DraftKings Sportsbook Promo Code for July Oustanding $1,200 Sign-Up Offer

Three-Part Welcome Bonus
Download Ease
Outstanding Bonus
Banking Options
Strong App

Sign up with DraftKings Sportsbook in Washington DC now! Open an account with DraftKings DC before Launch Day to get $200 in bonus bets. No DraftKings DC promo code is required. See the DraftKings DC welcome bonus section below for more details.

Sign up with DraftKings Sportsbook and claim a three-part $1,200 welcome bonus. A DraftKings promo code is not needed to claim this outstanding offer.

The DraftKings promo code sign-up offer comes in three parts.

  • First, you get a $50 bonus bet when you make your first deposit.
  • Second, DraftKings matches that initial deposit 20% for up to $1,000.
  • Third, make your first cash bet for $5+ and you’ll get $150 in bonus bets.

Keep reading to learn more about the DraftKings promo code and how DraftKings Sportsbook works overall.

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DraftKings DC Promo Code – $200 pre-launch special

Sign up with DraftKings Sportsbook Washington DC before it launches and you’ll get $200 in bonus bets when it does go live in The District. Those $200 in bonus bets will be delivered as eight $25 bonus bets.

DraftKings DC Promo CodeClick to claim $200 promo, no code is required
Welcome Offer$200 in bonus bets
Terms & Conditions• Must open a new account before Launch Day in DC
• $200 in bonus bets comes as eight $25 bonus bets
• Bonus bets expire seven days after being issued
DC Launch Date?Still to be determined
Offer ExpiresOn Launch Day
DraftKings Promo Code Valid As OfJuly 21, 2024

Terms and conditions apply to all offers. Please see DraftKings DC for details. 21+ Gambling Problem? Call 1-800-GAMBLER

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DraftKings Sportsbook Promo Code

You do not need a DraftKings promo code to claim all three of the welcome bonuses going on this month. Sign up with DraftKings, and get:

  • Your first deposit matched 20% for up to $1,000. This part of the bonus comes with a 25x playthrough requirement which you have 90 days to fulfill.
  • Just for making a deposit you get a $50 bonus bet.
  • The last part of the bonus offer allows you to get a bonus bet refund up to $150 if your first cash bet loses.
DraftKings Promo CodeNo code needed, click to claim $1,200 promo
Maximum Welcome Bonus$1,200
Welcome Bonus Breakdown• 20% deposit match up to $1,000
• $50 bonus bet with first deposit
• Bet $5, Get $150 in bonus bets
Promotions?• Daily offers (odds boosts, profit boosts, insurance offers, and more)
• Daily MLB early-win promo
Legal StatesAZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, PA, TN, VT, VA, WV & WY
DraftKings Promo Code Valid As OfJuly 2024

Terms and conditions apply to all offers. Please see DraftKings Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER+

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$1,350 bonus in IA, IL, LA, MI, NC, NJ, OH, PA, VT, WY

If you’re located in Illinois, Iowa, Louisiana, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Vermont or Wyoming, you’re eligible for a special welcome bonus worth up to $1,350. Here’s how this offer works:

  • Initial deposit matched 20%, maxing out at $1,000.
  • $50 bonus bet when you make a deposit of at least $5.
  • Lastly, you get a bet and get bonus, the size of which is dictated based on your opening cash bet.
    • Bet $5, Get $150 in bonus bets.
    • Bet $10, Get $200 in bonus bets.
    • Bet $50+, Get $300 in bonus bets.
DraftKings Promo CodeClick to claim $1,350 promo
Maximum Welcome BonusUp to $1,350
Deposit Match20% up to $1,000 (25x playthrough)
Deposit & Get$50 bonus bet with first deposit
Bet & Get• Bet $5, Get $150 in bonus bets, or
• Bet $10, Get $200 in bonus bets, or
• Bet $50, Get $300 in bonus bets
Offer Available InIA, IL, LA, MI, NC, NJ, OH, PA, VT, WY
Offer Valid InJuly 2024

Terms and conditions apply to all offers. Please see DraftKings Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER+


DraftKings promo code terms and conditions

While you do not need a DraftKings promo code to claim the $1,200 welcome bonus, there are some terms and conditions you need to understand. Here’s what to know about all three offers.

