DraftKings Sportsbook Review & Bonus Codes 2020

  • Sportsbook
  • Bonuses
  • Online Betting
  • Mobile Betting

$1,000 Sign Up Bonus

Terms Icon

Terms & Conditions

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) or 1-800-9-WITH-IT (IN only) or 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only)
*21+. NJ/IN/WV/PA/IA/CO only.

In partnership with Meadows Racetrack and Casino. Offer not valid for users physically located in NH. Deposit bonus is in DK Dollars which have no cash value and must be used on DraftKings. Bonus requires 25x Play-Thru.  Eligibility restrictions apply. See draftkings.com/sportsbook for details.

Terms & Conditions Apply
Pros & Cons

Pros & Cons

  • Several betting options available
  • Amazing bonuses & rewards
  • Very secure gambling platform
  • Daily fantasy sports options
  • Not many withdrawal options
  • No support phone line
Sportsbook

Sportsbook

  • Navigation is straightforward
  • Many options for sports betting
  • High level of experience in the gambling market
Bonus

Bonus

  • 20% up to $500 matched bonus
  • $25 FREE sign up bonus upon successful sign up
  • Deposit $500 for a $500 risk-free bet
Online Betting

Online Betting

  • Standard user-interface
  • Incredible betting flexibility
  • Topnotch gambling platform in the industry

Overview of DraftKings Betting

Updated October 27, 2020

sportsbook overviewDraftKings is one of the most reputable names in the field of online sports gambling. They are well known for their performance and will expand into many other states in the future. At this moment, they have reached a very high point in the overall betting industry.

DraftKings seem to be paying attention to the details that bettors actually care about. It’s impressive that they also provide a unique structure and build. The website has a brilliant mix of colors, making DraftKings betting something always to admire. Every one of these features makes it highly attractive for new and old bettors.

The company is a leading supplier of Daily Fantasy Sport and sports betting. There are so many amazing sporting events present on the platform. Now, they are the top providers of Daily Fantasy Sport in the whole of the United States of America.

The site is currently working on its sports betting services and gaining reasonable ground. The sportsbook has moved from New Jersey to Colorado in the name of providing online sports betting in those States. Punters hope that they will expand toward the borders of Pennsylvania and other legal states in the US.

The website has a unique mobile platform and comes with several deposit and withdrawal options. Punters have lots of options to explore on the site. Regarding their promotions and bonuses, they are highly competitive with their promotional offers and are quite aggressive with their bonuses.
In this DraftKings review, you’ll get to know more about this site for placing your bets. You’ll also discover a couple of things about this topnotch platform for gambling. Let’s get right into it.

DraftKings Bonus Codes

sportsbook bonus codesBonus codes are essential. They make punters claim their well-deserved rewards or discounts. Also, they are very easy to use, especially on DraftKings. Just by typing a few letters and numbers, you can get your discounts or bonuses.

This platform works differently from other online gambling sites. You don’t need to contact the customer care to claim your rewards. With DraftKings bonuses, there’s so much available for both new and existing punters.

We’ll be unveiling what the DraftKings bonuses are and what each of them entails. Let’s begin with the typical kind of bonus many people know and understand; the DraftKings welcome bonus. Sign up promos or welcome bonuses are for the new players. It helps attract new bettors to create accounts on the platform.

This website does an excellent job in this category. A DraftKings bonus always has lots of benefits to bettors. If you’re trying to benefit from the DraftKings bonus code, there’s no need to make your first deposit on the website.

Interestingly, the company doesn’t use a code for their sign up bonus. As we know it, codes make the company recognize your request and make it easier for you to claim your welcome bonus.

draftkings sign up bonus

Now that we know that there isn’t any code for their amazing welcome bonus, you should know what it all entails. The sportsbook gives a $25 free signup bonus and a total bonus of up to $1,025. As a punter, you can enjoy a 20% matched up bonus up to $500.

How To Take Advantage of DraftKings No Deposit Bonus

The no deposit bonus is not very common. However, it has a lot of advantages. Please note that these bonuses are unique and different from the typical deposit bonuses. It’s one of the most effective ways of attracting punters to the website. These bonus deals are very helpful but you must know how to take advantage of them.

