HomeSportsbookDraftKings

DraftKings Sportsbook

Table of contents

In this article, we will discuss all the features of the DraftKings Sportsbook. We will see the available sports games, the DraftKings Sportsbook mobile app, the pros and cons, and the deposit and withdrawal methods. Read further to have a deep dive into everything you need to know about DraftKings Sportsbook.

About DraftKings Sportsbook

Initially, DraftKings was famous for its daily fantasy website, which DraftKings is famously a pioneer of. It is headquartered in Boston and was launched in 2012. However, with the launch of a sportsbook in August 2018 in New Jersey, DraftKings made a huge impact on the US market’s online sports betting.

Three friends and coworkers, Jason Robins, Paul Liberman, and Matt Kalish had got the idea of opening a daily fantasy gaming platform that was better than season-long fantasy, and they co-founded DraftKings. With a marvelous website design and mobile app, people find it a highly user-friendly and easy-to-use platform. Moreover, the sportsbook offers a huge market and sports to place bets on, including all the major leagues, and even college sports. Furthermore, the sportsbook is famous for, live-streaming, live betting, frequent odds boosts, quick cashouts, and a number of deposit and withdrawal methods available.

Yes, DraftKings is certainly a legal online sportsbook and offers a satisfying experience to its customers. Although it is not legal in every state of the US, it has officially acquired its license in states where it is legal, and anyone 21 or more years of age can sign-up. DraftKings is legal in the following states:

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

DraftKings has a single app for all the states where it is legal, and as more states legalize online sports betting, DraftKings is added more to its list.

How to join DraftKings Sportsbook

The joining procedure of DraftKings Sportsbook is very easy, and it only takes a few minutes to start betting. For this, you can either go to the website or download the mobile app. Then, you need to enter your email address, and some basic information, verify your location and start betting. Follow these simple steps to join and start betting on the DraftKings Sportsbook:

  1. Download the DraftKings sportsbook app from your mobile or go to the official DraftKings website.
  2. Click on “Join sportsbook.” (Make sure you choose the sportsbook option, because you might have to choose from the sportsbook, daily fantasy, and Casino options).
  3. Choose a username, and enter your email address and password. Adding a promo code is also optional.
  4. Follow the instructions and enter further details which include, your name, date of birth SSN, phone number, and address.
  5. In the next step, the sportsbook will confirm your location; verify your location.
  6. Deposit some money with your choice of deposit method.
  7. Enter a promo code to receive the bonus for making the first deposit.
  8. Start betting on your favorite sports and teams.

Sports available on DraftKings sportsbook

DraftKings Sportsbook has a huge market with a variety of sports and games. For instance, you can choose from over 70 different soccer leagues and about 20 different tennis tournaments, along with all other sports major leagues including NFL, NHL, MLB, NBA, etc.  Another distinguishable fact is that the sportsbook of DraftKings even includes less famous and known games to lure customers. This kind of strategy and variety is often rare among online betting operators. Moreover, the sports available in DraftKings Sportsbook do not just limit to only specific leagues, instead, they offer a lot of clubs and internal matches as well. DraftKings also didn’t forget to include college sports. One can say, it is quite intriguing to see a vast market depth and abundance of games and leagues available on DraftKings. With all this, do not always fall into the trap of betting on the teams that you just like or are a fan of. Make sure you follow the game and know the teams, players, and their level of skill to increase your chances of success.

Here is a compilation of a list of major games that people like to follow and bet on. The list is as follows:

