DraftKings clawed its way to the top of the multimillion-dollar daily fantasy sports industry by maximizing the most visceral appeal of its product — the chance to win large sums of money in a single day. That potentially making any sporting event, regardless of its participants, one of keen interest.

DraftKings Dollars are cash-equivalent site credits that you can use for entry into any real money contest on the site. DraftKings Dollars cannot be withdrawn, and can only be used to enter contests. Payouts in cash contests are always paid out in real cash. DraftKings Sportsbook Review 2021 & Promo Code. DraftKings Sportsbook launched in New Jersey on August 6, 2018, becoming the first sportsbook to go live in NJ and the first legal online sportsbook in. DraftKings Dollars are cash-equivalent site credits that you can use for entry into any real money contest on the site. DraftKings Dollars cannot be withdrawn, and can only be used to enter contests. Payouts in cash contests are always paid out in real cash.

That seductive quality has enticed plenty of sports fans — approximately 10 million of them according to co-founder Matt Kalish — to at least give DraftKings’ daily fantasy sports (DFS) offerings a try at one point or another.

The company kickstarted a new era when DraftKings Sportsbookofficially went live Aug. 6. Being the new kid on the block brings plenty of challenges; managing to capture the same level of engagement with the sports betting customer as they do with those on the DFS side is one of the bigger ones.

Spicing up conventional sports betting

Traditional sports betting can be a notably more “static” product than DFS on the surface. Many traditional wagers hinge on end-of-game outcomes. And many bettors may only have action on a handful of contests on, say, a typical NFL Sunday. Conversely, the DFS player could potentially have a stake to some degree in every game being played if they’ve created enough lineups.

Not averse to thinking outside the box, DraftKings Sportsbook has multiple features that allow bettors to have many skins in the game during the game. These are in addition to the conventional array of tried-and-true sports betting options, including:

However, they’ve also literally made every “event within the event” potentially mean something by making all of them wagerable.

Every point in tennis. Every play in a football game. Shoot, every pitch in a baseball game. They all have odds assigned within DraftKings Sportsbook, allowing you to plunk some money down on, say, whether Tom Brady’s next pass successfully finds its target or falls incomplete.

For example, DraftKings Sportsbook offered in-play golf bets on every hole for Tiger Woods and Rory McIlroy during the PGA Championship. Bettors could watch live action of those featured players on the PGA Championship app and bet on every shot on the DraftKings Sportsbook app, with the odds changing on the fly.

Having that kind of in-play action certainly helps glue a fair share of eyeballs to a game, not to mention the DraftKings Sportsbook app. And while, admittedly, DK is far from the only operator offering in-game betting (it’s already big in Europe), there’s another innovative feature they can actually claim all their own for the moment — a revolutionary “live ticket” system.

Think sports betting meets day trading, in the purest sense. Except, in this case, you won’t hear a chaotic cacophony of “buy!” and “sell!” — the action all takes place over a matter of seconds within the serenity of a bettor’s smartphone or mobile device.

Simply put, any open bet on DraftKings Sportsbook — even those that fully hinge on end results — can be assigned a value based on what’s happening as the contest unfolds.

In DraftKings Sportsbook, you can monitor that potential value of your wager — which fluctuates as lines adjust for in-game events — and jump off at any point in time you feel is particularly advantageous. A click on the Cash Out button that appears on every open betting ticket is all it takes.

The live ticketing system even applies if you have suddenly second thoughts about taking a stake in multiple games. In other words, you can jump off a parlay just as easily as you can a single-game ticket.

DraftKings Sportsbook becomes the first to offer the live ticket system in the United States, and it’s a feature that could certainly help it carve out a niche in what is already a crowded online sports betting market in New Jersey. The fact that bettors can take advantage of the price they locked in when they opened their betting ticket — particularly when there’s a drastic change in circumstances, such as injury to a key player — is likely to appeal to a sizable segment of the customer base.

Opening Bonus

Mobile App

Desktop App

Deposits/Cashouts

Customer Service

There’s a reason DraftKings is one of the most recognizable names in the sports betting world. The sportsbook is live in multiple markets and has a streamlined, polished mobile and desktop experience.

