DraftKings Sportsbook Promo Code & Review

DraftKings Sportsbook got its start in New Jersey but has since expanded into New Hampshire, Iowa, West Virginia, Pennsylvania, Indiana, Colorado and Illinois. It is expected to expand into Michigan soon, with other states sure to follow. Its success is due in large part to its strong mobile sports betting app.

The longtime daily fantasy sports operator focused on a user-friendly interface in its foray into legal sports betting. The app’s betting carousel attempts to simplify the experience for new users looking to place their first wagers.

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DraftKings Sportsbook promo code September 2020

New players to DraftKings can expect to receive three bonus offers worth up to a combined $1,025.

Here’s how the DraftKings Sportsbook bonus works: upon registration, you receive $25 in free bets. These are yours to wager in any way that you wish.

In addition, new signups will receive a 20% match on their deposit worth up to $500. Deposit $2,500 to take full advantage of this offer.

DraftKings Sportsbook Promo Code:None - Use Links
Total BonusUp to $1,025
Free Play Bonus:$25 Free for Joining
Deposit Bonus:20% up to $500
Risk-Free Bet:Risk-Free First Bet up to $500
Draftkings Sportsbook States:NJ, IN, WV, PA, NH, IA, CO, IL
DraftKings Sports Offered:NFL, MLB, NBA, Golf, NHL, MMA
Last Verified:September 25, 2020

New players will also receive a risk-free bet on their first real money wager. Any lost first bets up to $500 will be subject to a refund from DraftKings.

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DraftKings Sportsbook features

DraftKings Sportsbook features both an app and browser-based site. You can use it on iPhones, iPads, Android devices, PCs and Macs.

DraftKings Sportsbook is, above all else, an attempt to streamline sports betting for the mobile space. As a result, there are several features on the app that are alterations from traditional wagering on sporting events.

Betting carousel

The first major change is the betting carousel. With so many bets available on DraftKings, the company wanted to make it simpler to find events that the player wants to bet.

The betting carousel is a customized suggestion palette for each DraftKings account. The app either uses a player’s specified preferences or their betting history in daily fantasy sports to generate a series of options most likely to suit the bettor.

Simplified language

One of the most daunting things about a new activity is learning the lingo. Almost every activity has its own terms and language, and sports betting is no exception.

However, with sports betting becoming legal in areas where it has mostly been absent, there are many new players entering the game. Therefore, the DraftKings app simplified various bets and information to more functional and contextual labels.

So, for instance, the traditional moneyline bet still exists on the DraftKings app. However, its label is “who will win,” rather than the more obscure or confusing term.

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Variety and flexibility

Almost any type of bet is available on DraftKings Sportsbook. All the typical point spreads, moneylines, totals and futures bets are there, along with rarer options like alternate lines, in-play bets, and proposition bets. More on all of those in a bit.

Every bet on the site features a live ticket system, which allows players to cash out of their bets at almost any time during the contest.

So, if a game is going the bettor’s way, they might be able to collect some or most of the profit on their wager early. The feature would allow players to avoid the chance of some sort of last-second loss.

Even parlay bettors can take advantage of the system. Of course, the payout is less than if the player wins outright, but the amount of the payout automatically adjusts according to the status of the contest(s).

Players can also wager in amounts lower than in a traditional sportsbook. DraftKings will accept wagers as low as $0.10.

Unified branding

One part of the sportsbook that won’t be different is its appearance. DraftKings retained both its black-and-green color scheme and logo throughout the app.

So, players will see the familiar “crowned-D” when they log in for the first time. The app’s design team wanted to reduce friction and difficulty as much as possible in its presentation, even in terms of aesthetics.

Is DraftKings legal?

DraftKings only offers sports betting where it is legal to operate. DraftKings is available in eight states for online betting, including Iowa, Indiana, West Virginia, Pennsylvania, New Jersey, Colorado, New Hampshire and Illinois. It’s only a matter of time before DraftKings becomes available in more states across the US as well.

Creating an account at DraftKings Sportsbook

Creating an account on DraftKings Sportsbook is an easy process. To join, new players will be required to provide some information:

  • Name
  • Date of birth
  • Address
  • Email
  • Phone number
  • Social Security number

Along with this, customers will need to create a username and password for the online sportsbook. Also, they will have to answer a few security questions.

Gamblers will need to confirm that they’re at least 21 years or older, as well as agree to the terms of use and privacy policy.

Registration eligibility at DraftKings Sportsbook

Generally speaking, there is only one standing rule about registering for a DraftKings account. Only players who are 21 or older are able to do so.

The only exceptions are determined by state law. For instance, some New Jersey individuals who have jobs based around sporting events are prohibited from joining DraftKings. So, players, coaches, trainers and referees are not permitted to gamble on the online sportsbook.

