Fantasy Sports Banking

November 30, 2015
Fantasy Sports Banking December 7, 2015 Fantasy Sport

banking optionsFantasy players do not have to deposit funds at fantasy sports websites as almost all of them offer free fantasy games.

The best of them also offer freerolls with real money prizes.

However, players who are serious about making money playing fantasy games must take part in the paid contests, in order to do this, they need to deposit funds in their accounts.

Deposit Methods

Loading one’s fantasy sports account with cash is easy because playing fantasy sports does not constitute gambling is most of US and in Canada. Fantasy sports sites allow players to fund their accounts using credit/debit cards and alternative payment methods such as Skrill, PayPal, and Neteller.

Here is a brief overview of some of these methods.

PayPal – PayPal is an electronic payment system that consumers worldwide use to make and receive payments for goods and services. PayPal allows customers to send and receive funds from any part of the world by using just an email address.

To use PayPal, fantasy players have to first create a PayPal account, and this is very easy and free to do. Although opening a PayPal account is free, players will be charged for receiving funds and transferring them to their bank account. PayPal is an easy, hassle-free, legal, reputable, secure, and instant way to transfer funds to your fantasy sports account.

All the fantasy sports websites we recommend allow players to deposit funds using PayPal.

Credit Cards – If players store their credit card details at their fantasy sports site, they can always use this stored information to quickly reload their accounts whenever they please. This will save them from losing valuable opportunities to purchase entry to interesting fantasy sports contests.

The best fantasy sports sites out there accept payments through major credit/debit cards such as MasterCard, VISA, American Express , and Discover. Depositing funds through credit/debit cards is free, instant, and secure. However, players should realize that credit/debit cards are not the best way to withdraw winnings. Most fantasy sports sites cannot credit winnings back to players’ credit/debit cards although some of them may be able to credit back to the card an amount equal to the original deposit.

Skrill – Skrill is a popular electronic payment system, especially for non-US fantasy players. Using Skrill is just as safe, secure, quick, and convenient as PayPal.

Fast Payouts

We recommend to our players only fantasy sports websites that are serious about processing withdrawal requests and paying out winnings at the earliest possible. We are aware that nobody likes to wait for their winnings for an indefinite period of time. The fantasy sports sites we recommend see to it that players receive their winnings in just one business day. If you request a payout at DraftKings or FanDuel in the morning, you are sure to receive your money in the evening. These fantasy sites are that fast.

Customer service is also excellent at the fantasy sites we recommend. If you do not get your money within the promised time, you can always contact a customer care representative who will solve the problem in a jiffy. Customer care representatives at our recommended sites are friendly, courteous, and willing to assist.

Fantasy sports sites credit winnings through the same method used to deposit funds. If you made a deposit through PayPal, you will receive your winnings through PayPal. You can then transfer your winnings to your personal bank account through PayPal. In case a fantasy sports site is not able to credit winnings back through the same method, it will prompt players to select another withdrawal method.

Thanks to the fact that fantasy sports websites are as secure as banks and process payouts quickly, fantasy players can actually relax and focus on taking part in their favorite fantasy sports contests.

Fantasy Sport

Fantasy Sport Administrator

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