Draftkings

DraftKings started in 2012 as a competitor to FanDuel in the daily fantasy space. In 2018 they launched their sportsbook, DraftKings Sportsbook, as sports betting started to become legal in some states in North America. In 2022, DraftKings Sportsbook was launched in Ontario, Canada. DraftKings is a massive company that is public on the Nasdaq and has a ton of brand loyalty and recognition. Millions of people know them from their daily fantasy offerings, so it is easy to trust the brand. They also are one of the most aggressive marketers in the space as they have sponsorship deals with the MLB, NFL, and ESPN.

DraftKings has a massive user base as they seamlessly were able to transition a lot of their daily fantasy players into sports bettors. They also had massive promotions compared to other brands when they first launched until the market kept up. This, among other things like sponsorship deals and TV commercials, has given them a huge amount of users. People will use DraftKings regardless of the underwhelming odds on occasion due to their name recognition and generous promotions. The odds and promotions balance out in the end.

DraftKings Welcome Bonus and Promo Code

Unlike most of the other popular sportsbooks, DraftKings has interchanging offers for their new users all the time. When they first started they shocked the sports betting world with massive amounts of free betting money available for people depositing for the first time. The minimum amount to deposit to take advantage of bonuses is just $5, which is less than the $10 for most other sportsbooks. Currently, their offer gives users $200 in free bets when they deposit just $5. Other offers mentioned online in the recent past say they had only a 20% deposit match bonus and another said they had a $5 risk-free bet for new users to win $150. The welcome bonus will differ depending on the time when you are signing up. 

Registration Process at DraftKings Sportsbook

We found the signup process for DraftKings to be fairly straightforward. They do ask for all of the common information such as name, birth date, and address but also ask for a username, which is different from many other sites. They also ask for a photo ID, which is now common for many sportsbooks.

The signup process is easy and fast as long as you are ready with your photo ID and have a unique username not taken by somebody else already. 

Depositing & Withdrawal Options for DraftKings Sportsbook

DraftKings offers a ton of deposit and withdrawal options for their users. 

Mastercard, Visa, and Discover are available for deposits as well as Paypal. A bank transfer, e-check, or prepaid card are also accepted forms of deposit. While withdrawal options are also more limited on various sportsbooks compared to their deposit methods, on DraftKings they are exactly the same, which we found to be very nice. 

DraftKings Desktop Experience

The DraftKings desktop version of their sportsbook is very similar to their daily fantasy sports platform. It is set on a black and dark gray background with the betting lines and the logos in their bright green color instead of orange like with daily fantasy. Their top navigation bar actually has a lot more options compared to other sites. They have nine different options up there to choose from such as VIP, promos, live bets, and more. Underneath that, they showcase their current promos for their users are shown in a format like an ad you would see on a website. The main section in the middle features their live betting with a toggle to pre-game bets. On the left side, they have their most popular sports to bet on. It is incredibly fast and easy to find anything you may be looking to bet on.

DraftKings Mobile Experience

The mobile experience on DraftKings is much more simple than the desktop version. At the top in a big rectangle, it encourages you to download their app. Underneath that is their current promos followed by their live-betting lines available and a list of sports that you can place pregame bets on. 

DraftKings App Experience

The DraftKings app is one of the best in the sports betting industry. This is due to their years of experience with already having an app for daily fantasy. It is easy to find everything, responsive and looks great. The app is laid out like the mobile site with the promos at the top and live bets under that with a tab to switch to pregame bets.

DraftKings Software

DraftKings runs its software across more than 150 different micro software. This means that they don’t utilize one major outside software as some other sportsbooks do, but they utilize a bunch of their own software and some outside software as well. 

Sports Betting Markets Available at DraftKings

You will find that the major sports are available on DraftKings:

• Hockey
• Basketball
• Soccer
• Football
• Baseball

Etc.

They also offer less popular sports betting options as well:

• Cornhole
• Snooker
• Darts
• Handball
• Rugby

Plus many others.

DraftKings has an impressive amount of prop bets you can place on their site. They pride themselves on giving bettors a ton of different options. Within the major sports we found a lot of prop bets that can’t be found on other top sites.

DraftKings Online Sports Bet Types

The most common bets will be able to be placed with DraftKings:

• Moneyline
• Over/Under
• Spread
• Prop Bets
• Multi-game parlays
• Same-game parlays
• Live bets

Betting Lines at DraftKings

One of the biggest complaints for those who are on multiple betting sites is the lack of competitive lines you will find on DraftKings. With so many users and promotions, DraftKings can get away with having slightly worse odds. For those who like to oddshop, it may be rare to find the best odds or lines on DraftKings. They definitely make up for it in other areas, however. Boosted odds via promotions will be available all the time on specific games or parlays. 

DraftKings Sportsbook Betting Features 

The main thing that users will find different from DraftKings compared to other sportsbooks is the number of promotions they offer. Risk-free bets boosted odds, and parlay boosts can be found almost at all times on their site we have found. 

Like with most sites live betting is featured on their site. You actually have to click on another button off of their homepage to find pre-match bets

Users can cash out on DraftKings on nearly every bet. This feature is standard now for all the top sportsbooks and with DraftKings, it is no different. Cash-out early to secure your winnings or limit your losses.

The betslip is very intuitive on DraftKings. You can add as many bets to it and see how they would pay out as single bets or parlays. Easily add or remove bets and even see what single bets and parlays look like on your betslip and place them all at once. This will show up on the right side of your screen. 

DraftKings has put a lot of time and effort into its live-streaming service. In some locations, it is not allowed but in areas where it is allowed, they have strong live-streaming options even for the top and most popular leagues in Canada. Their live streaming options should continue to get better with more games and options in the future.

DraftKings Canada VIP and Loyalty Programs

DraftKings is one of the few sportsbooks to have a VIP program. This is an invitation-only VIP section but users can get benefits such as favorable bets, access to private events, and more. To take advantage of this you can apply on the site after you are signed up.

DraftKings Current Sportsbook Promotions 

Promotions are where DraftKings excels. For those looking for a ton of boosted odds, risk-free bets, and other promotions that are available at all times, DraftKings has you covered. They will always have something for their users to take advantage of. On the top of their site, they have their current offers on a carousel and a section on their top navigation bar for their promos. Right now they have boosted odds, boosted payouts, risk-free bets where if you lose you receive a free bet of the same amount, and boosted parlay payouts as well. 

DraftKings Customer Support 

DraftKings has 24/7 customer service via live chat. They also have email and phone support. Compared to the other top sportsbooks we found that DraftKings has one of the more professional support staff. They are so big and a public company so they take their customer support very seriously. 

DraftKings Responsible Gambling Features

Normally sportsbooks have a section that can be found at the bottom of the site on responsible gaming. DraftKings has this but also an icon at the top right of the site for responsible gaming. This may be due to the fact that they are a public company and need to be safer than other companies. It should make bettors feel good that they take it more seriously than other sites it seems. 

Users will find where to find information about responsible gaming immediately on the homepage at the top. It is hard to miss.

They also have limits that can be set in the form of deposit limits, wagering limits, and time limits. There are also multiple links that go to articles on how to gamble responsibly. This is in addition to a bunch of information of their own on this page of their site.

Our Verdict

DraftKings is new in Canada but they are one of the most well-known brands in the industry due to its history in daily fantasy sports, its massive marketing push, and the fact that they are a public company. For those looking to have the most fun sports betting, DraftKings could be for you due to the fact that they have tons of promotions going all the time to keep their users in the game. Their odds are not the most competitive but they make up for it with their promotions and plethora of available prop bets and lines in the top leagues and sports.

DraftKings Sportsbook FAQs