UP TO $1,050 BONUS
DraftKings promo code for December 2022
DraftKings offers a new-user promo of up to $1,050. You do not need a promo code to access this offer. Join DraftKings here and get a $50 free bet with a deposit of at least $5, plus qualify for a 20% deposit bonus up to $1,000.
Valid through December 2022
NO DRAFTKINGS PROMO CODE REQUIRED
DRAFTKINGS TOTAL BONUS
up to $1,000
with any deposit
AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NH, NJ, NY, PA, TN, VA, WV & WY
DraftKings promo code terms and conditions
There are two parts to the DraftKings Sportsbook bonus, both of which require an initial deposit to activate. First, you can get a $50 free bet with a minimum deposit of $5. After making a deposit, you’ll get a $50 credit that you can use to bet with. The credit itself isn’t withdrawable, but any winnings are yours to keep.
The DraftKings promo will also match your first deposit by 20% up to a maximum of $1,000. So getting a bonus of $1,000 would require a deposit of $5,000. You could also start with a smaller amount such as $100, in which case the matching bonus would be $20. You can unlock the bonus funds for withdrawal in $1 increments for every $25 you play on the site.
While you don’t need a DraftKings Sportsbook promo code to access the sign-up offer, some terms and conditions apply. Here are the main points to know.
- To qualify for the bonus, you’ll need to make a deposit of at least $5.
- The $50 free bet credit will be available in your account after you deposit. You can’t redeem it for cash, and you’ll need to use it within 30 days of receiving it.
- Your first deposit will also be eligible for a 20% match up to $1,000.
- DraftKings releases the matching funds at a rate of $1 for every $25 that you wager on the site, meaning that for a bonus of $1,000, you would have to bet $25,000 on the site.
- You have 90 days after signing up to meet the playthrough requirement to clear the bonus.
DraftKings ranks among the top sportsbooks when it comes to daily promotions. Every wager will also earn you DraftKings Crowns, which you can use for free bets and merchandise. Here are some of the DraftKings promotions available for Nov. 28-Dec. 4, when you can bet on Team USA vs. Iran at the World Cup and college football conference championship games.
*DraftKings promo code: Get a $50 free bet with a $5 minimum deposit, plus qualify for a 20% match up to $1,000 deposit bonus.
You do not need a promo code to qualify. Click here to claim this DraftKings promo.
DraftKings was one of the first legal online sportsbooks to debut in the US. The industry as a whole has grown exponentially since that point, and the DraftKings sports betting app has been among those leading the way.
Available in more than a dozen states to date, including New York, Kansas, Maryland and Illinois, DraftKings Sportsbook will likely also expand into Ohio and Massachusetts in the near future. Slick tech and innovative features are among the calling cards, and a DraftKings promo of up to $1,050 is available for new players.
On this page, we’ll go through the DraftKings promo and how you can get it in full detail, all of the pros and cons of the industry giant, and much more.
Is DraftKings Sportsbook legal?
DraftKings Sportsbook is legal in 18 states to date. The company is set to enter additional markets in the near future, including launching a DraftKings app in Ohio on January 1st, 2023, and a Massachusetts app early in the new year. Below you’ll find all of the states in which the DraftKings sports betting app is currently available, and you can learn more by clicking on the individual state links.
