Funding a Fantasy Football Account Explained
Fantasy Football Funding and Deposit Methods Explained
People who are brand new to playing daily fantasy football may be unsure about the best way to fund their accounts.
Many daily fantasy football websites have a wide range of deposit options, which may include a debit or credit card, or the use of an online wallet, such as Skrill or PayPal.
Some fantasy football games even have a gift card system so you can add funds to your account via that method too.
If you are planning to play a lot of daily fantasy football it might be worthwhile keeping your funds separate to your other cash – so having another bank account or a dedicated online wallet at Skrill or PayPal can be beneficial so you can easily keep track of what you are spending and winning.
How to Set Up a PayPal Account
PayPal is one of the most popular fantasy football funding methods among players and it is currently the only available way to deposit money into DraftKings, which is one of the biggest operators in daily fantasy football. Some 179 million active customers use their PayPal accounts to make online payments.
Many people will already have a PayPal account for usage when shopping on the internet, but for anyone who has yet to sign up, the process is very straightforward and does not take long at all.
In fact, an email address and a credit card is all you need to get a new PayPal account up and running – it really is that simple.
Go to paypal.com and click the sign up button in the top-right corner of the screen.
You will then be asked to choose whether you want to set up a personal or a business account – a personal account will be suitable for your fantasy football funding needs.
Signing up to PayPal
The sign-up form should not take long to complete and PayPal will then email you to get verification of your address. You will have to click the link they send you to move on to the next stage in the sign-up process to get a PayPal account.
You will then be able to add your bank account and debit/credit card information to your PayPal account. PayPal works as a kind of middleman for your money. When you use PayPal to make a payment online, it transfers the money out of your account or takes it from your debit/credit card.
PayPal is a very safe way to fund your fantasy football accounts and it is very popular with players for this reason, as well as the fact it is very simple to use, while many people will have used it before on online shopping sites such as eBay.
Any rewards credit card can also be linked to your PayPal account, so you can still earn your preferred reward points or miles while playing your favourite daily fantasy football games, which is another bonus reason for using PayPal to fund your fantasy football games.
Other fantasy football funding options
PayPal is the main online wallet, but a lot of fantasy football fans also use Skrill to fund accounts.
Skrill – which used to be known as Moneybookers before changing its name a few years ago – works in much the same way as PayPal, but perks such as the Skrill Prepaid MasterCard make it a very appealing option.
There is also the chance to join the Skrill VIP programme, which offers users benefits such as lower fees and 24/7 customer support, while Skrill 1-Tap means payments can be completed fast.
Some fantasy football players will prefer not to use an online wallet like PayPal or Skrill at all and instead make deposits directly into their account with either their debit or credit card.
The beauty of funding your fantasy football accounts is that there is such a wide range of options available, so you can add cash to play daily fantasy football games however you prefer.