PayPal payment pros and cons
Pro and Con
- Speedy deposit times
- Easy withdrawals
- Accessible on many sportsbooks
- Withdrawals aren’t always accepted
- Fees may apply
Prefer to watch rather than read? Then you need our PayPal betting video guide!
Best Betting Sites That Accept PayPal 💵
Where to find Betting Sites and Sportsbooks with PayPal?
Before you can begin taking advantage of the great bonuses, odds, and betting markets of your chosen PayPal sportsbook, you first need to sign yourself up with a reputable payment platform. Thankfully, that’s as easy as 1, 2, 3, and we’ve detailed the steps below.
You cannot just start using PayPal as a payment option (for the sportsbook of your choosing). You’ll first need to set up an account. It’s quick and simple; once you input some basic personal details, PayPal will require you to link a verified payment method to fund your account. Whether this is your bank account directly or a debit/credit card is up to you.
As with any online payment provider, confirmation and verification checks will need to be completed before you can officially deposit funds into your account. PayPal opts to perform this via an electronic database check. However, if any problems arise, they might also ask you to send them an additional form of identification or proof of address.
Make your way over to the cashier page on your betting sites that take PayPal, select ‘PayPal’ and the amount you would like to deposit. Your chosen sportsbook will automatically transfer you back to PayPal, requiring you to enter and verify your login details. Next, confirm your sportsbook transaction, and the sportsbook page will appear again. With your deposit approved, you should now be loaded and good to go!
Withdrawal and deposits with PayPal – What to expect from your PayPal betting site transactions
There are many perks to finding yourself legal and licensed betting sites that take PayPal, including the speed and safety of your deposits and withdrawals.
As your bank account, or debit card, is already linked to your PayPal account, we would expect all PayPal deposits to hit your account at record speed. Naturally, there will always be some exceptions, particularly from up-and-coming sportsbooks who have lengthier processing times than established sports betting giants. However, when researching further into the best PayPal betting sites around, we found that PayPal deposits were quick to reflect in your chosen operator’s account.
When you look to make a withdrawal, it is important to confirm that your chosen PayPal betting site offers this function. Unfortunately, based on our latest reviews, we have spotted that some top providers are able to accept deposits but do not hold the ability to withdraw using the same method. Those that do allow for withdrawals to be made may request that 24 hours is provided in order to process and confirm the transaction. However, generally speaking, we found most PayPal withdrawals would be released long before the end of that 24-hour window. When looking at the time it takes to clear into your account, we noted that some bettors may be waiting anywhere between 1-5 days.
| PayPal | Venmo | Skrill | Visa |
| Average deposit time | Can be instant | Almost instant | Up to 5 days | Up to 24 hours |
| Average withdrawal time | 1-3 business days | 1-3 business days | 2-5 business days | 1-6 business days |
Check out these sportsbooks that accept PayPal now:
1.
BET $20 GET $200 IN FREE BETS
SI Sportsbook Sports Bonus
BET $20 GET $200 IN FREE BETS
Highlights
- All major US sports covered
- Fast and easy live betting platform
- Excellent odds
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly – Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
2.
Bet $1 & Get $365 in Bonus Bets
Bet365 Sports Bonus
Bet $1 & Get $365 in Bonus Bets
Highlights
- Trusted betting provider since 2000
- Stream thousands of top sports
- Highly competitive odds
Bet $1 and Get $365 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
3.
PointsBet Sports Bonus
5 x $50Bet Credits
Highlights
- Over 300 NFL markets
- Unique point betting options
- Spread betting options
4.
BetRivers.com Sports Bonus
100% up to $500
Highlights
- Wide market range
- Great live streaming coverage
- Responsive sportsbook platform
5.
DraftKings Sport Sports Bonus
20% up to $1000
Highlights
- Super sports betting platform
- Top coverage of all major sports
- Legendary fantasy betting service
PayPal verification requirements – What you will need
Just like U.S. sportsbooks that accept MasterCard, sports betting PayPal sites will need to verify your identity. Once verified, you will be able to access, and make use of, a fully operational PayPal account.
As we detailed earlier in our PayPal betting sites review, PayPal will require you to forward two forms of identity and a household bill to help confirm you are who you say you are. This is known as a Know Your Customer (KYC) process and is well-utilized across the sports betting scene.
PayPal will request bettors forward two forms of photo identification, including a passport, driving license, state id, or military id, as well as a household bill that is dated within the last 3 months. In turn, this lowers the risk of fraudulent activity and abides by the AML, too.
