Draftkings Cash Out Option

broken image


  • Dec 30, 2018 A click on the Cash Out button that appears on every open betting ticket is all it takes. The live ticketing system even applies if you have suddenly second thoughts about taking a stake in multiple games. In other words, you can jump off a parlay just as easily as you can a single-game ticket.
  • DraftKings Sportsbook Deposit Options. Reliable deposit options at DraftKings Sportsbook include ACH/eCheck, DraftKings Play+ Prepaid, and PayPal. Credit and debit cards offer another way to instantly put funds in your sportsbook account, although debit/credit card deposits are occasionally rejected by the bank.
  • Oct 14, 2019 Cash Out is a sports betting feature that's associated with mobile sports betting in overseas sportbooks. Cash Out is currently only available when placing sports bets online in the US even if the sportsbook operator has a landbased outlet at a casino or racetrack. Online sports wagering can take place on a desktop, tablet, or mobile phone.

Cash Out Cash Out is a new feature that gives you the opportunity to close out your active bet before the outcome is decided. This allows you to secure part of your winnings or cut your losses as the odds. DraftKings is one of the best sports betting options for both beginners and frequent bettors across the US. A generous welcome bonus, first-class cash-out feature, and superb in-play platform guarantee the ultimate sports betting experience. If you're wondering if DraftKings caters to your taste then no need.

20% Match Bonus - T&C's Apply






Bonuses and Promotions
4.0
Odds VS. The Competition
4.5
Market Depth & Variety
5.0
Deposit & Cash Out
5.0
Mobile App
5.0

Bottom Line

DraftKings Sportsbook brings one of the biggest names in legal online sports betting to Michigan. The reputation of DraftKings Sportsbook is backed up by one of the most comprehensive betting menus of any US-facing sports betting brand.

Bettors of all experience levels will likely want to include DraftKings Sportsbook among their online sports wagering choices. The selection of sports and ways to bet puts the platform in the top tier of legal mobile sportsbooks.

Although MI offers a competitive selection of sports betting apps, DraftKings Sportsbook MI stands out as a go-to platform for Michigan bettors.

Deposit Bonus
Banking Options
Exceptional App
DraftKings Michigan Is A Legal Sportsbook Licensed By The Michigan Gaming Control Board

When Did DraftKings Sportsbook Michigan Sportsbook Launch?






DraftKings is intent on being one of the top options for online gambling across the US. They are normally one of the first online sportsbooks to launch when a state legalizes online sports betting. As such, DraftKings became one of the first to launch in Michigan on January 22, 2021.

Stock

See DraftKings in Action

DraftKings Sportsbook Michigan Promo Code 2021

DraftKings Sportsbook app officially launched in Michigan on January 22, 2021. They are offering new members a 20% deposit match bonus offer up to $1,000.

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DraftKings Sportsbook Michigan Promo CodeUse our exclusive link to claim up to $1,000
Deposit Match Bonus20% match up to $1000
In What States Does DraftKings Sportsbook operate?Michigan, New Jersey, Colorado, Illinois, Indiana, Pennsylvania, New Hampshire, Iowa, Tennessee, and West Virginia
DraftKings Sportsbook's Land-Based PartnerBay Mills Resorts & Casino
Launch Offer Verified ForFebruary 2021

DraftKings Sportsbook Bonus & Promotional Grade






DraftKings Sportsbook offers several different bonus offers and other promotions. Michigan bettors who sign up for a DraftKings Sportsbook account can look forward to the following offers:

  • 20% up to $1000 on deposit
  • Sportsbook Missions
  • Daily Free to Play Pools
  • Refer a Friend Offer – Refer friends to the sportsbook and get a free bet of up to $100

When you look at the types of promotions within the app or mobile website, you'll see there are a variety of options. There are DraftKings Casino promotions, a risk-free bet offer, free-to-play games, deposit bonuses, and fantasy play promotions. With so many choices available, most Michigan sports bettors are going to find something that appeals to them every time they log in.

The 20% deposit match comes with a 25x playthrough requirement, making it tough to unlock the full $1000 unless you deposit and bet big. This knocks a point off of the sportsbook's overall grade for bonuses and promotions.

Other Michigan sportsbooks bonus offers include:

  • BetMGM: Deposit match bonus up to $500
  • BetRivers: $250 match bonus
  • FanDuel: Single risk-free bet up to $1000

DraftKings Odds VS. The Competition






Different sportsbooks often offer different odds and point spreads on the same game. With this in mind, Michigan bettors would do well to check the lines on a chosen game across the state's various online sportsbooks.

