1. Draftkings California
2. Draftkings Legal In California
3. Draftkings In California
4. California Draftkings Sportsbook

DraftKings DFS platform offers everything a player could want in a fantasy sports site. The selection of sports and massive potential guaranteed prize pool payouts make the platform a must-visit for DFS enthusiasts.

Draftkings is not licensed in California to take bets. A number of other websites licensed outside the state do take bets from California residents however. CLAIM YOUR SIGNUP BONUS UP TO $500 HERE. .Reward tiers are as follows: $3, $10, $100 and $500 are awarded as site credits and can only be used on DraftKings. $1,000, $10,000 & $25,000 are issued.

Get Up To $500 At DraftKings DFS

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• Huge variety of sports
• Massive payouts for GPP tournaments
• Available in more than 40 states

DraftKings Promo Code 2020

New players can unlock a 20% deposit match bonus, up to $500. Terms and conditions apply.

DraftKings DFS: Quick Facts

• New players can enjoy a 20% deposit match bonus, up to $500. Terms and conditions apply.
• DFS contests are available for nearly all major sports leagues, including NFL, NBA, NHL, MLB, NASCAR, PGA, EPL, and esports.
• Deposit options include debit/credit cards and PayPal.
• DraftKings operates in more than 40 states. About half of those states have explicit laws in place regulating DFS platforms.
• DraftKings DFS is available as a mobile app for iOS and Android devices, as well as a no-download browser-based client.
• Contest types include guaranteed prize pool (GPP), cash games, head-to-head, showdown, leagues, prop bets, and more.
• In states where DraftKings Sportsbook operates, the sports betting platform is also available on the integrated DraftKings site.

Pros

• Can play on integrated sportsbook app in some states
• Massive payouts for GPP tournaments
• Creative bets in all professional sports leagues

Cons

• Only a 20% deposit match bonus
• Lack of different deposit methods

What States Does DraftKings Daily Fantasy Sports Operate In?

Daily Fantasy Sports operate in a unique legal environment in the US online gambling world. Players in more than 40 US states can legally play on the DraftKings DFS platform. About half of those states have explicit legislation in place to regulate DFS sites.

In states with specific DFS laws, state gaming regulatory agencies oversee licensing and taxation for legal DFS sites. In New Jersey, for instance, the state created a special agency, called the Fantasy Sports Unit, to regulate the DFS industry.

DraftKings DFS operates in several other states with no explicit DFS regulations in place.

California represents the biggest US market for DFS sites like DraftKings. With a population of nearly 40 million and a plethora of professional and college teams, California serves as one of the biggest sports hubs in the US.

DraftKings operates in California despite the state’s lack of explicit DFS regulations. Lawmakers in the Golden State have attempted to pass DFS legislation several times, however, but to no avail.

Much like California, Texas hosts one of the most passionate sports fan bases in the US. With 30 million people and teams in every major sport, Texas stands as one of the most important DFS markets in the US.

The legality of DFS has gone back and forth in the Lone Star State, but DraftKings DFS currently operates without explicit regulations in Texas.

Florida lawmakers take a similar legal stance to Texas on the legality of DFS sites. State lawmakers have proposed regulations on DFS at various times, but no official DFS legislation has ever been passed.

DraftKings does offer its DFS platform in Florida. Like Texas and California, the Sunshine State hosts one of the nation’s most robust sports markets.

Where Does DraftKings Not Operate?

DraftKings DFS blocks players from some US states. This decision stems from factors that vary in each state.

Montana, for example, explicitly declares DFS as an illegal activity. Nevada, on the other hand, doesn’t outlaw DFS, but potential operators are subject to the same approval and licensing process that applies to any gaming entity doing business in the state.

DraftKings currently blocks players from seven US states. The list includes Arizona, Hawaii, Idaho, Louisiana, Montana, Nevada, and Washington state.

The situation in any of these states could change in the future. In Louisiana, for example, state voters have approved DFS referendums on multiple occasions, only to see the bills fail to make it through the state legislature.

Full Review Of DraftKings DFS

The DraftKings DFS platform offers just about anything a fantasy sports enthusiast could want. Since debuting in 2012, DraftKings has constantly honed its platform, adding more sports and expanding its appeal.

Fans of virtually every major sport can find daily fantasy sports contests involving their favorite leagues. The NFL reigns supreme as the most popular sport for DFS players, but the DraftKings menu doesn’t stop there. The NCAA, NBA, NHL, MLB, NASCAR, PGA, and EPL make up just some of the overall offerings at DraftKings. Esports fans can find an entire world of DFS contests surrounding esports titles as well.

Key Features Of DraftKings DFS

Types of contests offered: GPP, cash games, head to head, prop bets, leagues, showdowns.

Rewards program: Yes.

Sample sports leagues covered: NFL, NBA, MLB, NHL, NCAA, EPL, NASCAR.

Mobile apps: Android and iOS. Browser-based version available.

Deposit methods: Credit cards, PayPal.

Minimum deposit: $5.

Playing limits: Some contests feature buy-ins of $25,000 or more.

