DraftKings’ Sportsbook is the best all-around online sportsbook in the US. It offers a modern app, a wide range of betting options, instantly updated lines, and in some states casino games.
DraftKings’ sports betting app is available in Pennsylvania, New Jersey, West Virginia, Colorado, Indiana, and soon Illinois. In Pennsylvania and New Jersey, the app also include DraftKings’ online casino.
Here is our full DraftKings Sportsbook review.
DraftKings Sportsbook Review
DraftKings is one of the most popular sports betting apps in terms of revenue, trailing only rival FanDuel Sportsbook. The interface can try to do too much, but it is generally easy to navigate, with reasonable juice, and routine odds boosts along with an array of gaming options.
DraftKings Sportsbook is all-around one of the best legal sports betting apps. Period. While they got some early attention for "expensive" lines, the truth is all legal sportsbooks will be slightly more expensive than the methods bettors are used to since more costs are associated with regulated entities. Their interface is not perfect, but it's clean and usable and instantly familiar to casual and experienced bettors alike. They accept all expected deposit options, like credit card and PayPal, but lack some of the more advanced methods offered by SugarHouse Sportsbook. Overall, DraftKings offers a great sports betting app, which is available for both iOS and Android.
DraftKings Sportsbook Signup Bonus
DraftKings Sportsbook is running a signup bonus of up to $1,000, which includes a risk-free bet and deposit match.
How it works:
- Sign up here
- Deposit at least $5 into your account
- Get you first bet risk-free up to $500
DraftKings Sportsbook will make your first bet risk-free, up to $500.
Draftkings is also offering all users a $500 deposit match, but it comes with a bit of fine print. The match requires a 25x play-through requirement, meaning you’ll need to wager a total of $12,500 to receive the full deposit bonus.
In short, only your first bet is matched and it has to be placed within 30 days of signing up. And like most other sportsbook offers, there is a play-through requirement, meaning you have to wager the winnings from the free bet. Pretty standard stuff.
A DraftKings Sportsbook promo code is not required to take advantage of this offer.
DraftKings NFL Pick ‘Em Contest
For 2020, DraftKings is rolling out an NFL Pick ‘Em contest that will give out of $2 million in prizes. This has a chance to become the largest multi-state NFL Pick ‘Em ever.
- $1 million first place prize
- Weeks 1-16
- Five picks against the spread per week
- $1,500 entry fee
- Available in New Jersey
Enter here .
Current Promos at DraftKings Sportsbook
The run up to the 2020 Presidential Election figures to be quite eventful, and DraftKings Sportsbook is giving bettors located in states such as Pennsylvania
DraftKings Sportsbook rolled out one of its best promos to date last week when it offered 100-1 odds on any NFL team to win. Originally,
DraftKings Sportsbook is available in the following states:
- New Jersey
- West Virginia
- Illinois (coming soon)
DraftKings Sportsbook is available as one app across all states where it is legal. Several other states are expected to offer DraftKings’ sports betting app, including Indiana, New York, and Texas.
DraftKings Sportsbook released update 2.17 in September, 2019 in the iOS App Store.
DraftKings has partnerships with Penn National Gaming and Caesars to gain access to additional markets across the country.
DraftKings launched DraftKings Sportsbook NJ in August 2018. It was the first sports betting app to launch in NJ. They are partnered with Resorts Casino.
Live since late August, DraftKings Sportsbook WV launched in partnership with Hollywood Casino at Charles Town Races. It offers betting on all expected sports, including the West Virginia Mountaineers football team.
DraftKings launched DraftKings Sportsbook and Casino PA. They have a partnership with Meadows Casino in Pennsylvania.
DraftKings Sportsbook Colorado is partnered with Twin Rivers Casino, one of more than 40 in the state. Colorado comes with particularly low tax rates for online operators, so it’s possible DraftKings will be very promotional there. They are known for their ongoing odds boosts, and with added margin, the opportunity to give Denver sports fans aggressive offers is real.
DraftKings Sportsbook Illinois looks like it could launch sooner than expected. Online sports betting in Illinois is already live and DraftKings entered into a partnership with Casino Queen to bring its sports betting app to the state.
Michael Jordan Ownership
On September 2, 2020, DraftKings announced that Michael Jordan would be taking an equity stake and become an advisor to the company, writing in the press release:
Today, DraftKings (Nasdaq: DKNG) welcomed Michael Jordan as a special advisor to the company’s board of directors. The NBA Hall of Fame inductee, six-time NBA Finals MVP and Chairman of Hornets Sports & Entertainment has agreed to take an equity interest in DraftKings in exchange for providing guidance and strategic advice to the board of directors on key business initiatives undertaken by the sports technology and entertainment company that went public earlier this year.
“Michael Jordan is among the most important figures in sports and culture, who forever redefined the modern athlete and entrepreneur,” said Jason Robins, DraftKings co-founder and CEO. “The strategic counsel and business acumen Michael brings to our board is invaluable, and I am excited to have him join our team.”
