Sports News
| Published On Sep 22, 2023 6:33 am CEST | By iGaming Team

The Rise of DraftKings Sportsbook: A Game-Changer in the Betting Industry

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As one of the most popular sportsbooks in the US, DraftKings offers traditional sports betting, daily fantasy sports (DFS), a horse racing platform and a great selection of classic online casino games, too. Whether enthusiasts prefer placing their bets from a phone while on the go or from their home on a desktop, DraftKings provides bettors with a high-quality, user-friendly platform that makes placing bets simple even for beginners.

With high security standards and a reputation built on excellent customer experience, it’s easy to see why DraftKings is the #3 ranked app in the Sports category of Apple’s App Store, behind only ESPN and the NFL. The platform boasts a 4.8/5 star rating with thousands of satisfied users leaving glowing reviews.

This article is a comprehensive DraftKings Sportsbook review that will explore the pros and cons of the industry-leading platform. From promotions and withdrawal options to betting odds and customer support, this guide aims to analyze how DraftKings measures up to other online sportsbooks.

The Pros of Betting on DraftKings Sportsbook

  • Wide Range of Sports

Like most online sportsbooks, DraftKings offers traditional betting opportunities on all the popular sports: both college and professional football and basketball, baseball, hockey and soccer. But what sets DraftKings apart from its competitors is the amount of other sports users can wager on such as MMA, golf, esports, motorsports and many more.

When it comes to Daily Fantasy Sports, DraftKings is the industry leader. Users benefit from new contests being added daily and can still win even if they don’t finish first. DraftKings DFS is available for US residents in nearly all states. The exceptions are Hawaii, Nevada, Oregon, Washington, Idaho and Montana.

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  • Betting Lines

In addition to the typical wagers that are made most frequently, such as spreads and point totals, DraftKings also provides prop bets, live betting and same-game parlays. Even if their initial wager seems to be a bust, live betting keeps sports bettors involved in the action.

On the other hand, if your wagers are perfect so far in a parlay and you still have one leg of the bet remaining, you can hedge, or make a single bet that goes against that one leg of the parlay. This ensures a profit since you will either win the hedge bet or the final leg of the parlay. Users can boost their winning potential with strategies like this.

  • Cheap Minimum Deposit

To make funding bets simple, DraftKings allows a variety of payment options. From traditional options like credit cards, debit cards and wire transfers to well-known e-wallets like PayPal and Venmo, users may select their preferred banking method. The minimum deposit starts at just $5 depending on which method you use. Keep in mind that states may have various minimums based on local laws, therefore these sums may range from one state to the next.

  • Fast Withdrawals and Low Fees

DraftKings offers a wide variety of withdrawal methods though some transactions may incur a fee that is assessed by a card issuer or bank.

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The Cons of Betting on DraftKings Sportsbook

  • No Customer Service Phone Helpline

While DraftKings has one of the best customer service systems of any online sportsbook, including 24/7 live chat, some users complain that the operator does not have a traditional phone helpline. Instead, users can leave a voicemail and receive a call at a later time. Users report that messages sent via the phone callback system and email typically receive a response within one day.

  • Industry-Standard Betting Lines and Odds

Customers are unlikely to find the absolute best odds on DraftKings. That said, when comparing DraftKings to the other top online sportsbooks, they have fairly comparable odds. To improve on the average lines and odds, users can boost their betting odds by taking advantage of generous bet-specific promotional offers.

  • No Free Bets or No-Deposit Bonuses

As a welcome promotion, DraftKings does not offer free bets or no-deposit bonuses. They do, however, update their promo page frequently, which typically features bonus bets for new customers and friend referrals, as well as profit boost deals.

The Verdict

It’s easy to see why DraftKings continues to surpass revenue expectations and is ranked as one of America’s main online sportsbooks. From intuitive navigability and a wide range of sports to wager on to safe deposits and quick withdrawals, DraftKings provides its users with all the essential features and top-notch security measures to ensure a safe and enjoyable betting experience. And while DraftKings may not have the best odds in town, users can skip shopping around for odds by taking advantage of bet-specific odds boosts.