DraftKings was founded in the spring of 2012 by Jason Robins, Matthew Kalish, and Paul Liberman. The launch of DraftKings coincided with the opening day of the Major League Baseball season as their first product was one-on-one baseball competition.
DraftKings grew quick as their first investment was received in July of 2012, and then in 2013, Major League Baseball invested an undisclosed amount into their operations. MLB became the first U.S. professional sports organization to invest in daily fantasy sports.
DraftKings is a leading daily fantasy sports and sports betting provider for the most popular sports. Over the past 4 years, DraftKings has driven the massive spike in daily fantasy popularity to become the number one daily fantasy sports provider in the United States. DraftKings is a leading daily fantasy sports and sports betting provider for the most popular sports. Over the past 4 years, DraftKings has driven the massive spike in daily fantasy. Step 2 – Deposit Money. DraftKings makes depositing speedy and easy. You'll be directed to the deposit page immediately after signing up. On the deposit screen, you'll be presented with deposit options for $25, $100, $250, $600 and an 'Other' field where you can deposit any dollar amount from $5.00 up to $2,000 (there is an option to fax in information to increase the maximum deposit limit). Yes, you can transfer money from FanDuel to FanDuel Sportsbook if you live in a state that has legal sports betting, and FanDuel operates in it. Methodology For the BettingBuck.com annual best online sportsbooks review published in 2020, a total of 2,300 data points were collected over six months and used to score sportsbooks.
By February of 2014, DraftKings reported that they had one million registered users to the site, and 50,000 active players. DraftKings also reported that the company awarded $50 million in prizes in 2013 to players in weekly fantasy football, daily fantasy baseball, daily fantasy basketball, and daily fantasy hockey.
DraftKings continued to grow exponentially as they partnered with the NHL as their Daily Fantasy Sports operator the same year. Over the next three years, DraftKings continued to grow in size when they attempted to merge with FanDuel. The Federal Trade Commission stepped and said that the merger would create a monopoly on the Daily Fantasy Sports industry.
In August of 2018, DraftKings launched its first-ever sportsbook in New Jersey. It is the first online sportsbook in the U.S. outside of Nevada. Since launching in New Jersey, DraftKings has opened sports betting operations in New York, West Virginia, Indiana, Iowa, Pennslyvania, New Hampshire, Colorado, and Mississippi.
DraftKings Sportsbook mobile and retail sports betting products allow bettors in each state to engage in betting for most major U.S. and international sports. On April 24, 2020, the company’s shares started trading on the Nasdaq stock exchange under the ticker symbol “DKNG.”
DraftKings has exploded in popularity ever since it launched in 2012. As sports betting becomes legal in the U.S., they will become one of the biggest sports betting operators in the country.
New User Welcome Bonus
DraftKings has a new user welcome bonus for those who have never played on the site before. The bonus code is worth up to $1000 when signing up with the mobile company. They must deposit a minimum of $5 or more for the credit. Also, bettors must use the promo code “WIN” after signing up with DraftKings, and they will get a 20 percent bonus added to their account. If a bettor adds $2500, then DraftKings will another $500 to the players account for a total of $3000 of betting funds. Also, DraftKings will match your first bet up to $500. Bettors have 90 days to reach the play-through requirements to earn the maximum possible amount, which is listed below.
The bonus funds are only available for the DraftKings and are in the form of site credits. The bonus amount is equal to 20% of that deposit amount, not to exceed $500. Bonus funds will be awarded to the user according to certain play-through requirements. For every $25 played on DraftKings in DFS, Sportsbook, or Casino, the user will receive $1 in bonus funds released into their player account. For example, a $2,500 deposit requires you to play through a cumulative total of $12,500 in daily fantasy contests, sportsbook -300 odds or longer, casino products, or any combination thereof to receive the maximum possible bonus amount of $500.
After the 90 days, you are ineligible to earn any additional bonus funds from this promotion. The promotion ends on August 17, 2020. However, DraftKings offers new user sign-up bonuses that run throughout the year. Even if you were to miss this sign-up bonus, there is another that DraftKings will have out right after.
