DraftKings Online Sportsbook App Review and Bonus

You may know them as the largest daily fantasy sports site but now the DraftKings online sportsbook is making a mark on sports betting. Yes, the DraftKings Sportsbook is officially live in Indiana, Iowa, West Virginia and Pennsylvania. With a huge budget behind them, the DraftKings online sportsbook is shaping up to be one of the most innovative online sportsbooks in the world.

New players: Claim up to a $1000 Sign Up Bonus at DraftKings Sportsbook

To offer sports betting in West Virginia, the DK Sportsbook partnered with Hollywood Casino at Charles Town races, an existing West Virginia casino. In Pennsylvania, DraftKings is in the state through a licensing partnership with The Meadows, also owned by Penn National. In Iowa, DraftKings collaborates with Wild Rose locations while in Indiana, DraftKings’ partner is the Ameristar Casino in East Chicago.

Any sports bettors who are located in the state and are at least 21 years of age or older are eligible.

In launching a sportsbook, Draftkings is making a strong push to appeal to a wide group of sports fans, so whether you are a new or seasoned bettor, there is something here for you. The online sportsbook is putting a major focus on making sports betting fun by creating a cutting-edge proprietary platform that it’s easy to use while enhancing your experience as you watch your favorite teams and sports.

DraftKings Sportsbook FAQ
DraftKings Sportsbook Bonus$500 risk-free bet + 20% Match Bonus Up to $500
DraftKings Sportsbook Bonus/Promo CodeNone Required
AvailabilityIN, IA, PA, WV
DraftKings Sportsbook AppiOS, Android
DepositsCredit cards, Paypal
WithdrawalsPaypal, check

Right off the bat, DraftKings is offering a sportsbook with a large selection of sports as well as many available bet types, including In-Play live betting. Perhaps most notably, each bet on the DraftKings Sportsbook allows bettors to cash out early on current odds, effectively making every wager on DraftKings a live bet.

New players can even receive a 20% matching bonus up to $500 (so depositing $2500 receives a maximum bonus) and a free DraftKings Sportsbook risk-free bet for up to $500. That’s right – the sportsbook will match a user’s first bet up to $500 in the form of a free instant bet after the wager has been placed, on top of a $500 matching bonus. That’s up to $1,000 in total bonuses for new players.

Hit And Run: West Virginia Adds DraftKings Online Sportsbook; Nick Marchington Given Favorable Ruling In WSOP Backer Case https://t.co/erfr0riMA9

— PartTimePoker (@parttimepoker) September 3, 2019

When is the DraftKings Sportsbook coming to my state??

The DraftKings sportsbook is currently only available to bettors in just a few states, but make no mistake — DraftKings is going to be very aggressive in offering sportsbetting in other states sooner rather than later. The company has already secured a partnership with retail casinos when markets open up. There are also many other states that are working on authorize legal sportsbetting, and DraftKings appears to be positioning themselves well to be available in other states over the coming months and years, when as many as a couple dozen states could allow sportsbetting.

For sportsbetting legalization status in your state, check the ESPN sportsbetting bill tracker. It may happen sooner than you think!

Joining the DraftKings Sportsbook

DraftKings Sportsbook users will be able to place their wagers from the DraftKings Sportsbook website along with the DraftKings Sportsbook App, available on both iOS and Android.

To make bets on DraftKings online sportsbook, you must be located within a regulated staate and be at least 21 years or older. The DraftKings Sportsbook has implemented geo-location and age-verification software that ensures that users are who they say they are AND located in a legal state.

If you meet this criteria, following these simple steps to get started:

Why bet on the DraftKings Sportsbook

DraftKings Sportsbook App

The DraftKings Sportsbook App is where the DK Sportsbook really shines. It has been receiving rave reviews since going live for its user sleep interface but also its simplicity. DraftKings users are even able to switch easily between DraftKings online sportsbook and DraftKings DFS.

The platform is already at least on par with the online sportsbooks located in Europe, which tends to offer a ton of betting options, large availability of sports but not always the best user interface. The DraftKings Sportsbook App may be changing that in a big way.

DraftKings Sportsbook App Getting Rave Reviews

Betting Options

DraftKings Sportsbook Bet Types and Sports

You may expect that a new proprietary sportsbook may introduce more of a bare-bones platform upon launch. Not at DraftKings. Instead, you’ll find as much — if not more — betting choices as you would on some of the largest online sportsbooks in the world. With bet minimums starting at $1 and personalized feature betting opportunities, it looks as though DraftKings is making a serious effort to appeal to the newer sports bettor while leaving plenty of choices for more seasoned bettors as well.

Let’s take a look at some specifics…

Bet Types

The DraftKings Online Sportsbook offers bettors an impressive selection of bet types, especially for a new sportsbook. Bettors will get all the major bet types as well as some less obvious ones. At the very least, rest assured you will be able to find betting lines for point spreads, over-unders, moneylines and futures.

