DraftKings Payment Methods: How to Deposit & Withdraw

Popular fantasy sports betting operator, DraftKings, is now live in Ontario for legal sports betting and casino gaming. The site offers a number of safe and convenient payment options for funding your gambling account including VISA, MasterCard, Play+ Prepaid Card, Interac Online Banking and Bank Transfers. For more details about the available payment options, including a step-by-step deposit guide, check out the DraftKings Payment Methods Review below. You can also read our complete review about the DraftKings referral code review to learn more about this sportsbook.

💳 DraftKings Ontario Payment Guide

To make a deposit at DraftKings Ontario at the sportsbook or casino, players must first sign up for a betting account. This can be done by either visiting the DraftKings Ontario site or by downloading the DraftKings Ontario Mobile App

🙋 How to Make a Deposit at DraftKings Ontario

After you have signed up for a betting account you can make a deposit by following the steps below.

  1. Visit the DraftKings Ontario site and login to your betting account.
  2. Visit the ‘CASHIER’ section and pick a payment option of your choice.
  3. Enter the payment details and type in the deposit amount.
  4. Click on the ‘DEPOSIT’ button.
  5. Your deposit should be credited into your account instantly.

🙋 How to Make a Withdrawal at DraftKings Ontario

To make a withdrawal at DraftKings Ontario you will first have to make a deposit from the same payment option.

  1. Visit the DraftKings Ontario site and login to your betting account.
  2. Visit the ‘CASHIER’ section and click on the ‘WITHDRAWL’ tab.
  3. Pick the payment option you would like to withdraw with and type in the withdrawal amount.
  4. Click on the ‘WITHDRAW’ button.
  5. Your withdrawal will be sent in for processing and should realize in your account within 5 business days.

DraftKings Ontario Payment Methods

There are currently 5 payment options which can be used to make a deposit at the sportsbook and casino. All four deposit options are free of charge and have an instant processing time. The minimum deposit amount is C$10.

DraftKings Deposit MethodsMin DepositTransfer FeeProcessing Time
Play+ Prepaid CardC$10FreeInstant
Interac Online BankingC$10FreeInstant
Bank TransfersC$10FreeInstant

WIthdrawals are limited to Play+ Prepaid Cards and Interac Online Banking. Players will not be able to withdraw money from their account via VISA or Mastercard debit/credit cards. Like deposits, withdrawals are free of charge on the side of the sportsbook and casino. Processing time may vary between 1-5 business days.

DraftKings Withdrawal MethodsMin WithdrawalTransfer FeeProcessing Time
Play+ Prepaid CardC$10Free1-5 Business Days
Interac Online BankingC$10Free1-5 Business Days

DraftKings Ontario Credit/Debit Cards- How it Works

Players can make secure online payments instantly using Visa and Mastercard issued Credit Cards and Debit Cards. DraftKings also accepts prepaid cards issued by Visa and Mastercard such as a Play+ Prepaid Card. The card holder’s name must match the name registered on your DraftKings bet account.

All deposits made with credit or debit cards are free or charge on the side of the casino and sportsbook and have a minimum deposit amount of C$10. Withdrawals will not be available via VISA or MasterCard credit or debit cards.

DraftKings Ontario Interac Online Banking- How it Works

INTERAC is a fast and secure payment method that allows you to transfer funds from over 250 banks in Canada. Interac will use your online banking portal to login to your bank account from where you can make e-transfers. Interac is free to use on the side of the operator with a minimum deposit amount of C$10. 

DraftKings Customer Support- Rating- 3/5

DraftKings Ontario offers customers the chance to contact customer support via email. There is currently no live chat option available but you will be able to talk to a support bot for answers to quick questions. Email support is 24/7 in multiple languages which include English and French. Typical response times are between 5-6 hours.

DraftKings Payment Methods FAQ

See the FAQ section below for quick answers to commonly asked questions regarding DraftKings payment methods.

Are there any fees for a deposit or withdrawal at DraftKings Ontario?

No, there are no fees charged on the side of the sportsbook or casino for a deposit or withdrawal.

How does the proof of identity process work?

Players will need to provide a photo of valid government ID and a selfie before they can make a deposit or withdrawal on the site. (T&Cs Apply)

What is the minimum deposit amount?

The minimum deposit amount for all payment options is C$10.

What is the processing time for a deposit and withdrawal?

Processing time for all deposit methods is instant. Withdrawal processing time can vary between 1-5 business days based on the method used.

How can I cancel a withdrawal?

To cancel a withdrawal you will need to login to your account and visit the ‘Pending Withdrawals’ section at the Cashier. You may then pick the withdrawal and click the ‘Cancel’ button.

What currencies are available on the site?

Users will be limited to making deposits in CAD on the site.

Which payment methods are available at DraftKings Ontario?

Players will have the following payment methods on offer to deposit cash into their betting account at DraftKings Ontario: VISA, MasterCard, Play+ Prepaid Card, Interac Online Banking & Bank Transfers. Paypal is currently not available at the site.

Is DraftKings Ontario legit?

DraftKings is one of the best and most trusted online sportsbooks and casinos available in Ontario. The site is licensed and regulated by the Alcohol and Gaming Commission of Ontario for legal and fair sports bets and casino game play.

Eligible iGames conducted and managed by iGO are only available to those physically present in the Province of Ontario. Commercial content