What are Crowns in DraftKings?
DraftKings Crowns are a form of virtual currency that players can earn and accumulate across the DraftKings platform, including their Sportsbook, DFS (Daily Fantasy Sports), Casino, Pick6, DK Horse, and more.
Crowns are closely tied to the DraftKings Dynasty Rewards Program, offering players a chance to unlock a wide array of benefits across the DraftKings ecosystem.
As you collect Crowns and Tier Credits advance through the Dynasty Rewards tiers, you will gain access to a variety of exclusive perks, such as special promotions, enhanced Crown earn rates, an expanded selection of prizes, and priority services like dedicated customer support and VIP hosts.
In this article, we will mainly focus on how Crowns relate to DraftKings Sportsbook, however, the main advantages of this virtual currency will definitely come to those who enjoy using many of DraftKings' different products.
What Do Crowns Do in DraftKings?
DraftKings Crowns have a variety of uses within the DraftKings ecosystem, making it one of the most versatile rewards currencies in the US:
- Site Credit - You can convert your DraftKings Crowns into DK Dollars (DK$), which are DraftKings' version of site credit. DK Dollars can then be used to place bets on the sportsbook that will return both the stake & winnings, without the need to risk your own cash.
- Direct Contest Entry - In addition to buying site credits for the sportsbook, you can also use Crowns to enter various contests directly, including Daily Pools and Daily Fantasy Sports (DFS).
- Casino Credits - If you live in any of the states where DK offers casino, you can cash in your DK Crowns for Casino Credits.
- DraftKings Dynasty Rewards Store: Crowns can be redeemed for a huge variety of prizes in the Dynasty Rewards Marketplace, ranging from tickets for millions of items, exclusive experiences, gift cards, exclusive merch, and more.
- DraftKings Store - Separately from the Dynasty Rewards Store, you can use your Crowns to purchase exclusive DK branded merch on the DK Shop.
How to Earn Crowns on DraftKings Sportsbook
Earning Crowns on DraftKings is quite simple, as you don't need to opt in or take any additional steps to receive them.
Simply sign up to DraftKings Sportsbook, make your first deposit and start playing. You will receive Crowns for every bet you make.
Apart from earning crowns on their sportsbook, you can also earn additional crowns for your activity in DraftKings different products - such as Casino, DK Horse, DFS, and more.
DraftKings Crowns Earn Rate Per Product
| Product | Play | Spent | Earned |
| DraftKings Sportsbook | - Parlays | $1 | 1 Crown |
- Straight bets | $2 | 1 Crown | |
| DraftKings Casino | - Most Slots | $2 | 1 Crown |
- Select Slots | $5 | 1 Crown | |
- Most Table Games | $8 | 1 Crown | |
| DK Horse | - DK Horse bets | $0.75 | 1 Crown |
| Pick6 | - All Pick6 entry fees | $1 | 1 Crown |
| Daily Fantasy Sports | - All Fantasy Sports entry fees | $1 | 1 Crown |
Do all bets on DK Sportsbook earn Crowns?
While every bet type on DraftKings Sportsbook will earn you crowns, there are a couple of stipulations you will want to keep in mind to ensure you don't miss out:
- Odds must be -1000 or larger
- Cashed out or Voided bets do not accrue crowns
Any wager that does not follow these rules will not earn you any DK crowns.
Pro Tip: How to get more crowns on Draftkings
Apart from earning crowns at the earn rate listed above by using DraftKings products, there are ways in which you can boost the amount of crowns your receive for your action.
- Dynasty Rewards Milestones - When you climb up tiers on the Dynasty Rewards Program, you will be rewarded with Crown bonuses
- Crown Boost Days - Every player that is Silver Tier or above on the Dynasty Rewards will receive Crown Boost tokens, which will multiply the crowns you earn on days of your choosing.
- Promos - DraftKings will often offer promos where placing a bet will earn you additional Crowns. These are usually offered for different bet types (SGPs, Props, etc), or for particular leagues or events.
DraftKings Crowns Value
If you have been playing on DraftKings Sportsbook for a while and just now noticed that you have amassed a nice quantity of DK Crowns, you may be wondering to yourself how much they are actually worth - and what you can expect to do with them.
We're here to tell you that - unfortunately - DK Crowns are not worth all that much, as you will need 550 crowns to purchase a single DK Dollar - the bonus currently of DraftKings Sportsbook which is equivalent in value to a USD.
Likewise, if you are planning to use your DK Crowns to purchase items or merch in the DK Shop or the Dynasty Rewards Store, you will find that the exchange rate from DraftKings Crowns to USD there is also about 550 to 600 crowns per dollar.
While we hope this doesn't deflate your dreams of getting an iPad or Oculus Rift with the 28,000 crowns you have managed to accumulate, we definitely encourage bettors to see their DK crowns as a 'long game' type of reward, where perhaps at the end of the season you'll have racked up enough crowns to get a decently sized cash bonus out of it - or maybe a DraftKings labeled pint glass.
| DK Crowns Earn Rate Per Product (In USD) | |
|---|---|
Product | Earn Rate |
| DraftKings Sportsbook | $0.0018 - $0.0009 |
| DraftKings Casino | $0.0009 - $0.0002 |
| DK Horse | $0.0024 |
| Pick6 | $0.0018 |
| Daily Fantasy Sports | $0.0018 |
How to Use Crowns on DraftKings
DraftKings Crowns can be used in multiple ways across DraftKings products, giving you plenty of flexibility on how you can use your points within the DraftKings Ecosystem.
