How to Make Deposits at Fantasy Sports Websites

banking optionsRegistering an account at a fantasy sports website is absolutely free of charge. In fact, players do not have to part with a single cent to play at any fantasy sports website, and this includes FanDuel.com and DraftKings.com.

However, they will not win any of the enormous prize pools available at fantasy sports websites if they stick only to the free games.

If players want to win real money playing fantasy sports games, they will have to load their accounts with real money and buy into the contests.

On this page, we have made a list of the various ways players can fund their accounts at fantasy sports websites. The procedure is similar to loading accounts at online gambling sites.

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Players have to visit the cashier of their fantasy sports website and select a banking method, taking care to ensure that they will not be charged any additional fee.

These are some of the banking methods accepted at fantasy sports websites recommended by us.

PayPal

Fantasy players are fond of loading accounts and withdrawing winnings using PayPal, an electronic wallet that allows players to store funds and make payments for goods and services purchased online. It is an electronic wallet that can used to shop online.

Setting up a PayPal account is free, easy, and secure. Players can use PayPal to load fantasy sports accounts absolutely free of charge. However, PayPal users have to pay fees for receiving payouts and transferring them to their bank account, which makes it a slightly expensive method to withdraw winnings.

All fantasy sports websites including FanDuel and DraftKings accept deposits through PayPal. However, FantasyScore.com does not support PayPal.

Credit/Debit Cards

All the fantasy sports websites we recommend accept deposits through a variety of debit/credit cards including MasterCard, Visa, American Express, and Discover. Loading one’s fantasy sports account through credit or debit cards is fee free. The only downside is that fantasy sports websites cannot credit winnings back to players’ credit cards. While some fantasy websites can credit winnings equal to the amount deposited through that card, most sites simply do not support credit cards as withdrawal methods. In this case, players will have to receive their winnings through PayPal or checks sent via mail.

Dwolla

Dwolla bears a striking similarity to PayPal, but with lower transaction fees. The site charges all transactions worth above $10 a flat fee of $0.25, while transactions worth less than $10 are fee free. This makes Dwolla cheaper than PayPal although just as secure as PayPal.

Unfortunately, only DraftKings.com and StarFantasyLeagues.com accept deposits through Dwolla.

Skrill

Skrill is an electronic wallet similar to PayPal, but is not available to US players. Since Skrill does not accept US customers, only StarFantasyLeagues.com supports it at present. It is not available at the other major fantasy sports websites we recommend. Skrill is an easy, instant, and secure way to fund accounts at fantasy sports websites.

Banking at Fantasy Sports Websites

Once players have registered an account at a fantasy sports website, banking becomes incredibly easy. If they choose to make deposits through credit/debit cards, thing get easier. Players just have to store their credit/debit card details at the fantasy sports website to enable quick transactions in future.

Since fantasy sports is legal in most US states with the exception of a few, depositing funds and withdrawing winnings through credit cards is hassle free. For this reason, most of the major fantasy sports websites we recommend accept PayPal and major credit/debit cards as banking methods.

Banking FAQs


Answer:

You can play for free as long as you like at a fantasy sports website. You can rest assured that no fantasy sports website will force you to make a deposit in order to continue using its services. However, it will encourage you to load your account and take part in paid contests.

This is because paid contests have real money prize pools and experienced players can easily grab a share of those prize pools. You cannot win real money prizes if you continue to play for free.


Answer:

You do not have to make a deposit to take part in freerolls. However, your winnings may be considered bonus money that you need to play through a certain number of times before you can withdraw it. You may have to load your account so that you can meet the wagering requirements.


Answer:

Usually, making deposits through credit cards is absolutely free of charge, but it depends on the company that issued the credit card. Some credit card companies may consider funds loaded into fantasy sports accounts as advances and charge fees or interest on them. Another downside is that credit cards cannot always be used as withdrawal methods.


Answer:

All the fantasy sports websites we recommend have excellent customer care. If you have any banking issue, you just have to discuss it with a customer care representative.


Answer:

All the fantasy sports websites recommended at FantasySports.net are serious about processing payouts fast. They are well aware of the fact that players do not like to wait long to receive their winnings. DraftKings and FanDuel process payouts within one business day and players will receive their money on the following day.

You can rest assured that your money is safe at the sites we promote at FantasySports.net.

The sites we recommend are all members of the Fantasy Sports Trade Association (FSTA), an organization that represents the industry. In addition, they implement the latest firewall and encryption technology to secure cash transactions.