DraftKings Fantasy Sports Review
Although sports betting remains one of the top pastimes in the country, its sure has seen a lot of competition lately. Primarily, the competition has come from daily fantasy sites where users can win huge piles of cash. While you could argue that this is merely a variation on sports betting, some avid users of DraftKings may disagree with you there. They may try to tell you that excelling in fantasy sports for cash requires users to possess a completely different skill set, and that it completely changes the way you watch a game.
The truth is, they may very well be right, and it could be a huge reason DraftKings has grown exponentially in popularity over the past couple of years. The following page will take an intimate look at some of the inner workings of the site as well as answer any pertinent questions prospective users may have. By the time we are done with you, you’ll be ready to earn major money fielding the ultimate fantasy team!
Since the daily fantasy sports format is not technically considered a wager on the outcome of a game, according to the US law, this removes elements of “chance” so that daily fantasy sports may be considered a game of skill.
All federal laws that affect sports betting do so on the basis that betting is a “game of chance,” rather than one of skill. Therefore, these sports betting laws have no bearing on DraftKings. As legal enterprise that operates out of Boston, MA there are no worries for any users that fear and legal prosecution for signing up with this legal daily fantasy sports site. All winnings earned through playing on the site are done so 100% legally, and they are delivered back out to their players through services like PayPal or through a paper check. Since DraftKings does not deliver funds via an EFT (Electronic Funds Transfer) they avoid any messy hang-ups with the Unlawful Internet Gambling Enforcement Act (UIGEA) which can mandate rules for transactions even for games of skill.
As a US based company, most of the United States and Canada may sign up with DraftKings who operate as a legitimate business. While it’s true that DraftKings is in full compliance with all US sports betting laws that related to contests who regularly award cash prizes, there are a few state laws where DraftKings is not in compliance. For this reason, residents of Arizona, Iowa, Louisiana, Montana, or Washington are unable to sign up with DraftKings due to state legislation. While there is nothing that the site can currently do to accept these residents, those who reside in these five states may contact their local government officials if they wish to see a change in the policy.
The only other clause for enrollment into DraftKings is the minimum age one must reach in order to play at the site. The age will vary from state to state and goes hand in hand with the pari-mutuel betting age. In most every case, the age to play is 18. The only exceptions are Alabama and Nebraska, where residents must be over 19 to sign up and play with DraftKings.
Of all the ways to make money betting on sports over the internet in any capacity, DraftKings is among the most reputable. Since it operates right here in the US out of Boston, Massachusetts players are assured their money is not going far. Beyond that, the site supports PayPal as a form of payment, which assures that any money deposited into the site is guaranteed to come back out.
The nature of the scoring in contests and the outcomes of tournaments and head-to-head matches ensures that all players enter on a level playing field and the skill level in each participant is the deciding factor between wins and losses.
These two factors combine to offer a safe online sports environment for players looking to win real money, just so long as they remember not to wager more than they can afford to lose. Even if you’re only relying on your own skill, there’s no such thing as a sure thing!
Read More: Are Online Sports Betting Sites Safe For Players in the U.S.?
The sign-up process with DraftKings fantasy sports could not be simpler. When you decide that you’re ready to take the plunge, you need only find the link to create a new account located at the top of the page and then enter some very basic information. Once DraftKings can confirm you do not reside in one of the states that the site does not accept, you will be a fully-fledged and official member as soon as you confirm your email address. Signing up with DraftKings is free – never trust a third party agent who claims to start an account for you for a small fee.
Since DraftKings is a legitimate business that will not send out agents to break their customers’ legs if they can’t pay up what they owe, DraftKings requires that all its members maintain an account with funds to be used on the website. While some may perceive this as a minor inconvenience, it’s actually a favor to the player in that it makes it impossible for them to bet money that they do not have.
The two major ways to deposit into your DraftKings account are through any major credit card or through a PayPal account. Either of these methods are able to provide maximum security of your financial information and you will be able to fund your account within seconds. This speed is crucial when time is limited and you only have a matter of moments to assemble your squad. One great asset to playing with a site that is based right here in the United States is the simplification of the financial process.
DraftKings is about more than merely providing an incredible product for sports fans to make a good deal of money off of – they want to provide the best experience possible for all of their users. More than that, they are confident that they can do so. This is why DraftKings is not afraid to lure in members with some of the best deals and promotions in the daily fantasy business.
