DraftKings Promo Code | Bet $5, Get $150 in Bonus Bets - Instantly!

DraftKings Sportsbook Promo Code & Review June 2024

9.2/10
Book Header Corner Image

No DraftKings promo code is required to unlock this new user offer: Bet $5, Get $150 in Bonus Bets - Instantly! 

DraftKings is a market-leading sportsbook with a sleek mobile interface, new live betting offerings, and industry-leading sign-up promotions with bonus bets for sports bettors. The DraftKings Sportsbook also features the best overall average pricing compared to other online sportsbooks across major betting and sports markets.

DraftKings New User Promo Key Takeaways for June 2024

DraftKings Sportsbook Promo Code:

No DraftKings promo code needed

DraftKings Promo Details:

Bet $5, Get $150 in Bonus Bets - Instantly!

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, CT, CO, NH, IL, IN, IA, LA (selected parishes), ME, MD, MI, NJ, NC, NY, PA, TN, VA, WV, WY

Will launch in Vermont in early 2024

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 (1-800-426-2537) (CO/IL/IN/KS/LA/MD/ME/MI/NJ/NC/OH/PA/TN/VA/VT/WV/WY), (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY) Must be 21+. Full T&C apply. Gambling problem? Call 877-718-5543 or visit morethanagame.nc.gov

Last Verified On:

June 22, 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 from their sign-up offers, ongoing bonuses, and loyalty promotions. Deposit bonuses vary in the amounts awarded to customers, and DK is definitely on the high side. For our DraftKings sportsbook review, we took the most important statistics and information and shared it below.

What to Bet on This Week

Promotion Terms & Conditions

  • No DraftKings Sportsbook promo code is needed for sports bettors 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, CT, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV (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.

North Carolina

Legal online North Carolina sports betting is now live as of March 11. As expected, DraftKings is among the first of the North Carolina sports betting apps to be available for state residents and visitors. Learn more by reading our DraftKings North Carolina promo code and review.

Maine

The sportsbook launched in Maine on Nov. 3rd, 2023. As of right now, DraftKings Sportsbook and Caesars Sportsbook are the only mobile betting options in the state, so it is possible for sports bettors to use a DraftKings bonus code there.

Stay up to date and keep track of all of the states with legal sports betting to see what the status of legal mobile sports betting is in your location.

Odds Boosts for June 22, 2024

NFL

  • No NFL Boosts Today

NBA

  • No NBA Boosts Today

WNBA

  • WNBA 50% SGP(X) BOOST: Get a 50% Profit Boost to place on a 3+ Leg WNBA SGP/SGPx bet today!

NHL

  • FLA VS. EDM SGP BOOST: Get a Boost on any 3+ Leg SGP in tonight's Panthers vs Oilers game!
  • GIFT SUPER BOOST, BROUGHT TO YOU BY B/R BETTING! Get 'Goal in First Ten' minutes in Panthers vs. Oilers, boosted to +110!

Soccer

  • DRAWBREAKER: Wager on a team to win their match and get your bet back as a bonus bet if the match ends in a draw! 

MLB

  • BARSTOOL +200 HR ODDS SURGE: Get a +200 Odds Surge to use on any player to hit a Home Run in today's MLB games!
  • MLB STEPPED UP: Build your MLB Parlay, SGP or SGPx and get up to a 100% Profit Boost!

PGA

  • TRAVELERS CHAMPIONSHIP MYSTERY PROFIT BOOST: Get up to a 50% profit boost on any bet on the Travelers Championship!

UFC

  • No UFC Boosts Today

NCAA

  • No NCAA Boosts Today

Tennis

  • No Tennis Boosts Today

Ongoing DraftKings Sportsbook Offers

Refer a Friend Bonus

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. Bonus Bets or only valid for seven days after being issued. Referral bonuses are not available for cash withdrawal or transfer between accounts.

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 Sportsbook Sign-Up Process

If your DraftKings Sportsbook account can’t verify your identity using these details, it may ask you to submit other proof of identity, like a photo of your license or passport. Generally, the verification process has been smooth in our testing. 

No DraftKings Sportsbook promo code is needed to sign up for the DraftKings sports betting app or bonus bets. To create a DraftKings account, you must provide your:

Step 1. Visit DraftKings and press on "Sign Me Up" and select your state to begin the registration process. 