Review the Sportsbook
DraftKings Sportsbook is one of the best sportsbooks to use. You can bet any of the major U.S. sports like NFL, College Football, NBA, College Basketball, NHL, and MLB. They also have a wider variety of other sports both in the U.S. and internationally. They include EuroLeague, other hockey leagues, soccer, tennis, MMA, Golf, Motor Racing, Boxing, Rugby, Cricket, CFL, and more.
Also, bettors can place any type of bet on a game. DraftKings offers bets against the spread, totals, moneyline, and prop bets for individual games. You can also make parlay and teaser bets for any game available.
DraftKings also offer futures for almost any sport available. Future bets can vary from who will the championship, win totals, seasonal over/under bets for teams or players, odds on individual award winners, and more.
The sportsbook makes it easy to navigate through the site from pre-game bets to live-game action. They also a rewards section, including a link to the casino and more. Flash bets and pools are also available on the main site of the sportsbook. DraftKings makes betting on live in-game sports easy to do.
One of the best features DraftKings has is their live bet ticket, which allows you to exit certain bets before their completion. This option is called “cash out.” If you’re winning a bet and want to lock in a profit, you can do so, but it is at a lower rate. However, you can exit a bet you’re losing to recoup at least a portion of it. This changes the way you will bet on sports. It allows bettors to hedge against themselves, protect downside risk, and also lock-in profit.
Sometimes the upside risk in betting is worth it. You inherently have to take risks to be successful at betting. You’ll undoubtedly want to be cautious about using the live ticket feature. It is still a lot of fun to use and a completely different way to bet on games.
Review the Mobile App
DraftKings has one of the most helpful apps among all the available options. Also, they have some unique offerings for bettors, including flash bets, which is a new live betting product. DraftKings offers odds boosts for certain games daily, parlay insurance, and other rewards for bettors.
When entering the home screen, you’re greeted by a user-friendly view of the requisite promotional banners and quick links. They also have traditional bets with beginner-friendly wording like “who’s going to win?” and “who will cover the spread?” for spread, moneyline, and total bets.
DraftKings is more focused on recreational and beginning bettors from the layout of their app. They also have a DraftKings Sportsbook quick start guide to help anyone that needs it. Also, if a bettor is also a user of DraftKings Daily Fantasy Sports, then they will tailor bets to your liking. If you have multiple Daily Fantasy players from the same team, DraftKings could offer you bets on that team for the night. The app tailors to your favorite bets.
The app is designed to tailor to the everyday bettor, so they can continue to find the action they enjoy betting. Also, they leave enough options for experienced bettors, so they have options to bet with as well. DraftKings make sure the app is for everyone, no matter what your experience level is.
Signing up For a New Account process
There are some basics new users will need when they sign-up for a DraftKings account. Overall, the sign-up process is no different than signing up for an online subscription to a website. However, there are a few things that you will need when signing up. You can expect to need your first name, last name, email, date of birth, cell phone number, last four of your social security number, and address.
DraftKings checks your location frequently when you first sign-up. The sportsbook needs to make sure that you are in a state that allows mobile betting before you can enter. If you do try loading the app from outside of any authorized state, then you will be greeted with a message about your location and the laws surrounding it.
Deposit and Withdrawal Process
All you have to do is hit the plus button, choose your funding method, and deposit money. The deposit options are online banking, Visa, Mastercard, Discover, wire transfer, PayPal, Skrill. As for minimums and limits, DraftKings requires only a $5 initial deposit and bet minimums are under $1, so you can play on any budget level. Once you are funded, you are good to go. Winnings are placed back into your account promptly.
With withdrawal process is very easy with DraftKings. This is not like offshore accounts that make you jump through hoops to cash out. The withdrawal options are PayPal, Check, and check, or casino cage in states that have retail locations.
DraftKings FAQ
What are the best DraftKings Sportsbook promo codes?
Where is DraftKings Sportsbook legal?
Can I transfer money between my DraftKings Daily Fantasy account and my DraftKings Sportsbook account?
What is an odds boost at DraftKings Sportsbook?
