One of the most asked questions about those that follow sports in the United States (that are of a legal age, of course) pertains to how to gamble and wager on their favorite games.
It’s difficult here, for starters, because we don’t really have online gambling as of yet. That will come in time but, for right now, we have to go about it a different way.
One such way is through DraftKings, one of the largest Daily Fantasy Sports (DFS) websites and apps in the world.
Along with FanDuel and Boom Fantasy they rule the fantasy sports galaxy and it is easy to see just why they do so.
Welcome to our DraftKings Review, where we’ll tell you everything you need to know about this fantasy sports platform (and even offer you a DraftKings deposit bonus code in case you find it interesting to join in and start playing today).
What to Consider Before Playing DraftKings?
DraftKings enables you to play along with not just the game of soccer, but also multiple other sports (including baseball, basketball and football) in real time by allowing you to make wagers and earn real, hard cash while doing so.
If you are very experienced at watching or playing the games, this could be an excellent way for you to make money by waging.
The ideal customer for this kind of website is a little different than most. It takes a special kind of person.
You will want to be someone that is very up-to-date on the current world of the game (whether it is association football or any other sport), of which numerous choices are covered by the site and app.
Which U.S. States Do Not Allow Daily Fantasy Sports Gambling?
Before deciding whether or not you want to use the service, make sure you are old enough (17+), have the money set aside just in case you lose, and also make sure it is legal in your state.
Yes, that’s right. Not all U.S. states allow you to play daily fantasy sports.
Here is a list of the U.S. states that currently do not allow DFS gambling:
If you are looking for a very relentless DFS that might take some time to manage along with great knowledge, then this is certainly the place for you to go in order to try and earn some cash!
How Does DraftKings Work?
One of the changes that nearly all fantasy sports websites have undergone in recent years is they that require much less time maintenance.
In the old days (and there are still plenty of leagues and sites around that do it) it required a TON of time to play fantasy games. It took time not only to research, but to draft and then to manage your roster. It was just too much.
So the promise of DraftKings (and other sites/apps like it) is that it is built on a daily model.
With this said, it is still a commitment that you will have to be ready for. No one should expect to just be able to wing it and come out anywhere near even, at the end of the day, on the platform.
According to the site itself, DraftKings is built to allow its customers “to compete in single-day, fantasy sports contests”.
This means that you don’t have to track a team throughout a year. And it also means that you can play one day, skip a few months, and then come back.
There is no time commitment other than what you decide to put in, making it one of the reasons why they have done so well in the market.
What Are Draftkings Pros and Cons?
Just like every other gambling website and app, DraftKings comes with a few “cons” and, naturally, with some “pros”, as well.
Let’s quickly review each of them next.
- Contests last only a day.
- Wide array of contests that give users plenty of chances to win.
- Tons of sports and activities can be wagered on.
- A good knowledge of specific sports is very much required.
- Still takes time to manage a roster given that you have to stay within a salary.
- Can be quite the difficult thing to start out playing as it can confuse you with so many choices.
How Easy Is It to Sign-Up Process on DraftKings?
Registering on DraftKings is a breeze.
You just put in a username, password, and e-mail and then you are off and running.
From there, they want you to deposit money, like nearly all DFS sites do.
It also must be said that it is very easy to deposit money as well, though it can be a little annoying when you sign up to move off the page, if you do not want to deposit any money.
You can use a number of options to deposit money, including Paypal, American Express, Visa, Discover, and Mastercard.
If you do not want to deposit, you have to find the DraftKings logo and go from there!
How to Use DraftKings
DraftKings, even for its few faults, is one of the premier places to go online to play DFS for a reason.
First and foremost, we must start with the site itself. It is VERY easy to navigate through, with very clear and concise words to help guide you along.
- Lobby: The Lobby is where you go to select a contest in which to play.
- Lineups: Once you have one in play, you can use the Lineups tab to track your progress before, during and after the fact.
- Contests: Here you can find all of the contests you have been in, past and present.
- Leagues: This offers you the chance to play in an old school league that lasts longer than just a day along with friends.
- Missions: gives you the chance to complete a daily mission and earn extra XP.
Moving on from Lobby, where most of the action is going to occur, you have numerous options.
Across the top, you will see what the featured contests are, as well as all of the other sports that are offered. Simply click on the one you want and then you will be ready to go and scroll through the contests that are offered in that particular sport.
As of right now, they have MLB, Golf, Soccer, NBA, Tennis, League of Legends (popular in the eSports community), NFL, NHL, NASCAR, and MMA among others.
