Draftkings Cash Out


If you’re serious about DFS, you should be around when inactives come out every Sunday to adjust lineups if necessary. That’s especially true in Week 17, when teams have all different levels of motivation and are apt to sit starters.

In DraftKings Sportsbook, you can monitor that potential value of your wager — which fluctuates as lines adjust for in-game events — and jump off at any point in time you feel is particularly advantageous. A click on the Cash Out button that appears on every open betting ticket is all it takes. DraftKings will match your first deposit 20% up to $1000. This means to get the full $1000, you’d need to deposit $5000. Attached to this bonus offer is also a staggering 25x wagering requirement to release the bonus money. For every $25 you wager, $1 is released as cash into your account. DraftKings sportsbook basics.

I’ll update this article as needed leading up to kickoff.

Editor's note: January 2 and 3 updates in bold.


RBs

Derrick Henry ($9,400) and Alvin Kamara ($9,500)

Draftkings Cash Out

The way this slate is setting up, I think it’s optimal to play 2 of Henry, Kamara and Davante Adams ($9,200). I tend to lean toward paying up at RB.

I’m definitely playing Henry vs. a Texans squad that sits 30th in Football Outsiders’ run defense rankings and dead last in adjusted fantasy points allowed to RBs. Henry demolished Houston for 264 yards and 2 scores back in Week 6. Note that he needs 223 rushing yards on Sunday to hit 2,000 for the season. I think he’s got a shot.

Kamara has been priced way up after his 6-TD explosion last week, but I still think he’s a nice play. The Saints still have a shot at the NFC’s #1 seed with a win coupled with a Packers loss. And they draw a Carolina defense that Football Outsiders ranks 21st against the run and 29th in RB coverage. Kamara scored 22.8 DraftKings points in his 1st meeting with the Panthers, despite not finding the end zone.

Malcolm Brown, Rams ($4,300)

Dare Ogunbowale ($4,500), Ty Johnson ($4,300) and Rodney Smith ($4,000) are also in play as cheap RBs. (And you could play 2 cheapies if you want Davante Adams.) But I feel best about Brown.

Cam Akers and Darrell Henderson’s absences leave the Rams with Brown, Raymond Calais and Xavier Jones in the backfield. The latter 2 have combined for 0 NFL carries. So in a win-and-in game, the Rams are unlikely to mess around with Calais and Jones. Brown could garner 100% of the team's RB touches.

He’s a middling talent, will be playing alongside QB John Wolford and gets an neutral matchup vs. the Cardinals. But Brown is a nice play just based on price and projected volume.

Latavius Murray, Saints ($5,600)

He's the freest of free squares with Alvin Kamara out for Week 17 due to COVID. In the 2 games Kamara missed last season, Murray racked up 48 carries and 18 targets. He scored 30.0 and 30.7 DK points. As mentioned above, Sunday's matchup vs. the Panthers is a good one.

Alexander Mattison, Vikings ($6,100)

Mattison isn't listed on the final Week 17 injury report and has been cleared from his concussion to play vs. the Lions on Sunday. He's the favorite to lead the backfield in touches -- and even 15 or so opportunities in this matchup would make him a nice play. It's worth noting, though, that Mattison has had an appendectomy, sustained that concussion and played just 6 snaps over the past month. There's some risk that he underwhelms from a volume standpoint this weekend, so I don't think he's a must in cash.

* SUNDAY UPDATE *

What started as a deep pool of cash-viable RBs has really thinned out. Latavius Murray joined Alvin Kamara on the COVID list, while Malcolm Brown will be out of cash consideration if Cam Akers ends up active.

We're now down to Derrick Henry, Ty Johnson ($4,300) and Ty Montgomery ($4,000) as our top cash plays.

Johnson should operate as the Jets' lead back today with both Frank Gore (lung) and La'Mical Perine (COVID) sidelined. He racked up 117 total yards back in Week 13 when Gore exited early and gets a Patriots squad that Football Outsiders ranks dead last in run defense.

Montgomery is suddenly left as the Saints' top back, with only practice-squad call-up Tony Jones behind him. New Orleans might expand Taysom Hill's role, so we're not projecting big rushing volume for Montgomery. But the former WR should do enough in the passing game to pay off his dirt-cheap price tag.


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Draftkings cash out feature

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Draftkings Cash Withdrawal

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When you first set your eyes on DraftKings, you will notice the sparse elegance of a site that doesn’t seem to be yelling out “look at us!” This is because DraftKings are world renowned for their wealth of contest types, variety of sports, and same-day payout methods. You can almost double your money by taking advantage of their welcome bonus, and you will continually be rewarded for being a loyal member. There are so many advantages to joining DraftKings that we are surprised that it is all free.

The same-day payouts are astounding. You can use PayPal or choose to receive a check, which usually takes less than a week to arrive. Both methods are excellent, but PayPal is obviously the faster of the two. Since you can use PayPal to deposit as well, the majority of members conduct all of their transactions by simply sending and receiving funds between accounts. Withdrawal processing is available Monday-Friday from 9 to 5, and will take 2-7 business days to complete. Whether you choose PayPal or check, you will be surprised with how simple and fast your money comes.

Many people wonder if they have to pay taxes on their winnings. The answer is yes, your cumulative net profit is taxed, and DraftKings is contractually required to send a 1099 tax form to any player that nets of $600 in profit in a calendar year. This is standard operating procedure for daily and traditional sports betting sites, and is one of the requirements for DraftKings, and sites like it, to stay in business. Similar to the lottery, profits are taxed, and that’s the way it has been forever.

Why Pick DraftKings Over Other Daily Fantasy Sites?

The answer is simply “Class”. DraftKings knows how to treat their members, and they do it in style. Right off the bat you will be presented with the opportunity to double your initial deposit. This will allow you to play with an additional cache of confidence knowing that you are receiving something on the back end. The bonus is doled out in increments the more you play, so you will be continually rewarded just for doing what you signed up to do. That puts DraftKings head and shoulders above many other daily fantasy sports sites, and we haven’t even mentioned the other bonuses. We will let you find out what promotions and special contests are available by yourself, we don’t want to spoil all the fun.

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Draftkings Cash Out Taxes

Absolutely they are! Playing traditional fantasy sports contests for real money has been a safe and legal pastime for a while, and daily fantasy sports are no different. The laws that regulate a sportsbook payout in general have strict definitions of what “unlawful” gaming is. Fantasy sports are specifically exempt from these definitions, and are considered games of skill rather than chance. This is why DraftKings can function in the USA, and offer safe deposit and payout methods.

Draftkings Sportsbook Cash Out

Who Can Join DraftKings?

Draftkings Cash Out Feature

Although fantasy sports are considered games of chance, and are therefore legal in the federal statutes, some individual states either restrict residents from playing for money, or have confusing language in their laws. Because of this, DraftKings cannot allow residents of Arizona, Iowa, Louisiana, Montana, or Washington to play in cash contests. They can however compete in free contests and tournaments on the site. America seems to be going in the direction of fully accepting daily fantasy sports as a legitimate game of skill, so these states might soon change their tune. In the meantime, write letters to your local government!