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DraftKings Review

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Mobile App 95%
Sportsbook 96%
Banking 91%
Bonuses 96%
Promo: No Sweat Bet up to $1,500 + NBA No Sweat SGP
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unibet pros cons icon Pros & Cons
  • One of the first sportsbooks to operate legally in US
  • Unique features like Same-Game ParlayX and Dynasty Rewards
  • Extremely user-friendly and easy to place bets
  • Vig is higher than industry average
mobile app icon Mobile App
  • One app for all bettors
  • Easy to place bets on the go, including live betting
  • 4.8-star rating on App Store
sportsbook icon Sportsbook
  • Favorable odds available
  • Progressive Parlays, Missions, SGPX, and Dynasty Rewards features
  • Huge range of international and American sports
markets icon Markets
  • DraftKings Sportsbook launched in August 2018
  • Currently operational in New York, Ohio, Massachusetts, Kentucky, and more
  • Planning to be operational in more states like North Carolina when legal
Banking highlights icon Banking
  • Minimum deposit: $5
  • No hidden fees on deposits or withdrawals
  • Apple Pay now accepted

DraftKings Sportsbook Review: What You Need to Know

Mitchell South

by Mitchell South

Updated May 23, 2024 · 2:36 PM PDT

The DraftKing sportsbook app is one of the best-known legal sportsbooks for American bettors. Along with their primary rival FanDuel, DraftKings was one of the first operators to provide legal online betting in the US.

Both brands made the jump into online sports betting from the world of daily fantasy sports. Today, DraftKings is one of the most recognizable brand names in sports. Sports bettors in newly launched states like Massachusetts, Kentucky, and North Carolina will see huge advertisement pushes from DraftKings as they compete for US sports betting market share.

As their recent marketing campaigns would suggest, ‘The Crown is Yours’ with DraftKings Sportsbook.

So, does the DraftKings app live up to the hype? Our review covers everything you need to know about DraftKings Sportsbook.

Overall, the DraftKings app provides an incredibly approachable sports betting experience. It’s very easy to navigate through, and it caters to new bettors by walking through the basics. Seasoned bettors have plenty to be happy about as well, with daily boosted odds offered on an incredible selection of different sports and betting markets.

Here’s everything you need to know to get started with the DraftKings sportsbook and betting app.

DraftKings Sportsbook App

MOBILE FIRST DESIGN
Download the user-friendly app for iOS & Android
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DraftKings knows most of its users are going to be accessing the sportsbook via an app. To accommodate, they have translated the relatively complex options of the desktop platform to be fully compatible with smaller screens and weaker connections.

DraftKings mobile app

Android and iOS users can download the DraftKings sportsbook app directly from the App Store or Google Play. Conveniently, there is only one app across all the markets DK operates in, so you don’t need separate sports betting apps to bet in New Jersey vs. Pennsylvania, for example.

In my opinion, the DraftKings Sportsbook app is easily one of the most user-friendly among its competition. I would recommend this app to first-time users simply based on how intuitive and deep the interface really is.

Sports betting options are clearly laid out in plain sight so you can easily navigate and find the NFL, NBA, NHL, and MLB without pulling your hair out. The app also includes a very convenient promos tab that I found myself going back to constantly to find new bonuses to use.

With unique features like same-game parlays with dynamic odds, daily DraftKings missions, and the valuable Dynasty rewards program, the DraftKings app is one of the best on the market. Sporting a 4.8-star user review score on the app store, bettors are clearly loving everything the DraftKings app has to offer.

The DraftKings app will come along with geolocation services that are needed to ensure you’re in a location where betting is legal. DraftKings age verification will also occur through the app during the signup process to ensure you’re of legal betting age.

While the DraftKings app is the most convenient way to wager, all these features are also available on desktop.

How to Download the DraftKings App for iPhone?

Downloading the DraftKings app for iPhone is simple, just follow these easy steps:

  1. Visit the App Store, or use our exclusive links
  2. Download the DraftKings app to your iOS device
  3. Complete the registration process to create your DraftKings Sportsbook account
  4. Start betting with the DraftKings app

The DraftKings Sportsbook download process is easy, and you’ll be betting with your iPhone in no time. Click our links on this page to get started.

How to Download the DraftKings App for Android?

Downloading the DraftKings app to an Android device is just as easy. Here’s how to do it:

  1. Head to the Google Play Store, or use the links here
  2. Download the DraftKings Android app
  3. Create your account
  4. Start wagering on your Android with the DraftKings app

Again, you can head straight to the app store, but using the links here is the quickest way to get started. The DraftKings betting app is fun and reliable, no matter what kind of mobile device you’re using.

DraftKings Sportsbook

HUGE VARIETY OF UNIQUE BETTING OPTIONS
Try Flash Bet for the fastest, most engaging live betting platform available
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When push comes to shove, even the best bonuses and promotions are useless if the sportsbook experience is lacking. But you can rest assured that you won’t be disappointed in the actual wagering available through the DK betting app and sportsbook.

The depth of options in terms of both events and wagering options is truly staggering. DraftKings has gone to great length to offer an engaging experience for new and seasoned bettors alike.

DraftKings odds are more or less in line with industry standards for legal sportsbooks regulated in the US. That said, experienced bettors accustomed to sportsbooks licensed elsewhere may find the vig – or bookmaker’s fee – to be higher than expected.

DK has a lot of innovative offerings you won’t find on other sports betting sites. Their cashout feature is the best in the business, and “Flash Bets” adds even more excitement to live wagering. We cover these and other features in detail below.

