DraftKings Sportsbook Review






DraftKings Sportsbook Promotions
New Customer Promotions
- $1,000 Deposit Bonus: Get a first deposit bonus of up to $1,000.
Daily Promotions
- Odds Boosts: Get daily odds boosts on your favorite sports.
- Sportsbook Pools: Unique to DraftKings, sign up for a contest, pay an entry fee, and make a selection on a number of straight-up picks. Prizes are awarded to those with the most correct picks in a tournament-style structure.
Refer A Friend
- Refer your friends and get a free bet up to $100.
What Is DraftKings Sportsbook
DraftKings is a long-established American company with over 9 million users worldwide. Making its name as an industry leader in Daily Fantasy Sports (DFS) contests DraftKings is now leading the way in the online sports betting industry with its Sportsbook.
In August 2018, DraftKings launched its first legal online sportsbook in New Jersey. Draftkings Sportsbook is now available in seven states – New Jersey, New Hampshire, Pennsylvania, Iowa, West Virginia, Indiana, and Colorado.
DraftKings Sportsbook Legal States
The online sports gambling landscape is fast-growing, with 20 states legalizing sports since 2018 and its likely other states will follow suit. DraftKings Sportsbook is currently licensed in the following states and is actively looking to expand into other states when possible.
- New Jersey
- West Virginia
- Indiana
- Pennsylvania
- New Hampshire
- Iowa
- Colorado
You can only place a bet while physically located in a state where DraftKings is licensed for regulated sports betting, however, you can access the majority of account capabilities, such as checking bets and withdrawing funds when located out-of-state.
How To Sign Up To DraftKings Sportsbook
Signing up for a DraftKings Sportsbook account is quick and easy. Simply click our sign up links to receive the best possible sign up bonus, no promo code required if you use the links.
- Enter your personal information: DraftKings will ask you to create an account username, input your email address, and enter a password. These will be the three details always used to access your account.
- Verify your information: State Law requires DraftKings to verify the identity and age of all players. Therefore DraftKings will ask for your personal information such as First Name, Last Name, Home Address, Date of Birth, and the last four digits of your Social Security number to verify your identity.
- Secure your account: You will then be asked to set some additional security measures such as recovery questions in case of forgotten information or account fraud.
- Confirm location: To comply with federal law, bettors must be present in a state that sports betting is legal. DraftKings will ask you to confirm your location via GeoComply before you can place any bets.
Make sure you sign up through Pickswise to claim a sign-up bonus of up to $1,000!
How To Play At DraftKings Sportsbook
How does DraftKings Sportsbook work? It’s simple and easy to place a wager on the DraftKings Sportsbook app. Once you have decided what bet you want to make, follow these simple steps:
- First we open an account – Open a DraftKings sportsbook account today!
- Log in to your account
- Use the navigation to select the sport
- Pick your market
- Choose your wager
- Enter your wager amount
- Hit ‘Place Bet’
- You will be able to see wagers you have placed by pressing the ‘My Bets’ tab
DraftKings Sportsbook Mobile App
DraftKings Sportsbook offers a modern fully-integrated app that is super easy to use. With thousands of markets available, from live games to futures markets across numerous different domestic and international sporting events, the sheer range of markets you can bet on through the DraftKings Sportsbook app is impressive.
Due to location services requirements, DraftKings Sportsbook is not available via the web on a mobile device. To play DraftKings Sportsbook, you must download the DraftKings Sportsbook app on either an Android or IOS device.
Android users: Google Play does not allow real money gambling apps, so you must download the app from the link provided on the DraftKings Sportsbook website.
IOS users: download the app directly from the App Store.
Deposit & Withdrawal Options
DraftKings Sportsbook offers a few main methods of depositing funds into your account. While not as vast a list as you may find at some bookmakers, all of the main methods are available and should have the majority of bettors.
The accepted methods of depositing are as follows;
- Credit and debit cards: DraftKings accepts Visa, Discover, and Mastercard.
- Online banking: Transfer funds from your bank to DraftKings. No credit card is required.
- PayPal: Use your PayPal account to transfer funds to and from DraftKings Sportsbook instantly.
- Skrill: An e-wallet similar to PayPal but with a greater focus on serving the online gaming industry.
- Play+ prepaid card: The DraftKings prepaid card allows you to make deposits online using your own credit card, debit card or bank transfer.
- Wire transfer: Wire transfers take 1-2 business days and may require a trip to the bank, but is a useful option for making large deposits.
Draftkings Sportsbook process withdrawals via the following methods:
- Check
- PayPal
- ACH
- Cage pick up
Sports Available
At DraftKings Sportsbook you can wager on the majority of collegiate and professional sports, currently, a total of 15 sports are offered on their sportsbook, which is as follows;
- Aussie Rules
- Baseball
- Basketball
- Boxing
- Cricket
- Cycling
- Darts
- Football
- Golf
- MMA
- Motorsport
- Rugby League
- Rugby Union
- Soccer
- Tennis
Betting Markets
With numerous sports available to wager on at DraftKings Sportsbook, there are a countless number of markets in which you can bet on.