What does the DraftKings no deposit bonus entail? Understanding what no deposit bonuses are is important. All bettors need to register an account with the platform and take steps to claim the promotion.

Please note that no deposit bonuses are relatively rare compared to the welcome bonuses. However, they are equally beneficial to bettors and some gambling sites. The level of bonus you get as a user highly depends on the platform you use. You can enjoy these bonuses as a new punter and sometimes as an existing one.

Let’s see what DraftKings promo code entails and how much it benefits punters. A DraftKings no deposit bonus is closely similar to a DraftKings sign up bonus. The platform doesn’t give any outright no deposit bonus.

However, they provide so many other deals that are beneficial for new punters. On the other hand, DraftKings casino gives $35 free no deposit bonus. If you want to enjoy the no deposit bonus, you need to create an account. Punters don’t need to take extra steps to claim this deal.

List of DraftKings Promo Codes

The promotions available are eye-catching as all the available bonuses are beneficial. They are much higher than what a typical online gambling platform would provide. New users have so much to gain from these deals. However, each of the available ones is very helpful to new and existing bettors as well.

Please note that it’s essential to know how to take advantage of these promotional offers. The only way to make the most of them is by using the appropriate DraftKings codes that come with the promotions. For the DraftKings online sportsbook, every available promotion should be maximized.

The DraftKings free bet is one of the best deals available. You can get your first bet risk-free up to $500. For now, you don’t currently need any bonus codes to access any of the deals on offer:

DRAFTKINGS PROMO CODEBONUS BREAKDOWN
Matched Bonus: No code20% up to $500 matched bonus
Sign Up Bonus: No code$25 FREE signup bonus upon successful signup.
Risk-Free Bet: No codeDeposit $500 for a $500 risk-free bet

What Are Some DraftKings Special Offers?

One of the major things you’d notice about the sportsbook is their bonus deals. However, we have talked about special offers in this article. There’s always something more than the regular deals and promotions they place on the table. What exactly are those extra benefits?

draftkings special offers

They go beyond the typical no deposit bonuses and the other everyday deals. The most prominent ones are the $500 deposit risk-free bonus. This specific deal is pretty common; however, DraftKings has done a wonderful job by bringing this amazing bonus up for bettors. With this deal, you can risk as high as $500 on a bet, so if your bet fails, then you will get the amount back as bonus cash.

One of the most common rewards is the referral bonus—lots of sites us these bonuses to attract more punters. The company has a few terms and conditions surrounding this deal. You may need to look up their official site to know more about this reward.

Betting with DraftKings

sportsbook bettingHow does it feel to place bets on DraftKings? Are there any difficulties you may face when betting with DraftKings? All of these questions are crucial, and you should know the answers to them.

They are one of the few industry platforms that seem to be taking the right steps in terms of their betting platform. This company has done an incredible job on the site’s user interface. Navigation is easy and smooth. As for the designs, the company ensured the website is well-structured with the proper colors and graphics.

Let’s move further by analyzing how it feels to place bets on this platform. It’s very easy for punters to place bets on this sportsbook. As a punter, there aren’t a lot of things to discover about placing bets. The steps are as simple as possible.

betting with draftkings

Punters can enjoy a wide variety of bet types as well. Examples of some of them are totals, spreads, moneylines, parlays, and more. Ensure that you stick to the betting option that you comprehend. There are lots of sports you can bet on as a user, including basketball, baseball, football, and more.

How To Place a Bet With DraftKings

It’s easy to place bets on this platform. However, if you’re a new punter, you may find a number of things tricky on the website. For this reason, the guide below will teach you the steps you should take in placing bets on the site. Please follow closely:

  • Log into DraftKings: Please note that you need to have a valid account before you login. So, if you don’t have an account, you need to follow the necessary steps to create one. Enter your account name or email address, and password. Click the button SIGN IN button to continue.
  • Click on the appropriate SPORTSBOOK button.
  • Select the sport you want to wager on: There are several available games to enjoy on this platform. These games will give you all of the action you need with the in-play betting feature. The website covers all main sporting events as well.
  • Choose a bet type: Something peculiar about most of the industry’s gambling platforms is their bet type. There are so many available betting options for punters. Some of the many options are moneylines, parlays, totals, spreads, and more.
  • Enter your bet amount: This is the last step to finalize the procedure of placing bets. Enter your wager amount and confirm your entries.
  • Click the “PLACE BET” button

Different DraftKings Deposit Options

It’s also very important to check the available deposit options that a site provides. The importance of a wide variety of payment options shouldn’t be underrated. You should ensure that you use an option that works for you.

