New DraftKings bettors — claim the following DraftKings promo code offers with No Code Needed:
- Bet $5, Get $150 If Your Bet Wins + a $50 Bonus Bet on First Deposit! (DC, IA, KS, KY, LA, MD, MI, NJ, NY, TN, VA, VT)
- Bet $5, Get $150 Instantly + a $50 Bonus Bet on First Deposit! (AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, WV, WY)
When you claim the DraftKings promo code welcome bonus, all you have to do is deposit and bet $5 on any qualifying market. We love that you're rewarded whether your first bet wins or loses as other sportsbook promos can't say they do the same.
With your bonus bets, you'll get to explore the market-leading sportsbook that is DraftKings. With a sleek mobile interface, new live betting offerings, and industry-leading sign-up promotions with bonus bets for sports bettors, DraftKings also features the best overall average pricing compared to other online sportsbooks across major betting and sports markets. Learn more in our comprehensive review of the DraftKings promo code and the platform itself!
DraftKings Promo Code Key Takeaways for December 2024
⭐️ DraftKings Promo Code: |
|
💰 DraftKings Promo Code Details: |
1) Bet $5, Get $150 If Your Bet Wins + a $50 Bonus Bet on First Deposit! (DC, IA, KS, KY, LA, MD, MI, NJ, NY, TN, VA, VT) OR 2) Bet $5, Get $150 Instantly + a $50 Bonus Bet on First Deposit! (AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, WV, WY) |
📲 Wagering Requirements: |
New users only in a legal betting state. Minimum qualifying deposit of $5. Legal betting age requirement is 21. |
📝 Available Legal States: |
AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY |
👍 DraftKings Sportsbook Pros: |
Great navigation and user interface, large selection of props, bonus bets |
👎 DraftKings Sportsbook Cons: |
Subpar pricing, same game parlays pricing is poor, lack of odds boosts, no promos for existing users |
🗓 Terms & Conditions: |
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets if your bet wins. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. |
✅ Promo Last Verified: |
December 29, 2024 |
No matter your expertise, legal sports betting can be a challenge to profit from. Savvy sports bettors use high-value sign-up offers with bonus bets, promotions, codes, and daily boosts to find +EV (expected value) opportunities. This is an area DraftKings excels in. Because of their massive user base and appetite for acquiring new customers, the DraftKings online sportsbook offers some of the most competitive ways to boost your betting bankroll with the DraftKings promo code sign-up offer, ongoing bonuses, and loyalty promotions. Deposit bonuses vary in the amounts awarded to customers, and DraftKings is definitely on the high side. No DraftKings promo code is needed for first time DK depositors to unlock a "Bet $5, Get $150 If Your Bet Wins + a $50 Bonus Bet on First Deposit!" deal.
For our DraftKings promo code and sportsbook review, we took the most important statistics and information and shared it below.
How to Sign Up and Get Your DraftKings Promo Code
The registration and verification process for DraftKings has been smooth in our testing. Here's how to sign up for a DraftKings Sportsbook account and claim the DraftKings sportsbook promo code welcome offer:
- 1. Click the links on our page to go to the DraftKings sports betting app or website. Using our link ensures you're eligible for the welcome offer of Bet $5, Get $150 If Your Bet Wins + a $50 Bonus Bet on First Deposit! No DraftKings promo code is needed to claim your bonus bets.
- 2. Enter your email, username, password, and phone number. Here, we recommend agreeing to text messages from DraftKings so you can verify important account changes.
- 3. Click "Create Account" to finalize the process and agree to the operator's terms. Confirming your eligibility is important, as you must be 18, 19, or 21 years old in select states.
- 4. On the next page, add other details such as your name, date of birth, last four digits of your SSN, and home address.
- 5. Submit any required proof of identity, like a photo of your license or passport.
- 6. Add a supported payment method and make a $5+ deposit.
- 7. Bet $5 on any qualifying deposit. The DraftKings Sportsbook home screen will have a grid list of the most relevant games from the day's sporting slate. You can filter by sport or league on the online sportsbook as you choose, with the option to quickly place a bet on spreads, totals, or moneylines.
- 8. Instantly receive the bonus bets
If you want insight into responsibly managing your bets, please review our guide to the most common sports betting mistakes to avoid.
King of the Court Boost
On Wednesdays, any user that buys a pre-game, single player prop for $5+ and opts in will earn a King of the Court token! If that player is No. 1 on that day for points + rebounds + assists, you will collect a share of $1,000,000 in bonus bets.
Must be 21+, minimum $5 to bet.
DraftKings Promo Code Terms & Conditions
- No DraftKings Sportsbook promo code is needed to redeem this sign-up bonus.
- Valid 1 per new customer.
- Bonus Bets expire 7 days (168 hours in total) after being awarded.
