DraftKings Sportsbook 4.8

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DraftKings Sportsbook Review 2023

DraftKings Sportsbook has become the go-to choice for millions of sports bettors across the United States. The company is renowned for its proactive approach, as it consistently emerges as a pioneer. DraftKings' strategic partnerships with major sports teams and leagues have also laid a robust foundation for expansive growth.  

In this DraftKings Sportsbook review, we will uncover the pros and cons of this online betting giant, highlighting its strengths, unique features, and what sets it apart in the competitive landscape of online sports betting. 

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Is DraftKings Legit?

Yes, DraftKings is a legitimate and well-established company in the online gaming industry. It operates in compliance with relevant gaming regulations and holds licenses in the 20+ US states where it operates. The company has gained credibility and trust among users due to its adherence to legal and regulatory standards, ensuring fair gameplay and secure user transactions. Additionally, DraftKings employs measures to promote responsible gaming, offering tools and resources for users to manage their gaming activities responsibly.

Editors Ratings & Pros & Cons

This DraftKings Sportsbook review aims to evaluate and rate DraftKings Sportsbook, exploring its user-friendly interface, diverse betting markets, promotions, and the overall experience it offers. To begin with, these are the most outstanding benefits worth highlighting:

  • Extensive Betting Options: DraftKings Sportsbook boasts a breadth of diverse betting markets that surpasses many of its competitors. They also stand out when it comes to betting features such as same-game parlays and cash-out.
  • Generous Bonuses and Promotions: Their sports betting sign-up bonus is fantastic, but that is not where their offerings stop. They also continue to offer other promotions such as bonus bets, parlay insurance, and daily odds boosts. 
  • Great App Experience: In particular, the DraftKings app experience is highly pleasant. It's easy to use and provides well-presented statistics and relevant information.
  • Safe and Reliable: Operating in 20+ states, DraftKings is a household name across US. It is a legit and well-established company that ensures a safe betting environment.
CategoriesSqore.com's Rating
⚖️ Licensing and Security5/5
📈 Betting Markets and Options5/5
🪙 Odds and Pricing5/5
👤 User Interface4/5
💰 Bonuses and Promotions: 5/5
📱 Mobile Experience 5/5
🏦 Payment Options5/5
💬 Customer Support5/5
🧑🏽‍💻 Live Betting and Streaming4/5
💯 Overall Rating4.8 / 5
Pros
  • 🏆 Best Same Game Parlay Feature
  • 🏆 Superb App Experience
  • 🏆 Most Recognized Sportsbook
  • 🏆 Extensive Betting Options
Cons
  • Limited Casino Section

DraftKings Bonuses and Promotions

DraftKings Sportsbook entices sports bettors with a plethora of enticing promotions and bonuses. The initial welcome bonus through the Bet $5 Get $150 Promo sets a positive tone for new customers stepping into DraftKings. 

Additionally, their "Bet and Get" offers, occasionally will appear in the form of the Bet $5, Win $200 Promo, to add another layer of excitement. Note that no DraftKings promo codes are needed if you use any of the promo links provided in this DraftKings review.

Furthermore, there is also a deposit bonus option available at DraftKings, This bonus will give new customers a 20% up to $1,000 first deposit bonus. However, we recommend you go with the bet-and-get bonus as it offers better value. 

Other Sports Betting Promotions at DraftKings

Besides their deposit bonus signup offering, DraftKings regularly offers promos for online sports betting on individual sporting events, including NBA and MLB. The great things about their promo offers are that most of them provide odds boosts and do not need any DraftKings promo code to benefit from. In addition, many of those promos offer instantly granted bonus bet tokens to use on your subsequent sports wagering.

Deposit Bonus

As an alternative to the Bet and Get bonus offer, there is also the less attractive first deposit bonus match of 20% up to $1000. This bonus is only valid on your first deposit. 

