draftkings sportsbook

DraftKings Sportsbook review

Last updated on: June 10, 2022
Bonuses
4
Casino bonus score

The welcome bonus at DraftKings Sportsbook isn’t that great. The same goes for their selection of promotions for registered players. They do almost everything else right, but for now, Draftkings bonus offering is far from the best on the market.

Welcome bonus
Up to $1,000 deposit match
Other promotions
Free bets
VIP
DraftKings Dynasty Rewards and VIP program
Additional details
Use bonus code: No bonus code required; Register to claim
Qualifying bet: No minimum bet amount
Wagering requirement: 25x bonus
Payment Methods
5
Payments score

Almost any bettor will find something suitable in Draftkings’ cahier. They offer an excellent range of both online and in-person payment methods which includes eWallets and all major credit/debit cards. If you want to get your money back as fast as possible, we suggest using Play+. With this payment option, your winnings will be in your hands within 2 to 4 days.

Deposits
Min: $5
Min: $5
Min: $5
Min: $5
Min: $5
Withdrawals
Min: $1
Min: $1
Min: $1
Min: $1
Sports & Features
5
Overall sports and features provided

Draftkings Sportsbook features a decent range of sports. They focus on US sports, but you’ll also find a good selection of international competitions, especially soccer.

Sports
Baseball Baseball Basketball Basketball Football Football Golf Golf Hockey Hockey Tennis Tennis Volleyball Volleyball
Features
Bet Builder Team Statistics Live Streaming Betting Trends
Security
5
Security score

Draftkings is a huge, publicly-traded company with a great reputation. They are regulated in 10+ US states by appropriate gambling regulators, so you can be sure that Draftkings Sportsbook is 100% legit.

Encryption
Support
5
Customer support score

You can reach Draftkings support agents 24 hours a day, 7 days a week, and get most of your problems solved in just a few minutes. The other option is to send them an email through the form on their site, but in that case, you’ll have to wait a bit longer for a reply.

Live Chat
24/7
Interface
5
Casino interface score

Draftkings Sportsbook offers an excellent range of sports and some of the best and most consistent odds on the market. On top of that, you can also bet using their well-designed bespoke apps for iOS and Android. If there weren’t for a lack of promos, we wouldn’t have almost anything to complain about!

draftkings app screenshot
draftkings app screenshot
draftkings app screenshot
draftkings app screenshot
Offer
1.000 $ BONUS
Up to $1,000 deposit match
7
Having established a strong reputation through Daily Fantasy, DraftKings have utilized this to create an excellent sportsbook. Their NFL offering and their odds are both very strong points, although the lack of promotions may put some off.

DraftKings Sportsbook Welcome Bonus

DraftKings Sportsbook has one of the worst welcome offers of any betting site in the US, which is a 20% deposit match up to $1000.

This DraftKings sports betting bonus is available in all states where they operate and there is no DraftKings Sportsbook promo code required, but it will still only appeal to a few bettors.

DraftKings Sportsbook welcome bonus
draftkings welcome bonus
Max bonus$1,000
Bonus percentage20%
Wagering requirements25x bonus
Time to complete wagering requirements90 days
Expiry date7 days
Minimum oddsNone
Bonus codeNone
Sports restrictionsNone

Whilst this and the lack of DraftKings Sportsbook promo code will be attractive to some, it isn’t enough to convince casual bettors to sign up when they can get risk-free wagers at the majority of other sportsbooks.

DraftKings Sportsbook Bonus T&Cs

Wagering requirements

DraftKings sportsbook imposes 25x wagering requirements which means that you’ll have to wager $25,000 to release the full $1,000 welcome bonus. Sports betting, fantasy sports, and casino games are all eligible for wagering.

No minimum odds

There is no minimum odds requirement imposed on the DraftKings Sportsbook betting bonus, so you are free to bet on anything with it.

