DraftKings Online Sportsbook Review

Our Rating:
User Rating
Quick Take:

DraftKings Sportsbook offers some of the industry’s best bonuses. The platform presents a wide array of betting options for both newcomers and experienced bettors.

With an intuitive interface and generous sign-up bonuses, DraftKings Sportsbook offers one of the industry’s most user-friendly mobile sports betting experiences.

Viisit DraftKings Sportsbook

  • Great lines
  • Market depth and variety is great for newcomers
  • Easy to use app and website interface
  • Huge bonuses and payouts

DraftKings Sportsbook Promo Code 2020

New players to DraftKings Sportsbook can take advantage of a 20% deposit match bonus up to $1000. There is a 25X playthrough requirement.

Use our exclusive link below and claim your deposit bonus offer. Please review the full terms and conditions before depositing.

DraftKings Sportsbook Promo CodeUse our exclusive link to unlock $1,000 bonus
Deposit BonusUp To $1000 Deposit Bonus Offer
Minimum Deposit$5
Date Last VerifiedNovember 2020

DraftKings Online Sportsbook: Quick Facts

  • DraftKings Sportsbook offers a 20% deposit match bonus on the first deposit at the site. New players can earn up to $1000 in bonus money with this offer. Terms and conditions apply.
  • Bettors can wager on all major US sports at DraftKings Sportsbook. International sports leagues and events, including soccer, basketball, auto racing, and many others, are open for betting as well.
  • Deposit options include ACH/eCheck, prepaid cards, debit cards, PayPal, and casino cage deposit.
  • DraftKings Sportsbook is legally available to players in NJ, CO, IL, IN, PA, NH, IA, TN, and WV.
  • DraftKings Michigan is celebrating its anticipated launch in the state by offering up to $200 in Free Bets for new registrations.
  • The DraftKings Sportsbook mobile betting app offers one of the most user-friendly interfaces in the industry. The app presents lines, odds, and potential payouts in a way that’s easy to understand for new sports bettors.
  • Bettors can find numerous prop bet opportunities across several sports. Prop bets can be combined with other bets on parlay tickets.
  • The scope of different sports, and ways to bet, is enormous. Live in-game betting includes a “cash out” option, allowing bettors to lock in a win before a contest ends.
  • Players can also access DraftKings’ daily fantasy sports and online casino platforms (in states where legal) from the sportsbook app.

Pros

  • Covers a ton of sports
  • High-rated user interface
  • Available in a number of states

Cons

  • Only a 20% deposit match bonus
  • Average customer service
DraftKingsFanDuelFOXBet
Visit DraftKings SportsbookVisit FanDuel SportsbookVisit FOX Bet Sportsbook
Rating: 4.9 StarsRating: 4.9 StarsRating: 4.9 Stars
Deposit Bonus:
20% Deposit Match up to $1000
Deposit Bonus:
$1000 Risk-Free Bet
Deposit Bonus:
$500 Risk-Free Bet
No Deposit Bonus:
N/A
No Deposit Bonus:
$25
No Deposit Bonus:
N/A
PayPal Deposits: YesPayPal Deposits: YesPayPal Deposits: Yes
Cash Deposits:
Casino Cage, PayNearMe
Cash Deposits:
Casino Cage, PayNearMe
Cash Deposits:
Casino Cage, PayNearMe

What States Is DraftKings Sportsbook Available In?

DraftKings online sportsbook is available in New Jersey, Colorado, Illinois, Indiana, Pennsylvania, New Hampshire, Iowa, Tennessee, and West Virginia. Michigan is coming soon.

DraftKings Michigan Online Sportsbook - Launching Soon

DraftKings Michigan is already preparing for launch in one of its newest states by offering a pre-launch registration bonus for Michigan bettors.

Michigan legalized online sports betting, as well as online casino and poker, in 2019. It’s taken about a year to finalize rules and regulations and to issue sports betting licenses to key operators. Online sports betting could launch by the end of 2020 and we anticipated DraftKings Michigan to be one of the first apps to launch.