- Must be physically located in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MI, MD, NC, NJ, OH, PA, VT, VA, WV, WY (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”).
- Must be 21+ years of age or older (18+ if in KY/NH/WY). New customers only.
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets if your bet wins. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings.
What to Bet on Using the DraftKings Promo Code This Week
- Come see our best bets for all the CFB bowl games today!
- We also have our favorite NFL Week 17 bets to make.
- Lastly, come see our bet for the Pacers vs Celtics tonight!
DraftKings Odds Boosts for December 29, 2024
- NFL Profit Boost: Get a Profit Boost on any 4+ Leg NFL TD Scorers Parlay, SGP or SGPx!
- NBA Profit Boost: Get a Profit Boost to use on a 4+ leg NBA SGP(x) bet today!
Other DraftKings Promos
Refer a Friend Bonus
In addition to your new user bonus, there is an opportunity to share a personal referral link with a new, first-time depositor. The new user must use your link to register and deposit a minimum of $25. Receive up to $100 in bonus bets for each successful referral for a maximum of $500 in bonus bets. DraftKings bonus bets are only valid for seven days after being issued. Referral bonuses are not available for cash withdrawal or transfer between accounts.
Free-to-Play Pools
Every week, DraftKings users can answer questions regarding an upcoming sports event or group of events. Answer carefully, as you'll compete on a leaderboard where you can win anywhere from a $1 bonus bet to a $100 bonus bet.
Match Deposit Welcome Bonus
Keep an eye out for DraftKings welcome bonuses that match your initial deposit, allowing you to boost your bankroll from the very first time you fund your account.
No Deposit Bonus
DraftKings may also run no-deposit specials, which enable you to fund your account without actually putting in any of your own money. No-deposit bonuses from DraftKings are most common when its sportsbook launches in a new state, though you may also find the deal if you sign up for its casino product.
Reignmakers PGA Tour Starter Pack
Receive a Starter Pack containing 35 top-ranked golfer cards and gain access to entry into contests throughout the season without any entry fees. Utilize your cards to participate in beginner contests and secure a prize.
DraftKings Network
Stay updated with the newest deals and perspectives while enjoying your preferred information, entertainment, and culture. Tune in via Samsung TV Plus, The Roku Channel, Xumo Play, and YouTube.
DraftKings Rewards Program: Dynasty
One area that which DraftKings excels over most other sportsbooks is its rewards program. As it is called, Dynasty allows users to earn rewards known as "Crowns" with almost every bet placed. Users are automatically enrolled in the Dynasty program when creating a DraftKings account. What's best is that these Crowns can be used in many great ways to add tremendous value to the user experience. Redemption categories include:
- Bonus Plays - Use Crowns for bet credits to use on any wager
- Dynasty Store - Shop DraftKings merchandise, electronics, unique offerings, and more
- Travel - Book travel and vacation getaways
⭐ Dynasty Rewards Tier | 💰 Tier Benefits |
Bronze | Earn Crowns and Tier Credits by playing, redeem Crowns for Site Credits/Dynasty Store items, access promos across DraftKings and Golden Nugget Online Casino |
Silver | All in Bronze plus the option to roll over up to 500 Tier Credits, choose four 2x Crown Boost Days each month, Tier Credit Milestone Rewards, Tier-Exclusive contests and promos |
Gold | All in Bronze plus the option to roll over up to 4,000 Tier Credits, choose four 3x Crown Boost Days each month, Tier Credit Milestone Rewards, Tier-Exclusive contests and promos, priority customer service |
Diamond | All in Bronze plus the option to roll over up to 15,000 Tier Credits, choose five 3x Crown Boost Days each month, Tier Credit Milestone Rewards, Tier-Exclusive contests and promos, priority customer service, 24/7 chat support access, invite to Dynasty Signature Sweepstakes, access to exclusive live experiences, consideration for VIP host, Diamond annual gift |
Onyx | All in Bronze plus the option to roll over up to 25,000 Tier Credits, choose five 4x Crown Boost Days each month, Tier Credit Milestone Rewards, Tier-Exclusive contests and promos, priority customer service, 24/7 chat support access, invite to Dynasty Signature Sweepstakes, access to exclusive live experiences, consideration for VIP host, Onyx elite reward |
There's a lot to gain for users who regularly bet in DraftKings and collect Crowns. The more you bet and tier up, the more you earn! Full Dynasty Rewards program details are available on DraftKings' website.
DraftKings Same Game Parlay Analysis
What same game parlay features do they offer?
DraftKings has been trying to improve its same game parlay product for several years, which lagged behind FanDuel and bet365 in our rankings.
While the organization of all the betting options in SGPs still leaves a little to be desired as we touched on above, DK did add “dynamic pricing” within the last year – one of my favorite features of bet365’s industry-leading SGP product. When you’re adding legs to a same game parlay, DraftKings will automatically show you what the price will be if you add the next leg.
