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DraftKings Sportsbook Review: How Does DraftKings Rate Compared to the Best?

From DFS to Sports Betting with DraftKings

Dave Kuzio
Editor
Fact checked by: Jim Knight
Last Updated on 19.05.2024
DraftKings
4.3/5

Launched in 2012, DraftKings is an established sports betting platform that offers an extensive array of sports and betting markets. In this DraftKings review, we focus on the aspects that we consider essential for those seeking a high-quality betting experience.

Besides offering an easy-to-navigate, user-friendly interface on all devices, the sportsbook also provides various promotions, including a generous welcome bonus, enhancing the overall betting experience. Additionally, customers can also count on DraftKings’ customer support to promptly address issues and resolve queries. To learn more about what the platform offers and how it compares, read our in-depth DraftKings review below.

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DraftKings Pros and Cons
  • 18+ sports available to bet on
  • Top provider of same game parlay options
  • Stellar customer service
  • Variety of pre-game and live betting options
  • Limited live streaming options
DraftKings Sports Bonus
20% up to $1000
T&Cs apply, 21+
-
PayPal
Play+
VIP Preferred
Discover
Bank Transfer
Visa
Mastercard
BankWire
Venmo
Cash
Bet Selection
Basketball, Cycling, Darts, Football, Handball, Hockey, Motor Sport, Rugby, Tennis, Volleyball, American Football, Baseball, Golf, Cricket, Table Tennis, Boxing, Mixed Martial Arts, Aussie Rules, Snooker
Gaming Licence
New Jersey (US)
Withdrawal Time
0 – 5 Days
Support Types
Live Chat, Phone, Email Support

Uncover the Welcome Bonus in Our DraftKings Review

4.1/5

DraftKings has launched a fantastic March Madness bonus offer for all new players. The Promotion is valid from March 1 at 12:00:00 AM Eastern Time (ET) to March 24 at 11:59:59 PM Eastern Time (ET). You Must be physically located in CT, MI, NJ, PA, WV, or CA-ONT to be eligible. Customers must opt-in within 7 days (168 hours) of registering a new account.

That's why I like it:
High value bonuses
Bonus funds are versatile
Fair terms

You Must deposit a minimum of $5 within 7 days (168 hours) of opting in to earn a 100% deposit match bonus, up to $100 in Casino Credits eligible on select DraftKings Casino games.

DraftKings offers some of the best betting bonuses, a feat most DraftKings reviews can vouch for. Compared to the bonus offers provided by other sportsbooks, this welcome promotion is excellent in terms of value. For an in-depth insight into the bonuses offered, check out our Draftkings bonus review‌ page.

1.
Sports Bonus
Deposit Bonus
20% up to $1000
Min. Deposit: $5
Cashable: Yes
Odd: -
-
T&Cs apply, 21+
2.
Sports Bonus
Welcome Bonus
No Sweat Bet up to $1,500 + NBA SGP Every day of the playoffs
+ All-Customer SGP Insurance
Min. Deposit: $5
Cashable: No
Odd: -
-
T&Cs apply, 21+

Begin Your Betting Adventure at DraftKings

4.2/5

The registration process is thorough yet streamlined. Below are a step-by-step instructions to help sign up with the platform:

  1. Visit the DraftKings Website
    Start by visiting the official DraftKings website and clicking “Sign Up Now”. You can do this either on your desktop or mobile device.
  2. Enter Your Details
    Enter your preferred email address, username, password, and active phone number. You’ll receive a text to confirm this number. If you have a valid promo code, you can enter it as well although you don’t need one for the welcome bonus.
  3. Confirm Your Identity
    Next, enter your full name, date of birth, social security number, and home address.
  4. Verify Your Account
    Once your account is set up, DraftKings will ask you to provide a copy of your ID card or driver’s license.
  5. Make Your First Deposit
    Finally, make your initial deposit and bet on any sport.

Dive Into DraftKings’ Dynamic Product and Feature Lineup

4.4/5

DraftKings offers a wide range of sports betting products and features to cater to diverse preferences. Below is a list of DraftKings’ standout products and features:

Product/FeatureUSOntario
Welcome Offer
Existing Customer Promos
Live Streaming
Audio Commentaries
Bet Builder
Free to Play Prediction Games
Fantasy Sports
Cash Out
Mobile App

The good news is that DraftKings aims to offer consistent betting features across all regional sportsbooks, which is ideal if you are traveling to various locations and want to still access your account as normal.

