Draftkings Sportsbook Rules
Sports Specific Rules Sports Betting Guidelines Live Action Betting Guidelines. What states can I play DraftKings Sportsbook and Casino? DraftKings Sportsbook House Rules. DraftKings reserves the right to add, delete, or amend these House Rules and/or payoff odds subject to regulatory approval of the New York State Gaming Commission. With the rules and regulations around responsible gambling, a gift card is another option to convert that money into funds for entertainment. So go Make It Reign. DraftKings Sportsbook Gift Card FAQs. What states can you wager in using the DraftKings sportsbook gift card? DraftKings Sportsbook users can wager on the vast majority of teams, sports and events. However, some state betting regulations prohibit wagering on certain sports or athletic events. New Jersey and New Hampshire, for example, do not allow betting on collegiate sports teams from within their jurisdictions. These prohibited bets will not be shown. With the rules and regulations around responsible gambling, a gift card is another option to convert that money into funds for entertainment. So go Make It Reign. DraftKings Sportsbook Gift Card FAQs. What states can you wager in using the DraftKings sportsbook gift card?
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Terms & ConditionsTerms & Conditions
IMPORTANT LEGAL NOTICE REGARDING CONTEST RULES OF DRAFTKINGS
IMPORTANT! PLEASE CAREFULLY READ THESE CONTEST RULES (hereinafter, 'Contest Rules') BEFORE ENTERING THE DRAFTKINGS FOOTBALL PICK’EM NATIONAL CHAMPIONSHIP CONTEST AS THESE RULES AFFECT YOUR LEGAL RIGHTS AND OBLIGATIONS.
CONTEST DESCRIPTION
DraftKings is pleased to announce an exciting new contest, the DraftKings Pro Football Pick’em National Championship Contest (hereinafter, the 'Contest' and entrants in said Contest “Contestants”), exclusively for DraftKings players. Contestants will have the opportunity to win the Grand Prize (defined below).
To enter the Contest, DraftKings players must officially register at https://sportsbook.draftkings.com/pools or on the DraftKings mobile app. The registration period will begin on July 12th 2020 and close at 10:00am EST on the Sunday of the first regular season NFL game (tentatively scheduled for September 13). Registration must be made via an existing DraftKings Sportsbook account. This Contest has an entry fee of $1500. Contestants register by joining the “DraftKings Pro Football Pick’em National Championship”, posted in DraftKings’ Pools Lobby. Contestants can make up to three (3) entries. These entries will be treated independently from one another. Each Contestant shall be subject to these Contest Rules.
The Contest begins at the kickoff of the first Thursday NFL game and concludes at the end of NFL Week 16 (the “Contest Period”). NFL Week 17 and the NFL playoffs are not included in the contest. Contestants shall earn points by making picks against the spread for NFL games. Contestants must make exactly seventy (70) picks over the duration of the Contest; five (5) picks per week with two (2) weeks off. Any picks over the seventy (70) threshold or more than five (5) per week shall not be counted. Contestants who enter fewer than seventy (70) picks shall not be disqualified, but shall receive zero (0) points for unpicked games.
Picks can be made and modified until the start time of the game being picked for Thursday, Friday & Saturday games. For all games starting after 1pm EST on Sunday, selections will lock at 10am EST. If the start time of a game is officially changed, that change will be reflected in the pool, but picks for that game will still be locked at the 10am EST lock time. The only way to submit picks is to use the DraftKings website or mobile app. Picks cannot be submitted by email, phone, or in person. Picks for an entry cannot be made by any individual other than the owner of the DraftKings account that registered for the Contest (i.e., no proxy play allowed), and all picks must be made by 10am EST on Sunday. DraftKings will provide a public contest leaderboard and record of all picks made by each Contestant for the Contest. Picks for a game will not be added to the public record until after that lock time. Your username shall be posted to the leaderboard. Spreads will normally be released on Wednesday morning and will not change once they are posted. The exact time the spreads are posted may fluctuate from week to week and may occur earlier than Wednesday in a given week.
Prizes (defined below) will be paid according to finishing position, with users ranked from most points to least points. Contestants receive 1 point for a correct pick, and 0 points for an incorrect pick. All posted lines will have half-point spreads, so there will be no ties. If a game is officially postponed, it must be completed on or before the Tuesday following the postponement for points from that game to count towards the Contest. If the game is not completed within that time and it is selected by a user, it will count as a loss.Prizes will be paid according to finishing position, with users ranked from highest to lowest score based on the Contestant’s cumulative total across all games in the Contest.
