DraftKings Promo Code
Table of Contents
DraftKings & DraftKings Sportsbook Bonus Offers
Fantasy sports have been around for quite some time, but they really exploded with the advent of the internet. Being able to keep up with all of the games and all of the stats in real-time has made it easier than ever to build a great team and to figure out how they’re doing. It makes sense, then, that many people would also want to use these same tools to make money using those same skills.
DraftKings is probably one of the best-known fantasy sports betting sites on the internet. With a fairly massive media push and plenty of high-profile winners, it’s a site for the dedicated fantasy sports fan. Now combined with DraftKings Sportsbook, it’s also become one of the most popular sports betting sites in the world.
Though there’s definitely more competition out there than when DraftKings first launched, it’s easy to see why the company continues to be one of the most popular places for fantasy sports players to make a little extra money.
New User Welcome Bonus
Like most other online betting sites, DraftKings tries to go out of its way to entice new users to join its site. Unlike many of its competitors, though, it has a legitimate welcome bonus that really can pay off for those players who dedicated to using the site. Before you sign up, though, you need to understand both what you’re going to get from the bonus and what you’ll need to do to ensure that you actually get the bonus.
To get the actual bonus for this site, you’re going to have to deposit money. After you enter the relevant promo code on the site, you’ll be directed to deposit money. The bonus for DraftKings doesn’t come in cash, though – it’s divided into a first bet match of up to $500 and credits of up to $500. Getting the former is straightforward, while the latter takes some work.
Once you make a deposit, you’ll be set for a bonus of about 20% of your deposit amount. To get the full $500, you’ll need to deposit $2500. To get that $500 in free credits, you’ll then receive one dollar of your deposit bonus for every twenty-five dollars that you play.
DraftKings Promotional Offers
Like most online gaming sites, DraftKings tends to do quite a few promotional offers. The main promo as of March 2020 is a free entry in a fantasy sports contest of the user’s choosing after he or she makes his or her first deposit. The other major promo is, of course, the deposit match/free bet combination that is offered under the New Player Bonus banner.
]It should be noted that both the Sportsbook and DraftKings, in general, do tend to have a strong rotation of potential promotions. While the only sportsbook-specific promotion at the moment is the New Player Bonus, it’s very likely that new promos will be issued in the future.
Sign Up Process
Signing up for Draftkings Sportsbook is very easy, especially if you already have a DraftKings account. If you don’t already have one of those accounts, though, the process is still fairly straightforward.
You’ll start by choosing a username and a password. From here you’ll be directed to a page that allows you to fill out your relevant personal information, including your name and your address. You will also need to provide the last four digits of your SSN, and then verify your location. Unlike the DraftKings proper, you’ll also have to verify your location in order to create an account – a legal necessity given that the Sportsbook is only allowed to be used in a handful of states at this point.
DraftKings Sportsbook Review
As of early 2020, you can actually bet on quite a few sports with the sportsbook. The most popular sports are also the biggest sports in the US – MLB baseball, NFL football, NBA basketball, NHL Hockey and MMA fights. You can also place bets on sports like boxing, racing, rugby, golf, and tennis. DraftKings is still in the process of expanding its lineup, so users can expect to see even more sports on the app in the next year or so.
Not only can you bet on the sport of your choice in the manner that most American gamblers are used to, but DraftKings also offers two other interesting types of betting. You can bet on games that are currently in process with in-play betting, allowing you to jump into a game that’s already live and to bet on the outcome. You can also choose to jump into a Flash Bet, which is a kind of short-term bet that lets you jump in and out of the action at ease.
Another great feature that the company uses is the early cashout. This is a great feature for in-play betting, as you can actually cash out your losses while the game is still going so that you don’t end up losing more than you can afford.
Where is It Legal?
The big question about this app is always going to be where it is legal. Fortunately, DraftKings is very up-front about where you can and cannot play its games. You’ll need to be physically located in one of six states to play – New Jersey, Delaware, West Virginia, Indiana, Pennsylvania, and New Hampshire. You can also visit physical DraftKings sportsbooks locations in New Jersey and Mississippi, with more physical and online locations planned for the future.
DraftKings Sportsbook Mobile App
The good news is that the DraftKings Sportsbook app looks and feels an awful lot like the regular DraftKings app. It is an exceptionally straightforward piece of design that’s meant to get you right into the betting, giving you just enough data to be useful but not so much that it’s going to overwhelm your play experience. It’s really one of the better betting apps out there, with absolutely everything that you’d need from the product available at a quick glance.
If you were going to build an app and just look at usability, you’d probably want to copy as many of the features from this app as possible. Though it can feel a little bit overwhelming to a new user at first, the truth is that it shouldn’t take more than a few minutes to get used to the overall design. Once you’re in, doing things like depositing more money or making a bet feel intuitive and easy. There is certainly quite a bit of information on the screen at any given time, but it’s all so easy to get through that you’ll rarely find yourself spending any time searching for the features that you want.
This is an exceptionally functional piece of design from beginning to end. The most annoying bit is probably the location confirmation process, but even that’s in place to serve legal requirements. You are absolutely going to see errors on this app as you would with any other, but they’re infrequent enough to be surprising. You can definitely trust the app to work when you need it the most, which is all you can ask of an app like this. This is absolutely one of the more functional sportsbook apps available today.
