DraftKings Sportsbook IN Promo Code 2019 — $200 Risk-Free Wager + $500 Deposit Match

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Quick Look:
  • Our Rating: 7.9/10 (Very Good)
  • Operator: Penn National
  • Software: Kambi
  • Promo Code: None Needed
  • Bonus: $500 Bonus+$200 Risk-Free Bet

When Indiana legalized sports betting in May 2019, sharp money was on DraftKings being one of the first mobile apps to market. It didn’t disappoint, going live with the state’s second sports betting site on October 3, mere weeks after Indiana casinos were given the green light to start taking wagers.

DraftKings is licensed by the Penn National operated Ameristar East Chicago in Indiana, taking advantage of a blockbuster deal that will see DraftKings and Penn National working together in multiple states where sports betting is legal.

As for the site itself, it’s solid, with an easy-to-navigate interface, niche offerings, top-notch teaser pricing, and a two-tiered welcome bonus for new players. But it’s not all roses, as DraftKings suffers from mediocre pricing in spots, and some tough wagering requirements on some of its bonuses.

Brand recognition is going to go a long way toward vaulting DK to the top of the Indiana sports betting market — let’s just hope it continues to strengthen its strengths and shore up its weaknesses. Read on for our comprehensive review of the book, including how you can cash in on its welcome package.

DraftKings Sportsbook bonus offer – November 2019

DraftKings is making a splash in the Indiana market with not just one, but two, bonus offers for first time depositing players. When you sign up using the links on this page, you will be eligible for a 20% match up to $500 on a first deposit, with the cherry on top being a $200 risk-free wager.

DraftKings Sportsbook 2019 bonus code and details

DraftKings Sportsbook IN Promo CodeNone needed - click here
Deposit bonus$500 bonus + $200 risk-free bet
PartnersAmeristar Casino/Kambi
Online Since2019
Claim My $500 Deposit Bonus and $200 Risk-Free Bet!

How it works

In order to take full advantage of the deposit match offer, players must deposit $2,500. That may be a little too steep for some players, and we admit that a 20% deposit match isn’t all that great, especially when some sites are offering 50% or 100% matches.

Also unfavorable are the unlock requirements. To convert the bonus to cash, players must wager $25 for every bonus dollar, equating to a rather lofty 25x playthrough requirement. On the plus side, daily fantasy sports entries also count toward the requirement.

As for the risk-free bet, players will receive a bet up to $200 on their first wager. Note, it doesn’t appear that players have to lose their first wager to receive the $200 free bet, which is a big positive. But like all free bets, only the winnings from the free bet wager is returned as cash, not the bonus amount itself. The free bet must be used within 30 days of a bettor’s first wager on DraftKings, after which time it expires.

All-in-all, the $700 in combined bonus dollars makes this offer very attractive to new players, even if we aren’t crazy about some of the terms.

Things to like from DraftKings online sportsbook in Indiana

  • DFS integration: Indiana players that have an existing DraftKings daily fantasy account can make the transition to sports betting with ease, as account information and (to an extent) the wallet is shared between DK’s DFS site and online sportsbook.
  • Niche offerings: Bettors looking for something a little bit different than the standard sports betting fare will love DraftKings Sportsbook, as it offers niche features like daily, weekly, and season-long betting pools, as well as a flash bet feature, which is effectively an interface where players can quickly and easily place live, in-game wagers.
  • Promos: DraftKings has really upped its promotional game of late, adding in a slew of offers that provide players with kickbacks in the form of bet protection, match bets, odds boosts, and other incentives. There is even a rewards program.
  • Cashier: DraftKings keeps improving it’s cashier, adding a variety of depositing and withdrawal methods, many of which boast quick turnaround and high acceptance rates.
  • Teaser pricing: Thanks to its partnership with Kambi, DraftKings is able to offer the Teaser+ innovation. This teaser variant offers significantly better pricing compared to normal teasers.

Things not to like

  • The juice trends higher on DraftKings compared to industry averages.
  • Winners tend to have their betting limits lowered.
  • Support only offers callbacks by phone, not a direct line.

