New DraftKings Users Can Turn $5 Into $130 In Free Bets For UFC 261 Main Event

Written By Joe Boozell on April 22, 2021

UFC 261 takes place on Saturday, and new DraftKings users can turn $5 into $130 in free bets if their main event fighter wins.

Jorge Masvidal takes on Kamaru Usman in the main event in Jacksonville, FL. As of now, Usman is a -435 favorite to win at DraftKings, while Masvidal is a +320 underdog.

So, while turning $5 into $130 in free bets is an enticing offer, at first glance, it’s even better when you see those UFC odds. Typically, a $5 bet on Usman at -435 would net just $1.15.

The DraftKings offer is available from now until the start of the fight. You can watch UFC 261 action on April 24, starting at 9 p.m. on ESPN+.

Bet $5 Get $200 + Up to $1,050 Bonus

This event is a rematch between Usman and Masvidal. They last squared off on July 12, and Usman dominated. On Saturday, Masvidal will get another crack at him.

In that bout, Usman won by unanimous decision, as well as 14 of the cumulative 15 rounds scored by judges.

To access the offer, new users must deposit at least $5 into their sportsbook account. Though, in case you haven’t heard, Illinoisans can no longer sign up via sports betting apps from the comfort of their home.

You must sign up at DraftKings at Casino Queen

Illinois Gov. JB Pritzker brought back the in-person registration requirement in early April, so the only place to sign up for DraftKings in Illinois is at DraftKings at Casino Queen.

The good news? Thanks to the casino’s geolocation technology, you don’t even need to set foot in the casino to download and sign up for a sports betting app. You can do so from the parking lot if you prefer.

DraftKings at Casino Queen is in East St. Louis. That’s more than a four-hour drive from Chicago, but it’s easily accessible to those in the St. Louis area.

Eventually, DraftKings will have a retail sportsbook at Wrigley Field. But that’s not expected to be ready until 2022, at the earliest.

Sling TV launches exclusive DraftKings betting channel

On Thursday, Sling TV and DraftKings announced that the latter would have an exclusive sports betting channel. The initial offering is for basketball betting, but there will be more channels for other sports in the coming weeks and months.

The channel will have real-time game scores and live betting odds.

Paul Liberman, the president of product and technology and co-founder at DraftKings, said:

“DraftKings continually looks at new ways to reach customers through innovative collaborations with recognizable brands such as Sling TV. We are thrilled to expand this relationship, which will offer Sling TV customers an entirely new viewership experience through this first-of-its-kind streaming service.”

DraftKings is the official betting partner of UFC, so it will be interesting to see if we’ll get a channel exclusively dedicated to MMA.

Photo by John Locher / AP
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Joe Boozell

Joe Boozell has also been a college sports writer for NCAA.com since 2015. His work has also appeared in Bleacher Report, FoxSports.com and NBA.com. Growing up, Boozell squared off against both Anthony Davis and Frank Kaminsky in the Chicagoland basketball scene ... you can imagine how that went.

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