Only first deposit matched

Only your first deposit will be matched up to $1,000. If you have signed up or deposited before, you will not be eligible for the DraftKings Sportsbook betting bonus.

How to Claim DraftKings Sportsbook Sign-up Bonus

Claiming the DraftKings Sportsbook bonus is easier than at most other betting sites because you do not need to place a bet. As well, you do not need to enter a specific DraftKings Sportsbook promo code to claim the bonus.

1
create account draftkings sportsbook
Register

Sign up for an account with DraftKings Sportsbook.

2
make deposit
Deposit

Fund your account to activate the bonus.

3
place bet
Bet

Your deposit will be matched up to $1,000 to bet with.

You will need to supply DraftKings Sportsbook with the last four digits of your Social Security Number when you sign up. This allows them to verify your identity and enable you to claim the DraftKings Sportsbook bonus.

DraftKings Sportsbook Sports Betting

DraftKings Sportsbook have a decent sports betting page, displaying the list of sports on the left as well as a handful of popular events.

The main problem is that the ‘popular events’ section is seemingly random. Whilst writing this DraftKings Sportsbook review, the list was populated with European soccer leagues instead of sports like NFL and MLB.

It is still easy to navigate directly to a league as each sport opens a secondary menu with each league or event, but this is an extra step that could be avoided.

Sports Available to Bet On

The range of sports available to bet on at DraftKings Sportsbook is decent but they provide a fairly rudimentary list compared to other major betting sites like BetMGM.

DraftKings have the sports you would expect to find like NFL, MLB, NBA, NHL, college sports and soccer. Soccer bettors are likely to be particularly happy, given the wide variety of leagues we found available to wager on during this DraftKings Sportsbook review.

The sportsbook offers only 18 sports in total, which is significantly fewer than the 28 at BetMGM, although it is the same as FanDuel Sportsbook.

Other Sports

DraftKings Sportsbook provide bettors with a reasonable range of more niche sports, which should be enough to sate most customers.

  • Australian Rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Darts
  • Football
  • Golf
  • Handball
  • Hockey
  • MMA
  • Motorsports
  • Rugby League
  • Rugby Union
  • Soccer
  • Softball
  • Table Tennis
  • Tennis

Odds Comparison

DraftKings Sportsbook is one of the best US betting sites for odds, routinely offering best prices on major sports. At the very least, they are usually competitive when other sportsbooks have better odds.

However, they usually get beaten on closing lines – the odds that are available just before an event starts – and so it is usually worth betting early with them.

 DraftKings SportsbookBetMGMFanDuel SportsbookPointsBet
Home – Dallas Cowboys-190-190-184-190
Away – Philadelphia Eagles+160+160+154+160
Home handicap-3.5
-105
-4.0
-110
-3.5
-106
-3.5
+100
Away handicap+3.5
-115
+4.0
-110
+3.5
-114
+3.5
+100

DraftKings Sportsbook Blog and Betting Picks

DraftKings have a blog called DKNation and it is one of the better ones out there, offering coverage of a variety of sports as well as news and highlights.

There is also a weekly podcast available on the blog for people who prefer to consume media in that format, although it is only NFL.

relevancy

Relevancy

DKNation is very relevant, providing fantasy help and betting tips as well as general sports news that could help bettors.

reliability

Reliability

DKNation are reliable in the sense of their information being up-to-date and tips being logical.

update frequency

Update frequency

DKNation is updated dozens of times per day. They are mostly short posts but they do the job of keeping readers updated with news that could impact betting.

US sports coverage

All of DKNation’s posts are about US sports. NFL dominates the blog but there is plenty of other sports like MLB, UFC and golf.

other sports coverage

Other sports coverage

DKNation does not do posts about non-US sports.

media format

Media format

Most of DKNation’s posts are text posts but they do have one podcast, which is focused on NFL and can be easily accessed via the menu at the top.

DKNation is excellent for all bettors both new and experienced, with frequent updates and extremely helpful tips that can be applied to wagering.