Refer A Friend

Once registered with DraftKings, you can start recruiting your friends and collecting bonus money. The DraftKings refer-a-friend program is one of the most generous on the market: for each referred friend that joins DK, you will receive a $100 reward ($50 Bonus Bet plus $50 in Casino Credits). 

Daily Free to Play Pools

Are you running low on cash in your DK account? If so, these free-to-play pools are great for you. Enter into daily free-to-play pools and win cash prizes. 

How to Claim DraftKings Promo Offer

How to sign up with DraftKings and claim your bonus:

Signing up for the DraftKings sports betting platform and then claiming your bonus from promo codes or links is a straightforward process that should be expected for new sports bettors. However, this step-by-step process is easy to follow, even for new sports bettors.

1 Create an account

First, follow any link on this page to create your account. This will make you eligible for the bonus offer. Then create your username and password.

Draftkings
2 Opt in to the bonus

If you use any of our links from any of the promos listed on this page, you don't need to use any promo code to opt-in for the welcome bonus.

3 Fill in your personal information

Fill in your information your full name, home address, date of birth, and Social Security Number (SSN).

4 Make a deposit

After registering, make your first deposit, and DraftKings will match your deposit right away. Note that there are terms and conditions that apply.

5 Meet the play-through requirements

To get your bonus and any winnings that come with it, you have to meet the play-through requirements.

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DraftKings' Dynasty Rewards program

Draftkings

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:

TierAccumulated Crowns
Bronze0 up to 24,999
Silver25,000 to 124,999
Gold125,000 to 499,999
Diamond500,000 to 999,999
Onyx1,000,000 or more

Betting at DraftKings Sportsbook

DraftKings Sportsbook Logo

Let's dig into the betting experience of using DraftKings Sportsbook. First of all, what stands out is that this online sportsbook boasts the widest range of offerings, frequently leading in posting alternate lines, and presenting an extensive array of betting options. Whether you're mostly 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.

DraftKings stands out from competitors due to its extensive range of sports betting markets and options.

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:

Bet TypeDescription
MoneylineA wager on which team will win a game, without any point spread or conditions.
Point SpreadsA handicap set by oddsmakers to level the playing field between two teams.
TotalsA bet on whether the game's outcome will be "over" or "under" a specified total, like 41 points in football.
PropsWagers on specific events or outcomes within a game, not just the final result.
One-game parlayCombines multiple wagers from a single game into one bet.
Live BettingBetting during a live game, with odds that change based on in-game events.
ParlaysA bet on multiple teams, where all selected teams must win for the bet to pay out.
Alternate LinesAdjusting the spread or total, making the bet easier or harder to win in exchange for different odds.
FuturesBetting on long-term events or outcomes, like a team winning a championship.
TeasersCombines bets on two games, allowing point spread adjustments but with reduced payouts.
HalvesA bet on a team to win both the first and second halves of a game.

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

Available Types of Sports at DraftKings
NFLNBAUFC/MMANCAA FootballNCAA Basketball
MLBNHLSoccerGolfTennis
NASCARIndycarFormula 1DartsCricket
RugbyFootieCycling  

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) enables the consolidation of 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 compatibility of the event 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. This format, with its potential for significant payouts on minor wagers, is a key draw for bettors.

DraftKings DFS and Casino

Daily Fantasy Sports

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.

DraftKings Daily Fantasy covers:
National Football League (NFL)National Basketball Association (NBA)Baseball (MLB)
Canadian Football League (CFL)National Hockey League (NHL)NASCAR
Mixed Martial Arts (MMA)League of Legends (Esports)Golf
Soccer (EPL, MLS, Champions League)

DraftKings Casino

DraftKings Casino became well-known quickly and is now one of the best online casinos in NJ, PA, MI, WV, and CT

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 games and betting options available. 

This online casino started on a smaller scale, but the number of games has grown significantly ever since. Nowadays, users are offered a wide range of 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. However, it's fair to say that the DraftKings casino section is pretty far from the comprehensive sportsbook in its offerings.

DraftKings App Experience

Screen shots from draftkings sportsbook website

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.