This is a great way for bettors to build their same game parlays because they get a better sense for where the prices are going without having to test each individual leg. I do think it can lead you into some bad decisions as you see the prices go up, but overall, it’s a feature that most users like. You do have the option to turn it off, which is unique to DK as well.
Where Is DraftKings Sportsbook Legal?
As a major DFS player before the legalization of online sports betting, DraftKings has had the benefit of massive brand exposure throughout the country. As a result, the DraftKings sportsbook is available in several states today for users to use their platform for legal online sports betting. DraftKings will continue to be a major player in the sports betting industry as new states look to pass legislation to allow sports betting in the near and long term.
🏈 Legal DraftKings Sportsbook State | 👨💻 Online Sports Betting? |
Arizona | ✅ |
Colorado | ✅ |
Connecticut | ✅ |
District of Columbia | ✅ |
Illinois | ✅ |
Indiana | ✅ |
Iowa | ✅ |
Kansas | ✅ |
Kentucky | ✅ |
Louisiana | ✅ |
Maine | ✅ |
Maryland | ✅ |
Massachusetts | ✅ |
Michigan | ✅ |
New Hampshire | ✅ |
New Jersey | ✅ |
New York | ✅ |
North Carolina | ✅ |
Ohio | ✅ |
Oregon | ✅ |
Pennsylvania | ✅ |
Tennessee | ✅ |
Vermont | ✅ |
Virginia | ✅ |
West Virginia | ✅ |
Wyoming | ✅ |
Read More — DraftKings North Carolina Promo Code
A Brief History of DraftKings
DraftKings was originally launched in 2012 by Matthew Kalish, Jason Robins, and Paul Liberman in Watertown, a suburb just west of Boston. In January 2012, they incorporated and received $1.4 million in Series A funding. By April, they had developed their mobile app. In its nascent stages, the company focused on fantasy baseball and other daily fantasy sports (DFS).
In 2018, following the legalization of sports betting in the U.S., DraftKings launched its first sportsbook in New Jersey. In 2021, DraftKings opened its new headquarters in Boston. Today the platform integrates DFS and sports betting, offering a wide range of sports and bet types to over 8 million registered users.
DraftKings Casino
The DraftKings Casino is one of the best online casinos available in legal states. The online casino is available in New Jersey, Connecticut, Michigan, Pennsylvania and West Virginia. Popular games like blackjack, online slots, online poker and more are available there today. The DraftKings Casino promo code right now can get users different options when signing up, so be sure to learn more by reading our review!
If you're interested in a social sportsbook, check out the Fliff Promo Code!
DraftKings Mobile App Screenshots
Search and Sport Selection
Promo Page
Stats Page
In-Game and Live Betting
NBA Player Props
DraftKings Mobile App & Website Experience
The DraftKings Sportsbook is one of the leaders in the legal sports betting industry. From bonus bets and promotions to available markets, DraftKings Sportsbook is sure to please most sports bettors. Their user friendly interface makes it easy to place any moneyline, spread, total, or prop bet you can find.
It is no surprise that the DraftKings Sportsbook app is a go-to app in the industry, and it looks to continue to expand as new states continue to legalize online sports betting. Read on further in our DraftKings Promo Code review to see what one of the most popular sports betting options has to offer.
DraftKings Sportsbook Mobile App Review
The DraftKings sports betting app has been a standard-bearer for online betting since the inception of its daily fantasy sports platform. With the learnings they have gleaned from DFS, DraftKings boasts one of the most solid overall apps in the online sports betting industry.
Read more about how DraftKings DFS, like its DraftKings Pick6 and the DraftKings Pick6 promo code offer, compares to another DFS operator — PrizePicks — in our PrizePicks vs. DraftKings review.
Mobile App Review Categories
Our Action Network experts analyzed several vital categories that can make or break the DraftKings sportsbook app:
- Usability: Ease of Logging In - Navigation - App Speed - Game Data Density - The Bet Slip
- Coverage: Available Markets
- Pricing: By Sport Pricing
DraftKings Sportsbook Mobile App Review Summary
Selection Criteria | Best In Category |
Ease of Logging in | Caesars, bet365, theScore |
Navigation | DraftKings, FanDuel |
Speed | PointsBet, FanDuel, DraftKings |
Game Density | FanDuel, BetMGM, DraftKings |
Bet slip | Caesars, FoxBET |
DraftKings App Logging In Process
How easy is it to sign in to the DraftKings Sportsbook app?
Logging in to a sportsbook quickly is the difference between getting in a last-minute wager or not. Apps must have a streamlined process. This is one area that the DraftKings app falls short of competitors. The DraftKings mobile app Face ID was very inconsistent throughout our team's testing process, with a fail rate of over 50%.
Our experts also experienced a minor nuisance: the DraftKings Sportsbook app would redirect them to a sign-up screen despite having an account and logging in.
