Daily fantasy sports are prevalent these days. There are countless daily fantasy sports sites; on the other hand, one of them is FanDuel. You can place bets, participate in contests, and win money.
But, a lot of new users often ask, does FanDuel pay real money?
FanDuel does pay you real money. FanDuel is a daily fantasy sports site, and, like all the other DFS sites, you can participate in competitions and place bets. If you win in these contests, you will win money added to your account. You can withdraw your winnings and use them as you like.
That being said, there are a lot of aspects of FanDuel you need to know before you use their services. So, I suggest you read through the whole article.
Here I’ll explain the legality of FanDuel, how to withdraw money from your FanDuel account, and other things. So, you can use the website without any worry.
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Does FanDuel Pay Real Money?
As you know, almost all fantasy sports sites are now in a fight to gain legality. It might be confusing to some people because no daily fantasy site has been considered illegal by the federal government earlier.
States are usually assigned the responsibility to determine the legality of daily fantasy sports in that particular state. That is why this decision is state-dependent.
Like all the other big daily fantasy sports sites, FanDuel is not a scam in any way whatsoever. However, their business model is obviously to make a massive profit like all other DFS sites.
So they often know how to advertise effectively to appeal to the target audience. But they are not the same as gambling, where you can lose a massive amount of money in a short time.
We have already talked about FanDuel’s effective advertising strategy. These advertisements often include promotions and various contests that will attract people to participate in their website.
That is why they want the players to make a profit on their website to continue playing. That is why the participating cost is lower than most other websites.
As a player in every contest you participate in on FanDuel, you have to pay a small fee to the website as a commission. For example, if you enter a $1 contest with another player, the winner will take 1.80 dollars.
The remaining 0.20 dollars will be FanDuel’s profit. So, FanDuel is not a scam, instead of a service or a platform where we can bet against each other.
Does FanDuel Pay Actual Money?
Yes, they do. Every time you win on FanDuel, you will be winning real money. You can even withdraw the winnings as you wish. You can also use this money as you like. So there is no question about the authenticity of your winnings.
As I have already told you about how FanDuel works, you must now have a clear idea about their procedure. Every time you participate in a contest on the website or even place a head-to-head bet with another player, you can win real money.
That is because everyone on the website will bet real money. That is why FanDuel verifies everyone’s ID beforehand.
When you win a contest or an individual bet, your winnings will be stored on your FanDuel account. There is no doubt about it. You can withdraw this money or even use it on your next bet.
They also provide several kinds of withdrawal processes. So you don’t have to worry about losing money or any scam.
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Withdrawal Methods Supported By FanDuel
As I have already discussed, your winnings on FanDuel are real money, and you can withdraw them as you wish. Their withdrawal procedure is also straightforward and secure.
One of the issues with DFS sites is that it is easier to deposit money on the site. But when it comes to withdrawing the money from the website, it can be not easy. They can be very lengthy and complex.
The best part about FanDuel is that it does not have any of these problems. It offers a lot of withdrawal methods for your needs.
These methods are often speedy and easier for any person. Now I will talk about some of the visual techniques that FanDuel has. You can use any of these methods to withdraw your winnings.
Check
Checking is one of the easiest withdrawal methods for you to withdraw your winnings on FanDuel. You can order a check whenever you want on FanDuel. First, you have to register your address on your FanDuel account.
Then you’ve to request the check to your address. FanDuel will send the check to your given address.
If you order a check to withdraw your winnings, getting to your address might take some time. This is because checks need to be issued and sent to a courier or other delivery service.
They can take up to 5 to 7 business days to arrive at your address. Also, if you change your address or move, you don’t need to worry. The address can always be changed on the website.
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ACH (eCheck)
E-checks are another great way to withdraw your money. If you have an account at a bank, you can register the account there. Then you can ask for an eCheck with your winnings to be sent there. The whole procedure is done by Global Pay, which is a third-party facilitator. They will approve the eCheck within 24 hours. Then the eCheck will be transferred to your bank.
Your account will receive the money within 3 to 5 business days. But one crucial thing you have to remember about this method is that it only works with physical banks.
This method is not for credit unions, though. You also can’t use this method with credit cards, PayPal accounts, etc. So, it would help if you were careful before using this method. But, this method is very safe.
FanDuel Prepaid Card
FanDuel prepaid cards are also another easy way to withdraw your money. They are pretty handy as you can deposit and withdraw money with them. It functions just like a debit card.
If you want to use this method, you can’t use the cards from the get-go. First, you have to deposit funds at least once on FanDuel through FanDuel cards. After that, you can use this method.
The FanDuel card method is quite fast also. It can take 24 to 36 hours for the money to be available on FanDuel cards. After that, you can do as you wish with the money. You can also redeposit the funds into your Fanduel account. If you want to withdraw the money, you can easily do that from any ATM.
PayPal
You can also transfer your funds to your PayPal account if you wish. This is also available with FanDuel. However, just like FanDuel cards, you need to deposit money first to FanDuel through PayPal.
Then you can withdraw your funds via PayPal. You need to link your PayPal account properly to your FanDuel account. It will take the money 24 to 48 hours maximum to show up in your PayPal account.
Conclusion
Like other daily fantasy sports sites, FanDuel is gaining new users every day. If you are also thinking of using the website, one of the worries you might have is, ‘does FanDuel pay real money?’ In this article, I tried to answer that question and hope we helped answer that question you may have.
So, I hope it will benefit you, and good luck with all of your DFS adventures.