DraftKings Review

Richard Janvrin
By:Richard Janvrin

DraftKings Review Info

  • Established Date - 2012
  • Headquarters Location - Boston, Massachusetts
  • Minimum Deposit - $5
  • Max Bonus Amount - $1000
  • Email: [email protected]
  • Intuitive and easy-to-navigate
  • DK Crowns Loyalty Program
  • DFS/Sportsbook integration
  • Innovative ‘Cash-Out’ feature
  • Huge prize pools on offer
  • Same Game Parlays Available
  • No telephone support, only call backs
  • Odds could be more generous
  • Limited withdrawal options
  • Welcome bonus requires you to wager money before accessing bonus funds

DraftKings Sportsbook Review

✅Fact Checked by: Michael Savio

DraftKings Sportsbook is a legal United States sportsbook available in over 20 states. It first launched in New Jersey in 2018 and has quickly expanded. Due to its daily fantasy sports platform dating back to the early 2010s, DraftKings Sportsbook has soared in popularity and is a household name.

A trusted brand, DraftKings has an excellent user interface, a deposit bonus of up to $1,000 in value, and the best mobile betting app in the industry.

Here, USA Legal Betting will examine and review every aspect of DraftKings, including its sportsbook promos and bonuses and promotions, states where it's available, its loyalty program, the registration process, and much more.

All DraftKings Bonuses and Promotions Review

Sign Up Bonus 

The welcome bonus at DraftKings Sportsbook is a 20% deposit bonus worth up to $1,000. To get the total $1,000 in bonus cash, you need to deposit $5,000.

After depositing, the bonus funds you’ll receive are then allocated into a pool you’ll draw off. You’ll draw $1 in bonus funds per $25 wagered in cash.

Once you have deposited, you can earn up to $150 in Bonus Bets by placing an initial wager of $5+.  
This offer doesn’t require a DraftKings bonus code or DraftKings promo code.

DraftKingsSportsbook Sign Up Bonus Terms 

You have 90 days to redeem your bonus funds before they’re forfeited. Only contests with -300 odds or longer will qualify toward it when wagering cash to redeem the bonus funds.

This offer is valid through February 12, 2023, and is available in all states where DraftKings Sportsbook is legal.

DraftKings Loyalty Bonus 

At DraftKings Sportsbook, players will earn DK Crowns as part of the loyalty program.  DK Crowns can be redeemed for DK Dollars, Free Credits, and other exclusive rewards.  
On average, every 555 DK Crowns equates to one DK dollar.  
You accumulate DK Crowns in the following ways:

  • Straight Bets: $2 = 1 Crown
  • Parlays: $1 = 1 Crown
  • DFS: $1 = 1 Crown
  • Marketplace: $2 = 1 Crown 

You can also earn crowns from online casino play. The minimum number of crowns needed to redeem them is 55.

DK Dollars come with 1x wagering requirements, meaning you’ll need to wager whatever you win in cash when using these to withdraw your winnings as cash.  

DraftKings: Refer to A Friend  

To participate in the DraftKings Refer-A-Friend Program, the player you’re referring to must be new to DraftKings as a whole, not just the sportsbook.

When you refer a friend using your exclusive link, they must deposit at least $25. However, the bonus you’ll each receive does scale based on how much you deposit.

  • $25 - 49: $25 free bet
  • $50 - $99: $50 free bet
  • $100-$149: $100 free bet
  • $150+: $150 free bet.

The free bet you receive is valid for seven days, and the amount of the free bet is not included in any winnings you earn. They’re not redeemable for cash, and they’re non-transferable and non-refundable.

Other Ongoing DraftKings Promotions and Bonuses

In addition to the welcome offer and the refer-a-friend and loyalty program, there are other offers to be aware of at DraftKings Sportsbook. These offers change pretty often, so staying updated with them almost daily is essential.

Below are the DraftKings Sportsbook bonuses currently available that you can explore. Remember, these offers may not be available in your state or may be unavailable after reading this.