Here's a look at how the moneyline odds on Game 1 of the 2020 NBA Finals were offered at five of Michigan's online sportsbooks:

DraftKings SportsbookFanDuelBetMGMFOX BetBetRivers
Miami Heat+163+164+165+160+163
Los Angeles Lakers-195-196-200-188-195

For this high-profile NBA Finals matchup, the moneyline odds at DraftKings Sportsbook stack up closely with the other four sportsbooks on this list.

The point spread and odds for the same game look like this:

DraftKings
Sportsbook
FanDuelBetMGMFOX BetBetRivers
Miami Heat+4.5 -109+4.5 -108+4.5 -110+4.5 +100+4.5 -109
Los Angeles Lakers-4.5 -112-4.5 -112-4.5 -110-4.5 -118-4.5 -112

All five sportsbooks offer the same 4.5 point spread on the game, with similar odds for each. The vig (house cut) taken by a sportsbook can be calculated in a fairly straightforward manner when looking at bets that are close to even money, such as this point spread bet.

Overall, the odds at DraftKings Sportsbook are generally competitive with other state-regulated mobile sportsbooks.

MichiganSharp.com Is Officially Licensed By Michigan Gaming Control Board To Promote Legal Sports Betting In Michigan

DraftKings Sportsbook Market Depth and Variety Grade






Players in the Wolverine State can use DraftKings Sportsbook to find a wide variety of sports that you can wager on in Michigan. This includes live in-game bets for a wide variety of both US and international sports.

In November 2020, DraftKings announced a partnership with the Detroit Pistons, solidifying its relationship with the Michigan sports betting market.

The most popular sports of the moment are listed on the DraftKings app or website so you can see what is favored by people the moment you log in. However, there are a wide variety of sports that you can choose to bet on, including the following:

  • American Football – NFL games as well as college football, this includes the Lions and the Wolverines.
  • Baseball – MLB (including the Tigers) and international leagues
  • Basketball – NBA games (including the Pistons), college games, and international games
  • Boxing – A selection of fights that are confirmed as they are available
  • Cricket – ICC World Twenty20 2020 and other options
  • Cycling – Tour de France 2020 and other upcoming races
  • Darts – PDC, PDC Home Tour, Modus A Night At The Darts, and The Modus Icons
  • Golf – The US Open, the Masters, the Presidents Cup, the Open Championship, Solheim Cup, Ryder Cup, and the PGA Championship
  • Motorsports – iRacing through eNascar on Fox
  • Soccer – Various games including the World Cup Qualifying games, the World Cup 2022, and international football including Champions League games.
  • Table Tennis – The Setka Cup, the Women's Setka Cup, Moscow games, and the TT Star Pro Series
  • Traditional Tennis – The Men's and Women's US Open as well as the Men's and Women's French Open

DraftKings Deposit and Cashout






The convenience of mobile sports betting is complemented by the variety of secure deposit and withdrawal options at DraftKings Sportsbook. Just about any eligible player age 21 or over can find a way to fund a DraftKings Sportsbook account.

DraftKings Sportsbook Deposit Options

Reliable deposit options at DraftKings Sportsbook include ACH/eCheck, DraftKings Play+ Prepaid, and PayPal. Credit and debit cards offer another way to instantly put funds in your sportsbook account, although debit/credit card deposits are occasionally rejected by the bank.

Other ways to get money into a DraftKings Sportsbook balance include bank wire transfer and casino cage deposit at Bay Mills Resort & Casino.

DraftKings Sportsbook Cashout Options

Best online casino real money realcasix. The fastest and most convenient withdrawal methods at DraftKings Sportsbook include ACH/eCheck, PayPal, and DraftKings Play+ Prepaid. Each of these options offers a turnaround time of 2-7 days.

Check by mail and casino cage visit present a couple of other options, albeit less convenient.

Overall,the numerous ways to deposit funds and cash out when you win puts DraftKings Sportsbook in the top tier of the deposit/withdrawal category.

DraftKings Sportsbook Mobile App






Yes, DraftKings may have started as a website for daily fantasy gaming, but it has grown and offers many more options today. Not only does the brand now offer sports betting, but it also has options for making wagers on games without using a computer or a laptop.

The DraftKings Sportsbook app is available on a wide variety of devices such as smartphones and tablets. It is available on the marketplace for both Android and iOS devices, so a significant amount of the population can easily access it. Users have the option of using the website, the sportsbook app, or using both based on preference. Android users, though, will need to download the app directly from the DraftKings website as Google doesn't allow sportsbooks apps on its platform.

The mobile app version of DraftKings Sportsbook organizes its wealth of different sports in a user-friendly fashion. The horizontal sliding bar at the top of the lobby allows you to select a sport and clicking on a given sports displays all available wagers in an easy-to-follow fashion.