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Michigan Online Sports Betting

DraftKings Colorado Online Sportsbook

Colorado’s online sports betting industry went live on May 1, 2020. DraftKings Sportsbook Colorado debuted that day, along with three other mobile sports betting platforms.

The launch of an online sports betting industry puts Colorado in position as a potential major hub for legal US sports betting. DraftKings’ online sportsbook will likely establish itself as one of the state’s most popular mobile wagering platforms.

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CO Online Sports Betting

DraftKings Pennsylvania Online Sportsbook

Pennsylvania hosts one of the biggest online sports betting markets in the US. The Keystone State is second only to New Jersey in mobile sports betting revenue among US states.

DraftKings Sportsbook Pennsylvania plays a big role in those revenue totals. Since launching in November 2019, DraftKings Sportsbook quickly became established as the second-highest earning mobile sportsbook in the state.

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PA Online Sports Betting

DraftKings Indiana Online Sportsbook

Indiana passed legislation to legalize sports betting in May 2019. DraftKings Sportsbook was among the first wave of Indiana’s online sportsbooks that went live in October 2019.

The debut of Indiana’s mobile sports wagering platforms added the Hoosier State to the growing list of US states with a legal online sports betting market. DraftKings Sportsbook Indiana quickly broke out as the state’s most popular online sportsbook after the launch.

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Indiana Online Sports Betting

DraftKings New Jersey Online Sportsbook

DraftKings Sportsbook debuted in New Jersey in August 2018. The launch marked the beginning of an expansion into legal sports betting from DraftKings in the US. New Jersey lawmakers quickly went to work on sports betting legislation following the overturn of the Professional and Amateur Sports Protection Act (PASPA) in May 2018.

Both retail and online sports betting became legal in June 2018, and DraftKings Sportsbook went live as New Jersey’s first state-regulated online sportsbook.

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NJ Online Gambling

DraftKings Iowa Online Sportsbook

DraftKings Sportsbook launched an online platform in Iowa in February 2020. The launch added the Hawkeye State to the list of US states in which DraftKings Sportsbook legally operates.

Iowa legalized sports betting in May 2019. Retail and mobile sportsbooks began to go live in the state in August 2019.

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Iowa Online Sports Betting

DraftKings Illinois Online Sportsbook

Illinois legalized online sports betting in 2019, and the first online sportsbook launched in June 2020. DraftKings joined the market on August 5, 2020, making it the second online sportsbook in the state following BetRivers.

DraftKings is partnered with Casino Queen in East St. Louis, Illinois, where it also runs a retail sportsbook.

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Illinois Online Sports Betting

DraftKings New Hampshire Online Sportsbook

New Hampshire’s sports betting industry operates under unique regulations compared to other US states. Governor Chris Sununu signed a sports betting bill into law in July 2019, making retail and online sports betting legal in the Granite State.

DraftKings Sportsbook launched in December 2019 in New Hampshire. At the time, DraftKings Sportsbook New Hampshire went live as the lone online sports betting operator in the state.

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DraftKings Tennessee Online Sportsbook

DraftKings was one of the first few online sportsbooks to launch in Tennessee, and will most likely be a leader in sports betting revenue during its first year in the state.

Tennessee legalized online sports betting in April 209 and the first sportsbook apps launched on November 1, 2020. Unlike in other states, DraftKings has no retail casino partner in the state. Because Tennessee has no retail casinos, it is unique in allowing online-only sportsbook licenses.

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Tennessee Online Sports Betting

DraftKings West Virginia Online Sportsbook

Like many of the US states in which it operates, DraftKings Sportsbook stands at the front of the class in West Virginia’s mobile sports betting market.

Lawmakers in the Mountaineer State legalized retail and online sports betting in March 2018. The overturn of PASPA two months later set the stage for West Virginia to officially launch legal sports betting. Mobile sports betting debuted in the state in August 2019, with DraftKings Sportsbook as the first to launch.

DraftKings Sportsbook leads the pack as the top revenue-earning mobile sportsbook in the state.

