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In addition, DraftKings offers cash prize payouts for the majority of contests on the platform. Some contests have variable payouts that depend on the number of players and their respective scores. DraftKings Sportsbook: 257-1 Odds on McGregor at UFC 257 Previously, DraftKings has offered 100-1 odds on NFL postseason games. For UFC 257, they’re offering an even stronger payout.

1. This is part of a series of articles I will write on various payout structures of contests on Fanduel and Draftkings. While it is not the sexy topic that people love reading about, understanding Draftkings payout structures and being deliberate about your contest selection over the long run will help maximize your profitability in DFS.
2. When you go initiate a withdrawal, DraftKings will first refund the method that was used to fund your account, up to the amount of previous withdrawals. Any remaining funds will be paid via Paypal or check. Draft Kings asks that you notify them of any changes to your original credit or debit card that was used to fund your DraftKings account.
3. DraftKings Payout structure I know DK recently flatted out their payout format, but it still doesnt sit right for me. Teams finishing in the 5% arent even making triple their money in GPP format. I think they should condense the teams that win from roughly 20% to 15% or heck 12%.

Draftkings Payout Curve

DraftKings Michigan casino offer details

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Make a first deposit of at least $5 and you will qualify for DraftKings’ 100% matched first deposit bonus of up to $1,500. You don’t need to use a DraftKings bonus code or opt in to qualify for the offer, just use our links when you sign up for your new account.

You’ll receive bonus funds as DK dollars, which you can use across all of DraftKings’ DFS, sportsbook, and online casino verticals.

This offer has a 25x playthrough requirement that you have 90 days to clear from the date of your first deposit.

For example, if you make a first-time deposit of $250, you will qualify for the 100% match, giving you a total of $500 to play with.

See the DraftKings Casino terms and conditions for full details. And once you’re up and running with your account, keep your eye out for more DraftKings Casino promotions.

Draftkings Payout Curve Chart

A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected.

In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.

Draftkings Payouts Images

The resulting wager will have the same risk amount with the win being calculated to reflect the odds of the remaining team (Example: On a two team $100 parlay with team A +110 and team B -110 if A ties and B wins the resulting wager will be a straight play on B risking $100 to win $91).