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DraftKings Sportsbook
The Game Day Review

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DraftKings Sportsbook Review

EDITOR'S OPINION

One of the most recognizable brands in the gaming industry, DraftKings Sportsbook is one of the most layered and in-depth betting sites on the market. You can find almost any bet for any market. If you are looking for an eye-appealing and user-friendly experience with ease of access to almost any bet, then DraftKings Sportsbook is for you.

ByAnthony Cervino

Jan 31, 2023

Overview of DraftKings Sportsbook

Pros
  • Huge Variety of US & International Markets

  • Tons of Promotions & Features

  • VIP & Rewards System

  • Very Aesthetically Pleasing

Cons
  • Can’t Access DFS With Sportsbook/Casino App

  • Some Withdrawal Restrictions Across Sportsbook, Casino, & DFS

  • Customer Support Options Can Be Improved

  • Welcome Bonus
    9/10
  • Mobile experience
    9/10
  • Payment options
    9/10
  • Support
    7/10
  • Overall Score
    9/10

DraftKings Sportsbook QUICK FACTS

  • Established:

    2018

  • Services:

    Sports Betting, Casino, DFS

  • Available In:

    CO, IL, NJ, AZ, IN, IA, NH, PA, WV, TN, MD, MI, VA, WY, NY, CT, LA, KS, OH, MD

  • Payment Methods:

    Credit/Debit Card, PayPal, Online Banking, Wire Transfer, ACH (eCheck), PayNearMe, DraftKings Gift Card, Play+, Casino Cage at Resorts in NJ

“This page contains references to products from one of our advertisers. We may receive compensation when you click on links to those products. This compensation does not impact our opinions in this review or elsewhere about these products. Terms apply to the offers listed on this page. For an explanation of our Affiliate Policy, please visit this page. Thank you.”

DraftKings Sportsbook Hands-on Review

The DraftKings brand began as a daily fantasy sports platform based out of Boston, MA in 2012 by Jason Robins, Matt Kalish, and Paul Liberman. It wasn’t long, around two years, before DraftKings was one of the DFS providers on the market.

Following years of success in DFS, DraftKings ventured into the online sports betting and casino realm back in August of 2018, opening in New Jersey. Now, the DraftKings Sportsbook is legal in 17 states that include Arizona, New York, Pennsylvania, and more.

As if the Draftkings brand wasn’t already uber-recognizable, they became a publicly traded company in April of 2020 while partnering with Michael Jordan, who not only took an equity stake in the company, but he also became a special advisor as well. Currently, Draftkings is partnered with the NFL, the Dish Network, ESPN, and more notable brands around the United States.

Although the DraftKings website can be cluttered and overwhelming to a newbie, its features are second to none. While their odds and promotions could be more aggressive, there is something for everyone at DraftKings Sportsbook.

DraftKings offers many wagering options for newbies and seasoned bettors alike, you can place Moneylines, Over/Unders, Point Spreads, Parlays, Player Props and many more bets.

Some of these features include Live Betting, Parlay Insurance, Risk-Free Bet Promotions, Daily Odds Boosts, Rewards, and more.

Is DraftKings Sportsbook Legit?

Yes, DraftKings Sportsbook is fully legitimate. It is fully regulated and licensed by regulatory bodies within each state. For example, in New Jersey, DraftKings is monitored by the New Jersey Division of Gaming Enforcement while sharing its license with the Resorts Casino and Hotel in Atlantic City.

The DraftKings brand is also one of the most recognizable labels not only in the gaming industry, but in the entire country. You can feel at ease when using this sportsbook.

Can You Win Real Money Playing at DraftKings Sportsbook?

Yes, you can win real money at the DraftKings Sportsbook. However, you must be over 21 and be playing within the lines and limits of the states that the sportsbook is legal in.

DraftKings Sportsbook Signup Bonus

If you are a new user at the DraftKings Sportsbook, you will qualify for their terrific welcome bonus offer that includes a deposit bonus.

Currently, there is no DraftKings promo code. All you need to do is click the “Get Bonus” or “Claim Now” button to activate the welcome bonus.

Bet & Get

Take advantage of one of the best welcome offers on the market with the DraftKings Bet $5, Get $200 promo.