Mystery NBA Profit Boost

DraftKings is celebrating the final stretch of the NBA season with a unique profit boosts offer! When you opt-in to this promo, you'll randomly receive a 10%, 25%, 50%, and 100% profit boost token. You won't know which level you will get until you opt-in, but you'll walk away with a free boost of at least 10%. 

There is a limit of one profit boost token per person.

All Sport Same Game Parlay Insurance

Are you a fan of Same Game Parlays? If so, DraftKings has you covered! When you opt-in to this promo, you'll receive a Same Game Parlay Token to place a 3-leg SGP. Each token can be placed when making a SGP wager with minimum odds -300. 

How to Register to DraftKings SportsBook

Registering for an account at DraftKings Sportsbook is quick, easy, and straightforward. Below, we’ll explain how to do so, step by step.

  1. Go to the DraftKings desktop site or download the app.
  2. Click “Login” in the upper right-hand corner of the page.
  3. Click “Sign Up.”
  4. Complete the initial account creation page, including information such as email, username, password, phone number, and terms of service.
  5. After completing this initial step, you’ll make a real-money wagering account.
  6. This step requires you to provide information such as your address, the last four digits of your social security number, and other personal details to confirm your identity.
  7. Once the registration process is complete, DraftKings will run geolocation software to confirm you reside in a legal state.
  8. After confirming this, make your first deposit of at least $5 or more. This will be matched at a 20% rate.
  9. Place an initial wager of $5+ to qualify for $150 in Bonus Bets
  10. The maximum bonus you can receive is $1,150.

DraftKings Sportsbook: Deposit Methods

DraftKings Sportsbook offers players a wide variety of deposit methods. When it comes to banking methods, the more options, the better.

Below, we’ll detail how to use all available methods and go over the minimum deposit and processing times for each.

  • Credit/Debit Card: Visa, Discover, and MasterCard
  • Online Banking: You can log into your bank account from the deposit page.
  • PayPal: PayPal is an e-wallet service in which you can fund your DraftKings Sportsbook account with your PayPal balance or by using it as an intermediary for your bank account.
  • ACH: By enrolling in VIP Preferred, you’ll be able to link your bank account for fast transactions.
  • Play+ Card: This is a card issued by DraftKings Sportsbook that acts as a debit card. You’ll receive a PIN for it and can add funds online.
  • Wire Transfer: Funds are directly transferred from your bank account to your DraftKings Sportsbook account. This has a longer processing time than using Online Banking.
  • DraftKings Gift Cards: You can purchase these from select retailers.
  • PayNearMe: Begin the process on the deposit page. Here, you’ll receive a barcode that you must present to a cashier at retailers like Family Dollar, CVS, Dollar General, or 7-Eleven.
  • Venmo: This is similar to PayPal in that you can fund your account with your Venmo balance or by using your bank account.
MethodMin DepositProcessing FeeProcessing Time
Credit Debit Card$5$0Instant
Online Banking$5$0Instant
Wire Transfer$100$01-2 business days
Gift Card$5$0Instant

DraftKings: Withdrawal Methods

After DraftKings Sportsbook, you’ll be able to withdraw from a shared wallet that includes the online casino if you’re in a legal state. To learn how to withdraw from DraftKings, you’ll need to click on your account icon and “Account Information.”

You’ll be brought to a page where you can initiate a withdrawal and choose from the available options.

Withdrawal at DraftKings Sportsbook process between 9 am and 5 pm EST. And withdrawals submitted after 2 pm EST will be processed the next day. This does include banking holiday hours.

That said, below is a list of methods available.

