New DraftKings Sportsbook Promo Turns First $5 NFL Moneyline Bet Into $200 Of Free Bets

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Written By Matt Schoch on October 18, 2021Last Updated on October 20, 2021
DraftKings Sportsbook Promo Michigan October 2021

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New users of DraftKings Sportsbook can take advantage of an incredible promotional offer. If your initial NFL moneyline bet is successful, you have the chance to receive free bets worth 40 times the amount of your winnings.

In order to qualify, your initial deposit must be accompanied by a bet of at least $5. However, by securing a victory, you have the potential to transform that $5 into a substantial amount of money, up to $200 in free bets, throughout the football season.

As we approach the midpoint of the NFL betting season, the leading sportsbook for Michigan sports betting is aggressively enticing new customers. This promotional effort has the potential to fuel further expansion for the dominant force in the industry.

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How new DraftKings Sportsbook promo offer works

Please note that this offer is exclusively available for new users.

To initiate the process, simply click on the provided link and deposit a minimum of $5 anytime until 11:50 p.m. ET on November 7, 2021.

After making a deposit, you can place your first bet on any NFL game that starts between now and November 7th. However, please note that live bets, cash outs, free bets, odds boosts, and voided bets do not count as qualifying bets for this offer.

If your bet is successful, you will receive eight $25 free bets, adding up to a total of $200 in free bets, on top of your winnings from the qualifying wager.

Please note that the free bets will expire in seven days and will become void thereafter. Additionally, it’s important to remember that free bets will only cover the winnings and not the initial stake.

This offer extends beyond Michigan to include Arizona, Colorado, Iowa, Illinois, Indiana, New Jersey, Pennsylvania, Tennessee, Virginia, Wyoming, and West Virginia.

DraftKings now No. 1 in Michigan sports betting

DraftKings’ success in becoming a dominant force in Michigan’s sports betting arena can be attributed to lucrative sign-up offers and the provision of robust promotional bonuses for loyal customers.

The name was already well-known among sports fans due to years of extensive marketing in the daily fantasy sports industry. Additionally, this sector had already established a loyal customer base.

Since its online launch on January 22, Rival FanDuel Sportsbook has consistently outperformed its competitors in Michigan, securing the highest online sports betting handle for the first seven consecutive months.

However, DraftKings emerged as the frontrunner in August and continued to dominate in September, capitalizing on a highly profitable month for the industry.

DK has its sights set on Michigan for exciting prospects as well. The company has future intentions of establishing a branded retail sportsbook at Bay Mills Casino in Brimley of the Upper Peninsula. Furthermore, in collaboration with Sports & Social, DK plans to open a branded downtown Detroit sports bar.

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