Types of Bets Available on DraftKings
DraftKings offers any number of different types of bets to choose from, but for their most popular
selections, you can choose from straight bets (a single pick), parlays, which feature two or more picks or round robins, which allow you to place three or more bets and pair them together in separate parlays.
For more on the types of bets available see below.
A futures bets are placed on action that’s happening at some point in the not too distant future, that’s
usually tied to an end point of a season or event, such as Super Bowl winner or NL Cy Young award
winner, or player to go first overall in the NBA draft.
Moneyline bets are the most basic wager in all of sports betting. Simply put you’re betting on Team A or Team B to win the game. If you’re betting on a favorite, they will have a minus sign in front of the odds, giving you less money back for your wager than an underdog, which will have a plus sign attached to the
DraftKings currently accepts live-in-game action for certain events, so you can bet on props or teams
while the game is happening.
Parlays are combined of two or more single wagers into a single ticket, which then multiples the odds to a higher amount than two single bets on separate tickets. In order to win a parlay bet, a bettor must
get all the bets correct on that ticket.
A point spread bet is a wager on the difference of points between two teams in a single sporting event.
The point spread number is provided by DraftKings, and then a bettor chooses what side they want to
‘cover’ that differential. If the New England Patriots are favored by 7.5 points over the New York Jets, but only win by seven points, the Jets would have covered that spread, and bettors who placed their wagers on the Jets +7.5 would have won.
Straight bets are types of betting wagers on a single game or event that carries a point-spread, game
total, money line, run line or puck line.
A prop bet (short for proposition bet) is a wager that is independent of the final score of a game or
outcome. These wagers encompass bets that aren’t point spreads, totals or moneylines. Some
- Kansas City Chiefs over 11.5 wins in an NFL season
- Luka Doncic under 8.5 assists in an NBA game
As soon as you have entered at least three or more picks on the bet slip, you can place a Round Robin
bet. The number of possible Round Robin bets depends on the number of possible outcomes, which is
tied to how many selections you have made. The bets possible with your picks will be displayed
A teaser is like a parlay bet but for point spreads. You can combine two or more games together (usually
a maximum of four games) and get points shaved off the spread.
Totals or over unders
The main types of totals bets feature action on the score of a game or the score of a team in a game. A bettor places action on whether they think the total amount of points scored will be higher or lower
than the amount listed by DraftKings.
How to Make a Deposit
DraftKings accepts a wide variety of payment methods, including Debit/Credit Cards, PayPal,
Play+prepaid, or a Bank Transfer utilizing your checking routing and account number. They’re
looking to add cryptocurrency as a payment option in the future. The deposit page allows for $25, $100, $250, $600, and other amounts to be quickly deposited.
How to Make a Withdrawal
The app offers two options: by check or by cage. There is a $15 minimum to withdraw the funds from your account if you choose to do so by
check. You will be mailed the check via an address of your choice. DraftKings has had a great
history without substantiated reports of players not receiving their winnings. Withdrawing by cage requires the player to be in Atlantic City. The cage is located in Resorts Atlantic City, where you can pick up your winnings with a photo ID with a $0 minimum.
Daily Login rewards
- Eligible for the NFL, NBA, and NHL leagues
- Allows for players to accrue DraftKings crowns, and helps users claim entries into exclusive
contests, gain the ability to claim branded products, and other similar incentives
- Each time an user enters a paid contest, they will be paid out a certain amount of crowns for
their entry cost.
- There also exists the DraftKings Achievement programs to help players accrue more crowns
- Online store is also stocked with exclusive swag that could be purchased with crowns
- Daily and weekly missions to help users gain more crowns
Refer a Friend
Share your referral tracking link with your friends, family, peers, etc. If they use your link to register, deposit $5, and place a bet within 30 days, you will receive a $50 free bet credit in your account. You have 30 days to use that free bet.
Where is DraftKings Sportsbook Available
- New Hampshire
- New Jersey
- West Virginia