DraftKings New York Promo Code & Launch Review 

DraftKings New York sportsbook is live and taking bets online. New Yorkers know this trusted brand and can score a huge welcome offer just for signing up and making a deposit.

This is obviously big and welcome news, and while New York sports betting fans will likely have a bunch of online sportsbook options to choose from, our review will explain why DraftKings NY should be part of your rotation.

As good as the actual sportsbook is, the New York DraftKings promo code makes it even better. Players can access DraftKings New York promo code just by clicking "Bet Now" on this page and that will give them a Get a 20% Deposit Bonus Match. That means if you deposit $1,000, you get $200 in bonus funds. Deposit the max $5,000, and you get $1,000.  It's one of the top promo code offers in the sports betting industry and is further proof that DraftKings is one of the best online sports betting options for New Yorkers.

DraftKings Sportsbook New York Now Live!

The online version of DraftKings sportsbook is currently live in more than a dozen states, with New York being its biggest marketplace. The brand was one of four major players, including Caesars Sportsbook NY, to go live on January 8, 2022. Users can bet anywhere in the state of New York, including New York City, and we expect that DraftKings sportsbook will partner with Tioga Downs Casino Resort, where there are in-person casino games and table games. It's an exciting time for New York bettors who patiently waited for DraftKings to launch. 

DraftKings Promo Code & New York Promotions

DraftKings sportsbook is one of the premier sportsbooks in the country, and its promotions and promo codes are one of the biggest reasons why. Here are just a few of the perks that DraftKings sportsbook promo code offers and how bettors can take advantage of them all.

Parlay Insurance

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Parlays, of course, are difficult to win. All legs of a parlay must be successful for the bet to pay out, and it's easy to go undefeated. That's why DraftKings New York has parlay insurance, which gives bettors its original wagered amount back up to $25 if exactly one leg of a four-team or more parlay loses. It's a nice incentive for bettors who otherwise would be out of luck despite winning all but one leg.

Risk-Free Bets

DraftKings' current promotion is a deposit match bonus, but there are some instances where bettors can earn risk-free bets that result in a free bet. One example is if you refer a friend, both you and the person you referred will receive a free bet up to $100.

Deposit Match Bonus

DraftKings New York Welcome Offer and Promo Code

A deposit bonus is when a sportsbook matches a portion of your initial deposit. It's essentially free money with the small caveat that the bonus funds are in the form of a free bet and are not withdrawable until you play them once through. But it's still a great perk that DraftKings NY is giving new users with their first deposit.

Free To Play Pools

Low on funds? Just need a break from the action but still want to have some skin in the game? DraftKings offers a number of free-to-play pools where you can win real cash prizes. These pools are available over the course of the year and are usually based on the most popular sport at the time. It's nice to not have to ante up anything and still have a chance to win cash prizes. DraftKings NY offers just that.

New York DraftKings New User Welcome 

20% Deposit Match (Max Deposit is $5,000)
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Must be 21+ to participate. Terms and conditions apply

New users can access the DraftKings promo code through the links on this page to be eligible for a 20% deposit bonus match up to $1,000, meaning you would have a $1,000 free bet if you deposited $5,000. The deposit bonus match is one of the better promo code deals that we've come across, and it's always nice to start your sports betting experience with what's essentially free money.

New bettors can also take advantage of other offers and promotions that don't require a promo code by checking out the "Promotions" tab of the DraftKings sportsbook app or desktop website. DraftKings NY wants you sports betting on their sportsbook, so they're constantly updating the offers and perks available to keep up with the competition.

Distinguished Features On The DraftKings New York Sportsbook

DraftKings is one of the best in the online sports betting business. Whether it's a promo code that earns you a free bet, a free-to-play contest that earns you bonus funds, or a great user experience on live bets, there's something for everyone. Here are some of our favorites:

Live Sports Streaming At DraftKings

DraftKings NY does not offer any live streaming services on games. It doesn't detract from the overall experience because of everything else that the operator offers, and we wouldn't be surprised if they do offer some sort of streaming services on certain games in the future.

DraftKings Live Betting

Your sports betting experience doesn't end when the game begins. DraftKings sportsbook offers a number of different live betting markets that update in real time and are available throughout the course of a game. You'll need to be quick because of how often the odds and lines change, but DraftKings NY's responsive desktop website and mobile app make this possible.

