Transfer From Draftkings To Draftkings Sportsbook
DraftKings Sportsbook became a pioneer in the online sports betting industry in 2018 when it became the first online book to operate outside of Nevada.
Since then DraftKings has introduced its online betting platform in multiple states and has gone through multiple updates in order to stay ahead of its competitors.
About DraftKings Sportsbook. DraftKings (NYSE: DKNG) has been around as a Daily Fantasy Sports company since 2012, adding sports betting to its repertoire in 2018 when the Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PAPSA). DraftKings has a market capitalization of over $18.81 billion as of November 2020. DraftKings Sportsbook users can wager on the vast majority of teams, sports and events. However, some state betting regulations prohibit wagering on certain sports or athletic events. New Jersey and New Hampshire, for example, do not allow betting on collegiate sports teams from within their jurisdictions. These prohibited bets will not be shown.
Certain additions such as seasonal bonuses, odds boosts, and improved mobile functionality have all helped to attract new bettors. However, some of their core features such as superior banking options, reliability, and excellent customer service have kept them on top.
Throughout our review of DraftKings Sportsbook, we’ll highlight every aspect of this sports betting provider. We will even cover some state-specific restrictions so that you have the full picture of what DraftKings can offer in your area. Btw, DraftKings isn’t the only site that also offers daily fantasy sports, we also partner with Monkey Knife Fight and you can check out their online review.
Sign Up Process for DraftKings Sportsbook
The sign-up process for DraftKings Sportsbook is about the same in every state it operates in. Remote registration is allowed so as long as you are within state lines you can sign up to use DraftKings Sportsbook.
You will have to enter some basic personal information such as name, date of birth, address, phone number, and email. You will also have to enter your social security number.
While bettors may be wary of giving their social security numbers over the web, DraftKings does so in order to verify its users. This allows the sportsbook to ensure that the right people receive their winnings and that people are above the legal age to bet.
The final steps will require creating a user name and password, confirm that you’re 21 years old or older, and then agree to the terms and conditions.
Best Bonuses for DraftKings Sportsbook
The best DraftKings Sportsbook bonus you can receive is their Welcome Bonus. Upon signing up, DraftKings will match your first bet up to $500. This is why DraftKings advertises their bonus as a risk-free.
Draftkings Sportsbook Log In
For those looking to claim their bonus and cash out immediately, you can’t. The bonus can not be redeemed for cash or transferred. Instead, you’ll have to use the amount you receive to bet again.
DraftKings Sportsbook App
The Draftkings Sportsbook app is a convenient tool for betting on your sport of choice no matter where you are in your state. However, the user interface (UI) or layout of the mobile sportsbook, can be a bit clunky at times.
DraftKings Sportsbook offers so many betting options, contests, and even it’s own casino. Fitting all of these gambling opportunities into an app while keeping the layout as simple as possible is quite a difficult task.
The app is still quick and responsive and easy to understand since DraftKings has simplified it’s language so that those new to sports betting don’t have to learn new words.
DraftKings Sportsbook Site
As far as the app’s reliability goes, it hardly ever crashes and DraftKings constantly comes out with updates to limit that from happening.
The DraftKings Sportsbook site makes it much easier to navigate through all your betting options.
The site also makes it a bit easier to view the Bet Slip calculator. This shows you how much you stand to win based on which odds you choose to put money on and based on how much you wish to bet.
For either platform you choose to use, you can link your daily fantasy sports account to your sportsbook account. Both services can be found right on the DraftKings site.
How to Make Deposits Into DraftKings Sportsbook
Banking options are where DraftKings excel’s amongst its competition. The current forms you can make a deposit are as follows:
- Bank Transfer (Similar to ACH or eCheck
- Credit/Debit Cards (This includes Visa/Mastercard)
- Play Prepaid Cards
- PayPal
- Skrill
You may run into issues using a credit/debit card to fund your account depending on your bank. The easiest and most efficient ways to deposit would be through ACH or Paypal.
How to Recieve Winnings From DraftKings Sportsbook
After you start winning a few bets you will surely want to cash out and receive your money. DraftKings makes this process just as easy as depositing by providing these methods:
- Bank Transfer
- Check
- PayPal
- In-person at a DraftKings partnered casino.
Withdrawal times may vary depending on how much you’re trying to take out of your account and which method you choose. However, you should be able to receive your winnings within just a few days.
Sports Offered Through DraftKings
You can practically bet on any sport with DarftKings Sportsbook. Events happing in the major American sports market, as well as certain international events, are posted daily. The full list is as follows:
- Football
- Basketball
- Baseball
- Soccer
- Hockey
- Boxing
- MMA
- Golf
- Tennis
- Motor Sports
- Cycling
- Darts
- Rugby League
- Rugby Union
- Cricket
- Australian Rules
Some sports such as football and basketball are offered on the collegiate level as well. Major sporting events such as the FIFA World Cup and Olympics are also included when they are in season.
New Jersey has even allowed DraftKings to go as far as to accept wagers on the 2019 Oscars. It was admittedly a trial run by the New Jersey Gaming Commission so weather or not DraftKings will be able to accept entertainment odds is still up in the air.
Standard and Exclusive Bet Types to DraftKings
Bet Types offered by DraftKings sportsbook include both the traditional Vegas-style odds as well as some exclusive wagering opportunities.
