Draftkings Sportsbook Withdrawal Time

• Draftkings Sportsbook Sign Up
• Draftkings Sportsbook Withdrawal Times

FanDuel and DraftKings are most well known for their daily fantasy sports products. As natural rivals in DFS, FanDuel and DraftKings are squaring off again with their online sportsbooks. So, with a built-in customer base already busy wagering on sports, it comes as no surprise that these two companies jumped headfirst into the sportsbook game.

Competition is a customer's best friend, and we'll take a look at how these companies will vie for your disposable sports betting income by looking at their interface, bonuses, promotions, and much more.

Withdrawals: You can make a withdrawal from your DraftKings balance at any time as well. These requests for withdrawal of monies are processed between 9AM and 5PM, Monday through Friday. Withdrawals made after 5PM, or on weekends and legal holidays, will be processed the next business day. You need to also make sure you have a W-9 on file with. This outstanding all-round experience makes DraftKings our top overall sportsbook in 2020. Top Takeaways for 2021. After testing 20 online sportsbooks for our 2021 review, here are our top findings on DraftKings Sportsbook: DraftKings offers the widest variety of bets I've seen so far from a sportsbook. Processing Time: 2-3 weeks You can also request a paper check by mail at most U.S. It's not the fastest payout option as checks can take a few weeks to arrive and the minimum withdrawal amounts can be high ($250-$300). However, it's a good option if a sports bettor wants to avoid online banking. DraftKings Prepares to Launch Its Sportsbook & Casino App on Google Play DraftKings Could Have a 31% Upside, New Analyst Coverage Says DraftKings Poised to Shoot 30%-Plus Higher, Says Analyst. PayPal withdrawals are typically processed within 24 hours, but debit and credit card withdrawals may take longer. DraftKings sends you an email each time you make a withdrawal request. It's also worth mentioning that this sportsbook taxes any winnings above the amount you've deposited. Final Word On DraftKings.

Bonus Breakdown

Let's start with the fun stuff, the bonuses DraftKings and FanDuel entice you with to sign up. While DraftKings offers both a deposit bonus and a free bet bonus, FanDuel only provides the free bet upon initial signup.

DraftKings Deposit Bonus

DraftKings offers a deposit bonus of 20%, up to $500 total. So, if you deposit $2500 your bonus is $500. If you deposit $100 your bonus is $20.

Now for the important part, the playthrough amount. The bonus is not immediately available to you for withdrawal. For instance, if you deposit $2500, you don't immediately get your $500 bonus. You'll get a $50 bonus initially, but you must first hit your playthrough amount to access anything above the instant $50 bonus.

For DraftKings, the playthrough amount is 25x. It's also important to note that you must hit your playthrough amount by a certain date. After that date, your bonus is equal to the amount you've earned at that time.

DraftKings Free Bet

DK also offers a free bet up to $200 for first users. If you win your bet, you keep the winnings. If you lose, you will be refunded the total amount of the bet.

FanDuel Free Bet

FanDuel does not offer a deposit bonus but does give out a much larger free bet than DraftKings at $500. If your bet loses, you'll be refunded with site credit within 72 hours.

FanDuel Promotions

While FanDuel drops the ball with no deposit bonus, they greatly exceed DraftKings in other available promotions. Most of these promotions have to do with sportsbook losses that happen late in games:

• NFL Close Loss Insurance – Up to $50 back if your team loses by 6 or less.
• World Series Insurance – Up to $50 back if your team has a lead at the end of the 7^th inning and loses.
• NBA 3^rd Quarter Insurance – Up to $50 back if your bet loses in the 4^th
• NHL Goal Bonus – If you place a $25 moneyline bet in a featured game, you receive $5 back for every goal your team scores.
• Multi-Sport Parlay Insurance – Place a 5-leg parlay and if all legs hit except 1, get up to $25 back.
• More will get added in the future as well

DraftKings Odds Boost

Similar to FOXBet, Draft Kings does an Odds Boost which gives you improved odds to entice you to place a bet. Unless these Odds Boosts are on the actual moneyline for the game and not on random prop bets, they're more gimmicky than valuable.

Where Can You Play?

There are only a select few states that currently have online sportsbook access for DraftKings and FanDuel. More and more will become available in the coming months and years, so check back for updates. Here are the states where you can currently wager online at FanDuel and DraftKings.

FanDuel

DraftKings

Online Interface

This aspect ultimately is determined by personal preference, and FanDuel is the clear winner from this user's perspective.

DraftKings black background has never been my favorite when playing DFS, and they've continued to use this theme in their sportsbook. The color is more of a dark charcoal gray, and it seems to make navigation harder.

