Fanduel Venmo
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How to Use Venmo on FanDuel

Jul 23, 2024

FanDuel is now accepting Venmo for deposits and withdrawals! Keep reading to learn how to use Venmo to make withdrawals and deposits on FanDuel!

Ian Rutherford
Senior Editor

FanDuel Venmo

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.

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FanDuel Venmo Withdrawal

Fan Duel Venmo Withdrawals

Withdraw money from you FanDuel account via Venmo

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.

FanDuel Venmo Withdrawal Time

Ian Rutherford
Ian Rutherford - Senior Editor

For your account security and protection, withdrawal requests can take up to 48 hours for approval.

Once approved, Online Banking, Debit Card, Venmo, PayPal, and FanDuel Prepaid Play+ withdrawals will process in as little as one hour (but can sometimes take up to five business days, depending on the bank.)

FanDuel Venmo Deposit

Fan Duel Venmo Deposits

Deposit money to your FanDuel account via Venmo

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!

FanDuel Venmo Deposit Time

Ian Rutherford
Ian Rutherford - Senior Editor

Your funds should be instantly available on FanDuel after making your deposit via Venmo.

FanDuel Venmo FAQ

Does FanDuel accept Venmo?

Yes. FanDuel Sportsbook & Casino customers can now use Venmo as a valid payment method in every state it operates in.

How long do withdrawals take on FanDuel when using Venmo?

Withdrawals that are made from your FanDuel account with Venmo can take up to 48 hours to be processed. Once the withdrawal request is approved, the funds will be available in your Venmo account within one hour.

How long do deposits take on FanDuel when using Venmo?

Deposits made using Venmo are typically instantly processed and the funds will be available for use right away.