How Does DraftKings Betting Work?

Everyone likes to have fun when they play sports, but there is also a lot of strategy involved. One way of having fun while being smart about sports betting is with DraftKings. Launched back in August 2015, DraftKings is a mobile and web-based sports betting app that allows users to make high-quality wagers on the go. Using their patented smart betting technology, they produce the results users want while minimizing the risks associated with sports betting.

Features

With over 400 million downloads on mobile (and counting), it’s clear that the app is a hit among users. To entice new users to the platform, DraftKings is offering a $10 free play bonus when you make a qualifying deposit. Additionally, the app provides users with daily fantasy sports contests, daily NHL lines, and college basketball odds. The site also has hundreds of thousands of unique articles and betting guides available to browse through.

How Does The App Work?

The process of betting on sports through the DraftKings app is very simple. After you download the app and create a user account, you will be presented with a dashboard that guides you through the whole process of placing your wagers. Once you have chosen your sport and league from the pull-down menus, you can start entering your team’s statistics. The app will then present you with a variety of betting options that it thinks you might like. Once you choose one, you will see a green button at the top of the screen that will allow you to put your wager on the selected game. Alternately, you can choose to keep exploring the rest of the app’s content or go back and make another wager.

How Do I Play On My Phones?

Since mobile devices are now such a large part of our culture, it only makes sense that sports wagering would become a reality on the go. That is exactly what DraftKings is offering users. Thanks to their innovative app and cutting edge technology, users can place bets on their smartphones without having to worry about losing any money due to low network connections or malfunctioning software.

Minimal Deposit Needed

One of the app’s biggest selling points is how it reduces the barriers to entry for sports bettors. Simply put, you don’t need to deposit large sums of money to get started. According to DocuSignal, DraftKings only requires users to have either a debit card or PayPal account to get going. After that, all you need is a phone number to verify that you are a human being. Furthermore, since the app is completely free, there is no risk of losing money simply because you are a new user. You can also rest assured that your personal information will never be shared with any third-parties.

Risk Management

As we’ve established, there is a lot of risk involved when it comes to sports betting. The major risk comes from losing money due to malfunctions or network connections that are down. To counter this, DraftKings offers several methods of minimizing these risks. For one, their app is fully backed by a team of software engineers that develop and test new features on a daily basis. In addition, the company has invested heavily in state-of-the-art servers that keep track of scores, stats, and the like for all of their games, ensuring that users always have the most recent information available. Another important factor in reducing risk is how they randomize the results of the contests and games. This minimizes the chances of operators rigging the results for their own benefit. For instance, if you are picking a game where one team is heavily favored, it would be wise to avoid that game. Instead, choose one of the many random contests where the teams are approximately equal in skill or strength.

Overall Impressions

Overall, we think that DraftKings does a fantastic job of providing an incentive to wager with them while also removing many of the risks that come with traditional sports betting. Not only does the app make it easy for anyone to get started, but it also provides a safe and secure environment for sports bettors who want to place larger wagers. In our opinion, if you’re looking for a new way to wager on sports, download the DraftKings app today.