DraftKings Sportsbook Review

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Last Updated 2024-07-03

Review Summary

Available across 25 U.S. States and Ontario, Canada, DraftKings is one of the most well-recognized sportsbooks in North America and provides its users with a comprehensive yet user-friendly betting experience. The platform presents a modern, easy-on-the-eyes interface, with unique and innovative betting features that rival those of any competitor. Continue reading below for our full review of DraftKings Sportsbook:

Quick Facts

Betstamp Rating
Mobile AppsiOS and Android
Same Game Parlays
Live Betting
Early Cashout
Live Streaming
Cryptocurrency
Payout Speed1-7 days
Odds ProviderSBTech
Has A Casino
Overall Rating: 5/5
  • Wide variety of markets
  • Fast Payouts
  • User-friendly interface
  • High vig on secondary markets

Payout Speed: 1-7 days

Mobile App: iOS Android

Current Bonus (Virginia)

Get Up to $300 in Bonus Bets!

Expected Value: $1,500.00

View Full TermsAZ/CO/CT/IL/IN/IA/KS/LA(select parishes)/MD/ME/MI/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY only. Void in MA. Valid 1 per new customer. A customer who makes their first deposit (min. $5) is eligible to receive up to $1,000 in DK Dollars which are released upon completion of 25x play-thru requirements. Bonus amount is equal to 20% of initial deposit, not to exceed $1,000 ($5,000 deposit req. for maximum bonus). Play-thru req. for bonus award: for every $25 played on any DraftKings product, the customer will receive $1 in DK Dollars released into their player account (applicable only on paid DFS contests, Sportsbook bets with -300 odds or longer, casino products, or any combination thereof). Customer must play through a cumulative total of $25,000 to receive the maximum bonus of $1,000 in DK Dollars ($5,000 deposit * 20% = $1,000; 25x play-thru on $1,000 is $25,000). Play-thru must be met 90 days (2,160 hours) from the date of first deposit to receive bonus award. After such date, you are ineligible to receive any additional DK Dollars as part of this promotion. Customers who previously made a deposit on any DraftKings product are ineligible for this promotion. See terms at draftkings.com/sportsbook.

Pros and Cons

  • Wide variety of markets
  • Fast Payouts
  • User-friendly interface
  • Professional customer support
  • Excellent live betting platform
  • High vig on secondary markets
  • Limited live streaming options
  • No DFS in Ontario

Depositing and Withdrawing from DraftKings

Deposit Methods

MethodFeeProcessing TimeMinimum
InteracFreeInstant$5
VisaFreeInstant$5
MastercardFreeInstant$5
MaestroFreeInstant$5
SkrillFreeInstant$5
PaypalFreeInstant$5
Play+FreeInstant$5
eCheckFreeInstant$20

Withdrawal Methods

MethodFeeProcessing TimeMinimum
PaypalFree1-3 business days$20
VenmoFree1-3 business days$20
Play+Free1-3 business days$20
eCheckFree1-3 business days$20
CheckFree3-7 business days$20
Online BankingFree1-3 business days$20
Debit CardsFree1-3 business days$20
Bank wireFree1-3 business days$20

DraftKings Customer Service Contact Info

Live Chat Hours24/7
Phone NumberCallback request
Email Address[email protected]
Support LanguagesEnglish
Twitter@DKSportsbook

DraftKings Key Features

Live Betting

DraftKings has a standout Live Betting feature, with its own dedicated section listed as “Live In-Game” in the navigation menu on the app and website. What distinguishes the DraftKings Live In-Game feature from other sportsbooks is the number of sports they offer their users and the types of bets available, such as a wide variety of prop bets compared to their competitors. In addition, users are able to take advantage of DraftKings’ Live Streaming feature to enhance their live betting experience.

Same Game Parlays

Same Game Parlays are becoming significantly more popular and a regular part of the betting experience for many. With this feature, people can bundle several wagers together into one, creating unique and creative bets in the process. Making SGPs is a breeze with the DraftKings user interface, allowing users at any level of experience to bet with this feature. To build an SGP, start by locating a game with the green “SGP” box, which you’ll notice appears alongside many of their games. Once inside the game, you can click on the banner at the top to begin building your Same Game Parlay.

Early Cash Out

Early Cash Out allows bettors to lock in a portion of the total winnings or limit potential losses before the conclusion of the event you are betting on. The Early Cash Out feature from DraftKings is now available across many of their markets as they have recently focused on expanding this feature for their users.

Casino

DraftKings not only has a first-class sportsbook but also an incredible online casino. The casino is filled with every game you can think of: slots, blackjack, roulette, poker, and more. Users can easily switch between betting on sports and playing casino games through a single login and site/app. The casino also features an impressive Loyalty Program, which we discuss more in depth below. Read our full DraftKings Casino Review here

 

Loyalty Program

Even though DraftKings does not have a specific loyalty program for its everyday sportsbook customers, it regularly runs promotions and gives out bonuses to new users along with personalized bonuses to existing customers. However, DraftKings does have a VIP program that is by invitation only. Moreover, DraftKings has a well-developed Loyalty Program for its Casino, known as DraftKings Dynasty Rewards, that allows customers to earn points for their playtime.

DraftKings FAQs

How do I bet on DraftKings?

To bet on DraftKings, you need to register and verify your DraftKings account. After depositing to your account, select the event or game you would like to bet on. Then select the market you would like to bet on (moneyline/player prop/total points/etc). The bet will show in your betslip. From here, choose how much you would like to wager and place your bet.

Which states and provinces is DraftKings Sportsbook legal in?

DraftKings Sportsbook is available in Canada only to residents of Ontario under a license from the Alcohol and Gaming Commission of Ontario. In the United States, DraftKings is available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, Wyoming. Note that DraftKings Sportsbook and DraftKings Daily Fantasy Sports are not the same thing and are available in different locations due to legislation.

Is DraftKings Sportsbook and DraftKings Daily Fantasy the same thing?

The key difference between Daily Fantasy and a Sportsbook is that in Daily Fantasy you are betting against other players whereas you are betting against the house when you bet on a Sportsbook. Daily Fantasy is legal in many more states than traditional sports betting. In states where DraftKings Sportsbook and Daily Fantasy Sports are both legal, you can use the same login and wallet balance to access both platforms.





Betstamp FAQ's

How does Betstamp work?
Betstamp is a sports betting tool designed to help bettors increase their profits and manage their process. Betstamp provides real-time bet tracking, bet analysis, odds comparison, and the ability to follow your friends or favourite handicappers!
Can I leverage Betstamp as an app to track bets or a bet tracker?
You can easily track your bets on Betstamp by selecting the bet and entering in an amount, just as if you were on an actual sportsbook! You can then use the analysis tool to figure out exactly what types of bets you’re making/losing money on so that you can maximize future profits.
Can Betstamp help me track Closing Line Value (CLV) when betting?
Betstamp will track CLV for every single main market bet that you track within the app against the odds of the sportsbook you tracked the bet at, as well as the sportsbook that had the best odds when the line closed. You can learn more about Closing Line Value and what it is by clicking HERE
Is Betstamp a Live Odds App?
Betstamp provides the ability to compare live odds for every league that is supported on the site, which includes: NFL, NBA, MLB, NHL, UFC, Bellator, ATP, WTA, WNBA, CFL, NCAAF, NCAAB, PGA, LIV, SERA, BUND, MLS, UCL, EPL, LIG1, & LIGA.
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