How Does DraftKings Sports Betting Work?

It is only fair to say that DraftKings is one of the biggest names in the world of sports betting and, with its headquarters based in the United States, it is accessible to U.S. residents. Launched in 2012, the company currently operates in more than 150 countries.

As the name would suggest, the purpose of this piece is to introduce you to the ins and outs of sports betting with KRDS – the official currency of DraftKings – and how to use this special token to compete in their daily fantasy sports games.

How Do I Play?

Simple. Log on to DraftKings and create an account. It only takes a couple of minutes and, once you are verified, you are good to go. From there, you can set up either a new account or log into an existing one.

As a brand new player, you will see a big green button that reads “Try for Free.” Simply click on that and you will be brought to the company’s website. There, you will find a wide range of games, from daily fantasy games to live sports betting.

What Is DraftKings?

To put it simply, DraftKings is a company that offers fans a new way to wager on sports. Launched in 2012, the company allows people to play against others on their phone or computer. Using a combination of skill and luck, players can become winners even when their teams lose. 

Unlike traditional sportsbooks that only offer gambling on a single team or game, DK offers players a range of sports and events, from the NFL and MLB to the NHL and the WNBA. It also provides in-play betting for major sporting events, like the Masters, the Super Bowl, and the World Cup, as well as the regular season and playoffs of the NFL and NBA.

One of the main features that sets it apart from other sportsbooks is its “Auto-play,” a system that predicts the outcome of a game before it begins. What does that mean for you, the player? It means that, regardless of whether you are using their iOS or Android app, your phone or computer will already have the matchup and lines loaded for you. So, instead of having to go back and forth between pages, you will be able to keep up with the action without having to search for details.

How Do I Place a Bet?

Simple. When you find a game that you like, whether it be college football, baseball, or basketball, you can set a wager on the game. Remember, this is all based on probability and statistics, so you will need to have a good understanding of how the game works in order to make the right wager.

On the main menu, under the tab for that particular game, you will see the current line and odds. Simply click on the button with a picture of a cricket that reads “Bet.” That will bring you to a page where you can enter your payment method. You can either use a credit card or a debit card to make your wager, but you have to use one of the two to complete the process. 

Once that is done, you will be brought back to the menu, where you will see the option to select how you want to receive your winnings (if you are a winner). One of the main differences between the desktop and mobile versions of the website is that, on the latter, you will only see the option to have your money deposited into your account immediately or being credited to your account in the future. 

And that is pretty much it. You can either click on the green button that says “Verified” or “Not yet verified,” which will take you back to the login page, or click on the blue button that says “Sign Up.” Not only will that bring you to a page where you can enter your email address, but it will also connect you to a verification email, sent directly to that address.

Is This Online Gambling?

Yes and no. While DraftKings is a company that primarily engages in online sports betting, much like other companies in the online gambling space, it also has a land-based operation in Massachusetts. Therefore, it is not illegal for you to play on their website from your home, provided you meet the legal requirements for online gambling in your state.

Also, keep in mind that DraftKings is a regulated company, so you know that you are playing in a safe and secure environment. Even so, much like other online gambling platforms, their site can still be accessed from the UK, where online gambling is a bit more relaxed, as long as you meet the legal requirements. 

How Do I Connect To The Casino?

To connect to the casino, you will need to click on the green button that says “Sign Up” and enter your email address. Once you are verified, you will be given the option to connect to the casino to play some games or place some bets. Remember, though, this is an option that you have to choose to do so.

Additionally, as a condition of connecting to the casino, you must download the casino’s app to your phone. If you don’t have it already, you can get it from the Apple App Store or the Google Play Store.

Can I Get A Free Chip?

Yes. While you are not required to do so, you can receive a free chip from the casino by making a deposit. Simply click on the button that says “Make A Deposit” and you will be brought to a page where you can enter the amount you would like to deposit. Once that is done, you will see a message that says “Thank You. You will receive [x] free chips.” Don’t forget – these chips are what is known as “cashless chips” and can be used to make wagers or play games. The only way to “cash out” of these chips is with real money.

Most people are familiar with Bitcoin (BTC), the most popular cryptocurrency, so it might come as a bit of a surprise that the casino accepts Zelle, a direct transfer service that is especially designed for people who use debit cards. What is more, if you are using a debit card to make your deposit, you will not be required to use another form of payment to verify your identity. This is called “card holder authentication” and makes Zelle especially useful for people who do not want to risk losing their money if their debit card is stolen.

Can I Deposit Money With A Credit Card?

Yes, you can make a deposit using most major credit cards, including Visa, Mastercard, and American Express. To use a credit card to make a deposit, all you need to do is bring up the credit card menu by clicking on the button with a key icon on it. From there, you can select whether you want to make a regular or cash-advance deposit. Most credit cards allow you to make cash advances, which you might want to consider if you have a large sum of money to deposit.

Also, many credit cards, including Visa and Mastercard offer special discounts and promotions for online gambling. Be sure to enter the special code when making your deposit so you can receive the benefit.

How Do I Check My Account?

To check your account, you will need to bring up the dashboard that contains all of your activity, including deposits, bets, and winnings. Simply click on the link that says “Dashboard” in the top right corner of the screen and you will be brought to the page where you can check your activity.

Additionally, if you are logged in, you will see the option to “Request Funds.” That is the page where you can ask the casino to transfer funds to your account, which is something you can do once you have made a sufficient amount of money. You will not be able to make unlimited cash transfers with a debit card, but you can ask for a higher limit with a credit card.