Written by:
Paul Ricci
Fact checked by:
Alex Windsor
Updated:
June 28, 2024

FanDuel Payouts: Withdrawal Times & Methods

FanDuel Payouts

FanDuel payouts and withdrawal times are topics that concern most new users. As one of the most popular online casinos, daily fantasy sports, and online sports betting sites in the US, it’s no wonder why so many players choose to place their bets on FanDuel.

The operator is widely recognized for its fast and safe withdrawal options and the overall payment method experience. We’ll cover all the FanDuel sportsbook withdrawal methods, the average processing time, and a few other tips and tricks to have the best experience on the platform.

FanDuel Withdrawal Methods & Payout Details

💳Withdrawal methods⏱️Withdrawal times
Online banking3-5 business days
PayPalUp to 48 hours
VenmoUp to 48 hours
Debit cardsFirst 48h, next withdrawals 24h
FanDuel Prepaid Play +Up to 24h
Cash at Counter1-48 hours
Check5-10 business days

Before attempting to withdraw money at FanDuel, it’s worth noting that the operator can take up to 48 hours to approve your withdrawal request. This is a policy that ensures maximum security and protection for all the users on the platform.

FanDuel doesn’t have any specific minimum or maximum limits for any payment method, nor do they charge fees to withdraw money. The only limitation they impose is that you can’t withdraw more than $10,000 per transaction, which is quite a decent limit. On the lower end, you can request a withdrawal of $10 or more.

All the payment methods players use to deposit are available as withdrawal methods as well.

However, FanDuel’s policy states that players can’t withdraw funds using a debit card, Venmo, PayPal, or prepaid card unless they have used the same method to deposit, meaning players are somewhat limited when it comes to switching between deposit and payout methods. 

Aside from this, FanDuel features six withdrawal methods, as follows:

Does FanDuel Have the Fastest Payouts?

FanDuel Sportsbook Banner

Among the US betting sites, FanDuel is known for its fast withdrawals. With the exception of processing times, FanDuel sportsbook offers a wide variety of withdrawal methods to cater to the needs of all the users of the platform.

How to Withdraw Money at FanDuel

FanDuel Sportsbook

4.7/5
  • Minimum deposit $10
  • Vast coverage of sporting markets
  • Supports ewallets & traditional payment methods
  • Promotions are kept exciting
  • App layout is a bit cramped
  • No NFL live streaming
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Here is a quick overview of the FanDuel withdrawal process, following a couple of simple steps:

  1. Open your FanDuel account profile on the upper right corner of your desktop or bottom right corner of the FanDuel app.
  2. Click on the “withdraw” button. In this section, you will be able to see your available balance and the available payment methods.
  3. Choose the preferred method you want to use and select the amount you want to withdraw.
  4. Finalize the withdrawal process and wait for your funds to reach your bank account.
FanDuel Fantasy Withdraw

Requirements for Fast FanDuel Payouts

Before you attempt to make a withdrawal at FanDuel, you should adhere to the platform’s eligibility requirements.

FanDuel is a completely legal platform that doesn’t accept users under the age of 21. The FanDuel sportsbook is currently available in a huge number of US states including Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. Players from other states cannot join and make accounts.

States being mentioned, you can only play casino games and withdraw casino winnings only from selected states, including New Jersey, Michigan, Pennsylvania and West Virginia.

But even if you’re in the range of eligible states and age for gambling, you can only request your sportsbook payouts to a verified Fanduel sportsbook account. To verify your sportsbook account, FanDuel will ask you to provide them with your passport, driver’s license, utility bill, or any other identification document that can serve as proof of your identity. FanDuel’s verification policy is intended to safeguard against fraud and comply with US gambling regulations.

To withdraw at FanDuel, it’s also mandatory to use the same method you have used to deposit funds in your account. For instance, if you used PayPal to deposit, you’ll have to withdraw your winnings through your PayPal account again. But if there is another deposit method you have used to deposit before, it will also be among the available withdrawal methods on your account profile.

Reasons for Delayed FanDuel Payouts

There are a few reasons why FanDuel might delay your withdrawal request.

To start with FanDuel’s withdrawal policies, we already mentioned that the platform takes up to 48 hours to approve withdrawal requests. Even though waiting an additional day or two on top of your payment method’s processing time sounds frustrating, FanDuel promotes this policy to ensure maximum security on the platform.

FanDuel’s withdrawal requests are sometimes held up if there are indications of possible money laundering or fraud, requiring investigation according to financial regulations.

Aside from that, some players have experienced delayed payouts when engaging in FanDuel contests. If this is your case, keep in mind that the operator may need some additional time to accumulate the points and make corrections to the scores, even after the contest has finished. Please contact customer support if your winnings have not appeared after 24 hours.

Also, FD may hold up your winnings if you have chosen to withdraw by check to either double-check your information or give you time to provide the correct address.

Finally, you may experience payout delays if you’re trying to set a new deposit or withdrawal method. We recommend contacting FanDuel’s customer service team if you experience longer waiting times.

Does FanDuel Payout Real Money?

FanDuel Sportsbook

4.7/5
  • Minimum deposit $10
  • Vast coverage of sporting markets
  • Supports ewallets & traditional payment methods
  • Promotions are kept exciting
  • App layout is a bit cramped
  • No NFL live streaming
Bet $5, Get $200 In Bonus Bets
Play Now

Yes, FanDuel is a licensed and completely legit sportsbook platform where you can win real money. As a licensed iGaming service provider in many states, FanDuel adheres to tight regulations for all online gaming, including real-money payouts.

Can I Withdraw Bonuses and Promos at FanDuel?

Fanuel doesn’t allow direct withdrawals of bonuses and promotions you have claimed on the platform. However, withdrawing the winnings and wagered funds you have earned from using bonuses and promotions is possible.

