Draftkings 50 50

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Large-field fantasy football tournaments at DraftKings attract a lot of novice money. Folks who are learning the ropes are seduced by the huge prize pools. That’s understandable. Some of the tournaments offer $1 million or more in cash prizes. It’s hard to resist that kind of money.

Here’s the problem: tournaments are highly unpredictable. There’s a large degree of variance, which impairs your ability to draft a lineup you can count on to win. That’s why daily fantasy experts recommend taking big risks when drafting players. There’s no other way to cash in tournaments.

By contrast, 50/50s are much more predictable. They’re also more profitable, even though you stand to win less money in each contest. With that in mind, I’ll give you 7 rules for winning 50/50s below so you can make them a big part of your fantasy football experience at DraftKings.

DraftKings Week 4 Cash Games: Put D.K. Metcalf and Darrell Henderson in Lineups Two second year playmakers make Jim Cramer and Bill Enright's top picks for Draftkings 50/50 contests.

  • About Iowa Sports Betting. Iowa became the 11th state to legalize sports betting in May 2019 and officially went live on February 19, 2020. Anyone who is at least 21 years of age, has a valid United State Social Security Number and is physically within the state of Iowa can bet with DraftKings Sportsbook there.
  • In GPPs you're attempting to outscore many opponents, in H2H games you are attempting to beat one opponent and in 50/50s your goal is to finish in the top half of the field. The person that finishes fifth in a 10 person 50/50 wins as much as the person that has the highest scoring lineup.

A Quick Overview Of Fantasy Football 50/50s (Double-Ups)

The Cash Games – 50/50 leagues pay the top half of the field double their buy-in (minus a vig).

Two basic principles define a 50/50 (also called a double-up). First, half the field wins a payout. A contest with 100 team owners will have 50 winners.

Second, each of the winners is paid the same amount. Assuming 100 team owners, the first-place winner will earn the same payout as the person who finishes in 50th place.

Those two principles are going to heavily influence your draft strategy. If you plan to spend a significant amount of time competing in 50/50s, it’s essential that you learn how to approach them.

That’s what we’re covering below.

  1. Think Insurance, Not Lottery

  2. Playing in large-field tournaments at DraftKings is like playing the lottery. When you enter a contest, you assume that your chances of winning are slim. A lot of people are going to enter and few are going to win. How else would it be possible to pay a $27 entry fee and have a shot at winning $1,000,000? (DraftKings’ NFL $2.2M Millionaire Maker costs $27 to join and pays $1 million to the first-place winner.)

    That said, someone is going to win and that person is going to make a lot of money. Again, just like a lottery.

    Competing in double-ups is a different story. It’s a bit like buying insurance. There’s a lot less risk since half the field gets paid. In addition, as mentioned above, everyone gets paid the same amount. That means you don’t have to worry about your lineup getting trounced by the first-place winner. It doesn’t matter. You just have to make the cutoff, or in other words, finish in the top 50%.

    So, what’s the lesson? Focus on players who can be counted on to accumulate points. Don’t take huge risks, drafting overlooked players in the hopes they’ll have an explosive performance this week that helps you to finish in first place. There’s no incentive to take that kind of risk in a 50/50.

  3. Draft Players With High Ownership Percentages

  4. Draft Steady and Consistent Points Earners – Usually Highly Owned

    You want to draft players that everyone is going to draft in 50/50 games. This is called “playing the chalk”. You want a chalky lineup. If a player is chalky that means that everyone is going be be playing him. These chalk plays are the players you want in 50/50’s.

    If you’re drafting players who are expected to accrue a lot of points, expect other team owners to draft them too. Players like Antonio Brown, Aaron rogers, Drew Brees, Todd Gurley and Adrian Peterson attract a lot of attention. They tend to have high ownership percentages week after week because they’re reliable.

    Team owners expect Brees to complete 70% of his passes and log at least 5,000 passing yards this season. They expect Gurley to rack up a huge number of rushing yards as he is the team’s top running back.

