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DraftKings Welcome Bonus: 20% Deposit Match up to $1,000
The more significant new player offer DraftKings features is a 20% first deposit match up to $1,000. In this case, you must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000. This is not a reasonable DraftKings promo for the casual bettor.In addition to matching just 20%, new bettors are gobsmacked by some brutal playthrough terms tied to their bonus money at DraftKings.
For every $25 played on DraftKings, users will receive $1 in bonus funds released into their player account (e.g., a $5,000 deposit requires a user to play through a cumulative total of $25,000 in daily fantasy contests, sportsbook (-300 odds or longer), casino products, or any combination thereof to receive the maximum possible bonus amount of $1,000).
If that wasn’t bad enough, the play-through requirement must be met 90 days from the date of the first deposit to receive the maximum bonus. After that, you are ineligible to earn any additional bonus funds as part of this promotion.
Terms this bad can sometimes be found in places like the grey market in Canada or by unregulated offshore bookmakers, but you don’t see this from most regulated U.S. sportsbooks.
Ongoing Promos, Parlays, and Odds Boosts
DraftKings is one of the best online sportsbooks for providing free-to-play contests. You can participate in its “Sportsbook Daily Pools” contests every day, climb the leaderboard and win cash prizes. It also launches short-term sportsbook promos, such as profit boosts, risk-free bets, and parlay boosts. There is a refer-a-friend offer worth up to $100, and you can benefit from $100 in free casino credits in certain states, along with a deposit match bonus for the daily fantasy sports product.DraftKings also has a lot of revolving sport and event-specific new user promos. Currently, they have get $200 in free bets instantly to new users after placing a wager just $5. You could sign up for a DraftKings account, deposit $5 unlock eight free $25 bets. You then had seven days to use the free bets, which came with just a 1x playthrough requirement.
At other times, DK allows you to bet $1 on a heavy favorite at odds of 150/1 (+15000) after signing up for an account. Another example was the ability to bet $1 on a 3-point field goal being made in an NBA game at 100/1 or a punch thrown in a UFC fight at 100/1, which amounted to $100 in free bet credits.
Odds Boosts
Click on the “Odds Boosts” section on the DraftKings online sports betting site or mobile app to see a list of available boosts each day. They are generally linked to parlays or same-game parlays. For example, you might find the Bills, Browns, and Buccaneers all to win, boosted from +155 to +170, or Lamar Jackson and Patrick Mahomes to combine for 450-plus passing yards in a game, boosted from -105 to +110. These are entertaining options, but the boosts are minimal and often come with low maximum bet limits, lowering the potential for high profitability.
DraftKings Review
DraftKings has become a household name throughout the U.S. They were pioneers in the daily fantasy sports movement and made a natural jump into sports betting once it was legalized across the country.We’ll look at what DraftKings offers and why it should be a staple betting app for all new sports bettors and avoided by seasoned veterans.
DraftKings Quick Facts
| 🏅 Rating | A- |
| 🏢 Founded | 2011 |
| 🇺🇸 # of States | 18 |
| 🎰 Casino | ✅ Yes |
| ₿ Cryptocurrency | ❌ No |
| 📱 Mobile Apps | ✅ Yes (iOS, Android) |
DraftKings Locations
DraftKings Sportsbook is available for online sports betting in the following states:- Arizona
- Colorado
- Connecticut
- Illinois
- Indiana
- Iowa
- Kansas
- Louisiana
- Michigan
- Maryland
- New Hampshire
- New Jersey
- New York
- Oregon
- Pennsylvania
- Tennessee
- Virginia
- West Virginia
- Wyoming
Sports Leagues to Bet On
DraftKings sports betting customers will see a shortlist featuring the most popular sports and leagues at the top of the homepage. It generally features football, basketball, baseball, hockey, and soccer, along with big golf and tennis tournaments.NFL Betting
As an industry leader, you’ll always find one of the widest selections of NFL betting options at DraftKings. From player and team props to live betting markets, DraftKings has you covered. You’ll also find traditional bets like moneylines, spreads, and over/unders. The quality of odds at DraftKings for NFL is typically average. Be aware that regular bettors may find themselves quickly limited on popular NFL bets or excluded from ongoing promos targeted towards beginners.NBA Betting
There’s no shortage of options for NBA betting fans, as DraftKings offers moneyline, spread, and total plays for every game on the schedule. You can also wager on quarterly or halftime options and daily player props. You’ll also find plenty of ongoing promos and odds boosts for the NBA.In November 2021, the NBA announced multi-year expanded partnerships making DraftKings and FanDuel Group co-official sports betting partners of the NBA. DraftKings, whose business relationship with the NBA dates back to 2019, will become the exclusive presenting partner of NBABet Stream, the NBA’s betting-focused telecast on NBA League Pass and the NBA TV App. In addition, DraftKings will activate on-site at tentpole NBA events, including the NBA All-Star Game, Rising Stars, NBA All-Star Saturday Night, and NBA Draft.