Early Bet Cash Outs

Nervous about a back door cover beating you? Admitting defeat and wanting to save face (and a few bucks)? You're in luck with DraftKings NY, which gives bettors the option to cash out their bets before the end of a game. You'll only be able to take out a certain percentage of the bet and payout based on the likelihood of it winning, but it's a nice option to have in case you're worried about the eventual outcome.

Are Same Game Parlays Allowed?

Yes, DraftKings New York allows Same Game Parlays, which allows you to combine standard bets, totals, moneylines, and game, player and team props into one. It's a great sports betting perk at DraftKings, and they're often boosting odds on these same-game parlays and offering a free bet if you bet them frequently enough.

Frequency Of Odds Boost

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DraftKings odds are among some of the best we've found. But competitors are always upping the offers and DraftKings knows this. It's why they are constantly offering odds boosts that increase the potential payout for bettors on certain markets. DraftKings NY goes a step further when compared to the competition, marking which sports have current promotions such as odds boosts by putting a neon megaphone next to the market. It's a sure sign that DraftKings wants its bettors taking advantage of these perks.

Other Betting Features To Note 

DraftKings also has some other fun promotions that bettors can take advantage of. One example is earning a free bet or multiple free bets based on how well the team you bet on performs. For instance, if you bet $20 on the New York Knicks, you'll receive a $3 free bet for every 3-pointer the Knicks make in that game. These aren't always offered, but DraftKings is constantly switching things up and offering something for their players. It's like a bet within a bet, which makes the user experience all the more fun.

DraftKings Sportsbook App 

DraftKings New York Welcome Offer and Promo Code

The DraftKings sportsbook app is as good as it gets. In our opinion, the best mobile sports betting apps are ones that mirror what you get on the website. That's absolutely the case on the DraftKings. Whether you're betting on an NFL game or looking to place a futures bet on the NBA Finals, the DraftKings mobile app has you covered. It's almost exactly like the DraftKings desktop website, which is nice for the user experience.

DraftKings Hits And Misses

Pros:

  • Sign-up bonus and consistent odds boosts
  • Strong user experience on both website and sportsbook app 
  • Easy banking methods for deposits and withdrawals

Cons:

  • No live chat customer service 24/7
  • DFS site doesn't integrate well

What DraftKings New York Does Well 

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There's so much to like about DraftKings New York. We'll begin by mentioning the user experience since it's the first thing new bettors will notice. Pages load properly, odds update in real time, and DraftKings lays out its popular markets, markets with boosts, and live markets for bettors to understand easily. You'll never wonder about what's accessible to you, and you'll never miss out on a promotion or boost. Not every sportsbook can say that.

The DraftKings NY bonus matching 20% of your first deposit is a great way to start your betting experience, and it's even better when considering how often they boost odds on significant games. DraftKings New York odds are comparable across the industry, but their boosts are among the best we've come across. Last and certainly not least, it's simple to deposit funds and withdraw your winnings. This may seem like a big deal, but it really is.

How does DraftKings Compare?

DraftKings has been around so long that they've truly worked out most of the kinks in their website and sportsbook app. Most of the improvements we'd like to see are splitting hairs on what is one of the best sportsbooks in the sports betting industry. Many sportsbooks have begun making customer support available 24/7, something DraftKings NY does not yet have. Considering there are so many different betting markets around the world, there's always going to be something to bet on at all hours of the day and night, and there are times you won't have access to a customer support team member.

The daily fantasy sports website also doesn't integrate all that well with the sportsbook page. They're both separate apps, and you have to deposit different funds for each. For a company that was built on DFS, it'd be nice if both were seamlessly woven together for bettors to use them both.

What to bet on with DraftKings New York

As one of the premier sportsbooks in the online sports betting industry, DraftKings has an outstanding list of markets to bet on. Of course bettors will be able to place wagers on the big four sports of football, basketball, baseball, and hockey. But DraftKings caters to all of their players, which is why they also offer year-round betting markets like boxing, cricket, and tennis. If you can think of it, DraftKings will have odds for it. When it comes to online sports betting, you can't beat the list of betting options that DraftKings New York sportsbook will offer. Here's a full list:

All sports: Baseball, basketball, boxing, cricket, darts, football, golf, hockey, MMA, motorsports, rugby, soccer, tennis

There's not a more passionate fan base than those who are interested in New York sports betting. We know that. We also know that certain bettors are looking for certain markets. The good news is DraftKings sportsbook is going to have you covered. Whether you're looking to roll the dice on the Giants to win the NFC, or you want to make a futures bet on the winner of the PGA Championship, it's available on DraftKings sportsbook.

