DraftKings has expanded its online sports betting offering with the launch of DK Replay, which introduces historical betting markets for Major League Baseball (MLB).
DK Replay is currently available to DraftKings Sportsbook players in Oregon after receiving approval to launch from the Oregon Lottery.
No longer bound by the current MLB season, eligible customers can bet pitch-by-pitch on hundreds of thousands of historical plate appearances.
“DK Replay offers a new experience for our customers, allowing them to tap into the excitement of pitch-by-pitch betting in a unique historical environment,” said Corey Gottlieb, chief product officer at DraftKings. “With DK Replay, we’re able to offer an experience that will allow customers to enjoy their favorite sports no matter the time of year.”
With DK Replay, customers can wager on anonymized MLB plate appearances from the last several seasons. These players will be rated either bronze, silver, or gold based on key stats from the original game, such as batting average, slugging percentage, ERA, and strikeouts per nine innings, so that customers can analyze the matchup.
Customers are able to place a wager within the pitch clock on whether the next pitch will be a ball, strike, or in-play.
Once the bet is placed, the actual outcome of the pitch will be revealed, and the bet will be graded. Following the conclusion of the full plate appearance, or if the customer doesn’t bet on subsequent pitches due to the pitch clock getting to zero, the full original details of the matchup will be revealed, including the pitcher, batter and original game information. Customers will then have the option to bet on a new matchup.
DraftKings is exploring additional state rollouts of DK Replay, subject to regulatory approvals.
Shares in DraftKings Inc (NASDAQ:DKNG) closed 0.70 per cent lower at $21.27 per share in New York Thursday.