- DraftKings Sportsbook launched in August 2018
- Currently operational in New York, Ohio, Massachusetts, and more
- Planning to be operational in more states when legal
- Favorable odds available
- Best cashout feature in the industry
- Huge range of international and American sports
- One app for all bettors
- Easy to place bets on the go
- Live betting available to mobile users
DraftKings Sportsbook Review: What You Need to Know
The DraftKings online sportsbook and betting app combo is one of the best-known legal sportsbooks for American bettors. Along with their primary rival FanDuel, DraftKings was one of the first operators to provide legal online betting in the US.
Both brands made the jump into online sports betting from the world of daily fantasy sports. Today, DraftKings is one of the most recognizable brand names in sports thanks to several well-funded ad campaigns.
So, does the platform live up to the hype? Our review covers everything you need to know about DraftKings’ sportsbook.
Overall, DraftKings provides an incredibly approachable sports betting experience. It’s very easy to navigate through the site, and it caters to new bettors by walking through the basics. Seasoned bettors have plenty to be happy about as well, with boosted odds offered on an incredible selection of different sports and betting markets.
Here’s everything you need to know to get started with the DraftKings sportsbook and betting app.
Where Is DraftKings Legal?
DraftKings is committed to expanding to all available markets as more states legalize sports betting across the United States.
The online and mobile platforms are available wherever possible, but DraftKings also operates retail sportsbooks in states that do not allow online sports betting.
Here are the states where you can find the DraftKings sportsbook:
DraftKings Sportsbook States
|State||Online Betting?||Retail Sportsbook?||Retail Location(s)|
|Arizona Sportsbooks||Yes||Yes||TPC Scottsdale|
|Colorado Sportsbooks||Yes||Yes||Golden Mardi Gras Casino|
|Connecticut Sportsbooks||Yes||Yes||Foxwoods Resort Casino|
|Illinois Sportsbooks||Yes||Yes||Casino Queen|
|Iowa Sportsbooks||Yes||Yes||All Wild Rose Casinos|
|Kansas Sportsbooks||Yes||Yes||Boot Hill Casino and Resort|
|Louisiana Sportsbooks||Yes||Yes||The Golden Nugget Lake Charles|
|Mississippi Sportsbooks||No||Yes||Scarlet Pearl Casino|
|New Jersey Sportsbooks||Yes||Yes||Resorts Casino|
|New York Sportsbooks||Yes||Yes||Del Lago Resort|
|New Hampshire Sportsbooks||Yes||No||N/A|
|Ohio Sportsbooks||Yes||Yes||Hollywood Casino Toledo|
|Pennsylvania Sportsbooks||Yes||Yes||The Meadows Casino|
|West Virginia Sportsbooks||Yes||No||N/A|
DraftKings has already obtained licenses to operate in additional states. This page will be whenever new DraftKings locations become available.
DraftKings Sportsbook NY officially launched in New York on January 8, 2022.
The DraftKings Sportsbook is officially online in Arizona. They have some of the best sign-up offers ready for new users in Arizona, and bettors will soon be able to visit their “19th hole” retail location at TPC Scottsdale.
DraftKings Louisiana officially launched on January 28, 2022.
DraftKings Maryland began offering online sports betting on November 23, 2022.
DraftKings Massachusetts launched their online sports betting app and site on March 10, 2023.
DraftKings Sportsbook Provinces
With single-game sports betting legalized and launching across the Great White North, DraftKings Canada is one of the first betting sites available to bettors north of the border.
Provinces like Alberta and British Columbia are expected to launch at some point in the near future. Stay tuned for more details on DraftKings Canada.
DraftKings has lots to offer in terms of valuable bonuses. With a Bet $5, Get $150 promo and several creative ongoing promos to keep you coming back for more, the promotions are easily one of the best things about this sportsbook and betting app.
DraftKings Promo: Bet $5 and Get $150
DraftKings Sportsbook has a perfect sign-up promo for anyone who wants to start wagering on any action in the coming weeks.
Register with DraftKings using and make your first deposit. Then, place a $5+ wager. You’ll instantly receive $150 in bonus bets along with any cash winnings from your original wager.