Available markets differ from sport to sport, but at DraftKings Sportsbook you can place a wager on all the main markets:
- Moneyline
- Against the spread
- Over/Under
- Parlays
- Teasers
- Round robins
Prop Bets
Prop bets allow you to bet on a game without necessarily the outcome of the game itself. From a player to score a touchdown, hit a home run or hit over a certain number of three-pointers, the possibilities are endless with prop betting.
Futures
You can also bet on futures markets that are offered at various stages during a season, whether it’s on a conference champion, outright winner, DraftKings Sportsbook offer plenty of markets for bettors who prefer long-term wagers across a season.
Sports Betting Pools
Unique to DraftKings, and derived from their background in daily sports fantasy contests are the DraftKings Sports Betting Pools. The Sports Betting Pools are somewhere between daily fantasy contests and traditional sports betting methods, an exciting way to combine both.
When you sign up for a contest you pay an entry fee, and make a selection on a number of straight-up picks, with the prizes awarded to those with the most correct picks in a tournament-style structure.
Betting Odds
DraftKings Sportsbook allows you to change the style of odds you see, with both fractional or decimal odds available across all markets to fit your personal preferences.
Understanding how odds work is important, particularly if you are new to betting. Betting odds tell you how likely the outcome will be but also how much your potential winnings are if placing a bet.
DraftKings has made it easy to understand with their bet slip calculating potential winnings before placing a bet and an interchanging odds style, to fit your preferences.
American Odds
American odds are most commonly used and are defaulted on DraftKings Sportsbook, recognizable by a + or – before the numerical odds. American odds are probably the easiest to understand as odds represent how much the bettor will have to wager to win $100.
American Odds always use a baseline value of $100. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount.
A -150 favorite means you must risk $150 to win $100. So you either lose $150 or win $100, or push.
A +400 underdog means you risk $100, but you win $400. You either lose $100 or win $400, or push
Live In-Game Betting
You may want to place a bet on an event that is already happening, and DraftKings Sportsbook is just the place for it. DraftKings is the pioneer of Live In-Game Betting.
Live In-Game Betting allows users to place bets on live matches while they are in progress with odds dynamically updating in line with the on-field action. With Live Betting, you can also cash out your wager during games to secure a profit, regardless of the final outcome of the game.
When placing a wager on Live Betting, you’ll notice the odds changing to react to the action, as it happens. Due to the changing nature of the odds, there will be a slight delay when placing a bet, but once confirmed, you’re on! And the bet will settle as soon as the outcome is known.
How To Bet A Parlay At DraftKings Sportsbook
To bet a parlay at DraftKings Sportsbook:
- First we open an account – Open a DraftKings sportsbook account today!
- Log in to your account
- Use the navigation to select the sport
- Pick your market
- Choose your wagers one at a time
- Enter your wager amount in the parlay box
- Hit ‘Place Bet’
- You will be able to see wagers you have placed by pressing the ‘My Bets’ tab
Remember, a parlay bet is a bet placed on multiple outcomes to occur. For a Parlay bet to win, all outcomes within the Parlay must be selected correctly. The odds for each pick are multiplied by one another to determine the odds for the Parlay.
Customer Support
DraftKings Sportsbook offers customers support 24/7 with various possible ways to contact the support team, to suit every preference.
- Live Chat
- Mailing address: US Office, PO Box 399, Hoboken, NJ, 07030
- Email: Sportsbook@draftkings.com
- Phone: Players can fill out a form on the contact us page to receive a call back from an advisor
From a 24/7 live chat on the contact us page, a mailing address, contact us form, and a designated twitter page @DK_Assist, someone at DraftKings Sportsbook will be at hand to assist your every need.
DraftKings Sportsbook FAQs
DraftKings Sportsbook is currently licensed in the following states:
- New Jersey
- West Virginia
- Indiana
- Pennsylvania
- New Hampshire
- Iowa
- Colorado
Click ‘My Account’, select ‘Withdraw’, input the amount you wish to withdraw (more than $20), and select the withdrawal method. Finally, press ‘Request Withdrawal’.
Yes, you can transfer money from your DraftKings Daily Fantasy account to your DraftKings Sportsbook account, but only winnings.
The accepted methods of depositing are as follows;
- Credit and debit cards: Visa, Discover, and Mastercard.
- Online banking
- PayPal
- Skrill
- Play+ prepaid card
- Wire transfer
Draftkings Sportsbook process withdrawals via the following methods:
- Check
- PayPal
- ACH
- Cage pick up
DraftKings Sportsbook offers customers support 24/7 with various possible ways to contact the support team, to suit every preference.
- Live Chat
- Mailing address: US Office, PO Box 399, Hoboken, NJ, 07030
- Email: Sportsbook@draftkings.com
- Phone: Players can fill out a form on the contact us page to receive a call back from an advisor
No, once bets have been placed and their acceptance has been confirmed they may not be canceled. Always ensure that your bets are correct before submitting them. You may have the opportunity to “cash-out” your bet before the market goes live