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DraftKings Sportsbook Review & $1050 Bonus

The DraftKings Sportsbook is one of the most popular in the industry, and for good reason. Read our DraftKings review below to learn why this sportsbook might be the perfect choice for you.

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Author:
Justin Stewart
Published:
06/04/2022
Last Update:
30/05/2022
20% Up To $1 000
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4.8
by Odds Scanner US

General Information

🎁 Bonus 20% Up To $1 000
⭐ Rating
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4.8
by Odds Scanner US
💳 Payments Bank Transfer Discover Mastercard Paypal Play+
⚽ Sports American Football
Basketball
Baseball
Ice Hockey
Football
🛡️ License DGE DGE/02-08-2018

Pros and Cons

DraftKings Sportsbook app is fantastic
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Excellent betting stats
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Loads of features
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Could have better odds
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20% Up To $1 000

DraftKings Sportsbook Review

DraftKings sportsbook has tons of betting options and features to entice sports bettors. Every sport you can think of is featured here, and there are lots of high-quality factors to keep you coming back for more.

Continue our DraftKings Sportsbook review for more information about the platform and its features.

Is DraftKings Legit? (Can You Actually Win?)

Yes. DraftKings is a feature-rich sports betting platform that’s been around for years. It has built itself to be a leading contender in the industry. But is it safe to bet on DraftKings?

Definitely! Here’s why.

For starters, DraftKings has renewed its licenses and regularly expands into new markets, ensuring that it follows the proper channels for legalities and regulations. As such, you can trust that your money is safe with DraftKings.

DraftKings Bonus Code & Promotions – An Easy Way to Make More Money

The DraftKings bonus offer is a sign-up promotion that is different for the DFS and sportsbook. New users have $1,050 available. Let’s look into each offer in detail.

After making your first deposit at DraftKings Sportsbook, you will receive a $50 free bet. You get this regardless of your deposit size (DraftKings minimum deposit is $5).

Your free bet can be used on any market. The proceeds of any winning bet will be deposited in your account for withdrawal or future use.

Deposit Match – Worry-Free Betting

DraftKings also has a deposit match bonus. A 20% bonus will be given for your first deposit up to $1,000. Although you may not wish to deposit $5,000 to maximize your bonus, 20% more betting power will be added to any deposit that works for you.

DraftKings VIP – Loyalty Rewards for Players

Explain how the operator bonus works, what the typical offer is, and what users can expect. Include a practical example of how it works and what the conditions are.

DraftKings App & Site – Sleek and Stylish

The DraftKings app is a breeze to use. It’s user-friendly, accessible, and easy to learn. Whether you’re new to the sports betting scene or you’ve been gambling for years, you’re going to feel right at home here.

DraftKings Mobile Experience Highlights

  • Intuitive
  • Super slick design and layout
  • User-friendly
  • Robust

DraftKings Desktop Experience Highlights

  • The DraftKings site is loaded with options
  • Live betting
  • Fast, responsive performance

DraftKings Odds – Competitive and Fair

Finding a platform that offers competitive odds ensures that you get the best experience possible.

DraftKings offers competitive odds and markets. That said, some users will agree that FanDuel has a few more attractive lines than DraftKings.

Compared to FanDuel, DraftKings’ odds are slightly lower in quality. What’s more, DraftKings may charge an additional point compared to FanDuel.

Typical odds might be -114/-107 or -112/-109 on sides or totals. This is slightly lower than average. DraftKings often has higher prices for props, futures, and moneylines. But in some markets, DraftKings is the clear winner.

Reliability – Odds You Can Count On

DraftKings Sportsbook is a good choice if you don’t mind line shopping but still want a reliable and user-friendly sportsbook.

Promos – Plenty of Appealing Bonuses

New users can look forward to an appealing sign-up promotion.

DraftKings Sports Betting Review

DraftKings online sports betting ranks among the top online sportsbooks. It has a modern app and offers many betting options. In some states, it even offers casino games. And with DraftKings online betting available in several states, there’s no shortage of fun to be had by sports bettors across the country.