  • $1,000 Deposit Match| The first thing to understand with this offer is that only your first deposit is matched. Second, it’s matched at a rate of 20%. So, to get the full $1,000 bonus, you must deposit at least $5,000. Lastly, the bonus funds are not released immediately. Instead, for every $25 in qualifying wagers, $1 in bonus funds is released. For a wager to count towards the playthrough requirement, it must have odds of -300 or longer. You have 90 days to clear this requirement.
  • $50 Bonus Bet on Deposit | When you make your first deposit, no matter the size ($5 is the minimum), DraftKings rewards you with a $50 bonus bet. This bet can be used on any wager of your choosing. You do not get the value of the bonus bet back if your bet with it wins. So, if you placed it on a bet with +100 odds and won, you’d get $50 in withdrawable cash in your account.
  • $150 with $5 bet | For this part of the DraftKings Sportsbook, you simply need to place your first cash bet for $5 or more. Win or lose you’ll get six $25 bonus bets in return.

Current DraftKings Sportsbook promos

DraftKings sports betting offers several more perks once the sign-up offer is done. Here’s a look at some of the offers you’ll find, and just like before, you do not need any DraftKings Sportsbook promo code to claim these bonuses.

  • DraftKings Profit Boosts: Everyday DraftKings offers some type of profit boost, usually multiple ones, in fact. For the Thursday Night NFL game, you can claim a 50% profit boost for any bet. There’s also a 50% NFL Sunday parlay profit boost token available. And you can get a 50% profit boost for the college football game of the week, which is the Michigan-Penn State game this week.
  • NHL GIFTs: DraftKings typically boosts at least one NHL goal in the first ten minutes (GIFT) wager each week.
  • NBA Boosts: Along with NBA profit boosts, DraftKings also offers super-boosts for specific bets a few times a week. Be sure to check the DraftKings promos page daily for all the available promotions.
  • Premier Events: Finally, DraftKings always runs several specials around events like the Super Bowl, even offering a Super Bowl Squares tournaments. You’ll also find specials around March Madness, the NBA Finals, Stanley Cup Finals, MLB World Series, and more. 

DraftKings Sportsbook betting markets are competitive from top to bottom. This includes the number of sports offered and the betting options, both surrounding and within those games. Among the options, you’ll also find some of the best odds in online sports betting.

Most people will find more than enough options in the DraftKings Sportsbook betting markets, which include major leagues, college football and basketball, combat sports, tennis and golf, international events like the World Cup, and international leagues like English soccer and European rugby.

Best In-Game Betting Platform

Quickly find live betting events going on in any given moment in the “In-Game” section of the app. This gives you a full rundown of the DraftKings Sportsbook betting markets taking live bets, which is also organized by games and types of bets. In-game betting and mobile sportsbooks go hand-in-hand, and DraftKings has the best setup in this category.

Robust “My Bets” Section

Click on “My Bets” to see your betting history. This includes open bets, settled bets, won bets, and lost bets all getting their own section for easy reviewing. You don’t have to click through endlessly to find your bets like with other apps. This is especially useful when you’re juggling multiple bets at once.

Easy Rewards Tracker

Click on the “Promos” section and select “Missions” to see your rewards progress. The more you bet across the DraftKings Sportsbook betting markets, the more bonus credits you’ll earn. These credits can be used to bet.

Dynasty Rewards Program

Everyone who signs up with DraftKings Sportsbook and all other states where DraftKings is available will also become a member of the DraftKings Dynasty Rewards Loyalty Club. With Dynasty Rewards you earn DK Crowns and DraftKings Tier Credits for every bet you place. Crowns can be redeemed for DraftKings bonus money or for gifts at the DraftKings Store. DraftKings Tier Credits on the other hand, are used to determine your tier ranking. The more credits you earn, the higher your tier, and the higher your tier, the more benefits you’ll get. In our opinion, the DraftKings Dynasty Rewards Club is the best in the business.

