DraftKings

Customer Support 90%
Deposit Options 80%
Withdrawal Speed 90%
Bonuses 90%
Security 90%
User Experience 80%
DraftKings
0% OVERALL
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$200 in Free Bet
✦Bet $5+ on Any NFL Pre-Game
✦Super Futures
✦Profits for the People

OVERVIEW

Established in 2012, DraftKings quickly rose to the top of the daily fantasy sports rankings. It was launched out of one of the legendary sports capitals of the United States: Boston, Massachusetts. In the beginning, DraftKings focused on head-to-head baseball betting; in fact, its launch coincided with the beginning of that year’s MLB season.

Its popularity was immediate, drawing multi-million dollar investments over the following few years, helping it to establish itself as the name in daily fantasy sports alongside FanDuel. The two attempted to merge in 2016, but were swiftly shot down by the FTC due to the fact that, together, they would control over 90% of the daily fantasy sports market.

When the Supreme Court reviewed the legality of sports betting in 2018, it determined that each state could determine how to proceed for itself. Although it’s been slow going and sports betting has only been legalized in a handful of states, DraftKings is already available in 11 of them spanning the entire continental United States.

The DraftKings sportsbook is one of the most popular options on the Internet, drawing partnerships with the MLB, NFL, ESPN, Fox, NASCAR, the UFC, and EuroLeague basketball. DraftKings is now expanding into multimedia ventures, including a podcast hosted by Dan le Batard, following his departure from ESPN in 2021.

Sports betting at DraftKings is bigger now than it’s ever been and is likely to continue trending in a positive direction. Below, we’ll take a comprehensive deep dive into DraftKings’ features, including bonuses and promotions, betting markets, and cashier options.


✦ DRAFTKINGS’S BONUSES AND PROMOS ✦


Welcome Bonus

When it comes to promotions and bonuses, DraftKings offers one of the most well-rounded selections on the net. The first offer that you’ll have access to when you create your account is the DraftKings sign-up bonus.

This deal will match your initial deposit of $5 or more by 20%, up to a maximum amount of $1,000. You can use this extra cash to bolster your betting experience and make the most out of your first few wagers. This welcome bonus is the only DraftKings deposit bonus available.

However, DraftKings also gives its players access to Live Betting Profit Boosts, PrimeTime Prop bonuses, and a variety of tournaments. One of the best offers is the Refer-A-Friend deal, which will give you and a friend a free bet up to $100 when you recruit them to DraftKings’ platform.

Most of the promos you’ll find with DraftKings are on an opt-in basis and simply require you to select the green “opt-in” button to claim. However, there’s a spot for promo codes when signing up, as affiliated sites have individual codes. The most popular examples of bonus codes with DraftKings will offer you a free play or bet.

DraftKings State-Unique Bonuses

At the time of this writing, DraftKings doesn’t offer any state unique bonuses. All of the promotional offers and codes you see on the website under “promos” can be accessed from any legal state.

Below, we’ll outline which states allow users to play DraftKings. Sports betting is legal at the federal level in the United States, so participation in this pastime depends on specific state governments.

DraftKings Seasonal Promos

In addition, two of the biggest seasonal promotions that DraftKings offers are Pick ‘Em Tournaments and Survivor Pools. Both of these promotions will coincide with the biggest sport running at the time.

For example, you’re more likely to find baseball-related tournaments in the summer, whereas basketball and soccer tournaments can take place in the winter and spring. These tournaments will require you to place a long-standing bet for a chance to win site credit, also known as DraftKings (DK) Dollars.

New Customer Deposit Bonus

20% deposit bonus up to $1,000 for new customers.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

Refer-A-Friend Free Bet

Refer a friend to DraftKings, and both receive a $100 free bet.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

Prediction Pools

Get a 25% profit boost when entering a prediction pool – current NBA offer worth $15K.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

No Run First Inning Boost

Get boosted odds on select MLB games when neither team scores a run in the first inning.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

MLB Live Bet Profit Boost

25% profit boost on MLB live bets (on select days).