Prizing will fluctuate based on the number of Contestants who enter the Contest, provided, this Contest has a guaranteed prize pool (“Prize Pool”) of no less than TWO MILLION DOLLARS ($2,000,000). The Prize Pool consists of all Contestant entry fees, less $90 per entry for administrative fees (6% of entry fee). If the collected Prize Pool exceeds the guaranteed amount, the additional money will be added to the payout structure below. The number of places paid out, and the percentage paid out to each place will not change, regardless of the total Prize Pool.The winner of the Contest shall receive FIFTY PERCENT (50%) of the entire Prize Pool (the “Grand Prize”). Contestants shall be eligible for secondary prizing (“Prize(s)”) as outlined below:
Additionally, each week a contestant gets all five of their picks correctly, they will receive a $100 free bet.
These Contest Rules, in conjunction with the DraftKings' Sportsbook Terms of Use and Privacy Policy, shall govern the player eligibility, contest conduct, and rules of play of the Contest. A Contestant who wins any amount in connection with the Contest may be taxed on the Bonus, Prize, Grand Prize, and or other prizes’ fair market value depending on applicable law, and all such tax liability is the responsibility of the player.
TIEBREAKERS
If there is a tie for 1st place, the entry with most correct picks in your final week of selections in the Contest Period, wins the tie (bye weeks removed.). If that does not break the tie, the entry that had the most correct picks in their 2nd to last week of selection wins, and so on. If the tie cannot be broken by this method, the prize will be split evenly among the tied positions. All tiebreaks for other places will be calculated by evenly splitting the prize among the tied positions.
MAXIMUM NUMBER OF ENTRIES
Contestants may not enter the Contest more than three (3) times.
RULES OF PLAY
Except as otherwise stated in or modified by these Contest Rules, the Contest shall be governed by the DraftKings Sportsbook Terms of Use and Privacy Policy.
ELIGIBILITY
Players must be 21+ years of age or older if playing from West Virginia or New Jersey. Players must be 18+ years of age or older if playing from New Hampshire. Contestants must be located in the state of West Virginia, New Hampshire or New Jersey to enter the contest, make picks, and edit picks.
CONDITIONS ON CLAIMING PRIZE
The Prize-winners of the Contest, in order to claim either the Prize or the Grand Prize (“Prize Winners”), or both as the case may be, must: Agree to be bound by and adhere to all rules and codes of conduct as required by the terms and conditions during your participation in the Contest; Consent to the release of certain personal information to the DraftKings for purposes related to participation and eligibility for your participation in the Contest; Execute other documents as DraftKings may reasonably request;
Respond in a timely manner to DraftKings’ reasonable requests to facilitate Prize awards;
At all times conduct him/herself in a professional manner, and shall not be involved in any conduct or activity that may bring the winner into disrepute, or harm the finalist or winner's name or reputation.
(hereinafter, collectively, the 'Requirements').
In the event a Prize Winner is not able to meet the Requirements for claiming the Prize or grand prize, such Prize Winner, shall not be entitled to the Prize, the Grand Prize, or any other prize, compensation or monetary value whatsoever, and DraftKings will have no further obligation to the Prize Winner. The DraftKings player explicitly agrees that by entering the Contest, the sole prize for becoming a Prize Winner in the Contest is the Prize with the opportunity to win the Grand Prize. The Prize Winner who wins both the Prize and the Grand Prize, as applicable, must be able to fulfill the Requirements. A Prize Winner's failure to fulfill the Requirements shall constitute a disclaimer by the Prize Winner of the Prize, the Grand Prize, or any other prize, compensation, or monetary value of any nature whatsoever associated with or otherwise related to the Contest.
EFFECT OF CONTEST RULES ON TERMS OF USE
The Terms of Use and DraftKings pools rules on the DraftKings Website (www.sportsbook.draftkings.com) shall apply to the Contest and to these Contest Rules, and are hereby incorporated herein by reference. These Contest Rules are intended to be a supplement to the Terms of Use and should not be determined to be a substitute or replacement for, or otherwise render inapplicable, the Terms of Use or any part thereof unless otherwise indicated herein. In no way other than a provision of these Contest Rules that explicitly conflicts with a provision in the Terms of Use or DraftKings pools rules shall these Contest rules to be deemed to replace or nullify any provision contained in the Terms of Use or DraftKings pools rules.
