

This review is based on my hands-on experience using DraftKings across multiple legal U.S. states. I focused on how fast the app runs, how competitive the odds are, how smooth payouts feel, and how clear the terms really are; no guesswork, just what it’s actually like to use.
Why Trust our Reviews?
This DraftKings review draws from rigorous side-by-side testing across 40+ licensed U.S. sportsbooks and analysis of 40,000+ real user reviews. We examined everything from payout speed and odds competitiveness to transparency in bonus terms and the strength of responsible gambling tools. Our mission is simple: show you how DraftKings holds up where it matters most, security, fairness, and usability in 2025.

Our review of DraftKings Sportsbook is intended to provide a thorough, unbiased perspective based on available information. We uphold the principles of responsible gambling and encourage users to set limits, engage thoughtfully, and approach betting as entertainment rather than income. For those who need assistance with gambling-related concerns, please seek support from trusted resources.
👍🏼Pros & 👎🏼Cons
Facts & Features
Feature | Detail |
---|---|
Founded | 2012 |
Headquarters | Boston, Massachusetts |
Welcome Offer | Bet $5 and Get $200 in Bonus Bets! |
Min. Deposit | $10 |
DraftKings Betting App | iOS & Android |
Desktop | Yes |
Withdrawal Time | 1-8 days |
Payment Methods | Apple Pay, Bank Wire Transfer, Cash at Cage, Cash at Retail Stores, Credit/Debit Cards, DraftKings Gift Card, Electronic Gift Card, Online Banking, PayPal, Play+ Prepaid Card, Venmo, & VIP Preferred. In Ontario Interac is accepted |
Support | 24/7 Live Chat, Email, Phone, Social Media |
Leagues | 100+ NFL, NBA, NHL, MLB, etc. |
Available | AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS (app on site only), NC, NH, NJ, NY, OH, OR, PA, TN, VA, VT, WA (app on site only) WV, WY, Ontario |
Live Streaming | ✅ |
Same Game Parlay | ✅ |
Early Cashout | ✅ |
VIP Program | ✅ |
Unique Features | Same Game Parlay Extra, DraftKings Social, Custom Bet Requests ("Quick SGP"), Odds Boost Marketplace |
Bonuses & Promotions

A dynamic bonus system makes DraftKings one of the most active sportsbooks when it comes to promotions. From new user offers to daily boosts, loyalty rewards, and even a paid subscription model, there’s something for nearly every type of bettor. Below is a breakdown of the key bonuses and how they work:
Bonus Name | Description |
---|---|
Welcome Bonus | Bet $5, Get $200 in Bonus Bets (8 x $25). Must use within 7 days | Learn More |
Daily Odds Boosts | Enhanced odds on select sports markets and props, refreshed daily. |
Profit Boost Tokens | Tokens offering up to 100% boosted winnings on select bets (especially parlays). |
Parlay Insurance | Bonus bet back if one leg of a multi-leg parlay loses (terms apply). |
Event-Based Promos | Custom bonuses tied to major events like NFL playoffs, NBA Finals, etc. |
Dynasty Rewards | Loyalty program that issues Crowns and Tier Credits for betting. Includes casino perks and milestones. |
Refer-a-Friend | Earn bonus bets after your friend signs up and deposits. Bonus varies. |
Sportsbook+ Subscription | $20/month for exclusive boosts (10%–100%) on parlays and other enhanced betting features. |
Active Bonuses in July 2025
DraftKings MLS Season Pass Bonus
DraftKings Dynasty Rewards
DraftKings Refer-a-Friend: $50 Per Referral
How to Sign-Up
Follow this step-by-step guide to create an account with DraftKings Sportsbook
- Input Required Details:
- Full name
- Current home address
- Date of birth
- Email address
- Telephone number
- Last 4-digits of SSN
- Verification:
- Due to jurisdictional laws, DraftKings must adhere to anti-money laundering protocols and verify important information.
- If your identity doesn't get automatically validated, be prepared to provide additional documentation.
- This might involve scanning and submitting a valid state-issued ID. Ensure you have a mobile device on hand as you'll need to scan a QR code and your identification.
- Geo-Location Confirmation:
- Ensure you confirm your geo-location whenever you're using the platform.
- For desktop users, DraftKings requires the installation of a GeoLocater plugin to verify location.
