Depositing with Venmo - Overview (US)

Timing

• Venmo deposits process immediately. 

Requirements

• An ID verified DraftKings Sportsbook or Casino account is required.
• An ID verified personal Venmo account that matches your associated DraftKings account information, with an existing balance on file is required.
• The Venmo account used to deposit must be in your name.

Limitations

• In order to use Venmo on a desktop or laptop, players must make a successful deposit via the DraftKings app first. Once players make a Venmo deposit via the DraftKings app, they will see the option to deposit with Venmo via desktop or laptop experiences.
• An initial Venmo deposit is required to withdraw using this method.
• Venmo isn't permitted in all jurisdictions.
• Players can deposit up to $4,999.99 per transaction and up to $19,999.99 per week with a verified Venmo account.
  • Players with unverified Venmo accounts can deposit up to $299.99 per week.
• Deposits must be done via the DraftKings app or mobile web. You must be logged into your DraftKings account in order to deposit with Venmo.
  • Please note: DraftKings doesn't accept Venmo transfers via the Venmo application due to the risk of lost deposits and transferred funds.
• Learn more about Venmo payment limits.  

Step-by-step Instructions

1. Log in to your DraftKings app or website.
2. Select Venmo as your payment option.
3. Enter the amount you want to deposit and tap the Venmo button to complete your deposit.
4. Authorize DraftKings to charge your Venmo account by tapping the Agree & Complete button.
   • Note: In order to use Venmo on a desktop or laptop, players must make a successful deposit via the DraftKings app first. Once players make a Venmo deposit via the DraftKings app, they will see the option to deposit with Venmo via desktop or laptop experiences.

Contacting Venmo:

• Venmo Phone Support: (855) 812-4430 (M-F, 10:00 a.m.-6:00 p.m. EST)
• Venmo Customer Online Support 

Frequently asked questions