If you play DraftKings DFS or gamble at DraftKings online casino, you’ll earn DK Crowns and Tier Credits for every dollar you risk at both sites too.

Rated 4.8 Out Of 5 Stars From 315K+ Ratings

Betting apps are subject to particularly harsh scrutiny because people lose money. When you’ve lost money, it’s tempting to lash out by leaving an unfair review. Many sportsbook and casino apps suffer from this reality. But the DraftKings app inspires a near-perfect score in the App Store, a feat only a select few of its competitors can compete with.


DraftKings iOS App

DraftKings mobile betting is one of the top-rated platforms in the App Store, with a near-perfect score averaged from more than 150k ratings. All states can use the same DraftKings mobile betting app. Simply search “DraftKings Sportsbook” in the App Store to download.

DraftKings Android App

Stable and reliable like the iOS version, DraftKings mobile betting on Android is second to none. Until recently, bettors needed to visit a sportsbook’s website and download the Android app from the website. The Google Play Store didn’t allow any gambling apps on the store in the past. This changed in early 2021, however, and now sportsbook apps are starting to launch within the Google Play Store. The DraftKings Android App is now available for download from the Google Play Store. 

DraftKings Sportsbook Site

DraftKings’ mobile betting is also clean and intuitive via the web browser. If you don’t want to wager via the app, you can simply visit the DraftKings Sportsbook site, log in, and place bets from there. You can do this via mobile device, tablet, or computer. You also have the option of placing some bets on the app and some on the site.


You can find the DraftKings Sportsbook app, download it, create an account, and utilize our DraftKings promo offer in under five minutes. The DraftKings app is available in all states where DraftKings is legal. This platform is designed to be easy and intuitive. Many new members can join minutes before an event.

Step 1: Download The DraftKings Sportsbook App

DraftKings does not have a different app for different states, but they do have a DraftKings Sportsbook and Casino app, a DraftKings Casino standalone app, and a DraftKings DFS app. So make sure you download the sportsbook app specifically.

Step 2: Create An Account With Your DraftKings Promo Code

During account creation, you’ll need to provide your basic information as well as some more sensitive personal info (such as the last four digits of your SSN for security purposes and identification confirmation). DraftKings protects all data using state-of-the-art SSL encryption and strict internal controls.

You can also utilize your DraftKings promo offer during this stage, or utilize it later if you’re not planning on making a deposit right away.

Step 3: Make A Deposit

Feel free to choose whichever banking method you feel comfortable with here. The DraftKings promo offers the same benefit no matter which payment method you choose. Select from credit or debit card, online bank transfer, PayPal, and a few others. When you make your first deposit you’ll get a $50 bonus bet. That first deposit also is matched 100% for up to $1,000. The deposit offer does come with a 25x playthrough requirement. 

Step 4: Place Your First Cash Bet

After claiming your DraftKings deposit bonuses, you still have one more sign-up offer to claim. Place your first cash bet for $5+. If that bet loses, you’ll get a bonus bet refund covering 100% of your loss, for up to $150. 

DraftKings App General Review

Deposit And Withdrawal

For most states, the DraftKings deposit and withdrawal methods are as follows:

  • Bank Transfer: Use your bank account login to transfer funds directly to and from your DraftKings account.
  • Credit Card: Credit cards can offer a convenient and easy way to add funds and DraftKings is one of the best credit card betting sites. However, the transaction can count as a cash advance, which comes with fees.
  • Debit Card: The same convenience of credit cards without the potential for cash advance fees. This is also a valid withdrawal option.
  • Draftkings Play+ Card: Utilize this prepaid card option to transfer funds from your bank account or DraftKings account. You can also use the funds on the Play+ card online and in stores.
  • PayPal: Most people are familiar with the extremely popular e-wallet PayPal. DraftKings is one of the best PayPal betting sites for making deposits and withdrawals. 
  • Casino Cage: DraftKings usually has a partnership with an in-state casino, where you should be able to deposit and withdraw in cash at their cashiers.
  • E-Check: Use your routing and account numbers to transfer funds directly to and from your sportsbook account.