- Two-Factor Authentication (2FA):
- Some states mandate the use of 2FA. If you're located in one of these jurisdictions, you'll be prompted to set this up for added security.
- Remember, these steps are in place to ensure the safety and legality of all transactions and activities on the DraftKings platform.
Sports & Leagues
Bet Types & Markets
DraftKings Sportsbook offers several bet types, each with its own rules, odds, and risk-reward profile. From simple picks like moneylines and point spreads to advanced formats like teasers and round robins, knowing your options helps you bet smarter. The table below breaks down key bet types with plain-language definitions, real-world examples, average odds, and potential returns on a $100 wager—so you can quickly compare and choose the right strategy.
Bet Type | Description / Example | Avg Odds* | Difficulty | Est. Return ($100 Bet) |
---|---|---|---|---|
Moneyline | Pick the outright winner. Example: Eagles -150 vs. Giants +130 | -150 to +200 | Low | $66.67 to $200+ |
Point Spread | Bet on margin of victory. Ex: Eagles -6.5 means they must win by 7+ points | -110 | Medium | $90.91 |
Totals (Over/Under) | Wager on combined score. Ex: Over 46.5 points in Eagles vs. Giants game | -110 | Medium | $90.91 |
Same Game Parlay | Combine multiple picks from one game. Ex: Eagles win + Hurts TD + Over 46.5 | +400 to +1500 | High | $400 to $1500 |
Quick SGP Picks | DK auto-suggests high-potential same-game parlays with preset legs | +300 to +1000 | High | $300 to $1000 |
Futures | Long-term bets like Super Bowl winner or MVP | +500 to +5000 | High | $500 to $5000+ |
Live Bets | Wager on games in real-time as odds shift | Varies | Medium | Varies |
Flash Bets | Bet on next play or drive. Ex: Next drive results in FG | +200 to +1000 | High | $200 to $1000+ |
Teasers | Adjust point spreads in your favor for reduced payout | -120 to -130 | Medium | $76.92 to $83.33 |
Round Robin | Covers all combo bets in a parlay. Ex: 3 teams = 3 2-leg parlays | Varies | High | Varies |
First TD Scorer | Pick who scores first. Popular in NFL & NBA | +600 to +2500 | Very High | $600 to $2500 |
No Sweat Bets | Risk-free promos; if you lose, get bet credit back | -110 | Low | $90.91 or refund |
Props (Player) | Bet on stats: Hurts Over 1.5 TDs, Embiid 30+ points | -110 to +300 | Medium | $90.91 to $300+ |
Team Specials | Custom boosts: Eagles to win + 3+ sacks | +400+ | Medium | $400+ |
Period/Quarter Bets | Bet on outcomes for 1st Q, 2nd half, etc. | -110 to +200 | Medium | $90.91 to $200+ |
Winning Margin | Predict exact margin band. Ex: Eagles by 7–12 points | +300 to +600 | High | $300 to $600 |
Scorecast | Bet exact final score. Ex: Eagles 31–24 | +10000+ | Very High | $10,000+ |
Exacta (Multi-Sport) | Predict top 2 teams in correct order (used in golf/NASCAR/soccer too) | +1000 to +5000 | Very High | $1000 to $5000 |
Double Result | Predict halftime & final result. Ex: Eagles lead at half & win | +300 to +600 | High | $300 to $600 |
Pools & Missions | DK-exclusive pools: Enter contests by picking winners, earn prizes or credits | Varies | Low-Med | Varies (fixed rewards) |
*Note: Odds and payouts vary by sport, market conditions, and user location.
Odds Comparison
DraftKings offers American odds by default, with decimal and fractional options available. Odds are set in-house, not by third-party providers like Kambi, giving DraftKings more flexibility in pricing and promo markets.
The average vig is around 4.5%–5.5%, which is standard for U.S. sportsbooks. DraftKings often matches BetMGM and FanDuel on pricing. Overall, odds are competitive, especially for the NFL, NBA, and custom props.
DraftKings vs. Top U.S. Sportsbooks
Event / Market | DraftKings | FanDuel | BetMGM | Fanatics | Caesars |
---|---|---|---|---|---|
Super Bowl 60 Winner: Eagles | +650 | +700 | +650 | +700 | +675 |
NBA Championship: Thunder | +140 | +150 | +140 | +145 | +150 |
MLB World Series: Yankees | +900 | +950 | +900 | +925 | +950 |
NFL Week 1: Chiefs -3.5 vs Bills | -110 | -108 | -110 | -109 | -110 |
NBA Game: Lakers Moneyline vs Celtics | -145 | -140 | -150 | -142 | -145 |
- DraftKings odds align closely with BetMGM and Caesars for standard lines (moneyline, spread, totals).
