Draftkings Sports Bet

Arrival of Top-Rated Digital Sportsbook in Old Dominion Marks Company’s Twelfth State Launch

BOSTON—Jan. 24, 2021—DraftKings Inc. (Nasdaq: DKNG) today announced the launch of DraftKings Sportsbook in Virginia, marking the 12th state in which the top rated mobile and online sportsbook is available. Customers in Virginia will now be able to place bets on a number of markets across professional and collegiate sports using the DraftKings made-in-America digital sportsbook app.

“Just in time for Super Bowl LV, we are thrilled to bring the DraftKings sports betting experience to Virginia with an abundance of betting options for fans,” said Jason Robins, co-founder and CEO, DraftKings. “With our customer-first approach, we hope to be the sportsbook of choice for Virginians who enjoy having skin in the game.”

Ahead of Super Bowl LV, DraftKings is offering all customers a Double Your Money opportunity on any team to score a touchdown. Beyond Super Bowl LV, the cutting-edge mobile technology of DraftKings Sportsbook will provide sports bettors in the Commonwealth of Virginia the opportunity to bet on more than 250 unique leagues including popular professional sports: baseball, football, golf, hockey, boxing, soccer, tennis, motorsports and basketball. Collegiate sports are also available, with the exception of in-state college teams and college prop bets. DraftKings Sportsbook technology keeps consumer information safe and secure and provides built-in responsible gaming measures like time and deposit limits.

Sports Betting Guide. View the Sports Betting Guide and FAQs for DraftKings Sportsbook in Atlantic City. Whatever your experience happens to be, we’re here to help you understand and feel comfortable with sports betting odds, terminology, and everything else you need to know to place a bet confidently.

  1. View football odds and bet online legally, securely, and easily on NFL, college football, and CFL.
  2. This was a rather large first addition for the sports betting name. Was added to the Ark Funds ETFs to give exposure to sports betting and esports. Shares of DraftKings are up 9% to $59.60 on.
  3. We are regulated by the New Jersey Division of Gaming Enforcement as an Internet gaming operator in accordance with the Casino Control Act N.J.S.A. 5:12-1 and its implementing regulations.
  4. Anyways, DraftKings Sportsbook is known as an expert when it comes to providing players a top-notch sports betting experience. It has already been available in the state of New Jersey, but it is now also finally live in West Virginia, along with Pennsylvania.

A consumer research study by DraftKings indicated that Virginia sports fans are most likely to bet on the NFL, followed by the NBA and college football. That same study found the Washington Football Team and the Dallas Cowboys are the two most favored NFL teams in Virginia, while the LA Lakers, Chicago Bulls, and Washington Wizards are the most popular NBA teams. Prior to Sunday’s NFL Conference Championship games, DraftKings is offering all customers an additional Double Your Money opportunity by betting on any of the four teams playing to score a touchdown.

DraftKings’ sportsbook and daily fantasy products are available via iOS and Android here.

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About DraftKings

DraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators in 17 countries. DraftKings’ Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia and West Virginia. DraftKings’ daily fantasy sports product is available in 8 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL, MLB, NASCAR and the PGA TOUR as well as an authorized gaming operator of the NBA and MLB and an official betting operator of the PGA TOUR.

FORWARD-LOOKING STATEMENTS

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings’ control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings’ Securities and Exchange Commission filings. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contact:
media@draftkings.com

DraftKings Sportsbook offers some of the industry’s best bonuses. The platform presents a wide array of betting options for both newcomers and experienced bettors.

With an intuitive interface and generous sign-up bonuses, DraftKings Sportsbook offers one of the industry’s most user-friendly mobile sports betting experiences.

Get Up To $1000 At DraftKings Sportsbook

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  • Great lines
  • Market depth and variety is great for newcomers
  • Easy to use app and website interface
  • Huge bonuses and payouts

DraftKings Sportsbook Promo Code 2021

New players to DraftKings Sportsbook can take advantage of a 20% deposit match bonus up to $1000. There is a 25X playthrough requirement.

Use our exclusive link below and claim your deposit bonus offer. Please review the full terms and conditions before depositing.