Draftkings Cash Out Option

Draftkings Option Chain Yahoo

DraftKings Sportsbook clearly prioritizes the look and feel of the mobile app, and it shows. Michigan bettors will find much to like about the DraftKings Sportsbook mobile app.

Overall Score






Michigan bettors will find that DraftKings Sportsbook presents an elite sports betting option among the many brands competing for market share in the state.

The variety of sports and ways to bet presents almost infinite wagering options. All major US sports leagues are represented at DraftKings Sportsbook, as well as many international and niche sports.

The look and user-interface of DraftKings Sportsbook offer one of the best sports betting experiences in the US industry. Both the mobile app and the desktop version present a great-looking and comprehensive sports betting experience.

Overall, DraftKings Sportsbook stands at the front of the class among legal online sportsbooks in Michigan.

Five Reasons Why DraftKings Sportsbook Is Legit

One Of The Most Recognizable Brands In The US

DraftKings is an entirely legitimate and legal way to wager on sports games and matches online. It also happens to be one of the most popular and widely used options for people who like to bet on sports, as well as those who are interested in daily fantasy sports. The company is based in the US and sponsors brands like the NHL, MLB, and UFC.

Partner Of Bay Mills Resort & Casino

In June 2020, DraftKings and Bay Mills Resort & Casino announced a partnership to launch an online sportsbook in Michigan.

The casino operates as one of Michigan's 23 legal tribal casinos, regulated by the National Indian Gaming Commission. DraftKings Sportsbook functions as the official sports betting platform of Bay Mills Resort & Casino. The DraftKings partnership with Bay Mills, a tribal casino, could help DraftKings become one of the first apps to launch in Michigan.

Online Sports Betting Legal In Michigan

Draftkings cash out option calculator

Michigan Gov. Gretchen Whitmer signed off on a package of bills in December 2019, legalizing online sports betting and casino gaming in the state. With this legislation in place, brands like DraftKings Sportsbook are free to partner with land-based casinos and offer online sports betting in Michigan.

DraftKings Sportsbook Operates In Several US States

DraftKings is a major sports betting company, and it operates in several different states.

Finance

The company is available in New Jersey under the Resorts Atlantic City license, in West Virginia through Penn National Gaming, in Indiana through Ameristar Casino Hotel, in Pennsylvania through Penn National Gaming, and in Colorado through Twin River Holdings. It also operates online sportsbooks in New Hampshire and Iowa.

Partnership With ESPN

Sports media giant ESPN signed a partnership with DraftKings in September 2020, putting the DraftKings name front and center on numerous ESPN broadcasts. The ESPN partnership doesn't happen unless DraftKings is a legit enterprise.

Why You Should Choose DraftKings Sportsbook Over Illegal Betting Sites

If you have ever been involved in sports betting or even paid attention to advertisements related to it, you've probably heard of DraftKings.

It's one of the largest companies to offer sports betting and fantasy sports services in several states across the country. The brand started as a daily fantasy sports site but later moved into sports betting for team and individual sports from around the globe. Now, DraftKings also operates an online casino.

DraftKings' reputation as one of the world's top sports betting brands means the company acts with great interest in providing fair games, secure deposits, and fast withdrawals. The multi-billion-dollar company uses the highest level of available security measures to ensure the safety of player funds and personal information.

When you put your money in at DraftKings Sportsbook, you do so with the certainty that you're depositing at one of the world's biggest and best sports wagering sites. The last thing DraftKings wants is its customers doubting the brand's commitment to safety and fairness.

Risks Of Illegal Sports Wagering

Offshore gambling sites might seem legit, but playing on any kind of online gambling site outside of Michigan's state-regulated platforms comes with a high level of risk.

An offshore gambling site doesn't have to answer to shareholders the same way a publicly-traded company like DraftKings does. Offshore and illegal gambling sites are not found on the list of online sportsbooks approved and licensed by the Michigan Gaming Control Board.

These illegal platforms don't fall under any gaming regulatory body. Playing on them is illegal, and your money and personal information might not be safe.

Wagering with any kind of outside bookmaker also isn't recommended, especially considering the number of legal sports betting options in the state.

Why You Can Trust DraftKings Sportsbook With Your Money

Licensed And Regulated By Michigan's Gaming Agencies

All approved online sportsbooks operators in Michigan must go through a thorough vetting process. The Michigan Gaming Control Board (MGCB) licenses all legal online sportsbooks.

DraftKings Sportsbook operates as a licensed partner of Bay Mills Casino Resort, one of Michigan's 23 legal tribal casinos. As a partner of a tribal property, DraftKings Sportsbook falls under the regulation of the National Indian Gaming Commission.

