Welcome Bonus:
Bet $5, Get $150

Draftkings Sportsbook
Facts Checked
Published Date · Nov. 4, 2021 · Last Updated · June 10, 2024
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DraftKings Sportsbook Review

DraftKings has been an established daily fantasy sports company since 2012 however, since sports betting became a prominent feature of its brand in 2018, the company has skyrocketed in growth to become one of the top sportsbooks in the US. Currently there is a strong selection of 22 sports betting markets for you to wager on.

Sportsbook Details



Sports Available


Payout Speed

1-3 Business Days

Biggest Win


Withdrawal Limit



iOS, MacOS, Windows, Android

Our Expert Review



Cash Out Policy


User Experience


Sport Selection


Mobile Gameplay


Customer Service



Generous Welcome Bonus

22 Sports Betting Markets

$1 Minimum Withdrawal


Mobile Is App Only

Bonus Distributed Across Eight Bets

DraftKings Sportsbook Welcome Bonus

Bet $5, Get $150

DraftKings Sportsbook Bonus

Welcome Bonus

Free Bet


Min Deposit




To receive this incredible bonus of bet $5 get $150, there are a few steps you need to complete first.

Claiming Your Welcome Bonus

  • First of all you will need to create your DraftKings Sportsbook account, then you will need to deposit and wager $5, or more, on any sport
  • You will be credited your bonus bet instantly and if you lose your bonus bet, you will receive your bonus bet back
  • Bonus bets will expire in seven days

Wagering Requirements

You will receive the $150 in bets across six $25 bet credits. Once your bet settles you will receive any cash winnings from your original wager. Bonus bets must be wagered 1x.

Our Thoughts on this Welcome Bonus
This is easily one of the best sportsbook welcome offers out there right now, with an incredible bonus bet of $150 when you deposit just $5. To make this offer even better it comes with wagering requirements as low as 1x!

DraftKings Sportsbook Registration Process

Being one of the best sportsbooks in the US, DraftKings has a super simple registration process. Follow the steps below.

DraftKings Sportsbook Homepage
Open up the homepage and click the login button then click the sign up button
Step 1
Step 1: Let's get started! Firstly you will need to enter your email, username, password and phone number
Step 2
Step 2: Next you will need to confirm your identity by entering your full name, DOB, and full address. The next step will require you accepting T&C's and marketing and then after that all that is left to do is deposit, and then you can begin wagering!

DraftKings Sportsbook Lobby Explained

DraftKings Sportsbook lobby carries a green, grey, black and white color palette, and it is extremely easy to navigate. However simple navigation does not equal a simple design, DraftKings Sportsbook has a complex system offering many sports betting avenues for you to go down - you could spend hours here!

DraftKings Sportsbook Homepage

DraftKings Sportsbook Sports Selection

A comprehensive provision of 22 sports are available through DraftKings online platform; from handball to MMA.

Within these fields, you have the option to categorize your searches to specific tournaments, events, leagues or teams, including NFL, NBA, MLB, NHL and MLS, for example.

Additionally this sports selection also offers extra menus such as 'primetime games', 'NFL weekly odds' as well as 'championship pages' which details odds for the likes of Ryder Cup and NBA Finals.

Another welcome aspect on this site is its 'how to bet' guides, which advises its players on how to bet on a new sport. Additionally, you can also find a live in-game section which allows you to place bets in real-time; this section is also divided into games for an enhanced UX.

For those who like to pool their bets, DraftKings also has a pools feature which enables you to climb the leaderboard, resulting in cash prizes!

Whatever sport you like to bet on, and however you like to wager, DraftKings Sportsbook will most likely have you covered,

  • Baseball
  • American Football
  • Soccer
  • Basketball
  • College Sports
    College Sports
  • Esports
  • Hockey
  • Golf
  • Motorsports
  • Tennis
  • MMA
  • Boxing
  • Rugby
  • Cycling
  • Horse Racing
    Horse Racing
  • Handball
  • Snooker
  • Volleyball
  • Australian rules
    Australian rules
  • Icon 11 - Cricket
  • Darts
  • Table Tennis
    Table Tennis
  • Lacross

Software Providers

Powered by iSportsGenius, this platform provides a unique opportunity for players to identify trends alongside betting specific stats that help to explain concepts to even the most novice of users.

Isport Genius

DraftKings Sportsbook Licenses

DraftKings Sportsbook is regulated in the following states : Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia and Wyoming.

