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Sports Betting DraftKings Sportsbook
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DraftKings Sportsbook

DraftKings Sportsbook Review

Our rating
4.5/5
User rating No user ratings yet
Payout Ratio
Payout Speed 7 days
Licences AR, CO, CT, IA, IL, IN, KS, LA, MA, MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WA, WV, WY

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Overview of DraftKings Sportsbook

Established in 2012, DraftKings has become one of the leading sportsbooks in the U.S. It offers its bettors an extensive selection of sports and events, countless betting markets, an extensive loyalty program, and much more. Make sure to read this review until the end, because there’s a lot to discuss here.

Pros

  • Wide range of sports and events
  • Extensive betting options
  • User-friendly mobile app
  • Available in 26 states

Cons

  • Slow customer support
  • Limited promotions

Bonuses and Promotions

4/5
The bonuses and promotions on DraftKings are decent in our opinion, but a bit limited. Your first deposit rewards you with a 20% bonus and some free bets, while bringing friends can get you profit boosts depending on how much they deposit. Other than that, there are seasonal promos with limited durations, but just one was available at the time of writing this review.

Welcome Bonus

DraftKings rewards all new customers with $200 in bonus bets, issued as eight separate bets, $25 each. What you have to do to claim the bonus is deposit a minimum of $5 and place a bet with the same minimum amount. That’s your qualifying bet. Once settled, you’ll receive the bonus instantly, regardless of the outcome. This bonus is available in all 26 states where DraftKings holds licenses.   In addition to that, your first deposit gets a 20% bonus, up to $1,000. The bonus funds are site credits, valid only for use on DraftKings, and have no cash value. They can’t be withdrawn, transferred, or refunded. This bonus is available in all 26 states as well.  
Bonus Offer Code
Bonus Bets Bet at least $5 and receive $200 in bonus bets, regardless of the outcome of your qualifying bet No code needed
Deposit Bonus Deposit at least $5 and receive 20% up to $1,000 No code needed
Must be 21+. Please Gamble Responsibly. Visit //www.draftkings.com for promotional T&C. All promotions are subject to qualification and eligibility requirements. Rewards are subject to expiry.
 

Welcome Bonus Terms

The rewarded bets are valid for seven days. If you don’t use them within that period, DraftKings will void the reward. The bonus bets are not redeemable for cash, transferable, refundable, or included in any return of winnings. If you win one or more of them, only the profit from the winnings will be credited to your account.  
Terms Details
Wagering requirement (WR) N/A
Minimum qualifying deposit $5
Maximum bet limit No limit
Time to complete WR 7 days
Eligible betting markets All betting markets
Maximum payout N/A
  For the deposit bonus, DraftKings will release $1 of the bonus funds into your account balance for every $25 played. You need to complete this playthrough requirement within 90 days to release the whole bonus amount into your account. The bonus funds don’t expire and have to be wagered 1x before withdrawal.

Promotions for Existing Customers

Beyond the welcome bonus, DraftKings Sportsbook offers several promotions to keep regular customers engaged in the long run. If you bring your friends over, you can receive hefty bonuses with the Refer a Friend program, as well as enjoy different seasonal promotions.

Refer a Friend

If you invite a friend by sending them your personal referral link, you may get up to ten 100% profit boosts. The invited friend needs to sign up using your personal link and make a deposit of $25 or more. The size of their first deposit determines your bonus. You are limited to inviting five friends per promotional period.  
  • If they make a deposit of $25-$49, you’ll receive 2x 100% profit boosts.
  • If they make a deposit of $50-$99, you’ll receive 5x 100% profit boosts.
  • If they make a deposit of $100 or more, you’ll receive 10x 100% profit boosts.
  The maximum bet for each profit boost is $25, while the maximum additional profit you can make from the profit boost is limited to $275. This applies to net winnings only. Profit boosts are limited to a single use only and must be applied before you place a bet.  
Promotion Offer Availability
Refer a Friend Have a friend sign up with your referral link and receive up to ten 100% profit boosts IL, NY
NFL Pink ‘Em Pick the correct answers for a chance to win $5K each week All 26 states

  

