DraftKings Sportsbook Review

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26 min read
DraftKings Sportsbook

Great Choice for NFL & NBA

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NBA
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Euroleague
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GBF
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CAP
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CAF
NJ
CO
OH
IA
VA
KY
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CAD
USD
ACH/eCHECK
American Express
ApplePay
Google Pay
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user reviews
Min. First Deposit
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Max. Withdrawal
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Withdrawal Speed
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Vig
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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.

Author
Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief
Fact checked by:
Paruyr Shahbazyan
Paruyr Shahbazyan
Founder
Last Updated: Oct 18, 2024, 11:30 AM

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DraftKings Pros & Cons

Pros
Extensive betting markets
Live betting
Efficient & secure payments
Strong security measures
Cons
Mobile app connectivity issues
Maximum bets on odds boosts are low.
Promotional restrictions

What Users Say About Their Overall Experience

3814
Reviews
Updated Nov 25, 2024, 9:52 PM
37%
Positive
10%
Mixed
53%
Negative
AI
User Reviews Analysis

Bonuses & Promotions:

  • Pros: 40% of users appreciate the variety of promotions, including boosts and "no sweat" opportunities, which have led to successful bets and substantial winnings.
  • Cons: 60% of users express dissatisfaction, citing a lack of free bets, deposit bonuses, and a less generous rewards program, especially for loyal customers. Technical issues with promotions not applying correctly, and complaints of misleading offers, further add to the frustration.

Functionality & User Experience:

  • Pros: Users praise the app’s user-friendly interface, seamless navigation, and the ease of cashing in and out. The intuitive design makes betting straightforward.
  • Cons: Frequent crashes, slow response times, and lagging have negatively impacted the user experience. Location verification has been deemed intrusive and unnecessary by some, and account verification issues have also been raised.

Cashiering:

  • Pros: Users find the deposit and withdrawal process efficient, with many praising quick payouts, some as fast as 10 minutes. The interface for cashiering is also seen as intuitive.
  • Cons: Issues with crashes and technical problems during key moments, like deposits or withdrawals, are frequently reported. The app’s verification process, which sometimes leads to account suspensions or extended delays in accessing funds, has been criticized.

Odds & Pricing:

  • Pros: Some users report significant winnings, appreciating the pre-calculated odds and variety of sports available, particularly hockey.
  • Cons: A significant number of users perceive the odds as rigged, with reports of the app changing odds during bet submissions and favoring the house in casino games. Technical issues like lagging and freezing during live betting make it difficult to place timely bets, further disadvantaging users.

Market Coverage:

  • Pros: The app’s wide range of sports and events, along with an array of betting options, has been praised. Users enjoy the diverse offerings, including niche sports and prop bets.
  • Cons: Performance issues such as freezing and lagging during live betting have been reported, leading to missed opportunities. The app’s handling of live odds, frequent changes, and premature event closings have also been criticized.

Support:

  • Cons: A majority of users are dissatisfied with the app’s support, describing it as slow, unhelpful, and unable to resolve technical glitches or verification problems. Issues with contacting customer service and difficulties withdrawing funds are common complaints.
  • Pros: A smaller group of users have reported positive experiences, noting helpful, fast, and reliable customer service responses.

Key Statistics & Features

FeatureDetail
Founded2012
Online2019
HeadquartersBoston, Massachusetts
Welcome OfferPlace a bet of $5+ and get $150 in Bonus Bets
Min. Deposit$5
DraftKings Betting AppiOS & Android
DesktopYes
Withdrawal TimeInstant, or up to a two weeks depending on method
Payment MethodsApple 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
Support24/7 Live Chat, Email, Phone, Social Media
Leagues20+ NFL, NBA, NHL, MLB, etc. 
AvailableAZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NC, NH, NJ, NY, OH, OR, PA, TN, VA, VT, WV, WY, Ontario

DraftKings Bonuses

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DraftKings Bonuses User Reviews

3814
Reviews
Updated Nov 25, 2024, 9:52 PM
46%
Positive
3%
Mixed
51%
Negative
AI
User Reviews Analysis

The reviews about the sports betting app's bonuses and promotions are mixed. While some users appreciate the variety of promotions and success they've had using bonuses, many others have expressed dissatisfaction with the app’s bonus system, technical issues, and lack of transparency.