Certain states restrict payment methods, so make sure to check for your specific state laws. DraftKings Iowa, for example, doesn’t accept credit card payments due to state laws.

DraftKings Customer Support

DraftKings Sportsbook and Casino customer support is available 24-7 via online chat, and you can send them an email for less urgent matters. You can also fill out a form to receive a call back from their support.

The DraftKings DFS customer support is only available from 6:00 AM EST until 11:59 PM EST.

DraftKings Licensing

DraftKings holds a license with the following regulatory bodies:

  • Arizona Department Of Gaming through a partnership with the PGA Tour.
  • Colorado Division of Gaming through a partnership with Twin River. You can also find a retail DraftKings Sportsbook at Mardi Gras Casino in Black Hawk, CO.
  • Illinois Gaming Board through a partnership with Casino Queen in East St Louis, IL, which also houses a retail DraftKings Sportsbook.
  • Indiana Gaming Commission through a partnership with Ameristar Casino Hotel in East Chicago, IN, which will open a retail DraftKings Sportsbook in 2021.
  • Iowa Racing and Gaming Commission through a partnership with Wild Rose Casinos, which houses retail DraftKings sportsbooks in Clinton, Emmetsburg, and Jefferson, IA.
  • Kentucky Horse Racing Commission licenses DraftKings. DraftKings partnered with Cumberland Run Racetrack.
  • Michigan Gaming Control Board through a partnership with Bay Mills Resort & Casino in Brimley, MI, which does not have a retail sportsbook yet.
  • New Hampshire Lottery has a partnership with DraftKings to offer an online sports betting platform to anyone over 18 in the state. You can also find the retail DraftKings Sportsbook at Filotimo in Manchester and The Brook in Seabrook.
  • New Jersey Division of Gaming through a partnership with Resorts Casino & Hotel in Atlantic City, NJ, which has a retail DraftKings Sportsbook.
  • New York State Gaming Commission through a partnership with del Lago Resort & Casino.
  • Pennsylvania Gaming Control Board through a partnership with Hollywood Casino and the Meadows Racetrack, both of which have a retail DraftKings Sportsbook.
  • Tennessee Lottery has a partnership with DraftKings to offer an online sports betting platform to anyone over 21 in the state.
  • Vermont Department of Liquor and Lottery: DraftKings has not launched in Vermont yet, but is expected to go live in January 2024. It will be licensed by the Vermont Department of Liquor and Lottery before launching in the state.
  • Virginia Lottery allowed DraftKings Sportsbook to launch in the state in late January 2021. In-state casinos and sportsbooks are currently being built in the state.
  • West Virginia Lottery through a partnership with Hollywood Casino at Charles Town Races, which has a retail DraftKings Sportsbook.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).

Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI/VA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA).

21+. NJ/PA/WV/IN/IA/CO/IL/TN/MI/VA only. In partnership with Meadows Racetrack & Casino. Eligibility restrictions apply. See draftkings.com/sportsbook for details.

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No legal online sportsbook in the US is more available than DraftKings. In fact, DraftKings is the exclusive sports betting partner of the New Hampshire Lottery, making DraftKings New Hampshire the only online sportsbook in the state. Here’s a look at all the sports betting states where DraftKings online sportsbook is currently or will be available shortly:

Where Is DraftKings Sportsbook Available?

DraftKings Sportsbook is currently available in the following states:

DraftKings Arizona

DraftKings is of course one of the top bookmakers in the United States, and its certainly taken off within Arizona. The DraftKings strong promo offer is part of the reason. The familiarity of the DraftKings app and great product reviews are also important. Some of DraftKings’ competitors are still building the brand loyalty that DraftKings Arizona already has.

