Draftkings Sportsbook Cash Out

07-03-2021

Draftkings Sportsbook Cash Out

Feb 03, 2021 Svenska Spel said its new sportsbook allows it to offer customers an expanded range of sports betting, a better customer experience and new features including betbuilder and cash out. It said the new sportsbook brought a more competitive range of sports odds, better functionality and a more complete gaming experience. DraftKings Sportsbook: Deposit And Cash Out (4.5/5) DraftKings is also impressive in other respects, including its deposit and cash out/withdrawal methods. Many other online sportsbooks give few options for withdrawing their winnings.

What do you get the sports-mad fan who has everything? Well, that’s easy………..the DraftKings Sportsbook Gift Card.

The DFS provider turned sports betting operator has just launched a brand new gift card to be used on their sportsbook platform.

If you are a regular participant in Daily Fantasy Sports competitions, it is likely you have used or are using the DraftKings website, or mobile app. If you are someone who prefers to purchase a physical card for digital platforms such as video games, you can now do the same for online casinos and sports betting sites where it is legal. The DraftKings gift card online provides the same service for internet gambling.

DraftKings Sportsbook is one of the biggest sportsbooks in the United States, along with FanDuel. By introducing gift cards, DraftKings will now have the opportunity to grow its brand. Numerous retailers are now offering DraftKings gift cards to customers. Is it the perfect gifto give when you haven’t got a clue what to buy someone?

For example, the IN online sports betting industry features DraftKings, so players in Indiana can purchase a DraftKings sportsbook gift card. For anyone who is a regular sports bettor, a DraftKings gift card from Walmart could make the perfect holiday present. These retail gift cards are the first to launch in the online gambling market. There is no other prepaid card out there that features a company’s branding.

Where To Buy DraftKings Gift Cards

You have likely come across different gift cards for various brands in retail stores. The retailers sign partnerships with finance companies such as InComm Payments to attract customers in that way. Players can also purchase an InComm card and add funds to their gaming account and top it up that way. DraftKings gift cards will be available to buy at locations such as:

7-Eleven
Dollar General
Sheetz
Speedway

Although DraftKings sportsbook is the first gambling operator to striker a deal of this nature, many brands already accept prepaid cards as a means to deposit. Using a prepaid card at DraftKings is already possible through payments with the Game On card.

The gift cards currently come in two denominations; $25 and $50. They can only be used once and are only available on a retail basis. Once the gift card has been activated, a DraftKings customer can use it to enter into daily fantasy contests, play casino games, or bet on sports on their sports betting app.

The gift cards will be available to purchase nationwide, but bear in mind the digital products DraftKings offer online will be subject to local regulations. For example, anyone in New York who can access the NJ sports betting industry can use the cards on online sportsbooks and also the DraftKings casino.

Draftkings Sportsbook Sign Up

Alternatively, if you are struggling to find somewhere that has a DraftKings gift card, you could search for ‘DraftKings sportsbook gift card near me’ to see if there is a suitable location. As we mentioned above, the DraftKings gift card would make the perfect holiday present among other fantasy sports gifts. DraftKings has a presence on many NFL betting apps, and new customers can also access welcome offers such as free bets.

The use of these gift cards also must follow stringent regulations regarding responsible gambling. This is similar to using a credit or debit card to fund DraftKings accounts. In terms of players collecting their winnings, DraftKings withdrawal times vary depending on which payment method you choose.

You may also want to read: FanDuel Sportsbook vs. DraftKings Sportsbook and you can learn more about the new Game On Card – the latest sportsbook gift card to hit the market.

How Gift Cards Comply With Responsible Gambling

Every jurisdiction with a regulated online gambling industry has programs tailored for individuals with gambling issues, such as self-exclusion lists. The retailers that stock and sell gift cards don’t have these programs in use to stop selling them to anyone who appears on a list; however, DraftKings deal with that themselves.

Upon the news of the DraftKings gift card, a spokesperson for the company said they take responsible gaming measures “seriously.” The spokesperson also added that releasing a gift card “does not bypass any of the controls in place” surrounding their responsible gaming measures. DraftKings has been keen to stress that this gift card is just another payment method, and the usual controls in place will apply.

For bettors who tend to use cash over digital banking methods, the news of an available gift card is positive. With the rules and regulations around responsible gambling, a gift card is another option to convert that money into funds for entertainment. So go Make It Reign.

DraftKings Sportsbook Gift Card FAQs

What states can you wager in using the DraftKings sportsbook gift card?