Pros:

  • 40% of users praise the variety of promotions, boosts, and "no sweat" bets.
  • Users share success stories of winning substantial amounts with these bonuses.
  • Engaging bonus features are appreciated by some.

Cons:

  • 60% of users express dissatisfaction with the lack of free bets and deposit bonuses, especially for loyal customers.
  • Technical issues with bonuses not working properly, with customer support unable to resolve them.
  • Accusations of bait-and-switch tactics and misleading promotions.
  • Slow app performance and glitches, particularly affecting live betting decisions.
  • Complaints about the referral system, with users not receiving promised rewards.
  • Promotions described as limited or only applicable to certain types of bets.

Suggestions for improvement:

  • Increase the number and variety of free bets and deposit bonuses.
  • Enhance the rewards program for existing and loyal customers.
  • Fix technical glitches and improve the app's performance during live betting.
  • Ensure promotions are transparent, straightforward, and applicable to a wider range of bets.

Where is DraftKings Legal?

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To place legal bets or play on DraftKings, individuals are required to be 21 or older. Additionally, they must be physically present in a state where DraftKings is operational when they bet or play, though they need not be residents of that state.

Here's a list of locations where DraftKings is operational:

Arizona | Colorado | Connecticut | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maryland | Massachusetts | Michigan | New Hampshire | New Jersey | New York | North Carolina | Ohio | Oregon | Pennsylvania | Tennessee | Virginia | Vermont | West Virginia | Washington | Washington D.C. | Wyoming | Ontario

Always ensure you're familiar with local regulations when placing bets, as betting offerings and rules can vary by state.

User Experience

The DraftKings website showcases a color scheme of green, white, and grey, which creates a recognizable brand presence. The landing page offers a selection of options for users to choose from, ensuring a balanced design without appearing excessively busy. Depending on an individual's internet connectivity, the performance of the site may vary, though its layout is structured for smooth navigation. Clear menus aid users in moving around the platform with ease. At the footer, there's a reference guide and sitemap, presenting users with a structured overview, making it simpler for them to locate different sections and features of the site.

How to Sign-Up at DraftKings

Follow this step-by-step guide to create an account with DraftKings Sportsbook

  1. Existing Accounts: If you already have a DraftKings account, note that you're not allowed to create a new one due to the one account per customer policy.
  2. Starting the Process:
    1. Go to the DraftKings Sportsbook website.
    2. Click on ‘Log In’ at the top of the page.
    3. Select ‘Sign Up’ to begin the registration.
  3. Input Required Details:
    1. Full name
    2. Current home address
    3. Date of birth
    4. Email address
    5. Telephone number
    6. Last 4-digits of SSN
  4. Verification:
    1. Due to jurisdictional laws, DraftKings must adhere to anti-money laundering protocols and verify important information.
    2. If your identity doesn't get automatically validated, be prepared to provide additional documentation.
    3. 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.
  5. Geo-Location Confirmation:
    1. Ensure you confirm your geo-location whenever you're using the platform.
    2. For desktop users, DraftKings requires the installation of a GeoLocater plugin to verify location.
  6. Two-Factor Authentication (2FA):
    1. 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.
    2. Remember, these steps are in place to ensure the safety and legality of all transactions and activities on the DraftKings platform.

DraftKings Betting Apps

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DraftKings, accessible on iOS and Android, is a sports betting application widely used in the United States and Canada. It specializes in offering a sportsbook that allows users to place bets on various sports events. The platform covers a broad spectrum of sports, including football, basketball, baseball, hockey, and golf, among others. Users have the flexibility to engage in different types of betting such as DraftKings exact score, DraftKings parlay betting markets, point spreads, moneylines, and over/unders.

A significant feature of DraftKings is its live betting option, which lets users place bets on events as they unfold. This feature is enhanced by the app's ability to stream certain events live, providing bettors with real-time viewing and betting experiences. For example, a user watching a live basketball game can place bets on different aspects of the game as it progresses, such as the next point scorer or the outcome of the current quarter.

DraftKings also offers futures betting, where players can bet on the outcomes of future events, like which team will win a championship. The app includes user-friendly tools and resources, such as betting guides and statistical information, aiding both novice and experienced bettors in making informed decisions. It's important to note that the app's features and availability of specific betting options may vary based on regional regulations and laws governing sports betting.