DraftKings Ohio Signup Promo
Just sign up with DraftKings Ohio using the links above and you’ll automatically unlock this excellent welcome offer.
DraftKings Maryland Welcome Offer
If you were lucky enough to claim DraftKings Maryland’s pre-launch offer of $150 in bonus bets, you can still claim this welcome offer along with it.
DraftKings Kansas: Now Available
Kansas sports betting is now live in the Sunflower State and DraftKings Sportsbook Kansas is giving new users a Bet $5, Get $150 promo that they can now claim.
DraftKings also has a rewards program that offers bonus bets, odds boosts, and other benefits the more you wage. Additionally, they often credit players with bonus bets at seemingly random times (though you’re not likely to get these perks if you’re winning every bet).
Seasonal promotions are dime a dozen, with new bonuses popping up weekly and monthly. The bottom line is that you’ll be able to take advantage of a staggering number of DraftKings promo offers so long as you are actively wagering with the DK app or online sportsbook.
Bonus offer availability varies by location and changes frequently. Please consult each sportsbook directly to confirm the availability of the bonus offers featured on this page.
DraftKings Sign Up Offer & Deposit Bonus
Taken at face value, DraftKings has the most enticing welcome bonus for new players of any regulated legal sportsbook. New players are eligible to receive $1,050 in bonus bets right off the bat.
Let’s run through everything you need to do to make the most of this offer and understand the restrictions.
DraftKings Deposit Match
NOTE: This offer is currently not available in KS, NJ, MA, OH, TN, and VA.
The DraftKings sign up offer is a straightforward deposit match. DraftKings will match 20% of your initial deposit up to $1,000.
So, if you’re able to deposit $5,000 when you open your new account, DK will deposit an additional $1,000. This is adjusted for any amount you deposit – if you make an initial deposit of $100, you’ll be credited $20.
To withdraw funds acquired via the 20% deposit match, you’ll need to place several bets. This is called a “rollover” or “play-through” requirement. For each $25 you risk in the DK sportsbook, $1 of the deposit match bonus money will be released into your account for withdrawal. This means you’ll need to wager $25,000 to receive the max bonus amount of $1,000 (25x rollover).
We understand that this is a significant restriction, but high rollover requirements are common in the world of online sports betting. If you plan on betting with DraftKings long-term, you should be able to take full advantage of the offer.
Exclusive Extra Offer: $50 In Bonus Bets
In addition to the $1,000 deposit match offer, new users who create a DraftKings account using the links on this page are eligible for an exclusive $50 in bonus bets at first deposit.
Again, this is an additional offer for new users – and you must use our exclusive link links to redeem it.
It will not affect your $1,000 deposit match bonus, and provide an extra $50 in betting funds as soon as you make an initial deposit. Even rivaling Caesars Sportsbook promo code, which is offering a first-bet insurance promo right now.
Ongoing DraftKings Promos & Bonus Offers
Daily Boosted Odds
Boosted odds offer a better payout on select events. For example, you might see a boosted line shift from +1500 to +1620, or go from +445 to +485.
DraftKings boosts odds on a variety of straight bets and props, but they tend to be limited to selections at longer odds.
You can easily see which events have boosted daily odds by selecting “ODDS BOOSTS” in the navigation menu.
DraftKings Profit Boost Tokens have the same effect as enhanced odds – if your bet is a winner, you’ll get a bigger payout than the initial odds suggest. The difference is that you choose which bets you want to use these boosts on, within the specified conditions of each token.
The terms are usually something like “30% boost on any NFL selection”. You’ll gain Profit Boost Tokens the more you wager or complete DraftKings Missions.
DraftKings Missions and My Rewards
If you click the “REWARDS” tab, you can see all of the promotions currently available to you at the DK sportsbook. The My Regards program is based around the completion of specific “Missions” asking you to take a side on select wagers or propositions.
You’ll earn odds boosts, enhanced payouts, and more for each mission completed.
DraftKings offers parlay insurance worth up to $25 on multibets that contain five legs or more from select leagues and events.
