PayPal Betting Sites: Best US Sportsbooks that accept PayPal in 2024
Discover all of the best sportsbooks that accept PayPal for sports betting in May 2024.
New customers only | Commercial content | 21+ age limit | T&Cs apply
1
9.5/10
FanDuel reviewBonus up to : $150
2
9/10
DraftKings reviewBonus up to : $200
3
8.5/10
Caesars Sportsbook reviewBonus up to : $1000
4
8.5/10
BetMGM reviewBonus up to : $1500
5
8/10
BetRivers reviewBonus up to : $250
New customers only | Commercial content | 21+ age limit | T&Cs apply
Online sports betting has become a top pastime in the US and many states have legalized online betting. Each state will have different sportsbooks that have obtained licenses and many of these will allow PayPal transactions.
Betting at site that allows PayPal as a sportsbook payment method delivers the security bettors desire along with the convenience of being able to quickly and easily manage an account.
Here, we provide information on how to open a PayPal account to start betting. There are also details on the most popular sportsbooks that support PayPal payments as well as coverage of the main benefits of choosing PayPal as a payment option.
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Sports Betting with PayPal in the US: Fast and Secure
Savvy sports bettors are always looking for a fast and secure way to fund their sportsbook accounts. PayPal is one of the most popular options. Deposits are instant and there are no added fees. PayPal has long been a trusted way to make online payments.
PayPal is known for offering enhanced security features for customers, which is why it's a popular choice when it comes to online sports betting. When making a PayPal deposit, users will be required to log in to their account and confirm the payment. This ensures that only authorized payments are processed and helps to prevent fraudulent activity.
Furthermore, PayPal users are protected against unauthorized transactions, and funds are typically returned very quickly if a fraudulent transaction is detected. So if you're looking for a safe and secure way to fund your sportsbooks account, look no further than PayPal!
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How to Open a PayPal Account to Place Sports Bets in the US
Using PayPal to fund a sportsbook account is a simple process. If bettors do not already have an account, creating a new PayPal account takes a few steps.
As one of the most trusted third-party payment options, PayPal delivers a safe and reliable way to manage funds when betting on sports.
Take a look at the steps below for opening a new account All of these steps must be completed before users can deposit at a licensed online sportsbook.
- Sign Up for an account by visiting PayPal and clicking on Sign Up. Select the type of account preferred and provide a valid telephone number.
- Enter an email address and full name. Here, a password will also be selected. This will be used to access the account in the future, along with the registered email address. All email accounts will have to be verified by clicking on a link sent by PayPal.
- Provide all required personal details. This will include a physical home address.
- Add a bank account or a credit card to the new PayPal account. For any transactions to be completed, PayPal must be linked to either a bank account or a credit card. Credit card use will require the full name on the card, card number, and expiration date. When using a bank account, PayPal will make small deposits to the account. These amounts will have to be verified before the account can be used to conduct any online transactions.
The bank account or credit card that is now linked to PayPal can be used to deposit at an online sportsbook. Simply choose a leading betting site and select PayPal as the method of payment. Enter the amount to deposit, confirm the amount, and the site will redirect users to PayPal.
Here, the transaction a e reviewed before it is confirmed and processed. Once Send Money Now is clicked, the funds will be transferred to the sportsbook immediately.
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Placing Bets in the US with PayPal in 2024
Once you've created your PayPal account, you can log in to your sportsbook account and access the cashier option. You will be presented with PayPal as an option, where you can then enter your PayPal login information. After this, you will simply select the amount you wish to deposit. You'll just need to enter your provided 16-digit number and the deposit amount before the funds will be available for use.
After your deposit has been made, you can choose your desired sport, pick a game or event, and select the bet option. All bets will be listed on the bet slip which can be reviewed before placing an active bet.
Can I Withdraw Using PayPal with a US Sportsbook?
