DraftKings Sportsbook Review
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DraftKings Sportsbook welcome bonus details
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Welcome bonusBet $5, get $200 in bonus bets instantly
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Promo codeNo code required
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Minimum deposit$5
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Bonus bet expiration7 days
Pros
- Available in more states than any other sportsbook
- Incredible app and user interface
- Great selection of same game parlays
- Amazing coverage of many sports
Cons
- Amount of information presented can be overwhelming
Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, Wyoming
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Est.2012
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HeadquartersBoston, MA
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CEOJason Robins
DraftKings Sportsbook overview
From its humble beginnings as a daily fantasy sports company, DraftKings has grown immensely in the past few years, becoming one of the biggest sportsbooks in the U.S., according to Next.io. Now, it’s one of the most recognizable names in sports betting. It has earned that lofty status by providing a top-tier sports betting experience in many legal U.S. markets.
The DraftKings sign-up offer kicks every new user’s experience off right with an excellent welcome bonus. DraftKings doesn’t stop there.
DraftKings is available in more states than even FanDuel, which doesn’t operate in Maine, New Hampshire, or Oregon. The availability of DraftKings along with its thoroughly enjoyable user experience makde it a logical choice for bettors nationwide.
Claiming the welcome bonus requires no DraftKings promo code. Simply click one of our exclusive links to earn the bonus offer. Once you do, sign up and opt-in for the promo.
21+ only (18+ DC/KY/NH/WY). New customer only. Must be physically present in AZ/CO/DC/CT/IL/IN/IA/KS/KY/LA(select parishes)/MA/MD/ME/MI/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY only. Void in ONT/OR/NH and where prohibited. Eligibility restrictions apply. 1 per new customer only. Min. $5 deposit. Min. $5 bet. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Ends 11/17/24 at 11:59 PM ET. Terms: dkng.co/bball. On behalf of Boot Hill Casino & Resort (KS). Please Gamble Responsibly. Call 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).
AZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY
To claim the DraftKings Sportsbook promo, you must deposit at least $5 and place a wager of $5 or more. Once you check both of those boxes, you’ll get $200 in bonus bets instantly.
The bonus at DraftKings hits all the right marks. It’s easy to claim, requires very little upfront investment, and grants a great value.
Every welcome bonus has terms and conditions, and for this DraftKings welcome bonus, you need to know the following:
- The bonus is only available to new customers.
- The bonus bets are received as eight $25 bonus bet tokens
- The bonus bets must be wagered 1x before any winnings can be withdrawn.
- The bonus bets are not included in any returns or winnings, nor are they redeemable for cash, transferable, or refundable.
- The bonus bets expire after seven days.
Other promos & bonuses at DraftKings Sportsbook
This review has already covered the DraftKings welcome bonus, but that is just the tip of the proverbial iceberg. Let’s take a look at common promotions on offer at DraftKings. You can also compare DraftKings’ array of promos with a look at all of the other major sportsbook promotions here.
NFL TD Scorer Stepped Up
Build your pre-match NFL Touchdown Scorer parlay, same game parlay or same game parlay x and get up to a 100% Profit Boost. Boost amount depends on the number of selections on your qualifying bet, and each leg must be -200 odds or longer (-150, +200, etc.).
All-sport same game parlay insurance
Opt-in and use the special token to place a 3-leg (or more) same game parlay at DraftKings. A same game parlay is a parlay bet where you have the opportunity to place multiple bets on the same game, which some sportsbooks allow you to do. If only one leg of your SGP loses, you’ll get the wager amount back in bonus bets. You can use those bonus bets to make additional wagers.
This type of bonus is frequently available for DraftKings Sportsbook users, and it’s a great way to keep yourself in the game even if your SGP loses by a leg.
