DraftKings has come up with a new unified rewards system that covers the full slate of its products: casino, sports betting, and fantasy sports.
This is great news for players on the platform: the new system, DraftKings Dynasty Rewards, keeps everything in one place and offers a more transparent and rewarding experience for the user.
Dynasty Rewards are like what many other major operators offer. This is certainly not a bad thing by any means. Following a tested and tried recipe, the operator makes it easier for the players to know exactly what rewards they can expect and how much they need to play to get to the next level.
The new system keeps the fundamental bonus currency of the site, which is known as Crowns. These are basically loyalty points that can be exchanged for bonuses and other rewards at the bonus store. The novelty is that the breakdown of how players earn crowns is more transparent and much easier to understand.
|Casino (progressive slots & keno)||1 Crown per $1 wagered|
|Casino (regular slots)||1 Crown per $2 wagered|
|Casino (table games & video poker)||1 Crown per $5 wagered|
|Lottery||1 Crown per $1 wagered|
|Sports betting||1 Crown per $2 wagered|
|Fantasy||1 Crown per $1 in entry fees|
|Marketplace||1 Crown per $2 spent|
It is important to note that some real money wagers are excluded from earning Crowns. Sports bets with odds of under -1000 will not count towards Crowns and neither will any bets made on craps tables. These exclusions are minor and will not influence most players, but it is good to know about them, nonetheless.
By earning Crowns, players do not just get to exchange them for rewards. They also climb the ranks of the loyalty club, which provides them with access to significant boosts and special rewards not available to lower-tier users.
The DraftKings Dynasty Rewards Loyalty Club features five distinct levels that get unlocked after reaching a certain number of Crowns during the calendar year:
Each new level retains all the benefits of the previous levels and adds new ones.
Perhaps the most important is the boost to Crowns. This increases your earn rate across all games—so if you achieve Gold, for example, you earn 20% more crowns for every game you play. That means 1.2 crowns for every $2 wagered in sports betting or $5 at table games, for example.
Other perks include access to priority customer support, the VIP Associates program, or an exclusive VIP Host. Players at Diamond and Onyx can also gift the lower reward tier (Gold or Diamond, respective) to a friend.
|VIP Level||Annual Crowns Target||Crowns Boost||Gift to Friend||VIP|
|Bronze||Open to all|
|Gold||125,000||20%||Priority customer support|
|Diamond||500,000||30%||Gift Gold tier||VIP Associates|
|Onyx||1,000,000||40%||Gift Diamond||VIP Host|
All players (except for users in Indiana) can redeem their Crowns via the loyalty shop, known as the Dynasty Store (formerly DK Shop) on the site.
Everyone has the access to the store from the moment they open an account. However, players in the highest tiers can also use their Crowns to redeem exclusive live experiences.
Players can exchange their Crowns for DK Dollars, at the rate of 550 Crowns for 1 DK Dollar. These are issued as bonus funds, but wagering requirements are just 1x, so it means you just need to turn over these once before you can withdraw them.
For example, you can use 10 DK Dollars to place a $10 sports wager. As soon as that wager settles, you’ll be able to withdraw all the resulting winnings without any further restrictions.
Instead of bonus funds, Crowns can also be exchanged for merchandise, gift cards tickets, travel experiences, and even charitable donations.
Some current featured items in the store right now include:
|Item||Cost in Crowns||$ Equivalent|
|Tag Heuer Watch||1,386,130 Crowns||$2520.24|
The range of available offers is subject to change, so the best way to see what is available at any given moment is by logging into the DraftKings account and browsing the store.
So, how rewarding is the Dynasty Rewards program? Here’s a quick breakdown, assuming crowns are all converted directly bonus dollars (some items in the store might confer more value).
Everyone reaching the Silver tier will receive a bonus boost on the number of crowns accrued over the month, starting at 10% for Silver members and going up to 40% for players in the Onyx tier. These bonus Crowns are issued during the first week of the following month and can be used in the loyalty store.
The table below shows base return rate based on games played, plus the return on Onyz with the 40% boost.
|Crowns Earned per $1||Redemption Rate||Return %||Return on Onyx (40% Boost)|
|1 Crown per $1 (progressive slots, keno, lottery, and fantasy)||550 Crowns per 1 DK Dollar||0.182%||0.255%|
|1 Crown per $2 (marketplace, sports, regular slots)||550 Crowns per 1 DK Dollar||0.091%||0.127%|
|1 Crown per $5 (table games and video poker)||550 Crowns per 1 DK Dollar||0.036%||0.051%|
Fantasy players also have access to special promotions that entail missions and achievements. Completing these missions will also boost the number of base Crowns and increase the overall tally.
You do not need to do anything special to join Dynasty Rewards and no opt-in is required. All players are enrolled automatically as soon as they register with the site and the moment you start making real money wagers, you will start collecting Crowns (loyalty points).
Play on almost every DraftKings game generates crowns, including sports betting, casino and fantasy sports.
However, the earn rate differs for each game: On some you get 1 Crown for every $1 in bet or wager placed (progressive slots, keno, lotery and fantasy); others are 1 Crown for every $2 (marketplace, sports, regular slots) and table games and video poker earn at 1 Crown per $5 wagered.
The only bets that earn no crowns are spotrsbook wagers at less than -1000 odds, and casino craps.
There are five VIP tiers, and you reach them by hitting a points target across a calendar year: Starting at Bronze (entry level) and going up to Onyx (for those who can earn 1 million Crowns in a year). This gives you bonus crowns, access to VIP support, and other perks.
Crowns can be exchanged at the Dynasty Store (aka DK Shop) for bonus money (DK Dollars) and other things such as physical merchandise, tickets, competition entries, and charitable contributions. When exchanging Crowns for DK Dollars and Fantasy entries, the exchange rate is 550 Crowns for 1 DK Dollar.
Crown boosts are added to the players’ account at the start of each new month based on the number of crowns earned during the previous month. All players in the Silver tier and higher are eligible for Crowns’ boosts, starting at 10%.
Yes, the new Dynasty Rewards program includes all players across all DraftKings products. Whether you bet on sports, enter fantasy contests, or play casino games, you will earn Crowns.