Offers you
Bonus up to :$200
New customers only | Commercial content | 21+ age limit | T&Cs apply
Limited offer!DraftKings Sportsbook Review in October 2024
by Tyler Doty |
9.0/10
A top US sportsbook
Live streaming with DraftKings Network
Generous welcome bonus
Top apps for iOS and Android
Odds not always the most attractive
Lack of promos for existing users
DraftKings is one of the most reputable and trustworthy sports betting sites operating in the US. The company was established in 2012 by three co-founders and focuses solely on fantasy sports. In May of 2018, PASPA was struck down, allowing legal online sports betting. DraftKings quickly entered this market, opening the first online sportsbook in New Jersey. This amazing sportsbook has a 34% market share and competes with FanDuel, with a 39.3% market share.
Offering exclusive bonuses, great odds, and live betting, DraftKings remains a leading choice for those in states like NY, IL, NJ, and PA. New customers from these states can benefit from an outstanding free bet offer of $200 with no required promo code. Sign up today to grab this offer and enjoy other bonuses like Parlay Profit Boosts.
Where is DraftKings available?
Many US states have since legalized online sports betting, allowing DraftKings to expand across the country. This trusted site provides services in multiple states, offering a safe way for sports enthusiasts to place bets and enjoy promotional offers. The most recent states to launch a DraftKings site include North Carolina and Vermont. Both of these launched in 2024 and have been quite successful. Residents from these states can benefit from the $200 right away!
DraftKings Global Rating
9.0/10
DraftKings Bonus
Best bonus
Bonus up to : $200
Withdraw : See the T&C's on site
Minimum deposit : $5
Type of bonus : Bonus on first bet
All new customers creating an account with DraftKings will be eligible for the welcome bonus. There is no promo code required. Users simply have to create an account and make an initial deposit of $5. With that deposit amount, bettors will place a $5 wager on any sports event listed. DraftKings will then award $200.
The bonus will be credited to your account immediately and each bet is valid for a period of 7 days. This provides a great way to place free bets without having to spend additional funds. Bonus bets can be used to wager on any sport and any amount that is won after the bet settles can be withdrawn from the account.
Check our DraftKings welcome bonus explanation for more info.
DraftKings Overview
Site
Gambling license : Yes
Site in English : Yes
Mobile app : Yes
Casino available Yes
Live streaming : Yes
Minimum deposit $5
Minimum bet : $0.10
App
Available on iOS : Yes
Available on Android : Yes
Casino app Yes
DFS app Yes
Poker app : No
Bets
Football pool : No
Parlays : Yes
Cash-out : Yes
Auto Cash Out : Yes
Partial Cash Out : Yes
E-sports : Yes
Odds
Live odds : Yes
Boosted odds : Yes
Over / Under : Yes
BTTS : Yes
Outright : Yes
Special bets : Yes
Customer service
Live-chat : Yes
Phone 8553572377
Contact : sportsbook@draftkings.com
Banking on DraftKings
To ensure customers always have a way to manage accounts, DraftKings supports the most trusted banking options. After registering for an account, click on Deposit to see a full list of supported options. Many of these can also be used to conduct a safe and fast withdrawal after earning payouts from settled bets.
Payment methods at DraftKings
Method
Payment available
Minimum
Maximum
Cost
Delay
$10
$100000
0%
Instant
$5
$25000
0%
Instant
$100
$100000
0%
Instant
$10
$100000
0%
Instant
$10
$100000
0%
Instant
$10
$10000
0%
Instant
$10
$100000
0%
Instant
Method
Payment available
Minimum
Maximum
Cost
Delay
$10
$100000
0%
1-2 hours
$20
$100000
0%
2-5 days
$1
$100000
0%
1-2 days
$5
$100000
0%
1-2 hours
$20
$20000
0%
1-2 hours
$5
$100000
0%
1-2 hours
The payment methods featured at this online sportsbook can safely be used to conduct transactions. DraftKings uses enhanced SSL encryption software to protect all details. This helps to prevent fraud and account hacking. The supported banking methods are used by millions of bettors across the US and have been proven to be safe and secure options for conducting real money transactions. DraftKings does have a minimum deposit requirement of $5.
- Visa
- Skrill
- Bank Transfer
- PayPal
- Mastercard
- Apple Pay
- Maestro
Deposit options on DraftKings
Adding funds to a DraftKings account is a simple process. With the best security measures in use, customers can be sure their money is always safe and their financial details are protected. To deposit to an account, just follow the steps outlined below. All deposits will be processed instantly and there are no added fees.
To deposit funds on DraftKings:
- Login using your username and password on a mobile device or at the DraftKings site.
- Click on Deposit to access the banking section of the site.
