The NBA Finals between the Indiana Pacers and Oklahoma City Thunder begins tonight, and DraftKings Sportsbook is offering new users $300 in bonus bets when they win a $5 bet after signing up with our DraftKings promo code (no code required).

Continue below to get all the details on how to claim this DraftKings promo code welcome offer.

DraftKings promo code at a glance

DraftKings promo code: How to claim the offer for the NBA Finals and French Open

DraftKings is one of several sportsbooks that offers a “bet and get” style promo that requires users to win their first bet in order to receive bonus bets. Of all those promotions, no other sportsbooks offer more than the $300 that DraftKings is offering, making it one of the best sportsbook promos available right now.

Even better, it’s super quick and easy to claim the offer. Just take a few minutes to follow these steps:

1. Click any of the DraftKings promo code links or the “Get Bonus” buttons in the banners on this page to go to the DraftKings promo page, then click “Sign Up.”
2. Create a new account by entering your name, e-mail, phone number, date of birth, and the last four digits of your social security number. There is no DraftKings promo code to enter if you use our link to sign up.
3. Deposit $5 or more using your preferred payment method.
4. Wager $5 or more on any available betting market with odds of -500 or longer (e.g. -450 is OK, but -550 is not)
5. Collect twelve $25 bonus bets if you win; no bonus bets are awarded if you lose.
6. Use your bonus bets within seven days (168 hours) so they don’t expire.

Remember that bonus bets work differently from regular cash bets because they only pay out the winnings if they win, but not the original stake.

So while a $25 cash bet at -125 odds would pay out $45 ($20 winnings plus the original $25 wager), a $25 bonus bet at -125 odds would only pay out $20 if it wins (because the $25 wager is not included in the payout).

This is standard across the industry and is not a bad thing, but it’s important to understand, especially for any new bettors that are unfamiliar with how bonus bets work.

DraftKings existing user promos

After you claim the DraftKings sign-up bonus, it’s a good idea to regularly check the promotions section of the DraftKings mobile app or website to see what other promotions they are offering for existing users.

These promotions will change frequently based on what sports or events are most popular at any time. They offer different perks like odds or profit boosts, second-chance bets, free contest entries, and more.

Here are some of the DraftKings existing user promos available right now:

• NBA Finals SGP profit boost: Opt in to this promo to get a Profit Boost Token to use on a 3+ leg Same Game Parlay for Game 1 between the Pacers and Thunder. Using the token will increase your profits (by a varying percentage) if your SGP wins. Minimum +300 odds apply.
• MLB No-Sweat Bets: Claim a No Sweat Token from the promos tab and use it on any MLB single or parlay bet. If your bet loses, you will get your stake back as a bonus bet. Minimum -250 odds apply.

How to use the DraftKings promo code offer for Pacers vs. Thunder Game 1

There was an important change recently to the DraftKings promo code and welcome offer that impacts how you can claim it.

Previously, there were no minimum odds on the qualifying wager, which made it much easier for new users to pick a winning bet and lock in the bonus bets. However, DraftKings has now instituted -500 minimum odds on qualifying wagers.

The strategy for claiming this promo remains the same: Pick a bet with the longest possible odds to give yourself the best chance of winning your bet and claiming the bonus bets. What changes is that you can no longer pick bets with odds as short as -1000, -1500, etc. Now you must pick a bet with -500 odds, or close to it.

For Game 1 tonight between the Pacers and Thunder, my favorite bet to claim this DraftKings promo is Isaiah Hartenstein to grab 5+ rebounds at -475 odds. It is difficult to find bets with exactly -500 odds, but this bet comes close enough and should be a safe pick.

Hartenstein is averaging 7.9 rebounds per game in the playoffs after averaging 10.7 per game in the regular season. He has grabbed at least five boards in all 16 playoff games and in 35 straight games going back to the regular season. He only failed to reach this number twice in 73 games (including playoffs).