How Do I get a Payout from DraftKings
What is Parlay Insurance?
What are the best DraftKings Sportsbook promo codes?
One of the best DraftKings promo codes is the first bet matched. This applies to first-time users when they make their first bet at DraftKings Sportsbook. For example, if your first bet is $100, you will get $100 in free bets instantly added to your DraftKings account in the form of bonus bets. DraftKings has a max of $500 in first bet bonuses.
Also, DraftKings has a deposit bonus. This gives new users a 20 percent match on deposits up to $500. So if you deposit $2500, you would earn a $500 bonus when you begin playing.
Where is DraftKings Sportsbook legal?
DraftKings Sportsbook is growing its business throughout the U.S. The states they are in include Colorado, Indiana, Iowa, New Hampshire, New Jersey, Pennsylvania, and West Virginia. Also, they have retail only locations in New York and Mississippi. DraftKings is currently working on a deal to enter the Illinois market, adding to the list of states they are operating.
Can I transfer money between my DraftKings Daily Fantasy account and my DraftKings Sportsbook account?
Yes, DraftKings allows you to transfer money between your daily fantasy account and the sportsbook account. However, they only allow you to transfer winnings. DraftKings does not allow you to deposit money into one account, only for you to transfer it to another.
What is an odds boost at DraftKings Sportsbook?
An odds boost at DraftKings is when the sportsbooks give you boosted odds to enhance your winnings. They will randomly give users odds boosts during games throughout the year. For example, DraftKings might give an alternate line of the Chiefs -6 at +200. However, they will put out an odds boost where the Chiefs are -6 at +300. This increases the bettors’ winnings if it hits.
How Do I get a Payout from DraftKings
Players may withdraw via PayPal or via the payment method with which they used to deposit. DraftKings processes all payouts between 9 am and 5 pm Eastern time Monday through Friday. It usually takes between two and seven business days for a payout to be processed and issued. DraftKings makes it easy for users to get their payouts. Terms and conditions may apply for users that are looking to cash out their bonuses.
What is Parlay Insurance?
DraftKings Sportsbook offers parlay insurance up to $25 if you ever suffer the ultimate heartbreak of having only one leg of your parlay lose. For example, let’s say you bet $100 on a three-team parlay with the Giants +120, Bills +100, and Seahawks -110. If the Giants and Bills win, but the Seahawks lose, then you would be able to get $25 back from your parlay.
Live Betting At DraftKings Sportsbook DraftKings Sportsbook does offer live sports betting. You can find those in-game odds here.
DraftKings Sportsbook also has a Flash Bet feature through which you can live bet play-by-play action on football, basketball, baseball, and tennis.
Refunds For Scoreless EPL Matches At DraftKings Sportsbook DraftKings Sportsbook has a “No Goals No Problem” promotion in which the book will refund bets up to $25 if an English Premier League match ends in a 0-0 draw.
Types of Bets You Can Make At DraftKings Sportsbook Can you bet parlays at DraftKings Sportsbook? Yes, you can bet parlays at DraftKings Sportsbook by linking one bet to two or more. If every bet in a parlay wins, then you earn a higher payout than if you would have placed them as single bets.
What are the max bets on DraftKings Sportsbook? DraftKings sets mac limits to mitigate the risk and liabilities of heavy bettors. Max bets on DraftKings Sportsbook varies. They can limit users on their max bet as well as limiting the amount of money all users can make in a single bet. DraftKings limits net payouts per sport. This means you cannot profit more than a certain amount for each sport. Sports like the NFL, MLB, and NBA have a one million dollar limit. The NHL, college football, and college basketball have 250k limits.
Customer Support
You can reach the DraftKings Sportsbook, customer service team through their site, where you can either send a message or live chat with a representative. DraftKings’ customer support is available 24/7. You can also reach DraftKings Sportsbook customer service via email at [email protected].
Final Thoughts
Overall, DraftKings is one of the best sportsbooks to use, and a big reason why they are one of the most used sites in the U.S. Navigating their mobile app is easy to do and offer different betting options for all experience levels.
