DraftKings Sportsbook Review 2024: Honest Ratings & My Experience

With a strong presence in the online sports betting industry, DraftKings Sportsbook stands out as a reliable and accessible platform. Having reviewed over 50 sportsbooks so far, I can confidently say DraftKings excels with its extensive markets, user-friendly interface, and secure betting environment. Whether you’re betting on the NFL, NBA, or global leagues, DraftKings offers a diverse selection of sports and events with real-time odds and promotions tailored to your needs.

This in-depth DraftKings Sportsbook review will break down the platform's standout features, from its robust mobile app to its transparent bonus structures and betting limits. As someone who understands the intricacies of sports betting, I will guide you through everything you need to know to confidently navigate the platform, ensuring you have the best experience possible while betting responsibly.

This DraftKings Sportsbook review aims to evaluate and rate the platform, focusing on its user interface, range of betting markets, promotions, and overall experience. We'll begin by outlining the key benefits and potential drawbacks:

DraftKings Sportsbook bonuses change periodically, so for the most current offer, check the bonus info box below.

As a new customer at DraftKings, you can expect to receive the following bonuses:

Bet-and-Get Offers: From time to time, new customers can take advantage of promotions like "Bet $5, Win $200" or the even more generous "Bet $5, Win $250," which add extra excitement to their experience.

Deposit Bonus and First Bet Insurance: DraftKings also offers a 20% deposit bonus for first-time deposits up to $1,000. This bonus is perfect for those who want the flexibility to divide their bonus funds into as many or as few bets as they'd like. Occasionally, there’s also a "No-Sweat First Bet," which we find less appealing than other offers for new customers.

If available, we recommend going for the Bet-and-Get bonus, as it typically provides better value. No promo code is necessary when using any promo links in this review.

Other Ongoing Promotions: How To Get Extra Bonus Bets

Besides their new customer signup bonus, DraftKings regularly offers promos for existing customers on individual sporting events, including NBA and MLB. 

These retention bonuses keep users engaged, including reload bonuses that provide extra funds on deposits, enhanced odds on specific games or events, and complimentary bets based on betting activity or special promotions. 

They also offer parlay insurance, which refunds losing parlay bets if only one leg loses. 

Additionally, their loyalty program, Dynasty Rewards, benefits frequent bettors with tiered rewards and exclusive offers, and they frequently roll out special promotions tied to major sports events, holidays, or seasons.

All bettors registered at DraftKings are automatically enrolled in the DraftKings Dynasty Rewards program. 

Through this loyalty program users may earn Crowns, the program’s currency, with almost every transaction they make at DraftKings Sportsbook, Casino, Daily Fantasy, and Marketplace. 

Note that Crowns are earned for placing wagers but also for Daily Fantasy Sports entries. Customers can then redeem their Crowns for various items, including credits, merchandise, experiences, to gift cards.

The program categorizes members into several tiers, with tier levels up based on the accumulated Crowns, as seen in the chart below:

Let's dig into the betting experience of using DraftKings Sportsbook. 

First of all, what stands out is that this online sportsbook boasts the broadest range of offerings, frequently leading in posting alternate lines and presenting an extensive array of betting options. 

Whether you're primarily into prominent main market events or seek the most obscure player prop bets, DraftKings has something to offer - with depth and variety - to every bettor.

Odds Pricing

On standard against-the-spread (ATS) bets and over/under wagers, there will generally not be much variance from one online sportsbook operator to the other. DraftKings is no different in this case. 

The 10% juice or vig is the standard for DraftKings and its main competitor FanDuel.  The lone drawback to DraftKings pricing is in moneyline wagering. They are higher than the average and generally not the best online sportsbook for this type of wager.

Betting Markets

Where DraftKings truly sets itself apart is in its prop offerings. Whether team or player props, they have the most extensive offerings available in the online gambling world. Here's an overview of available betting types and their meanings:

DraftKings offers the most comprehensive array of available online sports and the widest array of bet types and unique bets. Available sports include:

Live Betting

DraftKings Sportsbook offers in-play betting, also known as live betting. This allows bettors to place wagers on sporting events as they are happening in real-time. 

The odds for in-play bets change dynamically based on the current state of the game or match. Live betting options are available for most sports and leagues. However, some smaller games might not be covered.

Live Streaming

Live streaming of sports events is available at DraftKings. The Sportsbook provides its customers with a seamless entertainment experience in one convenient location. 

This feature is possible thanks to DraftKing's collaboration with the global sports data and content provider Sportradar. 

Customers with an active DraftKings Sportsbook account and a wallet balance greater than $0.00 will be able to live stream games directly from the DraftKings mobile app or website.

Cash Out Function

DraftKings Cash Out is a feature that lets you eliminate your active bet before the result is known. This enables you to keep some of your winnings or cut your losses as the odds move in your favor or against you.