DraftKings Sportsbook Promo CodeUse our exclusive link to unlock $1,000 bonus
Deposit BonusUp To $1000 Deposit Bonus Offer
Minimum Deposit$5
Date Last VerifiedFebruary 2021

DraftKings Online Sportsbook: Quick Facts

  • DraftKings Sportsbook offers a 20% deposit match bonus on the first deposit at the site. New players can earn up to $1000 in bonus money with this offer. Terms and conditions apply.
  • Bettors can wager on all major US sports at DraftKings Sportsbook. International sports leagues and events, including soccer, basketball, auto racing, and many others, are open for betting as well.
  • Deposit options include ACH/eCheck, prepaid cards, debit cards, PayPal, and casino cage deposit.
  • DraftKings Sportsbook is legally available to players in MI, NJ, CO, IL, IN, PA, NH, IA, TN, VA, and WV.
  • The DraftKings Sportsbook mobile betting app offers one of the most user-friendly interfaces in the industry. The app presents lines, odds, and potential payouts in a way that’s easy to understand for new sports bettors.
  • Bettors can find numerous prop bet opportunities across several sports. Prop bets can be combined with other bets on parlay tickets.
  • The scope of different sports, and ways to bet, is enormous. Live in-game betting includes a “cash out” option, allowing bettors to lock in a win before a contest ends.
  • Players can also access DraftKings’ daily fantasy sports and online casino platforms (in states where legal) from the sportsbook app.

Pros

  • Covers a ton of sports
  • High-rated user interface
  • Available in a number of states

Cons

  • Only a 20% deposit match bonus
  • Average customer service
Visit DraftKings SportsbookVisit FanDuel SportsbookVisit FOX Bet Sportsbook
Rating: 4.9 StarsRating: 4.9 StarsRating: 4.9 Stars
Deposit Bonus:
20% Deposit Match up to $1000
Deposit Bonus:
$1000 Risk-Free Bet
Deposit Bonus:
$500 Risk-Free Bet
No Deposit Bonus:
N/A
No Deposit Bonus:
$25
No Deposit Bonus:
N/A
PayPal Deposits: YesPayPal Deposits: YesPayPal Deposits: Yes
Cash Deposits:
Casino Cage, PayNearMe
Cash Deposits:
Casino Cage, PayNearMe
Cash Deposits:
Casino Cage, PayNearMe

What States Is DraftKings Sportsbook Available In?

DraftKings online sportsbook is available in Colorado, Illinois, Indiana, Iowa, Michigan, New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia.

DraftKings Michigan Online Sportsbook

DraftKings Michigan officially launched on January 22, 2021.

Michigan legalized online sports betting, as well as online casino and poker, in 2019. It took about a year to finalize rules and regulations and to issue sports betting licenses to key operators before sports betting apps finally launched in late January 2021.

DraftKings Colorado Online Sportsbook

Colorado’s online sports betting industry went live on May 1, 2020. DraftKings Sportsbook Colorado debuted that day, along with three other mobile sports betting platforms.

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The launch of an online sports betting industry puts Colorado in position as a potential major hub for legal US sports betting. DraftKings’ online sportsbook will likely establish itself as one of the state’s most popular mobile wagering platforms.

DraftKings Sportsbook Colorado operates under the sports betting license of Mardi Gras Casino. Located in Black Hawk, Colorado, Mardi Gras Casino is owned by Twin River Worldwide holdings.

The Colorado market could see as many as 20 different mobile sports betting platforms when the industry reaches maturity. With a May 1 launch, DraftKings positioned its online sportsbook at the front of the curve in the Centennial State.

Sports

Colorado bettors can wager on home teams like the Colorado Avalanche, Denver Broncos, Colorado Rockies and Denver Nuggets on DraftKings Sportsbook. College sports are open for betting with no restrictions on in-state teams and events. DraftKings Sportsbook is available as a mobile app, or on desktop. Players 21 and over can bet on the platform from anywhere in Colorado.

DraftKings Illinois Online Sportsbook

Illinois legalized online sports betting in 2019, and the first online sportsbook launched in June 2020. DraftKings joined the market on August 5, 2020, making it the second online sportsbook in the state following BetRivers.