  • Football – The most loved National Football League (NFL) certainly has to be on the list of sports available to bet on. DraftKings can’t leave football off the list because of its popularity and the numerous betting chances it gives. In fact, the sportsbook offers certain popular forms of bets that you may place on football games. Parlays, prop bets, futures, live or in-game betting, money lines, and over/under bets are some types of bets available for football.
  • Basketball – No doubt, basketball including the NBA is among the top sports that people love, follow and prefer to bet on around the world. Mainly because it combines exciting, fast-paced games with unpredictable outcomes, giving fans a wide range of wagering options. While basketball is one of the more straightforward sports to wager on, there is a foundation of information that new basketball bettors should have before placing their first bet on DraftKings sportsbook.
  • Tennis – Tennis is available in both, the sportsbook of DraftKing and Daily Fantasy Sports. However, you need to go through the exact rules on the Daily Fantasy Sports before placing bets, as the rules are slightly different. People love tennis around the globe and US is not behind in fan base and following for tennis. Therefore, you can enjoy a lot of leagues, championships, and other matches and place bets on any game you like. For bet types, you can find futures, live betting, money lines, and prop bets.
  • Baseball – There are numerous types of bets available for baseball and Major League Baseball (MLB) that players can enjoy and use to have fun or earn money. Prop bets, futures, money lines, parlays, run lines, and live or in-game betting are among the baseball wagers accessible in the sportsbook. Moreover, baseball is among the highly unpredictable sports, so before placing a bet, make sure to know about the players, their skills, and their teams. This will help reduce risk and increase the probability of winning on your bets.
  • Soccer – Soccer is mainly available in DraftKing’s Daily Fantasy Sports, you may find it under the “Soc” menu in the list of games. Soccer is an enjoyable game for bettors, and fans, and that is why all the fantasy soccer games are made using real statistical data, which ensures vast opportunities for the bettors.
  • Boxing – Who doesn’t like to bet on boxing matches? In fact, people spend huge amounts of money to place bets on boxing matches. Thereby, bettors and players earn a massive fortune out of it. Besides, the fun and entertainment factor is always there in boxing.
  • MMA – Martial arts have always been the favorite type of game that people have loved to bet on for a long time. Now, as more people can see the MMA as it has raised to a whole new level, and UFC has become a global favorite sport, people want to bet on it even more. You can find UFC fights and other growing leagues as well on the sportsbook and find some types of bets to choose from for MMA.
  • Gymnastics – Gymnastics is one of the most popular sports, especially in Olympics. NBC’s viewership peaked in 2016 when Simone Biles won the gold medal in the all-around competition, with over 33 million viewers in the United States. Gymnastics events are attracting a lot of attention, as well as betting interest. DraftKings offers pools in which you can earn thousands of dollars if you accurately predict the outcome of specific gymnastics events.
  • Badminton – While badminton is not as popular for betting as other sports such as football (soccer), tennis, or basketball, it is nonetheless popular among punters worldwide. There are numerous high-level badminton competitions on which to bet, and some major ones have contests each year.
  • Lacrosse – Lacrosse is a rapidly expanding sport, but unlike many other sports, it has been featured in very few sportsbooks. DraftKings is one of those few sportsbooks in the US. Apparently, lacrosse is divided into two types: field lacrosse (outdoor) and box lacrosse (indoor). Firstly, field lacrosse is played outside, typically on football fields with each team having 11 players including a goaltender on the field. Secondly, Box lacrosse is played within arenas with each team having six players including a goaltender on the field. DraftKings has announced a partnership with Premier Lacrosse League (PLL) in order to give its users the best experience of Lacrosse. It has been named the official sports betting partner of the Premier Lacrosse League and the forthcoming championships.
  • Horse racing – Betting on horse racing is legal in most of the United States. That also involves online wagering in this age of the internet and mobile devices. DraftKings offers a lucrative experience of betting on horse racing. Moreover, it provides a diverse variety of racecourses with the option of live betting on both its website and mobile app. Further, it provides a thorough guide on how to bet on horse racing for newcomers to this sport.
  • Virtual sports – The newest innovation in the wider sports betting sector is virtual sports betting. Conducting sporting events online — through computer software —is opening up a whole new universe of possibilities for sportsbooks and bettors all around the world. Besides, DraftKings is one of the pioneers in virtual sports in the industry. Additionally, it has partnered with Inspired Entertainment to provide its users with a one-of-a-kind experience. Betting on virtual sports differs from betting on traditional sports. The match’s outcome will be determined by a random number generator. This means that you never know what will happen in a virtual sports game. As a result, some believe that virtual sports betting resembles casino gaming more than regular sports betting

