How Old Do You Have To Be For Draftkings
DraftKings continues to be one of the hottest daily fantasy sites. Even though it’s slightly smaller in overall size than FanDuel, it’s the site of choice for tens of thousands of fantasy sports fans.
If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. Subject to regulatory licensing requirements. Subject to regulatory licensing requirements. Server Time: 2:28:22 p.m. You must be at least nineteen (19) years of age at time of account creation if you are a legal resident of Nebraska or Alabama or twenty-one (21) years of age if you are a legal resident of Iowa or Massachusetts. DraftKings Casino accepts all prepaid cards for deposits, and the DraftKings Play+ Prepaid Card is a prepaid card issued directly from DraftKings. PayPal deposits have a nearly 100% success rate. Credit/debit card deposits are convenient, but have a relatively high rejection rate, even at legal online casinos.
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. If you are using our App, in order to remove an entry from an upcoming contest (you must have a lineup submitted), go to the 'Upcoming' tab and then click on 'Edit Entry'. From there, click on the Information Icon (the lowercase i) and select 'withdraw entry'. If you have any issues withdrawing an entry, please email support@draftkings.com.
Having said that, it doesn’t matter how popular DraftKings is if you’re unable to win. Whether you’re playing fantasy football, baseball, soccer or golf, it’s the chance to win cash prizes that keeps you playing.
How do you win over the long run? It’s a matter of doing solid research, knowing how to draft good talent, watching your competitors’ lineups and managing your bankroll. It’s more complex than it sounds. Entire books can be written on each of those steps.
For example, bankroll management entails more than just knowing how much money you have in play. It also takes into account how to get through losing streaks, splitting your roll between low-stakes and high-stakes contests, and, of course, paying taxes on your winnings.
I’ll boil down the most important points in this two-part series.
Updated for 2019-2020 NFL season
A Crash course on Winning at DraftKings
The current landing page at DraftKings. Cannot help but notice that you’ll get a free entry with your first deposit!
Since NFL is the hottest fantasy sport by far, I’ll use examples from football. But don’t let that throw you. The 10 points we’ll cover below and in an upcoming post apply whether you’re playing daily fantasy baseball, golf, hockey, basketball or any other sport.
Let’s get on with the first key…
Adjust Your Draft Strategy By Contest Format – Cash Game or Tourney
That advice might seem trite. But contest format plays a huge role in how you draft talent. Your priorities will change with the size of the contest and its payout structure.
We’ve talked about this in the past, mostly as it pertains to guaranteed prize pool (GPP) tournaments and 50/50s (cash games). Here’s the gist:
Cash game line-up’s vs GPP Tourney line-ups.
If you’re playing in a large-field tournament, the payout structure is going to be top-heavy. Approximately 10-15% of the field will end up in a cash position, and most of the money will go to the top 10 players. That being the case, you need to take risks to land in a cash position. You need to draft guys who might have a breakout night.
If you’re playing in a 50/50, the payout structure will be flatter. Half of the entrants get paid, and everyone gets paid the same amount. You don’t need to take as many risks because you’re not trying to land in the top 10 of the field. You just need to end up in the 50th percentile.
Here’s one way to think about the draft – the flatter the payout structure, the more guaranteed points you want to log. That includes 50/50s and head-to-heads. The more top-heavy the payout structure, the more breakout performances you need if you hope to cash.
Tread Carefully When Drafting Sleepers
Everyone dreams of picking a sleeper who breaks out and has a huge night. The team owner not only cashes, but ends up looking like a fantasy sports master. When it works, it almost seems like magic.
How Old Do You Have To Be For Draftkings Optimal
The problem is, most fantasy players find that picking sleepers rarely works to their advantages. They pick speculative talent, hoping for a miracle. But when the dust clears, they find their sleepers still sleeping.
It’s not that picking sleepers is a bad fantasy play. It can work stupendously well if you know what you’re doing.
That’s the key: being selective.
Remember, a low salary doesn’t imply hidden talent. More often than not, it means the player isn’t expected to turn in a major performance that week.
Drafting sleepers can be a great tactic in building a winning roster. But picking players who break out takes research and a fair amount of luck. It’s not just throwing darts at a board. Listen to the talking heads each week but remember that so are thousands of others. Find those guys who aren’t being talked about so much but who look like they might end up with quality playing time due to an injury or opponent or other myriad of factors.
Check The Latest Injury Report
This should go without saying. But every day, fantasy players at DraftKings clearly forget to check the injury report before constructing their lineups. When game time arrives, they’re stuck with players who end up missing their games.
