There aren’t too many sportsbooks that offer what DraftKings does. DraftKings has an incredible selection of games worldwide, plus the sportsbook boasts some of the best odds in town. Not to mention, their customer service is second-to-none! 

If you want to play fantasy football or basketball, DraftKings sportsbook is where it’s at. This review will look at the history, bonuses, markets, odds, customer service, and banking options. Keep reading to find out why this sportsbook is popular in the U.S betting and reasons to try it out!

History of DraftKings Sportsbook

DraftKings was founded by Jason Robins, Matthew Kalish, and Paul Liberman in 2012. The partners were both avid sports bettors who wanted to create a site that would allow them to place bets on all major sporting events.

They had been frustrated by the lack of online sportsbooks that offered live streaming videos of every game. Besides, they wanted to allow people to make predictions about upcoming games and then get paid when those predictions came true. The first product was the baseball competition. 

Bonuses & Promos

Just like other sportsbooks, DraftKings Sportsbook has different types of promotions both for new and existing customers. The offers are very enticing and attractive to wagers of different levels. Most of these promotions are available only to new players.

Different promotions and bonuses come with instructions that wagers must read and understand before placing their bets. Note that some promotions are state-specific. This means that you need to be keen enough to find promotions that suit your location.

The $1000 bonus

The most common type of promotion is free credits. It is usually given as a welcome bonus to new players. You can use this bonus to boost your bankroll and increase your chances of winning big. 

One such promotion by DraftKings is the $1,000 in the site credits promotion where you use the promo code WIN to get this offer. Ensure you create an account and use the offer while wagering.

Other requirements for the $1000 bonus

Once you’ve signed up for DraftKings, you’ll need to do the following

  • Deposit at least $5 in your account to activate the bonus
  • wagering demands a 25x play-through before you get the bonus which means you wager severally to get the bonus
  • Offer valid within the first 30 days of signup. 

Bet $1, Win $100 NFL promo

This is another promo that wagers should take advantage of. Bet $1, win $100. To qualify for the promo, you need to deposit at least $10 into your account and wager $20. Your total bet must be $30 or less.

You will receive 100% back on your initial bet if your prediction comes through. However, you won’t be eligible for any additional rewards.

Usually, such promos come on specific markets. For example, you might see a promo for the NBA playoffs.

Promotions are not limited to just one sport. In fact, there are more than 50 different sports that DraftKings offers.

Other than the initial bonuses, there are other ways to earn extra money through special promotions. For example, you may receive a certain amount of points after making a deposit. 

These points can be used to buy more credits. In addition, you may also receive a certain number of points after each bet is placed.

There are also exclusive contests and tournaments. Some of these are open to everyone, but others are only available to high rollers.

Where DraftKings is Offered?

DraftKings Sportsbook is one of the fastest-growing sportsbooks in the U.S, with over a million customers and more than $1 billion in bets placed per year. It is not offered in all the states, but it does have a presence in the following states.

Arizona, Colorado, Tennessee, Connecticut, Illinois, Indiana, New Hampshire, Iowa, Michigan, New Jersey, New York, Pennsylvania, Virginia, West Virginia, and Wyoming.

Each state has its own rules and regulations, so you should check your local laws before opening an account.

How to Access DraftKings Sportsbook

One of the easiest sportsbooks to use is DraftKings since it offers both mobile apps for iOS and Android devices and a web interface that can be accessed from any device connected to the internet. You can also access the site through a desktop computer or laptop.

The app version is available on Apple’s App Store and Google Play. The app is free to download and provides real-time odds updates, live scores, stats, and player news.

The website itself is straightforward to navigate, with options such as “My Account,” which allows users to view their betting history, bet types, deposit methods, withdrawal limits, and other information about their account.

How to register

The registration process requires basic personal information like name, address, phone number, email address, date of birth, gender, and country of residence.

It also asks for some financial details, including bank account type, routing numbers, account number, and the last four digits of the credit card associated with the account.

To verify the user’s identity, they’ll need to upload a copy of either a government-issued ID or passport.

Additionally, you must confirm and verify the account with a link sent to your email upon registration. This step is required to prevent fraudsters from registering multiple accounts under different names.

Once this is done, you’ll then place bets using the funds deposited into your account.

Wager Types and Odds

Wagering on DraftKings Sportsbook is simple. Once you’ve registered, you’ll find a list of sports and events along with the current odds.