Step 2. Enter your details:

  • Username
  • Email
  • Password
  • Promo code (optional)
  • Confirm your eligibility (Must be 18, 19 or 21 years old in select states)
  • Name
  • Date of Birth
  • Last four digits of your SSN
  • Home Address

Step 3. Add your mobile phone number and accept the Terms of Use and Privacy Policy.

Step 4. Confirm your location by downloading the GeoComply plugin, which is used to securely verify your location each time you use DraftKings Sportsbook.

https://assets.actionnetwork.com/380530_sign-up-deposit-flow-draftkings.png

Step 5. Make your initial deposit using an eligible payment method

Step 6. You're ready to place a bet! 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. 

Step 7. Click the bet cell that you are interested in. The bet you selected will be listed in the bet slip, but it is up to you to enter the wagering amount. A numeric keyboard default makes this easy and smooth. When you've added your desired bets, press "Place Bet" to submit your wager.

Step 8. Wait for results. If your bet loses, you'll see your account balance increase. This is visible in the upper right-hand corner of the app. If your bet loses, your account will not change as your wager amount has already been withdrawn.

DK Header

If you want additional insight into responsibly managing how and how much you bet you bet, please review our sports betting mistakes to avoid.

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 19 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.

Arizona

Arizona launched online sports betting in September of 2021, allowing DFS for the first time. DraftKings Sportsbook quickly moved into both spaces to become a market leader.

Colorado

Colorado has the most sportsbooks of any state in the country due to its operator-friendly legislation, and DraftKings Sportsbook is still a market leader there. This online sportsbook is one of the most popular in the state.

Connecticut

Connecticut allows just a handful of sportsbooks but DraftKings is one after partnering with Foxwood Resort Casino, owned by the Mashantucket Pequot Tribe.

Illinois

Illinois originally planned to require in-person signups for the first 18 months that sports betting was legal. But COVID-19 derailed those plans, initially meant to give Rush Street Interactive (parent company of Rivers, which has a strong casino presence in the state) a head start over DraftKings and FanDuel. Our friends at Bleacher Nation have DraftKings as the top sportsbook in Illinois.

Indiana

Indiana actually introduced HB1015, its sports betting bill, before the Supreme Court even overturned PASPA. That made the Hoosier State one of the first to offer online betting in October of 2019.

Iowa

Iowa originally required in-person signups but lifted that in 2022.

Louisiana

Louisiana is a more recent entrant into the U.S. sports betting space. DraftKings's online sportsbook is available in certain parishes. 

Maine

The state of Maine launched sports betting on Nov. 3, 2023. Caesars Sportsbook and DraftKings sportsbook were the two first to be in the state. 

Maryland

As of 2022, DraftKings Sportsbook is live in the state of Maryland! This state has been a popular one for DraftKings Sportsbook and their bonus bets offers.

Massachusetts 

DraftKings was one of the many books that went live in Massachusetts on March 10th, which is one of the largest and most competitive sports betting markets in the U.S.

Michigan

DraftKings operates its online sports betting and casino platform in Michigan. It is one of the few states where you can sign up and get bonus bets at DraftKings Sportsbook and casino credits from DraftKings Casino.

New Hampshire

DraftKings has a monopoly as the only operator in New Hampshire. The state essentially ran a bidding process to see which operator would give up the most revenue to the state, and DK "won" at 51%, giving it exclusive rights.

New Jersey

The first state to launch sports betting, New Jersey quickly allowed many books. But FanDuel has widened its lead over DraftKings. This is another state that has both DraftKings Casino and DraftKings Sportsbook available.

New York

New York awarded just eight licenses originally, but DraftKings Sportsbook was there on Day 1. If you're a bettor looking for more information about some of the other top sportsbooks in New York, check out our Best NY Sports Betting Apps page for everything you need to know about wagering in The Empire State.

North Carolina

DraftKings was among the first eight North Carolina betting apps to launch on March 11. You can now place bets with DraftKings North Carolina!

Ohio

Ohio was a big prize for sportsbooks like DraftKings when it launched on New Years Day in 2023. It has been one of the biggest states for sports betting in the year of 2023, as many Ohioans enjoy signing up to DraftKings Sportsbook for their bonus bets and boosts. 

Oregon

DK also has a monopoly in Oregon. The state switched from a lottery-run app to DraftKings in early 2022. 

Pennsylvania

Pennsylvania has a high barrier to entry due to its licensing fee, so only the biggest books are available there. DraftKings Sportsbook has a big presence there since it is a big sports state. This is another state that benefits from the DraftKings Casino as well.

