The DraftKings Sportsbook app made its name as a daily fantasy sports provider before expanding into the world of online sports betting. Since doing so, it has become one of the more well-known and trusted names in the industry, with sportsbooks operational in a dozen states with Florida likely to join soon.
With its diverse selection of sports (from the NFL to darts and snooker), competitive odds, and its top-notch mobile app, DraftKings is bound to appeal to most online sports betting enthusiasts.
If you are looking to bet with a well-known and respected company, DraftKings may be the place for you.
DraftKings Florida Promo Code For February 2024
DraftKings knows the importance of offering bonuses and promotions to new and existing customers. The current welcome bonus the site gives to new users is a 20% deposit match with a max value of $1000. So, to be eligible for the max bonus, your first deposit will need to be at least $5000.
Terms and conditions will apply.
|DraftKings Florida Promo Code
|Deposit / Match Bonus
|20% match up to $1000
|What States Allow DraftKings
|CO, IL, IN, IA, MI, NH, NJ, PA, TN, VA, WV
|Promo Code Verified For
DraftKings: Bonus And Promotional Grade (2.5/5)
To welcome new customers to the site, DraftKings offers to max their first deposit up to $1000. The potential maximum value makes the deal look enticing. At face value, it’s higher than the maximum value at many competing sportsbooks.
But once you look a little closer, the new bettor bonus is not as good as it seems. It isn’t a 100% deposit match like you will find at most sportsbooks. DraftKings is just matching 20%. So, to enjoy the maximum value, you’ll need to deposit $5000.
The conditions attached to the bonus and the timeframe you have to meet them in are strict, to say the least. Active and experienced bettors will probably have no trouble meeting the conditions within the timeline. But novices? Probably not. To be fair, a novice also isn’t likely to deposit $5000. But if they do, they can risk less money for the same reward at other sites.
As for other promotions and bonuses, DraftKings will offer some nice odds boosts and other things, much like the competition.
The welcome bonus is great for sharps looking to make a big deposit and bet a lot of money in a relatively short amount of time. But if you are not looking to deposit thousands, you can get a better deal from the competition (BetMGM has a bonus bet up to $600; FanDuel offers a bonus bet up to $1000; BetRivers offers a 100% deposit match up to $250).
DraftKings: Odds Vs The Competition Grade (3/5)
Competitive odds are a must for any sportsbook that wants to stay in business. They cannot be too generous (which would cost the book money) or too strict (which would scare bettors away. They need to be somewhere in between, which is the best way to describe the odds at DraftKings.
The odds at DraftKings are competitive, but they are not going to stand out to you. You are more likely to find better odds at another site. But most of the time, they will fall in line with the competition. Just do not expect them to beat the competition.
Overall, the betting lines at DraftKings are good and comparable to the rest of the industry. If you are a “line shopper,” you should always check the odds at DraftKings. But it is unlikely you will find they have better odds than the rest.
The vig tends to lean towards the high side (compared to the competition), as well.
DraftKings: Market Depth And Variety Grade (5/5)
In this area, DraftKings excels. DraftKings has odds listed for just about every major sport in North America (NBA, MLB. NFL, NCAAF, NHL, MLS, UFC, etc.) along with a good selection of international favorites (cricket, rugby union, rugby league, Australian rules, soccer, etc.) and niche sports (darts, snooker, etc.).
If betting on the outcome of games is not your thing, DraftKings carries an impressive collection of prop bets on every game in many sports. The site also offers odds on a wide variety of futures bets, as well.
For those that enjoy in-play, live betting—you will love the experience with DraftKings. The variety of bets and the number of games in which it is offered is unparalleled. You will have just as easy a time live betting on the app as you will via your desktop.
If you are not sure what you want to bet on or like the idea of being able to bet on a range of sports, you will love DraftKings. The in-play betting on DraftKings may very well be the best in the business.
DraftKings: Deposit And Cashout Grade (5/5)
Online banking and banking options, in general, are vital to the operations of any sportsbook. DraftKings provides users with some options when it comes to making deposits or withdrawals. Deposits can be made via the following methods:
- ACH/VIP preferred e-check
- Online banking
- Play+ prepaid cards
- Debit/Credit cards
- Cash at the casino cage (in states where the online sportsbook has a retail partner)
Sportsbooks will often offer fewer options for withdrawals and DraftKings is no different:
- ACH/VIP preferred e-check
- Online banking
- Play+ prepaid cards
- Withdrawal at the casino cage (where applicable)
If you made your deposit via PayPal, DraftKings will process your withdrawal with PayPal as well. But if you did not use PayPal for your deposit, you may not be able to use it to process a withdrawal.
The variety of options and convenience of them compared to the competition is about the same. In some cases, a book may offer an option or two that DraftKings does not. But with what DraftKings does offer, everyone will likely find at least one option they can work with.
DraftKings Florida: Mobile App Grade (5/5)
Convenience and mobility are things many bettors look for in an online sportsbook. They want to be able to bet on the go, whenever they wish, and without trouble. If you have a reliable internet connection or data via your mobile plan, you will like the DraftKings mobile app.
It is available for iOS and Android users. iOS users can find it in the Apple App Store. Google only recently started allowing gambling apps in their store, and DraftKings Sportsbook is one of them. But you can still find a link for the Android version on the site if you do not want to get it from the Google Play Store.
