If you're looking for an online betting site with an easy-to-use method to deposit and withdraw your money, you might be interested in checking out PayPal betting sites. Betting sites that work with PayPal have already done the heavy lifting and set up an easy-to-use, fast way for you to fund your betting account and withdraw your winnings.
2020 Legal US Sports Betting Sites That Accept PayPal By Calvin McAlee Aug 26, 2020, 9:46pm PayPal is one of the fastest and safest ways to both deposit and withdraw your money. You can sync you bank account directly to your PayPal account and move money between accounts in seconds for just a small fee. PayPal Sports Betting – A Preferred Option with Bettors The fraternity of reliable PayPal sports betting sites will take your PayPal account and match it right up to your betting one. A brilliant payment. Sports Betting Sites that Accept PayPal As far as online payment methods go, PayPal is widely considered to be the most popular and convenient. As with other online web wallets, PayPal customers can fund their account using any number of options, ranging from Visa, Mastercard, Amex, and even directly with the use of a bank account or debit card.
You'll see in our list below some of the best PayPal betting sites offering a trusted, top-notch experience. All you have to do to get started today is check out a few of these sites, find the one that fits best for you, and start trying to rack up a win!
Betting Site | Bonus | Bet Now | |
|---|---|---|---|
| 1 | up to €30 Free Bet | Go to Site | |
| 2 | 22Bet | 100% up to €122 | Go to Site |
| 3 | 100% up to €200 | Go to Site | |
| 4 | 10Bet | 100% up to €50 | Go to Site |
| 5 | 100% up to €50 | Go to Site |
Sports Betting Online
The Advantages of PayPal Betting Sites
Before we get into how PayPal betting sites work and a few other things you need to know, we want to cover the advantages of using one of these sites. Below, you'll find a list of the three biggest perks of choosing to bet with a PayPal betting site. These are not all of the perks, but certainly, they're the three biggest that we wanted to make sure to point out. It doesn't matter to us what type of betting site you use, as long as you use the best one that works for you. That being said, you'll probably see that PayPal betting sites are probably going to be a good fit for a lot of you.
Privacy of Your Banking Information
PayPal is a massive international company that is trusted by pretty much every business in the world. With a market cap of over $50 billion, they're certainly not some fly-by-night processor that you have to worry about. We share all of that information to point out that you can trust your banking information with them.
Now, we have a lot of trust with the online betting sites that we recommend, but you may have never heard of them and might be a little skeptical about giving them your banking information. You might not be ready to just surrender your trust and your information. This is where PayPal comes in.
Most people that use PayPal (179 million users) choose it so that they don't have to use their banking information with any other online sites. Instead, they use PayPal as a middleman to do all of their transactions. As you'll see when we discuss how PayPal deposits work, they take the money from your credit card, debit card, or bank account, and then they complete the transaction with their own banking information. So, no matter how many sites or companies you use PayPal with to make purchases or deposits, you never have to share your banking information with any of them.
This helps to keep your personal banking information or card information safe.
Easy Method to Withdraw
Not only is PayPal great for getting your money onto an online betting site, but it's also a great way for you to withdraw your winnings. Typically, if you use PayPal to deposit onto a site, they will then allow you to use it to withdraw your funds. The only reason they require at least one-lifetime deposit is to make sure that when they withdraw the money, it goes to the right account. So, you can make a $5 deposit on PayPal, and then withdraw as much money as you want for the remainder of the life of your account.
Usually, there are no or low fees associated with this withdrawal method (depending on the site you choose to bet with). The cash-out wait period is typically only a few days at the most from the time of your request to become available in your account. Some sites can even get these cash-outs done in less than 24 hours!
Fewer Headaches and Bank Issues
If you've ever tried to make a deposit into an online betting site before, you know that sometimes there can be issues. Specifically, you'll run into one of two problems. One, the method you are using is confusing or not well laid out and can be more headache than it's actually worth. Or two, if you're using a mainstream option like a credit card deposit, you may run into problems with your bank declining the charge because they think it's fraudulent. Usually, you can work around this, but it requires you to call your bank and work with them to get the transaction through. With PayPal, though, there are usually no issues with any bank as it is such a major reputable business.
How Does a PayPal Deposit and Withdrawal Work?
Some of you may have never used PayPal before, which could make this option seem a little bit intimidating. But, never fear – we're going to walk you through exactly how it all works. There's a reason that over 179 million people choose to use PayPal.
