DraftKings Micro Betting: what it is and how it works

DraftKings has entered into a multi-year agreement with Simplebet to provide micro betting markets on the NFL, NBA, MLB, and for the first time, college football. 

Alongside an already excellent DraftKings Sportsbook, micro betting adds a new facet for bettors to enjoy, and is one of the few real-money micro betting sportsbooks in the country. 

Micro betting is still a fairly new way to wager on sports, but it opens up a ton of possibilities for betting that focuses on small, individual events during the game. Unlike traditional wagers that let you bet on certain outcomes like score, player props, etc. - micro betting highlights individual actions like:

• Play Outcome
• Drive Outcome
• Pitch Result
• Next Basket Scorer

There are numerous other markets for Football Micro Betting, NBA Micro Betting, and MLB Micro Betting - but the premise is to engage bettors in a fast-paced and small-scale wagering system while the game is going on. 

Odds for micro betting fluctuate very quickly as they are derived from previous plays and outcomes, as well as generally resetting for each subsequent event. For example, if you wager on an NFL game, and bet that the next play is a run - the following play will likely have slightly different odds depending on the outcome. 

Following the partnership with DrafktKings Sportsbook, the CEO of Simplebet remarked that “these types of offerings represent the next evolution of sports betting and deliver enhanced opportunities for operators and fans alike." 

With the rapid acceleration of sports betting across the US, it's not surprising that the largest betting site in the country would be looking for new ways to get ahead, and the success of showcasing micro betting as a free game through FanDuel back in 2020 made it clear this was something bettors are keen to try out. 

While it seems like a niche way to wager on sports, micro betting is an incredibly popular way to bet. Simplebet has proven its capacity to take in over $1 million during a single game, and as they expand into new sports this will only go up.

A major factor to why micro betting has exploded in the US the simply due to the fact that American sports are suited perfectly to in-play wagers that focus on individual events. Take the NFL for example, between each play there is a lull that creates a space for micro bettors to take advantage of. How many third-and-longs have you seen and known the QB was almost certainly going to pass? This is what micro betting was built for. 

By partnering with Simplebet, DraftKings has really opened up its micro betting offerings over the past year, bringing in new sports and additional markets for players to enjoy. They are even bringing out micro betting for College Football, which will be the first collegiate micro betting market in the country. 

Football is the most popular sport for micro betting, and the Draftkings Simplebet partnership has opened up more markets for the sport - with an emphasis on college football action.

• Play Outcomes (yards, throw or pass, etc.)
• Drive Outcomes (touchdown, field goal, turnover, etc.)
• Team-Level Drive Outcomes (total yardage for the drive, etc.)
• Player-Level Drive Outcomes (how many receptions will a player get, etc.)
• Player Next Attempt Markets (how many yards will a player rush for on the next play, etc.)
• Next Stat Markets (who will get the next reception, etc.)
• Player Props (total stats for specific players)

Basketball has grown for micro betting, and while it may not be as suited as football, there are still numerous markets in each games that you'll need to be quick with a wager to take advantage of.

• Player Next Basket (what kind of basket will a particular player score next: 3-pointer, free throw, 2-pointer)
• Next Scorer
• Trip to the Line (how many free throws will be hit by a player: 0, 1, 2)
• Player Props (points, assists, rebounds, etc.)

Baseball is perfectly suited to micro betting, split into events from pitches and at-bats. Depending on the market you choose the prices can be adjusted after each pitch to effectively give an entirely new wager.

• Plate Appearance Result - Exact (whether the plate appearance will result in a Single, Double, Triple, Home Run, Strikeout, Walk, or Other)*
• Plate Appearance Result - Grouped (whether the plate appearance will result in a Hit, an Out, or Other)*
• Plate Appearance Pitch Count*
• Pitch Result

*the market is repriced after each pitch, meaning you can bet on the current appearance as it changes instead of waiting for a new at bat

The excitement around live betting and the newer micro betting is obvious given how many new markets keep popping up for a ton of different sports. DraftKings and Simplebet have partnered to take advantage of this and deliver a quality sportsbook for micro betting.

• What is micro betting
• How to micro bet on DraftKings
• Micro betting markets

Draftkings micro betting is currently one of the best in the USA, and has the most available sports through their partnership with Simplebet. We expect the number of sports on this list to grow as this style of betting become more popular and accessible on the betting site apps.