Draftkings $500 Free Bet
Get a deposit bonus up to $1,000 with DraftKings Sportsbook Colorado Bet Types. DraftKings offers every bet type you could imagine — and with how creative the company has shown itself to be in the DFS side of things, it seems likely that it will create new ways to bet in the future too. As of now, you can place bets. .Reward tiers are as follows: $3, $10, $100 and $500 are awarded as site credits and can only be used on DraftKings. $1,000, $10,000 & $25,000 are issued. View Full Terms As the Official Daily Fantasy Partner of the NFL, DraftKings is the best place for all of your fantasy football action. Play free for $1 million with your first deposit. SIGN UP SIGN IN. FAQ; SIGN IN; All players get a deposit bonus up to $500. Plus, new users get a risk-free bet up to $200. New Users claim your bonus here Sign Up Existing Users claim your bonus here Sign In. Betting on the DraftKings. But with the 500 dollar free bet you only get the winnings from the bet. So if you place the 500 dollar free bet on a -200 line and it hits, you will only get 250 dollars back. Which means overall you would have.
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DraftKings Daily Fantasy Sports
It took less than a decade for DraftKings to become one of the biggest names in daily fantasy sports. In 2019, they made over $300 million in revenues and awarded millions per week in DFS contests prizes. In this review, we’ll give you a run down of all the Draftkings promo offers from their various sites.
DraftKings Promo Code: Claim $500 DFS Bonus
The DraftKings DFS site offers fantasy footballers $500 in new player bonuses. However, there are some limitations. First of all, they only match your deposit up to 20%. Therefore for a $100 deposit, the bonus amount is $20. Furthermore, the Drafkints promo does not go directly to your account. Rather, for every $25 played on DraftKings DFS, Sportsbook, or Casino, the you will receive $1 in bonus funds released to your account.
Below, we’ll list the various Draftkings promotional codes.
DraftKings Site | DraftKings Bonus | Draftkings Promo Code |
---|---|---|
DraftKings DFS | %20 deposit match bonus up to $500 | SAVE |
DraftKings Sportsbook | %20 deposit match bonus up to $1000 | WIN |
DraftKings Casino | 100% deposit match up to $1,500 + $10 no deposit bonus | N/A |
DraftKings offers players a variety of competitive bonuses with these promo codes.
What is DraftKings
DraftKings is one of America’s top platforms for daily fantasy football and other fantasy sports. Since 2012, they have offered daily/weekly competitions in 15 sports/leagues.
Some of the daily fantasy options available on Draftkings:
- NFL DFS
- NBA DFS
- PGA DFS
- MLB DFS
- NHL DFS
- MMA DFS
- NASCAR DFS
- College Football & Basketball DFS
Draftkings also offers fantasy sports in more exotic markets. The options include e-sports, where you can draft your own League of Legends, or Rocket League Lineups, Tennis, and Aussie Rules.
However, there’s more to DraftKings than daily fantasy sports. In August 2018, they got into the sports betting industry, opening their first book in New Jersey. On top of this, they also added an online casino in December 2018.
How To Play Draftkings Daily Fantasy Sports
Here’s how they work. Let’s say you are playing NBA DFS. You start by selecting your daily fantasy basketball lineup from the available player pool. Then you can watch NBA live and follow your players’ performance. The more points your NBA lineup scores, the more fantasy points you earn.
If you are a casual player who doesn’t follow power rankings or spend time reading player news, there are also DFS tools for crafting your starting lineups. For example, the NFL lineup optimizer provides you with the optimal DFS NFL lineup according to the sites metrics.
Popular DrafKings Contests
DraftKings contests can be divided into two categories: Cash games and Tournaments.
DraftKings Daily Fantasy Cash Games
In cash games, you buy in, and if you win, you’ll get your stake back doubled. There are two distinct cash game categories, 50/50s and Head to Heads. In 50/50s the goal is to place in the top 50% in a given field. So if there are 1,000 players in a daily fantasy football cash game with a $10 buy-in, everyone from rank 1 to 499 wins $20.
Head to Heads work similarly to 50/50s, but you only compete against one other player. In both formats, just remember that you are looking for a team that has the least potential for dropping points. The lineup optimizer works well for cash contests as it provides you with the optimal lineup.