  • Online Banking: Log into your bank account on the site.
  • VIP Preferred: Link your bank account to your VIP Preferred account.
  • PayPal: Send withdrawals straight to your PayPal balance.
  • Debit Card: Send funds directly to the debit card on file.
  • Cash Cage: Pick up your funds in person from a DraftKings retail casino partner.
  • Venmo: Send funds directly to your Venmo account.
  • Play+ Card: Use your Play+ Card to withdraw funds by bringing them to an ATM.
  • Check by Mail: Receive a check you can cash into your bank account.
  • Bank Wire: Have funds wired directly from your sportsbook account to your bank account.
MethodMin Withdrawal amountProcessing FeeProcessing Time
Online Banking$1$0Up to 5 days
VIP Preferred$1$0Up to 3 days
PayPal$1$0Up to 2 days
Debit Card$1$01 day
Cash CageNone$01 hour
Venmo$1$0Up to 2 days
Play+ CardNone$0Up to 4 days
Checks less than $100$15$0Up to 7 days
Checks between $100.01 - $1,999$15$0Up to 5 days
Checks of $2,000 or more$15$0Up to 3 days
Bank Wire$20,000 (first time); $10,000 after)$0Up to 2 days

DraftKings Sportsbook: Leagues and Markets to Bet on

At DraftKings Sportsbook, you’ll have a wide variety of sports and bet types to engage with. Not only are there a number of sports, but within those sports are many leagues from across the globe. Some of the top bet types include point spreads, moneylines, totals, futures, props, and parlays.

Below, we’ll look at the available leagues you can wager on.  



With NBA betting, you’ll be able to wager on the point spread, moneyline, totals, futures, props, parlays, Same Game Parlays, and more. With basketball being such a high-paced game, live betting can also be exciting, including betting on the result of the next shot and more.

DraftKings is partnered with the following NBA teams: Detroit Pistons, Golden State Warriors, Houston Rockets, Indiana Pacers, Los Angeles Clippers, Minnesota Timberwolves, New York Knicks, Philadelphia 76ers, and Sacramento Kings. This is easily one of the best NBA betting sites.

NCAA Basketball

There are several games during the NCAA Basketball regular season, but where the action heats up is in March for March Madness. This is a 64-team, single-elimination tournament to crown the NCAA champion. There’s also the NIT, which is somewhat of a consolation bracket. You’ll have the same bets available here as in the NBA. It’s one of the best NCAA basketball betting sites and March Madness betting sites.



The MLB season is north of 160 games when you include the postseason. You’ll be able to wager on the same things as the NBA, but the point spread is slightly different. With baseball, the point spread is the run line and is always set at 1.5 runs. Unlike other sports, betting odds can vary between the favored and underdog team. In contrast, the odds for point spread in the NBA and NFL will also be roughly the same.

DraftKings MLB is partnered with the Cleveland Guardians, Boston Red Sox, Chicago Cubs, and Colorado Rockies, making it one of the best MLB betting sites.



The NFL is easily the most wagered-on sport in the country and includes all of the same bet types as the NBA. You’ll also be able to wager on prop bets associated with the draft each year, making it of one of the top NFL betting sites.

You’ll also be able to bet on the Super Bowl here as well. There are numerous props available, making it one of the best Super Bowl betting sites.

DraftKings is partnered with the Baltimore Ravens, New England Patriots, New York Giants, and Pittsburgh Steelers.  

NCAA Football

College football is an exciting sport to bet on because, in addition to the regular season, you’ll have 40+ bowl games to place wagers on after the regular season. A four-team College Football Playoff caps off the season.

You’ll have the same bet types here as the NFL. DraftKings is one of the best NCAA football betting sites.



When you bet on the NHL, you’ll, once again, have the same bet types available as the sports mentioned above. Like the MLB, the point spread is different. In hockey, this is known as the puck line. Like the MLB, this will always be 1.5 goals.  
DraftKings is partnered with several NHL teams, including the St. Louis Blues, Boston Bruins, Chicago Blackhawks, Colorado Avalanche, Detroit Red Wings, Los Angeles Kings, New York Ranges, and Nashville Predators.

This is one of the best NHL betting sites.

Other Sports

Some other sports that you’ll be able to bet on at DraftKings Sportsbook include soccer, boxing, DraftKings UFC/DraftKings MMA, cricket, NASCAR, and more. DraftKings Sportsbook is partnered with 23XI Racing, a Michael Jordan-owned three-driver team.

