DraftKings Sportsbook Review

Updated October 2020
Up to $1,000 Free
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  • $500 deposit bonus and $500 risk free bet
  • Free bet promotions
  • King of daily fantasy sports (DFS)
  • Large library of sports to bet on

The 2019 passing of Proposal DD by Colorado voters has opened doors for sports betting in the Centennial State. The proposition’s approval has seen the entry of leading brands in online sports betting, among them is the DraftKings Online Sportsbook. The betting company had built a name as the leading daily fantasy sports provider before venturing into sports betting for the most popular sports markets. The king of DFS joined the sports betting industry in 2008.

If you love mobile sports betting, the sportsbook is available on apps for both Android and iOS devices, allowing you to bet on the go.

You will enjoy over 50 bets on NBA, NHL, and soccer games and over 100 bets on NFL games. The betting site also offers a wide variety of bets, from futures, parlays, moneyline, and spread bets to teasers, round robins, totals, and props. It is this diversity that places DraftKings among the leading brands in sports betting today.

Your betting experience here starts with mouth-watering welcome bonuses, free bets, seasonal promotions, and special odds boosts. As a new player, these bonuses and promotions allow you to get acquainted with the betting platform and try new sports markets.

Image 1: DraftKings sportsbook homepage

DraftKings Sportsbook bonus offer

The first thing you look for in a sports betting platform is the range of bonuses. These bonuses not only boost your bankroll but also introduce you to new sports markets.

Check out the DraftKings Sportsbook welcome package.

Sign-up bonus up to $1,000

If you are a sports bettor in Colorado, then you are in for some exciting news. This irresistible, risk-free deposit promotional offer from DraftKings targets new players.

The $500 deposit bonus plus a $500 risk-free bet ($1,000) gives you a chance to double your bankroll after depositing in your new account.

How does it work?

  1. Sign up or log in to your new account and make a deposit of at least $5.
  2. The sportsbook will match your deposit 20% to give you up to $500 extra. If you deposit $50, this means you get a $10 deposit bonus.
  3. To claim the maximum bonus, deposit $2,500 to get an additional $500 for your bankroll. There’s no bonus code required to claim your bonus.

$500 risk-free bet

In addition to the deposit bonus, there’s a $500 risk-free bet awarded to all new customers who sign up on this betting platform. How does it work?

  1. Sign up and deposit money (minimum $5) in your account.
  2. The sportsbook will match your first wager with an equal amount.

For instance, if you deposit $100, DraftKings will match this with an extra $100 to boost your bankroll. Whether you lose your first bet or not, the amount will be deposited into your account.

DraftKings’ risk-free bet offer is a smart way to try out its betting platform. Even if you lose your first bet, this offer guarantees you a second chance to continue playing with the instantly credited bonus.

DraftKings Colorado Sportsbook promo code –  October 2020

Online SportsbookDraftkings Online Sportsbook
Promo CodeNone - Use Links
Total BonusUp to $1,000
Deposit Bonus20% up to $500
Risk Free BetUp to $500
Last UpdatedOctober 2020

How to sign up

You must be 21 years of age and physically located in Colorado. Here are the simple sign-up steps:

  1. Use our exclusive link to visit the DraftKings Colorado sportsbook website. The betting platform uses geolocation (geo-tracking) technology to confirm you are physically present within the borders.
  2. Open an account and provide the relevant information. The sportsbook also requires verification of your account before you can make a deposit.
  3. Make a deposit using the different methods provided. (Terms and conditions apply).
  4. Claim your sign-up bonus of up to $1,000.

For mobile users, visit the sports website and click on the download link. The DraftKings sportsbook app is available for Apple iOS devices, including iPhones and iPads, and Android internet devices.

Sports markets at DraftKings in Colorado

Available sports on this betting platform include:

  • Baseball
  • Rugby Union
  • Rugby League
  • Aussie rules football (AFL)
  • Tennis
  • Cycling
  • Soccer (from international championships, EUFA Champions League, Bundesliga, MLS, LIGA MX and many others).
  • Football (NFL)
  • Football (NCAA)
  • Golf (PGA)
  • Hockey (NHL)
  • Horse Racing
  • MMA (UFC)
  • Basketball (NBA)
  • Basketball (NCAA)
  • Motorsports
  • Boxing
  • Cricket
  • Darts

