DraftKings Indiana Online Sportsbook Promo Code
Indiana Governor Eric Holcomb signed the sports betting bill back in May and sports betting is right around the corner. A potential launch date of September 1st for retail sports betting will be closely followed by the launch of online sports betting. DraftKings, who is most known for their Daily Fantasy Sports site, is looking to make a big splash in the Indiana online sports betting market.
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 of course, Indiana. DraftKings will be able to operate in the Hoosier State via a deal with Penn National Gaming, who operates Ameristar Casino Hotel East Chicago, to share their online sports betting license.
DraftKings Indiana Online Sportsbook Overview
|Retail Launch Date||Expected September 2019|
|Casino Partner||Ameristar Casino East Chicago|
|Mobile Launch Date||Expected Fall 2019|
DraftKings Indiana Online Sportsbook Promo Code
|Promo Code||No Code Neccesary|
|Offer||$200 Risk Free Bet + $500 Bonus|
Taking a look at what DraftKings NJ is offering, we can get a glimpse into what we should expect in Indiana. DraftKings is currently offering a $200 risk-free bet and a first deposit match of 50% up to $500. This means that if you deposit $1000, DraftKings will credit your account with an extra $500.
What Advantages Will 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.
- Familar Name: DraftKings is one of the most recognizable names in the business thanks to their DFS site. DraftKings makes the transition to sports betting easy by using a shared wallet with their DFS site.
DraftKings PA Online Sportsbook will be available on Mac, PC, Android app and iOS (Apple) app.
Based on what we have seen from DraftKings NJ online sportsbook, we can expect to see the following options:
- Transfer from DFS
- Online Bank Transfer
- DK Prepaid card
- Paper Check sent to your registered address
- Cash at Ameristar Casino East Chicago cage
Based on what we have seen from DraftKings NJ, DraftKings Indiana Online Sportsbook will be offering 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 ingame 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 ingame 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?
While retail sports betting is set to open the first week of September, there is no launch date announced for online. Our best guess would be mid-late October.
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.