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DraftKings Pros & Cons
What Users Say About Their Overall Experience
Key Statistics & Features
| Feature | Detail |
|---|---|
| Founded | 2012 |
| Online | 2019 |
| Headquarters | Boston, Massachusetts |
| Welcome Offer | Place a bet of $5+ and get $150 in Bonus Bets |
| Min. Deposit | $5 |
| DraftKings Betting App | iOS & Android |
| Desktop | Yes |
| Withdrawal Time | Instant, or up to a two weeks depending on method |
| Payment Methods | Apple Pay, Bank Wire Transfer, Cash at Cage, Cash at Retail Stores, Credit/Debit Cards, DraftKings Gift Card, Electronic Gift Card, Online Banking, PayPal, Play+ Prepaid Card, Venmo, & VIP Preferred |
| Support | 24/7 Live Chat, Email, Phone, Social Media |
| Leagues | 20+ NFL, NBA, NHL, MLB, etc. |
| Available | AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NC, NH, NJ, NY, OH, OR, PA, TN, VA, VT, WV, WY, Ontario |
DraftKings Bonuses
DraftKings Bonuses User Reviews
Where is DraftKings Legal?
To place legal bets or play on DraftKings, individuals are required to be 21 or older. Additionally, they must be physically present in a state where DraftKings is operational when they bet or play, though they need not be residents of that state.
Here's a list of locations where DraftKings is operational:
Arizona | Colorado | Connecticut | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maryland | Massachusetts | Michigan | New Hampshire | New Jersey | New York | North Carolina | Ohio | Oregon | Pennsylvania | Tennessee | Virginia | Vermont | West Virginia | Washington | Washington D.C. | Wyoming | Ontario
Always ensure you're familiar with local regulations when placing bets, as betting offerings and rules can vary by state.
User Experience
The DraftKings website showcases a color scheme of green, white, and grey, which creates a recognizable brand presence. The landing page offers a selection of options for users to choose from, ensuring a balanced design without appearing excessively busy. Depending on an individual's internet connectivity, the performance of the site may vary, though its layout is structured for smooth navigation. Clear menus aid users in moving around the platform with ease. At the footer, there's a reference guide and sitemap, presenting users with a structured overview, making it simpler for them to locate different sections and features of the site.
How to Sign-Up at DraftKings
Follow this step-by-step guide to create an account with DraftKings Sportsbook
- Existing Accounts: If you already have a DraftKings account, note that you're not allowed to create a new one due to the one account per customer policy.
- Starting the Process:
- Go to the DraftKings Sportsbook website.
- Click on ‘Log In’ at the top of the page.
- Select ‘Sign Up’ to begin the registration.
- Input Required Details:
- Full name
- Current home address
- Date of birth
- Email address
- Telephone number
- Last 4-digits of SSN
- Verification:
- Due to jurisdictional laws, DraftKings must adhere to anti-money laundering protocols and verify important information.
- If your identity doesn't get automatically validated, be prepared to provide additional documentation.
- This might involve scanning and submitting a valid state-issued ID. Ensure you have a mobile device on hand as you'll need to scan a QR code and your identification.
- Geo-Location Confirmation:
- Ensure you confirm your geo-location whenever you're using the platform.
- For desktop users, DraftKings requires the installation of a GeoLocater plugin to verify location.
- Two-Factor Authentication (2FA):
- Some states mandate the use of 2FA. If you're located in one of these jurisdictions, you'll be prompted to set this up for added security.
- Remember, these steps are in place to ensure the safety and legality of all transactions and activities on the DraftKings platform.
DraftKings Betting Apps
DraftKings, accessible on iOS and Android, is a sports betting application widely used in the United States and Canada. It specializes in offering a sportsbook that allows users to place bets on various sports events. The platform covers a broad spectrum of sports, including football, basketball, baseball, hockey, and golf, among others. Users have the flexibility to engage in different types of betting such as point spreads, moneylines, and over/unders.