NFL Sports Betting – The Most Popular Sport at DraftKings

DraftKings sports are in demand, and NFL sports betting is one of the most popular. You’re sure to appreciate the wide variety of betting options on the online platform.

NBA Sports Betting – All the Action, All the Time

DraftKings betting is at its most exciting during basketball season. From the NBA Playoffs to the Finals, DraftKings bets are yours to wager.

MLB Sports Betting – A Grand Slam in Betting Action

DraftKings MLB online action is only a hit away when you take advantage of all of your betting options.

DraftKings Casino Review

DraftKings casino is well-known for its sportsbook section. There’s also DraftKings online casino gaming for those who prefer to play slots and table games. There are a few games that will please and delight players who love the sportsbook but would also like to try something new.

Promotions & VIP – Rewards for Players

The DraftKings casino offers extras to those who play regularly.

Refer a friend and you can get extra cash in your account. After they have made their deposit, you receive extra cash to play with.

Long-term loyal players can also cash in on a VIP program. This is one of the best parts about playing for a longer time. You can receive daily bonuses and other offers depending on your tier.

DraftKings Poker & Games – Play on the Go

DraftKings doesn’t have a mobile casino app, but you can still play on the move by using your phone’s web browser.

Access the casino’s top tab section to play games. Click on the casino tab and go to either the table or slot machine games. If you’re a new player, make sure you deposit cash through the banking section.

Layout – User-Friendly Interface

The interface is both intuitive and accessible, offering an appealing take for players. You really feel as if you’re at a real casino thanks to the excellent layout design.

DraftKings Deposit and Withdrawal Methods

Banking options are an important aspect of sportsbooks to consider. We’re happy to report that DraftKings has plenty of funding options to make depositing and withdrawing money easy.

How can I deposit money on DraftKings?

DraftKings’ cashier feature makes it a breeze to move funds in and out of your account without issue.

After logging in, you will find the “Deposit” button in the upper right-hand sidebar. You’ll see all the options available to you after clicking it. These options range from online bank transfer to PayPal.

DraftKings deposit methods are listed below:

  • Credit cards (Mastercard, Visa, Discover, or American Express)
  • Gift cards (Mastercard, Visa, or American Express)
  • PayPal

Deposits can take anywhere from 2 to 8 business days.

How can I withdraw money on DraftKings?

DraftKings withdrawal options are similar to its deposit options. Click on “My Account” to access the area where you can withdraw funds. Then, select your withdrawal method.

Please note that not all deposit options are available for withdrawal. The available methods can vary from one state to the next.

Here are some ways to withdraw money from DraftKings:

  • Credit cards (Mastercard, Visa, Discover, or American Express)
  • Gift cards (Mastercard, Visa, or American Express)
  • PayPal

Allow up to 7 business days to receive your funds.

DraftKings Sports Betting Markets

DraftKings has the largest selection of bet types available of any betting site in the United States. For example, it’s the only sportsbook that offers odds on golfers making or missing the cut.

What’s more, DraftKings Sportsbook offers the largest player props for major leagues like the NFL, NBA, and NHL. DraftKings online sports betting offers outright odds as well as many other markets on the PGA Tour and more.

Daily Odds Boosts at DraftKings

DraftKings Sportsbooks provides daily odds boosts on the most popular sports. Odds boosts can be described as receiving better odds on a particular outcome, which increases your potential winnings.

Live Betting at DraftKings Sportsbook

DraftKings Sportsbook offers live sports betting and even has a Flash Bet option. This allows you to live-bet on football, baseball, basketball, and tennis.

DraftKings Login and Registration

The DraftKings login process is straightforward even if you’re new to sports betting. Follow the steps below to get started on DraftKings Sportsbook today.

1.   Sign Up

DraftKings will prompt you to click the button labeled “Sign Up” when you visit the site.

2.   Provide Personal Info

A prompt will appear asking for basic information to verify your identity. This is a standard procedure for signing up with any online sportsbook.

3.   Answer Questions

You might be asked some questions. DraftKings has a list of contact options that you can access right from the website. For those who need immediate answers, DraftKings offers a chat option.

