Fliff Banking Guide 2024 | How To Redeem Fliff Cash

Last updated November 11, 2024

Fliff is the No. 1 social sportsbook in the United States. It's truly unlike any other sports betting app on the market, especially regarding deposits, withdrawals, and other money-related topics.

As a result, it's common for users to have some questions they need answered. How do I make a deposit into my account? How long do withdrawals take? Does Fliff pay out real money? Fortunately for you, we'll answer all these questions here today!

In this article, we'll provide a complete Fliff Banking Guide. We'll cover everything you need about payment options, prize redemptions, the cash-out process, and much more! Now, let's dive right in and get started.

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Fliff Banking Overview: Is Fliff Real Money?

The first thing you need to understand about Fliff is that it's not your typical “deposit and withdrawal” sportsbook. Fliff is not a gambling app, and users will not be able to add funds directly to their account or cash out winnings after every successful wager.

In fact, Fliff sports betting doesn't require the use of real money. That's right! Instead, Fliff operates using a dual-currency system that includes two different types of virtual tokens:

  • Fliff Coins: Fliff Coins are the app's “play-for-fun” currency. They hold no monetary value, cannot be exchanged for any real-world rewards, and are primarily used for entertainment purposes.
  • Fliff Cash: Fliff Cash, on the other hand, represents free entries into the sportsbook's promotional sweepstakes contests. Once you've won at least 50.00 Fliff Cash, you'll be able to redeem your winnings directly for a real cash prize. 1.00 Fliff Cash is redeemable for $1.00 in U.S. currency.

As a result, although players cannot deposit and withdraw real money as they would at traditional sportsbooks, we still have a lot to cover in this Fliff Sportsbook banking guide. That's because you'll be able to buy Fliff Coins at any time and also redeem Fliff Cash for real prizes once certain requirements have been met.

To give you a better idea of what to expect going forward, here are a few of the biggest pros and cons of Fliff's innovative and unique banking system:

Pros
  • Real Cash Prizes & Gift Cards Offered
  • Accepts Payments Via Debit/Credit Card & Online Banking
  • Allows Prize Redemptions Via Skrill & Online Bank Transfers
  • No Purchase Is Required
Cons
  • Does Not Accept Venmo or PayPal
  • Payouts Could Be Quicker
  • Will Not Receive Fliff Cash on Purchases in AL, GA, IA, KY, LA, MI, MN, MS, MT, or OH

Fliff Deposit Options & Payment Methods

If you'd like to buy Fliff Coins on the Fliff Sportsbook app or website, you can use any of the following payment methods:

  • Visa
  • Mastercard
  • American Express
  • Instant Bank Transfer

All payments are processed instantly, so you can expect the appropriate amount of funds to be immediately added to your account balance and available for use. Plus, all transactions are protected by advanced encryption technology, so you can rest easy knowing that your financial information will remain safe and secure at all times.

We should also clarify that it is not possible to buy Fliff Cash directly. However, you will typically receive free Fliff Cash as an added bonus when you purchase a Fliff Coin package.

That said, state-specific rules and regulations prevent those in Alabama, Georgia, Iowa, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Montana, and Ohio from receiving Fliff Cash during purchases of Fliff Coins. But it's still possible to earn Fliff Cash for free through daily bonuses, social media giveaways, and other in-game promotions.

Minimum Deposit Requirements

There really isn't a “minimum deposit requirement” for Fliff Social Sportsbook. However, the cheapest Fliff Coin package is currently available for $0.99, so you'll need to spend at least a dollar in order to purchase coins and add to your account balance.

Does Fliff Match Your First Deposit?

Yes! Fliff Sportsbook is currently providing a 100% match on your first purchase of up to $49.99. This means all new players will get double the regular Fliff Coin rates on their initial “deposit.”

For example, you can currently buy 1 million Fliff Coins for $49.99, and you'll receive $100 in free Flish Cash as an added bonus!

How To Deposit Money Into Fliff

Step-by-Step Instructions for Buying Fliff Coins

Are you ready to make your first Fliff Coin purchase so you can start making predictions on all your favorite sports and leagues? Just follow the four simple steps outlined below!

1 Head To the Shop

First, if you haven't already, you'll need to download the social betting app and log into your Fliff account. Once you're signed in, tap the “Shop” icon in the bottom right corner of your screen to visit the Fliff Shop.

Fliff
2 Choose Your Preferred Coin Package

Once you're there, you can go ahead and choose the Fliff Coin package that works best for you. There are options ranging from $1.00-$99.99, so you should have no problem finding a bundle that suits your budget and betting preferences!

Fliff
3 Select a Payment Method

Next, you'll need to choose your preferred payment method from the options provided. As it currently stands, you'll be able to use a debit/credit card (Visa, Mastercard, or American Express) or transfer funds directly from your bank account. Go ahead and enter your card information or link your bank account by providing all necessary information.