On FanDuel, the theme is split between a soft navy at the top and a clean white background for the spreads. This is much more pleasing to the eyes and easier to navigate.

FanDuel and DraftKings App Reviews

The mobile apps from DraftKings and FanDuel are extensions of their online products. But while FanDuel's app is a smooth transition that brings out the best qualities of the site, just as with the full version of the site, the DraftKings app left something to be desired.

My main qualm with DraftKings, other than the familiar dark gray background, is the amount of scrolling necessary to find the sport you want. This is something of minor concern, but if I quickly want to bet a game, I'd rather not have to scroll through tiles that all look the same and don't seem to be sorted in any way.

By contrast, FanDuel offers easy to navigate popular sports and has a quick 'All Sports' tab which brings up another easily navigated menu.

What DraftKings does well is provide a handy A-Z Sports search tab at the bottom, where you can quickly type in a less popular league to bet on, such as Europa League or La Liga. The results quickly are filtered and bring you to the place you want to go to.

DraftKings also separates itself from Betting Pools. This is somewhat of a crossover between their daily fantasy product and their sportsbook. There are a variety of different pools you can enter, but the way it works is there is a set entry fee, for example, $5. The pool will have you make picks, they could be picks against the spread or player props, etc. Then whoever makes the most correct picks will get paid out of the prize pool.

• Players with the most correct picks split 50% of the pool.
• Those with the second most correct picks split 30% of the prize pool.
• 15% of the prize pool goes to the group with the third-highest amount of correct picks.
• The fourth best pickers get to split the remaining 5% of the pool.

Some pools have a set guaranteed prize amount, while others increase the prize pool for how many people enter the event. Prize pools set DraftKings apart as a product not offered elsewhere and may be reason enough alone for you to create an account.

How Do you Make a Deposit?

Withdrawal Options

FanDuel

• Check
• PayPal
• ACH/E-Check
• Cash at Counter
• FanDuel Prepaid Card

At FanDuel you can request up to two withdrawals per day. You are allowed to sync up to three bank accounts to FanDuel and processing time for a bank transfer is 12 hours. Withdrawals should appear in your bank account in 3-5 business days. Processing time for a check is 5-7 days.

Processing time for PayPal is 24-48 hours. The fastest payout method is to get cash at the counter of a FanDuel sportsbook. Withdrawal requests should be made online, and you will receive an email when pickup is ready. Funds should be available within one hour. Larger withdrawals (amount not specified by FanDuel) may be subjected to an additional review by management with could take up to two business days.

DraftKings

• Check
• PayPal
• ACH
• Cash at Counter

DraftKings withdrawals can take twice as long as FanDuel if you're requesting a check at 14 business days. Bank transfer, however, is sometimes available within the same hour you request the withdrawal. Larger withdrawal amounts may take longer, with some users noting that they had no communication 11 days after submitting their request. PayPal withdrawal is available within 48 hours.

While DraftKings can sometimes take longer to process, their Twitter support handle @DK_Assist is usually happy to help you speed up your request.

Bottom Line on DraftKings vs. FanDuel Sportsbooks

If forced to play on one, FanDuel would receive my vote because I much prefer the user experience on their website and on the app. However, you always want as many options as possible, so creating accounts at both sportsbooks is a must for all serious sports bettors. Both products have valuable promotions, and both offer unique betting experiences.

At the end of the day, you always want to be shopping for the best lines. So, having accounts at both of these sportsbooks will be a crucial part of your sports betting experience moving forward. Enjoy the bonuses, make sure to read the terms when you sign up, and take advantage of having two extra outs everyday when shopping for line value. We will do our best to keep this DK vs. FD sportsbook review updated with features and locations available.

Top Takeaways for 2021

After testing 20 online sportsbooks for our 2021 review, here are our top findings on DraftKings Sportsbook:

• DraftKings offers the widest variety of bets I've seen so far from a sportsbook. DraftKings offers betting pools, daily fantasy sports, instant bets, and a Sports Betting National Championship contest in addition to all standard bet types.
• While DraftKings provides top-notch mobile betting and live betting, I was most impressed by the sportsbook's pre-game statistics and betting trends. DraftKings is in a class of its own in this category, giving users statistics, injuries, team standings, and betting insights to make informed bets. No other sportsbooks offer the same quality or quantity of useful pre-game information.
• Bonuses and promotions are abundant at DraftKings. While some of the rollover requirements for new users are higher than average, there are an above-average amount of seasonal promotions for bettors to take advantage of throughout the year.

