DraftKings Review & Referral Code – Jan 2023

DraftKings was founded on 31 December 2011 as a daily fantasy sports platform and later added a sportsbook section. In 2018, they also added a casino section. In this DraftKings review, we will explore and analyze DraftKing and its referral code in-depth and find out how it’s established itself as one of the leading sportsbooks in the industry.

✨ DraftKings Pros & Cons

Draftkings is considered one of the best sportsbooks in Ontario and Canada. Nonetheless, it still has a few drawbacks compared to other bookmakers. Check out the operator’s pros and cons below:

✔️ Pros

✔️ Licensed in Ontario   
✔️ Safe and secure banking transactions      
✔️ User-friendly betting interface        
✔️ Professional customer support

✔️ Cons

❌ Not the most competitive odds  

🙋 How to Sign Up for a DraftKings Account 

To start placing bets at this online sportsbook, you must first sign up for an account. The operator has a very user-friendly interface, so bettors can sign-up in a matter of minutes. To register for an account, you must be within provincial borders.

Our Draftkings review also includes a signing up guide. Have a look at the steps below to go through the registration process:

  1. Start by visiting the bookmaker’s website.
  2. Click on the Login/Join tab in the top right corner.
  3. Enter your email, username, password, and phone number. If you have a code, you can also enter it here. However, one is not needed to sign up. Click the terms and conditions tabs to accept them.
  4. Click on Create Account to finish the sign-up process.
  5. You can now log in to make a deposit.

After you’re done, simply log in to get started. You’ll be able to access all the bookmaker’s features right away.

draftkings registration

🙋 DraftKings Code 

Most onlne sportsbooks have a code that bettors can use, usually consisting of a combination of numbers and letters. Usually, these codes can be applied when signing up for an account, but they’re not needed to sign up. Sometimes, existing players can also apply certain codes to specific games or bets. 

Different types of codes are available, such as welcome codes or the DraftKings referral code. By using a code, you’ll be able to better enjoy everything the bookmaker has in store thanks to its improved opportunities. However, be advised that almost all codes have a certain validity time, and many codes tend to be for one-off use. Please check your Draftkings referral code eligibility before getting started at this online sportsbook.

What Is the DraftKings Code? 

The DraftKings referral code is a special code players can use when they register for an account. This operator is fully licensed in Ontario, and eligible players can input a code in a specific field when signing up. 

Do you have a Draftkings referral code you’d like to use? Here’s what you need to do to enjoy it to the fullest:

  • Register at the bookmaker.
  • Deposit using a suitable method.
  • Enjoy your access to the operator’s sports selection.

One of the greatest things about this bookmaker is that you’ll receive a free bet equal to your wager in case you lose. Our DraftKings review was able to find the following restrictions:

  • Players will need to deposit at least CAD 100.
  • The bet is valid for seven days and cant’ be redeemed for cash.
  • Only available to new players 19 or over physically located in Ontario.

Who Can Claim or Use the Code?

Legal Canadian sportsbooks are regulated by the AGCO, which means they must follow many regulations to comply with the AGCO’s gambling laws. For this reason, the bookmaker doesn’t accept bettors under the age of 19. Additionally, players looking to register at this bookmaker must be located in the province.

Keep in mind that only one Draftkings referral code can be used per player. To use it, you’ll have to place an eligible deposit. It isn’t compatible with other similar deals.

Where Do They Need to Put the Code?

Luckily, our Draftkings review noticed that using your Draftkings referral code is effortless. All you need to do is click to register and enter it. You can claim it directly from the website or by clicking the relevant link. If you choose the second option,  it will be automatically attributed. Getting started at this online sportsbook is easier than in most of its competitors.

🔑 DraftKings Key Features 

Bettors can bet real money on both pre-match and live events. Aside from this, the operator also has a wealth of leagues and cups available on the site. This site also features a casino section, which we’ll look at in more detail below.

Live Streaming

The operator has partnered with the top sports media channels to create its live streaming service. It allows you to watch live games with live scoring and real-time odds so they’re always on top of the action. It’s the perfect feature to complete the sportsbook’s impressive live betting section. Our Draftkings review found out that, at the time, the live streaming service is only available on the mobile app. You can’t watch live games from your desktop computer. 

Sports Markets

One of the reasons that makes this bookmaker stand out from the competition is its huge variety of sports markets. The sportsbook features all the popular sports and leagues, including the NHL, NFL, NBA, and MLB. 

Each event has a good amount of betting markets too, such as over/under, results, correct score, and even prop bets. Most of the time, the operator’s odds seem to be on par with other top-rated sportsbooks. However, our Draftkings review noticed that some markets don’t have the most competitive odds.

Live Betting

Being able to place wagers even after the event has started is a game-changer in sports betting. The operator’s live betting section is impressive as it has an extensive list of betting options, including spread bets, over or under bets and props.  