Final Verdict: Average. DraftKings Sportsbook is inconsistent with its Face ID log-in feature. Caesars, bet365, and FanDuel all offer a better login experience.
DraftKings App Navigation & Organization
How straightforward is finding and browsing betting markets?
DraftKings still has my favorite sportsbook app navigation and organization when it comes to finding and betting props and futures. SGPs still need some work.
Most sportsbooks "stack” every market on top of each other, and you’ll end up with an endless list of markets trying to scroll to find what you want. DK uses a two-tier navigation – so once you land on “props” for an NFL game, there will be another horizontal menu that shows you can find passing props, rushing props, etc. It makes the “stacked” lists much smaller per view.
But DK stack markets on top of each other in same game parlays, creating an endless list to scroll through. Check out the difference between betting soccer corners in an SGP at DraftKings and bet365.
You can change the view you want to see at bet365 in one tidy module – both teams combined, one specific team, one team in the first half, etc. At DraftKings, it’s just an endless stack of individual markets that all look similar.
DraftKings App In-App Search
DraftKings Sportsbook does have an in-app search that serves two main functions. It can be used to find a particular sport, league, betting markets, team, or event when you’re already in that league.
Final Verdict: Excellent. DraftKings Sportsbook has a best-in-class app when it comes to navigation.
DraftKings App Speed
How quickly does the DraftKings mobile app update and respond to input?
DraftKings is top-tier in mobile app speed and responsiveness to user input. The navigation does not lag when switching between contests, sports, leagues, or any other app screen. The only feature with noticeable delay was the Same Game Parlay, which redirects users into a separate view from the standard sportsbook pages.
Final Verdict: Great. DraftKings is one of the fastest sportsbook mobile apps in the business. Lightning-fast load screens and input response are standard throughout almost all user experiences. This is perfect for users to handle their bonus bets quickly in the DraftKings Sportsbook app.
DraftKings App Data Density
How many games can you view odds for at once?
Data density is an essential factor for mobile sportsbook apps. Essentially, it enables users to take in more game odds at once without having to scroll or click through different screens on the app to facilitate quicker betting decisions. We tested game density using an iPhone 12 Pro to determine density rankings in the mobile view of iOS. Here is what we found:
- FanDuel - 4.5 Games
- Tied DraftKings & BetMGM - 4 Games
- Tied PointsBet & Caesars - 3 Games
DraftKings is a top competitor in its overall game density, falling only behind FanDuel.
~4 Games | 4.5 Games | 4 Games | 3 Games |
Final Verdict: Great. The DraftKings Sportsbook mobile app can display up to 4 games at once without scrolling.
DraftKings App Bet Slip
What is the bet slip experience?
A solid bet slip interface and user experience are critical for a sportsbook app because if users do not submit their bets with a transaction, the operator will lose business.
DraftKings Sportsbook provides a strong bet slip experience with a clean interface and mostly seamless functionality. Here are some of our major takeaways from the DraftKings bet slip:
- Good density. The bet slip can fit five bets in a single view.
- The bet slip is a half-screen takeover, which is nice because you can easily click out of this to add more wagers.
- The parlay option at the bottom of the bet slip allows users to create parlays from all of their selections easily, or they can bet them straight as individual wagers all from the same screen.
- The payout calculations include the original stake into your winnings, which we find deceptive. For example, a bet of $100 could be listed as a payout of $190 in DraftKings, but only $90 of the winnings is profit, while the rest is just the original stake.
- Bonus bets are available to be seen as well.
- DraftKings Sportsbook automatically includes a Round Robin option in the bet slip when a user adds three or more bets to their slip.
- The "X" used to delete bets from the slip is small, so it can be hard to hit correctly. Users can also swipe left to delete a bet from the slip if they find it more accessible.
In addition to the bet slip, DraftKings has a "My Bets" feature. Here, users can track all bets or filter by their open bets, settled bets, won bets, or lost bets. This is a great way to track betting data over time.
Final Verdict: Great. DraftKings Sportsbook has one of the better bet slip experiences across sportsbooks.
Read more about how DraftKings compares to other sportsbooks, like BetMGM and FanDuel, in our BetMGM vs. DraftKings review and our DraftKings vs. FanDuel review.