Even with all these extra offerings, the online sportsbook and DraftKings app are very user-friendly. Beginners benefit from simplified language (no industry lingo), and app users will find the experience fully optimized for smaller screens.

Let’s dive into the details.

What Sports Are Available at DraftKings?

You might expect a heavy focus on major North American sports considering DraftKings’ roots as a US-based operation, and the fact that both the NHL and MLB have an equity stake in the company. And while major professional leagues and college sports are certainly a focus at DK, the brand has made a point of offering bettors as many options as possible.

Expect to see an extensive number of international leagues on offer, along with more obscure sports like darts and snooker. It’s not an exaggeration to say that if there’s action to be had on an event, it’s available at DraftKings.

From futures to DraftKings live betting, here’s a selection of the sports offered:

  • Aussie Rules
  • Bandy
  • Basketball (NBA, NCAAB, Int’l)
  • Boxing
  • Cricket
  • Curling
  • Cycling
  • Darts
  • eSports
  • Football (NFL, NCAAF, CFL, XFL)
  • Golf
  • Greyhounds
  • Handball
  • Hockey (NHL, Int’l)
  • Lacrosse
  • MMA (UFC)
  • Motor Sports (NASCAR, F1)
  • Netball
  • Olympics
  • Rugby League
  • Rugby Union
  • Soccer (Multiple Int’l Leagues. Int’l Competition, World Cup)
  • Table Tennis
  • Tennis
  • Track & Field
  • Trotting
  • Snooker
  • Squash
  • Surfing
  • Winter Sports
  • Volleyball

And yes, DraftKings even offers Pesäpallo for any fans of this unusual Finnish take on baseball out there.

On Oct. 13, 2021, DraftKings announced themselves as an official sports betting, daily fantasy sports, and iGaming partner of the NHL in the United States. As part of the deal, DraftKings will have full access to NHL assets and logos.

Please note that not all sports will be available in all states and markets DK operates in. Crucially, bettors in New Jersey and New Hampshire cannot place wagers on any college events that take place within their respective states or that include a team representing a college or university from the state.

DraftKings doesn’t limit its sports betting offerings to just the NFL. They cover a wide spectrum of sports, from the most popular options to the ultra nice, allowing bettors to find value anywhere they want to look.

DraftKings NFL Betting

As discussed earlier, DraftKings NFL betting is a dynamic and comprehensive experience. It offers a multitude of bet types and markets, from traditional moneylines and point spreads to more exotic options like same-game parlays. The NFL season is a prime time for sports betting, and DraftKings ensures that football fans can get in on the action with competitive odds and a user-friendly platform.

DraftKings MLB Betting

Baseball enthusiasts can also find their betting haven at DraftKings. The MLB season offers a ton of games on a massive betting slate with many opportunities for wagering. At DraftKings, you can bet on games, player performances, and even futures like World Series champions. The platform offers unique features like same-game parlays with dynamic odds, daily missions, and dynasty rewards for all your MLB betting needs.

DraftKings NBA Betting

The NBA is known for its fast-paced action and high-scoring games, making it a favorite among sports bettors. DraftKings NBA betting offers a huge range of betting options, including point spreads, totals, player props, and live betting. Whether you’re cheering for the Los Angeles Lakers, Brooklyn Nets, Denver Nuggets, or any other team for that matter, DraftKings has you covered with competitive NBA odds.

DraftKings NHL Betting

Hockey fans don’t need to feel left out, as DraftKings also provides a comprehensive NHL betting experience. With options to bet on moneyline, puck lines, totals, and much more, you can immerse yourself with DraftKings if you know puck.

DraftKings Odds

DraftKings offers access to some of the most competitive and up-to-date odds on the sportsbook market. You can be confident you’re getting some of the best prices out there when you wager with DraftKings Sportsbook.

DraftKings App Store Screenshots

The NFL gets the most betting action every year, and DraftKings offers a wide array of favorable NFL odds. Users can find odds on various betting types, like moneyline, point spread, totals, futures, props, and more.

DraftKings extends its comprehensive odds coverage beyond the NFL, including other popular sports like MLB and NBA.

Whether you’re interested in betting on football, baseball, basketball, or any other eligible sporting events for that matter, DraftKings offers some of the best lines around.

DraftKings’ odds and lines provide a diverse and engaging betting experience for sports fans, saving you time on line shopping so you can get back to analyzing statistics, strategizing, and making informed wagers.

DraftKings NFL Odds

Finding the right sportsbook with competitive odds is paramount for NFL bettors looking to maximize their potential payouts. DraftKings NFL odds have emerged as a top contender in the legal sportsbook industry, offering a wide variety of lines that consistently stack up with established competitors like BetMGM and FanDuel.

DraftKings app NFL odds page screenshot

DraftKings offers a vast array of NFL betting lines, ensuring there’s something for every kind of bettor. Much like BetMGM and FanDuel, DraftKings provides a comprehensive menu of betting options, making it easy for players to find value in the bets that suit them best.

The NFL odds offered by DraftKings ensure that bettors can place their wagers on teams with fair and competitive point spreads. This means that whether you’re backing dominant favorites like the Kansas City Chiefs and Philadelphia Eagles, or consistent underdogs like the Houston Texans and Arizona Cardinals, DraftKings offers odds that are on par with the industry’s best.