A significant feature of DraftKings is its live betting option, which lets users place bets on events as they unfold. This feature is enhanced by the app's ability to stream certain events live, providing bettors with real-time viewing and betting experiences. For example, a user watching a live basketball game can place bets on different aspects of the game as it progresses, such as the next point scorer or the outcome of the current quarter.
DraftKings also offers futures betting, where players can bet on the outcomes of future events, like which team will win a championship. The app includes user-friendly tools and resources, such as betting guides and statistical information, aiding both novice and experienced bettors in making informed decisions. It's important to note that the app's features and availability of specific betting options may vary based on regional regulations and laws governing sports betting.
Sports & Leagues at DraftKings
Betting Markets
DraftKings presents a range of betting markets catering to various types of bettors. These markets span traditional game outcomes, prop bets, live in-game wagers, and futures, among others. The range is designed to provide options for both novice bettors and seasoned bettors.
| Bet Type | DraftKings Offers |
|---|---|
| Against the Spread | ✔ |
| Correct Score | ✔ |
| Double Chance | ✔ |
| Double Result | ✔ |
| Even Money | ✔ |
| Forcast | ✔ |
| Futures | ✔ |
| Grand Salami | ✔ |
| Hedging | ✔ |
| Lines | ✔ |
| Live in Play Betting | ✔ |
| Moneyline | ✔ |
| Over/Unders | ✔ |
| Parlay | ✔ |
| Pick’em | ✔ |
| Point Spread | ✔ |
| Pools | ✔ |
| Props / Prop Bets | ✔ |
| Reverse Forecast | ✔ |
| Round Robin | ✔ |
| Run Line | ✔ |
| Same Game Parlay | ✔ |
| Singles Bets | ✔ |
| Teaser | ✔ |
| Tri-Bet | ✔ |
| Win/Place | ✔ |
What Users Say About DraftKing's Markets
DraftKings Odds
DraftKings determines its odds through the SBTech platform, which is now an integral part of their in-house system. Having transitioned from the Kambi sportsbook, DraftKings continues to set its odds in line with the industry standards.
A common industry practice among sportsbooks is to include a vig or juice, which is essentially a commission for the bookmaker. DraftKings, like many of its peers, typically sets this vig around the 10% mark. This ensures that they remain on par with other leading sportsbooks in terms of odds pricing.
Furthermore, DraftKings occasionally offers specialized markets around specific, unique sports events. These markets can provide a diverse range of betting options for users, aligning with offerings seen at other major sportsbooks.
DraftKings is known for its competitive odds, here is an example:
| Event/Match | DraftKings Odds | PointsBet Odds | ESPN BET Odds | FanDuel Odds |
| SF 49ers vs KC Chiefs Moneyline | -120 +100 | -125 +108 | -120 Even | -126 +108 |
| Blue Jackets vs. Blues Moneyline | -142 -170 | -145 -172 | -145 -170 | -142 -172 |
| Tyson Fury vs. Oleksandr Usyk | -140 +110 | -138 +108 | -130 Even | -138 +108 |
What Users Say About DraftKing's Odds
Payments & Withdrawals
DraftKings Sportsbook offers an array of payment solutions, catering to the varied banking preferences of its players. Users have access to multiple deposit methods, although the availability of these options depends on their geographical location and the specific DraftKings product they are using. This flexibility allows DraftKings to accommodate the diverse financial needs of its users, while also adhering to regional financial regulations.
What Users Say About DraftKing's Banking Options
Customer Support
Our team diligently assessed DraftKings' customer support framework, focusing on its efficiency, responsiveness, and overall competence. Below is an unbiased overview of our evaluation:
- Support Platform: DraftKings has a comprehensive support site with articles, video tutorials, and more. It's an exhaustive resource, answering almost every conceivable question a member might have. This proactive approach emphasizes the platform's commitment to addressing user concerns preemptively.