States Supported: Colorado, Iowa, Indiana, Illinois, New Jersey, New Hampshire, Pennsylvania, and West Virginia.

Casino: Online casino is offered only in Michigan (2021), New Jersey, Pennsylvania, and West Virginia. DraftKings offers over 100 slots, roulette, blackjack, and virtual poker games; however, online poker is not available. Note: This review focuses on sports betting and not casino.

Overall Summary

Sports and Bets Offered

Plain and simple, DraftKings offers one of the best varieties of bet types. Besides offering over 100 total bets on most games, DraftKings offers pools contests and a full suite of daily fantasy sports contests. Pools contests are unique to DraftKings, while DraftKings and FanDuel are the only two sportsbooks to offer daily fantasy sports.

Pool contests: Pool contests are based on predicting winners for multiple events. There are two types of pool contests, free ones put on by DraftKings and private ones that users can host with friends. Some of the contests put on by DraftKings have prize pools up to $100,000. These contests are free to enter, and I've had a blast participating in them.

Pool contest example: A sample private contest would be picking the spread winners for each NFL game on a Sunday. Each of your friends would throw in a set amount of money (host chooses), and cash is paid out to the top three people. The ability to host a contest like this with your friends is something I've wanted to do for years, and I look forward to doing it once DraftKings is live in Michigan.

Other bet types: Like most of the industry, DraftKings offers the cash-out feature, as well as daily odds boosts. The cash-out feature allows you to close out your active bets before each game's outcome is decided. At the same time, odds boosts act like a retail store sale, offering more incentive to make each bet. For example, DraftKings might increase the odds of James Harden scoring 42 points in a game from +150 to +210.

Gallery

Odds

The following table compares DraftKings odds to other sports betting apps.

Methodology: To score Odds, BettingBuck.com gathers data from 21 sportsbooks over several months. For our 2020 Sportsbook Review, over 10,000 data points were collected for spread, moneyline, and over/under (bets).

I collected odds for spread, moneyline, and total bets for over 75 NFL games, 75 MLB games, 75 NBA games, 75 NHL games, 75 Soccer games (various leagues), and 75 NCAA Football and 75 NCAA Basketball games. When collecting odds, I made sure to collect the same games simultaneously for each sportsbook, ensuring data accuracy.

Live Betting

Live betting, or betting on games that have already started, is an area where DraftKings holds its own with the best of the best. Like other top sportsbooks, DraftKings offers prop bets, instant bets, a live match tracker, and live scores.

Prop bets: DraftKings offers a ton of in-play bets and prop bets. An example of a prop bet is, 'How many strikeouts will Justin Verlander throw?' An example of a live prop bet is, 'Will Manchester United or Liverpool score in the next five minutes?'

Instant bets: Examples of instant betting include betting on the next swing of a tennis match or the next drive of a football game. DraftKings goes toe-to-toe with the best live betting sportsbooks, offering instant bets on tennis points and 'next drive results' or 'next play run/pass' on NFL games.

Live match tracker: A live match tracker is an animated graphic that updates in real-time as you are watching a game. A match tracker has a live clock, displays the score by quarter, and even shows which team is attacking. For NFL games, the match tracker also lists the last play, the total plays and yards on the drive, and the down and distance. DraftKing's live match tracker for NFL games displays a virtual NFL field, an upgrade I enjoyed compared to most competitors.

Live Streaming: The only feature DraftKings does not offer is live streaming, which allows you to stream games live in the app. Live streaming, currently offered by a select few sportsbooks, such as BetRivers and FanDuel, is currently limited to tennis and soccer games.

Gallery

DraftKings Sportsbook App

There is a lot to like about the DraftKings Sportsbook mobile app, which I found to be one of the most complete online sports betting apps.

Likes: DraftKings makes it easy to place bets, view different games and leagues, and look up statistics. Furthermore, viewing all the bets offered on a particular game is seamless. Checking open and settled bets is also easy, whereas some other competitors make navigation complicated. DraftKings also includes a button to switch over to the Daily Fantasy Sports app quickly.

Dislikes: Educational content is displayed under account settings, making it difficult to find for beginners.

Statistics: If you value betting trends and quirky statistics, look no further than DraftKings. Powered by iSport Genius, DraftKings simultaneously provides the most pre-game statistics alongside the highest-quality pre-game statistics of any sportsbook I've tested. Betting insights, stats, trends, and more are colorfully displayed throughout the DraftKings app for most leagues and games.

Pregame stats: Game previews include a betting preview, betting trends, team standings, stats about each team, and injury information. The betting preview offers each team's performance over the last few games as well as fun facts such as, 'Each of the Rams' last six games have gone under the total points line.'