Users can also make bets through the DraftKings Sportsbook Live Betting interface, which allows a user to place bets continuously throughout the course of the game.

Early Cashout

Perhaps most intriguing about the DK Sportsbook, is the Early Cash-out option. Essentially, the feature allows users to cash-in their bet before the game is over. You wont get your full payout — it will be based on odds that DraftKings has set — so it won’t always make sense to use Early Cashouts. But if you want a sure thing or want to cut your losses, it’s definitely worth a look.

Available Sports

Both U.S. sports and international sports are represented in the sportsbook. As you would expect, as an American you can bet on the major sports (NFL, NBA, MLB or NHL) but also some less popular sports across the globe (MMA and cricket, for example). Within each sport, DraftKings offers betting lines for not just the top leagues, but also the lower tier leagues, at least for certain sports. Basically, assume it will be offered until you find out otherwise.

One of the biggest complaints of the new DraftKings sportsbook seems to be higher vig on certain betting lines compared to other sportsbooks. DraftKings has publicly addressed their concerns has indicated that vig will be lowered. Hopefully, DraftKings stays true to their word that the vig will come down, as that could turn an excellent sportsbook into just a good one.

DraftKings Sportsbook Live Betting

Offering Live Betting is mandatory these days and DraftKings delivers with a large number of wagers and props that are are available while the game, allowing you to bet in real-time while you watch the game. This option opens up nearly endless betting opportunities and offers an experience while watching your favorite teams that is tough to beat.

DraftKings Sportsbook Bonus

New DraftKings Sportsbook users can take advantage of a DraftKings Sportsbook bonus where DraftKings will match your first bet up to $500. Best of all, DraftKings users to take advantage of this bonus and DraftKings DFS bonus. To qualify for the offer, simply make a first deposit of $5 or more to be eligible to receive the bonus. You will then need to place a bet on the DraftKings Sportsbook, which will be matched up to $500 based on your first bet. The bonus will be awarded instantly and will require a play-through to be withdrawn. 

On top of that, you’ll receive a 20% matching bonus, also up to $500. To collect the maximum for that portion of the offer, you’ll need to deposit $2500 (so 20% of it is the $500 maximum matching bonus). Terms and conditions apply.

Depositing and withdrawing

Like they have with their daily fantasy sports site, the DraftKings Sportsbook puts a priority in making sure with deposit and withdrawal process is quick and easy. The DK Sportsbook uses the same cashier as the DFS site, making it easy to place sports bets and enter contests with the same account balance. Players will need to authorize the balance to be used on both products.

Deposits can be made through two primary methods — credit cards and Paypal. If you have a Paypal account, users are opened up to additional deposit options including transferring through your bank account. Deposits are typically credited to your account immediately after making the deposit. By default, minimum deposits start at $1 and increase to $2,000. If you would like your limits increased, you can contact DraftKings Sportsbook customer support.

When making a withdrawal, the amount up the original deposit will be applied back to your original deposit method — if made within a certain period of time from the deposit. Any additional balance will be paid through Paypal or check. Fortunately for bettors, there are no fees associated with withdrawals and given that the DraftKings Sportsbook is regulated, rest easy that you will be paid in a timely manner.

If you have a problem gambling, DraftKings has set player exclusion limits, which allow you to input a self-imposed maximum deposit amount and self-exclusion. Hopefully, you wont need to use it, but it’s there if you do.

Have a question?

DraftKings Sportsbook users that have a question about payment processing or any other issues can reach DraftKings in a variety of ways. If you are looking for a quick answer to your question, first check the Help section at the sportsbook or reach out to live chat.

In addition, you can contact DraftKings support via email through a contact form of the DraftKings Sportsbook website. DraftKings customer service is available from 6 AM to midnight ET Monday through Sunday. Given that the sportsbook has just launched, they are likely to experience a higher volume of inquiries than normal, so some patience may be required.

DraftKings Sportsbook FAQ

With the DraftKings Sportsbook so new to many users, you may have questions about the DK Sportsbook and how it works. Below is a list of some of the more common questions asked by players.

How does the DraftKings Sportsbook display odds?

Sportsbettors can display betting lines in the American or Decimal format.

Which sports are offered by DraftKings?

DraftKings offers markets on a wide variety of sports. Football, basketball, baseball, hockey, soccer, boxing, tennis, golf, MMA, motorsports, cricket, darts and rugby are the primarily markets available.

How long do DraftKings Sportsbook cashouts take?

Because the DraftKings sportsbook and DraftKings DFS utilizes the same cashier, cashouts should be comparable. Expect withdrawals to be received no later than 3-5 days and shorter in many cases. Checks, of course, take longer due to transit times.

How do I receive the DraftKings Sportsbook Risk-Free bet?

Your first step is to sign-up for an account, then make a deposit of at least $5. To receive the risk-free bet, you must then make a first bet from the amount you deposited up to $500. DraftKings will then match that bet amount to give you the risk-free bet that you can use to make your wager.

Start betting on the DraftKings Sportsbook by creating a new account here