The NBA and NHL Playoffs have been wildly entertaining, with more action coming today, and the top thoroughbreds in the world are competing for the Kentucky Derby. There’s no better time than now to grab our DraftKings promo code (no code required) and earn $200 in bonuses instantly after betting just $5. DraftKings promo code at a glance DraftKings promo code: How to claim the offer The $200 bonus must be used within seven days once it lands in your account. With several must-see sporting events this weekend, you’ll have no issue wagering through the bonus before it expires. Here’s how to get started at DraftKings: Tap a DraftKings promo code banner or link and press “Sign Up.”Fill out the registration forms to open an account; no promo code is necessary.Choose a payment method and deposit $5 or more.Bet at least $5 on any event and instantly score a $200 bonus.DraftKings sends the bonus as eight $25 bonus bet tokens, totaling $200 in bonuses.The bonus cannot be withdrawn and expires seven days after receipt. Tap any of our DraftKings promo code banners or links to view additional terms and conditions. DK Horse state availability Wagering on the Kentucky Derby isn’t available through DraftKings Sportsbook. Instead, you’ll have to sign up with DK Horse, the horse racing side of the site. You must be located in one of these states to join DK Horse and place bets on the Run for the Roses: CACO FL IA IL IN KY LA MA MD ME MN MT NY OH OR PA VA WA WV WY DraftKings existing user promos There’s plenty more to enjoy at DraftKings after you redeem the bet $5, get $200 offer. New and existing customers can head to the reward center to find additional promos, such as: King of the Track: Wager on the Kentucky Derby with DK Horse for a shot at winning a share of $1 million in prizes.MLS Season Pass Bet and Get: Score an MLS Season Pass subscription if you bet $5 on soccer.Odds Boost: Raise the potential payout when you wager on select NBA and NHL markets. How to use your DraftKings promo code offer for the Kentucky Derby, NBA or NHL Playoffs You can’t go wrong when placing your first $5 bet at DraftKings. The $200 bonus is coming your way whether you win or lose. If I were a new customer using DraftKings’ sign-up offer, I’d bet on the Pacers’ moneyline in Sunday’s game against the Cavaliers. Indiana has +245 odds to win outright, and a $5 wager returns $12.25. Round one was a cakewalk for Cleveland. They swept the Heat in four games, and the last two wins came by 30+ points. The Cavs have yet to be truly tested in the playoffs, and may have some rust to shake after a long break since knocking out Miami. Despite finishing the regular season with the second-best record in the NBA, Cleveland dropped three of four meetings with Indiana. Look for the Pacers to make this a tighter game than oddsmakers expect.