DraftKings Sportsbook operates in the following states: New Jersey, Pennsylvania, Illinois, Indiana, Iowa, Mississippi, New Hampshire, New York, Tennessee, West Virginia, Colorado in various mobile and retail capacities. Virginia, Louisiana, and Michigan are also highly likely to have DraftKings sportsbooks once the markets go live.

DraftKings’ downloadable app gives its users instant access to place a bet anywhere in existing markets. It can also be accessed on a desktop device using the DraftKings website. The ability to utilize not only a desktop but also a mobile application gives DraftKings Sportsbook a big advantage over its competitors.

DraftKings Sportsbook App (NJ, PA, IL, IN, IA, NH, WV, CO, TN)

Draftkings Option Chain Yahoo

Based on its features, promos, user experience, and a number of other factors, DraftKings earns a fantastic score of 4.8.

For reasons further described below, the initial sign-up bonus, an immense selection of sports available to wager on, and sleek design make DraftKings Sportsbook a top-tier choice when selecting where to place your next online sports bet. As a bonus, a user’s sportsbook funds are connected directly to DraftKings’s daily fantasy games, giving users even more ways to play.

DraftKings Sportsbook Promo Code Details

DraftKings Sportsbook Bonus: 20% Deposit Match Up To $1,000

• Your first deposit (min. $5) qualifies you to receive up to $1,000 in bonus funds in the form of site credits that can only be used on future DraftKings games.
• The bonus amount is equal to 20% of the initial deposit amount, not to exceed $1,000. For example, if you deposit $100, you will receive a $20 bonus credit.
• The playthrough requirement for this bonus is as follows:
  1. For every $25 played on DraftKings in DFS/sportsbook/casino, you will receive $1 in bonus funds released into their account.
  2. The playthrough requirement must be met 90 days from the date of the first deposit to receive the maximum bonus.
  3. Using the example above, to claim a $20 bonus on a $100 deposit, you would need to wager a total of $500 to earn the full $20 credit.

DraftKings has one of the most valuable bonuses in the sportsbook world. But to claim the full bonus credit, you need to deposit a hefty sum. A deposit of $5,000 is required to claim the full $1,000 bonus. Still, even if you prefer to keep your deposits modest, you can earn a fair amount of site credit using this promotion.

DraftKings: Where Can I Play?

DraftKings’ online sportsbook is available in most legal sports betting markets.

New Jersey

New Jersey is one of the most mature sports betting markets in the US. Players can enjoy DraftKings’s sportsbook and casino in the Garden State.

Pennsylvania

Pennsylvania is another booming sportsbook market, and users can play at the DraftKings sports betting platform from anywhere in the state.

Illinois

DraftKings is one of five sportsbooks live in Illinois, alongside FanDuel, PointsBet, BetRivers, and William Hill. Casino Queen is DraftKings’ land-based partner in Illinois.

Iowa

Iowans can bet online with DraftKings. Iowa sports betting sites went live in February of 2019 and has a bustling sportsbook presence. DraftKings is partnered with Iowa’s Wild Rose Casinos.

Indiana

Indiana was the 14th state to legalize sports betting. The state launched in September of 2019. DraftKings offers online sports betting in the Hoosier State using the license of the Ameristar Casino Hotel, its partner in the state.

New Hampshire

New Hampshire is a unique case in that it allows anyone 18 or older to place a sports bet. Most other markets require users to be 21 or above. DraftKings is available in New Hampshire thanks to its partnership with the state’s lottery.

West Virginia

West Virginia has a bit of a leg up on some of its competition. The state allows players to wager on college sports. Some other markets prohibit college bets on in-state matchups. West Virginia, another live DraftKings state, has no such restrictions.

Colorado

Colorado’s sports betting market is growing fast. DraftKings is already live in the state alongside a number of other big-name operators.

Tennessee

Tennessee’s online-only sports betting presence launched just a few months ago, and DraftKings was one of the first operators to launch in the Volunteer State.