Sports & Leagues at DraftKings

Football
NFL
NFL
Available
Basketball
NBA
NBA
Available
Baseball
MLB
Major League Baseball
Available
Hockey
NHL
NHL
Available
Soccer
UEFA
UEFA
Available
Soccer
UCL
UEFA Champions League
Available
Soccer
UEL
Europa League
Available
Football
CFL
CFL
Available
Football
NCAAF
NCAAF Football
Available
Cycling
cycling
Cycling
Not available
Basketball
NCAAB
NCAA Basketball
Available

Betting Markets

DraftKings presents a range of betting markets catering to various types of bettors. These markets span traditional game outcomes, prop bets, live in-game wagers, and futures, among others. The range is designed to provide options for both novice bettors and seasoned bettors.

Bet TypeDraftKings Offers
Against the Spread
Correct Score
Double Chance
Double Result
Even Money
Forcast
Futures
Grand Salami
Hedging
Lines
Live in Play Betting
Moneyline
Over/Unders
Parlay
Pick’em
Point Spread
Pools
Props / Prop Bets
Reverse Forecast
Round Robin
Run Line
Same Game Parlay
Singles Bets
Teaser
Tri-Bet
Win/Place

What Users Say About DraftKing's Markets

3814
Reviews
Updated Nov 25, 2024, 9:52 PM
52%
Positive
9%
Mixed
39%
Negative
AI
User Reviews Analysis

The overall user experience with the sports betting app's market coverage is mixed. Users appreciate the variety of betting options and sports covered, but issues with the app's performance, particularly during live betting, are a common source of frustration.

Pros:

  • Extensive range of sports and events covered.
  • Numerous betting options, including interesting prop bets.
  • Quick payouts and easy deposit/withdrawal processes.
  • Regular promotions and bonuses.

Cons:

  • Frequent lags, freezes, or crashes during live betting, leading to missed opportunities.
  • Issues with the app's location check and two-step authentication process.
  • Constantly changing live odds and events closing prematurely, preventing users from betting on key moments.
  • Lack of clarity in betting schemes and poor explanations from customer service, often perceived as automated responses.
  • Mixed reviews on customer service, with some praising it and others calling it terrible.
  • Reports of bets closing out prematurely and glitches affecting scoring.

Suggestions for Improvement:

  • Improve app speed and performance, particularly during live betting.
  • Provide clearer explanations of betting schemes and odds.
  • Enhance same game parlay and teaser options.
  • Address glitches and improve stability in high-traffic periods to reduce missed bets.

DraftKings Odds

DraftKings odds through the SBTech platform, which is now an integral part of their in-house system. Having transitioned from the Kambi sportsbook, DraftKings continues to set its odds in line with the industry standards.

A common industry practice among sportsbooks is to include a vig or juice, which is essentially a commission for the bookmaker. DraftKings, like many of its peers, typically sets this vig around the 10% mark. This ensures that they remain on par with other leading sportsbooks in terms of odds pricing.

Furthermore, DraftKings occasionally offers specialized markets around specific, unique sports events. These markets can provide a diverse range of betting options for users, aligning with offerings seen at other major sportsbooks.

DraftKings is known for its competitive odds, here is an example:

Event/MatchDraftKings OddsPointsBet OddsESPN BET OddsFanDuel Odds
SF 49ers vs KC Chiefs Moneyline-120
+100 
-125
+108
 -120
Even
 -126
+108
Blue Jackets vs. Blues
Moneyline
-142
-170
-145
-172
-145
-170
 -142
-172
 Tyson Fury vs. Oleksandr Usyk-140
+110
-138
+108
-130
Even
-138
+108

What Users Say About DraftKing's Odds

3814
Reviews
Updated Nov 25, 2024, 9:52 PM
19%
Positive
3%
Mixed
78%
Negative
AI
User Reviews Analysis

After a comprehensive analysis of the reviews, it's clear that users have a mixed to negative experience with the odds and pricing on the sports betting app. While some users have had rewarding experiences and appreciated the wide range of betting options, there are significant concerns about fairness, app performance, and customer service.