📱

How to Install the DraftKings App on iOS devices

Accessing the DraftKings app is a straightforward process. Follow these steps to get started:

  1. Use a promo link: If you are new to DraftKings, navigate directly to their website by utilizing any promo link available on this page. Create your account and claim the welcome bonus to get started.
  2. Visit the App Store: Head to the App Store on your iOS device. In the search bar, enter "DraftKings" and look for the official DraftKings app among the search results.
  3. Download and Install: Once you've located the app, download and install it on your device. Once the installation is complete, you'll find the DraftKings app icon on your home screen.
  4. Log in and Bet: Open the DraftKings app, log in to your account, and proceed to deposit funds. From there, you can explore the diverse betting options and take advantage of the various promotions available through DraftKings.
iOS Version10.0 or higher
PermissionThe app will need access to the device location
Age requirementsUsers must be at least 21 years old. Play responsibly
Download size170 MB

📱

How to Install the DraftKings App on Android Devices

To access the DraftKings app on your Android device and unlock their enticing welcome bonus, follow these simple steps:

  1. Access DraftKings: Visit DraftKings through any link provided on this page. Select "Join Now" to initiate the account creation process.
  2. Find the Android App: Locate the DraftKings App section on their website or head to your preferred app store to download the official DraftKings App.
  3. Download and Install: Get the official DraftKings App and install it on your device. Before downloading, ensure that your Android device allows installations from "Unknown Sources" in settings.
  4. Deposit and Claim Bonus: Make your initial deposit to seize the full benefits of the welcome bonus offer. You're now all set to dive into the world of betting with DraftKings.
Android Version4.4 or higher
PermissionThe app will need access to detect the device's location
Age requirementUsers must be at least 21 years old. Play responsibly
Download size190.91 MB
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In What States is DraftKings Sportsbook Legal?

DraftKings does currently have online and/or retail betting operations in 20+ states across the US. This broad expansion makes DraftKings Sportsbook an indisputable leading force on the American betting scene. 

During 2023 DraftKings became legal in the states of Massachusetts and Ohio. 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:

DraftKings Legal StatesRetail PartnersLaunch Date
ArizonaTPC ScottsdaleSeptember 9, 2021
ColoradoMardi Gras Casino in Black HawkMay 1, 2020
ConnecticutFoxwood Resort CasinoOctober 12, 2021
IllinoisCasino Queen SportsbookJune 28, 2019
IndianaAmeristar CasinoSeptember 1, 2019
IowaWild RoseFebruary 19, 2020
KansasN/ASeptember 1, 2022
KentuckyThe Mint Gaming Hall at CumberlandSeptember 28, 2022
LouisianaGolden Nugget Hotel & Casino Lake CharlesJanuary 28, 2022
MarylandState FairgroundsNovember 23, 2022
MassachusettsN/AMarch 10, 2023
MichiganBay Mills Resort & CasinoJanuary 22, 2021
New HampshireThe Brook Casino, Filotimo CasinoDecember 30, 2019
New JerseyResorts CasinoAugust, 2018
New YorkDel Lago ResortJanuary 8, 2022
OhioTBDJanuary 1, 2023
PennsylvaniaHollywood CasinoNovember, 2019
TennesseeN/ANovember 1, 2020
VirginiaN/AJanuary 24, 2021
WyomingN/ASeptember 1, 2021
West VirginiaN/AJuly 15, 2020
OregonOregon LotteryJanuary 12, 2022

Banking Options at DraftKings

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:

DraftKings Deposit Options  
Bank AccountPaypaleCheck
DraftKings Gift CardDebit CardOnline Banking
Visa/MastercardApple PayVenmo
Credit CardCasino CageWire

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:

Withdrawal methodWithdrawal LimitsProcessing Times
Debit/Credit Cards

Maximum withdrawal per transaction is $25,000

Minimum withdrawal is $1.

1 business day
PayPal

Maximum withdrawal per transaction is $60,000

Minimum withdrawal is $1.

