DraftKings Sportsbook Review & Bonus Codes

According to recent statistics, DraftKings is the most popular sportsbook in the USA. There are plenty of good reasons for this, with the site having a strong reputation with players for its huge variety of betting options, generous bonuses and promotions, and additional features such as daily fantasy sports or online casino gaming.

In this DraftKings sportsbook review, we’ve looked at all of these features to provide a fair and accurate assessment of its betting products. You’ll also learn some information about its odds, payment options, and customer support. This site is licensed in many US states, so is verified to be fair and trustworthy.

Welcome Bonus and Other Promotions

When you register for the first time at this site, you will be able to claim a betting bonus. This is a particularly generous offer that awards you $200 in bonus bets when you make a bet of $5. You won’t need to enter a DraftKings sportsbook promo code to qualify for the offer, too.

All you need to do is opt for the bonus at the cashier during registration, then make a minimum deposit of $5. There may be some ineligible markets that qualify for this promotion, but you will be warned if your selection doesn’t meet the requirements. Once your bet has settled, you’ll receive eight $25 bonus bets.

There are 1X wagering requirements that must be met within seven days of receiving the funds before they expire. There are several other DraftKings sportsbook promotions available to returning customers too. These include odds boosts, profits boosts, and reload offers that award bonus bets.

There is also a DraftKings sportsbook refer a friend bonus that will award you up to $100 in bet credits depending on how much your friend deposits with your referral code. All new players will be immediately signed up to the tiered Dynasty Rewards program too, with points earned for betting and unlocking achievements.

Mobile App

We strongly recommend you download the DraftKings sportsbook app to experience the best online golf betting options. There are native apps for iOS and Android devices that are free and quick to download. You’ll be able to access all of the same features as the desktop platform, including bet-building, payments, and rewards access.

You’ll be able to access the live betting platform and live-stream events when available. The app has been beautifully designed to provide easy navigation and stable wagering. The buttons are responsive and the lobby and bet slip are quick to load. You can also register an account through the app and access your account controls.

Betting Options

The DraftKings betting site offers the most dynamic betting options out of any US sportsbook. There are three main betting options that are suggested for each game. The first is a moneyline, which is a simple wager on which team or player will win. The second is a totals bet.

This is a wager on whether the total number of points scored in a game will be over or under the projected amount. The other popular option, a spreads bet, is a prediction on whether a favorite team will win or lose by a projected number of points. 

Depending on the sport or league, DraftKings will feature a number of other markets, including specials, player props, and futures. DraftKings also has pre-built parlays that you can stake on. You’ll be able to make these wagers as singles, parlays, round robins, or teasers. You can toggle which bet type easily within the bet slip.

Live Betting and Streaming

Live betting is the process of wagering on sports as they unfold live. Contrary to pre-match betting, the in-play nature of games means that odds can fluctuate rapidly and markets will change. You can find all in-play events to wager on in the Live In-Game section of the DraftKings lobby.

Depending on your local state’s regulations, you may also be able to live stream some games. While this currently includes international leagues for basketball, soccer, hockey, and tennis, a recent announcement indicates that the offerings will soon greatly expand. The site provides a trove of helpful information to ensure that your in-play bets are informed by up-to-date statistics.

Available Sports and Leagues

We believe that DraftKings is the number one betting platform in the USA because it offers the most sports league options. While the total number will vary depending on your location, there can be up to 20 sports categories to bet on. The most popular are football, basketball, baseball, ice hockey, soccer, tennis, and golf. There is a vast amount of golf tournaments available to wager on, including the biggest from across the word. This is especially great for those who like to bet on the British Open golf in particular.

The betting options are clearly laid out at DraftKings. When you click on a sport, a drop-down menu will reveal all available leagues. For example, clicking football will reveal the NFL, CFL, college football, and the NFL preseason. Special tabs in the lobby will also include sections for major events such as the Super Bowl, Masters, and the Stanley Cup.

The sport with the most leagues is soccer, which boasts over 80 local and international options. Therefore, this is a great option to bet on year-round. If you want to bet on college sports, keep in mind that most states restrict wagers on teams located in-state.

Throughout the year, keep an eye out for a special DraftKings sportsbook bonus code that offers promos for major sporting events. These are generally always offered for tournaments such as the FIFA World Cup, the Olympics, and the finals for the Big Four US leagues.