Pregame betting trends: Meanwhile, betting trends include information such as how the betting line (spread) has moved for each team. Stats include things such as how often each team covers the spread or how well each team plays when leading at half-time. There's a lot to like.

Gallery

Education

DraftKings is one of the top sportsbooks in terms of educational content provided for new bettors. Considering few sportsbooks go above and beyond with educational materials, the benefit to beginners cannot be understated.

Pros: Unlike competitors, DraftKings offers sports betting guides for the most popular sports. These guides are short and easily digestible, appealing to new bettors. DraftKings also does a good job explaining different bet types, using images of what these bet types look like in the sportsbook.

Cons: Unfortunately, I was disappointed to see that DraftKings removed educational videos featuring NBA-Legend Charles Barkley that provided a more in-depth description of different bet types.

Gallery

Bonuses & Promotions

DraftKings offers promotions for first-time bettors and a variety of ongoing promotions for existing customers. Meanwhile, for existing customers, numerous in-season promotions are available for major leagues and sporting events.

New customer bonuses: For new customers, DraftKings typically offers a 20% deposit bonus up to $1,000 or a risk-free bet up to $500. Both of these bonuses come with rollover requirements. If a bettor deposits $100 and receives a $50 bonus with a 5X rollover, it means they must wager $750 ($100 + $50)*5. Rollover requirements can vary from 1X – 25X, which is why I always read the terms and conditions before accepting a bonus.

Sports Betting National Championship: During January 11-13th of 2019, DraftKings hosted their first sports betting national championship. There was over $2.5M in guaranteed prizes, with over $1M awarded to the winner. Entries into the contest cost $10,000 or are earned by winning a daily fantasy sports qualifier.

Bettors received a $5,000 bankroll for the weekend, intending to have the biggest bankroll at the end of the weekend. The 25 bettors with the highest bankrolls at the end of the weekend took home prizes ranging from $15,000 to $1,000,000. While this contest was canceled due to COVID-19 game cancellations in 2020, DraftKings will likely bring the contest back for 2021.

While my fiancé would never let me enter a contest with this type of entry fee, it is a unique attraction that high-stakes gamblers will appreciate.

DraftKings Championship Series: Throughout 2020, DraftKings hosted season one of their first Championship Series, a collection of contests throughout the year aimed at crowning a 'King of Daily Fantasy Sports' and 'King of Sports Betting.'

Contests for both daily fantasy sports and sports betting range from entry fees of $20 - $1,000 or more but feature prizes over six figures. DraftKings dished out over $100M in its first season of Championship Series. Again, no other sportsbook features this many huge contests throughout the year.

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Final Thoughts

DraftKings is the complete package for both new and experienced sports bettors. The variety of sports and bets offered, the outstanding education and statistics, and the unique live betting experience makes DraftKings a winner in 2021.

Regardless of your betting style, DraftKings is a reliable, full-service sportsbook that sets the bar high for its competitors.

About DraftKings Sportsbook

DraftKings (NYSE: DKNG) has been around as a Daily Fantasy Sports company since 2012, adding sports betting to its repertoire in 2018 when the Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PAPSA).

DraftKings has a market capitalization of over $18.81 billion as of November 2020. Read more on Wikipedia. DraftKings Sportsbook is available online in 8 states, which is more than any other sportsbook.

What states is DraftKings sportsbook legal in?

DraftKings Sportsbook App is legal in Colorado, Iowa, Indiana, Illinois, New Jersey, New Hampshire, Pennsylvania, and West Virginia. DraftKings Daily Fantasy Sports is available in over 40 states.

What deposit methods does DraftKings Sportsbook offer?

Bettors can currently deposit via credit/debit card, PayPal, bank transfer, and play+ prepaid cards. Maximum deposits start at $2,000 and vary by account.

What withdrawal methods does DraftKings Sportsbook offer?

DraftKings currently processes withdrawals via check, PayPal, ACH (e-check), and cash at certain casinos.

• Draftkings Sportsbook Sign Up
• Draftkings Sportsbook Withdrawal Times

FanDuel and DraftKings are most well known for their daily fantasy sports products. As natural rivals in DFS, FanDuel and DraftKings are squaring off again with their online sportsbooks. So, with a built-in customer base already busy wagering on sports, it comes as no surprise that these two companies jumped headfirst into the sportsbook game.

Competition is a customer's best friend, and we'll take a look at how these companies will vie for your disposable sports betting income by looking at their interface, bonuses, promotions, and much more.

