DraftKings has been a fan-favorite with sports enthusiasts since launching as a Daily Fantasy Sports (DFS) provider in 2012. Since then, it has grown into one of the largest gambling operators in the US, allowing players to bet on sports and access a range of other gambling and fantasy sports verticals from a single, savvy platform. If you are a sports bettor, you must consider DraftKings Sportsbook, one of the country’s largest, most trusted betting operators. Read our betting expert guide to find what rewards you can get for signing up and how DraftKings compares to other US betting platforms. 

Popularity

9.9

DraftKings is one of the most used sportsbooks in the US and is the most widely available sportsbook, licensed by dozens of states. DraftKings supports several other gambling verticals, meaning it also gets plenty of visitors from fans interested in different kinds of gambling.

Brand Perception

9.5

DraftKings is everywhere, thanks to its partnerships with the NBA, NFL, and MLB. The sportsbook is also an official betting partner of top teams like the Boston Red Sox, New England Patriots, New York Giants, and Pittsburgh Steelers, which contributes to plenty of people regularly signing up with the sportsbook.

User Experience

8.5

The user experience at DraftKings is super positive. The fast-loading platform makes finding odds easy whether you play on a desktop or mobile. While some features, like customer support, hold the sportsbook back, DraftKings excels in other areas, like payments and account verification.

Pros & Cons

Pros

Competitive odds

Official betting partner of the NFL, NBA, and MLB

Integrated with all DK gambling verticals

Dynasty Rewards

DraftKings Social

Cons

Mobile-only live streaming

Confusing customer support

Key Facts

Year Established2012
Available in StatesAZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY
Number of Sports25+
Bets AvailableMoneylines, point spreads, totals, player props, team props, parlays, same-game parlays, futures
Banking OptionsVisa, Mastercard, PayPal, Online Banking, VIP Preferred, Play+, Venmo, Trustly, Apple Pay, Bank Wire, PayNearMe, checks by mail, casino cage cashier
Redemption Time1-5 days
3-14 days (mail)
Support OptionsLive chat, email, X (formerly Twitter), callback, mail

First Impression

8.1

When you load the DraftKings app, or enter the betting site through your desktop or mobile device, the sportsbook greets you with a list of all its promotions on a rotating menu, letting you see what benefits you can claim with your account. The overall look of the sportsbook is clean and elegant, with most areas of the site easy to find. 

Having the same competitions listed under the “Popular” tab, “A-Z Sports” tab, and a tab across the middle of the screen can be slightly confusing. However, DraftKings is easy to navigate and pretty welcoming to new customers overall, especially with its “How To Bet” tab, which provides helpful resources for new bettors.

Welcome Bonus

9.0

When you follow the links on this page and sign up with DraftKings Sportsbook, you’ll receive a generous Bet $5, Get $200 In Bonus Bets Instantly! reward to thank you for choosing DraftKings.

 You have seven days from receiving these bonus to use it; otherwise, the sportsbook removes the rewards. While you can’t keep the value of your bonus bets, any profits you make from these wagers are yours to keep.

If you want to claim the DraftKings welcome bonus, here’s a handy guide:

  1. Visit DraftKings Sportsbook and complete the registration process.
  2. Make a minimum deposit of $5.
  3. Place a $5 wager on a qualifying bet.
  4. Once your bet settles, you’ll receive $150 in bonus bets.
💰 Welcome BonusBet $5, Get $200 In Bonus Bets Instantly!
🤑 Promo CodeN/A
🎁 Playthrough requirements to get bonusN/A
💵 Minimum Amount For Bonus$5
Who Can ClaimNew players

Other Promotions

7.9

Once you’ve signed up with DraftKings and claimed your welcome bonus, the sportsbook keeps the rewards coming. There is the ongoing refer-a-friend promotion, where if your friend signs up and makes a deposit over $25, you’ll get a deposit match of their deposit up to $100.

Additionally, DraftKings provides plenty of odds boosts throughout the season, either picking specific markets to increase the prices on or allowing players to boost their payouts on particular bet types on specific sports. These odds boosts often apply to parlay bets and increase your winnings by up to 33%.

VIP/Loyalty Program

8.2

Along with its welcome bonus and existing player promos, anyone who signs up with DraftKings joins the Dynasty Rewards program for free. If you place bets with DraftKings, you’ll earn Crowns, which you can redeem in the Dynasty Store for prizes like bonus bets or real-life experiences.

You can earn Tier Points by placing bets, which will help you progress through the five levels, from Bronze to Onyx. Tier rewards include choosing a Crown boost day monthly, priority customer support, and rollover tier credits.