DraftKings Online Sports Betting Basics 

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Sports bettors will have endless betting options at DraftKings. Given their size and backing, there are thousands of different wagers bettors can make. Here are some of the more common bets that you'll likely be making at the DraftKings NY sportsbook.

Moneylines: Every game has a favorite and an underdog. The moneyline is only concerned with the winner or loser of the game. The point spread and total do not matter. The favorite has minus odds, which is the amount that bettors need to wager in order to win $100. The underdog has plus odds, which is the amount bettors will earn on a $100 bet.

Spread Bets: Oddsmakers set spreads for every game. It's a number that evens the playing field between two teams, and it involves a favorite and an underdog. For example, the New York Knicks as -6.5 favorites against the Chicago Bulls would mean the Knicks cover if they win by seven or more points. The Bulls would cover if they lost by six or fewer points or won the game outright.

Parlay Bets: A parlay is a combination of two or more bets that create a more lucrative set of odds for sports bettors. The caveat is that all legs of the parlay must be successful in order for the bet to pay out. For example, a parlay that includes the Yankees (-120), Mets (+180), and Red Sox (-145) to win would create a +767 odds. However, all three teams would need to win for the bet to pay out. Even if two teams win, which would yield a profit with straight bets, the parlay is unsuccessful.

Total Lines: Oddsmakers set a total for every game, and bettors can wager on the combined point totals of the two teams being higher or lower than that total. For example, if a Giants-Cowboys game has a total of 42.5 and the final score is 34-10, that total of 44 points means that the over hits.

Futures Bets: Though many of the wagers that sports bettors will make are on individual games, futures bet look at season-long occurrences. Examples of futures bets include over/unders on team win totals, league MVP winner, or league champion. Odds are constantly updating throughout the year based on what's happened in the season to date, and odds are available up until the end of the season.

Prop Bets: There are bets within a single game called prop bets. There are both player props and team props that look at whether something will or won't happen during an event. Examples include the first touchdown scorer, a player to score a certain amount of points, or a team to record a certain number of sacks. Major operators like DraftKings sportsbook offer hundreds of prop bets that players can bet online at the website or mobile app.

Sports bettors are going to have options at DraftKings sportsbook. Legal sports betting is all about the versatility and different options so that all types of bettors have something to choose from. DraftKings sportsbook offers just that. Whether you just want to bet on the Yankees to win a game against the Red Sox or are interested in betting on the New York Jets to win the AFC East, you'll have that opportunity at DraftKings sportsbook New York.

DraftKings Pricing

No matter how much you like an online sportsbook, it's always going to be important to have multiple online sportsbooks in your rotation because prices and odds differ. That being said, you're always going to get competitive prices, and DraftKings odds are similar to what you'll find at other competitors. They're one of the best in the business, and if you're sports betting at DraftKings, you can be sure you're getting good deals. Combine their competitive odds with constant odds boosts, profit boosts, and free bets, and it's tough to beat the deals you get there.

The Origins OF DraftKings Sportsbook NY

Chances are if you've been on the DraftKings website, it's because of their daily fantasy sports. It launched in 2012 and took on a life of its own and became the premier daily fantasy sports site in the United States. As of 2018, legal sports betting in the United States became a reality, and DraftKings sportsbook has now launched in more than a dozen states. It's arguably the most recognizable brand in the industry and it's only getting bigger. As the sports betting market grows, DraftKings sportsbook will continue to expand its reach as they've done over the last decade.

What To Expect When Registering For A DraftKings Sportsbook Account

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No matter the operator, online sports betting operators want their players playing and spending less time entering their information. It's why they've made the sign-up process so easy to register for a new DraftKings account. And because you're here, you're in luck. We've put together the quick and easy steps you need to take to sign up for a DraftKings sportsbook account:

  • Choose a username, enter your email, and choose a password. Enter any DraftKings promo code to be used toward a sign-up bonus
  • Provide your name, birthday, and the last four digits of your Social Security number so DraftKings sportsbook can verify your age
  • Enter your home address
  • Download a Geolocator so DraftKings can verify that you are betting in a state where DraftKings has legal sports betting license
  • Make your first deposit and place your first bet!

DraftKings Sportsbook Payment Options

When it comes to sports wagering, using a legal and licensed online sportsbook is the way to go. One of the main reasons we say that? The banking aspect. DraftKings is such a well established brand that they have among the best banking options of any sportsbook you'll find. Bettors will absolutely love how quick and seamless the process is both depositing money and withdrawing any of your winnings.

