On Saturday, horse racing and betting fans will rejoice as they gather to watch the Kentucky Derby, which begins at 6:45 p.m. ET on Saturday, May 3, 2025. In anticipation of this legendary event, DraftKings has rolled out a brand-new DraftKings promo code (no code required), allowing users to bet $5 and get back $200 in Bonus Bets, regardless of the promotion-qualifying wager’s outcome. DraftKings promo code key details DraftKings promo code: How do I claim the new promo offer? Claiming this DraftKings promo code takes no more than five minutes and can be accomplished in just four straightforward steps. Find the steps, including other applicable terms and conditions, below: Click on any of the DraftKings banners on this page.Create an account by providing required personal information, such as name, date of birth, mailing address, and the last four numbers of your social security number.Deposit $5 or more into the new account through any of DraftKings’ banking options.Bet $5 on any DraftKings market, including the NBA and NHL Playoffs and Kentucky Derby, and instantly receive $200 in Bonus Bets. DraftKings will issue eight (8) $25 Bonus Bets to your account, totaling $200, immediately after you place your first wager of at least $5. The Bonus Bets will expire after 168 hours, which equates to seven (7) calendar days, so use them soon after issuance. Additionally, the Bonus Bets serve as credits to your account, so the stake will not be included in any potential payout; they also have to be played through and won before becoming withdrawable as cash. States in which betting on horse racing on DraftKings is available Currently, DK Horse, a branch of DraftKings, offers betting on horse racing in these states: CaliforniaColoradoFloridaIowaIllinoisIndianaKentuckyLouisianaMassachusettsMarylandMaineMinnesotaMontanaNew YorkOhioOregonPennsylvaniaVirginiaWashingtonWest VirginiaWyoming DraftKings existing user promos NBA Profit Boost Pack: Get a profit boost for any NBA Playoff same-game parlay or SGP(x) with three or more legs and odds of +300 or longer.MLB Home Run No-Sweat: Get a no-sweat bonus bet back on any MLB Home Run single or parlay (+100 odds or longer) if your bet does not hit.Soccer Boost Pack: DraftKings offers three (3) profit boosts to use on soccer same-game parlays or SGP(x). Using the new DraftKings promo code offer for NBA and NHL Playoffs, or Kentucky Derby NBA Finals Winner: Oklahoma City Thunder (+150) Since you can use your DraftKings promo code bet ($5) on any market that the sportsbook offers and still get the $200 in Bonus Bets instantly, we will take a look at our favorite NBA Playoffs future wager: the Oklahoma City Thunder to win the NBA Finals at +150 on DraftKings. Oklahoma City dismantled a very talented Memphis team in its first-round matchup, sweeping the Grizzlies in four games. In fact, Memphis was the No. 2 seed in the Western Conference for a large portion of the season before hitting a rough patch late in the year. The Thunder carried their dominant regular-season play into the postseason; they look every bit the part of a championship-caliber squad. If OKC can stay healthy through the rest of the postseason, it should cruise to an NBA Championship.