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DraftKings is partnered with Casino Queen in East St. Louis, Illinois, where it also runs a retail sportsbook.

When Illinois enacted mobile sports betting, the law created an in-person registration requirement. This meant sports bettors could create an account online but would need to confirm their registration in person. This placed DraftKings at a disadvantage due to its location downstate. Due to COVID-19, Governor Pritzker lifted this requirement, reinstated the requirement, and then lifted it once again. As of August 20, bettors no longer need to visit Casino Queen to complete registration. It is unclear if this is a permanent or temporary change.

Given the recent launch and the occasional in-person registration requirement in Illinois, it’s unclear how DraftKings will perform in the state. The operator’s track record certainly indicates that it could quickly become a Land of Lincoln sports betting leader.

DraftKings Indiana Online Sportsbook

Indiana passed legislation to legalize sports betting in May 2019. DraftKings Sportsbook was among the first wave of Indiana’s online sportsbooks that went live in October 2019.

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The debut of Indiana’s mobile sports wagering platforms added the Hoosier State to the growing list of US states with a legal online sports betting market. DraftKings Sportsbook Indiana quickly broke out as the state’s most popular online sportsbook after the launch.

DraftKings Sportsbook Indiana operates under the sports betting license of Ameristar Casino Resort, owned by Penn National Gaming.

The addition of an Indiana platform bolsters DraftKings’ position as one of the leading online sportsbook operators in the legal US market. Indiana bettors can bet on major sports home teams like the Indianapolis Colts and Indiana Pacers at DraftKings Sportsbook.

College sports betting on teams like the Indiana Hoosiers, Notre Dame Fighting Irish, and Purdue Boilermakers is available with no restrictions as well.

Like the other states in which it operates, DraftKings Sportsbook Indiana can be downloaded as a mobile app, or enjoyed from desktop from anywhere within Indiana borders.

DraftKings Iowa Online Sportsbook

DraftKings Sportsbook launched an online platform in Iowa in February 2020. The launch added the Hawkeye State to the list of US states in which DraftKings Sportsbook legally operates.

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Iowa legalized sports betting in May 2019. Retail and mobile sportsbooks began to go live in the state in August 2019.

DraftKings Sportsbook operates in Iowa under the Wild Rose Casino sports betting license.

Wild Rose Casino utilizes its partnership with DraftKings for both retail and online sports betting.

Bettors can register for a DraftKings Sportsbook account by visiting one of the three Wild Rose Casino retail properties in Iowa. This in-person method of registration is in effect until January 1, 2021. After that date, new account registration becomes available through mobile app or desktop.

Once registered, bettors 21 and over can access DraftKings Sportsbook and place bets from anywhere within state borders. Iowa bettors can take advantage of the full range of domestic and international professional sports betting options on DraftKings Sportsbook.

Aside from a restriction on college sports prop betting, Iowa bettors can wager on college sports as well, including in-state teams like the Iowa Hawkeyes.

DraftKings New Hampshire Online Sportsbook

New Hampshire’s sports betting industry operates under unique regulations compared to other US states. Governor Chris Sununu signed a sports betting bill into law in July 2019, making retail and online sports betting legal in the Granite State.

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DraftKings Sportsbook launched in December 2019 in New Hampshire. At the time, DraftKings Sportsbook New Hampshire went live as the lone online sports betting operator in the state.

New Hampshire doesn’t host any land-based casinos. Unlike other US states, DraftKings Sportsbook isn’t operating as a license partner to a retail casino. Instead, DraftKings Sportsbook was selected by the New Hampshire Lottery to launch the state’s first mobile sports betting platform.

The New Hampshire Lottery regulates the state’s sports betting industry. DraftKings’ online sports betting platform in New Hampshire offers many of the same betting options as in other US states.

Only betting on New Hampshire-based college sports teams and events is restricted by state law.

The DraftKings Sportsbook platform can be downloaded as a mobile app, or accessed through a desktop browser.

