- Draftkings Is Rigged
- Is Draftkings Legit
- Is Draft Kings Safe
- Is Draft Kings Legit
- Is Draft Kings Legitimate
DraftKings is a scam or legit?
Draft a new lineup whenever you want. Pick from your favorite stars each week. Play in a public contest and against friends in a private league. Quickly enter a contest any time before the lineup lock. Win cash prizes weekly — paid out as soon as the contest ends.
With many avid sports fans deciding whether or not to join in on daily fantasy sports, many are wondering whether DraftKings is a scam or legit, as there are so many get rich quick schemes in the world that always sound a little too good to be true. Although, there is a handful of states that ban fantasy sports as an illegal form of gambling, it is not a game of chance, which constitutes its present legality on a federal level and in most of states in the Union.
Rigged is too strong of a word. There’s nothing fraudulent about what they do (except maybe the “This isn’t gambling” or “This is Just Like Fantasy Football” lines (it is gambling, and the game that is played is Salary Cap football). I was really excited about the whole concept of draft kings daily fantasy games but after playing you will soon realize that they are definitely rigged. The winners always seem to pick the perfect lineup of bums week after week. There is no way someone would have the foresight to choose no names over the 'cream of the crop' players. DraftKings is an inspiring story about a company that started out of someone’s home. From their early days as fledgling in the daily fantasy sports industry, DraftKings has catapulted to a major player in the national sports betting scene.
DraftKings does promote that anybody can win a “ship-load of money,” but fail to express the real truth behind the game of statistics in its several advertisements. This article will cover DraftKings' start, its process, legality, and how it is possible to be successful in daily fantasy sports.
The Beginning of DraftKings
In 2012, three friends and colleagues from the company VistaPrint decided to start their own daily fantasy sports company. At the time, DraftKings was small and operated out of one the founder’s homes. Jason Robins, Matthew Kalish, and Paul Lieberman wanted to offer a different alternative to FanDuel as well as some healthy competition in an industry that was close to boiling over with upside.
The trio attracted investors almost immediately and were hosting their first one on one Major League Baseball competitions on the 2012 MLB season opener. After successful rounds of funding, the company grew to absorb several smaller rivals to compete at the top as the second largest DFS site in the business. Now almost if not equal to FanDuel, the company has business relationships with ESPN, MLB, FoxSports, and team owners such as New England Patriots CEO Robert Kraft. DraftKings is set to spend over $240 million in advertising alone on Fox over the course of the next three years. The mega-million contract helps to explain the most recent NFL season’s bombardment of commercials.
The trio attracted investors almost immediately and were hosting their first one on one Major League Baseball competitions on the 2012 MLB season opener. After successful rounds of funding, the company grew to absorb several smaller rivals to compete at the top as the second largest DFS site in the business. Now almost if not equal to FanDuel, the company has business relationships with ESPN, MLB, FoxSports, and team owners such as New England Patriots CEO Robert Kraft. DraftKings is set to spend over $240 million in advertising alone on Fox over the course of the next three years. The mega-million contract helps to explain the most recent NFL season’s bombardment of commercials.
The Game of Skill
The truth is hidden in DraftKings’ multitude of ads, instead telling sports fans that players can hit it big. The advertising though smart, could be seen as a mirage, deception, or scam. The reason being is that if you are planning to pick your favorite players without hours of research, and proper strategy, you’ll end up on the losing end of the system. After all, the game of skill leaves around 70 percent of participants out on the curb as overall losers.
The 30 or so percent of “pro” players are often the serious and committed participants that invest in their knowledge and analytical methods. Using statistics, these “DFS sharks” predict performances for almost every potential scoring athlete. Through variables like matchups, past performances, player styles, and workload percentage help these winners create accurate projections from week to week. Some players build a model that just requires weekly input to pump out promising draft picks. Of Course, there is always risk involved, but the numbers do not lie when properly analyzed. So if you are hoping to cross your fingers for that millionaire maker jackpot, chances are it will go to someone who did their homework. Get on those statistics!
Legality
Paying attention to the statistics also show why the game is legal and not a scam. In 2006, a majority of gambling methods online were outlawed through a federal ban known as the Unlawful Internet Gambling Enforcement Act. Congress left out fantasy sports betting for a reason; it centers around skill. The varying factors discussed above act as the primary components of the game. The several variables are crucial to impact the outcome of who wins and loses which is why it is the same 30 percent or so of players that continually take home the money. Due to many lawsuits claiming that the game is illegal gambling, many lawmakers are taking a second look at the system and aspects of DFS. If new conclusions can be proven to relabel the game as illegal, it will take convincing evidence that elements of chance decide the victor.