Special offers and promos at DraftKings Sportsbook

Beyond the welcome bonus, new (and returning) players will find a slew of promotional value at DraftKings Sportsbook IN. While individually these offers aren’t exactly awe-inspiring, taken together they are at least incentivizing to players looking to get more bang for the buck.

Common offer types include:

  • Insurance: For example, a promo might have players bet a parlay and refund them their stake if one-leg misses.
  • Hard-luck refunds: Lose a tough bet, like having your football pick put up 25+ points and still lose, and get a refund.
  • Daily odds boosts: Special hand-selected wagers that offer better than true odds. For instance, a bet that normally has +150 odds may be boosted to +200.
  • Refer-a-friend: Players that refer their friends through a personal referral link, can win $100 in free bets, spread across 5 $20 bets. What’s more, the referred player will also be eligible for the free bets.

In addition, players often have the chance to participate in free to enter pools, and pick’em contests, with prize pools that cross the five- and six-figure thresholds.

The one downside of DraftKings’ promos are that the bonus caps are set pretty low. Take a recent parlay insurance promo, for example, which refunded players if one out of five or more legs lost, but only up to $25.

DraftKings Sportsbook: Loyalty program

DraftKings has recently instituted a loyalty program for its online sportsbook, and to that, we say thank you.

From the looks of it, DraftKings Missions rewards players that complete tasks with a variety of goodies, including free bets, exclusive odds boosts, and more. The more you play, the more you win.

DraftKings has a similar program in place for daily fantasy sports players, where players can claim a mission each day, and are rewarded with virtual currency (Crowns) for completing the mission. Crowns can then be spent in the DK Shop, where players can purchase contest tickets, DraftKings branded clothing, and tailgate goods.

Registering at DraftKings IN

For those with an existing DraftKings daily fantasy account, registering is a snap, as players can use that same info to log in to the online sportsbook.

For the rest of us, simply follow the four-step registration process:

  1. Select a username and password and provide your email address
  2. Enter in your full name, address, date of birth and the last four digits of your social security number
  3. Secure your account: In order to create an account, players will have to pass a stringent security check, that verifies if their provided information checks out. This security feature is intended to protect player identities and funds.
  4. Confirm location: In order to do this you’ll need WiFi enabled from desktop or a stable 4G / WiFi connection from mobile. If you’re located in a state where DraftKings sports betting is legal you’re golden.

Once a player’s identity is verified, the account is created and the player is free to make a first deposit and claim the book’s welcome bonus. Note, that you do not have to be in Indiana to make a qualifying deposit, only to place real-money wagers.

DraftKings software snapshot

DraftKings Sportsbook IN offers its sports betting platform on both desktop and mobile devices, via Android and iOS powered devices.

However, the daily fantasy app is only integrated as part of the desktop software. On mobile, players will have to have two separate apps. On the plus side, there is a function within the sports betting app that allows players to quickly open DK’s DKS app.

Desktop platform

We give DraftKings Sportsbook a lot of credit for continually adding new features to its sports betting platform.

First the basics. The platform itself is rather drab, featuring a green on gray color scheme, but highly functional, with popular markets listed in a top navigational bar, and the main page providing quick access to live in-game events, broken down into markets. Game lines for select markets can also be quickly accessed from the homepage, and there is a quick betting feature for the most popular games of the day.

DraftKings also makes a point to display its best promotions at the top of the homepage. We appreciate this one, as all too often, sportsbooks hide their promotions behind a menu or two.

We really enjoyed DraftKings approach to its user interface, particularly how easy the book makes it to find bets. On most books, players have to select a market, and then a game to view all the wagers for that game. DraftKings does this too, but it goes the extra mile, by neatly categorizing every prop, alternative spread, and derivative into its own menu. It even provides game stats for the upcoming contest, that players may or may not find useful (just be wary of using these stats as the basis of your bet).

Stats Page at DraftKings Sportsbook IN
Stats Page at DraftKings Sportsbook IN

Alternatively, DraftKings IN offers a “bet type” view. So players who want to see a certain prop or derivative for ALL games within a market can do just that. It’s a neat nuance that grants players a lot of flexibility over how they bet.

Players can also access other nuanced features of the site, like Flash Bet and betting Pools, from the main menu (more on those later). And of course, all the account management features players have come to expect are available, like the cashier, bonus status menu, and account info.

