• Draftkings 50/50
• Draftkings 50/50

Mar 05, 2021 DraftKings stock price target raised to $80 from $65 at Canaccord Genuity Mar. 1, 2021 at 8:58 a.m. ET by Tomi Kilgore DraftKings stock price target raised to $58 from $48 at J.P. Discover historical prices for DKNG stock on Yahoo Finance. View daily, weekly or monthly format back to when DraftKings Inc. Stock was issued.

Start playing at Draftkings and get $50 in free bets!

DraftKings Sportsbook NJ is one of the premier sportsbooks in the Garden State. There is a big crowd of online sportsbook active in New Jersey right now, but DraftKings does, indeed, stand above the crowd.

Part of the reason that DraftKings is a cut above centers around its innovative app design. The Kambi product allows a greater degree of flexibility and control than sports bettors have typically had before.

For instance, every DraftKings player will launch the app and find a custom betting carousel. This wheel suggests betting options for each player based upon his or her betting history and selected preferences.

So, every player’s DraftKings is different. However, the app’s in-game betting system appeals to everyone.

The system breaks down each match into tiny bite-sized betting options. So, each play, point, or beat in a game is a wagerable event. The result is that there are hundreds of betting opportunities on DraftKings at any given time.

So, a visit to DraftKings means finding something that appeals to every player. However, if you’re still not convinced, check out the new player bonuses below.

DraftKings Sportsbook welcome bonus and details

For new players who sign up at DraftKings Sportsbook NJ,there is a welcome bonus offer available worth up to a combined $1,050.

First, you will get an up to $50 free bet to match your first deposit.

On top of that, DraftKings also offers new signups a 20% matched deposit bonus worth up to $1,000.

DraftKings Sportsbook promo code

Editor’s review

DraftKings Sportsbook app

DraftKings Sportsbook app is available for Android or iOS devices. Download either directly from the sportsbook via our links on this page.

You can also access the book from your DraftKings DFS account via a browser. Look for the sportsbook tab on the top left of the main DraftKings page after logging in. The platform will prompt you to install a location plugin to verify your location (for mobile, just turn on the location tool on your phone).

The software for DraftKings sports betting is powered by Kambi, a well-known sportsbook operator based out of Europe. Kambi also powers two other NJ sportsbook apps.

Since the DraftKings Sportsbook is only sanctioned in New Jersey right now, you have to be verified you’re in the state to use it. Sessions will end if you log in, then leave the state’s boundaries.

Also, as per state rules, the site will send you an email every time you log in. It’s a good way to protect consumers.

How to log in at DraftKings Sportsbook NJ

Have a DraftKings account? You’re in.

Once you download the app or access the site, use your login credentials. If you don’t, it’s fairly simple. Create an account with email and password or your Facebook info. Your account info works for online and mobile.

DraftKings Sportsbook bet types

You want it? They got it. The options are almost endless. This is like a cruise buffet for sports betting. Let’s get to what’s new first.

In-game betting

It’s difficult to follow games that aren’t compelling. Preseason football sees quarters of action from players who will most likely not be around next month. Scores can get out of hand. What did DraftKings Sportsbook NJ do about this?

In-game betting. Yep, prepare to enter the Upside Down.

Missed the opening pitch or first quarter? No worries. Jump in at any point of a live game and get some action. You can bet spread, over/under, and money line on football, baseball, soccer, even tennis. You like Javy Baez to get a hit in this at-bat? You can bet that. Like a prop or a price? Get it NOW. The lines and prices move with each out, first down, serve, and substitution.

This option has taken European betting by storm and could drastically alter the way you consume sports. One major caveat: The vig is substantially higher than pre-game bets. It’s more like what you see in lopsided fights.

Cashing out existing bets

Another unique feature to the DraftKings Sportsbook app is the ability to cash out an existing bet. You can open a single-bet, parlay, or prop and at any time before the event is settled, decide to bail.

You get almost all your money back (DK keeps a small percentage) if you’re winning or losing. If you close out before an event starts, you will not recover the full amount of your original bet. This is available in select sports.

Traditional bets

Prefer the more traditional approach of betting a contest before it actually starts? Don’t worry, DraftKings Sportsbook NJ likes your style.

You can go single-game, parlay, alternative line bets, game segments, or round robins. Pricing was an early gripe compared to established brands. DraftKings liked the Phillies against the Mets on Sunday Night Baseball (-240) more than the prices listed on ESPN.com (-210).