|State||Partner||Launch Date||Special Considerations|
|Arizona||TPC Scottsdale||September 2021||No prop betting on college sports.|
|Colorado||Mardi Gras Casino||May 2020||No prop betting on college sports.|
|Connecticut||Foxwood Resort Casino||October 2021||No betting on high school sports.|
|Illinois||Casino Queen||August 2020||No wagering on in-state college teams or events.|
|Indiana||Ameristar Casino Hotel||October 2020||No prop betting on college athletes.|
|Iowa||Wild Rose Casinos||February 2020||No deposits or withdrawals via credit card. No prop betting on college athletes.|
|Kansas||Boot Hill Casino||September 2022||No betting on high school sports|
|Louisiana||Golden Nugget Casino||January 2022||Can’t place wagers in the following parishes: Caldwell, Franklin, West Carroll, Catahoula, Jackson, LaSalle, Sabine, Union and Winn|
|Maryland||Timonium Racetrack||November 2022||No wagers allowed on high school sports|
|Michigan||Bay Mills Resort & Casino||January 2021||No prop betting on college athletes.|
|New Hampshire||N/A||December 2019||No betting on in-state college teams.|
|New Jersey||Resorts Casino||August 2018||No prop betting on college sports and no wagering on in-state college teams or events.|
|New York||del Lago Casino and Resort||January 2022||No betting on in-state college teams or on high school sports.|
|Pennsylvania||Meadows Casino||November 2019||No betting on high school sports.|
|Tennessee||Online Only||November 2020||No deposits or withdrawals via credit card. No prop betting on college athletes.|
|Virginia||Online Only||January 2021||No prop betting on college sports and no wagering on in-state college teams.|
|West Virginia||Hollywood Casino at Charles Town Races||September 2018||No betting on high school sports.|
|Wyoming||N/A||September 2021||No betting on high school sports.|
DraftKings Sportsbook Maryland
Maryland voters decided in November 2020 that sports betting should be legalized in the Old Line State. By December 2021, retail sportsbooks were launched. Online sportsbooks took a bit longer, but officially launched on November 23, 2022.
DraftKings is well-positioned to be a major player in Maryland. Besides being a market leader in virtually all states where online sportsbooks are regulated, DraftKings has established a sportsbetting partnership with the Baltimore Ravens. DraftKings is also partnered with Timonium Racetrack, at the Maryland State Fairgrounds, and will be launching a retail sportsbook to that location soon.
When did DraftKings launch in Maryland?
DraftKings online sportsbook was available the first day regulated online sportsbooks were allowed in Maryland — November 23, 2022.
What is the DraftKings Maryland welcome bonus?
The welcome bonus is different for Maryland users than in other states. Simply Bet $5, and win or lose you will receive $200 in free bets to use on the site.
DraftKings Maryland promo code for December 2022
|DraftKings Maryland Promo Code||Click to claim promo|
|Welcome Bonus||Bet $5, Get $200|
|Launch Date||November 23, 2022|
|Late Updated||December 1, 2022|
DraftKings Sportsbook NY
The DraftKings sports betting app has launched in New York. Sports betting has been legal in the state since 2019, but only in person. NY online sports betting received the official green light from the state Legislature in April 2021 after an extended discussion period.
The state selected the winning bids from online sportsbooks in November 2021. DraftKings New York was one of the nine books to receive the go-ahead. The company already has a retail outlet in the state at the del Lago Resort & Casino in Waterloo.
DraftKings Sportsbook NY launched on Sat. Jan 8, 2022, just in time for NFL playoffs and Super Bowl LVI, which is scheduled for Feb. 13, 2022.
DraftKings New York promo code for December 2022
DraftKings New York has kicked off the launch with a promo. Join DraftKings here and receive $50 in free bets when you sign up in New York. Free bets must be used within seven days of opening your sportsbook account and is only available for new accounts.
|DraftKings NY Promo Code||Click to claim promo|
|Welcome Bonus||$50 free with minimum deposit|
|Deposit Bonus||20% match up to $1,000|
|Launch Date||Jan. 8, 2022|
|Retail Sportsbook||del Lago Resort & Casino, Waterloo|
|Late Updated||December 1, 2022|
States where DraftKings is on the way
As new legal sports betting markets open, we fully expect a DraftKings Sportsbook app to be in the mix. In states where it is legal, DraftKings is consistently one of the top three sports betting apps.
Ohio is expected to go live with sports betting at midnight New Year’s Eve, with an official launch date of January 1, 2023. Massachusetts is another state we have our eye on for a potential launch in the coming months. Other states will be added to this list as more details emerge.
