NHL Sportsbook Promo Codes — Which Offers Require a Code in 2026
Some NHL sportsbook promo codes are required at sign-up — others activate automatically. Knowing which is which before you deposit can be the difference between collecting a bonus and forfeiting it entirely.
No. Some operators attach a code to their offer; others just need you to opt in through the app. The activation method varies by book and sometimes by state. I've seen bettors miss out on hundreds of dollars simply because they skipped a step that took five seconds.
Here's how the major books handle it, based on their published terms:
| Sportsbook | Offer | Code Required? | Key Activation Step | Bonus Bet Expiry |
|---|---|---|---|---|
| DraftKings | Bet $5, Get $200 in Bonus Bets If Your Bet Wins | Sometimes (varies by state) | Select Token before placing qualifying bet | 7 days (168 hours) |
| FanDuel | $5 first deposit; up to $200/day refund as bonus bets | Typically no code needed | $5 minimum wager for 5 consecutive days | 7 days after receipt |
| bet365 | Bet $5, Get $150 in Bonus Bets Win or Lose | Sometimes (varies by state) | Place qualifying bet at min odds -500 | Per operator terms |
| BetMGM | First Bet Offer up to $1,500 | Sometimes | First real-money bet triggers refund if it loses | Per operator terms |
| Fanatics | Up to $2,000 in FanCash | No code noted | $1+ cash wager for 10 consecutive days (min odds -500) | Per operator terms |
You lose the bonus. DraftKings requires you to select the Token before placing your qualifying bet — not after. The Token and any resulting bonus bets are single-use and non-withdrawable. Miss the sequence and the offer is gone. No exceptions in my experience.
Mostly yes. Across every major licensed book, bonus bets are non-withdrawable — only the winnings they generate can be cashed out. The stake itself is stripped from your payout. For a full breakdown of playthrough, expiry windows, and state exclusions, see the NHL bonus bet terms decoded guide.
BetMGM's first-bet offer is not available in MS, NY, NV, ON, or PR. bet365's $150 offer runs only in AZ, CO, IA, IL, IN, KS, KY, LA, MD, NC, NJ, OH, PA, TN, and VA. Fanatics excludes NY. Always read the fine print for your state before depositing. Must be 21+ (18+ in DC, KY, NH, and WY). Gambling problem? Call 1-800-GAMBLER.
Look at three things: total potential value, how many days you have to activate, and whether the qualifying bet must settle within a set window. Futures bets, for example, may not settle within 30 days — disqualifying them at some books. The NHL sportsbook welcome bonuses guide walks through how to claim, use, and protect each type of offer.
FanDuel and DraftKings are the two biggest names, but their activation mechanics differ more than most bettors realize. I break that down side by side in the FanDuel vs DraftKings NHL betting comparison. Once you've claimed a bonus, your next question is usually how fast you can move money — the NHL betting banking guide covers the fastest deposit and withdrawal options at each major book.
Bottom line: the code itself is rarely the obstacle. The activation sequence is. Slow down, read the opt-in steps before you deposit, and confirm your state is eligible. That's the whole game.