Cash Out is available for pre-game, live, future, and parlay bets on certain sports. Depending on how the game goes after you place your bet, Cash Out can be for more or less than the amount you initially bet. 

Then, when you add your bet to the bet slip, you can see if you can cash it out.

You can Cash Out early after making a bet by going to "My Bets" and clicking the yellow Cash Out button. You'll get paid when you confirm Cash Out, and DraftKings will put the money in your account immediately.

Same Game Parlay

The Same-Game Parlay (SGP) consolidates multiple bets within a single game into a unified parlay. For a successful SGP outcome, each individual bet within the combination must result in a win. 

At DraftKings, events conducive to SGP will feature a distinctive +SGP logo on the game card, signaling the event's compatibility with this engaging parlay type.

On top of the regular SGP, DraftKings offers SGPx, short for Same Game Parlay X, which allows bettors to merge multiple Same Game Parlays from various games into one comprehensive parlay ticket. 

Each ticket requires a minimum of four legs, with at least two from each selected game. With its potential for significant payouts on minor wagers, this format is a key draw for bettors.

Daily Fantasy Sports App

DraftKings is also prominent within the fast-growing daily fantasy sports field. To get started with DFS users won't need a separate account as it is well-integrated with the regular sportsbook. 

At DraftKings Daily Fantasy Sports users can enter daily and weekly contests to win money based on how well individual players do in the five biggest markets (NFL, NHL, MLB, PGA, and NBA). 

DraftKings also has a few other markets, like esports, auto racing, and even Canadian football, so it's easy to see why it has its unique place in the DFS market.

Online Casino

DraftKings Casino became well-known quickly and should now be considered as one of the best online casinos in NJ, PA, MI, WV, and CT. 

America's #1 Online Casino

It's easy to get started with DraftKings Casino as it is nicely integrated with the sportsbook account. After you've signed up for an account and made your first deposit, you can go to the casino section to explore the available games and betting options. 

This online casino started on a smaller scale, but the number of games has grown significantly. Nowadays, users are offered various casino games such as slots, blackjack, and other popular table games. 

Also, live dealer games are part of the portfolio if you want to feel like you're in a real casino. 

Exploring the DraftKings sports betting app is an exceptionally pleasant experience. It makes finding what you are looking for very easy and the information it provides is highly relevant. 

For instance, DraftKings mobile app is great when it comes to giving heads-ups for bonuses and boosters. 

Whether locating tailored bonus suggestions or navigating to the sport and game you are looking for, the DraftKings Sportsbook app performs on a high level. 

Overall, the DraftKings app is intuitive, user-friendly, and packed with sports statistics in a way that makes it stand out in comparison to other sportsbook apps. 

Here is a summary of our DraftKings app review:

• Availability: The DraftKings app can be downloaded on Android and iOS devices. It is available in the iOS App Store or the Google Play Store (or similar app service for Android app downloads).
• Speed: The app is optimized for the best user experience, regardless of how fast your Internet is or what device you use.
• Stability: The only cons to the DraftKings sports betting app are its occasional glitching. This holds for all mobile apps under the DraftKings umbrella, not just the online sportsbook.
• Bet slip: Adding bets to your bet slip is a seamless process in the DraftKings app. Simply clicking on a bet pulls up your bet slip. Clicking away from it allows you to add more bets to your slip. It is precisely the simplicity that we want when creating our bet slips.
• Live betting: Through the app, you can get to live betting markets. On the left side of the bottom menu bar, you'll find the home button. This makes sense on its own. Next, you can find your live betting button to the right. Here, you can bet on things currently happening in the game.
• Interface: The interface is straightforward to use, and the betting-related statistics feature is extensive and readily available. In particular, the latter part makes this mobile app excel in comparison to its competitors.

DraftKings Sportsbook App Ratings

DraftKings Sportsbook Reviews From Everyday Users

The Best Site Out There: “Hands down the best site out there…all your favorite favorite teams in every sport imaginable (and) extremely easy to place bets as well as withdraw money. If you want a great experience, DraftKings is the place to go. Trust me you won't be disappointed.” - Thomas (5/5 Star Rating on the Google Play Store)

Loving My Experience So Far: “I'm not completely sold on the mobile interface with things like automatic logouts while switching pages or having to toggle parlays before starting a ticket. But if any of these things or little convenience issues like them are settings I can toggle permanently, I'd change this rating to a 5 star. The depth and breadth of options feels very customizable. The instant specials, gift credits, and generous prop odds have me loving my experience so far.” - Christopher (4/5 Star Rating on the Google Play Store)

Overall, the App Is Great: “I have a account with DK and it's been a great experience being able to have access to this kind of opportunity to bet and win from your home…overall, the app is great!” - Jamar (5/5 Star Rating on the Google Play Store)

Best Sportsbook Out There: “Major improvements and the best sportsbook out there. They actually take care of existing customers. They listened to feedback and reward more than 1 time new customers. Great app, great popular bets, and instant bonus bets back.” - Billy (5/5 Star Rating on the Google Play Store)

DraftKings currently has online and/or retail betting operations in 25+ states across the US. This broad expansion makes DraftKings Sportsbook an indisputable leading force on the American betting scene. 

