DraftKings promo: $300 in bonus bets for new users after $5 winning wager

Cbssports reports DraftKings is offering new users $300 in bonus bets if their first $5 wager wins, a promotion tied to a Wednesday slate that includes NBA games such as Knicks vs. Nets and Bucks vs. Warriors and college matchups including North Carolina vs. Notre Dame.

No promo code is required, but entrants must be of legal age in a state where DraftKings operates and must be new sportsbook users. To claim the offer users are instructed to select "Claim Bonus," create a DraftKings Sportsbook account (including name, email and the last four digits of their Social Security number), agree to terms, make an initial deposit of $5 or more and place a first bet of at least $5 at odds of -500 or shorter.

If the qualifying wager wins, bonus bets arrive as $25 slips within 72 hours of settlement, are valid for seven days, hold no cash value and payouts go to the user's cash balance excluding the bonus stake. Wednesday game details cited include Knicks vs. Nets (7:30 p.m. ET; Knicks -11.5, O/U 222.5), Bucks vs. Warriors (9:30 p.m. ET; Warriors -9.5, O/U 226.5), North Carolina vs. Notre Dame (UNC -11.5, O/U 148.5) and Nebraska vs. Washington (9 p.m. ET; Nebraska -11.5, O/U 150.5). DraftKings also provides a Responsible Gaming Center with deposit and wagering limits, 24/7 live chat support and state and national helpline contacts, including 1-800-GAMBLER.

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Business, Draftkings Sportsbook, Bonus Bets, Responsible Gaming, New York Knicks, Brooklyn Nets