DraftKings Sportsbook Ohio
On August 3, 2022, the Ohio Casino Control Commission announced that sports betting will officially launch on January 1, 2023, in the Buckeye State. Between now and then, the Commission will create a regulatory system to govern the new market. One of the most exciting aspects of sports betting in Ohio is the fact that you will be able to bet on local colleges. This means, that all those Ohio State Buckeyes bets you want to make will be fair game.
When is DraftKings launching in Ohio?
DraftKings continues to expand its business throughout the United States, and will soon become available to sports bettors in Ohio. With the recent announcement by the Ohio Casino Control Commission, one can expect that DraftKings sportsbook will go live in the Buckeye State as the clock strikes midnight on New Year’s Eve.
DraftKings has secured its market access in Ohio through Penn National Gaming. Penn is a gaming conglomerate currently running two casinos and two racinos in the Buckeye State.
What is the DraftKings pre-live bonus in Ohio?
When you register with DraftKings Ohio prior to Jan. 1, 2023, you’ll get $200 in free bets, which is in addition to the $1,050 in welcome offers available to you when DraftKings sportsbook comes online.
Additionally, DraftKings Ohio will randomly select five users who have registered for their accounts before launch to receive a $100,000 free bet.
DraftKings Ohio promo code for December 2022
|DraftKings Ohio Promo Code||Click to claim promo|
|Total Welcome Bonus||Up to $1,250|
|Pre-launch Bonus||$200 in free bets (8 x $25)|
Must join before Jan. 1, 2023
|Welcome Bonus||$50 free with minimum deposit|
|Deposit Bonus||20% match up to $1,000|
|Launch Date||Jan. 1, 2023|
|Late Updated||December 1, 2022|
DraftKings Sportsbook Massachusetts
Sports betting was officially made legal in Massachusetts on August 10, 2022, when Governor Charlie Baker signed a sports betting bill into law. The bill covers both retail and online sportsbooks. None have launched as of yet, as state regulators hurry to establish licensing procedures. 15 licenses in total are up for grabs, and DraftKings is likely to be one of the operators to go come online with a sportsbook app early in 2023.
When is DraftKings launching in Massachusetts?
Of the 15 licenses available in Massachusetts, eight are tied to a land-based partner. As of right now, DraftKings does not have a partner so will have to compete for one of the remaining seven bids.
Given its prominent position as a leader in regulated online sports betting in the US, and that it is headquartered in Boston, we would be very surprised if DraftKings was not successful in securing a license. We can’t say for certain at this point, but every expectation is that DraftKings will launch in Q1 of 2023.
DraftKings Massachusetts promo code for December 2022
|DraftKings Massachusetts Promo Code||Click to claim promo|
|Welcome Bonus||$50 free with minimum deposit|
|Deposit Bonus||20% match up to $1,000|
|Launch Date||Early 2023|
|Late Updated||December 1, 2022|
DraftKings Sportsbook eligibility requirements
You can be signed up and ready to play on DraftKings in just a few minutes, but you will need to check off some boxes in order to be eligible. Here are the top points to know:
|Age to bet online||For the majority of legal states, the minimum age to bet on sports is 21. New Hampshire and Wyoming require you to be at least 18.|
|Betting restrictions||If you’re on any self-exclusion lists for gambling, you won’t be able to play at DraftKings. Those who work for a league or team or affiliated personnel cannot wager on their own sports.|
|Eligibility for bonus offer||The bonus offer is open to all new DraftKings customers who sign up via a link on this page. If you already have an existing account with DraftKings, you’re not eligible.|
|DraftKings legal states||DraftKings Sportsbook is currently legal in AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NH, NJ, NY, PA, TN, VA, WV & WY.|
|Do I have to be a resident of a legal state to play?||No, there’s no residency requirement for playing on DraftKings, but you do need to be within the borders of a legal state when placing bets. DraftKings uses geolocation to help verify user locations for this purpose.|
How does DraftKings compare to other legal sportsbooks?