    Don’t be turned off by the fact that a lot of your competitors own the same players you own. If anything, the high ownership percentages validate the foresight of your draft picks. In a double-up contest, you need to build on a foundation of guaranteed points.

  5. Focus On Discounted Players Who Offer High Value

  6. Don’t be content to just pick studs.

    To be sure, drafting a stud quarterback like Brees or Rogers makes sense since a large percentage of the field is likely to own those guys (see #2 just up above). But be more selective when shopping for wide receivers and running backs. DraftKings allows you to pick whatever positions you want on some of these contests and they’ll all just get called “flex” on your team.

    Fill one slot for each position with a stud. Fill the remaining slots with value plays. Look for players who have salaries that are lower than expected given their track records.

    For example, maybe they’re coming off the injured list and no one expects them to do much this week. Maybe they had a tough time on the field last week, causing team owners to sour on their short-term prospects.

    Such players often pose enormous value because everyone discounts them.

  7. Join 50/50s With Larger-Than-Average Fields

  8. A lot of one-week fantasy football players gravitate toward small double-ups (those with 10 or fewer entrants). They assume that competing against a smaller field increases their chances of winning.

    In reality, the opposite is true.

    Half the field is going to get paid, regardless of the number of people who compete in the contest. The key thing to remember, and the detail that most people forget, is that the bigger the field for a double-up, the smaller the variance.

    For example, let’s say you join a double-up that involves 4 team owners. You need to beat 2 of them in order to cash. With such a small field, there’s a massive degree of unpredictability. You need to finish in first or second place to win. If two of the team owners get lucky and score more points than you, you’ll lose.

    By contrast, suppose you join a double-up that involves 100 team owners. Although you need to beat 50 of them to cash, you’ll face less variance. The greater number of entrants smooths the scoring curve. It makes the outliers less significant. It won’t matter if 3 or 4 team owners outscore you. It won’t even matter if 30 or 40 of them outscore you. You just need to finish ahead of the bottom 50.

    Playing in 50/50s at DraftKings can be a great way to build your bankroll and earn a consistent profit. But it’s not easy money. You still have to know what you’re doing to beat other team owners. Use the tips we’ve covered above to design a draft strategy that gives you an edge over your competition.
  9. Double-Check Your Lineup 30 Minutes Before Game Time

  10. As a rule, you should check your lineups 30 minutes before the first kickoff of the week. Why? Because some of your players may no longer be scheduled to play. If they’re not scheduled to play, they can’t contribute to your lineup’s score.

    They essentially become dead weight.

    Why might a player you drafted suddenly be dropped from the week’s schedule? He might have gotten injured. Or he may have been arrested (that’s happened numerous times in the past). If you neglect to replace him, you’ll earn zero points for the slot he fills.

    A half-hour before game time, double-check that each player on your roster is still scheduled to play this week. It only takes a few minutes and you can save yourself a world of heartache.

  11. Consider Each Player’s Season-Long Track Record

  12. Any player can have a bad week. By the same token, any player can turn in an unexpectedly good performance. Don’t let the previous week’s numbers have too great an influence over your draft decisions.

    Research how each player you’re thinking about drafting has performed so far in the current season. How did they perform last season? You’re not interested in guys who turned in an exceptionally good or bad performance last week. You need players who have a consistent track record.

    In 50/50s, predictability is crucial.

  13. Don’t Be Seduced By The “Easy Money” Allure Of 50/50s

  14. A lot of beginners think of double-ups as an easy way to grind out a profit playing weekly fantasy football. After all, you just need to finish in the top half of the field. How hard can that be?

    As it turns out, it can be plenty hard, especially if you’re just getting started. Remember, half of the field is going to lose. What distinguishes you from the bottom half?

