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Last updated April 10, 2024
DraftKings Sportsbook has become the go-to choice for millions of sports bettors across the United States. The company is renowned for its proactive approach, as it consistently emerges as a pioneer. DraftKings' strategic partnerships with major sports teams and leagues have also laid a robust foundation for expansive growth.
In this DraftKings Sportsbook review, we will uncover the pros and cons of this online betting giant, highlighting its strengths, unique features, and what sets it apart in the competitive landscape of online sports betting.
Yes, DraftKings is a legitimate and well-established company in the online gaming industry. It operates in compliance with relevant gaming regulations and holds licenses in the 20+ US states where it operates. The company has gained credibility and trust among users due to its adherence to legal and regulatory standards, ensuring fair gameplay and secure user transactions. Additionally, DraftKings employs measures to promote responsible gaming, offering tools and resources for users to manage their gaming activities responsibly.
Reviewed By: | Fact Checked By: |
This DraftKings Sportsbook review aims to evaluate and rate DraftKings Sportsbook, exploring its user-friendly interface, diverse betting markets, promotions, and the overall experience it offers. To begin with, these are the most outstanding benefits worth highlighting:
Categories | Sqore.com's Rating |
⚖️ Licensing and Security | 5/5 |
📈 Betting Markets and Options | 5/5 |
🪙 Odds and Pricing | 5/5 |
👤 User Interface | 4/5 |
💰 Bonuses and Promotions: | 5/5 |
📱 Mobile Experience | 5/5 |
🏦 Payment Options | 5/5 |
💬 Customer Support | 5/5 |
🧑🏽💻 Live Betting and Streaming | 4/5 |
💯 Overall Rating | 4.8 / 5 |
DraftKings Sportsbook entices sports bettors with a plethora of enticing promotions and bonuses. The initial welcome bonus through the Bet $5 Get $150 Promo sets a positive tone for new customers stepping into DraftKings.
Additionally, their "Bet and Get" offers, occasionally will appear in the form of the Bet $5, Win $200 Promo, to add another layer of excitement. Note that no DraftKings promo codes are needed if you use any of the promo links provided in this DraftKings review.
Furthermore, there is also a deposit bonus option available at DraftKings, This bonus will give new customers a 20% up to $1,000 first deposit bonus. However, we recommend you go with the bet-and-get bonus as it offers better value.
🎁 Bonus Promo Offer: | Bet $5, Get $150 in Bonus Bets Instantly + Daily No Sweat NBA SGP |
🇺🇸 Available in: | All eligible DK states except CT, ME, NC, and NY. |
💰 Minimum deposit: | $5 |
🗓️ Days to use bonus bets: | 7 days |
⭐ Promo Rating | 5/5 |
Besides their deposit bonus signup offering, DraftKings regularly offers promos for online sports betting on individual sporting events, including NBA and MLB. The great things about their promo offers are that most of them provide odds boosts and do not need any DraftKings promo code to benefit from. In addition, many of those promos offer instantly granted bonus bet tokens to use on your subsequent sports wagering.
As an alternative to the Bet and Get bonus offer, there is also the less attractive first deposit bonus match of 20% up to $1000. This bonus is only valid on your first deposit.
Once registered with DraftKings, you can start recruiting your friends and collecting bonus money. The DraftKings refer-a-friend program is one of the most generous on the market: for each referred friend that joins DK, you will receive a $100 reward ($50 Bonus Bet plus $50 in Casino Credits).
Are you running low on cash in your DK account? If so, these free-to-play pools are great for you. Enter into daily free-to-play pools and win cash prizes.
Signing up for the DraftKings sports betting platform and then claiming your bonus from promo codes or links is a straightforward process that should be expected for new sports bettors. However, this step-by-step process is easy to follow, even for new sports bettors.
First, follow any link on this page to create your account. This will make you eligible for the bonus offer. Then create your username and password.
If you use any of our links from any of the promos listed on this page, you don't need to use any promo code to opt-in for the welcome bonus.
Fill in your information your full name, home address, date of birth, and Social Security Number (SSN).
After registering, make your first deposit, and DraftKings will match your deposit right away. Note that there are terms and conditions that apply.
To get your bonus and any winnings that come with it, you have to meet the play-through requirements.