All of the top sportsbooks offer PayPal as a withdraw method! After you've made your successful bet/s it's time to hit that glorious cash out button and collect your winnings. If you want the funds to be added to your PayPal account you can do so with the click of a button.
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PayPal Fees in the United States
Another advantage is no or low fees. The best way to prevent any fees when betting on a PayPal sportsbook is to conduct transactions from the PayPal balance. Any deposit or withdrawal made in this fashion will not accrue fees.
When funding the PayPal account, using a bank transfer will be free. If a credit card is used, a 2.9% fee is added per transaction. If bettors wish to remove funds from PayPal and have them sent to a credit or debit card linked, there will be a 1% fee, with a maximum of $10. Even when fees have to be paid, they are among the lowest in the industry, making PayPal a perfect choice for online sports betting.
US: Minimum and Maximum Amount for PayPal Deposits at Sportsbooks
If you're planning to use your PayPal account to deposit funds into your sportsbook account, it's important to be aware of deposit limits. Each sportsbook has its own deposit limits, and these may vary depending on the user.
While most sportsbooks require a minimum of $10 the maximum deposit limits are much higher. It's always a good idea to check with the sportsbook beforehand to make sure you're aware of any deposit limits that may apply.
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Top US Sportsbooks Accepting PayPal in 2024
Many sportsbooks are operating online, but not everyone will accept PayPal. Here, bettors can learn a bit about the best PayPal sportsbooks. These sites are all licensed in the US and provide enhanced security. Ready to get started betting and enjoying fast payments? Check out these reputable and trustworthy sites.
FanDuel
FanDuel first launched as a daily fantasy sports site but went on to add a complete sportsbook. It is one of the most popular brands and provides a wide array of markets. This sportsbook supports deposits and withdrawals using PayPal and is known for offering some great bonuses to new and returning members.
DraftKings
DraftKings is recognized as being the best betting site in the US. Using enhanced technology, this sportsbook delivers an amazing experience and rewards members with super bonuses. Fund an account using PayPal and enjoy fast withdrawals using this trusted e-wallet. Funds can be used for traditional sports betting, daily fantasy sports, or live betting.
BetMGM
BetMGM operates in numerous states across the country and has an amazing array of betting lines. From professional sports to niche events, there is always something to bet on. At BetMGM all transactions are processed using SSL encryption software and PayPal is one of the supported options.
Caesars
Caesars is a huge name in the gambling industry and not only is there an exciting casino option, but there is a sportsbook as well. Caesars was one of the first companies to launch a sportsbook in the US and has continued to grow. Now available in more than 20 states, this sportsbook delivers endless opportunities to earn profits. Open and fund an account using PayPal to start benefitting from the best odds, top-notch customer support, and some of the best-paying bonuses online.
BetRivers
Operating in 14 states, BetRivers has become one of the trusted brands in the betting industry. Use PayPal to fund an account and enjoy competitive odds, live betting, loyalty rewards, and more. BetRivers is one of the few sportsbooks that feature live streaming, which includes coverage of basketball, baseball, NFL, tennis, and soccer.
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Why Use PayPal when Betting Online in the US?
Online sportsbooks like those mentioned above want to ensure that users always have a secure way to manage accounts. As a PayPal sportsbook, these sites can deliver top betting action while allowing members to easily conduct deposits and withdrawals.
Enhanced Security Measures
There are many great benefits when using PayPal as a way to engage in sports betting online and the number one perk is the enhanced security offered. PayPal has a tremendous record for providing secure payments and since 1998, the company has been trusted by millions of users globally. Today, PayPal uses the latest technology and security measures.
Fast Transactions
The speed of transactions is also appealing. This can benefit the sportsbook as well as bettors. By offering fast transaction times, customers remain happy. With this e-wallet, payments can be processed very quickly. All deposits made using PayPal will be conducted instantly. When it comes to withdrawals, funds will appear in the PayPal account in less than 24 hours, once the sportsbook has approved the withdrawal request.
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