Other products available from DFS account:

Professional Sports League Partnerships:

• NFL – DraftKings is the official DFS partner of the National Football League.
• NHL- DraftKings is the official DFS partner of the National Hockey League.
• MLB – DraftKings is the official DFS partner of Major League Baseball.
• NBA – DraftKings is an official partner of several NBA franchises. These teams include the Boston Celtics, Indiana Pacers, Philadelphia 76ers, and others.
• PGA – DraftKings is the official DFS partner of the PGA Tour.

Deposits And Cashouts At DraftKings DFS

DraftKings DFS offers credit cards, debit cards, and PayPal as deposit methods.

How Can I Deposit At DraftKings DFS?

All major debit and credit cards are accepted for deposits at DraftKings DFS. PayPal adds another reliable deposit method. New players can deposit up to $2,500 to get started at DraftKings.

My Credit Card Was Declined At DraftKings DFS. What Do I Do?

In the case that a credit or debit card deposit is rejected by the issuing bank, other ways to fund a DraftKings DFS account includes:

• Using PayPal
• Using a different credit or debit card

How Can I Cash Out From DraftKings DFS?

DraftKings DFS withdrawals, by default, are first applied to the original source used to deposit. If you use a Visa credit card to deposit $100, for example, the first $100 you withdraw from DraftKings will be refunded to that Visa card. Further withdrawals can be made using PayPal or check by mail.

How Can You Play At DraftKings DFS?

Common Geolocation Issues With DraftKings DFS

The DraftKings DFS platform utilizes geolocation technology to determine a user’s location.

At the time of entering a contest on DraftKings, players must be located within the borders of a state in which DraftKings legally operates. The geolocation service will not allow contest entries from states in which DraftKings blocks players

This geolocation service can occasionally disallow entries made from near the border of a blocked state. If this happens, moving further inland and away from the border should allow the entry to go through.

What You’ll Probably Like About DraftKings DFS

DraftKings DFS offers an extensive selection of sports.

DraftKings DFS offers an expansive menu of contests involving just about every major sports league.

All major US sports are covered, including the NFL, NBA, MLB, NHL, NCAA, PGA, and NASCAR. Plenty of contests abound involving international soccer leagues like the EPL as well.

DraftKings also offers esports fantasy sports contests featuring many popular esports titles.

DraftKings GPP contests offer big prizes at low buy-ins.

The dream of turning a small buy-in into a massive payday is alive and well and DraftKings.

The most popular guaranteed prize pool (GPP) contest at DraftKings is the Millionaire Maker contest, which runs most weeks during the NFL regular season. The contest features a grand prize of $1,000,000 (sometimes more), with a buy-in of just $27.

DraftKings offers major prizes for small buy-in tournaments across virtually every other sport as well.

Lots of free contest opportunities

Newcomers to daily fantasy sports contests can find plenty of ways to gain experience and win cash prizes in free entry tournaments.

Filtering the DraftKings contest menu from low to high buy-in amounts brings up numerous $0 buy-in contests.

Why You Might Choose FanDuel Over DraftKings DFS?

FanDuel DFS offers more ways to deposit

DraftKings DFS deposits are limited to debit and credit cards as well as PayPal. These options should allow most players to get started on the platform, but DraftKings loses to FanDuel in the number of deposit options offered.

FanDuel DFS allows credit/debit cards, PayPal, and ACH/eCheck as deposit options.

Customer support is more extensive at FanDuel DFS

FanDuel DFS offers direct customer support by phone, and overall offers a more user-friendly support setup than DraftKings.

DraftKings DFS: Professional Sports League Partnerships

Since debuting as a fantasy sports platform in 2012, the DraftKings brand has become synonymous with American sports. DraftKings expanded into legal sports betting as well in the late 2010s.

The brand operates as a ubiquitous presence in the US sports scene. DraftKings inked a deal to become the official DFS partner of Major League Baseball in 2013, marking the first such agreement between DraftKings and a major sports league.

The NHL entered into a similar deal with DraftKings in 2014. In 2019, DraftKings signed a deal to become the official DFS partner of the NFL.

Other DraftKings partnerships include the PGA Tour and several NBA franchises.

Is DraftKings DFS Right For You?

DraftKings DFS enjoys a well-earned status as one of the world’s most popular fantasy sports sites. DFS enthusiasts won’t find a better selection of fantasy sports contests anywhere.

DraftKings DFS lacks some of the deposit and withdrawal options of its closest competitor, FanDuel DFS. Even with this in mind, players can find plenty of ways to get started at DraftKings DFS. With seven-figure potential paydays, numerous kinds of fantasy sports contests, and an exhaustive selection of sports, DraftKings truly represents the pinnacle of fantasy sports.

DraftKings DFS FAQ

Yes. DraftKings offers its fantasy platform in more than 40 states. About half of these states have passed explicit legislation regulating DFS.

DraftKings DFS is available to players in all US states except Arizona, Hawaii, Idaho, Louisiana, Montana, Nevada, and Washington state.

Yes. The DraftKings DFS platform is part of a publicly-traded, multi-billion empire that includes official partnerships with several major US sports leagues.

