Understanding your options when using the DraftKings Ontario payment methods is essential. The good news is that this brand offers a wide variety of secure, fast, and reliable payments for both deposits and withdrawals.
In this guide, we cover the basic payment methods you can expect to see, such as debit and credit cards, Interac, PayPal, and cheques. You will also learn how to make your first deposit, request a withdrawal, average processing times, and plenty more.
DraftKings Casino
+19 T&C's Apply, Please play responsibly
DraftKings Highlights
- Major software developers
- Large selection of casino games
- Dedicated standalone casino app
What payment methods are accepted at DraftKings Ontario?
Given that
DraftKings is a legal Ontario
sportsbook and online casino, you can expect a variety of secure payment methods for both deposits and withdrawals. Here is a quick snapshot of the payments you can expect to see:
- Visa (Debit and Credit)
- Mastercard (Debit and Credit)
- Discover (Debit and Credit)
- American Express (Credit only)
- Interac
- PayPal
- Cheques
Each of the listed DraftKings Ontario payment methods has its own unique benefits and drawbacks, so you can choose one that best suits your needs. But one thing that is for sure is that this sportsbook does a great job of ensuring secure transactions through SSL encryption.
Pros and cons of the DraftKings Ontario payment methods
Here is a quick summary of the pros and cons of the available DraftKings Ontario payment methods
Pros and Cons
- A variety of secure payments
- Fast withdrawals
- No transaction fees
- Low minimum deposit
How to deposit at DraftKings in Ontario
Whether you choose to make a deposit on the
DraftKings Ontario app
or through the official website, the process is smooth and fast. When logged into your account, just follow these simple steps:
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Select the deposits button in your account.
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Hit the Add a Payment Method button.
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Choose from the list of accepted payment methods.
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Enter your payment information.
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Input an amount you would like to deposit ($5 minimum).
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Confirm the transaction and wait for the payment to process.
Please keep in mind that the payment information you provide for the deposit must match the information you provided during registration. This could include your full name, date of birth, address, and other information. The same rules apply when requesting a withdrawal from your account later down the line.
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Find a variety of payment methods with DraftKings
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Enjoy fast withdrawals at DraftKings
How to request a withdrawal from your DraftKings account in Ontario
If you caught our recent
DraftKings Vs Betway
comparison, you’ll know that this brand shines when it comes to quick and easy withdrawals. You’ll get access to popular Ontario payment methods like Visa, Mastercard, Amex, Discover, Interac, PayPal, and posted cheques here. However, first-time withdrawals to a newly registered withdrawal method will require passing two-factor authentication through your registered email address.
The withdrawal process itself is very similar to making a deposit, so we won’t bore you with another step-by-step. Just head to the withdrawal page, choose your payment method, the amount you would like to withdraw, and hit submit.
Withdrawal limits and typical processing times to be aware of
One of the big benefits of DraftKings' payment methods in Ontario is that they have very low minimum and very high maximum withdrawals. This gives you the flexibility to request the exact amount you want to withdraw, at least in most situations. Also, the average withdrawal times are fast, particularly if you choose a debit card, where it can be processed on the same day.
Here’s a quick summary of what you need to know:
| Payment method | Minimum withdrawal | Maximum withdrawal | Average processing time |
| Debit & Credit Cards | $1 | $25,000 | Up to 24 hours |
| PayPal | $1 | $60,000 | 1–2 business days |
| Interac | $1 | $10,000 | 1–3 business days |
| Cheque | $15 | $50,000 | 3–14 business days |
The average processing times for cheques vary more widely than any other DraftKings Ontario payment method, as it is based on the value of your cheque. For example, cheque withdrawals of less than $100 will be received by Canada Post within 7–14 business days. However, cheques valued between $100 and $1,999.99 will be received by FedEx within 5–7 business days. And finally, cheques valued at more than $2,000 will be received by FedEx within 3–5 business days.
Easily track the status of your withdrawal
If you want to track the status of a payment, head to the withdrawals page. Here, you’ll see details like the total withdrawal amount, payment method, request date, processing time, and current status. You can also check your transaction history for a complete record of every payment you’ve made on DraftKings Ontario.
What we really think of the DraftKings payment options in Ontario
DraftKings is safe and legal in Ontario, making it a popular option for residents. But creating an account is just one part of the process; you’ll also need to pick a preferred payment method. As we’ve discussed throughout this guide, there is no shortage of options, including debit/credit cards, PayPal, Interac, and cheques.
The deposit process is simple, thanks to streamlined interfaces and secure payment methods that process instantly without fees. You can also expect many of the same payment methods to be available for withdrawals, with accessible limits and fast processing times.
If you would like to join DraftKings and make your first payment in Ontario, just follow any of our links on this page.
DraftKings Sports
+19 T&C's Apply, Please play responsibly
DraftKings Highlights
- Competitive odds
- Variety of sports markets available
- Live betting options
DraftKings Ontario payment methods FAQs
⚡ Which DraftKings Ontario payment method is fastest for withdrawals?
Debit cards such as Visa, Mastercard, and Discover are typically the fastest for withdrawals, with average processing times under 24 hours.
📝 Can I use a payment method not registered in my name at DraftKings Ontario?
No, DraftKings Ontario only accepts payments to and from methods that are registered in your name.
📱 Can I make a payment at DraftKings Ontario on my mobile?
Yes, all of the DraftKings accepted payment methods in Ontario are compatible with mobile devices. You can make deposits or request withdrawals through the mobile website or native app.
💰 What is the minimum deposit at DraftKings Ontario?
The minimum deposit is just $5 for most of the accepted payment methods.
