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  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system


  • Available States:
    AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, PA, TN, VT, VA, WV & WY
  • Downloadable Apps For:
    Android & iPhone
  • Licensed & regulated:
    100% legal & safe to use
  • DraftKings Promo Code:
    No code required

DraftKings Sportsbook

Written by:
Paul Ricci
Fact checked by:
Alex Windsor
March 13, 2024

The DraftKings Sportsbook is one of the largest operators in the U.S. that originated as a daily fantasy sports platform and has been around since 2012 before online sports betting became legal in the country. After legal sports betting came to the country, DraftKings quickly obtained licenses in several states and is now fully operational online in over 20 states.

The DraftKings Sportsbook brand is synonymous with sports betting in the U.S. because of how popular it has become, and because of that, it offers a great welcome bonus for new users. The bonus, which is a 20% deposit bonus and a $50 free bet, can be claimed by clicking the link here and registering for a new account; no promo code is necessary.

Overall, with their early start, DraftKings has developed one of the most standout betting apps in the country that has many great features like live stats and a user-friendly social feature! Read this DraftKings Sportsbook review for the app and website features, betting options and markets, and the registration process and payment options.

DraftKings Sportsbook App Fact Sheet

🏈DraftKings Sportsbook
📱AppsDraftKings Sportsbook (same for every state)
📜DraftKings Promo CodeNone needed, click this link here!
🎁Welcome BonusBet $5 Get $150 In Bonus Bets
💲Minimum Sportsbook Deposit$5
💳Banking MethodsCredit or Debit Card
Online Bank Transfer
ACH eCheck
Play+ Prepaid Cards
Wire Transfer
DraftKings Gift Card
Easy Pay Locations
🇺🇸 Legal StatesAZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, PA, TN, VT, VA, WV & WY
💰Betting MarketsAussie Rules (1 League)
Baseball (2 Leagues)
Basketball (41 Leagues)
Boxing (1 League)
Chess (1 League)
Cornhole (1 League)
Cricket (8 Leagues)
Cycling (4 Leagues)
Darts (1 League)
Floorball (1 League)
Football (3 Leagues)
Golf (10 Leagues)
Handball (12 Leagues)
Hockey (17 Leagues)
Lacrosse (3 Leagues)
MMA (1 League)
Motorsports (4 Leagues)
Rugby League (2 Leagues)
Rugby Union (6 Leagues)
Snooker (3 Leagues)
Soccer (75 Leagues)
Table Tennis (1 League)
Tennis (16 Leagues)
Volleyball (15 Leagues)
Winter Sports (1 League)
💵Betting TypesStandard Bets (moneylines, spreads, point totals, and prop bets)
Round robins
Same-game parlay
Parlay builder
Live Bets
Flash bets
☎️SupportLive Chat (in app or website)
Unique FeaturesSocial Feature
Same-Game Parlay Builder
Live Streaming
Live Stats
Matchup Stats
Betting Pools
Daily Fantasy Sports
Areas for ImprovementWithdrawal methods
Needs a better rewards program

Registration Process

So, how does DraftKings work? Signing up for a DraftKings Sportsbook account is very easy and only takes some of your personal information and a few minutes to complete. To start the process, you can go to the online website at or download the app from the Google Play Store or Apple App Store.

From either the app or the website, find the green “Log In” button and then the “Sign Up” button from the following screen to begin the registration process. On the first page of the registration process, you will be prompted to enter your email address and phone number, then create a username and password (and enter a promo code if necessary).

DraftKings Sportsbook Home

Next, you will be required to enter your full name, street address, date of birth, and the last four digits of your SSN. After completing this step and verifying your identity in the system, you will now have access to your new DraftKings account and are ready to make your first deposit!

DraftKings Sportsbook Welcome Bonus and Promo Code

The DraftKings Sportsbook’s welcome bonus is one of the industry’s most unique bonuses, featuring a 20% deposit bonus worth up to $1,000 and a free $50 bet! There’s no promo code needed; you’ll need to sign up for an account using our link here, and your bonuses will be applied after your first deposit!

To receive the 20% in bonus money, users will need to meet the playthrough requirements within 90 days of their first deposit. The playthrough requirement provides users with $1 in bonus cash for every $25 spent on qualifying bets (i.e., above -300 odds and not used with another promotion), meaning you will need to bet five times your initial deposit.

Banking Options and Limits

The DraftKings Sportsbook website and app allow users options for several different banking methods, including ways to pay in person at PayNearMe locations around the country. Each option is free of fees and has the same deposit and withdrawal minimum that can be found in the tables below. In case it goes unnoticed, DraftKings is among the US sportsbooks with the lowest deposit limits, starting at $5.