Aside from this, you can also bet on almost any sport or league you can think of, such as the MLB and MLS. Bettors can use this feature to check out markets for games in progress as well as immediately view updated odds. 

Another feature that DraftKing has is the range of useful stats on their live sportsbook markets. This allows you to know how the game is progressing for you to know how to choose your next bet. In a tennis match, for example, they will provide stats on a specific player’s average wins, tie-break percentage, etc. 

draftkings live betting

Daily Fantasy

Daily Fantasy allows you to place daily one-off bets on many sports games, including but not limited to soccer, basketball and tennis. Always make sure to read and understand the rules of Responsible Gambling before placing any risky or large bets. 

The Daily Fantasy section also includes features such as esports that you can wager on. This can be done on games like CS:GO. The Daily Fantasy feature is one of the key items setting this bookie apart from its competitors. This is due to the fact that it is a daily running event. This gives you the chance to have a daily wager on the sport you love the most.

Early Cash-Out

This operator has made the early cash-out feature widely available and can be found in many markets. The early cash-out feature allows you to settle your bets before the match reaches its natural conclusion. This Draftkings review notes that the odds from cashing out early are lower than the base odds. Early cash-out gives you the chance to limit your losses as the match progresses. The early cash-out feature can also be used in estimation if you think that the odds will turn against your favour. 

Casino Section 

Apart from the DraftKings sportsbook, there is also a casino section available. The casino has an impressive range of games available from renowned developers. 

This action can be accessed from the same account as the sportsbook. You will find hundreds of popular slot games, live dealer options, and a few exclusives games in the casino lobby.

In the casino section, you will find a large selection of not just casino slot games but table games as well, with blackjack being the most common version on the site. There are quite a few iterations of blackjack that can suit everyone’s taste. These range from unusual themes like Basketball Blackjack to Multihand Blackjack. If blackjack isn’t quite your thing, rest assured there are poker versions and even craps available.

With the casino section, you have a leaderboard. On the leaderboard, there are daily and weekly winners and championships. Each player in the top 10 of the leaderboard receives a prize in terms of credits or codes. It’s also possible to receive free ‘crowns’ per bet. The free crowns gained can be converted into DK dollars and used as credit when playing your favourite slot. 

One of the most popular options in the casino section is the education hub. In the education hub, you have the opportunity to learn and play a game for free before you start wagering. With this hub, you do not need credits and have the opportunity to find your perfect game. 

There are sections and subcategories that will lead you straight to where you want to be. With 806 casino games to choose from, this could be a daunting task but lucky for you, this has been made easy through the operator’s robust search function. 

draftkings caisno

Same-Game Parlays

Parlays were the only way to legally place wagers on Canadian teams and leagues before sports gambling became legal in the country. Today, same-game parlays are another awesome feature available at this bookmaker.

There are same-game parlays for numerous sports, including baseball and football. If you want to place a bet, locate a game with an +SGP icon in its top-left corner. Simply toggle on Same Game Parlay to view available bets. From here, you can build your parlays and add them to your bet slip.

DKNation Sports News

The sportsbook also created its media outlet – DKNation, for the latest sports news. The page is regularly updated with the latest news in the sports industry. Additionally, bettors can come across match analysis, predictions, interviews, and other information. Who knows, maybe it can help you with your gambling decisions. DKNation is part of Vox Media, a giant media business based in Washington. 

Marketplace

If you’re a crypto enthusiast, our Draftkings review has good news: you may have a shot at receiving exclusive drops and NFTs from this bookmaker. The sportsbook has partnered with many world-renowned athletes to create their NFT collections. The list includes Tiger Woods, Rafael Nadal, James Harden, Tony Hawk, and more. Additionally, there’s also a marketplace where players can buy and sell their prized crypto assets.

📱 DraftKings App

The sportsbook has an impressive app that follows the same design as the website. The app is available on iOS and Android platforms and can be enjoyed on any mobile device. You can get a mobile betting app link from the website. 

The sports betting app has a mobile-friendly interface with a wide array of sports and markets. You can access everything from sport to an intuitive bet slip and banking options where you can make deposits and withdrawals. Additionally, you can add bets with just a few taps. 

The navigation bar at the bottom of the app provides easy access to the different sections. The mobile app does not only have sports gambling but has a section for casino slots as well. This means you can access the sportsbook and the casino from anywhere at any time. 

The operator uses geolocation software. This is because licensed and regulated sportsbooks need to verify the location of their players to ensure that they are within provincial borders where sports gambling fully legalized. Therefore, you will need to be within the province to use the mobile app and place bets legally. There are also has separate apps for its casino, sportsbook and Daily Fantasy Sports sections.

Sports App

sports app

Casino App

casino app

✔️ DraftKings’s Licence and Security 

This province’s regulated sports betting market went live on 4 April 2022. DraftKings Sportsbook soon after joined on 18 May 2022. Nowaday, it works in partnership with iGaming Ontario. 

