How Do You Cash Out On FanDuel?

By Daily Fantasy Focus

August 19, 2021

FanDuel is a great platform to place both fantasy and real sports bets. But, when you’ve had some fun and made money, many people find it somewhat confusing to cash out. However, it’s much easier than what people say, and you need to follow the correct guidance. Here’s how to cash out on FanDuel: 

  1. First, you’ll want to head over to FanDuel Sportsbook and log into your account.
  2. Once here, you’ll want to start your withdrawal by clicking “Withdraw”.
  3. After you’ve clicked this, you can now type in the amount you wish to cash out. This doesn’t necessarily need to be the entire balance.
  4. When you’ve entered your desired cash-out amount, you’ll then want to select a FanDuel accepted payment option to withdraw to.
  5. Lastly, once you’ve performed the above, you’ll get an email confirming your account disbursement.

When you cash out your funds on FanDuel, it shouldn’t take that long. To better understand how long cash out’s take on FanDuel, along with various other helpful tips based on the query, I suggest you read the below.

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Why Won’t FanDuel Let Me Cash Out?

Something many people encounter is that their FanDuel account won’t let them cash out. This can be highly frustrating, and especially if you need the money. Although not many of the users encounter these issues, it certainly occurs sometimes. Here’s everything you need to know:

Your Location

You may or may not be aware that FanDuel isn’t legal in all states across America. In fact, online betting is banned in many states, which could be the primary reason why FanDuel isn’t allowing you to cash out.

This occurs because FanDuel can track your device’s IP address, meaning their platform is aware of which state you’re using their platform in. If it detects one of the illegal states, it will not allow you to cash out. However, you’re able to use a VPN to overcome this. But, remember, this is considered illegal.

Eligible Wagers

Not all wagers are allowed to be withdrawn on the platform. This is because of how their operating and marketing system works.

Typically, they entice people with free cash rewards to either get them to sign-up to their platform or to continue playing. If this occurs, you’ll see two columns near your cash. Only cash indicated by the unique cash symbol will be allowed to be withdrawn from the account.

Server Issues

Including the above, FanDuel could just be having server issues and cannot accept your request at that moment. If this occurs, just wait a few hours and try again. If all fails, submit a support ticket to find an answer to why you’re not allowed to retrieve funds from your account. Typically, FanDuel’s customer support will reply within 48 hours.

From the above, you should see various reasons why FanDuel won’t allow you to cash out. Suppose you can act on the issue, great. However, contact their support if you’re still confused about why FanDuel won’t allow you to receive your funds.

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How Long Does It Take FanDuel To Cash Out?

On the FanDuel platform, you’ll have three primary ways to receive money. This is either through a payment processor like PayPal, an online bank, or a check. Your chosen methods of cashing out will vary depending on the processing time you’ll receive. Needless to say, neither of them is that long considering what other similar sites offer. Here’s how long it takes to receive funds from FanDuel, depending on your withdrawal method.

  • Payment processor (PayPal) – Usually, this is around 48 hours with PayPal. Using another accepted payment processor could be longer or even shorter depending on their terms and conditions.
  • Online banking (Visa) – If you choose an online banking withdrawal method, this will take around 2 to 4 business days to process. Please note business days, meaning it’ll take longer on weekends and only be transferred from Monday to Friday.
  • Check – As you can imagine, withdrawing from a check is slightly different as they’ll need to send it to you. Because of this, you can expect to receive the check within 7 to 10 business days in most states.

As you can see, the payment processing solution is the quickest way to receive funds. If the time has passed these “recommended” timeframes, then consider contacting FanDuel. By all means, it shouldn’t take longer than these times, and if it does, there may be something wrong with the system.

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How To Deposit Money In FanDuel

You now understand how to withdraw money out of FanDuel, but what about putting money back in for future bets? To achieve this, consider following the simple how-to guide below:

  1. First, sign in to your FanDuel account with your login credentials.
  2. Now you’ve done this, head over to ‘Account’ and then ‘Deposit’.
  3. Here, you’ll now be prompted with how much you’ll want to deposit. Select how much you’d like to.
  4. After you can choose a payment method which FanDuel accepts and make the payment.
  5. Once you’ve accepted the payment, the funds will be deposited into your account instantly.

Again, another super simple process from FanDuel which anyone can follow and abide by.

What Payment Methods Can I Use On FanDuel

To deposit to your FanDuel account, you’ll have to do this through certain payment methods. These include PayPal, Online bank transfer, credit/debit cards, FanDuel prepaid cards, or PlayNearMe.

All payment methods mentioned above are instant and won’t require you to wait until the funds have reached your account. However, you should be aware that the minimum deposit for all payment methods to your FanDuel account is $10. Anything below this minimum requirement can’t be added to your account.

After reading, you should now understand how to cash out or withdraw from FanDuel. As you can see, it’s pretty easy and certainly, something that anyone can achieve. So, now you understand how to make withdrawals, why not receive your winnings from your FanDuel account?

Daily Fantasy Focus

About the author

Daily Fantasy Sports (DFF) is a resource to help you learn how to use Daily Fantasy Sports platforms.

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