DraftKings Bonus Code: How To Best Use 500 Free Spins + Up To $1,000 In Credits
By Drew Ellis
Published:
The latest DraftKings Casino welcome offer is pretty robust.
New users can not only collect 500 free spins to use on a series of popular slot titles, but also their first 24 hours of net losses back in casino credits, topping out at $1,000.
This DraftKings Casino bonus code offer doesn’t need an actual code. Just use one of our available DraftKings Casino links to get started.
With a lot of bonus content coming your way, it can be overwhelming to figure out what to do with it. But, we’ve got you covered there.
DraftKings Casino Bonus Code Offer
This latest DraftKings Casino promo offer is available one time to new users of DraftKings. You must be at least 21 years old.
When you spend $5 on real money games at DraftKings Casino, you will be issued the first of 10, 50-spin allotments. These spins can be used on the Cash Eruption slot series. Just log-in to your account each day over the 10 days to receive the remaining sets of 50 spins, for a total of 500 altogether. Each spin carries a $0.20 value. Each set of 50 spins expires 24 hours after being issued.
When it comes to the loss back insurance, just opt-in to start your 24-hour window. Over that time, DraftKings will track your net losses. All games excluding craps, live dealer games, and DK digit games will be counted toward the losses amount. Once the 24 hours ends, whatever your losses are on the eligible games, DraftKings will issue you a refund in casino credits, up to $1,000. If you have net wins after 24 hours, you won’t receive a bonus. The credits will expire seven days after being issued.
What helps make this offer one of the best bonuses available is the 1x wagering requirement. Any winnings from your casino credits are yours to keep and available for withdrawal. The same goes for winnings from the bonus spins.
Ways to Use the DraftKings Bonus Offer
This welcome offer gives new customers some flexibility in how they want to approach using a new online casino.
First is the bonus spins. You get 50 free spins each day for 10 days. The eligible games to use the spins on are:
- Cash Eruption
- Cash Eruption Coins & Clovers
- Cash Eruption Power Surge
- Cash Eruption Vegas
- Cash Eruption Fai Cai Shu
- Cash Eruption Hoggin Cash
- Cash Eruption Red Hot Joker
- Cash Eruption Hephaestus
- Cash Eruption Rey Picante Del Pollo
- Cash Eruption Big Bank Breakout
Did DraftKings set it up nicely that 10 games are included and you get 10 sets of spins? Perhaps. But, it’s not a bad idea to use one set on each of the games. This allows you to get a feel for the game while only risking bonus spins. Then, if you find one you prefer, you can choose to use remaining bonus spins on that game, or return to it later when using your own funds.
When it comes to the 24-hour window for net losses, just remember that craps, live dealer, and DK digit games don’t apply to your tally. So, don’t waste time with them during that 24-hour window.
In that first day, get a feel for different games and different game styles. Try some table games you may not have normally give a shot at. Find some slots formats that you aren’t as familiar with. Knowing your losses come back in credits with a 1x wagering requirement opens the door to find some new games that could become favorites.
You can also feel free to mix up your wager amounts. Don’t go crazy, but with the loss back insurance, it’s an opportunity to go for a big win.
The goal isn’t to rack up $1,000 in losses to get back. The goal is to come out ahead through a strategy you may not be able to implement with other bonus offers.
Signing Up for the DraftKings Casino Bonus
If you like the sound of this DraftKings Casino bonus offer and want to get started, just follow a few steps.
- Click here or on one of the available links to be taken to DraftKings Casino in your location.
- Sign-up for an account with your email and a password. Complete registration for an account by providing your personal information. That includes your legal name, address, phone number, date of birth, and last four digits of your social security number. This gives DraftKings the ability to confirm your identity and location.
- Set up your financial information in order to make deposits and withdrawals. DraftKings no longer accepts credit cards as an available payment option.
- Make your first deposit and place at least $5 in wagers on real money DraftKings Casino games to initiate the bonus spins offer. Opt-in to your 24-hour losses bonus to start the window for determining the total amount you will be refunded with.
- Over the next 24 hours, DraftKings will tally your losses on eligible games and refund you in casino credits, up to a maximum of $1,000.
- Log-in each day over your first 10 days to receive all sets of 50 bonus spins, for a total of 500.
That’s all it takes to get started. Just remember that any winnings from the bonus spins and from playing the casino credits will be unlocked to your account. You have 24 hours to use each set of bonus spins and seven days to use up your refund bonus credits.
Drew Ellis has experience covering the gambling industries in North America and around the world. Decades of media experience provide him with the background to handle the complexities of different gambling laws and policies around the United States and North America. Ellis has primarily focused on online and retail casino news since 2021. Prior to working in the gambling industry, Ellis spent over 20 years in the newspaper industry, covering sports and the gambling. His work for The Mt. Pleasant Morning Sun and The Oakland Press was recognized with awards by the Associated Press and other media organizations. Drew has also contributed to the Detroit Free Press and the Associated Press.
