Draftkings Futures

4/14/2022by admin

️‍ DraftKings: The Future Looks Good ️‍🔥 After rallying more than 40% since the start of 2021, the question comes to mind if $DKNG (Draftkings Inc) is getting overbought. We have seen many other titles in the consumer/technology space cool off significantly. But DraftKings seems to be going up without looking back.

Investors who took a gamble on DraftKings stock when the company went public in April are sitting on a winning ticket. And the company might be one of the clearest examples of the market's bet on. There are no baseball, basketball or hockey games being played right now. Football, if the season starts on time, won't be ready to kick off until late August for college and September for the pros. UBS downgraded Bed Bath & Beyond to sell from neutral. Raymond James downgraded Bed Bath & Beyond to market perform from strong buy. Jefferies raised its price target on Etsy to $245 from $205.

The data has spoken. The Lakers are a clear favorite. So is Mavericks sharpshooter Luka Doncic. But the info most likely to create waves in Pennsylvania concerns Philadelphia 76ers guard Ben Simmons.

According to DraftKings‘ season data preview, Simmons ranked as the least profitable player for bettors last season.

Is the data correct? And could it happen again this season?

The Sixers’ front office is certainly rooting against that. Philadelphia is currently the fifth favorite in the Eastern Conference and will need a big year from Simmons to climb above that.

The NBA season starts Tuesday, and the Sixers open the season a day later with a game against Washington. So there’s no better time to take a look at some NBA futures and other available wagers at the top Pennsylvania sportsbooks.

Let’s beat the buzzer with some bets.

New User Bonus. T&Cs Apply.

Up to $1,000 Deposit Bonus

Lebron’s Lakers are betting favorites, 76ers in top 10

The Los Angeles Lakers and Clippers help kick off the season Tuesday, with a 10 p.m. game on TNT. The Lakers are favored by two points in that game and carry a moneyline price of -112. The Clippers are -109.

In futures betting, the Lakers are the favorites to repeat as NBA Champions with +275 odds. And according to the DraftKings data, the Lakers are also getting 26% of all championship bets.

The rest of the top 10 favorites according to DraftKings are as follows:

Clippers: +550
Bucks: +550
Nets: +600
Celtics: +1500
Heat: +1500
Nuggets: +2000
76ers: +2000
Mavericks: +2200
Raptors: +2200

Interestingly enough, the sportsbooks seem to view the Brooklyn Nets favorably; they will have both Kevin Durant and Kyrie Irving, as well as a talented group of young players this season. The Heat, who reached the NBA Finals last year, are the sixth favorite, and the Philadelphia 76ers are eighth.

If any of the above teams can land James Harden, who reportedly wants to play for a contender, their current price should provide good value. Harden’s presence will likely lead to a reduction in the odds. According to DraftKings, the Phoenix Suns are the biggest mover on the futures market, going from 70-1 to 40-1 after a strong showing in the NBA’s bubble and the acquisition of point guard Chris Paul.

Over/under for Embiid’s scoring average is set at 24.5 PPG

Scoring average totals also offer another potential wager for the NBA season. Philadelphia center Joel Embiid has an over/under of 24.5. In his comeback season, Kevin Durant has a total of 26.5. And Luka Doncic, who is the favorite for the league’s MVP Award at +400, has a scoring average number of 30.5. In total, DraftKings has PPG total wagers for about 25 players.

Other player futures include the season leader in blocks, assists and rebounds. The top three in each category, along with their pricing at DraftKings, are as follows:

Blocks:

Hassan Whiteside: +225
Ruby Gobert: +300
Anthony Davis/Brook Lopez: +350

Assists:

LeBron James: +275
Trae Young: +300
Luka Doncic: +400

Rebounds:

Andre Drummond: +125
Giannis Antetokounmpo: +300
Rudy Gobert: +400

Philadelphia 76ers team total wager provides season-long intrigue

Another bet that can provide some excitement for the entire season is a team total wager. With the possibility of some games being canceled because of COVID-19 concerns, a few sportsbooks have moved to win percentage wagers instead of a set number of games. DraftKings has set the Sixers’ season win percentage at 58.5%.

That number indicates some potential for a solid season, and there are certainly reasons for optimism. The team made some strong additions at every level of the franchise this offseason. Former Houston Rockets general manager Daryl Morey joined the team as president of basketball operations, and Doc Rivers was hired as the head coach.

The team acquired veteran shooters Seth Curry and Danny Green to complement Simmons and Embiid. And some analysts are also high on rookie draft pick Tyrese Maxey. Perhaps it all adds up to a much better Sixers team.

DraftKings offering no-brainer bets to kick off NBA season

And if you’d like to get the season off to a strong start, DraftKings has boosted a wager on Joel Embiid over 7.5 points to +100 in Philadelphia’s first game against Washington.