DraftKings Connecticut

DraftKings was able to hit the ground running in Connecticut in fall 2021, and the state has since seen an impressive turnout from sports bettors. DraftKing Connecticut is able to take advantage of its partnership with Foxwoods Resort Casino to offer mobile players a great array of betting options.

DraftKings Colorado

The DraftKings launch in Colorado during May 2020 was a monumental moment. Its retail location at Mardi Gras Casino at Black Hawk is a special site. DraftKings became a heavyweight sportsbook as soon as its doors opened. DraftKings has also catered to its mobile app players in Colorado by offering juicy odds and great sign-up bonuses.

DraftKings Illinois

The Illinois branch of DraftKings launched in early March 2022, and the brand went for a unique approach. DraftKings Sportsbook partnered with Casino Queen in East St. Louis and rebranded the property as “DraftKings Sportsbook at Casino Queen.”

DraftKings Indiana

Since DraftKings launched in Indiana, it has continued taking over the Hoosier state. Indiana players are loving their experience with DraftKings, even more than the competition. DraftKings’ unique odds-boosting efforts and fun bet categories likely have a big impact on its competitors as well.

DraftKings Iowa

We’re approaching the three-year anniversary of when DraftKings opened its sportsbook in Iowa, and the results have been nothing but positive. The draw of combining bonus offers with a modest deposit is huge, compared to the more standard sportsbook sign-up deals. Make sure you give DraftKings a download if you’re located in Iowa.

DraftKings Kansas

Online sports betting is launched in early September 2022, and there’s no question that DraftKings is a top dog in Kansas. Make sure you check back often at our DraftKings Kansas page to ensure you’re getting the latest details on welcome bonuses and offers. Boot Hill Casino and Resort in Dodge City (Boot Hill Gaming) is in partnership with DraftKings, and we expect tons of bets to be placed on the hometown Kansas City Chiefs.

DraftKings Kentucky

DraftKings Sportsbook came online on September 28, 2023, in Kentucky. Retail sportsbooks in the state launched on September 28, 2023. DraftKings is partnered with Cumberland Run Racetrack.

DraftKings Louisiana

Still fresh to the DraftKings state lineup since joining in January 2022, DraftKings Louisiana is about to hit its hottest stretch of play for players. The 2023 college football season will be massive as the LSU Tigers try to dethrone the Alabama Crimson Tide in the SEC. We all know that football reigns supreme in the south, so be sure to grab DraftKings’ fantastic sign-up offers before kickoff this fall.

DraftKings Maine

DraftKings Sportsbook came online in Maine on Nov. 3, 2023. DraftKings partnered with the Passamaquoddy Tribe to launch in Maine.

DraftKings Maryland

The last state to legalize before the end of 2022 was Maryland. The Terrapin state has a variety of interesting local teams worth checking out, including the Baltimore Ravens and Baltimore Orioles. Check out our DraftKings Maryland page often to get the latest updates.

DraftKings Massachusetts

DraftKings MA has been an immediate hit in the Bay State, even though it just launched on March 10, 2023. Their app was an instant success when others struggled to get off the ground. But that’s the quality that comes with DraftKings, and with the Red Sox season coming, expect more to flock to DraftKings MA.

DraftKings Michigan

A heavyweight state in terms of excellent franchises and collegiate programs to bet on, Michigan has naturally taken to DraftKings in droves. Being able to take advantage of the Michigan Wolverines’ sudden improvement in 2021 was a major boost for DraftKings’ business and bettors’ pockets. Can the Detroit Lions and Detroit Pistons see a similar jump?

DraftKings New Hampshire

The New Hampshire sports betting market is unique in terms of what is allowed and what is not. The state has a bevy of in-person retail sports betting options, but online sports betting is legal through the DraftKings Sportsbook only.  The New Hampshire state lottery oversees all sports betting in-state.