EFFECT OF CONTEST RULES ON PRIVACY POLICY
The Privacy Policy on the DraftKings Website (www.sportsbook.draftkings.com) shall apply to the Contest and to these Contest Rules, and are hereby incorporated herein by reference. These Contest Rules are intended to be a supplement to the Privacy Policy, and should not be determined to be a substitute or replacement for, or otherwise render inapplicable, the Privacy Policy. In no way other than a provision of these Contest Rules that explicitly conflicts with a provision in the Privacy Policy shall these Contest rules to be deemed to replace or nullify any provision contained in the Privacy Policy.
LIMITATION OF LIABILITY
The limitation of liability contained in the Terms of Use shall be deemed to apply to your participation in the Contest and your travel to and from, and attendance at the Contest, and by entering the Contest you agree to be bound, in addition to all other terms and conditions as described and contained herein and in the Terms of Use, by the provisions thereof.
MARKETING DISCLAIMER
By entering the Contest, each Contestant agrees to receive communications from DraftKings, subject to opting out in accordance with the instructions in the Terms of Use or in any such communications from DraftKings.
CONSENT OF USE
Each Contestant hereby agrees and consents, without further authorization, compensation or remuneration of any kind, to the editing, modification, replication, publication and/or other use of the names, likenesses, photographs, videos, voices, entries and the like of the Contestant in any medium, whether now known or hereafter developed, including without limitation, any and all advertising, promotions, and other publicity conducted by DraftKings. Notwithstanding the generality of the foregoing, each Contestant further assigns any and all rights he or she may have over his or her entry(ies) to DraftKings without further authorization, compensation or remuneration of any kind.
MISCELLANEOUS
As used herein, a 'Force Majeure' event shall mean the interruption of or material interference with DraftKings' ability to grant any Prize or Grand Prize, or any other compensation, consideration, or any other thing of value to the Prize Winners by any cause or occurrence not within DraftKings' reasonable control, including, but not limited to, fire, flood, epidemic, earthquake, explosion, hurricane, terrorist threat or activity, public health emergency (e.g., COVID-19 or SARS), act of God or public enemy, satellite or equipment failure, riot or civil disturbance, war (declared or undeclared), or any federal, state or local government law, order or regulation, or order of any court. In the event of a Force Majeure, DraftKings may reschedule the Contest, or may cancel the Contest altogether.
DraftKings reserves the right to alter these rules and event at any time in DraftKings' sole discretion upon reasonable notice to you. DraftKings may exclude any individual(s) from participation, if it determines at is sole discretion there are any irregularities or abuses occurring in connection with the Contest.
By participating in the Contest, the Contestant agrees to be bound by the terms of these Contest Rules, and the Terms of Use, and hereby agrees to disclose all applicable information to DraftKings, such information subject to the Privacy Policy.
Employees of DraftKings may not participate in DraftKings Pro Football Pick’em National Championship. Entries cannot be transferred or refunded. All Sportsbook.DraftKings.com house rules apply unless in conflict with a Contest rule, or otherwise indicated. Winnings will be subject to IRS reporting of winnings based on applicable laws and IRS regulations. DraftKings is not responsible for any website performance issue that results in a delay or prevention of submission of picks, participation in the contest, or other negative impact to the contestant in conjunction with the Contest. If the NFL regular season is shortened to eleven (11) weeks or fewer DraftKings will refund all entries and no prizes will be paid. If the length of the season is modified but continues for twelve (12) weeks or greater, the Contest will be adjudicated based on Contestants’ point totals at the end of the official season. Contestants acknowledge that under this shortened NFL regular season scenario, it is possible for the season to end before a Contestant has reached the picks threshold, and thus Contestants must weigh this possibility when determining when and how to space their weeks off apart. Contestants may be disqualified and forfeit their entry fee and winnings if they violate the terms of this Contest or the DraftKings.com website Terms of Use.
CANCELLATION
This contest will be made up of 16 weeks in the NFL Season (Weeks 1-16). Any adaptions to the NFL schedule will have impact on the Pro Football Pick’em National Championship contest. Below are potential outcomes for Pro Football Pick’em National Championship:
1) If the NFL cancels their season after twelve (12) weeks, the final standings for the contest will be paid out according to % of picks correct. Users should be aware of what weeks they choose to take off as it will impact standings to this point.
