DraftKings Casino Banking CA

DraftKings Casino Banking CA

DraftKings became an instant and steadfast favourite upon its debut in Canada in 2022. In addition to an array of features, it was the DraftKings Casino banking system that shone the brightest due to its range.

DraftKings’ $5 minimum deposit limit has caught many players’ attention, while safe transactions, diverse payment methods, and efficient processing have kept them hooked. Read on to learn more about these and other benefits DraftKings casino offers to its members.

Introduction to DraftKings Casino

Launched in 2012, DraftKings has been an integral part of the global iGaming scene for over a decade. With a strong presence in several major markets, its success in the Great White North has come as no surprise.

Canucks were taken by 300 of its top-notch online casino games and great promotions, though a comprehensive Help Center and excellent customer support have also played a part in its success. Still, its online banking system with reliable payment methods and $5 minimum deposit limits has impressed me the most.

🎰DraftKings Casino CA
🏛️OwnerCrown DK CAN Ltd.
📅Launch year2022
📜LicenseiGaming Ontario
🎲Number of games300+
🧑‍💻Game providersDraftKings, Wazdan, NetEnt, Relax Gaming, Red Tiger, Northern Lights Gaming, Triple Edge Studios, Evolution Gaming, etc.
💳Deposit methodsVisa, Mastercard, American Express, Discover, PayPal, and electronic gift cards
💳Withdrawal methodsPayPal and cheques
🎁Welcome bonusN/A
📱Mobile appYes (iOS and Android)
💵Accepted currenciesCAD, USD (only when physically located in the US)

DraftKings Casino Minimum Deposit

User-centric deposit limits are one of DraftKings’ best features. The casino famously lets you deposit as little as $5, which is a rarity in the modern iGaming realm. Moreover, the rule applies to all available payment methods, so it works whatever your preferences and budget. I topped my casino account and dove into DraftKings’ rich gaming portfolio quickly after registering without issues.

Another plus is the possibility of setting your own deposit limits. The brand offers this functionality for daily, weekly, and monthly deposits across its three verticals. Options are wide and customizable, simplifying bankroll management.

DraftKings Casino Deposits

Canada’s DraftKings casino doesn’t work with the largest lineup of payment methods, accepting only several credit cards and PayPal. Still, transactions stay fast, smooth, and reliable across the board. You can find more information below.

Visa and Mastercard

As the most popular credit and debit cards in the sector, both Visa and Mastercard are available at DraftKings CA. Using these two deposit methods is just as straightforward as it is on any other online casino site, saving you from any extra hassle. All you need is a bank account and a physical card to connect to DraftKings casino.

The important point to remember is that only credit cards from these renowned payment companies function with the casino and sportsbook verticals. If you have a debit card, you’ll only be able to sync it with DraftKings’ DFS and Marketplace.

Discover and American Express

The same credit and debit card rules hold true for Discover and American Express users. You’ll be subject to $5 minimum deposit limits and credit card restrictions with these processors. The only difference I’ve found between these options was speed, but since it’s a matter of nuances, you’d likely not notice it at all.


PayPal is most Canadians’ go-to payment method at DraftKings casino. The popular e-wallet offers the best turnaround times and is secure and easy to use. The only nuisance I encountered was that you must open a PayPal account and connect it to your bank and online casino account to use this transaction method.

Luckily, the process is fairly simple and quick, so you shouldn’t struggle, whatever your experience with e-wallets. Plus, you’ll enjoy more anonymity and lower transaction fees than DraftKings’ credit card users.

Electronic Gift Cards

DraftKings’ deposit methods list includes electronic gift cards used via verified associated bank accounts or PayPal balances. These work on all available verticals and feature standard limits and fees. However, they can be confusing to get the hang of, so I don’t recommend them to newbies.

DraftKings Casino Withdrawals

DraftKings withdrawal methods list comprises only two solutions — PayPal and cheques. I found the former to be easier, mainly due to speed. Requesting the transaction was a breeze, complete with a few clicks and a pending time of five business days. Cheques typically take up to seven days to process and reach you, particularly if your withdrawal exceeds $2,000.

PayPal ranks slightly better when it comes to other terms and conditions, as well. It permits minimum withdrawals as low as $5 and maximum withdrawals of up to $60,000. Cheques, on the other hand, have a minimum withdrawal limit of $15 and a maximum of $50,000. Still, your choice should depend exclusively on your needs.

DraftKings Casino Bonuses and Promotions

DraftKings is famous for treating its users to various rewarding promotions. Unfortunately, Ontario’s official gambling regulations are highly restrictive regarding bonus advertisements, so I can’t share specific information about current offers. However, I assure you the site offers the standard casino gaming incentives and then some.

Besides the welcome package, my personal favourites have to be the referral and the rewards system.

  • Refer-a-friend bonus rewards you for inviting friends to join the platform by sharing a link or QR code with them.
  • The loyalty program, Dynasty Rewards, lets the most active players earn generous rewards for their achievements.

You can learn more about all DraftKings bonuses after you register an account.

DraftKings Casino Eligibility and Wagering Requirement

You must be at least 19 years old and physically located in Ontario, Canada, to open a DraftKings CA account. The registration process is straightforward, though identity verification can be somewhat tedious for beginners. Still, you must go through all the steps to gain full access to the casino games and real-money prizes. I recommend you complete this procedure sooner rather than later to minimize your first withdrawal pending time.

DraftKings imposes playthrough requirements on all deposits. Remember to check the DraftKings T&C and Promotions pages for specifics before you attempt to cash out your winnings to avoid issues.

Final Thoughts

DraftKings is no doubt one of the best online casinos you can join in Canada. The site is licensed and regulated in Ontario, available on mobile and desktop, and user-friendly across the board. Plus, it features a smooth and safe payment system in addition to fantastic promotions. If you don’t mind a smaller game collection, it’s the perfect place to start your online gaming adventure. Give it a shot and see how these claims hold up!


  • Does DraftKings need your bank account?
    All DraftKings payment methods require you to have a bank account to top your online casino account and cash out your prizes.
  • What payment methods are available for DraftKings casino?
    DraftKings casino accepts Visa, MasterCard, Discover, American Express, PayPal, and certain electronic gift cards.
  • Can you withdraw money from DraftKings at a casino?
    You can withdraw money from DraftKings casino using PayPal and cheques only.
  • How long does it take to withdraw from DraftKings casino?
    Most Draftkings casino withdrawals take up to five business days to complete. However, if you're using cheques for amounts higher than $2,000, your pending time may be up to two days longer.

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