DraftKings also ranks atop the following:

DraftKings Sportsbook: Betting on Horse Racing

DraftKings Sportsbook does offer horse racing betting. You can enter free pools on the DraftKings app that offer cash prizes. DraftKings has partnered with Churchill Downs Incorporated to allow players to engage with pari-mutuel wagering.

DraftKings: Daily Fantasy

DraftKings began as a daily fantasy platform responsible for growing its brand to where it is now. With daily fantasy sports at DraftKings, you’ll build a lineup of players from the available pool and stay under the salary cap. Each player is assigned a salary.

With these lineups, you’ll enter contests such as tournaments, head-to-head, 50/50s, and double-ups. Tournaments are known as guaranteed prize pools, and the others are known as cash games. Tournaments will always payout, but with an expanded field, it’s harder to win.

You can create lineups for the NFL, NHL, NBA, NCAAB, NCAAF, Soccer, eSports, MLB, and more.

The Showdown Slate is a newer, more popular contest where the lineup is all FLEX spots with one captain position. The captain will receive 1.5x the points it typically would. This allows for more lineup variability as the entire lineup is FLEX spots, and the difference of captain can change the trajectory of contests.

DraftKings: DK Squares

DK Squares are now available for all NFL games—not just the Super Bowl. With DK Squares, you’ll bet on the final digit of each team's score.

For example, if you bet “0:0,” the game must conclude with each team posting a score with a 0 at the end of it—10, 20, 30, etc.

There are well over 50 options available for each game.

DraftKings Sportsbook: Odds Review

DraftKings Sportsbook is one of the most well-known online sportsbooks in the market today. A big part of its notoriety is how aggressive and competitive they are with its odds. On top of that, DraftKings offers odds boosts daily across a robust sports library. You may not always find the best odds here, but that could be due to the betting action a particular wager has received.

DraftKings Sportsbook: Live Betting

Live betting allows you to engage with a game already in progress. You’ll be able to wager on almost all the same things as you could pre-game, but the odds and lines will change based on what’s actively happening in the game.

On the live betting page, you’ll see the game's score and can also track key statistics to help make informed live betting decisions.

Under the statistics section will also find the most high-valued props as determined by DraftKings Sportsbook.

DraftKings Sportsbook: Live Streaming Review

Right now, live streaming is unavailable at DraftKings Sportsbook. However, you can access DK Live, which is a live feed providing continuous updates about the game, including the player and statistical production.

DraftKings Parlay Bets

DraftKings Sportsbook allows players to wager on traditional parlays, Same Game Parlays, and Same Game Play Extra.

  • Traditional: With traditional parlays, you’ll select multiple contests across different games to add to a single bet slip. Each contest you add is known as “legs.” They must all result in a win for the parlay to succeed.
  • Same Game Parlay: The Same Game Parlay is the same premise as a traditional parlay, only you’re choosing legs from within a single contest.
  • Same Game Parlay Extra: An SGPx allows you to combine multiple single bets and SGPs into one SGPx. This is available for both parlay and round robin combinations. With this, you can combine multiple Same Game Parlays for a larger, more lucrative parlay.

DraftKings Sportsbook: Early Cash Out

The cash out feature at DraftKings Sportsbook allows you to bail out of a wager early. This could be because things are going well, and you don’t want to risk taking a loss, or if you’re losing, you can exit a bet before it settles to salvage a portion of your wager.

You’ll be able to see if cash out is available on your bet history/bet slip. This won’t always be available, but when it is, you’ll be able to click on it and complete the cash out.

DraftKings Sportsbook: User Experience

DraftKings Sportsbook is available on a desktop, mobile web browser, and mobile app. We’ve taken the time to scour over each platform and will present a review of our findings below.

DraftKings Mobile App

The DraftKings Sportsbook mobile app is available for both iOS and Android devices.

When you open the app, you’ll find your account icon in the upper left-hand corner with the log in button to the right of that.

Below this, you’ll find a menu with links to the following:

  • Sportsbook
  • Quick Parlay
  • Social
  • Pools
  • Flash Bet
  • Marketplace
  • Daily Fantasy
  • Dynasty
  • Stats Hub 

Below this menu is a carousel-like menu for the available promotions. You can click on these to view more details about the offer and any terms and conditions.