Aside from your standard wagers like moneyline, and points spread, and totals betting, DraftKings NFL Odds also provides an array of other exciting betting markets to explore:

  • Winning Margin: Predict the margin by which a team will win or lose.
  • Over/Under Prop Markets: Bet on various game statistics like total points, total touchdowns, or total interceptions.
  • First/Last/Anytime Touchdown Scorers: Pick the players you think will score the first, last, or any touchdown in a game.

DraftKings NFL odds cater to both rookie bettors looking for simplicity, and seasoned bettors seeking more intricate wagers. It’s this diversity that sets DraftKings apart and make it a compelling choice for NFL bettors.

How to Build Prop Bets on the DraftKings App

Eager to place a prop bet on the DraftKings app? Just follow these straightforward steps on how to build prop bets on the DraftKings Sportsbook:

  1. How to Start: Sign up for an account and log in to the DraftKings app.
  2. Choosing a Sport: Navigate to the sports menu and choose the sport you’re eager to wager on.
  3. Selecting Your Game: Pick the specific event that you want to make a prop bet for.
  4. Investigate Betting Categories: Look for a list of different betting categories featured above the odds. This menu will present you with various options for prop bets, from player props to other eligible outcomes.
  5. Locate Available Props: Once you’ve selected the prop betting category, you’ll be presented with a list of available props. These props represent specific aspects of the game that you can bet on aside from the final outcome.
  6. Select a Prop Wager: From the list of available props, choose the specific prop wager that piques your interest. It could be related to a player’s performance, a team’s outcome, or any other unique aspect of the game.
  7. Calculate Your Bet: Enter the amount you’re willing to stake on the bet slip. Make sure to review your wager and consider your budget before placing the bet.
  8. Confirm the Wager: Once you’re satisfied with your selection and the amount you’re willing to wager, click the “Place Bet” button to submit your prop wager.

Remember, the layout and features of the DraftKings Sportsbook app may change over time, so these steps could be different depending on when you use the app. However, the general steps listed above will be simple and user-friendly regardless of changes.

DraftKings Player Props

Player props have become increasingly popular among sports bettors at DraftKings, offering a unique way to wager on individual player performances. DraftKings Sportsbook offers a wide range of player props that can take your sports betting experience to the next level.

Here are three different player prop examples and corresponding odds you might find at DraftKings:

LeBron James – Over/Under 7.5 Assists

  • Odds: Over 7.5 Assists (-104) | Under 7.5 Assists (-117)
  • LeBron’s playmaking skills make it likely he’ll exceed 7.5 assists. Consider betting the Over.

Christian McCaffrey – Total Rushing Yards

  • Odds: Over 85.5 Yards (-134) | Under 85.5 Yards (-110)
  • If CMC is facing a tough defense, he may have limited rushing opportunities. You might want to go with the Under for total rushing yards.

Kevin Durant – Total Points Scored

  • Odds: Over 29.5 Points (-108) | Under 29.5 Points (-116)
  • Durant’s scoring ability against a weaker defensive team would suggest he’ll surpass 29.5 points. Take the Over.

DraftKings player props add an extra layer of excitement to your sports betting experience, giving you the chance to hone in on particular player performances rather than just the outcome of the game.

DraftKings Team Props

In addition to individual player props, DraftKings also offers a huge array of team props that invite sports bettors to wager on various aspects of a team’s performance.

Here are three different team props examples you might see at DraftKings along with their potential odds:

Los Angeles Lakers – Total Points Scored

  • Odds: Over 110.5 Points (-112) | Under 110.5 Points (-125)
  • With a potent offense thanks to players like LeBron James and Anthony Davis, it’s likely the Lakers will exceed 110.5 points. Take a good look at the Over for this prop.

Green Bay Packers – Total Passing Yards

  • Odds: Over 275.5 Yards (-125) | Under 275.5 Yards (-140)
  • If the Packers are facing a vulnerable secondary, Green Bay’s passing game could thrive. Bet on the Over if you expect them to exceed 275.5 passing yards.

Los Angeles Dodgers – Total Runs Scored

  • Odds: Over 5.5 Runs (+165) | Under 5.5 Runs (-180)
  • Featuring a powerful lineup with favorable hitting conditions, the Dodgers could likely score more than 5.5 runs. Hammer the Over for this DraftKings team prop.

Team props from DraftKings provide an unbeatable way to bet on squad accomplishments. Analyze team strengths, opponent weaknesses, and recent trends to make informed decisions and win big.

DraftKings Progressive Parlays

The Progressive Parlays feature at DraftKings Sportsbook is a powerful tool that let’s you build your own parlays on player prop lines.

Progressive Parlays allow you to win big, even if you don’t hit on all your parlay selections. You can find this feature through the events page on the DraftKings App, or by navigating to the league you want to wager on.

DraftKings Progressive Parlays feature app screenshot

Then, select a stat you want to include like rush yards, pass yards, or receiving yards. Once you’ve done that, make between three and 12 legs on over/under lines.

As you select these legs of the Progressive Parlay, the Bet Builder will show you how many picks you need, how your odds change, and how many selections must hit for your wager to payout.

Note that you can’t use the same player more than once, and can’t have more than three selections from the same game. Also, bonus bets cannot be used on Progressive Parlay wagers with DraftKings Sportsbook.

SGPX DraftKings

One of the most unique highlights of DraftKings Sportsbook is their Same Game Parlay Extra (SGPX) feature. The SGPX functionality from DraftKings allows sports bettors to combing multiple single bets and same game parlays into one giant wager.