There are lots of payment methods that are available for punters. Most bettors love using credit cards or debit cards. There are other available methods like PayPal, wire transfer, cash, and more. However, each method has different processing times.

Have a look below at a table that better breaks down the leading deposit methods showing the minimum amount accepted, the maximum, and the speed:

DEPOSIT OPTIONMINIMUM DEPOSIT AMOUNTMAXIMUM DEPOSIT AMOUNTSPEED
Credit/Debit card5 Dollars2,000 DollarsInstant
PayPal5 Dollars2,000 DollarsInstant
Cash5 Dollars2,000 DollarsInstant
Wire Transfer5 Dollars2,000 Dollars1 – 5 days
Bank Transfer (ACH)5 Dollars2,000 DollarsInstant
Cash10 DollarsN/AInstant

DraftKings Payout & Withdrawal Options

Withdrawal options are essential, some punters may say they are more important than the deposit methods. However, both options are critical; the only way to make successful withdrawals is by having an efficient method of payout.

This reason is what causes sites to provide a long list of options for withdrawals. When there’s a wide variety of payout options, you don’t need to worry about getting stranded without your cash.

One of the most common methods that bettors utilize is PayPal. This is more effective when it was the same technique utilized for making deposits. Other payout options like ACH transfer and cash are also effective. If you’re choosing a method of payout based on the processing time, you should try out the cash as it is immediate.

Below is a table that shows the different options and their processing times:

WITHDRAWAL OPTIONSMINIMUM WITHDRAWAL AMOUNTMAXIMUM WITHDRAWAL AMOUNTSPEED
PayPal20 DollarsN/A2- 6 working days
Cash20 DollarsN/AOne hour
ACH Transfer20 DollarsN/A3 – 6 business days

How To Sign Up With DraftKings

sportsbook sign upThere are several rewards that are beneficial for bettors. If you want to claim the DraftKings deposit bonus, you need to create an account on the website. Registration is straightforward and punters that are familiar with registration on any online gambling platform should know the steps to take.

However, if you’re new to DraftKings sports betting, you don’t need to worry. This review will provide helpful information for you to complete the registration on the platform successfully. Please don’t forget is the age requirement. Bettors should need to be of the legal age to participate in sports gambling activities.

draftkings sign up process

With that in mind, here are the steps to register on the platform and begin your experiences with DraftKings:

  • Start by visiting the DraftKings official site.
  • Go to the SPORTSBOOK link on the upper mid-corner.
  • To continue make sure you click the “JOIN NOW” button on the top right corner.
  • Fill out the form that appears appropriately. Here the information you need to input includes:
    • Username
    • Email
    • Password
    • Country
    • State / Province
  • Click “Register”

You will need to tick two specific boxes to agree to the terms and conditions fully. Again, please make sure that you’re within the legal age.

States Where Betting With DraftKings Is Legal

sportsbook legalOne of the most critical points that punters should never forget is the legal state of DraftKings. Before you register on the platform, you should understand the states that accept DraftKings.

If a sportsbook has issues with its licensing, bettors cannot perform gambling activities in that region. Not all states in the United States of America license the operation of this sportsbook. If you’re not in the appropriate state in the United States of America or the proper location, registration will be unsuccessful.

draftkings betting legal states

DraftKings accepts punters in this list of states in the United States (as of October, 2020):

  • New Jersey
  • Indiana
  • Colorado
  • West Virginia
  • Pennsylvania
  • Illinois
  • Iowa
  • New Hampshire

The sportsbook was launched in New Jersey in August 2018. In West Virginia, it was launched in partnership with Hollywood Casino at Charles Town Races. As for Pennsylvania, they have a partnership with Meadows Casino in the state. Other regions like Indiana and Colorado are also major locations that allow the operation of this sportsbook.