Arizona Department of_Gaming
Colorado Division of Gaming
Department Consumer Protection Connecticut
Illinois Gaming Board
Indiana Gamblin Commission
Iowa Racing and Gaming Comission
Kansas Racing and Gaming Commission
Louisiana Gaming Control board
Maine Gambling Control Unit
Maryland Lottery
Massachussent Gaming Commission : Massgaming
Michigan Gaming Control Board
NJDGE : New Jersey Division of Gaming Enforcement
New-Jersey- Gaming- Commission
NewYork Gaming Commission
Ohio Casino Control Commission
Commonwealth of Pennsylvania Gaming Control Board
Lottery Tennesse
Virginia Lottery
West Virginia Lottery

DraftKings Sportsbook Funding & Withdrawals

DraftKings has an array of payment options with deposit limits from as low as an initial $5 and withdrawal options as low as $1.

Payment Method
Deposit Amount
Withdrawal Amount
Withdrawal Time
$5 Min
$1 Min / $25,000 Max
1 Business Day
$5 Min
$1 Min / $25,000 Max
1 Business Day
$5 Min
$1 Min / $60,000
Up To 2 Business Days
Min $5/ Max $2,999.99
$1 Min / $20,000 Max
Up To 2 Business Days
Apple Pay
Apple Pay
$5 Min
$1 Min / $25,000 Max
1 Business Day
VIP Preferred
$5 Min
$1 Min / $100,000 Max
Up To 3 Business Days
$5 Min
$1 Min / $100,000 Max
1 Business Day

DraftKings Sportsbook Mobile Sportsbook

DraftKings is only available on a mobile platform via the app. Unfortunately, this means that when using the mobile web you are unable to place a bet on the platform. However, its app has great ratings and is available on both iPhone and Android!

App Store: 4.8* from 657,700+ reviews

Google Play: 4.6* from 128,000+ reviews

Customer Support





Live Chat




More Info About DraftKings Sportsbook Customer Support

The Customer Support Team are available 24/7 and can be reached through the ‘Help’ tab.

Live Chat: 24/7

Email: support@draftkings.com

Phone: 1(855)357-2377

FAQ's: Covered in-depth

DraftKings Sportsbook Loyalty Program

DraftKings' Dynasty Rewards program offers player the chance to rise through the tiers by earning crowns for every dollar spent across DraftKings website; whether that be on the casino or sportsbook. As you progress throughout the tiers you will earn points to unlock rewards. Rewards can range from DraftKings credits to luxury gifts and experiences.

DraftKings Loyalty Program

Conclusion: Feel like a king!

DraftKings Sportsbook is a quality product that offers an incredible 22 different sporting markets.

The welcome offer is certainly an eye-catching one, with the simple premise being 'Bet $5, Get $150'. But it really is that simple - just sign-up, make your first deposit, wager $5 and you will be awarded $150 in bonus bets instantly. An amazing start to life at a new sportsbook!

As we pointed out, the range of betting markets on offer here is impressive, with less common markets like esports, table tennis and lacrosse all available on-site.

Another huge positive at DraftKings Sportsbook is their pair of very popular mobile betting apps. Scoring 4.8* and 4.6* on the App and Google Play Stores respectively, these apps have received hundreds of thousands of positive reviews.

A couple of negative points we should point out include the current lack of any instant withdrawal methods and the fact that all mobile players must download an app to be able to place bets. Not massive issues at all, but some obvious areas for improvement.

A sportsbook of the highest quality.

DraftKings Sportsbook FAQs

How can I close my DraftKings Sportsbook account?

To permanently close your account, you are encouraged to email the Customer Support Team at support@draftkings.com and they will be able to process and authorise your request.

How do I reactivate my DraftKings Sportsbook account if I closed it?

Sign into your DraftKings Sportsbook account. You'll be prompted with a screen that will ask if you would like to reactivate your account. Tap the green reactivate button and your DraftKings account will be reactivated.

What is a live bet?

A live bet is a bet made after the event has started and while it is still ongoing. Live betting is also known as ‘in-play’ or ‘in-game’ betting.

Can I make deposits or withdrawals in a state that doesn't permit sports gambling?

Yes, you're able to withdraw your funds in a state that doesn't permit sports gambling. Gaming deposits aren't permitted without prior verification of your identity in a permitted online sportsbook or casino state.  

Can I sign up for the DraftKings Sportsbook even if I'm not a resident of a state that allows sports betting?

Yes! You are more than welcome to sign up to play on the DraftKings Sportsbook from a state that does not permit sports wagering, but you won’t be able to place a real money bet unless physically located in a state that permits sports wagering, regardless of your residency.

What are DK Dollars?

DK Dollars, also known as DraftKings Dollars, are site credits and are reflected in your overall account balance.


Lucy Wynne

Content Writer


Tim Williams

Head of Content

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