DraftKings App: Bet While You're On The Go

4.4/5

The DraftKings app has an average rating of 4.8/5 on the App Store with over 650K users having reviewed it, and 4.6/5 on the Play Store, with over 125,000 votes. These ratings show how popular the DraftKings app is among both iOS and Android users.

That's why I like it:
Highly rated apps
Available on iOS & Android
User friendly design

In terms of usability, the DraftKings mobile app is impressively designed and user-friendly.  Adding bets is convenient with just a few taps, and the bottom menu facilitates easy navigation between sections. Moreover, while other platforms face issues with geolocation, DraftKings does not pose as many problems. Overall, upon testing the app on different iOS and Android devices for this review, we were thoroughly impressed with its overall performance.

To use the site, simply visit the DraftKings website on your mobile device or download the app and enjoy instant play to bet on sports and participate in DFS contests.

Draftkings mobile app
DraftKings mobile betting app
Draftkings Mobile Sports
DraftKings DFS betting

DraftKings’ Payment and Withdrawal Available Options

4.5/5

DraftKings provides a wide range of payment options. All deposits are processed instantly, with no transaction fees involved. Most deposit methods can also be used to make withdrawals.

That's why I like it:
Great choice of payments
Instant deposits
No fees

Furthermore, there is no maximum deposit limit. Like deposits, there is no maximum withdrawal limit and no fee deduction, but the processing times can differ according to your selected method. Below are the available deposit options:

Deposit MethodMinimum Deposit (USD)Withdrawal MethodProcessing TimeMinimum Withdrawal
Visa$5Play+Prepaid Card1-3 business days$20
MasterCard$5Online Banking1-3 business days$20
Skrill$5Wire Transfer1-3 business days$20
Venmo$5PayPal1-3 business days$20
PayPal$5eCheck1-3 business days$20
Play+Prepaid Card$5Check3-7 business days$20
eCheck$5Cash1-3 business days$20
Cash$5Venmo1-3 business days$20
Wire Transfer$100N/AN/AN/A

DraftKings does not charge any fees for deposits or withdrawals, however, depending on which payment method you use, the financial institution like Skrill and Play+ might have their own charges that apply so it’s always good to check the T&Cs to avoid unwanted surprises.

PayPal
Play+
VIP Preferred
Discover
Bank Transfer
+ 5

Customer Support Options at DraftKings

4.0/5

DraftKings provides round-the-clock assistance and allows you to choose from several support options. While the live chat feature is instant, the answers are automated. However, for more complex questions, you can refer to the “Get in touch” option. We tested this method and although a quicker response time would make the service even better we were impressed with the service received.

That's why I like it:
24/7 Support
Email & Social media options available
What I don't like:
Live chat can be automated

You can also email them at sportsbook@draftkings.com. Another option is to use the contact form to attach screenshots or other files with your message. For those who use X (formerly known as Twitter), you can also contact them via @DraftKings.

Customer Service DraftKings
Available Languages: English
Email: support@draftkings.com
Telephone: 877-659-6066

DraftKings’ Licensing and Security Measures At a Glance

4.5/5

Having been in the market since 2012, DraftKings holds licenses from many states in the US, including New Jersey (the New Jersey Division of Gaming Enforcement), Michigan (the Michigan Gaming Control Board), West Virginia (the West Virginia Lottery Board under license SWP-003), and Pennsylvania (the Pennsylvania Gaming Control Board under license #117645), as well as Illinois, New York, Kansas, Ohio, and Vermont. The platform has a dedicated Responsible Gambling page that stresses the importance of playing responsibly and provides helpful resources. You can also establish time and deposit limits and engage in self-exclusion.

That's why I like it:
Holds multiple licences
Good responsible gambling measures
Top security protocols

DraftKings is also partnered with reputable organizations like Gamblers Anonymous, BetBlocker, the American Gaming Association, and the Cambridge Health Alliance Division on Addiction. The platform employs state-of-the-art 256-bit SSL encryption to protect users’ personal information.