They could be more helpful in tagging what is directly related to betting but otherwise, DraftKings Sportsbook runs an exceptional blog.

Bet Slip

DraftKings Sportsbook boast a strong bet slip that is extremely user-friendly which makes it easy to see exactly what you are betting on.

Adding multiple selections unlocks the parlay and teasers options, with DraftKings Sportsbook providing handy information about exactly what those bets are.

DraftKings sportsbook bet slip screenshot
This is what a bet slip looks like at the DraftKings Sportsbook. You can easily choose between parlay and teaser bets wi View more

This is what a bet slip looks like at the DraftKings Sportsbook. You can easily choose between parlay and teaser bets with a single click.

DraftKings sportsbook bet slip screenshot

Pick a bet you want and press the green button at the bottom to confirm your wager.

Betting Markets

Research for this DraftKings Sportsbook review found they have plenty of markets to bet on for all sports fans – particularly excelling in player props. NFL bettors will particularly enjoy the range of props for skill position players as well as defense and special teams.

  • Spread
  • Total
  • Moneyline
  • Game Props
  • Team Props
  • Player Props
  • Quarter Betting
  • Half Betting
  • Specials

NFL

DraftKings Sportsbook are one of the best NFL betting providers in the US, offering a fantastic range of markets that appeals to all football bettors.

Prop bets are particularly enticing, with DraftKings giving odds on bets for quarterbacks, running backs, receivers, kickers, and defenders.

NFL
Margins

4.8%

NFL betting markets

124

Odds

Competitive

Min/max bet

$0.10/variable

Promotions

NFL risk-free same game parlay

Having leading odds on NFL is always a good thing and combined with the variety of player props makes DraftKings Sportsbook an elite NFL betting provider.

Football Promotions at DraftKings Sportsbook

DraftKings Sportsbook have just one NFL promotion and whilst this is fewer than other major betting sites such as BetMGM and PointsBet, it still holds plenty of appeal.

NFL risk-free same game parlay

Place a Same Game Parlay on any NFL game and if your bet loses, DraftKings will credit your bet back up to $25 as a free bet. This promotion can only be leveraged once per week.

It’s a shame that DraftKings Sportsbook only offer a single football promotion but it is enticing, especially for bettors who are going to place a Single Game Parlay anyway.

NBA

The NBA season was still weeks away when this DraftKings Sportsbook review was carried out and so their offering was still minimal.

There is still a select amount of markets on top of the regular spread, moneyline and total, but there are no player props as of yet.

NBA
Margins

4.8%

NBA betting markets

55

Odds

Competitive

Min/max bet

$0.10/variable

Promotions

None

There is no doubt that DraftKings will add more NBA markets as the season draws closer.

Basketball Promotions at DraftKings Sportsbook

DraftKings Sportsbook do not have any basketball promotions running. It would be advantageous for them to offer some when the season starts.

NHL

DraftKings Sportsbook have only a limited range of NHL markets as the season was not underway. It is expected that they will update this soon.

NHL
Margins

4.8%

NHL betting markets

47

Odds

Competitive

Min/max bet

$0.10/variable

Promotions

None

Ice Hockey Promotions at DraftKings Sportsbook

There are no hockey promotions available at DraftKings Sportsbook yet, but they may add some as the season draws closer.

MLB

DraftKings Sportsbook is one of the best betting sites for MLB betting in terms of odds, offering industry-leading prices on many baseball games.

For instance, we looked at a full slate of fixtures and found that DraftKings had the best moneyline price in nine of the 16 games.

However, their lack of markets very much lets them down, offering fewer than other leading sportsbooks like BetMGM and FanDuel.

MLB
Margins

3.5%

MLB betting markets

49

Odds

Strong

Min/max bet

$0.10/variable

Promotions

None

Despite their strong odds, which is certainly a good enough reason to bet with DraftKings Sportsbook, the poor range of markets could do with being corrected.