Withdrawals: You can make a withdrawal from your DraftKings balance at any time as well. These requests for withdrawal of monies are processed between 9AM and 5PM, Monday through Friday. Withdrawals made after 5PM, or on weekends and legal holidays, will be processed the next business day. You need to also make sure you have a W-9 on file with. This outstanding all-round experience makes DraftKings our top overall sportsbook in 2020. Top Takeaways for 2021. After testing 20 online sportsbooks for our 2021 review, here are our top findings on DraftKings Sportsbook: DraftKings offers the widest variety of bets I've seen so far from a sportsbook. Processing Time: 2-3 weeks You can also request a paper check by mail at most U.S. It's not the fastest payout option as checks can take a few weeks to arrive and the minimum withdrawal amounts can be high ($250-$300). However, it's a good option if a sports bettor wants to avoid online banking. DraftKings Prepares to Launch Its Sportsbook & Casino App on Google Play DraftKings Could Have a 31% Upside, New Analyst Coverage Says DraftKings Poised to Shoot 30%-Plus Higher, Says Analyst. PayPal withdrawals are typically processed within 24 hours, but debit and credit card withdrawals may take longer. DraftKings sends you an email each time you make a withdrawal request. It's also worth mentioning that this sportsbook taxes any winnings above the amount you've deposited. Final Word On DraftKings.

Bonus Breakdown

Let's start with the fun stuff, the bonuses DraftKings and FanDuel entice you with to sign up. While DraftKings offers both a deposit bonus and a free bet bonus, FanDuel only provides the free bet upon initial signup.

DraftKings Deposit Bonus

DraftKings offers a deposit bonus of 20%, up to $500 total. So, if you deposit $2500 your bonus is $500. If you deposit $100 your bonus is $20.

Now for the important part, the playthrough amount. The bonus is not immediately available to you for withdrawal. For instance, if you deposit $2500, you don't immediately get your $500 bonus. You'll get a $50 bonus initially, but you must first hit your playthrough amount to access anything above the instant $50 bonus.

For DraftKings, the playthrough amount is 25x. It's also important to note that you must hit your playthrough amount by a certain date. After that date, your bonus is equal to the amount you've earned at that time.

DraftKings Free Bet

DK also offers a free bet up to $200 for first users. If you win your bet, you keep the winnings. If you lose, you will be refunded the total amount of the bet.

FanDuel Free Bet

FanDuel does not offer a deposit bonus but does give out a much larger free bet than DraftKings at $500. If your bet loses, you'll be refunded with site credit within 72 hours.

FanDuel Promotions

While FanDuel drops the ball with no deposit bonus, they greatly exceed DraftKings in other available promotions. Most of these promotions have to do with sportsbook losses that happen late in games:

• NFL Close Loss Insurance – Up to $50 back if your team loses by 6 or less.
• World Series Insurance – Up to $50 back if your team has a lead at the end of the 7^th inning and loses.
• NBA 3^rd Quarter Insurance – Up to $50 back if your bet loses in the 4^th
• NHL Goal Bonus – If you place a $25 moneyline bet in a featured game, you receive $5 back for every goal your team scores.
• Multi-Sport Parlay Insurance – Place a 5-leg parlay and if all legs hit except 1, get up to $25 back.
• More will get added in the future as well

DraftKings Odds Boost

Similar to FOXBet, Draft Kings does an Odds Boost which gives you improved odds to entice you to place a bet. Unless these Odds Boosts are on the actual moneyline for the game and not on random prop bets, they're more gimmicky than valuable.

Where Can You Play?

There are only a select few states that currently have online sportsbook access for DraftKings and FanDuel. More and more will become available in the coming months and years, so check back for updates. Here are the states where you can currently wager online at FanDuel and DraftKings.

FanDuel

DraftKings

Online Interface

This aspect ultimately is determined by personal preference, and FanDuel is the clear winner from this user's perspective.

DraftKings black background has never been my favorite when playing DFS, and they've continued to use this theme in their sportsbook. The color is more of a dark charcoal gray, and it seems to make navigation harder.

On FanDuel, the theme is split between a soft navy at the top and a clean white background for the spreads. This is much more pleasing to the eyes and easier to navigate.

FanDuel and DraftKings App Reviews

The mobile apps from DraftKings and FanDuel are extensions of their online products. But while FanDuel's app is a smooth transition that brings out the best qualities of the site, just as with the full version of the site, the DraftKings app left something to be desired.

My main qualm with DraftKings, other than the familiar dark gray background, is the amount of scrolling necessary to find the sport you want. This is something of minor concern, but if I quickly want to bet a game, I'd rather not have to scroll through tiles that all look the same and don't seem to be sorted in any way.