One issue: we do wish the withdrawal menu was placed in a more accessible area — hiding it in the account information section comes off as borderline predatory, especially considering how visible the deposit icons are.

Finally, the bet slip is tucked away on the right-hand portion of the screen on desktop and functions exactly as it should: easily. Once a bet is selected, the bet slip populates with that wager. Add another bet, and players will be able to view the bet as a single, parlay, or round robin. Odds and payouts are clearly displayed for each bet type, and if the Teaser+ or Cash Out feature is eligible for your wager, the software will let you know.

Mobile app

The DraftKings IN mobile app, available as a direct download from mobile browsers for Android/iOS, and from the Apple App Store (iOS only), is effectively a clone of the desktop software. Nearly all the features from desktop have been ported to mobile, so bettors won’t have to worry about things like not finding bets or not being able to deposit from their mobile devices. It’s all there.

That being said, the mobile app (even on larger smartphones) feels a bit cramped. Players will often find themselves having to scroll to find their preferred bet type or market. It’s a minor inconvenience. More inconvenient is that the bet slip obscures the entire screen, so players will have to go back and forth between the betting menu and their bet slip. It’s not the end of the world, and in other areas, the mobile app shines.

Banking at DraftKings Sportsbook in Indiana

As one of the first online sportsbooks to launch in Indiana, we didn’t expect a heck of a lot from DraftKings cashier. We were proven wrong, as the site offers a robust number of depositing options:

  • Online banking: Safe and secure deposit method, where bettors allocate funds directly through their bank portal. Eligible banks include Chase, Bank of America, Wells Fargo, PNC, TD Bank, and more.
  • Visa/MasterCard: Low acceptance rates hinder this method, but if you can get it to work, it’s very convenient.
  • PayPal: Players that have an existing PayPal account should have little trouble using the popular eWallet to get funds on and off the site.
  • Skrill: Third-party wallet designed for gambling transactions.
  • Play+ Prepaid card: Players can sign up for a Play+ card, and load it with their credit or bank card. Great option for those who have had trouble depositing via other methods. You do not need the physical card to conduct transactions on DraftKings, but once you get one in the mail, it can be used wherever Discover is accepted, and as a debit card.
  • Wire transfers: Transfer directly from your bank account to DraftKings. This is the only method where deposits don’t transfer instantaneously, instead taking a day or two to process.

DraftKings sets its deposit minimums exceedingly low at $5, which is perfect for casual players that like to take the occasional shot at a long shot parlay.

As for withdrawals, available methods include:

  • Physical checks: Delivered through snail mail. Minimum $15, and will take between 7-14 days to reach your mailbox. Use this method only if others aren’t viable.
  • PayPal: Perfect withdrawal method if you’re used to using PayPal for deposit.
  • eChecks (ACH): Withdraw directly to your checking account.
  • Cash picks up at Ameristar East Chicago, which is the land-based casino DraftKings Indiana is affiliated with. Unfortunately, it does not appear that players can make cash at the casino cage deposits at this time.

Claim My $500 Deposit Bonus and $200 Risk-Free Bet!

DraftKings betting lines

DraftKings Indiana mostly offers the standard -110 lines for pt. spreads across NBA and NFL. Occasionally, players will notice the odd -107/-114 or -113/-108 type line which is just a tad juicier than -110/-110.

Money lines for professional sports are a tick better than what players will find on BetRivers Indiana, also powered by Kambi, and roughly on par with FanDuel Sportsbook. However, we did notice that FanDuel’s money lines tend to be better for college sports. Also, it’s at least worth noting that Kambi sites in other markets, like Play SugarHouse in New Jersey, offer significantly better money lines on college sports. That’s sort of a mystery to us, given the friendly regulatory climate for sports betting operators in Indiana.

Parlay pricing is fair, with two-leggers paying +265 on even odds wagers, and three-leggers paying +597. That’s a smidge better than competing FanDuel.

DraftKings also offers the Kambi innovation, Teaser+, which prices teaser payouts based on alternative spread odds, as opposed to parlay odds. This results in better pricing on teasers. The option is currently available for NFL and NBA pregame wagers.