Option

Both the MGCB and National Indian Gaming Commission function as government agencies. One of the most important purposes of both groups is ensuring the security of player funds at Michigan's land-based casinos and online gaming sites.

SSL Safeguards

Confidential information (like social security numbers and banking transaction information) is protected by the highest level of security measures at DraftKings Sportsbook. These measures include encryption of private information, and SSL (Secure Socket Layer) protection safeguards.

Legal Deposits And Withdrawals

DraftKings Sportsbook must operate as a legal online sportsbook to offer the numerous legal deposit and withdrawal methods available at the site.

Transactions to and from the sportsbook using ACH/eCheck, credit/debit cards, PayPal, and other methods are just as safe as they would be for any other kind of retail transaction.

DraftKings Sportsbook Fact Table

DraftKings Sportsbook Michigan
How old do you have to be to wager at DraftKings Sportsbook?21 or over
What states is DraftKings Sportsbook legal in?
Michigan, New Jersey, Colorado, Illinois, Indiana, Pennsylvania, New Hampshire, Iowa, Tennessee, and West Virginia
Who is the retail partner of DraftKings in Michigan?Bay Mills Resort & Casino
DraftKings Michigan Launch1/22/21

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).

Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA).

21+. NJ/PA/WV/IN/IA/CO/IL/TN only. In partnership with Meadows Racetrack & Casino. Eligibility restrictions apply. See draftkings.com/sportsbook for details.

Pa sports betting online

See DraftKings in Action

DraftKings Sportsbook Michigan Promo Code 2021

DraftKings Sportsbook app officially launched in Michigan on January 22, 2021. They are offering new members a 20% deposit match bonus offer up to $1,000.

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Terms and conditions apply.

DraftKings Sportsbook Michigan Promo CodeUse our exclusive link to claim up to $1,000
Deposit Match Bonus20% match up to $1000
In What States Does DraftKings Sportsbook operate?Michigan, New Jersey, Colorado, Illinois, Indiana, Pennsylvania, New Hampshire, Iowa, Tennessee, and West Virginia
DraftKings Sportsbook's Land-Based PartnerBay Mills Resorts & Casino
Launch Offer Verified ForFebruary 2021

DraftKings Sportsbook Bonus & Promotional Grade






DraftKings Sportsbook offers several different bonus offers and other promotions. Michigan bettors who sign up for a DraftKings Sportsbook account can look forward to the following offers:

  • 20% up to $1000 on deposit
  • Sportsbook Missions
  • Daily Free to Play Pools
  • Refer a Friend Offer – Refer friends to the sportsbook and get a free bet of up to $100

When you look at the types of promotions within the app or mobile website, you'll see there are a variety of options. There are DraftKings Casino promotions, a risk-free bet offer, free-to-play games, deposit bonuses, and fantasy play promotions. With so many choices available, most Michigan sports bettors are going to find something that appeals to them every time they log in.

The 20% deposit match comes with a 25x playthrough requirement, making it tough to unlock the full $1000 unless you deposit and bet big. This knocks a point off of the sportsbook's overall grade for bonuses and promotions.

Other Michigan sportsbooks bonus offers include:

  • BetMGM: Deposit match bonus up to $500
  • BetRivers: $250 match bonus
  • FanDuel: Single risk-free bet up to $1000

DraftKings Odds VS. The Competition






Different sportsbooks often offer different odds and point spreads on the same game. With this in mind, Michigan bettors would do well to check the lines on a chosen game across the state's various online sportsbooks.

Here's a look at how the moneyline odds on Game 1 of the 2020 NBA Finals were offered at five of Michigan's online sportsbooks:

DraftKings SportsbookFanDuelBetMGMFOX BetBetRivers
Miami Heat+163+164+165+160+163
Los Angeles Lakers-195-196-200-188-195

For this high-profile NBA Finals matchup, the moneyline odds at DraftKings Sportsbook stack up closely with the other four sportsbooks on this list.

The point spread and odds for the same game look like this:

DraftKings
Sportsbook
FanDuelBetMGMFOX BetBetRivers
Miami Heat+4.5 -109+4.5 -108+4.5 -110+4.5 +100+4.5 -109
Los Angeles Lakers-4.5 -112-4.5 -112-4.5 -110-4.5 -118-4.5 -112

All five sportsbooks offer the same 4.5 point spread on the game, with similar odds for each. The vig (house cut) taken by a sportsbook can be calculated in a fairly straightforward manner when looking at bets that are close to even money, such as this point spread bet.

Overall, the odds at DraftKings Sportsbook are generally competitive with other state-regulated mobile sportsbooks.