DraftKings App Customer Reviews
In addition to our experts' analysis, we have distilled what is available in the Apple App Store and Google Play to provide a broader sample size for this DraftKings Sportsbook assessment. Here are the advantages and challenges that users have shared about their experiences using the DraftKings mobile app:
Apple App Store Reviews
#5 in Sports - 4.8/5 Stars - 794.1K Ratings (December 2024) - Download at the App Store
iOS User Positives | iOS User Negatives |
User Interface and Navigation: A significant number of reviews positively highlight the app's user interface and ease of navigation. Users have found it intuitive, clean, and straightforward, making it easy to browse through various sports betting options. |
Technical Issues and Glitches: Some users have experienced technical issues, such as app crashes and betting option glitches, negatively affecting the overall betting experience. |
Competitive Odds: Users have noted the competitive nature of the odds offered on the DraftKings Sportsbook app. This competitiveness is indicated to positively impact user's long-term betting strategies and overall satisfaction. |
Difficulties with Withdrawals: Problems withdrawing funds, including delays and requests for extensive verification, have been a point of contention for some users, impacting the perception of the app's reliability. |
Variety of Betting Options: The breadth of betting options available on the app, including live betting, futures, and prop bets, is frequently praised. This variety appears to cater well to a broad spectrum of sports betting enthusiasts. |
App Updates and Feature Changes: Certain updates and changes to the app's features, including the layout and betting options, have not been well-received by all users, with some expressing a preference for previous versions. |
Google Play/Android Store Reviews
4.5/5 Stars - 165K Ratings (December 2024) - Download at Google Play
Android User Positives | Android User Negatives |
User Interface and Ease of Use: A significant number of users have praised the app for its user-friendly interface, emphasizing its simplicity and ease of navigation. The app’s design facilitates smooth browsing and betting, making it accessible for users of varying tech proficiencies. |
App Performance Issues: A substantial number of users report frequent app crashes, lagging, and slow loading times, especially during critical moments of live betting or game play. These performance issues hamper user experience and lead to frustration, marking a significant area of concern. |
Quick and Efficient Payouts: The ability to cash out quickly and efficiently is frequently highlighted as a significant positive. Users appreciate the speedy and hassle-free process of withdrawing winnings, which enhances their overall experience. |
Customer Service Challenges: Negative experiences with customer service, including delayed responses and unresolved issues, are frequently cited. Users express frustration with the lack of effective communication and resolution from the support team. |
Promotions and Bonuses: The app's promotions and bonuses have received positive feedback for providing users with additional value and incentives to play. These features are seen as advantageous for both new and seasoned bettors, offering opportunities to maximize their winnings. |
Technical Glitches and Errors: Technical issues such as bugs during gameplay, errors in bet placement, and inaccurate game results tracking are mentioned by users. These glitches affect the reliability and integrity of the app's gaming environment. |
DraftKings Payment Options
Due to state-by-state restrictions, legal U.S. sportsbooks haven’t had the most straightforward time with registrations and deposits.
DraftKings Sportsbook isn’t perfect on this front, but it’s among the best sports betting industry. Depositing is seamless, and payouts are reasonably quick — in the dozen payout requests we filed in our app testing for this review, each came in below a three-day window.
Here's a look at how you can deposit and withdraw at DraftKings. Note that payment methods vary depending on your location, whether you're putting in or taking out money, etc.
DraftKings Payment Method | Deposits? | Withdrawals? | Payout Speed |
Apple Pay | ✅ | ✅ | 1 day |
Bank wire transfer | ✅ | ✅ | Up to 2 days |
Cash at cage | ✅ | ✅ | 1 hour |
Cash at retail stores | ✅ | ❌ | N/A |
Checks | ❌ | ✅ | Up to 3 days |
Credit card (Visa, Mastercard, Discover) | ✅ | ❌ | N/A |
Debit card (Visa, Mastercard, Discover) | ✅ | ✅ | Up to 24 hours |
DraftKings gift card | ✅ | ❌ | N/A |
Electronic gift card | ✅ | ❌ | N/A |
Online banking | ✅ | ✅ | Up to 5 days |
PayPal | ✅ | ✅ | Up to 2 days |
Play+ Prepaid card | ✅ | ✅ | Up to 4 days |
Trustly | ❌ | ✅ | 1 day |
Venmo | ✅ | ✅ | Up to 2 days |
VIP Preferred | ✅ | ✅ | Up to 3 days |
How to Deposit & Withdraw on DraftKings
Adding funds to a DraftKings Sportsbook account after the initial registration deposit is simple. Follow the procedure below:
- Log in to your DraftKings account
- Click the "+" icon next to your account's available funds in the top right-hand corner
- Input the amount of money you wish to deposit
- Select your payment type
- Verify account information as necessary
- Click the "Deposit | $x" button
You've just added more funds to your account that should be available for immediate use.
Remember: you cannot withdraw bonus bets from DraftKings Sportsbook. But, if you're ready to withdraw winnings, there are a few main options.
- Online Banking (1-3 days)
- PayPal (3-5 days)
- Check (1-2 weeks)
Minimum Deposit Amount
DraftKings has set a $5 minimum deposit amount regardless of the deposit method.
Spending Controls
Most legal sportsbooks have self-imposed limiting controls, and DraftKings Sportsbook is no different. DraftKings has brought on an Academic Executive advisor to encourage responsible gaming practices as the sportsbook grows, as well as built-in product features to allow users to set and fine-tune healthy boundaries for themselves.