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West Virginia Online Sports Betting

Full Review Of DraftKings Sportsbook

DraftKings Sportsbook appeals to bettors of all experience levels. Newcomers to sports betting will find easy to understand odds and lines.

The overall package offered at DraftKings Sportsbook should appeal to both novice and experienced sports bettors. The top-notch, user-friendly interface is among the best in the US legal online sports betting industry.

Available sign-up bonus offers provide new bettors a deposit match bonus up to $1000. Bettors have access to a multitude of professional, college, and international sports betting markets.

Live in-game betting and numerous prop betting options add to one of the most comprehensive betting menus in the industry. One drawback to DraftKings Sportsbook is the average level of customer service response.

Key Features Of DraftKings Sportsbook

Types of bets offered: Spread, moneyline, totals, in-play, prop bets, parlays.

Rewards program: Yes.

Sample sports leagues covered: NFL, NBA, MLB, NHL, NCAA, EPL, NASCAR.

Mobile apps: Android and iOS. Web-version is available.

Deposit methods: Credit cards, debit cards, prepaid cards, casino cage deposit, ACH/eCheck. Full list and details here.

Minimum deposit: $5.

Betting limits: Maximum bet limited to $500,000 maximum payout.

Other products available from sportsbook account:

  • Daily Fantasy Sports

  • Online Casino

License:

  • New Jersey – Licensed by the Division of Gaming Enforcement, operating in partnership with Resorts Digital Gaming.

  • Colorado – Licensed by the Colorado Division of Gaming, operating in partnership with Twin River Worldwide Holdings.

  • Indiana – Licensed by the Indiana Gaming Commission, operating in partnership with Ameristar Casino Resort.

  • Iowa – Licensed by the Iowa Racing and Gaming Commission, operating in partnership with Wild Rose Casino.
  • IllinoisLicensed by the Illinois Gaming Board, operating in partnership with Casino Queen.
  • New Hampshire – Licensed by New Hampshire Lottery, operating as an independent entity.

  • Pennsylvania – Licensed by the Pennsylvania Gaming Control Board, operating in partnership with Meadows Casino.

  • Tennessee – Regulated by the Tennessee Lottery. DraftKings does not need a local partner to operate legally in Tennessee.
  • West Virginia – Licensed by the West Virginia Lottery, operating in partnership with Hollywood Casino at Charles Town Races.

Deposits And Cashouts At DraftKings Sportsbook

DraftKings Sportsbook offers multiple deposit and withdrawal methods. Some of these options are faster and have a higher acceptance rate than others.

How Can I Deposit At DraftKings Sportsbook?

Deposit MethodMinimum DepositHow long for funds to appear in my account?
VISA Debit/Credit Card$5Generally instant
MasterCard Debit/Credit Card$5Generally instant
American Express Debit/Credit Card$5Generally instant
Discover Debit/Credit Card$5Generally instant
ACH/eCheck$5Generally instant
PayPal$5Generally instant
Prepaid Card$5Generally instant
Wire Transfer$55-7 days
Casino Cage Deposit$5Generally instant

ACH/eCheck is the easiest deposit method. Credit/debit card deposits are sometimes rejected, and bettors should be wary of incurring cash advance fees on credit card deposits from the issuing bank.

The DraftKings prepaid card is issued by DraftKings and can be loaded with funds using ACH, debit, or credit card. Those funds can then be deposited into the sportsbook account.

PayPal deposits require a few extra steps to get through the process but has a nearly 100 percent success rate.

Wire transfer takes the longest of any deposit method, and fees may apply. Cash deposit at the casino cage of the land-based casino associated with DraftKings Sportsbook is also an option in applicable states.

My Credit Card Was Declined At DraftKings Sportsbook. What Do I Do?

Credit card deposits come with a somewhat high rejection rate. Some issuing banks don’t allow for deposits onto a real-money gambling site. Luckily for players, other, more reliable deposit methods include:

  • Using the DraftKings prepaid card

  • Using PayPal

  • Using eCheck / ACH

How Can I Cash Out From DraftKings Sportsbook?

