It’s always nice to see when a sportsbook offers several different banking options, ensuring that nobody gets left behind. As two of the biggest names in the industry, both Bet365 and DraftKings offer a quality selection that differs just enough to make this an intriguing comparison.
Bet365: Bet365 provides several deposit options that most Canadians have come to know and love, including Visa, MasterCard, American Express, Interac, Apple Pay, PayPal, InstaDebit and even Paysafecard for those who prefer prepaid vouchers.
Deposits are processed instantly while Bet365 withdrawals can take anywhere from one hour up to five business days. Interac, PayPal and InstaDebit withdrawals are the fastest, often completed within hours.
However, card and bank transfer withdrawals may take up to several business days. The minimum deposit and withdrawal amount is just $10, with maximum limits varying by method; for instance, bank transfers allow the highest withdrawal limits of up to $50,000.
DraftKings: DraftKings also accepts various deposit methods, including Visa, MasterCard, American Express, Interac and e-wallets like PayPal. However, they offer a couple of payment options that Bet365 does not: Skrill and Play+.
Skrill is one of the world’s top e-wallets and Play+ is an efficient prepaid card that’s becoming increasingly popular. Having these two options available was a pleasant surprise, to say the least.
Additionally, DraftKings carries a lower minimum deposit than Bet365 of just $5, making it slightly more accessible to bettors. Aside from that, deposit and withdrawal times generally align with those of Bet365 with limits varying depending on the method.
Payment Method
|
Bet365
|
DraftKings
|
Visa
|
✓
|
✓
|
Mastercard
|
✓
|
✓
|
American Express
|
✓
|
✓
|
Interac
|
✓
|
✓
|
PayPal
|
✓
|
✓
|
Skrill
|
✘
|
✓
|
Apple Pay
|
✓
|
✘
|
InstaDebit
|
✓
|
✘
|
Play+
|
✘
|
✘
|
Bank Transfer
|
✓
|
✓
|
Winner: Bet365
Both Bet365 and DraftKings provide a solid range of methods for Canadian users, but Bet365 offers a slightly wider selection.
Even though it was great to see that DraftKings offers Skrill and Play+, Bet365 countered that with the inclusion of Apple Pay, InstaDebit and Paysafecard, none of which are available at DraftKings. While DraftKings has a slightly lower minimum deposit, it’s not enough of a difference to make that much of an impact.