What does DraftKings bring to the table in comparison to some of the other industry leaders? Here’s the rundown for a few key categories:
|Same-Game Parlays||Dedicated tab for building same-game parlays.||Featured on-site offering for major pro leagues.||One-game parlay option for select sports.|
|Odds Boosts||Available, but the offerings can be limited at times.||Generally a small selection is available each day.||Typically available, but not a featured offering of the site.|
|Best Feature||Incredibly slick on both web and app.||Very user-friendly platform.||Wide range of sports available for betting.|
|Needs improvement||Promo terms and conditions need to be clearer.||Could use some more regular promos.||Navigation and overall layout could use some tweaking.|
|Customer Support||Email and chat available and readily accessible.||Quality help and FAQ sections; chat support available.||Several options, but lots of clicking to access.|
|App Rating||Android: 3.8 on 4,152 reviews.|
iOS: 4.8 on 255,376 ratings.
|Android: 4.7 on 31,841 reviews.|
iOS: 4.8 on 327,179 ratings.
|Android: 2.3 on 1,450 reviews.
iOS: 4.8 on 62,766 ratings.
What are the top features at DraftKings?
As one of the top online sportsbooks in the US market, DraftKings is clearly delivering. Here are three of its best features:
- Platform: Great tech behind the scenes translates into a smooth betting platform that’s easy to use. The occasional problem can always pop up, but DraftKings generally works well.
- Betting pools: Buy in and compete against other users in a pool format for big prizes on select slates and games.
- Live betting: There’s an awesome section for live betting on both the website and app with real-time updates on what’s happening in the game. A dedicated tab brings you straight to the currently available options.
How to sign up for a DraftKings Sportsbook account
The sign-up process at DraftKings is similar to what you’ll find at other legal online sportsbooks. It takes just a few minutes to complete and will ask you to share standard information such as your name and date of birth. After clicking one of the links on this page, you’ll arrive at a new page where you’ll click the green “sign me up” button. Next, there’s a simple four-step process where you just have to plug in and confirm your details:
- Set up account
- Verify account
- Secure account
- Confirm location
As mentioned, it’s nothing out of the ordinary, but DraftKings Sportsbook will verify your identity and age as part of the process. If there’s any trouble doing so, you’ll have to provide supporting documentation.
For the last of the four steps, you will need to download a geolocation tracking plug-in or enable geolocation tracking on your phone. This is how DraftKings can verify your location when you’re placing bets. If you’re not within a state where sports betting is legal, then your bets won’t go through.
From your first click to creating your account, you’re looking at a couple of minutes tops. Once you’re logged in, you can immediately check out all that DraftKings has to offer and make your first deposit to activate the bonus.
How you can bet at DraftKings
DraftKings has a long list of sports and bets to choose from. When you visit the sportsbook, the main betting lobby will show all of the popular upcoming games and events. You can change the sports that you see by clicking the name on the menu, or switch over and see what’s currently available for live betting.
For the major pro sports, the default listing covers the top pregame bets such as spreads, totals, and moneylines. If you want to see other options for that contest, just click on the game tile.
That brings up a new menu of options, including same-game parlays, alternate lines, and player props. DraftKings does an excellent job with its layout of clickable tabs and menus so you’ll be able to focus on what you want in an instant. When you find the bet that you want to place, just click on the odds to add it to your slip.
When you add in how much you want to bet, you’ll see the potential return right away. If you place the wager, it’ll move over to the “my bets” section, where you can track progress throughout the game. DraftKings will offer the early cash-out feature at times. If you want to take the offer, just click to do so, and your bet will settle instantly.
The DraftKings mobile betting app is one of the best in the biz. Placing bets is simple, and the clean layout makes it easy to track the progress of your wagers and your transaction history. Here are the main bets at DraftKings and how they work:
- Moneyline: Just make your pick from the favorite or underdog.
- Rams -290 over Seahawks
- Spread: Select the favorite minus the points or go with the underdog plus the points.
