Sportsbooks and Betting that accept PayPal Deposit USA
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Used to be a croupier on various cruise ships
Used to be a croupier on various cruise ships
Ben Cain has always enjoyed the buzz of the casino, completing his croupier training at a relatively young age. After a lengthy career working at casinos on various cruise ships, he traded a life on the sea for a life as an editor in 2018. Now, he’s using the knowledge he picked up as a croupier to provide the best casino & betting strategy tips around.
If you’re looking for an online betting site with an easy method to deposit and withdraw your money, you might want to check out betting sites that accept PayPal. They’ve done the heavy lifting and set up a simple and quick way to fund your betting account and withdraw your winnings.
So, while there are a plethora of gambling sites with deposit options like credit cards and prepaid cards, we think that you’ll be pleased with what we’ve come up with as an alternative. Take a look at our full review below to find your ultimate sportsbook that accepts paypal.
The first step is to check your betting site deposit options and decide which bookie makes an impression on you. Then it’s time to set up your account and simply start betting on sites that use PayPal.
Open an account
Before you can start using PayPal as a payment option (for the sportsbook of your choosing), you’ll first need to set up an account with PayPal itself. It’s quick and simple though – they will want to see some credentials and a verified payment method, be it linking a credit/debit card or even directly with your bank account.
Verify Your Identity
It goes without saying that PayPal will need to prove you say who you are, so this will happen through an electronic database check. They might also ask you to send them a copy of your government ID or proof of address.
Deposit with Paypal
Make your way over to the cashier page on your sportsbook, select ‘PayPal’ and the amount that you would like to deposit. The site will then transfer you back to PayPal, so you can enter and verify your login details to enable sign-in. Next, confirm the transaction, and the sportsbook page will appear again. It should show a successful deposit. And now you’re good to go!
A little more about PayPal
Previously called Confinity, PayPal was founded in 1998 and struck the market at just the right time. Many new online enterprises were launching thick and fast, and convenient payment methods were in demand. PayPal seamlessly filled this gap and quickly grew to 2.6 million customers in its first three years.
It became synonymous with another rising star, eBay. It was the fastest and most convenient way to pay sellers or accept payments. The two companies came together in 2002 when eBay bought PayPal, and the user numbers grew to 100 million.
It was during this period that PayPal was experiencing difficult relationships with offshore gambling sites. Many operators wanted to offer the PayPal service, but the US government wanted to put a stop to offshore gambling and targeted betting sites with PayPal.
Betting sites that accept PayPal were then denied the rights to use the payment service as they ceased all activity with either offshore or unauthorized operators. By 2014 it went on to focus on peer-to-peer transactions, cryptocurrencies, and other lucrative international markets.
The business has continued to expand, and today, many a U.S. sportsbook that accepts PayPal is available to anyone over the legal age, meaning you won’t have to fall back on sports betting with Visa in the USA since there are a plethora of legal betting websites to now choose from that accept PayPal.
PayPal deposits & payouts – know the fine print
Its become somewhat of a known fact that the benefits of using a sportsbook that accepts PayPal are simply topped by lightning-fast transaction times. However, we strongly recommend checking the T’s & C’s for your sportsbook because not all PayPal betting sites offer the same processing times, and some do have internal approval schemes. There are also some general rules for the amount of time a deposit or withdrawal should take at betting sites with PayPal.
Almost all sportsbooks will offer instant payment methods through PayPal and transactions can take anywhere from 2 to 10 minutes. Worst case scenario, it may take 24 hours – although this is rare. This seamless process makes it hard to ignore in weighing up the benefits of placing immediate bets.
Payouts are super fast on betting sites with PayPal, although they do depend on verification from the sportsbook. Typically, operators can process withdrawals within 24 to 48 hours. At most, you can expect to wait for 3 to 4 days before the money is in your account, but that certainly isn’t the norm for PayPal betting sites.
Verifying your PayPal account – almost ready to play!
Just like U.S. sportsbooks that accept MasterCard, sports betting sites that accept PayPal will naturally require verification. It’s important to note that there are some important steps to go through before your PayPal account is fully operational.
In the account creation stage, you will need to supply enough information about yourself for a complete check to be conducted on the national database. Your name, address, and date of birth, social security number, or tax ID might be required to help the verification process at betting sites with PayPal.
In many cases, this information is sufficient; however, there may be times when you will be required to upload an electronic copy of your ID to your PayPal account. Accepted forms of identification include a passport, driver’s license, or government ID card.
Once added, Paypal will confirm that the verification is complete, and your account will be fully active! From this point onwards, you can link your payment method to any sportsbooks that accept PayPal – and Bob’s your Uncle!
Benefits of betting sites that accept PayPal
Accepted for online betting: PayPal is one of the most widely accepted e-wallet providers at US sportsbooks in 2021. Most legal sports betting websites in the US now allow PayPal payments as standard. You can also make mobile sportsbook transfers through the PayPal app.
Instant deposits and quick withdrawals: You can enjoy instant deposits at sports betting websites that accept PayPal. Your funds will appear right away when you move them from your PayPal e-wallet.
