DraftKings Sportsbook Review

GreatLakesStakes.com

By Richard Janvrin

Chances are the first time you used DraftKings, it was for daily fantasy sports (DFS). But since the betting operator debuted in 2012, it has progressed into a full-fledged online sportsbook that is among the heaviest of hitters in the industry.

And while the DraftKings DFS product continues to be among the best around, its sportsbook isn't far behind. Given its advertising, longevity in the space and ease of use, DraftKings is perhaps the most well-known online sports betting site in the United States. In Michigan, it continues to gain new sports bettors on its platform thanks to its daily promotions, terrific user experience and competitive welcome bonus at sign-up.

ProsCons
+ Odds boostX Bonuses
+ User ExperienceX Rewards
+ Betting Options

DraftKings Promo Code and Bonus Offers

DraftKings' welcome offer is currently a 20% deposit match bonus to $1,000, meaning users will need to deposit $5,000 to maximize that bonus offer. The offer also requires a playthrough, with $1 in bonus funds released to the account for every $25 wagered on DraftKings. Minimum deposit is $5. The requirements must be met within 90 days from the date of the first deposit to maximize the welcome bonus. It's one of the lesser sign-up bonuses we've seen across reviews of U.S. sportsbooks, but it still one bettors will want to take advantage of when signing up. No DraftKings sportsbook promo code is required.

A new player can also take advantage of special promotions that result in bonus funds. Examples include betting $1 to win $100 in free bets if the team you wager on hits a single 3-pointer, or betting $4 on a lower-ranked college basketball team to beat a higher-ranked team to win $256 in free bets. These are prominently featured on the website, but users will still want to keep an eye out for them before they go too far after signing up.

DraftKings Online Welcome Promo for Michiganders

DraftKings SportsbookDraftKings Casino
Free OfferNoneNone
Deposit Bonus20% match, up to $1,000100% match, up to $1,500
Total Bonusup to $1,000up to $1,500
Promo CodeNone, Play Now!None, Play Now!

Additional DraftKings Bonus Codes

DraftKings also offers a terrific online casino in Michigan, and first-time users may use a 100% deposit match up to $1,500. This current promotion expires March 31, 2021. No promo code is required but be sure to read the terms and conditions as there are playthrough requirements and not all games count the same to satisfying those requirements.

Payment Options

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

Deposits and Withdrawals

Like much of the user experience on DraftKings, depositing and withdrawing funds is simple. There's a giant green button on the far right of the home screen for users to make deposits. Users may make deposits (minimum $10) with credit or debit cards, online banking from your checking or savings account, PayPal, Play+, PayNearMe, wire transfers (including ACH) and even a DraftKings gift card. With nearly a dozen options, there's a way for everyone to make a deposit with DraftKings.

While it is more difficult to find the withdraw option – you will need to go to your account settings and click the "withdraw" button placed low on the left rail – the process is simple from there. Withdrawal times can be up to 5 days electronically or 10-14 days via mailed check, but the former usually goes quicker than that. As is typical in the industry, there is a waiting period for withdrawals, but once approved, PayPal and Play+ provide near-instant access to your funds. You can't withdraw back on to a credit card.

Users also have the option to set limits and cooldown periods for themselves under DraftKings' Responsible Gaming provisions, which also contains resources for those who are concerned they may have a gambling problem. That's also an easy-to-use and easy-to-find feature on the website that bettors can take advantage of at any time.

Sports to Wager on in Michigan

In addition to major sports such as professional and college football, professional and college basketball, hockey, soccer and golf, DraftKings bettors have the option to gamble on sports that include UFC, MMA, motorsports such as NASCAR, boxing, cricket, rugby and even darts.

DraftKings shows all available sports on the left rail of its home page, and it also elevates the most popular live or upcoming events to the top of that rail. It takes this a step further by noting with a green symbol the sports that also have odds boosts attached to them, making it easier for bettors to find value throughout the site on a sport they may or may not be considering betting on.

