How does Draftkings work?
Whether you are a professional fantasy game player or a novice in this type of gaming, you will be interested in knowing how Draftkings works, since they are one of the biggest fantasy game company providers in the USA.
Draftkings: how does it work
The one thing that’s worth mentioning straight from the beginning is that Draftkings makes sure to offer prizes and contests every day, or at least every week – not many companies from within the industry can brag about such thing. Here you will win instant prizes paid in cash without having the need to commit to a full season of games.
The main sports and contests that Draftkings covers are: the National Football League, Major League Baseball and Soccer, English Premier League, PGA, NASCAR, UFC/MMA. The plus side is that you can also get college football and basketball (NBA & NHL) contests throughout the year.
Before participating in any game, remember to read the terms and conditions displayed on the company’s website. For instance, it is important to know that: “The Company, at its sole discretion, may disqualify any entrant from a Contest, refuse to award benefits or prizes and require the return of any prizes, if the entrant engages in conduct the Company deems to be improper, unfair or otherwise adverse to the operation of the Contest or is in any way detrimental to other entrants.” Therefore, Draftkings will take you in as a member only if you respect their rules and criteria.
As long as you register with Draftkings, you can enter any contest you want for only 25 cents. Of course, some fantasy game entries can cost you even $10,000. Your fill your lineup, you will get a salary of $50,000 to pick your team and players, which will bring you more money.
The best way to get a hold of all these prizes is to sign up with the operator and start depositing money. You can place any deposit you want, but if you go over a certain amount of money, the company offers you all sorts of prizes and rewards. However, these bonuses depend on how much money you’re willing to spend on contests, and you cannot simply receive a 100% bonus for each deposit.
There are the following contests you can play with Draftkings:
- Drafkings Freeroll (free to enter; you can use Entry Tickets or Draftkings dollars);
- GPP (Guaranteed Prize Pool);
- Sit N’ Gos (these close if they don’t fill up completely, but in this situation, you’ll get back your money you deposited);
- Double Ups;
- Qualifiers (if you win, you receive tickets, which can be redeemed for use in other paid contests);
- Winner Takes it All (here, only one player wins the entire prize pool);
- Multi-Entry (you get to entry multiple teams into one single contest).
How can you play on Draftkings
The steps a player has to go through are very simple. First, you need to create a new member account on the website (in case you don’t have one already). On the website, you will find lots of contest types designed to suit your preferences (as we mentioned earlier, some are free, but some require an entry fee, which can vary from contest to contest). The operator declares on its website that “Users will be able to visit the Website and view the games available for entry (the “Contests”). Each individual Contest that is not free to enter has an entry fee listed in US dollars. When you select to participate in a Contest and complete the entry process, the listed amount of US dollars will be debited from your DraftKings account.”
Note that if the contest you selected is guaranteed, than the payout will be that specific prize total even in the case that the contest doesn’t get to be filled when it begins (on the off chance that the it is not guaranteed, then the contest will be cancelled, and you’ll be refunded with the buy-in amount).
After you pick your contest, start drafting your team and choose a player based on their skills, performance positions and salaries. As soon as you complete the team and submit a roaster (option that can be modified anytime until the contest begins), all you have to do is to follow your team and keep your fingers crossed. If you get lucky and your team wins, the cash at stake will be accredited to your account immediately.