DraftKings New Jersey

The competition is thick in New Jersey, but DraftKings is still at the top of the list of best player experiences. To start, as soon as you enter the app, you find the betting carousel. This is a custom-built wheel that suggests betting options for you based on your preferences. DraftKings competitors could learn a thing or two from this type of creativity.

DraftKings New York

The Empire State of course needed to join the sports betting party, even if it took longer than we had originally hoped. Having launched in 2021, DraftKings New York has seen DraftKings Sportsbook take an aggressive introduction to the state. DraftKings has partnered with del Lago Resort & Casino to bring its sportsbook into DraftKings New York. For those not near the Waterloo station, simply download the app and get ready to bet on (or against) the New York Giants and New York Jets for the upcoming NFL regular season.

DraftKings North Carolina

DraftKings Sportsbook launched in North Carolina on March 11, 2024, thanks to a partnership with NASCAR.

DraftKings Ohio

The state of Ohio officially welcomed sports betting to the state with a New Years Day bang on January 1, 2023. Ohio approved its first batch of Type C sports betting licenses this month, paving the way for a plethora of state businesses to offer sports gambling, according to Crain’s Cleveland Business. Stay tuned to our DraftKings Ohio page for updates.

DraftKings Pennsylvania

A state with premier NFL, NHL, and collegiate programs to bet on, Pennsylvania quickly established itself as a flagship betting location. DraftKings first debuted in the Meadows Casino and has since taken off to be a colossal force.

DraftKings Tennessee

Certain states prohibit betting on college teams within state lines, but thankfully that is not the case for Tennessee. Because the state legalized betting on both pro and collegiate teams within state lines, Tennessee bettors are able to fully enjoy their experience. After all, who would want to miss out on betting on the Memphis Grizzlies, Nashville Predators, and Tennessee Volunteers?

DraftKings Vermont

DraftKings is licensed by the Vermont Board of Liquor and Lottery. The DraftKings Sportsbook app launched in Vermont on January 11, 2024.

DraftKings Virginia

After almost three years of waiting, Virginia finally joined the sports betting community in January 2021. Since then, the state has seen a significant player base develop. DraftKings has an aggressive bonus, based on deposit offers, for their new players in Virginia.

DraftKings West Virginia

Whether a new player or a regular in West Virginia, DraftKings has set itself up as an attractive option. They offer a Full Moon Spooky Roulette on their casino side. Sportsbook participants will enjoy their sign-up offer and the ability to refer friends for more rewards!

DraftKings Wyoming

The first online sportsbook to go live in Wyoming is none other than DraftKings. The early returns in the state are promising for DraftKings Wyoming. Since September 2021 Wyoming has seen consistent participation from residents. Make sure you’re giving DraftKings Wyoming the chance to line your pockets.

DraftKings Sportsbook mobile app


Does DraftKings Sportsbook Have The Best Odds?

DraftKings Sportsbook has earned a reputation for offering competitive odds at fair prices. It’s simply not possible to have the best odds on every game though. The secret to success in sports betting is having multiple accounts at quality sportsbooks like DraftKings, BetMGM, Caesars Sportsbook, FanDuel, and PointsBet. This allows you to shop the market for the best odds on every bet you make.

How Do The Point Spread And Over/Under Work?

The point spread and Over/Under represent the most common wagers in the sports betting industry, and it’s important to understand how they work. If you’re new to sports betting, it’s also important to understand how odds are priced. Standard odds are offered at -110 or -115 at most sportsbooks. This means you’ll have to wager $110 to win $100 if the odds are -110, or wager $115 to win $100 if the odds are -115. The sportsbook’s fee to handle your bet is known as the vig. At standard odds of -110, for example, the vig here is 4.36%

Check out these spread odds for this NBA game between the Miami Heat and Atlanta Hawks:

TeamDraftKings SpreadFanDuel Spread
Hawks+7 (-105)+7.5 (+245)
Heat-7 (-115)-7.5 (-300)

It’s important to shop different sportsbooks for the best number and best odds available, whether you’re betting a favorite or an underdog on the point spread. Don’t expect there to be major differences in the betting lines offered by commercial sportsbooks. That said, even the smallest of differences can make a big difference in your final betting results. Even a half-point can be huge in the long term.