- Choose one of the supported deposit options and enter the amount. Verify the deposit by following the provided instructions.
- Check that the correct payment is selected and the amount to deposit is correct. Confirm the transaction and funds will be instantly available.
Withdrawal options on DraftKings
After winning bets, users can request a withdrawal from the account. This is a fast and safe process and DraftKings processes withdrawals 24 hours a day. Most withdrawal requests will be reviewed and approved within 1 hour, providing a fast transaction time. After approval, the withdrawn funds will be sent using the selected payment method. Be sure to complete the verification process before withdrawing. Here is how to complete a secure withdrawal from the DraftKings account:
- Login to the account using your username and password.
- Access the DraftKings banking section.
- Choose a withdrawal method.
- Select the amount to remove from the account and confirm the transaction.
DraftKings App Review
With so many bettors using mobile devices, DraftKings offers apps for Android and iOS users. These apps are 100% secure and provide a complete betting experience. The iOS app listed on the App Store has a 4.8 rating while the Google Play Android app has a rating of 4.6. Both apps have stellar reviews and customers have reported having a smooth and secure betting experience on a mobile device.
The app provides for fast and simple navigation with buttons to access sports, leagues, and promotions. Instantly access odds and market information when electing sporting events. The app also provides fast access to live betting, rewards, and more.
When it comes to bets, all types of bets can be placed from the app and users can even enjoy Same Game Parlays. There are pre-selected SGPs that often include enhanced odds. Customers are also free to select their own same-game parlay (SGP) bets. All bets placed will appear on the bet slip, which can be accessed at any time from the app.
Even more information about the DK Sportsbook app is available on our dedicated DraftKings app review page!
The DraftKings Site
When using to access DraftKings, customers can expect a smooth experience and fast loading times. The site offers a visually appealing design that is very easy to navigate. All of the sports supported will be listed to the right while the bet slip is located on the left of the screen. The site also offers useful tabs that can direct customers to banking, promotions, in-play betting, and more.
When clicking on a sport, the desktop site clearly displays all available games and odds for the different bets that are supported. This offers a fast way to find a preferred event, check the latest odds, and place a wager.
Sports betting with DraftKings
A great thing about DraftKings is the wide selection of markets. There are many sports offered including professional, college, and amateur events. Aside from having a large offering of sports, each sport will also offer leagues from all over the world. No matter what sport customers enjoy, there will be betting options at DraftKings. The site makes sure to cover all popular sports while also including niche sports.
Since there are so many sports available, DraftKings often offers special bonuses for certain sports in season. For example, during the MLB season, there will be offers for baseball betting and some great offers for the World Series.
Sports available with DraftKings
Football Tennis Basketball Rugby American Football Baseball Handball Volleyball Ice Hockey Ping Pong Motorsports Golf Athletics Cricket Formula 1 Cycling Rally Ski Olympic Games Rugby League Rugby Union Futsal Badminton Beach Volley Beach Soccer Boxing Darts MMA NASCAR Snooker Biathlon Water Polo Lacrosse
At DraftKings, there are always exciting games, matches, and events. The lengthy list of sports provides a solid betting experience and is one of the major advantages of betting at DraftKings.
DraftKings Football: NFL
When it comes to betting in the US, football is one of the most popular sports. At DraftKings, there are traditional bets for the NFL along with daily fantasy football options. When betting on football, there are some great bet types like parlays, moneyline, spread, and totals. There are also betting options for NCAA football games, so customers can cheer on their favorite college teams.
College Football
While NFL betting is very popular, NCAA betting also attracts a lot of attention at DraftKings. Before placing any bet on an NCAA football game, be sure to know the laws in the state. Some states do not all bets to be placed on any event that is played within the borders of the state. There may also be restrictions on placing player prop bets.
As for the NFL, all games throughout the season are covered as well as playoff games. The Super Bowl is one of the major sporting events of the year and at DraftKings, there will be special promos, great odds, and in-play betting for this anticipated game.
DraftKings Basketball: NBA, NCAAB, WNBA
Basketball is the second most popular sport when it comes to betting. With many games throughout the season and multiple events, there is endless action. DraftKings offers bets on all NBA games as well as complete coverage of the WNBA. When it comes to collect betting, enjoy wagering on teams as they head to March Madness, the most popular college basketball tournament played. Be sure to watch for special promotions for basketball bets like boosted odds or free bets.
DraftKings MLB
Baseball is America’s sport and it attracts many bettors. With over 140 games per team during the season, there are many opportunities to place wagers on popular teams. Having the chance to bet on 2,430 baseball games delivers amazing opportunities to win payouts. DraftKings has various bet types of baseball including point spreads, moneyline, parlays, and more. One thing to note is that with baseball, the point spread will always be 1.5 runs. The same bets are offered for the World Series, along with special promotional deals. This sportsbook has partnered with leading MLB teams like the Boston Red Sox, Chicago Cubs, and Colorado Rockies.