- Rams -7 over Seahawks (-110)
- Total: Choose over or under on the benchmark number of points that the sportsbook has set.
- Total points over 45.5 (-110)
- Prop: Additional ways to wager on games and events, many of which involve individual player accomplishments.
- Jalen Hurts over 195.5 passing yards (-115)
- Live betting: Place your bets in real time as the game plays out on the field.
- Total points before halftime over 24.5 (-105)
- Alternate: Different spreads and totals to choose from with adjusted odds.
- Eagles -6.5 over Washington to Eagles -9.5 over Washington
- Same-game parlay: Put together a multi-leg wager on the same contest for enhanced returns.
- Eagles over Washington
- Total points over 41.5
- Jalen Hurts to score a TD
- Total parlay odds: +310
- Parlay: Place bets on multiple outcomes on a single slip.
- Titans +155 over 49ers
- Packers -350 over Browns
- Colts +105 over Cardinals
- Total parlay odds: +572
- Teaser: Similar to a parlay, but you can adjust the lines in your favor, with the odds shifting accordingly.
- Rams -7 over Seahawks to Rams -4 over Seahawks
- Eagles -6.5 over Washington to Eagles -3.5 over Washington
- Futures: A long-term wager that often won’t settle until the end of a season.
- Rams to win the Super Bowl
What sports can you bet on at DraftKings?
DraftKings also has a large menu of sports available for betting. This includes all of the major leagues and events, as well as a selection of sports that fall into the niche category. The main menu has a section for the most popular sports as well as a full A-Z listing of what’s available.
When you click on a sport that has multiple options, the menu expands to show you everything that’s available.
How are the odds at DraftKings?
When placing bets at an online sportsbook, you want the odds to at least be in range with what you can find elsewhere across the industry. The odds at DraftKings are generally competitive and typically on point.
As you shop around, you may find better odds on certain selections elsewhere, but that’s where the concept of line shopping comes in. If you plan to play at DraftKings regularly, you’ll find that the odds are comparable to competitors and Vegas sportsbooks.
Odds comparison — DraftKings vs. FanDuel
When you compare the odds across the industry for spreads and totals, you’ll find that the numbers are pretty similar, but you can find half or full points of difference when shopping around. It’s up to you to decide which numbers make the most sense for your wagers.
When it comes to sportsbook odds, take the time to closely compare prices, as even small differences can have an impact on your bottom line. Checking a handful of NFL games on the moneyline at DraftKings and FanDuel, here’s what we find:
|Raiders vs. Browns||-150/+130||-154/+132|
|Vikings vs. Bears||-300/+235||-310/+250|
|Washington vs. Eagles||+220/-275||+235/-290|
|Seahawks vs. Rams||+240/-305||+265/-330|
|49ers vs. Titans||-180/+155||-175/+145|
How early are the lines available?
Waiting around for the numbers at your book of choice can be annoying and frustrating. Thankfully, that’s not an issue at DraftKings Sportsbook. Its numbers won’t necessarily be first, but the odds come out at a reasonable time.
For weekly games like in the NFL and college football, you can expect to see the numbers trickle in early in the week or as the current slate is winding down. For daily sports like the NBA, the NHL, and MLB, odds should be out the day before or the morning of the contest.
It’s the same story as other sports. DraftKings keeps things humming along nicely. As is the case with other online sportsbooks, the oddsmakers tend to be the most on point with the more popular games and events.
Are there any betting limits at DraftKings?
There’s a dedicated section for house rules at DraftKings, as well as a number of helpful “how-to” guides. You can review them for specifics on bet settlement and placement, as well as things that may have a direct impact on wagering. Here are some of the key points to know when it comes to betting restrictions at DraftKings:
|MInimum Deposit||No less than $5. The minimum wager is $0.10.|
|Payout Caps||The max payout for a single winning bet is $1 million.|
|Parlay Rules||A regular parlay could go to 16 legs or more, but it may be capped by sport/event and for same-game parlays.|
Additionally, there can be state-specific rules and regulations to be aware of. Our individual state pages will have additional details. Among those that are common to all of the legal markets are no wagering on high school sports or on political elections.