- FanDuel and Fanatics often provide slightly better pricing on futures and select point spreads, particularly in NFL and NBA markets.
- Bettors seeking the best line value should compare sportsbooks side-by-side before placing a bet, as minor differences in odds can significantly impact long-term profitability.
Payments & Withdrawals
DraftKings Sportsbook offers an array of payment solutions, catering to its players' varied banking preferences. Users have access to multiple deposit methods, although the availability of these options depends on their geographical location and the specific DraftKings product they are using. This flexibility allows DraftKings to accommodate its users' diverse financial needs while also adhering to regional financial regulations.
Name | Deposit | Withdraw | ||||
---|---|---|---|---|---|---|
Time | Min | Fee | Time | Max | Fee | |
![]() ACH/eCHECK | 0-1 day | $10 | 0.75% | 1-3 days | $5,000 | 0.75% |
![]() American Express | 0-1 day | $10 | 1-3% | 1-5 days | $50,000 | 1-5% |
![]() ApplePay | 0-1 day | $10 | 0 | 1-3 days | $10,000 | 1.5% |
![]() VISA | 0-1 day | $10 | 1-4% | 2-7 days | $50,000 | 1-6% |
![]() Bank Wire Transfer | 1-5 days | $50 | 0 | 1-7 days | $100,000 | $30-$50 |
![]() PayPal | 0-3 days | $10 | 1.5-3.9% | 2-7 days | $60,000 | 1.5-3.9% |
![]() Paynearme | 0-2 days | $10 | 0 | N/A | N/A | N/A |
![]() PaysafeCard | 0-2 days | $10 | $1-$6 | 3-5 days | $5,000 | Varies |
![]() Cash at Cage | 0-1 day | Varies | 0 | 0-2 days | Varies | 0 |
![]() Cash at Retail Stores | 0-1 day | $10 | Varies | 0-2 days | $1,000 | Varies |
![]() DraftKings Gift Card | 0-1 day | $25 | 0 | N/A | N/A | N/A |
![]() Play+ | 0-1 day | $5 | 0 | 1-7 days | $25,000 | 1-5% |
![]() Venmo | 0-1 day | $10 | 3% | 2-5 days | $10,000 | 1.75% |
![]() VIP Preferred | 0-1 day | $5 | 0 | 1-5 days | $100,000 | 1-5% |
![]() Mastercard | 0-2 days | $10 | 1-3% | 2-7 days | $50,000 | 1-5% |
![]() Discover | 0-1 day | $10 | 2-5% | N/A | N/A | N/A |
![]() Interac | 0-1 day | $5 | 0 | 1-3 days | $3,000 | 0.1-1.75% |
Customer Support
We tested DraftKings’ customer support at four different times throughout the day to evaluate speed and reliability. The platform uses a chatbot for initial queries, followed by live agent escalation. While the bot replies instantly, agent wait times are slightly longer than at some competitors. Still, responses were helpful and clear.
DraftKings Customer Support Test Results
Time of Contact | Bot Response Time | Time to Reach Live Agent | Time to Resolution |
---|---|---|---|
08:30 AM | Immediate | 7 min 30 sec | 8 min 05 sec |
12:45 PM | Immediate | 7 min 55 sec | 8 min 20 sec |
06:15 PM | Immediate | 7 min 40 sec | 7 min 58 sec |
10:45 PM | Immediate | 8 min 00 sec | 7 min 40 sec |
DraftKings also offers email support and maintains active social media channels, though live chat is the most efficient way to resolve issues.
