Fanduel Sportsbook Withdrawal Methods

4/13/2022by admin
Fanduel Sportsbook Withdrawal Methods Average ratng: 8,8/10 5915 reviews

A player walks away from a weekend of NJ sports betting a winner. Now, what?

It can be a bit more difficult to withdraw money from an online sportsbook then it is to deposit it. Sports bettors should plan if they hope to get their hands on their money sooner rather than later.

If you withdraw via PayPal it takes 48 hours to process. If you withdraw via online banking it takes 2-4 business days to process. If you withdraw via check, it should arrive within 7 to 10 business days. Jun 30, 2020 Withdrawal Methods. All methods listed for depositing also work for withdrawals. See, transactions don’t need to be the headache that some other books decide to cause. Cons of FanDuel Sportsbook Odds. It seems like FanDuel Sportsbook’s odds often differ from their competitors.

Just like the different sportsbooks have different deposit methods, they also have different withdrawal rulesand timelines.

As a follow-up to our analysis of deposit options at NJ gambling sites, we recently went through the withdrawal policies for New Jersey online sports betting accounts.

Methods

Withdrawal options at NJ sportsbooks

SportsbookPayPalNetellerCredit / DebitPrepaid CardE-check / ACHCage Pickup
DraftKingsYesNoYesYesNoResorts AC
BetStarsYesYesYesYesYesResorts AC
FanDuelYesNoNoYesYesNo
888YesYesNoNoYes (ACH only)Caesars AC
SugarHouseYesYesNoYesYesGolden Nugget AC
CaesarsYesYesYesYesYesCaesars AC
William HillNoNoNoYesYesMonmouth or Ocean Resort
PlayMGMNoYesYesNoYesBorgata AC

DraftKings Sportsbook

DraftKings Sportsbook has some of the most limited withdrawal choices. Players can withdraw via the same methods they deposit.

DraftKings calculates a player’s available balance by the amount of funds deposited plus the net amount a player won. Then it adds the funds on the player’s daily fantasy sports account to arrive at the total available funds for sports betting or withdrawal.

BetStars

BetStars credits withdrawals back to the original deposit method, starting with the oldest deposit method first.

The company applies withdrawals up to the amount deposited and then credits the next oldest deposit method in the following order:

  • Instant e-checks
  • Neteller
  • PayPal

A player can choose the withdrawal method for any withdrawal amount left over after matching all original deposit methods.

Each method, however, has different timelines:

  • Electronic wallets: Funds will appear immediately after processing up to the amount deposited and three to 10 business days for withdrawals more than the deposit amount.
  • Instant e-checks: Allow three to 10 business days for the funds to appear on the statement.
  • PokerStarsPlay+ card: Allow up to 72 hours for funds to appear.
  • Resorts Casino cage withdrawals take approximately two hours.

FanDuel Sportsbook

FanDuel Sportsbook has some specific requirements for its withdrawals.

For instance, the sportsbook will only approve ACH and e-check withdrawals to brick-and-mortar banks. However, players can have up to three bank accounts saved in their wallet. Allow four to six business days for funds to appear.

Players may only withdraw to PayPal or a Betfair prepaid card if they used the wallet to deposit funds. Expect funds to appear within 48 hours.

FanDuel is also willing to mail a physical check to the address on file. Allow five to seven days for processing plus mailing time.

Caesars and 888 Sport

Caesars Sportsbook and 888 Sport follow the same withdrawal procedures, and Caesars processes them.

Both companies require verification of a players withdrawal choice before the withdrawal can proceed. We provide some insight into the verification process but watch for specific instructions from 888 after initiating a withdrawal.

A player has 14 days to verify the withdrawal method. Failure to confirm the deposit method will result in the cancellation of the withdrawal. The company will return the funds of the canceled withdrawal to the player’s account.

888 Sport and Caesars automatically processes withdrawals back to verified deposit methods with one exception.

888 Sport does not process withdrawals back to credit and debit cards. Caesars will, but only after the use of all other verified deposit methods.

SugarHouse Sportsbook

SugarHouse makes available funds for withdrawal to a variety of methods. The sportsbook processes most withdrawals within 24 hours, but it can take up to 72 hours.

Once approved, delivery time to the various withdrawal methods varies:

  • SugarHouse prepaid card: Funds are available immediately.
  • Neteller: Funds are available within 24 hours.
  • ACH/e-check: Funds are available within three to five business days.
  • Casino Cage: Funds are available immediately.
  • Check by mail: A physical check will arrive within 10 to 14 business days.