PayPal cashouts can take a couple of hours to up to a day to appear. That’s much quicker than making a withdrawal to a bank account or debit card. You can also avoid PayPal fees when you move money to a US bank account.
Anonymous online payments: Many US sportsbooks still can’t process credit and debit card payments, even in regulated states like New Jersey. The issue is not with the sportsbook but with banking and financial institution wrongly blocking the transactions.
That’s why it’s great to sign up to sports betting websites that accept PayPal. You can fund your PayPal wallet with a debit or credit card, then transfer the cash anonymously to your sportsbook account.
Claim a PayPal credit card: PayPal now provides its own range of debit, credit, and prepaid cards. You can earn 2% cashback on PayPal MasterCard cards, or claim customer points on purchases with your PayPal Extras MasterCard.
Since its [PayPal] launch, sports betting with PayPal in the USA became increasingly popular. Not only because it added a degree of anonymity (more so than sports betting with American Express), but it was also one step removed from directly linking a credit card or bank account. We think it goes without saying that in terms of ease and security, this preference really is a no-brainer.
How PayPal compares to its competition
Thanks to its history, being able to bet with PayPal is now legitimate, as authorized operators have embraced the upward trend. It’s a sign of trust for many gamblers, which ultimately benefits the brand as well as for the affiliated operators.
When sports betting with PayPal in the USA, it’s simply considered (and rightly so), a secure and trusted payment option. Suffice to say that any sportsbook that accepts PayPal is often considered more convenient than sportsbetting with a PaySafecard in the USA.
Sportsbooks that accept PayPal often allow for quicker withdrawals. And it’s significantly more widely accepted than U.S. sportsbooks that accept Venmo. The speed and convenience of PayPal are simply some of its best features.
This also means that you don’t need to disclose your actual bank details to the [betting] operator, or any other retailer that accepts PayPal for that matter. When it comes to betting at a sportsbook that accepts paypal, there are, however, one or two small drawbacks.
Firstly, it must be noted that once you withdraw money from a sportsbook, it doesn’t go bank into an actual bank account. This means that you will have to complete one more step before withdrawing your cash, although you’re also free to spend it elsewhere else on the web with PayPal. The other downside is that you will have to fork out some of your winnings for PayPal commissions and charges – but they will be crystal clear about those costs upfront.
Most popular deposit & payout methods
Deciding to place bets with any payment method can be daunting, as we are all aware that financial security is paramount. But choosing a reputable operator doesn’t need to be a concern, though.
When the top operators are compared and reviewed on this site, it isn’t solely based on whether it’s a U.S. sportsbook that accepts PayPal, or a betting site where you can pay by mobile. One of the most critical factors is the security and safety of payment processing.
Before choosing a betting site that accepts PayPal or sports betting with prepaid cards in the USA, use these guides to understand the most popular payment methods, and feel comfortable choosing the right operator for them. If sportsbooks that accept PayPal are what’s needed, then you’re in the right place to get the full lowdown on how to get set up with a PayPal account in record time.
Can PayPal be used at all online sports betting sites?
PayPal is accepted at the majority of legal sportsbooks in the US in 2021. You can transfer as little as $10 into your sportsbook account with a PayPal deposit, or as much as $5,000 a day. U.S. sportsbooks that accept PayPal typically use it as a default deposit and withdrawal option. There are various payment methods, such as sports betting with Apple Pay in the USA that can only be used to deposit; but PayPal isn’t one of them.
What is the transaction speed when using PayPal?
Deposits are usually instant with online bookies that accept PayPal. Withdrawal requests usually take around 24-48 hours to process. Although sports betting with PayPal in the USA is almost as common as betting sites that accept debit cards, it is becoming increasingly popular.
Are there fees for using PayPal?
Typically, it is free of charge when you transfer cash from your PayPal digital wallet to a sportsbook. There are some exceptions to the rule though. Funding a PayPal account using a credit card charges a 2.9% charge and a fixed fee and withdrawals will also be subject to a commission.
How much can I deposit using PayPal?
We cannot stress enough how important it is to be aware of the minimum and maximum deposit amounts. This dictates how much you can add to one transaction. This usually starts at $10 but varies depending on the operator. There are also minimum and maximum amounts for withdrawals, which you can read about further down in this review.
Can I withdraw my winnings to PayPal?
Yes. However, you can only withdraw money to a PayPal e-wallet if you used one to make a deposit. This is to avoid money laundering and any accusations of fraud. Since PayPal is offered by sportsbooks and online casinos as a quick withdrawal method, the process for transferring winnings is relatively simple.
Can I still get my bonus using PayPal?
Often, yes. However, PayPal isn’t always excepted as a payment method when you try to claim a welcome bonus. It’s worth checking the bonus terms and conditions before you open your online gambling account.
What is PayPal? – Your trusted betting site offering
Finding betting sites that accept PayPal or online casinos with debit card payment options is something that almost everyone looks for when opting for a bookie. Whether you are sports betting with PayPal in the USA or gambling using a credit card, you want options that suit you, but more importantly, you want your money to be safe and secure.