Withdrawal MethodMinimum CashoutHow long for funds to appear in my account?
ACH/eCheck$202-7 days
PayPal$202-7 days
Play+Prepaid Card$202-7 days
Check By Mail$201-2 weeks
Casino Cage Pick Up$20Instant

One thing to watch out for when depositing money on DraftKings Sportsbook is that you will not be able to withdraw using ACH/eCheck, prepaid card or PayPal unless you have deposited using that method in the past.

How Can You Play At DraftKings Online Sportsbook?

Google PlayAndroid App. DraftKings online sportsbook is available as an app for Android. Android users must directly download the app from the DraftKings Sportsbook website.
Apple StoreiOS App. iOS users can find and download the DraftKings Sportsbook app in the App Store. The app can be used on iPhone and iPad.
BrowserBrowser. DraftKings Sportsbook can be accessed from any desktop browser, including Chrome, Firefox, and IE.

Common Geolocation Issues With DraftKings Sportsbook

DraftKings Sportsbook utilizes geolocation technology to determine a user’s location. Bettors must be located within the borders of a state in which DraftKings Sportsbook legally operates at the time of a wager.

The geolocation technology can sometimes block a player from betting if the player is located near state borders. Playing on a mobile device with location services, or enabling GPS on a device, can help with geolocation issues.

What You’ll Probably Like About DraftKings Sportsbook

DraftKings Sportsbook offers an extensive selection of sports.

The menu of betting options at DraftKings Sportsbook includes all major US leagues, along with many international sports betting options. The NFL, NCAA, NHL, NBA, MLB, UFC, NASCAR, and a host of other domestic leagues and events are at bettors’ disposal at DraftKings Sportsbook.

International leagues, like English Premier League soccer, expand the betting menu even further. The international betting options aren’t just limited to major soccer leagues, however.

Cricket, rugby, table tennis, and international motorsports are just a few of the international sports on the board at DraftKings Sportsbook.

The user-friendly interface makes wagering easy for bettors of all experience levels.

Finding a bet on DraftKings Sportsbook is about as easy as it gets among legal US online sportsbooks.

A banner at the top of the main lobby displays leagues and events with upcoming betting opportunities. Clicking on one of those links opens up a menu of all available bets coming up in the immediate future for that league.

Clicking on the odds for a particular bet brings up a menu at the right of the screen, in which bettors can enter a potential bet amount and see the payout. Newcomers to sports betting won’t find an easier interface to work with.

Up to $1,000 in sign-up bonuses available.

DraftKings Sportsbook offers one of the biggest bonus packages of any online sportsbook. Up to $1000 can be unlocked with a 20% deposit match bonus offer on the first deposit.

Why You Might Choose A Different Online Sportsbook

Only a 20% deposit match bonus.

While the potential $1,000 in sign-up bonuses is enticing, the deposit match portion of that total is less generous than at some other online sportsbooks. The bonus requires 25x playthrough to receive the full bonus amount. This means that for every $25 wagered, the bettor receives a $1 bonus.

Lower odds compared to some other sportsbooks.

Different sportsbooks offer varying odds, making some bets more lucrative at certain sportsbooks.

DraftKings Sportsbook tends to offer less enticing odds on some underdog lines versus other sportsbooks. This trend is balanced out by better odds when betting on the favorite, however.

DraftKings Sportsbook: License Information

Below is a list of states where DraftKings Sportsbook operates, along with the license partner in each state.

ColoradoTwin River Worldwide Holdings
IndianaAmeristar Casino (Penn National Gaming)
IowaWild Rose Casino
IllinoisCasino Queen
New HampshireIndependent license
New JerseyResorts Digital Gaming
PennsylvaniaMeadows Casino (Penn National Gaming)
West VirginiaHollywood Casino at Charles Town Races (Penn National Gaming)
TennesseeNo local partner required under TN law

Individual US states determine their own regulations for legal online sports betting. In New Jersey, for example, the New Jersey Division of Gaming Enforcement approves all licenses for online sports betting operators.

