PayPal may be the most secure method to deposit and withdraw fund from the finest sportsbooks in the United States. Once advertised as a safer credit card alternative, PayPal today accounts for 22% of all U.S. online transactions, according to Statista in 2020. Because of this, PayPal betting sites are growing in popularity today.
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The Advantages and Drawbacks of Online Sports Betting with PayPal
✅ Whenever you use PayPal to place a sports wager, you won’t have to give over your real-world bank details to the bookmaker.
✅ When you add funds to your PayPal account from a credit or debit card, PayPal takes 2.9% + $0.30. When you wager money online, you don’t pay any fees.
✅ Easily and quickly fund your sports betting account at no cost.
❌ The costs associated with funding a PayPal account using a debit or credit card
Online Sportsbooks that Accepts PayPal for Banking Methods
Bettors go in large numbers to PayPal-accepting legal gaming sites. Here are some of the best betting sites that accept PayPal that you can join right now:
DraftKings Sportsbook
One of the betting sites that take PayPal, DraftKings is well-known as a top online sportsbook because of its generous welcome bonus, entertaining sportsbook competitions, and user-friendly mobile app. At DraftKings, you may deposit quickly and easily with PayPal or any other supported methods.
BetMGM Sportsbook
BetMGM has become one of the country’s top three sportsbooks, with a strong presence in numerous jurisdictions. In addition, it’s one of the top online sportsbooks that accept PayPal in the country because of its fantastic user experience, special incentives, and exceptional customer support. MGM Resorts International and Entain control the BetMGM Sportsbook and run the Borgata Sportsbook in New Jersey, compatible with PayPal for wagering.
FanDuel Sportsbook
In several states, FanDuel Sportsbook is the dominant player. Its success may be attributed to its well-known brand, effective advertising, attractive incentives, and satisfying user interface. The most prominent online gaming firm, Flutter Entertainment, owns FanDuel.
Caesars Sportsbook
After spending $4 billion to acquire William Hill in 2021, Caesars now runs one of the top online sports betting companies in the United States. In addition, Caesars has switched clients to its mobile sports betting app, which now features gambling with Paypal and massive incentives.
Unibet Sportsbook
Unibet is a significant player in the online sports betting industry. It’s one of the top PayPal betting sites out there, and it’s already got a dedicated fan base in a few different locations around the United States.
WynnBET Sportsbook
The Wynn Resorts casino company owns the online Sportsbook WynnBET. The company invested significantly in mobile sports betting in 2020 after purchasing European operator Bet Bull. WynnBET Sportsbook accepts PayPal for deposits.
PointsBet Sportsbook
PointBet is a cutting-edge PayPal betting sports platform that takes standard fixed-odds bets and the more modern PointsBetting, analogous to financial spread betting. In addition to generous bonuses and a slick interface, it boasts the industry’s most comprehensive betting opportunities.
TwinSpires Sportsbook
Churchill Downs Corporation, the company responsible for hosting the Kentucky Derby, owns TwinSpires. At first, it was only an online racebook, but now it also offers sports betting and virtual casino games. Moreover, it is the owner of the BetAmerica name. Please read our in-depth analysis of TwinSpires Sportsbook.
Bet365 Sportsbook
The most well-known PayPal Sportsbook in the world, is now open for business in New Jersey, and it has ambitious ambitions to roll out throughout the United States. Bet365, one of the top PayPal betting sites, has speedy payments, which are rare in gambling.
FOX Bet Sportsbook
Flutter Entertainment also owns FOX Bet, although FOX Sports has a financial interest in the company. FOX Bet Sportsbook often releases promotions related to prominent FOX Sports experts’ choices, insights, and analyses. In addition, FOX Bet is a betting site that takes PayPal and offers many betting opportunities.
Betway Sportsbook
This major European Sportsbook opened its doors in Colorado before launching a nationwide growth campaign. Betway takes PayPal as well as a plethora of other payment options.
BetRivers Sportsbook
Similarly to Bovada and BetOnline, BetRivers sportsbook offers PayPal deposits and withdrawals. It’s already active in several other states and runs the SugarHouse Sportsbook brand in New Jersey. The bonuses at each of these sportsbooks are legendary.
Golden Nugget Sportsbook
The Golden Nugget Sportsbook accepts PayPal for deposits and withdrawals in Michigan, Nevada, and New Jersey. The welcome bonus is 100% of your first deposit, which is rather generous.
Hard Rock Casino & Sportsbook
Hard Rock uses Gaming Innovation Group’s straightforward platform as an online sportsbook. It’s one of the top PayPal betting sites for novices since it’s easy to use and provides the most excellent risk-free wager bonus.
Sports Illustrated
Before the 2021 NFL season, 888 launched the Sports Illustrated Sportsbook in Colorado. It is one of the best PayPal betting sites because it has a fast and convenient way to make payments and withdrawals, making it a good choice for NFL bettors. In its place, 888 is launching a nationwide campaign under the new brand name.
