PayPal is one of the easiest payment methods to use on sports betting apps because it’s quick, reliable, and safe. Almost half of the states in the US allow online sports betting and more are about to open up. If you live in a state where sports betting is legal, then you might want to consider your payment method options.
Americans aren’t the only ones who’ve discovered the benefits of using PayPal for sports betting. Bettors overseas have been on PayPal betting apps for years because it’s free to open an account and easy to use.
Stay with us through this review and find out why more and more Americans are signing up with PayPal betting apps. It’ll only take a few minutes and after you will know everything there’s to know about PayPal and how to make deposits and withdrawals online.
Best PayPal Betting Apps
Our dedicated team has compiled a list of the best PayPal betting sites available in the US. Since online betting isn’t legal in all states, we were careful to ensure we only include sites that use PayPal as a payment option in those areas where you’re allowed to place online bets.
These legal sports betting apps cover most of the areas where sports betting is legal. The ones that stand out in terms of odds, interface, free bets, market coverage, and betting types include:
List of All Legal PayPal Betting Apps in the USA
Many top online sports betting apps in the USA accept PayPal as a payment option, which means you can make deposits and withdraw funds using only PayPal. This is a list of legal sports betting sites that accept PayPal.
Most of these betting sites also have an online casino section, but these are only available in the handful of states that allow online casinos. Many of these sites are from the US, while a few are international. Still, they all have the necessary licensing to legally operate in the states that regulate online sports betting and casinos.
- bet365 Sportsbook
- BetRivers Sportsbook
- Betway Sportsbook
- Unibet Sportsbook
- WynnBET Sportsbook
- MaximBet Sportsbook
- SugarHouse Sportsbook
- Barstool Sportsbook
- Fox Bet Sportsbook
- Tipico Sportsbook
- Golden Nugget Sportsbook
- Hard Rock Sportsbook
- Bally Bet
Signing Up For A PayPal Account
Part of the appeal of using PayPal with betting apps is how easy it is. If you’re not one of the millions of PayPal users, you must follow a few simple steps to sign up for a PayPal account.
- Access the PayPal website. When you see the PayPal login page, you can choose to open an account. You can also download the PayPal app and open your account from your mobile device.
- When prompted, make sure you choose a personal account, not a business one.
- Fill in your details. PayPal needs basic information like your name, surname, and number.
- Link your PayPal account to your bank account or credit card by following the prompts. This process can differ depending on the bank you use. It’s generally effortless and doesn’t take long.
- Deposit money into your PayPal account with your credit or debit card from your bank account. There is no minimum or maximum amount on the PayPal platform.
Once you’ve followed the process and verified your account, you can easily make transfers to your sports betting account using your PayPal account. This is not limited to betting apps. You can use PayPal on sites around the world to make payments to businesses, retailers, and individuals. It’s easy to find a business online that accepts PayPal. You can also apply for a PayPal card and use it instead of the card linked to your bank account.
Deposit With Your Mobile Using PayPal
You can make easy payments using your mobile device when you play on sports betting apps that accept PayPal. You can do this directly from the sports betting mobile or sportsbook app. PayPal deposits are instant and free. The PayPal site is mobile-friendly and downloading the app is easy.
- You can log in to your sportsbook account and use this banking option.
- Here, you can choose PayPal deposits. Many online betting apps will use the same withdrawal method you chose for deposits, so make sure to select PayPal as your preferred payment method on your betting account.
- The mobile app will contact PayPal, and you can follow the prompts to complete the PayPal deposit to the online betting app.
Withdraw Your Sports Betting Winnings Via PayPal
Withdrawing your sports betting winnings from PayPal betting apps is similar to making a deposit.
- Once you’ve logged into your player account, choose PayPal from the banking options. Select the option of making a withdrawal.
- Enter the amount you wish to transfer and click the button to request your withdrawal.
- After your request has been processed and approved by the betting app, your money should appear in your PayPal account instantly or within 24 hours.
Some casinos and sportsbooks will automatically use the same method as when you made a deposit, so you should always use PayPal with your betting account.
PayPal Fees & Processing Times for Betting
Transferring money to and from your sports betting app account is free. However, a small fee is involved if you use PayPal with your debit or credit card to make transactions, which is currently 2.9% of the total amount.