How Live, In-Play Betting Works with DraftKings

sportsbook live bettingIf you place bets often, you should understand the advantages of in-play sports betting. DraftKings provides several amazing bonuses for bettors to enjoy. You can trust DraftKings for one of the best live betting experiences.

You can’t miss out on any of the action on this platform. The live betting section provides punters with all information about the live game. It’s straightforward for users to navigate and follow along with this section.

draftkings live betting

One of the noticeable features of their live betting feature is the flashing green and red color. If you notice any of these, it means your odds are either getting better or worse. Many people may liken this to a standard stock exchange, which is similar in specific ways.

In-play betting is different on DraftKings. They call theirs the FLASH BET. Unlike most of the other sportsbooks that provide features like “next to score,” Flash Bet is one of the best live betting services.

This feature is much faster than the typical live betting that we all comprehend. However, please note that the site also provides regular live betting that isn’t as fast as the FLASH BET.

DraftKings Mobile App Betting Review

sportsbook mobile appThe mobile app betting feature is topnotch. Bettors can enjoy all the benefits of this feature. Also, every gambling site needs to have a mobile-optimized site or a standard mobile application.

Bettors will be able to place bets just about anywhere within the appropriate location. Each of the advanced features that this company provides can be found in the mobile app or on the site.

The mobile app is available on both iPhones and Android. The download is simple and straightforward. However, please take note that users always need to be of the proper age before registration.

Most punters access sportsbooks with an app. It’s more comfortable than using the desktop. Hence, they have translated all the complex options of the desktop platform to be very compatible with smaller screens like your mobile phone and your tablets. You also don’t need an extremely strong network to place your bets.

draftkings mobile betting

Let’s talk more about compatibility. You can comfortably use the mobile app on Android and iOS devices. However, you must make sure that your version of Android is above 5.0. Your Apple device should also have a 9.0 or above version.

How about the app accessibility? The good news is that one app can work for multiple locations around the United States. So, punters in Pennsylvania, New Jersey, and Colorado can use the same application to place their bet.

There are several bet types available, so as a punter, you can choose any of the many betting options. However, most bettors stick to the moneylines. The primary reason for this is due to its simplicity.

It’s a direct bet type that gamblers and non-gamblers can comprehend. Other available bet types include point spreads, player futures, and more. Please note that the mobile app will effectively confirm your location when you register.

Sports You Can Bet on With DraftKings

sportsbook sports for bettingThere should be enough options for online sports betting DraftKings deals. The more the sporting events offered, the better the experience for punters. There are lots of available sports for punters.

Due to this, they can have a wide variety of options to explore. There are no restrictions regarding placing bets on this platform. Punters can enjoy several sporting events and make the most of the opportunities that are available. As a bettor, DraftKings lets you wager on standard leagues in football, basketball, baseball, ice hockey and more.

Have a look on below at the list of the sports available to bet on with DraftKings:

  • American Football
  • Basketball
  • Baseball
  • Ice Hockey
  • Golf
  • Tennis
  • UFC
  • eSports
  • and more

DraftKings Bet Types

sportsbook bet typesOld and existing punters have a long list of bet types for bettors. Depending on the one you love, each of them has its own advantages. There are a lot of bet types that existing and new punters can enjoy on this website.

One of the most common bet types is the moneyline option. Some call this the straight bet. It’s simple to understand by both gamblers and non-gamblers. Aside the straight bets, other common options are parlays, props, totals, and pleasers.

Here are the most common bet types used on DraftKings:

  • Moneylines
  • Win Totals
  • Totals (over / under)
  • Parlays & Round Robins
  • Teasers
  • Champion Futures
  • Team Props, Player Props, Game Props

DraftKings Review FAQs

sportsbook faqsWho was the founder of DraftKings?

The sportsbook was built on solid foundations. The founders are Jason Robins, Paul Liberman, Matt Kalish, and Matthew Kalish. They established this company in 2012.

How do I place a bet on DraftKings?

