What is the DraftKings Sports Betting Promo Code?

Written by:
Mary Montgomery
Published on:

The Draftkings promo code is "WIN" and gets your first bet matched instantly up to $500.  Other current promo codes include "BOL 1000" for BetOnline to receive up to $1000.

Bonus codes are heavily sought after over the years and they will get even bigger with US-based online gambling sites attempting to compete with the offshore heavyweights like BetOnline.  As you can see by the above, they can't, at least not yet.

Draftkings and FanDuel are going to get slaughtered should the Philadelphia Eagles progress through the Playoffs, and especially if they win another Super Bowl.  Currently, these betting companies are heavily dependent on the Pennsylvania (specifically  Philadelphia) and New Jersey markets.

FanDuel and Draftkings are also getting taxed heavily (36% in PA compared to up to 13% in NJ), thus cutting into any profits. 

The FanDuel and Draftkings bonus will serve to make up for a portion of any taxes that gamblers will need to pay: 24% federal and 3% state in PA on winnings as an example. 

BetOnline incidentally offers additional free bets on props, live wagering, Bitcoin deposits and a wager placed from one's mobile device.

- Mary Montgomery, Gambling911.com


Gambling News

How Do I Start a Sportsbook From Kansas?

Kansas was well represented in the 2023 NCAA Men's College Basketball Tournament once again.  While the Jayhawks entered as a No. 1 seed, it was KSU that advanced the furthest.  Kansas is a hot bed for bookies even though they now have state-regulated sports betting apps.

Can I Start an Online Sportsbook From Kentucky?

Can I Start an Online Sportsbook From Kentucky?

The bookies have had the run of Kentucky, but that will change soon as the commonwealth lawmakers just passed through a bill that will legalize mobile sports betting.  That doesn't mean there still won't be opportunities for the local books.

Start a Sportsbook From My State

Below we list all the different US states and the current sports betting climate.  Every state has some opening for the local bookies, whether it be that state regulated books do not permit those under 21 from wagering (bookies often allow anyone 18 and up) or that betting is prohibited on in-state schools. 

How Do I Start a Sportsbook From Illinois?

How Do I Start a Sportsbook From Illinois?

Illinois is an excellent state in which to be a bookie.  Even though the state now allows for betting on home teams like the Fighting Illini and Wildcats, you'll need to wager in person on those teams at a casino.  Not exactly the most convenient.  The local bookie makes things much easier by placing those team bets online using the pay per head software.