This analysis describes what DraftKings's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
A chargeback on any deposit causes users to lose not only that deposit but all associated contest winnings, resulting in significant financial consequences.
Interpretive note: The excerpt contains two independent propositions: (1) winnings are invalidated upon chargeback, and (2) the initial deposit amount is also invalidated. The canonical claim states the primary proposition; the second is recorded in omitted_material.
The updated terms establish that daily fantasy terms apply only to fantasy sports contests and explicitly exclude other DraftKings services like sportsbook, igaming, and horse racing. Illinois residents now face a minimum age requirement of 21 to open accounts and participate in contests, while the prior exception allowing 18-year-olds in Virginia who opened accounts before July 1, 2025 no longer applies. The terms now prohibit use of VPNs or attempts to disguise physical location while using the platform, treating such use as a terms violation. Additionally, DraftKings has reserved authority to transfer account funds across its affiliated platforms to meet regulatory or operational requirements without requiring advance notice for each transfer.
View change record →If you initiate a chargeback on any deposit, you will lose all contest winnings, which will be invalidated, forfeited, and deducted from your account balance.
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"If any deposit is charged back any winnings generated from DraftKings contests shall be invalidated, forfeited and deducted from your Account balance. In addition, the amount of the initial deposit will be invalidated, forfeited and deducted from the Account balance.Excerpt from DraftKings's Terms of Use
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A chargeback on any deposit causes users to lose not only that deposit but all associated contest winnings, resulting in significant financial consequences.
If you initiate a chargeback on any deposit, you will lose all contest winnings, which will be invalidated, forfeited, and deducted from your account balance.
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