DraftKings DFS app review & welcome bonus
DraftKings got its start as a Daily Fantasy Sports behemoth. While most of this review is about its sportsbook operations, the DFS operations are still going strong.
When you sign up for a new DraftKings DFS account, you’ll gain instant access to the industry-leading welcome bonus worth up to $520. This bonus doesn’t require any specific DraftKings promo code; just follow our links and claim your bonuses.
DraftKings DFS welcomes you with a free $20 in DFS credits when you make your first deposit (minimum $5). That first deposit also is matched at a 20% rate up to a maximum of $500. This means you must deposit $2,500 to get the maximum $520 value of the bonus.
Remember, only your first deposit with DraftKings DFS will qualify for the deposit match, so you’ll want to choose the right amount accordingly. The bonus funds cannot be withdrawn and must be played before they convert into real money. As for the deposit match portion of the bonus, your bonus funds are released at a rate of $1 per every $25 played through on DraftKings DFS.
|DraftKings DFS||Promo Code Details|
|DraftKings DFS Promo Code||Click to claim promo|
|Welcome Bonus||$20 in site credits with 1st deposit|
|Deposit Bonus||20% 1st deposit match up to $500|
|DraftKings DFS Promo Valid As Of||November 2022|
DraftKings DFS contest entry fees
DraftKings does a great job of tailoring its DFS options to a wide range of people. There are countless ways to play, with lots of flexibility when it comes to entry fees. While you will find contests with entry fee as low as $0.25, contests for $1 and up are some of the most rewarding.
Daily Fantasy isn’t just for the small-time bettor though, DraftKings has plenty of contests for $100 or more, with some contests costing over $26,000 to enter.
DraftKings makes it easy if you’re just starting out playing DFS as there are free contests, that pay out in real money. In addition to those free DFS plays, you’ll also find free pools to enter, where you can win real money as well.
DraftKings DFS contest types
One of the great things about daily fantasy sports at DraftKings is that there are tons of different ways to play. DraftKings continues to be an industry leader with innovative contest types designed for players with all levels of DFS experience. These are some of our favorite ways to play DFS at DraftKings:
- Head-to-Head: Face off against only one opponent. Whoever scores more points wins it all! You can take on strangers or challenge your friends.
- Tournament: Join a large field public tournament to win huge prizes, or create your own smaller, private league to battle against your buddies.
- Best Ball: These contests take place over an entire season. Draft your team before the season starts and watch your roster play out throughout the year.
- In Game Showdowns: If you’re a second half player, these contests are for you. Draft a team at half time and watch your players crush it in the clutch.
- 50/50s: This game mode rewards everyone who finishes in the top half of the field with cash winnings.
- Free to Play Pools: Join free contests against other players in the same pool. Each winner’s prize depends on the pool size, prize amount, and number of winners.
Where can you play DraftKings DFS?
Currently, you can play daily fantasy sports with DraftKings in every state except:
What others are saying about the DraftKings sportsbook app
There are a variety of legal online sportsbooks to choose from these days. Finding the one that works best for you can take a little time, but reviewing the consensus opinion of others may help. To that end, here are some of the current takes on playing at DraftKings.
DraftKings Reddit reviews
There’s plenty of regular chatter about DraftKings among the sports betting community over at Reddit. A number of topics are active with regular commentary, with both good and bad opinions of DraftKings.
On the positive side, there are bettors sharing success stories and general questions about playing on the site. For complaints, there’s a good deal of confusion over promos and some general unhappiness about the odds for same-game parlays.
Overall consensus: DraftKings gets plenty of attention on Reddit, both positive and negative. Much of the discussion is about legitimate questions and answers, but there are also plenty of gripes posted from unhappy users.