Users seem to roundly love the app. The vast majority of reviews are at the five-start level on both ioS and Android, with the few negative reviews seemingly having more to do with the user’s luck betting than the functionality of the app itself.
DraftKings Sports Betting Contest
Billed as the ultimate live sports betting event, the DraftKings Sports Betting Spring Championship is definitely a big-money game with plenty of action. Players must either qualify for the championship or buy into the game for $5,000. Once they are in, they use a $2,000 bankroll and must bet at least $1000 over the course of a series of NBA and NCAA games. Every player who enters gets to take home their remaining bankroll, but the winning player will receive a bonus of $500,00 while every player in the Top 25 will receive a bonus of at least $10,000 depending on where they place in the overall game.
Make a Deposit Process
Making a deposit with DraftKings is actually remarkably easy. You’ll start by going to the site’s Deposit Page, which is easily accessed both on the main site and on the mobile app. From there, you’ll simply select the amount of money that you’d like to deposit either from a list of options or as a custom amount and then enter your payment details – you can choose to use either a credit/debit card or Paypal for the transaction. Once you hit continue, your deposit will hit your account and you should be able to bet normally. There is no delay between depositing your money and seeing it hit your account.
Make a Withdrawal Process
Making a withdrawal from DraftKings is likewise fairly straightforward. Once you are signed into your account, you can go to your account page and select the withdrawal option. From here, you’ll select the amount of money that you would like to withdraw and where you would like it to go. You can send your money either by check, Paypal or by direct deposit. All funds in your account are available to be withdrawn immediately and there is no minimum account balance for making a withdrawal, though it can take a few days for the withdrawn funds to show up in your account depending on the withdrawal method that you have chosen.
DraftKings was founded in Boston in 2012, running out of the home of co-founder Paul Liberman. It started with a fairly simple baseball competition but soon expanded after receiving a fairly sizable capital investment. The company quickly grew to become one of the biggest names in fantasy sports, working as the official fantasy sports provider for leagues like the NHL and NFL while providing fantasy sports contests and providing legal sports gambling services in several states. The company is still growing, with millions of individuals users and it is expected to go public sometime in mid-2020. DraftKings also notably runs a number of physical gambling locations, becoming a major operator in the field of sportsbook betting.
Future of Sports Betting for DraftKings
The future of sports betting for DraftKings is interesting, to say the least. While there has definitely been some pushback in terms of legality in states like New York and Massachusetts, many other states have seen the profitable allure of this type of betting. Though the online sportsbook apparatus is only legal in six states at the moment and two other states have physical locations, there are significant conversations going on across the country about legalizing this type of gaming.
Outside of New York, Nevada, and Massachusetts, the possibility of expansion seems incredibly likely. Those states that have physical locations in place are likely to expand to online gaming, and vice versa. The future, in short, seems bright for DraftKings.
Frequently Asked Questions
Is DraftKings Sportsbook Legal?
Is DraftKings Mobile App Safe?
Will DraftKings Go Public?
When will DraftKings be Legal in California?
When will Draftkings sent a 1099?
Where is DraftKings based?
Can DraftKings Employees Play on DraftKings?
Why do I need to verify my location?
What are Odds Boosts?
DraftKings Sportbook is currently legal in six states – New Jersey, Delaware, West Virginia, Indiana, Pennsylvania, and New Hampshire, with legal betting likely following in several other states in the near future. Users who live in other states cannot place bets, but they can still take a look at the betting lines on the site.
DraftKings has a very secure mobile app. User data is kept confidential through SSL and there have been no serious problems reported with the app. Those users who do fear that their security has been compromised are generally directed to contact customer service directly so that the issue can be taken care of quickly.
DraftKings has filed for a 2020 IPO. It should be noted that DraftKings is going to go through a fairly unique process when going public, as it will be purchased outright by a company that will then change its name to DraftKings. It is expected that the IPO will happen at some point in the first half of 2020.
While gambling is not legal in the state of California, DraftKings falls under the heading of a Daily Fantasy Sports Betting company. As such, it is perfectly legal for California residents to use the site as of 2020. With this said, there are likely bills in the work that will make the site even easier to use in the future.
The good news is that you shouldn’t have to wait to get a 1099 in the mail. If your winnings are over $600, you should be able to find a copy of your 1099-MISC in your account under tax documents.
DraftKings is headquartered in Boston, Massachusetts. It has been there since 2012, though the company does operate online in several states. It is, however, possible that the company’s headquarters will be moved in light of its upcoming merger and IPO.
DraftKings employees and their family members cannot play on DraftKings in most cases. While they are allowed to play in specific private contests, they are not allowed to participate in the bulk of the events listed on the site or those that are run by the company.
DraftKings is incredibly aware of the laws that several states have on the books concerning online daily fantasy sports bettings. As the company strives to operate within the bounds of the laws, it must ensure that those who are using the site are not playing from within locations that prohibit the site or app’s use.
An Odds Boost increases the odds on a given bet. It doesn’t make it more likely that a player will win on the bet – that would be tampering – but rather increases the payout on the bet that was boosted. It is a tool that can be used to greatly increase a player’s potential winnings.
Contacting DraftKings customer support is fairly straightforward. Simply go to the “Contact Us” link on the main page and select your reason for contacting the company. You can also find some great FAQs on that same page, which can resolve many of your issues.
If you find that you have a more specific request, you can directly email the company at email@example.com. There is, however, no phone-based support system for the company so you’ll need to contact them either through their form or through email.