Bet Types

9.1

DraftKings supplies hundreds of betting lines for its most popular events alongside a good selection of options for niche sports. Below, we’ve outlined some bet types you’ll see when you sign up with DraftKings Sportsbook. 

Moneylines

A moneyline is the most basic type of sports bet you can place, where you’ll simply predict the winner of an event. If a game ends in a tie, you’ll get your stake back as a push.

Point Spreads

When betting on the point spread, you have to predict the winner of an event while considering the imaginary point deficits and advantages the sportsbook has applied. The favorite will have to overcome this point deficit for your bet to win, while the underdog can lose within a certain number of points.

Totals

Rather than betting on which team wins, DraftKings Sportsbook will set a total for points scored during the event, and you have to predict whether the final amount will be over or under this amount. 

Team Props

A team prop wager disregards which team wins or loses, instead focusing on predicting a team to achieve a certain statistic. For example, you can bet on an MLB team scoring over a certain amount in its first innings.  

Player Props

With a player prop, you’re betting on a particular player to achieve a statistic. For example, this could be betting on an NFL player scoring a touchdown or an NBA player registering above a certain number of steals. 

Parlays

You can combine multiple bets from different events into one wager with a parlay. When betting on a parlay, every part of your prediction must be right for your bet to succeed. However, parlays have much more generous odds because there is more risk than just betting on the individual markets. 

Same-Game Parlays

If you want to combine multiple bets from the same game into a wager, you can use a same-game parlay. DraftKings provides same-game parlays for various sporting events, including games from the major leagues and top soccer competitions.

Futures

DraftKings Sportsbook will let you wager on the outcome of significant events in the far future with future bets. You’ll find betting lines for championship or awards winners, often as far as a year in advance. The earlier you place your wagers on these bets, the greater the odds.

User Experience

8.4

With its sleek black, white, gray, and green design, DraftKings boasts a modern and visually appealing platform that looks good across all devices. Sometimes, there can be too many menus, with two or three tabs leading to the same event on the same page, but the range of options means you can always find the events you want. Once you’ve clicked into a sport, finding a specific competition and event is a breeze, so most bettors can place any wager within minutes. 

No matter how you want to play, DraftKings has you covered. It offers betting through a dedicated mobile app and a browser site that functions on desktop and mobile. The website and the app are very similar in navigation options and look, with the most significant differences being that some menus are minimized into expandable tabs to ensure easy navigation.

Customer Support

6.9

There are several ways to get help if you encounter problems at DraftKings, and most of these support options function 24/7. You can use live chat, email, or X (formerly Twitter) to get instant answers. Alternatively, you can request a callback from a DraftKings support representative.

We found it challenging to find on-site contact methods, even when following the DraftKings FAQ tutorial. However, once we contacted support staff, we found the advice helpful and delivered quickly. Still, the DraftKings FAQs were pretty confusing, with broken links and unhelpful organization.

Here's a summary of the available customer support channels:

ChannelDetails
Live ChatAvailable 24/7
Emailsupport@draftkings.com
Request a CallbackOn-site
X (Twitter)@DK_Assist

Brand Registration

When you sign up with DraftKings, you can access all its gambling verticals with one wallet. Despite this, getting started is pretty straightforward. Follow our guide below to register.

1
Visit the Website

Follow the links on this page to visit DraftKings Sportsbook.

2
Use “Sign Up” button to start registering

Allow the platform to access your geolocation services, and use the “Sign Up” button to start registering.

3
Enter Email & Password

Provide your email, and create a username and password for your account.

4
Start Playing

Make your first deposit and start betting!

5
Enter Phone number for confirmation

Enter your phone number and choose whether to receive a confirmation text.

6
Enter personal information

DraftKings will ask for your name, date of birth, the last four digits of your Social Security Number, and address.

7
Upload copy of your ID

You may be required to upload a copy of your photo ID and other identification documents if DraftKings can’t prove your identity from your information.

8
Agree DJ’s terms

Agree to DK’s terms and conditions to complete your sign-up.

Banking

9.0

There’s a wide range of payment options available at DraftKings, with the betting operator welcoming bank cards, e-wallets like PayPal and Venmo, and mobile-exclusive options like Apple Pay. All payment methods have a low minimum deposit amount of $5 and don’t charge any fees for instant deposits.