MichiganSharp.com Is Officially Licensed By Michigan Gaming Control Board To Promote Legal Sports Betting In Michigan

DraftKings Sportsbook Market Depth and Variety Grade






Players in the Wolverine State can use DraftKings Sportsbook to find a wide variety of sports that you can wager on in Michigan. This includes live in-game bets for a wide variety of both US and international sports.

In November 2020, DraftKings announced a partnership with the Detroit Pistons, solidifying its relationship with the Michigan sports betting market.

The most popular sports of the moment are listed on the DraftKings app or website so you can see what is favored by people the moment you log in. However, there are a wide variety of sports that you can choose to bet on, including the following:

  • American Football – NFL games as well as college football, this includes the Lions and the Wolverines.
  • Baseball – MLB (including the Tigers) and international leagues
  • Basketball – NBA games (including the Pistons), college games, and international games
  • Boxing – A selection of fights that are confirmed as they are available
  • Cricket – ICC World Twenty20 2020 and other options
  • Cycling – Tour de France 2020 and other upcoming races
  • Darts – PDC, PDC Home Tour, Modus A Night At The Darts, and The Modus Icons
  • Golf – The US Open, the Masters, the Presidents Cup, the Open Championship, Solheim Cup, Ryder Cup, and the PGA Championship
  • Motorsports – iRacing through eNascar on Fox
  • Soccer – Various games including the World Cup Qualifying games, the World Cup 2022, and international football including Champions League games.
  • Table Tennis – The Setka Cup, the Women's Setka Cup, Moscow games, and the TT Star Pro Series
  • Traditional Tennis – The Men's and Women's US Open as well as the Men's and Women's French Open

DraftKings Deposit and Cashout






The convenience of mobile sports betting is complemented by the variety of secure deposit and withdrawal options at DraftKings Sportsbook. Just about any eligible player age 21 or over can find a way to fund a DraftKings Sportsbook account.

DraftKings Sportsbook Deposit Options

Reliable deposit options at DraftKings Sportsbook include ACH/eCheck, DraftKings Play+ Prepaid, and PayPal. Credit and debit cards offer another way to instantly put funds in your sportsbook account, although debit/credit card deposits are occasionally rejected by the bank.

Other ways to get money into a DraftKings Sportsbook balance include bank wire transfer and casino cage deposit at Bay Mills Resort & Casino.

DraftKings Sportsbook Cashout Options

Best online casino real money realcasix. The fastest and most convenient withdrawal methods at DraftKings Sportsbook include ACH/eCheck, PayPal, and DraftKings Play+ Prepaid. Each of these options offers a turnaround time of 2-7 days.

Check by mail and casino cage visit present a couple of other options, albeit less convenient.

Overall,the numerous ways to deposit funds and cash out when you win puts DraftKings Sportsbook in the top tier of the deposit/withdrawal category.

DraftKings Sportsbook Mobile App






Yes, DraftKings may have started as a website for daily fantasy gaming, but it has grown and offers many more options today. Not only does the brand now offer sports betting, but it also has options for making wagers on games without using a computer or a laptop.

The DraftKings Sportsbook app is available on a wide variety of devices such as smartphones and tablets. It is available on the marketplace for both Android and iOS devices, so a significant amount of the population can easily access it. Users have the option of using the website, the sportsbook app, or using both based on preference. Android users, though, will need to download the app directly from the DraftKings website as Google doesn't allow sportsbooks apps on its platform.

The mobile app version of DraftKings Sportsbook organizes its wealth of different sports in a user-friendly fashion. The horizontal sliding bar at the top of the lobby allows you to select a sport and clicking on a given sports displays all available wagers in an easy-to-follow fashion.

Draftkings Option Chain Yahoo

DraftKings Sportsbook clearly prioritizes the look and feel of the mobile app, and it shows. Michigan bettors will find much to like about the DraftKings Sportsbook mobile app.

Overall Score






Michigan bettors will find that DraftKings Sportsbook presents an elite sports betting option among the many brands competing for market share in the state.

The variety of sports and ways to bet presents almost infinite wagering options. All major US sports leagues are represented at DraftKings Sportsbook, as well as many international and niche sports.

The look and user-interface of DraftKings Sportsbook offer one of the best sports betting experiences in the US industry. Both the mobile app and the desktop version present a great-looking and comprehensive sports betting experience.

Overall, DraftKings Sportsbook stands at the front of the class among legal online sportsbooks in Michigan.

Five Reasons Why DraftKings Sportsbook Is Legit

One Of The Most Recognizable Brands In The US

DraftKings is an entirely legitimate and legal way to wager on sports games and matches online. It also happens to be one of the most popular and widely used options for people who like to bet on sports, as well as those who are interested in daily fantasy sports. The company is based in the US and sponsors brands like the NHL, MLB, and UFC.

