DraftKings is offering new users $150 [1] in bonus bets following a first real-money wager of $5 [1] on MLB games.

This promotion targets the acquisition of new customers during the baseball season by lowering the entry cost for first-time bettors. By offering a high reward relative to the initial stake, the company aims to increase its active user base in the competitive U.S. sports betting market.

The offer was highlighted for games on Friday, specifically targeting the matchups between the Reds and Pirates, as well as the Astros and Rangers [1]. These specific pairings provide the primary opportunities for users to qualify for the bonus through a single bet.

While the core offer remains consistent, some reports have listed different target games and dates. Other sources mentioned matchups involving the Braves, Nationals, Padres, and Giants [2], while the timing of the promotion was variously cited as Thursday [2] or Tuesday. However, the primary requirement remains a $5 [1] initial wager to unlock the $150 [1] in bonus credits.

Bonus bets typically function as credits that allow users to place additional wagers without risking further out-of-pocket cash. If the bonus bet wins, the user generally keeps the profit but not the original bonus stake. This structure allows betting platforms to incentivize activity while limiting their direct financial liability.

Users must use a specific promo code during the registration process to qualify for the welcome offer. The promotion is limited to new accounts that have not previously registered with the platform.

DraftKings is offering new users $150 in bonus bets

This promotion reflects the aggressive customer acquisition strategies used by U.S. sportsbooks. By offering a 30-to-1 return on the initial qualifying wager, DraftKings is leveraging the high volume of MLB games to attract a broad demographic of bettors. The discrepancies in reported matchups across different platforms suggest that the company may be rotating specific game targets to optimize user engagement across different regions or days of the week.