100% match bonus on all initial deposits up to $200!
- Five deposit options, including credit/debit cards, ACH and third-party applications
- $5 minimum for all deposit options
- Money available immediately to use
- One of the best sign-up bonuses
- Excellent mobile app
- Variety of lines available
- Email support
- 24/7 customer support
- Phone support if you fill out a form
- Play+ Prepaid Card
DraftKings has long been one of the leaders in the Daily Fantasy Sports world, and when sports betting was legalized in the U.S., the company pounced quickly. It became the first company to offer legal sports betting in the state of New Jersey in August 2018.
Because the company already had a robust online platform set up for its Daily Fantasy Sports offering, it was easily able to roll out an online sports betting platform that was impressive and easy to use. To this day, DraftKings is one of the most popular online sportsbooks in the state of New Jersey.
Read on for a more detailed review of every aspect of the DraftKings sports betting platform.
DraftKings offers one of the best signup bonuses of all online sportsbooks. They offer a 100% match on all initial deposits up to $200. This is a great sign-up offer, as it gives new players a bonus for doing nothing more than signing up to wager on the site. You can cash out this bonus money once the play-through requirements of the site are met. Basically, you’ll need to be on an additional game of the same amount as you did your first bet in order to cash this bonus money out.
Additional Sports Betting Promos
DraftKings also offers a number of other promos. They offer a Refer A Friend bonus where you and the person you refer can each earn $50 in free bets if you refer the friend through their site.
DraftKings also offers ongoing Free Bet promotions for specific events as they happen. For example, the site is offering $1 DraftKings dollar for every goal the USA Women’s soccer team scores during the upcoming World Cup. The site is also offering a Free Bet equal to the number o faces your selected player scores during a semi or finals match of the French Slam.
DraftKings also offers ongoing Special Odds Boosts each day. Check the Promos tab on the site to see which sports are being featured in the Special Odds Boosts each day.
DraftKings offers a decent number of deposit options to their site, but they don’t offer nearly as many withdrawal options as some other online sportsbooks do. The other nice feature is that you can use your winnings from your DraftKings Daily Fantasy Sports account in the sportsbook, and vice versa.
Each one of DraftKings’ deposit options comes with a $5 minimum and $2,000 maximum. You can request to increase your maximum allowable deposit by submitting a form on the cashier page of the website as well.
DrafKings offers deposits via Visa and MasterCard credit and debet cards, as well as bank transfers. The one thing with DraftKings, unlike other sportsbooks, is that you’ll have to type your banking routing number and account number into the site, as the company doesn’t have direct agreements with financial institutions to offer a direct portal.
You can also use a few third-party applications to make a deposit at DraftKings. The most popular would be PayPal, but you can only use this option if you have a bank account connected to your PayPal account. You can also use a Skrill account or a Play+ Prepaid Card to make deposits.
Your deposited money should be available right away once it has been completed and verified.
Withdrawal Methods & Payout Times
DraftKings only has limited withdrawal options available, which is one of its biggest downfalls. Currently, you can only make a withdrawal via check, PayPal, ACH and a pickup at a casino cage at the Resorts Casino in Atlantic City.
DraftKings only recently made available the option to withdrawal via PayPal, too, so they were behind the times on that as well. Typical withdrawals take approximately 72 hours at the most to process.
One of the biggest benefits to betting at DraftKings is the wide variety of sports and bets they offer. They offer betting on the following sports:
• College football
• College basketball
• Rugby Union
• International soccer
In addition, DraftKings offers a number of special events that they will highlight, which currently includes the RBC Canadian Open, the French Open and the UEFA Nationas League.
While DraftKings sports offers a plethora of lines for a wide variety of sports and games, the biggest complaint most users have is that the lines and odds aren’t as favourable to players as they are at some other sportsbooks. For example, some MLB lines and odds end up being as much as 20 to 30 cents worse at DraftKings than at other sportsbooks. This is one thing you should keep an eye on if you plan to play at DraftKings. Make sure you are getting the best odds before placing a bet.
Other features of DraftKings include a Cash Out feature that allows you to cash out your bet while a game is still going on. This would allow you to mitigate your losses if the game isn’t looking in your favor, or capitalize early on a win if you are worried the outcome might change. In fact, DraftKings was one of the first sportsbooks to offer this feature.
Betting on Other Markets
DraftKings doesn’t offer betting on any other markets right now, but the site does offer sports pools through their mobile apps. It’s not something that is available on the desktop version yet, but it is apparently a feature that is coming soon.
DraftKings does an outstanding job of specifically laying out all the betting limits that it has per sport. For example, in football, there is a $500,000 limit on all NFL games and a $250,000 limit on all NCAA games. The MLB and NBA have a $500,000, while the NHL has a $250,000 limit, and soccer has a $300,000 limit.
If you have a question about a specific betting limit that you want to make, the best thing to do is visit DraftKings’ bet limit webpage at https://sportsbook.draftkings.com/help/general-betting-rules/sport-specific-limits.
DraftKings offers a great selection of Live In-Game betting options that are updated consistently as the games progress. In fact, DraftKings has an entire tab on their site and apps that are dedicated just to Live In-Game betting, since it is quickly becoming one of the most popular ways to place sports bets.
The great thing about DraftKings in this regard, too, is that they offer Live In-Game betting in just about any sport and not the four main professional American sports. On any given day, you may find Live In-Game odds for MLB, tennis, golf and soccer, for example.
DraftKings is probably the gold standard when it comes to mobile betting. The company has operated as a mobile-first company ever since it launched in the Daily Fantasy Sports world, and they have kept up that focus when they expanded to add online sportsbook offerings.
DraftKings has an outstanding mobile-friendly site for people who wish to view the site via a web browser on their mobile devices, and they also offer mobile apps for both Android and iOS devices, giving players yet another option. The mobile apps are easy to use and very quick to respond as well. In fact, it is almost as easy to navigate the site, place a bet, make a deposit or initiate a withdrawal on the mobile apps as it is on the desktop version of the DraftKings sportsbook.
If you are looking for an impressive mobile experience in your sportsbook, then DraftKings is the pick for you.
DraftKings sportsbook offers 24/7 customer support, which is a really great feature. They offer a Live Chat feature on their website and through their mobile apps, as well as direct email support through their email address, [email protected] One area where they fall short, though, is in phone support.
While DraftKings does offer phone support, you have to fill out a form and ask them to contact you back via phone in order to speak to a customer service rep. The URL to fill out that form, in case you are interested in that form of support, is https://www.draftkings.com/help/contact-us/sb.
Conclusion: A Great Mobile-First Sportsbook
DraftKings was the first sportsbook to offer sports betting in the state of New Jersey, and a lot of the features they have also reflect the pioneer attitude of the company. Many players might find DraftKings very attractive because they might already be familiar with the company and its software if they participated in Daily Fantasy Sports before sports betting was legalized in 2018.
DraftKings is a mobile-focused company, and it reflects in its mobile apps, which are some of the best in the sports betting world. The downsides to betting at DraftKings, though, is that there aren’t that many withdrawal options, and some of the odds offered might not be as favorable to the players as they are at other sites. Still, DraftKings is one of the most popular sportsbooks on the market, and for good reason.