    It’s also worth noting that a lot of experienced fantasy football players compete in 50/50s. These are guys (and gals) who know what they’re doing and have the winnings to prove it. You need a solid draft strategy if you hope to compete successfully against them.

    It helps to stick to larger 50/50s. Not only is there less variance, but there’s also a greater likelihood that a majority of the field will be composed of inexperienced DFS players.

    In addition, if you’re just starting, stick to double-ups with low entry fees. Most of the experienced players compete in contests that impose bigger buy-ins and offer bigger cash prizes.

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  • Is DraftKings Honest?

As the sports betting landscape continues to change, numerous operators are battling for market share. Some of them are established players, while others are relatively new kids on the block who are looking to shake things up.

DraftKings is one of those in the latter category.

After making a name for itself in the world of daily fantasy sports, the gaming giant set its sights on a new playing field. As the legalization of sports betting continues to take shape across the US, DraftKings is inserting itself into the conversation in a big way.

Let’s take a closer look at what DraftKings has to offer.

Draftkings 50 50

By the time you read this through, you’ll have a good handle on what the company brings to the table and if the platform is right for you. We’ll begin by examining how DraftKings continues to attract a lot of attention from sports bettors.

DraftKings welcome bonus

New User Bonus. T&Cs Apply.
Up to $1,000 Deposit Bonus

In order to attract new users in the growing sports betting marketplace, operators have to provide something that gets their attention.

Draftkings 500 free bet

DraftKings does that and then some.

As a new player, you will be entitled to an extremely generous welcome bonus worth up to $1,050.

New signups receive and a free bet in the amount of their first deposit, up to $50. DraftKings also provides an additional 20% bonus on that deposit, worth up to $1,000.

The free bet can be used anywhere in the book. The bonus funds are cleared at a rate of $1 per $25 wagered.

DraftKings Sportsbook Promo Code

Online Sportsbook DraftKings Sportsbook
DraftKings Promo CodeClick to Get Your Bonus
Total Bonus$1,050
Free Bet With DepositUp to $50
Deposit Bonus20% up to $1,000
Legal StatesVA, MI, NJ, PA, CO, IN, WV, NH, IA, IL, & TN
Last VerifiedMarch 2021

Do I need a bonus or promo code for DraftKings Sportsbook?

No, you do not need a DraftKings promo or bonus code. It isn’t necessary.

Sign up for a new account at DraftKings, and you’ll be eligible for generous offers.

How the bonus works

Just sign up for your account using our links and make your first deposit. You will receive up to $50 in the form of the free bet.

You will also receive a bonus of 20% of that deposit, up to $1,000. That bonus will be released to you in $1 increments, every time you cross $25 in wagers.

All told, new players can take advantage of a whopping up to $1,050 in bonus offers! That would require a $5,000 deposit; you can decide what amount makes the most sense for you.

DraftKings VIP Loyalty rewards

Currently, DraftKings does not offer an ongoing VIP or loyalty rewards program, but it did provide one for a limited time this past summer. It’s fair to say that it was a test run for what could become a more permanent fixture in the future.

Users in the limited promotion were eligible to earn points based on their bets.

Each $1 in straight bets awarded 50 points, while parlays were worth 75 points. As points accumulated, users were able to redeem them for things such as free bets or entries into daily fantasy sports (DFS) contests.

Speaking of DFS, the company does the same thing on that side of the business. The rewards, aka “DK Crowns,” are redeemable for contest entries, merchandise, etc.

Redeem rewards at retail locations

Since DraftKings does not have a permanent loyalty program in place as of yet, the answer is no for the time being. If and when the company implements a permanent VIP loyalty program, it wouldn’t be surprising to see it be tied to the retail side of the business as well.

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Is DraftKings legal and safe?

Draftkings Nba 50/50 Strategy

It has been quite the ride for DraftKings over the past few years. From intriguing start-up to DFS leader to sports betting powerhouse, the company’s growth trajectory has been rather fascinating to watch. In states in which DraftKings Sportsbook has made its debut, it’s completely legal and safe to play on site.