Profit boost tokens
DraftKings offers a deep well of profit boosts. These change based on what sports are currently in season and other factors. Some boosts may apply only to a specific prop bet, while others can be applied to any qualifying bet on a given sport. For example, DraftKings might boost the profit of a specific NBA player to score more than 25 points in an upcoming game. Alternatively, you might find profit boosts just for betting on hockey or for any same game parlay.
No-sweat bets
No-sweat bets are similar to the aforementioned parlay insurance bonus. Place your bet, and if it loses or meets certain conditions, DraftKings will return all or part of your wager in the form of bonus bets.
Refer a friend
You can refer friends to sign up for DraftKings and receive up to $100 in bonus bets if they create an account and meet the conditions. When your friend signs up, you’ll get credits equal to his or her first deposit as long as it’s at least $25. The maximum you can receive this way is $100 in bonus bets.
DraftKings offers a thoroughly excellent user experience. That shouldn’t come as a surprise given its place as one of the top sportsbooks in the industry, but lets dig into what actually makes it so good.
Navigating DraftKings is super easy. The home page lists all the current sports that are in season. There are special promoted bets such as props and same game parlays listed with boosted odds. Scrolling down shows users upcoming games to bet on.
Finding a particular game is easy, too. You can sort through every sport or search for an event directly. For live bettors, there’s an “In-Game” button on the bottom menu that also shows how many games are currently in progress and bettable.
Placing a bet is a simple, seconds-long process. Click the wager you’d like to make to add it to your bet slip, then type your bet amount and click “place bet.” DraftKings will tell you how much the bet would pay if it’s a winner. After placing a bet, it takes only a few seconds to process, barring any odds changes.
For new bettors, the DraftKings user interface might feel like it’s a bit much. There is a whole lot of information on offer, and it can be hard to parse through it to find what you’re looking for. Seasoned gamblers won’t see a problem with this, but new or casual bettors might struggle a bit to navigate the site.
21+ only (18+ DC/KY/NH/WY). New customer only. Must be physically present in AZ/CO/DC/CT/IL/IN/IA/KS/KY/LA(select parishes)/MA/MD/ME/MI/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY only. Void in ONT/OR/NH and where prohibited. Eligibility restrictions apply. 1 per new customer only. Min. $5 deposit. Min. $5 bet. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Ends 11/17/24 at 11:59 PM ET. Terms: dkng.co/bball. On behalf of Boot Hill Casino & Resort (KS). Please Gamble Responsibly. Call 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).
How to sign up for DraftKings Sportsbook
Ready to sign up for DraftKings? It only takes a few minutes. You can start signing up now and place your first bet quickly. Follow these steps:
- Use the exclusive link to head to DraftKings (we recommend signing up on desktop for simplicity’s sake, but phones work too).
- Select “Sign Up.”
- Provide all the requested details, including your first name, last name, phone number, date of birth, password, email address, username and more. You may also need a driver’s license and/or the last four digits of your social security number to confirm your identity.
- Select “Create Account.”
- Make your first deposit (be sure it’s $5 or more to claim the bonus).
- Start betting.
If you’ve ever signed up for any online account, be it at a shopping site, bank, or social media platform, this process will feel familiar to you. You’ll need a few extra details for DraftKings to confirm you are of legal gambling age.
The DraftKings signup steps only took us a few minutes to complete. It’s a quick and simple account creation process.
DraftKings Sportsbook app: Simple, clean, effective
DraftKings has earned its place as sports betting royalty, and that’s thanks in large part to its immaculate mobile app. You’ll recognize the app right away whenever you log in, with DraftKings’ trademark green overlaid on a black background. The app is incredibly fast, loading games and betting options quickly.
The DraftKings Sportsbook app homepage layout is one of the best in the industry. It lists current and upcoming events in the biggest sports. The menus contain a crazy amount of information without cluttering the experience. The presence of team logos helps you find your favorite teams easily, too.
When it comes to sports betting apps, DraftKings consistently ranked at or near the top in every aspect, and there’s only one sportsbook that is slightly better in terms of mobile design—its fiercest rival, FanDuel.