Fliff
4 Confirm the Purchase

Now, you're almost done! Look over everything, and if it all looks good, tap the “Purchase Now” button to confirm the transaction. The Fliff Coins and Fliff Cash will then be instantly added to your account balance and available for use. Enjoy!

Fliff

Fliff Withdrawal Options & Prize Redemptions

Once you've made enough correct picks, you'll be eligible to redeem your Fliff Cash winnings for a real cash prize. There are currently three different prize redemption methods available on Fliff:

Prize Redemption MethodMinimum AmountMaximum AmountProcessing Fee
Instant Bank Transfer$50.00$5,000.00None
Skrill$50.00$5,000.00None
Standard Bank Transfer$50.00$5,000.00None

Fliff Cash is redeemable at a rate of 1.00 Fliff Cash = $1.00 USD, and you'll only be able to make one Fliff Cash redemption request every five (5) calendar days.

Minimum Withdrawal Requirements

The minimum amount required to redeem is 50.00 Fliff Cash. So, before you cash out on the Fliff app, you'll need to have won at least $50.00 in Fliff Cash and met the 1x playthrough requirement (on a betting market with odds of -300 or longer) for your winnings to become eligible for “withdrawal.”

Can Fliff Coins Be Withdrawn?

No, Fliff Coins are just a play-for-fun currency. They cannot be withdrawn for real money, redeemed for any cash prizes, or converted into Fliff Cash.

However, we should mention that you can use Fliff Coins to complete daily challenges and earn experience points (XP). XP can then be used to purchase gift cards from all your favorite brands, including but not limited to DoorDash, Uber, StubHub, Chipotle, and Airbnb.

How To Withdraw Money From Fliff

Step-By-Step Instructions for Redeeming Fliff Cash

Are you ready to cash out your winnings and turn your Fliff Cash into real money winnings? Here are the steps you can take to do just that:

1 Open Your Account Menu

First, if you haven't already, you'll need to open the app and log into your Fliff Sportsbook account. Then, go ahead and open your account menu by tapping the “Profile" icon and then the three horizontal lines in the top right corner of your screen.

Fliff
2 Tap "Redeem Fliff Cash"

Once you've reached your account menu, proceed to tap the “Redeem Fliff Cash” option from the list provided.

Fliff
3 Choose A Prize Redemption Method

Next, you'll need to choose your preferred prize redemption method (Instant Bank Transfer, Skrill, or Standard Bank Transfer). We recommend the “Instant Bank Transfer” option since it's typically the fastest.

Fliff
4 Enter the Amount & Confirm the Transaction

Now, you're almost done! Just link your bank account or Skrill wallet, enter the amount of Fliff Cash you'd like to redeem, and tap “Submit” to confirm the transaction. Fliff's team will then review your request within 1-3 business days, and the funds will be delivered shortly after that. Enjoy your winnings!

Fliff

How Long Does Fliff Take To Pay Out?

Fliff typically processes all prize redemption requests within 1-3 business days. 

After that, if your bank is a part of the Real-Time Payments network (which includes Wells Fargo, Citibank, PNC Bank, and most other major financial institutions), you will receive the amount instantly. 

However, if your bank is not a part of the RTP network, then it may take an additional 1-2 days for the funds to be delivered.

If you ever have any questions or problems regarding your winnings being paid out, you can always contact the Fliff customer support team for assistance. You can reach them via email (support@getfliff.com), or you can send a message directly to their support staff on the website or app.

Fliff Banking FAQ

Can You Deposit Money on Fliff?

No. Fliff is a social sportsbook, not a real-money gambling app. You cannot deposit actual funds into your account, but you will be able to purchase Fliff Coins at any time and receive free Fliff Cash as an added bonus.

How Much Is 1 Fliff Cash Worth?

1.00 Fliff Cash is redeemable for $1.00 in U.S. currency. You'll just need to have a minimum of 50.00 Fliff Cash ($50.00) in your account balance before being eligible to request a prize redemption.

Can You Turn Fliff Money Into Real Money?

Yes! Fliff Cash can be directly redeemed for a real cash prize (1.00 Fliff Cash = $1.00 USD). However, Fliff Coins are just a play-for-fun currency and cannot be turned into real money or any other tangible rewards.

Is Cashing Out on Fliff Legit?

Yes! Fliff Social Sportsbook operates using an innovative sweepstakes model. This allows users to redeem their in-game currency (Fliff Cash" directly for real cash prizes once enough has been won and all other necessary requirements have been met.

Can You Convert Fliff Coins Into Cash?

No, Fliff Coins cannot be turned into real money or Fliff Cash. They are like “Gold Coins” at a social casino and are used for entertainment purposes only.

Peyton
Peyton Powell
Peyton is an huge sports fan and a graduate of the University of Louisville. He has always enjoyed playing, watching, and betting on sports. Born and raised in Kentucky, a state without any professional sports teams, he had to find teams to cheer for away from home. Peyton's favorite teams include the Los Angeles Lakers, Baltimore Ravens, and Boston Red Sox.