Baseball Promotions at DraftKings Sportsbook

DraftKings Sportsbook do not offer any baseball promotions, which puts them behind the likes of PointsBet and BetMGM.

Even just one baseball promotion would be good for DraftKings Sportsbook to have as it would make their betting site more appealing.

NCAA

Every college football and basketball game is available to bet on at DraftKings Sportsbook, although some regulations do prohibit the markets they can offer in certain states. This is true of every legal US betting site.

That aside, DraftKings have very competitive college football odds and margins that rival other sportsbooks.

NCAA
Margins

4.8%

NCAAF betting markets

26

Odds

Competitive

Min/max bet

$0.10/variable

Promotions

None

NCAA Betting Promotions at DraftKings Sportsbook

DraftKings Sportsbook have one NCAA football promotion, which gives bettors the chance to boost their parlay winnings each weekend.

College football parlay boost

Earn a 33% profit boost on any 5+ leg college football parlay.

This promotion is particularly enticing to people who bet on college football anyway and is an extra reason to sign up with DraftKings Sportsbook.

DraftKings Sportsbook Betting Features

DraftKings Sportsbook are solid if unspectacular when it comes to betting features, giving bettors at least some control over their wagering experience.

  • Early cashout

    Early cashout lets bettors settle their wager early in exchange for a pre-determined amount. DraftKings do not show which bets are available for early cashout, so you will only find out if your wager is eligible after you have placed it.

  • Live streaming

    DraftKings Sportsbook have signed an agreement to offer live streaming of MLB. However, it is not known when this will start or how many games per day will be available to watch.

  • Bet builder/Same game parlay

    Same Game Parlay is available on NFL, MLB, NHL, NBA and select soccer leagues, allowing bettors to put multiple selections from the same game into one bet. DraftKings Sportsbook offer a convenient toggle at the top of each event where Same Game Parlay is offered.

  • Easy parlay

    DraftKings Sportsbook does not have an option for easy parlays.

  • Edit bet

    DraftKings Sportsbook does not let you edit your bet after it has been placed.

Early cashout and Same Game Parlay are both available at most legal betting sites in the US but live streaming is definitely a bonus for DraftKings Sportsbook.

DraftKings Sportsbook Live Sports Betting

DraftKings Sportsbook offer live betting on a wide range of sports, with a strong number of markets available on even more niche events.

It is easy to navigate to live betting as the homepage shows some events that are in-play, whilst there is a tab at the top of the page that takes you to all live games.

Live betting at DraftKings Sportsbook
Range of markets

Advanced

Live stats

Basic

Ease of use

Easy

Live streaming options

Basic

DraftKings Sportsbook could improve their live betting offering by having more stats available on games, which would make it easier for bettors to make an informed decision without leaving the site.

Payment Methods at DraftKings Sportsbook

The amount of deposit methods at DraftKings Sportsbook suits almost all bettors. Both online and in-person payments are offered, with all but two available for withdrawal as well.

 “online visa logo mastercard logo paypal logo “vip “play+cash at cage logobank transfer logo
Min/max deposit$5/-$5/-$5/-$5/-$5/-$5/-$5/-N/A
Min/max withdrawalNone/$100,000N/AN/A$1/$60,000None/$100,000None/$25,000None/$100,000None/$50,000
FeesNoneNoneNoneNoneNoneNoneNoneNone
Payout time3-5 daysN/AN/A3-5 days3-5 days2-4 days1 hour24-48 hours
Withdrawal methodYesNoNoYesYesYesYesYes

DraftKings Sportsbook make it as easy as possible to deposit and withdraw from their site thanks to the number of options available for bettors.

DraftKings Sportsbook Mobile App

DraftKings Sportsbook have apps for both Apple and Android users. The iOS app can be downloaded onto iPhone and iPod Touch from the App Store, whilst the Android version is available from Google Play.

The DraftKings Sportsbook app itself is unfortunately riddled with problems, with the main one being that it struggles to maintain geo-location, often displaying an error even when still in the state.

