It’s important to note that not all DraftKings’ gaming verticals are available in every state.
- On the flip side, players can reduce the house edge of games like blackjack and video poker to under 0.5%.
- Games and bets like slots, keno, and Same Game Parlays award more Crowns because DraftKings generates more revenue off these high house-edge games.
- There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
- There are a couple of game types that are completely exempt from earning Crowns.
- As an example, say you’re currently a Diamond member, and you earn 50,000 Crowns during the month of May.
The real merits of DraftKings’ loyalty program lie in the perks unlocked by climbing up the Dynasty Rewards ranks. On top of this, the DraftKings Dynasty Store has a dedicated travel portal, similar to those available to premium credit card holders. Instead of redeeming points for travel packages, you redeem Crowns.
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Once your DK Dollar balance is wagered, any winnings immediately convert to cash and can be withdrawn, via a withdrawal method of your choice. The better the odds of the games you play, the more your Crowns are worth. Crowns are now a unified currency across all of DraftKings. Regardless of whether https://www.forex-world.net/ you prefer casino gaming, sports, DFS, or a bit of each, all of your rewards will be stored in one universal wallet. DraftKings Crowns are a virtual currency that acts as the foundation of Dynasty Rewards. Players earn Crowns for nearly every real-money action that they make on the site.
DraftKings Crowns and Dynasty Rewards: FAQ
The other is sports betting favorites listed at or shorter odds (i.e. -1500, -2000, -3000). We don’t exactly know why these games are excluded but it’s probably due to their low-risk nature. DK Dollars can be used to place wagers on DraftKings and are not withdrawable until players meet a 1x rollover requirement. Beyond the welcome and Crown accrual bonuses, DraftKings Dynasty members open up a slew of other perks at higher tiers. Currently, after reaching Silver status, you’ll be awarded $50 DK Dollars.
In short, it’s hard to justify a reason to ever redeem Crowns for free credits. Players cannot directly redeem Crowns for dollars, so there isn’t an exact USD conversion rate. In this guide, you’ll get the rundown on how the program works from a former professional gambler and top-tier member. We’ll also sprinkle in numerous tips on how you can utilize the program to mitigate your losses and enhance your winnings.
This is definitely a highlight of Dynasty Rewards, as most other online gaming loyalty programs drop your status after a month or two of inactivity. Also, note that a few “select” slots earn Crowns at a lower rate compared to regular slots. Some online slots return as much as 98-99%, which is exceptional (for a slot). Unfortunately, DraftKings is acutely aware of these slots and has lowered their Crown earn rates. On the flip side, players can reduce the house edge of games like blackjack and video poker to under 0.5%. DraftKings isn’t as generous toward these players, because they’re already playing near break-even games.
Players at this level may also be entered into sweepstakes with a cumulative prize pool totaling $100,000 or more. As a Diamond member, I was invited to fancy dinners, and meet and greets with sports celebrities. I also received https://www.investorynews.com/ VIP tickets to local pro sporting events. Considering it takes nearly 5x as much play to reach Gold as it does SIlver, the added perks come off as underwhelming. Members can also book premium-themed travel experiences.
DYNASTY STORE
However, free credits are far more restrictive than DK Dollars, in that they can only be used on one game that you select from a list of available options. For instance, if you redeem 5500 Crowns for $10 in DraftKings Roulette free credits, your credits can only be used on that game. Players can use Crowns instead of cash to enter Daily Fantasy contests. The exchange rate is the same as it is for DK Dollars, where 550 Crowns is worth $1 toward your entry fee.
However, casino bonus funds are subject to stringent expiration dates. DraftKings Crowns never expire, so feel free to keep stacking them until you see a contest/game you want to play or something you want to purchase from the Dynasty Store. The Onyx tier is the apex of Dynasty Rewards, and the rewards reflect your accomplishment. As an example, a Silver member may receive an offer for a 100% bonus match up to $50, while an Onyx member receives a 100% match up to $1,000. Another big perk of Dynasty Rewards is that after you move up a level you’ll accrue Crowns at a faster pace. While the Dynasty Store offers a truly amazing collection of goods and amenities, we wanted to know if it’s a good use of your Crowns.
For instance, instead of earning 0.182% cash back on DFS entries, as you would as a Bronze member, you’ll earn 0.255% at Onyx. It’s not a huge difference, but it’s nothing to scoff at https://www.day-trading.info/ either. Once redeemed, players can use them to play specific games. They also share the same redemption rate as DK Dollars, in that 550 Crowns can be redeemed for $1 in free credits.
Earn Status to unlock money-can’t-buy benefits and rewards. Redeem those Crowns for everything from site credits to once-in-a-lifetime experiences. Even if you simply haven’t played in a while, a host may reach out with a bonus to entice you back to the site. In addition, you’ll receive your welcome bonus and 10% Crown accrual boost. Every time you move up a level, DraftKings will award you with a tier-specific welcome bonus.
Daily Fantasy contest entries
Some of these are rather ho-hum, while others are big enough to help players temporarily flip the house edge in their favor. So why do some activities award more Crowns than others? It all has to do with the house edge of the games you enjoy. Nearly every financial action that you take on DraftKings generates Crowns. However, the rate at which they’re earned varies widely, depending on the action.
Games and bets like slots, keno, and Same Game Parlays award more Crowns because DraftKings generates more revenue off these high house-edge games. However, players in states with more available gaming options will have greater earning opportunities and a wider array of redemption options. Dynasty Rewards is comprised of five different annual loyalty tiers, and a player’s tier is determined by how many DraftKings Crowns they earn during a calendar year. There are a couple of game types that are completely exempt from earning Crowns.
Nothing special, but in fairness, some online gaming sites don’t let you redeem rewards until you reach the second loyalty tier. So getting that perk right out of the gate is worth something. On top of that, free credits are only available for casino games. The redemption option won’t even show up if you’re currently located in a state where online casino gaming is not legal. Once you reach a new tier, you will maintain your status for the remainder of the current calendar year, and for the entire next calendar year, at a minimum.
DraftKings Crowns cash back rate (DK Dollars)
In the fiercely competitive online gambling industry, retaining customers is everything. DraftKings apparently got the memo, as it has rolled out one of the best VIP rewards programs in the space, the aptly titled DraftKings Dynasty Rewards. Welcome to Dynasty Rewards, DraftKings’ annual rewards program. Earn Crowns and Tier Credits for every dollar spent across DraftKings products. On top of this, Onyx members often receive truly exclusive offers. As a recent example, 500 Onyx members received a free 300,000 Crowns to spend in the Dynasty Store.