Pros:

  • Some users report significant winnings and appreciate pre-calculated odds.
  • The wide range of betting options, particularly for hockey, is praised.
  • Decent game selection.

Cons:

  • Perceived manipulation of odds, especially in casino games like blackjack, leading users to feel that the games are rigged in favor of the house.
  • Changing odds during bet submission, often to the user's disadvantage.
  • Technical issues such as slow loading times, freezing, lagging, and random logouts, especially during live betting.
  • Poor customer service, with many users reporting unaddressed or unsatisfactory resolutions to their issues.
  • Dissatisfaction with the app's pricing and promotions, with users feeling that returns on bets are not worth the investment.

Payments & Withdrawals

DraftKings Sportsbook offers an array of payment solutions, catering to the varied banking preferences of its players. 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 the diverse financial needs of its users, while also adhering to regional financial regulations.

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Name
Deposit
Withdraw
Time
Min
Fee
Time
Max
Fee

What Users Say About DraftKing's Banking Options

3814
Reviews
Updated Nov 25, 2024, 9:52 PM
28%
Positive
3%
Mixed
69%
Negative
AI
User Reviews Analysis

The reviews about the sports betting app's cashiering experience are mixed. While many users appreciate the app's quick payouts and ease of use, others have expressed frustration with technical issues, a slow verification process, and difficulties with withdrawals.

Pros:

  • Quick and efficient payouts, with some users receiving winnings in under 10 minutes.
  • Easy deposit process, seamless betting experience, and user-friendly interface.
  • Positive feedback on the variety of sports events and promotions offered.

Cons:

  • Frequent app crashes and slow loading times, especially during peak betting periods.
  • Lengthy and inconvenient verification process, with some users having accounts locked after wins or withdrawal attempts.
  • Poor customer service, with difficulty contacting support and unresolved concerns.
  • Issues with withdrawals: repeated cancellations, low withdrawal limits, and unexplained restrictions.
  • Problems with deposits: app not accepting payments from certain banks or payment methods.

Suggestions for improvement:

  • Enhance app reliability to prevent crashes and slowdowns during peak times.
  • Streamline the verification process to make it faster and more convenient for users.
  • Improve customer service responsiveness and efficiency in handling user issues.
  • Address withdrawal policies to prevent cancellations and raise limits to be more user-friendly.
  • Expand accepted payment methods to accommodate more banks and deposit options.

Customer Support

Our team diligently assessed DraftKings' customer support framework, focusing on its efficiency, responsiveness, and overall competence. Below is an unbiased overview of our evaluation:

  • Support Platform: DraftKings has a comprehensive support site with articles, video tutorials, and more. It's an exhaustive resource, answering almost every conceivable question a member might have. This proactive approach emphasizes the platform's commitment to addressing user concerns preemptively.
  • Speed and Effectiveness: Our team interacted with DraftKings' customer support at different hours to gauge their response times and the quality of service. Here's a concise outline of our experience:
TimeAverage Wait Time
6:00 am ET~2 minutes
11:00 am ET~2 minutes 30 seconds
5:00 pm ET8 minutes
9:00 pm ET10 minutes 45 seconds
  • Social Media: DraftKings maintains an active Twitter presence. The team behind @DK_Assist is responsive to direct messages. In our interaction, they reverted within an average of 90 minutes. Links to DK on socials: Twitter | Instagram | Facebook 

Contact DraftKings Customer Support

Languages
English
Spanish
Good
Responsiveness
Good
Professionalism
Good
User Experience

Customer Support User Reviews

3814
Reviews
Updated Nov 25, 2024, 9:52 PM
10%
Positive
1%
Mixed
89%
Negative
AI
User Reviews Analysis

After thoroughly analyzing user feedback, it is evident that the sports betting app's support has received predominantly mixed to negative reviews. A significant number of users are dissatisfied with various aspects of the support service, with key concerns outlined below:

Main Concerns with Support:

  1. Slow Response Times: A common complaint is that customer support takes too long to respond, leaving users frustrated and without timely resolutions to their issues.
  2. Unresolved Technical Glitches: Many users report ongoing technical problems—such as frequent crashes, freezes, and slow response times—which are not adequately addressed by support. This impacts their betting experience and trust in the platform.
  3. Account Restrictions & Lockouts: A large number of users have experienced account suspensions or restrictions without clear communication or explanation. They express frustration with the lack of help in regaining access to their accounts, especially after deposits or winnings.
  4. Withdrawal Issues: Numerous users have reported difficulties withdrawing their winnings, with some alleging that the app refused to pay out. This has led to dissatisfaction and doubts about the app’s reliability in handling transactions.
  5. Unresponsive Customer Service: In addition to slow responses, several users mentioned that customer service was either unhelpful or unreachable due to technical problems within the app, further compounding user frustration.
  6. Complicated Verification Process: While the app’s security and identity verification measures were praised by some, others found the process overly complicated and cumbersome. The verification steps often led to delays in accessing accounts or withdrawing funds.

Positive Feedback:

Despite the overall negative sentiment, a smaller group of users shared positive experiences, particularly in cases where:

  • Customer service was helpful, fast, and reliable: These users appreciated the quick resolution of issues and the professionalism of the support team.
  • Security measures were valued: Some users felt reassured by the app’s commitment to security, even though others found it frustrating.

DraftKings Online Casino

DraftKings Casino, available in select states, offers a range of gaming options for users under its well-known brand. The platform features a variety of traditional table games such as blackjack, roulette, and poker, alongside contemporary slot machines, catering to different player preferences. With a user-friendly interface, the casino provides an enjoyable and accessible gaming experience. Additionally, the casino constantly updates its game library, introducing new and engaging titles. DraftKings Casino emphasizes a secure and responsible gaming environment, adhering to regulatory standards. This diversity in gaming options and commitment to user experience makes DraftKings Casino a notable option for online gaming enthusiasts.

Daily Fantasy Sports (DFS)

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DraftKings, initially renowned for revolutionizing Daily Fantasy Sports (DFS), maintains its commitment to this domain. The platform enables users to immerse themselves in fantasy sports competitions, where they can assemble and manage virtual teams made up of real players from various sports leagues. Participants in these contests compete against others based on the statistical performances of their selected players in actual games.

This form of gaming blends skill and knowledge of sports, as users must strategically select their teams within a given salary cap. DraftKings offers a wide range of sports for DFS, including football, basketball, baseball, golf, and more, accommodating a diverse array of fan interests.

The integration of DFS with standard sports betting on the same platform is a unique feature of DraftKings. This allows users to engage in traditional betting alongside their fantasy sports activities, offering a comprehensive sports entertainment experience. DraftKings’ user interface facilitates easy switching between DFS and sports betting sections, making it convenient for users to enjoy both aspects seamlessly.

DraftKings' DFS platform is known for its variety of contest formats, ranging from head-to-head competitions to large tournaments with significant prize pools. This variety ensures that both casual players and more serious fantasy sports enthusiasts can find contests that suit their style and level of commitment.

DK Horse Racing App

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DraftKings, in partnership with Churchill Downs Incorporated, launched the DK Horse application, expanding its offerings to include horse race wagering. Available in multiple states where such betting is legally permitted, the platform provides users with the opportunity to engage in major U.S. horse racing events.

The DK Horse app is designed to cater to both seasoned bettors and newcomers to horse race wagering. It offers features such as live streaming of races, enabling users to watch the events they bet on in real-time. This addition enhances the user experience by providing a more immersive and engaging way to participate in horse racing.

Furthermore, the app includes detailed handicapping information. This feature is particularly beneficial for users who rely on thorough research and analysis to inform their betting decisions. Handicapping data can include past performance records, track conditions, and other relevant statistics that are crucial for making informed wagers.

The platform's user interface is structured to facilitate ease of use, with a clear layout that allows users to navigate between races, place bets, and access streaming and handicapping information conveniently.

Additional Features

FeatureDescription
Same Game ParlaysA betting structure that allows users to place multiple wagers within a single sports event, such as combining bets on player statistics, total points, and outright winners in a football match.
Live BettingOffers a dynamic betting environment where bets can be placed on events currently underway, with odds adjusting in real time to reflect the ongoing situation.
Player Prop BettingA distinct section dedicated to betting on individual player performances in various leagues, allowing users to bet on specific outcomes related to players within games.
Early Cash OutProvides the option to conclude bets before the end of an event, offering users a chance to retrieve a portion of their bet or a partial profit based on the current event trajectory.
MarketplaceA platform for trading and acquiring unique collectibles, including NFTs, related to sports and entertainment, accessible with DraftKings credentials.
Player-Centric BettingAllows users to access individual "Player Pages" displaying prop markets associated with a single player across major sports leagues, centralizing player-specific betting options.