Sports betting licenses are only awarded to New Jersey-based retail casinos. Those casinos can then partner with other companies, including those outside of New Jersey.

DraftKings Sportsbook New Jersey operates under the master sports betting license of Resorts Digital Gaming. Resorts Digital Gaming is the parent company to Resorts Casino Hotel, a retail property in Atlantic City.

Is DraftKings Sportsbook Right For You?

DraftKings Sportsbook offers a user-friendly interface, a wide selection of sports, and a variety of in-game and other betting options. The platform should appeal to bettors of all experience levels. The easy-to-navigate betting menu is particularly convenient for newcomers to sports betting.

Experienced high-volume and high-stakes bettors will probably be looking to shop around for better lines for some games. The odds on underdog teams, in particular, can be less favorable at DraftKings Sportsbook when compared to other online sportsbooks.

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).

21+. NJ/PA/WV/IN/IA/CO/IL/TN only. In partnership with Meadows Racetrack & Casino. Eligibility restrictions apply. See draftkings.com/sportsbook for details.

Is it legal to bet on sports online at DraftKings Sportsbook?

Yes. DraftKings Sportsbook operates legally in seven US states. Bettors in those states can legally place bets at DraftKings Sportsbook, as long as they’re located within the borders of an appropriate state when wagering.

DraftKings Sportsbook legally operates in New Jersey, Colorado, Pennsylvania, Iowa, Illinois, New Hampshire, Indiana, Tennessee, and West Virginia.

Is DraftKings Sportsbook legit?

Yes. DraftKings is a publicly-traded, multi-billion dollar company. As such, DraftKings operates its online sports betting platform with a keen interest in providing legitimate and secure sports betting.

DraftKings Sportsbook is regulated by state government agencies in each state in which it operates.

How old do you have to be to bet online at DraftKings Sportsbook?

21 or older. The minimum age to place a bet at DraftKings Sportsbook in any state is 21. To register an account, bettors must be able to provide proof of identity and age in order to deposit and place bets.

Do you have to be in a particular state when you place a sports wager at DraftKings Sportsbook?

Yes. Bettors must be located in one of the states in which DraftKings Sportsbook operates legally in order to place a bet.

Anyone in the US (21 or older) can register for a DraftKings Sportsbook account. To deposit and place a bet, however, players must be located in an appropriate state.

How do you get paid if you win at DraftKings Sportsbook?

Bettors at DraftKings Sportsbook can cash out using several methods. Options include ACH/eCheck, PayPal, check by mail, and casino cage pickup. Casino cage pickup is not available at DraftKings Tennessee because there is no local retail casino partner in the state.

See the “How Do I Cash Out From DraftKings Sportsbook” table above for more information on withdrawal options.

Can you do in-play betting at DraftKings Sportsbook?

Yes. DraftKings Sportsbook offers an extensive variety of in-play betting options across virtually every sport. These options include “Flash Bets”, which allow bettors to wager on which team will achieve a particular accomplishment next.

For example, a flash bet in a soccer match allows for betting on which team will score the next goal, do the next corner kick, and so on.

In Tennessee, there is no live, in-game betting permitted during college sports games.

What is the best way to make a deposit at DraftKings Sportsbook?

ACH/eCheck is one of the quickest and most reliable ways to deposit at DraftKings Sportsbook. Debit and credit card deposits are also fast, but are sometimes rejected by the issuing bank.

PayPal is another good option, though the process takes a few more steps than the other methods mentioned.

Does DraftKings Sportsbook offer any free bets or deposit bonuses?

Yes. New players at DraftKings Sportsbook can take advantage of a 20% deposit match bonus up to $1000. Terms and conditions apply.

About the Author

Geoff Fisk

Geoff Fisk is a San Diego-based writer, specializing in the poker and gambling industries. He’s written for numerous platforms and has traveled the globe as a live poker tournament reporter. Geoff’s interests include the legal online poker industry in the U.S. and abroad.