In this article, though, we won’t be talking about the welcome bonuses but the available payment methods that the bookmaker offers and the specifics of those methods. Let’s get into it!
Options for Depositing and Withdrawing
FanDuel provides its customers with plenty of deposit and withdrawal options in any state it operates. Here, you can read more about the options available in general, but remember that you don’t have to be in a specific state to deposit or withdraw funds.
These transactions are legal in any US state, even if sports betting isn’t legal there. For example, you can make deposits or withdrawals via most methods available from anywhere worldwide, including abroad.
The only requirement is that you have a verified FanDuel sportsbook account. Before you sign up, check out our updated list of FanDuel legal states to make sure it’s legal for you to register where you live.
If you registered, you should know that before making any transactions, especially withdrawals*, you need to provide the necessary documents that prove you are who you say you are and of legal age, which is 21 in most states. These documents usually include a passport or driver’s license, utility bill, and card statement, but they can also be other types of documents depending on your chosen payment method.
If you have any questions about the FanDuel verification process, which is mandatory before withdrawing from your account balance, you can check out the bookmaker’s Help Center or contact them directly.
FanDuel Sportsbook Deposit Methods
You can make deposits via various payment methods, including:
- Credit cards
- Debit cards
- PayPal
- PayNearMe
- FanDuel pre-paid card
- Online bank transfers
- Wire transfers
- Cash @ casinos or racing tracks
You should keep in mind that not all deposits are free of charge, which means that if you choose some methods, you will need to pay a fee. For example, wire transfers at TVG may have a $15 fee on all deposits less than $1,000.
Cash deposits on any physical location, PayNearMe, and e-checks are always free of charge, but bank cards and PayPal deposits might have a $5 fee. Additionally, some banking institutions charge fees for depositing to a sportsbook, so if any occur, check your banking institution first.
All deposits should take only a few minutes to complete, and the minimum amount you have to deposit is $10 for all methods.
FanDuel Sportsbook: How to Deposit
You can initiate the transfer via any of the available FanDuel Sportsbook deposit methods online by following these steps:
- Log in to your FanDuel account.
- Click on the “Deposit” button.
- Choose a payment option from the list available.
- Enter the details of the payment method you chose.
- Enter how much you want to deposit.
- Finish the transaction.
Deposits usually don’t require verification, but you should do that before claiming any bonuses or depositing so you don’t have to do it later and increase your waiting period.
Available FanDuel Sportsbook Withdrawal Options
Not all states have the same withdrawal options, so the list we will give you is generalized. To check out the available withdrawal options in your state, you should initiate the withdrawal process from your device. Here are all of the FanDuel Sportsbook withdrawal options available for now:
- PayPal
- Wire transfer
- Online banking
- FanDuel pre-paid card
- Check
- Venmo
If you want to be able to withdraw via any of the methods we mentioned above (except for checks), you have to have made a deposit using those methods first. You can request a check withdrawal even if you haven’t deposited that way before.
FanDuel Sportsbook Withdrawal Limit & Processing Times
Each method has a different processing time. For example, Venmo, pre-paid card withdrawals, and PayPal withdrawals can take up to 48 hours on average. Once the request is verified and approved, receiving your funds via those methods wouldn’t take more than an hour.
If you use online banking to withdraw, it can take anywhere from three to five business days to process. After that, the time it would take to receive your funds depends on your banking institution’s processing speed.
The slowest method available is via a physical check. After it is processed, it can take up to two weeks to be sent and delivered to your address on file.
When it comes to withdrawal limits, the minimum in most states is $25, but for some methods, it is only $10. The maximum amount depends on the specific payment method you are using. We recommend using the wire transfer option for transfers over $10,000.
FanDuel Sportsbook: How to Withdraw?
The withdrawal process always begins online with you making the request. This is how to do it:
- Log in to your account
- Click on the “Withdraw” button
- Choose a payment option
- Enter how much you want to cash out
- Finish placing the withdrawal request
If you encounter any FanDuel Sportsbook withdrawal issues, we recommend you contact their customer support staff via e-mail or their live chat option anytime from 7 AM to 8:30 PM PT or 10 AM to 11:30 PM ET.