Ledit or a scam conclusion
So if you are thinking about joining DraftKings, remember what the great Joe Lombardi said, “Success happens when preparation meets opportunity.” Prepare yourself by learning strategy for the varying daily fantasy sites, rules, scoring systems and competitions. Check out our free strategy guides on fantasy sports as well our reviews on all of the top DFS sites. Remember your limits and to enjoy the experience. Have fun and good luck!
Fantasy-Sport.net
Draftkings scam
5
DraftKings Daily Fantasy Sports Story
DraftKings is an inspiring story about a company that started out of someone’s home. From their early days as fledgling in the daily fantasy sports industry, DraftKings has catapulted to a major player in the national sports betting scene. Here is how this home-based idea became recognized as the worldwide leader in fantasy sports. This a complete review and history of the daily fantasy offering from DraftKings. We’ll cover company history, promotions, website design, rewards program and an Editor’s review. Let’s start with the fun stuff….free money.
DraftKings Promotions
DraftKings Daily Fantasy Promo Code
DraftKings will post frequent promotional contests and other perks for account holders. One nice one to grab is the new user sign up bonuses. Currently, a new account that makes a deposit of more than $5 will earn a $15 in free games. You can divide this $15 up however you wish and play the games of your choice.
DraftKings Sportsbook Promo Code
For DraftKings Sportsbook players, DraftKings offers a $500 risk free bet promotion. The online sportsbook has daily specials and other odds boosts posted. See our detailed page on how to claim the DraftKings Sportsbook promo code.
DraftKings History
DraftKings actually wasn’t the first daily fantasy website to launch. However, the brainchild of Jason Robins, Matthew Kalish, and Paul Liberman quickly raced by the competition. Robins, Kalish and Liberman started DraftKings in Liberman’s Massachusetts home. Their first game was a one-on-one fantasy baseball contest on baseball’s opening day in 2012. By April of the next year, DraftKings skyrocketed to the top of the DFS industry, receiving an undisclosed financial commitment from Major League Baseball.
DraftKings has benefited from these partnerships with major professional sports leagues. DK management has also contracted working relationships with ESPN and Fox Sports. Today, DraftKings has more than 10 million users, by far the most of any in the DFS industry.
How DraftKings Contributed to the Advancement of Legal Sports Betting
There was a great deal of supposition surrounding a study designed to show a relationship between DFS players and sports bettors. Some were scratching their collective heads over why DraftKings would be part of such a study, let alone pay for it.
While the results presented a few contradictory facts to the apparent objective, it still proved DraftKings was all-in on both legal daily fantasy sports, and sports betting across the country. They won an important legal battle against the State of New York.
A loss in US Circuit might have been a legal loss too overwhelming for even DraftKings to overcome. What these legal outcomes did do, was fuel the controversy surrounding the original US Supreme Court ruling that forbade sports betting in any state but Nevada.
Though there were some calculated risks taken along the way, DraftKings ultimate objective throughout the whole legal struggle had to have an eye on sports betting. Daily fantasy sports overwhelming popularity notwithstanding, the big money is in DK’s sportsbook aspirations.
DraftKings Enters Sports Betting in New Jersey
Reports calculated that New Jersey online sportsbook operations took in just under $1.25 billion. DraftKings was the first and most active online sportsbook. By the end of the year, indicators had online sportsbook bets jump more than 75-percent over in-person wagers.
Much of this increase in online sports betting must be attributed to the success of DraftKings. Being the most prevalent player in New Jersey, DK took in the highest dollar amount. It was the fluid operation of their mobile app and website platform that helped ease user apprehension over placing bets online.
DraftKings CEO Jason Robbins indicated that as of last November, sportsbook operations had jumped to 20-percent of their overall operations and nearly 80-percent in New Jersey. With new states blooming on the horizon, DraftKings is perfectly positioned to continue a surge in the national sports betting industry.
Future of DraftKings Company
Any discussion about the future of DraftKings couldn’t be anything more than optimistic. Some think the company will skyrocket to the top of the sportsbook industry because of their ties to professional sports and massive number of DFS players.
One account feels that the study conducted a few years back was actually in an effort to uncover any tendencies inherent to both DFS players and sports bettors. Thus far, all their research efforts have proven to be lucrative.
DraftKings has the experience and backing to be primed for new states that legalize sports betting. Video poker winner. As the landscape continues to expand across the United States, look for DraftKings to be a prominent player. Don’t be surprised if they further their ties to the casino industry to take advantage of that source as well.
DraftKings Timeline
2012 – DraftKings is established in Paul Liberman’s home in Boston, Massachusetts.
2012 – On March 28, the first DraftKings DFS contest launched; a head-to-head baseball contest involving the Seattle Mariners and Oakland A’s season opener in Japan.
2012 – In July 2012, DraftKings received their first source of outside funding, a $1.4 million commitment from Cambridge-based Accomplice.