Responsible Gambling

DraftKings, understanding the significance of safer play, underlines the importance of responsible gaming. They offer many tools and information designed to ensure that players can engage in gaming activities in a secure and accountable manner. 

For those seeking assistance or believe they may have a gambling problem, DraftKings offers immediate support through local responsible gaming organizations and the National Council on Problem Gambling.

Tool/ResourceDescription
Limit-Setting ToolsOptions for users to set daily, weekly, or monthly deposit and spending limits to manage their gaming activity.
Cool-Off PeriodsAllows users to take short breaks or extended periods away from their account for self-regulation.
Self-ExclusionAn option for players to voluntarily exclude themselves from the platform to prevent further gaming.
DK Safer PlayA specialized website dedicated to responsible gambling, offering information, quizzes, and assistance for gambling-related issues.
Opt Out ProgramA feature for users who wish to unsubscribe from marketing communications, accessible through settings or support contact.

Licensing & Security

SecurityDescription
State ComplianceDraftKings is licensed by each state in which it operates, adhering to the unique regulatory frameworks of each state.
Data ProtectionUtilizes SSL (Secure Socket Layer) encryption for secure data transmission, indicated by the padlock symbol in the browser's address tab on the DraftKings platform.
Strong AuthenticationOffers strong authentication or 2FA (Two-Factor Authentication), requiring a security pin sent to the user's mobile device during login for added account security.
Web SafetyIndicates the use of SSL encryption through the presence of a padlock icon in the address bar on their website, ensuring user data privacy.
System DefenseDraftKings maintains a comprehensive security program based on industry standards and best practices to protect its servers and user information, though specific details on firewalls or other defenses are not disclosed.

Education

DraftKings provides a variety of educational resources for its members. Notably, betting guides are available for almost every sport featured on the platform, offering insights to both novices and seasoned bettors. Alongside these guides, DraftKings hosts video tutorials aimed at elucidating complex betting concepts and guiding users through the platform's functionalities. Members can also access a vast library of articles, which cover a range of topics from betting strategies to sport-specific nuances. Furthermore, to ensure clarity in communication and a better understanding of the betting landscape, a dedicated glossary explains various betting terms in detail. These materials collectively aim to enhance the betting experience by fostering informed decision-making among DraftKings' users.

Final Thoughts

After exploring DraftKings Sportsbook, we found it to be a comprehensive platform with a broad array of features catering to sports betting enthusiasts. The website's user interface is well-organized, facilitating easy navigation and offering a selection of options without feeling cluttered. DraftKings' reputation is well-founded, evident in its loyal user base and meaningful sports partnerships. However, some users may encounter connectivity issues with the mobile app, and the maximum bets on fixed markets are relatively low.

The registration process is straightforward, though it requires adherence to strict verification protocols for safety and compliance. The mobile app, available on both iOS and Android, offers live betting and streaming capabilities, enhancing the betting experience. DraftKings' commitment to responsible gaming is notable, with tools like limit-setting and self-exclusion options. Betting markets are diverse, covering a wide range of sports and events. While the platform has its drawbacks, like any other service, the overall experience on DraftKings Sportsbook is solid, especially for those seeking a reliable and varied sports betting environment.

About DraftKings

Initiated by Jason Robins, Paul Liberman, and Matt Kalish in 2012, DraftKings started as a daily fantasy sports platform in Watertown, Massachusetts. Over time, it transitioned into a significant sportsbook in the U.S. landscape. By April 2020, DraftKings became publicly listed on the Nasdaq Stock Exchange under the symbol "DKNG". The central operations hub is situated in Boston.

Following the 2018 legalization of sports betting beyond Nevada, DraftKings introduced its online sportsbook in New Jersey, subsequently broadening its reach to other U.S. states. A noteworthy merger in 2020, amounting to $3.3 billion, encompassed Diamond Eagle Acquisition Corp. and SBTech Global Ltd. 