DraftKings Apple reviews
The DraftKings iOS app is a popular attraction in the App Store. It’s currently ranked seventh in the general sports category and has received plenty of ratings, both positive and negative, with a solid overall score.
The majority of ratings are at four stars and above. However, there are also a good number of complaints. The biggest negatives from reviewers tend to be about customer service and technical issues.
Overall consensus: 4.8/5 stars with 255,400 reviews.
DraftKings Google reviews
On Google Play, people have downloaded the DraftKings Android app over 500,000 times. The overall ranking, however, isn’t as positive as what we found with Apple users.
Once again, the most common complaints are about customer service, so DraftKings may have some work to do in that regard. That said, many reviewers hit the app with a four- or five-star rating, several of whom noted that customer service was on the ball in resolving their issues.
Overall consensus: 3.8/5 stars with 4,152 ratings.
DraftKings platform review
DraftKings has one of the best mobile betting platforms in the sports betting market, and it’s highly regarded across the legal sports betting industry. Those who like lots of features won’t be disappointed, but it remains simple and easy to use at the same time.
The layout is clear, with all of the main features just a click or a swipe away. A search field would be a nice addition, but it’s far from a game-changer. One area that deserves major praise is its layout for props and other bets.
At other sportsbooks, when researching props for an entire slate of games, you may need to click between the individual games a lot. DraftKings lets you view all of the options as a whole from the same menu.
When you’re pressed for time and looking for player props for your sport of choice, this can be a real difference-maker. The cashier, bet slip and support options are readily accessible, and there are plenty of help and how-to menus to serve as a guide.
The top three things we like about the DraftKings app
DraftKings has become a preferred choice for online sports betting. Here are three top features that help make it a good place to play:
- Awesome tech: This is one of the slickest online sportsbooks on the market. Any website or app can have the occasional glitch, but DraftKings functions smoothly most of the time.
- Great variety: From major sports to obscure competitions, standard bets to exotic wagers, DraftKings has the bases covered. You’ll have plenty of options no matter what time of year it is.
- Betting pools: If you like testing your wits against other bettors for the chance to win big prizes, DraftKings is the place to go. There’s a dedicated section for betting pools, which is a feature that you won’t find at many other books.
Three things we would like to see DraftKings improve
DraftKings has a lot going for it, but there are still some tweaks and improvements that it could make. Here are three spots that the company could focus on:
- Promos and boosts: There’s a limited selection of recurring promos, and the terms aren’t always clear-cut. DraftKings could do a much better job of rewarding loyal customers.
- Customer support: While we were fortunate during our test run, DraftKings customer support has been the subject of complaints. Inattentive and uninformed reps were among the negatives that reviewers often cite.
- Stick to sports: It’s great to see that DraftKings is expanding into other areas. However, the frequent mention of NFTs on the betting lobby and in sportsbook promotional emails is off-putting.
DraftKings funding options
On the web, the cashier function at DraftKings appears in the upper right of the screen. Over on the app, you’ll find an icon up top to click on for deposits and withdrawals. In both cases, it’s a clean and smooth experience with plenty of banking options.
Funding methods can vary by state, but there are generally several choices to use. Note that not all methods are available for both deposits and withdrawals. You can see your exact options in the cashier section.
- ACH e-check
- Credit or debit card
- Bank transfer
- Prepaid card
- Cash at an affiliated casino
Once you’ve set up your account, you can make deposits in an instant. After you win, any winnings will appear in your account right away and be available for you to withdraw immediately. However, DraftKings will need to do some processing on its end.
It can happen as soon as the next day, but it could take longer than that during peak periods. The time to access your funds will vary by the method you use. In general, PayPal and Play+ can be the next day, while others could take a couple of business days.
How to get help at DraftKings
There are two main options for support at DraftKings: email and live chat. If you click on the “contact us” link, you’ll arrive at the main help center page. There are FAQs and general information to browse through with a “contact support” link.