New signups need to simply deposit $5 or more, and place at least $5 on a straight bet on any pregame moneyline If your wager wins, you’ll receive $200 in bonus bets! Be sure to use promo code GAMEDAY200 to unlock this offer.

For those in Ohio, you can bet $5 and get $200 instantly with code OHGAMEDAY! Whether your bet wins or loses!

But back to the bet $5, get $200 offer. This bonus will be split up into eight $25 Bonus Bets, totaling $200 dollars, instantly!

They will expire after seven days and are not eligible for DraftKings odds boosts or to be settled using the cashout feature.

Here is some more information on how it works:

  • Available to new DraftKings signups only.
  • Bettors must be located in one of the following: AZ, CO, CT, IA, IN, LA, MD, MI, NJ, NY, OH, PA, TN, VA, WY, or WV.
  • Click “GET BONUS" at the top or bottom of this page to sign up using our promo code GAMEDAY200, then deposit at least $5 into your new account.
  • Place a $5+ pre-game wager on any moneyline.
  • If your bet settles as a win, you’ll receive $200 in Bonus Bets and any cash winnings from your original wager.
  • Bonus bets expire 7 days after being awarded and are paid out in eight (8) $25 bonus bets.
  • Promotion excludes odds boosts, live bets, bonus bets, cash-out bets, and voided bets.
  • Limit 1 qualifying bet per user.

DraftKings Sportsbook No-Deposit Bonus

DraftKings Sportsbook offers a no-deposit bonus if you live or sign up in a state that is about to launch sports betting soon.

Pre-launch offers are generally the absolute best a sportsbook will give bettors, which means it is imperative to sign up and take advantage of the free site credit that does not require a new deposit when that it offered.

Risk-Free Bet

There is no risk-free bet at DraftKings for new players, but DraftKings does offer risk-free bets for same-game parlays and other special betting options.

Ohio Launch Offer

New DraftKings users in The Buckeye State will get an extra $200 in bonus bets when they sign up with OHGAMEDAY.

Players who make a $5 deposit and $5 minimum wager will get $200 in site credit. DraftKings will pay new users in eight free $25 bets, which means you’ll get those on top of the deposited funds and any winnings from your first bet as playable funds on Jan. 1.

This bonus offer is only valid for all new DraftKings customers in Ohio age 21 and older.

DraftKings Promotions

The DraftKings Sportsbook brings ample promotions, but you must check on them daily as they have fast turnarounds and expiration dates.

For example, there could be one that lasts only 24 hours because it is for a game or an event taking place the next night.

  • Longshot Parlay Jackpot
    • Hit on the longest-odds parlay and win a $50k bonus in DK Dollars.
    • This is an event that expires on 6/14/21.
    • Minimum of 2-legs and $5 on the parlay.
  • Daily Free-to-Play Pools
    • Daily Polls that DraftKings Sportsbook offers to their users that are free.
    • You can win cash prizes.
  • Refer your friends and you both can receive a free bet of up to $100.
  • Big Bet Bonus
    • Earn a free $300 bet if you place a bet of $600+.
    • One per user.
    • Expires 8/14/21

My DraftKings App Experience

Contrary to most of the Draftkings Sportsbook competitors, you can find the mobile app on both the Android and iOS app stores. And similar to the website, the DraftKings Sportsbook app will appear busy to first-timers.

When you initially download and install the app — I used the iOS version — you will be asked to verify your location upon signing in. This is normal as DraftKings wants to protect themselves by making sure you are playing within the limits of a legal state.

If you’ve already been playing with the Draftkings DFS app, you will find your account balance at the top right. You may even already have funds to use. However, if you don’t, make sure you take advantage of the terrific new-user bonus they are offering that I explained earlier in this review.

On the left side, you will find your account profile as well as your notification tabs. Be sure to check your notifications as you may have rewards, promotions, or free bets waiting for you. The next line down you can scroll through are Draftkings’ active promotions. You must opt-in to most of them to take advantage of the offers.

In the mid-section of the app, you will find quick links to active markets as well as the day’s top action. Here, you can easily toggle through other sports as well.

At the bottom menu bar, you will find your home button on the left. This is self-explanatory. Next to the right, you will find your live betting button. Here, you will find active in-game betting options you can place wagers on.

In the idle of the menu, you will find one of the most user-friendly bet-slips on the market to keep track of your active bets. Next to that, you will find your search button where you can literally find any active bet for any active market in one place.

