? DraftKings Sportsbook US

DraftKings, a giant in the American sports betting industry, has been making massive waves in the recent years. After DraftKings DFS captivated the hearts of American players, the brand was in an optimal position to expand its operations beyond Daily Fantasy Sports.

DraftKings online sportsbook initially launched in 2018. At first, the betting platform was carefully testing waters by only providing services in New Jersey. Now, as of 2024, they’re available in most – if not all – regulated online sports betting states. DraftKings has established its position as one of the biggest sports betting sites in America and a household name for sports bettors across the country.

DraftKings promo code

Ready to start your sports betting journey with DraftKings? Make sure to claim the sign up offer of $200 bonus bets through our link – no DraftKings bonus code required!

? DraftKings Promo Code: Bet $5 Get $200 in Bonus Bets Instantly 2024

DraftKings Sportsbook upgrades their welcome bonus offers for new players quite frequently. Currently, DraftKings offers new customers a Bet $5, Get $200 offer. Like with most DraftKings promotions, you can claim the new player bonus through our link! Note that the offer is for new customers only.

?? DraftKings Sportsbook Welcome Bonus Bet $5, Get $200
?? Bonus Code Use Our Link
?? Minimum Deposit $5
?? Wagering Requirements 1x
?? Sports Offered 20+
?? Last Updated October 2024

Claiming the promo code is simple. Visit DraftKings, create a new DraftKings account, and make a qualifying wager of $5. Make sure that you place your first bet with qualifying odds during the promotional period. Once your bet settles, you’re rewarded with $200 bonus bets immediately! Refer to Terms and Conditions for further information.

This offer is only available for new DraftKings Sportsbook customers. If you’ve already claimed a welcome bonus, don’t worry! You can still check the ongoing sportsbook promotions on the DraftKings app or website.

? Available States

More often than not, DraftKings Sportsbook is either the first or among the very first sportsbooks to launch when a new state goes live. Currently, it’s available in all regulated online sports betting states, unless a state has an exclusive agreement with a sole operator (like BetRivers in Delaware). So, if you’re currently residing in a state that has licensed online sportsbooks, it’s safe to assume that you have access to DraftKings sportsbook as well.

The latest state that saw a DraftKings sportsbook launch was North Carolina in early 2024.

DraftKings DFS

DraftKings’ DFS platform can be accessed by the majority of US players. DFS isn’t online gambling, and therefore isn’t subject to similar regulations as online sports betting. That said, some states have placed limitations to daily fantasy sports. DraftKings DFS is not available in the states of Hawaii, Idaho, Montana, Nevada, Oregon, or Washington.

? DraftKings Sportsbook App

DraftKings offers probably one of the best sportsbook apps in the markets. Available on Android and iOS devices, the DraftKings Sportsbook app makes betting on the go easier than ever. The DraftKings app is clean and easy to navigate, and you can find all the odds and betting options that are available on the desktop as well.

You can find the DraftKings app on the Google Play Store and the App Store. The app has been rated 4.6 and 4.8 out of 5, respectively, making it easily one of the most-liked sportsbook apps in the industry. Still, the app is behind the likes of FanDuel, so there’s still some catching up to do!

? DraftKings Sportsbook Banking Methods

Like their daily fantasy sports unit, DraftKings Sportsbook offers multiple ways to deposit and withdraw money. The payment methods aren’t universally the same in all of the states, so check the banking methods available on the app. Below, we’ll introduce all of the payment methods available at DraftKings.

Deposit Methods

  • Apple Pay
  • Bank Wire Transfer
  • Cash at Cage
  • Cash at Retail Stores
  • Credit Card
  • Debit Card
  • DraftKings Gift Card
  • Electronic Gift Card
  • Online Banking
  • PayPal
  • Play+ Prepaid Card
  • Venmo
  • VIP Preferred (e-Check)

Of all the options available, electronic wallets, bank wire transfer, and online banking are the most convenient. If you have a DraftKings DFS account, you can also transfer funds from your fantasy sports account to the DraftKings sportsbook account. To transfer your funds, you must play through your deposit. For example, to transfer $20 to the Sportsbook, you must spend at least $20 on DFS contests.

Credit cards, debit cards, and bank transfers are high on the scale of convenience. However, an annoying issue has made this deposit method unusable for some customers. While the 2018 court decision to repeal PASPA (Professional and Amateur Sports Protection Act) allowed online sports betting in New Jersey, some banks took their sweet time updating their policies on this matter. As a result, some banks were blocking transactions to online sportsbooks. Additionally, bettors in states like Tennessee have limitations on credit card payments.

If you have any trouble with deposits, contact DraftKings live chat support. They will work with you to help fund your account.

Withdrawing Options

  • Apple Pay
  • Bank Wire
  • Cage
  • Checks
  • Debit Card
  • Online Banking
  • PayPal
  • Play+ Prepaid Card
  • Trustly Verified Withdrawals
  • Venmo
  • Vip Preferred (e-Check)

DraftKings Sportsbook offers approximately as many withdrawal options than deposit options. If your bank allows transactions to and from online sports betting sites, you can set up a bank transfer. Is this method not available to you? Then, you have various other methods, such as PayPal, receiving cash-in-hand from the cage at Resorts Atlantic City or similar, or receiving a paper check.

