PayPal Betting Sites: Sportsbooks That Take PayPal

While the top sports 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.

Create a sports betting account today. These are the top eight PayPal betting sites:

1. BetMGM
2. Caesars Sportsbook
3. Fanatics Sportsbook
4. bet365
5. FanDuel
6. DraftKings 
7. BetRivers
8. ESPN BET

The best PayPal betting sites which accept PayPal as a banking method are ranked below. These online sports betting sites are among the best. They all offer terrific features and promos that sports bettors can take advantage of each and every day.

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

No. 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.

The BetMGM bonus code ROTOSPORTS gets new users a $1,500 first bet offer. If you are in Kentucky, Massachusetts, Michigan, Washington DC or New Jersey, use the bonus code ROTOBONUS.

No. 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 sportsbooks for many reasons, including a top rewards program (Caesars Rewards) as well as daily odds boosts across multiple sports.

The Caesars Sportsbook promo code ROTODYW gives new users the chance to double your winnings on your next 10 bets when you bet $1.

No. 3 – Fanatics Sportsbook

One of the newer online sportsbooks to hit the scene, Fanatics Sportsbook has hit the ground running with live streaming, an excellent loyalty program and an easy-to-use betting app. New users can get started with the Fanatics Sportsbook promo and unlock some initial bonus bets.

No. 4 – bet365

bet365 is one of the most popular online betting sites that uses PayPal deposits worldwide. It is rapidly becoming just as prominent in the United States. After launching in New Jersey, the bet365 sportsbook is now live Arizona, Colorado, Ohio, Kentucky and more among other locations, with plans for further expansion.

The bet365 bonus code ROTOWIRE gets new users a first-bet safety net up to $1,000 when they sign up for an account.

No. 5 – FanDuel

FanDuel 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.

The FanDuel promo code is a bet $5, win $150 in bonus bets offer + 3 months of NBA league pass.

No. 6 – DraftKings

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.

The DraftKings promo code rewards new users with $150 if your bet wins when you bet $5.

No. 7 – BetRivers

Another online betting site that takes great pride in its mobile betting app, BetRivers has established itself as a go-to sportsbook for both new and experienced sports bettors. Based on the state you sign up on, you can unlock a unique welcome bonus with the BetRivers bonus code.

No. 8 – ESPN BET

ESPN BET has emerged as one of the best PayPal online sports betting sites for many reasons, including a top rewards program, ongoing bonuses and promotions for both new and existing users, and an exclusive welcome offer with the ESPN BET promo code ROTO. 

Among the top 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.

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 www.PayPal.com 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 of your choice.

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 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.

Pros of 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.

Cons of 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.

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.

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.

PayPal was initially reluctant to jump into the legal sports betting space. Given the popularity of online sports betting, it was only a matter of time before the popular e-wallet came around and saw the possibilities for growth in 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 online gambling. Shortly thereafter, PayPal began to process payments for online poker sites. 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 USA

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 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.

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.

Although PayPal is one of the most popular payment methods, there are the alternatives to PayPal at online sportsbooks:

• Bank Account Transfers
• PayNearMe
• Play+
• ACH/e-check
• Debit Cards
• Credit Card Betting Sites

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.

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!