DraftKings Sportsbook New York Review

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Certifications
VeriSign SecuredeCogra Approved Casinos

Overall Rating

4.6/5

Withdrawal Speed

4.2/5

Bonuses & Offers

4.3/5

Security

4.9/5

Software & Games

4.9/5

DraftKings Sportsbook at a glance


Casino Name DraftKings Sportsbook
Owner Draft Kings, Inc.
Year Established 2010
Games offered basketball, NFL
Compatible Devices Android, iPhone, Windows, Tablet, Desktop
Payout Percentage N/A
Payout Days 1-3 days
Banking Options Visa, Mastercard + 2 more
Payout percent
N/A
Payout Speed
1-3 days
  • DraftKings is one of the strongest books
  • Reliable brand trusted by bettors
  • Among the best brand for in-game wagering
  • Multiple player performance parlays available
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Chris Sheridan

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Sports betting expert

Chris Sheridan is a sports gambling industry expert based just north of the Bronx who specializes in sports betting issues in legal US markets. He has worked for The Associated Press, ESPN and Forbes, among others.

DraftKings Sportsbook Review 2022

4.5/5

DraftKings Sportsbook is one of the most successful sportsbooks in all legalized U.S. sports gambling markets, and are what we call a 'heavy hitter' in the industry. It's one of the books that will undoubtedly survive many years through their strong range of markets and grounding in fantasy betting.

DraftKings Playbook should be every sports bettor’s go-to site for game previews, tips, and betting advice. One of the best books in the U.S. market, they use human traders to set lines and approve bets, unlike many other books that use the Kambi software program to set lines. They have a strong corporate infrastructure based out of Boston, New York and Las Vegas, and their head of racebook and sports gaming operations, Johnny Avello, is one of the most respected figures in the industry.

The fantasy sports component has a unique PMR or Player Minutes Remaining feature, which allows you to see how much time the players you’ve selected have left in any given game, as well as how you’re doing relative to other players in the league.

The DraftKings app is particularly handy when on the go, and this site is a leader when it comes to allowing for in-game wagering on anything from Game 7 of the Stanley Cup playoffs, to the Super Bowl, to Draft Kings Kentucky Derby. DraftKings promo codes allow for a $50 free bet and up to $1,000 deposit match.

Pros

  • DraftKings is one of the strongest books
  • Reliable brand trusted by bettors
  • Among the best brand for in-game wagering
  • Multiple player performance parlays available

Cons

  • Odds on longshots higher at competing books
  • Support reps could be more accessible

Sports markets and bet types

4.4/5

DraftKings offers 16 different markets, including snooker, cricket and darts, which is especially appealing to those bettors who've moved to New York from overseas. American bettors traditionally know plenty about football, basketball, golf and hockey, but can get snookered (pardon the pun) when operating outside of their comfort zone.

Nearly 40 percent of New York City residents are foreign-born, and Draft Kings Sportsbook can appeal to that demographic when it comes to international sporting events such as the Soccer World Cup, Wimbledon and the British Open and Formula One. Followers of those sports residing in the Empire State have an edge at this book because DraftKings makes the effort to be diverse and inclusive of their preferred markets. And when European, Asian and African athletes compete in events such as the tennis U.S. Open in Queens, this book will take wagers on every single match. It’s a top-notch operation.

Bonuses and promotions

4.3/5

Promotions often change, and DraftKings’ bonus deals rotate based upon what sports are in season. The main welcome offer is a $50 risk-free bet and up to $1,000 in matching funds upon the first deposit.

The Draft Kings bonus code to use is “WIN”, but be aware that DraftKings Sportsbook promo codes change more often than they do at other books. As is the case everywhere, gamblers must pay close attention to following the terms and conditions, so proceed carefully.

For fantasy sports players who may not yet be ready to take the plunge into gambling, the promo code SAVE allows for up to $500 in matching funds upon the first deposit.

Banking

4.2/5

There are eight different ways to deposit funds in sportsbook, and the money is available for wagering almost immediately. DraftKings also allows credit card deposits for fantasy sports only. The eight payment options are more than many other books offer, and it is the user’s choice.

