The Ultimate Guide To DraftKings Crowns and Dynasty Rewards

what is crown balance in draftkings

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 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.

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 https://www.currency-trading.org/ 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.

what is crown balance in draftkings

Crowns can be redeemed directly for entries in to Daily Fantasy contests. Go to the Daily Fantasy app and you will see the price in Crowns to enter a contest. Crowns can be redeemed for DK Dollars at a rate of 550 Crowns for $1 DK Dollar. DK Dollars can be redeemed on DraftKings Sportsbook and DraftKings Casino, and to make purchases in the DraftKings Marketplace. Yes, the Dynasty Store offers frequent sales on select items, but we’ve generally found the discounts to be rather lackluster. Likewise, there’s no indication that DK Dollars expire either.

DraftKings Dynasty Store Crown Redemption Rate

You’ll have opportunities to regularly earn $1,000+ bonuses, often capping out as high as $5,000 – $10,000. The only additional perks listed are a dedicated VIP host and the ability to gift a free 3-month Diamond trial to a friend. If you’re already Silver, don’t intentionally play more than you’re comfortable with just to reach Gold.

what is crown balance in draftkings

Let’s say you mostly play online slots, and that your favorite game returns about $0.96 per dollar wagered. In gambling terms, we say that this slot has an RTP (return-to-player) of 96%. The Crown accrual boost also applies to your tier status. As an example, say you’re currently a Diamond member, and you earn 50,000 Crowns during the month of May.

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Welcome to Dynasty Rewards

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.

It’s important to note that not all DraftKings’ gaming verticals are available in every state.

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.

  1. Earn Crowns and Tier Credits for every dollar spent across DraftKings products.
  2. Value Sleuths is dedicated to helping people maximize their everyday financial decisions.
  3. You play enough to earn 550 Crowns and redeem them for 1 DK Dollar.
  4. The other is sports betting favorites listed at or shorter odds (i.e. -1500, -2000, -3000).
  5. For instance, if you redeem 5500 Crowns for $10 in DraftKings Roulette free credits, your credits can only be used on that game.
  6. DK Dollars can be used to place wagers on DraftKings and are not withdrawable until players meet a 1x rollover requirement.

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 https://www.forexbox.info/ 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.

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 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.

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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.

The accrual bonus is worth 30% or 15,000 Crowns, so in total, you’ll earn 65,000 Crowns toward becoming an Onyx member. You play enough to earn 550 Crowns and redeem them for 1 DK Dollar. If you wager your DK Dollar on the same slots, you can expect a return (over the long run) of $0.96. Crowns are also used to determine your Dynasty Rewards loyalty tier. All that said, accumulating 500,000 Crowns in a year is a mammoth task. We’re talking nearly $1 million wagered on slots and/or straight/futures sports bets, and up to nearly $4 million on blackjack and video poker.

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.

Daily Fantasy contest entries

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 https://www.topforexnews.org/ 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.

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