Draftkings Pools

How do DraftKings Pools Work?

Jul 9, 2024

Pools are one of DraftKings Sportsbook's major selling points, but how do they work? We hope to answer that question and more in this explainer

Patrick Corkery patrick@sportsbooksonline.com

How do DraftKings Pools Work?

DraftKings' pools are fairly simple and easy to understand. You select a pool in which to participate and are then given a series of picks to make. If your picks hit, you'll be entitled to a share of a prize pool, and if not you'll be left with nothing for your entry.

DraftKings Pools can be either paid or free. DK has made itself stand out by offering free-to-play pools every single day. This means that DraftKings Sportsbook users are eligible to win cash prizes without actually having to wager their own money. Of course, there are also benefits to the paid pools, that we'll get into as well.

Additionally, users have the ability to join established pools, or create their very own private pools and compete directly against their friends for money or bragging rights.

DraftKings Sportsbook

Register to Play Today

DraftKings Sportsbook was early to enter the US betting market and it has paid off in spades, quickly becoming one of America's favorite bookmaker.

One of the country's most popular online sportsbooks is worthy of its status, providing an overall fantastic betting experience for users across a large number of states.

How to Enter a DraftKings Free Pool

Sign Up with DraftKings Sportsbook

You obviously need to be a member of DraftKings to participate, so make sure to register with DraftKings Sportsbook to lock in a nice welcome bonus and get started.

Users everywhere can participate in free pools, while only players in DraftKings Sportsbook's active state can participate in paid pools.

Select a Pool

Once you're all registered, you'll be set to pick your pool to play. DraftKings pools are offered for many sports, including:

  • Football
  • Basketball
  • Hockey
  • Boxing
  • UFC
  • Baseball
  • Golf

You'll be sure to find a pool for any of the major sports that you have interest in. I'm a big NBA fan, so I'm partial to their daily basketball pools myself.

Draftkings Pools 1
Make Your Picks

Of course, here's where you need to put on your thinking cap. Depending on the pool you're participating in, there will be any number of choices to make. Possible betting markets could include:

  • Spread Bets
  • Moneyline Wagers
  • Player Scoring Props
  • Over/Under Bets

The pool we selected includes 2 NBA games, so we had to tackle who will win the game as well as player bets, such as who will lead each game in scoring.

Draftkings Pools 2
Confirm Your Picks

Once you're sure, go ahead and submit your picks. Up until the events in question begin, you'll be able to modify the predictions you made if you get cold feet.

You'll also have the opportunity to share the pool via text or social media. This enlarges the prizes in paid pools, but just adds more competition for free pools, so you can ignore that if you wish.

It should be noted at this point that DraftKings free pools usually only allow 1 entry per user, so make your picks wisely!

Draftkings Pools 3
Watch the Results

The hard work's done. Now's the time to kick your feet up, relax, and watch the games play out. If you win, enjoy your winnings, but the beauty of DraftKings' free pools is that even losses don't sting all that bad.

DraftKings Free Pools vs. Paid Pools

The most easily accessible pools on DraftKings are, of course, the free variety. There are several of these available to all DraftKings users nationwide, which means that you'll be able to take advantage of free pools even if you're not in a state where online betting is legal since you won't be actually gambling.

Free pools have the obvious benefit of being (wait for it) free. It's always nice to win with no money down, but then again, there are also drawbacks.

Free pools limit users to one entry. That makes sense, since you don't have any skin in the game why would you be able to double down? The prize structure of free pools is also typically less generous than paid pools. Since paid pools' pots are determined by how much money participants put in, this is logical, but a drawback nonetheless.

DraftKings Paid Pools

If you want to participate in paid pools you'll need to be a registered member of DraftKings Sportsbook and be located in a state where the betting site is active.

DraftKings Sportsbook is currently available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Michigan, New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

Types of DraftKings Pools

Draftkings March Madness Pool

DraftKings offers survivor pools based around the NCAA tournament and Super Bowl

DraftKings offers users the following pools to participate in:

  • Pick’Ems - The most common and straightforward kind of pool. You have to pick the results of some selected games and get rewarded for guessing outcomes correctly. The DraftKings NFL Pick'Em Pool, for example, allows users to win prizes for making free NFL predictions.
  • Squares - Often offered for the Super Bowl, squares allow you to pay for blocks within a square that corresponds with what scores are possible in the game. This is a bit more random, but there is some skill involved with deciding what squares to purchase
  • Brackets - Definitely most commonly associated with March Madness, brackets give you a tournament and allow you to predict the outcomes of each game within a said tournament. Again, you're most likely to see this offered around the NCAA tournament, but you can also play with them for NFL playoffs and soccer Cup tournaments
  • Survivors - My personal favorite, survivor tournaments force the user to pick the winner of one NFL game per week. If you pick loses you're out and you cannot pick the same team twice in a season.
Patrick Corkery
Patrick Corkery

DraftKings Survivor Pools

My personal favorite pool on DraftKings is the ProFootball Millionaire Survivor Pool. I'm an NFL fanatic, so getting the chance to compete for a million dollars with no money down was perfect for me.

Unfortunately, the Saints' did me in all-too-soon this year (how do you lose to Daniel Jones at home??), but next year that cash prize will be all mine...maybe...hopefully.

DraftKings Private Pools

Draftkings Private Pools

With DraftKings you can create your own private pool and customize the settings

If you and your friends or co-workers want to get some skin in the game, DraftKings Private Pools are a great option. DraftKings allows users the ability to create their own pools from scratch with custom settings and invite their friends to get in on the action.

In the example above, we've created a simple Pick 'Em pool with a $25 entry fee. We've set the prize pot to be split between the top 3 participants in the pool. So, a 10 person pool would have $250 in winnings, being split between the 3 entrants who were most correct. You can customize any of these settings and have your choice of a number of sports.

This feature takes social sports betting to the next level and can be a nice change of pace from your office fantasy league or survivor pool.

It should be noted that you can only create pools for money in states where DraftKings Sportsbook is active. In other states, you can still create pools, but you cannot require an online entrance fee.

DraftKings Sportsbook

Create Your Own Pool Today

DraftKings Pools FAQ

What are DraftKings Pools?

DraftKings Pools are a fixed-price form of betting where wagers are placed against other bettors for the same event. Pools can be paid or free-to-play pools.

Where are DraftKings Pools legal?

DraftKings free pools are available everywhere you can use DraftKings. Since you're not actually gambling, DraftKings pools are not subject to online betting laws.

However, DraftKings paid pools are only available in states where DraftKings Sportsbook is active. You must be physically located in Arizona, Colorado, Iowa, Michigan, New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming to participate.

Does DraftKings offer free-to-play pools?

Yes. Just about every day, you will be able to find numerous pool entries where you can win real money without shelling out any of your own.

How do DraftKings Pools prizes work?

For free pools, a fixed amount of winnings with a formal payment structure is in place.

For paid pools, the prize is based on the number of entrants in the competition, so the more, the merrier.

What kind of pools are available on DraftKings?

The following pool games are available on DraftKings:

  • Pick’Ems
  • Squares
  • Brackets
  • Survivors
Is there an age requirement for DraftKings Pools?

Yes. Users must be at least 21 years old to participate in DraftKings Pools.

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