The bet seems fairly safe, which explains the max bet of $25. Players must also opt in before making the wager.

Alternatively, users can take advantage of an opening night +75 point spread special. That’s right, for either game on Dec. 22, you can opt in to get a one-time +75 point boost (at +100 odds) on the team of your choice for Brooklyn Nets vs. Golden State Warriors or LA Lakers vs. LA Clippers.

New users can bet up to $50 for the promo, while existing users have a max bet of $25.

This year has to be better for the 76ers, right?

After last year’s strange season, which ended with a championship trophy raised in October, the NBA returns to a slightly more traditional schedule. The league intends to play 72 regular-season games, which is only 10 fewer than in a typical season. There will be big basketball games played on Christmas Day. And a title will be awarded sometime in the summer.

Maybe, just maybe, the Sixers will get close to it.

But they’ll certainly need a big year from Ben Simmons.

He’ll have to turn all that data upside down.

Lead image credit: AP Photo/Ashley Landis

After a long wait, many Michigan online sportsbooks and online casinos finally go live today.

DraftKings has been one of the first to market in every state it has launched; Michigan is no expectation.

This handy guide will help you navigate the mobile DraftKings Sportsbook. Below you can find information on creating an account, depositing funds, placing bets, and sports you can wager on.

New User Bonus. T&Cs Apply.

Up to $1,000 Deposit Bonus

How DraftKings Sportsbook bonus works

DraftKings offers several odds boosts, bonuses, and promotions.

When you sign-up with DraftKings, you receive a $25 free bet even before you make your first bet; however, this is for new customers only.

New customers also receive a 20% match bonus up to $1,000. For example, if your first deposit is $100, DraftKings will give you a free $20 bonus.

Exclusive bonus: $25 free bet
Deposit bonus: 20% match up to $1,000

Creating a DraftKings account to begin online sports betting in Michigan

The first step to online sports betting in Michigan is creating an account. Luckily, you can do this from the comfort of your home.

First, find the DraftKings Sportsbook app for iOS or Android and download it. Next, you will be asked to enter some personal information. Some people might be hesitant at first, but you will be asked for this information regardless of which sportsbook app you choose.

Information you might be asked for may include:

Social security number (last four digits)
Email address
Phone number
Date of birth
Address and zip code
Full name

Additionally, you may be asked to download geolocation software (desktop) or switch on your location services (smartphone).

Create a username and password, and you are done.

Funding your DraftKings Michigan sports betting account

You’ve created an account; now, it’s time to deposit funds. Like other online accounts such as Amazon, Doordash, and Grubhub, you can transfer money from your personal bank account into your DraftKings account. This money is yours, and you can withdraw it at any time, day or night.

Across the US, all sportsbooks, DraftKings included, offer fast and easy ways to deposit money. Some of the easiest include:

Credit/debit card
E-check
Wire transfer
Paypal/Skrill
DraftKings Prepaid Play+ Card

Of course, all these options are for online sportsbooks. While cash deposits are an option, it is traditionally reserved for retail sportsbooks.

Making withdraws

As mentioned, you can withdraw your funds at any time. DraftKings provides a few options to make things simple. All you do is click on your profile in the top left corner. Select “withdraw” and follow the instructions on the screen.

Withdraw options include:

Paypal:3-5 days with a $1 minimum
Check:7-14 days with a $15 minimum
Online banking:3-5 days with NO minimum

Placing Michigan online bets with DraftKings

Once you have your account created and funded, it’s time to start placing bets.

Betting with DraftKings is easy. On the home screen, you can view a list of games for the day. Simply tap on which game you want to bet on, a “bet slip” screen will pop up and ask how much you wish to wager. Enter your amount and select “place bet” at the bottom.

A few traditional bets you can place are:

Parlay bets
Moneyline
Point Spread
Over/under
In-game bets

Live bets or “in-game wagers” vary depending on the sport. For example, during professional football games, you can place bets on “who will score the next touchdown” or “how many points” will be scored at the end of a specific quarter.

Additionally, if you are already familiar with MI sports betting at the state’s retail casinos, you know there are several Michigan sports teams you can place bets on. These teams are:

Detroit Lions (NFL)
Detroit Red Wings (NHL)
Detroit Tigers (MLB)
Detroit Pistons (NBA)
Michigan Wolverines (NCAA)
Michigan State Spartans (NCAA)
Western Michigan Broncos (NCAA)
Central Michigan Chippewas (NCAA)
Eastern Michigan Eagles (NCAA)

Upcoming sporting events you can bet on now

Now that Michigan online sports betting has become a reality, there are several upcoming events you can start placing bets on now. Your options will be identical to retail locations so, if you can bet on a UFC match at a retail sportsbook, you can do it online as well.