If just one selection in your five-leg parlay fails, you will be refunded the amount you risked as a bonus bet, up to $25. Best of all, you can take advantage of this offer up to four times per day!
Sport and Market-Specific Offers
DraftKings updates their promotions on a weekly and monthly basis. These seasonal offers vary in format, but they often include bonus bet credits and focus on teams that are popular in local markets.
We recommend checking the “Rewards” tab every time you log into the DK sportsbook to make sure you don’t miss any enticing new offers.
DraftKings Referral Bonus
DraftKings is one of the only legal sportsbooks to offer a referral bonus to existing customers. The offer is straightforward.
If you refer a friend who registers a new account and makes a deposit, you’ll be awarded up to $100 in bonus bet credits.
Make sure they use your personal referral code upon registration and both of you will be credited a bonus bet equal in value to their first deposit (up to $100).
DraftKings VIP Program
DraftKings offers an invite-only VIP program to reward their biggest customers with the “royal treatment.”
While the rewards offered through the program aren’t advertised to the public, VIPs can expect exclusive access to private DraftKings events at major sporting events, along with other travel experiences.
To inquire about joining the DK VIP program, bettors simply need to email email@example.com.
Of course, we’d recommend placing some hefty wagers first.
All About the Bonuses
While the terms can sometimes be a bit confusing, DraftKings promo codes offer a ton of promotions and bonus offers for a legal online sportsbook. They’ve also done a good job of presenting a range of different promotions to cater to every kind of bettor.
f you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN). 21+. NJ/PA/WV/IN/IA/CO/IL/TN/MI/VA only. Min. $5 deposit required. Deposit bonus requires 25x play-thru. Deposit bonus issued as site credits. Eligibility restrictions apply. See draftkings.com/sportsbook for details.
When push comes to shove, even the best bonuses and promotions are useless if the sportsbook experience is lacking. But you can rest assured that you won’t be disappointed in the actual wagering available through the DK betting app and sportsbook.
The depth of options in terms of both events and wagering options is truly staggering. DraftKings has gone to great length to offer an engaging experience for new and seasoned bettors alike.
DraftKings odds are more or less in line with industry standards for legal sportsbooks regulated in the US. That said, experienced bettors accustomed to sportsbooks licensed elsewhere may find the vig – or bookmaker’s fee – to be higher than expected.
DK has a lot of innovative offerings you won’t find on other sports betting sites. Their cashout feature is the best in the business, and “Flash Bets” adds even more excitement to live wagering. We cover these and other features in detail below.
Even with all these extra offerings, the online sportsbook and DraftKings app are very user-friendly. Beginners benefit from simplified language (no industry lingo), and app users will find the experience fully optimized for smaller screens.
Let’s dive into the details.
What Sports Are Available at DraftKings?
You might expect a heavy focus on major North American sports considering DraftKings’ roots as a US-based operation, and the fact that both the NHL and MLB have an equity stake in the company. And while major professional leagues and college sports are certainly a focus at DK, the brand has made a point of offering bettors as many options as possible.
Expect to see an extensive number of international leagues on offer, along with more obscure sports like darts and snooker. It’s not an exaggeration to say that if there’s action to be had on an event, it’s available at DraftKings.
Here’s a selection of the sports offered:
- Aussie Rules
- Basketball (NBA, NCAAB, Int’l)
- Football (NFL, NCAAF, CFL, XFL)
- Hockey (NHL, Int’l)
- MMA (UFC)
- Motor Sports (NASCAR, F1)
- Rugby League
- Rugby Union
- Soccer (Multiple Int’l Leagues. Int’l Competition, World Cup)
- Table Tennis
- Track & Field
- Winter Sports
And yes, DraftKings even offers Pesäpallo for any fans of this unusual Finnish take on baseball out there.
On Oct. 13, 2021, DraftKings announced themselves as an official sports betting, daily fantasy sports, and iGaming partner of the NHL in the United States. As part of the deal, DraftKings will have full access to NHL assets and logos.