All bettors registered at DraftKings are automatically enrolled in the DraftKings Dynasty Rewards program. Through this loyalty program users may earn Crowns, the program’s currency, with almost every transaction they make at DraftKings Sportsbook, Casino, Daily Fantasy, and Marketplace. Note that Crowns are earned for placing wagers but also for Daily Fantasy Sports entries.
Customers can then redeem their Crowns for various items, including credits, merchandise, experiences, to gift cards.
The program categorizes members into several tiers, with tier levels up based on the accumulated Crowns, as seen in the chart below:
Tier | Accumulated Crowns |
Bronze | 0 up to 24,999 |
Silver | 25,000 to 124,999 |
Gold | 125,000 to 499,999 |
Diamond | 500,000 to 999,999 |
Onyx | 1,000,000 or more |
Let's dig into the betting experience of using DraftKings Sportsbook. First of all, what stands out is that this online sportsbook boasts the widest range of offerings, frequently leading in posting alternate lines, and presenting an extensive array of betting options. Whether you're mostly into prominent main market events or seek the most obscure player prop bets, DraftKings has something to offer - with depth and variety - to every bettor.
On standard against-the-spread (ATS) bets and over/under wagers, there will generally not be much variance from one online sportsbook operator to the other. DraftKings is no different in this case.
The 10% juice or vig is the standard for DraftKings and its main competitor FanDuel. The lone drawback to DraftKings pricing is in moneyline wagering. They are higher than the average and generally not the best online sportsbook for this type of wager.
Where DraftKings truly sets itself apart is in its prop offerings. Whether team or player props, they have the most extensive offerings available in the online gambling world. Here's an overview of available betting types and their meanings:
Bet Type | Description |
Moneyline | A wager on which team will win a game, without any point spread or conditions. |
Point Spreads | A handicap set by oddsmakers to level the playing field between two teams. |
Totals | A bet on whether the game's outcome will be "over" or "under" a specified total, like 41 points in football. |
Props | Wagers on specific events or outcomes within a game, not just the final result. |
One-game parlay | Combines multiple wagers from a single game into one bet. |
Live Betting | Betting during a live game, with odds that change based on in-game events. |
Parlays | A bet on multiple teams, where all selected teams must win for the bet to pay out. |
Alternate Lines | Adjusting the spread or total, making the bet easier or harder to win in exchange for different odds. |
Futures | Betting on long-term events or outcomes, like a team winning a championship. |
Teasers | Combines bets on two games, allowing point spread adjustments but with reduced payouts. |
Halves | A bet on a team to win both the first and second halves of a game. |
DraftKings offers the most comprehensive array of available online sports and the widest array of bet types and unique bets. Available sports include:
Available Types of Sports at DraftKings | ||||
NFL | NBA | UFC/MMA | NCAA Football | NCAA Basketball |
MLB | NHL | Soccer | Golf | Tennis |
NASCAR | Indycar | Formula 1 | Darts | Cricket |
Rugby | Footie | Cycling |
DraftKings Sportsbook offers in-play betting, also known as live betting. This allows bettors to place wagers on sporting events as they are happening in real-time. The odds for in-play bets change dynamically based on the current state of the game or match. Live betting options are available for most sports and leagues. However, some smaller games might not be covered.
Live streaming of sports events is available at DraftKings. The Sportsbook provides its customers with a seamless entertainment experience in one convenient location. This feature is possible thanks to DraftKing's collaboration with the global sports data and content provider Sportradar. Customers with an active DraftKings Sportsbook account and a wallet balance greater than $0.00 will be able to live stream games directly from the DraftKings mobile app or website.
DraftKings Cash Out is a feature that lets you eliminate your active bet before the result is known. This enables you to keep some of your winnings or cut your losses as the odds move in your favor or against you.
Cash Out is available for pre-game, live, future, and parlay bets on certain sports. Depending on how the game goes after you place your bet, Cash Out can be for more or less than the amount you initially bet. Then, when you add your bet to the bet slip, you can see if you can cash it out.
You can Cash Out early after making a bet by going to "My Bets" and clicking the yellow Cash Out button. You'll get paid when you confirm Cash Out, and DraftKings will put the money in your account immediately.
The Same-Game Parlay (SGP) enables the consolidation of multiple bets within a single game into a unified parlay. For a successful SGP outcome, each individual bet within the combination must result in a win. At DraftKings, events conducive to SGP will feature a distinctive +SGP logo on the game card, signaling the compatibility of the event with this engaging parlay type.