Partner Of Bay Mills Resort & Casino

In June 2020, DraftKings and Bay Mills Resort & Casino announced a partnership to launch an online sportsbook in Michigan.

The casino operates as one of Michigan's 23 legal tribal casinos, regulated by the National Indian Gaming Commission. DraftKings Sportsbook functions as the official sports betting platform of Bay Mills Resort & Casino. The DraftKings partnership with Bay Mills, a tribal casino, could help DraftKings become one of the first apps to launch in Michigan.

Online Sports Betting Legal In Michigan

Michigan Gov. Gretchen Whitmer signed off on a package of bills in December 2019, legalizing online sports betting and casino gaming in the state. With this legislation in place, brands like DraftKings Sportsbook are free to partner with land-based casinos and offer online sports betting in Michigan.

DraftKings Sportsbook Operates In Several US States

DraftKings is a major sports betting company, and it operates in several different states.

The company is available in New Jersey under the Resorts Atlantic City license, in West Virginia through Penn National Gaming, in Indiana through Ameristar Casino Hotel, in Pennsylvania through Penn National Gaming, and in Colorado through Twin River Holdings. It also operates online sportsbooks in New Hampshire and Iowa.

Partnership With ESPN

Sports media giant ESPN signed a partnership with DraftKings in September 2020, putting the DraftKings name front and center on numerous ESPN broadcasts. The ESPN partnership doesn't happen unless DraftKings is a legit enterprise.

Why You Should Choose DraftKings Sportsbook Over Illegal Betting Sites

If you have ever been involved in sports betting or even paid attention to advertisements related to it, you've probably heard of DraftKings.

It's one of the largest companies to offer sports betting and fantasy sports services in several states across the country. The brand started as a daily fantasy sports site but later moved into sports betting for team and individual sports from around the globe. Now, DraftKings also operates an online casino.

DraftKings' reputation as one of the world's top sports betting brands means the company acts with great interest in providing fair games, secure deposits, and fast withdrawals. The multi-billion-dollar company uses the highest level of available security measures to ensure the safety of player funds and personal information.

When you put your money in at DraftKings Sportsbook, you do so with the certainty that you're depositing at one of the world's biggest and best sports wagering sites. The last thing DraftKings wants is its customers doubting the brand's commitment to safety and fairness.

Risks Of Illegal Sports Wagering

Offshore gambling sites might seem legit, but playing on any kind of online gambling site outside of Michigan's state-regulated platforms comes with a high level of risk.

An offshore gambling site doesn't have to answer to shareholders the same way a publicly-traded company like DraftKings does. Offshore and illegal gambling sites are not found on the list of online sportsbooks approved and licensed by the Michigan Gaming Control Board.

These illegal platforms don't fall under any gaming regulatory body. Playing on them is illegal, and your money and personal information might not be safe.

Wagering with any kind of outside bookmaker also isn't recommended, especially considering the number of legal sports betting options in the state.

Why You Can Trust DraftKings Sportsbook With Your Money

Licensed And Regulated By Michigan's Gaming Agencies

All approved online sportsbooks operators in Michigan must go through a thorough vetting process. The Michigan Gaming Control Board (MGCB) licenses all legal online sportsbooks.

DraftKings Sportsbook operates as a licensed partner of Bay Mills Casino Resort, one of Michigan's 23 legal tribal casinos. As a partner of a tribal property, DraftKings Sportsbook falls under the regulation of the National Indian Gaming Commission.

Both the MGCB and National Indian Gaming Commission function as government agencies. One of the most important purposes of both groups is ensuring the security of player funds at Michigan's land-based casinos and online gaming sites.

SSL Safeguards

Confidential information (like social security numbers and banking transaction information) is protected by the highest level of security measures at DraftKings Sportsbook. These measures include encryption of private information, and SSL (Secure Socket Layer) protection safeguards.

Legal Deposits And Withdrawals

DraftKings Sportsbook must operate as a legal online sportsbook to offer the numerous legal deposit and withdrawal methods available at the site.

Transactions to and from the sportsbook using ACH/eCheck, credit/debit cards, PayPal, and other methods are just as safe as they would be for any other kind of retail transaction.

DraftKings Sportsbook Fact Table

DraftKings Sportsbook Michigan
How old do you have to be to wager at DraftKings Sportsbook?21 or over
What states is DraftKings Sportsbook legal in?
Michigan, New Jersey, Colorado, Illinois, Indiana, Pennsylvania, New Hampshire, Iowa, Tennessee, and West Virginia
Who is the retail partner of DraftKings in Michigan?Bay Mills Resort & Casino
DraftKings Michigan Launch1/22/21

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).

Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA).

