Our honest DraftKings review

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Stepping into the electrifying arena of sports wagers and daily fantasy leagues, DraftKings bursts onto the scene, dazzling with its flair for innovation and sheer adrenaline. Diving into this review, we're about to salsa through the vibrant tapestry of DraftKings, waltz back to where it all began, and cha-cha with its dazzling rise in the sports entertainment spotlight.

DraftKings

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<
>
Website
draftkings.com
Established
2019
Not available in
AZ, HI, ID, MT, SD, UT
Support
Bonus
100% deposit bonus up to $2000
Min deposit
$5
Min withdraw
$10
Mobile application
iOS, Android
Payment methods:
PlayPlus (E-Wallet)
Venmo (Mobile payment system)
Cash
American Express
Visa
Mastercard
PayPal (E-Wallet)
Apple Pay (Mobile payment system)
VIP Preferred (ACH Bank Transfer)
Wire Transfer
DraftKings

No bonuses from DraftKings are currently available in Virginia, but check out these similar offers!

Operator Logo
Welcome Bonus
100% Deposit Matches Up $1000 and 500 Free Spins
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.
Operator Logo
Welcome Bonus
Up to $1000 + $25 On The House
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.
Operator Logo
Deposit Match
100% up to $500 + up to 500 Free Spins
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.
Operator Logo
Welcome Bonus
$100 Money Back Guarantee*
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.
Operator Logo
Welcome Bonus
Up to $1000 + $20 Bonus On The House
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.
<
>

📖 Published on: September 18th, 2023

✍️ Updated: 10 months ago

⏳ 21 mins read

0.0 /5
Based on 11 critics

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Brief overview of DraftKings

Back in 2012, in the heart of Boston, Massachusetts, DraftKings wasn't just another blip on the sports startup radar. No, it was the brainchild of visionaries like Jason Robins, Matt Kalish, and Paul Liberman. Their dream? To build a stage where sports enthusiasts could immerse themselves in daily and weekly fantasy sports challenges, transforming each match into a chance and every prediction into a possible triumph.

As the years rolled on, DraftKings didn't confine itself to the realm of fantasy sports alone. DraftKings, ever the trailblazer, boldly extended its reach into the thrilling realm of live betting, where the pulse of the game synchronizes with the heartbeat of its passionate users, thereby affirming its unshakable position as an all-encompassing sanctuary for sports aficionados, offering not just fantasy sports but also the dynamic rush of real-time wagering.

 

DraftKings growth and expansion in the US

DraftKings' voyage throughout the United States has unquestionably been an exceptional odyssey. The inception of this remarkable journey was marked by the launch of its sportsbook in the state of New Jersey, yet this was merely the inaugural chapter in an enthralling narrative. With remarkable agility, the company rapidly expanded its presence, making a lasting impact in states like Connecticut, Indiana, Pennsylvania, and well beyond. This rapid geographical sprawl wasn't solely a consequence of the surging popularity of sports betting; it was a strategic symphony orchestrated through shrewd partnerships, strategic acquisitions, and an intimate understanding of the sports aficionado's psyche.

As the sands of time unfurled, by the year 2017, DraftKings had already corralled a staggering user base, an awe-inspiring eight million strong - a testament to its undisputed supremacy within the industry. The company's journey of growth weaves a intricate tapestry, enriched with threads of innovation, a steadfast dedication to prioritizing users in every aspect, and an unrelenting drive to provide the United States with nothing short of the most exceptional sports betting experience conceivable.

 

1
recommended
offer icon
Welcome Bonus
Up to $1000 + $25 On The House
gamblespot score
4.6 /5
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.

Is DraftKings sportsbook legal?

In the intricate realm of navigating sports betting legality in the United States, DraftKings shines as a platform that steadfastly prioritizes compliance and transparency. With an unyielding dedication to precision and an exhaustive focus on the finer details, the company painstakingly adjusts its operations to flawlessly synchronize with the intricate web of state-specific regulations.