Judging by the operator's swift moves to be first-to-market in many states, we are sure the company will secure further states as soon as they permit online sports wagering. Here is a list of the current states where betting at DraftKings Sportsbook is legal:

The DraftKings Banking Options empowers users to securely and effortlessly manage their funds. Prioritizing user convenience and safety, DraftKings presents multiple banking options. These options ensure smooth and secure transactions, facilitating both deposits and withdrawals with ease.

DraftKings deposit methods include:

Withdrawing funds at DraftKings is also an easy experience. The available withdrawal methods are the same as the deposit methods, with only a few exceptions. And of course, you can rest assured that you will receive your money, as DraftKings is regulated by every state in which it legally operates.

Here's an outline of the withdrawal limits and processing times for frequently used banking methods on DraftKings:

DraftKings values prompt and effective customer support. Their sportsbook features a dedicated support team readily available to handle inquiries or address any concerns users may have. Users can reach out via live chat, where the average response time is an impressive two minutes.

Alternatively, users can email their queries to the support email address. While not the quickest method, responses are generally received within the same business day. As long as the query is not too complex, our recommendation is to use the 24/7 live chat.

• Live chat available 24/7
• Email: sportsbook@draftkings.com
• Support languages: English
• (X) Twitter: @DKSportsbook

During my review, I reached out to the DraftKings Sportsbook customer support team via live chat, and I'm happy to report that I received a response almost instantly!

The customer service representative was very friendly and knowledgeable, and they answered all of my questions in a timely manner.

Now that you've learned all about DraftKings, are you ready to find out how it stacks up against the competition? Here's a quick overview of how the platform compares to other popular online sportsbooks in the United States today:

DraftKings vs FanDuel

FanDuel is undoubtedly DraftKings' biggest competitor, and each sportsbook bring something different to the table!

Compared to DraftKings, FanDuel Sportsbook has an edge with its fantastic customer service and support. No matter the time of day, FanDuel's customer service team is always there to answer your questions or solve any problems that may arise.

On the other hand, DraftKings deserves credit for its top-tier customer loyalty program, which gives you an opportunity to claim extra bonus bets and other rewards for simply placing wagers on a consistent basis.

DraftKings vs BetMGM

Another popular option is BetMGM, one of the most reliable names in the U.S. gambling industry.

BetMGM Sportsbook has a slight advantage over DraftKings and most other competitors when it comes to its wide range of betting markets across just about every sport and league in existence.

Meanwhile, DraftKings Sportsbook stands out with one of the best mobile apps in the online betting industry, making it easier than ever to place bets on your favorite teams while on the go!

DraftKings vs Caesars

You've also probably heard of Caesars Sportsbook, which is owned by one of the most well-known casino-entertainment companies globally (Caesars Entertainment).

Compared to DraftKings, Caesars has an edge with its industry-leading rewards program, which offers perks and benefits that extend beyond just sports betting, such as free hotel stays and luxurious experiences at Caesars' resorts and casinos worldwide.

That said, DraftKings is one of the best when it comes to alternate lines for spreads, totals, and player props. So, if you enjoy strategic flexibility in your wagers and like to explore a wide range of betting options, DraftKings may be the better option for you.

DraftKings vs BetRivers

Another top-tier online sportsbook is BetRivers, and (if it's not already) it should be on your radar!

Although DraftKings is no slouch in this area, BetRivers Sportsbook takes a slight lead when it comes to customer service and support. BetRivers provides around-the-clock assistance to help with any problems or issues you may have on the app.

Meanwhile, DraftKings Sportsbook has an advantage in several other important areas, including ongoing promotions, payout times, and availability throughout the U.S.

DraftKings vs bet365

Last but not least, let's take a quick look at bet365, one of the fastest-growing sports betting apps in the United States today.

Although DraftKings has plenty to offer, bet365 Sportsbook stands out with its premier in-game betting experience and extensive global sports coverage.

However, DraftKings accepts a few more banking options (for deposits and withdrawals) than bet365, giving you more flexibility and convenience when managing your funds.

DraftKings has three different options for their customers to limit losses or to be sure they are not gambling beyond their means. We recommend mapping out what can be safely wagered and using any of the options available to be sure to keep your online wagering experience fun and safe. 

• Player Limit: This allows you to limit what you can deposit in a time frame you choose, whether by the day, week, month, or year.
• Self-exclusion: This is a voluntary self-ban from using the DraftKings sportsbook app for the time you specify.
• Cool off period: This option allows you to access the DraftKings sportsbook app still but prevents you from betting or depositing for a specific time