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

NBA Primetime Prop

Win a free bet when you bet on a player to score the first field goal in an NBA game and get your bet back up to $20 if he scores the 2nd or 3rd field goal instead.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

Wild Card Wednesday

Randomly issued odds boost on Wednesdays.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

Longshot Parlay Jackpot

Land the longest odds parlay bet of the week and win a $50K bonus in site credit.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

VIP & REWARDS

VIP

The DraftKings VIP program is one of the most exclusive in the entire online gambling industry. It’s difficult to pinpoint specific information on it without being a part of or contacting the VIP-specific helpline.,Its main advertisement includes a nearly minute-long video promotion that shows VIP members hanging out with sports-related celebrities and athletes at DraftKings events.,The reason that this program is so exclusive is that it’s on an invite-only basis. The only way to make your account eligible is to continue to participate in contests and tournaments, as well as to regularly use the DraftKings sportsbook. However, you’ll be able to bolster your chances of getting accepted into the program by already being a VIP member at another sportsbook.,If you have proper documentation, you can send an email to DraftKings explaining your status and providing proof. Please note that there’s no guarantee that this will cause you to become inducted into the VIP program immediately.

STATES

Legal and operational CO, IN, IA, MI, NV, NJ, PA, TN, VA, WV

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States in which you can bet legally with DraftKings

As mentioned, DraftKings is currently legal in 11 states. As states continue to advance legislation dealing with the legalization of sports betting, the list of states in which DraftKings operates is expected to grow.

SPORT TYPES

SPORTSBET TYPES
AUSSIE RULES
Spread, total points, moneyline, props, futures, outrights, live betting
BASEBALLRun line, total runs, moneyline, spread, props, outrights, futures, innings, live betting
HOCKEYPuck line, total goals, moneyline, props, correct scores, totals, futures, live betting
GOLFWinner, top 5, top 10, top 30, top 40, straight forecast, props, moneyline, outright, finishing position, live betting
SOCCERMoneyline, total goals, draw no bet, props, totals, futures, live betting, outright
FOOTBALLSpread, moneyline, total points, futures, live betting, props, parlays, teasers
TENNISMoneyline, Total Games, Totals Over/Under, Total Sets, Set Spread, Game Spread, Handicap, Match Winner, Outright Winner, Futures
UFC/MMAMoneyline, total rounds, props, round betting, live betting
MOTORSPORTSFinishing position, winner, top 5, top 10, props, futures, moneyline
CYCLINGRace Winner, Stage Winner, Matchups, various classification winners
BOXINGMoneyline, 3-way, total rounds, props
AUSTRALIAN RULES FOOTBALLSpread, total points, regular time, props, futures, outrights, moneyline, live betting
DARTSLeg spread, total legs, tie no bet, props, futures, correct score
RUGBY LEAGUEMoneyline, Regular Time, Spread, Total Points, Match Odds (3-Way), Total Tries, Half Time, Total Points 1st Half, Parlays, Live, Futures
RUGBY UNIONMoneyline, Spread, Match Odds (3-Way), Half Time, Live, Props, Futures
CRICKETMoneyline, outright, live betting
TABLE TENNISMoneyline, props, live betting
NETBALLMoneyline, futures
SNOOKERMoneyline, Futures
HANDBALLSpread, total goals, tie no bet, 3-way betting, live betting

DRAFTKINGS USER EXPERIENCE

DRAFTKINGS WEBSITE

The DraftKings website is one of the best-designed gambling sites you’ll find anywhere on the Internet. The design is sleek, easy to navigate, and catches the eye every time you log in.

Your account information is easily viewable at the top right of your screen at all times. You can even switch between the sportsbook, casino, and daily fantasy by selecting the appropriate option at the top left of your screen. All pages on the site are also accompanied by a small question mark icon that can be clicked on at any time for assistance.

Bonuses will be presented to you on the home screen as well as under the “My Account” menu. DraftKings brilliantly splits up their bonuses based on type (free bet vs. deposit, and others) rather than by market, which is incredibly helpful. Also, bright green “opt-in” buttons will make it simple to get started once you find a bonus you enjoy.

Another benefit to the website view of the platform is the A-Z list of all available sports to the left of the home screen. This is a perfect way for new players to get the hang of what the site has to offer while still remaining in full view of the day’s current odds, bonuses, and betslip.

DRAFTKINGS APP

Americans are on the go these days more than ever. With that in mind, it can be difficult to find the time to sit down and place a few bets. To help with this issue, DraftKings developed the DraftKings app for its sportsbook. Now, with only a few clicks, you can place a wager and be back to what you were doing in minutes.

The app is available for both iOS and Android devices and can be downloaded in Apple’s App Store and the Google Play store respectively. The DraftKings app features a sleek design that streamlines the already simple design of the desktop website. You can also access your account balance, place a deposit and initiate a withdrawal all from the palm of your hand.

