No DraftKings Predictions promo code needed: spend $5 for up to $200 bonuses, 3 months NBA League Pass
How the new-customer offer works
The offer applies automatically when eligible new customers register through the DraftKings Predictions sign-up link and trade. Customers must deposit at least $5 using an accepted payment method, and a first-time trade of $5 or more is required.
Understanding event contracts
Each contract asks a question about a future event, with a yes-or-no answer or several possible outcomes. Customers take a position on what they expect, and the contract settles after the real-world result is known.
Prices range from $0.01 to $0.99 and move with participants’ views of an outcome’s likelihood. Trading takes place between participants on the exchange, with prices set by supply and demand rather than by DraftKings. The article describes the product as operating under a federal framework overseen by the Commodity Futures Trading Commission, rather than the state-by-state structure used by traditional sportsbooks.
Markets and platform details
Markets can cover sports, economics and finance, politics, culture and entertainment, and prices of assets such as Bitcoin and Ethereum. Available markets and features differ by state and may change as the platform and regulations evolve.
DraftKings launched Predictions in December 2025. The article says it moved to its in-house exchange, DKeX, on June 26, 2026. Supported funding methods include debit card, PayPal, Venmo, Apple Pay, ACH bank transfer and wire transfer; DraftKings does not charge a deposit fee, though a bank or provider may. Market entry and exit orders are supported, but resting limit orders are not currently available.
Availability and competitors
The article identifies Kalshi and Polymarket as established market leaders with deeper liquidity and broader market coverage. It says Kalshi has wider sports coverage than DraftKings, while Polymarket is known for crypto-native funding and a deep pool of politics markets. DraftKings’ in-app Help Center covers setup, identity verification, funding and contract settlement.
Key points
- No manual promo code is required; the offer applies through the DraftKings Predictions sign-up link.
- Eligible new customers need a $5-or-more first-time trade and can claim up to $200 in Predictions Dollars.
- Each $50 claim expires seven days after issuance; terms cap non-withdrawable Predictions Dollars at $150.
- Market availability varies by state, and the supplied offer details do not explain the advertised NBA League Pass benefit.