The 2023 NFL Preseason kicks off on Thursday night, August 10, with the Hall of Fame Game between the New York Jets and the Cleveland Browns in Canton, Ohio. The teams will be in action over the next three weeks, with the clash between the New Orleans Saints and the Houston Texans set to complete the summer series on Sunday, August 27.
This is an ideal time for betting enthusiasts to build bankrolls before the regular season begins next month. With this in mind, we have decided to test ourselves by taking advantage of the lucrative DraftKings welcome package.
DraftKings Sportsbook currently has an active “Bet $5 — Get $150” offer for all new customers. We will choose the last two games of the opening week of the 2023 NFL preseason, aiming for a massive boost with minimum investment.
To qualify for the “Bet $5 — Get $150” promo, you only need to create a new DraftKings account, deposit $5, and place a $5 wager on any market you wish. When you place that qualifying bet, the sportsbook will instantly award you $150 in bonus bets.
You will see six bets of $25 each automatically added to your DraftKings account. Our experts’ picks and predictions for six preseason games this weekend are here — perfect for using those bonus bets. Here is the whole process, including our reasoning for each pick.
How to Use Your $150 in Bonus Bets
First, we will make a qualifying bet of $5 on the Saints to beat the Chiefs in a -3 spread at the -110 odds to unlock the promotion. We are potentially looking at a $4.50 profit in case of a winning pick. Regardless of the outcome, though, DraftKings will automatically give us $150 in bonus bets as soon as we place the mentioned qualifying pick.
We now have six bonus bets worth $25 each in our DraftKings account. 16 NFL preseason games are on the schedule this week. We will cover four Saturday and two Sunday games with the same game parlay options, consisting of two picks for each match. We will place our six separate $25 bonus bets on six different games.
We will immediately deduct the stake when calculating potential winnings because of the promo rules. If you bet $25 on even odds (+100), you would typically win $50. However, since the bonus bet stake ($25) is excluded (as per the terms and conditions of the promo), in this case, your winnings would be $25.
Preseason Pick #1 — New York Jets vs. Carolina Panthers — Same Game Parlay at +260
- NY Jets +3.5 at -110
- Over 36.5 Points at -110
- Total Same Game Parlay Odds: +260
| Stake | Odds | Potential Winnings |
|---|---|---|
| $25 | +260 | $65 |
The New York Jets will hit the ground just two days after Thursday’s Pro Football Hall of Fame Game against the Browns. They take on Carolina Panthers on Saturday, aiming to get more game time for Zach Wilson, who is expected to show what lesson he has absorbed from Aaron Rodgers. Rodgers has not been in preseason action since 2018, and this year should not be an exception.
Nevertheless, we don’t see the Jets as underdogs in this matchup. Yes, according to Frank Reich’s words, Bryce Young will get some snaps, but we doubt the talented quarterback will see much action in the first game of the summer.
This is the Jets’ second preseason game, and we expect them to win in a +3.5 spread at the -110 odds. As for the second pick, we like the low line for the totals knowing about the offensive talent present among the second, third, and fourth strings in both rosters.
Preseason Pick #2 — Jaxonville Jaguars vs Dallas Cowboys — Same Game Parlay at +260
- JAX Jaguars -4 at -110
- Over 37.5 Points at -110
- Total Same Game Parlay Odds: +260
| Stake | Odds | Potential Winnings |
|---|---|---|
| $25 | +260 | $65 |
The Jacksonville Jaguars will be looking to make amends for a horrendous 0-4 preseason campaign last year, despite playing most of their starters (including Trevor Lawrence) in two of the outings along the way. They are -4 favorites against the Dallas Cowboys on Saturday afternoon, and we see merit in backing them to cover this line.
Jacksonville head coach Doug Pederson has announced that his starters will get some game time on Saturday, which is good enough for us to go for these two betting options.
The fact that we will likely see Lawrence & Company against a second/third-string lineup of the Cowboys means the first quarter may quickly clear the path for the Over pick to land on this line.