DraftKings DFS operates with a vested interest in fair games, prompt payouts, and company transparency.

18 or older. The minimum age to register for an account, participate in fantasy sports contests, and win cash prizes at DraftKings is 18. This age applies to players in all states in which DraftKings legally operates.

The DraftKings Millionaire Maker has at times offered a total prize pool of $10 million, with a grand prize of $2 million. Both the grand prize and total prize pool for this GPP tournament ranks among the largest offered at any DFS site.

No. Many states define DFS contests as skill games, which allows platforms like DraftKings DFS to operate in most US states.

Sports betting falls under the category of real-money gambling, and is only legally allowed in a handful of states.

Yes. Only players located in one of the states in which DraftKings legally operates can participate in the platform’s DFS contests.

Geolocation technology used by the DraftKings DFS platform doesn’t allow players from certain blocked states. Those states include Arizona, Hawaii, Idaho, Louisiana, Montana, Nevada, and Washington state.

DraftKings DFS withdrawal methods include debit/credit cards, PayPal, and check by mail.

Withdrawals are applied as credit/debit card refunds, up to the initial deposit amount, if a debit/credit card is used to deposit. After the initial deposit amount is cleared, PayPal and check by mail are unlocked as cashout options.

See the “How Do I Cash Out From DraftKings DFS” table above for more information on withdrawal options.

Major debit and credit cards offer convenient and rapid ways to put money on a DraftKings DFS account.

Other deposit methods include PayPal, which takes a few extra security steps but is one of the most reliable ways to deposit.

Yes. New players at DraftKings DFS get $20 in free playing credits after signing up. Other bonuses include a 20% deposit match up to $500. Terms and conditions apply.

DraftKings is now a publicly traded company.

The acquisition of DraftKings and SBTech received shareholder approval Wednesday, and DraftKings announced late Thursday that it completed the complex transactions to finish its reverse merger.

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The company will begin public offering Friday morning under the DKNG ticker symbol on the Nasdaq.

“By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven technology platform, we will accelerate our innovation, growth and scale,” Jason Robins, co-founder and CEO of DraftKings, said in a statement.

How is the DraftKings deal structured?

Diamond Eagle Acquisition Corp., a special-purpose acquisition company, will pay $2.7 billion in cash and stock for both DraftKings and sportsbook technology supplier SBTech.

DraftKings gets the lion’s share of the transaction with $2.055 billion in cash and stock. Cash considerations for the deal will be funded by available DEAC cash and private placements of Class A stock. Those placements, at $304.7 million in commitments as of April 15, were priced at $10 per share.

The acquisition is a means of taking the company public and not a change in ownership or direction. DraftKings CEO Jason Robins will receive Class B shares to give him about 90% of capital stock voting power.

Draftkings Legal In California

It’s important to note that the shareholder vote is not the final step in the process. The actual business combination still has to be completed, which has no timeline.

It also comes as DraftKings finds itself with little in the way of meaningful revenue outside of its New Jersey online casino operations. It depends largely on sports betting and daily fantasy sports, both of which have slowed during the coronavirus pandemic.

DEAC forecasts significant growth for DraftKings

DraftKings should achieve a compound annual growth rate of more than 31% from 2017 through 2021. That would mean revenues would grow $460 million, DEAC estimates.

The combination of DraftKings and SBTech establishes one of the largest online sports betting, iGaming and daily fantasy sports platforms, according to the DEAC board of directors in the prospectus.

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Median estimates suggest $18 billion in online sports betting revenue at maturity and $21 billion in mature iGaming revenue for the US. That gives DraftKings an opportunity to hit anywhere from $2.9 billion to $4.7 billion in annual revenue, according to the investor presentation from December. That includes estimates of 20%to30% market share for sportsbook and 10% to 20% market share for iGaming.

DraftKings is well-positioned to continue its US growth as SBTech is integrated and product offerings and geographic reach expands, according to the board. The company’s DFS product currently has more than four million paid users across 43 states.

All of those estimates, of course, come from a pre-coronavirus betting environment. Once DraftKings is public, the industry will get an idea of how hard it’s been hit since sports shutdown mid-March.

DraftKings reported big losses in 2019

DEAC isn’t taking over a cash-cow just yet.

DraftKings reported a nearly-doubled net loss of $142.7 million last year despite revenues rising 43% to $323.4 million.

The company said the higher loss came from continued platform development and three new state launches.

SBTech issues as deal closed in

SBTech brought DraftKings more headaches than expected before they’re even combined.

California Draftkings Sportsbook

SBTech’s global sportsbook partners were down from a cyberattack that began March 27. International partners came back online within six days but US partners waited longer through mid-April. The DEAC shareholder vote was originally scheduled for earlier in April.

It’s also costing the legacy SBTech owners some serious cash. DEAC added a new indemnity clause in the acquisition for $30 million in cash and stock to be held in escrow for two years to cover any claims because of the attack.

That could rise to $25 million in escrow cash and $45 million in locked-up shares if that $30 million isn’t enough.