This Sunday is one of the best days of the year for both racing fans and sports betting fans alike. The Indy 500 is Sunday, May 28, with some of the greatest drivers in racing competing for glory — and millions of dollars. For sports bettors looking to get in on the winning action, we’ve got a DraftKings promo code for the Indianapolis 500.
Claim $1,200 in bonuses with today’s DraftKings Promo Code for the Indy 500
Read on for a betting preview and odds for Sunday’s Indy 500 race. But first, here’s how to claim your bonuses from DraftKings Sportsbook.
DraftKings Promo Code: How to Claim Your $1,200 in Bonuses
Follow these steps to set up a DraftKings Sportsbook account and use the DraftKings promo code.
- Visit the DraftKings Sportsbook website.
- The unique link above will take you to a signup page where our exclusive DraftKings promo code is already applied.
- Choose your state from the dropdown menu and then continue to set up your account.
- Over the next few pages, DraftKings will guide you through prompts to register as a user. First, you’ll create your login credentials with an email and a new password (make sure to store the password somewhere safe!). Then, DraftKings will require personal info like your name, address, and SSN. Every sportsbook requires these details to confirm your identity as a legal bettor.
- When your account is set up, the final step is to link a payment method so you can make deposits and withdrawals. This is a good time to make your first deposit as well, remembering that the first two DraftKings promos will hit your account after that deposit.
- You can also download the DraftKings Sportsbook app for iOS or Android. DraftKings’ app is one of the best on the market and makes it easy to search and place bets from wherever you are.
- Whenever you’re ready to place your first bet, make it a bet of at least $5 on a moneyline bet, and DraftKings will give you $150 in bonus bets!
Grab $200 in bonus bets + a 20% deposit match with DraftKings Sportsbook
How the DraftKings Promo Code Works
DraftKings has one of the best and most popular promos of any sportsbook, and it’s offering the promo in all states where it operates. New users can claim up to $1,200 in bonus bets with our exclusive DraftKings promo code.
Unlike other online sportsbooks, DraftKings gives you three ways to leverage the bonus bucks. Two of them apply to your first deposit, and the third will trigger when you place your first bet. We’ll explain each in detail.
Get a $50 Bonus Bet on Your First Deposit
Simply by signing up and making your first deposit, DraftKings will automatically give you a $50 bonus bet as a thank-you for getting started. Make a deposit of $5 or more for the promo to apply. The $50 comes in the form of a $50 bonus bet that you can use to make a wager with DraftKings.
Get a 20% Deposit Match Up To $1,000
The next DraftKings promo also applies to your first deposit, but in this case, the larger your deposit is, the larger the bonus. DraftKings will match your deposit amount at 20% up to $1,000. So, if you make a $100 deposit, they’ll add $20 in bet credits. If you make a $5,000 deposit, you’ll get the max payout of $1,000 in bet credits at a rate of $1 per $25 wagered.
Be sure never to deposit more than you can afford to lose! It’s not worth it just to get some bonus bet credits.
Bet $5 on Moneyline and Get $150 in Bonus Bets
The final way to get bonus bets as a new DraftKings user is to make a $5+ bet on any moneyline wager. Whether or not that bet wins, DraftKings will give you $150 in bonus bets simply for making it. You’ll get the bonus bets in the form of six $25 bets, and you must use them within seven days of receiving them.
Betting Preview and Odds for the Indy 500
This year is the 107th running of the Indianapolis 500, which is self-titled as the “greatest spectacle in racing.” It’s a star-studded event. Acclaimed actor Adam Driver will wave the green flag to start the race, while Pacers’ star Tyrese Haliburton gets to drive the honorary pace car, a 2023 Chevrolet Corvette Z06 hardtop convertible.
But let’s get to the odds. The favorite to win is Alex Palou, who won the IndyCar Series championship in 2021. Palou earned the pole position for Sunday’s race. Palous is also a reserve driver for the McLaren Formula One team.
Here are some of the odds from DraftKings Sportsbook.
- Alex Palou: +600
- Pato O’Ward: +750
- Scott Dixon: +800
- Alexander Rossi: +1000
- Rinus Veekay: +1000
- Marcus Ericsson: +1100
- Takuma Sato: +1200
- Felix Rosenqvist: +1200
- Santino Ferrucci: +1200
- Josef Newgarden: +1400
