DraftKings Promo Code: $300 Bonus for Lakers vs. Cavaliers

Fahad Umar
January 28, 2026
10:36 am

Put a $5 bet on Lakers vs. Cavaliers tonight at 7:00 PM ET on ESPN with the DraftKings promo code offer that pays out $300 in bonus bets if your bet wins on Wednesday, January 28, 2026. Sign up and use the DraftKings promo code during registration, then place your $5 bet to qualify. This promo is available to new users in most states for NBA betting.

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DraftKings Promo Code Overview

This DraftKings promo code is certainly appealing to bettors who want a small upfront bet to unlock a much larger upside. Keep in mind, you only get the bonus bets if your pick wins. Remember, your qualifying bet must meet the minimum odds requirement of -500, so heavy favorites may not count.

The DraftKings promo code is an excellent option for betting Lakers vs. Cavaliers on ESPN because it pairs a valuable bonus offer with one of the best sports betting sites on the market. New users can unlock up to $300 in bonus value, giving you extra room to bet spreads, totals, or player props without risking as much of your own money. With strong odds and extensive NBA markets, DraftKings makes it easy to build wagers around stars like LeBron James and Donovan Mitchell, helping you get more value out of one of the marquee games on the ESPN schedule.

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DraftKings Promo Code: Bet on Lakers vs. Cavaliers NBA Today

Check out this section to see how the DraftKings promo code works. Let’s say you place a $50 moneyline bet on the Los Angeles Lakers at -250 odds in their game against the Cleveland Cavaliers tonight at 7:00 PM ET on ESPN. This pick meets DraftKings’ minimum odds requirement of -500 or longer. Register with the DraftKings promo code, place that $50 bet, and then simply wait for the final score to determine whether the bonus triggers.

If the $50 bet wins, DraftKings Sportsbook credits your $300 in bonus bets. The cash bet settles normally, so the payout is $20, and the $300 bonus bets sit separately in your account to use on future bets (bonus bets do not return the stake; check full terms). If the $50 bet loses, you lose the $50 stake, and you do not receive the $300 in bonus bets, because this offer only pays out when the qualifying bet wins.

Once you have your bonus bets, plan your next plays quickly because they expire in 7 days. Keep an eye on market types and any changes to wagering rules in the operator’s terms.

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How to Sign Up With the DraftKings promo code

Click this DraftKings promo code link to register with the platform today.
Enter all the necessary information to create your new DraftKings Sportsbook account.
Deposit $5 or more into your new DraftKings Sportsbook account with any accepted payment method.
Make your first bet of $5 or more on Lakers vs. Cavaliers and ensure the odds are -500 or longer.
If your $5+ bet wins, you get $300 in bonus bets in your account. Use them before they expire in 7 days.

DraftKings promo code Terms & Conditions

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 2/22/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: http://sportsbook.draftkings.com/promos . Ends 2/15/26 at 11:59 PM ET. Sponsored by DK.