In the intricate tapestry of sports betting legal landscape in the United States, DraftKings shines as a beacon of adherence to the highest standards of compliance and transparency. DraftKings' unwavering dedication unquestionably positions it as a paragon of reliability and trustworthiness within the extensive arena of sports betting, projecting a crystal-clear and unwavering image of dependability in the field.

 

States where DraftKings is legal

DraftKings' journey in the US has been nothing short of remarkable. Commencing with the momentous inauguration of its sportsbook in New Jersey, an event that served as the cornerstone for an extraordinary expansion, the company expeditiously broadened its influence across states such as Connecticut, Indiana, Pennsylvania, West Virginia, and New Hampshire, solidifying a robust and all-encompassing presence within each of these territories.

While navigating the intricate and ever-evolving landscape of sports betting legality in the United States, one can observe an increasing number of states wholeheartedly embracing this captivating form of entertainment. Within this shifting terrain, DraftKings, with its unwavering dedication to strict adherence to legal regulations and a proactive approach to exploring opportunities for further expansion, remains steadfastly positioned at the forefront of the sports betting industry. DraftKings, with its unwavering commitment, guarantees users across the nation a consistently exceptional and dependable betting experience.

DraftKings legal states image

DraftKings sportsbook eligibility requirements

To uphold the principles of fairness and security within its betting environment, DraftKings has put in place explicit eligibility criteria for its users. Upon delving into these criteria, their dual purpose becomes evident. Primarily, they uphold DraftKings commitment to adhering to both state and federal regulations, creating a secure and legally compliant betting environment. DraftKings unyielding commitment to transparency and dependability, as emphasized by these guidelines, essentially forms the cornerstone of the user experience on their platform.

 

Age requirements

To engage in the realm of betting on DraftKings, individuals must meet the minimum age of 21. This age prerequisite aligns with the prevailing regulations in the majority of states concerning sports betting and guarantees that users are making well-informed choices within a mature context.

 

Betting restrictions

DraftKings operates as a prime testament to diversity providing so many betting options to cater to the passions of avid fans. Yet, even amidst this arena of excitement and abundant opportunities, DraftKings unwaveringly maintains its dedication to enforcing vital restrictions, all with the aim of nurturing responsible betting practices.

These restrictions are not uniform but instead adapt to the regulations of each state and the specific sport or event you're interested in. For instance, certain states may have specific rules regarding college sports betting, while others impose caps on the maximum betting amounts.

DraftKings places responsible betting at the forefront of its mission, taking this commitment with the utmost seriousness. Steadfast commitment to promoting responsible wagering is evident in its substantial investment in educating users about the various limitations they might face, but still DraftKings provides a comprehensive range of resources and tools, equipping users with the ability to make informed and wise betting choices.

Through this all-encompassing approach, DraftKings aspires to foster a secure and enjoyable betting environment, with responsible wagering as its paramount concern.

 

Eligibility for bonus offer

DraftKings often rolls out enticing bonus offers, especially for new users. Let's take a welcome bonus as an example of such an offer. It is intended to provide newcomers with a warm introduction to the platform, however the T&Cs with other specific details of this bonus may vary depending on factors such as ongoing promotions, state regulations, and other considerations. For eligibility, users often have prerequisites to fulfill, like making their first deposit or wager. DraftKings prioritizes clarity in its promotional offers, detailing the terms so users are well-informed.

1
recommended
offer icon
Deposit Match
100% up to $500 + up to 500 Free Spins
gamblespot score
4.4 /5
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.

Top features at DraftKings

As a prominent player in the sports betting and daily fantasy sports arena, DraftKings offers an array of meticulously crafted features aimed at enhancing the user experience and sustaining the engagement of sports enthusiasts. Let's delve into it's top features:

  • Diverse betting options: DraftKings presents an extensive and comprehensive range of betting choices, encompassing everything from traditional moneylines and point spreads to more intricate futures and prop bets. This remarkable diversity ensures that both novice and experienced bettors can discover options that align with their preferences and betting strategies.
  • User-friendly mobile app: Acknowledging the growing trend toward mobile betting, DraftKings has ingeniously developed an intuitive and sleek mobile application. This mobile app faithfully replicates the website's features while being tailored for convenient betting on the go. Whether you're tracking live scores, placing bets, or managing withdrawals, you'll experience seamless and hassle-free interactions with the app.
  • Live betting excitement: One of the most thrilling features offered by DraftKings is the ability to engage in real-time betting as the sporting action unfolds. Live betting empowers users to place wagers mid-game, capitalizing on the dynamic odds that evolve with the game.
  • Daily fantasy sports contests: The hallmark feature that catapulted DraftKings to prominence remains a major attraction. Users have the opportunity to assemble fantasy teams across various sports and compete against fellow enthusiasts, with the potential to win prizes based on individual player performances.
  • Diverse sports selection: DraftKings proudly showcases an expansive assortment of sports, encompassing major US leagues like the NFL, NBA, and MLB, as well as international sports such as Premier League soccer and UFC. This extensive range ensures users have access to a myriad of betting events throughout the year.
  • Promotions and bonuses: DraftKings consistently introduces enticing promotions, bonuses, and exclusive contests. These offerings span from deposit bonuses to risk-free bets, enhancing the overall betting experience and providing added value to users.
  • Educational resources: Recognizing that not every user possesses an in-depth understanding of sports betting, DraftKings provides a wealth of educational resources. These resources include tutorials, comprehensive betting guides, and expert insights, all geared toward assisting newcomers in navigating the intricacies of sports betting.
  • A secure and trustworthy platform: DraftKings places the utmost importance on user security. Employing advanced encryption technologies and adhering to industry best practices, DraftKings ensures the protection of users' sensitive data and funds.
  • Community engagement: Beyond the realm of betting, DraftKings fosters a vibrant sense of community through interactive forums, engaging discussions, and friendly contests. Users have the opportunity to connect, share strategies, and participate in amicable challenges.

DraftKings website image

DraftKings premier features exemplify its steadfast commitment to providing a user-centric sports betting and fantasy sports experience. Whether you're in pursuit of excitement, strategizing your approach, or seeking camaraderie, DraftKings caters to a diverse spectrum of sports enthusiasts.

 

Pros and Cons

Pros

Diverse sports betting options

Intuitive mobile app

Multiple funding choices

Real-time betting

Cons

Some state-specific limitations

Bonus offers can vary by state

Not yet in every US state

Odds can fluctuate

 

DraftKings Mobile App

In the modern digital landscape, ensuring a strong mobile presence is absolutely crucial, and DraftKings has stepped up to the plate with its cutting-edge mobile application. Crafted with the contemporary user in consideration, the DraftKings mobile app seamlessly combines functionality, aesthetics, and user-friendliness, creating an ideal user experience.

As soon as you open the app, it's clear that meticulous planning has shaped its layout. The app's design is streamlined and intuitive, making navigation a cinch. Whether you're a seasoned bettor familiar with the intricacies of sports betting or a newbie just dipping your toes into the world of fantasy sports, the app caters to all with ease.

One of the standout features is the real-time betting option. As games progress and dynamics change, the app offers live updates, allowing users to place bets on the fly. The real-time feature, complemented by live score updates and comprehensive game statistics, guarantees that users remain at the epicenter of the excitement.

The app also seamlessly integrates all of DraftKings offerings. Whether you want to participate in daily fantasy sports contests, place a bet on your favorite team, or explore the latest promotions and bonuses, everything is just a tap away.

Security is paramount, and the DraftKings mobile app doesn't skimp on this front. Utilizing state-of-the-art encryption technologies, users can rest assured that their data and financial assets are well-protected. The deposit and withdrawal procedures are optimized, featuring a variety of payment choices, rendering the entire process effortlessly smooth.

Another noteworthy feature is the educational resources available within the app. From tutorials and betting guides to expert insights, users have a wealth of information at their fingertips, ensuring they make informed decisions.

DraftKings mobile app is more than just a betting platform; it's an experience. It delivers the excitement of sports betting and fantasy sports directly to your mobile device, ensuring you're perpetually connected, consistently informed, and ever-prepared to place that victorious wager.

