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DraftKings Daily Fantasy Review 2022

Reviewed By Adam Kenny

Online Casino. Sports Betting. Daily Fantasy.
Published: Jun 30 · 4 min read
Updated: June 29th, 2022

One-day fantasy sports has become a major force in the sports world in recent years, and DraftKings stands as one of the undisputed leaders in the fledgling industry. With extensive game offerings, generous bonuses, and an incredibly easy-to-use design, it’s easy to see why players continue to flock to the site.

 

Pros
Established leader in Daily Fantasy Sports
Impressive variety of game types
Usually has ongoing tournaments
Huge player base to compete against
Can create DFS leagues with friends
Cons
Can be tough to win against expert players
Smaller variety of banking options

DraftKings DFS Welcome Bonus

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There could be a variety of welcome bonuses offered year-round for new players, often including free game entry. In addition, the site may offer a refer-a-friend program (also available on DraftKings sports betting site) where players can receive funds in their account by getting acquaintances to sign up for their own accounts. On top of that, regular players can keep an eye out for an impressive variety of promotions throughout the year as well as taking advantage of the extensive freeroll contests. However, you will ned to sign up and potentially also opt-in for promotional offers to see what is available to you in your region.

Software and Usability

DraftKings looks inward to their own development team to provide the software used to bring millions the fun of daily fantasy. The youth of daily fantasy itself has created few third-party software providers as opposed to online casinos which over the years have found that dozens of prominent third-party software providers have experienced success.

As more operators grab a portion of the market and daily fantasy continues to grow, its almost a guarantee third-party providers will appear but until then, proprietary software dominates the industry.

DraftKings features a browser site that is very user-friendly, utilizing a layout that is incredibly easy to navigate. Finding the contest type and entry level that suits the player’s needs is just a few simple clicks away, as is account management.

For those accessing DraftKings from their mobile devices, dedicated Android and iOS applications are available offering similar ease-of-use in a way that is optimized for mobile technology.

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Game Types

DraftKings specializes in daily and weekly fantasy sports contests in an impressive array of sports. Players can choose to compete in games focusing on NFL, NBA, MLB, NHL, professional golf, professional soccer, college basketball, or college football.

The site uses the “salary cap” format common to other sites of the same stripe, where users are tasked with building a team that fits under a predetermined cap and then competing against other users for cash and prizes. Once players have chosen the sport they wish to compete in, they have a number of options in regards to game format. The game types that there could be available are as follows:

  • Beginner | All users are allowed 50 and only 50 contests of this type in every sport the site offers, and will be only competing against other players that fall under the beginner category. Very useful for learning the ins and outs of the site and games offered.
  • Head-to-Head | Simple winner-takes-all contests against another user.
  • Leagues | Compete against two or more opponents for a set prize pool. Smaller entry fields compared to most other game types.
  • 50/50 | Finishing in the top half of registered entrants is all that is required to win cash in these contests.
  • Qualifiers | Larger contests with small entry fees where free entry to larger stakes contests is up for grabs.
  • Multipliers | Games where it is possible for the top finishers to win up to 10 times their initial entry fee.
  • Steps | A game type where there are essentially four “rounds,” and progressing through all four can turn a small entry fee in to big winnings.
  • Freerolls | Free entry games where DraftKing Dollars or entry tickets to other games ion the site are on the line instead of cash.

DraftKings also has a section devoted to guaranteed games, which are contests where a certain amount of prize money is guaranteed even if there are fewer entrants than the maximum allowed, even reserving a section of their site solely to games of that type.

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Payment Options

Users can deposit money into their DraftKings account using all major credit or debit cards, including MasterCard, Discover, American Express, and Visa. In addition, players can add funds via PayPal, Dwolla, or gift cards from Visa, MasterCard, or American Express.

Winnings are added to player accounts within 24 hours of their game’s conclusion, and withdrawals are processed during regular business hours, and typically take between 2-7 business days to show up in the player’s account once after withdrawal proceedings have begun.

Players are given a number of options in regards to how they receive their withdrawal, whether having funds added back to the original funding card, their PayPal account, or having a physical check mailed to them. The latter option may take longer to reach users.

Payment Method
Name
Deposit Amount
Withdrawal Amount
Withdraw Time
Visa Electron
Visa Electron
$5 Min
-
-
VISA
VISA
$5 Min
-
-
MasterCard
MasterCard
$5 Min
-
-
Discover
Discover
$5 Min
-
-
American Express
American Express
$5 Min
-
-
Play+
Play+
C$5 Min
-
-
Check
Check
-
-
1-3 Weeks
ACH Transfer
ACH Transfer
C$5 Min
-
3-5 Business Days
MasterCard
MasterCard
C$5 Min
-
-
VISA
VISA
C$5 Min
-
-
VISA
VISA
C$5 Min
-
-
MasterCard
MasterCard
C$5 Min
-
-
PayPal
PayPal
C$5 Min
-
2-8 Business Days
ACH Transfer
ACH Transfer
C$5 Min
-
3-5 Business Days
Check
Check
-
-
1-3 Weeks
Play+
Play+
C$5 Min
-
-
American Express
American Express
$5 Min
-
-
Discover
Discover
$5 Min
-
-
MasterCard
MasterCard
$5 Min
-
-
PayPal
PayPal
$5 Min
-
2-8 Days
VISA
VISA
$5 Min
-
-
Visa Electron
Visa Electron
$5 Min
-
-
Social:
Available Hours:24/7

Our Verdict

DraftKings is one of the major names in the burgeoning single-day fantasy sports industry, and it has earned that reputation. The quality of the site and it’s mobile apps, as well as the ease of game play make it a must for any players looking for a new type of sports gambling.

 

Contributors

Contributors

Hi, I'm Adam Kenny

"Over a decade spent working in the online betting world. I can truly tell you which operators are good and which ones aren't."

Interests
  • Online Casino
  • Sports Betting
  • Daily Fantasy

Reviewer since February 2019

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