- Speed and Effectiveness: Our team interacted with DraftKings' customer support at different hours to gauge their response times and the quality of service. Here's a concise outline of our experience:
| Time | Average Wait Time |
|---|---|
| 6:00 am ET | ~2 minutes |
| 11:00 am ET | ~2 minutes 30 seconds |
| 5:00 pm ET | 8 minutes |
| 9:00 pm ET | 10 minutes 45 seconds |
Contact DraftKings Customer Support
Customer Support User Reviews
DraftKings Online Casino
DraftKings Casino, available in select states, offers a range of gaming options for users under its well-known brand. The platform features a variety of traditional table games such as blackjack, roulette, and poker, alongside contemporary slot machines, catering to different player preferences. With a user-friendly interface, the casino provides an enjoyable and accessible gaming experience. Additionally, the casino constantly updates its game library, introducing new and engaging titles. DraftKings Casino emphasizes a secure and responsible gaming environment, adhering to regulatory standards. This diversity in gaming options and commitment to user experience makes DraftKings Casino a notable option for online gaming enthusiasts.
Daily Fantasy Sports (DFS)
DraftKings, initially renowned for revolutionizing Daily Fantasy Sports (DFS), maintains its commitment to this domain. The platform enables users to immerse themselves in fantasy sports competitions, where they can assemble and manage virtual teams made up of real players from various sports leagues. Participants in these contests compete against others based on the statistical performances of their selected players in actual games.
This form of gaming blends skill and knowledge of sports, as users must strategically select their teams within a given salary cap. DraftKings offers a wide range of sports for DFS, including football, basketball, baseball, golf, and more, accommodating a diverse array of fan interests.
The integration of DFS with standard sports betting on the same platform is a unique feature of DraftKings. This allows users to engage in traditional betting alongside their fantasy sports activities, offering a comprehensive sports entertainment experience. DraftKings’ user interface facilitates easy switching between DFS and sports betting sections, making it convenient for users to enjoy both aspects seamlessly.
DraftKings' DFS platform is known for its variety of contest formats, ranging from head-to-head competitions to large tournaments with significant prize pools. This variety ensures that both casual players and more serious fantasy sports enthusiasts can find contests that suit their style and level of commitment.
DK Horse Racing App
DraftKings, in partnership with Churchill Downs Incorporated, launched the DK Horse application, expanding its offerings to include horse race wagering. Available in multiple states where such betting is legally permitted, the platform provides users with the opportunity to engage in major U.S. horse racing events.
The DK Horse app is designed to cater to both seasoned bettors and newcomers to horse race wagering. It offers features such as live streaming of races, enabling users to watch the events they bet on in real-time. This addition enhances the user experience by providing a more immersive and engaging way to participate in horse racing.
Furthermore, the app includes detailed handicapping information. This feature is particularly beneficial for users who rely on thorough research and analysis to inform their betting decisions. Handicapping data can include past performance records, track conditions, and other relevant statistics that are crucial for making informed wagers.
The platform's user interface is structured to facilitate ease of use, with a clear layout that allows users to navigate between races, place bets, and access streaming and handicapping information conveniently.
Additional Features
| Feature | Description |
|---|---|
| Same Game Parlays | A betting structure that allows users to place multiple wagers within a single sports event, such as combining bets on player statistics, total points, and outright winners in a football match. |
| Live Betting | Offers a dynamic betting environment where bets can be placed on events currently underway, with odds adjusting in real time to reflect the ongoing situation. |
| Player Prop Betting | A distinct section dedicated to betting on individual player performances in various leagues, allowing users to bet on specific outcomes related to players within games. |
| Early Cash Out | Provides the option to conclude bets before the end of an event, offering users a chance to retrieve a portion of their bet or a partial profit based on the current event trajectory. |
| Marketplace | A platform for trading and acquiring unique collectibles, including NFTs, related to sports and entertainment, accessible with DraftKings credentials. |
| Player-Centric Betting | Allows users to access individual "Player Pages" displaying prop markets associated with a single player across major sports leagues, centralizing player-specific betting options. |
Responsible Gambling
DraftKings, understanding the significance of safer play, underlines the importance of responsible gaming. They offer many tools and information designed to ensure that players can engage in gaming activities in a secure and accountable manner.
