Bet $5, Get $150 Bonus for MLB Games (July 31)

New users can unlock a high-value welcome offer by using the latest DraftKings promo code offer and betting $5 to get $150 in bonuses for the upcoming MLB slate.

By signing up and placing a simple $5 wager on any matchup, such as the Boston Red Sox taking on the Los Angeles Dodgers or the Philadelphia Phillies visiting the Baltimore Orioles, new customers will receive a $150 bonus, regardless of whether their initial bet wins or loses. With highly anticipated cross-league action on the schedule, this promotion provides a clear, straightforward path to building a sports betting bankroll on DraftKings Sportsbook.

Before jumping into the action and placing an initial wager on strong contenders like the Los Angeles Dodgers (69-40) or the Philadelphia Phillies (57-52), take a moment to review the specifics of this welcome offer.

Here is exactly what you need to know about claiming your sign-up bonus:

Eligible new DraftKings customers have a prime opportunity to secure a guaranteed reward when betting on the latest MLB action. By signing up and placing a $5 qualifying wager on any matchup, such as the Boston Red Sox (57-51) facing the Los Angeles Dodgers (69-40), you earn a $150 bonus.

Unlike many conditional promotions, this offer converts win or lose. Your initial wager will trigger the reward no matter the outcome of the game, provided the qualifying bet is placed on a market with odds of -500 or longer. The bonus funds will be credited to your account within 14 days, giving you extra flexibility to wager on other exciting series across the diamond, including the St. Louis Cardinals (54-55) taking on the Toronto Blue Jays (50-59).

Friday Night MLB Betting Preview, Odds

Here is a look at the current DraftKings moneyline odds and run totals for the upcoming MLB action:

Several marquee matchups present compelling opportunities to utilize this promotion. The standout game on the schedule is a cross-league showdown between the Philadelphia Phillies and Baltimore Orioles. Philadelphia sends Zack Wheeler to the mound, who brings a highly efficient 2.53 ERA across 103 innings. He receives offensive support from Bryce Harper, maintaining an .848 OPS with 64 RBIs. Baltimore counters with a lineup anchored by Gunnar Henderson (45 RBIs, .685 OPS). With both teams priced closely on the moneyline, the value is tightly contested, making it a highly logical spot to place a wager knowing the bonus pays out regardless of the game’s final score.

Another notable matchup features the Boston Red Sox visiting the Los Angeles Dodgers. The Dodgers are slight home favorites (-125) and are led by the ever-dangerous Shohei Ohtani. Operating out of the designated hitter spot, Ohtani continues to deliver elite production with a .289 average, a .931 OPS, and 65 RBIs. Boston sits as a +104 road underdog in a matchup carrying an 8.5-run total, presenting a clear path for either an outright moneyline swing or a total runs wager.

Claiming this welcome bonus is a straightforward process, and no manual promo code is required to participate. Follow these steps to secure the offer:

1. Sign Up: Navigate to the DraftKings Sportsbook website to create a new account. You will need to register by providing standard personal information, such as your name, date of birth, and email address, to verify your identity securely.
2. Make a Deposit: Once registration is complete, fund the account by depositing a minimum of $5 using any of DraftKings’ approved banking methods. This initial deposit automatically activates the promotion on your profile.
3. Place Your Wager: Browse the MLB slate and place a real-money wager of at least $5. Whether you are backing the Baltimore Orioles or the St. Louis Cardinals, ensure your qualifying bet is placed on a market with odds of -500 or longer.

Once the initial $5 wager is placed, DraftKings will credit the account with a $150 bonus within 14 days, successfully converting your entry into a bolstered bankroll for the remainder of the baseball season.