Whether the Lions are gearing up for a Sunday Night Football matchup with the rival Bears, or the Tigers are going for a sweep in Minnesota, or if you're a bettor looking to switch things up on a slow day with a more obscure betting option or betting market, DraftKings has you covered. There's something for everyone at all hours of every day.

Types of Contests on DraftKings

As one of the premier U.S. online gambling sites, DraftKings has all the standard betting options on any given games. These include moneylines, point totals, spreads and alternate spreads, player and team prop bets, exact scores, winning margins and parlays.

But DraftKings doesn't stop there. Its “promotions” tab on the banner of its website unveils a host of contests and features for users. Among them, free-to-play pools that award cash prizes, profit boosts on major sporting events and mystery boxes that give users different boosts based on luck. It is constantly rolling out new features, so make sure to stay on top of its constantly changing and improving promotions tab.

DraftKings Sportsbook Features

DraftKings is a full-service sportsbook that features all the typical betting options you'll see at all major Michigan sportsbooks. DraftKings' seamless and quick website and mobile app make these features easy to use for a fun, rewarding betting experience. Among the top features:

Live Betting

Don't just place your bet and close out DraftKings sportsbook app! Like many major sportsbooks, they offer live betting odds on just about all in-game wagers. Live spreads, live totals and live moneylines are available in real time, with DraftKings touting incredibly fast response times that can make a difference between getting a live bet in and missing out.

Cash Out Option

Feeling good about your bet but you're nervous about a potential backdoor cover that results in a loss? Is your bet losing and has no real chance of winning? Good news, as DraftKings has an option on certain bets that allows for bettors to cash out while a bet is still in play. It won't always be available, but the cash out total updates in real time, so bettors will want to pay attention.

Odds Boost

If you're someone who loves to shop for odds and look for deals, DraftKings is the place to be. No other sportsbook offers the amount and versatility of odds boosts than DraftKings, which is constantly throwing favorable odds toward its users. It also doesn't hide those boosts, routinely emailing users about the hottest boosts and even indicating on the home page which sports have live boosts in play. Stay engaged to take advantage.

Same Game Parlay

DraftKings offers same game parlays that allow bettors to combine multiple bets from the same contest to form their own parlay. Not every bet within a game will be eligible for addition into a parlay, but DraftKings' betslip will flag you in real-time to alert you.

User Experience

DraftKings' desktop experience is an easy-to-use, somewhat busy one. Because they've been around for so long and are now established as one of the larger U.S. sportsbooks, they have plenty to offer. That's good for bettors but sometimes tough for navigating. The left rail of all available sports, including the bolded "popular" sports, are a nice touch, and the green megaphone icon indicating a live odds boost is a smart move to draw a bettor's eye. Users always know where they can find the best odds.

Clicking into a particular sport gives users the ability to see live and upcoming games with spreads, totals and moneylines. A sport's page will also list all relevant futures across the top banner, a nice touch for users who want to bet on live games but are also interested in seeing what futures look like. Clicking on a particular sport also gives users the option to bet on leagues around the world in an easy-to-use dropdown menu.

As noted, odds boosts are featured prominently on the site, which isn't always the case with sportsbooks. DraftKings is inviting. Though it can be noisy at times – and the lime-green font can hurt the eyes after a while – the desktop experience is easy for a new player to learn.

Customer support is average on DraftKings. There isn't a 24-hour live chat and users are given the option of reaching out by submitting a form or calling their support number. Times can fluctuate, which can be frustrating for users who are dealing with issues in real time. The DraftKings app largely mirrors the website, which is a plus.

DraftKings Mobile Betting App

You won't have to worry about geolocators acting up on DraftKings' sports betting app. It's one of the strongest features, followed closely by the uniformity it has to the desktop website. All the features are the same, giving users a seamless transition on the go from their phone and tablets. The DraftKings sportsbook app is available on IOS and Android devices.