In a highlight for the brand, NBA icon Michael Jordan came aboard DraftKings in September 2020 as both an investor and board advisor.

This review will present DraftKings Sportsbook's offerings, user interface, promotions, and its standing in comparison to its market peers.

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.

Other Sportsbooks

FanDuel Sportsbook
FanDuel Bet $5 Get $200
Get bonus here
  • Availability across most of US legal states
  • Competitive odds & diverse markets
  • Attentive customer service
  • Extensive list of Same Game Parlay's
  • App speeds vary for some users
  • Geo locate sometimes unreliable
AZ
CO
CT
IL
IN
IA
KS
KY
LA
MD
MA
MI
NJ
NY
OH
PA
TN
VA
WV
WY
NC
VT
DC
ON
CAD
USD
VISA
Mastercard
Discover
Debit Cards
ApplePay
Google Pay
Venmo
PayPal
FanDuel Prepaid Card
Cash at Retail Stores
Cash at Cage
ACH/eCHECK
American Express
Bank Wire Transfer
Diners
VIP Preferred
Play+
Go to Website
Details
DraftKings Sportsbook
DraftKings New Customer Bonus - Bet and Get Up to $500 in Bonus Bets + 1 Month of NFL+ Premium
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  • Extensive betting markets
  • Live betting
  • Efficient & secure payments
  • Strong security measures
  • Mobile app connectivity issues
  • Maximum bets on odds boosts are low.
  • Promotional restrictions
NJ
CO
OH
IA
VA
KY
AZ
CT
IL
IN
KS
LA
MD
MA
MI
NH
NY
OR
PA
TN
WA
WV
WY
ON
PR
DC
CAD
USD
ACH/eCHECK
American Express
ApplePay
Google Pay
Debit Cards
VISA
Bank Wire Transfer
PayPal
Trustly
Paynearme
paysafecard
Cash at Cage
Skrill
Cash at Retail Stores
DraftKings Gift Card
Play+
Venmo
VIP Preferred
Mastercard
Discover
Go to Website
Details
BetMGM Sportsbook
BetMGM First Bet Offer: Up To $1500 In Bonus Bets
Get bonus here
  • Available in many U.S. States and Canada
  • Numerous betting markets
  • Major partnerships with teams/leagues
  • Promotions are timely and change rapidly
  • Connectivity issues on betting app
AZ
CO
IN
IA
IL
KS
KY
LA
MD
MI
NJ
OH
PA
TN
VA
DC
WV
WY
NC
ON
MO
CAD
USD
Venmo
American Express
Borgata Cage
Mastercard
VISA
Paynearme
PayPal
Play+
BetMGM GiftCard
VIP Preferred
Bank Wire Transfer
ApplePay
Google Pay
Discover
GameOn Gift Card
Debit Cards
Go to Website
Details

Sports Betting in Different States

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.

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

With 20+ years of writing experience across sports, gambling, regulation, technology, and startups, Sol brings a broad understanding to his role as Editor-in-Chief at RG. His work provides clear, factual information to help readers make informed decisions about gambling. Sol’s approach is about transparency and research, so the content at RG is straightforward, evidence-based, and accessible.

At RG, Sol keeps the focus on the reader by maintaining a standard of reliability and integrity in the information shared. Under his editorial direction, RG aims to provide practical insights into sports and sports entertainment that support a balanced and informed approach. Sol’s approach has helped RG become a go-to source for readers looking to engage responsibly and thoughtfully in the industry.

Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Nick Ashbourne
Nick Ashbourne
Senior Writer

Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game in 1998, and he's been writing about them professionally since 2014.

Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports while growing his expertise in sports data analysis and research. 

Between 2022 and 2023, he worked for a betting startup called NorthStar Bets. In 2024, he contributed to Oddspedia before joining the RG team.

Sergey Demidov
Sergey Demidov
Head of News Department

Sergey has been in sports journalism since 2007 as a reporter, editor, and manager. He has covered the Olympic Games, soccer World Cups, the World Cup of Hockey in 2016, the European championships, the Stanley Cup Finals, IOC events, and many others. Sergey interviewed the sport's greatest athletes, coaches, and executives. Since 2016, he has been an Independent Senior Editor of NHL.com/ru.

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

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