The agreement states that all payments are final and no refunds will be issued. If a deposit is charged back, all winnings generated from that deposit are invalidated and forfeited, the original deposit amount is deducted from the account balance, and DraftKings may close the account without notice.
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
This provision establishes a no-refund policy for all deposits and authorizes DraftKings to forfeit winnings, deduct the original deposit, and close the account without notice if a chargeback is processed on any deposit.
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 →The provision was significantly expanded to consolidate the chargeback policy (previously separate), removing the identity dispute language and adding detailed consequences for chargebacks including account closure without notice.
View full change record →Under this clause, all deposits are non-refundable, and a chargeback on any deposit triggers forfeiture of all associated winnings and the original deposit amount, plus potential immediate account closure without prior notice. A separate provision allows reimbursement requests for international transaction fees charged by the payment processor.
Cross-platform context
See how other platforms handle No Refund Policy and Chargebacks and similar clauses.
Compare across platforms →"All payments are final. No refunds will be issued. 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. DraftKings reserves the right to close your account - without notice - shall a deposit be charged back.Excerpt from DraftKings's Terms of Use
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This provision establishes a no-refund policy for all deposits and authorizes DraftKings to forfeit winnings, deduct the original deposit, and close the account without notice if a chargeback is processed on any deposit.
Under this clause, all deposits are non-refundable, and a chargeback on any deposit triggers forfeiture of all associated winnings and the original deposit amount, plus potential immediate account closure without prior notice. A separate provision allows reimbursement requests for international transaction fees charged by the payment processor.
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