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The College Football Playoff begins on Friday and right now you can use the latest DraftKings promo code to get $200 in bonus bets if your first $5 wager wins. No. 8 seed Oklahoma will host No. 9 seed Alabama in a first-round CFP matchup that begins at 8 p.m. ET, and the Jake Paul vs. Anthony Joshua fight is also on tap around 10:30 p.m. ET. Claim your DraftKings promo code here:

For the full terms and conditions and how to claim the promo, read our DraftKings promo code review.

How to claim the DraftKings promo code 

No code is required for this online sports betting offer, but users have to be of legal age in a state where DraftKings legitimately operates. You must also be a new user at the sportsbook to qualify for the offer, meaning you could not have previously signed up for a DraftKings account. Here's how to sign up for one of the top betting sites.

  1. Select "Claim Bonus" on this page, or click here.
  2. Create a DraftKings Sportsbook account by entering all required information, including name, email and the last four digits of your Social Security number.
  3. Agree to DraftKings' terms and conditions.
  4. Make an initial deposit of $5 or more
  5. Place a first bet of at least $5 with odds of -500 or shorter and collect your bonus bets if the wager wins.

Get started here:

You will receive DraftKings' bonus bets in the form of $25 slips within 72 hours of your qualifying wager settling as a win. Bonus bets are valid for seven days after they are received. They hold no cash value. Payouts from bonus bets are transferred to the user's cash balance and do not include the bonus bet stake.

Friday College Football Playoff betting preview

The Oklahoma Sooners joined the SEC last season and stumbled out of the gates with a 6-7 record. However, Brent Venables and his staff went to work to reshape the roster this offseason and turned in a 10-2 season that included wins at Tennessee and Alabama in back-to-back weeks to launch the Sooners into the CFP.

Meanwhile, the Crimson Tide overcame a season-opening loss to Florida State to make the SEC Championship Game and find their way into the College Football Playoff. Now they'll have an opportunity to avenge their loss in Norman, but the Sooners are 1.5-point home favorites in the latest college football odds from DraftKings while the over/under is 40.5 points. Get $200 in bonus bets after if your first $5 wager wins:

Paul vs. Joshua betting preview

YouTuber Jake Paul's rise to prominence has rankled boxing purists, but he'll draw another massive worldwide audience in his most significant test to date on Friday. He'll take on former lineal world heavyweight champion Anthony Joshua at the Kaseya Center in Miami in a made-for-streaming event on Netflix.

Official weigh-ins were on Thursday and Paul (12-1, 7 KOs) is giving up five inches in height, six inches in reach and nearly 27 pounds to Joshua (28-4, 25 KOs). The latest Paul vs. Joshua odds from DraftKings list the former world champion as the -1200 favorite on the money line while Paul is a +700 underdog and the over/under for total rounds is 2.5. Get $200 in bonus bets after if your first $5 wager wins:

Responsible Gaming at DraftKings

DraftKings provides a "Responsible Gaming Center" tab for users on their profile pages. This landing page includes help for problem gambling as well as "Safer Play Tools," a list of options that allow users to limit their use of the app with deposit limits (daily, weekly or monthly), wagering limits, max wager limits and time limits. The platform also has a support team available 24/7 via live chat, and provides contact information for state and national helplines for those who need additional help. If you think you may have a gambling problem, you can call or text 1-800-GAMBLER.