DraftKings New Jersey Online Sportsbook

DraftKings Sportsbook debuted in New Jersey in August 2018. The launch marked the beginning of an expansion into legal sports betting from DraftKings in the US. New Jersey lawmakers quickly went to work on sports betting legislation following the overturn of the Professional and Amateur Sports Protection Act (PASPA) in May 2018.

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Both retail and online sports betting became legal in June 2018, and DraftKings Sportsbook went live as New Jersey’s first state-regulated online sportsbook.

DraftKings Sportsbook operates in New Jersey as a license partner to Resorts Digital Gaming. With DraftKings Sportsbook (along with FOX Bet) under its license, Resorts Digital Gaming enjoys status as one of New Jersey’s top-earning online sports betting operators. Following the August 2018 launch, DraftKings Sportsbook emerged as one of New Jersey’s most popular mobile sports betting platforms.

DraftKings’ New Jersey online sportsbook is powered by software from international sports betting technology partner Kambi. The software, interface, sign-up process, and bonus offers at DraftKings Sportsbook New Jersey are virtually identical to other states in which the platform operates.

DraftKings Sportsbook can be downloaded as a mobile app for both iOS and Android devices. The platform can also be accessed directly from a desktop browser.
The DraftKings Sportsbook New Jersey app also offers online casino games, from DraftKings Casino, on an integrated platform.

DraftKings Pennsylvania Online Sportsbook

Pennsylvania hosts one of the biggest online sports betting markets in the US. The Keystone State is second only to New Jersey in mobile sports betting revenue among US states.

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DraftKings Sportsbook Pennsylvania plays a big role in those revenue totals. Since launching in November 2019, DraftKings Sportsbook quickly became established as the second-highest earning mobile sportsbook in the state.

The DraftKings online sportsbook platform operates in Pennsylvania under the Meadows Casino sports betting license. Pennsylvania bettors can enjoy the full slate of DraftKings Sportsbook’s domestic, international, and niche sports offerings.

Pennsylvania’s rich sports history makes DraftKings Sportsbook a naturally popular product in the state. Bettors can wager on home teams like the Philadelphia Eagles, Pittsburgh Steelers, Philadelphia 76ers, and a host of other Pennsylvania-based major teams. College sports are open for betting with no restrictions. Pennsylvania players can bet on the Villanova Wildcats, Penn State Nittany Lions, and other in-state programs and events.

Bettors age 21 and over can access DraftKings Sportsbook from anywhere in the state. DraftKings’ online sportsbook, casino, and daily fantasy sports platforms can all be enjoyed from a single integrated platform in Pennsylvania.

DraftKings Tennessee Online Sportsbook

DraftKings was one of the first few online sportsbooks to launch in Tennessee, and will most likely be a leader in sports betting revenue during its first year in the state.

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Tennessee legalized online sports betting in April 209 and the first sportsbook apps launched on November 1, 2020. Unlike in other states, DraftKings has no retail casino partner in the state. Because Tennessee has no retail casinos, it is unique in allowing online-only sportsbook licenses.

In Tennessee, DraftKings offers its mobile app for both Apple iOS users and Android users as well as on mobile and desktop browsers.

DraftKings Virginia Online Sportsbook

Within days of its Michigan launch, DraftKings debuted in Virginia. DraftKings launched on January 24, 2021, as the second legal sportsbook app in Virginia.

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DraftKings launched its online sports betting site just in time for Virginia bettors to place Super Bowl bets. Virginia has no retail casinos and there won’t be any until 2022 at the earliest. This means that no legal sportsbook is required to partner with a local casino in Virginia.

DraftKings West Virginia Online Sportsbook

Like many of the US states in which it operates, DraftKings Sportsbook stands at the front of the class in West Virginia’s mobile sports betting market.

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Lawmakers in the Mountaineer State legalized retail and online sports betting in March 2018. The overturn of PASPA two months later set the stage for West Virginia to officially launch legal sports betting. Mobile sports betting debuted in the state in August 2019, with DraftKings Sportsbook as the first to launch.

DraftKings Sportsbook leads the pack as the top revenue-earning mobile sportsbook in the state.

DraftKings Sportsbook operates in West Virginia under the sports betting license of Hollywood Casino at Charles Town Races.