For deposits, bettors will have the ability to put money into their DraftKings sportsbook account via credit and debit cards, ACH direct transfer, e-check, PayPal, Pay+ prepaid cards, or PayNearMe. Bettors can also go to the retail DraftKings sportsbook to make a deposit in person. Deposits are made available almost immediately, so you'll be ready to start betting as soon as you put money into your account.

Withdrawals are also a simple process. Though DraftKings make it a bit more difficult to actually find the withdrawal button, once you're there it takes just a few clicks to take out your money. These are the options you'll have to withdraw funds: check, PayPal, ACH direct transfer. You can also head to a retail DraftKings sportsbook to take out money.

DraftKings New York Daily Fantasy Sports Contests 

DraftKings first launched as a daily fantasy sports product, so it's no surprise that as an online sportsbook they also provide free-to-play contests and other tournaments during the sports calendar year. Though there are too many to name here, many of the contests revolve around high-profile, nationally televised events such as March Madness, Monday Night Football, or the World Series. Most of these contests are free to play, which is nice for bettors who are looking for a change of pace from traditional betting. You can find all these tournaments located under the "Pools" section of the website or DraftKings mobile app.  

DraftKings Rewards

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Sportsbooks know they have competition in the legal sports betting industry. It's why the top operators provide their players with rewards in addition to the free bet, promo code, and other bonus promotions. With DraftKings, rewards come in the form of points called "crowns." Bettors earn a certain number of crowns for different actions on the sportsbook including standard bets, parlays, and other contests and tournaments. Bettors can rack up crowns that put them into different tiers (gold, platinum, diamond, and black) and redeem their crowns for perks like a free bet or entry into tournaments and contests. Among its competitors, DraftKings' rewards are certainly competitive and they're easy to understand and redeem.

Sportsbook Usability

Whether you're on the DraftKings New York sports betting app or using the desktop website, you'll find an enjoyable user experience. There are no flashy animations or scrolling billboards that take up half the screen. Nothing is too in-your-face to the point that it takes away from actually trying to find the sports betting market you're interested in playing. It's simple to navigate to different markets, and it's also easy to jump from the online sportsbook to the daily fantasy sports page. One of our favorite features is that DraftKings denotes markets that have current promotions with a neon green megaphone, so bettors will always know where the best deals are. Here's what we like specifically about the sportsbook mobile app and the desktop website:

Website Interface  

It'll take some getting used to, but we've come to enjoy the unique black background of the DraftKings desktop website. What helps is that everything is organized incredibly well. All available markets are listed on the left rail of the home page, with popular betting markets and markets with current odds boosts and other promotions listed at the top of that list. Betslips appear on the right side of the screen, while the market you've clicked on is spread across most of the screen. It's a feature we really enjoy. Some websites try to fit too much onto the screen and it winds up making it difficult to look at the actual bets you're trying to make. But not at DraftKings NY sportsbook.

Across the top of the home page, bettors can click on live markets, look at their betting history, look at any current promotions, read tutorials on how to bet, and access their account information. Because they've been around so long, they've gone through a few iterations of their website. In our opinion, they've found something that really works with what they have now.

New York DraftKings Sports Betting App 

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We know that mobile sports betting is on the rise and that bettors want to have access to the DraftKings app when they're on the go. They're in luck, because the DraftKings mobile betting app is a mirror image of the desktop website. Everything that's available to bettors on the desktop is also available on the DraftKings app, and that consistency makes a world of difference. Betslips populate effectively, it's simple to navigate across markets, and you can deposit and withdraw through your account information with ease. They've also made it easy to do live bets, which is critical for any sportsbook mobile app. The Geolocator also identifies your location quicker than some of the other mobile sports betting apps we've reviewed.

The DraftKings sportsbook mobile app will have you covered for whatever you're interested in betting on. We actually find ourselves using it over the desktop website even when we're not on the go. It's that good. And the even better news is that it's available at the Apple App Store and the Google Play Store. Everyone can use it.

Customer Support Methods

DraftKings has been around for quite some time and they've really perfected the user experience. In our DraftKings sportsbook review and in our daily use of the website and app, we haven't come across any real issues. But we know that's not always going to be the case for all bettors. But they've got their players covered with multiple customer support options to take care of any issues that might pop up.