New Jersey (US)
Pennsylvania (US)
Michigan (US)
Colorado (US)
Illinois (US)
+ 18

DraftKings Rewards for Loyal Players

4.3/5

DraftKings’ tier-based loyalty program, Dynasty Rewards, involves five levels and is available for both new players and existing ones. The VIP level depends on the number of tier credits earned and the amount spent at DraftKings, but the program is invitation only.

That's why I like it:
Accessible loyalty program
High level VIP rewards
Many other promotions

Dynasty members can enjoy exclusive benefits, including custom offers, a personal VIP host, access to game tickets and private events, referral incentives, and benefits with DraftKings’s retail partners. Each player starts at the Bronze level, and the levels get upgraded as the tier credits accumulate.

Apart from this program, sports bettors might enjoy other promotions such as Parlay Insurance and No Sweat Bets, which may apply to all sports of specific leagues like the NFL, depending on the offer.

Exceptional User Experience at DraftKings

4.4/5

The sportsbook features a sleek layout designed with the users’ needs in mind, resulting in a high DraftKings rating here. Each option is just a few clicks away, and navigating through the different sections is intuitive and easy. The website stands out as one of the most user-friendly sportsbooks and includes a Quick Start Guide that helps new players find the most visited pages conveniently.

That's why I like it:
Great design
Easy to navigate
What I don't like:
No search bar

All sports are listed in the left pane; you have to scroll through them to find your preferred one. Unfortunately, there is no search bar, which would have been convenient for navigating to your preferred sports. But popular DraftKings sports betting options are listed at the top, making it easier for new players to select one.

Bonus
20% up to $1000
Payment Methods
PayPal, Play+, VIP Preferred, Discover, and many more
Mobile Accessibility
Android, iOS (Apple), Mobile Website
Customer Support
Live Chat, Email, Phone
Security & Licencing
New Jersey (US)
VIP Promotions
VIP Club
Betting Markets
19 Sport Types: Basketball, Cycling, Darts, Football, and many more
Odds Level
86% - 94%
Special Functions
Tax-Free Promotions, Cash Out
Live Betting
Not Available

DraftKings Sports Betting

That's why I like it:
Includes Daily Fantasy Sports
Odds are competitive
Live streaming available

Exploring DraftKings Betting Options

DraftKings Sport Odds Boost
DraftKings Sport Odds Boost
Draftkings sports mobile
DraftKings mobile sports betting

DraftKings is home to over 18 sports and offers a wide range of betting markets, catering to various sports fans. The main betting markets include popular sports such as American football, baseball, basketball, soccer, and hockey. Moreover, DraftKings offers different types of bets, including parlay bets, correct scores, double chances, lines, overs/unders, and point spreads.

One unique feature of DraftKings is its integration of DFS, which allows users to participate in contests alongside traditional sports betting. Navigating the markets is also made easy thanks to the platform’s user-friendly interface, which provides quick access to various markets and bet types.

Basketball
Basketball
Football
Football
Hockey
Hockey
Tennis
Tennis
Volleyball
Volleyball
+ 3

Unveiling DraftKings’ Competitive Betting Odds

When compared to the numerous sports betting sites we review, we think it is fair to say that DraftKings offers competitive odds across a wide range of sports and events, especially for top sports and leagues like the MLB, NHL, and NFL. Ultimately, while the odds may vary based on the sport and the specific market, they generally align with industry standards.

If you don’t feel comfortable simply taking our word for it, you could make use of an oddschecker. This tool will scan odds from major sporting events quickly, so you can check if you are receiving good value before you place a bet. Just to select one example, at the time of writing, the Super Bowl is on the horizon, and a bet on the Kansas City Chiefs to win carries the odds of +105. While checking those prices, we can see that you will be receiving the exact same odds at Bet365 and odds of +100 at Unibet.

Sport Average odds range
Basketball Basketball
88% - 94%
American Football American Football
87% - 93%
Rugby Rugby
89% - 93%
Ice Hockey Ice Hockey
86% - 92%

Bet While Games are In Play at DraftKings

DraftKings offers excellent live betting options for most sports and leagues, allowing customers to place wagers on sports events while they are underway. The odds for live bets change dynamically depending on the game’s current state.