Here’s how to build a SGPX on DraftKings:

  1. Sign in to your DraftKings Sportsbook account.
  2. Determine the first event you’d like to add to your SGPx.
  3. Enable the Same Game Parlay option.
  4. Select your SGP for the event, but don’t place the bet until you’ve added more choices.
  5. Repeat this process for each bet or SGP you want to add to your SGP
  6. If you want to add another SGP to your SGPx, turn on the SGP toggle. If you only want to add a single leg from a game, add it from the non-SGP options.
  7. Click on the Bet Slip to review each bet you have added.
  8. In the Parlay section of your bet slip, enter the desired wager amount. The Parlay Odds will be displayed next to the SGPx [ ] Pick Parlay line on your bet slip.
  9. Click on Place Bet $ to finalize and place your SGPx bet.

Same Game Parlay Extra features from DraftKings Sportsbook take all the wagering action to a whole new level. DraftKings SGPx is just one more reason to love everything DraftKings has to offer.

What Type of Bets Can I Place?

DraftKings also offers excellent variety in terms of the types of wagers available. Expect to see all of the standard options available at online sportsbooks, with a deep range of alternate lines and secondary markets like halves, quarters, or periods.

At a minimum, you’ll encounter the following:

  • Moneylines
  • Point Spreads
  • Totals (Over/Under)
  • Championship Futures
  • Player Futures
  • Win Totals
  • Parlays & Round Robins
  • Teasers
  • Team Props, Player Props, Game Props

If you’re not sure what some of these terms mean, all the better. DraftKings uses simple language like “Who Will Win?” vs “Moneyline Odds” to make it crystal clear what you’re betting on.

This is just one of many considerations DK has made to help less experienced bettors learn the ropes quickly. DraftKings has an entire section of guides dedicated to helping newcomers learn to bet and understand the more complex elements of betting on sports.

You can’t create your own props or specials at DraftKings, but there are more than enough existing options to choose from. You’ll find both serious, stat-related propositions and more creative options that offer up extra entertainment value.

One unique offering is the ability to wager on Daily Fantasy Totals for key players. For those players who want to merge the worlds of DFS and sports betting, this hybrid option from DraftKings is a great way to go.

DraftKings also allows much smaller wagers than the majority of the competition. You can risk as little as ten cents on straight bets.

DraftKings Flash Bet: A New Kind of Live Betting

Live, in-game betting has exploded in popularity, with some bookmakers now suggesting it makes up most of their business.

And what’s not to love? Placing bets on events as they unfold in real time is simply more exciting than only doing so before the game begins. With Flash Bet, DK has taken the excitement a step further.

While most online sportsbooks now offer the option to bet on things like “next to score” or “result of current drive”, Flash Bet is the only true play-by-play live betting platform we’re aware of.

Originally developed for tennis but now offered for other sports, the platform allows you to follow the event in real time with embedded graphics while it serves up a flurry of propositions to quickly wager on the exact moment at hand.

Wagers are graded instantly, allowing bettors to have something of a rolling bankroll as they bet throughout an event. You can bet on every point in a tennis match, every snap in NFL games, and every pitch as you make Flash Bets for MLB games.

Ultimately, it’s just a much faster version of the live betting that so many bettors have come to love.

DraftKings also offers slower-paced “traditional” live betting in a separate section of the site.

DraftKings Betting Carousel

You could easily spend hours exploring all the wagering options at DraftKings. Anyone with a TV streaming service is probably familiar with the frustration of endless scrolling, but DraftKings has adopted a Netflix-like feature to help you out: the Betting Carousel.

DraftKings will use your previous wagering history to determine your preferences over time. From there, they use this information to serve up the lines you’re likely to be most interested in on a silver platter.

This is a small thing, sure. But the betting carousel is an important part of DraftKings’ overall effort to provide a more personalized entertainment experience while still offering value to bettors.

Just don’t call them the Netflix of online betting.

Cash Out Early

Like many other online sportsbooks, DraftKings will allow you to settle some wagers before the conclusion of the event or proposition.

Unlike many other online sportsbooks, DraftKings allows you to do so on a huge range of bet types and sports, including parlays.

Microbetting

DraftKings signed an agreement with Simplebet to provide microbetting options on the DraftKings Sportsbook.

This feature allows sports bettors to wager on individual moments (i.e. the outcome of an individual at-bat or pitch) in NFL, MLB, NBA, and college football games.

DraftKings Pools

Wondering how do DraftKings Pools work? These contests will have you competing against other bettors in a pool, adding to all the excitement no matter what you’re wagering on.

DraftKings Pools are a fixed price point competition where you wager against bettors in the same competition. Focused on one event, each winner’s prize depends on the number of contestants and the number of winners. This offers a unique experience and heightens the spirit of competition.

As you can see, the features highlighted here are numerous, and each feature acts as a powerful betting tool. DraftKings stock continues to climb as this household name in sports betting continues to add more features to their sportsbook.

Where Is DraftKings Legal?

ONLINE & RETAIL SPORTSBOOKS EVERYWHERE
DraftKings is entering all legal markets, both online and with retail sportsbooks
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DraftKings is committed to expanding to all available markets as more states legalize sports betting across the United States.

The online and mobile platforms are available wherever possible, but DraftKings also operates retail sportsbooks in states that do not allow online sports betting.

