DraftKings Arkansas Sportsbook Review: Promotions and Risk-Free Bets
Mobile sports betting was recently legalized in Arkansas, but only after a 51% revenue-sharing rule was approved. The result is operators can launch in time for March Madness, but it's unknown which operators will enter the state due to that rule. DraftKings was opposed to the revenue-sharing agreement that will force operators to share 51% of the revenue with three legal sportsbooks currently operating in the state.
As a result, its entry into the Arkansas market might be delayed, but let's be honest - DraftKings probably will give in and join. So, in anticipation of that, we feel it's important to get to know more about what DraftKings Arkansas Sportsbook offers, in order to assess if it's the right online sportsbook for Arkansas's prospective consumers.
DraftKings Arkansas Sportsbook carries one of the most trusted online sports betting brands in North America, with a ton of sports available to bet online. In this DraftKings AR Sportsbook review, with the Arkansas clientele in mind, we'll look at features such as promotions, customer support, mobile app, and more.
Pros and Cons
|Large selection of sports to bet on|
|Multiple new-customer offers|
|Sleek, highly-rated app|
|Welcome bonus has a high play-through rate|
|Live chat customer support is not available 24/7|
DraftKings Arkansas Sportsbook: Overview
From humble beginnings as an operation run out of one of its founders' houses in Boston, DraftKings has spent the past decade evolving into a highly reputable online sports betting brand in both the daily fantasy sports space and as a sportsbook.
Part of what has legitimized the DraftKings Sportsbook brand in particular is its sports betting partnerships with various major sports leagues. Right now, DraftKings Sportsbook has official sports betting partnerships with the NFL, NBA, MLB, NHL and PGA Tour.
One thing sports bettors cannot access through the operator is horse racing online gambling , but that could change someday for DraftKings. Legal horse racing is already an option for Arkansas sports betting fans, but only at retail sportsbooks.
DraftKings Sportsbook Promo Codes Arkansas
|🎁 DraftKings Sportsbook Promo Code Arkansas||Up to $1,050 welcome bonus (Expected)|
|🖊️ DraftKings Arkansas Sign Up Offer||20% Deposit Match up to $1,000 (Expected)|
|🖊️ DraftKings Arkansas Free Bet Offer||$50 with a $5 deposit (Expected)|
|⭐ Who will be Eligible||21+ and located in Arkansas|
|💳 Minimum Deposit||$5|
|⌚️Withdrawal Time||Instant - 5 business days|
|💰 Wagering Requirement:||25x|
|✅ Verified On||Nov 30 2022|
DraftKings Arkansas Sportsbook Bonus and Sign-Up Offers
Newcomers at DraftKings Sportsbook only have one option for a welcome bonus, which is a 20% deposit match. It's possible that Arkansas residents will also be eligible for $100 in free bets as an early sign-up bonus, which we've seen offered in Louisiana.
20% First Deposit Match
With a minimum entry of $5 for their first deposit, DraftKings customers will receive a 20% bonus. The maximum bonus is $1,000, which comes if you submit an initial deposit of $5,000 or more. Bonuses are paid out as cash in accordance with the online sports betting operator's 25X play-through requirement (i.e., $1 of bonus cash is released for every $25 of real-money sports wagers). Customers have up to 90 days to unlock the full extent of their bonus funds.
$100 Early Sign-Up Bonus
Sports betting customers who signed up for a DraftKings account prior to the sportsbook's launch in Louisiana qualified for a $100 bonus of free bets. We hope to see the same thing for Arkansas customers.
Staple Features of DraftKings Sportsbook AR
After securing your welcome offer, you'll surely be looking for more. An online sportsbook needs to provide a certain base layer of features to satisfy its customers and keep them from taking their business elsewhere. He's a look at some staple features we anticipate Arkansas sports betting customers will care about, with brief paragraphs about how DraftKings measures up.
Live Sports Streaming
In collaboration with sports data company Sportradar, DraftKings announced in May 2020 that live streaming will be possible through the DraftKings Sportsbook app. It should be noted that this is not video-capable streaming, but rather a play-by-play stream of updates similar to watching a gamecast on your ESPN app. Still, as long as you're a customer with a wallet balance above $0.00, you'll have the ability to get live updates from more 100+ leagues, including Bundesliga Soccer (Division 1) and the Korea Baseball Organization.
Live Sports Wagering
Live sports gambling is made easy at DraftKings Sportsbook, where the homepage of the desktop and mobile app features the live options front and center. You'll never miss out on live markets because it's likely the first thing you'll see on DraftKings' platform.
