If you’re seeking information on DraftKings deposit methods and withdrawal choices, you’re in the right place. Navigating online gambling can seem overwhelming, so it’s crucial to explore payment options before placing your bets.
DraftKings has surged in popularity as one of the leading sportsbooks in the US. This comprehensive guide delves into the top DraftKings deposit methods, details the process of depositing funds and examines the steps for withdrawing money from your account.
Best DraftKings Deposit Methods
Bettors can choose from a wide variety of DraftKings deposit methods, ranging from credit and debit cards to PayPal and Venmo. Here is a list of the best DraftKings deposit methods:
- Apple Pay
- Bank wire transfer
- Credit card
- Debit card
- DraftKings gift card
- Electronic gift card
- Online banking
- PayPal
- Play+ prepaid card
- Venmo
- VIP Preferred
You should be aware that DraftKings deposit methods vary by jurisdiction, meaning not every payment option will be available in all regions. That said, the list above covers all the popular options for US customers.
It is also worth keeping in mind that processing times vary by deposit method. For example, bank wire transfers can take up to two days, while Apple Pay, credit cards, debit cards and online banking can take up to three days.
How to Deposit at DraftKings
With a host of different DraftKings deposit methods to choose from, the sportsbook caters to a vast range of needs. Thankfully, the process of depositing funds into your account is quick and easy. Just follow these steps:
- Log into your DraftKings account
- Click on the “Deposit” button
- Choose your payment method
- Enter your payment details
- Select the amount you want to deposit
- Complete the transaction
DraftKings encourages its customers to play responsibly. Accordingly, you can set daily, weekly or monthly deposit limits to keep track of how much you spend.
Deposits must be made with a legitimate payment method that is registered in your name, and payment processors have the discretion to approve or deny deposits at DraftKings.
DraftKings Withdrawal Options
Not only are there lots of DraftKings deposit methods, but there are also plenty of withdrawal options. While you can’t deposit and withdraw with all the same options, you should be able to find the right withdrawal method for you. Here are the options:
- Apple Pay
- Bank wire
- Cage
- Check
- Debit card
- Online banking
- PayPal
- Play+ prepaid card
- Trustly verified withdrawals
- Venmo
- VIP Preferred (e-check)
Withdrawal options like Apple Pay and debit cards can take up to one business day to go through, while PayPal and Venmo can take up to two days. As for online banking, you may have to wait up to five days for the transaction to be finalized.
Checks under $100 can take up to 14 business days, while checks between $100.01 and $1,999 can take up to five business days. If you want to withdraw a check that exceeds $2,000, you shouldn’t have to wait any longer than three days.