DraftKings Sportsbook enjoyed a monopoly on the market for more than three weeks, pushing its mission to streamline mobile sports betting. With more than 10 million players in the US alone, this is a sportsbook in New Jersey that has quickly garnered a large following.
DraftKings has a group of outstanding offers, particularly for first-time clients. Let’s take a look at what the site has to offer its players.
DraftKings Welcome Bonus – Get a $500 Risk-Free Bet When You Create an Account
DraftKings Sportsbook offers a welcome bonus worth up to $1,000. This is a large welcome package that exceeds those of many of its competitors. They also offer ongoing promotions throughout the sporting calendar.
$500 Risk-Free Bet
The main welcome bonus for new players is a risk-free bet worth $500. This is essentially free money and all you have to do is place a bet worth $500 on the sport of your choice. If it wins, you get to keep the money. If it loses, you’ll receive $500 credited to your account within 72 hours.
This $500 refund can’t be withdrawn, but any winnings gained from your risk-free bet will be immediately available for withdrawal from the platform.
You don’t need to enter any promo code in order to become eligible for this welcome bonus.
$500 Deposit Bonus
The other half of this welcome package is a potential $500 in deposit bonuses. Although this may seem like a great bonus, it’s actually matched at just 20%. So, you would need to deposit $2,500 in order to claim the full $500 bonus.
Furthermore, these bonus funds have a huge 25x wagering requirement. You need to get extremely lucky, in other words, in order to turn these bonus funds into real cash.
That’s a major problem and it makes this part of the bonus essentially worthless for most players, as there’s little chance of meeting the wagering requirements without losing the money.
DraftKings Sportsbook Offers – Refer a Friend and Make $100 Free
DraftKings is somewhat lacking when it comes to the number of ongoing promotions it has available to existing players. There are event-specific bonuses, but the majority of offers are aimed at casino players, which is unfortunate.
Promotions Currently Available at DraftKings Sportsbook
DraftKings Sportsbook doesn’t have the same range of promotions as its competitors. For a brand so well-versed in sports, it comes as quite an unpleasant surprise.
Make sure you keep looking at the DraftKings Sportsbook promotions page to find out if and when they release new promotions for existing players.
Refer a Friend and Make $100
If you like playing with DraftKings and you think your friends would too, use your special referral link and get them to sign up for an account.
Get them to deposit $100 and you’ll both get a $100 free bet. The free bet isn’t withdrawable, but any winnings are.
For both of you, this is a bonus package worth $200.
DraftKings Sportsbook VIP Program
If you want to play with DraftKings Sportsbook in NJ on a regular basis, you can earn rewards. These are known as ‘Missions’ and you can receive odds boosts, free bets, and more.
The only downside is the rewards are decided upon by DraftKing’s employees. It’s not that clear exactly what you need to do to earn a specific reward. This lack of clarity can be frustrating for players. However, the general rule is the more you bet the more rewards you earn.
The DFS Crowns program offered by DraftKings doesn’t apply to their online sportsbook.
The DraftKings Sportsbook betting selection is forever evolving. It doesn’t offer as much as a truly international sportsbook, but it also doesn’t just focus on domestic markets. This is an area where DraftKings is rapidly improving in.
NBA Sports Betting
The NBA is one of DraftKings’ premium markets. You’ll find a range of pre-game wagers, in-play betting, and futures markets on all the big games.
You’ll also find hundreds of betting markets on minor games, including on the lesser-known college teams and on international basketball leagues.
NFL Sports Betting
DraftKings made its name through fantasy sports leagues. For this reason, the NFL is the jewel in its crown. You’ll find hundreds of different betting options on every single game, with additional markets on primetime games.
They also cover over forms of football, such as Canadian football, the XFL, and college football. If you’re a big fan of football betting, you can’t go wrong with DraftKings Sportsbook.
Other Sports Betting Markets
Players will discover a range of international sports covered on this platform. As well as baseball, hockey, golf, tennis, and MMA, there are betting markets on cricket, darts, rugby, and a variety of different motorsports.
Furthermore, they’ll even offer betting lines on major entertainment events, such as the Oscars.
