DraftKings Sportsbook Review

DraftKings Sportsbook is a legal United States sportsbook available in 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 comes equipped with an excellent user interface, a deposit bonus of up to $1,000 in value, and a mobile betting app that is the best in the industry.

Here, usalegalbetting.com will examine and review every aspect of DraftKings, including its sportsbook promos and bonuses and promotions, states where its available, its loyalty program, the registration process, and much more.

Read detailed and useful information regarding DraftKings legal states.

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.  
 
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.

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 it’s essential to stay updated with them almost daily.

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.

NFL $50 Free Bet

This promo, in which you’ll receive up to $50 back in losses on your first NFL bet, is an alternate welcome bonus. If you choose to use the $1,000 deposit bonus, you won’t be able to use this one.

After signing up for an account and depositing $5 or more, the first wager you make on an NFL game can be done risk-free. If the wager loses, you’ll receive your stake back in a free bet worth up to $50. You have seven days to use the free bet.

NFL Stepped Up SGP

For Week 16 of the NFL season, you’ll receive up to a 100% profit boost on all Same Game Parlay bets, regardless of the game.

After opting in, you’ll receive four Stepped Up tokens. There’s one valid token for games on Thursday, Saturday, Sunday, and Monday. The SGP must be three legs or more.

The maximum wager amount for the SGP is $50; the odds must be at least -500 or longer per leg and +100 or longer as a whole.

Here are the boosts and the corresponding number of legs required.

• 3 Legs: 20% Boost
• 4 Legs: 25% Boost
• 5 Legs: 30% Boost
• 6 Legs: 40% Boost
• 7 Legs: 50% Boost
• 8 Legs: 65% Boost
• 9 Legs: 80% Boost
• 10+ Legs: 100% Boost

$5 NBA SGPX Bonus Bet

After opting in, you’ll receive a single-use NBA DraftKings pre-game $5 SGPx Bonus bet. This can be used on any SGPx wager with +250 odds or greater. The bonus bet is valid for seven days.

Bet $5 on an NBA SGP, Get $10 Bonus Bet

After opting into this offer, place a $5 pre-game Same Game Parlay NBA bet by January 11, 2023. The SGP must have three legs or more and have odds of +250 or longer. After you’ve completed this, you’ll receive a $10 bonus bet. The bonus bet is valid for seven days.

33% CFB SGP or SGPX Boost Pack

When you opt-in, you can receive three 33% College Football SGP or SGPx boosts this week. These are only valid for games occurring between December 19 and December 24. The minimum odds must be -500 or longer per leg. The maximum bet per SGP is $33.

NBA Daily Stepped Up SGP

Each day, you’ll receive one Stepped Up token for NBA Same Game Parlay bets. The tokens can only be used on 3+ leg pre-game SGPs. The maximum bet you can make for this is $50. Each leg must be at least -500 odds, and the entire parlay must be +200 odds or longer.

You’ll receive the following boosts.

• 3 Legs: 20% Boost
• 4 Legs: 25% Boost
• 5 Legs: 30% Boost
• 6 Legs: 40% Boost
• 7 Legs: 50% Boost
• 8 Legs: 65% Boost
• 9 Legs: 80% Boost
• 10+ Legs: 100% Boost

100% NBA Profit Boost

Aftering opting in, you’ll receive a single-use Profit Boost for a single NBA bet. The maximum wager you can make for this is $50, and your additional winnings cap out of $5000. The profit boost expires seven days after opting in.  

100% College Hoops Profit Boost

Same terms as the “100% NBA Profit Boost,” only instead for college basketball.  

100% Soccer Profit Boost

Same terms as the “100% NBA Profit Boost,” only instead for soccer. 

College Football Parlay Contest  

Available through January 2, 2023, each time you place a college football parlay wager, you’ll receive a chance to win up to a $50,000 free bet. To qualify, you must bet $10 or more on parlays, SGPs, or SGPxs on college football bowl games. If you win one with one of the ten longest odds, you’ll receive a bonus bet worth up to $50,000.

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. The maximum bonus you can receive is $1,000.
10. Once you’ve made your deposit, the bonus funds you’re eligible for will be put into a pool that you can draw off of in $1 increments per $25 wagered in cash.

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 Card: 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.

In the following states you may be subjected to a deposit limit, imposed by the state:

• MA - $1000
• TN - $2500
• MD- $5000

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.

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.  

Basketball

NBA

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.

Baseball

MLB

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; the point spread is slightly different. With baseball, the point spread is the run line and always 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.

Football

NFL

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.

Hockey

NHL

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:

• Tennis Betting Sites
• MMA betting sites
• NASCAR betting sites
• Golf (PGA and LIV) betting sites
• Boxing betting sites
• Soccer betting sites  

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 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.

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 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.

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.

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 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.

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 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 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 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

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 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 is already one of the country's biggest online legal sports betting platforms. However, it’s planning to expand as more states become legal. These include Ohio, which will launch on January 1, 2023, and Massachusetts, where its headquarters are located. In addition to those, Maine and Nebraska also have pending legislation in which DraftKings can open branches.

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.