Draftkings Online Betting
View NFL odds and bet online legally, securely, and easily on NFL games all season. Get a sneak peek at DraftKings Sportsbook no matter where you live. Even if you’re not from a state where DraftKings Sportsbook offers sports betting, you can still see betting lines, receive exclusive offers and get info on when you can bet in your state. A new year here is here and so are new betting rules in the state of Iowa that make it much easier to get started with DraftKings Iowa Sportsbook. Legal sports betting went live in Iowa back in August 2019, but initial regulations required sports bettors to travel to designated retail casino locations to complete the registration process.
Virginia sports betting is here, although, the number of sportsbooks is limited. However, DraftKings was one of the first to market.
Below, we have a guide to help residents and visitors to the Commonwealth navigate the DraftKings Sportsbook app. Check out tips on creating an account, depositing and withdrawing funds, and selecting sports to bet on.
Virginia Sports Betting DraftKings bonus offer
In jurisdictions where DraftKings is live across the US, there are several odds boosts, bonuses, and promotions.
When you sign-up with DraftKings in Virginia with the link above, you can also expect a Virginia-specific offer that focuses on the Washington Wizards.
Double your money if the Wizards hit a 3-pointer vs. the Atlanta Hawks on Jan. 29 @ 7 p.m. ET.
However, there are a few requirements:
- This is for first-time depositors only.
- Make a $5+ deposit into your sportsbook account.
- Bet must be placed before tipoff.
- Max bet of $50.
- One bet per user.
- This bet excludes live bets, parlays, free bets, cash out bets, and voided bets.
Once you make a deposit, you will be issued one single-use odds boost (+100) for ‘over 0.5 3-pointers made by the Wizards.’
Creating a DraftKings Sportsbook account for Virginia online betting
When creating a sports betting account anywhere in the US, where online sports betting is legal, you will be asked to provide the same private information. This goes for any sports betting operator you choose.
Download the DraftKings Sportsbook app for iOS or Android and follow the “create account” steps.
Some of the information you might be asked to provide include:
- Full name
- Last 4-digits of your social security
- Date of birth
- Address and zip code
- phone
Remember, this is standard across the board. There isn’t an online sportsbook in the US that won’t ask you to provide some combination of the above information.
Lastly, you will be asked to create a username and a secure password.
How to deposit and withdraw funds at DraftKings Sportsbook Virginia
After you create an account (but before you start betting) you will need to add money to your newly create sports betting account.
Much like other online accounts such as Amazon or iTunes, you will need to move money from your personal bank account to your betting account to begin placing bets.
DraftKings Sportsbook makes this process easy by providing multiple avenues to transfer money.
Some of the easiest include:
- Credit/debit card
- online bank transfer
- Paypal/Skrill
- E-check
- Wire transfer
Draftkings also allows you to withdraw your money at any time. You can select the “withdraw” function by first accessing your profile on the top left of the home screen. Click withdraw and follow the instruction on the screen.
Withdraw options below include the number of days it takes to receive your money and the minimum amount you can take out:
- Paypal:3-5 days w/ $1 minimum
- Check:7-14 days w/ $15 minimum
- Online banking:3-5 days w/ NO minimum
Placing bets with DraftKings for online sports betting in Virginia
You have an account. You have money in your account. You are now ready to place bets.
First off, there are a number of traditional bets you can choose from, such as:
- Moneyline
- Parlay bets
- Point Spread
- Over/Under
- In-game bets
- Futures
In-game bets or “live-wagers” take place once a game or match has already started. These vary depending on the sport. But, they can range from the next player to score a touchdown, or which team will score the next basket, the Wizards or the Hawks.
Draft Kings Sports Betting New Jersey
Additionally, futures bets are wagers on the things like the 2021 World Series Champion or the 2021 Stanley Cup MVP.
Of course, professional football is coming to a close, but Super Bowl LV is two weeks away. Other professional sports leagues like the NHL, NBA, and college basketball are in full swing.
Other sports you can bet on include:
- Golf
- Tennis
- MMA/boxing
- Baseball
- Hockey
- Football
- Basketball
Online sports betting on Virginia area teams
Unfortunately, state law prohibits betting on Virginia collegiate teams. This means you won’t be able to place bets on teams like the Virginia Cavaliers, Virginia Tech Hokies or Richmond Spiders.