While the deals will always depend on the season, we can guarantee you this: there is always an opportunity to win huge prizes for just a little money. One of the most popular DraftKings tournaments is the step up tournaments. When you enter for just $2, as long as you place, you elevate to the next tier. Do this just a couple more times and by the time you’ve played in four tournaments, you could have turned your $2 entry into a $1000 prize.
Whether it’s baseball season, football season, hockey season, or anywhere in between, be sure and keep a close eye on the promotions tab at DraftKings for your chance to win big week in and week out.
When it comes time to build a team and take it on the field to win some serious bucks, anyone who has every taken part in fantasy sports should feel that the format is familiar to them.
The key difference in DraftKings is that instead of a mere draft order; you have a “salary cap” under which to build your team. In this system, players who have a higher chance at a solid output are given a higher cap hit, whereas dark horse candidates are cheaper. This makes it impossible to assemble a team of super stars, rather players are forced to choose where to spend strategically. Once your team is assembled, point values are assigned to them based on how they perform in real life. The overall score from all of the players you buy for that week constitute your team’s final score for the week.
When it comes to sports to play at DraftKings, the options are limitless. Of course fantasy football, basketball, and hockey are all available, but DraftKings players can also take part in fantasy golf, soccer, mixed martial arts and even NASCAR. When it comes to choices and ways to win, no one puts DraftKings in a corner.
Once you’ve assembled a team within your salary cap you’re confident will perform well on the field, it’s time to trot your creation out to some competitions in order to bring in some money. There are many ways to win at DraftKings, including guaranteed prize pool tournaments, promotional tournaments, qualifier tournaments, or head-to-head matchups.
For both guaranteed prize pool tournaments and promotional tournaments, (as a rule of thumb, all seasonal promotional tournaments are guaranteed prize pool tournaments that are open for a specific set of days or weeks) you take your team out to battle amongst a large field of competitors. The entry fee for these tournaments will directly correlate to the amount of prize money on the line. The specific prizes could vary from tournament to tournament, but generally, the top five or ten players will receive a share of the prize pool.
Qualifier tournaments operate in much the same fashion, but the prizes differ from mere cash rewards. In these contests, players typically compete for a real world prize other than cash, such as tickets to a major sporting event, or an invitation to a major DraftKings tournament with a much bigger prize.
Head-to-Head matchups offer the best chance at winning because you are only going against one other player. These matches are winner take all, and a high stakes head-to-head game can be one of the most exciting events in all of fantasy sports.
When it’s time to finally pull out your winnings from your DraftKings account, this site makes the matter easy as pie. While federal law prohibits DraftKings from refunding any amount over your initial deposit directly back to your credit card, users may still utilize one of two certified and secure methods.
Players can choose to receive their payout in the form of a certified check that mails out directly to their home, or they may once again utilize their PayPal account to pull out their funds. While PayPal offers instant gratification from this legal daily fantasy site, many players prefer to avoid the extra fees incurred by PayPal themselves and wait the few business days for a check to arrive in the mail.
DraftKings is one of our favorite legal USA betting sites to play fantasy sports for real money. We hope that we covered most of the important point in this review, but we have found that some US players still have questions about DraftKings after reading this article. We have included some of the most popular ones below.
Why Are Fantasy Sports Considered Games of Skill?
Every game will have a certain element of chance to it, but the determination is whether or not a game is more or less than 50% reliant on chance. While the players have no control over what happens on the field and injuries may always occur, the Supreme Court decided that the act of choosing a team within a specific set of parameters (like the salary cap at DraftKings) warranted fantasy sports as more of a game of skill than chance.
What Other Features Does DraftKings Offer?
In addition to daily and weekly tournaments for real money, DraftKings also offers several year-long leagues. Players can also choose to participate in “free rolls” that don’t cost anything and are for minimal prizes or just for fun. We like winning money – but for those who are not a fan of the daily fantasy format, there are plenty of ways to stay entertained on DraftKings.
I’m experiencing a problem with my account, or the site platform itself.
While we cannot troubleshoot your account or PC for you, we can point you in the direction of people who can. The customer service team at DraftKings is the best in the world, and they are always available via live chat on their website or through email.