DraftKings Sportsbook Deposit Options

💳Deposit Method💵Minimum/Maximum Deposit💲Fees
Credit or Debit Card$5/$19,980$0
Online Bank Transfer$5/$19,980$0
ACH eCheck$5/$19,980$0
Play+ Prepaid Card$5/$19,980$0
Wire Transfer$5/$19,980$0
DraftKings Gift Card$5/$19,980$0
PayNearMe (cash) Locations$5/$19,980$0
DraftKings Sportsbook Payment

DraftKings Sportsbook Withdrawal Options

Here’s an overview of the available banking methods for DraftKings payouts:

💳Withdrawal Method💵Minimum Withdrawal💲Fees
Debit Card$1$0
Online Bank Transfer$1$0
VenmoNo Minimum$0
DraftKings Sportsbook Withdraw

DraftKings Sportsbook Features

The DraftKings Sportsbook offers one of the best websites and apps, as its sleek user interface makes sports betting simple and easy for everyone to use. Other standout features include their daily bonuses and odds modifiers, live stats and matchup data, a great social aspect, and a great same-game parlay-building tool.

DraftKings College Football

DraftKings users have access to all of these great features and many more, as well as a huge number of betting markets and options that offer thousands of betting choices a day on a single sport! DraftKings offers the best mobile sports betting app in the market, in my opinion, that quickly updates odds, rarely crashes, and has lots of extra features that aren’t on the website!

Leagues and Sports Markets Coverage

The DraftKings app has one of the most extensive market coverages in all online sports betting because it knows everyone likes different sports and betting options. DraftKings offers 25 different sports with 230 different leagues in total, much higher than most of the other online sportsbooks.

How to Bet on the DraftKings Sportsbook

Betting on the DraftKings Sportsbook site or app is very simple and easy to understand and can be done by selecting your bets, opening the bet slip and entering your risk, and then accepting the odds and submitting the bet. Events can be found on the home page by selecting one of the most popular leagues at the top of the screen or selecting the “all sports” tab at the bottom.

DraftKings Sports

Whenever you find the event you’re looking for, standard betting options such as moneyline, spreads, and point totals will be featured on that page. If you’re looking for alternate betting lines, prop bets, or same-game parlays for that market, select the event, and the betting options will expand.

DraftKings Sportsbook App

The DraftKings Sportsbook app is one of the best betting apps in the country and is available for both Android and iPhone users. The app provides users with exclusive features that cannot be used on the website, such as live-streaming specific events, detailed live stats, and special promotions.

If you’re using an iPhone, you will need a minimum iOS of 10.0 and at least 207.5 megabytes of internal storage to be able to download it. The app has a 4.8-star rating in the Apple App Store and is generally loved in the reviews because of the many features and easy-to-use user interface.

DraftKings iOS App

Similarly, the app has a 4.5-star rating in the Google Play Store and has similar reviews due to its high-quality nature. Users will need a minimum APK of 5.0 and at least 106.7 megabytes of internal storage to download on an Android phone.

DraftKings Android App

You only need one account for all DraftKings platforms in all states, and geolocation software is built into the app and works very well. DraftKings users who live near state borders may experience issues, but I just used it in Alexandria, VA (very close to the border of D.C. and Maryland) and had no issues.

Promotions and Special Offers

Several daily promotions and special offers on DraftKings allow users to earn more bang for their buck on several events and sports. Free bets, odds modifiers, and much more are offered through the app and on the website (the app will always feature more promotions).

DraftKings Upcoming Events

These promotions will vary depending on the time of year and if special events are happening, like the beginning of a major sport’s season or the playoffs of a major league like the NBA or NFL. DraftKings also features a rewards system that allows users to earn rewards points on every bet placed that isn’t paired with a promotion.

DraftKings users can also get a bonus for referring a friend who makes a qualifying deposit, which will also give a bonus to the person referred. If you take advantage of this offer, both of you will receive up to $100 in bonus bets depending upon the initial deposit ($100 if the initial deposit is over $100).


  • What is the minimum deposit at DraftKings Sportsbook?

    The minimum deposit at DraftKings Sportsbook is just $5, making it one of the lowest deposit sportsbooks available.

  • The DraftKings Sportsbook is available to sports bettors in the following states: AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MI, NH, NJ, NY, OH, PA, TN, VA, WV & WY

  • How to get the DraftKings Sportsbook app?

    Go to the Apple App Store or Google Play Store and search for "DraftKings Sportsbook," then look for the logo pictured below. After you've found it, download the app, and you're ready to go.

    You will need a minimum iOS of 10.0 and a minimum APK of 5.0 to download the app, as well as 207.5 megabytes of storage for iPhone users and 106.7 megabytes for Android users.

  • What is the DraftKings Sportsbook promo code?

    There is no promo code to receive the offer listed above! Simply click the link here before registering for an account to get our exclusive 20% deposit bonus and $50 free bet offer on your initial deposit.

  • How can I contact DraftKings?

    The DraftKings Sportsbook has excellent customer service and can be easily contacted in the app or on the DraftKings website through the live chat feature as well as by email at

Paul Ricci

Paul Ricci is a resident sports writer at Minimum Deposit Betting Sites, largely focusing on the US betting landscape. His main interests lie in football (both the US and the non-US variants) and in developing and writing low-stakes betting strategies.