How to Use Venmo on FanDuel

FanDuel Sportsbook & Casino is now accepting Venmo as a valid payment option for both deposits and withdrawals.

Customers in any of the states where FanDuel is legal can use Venmo to fund their accounts and/or withdraw money from their gambling accounts.

FanDuel is the first online sports betting and gambling operator to accept Venmo as a valid payment method.

Venmo has been one of the most popular online payment services in the US for the last decade. It is currently owned by PayPal, another popular online payment service that is already commonly accepted by many online gambling sites in the US.

Thanks to its quick and easy functionality, Venmo will be many FanDuel customers' preferred method for withdrawing funds. Here's how you can use Venmo to withdraw money from your FanDuel account.

How to withdraw money from FanDuel with Venmo

1. Open the FanDuel Sportsbook/Casino app and click, “Account,” in the bottom right-hand corner.
2. Next, tap on “Withdraw Funds,” and choose Venmo as your preferred payment method from the list of options.
3. Connect your FanDuel and Venmo account by following the instructions in the pop-up window.
4. Enter the amount you’d like to withdraw from the available funds in your account. (The minimum amount is $10-$25 depending on which state you are located in)
5. The first withdrawal request could take 24-48 hours to be approved. Once the request is approved you can expect the money to be in your Venmo account within one hour. All Venmo withdrawals following your initial withdrawal will be processed instantly.

Note: You will not be able to withdraw using Venmo, Debit Card, PayPal, or Prepaid Card unless you have deposited using that method in the past.

In addition to using Venmo for withdrawals, you can also use Venmo to deposit funds into your FanDuel account. Here's how you can use Venmo to deposit money into your FanDuel account.

How to deposit money to FanDuel via Venmo

1. Open the FanDuel Sportsbook/Casino app and click, “Account,” in the bottom right-hand corner.
2. Next, tap on “Add Funds,” and choose Venmo as your preferred payment method from the list of options.
3. Enter the amount you’d like to deposit into your account. (The minimum deposit amount is $10)
4. If you're using the FanDuel app and select Venmo, it will automatically launch the Venmo app after choosing your deposit amount. Select the “Agree” button, and Venmo will transfer the funds immediately, allowing you to get straight to betting!