How Does DraftKings Work?

DraftKings has been a Daily Fantasy Sports leader since 2012. Largely viewed as the King of DFS, DraftKings was founded and is still operated, by former VistaPrint bigwigs Matthew Kalish, Jason Robins, and Paul Liberman.

After striking a deal to merge with rival FanDuel in 2016 - government approval pending - 2017 is set to be a watershed year for the Fantasy Sports industry. Here we look at how DraftKings works.

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DraftKings Fantasy Sports Games 

Let's review how Draftkings sports games work.

What is DraftKings?

DraftKings sportsbook isn’t a traditional type of bookmaker for sports betting. Instead, it’s primary service runs a series of daily and weekly games that involve fantasy gaming competitions among two or more players. 

Following the pattern of popular fantasy sites like Yahoo Sports, DraftKings was founded in 2012 by a trio of Bostonians. The service turned out to be popular and grew through investments by Major League Baseball and other venture capital groups. DraftKings and FanDuels even attempted to merge, but the United States FTC nixed the merger because of business competition laws.

DraftKings blew up in the United States and survived various challenges, but DraftKings Canada service has turned out to be popular north of the border as well.

Canadians enjoy access to a variety of online sportsbooks, such as Sports Interaction (SIA) so DraftKings Canada app adds another choice for sports fans to enjoy.

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  • DraftKings Promo Code

    DraftKings Promos

    Those looking for a DraftKings promo code will be able to find various offers around the internet. Some sites have their own specific codes on offer – however, the DraftKings website often publishes monthly promo codes for people who are signing up for the site. Make sure to check them out first. Similar to sites like Betway, DraftKings promos will change from time to time. 

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  • How to Sign Up for DraftKings

    Similar to regular sportsbooks, DraftKings requires that players identify themselves to ensure that minors can’t play, and to ensure that the source of the wager is known as well. When you sign up for DraftKings, you’ll need to start with a minimum of your email address and name. You have the option of quickly signing up through Facebook as well.

    After creating an account and verifying the basics, you’ll need to deposit funds that you will use for your stake. The website will also direct you to enter promo codes, in some cases just needing a quick click to do so.

    DraftKings Canada App

    DraftKings Fantasy Games

    One of the reasons why DraftKings grew so rapidly would be the fact that the company runs daily fantasy games across a variety of different sports and leagues. Unlike year-long fantasy leagues, players always live to fight another day. In a year-long fantasy competition, if you have a horrible start or if your team suffers an injury, you could easily be out of the money for the rest of the season.

    DraftKings runs a variety of games, all of which require a stake which can range from less than a dollar to thousands of dollars. You’ll also find a bunch of daily rewards along with a points system referred to as crowns that can be redeemed for various purposes. Rewards can be applied to guaranteed prize pool games, 50/50 games, three-man leagues, and even head-to-head contests.

    When the U.S. federal government loosened the laws for sports gambling, DraftKings was the first company to provide mobile and online sports wagering on August 1st, 2018. The sportsbook part of their service accepts wagers for props, futures, live bets, standard bets, and various specials through the site.

    DraftKings Sportsbook

    How to Play DraftKings Games

    Similar to the typical fantasy sports competition, DraftKings involves making stats predictions about individual players. The better the stats, the more points your team gains. The team with the most points win, but different conditions exist to determine players who win money. Some games will feature multiple prize winners.

    Typically, you’re given a salary cap, and you need to select the best team of players within that salary limit. Essentially, the idea is to select the best possible team within the salary cap. Finding players who produce well but don’t require a huge cap investment is paramount, separating the winners from the losers.

    Fantasy Football

    Fantasy football for NFL betting peaks every Sunday, although DraftKings also offers games for Monday Night Football, Thursday Night Football, and whenever a Saturday game pops up. Passing, rushing, and receiving stats tend to be the focus of these games.

    Fantasy Hockey

    DraftKings fantasy hockey games include skaters and goaltenders. For forwards and defenders, assists, goals scored, and extended stats like power-play points and plus/minus. Goalie stats include shots saved, goals allowed, and shutouts.

    Fantasy Baseball

    The sport that produces the largest number of stats was one of the first to invest in the platform. DraftKings baseball games include pitcher stats like runs allowed and strikeouts. Batting stats would include hits, RBI, home runs, runs scored, and other positive metrics.

    Fantasy Basketball

    NBA DraftKings daily games involve picking players who score the most points, grab the most rebounds, and distribute the most assists. A variety of other stats may be included, such as steals, blocks, and even triple-doubles.

    Fantasy College Sports

    NCAA basketball and NCAA football are also featured in DraftKings, including the same range of stats as the pro leagues. Other NCAA sports are offered throughout the year.

    Dozens of Fantasy Games Available

    You’ll be able to find DraftKings games for dozens of sports and competitive leagues around the world, such as NASCAR, UFC, EuroLeague Basketball, Soccer leagues, and more.

    DraftKings has also embraced the eSports scene wholeheartedly. eSports competitions such as League of Legends, Rocket League, CS:GO, iRacing and Call of Duty all feature their own complete set of stats that you can build fantasy teams on.

    In addition to their fantasy games, you’ll find a sportsbook and casino available for players who want to place bets on sports or place wagers on a few hands of blackjack or poker.

    Remember that when funding your account, Bitcoin is the best option for you to play the games.

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  • When you sign-up to a major sportsbook that offers Draftkings games, remember to claim your welcome bonus.