Here are the states where you can find the DraftKings sportsbook:

DraftKings Sportsbook States

State Online Betting? Retail Sportsbook? Retail Location(s)
Arizona Sports Betting Apps Yes Yes TPC Scottsdale
Colorado Sports Betting Apps Yes Yes Golden Mardi Gras Casino
Connecticut Sports Betting Apps Yes Yes Foxwoods Resort Casino
Illinois Sports Betting Apps Yes Yes Casino Queen
Indiana Sports Betting Apps Yes No N/A
Iowa Sports Betting Apps Yes Yes All Wild Rose Casinos
Kansas Sports Betting Apps Yes Yes Boot Hill Casino and Resort
Kentucky Sports Betting Apps Yes Yes Mint Gaming Hall at Cumberland and Cumberland Run
Louisiana Sports Betting Apps Yes Yes The Golden Nugget Lake Charles
Maryland Sports Betting Apps Yes Yes TBD
Massachusetts Sports Betting Apps Yes Yes TBD
Michigan Sports Betting Apps Yes No N/A
Mississippi Sports Betting Apps No Yes Scarlet Pearl Casino
New Jersey Sports Betting Apps Yes Yes Resorts Casino
New York Sports Betting Apps Yes Yes Del Lago Resort
New Hampshire Sports Betting Apps Yes No N/A
North Carolina Sports Betting Apps Yes No N/A
Ohio Sports Betting Apps Yes Yes Hollywood Casino Toledo
Pennsylvania Sports Betting Apps Yes Yes The Meadows Casino
Tennessee Sports Betting Apps Yes No N/A
Vermont Sports Betting Apps Yes No N/A
Virginia Sports Betting Apps Yes No N/A
West Virginia Sports Betting Apps Yes No N/A
Wyoming Sports Betting Apps Yes No N/A

DraftKings has already obtained licenses to operate in additional states. See where DraftKings is legal and upcoming states near you.

DraftKings Sportsbook NY officially launched in New York on January 8, 2022. Prior to that, the DraftKings Sportsbook officially went online in Arizona. They have some of the best sign-up offers ready for new users in Arizona, and bettors will can now visit their “19th hole” retail location at TPC Scottsdale. DraftKings Louisiana officially launched around that same  time on January 28, 2022.

More recently, DraftKings Maryland began offering online sports betting on November 23, 2022. DraftKings Massachusetts launched their online sports betting app and site on March 10, 2023. Next up on the docket was DraftKings Kentucky, which went online Sept. 28, 2023.

With North Carolina sports betting apps live as of March, 11, 2024, DraftKings North Carolina was also part of that launch and now accessible for bettors in the Tar Heel State.

DraftKings Sportsbook Provinces

With single-game sports betting legalized and launching across the Great White North, DraftKings Canada is one of the first betting sites available to bettors north of the border.

DRAFTKINGS
ONTARIO
Play at DraftKings & Combine Your Same Game Parlays!
Must Be 19+ Years of Age to Register

BET NOW
NEW ONTARIO USERS
SIGN UP NOW

BET NOW

Provinces like Alberta and British Columbia are expected to launch at some point in the near future. Stay tuned for more details on DraftKings Canada.

DraftKings Payment Methods

TONS OF DEPOSIT & WITHDRAWAL OPTIONS
Choose from convenient methods like credit card, PayPal, or ACH transfer
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Making deposits and withdrawals at DraftKings is a breeze. Pain-free banking transactions are one of the primary advantages of betting with a fully regulated legal sportsbook, and the DraftKings website and app gives you lots of different options to choose from.

DraftKings charges no additional fees for deposits or withdrawals, no matter which payment method you prefer to use.

Once you’ve registered your account, you’ll be able to choose from a handful of instant DraftKings deposit methods to get rolling right away.

If you already have an existing DraftKings account for daily fantasy (DFS), you can use contest winnings to place sports bets, but you can’t simply transfer funds that haven’t already been played-through on the DFS side of the site.

Withdrawal options are slightly more limited due to state regulations, but there’s still a good number of secure and instantaneous options to choose from.

DraftKings Deposit Methods

You can make a deposit into your DraftKings account via the online sportsbook, app, or in-person at select casinos in states where DK operates.

Compared to the competition, the number of deposit methods at DK sportsbook is pretty much on par. There are plenty of familiar options to choose from:

Credit Cards: DraftKings accepts Visa, Discover, American Express, and Mastercard.

Debit Cards:  You can also use a debit card affiliated with Visa, Mastercard, AMEX, or Discover.

Online Banking (ACH): ACH e-Checks allow you to quickly transfer funds directly from your checking account.

Wire Transfer: Traditional wire transfer/money orders are also accepted at DraftKings.

PayPal: Bettors can use a pre-funded PayPal account to deposit at DraftKings. As the world’s most popular eWallet, PayPal at DraftKings provides bettors a quick and secure payment method that does not require them to reveal credit card or personal banking info.

Venmo: You can link your Venmo account to your DraftKings account. Note, however, that Venmo is not available in all jurisdictions.

Gift Cards: You can use regular electronic gift cards backed by card issuers like Visa, Mastercard, American Express, or Discover. You can also use exclusive DraftKings gift cards.

Cash: Cash deposits are accepted in-person at DraftKings casino partners.

Play Plus Card: DraftKings also accepts Play+ Card as payment method. You can load up this prepaid card with a bank card or through your checking account.

DraftKings Minimum Deposit

The minimum deposit at DraftKings is $5, regardless of payment method. New DraftKings account holders generally start with a maximum deposit of $2,000—this can be increased down the road by contacting customer service.

