How Does Draftkings Sportsbook Work?

How Does DraftKings Sportsbook Work?

DraftKings is a Daily Fantasy Sports (DFS) platform that was first launched in 2012. It’s legally able to provide DFS to most US states, allowing users to take part in contests with friends and people across the country to win real cash prizes.

While DFS is what DraftKings is known for, the company recently launched its first online sportsbook in 2018. Since the Supreme Court overturned PASPA in 2018, US states have been free to regulate sports betting, and DraftKings was one of the first operators to start offering legal online sports betting.

The DraftKings sportsbook has since launched in multiple states across the country, bringing legal online and mobile betting to those over the age of 21. Offering a wide range of sports and betting markets, DraftKings has quickly become one of the most popular choices for US sports bettors. The site is generally very simple to use, and it even offers a mobile app and mobile site for users to place bets on the go. Before you get started, take a look at these tips to help you understand how DraftKings sportsbook works and how to get the most out of it.

Where is DraftKings Sportsbook Available?

DraftKings sportsbook is available to use in a growing number of US states. Since the first sportsbook site launched, DraftKings has expanded across the country and has even opened up retail sportsbooks, including in the state of Louisiana. Aside from DraftKings Louisiana, there are lots of other places where this sportsbook is available. If you’re looking to bet online using the DraftKings sportsbook, it’s now live and available in the following states:

  • New Jersey
  • West Virginia
  • Louisiana
  • Pennsylvania
  • Indiana
  • Iowa
  • New Hampshire
  • Illinois
  • Colorado
  • Michigan
  • Virginia
  • Connecticut
  • Wyoming
  • Arizona
  • Tennessee

How to Sign up to DraftKings Sportsbook

Getting started with DraftKings is simple. You’ll need to create an account, which means supplying your personal information and verifying that you’re at least the minimum age to legally gamble in your state. Just follow these steps to create your account and start betting:

  1. Visit the DraftKings sportsbook site and choose your state. You’ll only be able to bet when you’re within the borders of one of the states where DraftKings is licensed.
  2. Use the Sign Up option to join, create a username and password, and enter your email address to create your account.
  3. Fill out the rest of your details, including your full name, date of birth, and address. You’ll have to verify these later, so make sure they’re correct.
  4. Verify your ID and make your first deposit to claim your welcome bonus and start placing bets.

Tips for Using DraftKings Sportsbook

Betting at DraftKings is relatively straightforward, but some aspects might be confusing if you’re new to betting. Here are a few tips on how the DraftKings sportsbook works.

Odds Determine Your Payout

When you bet on a particular outcome of a game, you’ll be able to see the odds before you place your bet. These are a reflection of how likely the outcome of the bet is and will affect your payout if your bet wins. Sportsbooks base odds off probabilities as well as other complex mathematics and data.

Read the Terms and Conditions of the Bonus Before Claiming

DraftKings offers bonuses to its players to help them have more fun. These include welcome bonuses for new players as well as loyalty bonuses. Always read the terms and conditions before you claim any of these offers.

You Can Bet on Live Events as Well as Upcoming Games

DraftKings, like most major sportsbooks, allows you to bet on live matches as well as upcoming games. The odds for live matches will change as the game is in progress, so this is a great way of getting better odds and increasing your potential payout.

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