There are specific limits to each withdrawal method. Here are the limits: PayPal max withdrawal amount is $14,999.99, checks over $2,000 are sent via FedEx Priority Mail (but not if there is a PO box present). All other checks are standard mail. If you are making a withdrawal over $50k you should contact us at support@draftkings.com.

1. Draftkings Sportsbook Sign Up
2. Draftkings Sportsbook Tennessee
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1. SugarHouse Sportsbook SugarHouse makes available funds for withdrawal to a variety of methods. The sportsbook processes most withdrawals within 24 hours, but it can take up to 72 hours. Once approved, delivery time to the various withdrawal methods varies.
2. The Draftkings sportsbook resorts casino provides the user with an exciting time but being able to cash out with your earnings can mean that you are actually making money with the online casino. You have to have at least $20 in earnings or winnings in order to request a withdrawal from the banking section.

NASHVILLE, Tenn., Feb. 5, 2021 /PRNewswire/ -- Let’s say you bet on the big game through an online sports betting sportsbook and BAM!, you win. Now what? How do you get your winnings? The turnaround time on your cash is dependent on the sportsbook with whom you placed your bet.

However, in New Jersey it’s been found that some sportsbooks may not be completely on the up and up with cash withdrawals. The sports betting regulator in New Jersey, The Division of Gaming Enforcement (DGE) recently called out sportsbook operators for encouraging players to cancel their withdrawals and continue wagering.

There are four sportsbooks operating in Tennessee and all but one of these sportsbooks, Action 247, operates in New Jersey. While the regulators haven’t named any names, regulators in New Jersey found that some sportsbooks have been known to encourage players to cancel (or reverse) their withdrawals (winnings) in hopes they will begin wagering again. As of now, no Tennessee players have reported issues with the withdrawal process on any of these sportsbooks.

Players are allowed to cancel a withdrawal, if they choose to do so. But prolonging the process in hopes that someone will just give up and gamble more money or encouraging or enticing them to reverse their withdrawal request is completely unfair to consumers.

Know Your Withdrawal Options

If you live in Tennessee and you bet with one of the four operating sportsbooks, Action 247, FanDuel, DraftKings, and BetMGM, here are your withdrawal options:

Action 247 has partner locations in Tennessee, and because of this, they are able to boast almost instant in-person cash transfer times. Additionally, the average approval time for a digital withdrawal is 15 seconds.

DraftKings does not stipulate how long payment processing initially takes. The book does mention that it generally takes 2-8 business days after the Accounting Department processes a withdrawal for funds to appear in a user’s account.

At BetMGM, the internal review process can take up to five business days, though the sportsbook approves some withdrawals in as little as a few hours. Once processed, each method has a slightly different transfer rate.

FanDuel processes PayPal withdrawal requests within 48 hours. Online banking takes 2-4 business days and checks arrive within 7-10 business days.

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Let’s break it down even further:

If sportsbooks intend to stay in business, they will have to play by the rules and consumer fairness and responsible gambling go hand in hand.

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SOURCE Action 24/7