Tennessee

Tennessee only awarded a handful of starting licenses, but DraftKings was one. DraftKings Sportsbook promos like bonus bets go a long way in this state with many pro and college teams to wager on.

Virginia

Virginia has an average barrier to entry so it's got a dozen sportsbooks, with DraftKings one of the market leaders.

West Virginia

West Virginia is one of just a few states with online sports betting and casinos. DraftKings Sportsbook and DraftKings Casino are both there, so sports bettors can try out the DraftKings Casino promo too.

States Coming Soon

DraftKings, along with other sportsbooks, will have their eyes on the following states where legislation has either been recently legalized or could be soon. Be sure to stay up-to-date on these states' sports betting legislation if you are a resident of these places. 

Vermont

The state of Vermont legalized sports betting in 2023, and are planning to launch mobile sports betting in early 2024. A DraftKings promo code with bonus bets is likely to hit the state sometime soon.

Nebraska

Online sports betting was approved by Nebraska voters in November 2021. In addition, a regulatory bill was recently signed into law that will allow for retail sportsbooks to operate within the state. However, this bill only allows for in-person sports betting at this time.

Read more about how DraftKings DFS compares to another DFS operator — PrizePicks — in our PrizePicks vs. DraftKings review.

DraftKings Casino 

The DraftKings Casino is one of the most popular online casinos available in legal states. The online casino is available in New Jersey, Connecticut, Michigan, Pennsylvania and West Virginia. Popular games like blackjack, slots, poker and more are available there today. The DraftKings Casino promo code right now can get users different options when signing up.

DraftKings Mobile App Screenshots

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 sportsbook review to see what one of the most popular sports betting options has to offer.

DraftKings 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. 

Meet the DraftKings Sportsbook App Review Team

Action Network evaluated DraftKings through in-house testing, data analysis, and input from our experienced handicappers:

Vegas Refund Expert Logo

The Vegas Refund Twitter Logo

The Vegas Refund is an experienced bettor with 6.2K total bets in the Action App and 112.K app followers (June 2024). Favorable pick records include NFL, NBA, and NCAAF.  

Steven Petrella Headshot

Steve Petrella Twitter Logo

Steve Petrella is a lead Action Editor with an affinity for NHL and College Football Betting. He is also the author of much of the educational content on Action Network.

Mobile App Review Categories

Our Action Network experts analyzed several vital categories that can make or break the DraftKings sportsbook app:

DraftKings 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

Logging In

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 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.

How straightforward is finding and browsing betting markets?

The DraftKings Sportsbook app gives users intuitive navigation, enabling bettors to easily find leagues, contests, and betting markets of interest. We evaluated navigation in two buckets: organization and in-app search.

Organization

Logging into the DraftKings app, all of the day's relevant games are below their promotional carousel. A few navigation options are available near the top of the page for those looking to bet on a specific league. The 'sticky' bottom navigation bar is another helpful tool to access live in-game action quickly, your bet slip, active promos, and another sports league filter. 

One thing that our experts love about the DraftKings Sportsbook navigation is its double navigation bar within particular sports. The top navigation has the basic market information like game lines, player props, quarter/halves data, etc. Then within each of those options, you can select a specific market across all of the league's games on a single screen. This is an absolute game-changer for people who love to bet a particular prop or a niche market across contests. As an example, if you know you want to bet touchdown scorers anytime in all 11 NFL games on a particular Sunday, you simply have to select the touchdown market option to see every single game for the day. 

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. 

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.

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.

DraftKings Logo FanDuel Sportsbook Logo Pointsbet Sportsbook logo Caesars Sportsbook Logo
~4 Games 4.5 Games 4 Games 3 Games 3 Games
DraftKings Game Screen FanDuel Game Screen BetMGM Game Screen PointsBet Game Screen Caesars Game Display Screen

Final Verdict: Great. The DraftKings Sportsbook mobile app can display up to 4 games at once without scrolling. 

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.

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 LogoApple App Store Reviews

#7 in Sports - 4.8/5 Stars - 726.1K Ratings (June 2024) - Download at Apple App Store

iOS User Positives Plus icon positive app feedback iOS iOS User Negatives Negative icon android user feedback

Sleek Layout: Users love the dark background that helps highlight the green-colored odds and numbers. The quick links scroll near the app's top, giving users easy access to the sports they are looking for.

Customer Support: Many users have had problems with the support team.

Beginner's Friend: Newer users have an easy time navigating through the app, placing bets, and keeping track of everything in their accounts. The non-stop promotions and bonus bets also keep users energized and engaged.