Please note that not all sports will be available in all states and markets DK operates in. Crucially, bettors in New Jersey and New Hampshire cannot place wagers on any college events that take place within their respective states or that include a team representing a college or university from the state.
DraftKings offers access to some of the most competitive and up-to-date odds on the sportsbook market. You can be confident you’re getting some of the best prices out there when you wager with DraftKings Sportsbook.
The NFL gets the most betting action every year, and DraftKings offers a wide array of favorable NFL odds. Users can find odds on various betting types, like moneyline, point spread, totals, futures, props, and more.
DraftKings extends its comprehensive odds coverage beyond the NFL, including other popular sports like MLB and NBA.
Whether you’re interested in betting on football, baseball, basketball, or any other eligible sporting events for that matter, DraftKings offers some of the best lines around.
DraftKings’ odds and lines provide a diverse and engaging betting experience for sports fans, saving you time on line shopping so you can get back to analyzing statistics, strategizing, and making informed wagers.
How to Build Prop Bets on the DraftKings App
Eager to place a prop bet on the DraftKings app? Just follow these straightforward steps on how to build prop bets on the DraftKings Sportsbook:
- How to Start: Sign up for an account and log in to the DraftKings app.
- Choosing a Sport: Navigate to the sports menu and choose the sport you’re eager to wager on.
- Selecting Your Game: Pick the specific event that you want to make a prop bet for.
- Investigate Betting Categories: Look for a list of different betting categories featured above the odds. This menu will present you with various options for prop bets, from player props to other eligible outcomes.
- Locate Available Props: Once you’ve selected the prop betting category, you’ll be presented with a list of available props. These props represent specific aspects of the game that you can bet on aside from the final outcome.
- Select a Prop Wager: From the list of available props, choose the specific prop wager that piques your interest. It could be related to a player’s performance, a team’s outcome, or any other unique aspect of the game.
- Calculate Your Bet: Enter the amount you’re willing to stake on the bet slip. Make sure to review your wager and consider your budget before placing the bet.
- Confirm the Wager: Once you’re satisfied with your selection and the amount you’re willing to wager, click the “Place Bet” button to submit your prop wager.
Remember, the layout and features of the DraftKings Sportsbook app may change over time, so these steps could be different depending on when you use the app. However, the general steps listed above will be simple and user-friendly regardless of changes.
DraftKings Player Props
Player props have become increasingly popular among sports bettors at DraftKings, offering a unique way to wager on individual player performances. DraftKings Sportsbook offers a wide range of player props that can take your sports betting experience to the next level.
Here are three different player prop examples and corresponding odds you might find at DraftKings:
LeBron James – Over/Under 7.5 Assists
- Odds: Over 7.5 Assists (-104) | Under 7.5 Assists (-117)
- LeBron’s playmaking skills make it likely he’ll exceed 7.5 assists. Consider betting the Over.
Christian McCaffrey – Total Rushing Yards
- Odds: Over 85.5 Yards (-134) | Under 85.5 Yards (-110)
- If CMC is facing a tough defense, he may have limited rushing opportunities. You might want to go with the Under for total rushing yards.
Kevin Durant – Total Points Scored
- Odds: Over 29.5 Points (-108) | Under 29.5 Points (-116)
- Durant’s scoring ability against a weaker defensive team would suggest he’ll surpass 29.5 points. Take the Over.
DraftKings player props add an extra layer of excitement to your sports betting experience, giving you the chance to hone in on particular player performances rather than just the outcome of the game.
DraftKings Team Props
In addition to individual player props, DraftKings also offers a huge array of team props that invite sports bettors to wager on various aspects of a team’s performance.
Here are three different team props examples you might see at DraftKings along with their potential odds:
Los Angeles Lakers – Total Points Scored
- Odds: Over 110.5 Points (-112) | Under 110.5 Points (-125)
- With a potent offense thanks to players like LeBron James and Anthony Davis, it’s likely the Lakers will exceed 110.5 points. Take a good look at the Over for this prop.
Green Bay Packers – Total Passing Yards
- Odds: Over 275.5 Yards (-125) | Under 275.5 Yards (-140)
- If the Packers are facing a vulnerable secondary, Green Bay’s passing game could thrive. Bet on the Over if you expect them to exceed 275.5 passing yards.
