In recent years, PayPal has become one of the most popular payment options for online sports betting. Users can link their bank account and debit or credit cards to their PayPal account and easily make deposits and withdrawals from any of a vast number of online sportsbooks that accept this banking option.
You may have a few questions about betting with PayPal. What are the top online sportsbooks that accept PayPal? What are the advantages and disadvantages of betting with PayPal? How do I get started today? In this guide, we will answer all your questions and help you learn everything you need to know about PayPal sports betting!
Best Paypal Sportsbooks & Bonuses
| Visa Sportsbook | Welcome Bonus | Promo Code |
|---|---|---|
| Caesars Sportsbook | Bet $1, Double Your Winnings 10x | CLICK TO CLAIM |
| FanDuel Sportsbook | Get $350 in Bonus Bets Guaranteed – When You Bet $5 for 7 Days | Click To Claim |
| BetMGM Sportsbook | ||
| DraftKings Sportsbook | Bet $5, Get $100 In Bonus Bets Instantly | Click To Claim |
| Bet365 Sportsbook |
What Sports Betting Sites Accept PayPal Deposits & Withdrawals?
You have a wide range of options when it comes to online sportsbooks that accept PayPal for both deposits and withdrawals. Below are described in detail a few high-quality sports betting sites that deserve your consideration.
DraftKings Sporstsbook
One of the most popular options for PayPal betting is DraftKings Sportsbook. Deposits to DraftKings using your PayPal account are immediate and have a minimum requirement of just $5. In addition, PayPal withdrawals are available to all customers as long as you have a verified PayPal account with an existing balance on file and made an initial deposit to your DraftKings account via PayPal. DraftKings Sportsbook also offers frequent bonus opportunities to its users and has a top-tier mobile app.
FanDuel Sportsbook
Another option to consider is FanDuel Sportsbook. Deposits from your PayPal account to FanDuel are instantly processed, meaning you will be able to start placing wagers as soon as you would like. FanDuel withdrawals to your PayPal account are also fairly quick, and you can expect funds to be available within 48 hours. Furthermore, FanDuel Sportsbook has a variety of different bet types available and provides a very generous welcome offer to new customers.
BetRivers
You may also enjoy BetRivers Sportsbook. Both deposits and withdrawals from your PayPal account are extremely safe and secure when using BetRivers, and its customer support staff is also ready to offer assistance in case you have any questions, problems, or concerns. BetRivers Sportsbook also provides exciting promotional deals to new and existing customers, and it has one of the best customer rewards programs in the industry.
BetMGM
It should come as no surprise that the King of Sportsbooks takes PayPal as an option. BetMGM is a global leader in the gaming industry with resort and casino properties all over the world. They take payments in lots of different ways and in different currencies, which is another huge benefit to using PayPal around the world.
With our focus on US sportsbooks, we’re talking USD, but PayPal can easily be set up in the BetMGM Sportsbook App as your preferred method of deposit and withdrawal.
Caesars Sportsbook
While many might like Venmo or CashApp or something else, PayPal is one of the OG’s of the payment processing world. The OG in the sports betting world is Caesars, a brand that has been in operation since the 1937 in Reno, Nevada.
With a vast customer base and a true feel for what users prioritize when they sign up for a sportsbook, you had better bet that Caesars also uses the services of PayPal to make things easier for the mountains of transactions that are processed each and every day.
About PayPal Sportsbooks
There are a lot of choices when it comes to the best US sportsbooks. What that means for you as a consumer is that each and every operator has to find a way to stand out from the crowd. Some use daily and weekly promotions to do that. Others put forth a better sign-up bonus for new users.
Sportsbooks that accept PayPal are among the most popular. These PayPal sportsbooks make it easy for account holders to get money in and get money out. People used to say that “Cash is King”, but it sure seems like “Convenience is King” is more like it these days.
The ones that prioritize convenience seem to be the ones that do the most to stand out from their competitors. People don’t want to be hassled. They don’t want to have to try too hard. Think about our society and how things currently stand. We have smartphones. We no longer have to go to an internet café or fire up that dial-up modem to get an answer from Google. We don’t have to search feverishly for a quarter to find the nearest pay phone to make a call. We don’t even have to remember anybody’s phone number anymore.
Present-day society is built on speed, efficiency, availability, and convenience. That’s it. You don’t even have to leave home to get McDonald’s anymore. Somebody will deliver it to you.
Modern conveniences can be seen all over the world of sports betting. Imagine telling somebody 20 years ago that you would be able to place bets on something called an “app”. Imagine telling somebody 10 years ago that half of the United States would have access to legal sports betting. Imagine telling somebody that even five years ago!
Online sportsbooks that accept PayPal are ones that understand the value of convenience and the user experience. PayPal is a third-party payment processor that just about everybody has used at one time or another. It is a much safer means of moving money than giving out bank account or credit card numbers. People feel far more comfortable knowing that a payment processor is protecting their information as opposed to a sportsbook.
That’s not to say that sportsbooks are unsafe. Far from it. In fact, in the legal US sports betting industry with tons of government oversight, it is safer than ever before to bet on sports and your personal information is protected by top-of-the-line cybersecurity measures and encryption technologies.
