Home Latest News DraftKings Now Allows Betting on Drone Races

DraftKings Now Allows Betting on Drone Races

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While we aren’t quite getting the world of tech we expected of 2021 from Doraemon, we are getting a safer and more addictive source of betting.

The Drone Racing League announced an exclusive deal with sports betting company DraftKings this week to allow betting on drone races for residents of Colorado, New Hampshire, New Jersey, Tennessee, and West Virginia, where mobile betting is legal.

Regulatory approval is pending at some additional places, where they are trying to bring these. Each drone-pilot would compete for prizes using identical drones designed and built by the DRL, equipped with cameras that stream a live video feed to the VR goggles of the pilot. Each drone can reach up to speeds of 90 mph or 144 kph and roughly costs about $2000.

 “The sky is now the limit for DRL fans to get skin in the game, and we’re thrilled to partner with DraftKings to transform our high-speed race competition into the ultimate sport to bet on,”

said DRL President Rachel Jacobson in a statement.

“The opportunity for us to elevate our engagement through all forms of gaming and gambling will only increase as mobile betting becomes more adopted across the country.”

Other terms of the deal are yet to be disclosed, the pay given to DRL competition is also unknown. But as per the reports of CNBC, drone racers competed for a $100,000 prize in a 2017 tournament, so the stake is expected to be bigger this time.

DraftKings and DRL have been negotiating a partnership since October, according to Forbes. DraftKings released the first free-to-play pool in November, drew more than 150,000 entrants. And this was only to taste waters.

Residents of the aforementioned states can bet on drone races in real-time on their phones. DRL and DraftKings also claimed to host pre-flight shows ahead of live events with further details on how to participate. The first races, where the users could bet, started off as part of the 2020 DRL Allianz World Championship Season, this weekend.

This surely opened a new horizon for betting sports as well as mobile betting.

Follow Us on Google News for more updates.

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