Los Angeles Dodgers – Total Runs Scored
- Odds: Over 5.5 Runs (+165) | Under 5.5 Runs (-180)
- Featuring a powerful lineup with favorable hitting conditions, the Dodgers could likely score more than 5.5 runs. Hammer the Over for this DraftKings team prop.
Team props from DraftKings provide an unbeatable way to bet on squad accomplishments. Analyze team strengths, opponent weaknesses, and recent trends to make informed decisions and win big.
One of the most unique highlights of DraftKings Sportsbook is their Same Game Parlay Extra (SGPX) feature. The SGPX functionality from DraftKings allows sports bettors to combing multiple single bets and same game parlays into one giant wager.
Here’s how to build a SGPX on DraftKings:
- Sign in to your DraftKings Sportsbook account.
- Determine the first event you’d like to add to your SGPx.
- Enable the Same Game Parlay option.
- Select your SGP for the event, but don’t place the bet until you’ve added more choices.
- Repeat this process for each bet or SGP you want to add to your SGP
- If you want to add another SGP to your SGPx, turn on the SGP toggle. If you only want to add a single leg from a game, add it from the non-SGP options.
- Click on the Bet Slip to review each bet you have added.
- In the Parlay section of your bet slip, enter the desired wager amount. The Parlay Odds will be displayed next to the SGPx [ ] Pick Parlay line on your bet slip.
- Click on Place Bet $ to finalize and place your SGPx bet.
Same Game Parlay Extra features from DraftKings Sportsbook take all the wagering action to a whole new level. SGPX is just one more reason to love everything DraftKings has to offer.
What Type of Bets Can I Place?
DraftKings also offers excellent variety in terms of the types of wagers available. Expect to see all of the standard options available at online sportsbooks, with a deep range of alternate lines and secondary markets like halves, quarters, or periods.
At a minimum, you’ll encounter the following:
- Point Spreads
- Totals (Over/Under)
- Championship Futures
- Player Futures
- Win Totals
- Parlays & Round Robins
- Team Props, Player Props, Game Props
If you’re not sure what some of these terms mean, all the better. DraftKings uses simple language like “Who Will Win?” vs “Moneyline Odds” to make it crystal clear what you’re betting on.
This is just one of many considerations DK has made to help less experienced bettors learn the ropes quickly. DraftKings has an entire section of guides dedicated to helping newcomers learn to bet and understand the more complex elements of betting on sports.
You can’t create your own props or specials at DraftKings, but there are more than enough existing options to choose from. You’ll find both serious, stat-related propositions and more creative options that offer up extra entertainment value.
One unique offering is the ability to wager on Daily Fantasy Totals for key players. For those players who want to merge the worlds of DFS and sports betting, this hybrid option from DraftKings is a great way to go.
DraftKings also allows much smaller wagers than the majority of the competition. You can risk as little as ten cents on straight bets.
DraftKings Flash Bet: A New Kind of Live Betting
Live, in-game betting has exploded in popularity, with some bookmakers now suggesting it makes up most of their business.
And what’s not to love? Placing bets on events as they unfold in real time is simply more exciting than only doing so before the game begins. With Flash Bet, DK has taken the excitement a step further.
While most online sportsbooks now offer the option to bet on things like “next to score” or “result of current drive”, Flash Bet is the only true play-by-play live betting platform we’re aware of.
Originally developed for tennis but now offered for other sports, the platform allows you to follow the event in real time with embedded graphics while it serves up a flurry of propositions to quickly wager on the exact moment at hand.
Wagers are graded instantly, allowing bettors to have something of a rolling bankroll as they bet throughout an event. You can bet on every point in a tennis match, every snap in NFL games, and every pitch as you make Flash Bets for MLB games.
Ultimately, it’s just a much faster version of the live betting that so many bettors have come to love.
DraftKings also offers slower-paced “traditional” live betting in a separate section of the site.