But, sportsbook operators also understand that options for prospective depositors are a good thing and that is why a lot of sportsbooks let their users deposit with PayPal.
Not all states and sportsbooks take PayPal as a means of transaction, but a lot of them do and the number will only continue to grow as states with sportsbooks keep increasing.
Convenience has certainly been a buzzword here, but PayPal transactions are not only extremely simple, but PayPal is also very quick. It makes life easier for both the bettor and the book. If you deposit with PayPal, then your default withdrawal method is PayPal.
PayPal takes a nominal fee for credit card transactions, but most sportsbooks won’t have any fees for using PayPal. If you use your PayPal balance, you likely won’t incur any fees at all.
The beauty of PayPal is that once you request a withdrawal and get the funds from the sportsbook, you can simply withdraw them from PayPal direct to your bank account.
Pros & Cons of PayPal Sports Betting
There are many advantages of using PayPal to fund your online sports betting account. First, PayPal is widely accepted by sportsbooks in the United States. You will certainly have a hard time finding any betting site that does not allow PayPal deposits and withdrawals. In addition, PayPal is one of the most reliable and trustworthy payment platforms available to customers. You can always feel comfortable knowing your transactions are safe and your personal information is well-protected.
Furthermore, PayPal transactions are very convenient. Deposits from your PayPal account to a sports betting platform are almost always immediate, and PayPal withdrawals are among the quickest payout options offered to bettors. You will also find that PayPal’s customer service is fantastic, as they will be available 24/7 to address any concerns or answer any questions you may have regarding online transactions.
On the other hand, there are a few downsides to PayPal betting that are worth discussing. First, not all states and jurisdictions in the United States will allow for PayPal transactions to your online sportsbook account. Additionally, you may be charged small fees for PayPal deposits if you use a debit card or credit card to transfer funds from PayPal to your bank account. However, you can avoid these additional charges by directly linking your bank account with your PayPal account.
PayPal Sports Betting: How To Get Started
It has never been easier to get your PayPal sports betting experience started. Just follow the steps listed below, and you’ll be placing wagers in no time!
- If you have not already done so, you must sign up for an account with PayPal. First, visit the PayPal website or download the mobile app. Then, create an account by entering all requested information, completing the verification process, and linking your debit/credit card or bank account.
- Choose an online sportsbook that allows PayPal transactions and offers what your a looking for in a betting site.
- Sign up for an account with the sportsbook by providing personal information, verifying your identity, and using a promo code to claim a welcome offer (if applicable).
- Make your PayPal deposit by choosing the desired amount and signing in to your PayPal account when prompted to confirm the deposit.
- You will likely receive your funds immediately and can begin placing wagers on any sport or league available on the platform.
- When you are ready to withdraw funds, select the “Cash Out” or Withdraw” option and enter the amount you would like to have withdrawn to your PayPal account. The payout time will vary depending on the sportsbook, but you will likely receive your funds within a few days.
Choosing a PayPal Sportsbook
In addition to the payment options offered by a platform, you will likely want to consider many other important factors as well. These include welcome offers, daily and weekly promotional deals, customer service, bet types and sports available, availability across the United States, and much more. Some of the top PayPal betting sites and what they have to offer customers are displayed in the table below.
| PayPal Sportsbook | What It Has To Offer |
| DraftKings | -Wide Availability -Frequent Bonus Opportunities |
| FanDuel | -Fantastic and Reliable Mobile App -Great Customer Service |
| BetMGM | -Remarkable Live Betting Experience -User-Friendly Layout |
| Caesars | -Daily Odds Boosts -First Bet Offer |
| BetRivers | -Speedy Payouts -iRush Rewards Program |
| PointsBet | -Unique Form of Wagering Known as “PointsBetting” -Great Customer Rewards Program |
| bet365 | -Exciting Welcome Opportunity -Early Payout Offers |
| Tipico | -Personalized Customer Loyalty Program -Live Streaming of Games/Events |
| Unibet | -Smooth Deposits and Withdrawals -Amazing In-Game Betting Experience |
| Superbook | -Competitive Odds -Generous Offer to All New Customers |
Ultimately, choosing a betting site will come down to your personal preferences and what you value most in a sportsbook. Many sports bettors opt to sign up for multiple platforms, take advantage of their generous welcome offers, and shop around for the best odds while they figure out which option works best for them.
PayPal Sports Betting FAQ
All of the major online sports betting platforms in the United States accept PayPal for both deposits and withdrawals our recommendation is BetMGM sportsbook.
You will just need to choose a sportsbook that suits you, create an account, and make your first deposit by signing into your PayPal account and choosing your preferred amount. Then, you will be able to start placing wagers on all of your favorite sports and leagues.
Yes, all PayPal transactions to and from your PayPal account are extremely safe and well-protected when using any of the reliable sportsbooks mentioned throughout this article.
In addition to PayPal, sports bettors can commonly make payments using online banking methods, debit cards, credit cards, Venmo, PayPal, prepaid Play+ cards, ACH/e-check, and many other popular options.