VIP Program

DraftKings features a five-tier loyalty program known as Dynasty Rewards, which you automatically become a member of as soon as you sign up. All your bets earn you Crowns, which can be redeemed for different rewards at the Dynasty Store, and tier credits, which are used to qualify for one of the four upper tiers. Remember that the same Dynasty Rewards program also serves the Golden Nugget online casino, and the same Crowns and tier credits apply.   Hitting a certain tier threshold earns you the tier for the current year and the whole of the following year. There’s a total of five tiers, each with increasing benefits, promotions, and gifts, as well as milestone rewards along the way. As soon as you sign up, you start with the Bronze tier, while the other tiers are the following:  
  • Bronze – starting tier
  • Silver – 5,000 tier credits in a year
  • Gold – 25,000 tier credits in a year
  • Diamond – 90,000 tier credits in a year
  • Onyx – 175,000 is the requirement to be considered for the Onyx tier, but entry is through invitation only
  Each tier carries its unique set of perks:   Bronze Tier
  • Enjoy promotions at DraftKings and Golden Nuggets online casino
  • Redeem Crowns for free play
  Silver Tier
  • Receive four 2x Crown boosts of your choice each month
  • Earn Crown bonuses as you hit milestones with tier credits
  • Get a jumpstart for the next year with up to 500 tier credits
  • Enjoy tier-exclusive contests and promotions
  Gold Tier
  • Receive four 3x Crown boosts of your choice each month
  • Earn Crown bonuses as you hit milestones with tier credits
  • Get a jumpstart for the next year with up to 4000 tier credits
  • Enjoy priority customer support
  • Enjoy tier-exclusive contests and promotions
  Diamond Tier
  • Receive an annual gift of your choice
  • Receive five 3x Crown boosts of your choice each month
  • Earn Crown bonuses as you hit milestones with tier credits
  • Get a jumpstart for the next year with up to 15,000 tier credits
  • Get 24/7 chat support access
  • Enjoy priority customer support
  • Get access to exclusive live experiences
  • Get invited to Dynasty Signature Sweepstakes
  • You’ll be considered for a VIP host
  • Enjoy tier-exclusive contests and promotions
  Onyx Tier
  • Receive Onyx elite rewards of your choice
  • Receive five 4x Crown boosts of your choice each month
  • Earn Crown bonuses as you hit milestones with tier credits
  • Get a jumpstart for the next year with up to 15,000 tier credits
  • Get 24/7 chat support access
  • Enjoy priority customer support
  • Get access to exclusive live experiences
  • Get invited to Dynasty Signature Sweepstakes
  • You’ll be considered for a VIP host
  • Enjoy tier-exclusive contests and promotions
  DraftKings appreciates your efforts at other sportsbooks and online casinos and gives you the opportunity to match your status from other loyalty programs to a corresponding tier at Dynasty Rewards. The following loyalty programs and statuses are supported:  
Loyalty Status at Other Sportsbooks Matching DraftKings Dynasty Tier
Caesars Rewards DraftKings Dynasty Rewards
Diamond Gold
Diamond Plus  Gold
Diamond Elite Diamond
Seven Stars Diamond
MGM Rewards DraftKings Dynasty Rewards
Gold Gold
Platinum Diamond
Noir Diamond
ESPN Bet / PENN Play DraftKings Dynasty Rewards
Preferred Gold
Elite Diamond
Owners Club Diamond
FanDuel Player Club DraftKings Dynasty Rewards
Legend Gold
GOAT Gold
BetRivers (iRush Rewards) DraftKings Dynasty Rewards
10 Gold
Elite Diamond
Live! Casinos DraftKings Dynasty Rewards
Black Gold
Jade Gold
Chairman’s Club Diamond
If you don’t find your current loyalty program in the table listed on the DraftKings website, you may still be eligible for a tier match. You still have the option to submit a Loyalty Status Match Request to find out if you can apply your current status to a tier in DraftKings Dynasty.

Betting Markets and Odds

4.5/5
DraftKings’ selection of sports and betting options is wide enough to cater to beginners and experienced bettors alike. Football is the central point of the offer, but all major sports are included, as well as niche ones, with extensive betting options for each.

Featured Sports and Coverage

DraftKings Sportsbook includes over 20 sports and covers all major events. Football, baseball, and basketball are naturally the bettors’ top picks, but other top global sports, such as soccer, tennis, rugby, and MMA, feature extensive betting options as well.   Football covers the NFL, CFL, and college football. Baseball covers the MLB, as well as the Korean KBO, Japanese NPB, and Taiwanese CPBL. When it comes to basketball, you can bet on the NBA, Preseason NBA, WNBA, and all major European leagues. Tennis features an especially extensive coverage, with dozens of global events.   So far, there aren’t any esports options on DraftKings. This may not be a big drawback, but esports is a growing market, and it would be a good move to include it in the offer. This is something we’d appreciate to see on DraftKings in the future.

Odds

We could say that the odds provided by DraftKings Sportsbook are competitive, but within the realm of average. They’re decent, but may be a bit limiting for experienced bettors. This way, DraftKings is more appealing to a broad audience of casual bettors than to pros. However, there are frequent odd boosts for selected events, which makes it more enticing for pros.