You’ll next see a menu of the available sports. You can click on these to load the available contests and the betting odds for each game. On the homepage, there’s another that you can click on to bring you to the live games you’ll be able to wager on.

As you can continue to scroll down the homepage, you’ll find a collection of Quick SGP options, live games, and upcoming games.

Along the bottom of the app is a static menu that you’ll have regardless of the page you’re on. Here, you’ll find links to the homepage, live betting, your betslip, a list of sports, and the rewards program.

The list of sports is segmented in alphabetical order with the leagues available under each of them.

Under the betslip, you’ll see all your bets, including open, settled, won, and lost.

This is a streamlined and easy-to-use mobile app in which we experience no lag or buffering while using. This is a preferred way to wager with DraftKings Sportsbook due to its intuitive and responsive nature.

Mobile Web

On your mobile web browser, DraftKings Sportsbook is quite different compared to the mobile app. You’re immediately suggested to download the mobile app when you open the mobile web browser.

However, you can log in on the mobile web browser.

Here, there’s a collapsible menu in the upper left-hand corner. This opens up a menu where you can deposit, go to the homepage, look at your bets, check out live games, promotions, how to bet on DraftKings, and more.

On the homepage, you’ll see a drop-down with a list of sports alphabetically and available promotions below.

Finally, you’ll see the available games, including multiple menus for live games, upcoming games, and a place to look at statistics for games.

Using the mobile web browser requires more scrolling around than the mobile app. This is an excellent way to use DraftKings Sportsbook, but we recommend downloading the app

DraftKings Web

The DraftKings Sportsbook web browser is fantastic. At the top of the page, you’ll find links to daily fantasy, the sportsbook, and online casinos. You’ll find the menu for your bets, live games, promos, and more.

On the left-hand side of the page, you’ll see a list of available sports and the promotions in the middle. These promotions are displayed in a menu that you can scroll left and right.

Below, you’ll find menus similar to the mobile web browser, including live games, upcoming games, and a stat hub.

When you click on the sport you’re interested in; you’ll see the available games and odds for the moneyline, spread, and total. You can click on the individual games to find more betting options, including props.

The desktop is immaculate. If you’re at home, we recommend betting using this platform.

DraftKings Sportsbook: Customer Support

DraftKings Sportsbook offers multiple ways to contact DraftKings support. When you click on “Get Help” at the bottom of the page, you’ll be greeted by the FAQ section. You can browse these numerous articles to find the answers to your questions. However, if this doesn’t answer your question, you can ask for further support.

When you open this page, youll see the email form, but below this are links to live chat, requesting a call back and more.

Below is a list of all available methods.

Email: [email protected]
DraftKings Phone: Call Back Request [Text Wrapping Break]Live Chat: Available 24/7
Support languages: English
Twitter: @DKSportsbook

DraftKings Sportsbook: Security, Licenses and Reputation Review

DraftKings Sportsbook has legal mobile sports betting available in 20 states. To launch in these states, DraftKings must adhere and comply with multiple protocols and procedures to receive a license from the in-state governing body that oversees gambling in the state.

Additionally, DraftKings has thousands of reviews across all its platforms that is all customer-rated.

DraftKings has licenses from the following entities for mobile betting:

  • Arizona Department of Gaming
  • Colorado Gaming Division
  • Connecticut Gaming Division
  • Illinois Gaming Board
  • Indiana Gaming Commission
  • Iowa Gaming Commission
  • Kansas Racing and Gaming Commission
  • Louisiana Gaming Control Board
  • Maryland State Lottery & Gaming Control Agency
  • Michigan Gaming Control Board
  • New Hampshire Lottery Commission
  • New Jersey Gaming Control Board
  • New York State Gaming Commission
  • Oregon State Lottery
  • Pennsylvania Gaming Control Board
  • Tennessee Sports Wagering Advisory Council
  • Virginia Lottery
  • West Virginia Gaming and Racing Association
  • Wyoming Gaming Commission

DraftKings: Online Casino Review

There is a DraftKings online casino. Here, you’ll have access to over 1,000 games, including slots, blackjack, roulette, baccarat, video poker, craps, and other table games. You can learn more about the online casino by checking out our official review.