Contact Customer Support
DraftKings Casino, DFS, DK Horse



Product | Who Can Play? | Where It’s Live* | Need-to-Know Highlights |
---|---|---|---|
DraftKings Casino | 21+ | CT, MI, NJ, PA, WV | Over 800+ games including slots, blackjack, roulette, and live dealers; unified wallet with sportsbook; no download required on desktop or mobile. |
DraftKings Daily Fantasy Sports (DFS) | 18+ (19 in AL, 21 in AZ, IA, LA, MA) | Available in 40+ states; not available in CT, HI, ID, MT, NV, OR, WA | Includes classic salary-cap contests, best-ball, pick'em, and showdown slates; low entry fees starting at $0.05; massive guaranteed prize pools during NFL season. |
DraftKings Horse Racing (DK Horse) | 18+ or 21+ (varies by state and app used) | Standalone DK Horse app: Live in 20+ states including CA, FL, KY, MD, NY, OH, PA, TX; not available inside the sportsbook app | Wager on Win/Place/Show, Exacta, Trifecta, and more; live video streams from top U.S. tracks; separate app and wallet from sportsbook/casino. |
Responsible Gambling & Security
DraftKings promotes safer play through proactive tools and secure platform design. In addition to complying with all state-mandated responsible gambling requirements, DraftKings has built its own "Safer Play" program to provide education, limit-setting tools, and direct support access.
Responsible Gambling Tools
Tool/Resource | Description |
---|---|
Limit-Setting Tools | Set daily, weekly, or monthly deposit and spending limits to control betting activity. |
Cool-Off Periods | Temporarily suspend account access for a user-defined time period (e.g., 24 hours to several weeks). |
Self-Exclusion | Voluntarily lock yourself out of your account for extended periods (up to 5 years) via each state’s exclusion program or DraftKings directly. |
DK Safer Play | A dedicated responsible gaming portal with support resources, warning signs, and interactive self-assessment tools. |
Opt-Out Program | Easily unsubscribe from marketing emails and promos via account settings or by contacting support. |
From a security standpoint, DraftKings uses industry-standard data protection, including strong encryption and two-factor authentication, to keep accounts and financial data secure. Below is a breakdown of the responsible gaming and security features currently offered:
Security Feature | Description |
---|---|
State Compliance | Fully licensed in each state of operation, meeting all regional regulations for sportsbook and casino conduct. |
Data Protection | Encrypted using SSL (Secure Socket Layer) technology; all user information is transmitted securely. |
Strong Authentication | Optional two-factor authentication via one-time passcode (OTP) to strengthen account access control. |
Web Safety | HTTPS-enabled website with visible browser padlock icon, confirming encrypted, secure browsing. |
System Defense | DraftKings employs a layered cybersecurity strategy, including intrusion detection and prevention systems, though full technical details remain confidential. |
DraftKings Timeline (2012-2025)
Year | Milestone |
---|---|
2012 | DraftKings launched by Jason Robins, Paul Liberman & Matt Kalish from a Watertown, MA apartment, igniting the DFS movement. |
Aug 2018 | Debuts its first legal mobile sportsbook in New Jersey following PASPA’s repeal, marking DraftKings’ transition into regulated sports betting . |
Apr 2020 | Goes public via SPAC merger with Diamond Eagle Acquisition Corp. and SBTech; begins trading as DKNG on Nasdaq . |
Sept 2020 | NBA Hall of Famer Michael Jordan joins as board advisor and investor, underscoring DraftKings’ cultural and strategic influence . |
May 2022 | Launches DK Horse, a standalone horse-betting app in partnership with Churchill Downs, expanding its wagering services . |
Mar 2023 | Introduces Sportsbook+ subscription: $20/month gives users boosted parlay odds, an industry first . |
2025 | Operating across 25+ states in sportsbook, 5 casinos (NJ, PA, MI, WV, CT), DFS in 40+ states, and 20+ states for DK Horse; exceeds $4.7B in annual revenue. |
FAQs
General Information
What is DraftKings?
DraftKings started in 2012 as a daily fantasy sports platform and transitioned into a significant online sportsbook in the U.S.
It became publicly listed on the Nasdaq Stock Exchange in 2020.
Who is associated with DraftKings?
NBA icon Michael Jordan joined DraftKings in September 2020 as both an investor and board advisor.
Where is DraftKings headquartered?
The company headquarters is in Boston, Massachusetts.
Account & Registration
How do I register with DraftKings Sportsbook?
Visit the DraftKings Sportsbook website, click on 'Sign Up', and follow the registration process.
What details are required to sign up?
Full name, home address, date of birth, email, phone number, and last four digits of your Social Security Number (SSN).
You may be required to provide additional information.
Is geo-location verification required?
Yes, users need to confirm their geo-location whenever using the platform.
What is Two-Factor Authentication (2FA) and is it mandatory?
