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DraftKings

Article By Scott Jack

Updated October 2nd,  2015

DraftKings was founded in 2012 – a relative latecomer in the daily fantasy sports (DFS) industry. However, thanks to a strong marketing team, DraftKings has solidified their position as the biggest DFS site. If you ever watch ESPN or listen to ESPN radio you have probably heard an advertisment for DraftKings.

With continued acquisitions, including DraftStreet and StarStreet, DraftKings continues to grow rapidly.

Let me share some quick facts about DraftKings before getting into the meat and potatoes of the review.

Play DFS at DraftKings

  • URL: DraftKings.com
  • Email: Support@DraftKings.com
  • Employees: 100+
  • Offices: Boston (HQ) and New York City
  • Funding: $76 Million
  • Countries Allowed: United States and Canada
  • Restricted Regions: Arizona, Iowa, Louisiana, Montana and Washington

See a DraftKings October Promo Code on ESPN?

A promo code on DraftKings is used to track a player to a certain affiliate or advertiser. We would love it if you would use our promo code GEEK when creating your account. Continue reading to see what bonus you will get when using a promo code. I’m not sure what the current ESPN October promo code is for DraftKings, but you will get the same bonus by using the code GEEK.

More About DraftKings

After talking with an employee at DraftKings – they accept residents of Quebec, Canada now. That’s big news, as most DFS sites restrict Quebec players. Unfortunately, players in several US states are unable to play for real money. Even though you may hear ESPN advertisements in the restricted states, you still can’t play on DraftKings.

Sign-up to DraftKings and earn a $600 deposit bonus a $3 free ticket. Use promo code GEEK when creating your account. The match bonus is 100% on first deposit. For example deposit $100 and get a $100 bonus, or deposit $600 to get the maximum bonus. The funds will be released into your account as you enter more contests. The $3 ticket is issued immediately upon first deposit.

Opening an account at DraftKings is a breeze and requires zero personal information.

Join DraftKingsThe screenshot on the left displays the DraftKings registration form.

The following information is required:

Username
Email
Password
Country
State/Province

Your state isn’t showing up on the list? That means your region is restricted from playing real money DFS contests. I’ve listed the restricted regions above.

Once you register an account you’ll be brought to the welcome bonus page. All of the bonuses are the same (100%) – just the amount varies. If possible, claim the full 100% bonus for up to $600 when you initially join.

New players also receive one free $3 ticket upon completing their first deposit.

The bonus money is credited to your “Pending Balance” – viewable by clicking on your real money balance.

DraftKings will release your pending balance as you earn frequent player points (FPP’s). Every time you earn 100 FPP’s from playing in DFS contests, $1 of your pending balance will be released to your real money balance.

FPP’s can also be used to purchase real money tickets that can be used to enter daily fantasy sports leagues.

There are regular promotions running too, including daily freerolls and refer-a-friend bonuses. DraftKings also excels at running life-changing tournaments with massive prize pools that anyone can qualify for through satellites.

Here are some DFS contests being hosted at DraftKings in 2015.

  • $500,000 MLB Slugfest on opening day – over $300M will be won on DK in MLB this season.
  • Millionaire Maker events for the NFL and PGA (The Masters) – the winner wins $1M in cash.
  • $100,000 March Madness bracket challenge for the NCAA basketball tournament.
  • $2,000,000 Championship Week for the NBA and NHL at the end of the season.
  • $10,000,000 Guaranteed tournament for week 1 of the nfl season. 2 million to first 1 million to second.

That’s just a short list – view all of the massive events at DraftKings and find out how to play in these contests.

DraftKings features list – How to play in DK contests

I love the software at DraftKings, although I’m not a huge fan of the dark colors chosen for the website.

Nonetheless, joining contests and building a line-up is a straightforward process – made easier by the ample features available to DFS players. Let’s start off by taking a look at the lobby and discussing what we see.

Here’s a screenshot of the DraftKings lobby:

 

Join a DraftKings contest.

DraftKings Lobby

Initially, the lobby displays “ALL” contests that are open, but that can be changed using the filters. Select what sport you want to play first using the dropdown menu. There are a few advanced filters, but I don’t use them.

The contest type filters, such as “Guaranteed”, “Qualifiers” and “Head-to-Head” are very useful though.

Once you find a contest click on “Enter” on the right of the main lobby to enter the contest page. From here you can build your line-up. Everything is self-explanatory – you can see your salary cap, required positions and the player pool.

 

Build a DFS line-up.

DraftKings Contest

After building your line-up click on “Submit” to finish joining the contest. You’ll also notice a “Reserve” and “Import” button. Clicking import will allow you to import a previously made line-up with one click.

Clicking on reserve allows you to reserve a seat in the tournament without having to create your line-up at that time.

There are tons of statistics available from the contest page on every player as well. View player stats for the season, a game log of recent performances, injury updates, line-up news, defensive ranks against position and more.

 

View player stats at DraftKings

DraftKings Player Hub

DraftKings also has a great feature called “My Line-Ups” – a page that lists every line-up you have (Active, Upcoming and Completed). You can edit all of your line-ups from this screen with just a few simple clicks.

A player in your line-up at DK can be switched until that player’s game starts. A lot of sites lock line-ups once the first game begins, but DraftKings was the first DFS site to offer late swaps, which has been incredibly popular.

Available contests at DraftKings and sports offered

We’ve seen a recent influx of sports at DraftKings, as they’ve added multiple new sports the past year.

The sports available at DK are NFL, NBA, MLB, NHL, NCAAB, NCAAF, UFC, PGA and soccer (English Premier League and Champions League). That’s a ton of sports and it shows DK isn’t shy about innovation in the industry.

There are a lot of contest types too, but they’re all easily viewable from the lobby. There are huge large-field contests with guaranteed prize pools or head-to-head contests against one opponent, and everything in between.

Here’s a list of the contest types available at DK:

  • Guaranteed prize pool tournaments (GPP)
  • Qualifiers (Satellites)
  • Head-to-Head
  • 50/50
  • Leagues (4+ Players)
  • Multipliers (Triple Up or 3X and 10X Booster)
  • Steps (Play Steps #1 through #4 to win big cash)
  • Beginner contests (Open to players that have played under 50 contests in a specific sport)

I’m a fan of the beginner contests, as they help new players learn the ropes without having to compete against the sharks that play thousands of tournaments per day. You won’t find many sites that segregate beginner players.

Deposits and withdrawals at DraftKings

The great thing about DFS being completely legal is the fact that banking becomes so much easier.

Depositing is straightforward. Use a credit card, debit card, gift card or Paypal to fund your account at DK. All major card providers are accepted, including MasterCard, Visa, American Express and Discover.

If you use a gift card, make sure you keep the card, as payouts will be paid back to the card. Payouts are sent to the card you have on file from depositing. If you use Paypal, you’ll be able to receive Paypal withdrawals as well.

Withdrawals can take up to three business days to process. Please note that withdrawals will first be credited back to your original deposit method, up to the total amount of deposits.

For example you deposit $300 with a credit card. You then win some contests and decide to cash out $500. You choose Paypal as withdrawal method. $300 will be credited back to your credit card as a refund, and the remaining $200 will be sent to your Paypal account.

That will do it for our DraftKings review. Please use the DraftKings promo code GEEK when creating your account. When you do we make money. Without users signing up with our promo code we won’t be able to continue to produce great content.