Up to 2 business days
Bank Transfers

Maximum withdrawal per transaction is $100,000

Minimum withdrawal is $1.

Up to 5 business days

How to Make a Deposit at DraftKings

Here's a guide to depositing funds on DraftKings:

  1. Login or Sign Up: If you're new, use any link on this page to sign up and claim the welcome bonus.
  2. Choose Deposit Method: Head to the deposit section and pick your preferred deposit method from the available options.
  3. Confirm Transaction: Enter the deposit amount and payment details. Review the information and confirm the transaction.
  4. Await Confirmation: Once confirmed, allow time for the deposit to process. Processing times may vary based on the selected deposit method.
  5. Start Betting: With your funds successfully deposited into your DraftKings account, explore the wide range of betting options now at your fingertips.

How to Withdraw Funds at DraftKings

Withdrawing funds from your DraftKings account is a simple process. Here's a step-by-step guide:

  1. Login to Your Account: Access the DraftKings website or open the mobile app. Log in using your username and password.
  2. Go to Withdrawal Section: Find the withdrawal section in the main menu or account settings.
  3. Choose Withdrawal Method: Select your preferred withdrawal method from the options available. Specify the amount you want to withdraw from your DraftKings account and confirm.
  4. Wait for Processing: After confirming the withdrawal, allow some time for processing. Processing times may vary based on your chosen withdrawal method.
  5. Verify Successful Withdrawal: Once processed, verify that the funds have been successfully transferred to your designated bank account or e-wallet. This ensures a smooth and successful withdrawal from your DraftKings account.

Is DraftKings Safe?

Yes, DraftKings is a safe platform for online gaming and sports betting. The company operates within the regulatory frameworks of various jurisdictions where it's licensed, ensuring compliance with legal standards and player protection measures. They employ encryption technologies to safeguard user data and transactions, prioritizing the security and privacy of their users.

Customer Support

DraftKings places importance on 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 stands at an impressive two minutes.

Alternatively, users can choose to email their queries to the support email address. While not the quickest method, as 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 available live chat.

  • Live chat available 24/7
  • Email: sportsbook@draftkings.com
  • Support languages: English
  • (X) Twitter: @DKSportsbook
Support Hours: DraftKings support team is available 24 hours a day, 7 days a week.

Responsible Gaming

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

DraftKings Sportsbook FAQ

What is the best promo available for DraftKings?

Most of DraftKings Sportsbook promo codes or promo links are valid only for new users. By signing up for a new DraftKings account, they will match 20% first deposit up to $1000. The Bet $5 Win $150 is additionally a fantastic promotion. 

Is DraftKings Sportsbook legit?

Yes, DraftKings is a legal sports betting platform is legal in Arizona, Connecticut, Colorado, Indiana, Iowa, Illinois, Louisiana, New Jersey, Maryland. Michigan, New York, Ohio, Pennsylvania, Tennessee, Virginia, Wyoming, and West Virginia. Their platform is accessible through their mobile app and website. 

Do I need to reside in those legal states?

You are not required to reside in the legal states to have and use DraftKings mobile betting app. All that is required is physical presence for locations services. 

What are the minimum and maximum bets and deposits on DraftKings?

Bet minimums are under $1 on DraftKings. Depositing only requires a minimum of $5. DraftKings reserves the right to limit payout an on any one wager to $500,000.

On what devices can I access DraftKings?

Like any other online sports betting sites, you can access DraftKings online sports betting on your PC or mobile devices. DraftKings mobile app is available on iOS and Android.

How do I withdraw from DraftKings?

Bank account, Paypal, Venmo or receiving a physical check or withdrawal at a casino cage DraftKings partner are all withdrawal methods.

Can I withdraw outside the legal states?

While you are required to be in a legalized state to bet, you can withdraw funds from any location.

Does DraftKings offer live betting?

Yes, and they offer the most live betting offerings in the industry.

Can I make another DraftKings account?

No, DraftKings Terms of Use prohibited a second account.

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