William Hill

William Hill NJ has limited withdrawal options.

Players can withdraw funds to a William Hill prepaid card. Additionally, players can pick up funds at Monmouth Park Sportsbook and William Hill Sportsbook at Ocean Resort Casino.

William Hill processes withdrawal requests within 72 hours. According to its website, they ask customers with larger deposits and withdrawals to contact customer support.

playMGM

PlayMGM may request a security review of any withdrawal.

Players should allow up to five days for processing. Once approved, funds are available “as soon a reasonably possible depending on the withdrawal method you chose.”

Withdrawal verification requirements

Sportsbooks have the right to ask for verification documents before approving a withdrawal. Those documents vary based on the deposit method and withdrawal preference.

Credit and debit card withdrawals

The sportsbook may want to verify the credit or debit card belongs to the person requesting the withdrawal.

Verification includes providing a copy of the front and back of your credit card. Most books will ask to black out the three-digit code on the back and the middle eight numbers on the front of the card.

If verification is needed, the sportsbook will provide detailed instructions.

Bank transfers and ACH withdrawals

Verifying a bank account usually requires a copy of a bank statement with a name and account number.

Other documentation requests

A player may be required to provide proof of the address used when registering for the sportsbook account. It can come in the form of a utility bill, credit card statement, or a copy of a government-issued ID card.

Additionally, a sports bettor may be asked to prove they are who they say they are. A government-issued passport, driver’s license, or state ID card is sufficient to determine one’s identity.

A final reminder for all you NJ sports betting enthusiasts: Ensure the name, account numbers, and address are clear and readable. The faster the information gets verified, 001bthe faster the money will be on its way.

The FanDuel sportsbook app is frankly an excellent choice for any type of sports bettor. It has a streamlined interface, plenty of excellent promos, and competitive markets and bets. New York bettors can bet on sports at the FanDuel Sportsbook NY at Tioga Downs Casino Resort.

Though the wait for online sports betting in New York continues, many players in the state can make the relatively easy trek to New Jersey or Pennsylvania to place bets online. Whichever route you choose, it’s hard to go wrong with FanDuel while waiting for the launch of online betting in New York.

Visit: FanDuel Sportsbook App

How To Bet At FanDuel In New York

There are three viable routes that allow New Yorker bettors to place bets with FanDuel.

The first option is the retail sportsbook at Tioga Downs in Nichols, New York. For residents of New York City, this is quite a journey, however, clocking in at over three hours. Gamblers who live nearer to Nichols will have an easier time getting to the retail sportsbook at Tioga Downs.

There is an alternative for NYC bettors. FanDuel operates a retail sportsbook at the Meadowlands. But, once you are heading to New Jersey, there’s no reason to visit the sportsbook to place a bet online. You just need to be located within New Jersey’s borders.

The second two options for placing bets at FanDuel also require travel, though the time varies based on where you are in New York. Online sports betting is not yet legal in the Empire State. It could come in the near to mid future, but for now, New Yorkers are limited to retail sportsbooks or neighboring states such as New Jersey and Pennsylvania.

Those two nearby markets present the best opportunity for New York bettors to place a wager online. Bettors in New York can create a FanDuel account within the state, then drive across the border to New Jersey or Pennsylvania to place bets. All bets are honored even if you travel back to New York, so you only need to make the trip to actually place your wagers. FanDuel’s geolocation is top-notch, so you’ll be able to fire up your bets as soon as you cross into Pennsylvania or New Jersey.

FanDuel Sign-up Offer For January 2021

FanDuel offers up to $1,000 in a risk-free bet to new bettors who bet online in New Jersey or Pennsylvania. This offer is not available at the retail sportsbook at Tioga Downs. Use this link to claim the FanDuel bonus in NY and place a bet in NJ or PA.

FanDuel Sign-up OfferUse our link to claim the FanDuel bonus to bet in NJ & PA
Location Of FanDuel Retail Sportsbook In NYTioga Downs Casino Resort in Nichols
What States Allow FanDuelNJ, PA, IL, CO, IA, IN, MI, TN, WV
No Deposit BonusN/A
Risk-Free BetUp to $1,000
Deposit / Match BonusN/A
Promo Code Verified ForMarch 2021

How To Register For A FanDuel Account

You can sign up for FanDuel in New York even though online sports betting isn’t yet allowed in the state. To create your account, either visit the FanDuel website or download the FanDuel sportsbook app. From there, the sign-up process will be familiar to anyone who’s created an account for an online shopping or social media site. Here’s what you’ll need:

  • Name
  • Email address
  • Password (you will create one)
  • Date of Birth
  • Address
  • Phone number
  • Last 4 digits of your SSN

The SSN is required to verify your identity and ensure you only sign up for one account.