Of course, if you are happy with a $500 monthly withdrawal limit, then you do not strictly have to verify your account at all. If this is the case, then you will merely need to confirm your email address, mobile number, and link your bank account to begin making your sportsbook deposits.
The history of PayPal – Back to the beginning
Previously called Confinity, PayPal was founded in 1998 and, arguably, entered 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 accumulated a whopping 2.6 million customers in its first three years.
PayPal started leveling with another rising star, eBay. It was the fastest and most convenient way to pay sellers or accept payments. When eBay finally bought PayPal in 2002, the user numbers grew to 100 million. It was during this time that PayPal was experiencing difficulty forging relationships due to its connection with offshore gambling sites. Legal betting sites with PayPal were denied the rights to use the payment service until it ceased all activity with either offshore or unauthorized operators.
By 2014 the business continued to expand, and today, many a US sportsbook that accepts PayPal is available to anyone over the legal age. This means that 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.
Our editor’s recommendation – Caesars – The top PayPal betting site 2023
If you are interested in making use of a top sports betting site that accepts PayPal but are unsure where to start your search, you should check out our editor’s choice – Caesars Sportsbook.
The platform is synonymous across the legal betting scene for providing an unrivaled sportsbook experience. After acquiring William Hill in early 2021, Caesars quickly updated its own UI to present its players with a clean, crisp, and fluid on-site feel. Bettors were now able to seamlessly navigate across the sportsbook, quickly deposit into their accounts, and build their parlays before watching the action unfold.
When it comes to sports betting opportunities, Caesars excels in this department, too. Whether it’s the NFL, NBA, tennis, or boxing you’re interested in, we are confident that Caesars will have a moneyline, spread, or prop bet waiting for you. New customers can add a little boost to their first online or mobile wager by unlocking the Caesars $1001 first bet match bonus while long-standing members can also take advantage of some great ongoing promotions and bonuses.
The mobile app keeps all of your sportsbook activity accessible. Provided you are located within a state where Caesars sportsbook is deemed legal, you can load up the mobile app, make your PayPal deposit, head to the pre-match markets, or in-play section, and enjoy the full Caesars experience from the palm of your hands.
Caesars Sport Highlights
- Hugely reputable brand name
- Good coverage of NFL and more
- User-friendly online sportsbook
Three essential facts – Things to consider before joining PayPal betting sites
The next section of our PayPal betting sites review highlights a few key things to consider before taking advantage of our online comparisons and finding a PayPal betting site that is perfect for you.
Not all PayPal betting sites allow for withdrawals
There are plenty of positives to take away from our PayPal betting sites review; however, there is always the risk of encountering a bump in the road. This little bump comes in the shape of withdrawals. Unfortunately, not all PayPal betting sites will provide bettors with the opportunity to withdraw using the same deposit method. In turn, this can cause lengthy withdrawal delays, the need to verify your identity further in order to have a second payment method approved, and much more. A simple fix requires you to head on over to our operator reviews and comparisons. From here, you can find a reputable bookmaker that offers PayPal deposits and withdrawals.
Fees may apply
Usually, it is free of charge when you transfer cash from your PayPal digital wallet to a sportsbook account. There are some exceptions to the rule though. Funding your PayPal account using a credit card results in a 2.9% charge. Any withdrawals will also be subject to a commission.
Following on from this, it is always worth reviewing our latest reviews on up-and-coming sportsbooks to confirm that they are adhering to the same fee-free processing we have come to expect from established sportsbooks. If you head straight to the payments section of any of our reviews, you’ll quickly be able to identify any additional fees, charges, and limits that are otherwise unheard of with PayPal betting sites.
PayPal deposits may not contribute towards your bonus
Unfortunately, despite the many perks of PayPal betting sites, they do not always contribute towards your bonuses or promotions. Thankfully, any credible online operator will provide clear and transparent terms and conditions prior to opting in and making your deposit, allowing you to quickly identify which online bonuses you can enjoy. We at GamblingGuy.com understand that searching through the small print can be an incredibly arduous task. With this in mind, we’ve set about creating a bonus comparisons page that highlights the top sportsbook bonuses and all of its requirements, in a simple and easy-to-read format.
Compare the best PayPal alternatives
1.
Bet $1 & Get $365 in Bonus Bets
Bet365 Sports Bonus
Bet $1 & Get $365 in Bonus Bets
Highlights
- Trusted betting provider since 2000
- Stream thousands of top sports
- Highly competitive odds
Bet $1 and Get $365 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
2.
