DraftKings Sportsbook Promo Code Bonus

DraftKings built its name by revolutionizing the online daily fantasy sports industry. But now it is also one of the largest online sportsbooks and casinos in the world, and it is based in the United States.

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DraftKings Sportsbook

The DraftKings brand comprise three core components: DFS, sportsbook and casino. The sportsbook is the focal point for this overview, but it is important to note that your DraftKings account will provide you access to all three, and any money you deposit is available through all of them. In addition, DraftKings now has physical locations where you can deposit money, bet and withdraw your winnings.

DraftKings does a lot really well as an online sportsbook. First and foremost is that it gives the American sports bettor peace of mind. This is a reputable company that is governed by American laws and does not screw around when it comes to bonuses and withdrawals. The other thing it does very well is the user experience. The interface is intuitive and fast, and it includes a wealth of tools and other resources for the bettor who likes to research stats, analyze trends and so forth.

States Where DraftKings Is Available

Sports betting in the United States is legal or not on a state-by-state basis. Even among states that have legalized it, there is a lot of variance in terms of how and where you can bet. This has caused the sportsbook rollout to be slow and methodical. There are currently 12 states where you have full access to the DraftKings offerings online: Colorado, Illinois, Indiana, Iowa, Michigan, New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming.

DraftKings maintains a webpage where you can get additional information about your particular state. Visit DraftKings here.

If you live outside of these states, you can still play real money daily fantasy sports contests at DraftKings and receive a $500 DFS bonus.

DraftKings Sportsbook Promo Code Bonus

The DraftKings Sportsbook offers a welcome bonus to all new members. The bonus requires a minimum deposit of $5, and the sportsbook will give you a bonus worth 20% of the deposit amount up to $1,000. A $100 deposit would therefore give you access to a $20 bonus, and you would need to deposit $5,000 in order to claim the maximum bonus amount.

You do not need to enter any promo code to receive this maximum bonus offer!

Bonuses are awarded in the form of non-cashable sportsbook credits. Furthermore, bonuses are not awarded immediately or in a lump sum. Instead, the sportsbook will award you $1 in bonus credits each time you have played through $25 of real money win or lose.

Other DraftKings Sportsbook Promotions

DraftKings has an ongoing refer-a-friend program that lets you and a buddy claim a $25, $50 or $100 free bet depending on much they are willing to deposit up to $100, and the free bet is in addition to any welcome bonus that the referred friend chooses to collect.

The Sportsbook Daily Pools are free to enter and available every day of the week. The prize pool is often as high as $30,000, and there are sometimes prize pools in the millions for high-profile events.

DraftKings also has a regular promotion schedule, and it offers free bets, no brainer bets and enhanced odds. These offers generally reflect the hot market. As this review is written, DraftKings is gearing up for the NFL season, and its offerings reflect that. The no brainer bet this opening week is that Tampa Bay will not lose to Dallas by 73 points. Yes, you read that right: 73 points. You can even bet up to $50, and this +73 spread has a -110 odds, which means the sportsbook is essentially giving you $45.45 for free.

DraftKings Sportsbook VIP Program

The DraftKings Sportsbook offers VIP membership by invitation only. You can request immediate VIP status if you have VIP status at another prominent sportsbook. Otherwise, you will have to earn it. VIP status comes with dedicated and specialized customer support and exclusive promotional offers. You will also receive invites to various sporting events in your area.

How to Access DraftKings: Website and App

You can create your DraftKings account via the website or the app. There is an iOS app available for iPhone, iPad and other Apple devices. There is a Google Android app that supports most Android smartphones and tablets. There is also an Amazon Fire-specific app for Fire tablets. Links to the Apple and Android apps can be found on the DraftKings website. You can also download through the Apple App Store, the Google Play store and the Amazon Appstore. Note that Google does not offer the DraftKings app via the Google Play store in all states due to particular laws. If you live in such a state, then you have to download the APK from the DraftKings website and install it yourself.

Markets

DraftKings is an American sportsbook that caters to an American audience in its default configuration, but it really is a global sportsbook. You can bet on cricket in India and obscure horse races in the United Kingdom and even switch the odds from American to decimal or fraction so that the website or app speaks your gambling language so to speak. All the major North American sports are well represented: NFL, MLB, NHL, NBA. NCAA football and basketball are as well, and you can, in fact, wager on most division I sports. You can also bet on golf, soccer, boxing, mixed martial arts, motorsports, Aussie rules football, lacrosse, rugby, tennis, tablet tennis, darts, handball and much more.

Betting Types

The DraftKings Sportsbook offers spread betting, moneyline and totals, which is also called over/under. The standard odds for spread bets and totals is -110, but the vigorish can range as high as -120 and as low as -100. The sportsbook also offers a wide range of prop bets that reflect the particular market. NFL props, for example, include first scorer, anytime scorer and QB passing yards over/under. Single bets are available, but you can also combine multiple bets into a parlay or teaser.

Deposits and Withdrawals

You can make deposits to and withdrawals from your account online through the website or app and also through physical locations if applicable in your state. The minimum deposit online is $5, and DraftKings accepts PayPal, Visa, MasterCard, Discover and American Express. You can also wire transfer from your banking account or send an electronic check. The maximum deposit is $2,000 for new accounts, but this limit can be increased as you become established at DraftKings. The minimum withdrawal online is $20, and your options are either PayPal or a bank transfer. Withdrawals can take up to 6 business days to complete.

Betting Slip: How to Place a Bet

Bettors will find the same user experience when they are betting through the website or the Android or Apple app. DraftKings Sportsbook uses the concept of a bet slip. Each slip can hold up to 12 individual bets. Each bet can be maintained as a standalone wager referred to as a single bet. You can also combine multiple bets into a parlay or teaser.

DraftKings includes parlay insurance with most multiple bets up to a $25 free bet. Once you submit a slip, it can be found in the My Bets section. Once a game is underway, you have access to live betting. You can place bets on a game as it unfolds. You can also cash out early either to secure your winnings or to mitigate your losses.

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