The same will apply as the company expands into other locales. Here’s where things stand for DraftKings in the following states.

  • DraftKings New Jersey: DraftKings was the first online and mobile option in NJ upon its debut in the Garden State in August 2018. The company partnered up with Resorts Casino in Atlantic City, which is home to a retail DraftKings Sportsbook.
  • DraftKings West Virginia: Aug. 28, 2019 was the launch date for DraftKings in WV. Its land-based partner is Hollywood Casino at Charles Town Races.
  • DraftKings Pennsylvania: DraftKings made its debut in PA on Nov. 7, 2019 via a deal with The Meadows Racetrack & Casino in Washington.
  • DraftKings Indiana: On Oct. 3, 2019, DraftKings became one of the first online sports betting options in the Hoosier State via partnership with Ameristar Casino East Chicago.
  • DraftKings Iowa: Wild Rose Casino & Resort in Clinton is the land-based partner in Iowa for DraftKings, which debuted in the state in Feb. 2020.
  • DraftKings New Hampshire: DraftKings has exclusive access to this market thanks to a deal with the New Hampshire Lottery. The online launch happened on Dec. 30, 2019, and two retail outlets opened in the state the following year.
  • DraftKings Colorado: May 1, 2020 was a busy day in Colorado with DraftKings among those making its debut. Mardi Gras Casino in Black Hawk is on board as the land-based partner.
  • DraftKings Illinois: Casino Queen in East St. Louis is the retail partner for DraftKings in Illinois. The official launch took place on Aug. 5, 2020.
  • DraftKings Michigan: DraftKings teamed up with Bay Mills Resort & Casino in Brimley for access to the Michigan market. The online and mobile sportsbook launch went live on January 22, 2021.
  • DraftKings Tennessee: DraftKings is live in Tennessee. No land-based partner is required by state law.
  • DraftKings Virginia: January 24, 2021 was the launch date for DraftKings in Virginia. Like in Tennessee, there are no land-based partners for regulated sportsbooks in Virginia. All action takes place on the mobile apps of the operators.

While there are plenty of places to play in the growing online sports betting market, not all of them are ready for primetime. Few things can be more frustrating than signing up for a site before finding out that it lacks on the technology front.

That’s not the case at DraftKings. Before entering sports betting, the company built a massive brand in the world of DFS. To get to the top, the company made a product that’s easy to use and able to handle a lot of traffic.

The company has taken its experience and transferred it over to its sports betting platform. The result is a site that’s smooth, easy to use and devoid of kinks.

DraftKings betting app review

DraftKings has a mobile app that is available for iOS and Android users. Naturally, we took the time to check both of them out. Here’s what we found:

  • Availability: The apps are easily accessible to download from the DraftKings website.
  • Speed: The apps are quick and intuitive. We didn’t come across any lags or annoying glitches in our test.
  • Overall Performance: DraftKings has nailed it on mobile. The apps are similar to what you’ll find on the company’s desktop version, albeit in a condensed fashion. The mobile offering is quick and easy to use.
  • Markets: Users will find the same betting markets available on mobile as they are available with the online version of DraftKings.
  • Live Betting: The live betting feature is available for mobile app and desktop users. The layout is naturally different on smaller screens, but each works the same.
  • Bet Slip: When betting on mobile devices, the betting slip feature sometimes leaves a lot to be desired. DraftKings does a solid job here, as well. Players can minimize the betting slip quickly and restore it without it disappearing altogether.
  • General Layout: The layout of the DraftKings mobile app is clean and easy to navigate. The app is responsive and does the trick, and it does so without being overly sensitive or having any annoying hiccups that impact the overall experience.
  • Cashier: The cashier function on mobile is easy to use and responsive to the touch. Depositing the app is a piece of cake.

