DraftKings promo code: Get $150 in bonus bets instantly for the Nathan’s Hot Dog Eating Contest, July 4th

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The Nathan’s Hot Dog Eating Contest has become synonymous with the Fourth of July, and it’s the perfect opportunity to take advantage of the latest DraftKings promo code. The 2025 Nathan’s Hot Dog Eating Contest is highlighted by the return of Joey Chestnut, who won this competitive eating event in 16 of 17 years from 2007-2023 before being banned from last year’s event due to a sponsorship deal with a competitor of Nathan’s. The 2025 Nathan’s Hot Dog Eating Contest takes place from Coney Island on the Fourth of July. The women’s event is scheduled for 11 a.m. on Friday, with the men’s competition expected to begin around 12:30 p.m. The latest DraftKings promo code offers new users $150 in bonus bets instantly after making a $5 bet. 

If you want to learn more about the DraftKings promo code, other sportsbook promos, or 2025 Nathan’s Hot Dog Eating Contest prop betting options on betting sites like DraftKings, we’ve got you covered.

How to claim the DraftKings promo code

There’s no code required for this offer, but you have to be of legal age in a state where DraftKings legitimately operates. You must also be a new user at the sportsbook to get the offer, meaning you could not have previously signed up for a DraftKings account. Here’s how to sign up.

  1. Click “Claim Bonus” on this page.
  2. Create a DraftKings Sportsbook account by entering all required information, including name, email and the last four digits of your Social Security number.
  3. Agree to DraftKings’ terms and conditions.
  4. Make an initial deposit of at least $5
  5. Place a first bet of at least $5 with odds of -500 or shorter.

DraftKings will issue $150 in bonus bets in the form of six $25 bonus bet slips within 72 hours of your initial wager settling, regardless of the outcome. Bonus bets cannot be cashed out or withdrawn, and they expire in seven days. If you win a wager using bonus bets, you will receive the winnings but not the stake.

DraftKings promo code comparison

Here’s a look at how the latest DraftKings promo compares to other sportsbook promos.

Brand Promo  CBS promo codeDraftKingsBet $5, get $150 in bonus betsNone required BetMGMUp to $1,500 in bonus bets if your first bet losesCBSSPORTS CaesarsBet $1, double your winnings on your next 10 betsCBSDYW FanaticsBet and get up to $1,000 in No Sweat BetsNone requiredFanDuelBet $5, get $150 in bonus bets if your bet winsNone required bet365Bet $5, get $150 in bonus bets win or loseCBSBET365

The FanDuel promo code and bet365 bonus code are similar to the DraftKings promo code, where users receive bonus bets after making a wager. FanDuel is giving out $150 in bonus bets, but also requires a user’s first wager to win. While bet365 is also offering $150 in bonus bets, users get those funds regardless of the outcome of their initial wager.

The BetMGM bonus code and Fanatics Sportsbook promo code offer more in bonus bets, but require a larger investment up front from users. BetMGM is offering up to $1,500 in bonus bets, but users have to wager at least $1,500 to be eligible for the full amount. Fanatics is giving users up to $1,000 in bonus bets but over 10 days. Users must wager $100 per day for 10 days in a row to be eligible for the full amount. With these offers, users receive bonus bets only if their initial bets lose. 

The Caesars Sportsbook promo code features profit boosts instead of bonus bets. Users who wager $1 with the sportsbook will get 10 100% profit boosts.

2025 Nathan’s Hot Dog Eating Contest betting preview 

Chestnut has won 16 of 17 Nathan’s Hot Dog Eating Contests from 2007-2023 as the undisputed most dominant man in competitive eating. However, the 41-year-old is competing to regain the coveted Mustard Belt after being suspended from last year’s event due to signing a sponsorship deal with a competitor of Nathan’s. That has been resolved though, and along with being the overwhelming favorite, Chestnut’s over/under for total hot dogs eaten is 71.5, with 71.5 hot dogs or more at -105 odds and less than 71.5 hot dogs at -125 odds on DraftKings Sportsbook.

Chestnut went below this number in each of his last two victories after setting the world record with 76 hot dogs eaten in 2021. However, with the additional attention his suspension and return to the Nathan’s Hot Dog Eating Contest have brought, he could be more focused on breaking his own record. DraftKings also offers that prop with +215 odds for the men’s hot dog record being broken, while “No” is listed at -275 odds.

The women’s competition includes a near-unbeatable eater as well with Miki Sudo trying to win her 11th straight Nathan’s Hot Dog Eating Contest she’s competed in (Sudo missed 2021 due to pregnancy). DraftKings also offers a prop to combine Sudo and Chestnut’s total, which is set at 116.5 hot dogs eaten. The odds of reaching 116.5 hot dogs are set at +105, while falling short has -135 odds. The dominant duo finished Under this number in 2022 and 2023, the last two years they both competed together. 

Responsible Gaming at DraftKings

DraftKings provides a “Responsible Gaming Center” tab for users on their profile pages. This landing page includes help for problem gambling as well as “Safer Play Tools,” a list of options that allow users to limit their use of the app with deposit limits (daily, weekly or monthly), wagering limits, max wager limits and time limits. The platform also has a support team available 24/7 via live chat, and provides contact information for state and national helplines for those who need additional help. If you think you may have a gambling problem, you can call or text 1-800-GAMBLER.

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