One of the best-kept secrets of DraftKings Sportsbook is its jackpot pools. This feature on DraftKings Sportsbook allows you to win decent-sized prizes by making correct predictions about various sporting events. While these aren’t life-changing amounts of money for winning, they’re definitely a lot of fun, and the best part is that they’re absolutely free. We think you’re going to love them, so we’re breaking down everything you need to know about DraftKings jackpot pools.
DraftKings Jackpot Pools are simple yet exciting contests that revolve around making predictions on sports events. Sure, this sounds simple enough, but there’s a bit more to it.
For starters, there are pools, and then there are jackpot pools. They work the same way but have one big difference.
In general, each basic pool consists of 15 questions related to upcoming games, matches, or sporting events. For example, right now, they have the T-Mobile Tuesday Baseball Series. That means all questions will be related to MLB games this Tuesday. So, you do have the ability to at least narrow down what the questions are about. Players must submit their picks before the start of the pool. Once your picks are set, there’s no going back and changing them, so make sure you made the picks you wanted. The initial jackpot varies from pool to pool, but in general, the total amount allocated for prizes is $5,000. That is then broken down by each player’s placement in the standings. It’s not a huge amount, but then again, these basic pools are free to enter.
As for the wildly insane jackpot pools, these do have a $2 entry fee, and the total winning amount isn’t capped like the basic pool. Instead, the jackpot continues to grow like a progressive jackpot slot machine. The more people that enter the contest, the higher the payout for the ultimate winner. These prize payouts can reach life-changing amounts which is why so many sports bettors love playing these pools.
Understanding the rules is important for anyone looking to play in DraftKings Jackpot Pools. So, we’ve put together some of the basics for playing these popular games—
Entry Limit. Each user can submit up to 10 entries per jackpot pool. This increases your chances of winning, as you can cover more possible outcomes. As for the free pools, those do have a 1 entry per player limit.
Payout. The payout, or jackpot, is credited to the winners' accounts within 24 hours of the completion of the final event related to the pool. This is paid out in cold hard cash, and you can choose to withdraw your winnings or keep playing in the sportsbook.
Cancellations or Postponements. If fewer than 14 events in the pool are completed, the jackpot pool is canceled, and entry fees are refunded. This just keeps it fair for everyone involved.
No Withdrawal. Pick once and pick right. Once you've entered a pool, you're committed to it. Withdrawal from the contest isn't allowed, so make sure you're confident in your picks before submitting them. This is just like any other bet on your bet slip.
That’s all there is to it. Simply pay the entry fee and start making your picks, and you might find yourself walking away with a ton of cash.
While the thrill of participating in DraftKings Jackpot Pools comes from the unpredictability of sports, there are strategies you can use that we think will improve your chances of winning.
One of the most effective ways to increase your odds is to do thorough research. Sure, this might sound like a no-brainer, but you’d be amazed at how little your competition researches. This research includes analyzing team and player statistics, recent performances, injuries, and other factors that could influence the outcomes of the events. The more informed your selections are, the better your chances of making correct picks.
With up to 10 entries allowed per user, you might want to consider diversifying your selections across different entries. This strategy can help you cover a broader range of potential outcomes, increasing your chances of hitting the lucrative jackpot. If you’re looking to diversify, be sure to vary your picks to the questions so your entries aren’t the same.
Sports events can be unpredictable. With last-minute changes in lineups, weather conditions, or other factors, every event brings something new and unique. So, it goes without saying that staying updated on these changes can give you an edge. This is even more true if DraftKings modifies the questions in response to such changes. Being agile and adjusting your entries accordingly can be beneficial and give you an edge over the competition.
There are 15 questions, and researching all of them can be a huge task. Fortunately, certain events or matchups can be more pivotal than others. Identifying these key games and concentrating your efforts on predicting their outcomes accurately can be a winning strategy. While you might not win the jackpot by doing this, it can easily put you ahead of the rest of the leaderboard because this approach allows you to put more effort into analyzing the most critical aspects of the pool.
We asked our readers what they loved the most about the DraftKings Jackpot Pools, and we found that the allure lies in the potential for life-changing winnings and the thrill of competition.
As the jackpot grows with each entry and rolls over when there's no winner, the excitement builds. This attracts even more participants. The community aspect, with many players vying for the same prize, adds to the overall experience. It’s a bit like the Powerball or MegaMillions lottery. There are a lot of people that don’t play until the jackpot is an insane amount and at that point they’ll begin to play.
So, what we’ve noticed with the total jackpot amount is that it grows exponentially. Watching the jackpot pool amount grow is sometimes more fun than playing in the game itself.
DraftKings Jackpot Pools provides an exciting way for sports bettors to test their knowledge and potentially win big with a life-changing amount.
With a modest $2 entry fee to get in on the action, we think it’s totally worth it. If you can answer 15 simple questions correctly, you might not have to work again.