DraftKings Gift Card Deposits: Where to Buy DK Gift Cards

DraftKings gift card

DraftKings gift cards are a line of self-branded prepaid gift cards that bettors can use to fund their sports betting, daily fantasy, and casino accounts securely and quickly.

DraftKings Sportsbook gift cards provide the advantages of privacy and simplicity for bettors with cash on hand because they don’t require customers to share their private banking info. Instead, bettors can purchase DraftKings gift cards at stores nationwide and redeem them online for near-instantaneous deposits.

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How DraftKings Gift Cards Work

DraftKings gift cards work like generic prepaid gift cards but with 100% success rates after purchase. That’s in contrast to generic gift cards like the ones issued by Visa, which don’t always work when redeemed at DraftKings online.

Purchasing and using DraftKings gift cards is easy by comparison, and customers never have to deal with failed deposits.

Bettors can get started by visiting the gift card rack at the nearest retailer (more on locations below), selecting a $25- or $50-increment DraftKings Sportsbook gift card, and paying for it at the register like any other purchase.

After purchasing the gift card (or receiving one as a gift), users can launch the DraftKings Sportsbook app or visit the website to log in, select a deposit amount of $25 or $50, and choose the gift card option with the DraftKings logo as shown below:

DraftKings gift card deposit

The last step is to input the card number, expiration date, and CVV found on the back of the Draft Kings gift card.

Where to Buy DraftKings Gift Cards

Sales outlets vary by state, but generally, fans can buy DraftKings gift cards at stores like Walmart, Albertsons, CVS, Dollar General, 7-Eleven, Sheetz, and so on.

Bettors can visit the “DraftKings gift card near me” page at the official website to find the nearest retailer, but readers should note the list of locations is incomplete. Bettors have reported seeing DraftKings Sports gift cards for sale at Lowes, and BettingUSA editors have seen them at Kroger grocery stores. In our experience, any retailer with a decent gift card rack is a good place to look for DraftKings gift cards.

Can I Buy DraftKings Gift Cards Online?

DraftKings digital gift cards are no longer available. When DraftKings gift cards first launched, bettors could buy electronic versions online from PC Game Supply and receive delivery via e-mail. After receiving the confirmation e-mail, bettors could instantly redeem the DraftKings gift card online – all without visiting a retailer in person.

Additionally, customers could buy DraftKings gift cards online and pay with Bitcoin or Ethereum, which marked the first opportunity for customers to fund their accounts with cryptocurrencies.

Unfortunately, PC Game Supply has stopped selling DraftKings gift cards, and there’s nowhere else to buy them online. The end of DraftKings’ digital gift cards also closed off the only avenue for bettors to convert crypto into wagerable funds at DraftKings.

DraftKings management has stated they are interested in accepting Bitcoin deposits, but progress has been slow due to state regulations and federal KYC laws. However, several states have legalized online sports betting with laws that explicitly authorize cryptocurrency deposits, so not all hope in that direction is lost.

DraftKings Gift Card Pros and Cons

DraftKings gift cards have stark pros and cons that make them highly useful for some bettors and not so much for others.

Pros

  • Enhanced Privacy: Customers can fund their accounts without revealing their bank or credit card numbers to DraftKings or other payment processors.
  • Cash Friendly: DraftKings gift cards are the easiest way to turn physical cash into online betting funds.
  • Suitable for Gifting: DraftKings cards work well as gifts because anyone of legal age can buy them, and anyone with an account can redeem them for an instant bankroll boost.
  • No Fees: Bettors pay no fees when purchasing or redeeming DraftKings prepaid cards.

Cons

  • In-Person Purchases Only: The only way to buy a DraftKings Sportsbook gift card is in person at the nearest retailer. There was a time when bettors could buy DraftKings gift cards online, but that option no longer exists.
  • They Can Be Lost and Stolen: DraftKings gift cards function like cash in that anyone can redeem them online after purchase. If your DraftKings giftcard goes missing and you don’t have the card information to cancel it, anyone with an account can redeem it.
  • Low Limits: Another significant downside is that DraftKings gift cards are only available in $25 and $50 increments. Bettors can use as many cards as they want to deposit more, but they’re quite inconvenient for large deposits.

DraftKings Gift Card FAQ

DraftKings gift card deposits credit customers’ accounts nearly instantly. All gift cards are automatically activated upon purchase, so betters can redeem them online or through the app immediately after purchase.

Yes, but users must physically secure their gift cards because they function like cash. Gift cards become activated upon purchase, and anyone with a card’s details can use it to fund their account.

DraftKings also advises customers to write down their gift card information somewhere safe in case they lose it. The issuing bank cannot guarantee it can refund or replace lost and stolen gift cards, but there’s a much higher chance it can assist customers if they can provide the missing card’s details.

If the issuer can disable the lost or stolen card before it’s used, they issue the replacement for free.

Yes. Users who wish to make deposits larger than the $50 purchase limit can buy multiple gift cards.

No. Users can redeem their gift cards in increments to spread out their deposits as they wish. Bettors can track the remaining balance on any gift card by inputting the gift card number, expiration date, and CVV.

No. DraftKings gift cards are not exchangeable for cash and don’t work at ATMs or stores. Bettors may only use gift cards to fund their DraftKings accounts.

No. DraftKings gift cards are one-way deposit methods. Bettors who wish to withdraw must use a different method, such as electronic bank transfer, PayPal, Venmo, and Apple Pay.

No. Customers who fund their sportsbook accounts with gift cards may only use those funds on DraftKings Sportsbook, DraftKings Casino, or the Marketplace.

Customers who fund their daily fantasy accounts with gift cards may only use those funds on DraftKings Fantasy or the Marketplace.

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