DraftKings Sportsbook Review

Draftkings Sportsbook

Disclaimer: DraftKings Sportsbook is not yet live in Michigan. This page will be updated after the site launches in state.

DraftKings Sportsbook is the online and mobile sports betting arm of the largest daily fantasy sports operator in the US, DraftKings.

Unique user-friendly features, including a personalized betting carousel and simplified sports betting language, have helped DraftKings Sportsbook position itself as a market leader in New Jersey, New Hampshire, West Virginia, Pennsylvania and Indiana.

DraftKings Sportsbook now has its sights set on the potentially lucrative Michigan sports betting market. On June 4, 2020, DraftKings announced it will enter Michigan through a partnership with the Bay Mills Indian Community.

The partnership includes plans for a retail sportsbook at the Bay Mills Resort & Casino in Brimley, one of two eastern Upper Peninsula casinos the tribe operates in Brimley, MI.

Mobile sports betting and online casinos are expected to launch in Michigan in late 2020 or early 2021.

DraftKings representatives had reportedly met with the Nottawaseppi Huron Band of Potawatomi, owner and operator of the FireKeepers Casino and Hotel in Battle Creek, about the possibility of running online and mobile sports betting on behalf of the tribe.

It is also worth noting that DraftKings entered into a merger agreement with Diamond Eagle Acquisition Corp. and its sports betting technology partner SBTech in late 2019. As a result, the entities are expected to merge and become a publicly traded company under the name DraftKings when the deal closes in early 2020. DraftKings Sportsbook has previously relied on SBTech competitor Kambi Group for online and retail sportsbook technology and odds. A merger with SBTech will move that in-house.

DraftKings Sportsbook new player bonus

Sign up for a new DraftKings Sportsbook account through our exclusive link, and you’ll instantly receive $25 in free bets you can use to wager on anything you like. But that’s not all.

You also receive a risk-free bet of up to $500. Make your first real-money wager of up to $500, and if you lose, DraftKings will issue you a refund in bonus dollars you can use to bet again.

Finally, you are also eligible for a 20% match bonus on your first deposit of up to $500. Of course, that means you’ll need to deposit $2,500 to take full advantage of this offer.


Online SportsbookDraftkings Sportsbook MI
Promo CodeNone - Use Links
Free Bet$25
Deposit Bonus20% up to $500
Risk Free BetUp to $500
Last updatedJuly 2020

DraftKings Sportsbook 2020 promos

DraftKings Sportsbook offers a plethora of promotions in 2020, including:

  • NBA 110+ Point Insurance: If your team scores 110 points in a loss, you can get your bet back up to $25.
  • No Goals, No Problem: This English Premier soccer promotion gives you your bet back (up to $25) if a game ends in a 0-0 tie.
  • Parlay Insurance: Bet a 5+ leg parlay on any sport, and you’ll get your bet back (up to $25) if you miss just one. However, each leg must have minimum odds of -300.
  • Refer A Friend Offer: Refer friends to DraftKings Sportsbook, and you could both earn up to $100 in free bets.

There are also regular promotions including daily odds boosts, deposit bonuses and Sportsbook Missions you can take advantage of at DraftKings Sportsbook.

How to sign up for a DraftKings Sportsbook account

It’s easy to sign up for an account with DraftKings Sportsbook.

Click the “Sign Up” tab on the DraftKings Sportsbook homepage. If you already have a DraftKings DFS account, you’ll have the chance to log in and link your accounts here.

If not, enter a username, your email address and a password, then click the box agreeing to the Terms of Use and Privacy Policy.

Click the “Next” tab, then enter your name, home address, date of birth, and the last four digits of your Social Security number.

Finally, click the “Next” tab again, answer a few security questions and click through to create your account.

DraftKings Sportsbook uses geolocation technology to ensure you’re inside state lines, and the last four digits of your Social Security number to verify your age and identity.

DraftKings Sportsbook sports betting mobile apps

You can access DraftKings Sportsbook on your computer with most web browsers.

Plus, you can perform the same account functions and place bets with a mobile device using the DraftKings Sportsbook mobile app.

The DraftKings Sportsbook mobile app is available for iOS and Android devices.

Apple and Android device users will find the DraftKings Sportsbook app available for download from the DraftKings Sportsbook website.

DraftKings Sportsbook betting options

DraftKings Sportsbook allows you to bet on the following sports:

  • Baseball
  • Boxing
  • Cricket
  • Cycling
  • College basketball
  • College football
  • Darts
  • Golf
  • MMA
  • Motorsports
  • NBA
  • NFL
  • Rugby
  • Tennis

Types of bets available on DraftKings Sportsbook

DraftKings Sportsbook gives you the chance to wager on several different basic bet types, including:

  • Point spreads
  • Money lines
  • Over/unders
  • Parlays
  • Teasers
  • Player and team props
  • Game props
  • Totals
  • Halves
  • Quarters
  • Futures

DraftKings Sportsbook also offers the following unique betting options:

Live betting

Live betting gives you the chance to bet on sporting events that are already in progress.