Similarly, there are specific casino employees who are not allowed to use DraftKings Sportsbook. If you believe that you may have a disqualifying job, check with your employer, DraftKings, or your state’s gaming authority to get clarification.

For Iowa players

For better or worse, Iowa lawmakers made the decision to compel in-person registration for online sports betting until the end of 2020. Players must physically visit the land-based partner of their chosen online sportsbook to complete the registration process.

DraftKings has partnered with the Wild Rose casinos in the Hawkeye State. So, you can download the app and enter your information in Iowa, but you will need to visit a Wild Rose Casino in either Jefferson, Emmetsburg, or Clinton to complete the process.

For Illinois players

Illinois has also decided to enact in-person registration for online sports betting. However, they recently announced that this requirement is waived until at least September 19th. This saves you the significant extra step of traveling to the live DraftKings sportsbook in East St. Louis. So we recommend you create your account before that date.

Can you link your DraftKings Sportsbook and DFS accounts?

Yes, you can. If you already have an account on the fantasy sports side, DraftKings makes it easy to link your accounts. Once you’ve downloaded the app, there is an option under “account” to link your two accounts.

The sportsbook platform is right on the website, and easy to access.

The DFS app/site and Sportsbook app/site share a common wallet, to a certain extent. You can deposit at DraftKings DFS, and then move money to Sportsbook, once you have played through it once (i.e. if you deposit $100, you have to play in $100 worth of contests in order to move it to Sportsbook). So it’s not quite seamless.

Using the DraftKings Sportsbook app

The experience of using the app to bet on sports is intuitive, whether you are an experienced sports bettor or not. Draftkings Sportsbook offers an iOS app for iPhones and iPads as well as an Android app.

The app is quick and responsive, and you can easily place any bet you want with a few touches.

The app, in its early days, has suffered a bit on the geolocation side, as it tries to determine if you are inside New Jersey. If you’re on a device that is using cellular data only, geolocation has been slow or impossible, depending on timing. Being connected to WiFi definitely speeds up the process.

The sportsbook makes its money through the commission it charges on bets. This commission is also known as the vigorish, or “vig,” for short. DraftKings’ odds have its sportsbook charging more vig than bookmakers traditionally do at Nevada or European sportsbooks, so it’s been a source of consternation for experienced bettors.

DraftKings Sportsbook app for Android

If you want to download the app for an Android device like Samsung Galaxy, you do it directly through the DraftKings site. It is not in the Google Play store.

Once you download and install it, however, it works just like any other Android app.

You have to turn on location services in order to use the app in your state of choice.

The app download is 53.9 megabytes.

DraftKings Sportsbook app for iPhone and iPad

DraftKings is available  — find the link here — for iOS devices like iPhones and iPads.

In the early days of the app, it’s getting very good reviews: a rating of 4.8 from almost 15,000 users who have downloaded it. It is free to download.

Again, you must allow your phone to detect your location while using the DraftKings Sportsbook app, otherwise you won’t be able to access DraftKings, no matter which state you’re in.

If you’re worried about size, it is a reasonable 121 megabytes, fairly little space on todays modern iPhones. It requires iOS 10.0 or later.

While you must be 17 to download the app, you have to be 21 to deposit and bet.

Bet on sporting events tonight at DraftKings Sportsbook

Depositing and withdrawing at DraftKings

DraftKings also provides flexibility for moving money around the online sportsbook.  Right now, there are a few options for depositing:

  • Credit card
  • Debit card
  • Bank transfer
  • Play+ Prepaid
  • PayPal
  • PayNearMe (7-Eleven)

Residents in some states may also be able to deposit into their accounts through the casino cage at DraftKings’ in-state partner. For instance, New Jersey residents can visit the cashier at Resorts Atlantic City to fund their accounts.

However, this option is not offered across the table, so check with your state’s DraftKings representatives before setting off for the live location. Here are the partner locations for all of DraftKings’ areas of service:

  • New Jersey: Resorts Atlantic City
  • Pennsylvania: The Meadows Casino
  • West Virginia: Hollywood Casino at Charles Town
  • Iowa: Wild Rose Jefferson/Wild Rose Emmetsburg/Wild Rose Clinton
  • Indiana: Ameristar East Chicago
  • New Hampshire: n/a
  • Colorado: Mardi Gras Casino, Blackhawk
  • Illinois: DraftKings at Casino Queen, East St Louis

Withdrawals

DraftKings also offers the following options for withdrawals:

  • Check
  • PayPal
  • ACH
  • Casino cage

Please note that PayPal withdrawals are likely only available if you made your initial deposit with PayPal. Also, please consult with your state’s land-based casino before traveling if you’re planning on making a cage pick-up. Their willingness to assist may vary from state to state.

