DraftKings Sportsbook – Free Betting Bonus

New Jersey Bookmakers

DraftKings

4.7/5
$500
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Pros / Cons

  • New Jersey Bookmaker
  • Great fantasy sports section
  • Legal for NJ residents
  • No horse racing markets

DraftKings Sportsbook Review

DraftKings is one of the new New Jersey Bookmakers and we’re exciting to see it in the market.

DraftKings Sportsbook is the online bookmaker to DraftKings, a platform that enables New Jersey residents to wager on sports and play fantasy games. As such, we can say that it gives avid sports fans an opportunity to enjoy aspects of both sides.

Members are able to seamlessly switch between betting on sports and playing fantasy sports games with the tap on a mobile device or click of a mouse.

Despite being a platform that offers sports betting and fantasy services, our main focus for today is the sportsbook, which has managed to carve its own path to the top despite being only launched in 2018.

We checked it out to see what it has to offer and written this comprehensive DraftKings review so that anyone who cares can have a clear picture of what they are betting on with DraftKings.

  • Official Website: www.draftkings.com/sportsbook
  • USA Players Accepted: Yes
  • Mobile Software: Yes
  • Online Since: August 2018
  • License: NJ Division of Gaming Enforcement
  • Welcome Bonus: $500 Match Deposit Bonus
  • Bonus Availability: Anyone who’s 21 years and above living in the state of New Jersey

Key Features Of DraftKings

New Jersey Bookmakers have come with force and DraftKings is no different.

If you’ve always fancied betting from the comfort of your home, DraftKings sportsbook offers you a truly complete online betting experience, a high-functioning mobile platform, not forgetting to mention a growing live betting product all at your fingertips.

Bettors looking to quickly flip from fantasy sports to a quick flatter should check out their official website, of course after going through our review!

DraftKings Mobile Betting

When we looked at the technical side of things, we did notice that DraftKings has partnered with Kambi Group. It’s the official software provider, which also powers some of the other top bookmakers in New Jersey. Kambi have the responsibility of ensuring that the official website and mobile platform runs smoothly.

The DraftKings mobile app has been developed for Android and iOS platform. To ensure that you have an all-inclusive betting experience, DraftKings has included everything that any enthusiastic punter might need. This includes betting markets, promotions, and a handy guide to take you through sports betting if you are new.

DraftKings Usability

The design of the website and the mobile platform is slick, easy to use just as it is easy to navigate. The sportsbook has a similar look and feel like most of the well-established European bookies. This was quite impressive, but in all honest, we weren’t expecting anything less from a well reputed bookmaker like DraftKings.

Draftkings Sports Betting Markets

DraftKings has all the sporting events that you would normally bet at your local bookmake and so much more! Whether you are a big fan of some of the major US sporting events such as NFL, MLB or NBA, or if you fancy sports that are played at international level, you are sure to find something to suit your preferences.

The New Jersey Bookmakers offer MLB, NBA, MSL, NCCA Football and American Football. They take the center stage for the American sports. NCAA Basketball, NHL Hockey and NCAA Basketball are some of the other sports.

As we’ve already mentioned, DraftKings is international, which is why you’ll also come across European soccer options such as the EPL, Bundesliga, LA Liga, Europa and Champions League. All these come with extensive markets.

We also noticed that they have more individual based racing and sporting events in the list. UFC fighting and MMA, Boxing and Cycling, NASCAR and other motorsports are all well represented.

The site also has the more obscure and unfamiliar international sporting events such as rugby union and Aussie rules football.

On the official website, we did notice that there are no horse racing markets, which was one of the shortcomings. Furthermore, punters in the Garden State won’t be able to wager on high school and collegiate events happening within the state borders. This means there will be no Seton Hall Basketball and Rutgers Football for members.

DraftKings Betting Markets

There are more than 15,000 betting markets on offer at DraftKings. The MSL and other football events naturally gets the biggest focus, offering more than 70 markets per game. Other sporting events have between 20 – 50 pre-match markets and 15-30 in-play markets.

