Sportsbook Review
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DraftKings Ohio Bonus Code: $5 Bet Earns Up to $100 in Bonus Bets
DraftKings Ohio rewards a $5 first bet with up to $100 in bonus bets expiring in 7 days. Note: bonus-bet stake is removed from winning payouts. 21+.
DraftKings Ohio gives new customers up to $100 in bonus bets after a $5 first qualifying wager — no promo code is required at registration, just opt in during sign-up. The offer is straightforward, but one term catches bettors off guard: when a bonus bet wins, the stake is removed from the payout.
How does the DraftKings Ohio bonus work?
Place a first real-money bet of $5 or more after creating your account. DraftKings credits up to $100 in bonus bets to your account. The bonus bets expire in 7 days (168 hours) from issuance, so plan accordingly. The offer ends May 31, 2026, and is available to new customers only — one per person, household, and device.
This is a Bet & Get structure, not First Bet Insurance. There is no refund if the first bet loses. For a side-by-side breakdown of both formats, see the Ohio Promo Types Compared: First Bet Insurance vs Bet & Get page. If larger first-loss coverage matters more, the Ohio First Bet Insurance Offers: Which Books Cover Up to $1,500? page compares books offering up to $1,500 in refund protection.
What is the bonus-bet stake removal rule?
This is the detail most bettors miss. On DraftKings, when a bonus bet wins, the stake amount is deducted from the payout. A $50 bonus bet at +100 odds returns $50 in cash — not $100. The bet wins, but the stake itself does not come back. Read that line twice before placing. Check the Ohio Sportsbook Promo Code FAQ: Bonus Bets, Taxes & Payouts for a plain-language explanation of how bonus-bet mechanics differ across Ohio books.
How does DraftKings compare to other Ohio sportsbooks?
| Sportsbook | Max offer | Offer type | Bonus-bet expiry | Minimum deposit |
|---|---|---|---|---|
| DraftKings Ohio | $100 | Bet & Get ($5 triggers up to $100) | 7 days | Not specified (qualifying bet $5+) |
| BetMGM Ohio | $1,500 | First Bet Insurance (5 equal bonus bets on loss) | 7 days | $10 |
| Caesars Sportsbook Ohio | $1,000 | First Bet Insurance (bonus bet on loss) | 14 days | Not specified |
| bet365 Ohio | $150 | Bet & Get ($5 triggers $150 if first bet wins) | Not specified | $10 |
DraftKings carries the lowest headline cap of the four books shown. However, the qualifying bar is low — $5 — and the book's market depth, live-betting options, and same-game parlays give bettors plenty of ways to deploy bonus bets before the 7-day clock runs out. For a full ranked view, see Best Ohio Sportsbook Promos: Ranked by Offer Value. Compare the BetMGM Ohio Promo Code: SIBONUS50 page if a larger first-bet safety net is the priority.
Is DraftKings licensed to operate in Ohio?
Yes. Ohio sports gaming launched January 1, 2023, and is regulated by the Ohio Casino Control Commission. DraftKings is among the major licensed operators confirmed live in the state. As of late 2024/early 2025, 19 legal Ohio sportsbooks are active. Bettors can verify any operator's status against the OCCC's published Sports Gaming License List before depositing. Minimum age to wager in Ohio: 21+.
Key terms to know before claiming
- Bonus bets are non-withdrawable; only cash winnings generated from them can be withdrawn.
- The bonus-bet stake is removed from winning payouts — a $100 bonus bet winning at +100 pays $100, not $200.
- Bonus bets expire in 7 days (168 hours); forfeited if unused.
- One offer per new customer; duplicate accounts violate terms and risk permanent closure.
- Offer end date: May 31, 2026.
Must be 21+ and physically located in Ohio. Gambling problem? Call 1-800-GAMBLER.
Also worth reviewing: the FanDuel Ohio Promo Code page covers a competing Bet & Get structure with a $150 bonus-bet reward. For the longer-duration daily token model, the Fanatics Ohio Promo page explains how ten daily bet-match tokens can add up to $1,000 in FanCash over the first 10 days.