Legal Online Gambling News

Draftkings Sportsbook Accepts Deposits Through Paypal

Sep 28, 2018

Keeping abreast with this ever-increasing competition in the New Jersey sports betting market, PayPal has arrived to confirm that for DraftKings Sportsbook. 

 

The Arrival Of Paypal 

DraftKings Sportsbook endured a good run for weeks solely dominating the NJ sports betting market.

Only limited options were available in New Jersey whilst the clientele was eager to bet with legitimate operating sportsbooks that period. Also, on the other hand, DraftKings had their fair share of difficulties when it came down to depositing options, regardless of their early presence in the market.

For instance, Visa, Mastercard, and bank transfer were your main options. Alternatively, your linked daily fantasy sports account enables you to transfer once your qualification is earned by playing through the money initially deposited. If that became the usual outcome, having limited payment options still wouldn’t be a hurdle.

Currently, having five functioning in full effect, New Jersey is flooding with more sportsbook apps compelling loads on the way. Also accompanied along with alternative depositing methods and by ones simultaneously launched along with PayPal.

 

The Disadvantages Of Being Paypal-Less 

Limited payment methods become normally a challenging factor for new apps and still at it’s developing stages in the world of online casino. Although its viability in New Jersey, online gambling suffers continuously with banks applying red tape on any transactions.

Inevitably, this had led to the hindrance of DraftKings customers’ pleasure in participating, causing irritation when it comes to making online transactions.

Meanwhile one of DraftKings’ competitors, FanDuel’s, provided an FAQ section on its site with a comprehensive outline here to save lives.

While most banks are bet-friendly, here’s a list of ones declining transactions with online betting companies:

  • Bank of America
  • Capital One
  • Wells Fargo
  • TD Bank
  • Union Bank
  • Huntington Bank
  • Most prepaid cards

No exceptions are given to giant banks issuing credit cards.

 

No Permanence Guaranteed For First-Landers 

DraftKings commitment towards the frontline of offering online sports betting ahead of everyone didn’t guarantee them a leading position permanently.

Including PayPal as a payment option was highly-necessary for them if they were in it to strive in the business, especially against FanDuel, Caesars online casino and SugarHouse Sportsbook already applying it.

Consequently, synergy is created to level the turf. As we await for the first online sports betting revenue and assemble this week’s numbers in New Jersey, the climate still has places to go and let the competitors weather the storm before getting judged on September results, when DraftKings operations are eventually in place to face other challengers.

This web page is purely for entertainment purposes only, and may contain paid advertisements for online casinos, poker sites, and sportsbooks (including DraftKings, Fan Duel, and others.) When you play online or in person at casinos, you are always at risk to lose the money that you are wagering, and Bonus Seeker makes no claim or guarantee that you will win money. When gambling at a casino, only risk what you can comfortably afford to lose. You must be 21 years or older, and a US citizen to register at online casinos in New Jersey and other states in the US. Whilst we try to ensure that this information is correct, we do not warrant its accuracy or completeness. The information provided does not constitute advice and is intended only to provide general information. Bonus Seeker and its partners will not be responsible for any errors or omissions and we will not have any liability or responsibility for any loss that arises from any reliance placed on information obtained from this article including, but not limited to, the comments submitted by third parties. If you should require any advice for gambling-related problems, please CALL 1-800-GAMBLER.

© Copyright 2018 - All Rights Reserved. Privacy Policy