• Requests for withdrawal will be honored by the later of five business days or ten business days of submission of any tax reporting paperwork required by law, unless DraftKings, Inc. Believes in good faith that the player engaged in either fraudulent conduct or other conduct that would put DraftKings, Inc. In violation of New Jersey state law.
• We would like to show you a description here but the site won’t allow us.

In this post, I will be silencing all the nonsense about whether Draftkings is legit or not. I will tell you what you really need to know in this review. I will touch on 3 things. These three things should answer or give you a better conclusion about Draftkings. Let’s get to it.

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.

Is Draftkings Legit? Is Draftkings a Scam?

Yes it is legit, Draftkings is not a scam in any way, shape or form.

With all jokes aside and a straight face. Yes, it is legit. No daily fantasy sports company would hold as many customers and bring in such revenue if it wasn’t somewhat legit. I mean nothing is perfect. But it is good enough. I have been playing on Draftkings just about as long as I have been on Fanduel. Both sites have been getting a lot of heat from. Those suit wearing guys that chose to be a pain in the you know what. For a living. Allegations say that employees from each site. Was playing on the rival site and making huge bank. Was this true? No actual proof has been revealed to the public.

Even though one employee from Draftkings won big on a contest on Fanduel. They say the reason he won, was because he had access to very sensitive information. Giving him the upper hand on his competition. Yet no proof has been presented to the public. So it was kinda swept under the rug. For now, that is. I have never had any trouble withdrawing or depositing money on Draft kings and they always pay on time.

I’m sure I have done over 1,000+ transactions. All have gone through fine. The checks also. But I will say that the checks do take a while to get to you. But Draftkings lets you know that before you withdraw so. You have been forewarned. Your account is safe. No one outside of Draftkings can access your account. Even on the app. They have a feature where you can put a passcode on it. So if someone is on your mobile device. They can’t just click on your Draftkings account and get your cash. I have had over 30k in my account. It stayed there for about 4 months. It never moved. So they earned my respect and trust.

I will now go into the pros and cons of Draftkings. Starting with the pros.

Pros To Having A Draftkings Account

It is free to set up. So you do not have to pay anything or use a credit card to get started on their site. You can still play contests too with no entry fee. Just not to win money.

The site is full of players. Your chances of seeing the same player in a contest are very slim. Unless it’s a DFS Shark those guys are like shadows. It is hard to avoid them.

Your information is safe with Draftkings. They will ask for a lot of your personal information. Things like your telephone number, address, SSN, and email. All of that information is safe within the site.

Withdraw Entry Draftkings App Account

It’s available 24/7 365. You will always be able to get on Draftkings and do something. No matter what it is. Unless you get on the site while they’re doing maintenance work. Which will be stated as soon as you get on there. Usually, they will be done in a few hours. So no big deal.

Now we will move into the cons of Draftkings.

Cons To Having A Draftkings Account

Drafkings site layout can be a bit overwhelming. It has a lot of bright lights and bells and whistles. That all function differently. So once you get on there. It’s good to read everything thoroughly before you click on something. I have entered many of the wrong contest. By not doing this.

They are a bit more strict than Fanduel. If you have an old account or an account you do not wish to use again. You cannot use the same card you have associated with the old account. What they will do is wait till you deposit. Then they will send you a lovely message stating blah blah blah. Really what they are saying is. That your card is associated with another account on Draftkings and that they are closing your account and keeping your deposit. Have a nice day. So keep that in mind. If you are looking to start fresh.

Be careful on how you invite opponents to your contest. This is a harmless but very fast way to get your account suspended or even closed. If guys start reporting you. Draftkings will soon email you saying something that will sound like this. Blah Blah Blah. But what they are really saying is that if you do not stop inviting people you have recently played against to your contest. We are going to silence you. Have a nice day. So if that 100 man contest of yours only needs 10 more slots to fill before game time. You may want to keep this in mind.

Conclusion

I know I have said it before and I will say it again. Yes, Draftkings is legit. Does it have its pros? Yes, and does it have its cons? Yes no matter what you are a part of on this earth. It is some good and bad in it. Some way, shape, form, or fashion. So I look at it like this. If it is not causing you physical or mental harm. Or stopping you from eating or paying bills. It is ok. Sounds bout like a job huh? Well, this is a job for some people. Like myself, I make a living off playing DFS. I have my up and down moments. But I love my job and pays the bills. It also feeds me and my family so. But this is all I have for this post. If you have any questions or further concerns. Feel free to leave them in the comments area below.

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.

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.

Withdrawal options at NJ sportsbooks

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

Withdraw Entry Draftkings App

Withdraw Entry Draftkings

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

Withdraw Entry Draftkings App Cheat

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.

Withdraw Entry Draftkings App Yahoo

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.