FanDuel Sportsbook Review: Can You Bet on Sports with Bitcoin at FanDuel?
FanDuel is one of the biggest sportsbooks in the US. But as of early 2025, it does not broadly accept Bitcoin or any other cryptocurrency as a deposit method. Payment options center on Visa/Mastercard debit, PayPal, and online banking. That's it for crypto — it's simply not on the menu right now.
If you specifically want to bet on sports with Bitcoin at a licensed US sportsbook, you'll need to look elsewhere. Several legitimate, state-licensed operators do accept BTC. FanDuel just isn't one of them at this time.
What payment methods does FanDuel actually accept?
FanDuel's cashier covers the standard lineup for licensed US books: Visa/Mastercard debit, ACH/eCheck, PayPal, online banking via Trustly, Play+ prepaid card, and cash at the cage at partner retail locations. Fast, reliable, regulated — but no crypto cashier.
Which licensed sportsbooks do accept Bitcoin?
A few major operators have built a proper crypto cashier. DraftKings is the most prominent example — it accepts BTC, ETH, and select other coins across most of its licensed states. BetMGM and Caesars also offer crypto deposits in select regulated markets. Crypto deposits at these books typically clear in under 30 minutes once blockchain confirmations go through. Withdrawals run 24–72 hours including operator processing time. For a full ranked breakdown, see Best Sportsbooks to Bet on Sports with Bitcoin — Licensed US Picks Ranked.
How do these books compare head-to-head?
| Sportsbook | Bitcoin Accepted? | Licensed States (sample) | Crypto Withdrawal Time | Standard Vig (NFL sides) |
|---|---|---|---|---|
| FanDuel | No (as of early 2025) | NJ, NY, PA, MI, CO, IL and more | N/A | -110 (~4.5% house edge) |
| DraftKings | Yes (BTC, ETH, LTC) | NJ, NY, PA, MI, CO, IL, AZ, TN and more | 24–72 hours | -110 (~4.5% house edge) |
| BetMGM | Yes (BTC and select coins) | NJ, PA, MI, CO, IL, AZ and more | 24–72 hours | -110 (~4.5% house edge) |
| Caesars | Yes (select states) | NJ, PA, NY, MI, CO and more | 24–72 hours | -110 (~4.5% house edge) |
One thing worth noting: crypto does not change the odds. The same -110 vig applies whether you deposit via Bitcoin or a debit card. The house edge on a standard NFL side is roughly 4.5%. Paying with BTC doesn't move that number.
Does FanDuel's alternative lineup hurt you on speed?
Not drastically. PayPal withdrawals at FanDuel are among the faster non-crypto options. ACH takes 3–5 business days. Paper checks can stretch up to two weeks. Crypto at books like DraftKings is still the fastest cashout option, but it's not a night-and-day difference compared to PayPal if speed is your primary concern.
Is depositing with Bitcoin at a licensed book actually anonymous?
No. Full stop. Every licensed US sportsbook requires KYC — identity verification — before you can withdraw. Bitcoin does not bypass that process. If a site promises anonymity for US bettors, that's a major red flag. See Does Depositing Bitcoin Mean You Stay Anonymous When You Bet on Sports with Bitcoin? for the full breakdown. Also worth understanding the broader risk picture at Licensed vs Offshore Crypto Sportsbooks — What It Costs You When You Bet on Sports with Bitcoin Offshore.
How do you verify a sportsbook is actually licensed?
Go directly to your state gaming commission's website and check the published operator list. New Jersey: njdge.org. New York: gaming.ny.gov. Pennsylvania: gamingcontrolboard.pa.gov. Don't take a sportsbook's word for it — look it up yourself before depositing anything. Legality and crypto availability both vary by state, so confirm what's available where you're located.
What's the best move if you want to bet with Bitcoin right now?
Skip FanDuel for now and go to a book that has an actual crypto cashier. DraftKings is the most accessible option across the most states. Check out the DraftKings Review: How to Bet on Sports with Bitcoin at DraftKings for a step-by-step look at how its crypto cashier works. Standard welcome offers — like "Bet $5, Get $150 in bonus bets" type promos — generally apply regardless of deposit method at licensed books. Bonus bets are single-use and only net winnings (not the stake) pay out as withdrawable cash. Exact terms and availability vary by state and promotion.
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