Players 21 and over can download and place bets on the DraftKings Sportsbook mobile app from anywhere within state borders. The platform is available as a mobile app for both iOS and Android devices, and can also be accessed directly from desktop.

West Virginia bettors enjoy unrestricted access to betting markets that include all major US professional sports, as well as international leagues. State law permits college sports betting with no restrictions. Wagering on in-state teams like the West Virginia Mountaineers is legal.

Full Review Of DraftKings Sportsbook

DraftKings Sportsbook appeals to bettors of all experience levels. Newcomers to sports betting will find easy to understand odds and lines.

The overall package offered at DraftKings Sportsbook should appeal to both novice and experienced sports bettors. The top-notch, user-friendly interface is among the best in the US legal online sports betting industry.

Available sign-up bonus offers provide new bettors a deposit match bonus up to $1000. Bettors have access to a multitude of professional, college, and international sports betting markets.

Sports

Live in-game betting and numerous prop betting options add to one of the most comprehensive betting menus in the industry. One drawback to DraftKings Sportsbook is the average level of customer service response.

Key Features Of DraftKings Sportsbook

Types of bets offered: Spread, moneyline, totals, in-play, prop bets, parlays.

Rewards program: Yes.

Sample sports leagues covered: NFL, NBA, MLB, NHL, NCAA, EPL, NASCAR.

Mobile apps: Android and iOS. Web-version is available.

Deposit methods: Credit cards, debit cards, prepaid cards, casino cage deposit, ACH/eCheck. Full list and details here.

Minimum deposit: $5.

Betting limits: Maximum bet limited to $500,000 maximum payout.

Other products available from sportsbook account:

  • Daily Fantasy Sports

  • Online Casino

License:

  • New Jersey – Licensed by the Division of Gaming Enforcement, operating in partnership with Resorts Digital Gaming.

  • Michigan – Licensed by the Michigan Gaming Control Board, operating in partnership with Bay Mills Casino Resort.
  • Colorado – Licensed by the Colorado Division of Gaming, operating in partnership with Twin River Worldwide Holdings.

  • Indiana – Licensed by the Indiana Gaming Commission, operating in partnership with Ameristar Casino Resort.

  • Iowa – Licensed by the Iowa Racing and Gaming Commission, operating in partnership with Wild Rose Casino.
  • Illinois – Licensed by the Illinois Gaming Board, operating in partnership with Casino Queen.
  • New Hampshire – Licensed by New Hampshire Lottery, operating as an independent entity.

  • Pennsylvania – Licensed by the Pennsylvania Gaming Control Board, operating in partnership with Meadows Casino.

  • Tennessee – Regulated by the Tennessee Lottery. DraftKings does not need a local partner to operate legally in Tennessee.

Draftkings Sports Bet

  • West Virginia – Licensed by the West Virginia Lottery, operating in partnership with Hollywood Casino at Charles Town Races.

Deposits And Cashouts At DraftKings Sportsbook

DraftKings Sportsbook offers multiple deposit and withdrawal methods. Some of these options are faster and have a higher acceptance rate than others.

How Can I Deposit At DraftKings Sportsbook?

Deposit MethodMinimum DepositHow long for funds to appear in my account?
VISA Debit/Credit Card$5Generally instant
MasterCard Debit/Credit Card$5Generally instant
American Express Debit/Credit Card$5Generally instant
Discover Debit/Credit Card$5Generally instant
ACH/eCheck$5Generally instant
PayPal$5Generally instant
Prepaid Card$5Generally instant
Wire Transfer$55-7 days
Casino Cage Deposit$5Generally instant

ACH/eCheck is the easiest deposit method. Credit/debit card deposits are sometimes rejected, and bettors should be wary of incurring cash advance fees on credit card deposits from the issuing bank.

The DraftKings prepaid card is issued by DraftKings and can be loaded with funds using ACH, debit, or credit card. Those funds can then be deposited into the sportsbook account.

PayPal deposits require a few extra steps to get through the process but has a nearly 100 percent success rate.