This is a standard trouble ticket system where you enter your information and click submit. DraftKings will answer inquiries in the order that it receives them, but you can typically expect a response the same day or the next day. For more pressing matters, there’s online live chat.
Live chat works well and moves quickly. During our test, we were chatting with a rep in about a minute and received a quick answer to our question. DraftKings also has some great how-to guides that can help you brush up on betting info and house rules.
There’s also a responsible gambling link for those who may need some further assistance or simply want to learn more about the company policies. You can take a break, unregister, limit deposits or pursue other methods for getting help.
DraftKings Sportsbook FAQ
Where is DraftKings Sportsbook available?
DraftKings is available in the following states at the time of this review:
- New Hampshire
- New Jersey
- West Virginia
The company has plans to expand to additional states, as well. In 2023, that will include Ohio and Massachusetts.
Why is my winning bet still open?
Bet settlement generally happens quickly after events go final, but there could be a slight delay if there are any hangups in processing on DraftKings’ end. If it happens to you, there’s a good chance that it’s an issue that’s impacting other users as well, and DraftKings will likely issue a statement on social media that it’s working on the problem. For bets that haven’t been settled in over an hour after the end of the game and that DraftKings hasn’t acknowledged, reach out to customer support for an answer on what’s happening.
Are early cash-outs available at DraftKings?
Yes, DraftKings may let you cash out early, but it won’t always be available for all of your open wagers at the same time. The best advice is to keep an eye on the open bets section of your account as the games play out. If a bet will let you cash out early and you want to accept it, just accept to settle instantly.
Is the vig higher than normal for DraftKings same-game parlays?
Same-game parlays continue to grow in popularity at DraftKings and other online sportsbooks. There have been complaints that the odds for SGPs don’t line up with the numbers for a regular parlay using the same selections. Additionally, the odds on the same SGP can vary widely by sportsbook. Essentially, it seems that the vig is slightly higher on SGPs than what users may find for other wagers.
Why did DraftKings void my same-game parlay?
For same-game parlays that include an injured player who doesn’t play, DraftKings has taken the step of voiding the entire wager. This differs from other books that may adjust the bet and odds for that leg and let it play out as normal. Outside of that, DraftKings may void a bet if one of the options is off the board, such as due to a change in starting pitcher for an MLB game.
Does DraftKings charge any fees for withdrawals?
No, DraftKings doesn’t charge any direct fees for processing withdrawals. The company policy is to process withdrawals back to the original funding source, and processing times for all methods appear in the help section on the site. If you want to withdraw to a different method or no longer have access to the original funding source — i.e., you’ve changed your account — then you should contact customer support.
How quickly does DraftKings answer customer support emails?
In our experience, we’ve received a response from DraftKings as quickly as the same day or by the next business day. That said, complaints have circulated on social media about long wait times. If you’ve waited a decent amount of time and haven’t heard back, reach out to customer support via live chat.
DraftKings in the news
As an industry leader in legal online sports betting, DraftKings is regularly in the headlines. Here are some recent examples:
The DraftKings story
DraftKings launched in 2012 as a daily fantasy sports company. In the years that followed, it became one of the industry’s major players and now stands as one of the two main DFS market leaders. The company expanded into legal online sports betting in 2018.
- Founded: 2012
- Current CEO: Jason Robins
- 2020 revenue: $643 million
- Number of employees: 2,600
- States with a legal app (including for its online casino): Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, New Hampshire, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming
- Expected states: Ohio, Massachusetts
- Biggest market to date: New Jersey
New Jersey was the first state where it offered sports betting. It’s expanded steadily since that point, with DraftKings now available close to 20 states.
DraftKings is also working toward expanding its presence in online casino gambling, completing an acquisition of Golden Nugget Online Gaming in August 2021. The company went public in April 2020 and trades on the Nasdaq under the ticker symbol DKNG.
The growth of DraftKings from a new DFS site to a major player in online gambling has been nothing short of phenomenal. Profitability remains a work in progress, but company leaders are confident they will get there as the legal landscape grows.