Benefits and drawbacks of DraftKings Sportsbook

DraftKings Sportsbook has many benefits, but also some drawbacks. Check out some of them below:

Benefits

DraftKings has many excellent features. Here are some advantages that bettors can get by betting at DraftKings:

  • Great app – DraftKings sportsbook is simple to use on all platforms and has a beautiful design. Their DFS platform has a similar appearance and feel. It provides contemporary software that works well and is simple to use. In addition, it provides the broadest and deepest betting selection in terms of both width and depth. You can wager on almost every sport, and the sheer variety of activity is astonishing.
  • Safe and secure – DraftKings Sportsbook is fully legitimate. The New Jersey Division of Gaming Enforcement regulates and licenses it, and it shares its license with the Resorts Casino and Hotel in Atlantic City, NJ. Moreover, DraftKings has built its reputation by providing a safe and secure environment for bettors. If we are talking about security, DraftKings is one of the safest sportsbooks currently operating.
  • Beginner friendly – Using the DraftKings Sportsbook app to bet on sports is straightforward and easy, and it doesn’t matter if you’re a seasoned sports bettor or not. The interface is fast and efficient, and you can easily find your favorite sports or game, and bet on it with just a few clicks. Everything has proper labels and arrangements. Finding your favorite sports and odds is easy.
  • Known brand – For American gamblers, the DraftKings online sportsbook and betting app is one of the most well-known legal sportsbooks. They currently have over 8 million users. The company holds a large share in the betting market of the USA and is operating here for about a decade. In addition, DraftKings has built its reputation over the years in DFS. Now it has become a household name in the US.
  • Many games to bet on – When it comes to sports diversity, DraftKings excels, allowing you to wager on even more sports than many of the other applications. Most sportsbooks only focus on famous games, but DraftKings has developed a niche category of small games that are not very popular. If you have a specialty sport in which you are an expert, this site will almost certainly enable you to wager on it. You can wager on games on a diverse category of games, including some famous ones are Soccer, Hockey, Cricket, NBA, etc.
  • Excellent promotions – Welcome bonus, refer to your friend bonus, big bet bonus, free bets, deposit bonus, and Friday slot bonus are some of the promotions that are offered on DraftKings Sportsbook regularly. Then there are also generous promo codes offered at their site or other sites for promo codes.

Drawbacks

No matter how good a sportsbook is, there are some cons to it. Here we will look into some of the drawbacks of DraftKings Sportsbook:

  • Odds are better at other sportsbooks – It’s one of the main disadvantages of the DraftKings Sportsbook. They frequently demand more than competitors like FanDuel. The odds are better than many sportsbooks, but it isn’t comparable to its competitors like FanDuel and BetMGM. While prices are always prone to change, there isn’t been anything noticeable during the last few months.
  • DraftKings points system – The points system can seem a little complex for new players. Moreover, winning against experts and experienced players on the platform can be difficult for newcomers.

Types of bets available on DraftKings Sportsbook

In terms of the sorts of wagers offered, DraftKings has a lot to offer. Expect to find all the conventional options in online sportsbooks, as well as a wide variety of different lines and secondary markets such as halves, quarters, and periods. DraftKings offers a wide range of wagering possibilities, which are mentioned below.