By contrast, FanDuel offers easy to navigate popular sports and has a quick 'All Sports' tab which brings up another easily navigated menu.

What DraftKings does well is provide a handy A-Z Sports search tab at the bottom, where you can quickly type in a less popular league to bet on, such as Europa League or La Liga. The results quickly are filtered and bring you to the place you want to go to.

DraftKings also separates itself from Betting Pools. This is somewhat of a crossover between their daily fantasy product and their sportsbook. There are a variety of different pools you can enter, but the way it works is there is a set entry fee, for example, $5. The pool will have you make picks, they could be picks against the spread or player props, etc. Then whoever makes the most correct picks will get paid out of the prize pool.

• Players with the most correct picks split 50% of the pool.
• Those with the second most correct picks split 30% of the prize pool.
• 15% of the prize pool goes to the group with the third-highest amount of correct picks.
• The fourth best pickers get to split the remaining 5% of the pool.

Some pools have a set guaranteed prize amount, while others increase the prize pool for how many people enter the event. Prize pools set DraftKings apart as a product not offered elsewhere and may be reason enough alone for you to create an account.

How Do you Make a Deposit?

Withdrawal Options

FanDuel

• Check
• PayPal
• ACH/E-Check
• Cash at Counter
• FanDuel Prepaid Card

At FanDuel you can request up to two withdrawals per day. You are allowed to sync up to three bank accounts to FanDuel and processing time for a bank transfer is 12 hours. Withdrawals should appear in your bank account in 3-5 business days. Processing time for a check is 5-7 days.

Processing time for PayPal is 24-48 hours. The fastest payout method is to get cash at the counter of a FanDuel sportsbook. Withdrawal requests should be made online, and you will receive an email when pickup is ready. Funds should be available within one hour. Larger withdrawals (amount not specified by FanDuel) may be subjected to an additional review by management with could take up to two business days.

DraftKings

• Check
• PayPal
• ACH
• Cash at Counter

DraftKings withdrawals can take twice as long as FanDuel if you're requesting a check at 14 business days. Bank transfer, however, is sometimes available within the same hour you request the withdrawal. Larger withdrawal amounts may take longer, with some users noting that they had no communication 11 days after submitting their request. PayPal withdrawal is available within 48 hours.

While DraftKings can sometimes take longer to process, their Twitter support handle @DK_Assist is usually happy to help you speed up your request.

Bottom Line on DraftKings vs. FanDuel Sportsbooks

If forced to play on one, FanDuel would receive my vote because I much prefer the user experience on their website and on the app. However, you always want as many options as possible, so creating accounts at both sportsbooks is a must for all serious sports bettors. Both products have valuable promotions, and both offer unique betting experiences.

At the end of the day, you always want to be shopping for the best lines. So, having accounts at both of these sportsbooks will be a crucial part of your sports betting experience moving forward. Enjoy the bonuses, make sure to read the terms when you sign up, and take advantage of having two extra outs everyday when shopping for line value. We will do our best to keep this DK vs. FD sportsbook review updated with features and locations available.

Top Takeaways for 2021

After testing 20 online sportsbooks for our 2021 review, here are our top findings on DraftKings Sportsbook:

• DraftKings offers the widest variety of bets I've seen so far from a sportsbook. DraftKings offers betting pools, daily fantasy sports, instant bets, and a Sports Betting National Championship contest in addition to all standard bet types.
• While DraftKings provides top-notch mobile betting and live betting, I was most impressed by the sportsbook's pre-game statistics and betting trends. DraftKings is in a class of its own in this category, giving users statistics, injuries, team standings, and betting insights to make informed bets. No other sportsbooks offer the same quality or quantity of useful pre-game information.
• Bonuses and promotions are abundant at DraftKings. While some of the rollover requirements for new users are higher than average, there are an above-average amount of seasonal promotions for bettors to take advantage of throughout the year.

States Supported: Colorado, Iowa, Indiana, Illinois, New Jersey, New Hampshire, Pennsylvania, and West Virginia.

Casino: Online casino is offered only in Michigan (2021), New Jersey, Pennsylvania, and West Virginia. DraftKings offers over 100 slots, roulette, blackjack, and virtual poker games; however, online poker is not available. Note: This review focuses on sports betting and not casino.

Overall Summary

Sports and Bets Offered

Plain and simple, DraftKings offers one of the best varieties of bet types. Besides offering over 100 total bets on most games, DraftKings offers pools contests and a full suite of daily fantasy sports contests. Pools contests are unique to DraftKings, while DraftKings and FanDuel are the only two sportsbooks to offer daily fantasy sports.

