Is Draftkings Safe
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.
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- DraftKings SportsBook Website. After completing registration at DraftKings Sportsbook, you will verify your location using GeoComply. When you first load DraftKings Sportsbook, a popup page will appear and you will be asked to download the GeoComply software.-If the prompt does not appear, you may need to first allow popups before re-loading.
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?
DraftKings Sportsbook wants to ensure you are only partaking in responsible gaming so it has established three ways to ensure your safe play. You can set your own deposit limits for a day, week or month. Additionally, you are able to essentially ban yourself from using the app for a period of time. Many ask is Draftkings legit? They want these legal regulations to continue to provide the support and protection that the players need, but also that they remain legal. Federal and state laws govern the legality of Draftkings, so that their legality has never been questioned. This stability helps to ease concerns about any Draftkings scams.
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!
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.
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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In this post, I will be silencing all the nonsense about whether Draftkings is legit or not. I will tell you what you really need to know in this review. I will touch on 3 things. These three things should answer or give you a better conclusion about Draftkings. Let’s get to it.
Is Draftkings Legit? Is Draftkings a Scam?
Yes it is legit, Draftkings is not a scam in any way, shape or form.
With all jokes aside and a straight face. Yes, it is legit. No daily fantasy sports company would hold as many customers and bring in such revenue if it wasn’t somewhat legit. I mean nothing is perfect. But it is good enough. I have been playing on Draftkings just about as long as I have been on Fanduel. Both sites have been getting a lot of heat from. Those suit wearing guys that chose to be a pain in the you know what. For a living. Allegations say that employees from each site. Was playing on the rival site and making huge bank. Was this true? No actual proof has been revealed to the public.
Even though one employee from Draftkings won big on a contest on Fanduel. They say the reason he won, was because he had access to very sensitive information. Giving him the upper hand on his competition. Yet no proof has been presented to the public. So it was kinda swept under the rug. For now, that is. I have never had any trouble withdrawing or depositing money on Draft kings and they always pay on time.
I’m sure I have done over 1,000+ transactions. All have gone through fine. The checks also. But I will say that the checks do take a while to get to you. But Draftkings lets you know that before you withdraw so. You have been forewarned. Your account is safe. No one outside of Draftkings can access your account. Even on the app. They have a feature where you can put a passcode on it. So if someone is on your mobile device. They can’t just click on your Draftkings account and get your cash. I have had over 30k in my account. It stayed there for about 4 months. It never moved. So they earned my respect and trust.
I will now go into the pros and cons of Draftkings. Starting with the pros.
Pros To Having A Draftkings Account
It is free to set up. So you do not have to pay anything or use a credit card to get started on their site. You can still play contests too with no entry fee. Just not to win money.
The site is full of players. Your chances of seeing the same player in a contest are very slim. Unless it’s a DFS Shark those guys are like shadows. It is hard to avoid them.
Your information is safe with Draftkings. They will ask for a lot of your personal information. Things like your telephone number, address, SSN, and email. All of that information is safe within the site.
It’s available 24/7 365. You will always be able to get on Draftkings and do something. No matter what it is. Unless you get on the site while they’re doing maintenance work. Which will be stated as soon as you get on there. Usually, they will be done in a few hours. So no big deal.
Now we will move into the cons of Draftkings.
Is Draftkings Safe To Play
Cons To Having A Draftkings Account
How Safe Is Draftkings
Drafkings site layout can be a bit overwhelming. It has a lot of bright lights and bells and whistles. That all function differently. So once you get on there. It’s good to read everything thoroughly before you click on something. I have entered many of the wrong contest. By not doing this.
They are a bit more strict than Fanduel. If you have an old account or an account you do not wish to use again. You cannot use the same card you have associated with the old account. What they will do is wait till you deposit. Then they will send you a lovely message stating blah blah blah. Really what they are saying is. That your card is associated with another account on Draftkings and that they are closing your account and keeping your deposit. Have a nice day. So keep that in mind. If you are looking to start fresh.
Be careful on how you invite opponents to your contest. This is a harmless but very fast way to get your account suspended or even closed. If guys start reporting you. Draftkings will soon email you saying something that will sound like this. Blah Blah Blah. But what they are really saying is that if you do not stop inviting people you have recently played against to your contest. We are going to silence you. Have a nice day. So if that 100 man contest of yours only needs 10 more slots to fill before game time. You may want to keep this in mind.
Conclusion
I know I have said it before and I will say it again. Yes, Draftkings is legit. Does it have its pros? Yes, and does it have its cons? Yes no matter what you are a part of on this earth. It is some good and bad in it. Some way, shape, form, or fashion. So I look at it like this. If it is not causing you physical or mental harm. Or stopping you from eating or paying bills. It is ok. Sounds bout like a job huh? Well, this is a job for some people. Like myself, I make a living off playing DFS. I have my up and down moments. But I love my job and pays the bills. It also feeds me and my family so. But this is all I have for this post. If you have any questions or further concerns. Feel free to leave them in the comments area below.