If you’re thinking on how to place a bet on DraftKings, think no further. The steps to place a valid bet on this platform are incredibly straightforward:

  • Click on the appropriate SPORTSBOOK button.
  • Select the sport you would love to wager on: There are several available games to enjoy on this platform. These games will give you all of the action you need with the in-play betting feature. The website covers all main sporting events as well.
  • Choose a bet type: Something peculiar about most of the industry’s gambling platforms is their bet type. There are so many available betting options for punters. Some of the many options are moneylines, parlays, totals, spreads, and more.
  • Enter your bet amount: This is the last step to finalize the procedure of placing bets. Enter your wager amount and confirm your entries.
  • Click the “PLACE BET” button.

How do you get the DraftKings sportsbook bonus code?

You can get the available DraftKings sportsbook bonus by checking our site. It’s vital that you take full advantage of the bonus deals by using the available bonuses. It is also important to note, there is no DraftKings deposit bonus code.

Is DraftKings a good betting site?

It’s safe to say that DraftKings is one of the best betting sites that extends its services to states in the United States of America. One of their strongest points is the variety of sports that they provide. As well as this, the flash bet feature is also very unique.

Is DraftKings sports betting legal?

DraftKings online betting on this sportsbook is totally legal. There are no requirements stopping specific users in the United States of America from placing bets. Please note that you must be from Colorado, Illinois, Indiana, Iowa, New Hampshire, New Jersey, Pennsylvania or West Virginia to place valid bets.

What is the minimum deposit for DraftKings?

The minimum deposit for DraftKings is much lower than that of other sportsbooks in the gambling industry. For this sportsbook, the lowest deposit amount is $5. Punters need to deposit higher amounts of money to gain more from the bonus deals.

How do I sign up for DraftKings?

If you’re thinking of how to sign up for DraftKings, there’s no need to worry. The steps to creating an account on this platform are simple and straightforward. Punters don’t need to go through long steps to register on the platform. Please note that you need to follow the right steps, to allow for a successful sign up.

How long does it take to make withdrawals on DraftKings?

There are different withdrawal times for each payment method on this platform. The time it takes for you to make a complete payout differs. For PayPal, it takes 2 to 6 working days, for cash, it takes one hour and lastly, ACH takes around 3 – 6 business days.

Final Thoughts on DraftKings

sportsbook finalOverall, DraftKings is a fantastic sportsbook and they are performing well in the market. Compared to some of the other online gambling platforms, they provide exciting bonuses and promotions. The only significant downside is that the withdrawal options aren’t as much as the deposit methods.

The sportsbook is doing relatively well in the area of legalization. They are active in New Jersey, Indiana, Colorado, West Virginia, and Pennsylvania, just to name a few. Compared to other sportsbooks in the market, they provide a large range of options for punters. It’s safe to say that this company offers the highest number of sports in the gambling industry.

*Terms & Conditions apply to all sports bonus offers. Please visit the operator's website for details.

Terms Icon

Terms & Conditions

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) or 1-800-9-WITH-IT (IN only) or 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only)
*21+. NJ/IN/WV/PA/IA/CO only.

In partnership with Meadows Racetrack and Casino. Offer not valid for users physically located in NH. Deposit bonus is in DK Dollars which have no cash value and must be used on DraftKings. Bonus requires 25x Play-Thru.  Eligibility restrictions apply. See draftkings.com/sportsbook for details.

DraftKings
  • Sportsbook
  • Bonuses
  • Online Betting
  • Mobile Betting

$1,000 Sign Up Bonus

Terms Icon

Terms & Conditions

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) or 1-800-9-WITH-IT (IN only) or 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only)
*21+. NJ/IN/WV/PA/IA/CO only.

In partnership with Meadows Racetrack and Casino. Offer not valid for users physically located in NH. Deposit bonus is in DK Dollars which have no cash value and must be used on DraftKings. Bonus requires 25x Play-Thru.  Eligibility restrictions apply. See draftkings.com/sportsbook for details.

Terms & Conditions Apply

$1,000 Sign Up Bonus

Terms Icon
Terms & Conditions Apply

Terms & Conditions

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) or 1-800-9-WITH-IT (IN only) or 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only)
*21+. NJ/IN/WV/PA/IA/CO only.

In partnership with Meadows Racetrack and Casino. Offer not valid for users physically located in NH. Deposit bonus is in DK Dollars which have no cash value and must be used on DraftKings. Bonus requires 25x Play-Thru.  Eligibility restrictions apply. See draftkings.com/sportsbook for details.