DraftKings Sportsbook has become a big name in the online sports betting scene, known for its easy-to-use website, good odds, and lots of betting choices. People who love sports are drawn to it. DraftKings Sportsbook is a legal betting website that operates in 24 states of the United States and Canada. It’s famous for being easy to use, having many different types of bets, and offering good bonuses. While many people know about DraftKings, there are still some things that might surprise you. That’s why we’ve put together this review to give you all the details.
This review covers everything you need to know about DraftKings Sportsbook. We’ll talk about its legality when it started, the bonuses you can get when you sign up, and what the mobile app is like. So, if you’re thinking about using DraftKings, this review will help you make up your mind.
DraftKings Sportsbook Pros and Cons
PROS
- Withdrawals are processed within just 12 hours.
- Includes popular sports events.
- Easy-to-use interface.
- Offers top-notch live betting.
- Ensures safe banking transactions.
- Provides access to over 20 different betting options.
CONS
- PC version lacks a search feature.
- Cash-out offers can be unpredictable.
- Existing users face limitations with promotions.
- Odds boosts have low maximum bet limits.
- Live streaming availability is limited to certain locations.
Quick Facts
| Year of Launch | 2011 |
| DraftKings Legal States | 24 |
| Welcome Bonus | Bet $5, get $150 |
| Minimum First Deposit | $5 |
| Sportsbook | Yes |
| Casino | Yes (CT, MI, NJ, PA, WV) |
| Odds Provider | SBTech |
| Payout Speed | 1-7 days |
| Available States | AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NC, NH, NJ, NY, OH, OR, PA, TN, VT, VA, WV, WY |
| Cryptocurrency | No |
Popular Sports and Leagues on DraftKings
NFL Betting
DraftKings offers various NFL betting options, including player and team props, live betting, moneylines, spreads, and over/under. Watch out for promo codes in September and Super Bowl promos in February.
NBA Betting
Enjoy various NBA betting options such as moneyline, spread, total plays for every game, quarterly or halftime bets, and daily player props. DraftKings is an exclusive partner of the NBA.
College Football
Find extensive college football betting markets with moneyline, spread, and total plays for most Division I games, along with quarter-by-quarter or halftime bets and team/player props where permitted.
College Basketball
DraftKings offers robust college basketball betting markets, including futures bets year-round and coverage of marquee games and smaller markets during the regular season, especially during March Madness.
NHL Betting
Enjoy a variety of NHL betting markets throughout the season and playoffs, including moneyline, puckline, and total plays, as well as team and player props and period-specific bets. Look out for regional promos and odds boosts.
MLB Betting
DraftKings provides pre-game and in-game MLB betting options, including moneyline, runline, and total bets, as well as player and team props. Utilize the “Flash Bet” feature for live streaming and betting during games.
Other Sports Leagues
Explore a vast array of sports beyond the major leagues, including Aussie Rules, Bandy, Basketball (NBA, NCAAB, Int’l), Boxing, Cricket, Curling, Cycling, Darts, eSports, Football (NFL, NCAAF, CFL, XFL, USFL), Golf, Greyhounds, Handball, Hockey (NHL, Int’l), Lacrosse, MMA (UFC), Motor Sports (NASCAR, F1), Netball, Olympics, Rugby League, Rugby Union, Soccer (Multiple Int’l Leagues, Int’l Competition, World Cup), Table Tennis, Tennis, Track & Field, Trotting, Snooker, Squash, Surfing, Winter Sports, and Volleyball.
DraftKings Sportsbook Promotions Overview
DraftKings Sportsbook offers a variety of promotions to enhance your betting experience. Here’s a detailed look at the current promos available:
Welcome Bonus
New customers can enjoy a deposit bonus of up to $1,000 in DK Dollars when they deposit $5 or more with the promo code: WIN.
Daily Fantasy Sports Bonus
For new customers interested in Daily Fantasy Sports, there’s a 20% deposit match up to $500 in DK Dollars. To avail of this offer, use the promo code: SAVE and make a deposit of $5 or more, fulfilling a 25x play-through requirement.
Casino Deposit Bonus
New players at DraftKings Casino can choose their deposit bonus with the promo code: DOUBLEDOWN. This offer allows players to opt-in to the new customer promo that suits them best.
Pick6 Promotion
For those trying out Pick6, DraftKings offers a 100% deposit match up to $100 in Pick6 Credits for a minimum deposit of $5 with the promo code: PICKNOW.
Odds Boosts
DraftKings provides enhanced odds on selected events, allowing for potentially higher returns on specific bets.
No Sweat Bet Tokens
These tokens can be used to place a bet without the risk of losing your stake, as you’ll receive a refund in the form of site credit if the bet doesn’t win.
Profit Boosts
Increase your winnings with profit boosts, which add a percentage to your winning bets’ profits.