Some states require 2FA for added security. If located in these jurisdictions, users will be prompted to set this up.
Betting & Odds
What is the minimum deposit?
The minimum deposit is $5.
What is the welcome offer?
Deposit a minimum of $5 and place a bet of $5 or more to receive $150 in Bonus Bets.
Can I bet/play outside the U.S.?
Currently, DraftKings offers sports betting in Ontario, Canada.
How does DraftKings determine its odds?
DraftKings determines its odds via the SBTech platform, aligning with industry standards.
Payment & Banking
What payment methods does DraftKings accept?
Accepted methods include Apple Pay, Bank Wire Transfer, Cash at Cage, PayPal, Venmo, and more.
How long do withdrawals take?
Withdrawals are continually processed with some coming in minutes. DraftKings states you could wait up to 5 days for their processing.
Your chosen withdrawal method may also add more time for its processing.
Mobile App
Is there a mobile app for DraftKings?
Yes, DraftKings offers a mobile app accessible on both iOS and Android.
Support & Assistance
How can I contact DraftKings?
DraftKings provides 24/7 Live Chat, email support, phone voicemail, and social media assistance.
Learn more about the best sportsbooks in the U.S.:
Top 7 DraftKings Competitors
FanDuel Bet $5 Get $150
- Availability across most of US legal states
- Competitive odds & diverse markets
- Attentive customer service
- Extensive list of Same Game Parlay's
- Some users have reported slow app loading speeds
- Geo locate sometimes unreliable
- Wagering requirements on bonus offers can be difficult for new users
BetMGM First Bet Offer $10 Get $150 in Bonus Bets. Code:
- Available in 21 states, D.C. and Ontario, Canada
- Highly competitive odds
- Major partnerships with teams/leagues leading to exclusive promotions for users
- RG tools can be set by the user including deposit/time limits
- Wagering requirements on bonuses can be difficult for new users
- BetMGM Rewards requires excessive betting to advance the tiers
ESPN Bet: Bet $10 Get $100 And ESPN+
- Extensive reach across the United States.
- Unmatched fan engagement thanks to ESPN media and sports coverage.
- Many responsible gambling tools enabling users to set limits.
- Odds are often times less competitive than other U.S. Sportsbooks.
- Wagering requirements on sports bets can be difficult especially for new bettors.
- Customer support takes a long time during the evening hours (ET).
Caesars Bet $1 Double Your Winnings Your Next 10 Wagers Up to $25 Max Bet. Code:
- Very popular rewards program.
- Many responsible gambling tools enabling players to set limits.
- Wagering requirements on sports bonuses are straightforward.
- Odds sometimes fall short from other sportsbooks.
- Limited live streaming options.
BetRivers 2nd Chance Bet Up To $250. Code:
- Good live streaming of major sports.
- Numerous promotional offers.
- Available in many U.S. states.
- Competitive odds.
- Some users have had trouble with payouts.
- Outdated website and app design.
- Betting app connectivity issues.
Fanatics Bet $50, Get $250 in Bonus Bets
- Excellent league coverage
- Popular FanCash Program
- Wide availability across the US
- Self regulating responsible gambling tool
- Mobile app glitches and connectivity issues
- No desktop sportsbook option
Hard Rock Bet Bet $5 Get $150 in Bonus Bets Instantly
- Attentive customer service.
- Unique Flex Parlay betting market.
- Set of Responsible Gambling Tools for Bettors' Self-Governance.
- Limited availability in the U.S.
- Odds sometimes shorter than competition.
Meet our Experts

Paruyr Shahbazyan started his business career as an entrepreneur in 2000. Over 13 years, he learned business and leadership, which laid the foundation for his career.
In 2013, Paruyr entered the sports and betting industry as the founder and president of Bookmaker Rating, an online media platform he led until 2020. The platform focuses on in-depth analysis and insights in sports betting and has gained a reputation for quality content.
In 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This shows his commitment to technology in the sports betting space. Through all these experiences, Paruyr has been shaping and influencing the betting industry, setting new trends and standards.
Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports.
Strategic Vision
Paruyr's vision is to revolutionize the sports entertainment industry by integrating technology. He sees the future of sports entertainment as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. He aims to create platforms that are not only user-friendly but also uphold the highest standards of ethical reporting, contributing to a more responsible and enjoyable sports culture.