DraftKings offers many two-way (yes/no) player and game props, but the pricing is pretty poor with lines like +100/-139 and -155/+110 the norm. The same goes for derivatives like 1st half/quarter scores, with lines generally set at around 35 to 40 cents. Not great. Fanduel does significantly better here.

Finally, in-game pricing is decent, but nothing to write home about, with live point spreads and totals set in the 25-30 cent range. We expect in-game lines to be higher than pregame, so these spreads didn’t come as a surprise.

Note: DraftKings does have a tendency to limit the wagers of players they suspect are long-term winners, more than most sites. So players looking to get serious about winning should be cognizant of that. They’ll still be able to bet, just maybe not get down as much as they’d like. 

Betting markets

DraftKings offers a wide variety of betting markets. All the staples like NFL, NHL, MLB, and NBA are well represented, along with tons of soccer leagues (over 80), more than 25 tennis leagues, and alternative sporting events like Australian rules football, cricket, cycling, darts, golf, and MMA.

In total, there are 16 betting markets and over 150 different leagues represented. That’s quite the loaded menu, and we applaud DraftKings Sportsbook IN here for its diversity.

Bet types

DraftKings does a pretty incredible job compared to most legal online sportsbooks in Indiana and elsewhere in the area of bet diversity. Of course, there is the standard fare like point spreads, totals, money lines, and futures, but beyond that DraftKings offers:

  • Derivatives: DraftKings offers lines on periods, quarters, halves, and props based around these segments.
  • Game props: Two-way (yes/no) props are found in abundance at DraftKings Indiana.
  • Other props: Team and players props typically number in the dozens for major sporting events. Most of these are two-way props.
  • Round robin: A variation of parlays where players select 3 or more bets they like and divide them into multiple parlays.
  • Teasers: DraftKings uses the Kambi innovation Teaser+ for its NFL and NBA teasers, where pricing is based on alternative spreads for each individual game.
  • Cash outs: Players can cash out their pregame tickets (on select wagers) early in order to lock up a smaller win, or minimize losses. Do note that players will have to pay an additional VIG if they elect to cash out.

There are also two betting nuances that are currently completely unique to DraftKings in Indiana. They are:

  • Flash Bet: This format represents a leap forward for in-game betting. Flash Bet offers an interface where embedded graphics illustrate a match in real-time, with in-depth descriptions of what’s happening moment-to-moment. It also allows players to establish a wager for the next point, and view a timeline of their wagers. Payouts are awarded within seconds. Currently, this format is limited to tennis, but look for it to expand soon.
  • Pools: These are pick’em and vs. spread contests where players compete against one another for a guaranteed prize pool. Simply pay the fee to enter the contest, make your selections and hope you come out near or at the top of the leaderboard. Multiple entries are generally allowed.

Does DraftKings have a retail sportsbook in Indiana?

DraftKings does not have a branded retail sportsbook in the Hoosier State. However, it is partnered with Ameristar East Chicago, and through that partnership was able to receive a sports betting license in August 2019. This paved the way for the launch of DraftKings Sportsbook IN in early October 2019.

Ameristar is parented by Penn National, which recently forged an agreement with DraftKings (and other sports betting operators). This agreement will enable DraftKings to enter multiple states where mobile sports betting is legalized.

Claim My $500 Deposit Bonus and $200 Risk-Free Bet!

DraftKings Sportsbook IN Verdict

  • New Player Bonus 7
  • Betting Lines 7
  • Game Selection 9
  • Software 8.5
  • Cashiering 8
Summary

Offering a flexible and intuitive interface, two-way props, great teaser pricing, and mobile apps, DraftKings Sportsbook in Indiana checks off a lot of boxes. The welcome bonus, while capped high at $700, is pretty difficult to fully clear. The site also has a few other minor issues, like mediocre pricing in spots, and outdated looking software. It's also not super friendly to sharps. But all-in-all we like the direction the site is headed.

7.9 Very Good
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Robert DellaFave

Robert is a veteran writer and analyst for the gambling industry, with a particular focus on the emergent US online gambling market. An avid poker and gambling enthusiast, Robert offers unique perspectives from both the vantage point of the player and industry professional, and is fit to cover a broad spectrum of topics.