Betting Features

4.5/5
DraftKings offers almost everything that the world of sports betting requires. Common types of bets available on the site include moneyline, point spread, over/under, props, parlays, same game parlays (SGP), futures, live betting, and more. Sport-specific types include teasers, half bets, and first-scoring play for football, Grand Salami, total hits+runs+errors, and home run props for baseball, and set betting, aces, and tiebreaks for tennis, just to name a few.

Live Betting

Live betting is available, and the offer varies according to season. The DraftKings mobile app tends to lag slightly during this time, but it was a solid live betting experience.

Live Streaming

DraftKings doesn’t stream individual events but has its own network that runs 24/7. It’s available both on its website and on any free live-streaming app.

Early Cash Out

Early cash out is available through the website’s My Bets and mobile app section. It’s available for selected events, pre-game, live, future, and parlay bets. The cash out amount depends on how the event unfolds after you place the bet. Early cash out can’t be used on bonus bets.

Bet Builder

Bet Builder is available on DraftKings and includes both regular and same-game parlays (SGP). It works smoothly and is quite easy to use. There’s even a calculator on the website where you can try out different odds to familiarize yourself with how a parlay works.

Banking at DraftKings Sportsbook

5/5
DraftKings offers a wide selection of payment methods and doesn’t charge any fees on transactions. Deposits are instant, while withdrawals take anywhere from an hour to several business days, depending on the method. All payment methods are listed in the table below. It should be noted that American Express is also available only in New Jersey.  
Payment method Min. deposit Max. deposit Min. withdrawal Max. withdrawal Payout
Visa
Mastercard
$5 $50,000 $1 $25,000 1-3 business days
Online Banking $5 $100,000 $1 $100,000 Up to 5 business days
PayPal $5 $15,000 $1 $60,000 Up to 2 business days
Apple Pay $1 $10,000 $1 $25,000 1 business day
Bank Wire Transfer $100 N/A $20,000 N/A Up to 2 business days
Cash at Cage $1 None None $100,000 1 hour
Cash at Retail Stores $1 $500 per day, $10,000 per month N/A N/A 1 hour
DraftKings Gift Card $1 N/A N/A N/A N/A
Electronic Gift Card $1 N/A N/A N/A N/A
Play+ Prepaid Card $1 N/A None $25,000 Up to 4 business days
Venmo $5 $2,999.99 per transaction, $5,999.99 per week $1 $20,000 Up to 2 business days

App and Mobile

5/5
The DraftKings mobile app is one of the best sportsbook apps we’ve tried. It’s well-designed, intuitive, and very easy to navigate. The black and green color scheme is charming and gives a nice background. It’s also highly rated on both Apple App Store and Google Play Store, with 4.7 and 4.5-star ratings, respectively. The same app combines both the DraftKings casino and sportsbook.   In terms of functionality, the app performs pretty well. There’s a normal amount of occasional lag, which is more or less inevitable, especially during peak hours. Other than that, loading time is mostly quick. The biggest issue we had was with the geolocation function. You may occasionally need to restart the app for it to work properly, but that doesn’t happen too often and is generally not something to worry about.   The app is fully equipped with everything you can also find on the desktop website. There wasn’t anything missing that we’d need to go back to the desktop website for, and everything was easy to find and worked well. Parlays are quite easy to set, both regular and same-game ones. Odds update in real time, and you can also activate dynamic odds on same-game parlays. Live betting experiences the most lagging, which isn’t unexpected considering how much of a burden such a dynamic feature is for the app. But despite that, it was still one of the best live betting experiences we’ve had on a mobile device.

How to Download the DraftKings Sportsbook App

  1. Visit the DraftKings Sportsbook website to register.
  2. Verify your account.
  3. Go to the App Store or the Play Store to find the DraftKings app.
  4. Install the DraftKings Sportsbook app and log in with your account details.

User Experience

4.5/5
Upon entering DraftKings Sportsbook, we’re greeted with a state-of-the-art home page where everything is where you feel it should be. The events and odds take a central spot, just below the promotion banner. Sports are listed on the left, different website sections are on top, and the login button and the bet slip are on the top right. All the additional info is down at the bottom of the page.   The sign-up and login button is located in the upper right corner and stands out from the dark background with its bright green color. The sign-up requires an email, a username, and a password, followed by personal details and the last four digits of your SSL for account verification. Overall, a reasonably easy process.   However, not all information is accessible without registering an account. This may put off committed bettors who want to know everything about a sportsbook before deciding whether to register there or somewhere else.