2) If the NFL cancels their season before twelve (12) weeks are played out, all contestants will be refunded their entry fee, $1500.
3) If the NFL delays any portion of their season, the contest will be delayed to reflect the NFL schedule delay.
a. If the delay exceeds six (6) months from the last football game, the Pro Football Pick’em National Championship contest will enact scenario one (1) or two (2) stated above.
b. Plays less games instead of a date…
Updated DraftKings Review – Still the Leader in Daily Fantasy?
Over the past five NFL seasons, DraftKings has taken daily fantasy sports to the next level. While we can remember the first-ever Millionaire-Maker, DraftKings ran four Millionaire-Maker contests in one week earlier this season.
Innovative additions to their DFS product such as Showdown contests, Best Ball contests, and Live Finales only further separate DraftKings from the competition. Once you are ready to get started, be sure to use our DraftKings Promo Code for a 100% deposit bonus upon registering.
- 2Who is DraftKings?
- 3DraftKings Review of Website and App
- 5Complete Draftkings Sportsbook Review for October 2020
Who is DraftKings?
We feel obligated to start this DraftKings review with a bit of background information on the company itself. DraftKings has an interesting story, and their journey from startup to a billion-dollar valuation is incredibly impressive and should play a role in whether or not you trust them with your business.
Over the past few years, DraftKings has been instrumental in legalizing the game of playing fantasy sports for money online in the United States. Furthermore, DraftKings has been equally important in the ongoing battle to legalize sports betting outright.
The brains and ambition behind the meteoric rise of DraftKings belong to Jason Robins, Matthew Kalish and Paul Liberman. The complete back story of the company is the dream of any sports-loving techie in the 20 to 30-year-old range.
All three of these entrepreneurs previously worked at Vistaprint. While we don’t have a complete chronology, with a little imagination, one can understand how exciting the early days of creating a daily fantasy sports platform must have been.
It is however, a known fact that DraftKings Inc., actually started operations out of Paul Liberman’s house.
In early 2012, the three pals launched the startup that they’d previously been working on part-time. The very first contest was a daily fantasy baseball game (which was actually a free entry with a $100 prize pool). The first-place winner of the said contest won $50 and DraftKings was on its way.
The team continued to develop the product and added/updated formats, features, contests, and most importantly, found daily fantasy sports players. One of the key factors in DraftKings’ early success was aggressively pursuing online affiliates.
Taking their business to the next level, DraftKings acquired daily fantasy sports competitor StarStreet, in mid-2014 for an undisclosed amount. In late 2014 and early 2015, they would go on to make deals with MLB, NHL, and ESPN. This one year would completely alter the fantasy sports industry forever.
More specifically, DraftKings became the official daily fantasy game of the NHL. In addition, DraftKings became the official daily fantasy game of the MLB. Lastly, short-lived as it was, DraftKings & ESPN made an advertising deal for $250 million over 3 years.
Additionally, as DraftKings continued to expand, they made a few early, important, and notable moves. These include but are certainly not limited to funding from FOX Sports, Kraft Group, and Wellington Management.
In terms of early partnerships, DraftKings forged relations with the NFL, Bleacher Report, Nascar, and UFC.
In August of 2015, Jeffrey Haas was brought on board as the Chief International Officer to help expand the brand around the world.
From February to September of 2018, iGaming executive Sean Hurley was brought on to spearhead the first DraftKings sportsbook platform. Sean and the team were successful in this endeavor. DraftKings legally rolled out its sportsbook to indeed accept sports betting or wagers in New Jersey.
With a mountain of success under their belts, the founding DraftKing’s team was considering a merger with industry rival, FanDuel. This is of course until the FTC stepped in and the FanDuel Group and DraftKings merger was called off.
This was to avoid monopolizing the market space as the two pillars control roughly 90% of the entire industry.
DraftKings Inc. is headquartered in Boston, Massachusetts, with additional offices in California, Florida, Nevada, New Jersey, and New York. Their new HQ is a 105,000 square foot space, which is the largest single-floor office layout in all of Boston. They employ over 700 people.
DraftKings Review of Contest Types
Offering more content types than any other daily fantasy sports platform in the world, DraftKings is the place to place for more options and variety. They feature all the standard contests we have all come to know and love such as 50/50s, Head to Heads, and of course massive Guaranteed-Prize-Pool Tournaments, along with a number of others.