The DraftKings Sportsbook is chock full of amazing features and functionality. Here are three especially useful DK features:
Live streams
You can watch certain games or events live within the DraftKings app—no TV service or cable provider is required. Head to the “Live” page and look for the orange icon that says “Watch.” That means you can watch the match as it’s happening live. It’s great to be able to check on a game’s progress as you’re betting on it.
Social groups
DraftKings makes sports betting a social experience with betting groups. You can join up with your friends and encourage each other within the group. You can also tail friend’s bets, as the group shows what wagers your friends are making (without the amount).
DraftKings pools
Outside of betting, DraftKings offers various pools. In these pools, you make picks from a field of potential outcomes, and players who get the most picks right will win prizes such as bonus bets, cash and more.
DraftKings has a few things going for it in the banking department. First, Venmo withdrawals have no minimum, while other methods have only a $1 minimum. Check by mail is an option, though it has a $15 minimum withdrawal.
The variety of deposit methods is staggering, making it easy to fund your account. Withdrawals are all processed with lightning speed, usually hitting your account in less than two days maximum.
Online banking | |
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Deposit | |
Withdrawal | |
Withdrawal speed | Less than 24 hours |
Additional fees |
Credit/debit | |
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Deposit | |
Withdrawal | (debit only) |
Withdrawal speed | Less than 24 hours |
Additional fees |
PayPal | |
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Deposit | |
Withdrawal | |
Withdrawal speed | 1-2 days |
Additional fees |
VIP Preferred eCheck | |
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Deposit | |
Withdrawal | |
Withdrawal speed | N/A |
Additional fees |
Play+ prepaid card | |
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Deposit | |
Withdrawal | |
Withdrawal speed | N/A |
Additional fees |
Wire transfer | |
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Deposit | |
Withdrawal | |
Withdrawal speed | N/A |
Additional fees |
Gift card | |
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Deposit | |
Withdrawal | |
Withdrawal speed | N/A |
Additional fees |
Venmo | |
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Deposit | |
Withdrawal | |
Withdrawal speed | 1-2 days |
Additional fees |
Apple Pay | |
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Deposit | |
Withdrawal | |
Withdrawal speed | N/A |
Additional fees |
Check by mail | |
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Deposit | |
Withdrawal | |
Withdrawal speed | Up to 14 days |
Additional fees |
Banking terms and conditions
Whenever you’re depositing or withdrawing to or from an online sportsbook like DraftKings, you should keep the terms and conditions in mind. Here are a few worth highlighting so players are prepared when they go to fund their accounts.
Minimum deposits and withdrawals
Many sportsbooks impose minimum deposits and withdrawals. DraftKings imposes a minimum deposit of $5, so you can’t deposit just $1. It must be $5 or more.
Withdrawals are a tad more flexible. You can withdraw any amount using Venmo or as little as $1 using other methods. This is great compared to other sportsbooks, which can have withdrawal minimums as high as $20.
Method-specific withdrawal requirements
If you wish to withdraw using PayPal, Venmo or a debit card, make sure you deposit using that method first. DraftKings won’t let you withdraw using those methods unless you’ve already connected one of them and used it to make a deposit.
Venmo and PayPal stipulations
When you deposit using PayPal or Venmo, you must use either your existing balance or a connected bank account. You cannot deposit using Venmo or PayPal with a connected credit or debit card. If you’d rather deposit using a credit or debit card, DraftKings accepts both of those methods.
21+ only (18+ DC/KY/NH/WY). New customer only. Must be physically present in AZ/CO/DC/CT/IL/IN/IA/KS/KY/LA(select parishes)/MA/MD/ME/MI/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY only. Void in ONT/OR/NH and where prohibited. Eligibility restrictions apply. 1 per new customer only. Min. $5 deposit. Min. $5 bet. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Ends 11/17/24 at 11:59 PM ET. Terms: dkng.co/bball. On behalf of Boot Hill Casino & Resort (KS). Please Gamble Responsibly. Call 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).
