How To Make A DraftKings Online Banking Deposit

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Making a deposit into your DraftKings Sportsbook account using online banking is a key step for many bettors. This process links your bank account directly to your DraftKings Wallet, allowing for a seamless transfer of funds. Our tutorial video below guides you through this process, but first, let’s understand the benefits and simplicity of online banking deposits on DraftKings.

Benefits of Using Online Banking for Deposits on DraftKings

Online banking deposits on DraftKings offer several advantages:

  • Convenience and Speed: Transferring funds from your bank account to your DraftKings Wallet is straightforward and quick. This convenience means you can start betting without delay.
  • Security: Online banking provides a secure way to transfer funds. DraftKings ensures your financial information remains protected during each transaction.

Preparing for Your Online Banking Deposit

Before making a deposit, ensure your online banking is set up and linked to your DraftKings Wallet. This preparation streamlines the deposit process.

Understanding the Deposit Process

Here’s a brief overview of what the process involves. Keep reading to get a full step-by-step walkthrough too:

  • Access Your DraftKings Account: Log into your DraftKings account to start the deposit process.
  • Navigate to the Deposit Section: In your account, find the deposit option and select online banking as your preferred method.
  • Choose Your Deposit Amount: Decide how much you want to deposit and confirm the transaction.

Maximizing Your DraftKings Experience with Efficient Deposits

Efficiently managing your deposits is crucial for a fulfilling DraftKings experience. Here are a few tips:

  • Plan Your Deposits: Align your deposits with your betting strategy to maintain a balanced approach.
  • Stay Informed: Keep abreast of any changes to DraftKings’ deposit processes or policies. This awareness helps avoid any issues.

DraftKings: A Platform for Diverse Betting Opportunities

DraftKings isn’t just about making deposits and withdrawals. The platform offers a wide range of sports and betting markets. This diversity ensures that every bettor finds something that suits their interests.

Making the Most of Your DraftKings Account

After making your deposit, explore the various betting options available on DraftKings. Whether you’re into major league sports or niche events, DraftKings has you covered.

Customer Support for Hassle-Free Transactions

Should you encounter any issues or have questions about online banking deposits, DraftKings’ customer support is ready to assist. Their help can ensure a smooth and stress-free deposit process.

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Step 1: Open Your DraftKings Account Balance

Once you have the DraftKings Sportsbook App opened and are logged in, the first step is to click on your account balance at the top right of the screen.

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Step 2: Select Your Deposit Method

That will take you to the deposit page. The second step is selecting your depositing method. In this tutorial, we will select the online banking option.

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Step 3: Enter the Amount You'd Like to Deposit

After selecting the online banking option, the third step is to enter the amount you want to deposit and the bank you use. When you select your bank, it will then bring you to a login portal. Enter your username and password to log into your bank account.

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Step 4: Select Your Bank Account

Once you have logged into your bank account, the fourth and final step is selecting the account you want to deposit from. To finalize your deposit, click the deposit button.

Congratulations, you have successfully deposited money into your DraftKings Sportsbook account using the online banking method!

DraftKings Online Banking Deposit FAQ

Can I use online banking to deposit at DraftKings?

Yes. Online banking is a convenient deposit option that allows you to connect your online bank account to your DraftKings account, and use direct transfer from your bank account as a payment method. DraftKings supports most major banking institutions with the online banking function, making it one of the more reliable deposit methods available at the sportsbook.

Is online banking a good payment method to use for DraftKings deposits?

Yes. Online banking is one of the more versatile and reliable DraftKings payment methods. Online banking allows to connect your online bank account to your online sports betting account, and deposit without using a debit card.

You can also use online banking to process withdrawals. Keep in mind that when you make your first withdrawal at DraftKings, you generally have to use the same method you used to make your initial deposit.

Does DraftKings need your bank account information to deposit with online banking?

No. The online banking payment options connects your online bank account directly to your DraftKings account, and you don’t have to provide any bank account information (like your account number). Online banking is one of the more convenient DraftKings Sportsbook deposit methods, and doesn’t involve the fairly significant rejection rate that comes with using debit cards or credit cards to make a deposit.

Can I make an online banking deposit using my PayPal account?

No, online banking and PayPal are two different methods you can use to fund a DraftKings betting account. You’ll see both methods come up on the deposit screen when you try to deposit funds at DraftKings Sportsbook.

What are the best payment methods to use for DraftKings deposits?

We recommend PayPal, online banking, or VIP Preferred eCheck for making convenient, reliable, and instant deposits at DraftKings Sportsbook. These options can also be used as withdrawal methods.

Credit card transactions, wire transfer, and cash deposit at the casino cage and other participating retail locations can also be used to make deposits at DraftKings Sportsbook.

Access our full library of DraftKings help articles for more information or read our detailed DraftKings review. You can also jump straight to our list of the best sportsbook promotions for your state.

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Griffin UlshGriffin Ulsh
Griffin Ulsh, a Journalism and Communications graduate from the University of Oregon, is the Customer Experience (CX) Manager at With a year at BH, Griffin transitioned from recruiting and sales in the book printing industry to customer experience with Betting Hero. He loves following college football and the NBA and enjoys digging into stats and insights for all sports to find stories to tell.