Bets on small outcomes inside the event and the outcomes are available using ever-evolving odds depending on the current score.

Flash bets

Live play-by-play betting with game visualizations available for football, soccer, tennis and baseball.


Fixed price point betting with entry fees where wagers are essentially placed against others entering the same event.

Entering a pool is like entering sports betting contests — you pay an entry fee and compete against other entries for pieces of the prize pool created.

Prizes depend on the number of players in the pool and the number of winners. DraftKings Sportsbook pools include:

  • Pick’Em Pools (Winner, Spread, Single, Game, 3 Way, etc.)
  • Squares
  • Brackets
  • Survivors

Cash out

DraftKings Sportsbook offers a “cash out” option for some bets. This allows you to get out while you’re ahead or cut your losses before the final outcome of a bet is determined.

DraftKings Sportsbook shows you the “cash out” options on your bet slip.

How to place a bet with DraftKings Sportsbook

Placing a bet with DraftKings Sportsbook requires you to first log in to your account, then create a bet slip, and, finally, confirm your wager.

Fortunately, if you can click buttons, you can do it.

Just log in to your account using the same credentials you entered when you signed up.

You can browse through the betting markets by sport using the tabs at the top of the page. You can also select bets from the personalized betting carousel DraftKings has designed for you.

No matter where you are, if you see a line you like, just click on it. That line will automatically show up on the bet slip on the right-hand side of the page.

Check the bet slip to make sure that’s the bet you’re after. Click on the Parlay or Round Robin tabs to construct these types of wagers. Otherwise type in the amount you wish to wager in the space provided.

DraftKings Sportsbook will instantly show you the potential payout and cash out options if available.

Click the green tab at the bottom of the bet slip to confirm the wager and place the bet. Check back for the results after the game.

DraftKings Sportsbook deposit and withdrawal options

You must first fund your account in order to place bets at DraftKings Sportsbook.. Plus, you’re going to want to know how to get your winnings off the site should those bets prove successful.

DraftKings Sportsbook offers you a number of easy-to-use deposit and withdrawal options.


There are a variety of ways you can deposit with DraftKings Sportsbook. This includes cash, credit and debit cards, and online third-party payment processors.

Here is a list of accepted methods of deposit on DraftKings Sportsbook:

  • Credit or debit cards: DraftKings Sportsbook accepts Visa and Mastercard credit and debit cards as long as the issuing bank accepts online gambling transactions. Check with your issuing bank to see if it does.
  • PayPal: The most popular third-party online payment processor in the world, PayPal is accepted as a method of deposit by DraftKings Sportsbook. PayPal accounts can be funded by a credit card or your bank account.
  • ACH e-check: DraftKings Sportsbook allows deposits by ACH e-check, which acts as a clearinghouse for electronic checks drawn against your bank account.
  • Skrill: DraftKings Sportsbook accepts deposits from third-party payment processor Skrill.
  • Play+ Prepaid Card: The Play+ Prepaid Card is a prepaid credit card you can buy, load, and use to make a deposit with DraftKings Sportsbook.
  • Online banking transfer: DraftKings Sportsbook allows deposits by online banking transfer, allowing you to directly link your bank account and DraftKings Sportsbook account online.
  • Wire: You can wire funds from major banks directly to DraftKings Sportsbook for deposit in your account.


You can usually withdraw money from DraftKings Sportsbook the same way you deposited. If withdrawals are not available with your particular deposit method, DraftKings Sportsbook will make other arrangements.

DraftKings Sportsbook withdrawal methods include:

  • PayPal
  • Bank transfer
  • Check by mail
  • Play+ Prepaid
  • Cash at Resorts Casino (NJ)

How to make deposits and withdrawals on DraftKings Sportsbook

Making deposits and withdrawals with DraftKings Sportsbook is quite easy.

Log in to DraftKings Sportsbook using the same credentials you provided on sign-up. Then, click the “Deposit” tab at the top right of the screen.

Then, just click on the payment option of your choice and follow the prompts.

You can even move money over from your linked DraftKings DFS account, provided you have played through the funds in DFS contests already.

Withdrawing funds is almost as easy. Just click “My Account,” then “Withdraw.”

Next, enter the amount and preferred method of withdrawal. Confirm your withdrawal method details and click through to request the withdrawal.

DraftKings Sportsbook loyalty program

DraftKings Sportsbook maintains a loyalty program. However, earning rewards is difficult and costly.

The real value for loyal users of DraftKings Sportsbook is found by taking advantage of regular promotions and bonuses on the site.

Contact DraftKings Sportsbook

DraftKings Sportsbook is a leader in many areas, but customer support is not one.

Some online sportsbooks maintain live chat lines and phone numbers that are staffed 24/7.

DraftKings Sportsbook offers no direct phone support, only callbacks. The best way to get an answer to a question is by email at [email protected].

Alternatively, try browsing through the FAQ or How To Bet sections from links found on the DraftKings Sportsbook homepage.

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