Deposits
Normally, when you make an online purchase (a deposit is the same as a purchase), you have to give your payment information to the site you are making the purchase with. This could be your banking information, your debit card number, or your credit card number. The site then takes their money and puts the funds in your account or sends you the product you are purchasing.
If you end up making a purchase with 10 different sites, 10 different companies now have your information in their systems. If you make 100 purchases, 100 different companies have your information in your systems. This is not a big deal unless one of these sites gets hacked and their information becomes comprised. Obviously, if you have your information with more sites, you're more likely to be a victim of a mass hacking, which happens far too often at all different types of online businesses these days.
During this process, the only company that sees your banking information is PayPal. Technically, you make a purchase/deposit with PayPal first, and then they go and make a secondary purchase/deposit on your behalf using their own banking information. This means that the site you are buying from will only see PayPal's information. That means if that site is ever hacked, the only company that needs to worry about their information being compromised is PayPal. You are completely protected and insulated.
So, even if you make 1000 different purchases online using PayPal, only one company sees your banking information. And that company has 179 million users, more than a 50 billion dollar market cap, and some of the best security possible. You only have to give your information to one major company that you can trust.
We're not saying that online betting sites are more susceptible to getting hacked, but why not take advantage of the added layer of security just in case? In fact, you should probably be using PayPal or a site like it with all of your transactions online.
Withdrawals
When you're making a withdrawal with your PayPal account, you're equally as insulated. Just as there were two transactions with a deposit (you pay PayPal, and then they pay the betting site), there are two transactions when you make a withdrawal. PayPal will provide their banking information when you request a withdrawal, and the betting site will send your money to PayPal's main account. Then, PayPal will make a second transaction, transferring your money from their main account into your personal PayPal account.
Legal Online Sports Betting Sites
Now, if you've never used PayPal before, the next obvious question is how do you use your money? Well, you have two options.
Things You Need to Know
Before we send you out on your own, we wanted to point out a few additional important things that you need to know about PayPal betting sites. We want to make sure that we answer as many of the most popular questions and topics of discussions surrounding these types of sites.
Be Aware of Potential Limits
One thing that you're going to run into when using a PayPal betting site is limits on how much you can deposit. Typically, these limits are going to be high enough for most, but if you're a big player, you may have a few issues you have to work around. The limits are all over the place depending on where you are betting, with the low end being a couple hundred and the high end being well into the multiple thousands.
Time Frames for Deposits and Withdrawals
PayPal deposits are usually instant after you click to make the deposit from the site. But keep in mind that you will need to set up your PayPal account if you don't already have one. It doesn't take too long, but you will need to link a bank account or credit/debit card to your account which will take a few minutes.
Paypal Sports Betting App
Regarding PayPal withdrawals, they usually process within a few days at the max. The reason they aren't instant is that once you request the withdrawal, the betting site has to process the withdrawal, and then it has to go through its 'two transactions' before it finally gets to your account. How quick the betting site is at getting to your withdrawal request will determine how quickly you get your money.
Are There Any Fees?
What we normally see at PayPal betting sites are no fees on deposits or withdrawals. Rarely, we will see a small fee on withdrawals, but never have we seen one on a deposit. The fees that PayPal charges to make their money on your deposit are always absorbed and paid by the betting site.
Safety and Security
We touched on this during the benefits section of our guide, but we wanted to drive it home a little further. Online betting sites aren't any more dangerous than other online sites in other industries. In fact, the reputable sites are typically a lot safer than the other online merchants you might use because they spend a lot extra to keep your information and money safe. Sycuan resort. They usually have to have the same level of protective measures as a bank, which means you can expect great security. Remember, this is only with reputable online betting sites, though.
All that being said, you still should be looking to do everything you can to make your online betting experience as safe as possible. When you use PayPal to fund your account and withdraw your winnings, you're going the extra mile to make sure your information is safe. You never have to share any of your personal banking information with any of the online betting sites you use. That means that if they ever somehow get hacked or have a data breach, you're not going to be at risk.
So, if your question is whether or not PayPal betting sites are safe, they are as long as you are using a reputable site.
In Conclusion
If you're looking to get into the betting action and want a safer experience, you're probably going to be a fan of PayPal betting sites. These sites offer you a quick way to load money online and a quick and headache-free way to get your winnings off. To get started, just select one of the PayPal betting sites we've recommended at the top of the page, and get yourself into the action today!