SGP Boosts
Same Game Parlay (SGP) Boosts enhance the payout for parlay bets placed on the same game.
Free Prize Pools
Participate in free-to-enter prize pools with the chance to win cash prizes based on the outcome of sports events.
DraftKings Loyalty Program
Joining DraftKings’ Crown Rewards program is open to both seasoned bettors and newcomers alike. This loyalty initiative operates on a tiered structure, where the rewards escalate as you collect more ‘crowns’—’DraftKings‘ equivalent of points. You earn one crown for every $2 you wager on a sports bet.
Advancing through the tiers proved to be more challenging than I expected, indicating that the Crown Rewards Program might be more suitable for bettors with larger budgets.
Ongoing Promotions and Bonuses
DraftKings frequently offers boosted odds for selected markets, spanning various sports and leagues such as the NBA and NCAA March Madness. To qualify, you need to opt-in from the promotions page and place the highlighted bets. Successful boosts can potentially add up to $250 to your total winnings.
Happy Hour Boost
Exclusive ‘Happy Hour Boosts’ are up for grabs for a wide array of sporting events. Keep an eye on DK’s promos after 5 p.m. ET to seize various exclusive bonuses for a more rewarding betting experience.
Though this promotion delivers good value, I noticed that the maximum bet on odds boosts is quite restricted. Having your bets capped ultimately limits the potential upside of the offer.
DK Squares
For NFL enthusiasts seeking a unique betting experience, DraftKings offers a twist on the popular Super Bowl squares concept. Simply predict the score and select the corresponding square.
This feature is available for many major sports league games and I found it to be one of the most engaging betting options on DraftKings.
DraftKings Referral Bonus
Encourage your friends who haven’t yet signed up on DraftKings to register and earn a DraftKings referral bonus. Both you and your friend stand to benefit when they deposit a minimum of $25. You’ll receive $25, with the maximum potential reward reaching $100.
Remember to always read the terms and conditions for each promotion to understand the requirements and eligibility. Enjoy your betting experience at DraftKings Sportsbook!
DraftKings Sportsbook Sign-up Process
- Sign up for a new account on DraftKings Sportsbook.
- After signing up, deposit some money (at least $5) to be eligible for the sign-up bonus.
- Look for the bet you want to place and click on the odds to add it to your bet slip.
- On your bet slip, enter the amount you want to bet (at least $5 to get the sign-up bonus).
- Click on ‘Place Bet‘ to confirm your wager and see how it goes.
DraftKings Sportsbook Legal States: Where It Operates
DraftKings operates its sportsbook under the supervision and regulation of multiple state authorities across the United States. With licensing secured in two dozen states, access to DraftKings is restricted solely to individuals physically located within these jurisdictions. The DraftKings website employs cutting-edge 256-bit encryption and geolocation software to ensure top-tier online security and regulatory compliance.
Users can access the DraftKings sportsbook in a range of states including Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.
DraftKings Sportsbook Banking Alternatives
DraftKings offers a wide variety of payment options, making it convenient for users. Deposits are processed instantly without any additional charges. Most deposit methods can also be used for withdrawals.
Why I prefer DraftKings:
- Diverse payment options are available
- Instant deposit processing
- No transaction fees
| Deposit Method | Minimum Deposit (USD) | Withdrawal Method | Processing Time | Minimum Withdrawal |
| Visa | $5 | Play+Prepaid Card | 1-3 business days | $20 |
| MasterCard | $5 | Online Banking | 1-3 business days | $20 |
| Skrill | $5 | Wire Transfer | 1-3 business days | $20 |
| Venmo | $5 | PayPal | 1-3 business days | $20 |
| PayPal | $5 | eCheck | 1-3 business days | $20 |
| Play+Prepaid Card | $5 | Check | 3-7 business days | $20 |
| eCheck | $5 | Cash | 1-3 business days | $20 |
| Cash | $5 | Venmo | 1-3 business days | $20 |
| Wire Transfer | $100 | N/A | N/A | N/A |
Moreover, there are no maximum limits for deposits or withdrawals. While there are no fees charged by DraftKings, it’s essential to be aware that certain payment methods, like Skrill and Play+, might have their fees. Checking the terms and conditions beforehand can help avoid any unexpected charges.
DraftKings Pioneer Offerings
Live Betting
Engage in the excitement of live betting with ‘DraftKings‘ ‘Live In-Game‘ feature. Instantly access ongoing game markets and updated odds, alongside a wide array of prop bets for major live sporting events.
Live Streaming
DraftKings is pioneering live streaming for sporting events, enhancing your betting journey. Though still in its early stages and available in select areas, this feature promises to enrich your overall betting experience.
