Venmo Betting Sites July 2025: Sportsbooks That Take Venmo

While these best Venmo betting sites feature a number of banking options those that take Venmo are typically considered the top-tier. Betting with sportsbooks that take Venmo deposits and withdrawals continue to grow in popularity as this payment method is one of the fastest and safest payment methods that also doesn't require fees. Here are the best Venmo betting sites reviewed. 

How We Rate the Best Venmo Betting Sites

We at RotoWire maintain the utmost objectivity in rating the Best Venmo Betting Sites, utilizing our unique in-house rating system. Our team of online betting experts evaluate these brands while taking into account user interface, promos and bonuses, banking options, customer service and unique features. You can trust our reviews and ratings as they come from a team of experts with decades of experience in sports betting and research and consulting as well. 

When you're creating a new sports betting account, here are the top eight Venmo betting sites:

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

The best Venmo betting sites are ranked below. While we love these sites because they offer Venmo deposits and withdrawals, they also offer great betting features and bonuses that bettors can take advantage of. 

1. BetMGM

BetMGM is one of the best Venmo betting sites. The brand offers a wide variety of betting markets, wager types and ongoing bonuses and promos, so there's something for every bettor here. 

And the cherry on top is the BetMGM bonus code ROTOSPORTS (or ROTOBONUS in KY, MA, NY) to claim a first bet offer of $1,500. 

2. Fanatics Sportsbook

Despite being on of the newer sportsbooks to hit the betting scene, Fanatics Sportsbook has quickly become one of the most popular betting sites that offer Venmo. This is a great operator that is easy to use and offers a great loyalty program that rewards FanCash to bettors. 

So head over and remember to claim the Fanatics Sportsbook promo code that grants a variation of bonus bets ranging from $250 to $300 OR up to $1,000 in No Sweat Bets.

3. bet365

bet365 is the most popular sportsbook globally, and it just so happens that it's also a sportsbook that takes Venmo. bet365 is rapidly expanding in the US, so there's a good chance that you'll be able to experience this sports betting site that offers some of the best odds and promos. 

To make things better, the bet365 bonus code is one of the best among Venmo betting apps - giving users the choice between a Bet $5, Get $150 in bonus bets instantly welcome offer OR a first bet safety net of up to $1,000.  

4. DraftKings

DraftKings is a well-known brand across all of sports betting and daily fantasy sports, so it should come as no surprise that this also a Venmo sportsbook. While DraftKings offers some of the best odds and lines in the game, the DraftKings promo code is an awesome grab that grants $150 in bonus bets just for betting $5. 

5. Caesars Sportsbook

Caesars Sportsbook has emerged as one of the best Venmo online betting sites over the last few years. Chances are you've heard of the Caesars brand, and for good reason, as Caesars is a legendary name in the gambling industry. In addition, the Caesars Sportsbook promo code ROTODYW is a great choice given you receive 100% profit boosts to use on your next 10 bets. 

6. FanDuel

FanDuel is the top Venmo sports betting site if you're looking for a great sports betting experience. This brand offers the best odds and a ton of betting markets, while the FanDuel promo code is tough to beat as it gives new bettors $150 in bonus bets if their first $5 bet wins. 

7. BetRivers

BetRivers is yet another great Venmo online betting site for several reasons - including a great rewards program and a user friendly interface. Add in the BetRivers promo code that grants new users the 2nd Chance Bet Up To $500 welcome offer. 

8. ESPN BET

ESPN BET is one of the top Venmo betting sites for a variety of reasons - including a great rewards program, ongoing bonuses and our exclusive welcome offer with the ESPN BET promo code ROTO. 

Venmo is a mobile payment provider that allows users to send and receive money via a smartphone or website. It's a popular app that works similar to PayPal (parent company of Venmo) that allows users to transfer money on a peer-to-peer basis and also conduct business. 

More recently, Venmo has been emerging as a popular banking option for sportsbooks given its simplicity and security. If you're looking for an easy and safe way to transfer money to your sports betting account, give Venmo or PayPal betting sites a try. 