Early Bet Cash Outs
Select wagers are eligible for early bet cash outs, based on how much time is left in the game and what the score is. Bettors may enjoy cashing out early as a way to hedge, especially if a key player gets hurt or momentum in a game is shifting.
Same Game Parlays
A single wager on a game is nice, but sometimes it can be more fun to package a bunch of wagers into a same-game parlay. If you're going to be watching an Arkansas Razorbacks football game anyway, for example, you'll have the option with DraftKings to load up a parlay that includes bets such as the halftime spread, point total, moneyline and more.
If you're unsure about a particular bet and you want to do a bit more research, DraftKings may have already done that homework for you. Under its "Stats Hub" tab, users can track line movement, player and team stats, trends relating to player props and much more. You can also check out a series of pre-built parlays, with potential profit calculations included.
DraftKings Mobile App for Arkansas Sports Bettors
Given that mobile sports betting isn't active in Arkansas yet, residents won't be able to download the DraftKings Sportsbook app (though they may already have the daily fantasy sports app). DraftKings' mobile platform has been around since 2018, and it rates very well at both the App Store (4.8 stars) and Google Play (4.6 stars). One strength of the app is its effective geolocation technology. Some competing apps lock customers out of their platforms when they cannot confirm the user's location, but DraftKings typically doesn't have that problem.
How DraftKings Compares to Arkansas Sportsbooks
No two online Arkansas sports betting sites are exactly the same, so it's worth making a direct comparison between DraftKings Sportsbook and its top perceived competitors.
DraftKings Sportsbook vs. Caesars Sportsbook
The impressive Caesars Rewards loyalty program gives Caesars Sportsbook a potential leg up on DraftKings. Legal sports betting at DraftKings contributes to its "Dynasty Rewards" program, which allows customers to redeem points toward future bets, travel and tons of merchandise. We believe the Caesars Rewards program is more robust, but they're on the same plane as online sports betting operators. Many prefer the look and feel of the DraftKings Sportsbook website and mobile app.
DraftKings Sportsbook vs. FanDuel Sportsbook
With its major footprint in daily fantasy sports gambling, FanDuel Sportsbook is arguably DraftKings' most comparable competitor. FanDuel lacks a loyalty program, which is the biggest point in DraftKings' favor, but both sites allow customers to bet online from a vast menu of sports. DraftKings recently added the same-game parlay features which are so popular over at FanDuel, making these two even more similar. DraftKings vs FanDuel Sportsbook is a question that will always be asked with both of their roots coming from the DFS space. It just depends what you're looking for, though both are phenomenal options.
DraftKings Sportsbook vs. BetMGM Sportsbook
BetMGM's mobile app is held in similarly high regard as the DraftKings Sportsbook app, and both platforms offer a ton of sports to bet on. DraftKings vs BetMGM comes down to features and preference as both sportsbooks are exquisite in quality. Where BetMGM Sportsbook has an edge is with unique promotions for existing customers (parlay insurance, free bet bonuses, etc.), which far outnumber the offerings at DraftKings. BetMGM also edged DraftKings in the loyalty department thanks to M life Rewards, which offers sports bettors perks like hotel stays, dining and more, based on how much they bet.
Sports Betting Markets with DraftKings Sportsbook Arkansas
There are many different types of bets to place, and each one is counted as a different sports betting market. The most popular and common markets are outlined below, including spreads, moneylines and point totals.
Though there are no major professional sports franchises in the Natural State, we expect the top sports leagues — NFL, NBA, MLB — to be the ones drawing most sports bettors in. As a whole, the state has two minor league baseball teams (the Northwest Arkansas Naturals and the Arkansas Travelers, both in Double-A) and five universities with Division I basketball and/or football (headlined by the University of Arkansas Razorbacks).
Types of Bets Available with DraftKings Sportsbook
The retail sportsbooks in Arkansas offer some betting types, but the options are bound to expand when mobile sports betting launches. DraftKings has tons of options on its site, which we'll break down in broad categories here. You don't have to be a veteran sports bettor to give any of these betting types a try, but it's important to at least know how to distinguish them first.
The simplest type of bet, which boils down to the simplest of all sports questions: Who will win? Favorites will have shorter moneyline odds that carry reduced potential payouts. But it doesn't really matter who's favored and who isn't. What matters is who has the higher score when time runs out. For example, the Tennessee Titans might be +210 underdogs against the Dallas Cowboys. The game's outright winner is also the moneyline winner.
For spread betting, you're a bit less interested in who will win, and more interested in predicting the margin of victory. The favorite in a particular game has to win by a certain number of points — the points are the spread — in order to "cover" the spread. If the Arkansas Razorbacks' football team is a 3.5-point road favorite against the West Virginia Mountaineers, and the Razorbacks win 23-17, Arkansas is the winner against the spread. With a margin of victory that exceeds 3.5 points, the favored Razorbacks covered.