These are effective ways to stop betting too much if it’s becoming a problem, or being proactive about setting healthy betting limits for yourself. We recommend configuring whatever setup helps you maintain responsible boundaries and educate yourself. The controls DraftKings offers include:
- Player limits: Limit your deposits by day, week, or month of the year. Betting limits are safe and common.
- Self-exclusion: Ban yourself from using the app for a set period.
- Cool off: Prevent yourself from depositing or placing bets for a set period while accessing the app.
In addition to the DraftKings-provided resources, the Action Network has developed bankroll management educational materials to help bettors have fun and establish sustainable behavior.
DraftKings Betting Options and Sports Market Coverage
DraftKings Sportsbook is a market leader in setting odds and offering unique bets. They are often first-to-market, including on NFL props, college football futures, and matchups for golf. Whatever you could think to bet on, DraftKings Sportsbook likely has odds for you.
In addition to pregame bets, DraftKings also offers live wagering on many sports listed. There are many other bet types within each sport, from prop bets, alternate lines on spreads, in-game opportunities, and more.
Available Bet Types
DraftKings Sportsbook is among the leaders in the U.S. for original bet types. In addition to all the popular, standard bets you can get at any sportsbook — point spreads, totals, moneyline, first half derivatives, etc. These include:
DraftKings Mobile App Screenshot | Bet Type & Example |
Point Spreads: Spread betting is a bet on the margin of victory (the # of points won) in a game. This is a screenshot of a spread bet located in the "Popular" bet type tab.
Milwaukee Bucks are -12 over the Bulls in a Point Spread at DraftKings |
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Moneyline: Moneyline betting is when you pick the outright winner of a game or event. In this case, the Bulls or Bucks Bucks are the favorite at -900 to the underdog Bulls at +600 |
|
Totals: Totals, also known as an over/under, are bets on the number of points both teams will combine to score in a game.
Pick either "Over" or "Under" 217.5 for the upcoming Bulls vs. Bucks match up |
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Half Bets: Half-bets or Quarter bets let a bettor treat the first and second half as separate matches. Downloading our app can help you do this with ease.
Moneyline, Spread, and Total bets are shown for just the 1st Half of the Bucks/Bulls game under the "Quarter and/or Halves" tab |
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Prop Bets: Short for a proposition, Prop bets wager that is not directly tied to the final score or outcome.
Player props for individual players to score the first field goal in the Bucks/Bulls game are listed under "Player Props" in the top in-game navigation |
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Futures bets: Futures bets are bets on an event that will be decided in the future (e.g., end-of-season results).
DraftKings lists the Golden State Warriors as favorites to win the NBA Finals at +300 |
These are just some of the standard bet-type options available on DraftKings Sportsbook. In addition to these traditional bets, DraftKings also offers a few featured betting options unique to their sportsbook.
DraftKings Featured Bet Types
Flash Bet
DraftKings Sportsbook is changing the game regarding live in-game betting with Flash Bet. Flash Betting is designed to provide users with an instantaneous result as play happens within a contest. For example, we could bet who will score the next basket in an NBA game. Our bet will either win or lose as soon as the next basket is made. Flash Bet may not be available for every contest, but for those users looking for some quick-play action, this is definitely the way to go.
DraftKings remains No. 1 in our rankings for existing user promotions. Over the last few years, they’ve shifted away from the typical “odds boosts” where they pick the bet, and gone moreso with same game parlay profit boosts (up to 100% the more legs you add), odds surges (i.e. adding +300 to any golf winner), mystery boosts on certain events (anywhere from 20% to 50% on any bet).
Your max bet on these promotions will vary from $5 to $50, but if you value existing user promotions, you should definitely keep money at DraftKings.
Takeaway: Flash Bet is a unique feature to DraftKings that allows users to take live in-game betting to a new level.
Progressive Parlays
DraftKings Sportsbook recently announced a new style of sports betting on their app: progressive parlays. The user can pick between 3-12 over/unders to be combined into this "progressive parlay" on DraftKings.
The unique part of this parlay is that if you lose one or two parts of your leg, you still win something in the end. In DraftKings's example, a sports bettor who picks 10 over/under props and gets them all correct wins at 150/1 odds. If they get 9/10 right, the payout then drops to 15/1. 8/10 correct would yield a payout at +300 odds, 7/10 would pay at -200 odds, and so on.
Takeaway: The progressive parlay is definitely fresh and interesting, and we are excited to try it out, but still wonder if it will be a success for DraftKings.
Pools
DraftKings has created a functionality where users can enter Pools for a fixed price point entry. Wagers are placed against other DraftKings users in the same pool for a specific event. Users compete against each other to win the pool based on the event. The total payout is determined by how many other players are in the pool and the price point set to enter. In many cases, a Pool could feature multiple, or tiered, winners so that prize money will be divided according to the Pool's setup.