Also, DraftKings makes it easy to sign-up and start betting right away. There is almost no hassle with depositing and withdrawing money either. DraftKings gives some of the best bonuses and promotions on the market, keeping users engaged in their bets.
DraftKings Sportsbook is one of the best in the business, and any bettor would be happy using their platform for betting.
Pros – DraftKings is straight forward with their sportsbook and makes it easy to use for all levels of experience. – Signing up is easy to do and takes a matter of minutes to register and deposit money. – DraftKings offers some of the best promotions and bonuses on the sports betting market. – The DraftKings mobile app is one of the best apps to use. They make it easy for all users to navigate. – DraftKings in-game live betting is one of the best on the market. They offer different types of wagers that have never been done before.
Transfer Money From Draftkings To Sportsbook Bonus
Cons – New user bonuses have lots of terms and conditions attached to them. The bonus might not be as straight forward to use as it seems.
– The sportsbook is easy to use, but it could be overwhelming to new users trying DraftKings for the first time. Trying to find sports to bet on is not as straightforward when looking for a particular one.
DRAFTKINGS SPECIAL - DOUBLE YOUR MONEY if either team scores a touchdown during The Big Game! Simply register your DraftKings account, make a deposit, and bet $5 - $50 on either team to score a Touchdown. Following deposit, you will receive a single-use Odds Boost that you must select in your bet slip before placing your bet. (Excludes live bets, parlays, free bets, cash out bets, and voided bet) If your team scores a touchdown you will DOUBLE YOUR MONEY! - To Claim Click This Link
Visit: DraftKings Sportsbook
DraftKings Sportsbook is the sports betting arm of daily fantasy sports giant DraftKings. The company pivoted into full-scale gambling in 2018, now offering legal online sports betting in a number of US states.
The new DraftKings Casino also makes traditional casino games like blackjack available within the same interface in eligible states.
DraftKings is licensed and regulated in each jurisdiction it serves.
New User Bonus. T&Cs Apply.
Up to $1,000 Deposit Bonus
DraftKings Sportsbook promo code 2021
Draftkings Sportsbook Promo Code
None - Use Links
Total Bonus
Up to $1,050
Free Bet (with deposit)
Up to $50 FREE
Matched Deposit
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DraftKings Sportsbook States
VA, MI, NJ, PA, CO, IN, WV, NH, IA, IL, & TN
Last verified:
February 2021
In all the states where DraftKings Sportsbook is live, you can start betting for free.
You’ll get an up to $50 FREE BET if you use our exclusive DraftKings Sportsbook link to create your account and make your first deposit. The free bet will be in the amount of your deposit, up to the maximum $50.
In addition, DraftKings is offering new signups a 20% match on that first deposit worth up to $1,000.
So if you deposit $10, you get a $10 free bet plus a $2 bonus. $50 gets you the $50 free bet and a $10 bonus. Or if you want to maximize the offer, you deposit $5,000 and get the $50 free bet plus a $1,000 bonus!
This offer only applies to your first deposit. The bonus portion clears at a rate of $1 for every $25 you wager.
In total, new DraftKings customers can expect an impressive welcome package worth up to $1,050.
In what states is DraftKings Sportsbook legal?
Few sportsbook operators have been more proactive about launching their products in new sports betting states than DraftKings. Wherever a sports betting launch has occurred, DraftKings has seemed to be there. So, if you want to play on DraftKings Sportsbook, options are probably closer than you think they are.
Online
DraftKings was the first online sportsbook app to launch outside of Nevada. DraftKings Sportsbook went live in New Jersey in August 2018, less than three months after the Supreme Court ruled PASPA to be invalid. Since then, the company has been at the forefront of launches in no fewer than seven other states. Here’s where you can find the DraftKings Sportsbook app:
DraftKings New Jersey
DraftKings New Jersey launched in August 2018 as the first online sportsbook app to exist outside of Nevada. In order to do so, the company partnered with the Resorts Casino in Atlantic City. You can deposit into your account through the casino cage at Resorts AC, if you wish. However, betting on colleges located in New Jersey or collegiate events that take place in the state is not permitted.
