DraftKings is a popular daily fantasy sports and sports betting platform that offers users the chance to win big while enjoying their favorite sports games. With a wide range of sports leagues available and various betting options, DraftKings has become a top choice among sports enthusiasts. If you’re new to DraftKings or looking to improve your betting skills, this article will provide you with a step-by-step guide on how to bet on DraftKings.
1. The Basics of DraftKings
Before we dive into the details of how to bet and play on DraftKings, it’s important to have a basic understanding of how the platform works. DraftKings was founded in 2012 as a daily fantasy sports platform, allowing users to draft virtual teams and compete for cash prizes based on the real-life performances of their chosen players. In recent years, DraftKings has expanded to include sports betting, giving users the opportunity to place bets on various sports events.
To get started on DraftKings, you’ll need to download the DraftKings Sportsbook & Casino app, which is available for both iOS and Android devices. Once you’ve downloaded the app, you can sign up for an account and start placing bets. Let’s take a closer look at the steps involved in signing up and betting on DraftKings.
2. How to Sign Up on DraftKings
To start using DraftKings, you’ll need to create an account by following these simple steps:
Step 1: Download the DraftKings Sportsbook & Casino App
As mentioned earlier, the first step is to download the DraftKings Sportsbook & Casino app from the App Store or Google Play Store. Once the app is installed, open it and click on the “Sign Up” button.
Step 2: Create a Username and Fill in the Required Information
Next, you’ll be prompted to create a username and password for your account. Make sure to choose a strong password to keep your account secure. You’ll also need to provide your email address and date of birth.
Step 3: Verify Your Identity and Age
DraftKings requires users to verify their identity and age before they can start placing bets. To do this, you’ll need to have a valid driver’s license or state ID. Using the app, scan both sides of your ID and submit it for verification.
Step 4: Enter Your Social Security Number (SSN)
Since DraftKings is a regulated platform, they are required to collect your SSN for tax-filing purposes. Your SSN will also be used to verify your identity and ensure that you are of legal betting age.
Step 5: Enter Your Phone Number and Agree to the Terms and Conditions
Next, you’ll need to provide a valid phone number and agree to the terms and conditions of using DraftKings. Make sure to read through these carefully before proceeding.
Step 6: Deposit Money into Your Account
Once your account is set up, you’ll need to make a deposit to start placing bets. DraftKings offers various payment methods, including credit/debit cards, PayPal, and online banking. Choose the option that works best for you and add the desired amount to your account.
Congratulations, you’re now ready to start betting on DraftKings!
3. How to Play on DraftKings
Now that you have an account and have made a deposit, let’s take a look at how to place bets on DraftKings.
Step 1: Select a Sports League
After logging into your DraftKings account, you’ll see the app’s home screen with a list of available sports leagues. These include popular options such as NFL, NBA, MLB, and NHL, as well as lesser-known leagues like WNBA and KHL. Choose the league you want to bet on by clicking on it.
Step 2: Choose a Game and Bet Type
Once you’ve selected a sports league, you’ll be redirected to a page with a list of upcoming games. Click on the game you’re interested in to see the available betting options. DraftKings offers a wide range of bet types, including simple game bets (moneyline, spread, and totals) and alternative spreads/totals.
Step 3: Input the Amount You Want to Bet
After choosing your preferred bet type, you’ll need to input the amount of money you want to wager. The app will calculate your potential payout based on the odds of your chosen bet.
Step 4: Confirm Your Bet and Select “Place Bet”
Once you’re satisfied with your bet, click on the “Place Bet” button to confirm. You’ll receive a confirmation screen with all the details of your bet, including the potential payout. Review these carefully and click on “Confirm Bet” to place your wager.
Step 5: View All Current Bets and Manage Your Wagers
To keep track of your bets, navigate to the “My Bets” tab on the app’s home screen. Here, you can view all your current bets, including any in-progress or completed wagers. You can also use this section to manage your bets, such as cashing out early or adding more funds to a live bet.
4. Tips for Betting on DraftKings
Betting on DraftKings can be an exciting and profitable experience if done correctly. Here are some tips to keep in mind when placing bets on the platform:
- Familiarize yourself with the rules and regulations of the specific sport you’re betting on.
- Do your research and stay up to date on the latest news and developments in the sports world.
- Set a budget for betting and stick to it. Avoid chasing losses by placing larger bets than you can afford.
- Take advantage of promotions and bonuses offered by DraftKings, such as risk-free bets or deposit matches.
- Consider using a betting strategy, such as spread betting or moneyline betting, to increase your chances of winning.
5. The Benefits of Using DraftKings
There are several reasons why DraftKings has become a top choice for sports enthusiasts looking to place bets. Some of the benefits of using DraftKings include:
- A wide range of sports leagues and betting options available.
- Easy-to-use app with a user-friendly interface.
- Various payment methods accepted, including credit/debit cards, PayPal, and online banking.
- Fast and secure transactions.
- Multiple promotions and bonuses for users.
- Reliable customer support available 24/7.
6. Conclusion
DraftKings offers an exciting and convenient way to bet on your favorite sports games. With a simple sign-up process and a user-friendly app, it’s easy for anyone to start placing bets and potentially win big. Remember to always gamble responsibly and use the tips and strategies mentioned in this article to make the most out of your DraftKings experience. Happy betting!