The 151st Preakness Stakes is set for Saturday, May 17 , and DraftKings is rolling out a no-promocode welcome offer for new custoers. By making a minimum $5 deposit and placing a qualifying bet of at least $5 on certain markets, new users can receive $100 in bonus bets. The bonus bets will be credited within 72 hours of the qualifying bet settling, according to the report.

No Promo Code, No Hassle

DraftKings is simplifying the process for new customers to get in on the action. Unlike many other promotions, this offer requires no promo code at all—it applies automatically when users meet the qualifying requirements. This move is part of DraftKings' strategy to attract new users ahead of one of the most unpredictable editions of the Preakness Stakes in years,as reported.

The $100 Bonus Bets Breakdown

The $100 in bonus bets is a significant incentive for new users. These bonus bets can be used on the DraftKings platform, providing new customers with additional opportunities to bet on the Preakness Stakes and other events. The offer is designed to encourage new users to explore the platform and engage with its various betting markets.

Timing and Eligibility

The offer is timed perfectly to coincide with the 151st Preakness Stakes, which is set for Saturday, May 17. New DraftKings customers who make a minimum $5 deposit and place a qualifying bet of at least $5 on certain markets will be eligible for the $100 in bonus bets. The bonus bets will be credited to the user's account within 72 hours of the qualifying bet settling, according to the report.

What's Still Unclear

While the offer is compelling, there are still some unanswered questions. The report does not specify which markets qualify for the offer, leaving new users to navigate the platform to find eligible bets. Additionally, the terms and conditions of the bonus bets, such as any wagering requirements or restrictions on withdrawal, are not detailed in the report.