In addition to the standard variety of contests, DraftKings offers Beginner Type, Casual Type, Double-Ups, Multipliers, Satellites, and Qualifiers. There are also a ton of ways to sort or filter contests, including but not limited to Entry Fee, Prize Pool, and Total Entries or Field Size. Lastly, you can sort game style by Classic, Showdown, or Tiers (among others – depending upon sports season).
Nobody in the industry offers a wider variety of contest types than DraftKings. Not only do they currently offer a wider selection of contest types, but they are currently pushing the bar higher, releasing new ways to play every season.
The latest contest type to hit the DraftKings lobby is the In-Game-Showdown. We first saw these contests in November of 2019, and then even more of them in December 2019, and fast forward to the 2020 NFL season and the Showdown is now one of DraftKings’ most popular formats!
This contest allows you to draft a new Showdown lineup at halftime of an NFL game. With this new format, you are never out of the game, even if it has already started!
Draftkings Sportsbook Rules Game
DraftKings Review of Entry Limits
We talk more about entry limits than any website on the planet. If you’re reading this review, you’re more than likely fairly new to daily fantasy sports. Welcome, we’re happy to have you on-board. If you don’t leave learning anything else, please understand the importance of entry limits.
When we refer to entry limits, we’re talking about the total number of lineups that any one participant can enter into a single contest. The importance of being aware of entry limits as it relates to DraftKings cannot be overstated.
Typically, new players are attracted to contests featuring large prize pools, which is totally fine. However, in most contests featuring enormous prize pools, there will also be seriously large entry limits.
If you are reading this DraftKings review then it is important you understand what contests you should be entering during your first month on their platform. As a new player, you need to focus on what we call cash games.
For example, you could be entering a contest where your competitors are entering as many as 150 different lineups, compared to your 1. Given player pools are typically limited to 11 games, of which only a handful have significant fantasy impact, this means that when you build a good lineup there is likely a pro out there building a dozen variations of the same exact lineup.
DraftKing’s entry limits are easily identifiable. Simply click on the contest title or the ‘M’ on the contest description and find the limit on the top right-hand side of the pop-up. Specifically, the number is located next to the ‘Multi-Entry’ title.
If you’re a newbie, seek out single entry contests as if your bankroll depends on it because it does. We would also recommend you check out the average results page at DraftKings to give yourself an idea of the odds to win.
DraftKings Review of Player Pricing / Team Budget
Unlike some daily fantasy sports platforms, DraftKing’s player pricing and team budgets or salary caps are pretty consistent from contest to contest and sport to sport.
For example, you’ll likely be creating lineups with a $50,000 budget regardless of the sport or the total number of ‘players’ making up your lineup.
Like all modern-day fantasy sports, player pricing is about as dialed in as it could possibly be. With that being said, there’s always a chance to find value at the beginning of any season.
While certainly not a season-long strategy, look for value in player pricing on opening day schedules.
Outside of that, search for value elsewhere. We actually go into great detail about finding value in our podcast.
DraftKings Review of Website and App
In terms of shear interface cleanliness and design, FanDuel has the upper hand. However, in terms of available platform features and options, DraftKings is second to none.
We expect DraftKings to continue making their platform more user-friendly over time. Especially as it relates to lower their churn rate (ie. newbies finding the platform confusing). One thing you can do as a new player is to review DraftKings’ commitment to fair play. If you are aware of the uphill battle new players face, you will be less likely to fall into the same mistakes most newbies make.
If you’re a daily fantasy sports fan, however, there is literally no better place to play on the planet. Also noteworthy, the native DraftKings app is extremely playable. For daily fantasy sports news and data fanatics, the DK Live app is a must-have.
Lastly, as sports betting continues to roll-out across the country, the DraftKings Sportsbook app will be nothing short of addictive.
Pros and Cons for the DraftKings DFS Product
Each item on this complete list of pros and cons for the DraftKings DFS website and app has been updated for the 2020 NFL season. These are the best features and biggest problems with the current DraftKings Daily Fantasy Sports product.
Pros | Cons |
---|---|
Constant influx of new players makes winning easier. | Highest rake in industry. |
Flawless UI/UX for both website and app. | Highest entry-limits in industry. |
Reliable US-based customer support. | Full PPR scoring format is extremely flawed. |
Constantly adding innovative new products. | |
Largest GPP contests in the industry. | |
Best new player promotions in the industry. | |
Better player rewards than any other DFS product. |
Even for us, despite working in this industry for nearly a decade, it can take writing out the pros and cons of a product to truly understand how special it is. DraftKings has driven innovation in the DFS industry for the past 8+ years, deservingly making it the titan of the industry that it is today.