DraftKings In-Play Betting

In addition to enabling bettors to wager on events and games in the future, the live in-play betting feature lets you place bets as the events take place. The odds change in real-time depending on the proceedings of the game.

To see all the events that are available in the in-play format, just click on the in-play button. It will reveal all the events on offer and you can scroll through them with ease.

DraftKings Odds and Prices

DraftKings Sportsbook offers some competitive odds in the industry. This is for a fact and we can comfortably say it after we compared their offering with what some of the already established bookmakers in New Jersey have. What’s more, they’ve made it easy for punters to change the odds from American format (which is the default) to decimals and fractions.

Payment and Withdrawal Options at DraftKings

You can deposit money into your DraftKings account using all major debit and credit cards. VISA, MasterCard, American Express and Discover are all supported at the bookmaker. In addition to using some of these popular US debit/credit cards, you can also fund your account using PayPal or gift cards from American Express, VISA or MasterCard.

Once you’ve won a bet, all your winnings will be added to your account within 24 hours of the bet’s conclusion. All the withdrawals will be processed during the normal business days but range from 48 hours to 8 business days to show up in your account.

DraftKings is a flexible platform and has given you a number of options in regards to how you’d like to receive your winnings. You can choose to have the funds deposited directly to the original funding method, your PayPal account or you’d like to have a mail physically sent to you.

The last option uses the traditional mailing services and it would take up to 8 days to get to you.

  • VISA & VISA Electron
  • MasterCard
  • Discover
  • PayPal
  • American Express

DraftKings Bonuses and Promotions

New members joining DraftKings have the liberty to claim their juicy welcome bonus. Once you’ve made your initial deposit, you are automatically awarded with a match deposit bonus that’s capped $500 welcome bonus.

This bonus money is easily redeemable and can only be used for betting and not for withdrawal. Under the terms and conditions, you’ll find this stern message. ‘Free bet is also not redeemable for cash, non-transferable, and non-refundable.’

Outside of the welcome bonus, there are plenty of other promotions, which are specially tailored for the DraftKings Fantasy platform. They include the common refer a friend bonus, the free ticket bonus money as well as the Missions and FFPs (Frequent Player Points).

DraftKings bonuses and promotions are available for all customers.

Is It Legal For US Punters To Bet a DraftKings?

New Jersey Bookmakers are now legal.

For a long time, sports betting legalization in the US has been a major concern for bettors. If you are one of these punters, you’ll be pleased to know that after almost five years of legal battles, the United States Supreme Court recognized New Jersey’s right to sports betting.

They decided to overturn the federal ban that was enforced on sports betting. This announcement was made sometime in May 2018. Shortly afterwards, in June, New Jersey accepted the first legal bet.

This, therefore, means that online sports betting in the state of New Jersey is completely legal. Punters can access a number of state regulated bookmakers, such as DraftKings, and bet on a number of sporting events.

In fact, it’s believed that the state of New Jersey is likely to have more online sports betting experiences in the coming years that will rival some of the long established markets – more especially the UK.

DraftKings Conclusion

Draftkings is one of the more impressive New Jersey Bookmakers in the country.

They are one of the new players in the mushrooming New Jersey Sports betting industry. They are quickly growing and they’ll soon become one of the main players. However, their fantasy sports platform is a big name to reckon and anyone interested in drafting a team should give it a try.

All in all, they have a quality website that’s accompanied with an easy to use mobile application. If you are also looking for a site with plenty of markets to choose from, then you should join the DraftKings sports betting community.

Take note that you need to be 21 years and above and live within the boundaries of New Jersey to place any real money bets! Proof of age is a must when you sign up.

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Darryl McDonald
Darryl is the owner and editor of BettingBoss. After graduating with a BA (Writing Studies), he moved into the world of online sports betting. Since that time, he has been featured on the world's biggest sites, including Covers.com. He has worked with the biggest gambling sites in the world and now lends his talents to BettingBoss.