How to sign up for a DraftKings sportsbook account

Embarking on the DraftKings journey is a straightforward process, designed to get you into the action as quickly and seamlessly as possible. Be it a devoted sports enthusiast or someone new to the world of betting, DraftKings ensures that the onboarding process is seamless and user-friendly for all.

 

Sign-up process

Starting your DraftKings adventure begins with a simple sign-up:

  1. Visit the platform: Head over to the DraftKings website or download the mobile app from your device's app store.
  2. Click on 'sign up': This button is typically prominently displayed on the homepage.
  3. Enter personal details: You'll be guided to input essentials like your name, email, birth date, and the final four digits of your Social Security Number. This data is vital for confirming one's identity and verifying adherence to age restrictions.
  4. Select a username and password: Opt for a distinctive username and a robust password to safeguard your profile.
  5. Location verification: Due to state-specific regulations, DraftKings will verify your location to ensure you're betting from a state where their services are legal.
  6. Agree to terms: Before finalizing the sign-up, you'll need to agree to DraftKings' terms of service and privacy policy.
  7. Confirmation: Once you've completed the above steps, you'll receive a confirmation email. Click on the link within to verify your email address, and voilà, your account is set up!

DraftKings sign in

 

Log in process

Once you've set up your account, logging in is a breeze:

  1. Access the platform: Open the DraftKings website or mobile app.
  2. Hit 'log in': Typically, you'll find this at the upper right section of the main page.
  3. Enter credentials: Punch in your username (or email address) and password.
  4. Two-factor authentication (Optional): For added security, DraftKings may offer two-factor authentication. If enabled, you'll receive a code on your registered mobile number or email. Enter this code to access your account.
  5. Dashboard access: Once logged in, you'll be directed to your personal dashboard, where you can view your balance, active bets, promotions, and more.

DraftKings log in

The entire process, from sign-up to logging in, reflects DraftKings' commitment to providing a hassle-free and secure user experience. Whether you're here to place a bet, participate in a fantasy contest, or simply explore, DraftKings ensures you're in the game in no time.

1
recommended
offer icon
Welcome Bonus
$100 Money Back Guarantee*
gamblespot score
4.2 /5
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.

How you can bet at DraftKings

DraftKings, celebrated for its comprehensive offerings and user-tailored approach, lays out a diverse array of betting opportunities, ensuring a satisfying experience for both newcomers and seasoned bettors alike. Whether you're seeking to make a straightforward wager on your beloved team or delve into the nuances of sports betting, DraftKings has you well taken care of.

 

Types of bets available

At DraftKings, the world of betting is expansive, offering a variety of bet types to suit different strategies and preferences:

 

Moneylines

One of the most straightforward bets, moneylines simply involve picking the team or player you believe will win. The odds represent the anticipated probability of different results.

 

Point spreads

Especially popular in sports like basketball and football, point spreads level the playing field between mismatched teams. Bettors are essentially wagering on the margin of victory or defeat.

 

Futures

These bets allow you to predict outcomes that will happen in the future, such as which team will win the Super Bowl or who will clinch the NBA MVP. They offer longer odds and potentially bigger payouts.

 

Prop bets

These wagers focus on particular occurrences during a match, independent of the game's ultimate result. For instance, you could bet on a particular player's total points in a basketball game or the number of touchdowns a quarterback might throw in an NFL match.

 

Over/Under (totals)

In this, bettors predict if the total score of both teams will exceed or fall short of a number determined by DraftKings.

 

Live betting

Bettors can make bets in the heat of the moment as the game plays out. As the game evolves, the odds can shift quickly, presenting ever-changing betting scenarios.

 

Sports available for betting

DraftKings prides itself on offering a diverse range of sports for betting, ensuring there's something for every sports enthusiast:

 

Major american sports leagues

This encompasses the NFL, NBA, MLB, and NHL. Whether it's regular season games, playoffs, or championship matches, DraftKings has it all.

 

Soccer

For the soccer aficionados, there's a world of betting awaiting, spanning from the English Premier League and La Liga to the grandeur of the UEFA Champions League and World Cup showdowns.