How Much Do DraftKings Contests Cost?
The cost of the contests is always going to be a question posed by some. And by the looks of things, there is something here for everyone.
Some sites offer free contests and DraftKings may well do that at times, but it seems contests generally start for as low as a quarter. They also, though, can start at the premium price of $5,300.
So there is a way to play it for fun and a way to go about it in a very, very serious manner.
The payouts vary depending on the number of players, so consulting with the app or website to get answers on that would be the best bet.
How Do DraftKings’ Soccer Contests Work?
In terms of general soccer play, it appears that the contests are set up in the same general way.
You select one and then you have to make a roster from the salary level that you are given.
For example, it is the FIFA World Cup Russia 2018 final between France and Croatia.
You are asked to pick six players while staying under a certain number. Each player is assigned a certain worth due to previous performances. Your goal is to pick the players that will play the best in that match and to stay under budget.
Some contests might have you pick just three players; it all just depends on what kind of contest it is.
How do You Get Your Winnings from DraftKings?
To get your winnings from DraftKings you will also to use their website’s withdrawal feature and request for your money to be sent to you.
Here you’ll have three options.
You can choose for a check to be sent to you via mail or you can get a bank or PayPal transfer. As it’s easy to understand, PayPal is the fastest solution to withdraw your DraftKings winnings.
DraftKings’s compliance and identity verification policies require their U.S. clients to complete a W-9 tax form prior to withdrawing funds.
How Long Do Withdrawals Take?
DraftKings’ Accounting Department processes withdrawals from Monday to Friday between 9 am and 5 pm. If a withdrawal request is sent after 5 pm on a Friday, it will only processed the following Monday.
Once your withdrawal request is processed, they’ll send you a confirmation email and your funds usually take from 2 to 8 business days to appear in your bank or PayPal account. Checks sent via mail can take from 2 up to 3 weeks for delivery.
DraftKings Encourages Responsible Playing
DraftKings want people playing on their site and app to look at one-day fantasy sports as a fun hobby, not as a bad and vicious addiction.
As such they encourage their users to play responsibly, both as their money and their time is concerned.
They do so by offering you two options:
- Alerts: You can set up an alert on DraftKings that will be fired the moment your self-imposed spending limits are reached or exceed. Not only that, but you can make use of the block func-tionality to stop yourself from going over your limit preferences. Limits cannot be increased for a set number of days.
- Self-exclusion: To avoid spending too much time or money on DraftKings, you can set a time-frame during which you will be excluded and banned from their website and app — you won’t be able to log in or to enter contests for as long as your selected time-frame lasts.
What Are People Saying About DraftKings?
Finding out what people have to say about DraftKings is massive, though, no matter what has been said about the platform, and in this case you won’t be disappointed.
Hayner11 on Reddit claims that: «It’s very legit. Winning millions is rare, but it is possible.»
Armydragon on Twitter says he has made a «nice ROI on MLB Showdown».
Also on Twitter, Matt Birnbach talks about his «fantastic month on the site» betting on the World Cup soccer matches.
DFS DOLLAR PICKS reports on his wins both on DraftKings and FanDuel.
What Are Some Alternatives to DraftKings?
Like anything in life, there is always an opportunity cost. There are other choices that one can make. You can’t go see that movie and watch the game at the same time, after all.
Just like that, you can’t play two DFS’s at a time. Well, you could, but you know what I mean.
At any rate, there are other sites out there.
The most obvious is FanDuel, its direct competitor. Like DraftKings, it has a huge following and also has spent considerable sums advertising on various media outlets.
The differences in the two are fairly negligible, though research would be able to give you a better view of that.
Another possible choice is something like Boom Fantasy, which is far different. While much smaller, it is based on questions rather than building lineups. And thus it takes the games a little more from the hands of “sharks”.
DraftKings Review Conclusion & Our Verdict
Lots of big money figures are tossed around by those in the media about the game, but let it be known that winning a huge sum is going to be quite difficult for you.
Even with great skill, you will have to pick a lineup different enough from others to win big. But it can be done.
DraftKings is the place to go to if you are hopeful of a big payout, but just know that you are going to have to be very serious and knowledgeable in order to do well on this site in its various contests!
To answer your question in a sentence:
Yes, DraftKings is totally legit.
You can safely play there knowing that they even encourage and give you options to make sure you play responsibly preventing you from spending too much money and time on their website and app.
With that said, if you’re interested in giving it a shot, check our DraftKings bonuses below before signing up.