DraftKings Gives You a $100 Boost for the Kentucky Derby Weekend

The first Saturday of May is special because it brings one of the biggest races in horse racing, the 152nd Kentucky Derby. Fans can also watch intense NBA Game 7 matchups and the ongoing NHL and MLB playoffs, so screens will be full. For those who want a bonus, DraftKings offers a $100 welcome credit that can be used across all sports betting. DraftKings’ promo code for the Derby lets new customers receive the $100 bonus automatically when they open an account, deposit the required amount and place a qualifying bet. The code is not typed in; it is applied automatically through the DraftKings Racing or DK Horse apps, which work in many states that allow horse racing wagers.The real draw is the “King of the Track” promotion. If a bettor places a single horse win bet of at least $5 on Race 12 (the Derby) and the chosen horse finishes first, that bettor shares a $1 million prize pool. Only one entry per person is allowed and the payout is issued within a few days after the race. To join, a user must opt‑in to the promotion before placing their first eligible bet. After opting in, they simply pick a horse, place the $5 win wager on Race 12 at Churchill Downs on Saturday, May 2, 2026, and if the horse wins they receive their normal track payout plus a slice of the million‑dollar prize. Because many states only allow horse betting through DraftKings Racing or DK Horse, the promotion is still accessible to a wide audience. The bonus and the King of the Track prize make it worthwhile for bettors who are willing to risk a small amount on the Derby’s winner.