Signing Up For a DraftKings Account in MI

DraftKings' registration is different than most of the other sportsbooks we've reviewed, but that doesn't necessarily make it difficult. New users will go through the typical steps of creating a username and including an email address, physical address, date of birth and password. Users will have to verify their identity by providing the last four digits of their Social Security number and confirm their location (using geolocation software that's downloaded) to make sure they are in a state where DraftKings is legally operating as a sportsbook if customers want to place a real-money sports bet. Be sure to add the DraftKings sportsbook promo code (if applicable) to collect your welcome bonus, but often no bonus code is needed.

Because DraftKings was around for years in the daily fantasy sports industry before starting a sportsbook, users who have an existing DFS account are already registered for the sportsbook. You will still need to confirm identity and location, but you will not need to make a new user name and password. This is an important step to note, because users who attempt to make a new account with the exact information of an existing DFS account will be locked out of both. We've found that the process of removing that lock is time-consuming and frustrating.

DraftKings Sportsbook Loyalty Program

DraftKings doesn't have an extensive loyalty program, but it does exist. Players can earn tokens called "Crowns" with every bet they make. Those Crowns can eventually be redeemed as promotional dollars anywhere on the site, including on their casino games and daily fantasy sports contests. Customers can also use these Crowns to boost wagers of their choice to receive a higher return on a bet.

Bet Responsibly on DraftKings

DraftKings prominently features a "Responsible Gaming" button atop the rail on the home page. One click on that button brings users to a page with copious resources. Included are a list of phone numbers across the country for users to dial, as well as a host of links for bettors to use including practical tips, gambling myths, the risks associated with gambling and signs to look for if you are worried you or a loved one has a gambling problem.

There's also a section on that page for users to learn about setting limits and cooldown periods withing their specific accounts. There are also email options and phone numbers specific to DraftKings that users can use, with the website making it clear that "customer support will be available 24/7."

Our Expert Opinion on DraftKings Sportsbook in Michigan

We struggle to find anything to dislike about DraftKings. It is one of the best and one of our favorite sportsbooks, from the user experience – you’ll get used to all the green font eventually, trust us – to myriad options for odds boosts, a solid customer support team and the comfort of an established brand. DraftKings continues to carve out a major space in states where sports betting is legalized, including Michigan, and it won't be a surprise to see them leading that charge during the next few years. If there are any notable drawbacks – sign-up bonuses aren't the best and the rewards program is just OK – they aren't enough to sway us. When it comes to Michigan sportsbooks, DraftKings is tough to beat.

FAQ

Yes, DraftKings came to Michigan launched January 2021, just months after the state legalized sports betting.

A bettor must be 21 or older to place a sports bet on DraftKings. Users will need to provide sufficient information for proof of age upon signing up, including Social Security number.

Yes, DraftKings has a full-scale casino that includes casino games such as blackjack, video poker, slots, roulette, keno, live dealer games and much more. Sports bettors can access the casino from DraftKings' sportsbook and DFS home pages, making it a seamless experience, as well as from the DraftKings casino app.

Yes, all gambling winnings – no matter the amount – are considered taxable income and must be reported, according to the IRS.

Yes, you can bet on all college sports in Michigan using DraftKings. Unlike some states such as New Jersey and Virginia, there is no prohibition on betting on in-state schools or college competitions in Michgan.

A bettor can access DraftKings anywhere in the United States but can only place bets in states where DraftKings is licensed by that state's regulatory body. Given DraftKings' huge reach, that means in most states with legal online sports betting.

DraftKings has a "Help" tab on its home screen with an option to "Contact Us" with an email address, submission form or live chat.

Contributors

Richard Janvrin

Reviewer since November 2018

I combine my sports, casino and gambling interests to put new US casino websites through the paces to give consumers an unbiased assessment of every site's strengths and weaknesses.

Interests: Online casinos, Online sportsbooks, Social casinos, Online slots