Tipico
Like many other substantial European companies, wants to profit handsomely from the booming U.S. sports betting market. Tipico accepts PayPal for online wagering. But, unlike most other online sportsbooks, it levies a fee on PayPal bankrolls.
Casino Gambling Sites with PayPal
New Jersey, Michigan, Pennsylvania, New York, and West Virginia Casinos take PayPal. Delaware is the only other state to permit internet casinos, and the state lottery handles its monopoly. The other 45 states have not legalized online casinos, but this will likely change. Here are some of the legitimate casinos for online betting with PayPal:
- BetMGM Casino
- Borgata Casino
- BetRivers Casino
- SugarHouse Casino
- Bet365 Casino
- Caesars Casino
- Betway Casino
- Sports Illustrated
- DraftKings Casino
- FanDuel Casino
- 888 Casino
- Golden Nugget Casino
- Hard Rock Casino
- Resorts Casino
- WynnBET Casino
- TwinSpires Casino
Horse Racing Bet Sites that Accept PayPal for Depositing and Withdrawing Funds
Several states now have operational racebooks that accept PayPal. You may use PayPal to fund your account, bet straight or exotic on races worldwide, and quickly withdraw your winnings to PayPal if you win. List of legitimate, PayPal-accepting online racebooks
- FanDuel
- TVG
- TwinSpires
Get the adrenaline rush of betting on a primary race by visiting one of those legal racebooks now, creating an account, and making a sportsbooks PayPal deposit.
Steps on Establishing Your PayPal Account
This is a comprehensive explanation of creating a PayPal account and adding funds if you’re new to the service.
- Register with PayPal.
- Download the app from Google Play or App Store, or go to PayPal.com to start using PayPal.
- Touch or click the “Join” button.
- To create a PayPal account, tap or select the “Personal” option.
- Choose your nation and provide your contact details, including your phone number.
- Check your account by entering the verification code you received in an email.
Depositing Funds into Your PayPal Account
- Establish a payment connection between your PayPal account and a credit card, debit card, or bank account. Remember, you may only link one card to an account.
- You’ll see a “Transfer Money” button on your account balance.
- Choose “Add Money to Your Balance” by tapping or clicking.
- Enter the amount to deposit into your PayPal account and click the “Confirm” button.
Using Your PayPal Account for Online Casino or Sportsbetting
Now that you have established your account, you may use your PayPal to make instantaneous deposits into sportsbooks and place wagers.
1. First, choose a sportsbook.
Choose the best sports betting app for you. Then, consider the odds, bonuses, promotions, banking methods, customer service, and more.
2. Sign up for an account online.
Bettors in jurisdictions where this is permitted may often register for a PayPal betting site from anywhere in those states. Signing up will go more quickly and easily if your contact and financial details are ready to enter.
3. Get your bonus!
Sportsbooks using PayPal often provide new customers with sign-up benefits like free bets, deposit matching, and free credits. If a promotional code is required, remember to use it at the proper time.
4. Fund your account.
Choose the PayPal option in the cashier portion of your sports betting app. After entering the deposit amount, you’ll be requested to login into your PayPal account and confirm the quick transaction.
5. Start placing sports bet with PayPal
After successfully transferring cash from your PayPal account to your betting account, you may now place your wagers. Check out the odds, select (s), and place your bets.
6. Withdraw your winnings.
With PayPal, you have 24/7 access to your funds. Sportsbooks’ payout times may vary, but you should get your money within a few days.
Sports Betting PayPal FAQs:
What Sportsbook accepts PayPal?
List of legal Sportsbook that accepts PayPal:
- bet365 Sportsbook
- Barstool Sportsbook
- BetRivers Sportsbook
- BetMGM Sportsbook
- Betway Sportsbook
- SugarHouse Sportsbook
- William Hill Sportsbook
- Borgata Sportsbook
- DraftKings Sportsbook
- Caesars Sportsbook
Can I use PayPal to make Sports Bets?
Unless PayPal has authorized the merchant, account holders are not permitted to use the service to send or receive funds related to any type of gambling, including but not limited to payments for bets, gambling debts, and gambling wins.
Do any gambling sites accept PayPal?
After spending $4 billion to acquire William Hill in 2021, Caesars now runs one of the top online sports betting companies in the United States. In addition, Caesars has switched clients to its mobile sports betting app, which now features PayPal betting and massive incentives.
Does DraftKings sportsbook take PayPal?
DraftKings not only accepts PayPal, but it is also one of the preferred methods of payment. It is because PayPal allows for fast DraftKings deposits and quick withdrawals. In addition, if DraftKings does not take credit cards in your state, you may still use your card to finance your PayPal account.