AGCO has strict regulations that all sportsbooks need to follow to remain licensed. Thus, anyone living in the province can join and bet on the sportsbook if they meet the sportsbook’s requirements. 

The law states  that you must be 19 years or older. Secondly, you must have a Canadian Social Insurance Number and have your identity verified. Lastly, you must physically be within the province.

The operator maintains a strong regulatory history. Strong digital security, a history of compliance throughout American markets, and many regulatory reviews for licenses in over a dozen American state markets set them apart from many other operators.

💳 DraftKings Deposit and Withdrawals

The sportsbook has a variety of different deposit methods. The deposit methods include Visa, MasterCard, Maestro, Skrill, Paypal, Pay Plus, e-Check and cash. 

Most methods include a minimum deposit of CAD5, and each has its maximum deposit limit that can vary between players. Special players and VIPs may be eligible for higher deposits. Nearly all deposit methods are processed instantly.

You can make a deposit in just a few steps:

  1. Click on the deposit tab. 
  2. Enter the method you wish to use and the amount you want to deposit. 
  3. Click on confirm.

Below you will find the list of methods that are currently available to deposit money at this bookmaker:

Deposit MethodFeeProcess TimeMinimum Deposit
VISA
visa
FreeInstantN/A
Mastercard
mastercard
FreeInstantN/A
Discover
discover
FreeInstantN/A
PayPal
paypal
FreeInstantN/A
e-Check
echeck
FreeInstantN/A
Wire Transfer
wire transfer
FreeUp to 48 hoursN/A

Aside from the deposits, there are also various withdrawal methods available, most of which take between three and five business days. Players can withdraw their winnings in just a few steps.

  1. Once logged in, click on the withdraw tab under My Account.
  2. Enter the amount you wish to withdraw.
  3. Select the method you prefer for your withdrawal by clicking on add payout method.
  4. Choose between the various methods available.
  5. Click on confirm.
  6. All your pending withdrawals will show under pending withdrawals until they are complete.

Below is a list of all the withdrawal methods currently available with their processing times.

Withdrawal methodFeeProcess TimeMinimum Withdrawal
Play+Free2 to 4 daysNone
Online BankingFree3 to 5 daysNone
Wire Transfer
wire transfer
FreeUp to 48 hoursCAD 20,000
PayPal
paypal
Free3 to 5 daysCAD 1
e-Check
echeck
Free3 to 5 daysNone
CheckFreeUp to 7 business daysCAD 15

⭐ DraftKings Customer Service

This site takes its customer support seriously and has a dedicated, very knowledgeable, and helpful team available. Their contact page has a form to quickly send them a message, upon which the team usually responds in under 24 hours. 

If you prefer to solve things right away, you can use its 24/7 live chat option to quickly reach out to the team. There’s also an extensive help center and FAQ with many helpful topics and detailed answers. The sportsbook clearly wants players to have a positive gambling experience.  

💡 DraftKings Review Conclusion 

After reading through this DraftKings review, it should be evident why they are considered a premium platform in the sports betting industry. The sign-up process is quick and easy. Deposits and withdrawals can be made without hassle. There are also various deposit and withdrawal options available. Withdrawals are paid on time and without issues.

The operator uses top-notch security measures such as SSL encryption, and the operator is known for its reliability. Players also need to verify their location and identity before placing bets, making sure that they are within legal state lines.

Its sportsbook boasts a range of excellent user-friendly apps. It also has a very extensive and diverse list of betting options. Apart from all of the above, there is a 24/7 customer support service available.

Two standout areas on both the site and app are the selection of markets and the live betting feature. Below you can find some quick facts about the DraftKings sportsbook.

FeaturesDetails
Mobile appYes (iOS and Android)
CasinoYes
Payout speed1-3 Days

It’s also important to note that you should play responsibly when gambling online. We recommend reading the terms and conditions and Draftkings referral code policy before getting started. Sportsbooks must ensure players have access to the information required so they can make informed decisions. Take your time and plan your budget before you proceed.

❓ FAQ 

See the frequently asked questions below if you still have any questions after reading our DraftKings review.

Yes, DraftKings is a legitimate and legal real money sportsbook. They are fully licensed to operate legally in the province.

No, DraftKings does not currently support cryptocurrencies.

Yes, you can place bets using the DraftKings sportsbook app or online website. The app includes live betting and same-game parlays.

Yes, DraftKings is a complete sportsbook where you can legally withdraw your winnings. You can click on the Withdraw tab under My account to withdraw winnings.

The DraftKings withdrawal process normally takes between one to two business days. It might take a little longer to reach your bank account. You can view all of your pending withdrawals via your account page until they are complete.

19+ | Please play responsibly | Commercial Content | Terms and Conditions apply