Pool contests: Pool contests are based on predicting winners for multiple events. There are two types of pool contests, free ones put on by DraftKings and private ones that users can host with friends. Some of the contests put on by DraftKings have prize pools up to $100,000. These contests are free to enter, and I've had a blast participating in them.

Pool contest example: A sample private contest would be picking the spread winners for each NFL game on a Sunday. Each of your friends would throw in a set amount of money (host chooses), and cash is paid out to the top three people. The ability to host a contest like this with your friends is something I've wanted to do for years, and I look forward to doing it once DraftKings is live in Michigan.

Other bet types: Like most of the industry, DraftKings offers the cash-out feature, as well as daily odds boosts. The cash-out feature allows you to close out your active bets before each game's outcome is decided. At the same time, odds boosts act like a retail store sale, offering more incentive to make each bet. For example, DraftKings might increase the odds of James Harden scoring 42 points in a game from +150 to +210.

Gallery

Odds

The following table compares DraftKings odds to other sports betting apps.

Methodology: To score Odds, BettingBuck.com gathers data from 21 sportsbooks over several months. For our 2020 Sportsbook Review, over 10,000 data points were collected for spread, moneyline, and over/under (bets).

I collected odds for spread, moneyline, and total bets for over 75 NFL games, 75 MLB games, 75 NBA games, 75 NHL games, 75 Soccer games (various leagues), and 75 NCAA Football and 75 NCAA Basketball games. When collecting odds, I made sure to collect the same games simultaneously for each sportsbook, ensuring data accuracy.

Live Betting

Live betting, or betting on games that have already started, is an area where DraftKings holds its own with the best of the best. Like other top sportsbooks, DraftKings offers prop bets, instant bets, a live match tracker, and live scores.

Prop bets: DraftKings offers a ton of in-play bets and prop bets. An example of a prop bet is, 'How many strikeouts will Justin Verlander throw?' An example of a live prop bet is, 'Will Manchester United or Liverpool score in the next five minutes?'

Instant bets: Examples of instant betting include betting on the next swing of a tennis match or the next drive of a football game. DraftKings goes toe-to-toe with the best live betting sportsbooks, offering instant bets on tennis points and 'next drive results' or 'next play run/pass' on NFL games.

Live match tracker: A live match tracker is an animated graphic that updates in real-time as you are watching a game. A match tracker has a live clock, displays the score by quarter, and even shows which team is attacking. For NFL games, the match tracker also lists the last play, the total plays and yards on the drive, and the down and distance. DraftKing's live match tracker for NFL games displays a virtual NFL field, an upgrade I enjoyed compared to most competitors.

Live Streaming: The only feature DraftKings does not offer is live streaming, which allows you to stream games live in the app. Live streaming, currently offered by a select few sportsbooks, such as BetRivers and FanDuel, is currently limited to tennis and soccer games.

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DraftKings Sportsbook App

There is a lot to like about the DraftKings Sportsbook mobile app, which I found to be one of the most complete online sports betting apps.

Likes: DraftKings makes it easy to place bets, view different games and leagues, and look up statistics. Furthermore, viewing all the bets offered on a particular game is seamless. Checking open and settled bets is also easy, whereas some other competitors make navigation complicated. DraftKings also includes a button to switch over to the Daily Fantasy Sports app quickly.

Dislikes: Educational content is displayed under account settings, making it difficult to find for beginners.

Statistics: If you value betting trends and quirky statistics, look no further than DraftKings. Powered by iSport Genius, DraftKings simultaneously provides the most pre-game statistics alongside the highest-quality pre-game statistics of any sportsbook I've tested. Betting insights, stats, trends, and more are colorfully displayed throughout the DraftKings app for most leagues and games.

Pregame stats: Game previews include a betting preview, betting trends, team standings, stats about each team, and injury information. The betting preview offers each team's performance over the last few games as well as fun facts such as, 'Each of the Rams' last six games have gone under the total points line.'

Pregame betting trends: Meanwhile, betting trends include information such as how the betting line (spread) has moved for each team. Stats include things such as how often each team covers the spread or how well each team plays when leading at half-time. There's a lot to like.

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Education

DraftKings is one of the top sportsbooks in terms of educational content provided for new bettors. Considering few sportsbooks go above and beyond with educational materials, the benefit to beginners cannot be understated.

Pros: Unlike competitors, DraftKings offers sports betting guides for the most popular sports. These guides are short and easily digestible, appealing to new bettors. DraftKings also does a good job explaining different bet types, using images of what these bet types look like in the sportsbook.