Live betting is an area where DraftKings Sportsbook in New Jersey truly excels. Its slick interface provides you with up-to-the-second odds. They have an innovative in-play betting system that removes all the clutter and makes it easy for you to make your selection.
The number of live betting markets depends entirely on the popularity of the game. The bigger events can have hundreds of in-play options.
Plus, they have a cash-out feature, enabling you to lock in your profits at the right time. Not only can you cash out on live wagers but also on pre-game wagers.
Withdraw & Deposit at DraftKings
It’s important to be aware of the different banking options available to you when you create an account with an online sportsbook. If you have a preferred banking method, you need to know that it’s available before you waste your time registering.
Banking with DraftKings Sportsbook
DraftKings Sportsbook in NJ has vastly improved on its selection of available banking options. All transactions are handled in USD and the minimum deposit is $5. The maximum deposit is just $2,500, but this maximum limit can be increased on request.
The fastest way to get your money into your account is to use either PayPal or your credit/debit card. As well as Visa and MasterCard, DraftKings even accepts Discover as a payment option.
They also accept e-checks and wire transfers, but these can take up to seven business days to process.
If you live near Atlantic City, you may also make a cash deposit at the cage in the Resorts Casino.
Withdrawal options are fewer, but they do offer paper checks as well. PayPal can be used for withdrawals, but you must have made a deposit with this option first.
There are a decent number of payment methods available with DraftKings. The majority of players will be perfectly happy with them.
The payment methods available include:
- Credit/Debit cards.
- Wire transfer.
- Cash at the Resorts Casino in Atlantic City.
The only real disappointment is they don’t offer 7-Eleven PayNearMe as a payment method, which is normally available at most sportsbooks.
DraftKings is a lesser-known name, so you may experience problems with using a credit card. It generally depends on the bank you use.
Types of Bets with DraftKings Sportsbook
DraftKings Sportsbook offers all the different types of bets you would expect to be available. They don’t offer anything unique, but 99% of players will find the types of bets they want with this online sportsbook.
Here are some of the most common types of bets you can expect to find with this sportsbook.
The basic bet is the ‘win bet’. A moneyline bet is a simple bet on the outcome of a match. If you think a team is going to win, you place your money directly on them. As long as they win, you’re going to get a payout.
The odds are reasonable on DraftKings on these types of bets, but you really have to shop around to find the best odds.
Point Spread Bet
Betting on or against the spread can make even the most boring game exciting. This is the type of bet that gives you a reason to watch every game.
Even if you want to place a bet on the weaker team, you can still win simply because they didn’t lose by the required amount.
For example, if you bet on the Oregon Ducks to beat Notre Dame and Notre Dame has a spread of -10, you can win if the Ducks lose by less than 10. It adds a whole new dimension to sports betting.
Proposition bets are some of the big high points of playing with this sportsbook. DraftKings provides players with hundreds of different prop bets.
These are the bets that have no bearing on the final outcome of the game. For example, you may bet on which player will score the first touchdown of the game. You might also bet on an NBA player scoring a triple-double.
Teasers are essentially the same as betting on or against the spread. The difference is you can change the point spread to give yourself an advantage.
Of course, the more you change the spread the less money you make. This is very much a type of bet for those experienced players who know their sport inside and out.
Site Features and User Experience
The site adopts a minimalist theme that borders on bland. There’s no complex language on the platform and everything is nicely spaced out.
You’ll find the site easy to navigate given the innovative features like DraftKing's betting carousel. With a customized suggestion palette in the app, created through specified preferences by the customer, historical data, and betting platforms, the process of finding events is now more efficient and intuitive.
Recommended bets are in windows towards the top of the page. This is ideal if you’re unsure about which wager you should make.
The online sportsbook offers account management features along with customization options for its users.
One of the best features on the website is the ‘cash out’ feature. This applies not only to in-play wagers but also to pre-game wagers. You’ll have the chance to lock in a profit and withdraw your money. This is a feature you don’t find with a lot of online sportsbooks in New Jersey.
Overall, this is a slick website that loads quickly and updates its prices with little lag. Players have a lot of positive things to say about how the website works and its strong performance.
