Last Updated Sep 21, 2022, 1:56 PM ET
Good live betting section
Offers same-game parlays
User-friendly interface
Deposit Match up to $1,000
Bonuses and promotions
Banking and payout speed
Key features
Security and trust
Customer support
1-3 days
Good live betting section
Offers same-game parlays
User-friendly interface
1-3 days
BetSmart™ Rating:
BetSmart™ Rating:
From its start in daily fantasy sports to its world-class sports betting, DraftKings has proven to be a gambling industry leader by simply doing everything well. Bettors are guaranteed a secure experience, with no shortage of live betting markets and competitive odds.
Find out everything there is to know about the sportsbook in our complete DraftKings review.
Currently, you can access DraftKings sportsbook in the following states:
Given the new online sports betting landscape in the United States, large bonuses can appeal to potential new clients. DraftKings has a few great offers worth checking out.
Sign-up bonus
The latest welcome offer from DraftKings Sportsbook comes from a deposit match of up to $1,000. Create your new account and make the first deposit of $5 (minimum). Next, DraftKings will match 20% of the deposit amount up to $1,000.
You'll receive $1 in bonus funds for every $25 bet via DraftKings, with those bonus funds landing in your account once the 25-1 playthrough requirement has been satisfied on wagers tied to odds of -300 or higher. No dedicated DraftKings code is needed, but the playthrough requirement needs to be met 90 days from the date of the initial deposit.
Loyalty program
Registered bettors and newcomers alike are eligible to join DraftKings' Dynasty Rewards program. The system is tiered, with the rewards increasing in value the more 'crowns' — DraftKings' version of points — a user accumulates. One crown can be earned for every $2 placed on a sports wager.
Ongoing promotions and bonuses
DraftKings will often present boosted lines for selected markets, and these can cover different sports and leagues, including the NFL and NASCAR Cup Series. You will have to opt-in from the promotions page and place the featured bets to qualify. If successful, some boosts can add up to $250 to your total payout.
DK Squares
For those NFL bettors looking for a different type of wager, DraftKings has repurposed the popular Superbowl squares concept. Simply predict what you think the score will be and choose the corresponding square. This is available for every NFL game.
Promo code
There is no DraftKings promo code required to claim the sportsbook's current welcome offer. Before, sign-up bonuses almost always needed promo codes. Now, registering and making an initial deposit is enough.
Deposit options
Banking is simple and straightforward at DraftKings. There are multiple options available for deposits, and security is never a concern. DraftKings is one of the most popular PayPal betting sites (U.S.) in North America.
| Deposit Method | Fee | Process Time | |
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FREE | Instant | $5 |
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FREE | Instant | $5 |
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FREE | Instant | $5 |
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FREE | Instant | $5 |
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FREE | Instant | $5 |
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FREE | Instant | $5 |
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FREE | Instant | $20 |
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FREE | Instant | $20 |
Withdrawal options
You can withdraw your winnings from the account at any time through most of the same methods. DraftKings has a casino partner in each state that gives bettors the freedom to withdraw in person.
| Withdrawal Method | Fee | Process Time | |
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Free | 1-3 Banking Days | $20 |
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Free | 1-3 Banking Days | $20 |
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Free | 1-3 Banking Days | $20 |
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FREE | 1-3 Banking Days | $20 |
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FREE | 1-3 Banking Days | $20 |
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FREE | 3-7 Banking Days | $20 |
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FREE | 1-3 Banking Days | $20 |
DraftKings has a complete online sportsbook where users can bet real money on pre-match and live events. It is also adding new features that are successful on other betting sites.
The most popular sports betting feature available online is live betting — and DraftKings' live betting section is excellent. Here, users can check out markets for games in progress and view updated odds immediately. Additionally, DraftKings usually has an entire range of prop bets for major live sporting events.
DraftKings has been working on offering its users live streaming for sporting events for years on its fantasy section. Now, the sportsbook has added live streams for several leagues around the globe. However, the feature is still in its early stages, and only some locations have agreed to let the operator stream the action on the site.
DraftKings is a market leader in DFS contests, so it's no surprise to see the operator's 'Daily Fantasy' section featured prominently on its website. Users can pick from many contests across a variety of standard sports and esports contests. The entry fee can range from $1 to over $5,000, so there is always something running for just about any interested bettor.