Cons: Unfortunately, I was disappointed to see that DraftKings removed educational videos featuring NBA-Legend Charles Barkley that provided a more in-depth description of different bet types.

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Bonuses & Promotions

DraftKings offers promotions for first-time bettors and a variety of ongoing promotions for existing customers. Meanwhile, for existing customers, numerous in-season promotions are available for major leagues and sporting events.

New customer bonuses: For new customers, DraftKings typically offers a 20% deposit bonus up to $1,000 or a risk-free bet up to $500. Both of these bonuses come with rollover requirements. If a bettor deposits $100 and receives a $50 bonus with a 5X rollover, it means they must wager $750 ($100 + $50)*5. Rollover requirements can vary from 1X – 25X, which is why I always read the terms and conditions before accepting a bonus.

Sports Betting National Championship: During January 11-13th of 2019, DraftKings hosted their first sports betting national championship. There was over $2.5M in guaranteed prizes, with over $1M awarded to the winner. Entries into the contest cost $10,000 or are earned by winning a daily fantasy sports qualifier.

Bettors received a $5,000 bankroll for the weekend, intending to have the biggest bankroll at the end of the weekend. The 25 bettors with the highest bankrolls at the end of the weekend took home prizes ranging from $15,000 to $1,000,000. While this contest was canceled due to COVID-19 game cancellations in 2020, DraftKings will likely bring the contest back for 2021.

While my fiancé would never let me enter a contest with this type of entry fee, it is a unique attraction that high-stakes gamblers will appreciate.

DraftKings Championship Series: Throughout 2020, DraftKings hosted season one of their first Championship Series, a collection of contests throughout the year aimed at crowning a 'King of Daily Fantasy Sports' and 'King of Sports Betting.'

Contests for both daily fantasy sports and sports betting range from entry fees of $20 - $1,000 or more but feature prizes over six figures. DraftKings dished out over $100M in its first season of Championship Series. Again, no other sportsbook features this many huge contests throughout the year.

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Final Thoughts

DraftKings is the complete package for both new and experienced sports bettors. The variety of sports and bets offered, the outstanding education and statistics, and the unique live betting experience makes DraftKings a winner in 2021.

Regardless of your betting style, DraftKings is a reliable, full-service sportsbook that sets the bar high for its competitors.

About DraftKings Sportsbook

DraftKings (NYSE: DKNG) has been around as a Daily Fantasy Sports company since 2012, adding sports betting to its repertoire in 2018 when the Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PAPSA).

DraftKings has a market capitalization of over $18.81 billion as of November 2020. Read more on Wikipedia. DraftKings Sportsbook is available online in 8 states, which is more than any other sportsbook.

What states is DraftKings sportsbook legal in?

DraftKings Sportsbook App is legal in Colorado, Iowa, Indiana, Illinois, New Jersey, New Hampshire, Pennsylvania, and West Virginia. DraftKings Daily Fantasy Sports is available in over 40 states.

What deposit methods does DraftKings Sportsbook offer?

Bettors can currently deposit via credit/debit card, PayPal, bank transfer, and play+ prepaid cards. Maximum deposits start at $2,000 and vary by account.

What withdrawal methods does DraftKings Sportsbook offer?

DraftKings currently processes withdrawals via check, PayPal, ACH (e-check), and cash at certain casinos.

What is the minimum deposit at DraftKings Sportsbook?

The minimum amount required to open an account at DraftKings Sportsbook is $10.

What kind of customer support does DraftKings offer?

DraftKings offers live chat and email support for general support inquiries. DraftKings does not currently have dedicated phone lines for sportsbook phone support. Instead, they have a callback form, where an employee will call you after you fill out your contact information.

What sports can you bet on at DraftKings

DraftKings Sportsbook currently offers bettors 15 sports, ranging from football to darts to motorsports. DraftKings offers a variety of international and domestic leagues, especially for soccer.

Methodology

For the BettingBuck.com annual best online sportsbooks review published in 2020, a total of 2,300 data points were collected over six months and used to score sportsbooks. Additionally, odds data was collected for each sportsbook on over 1,400 bets to give each sportsbook a comparative odds ranking.

Sports betting sites were scored across seven core categories to computer an overall rating: total number of sports and bets offered, odds, live betting features, mobile apps, educational resources, ease of use, and current bonuses.

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About the author: Joey Shadeck Joey Shadeck is the lead writer for BettingBuck.com and content strategist for Michigan-based Reink Media Group. He has closely tracked sports betting in the United States for the last two years, compiling hundreds of data points across dozens of sportsbooks. He has 5 years of online betting experience with hundreds of bets placed during that time.