  • Spread bets – The most popular form of the wager made by sports gamblers is on a point spread. A sportsbook will simply predict that one team will win by a certain amount of points over another (or goals/runs etc.). It is the number of scoring units that signify the favorite’s predicted victory margin over the underdog.
  • Future bets – A wager on the probability of a longer-term event is known as a futures bet. Wagers on a team winning the league title or a certain athlete attaining a specific performance goal are two examples of typical future bets.
  • Moneyline bets – In all sports betting, a Moneyline bet is the simplest wager. By choosing the outright winner, you may bet on which team or the player will claim the victory in the match or the game.
  • Middle bets – A middle bet, often known as middling, is the practice of betting on both sides of a line with the chance of winning both bets winning. It is similar to arbitrage betting in that the goal is to take advantage of pricing differences between bookmakers.
  • Teaser bets – The teaser bets allow point spreads and game totals to be adjusted on two or more choices. All teaser choices are purchased for a certain number of points. The payment odds are determined by the number of selections chosen and the number of points chosen. To win, all choices must be correct.
  • Over/ under bets – A gamble on the total, often known as the over/under. It is a bet on the total amount of points, runs, or goals scored in a game or match. Totals may be found for a variety of team and player statistics.
  • Handicap bets – Handicapping is used to give one of two rival teams an early advantage. Sportsbooks use a handicap margin on the final score to judge the game’s outcome. This advantage goes to the underdogs, making the game more tempting to bet on. Handicaps are used to level the playing field for both sides.
  • Reverse bets – With reverse bets, you may place if bet with reverse action, which means you’ll have two wagers on each side. If your first bet wins or ties, you’ll put your second bet, or if bet two wins, you’ll place one.

Payment methods available on DraftKings Sportsbook

It’s simple to deposit and withdraw money at DraftKings. One of the key benefits of wagering with a fully authorized legal sportsbook is the convenience of banking transactions, and DraftKings offers a variety of alternatives.

DraftKings does not charge any fees for deposits or withdrawals, regardless of the payment method you use. After you’ve created your account, you may select from a variety of fast deposit choices to get started right away. In comparison to the competitors, DK sportsbook offers a restricted selection of deposit options. However, there are still a lot of familiar choices:

  • Visa
  • Mastercard
  • PayPal
  • Play+
  • Prepaid cards
  • Neteller

DraftKings sportsbook notable dates

DraftKings is a daily fantasy sports tournament and sports betting company based in the United States that was founded in 2012. It started as a daily fantasy sports site. They received funding from FOX Sports, Kraft Group, and others in 2015. DraftKings and FanDuel planned to merge in 2016. But the deal fell through in 2017 due to a flurry of legal obstacles and costs related to an FTC accusation that the combined company would create a monopoly. Around this period, DraftKings began developing its sportsbook technology in anticipation of legalization in the United States. DraftKings opened its sportsbook in New Jersey for the first time in August 2018, making it the state’s first licensed mobile sports betting operator. Since then, DraftKings has developed at a breakneck pace.

It has signed quite amazing and great deals that have put it in the limelight. In March 2021, one of the most well-known agreements took place. Dish Network and Draftkings have established a partnership to bring sportsbooks and daily fantasy experiences to Dish consumers in the United States. Recently DraftKings announced a collaboration with Crypto and NFT organization Zero Hash on March 7th, 2022. This will kick off the practice of staking digital assets on the Polygon digital asset trading platform. As a result, DraftKings became one of the first corporate Blockchain validators.

Virtual sports on DraftKings Sportsbook

After the coronavirus outbreak halted live athletic events earlier in 2020, DraftKings eventually added virtual sports to its lineup. Their virtual sports reporting is extensive, with 14 virtual sports available for wagering at the moment. Basketball, soccer, and, of course, horse racing are among the options.

DraftKings claims to provide “the most comprehensive and innovative virtual sports portfolio available.” If you’re concerned that actual sporting events may be canceled again, it’s worth checking out DraftKings’ virtual sports to get a sense of things.

FAQ

What is the legal age to play on DraftKings Sportsbook?

You must be 18 or older to participate in DraftKings Sportsbook or in New Hampshire, and 21 or older in all other states where it’s available. Remember to always double-check the age requirement if you suspect you might not be over the minimum age limit.

Are my funds secure on DraftKings Sportsbook?

Yes, your funds are secure on DraftKings Sportsbook. DraftKings website is secure, and the company has an excellent track record. It employs the safest and most trustworthy payment methods. Before placing any wagers, users must verify their location and identity, and withdrawals are processed quickly.

Is DraftKings the best Sportsbook in the United States?

DraftKings is considered one of the best sportsbooks in the US. Basically, it started as DFS and is one of the pioneers along with the likes of FanDuel and BetMGM. Furthermore, it is also one of the first licensed sportsbooks in the US. Fast-forward to now, it has become a household name in the sports betting industry.