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Sports Betting Sites / DraftKings Sportsbook Colorado: Claim the latest $200 Instant Bonus offer from DraftKings Colorado

DraftKings Sportsbook Colorado: Claim the latest $200 Instant Bonus offer from DraftKings Colorado

Last Updated on 02/18/2024
Fact checked by: Vicky Winters

Enjoy bonus bets with the Promo Code from DraftKings Colorado

Draftkings Pro Contra USCentennial State residents seeking a generous sportsbook promo with a trusted provider should check out the latest DraftKings Colorado bonus code, which is good for $200 worth of bonus bets when you wager $5 or more on any sport.

Now of course this offer comes with a few caveats in the form of time restrictions, play-through requirements, and so on, but don’t fear – so long as you use the correct bonus code to activate your offer, wager your bonus bets within seven days and follow the T&Cs carefully, there’s a ton of fun to be had here.

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Get to know the latest DraftKings signup bonus for Colorado

Sign-up bonuses are the bread and butter of online sports betting, and the latest DraftKings promo code has an awful lot to offer, as this operator is very keen to keep up pace with its competitors. At the time of writing, new DraftKings customers based in CO and 14 other states are eligible for the following offer:

  • Bet $5+ on any sport and get $200 instantly

On the surface, this all sounds real straightforward, but CO sports fans actually have a lot to get their heads around with this particular offer. In fact, it’s incredibly important to fully understand how it works and what you’ll need to do to claim before you get started – as the bonus can easily be invalidated if you’re not careful.

We’ve picked out some of the most important aspects of this offer’s T&Cs below. In brief, here are the key things you need to know:

  • You must be a new customer residing in an eligible state to claim (CO applies).
  • A qualifying wager of $5 or more must be placed.
  • Your bonus bets will be granted in 8x separate increments of $25 each.
  • Your 8x DraftKings CO promo bets are only valid for seven days and must be played through at least once each.

Phew. Now the key T&Cs are out of the way, let’s look at the steps you’ll need to follow to claim and activate this promotion.

How to claim the latest DraftKings CO promo code offer – get started with these steps

DraftKings has been in the business a pretty long time, so the process you’ll need to follow for claiming their latest bonus is a very familiar one. If you’re new to sports betting bonuses, all online sportsbook promo codes need to be activated. Now, here’s how that works for Coloradans with DraftKings:

  • Create a first-time DraftKings account from a location within CO.
  • Make a minimum deposit of at least $5 into your Sportsbook account.
  • Enter the DraftKings CO bonus code relevant to your region – which you’ll find displayed on the DraftKings banner ad for this offer on their homepage.
  • Find an eligible sports fixture and place a single bet of $5 or more.
  • Receive $200 in bonus bets granted to you as 8x separate bets worth $25 each.
  • Play-through your 8x $25 bonus bets within seven days of receiving them, being careful to stick to eligible sports fixtures and bet types.
  • Once all bonus bets granted as part of this DraftKings sign-up offer for Colorado residents have been played through at least once, any winnings will be transferred to your cash balance and can finally be withdrawn.

Familiarize yourself with the T&Cs and follow the above steps carefully, and we’re confident you shouldn’t go wrong with this offer. That said, you will need to be careful how and where you place your bonus bets – we’ll review this in a little more detail in the next section, alongside some other common mistakes bettors make.

Common pitfalls to avoid when claiming this DraftKings CO promo 

DraftKings has a reputation for being a little finicky with its T&Cs and there are a handful of aspects of this offer in particular that could catch some bettors unawares. Here are some things to watch for:

Make sure you meet the eligibility criteria

Those of you who have read our DraftKings review will be aware that this brand likes to advertise different sign-up promos in different regions. You’ll need to be physically located in CO, or any one of the other 14 eligible states, to claim this particular offer. You’ll also need to be 21+ and a first-time DraftKings customer, else you won’t be deemed eligible.