There are a variety of Pool types that users can create and enter. Here's a list of the options to look out for:
- Pick 'Em
- Squares
- Brackets
- Survivors
Pools can also be structured in a variety of ways so that no one Pool may be like another, even for the same event:
- Fixed Price or Fixed Number of Entries
- Pari-Mutual with Rollovers (Growing Prize Pool that allows winnings to roll over to the closest player should no one fully meet the winning criteria)
- Pari-Mutual (Growing Prize Pool with at least one winner(s))
Takeaway: Pools are a unique and fun way for users to compete against other DraftKings users rather than betting against the book itself. This is akin to some of fantasy roots that DraftKings is known for, and is a welcome twist to many who use the platform.
Other DraftKings Benefits
Daily Odds Boosts at DraftKings
DraftKings Sportsbook offers daily odds boosts for the biggest sports. Odds boosts are enhanced odds for a given outcome that thus augment potential winnings.
Live Betting at DraftKings Sportsbook
DraftKings Sportsbook does offer live sports betting.
Parlay Insurance at DraftKings Sportsbook
DraftKings Sportsbook offers parlay insurance up to $25 if you ever suffer the ultimate heartbreak of having only one leg of your parlay lose.
Here’s an example of when the DraftKing Sportsbook parlay insurance would come in handy: Say you bet $100 on a three-team parlay with the Dodgers +100, Red Sox +120 and Cubs +200. If the Dodgers and Red Sox win, but the Cubs lose, you would get back $25.
DraftKings Social
When DraftKings first added its “social” feature, I thought it was a big nothing. Why would I want to see all these random bets from random people in a feed? But then my friends created a betting group where we get notifications for all our bets, and it’s created a stickiness for DraftKings among them. They only really want to keep money in 1-2 sportsbooks anyway, and they want to tell our friends what they’re betting without having to text them 1,000 screenshots. So they always opt to bet at DraftKings, even if the price is a little worse than at another sportsbook.
I’m surprised DraftKings isn’t doing more to get users to create and join groups. Betting is very social in the modern age, but it’s likely hard to connect users without DraftKings knowing who knows one another.
Informed Onboarding and Bettor Education
DraftKings offers a "Quick Start Guide" that covers fundamental betting basics for their users: understanding odds, placing a bet, live betting, and a rich glossary resource of betting terminology (e.g., American Odds, bet slip, etc.) and sporting terminology (e.g., Ace, buzzer-beater, etc.) as it relates to their app.
They also offer more in-depth, sport-specific guides with tips and insights for each:
- Football
- Basketball
- Hockey
- Golf
- MMA
- Baseball
Additionally, if DraftKings had outlined sport-by-sport rules, users would have questions.
Security Practices
To help protect sportsbook users, DraftKings has opt-in “strong authentication” that triggers a text message containing a temporary six-digit code that must be entered on any login attempt.
VIP
DraftKings has been reaching out to more and more users about joining its VIP Program. You’ll likely get an email or text message, or you can apply for the program here. A “personal host” will reach out, which makes it seem like a scam to some, but it’s not – they’re just trying to make you feel like you’re truly valued.
DK runs what they call a “VIP Showcase” that’s supposed to demonstrate whether or not your betting patterns and behavior makes you a VIP. If you are accepted, you’ll get any number of benefits, including bonus bets, tickets to sporting events and more. The value you get depends on how much they think you’ll lose.
Here’s how the showcase works.
Week 1: For every $1,000 you bet during the 5-day window, you’ll get $100 in bonus bets. You can earn up to $2,000 in bonus bets, which would mean you need to wager $20,000+.
Hedging against the VIP Showcase is a popular option for users trying to employ +EV betting techniques through “matched betting.”
You’ll want to bet one side of a game at DK, and the other at a different sportsbook that has a close price. There aren’t dozens of these opportunities per day with major markets, so you’ll have to pay close attention to the market.
DraftKings has Yankees -1.5 at +140: Bet $1,000 to win $1,400
BetMGM has Mets +1.5 at -140: Bet $1,400 to win $1,000
No matter what happens in the game, you’ll break even, but you’ll get a $100 bonus bet from DraftKings because you just wagered $1,000.
Action Tip: Only bet main markets (spreads, moneylines, totals) in major sports when employing these techniques. You may get limited betting $1,000+ on small sports or small markets like props. And the easiest way to get limited is to consistently beat the closing line, which will happen far more often with props.
Week 2: Get $100 in bonus bets for every $250 you bet on same game parlays or SGP+ wagers, up to $500 in bonus bets.
Week 3: 15% lossback promotion – receive 15% of your losses back, up to $2,000 in DK Dollars. So if you lose $10,000 in this window, you’ll get $1,500 back.