There are always slight delays in withdrawals. If you’d like to have winnings in your bank account as soon as possible, opt for methods with little to no delay like online banking or PayPal – you should have your money within 24 hours. Paper check via snail mail is the slowest by far – allow two weeks for delivery.

? Bets Offered on DraftKings Sportsbook

Several types of wagers are accepted on DraftKings Sportsbook. Sports betting markets at DraftKings include:

  • Moneyline bets
  • Parlay bets
  • In-game bets
  • Spread bets
  • Over/Under bets

Moneyline

Of all the wagers available on DraftKings, moneyline bets are the most straightforward. When you make a money line bet, you are wagering on who you think will win the game – period. Payouts vary on whether your selection is a favorite or an underdog. As you might expect, favorites are more likely to win but pay out less than underdogs.

Parlay

Want to multiply the winnings on your bet slip? Put together a parlay bet. Consisting of two or more separate wagers, the odds of each outcome are combined. To collect winnings on parlays, you must win all the bets made in a parlay. Of course, you’re less likely to do so with each contest added, but if you manage to win all bets, you’ll make a ton of cash.

In-Game Bets

Missed betting on a team before the game, but want to wager? With in-game betting or live betting, you can! From betting on which side will win the 3rd quarter to the total number of runs scored, the live betting possibilities are endless.

Spread Bets

Want to add a touch of complexity to typical money line bets? Opt to bet the spread. In this form of wagering, the favored team has a handicap placed on it. For example, if the New England Patriots are favored to win by a touchdown (+7), they must win by more than seven points to ‘cover the spread.’

If you bet on the Patriots +7 and they win by three, you lose. Did they win by a touchdown? DraftKings will deem the bet a ‘push,’ which refunds your stake. If they complete last-minute two-point conversion to win by 8, though, that counts as a win for you.

Totals and Over/Under

Finally, over/under bets are a fun way to wager on a game. For example, let’s say you’re watching MLB – let’s say the Dodgers and the Giants. If the over/under on total runs scored is ten, betting the under is wise if you think it’ll be a tight game. If the final score is 5-4, 3-1, or 2-0, you win all those outcomes.

? Betting on DraftKings Sportsbook in the USA

Now that you know all about the different kinds of bets, it’s time to place your first wager. After logging in, your home screen will contain the day’s featured games. If you’d like to bet on something else, pick on your favored sport in the menu bar.

Next, you’ll find a list of the day’s games in your sport of choice. The client will typically show two options – the spread and money line bets. If a match is in progress, you’ll also have several live betting options. Choose on your preferred option, and the client will add it to your slip. Want to bet a parlay? Pick the ‘Parlay’ tab above the betting slip to wager on multiple contests.

Take a second to review your selections. If everything looks good, enter the amount you wish to bet, then proceed with the ‘Place Bet’ button. Keep in mind that once you click the ‘Place Bet’ button, you cannot cancel your selection. On the daily fantasy sports side of DraftKings, you can edit or cancel selections up to 15 minutes before game time. On the sportsbook side, you do NOT have this option, so beware!

? DraftKings Casino Bonus

DraftKings operates a DraftKings Casino in New Jersey, Michigan, Pennsylvania, and West Virginia. The current DraftKings online casino bonus for new players is Play $5, Get $50 Casino Credits Instantly.

DraftKings Casino Casino Bonus Details
Welcome Bonus Play $5, Get $50
Bonus Wagering Requirements 1x
Bonus Code Not required
Minimum Deposit $5

? Conclusing Our Review

DraftKings Sportsbook is, without a doubt, one of the best online sportsbooks in the United States. The welcome bonus changes frequently, there is a wide range of betting markets, and the DraftKings app is among the best we’ve tried. Moreover, DraftKings offers various ongoing promotions like odds boosts, plus the betting app is always among the first ones to launch in a new regulated betting state.

While we appreciate the fact that DraftKings updates their offers frequently, there are also some downsides to it. As the welcome bonus changes often, there is a chance that a new player registers a betting account and claims the current welcome bonus, only to witness the bonus being changed to a better one a few weeks later. These situations are unfortunate and happen more frequently with sportsbooks that tend to change their offers often.

? DraftKings Sportsbook Q&A

Is DraftKings Sportsbook legal and legit?
Yes, you can place bets with DraftKings sportsbook essentially in all states that have legalized online sports betting. Note that this doesn't cover all of the states; unlike daily fantasy sports, sports betting is still not legalized and regulated in the majority of states.
Where is DraftKings Sportsbook legal?
DraftKings is available on all regulated online sports betting markets. DraftKings sportsbook has claimed its spot as one of the biggest sports betting platforms in the United States. DraftKings is the most remarkable operator throughout the country right along with their DFS nemesis FanDuel Sportsbook.
Can I play daily fantasy sports on DraftKings Sportsbook?
No. While DraftKings is best known for offering daily fantasy sports, you won't find it on their sportsbook. If you want to play DFS, head over to their main site at DraftKings.com.