DraftKings Sportsbook Review
After testing over 30 online sportsbooks for our 2020 review, here are our top findings on DraftKings Sportsbook:
- Odds: DraftKings offers average odds on most bets. DraftKings offers great odds on NFL moneyline, NHL moneylines, and NBA moneylines.
- Sportsbook Legality: Legal in the U.S.
- Available Online in the Following States: New Jersey, Pennsylvania, Indiana, and West Virginia. The Daily Fantasy Sports app is available in over 40 states.
- Casino Games: Over 100 slots, roulette, blackjack, and virtual poker games
- Poker: Not available
- Best in Class (Top 5) Finishes: Bets Offered, Live Betting, Mobile Betting, and Education and Statistics.
- Weaknesses: Average odds.
|Banking Options and Fees|
|Education and Research|
Is DraftKings Safe?
DraftKings is considered low-risk, with an overall Trust Score of 98 of 99. Caesars is a legal online sportsbook available to anyone in New Jersey, Pennsylvania, West Virginia, Iowa, and Indiana state lines. Trust Score is determined by a number of factors, such as years in business, legal status, and global footprint, amongst others.
Overview: DraftKings Sportsbook offers over 100 bets on NFL games, and over 50 bets on NBA, NHL and soccer games. Popular bet types include parlays, round robins, spread, moneyline, total, futures, props, and teaser bets. Unique to DraftKings is "pool" bets.
Pools: DraftKings is the only sportsbook to offer "pool" contests. Similar to daily fantasy sports, pools contests charge entry fees and have preset prize pools. Here's an example. Bettors pay an entry fee of $5 and pick the winners of nine NBA games. Winners are picked against the spread. 70% of the prize pool is split between those with the highest number of correct games chosen, and 30% goes to the entrants with the second-highest number of correct games picked.
Props: DraftKings offers a wide variety of team and player props. DraftKings is one of the industry-leaders in this category.
Bet-Back Feature: DraftKing's cash-out feature allows you to close out your active bets before the outcome of each game is decided. Cash-Out enables you to secure part of your winnings or cut your losses as the odds change in or against your favor. Cash Out is available for pre-game, live, future, and parlay bets.
Odds Boosts: DraftKings offers bettors a daily odds boost on a few select bets each day. Odds boosts act like a sale at a retail store, offering more incentive to make each bet. For example, DraftKings might increase the odds of James Harden scoring 42 points in a game from +150 to +210.
Banking Options and Fees
Deposit Methods: Bettors can currently deposit via credit/debit card, PayPal, bank transfer, and play+ prepaid cards. Maximum deposits start at $2,000 and vary by account.
|Total Deposit Methods||4|
|No Debit/Credit Card Deposit Fees||Yes|
|Deposit Min/Max - Debit/Credit Card||$5/$2,000|
Withdrawal Methods: DraftKings currently process withdrawals via check, PayPal, ACH (e-check), and cash at certain casinos.
|Total Withdrawal Methods||4|
|Check Payout Speed is < 10 days||Yes|
|No Withdrawal Fees - Check||Yes|
|Withdrawal Min/Max - Check||$5/Varies|
DraftKings currently offers bettors 15 sports, ranging from football to darts to motorsports. DraftKings offers a variety of international and domestic leagues, especially for soccer.
|Total Sports Offered||15|
|Aussie Rules (AFL)||Yes|
The odds data below was gathered over the course of several months and contained over 10,000 data points. Data from 21 total sportsbooks were collected for NBA, Soccer, and NHL games, 17 for NFL games, 18 for NCAA games, and 16 for MLB games.
|NBA Spread||Average spread odds are worse than -110 per side|
|NCAAF Spread||Average spread odds are worse than -110 per side|
|NFL Spread||Average spread odds are worse than -110 per side|
Live betting at DraftKings has dramatically improved over the last year. Now, DraftKings boasts one of the best live betting menus available.
DraftKings offers a ton of in-play bets and prop bets. An example of a prop bet is How many strikeouts will Justin Verlander throw? DraftKings also gives customers a live match tracker, which displays down, distance, and last play results for NFL games. Select live statistics are also available.
DraftKings offers live chat and email support for general support inquiries. The quality of support is decent and provides quick and knowledgeable responses. DraftKings does not currently have dedicated phone lines for sportsbook phone support. Instead, they have a callback form, where an employee will call you after you fill out some information.