DraftKings NHL
Hockey is an exciting sport that is fast-paced and full of action. When betting on NHL games at DraftKings, there are many types of bets available. The point spread with hockey is known as the puck line and will be set at 1.5 goals. Hockey fans will be pleased to know that DraftKings highlights playoff games leading to the Stanley Cup. During this time, there are many special deals that can be claimed to enhance the betting experience. Live bets can also be placed on regular season games as well as for the Stanley Cup.
DraftKings Soccer
Soccer betting can prove to be lucrative and there are many leagues covered by DraftKings, Fans of this sport will be able to place wagers on the Premier League, MLS, Champions League, and Liga MX. Betting options include props, game lines, halves, futures, parlays, spreads, and more. Many soccer matches also offer the chance to benefit from same game parlays. During major events like the World Cup, the site will present special bonus offers that can include odds boosts or insurance bets.
Different types of bets with DraftKings Sportsbook
No matter what sports are selected, there will be a variety of bet types available. These can vary per sport. Some of the most common types of bets can easily be placed, including Moneyline, Spread, Totals, Props, Parlays, and Futures. DraftKings also supports Round Robin bets as well as teasers. Whether betting on a desktop or a mobile device, users will always be able to place their favorite types of bets.
- Futures
- Alternate Lines
- Round Robin
- Moneyline
- Point Spread
- Player Props
- Same Game Parlays
- Total Score
- Live Bets
- Teaser
In short, DraftKings offers its players all the most interesting and fun types of bets to play.
Same Game Parlays (SGP and SGPx)
One of the exciting options for betting at DraftKings is the same game parlay. This bet works like a standard parlay wager but customers can combine multiple outcomes when betting on the same game. Any sporting event that supports this bet will have an SGP icon.
DraftKings also offers a Quick SGP tab that will reveal pre-built SGPs. These will all be organized by odds, making it easy to find bets with short or long odds. For those who want to take things a step further, there are also same game parlay extra bets. With these, bettors will be able to bet on multiple outcomes on various games and have them all covered in a single wager.
DraftKings' Odds Provider
At DraftKings, all odds are provided by SBTech, a well-respected company that is a powerhouse behind online sports betting. Compared with other odds providers, such as Flutter used by FanDuel, SBTech continuously provides competitive odds to ensure DraftKings customers have some of the best opportunities to receive top payouts.
DraftKings Live Betting
Live betting at DraftKings, called in-play betting, allows users to place wagers as sporting events take place. There are many benefits to live betting, including being able to capitalize on the latest odds. Most in-play games supported at DraftKings are fast-paced, so the scores and stats are always changing. By placing live bets, bettors can take advantage of favorable odds during certain moments of a game,
The in-play betting section at DraftKings can be accessed on a desktop or mobile device and it provides a user-friendly interface. The real-time odds are always displayed along with any relevant statistics. This can help bettors choose the best bet for the best chances of generating profits. Each sport will have different betting options such as the next team to score, individual player performance, and the outcome of the game.
Fantasy with DraftKings
When it comes to fantasy sports, over 29 million people in the US engage in this type of betting. Of those, 78% of them play fantasy football. At DraftKings, fantasy football is a highlight and can provide an exciting experience. Any money earned from fantasy sports at DraftKings cannot be transferred to the account for the sportsbook in most US states. In addition to fantasy football, this site offers fantasy baseball, basketball, and others. While fantasy sports do require a time commitment, DraftKings alleviates that with the offering of daily fantasy sports.
Daily Fantasy (DFS) with DraftKings
Daily fantasy sports is seen as a game of skill and is not considered gambling in the US. The sports covered at DraftKings will change throughout the year, but there are usually dozens of options. For each sport, some contests can be entered and they each have a scoring system that is used. Some of the types of DFS games found with DraftKings include Guaranteed Prize Pools, Qualifiers, Head-to-Head, 50/50, Multipliers, and Leagues. It is important to know that DFS is not legal in all states. If customers reside in Montana, Nevada, Arizona, Louisiana, Idaho, Oregon, or Washington, paid DFS contests at DraftKings are not available.
Rules and Regulations with DraftKings
There are some specific betting rules and regulations in place at DraftKings. These can all be viewed on the website by accessing the terms and conditions. Here, we take a look at some of the key rules.
- All users must be at least 21
- Must be physically located in a state where DraftKings operates
- Minimum required bet is $0.10
- Only one account per person is allowed
Advantages of DraftKings
DraftKings is one of the most respected sportsbooks operating in the US. The site has proven to be trustworthy and delivers an amazing betting experience. There are some great advantages to being a member of this betting site. Take a look at some of the great perks of betting with DraftKings.