21+. NJ/PA/WV/IN/IA/CO/IL/TN only. In partnership with Meadows Racetrack & Casino. Eligibility restrictions apply. See draftkings.com/sportsbook for details.

DraftKings Sportsbook Michigan FAQ

Yes. DraftKings announced its partnership with Bay Mills Resort & Casino in June 2020. The tribal property acts as the retail license partner for both the land-based and online versions of DraftKings Sportsbook in Michigan as well as the DraftKings Casino.

The Michigan Gaming Control Board approved and licensed DraftKings Sportsbook to legally operate in Michigan.

How do you get paid when you win at DraftKings Sportsbook Michigan?

There are several different options for withdrawals. Winning bets can be withdrawn through either PayPal or a physical check that is sent to your address. Keep in mind that PayPal will be the much quicker option, as paper checks can take anywhere from a few days to a couple of weeks to reach you.

Can I sign up at DraftKings from any location in Michigan?

Yes. Signing up can be done from any location in Michigan and requires providing information like your name, email, date of birth, and the state that you reside in. In order to sign up for the DraftKings services, you need to be of the appropriate age for gambling, but the process is simple and straightforward.

How many different sports can you wager on at DraftKings?

There are about 20 different sports that you can wager on. This includes professional and college sports like basketball and football, as well as professional hockey, tennis, baseball, soccer, combat sports, and motorsports. DraftKings Michigan also offers other sports, including cricket, darts, Australian football, and cycling.

What options are there to deposit DraftKings in MI?

Many different options are available for depositing DraftKings. This brand allows deposits from PayPal, major credit cards, and prepaid or gift cards from major credit cards in the United States. In most cases, you can expect your deposits to hit pretty quickly so you can easily get started with wagering on sports games.

Draftkings Cash Out Option Bonus

How old do I have to be to bet online at DraftKings Sportsbook?

21 or older. Michigan sports betting law requires a minimum age of 21 to play on any kind of state-regulated online gambling platform. This includes online sportsbooks licensed to tribal casinos, such as DraftKings Sportsbook.

NJ Sportsbook Website Review

DraftKings was ideally placed to launch the first sportsbook in New Jersey when, a few months back, this state became the first outside of Nevada to legalize the practice of making wagers on sporting events.
Prior to the US Supreme Court lifting the 26-year-old PASPA Federal ban on sports betting in 2018, DraftKings along with FanDuel, had totally dominated the already legal Daily Sports Fantasy (DSF) market – so much so, in fact, that when the two juggernaut gaming institutions attempted to merge, cries of 'it will be a total monopoly' quickly ended any such move.

DraftKings, who describe themselves as a global sports technology and entertainment company who believe that life is more fun when you have 'skin in the game', was founded by Matt Kalish, Paul Liberman and Jason Robins in 2012 and located in Boston.

With 9 million registered users, it was already offering sports fantasy contests with financial rewards in 11 professional sports in eight different countries including the USA, Canada, the UK, and Australia and, over the years, had paid out more than 5 billion dollars.

At this early stage when sports betting is still a fledgling industry in the US, legally it will only be able to sign-up and take sporting bets from punters shown by Geo-tracking to be within the borders of New Jersey.

However, with its huge base of Sports Fantasy players, strong financial backing and the excellent internationally-honed software provided by globally-renowned Kambi Sports, its New Jersey players will now be able to use their sporting know-how both as Fantasy Sports gamers and as sports betters on an exciting new widely-expanded online playing field.

And more and more DraftKings fantasy sports gamers are sure to join them when more states follow New Jersey's lead and legalize sports betting.

From the word go, these new gamers will have the option of using desktop PC and laptop websites to do their online punting in their homes and offices or on the go using smartphones and tablets via Android and iOS apps.

What's more, they should find the Kambi Sports interface on the DK Sportsbook pretty straightforward and easy to understand and navigate. There have been one or two minor glitches, but they are quickly being ironed out.

But perhaps, before going any further with this sportsbook review, we should start at the beginning with the process of registering and funding your account.

Getting going on the DraftKings Sportsbook

Before you can open the home page on the DraftKings Sportsbook's website or download the mobile apps, you will need to register – and be 21 years or older.
Do this by simply clicking on the ‘Sign-me-Up' button – and make sure you are within the borders of New Jersey before you do.

If you are not, a pop-up notice will promptly advise you, thanks to GEO-Tracking, that you are in a 'restricted location' and that you are, therefore 'in violation of state law'.
After you have opened your Sportsbook account, you may fund them and make withdrawals from outside of NJ, but if you attempt to make any bets other than from this state, you will be blocked and shown the same violation notice.