There's a live chat function that is available (but not 24/7). If that doesn't take care of your problem or the live chat is unavailable, there's also a phone number and email address that bettors can use to get in contact with DraftKings sportsbook. For non-urgent matters, the help section of the website is pretty extensive and can answer most questions bettors have about the website. It's not our favorite customer support of all the online operators we've reviewed, but it gets the job done. And as we mentioned earlier, we have fewer issues that require customer support at DraftKings than just about any other sportsbook.

Sportsbook Security

It's natural to have some apprehension about the security of a website where you'll need to provide personal information like your name, email address, four digits of your Social Security number, banking information, and your location. It's why we recommend using legal sportsbooks that have a sports betting license in the state you're playing in. DraftKings sportsbook is no different. Their SSL encryption software will keep your personal information safe and secure, and they employ a dedicated security team to make sure it stays that way. That being said, we always recommend that bettors using any online sportsbook choose a strong password, don't share it with anyone, and turn on multi-factor authentication wherever they can. It's always better to err on the side of caution, but DraftKings sportsbook will have you covered either way.

Measures To Betting Responsibly

DraftKings New York Welcome Offer and Promo Code

DraftKings sportsbook ultimately wants its players to enjoy their experience. That means betting in a responsible and safe manner. It's why they have committed resources and real estate on their website and mobile app to ensure that's exactly how their bettors play. There's an entire section of the DraftKings sportsbook app and DraftKings website that lets bettors know how to bet responsibly, what signs to look for that may signify irresponsible gambling, and how to change the settings on your account to limit your deposits made or time spent on the online sportsbook.

DraftKings also actively monitors your activity to look for signs of addiction or irresponsible gambling, and their social media accounts frequently send out reminders of how to bet safely and responsibly. All sportsbook operators take this seriously, but we're big fans of how the DraftKings online sportsbook displays and promotes it.

Sportsbook Taxes On DraftKings

All winnings from DraftKings sportsbook New York are considered income, which means they'll also be taxable and must be declared as such. This will mean something different for each bettor, so we recommend chatting with a tax expert so you know exactly what you need to declare and how you need to present it.

DraftKings Retail Sportsbook

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All online sportsbook operators have a retail sportsbook in a physical location. It's a spot where you can place bets, make deposits and withdrawals, and speak with customer support. Though DraftKings sportsbook isn't online in New York just yet, it does have a physical location at del Lago Resort in Waterloo, New York. Players can actually place sports bets at del Lago Resort at their new 6,000 square foot sports betting center. It features 23 kiosks, 1,000 square feet of TV screens, and an odds board that updates in real time.

The RealGM Verdict On The New York DraftKings Sportsbook

When you consider the user experience, the branding, the competitive odds, the bonuses and promotions, it's tough to beat what DraftKings sportsbook provides. It's one of our favorite online sportsbook operators because it offers everything bettors might be looking for. Because they're such a large brand, the promotions and bonuses they offer are unparalleled. Because they've been around for so long, they've perfected the user experience and worked out kinks that some competitors still have. The website and mobile app are inviting, easy to navigate, and stress-free. You can find what you're looking for and are always just a few clicks away from placing your bet. Add in the DraftKings NY promo code, and it's a no-brainer. And at the end of the day, that's what it's about. We can't recommend DraftKings sportsbook enough. DraftKings New York should absolutely be part of your online sportsbook rotation.

DraftKings New York Welcome Offer and Promo Code

FAQs

Is DraftKings New York legal?

DraftKings sportsbook New York is legal and live, launching on January 8, 2022.

Does DraftKings Offer New York DraftKings risk-free bets?

Yes, DraftKings sportsbook New York offers plenty of perks and promotions to its players, including risk-free bets.

Can I bet on college sports with DraftKings NY?

Yes, bettors can place wagers on college football and college basketball at DraftKings sportsbook New York. The only exception is for games played within New York and games involving teams from New York.

Does DraftKings NY have an online casino?

DraftKings sportsbook New York will not have a DraftKings online casino component as online casinos are not legal in NY. Currently, the only states that have legal online casinos are Connecticut, Delaware, Michigan, New Jersey, Pennsylvania and West Virginia.

Can I Live Bet at DraftKings New York?

Yes, DraftKings is one of the best online sportsbook operators when it comes to live betting. It has hundreds of different markets that have live betting options, and they signify on their website and mobile app which sports markets have current live options.

When will DraftKings Launch in New York?

DraftKings New York has already launched and is welcoming new customers with great sign-up offers. It went live on January 8, 2022.