If you like the Hawks in the above game, for example, then you’re making your bet at FanDuel because it has the best odds and the best price. If you think the Heat will cover, then you’d make that bet at DraftKings for the same reasons.

Over-Unders are also known as “total” bets. You’re betting either over or under on a certain point total. Keep in mind that the “game total” is the combined number of points scored by both teams. A team total, on the other hand, is the total number of points scored by one specific team in a game. Here are the game totals for the Hawks vs. Heat game:

  • DraftKings: 217.5
  • FanDuel: 217

If you’re an over bettor then you make the play at FanDuel, as it has a lower number to surpass. Bettors favoring the under should make their bets at DraftKings, which has a slightly higher total and gives you one additional way to win.

Does DraftKings Have Good Moneyline Odds?

Moneyline bets are wagers on a team to win the game outright. There’s no spread component here. In the example below, runs are added or subtracted from a team’s final score. Now let’s compare the actual moneyline odds offered by DraftKings, FanDuel, and BetMGM on a recent MLB game:

TeamDraftKings Moneyline OddsFanDuel Moneyline OddsBetMGM Moneyline Odds

Giants’ bettors will want to grab the +165 odds at BetMGM for the highest payout, while Brewers’ backers will find their best price of -190 at DraftKings. But how much was the vig on these bets? DraftKings checked in at 3.98% compared to FanDuel (4.1%) and BetMGM (4.4%). It always pays to shop around for the best odds and the best price.

Sportsbooks want to entice bettors with competitive odds, but they also have an expected amount of profit to make on each betting market. This is the theoretical “hold.” The lower the amount here, then the better it is for bettors (i.e. more cash will be paid out to winners with a lower vig). Using our example above, DraftKings had a theoretical hold of 3.83% on the Giants-Brewers game. That 3.83% hold compared favorably to FanDuel (3.93%) and BetMGM (4.22%) as well.

Shopping For The Best Futures Odds

Futures bets are placed on the outcome of a game or event that takes place in the future. Very often it’s the final event of the season that determines a championship, like the Super Bowl. These odds can fluctuate wildly over the course of a season, and it’s vital to shop around for futures odds because there can be significant differences between sportsbooks.

DraftKings, FanDuel, and BetMGM already have Super Bowl 58 futures odds. They all had the same +650 odds on Buffalo as the betting favorite at one point. But what if you’re an Atlanta fan? The Falcons were +20000 at DraftKings, +25000 at FanDuel, and only +25000 at BetMGM at the beginning of the season. That serves as another great reminder to compare the odds being offered at various sportsbooks before making your bet. The payout is significantly greater at FanDuel and BetMGM, in this instance, compared to DraftKings.

Recent DraftKings Partnerships And Updates

DraftKings has been at the forefront of partnering with various organizations, even those that are not so obvious. This includes random events like a free-to-play tournament with Nathan’s Famous around its annual hot dog eating contest. DraftKings has also taken the lead in offering bets on non-traditional events such as the Oscars and the Olympics.

In November 2021, DraftKings announced an expanded multiyear agreement with the NBA that made it a co-official sports betting partner of the league. In July 2021, DraftKings announced a partnership with two PGA events to be held over the summer. This is in addition to its partnership with TPC Scottsdale, which is DraftKings’ licensing partner for online betting in Arizona. Both of these announcements demonstrate DraftKings’ interest in expanding beyond traditional sports like the NFL and NBA.

Even within the MLB, DraftKings announced in July 2021 that baseball fans will be able to watch MLB games and bet live directly from the DraftKings app, a huge step forward in the accessibility of live betting on baseball. In another unique move, DraftKings announced a partnership with Gisele Bündchen, who will act as a special advisor to the sportsbook.