Coming Soon

Michigan and Virginia are both on the cusp of legalized sports betting, and we expect DraftKings to be a major player in both markets.

Michigan will likely go live in early 2021, and DraftKings is at the ready with partner Bay Mills Resort & Casino.

Virginia just voted to allow sports betting, so a formal launch is likely many months in the future. Still, expect Draftkings to make a splash in the market once regulations allow.

DraftKings Sportsbook: Compatibility Guide

DraftKings sportsbook is available on desktop and mobile devices.

Using DraftKings On Desktop

You can access DraftKings from your PC or Mac by heading to the sportsbook’s website. The process is pretty straightforward. If you don’t have an account, you’ll need to create one (and nab a welcome bonus). You’ll need:

• Email address
• Password (you’ll create one)
• Address
• Birthdate
• Last 4 digits of your SSN

In other words, it’s a lot like signing up for an online shopping or social media account. You need your SSN to confirm your age and identity, though.

If you prefer to use a desktop, you’ll also need to download a Geolocation app to your device. DraftKings will use this to confirm that you’re within a legal state when you place your bets. The download only takes a few minutes, and you can leave the program to do its thing after you’ve installed it.

Using DraftKings On Mobile Devices

Many sports bettors prefer to use mobile devices, and for good reason. DraftKings’ mobile app is one of the industry;’s best, offering quick load times, a seamless user interface, and, of course, the convenience of betting from anywhere (within state lines), anytime.

Apple iOS users can download the DraftKings sportsbook app directly from the App Store, then use the same information as above to create an account.

For Android users, the process is slightly more complicated, but don’t worry. It’s only a few extra steps. Google prohibits regulated gambling apps from its Play Store marketplace, so operators like DraftKings offer the app directly on their websites.

To get the DraftKings Android app, follow these steps:

1. Visit the DraftKings website.
2. Find the link that says “Download for Android” and click on it.
3. Follow the on-screen prompts on your device to download and install the app.
4. Open the app and create your account.
5. Start betting.

DraftKings’ website will guide you through the steps to do this from start to finish, and you’ll be betting in no time.

DraftKings’ mobile app provides the advantage of convenience over desktop betting. You can track live games and place bets quickly before the odds change. Whether you’re at the bar, on your daily commute, or at home, you can place a bet right from your device.

Geolocation is also made easier with a mobile device. Draftings will use your phone’s built-in location services to confirm you’re within a legal betting area. You won’t need to download anything extra to confirm your location.

DraftKings: Depositing And Cashing Out

Making a deposit and withdrawing winnings are incredibly easy with DraftKings. There are plenty of viable options, so it’s just a matter of picking the one that works best for you.

DraftKings Deposit Methods

You have plenty of great options for deposits at DraftKings:

• Credit or debit card (VISA, MasterCard, Discover, American Express)
• Online banking
• PayPal
• ACH echeck
• Play+ prepaid card
• Wire transfer
• DraftKings gift card

There’s not really a best deposit method, as they all have their advantages. I personally prefer PayPal because it’s a fast method, it’s easy to connect your existing account, and it has a high success rate. I’ve used it for multiple deposits and never had an issue.

Be cautious with credit or debit cards, because banking institutions sometimes decline charges from sportsbooks.

Withdrawal Methods At DraftKings

To withdraw at DraftKings, you can use most of the same methods as above, plus a few that aren’t available for deposits:

• Check by mail
• PayPal
• ACH echeck
• Play+ Prepaid Card
• Cash at casino cage

Once again, Paypal is an excellent option here. Cash at the casino cage is great as well if you’re near a DraftKings casino partner. Players in Tennessee, where sports betting is online-only, won’t have these options.

Withdrawals can take anywhere from two to seven days to process at DraftKings.

Where DraftKings Gets It Right

User Experience

DraftKings has a top-notch user experience and app. Whether you’re on desktop or mobile, placing a bet is easy, and DraftKings has plenty of helpful resources for new users.

The app is user-friendly and provides five menus located at the bottom of the screen. Each one allows the player to easily navigate to different sections of the sportsbook.

In-Game Bets

DraftKings offers a large number of games in progress that can be easily accessed at the bottom of the app.