For example, according to the latest NFL injury report (at the time of writing), the Falcons’ Jeremy Langford is out with an “undisclosed injury”. Is he going to make their first season game against the New York Jets? Who knows? He’s currently listed as “Questionable”. If he ends up missing training camp or some games, you don’t want him on your roster.
The same goes for Jaelon Acklin, wide receiver for the Baltimore Ravens. He’s also dealing with an undisclosed injury and may miss training camp and/or some games. Will he play that first week against the Jaguars? At this point, it’s anybody’s guess. His status is also listed as “Questionable”.
The point is that you should always check the most recent injury report to make sure your lineup is filled with guys who are going to show up. The last thing you want to do is waste your salary cap on players who will add zero points to your score and your chances to win.
Learn How To Work DraftKings’ Bonus Points
The scoring system at DraftKings includes a few bonus items that a lot of team owners neglect. If your players hit certain numbers, you’ll earn extra points!
Take a look at the DraftKings’ scoring system for weekly fantasy football. Hidden in the numbers is a 3-point bonus if your QB passes at least 300 yards. You’ll also receive a 3-point bump for logging at least 100 rushing yards. And you’ll receive another 3-point bump for logging 100+ receiving yards.
You want players who can turn in those numbers.
QB Bonus Points
In the QB slot, that means keeping an eye on Ben Roethlisberger, Patrick Mahomes and Matt Ryan for starters heading into the season. They were the head honchos for QBs last year, will they do it again?
Your receivers can bring you a lot of bonus points. You have 3 WR slots to fill at DraftKings, and each one can potentially earn you 3 points by receiving 100+ yards. Julio Jones, DeAndre Hopkins, Mike Evans and Tyreek Hill,lead the pack last season. Each one turned in an average of 100+ yards per game. Again with these gentlemen, will they be able to do it again?
The rushing bonus at DraftKings is tougher to earn. There are two reasons. First, you only have two running back slots to fill at DraftKings. There isn’t as much opportunity in your roster as you have with your three receivers.
Second, there aren’t a lot of RBs who maintain an average of 100+ rushing yards per game (current group).
Bottom line: the bonus points at DraftKings can come in handy, especially when you’re trying to squeak past other team owners in a small league or 50/50. But don’t rely on them. They’re tough to earn.
Establish Your Bankroll Metrics
As I mentioned earlier, bankroll management in daily fantasy sports involves more than just keeping track of how much cash you have at risk. You need to start with a plan that gives you control over your daily and weekly spend. Then, you need to figure out how many bets you should have in play at one time.
The most reliable way to do that is to come up with a formula that reflects your results. As you win more contests, your optimal number of bets will change.
Here are a few guidelines I recommend if you’re just getting started in fantasy sports.
- First, limit your daily spend to 10% of your entire bankroll. If you deposit $200, don’t risk more than $20 in entry fees each day.
- Second, track your wins and losses. Make a note of the date, sport, contest format, field size, entry fee, and dollars won or lost. It doesn’t matter if you do this with a legal pad and pencil or on a spreadsheet. I prefer the latter since it allows me to sort the data. The most important thing is that you do it.
- Third, use a formula that takes your results into account to determine how much money you should risk each day (or week for fantasy football). There are several formulas you can use. A lot of veteran fantasy players use the Kelly criterion. We’ll discuss that method, as well as other bankroll management issues, in more detail in the near future.
Those are the basics when it comes to bankroll management. The key is to reach a point where you don’t have to think about how much to play. Your metrics will lay it all out for you.
More Awesome Reading Awaits!
- DraftKings review.
Updated 06/2020
This Draft Kings 101 review will explain how to create your account on Draft Kings and find the right contests to play in. We’ll go through the entire process step-by-step.
Then, I will review the actual playing of contests including drafting your team and entering line-ups. Along the way, we’ll point out details and features to watch for in order to make the most of your experience. Create your account here.
Ready to jump in? If so, let’s get started!
DraftKings.com Review – The Basics and The Things To Know
- Official Website: www.DraftKings.com
- Office Address: 225 Franklin St, 26th Floor, Boston MA 02110
- 100% Legal Contests – Risk & Win Real Money
- Editor of DFS101’s personal favorite fantasy site for NFL and PGA
- Sign up to my free ebook list to get included in special DFS promo’s.
- Now publicly listed on NASDAQ with the ticker symbol DKNG
Editors NoteDraftKings.com is my personal favorite DFS site to play fantasy football and one week PGA contests.
I can’t help myself. Their golf games get me every week. The site is super easy to use, they allow last minute player swaps and they have a constant series of on-going promotions. I recommend playing fantasy sports at DraftKings. I am confident you will be glad you did.