PayPal deposits and PayPal withdrawals are not just easy to make. One of the biggest advantages of this payment method is the fact that transactions are instant with the best PayPal betting sites. Your PayPal deposit is available for bets immediately when making deposits to online betting apps. There’s no waiting period for payments made to the sportsbook, and you can access bonuses and promotions instantly.
As with most online betting sites, processing withdrawals can take a few hours. Most betting apps aim to approve withdrawals as fast as possible. The casino or sportsbook will do checks and verifications on your account. Once the sportsbook has processed the request, your PayPal withdrawal will appear in your PayPal account immediately. Most other transaction methods will take anywhere from three to seven business days.
Benefits of Using A PayPal Betting App
Millions of people around the world use PayPal to make fast transfers online. Betting apps are aware of the popularity of this e-wallet. That’s why so many online sports betting sites accept PayPal as a payment method.
PayPal deposit is a widely accepted payment method with gambling sites around the globe. In fact, it’s the most accepted payment method with US sports betting sites. Having a PayPal account is useful, as you can make deposits to PayPal betting apps within seconds. Players can have multiple accounts with PayPal betting apps to get the best odds for a variety of games and make easy deposits and withdrawals to their PayPal account.
PayPal is a secure payment method. You don’t have to give the betting app your banking details, and no card transfers take place. Many players tend to find this reassuring from a safety point of view. PayPal has excellent encryption, anti-fraudulent policies, and other safety and security measures, ensuring that your information and transactions remain secure and safe from third-party intervention.
The platform offers mobile-friendly payments to the best PayPal betting apps, allowing you to make quick payments to most online betting sites straight from your mobile device. You can make instant deposits to place bets on fast-paced sports games while watching the game.
You can get a PayPal credit or debit card where you can earn cashback rewards and customer points as you make purchases or bet online. You can use this card to make PayPal deposits instead of using the app.
Drawbacks of PayPal Betting Apps & Alternative Banking Methods
Unfortunately, any payment method has some drawbacks and PayPal is no different. While the PayPal account and deposits are free, there are some transactions that carry a charge, especially international payments to your account. So when you withdraw from betting sites to your bank card, you may have to pay a percentage to PayPal.
You may be required to go through verification processes when you make your withdrawals from the best PayPal betting sites into your PayPal account. This is usually a quick process necessary for the platform’s anti-fraud regulations in accordance with PayPal acts. You can also sign up for Instant Transfers at 1% of the amount paid to your account. The maximum you’ll pay with this feature is $10.
PayPal Betting Apps with Free Bets
Most PayPal betting sites offer some kind of welcome bonus and other promotions to their players. These can include free bets, risk-free bets, credits, odds boosters, and various others. Free bets are not something that you’ll often find as a promotion, but you can find these with some of the top PayPal sports betting sites listed, like Parx.
With the number of licensed sports betting sites with PayPal, it won’t be too difficult to get a welcome bonus using PayPal. You essentially get bet credits if your first bet goes south, usually called risk-free bets.
Payment method exclusions apply with many different e-wallets, but these exclusions are usually not applicable to PayPal. If the betting site accepts PayPal, there are usually no exclusions. However, you can always use your PayPal card or other payment methods to qualify for the promotion and then continue with PayPal betting afterward.
Any bet credits come with certain terms and conditions. You have to make a qualifying bet on specific matches or markets. You’ll also have to use the bet credits a certain number of times before you can make a qualifying bet settlement. Most sportsbooks have free bets valid for around 30 days. Make sure to check these before opting for PayPal betting bonuses.
States with Legal PayPal Betting Apps
Since the Supreme Court overturned the federal sports wagering ban in 2018, many states have legalized sports betting, and you’ll find at least one PayPal sports betting site in each state. Some states don’t allow an online sportsbook but only land-based sports betting. These are the states that currently allow online sports betting:
- New Hampshire
- New Jersey
- New York
- Rhode Island
- Washington D.C.
- West Virginia
In Maine, Maryland, Massachusetts, Nebraska and Ohio it’s legal to bet on sports online but there are currently no betting apps live there.
PayPal History & Betting Background
PayPal was the first e-wallet that launched, allowing people to make payments to people and businesses quickly, safely, and efficiently. It quickly became the most popular way of making purchases on sites like eBay. PayPal also became popular with online casinos that accepted players from the US, and many betting sites supported PayPal as part of their payment methods.
