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Being a big player in the daily fantasy sports market, it is no surprise that DraftKings wasted little time crashing the legal sports betting market in the United States, building out a formidable product thanks to the Kambi Group, resulting in one of the best sites and mobile apps in the business. Let’s take a closer look:
| Pros | Cons |
| Excellent mobile app | Odds can be somewhat of a mixed bag |
| Wide Range of Bet Types | |
| Reputation |
With its history in the daily fantasy space, DraftKings is used to needing an optimal mobile app, and it carries that kind of interface over into the online sports betting space and is one of the best out there. That goes along with its reputation of being an industry leader in all of sports. While the DraftKings app and reputation are definite, huge pluses, DraftKings offers every single type of bet you can imagine from the basic moneyline bets down to random props for different sports.
The only caveat to offering all these different kinds of bets is that sometimes that odds can be a bit scattered. More on that later.
Across the US Draftkings have made a number of partnerships with landbased casinos in each of the states they currently operate in which include:
NJ: In August 2018, the Atlantic City Resorts Casino Hotel and DraftKings Inc. became the first companies to offer online and mobile sports betting in New Jersey.
WV: DraftKings is partnered with Hollywood Casino at Charles Town and launched its mobile sports betting on August 28, 2018.
IN: Partnering with Ameristar Casino, DraftKings launched in the Hoosier State I early October 2019.
PA: DrafKings PA partnered with Meadows Racetrack & Casino and launched on November 4, 2019 as the sixth sportsbook in that state.
CO: DraftKings launched in Colorado on May 1, 2020 as that state approved online sports betting in the November 2019 election.
IL: DraftKings launched in Illinois on August, 2020.
Currently, Draftkings offer the same sports welcome bonus across every state they operate in.
New players will get a risk-free bet up to $500, which will be the same amount as your first bet. This means the bigger your first bet, the bigger your bonus. You must use the free bet within 30 days. If your bet wins, you only get to keep the profits.
This is also paired with a matched deposit bonus of up to $500, which matches 20% of your first deposit with a free bet to the same value up to a maximum of $500.
Players who already have a DraftKings account, even from daily fantasy sports or casino, will have a sportsbook account.
However, if you’re brand new to DraftKings, the registration process is broken down into four steps where you will need to give personal information such as your name, address, date of birth, last four digits of your social security number (occasionally they will ask for the complete number), consent to term of service and confirm your age (18 years or older). After this, you will need to download DraftKings’ geolocation software so it can confirm your location to wager legally in the state where you are registering. You typically will also be asked for a government-issued ID or other proof of identity before making a first deposit.
Note: Deposit and withdrawal methods as well as minimums and maximums may vary by state, so be sure to check before you register if it’s a potential dealbreaker for you.
The minimum deposit amounts are $5 and the maximum is about $2000, but it differs by account.
DraftKings does not offer any information in terms of processing times and a timeframe on when you’d receive money. However, for PayPal, we got our money back into our PayPal account almost immediately. For checks, allow for 3-10 days.
If you’ve ever played DraftKings daily fantasy sports on desktop, you’ll notice the similarities from that page to the DraftKings sportsbook. There may appear to be a lot going on when you look at the home screen, so let’s break it down.
At the top there are links to the following:
To the right of this, you will see your balance and the deposit options. Also, there are links to a few sports and a full A-Z guide for the different sports offered.
Continuing down the page, there is some information about promotions and other notable bets. To the right of the page, you’ll find the betslip that is populated once you make a selection, where you can place individual bets or create parlays and round robins.
Sticking on the home page, you can look at the live bets and also other game lines for different sports and events that will be displayed once you click on the individual sports.
There is a lot to digest here, and though the page may look a bit cluttered, it will not be difficult to figure out and explore. Not to mention, the desktop version is lag-free and there is no buffering whatsoever.
It cannot be stressed enough: The DraftKings app is fantastic. Not only does the mobile sports betting app have everything the desktop has, everything is definitely shrunk down to fit as optimally as possible.
The main difference is that the betslip is at the very bottom of the app. You can click on it and make wagers there. This is by far the most easy to maneuver sports betting mobile sports betting app we’ve used.
The DraftKings online sportsbook uses its own software and can be used directly on the browser. The only other software to download is a geolocation software after creating an account so DraftKings knows where you are located. This is required by regulators.
Note: Some states may not allow you to bet on college teams located in the state (such as New Jersey) or college events in the state. eSports also varies by state.
As mentioned in the cons section, the odds can be a little bit scattered in terms of consistency across the industry. There are certain sports such as hockey spreads that are, overall, worse than other sportsbooks, but there are other sports such as NFL, NBA and some MLB moneylines that are among the best.
Overall, if you wanted to solely wager with DraftKings, for the most part you’ll get some of the best lines out there. This is nothing to be overly concerned with.
DraftKings does not have a VIP Program, but there is a Rewards Program. These rewards are earned via completing various missions DraftKings will implement here and there. By completing the mission, you will receive rewards which can, in turn, be used for things such as free bets and more.
DraftKings does not exactly have different promotions pertaining to things involving betting. For example, at some sportsbooks on Fridays players get $10 free bets. There is nothing like this offered, but there are plenty of contests such as pools and other free games. There are also big tournaments that you be eligible for after betting on certain events.
After clicking on the ‘‘Help’‘ button you will find an expansive FAQ section on everything you’d need to know. If this doesn’t work, however, there is a contact button below this. Here, there is an email form and information for a mailing address, a direct email and a live chat in the bottom-left corner.
At the bottom of the page, there is a link to the Responsible Gaming section of the site.
Here, you will find plenty of information DraftKings has including different support groups, organizations and other in-house systems that are used to limit your betting.The limits include things such as deposits, spending, time on the site and also a self-exclusion period. Outside of this, there is information in regards to how to protect those underage.
DraftKings Sportsbook has everything and more you’d want in an online sportsbook, from a deposit bonus to a wide array of betting markets and a top-shelf app. Once again, some of the odds are a bit worse than competitors, but overall, you’ll get a top-of-the-line interface, mobile app and plenty of different options to wager on beyond just moneyline and spread.
Fans of sports wagering will do well to explore what DraftKings has to offer.