Deposits: DraftKings Sportsbook users have found it hard to get money into their accounts and therefore can’t bet on games, which can be frustrating when trying to place a last-second bet.

Partnerships: Users like knowing that they’re using a legitimate/high-end app, considering DraftKings is an official sports betting partner of the NFL.

Withdrawal Process: Some users have complained about being unable to withdraw money into the same bank account they had previously deposited money from.

Google Play Logo Google Play/Android Store Reviews

4.6/5 Stars - 149K Ratings (June 2024) - Download at Google Play Store

Android User Positives Plus icon positive android feedback Android User Negatives Negative icon android user feedback

Navigation: No matter the OS, DraftKings users have an easy time navigating the app and using their bonus bets.

Customer Service Shortfalls: Android users report having to email customer service and not seeing a phone number to call for help.

Promotions Galore: Daily promos and boosts have DraftKings atop the sports betting landscape.

More Bugs: Whereas iOS users typically have a more fluid time on DraftKings, Android users appear to be dealing with more bugs and glitches in the app.

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DraftKings Pricing vs. Other Sportsbooks

While sign-up offers, bonus bets, promos, and user experience are crucial factors in selecting a sportsbook, experienced bettors are often worried about the price.

    Sport Pricing Analysis

    As a savvy sports bettor, line shopping across books is a valuable process to engage in. We've made some of these comparisons for you to help illustrate the value of line shopping, and the best sportsbook for different bet types and sports, on average. 

    Sportsbook Pricing Analysis parameters:

    • Data collected from 1/1/2022-8/1/2023
    • Used closing odds (the odds 30 minutes before game-time) in calculations
    • Each data point is the average book-edge for the month
    • Each # is represented as a percent of the book's edge

    The book with the lowest average book edge has the best price. It means that book is keeping less on every bet than their competitors.

    Best Pricing: Sportsbook Edge Averages by Sport (All Markets)

    Action Network Logo DraftKings Logo FanDuel Sportsbook Logo Pointsbet Sportsbook logo Caesars Sportsbook Logo
    NFL 4.38 4.62 4.89 5.59 4.92
    NBA 4.50 5.02 4.75 5.37 5.35
    MLB 5.34 3.60 3.45 3.54 5.80
    NCAAF 4.61 4.80 4.17 5.46 5.00
    NCAAB 5.49 5.00 5.03 4.98 5.48
    Total 5.27 4.66 4.64 4.82 5.40

    Action Network check mark Pricing Analysis Summary:

    • DraftKings has the best pricing for NFL and NBA, but the second highest total overall pricing across all sports.
    • DraftKings is also middle of the pack for NCAAF, which is likely to drive a high volume of players.

    Action Network check mark Pricing Analysis Summary by Market:

    • Moneylines: Overall, DraftKings offers the second-worst average pricing across sports markets (4.56) for moneyline bets, beating out only Caesars (4.72). Despite having one of the worst overall moneyline edge prices, DraftKings does beat out competitors in NFL (3.97) and NBA (4.05).
    • Spreads: If you like betting the spread, DraftKings is an iffy proposition. Once again, it ranks second to worse in average total spread pricing at 5.59. However, spread betting is most popular in football, and DraftKings has the best spread pricing for NFL and NCAAF
    • Totals: DraftKings ranks the second worst yet again in overall totals edge average. The numbers are deceiving once more though as it has the best pricing for NFL, NBA, and NCAAF totals. MLB and NCAAB totals numbers skew the total pricing for DraftKings. 

    DraftKings Cashiering

    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. 

    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)

    Deposit Options

    Depositing funds into DraftKings is made simple by their variety of available methods. Whether users prefer online banking or more niche options, DraftKings has you covered. Here are all the ways to deposit money on DraftKings: 

    • Online Banking: Online banking allows customers to choose an amount to deposit and then authorize the transaction by logging in to their bank account using their existing online banking credentials. 
    • PayPal: PayPal is an e-wallet that DraftKings Sportsbook customers can use to send money and receive withdrawals while protecting their private information. Some bettors may find PayPal especially useful for keeping their betting bankrolls separate from their other money.
    • Venmo: Another e-wallet allows users to deposit funds directly into their DraftKings account.
    • Credit or Debit Card: DraftKings accepts Visa, MasterCard, or Discover.
    • Wire Transfer: This options allows users to transfer funds directly from their bank accounts in 1-2 business days.
    • Electronic Gift Cards: DraftKings accepts Visa, MasterCard, or Discover gift cards. Users can also redeem DraftKings gift cards for depositing funds as well.
    • eCheck: This option is only available through VIP preferred accounts
    • Cash: Cash is only an option via barcode at participating retail locations or in-person via participating cage locations.
    • Prepaid DraftKings Card (Play+): This option is available through Play+ accounts.

