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DraftKings CO Betting Pools Available Now; Online Sportsbook Comes May 1st

27th April, 06:41

There may not be much to bet on at the moment, but that's not stopping the Colorado online sports betting market from opening up. May 1st is the official launch date, and although betting lines will limited, it's an important day for the future of CO sports betting.

While Coloradans wait to become the latest state to allow online sports betting, the DraftKings CO online sportsbook is giving users a sneak peak into the book with a newer concept they have introduced over the last couple years called Betting Pools.

The DraftKings sportsbook is available in around half-dozen states, but DraftKings Betting Pools are only offered in a couple states, including Colorado.

DraftKings CO Betting Pools are available right now to sports bettors in Colorado as a way for bettors to win cash prizes before the sportsbook officially opens up, They will continue to be offered after May 1st but not before DraftKings offers a $10,000 Colorado Popularity Pool on April 30th.

Let's take a look at some of the basics of Betting Pools at DraftKIngs.

If you have ever participated in an office pool of any kind centering around the NFL season, March Madness Super Bowl, or other sports, you are already somewhat familiar with DraftKings Betting Pools.

Unlike betting through the sportsbook where you are essentially trying to beat a sharp line against the sportsbook, Pools are played with other bettors.

There are a variety of different betting Betting Pools available at DraftKings:

Pick'em pools, which are the most common type of pools on DraftKings, are available in a variety of formats including for Game Winner, Against the Spread, Single, Game, and 3-way.

The prize structures of the betting pools range from Guaranteed Prizes, Pari-Mutual with Rollovers and Pari-Mutual Guaranteed. The guaranteed prize pools have a fixed prize pool with a fixed number of entries. Pari-Mutual pools feature a growing prize pool with "rollover" pools, rolling over to the next pool if there are no winners.

How do I win at DraftKings Pools?

You will win a prize from DraftKings Pools by correctly choosing a set number of picks for a given pool. The prize will be shared with all winners, who met the threshold. Since the payout structure can vary by pool, check the full contest details and prize structures before entering.

Want to give DraftKings Betting Pools or the DraftKings Online Sportsbook a try? New sportsbettors who sign-up for DraftKings today will receive up to $1000 in bonuses when joining, including a risk-free bet up to $500 as well as a 20% up to $500 deposit bonus.