PayPal Betting Sites: Sportsbooks That Accept Take PayPal

Last Updated: May 29, 2023
Fact Checked By: Al MacMilan

Enhance your sports betting experience by betting on the best PayPal betting sites, offering a myriad of features that help you to make better bets. One standout advantage of betting on PayPal betting sites is the extensive range of banking options, providing secure and convenient deposits and withdrawals. PayPal, as the leading e-wallet globally, is a standout choice among these options. With PayPal, you can enjoy the benefits of swift deposits and hassle-free withdrawals, ensuring a seamless and worry-free transaction process for your sports betting activities.

Use the links on this page to sign up for the best PayPal betting sites so you can bet and win today. 

The Top PayPal Betting Sites Of 2023

🎁 BetMGMROTOBONUS - First Bet Offer, Up To $1,000
🎁 Caesars SportsbookROTOFULL - First Bet On Caesars, Up To $1,250
🎁 Bet365Bet $1 and Get $200 in Bonus Bets
🎁 DraftKings SportsbookBet $5, Get $150 In Bonus Bets
🎁 Fanduel SportsbookNo Sweat First Bet, Up To $1,000
📆 Last Verified:May 29, 2023

While the top betting sites feature a number of banking methods, including Play+, e-checks, and bank account transfers, those that accept PayPal are the best of the best. Betting with online betting sites that take PayPal deposits continues to grow in popularity as you can use this payment method without fees, in most cases. We reviewed the best PayPal betting sites, and here are our favorites.

Continue reading this guide to have all of your PayPal sports betting sites FAQs answered in order to find the best online sports betting site for you, reviewed by RotoWire's betting experts.

Top 5 PayPal Sportsbooks To Bet With

PayPal Betting Sites

These are the top five PayPal betting sites to create a sports betting account on today:

  1. BetMGM Sportsbook
  2. Caesars Sportsbook
  3. Bet365
  4. DraftKings Sportsbook
  5. FanDuel Sportsbook

The best PayPal betting sites, which accept PayPal as a banking method, are organized below. These online sports betting sites are some of the best on the market today, and they all offer terrific features and promos that sports bettors can take advantage of each and every day.

Using a PayPal account to fund the following online betting sites also unlocks generous sportsbook promo codes and welcome offers.

#1 BetMGM

BetMGM is one of the best PayPal betting sites in the United States. From its wide variety of sports betting markets and bet types to ongoing bonuses and promos, there is something for every bettor on this online sports betting site.

#2 Caesars Sportsbook

Since buying William Hill in 2021, Caesars Sportsbook has emerged as one of the best PayPal online sports betting sites. It is one of the most popular betting apps for many reasons, including a top rewards program (Caesars Rewards) as well as daily odds boosts across multiple sports.

#3 Bet365

Bet365 is one of the most popular online betting sites that uses PayPal deposits worldwide and it is rapidly becoming just as prominent in the United States. After launching in New Jersey, Bet365 is now also live in Colorado and Ohio as well, with plans for further expansion in the near future. Bet365 offers its customers fast payouts and terrific ongoing bonuses, like MLB betting promos on a daily basis.

#4 DraftKings Sportsbook

DraftKings Sportsbook is one of the largest and most popular betting sites that allows you to sign up and fund your sports betting account with PayPal. Whether you want to bet on World Series odds or take advantage of NBA betting promos, you can do all of that and more on this top sports betting app.

#5 FanDuel Sportsbook

FanDuel Sportsbook is at the top of the food chain when it comes to the best PayPal betting sites. Whether you want to bet on sports or use its online casino, you can fund your FanDuel Sportsbook account using a PayPal account.

Our View:

Among the top five PayPal betting sites mentioned, BetMGM Sportsbook stands out as the best option for users. It is considered one of the premier PayPal betting sites in the United States, offering a wide range of sports betting markets and bet types. With ongoing bonuses and promotions, BetMGM caters to every type of bettor. The site provides a seamless experience for users, allowing them to easily fund their accounts with PayPal. Additionally, BetMGM offers generous sportsbook promo codes and welcome offers, further enhancing the overall betting experience. With its excellent features and customer-centric approach, BetMGM emerges as the top choice for users looking for a reliable and enjoyable betting site that accepts PayPal.

Pros And Cons Of Betting With PayPal Sportsbooks

PayPal sportsbooks are among the best available online sports betting options. But each and every sportsbook that you can fund with a PayPal account does have its pros and cons.

Read on to learn about the pros and cons of betting with PayPal sportsbooks.