Sports bettors can find DraftKings' cash-out feature in many markets, as the sportsbook has made this option more widely available as of late. Early cash out allows users to settle bets before matches reach their natural conclusions. It is a great way to guarantee winnings or limit losses.
The DraftKings Casino comes with an impressive range of games from renowned developers. It is only available for players in states with legal online casino gambling and can be accessed from the same account. The casino lobby hosts hundreds of popular slot games, along with live dealer options and a few DraftKings exclusives.
DraftKings offers popular same-game parlays on numerous sports, including football and baseball. To place a bet, locate a game that has a '+SGP' icon in its top-left corner, then toggle on 'Same Game Parlay' to view the available bets. From there, users can build their parlays and add them to their bet slips.
The DraftKings Sportsbook app is impressive. It is available on both Android and iOS platforms, and users can get a link to download the mobile betting app from the DraftKings website. Once installed, the sports betting app will present all the same sports and markets with a mobile-friendly interface. You can add bets with just a few taps, and the menu at the bottom provides easy access to the different sections. Of course, DraftKings uses geolocation software to ensure that mobile bettors remain within state borders.
DraftKings operates under the supervision and regulation of several state authorities. The sportsbook operator is licensed in more than a dozen U.S. states and is only available within the borders of these jurisdictions. The DraftKings website uses state-of-the-art 256-bit encryption for the best online security.
New Jersey (DGE)
Colorado Division of Gaming
Michigan Gaming Control Board
Indiana Gaming Commission
West Virginia Lottery Commission
Virginia Lottery
Pennsylvania Gaming Control Board
NH Lottery
Iowa Racing and Gaming Commission
Tennessee Sports Wagering Advisory Council
Illinois Gaming Board
Arizona Department of Gaming
Connecticut Department of Consumer Protection
Wyoming Gaming Commission
Louisiana Gaming Control Board
New York State Gaming Commission
Kansas Racing and Gaming Commission
DraftKings' dedicated customer support team is very helpful and knowledgeable. The website's contact page has a form for quickly sending messages, and the team usually responds promptly. You can also email the staff directly, start a live chat from the window in the corner, or request a callback. Customer support is available around the clock.
There's a reason DraftKings is often regarded as one of the sports betting industry's premium platforms. The sportsbook doesn't rely on brand recognition and its success in the DFS space — it delivers a great product to its customers. Here are some highlights:
Reliable and trustworthy
The DraftKings website is secure, and the operator is known for being reliable. It pays withdrawals on time without issue, and users must verify their location and identity before placing any bets.
DraftKings also stepped up to the plate with respect to problem gambling. Its recently announced State Council Funding Program provides financial assistance — $15,000 per year for three years — to state councils across the United States.
Everything from one account
In states that allow it, DraftKings users can enjoy daily fantasy sports, bet on real sporting events and even play online casino games for real money. All of this is possible using the same account balance.
| DraftKings Promo Code | No code - Claim now! |
| Welcome bonus | Deposit match of up to $1,000 |
| Minimum deposit (welcome bonus) | $5 |
| Rollover requirement (welcome bonus) | 25-1 playthrough requirement tied to odds of -300 or higher |
| Mobile app | Yes (iOS and Android) |
| Online casino | Yes |
| Odds provider | SBTech |
| Payout speed | 1-3 days |
| States with legal access to DraftKings | 18 |
| Live betting | Yes |
| Early cash out | Yes |
| Same-game parlays | Yes |
| Live streaming | Yes |
Yes, DraftKings is one of the legitimate real money sportsbooks available online.
Yes, you can join DraftKings and bet real money if you are located in a state where it is legal.
Yes, you are eligible for a deposit match of up to $1,000 when you register with the DraftKings sportsbook.
Yes, the DraftKings Sportsbook app is perfect for mobile bettors. The app includes all of the sportsbook's top features, including live betting.
No, Bitcoin is not one of the supported payment methods at DraftKings.
Yes. It is a complete sportsbook where bettors can legally withdraw their winnings. There are several options available for cashing out.
DraftKings withdrawals are normally processed within one or two business days. It can take a few more days for the funds to reach your bank account.
The site has a Contact Us page with all the needed information for reaching the support team. There is a message form, a live chat button, an email address, and even a form for requesting a callback.
Joshua Howe is a commercial content editor at Covers, assisting experts in making smarter sports bettors. Prior to joining the team in 2021, the experienced writer and editor worked in a variety of industries, including sports, marketing, and publishing.
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