DraftKings Indiana Online Sportsbook Promo Code
Indiana Governor Eric Holcomb signed an Indiana sports betting bill back in May 2019, and sports betting went live in retail sportsbooks a few months later in September 2019. DraftKings, most known for its daily fantasy sports platform, made a big splash in the Indiana online sports betting market in early October 2019, becoming one of the first mobile betting apps to go live in the Hoosier state.
DraftKings is among the top online sportsbooks in New Jersey and has plans to expand their footprint into several emerging US markets, including Pennsylvania, Tennessee and now, of course, Indiana. DraftKings operates in Indiana via a deal with Penn National Gaming, who owns Ameristar Casino Hotel East Chicago, to share their online sports betting license.
DraftKings Indiana Online Sportsbook Promo Code
DraftKings Indiana Promo Code
|Offer||$500 Risk Free Bet! + $500 Deposit Bonus|
|Casino Partner||Ameristar Casino East Chicago|
|Online/Mobile Launch Date||October 3, 2019|
DraftKings online sportsbook is offering a $500 first bet match that is awarded in the form of a free bet after you place your first real money wager. There is no promo code necessary when you sign up using our exclusive link.
After creating a new account, just place your first bet and DraftKings will award you a Free Bet in the same amount up to $500. Its that simple!
Additionally, DraftKings is offering a 20% up to $500 deposit bonus. This means to receive the full $500 bonus, you would need to deposit $2500. There are wagering requirements attached to the bonus in order to withdraw the funds.
What Advantages Does DraftKings Have in the Indiana Online Sports Betting Market?
- Great Partnership: Penn National has shown a true dedication to being a major player throughout the US sports betting market. After landing a landmark deal with some of the biggest names in iGaming, Penn National will be partnering with DraftKings to allow entry into seven states, including Indiana.
- Online Experience: In addition to running one of the biggest daily fantasy sports sites in the country, DraftKings was the first to go live in New Jersey. DraftKings has parlayed that head start into holding the top spot for the majority of the NJ online sportsbook market existence.
- Familiar Name: DraftKings is one of the most recognizable names in the business thanks to its DFS site. DraftKings makes the transition to sports betting easy by using a shared wallet with its DFS site.
DraftKings Indiana Online Sportsbook will be available on Mac, PC, Android app and iOS (Apple) app.
The following options are available to DraftKings Indiana online sportsbook customers:
- Transfer from DFS
- Online Bank Transfer
- DK Prepaid card
- Paper Check sent to your registered address
- Cash at Ameristar Casino East Chicago cage
DraftKings Indiana online sportsbook offers real money wagers as low as $0.10 on all major sports. All the classic betting options including moneyline, spreads, parlays up to 12 legs and teasers. Odds can be viewed in three different formats, American (+200, -250), decimal (1.8, 3.0) or fractional (17/1, 9/5).
Online sportsbooks have a few advantages over retail sportsbooks when it comes to being truly innovative. One of the most exciting is live in-game betting. Bets can be made on every pitch, game or down while the lines are constantly updating as the action unfolds. Another great feature is the “Cash Out” option. Cash Out allows you to lock up your winnings before the actual outcome is final based on the in-game odds.
- Baseball: MLB, College
- Basketball: NBA, College, FIBA, International Play
- Football: NFL, College
- Hockey: NHL, College
- Rugby Union
- Soccer: MLS, and a huge variety of international leagues including Champions League, La Liga, Europa etc.
DraftKings Company Information
DraftKings was founded in 2012 in Boston, MA by three former VistaPrint employees who had an idea to turn season long fantasy sports into a daily model. Their first product was one-on-one baseball and launched on MLB opening day.
The company announced in July 2012 that they had received $1.4 million in funding and another non-disclosed amount in 2013 from MLB. In November 2013, DraftKings received $24 million in series B funding and began acquiring smaller DFS companies on their road to becoming the biggest DFS site with over 50,000 active daily users by 2014.
As the company continued to grow, they penned deals with the NHL, MLB, ESPN, Fox Sports and the Kraft group that included both funding and advertising agreements. They also had their share of legal issues including market strategy investigations and questions surrounding if DFS is even legain in the US. This led to a $1.3 million payment to the Massachusetts Attorney Generals office.
In 2017, DraftKings and rival FanDuel unsuccessfully attempted a merger, but were blocked the FTC citing that the companies combining would cause a monopoly in the DFS industry. The two companies owned over 90% of the market at the time.
When the US Supreme Court declared PASPA, a 1992 law that essentially outlawed sports betting in states outside of Nevada, unconstitutional in 2018, DraftKings jumped on the opportunity to become the first legal online sportsbook in New Jersey. Launching almost a month before any other online sportsbook in August 2018, DraftKings has continued to be a popular choice, and have held the number one or two spot ever since.
DraftKings now is now turning their attention to expanding throughout the US market as states, one by one, pass regulations legalizing online sports wagering.
DraftKings Indiana Online Sportsbook FAQs
When will DraftKings Indiana online sportsbook be available?
DraftKings Indiana online sportsbook is available now to Indiana sports bettors.
Who can place a bet at DraftKings Indiana online sportsbook?
Anyone who is physically located in Indiana and at least 21 years of age.
What can I do if I have a gambling problem or just need a break from gaming?
There are several options to you on the My Account dropdown under “Responsible gaming.” You can set deposit limits, spending limits, time limits, temporary self-suspension, and total lifetime self-exclusion.