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DraftKings USA review 2022

DraftKings Sportsbook

DraftKings is one of the biggest sportsbooks in the US and Canada. Although it started as a fantasy sports platform, it has thrived as a sports betting platform.

DraftKings was founded in 2012 and soon became a leader in the fantasy sports platform. Soon after the PASPA ruling on sports betting, the platform decided to expand and incorporate sports betting services. Trailing only to FanDuel sportsbook, DraftKings is the second-biggest sportsbook in the US in terms of revenue. The competition is fierce at the top as sportsbooks continually offer promotions to attract new customers, but DraftKings has not been left behind and have some great bonus offers and freebets for new and existing bettors.

Both offerings by DraftKings have been welcomed with open arms in several US states. The company is the only publicly traded sportsbook on the NASDAQ exchange in the US, with FanDuel looking to follow suit. DraftKings is accessible in many US states that have regulated sports betting, including New Jersey, Pennsylvania and West Virginia.

DraftKings sign up bonus

Sportsbooks in the US are allowed to offer and promote these offerings to prospective customers, which is one of the reasons why there are several enticing offers available at different bookies.

DraftKings is one of the most generous sportsbooks, offering the juiciest returns upon signup. The signup bonus available comes in two folds, both very rewarding to high rollers and novice bettors alike.

Bettors can get up to a $1,000 initial deposit bonus after signup. 20% of your first deposits will be matched by DraftKings. The sportsbook also offers a $50 risk-free bet upon signup.

As with every sportsbook, some conditions need to be met for bettors to enjoy this bonus. While it might not seem like much, it is one of the biggest bonuses available among all sportsbooks in the US.

DraftKings review

DraftKings promotions

DraftKings promotions differ depending on the period of the year or competitions available. Meanwhile, DraftKings has several promotions that cover ongoing competitions in the several sporting events available.

The most recent is the 40-1 NBA playoffs odd that started in May. A $5 bet can get a better $200 returns on any NBA game in May if your pick wins. This DraftKings promotion was put together to commemorate the commencement of the 2021 NBA playoffs. The offer changes every day, and you get new bonuses daily.

The NHL playoffs are also ongoing, and DraftKings have something going for the hockey fans. There are individual offers for each of the four rounds. However, round 1 gives you a $5 NHL contest ticket for round 2 if you play with an entry fee of $25+ and the Washington Wizards advance over the Boston Celtics.

There are several other promotions available that are sport-specific and also tournament-specific. Regardless, they are all rewarding in their unique way.

DraftKings Sports betting review

DraftKings allows bettors to wager on some of the most popular sporting events in the world. While they do not have as many markets when compared to other sportsbooks in other countries, it covers all the major sports in the US and some.

Here are a few of the most popular sports available on DraftKings:

  • Football
  • Basketball
  • Horse racing
  • Golf
  • Hockey
  • Baseball
  • Soccer
  • eSports

When it comes to betting types, DraftKings offers the broadest range that is obtainable in the US. The popular spread, moneyline, totals, etc. are available. However, there are distinct bet types that are also available for different sports. In golf, for example, DraftKings offers odds on a golfer to either make or miss the cut. It is based on finishing positions and is popularly referred to as Head to Heads.

Other interesting bet types available are;

  • Props
  • In-play / live betting
  • Futures
  • Parlays
  • Teasers
  • Asian handicap
  • Derivatives
  • Alternative spreads
  • Alternative totals, etc.

DraftKings sportsbook also offers a live-betting feature to help bettors bet as the event progresses. While this goes against seasoned bettors’ instinct to research before placing a wager, it is one of the quickest ways to win. On occasion, it can be a very easy way to win as you can make an informed decision after monitoring the progress of the game.

DraftKings Sportsbook Screenshot

DraftKings Fantasy Sports review

DraftKings is the premier choice of the two available bookies that offer daily fantasy sports in the US. The sportsbook has a wide array of fantasy sports on offer, all of which are loaded with various contests to choose from.

Here are a few sports available in DraftKings fantasy.

  • MLB
  • NBA
  • Gold
  • MMA
  • Tennis
  • NFL
  • Soccer
  • NHL

Although you build your team for the season, there are several daily/weekly contests that bettors can play and win. For example, there is the $20 buy-in Sunday NFL tournament that offers $1 million to the winner. You can also get enticing rewards at the end of the season if your fantasy team accumulated as many points to qualify you for a prize.

DraftKings deposit options

Funding your betting account is one of the most important things to do as a bettor, and DraftKings has made it incredibly easy to do so. The whole process is very straightforward and secure regardless of whatever option you choose to make deposits with.

Top payment options at DraftKings USA:

  • Credit/Debit Card – Bettors can fund their DraftKings wallet with a Visa/Mastercard instantly for free. The minimum deposit that is allowed is $5.
  • PayPal – PayPal is one of the most convenient ways to fund your DraftKings waller as it could also be used to facilitate your withdrawal.
  • ACH/eCheck – This method is increasingly popular as it is also instant and free. Deposits are made through online banking and guarantee an extra layer of security as it deals directly with the banks and no third-party intermediary.
  • In-person – DraftKings partnership with casinos in different states allows bettors to fund their wallets in person at casino cages or DraftKings’ sports betting kiosks available.

DraftKings withdrawal options

Withdrawal is also a very seamless process as some of the deposit options can also be used for withdrawals. However, the processing time varies.

With PayPal, the withdrawal is free and is processed almost instantly but requires a minimum of $20. Bettors can also pick up their winners in person at DraftKings partner casinos in different states.

A check; however, will be processed in 3-7 banking days. It is one of the longest processing times for withdrawals at DraftKings.

DraftKings in comparison to other US betting sites processes cashouts and withdrawals quickly.

DraftKings review conclusion

All sportsbook reviews

It is incredibly difficult to pick out a flaw with DraftKings. Although it might not be a leader in either of the categories, it is one of the most complete sportsbooks in its entirety. If you are looking for a sportsbook you can trust, look no further. The fact it is being traded on the NASDAQ should tell you that it is committed to offering its services to bettors for the foreseeable future.

As one of the few sportsbooks that offer sports betting in all the US states that allows regulated sports betting, it has an edge over others because it also offers fantasy betting. For us, DraftKings is a solid 9/10.

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