What are my Deposit options?
Note: The availability of payment methods may vary by state and vertical. Not all payment methods are available in all jurisdictions or states.
- Debit Card: Customers can use American Express, Discover, Visa, and Mastercard debit cards to deposit to DraftKings verticals.
- To deposit via Debit Card, select Debit on the deposit screen and enter your card details.
- Apple Pay: Apple Pay is a mobile payment and digital wallet service provided by Apple. It allows Customers to make payments using their Apple devices, such as iPhone, iPad, or Apple Watch.
- To deposit via Apple Pay, select Apple Pay on the deposit screen and enter your details.
- Online Banking: The online banking payment service allows you to deposit funds into your accounts or withdraw funds from your accounts securely through online banking.
- PayPal: PayPal is an online payment system that allows you to send and receive money.
- To deposit via PayPal, select PayPal on the deposit screen and enter your login details to connect your PayPal account to DraftKings.
- Venmo: Venmo is a popular payment service in the United States. It allows people to send and receive money from friends or contacts through a mobile app.
- To deposit via Venmo, select Venmo on the deposit screen, then enter the amount they want to deposit.
- Bank Wire Transfers: Bank Wire refers to a traditional method of transferring funds electronically from one bank account to another.
- To deposit via Bank Wire, you would need to select Wire Transfer on the deposit screen and note the DraftKings banking details you’ll need for your transfer.
- Note: Wire transfers have a minimum deposit of one hundred dollars($100).
- Cash at Cage: Cash at Cage refers to a payment option where Customers can make cash payments in person at participating cage locations.
- To deposit at a participating cage location, ensure you bring a valid government-issued photo ID.
- Cash at Retail Stores: Cash at Retail is a payment option where Customers can pay in cash for purchases at retail stores or designated locations.
- To deposit at a retail location, select Cash on the deposit screen.
- DraftKings Gift Cards or Game On Gift Cards: DraftKings Gift Cards and Game On Gift Cards are pre-purchased gift cards.
- Select the Gift Card option on the deposit screen and enter the gift card details.
What are DraftKings' deposit policies?
- No Business Accounts: DraftKings doesn’t permit the use of any business accounts for deposit into your DraftKings account or wallet.
- Setting Limits: DraftKings encourages you to play responsibly and allows you to set daily, weekly, or monthly limits on the amount you deposit into your account.
- Deposit Account Ownership: Deposits must be made using a payment method linked to a personal account registered in your name.
- Payment Method Availability: Deposits made with certain payment methods may not be available for use on other verticals. The deposit methods available to you will depend on your location and the vertical you're depositing on. You'll only be presented with deposit methods available for that vertical and location at the time of deposit.
- DraftKings Discretion: Payment processors have the discretion to approve or deny deposits on DraftKings.
- Linked Cards: Customers with personal bank accounts or cards linked to CMA and Brokerage accounts are accepted as valid payment methods on DraftKings
Frequently Asked Questions
How do I link a payment method for future deposits?
You can link a deposit method by making a deposit. Once a method is linked, you can use this method to deposit or withdraw going forward.
How do I deposit?
On the DraftKings app
- Log in to your DraftKings account.
- Tap Deposit+ or your balance at the top of the screen.
- Select the amount you'd like to deposit and add your payment details.
- Complete the remaining steps for your chosen deposit method.
On a desktop or a laptop
- Log in to DraftKings.
- Click Deposit+ or your balance in the top right corner.
- Select the amount and add payment details.
- Complete the remaining steps for your deposit method.
Why can’t I use my deposited funds on another offering?
Not all funds are eligible for use across every offering, and not all payment methods are available in all jurisdictions or states.
Why don’t I have the Consolidated Balance experience where I’m located?
Not all states or jurisdictions support the consolidated balance experience across all verticals. Additionally, not all payment methods are eligible for use across all verticals.