DK Dollars
The most common and straightforward ways to use your Crowns is by converting them into DK Dollars. For every 550 Crowns you redeem, you receive $1 in DK Dollars.
These DK Dollars function exactly like cash within the entire DraftKings platform and can be used across all products, including Sportsbook, Casino, and Daily Fantasy Sports. This means you can place bets on your favorite sports teams, join fantasy contests, or explore casino games without dipping into your actual money.
DK Dollars only have a 1x turnover, meaning you will have to bet them just once to convert them to withdrawable cash. Unlike bonus bets, however, DK Dollars will return both the stake & winnings from any bets placed with them.
Casino Credits
If you're a fan of casino gaming, you can exchange your Crowns for casino credits at DraftKings Casino and Golden Nugget Online Casino at the same rate of 550 Crowns for $1 in credits. These credits can be used to enjoy a wide array of casino games such as slots, blackjack, roulette, and poker.
Fantasy Sports Contest Entries
If you're a fan of DraftKings Daily Fantasy Sports, Crowns offer a unique advantage, as you can use the "Enter with Crowns" option to join fantasy contests without paying the entry fee in cash. You can use crowns to participate in contests for football, basketball, baseball, and just about any other sport offered by DraftKings.
Items and experiences
Beyond gaming, Crowns unlock access to a world of exclusive items and experiences through the Dynasty Rewards Store.
You can redeem your Crowns for thousands of products ranging from DraftKings-branded merchandise, electronics, and apparel to sports memorabilia autographed by your favorite athletes. Additionally, the store offers unique experiences like VIP tickets to major sporting events, backstage passes, and even meet-and-greets with professional athletes.
Crowns can also be used in the DraftKings Shop to purchase high-quality items such as golf equipment, tech gadgets, and more. The exchange rate for crowns to dollars varies a bit within both stores, but is usually within a range of 550 to 600 crowns to a dollar.
How to Convert DraftKings Crowns to DK dollars
Converting your Crowns to DK Dollars is quite easy, and should only take you about a minute of your time.
- Log into the DraftKings Sportsbook, or visit their website.
- On the Rewards menu, click on Dynasty at the top of your screen.
- Under Spend Crowns click Redeem Crowns.
- In the Redeem Your Crowns pop-up, click Get DK Dollars.
- Input the amount of DK Dollars you want to exchange your Crowns for and click on 'Next'.
- Confirm the transaction by clicking Redeem.
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DraftKings Crowns FAQ
No, DK Crowns do not expire. They remain in your account and can be accumulated over time to use for various rewards. Unlike Tier Credits, which reset annually, Crowns can be stockpiled and used whenever you choose.
Yes, when converting Crowns into DK Dollars, the minimum requirement is 550 Crowns, which equals $1 DK Dollar.
Your Crown Balance on DraftKings is the total number of Crowns - the main currency of the DraftKings Dynasty Rewards Program - that you have accumulated on the DraftKings platform.
It reflects all the Crowns you've earned when interacting with their Sportsbook, DFS, Casino, and other DraftKings verticals. DK Crowns can be used for redeeming rewards or converting into DK Dollars - a cash bonus which can be used for betting, contests, and more.
Yes, you can track your DK Crowns balance and history through the "My Account" page or within the Dynasty Rewards Hub. Here, you can see your current balance and any transactions or redemptions made with your Crowns.
No, DraftKings Crowns cannot be transferred to another user. They are non-transferable and are intended for use only by the account holder who earned them.
There are no fees for earning or using DraftKings Crowns. It’s a complimentary reward for your betting activity on DraftKings Sportsbook.
You can use your DraftKings Crowns across the entire DraftKings platform, including the Sportsbook, DFS (Daily Fantasy Sports), Casino, Pick6, and DK Horse. Crowns can be converted into DK Dollars to place bets in the Sportsbook, used to enter DFS contests, or redeemed for casino credits in eligible states.
Additionally, you can spend Crowns in the Dynasty Rewards Marketplace for various items and experiences, as well as the DK Shop for branded merch.
While you can use Crowns across various DraftKings products, there are some restrictions.
For example, in the Casino, certain games like Electric Poker are excluded from using Crowns for casino credits. Additionally, Crowns cannot be used for casino in jurisdictions where DraftKings Casino games are not offered.
No, DK Crowns can only be cashed in for DK Dollars on their online sportsbook & app.
They cannot be cashed in or used at physical DraftKings Sportsbook retail locations. Redemption and usage of Crowns are limited to the DraftKings online ecosystem.
Edward Avery is a seasoned journalist whose passion lies at the intersection of sports and betting. After earning a degree in journalism from the University of Colorado, Avery began his career as a sports reporter for a local newspaper. With the legalization of sports betting in his home state, Edward started reporting on his passion.
Edward's deep understanding of sports betting has been a great asset to the MyBettingSites US team. From dissecting the latest odds shifts to explaining the intricacies of bonus terms and conditions, Edward's reporting has resonated with both industry insiders and casual bettors alike.
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