DraftKings is piloting a new subscription service called DraftKings Sportsbook+ in New York, offering members up to a 100% profit boost on winning parlays. The $20 per month service aims to enhance the fan experience and potentially help offset the state's high gaming taxes (51%). While currently limited to New York, the company plans to evaluate expansion to other states.
DraftKings is testing out a subscription service for select customers in New York, as it tries to offset the state's high gaming taxes.Philadelphia news 24/7: Watch NBC10 free wherever you are The sportsbook is testing out a new subscription service called DraftKings Sportsbook+ designed to provide paying customers a boost in odds.
The $20 per month subscription service launched quietly on Dec. 28 for select customers in New York and will offer participants up to a 100% profit boost on winning parlays. For example, a two-leg parlay would receive a 10% boost, a six-leg parlay would receive a 50% boost, and an 11-leg parlay would get the full 100% boost. The maximum bet eligible is $25.The company could also be looking to help offset taxes in the Empire State. Sports wagering taxes in New York stand at 51%, tied with New Hampshire for the highest rate.Jeff Bezos says everything on Earth is better than it was 50 years ago—except for 1 thing Others in the industry will be watching closely. DraftKings appears to be the first U.S. operator to launch a subscription service., where bettors are wagering on more than one event at a time, are a profitable and growing area for sportsbooks. In a statement, DraftKings said the subscription service was designed to offer customers an enhanced fan experience by"creating more excitement and value to our extensive parlay offering."DraftKings is offering the first month free, and then the subscription will kick in. While the subscription is currently only available in New York, DraftKings said it will consider whether to offer the service in other states.How to invest $50,000 in 2025 for the biggest returns with only modest riskSugar Bowl postponed one day following deadly New Orleans attack
Draftkings Subscription Service Sports Betting Odds Boost Taxes
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