For those seeking assistance or believe they may have a gambling problem, DraftKings offers immediate support through local responsible gaming organizations and the National Council on Problem Gambling.
| Tool/Resource | Description |
|---|---|
| Limit-Setting Tools | Options for users to set daily, weekly, or monthly deposit and spending limits to manage their gaming activity. |
| Cool-Off Periods | Allows users to take short breaks or extended periods away from their account for self-regulation. |
| Self-Exclusion | An option for players to voluntarily exclude themselves from the platform to prevent further gaming. |
| DK Safer Play | A specialized website dedicated to responsible gambling, offering information, quizzes, and assistance for gambling-related issues. |
| Opt Out Program | A feature for users who wish to unsubscribe from marketing communications, accessible through settings or support contact. |
Licensing & Security
| Security | Description |
|---|---|
| State Compliance | DraftKings is licensed by each state in which it operates, adhering to the unique regulatory frameworks of each state. |
| Data Protection | Utilizes SSL (Secure Socket Layer) encryption for secure data transmission, indicated by the padlock symbol in the browser's address tab on the DraftKings platform. |
| Strong Authentication | Offers strong authentication or 2FA (Two-Factor Authentication), requiring a security pin sent to the user's mobile device during login for added account security. |
| Web Safety | Indicates the use of SSL encryption through the presence of a padlock icon in the address bar on their website, ensuring user data privacy. |
| System Defense | DraftKings maintains a comprehensive security program based on industry standards and best practices to protect its servers and user information, though specific details on firewalls or other defenses are not disclosed. |
Education
DraftKings provides a variety of educational resources for its members. Notably, betting guides are available for almost every sport featured on the platform, offering insights to both novices and seasoned bettors. Alongside these guides, DraftKings hosts video tutorials aimed at elucidating complex betting concepts and guiding users through the platform's functionalities. Members can also access a vast library of articles, which cover a range of topics from betting strategies to sport-specific nuances. Furthermore, to ensure clarity in communication and a better understanding of the betting landscape, a dedicated glossary explains various betting terms in detail. These materials collectively aim to enhance the betting experience by fostering informed decision-making among DraftKings' users.
Final Thoughts
After exploring DraftKings Sportsbook, we found it to be a comprehensive platform with a broad array of features catering to sports betting enthusiasts. The website's user interface is well-organized, facilitating easy navigation and offering a selection of options without feeling cluttered. DraftKings' reputation is well-founded, evident in its loyal user base and meaningful sports partnerships. However, some users may encounter connectivity issues with the mobile app, and the maximum bets on fixed markets are relatively low.
The registration process is straightforward, though it requires adherence to strict verification protocols for safety and compliance. The mobile app, available on both iOS and Android, offers live betting and streaming capabilities, enhancing the betting experience. DraftKings' commitment to responsible gaming is notable, with tools like limit-setting and self-exclusion options. Betting markets are diverse, covering a wide range of sports and events. While the platform has its drawbacks, like any other service, the overall experience on DraftKings Sportsbook is solid, especially for those seeking a reliable and varied sports betting environment.
About DraftKings
Initiated by Jason Robins, Paul Liberman, and Matt Kalish in 2012, DraftKings started as a daily fantasy sports platform in Watertown, Massachusetts. Over time, it transitioned into a significant sportsbook in the U.S. landscape. By April 2020, DraftKings became publicly listed on the Nasdaq Stock Exchange under the symbol "DKNG". The central operations hub is situated in Boston.
Following the 2018 legalization of sports betting beyond Nevada, DraftKings introduced its online sportsbook in New Jersey, subsequently broadening its reach to other U.S. states. A noteworthy merger in 2020, amounting to $3.3 billion, encompassed Diamond Eagle Acquisition Corp. and SBTech Global Ltd.