On top of the regular SGP, DraftKings offers SGPx, short for Same Game Parlay X, which allows bettors to merge multiple Same Game Parlays from various games into one comprehensive parlay ticket. Each ticket requires a minimum of four legs, with at least two from each selected game. This format, with its potential for significant payouts on minor wagers, is a key draw for bettors.
DraftKings is also prominent within the fast-growing daily fantasy sports field. To get started with DFS users won't need a separate account as it is well-integrated with the regular sportsbook.
At DraftKings Daily Fantasy Sports users can enter daily and weekly contests to win money based on how well individual players do in the five biggest markets (NFL, NHL, MLB, PGA, and NBA). DraftKings also has a few other markets, like esports, auto racing, and even Canadian football, so it's easy to see why it has its unique place in the DFS market.
DraftKings Daily Fantasy covers: | ||
National Football League (NFL) | National Basketball Association (NBA) | Baseball (MLB) |
Canadian Football League (CFL) | National Hockey League (NHL) | NASCAR |
Mixed Martial Arts (MMA) | League of Legends (Esports) | Golf |
Soccer (EPL, MLS, Champions League) |
DraftKings Casino became well-known quickly and should now be considered as one of the best online casinos in NJ, PA, MI, WV, and CT.
It's easy to get started with DraftKings Casino as it is nicely integrated with the sportsbook account. After you've signed up for an account and made your first deposit, you can go to the casino section to explore the games and betting options available.
This online casino started on a smaller scale, but the number of games has grown significantly ever since. Nowadays, users are offered a wide range of casino games such as slots, blackjack, and other popular table games. Also, live dealer games are part of the portfolio, if you want to feel like you're in a real casino. However, it's fair to say that the DraftKings casino section is pretty far from the comprehensive sportsbook in its offerings.
Exploring the DraftKings sports betting app is an exceptionally pleasant experience. It makes finding what you are looking for very easy and the information it provides is highly relevant. For instance, DraftKings mobile app is great when it comes to giving heads-ups for bonuses and boosters.
Whether locating tailored bonus suggestions or navigating to the sport and game you are looking for, the DraftKings Sportsbook app performs on a high level. Overall, the DraftKings app is intuitive, user-friendly, and packed with sports statistics in a way that makes it stand out in comparison to other sportsbook apps.
Here is a summary of our DraftKings app review:
Accessing the DraftKings app is a straightforward process. Follow these steps to get started:
iOS Version | 10.0 or higher |
Permission | The app will need access to the device location |
Age requirements | Users must be at least 21 years old. Play responsibly |
Download size | 170 MB |
To access the DraftKings app on your Android device and unlock their enticing welcome bonus, follow these simple steps:
Android Version | 4.4 or higher |
Permission | The app will need access to detect the device's location |
Age requirement | Users must be at least 21 years old. Play responsibly |
Download size | 190.91 MB |
DraftKings currently has online and/or retail betting operations in 20+ states across the US. This broad expansion makes DraftKings Sportsbook an indisputable leading force on the American betting scene.
Judging by the operator's swift moves to be first-to-market in many states, we are sure the company will secure further states as soon as they permit online sports wagering. Here is a list of the current states where betting at DraftKings Sportsbook is legal:
DraftKings Legal States | Retail Partners | Launch Date |
Arizona | TPC Scottsdale | September 9, 2021 |
Colorado | Mardi Gras Casino in Black Hawk | May 1, 2020 |
Connecticut | Foxwood Resort Casino | October 12, 2021 |
Illinois | Casino Queen Sportsbook | June 28, 2019 |
Indiana | Ameristar Casino | September 1, 2019 |
Iowa | Wild Rose | February 19, 2020 |
Kansas | N/A | September 1, 2022 |
Kentucky | The Mint Gaming Hall at Cumberland | September 28, 2022 |
Louisiana | Golden Nugget Hotel & Casino Lake Charles | January 28, 2022 |
Maryland | State Fairgrounds | November 23, 2022 |
Massachusetts | N/A | March 10, 2023 |
Michigan | Bay Mills Resort & Casino | January 22, 2021 |
New Hampshire | The Brook Casino, Filotimo Casino | December 30, 2019 |
New Jersey | Resorts Casino | August, 2018 |
New York | Del Lago Resort | January 8, 2022 |
North Carolina | Nascar | March 11. 2024 |
Ohio | TBD | January 1, 2023 |
Pennsylvania | Hollywood Casino | November, 2019 |
Tennessee | N/A | November 1, 2020 |
Virginia | N/A | January 24, 2021 |
Wyoming | N/A | September 1, 2021 |
West Virginia | N/A | July 15, 2020 |
Oregon | Oregon Lottery | January 12, 2022 |
The DraftKings Banking Options empowers users to securely and effortlessly manage their funds. Prioritizing user convenience and safety, DraftKings presents multiple banking options. These options ensure smooth and secure transactions, facilitating both deposits and withdrawals with ease.
