DraftKings started in April 2012 and quickly established itself as a leader in the daily fantasy industry. The website proved itself as a force to be reckoned with by offering extraordinarily aggressive promotions with the biggest payouts on the web.
Since its inception, DraftKings has led the industry with their 100% guaranteed Deposit Bonus on initial deposits up to $600. This is an offer that is still going on today.
So What is Daily Fantasy?
Playing daily fantasy on DraftKings is similar to season-long fantasy in that you accumulate points based on how the players you draft perform in real life. There are, however, a number of key differences.
Daily fantasy allows you to draft a new team every time you wish to play. For example, when drafting a MLB team, the players could be completely different when you play tonight versus next Friday. Each player has a cost value, and your goal is to draft the best fantasy team possible while staying under the universal $50,000 cap. Once the games start, DraftKings has easy-to-follow live scoring so you can easily follow your players, watch your team accrue points, and see where you land by contests’ end. If you win, you’re paid out—it’s that simple.
For the upcoming MLB season, DraftKings will offer a variety of games that will cater to any specific fantasy craving.
GPPs (Guaranteed Prize Pools): This is the type of contest that has made DraftKings notorious. There will be huge GPPs—which means the prize pool is guaranteed no matter how many people enter—to celebrate the start of the MLB season. Check back here for updates, but as of now DraftKings has let us know that they plan to offer a ton of large GPPs to kick off baseball.
Sit-N-Gos: A staple of the poker industry, sit-n-gos are smaller contests that run only if they are filled. These include a variety of heads-up contests, or contests where you can compete against a smaller field for a better chance at payouts. High roller sit-n-gos can garner entry fees for as much as $530, while smaller games can be $1 heads-up, with everything available in-between.
Double-Ups: Double-ups are excellent for users looking to double their entry fee without a ton of risk. In these contests, half the field doubles their entry, while half walks away with nothing. Double-ups are some of the most popular contests on the site, and we recommend beginners try these out to get acclimated.
Steps: For the best and most detailed explanation of Steps Tournaments we direct you to DraftKings’ excellent landing page, but in short Steps Tournaments allow you to enter for a tiny fee with the opportunity to move up and cash out with up to $1,000. Winning on the lower steps gains an entry to a higher step, and as you move up you can win more money. MLB Steps will be implemented in time for the start of the season.
Single Entry vs. Multi Entry: There are advantages and disadvantages to both single entry and multi entry contests, and DraftKings offers an assortment of both. Single entry contests can be better for those just starting out.
The DraftKings developmental team obviously spends a lot of time listening to customers, as their site is loaded with features.
Let’s start with the Lobby, which is easy to navigate with its clean feel and readily available filters. If you’re looking for only Double-Ups, you can simply select that filter or any other contest type. You can also browse by sport, contest size, and entry fee.
There are also helpful tabs across the top of the lobby that make the overall experience a pleasant one. The Help tab answers any questions you have about game play, payouts, rules, or legality. The My Account tab allows you to track everything from your deposit history, to the status of your deposit bonus, to your editable personal information. The real prize is the My Contests tab, which helps you monitor your contests live in the Gamecenter.
DraftKings newest feature, their Gamecenter, is an industry game-changer. For a very detailed look at all the bells and whistles check out the DraftKings blog. You can easily track how your players are doing, and compare your team to your opponents in just a click. The Gamecenter allows users to make DraftKings their only stop when monitoring how their team is doing.
Overall, DraftKings is a uniquely enjoyable experience. It’s a site that is growing at an incredible rate, allowing them to expand the size of their prize pools and the number of features on the site. We can’t wait to see what they have in store for us this year!