DraftKings Pennsylvania
DraftKings Pennsylvania entered service in the Keystone State in October 2019. The launch came as the result of DraftKings’ partnership with the Meadows Casino. At this time, it is not possible for players to deposit into their DraftKings accounts at the Meadows cage. According to state law, the only events that you will be unable to bet in Pennsylvania are esports and non-sporting events like elections and awards shows.
DraftKings Illinois
DraftKings Illinois became a reality in August 2020. The company has partnered with the Casino Queen riverboat in East St. Louis. Casino Queen is also rebranding itself as the DraftKings at Casino Queen to emphasize the partnership. You cannot make a deposit into your account through the Casino Queen cage just yet, but with the rebrand, it may become possible in the future. Illinois law is one of the more restrictive in the nation, and there are several prohibitions that you must abide in the Land of Lincoln. For one thing, remote registration is mostly not allowed, and is only proceeding because of a temporary stay from Gov. Pritzker. You also cannot bet on in-state college games, minor league games, high school sports, non-sports events, or any individual propositions on colleges.
DraftKings Colorado
DraftKings Colorado first opened its virtual doors in May 2020. The company is operating in Colorado as a result of a deal with Twin River Holdings, which owns the Mardi Gras Casino in Black Hawk. Depositing through the cage at the Mardi Gras, however, is not an option right now. Colorado does allow you to bet on almost any type of sporting event aside from high school sports. The only exception is on prop betting for college sports – those aren’t allowed. You can bet on esports, though, so long as they are sanctioned by a reputable governing body.
DraftKings Indiana
DraftKings Indiana entered the market in October 2019. The debut was made possible through DraftKings’ partnership with the Ameristar East Chicago. You cannot deposit with cash at the Ameristar cage, unfortunately. Indiana does not allow you to bet on esports or high school games, and the gaming commission maintains strict control over live betting. However, everything else is on the table in the Hoosier State.
DraftKings Iowa
Thanks to a deal with the Wild Rose Casinos, DraftKings Iowa came online in February 2020. At this time, you cannot make a deposit at one of the three Wild Rose cages, but that situation could change at some point in the future. Iowa does permit betting on pretty much everything, but you cannot make an in-game wager on an in-state college team. It’s a minor restriction compared to those in other states, but it’s there, nonetheless.
DraftKings West Virginia
West Virginians gained the ability to bet on DraftKings West Virginia in January 2020. As part of its ongoing partnership with Penn National Gaming, DraftKings became one of the mobile sportsbooks operating on the Hollywood Casino Charles Town’s license. You can make a deposit in cash at the Hollywood cage, if you like, or you can use one of the other methods online. Aside from the standard prohibition on high school sports, you can bet on pretty much any event in West Virginia. Esports, in-state college teams, and other commonly-restricted markets are fair game in the Mountain State.
DraftKings New Hampshire
DraftKings New Hampshire managed to get itself going just before the end of 2019. The smaller population and remote location of the state allowed DraftKings to have a virtual monopoly over sports betting in the state. Though it has since opened retail books in two locations in New Hampshire, the company was operating without a partner before then. Nevertheless, you can undoubtedly make cash deposits as either retail location at The Brook in Seabrook or the South Side Tavern in Manchester. New Hampshire’s only restrictions on betting are for high school teams and live bets on in-state college teams. Everything else is fine.
DraftKings Tennessee
Tennessee is one of the more unusual members of the fraternity of sports betting states. The Volunteer State does not have any land-based casinos inside its borders, so Tennessee sports betting occurs entirely online.
Of course, this quirk plays right into DraftKings’ wheelhouse. Online sports betting in Tennessee debuted on November 1, 2020, and DraftKings was one of three companies to receive the first conditional licenses to operate in the state and launch on day one.
DraftKings Michigan
Online sports betting is live in Michigan as of January 22, 2021.
DraftKings, for its part, already has secured a partnership with a Michigan-based casino owner, the Bay Mills Indian Community. Given DraftKings’ history of being on the forefront of launches in other states, it comes as no shock that DraftKings was one of the first online sportsbooks to open for Michigan inhabitants.