Wire transfer takes the longest of any deposit method, and fees may apply. Cash deposit at the casino cage of the land-based casino associated with DraftKings Sportsbook is also an option in applicable states.

My Credit Card Was Declined At DraftKings Sportsbook. What Do I Do?

Credit card deposits come with a somewhat high rejection rate. Some issuing banks don’t allow for deposits onto a real-money gambling site. Luckily for players, other, more reliable deposit methods include:

  • Using the DraftKings prepaid card

  • Using PayPal

  • Using eCheck / ACH

How Can I Cash Out From DraftKings Sportsbook?

Withdrawal MethodMinimum CashoutHow long for funds to appear in my account?
ACH/eCheck$202-7 days
PayPal$202-7 days
Play+Prepaid Card$202-7 days
Check By Mail$201-2 weeks
Casino Cage Pick Up$20Instant

One thing to watch out for when depositing money on DraftKings Sportsbook is that you will not be able to withdraw using ACH/eCheck, prepaid card or PayPal unless you have deposited using that method in the past.

How Can You Play At DraftKings Online Sportsbook?

Android App. DraftKings online sportsbook is available as an app for Android. Android users must directly download the app from the DraftKings Sportsbook website.
iOS App. iOS users can find and download the DraftKings Sportsbook app in the App Store. The app can be used on iPhone and iPad.
Browser. DraftKings Sportsbook can be accessed from any desktop browser, including Chrome, Firefox, and IE.

Common Geolocation Issues With DraftKings Sportsbook

DraftKings Sportsbook utilizes geolocation technology to determine a user’s location. Bettors must be located within the borders of a state in which DraftKings Sportsbook legally operates at the time of a wager.

The geolocation technology can sometimes block a player from betting if the player is located near state borders. Playing on a mobile device with location services, or enabling GPS on a device, can help with geolocation issues.

What You’ll Probably Like About DraftKings Sportsbook

DraftKings Sportsbook offers an extensive selection of sports.

The menu of betting options at DraftKings Sportsbook includes all major US leagues, along with many international sports betting options. The NFL, NCAA, NHL, NBA, MLB, UFC, NASCAR, and a host of other domestic leagues and events are at bettors’ disposal at DraftKings Sportsbook.

International leagues, like English Premier League soccer, expand the betting menu even further. The international betting options aren’t just limited to major soccer leagues, however.

Cricket, rugby, table tennis, and international motorsports are just a few of the international sports on the board at DraftKings Sportsbook.

The user-friendly interface makes wagering easy for bettors of all experience levels.

Finding a bet on DraftKings Sportsbook is about as easy as it gets among legal US online sportsbooks.

Betting

A banner at the top of the main lobby displays leagues and events with upcoming betting opportunities. Clicking on one of those links opens up a menu of all available bets coming up in the immediate future for that league.

Clicking on the odds for a particular bet brings up a menu at the right of the screen, in which bettors can enter a potential bet amount and see the payout. Newcomers to sports betting won’t find an easier interface to work with.

Up to $1,000 in sign-up bonuses available.

DraftKings Sportsbook offers one of the biggest bonus packages of any online sportsbook. Up to $1000 can be unlocked with a 20% deposit match bonus offer on the first deposit.

Why You Might Choose A Different Online Sportsbook

Only a 20% deposit match bonus.

While the potential $1,000 in sign-up bonuses is enticing, the deposit match portion of that total is less generous than at some other online sportsbooks. The bonus requires 25x playthrough to receive the full bonus amount. This means that for every $25 wagered, the bettor receives a $1 bonus.

Lower odds compared to some other sportsbooks.

Different sportsbooks offer varying odds, making some bets more lucrative at certain sportsbooks.

DraftKings Sportsbook tends to offer less enticing odds on some underdog lines versus other sportsbooks. This trend is balanced out by better odds when betting on the favorite, however.

DraftKings Sportsbook: License Information

Below is a list of states where DraftKings Sportsbook operates, along with the license partner in each state.