While the minimum deposit requirement is $5, the DraftKings minimum bet is $0.10 on any market. While it might seem inconsequential to place a 10-cent wager, this could give you some added flexibility if you want to build a longshot parlay for example.

Deposit Method Processing Time Minimum Deposit
Credit Card Instant $5
Debit Card Instant $5
Online Banking (ACH) Instant $5
PayPal Instant $5
Wire Transfer 1–5 business days $5
Venmo Instant $5
Electronic Gift Gard Instant $5
DraftKings Gift Card Instant $5
Cash Instant $5

As you can see, there are a number of different deposit methods available with DraftKings Sportsbook. Credit card and debit card options are fast and efficient ways to fill up your DraftKings account. PayPal is another great option as you can bypass any bank account hassle by preloading your PayPal account with real money and using it top up your DraftKings account.

The deposit process is also quite similar whether you’re using their sportsbook or playing online casino games through the app. That means the same money you use to make prop bets on the Super Bowl can be used on a live dealer blackjack game, for example.

DraftKings Withdrawal Methods

Withdrawal options at DraftKings, like many other legal sports betting apps and sites such as BetMGM or FanDuel, are limited. Regulations have a lot to do with this. Many of the withdrawal methods available in other markets are not allowed in the regulated US market.

Processing times are also on the longer end, with no DraftKings instant withdrawal options available right now. However, the average DraftKings payout speed is among the  fastest.

Withdrawal Method Processing Time Minimum Withdrawal
Online Banking (ACH) Up to 5 business days $1
PayPal Up to 2 business days $1
Cash at Cage 1 hour None
Debit Card 1 business day $1
VIP Preferred (e-check) Up to 3 business days $1
Venmo Up to 2 business days $1
Play+ Prepaid Card Up to 4 business days None
Check (Under $100) Up to 7 business days $15
Check (Between $100.1 & $1,999) Up to 5 business days $15
Check (Over $2,000) Up to 5 business days $15
Bank Wire Up to 2 business days $20,000

Compared to a lot of other legal sportsbooks on the US market, DraftKings offers a strong amount different withdrawal options. While most options do take a little time to process a withdrawal, you can choose from many common methods such as debit card, online banking, and PayPal.

If you want to speed up the processing time, getting cash at the cage of a DraftKings licensed retail location is only about an hour. That said, this is only really a good option if you have a DraftKings retail location near where you live.

Regardless of speed, you can rest assured knowing that DraftKings payment methods are verified, safe, and secure. You won’t have to worry about any legal gray areas and DraftKings also has great customer support to help with any issues you may encounter.

DraftKings Bonuses

EXCELLENT SIGN UP OFFER & DAILY BOOSTED ODDS
Capitalize on generous bonuses for new and returning customers alike
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NOTE: DraftKings is currently offering a No Sweat Bet up to $1,500 as their primary signup offer until 6/23/2024.

DraftKings has lots to offer in terms of valuable bonuses. With a Bet $5, Get $150 in Bonus Bets offer and several creative ongoing promos to keep you coming back for more, the promotions are easily one of the best things about this sportsbook and betting app.

DraftKings Promo: Bet $5, Get $150 in Bonus Bets

DraftKings Sportsbook has a perfect sign-up promo for anyone who wants to start wagering on any action in the coming weeks.

Register with DraftKings using and make your first deposit. Then, place a $5+ wager. You’ll receive $150 in bonus bets, win or lose.

DRAFTKINGS SPORTSBOOK


Get a No Sweat Bet Up To $1,500 + a No Sweat NBA SGP Every Day!

LOCK IN PROMO
SIGNUP OFFER
NO SWEAT BET
UP TO $1,500

+ A NO SWEAT NBA SGP

SIGN UP NOW

Bonus offer availability varies by location and changes frequently. Please consult each sportsbook directly to confirm the availability of the bonus offers featured on this page.

DraftKings Sign Up Offer & Deposit Bonus

Taken at face value, DraftKings has the most enticing welcome bonus for new players of any regulated legal sportsbook. New players are eligible to receive $1,050 in bonus bets right off the bat.

Let’s run through everything you need to do to make the most of this offer and understand the restrictions.

DraftKings Deposit Match

NOTE: This offer is currently not available in KS, NJ, MA, OH, TN, and VA. 

The DraftKings sign up offer is a straightforward deposit match. DraftKings will match 20% of your initial deposit up to $1,000.

So, if you’re able to deposit $5,000 when you open your new account, DK will deposit an additional $1,000. This is adjusted for any amount you deposit – if you make an initial deposit of $100, you’ll be credited $20.

To withdraw funds acquired via the 20% deposit match, you’ll need to place several bets. This is called a “rollover” or “play-through” requirement. For each $25 you risk in the DK sportsbook, $1 of the deposit match bonus money will be released into your account for withdrawal. This means you’ll need to wager $25,000 to receive the max bonus amount of $1,000 (25x rollover).

We understand that this is a significant restriction, but high rollover requirements are common in the world of online sports betting. If you plan on betting with DraftKings long-term, you should be able to take full advantage of the offer.

Exclusive Extra Offer: $50 In Bonus Bets

In addition to the $1,000 deposit match offer, new users who create a DraftKings account using the links on this page are eligible for an exclusive $50 in bonus bets at first deposit.

Again, this is an additional offer for new users – and you must use our exclusive link links to redeem it. 