Once that’s done, you can deposit using a number of options. FanDuel allows deposits via credit/debit card, wire transfer, PayPal, and other methods. Choose the one that you prefer and make your deposit.

Now you’re ready to place a bet. You can drive over the border. When you reach New Jersey or Pennsylvania, FanDuel will allow you to place bets. After you place your bets, you can head back to New York and they will be honored if you’re lucky enough to win.

FanDuel Bonus And Promotional (5/5)

FanDuel’s sportsbook bonus is one of the industry’s best. FanDuel goes toe-to-toe with other major operators in terms of bonus and promotional offering, and it often emerges victorious.

First and foremost, FanDuel’s welcome bonus is a risk-free bet up to $1,000. This puts it on a level playing field with its rival DraftKings, which offers users up to $1,000 as a deposit match bonus. FanDuel’s is actually more reasonable, however, because it only requires a bet of up to $1,000. DraftKings’ match is only 20%, meaning a $5,000 deposit is required to take full advantage of the bonus. There are pros and cons to each type of promotion, but FanDuel’s is excellent compared to its competition.

Beyond the opening bonus, FanDuel sportsbook extends its offering to include ongoing promotions for existing players. You’ll find parlay insurance, odds boosts, occasional free bet promotions, and much more. FanDuel also features a $50 referral bonus if you get a friend to sign up.

All-in-all, FanDuel has a world-class slate of bonuses and promotions.

FanDuel Odds Versus The Competition (5/5)

In general, FanDuel has an impressive offering when it comes to odds. I often go to FanDuel first to find good odds for NFL and NBA match-ups, then compare to other sites. Here’s a quick view of odds for NFL matchups on FanDuel compared with DraftKings and BetMGM.

SportsbookBuffalo BillsNew England PatriotsDallas CowboysNew York Giants
FanDuel-360+290-158+134
DraftKings-360+290-148+123
BetMGM-350+270-145+125

As you’ll see, FanDuel’s odds are generally comparable to those at some of its biggest competing sportsbooks. Keep in mind that this is a very small selection of odds, but over time I’ve found that FanDuel generally offers better odds on the underdog than other sportsbooks. This is true of the Cowboys/Giants match-up, and FanDuel and DraftKings both offer better odds on New England than BetMGM does.

Overall, FanDuel offers great odds, especially if you like to bet the underdog. Either way, FanDuel is a great place to start your search for the best odds on any match-up.

FanDuel Market Depth And Variety (4.8/5)

There’s one reason for the ever-so-slight knock in this category, and it has nothing to do with FanDuel itself. Instead, the small markdown is thanks to state and local laws.

FanDuel offers a huge range of professional and college sports on its sportsbook. This includes various international sports like soccer, rugby, and cricket. Simply put, you’ll be hard-pressed to find a sport you can’t bet on at FanDuel.

However, there’s a catch. If you’re making the trek to place a bet in New Jersey or Pennsylvania, you have to place bets in accordance with the laws of whichever state you choose. In New Jersey, for example, it is prohibited to wager on any college match that includes a New Jersey school. It’s not a huge limitation, but it prevents New York bettors from wagering on Rutgers or other NJ schools. Pennsylvania doesn’t have this restriction, so if you’re a college bettor, you may prefer heading to the Keystone State to place your bets.

As sports betting continues weaving its way into the mainstream, FanDuel will undoubtedly begin to offer more sports and markets.

FanDuel Deposit And Cashout (4.7/5)

FanDuel has a wide variety of payment methods available to its users. Depositing is quick and simple at the FanDuel sportsbook. Here’s a rundown of available deposit options:

  • Online Banking
  • Debit/Credit Card (VISA and MasterCard)
  • PayPal
  • Wire Transfer
  • PayNearMe
  • Play+ Card
  • FanDuel Gift Card

This is a pretty standard slate of deposit methods. The only things missing are American Express, Discover, and ACH echeck which some competing sportsbooks accept. These missing options are the only reason for the score of 4.7 instead of a perfect 5.

