So by now if you are a sports fan there is no doubt that you’ve heard commercials for DraftKings.
You notice their logo at every baseball and football stadium and see commercials as you watch sports center 4 times every morning.
If you are on the fence about checking it out or even signing up, let me explain a few things that you should know that will help you make your decision.
1. You Can Play For Free!
You don’t have to jump in and play hundreds of dollars every night if you don’t want to.
DraftKings offers free contests every night and a lot of them even award cash prizes.
So you can play for free and risk nothing and actually make money!
2. Your Money is Safe and Transferring Money is Really Easy
DraftKings accepts all major credit cards and PayPal.
I know some people are very cautious with how they use their debit/credit cards online and you always hear horror stories.
But DraftKings isn’t some low budget company and they transfer hundreds of thousands of dollars every day.
If you use PayPal you can have your money transferred to you when you win in a few days. If you don’t have PayPal, no worries, they will send you a check in the mail.
3. It is Legal to Play in the USA (except for a few states)
If you were an online poker player then maybe you worry about the site getting shutdown and losing everything.
Well that isn’t going to happen because DFS is 100% legal and DraftKings’ offices are based out of Boston. So you know you aren’t dealing with some shady third world country if you have any issues.
DFS is considered a game of skill as opposed to luck, and you will have to pay taxes on your winnings if you profit over $600 in a calendar year.
4. You Select Your Players for Every Contest and As They Perform in Real Life Your Fantasy Team is Updated Within Seconds
You can follow all your favorite teams and players and DraftKings will keep track of the points.
So you will know exactly where your fantasy team stands and how much you are winning.
5. DraftKings Leads the Industry When It Comes to What Sports They Offer
If you are a sports fan then I’m sure DraftKings will most likely offer your favorite sport in fantasy.
They offer NFL MLB NBA NHL College football and basketball, MMA, PGA, MLS, EPL, and NASCAR.
If your sport isn’t listed above I’m real curious to what you are into!
6. They Offer a Deposit Bonus Up To $200 Dollars!
Now you will see this advertised on all their commercials but just know how it works first.
Obviously they aren’t going to just award you the money all at once because people would sign up, deposit $200, then withdraw $400. Then they would keep finding people to create accounts for this purpose.
DraftKings pays out their deposit bonus at a 4% rate meaning for every $100 of contests you enter, they will give you $4.
So it does take a long time for you to get your money but it’s a nice little bonus.
Considering you can play every day, that money adds up quick.
7. If You Want to Make Money by Grinding It Out Daily, Then You Need to Play H2H and 50/50 or Double Up Games
These contests give you a 50% chance of winning (the double ups give you a 43% chance but pay 20% more than the 50/50 or h2h).
This is the best way to keep your account growing as you play.
8. The Pitfalls of Playing Big Tournaments
The one thing DraftKings will do is advertise their huge tournaments that pay a million or two million dollars to the winner.
What they don’t advertise is how top heavy these tournaments are with their payouts.
This is not a recommend strategy to play your whole bankroll just on these bigger tournaments because the odds are stacked so heavily against you.
Even if you beat 95% of the field you still may only get 3-4 times your buy in.
Unless you finish in the top ten, you most likely will see your bankroll diminish.
9. Be Smart When Signing Up and Choosing Your Screen Name
Once you make a screen name or handle, you are stuck with it for life!
Don’t be like some people who didn’t think much about it when they started then made a profession out of this industry.
You don’t want to be “SmokesTheJ420” or something dumb like that.
10. Have Fun!
Playing daily fantasy makes the sports watching experience so much fun and you will never be able to watch sports the same way again.
There is a reason this industry is blowing up the way it is and once you get in, you get hooked!
It may seem like it’s “too time consuming” but it really isn’t.
It takes as long as you want it too, and I know some people who throw together lineups in ten minutes then watch the games.
They have a lot of fun doing it, and it gives you a reason to cheer during games you otherwise wouldn’t even care about.
If you have been thinking about joining DraftKings, just make that plunge and get in!
It will change the way you look at sports, I promise!