DRAFTKINGS APP: THE PROS

Widespread availability

The app is available for both Android and iOS devices and also features one of the easiest downloading processes on the market for each.advantages

Takes advantage of mobile tech

The DraftKings app uses mobile tech-like location services to bypass the need for downloading extra geolocation software and therefore saving you time and hard drive space.advantages

Streamlined process

The betting process on the app is just as easy, if not easier, than betting on the website. With only a few clicks, you’ll be able to place a wager, making it perfect for the gambler on the go.

DRAFTKINGS APP: THE CONS

Different apps

The only main downside to betting with the DraftKings mobile app is that you need to be careful with which app you’re downloading, as there are different apps for the sportsbook and daily fantasy games.

DRAFTKINGS’S KEY FEATURES

Wild Card Wednesday

Wild Card Wednesday is one of the many excellent betting features on DraftKings that happens on a recurring basis. This one takes place on Wednesdays and consists of you receiving a randomly issued odds boost.

Refer-a-Friend Program

With the Refer-a-Friend program, you’ll be able to bring your buddies in on the action and both receive a boost. This boost will take the form of a free bet; the amount will depend on your friend’s initial deposit and can award up to $100.

Diverse Bonus Pool

Another unique aspect of DraftKings is how diverse its bonuses are. Most sportsbooks tend to cater to one or two different sports in their bonuses sections. DraftKings, on the other hand, offers deals that cater to all types of sports fans, making it a robust choice.

Widespread Availability

The legality of sports betting in the United States is still in its infancy. Many sportsbooks and casinos available to American players have stipulations when it comes to where you can bet from. That being said, DraftKings is one of the most widespread sportsbooks in the United States in terms of availability, with 11 states being eligible at the time of this writing.

CREATING AN ACCOUNT

Creating an account with DraftKings only takes a few minutes and contains four distinct steps. To initiate this process, you’ll need to click “sign me up” upon visiting the sportsbook’s website.

The first step, then, will be to set up your initial account details. This includes creating a unique username and password, as well as entering your email address. It’s on this page that you can enter a promo code. The next page will ask you to verify this information by entering your address, date of birth, and the last four digits of your Social Security Number.

You’ll then have to accept the site’s terms and confirm your SSN before entering the final step, which is confirming your location. This is to ensure you’re accessing the site from one of the states where it’s legal.

The states where it’s currently legal to access the DraftKings sportsbook are Colorado, Illinois, Indiana, Iowa, New Hampshire, New Jersey, Pennsylvania, West Virginia, Tennessee, Michigan, and Virginia.

Upon creating your account, you’ll gain access to the DraftKings sign-up bonus. This takes the form of a deposit bonus worth 20% of your initial deposit up to $1,000. You must deposit at least $5 and wager that money in the sportsbook. You’ll have 90 days to complete the wagering requirements before you risk the forfeiture of your bonus qualification.

BANKING AT DRAFTKINGS

Another critical aspect of a great sportsbook is its cashiering options. The following section of this review will take a close look at each aspect of DraftKings’ cashiering options and processes. Before we jump in, however, there are a few terms that are critical to understand.

The first term on this list is payout time. Payout time refers to the amount of time it takes for a withdrawal to process and includes the time it takes for wagers to be settled and winnings to appear in your account. Luckily, for DraftKings users, bets settle in a matter of hours, meaning you only have to wait for the payment itself to process.

The next two terms go hand in hand; they’re deposit options and withdrawal options. Both of these refer to the list of methods made available by a betting platform for depositing and withdrawing.

Typically, you’ll find more deposit options than withdrawal options. These methods range from credit and debit cards to banks and everything in between.

The final term you’ll need to know is spending control, which generally refers to the list of tools made available by a betting platform to regulate your gambling habits. These will be different depending on the platform that you use, but typically include deposit and loss limits, as well as timed self-exclusion.

DraftKing’s Deposit options

DraftKings also excels when it comes to the number of deposit methods available. These methods include online banking transfers, Visa, Mastercard, Discover Card, PayPal, cash (at nearby establishments), wire transfer, and Play+ card.

Payout times

Payout time refers to how long it takes payments to process and be delivered to your account (or wallet). This will obviously vary between withdrawal methods.

DraftKings guarantees payouts within six business days, though it usually doesn’t take that long. Bets settle in a matter of hours, so the time it takes for a wager to be won and money to show up in your account can take less than a week.

If you choose to withdraw with cash, the payout time is much quicker. However, the caveat, in this case, is that you have to live or operate near an affiliated retail location. Payouts in these cases can process within an hour, but that doesn’t account for travel time and costs.

