It's an honest question that a lot of newer players may have –
Is DraftKings legit?
and then it's usually followed closely by some others.
Do they pay you when you win? Do they offer fair games? Are you playing against real players? Do they follow the laws and regulations governing online gambling (avoiding it) while maintaining legal real money fantasy sports leagues?
Playing daily fantasy football on Draftkings is legal in almost all states. It's called the UIEGA, or the Unlawful Internet Gambling Enforcement Act of 2006. The UIEGA is the provision (snuck into a terrorism-related port bill at the last minute in the fall of 2006), that led to the destruction of the online poker boom in the United States. Yes, DraftKings is totally legit. You can safely play there knowing that they even encourage and give you options to make sure you play responsibly preventing you from spending too much money and time on their website and app. With that said, if you're interested in giving it a shot, check our DraftKings bonuses below before signing up. Unlike being a Steelers fan at a Brown's game, playing on DraftKings is safe. Yes, DraftKings is legit. Unlike online sports books and the shady online poker sites from a few years ago, DraftKings is headquartered in the United States – Boston to be more specific.
I will answer these questions below.
DraftKings, Yes, DraftKings Offers Real Money Daily Fantasy Leagues
In terms of size, DraftKings is #2 behind FanDuel. They are the second largest daily style, or in the case of football, one week style fantasy site around. Like their nearest competitor, who is also a legit fantasy sports site, DraftKings offers real money fantasy sports contests that last the course of one day, or the weekend.
First place is going to walk with 1 Million bucks for an entry fee of $20! Three card poker practice. Star mania game.
DraftKings Is Legit – I personally, as well as hundreds of thousands of others, have played fantasy contests at DraftKings. I have deposited and cashed out successfully.
Is DraftKings Legal?
Yes, DraftKings is legal!
The reason for this is that fantasy sports are specifically carved out of the UIGEA. This means that unless a state has a specific law against playing real money fantasy football, baseball, or any other sport then it is legal. Today there are a small few states where players are not allowed at DraftKings or FanDuel.
Low stakes roulette. We are not lawyers so this is not legal advice, however for USA based fantasy players you can deposit with PayPal and normal credit cards for simple deposits. To get more into the legality of daily fantasy sports check our our ‘is it legal' page where we link out to guys with more legal expertise.
Is Draft Kings Honest?
Yes, the team behind DraftKings offers an honest, fair fantasy sports experience. If you win, you win and if you lose, well, you lose. You can lose money playing fantasy sports at DraftKings. It is similar to poker in a way where the unskilled players deposit and deposit and the skilled players make consistent money.
DraftKings does not care who wins the contests directly. They make their money by selling out all of the contests that they list in the lobby. The more players who play, the more rake is paid. Winning or losing does not affect DraftKings bottom line in terms of revenue generated. They don't care, so they have no incentive to rig the games against you.
Winning Money On DraftKings
Can you really win $1,000,000 or $100,000 or $11,350 playing fantasy football on DraftKings? Yes, absolutely. If you can win one of the large GPP (guaranteed prize pool) contests that happen every week then you can absolutely really win some absolute monster sized prizes. And then there are of course, those smaller prizes for the smaller entry contests.
I personally have been in first place in the weekly fantasy golf and had $100k sitting in my ‘currently winning' list. Sadly I didn't finish in that position.
How To Get Started
It is simple to get started.
- Visit DraftKings Here –
- Make an initial deposit – You can deposit as little as $5+
- Find a contest
- Draft your team and enter the contest
- Cheer on your players and watch your results on the leaderboard
- Cash out your winnings when the games are over
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