You will also be warned that DraftKings have retained your user info and future attempts could result in 'enforcement action.'
You shouldn't hold it against DratftKings for this. Expect it to be standard practice on all the other newly-launched New Jersey sportsbooks as it is State law.

Account Funding

Having registered and created a user name and password, you will next need to fund your Sportsbook account with a deposit that may be as little as $5 if you wish to begin low-key wagers of say, just $1.

But remember, that your first bet will be matched up to $500. Free bet must be used within 30 days of first bet. Free bet amount is not included in any returns or winnings.

Thanks to the high-tech security encryption systems already developed by DraftKings Fantasy Sport, you can be pretty sure your deposits and withdrawals for the new FK Sportsbook will go through safely and that your password and other personal info will be secure.

You should also find it a pretty seamless process using their tried and tested deposit methods (MasterCard or Visa credit/debit cards, ACH eChecks, PayPal, Sightline, Online Transfers, DraftKings Prepaid Cards, or with Cash via PayNearMe 7-11 Stores) This should also apply to withdrawals made through Visa and MasterCard, and through PayPal, providing that you had first made your deposits through PayPal; likewise ACH eCheck or Sightline.

A welcome feature by DraftKings enables their Sportsbook punters to utilize their Fantasy Sports funds, both when making deposits, and for ongoing day-to-day betting.

Betting Market

Like the new Sugarhouse Casino/Sportsbook which also operates with Kambi software, DraftKings can confidently claim to have one of the two biggest Sportsbook menus in New Jersey.

Horse racing is not among them, but it fully covers all the other highly popular US professional sports like NFL and College football, NBA, WNBA and College basketball, MLB baseball, NHL ice hockey, and MMA, NASCAR and eSports as well as international soccer, motor racing, golf, tennis, boxing, cricket, and rugby union.

One legal restriction is that no bets may be placed on High School or College football in the state of New Jersey.

Draftkings Cash Out Option Account

DraftKings's menu of the world's most closely followed soccer contests is extensive. Along with US and Mexican football, it also covers among others, the hugely popular UK Premier League, the star-studded Spanish La Liga, the German Bundesliga, the Italia Series A and the French Ligue 1.

Go inside each sport and navigate your way into any of their various leagues and competitions and you'll find that at almost any time of the day or night you can make hundreds of different types of bets including, spread bets, over-and-under bets, futures bets, prop bets, totals and Round Robin bets as well as hundreds more wagers on one of the sportsbook industry's most exciting new innovations – live, in-play betting.

Draftkings Sportsbook Withdrawal

In addition, DraftKings offer another of the newer international sportsbook innovations – a ‘Cash Out' option.

It allows you to cash-out from an event on which you have placed a wager before it has been completed which can either help you cut your losses or, if you are up when you make the ‘Cash Out, help you win money, even if the end result is not in your favor.

Self- Imposed Betting Limits

DraftKings also has a rare player-limiting feature that in my book helps put it up there with the very best in New Jersey.

Policing this industry is necessary and self-policing can make an important contribution towards addiction and misuse.

Players can prevent themselves from gambling recklessly in three ways.

  • Player Limits – this enables them to set limits on the amounts they spend on DraftKings per day, per week or per month.
  • Player Exclusion – this enables them to set a time during which they will not be able to gain access to the DraftKings website or mobile apps.
  • And a cool-off limit – this will prevent them from depositing or placing any bets for a set period of time, even though they will continue to have access to the DF Sportsbook interfaces on its website or mobile apps.

Summing Up

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DraftKings Incorporated, one of the established US giants of daily sports fantasy gaming and the first company to launch an online sportsbook after sports betting became legal in New Jersey a few months back, has hit the ground running.

Thanks to its huge Sports fantasy customer base and its internationally renowned Kambi Sports software, it has been able to offer an exceptionally large number of new American punters an outstanding betting platform with a website or mobile app interface that is neat, easy-to-understand and simple-to-navigate and a betting menu matched only in New Jersey by fellow Kambi user SugarHouse.

It is right up there with the best sportsbooks of Europe with some of its special features like its live, in-play betting and Cash-out options and it is perhaps even ahead of them with a betting limit feature which can help punters guard against reckless wagering.

It is also able to keep its customers better-informed than most on the goings-on in the sports world via a series of blogs and TV presentations in its closely linked Sports Fantasy operation.
However, although it has an attractive sign-up first deposit bonus, it still has something to learn about promotions and betting pricing if it hopes to compete with the biggest guns of the World sportsbook market in the long-term.

Draftkings Stock

In the meantime, we have no reservations in applauding it for what it has achieved in a very short-time and feel it could be well worthwhile for eligible New Jersey gamers to give it a shot – especially if they are already players of its Sports Fantasy games.





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