Options include:

  • Credit & Debit cards
  • Online banking
  • eCheck
  • eGift cards
  • Wire transfer
  • Play+ pre-paid card
  • Cash at DraftKings retail facilities
  • DraftKings gift card

All these options are safe and secure and are vetted by the NY State Gaming Commission.

How long is DraftKings withdrawal time? One to three business days depending upon the amount of funds being disbursed, and the rule of thumb is to expect it to take three.

Chat support will not be of much help during the withdrawal waiting process. Chats default to a bot, and the bot aims to cover all your questions without conversing with a human. There is a $5 minimum deposit and a $20,000 maximum deposit. Any withdrawal of $10,000 or more will be immediately reported to the IRS in accordance with US banking laws.

Security and fair play

4.9/5

DraftKings is one of nine sportsbooks licensed to operate online in New York. It’s a publicly traded company trading on the NASDAQ exchange, and is part of the Russell 1000 stock index. DK Sportsbook uses 51 technology products and services including HTML5, Google Analytics, and jQuery, and is actively using 126 technologies for its website including Viewport Meta and SPF.

All licensed U.S. sportsbooks are rated according to our 25-step review process. Which among other things checks the protection of player data. DraftKings protects gamblers’ information through Secure Sockets Layer with 2,048-bit encryption.


Owner

Draft Kings, Inc.

Licenced by

NY State Gaming Commission

DraftKings App

4.9/5

The first thing you will see when logging into the DraftKings Sportsbook App is events currently in progress, and DraftKings makes a hard push for NFT items available through DraftKings Marketplace. It’s not particularly difficult to use but be sure to check your password’s entered right because three failed log-in attempts will lock you out.

There’s nothing in particular that makes the app easier to use than the desktop/laptop version, but navigation is much easier than at other sportsbooks. DraftKings NY customers must still drive to neighboring states to place some types of bets, including player award futures. It is compatible with iOS and Android.

Conclusion

4.5/5

When it comes to a choice of options when gambling on sports, along with a very diverse fantasy sports menu, there’s no beating DraftKings. DK offers more deposit options to gamblers from New York than other books, and we have found that PayPal is easiest. Gamblers from New York are not permitted to deposit via credit card under New York State Wagering Commission rules, but DraftKings allows credit card deposits for fantasy sports.

One criticism is that, while DraftKings is an industry leader, it’s unfortunately gotten away from ease of use, especially when it comes to customer service. Unless you enjoy battling with bots to get to humans for help, there is really no excuse for DraftKings making it so difficult to get questions answered in a timely fashion.

As with all New York sportsbooks, the site and app are both superfast, which is of particular benefit to busy New Yorkers in the metropolitan area. The benefits outweigh the drawbacks here, and DraftKings will undoubtedly outlast the competition because of the head start they had in this pace through their roots in DFS.

Why not try out DraftKings yourself?

FAQs


How does DraftKings work?

Both as a fantasy betting site and regular sportsbook. For the Daily Fantasy Sports, you pick a contest with either a guaranteed or not guaranteed cash prize, build your fantasy team using players competing in that day’s competitions, and then submit your team for the contests. Your team’s progress will appear on the leaderboard, and there will be a cash prize for finishing in certain leading positions.

How do I place bets on DraftKings?

Sign up with the sportsbook and bet on a sports event and outcome of your choice. DraftKings offer many quick betting guides to help you learn the different bet types available. They’ll also guide you through betting on different sports markets, including football, basketball, hockey, MMA and golf.

Where is DraftKings legal?

DraftKings operates in 17 states, including New York, New Jersey, West Virginia, Iowa, Indiana, New Hampshire, and Mississippi. A full list is available here.

How do I withdraw money from DraftKings?

Most of the accepted deposit method can be used, including PayPal, online banking, eCheck, but no credit or debit cards. Transactions should be process within 5 working days, and note that different payment options will have different minimum and maximum withdrawal amounts, as explained here.

Who owns DraftKings?

DraftKings Inc is a public company. Its parent company is Crown DK CAN Ltd.