Keep in mind that any bonus, promotion, or boost you get can be used on bets and contests on the FanDuel product where they were earned. It’s also worth noting that most bonuses and promotions come with playthrough requirements that need to be met before withdrawing your winnings. Also, make sure you go through the T&Cs to double-check whether you have met all the payout requirements.

Does FanDuel Pay Out in the Same Way I Deposited?

You can withdraw your money through the methods you used to deposit funds only. However, if you have used more than one deposit method previously, FanDuel allows withdrawals through those methods as well.

However, it’s always easiest and leads to fastest payouts to go with the same withdrawal method you used for deposits. For example, if you used PayPal to put money into your FanDuel account, you should use PayPal again to withdraw the winnings.

Setting a new deposit method can give you more flexibility but, at the same time, can cause bank account issues and delays to your payouts.

Will I Need to Pay Withdrawal Fees?

No, FanDuel doesn’t impose any fees, regardless of whether you’re depositing or withdrawing. You can also transfer funds from your Fanduel sportsbook to the FD daily fantasy or casino accounts free of charge.

FanDuel Deposits

Before you get to withdraw winnings from your FanDuel sportsbook, you have to make a deposit first. FanDuel offers a couple of deposit methods:

Keep in mind that not all of the offered deposit methods will necessarily be available in your state.

Most deposit methods, such as online banking, debit cards, PayPal, Venmo, Apple Pay, and prepaid cards, allow you to deposit instantly. On the other hand, bank transfer deposits can take up to 24 hours.

While you can set your daily, weekly, and monthly deposit limits, you should know that some state laws impose deposit limits on their own. For example, if you’re located in Massachusetts, you can’t deposit more than $1,000 monthly. Tennessee state imposes a $2,500 monthly limit, while the Maryland state limit is capped at $5,000. If you want to modify these limits, you will have to submit a request form to the FanDuel customer support staff.

Since you must deposit in order to play, here’s a guide on how to do just that.

How to Deposit Money at FanDuel

Depositing money to your FanDuel accounts is a very easy and straightforward process:

  1. Login to your account.
  2. Click on the “Add Funds” button in the upper right corner of the home page.
  3. Select the preferred method for payment and the amount you want to deposit.
  4. Click on the “Authorize Deposit” button to finalize the process.
FanDuel Fantasy Add Funds

Can I Refund Deposits from FanDuel?

Yes, FanDuel allows refunding your deposits, whatever the reason is. However, you should know that you can only refund deposits made through a debit card, online bank transfer, Venmo, and PayPal. To refund your deposit from your FanDuel account, you should follow a few simple steps:

  1. Navigate to your account page and click on the “Withdraw Funds” button.
  2. In this section, you’ll be able to see how much money you’re able to refund, including the unused money you have deposited.
  3. Depending on which product account you’re using, you can get two button options – “Withdraw” or “Refund”.
  4. Click on the corresponding button to finalize the process.

At this point, you should know that you will receive your refund on the same payment method you used to deposit.

Resolving Problems with FanDuel Payouts

In case you’re experiencing payout issues, FanDuel customer support can be reached through many different channels – live chat, social media accounts on Twitter and Facebook, email, and voicemail.

The FanDuel website also has a dedicated support page where you can find the most frequently asked questions and queries by users. The support page is very comprehensive, featuring queries about every step and possible issues regarding the payout process – from detailed guides on how to withdraw using different payment methods to reasons for not being able to withdraw and similar.

We recommend checking out the support page for guidance before contacting customer support. However, if you’re still not able to resolve your issue, it’s best to reach out to the support team for further instructions.

FanDuel FAQ

FAQs

  • Does FanDuel pay out fast?
    Yes, FanDuel is known to be among the top US gambling platforms offering fast payouts throughout all their products.
  • How long does it take for FanDuel to pay out?
    Different FanDuel payment methods have different withdrawal times - from 24 hours to up to 5 business days.
  • Why does FanDuel take so long to pay?
    In order to ensure maximum safety, FanDuel takes up to 2 business days to approve withdrawal requests. Aside from this, some factors, such as using different payment methods and calculating points from contests and competitions, can cause a delay in your payouts.
  • Does FanDuel payout real money?
    Yes, FanDuel is a legal and legit gambling platform that pays out real money if you win.
  • How much can FanDuel pay out?
    While there's no limit on how much you can win, the Fanduel withdrawal limit per transaction is $10,000.
  • How do I cash out on FanDuel?
    The cashout process at FanDuel is very easy and straightforward. After accessing your account profile, you should click on the "withdraw funds" button and choose the preferred withdrawal method.
  • Do I need to pay a fee for FanDuel payouts?
    No, FanDuel doesn't charge any fees for paying out your winnings.
  • What is the withdrawal time for FanDuel debit cards?
    When you're withdrawing with a debit card for the first time, you'll get your payouts in 2 business days. After your first withdrawal, the debit card processing time is 24 hours.
  • How PayPal withdrawals work at FanDuel?
    You can withdraw using PayPal in the same way as the other payment methods. However, keep in mind that you won't be able to withdraw using a debit card, Venmo, Paypal, or a prepaid card if you haven't deposited with the specific method previously.
  • Can I withdraw money from FanDuel via Cash App?
    Cash App is not on the list of available withdrawal options at FanDuel.
  • Does FanDuel pay out cash at the counter?
    Yes, FanDuel allows withdrawing cash at the counter. In fact, they claim that this is the fastest withdrawal method they offer.
AUTHOR
Paul Ricci

Paul Ricci is a resident sports writer at Minimum Deposit Betting Sites, largely focusing on the US betting landscape. His main interests lie in football (both the US and the non-US variants) and in developing and writing low-stakes betting strategies.