Withdrawal options

Although DraftKings has many deposit methods available, you’ll only find three for withdrawals. These are bank transfers, check, and PayPal. Check withdrawals take the longest at up to three weeks.. The others average between two to five business days, once processed.

Spending control

DraftKings does a fantastic job when it comes to spending control and provides four separate tools to help you regulate your habits. The first of these tools is deposit limits, which can be set daily, weekly, or monthly and regulate how much you can deposit into your account.

PAYOUT

DEPOSITS

The processing time for nearly all methods, outside of wire transfers that take up to two business days, is instant. DraftKings also features a ridiculously low minimum deposit amount of $5, meaning that you can get into the action without having to break the bank.

The maximum deposit amount defaults to $20,000, but you have the option to change that when configuring your spending control settings.

To place a deposit, you must first click the bright green button at the top right of the home screen marked with the word “deposit.” Doing so will automatically prompt the geolocation software to make sure you’re where you say you are. Upon confirmation, you’ll be ported to the deposit window for the sportsbook and casino.

You can also switch to the deposit window for daily fantasy here. Next, you’ll need to select the deposit method that you prefer and select the amount. You’ll automatically have presets to choose from ($10, $25, $50, $100) or “other” where you can enter a custom amount, so long as it’s within the stated parameters.

Finally, you’ll be asked to input the appropriate verification info. This will vary depending on the method you’ve chosen. For example, if you’re using a credit card, you’ll need to put in the number and expiration date, whereas PayPal users will need to simply log in to their accounts.

Online Banking Transfer

This option is DraftKing’s recommended method, as it’s as fast and simple as linking your bank account to your site account – no card required.

Minimum deposit: $5.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

Play+ Prepaid Card

You’ll need to request, then wait for, a card to be mailed to you, but then you’ll be able to use it at any location that accepts Discover.

Minimum deposit: $5.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

Credit/Debit Card (Visa, Mastercard, Discover)

If you’d like to use one of these methods, check that your bank allows gaming transactions (certain banks, including Bank of America, Capital One and U.S. Bank, don’t).

Minimum deposit: $5

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

PayPal

You must first set up your PayPal account before using this method. During the deposit process, you’ll be directed to PayPal to log in and confirm the transaction.

Minimum deposit: $10.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

Cash at select locations

Speak to the cashier at your local participating Family Dollar, CVS, Dollar General, or 7-11 store to deposit using this method.

Minimum deposit: $10.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

Wire Transfer

This option is available with most banks -check with yours to ensure they don’t add extra charges.

Minimum deposit: $10.

Available in CO, IL, IN, IA, NH, NJ, PA, WV, TN, MI, VA.

WITHDRAWAL

Although DraftKings has many deposit methods available, you’ll only find three for withdrawals. These are bank transfers, check, and PayPal. Check withdrawals take the longest at up to three weeks.. The others average between two to five business days, once processed.

All of the available withdrawal methods sport a minimum amount of $20. To initiate a withdrawal, you’ll need to click on the drop-down arrow next to your user name and select “Account Information.” In this window, select “withdrawal” from the list to the left. Enter your desired amount, and then you’ll be asked to confirm your preferred method and the information related to that method.

Bank Transfer (ACH)

As long as your bank accepts transfers from gambling sites, you’ll be able to select this option.

Minimum withdrawal: $20.

Available in NJ.

PayPal

This option is available if you’ve already linked Paypal to your Draftkings account.

Minimum withdrawal: $20.

Available in NJ.

Check

Checks can be requested by anyone, as long as you’ve met play-through requirements. The check will be sent by either USPS or FedEx, depending on the amount.

Minimum withdrawal: $20.

Available in NJ.

PLATFORM SECURITY

DraftKings, as one of the largest names in online betting, naturally features some of the industry’s best security features. All confidential information provided through the website is protected by SSL technology.

The geolocation software that accompanies the platform ensures that the site stays within good standing with the law. In addition to direct platform security, we suggest that players have multiple options to protect themselves.

Similar to other sportsbooks like FanDuel, DraftKings operates with a temporary sports betting license. It’s also overseen and regulated by each state’s gambling revenue or gaming commission board. This ensures a full focus in each state so that no issues or glitches slip through the cracks.

Some great ways to do this include only playing on a private device, whether that be a desktop, phone, or tablet. Although your information is protected while using DraftKings’ services, you’ll want to make sure you’re careful with how many devices you’re using to log into your account as well as share personal information with. We also recommend that you periodically change your password at least once every three months. Make sure you’re choosing passwords that aren’t shared with other accounts.