DraftKings Virginia
January 24, 2021 saw the arrival of DraftKings online sportsbook in Virginia, just the second operator to launch in-state All regulated sportsbook action in Virginia takes place within mobile apps. Fortunately DraftKings has a world-class native app for both iOS and Android devices.
Next Online Books to Launch
Sitting tight is not really DraftKings’ style. The company has proven itself to be an early adopter wherever sports betting goes, and DraftKings clearly has no intention of standing pat with the states in which it’s active. As more states move to legalize sportsbetting, DraftKings will surely be an active participant. We will update this review as it happens.
Retail
Although online sports betting is the hot ticket item for DraftKings right now (along with every other sportsbook operator), the company is still investing in retail sportsbook expansion, too. In fact, you can find retail versions of DraftKings Sportsbook in nine different states right now. If you would prefer to make your wagers in person or, in some cases, have to register in person, you can visit one of the following locations:
New Jersey
Resorts Casino Hotel
1133 Boardwalk, Atlantic City, NJ 08401 (609) 340-6300
Pennsylvania
The Meadows Racetrack & Casino
210 Racetrack Rd, Washington, PA 15301 (724) 503-1200
Illinois
DraftKings at Casino Queen
200 S Front St, East St Louis, IL 62201 (618) 874-5000
Indiana
Ameristar Casino Hotel East Chicago
777 Aldis Ave, East Chicago, IN 46312 (219) 378-3000
Iowa
Wild Rose Clinton
777 Wild Rose Dr, Clinton, IA 52732 (563) 243-9000
Wild Rose Emmetsburg
777 Main St, Emmetsburg, IA 50536 (712) 852-3400
Wild Rose Jefferson
777 Wild Rose Rd, Jefferson, IA 50129 (515) 386-7777
Colorado
Mardi Gras Casino
300 Main St, Black Hawk, CO 80422 (303) 582-5600
New York
del Lago Resort & Casino
1133 NY-414, Waterloo, NY 13165 (315) 946-1777
Mississippi
Scarlet Pearl Casino Resort
9380 Central Ave, D’Iberville, MS 39540 (888) 752-9772
New Hampshire
The Brook
319 New Zealand Rd, Seabrook, NH 03874 (603) 474-3065
South Side Tavern
1279 S Willow St, Manchester, NH 03103 (603) 935-9947
DraftKings Sportsbook account creation
The sign-up process for DraftKings is extremely simple. Players can sign up on the app itself or through their desktop. For most of the states, only the basic information and the geolocation are required for online betting apps.
The process is quick, and the geolocation tracker only takes a few seconds to determine the location.
Iowa and Illinois have an in person registration requirement. However, Illinois is waiving this currently. We suggest you register your account soon to save yourself the extra step of visiting the physical DraftKings sportsbook in East St Louis. If you live in Iowa you need to visit one of the Wild Rose Casino & Resort locations in Jefferson, Emmetsburg, and Clinton.
Afterward, though, you can sign in and access the sportsbook online through a desktop or mobile device, as you can in any other state, so long as you are located within the state borders.
Downloading the DraftKings Sportsbook App
The original DraftKings (DFS) is available on the iTunes Store, the Google Play Store, and on the desktop website. However, the DK Sportsbook requires its own account and app.
DraftKings Sportsbook for Android:Follow this link and click on “Download for Android.”
DraftKings Sportsbook for iPhone and iPad:Follow this link and click on “Download in the App Store.”
DraftKings Sportsbook for browsers: No download required. Just create an account via this link.
After downloading, follow the on-screen directions and answer the questions as they are presented. The download process only takes a few seconds and the geolocation is quick. Once the app is downloaded once, it can be accessed like any other app.
The desktop version is easy to use, although there is still a geolocation tracker but afterward, the desktop sportsbook functions fluidly.
Betting on DraftKings Sportsbook
Sports betting has been around for a long time. Horses, cars, competitive games against friends and through professionals have all been the subject of bets. Therefore, to do it justice, digitalized sports betting needs to be as dynamic as it is in real life.
