DraftKings is right up there with the best sportsbooks in the USA, and it is well known for splashing out lavish bonuses and promotions on its users. The Refer A Friend bonus is one of the easiest to claim, as all you need is to send out a referral link to anyone who wants to join the sportsbook.
Once your referred friend signs up and meets the qualification requirements, both of you will receive the referral bonus bet, which you can use straight away. The sportsbook is equipped with a tremendous arsenal of betting markets, covering virtually every sporting event in the USA and abroad.
How DraftKings Refer A Friend Works
DraftKings Sportsbook is offering both you, the referrer, and your referred friend up to $100 bonus bet on the house. Just copy your referral link and then send it on to your friends, or send out the offer via Twitter, Facebook, or Threads. They must sign up, make a qualifying deposit, and then complete the qualification requirements. You do need to be a DK sportsbook customer to qualify. If you haven’t yet got an account, you can get one in a few minutes at sportsbook.draftkings.com
Here is a quick step-by-step summary.
- Log in to your DraftKings account
- Send your friend a referral link
- They must follow the link and create an account
- A qualifying deposit (minimum $5+ deposit) needs to be made. To max out the offer, your friend should deposit at least $100
- Your friend must clear the qualification requirements
- After verifying their account, the rewards will come
The qualification requirements change regularly, but they usually involve placing a wager or entering a player contest. When the requirements relate to wagers, then you can expect requirements on the odds and types of bets that qualify. What’s more, your friend cannot place multiple contrasting bets on the same game, also known as hedge betting. These types of betting activities, alongside matched betting or arbitrage betting, are shunned by DraftKings, and the sportsbook would be fully in its rights to revoke the refer-a-friend bonus.
You are allowed to refer multiple friends, and one area in which DraftKings has outdone rivals such as BetMGM, is that referred family members or household members are accepted. As long as the person you refer is of legal gambling age and betting out of a state where DraftKings Sports operates. You can even bet long-distance friends in other states, so long as they have access to DraftKings Sports.
Explaining DraftKings Bonus Bets
There is an important distinction between bonus bets and bonus cash. A bonus bet is a bet on the house, that you can stake on a wager, and whatever it wins goes into your pocket. Bonus cash is money that comes with wagering requirements, and you must complete those for the bonus to become cold hard cash.
Presuming you have referred a friend successfully and you get $100 in bonus bets, you can use this on any wager that meets the requirements. Let’s say a -150 Moneyline bet on the LA Dodgers to beat the Boston Red Sox. The $100 bonus bet would win a total of $166.67, including the money won and the stake. But you wouldn’t get $166.67, only $66.67 would hit your account. This is because the staked money is not included, just what the bonus bet can win.
There may also be requirements such as the bonus bet can only be placed on wagers that have -200 odds or bigger. $100 can go a long way, especially at DraftKings, where the variety of bets on offer is colossal.
What DraftKings Has to Offer
This platform started as a Daily Fantasy Sports site back in 2012, and has since established itself as one of the premier US online sportsbooks. DraftKings is in a class of its own where props and player bets are concerned. The sportsbook is well-stocked on these types of wagers, just take its NFL betting markets. You can find a plethora of rushing props, passing props, TD scorers, and bets relating to turnovers, sacks, tackles, and more. DraftKings excels in Same Game Parlay wagers, so you can add virtually every stat and event that happens on the field in your wager.
That’s not all, as the platform has a cutting-edge bet slip tool that allows bettors to form all sorts of parlays. You can test various round robin wagers, adjust spread bet parlays with teaser options, and pack 15 selections into one parlay to hit jackpot-sized returns. You can do that on your desktop, or take your DraftKings wagers with you on the go, courtesy of the DraftKings designated mobile apps. Also, keep an eye out for its existing customer bonuses.
As a loyal member of DraftKings, you will get regular boosts, including odds boosts, parlay boosts, and profit boosts. DraftKings welcome bonus bets, reload offer, parlay insurance, and deposit bonuses are all part of the package. DraftKings has one of the best Rewards Programs out there, and it is available in the majority of states that have legal sports betting. Last but not least, the DraftKings Pick 6 is another key feature of this platform, offering weekly free-to-play contests with tremendous prizes up for grabs.
Both you and your referred friend(s) are in for some exciting times at this sportsbook, and it all starts when you sign up to DraftKings and then send out those referral links. You can also follow BettingTools on Twitter to find the latest sign-up offers and hottest sports bonuses at DraftKings.