As a special advisor, Jordan will provide strategic and creative input to the board of directors on company strategy, product development, inclusion, equity and belonging, marketing activities and other key initiatives.
This is massive news as Jordan is arguably the most famous athlete of all-time and adds significant marketing might to DraftKings.
The news of Jordan joining DraftKings comes in advance of Barstool Sportsbook launching their sports betting app. That should get instant recognition due to its powerful brand, so betting sites like DraftKings and FanDuel Sportsbook have been getting more aggressive in their promotion. FanDuel recently partnered with Pat McAfee for promotion. PointsBet already partners with Allen Iverson.
Jordan’s deal with DraftKings has struck some controversy since he’s now a partial owner of both a sportsbook and an NBA, though early signs are his ownership stake is not create enough to trigger any issues with the league.
DraftKings continues to add to its expansive list of wagering options with the recent introduction of casino and live dealer Blackjack games.
The company indicated this is the first step in its roll out of casino-style games for DraftKings Sportsbook customers in New Jersey. The company tested a single blackjack game that was embedded within its existing sportsbook app and then rolled out online slots and casino games, including Blackjack inside DraftKings live studio.
Read more about DraftKings Casino.
Why DraftKings Is The Best Overall Betting App
While it might not lead in any one category, DraftKings does everything well. It offers a modern app that functions well and is easy to navigate. It has perhaps the widest range of betting in terms of both breadth and depth– you can bet on virtually any sport and the sheer range of action is impressive. It offers unique styles of play like sportsbook pools, a Supercontest style game, live cash out options, and even an online casino. And unlike some competitors, it offers one app, available on both iOS and Android, available across all states.
What states is DraftKings Sportsbook available in?
DraftKings Sportsbook is available in Pennsylvania, New Jersey, Indiana, West Virginia, and Illinois.
Is DraftKings' sports betting app separate from daily fantasy?
Yes, DraftKings Sportsbook is a separate app from DraftKings daily fantasy, DK Live, and DraftKings Casino.
Is DraftKings Sportsbook legal?
Yes, betting with DraftKings is legal. In states where it is available, DraftKings partners with regulated casinos to offer its online sportsbook.
DraftKings Sportsbook Overview
The DraftKings Sportsbook, which was developed by an in-house team and said to be in the works for over a year, is a full-featured online sportsbook backed by the biggest brand in US gaming, operating under the Resorts Casino license New Jersey online sports betting. Out of the gate, DraftKings Sportsbook offers a wide, almost staggering array of sports to bet on – Super Kupa Turkey, anyone? – a clean, modern interface, and a jaw-dropping live ticket option that adds a layer of complexity (and fun) to almost every traditional bet. At the moment, DraftKings Sportsbook – or, DK SportsBook – offers team-based live betting with a significant number of in-play props and lines. Odds, which can be expressed as traditional Vegas-style odds or decimal-based figures, are, thus far, on-par with other legal sports betting operators. We recommend it as one of the top sports betting apps.
Getting started with DraftKings Sportsbook
Get ready to have your location checked early and often. This is not a DraftKings-specific thing, but something all legal online sportsbooks have to do. Geo-location is the technology that enables state-based betting, and so DraftKings Sportsbook will check your location upon launch, when adding funds, and anytime you leave the app for a few minutes (we don’t know the exact limit here, but it’s not very long). If you do try loading the app from outside of New Jersey, this is the message you’re greeted with:
Again, after listening to regulators at the East Coast Gaming Congress in Atlantic City, this location warning will likely be featured in some capacity in all online sportsbooks. The location check seems to be reliable. I was sitting at Liberty Hall in Lambertville along the border and only one time (out of around 10 attempts) did I briefly get this message before the GPS rightfully placed me in New Jersey.
This sort of geo-location monitoring is our new betting overlord, and we should learn to love it.
Funding your account
Adding funds is pretty much the same as it is with the DraftKings’ daily fantasy app— hit the plus button, choose your funding method, and get going. As for minimums and limits, DraftKings requires only a $5 initial deposit and bet minimums are under $1, so you can play on any budget level.
You can also choose to allow DraftKings Sportsbook to use your daily fantasy funds, both for your initial deposit and on an ongoing basis:
Once funded, you’re ready to bet. Winnings are placed back into your account promptly. We’ll have more information on this as we use the app more, but unlike offshore sportsbooks, you don’t have to worry about getting your money out.
Upon entering the home screen, you’re greeted by a user-friendly view of the requisite promotional banners, quick links, and available traditional bets with beginner-friendly wording like “who’s going to win?” and “who will cover the spread?” for moneyline and traditional spread bets, respectively. There’s obviously a focus on the recreational bettor from the main screen, but it makes sense for onboarding new sports bettors— DraftKings Sportsbook also offers a quick start guide. What’s more, these bets are reportedly tailored to the individual users. DraftKings will actually use your daily fantasy data and serve you up related bets. For example, if you have a DFS lineup stacked with Yankees, you might be presented with the over-under on the Yankees game on your home screen.