Virginia also lacks a professional sports franchise. However, there are a number of pro-sports teams nearby to place wagers on.
These include:
- Washington Wizards (NBA)
- Washington Nationals (MLB)
- Washington Capitals (NHL)
- Washington Football Team (NFL)
- Carolina Panthers (NFL)
- Carolina Hurricane (NHL)
- Charlotte Hornets (NBA)
Choose any combination of sport, team, and bet, choose the amount you want to wager, and press “bet.” You can find a list of bets you place under the “My Bets” tab at the bottom of the screen. Then kick back and enjoy the game.
Sports publishers are increasingly digging out a gold mine in the partnerships they can forge with sports books, especially around major sporting events like the Super Bowl. And Bleacher Report is no different.
Though the legality of sports betting isn’t consistent among U.S. states, sports publishers are seeing this space as a way to better connect with fans and establish new revenue streams. Even if the ability to attribute these audiences remains blurry.
Last Monday night, Bleacher Report simultaneously aired a branded live stream show on its mobile app YouTube channel and Twitter feed called the B/R Drop Zone: DraftKings Big Game Prop Reveal.
DraftKings programmed and hosted the hour-long show, and it remains to be seenhow successful these media partnerships will be in converting audiences into bettors.
The stream announced 40 of the more than 150 “prop bets” (bets that are made on the occurrence of events during a game without being related to the game’s final outcome) that the sponsor DraftKings will be offering on its sports book for the Super Bowl this Sunday, according to the company. These bets range from which team will make the first touchdown to what color the Gatorade will be that gets dumped on the winning coach’s head.
Within 24-hours of streaming, the DraftKing Prop Reveal show received over 1 million views between the app and the social handles — five times the average number of views for B/R’s live videos, said Joe Yanarella, general manager of the publisher’s betting vertical B/R Betting.
Yanarella added that during the livestream, 16,000 people commented on the video, making it the second most engaged-with video on the publisher’s app in its history. Betting videos are also the most streamed pieces of live video content on the B/R app and users who bet are five times more engaged than users who do not bet, he said. Through a series of internal surveys and research, B/R found that 59% of its national audience bet on sports, though it is unclear if that all happens in states where this is legal, or if this includes off-shore betting.
But it’s difficult to track these DraftKings customers as part of the B/R audience. Josh Linforth, commercial director for Genius Sports Media, a part of the sports media buying agency Genius Sports Group, said that sports books do not ultimately care about attribution when they’re making a media buy.
“At the moment, they want distribution, eyeballs and market share” during the “initial land grab” for potential online sports bettors, Linforth said.
Neither Bleacher Report nor DraftKings were willing to disclose the average conversion rate that sponsored content for the sports book received in turning readers into bettors, but these content partnerships procure at best 10% conversion rates, Linforth said.
While regulations around the legality of online betting change almost monthly, the arrangement is mutually beneficial: sports books need “maximum distribution” to grow and publishers need audiences, he added.
Draftkings Online Betting
Especially when the partnership is seamlessly integrated, such as the live show, which featured a round table of experts and talent from Bleacher Report and DraftKings.
Draftkings Online Betting States
“That lifestyle content of people around a table who are really playing and betting can get the juices flowing in people’s brains” who could then become inspired to place a bet, said Matt Kalish, co-founder of DraftKings and president of North America, especially if they offer a new angle around why a prop bet makes sense.
What’s more, the models for these deals lead to high paydays for publishers as they can include either cost per acquisition rates of between $200 to $500, a flat fee for the content generated up top or in many cases a hybrid model of both, he said.
On average, “tier one” publishers, such as the ESPNs and Bleacher Reports of the world, can earn seven-figures of revenue form these deals, according to Linforth, whose company signed a two-year deal with a competitor sports book FanDuel this week to be one of its main media buying partners in the U.S. And even smaller sports blogs can easily sign six-figure deals, Linforth added.
Bleacher Report declined to disclose how much it was receiving from this particular partnership.