How does DraftKings stack up to the competition regarding the types of bets you can make? What about sports you can bet on? This section will briefly examine the data to answer these questions.
Note that the bets below cover most, but not all, of the wager types available. Check DraftKings for the full slate of wagers on offer.
Sport | Bet types |
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Aussie Rules | Moneylines, point spreads, props, futures |
Baseball | Moneylines, point spreads, totals, props, futures |
Basketball | Moneylines, point spreads, totals, props, futures |
Boxing | Winner bets, fight props, round props |
Cricket | Moneylines (2-way and 3-way), props, double chance, futures |
Cycling | Futures |
Darts | Moneylines, point spreads, totals, props, checkouts, futures |
Football | Moneylines, point spreads, totals, game props, player props, futures |
Golf | Outright, top 5, top 10, hole winner, props, futures |
Hockey | Moneylines, puck lines (point spreads), totals, props, specials, futures |
Jai Alai | Moneylines, correct score, futures, set winner |
Lacrosse | Moneylines, point spreads, totals, futures |
MMA | Moneylines, point spreads, total rounds, props, winning method |
Motor sports | Futures, props |
Rugby League | Moneylines (2-way or 3-way), point spreads, props, futures |
Rugby Union | Moneylines (2-way or 3-way), point spreads, total, props, futures |
Soccer | Moneylines, point spreads, totals, props, futures |
Table tennis | Moneylines, point spreads, totals, props |
Tennis | Moneylines, total games, point spreads, sets, props |
The DraftKings portfolio of markets is incredibly deep. If you enjoy a sport and want to bet on it legally, chances are DraftKings will have you covered. If you want to learn more about betting on a particular sport, we also have you covered with our in-depth sports betting guides.
It makes sense to start with the best thing about DraftKings’ customer support: the Help Center.
Many sportsbooks have a help center with various FAQ and bits of information. DraftKings has one of the best help centers, hands down. It’s searchable, it lets you sort by category and it provides information on all sorts of topics from taxes, to betting guides, to deposits and withdrawals. Many issues can be resolved by giving the help center a thorough scouring.
Still need help? You can access it via email or live chat. The live chat has a pesky bot that you have to get through first. Once you get in touch with an agent, the live chat is fast and helpful.
DraftKings vs. FanDuel: A brief comparison
How does DraftKings compare to its rival FanDuel Sportsbook? This is a dead heat, and let’s kick things off by saying you probably want to have both sportsbook apps on your phone.
If you’re looking for how they compare directly, they’re incredibly similar. FanDuel and DraftKings have long been rivals in the DFS space, and that story continued into the legal sports betting realm.
Bonuses and promotions
In terms of additional promos and bonuses for existing users, both sportsbooks offer a large selection. The welcome bonuses for each of these top sportsbooks are constantly changing, but are almost always lucrative deals. We’ll have to call this a tie.
User experience
It’s impossible to pick a winner between DraftKings and FanDuel in this category. The truth is that they’re both amazing experiences from start to finish. One might be inclined to give the benefit to FanDuel because it doesn’t overload you with quite as much information. However, it’s a very small issue, and ultimately these two are neck-and-neck when it comes to user experiences for sports bettors.
Number of sports and odds
Both DraftKings and FanDuel offer a remarkable selection of markets and sports to bet on. You can bet on all the major league sports at both sportsbooks, plus various niche events like darts, cricket and more.
Mobile apps
FanDuel’s mobile app, in our opinion, is better than DraftKings’ app, and that’s saying something. DraftKings is one of the best apps in the country, but FanDuel has speed and vibrancy that is slightly superior.
The verdict
FanDuel takes the win for its user experience, and the other three categories end in a tie, so these sportsbooks are both worth your time. If you’re a mobile user, like most bettors, we’d give a slight edge to FanDuel.
