The start of the NFL season is bringing with it some big things for DraftKings.
DraftKings Sportsbook hits a milestone
We’re still waiting for the first numbers regarding handle and revenue in online New Jersey sports betting.
What we do know: They have taken a million bets.
That seems like an impressive number for a daily fantasy sports company that hadn’t take a wager anywhere in its history previously. All those bets also took place well before football season started in earnest.
Of course, the minimum wager is just ten cents, and we have no idea how much money has flowed through the company yet.
And for much of the time it was taking wagers, it was the only legal online sports betting app in New Jersey. Now there are five others, including the most recently launched, Caesars online sportsbook.
It’s also now competing against its old DFS rival, which operates FanDuel Sportsbook online.
And about DFS…
DraftKings remains well ahead of FanDuel in fantasy, at least for Week 1 of the NFL season.
There are four different daily fantasy football contests at DraftKings that guarantee at least a million dollars. That includes the $5 million guaranteed Millionaire Maker, with an entry fee of $20.
That’s opposed to FanDuel, which only has one ($4 million, $1 million to first place and a $9 entry fee).
And if that’s not enough for you, DraftKings is offering a contest where you can enter a contest for free where you pick the winners of the remaining 15 Week 1 NFL games, and you can win a share of a million dollars.
The contest is sponsored by Papa John’s, which has its problems of late, including losing its deal with the NFL.