Efficient Bet Grading
Enjoy lightning-fast bet grading at DraftKings, ensuring you know your winnings promptly. This industry-leading pace sets DraftKings apart, empowering experienced bettors to make informed decisions swiftly.
The Casino Experience
For casino enthusiasts, DraftKings Casino offers an impressive selection of games from top developers. Accessible from your sports betting account, enjoy hundreds of popular slots, live dealer games, and exclusive titles without hassle.
Daily Fantasy Sports
As a leader in DFS contests, DraftKings offers a diverse range of contests covering standard sports and esports. With entry fees catering to all budgets, there’s always an exciting contest awaiting every type of bettor.
Same-Game Parlays
Dive into the world of same-game parlays on DraftKings, available across various sports including football and baseball. Easily build and add parlays to your bet slips for an enhanced betting experience.
Early Cash Out
Seize control of your bets with DraftKings’ early cash-out feature, available in many markets. Guarantee winnings or limit losses by settling bets before matches conclude, putting you in the driver’s seat.
Player-Centric Betting
Explore player-centric betting with DraftKings ‘Player Pages‘, offering all available player prop markets for NBA, NFL, MLB, and NHL events. From head-to-head wagers to same-game parlays, access them effortlessly in one place.
DraftKings Sportsbook Mobile App: Seamless Betting On-the-go
Reviewing the DraftKings Mobile App
The DraftKings mobile application boasts a sleek and intuitive design, making it a breeze to navigate and use. We extensively tested its functionality across various iPhones and Android devices for this sportsbook assessment, and we were thoroughly impressed by its smooth performance.
User-Friendly Experience
When it comes to usability, the DraftKings mobile app stands out for its impressive design and ease of use. Placing bets is incredibly convenient, requiring just a few taps, and the bottom menu simplifies navigation between different app sections.
Seamless Geolocation
Unlike some other sportsbook platforms that encounter issues with geolocation, DraftKings users have reported minimal problems in this regard. This ensures a hassle-free experience when using the app to place bets or participate in DFS contests.
Getting Started
To begin using DraftKings, you can either visit their website on your mobile device or download the app for instant access to sports betting and DFS contests. With its user-friendly interface and reliable performance, DraftKings offers an excellent platform for sports enthusiasts to enjoy betting on their favorite events.
DraftKings’ Licensing and Security Quick Overview
DraftKings, operating since 2011, has earned licenses from various states across the US, such as New Jersey, Michigan, West Virginia, and Pennsylvania. They also have licenses in Illinois, New York, Kansas, Ohio, and Vermont. The platform prioritizes responsible gambling, offering tools like setting time and deposit limits, and the option for self-exclusion.
What I appreciate about DraftKings:
- Holds licenses from multiple states
- Implements effective responsible gambling measures
- Maintains high-level security protocols
DraftKings collaborates with respected organizations like Gamblers Anonymous, BetBlocker, the American Gaming Association, and the Cambridge Health Alliance Division on Addiction. The platform employs advanced 256-bit SSL encryption to safeguard users’ details.
DraftKings Sportsbook Customer Service
DraftKings’ support team is really helpful and knows their stuff. You can easily get in touch with them through the contact page on their website. They respond quickly to messages. You can also email them directly, start a live chat, or ask for a call-back.
I suggest using the live chat—it’s available 24/7, and I got a response right away when I used it.
- Live chat is open all the time
- Email: sportsbook@draftkings.com
- Phone: Ask for a callback
- Support languages: English
- (X) Twitter: @DKSportsbook
DraftKings Sportsbook: Final Words
DraftKings is a solid choice for those into sports betting, offering a wide range of sports and betting options. Its easy-to-use interface and features for betting while games are on make the experience enjoyable. With good odds and special deals, it gives users extra value. Plus, it smoothly combines daily fantasy sports (DFS) with regular betting.
One area it could improve is by offering more live-streaming options. But overall, it’s a reliable platform for sports fans who don’t want to be limited in their potential winnings.
Frequently Asked Questions (FAQ’s)
Ans. Yes, DraftKings offers a welcome bonus. New users can bet $5 and get $150 in bonus bets, or they can opt for a 20% deposit match up to $1,000.
Ans. As of the latest information, DraftKings does not accept Bitcoin as a deposit method.
Ans. DraftKings accepts a variety of payment methods including Online Banking, Credit/Debit Cards, Venmo, PayPal, Play+ Card, Wire Transfer, ACH E-Check, Apple Pay, and Cash.
Ans. Withdrawals at DraftKings are processed daily from 9 a.m. to 5 p.m. EST. The typical timeline for withdrawal processing can vary from 1 day to up to 5 business days, depending on the method used.
Ans. The DraftKings Sportsbook app is a mobile platform that allows users to place sports bets conveniently on their mobile devices.It features a user-friendly interface, diverse betting options, and is available for both iOS and Android devices.