And the vigs are still high compared to the physical sportsbooks.

And the prop bets. Oh, the prop bets. It’s like Gallagher and Carrot Top decided to run a sportsbook. Hundreds of futures, in-game, and other options. The possibilities increase exponentially when you get to international soccer. It all looks shiny and tempting but please do your research.

There’s a reason props are also called “sucker bets.”

Betting from laptop vs. app at DraftKings

To bet, click on the bet you like. It will open a side window on your browser. Just type in the amount to bet and click “Place Bet.” This is very straightforward and user-friendly.

On the app, after selecting a bet, the screen will pop up and give you wager amounts. You can type in what you want and wager or hit “Add Bet” to bring up a similar screen to what the website shows. This screen allows you to use your free bet from the DraftKings Sportsbook promo code.

Available sports at DraftKings Sportsbook app

DraftKings has virtually every pro sport competed in North America and Europe. It also has a variety of options for college football and college basketball.

• Baseball / MLB
• Basketball / NBA
• Football / NFL
• Hockey / NHL
• MMA / UFC
• Golf / PGA
• Other Sports / Leagues
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Motorsports
  • Rugby Union
  • Soccer
  • Tennis

One noticeable peculiarity is while there are futures for events ranging from the Super Bowl to the NCAA Tournament champion to the 2019 Masters, even the 2019 men’s hockey world championships, single-game bets come only one schedule at a time.

DraftKings Casino games

The same sports betting platform now includes popular NJ online casino games such as blackjack, roulette, and slots in the DraftKings Casino.

While the library of iGaming offerings may not be anywhere near as extensive as its NJ gambling site competitors, DraftKings has been quietly adding games since mid-December. Blackjack was the first, with additional offerings launching in early 2019.

The DFS app is a separate platform, but your casino and sportsbook winnings are available for use across the board.

Deposit methods at DraftKings Sportsbook

DraftKings Sportsbook now offers PayPal as a deposit option. This brings DraftKings sports betting up to speed alongside its competitors in the nascent NJ online sports betting market.

You can also deposit from a checking account or with any major debit or credit card. The billing address doesn’t have to be in New Jersey. Check with your bank to see if it has any restrictions.

The minimum deposit amount is $10 with the current list of available deposit options at DK Sportsbook as follows:

Draftkings 50/50

• PayPal
• Credit/debit card
• Bank transfer
• Play+ Prepaid
• Skrill
• Wire
• ECheck/ACH

Withdrawal options

Go to your profile, scroll down, and click “Withdraw.” You can withdraw some or all of your funds. Money can go back to the card on file or return via check.

Linking your DFS account with DraftKings Sportsbook

Draftkings 50/50

You can link your DFS and sportsbook accounts. You can transfer winnings and deposits between the two sides.

However, if you deposit money in your DFS account, you have to use it on the DFS side before you use it in the sportsbook. If you want to bet on sports, deposit through the sportsbook first.

DraftKings sports betting rewards program

DraftKings released a new rewards system for its DFS customers in July. However, nothing appears to be directly tied to the sportsbook at this point.

DraftKings Sportsbook FAQ

What are the age requirements for betting on sportsbook apps?

You have to be 21 or older to bet, just like at the physical sportsbooks.

What happens if I step away from DraftKings Sportsbook app?

The site/app will automatically log you off if inactive for a while.

Can you access the DraftKings Sportsbook app outside New Jersey?

You can manage your account out of state, even deposit or withdraw funds. You can’t bet outside of New Jersey, however.

Log in using your DraftKings Sportsbook promo code from anywhere and see what odds are available at any given time. But NJ law requires you to be inside the state in order to place a bet.

Do you have to be a New Jersey resident?

You don’t have to be an NJ resident to bet, you just have to be in the state when you bet. (Might be a good time to memorize the PATH or PATCO schedules, pending upon which side is closer to you.)

What are the parlay options at DraftKings?

Not all bets are available for parlay (like betting a team to win the division AND advance to the league finals).

Can events change or be removed?

Events can be taken “off the board” just like at regular books.

How can I contact DraftKings Sportsbook?

If you have questions, ask. DraftKings social media team is pretty responsive, especially on Twitter where we were able to interact with the DraftKings team. You can also email them.