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DraftKings is one of the biggest names in the US sports betting market. As such, it came as no surprise to see DraftKings NY Sportsbook as one of the very first betting sites to receive its gaming license from the New York State Gaming Commission (NYSGC). It launched as soon as sports betting was legally allowed in New York State, going live at 9 am on January 8, 2022.

This was an important moment for DraftKings, which already has a presence in several US states such as Michigan and Pennsylvania. Namely, New York is the biggest state the site has acquired a license for, so this was a very significant business expansion.

For the customers, DraftKings Sportsbook NY offers everything a bettor could ask for — from a generous welcome bonus to a top-quality betting platform with a wide array of sports and markets to choose from. The operator caters to experienced players, casual bettors, and those just making their first steps into the world of online sports betting.

In this DraftKings Sports NY Review, we cover everything you need to know before you place your first bets. Learn about the bonuses and promotions that are available to maximize your value, what payment options the operator supports, how to get the most out of your betting experience, and much more.

Welcome Bonuses

Welcome Bonuses
3.8
Low percentage

DraftKings may not be the most generous in terms of sports betting welcome offers, but new customers can still take advantage of a nice boost to get them started. The maximum bonus amount available via this promotion is $1000, and we provide you with all the details about this offer below.

DraftKings Sports NY $1000 Bonus

All new depositing players are eligible to receive a Welcome Bonus of up to $1000 on their very first deposit. The bonus match percentage is just 20%, though, which means that, in order to get the full amount, a player must deposit $5000.

Someone making a $200 deposit would receive $40 in bonus funds, which is nice, but not quite as generous as what some other US bookmakers have to offer.

The bonus funds are released according to the following rules: For every $25 wagered, $1 of bonus funds is released into the player’s real money account. There is a 90-day window to clear the entire bonus and any funds that are not cleared by that point will be forfeited.

For sports bettors specifically, it is important to note that their bets will only count towards wagering requirements if total odds are -300 or longer. Wagers with better odds will not count towards releasing your DraftKings New York Welcome Bonus.

Promotions

Promotions
4.8
Versatile

At the time of writing this DraftKings Sportsbook NY review, the site is still quite fresh to the market. This means that they are yet to fully shape up their promotions and give an idea of what sort of promos players can expect to find on the DraftKings NY site.

That said, the operator has come out swinging, featuring some interesting promos right out of the gate which makes us excited to see what sort of promos we will see from this sportsbook in the future.

Some of the initial promos saw DraftKings NY giving everyone a chance to double their money if both teams scored a point in select NBA games or scored a touchdown in select NFL games. Clearly, this was easy money, but the idea was to get players hyped up and to join the site en masse.

Moving forward, we can probably expect promotions similar to the ones found at other DraftKings sites, such as:

  • Free Bets — Giving away free bets to players who meet certain conditions, such as making a deposit or betting on a particular game or event.
  • Boosted Odds — A standard sports betting promotion, where certain matchups get boosted odds that are much better than what you would normally get. This promo is usually offered for major games.
  • Competitions and Leaderboards — DraftKings loves setting up all sorts of competitions for their bettors, giving them a chance to test their skills against each other and earn valuable rewards. You can expect these to be available in New York as well.

Rewards

Rewards
4.7
Generous

Bettors in New York have access to the well-known DraftKings Rewards program, which really helps the bookmaker stand out from the rest. The system uses Crowns, which are basically loyalty points you earn by placing real money bets with the bookmaker.

By accumulating Crowns, players can get to higher tiers. The tier placement is determined based on the number of Crowns accumulated during the month.

Players also receive daily rewards. This approach ensures users are more motivated to log on every day and claim their prizes, as each one is only valid for 24 hours. These prizes can be extra crowns, DFS competition tickets, or DK Dollars.

DK Dollars are the on-site currency that you can use in the Dynasty Store (aka DK Shop) to purchase merchandise, additional crowns, and other goodies. However, they cannot be directly exchanged for real money.

Mobile

Mobile
4.7
Great apps

DraftKings NY offers a very modern mobile app that covers all the needs of those who want to place their bets on the go. The app is available for Android and iOS devices alike and it has received stellar reviews in the app stores, making it very clear that this is one of the best and most reliable sports betting apps on the market.

DraftKings NY Mobile App Features

  • Stats Hub — A very convenient feature that gives you access to some of the most important statistical information about major sports, allowing you to make better-informed and more profitable bets.
  • Promotions — Full access to all the promotional offers by the bookmaker, ensuring you never miss out on a good deal.
  • In-Game Betting — Those bettors who like to place their bets live, while the game is ongoing, can do so through the DraftKings Sports NY mobile app. This feature is very well-designed and you will be able to navigate it easily, allowing you to place your bets in a timely fashion.
  • Quick Links Access — Use the selection of quick links to easily access every section of the app with a few simple taps.
  • Responsible Gaming — Access all the different responsible gaming tools and features from the app and have full control over your gaming habits and bankroll.

Bet Types

As one of the leading online sportsbooks in the US, DraftKings understands the importance of providing access to a wide array of betting options. New York sports fans can place their wagers on a variety of popular sports and leagues, from NBA, NFL, NHL, and MLB, to tennis, UFC, golf, table tennis, darts, e-sports, and more.

