Over the last couple of years, the sports betting landscape has changed drastically. In fact, there have been numerous operators who have joined the battle for a piece of the market share. Most of them have become established players in the market, while others have given up and left.
DraftKings, however, has a big share of the market and its popularity continues to grow. After they became popular through the daily fantasy sports, they then set their sights on other areas in the gaming world. As the legalization of sports betting took effect, they inserted themselves into the field in a big way.
Now, one of the biggest attractions of DraftKings is their welcome bonus that gives you the opportunity to earn big. As a new user you will receive $25 worth of free bets. In addition, they also offer a 20% match to the deposit bonus, and up to $500. So, if you have been curious about DraftKings and have been wondering how to use it, this is the article for you.
How to get Started
The first thing you need to do is install the DraftKings app on your phone. You can download the app for free from an Android or iOS device. Please note that the scoring app is different from the full DraftKings fantasy sporting app.
Sign up for an Account
Once you have downloaded the app, you will then be required to open up an account. You can do this by simply creating your username and your password. Ensure that you have signed out of the account when you are done so you can be protected from thieves.
Deposit the Funds you Want to Bet with
Managing your account includes tapping on the “My Account,” button and then viewing the funds you have. If you have not added the funds yet, you can add funds from your bank account. They have laid out this process clearly.
The DraftKings app accepts all sorts of payments such as MasterCard, PayPal, American Express, and Discover. You can deposit cash from as little as $25 up to $600. You can also select the “custom,” button in order to specify the amount you want to use.
The bonuses you receive from DraftKings are only released after you have won 100 fantasy points in the contests. However, the deposit bonuses usually expire after four months from creation.
How to Withdraw your Winnings
You can withdraw the money you win on DraftKings account if you have at least $20 on your account. Also, if you deposited money into your DraftKings account, you can withdraw that money as well. If you have other earnings, you can receive your winnings through your PayPal account or through a check that they will send to you.
How to Play the Games
The first thing you have to do is to choose the contest you wish to participate in. There are plenty to choose from and you can also decide to compete with your friends in private contests. Additionally, you can join public contests when you click on “play now.”
You will then be required to create a fantasy lineup of the contestants you wish to play with. DraftKings offers you a list of all the upcoming games that you can choose from. They also offer useful statistics of the games and players, so you can identify those that have the most potential.
You then have to wait for the game date. You can check on the performance of the teams on the app. This is highly encouraged as it helps you watch the previous games to see how well your team has been performing.
Finally, review the results and claim your winnings, if you earned any. Just click on “My Account,” to see how much you have won.
We hope that this gives you some insight into how you can use the widely popular DraftKings app to bet and win some money. Good luck!