Licensing and Availability

4.5/5
In our opinion, DraftKings takes security matters seriously. It operates in 26 states, including Washington, D.C., and is licensed by a local authority in each. This makes it one of the major sportsbooks in the U.S. and one of the only four operating within the national capital. The available states, launching dates, and regulatory authorities are listed in the table below.  
State Launch Date Local License Holder
Arizona September 2021 Arizona Department of Gambling
Colorado May 2020 Colorado Gaming Control Commission
Connecticut May 2021 Department of Consumer Protection (DCP),
Mashantucket Pequot Gaming Commission (MPTNGC).
Washington, D.C. September 2024 The Office of Lottery and Gaming
Illinois June 2019 Illinois Gaming Board
Indiana September 2019 The Indiana Gaming Commission
Iowa February 2020 Iowa Racing and Gaming Commission (IRGC)
Kansas September 2022 Kansas Lottery,
Kansas Racing and Gaming Commission
Kentucky September 2023 Kentucky Horse Racing Commission
Louisiana January 2022 Louisiana Gaming Control Board (LGCB)
Maine November 2023 Maine Gambling Control Unit
Maryland November 2022 Maryland Lottery & Gaming Control Agency
Massachusetts March 2023 Massachusetts Gaming Commission
Michigan December 2019 Michigan Gaming Control Board
New Hampshire December 2019 New Hampshire Lottery Commission
New Jersey August 2018 Division of Gaming Enforcement (DGE)
New York January 2022 New York State Gaming Commission (NYSGC)
North Carolina March 2024 North Carolina Lottery Commission
Ohio January 2023 Ohio Casino Control Commission
Oregon January 2022 Oregon State Lottery (OSL)
Pennsylvania November 2019 Pennsylvania Gaming Control Board (PGCB)
Tennessee May 2019 Tennessee Sports Wagering Advisory Council
Vermont January 2024 Vermont Department of Liquor and Lottery
Virginia April 2020 Virginia Lottery
West Virginia August 2019 West Virginia Lottery Commission
Wyoming April 2021 Wyoming Gaming Commission (WGC)
  Also, it offers responsible gaming tools to help players manage their betting and keep it a safe and entertaining activity, and utilizes SSL encryption to protect players’ personal and financial data.

Customer Support

5/5
Draft Kings offers several customer support channels like email, live chat, phone callback, and help center. Overall, its customer support is good, though there are minor drawbacks.   We sent an email and got an instant automatic reply with a link to the help center. The reply from the actual support team arrived very quickly, within less than an hour. As for the live chat, you initially talk to a chatbot that asks you specific questions and directs you toward pages in the help center. Most of the time, this is enough to solve your issue, but if you insist on speaking directly to an agent, the bot informs you that an agent will contact you within 4 hours, which is quite a long time if you have an urgent matter. However, when we got to speak with an agent, they were friendly and helpful.   The help center on DraftKings is really worth the praise. It’s extensive and covers almost any topic a customer may be interested in. It’s also well-organized, intuitive, and easy to navigate. It even includes plenty of video guides, which are made in the style of online tutorials and are pretty explanatory.  
Method Details
Live Chat 24/7
Email [email protected]
Phone Support Callback is available on request through live chat
Help Center Detailed and easy to navigate

Our Verdict of DraftKings Sportsbook

There’s a reason why DraftKings is one of the top online sportsbooks in the US. Its selection of sports and events is truly extensive, and almost every possible betting market is available. On top of that, it’s available from your pocket, because its mobile app doesn’t lag behind the desktop version the slightest bit. The withdrawals can be a bit slow, as can its customer support, and the bonuses and promotions could’ve been more generous. So, there are downsides as well, but we can still confidently conclude that DraftKings deserves its place at the top.

DraftKings Sportsbook FAQs

Is DraftKings legit?

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Which states allow DraftKings?

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Does DraftKings have a mobile app?

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How long does it take to withdraw from DraftKings?

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How can I contact DraftKings support?

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Does DraftKings have an online casino as well?

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Player Reviews

Player Ratings

-/5

DraftKings Sportsbook Trust Index

Determining the trust index of an online casino involves assessing various factors such as licensing, encryption protocols, game fairness, payment security, and customer support responsiveness. The Trust Index serves as our primary metric for evaluating the trustworthiness, fairness, and overall quality of online casinos listed in our database.
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Sportsbook Information
Website:
Established: 2012
Payment Methods:
Visa
Mastercard
PayPal
Trustly
PayNearMe
Play+
Venmo
VIP Preferred
Apple Pay
Cash at Cage
Bank Wire Transfer
Languages:
English (US)
Compatibility: IOS, Android
Customer Support: Email, Chat, Live, Phone

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