DraftKings Promotions
DraftKings is always offering exciting promotions for new and returning customers. For those who are getting started, the welcome bonus can be redeemed, providing a great way to commence a betting session. The site is always updating the list of promotions as most are sport-specific. Be sure to check the latest offers to find deals for Parlay bonuses, No Sweat Thursday offers, Loyalty Rewards, and more.
Live Betting
Live betting is one of the popular features of DraftKings and it can be enjoyed by any registered customer. Just head to the in-play section to see a list of all available live events. Here, customers can benefit from updated odds and will have a chance to bet at any time during a game.
Customer Service with DraftKings
The customer support team at DraftKings is excellent and they provide professional assistance at all times. Whether users have questions about betting or problems with an account, the support team can help. There are different ways to get in touch with the team, including:
- Live Chat: Available to answer questions 24/7
- Email: sportsbook@draftkings.com
- FAQ: help.draftkings.com/hc/en-us/categories/4405505460243-Sportsbook
Cash Out with DraftKings
The early cash out option is a great way to minimize losses. With this feature, a bet can be settled early. If an event takes a turn for the worse, users can cash out early to avoid further losses. This is a great way to lower risks and save a part of the initial bet. When this option is available, it will be visible on the bet slip. Just click on it to complete the process.
DraftKings A Safe and Secure Sportsbook
DraftKings operates legally in states that have legalized online sports betting. The site holds an individual license in each state where the site can be accessed. To ensure the protection of all members, DraftKings uses the latest security technology. All transactions are processed using SSL encryption software. The site also adheres to the gambling laws in each state. With top user reviews, fast and secure payments, and secure software, DraftKings presents a safe way to engage in online betting.
Sign up with DraftKings
As a leading sportsbook in the US, DraftKings provides a simple process for registering an account. This site is known for offering great odds, many markets, and some of the best promotions online. To benefit from the latest welcome bonus and start placing wagers on your favorite sports, read on to learn the steps for opening a new account.
- Visit the DraftKings website
- Provide all required information.
- Download the GeoComply plugin
- Make your first deposit
- Start playing!
- Visit the DraftKings website
- Provide all required information.
- Download the GeoComply plugin
- Make your first deposit
- Start playing!
This first step is of course quick and easy, as all you have to do is visit the DraftKings Sportsbook official website. Once you're on the home page, click on the white "Sign Up" button in the top right-hand corner of your screen.
A window will open with a place to enter your email address, choose a username and password, enter your phone number. You have the option to check the box which will allow DraftKings to send a text to the number you entered which we highly recommend as it adds an extra level of security.
Then click the “Create Account” button at the bottom of the page.
Rest assured that the details you provide in the official form will always be kept confidential and will never be shared with any third-party site.
These details will be solely used to send your sports betting winnings to you and to transfer money to your bank account. Therefore, there is no need to be concerned.
You'll need to fill in your personal details including first name, last name, date of birth, and address. Once you’ve filled everything out, click the green “Verify Identity” button at the bottom of the page.
Essential in proving that you’re accessing the sportsbook from a legal state is a geolocator application.
Every sportsbook is required to prove the location of anyone who accesses their services to ensure that they’re legally able to bet in their region.
This means that if you download DraftKings in your home, legal state and travel to another region of the country that hasn’t yet legalized sports betting, you won't be able to place any bets while you’re away, so plan accordingly!
The next step is to make your first deposit into your DraftKings Sportsbook account. To do this, click the green plus at the top of the screen next to your current balance, which should be $0.00. As we have already seen, you have various options for this, such as bank cards or e-wallets.
To reassure you, remember that these details are completely secure with DraftKings and will never be passed on to any other institution.
Once you've chosen your payment method, simply decide how much you want to deposit and validate the transaction. Don't forget that your first bet needs to be at least $5 in order to access the welcome bonus.
Browse through the grid list of relevant games on the DraftKings Sportsbook home screen and filter by sport or league to find the bet you want to place.
Once you find it, click on the bet cell to add it to your bet slip. Enter the wagering amount using the numeric keyboard and click "Place Bet" to submit your wager.
Now the exciting part of watching and waiting to see if your bet is a winner! If your bet wins, your winnings will be added to your account balance, which you can see in the upper right-hand corner of the app.
If your bet loses, your account balance will remain the same as your wager amount has already been withdrawn.
DraftKings is definitely one of the best sportsbooks in the US. Don't hesitate to create a player account if you don't already have one if only to take advantage of the magnificent welcome offer!
Review on DraftKings checked the October 2, 2024 by SportyTrader with an overall score of 9.0 out of 10.