Once you’re into the app, the options go much, much deeper and cater to the experienced bettor. This is a good approach – cater to the masses, but leave enough options for experienced gamblers – and one that DraftKings will undoubtedly refine and optimize on an ongoing basis.
If you were wondering if DraftKings Sportsbook would be limited to only traditional sports and major leagues, don’t. They take action on everything. As of launch, they offer betting on:
And it’s not just the most popular leagues. Here’s a list of all the soccer leagues they offer action on:
I’m just kidding– that’s one of six pages of soccer leagues.
It’s 5 o’clock somewhere… and there’s a kickoff for you to bet on.
DraftKings Sportsbook doesn’t yet offer esports betting, however. But DraftKings says it does want to offer action on more vents, including non-sports events.
Types of bets
Once into your betting options, DraftKings Sportsbook offers all of the action that you would expect:
- Alternate lines
Lines are clearly defined with odds in bright green. Placing your bet is as easy as tapping what you want since available action is smartly arranged as tiles to make them obvious touch-targets:
This is a good way to list available bets. Some other sites and offshore books feature a list-based or rigid menu approach, and we think DraftKings Sportsbook makes the best use of available space as a mobile-first platform. There’s a lot of information to impart, and they do it well, though we could occasionally do with larger fonts and buttons— users would innately know to scroll to see more options.
If there’s one nitpick we have, it’s that DraftKings tries to put too much information onto the screen at once. There’s no doubt a balance to be had, and it’s something all online sports betting apps will seek to find in the early going.
We dig DraftKings Sportsbooks’ “confirm bet” overlay. After choosing your intended bet, a small box slides up and gives you large-touch-target (thank you!) buttons to choose your wager amount and a big, friendly green button that says “LET’S GET IT, HOLMES!” Actually, it says “place bet,” but close enough.
You also have the option to add bets for a parlay.
Here’s how it looks IN ACTION:
The real growth area for mobile sports betting is prop bets and live betting, so we’re going to combine them into one section.
Out of the gate, DraftKings offers your typical props (read more about props in our how to bet on sports page), but will also offer bets on DraftKings daily fantasy totals for players. That is a really, really interesting hybrid between DFS and betting and a way to bring a traditional DFS player over into a sportsbook.
But the live betting is where it’s at, both for DraftKings Sportsbook and the mobile sports betting industry as a whole. DraftKings excels at it right out of the gate.
In our testing, we were given live betting options for baseball to bet on things like run line, hits, totals, extra innings, and more, some on a inning basis. DraftKings says it will offer bets on whatever data is readily available, though some sports have more catching up to do in this regard— baseball, they say, lags behind some other sports with the speed of its data.
But where things really get interesting is with DraftKings’ live bet ticket, which allows you to exit certain bets before their completion. They call this option “cash out.” So, if you’re winning a bet and want to lock in a profit, you can do so (albeit at a slightly lower rate), or you can exit a bet you’re losing to recoup at least a portion of it.
This fundamentally changes the way you will bet on sports, point blank period. It allows bettors to hedge against themselves, protect downside risk, and also lock-in profit.
Now, to be clear, sometimes the upside risk in betting is worth it. In fact, you inherently have to take risk to be successful at betting, so you’ll undoubtedly want to be judicious about using the live ticket feature. But still, it’s crazy fun and in effect turns every bet into a live bet. Really cool.
One things DraftKings makes prominent in its app – we’re uncertain whether this a requirement of the DGE – is a bunch of safe play features.
There are three of them.
Player Limits: allows you to limit your deposits or spending on a day, week or month basis.
Self Exclusion: allows you to literally ban yourself from using the app for a set period of time that you determine.
Cool Off: allows you to prevent yourself from depositing or placing any bets for a set period of time, though you will still have access to the app.
All three of these features are impressive and useful, for everyone.
Industry officials are well aware that self-policing to prevent possible mis-use is necessary for legal sports betting to grow and succeed in the country. Features like this are welcome and commendable.
DraftKings was established in 2012 by co-founder Jason Robbins, Matt Kalish, and Paul Liberman. Robbins remains the company’s CEO. It was part of a wave daily fantasy sites that launched after 2010 and quickly became one of the top products in the field. A year later, DraftKings received an investment from Major League Baseball. That same year they also bought Draft Street, a daily fantasy competitor, and retained some of its NY-based employees. They subsequently struck deals with other leagues, teams, and ESPN.
In 2015, they received an investment from FOX Sports, Kraft Group, and others. It was at this point they, along with FanDuel, begin advertising MASSIVELY in the US and dominated sports commercial breaks. The practice caught the attention of regulators, which very much put the entire industry in doubt.
As a result, in 2016, DraftKings and FanDuel struck a deal to merge, but that was abandoned in 2017 due to a series of legal issues and costs surrounding an FTC charge that the combined companies would form a monopoly. Around this time, DraftKings began building out its sportsbook technology in anticipation of legalization in the US. They became the first company to launch a sportsbook app following the Supreme Court’s decision to overturn a 1992 law that effectively banned sports wagering every but Nevada. They are now the leader in the fledgling space.