The verbiage of some of the odds have been changed so that those new to sports betting can understand. For example, rather than betting on the ‘moneyline’ or betting ‘straight-up’, DraftKings Sportsbook simply asks “who will win?”
Betting on the spread and betting the over/under are, of course, offered. You will also be able to bet on future odds, team props, player props, and parlay your bets if you’re feeling confident.
One of the ways where DraftKings differs from the competition is its daily odds boost.
These are odds that have b en lengthened in a bettor’s favor. Instead of a prop bet having +200 betting odds, it will be boosted to +275 just for that day.
DraftKings Teaser+ is similar to that of odds boost in that your teasers at can have a bigger payout than normal. The crux of this is that teasers are naturally harder to win, so you will have to be strategic with your picks.
Live Betting
Live betting is something that almost every major sportsbook brand offers. It allows bettors to place wagers on events that are happening within a game in real-time.
The odds for these betting lines can change depending on how the game is playing out so it’s important that your sports betting platform is responsive. DraftKings Sportsbook excels in this area.
However, it’s important to remember that live betting isn’t available for every single event that DraftKings offers.
In-game wagering is usually reserved for highly televised events or matches with the greatest amount of public intrigue.
Playoff games, championship games, and even regular season headliners are usually showcased with shifting odds right when you log on.
Draftkings Sportsbook Download
DraftKings Sportsbook Pools
For those who would rather bet among friends rather than bet against the house, DraftKings Sportsbook Pools are the perfect way to do that. You can create private pools where you can set a minimum buy-in and invite friends to participate.
A popular example for one of these contests includes picking all the teams you think will win straight up on an NFL weekend. Those with the most correct picks on their card win.
You can also join pools for contests that DraftKings is hosting so you don’t have to rely on your friends or co-workers to join.
DraftKings will set the buy-in amount and then split the winnings into a number of different categories. It’s a fun and simple way to spice up the games you’re watching.
DraftKings Sportsbook Customer Service Options
Customer service is crucial for those new to sports betting and DraftKings Sportsbook customer service is always there to help.
Customer support is available 24 hours a day 7 days a week. You can send them a question directly from their site or you can email them directly at [email protected].
DraftKings is usually quick to respond no matter if you’re having trouble with deposits, withdrawals, or simply managing your account.
U.S. States With DraftKings Online Sportsbook
While there are states with Draftkings online sportsbook, there are some that only have DraftKings in casino sportsbooks.
DraftKings is based in Boston, Massachusetts and originated as one of the biggest daily fantasy sports companies in the country. However when they got a chance to enter the sports betting industry they did and they’ve become one of the most profitable online sportsbooks in the U.S.
The states that currently have DraftKings Online Sportsbook are:
- New Jersey
- Pennsylvania
- West Virginia
- Indiana
- New Hampshire
In each of those states, in-person registration is not required so as long as you are within state lines you can bet on sports with DraftKings.
The states that DraftKings has secured a deal with and will eventually launch an online platform are as follows:
- Colorado
- Iowa
States that have legalized online betting that could eventually welcome DraftKings are:
- Illinois
- Tennessee
- Michigan
States that have a retail Draftkings sportsbook that may launch an online platform if legislation in the state approves:
- New York
- Mississippi
Other states are considering an open online market for legal sports betting and DraftKings will most likely pursue a presence there as well.
State-Specific Rules When Using DraftKings
DraftKings Sportsbook currently operates online in New Jersey, Pennsylvania, West Virginia, Indiana, and New Hampshire. Each state has certain restrictions regarding sports betting in general which DraftKings must abide by. Those rules are as follows:
New Jersey: High school and/or amateur sports betting is not permitted. Wagers can not be placed on collegiate programs that reside in the state. You are also not able to bet on collegiate sporting events that happen in the state. You must be 21 years old or older to bet on sports.
Pennsylvania: All sports bettors must be 21 years old or older. Betting on high school and/or amateur sports is not allowed.
Indiana: Providing odds for high school/amateur sports and eSports is not allowed in the state. Bettors must be 21 years old or older.
West Virginia: All sports bettors must 21 years old or older. Amateur sports and high school sports can not have betting odds.
New Hampshire: Betting on collegiate sports teams that are based in New Hampshire is not permitted. Betting on athletic events that happen in the state is also not allowed. Betting on amateur sports is again, not allowed either. However, unlike most states, the legal age to bet with DraftKings sportsbook is only 18+.
According to Federal laws in the U.S., you must be physically located within the borders of the state that you plan on using an online sports betting app in order to place real-money wagers.
You can view DraftKings odds no matter where you live, but you have to have an account and be physically present in one of these states in order for you to put action on an event.
Summary
Upon our review of DraftKings Sportsbook, we can say that this sports betting provider is without a doubt one of the best in the business.
The welcome bonus is large enough for any sports bettor that’s willing to give them a shot. The other promotions that they cycle throughout the sports calendar is also a huge reason to keep using the app or site.
DraftKings Sportsbook also offers some of the most betting odds of any sports betting brand and some of the most banking options as well.
Their customer service options are also top-notch which is key for new bettors.
The only drawback to using DraftKings Sportsbook may be that certain matches will have odds with a higher vig than normal. But, that doesn’t happen often and with DraftKings odds boost and Teaser+ there are more ways to win big.
Overall we give DraftKings Sportsbook an A-.
It’s one of the best sports betting platforms on the market and which is why it holds some of the greatest market shares in each state that it operates in.