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Image for Grant Mitchell Grant Mitchell - Published October 20, 2023

DraftKings Promo for UFC 294 Makhachev vs Volkanovski 2: Win $1,250 in Bonus Bets

Islam Makhachev and Alexander Volkanovski will clash in a rematch for the lightweight championship at UFC 294, while former welterweight champion Kamaru Usman will face Khamzat Chimaev in the co-main event.

DraftKings Sportsbook is offering up to $1,250 in bonus bets to all new customers who sign up with a DraftKings promo code before the card begins. For even more promos, have a look at the best promos and bonus codes

DraftKings UFC Promo Makhachev vs Volkanovski

DraftKings Promo Code for UFC 294 and Makhachev vs Volkanovski 2

Volkanovski was narrowly defeated by Makhachev via unanimous decision when they met at UFC 284 in February earlier this year. It was the eighth time that champions in different divisions fought one another, and it was the first time the UFC’s number-one pound-for-pound fighter faced the number two.

As the anticipation continues to build ahead of their historic rematch, DraftKings is letting all customers who did not previously have accounts sign up with a DraftKings promo code with the promise they can unlock up to $1,250 in prizes.

It’s very easy to redeem DraftKings’ new-user offer. Just follow these steps.

  1. Click our DraftKings promo code to visit the DraftKings sportsbook
  2. Create an account and enter your personal details when prompted
  3. Deposit at least $5
  4. Bet at least $5 on UFC 294
  5. Win $200 in bonus bets regardless of the outcome of the bet, plus another potential $1,000

The new-user bonus comes in three distinct parts. The first is a $50 bonus bet that is accredited to users as soon as they have made their first deposit. The second is a 20% deposit match up to $1,000 on a user’s first deposit. The third is a bet $5 to win $200 guarantee no matter if the first bet hits or misses.

All winnings come in the form of bonus bets, which are essentially credits that can be redeemed exclusively on DraftKings. Bonus bets cannot be withdrawn for cash or transferred, but they can be used to win cash prizes with winning wagers.

All bonus bets will be awarded as soon as they are processed. The bet $5 to win $200 offer will see users rewarded with eight $25 bonus bets. All bonus bets must be used within seven days, or else they will expire.

Bonus bets cannot be used as a qualifying wager for other promotional opportunities.

UFC 294: Makhachev vs Volkanovski 2 Odds

Volkanovski accepted the fight with just 12 days' notice. Will that be enough time for him to drop about 25 pounds as the UFC returns to the UAE for the first time since last October?

Here’s a look at DraftKings’ betting odds for the bout.  

TeamPoints SpreadTotal RoundsMoneyline
Islam Makhachev-5.5 (-145)Over 4.5 (-125)-290
Alexander Volkanovski+5.5 (-110)Under 4.5 (-105)+235

Head over to DraftKings to use this promo and place your bets!

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UFC 294 Betting Tips

Makhachev stole the title from Charles Oliveira via second-round submission last October. He has a professional record of 24-1-0 and has not been in the ring since he was pushed to the brink by his challenger.

Volkanovski (26-2-0) was in the ring at featherweight in July and dominated Yair Rodriguez in what was a reminder of his standing not only in the division, but in the pound-for-pound rankings.

Volkanovski is known to tinker with his style between fights and is taking a huge risk accepting a fight against an opponent he recently lost to on short notice. But he’s also got nothing to lose in that respect.

Also on the card are Usman (20-3-0) and Chimaev (12-0-0). The former won his first 15 fights before being defeated by Leon Edwards consecutively, and he’s now moving up to 185 pounds to face the undefeated Chimaev.

Here’s the full card.

Main Card:

  • Islam Makhachev vs. Alexander Volkanovski
  • Kamaru Usman vs. Khamzat Chimaev
  • Magomed Ankalaev vs. Johnny Walker
  • Ikram Aliskerov vs. Warlley Alves
  • Said Nurmagomedov vs. Muin Gafurov


  • Tim Elliott vs. Muhammad Mokaev
  • Mohammad Yahya vs. Trevor Peek
  • Javid Basharat vs. Victor Henry
  • Abu Azaitar vs. Sedriques Dumas
  • Mike Breeden vs. Anshul Jubli
  • Nathaniel Wood vs. Muhammad Naimov
  • Viktoriia Dudakova vs. Jinh Yu Frey
  • Shara Magomedov vs. Bruno Silva

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Grant Mitchell

274 Articles

Grant is a sports and sports betting journalist who prides himself on delivering breaking news and insightful analyses of the industry. Grant graduated from Virginia Tech in 2021 and is feverishly pursuing his ambitions in the sports betting field.

In his free time, Grant can be found passionately watching sports, doing a workout, or searching for adventure with his friends.

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