DraftKings DFS Review Summary
In closing, DraftKings is one of two absolutely dominant daily fantasy sports platforms. They didn’t earn that position by purchasing it. We do not give out favorable reviews for no reason, in fact, the majority of the platforms we review have a grade of 3.8 stars or lower.
DraftKings is a 5-star company because they constantly push the limits in this industry, is a leader in innovation and has taken daily fantasy sports to a completely new level in 2019.
Review | DraftKings Daily Fantasy Sports |
---|---|
Summary | When it comes to Daily Fantasy Sports, there is no more debate. DraftKings is King. They offer more contests, bigger contests, more promotions, bigger promotions, more sports, and a better overall player experience. The website and app work flawlessly on any device. Managing your account, rewards, deposit bonus, dealing with support… everything functions flawlessly with DraftKings. Clearly it is working as they have the largest player pool and most revenue of any DFS product in the industry. |
Author | Chris Lollis |
Rating | 4.9 (out of 5) |
Complete Draftkings Sportsbook Review for October 2020
In this DraftKings sportsbook review, we will break down everything you need to know about the current DraftKings SportsBook product. This includes where it is legal and licensed, a review of bet types available, website and app UX and functionality, and even a breakdown of juice charged to players. If you think your ready to place your bets, be sure to use our DraftKings Promo Code for the max deposit bonus when setting up your new account.
We are incredibly excited and encouraged by what we’re seeing in the American sports betting market.
We’re not going to go into detail regarding the DraftKings company, its founders, or their history in this review. If you’d like to learn about that specific information, we encourage you to read our DraftKings Review.
We’ll assume that you’re completely up to speed about the history of sports betting, specifically online, relative to the United States.
Now that we’re all at the proverbial edge of our seats as it relates to rolling out legal sports betting in the U.S, let’s consider where DraftKings is at, what they’ve done to get here and what the company’s future looks like.
DraftKings has perhaps done more as a relatively small private business than anybody or any group in the arena of daily fantasy and sports betting.
Not only have they legitimized daily fantasy sports and opened up a path to market, but they’ve also helped bring the overarching question of legally betting on sports in the U.S to individual states.
While we don’t want to get politically wonky, the primary reason for U.S sports betting is in the national headlines is the Supreme Court’s decision in Murphy v. National Collegiate Athletic Association, made on May 14th, 2018.
In an extremely unique bipartisan ‘situation’, New Jersey became the first state in which DraftKings was able to offer sports betting online.
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All political leanings aside, New Jersey Governor Phil Murphy (Democrat) brought the state’s sports betting case to the Supreme Court of the United States (SCOTUS). The court essentially struck a conservative-leaning decision in striking down the federal Professional and Amateur Sports Protection Act (PASPA).
We use the word conservative because the reasoning behind striking down PASPA predominantly stemmed from the 10th Amendment of the Constitution of the United States and individual state sovereignty.
For those interested, the 10th Amendment states, ‘The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.’
In layman’s terms, before this ruling in mid-May 2018, even if an individual state wanted to take measures to legalize and regulate sports betting within its borders, it wasn’t able to due to a ‘Federal Act’ established in 1992.
What happened in New Jersey creates the pathway for every other state in the country to make their own decisions relative to sports betting. The SCOTUS ruling in no way, shape, or form created some sort of new free market or a blank canvas for sports betting operations.
In fact, the SCOTUS decision simple brought the matter of sports betting to the states themselves. Unfortunately, even at the state level, there are countless laws, rules, and regulations to deal with. In other words, sports betting in the U.S is making incredible strides towards legalization, but there are many headwinds that will challenge its rollout.
Nevertheless, DraftKings is up for the task. After all, the FTC ensured that DraftKings couldn’t merge with FanDuel. They officially have little else to do, except for continuing to dominate daily fantasy and push for the unleashing of sports betting in U.S markets. Both of which they’ve played a vital role in completely re-inventing.
The DraftKings is run by it’s a fearless and innovative leader, Jason Robins. Who’s been indeed responsible for building the now billion-dollar company from the ground up.
A Duke University economics and computer science grad, Robins has been closely tied to the passing of 19 legislative bills relative to daily fantasy and sports betting.