The Odds

DraftKings has partnered with several major US sports leagues, including the NFL, NHL, NBA, PGA Tour, and UFC. This gives them access to the most accurate league data and statistics from which to form their odds. You can then be certain that the market prices at this site are fair and considered.

DraftKings tends to offer odds for a range of markets that you won’t find elsewhere. Despite this, the prices are still fair. We undertook an odds comparison between DraftKings and other licensed betting sites and found that its prices were often the best on the market. Before making a pre-match bet, always take the time to do an odds comparison.

The Payment Methods

DraftKings provides a broad array of payment options to guarantee smooth transactions for all players. Popular options include Mastercard and Visa debit and credit cards, Venmo, PayPal, bank transfers, cash, and VIP Preferred. While most accept deposits from $5, this can vary. Nevertheless, deposits are processed instantly.

Not all methods are available for withdrawals too, with PayPal, debit cards, and Venmo being the most popular options. Withdrawals take between two and five days, with Venmo and PayPal providing two-day fast withdrawals. Withdrawal minimums start at $1 for most methods, which means that DraftKings has the lowest deposit and withdrawal minimums of any major bookmaker.

Legal DraftKings States

DraftKings is legal and licensed in 23 states across the USA, making it the most widely available betting option in the USA. In some instances, the site also operates a retail sportsbook at land-based casinos, so your in-person betting and online betting will go towards accruing loyalty points. The available states include:

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Kansas
• Louisiana
• Maryland
• Michigan
• New Hampshire
• New Jersey
• New York
• Ohio
• Oregon
• Pennsylvania
• Tennessee
• Virginia
• Washington
• West Virginia
• Wyoming

Keep in mind that in Washington, you’ll only be able to use the DraftKings app on premises at select land-based casinos. Also, note that your state may offer its own DraftKings online sportsbook promo code for a different welcome bonus than the one featured on this page.

Licensing, Safety, and Security

Before you attempt to sign up with DraftKings, make sure that your home state is listed in the above section as a legal gambling state. In each state, the site will be regulated by its own gaming authority. These will have varying provisions about the legal betting options and tax rates, but they will have some shared conditions.

For example, before DraftKings could be authorized, it had to prove a strong commitment to player safety and security. To do this, the site has implemented SSL encryption technology to protect users’ connections from scammers. Sites must also verify each player’s age and identity to ensure they meet the minimum gambling age.

Furthermore, DraftKings has to follow strict regulations surrounding responsible gambling. It cannot target vulnerable customers and encourage them to gamble irresponsibly. To tackle problem gambling, DraftKings provides gambling limitation tools, self-exclusion, and provides avenues to counseling.

Customer Support

DraftKings provides 24/7 support via an email service and live chat function. However, for the most part, its live service is provided by bots. One of the downsides to this website is that its support has been given a low rating by its customers. This is something you’ll need to consider when joining.

Pros and Cons

There are plenty of advantages to this platform that are worth considering. For instance, there is a generous DraftKings sportsbook sign up bonus available to all new players. The site is also widely available across the USA, has a low deposit and withdrawal minimum, and a huge variety of sports and betting options to wager on. It stands toe-to-toe with any other platform such as the Betway Sportsbook, which is considered as one of the best.

Other highlights include its high-powered mobile app and live betting lobby, and the rewards program that gives you points for every dollar wagered. That said, we want to reiterate that it does have a downside, namely its poor customer support reputation. 

About DraftKings

DraftKings was launched in Massachusetts in 2012 as a daily fantasy sports platform. After years of dominating the market, the company underwent a massive evolution after the federal ban on sports betting was overturned in 2018. The company quickly partnered with major sports leagues and grew to become the most popular betting site in the USA.

In 2019, DraftKings acquired SBTech, a sports betting technology provider. The company has won numerous iGaming awards for its technology. In addition to the sports betting platform, DraftKings also operates a popular fantasy sports site and online casino in states where these are legal. You can access these features with your sports betting account where available.

Frequently Asked Questions

If you are looking for brief answers to your queries about the DraftKings sports betting site, see below. Here, we’ve answered some commonly asked questions about the site, addressing topics such as the welcome bonus, the live betting platform, the available states, and the sports betting options.