Most deposit methods are also available for withdrawals, excluding PayNearMe. Casino cage cashier withdrawal requests are the fastest, with most processed within an hour. With most other payment options, a withdrawal will take a few days. The only exception is checks in the mail, which are not available for deposits. Withdrawing with this option can take up to 14 days, depending on your mail service.

Here's a detailed table of the Deposit and Withdrawal options:

Banking MethodFeeProcessing TimeMinumum Deposit
VisaFreeInstant$5
MasterCardFreeInstant$5
PayPalFreeInstant$5
VenmoFreeInstant$5
Play+FreeInstant$5
Apple PayFreeInstant$5
Online BankingFreeInstant$5
VIP PreferredFreeInstant$5
Casino Cage Cashier (AZ, CO, NJ, NH, IL, IA, WA)FreeInstant$5
PayNearMeFreeInstant$5

Safety & Fairness

9.5

While you must trust DraftKings with a lot of your personal and financial information, you can rest easy knowing your details are safe thanks to DraftKings’ end-to-end encryption and secure firewalls. All transactions are protected with the latest SSL encryption, and the sportsbook has tight privacy policies, so it doesn’t share your personal data without your consent.

Legal Status and Info

DraftKings started in Boston, Massachusetts, in 2012 as a DFS platform operated by three people. Since then, it has grown into a publicly traded company on the New York Stock Exchange and one of the biggest sports betting providers in the US. It was the first online sportsbook to launch outside of Nevada in the US when it went live in 2018 in New Jersey.

 

DraftKings is licensed to operate in more US states than any other betting platform, receiving regulatory approval from the following jurisdictions:

 

  • Arizona
  • Colorado
  • Connecticut
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Massachusetts
  • Michigan
  • New Hampshire
  • New Jersey
  • New York
  • North Carolina
  • Ohio
  • Oregon
  • Pennsylvania
  • Tennessee
  • Vermont
  • Virginia
  • Washington D.C.
  • West Virginia
  • Wyoming

Summary

When you sign up with DraftKings, you get access to a wide range of betting markets with competitive odds supported by free access statistics. Along with coverage of popular sports backed by NFL, NBA, and MLB partnerships, there are betting lines for niche sports you won’t find in many places like rodeo.

Customer support can be confusing to navigate, especially for the first time, and it’s frustrating that you can only watch live streams through the mobile betting app. However, the range of existing player promos and the Dynatsy Rewards program will ensure many players can overlook the flaws. On top of its sports betting, a DraftKings account also gives you access to DFS, horse racing betting, online casino games, Reignmakers, and more gambling verticals with a shared account and wallet.

Player Tips

We recommend playing through the native sportsbook app if you’re interested in betting with DraftKings. The app is the only way to access the betting operator’s live streams and integrates better with other features like DraftKings Social. 

However, if you want to access all of DraftKings gambling verticals simultaneously, including its horse racing betting, DFS, and Reignmakers feature, we encourage you to play through the desktop site. DK provides different apps for each type of gambling vertical, so even though you still share one account and wallet, switching between verticals is more challenging.

FAQs

We receive a large number of questions regarding the casinos we review, and BetMGM is no exception to this. Below are the most commonly asked questions related to BetMGM’s services:

Is DraftKings safe?

DraftKings is a safe sports betting platform as long as you use it in a state where it is licensed to operate. The site uses geolocation to confirm you are playing where it’s legal, alongside security measures like tight privacy policies and SSL encryption to keep you safe.

Is DraftKings legit?

Yes, DraftKings is a legitimate platform owned by a company traded on the New York Stock Exchange. The sportsbook is available in more US states than any other sports betting operator, showing state regulators trust it.

In which states does DraftKings operate?

DraftKings operates in more US states than any other sportsbook, available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming. It also operates in Washington D.C. 

How can I make a deposit with DraftKings?

When you visit the “Deposit” tab at DraftKings, you’ll find all the payment methods you can use to deposit with the sportsbook. The platform will give you instructions on what details you need to provide to add the payment option to your account and make your first deposit.

How long does it take to withdraw winnings at DraftKings?

How long your withdrawal at DraftKings takes depends on your chosen payment method. With most options, transactions take one to four days, with debit cards, Trustly, and Apple Pay often providing the fastest withdrawals.

What bet types does DraftKings offer?

Plenty of bet types are available at DraftKings, including moneylines, point spreads, totals, player props, team props, parlays, same-game parlays, and futures. Many of these bet types are also available in play.

How do I verify my account at DraftKings?

You may need to provide copies of a photo ID and other documents during your registration to verify your identity. Alternatively, you can email any requested documents to DK through its support email if DraftKings requests them.