Finally, on the bottom right, you will find your promo button. Hit that and find out all of the other promotions that you may qualify for as DraftKings cant fit them all on the top of your home screen.

Despite the overall popularity of the Draftkings Sportsbook platform and how busy it can be at times, I have never experienced any lag with the app. I can’t say the same about their smaller competitors. While I do prefer the website to the app, they both have their advantages and disadvantages.

Should You Bet at DraftKings Sportsbook?

If you’ve read my reviews in the past, you’ve heard me say this before. To get the best odds, you must have multiple sportsbook accounts. Sure, it’s more work and time to shop the lines, but in the long run, it is worth it.

If DraftKings Sportsbook is not part of your everyday arsenal, then you are missing out. Sure, their lines aren’t as favorable at times, however, they offer more betting options than most, which means you will likely find it at DraftKings if you can not find it anywhere else. If they don’t have it, there is a good chance no one else will either.

I am not a fan of the popups, advertisements, or clutter on the website, but that is something you will get used to. In fact, most of Draftkings’ competitors have similar issues, only their sites are slower and not as aesthetically pleasing. So, you have to take the good with the bad.

And despite the popups, they are usually for free bets and promotions, which is in the user’s favor. While you need different apps to navigate through the DraftKings Sportsbook/Online Casino (both in one app) and DFS (separate app), you can use your account balances to play at any of them.

Overall, DraftKings Sportsbook is an excellent platform, but as I said, you must take the good with the bad. This is a terrific platform for the beginner, intermediate, and expert. There are also in-depth courses for beginner users to acclimate and educate them on the sports betting process. They also have a cashout option, a feature that some, not all, sportsbooks bring to the table.

DraftKings Sportsbook is operational in 11 states, more than anyone else I have seen on the market. Once you are used to navigating the platform and place a few wagers, you will see why DraftKings is one of the best all-around sportsbooks around.

How To Join DraftKings Sportsbook

Joining the DraftKings Sportsbook is easy here at thegameday.com. Here are the steps:

  • First, click the “Claim Now” or “Get Bonus” button to be redirected to the DK site to sign up. This will also let you take advantage of their new-user bonus which I explained earlier in this review (Deposit Bonus up to $1000 for new users, but terms and conditions apply).
  • Then, you will be asked to fill out a form with the usual information (Email, username, password).
  • Next, you will fill out more information (name, address, phone number, last four digits of SSN, etc).
  • On the final pages, DraftKings will attempt to secure and verify your account while using the geolocation feature to make sure you are playing within legal state limits.
  • If they can not verify your information, you will be asked to upload documents.

Payment Methods Available

DraftKings has multiple payment options available for its players.

Deposits

  • Credit/Debit Card
  • PayPal
  • Online Banking
  • Wire Transfer
  • ACH (eCheck)
  • PayNearMe (CVS, 7-Eleven, Dollar General, Family Dollar)
  • DraftKings Gift Card
  • Play+

There is a $5 minimum deposit for all methods.

Withdrawals

  • PayPal (3-5 days processing time with a $1 minimum withdrawal)
  • Check (7-14 days processing time with a $15 minimum withdrawal)
  • Casino Cage at Resorts Casino Hotel in Atlantic City New Jersey (one hour process time without a minimum)

There are no withdrawal fees for any method.

DraftKings Odds

DraftKings brings you fair odds that match the rest of the betting market. You won’t need to worry about losing value on underdogs, as both sides are generally separated by 20 cents, but this may increase with larger favorites.

For example, in a recent NHL game, the Golden Knights were favoured by -280 but the Ducks were +235 underdogs, which is a difference of 45 cents.

You’ll find pre-packaged Same Game Parlays and odds boosts here, which will help you get more value on your wagers while saving you the time of building your own parlays.

Overall, you’ll feel satisfied with the pricing on DraftKings, as there are no major discrepancies with the other sportsbooks within the industry.

Best DraftKings Betting Odds

Let’s take a look at the betting odds at DraftKings for each sport:

NFL

What stands out in NFL odds at DraftKings is their Weekly Specials market, which is not commonly offered at other sportsbooks. You can bet on a player to have the most passing, rushing, or receiving yards on the Sunday slate of games. These come at great prices, ranging from +700 to as high as +10000.