Preseason Pick #3 — Philadelphia Eagles vs Baltimore Ravens — Same Game Parlay at +260
- BAL Ravens -6 at -110
- Under 35.5 Points at -110
- Total Same Game Parlay Odds: +260
| Stake | Odds | Potential Winnings |
|---|---|---|
| $25 | +260 | $65 |
The Philadelphia Eagles start their preseason schedule with a short trip to Baltimore, where they will face the most dominant team in summer tests in the last decade. The Ravens are on a fantastic run of 23 consecutive preseason wins since 2016. They’ve covered the spread in 20 of the 23 affairs along the way.
Knowing how vital this part of the season is for Baltimore, we can hardly bet against them on Saturday. We should mention that neither Jalen Hurts nor Lamar Jackson will see the pitch in their team’s preseason openers.
The third and fourth-string players will fight for their spots among 53 men in the regular season rosters. This is why we opted for the Under as the second pick of the parlay.
Preseason Pick #4 — LA Chargers vs LA Rams — Same Game Parlay at +260
- LA Chargers +3 at -110
- Under 33.5 Points at -110
- Total Same Game Parlay Odds: +260
| Stake | Odds | Potential Winnings |
|---|---|---|
| $25 | +260 | $65 |
The LA Rams begin their summer schedule with a Saturday Night game against the Chargers. Head coach Sean McVay has already confirmed that he will not count on his main stars, including Matthew Stafford, Cooper Kupp, and defensive lineman Aaron Donald.
We expect to see the same approach from the Chargers. In these circumstances, the value is with the underdog as we like the visitors to win in +3 points at the -110 odds. The line for the totals is super-low at 33.5 points, but we will still opt-in for the Under, knowing that neither team will use their starters on Saturday.
Preseason Pick #5 — Kansas City Chiefs vs. New Orleans Saints — Same Game Parlay at +260
- NO Saints -3 at -110
- Over 37.5 Points at -110
- Total Same Game Parlay Odds: +260
| Stake | Odds | Potential Winnings |
|---|---|---|
| $25 | +260 | $65 |
The New Orleans Saints will be looking to claim a big win in their preseason opener on Sunday afternoon when they take on the reigning Super Bowl champions, the Kansas City Chiefs. We like the hosts to cover here for many reasons, even though Andy Reid is 5-1 in his last six preseason affairs with the Chiefs.
First, we expect to see new quarterback Derek Carr in action right from the get-go on Sunday for the Saints. New Orleans had a subpar campaign last year in an underwhelming NFC South (a 7-10 record in the division won by the Buccaneers at 8-9), and they will hope to blend well with the new offensive orchestrator.
Mahomes may get a snap on Sunday, but we still favor the highly-motivated Saints here. Also, since we expect to see Carr in action for more than a single series, the Over pick has value on this line.
Preseason Pick #6 — San Francisco 49ers vs Las Vegas Raiders — Same Game Parlay at +260
- SF 49ers -4 at -110
- Under 36 Points at -110
- Total Same Game Parlay Odds: +260
| Stake | Odds | Potential Winnings |
|---|---|---|
| $25 | +260 | $65 |
Third and fourth-string players will mainly occupy the Allegiant Stadium on Sunday when the Las Vegas Raiders host the San Francisco 49ers in the last game of Week 1 in the NFL preseason. Jimmy Garoppolo will likely sit out the entire preseason for the Raiders after missing minicamp and all the OTAs due to a left-foot injury.
Brock Purdy will not be in action for the 49ers, but we trust their alternative options, including Sam Darnold, Trey Lance, and Brandon Allen, much more than the Raiders’. The Under 36 points pick has to be the way to go under these circumstances.
NFL Preseason Parlay Payouts Using DraftKings’ Bet $5, Get $150 Offer
Use our expert picks from this guide and stand to win as much as $390 if all six bets land!
| Number Of Winning Bets | Potential Winnings |
|---|---|
| 1 | $65 |
| 2 | $130 |
| 3 | $195 |
| 4 | $260 |
| 5 | $325 |
| 6 | $390 |
If we land only one of the six parlays from above, we will see a profit of $65. Two wins would get us to $130, three wins to $195, etc. Let us enjoy the first NFL action of the summer and a chance to boost our bankrolls by investing no more than $5. Who is with us? Sign up with DraftKings Sportsbook US via this link and start building your perfect parlay!
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