Final thoughts on DraftKings
After providing everything you need to know about the DraftKings Sportsbook, here are a couple of general questions to best understand where DraftKings stands out and how we grade the sportsbook among its competitors.
DraftKings’ biggest strength: Ongoing promotions
If you’re in it for the boosts, DraftKings is your ideal sports betting site. You should enjoy signing into DraftKings and pursuing the offers available, sometimes you’ll find dozens. You can almost always find a promo, parlay insurance or profit boost to fit your preferences.
Pair this with the excellent DraftKings welcome bonus of bet $5, get $200 in bonus bets instantly, and you’ve got a very strong online sportsbook.
Is DraftKings the best sportsbook in the U.S.?
Many would say “yes.” It is absolutely in the upper echelon of sportsbooks, going toe-to-toe with the likes of FanDuel, Caesars and BetMGM.
DraftKings hits all the right points: great welcome bonus, ongoing promotions, betting pools, competitive odds and a user-friendly app. Choosing the best sportsbook would be a photo finish, but DraftKings is certainly one of the racers crossing that line.
DraftKings: “Kings” for a reason
It says it right there in the header. DraftKings has “kings” in its name, and it’s a well-earned distinction. By this point in our review, you have most of the information you’ll need to decide whether it’s the right platform for you. Our team of sportsbook experts’ final score for DraftKings Sportsbook is a near-perfect 4.6 out of 5.
DraftKings offers a host of amazing features, including live streams, live betting, competitive odds, excellent promos and a solid welcome bonus. It’s hard to find anything outright wrong with it, so DraftKings is easy to recommend to almost any sports bettor.
If you like sports betting but haven’t tried it much, DraftKings is for you. If you bet daily, DraftKings is for you. There’s something for everyone at DraftKings, placing it near the top of our sportsbook rankings.
21+ only (18+ DC/KY/NH/WY). New customer only. Must be physically present in AZ/CO/DC/CT/IL/IN/IA/KS/KY/LA(select parishes)/MA/MD/ME/MI/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY only. Void in ONT/OR/NH and where prohibited. Eligibility restrictions apply. 1 per new customer only. Min. $5 deposit. Min. $5 bet. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Ends 11/17/24 at 11:59 PM ET. Terms: dkng.co/bball. On behalf of Boot Hill Casino & Resort (KS). Please Gamble Responsibly. Call 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).
DraftKings Sportsbook FAQ
Beauty is in the eye of the beholder. Some may prefer DraftKings to FanDuel, while others may feel the exact opposite. DraftKings has a better welcome bonus than FanDuel, though, so new users may want to lean toward it over its biggest competitor.
Yes. DraftKings allows online betting in numerous states. You can bet online using DraftKings’ mobile app or desktop site as long as you’re in a legal market.
DraftKings is live in more states than any other online sportsbook. It’s available in nearly 30 markets in the U.S.
Yes. DraftKings Casino was already an excellent site, and it was made even better by DraftKings’ acquisition of Golden Nugget Online Gaming.
Yes. You can deposit using a credit card at DraftKings. However, it is recommended an alternative method, such as PayPal or Venmo, as they have higher success rates.
DraftKings withdrawals are lightning-fast. You can often see money hit your account within a few hours, depending on the method you choose. Other methods may take a few days, though.
Yes. You can play at DraftKings on Apple or Android devices. The app is downloadable from the iOS App Store or Google Play.
Yes. You must confirm your location before you are allowed to place bets at DraftKings Sportsbook. This is to ensure you are within a legal sports betting market.
Sign up by clicking one of our exclusive links and providing the requested details. Typically, it only takes a couple of minutes to create a DraftKings account.
No. DraftKings has grown well beyond its original scope. Though it still offers DFS, it has expanded to include online sports betting, online casino gambling, and horse race betting.