Unibet Sport Sports Bonus
100% up to $100
Highlights
- Reputable operator
- Best possible pre-match odds
- Innovative live betting services
3.
Betfred Sports Bonus
–
Highlights
- Diverse range of sporting events available
- Competitive odds
- Excellent in-play betting feature
PayPal and the competition – How do PayPal betting sites compare to top alternatives?
The penultimate section of our PayPal betting sites reviews focuses on the competition, and, more specifically, how well PayPal compares.
PayPal Vs Paysafecard
Much like when using PayPal betting sites online, sportsbetting with a Paysafecard in the USA is extremely straightforward, safe, and efficient. Bettors can load their Paysafecard with cash credits before uploading their 16 digit number and pin onto their chosen sportsbook. In turn, your sportsbook will not receive any direct links to your financial information. However, based on our latest bonus comparison reviews, we have noted that there are very few opportunities for bettors to unlock bonuses and promotions by using this method. In addition, we found that PayPal transactions process quicker than Paysafecard when depositing and withdrawing funds.
PayPal Vs Venmo
Torn between U.S. sportsbooks that accept Venmo and betting sites with PayPal deposits? Then hopefully this little head-to-head comparison will help resolve a few concerns. Firstly, Venmo is a part of the PayPal group, so they will hold many similarities when it comes to transaction times and security. However, one thing we have noticed is that there are plenty of options available to bettors who look to use a PayPal betting site, meaning you are more likely to find an online sportsbook that fully caters to your needs. Venmo is not as common as PayPal regarding sportsbook deposits and withdrawals, so keep that in mind when choosing your payment method.
PayPal vs Skrill
If you are familiar with the online sports betting scene, then you are no doubt familiar with Skrill. Alongside PayPal, Skrill is one of the most popular alternative payment methods to use across the betting world, allowing players to quickly, simply, and swiftly deposit into their accounts. Backed by top-tier security features, it is difficult to fault the online payment method. With that being said, you are less likely to find an online bonus that can be unlocked using Skrill. You’re also more likely to find sportsbooks that allow PayPal withdrawals. So, you must keep your eyes peeled if this ends up being your preferred method!
Conclusion – Find the perfect PayPal betting site for you
PayPal sports betting is here to stay in the US. 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, you’ll find a sportsbook that accepts PayPal that fits your personal wants and needs.
If you reside in any of the US states where sports betting is legal, you’ll have a great range of legal betting sites with PayPal to choose from, alongside some of the fastest payout online casino operators using this banking option. Whether you lean toward regular or daily fantasy sports, PayPal is a credible, reliable, and legitimate way to make your on-site deposits. It’s safe, convenient, quick, and anonymous – just make sure you check the small print before you try and unlock that welcome bonus!
Best PayPal bonuses
1.
BET $20 GET $200 IN FREE BETS
Bonus Details
Requirements (WR):
1x Deposit
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly – Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
2.
Bet $1 & Get $365 in Bonus Bets
Bet $1 and Get $365 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
3.
Bonus Details
Requirements (WR):
1x Deposit
4.
Bonus Details
Requirements (WR):
1x Bonus
5.
Bonus Details
Requirements (WR):
25x Bonus
PayPal betting sites FAQs
❓ How do I make a PayPal deposit?
PayPal is one of the most popular payment methods to make use of when online gambling in the US. Thanks to the enhanced security features, quick transaction times, and credible reputation, there are plenty of PayPal betting sites for you to choose from. Take a look at our list of the best US betting sites to see which of these PayPal sportsbooks is the best choice for you.
✨ Are there any PayPal specific bonus codes?
When it comes to unlocking the latest bonuses and promotions, make sure to always check the terms and conditions. Here, you’ll find all the information you need regarding your bonus, including minimum deposits, wagering requirements, eligible markets, and which payment methods are accepted.
✅ How do you use PayPal on betting sites?
Thankfully, 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 card, and the online sportsbook. This allows you to make a deposit or withdrawal without entering your banking information directly.
☝ Can I trust PayPal betting sites?
To confirm a site’s legitimacy, please make sure you take advantage of our top US sports betting sites leaderboard. We at GamblingGuy.com are dedicated to providing our readers a safe and entertaining experience, meaning any online operator that features atop our leaderboard has been meticulously tested and confirmed legal, licensed, and legit!
🏀 What are the best PayPal sports betting sites?
There is a lot of debate about which are the best betting sites with PayPal. 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.