    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 App Screenshot Bet Type & Example
    DK Spreads

    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

    DK Moneyline

    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

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    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

    DK Halves 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

    DK Prop Bets 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

    DK Futures 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.

      Flash Bet

      Action Network check mark 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. 

      Action Network check mark 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))

      Action Network check mark 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. You can find those in-game odds here.

      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 

      One thing that DraftKings offers that our experts did not see across any other sportsbook is a social feature. DraftKings Social allows users to Friend or Follow other users within the app. Friending another user subscribes you to see the other person's bets, contests, and more within the app. The other user must approve this request. Following someone else allows you only to see what they post publicly

      Essentially, DraftKings is trying to create an in-app community similar to a social media network. While our experts saw this as a neat add-on, it does not do much to enhance the betting experience. Our thought was that DraftKings Social could be valuable to follow those big-time bettors to track their action and potentially follow suit. Otherwise, this is simply a fun gimmick.

      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:

      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 VIP Program is a by-invitation-only initiative that rewards loyal sports bettors. VIPs have reported an alternate (re: extra-responsive) email address for support issues, offers to exclusive promotions, and sometimes, even real-time sporting event invitations.

      DraftKings Customer Support

      DraftKings provides the following methods of Customer Support:

      • Interactive DraftKings Help Center: https://help.draftkings.com/hc
      • Support form submission
      • Live Automated Chat feature

      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 

      DK Dynasty Tiers

      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 here.

      ---------------------------

      Latest DraftKings Odds

      For betting on MLB games and futures, check out the current DraftKings odds below.

      MLB Game Odds:  Baltimore Orioles vs. Houston Astros

      Below is a selection of odds for the upcoming MLB game: Updated June 22, 2024 - Odds Provided by DraftKings - Subject to Change

      Team

      Spread 

      Moneyline

      Total

      Baltimore Orioles

      (-1.5) +105

      -162

      Over 8.5 (-115)

      Houston Astros

      (+1.5) -125

      +136

      Under 8.5 (-105)

      MLB Futures Odds

      Below is a selection of odds for the MLB 2024 World Series: Updated June 22, 2024 - Odds Provided by DraftKings - Subject to Change

      Team World Series 2024 Winner
      LA Dodgers +320
      NY Yankees +450
      PHI Phillies +600
      BAL Orioles +800
      ATL Braves +800
      SEA Mariners +1100

      Additional DraftKings Information

      Canadian flag DraftKings Canada 

      DraftKings officially launched in Canada on May 19, 2022. Ontario is the first Canadien 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

      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.

      DraftKings News
      • DraftKings Stock Booms After Favorable Earnings Report

        Darren Rovell
        Aug 4, 2023 UTC
      • DraftKings’ Attempt to Buy PointsBet Collapses, Fanatics Set To Become New Owner

        Darren Rovell
        Jun 28, 2023 UTC
      • DraftKings Makes 11th-Hour, $195M Bid to Undercut Fanatics, Acquire PointsBet

        Darren Rovell
        Jun 16, 2023 UTC
      • Rovell: DraftKings Users Hacked

        Darren Rovell
        Nov 21, 2022 UTC

      Steve Petrella is the deputy editor for Action, supervising all written content across the website and best-in-class mobile app. He began his career at Sporting News, where he eventually oversaw the Linemakers. Steve then went to Cox Media Group, led content strategy for several college football websites, and even appeared on a live betting stream. In 2018, he joined Action Network as its college football and college basketball editor and worked his way up.

      More from Steven Petrella
      DraftKings Sportsbook FAQs
      What is the best DraftKings promo code?

      No DraftKings promo code is required to claim this welcome offer: Bet $5, Get $150 in Bonus Bets - Instantly!

      Where is DraftKings Sportsbook legal?
      Does DraftKings have the best odds?

      Overall, DraftKings has some of the best odds compared to other sportsbooks. Specifically, they have the best odds for college basketball.

      What are DraftKings crowns?

      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!

      How do I contact DraftKings Customer Service?

      You can access DraftKings customer service here. You can contact DraftKings by chat or email.

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