Getting started with a Venmo betting site is easy. Follow these steps to learn how to fund betting sites with a Venmo account in no time.

1. ✅ Create a Venmo Account: Sign up for a Venmo account and link it to your bank account or debit card. 
2. ✅ Choose a Venmo Sports Betting Site: Choose a sports betting site that allows Venmo as a banking option. Fortunately, most sportsbooks allow Venmo. 
3. ✅ Deposit Funds from Venmo: Select Venmo as a deposit method on your chosen sportsbook and entered the desired amount. 
4. ✅ Place Your Bets: Once your deposit goes through and your account is funded, you can begin placing bets. 
5. ✅ Withdraw Winnings: If your bet wins, you can withdraw your sports betting winnings through Venmo. 

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

How to Deposit at Venmo Sportsbooks

Making deposits at sportsbooks that allow Venmo is a simple process that allows you to deposit and withdraw money nearly instantly. Note that this process will differ among each sportsbook. Here's how to do so:

1. Head to the banking options section
2. Select Venmo as your deposit method
3. Select the amount you wish to deposit (usually $10 minimum)
4. Connect your Venmo account
5. Confirm your deposit

Note that Venmo has a maximum deposit limit of $5,999 per transaction and $19,999 per week for verified accounts. For those with unverified accounts, you're limited to $299 daily for deposits. 

How to Withdraw at Venmo Sportsbooks

Withdrawals at sportsbooks allowing Venmo are also an easy process. 

1. Head to the banking section
2. Choose "Withdraw" and select the amount that you wish to withdraw
3. Venmo should already be your default banking option, if not, select Venmo as your withdrawal method
4. Tap Request Withdrawl

There's no minimum withdrawal amount for users at Venmo sports betting sites, though there is a maximum of $20,000. 

How Fast is the Withdrawal Time at Venmo Sports Betting Sites?

The withdrawal time at Venmo sports betting sites can be nearly instant if your account is linked. If it's not linked, it can take up to 48 hours, which is still much better than most other sportsbook withdrawal options. 

Venmo sportsbooks are among the best available options for banking when betting on sports. However, just like any other banking option, Venmo sports betting does come with its pros and cons. 

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

Pros of Venmo Online Betting Sites

1. ✅ Ease of Use. Venmo is one of the easiest banking options to use.
2. ✅ Security and Privacy. Venmo is secure and you have the option to privatize your transactions.
3. ✅ User-Friendly Interface. The interface at Venmo is simple without any additional clutter. 

Cons of Venmo Online Betting Sites

1. ❌ Need to Link Your Venmo Account. You need to link your Venmo account in order to achieve the best experience while using Venmo to fund your account. 
2. ❌ Availability. Venmo may not be available on each sportsbook.

While using Venmo while sports betting is a painless process, there are still rules and restrictions associated with using this payment method. Here's what to keep mind of:

Potential Limits

Venmo's limits are designed to mitigate fraud but can feel restrictive for frequent bettors. Always check the specific sportsbook's limits, as they may differ from sportsbooks that allow Venmo, and unverified accounts face significantly tighter restrictions, making verification essential.

Processing Times

While Venmo's instant deposits are a major advantage for quick betting, withdrawal times can be inconsistent. Bettors should plan for potential delays, especially with unverified accounts or during high-volume periods, and contact customer support if funds are delayed beyond the stated timeframe.

Potential Fees

While Venmo itself is low-cost, bettors should be cautious of instant transfer fees and ensure their sportsbook's bonus terms include Venmo deposits. The lack of clarity on fees for third-party services like MatchPay suggests potential hidden costs, so always verify with the sportsbook.

The best Venmo betting sites in sports betting states include the likes of BetMGM, Caesars Sportsbook, bet365, DraftKings and FanDuel. We recommend betting with Venmo online betting sites as these provide safe and simple deposit and withdrawal options with some of the best sports betting bonuses in the US. So sign up and bet with Venmo betting sites today!