Benefits Of Betting With PayPal Online Betting Sites

Considering the growing popularity of using PayPal at the best sports betting sites, PayPal makes it easy for customers to make deposits and withdrawals using this banking method. Here are some of the benefits of betting with PayPal online betting sites.

Security And Privacy: PayPal provides a secure way to fund a sports betting account since you do not have to enter any personal details, like credit card numbers, in the sportsbook app itself. This gives the customer more security when it comes to protecting their privacy. PayPal also has advanced encryption software and thorough fraud prevention specialists for added layers of protection.

Fast And Convenient Transactions: When you use a PayPal account to make deposits and withdrawals on a betting app, transaction processing times are fast. Once you make a deposit using PayPal, you can bet with those funds immediately. And while withdrawal times are a bit slower, you normally get the funds within a few hours of your request.

User-Friendly Interface: PayPal has a user-friendly interface that helps make deposits and withdrawals on PayPal sportsbooks a safe, secure, and seamless transaction. Whether you are using a sportsbook's website or mobile app, PayPal transactions are easy to complete no matter what device you are using.

Disadvantages Of Betting With PayPal Online Betting Sites

PayPal may be one of the safest and most convenient ways to bank at a sportsbook, but there are still some disadvantages to note when it comes to betting with PayPal online betting sites.

Processing Fees: Although PayPal is free for both deposits and withdrawals, there could be processing fees if you receive funds from overseas. If you are using a sportsbook with a payment department based overseas, fees could be assessed. This applies to withdrawal requests using a PayPal account as well.

Processing Time: Since PayPal has a tenacious and detailed fraud team, PayPal withdrawals could be frozen if they suspect any fraudulent activity. If this happens, PayPal asks you to contact them to complete an instant verification procedure to release the funds.

As you can see, there are more pros than cons when it comes to using a PayPal betting site. Continue reading for even more reasons why using a PayPal account is the best payment method to fund an online sports betting account.

Why Use PayPal For Online Betting?

Security: PayPal holds the safety and security of its customers in high regard, which is why this e-wallet has advanced SSL encryption software to protect its users. PayPal also requires its users to set up two-factor authorization on their account for an extra layer of protection.

Speed: Customers who use PayPal get access to instant processing times for deposits. When it comes to withdrawals, PayPal is one of the fastest banking methods to use as requests are normally completed within hours.

Convenience: PayPal offers its users speed and convenience. From one-click transactions to the ability to use PayPal both on a website and a mobile app, PayPal makes it easy for you to fund an account at the best PayPal sportsbooks.

Low fees: When you use PayPal, there are little to no fees. For PayPal deposits, there are no fees at all. And when it comes to withdrawals, you only accrue fees from a PayPal betting site with a payment processing center located overseas.

How To Get Started With A PayPal Betting Site

Getting started with a PayPal betting site is easy. Follow the steps listed below to learn how to fund betting sites with a PayPal account in no time.

Create A PayPal Account:

  1. To start, visit or download the PayPal app to your mobile device. Then, click through the sign-up button to get started.
  2. Enter your email address and choose a password.
  3. Fill in your basic identifying information, including your home address and phone number.
  4. Verify the new PayPal account via email.
  5. Fund the new PayPal account by adding your bank account, credit card, or debit card info.
  6. Once your PayPal account is funded, link it to the sports betting account you want to fund.

Link A Bank Account Or Credit Card: Be sure to link your PayPal account to the online sports betting site you want to bet on.

To do so, visit the betting site's cashier page and click through the deposit button. Make sure PayPal deposits are accepted. From there, click on the PayPal option. Doing so redirects you to PayPal to link your PayPal account with your bank account or credit card.

Depositing And Withdrawing Funds: Whether you want to make a deposit or a withdrawal using a PayPal account, you must navigate to the sportsbook's cashier page to complete either type of transaction. Once you're on the cashier's page, choose the transaction type you want to make while also selecting PayPal as the desired payment method.

As long as you follow these steps, it's easy to get started with betting sites that accept PayPal.

PayPal's History In The Sports Betting Market

PayPal is one of the largest payment processing companies and e-wallets in the world. It was founded in 1998 by Max Levchin and Peter Theil. PayPal began to pop worldwide when it was bought by eBay in 2002.

Like anything else, PayPal was initially reluctant to jump into the legal sports betting space. However, given the popularity of online sports betting, it was only a matter of time before the popular e-wallet came around and saw the growth possibilities when it comes to its customer base.

Once PayPal split from eBay in July 2015, it began to take payments for fantasy sports apps, which was the company's first venture into the online gambling world. Shortly thereafter PayPal began to process payments for online poker sites, and once sports betting was legalized in 2019, the brand continued to emerge as a top payment option in the sports betting market.