Getting started at a daily fantasy sports site like DraftKings can be a daunting experience for anyone. Even if you’ve played in fantasy sports leagues for years, they’ve probably been traditional leagues – the type that last the entire season. If that’s the case, playing in the weekly and daily contests hosted by Draft Kings may seem like an entirely new ball game.
DraftKings 101 – My New Players Guide
You have seen the commercials, now it’s time to see how it works. If you’re new to daily fantasy football, basketball, and baseball, having never played in traditional leagues or daily contests, you’re starting from ground zero. It can be scary. We understand. It might seem as if everyone but you is a pro.
But, here’s a secret: the reality is that weekly and daily fantasy sports leagues are a relatively new trend.
Draft Kings is one of our “go to” sites for playing in real money daily fantasy sports leagues. When you arrive on the site, you’ll see 2 buttons, one for signing up with email, the other with Facebook. Click the one of your choice and you’ll be given a window to sign up.
Basic To Do’s:
- Choose a username you like
This one will be with you for life at DK and it will be seen by other players. (I’m Spry13).
- Select your state of residence
Most states are allowed for real money DFS and some states are allowed for their sportsbook where you can bet on the games like at your normal bookie. My home state does not allow me to play in the DK sportsbook so I can’t give you any true insight into that. This guide focuses on the DFS product which I’ve been playing since they initially launched in 2011.
- Check off the tick boxes underneath the state drop-down menu to accept DraftKings’ terms of use and validate that you’re 18 years of age or older
After completing that step, hit the “REGISTER” button. After you click the “REGISTER” button, you’ll arrive at a page that displays several dollar figures and bonus amounts.
You don’t have to choose any of the dollar figures displayed on the page. On the right side of the screen, you’ll see a box that allows you to input the amount you’d like to deposit. Regardless of what amount you enter, you’ll still receive the ticket.
- Select A Funding / Depositing Source
Draft Kings gives you 2 ways to fund your account –
- Any major credit card, (VISA, MasterCard, Discover, American Express)
- Paypal
If you decide to use a credit card, you’ll be asked for basic card details, such as card type, card number, expiration, and CCV. You’ll also need to supply your mailing address and phone number. That’s how DK determines whether you’re an authorized cardholder.
If you want to use Paypal, just click the button for that option. The default fields for entering your credit card info will disappear and be replaced by a single large button labeled “DEPOSIT.” When you click that button, you’ll be transferred to Paypal to authorize the deposit. After giving your authorization, you’ll be automatically shuttled back to DraftKings. Your deposit amount will be displayed at the top right of your screen to the right of the heading titled “Balance”.
- Visit The Lobby
Quick Info
You can play real money games starting at $.10. Dime package contests. These are fun, cheap and a fantastic way to get your feet wet playing for the first time.
There are plenty of low entry contests: $.10, $.25, $1, $2, $3 $4 and $5 events as well as high roller entries up into the thousands of dollars for an entry.
There are also free games but these usually do not have any prize of value.
There are free events and promotions ran throughout the year that you will get access to once you are signed up and have an account created.
Sports Offered
DraftKings has the widest variety of sports available. There are games to play all year round every day of the year.
- Football – NFL (multiple football formats to play)
- Baseball – MLB
- Basketball – NBA
- Golf – PGA and Euro
- MMA – UFC
- Racing – NASCAR races all season
- Soccer – EPL and UEL all season
- Tennis –
- eSports – LoL – League of Legends (video games)
How Does The Money Work?
I’m “Spry13” and have $106.15 in my wallet currently.
Create your account by registering completely for free.
You can now enter free contests with no charge. You will see your account balance shown as “$0.00” under your name at the top of the screen.
To play contests with real money you need to make a deposit. When you deposit, your account balance will update to how much ever you deposited. This is your ‘Draftkings wallet’ and now you can spend it entering contests of your choice.
You can withdraw it out whenever you want. You don’t start spending that balance until you buy an entry into real money contest.
When you win money on the contests it is added to your balance. Use it to play more or withdraw it. That’s up to you.
Finding A Fantasy Contest To Join
The first thing you’ll want to do is to check out the weekly and daily fantasy games to join. You’ll notice 6 tabs, lined up side by side, near the top of your screen. Click the one labeled “Lobby.”
Scroll down the page until you see the list of contests. Take a minute to notice everything that is displayed on the page. You’ll see 8 tabs that let you filter the list according to the type of contest you want to play in. For example, you can limit the list to games that come with a guaranteed prize pool. Or click “HEAD-TO-HEAD” or “50/50” to see only those types of contests.