 

Golf

Whether it's the PGA Tour, the Masters, or the Ryder Cup, golf enthusiasts have a plethora of betting options.

 

Tennis

From Grand Slam tournaments like Wimbledon and the US Open to regular ATP and WTA events, tennis betting is comprehensive.

 

MMA/UFC

Mixed martial arts and UFC events are also available for betting, allowing fans to wager on their favorite fighters.

 

NASCAR, Formula 1, and more

Motorsports enthusiasts aren't left out, with a range of races and events available for betting.

 

Niche sports

DraftKings also caters to fans of sports like darts, cricket, rugby, and more, ensuring a holistic sports betting experience.

 

DraftKings offers a comprehensive betting platform, ensuring users have a plethora of options and information to make informed decisions. Whether you're a strategic bettor or in it for the thrill, DraftKings caters to every betting style and preference.

DraftKings odds and betting limits

DraftKings, in its commitment to providing a top-notch betting experience, offers competitive odds that cater to both casual bettors and high rollers. In its unwavering dedication to offering an exceptional betting experience, DraftKings provides dynamic odds that seamlessly adapt to real-time shifts in the sports world, ensuring that bettors are continuously informed. While the odds are a major draw, DraftKings also ensures that bettors have clarity on betting limits. The minimum and maximum bet amounts vary based on the sport, event, and bet type. These boundaries are crafted to accommodate a broad spectrum of bettors, from those inclined to modest bets to those with grander ambitions. It's wise to review the betting limits for a specific event before making a bet.

DraftKings odds and betting limits image

DraftKings funding options

Ensuring a seamless betting experience also means providing users with a variety of funding options. DraftKings offers a streamlined process for users to both deposit and withdraw their money:

 

Credit/debit cards

This popular and handy method accepts most of the leading cards.

 

Bank transfers

Users can directly transfer funds from their bank, allowing for higher deposit limits.

 

E-Wallets

Options like PayPal and Skrill are available, offering quick and easy transactions.

 

Cash

In some locations, users can deposit cash at the casino cage associated with DraftKings.

 

Prepaid cards

DraftKings also offers its branded prepaid card, which can be funded with various methods and then used for deposits.

Withdrawal methods are equally diverse, ensuring users can access their winnings in a manner that's most convenient for them.

Conclusion

DraftKings isn't your typical sports betting platform; it's a vibrant sports entertainment hub that's always buzzing. With a smorgasbord of betting options, competitive odds, and a user-friendly interface, it's clear that DraftKings has your enjoyment in mind.

DraftKings leads the industry with its unwavering commitment to transparency, its rigorous adherence to legal standards, and its dedication to keeping users thrilled.

In reality, DraftKings surpasses the role of a mere platform; it emerges as a vibrant force in the realm of sports entertainment, where each bet you place propels you into an exciting future.

1
recommended
offer icon
Welcome Bonus
Up to $1000 + $20 Bonus On The House
gamblespot score
4.3 /5
Must be 21+ and present in an eligible state. T&Cs apply. Gambling problem? Call 1-800 GAMBLER.

FAQ

Where is DraftKings legal?

DraftKings operates legally in several states across the US, including New Jersey, Connecticut, Indiana, Pennsylvania, West Virginia, and New Hampshire, among others. The platform ensures it adheres to state-specific regulations, offering a safe and legal betting environment.

What is DraftKings?

DraftKings is a renowned sports betting and daily fantasy sports platform. Founded in 2012 in Boston, Massachusetts, it offers users the opportunity to participate in daily and weekly fantasy sports contests across various sports and also provides real-time betting and sportsbook operations.

How does DraftKings work?

DraftKings allows users to engage in daily and weekly fantasy sports contests by drafting their teams across various sports. Participants can win money based on individual player performances. Additionally, DraftKings offers a sportsbook where users can place bets on a wide range of sports events, from traditional moneylines to intricate prop bets.

Who owns DraftKings?

DraftKings was founded by Jason Robins, Matt Kalish, and Paul Liberman. It started as a startup and has since grown into a major player in the sports betting and daily fantasy sports industry.

Author
Travis Asherton
Editor | Sports Betting Expert

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