DraftKings Betting Carousel
You could easily spend hours exploring all the wagering options at DraftKings. Anyone with a TV streaming service is probably familiar with the frustration of endless scrolling, but DraftKings has adopted a Netflix-like feature to help you out: the Betting Carousel.
DraftKings will use your previous wagering history to determine your preferences over time. From there, they use this information to serve up the lines you’re likely to be most interested in on a silver platter.
This is a small thing, sure. But the betting carousel is an important part of DraftKings’ overall effort to provide a more personalized entertainment experience while still offering value to bettors.
Just don’t call them the Netflix of online betting.
Cash Out Early
Like many other online sportsbooks, DraftKings will allow you to settle some wagers before the conclusion of the event or proposition.
Unlike many other online sportsbooks, DraftKings allows you to do so on a huge range of bet types and sports, including parlays.
DraftKings signed an agreement with Simplebet to provide microbetting options on the DraftKings Sportsbook.
This feature allows sports bettors to wager on individual moments (i.e. the outcome of an individual at-bat or pitch) in NFL, MLB, NBA, and college football games.
DraftKings knows most of its users are going to be accessing the sportsbook via an app. To accommodate, they have translated the relatively complex options of the desktop platform to be fully compatible with smaller screens and weaker connections.
Android and iOS users can download the DraftKings sportsbook app directly from the App Store or Google Play. Conveniently, there is only one app across all the markets DK operates in, so you don’t need separate sports betting apps to bet in New Jersey vs. Pennsylvania, for example.
In my opinion, the DraftKings Sportsbook app is easily one of the most user-friendly among its competition. I would recommend this app to first-time users simply based on how intuitive and deep the interface really is. Sports betting options are clearly laid out in plain sight so you can easily navigate and find the NFL, NBA, NHL, and MLB without pulling your hair out. The app also includes a very convenient promos tab that I found myself going back to constantly to find new bonuses to use.
How to Sign Up at DraftKings Sportsbook
Signing up for a new account at DraftKings is extremely simple, unless you live in Iowa. Even there, the process is pretty straightforward.
If you have the following info ready to go, you’ll be up and running in no more than ten minutes:
- Full name
- Date of birth
- Last four digits of Social Security Number
Unlike some other legal online sportsbooks, DraftKings does require you to upload a copy of your government-issued ID at the time of registration.
Bettors in Iowa will need to verify their account in-person after providing the basic info above. You can do so art the following locations:
Wild Rose Clinton
777 Wild Rose Drive
Clinton, IA 52732
Wild Rose Emmetsburg
777 Main Street
Emmetsburg, IA 50536
Wild Rose Jefferson
777 Wild Rose Drive
Jefferson, IA 50129
You do not need to have an existing DraftKings online account to wager at DraftKings retail sportsbook locations.
You must be at least 21 years old to open a DK sportsbook account. Users in New Hampshire can use the platform if they are at least 18 years old.
You must be physically located in a state that allows online sports betting and in which DraftKings holds a license to operate. You do not need to be a resident of one of these states – you simply need to be physically present within their boundaries. See below for the full list of states in which DraftKings currently operates.
If betting from a computer, you’ll need to download and enable Geo-Comply software to confirm you are within state lines. This functionality is already built into the mobile app. Expect to have your location pinged every time you log in, fund your account, place a wager with the DraftKings app or online sportsbook.
DraftKings Payment Methods
Making deposits and withdrawals at DraftKings is a breeze. Pain-free banking transactions are one of the primary advantages of betting with a fully regulated legal sportsbook, and the DraftKings website and app gives you lots of different options to choose from.
DraftKings charges no additional fees for deposits or withdrawals, no matter which payment method you prefer to use.
Once you’ve registered your account, you’ll be able to choose from a handful of instant deposit options to get rolling right away.
If you already have an existing DraftKings account for daily fantasy (DFS), you can use contest winnings to place sports bets, but you can’t simply transfer funds that haven’t already been played-through on the DFS side of the site.
Withdrawal options are slightly more limited due to state regulations, but there’s still a good number of secure and instantaneous options to choose from.
DraftKings Deposit Methods
You can make a deposit into your DraftKings account via the online sportsbook, app, or in-person at select casinos in states where DK operates.