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DraftKings browser review

When a company puts forth a solid mobile product, the hope is that it can do the same on web-based versions of the platform. DraftKings has been able to turn that trick without issue. The online sportsbook platform is simple to use and easy to navigate.

The main screen is full of current promotions and events that are going on or coming up soon. Up at the top of the screen, you’ll find links for all of the major sports. There is also a dropdown menu that lists all of the games available.

In addition, there are specific links for, e.g., live in-game betting and pool contests. Down below, you’ll find links to contact the company and a helpful “How to Bet” section. Among the options is a live chat feature, which is an excellent touch as some questions require a quick answer.

DraftKings overall user experience

DraftKings evolved into a giant in the world of DFS by providing an exceptional product that is easy to use. The company has managed to do the same with its sportsbook operations.

The overall layout is clean and easy to navigate. It’s simple to find what you’re looking for, whether it be the NFL or a niche variety like rugby. The bet slip is on the right-hand side of the screen at all times; you can minimize and expand it without issue. The cashier function is quick and straightforward. Making a deposit or withdrawal is something that takes less than a minute on DraftKings. Overall, the company has built an exceptional sportsbook product.

DraftKings Sportsbook: Creating a new account

When signing up for a new online sportsbook account, the process should be quick and painless.

Draftkings 50/50

Thankfully, that’s exactly how it is when signing up at DraftKings. After visiting the sportsbook for the first time, you’ll notice a button labeled “Sign Up.

Simply clicking on that will begin the process. You’ll receive a prompt for basic information and additional details to help verify your identity. This process is standard for signing up at any reputable online operator, and we found nothing unusual while going through the steps at DraftKings.

While the process itself is simple, questions may pop up from time to time. Luckily, DraftKings provides a clear list of contact options right on the site. There’s even a chat option for those who want answers right away.

Once you create your account, you can make a deposit or start looking around. You’ll find a clean layout that is easy to navigate, not to mention plenty of betting opportunities.

When you are ready to make your first deposit, you’ll find that the process here is a snap as well.

In our experience, we were able to create an account and make a deposit in a couple of minutes. Signing up at DraftKings is easy and doesn’t take a lot of time, so that’s a huge plus when deciding where you would like to spend your hard-earned dollars. Don’t forget, when you join DraftKings from TheLines, you qualify for the highest paying bonus, at $50 free + 20% up to $1,000 deposit bonus. You do not need a DraftKings promo code, just use this link to visit DK today!

In Iowa, you have one extra step of verifying your account in person. This can be done at a Wild Roses Casino & Resort location. Once you have completed the in-person registration, you can use the app remotely so long as you are still inside state lines.

How does DraftKings benefit casual bettors?

For those new to betting or casual bettors, DraftKings offers a pleasant experience. The layout is clean and straightforward, so it’s easy to find what you want.

The menus are clear and point you in the right direction, so you won’t have to do a lot of clicking.

DraftKings has excellent support options as questions arise, including a help section and a live chat feature.

Additionally, the company goes the extra mile when it comes to educating new users.

At the bottom of the screen is a clickable link labeled “How to Bet.” It’s not filled with random, cookie-cutter info. Instead, users will find helpful videos that walk them through various bet types.

Learn better by reading yourself? The same section offers clear instructions on all of the major types of bets.

How does DraftKings benefit experienced bettors?

Experienced sports bettors generally know what they want.

Among the items at the top of the checklist are ease of navigation, a smooth cashier function and odds that are in line or better than the average of the betting marketplace.

DraftKings checks off all of those boxes. It’s easy to find what you’re looking for, and moving money in and out is a snap. As for odds, we found them to be fair and in line with what the general betting marketplace has to say about specific games and events.

What’s not available at DraftKings Sportsbook

DraftKings offers up a wide range of betting markets and wager types, so you won’t be lacking for options. If you find that something isn’t available in your neck of the woods, it could be due to state restrictions. Let’s take a look at how that might impact DraftKings users in available states.