You can choose between placing a straight-up wager or choosing one of the many exotic bets that DraftKings offers. These include:

  • Parlays- A parlay bet involves selecting two teams to win to earn more points than if you had simply picked them separately. For example, if you pick the New York Giants and Philadelphia Eagles to both win, you will receive 2.5x your stake for each team that wins. If they lose, you only get 1.5x your stake.
  • Moneylines- Moneyline betting allows you to place a wager on whether an event will end in a certain score. So, if you think the Dallas Cowboys will beat the Chicago Bears by more than 3 points, you can bet 100 dollars on the game-ending at -3 points or +3 points.
  • Total Points- Total Point betting is similar to Moneyline betting, except instead of picking which side will win, you’re picking how many points the total will be. So, if you believe the Denver Broncos will cover the spread against the Kansas City Chiefs, you could bet 100 dollars on it being 42 points or less.
  • Game Lines- Game lines involve predicting the final score of a specific matchup. You can also use this as a way to predict the winner of a particular game.
  • Point Spread- The point spread is the difference between the favourite’s and underdog’s line. This is used when there are no other factors involved, such as injuries.
  • Pools- Pools allow you to bet on multiple games simultaneously. It’s like playing several different games at once.
  • Props- Props are a type of prop bet that allows you to make predictions about things that have not yet happened. They are usually based on statistics but can also include things like weather conditions.
  • Futures- Futures betting involves predicting what will happen in the future. While most people don’t understand futures betting, they are pretty common.

Live Scores and Live Streaming

If you want to keep track of the action during a game, you can do so via the live scoring option. Here, you’ll see all the latest results and statistics from each team involved in the contest.

You can also stream the matches directly to your smartphone or tablet. Just click on the “Watch Now” button, enter your username and password, and you’ll be taken to the streaming page. 

For you to stream, you must have placed a bet within the last 24 hours.

Odds Boost

As it sounds, there are ways to increase your chances of winning when playing at DraftKings. You can boost your odds by increasing your stake size.

For example, say you wanted to double your odds of winning a $10 bet. Simply select the amount you wish to wager and enter the desired multiplier. Your new odds would now be 10x rather than 5x.

Sports to Bet On

DraftKings Sportsbook offers a broad market for wagers to choose from. In fact, there are more than 1,000 different sporting events listed on their website.

Here’s a quick look at what you can bet on:

  • American Football
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Equestrian
  • Fencing
  • Golf
  • Handball
  • Hockey
  • Judo
  • Lacrosse
  • Martial Arts
  • Motorsports
  • Rugby

Each market has different odds available, but you can always check the site for updates as well. The odds keep changing depending on the team’s and players’ condition. Therefore, when wagering, always check the odds before making a decision.

If you want to increase your chances of winning, find a sport that you like and wager on it regularly.

Banking 

Once you have registered your account, you can log in and deposit funds into your account. There are several methods to deposit funds:

  • Credit Card
  • Debit Card
  • Bank Account
  • PayPal

There are no fees associated with depositing funds. However, you will need to verify your identity through a credit card number or bank account information.

To withdraw any funds from your account, you will need to provide a valid form of identification. This includes a driver’s license, debit card, or credit card.

Note that some withdrawal methods take time to process. Deposits made using PayPal usually take between one and two business days to clear. Withdrawals made using Credit Cards may take up to five business days.

DraftKings Customer Service

DraftKings customer service is effective and efficient. They have an outstanding team of people that are always available to answer your questions, help you with any issues or concerns, and provide the best possible advice for your sports betting needs.

If you want to get in touch with them, they can be contacted via phone, email, live chat on their website, or through social media such as Facebook, Twitter, and Instagram.

This site is reliable when placing bets because of the efficiency, availability, and effectiveness of DraftKings’ customer service.

Other than customer care, the site also provides a betting guide to help you bet easily.

Pros

  • Quick deposits and withdrawals
  • Plenty of markets with high odds
  • An established American born company

Cons

  • Not in all the U.S States
  • Sportsbook promotions are few

Summary of DraftKings Sportsbook

In summary, DraftKings Sportsbook is the U.S favorite, with more states legalizing it than not. It has a $1 million guarantee on all bets and a great mobile app for users to bet from anywhere at any time.

With over 1000 markets, DraftKings Sportsbook offers some of the best odds available on any sport. They offer live betting and an array of different types of wagers, including parlays, teasers, props, etc. 

Various banking options are also offered, such as credit cards, eWallets, and PayPal. The site itself is elementary to navigate and understand. The layout is clean and straightforward, making it easier for new players to figure out how everything works.

I recommend this bookie if you want to play sports betting online in the United States.

DraftKings Sportsbook FAQs

Can I withdraw money when in any state?

Yes, you can cash out your account balance and transfer it to another site or bank account from any state.

Is there a minimum deposit?

No, there is no minimum deposit required for DraftKings. The only requirement is that you have an active player number. 

Can I bet with funds in my DFS account?

Yes, you can transfer the money to your sportsbook account and then place bets on your favorite sports.

How do I get started?

You can register by clicking here. You will need to create a new username and password. Once you’ve created your account, you can start playing immediately.

Do I need to be 18 years old to play at DraftKings?

Yes, the minimum age to play at DraftKings is 18 years of age. Other states link Arizona require you to be 21.