You can also click on “Advanced Filter” to narrow these options just a bit more if you’re looking to play in something really specific.
Notice that each line shows the number of entries, the entry fee required to join, and the associated prize pool. Each one also shows a countdown that reflects when the contest goes live. You can sort the list on any of these fields. For example, if you want to find games that have a low entry fee, just hit the “ENTRY FEE” column label to bring the freerolls and $1 contests to the top.
Very easy and very intuitive.
Games Offered By DraftKings
- NHL
- PGA (daily fantasy golf) – with multiple golf DFS styles to play
- eSports
- Explore The Daily Fantasy Contests
Just some of the current promos being offered.
Click one of the contest titles.
How Old Do You Have To Be To Have A Draftkings Account
Clicking on a promotion will give you more information about it.
How Old Do You Need To Be To Use Draftkings
A box will pop up on your screen displaying all of the relevant details for that contest. You’ll see the number of people who have joined thus far and the maximum number of participants allowed to join. Draft Kings also displays a list of the folks who have bought into the contest and are waiting for it to go live.
Take a closer look at the “Entry Fee” column. Notice how some of the dollar figures – namely, the ones that say “$2” – have a small orange ticket next to them? That little graphic means you can join the contest without paying the entry fee.
When you make a deposit into your account, Draft Kings automatically gives you a complementary $3 entry ticket. That ticket can be redeemed to join one of the $3 games. It’s a great way to test the waters on DK’s dime!
Games with guaranteed prize pools will go live whether or not they fill to capacity. That’s not the case for contests that lack a guaranteed pool. If they don’t fill to capacity by the time the countdown reaches 0:00, the games are cancelled and the entry fees are returned to the participants. Most all of the daily fantasy sites work that way, due to the way the UIGEA legal requirements are set. You can see the wiki entry on daily fantasy sites here for more info.
The pop-up box also displays how the prize pool will be distributed among the top-ranked entrants. If a contest’s prize pool is $100, 1st place might receive $35, 2nd place may get $25, and the remainder might be split amongst the 3rd, 4th, and 5th-ranked participants. The point is, the payout schedule will be listed in plain sight.
- Keep Track Of Your Account
Close the pop-up box and take a look at the top right of your screen. Notice the graphic that looks like a small gear? Click the gear to display a drop-down menu. Select the menu item that says “My Account.”
There you’ll see your personal information, account balance, Frequent Player Points, and available tickets. (Side note: your balance is always displayed at the top right of the screen regardless of what page you’re on.) You’ll also see your pending bonus.
On the right side, you’ll see a number of buttons. Use them to make deposits, request withdrawals, and to check out your account history.
We’ll go into more detail about these features in an upcoming DraftKings tutorial – particularly the account history feature. For now, realize that this is where you can retrieve all of your account information. Registering your account and finding contests to play in is simpler than you imagined, right? You have Draft Kings to thank for that. They’ve designed their site so that it’s easy to use and navigate. If you haven’t created an account yet, visit DraftKings.com and claim your 100% matching bonus (up to $600).
A shot of some of the current NBA contests that are going on.
Drafting A Team – Building Your Lineup
Want more examples? Watch me enter a real money fantasy basketball contest and win! We’ll explain everything you need to know to join a game and start picking players to win real money and you can see screen shots of me doing just that.
Football Updates
There are now four different contest types or styles to play from when you want to play NFL contests.
The software and games are constantly updated. In 2017 they added a feature to the players themselves, and now we are all classified as ‘Experienced’ or ‘Very Experienced’. You can see more details about who you are playing against and know from a quick glance if they are ‘grinders’ or if they are regular guys. Football is the season for daily fantasy sports sites like DraftKings. It is make or break time for them. They went through crazy growth in 2015 and encountered huge road blocks, legal challenges and insider trading/cheating accusations and shenanigans.
Since last year, things are different. They are taking a lower key stance on advertising. They have announced a new series of “DraftKings community Guidelines” and they have started tagging players who are ‘experienced’. I.E you know not to play against them in head2head matches.
My Final DraftKings Rating – 5/5 Stars
DK is my favorite DFS site to play. I love the interface and the on-going promotions. Not to mention the absolutely huge prize pool tournaments they put up each year. I recommend this fantasy site strongly to my personal friends and family and I am doing the same for you. If you are looking for a quality place to play daily fantasy then come aboard. The site works great with mobile devices so you can sign up and draft your team from anywhere.
How Old Do You Have To Be To Play Draftkings
Related
How Old Do You Have To Be For Draft Kings
- 10 Keys to Winning on DraftKings (Part 1) and Part 2