NHL: Stanley Cup Playoffs-New York Rangers at Florida Panthers
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Sports fans looking to make wagers on the 2025 Stanley Cup Playoffs can take advantage of the latest DraftKings promo code, which gives new users $200 in bonus bets when they wager $5 or more.

Here's how those interested can claim the offer and how it compares to other sportsbook promotions.

How to claim DraftKings' promo code

This offer is only available to new users. If you have previously used DraftKings, you are not eligible for this promotion even if you have changed states. Here's how those eligible can secure the offer.

  1. Sign up for a DraftKings account by entering your name, address, email and payment information.
  2. Make a deposit of at least $5 and a wager of at least $5. There are no minimum odds for the wager.
  3. You will receive $200 in the form of eight $25 bonus bet slips regardless of the outcome of your first bet.

Bonus bets are issued 72 hours after the first bet is settled, and they expire in seven days. If you win a bet using bonus funds, you will get back the winnings but not the stake. For example, if you use $25 in bonus bets on a +100 wager and win, you will get back $25.

DraftKings promo comparison

DraftKings is not the only sportsbook offering a promotion as the NHL playoffs roll on. Here's a look at the latest offers across the marketplace.

Brand Promo CBS promo code
DraftKingsBet $5, get $200 in bonus bets instantly None required
BetMGMUp to $1,500 in bonus bets if your first bet losesCBSSPORTS
CaesarsBet $1, double your winnings on your next 10 betsCBSDYW
FanaticsBet and get up to $1,000 in No Sweat BetsNone required
FanDuelBet $5, get $250 in bonus bets if your bet wins  None required
bet365Bet $5, get $150 in bonus bets win or loseCBSBET365

FanDuel and bet365 are also offering bonus bets in a promotion similar to DraftKings. FanDuel is giving out $250 in bonus bets, but requires a user's first wager to win. bet365 is only giving out $150 in bonus bets, but allows users to spend those bonus bets in any increment, as opposed to the eight $25 slips DraftKings is giving out. Caesars isn't offering bonus bets but gives users profit boosts on their next 10 bets after making a first bet of at least $1. For prospective bettors who want to get a feel for sports betting without significant investments, these offers are worth looking into.

For those with the appetite for more risk and willing to invest more, BetMGM and Fanatics are offering promotions in the form of bet insurance. BetMGM is offering up to $1,500 in bonus bets, but to get the full amount, a user will have to make a first wager of at least $1,500. Fanatics is offering $1,000 but requires a user to bet for 10 consecutive days to potentially secure the full amount in bonus bets. Fanatics' promotion limits bettors to $100 per day, so a user would need to lose the $100 bet every day for 10 days to get the full amount in bonus bets in this offer.

Betting on the NHL Playoffs

Monday's NHL playoff slate features a pair of games, as the defending champion Florida Panthers continue their campaign to repeat when they face the Tampa Bay Lightning in Game 4. The Lightning are the higher seed in this state rivalry series and are hoping to get out of the first round after back-to-back early exits, but Florida currently holds a 2-1 series lead.

In the nightcap on Monday, the Colorado Avalanche travel back to Dallas for Game 5, with both the Avalanche and Stars looking to pull closer to the next round. Colorado is the slight betting favorite at most sportsbooks ahead of Monday's game.

Responsible Gaming with DraftKings

Responsible gaming is important at DraftKings, and the company has several resources to help bettors who struggle, including deposit limits, betting activity alerts, timeouts and self-exclusions. The platform also provides contact information for national responsible gaming helplines for those who need additional resources.