In a highlight for the brand, NBA icon Michael Jordan came aboard DraftKings in September 2020 as both an investor and board advisor.
This review will present DraftKings Sportsbook's offerings, user interface, promotions, and its standing in comparison to its market peers.
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Meet our Experts
Paruyr Shahbazyan
Paruyr Shahbazyan began his business career in 2000 as a private entrepreneur. Over thirteen years, he developed a deep understanding for business and leadership, laying a solid foundation for his professional journey.
In 2013, Paruyr stepped into the sports and betting industry as the founder and president of Bookmaker Rating. This online mass media platform, which he led until 2020, focused on providing in-depth analysis and insights in sports betting, earning a reputation for its quality content.
Continuing his innovative approach in 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This venture showcases his dedication to integrating advanced technology in the evolving landscape of sports betting. Through these diverse experiences, Paruyr has continuously influenced and shaped the betting industry, driving new trends and setting high standards.
| Experience | Year |
| Engaged in private entrepreneurship | 2000-2013 |
| Founder and President at Bookmaker Rating, an online platform focused on sports and betting | 2013-2020 |
| Co-founder at Azuro, a decentralized betting protocol | 2022 |
"Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports."
- Paruyr Shahbazyan, Founder, RG
Principles and Ethics
Paruyr Shahbazyan's core beliefs lie in the power of informed decision-making and integrity in the betting industry. He understands that the foundation of successful betting is not just about odds and predictions, but also about the trust and reliability of the information provided. Paruyr advocates for a betting environment where transparency and knowledge are paramount, ensuring that bettors are well-equipped with accurate data and insights.
Strategic Vision
Paruyr's vision is to revolutionize the sports betting industry through the integration of technology. He sees the future of betting as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. His aim is to create platforms that are not only user-friendly but also uphold the highest standards of ethical betting, contributing to a more responsible and enjoyable betting culture.
Future Perspectives
Looking towards the future, Paruyr envisions a betting landscape that is more inclusive, technologically advanced, and globally connected. He anticipates a significant shift towards more decentralized and transparent betting systems, driven by blockchain technology. Paruyr is committed to being at the forefront of this change, continuously exploring new possibilities and innovations that can redefine what it means to engage in sports betting in a digital world. His focus is on building systems that prioritize user empowerment, fairness, and the global growth of the sports betting community.
Sol Fayerman-Hansen
Sol has over 20 years of experience in writing for diverse industries including sports, gambling, regulation, technology, and startups. As the Editor-in-Chief at RG.org, Sol brings a wealth of knowledge and expertise to the role, focusing on delivering transparent, evidence-based content grounded in thorough research. Sol's mission is to empower readers to enjoy gambling responsibly and make informed decisions, enhancing their overall experience through insightful and engaging content. Under Sol's leadership, RG.org prioritizes the highest standards of integrity and reliability, ensuring that all information provided is accurate and trustworthy. Sol's dedication to transparency and research-based writing helps create a responsible gambling environment where readers can truly benefit from the content. This commitment to excellence has positioned RG.org as a leading source of information in the gambling industry.
Experience:
- Over 20 years in writing and editing across multiple industries
- Former head of regional innovation at BMO Finanacial Group
- Senior Writer, Online Casino Reports
Cristina Varela Galan
Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project
“Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.
Nick Ashbourne
Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game back in 1998, and he's written about them professionally since 2014.
Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports, and his sports betting expertise has grown since its legalization in Ontario in 2022.
Between 2022 and 2023 he worked for a betting startup called NorthStar Bets, and in 2024 he contributed to Oddspedia before joining the Responsible Gambling team.
Sergey Demidov
Sergey has been in sports journalism since 2007 as a reporter, editor, and manager. He has covered the Olympic Games, soccer World Cups, the World Cup of Hockey in 2016, the European championships, the Stanley Cup Finals, IOC events, and many others. Sergey interviewed the sport's greatest athletes, coaches, and executives. Since 2016, he has been an Independent Senior Editor of NHL.com/ru.
Anna Kravtcova
Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.