DraftKings Daily Fantasy Tournaments
In Tournaments, you try to rack up as many points as you can. Generally, only the top 20% ranked players receive a prize, and all the real money goes to those placing in the top 5%. Winning a big tournament is the dream of fantasy footballers everywhere, as the top prizes are are in hunderds of thousands, sometimes in millions.
Popular Draftkings Daily Fantasy Tournaments 2021 include
- 2020 Fantasy Basketball World Championship
- 2020 Fantasy Baseball World Championship
- 2020 Fantasy Golf World Championship
- 2020 Pro Football Pick’em Championship
To score big in tournaments, you should look at ownership projections. Ownership projections estimate the number of DFS players who are likely to choose a given athlete. As it’s almost impossible to win tournaments by choosing the same players as everyone else, you should go for some outsiders as well. They could be your best value play.
DraftKings offers 2,000,000 in prizes for the daily fantasy football players.
Is DraftKings legit?
But, is all of this legal? It depends on where you live. Some state regulators impose conditions on daily fantasy sports providers. In these jurisdictions, DraftKings operates within the bounds of the law. Other states do not allow DraftKings to operate. If you live in one of these places, DraftKings will (sadly) not allow you to create an account.
In states where DFS exists in a legal grey area, DraftKings is usually available. Whenever their legitimacy has been in question, DraftKings has asked the courts for their opinion. For this reason, we have no doubt that your money is safe with DraftKings.
DraftKings Sportsbook
In 2018, PASPA, or the Professional and Amateur Sports Protection Act, was struck down by the Supreme Court. This ruling swung the door wide open for legalized sports betting across the United States.
DraftKings was among the first in the pool, opening up their first sportsbook in New Jersey in August 2018. Since then, they have expanded their operations to cover more than seven states. With 25 other states having tabled sports betting legislation, that number is sure to grow.
What is DraftKings Sportsbook like? They offer betting markets in a broad slate of domestic and international leagues – the possibilities are endless. Their betting dashboard has a clean, easy-to-navigate design, and regular promos, like odds boosts, will keep you coming back.
DraftKings Casino
When your games wrap up, the fun doesn’t have to stop. If you live in New Jersey, West Virginia, or Pennsylvania, you’ll also have access to DraftKings Casino. This outfit launched in December 2018 with a small number of games, but since then, selection has improved considerably. With hundreds of slots and dozens of table games to choose from, you’ll have plenty of ways to entertain yourself.
Signing Up for a DraftKings Account
Ready to give real money gaming on DraftKings a try? Head over to DraftKings.com, and then click the “Sign Up Free” button on their promo offer. Fill in the fields, or simplify things by using your Facebook account instead.
Once you have done this, hit the “register” button. At this point, you can choose to play in a freeroll. To participate in most Draftkings contests, though, you’ll need to pay an entry fee.
Making a Deposit
Fortunately, DraftKings makes depositing easy. To put money on DraftKings, choose from one of the following options:
- Credit Cards (MasterCard/Visa/Discover/American Express)
- Debit Cards
- Gift Cards (MasterCard/Visa/American Express)
- PayPal
Note that these are the options available for players who want to participate in DraftKings’s DFS contests. In states where their sportsbook or casino is available, you can deposit via bank transfer, e-checks, and other methods.
Credit/debit card deposits are the most straightforward. Just enter your card details, and within seconds, you’ll have a bankroll online. However, do note that “DraftKings” will appear on your monthly bill/statement.
If this is problematic for you, we recommend depositing via gift cards or PayPal instead. When you use PayPal, its name will appear on your statement instead of DraftKings. To deposit using a gift card, purchase one at a local retailer. Then, use the code on the card to deposit on DraftKings.
How to Withdraw
So, you won a big cash prize on NFL DFS – awesome! When it comes time to enjoy your winnings, DraftKings provides the following withdrawal options:
- Credit Cards (MasterCard/Visa/Discover/American Express)
- Debit Cards
- Gift Cards (MasterCard/Visa/American Express)
- PayPal
- Paper Check
DraftKings DFS has a weird withdrawal process. If you want to withdraw your winnings, they will refund the original amount you deposited via your original deposit method. That means if you deposited via credit, debit, or even gift card, you’d get a refund.