What kinds of bets can you make at DraftKings?

Even with DraftKings’ concerted effort to make sports betting more accessible, the prospect of placing real-money wagers on sports contests can be quite intimidating to new players. So, here are brief explanations of each type of betting.

Point spread

Betting on a point spread is the most common type of bet sports bettors make. A sportsbook will simply determine that one team will defeat another by a specific number of points (or runs or goals or whatever).

Bettors wager that either the team picked to win will exceed that number, or that the team picked to lose will do so by less than that number. If the underdog loses by less than the number or wins outright, the team is said to have “covered” the spread.

Moneyline (or ‘Who Will Win’)

As its DraftKings title implies, the bettor is simply betting on the eventual winner of the contest. The margin of victory is irrelevant to the bet.

Instead, the sportsbook establishes different payouts based upon its perception of which team will win. The favored team will have a negative three digit number next to it, and the underdog will (usually) have a positive number next to it.

This type of bet is easier to understand if we use an example. So, let’s say the Seattle Seahawks are playing the Cleveland Browns this Sunday.

The given moneylines for that game look something like this:

SEA: – 165

CLE: +145

So… if you wanted to bet on the Seahawks, you’d have to put up $165 to receive a $100 payout. By contrast, if you bet on the Browns, you would receive $145 for every $100 you bet.

Totals

Another common type of sports bet is totals bets. These bets are often referred to as the “over/under,” due to the nature of the bet.

The sportsbook will declare how many points will be scored in a given contest by both teams. Gamblers will then wager on whether they believe that number to be too low or too high.

If they bet that the number is too high, they are said to have bet the “under.” Conversely, if the number seems too low, bettors will take the “over.”

Futures

A futures bet is a wager that some sort of longer term event will occur. Common futures bets include wagers that a given team will win its league championship, or that a particular athlete will achieve a specified performance goal.

Proposition

Proposition betting, or prop bets, are wagers on events ancillary to the given sporting contest. Prop bets tend to focus on micro-events, like whether a player will hit a home run in a game or not.

In-play bets

In-play betting is bets that occur during the event itself. Players can often bet on the outcome of a particular quarter.

In fact, the DraftKings app breaks down in-game events to almost a granular level. Bets could be available on events as small as what kind of pitch will a pitcher throw next, or what kind of football play will occur on the next play.

The live ticket system mentioned above effectively makes all bets on DraftKings an in-play wager. You can convert your bet to a payout at any point during the contest.

By providing so many options, DraftKings allows its players the freedom to place any bet they wish. While some betting types are reasonably straightforward, others require more knowledge.

DraftKings gives its customers a sports betting guide that gets into the specifics for every sport available. There are even short videos featuring former NBA star Charles Barkley, where he provides the basics about certain bet types.

One of the more popular forms of betting on DraftKings is through live, in-play wagering. Players no longer have to put in bets before games begin, opening up a lot of possibilities with in-game bets.

DraftKings has multiple live betting markets for almost every single game, in every sport.

One betting option that separates DraftKings from others in the US market is the “Pools” category.

Players are eligible to join organized pools for a fixed rate. These can range from NFL pick ’em for a single week, or the entire season. There’s a college football pick ’em pool as well.

What sports can you bet on at DraftKings Sportsbook?

If it’s a sport that Americans watch with any amount of regularity, it’s probably going to be available at DraftKings:

  • NFL betting
  • College football betting
  • NBA betting
  • College basketball betting
  • NHL betting
  • MLB betting
  • Golf betting
  • Tennis betting
  • Combat sports betting
  • NASCAR (and other motorsports) betting
  • Soccer betting

What bets will DraftKings not take?

Restricted bets will depend upon the state in question. Each state has its own rules, so these are the types of bets that you will not find on DraftKings:

  • Betting on high school sporting events is not permitted in any state.
  • Betting across state lines is not allowed and violates state and federal law.
  • New Jersey
    • You may not bet upon collegiate events that occur within the borders of New Jersey
    • There can be no betting upon New Jersey colleges, most notably Princeton and Rutgers
  • Pennsylvania
    • No betting on non-sports events, like the Oscars or elections, is allowed.
  • Indiana
    • No wagering on esports
    • Live betting is limited and data sources are subject to gaming board review
  • Iowa
    • No proposition betting (including live betting) in in-state college teams
  • New Hampshire
    • No betting on in-state collegiate events
  • Colorado
    • Esports betting is not permitted

Obviously, as other states bring online wagering to its public, there will be some variations. However, rules like the prohibition on high school events or the geolocation requirement.

DraftKings Sportsbook States

Draftkings Sportsbook is currently available in New Jersey, New Hampshire, Pennsylvania, Iowa, West Virginia, Indiana, Colorado and Illinois.

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