DraftKings Sportsbook App
The DraftKings Sportsbook mobile app is one of the most complete online sports betting apps available. The app has all of the education, statistics, and ease of use that the desktop version of the site has.
The only complaint I have with the app is the navigability to some of the educational pages and offerings, which feel hidden. At times, the app will make the user re-login with their fingerprint or crash if the user is on a page for an extended time.
Education and Statistics
Education: First-time bettors are in luck, DraftKings offers one of the best education sections I've seen. Videos featuring Charles Barkley are available, as well as articles that explain different bet types. DraftKings also offers guides for betting on various sports. These guides describe popular bet types for the sport, as well as common strategies for betting. DraftKings also provides a sports betting glossary, as well as a map of which states have legalized sports.
Statistics: DraftKings offers the best statistics and research of any sportsbook reviewed on this site, and it isn't even close.
The DraftKings Stats Hub provides customers with betting insights, stats, betting trends, and league trends. Among these stats and tools is a betting predictor. The betting predictor tool allows bettors to choose how important game factors such as injuries and head-to-head matchups are to them. Bettors assign each element a numerical value, and the tool shows what bet favors those factors.
If you value betting trends and quirky statistics, look no further than DraftKings. No other sportsbooks come close to offering the same quality or quantity of statistics, which is powered by iSport Genius.
DraftKings has been around as a Daily Fantasy Sports company since 2012, only adding sports betting to its repertoire in 2018. DraftKings has made it clear they will be focused on sports betting for the long-term future of the company. According to Crunchbase, DraftKings has received $644.8 million in funding to date, meaning they plan on being in the sports betting industry for the long haul. DraftKings is a legal, U.S. regulated sportsbook and can be trusted.
DraftKings offers a ton of ongoing promotions, some of which are pictured below. It is essential to read the terms and conditions of a bonus before accepting it. Understanding rollover requirements will help you know what you need to wager to receive your full bonus.
Welcome Promotion: $500 Risk-Free Bet - New Customers Only. Get your first bet matched instantly up to $500. Terms and conditions apply.
Sports Betting National Championship During January 11-13th of 2019, DraftKings hosted their first sports betting national championship, with over $2.5M in guaranteed prizes, and over $1M to the winner. Entries into the contest cost $10,000 or winning a daily fantasy sports qualifier. Bettors received a $5,000 bankroll for the weekend, intending to have the biggest bankroll at the end of the weekend. The 25 bettors with the highest bankrolls at the end of the weekend took home prizes ranging from $15,000 to $1,000,000.
This type of contest is unique to DraftKings and is the first of its kind. Professional gamblers will enjoy betting at DraftKings for contests like this.
DraftKings is the complete package for both new and experienced sports bettors. The variety of sports and bets offered, the outstanding education and statistics, and the unique live betting experience combines to make one heck of a sportsbook.
About DraftKings Sportsbook
DraftKings was founded as a Daily Fantasy Sports company in 2012. Then, in May 2018, when the Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PAPSA), DraftKings was one of the first companies to make headlines. DraftKings has since been positioning itself as one of the most well-known sportsbooks in the United States.
What states is DraftKings sportsbook legal in?
DraftKings Sportsbook App is legal in New Jersey, Iowa, Indiana, West Virginia, and Pennsylvania. DraftKings Daily Fantasy Sports is available in over 40 states.
Can you transfer money from DraftKings to DraftKings Sportsbook?
Yes, you can transfer money from DraftKings to DraftKings Sportsbook if you live in a state that has legal sports betting, and DraftKings operates in it.
For the BettingBuck.com annual best online sportsbooks review published in 2020, a total of 2,300 data points were collected over six months and used to score sportsbooks. Additionally, odds data was collected for each sportsbook on over 1,400 bets to give each sportsbook a comparative odds ranking.
Learn more about how we test.
About the author: Joey Shadeck Joey Shadeck is the lead writer for BettingBuck.com and content strategist for Michigan-based Reink Media Group. He has closely tracked sports betting in the United States for the last two years, compiling hundreds of data points across dozens of sportsbooks. He has 5 years of online betting experience with hundreds of bets placed during that time.