  • DraftKings NJ: You can bet on college sports, but not on NCAAF or NCAAB teams based in NJ or on any collegiate events that take place in the Garden State.
  • DraftKings WV: Betting on games in which participants are under 18 years of age is prohibited.
  • DraftKings PA: No wagering on eSports, NFL Draft and other amateur drafts.
  • DraftKings IN: You can’t bet on eSports or on amateur athletes who are under 18 years of age.
  • DraftKings IA: No prop betting on college sporting events.
  • DraftKings NH: No wagering on in-state college teams or on amateur collegiate events hosted in NH.
  • DraftKings CO: High school and eSports betting prohibited. No prop betting on college sports.
  • DraftKings IL: No betting on in-state college teams or non-sporting events.
  • DraftKings TN: Online sports betting launched in Nov. 2020. In-play wagers on college sporting events are prohibited.
  • DraftKings MI: Online and mobile sportsbook launched on January 21, 2021. No major wagering restrictions.
  • DraftKings VA: Online and mobile sportsbook launched on January 24, 2021. No major wagering restrictions.

As states give the green light to sports betting, DraftKings is typically one of the many knocking on the door for entry. That should only continue as additional states come online, so we fully expect the list of states where you can wager on DraftKings to grow.

DraftKings betting options

DraftKings has all of the bases covered on sports betting.

You’ll find the basic bet types such as moneylines, spreads and totals, as well as more advanced types such as futures, props and live betting.

The same applies to sports. All of the major sports are available, as are several which are in the niche category. If it’s a sport with a sizeable following, there’s a good chance you’ll find it on DraftKings.

One of the best things about DraftKings is a layout that is easy to use and navigate. You’ll easily be able to find what you’re looking for, and the odds are laid out for your review.

For example, when taking a look at upcoming NFL games, you’ll find the moneyline, spread and total odds all listed on the same page.

Clicking on the game will open up a new window of additional opportunities, such as prop bets.

Live betting options can are on the main screen upon logging in, and there’s also a clickable link at the top to examine those opportunities in detail. As for sports, clicking on the one you’re interested in will bring you to a list of all of the current markets.

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DraftKings odds boost

DraftKings regularly offers odds boosts. There’s a dedicated link for users to click on to find current opportunities. They can range from individual player performances to odds for a specific game or series.

Also, the main screen features a list of current promotions, which will sometimes show current odds boost opportunities. The company will also send out promotional emails with intriguing odds boosts from time to time.

DraftKings pricing

In today’s increasingly competitive sports betting marketplace, sportsbooks and oddsmakers need to be on top of their game. Odds that are not in line with the general marketplace will stick out like a sore thumb.

That doesn’t appear to be an issue at DraftKings. During our test, we found that DraftKings was in line with what the market is supporting. In some cases, we even found that they were offering better moneyline odds than competitors.

For example, here are the average moneyline odds for an NFL game.

  • Los Angeles Rams +105
  • Seattle Seahawks -125

For the same game on DraftKings, we found the same moneyline odds for the favored the Seahawks. However, the odds for the underdog Rams were listed as +110.

Here’s the math on a $100 wager for both price points:

  • Winning $100 bet at odds of +105 = $105 profit
  • Winning $100 bet at odds of +110 = $110 profit

While that may not sound like a huge difference, it adds up in the long run. We went through all of the weekly NFL games and found that DraftKings was always in line with the average marketplace. Even better, in some cases. DraftKings is on top of its game when it comes to odds.

How to deposit and cash out winnings

If you can’t move money in and out with ease, then a sportsbook doesn’t do you much good. On DraftKings, there’s a simple and easy to use cashier function, so that’s not an issue.

Once you log in, you’ll find a deposit button and my account feature in the upper right-hand corner. After clicking on the deposit button, you’ll find all of the options at your disposal. They range from online banking to PayPal.