There is, however, a particular focus on payment options for customers gambling in the US, and a good reason for it.
Sports betting has come a long way in the USA
When this kind of online transacting became very popular in the early 2000s, it caused some unwanted controversy. When the story blew up, betting sites that accept PayPal disappeared almost overnight, and other payment options now had a new competitor to contend with.
In the meantime, the Unlawful Internet Gambling Enforcement Act (UIGEA), which focuses on the processing of payments, also started prohibiting businesses from accepting transactions associated with illegal online gambling or sports betting with PayPal in the USA.
In more recent years the laws around gambling have changed significantly, as different states started to introduce their own legal online betting legislation, PayPal could be used again, although not if the operator was based offshore or in a territory where gambling was illegal.
Betting with PayPal is one option for sure, however, it’s important for those who use offshore accounts to remember that the banks almost always have restrictions on transactions with casino and sportsbook operators. This means that certain credit or debit cards could very well be declined when used to make a deposit.
Any U.S. sportsbook that now accepts Paypal as a method of payment is now a guaranteed sign of trust. However, it’s worth remembering why these restrictions have been put in place; which is to make sure that legitimate operators and trusted payment methods are used at all times with PayPal betting sites.
Boosting your bankroll – work smart for better winnings
Although using PayPal won’t directly affect the outcome of a sports bet, it can definitely be your first step towards success. Now you might think that learning about your bankroll is boring, but we can assure you that it’s one of the most important factors to becoming a world-class online bettor.
The biggest mistake most people make when it comes to bankroll management is simply not having a big enough bankroll. Most people start off betting with a certain amount and then push the limits with games that are far too high-stake for their overall bankroll. Never deposit and use your entire bankroll at once – you should only play in games at 1% of your bankroll.
Boosting your bankroll is easier than you think – start off by looking for the many promotions and bonuses that are offered by your sportsbook. Signup or welcome bonuses are offered by virtually every sportsbook, and there should be other offers that pop up that you should most definitely take advantage of. Make sure you understand the terms and conditions for each site – there might be a few catches, but it’s guaranteed to give your bankroll a nice boost.
Conclusion – A Sportsbook that Accepts Paypal is the Obvious Option
PayPal sports betting is here to stay in the United States. If you’re looking to get into the betting action and want a safer experience, you’re probably going to be a big fan of PayPal betting sites. These sites offer you a quick and simple way to load money online and a headache-free way to claim your winnings. To get started, just select one of the PayPal betting sites we’ve recommended at the top of the page, and get a slice of the action today!
Whether you’re a small-time punter or a serious bettor looking to take advantage of the best odds and bonus offers out there, there is the right sports betting site accepting PayPal out there. So, suffice to say that if you reside in any of the US states where sports betting is legal, you’ll have a great range of legal sportsbooks offering PayPal as well as some of the fastest payout online casino operators using the banking option. The choice is yours whether to bet on regular or daily fantasy sports, PayPal is a great banking option for either. It’s safe, it’s convenient, it’s quick, and it’s anonymous – so it’s actually just the obvious answer to better transacting on betting sites using PayPal.
No. Generally speaking PayPal can only be used in jurisdictions where gambling is regulated. This can all affect how efficiently you fund your bets and get paid your winnings while online gambling in the US. There are many PayPal betting sites that give you an easy way to move your money around. Take a look at our list of the best US betting sites to see which of these are sportsbooks that accept PayPal.
✨ Are There Any PayPal-Specific Bonus Codes?
At the time of writing this review, none of the sportsbooks offer PayPal-specific bonuses for which you would need a special bonus code. If any of the betting sites accepting PayPal start offering this option, we will make sure to update this section with all available bonus codes.
✅ How do you use betting sites PayPal?
Getting started with PayPal is really easy so even if you don’t have an account, you won’t have any problem using this banking option for online sports betting.
Like most e-wallets, PayPal acts as an intermediary between your bank account or credit cards, and the online sportsbook, allowing you to make a deposit or withdrawal without entering your banking information.
In this section, we’ll explain how to move money on and off your online sports betting account using PayPal.
☝ Can I trust PayPal betting sites?
You’ll find that most PayPal betting sites offer a completely honest and legitimate service. Despite this, there might be a minority of betting sites with PayPal that could be less than satisfactory. So this is why you should always check to see that any PayPal betting sites are included in our shortlist of the best US betting sites. If they are, then this means that they are one of the trusted betting sites with PayPal.Take a look at our leaderboard of the top US sports betting sites, you’ll find many decent betting sites with PayPal. All of which will give you a swift and safe way to make deposits and withdrawals.
🏀 What are the best PayPal sports betting sites?
There’s a lot of debate about which are the best betting sites with PayPal. After some PayPal betting sites will put on a superior football betting service, while some betting sites with PayPal will focus on other sports like basketball or hockey. All of this is covered in our shortlist of the top betting sites in the US, along with top US betting bonuses. By checking out this list you’ll quickly see which are the best PayPal betting sites for your favorite sport.