Keep an eye on the time

Many sports fans will miss out on the full potential of this DraftKings CO bonus code simply because they aren’t paying attention to the time. Your 8x $25 bonus bets must be played through at least once each within seven days – and this play-through period is measured as 168 hours exactly from the moment your bonus bets appear in your DraftKings account. Be sure to bet quickly to avoid bonus invalidation.

Fulfil the wagering requirements before cashing out

Your bonus bets are non-transferable, non-refundable and cannot be cashed out with this offer – or at least not until you’ve wagered each bonus bet at least once within the stated time limit. 

Remember that this is a DraftKings deposit bonus for Colorado residents

You’ll need to make an initial deposit of at least $5 into your DraftKings account from a CO account immediately after registering, else you won’t be able to place the minimum qualifying bet you’ll need to put down to activate your offer.

Stick to the right kinds of bets

The small print states that once you’ve entered your DraftKings CO promo code, made your qualifying wager and claimed your bonus bets, these bets must not be placed on live sports odds, parlays, odds boosts or cash out bets – so be careful here.

What else does DraftKings offer to Coloradans? Introducing Dynasty Rewards

The DraftKings Colorado sportsbook site offers Centennial State bettors access to a ton of popular sports betting markets, from golf, soccer and tennis to hockey, baseball and cricket. There are also lots of one-off rewards for CO residents to claim.

If you’ve read any other online sportsbook reviews, you might already be aware that DraftKings tends to treat its longer-term bettors a little better than its competitors do – offering a superb VIP program.

If you bet with DraftKings very frequently, you might be in with a chance of receiving a special invite from a VIP New Business Executive granting you access to the Dynasty Rewards scheme. Dynasty Rewards members get to enjoy:

  • Exclusive rewards and promotions
  • Access to private events and one-off tickets
  • A personal VIP manager
  • Referral offers
  • Special promotions with US-wide sportsbook and casino partners of DraftKings

At the time of writing, new VIPs in CO are also being targeted with a 20% deposit bonus offer worth up to $1,000, meaning the DraftKings sign-up offer for Colorado is far from the only online promotion this operator has available in the state right now.

In fact, VIP customers can also access other promotions, though these are largely super-exclusive – meaning their T&Cs are pretty much kept under wraps until you’ve been granted member access to the Dynasty Rewards scheme.

Conclusion – Tread carefully with this DraftKings Colorado promo code offer

Sportsbook bonuses always come with a ton of complex T&Cs, and this DraftKings offer aimed at Coloradans is no different.

That said, so long as you follow the step-by-step process for claiming this offer that we’ve outlined above and remember to enter the DraftKings Colorado bonus code appropriate for your region, you’ll receive your bonus bets. From here, it’s just a case of playing them through within the stated time limit. Remember that DraftKings is super-strict about the seven-day limit and failing to wager within this timeframe could invalidate your bonus.

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DraftKings Colorado promo code FAQ

🤔 Can I get a promotion with DraftKings CO?

Much like most other online betting sites, DraftKings often advertises sign-up bonuses – though the terms of these special promotions may vary from state to state. Discover everything you need to know about this operator’s promos with our latest reviews today.

Does DraftKings have a bonus bet offer in CO?

If you’re looking to claim bonus bet offers in Colorado, you might want to check out the latest offering from DraftKings. This operator frequently launches bonus bet promotions in the Centennial State, but is there an offer of this kind available right now? Find out today.

⚖️ Is DraftKings legal in CO?

DraftKings is one of a handful of online sports betting sites that’s available in several US states, but is Colorado one of them? Our latest reviews reveal everything you need to know about DraftKings, including where you can and can’t play with this provider.

💸 Do I need a promo code for the latest DraftKings offer?

If you’ve claimed welcome promotions with other online sportsbooks before, you might already be aware that some require bettors from different regions to enter state-specific promo codes to claim bonuses. But does DraftKings follow this train of thought? Find out now with our latest deep-dive DraftKings review.

🎰 Does DraftKings offer online slots games in CO?

DraftKings Sportsbook is immensely popular with Coloradans, but does this operator also offer online casino slots games to CO residents? Discover all you need to know about the DraftKings service offering in your state with our latest online sportsbook comparisons.

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