With the excitement of the expanded College Football Playoff (CFP) heating up, DraftKings has brought out one of the best new sportsbook bonus offers we’ve seen in a while for their new customers.
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If you’re looking to make the CFP even more thrilling than it already is, here’s your chance to do it with some serious bonus cash. DraftKings Sportsbook is giving new users $150 in Bonus Bets instantly when they place a simple $5 bet on any sporting event in any market. Win or lose, you get the bonus.
We seriously think that this promo couldn’t have arrived at a better time. The CFP’s revamped format which now features 12 teams instead of the traditional 4, is going to deliver unforgettable moments.
With first-round games kicking off later tonight and the national championship on January 20, this expanded schedule is perfect for bettors who want to make the most of their bonus during the CFP.
The DraftKings deal is simple.
First-time DraftKings customers only need to deposit at least $5 into their Sportsbook account to get started. After all, you need to have some funds in the account to make the first bet.
Then, place a $5 bet on any sporting event. While we think the College Football Playoffs are ripe for bets, you’re not limited to just those games. And that’s it. Once your bet is placed, you’ll get the $150 in Bonu Bets instantly. Regardless of whether your first bet wins or loses, DraftKings will add the credits to your account.
We weren’t messing around when we said it’s that simple.
These Bonus Bets are divided into 6 $25 chunks. That makes them versatile for all kinds of bets. You can spread your new bonus tokens across different games or even load them onto a single big pick. You could bet on games with moneyline or total bets, or even do something a little different with prop bets. The choice is yours.
The catch? There’s really not much to it, however, these bets must be used within 7 days, so the clock starts ticking as soon as they hit your account.
The College Football Playoff has never been bigger.
This year, 12 teams are battling for the championship. That’s a bit different from the previous 4-team format.
Each game offers tons of unique betting opportunities — from point spreads and over/under totals to moneyline wagers. You can even combine some of these for parlay bets or even same-game parlays.
Imagine using a $25 Bonus Bet on a first-round game like Tennessee vs. Ohio State which is tomorrow night. Both teams bring explosive offenses and absolutely rabid fan bases, making this matchup even more unpredictable. Instead of risking your own hard-earned cash, let the DraftKings’ Bonus Bets give you a shot at cashing in.
As the tournament progresses, the stakes, of course, will get even higher.
Quarterfinal games like the Peach Bowl or Rose Bowl on New Year’s Day are perfect spots to put yet another Bonus Bet in play.
The semifinal games will be on January 9th and 10th and the national championship on January 20th offer the biggest stages and highest rewards for savvy bettors. In fact, the College Football Championship is one of the most bet-on games of the year in any sport.
DraftKings’ Bonus Bets are straightforward to use, but there are a few things we think you should keep in mind.
You can only use one Bonus Bet per bet slip, which isn’t that big of a deal. Find whatever game you want to bet on, load up your bet slip, use a Bonus Bet token, and then place the bet. After that, do it again with another Bonus Bet token.
While you can’t split them into smaller amounts, the $25 increments are well-suited for individual CFP games.
Here’s a strategy we like to use in situations like this — Use one Bonus Bet on a favorite team’s moneyline in an early-round matchup. Maybe Indiana at Notre Dame which is kicking off later tonight. These games often have clearer outcomes, giving you a solid shot at turning the Bonus Bet into cash winnings. Notre Dame is heavily favored, and while the odds won’t pay out as much, you might want to throw a Bonus Bet on the moneyline just to get a quick win under your belt. Then, save another for a higher-risk bet in a close matchup or a bold parlay.
Keep in mind, that Bonus Bets don’t include the stake in your payout.
For example, if you place a $25 Bonus Bet on Clemson to beat Texas on the moneyline which is at +390, the payout is $122 but you’ll only get to walk away with $97
It’s a risk-free way to shoot for big rewards.
The CFP games are all televised and spread across ESPN and TNT, making it easy to follow the action.
Whether you’re watching from home, hosting a watch party, or cheering at the stadium, having a DraftKings account adds even more excitement to the mix on a big game day. You can place in-game bets as the action unfolds, test your knowledge of matchups, or even hedge against a previous bet in real time. Using these bonus bets is a good time to experiment and try out different things.
With marquee games like the Fiesta Bowl, Cotton Bowl, and Sugar Bowl — the possibilities are endless.
Fans of powerhouse teams like Georgia, Oregon, and Penn State will have plenty to root for over the coming weeks. Meanwhile, dark horse teams like SMU or Arizona State could surprise all of us and make a run for the championship.
If you’re a first-time DraftKings user, now’s your chance to make the most of the CFP season.
All you have to do is bet $5, and you’ll unlock $150 in Bonus Bets instantly. It’s the easiest way to add excitement to an already huge playoff format.
With 6 Bonus Bets in your pocket, you can follow — and bet on — every twist and turn of the CFP, from the first-round clashes to the crowning of a national champion.
The expanded format means more games, more teams, and even more chances to win big at one of the biggest sportsbooks in the nation. So grab this promotion, pick your bets, and enjoy the ride.
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