Withdrawal options are slightly more limited than deposit options, but that’s normal for a sportsbook. Here are FanDuel’s withdrawal methods:

  • PayPal
  • Online Banking
  • Check by Mail
  • Cash at Casino Counter

That last option doesn’t really make sense for New York bettors, as you would need to head to FanDuel’s NJ or PA partner to withdraw via cash. Once online sports betting comes to New York, that option will likely be available at Tioga Downs as well.

FanDuel Sportsbook Mobile App (5/5)

I won’t mince words here. FanDuel is by far my favorite sports betting app. The race isn’t very close, either. FanDuel’s mobile app is streamlined, easy to navigate, fast, and intuitive. I’ve used the app for months and have never encountered a single issue or problem. Competing sportsbooks such as PointsBet, DraftKings, and BetMGM come close to being this good, but small nitpicks hold them back.

FanDuel’s app loads fast and makes it incredibly easy to sort through bets. You can find any sport in a matter of seconds and pursue all available markets for a specific event or match-up.

You can easily get the FanDuel sportsbook app for Android or Apple iOS devices. If you’re on an iOS device, just head to the App Store and download the FanDuel sportsbook app. Be sure you don’t download the Daily Fantasy Sports app–they’re separate in the marketplace.

Fanduel sportsbook withdrawal methods scoring

Android users have to jump through a few extra hoops. Google play prohibits regulated gambling apps from its marketplace. Instead, you can install the app by visiting FanDuel’s website and clicking the “Download for Android” link. From there, just follow the prompts to install the app on your phone or tablet, then you’ll be all set. It only takes a few minutes.

FanDuel New York Retail Sportsbook (4.5/5)

FanDuel operates the retail sportsbook at Tioga Downs Casino Resort in Nichols, New York. The sportsbook is a 2,600 square foot space with more than two dozen video screens to catch the action. There’s also 12 lounge seats, eight betting windows, high tables, and additional seating for more than 50 customers.

The Tioga Downs sportsbook from FanDuel might not be as extravagant as, say, a Las Vegas book, but it’s a great location for sports bettors looking for some on-property action. Tioga Downs is about a four-hour drive for New York City bettors.

FanDuel New York Sportsbook Overall (4.8/5)

Fanduel Sportsbook Withdrawal Methods

All things considered, FanDuel is one of the very best sportsbooks available to New York bettors. Placing a bet online currently requires a trip to Pennsylvania or New Jersey, but FanDuel offers one of the best experiences in both states. Add the Tioga Downs retail sportsbook into the mix, and you’ve got a top-notch sportsbook from start to finish. FanDuel earns its place as a top New York sportsbook thanks to an excellent app, market depth, and promotion offering.

FanDuel Casino Online App

If you’re looking for other online gambling options, FanDuel also has an online casino in New Jersey and Pennsylvania.

In Pennsylvania, FanDuel is partnered with Valley Forge Casino Resort. It also operates its PA sportsbook as part of this team-up.

FanDuel operates as Betfair Casino in New Jersey through its partnership with Golden Nugget Atlantic City. The online casino launched in 2013.

FanDuel’s online casino is one of the best you can find because it has the backing of Flutter Entertainment. Flutter is the combination of Paddy Power and Betfair, two massive online casino brands in the European market. The company has a strong industry reputation and is known for providing excellent online casino options to players.

Is FanDuel Legit?

Simply put, yes. FanDuel is a legitimate and legal sportsbook. There are countless reasons proving this point, but here are five primary points that showcase FanDuel’s legitimacy.

Methods

Fanduel Sportsbook Withdrawal Methods Rules

No Online Betting In New York

Because online sports betting isn’t legal in New York, you’re required to make the trip to Pennsylvania or New Jersey to legally place a bet online. IF you ever encounter a sports betting site in New York that will let you bet online, it is an illegal site and extremely risky.

FanDuel will confirm your location when you attempt to place a bet and will not allow you to wager unless you’re in a legal market.

Abiding By State Laws

If you head across the border to New Jersey, you won’t find any college bets on New Jersey schools. This is because the state’s laws prohibit bets on in-state college match-ups. FanDuel abides by all state laws in the markets where it operates, making it a legitimate sportsbook.

Proper Licensing

FanDuel is licensed to operate in the states where it lives. In Pennsylvania, it’s licensed by the Pennsylvania Gaming Control Board. In New Jersey, the Division of Gaming Enforcement doles out licenses.

