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- Is Draftkings Legit
- Draft Kings Casino Scam
- Is Draftkings Legal In Washington State
- Is Draftkings Legitimate
- Is Draft Kings Safe
DraftKings chief executive Jason Robins says the sharks-and-minnows problem is 'a fundamental issue when it comes to long-term enjoyment' of daily fantasy sports, and says the company is pushing. DraftKings is a leading daily fantasy sports and sports betting provider for the most popular sports. Over the past 4 years, DraftKings has driven the massive spike in daily fantasy popularity to become the number one daily fantasy sports provider in the United States. Now, DraftKings has its eyes set on the now legal online sports betting market. DraftKings is a global sports technology and entertainment company whose Daily Fantasy Sports contests are governed by both federal and state law. Federal law specifically exempts fantasy sports contests from the prohibitions of the Unlawful Internet Gambling Enforcement Act, or UIGEA. At the state level, legislation and regulation vary state. DraftKings.com is a daily fantasy sports website, which offers regular fantasy contests in major league sports such as the NBA, NFL, MLB, and CFB, giving people a chance to win cash or prizes daily. Daily fantasy sites are relatively new to the fantasy sports industry, having been established in 2007 and still gaining popularity.
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.
Overall Summary
| Feature | DraftKings Sportsbook |
|---|---|
| Overall | 5 Stars |
| Sports Offered | 4 Stars |
| Bets Offered | 5 Stars |
| Odds | 3.5 Stars |
| Banking Options and Fees | 4.5 Stars |
| Live Betting | 5 Stars |
| Mobile Betting | 4.5 Stars |
| Customer Service | 3.5 Stars |
| Education and Research | 5 Stars |
| Reputation | 4 Stars |
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.
Bets Offered
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. Classic casino games. 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.
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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. High noon casino bonus codes 2016.
| Feature | DraftKings Sportsbook |
|---|---|
| Minimum Deposit | $5 |
| 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.
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| Feature | DraftKings Sportsbook |
|---|---|
| Minimum Withdrawal | $1 - $15 |
| Total Withdrawal Methods | 4 |
| Check Payout Speed is < 10 days | Yes |
| No Withdrawal Fees - Check | Yes |
| Withdrawal Min/Max - Check | $5/Varies |
Sports Offered
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.
| Feature | DraftKings Sportsbook |
|---|---|
| Total Sports Offered | 15 |
| Aussie Rules (AFL) | Yes |
| Baseball (MLB) | Yes |
| Basketball (NBA) | Yes |
| Basketball (NCAA) | Yes |
| Boxing | Yes |
| Cricket | Yes |
| E-Sports | No |
| Football (NFL) | Yes |
| Football (NCAA) | Yes |
| Golf (PGA) | Yes |
| Hockey (NHL) | Yes |
| Horse Racing | No |
| MMA (UFC) | Yes |
| Rugby (League) | No |
| Rugby (Union) | Yes |
| Soccer (EPL) | Yes |
| Soccer (MLS) | Yes |
| Tennis | Yes |
| Sports Offered | 4 Stars |
Odds
Is Draftkings Legit
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.
| Feature | DraftKings Sportsbook |
|---|---|
| NFL Moneyline | 2nd |
| NBA Moneyline | 5th |
| NCAAF Moneyline | 16th |
| Soccer Moneyline | 6th |
| MLB Moneyline | 8th |
| NHL Moneyline | 4th |
| NHL Spread | 15th |
| MLB Spread | 8th |
| 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 |
| Odds | 3.5 Stars |
Live Betting
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.
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Customer Service
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.
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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.
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Reputation
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.
Other Notes
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.
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Final Thoughts
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.
FAQ
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.
Methodology
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.
Draft Kings Casino Scam
Sports betting sites were scored across seven core categories to computer an overall rating: total number of sports and bets offered, odds, live betting features, mobile apps, educational resources, ease of use, and current bonuses.
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.
It's an honest question that a lot of newer players may have –
Is DraftKings legit?
and then it's usually followed closely by some others.
Do they pay you when you win? Do they offer fair games? Are you playing against real players? Do they follow the laws and regulations governing online gambling (avoiding it) while maintaining legal real money fantasy sports leagues?
I will answer these questions below.
DraftKings, Yes, DraftKings Offers Real Money Daily Fantasy Leagues
In terms of size, DraftKings is #2 behind FanDuel. They are the second largest daily style, or in the case of football, one week style fantasy site around. Like their nearest competitor, who is also a legit fantasy sports site, DraftKings offers real money fantasy sports contests that last the course of one day, or the weekend.
Is Draftkings Legal In Washington State
First place is going to walk with 1 Million bucks for an entry fee of $20!
DraftKings Is Legit – I personally, as well as hundreds of thousands of others, have played fantasy contests at DraftKings. I have deposited and cashed out successfully.
Is DraftKings Legal?
Yes, DraftKings is legal!
The reason for this is that fantasy sports are specifically carved out of the UIGEA. This means that unless a state has a specific law against playing real money fantasy football, baseball, or any other sport then it is legal. Today there are a small few states where players are not allowed at DraftKings or FanDuel.
We are not lawyers so this is not legal advice, however for USA based fantasy players you can deposit with PayPal and normal credit cards for simple deposits. To get more into the legality of daily fantasy sports check our our ‘is it legal' page where we link out to guys with more legal expertise.
Is Draft Kings Honest?
Is Draftkings Legitimate
Yes, the team behind DraftKings offers an honest, fair fantasy sports experience. If you win, you win and if you lose, well, you lose. You can lose money playing fantasy sports at DraftKings. It is similar to poker in a way where the unskilled players deposit and deposit and the skilled players make consistent money.
DraftKings does not care who wins the contests directly. They make their money by selling out all of the contests that they list in the lobby. The more players who play, the more rake is paid. Winning or losing does not affect DraftKings bottom line in terms of revenue generated. They don't care, so they have no incentive to rig the games against you.
Winning Money On DraftKings
Can you really win $1,000,000 or $100,000 or $11,350 playing fantasy football on DraftKings? Yes, absolutely. If you can win one of the large GPP (guaranteed prize pool) contests that happen every week then you can absolutely really win some absolute monster sized prizes. And then there are of course, those smaller prizes for the smaller entry contests.
I personally have been in first place in the weekly fantasy golf and had $100k sitting in my ‘currently winning' list. Sadly I didn't finish in that position.
How To Get Started
It is simple to get started.
- Visit DraftKings Here –
- Make an initial deposit – You can deposit as little as $5+
- Find a contest
- Draft your team and enter the contest
- Cheer on your players and watch your results on the leaderboard
- Cash out your winnings when the games are over
Is Draft Kings Safe
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