2013 – Major League Baseball agrees to a financial partnership with DraftKings, a financial commitment of an undisclosed amount.
2013 – In November of that same year, another five investors, including Accomplice, contributed over $24 million in Series B funding.
2014 – The first financial disclosure for prize awards from 2013 made in February reported that DraftKings awarded over $50 million in prizes to contest winners during 2013.
2014 – During the summer of 2014, DraftKings was still ranked as the second best DFS site. In July of that year they purchased DraftStreet. This acquisition nearly doubled the number of accounts at DraftKings.
2014 – A month later, in August, primed by a multi-million dollar contribution for The Raine Group, DraftKings generated another $41 million in investment capital.
2014 – A portion of these investments was focused on attracting another big-name professional sports league. The strategy worked, as DK became the official DFS service for the National Hockey League.
2015 – While there were partnerships and financial ties between Major League Baseball and DraftKings, one of the biggest announcements was when MLB announced DraftKings as their exclusive DFS service as well.
2015 – July 2015 was a huge month for DraftKings. This is the month they announced the agreement with ESPN and Fox Sports. The Kraft Group, owners of the New England Patriots, was also part of a collective $300 million in additional capital.
2016 – DraftKings suffered a temporary setback early in 2016. In February, ESPN announced that they had legal questions about their association with the DFS giant and stepped away from the advertising arrangement they made with DraftKings.
2016 – In November of this same year, one of the biggest pieces of news across the entire sports world was a proposed merger between FanDuel and DraftKings. The US Federal Trade Commission estimated this would give the new combination a stranglehold of more than 90-percent of the DFS market. The deal would have been met with anti-trust litigation. In the summer of 2017, fearing this legal battle could be devastating to both companies, the deal was called off.
2017 – In September, both DraftKings and their prime competitor Fan Duel paid $1.3 million to settle out of court in Massachusetts. The lawsuit alleged both engaged in deceptive practices, and a settlement seemed far more cost-effective than the damaging publicity of a legal fight.
2018 – With legal sports betting looming on the horizon, DraftKings about Sean Huxley to oversee possible sportsbook operations in New Jersey.
2018 – In August, less than three-months after the US Supreme Court overturned the ruling that banned sports betting, DraftKings launched their New Jersey sportsbook operation. By the first week of September, DraftKings had entertained more than a million bets.
Draftkings Is Rigged
DraftKings Daily Fantasy Website and App
DraftKings has stuck to their original website design. While the logo has been modified somewhat during the last four years, the black background with flamboyant greens and orange colors has been the DK trademark.
The system is user-friendly, with easy navigation links. Since DFS lineups often benefit from leaping back and forth from multiple tabs, the way DK links open is extremely appealing. Their app is equally important.
DFS users enjoy being able to alter lineups on a mobile device. The implementation of online sportsbook operations made it imperative that DraftKings have a high quality mobile app.
Their app is user-friendly, mirrors the website, and can be easily installed on Android or Apple devices. You can download the app easily via The Apple App Store, Android downloads, or on Google Play.
DraftKings New User Registration
To register for a DraftKings account, you must be 18 years old. The age is 19 in Alabama and Nebraska, and 21 years of age to play in Massachusetts. You can play for cash in any of the unrestricted states. DFS players can participate in free DFS games in excluded states, but cannot compete for cash awards. Here’s how you register.
Step 1: Access the DraftKings website or mobile app. It is easier to set up a new account using the website, and then transfer all information automatically once you download the mobile app.
Step 2: Either click “set up a new account”, or “play now”. If you do not already have a DK account, both will take you the account activation page.
Step 3: Enter your username, email address and a password. You will reconfirm your password, and then click your country and state of residency. Remember, you must be physically in a legal sports betting state to use the DraftKings sportsbook features.
Step 4: Check the pair boxes to confirm you agree with the Terms of Service, after you read them of course, and that you are over 18 years of age.
Step 5: You will then be directed to a deposit page with information about how to make your first deposit, and what types of bonuses and free games you will get when doing so. You do not need to make an initial deposit to participate in free games.
Step 2: Either click “set up a new account”, or “play now”. If you do not already have a DK account, both will take you the account activation page.
Step 3: Enter your username, email address and a password. You will reconfirm your password, and then click your country and state of residency. Remember, you must be physically in a legal sports betting state to use the DraftKings sportsbook features.
Step 4: Check the pair boxes to confirm you agree with the Terms of Service, after you read them of course, and that you are over 18 years of age.
Step 5: You will then be directed to a deposit page with information about how to make your first deposit, and what types of bonuses and free games you will get when doing so. You do not need to make an initial deposit to participate in free games.