Furthermore, DraftKings offers live streaming for select games in basketball, hockey, tennis, soccer, and more. While not all events are available for live streaming on the site, it is easy to identify the ones that are being streamed as they are marked with a small TV symbol. Customers can also stream games directly from the DraftKings mobile app too, which is perfect if you are on the run or in transit during a big match.

Betting Limits at DraftKings

The minimum bet amount at DraftKings is $0.10, but the platform reserves the right to limit the maximum bet amount. That said, the platform has different payout limits depending on the event and bet type.

Below we have shared a table, outlining the sports betting limits. The right-hand column represents the specific games, leagues, or tournaments to which these limits apply.

Sports MarketPayout LimitsSpecific Limits (Terms)
Soccer$500,000Olympic, World and Continental Tournaments for Men governed by FIFA or UEFA, including qualification phases. International Club Tournaments for Men governed by FIFA or UEFA, including qualification phases; Any domestic league on the top level for Men in any of the following countries: Denmark, England, France, Germany, Italy, Netherlands, Norway, Scotland, Sweden and Spain
Basketball$1,000,000NBA, Euroleague, Olympic, World and Continental Tournaments for Men governed by FIBA
Ice Hockey$250,000NHL, Olympic, World and Continental Tournaments for Men governed by IIHF, Any domestic league on the top-level for Men in any of the following countries: Finland & Sweden
Tennis$150,000Grand Slam Tournaments from 3rd round onwards
American Football$1,000,000NFL
Baseball$1,000,000MLB
Cricket$100,000International matches & Domestic top leagues
Golf$250,000Majors, WGC, PGA, European & LPGA Tour events; Ryder & Solheim Cup

Overall you can see that the limits are high for major sports and leagues, which caters to many types of bettors.

DraftKings: Our Final Verdict

The DraftKings platform offers a comprehensive sports betting experience with a wide range of sports and markets available. The platform’s user-friendly interface and in-play features enhance the betting experience, while its competitive odds and special promotions provide added value for users. DraftKings also offers seamless DFS integration, allowing users to participate in DFS contests alongside traditional sports betting.

Although the platform could improve by expanding its live-streaming offerings, it is a strong option for sports betting enthusiasts seeking a reliable platform where max winnings aren’t severely limited.

DraftKings
Sports Bonus
20% up to $1000
T&Cs apply, 21+
-
PayPal
Play+
VIP Preferred
Discover
+6

Our Final Take on the Above DraftKings Reviews

DraftKings remains an elite platform despite the increasing competition from online betting sites. One of its standout features is its generous welcome bonus, which offers $200 in bonus bets for an initial bet of just $5, setting it apart from many other sportsbooks in terms of value.

Our DraftKings review found that the platform boasts a user-friendly interface that is ideal for both desktop and mobile devices. The platform is easy to navigate, and there is a wide variety of sports available for betting. The VIP program is also extensive and provides exclusive rewards to loyal customers. Customer support is responsive and available 24/7, ensuring the timely resolution of any issues or queries. However, it’s important to note that assistance is currently only offered in English.

Furthermore, DraftKings is one of the safest platforms in the market, as it is regulated by some of the most reputable authorities globally. This means you can enjoy sports betting without worrying about your security. Join DraftKings today and experience top-tier odds, a seamless betting experience, and more.

BetMGM
Sports Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply, 21+
-
PayPal
PayNearMe
Play+
VIP Preferred
+9

Your DraftKing Review Questions Answered

Here are the answers to some of the most frequently asked questions regarding the DraftKings sportsbook.

🔏 Is DraftKings legit and safe?

Yes, DraftKings is a legitimate platform because it holds licenses from reputable authorities, and it is safe because it uses SSL encryption to protect user data.

💰 Can you win real money on DraftKings?

The bets made at DraftKings involve real money. You need to deposit a certain amount and place your bets, and you can win real money that can be withdrawn through your preferred banking method.

📱 Is there a DraftKings mobile app?

Yes, DraftKings has a mobile app that can be accessed on Android and iOS devices. The mobile interface is also very user-friendly.

💵 Why can’t I withdraw my money from DraftKings?

Your account may not be verified if you cannot withdraw money from DraftKings. Contact the customer support team for more information.

💳 Why won’t DraftKings accept my debit card?

If your credit or debit card isn’t working at DraftKings, your bank may not have approved instant payout withdrawals.

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