It will not affect your $1,000 deposit match bonus, and provide an extra $50 in betting funds as soon as you make an initial deposit. Even rivaling Caesars Sportsbook promo code, which is offering a first-bet insurance promo right now.

Ongoing DraftKings Promos & Bonus Offers

DraftKings app daily boosted odds bonuses screenshot

Daily Boosted Odds

Boosted odds offer a better payout on select events. For example, you might see a boosted line shift from +1500 to +1620, or go from +445 to +485.

DraftKings boosts odds on a variety of straight bets and props, but they tend to be limited to selections at longer odds.

You can easily see which events have boosted daily odds by selecting “ODDS BOOSTS” in the navigation menu.

Profit Boost

DraftKings Profit Boost Tokens have the same effect as enhanced odds – if your bet is a winner, you’ll get a bigger payout than the initial odds suggest. The difference is that you choose which bets you want to use these boosts on, within the specified conditions of each token.

The terms are usually something like “30% boost on any NFL selection”. You’ll gain Profit Boost Tokens the more you wager or complete DraftKings Missions.

DraftKings Missions and My Rewards

If you click the “REWARDS” tab, you can see all of the promotions currently available to you at the DK sportsbook. The My Regards program is based around the completion of specific “Missions” asking you to take a side on select wagers or propositions.

You’ll earn odds boosts, enhanced payouts, and more for each mission completed.

Parlay Insurance

DraftKings offers parlay insurance worth up to $25 on multibets that contain five legs or more from select leagues and events.

If just one selection in your five-leg parlay fails, you will be refunded the amount you risked as a bonus bet, up to $25. Best of all, you can take advantage of this offer up to four times per day!

Sport and Market-Specific Offers

DraftKings updates their promotions on a weekly and monthly basis. These seasonal offers vary in format, but they often include bonus bet credits and focus on teams that are popular in local markets.

We recommend checking the “Rewards” tab every time you log into the DK sportsbook to make sure you don’t miss any enticing new offers.

DraftKings Referral Bonus

DraftKings is one of the only legal sportsbooks to offer a referral bonus to existing customers. The offer is straightforward.

If you refer a friend who registers a new account and makes a deposit, you’ll be awarded up to $100 in bonus bet credits.

Make sure they use your personal referral code upon registration and both of you will be credited a bonus bet equal in value to their first deposit (up to $100).

DraftKings VIP Program

DraftKings offers an invite-only VIP program to reward their biggest customers with the “royal treatment.”

While the rewards offered through the program aren’t advertised to the public, VIPs can expect exclusive access to private DraftKings events at major sporting events, along with other travel experiences.

To inquire about joining the DK VIP program, bettors simply need to email dkvip@draftkings.com.

Of course, we’d recommend placing some hefty wagers first.

All About the Bonuses

While the terms can sometimes be a bit confusing, DraftKings promo codes offer a ton of promotions and bonus offers for a legal online sportsbook. They’ve also done a good job of presenting a range of different promotions to cater to every kind of bettor.

f you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN). 21+. NJ/PA/WV/IN/IA/CO/IL/TN/MI/VA only. Min. $5 deposit required. Deposit bonus requires 25x play-thru. Deposit bonus issued as site credits. Eligibility restrictions apply. See draftkings.com/sportsbook for details.

How to Sign Up at DraftKings Sportsbook

REGISTER ONLINE OR WITH THE APP
Be prepared to upload a copy of your ID
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Signing up for a new account at DraftKings is extremely simple. No matter where you’re registering from, getting started with DraftKings sportsbook is a straightforward process.

If you have the following info ready to go, you’ll be up and running in no more than ten minutes:

  • Full name
  • Date of birth
  • Address
  • Last four digits of Social Security Number

DraftKings app sign up process screenshot

To summarize, here’s a step-by-step process of how to create an account at DraftKings Sportsbook:

  1. Use our exclusive links to download the DraftKings app and begin the registration process
  2. Enter the required personal information
  3. Agree to the DraftKings terms and conditions
  4. Click ‘Create Account’
  5. Verify your identity with last four digits of your SSN or a picture of your driver’s license

The DraftKings customer support team is extremely helpful, and you can contact them directly if you encounter any issues  while signing up at DraftKings Sportsbook.

On average, DraftKings account verification time takes up to a maximum of 48 hours to complete.

Bettors in Iowa will need to verify their account in-person after providing the basic info above. You can do so art the following locations:

Wild Rose Clinton

777 Wild Rose Drive
Clinton, IA 52732

Wild Rose Emmetsburg

777 Main Street
Emmetsburg, IA 50536

Wild Rose Jefferson

777 Wild Rose Drive
Jefferson, IA 50129

You do not need to have an existing DraftKings online account to wager at DraftKings retail sportsbook locations.

Restrictions

You must be at least 21 years old to open a DK sportsbook account. Users in New Hampshire can use the platform if they are at least 18 years old. DraftKings age verification will take place no matter where you’re betting from.

You must be physically located in a state that allows online sports betting and in which DraftKings holds a license to operate. You do not need to be a resident of one of these states – you simply need to be physically present within their boundaries. See below for the full list of states in which DraftKings currently operates.

If betting from a computer, you’ll need to download and enable Geo-Comply software to confirm you are within state lines. This functionality is already built into the mobile app. Expect to have your location pinged every time you log in, fund your account, place a wager with the DraftKings app or online sportsbook.