PayPal has steadily increased in popularity as a banking method for online sports betting as more states have legalized online sports betting. Only a handful of retail casinos accept PayPal deposits, but state-licensed online sportsbooks often use PayPal as a popular alternative to traditional credit and debit card deposits. PayPal is a widely trusted buffer between your bank account and online sports betting sites, and the site has invested millions of dollars in cybersecurity to avoid data breaches that have become all too common.
This page will cover everything you need to know about PayPal specifically as it relates to online sports betting. Key topics include the promotions and bonuses available for players using PayPal to fund their online sports betting, the legality of sports betting with PayPal, betting types available for PayPal users, and more. PayPal is on the forefront of the personal banking revolution and is one of the most recognizable brands in the world, so it is important that all bettors understand how they can make the best possible use of PayPal as a betting tool.
The Legality Of PayPal Sports Betting Sites
The legality of PayPal sports betting sites comes with a bit of an interesting story. PayPal was one of the first ewallet services to fill the needs of US sports bettors that were using online offshore sportsbooks. However, shortly after the company was bought out by eBay, PayPal was targeted by a federal investigation for processing payments to unregulated sports betting sites. They were forced to pay a fine of up to $10 million dollars in 2002 and after that PayPal ceased handling any transactions with offshore sites that accept U.S. players.
But, now that the federal landscape for US sports betting has changed, PayPal sports betting sites are alive and well. The many online and mobile sportsbook apps in New Jersey and Nevada all use PayPal as a means to accept deposits and handle withdrawals. PayPal will only handle sportsbook transactions for websites that are licensed and regulated in the territory of which they are operating. That is why Nevada and New Jersey are the main two states that have sports betting sites with PayPal.
Betting On Super Bowl 55 In Florida
Super Bowl 55
Sunday, February 7th, 6:30 EST
Kansas City Chiefs
vs.
Tampa Bay Buccaneers
We're not saying that online betting sites are more susceptible to getting hacked, but why not take advantage of the added layer of security just in case? In fact, you should probably be using PayPal or a site like it with all of your transactions online.
Withdrawals
When you're making a withdrawal with your PayPal account, you're equally as insulated. Just as there were two transactions with a deposit (you pay PayPal, and then they pay the betting site), there are two transactions when you make a withdrawal. PayPal will provide their banking information when you request a withdrawal, and the betting site will send your money to PayPal's main account. Then, PayPal will make a second transaction, transferring your money from their main account into your personal PayPal account.
Legal Online Sports Betting Sites
Now, if you've never used PayPal before, the next obvious question is how do you use your money? Well, you have two options.
Things You Need to Know
Before we send you out on your own, we wanted to point out a few additional important things that you need to know about PayPal betting sites. We want to make sure that we answer as many of the most popular questions and topics of discussions surrounding these types of sites.
Be Aware of Potential Limits
One thing that you're going to run into when using a PayPal betting site is limits on how much you can deposit. Typically, these limits are going to be high enough for most, but if you're a big player, you may have a few issues you have to work around. The limits are all over the place depending on where you are betting, with the low end being a couple hundred and the high end being well into the multiple thousands.
Time Frames for Deposits and Withdrawals
PayPal deposits are usually instant after you click to make the deposit from the site. But keep in mind that you will need to set up your PayPal account if you don't already have one. It doesn't take too long, but you will need to link a bank account or credit/debit card to your account which will take a few minutes.
Paypal Sports Betting App
Regarding PayPal withdrawals, they usually process within a few days at the max. The reason they aren't instant is that once you request the withdrawal, the betting site has to process the withdrawal, and then it has to go through its 'two transactions' before it finally gets to your account. How quick the betting site is at getting to your withdrawal request will determine how quickly you get your money.
Are There Any Fees?
What we normally see at PayPal betting sites are no fees on deposits or withdrawals. Rarely, we will see a small fee on withdrawals, but never have we seen one on a deposit. The fees that PayPal charges to make their money on your deposit are always absorbed and paid by the betting site.
Safety and Security
We touched on this during the benefits section of our guide, but we wanted to drive it home a little further. Online betting sites aren't any more dangerous than other online sites in other industries. In fact, the reputable sites are typically a lot safer than the other online merchants you might use because they spend a lot extra to keep your information and money safe. Sycuan resort. They usually have to have the same level of protective measures as a bank, which means you can expect great security. Remember, this is only with reputable online betting sites, though.
All that being said, you still should be looking to do everything you can to make your online betting experience as safe as possible. When you use PayPal to fund your account and withdraw your winnings, you're going the extra mile to make sure your information is safe. You never have to share any of your personal banking information with any of the online betting sites you use. That means that if they ever somehow get hacked or have a data breach, you're not going to be at risk.
