DraftKings launches $150 welcome credit for new Predictions users
DraftKings is offering first-time users a $150 credit in its Predictions platform after a $5 qualifying trade.
DraftKings has introduced a welcome incentive for its Predictions market, providing a $150 credit after a $5 first trade. Prospective participants must install the mobile app, allow location permissions, and create an account with basic contact details. The promotion applies in the majority of U.S. states, covering sports, financial and event contracts where the platform operates.
Credits are issued as non-withdrawable Predictions Dollars that must be used within a year and are released in $50 increments over two weeks. The offer is limited to one per new customer and requires the initial $5 trade to qualify. Users can fund their accounts via debit cards, ACH, Apple Pay, Venmo or PayPal, but the promotional balance cannot be transferred to other DraftKings products.
Why it matters
The promotion could attract new users to DraftKings' expanding prediction-market platform across many U.S. states.
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