NBA

DraftKings offers a “First Basket" market, which is another type of wager that you won’t find at too many other spots. This is a fun way to take a shot at a large payout, since the odds are high. What’s also cool is that DraftKings offers head-to-head player props, where you can choose one player to get more in a specific stat than another player. These matchups are assigned by the operator.

MLB

You’ll enjoy player props of a wide variety here. What’s great is that DraftKings usually posts their props earlier than most other operators, giving you an opportunity to find value before the market adjusts. There are also novelty markets like “Most HRs in World Series," which is another distinctive feature.

NHL

DraftKings stands out in there Shots on Goal market, as they offer several players at fair odds. While other operators have this bet type, they don’t have the same type of player selection as DraftKings. There are also goalie props, where you can wager on the Over/Under on the umber of saves and goals against along with whether they get a shutout or not.

NCAA

The best part about DraftKings with college sports is their robust selection of player props. They’re also early at posting lines, allowing you to get the best number before it moves.

Leagues You Can Bet On

  • Australian Rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Football
  • Golf
  • Handball
  • Hockey
  • Lacrosse
  • MMA
  • Motor Sports
  • Olympic Games
  • Rugby league
  • Rugby Union
  • Soccer
  • Snooker
  • Table Tennis
  • Tennis

Bet Types

  • Moneyline
  • Teaser
  • Totals
  • Props
  • Parlays
  • Futures
  • Point Spread
  • Player Parlays
  • Round Robins
  • Live Betting
  • Pools

Rewards System

DraftKings Sportsbook has an aggressive VIP and Rewards system to keep the users coming back.

  • Rewards
    • DraftKings Rewards are awarded in Crowns.
    • You will receive a crown for every bet you place.
    • You can redeem your crowns for Draftkings dollars (site credits) along with other exclusive rewards.
    • To earn additional rewards, go to your “missions” and “promotions” page to play and unlock more crowns.
  • VIP
    • If you qualify for the Draftkings Sportsbook VIP program, you will receive exclusive benefits that include enhanced promotional offers, better customer support, personalized contests, and more.
    • While the DK VIP program is by invitation only, you can also qualify if you are a VIP member (or equivalent) at another casino or sportsbook by contacting dkvip@draftkings.com.

Customer Service

DraftKings Sportsbook is one of the most recognizable brands in the gaming industry, so it’s no surprise that there customer service lives up to expectations, available 24/7 to address your needs.

Here are the ways to contact their support team:

  • Live Chat
    • Go to the ‘Help’ section to find this feature.
  • Send a Message
    • On the DraftKings Sportsbook website or app, you must go to the “Contact Us” page.
    • You will then choose a topic and fill out the form which includes your username and email address, subject, and message.
  • Direct Email Address
    • sportsbook@draftkings.com
  • Mail

States Where You Can Bet At DraftKings Sportsbook

  • Arizona
  • Colorado
  • Connecticut
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Louisiana
  • Maryland
  • Michigan
  • New Hampshire
  • New Jersey
  • New York
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • Wyoming

Does DraftKings Sportsbook Have An Online Casino?

Yes, DraftKings does offer an online casino that is legal in Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia.

DraftKings Online Casino offers games that include jackpot slots, live dealers, table games, video poker, virtual sports, Keno, and many more.

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/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE: 800-889-9789 (TN).
21+. NJ/PA/WV/IN/IA/CO/IL/TN/VA/MI only. Deposit bonus requires 25x play-thru. Deposit Bonus issued as site credits. Eligibility restrictions apply.

Author

Anthony Cervino

Anthony Cervino is an NFL Writer and Betting Analyst for The Game Day. He is also a lifelong NFL savant and self-proclaimed league historian. In the industry, Anthony has excelled in both the fantasy football and sports betting space with fantasy his proverbial bread and butter. Anthony has made appearances on SiriusXM, amongst other publications. He is also the co-creator of the FF Faceoff (Faceoff Sports Network) and the FF Faceoff Mental Health Podathon partnered with the Hayden Hurst Foundation. Industry Clout: 15th most accurate ranker in the FantasyPros ECR for both draft and in-season accuracy (2019) | 8th most accurate ranker in the FantasyPros ECR for sleepers (2020) | 13th most accurate ranker in the FantasyPros ECR for in-season accuracy, including 2nd at quarterback and 3rd at tight end (2021).

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