The “My Bets” tab gives users an in-depth look at all their bets currently in play, as well as a history of bets they have won or lost. This is an extremely useful function for players who are looking to track their winning percentage.

This tab is also where you can find the “Cash Out” feature. This allows you to settle a wager for a certain value before the event you have bet on has finished. Your bet is not always eligible for early cash-out, but it’s a great feature for someone who isn’t as confident in their bet as they were initially or a way to take what money is offered and guarantee a profit.

Promotions Sliding Menu

At the top of the app, DraftKings has a sliding menu of fantastic promotions, free contests, and links to the “Plays of the Day.” The Plays of the Day gives users a breakdown of the bets/pools that are available throughout the day. It is a very good place to find some of the more popular events.

Some of the promotions come with substantial value and are updated frequently. A few examples that are currently being offered:

• Free Bet – If you refer a friend to DraftKings Sportsbook and they deposit a minimum of $25, both the referrer and new user will be given a free bet of up to $100. The free bet is valid for up to 30 days.
• Free Private Pools – Free contests where you create an entry and answer a series of questions related to that pool’s category. Some have total prize pools greater than $10,000!

Selection Of Sports

DraftKings Sportsbook has one of the largest selection of sports available for wagers. Throughout the year DraftKings offers wagers on more than 60 different sports. Users can easily find a specific sport using one of the five menus at the bottom of the screen.

Draftkings Cash Out Option Bonus

Along with betting the sides and totals for a particular game, users can select the game or event they want to wager on and open up a new screen with an entire list of betting opportunities like player props, team props, game props, and live in-game occurrences that are specific to the sport selected.

Players can also use the “Flash Bet” feature which gives players a chance to place very short-term wagers that are paid almost immediately during the next action of that event.

Testing Support Options at DraftKings

DraftKings support is completely fine, though I suspect their high user volume contributes to some slow-ish response times. Still, you have plenty of options for contacting customer support at DraftKings. DraftKings advertises 24/7 support options.

Email

You can fill out a short form with your question on the DraftKings support portal, and they’ll respond via email. I’ve used this form on multiple occasions, including once for this review. DraftKings answered my question in 48 hours.

Phone

You can also get support from DraftKings by phone, but it’s not as simple as just picking up your device and dialing them. You first have to fill out a specific form on DraftKings’ support page requesting a call. You must choose your issue from a dropdown menu, then enter your account username, email, phone number, and a description of your question up to 2000 characters.

DraftKings will then call you to address your issue.

DraftKings: Final Ranking

1. 1. Opening Bonus: 4.7
   2. Mobile App: 4.9
   3. Desktop App: 4.9
   4. Deposits / Cashouts: 5.0
   5. Customer Service: 4.5

DraftKings Sportsbook Reddit Approved

We have not found a better DraftKings Sportsbook bonus on subreddits including:r/sportsbook or r/dfsports.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).

Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA).

21+. NJ/PA/WV/IN/IA/CO/IL/TN/WV only. Eligibility restrictions apply. See draftkings.com/sportsbook for details.

DraftKings Sportsbook FAQs

Draftkings Cash Out Option Account

Yes. DraftKings allows in-play betting in every state where it’s live. You can bet on matches that are in progress and take advantage of midgame odds changes. Live betting is a huge advantage for legal sportsbooks; grey market solutions don’t have access to the same amount of data as DraftKings or other regulation sites.

Draftkings Cash Out Option Strategy

Yes. DraftKings offers a deposit match bonus. 20% of your first deposit will be matched up to $1,000. The bonus is given in the form of site credit, and you must play through 25x your bonus amount to claim the full credit.

No single deposit method reigns supreme over the others–it comes down to your preference. PayPal is one of the top methods because of its high success rate and speed. Credit and debit cards are likely to be declined by banking institutions, so steer toward other options if you can.

No. You can only place a bet using DraftKings if you’re in a state that allows sports betting. Geolocation will confirm you’re within a legal state before you can place a wager. You can deposit and withdraw from anywhere, but you can only place a bet in a regulated and live market.