Legalization Of PayPal Gambling Sites In The United States

When it comes to the legalization of PayPal gambling sites in the United States, the timeline begins in 1992, when the Professional and Amateur Sports Protection Act (PAPSA) ceased the legalization of sports betting in the country.

However, in May 2018, the U.S. Supreme Court declared PAPSA unconstitutional, striking it down and opening the door for online sports betting.

The United States has since witnessed immense growth in the popularity of legal sports betting. Now, 36 states as well as Washington, D.C., have legal sports betting in one form or another, whether it be retail in-person betting, mobile sports betting, or both.

Because of the growth of sports betting, payment processing companies, like PayPal, have expanded in the legal sports betting space. The number of betting sites that use PayPal continues to increase, and the best PayPal betting sites are featured in this review.

PayPal's Sports Betting Partnerships

PayPal has struck partnerships with the best betting sites that accept PayPal, including DraftKings Sportsbook and FanDuel Sportsbook.

When you use PayPal to make deposits and withdrawals, you are banking in a safe and secure manner. Your personal information is always protected by PayPal as well as the sportsbook operator. Furthermore, using PayPal to make deposits and withdrawals ensures that these transactions are made in a timely fashion with minimal fees.

PayPal's sports betting partnerships have helped to publicize the company's involvement in the sports betting industry, and name recognition is a big part of getting users to understand that betting with PayPal sites is a quick and easy process.

2023 PayPal Sports Betting Sites

PayPal is one of the best ways to fund a betting account. However, not all sportsbooks accept PayPal as a banking option.

To make your life easier, the best 2023 PayPal sports betting sites are highlighted in the table below:

PlatformAccepts PayPal?Promo CodeOffer
DraftKingsYesClick Here$150 bonus bets when you sign up and bet $5
FanDuelYesClick HereNo Sweat First Bet for up to $1,000
BetMGMYesROTOBONUS$1,000 first bet offer
Bet365YesCode Included$200 bonus bets when you bet $1
BetwayYesNo Code Needed$250 bonus bet credit when you sign up and bet today

Read on to find out what those sites are and the generous welcome bonuses that these sites that accept PayPal offer when you sign up for a new account today.

Do DraftKings and FanDuel accept PayPal?

Both DraftKings Sportsbook and FanDuel Sportsbook accept PayPal as a payment method for deposits and withdrawals.

When using PayPal to fund a new account with the DraftKings Promo Code, new users get $150 in bonus bets when they sign up and bet $5.

The FanDuel Promo Code offer is just as generous. Simply sign up and get a No Sweat First Bet for up to $1,000. 

Does BetMGM accept PayPal?

BetMGM accepts PayPal as well. The best part is that when you use the BetMGM Bonus Code ROTOBONUS and fund your account with PayPal, you get a $1,000 first bet offer.

Can you use PayPal on Bet365?

You can use PayPal on Bet365. When you use PayPal as your payment method with the Bet365 Promo Code, new users get $200 in bonus bets when they bet $1.

Does Betway accept PayPal?

When it comes to Betway, funding your account with PayPal is safe and secure. Using PayPal with the Betway Promo Code gives new users a $250 bonus bet credit when they sign up and bet today.

Easy Cash Outs From The Top PayPal Betting Sites

You can easily request a withdrawal from the top PayPal betting sites. Follow the steps below to get your funds in a safe and timely manner using PayPal.

  1. Log into the PayPal betting site.
  2. Navigate to the cashier's page and click through the withdrawal option.
  3. Click PayPal as your desired banking method, and request a withdrawal.
  4. Enter the exact amount to want to withdraw from the account.
  5. Check over the page and make sure everything is as you want it to be, including the amount that you want to withdraw from the account.
  6. Click the submit button to finalize the PayPal withdrawal process.

As long as you follow the steps listed above, making a withdrawal request from any of the top PayPal betting sites is an easy, streamlined process.

You should expect to receive your funds within a few hours, but please do be aware that it could take up to three days, in case there are any issues.

Top 5 Alternatives To PayPal Sportsbooks

Although PayPal is one of the most popular payment methods, there are also alternatives PayPal sportsbooks, which are listed below.

PayPal sportsbooks continue to gain popularity since this payment method is virtually free of fees. When you use PayPal to fund a sports betting account, deposits hit your account in a timely manner. It is also one of the most convenient ways to process a withdrawal.

