Visit: Draftkings Sportsbook ($1,000 on sign-up)
DraftKings, the online daily fantasy giant, launched the first legal, mobile, and online sports betting platform in New Jersey in August 2018.
Draftkings Sportsbook operates in the following states: New Jersey, Pennsylvania, Illinois, Indiana, Iowa, Mississippi, New Hampshire, New York, West Virginia, Colorado in various mobile and retail capacities.
DraftKings’ downloadable app gives its users instant access to place a bet anywhere in existing markets. It can also be accessed on a desktop device using the DraftKings website. The ability to utilize not only a desktop but also a mobile application gives DraftKings Sportsbook a big advantage over its competitors.
Personally, I give DraftKings Sportsbook an overall grade of A-.
For reasons further described below, the initial sign-up bonus, an immense selection of sports available to wager on, and sleek design make DraftKings Sportsbook a top-tier choice when selecting where to place your next online sports bet. As a bonus, a user’s sportsbook funds are connected directly to DraftKings’s daily fantasy games, giving users even more ways to play.
Draftkings Sportsbook Promo Code 2020 – for new DraftKings Sportsbook customers only
|Draftkings Sportsbook||Use our exclusive links to unlock free bet lander|
|Risk Free Bet||Up to $500|
|Deposit Bonus||20% up to $500|
|Draftkings Sportsbook Available States (Online)||NJ, PA, Indiana, Illinois, Colorado, Iowa, New Hampshire & West Virginia|
|Last Verified||October 2020|
$500 risk-free bet +Deposit bonus up to $500
- A player’s first deposit (min. $5) qualifies them to receive up to $500 in bonus funds in the form of site credits that can only be used on future DraftKings games.
- Bonus amount is equal to 20% of the initial deposit amount, not to exceed $500. The playthrough requirement for this bonus is as follows:
- For every $25 played on DraftKings in DFS/sportsbook/casino, the player will receive $1 in bonus funds released into their account.
- The playthrough requirement must be met 90 days from the date of the first deposit to receive the maximum bonus.
DraftKings will also give new users a risk-free bet that matches the amount of their first bet in the sportsbook, up to $500. For example, if the first wager is $100, then the free bet is also $100. The free bet must be used within 30 days of the initial bet.
Draftkings Sportsbook promo comparison
One can conclude from the table below that DraftKings’ initial bonus offer not only is very similar to FOXBet but also has substantially more value than some of its competitors.
|Sportsbook||Risk-Free Bet||Deposit Bonus|
|Draftkings Sportsbook||Up to $500||20% up to $500|
|FanDuel Sportsbook||Up to $500|
|Fox Bet||Up to $500||100% up to $500|
|UniBet||Up to $250|
|BetRivers||Up to $250|
Draftkings Sportsbook Reddit Approved
- Visa/Discover/Mastercard debit and credit cards
- Online banking – Deposit directly from your personal bank account with no credit/debit card necessary.
- Play+ Prepaid Card – An instant and free way to fund your DraftKings account using your own bank card. You will get a personalized card in the mail that can be used in all locations where Discover is accepted.
- Skrill – An e-commerce business that allows payments and money transfers to be made through the internet (very similar functionality to PayPal).
- Wire transfer
- Cash – You can visit a participating retail location, generate a barcode, have the cashier scan it, and pay an amount to be deposited to your account (minimum $5, maximum $500).
The withdrawal process at DraftKings Sportsbook differs slightly from some of its competitors.
When making a withdrawal request, note that DraftKings first refunds all deposits made in the last 90 days to the source used in your initial deposit. Once all refundable deposits have been fulfilled, you can select how the remaining funds will be withdrawn – by either PayPal or check.
Here is an example:
- Initial deposit of $50 from Visa card 1234.
- Withdrawal request $200.
- $50 returned to VIisa card 1234. The remaining $150 returned via either check or PayPal.
Where DraftKings gets it right
DraftKings is one of the only sportsbooks that offers both an app and a desktop interface that allows the user to place bets.
The app is user-friendly and provides five menus located at the bottom of the screen. Each one allows the player to easily navigate to different sections of the sportsbook.
DraftKings offers a large number of games in progress that can be easily accessed at the bottom of the app.
The “My Bets” tab gives users an in-depth look at all their bets currently in play, as well as a history of bets they have won or lost. This is an extremely useful function for players who are looking to track their winning percentage.
This tab is also where you can find the “Cash Out” feature. This allows you to settle a wager for a certain value before the event you have bet on has finished. Your bet is not always eligible for early cash-out, but it’s a great feature for someone who isn’t as confident in their bet as they were initially or a way to take what money is offered and guarantee a profit.
Promotions sliding menu
At the top of the app, DraftKings has a sliding menu of fantastic promotions, free contests, and links to the “Plays of the Day.” The Plays of the Day gives users a breakdown of the bets/pools that are available throughout the day. It is a very good place to find some of the more popular events.
Some of the promotions come with substantial value and are updated frequently. A few examples that are currently being offered:
- Free Bet – If you refer a friend to DraftKings Sportsbook and they deposit a minimum of $25, both the referrer and new user will be given a free bet of up to $100. The free bet is valid for up to 30 days.
- Free Private Pools – Free contests where you create an entry and answer a series of questions related to that pool’s category. Some have total prize pools greater than $10,000!
Selection of sports
DraftKings Sportsbook has one of the largest selection of sports that are available to wager on. Throughout the year DraftKings offers wagers on more than 60 different sports. Users can easily find a specific sport using one of the five menus at the bottom of the screen.
Along with betting the sides and totals for a particular game, users can select the game or event they want to wager on and open up a new screen with an entire list of betting opportunities like player props, team props, game props, and live in-game occurrences that are specific to the sport selected.
Players can also use the “Flash Bet” feature which gives players a chance to place very short-term wagers that are paid almost immediately during the next action of that event.
Where DraftKings could improve
As discussed above, when withdrawing winnings from DraftKings, they first refund all deposits made in the last 90 days to the source used in that initial deposit. This can cause some issues for users. One instance where this can be a problem is if you no longer have access to a card you used to deposit, making it necessary to contact their customer service for resolution and delaying the process.
It is my hope that they can update these terms so that a withdrawal is not split into two amounts.
Draftkings Sportsbook Review Rating
|Draftkings Sportsbook||Editors Rating|
If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).
Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA).
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