DraftKings Sportsbook is regarded as one of the prominent name in the United States’s sports betting industry. The sportsbook is designated as a supergiant in delivering easy-to-use website experience, competitive odds, and an extensive sports betting choices.
DraftKings is a legitimate betting platform which is widely active and operational in 24 states of the United States and Canada. DraftKings was one of the first online sportsbooks to launch in the United States after the Professional and Amateur Sports Protection Act (PASPA) was repealed by the Supreme Court in May of 2018.
Let us find out in our comprehensive DraftKings Sportsbook Review whether it is a good platform for bettors or not. We will discuss the legality of its inception, the sign-up bonuses, and the features of the mobile app. So, this review will assist you in making a decision if you are considering using DraftKings.
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 provides plenty of NFL betting choices, such as over/under, moneylines, spreads, live betting, individual and team props, and spreads. Keep an eye out for Super Bowl promos in February and September coupon codes.
NBA Betting
Take advantage of a variety of NBA betting options, including daily player props, quarterly or halftime bets, total plays for every game, and moneylines and spreads. DraftKings is an exclusive partner of the NBA.
College Football
DraftKings Sportsbook offers an extensive set of college football betting markets featuring moneyline, spread, and total plays in addition to quarter-by-quarter or halftime bets and, when allowed, team/player props.
College Basketball
DraftKings Sportsbook brings you a robust collection of college basketball sports betting markets. This includes coverage of major games and smaller markets during the regular season, particularly during March Madness, as well as future bets all year long.
NHL Betting
Take advantage of a wide range of NHL betting opportunities during the regular season and playoffs, such as period-specific bets, team and player props, and moneyline, puckline, and total plays. Watch out for odds hikes and regional promotions.
MLB Betting
DraftKings offers MLB betting choices both before and during games, such as moneylines, runlines, and totals, as well as player and team props. Use the “Flash Bet” function for live streaming and betting during games.
Other Sports Leagues
Discover a wide range of sports outside of the major leagues: 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 International Leagues, International Competition, World Cup), Table Tennis, Tennis, Track & Field, Trotting, Snooker, Squash, Surfing, Winter Sports, and Volleyball, among many more sports.
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:
- DraftKings Sportsbook offers new users a $150 welcome bonus for betting $5 or more.
- New users must register for an account with DraftKings, make a deposit of at least $5, and put their first wager of at least $5 in real money on the site in order to take advantage of this promotion.
- You will get $150 right now in the form of six $25 bonus bets, regardless of how your wager performs. The bonus bets can be used on any market and have a seven-day validity period.
- You do not require a DraftKings promo code to participate in this promotion if you sign up through a banner on this page.
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 Users 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: [email protected]
- 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.