4.   Deposit Funds

After you have created your account, you can deposit money. The site has a simple layout and plenty of betting options.

5.   Place Your First Bet

Once you’ve deposited your funds, you can make your first DraftKings bet.

DraftKings Live Betting – Stay in the Game

DraftKings’ comprehensive approach to sports betting ensures that you’re getting cutting-edge features from the sportsbook giant.

There are basic types of bets, such as spreads and moneylines, as well as advanced types like futures, props, and live betting.

You can find all the major sports plus many lesser-known ones.

After logging in, live betting options will be displayed on the main screen. There’s also an option to click on the link at the top for more information. Clicking on the sport you are interested in will take you to a list of available markets. It’s that easy.

User-Friendly Layout

DraftKings has a simple layout that is easy to use. It’s easy to find what you need, including the odds on all of the upcoming games.

Intuitive Design

You’ll see the spread, moneyline, and total odds on one page when you look up upcoming NFL games. Moreover, clicking on the game opens up a new window with additional opportunities such as prop betting.

DraftKings Customer Support – Convenient Ways to Stay Connected

You can contact DraftKings’ customer service team on the website, where you can send a message to a representative or discuss your issue via DraftKings live chat. In addition, you can reach DraftKings Sportsbook customer service via email.

DraftKings Company History

DraftKings was founded in 2012 by Jason Robins, Matt Kalish, and Paul Liberman, former employees of Vistaprint. The company was initially based in Liberman’s Massachusetts house.

In the beginning, they only offered one-on-one games. DraftKings launched the contest on the MLB’s first day in 2012.

DraftKings received its first outside investment just a few months later. Ryan Moore and other investors invested $1.4 million in the company.

DraftKings was funded by the MLB in April 2013. They became the first DFS company to invest in a sports league.

DraftKings secured venture capital funds for the remainder of their business after they received $24 million from Accomplice Venture Fund, BDS Venture Fund, and GGV Capital.

DraftKings awarded prizes totaling more than $50 million through its contests in 2013. The company had 1 million registered users by this time.

According to industry studies, DraftKings was second in DFS companies behind FanDuel as of July 2014. They acquired DraftStreet within a short time and increased their membership by nearly 50%.

DraftKings has gone on to sign lucrative deals with numerous sports franchises and players.

DraftKings vs Other Sportsbooks

There’s no denying that DraftKings has earned its reputation for being a quality platform. The DraftKings sportsbook is known for its accessibility and ease of use.

While DraftKings has a unique interface, it’s still very similar to other sportsbooks, including the markets available and the variety of bets offered.

But given DraftKings’ history and popularity, it’s safe to assume that other sportsbooks are trying to emulate DraftKings’ success.

Conclusion - Is it Worth Betting on DraftKings?

DraftKings has rightfully earned its place among the best sportsbooks in the industry. With its slick user interface, broad appeal, attractive bonuses and promos, and vast betting options, this is one platform anyone can pick up and learn.

It doesn’t matter if you’ve been betting on sports for years or you’re just getting started. DraftKings Sportsbook will have you feeling right at home in a matter of minutes. There really is something here for everyone, and we’re confident that you will appreciate what this sportsbook brings to the sports betting world.

Frequently Asked Questions About DraftKings

If you still have questions about using DraftKings, be sure to explore our FAQ section below.

Is DraftKings legal in the US?

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Yes, but only as long as the state you’re playing in allows sports betting.

How does DraftKings Sportsbook payout?

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Payouts are in increments of $25.

Is DraftKings safe?

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Yes. DraftKings is completely safe and secure to use.

What is the minimum deposit for DraftKings?

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You must deposit at least $5.

How long do DraftKings withdrawals take?

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Most withdrawals take between 2 and 7 days.

Does DraftKings have a minimum bet?

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You must bet at least $5 to get started.

How to bet on DraftKings

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To place a wager, simply search for the event or outcome you wish to bet on. Click to add it to your bet slip.

What states are DraftKings legal?

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Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Michigan, New Hampshire, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

When does DraftKings report earnings?

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Typically around the second quarter.

How old do you have to be to use DraftKings?

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You have to be at least 18 to play.