Why underwriters look closely at fantasy sports
State-by-state legality
Paid fantasy contests are legal in some states, regulated in others and restricted in a few.
Gaming policies
Acquirers review fantasy under their gaming policies, with checks on location and age.
Deposit fraud
Stolen cards used for deposits lead to fraud chargebacks and bonus abuse.
A payment setup that fits
How we usually set up fantasy sports operators. Your consultant tailors it to how you actually sell.
- 1
Location and age checks
Confirm where players are, and that they’re old enough, before they deposit.
- 2
Player verification
Identity checks before withdrawals and on large deposits.
- 3
Deposits and withdrawals
Card and ACH deposits, with payouts back to the same method.
What you’ll need to apply
Have these ready and your application moves faster. Your consultant confirms the exact list for the processor you’re matched with.
- Government ID for every owner with 25% or more
- Voided business check or bank letter
- Recent business bank statements
- Recent processing statements, if you have taken cards before
- Articles of incorporation and EIN letter
- A website with clear pricing, refund, cancellation and contact details
- States where you operate and your legal basis
- State registrations or licenses where required
- Geolocation and age verification providers
- Responsible play and KYC policies
Why applications get declined, and how to avoid it
- Accepting players in states where contests aren’t allowed
- No geolocation
- No identity checks before withdrawal
We review your website, policies and statements against these before anything is submitted.
Keeping the account healthy after approval
Getting approved is half the job. These habits keep your account in good standing, and our platform tracks the numbers behind them for you.
- Block entries from restricted states automatically
- Verify identity before the first withdrawal
- Watch for repeated deposits from new cards on one account
Fantasy sports: common questions
Is fantasy treated as gambling?
It depends on the state and the contest format. Acquirers review it under their gaming policies, so your legal basis and state list matter.
Can we accept players nationwide?
Only where your contests are legal. Geolocation is how you show it.
What about sports betting?
Licensed sportsbooks need a gambling setup. See our gaming and gambling page.
What happens after I’m approved?
We keep working with you. Our platform gives you one view of every account, and we review your chargebacks, approval rate, fraud tools and fees with you so the account stays healthy and gets cheaper over time.