DraftKings deposit methods include:
DraftKings Deposit Options | ||
Bank Account | Paypal | eCheck |
DraftKings Gift Card | Debit Card | Online Banking |
Visa/Mastercard | Apple Pay | Venmo |
Credit Card | Casino Cage | Wire |
Withdrawing funds at DraftKings is also an easy experience. The available withdrawal methods are the same as the deposit methods, with only a few exceptions. And of course, you can rest assured that you will receive your money, as DraftKings is regulated by every state in which it legally operates.
Here's an outline of the withdrawal limits and processing times for frequently used banking methods on DraftKings:
Withdrawal method | Withdrawal Limits | Processing Times |
Debit/Credit Cards | Maximum withdrawal per transaction is $25,000. Minimum withdrawal is $1. | 1 business day |
PayPal | Maximum withdrawal per transaction is $60,000. Minimum withdrawal is $1. | Up to 2 business days |
Bank Transfers | Maximum withdrawal per transaction is $100,000. Minimum withdrawal is $1. | Up to 5 business days |
Here's a guide to depositing funds on DraftKings:
Withdrawing funds from your DraftKings account is a simple process. Here's a step-by-step guide:
Yes, DraftKings is a safe platform for online gaming and sports betting. The company operates within the regulatory frameworks of various jurisdictions where it's licensed, ensuring compliance with legal standards and player protection measures. They employ encryption technologies to safeguard user data and transactions, prioritizing the security and privacy of their users.
DraftKings places importance on prompt and effective customer support. Their sportsbook features a dedicated support team, readily available to handle inquiries or address any concerns users may have. Users can reach out via live chat, where the average response time stands at an impressive two minutes.
Alternatively, users can choose to email their queries to the support email address. While not the quickest method, as responses are generally received within the same business day As long as the query is not too complex, our recommendation is to use the 24/7 available live chat.
DraftKings has three different options for their customers to limit losses or to be sure they are not gambling beyond their means. We recommend mapping out what can be safely wagered and using any of the options available to be sure to keep your online wagering experience fun and safe.
Most of DraftKings Sportsbook promo codes or promo links are valid only for new users. By signing up for a new DraftKings account, they will match 20% first deposit up to $1000. The Bet $5 Win $150 is additionally a fantastic promotion.
Yes, DraftKings is a legal sports betting platform is legal in Arizona, Connecticut, Colorado, Indiana, Iowa, Illinois, Louisiana, New Jersey, Maryland. Michigan, New York, Ohio, Pennsylvania, Tennessee, Virginia, Wyoming, and West Virginia. Their platform is accessible through their mobile app and website.
You are not required to reside in the legal states to have and use DraftKings mobile betting app. All that is required is physical presence for locations services.
Bet minimums are under $1 on DraftKings. Depositing only requires a minimum of $5. DraftKings reserves the right to limit payout an on any one wager to $500,000.
Like any other online sports betting sites, you can access DraftKings online sports betting on your PC or mobile devices. DraftKings mobile app is available on iOS and Android.
Bank account, Paypal, Venmo or receiving a physical check or withdrawal at a casino cage DraftKings partner are all withdrawal methods.
While you are required to be in a legalized state to bet, you can withdraw funds from any location.
Yes, and they offer the most live betting offerings in the industry.
No, DraftKings Terms of Use prohibited a second account.
Operating Since | August 2018 |
Land Based Partner | Regulated States |
Website | Click to visit |
Banking Options |
Prepaid card
Skrill PayPal Wire Transfer PayNearMe Online Bank Transfer MasterCard Visa American Express |
Customer Support |
Email
Phone Chat Available 24/7 FAQ |
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