Using a preset point total, you must predict whether teams will combine to exceed or fall under that sum. This is also known as an over/under bet and is often the second most popular bet in the US market. Using the above example of Arkansas vs. West Virginia, the total line might have been 44.5 points. Given that the total score was 40 points, sports bettors who picked the under would be the winners.
Parlay bets are less a betting type and more a betting format. To build a parlay, combine multiple wagers in one bet slip. You can parlay moneylines, spreads, point totals or others, using games from one or more sports. DraftKings Sportsbook also offers same-game parlays. Each wager in a parlay is called a "leg," and one failed leg makes the whole thing unsuccessful (though DraftKings often has promotions that reward you if you only lose one leg). The added risk is counteracted by the added reward when a parlay works out, because the odds are always longer than if you bet each event individually. At DraftKings Sportsbook, you could theoretically combine a Titans moneyline bet with the Arkansas/West Virginia over 44.5 points and the Arkansas -3.5 points for a parlay.
If you want to bet on an event taking place in the future, such as a team championship or an individual player award, that's called a futures bet. One example would be picking the Atlanta Braves to win the 2022 World Series, a result that won't be settled until next fall. NFL futures are the most popular of the bunch, including the eventual Super Bowl winner and MVP.
Prop bets don't always relate to the result of a game, but rather to the occurrence or nonoccurrence of an event within a game. Player prop bets are especially popular, and examples include an over/under for 3-pointers made by a basketball player, or picking a football player to be an anytime touchdown scorer.
How to Register for a DraftKings Arkansas Account
When online sports betting is legal in Arkansas it will be simply to sign up for a DraftKings account. Here are the easy steps you'll need to take:
- Go to the DraftKings.com/promo-code and click "Enter Promo Code" panel in the DraftKings Sportsbook box. Then select a username and password, and enter your email address.
- Submit your basic personal info, such as name, email address and birthdate. If you've got a promo code, now's the time to use it.
- Have some ID ready, such as a driver's license. Sometimes you'll need to provide an ID scan to help prove your identity and/or location.
- To confirm your location — a necessary step given that there are some DraftKings restricted states — your phone or laptop should prompt you to share your location. After that, you're good to make your first deposit and begin online sports betting.
DraftKings Sportsbook Payment Options
Banking may not be the first thing that crosses a sports bettors' mind, but it's arguably the most important element of the customer experience. Here's a comprehensive list of deposit and withdrawal options at DraftKings.
- Visa and MasterCard
- Online banking transfer
- Electronic gift cards (or DraftKings gift cards)
- VIP Preferred e-check
- Play+ Card
- Wire transfer (via MVB Bank)
- Cash (at participating retail sports betting locations)
To withdraw, use one of the following options:
- Online banking transfer
- VIP Preferred e-check
- Play+ Card
- Wire transfer
- Check by mail
- Cage cash withdrawals (only available in New Jersey right now)
DraftKings Arkansas Payout Options
|💳 DraftKings PayPal Withdrawal Time||3-5 Business Days|
|💳 DraftKings Online Banking Withdrawal Time||Up to 5 Business Days|
|💳 DraftKings Play+ Card Withdrawal Time||2-4 Business Days|
DraftKings Sportsbook Rewards
As previously mentioned, DraftKings has a "Dynasty Rewards" program, through which customers can earn points (called "crowns" in this case) to use toward sports betting, travel, merchandise and more. There is also a VIP program , which offers enhanced promotional offers and access to personalized contests, and that's available on an invite-only basis.
Arkansas DraftKings Sports Betting App
The highly-rated mobile app offers the same sleek design as the desktop interface, with the same contrasting colors of green, white and gray that make the menus easy to navigate. Mobile sports betting is popular for people who are on-the-go and want to place bets at any time from a device that fits in their pocket.
Desktop Interface for DraftKings Arkansas
There aren't many differences between the desktop interface and the mobile app at DraftKings Arkansas, although one advantage for the desktop is screen size. If you've got a long list of wagers you're looking to make, or you want to do some research before wagering, the larger screen of a laptop or desktop computer might be helpful. We find that the app and desktop site both have impeccable loading times.
DraftKings Arkansas Customer Support Methods
The quickest and easiest way to receive customer support at DraftKings Sportsbook is through the live chat option, but it's only available from 7 a.m. to 11 p.m. CT. Some online sports betting operators offer 24/7 live chat service, so this is an area where DraftKings falls a bit short against its competition. With that said, we do enjoy that the full transcript of your live chat is emailed to you after it has concluded. Email support is available at all hours, of course, but the response times vary. During a Sunday amid the NFL season, for example, it may take longer to receive a reply.