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As we laid out in this review, DraftKings Sportsbook does it right on almost every level. The biggest issue for DraftKings is probably its reliance on brand recognition alone, with the DraftKings Sportsbook app promos and lines sometimes losing out to its competitors.

Why You’ll Like It:

  • DraftKings Sportsbook app is as good as it gets
  • Great lines, market depth, and features
  • Tons of daily promotions

What Could Be Improved:

  • DraftKings Sportsbook app can sometimes offer worse odds than smaller brands
  • Same-game parlay odds are not as good as those at FanDuel and Bet365
  • Easier to use same-game parlay betting

DraftKings Sportsbook Review FAQ

What is the DraftKings promo code offer in July?

Open a new DraftKings Sportsbook account and you’ll receive up to $1,200 in welcome bonuses. The DraftKings bonus comes in three parts:

  • Your first deposit is matched 20% for up to $1,000.
  • When you make your first deposit, you get a $50 bonus bet.
  • Finally, make sure the first cash bet your make is for at least $5 and DraftKings gifts you another $150 in bonus bets.
Is DraftKings Sportsbook legal in the US?

Yes. DraftKings Sportsbook is legal in the US in nearly all states that allow legal online sports betting. These states include Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming. 

Where can I download the DraftKings Sportsbook app?

You can download the DraftKings Sportsbook app in the App Store if you have an iOS device. You can also download the DraftKings Android App directly from the Google Play Store. 

No matter what device you have, you can also simply bet on the DraftKings Sportsbook directly on the website via its web browser.

Is there a DraftKings Casino app separate from the sportsbook version?

Yes, but you can also find casino games in the DraftKings Sportsbook app in states where they’re both legal. The DraftKings Casino app is a standalone option that houses all the casino games that you can find on the DraftKings Casino website. The DraftKings Sportsbook offers a stripped-down version of the sportsbook offerings, but it has slots and table games, which will satisfy most sports bettors who also enjoy casino gaming.

How does geolocation work with the DraftKings mobile betting app?

The DraftKings mobile betting app has to utilize geolocation services to verify that your wager is being placed in a state where DraftKings is legally licensed. This is pursuant to all state laws with legal online sports betting.

You can set it so that the DraftKings mobile betting app only tracks your location when you have the app open or when you’re placing a bet. That way, they’re not tracking you at all times.

How safe is the DraftKings Sportsbook app?

The DraftKings Sportsbook app is a safe, legitimate online sports betting platform that utilizes the latest encryption and security technology. DraftKings also has a strong commitment to responsible gaming, making it easy for players to limit their spending, take a break from the app, or voluntarily lose access to the app altogether. You can learn more about the security protocols and responsible gaming services directly on the site or app.

What is the DraftKings Sportsbook promo code?

You don’t need to enter a promo code to claim the $1,200 DraftKings Sportsbook welcome offer.

Does DraftKings pay real money?

Yes, DraftKings pays real money when you win your wager. Cashing out is a simple and fast process compared to many sportsbook competitors.

Even with continued efforts to market its product in legal gambling states, DraftKings continues to earn impressive revenue totals.

Is there a DraftKings Sportsbook physical location at Wrigley Field?

Yes, DraftKings Sportsbook at Wrigley Field is now open. However, while you can watch sports, buy food and drink, in-person sports betting is now yet available at the Wrigley Field. You can use the DraftKings Sportsbook mobile app to place bets though.

What are some sportsbook that are similar to DraftKings?
About the Author
Carson Mundy

Carson Mundy

Brand Content Manager
Carson Mundy is the brand content manager of Gaming Today. With a background in politics, sports, and SEO, he covers the legislative side of the sports betting industry. Carson has more than a decade of experience in the media and marketing industries, with time spent at resulta, The Canadian Press, Microsoft News, The Canadian Olympic Media Broadcast Consortium, Sportsnet, and other national outlets.

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