ColoradoTwin River Worldwide Holdings
IndianaAmeristar Casino (Penn National Gaming)
IowaWild Rose Casino
IllinoisCasino Queen
New HampshireIndependent license
New JerseyResorts Digital Gaming
PennsylvaniaMeadows Casino (Penn National Gaming)
West VirginiaHollywood Casino at Charles Town Races (Penn National Gaming)
TennesseeNo local partner required under TN law
MichiganBay Mills Casino Resort

Draftkings Sports Betting

Individual US states determine their own regulations for legal online sports betting. In New Jersey, for example, the New Jersey Division of Gaming Enforcement approves all licenses for online sports betting operators.

Sports betting licenses are only awarded to New Jersey-based retail casinos. Those casinos can then partner with other companies, including those outside of New Jersey.

DraftKings Sportsbook New Jersey operates under the master sports betting license of Resorts Digital Gaming. Resorts Digital Gaming is the parent company to Resorts Casino Hotel, a retail property in Atlantic City.

Is DraftKings Sportsbook Right For You?

DraftKings Sportsbook offers a user-friendly interface, a wide selection of sports, and a variety of in-game and other betting options. The platform should appeal to bettors of all experience levels. The easy-to-navigate betting menu is particularly convenient for newcomers to sports betting.

Experienced high-volume and high-stakes bettors will probably be looking to shop around for better lines for some games. The odds on underdog teams, in particular, can be less favorable at DraftKings Sportsbook when compared to other online sportsbooks.

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/), 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 only. In partnership with Meadows Racetrack & Casino. Eligibility restrictions apply. Seedraftkings.com/sportsbookfor details.

DraftKings Sportsbook FAQ

Draftkings Sports Betting

Is it legal to bet on sports online at DraftKings Sportsbook?

Yes. DraftKings Sportsbook operates legally in seven US states. Bettors in those states can legally place bets at DraftKings Sportsbook, as long as they’re located within the borders of an appropriate state when wagering.

DraftKings Sportsbook legally operates in Michigan, New Jersey, Colorado, Pennsylvania, Iowa, Illinois, New Hampshire, Indiana, Tennessee, and West Virginia.

Yes. DraftKings is a publicly-traded, multi-billion dollar company. As such, DraftKings operates its online sports betting platform with a keen interest in providing legitimate and secure sports betting.

DraftKings Sportsbook is regulated by state government agencies in each state in which it operates.

How old do you have to be to bet online at DraftKings Sportsbook?

21 or older. The minimum age to place a bet at DraftKings Sportsbook in any state is 21. To register an account, bettors must be able to provide proof of identity and age in order to deposit and place bets.

Do you have to be in a particular state when you place a sports wager at DraftKings Sportsbook?

Yes. Bettors must be located in one of the states in which DraftKings Sportsbook operates legally in order to place a bet.

Anyone in the US (21 or older) can register for a DraftKings Sportsbook account. To deposit and place a bet, however, players must be located in an appropriate state.

How do you get paid if you win at DraftKings Sportsbook?

Bettors at DraftKings Sportsbook can cash out using several methods. Options include ACH/eCheck, PayPal, check by mail, and casino cage pickup. Casino cage pickup is not available at DraftKings Tennessee because there is no local retail casino partner in the state.

See the “How Do I Cash Out From DraftKings Sportsbook” table above for more information on withdrawal options.

Can you do in-play betting at DraftKings Sportsbook?

Yes. DraftKings Sportsbook offers an extensive variety of in-play betting options across virtually every sport. These options include “Flash Bets”, which allow bettors to wager on which team will achieve a particular accomplishment next.

For example, a flash bet in a soccer match allows for betting on which team will score the next goal, do the next corner kick, and so on.

In Tennessee, there is no live, in-game betting permitted during college sports games.

What is the best way to make a deposit at DraftKings Sportsbook?

ACH/eCheck is one of the quickest and most reliable ways to deposit at DraftKings Sportsbook. Debit and credit card deposits are also fast, but are sometimes rejected by the issuing bank.

PayPal is another good option, though the process takes a few more steps than the other methods mentioned.

Does DraftKings Sportsbook offer any free bets or deposit bonuses?

Yes. New players at DraftKings Sportsbook can take advantage of a 20% deposit match bonus up to $1000. Terms and conditions apply.