Sports betting is not legal in all US states and you can only bet using the gift card in the following states: New Jersey (NJ), Indiana (IN), Illinois (IL) Pennsylvania (PA), West Virginia (WV), Colorado (CO), Tennessee (TN), & Iowa (IA).

Who sells DraftKings gift cards?

DraftKings has partnered with InComm Payments to provide $25 and $50 gift cards for customers. They will be for sale t numerous convenience stores such as:

7-Eleven
Dollar General
Sheetz
Speedway

Additionally, they will be able to buy in pharmacies and general merchandise retailers. Make sure you check which stores have them before making a trip to buy one.

What can I use the DraftKings gift card for?

The primary function of a DraftKings gift card is for customers to add money to their DraftKings sportsbook (or DFS) accounts. It is a convenient way to add funds before you start betting on sports or if you want to play some slots at the DraftKings online casino.

Up To $1,000 Deposit Bonus

Virginia sports betting is here, although, the number of sportsbooks is limited. However, DraftKings was one of the first to market.

Below, we have a guide to help residents and visitors to the Commonwealth navigate the DraftKings Sportsbook app. Check out tips on creating an account, depositing and withdrawing funds, and selecting sports to bet on.

New User Bonus. T&Cs Apply.

Up to $1,000 Deposit Bonus

Virginia Sports Betting DraftKings bonus offer

In jurisdictions where DraftKings is live across the US, there are several odds boosts, bonuses, and promotions.

When you sign-up with DraftKings in Virginia with the link above, you can also expect a Virginia-specific offer that focuses on the Washington Wizards.

Double your money if the Wizards hit a 3-pointer vs. the Atlanta Hawks on Jan. 29 @ 7 p.m. ET.

However, there are a few requirements:

This is for first-time depositors only.
Make a $5+ deposit into your sportsbook account.
Bet must be placed before tipoff.
Max bet of $50.
One bet per user.
This bet excludes live bets, parlays, free bets, cash out bets, and voided bets.

Once you make a deposit, you will be issued one single-use odds boost (+100) for ‘over 0.5 3-pointers made by the Wizards.’

Creating a DraftKings Sportsbook account for Virginia online betting

When creating a sports betting account anywhere in the US, where online sports betting is legal, you will be asked to provide the same private information. This goes for any sports betting operator you choose.

Download the DraftKings Sportsbook app for iOS or Android and follow the “create account” steps.

Some of the information you might be asked to provide include:

Full name
Last 4-digits of your social security
Date of birth
Address and zip code
phone
email

Remember, this is standard across the board. There isn’t an online sportsbook in the US that won’t ask you to provide some combination of the above information.

Lastly, you will be asked to create a username and a secure password.

How to deposit and withdraw funds at DraftKings Sportsbook Virginia

After you create an account (but before you start betting) you will need to add money to your newly create sports betting account.

Much like other online accounts such as Amazon or iTunes, you will need to move money from your personal bank account to your betting account to begin placing bets.

DraftKings Sportsbook makes this process easy by providing multiple avenues to transfer money.

Some of the easiest include:

Credit/debit card
online bank transfer
Paypal/Skrill
E-check
Wire transfer

Draftkings also allows you to withdraw your money at any time. You can select the “withdraw” function by first accessing your profile on the top left of the home screen. Click withdraw and follow the instruction on the screen.

Withdraw options below include the number of days it takes to receive your money and the minimum amount you can take out:

Paypal:3-5 days w/ $1 minimum
Check:7-14 days w/ $15 minimum
Online banking:3-5 days w/ NO minimum

Placing bets with DraftKings for online sports betting in Virginia

You have an account. You have money in your account. You are now ready to place bets.

First off, there are a number of traditional bets you can choose from, such as:

Moneyline
Parlay bets
Point Spread
Over/Under
In-game bets
Futures

In-game bets or “live-wagers” take place once a game or match has already started. These vary depending on the sport. But, they can range from the next player to score a touchdown, or which team will score the next basket, the Wizards or the Hawks.

Additionally, futures bets are wagers on the things like the 2021 World Series Champion or the 2021 Stanley Cup MVP.

Of course, professional football is coming to a close, but Super Bowl LV is two weeks away. Other professional sports leagues like the NHL, NBA, and college basketball are in full swing.

Other sports you can bet on include:

Golf
Tennis
MMA/boxing
Baseball
Hockey
Football
Basketball

Online sports betting on Virginia area teams

Unfortunately, state law prohibits betting on Virginia collegiate teams. This means you won’t be able to place bets on teams like the Virginia Cavaliers, Virginia Tech Hokies or Richmond Spiders.