DraftKings has done a good job of replicating the in-depth betting process of physical sports betting. Here are the different ways that a player can bet with DraftKings:
Moneyline
A moneyline is a bet based on who the player thinks will win the game. This is the simplest form of sports betting. It is clean-cut and simple.
The odds in moneyline wagers are attached to the favorite as well as the underdog.
Spreads
Point spreads are chosen when each outcome has a + or a – attached to it. How does it work?
For example, if a game has a ‘line’ of 3.5, one team is favored to win by more than 3.5 points — i.e. they would have to win by four or more for a bettor to win this bet. On the other hand, a bet on the other side would require the team that is +3.5 to win the game outright, tie, or lose by three or fewer points.
There are also different names for Spreads based on the game being played. Here are the different games that have different jargon for spreads:
Run Line = Baseball
Puck Line = Hockey
Futures
Futures bets are wagers that are based on some future event.
A popular example would be betting on who will win the World Series or the Super Bowl. This is a long-term bet that usually has longer odds than game outcomes. After all, this is the prediction of an entire season.
Futures are available on many sports at DraftKings.
Parlays
A parlay takes two or more single bets and combines them. This is a wager that pays well but has worse odds generally than other straightforward bets. The reason for this is because to win, all the included wagers must win.
The reason players like these bets are that the payoff is usually higher than if each bet was placed individually.
Totals
Totals — or over-under bets — are simple, in that there are only two options. Basically, the bet is whether the actual score in a game will be over or under the player’s chosen number. For example Most times, the Over-Under bet is contingent on the entire game, although you can often bet totals on quarters or halves.
In-play betting
This is also called live betting is either a short-term or long-term bet, placed after a game started.
In-play betting is exciting because it can be done multiple times per game. Bets can consist of who will get the next goal, or who will win based on odds determined by the current score of the game.
This is a thrilling form of betting. It keeps players on the edge of their seats, with multiple moments of excitement throughout the game.
Cashing out of existing bets
It is possible to cash out of existing bets, in some instances. Usually, once a bet is placed and confirmed, there is little that can be done to reverse the bet.
However, there are some times where a player can cash out of existing bets at DraftKings. Often, bets that are multi-faceted will allow players to cash out if they want to keep the amount of money they currently have.
Of course, in this instance, the entire bet would not be returned, but it is possible to recoup a portion of the original bet.
Sports available on DraftKings Sportsbook
There is a plethora of sports that are popular throughout the United States and internationally. DraftKings has more than the four American favorites. Here is a list of the games that can be bet on throughout the app:
Baseball
Basketball
Boxing
Cricket
Cycling
Darts
Football
Golf
Hockey
MMA
Motorsports
Rugby
Soccer
Tennis
DraftKings Casino
If there was any previous doubt, DraftKings is now a full-blown gambling company.
In December, it added blackjack tables to its online/mobile sportsbook offerings. Video poker, roulette and slots are now available on DraftKings Casino, too.
Account funds, status and promotions are shared across DraftKings’ sportsbook and casino offerings.
Areas that are exceptional for DraftKings
DraftKings was the first to offer an NJ sports betting app, so it has been a leader from the beginning of the regulated US online sportsbook scene. What has it gotten right?
How To Cancel Draftkings Account
Information sharing
DraftKings has a lot to offer players. You can bet on just about any sport, as well as live-betting that will keep fans engaged. Seasoned sports bettors will surely feel right at home on DraftKings.
Yet, what is an even more impressive feat is the amount of information DraftKings provides newcomers. Usually, odds and a basic explanation of how to play the game is given. That is if any information is divulged.
Draftkings Sportsbook Deposit Options
Yet, DraftKings make it possible for players to learn about betting on their platform with in-depth examples, descriptions and videos. This approach is a nod to their customer service and the passion that DraftKings has to the sportsmanship they represent.
Speed
Gambling is best associated with speed. Betting is a speedy, exciting, heart-racing endeavor. Therefore, having a system that can keep up with the speed of such activities is paramount.
DraftKings excels in the expedience that is necessary for such a fast-paced betting platform. Not only are the actions of the app quick, the geolocation for both the desktop and app is speedy. Deciphering location is where things tend to slow down with some betting apps, but not with DraftKings.