Compared to the competition, the number of deposit methods at DK sportsbook is pretty much on par. There are plenty of familiar options to choose from:
Credit Cards: DraftKings accepts Visa, Discover, American Express, and Mastercard.
Debit Cards: You can also use a debit card affiliated with Visa, Mastercard, AMEX, or Discover.
Online Banking (ACH): ACH e-Checks allow you to quickly transfer funds directly from your checking account.
Wire Transfer: Traditional wire transfer/money orders are also accepted at DraftKings.
PayPal: Bettors can use a pre-funded PayPal account to deposit at DraftKings. As the world’s most popular eWallet, PayPal at DraftKings provides bettors a quick and secure payment method that does not require them to reveal credit card or personal banking info.
Venmo: You can link your Venmo account to your DraftKings account. Note, however, that Venmo is not available in all jurisdictions.
Gift Cards: You can use regular electronic gift cards backed by card issuers like Visa, Mastercard, American Express, or Discover. You can also use exclusive DraftKings gift cards.
Cash: Cash deposits are accepted in-person at DraftKings casino partners.
DraftKings Minimum Deposit
The minimum deposit at DraftKings is $5, regardless of payment method. New DraftKings account holders generally start with a maximum deposit of $2,000—this can be increased down the road by contacting customer service.
|Deposit Method||Processing Time||Minimum Deposit|
|Online Banking (ACH)||Instant||$5|
|Wire Transfer||1–5 business days||$5|
|Electronic Gift Gard||Instant||$5|
|DraftKings Gift Card||Instant||$5|
As you can see, there are a number of different deposit methods available with DraftKings Sportsbook. Credit card and debit card options are fast and efficient ways to fill up your DraftKings account. PayPal is another great option as you can bypass any bank account hassle by preloading your PayPal account with real money and using it top up your DraftKings account.
The deposit process is also quite similar whether you’re using their sportsbook or playing online casino games through the app. That means the same money you use to make prop bets on the Super Bowl can be used on a live dealer blackjack game, for example.
DraftKings Withdrawal Methods
Withdrawal options at DraftKings, like many other legal sports betting apps and sites such as BetMGM or FanDuel, are limited. Regulations have a lot to do with this. Many of the withdrawal methods available in other markets are not allowed in the regulated US market.
Processing times are also on the longer end, with no DraftKings instant withdrawal options available right now.
|Withdrawal Method||Processing Time||Minimum Withdrawal|
|Online Banking (ACH)||Up to 5 business days||$1|
|PayPal||Up to 2 business days||$1|
|Cash at Cage||1 hour||None|
|Debit Card||1 business day||$1|
|VIP Preferred (e-check)||Up to 3 business days||$1|
|Venmo||Up to 2 business days||$1|
|Play+ Prepaid Card||Up to 4 business days||None|
|Check (Under $100)||Up to 7 business days||$15|
|Check (Between $100.1 & $1,999)||Up to 5 business days||$15|
|Check (Over $2,000)||Up to 5 business days||$15|
|Bank Wire||Up to 2 business days||$20,000|
Compared to a lot of other legal sportsbooks on the US market, DraftKings offers a strong amount different withdrawal options. While most options do take a little time to process a withdrawal, you can choose from many common methods such as debit card, online banking, and PayPal.
If you want to speed up the processing time, getting cash at the cage of a DraftKings licensed retail location is only about an hour. That said, this is only really a good option if you have a DraftKings retail location near where you live.
Regardless of speed, you can rest assured knowing that DraftKings payment methods are verified, safe, and secure. You won’t have to worry about any legal gray areas and DraftKings also has great customer support to help with any issues you may encounter.
DraftKings has created an extremely helpful and extensive set of resources to address any confusion you might have.
Click “Help” to browse support articles covering everything from betting and sports terminology to result settlement and sport specific betting limits. The FAQ section covers key topics like banking and geolocation software.
If you’d like to speak with DraftKings directly, they have staffed customer support available 24/7. Live chat is the fastest way to get in touch, but you can also submit a web form for less timely issues.