Similar to Week 1, you can employ the hedging technique and you’ll get back anything you lose at DraftKings in DK Dollars.
DraftKings will then evaluate your play during the showcase, and determine whether or not you’re a fit to be a VIP.
DraftKings Customer Support
If you run into any issues on DraftKings, use the following methods to contact 24/7 customer support:
💬 Live Chat | Go to the DraftKings website and click the speech bubble in the bottom right corner to talk to an agent. |
🙋 Help Center | DraftKings has a Help Center with FAQs so you can quickly find the answers you're looking for yourself. |
📱 Social Media | Tweet (or "X??") at @DK_Assist for help. |
☎️ Phone | You can leave a voicemail or request a callback for phone support. |
If you're old-fashioned, send a letter to the DraftKings help team at 222 Berkeley St, Boston, MA 02116. |
Latest DraftKings Odds
For betting on NFL games and futures, check out the current DraftKings odds below.
NFL Game Odds: New England Patriots vs. Buffalo Bills
Below is a selection of odds for the upcoming NFL game: Updated December 29, 2024 - Odds Provided by DraftKings - Subject to Change
Team |
Spread |
Moneyline |
Total |
(+1) -112 |
-108 |
Over 39.5 (-108) |
|
(-1) -108 |
-112 |
Under 39.5 (-112) |
NFL Futures Odds
Below is a selection of odds for the Super Bowl 2025: Updated December 29, 2024 - Odds Provided by DraftKings - Subject to Change
Team | Super Bowl 2025 |
Kansas City Chiefs | +350 |
Detroit Lions | +400 |
Buffalo Bills | +600 |
Philadelphia Eagles | +650 |
Baltimore Ravens | +650 |
Minnesota Vikings | +1100 |
Additional DraftKings Information
DraftKings Canada
DraftKings officially launched in Canada on May 19, 2022. Ontario is the first Canadian province that allows for legalized online sports betting.
With growing league and team partnerships, as well as a devoted DFS user base in Canada, DraftKings will undoubtedly continue to grow throughout the country as it become more widely available.
DraftKings Partnerships
League Partners
- NFL
- NBA
- MLB
- NHL
- PGA Tour Official Betting Operator
- Premier Lacrosse League Sports Betting Partnership for PLL Championship Series
Team Partners
- NFL: Baltimore Ravens, New England Patriots, New York Giants, Philadelphia Eagles, Pittsburgh Steelers
- NBA: Boston Celtics, Charlotte Hornets, Detroit Pistons, Indiana Pacers, Los Angeles Clippers, Minnesota Timberwolves, New York Knicks, Philadelphia 76ers, Sacramento Kings
- MLB: Boston Red Sox, Chicago Cubs, Colorado Rockies
- NHL: Detroit Red Wings, Los Angeles Kings, Nashville Predators, New York Rangers
*DraftKings is also partnered with LeBron James. He will provide picks on the NFL, college football, and other major sporting events in the near future.
When it comes to NFL betting, we have plenty of resources available to you: NFL Odds, NFL Futures, NFL Picks, and NFL ATS Standings.
If you're more into NFL Props, we also have NFL Props Picks and Touchdown Props!
You can learn more about DraftKings and other sportsbooks by reading our Best NFL Betting Apps and Best NFL Betting Promos reviews!
DraftKings Promo Code: Claim $200 in Bonus Bets for Any Game, Including Saints-Packers MNF
Best TNF Betting Promos: Get Up to $5,000 in Bonus Bets for Broncos vs. Chargers Thursday Night Football
DraftKings Promo Code: Claim $200 Sign-Up Bonus Offer for Bears vs. Vikings, Falcons vs. Raiders MNF, Any Game
DraftKings Promo Code: Get $200 Sign-Up Bonus Offer for NFL Week 15, Any Game
Use the DraftKings promo code No Code Needed to claim one of the following welcome offers:
1) Bet $5, Get $150 If Your Bet Wins + a $50 Bonus Bet on First Deposit! (DC, IA, KS, KY, LA, MD, MI, NJ, NY, TN, VA, VT)
OR
2) Bet $5, Get $150 Instantly + a $50 Bonus Bet on First Deposit! (AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, WV, WY)
DraftKings Sportsbook is legal in the following states:
- Arizona
- Connecticut
- Colorado
- Washington D.C.
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- New Hampshire
- New Jersey
- New York
- North Carolina
- Pennsylvania
- Tennesse
- Vermont
- Virginia
- West Virginia
- Wyoming
Overall, DraftKings has some of the best odds compared to other sportsbooks. Specifically, they have the best odds for college basketball.
Crowns are currency that DraftKings offer their players. They have no cash value but can be redeemed for bonus bets and contest entries. The more you play, the more crowns you earn!
You can access DraftKings customer service here. You can also contact DraftKings through their 24/7 live chat.
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