Areas of DraftKings that could be improved
DraftKings Sportsbook is a new app and thus, there are bound to be some growing pains associated with it. While there are many ways in which the app excels, there are also a few areas where DraftKings could improve.
VIP Treatment
Fantasy sports fans spend a lot of money and time utilizing the DraftKings apps. Sports fans are one of the most loyal fans out there. Therefore, their patronage should be truly rewarded. The VIP Treatment that rewards fans are a little underwhelming. There is nothing wrong with the app rewarding in-game prizes and bets. However, people must spend a fair amount of money to even come close to achieving the first tier of rewards. Anything of any semblance of significance seems lightly impossible. It would be far more appealing to make the VIP/Loyalty rewards system slightly more attainable.
Depositing money through DraftKings Sportsbook
DraftKings has made it incredibly easy to deposit money instantly. Here is the list of avenues through which a player can deposit their funds:
Credit/Debit card
Play+ Prepaid
Bank transfer
*DraftKings promise to update the depositing methods soon. However, maintaining the safety of their players is their main priority. Therefore, DraftKings will not update their system until they are sure the present safety and security standards are met.
However, deposits and withdraws can be made directly through the desktop and the app.
Withdrawing through DraftKings Sportsbook
Withdrawing through DraftKings is simple, albeit a little outdated.
Check
Play+ Prepaid
Cash at cage (in states where there is a retail sportsbook)
DraftKings DFS and sportsbook accounts
DraftKings DFS started in 2012 and consistently denied being a part of sports betting. (It was illegal in most states, after all.)
However, after New Jersey legalized sports betting, DraftKings Sportsbook became the first mobile sportsbook available. Even that was only officially launched at the beginning of August 2018.
The original DraftKings DFS platform and the DraftKings Sportsbook are linked for players in New Jersey. DraftKings officials wanted the transition to be quick and easy, so the company integrated DFS and Sportsbook with an update.
However, to download the Sportsbook app, players must go to the website through their mobile browser and follow the prompts. However, it does not take long and the app is extremely stable.
Moving money from DraftKings to DraftKings Sportsbook
Sportsbook and the original DFS site/app sort of share the same wallet. All funds that were available in the DFS wallet — if a player had already used them to enter a DFS contest — were automatically set to be available for use in Sportsbook as of Aug. 1, 2018.
However, any additional funds need to come out of the player’s winnings, not their specifically deposited DFS funds. Currently, the player must run through their original deposit first, so that the winnings could be used in Sportsbook.
Although, Sportsbook funds can be used to enter DFS contests. It is a little confusing but there is no straightforward way to transfer funds from one to the other. This is unfortunate since the same profile is available for each.
Sportsbook funds can be moved to the DFS site and app as well.
Browser betting at DraftKings
The browser-based interface is not much different from the mobile experience.
The major difference is that there are two tabs (DFS/Sportsbook) instead of two apps. This makes it easy to toggle between the two, as one account links both DFS and Sportsbook.
FAQ about DraftKings Sportsbook
What states is DraftKings Sportsbook legal in?
DraftKings Sportsbook is currently legal and active in:
Virginia sports betting
Mississippi sports betting
How old does someone have to be to play DraftKings?
Players at DraftKings Sportsbook must be 21 years old.
Do you have to be in one of those states to bet?
DraftKings Sportsbook players must be located in one of the states where it is operating. Fortunately, the Sportsbook is not limited to residents of those states. The person must simply be located in one of those states at the time they are playing.
Who oversees DraftKings in each state?
DraftKings is regulated by the relevant state authorities for each state in which it operates. In most cases, the agency with oversight is the state gaming commission. It’s important that you know who to call, however, if there’s ever a dispute that you cannot resolve.
New Jersey
New Jersey Division of Gaming Enforcement
140 East Front Street, Trenton, NJ 08625
(609) 984-0909
Pennsylvania
Pennsylvania Gaming Control Board
PO Box 69060, Harrisburg, PA 17106-9060 Phone: (717) 346-8300