DraftKings Sportsbook features

DraftKings’ betting platform is professionally designed and easy to navigate. The sportsbook gives players a robust menu of sports betting options that they can easily reach from the site. Some of the betting options provided include:

  • Bet slip: To place a bet, click on the odds and a bet slip will start populating automatically. You can have single or multiple bets or arrange them into a parlay.
  • Live and in-game wagering: You can opt for player props, sides, totals, first to 10 points, and other live betting options.
  • Alternate spreads and totals
  • Cash-out feature: This allows you to close out an active bet before the final outcome of a game. The cash-out depends on the live, in-play odds. This feature is available for selected sports for pregame, live, future, and parlay bets. It is an ideal feature to ensure partial winnings or to salvage at least some amount of your bet if your team loses.
  • Daily fantasy sports (DFS)
  • Futures: Such as who will win the World Series, NBA MVP, over/under NFL win totals.
  • Moneyline wagers
  • Spreads and totals: You can bet on fixed odds on team and game totals, quarters, halves, and other options.
  • Props: Player, team, and scoring props: For instance, you can bet which player scores first in a hockey match.
  • Pools: This feature allows you to place bets against other bettors. You choose a pool and pay the entry fee to start participating. Some pools have guaranteed prizes.

DraftKings Sportsbook app

This sportsbook app offers a wide range of sports and amazing features. The easy-to-use product includes invaluable education and statistics pages.

The Stats Hub is DraftKings Sportsbook’s home for statistics and is powered by iSportsGenius. You’ll get stats here on specific teams and much more.

There’s a glaring downside on the app in that the important educational pages feel hidden. Navigability of these pages is not smooth, and you’ll keep re-logging if you stay on the app for an extended duration. This is a hitch the developers should look into.

There’s also a lot of emphasis on safe play features on the app, including player limits, self-exclusion, and a cool-off feature. These features help you to remain safe when betting by protecting you against gambling problems such as addiction.

Promotions available on DraftKings

DraftKings’ Colorado sportsbook offers players exciting bonuses and promotions, including:

  • Free bets: These are dependent on the sports season, and you should keep checking the promotions link to claim any available free bets.
  • Seasonal promotions: The sportsbook also offers seasonal promotions and offers based on sporting events.
  • Special odds boosts: Keep checking your favorite sports market to discover any special odds boosts. These are for high-profile or nationally televised games/events and are mostly in the form of prop bets.
  • Loyalty program: There’s a loyalty program, centered on missions to give you access to new promotional offers, including free bets and boosts. On the rewards page, you will find the link to opt in and start accumulating your benefits.
Image 2: Pools page on Draftkings App
Image 3: DraftKings App home page

Banking options on DraftKings Sportsbook

The DraftKings sports betting platform offers multiple deposit and withdrawal options. Take a look:


  • PayPal
  • Bank transfer
  • Skrill
  • Play+, (a prepaid option paid directly to DraftKings)
  • Visa/Mastercard (depends on the bank issuing the card)


  • PayPal
  • Bank transfer (ACH)
  • Check

Legality of DraftKings sports platform

With the launch of many sportsbooks in Colorado, you need to assess the background of each company before joining. For DraftKings, you have an established name in sports betting spreading its wings to the Centennial State.

For a long time, DraftKings dominated daily fantasy sports, branching into sports betting in 2018. This was after a Supreme Court ruling allowing states to regulate sports wagering within their jurisdiction. DraftKings’ entry into the Colorado betting market comes after the state’s referendum in 2019 that legalized sports betting.

Customer support

The sports betting platform offers excellent 24/7 customer service through live chat, email, phone, and a comprehensive FAQ page. Its representatives are available to chat and solve your issues day and night on both the app and desktop sites.

Wrapping up

DraftKings has come a long way since joining the sports betting market. Its entry into the Colorado market indicates its intent to become a leader in the sports betting industry. You will enjoy a refreshing sports betting experience on DraftKings. Both the desktop and mobile sites are easy to navigate, and you’ll find your favorite sports quickly. The welcome bonus package is incredible, and so are the running promotions and offers.

However, the sportsbook has some work to do in a few areas. Its biggest downside is the highly priced odds. The vig on some games and formats is higher compared to the competition. What’s more, there’s no direct phone support, though there are callbacks. Despite these setbacks, DraftKings offers a simple and straightforward solution for bettors in Colorado. The sports betting platform has set the bar high while offering bettors an awesome betting experience.