Then, DraftKings will send the remaining amount (i.e. your profit) to you via PayPal or paper check. After DraftKings approves your withdrawal, it will take 2-8 business days to arrive in your PayPal account. Paper checks under $2,000 and all checks sent to a P.O. Box takes 2-3 weeks to arrive. If you request delivery via FedEx, expect delivery within 1-3 business days.
Note that payments are processed Monday through Friday at 9 AM to 5 PM ET.
DraftKings on Mobile
DraftKings has three distinct apps: DraftKings DFS, DraftKings Sportsbook/Casino, and DraftKings Live. All three have versions for iOS and Android.
The DK Live app offers all the insight you’ll need to make sound wagering decisions.
You can easily find their iOS apps in the App Store by searching for “DraftKings.” However, you cannot do the same for Android, as Google prohibits real-money gaming apps in the Play Store.
Draftkings $500 Free Bet Odds
If you have an Android device, start by visiting DraftKings.com. On this site, you’ll find the download link for the DraftKings DFS app.
The DraftKings DFS app allows you to join daily and weekly competitions on the go, and the sportsbook app offers the same functionality, but on traditional betting markets. Lastly, the DraftKings Live app isn’t a gaming app, but a source of information. It provides in-depth analysis of player performance to help with your DFS projections.
DraftKings Fantasy FAQ
Yes. DraftKings DFS, Sportsbook, and Casino are real-money gaming sites. DFS Players who finish 'in the money” in a DFS competition win a cash prize.
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If a sportsbook wager goes your way, you’ll get paid according to the odds. And if you get lucky in the DraftKings Casino, you can emerge with a profit.
Yes. They operate in accordance with gaming laws in the states where they serve customers. Even in states where DFS exists in a legal grey area, they have sought the opinion of state courts. In states where DFS, sports betting, or casino gaming are prohibited, they do not operate.
We are not experts in DFS picks, but what we can tell you is to adjust your lineup picks to the contest type.
For tournaments, we recommend choosing players that have a high scoring potential, and for daily cash games we recommend those who are certain to always score some points.
Yes. DraftKings DFS occasionally runs freerolls. To find them, sort contests by entry fee so that they are sorted in ascending order. This way, you’ll be able to easily find contests with a $0 entry fee.
Yes. DraftKings and FanDuel are the biggest ones, but there are other popular sites as well, like Monkey Kinfe Fight and Yahoo DFS.
Run Pure Deposit Bonus Offer
$1,000 Sign
Up Bonus
New users only. Broken down into a 25% Deposit Match
up to $500 and a Risk Free First Bet match up to $500.
Deposit Bonus is in DK Dollars and requires 25x play-thru.
USA States Accepted: New Jersey, Pennsylvania, West Virginia, Indiana, Illinois, Iowa, and Colorado
Deposit Match
$1,000 Sign Up Bonus: New users only. Broken down into a 25% Deposit Match up to $500 and a Risk Free First Bet match up to $500. Deposit Bonus is in DK Dollars and requires 25x play-thru. Deposit $2,500 to receive the full bonus.
Draftkings Sportsbook Free Bet
Easy Transition
from DFS
Draftkings $500 Free Bet Sportsbook
DraftKings stepped onto the scene over a decade ago offering daily fantasy sports. Now they offer a SportsBook and Casino to select states. If you already had a DFS account with DraftKings, you can use the same account where funds can be used jointly after payouts.
Countless Betting Options
Few Sportsbooks offer the amount of options DraftKings does in terms of early lines, derivatives and many different props for each game. This allows sports bettors a plethora of options when choosing to make bets on action.
If you or someone you know has a gambling problem, crisis counseling, and referral services can be accessed by calling 1-800 GAMBLER (1-800-426-2537) (IL)
Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA) or 1-800-9-WITH-IT (IN only) or 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only)
*21+. NJ/IN/WV/PA/IA/CO only. Bonus comprised of a first deposit bonus and a first bet match, each up to $500. Min. $5 deposit. Deposit bonus is in DK Dollars which
have no cash value and must be used on DraftKings. Bonus requires 25x Play-Thru. Offer not valid for users physically located in NH. In partnership with Meadows
Racetrack and Casino. Eligibility restrictions apply. See draftkings.com/sportsbook for details.