The Ultimate Guide To DraftKings Crowns and Dynasty Rewards
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.
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 https://www.dowjonesanalysis.com/ 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.
Dynasty Store
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.
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.
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.
Dynasty Rewards Crown accrual boost
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.
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.
- However, casino bonus funds are subject to stringent expiration dates.
- All that said, accumulating 500,000 Crowns in a year is a mammoth task.
- The Onyx tier is the apex of Dynasty Rewards, and the rewards reflect your accomplishment.
- DraftKings isn’t as generous toward these players, because they’re already playing near break-even games.
- It all has to do with the house edge of the games you enjoy.
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.
How to earn DraftKings Crowns?
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.
DraftKings Dynasty Rewards explained
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 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.
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.
It’s important to note that not all DraftKings’ gaming verticals are available in every state.
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.
Welcome to Dynasty Rewards
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 https://www.forex-world.net/ 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.