Mobile Sportsbook App
If you want to play on the go, you’ll find it easy with DraftKings. The app is available for both Android and iOS devices, including iPads.
There’s little difference between the desktop site and the app. You can manage your account, access the cashier, and place your bets on the app.
The only real change is that many of the pages have been compartmentalized. Unlike other apps, this has been done in a way that isn’t oppressive.
In short, you’ll enjoy a great betting experience on the DraftKings app.
Customer Support at DraftKings NJ
Like much of the platform, customer support is an area where DraftKings has improved over the last year. The level of customer support is passable but not amazing. However, most players will find it doesn’t impact their playing experience.
How to Contact DraftKings Sportsbook
The newest way to contact DraftKings Sportsbook is to click on the ‘Chat With Us’ button on their contact page. This will take you to the live chat area. It doesn’t take more than a few minutes for an agent to get back to you. This is available 24/7.
You can also send them an email at [email protected] Sending an email to this address will usually enable you to receive a reply within 24 hours. It’s recommended you don’t use the contact form, as replies seem to take longer through this method.
It’s possible to talk to an agent over the phone, but you can’t call them directly. You’ll need to submit a call back request to them through their contact form.
This is awkward and it can sometimes take a few hours for them to get back to you.
Registration with DraftKings Sportsbook
Registering with DraftKings is as easy as clicking on the ‘Register’ button and entering some personal information. Make sure you have your social security number available to hand. Ensure there are no typos as this can cause problems with the identity verification process later.
After entering your personal details, DraftKings will send you an email with a verification link inside. You must click on this link to activate your account. Only then can you start making your first deposit and placing bets.
Be aware that when you attempt to make your first withdrawal, you’ll trigger the identity verification process. You’ll be asked to submit a picture of a piece of photo ID. This will typically take around 72 hours.
Every online sportsbook in New Jersey is obligated to support problem gamblers in beating their addictions. That’s why you’ll find a large section on responsible gambling on DraftKings, including a number you can call.
They also provide a number of smart tools to help you control your gambling habits. Putting betting limits on yourself via your account settings can stop you from going overboard.
You may also want to take advantage of their self-exclusion scheme. This is a temporary ban which, when enacted, prevents you from making any further deposits or bets. It’s impossible to lift a self-exclusion order early.
How to Delete an Account with DraftKings Sportsbook
DraftKings Sportsbook in New Jersey is obligated to process requests for account deletion when players make them. They won’t ask you why you want to delete your account and you’re not required to give them a reason.
Get in touch with their customer support team through any of the methods described above and tell them you want to immediately delete your account. You can expect this to be carried out within 24 hours.
Remember, this is a permanent solution and DraftKings won’t be able to retrieve your account at a later date. It’s recommended that players try out self-exclusion before they delete their accounts.
Security, Privacy, and Fair Play Guaranteed
DraftKings is an established name in online sport in the US. Like all New Jersey sportsbooks, they must comply with high standards for security.
You’ll find that they use a high level of encryption comparable to major financial institutions. This is the strongest level of encryption you can find, so player data is protected at all times.
DraftKings Sportsbook is committed to fair play. They receive regular audits to guarantee that they’re protecting players and the integrity of their platform.
You can read through their data protection and fair play policies on the website.
DraftKings Sportsbook: Our Conclusion
DraftKings Sportsbook is very much a work in progress. Over the last few months, they have improved in a lot of areas. Their platform is now among the best in New Jersey because of how slick it is and how easy it is for new players to jump right in.
There are areas where DraftKings still needs to improve, such as with its customer support team and its lack of ongoing promotions for existing players. However, DraftKings is a sportsbook that’s well worth playing with.
Frequently Asked Questions
How do I get the initial deposit bonus offered by DraftKings?
DraftKings has a range of bonuses (between 20%-100%, often up to $500) on every dollar you make for your initial deposit. They pay a ratio per dollar that you bet (usually at $1 per $25-60 that you bet, depending on the kind of bet you're making). See our section on Bonus offers above for more detailed information and a walk-through of how this works.