Your account will still be active. Your first deposit bonuses will not expire or take effect until you make that deposit. You will need to provide other residence information to claim cash awards. Nothing else is required, and you’ll be ready for your first contest. Currently, DraftKings is not allowed in Alabama, Arizona, Hawaii, Idaho, Iowa, Louisiana, Montana, Nevada and Washington.
DraftKings Contests and Awards
DraftKings has more contests than any other DFS site. The contests are organized by favorites and can be limited to a specific sport. You can also isolate contests by type, entry fee, and prize amount.
When you make your first deposit, you will setup how to fund your account and take your winnings. There are also rewards available for frequent players. Here are the contests, how to work your bankroll, and how to earn awards on DraftKings.
Contests
There are literally hundreds of DFS contests posted every day on DraftKings. The entry fees range from as low as 10-cents to a few thousand dollars. Prize awards are determined by the level of entry fee and number of entries.
You can play classic games that use standard fantasy scoring. There are games where more strategy is involved, such as tiers. For single game contests, DraftKings has what are called showdowns.
These are games where you don’t pick a lineup under the normal fantasy format. In a showdown, you will have a feature player. The rest of the lineup card is filled will additional players from this single game and must be under a predetermined salary cap.
DraftKings also has 50/50 split contests where the top 50-percent will double their entry fee in winnings. You can play in multipliers and step tournaments. DraftKings has head-to-head cash contests as well, contests where it’s just you against one other player.
Bankroll Options
You can use American Express, MasterCard, Discover or Visa to make a deposit. Unless you indicate specifically through proper channels, the same method for withdrawal of winnings must match your deposit source.
DraftKings will request authentic verification for large cash awards. You may also link your PayPal account to your DraftKings account to both deposit and withdraw funds.
DK Crowns
Crowns are the awards you can earn on DraftKings. These rewards are generated each time you enter a contest with an entry of $1 or more. For every $1 amount you enter, you earn one crown. DK crowns can be used for DK apparel, or to purchase tickets into additional contests.
Frequently Asked Questions
Can players win cash on DraftKings?
Are there any free contests to play on DraftKings?
Do any of the free contests every have cash prize pools?
Is Draftkings Legit
Are DraftKings and FanDuel owned and operated by the same company?
What do terms like PMR and EI mean on DraftKings?
Frequently Asked Questions
Can players win cash on DraftKings?The short answer is, yes you can win money playing on DraftKings. There will be some study involved to win consistently, but there are hundreds of cash contests available every day.
Are there any free contests to play on DraftKings?Each day there are a series of free contests that anyone with a DK account can participate. These range from 10-player setups to 200 player pools. These do not cost anything to play, but they also do not award prizes.
Do any of the free contests every have cash prize pools?Is Draft Kings Safe
There are frequent promotional contests that are free as well. These free contests will award cash prizes with prize pools often totaling a few thousand dollars. There are also occasional free contests where the winners can earn tickets into larger cash contests.
Are DraftKings and FanDuel owned and operated by the same company?While there have been rumors this is true, it is not. There was a great deal of discussion of a merger between the two biggest DFS companies, but potential anti-trust problems have been too much of a concern to allow this to happen. Since then, FanDuel was purchased by Paddy Power Betfair and FanDuel Sportsbook was launched. It’s difficult to see any type of merger ever happening between these two companies.
What do terms like PMR and EI mean on DraftKings?PMR is an in-game number that shows how many total player minutes you have left on your lineup card. This number is useful when watching how your point total is shaping up against other lineups in your contest. EL is another DFS term used for basketball. EL is the EuroLeague for daily fantasy basketball contests. You can check out a full glossary of terms on DraftKing’s website.
DraftKings Daily Fantasy App
DraftKings is a fairytail tech company story that started in some visionaries home. Three Bostonians put their passion for sports into every decision. They have been more than just a platform to play fantasy sports games.
DraftKings has been at the leading edge in the legal battle for both the rights of daily fantasy sports players and sports bettors. The company has been influential in the changing landscape of legalized sports betting in the United States.
Well DoneDraftKings has the largest prize pools of any DFS site.
Registration is simple, and handling the financial aspects of playing DFS contests or making sportsbook wagers is safe and simple as well.
Is Draft Kings Legit
With more than 10 million users worldwide, if you want to play with the best that DFS has to offer, you will get that opportunity on DraftKings.
Needs HelpDraftKings doesn’t offer enough set contests for beginners. They have a number of information pages to help you devise a strategy, and they do designate who the experienced players are. However, there aren’t many contests exclusively designed specifically for new players.
While the DK Crowns are a welcome rewards system, they are hard to earn and it takes a large number to earn free contest entries. For instance, it takes 150 crowns ($150 worth of contests entered) to generate a ticket to a quarter contest.
Is Draft Kings Legitimate
Free Betting News & Bonus OffersFind Out When You Can Legally Bet in Your StateShare