As mentioned, there are over 1,000 games, with 913 as slots. Live dealer games are also available, allowing you to interact with a host using a chat feature. This brings you as inside the casino as possible without physically being there.

The online casino is legal in New Jersey, Pennsylvania, West Virginia, Michigan, and Connecticut.

DraftKings: Online Poker Review

DraftKings currently doesn’t offer a standalone online poker room platform. However, you can play a variety of poker games at the online casino, including Texas Hold’Em

DraftKings Sportsbook: Future Plans

DraftKings Sportsbook is already one of the country's biggest online legal sports betting platforms. It was recently in North Carolina and Maine, but the future is unknown. There are still 12 states without any form of sports betting, but they have major roadblocks standing in their way. 

DraftKings Sportsbook Review: Conclusion

DraftKings Sportsbook is easily one of the best online sportsbooks on the market today. Here, you’ll have access to a best-in-class mobile app, a wide variety of available sports, and perhaps the most robust library of betting options.

If we could change anything, we’ve found in this DraftKings review that the welcome bonus is one of the worst in the industry. The 20% rate is relatively low and the “bet and get” nature of the offer makes utilizing the bonus funds quite tedious.

Other than that, DraftKings is unmatched in almost every aspect. We highly recommend you explore and try DraftKings Sportsbook if you have yet to try it. It’s one of the best sports betting sites on the U.S market today.

DraftKings Sportsbook – 5 FAQs

Who is eligible to claim the Welcome Bonus at DraftKings?

Anyone who is has had their registration approved by DraftKings is eligible to claim the DraftKings Sportsbook matching deposit bonus.

What is the best promo or bonus code to use in order to claim the Welcome Bonus at DraftKings?

No bonus or promo code is required to claim the DraftKings Sportsbook sign-up offer.

Can I use a DraftKings Sportsbook Gift Card to deposit into my account?

Yes. Redeem your DraftKings Gift online by entering the card number on the deposit page of your account. Funds can be used on sports wagers, casino game play and Daily Fantasy Sports (in states where all bet types are offered).

Is DraftKings Legit?

Yes, DraftKings is legit. It has legal mobile betting in 20 states and has been around since the early 2010s with its DFS platform.

Can I join DraftKings in the States?

Yes, DraftKings Sportsbook is available in 20 states. You can join in any of these legal sports betting states.

Can I use DraftKings in different states?

Yes, if you create a DraftKings Sportsbook account, you can use it in any state where it’s legally operating.

Do I need a new DraftKings account to be in a different state?

No, once you make a DraftKings account, you can use it in all legal states.

Do I get a welcome bonus when I first sign up with DraftKings?

Yes, at DraftKings Sportsbook, you’ll receive a 20% deposit bonus worth up to $1,000 & $150 in Bonus Bets when making an initial wager of $5+.

What are DraftKings deposit limits?

The minimum deposit for most methods is $5.

What are DraftKings withdrawal limits?

The minimum withdrawal at DraftKings for most methods is just $1.

What is DraftKings withdrawal time?

Withdrawals at DraftKings Sportsbook can take anywhere from two to seven business days, depending on the method you want to use.

Can I deposit Bitcoin to my DraftKings account?

No, you cannot use Bitcoin as a banking method.

What is DraftKings Play+?

The Play+ Card is given to players by DraftKings Sportsbook. It acts like a debit card in that you can fund it online and withdraw at ATMs.

Does DraftKings offer horse racing?

DraftKings does offer horse betting pools and recently partnered with Churchill Downs Inc.

Does DraftKings offer DFS betting?

Yes, DraftKings was founded as a daily fantasy sports company and still provides that service today.

How do I contact DraftKings customer support?

You can contact DraftKings customer service in multiple ways, including FAQ, live chat, callback, and email.