Best PayPal Betting Sites – December 2024

PayPal has many advantages as a payment method for sports betting or online casino sites.

If you already have a PayPal account, you can connect it to your favorite sportsbook with a few taps or clicks. From then on, payments are straightforward with PayPal, which acts as an e-wallet and is mobile-friendly, so you can make transactions on the go.

Second, it’s reliable. PayPal has a high transaction success rate at gambling sites and sports betting apps. Other payment methods, such as credit/debit cards, can be declined or mistakenly flagged as fraudulent. PayPal users rarely run into such issues at sportsbooks.

Third, it’s safe. PayPal is a trustworthy payment service with a long history of allowing users to make safe and secure transactions. It’s a favorite payment method for online shoppers, eBay bidders and sports bettors alike, attracting over 300 million users since its launch in 1998.

Finally, it’s fast. PayPal deposits usually hit your account in seconds. Withdrawals take more time, but PayPal is still quicker than other methods. You can typically expect PayPal withdrawals to process within 24-72 hours, occasionally longer if it’s a busy betting time.

Either way, you don’t need to enter your payment info every time you make a deposit or withdrawal, which saves you valuable time, especially if you’re trying to live bet.

• DraftKings Sportsbook: DraftKings is one of the largest sportsbooks in the U.S. and is currently available in the most states nationwide.
• FanDuel Sportsbook: FanDuel rivals DraftKings in popularity and is available in the second-most states. Bettors enjoy the app’s clean user interface and extensive betting markets.
• BetMGM Sportsbook: BetMGM has a wide range of betting markets and competitive odds.
• Caesars Sportsbook: Caesars features the most odds boosts in the industry on a variety of betting markets.
• Bet365 Sportsbook: A British-based gambling company that expanded to the U.S. in 2019, Bet365 has become a popular sportsbook for U.S. users as well.
• BetRivers Sportsbook: A popular betting option thanks to its fast odds updates and GameCast view.
• Fanatics Sportsbook: Previously PointsBet Sportsbook, Fanatics debuted in 2023 and has a strong rewards program with FanCash.
• ESPN BET: ESPN’s sportsbook debuted in 2023 and provides a modern experience for sports bettors.

Most of the top sportsbooks in the U.S. accept PayPal as a viable deposit and withdrawal option. Sportsbooks are successful when they offer solid and useful payment options, so PayPal is a no-brainer for operators.

It’s no surprise that the biggest names in betting allow PayPal for funding an account. Here are some of the best PayPal betting sites and their respective welcome offers.

Many sports betting states allow PayPal deposits and withdrawals:

• Arizona
• Arkansas
• Colorado
• Connecticut
• Delaware
• Florida
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maine
• Maryland
• Michigan
• Montana
• Nevada
• New Hampshire
• New Jersey
• New York
• North Carolina
• Ohio
• Oregon
• Pennsylvania
• Rhode Island
• Tennessee
• Vermont
• Virginia
• Washington, D.C.
• West Virginia
• Wyoming

Other states are in the process of legalizing online sportsbooks, and they are likely to follow the lead of early adopter states with regard to PayPal. As new sports betting states come online, they will likely offer PayPal as an option thanks to its ease of use and convenience.

Ready to sign up for a sportsbook and make a deposit? Here are a few easy steps you can follow.

We’ve kept it pretty general because some sportsbooks use different terminology for everyday actions, e.g., “sign up” or “register.” If you run into any roadblocks while signing up, contact customer service for help.

1: Choose Your App(s)

Select the sportsbook(s) you wish to use. Download the app (most are available for iOS or Android) or head to the desktop website.

2: Create An Account

Register for an account. Follow the prompts and fill in the information requested. This will include the following:

• First and last name
• Email address
• Password (you will create one that meets the sportsbook’s security standards)
• Home address
• Phone number
• Date of birth
• Photo ID
• Social Security Number (or the last four digits, depending on the sportsbook)

The information you provide will be used to confirm your identity and prevent you from creating duplicate accounts or claiming multiple bonuses.

3: Connect PayPal & Deposit

If you’re a first-time sportsbook user, you’ll likely be ushered to the deposits page right after signing up. If not, head to the payments page.

Select PayPal as your preferred deposit method and follow the prompts to connect your account to the sportsbook. Usually, the sportsbook will take you to a web page requesting you sign into your PayPal account. Once you do this and allow PayPal to connect, you’ll return to the deposit page.

Select the amount you’d like to add to your account and make your deposit. Remember to check for a bonus or promotional offer, especially a first deposit match that only counts when you first fund your account.

4: Place Your Bets

Your deposit should hit your account almost instantly. Now, you can peruse the odds and betting markets and place bets with your newly funded account.

You can withdraw winnings using PayPal if you’re lucky enough to profit while betting on sports.

Generally, sportsbooks require you to connect PayPal for a deposit before withdrawing into a PayPal account. However, this isn’t too restrictive a requirement if you plan to use PayPal more than other methods.

Minimum withdrawals can vary by sportsbook. Expect $5-$10 to be the minimum withdrawable amount. Check your preferred sportsbook’s FAQ if you’re curious about withdrawal minimums.

PayPal withdrawals typically take 24-72 hours to process, but this can vary based on traffic and which sportsbook you’re using. Still, it’s one of the more reliably fast methods you can use.

Yes. PayPal is a fast and easy method of depositing from a mobile device.

Open your sportsbook app. They’re available in the iOS App Store or Google Play Store for iOS and Android, respectively. Then head to the deposit section and select “PayPal.”

This will take you to a PayPal webpage, where you’ll be prompted to log in and confirm your account. Do this, and then you’ll be directed back to the sportsbook app, where you can quickly and easily make a deposit.

The steps to deposit with PayPal from a mobile device are straightforward. Once you do it the first time, subsequent deposits will take only seconds. Sportsbooks have this down to a science, successfully optimizing the process for mobile.

PayPal isn’t your only option for depositing at sports betting sites. There are plenty of other alternatives, including:

• Venmo (owned by PayPal)
• Apple Pay
• Credit/debit card
• ACH eCheck
• Online banking
• Cash at casino cage (if sportsbook is partnered with a local casino)

A few less common methods are available, but those above tend to be the most popular. We recommend that you consider not using credit/debit cards. They’re a safe way to fund an online betting account, but you could run into hiccups in the process.

Regulated online sports betting is still relatively new in the country. Banks and creditors sometimes flag debit card transactions at gambling sites as fraudulent, resulting in a failed deposit or, worse, a hold put on your card.

PayPal may be one of the most recommended options for deposits and withdrawals at betting sites, but you can use plenty of other trustworthy methods. Take your pick, as it’s hard to go wrong with the selections available.