Can You Bet on Horses Through DraftKings?
DraftKings is one of the leading fantasy sports operators in the world, but did you know that you can also bet on horses through their platform? In this article, we’ll answer the question of whether you can bet on horses through DraftKings, what the process looks like, and what the advantages and disadvantages are.
What is DraftKings?
DraftKings is a daily fantasy sports provider that allows users to participate in fantasy sports contests for real cash prizes. It offers a wide range of sports, including basketball, baseball, hockey, soccer, golf, and NASCAR.
It was founded in 2012 by Jason Robins, Matthew Kalish, and Paul Liberman, and is headquartered in Boston, Massachusetts. The company is one of the most popular daily fantasy sports providers in the United States and is available in 43 states and the District of Columbia.
Can You Bet on Horses Through DraftKings?
Yes, you can bet on horses through DraftKings. The company has partnered with the Churchill Downs racetrack to offer horse racing betting. Churchill Downs is the home of the Kentucky Derby, as well as numerous other horse races.
How Do You Bet on Horses Through DraftKings?
The process of betting on horses through DraftKings is straightforward and easy. First, you must create an account and deposit funds into your DraftKings account. Once you have done that, you can select the “Horse Racing” tab on the main page.
Once you have selected the Horse Racing tab, you will be taken to a page that displays all the available races. You can select the race you want to bet on and then select the type of bet you want to make. The types of bets available include:
- Win: Betting on a horse to win the race.
- Place: Betting on a horse to finish first or second in the race.
- Show: Betting on a horse to finish first, second, or third in the race.
- Exacta: Betting on two horses to finish first and second in the exact order.
- Trifecta: Betting on three horses to finish in the exact order.
- Superfecta: Betting on four horses to finish in the exact order.
- Daily Double: Betting on two horses to win two consecutive races.
- Pick 3: Betting on three horses to win three consecutive races.
- Pick 4: Betting on four horses to win four consecutive races.
- Pick 6: Betting on six horses to win six consecutive races.
Once you have selected your bet type, you can enter the amount you want to wager and confirm your bet.
What Are the Advantages of Betting on Horses Through DraftKings?
There are several advantages to betting on horses through DraftKings. These include:
- Convenience: Betting on horses through DraftKings is extremely convenient. You can place your bets from anywhere with an internet connection.
- Variety of Races: DraftKings offers a variety of races to bet on. You can choose from races at Churchill Downs, as well as other tracks around the world.
- Live Streaming: DraftKings offers live streaming of races, so you can watch the races as they happen and follow your bets in real-time.
- Bonuses and Promotions: DraftKings offers a variety of bonuses and promotions. These include sign-up bonuses, promotional offers, and more.
What Are the Disadvantages of Betting on Horses Through DraftKings?
Although betting on horses through DraftKings has its advantages, there are also some disadvantages that should be considered. These include:
- Limited Betting Options: DraftKings offers a limited number of betting options compared to other horse racing betting sites.
- Restrictions: DraftKings is only available in certain states and is subject to state-by-state regulations. This means that some races or betting types may not be available in your state.
- Fees: DraftKings charges a fee on all bets. This fee can vary depending on the type of bet and the state you are betting in.
- Customer Service: DraftKings customer service is not as responsive as some other horse racing betting sites.
Conclusion
In conclusion, you can bet on horses through DraftKings. The process is straightforward and easy to understand, and you can take advantage of a variety of bonuses and promotions. However, there are some disadvantages to consider, such as limited betting options, fees, and customer service.
Ultimately, it is up to you whether you want to bet on horses through DraftKings. If you do decide to do so, make sure to research the different betting options and fees, and read the terms and conditions carefully.