Customer Service

24/7 CUSTOMER SUPPORT AVAILABLE
Live chat is the fastest way to get in touch
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DraftKings has created an extremely helpful and extensive set of resources to address any confusion you might have.

Click “Help” to browse support articles covering everything from betting and sports terminology to result settlement and sport specific betting limits. The FAQ section covers key topics like banking and geolocation software.

If you’d like to speak with DraftKings directly, they have staffed customer support available 24/7. Live chat is the fastest way to get in touch, but you can also submit a web form for less timely issues.

With features like 24/7 Live Chat, callback support for complex issues for Sportsbook and Casino only, support through email (Sportsbook@DraftKings.com) and customer support on Twitter @DK_Assist whenever you need  it, the DraftKings customer support team is there to help.

The Bottom Line

DraftKings has made lots of noise as they transition from a dedicated DFS site, such as competitors like Underdog Fantasy and Jock MKT, to a full-on sports entertainment powerhouse. Overall, the DK sportsbook deserves the hype, with multiple generous bonus offers, a massive range of different wagering options, and an easy-to-use betting app and online sportsbook.

Experienced bettors will love the boosted odds and more obscure events to bet on, while new bettors will be sure to appreciate the simplified language and step-by-step guidance as they learn the ropes.

At the end of the day, the DFS powerhouse has put together an incredibly diverse sports betting product with a smorgasbord of unique features you will not find elsewhere in the legal US market.

DraftKings Review FAQ

Still have questions about our DraftKings Sportsbook review? Let’s see if we can point you in the right direction.

Where is DraftKings Sportsbook legal?

As of September 2023, DraftKings is legal in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Massachusetts, Maryland, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virgnia, and Wyoming. DraftKings is now also available in Kentucky with online sports betting launching in the Bluegrass State

Does DraftKings have a sportsbook app?

Yes, DraftKings has a dedicated sportsbook app that can be downloaded using the links on this page.

How do you transfer money from DraftKings fantasy to sportsbook?

If you already have a DraftKings daily fantasy sports (DFS) account, you can use contest winnings to place sports bets.

How do you withdraw money from DraftKings Sportsbook?

You can withdraw money from DraftKings Sportsbook using a variety of methods including credit card, debit card, online banking, PayPal, Venmo, cash, gift card, and wire transfer.

What is the minimum deposit for DraftKings?

The minimum deposit for DraftKings is $5.

How long does a DraftKings withdrawal take?

It depends on your withdrawal method. Anywhere from one hour to roughly seven business days.

How do I contact DraftKings Sportsbook?

You can contact DraftKings Sportsbooks for any inquiries via live chat on their website. That is generally the easiest way to get in touch.

How do you cancel a withdrawal on DraftKings Sportsbook?

You may be able to cancel a withdrawal on DraftKings Sportsbook if you log into your account and check to see if your withdrawal is eligible to be cancelled. A banner will automatically appear if that is the case.

What is a SGPX on DraftKings?

The SGPX (Same Game Parlay Extra) on DraftKings is a feature that lets you combine multiple single bets and same game parlays into one larger wager.

What is the difference between DraftKings SGP vs SGPX?

The difference between DraftKings SGP and SGPX is a SGP, short for Same Game Parlay, is a combination of multiple selections made within a single game. On the other hand, an SGPx refers to a combination of individual bets and Same Game Parlays, providing even more betting options and possibilities.

What are DraftKings MLB rainout rules for betting?

Any bets made through DraftKings on rainout games will remain active as long as the game is restarted within 36 hours. If the suspended game is rescheduled for more than 36 hours in advance, all bets will be voided.

Can you edit a bet on DraftKings?

The only way you can edit a bet on DraftKings is before finalizing the wager on your bet slip. Once the bet has been placed, the only edit you can make is accepting an early cash out.

Can I live steam sports on DraftKings?

Yes, DraftKings recently announced that they will offer live-streamed sports games on the mobile app thanks to an expanded partnership with Sportradar. Depending on state regulations, bettors who are active on the DraftKings app with more than $0.00 in their account will be eligible to live stream games on their mobile device.

Are DraftKings winnings taxed?

Yes, any bettors who win money at DraftKings are subject to tax laws. This applies to every legit sportsbook where customers can win real money.

What is the average payout speed at DraftKings?

The average payout speed at DraftKings is 2-4 business days. This can differ depending on the withdrawal method you’ve selected. Payout speeds at DraftKings can be faster than this average timeline.

Does DraftKings have a casino app?

Yes, DraftKings has a casino app. The DraftKings casino app is available in Pennsylvania, New Jersey, West Virginia, Michigan, and Connecticut.

Is DraftKings mobile app available on iPhone and Android?

Yes, the DraftKings mobile app is available on iPhone and Android. The DraftKings app has a 4.8 star rating on iPhone and a 4.6 star rating on Android.

Is live betting available on DraftKings Sportsbook?

Yes, live betting is available on DraftKings Sportsbook. DraftKings has some of the best live betting features on the market.

Can you cancel a bet on DraftKings Sportsbook?

No, you can't cancel a bet on DraftKings once it's been placed, including wagers made with bonus bets. Your only possible option is to cash out early if that choice is offered to you.

How do I change my phone number on DraftKings?

You can change your phone number on DraftKings by tapping the profile icon, selectting Login & Security, Edit Number, and then entering the new phone number.

How to remove a card from DraftKings Sportsbook

You can remove a payment method card like debit or credit through the Deposit icon on your account. You'll see a list of saved payment methods, where you can remove the card from your DraftKings account.

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