It’s more of the same on withdrawal options. After clicking on my account, you’ll find the spot to process withdrawals. Simply click through, enter the amount you wish to withdraw and choose your method.

One important note to remember: Not all deposit methods are available for withdrawal. For your convenience, here are the ways you can move money in and out on DraftKings.

DraftKings Sports Betting Cash at Cage

For the cash at the cage option, here’s a look at where you handle your DraftKings business in-person.

  • DraftKings NJ: Cash at cage is available at Resorts Casino Hotel, 1133 Boardwalk, Atlantic City, NJ 08401.
  • DraftKings WV: Cash at cage not available at this time.
  • DraftKings PA: Cash at cage not available at this time.
  • DraftKings IN: Cash at cage not available at this time.
  • DraftKings IA: Cash at cage is available at Wild Rose Casino & Resort, 777 Wild Rose Dr., Clinton, IA 52732.
  • DraftKings NH: Cash at cage is available at The Brook, 319 New Zealand Rd., Seabrook, NH 03874 and Filotimo Casino & Restaurant, 1279 South Willow St., Manchester, NH 03103.
  • DraftKings CO: Cash at cage is available at Mardi Gras Casino, 300 Main St., Black Hawk, CO 80422.
  • DraftKings IL: Cash at cage is available at Casino Queen, 200 South Front St., East St. Louis, IL 62201.
  • DraftKings MI: Cash at cage not available at this time.
  • DraftKings TN: Cash at cage not available at this time.
  • DraftKings VA: Cash at cage not available at this time.

How to contact customer support

Questions are going to come up no matter how great a product is, so it’s always good to know you can find help as needed. DraftKings has a clickable help section located at the top of the main screen, and a contact us link at the bottom of the page.

After clicking on that, you’ll find an option to email for help as well as a support ticket option. Also, there’s a live chat feature for questions that require an immediate response.

This feature is an excellent touch that is lacking at many other operators. The chat feature is simple and easy to use, and agents are responsive. In our experience, we were able to start chatting with a representative from DraftKings in less than a minute.

DraftKings and sponsorships

As DraftKings was establishing itself in the DFS space, the company inked deals with a number of major sports leagues and teams. That strategy has continued as the company continues to make its bones in sports betting.

DraftKings has recently signed partnership deals with several teams, including:

  • Colorado Rockies
Draftkings 50 50

As the company continues its rapid expansion and enters additional states, we can safely assume that even more deals will be made. It’s a means of keeping DraftKings at the top of the mind in local markets, and a quite effective way of doing so at that.

History of DraftKings

DraftKings is a Boston-based company that opened for business in 2012. DraftKings DFS was the company’s initial focus. An industry that was in its infancy at that point. It didn’t remain that way for much longer.

FanDuel was the dominant DFS company at the time, but it quickly had some competition. DraftKings built a reliable product that proved to be a hit with the marketplace. The two companies engaged in somewhat of an arms race for several years.

The popularity of daily fantasy sports exploded, and DraftKings eventually surpassed FanDuel to become the top operator in the industry. The two giants are still going strong and continue to have a stranglehold on the marketplace.

As the legality of US sports betting was being ironed out, DraftKings set its sights on being ready to go. After the landmark ruling from the US Supreme Court, the company did just that. They were first to market with a NJ online betting site.

The Garden State was just the first step for DraftKings in sports betting. The company has since set up shop in the following: WV, PA, IN, IA, NH, CO, IL, MI, VA and TN.

Retail DraftKings Sportsbooks can be found in NJ, IA, NH, CO, and IL, while the company gained access to several other markets via deals with land-based casinos.

In New Hampshire, DraftKings is the exclusive sports betting provider due to a deal with the state lottery. The company has been awarded one of the conditional licenses in Tennessee, a state in which there are no land-based partnership requirements.

DraftKings has made some amazing strides in the legal sports betting industry in just a few short years. There’s nothing to suggest that trend will be subsiding. The company is poised to continue being a market leader.

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