Two more options that are always available: conversations with the live chat bot and access to the Frequently Asked Questions (FAQs). By describing your issue to the live chat bot, you may be redirected to a matching FAQ article. Their FAQ page addresses topics such as your account, how to make a deposit, a glossary of betting terms, etc.
If you're the type of person who would rather hash things out over the phone, you can try DraftKings' AR callback option. Enter a callback topic, a subject, a phone number and any details related to your issue. You can even provide a time range for when a callback is best for you.
The only language that exists in the DraftKings Arkansas lobby and on other gameplay pages is English. In a 2017 blog post, the online sports betting site referenced a German-language version in the works.
DraftKings AR Sportsbook Safety and Security
Security and safety are important for companies that offer sports betting because customers deserve peace of mind for anything involving their money and personal information. DraftKings Arkansas has an excellent reputation as a safe operator, encrypting customer info with the latest SSL encryption software.
Although DraftKings Arkansas was targeted in a cyber attack in August of 2018, the online sports betting operator avoided any issues. To do your part in promoting safety, make sure to create a strong password — ideally with special characters, numbers and both upper and lowercase letters — that you keep privately to yourself.
DraftKings AR Sportsbook Retail Sports Betting in Arkansas
So far in the Arkansas sports betting landscape there are a trio of retail sports betting options: Oaklawn Racing Casino Resort (Hot Springs), Saracen Casino Resort (Pine Bluff), and Southland Casino Racing (West Memphis). A fourth retail sports betting location, called Legends Resort & Casino, is awaiting the green light on a $225 million construction project in Pope County.
We expect that DraftKings' Arkansas legal sports betting operation will partner with at least one of the retail sportsbooks in Arkansas, but it's uncertain that this time which one(s) that will be.
Responsible Sports Betting in AR
DraftKings Arkansas displays its care for customers in several ways, one of which is through the Responsible Gaming section of its website. If you are a loved one has a gambling problem, DraftKings AR Sportsbook has a published list of guidelines and resources to help. Partnerships with such organizations as the American Gaming Association and the International Center for Responsible Gaming, any customer with a gambling problem will have access to the resources they need.
To curb a gambling problem, consider setting limits in your DraftKings Sportsbook Arkansas account for deposits, wagers, and/or time spent on the site.
The Verdict on DraftKings Sportsbook Arkansas Sportsbook
Whether you've tried their daily fantasy sports betting or not, DraftKings Arkansas is an undeniably strong online gambling brand in North America. And when it comes to the online sportsbook, Arkansas sports betting enthusiasts should be more than willing to give it a try.
There are fewer week-to-week promotions at DraftKings AR than some of its competitors, which we hope improves over time, but the wide menu of sports to bet on and the effective customer support options make it an attractive online sports betting site.
Factor in the rewards program (not something you'll see at every online sportsbook, and it's integrated with the DFS side), and the highly-rated mobile sports betting platform, and Arkansas sports bettors are bound to enjoy DraftKings Arkansas.
DraftKings Sportsbook Arkansas FAQ
When will DraftKings Sportsbook launch in Arkansas?
DraftKings' launch in Arkansas could happen in the early in 2022, but DraftKings AR was opposed to the revenue sharing model that was finalized, so it will be interesting to see what that does to the timeline for a DraftKings launch in Arkansas. Bookmark this page to stay updated.
Does DraftKings Arkansas offer legal sports betting?
Does DraftKings offer risk-free bets in Arkansas?
Risk-free bets are not typically offered at DraftKings Arkansas. Some sites offer sports betting customers a risk-free first bet, but the standard DraftKings offer for newcomers is a 20% deposit match.
Can I bet on college sports with DraftKings Arkansas?
Yes, you will be able to bet on college sports once online sports betting is legal in Arkansas. That includes regional teams such as the Arkansas Razorbacks and the Arkansas State Red Wolves.
Does DraftKings Arkansas offer live betting?
Live betting will be offered in Arkansas as it is for all states where DraftKings Sportsbook is regulated.
Does DraftKings AR offer an online casino?
Online casinos aren't offered in Arkansas at this time, though DraftKings does have a casino platform in case that ever changes.
How are sportsbook winnings in Arkansas taxed?
According to HB1703, which passed in April 2021, sportsbook winnings in Arkansas will be subject to income tax withholdings of 5.9% "or the highest income tax rate imposed on individual taxpayers ... whichever is less."