As well, the DraftKings Sportsbook app also has a habit of freezing far too regularly which can make it extremely frustrating when placing time-sensitive wagers.

Geo-location with DraftKings Sportsbook

You must be in one of the states where DraftKings Sportsbook has a license as they cannot accept bets from other locations. Even if you signed up or live in a legal state, you still cannot bet if you are in an unlicensed state.

DraftKings Sportsbook use Geocomply location software to determine your location and whether you are able to bet with them. This plugin detects which state you are in.

Your phone’s geo-location has to be turned on to bet from the DraftKings Sportsbook app. If you are connecting via WiFi then your location will be detected automatically.

Is DraftKings Sportsbook Legit?

DraftKings Sportsbook is a legit betting site with licenses in 14 states. They are regulated by the appropriate commission in each state and have been an active sportsbook since 2018.

DraftKings Sportsbook company info
draftkings info
US licensesAZ, CO, IA, IL, IN, MI, NH, NJ, PA, TN, VA, WV, WY
Other productsCasino, daily fantasy
Non-US licensesNone
Responsible gambling measuresDeposit Limits, Wagering Limits, Time Limits, Self-Exclusion
Year founded2012
OwnerDraftKings Inc.
CEOJason Robins
Publicly tradedNASDAQ

History of DraftKings Sportsbook

DraftKings is one of the leading names in daily fantasy sports and have existed as a sportsbook since online wagering first began to be legalized across the US.

draftkings founded
2012

DraftKings founded

DraftKings launch in Boston as a daily fantasy provider, with their first contest being in baseball.

1m users
2014

DraftKings reaches 1m active users

DraftKings hit one million registered users after only two years of operating.

partners nhl
2014

Partners with NHL

DraftKings sign a deal to become the official daily fantasy sports service of the National Hockey League.

partners mlb
2015

Partners with MLB

Similar to the NHL deal, DraftKings then become partnered with Major League Baseball.

UK launch
2016

UK launch

DraftKings take their Daily Fantasy Sports offering to the UK, having been granted a license by the Gambling Commission.

NJ launches
2018

New Jersey sportsbook launches

Following the legalization of online sports wagering, DraftKings launch their first sportsbook in New Jersey in August 2018.

Why You Should Join DraftKings Sportsbook

We recommend using DraftKings Sportsbook as they offer some of the best and most consistent odds in the betting industry.

As well, the fact it is offered in 14 states means you have a good chance of being able to use it on the road, especially compared to sportsbooks that are only licensed in one or two.

Pros
  • Fantastic odds
  • Strong NFL and MLB betting
  • Great blog
Cons
  • Terrible app
  • Lack of promos

DraftKings Sportsbook could do with serious improvement in their promotions to keep pace with their competitors, whilst the app needs a serious overhaul.

Alternatives to DraftKings Sportsbook

FAQs

DraftKings Sportsbook is legal in Arizona, Colorado, Iowa, Illinois, Indiana, Michigan, New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. Keep in mind that new states are introduced all the time.

Navigate to ‘My Account’ on DraftKings Sportsbook and click on ‘Withdraw’ on the left-hand side. Then type in the amount you want to withdraw, press continue, and select which payment method you want to use.

Add up to six spread selections to your DraftKings Sportsbook bet slip and press teaser at the bottom to select the points adjustment. This adjusts the odds and from there you can decide how much to wager.

Sign up for a DraftKings Sportsbook account and deposit via your chosen payment method. Click on the selection you want to make, type in your stake and press ‘Place Bet’.

You must be 21 or older to sign up for and place a bet on DraftKings Sportsbook. This will be verified during registration as part of the ‘Know Your Customer’ (KYC) process.

Download the DraftKings Sportsbook app from either the Apple App Store or Google Play. Location services on your phone needs to be turned on so that your geo-location can be verified to determine whether you are in a licensed state.

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1.000 $ BONUS

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