Licenses are both expensive and difficult to acquire. They require every aspect of a sportsbook to be above board and completely legal. If an operator fails to pay licensing fees or is found to be breaching any related law, the operator could immediately lose their license and be forced to shut down.

FanDuel is also licensed to operate its retail sportsbook at Tioga Downs in New York, and will likely use that license to offer online sports betting if and when it comes to the Empire State.

Retail Partner

As I mentioned above, FanDuel has a retail partner: Tioga Downs Casino Resort in Nichols, New York.

If New York legalizes online sports betting, it’s very likely the state will require all sportsbooks to have a retail partner in order to operate online in the state. FanDuel is one step ahead with its legitimate land-based partner.

Responsible Gaming

FanDuel offers responsible gaming resources on its website, including a problem gambling hotline. This is often required by law, so legal sportsbooks will always display this info on their site.

Why Choose FanDuel Over Illegal Betting Sites?

How To Withdraw Money From Fanduel

Illegal betting sites are inherently risky for a number of reasons. You should always stick to legal solutions to keep your money and your information safe.

First off, grey market sites exist to make a profit and little else. They are not incentivized to provide a good experience for players. That’s bad enough as it is, but it gets worse. Offshore sites are often licensed in countries with little to no legal framework in place to govern online sports betting. That doesn’t necessarily mean the sites are malicious. However, it does mean that they could shut down, taking your account with them, without a moment’s notice or any repercussions.

Further, offshore sites don’t have to abide by local and state laws, so they don’t adhere to the rigid licensing policies set forth by gaming oversight committees at the state government level. Organizations such as the Pennsylvania Gaming Control Board and the New Jersey Division of Gaming Enforcement exist to keep sportsbook sites in check and protect players. Grey market sites don’t always have this level of oversight, so it’s risky to use them.

Why Can You Trust FanDuel With Your Money?

Here’s an excellent story that should help convince you your money is safe with FanDuel. In 2018, a glitch on FanDuel’s platform resulted in one bettor winning $82,000. At first, FanDuel disputed the payment. Later on, however, the company agreed to pay the winnings to the player.

FanDuel issued this quote to USA Today at the time: “Above all else, sports betting is supposed to be fun. As a result of a pricing error this weekend, it wasn’t for some of our customers.”

Fanduel Sportsbook Withdrawal Methods

FanDuel could have fought the claim, but instead, the company agreed that players should come first.

In addition to that gesture, FanDuel employs day-to-day practices to keep your money safe. These include SSL encryption, which encodes your data as it travels from your device to FanDuel, protecting it from hackers. Additionally, FanDuel has to have enough money in its coffers to pay player winnings, so your bets and funds are safe with the sportsbook.

FanDuel Sportsbook FAQ

Yes, but only at retail sportsbooks. Online sports betting has yet to make its way to the Empire State. It’s possible New York could legalize online sports betting in the future, but for now online sports bettors have to make the trip to New Jersey or Pennsylvania to place bets.

How Old Do You Have To Be To Place A Sports Bet In New York?

How To Withdraw From Fanduel

You must be 21 or older to place a bet at New York’s retail sportsbooks. You also must be 21 or older to bet online in Pennsylvania or New Jersey. Your date of birth and Social Security information will be used to confirm your age and identity when you bet online in either state.

How To Withdraw From Fanduel Sportsbook

Yes, if you visit the retail location at Tioga Downs. You can also bet on the Super Bowl in New Jersey of Pennsylvania using FanDuel’s online sportsbook.

Fanduel Sportsbook Withdrawal Methods Calculator

Online sports betting is not yet allowed in New York, so technically the answer here is “no.” However, you can still download the app and sign up for an account in New York (this is all completely legal), then travel to New Jersey or Pennsylvania to place bets. All of this is legal under New York laws and those two neighboring states.

Does FanDuel In NY Offer In-game Or Live Betting?

Fanduel Sportsbook Withdrawal Options Pa

Yes, the Tioga Downs retail sportsbook and FanDuel’s online sportsbooks in PA and NJ all offer live betting. You can place bets on matches as they’re in progress. It’s a bit difficult to time this out for bettors who need to travel to New Jersey or Pennsylvania to place bets, but it’s still an option.

When you sign up with a new account at FanDuel, you’ll get a risk-free first bet up to $1,000. If your bet loses, you will receive the amount of the bet back in site credit. You can use our link to sign up and ensure you get the bonus bet.

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