In 2002, online gambling with PayPal made up only 8% of its total services. eBay purchased PayPal in 2002, and the company stopped processing online gambling payments from betting sites and online sportsbooks. Still, PayPal faced some legal problems due to online gambling payments. PayPal settled in a civil agreement and only started processing online gambling transactions in 2009 again. They initially only worked with PayPal betting sites UK, then branched out to more European sites.
Their step back into processing online gambling payments was with fantasy sports payments. Under US law, fantasy sports are skill games and are not technically seen as betting in more than 45 states.
In 2015, PayPal and Caesars Interactive Entertainment started processing casino and online poker payments in Nevada and New Jersey. Soon after, it started allowing betting sites with PayPal. It’s still the biggest e-wallet in the world and competes with other e-wallets like Skrill and Neteller in both the US and European countries.
Use PayPal Betting Apps For Fast & Secure Transactions!
Make the best of your online betting experience by choosing top sports betting sites that accept PayPal. Online sportsbooks in the US generally accept PayPal, and you’ll find some of the best betting sites in various states with PayPal as part of their payment methods.
Betting sites with PayPal make deposits and withdrawals not only easy but fast and secure. PayPal has some of the best security measures in place, and you never have to give your banking or card details to any third party. When using PayPal, you know your transactions are safe.
Since it’s such a popular payment method, some of the best sports betting sites accept PayPal as a form of payment. You’ll easily find a PayPal betting site that offers PayPal bonuses and other promotions. Get a welcome bonus using one of the easiest and most secure payment methods. You can use these bonus bet credits to make risk free wagers with the sportsbook.
With their effective service and speed, PayPal competes with other payment methods, especially among US betting sites. When using PayPal, you can make immediate payments to online gambling sites and be sure that it’s safe and secure. PayPal has excellent anti-fraud measures in place and may require you to verify your withdrawals before approving them.
PayPal Betting FAQs
If you haven’t found the answer to your question about PayPal transactions in this guide, here are some PayPal betting sites FAQs to look through.
Can you use PayPal for betting without an account?
In order to use PayPal for online betting, you need to open an account. Doing so is easy and free. Simply log on to the PayPal site and choose the ‘sign up’ tab. You enter your details and link the PayPal account with an existing bank account, Mastercard, Visa, or Maestro card. You can also apply for a PayPal credit or debit card. Using PayPal for online betting is a quick and easy process.
Once you’ve followed the process, you need to deposit to your PayPal account so that you have a positive balance in the account. You can use your bank account or debit card to do this. From there, you can log into your online betting account and make a PayPal deposit. It will show immediately, and you can claim your bonus and start placing bets on your favorite sporting events.
Does DraftKings accept PayPal deposits?
Yes, DraftKings accepts PayPal as a payment method. You can make deposits and withdrawals using PayPal. Ensure that no payment method exclusions apply when choosing PayPal as your preferred method of payment.
Are cryptocurrencies supported by PayPal?
PayPal started supporting cryptocurrencies between PayPal and other wallets or exchanges in mid-2022. You can make crypto payments using PayPal. Some online gambling sites accept crypto, and you can use your PayPal account to make crypto payments.
Can I withdraw with PayPal at FanDuel?
Fandual allows both deposits and withdrawals with PayPal. You may need to verify the withdrawal according to PayPal policies, but this is a quick process, and you’ll be able to access the money almost immediately.
Can I trust PayPal for sportsbook deposits?
Online casinos and sportsbooks have been using PayPal as a payment method for many years. It’s one of the safest and most secure methods to make deposits and withdrawals on the internet. You don’t have to share your card details or banking information with the sportsbook. PayPal uses exceptional SSL encryption and other safety measures to keep your information and transactions safe.
How fast can I cash out with PayPal?
While a PayPal deposit is instant, it’s not necessarily the same as PayPal withdrawals. The casino or sportsbook needs to follow a process and could ask you to verify certain information before processing the withdrawal. Once the process is complete on the online gambling site’s side, your withdrawal will immediately show in your PayPal account.
Is bet365 a PayPal betting site?
Bet365 is one of the most popular online gambling sites in the world, so it makes sense that it would allow for PayPal deposits and PayPal withdrawals, along with other payment methods.