DraftKings and FanDuel account for roughly 90% of the daily fantasy sports space in the United States. In our opinion, DK will have similar market dominance in the sports betting space. Even if they eventually get purchased, the DraftKings name and likely operations will remain exactly the same. Their legal department and lobbying weight, however, will likely increase.
DraftKings Sportsbook Review of Betting Types
Draftkings Sportsbook Rules
All the typical betting options are available via DraftKings, including but not limited to game lines, prop bets, parlays, teasers, live betting and futures.
Draftkings Sportsbook House Rules
For the new sports betters among you, know that live betting is relatively new and exciting.
Where betters that came before you could only dream of live betting, you’ll be introduced to an absolutely huge variety of ways to bet on players and games you are interested in.
The wide variety of additional betting types vary by sport. For example, you’ll see options of betting on home runs, strikeouts, hits, and runs when it comes to MLB. When it comes to golf, for example, you can bet on finishing positions and players placing in the top 20 as well as leaders & scores after each round. You get the idea.
DraftKings Sportsbook Review of Rollover Policy
Thankfully, DraftKings doesn’t have a rollover policy. For those that don’t know, most offshore sportsbooks do have a rollover policy and it’s often an absolute bear to deal with. US sportsbooks however are going to be heavily regulated to ensure entirely fair practices.
With that being said, it’s incredibly important to read over DraftKing’s terms and conditions to ensure you are not hit with any surprises regarding your account.
Being that you probably won’t read the entire legal document, we strongly advise that you at least have a look at the payment and withdrawal sections, as well as all information related to the rules of the sport you’ll be betting on.
When it comes specifically to promotions and bonuses, DraftKings clearly lays out the guidelines and or terms for each. For example, they offer all different kinds of promotions throughout the year and they tend to vary based on the sport and or event. Importantly, these promotions are used to entice you to bet, they’re not just handing out free money or free anything. Before accepting any special offers, be sure to read the full details to understand exactly what you’re signing up for.
DraftKings Sportsbook Review of House Rules
In order to find DraftKing’s ‘House Rules,’ you’ll need to navigate to the help tab. From there, you’ll be able to view both General Betting Rules and Sport Rules. If you’re going to be betting on sports with DraftKings, it’s important that you understand the rules, at least as they relate to the sport your betting on.
For example, their football section has 19 rules. The first rule is as followed, ‘Unless otherwise stated, all bets on Football are determined on the basis of the result after the so-called extra (over) time.’ The rest of the rules deal with other typical variations that can impact betting on football on their platform, including often controversial situations.
DraftKings Sportsbook Review of Platform / App UI & UX
Just like DraftKings DFS, their Sportsbook platform is as good as they come. It’s developed and designed with ease of use or intuitiveness in mind.
DraftKings knows the tidal wave of users that will soon be on this platform and they’re going all out, holding nothing back in its creation.
Additionally, they have a phenomenal help section, full of videos and tutorials to answer the many questions that new sports betters will no doubt have. The DraftKings Sportsbook native app will undoubtedly be downloaded on millions of phones and used daily as sports betting is legalized throughout the U.S.
DraftKings Sportsbook Review of Sports Covered
All of the major sports are on the menu of course, including the NFL, NBA, MLB, NHL, Golf, NCAAF, and NCAAB. In addition, for those of you who like to bet on everything, MMA, Soccer, Boxing, Cycling, Motor Sports and even Rugby are also available.
DraftKings Sportsbook Review Summary for 2020
The bottom line is that the DraftKings Sportsbook is already an extremely polished product. With more betting options, better live betting, and some of the top new player promotions in the industry, DraftKings should remain one of, if not the top book in the US.
All that’s left is for users from each state to be allowed to use it, legally.
Review | Current DraftKings SportsBook Review |
---|---|
Summary | The DraftKings sportsbook has a lot to offer new players. From an intuitive, player-friendly layout to the most impressive deposit bonus in the industry, we can see why they are amongst the fastest growing sportsbook in the US. There is plenty to love once you are an established customer as well. This includes more lines than anyone, better live betting, and more prop bet options. The only drawback here is they consistently rank last or next-to-last in the industry in terms of juice. Way too often, lines that you can find at -105 or -110 elsewhere are -110 or -115 on DraftKings. |
Author | Chris Lollis |
Rating | 4.7 (out of 5) |
Additional Platform Reviews
Why stop now? Check out our reviews for all of the major platforms in both DFS and sports betting. Below are four of our most popular reviews outside of this DraftKings review.
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