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. Crowns can be redeemed for DK Dollars at a rate of 550 Crowns for $1 DK Dollar.
DraftKings Dynasty Rewards is a loyalty program for customers, offering perks such as exclusive contests, bonuses, and experiences. Users earn Crowns, the program’s virtual currency, by engaging in daily fantasy sports, sports betting, and casino gaming on DraftKings. Crowns can be redeemed for rewards as users progress through different loyalty tiers, unlocking more benefits along the way and incentivizing player loyalty. For instance, a New Jersey player is going to have more earning and redemption options than someone in a state where DraftKings only offers daily fantasy sports. That’s because DraftKings offers sports betting, daily fantasy, and online casino gambling in New Jersey but only DFS in some other states. To no surprise, players who achieve higher loyalty tiers receive more exclusive benefits.
- As you can imagine, you’re only allowed to spend crowns on DraftKings, and they have no physical cash value.
- Individuals must be 21+ to participate in sports betting and iGaming in the U.S.
- If the company can grab market share from the incumbents, a return to profitability could be in the cards, and this stock could take off.
- Notably, Bronze members are permitted to redeem their Crowns for site credit, free play, and DFS contest entries, a luxury that some retail casinos withhold from entry-level players.
All Silver members receive 500 Crowns guaranteed, but they have a chance to win more, up to 100,000. Dynasty Rewards spans five DraftKings VIP tiers, ranging from Bronze https://traderoom.info/ all the way up to Onyx. Players who exchange their Crowns for DK Dollars do not have that simple luxury. Instead, they’ll have to keep track of their wagers manually.
Who Is Dynasty Rewards Good For?
Reach all the milestones to join an exclusive club of players that have completed the Achievement. Notably, Bronze members are permitted to redeem their Crowns for site credit, free play, and DFS contest entries, a luxury that some retail casinos withhold from entry-level players. Most bettors will barely notice the difference, while others will be severely impacted. It really depends on the games you play, with table games, high-RTP slots, and video poker players taking the biggest hit.
After years of uncertainty, DraftKings has finally provided details on how customers accumulate Crowns. In short, players earn Crowns for (nearly) everything they do on DraftKings. Whether it’s participating in daily fantasy contests, placing sports wagers, making Pick6 predictions, playing slots, or buying NFTs, players receive Crowns. Crowns were called FFPs at one point, and it’s a form of currency that DraftKings players use to enter contests. The crowns that you earn each month within DraftKings will also determine your daily Reward Status Tier. Users can earn them through promotions or by exchanging DK Crowns for them in the Dynasty Store.
At the Diamond tier, the exclusive promotions are lucrative enough to temporarily flip the house edge in favor of the player. In addition, Diamond tier members can negotiate bonuses with their hosts, and are often invited to sporting events and premium dinners, among other in-person experiences. 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. Try and at least log in every day to increase your rewards potential, and as you make more bets, you’ll earn more crowns. “We expect +55% Y/Y NGR (net gaming revenue) in Q4 vs. +60% in Q3, driven by the strength in online sports betting and company-specific market share gains for DraftKings.”
The Ultimate Guide To DraftKings Crowns and Dynasty Rewards
All of these can be bought with crowns if you manage to save up enough. Though it may often be preferable to enter a contest with a chance of making real winnings with your crowns, you always have the option of redeeming some great merchandise. The sports betting sector could see competition increase with the expansion of Fanatics and the launch of ESPN Bet. I’m of the view that investors who don’t want to spend hours researching each individual company within this sector may be better off buying the whole group. While this ETF’s fee is high, it’s also expensive to build such a portfolio from scratch. Thus, even active investors can benefit from adding some exposure to such ETFs as a base and playing around the edges.
Unlock The Key To Savings With P.F. Chang’s Rewards
DraftKings has a great merchandise shop with all sorts of brilliant items you can redeem your crowns for. Otherwise, you can also use them to enter specific contests and competitions. Underdog Fantasy is our pick for users looking to try a new and exciting daily fantasy sports experience. The U.S. casino gaming market is forecasted to grow by $13.26 billion (4.5% CAGR) between 2022 and 2027, in line with global trends.
The only slight advantage to Free Credits is that DraftKings will “count down” how many credits players have remaining, making it easy for them to know when they’ve cleared the bonus. 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. As an example, say you’re currently a Diamond member, and you earn 50,000 Crowns during the month of May. The accrual bonus is worth 30% or 15,000 Crowns, so in total, you’ll earn 65,000 Crowns toward becoming an Onyx member.
Crowns replaced the old FPP system and were later extended to other DraftKings gaming verticals, including casino gaming and sports. The daily rewards themselves are often crowns as well, although not always. Your daily rewards will increase in value as your player status gets higher. Those making it into the highest loyalty tiers are the ones enjoying the best perks, but, as you can figure out from the numbers listed above, climbing up the tier levels is no easy feat. For example, you need 90,000 Tier Credits to reach Diamond, translating into around $900,000 wagered on slots during one year.
This includes entering paid contests, placing sports bets, or engaging in other eligible activities. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.
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. Crowns can be redeemed directly for entries in to Daily Fantasy contests. Go to the Daily Fantasy app and you will ig broker review see the price in Crowns to enter a contest. Though crowns have a rough cash equivalent value to put it into perspective, they have no actual cash value and cannot be redeemed or used outside of DraftKings. The merchandise store is full of great items that you can spend your crowns on.