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MLB Grand Slam Payout: How the DraftKings Grand Slam Promo Works

MLB Grand Slam Payout: How the DraftKings Grand Slam Promo Works

Updated:

By: Steve Buchanan

The DraftKings Grand Slam payout is one of the most unique betting promotions on DraftKings Sportsbook, giving players a chance to turn a simple home run pick into a share of a massive daily jackpot. With the DraftKings Grand Slam promo, bettors who place a qualifying home run bet using their Qualifying Bet Token and whose selected player hits a grand slam can split a $250,000 Bonus Bet prize pool. If no qualifying grand slams are hit during a promotional day, the Bonus Bet prize pool rolls over to the next eligible promotion and continues to grow.

If you’re wondering how the DraftKings Grand Slam promo works, what bets qualify and how to enter, this FAQ breaks down everything you need to know.

DraftKings Grand Slam Payout FAQ

What is the DraftKings Grand Slam payout?

The DraftKings Grand Slam payout is a daily DraftKings Sportsbook promotion featuring a $250,000 Bonus Bet prize pool. If you place a qualifying MLB home run wager using your Qualifying Bet Token and your selected player hits a grand slam, you’ll receive an equal share of the Bonus Bet prize pool with every other eligible winner.


How does the DraftKings Grand Slam payout work?

The DraftKings Grand Slam promo works as follows:

  • Opt in to the promotion to receive one Qualifying Bet Token.
  • Use the token on an eligible pregame MLB home run wager.
  • If your selected player hits a qualifying grand slam, you’re eligible for the payout.
  • If more than one qualifying player hits a grand slam, the $250,000 Bonus Bet prize pool is split equally among every eligible customer who selected one of those players.

How do I enter the DraftKings Grand Slam promo?

To participate in the DraftKings Grand Slam promo:

  • Opt in to the promotion.
  • Receive one Qualifying Bet Token.
  • Place a pregame MLB home run wager using the token.
  • Eligible wagers include Singles, Parlays and Same Game Parlays.
  • Minimum wager: $5.
  • Maximum of three legs.

You must opt in and claim a new Qualifying Bet Token each day the promotion is offered.


What bets qualify for the DraftKings Grand Slam promo?

Eligible wagers include:

  • Pregame MLB Home Run props (Batter Props → Home Runs).
  • Single bets.
  • Parlays.
  • Same Game Parlays.
  • Maximum of three total legs.

Requirements:

  • Minimum wager: $5.
  • The Qualifying Bet Token must be applied before placing the wager.
  • The wager must be be placed before the game begins.

What bets are not eligible for the DraftKings Grand Slam promo?

The following wagers do not qualify for the promotion:

  • Live bets.
  • SGPx wagers.
  • Odds Boost wagers.
  • Cashed Out bets.
  • Voided bets.
  • Wagers containing legs from non-eligible games.

What happens if my player hits a grand slam?

If your selected player records a qualifying grand slam:

  • You’ll receive an equal share of the DraftKings Grand Slam payout, which is awarded as Bonus Bets.
  • The prize is paid as Bonus Bets.
  • Your individual payout depends on the total number of qualifying winners.

What if multiple players hit grand slams?

If more than one qualifying player hits a grand slam, every eligible customer who selected one of those players shares the same DraftKings Grand Slam payout.

As more bettors qualify, each individual payout becomes smaller since the prize pool is divided equally among all eligible winners.


What happens if no grand slams are hit?

If no qualifying grand slams are hit during a promotional day, the entire DraftKings Grand Slam payout rolls over to the next eligible promotion, increasing the Bonus Bet prize pool.

For example, if no qualifying grand slams are hit on Monday or Tuesday, Wednesday’s promotion would feature a $750,000 Bonus Bet prize pool.


When does the DraftKings Grand Slam Qualifying Bet Token expire?

  • The token is single-use.
  • It expires at the start of the final MLB game on each promotional day.
  • The token must be applied before placing your wager.

When are DraftKings Grand Slam payouts awarded?

  • Winning Bonus Bets are typically credited within 72 hours.
  • Bonus Bets are non-withdrawable and expire seven days after being awarded.
  • Bonus Bets may be issued as one or more Bonus Bets whose total value equals your payout.

Who is eligible for the DraftKings Grand Slam promo?

To participate, you must:

  • Be 21+ (18+ where applicable).
  • Be physically located in an eligible jurisdiction: AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NY, OH, OR, PA, TN, VA, VT, WA, WV or WY.
  • Have a registered DraftKings Sportsbook account.

Key Takeaways: DraftKings Grand Slam Promo

  • The DraftKings Grand Slam payout starts at a $250,000 Bonus Bet prize pool.
  • Requires a Qualifying Bet Token.
  • Applies to eligible pregame MLB home run wagers only.
  • Only qualifying grand slams trigger the payout.
  • If no qualifying grand slams are hit, the DraftKings Grand Slam payout rolls over to the next eligible promotion.
  • The Bonus Bet prize pool is split equally among all eligible winners.

Steve has been with DraftKings for over 10 years, covering baseball and football from a sports betting and fantasy perspective. He’s written hundreds of articles that have helped readers research and make informative bets or fantasy lineups. During this time, Steve has also been featured on a number of national broadcasts, including MLB Network, ESPN, and NFL Network.
Disclaimer

All views expressed are my own. I am an employee of DraftKings and am ineligible to play in public DFS or DKSB contests.