The bookie also provides a great variety of betting options and markets, giving everyone a chance to bet in a way they prefer and create their betting slips just the way they like them. This includes:

  • Parlays
  • Money Line Bets
  • Futures
  • Totals
  • Prop bets
  • Live betting, and more.

The bet slip is always automatically generated with your first pick, which makes placing bets on DraftKings Sports NY as easy and as convenient as possible. Editing your slip is also super simple, so you can add new picks and remove the existing ones with no effort.

Banking

Banking
5.0
Fast withdrawals

Like other licensed and regulated bookmakers in the US, DraftKings NY accepts a solid variety of banking options that players can use to fund their accounts as well as withdraw their winnings. The process is usually quite straightforward and does not require much effort at all.

Deposits

To fund your DraftKings Sports NY account, you can use one of the following options:

  • Major credit cards (Visa, MasterCard, Discover, AmEx)
  • PayPal
  • ACH
  • Bank transfers

A majority of these methods are instantaneous, which means the funds will be available in your betting account immediately. Keep in mind that, when using credit cards, it is possible for gaming transactions to be declined, even though the operator is completely legal, which is why more experienced players often opt for one of the alternatives.

Withdrawals

Withdrawing funds from your DraftKings NY account is usually just as simple. The list of supported methods you can use to cash out includes:

  • ACH
  • PayPal
  • Check by mail

Withdrawals are processed quickly and with methods like PayPal, you can expect to receive your winnings the same day. Of course, if you opt for a paper check, it can take a few days for it to reach you, but whichever method you choose, you can rest assured your winnings will be paid in full and with no issues whatsoever.

What Makes DraftKings Sportsbook NY a Good Choice?

Here are some of the main reasons why this bookmaker is a top choice for any sports betting fan:

An Established Name

DraftKings has established itself as one of the leading authorities in the betting industry. This sportsbook knows what players want and it delivers across the board. While the welcome bonus is perhaps somewhat lacking, everything else is just right.

Furthermore, with an operator of this stature, you will always know what to expect and can rest assured that the customer will always come first. DraftKings has a reputation to protect, and this always works out in the player’s favor.

Top Quality Mobile App

Offering one of the best mobile apps in the market, DraftKings promises a pleasant and seamless betting experience on the go. In this day and age, this is very important, as more and more players prefer to use their mobile devices over desktop computers and laptops.

The app is available for Android and iOS phones and tablets and offers a very intuitive and easy-to-use interface. Placing bets is very easy, as is depositing funds and accessing promotions.

Good Variety of Betting Markets

Regardless of which types of bets might be your favorite, DraftKings NY has you covered. Place futures, money line bets, parlays, prop bets, and whatever else comes to mind with zero hassle or headache. As an experienced bookmaker, DraftKings understands the importance of providing players with a wide scope of choices.

Quick Withdrawals

You can feel confident that your winnings will always be paid in a timely manner and with no unnecessary delays. Pick a banking option that works for you and receive your funds in a matter of hours with methods like ACH and PayPal. With DraftKings New York, you will never have to wait long to get your well-deserved funds.

How to Join DraftKings New York Sportsbook

Joining DraftKings Sports NY is easy. If you do not have an account yet and want to get started, follow these simple steps, and you will be ready to place your first bets in a matter of minutes:

  1. Follow our DraftKings NY signup link to visit the bookie’s page.
  2. Click on the signup link on the page to begin the registration process.
  3. Fill in the registration form with your name, surname, address, and other personal details. Make sure to enter all of this information correctly as it will be used to verify your identity and confirm your account.
  4. Provide additional verification documents if required. Usually, the last four digits of your SSN and the rest of the info will be enough, but sometimes DraftKings might ask for copies of your photo ID and proof of address.
  5. Download the mobile app if you want to bet on the go. This is not required, but it is recommended if you like to place bets on your phone.
  6. Log in with your newly created account and make a deposit using one of the available methods.
  7. You are now ready to place your first bet and claim any promotions on offer at the time of opening the account, so make sure to check the promotions section on the site.

FAQ

Do I have to be in New York to place real money bets on DraftKings Sports NY?

Yes, you have to be physically present in New York State to be able to place your bets on the site. The operator will use geolocation to verify that you are within state lines when you access the site or use the app, and you will not be able to create new bets if your location is not confirmed as NY.

What kind of a welcome bonus can I get at DraftKings New York?

DraftKings NY offers a 20% bonus, up to $1000 on your first deposit. This means that if you deposit $100, you will get an additional $20 to bet with. The bonus comes with 25x wagering requirements, and for the bets to qualify towards wagering, they need to have the odds of -300 or longer.

Is DraftKings NY a legal and safe bookmaker?

Yes, DraftKings New York is a completely legal and safe operator, licensed by the New York State Gaming Commission (NYSGC). This means that the operator has to adhere to very strict laws and regulations and that your money and personal information are kept safe at all times.

What deposit options can I use to fund my DraftKings Sportsbook NY account?

DraftKings NY supports a variety of banking options for deposits, including MasterCard, Discover, Visa, AmEx, PayPal, ACH, and wire transfers.

Can I play casino games on DraftKings New York?

No, at least not at the moment. While DraftKings offers an online casino in some other states, online casino gambling is still not regulated in New York. If and when this changes, it is likely DraftKings will expand its offer to include casino games as well.