Bonus Bets And Promo Offers Available With PayPal Sportsbooks

Betting with PayPal sportsbooks doesn't only provide a quick and simply deposit method, but also gives you the option to take advantage of generous bonus bets and promo offers from these top sports betting apps.

The best PayPal sportsbooks and their welcome bonuses are listed below:

  • #1 BetMGM: BetMGM Bonus Code ROTOBONUS gives new users a $1,000 first bet offer.
  • #2 Caesars: Use the Caesars Sportsbook Promo Code ROTOFULL for a first bet on Caesars, up to $1,250.
  • #3 Bet365: Claim the Bet365 Promo Code for $200 in bonus bets when you bet $1.
  • #4 DraftKings: New users can sign up with the DraftKings Promo Code and get $150 in bonus bets after they make a first bet of at least $5 or more. 
  • #5 FanDuel: The FanDuel Promo Code gives new users a No Sweat First Bet for up to $1,000. 

Conclusion On Best PayPal Betting Sites

The best PayPal betting sites are featured in this guide. They include BetMGM, Caesars Sportsbook, Bet365, DraftKings Sportsbook, and FanDuel Sportsbook. We recommend betting with PayPal online betting sites as they provide a seamless deposit and withdrawal process, along with some of the top welcome bonuses in the country.

Sign up and bet with PayPal betting sites today!

PayPal Betting Sites FAQS

What is the best PayPal betting site?


The best PayPal betting site is BetMGM. The online sports betting site provides users with an abundance of sports betting markets and bet types, like live betting and one game parlays. Making PayPal deposits at BetMGM also unlocks a generous welcome offer with the BetMGM Bonus Code ROTOBONUS. New users get a $1,000 first bet offer that can be used on any open sports betting market without any restrictions on odds or bet type.

Do any gambling sites accept PayPal?


Yes, many gambling sites accept PayPal. They include some of the top online sportsbooks and online casinos. Some of the best sites that accept PayPal include BetMGM, DraftKings, and FanDuel.

What sports betting sites take PayPal?


All of the best sports betting sites accept PayPal. Examples of the best PayPal betting sites include BetMGM, Caesars Sportsbook, Bet365, DraftKings Sportsbook, and FanDuel Sportsbook.

Can you deposit using PayPal if you don't have a PayPal account?


Yes, you can deposit using PayPal if you don't have a PayPal account as a guest. However, there are limitations when you go this route. If you want to make a deposit using PayPal, it's best to create a PayPal account, but you can also do so with a credit or debit card via the PayPal site or app.

What countries are allowed to use PayPal?


Most countries around the globe are allowed to use PayPal. It is legal in more than 200 countries, including the United States, the United Kingdom, and France.

Is PayPal a safe way to deposit at betting sites?


Yes, PayPal is a safe way to deposit at betting sites. PayPal offers sports bettors a safe and convenient way to make a deposit into a sports betting account. PayPal is one of the largest e-wallets, with layers of security and a devoted customer base worldwide. Using betting sites that accept PayPal is absolutely safe for deposits.

BetMGM Bonus Code ROTOBONUS: Get A First Bet Offer Tonight
Sign up with the BetMGM Bonus Code ROTOBONUS to get a first bet offer tonight. Use the bonus code ROTOBONUS for a $1,000 first bet on MLB odds on Memorial Day.
FanDuel Promo Code - Get A $1K No Sweat First Bet On Memorial Day
Activate the FanDuel Promo Code to get a $1K No Sweat First Bet on Memorial Day. Sign up with FanDuel Sportsbook to bet on MLB odds on Memorial Day now.
Memorial Day Betting Bonuses - Claim Thousands In Welcome Offers
Sign up with the best Memorial Day betting bonuses to claim thousands in welcome offers. Claim the top sports betting promos to bet on MLB today.
Anthony Cervino
Contributor since June 2022
Anthony is an NFL Writer and Betting Analyst for The Game Day. He is also a lifelong NFL savant and self-proclaimed league historian. In the industry, Anthony has excelled in both the fantasy football and sports betting space, including a top-three finish in an FFPC BestBall tournament (2021). Anthony has made appearances on SiriusXM, amongst other publications. He is also the co-creator of the FF Faceoff (Faceoff Sports Network) and the FF Faceoff Mental Health Podathon partnered with the Hayden Hurst Foundation. Industry Clout: Top-15 ranker in the FantasyPros ECR (2019, 2021), including second at quarterback and third at tight end (2021) . Eighth most accurate ranker in the FantasyPros ECR for sleepers (2020) -- 13th most accurate ranker in the FantasyPros ECR.
Follow Anthony Cervino