As for betting via the app, the process is smooth and easy. The app is easy to understand and navigate along with being quick and responsive. Some have complained about the aesthetics of the app. But what is more important: being easy to use or pretty?
But when it comes to the competition, the DraftKings app is among the best of them if not the best of them. If you can get past the low aesthetic value of the app, you will be hard-pressed to find one easier to use.
DraftKings Florida: Overall Grade (4/5)
If you are looking for an online sportsbook with a great mobile app, plenty of betting options (variety and depth), and competitive odds, then you will be quite happy with DraftKings. However, if you are looking for a little more you may be disappointed.
DraftKings seems to rely on name recognition to attract new business. Their welcome bonus is certainly lackluster compared to most and the vig can be a little high compared to the competition.
It is a good site overall with a great app, but it would be nice if they showed more interest in attracting new customers and retaining existing ones.
Is DraftKings Legit?
While there are many factors new customers will want to take into consideration before signing up with DraftKings in Florida, they all boil down to one thing. Is DraftKings legit? The following are reasons why you know that it is:
DraftKings is a publicly traded company. If it were anything other than legit, the stock price would dive, and the company would likely go under.
DraftKings is currently active in 11 states and is expected to launch in more soon. There is no way a company that was not legit could be as widespread as DraftKings is.
DraftKings does not make money depending on whether you win or lose. Since the company has no skin in the game, there is no reason to even think that DraftKings is anything other than honest.
If DraftKings was interested in maximizing profits, the company would not have as many methods as it has for users to limit their betting/access.
The number one reason why DraftKings (and just about any other sportsbook) can be considered legit is this—you can win money and get paid. The company operated for years as a daily fantasy provider before delving into the world of online sports betting.
Between its daily fantasy options, the sportsbook, and in a few states a casino, DraftKings has an excellent track record for paying winners.
Why Choose DraftKings Over Illegal Betting Sites In Florida?
Online sports betting is not a new concept to gamblers in the US, but legal online sports betting is. As more states make it legal, bettors are faced with a conundrum. Do they go with the illegal, offshore book their buddies rave about or one of the many legal sites like DraftKings?
Now, betting with an offshore sportsbook is illegal. But it is not something that law enforcement agencies tend to target and prosecute. However, as more states start to legalize and see that they could generate more revenue if they shut down the offshore books, they may start.
All it will take is one state deciding they want to cut the illegal sportsbooks out of the industry. Then, they all will.
The legality of it is only one of the issues. Betting with legal sites is safer. Legal sites are going to be subject to quality standards and regulations. If they fail to meet them, they put their business at risk—so they do not.
Offshore sportsbooks are unregulated and not subject to regulations, quality standards, or oversight. If something goes wrong, you are at the while of the parent company for recourse. The lack of any sort of quality standard could mean their version of online security is minimal, and not too difficult for hackers to beat.
It is also not unheard of for offshore books to drag their feet when it comes to processing withdrawals. In some cases, it may be because it simply takes longer to process international banking transactions.
But do you really want to hope that is the reason or would you rather know your money is coming?
Why go with DraftKings over an illegal, offshore site? It is legal, it is safer (money and information), and because you want to get paid in a timely fashion.
Why Can You Trust DraftKings With Your Money?
Great odds and generous promotions mean little if customers cannot trust a sportsbook to keep their money safe. By their own words, DraftKings “maintains a comprehensive security program based on industry standards and best practices. All confidential information is safeguarded by SSL (Secure Socket Layer).”
In the site’s Help section, on the Account Security page, DraftKings offers some suggestions customers can follow to help ensure online security, mostly in regard to your password (not sharing it, using a strong one, not using the same one as another account, etc.).
However, not only will DraftKings security measures protect your money, but the security protocols of the vendors they work with will all have security measures of their own. DraftKings will likely insist they meet a certain standard of security.
Does that mean you can trust them? It means they are doing what they can within reason to keep your money and your information safe from hackers, much like every other online sportsbook in the US.
DraftKings Florida Fact Sheet
|How old do you have to be?
|21 (most likely)
|What states is DraftKings legal in?
|NJ, IN, VA, PA, IL, CO, WV, TN, IA, MI, MS, NH
|Who is DraftKings' partner in Florida?
|Launch date in Florida
If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI/VA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA). 21+. NJ/PA/WV/IN/IA/CO/IL/TN/MI/VA only.
1-800-522-4700 (FL). Licensed by the Florida Gaming Control Commission. Eligibility restrictions apply. See draftkings.com/sportsbook for details.
DraftKings Sportsbooks Florida – FAQs
Not yet. The state recently came to an agreement with the Seminole tribe regarding online sports betting, but there are still some regulatory hurdles that the state must overcome to make it legal.
When you want to withdraw some or all your winnings, you will need to request a withdrawal. DraftKings will send the money via the same method of your last deposit up to that amount. Additional funds will be sent via PayPal or check.
Since that is the rule in every other state, it is probably safe to assume users will have to be located in Florida to place a bet with their DraftKings Florida account.
The best way is the one which you are the most comfortable with using. DraftKings offers the following online banking methods for deposits:
- Credit card
- Debit card
- Bank transfer
- Wire Transfer
- DraftKings gift card
- In cash at the casino cage (where applicable)
- Play+ Prepaid
DraftKings offers customers a free bet of up to $100 when they refer a friend. New users can get 20 percent of their first deposit matched, up to $1000.
Since DraftKings offers it in other states, it stands to reason the site will offer it in Florida.