Finally, a great way to ensure your safety while betting is to keep your antivirus software up to date. This prevents any keyloggers and keeps hacking scammers on their toes.

SPENDING CONTROL

With DraftKings, you’ll have wagering limits, which will regulate how much you can spend. Time limits can be set to keep track of how much you’re playing, and will automatically send you alerts or lock your account if you disobey the limitations.

Finally, max wager limits the spending on a single wager. You can access spending control options by going to your account menu at the top right of the home screen.

DRAFTKINGS’S HOLD

Hold refers to the cut of your wagers and winnings that DraftKings, or whichever platform you’re gambling with, takes. In the casino, you’ll find this in the form of RTP (return to player rate) in slot machines or “house edge” in table games. Gambling platforms must implement these types of cuts in order to make money, though it may be frustrating for players at times.,That being said, it’s always best to compare your potential new gambling sites to make sure you’ll make the most out of your wagers. DraftKings sports a hold, also known as juice, that’s spot on the industry average. This works out to 10%, or -110. In other words, you’ll need to bet $1.10 for every $1 you’d like to win.

EDITOR’S PICKS

DraftKings sportsbook provides a few key advantages that really set it apart from the rest of the competition. First and foremost, we have its selection of bonuses. Although the terms of these deals, such as the welcome bonus, may seem lackluster at times (only a 20% deposit bonus), DraftKings more than makes up for it in the sheer scope of its promotional offers.

Most sportsbooks will pigeonhole their bonus section to cater towards one type of sport. Luckily, DraftKings takes a diverse approach and mixes things up. Even the weekly bonuses, such as Wild Card Wednesdays, are different every week.

The site itself has virtually no technological hiccups, from graphics down to SSL security. When gambling with the app, however, this is pushed to the next level. Not only does DraftKings brilliantly translate its sleek site design to the mobile space, but it even improves on it in some ways. You only need a few clicks (or taps, rather) to place a bet.

You’ll also have access to one of the best overall selections of sports, leagues, and betting markets. With over a dozen events to choose from, ranging from incredibly popular sports like basketball and soccer to more niche events like darts, there’s no shortage of exciting opportunities to bet on. Niche markets allow you to make the most out of individual sports as well, with live betting taking the cake as a must-try feature.

When tallied up, there’s no doubt that DraftKings is one of the best, if not the best, sports betting experiences available to US players. Instead of taking our word for it, however, we recommend you get into the action yourself. Take advantage of the new customer deposit bonus or grab the Refer-a-Friend bonus if you already know someone who’s a DraftKings regular.

FAQS

DraftKings is one of the largest and most well-known betting platforms in the United States. You’ll be guaranteed a premium gambling experience alongside excellent service, a well-rounded bonus selection, and a wide selection of betting markets to choose from.

At DraftKings, the betting types you’ll have at your disposal will depend on the type of sport you’re wagering on. These types include spread, moneyline, outright, future, live, prop, and individual categories for each sport like “innings” for baseball or “puck line” for hockey.

There are many advantages to betting with DraftKings, including an excellent selection of sports, leagues, and markets, robust bonus opportunities, and one of the best mobile betting apps available.

The sign-up bonus for DraftKings is a 20% deposit bonus on your first qualifying deposit (min. $5) up to $1,000.

You can bet on over a dozen different types of sports at DraftKings. These sports are Australian rules football, baseball, basketball, boxing, cricket, cycling, darts, football, golf, handball, hockey, lacrosse, MMA, motorsports, netball, rugby, snooker, soccer, table tennis, and tennis. Each sport contains a multitude of betting leagues, with soccer having the most options (just shy of 90).

You can legally bet with DraftKings in Colorado, Illinois, Indiana, Iowa, New Hampshire, New Jersey, Pennsylvania, West Virginia, Tennessee, Michigan, and Virginia. As sports betting is federally decriminalized, keep an eye out for more states to join this list in the near future.

Wagers will settle within a matter of hours. However, the time it takes for you to receive your payout will depend on your chosen withdrawal method. The quickest by far is cash, which only takes a few hours to process. However, this requires you to go to a nearby affiliated retailer to collect. If you choose any of the two remote options, which are PayPal and bank transfer, it’ll take anywhere from two to six business days.

The minimum deposit at DraftKings is $5, which is a number shared by all of the available deposit methods.

The maximum deposit at DraftKings, also shared by all methods, is $20,000.

DraftKings features a juice that’s on par with the industry average of 10%. In other words, this juice can be written as -110, meaning you’d need to bet $1.10 for every $1 you’d like to earn