So, if your question is whether or not PayPal betting sites are safe, they are as long as you are using a reputable site.
In Conclusion
If you're looking to get into the betting action and want a safer experience, you're probably going to be a fan of PayPal betting sites. These sites offer you a quick way to load money online and a quick and headache-free way to get your winnings off. To get started, just select one of the PayPal betting sites we've recommended at the top of the page, and get yourself into the action today!
PayPal has steadily increased in popularity as a banking method for online sports betting as more states have legalized online sports betting. Only a handful of retail casinos accept PayPal deposits, but state-licensed online sportsbooks often use PayPal as a popular alternative to traditional credit and debit card deposits. PayPal is a widely trusted buffer between your bank account and online sports betting sites, and the site has invested millions of dollars in cybersecurity to avoid data breaches that have become all too common.
This page will cover everything you need to know about PayPal specifically as it relates to online sports betting. Key topics include the promotions and bonuses available for players using PayPal to fund their online sports betting, the legality of sports betting with PayPal, betting types available for PayPal users, and more. PayPal is on the forefront of the personal banking revolution and is one of the most recognizable brands in the world, so it is important that all bettors understand how they can make the best possible use of PayPal as a betting tool.
The Legality Of PayPal Sports Betting Sites
The legality of PayPal sports betting sites comes with a bit of an interesting story. PayPal was one of the first ewallet services to fill the needs of US sports bettors that were using online offshore sportsbooks. However, shortly after the company was bought out by eBay, PayPal was targeted by a federal investigation for processing payments to unregulated sports betting sites. They were forced to pay a fine of up to $10 million dollars in 2002 and after that PayPal ceased handling any transactions with offshore sites that accept U.S. players.
But, now that the federal landscape for US sports betting has changed, PayPal sports betting sites are alive and well. The many online and mobile sportsbook apps in New Jersey and Nevada all use PayPal as a means to accept deposits and handle withdrawals. PayPal will only handle sportsbook transactions for websites that are licensed and regulated in the territory of which they are operating. That is why Nevada and New Jersey are the main two states that have sports betting sites with PayPal.
Betting On Super Bowl 55 In Florida
Super Bowl 55
Sunday, February 7th, 6:30 EST
Kansas City Chiefs
vs.
Tampa Bay Buccaneers
Using PayPal to bet on the Super Bowl comes with some restrictions. Generally, the sportsbooks that accept PayPal are going to be located offshore, with a couple exceptions. Sportsbooks in New Jersey and New York currently accept Paypal, while most other state sanctioned books require the usage of more direct forms of payment.
This is not a problem, however. The offshore sportsbooks are perhaps the best online sportsbooks around, and they have some of the most competitive and enticing odds for SB LV. Indeed, the prop betting selection on the offshore books will far exceed the state sanctioned books due to how the sports betting laws are worded in each state. Basically, if you use PayPal, you have access to the best books around – the safe and secure offshore sportsbooks.
How PayPal Sports Betting Sites Work
If you're trying to figure out how PayPal sports betting sites work, you have to first sign up and make an account with PayPal. Doing so will require many of the basic bits of information you use for any online service. This means putting in your basic personal information such as name and address, as well as some sort of banking information in order to fund your account. You cannot use someone else's account if you're trying to deposit into your PayPal sportsbook. If you choose to use a credit or debit card to fund your PayPal account you will be charged 2.9%. While this may seem like an inconvenience, the added protection of your money is worth it.
In order to collect your winnings from a PayPal sports betting site, you will have to have made your deposit with PayPal. The methods in which you collect your earnings can be through an electronic check or a check by mail. PayPal even has a debit card that can be used at an ATM if you are trying to receive cash. Withdrawals can be a little slower than other competing ewallets, but the reputation of PayPal in the online payment industry speaks for itself.
Betting Markets + Wager Types At PayPal Sportsbooks
PayPal sportsbooks have all types of betting options. Because sportsbooks that use PayPal are mainly found in Nevada and New Jersey, you'll be able to access moneyline, spreads, totals, futures, props, and other types of bets. The one betting market that you may not be able to find if you're using a PayPal sports betting site in New Jersey are bets on NJ-based college sports teams or college sporting events taking place in NJ. That is not because of a rule instilled by PayPal, but rather it is one of the sports betting laws in that state. Sports betting sites with PayPal in most other states don't have to worry about this rule. However, using Paypal to bet on the Super Bowl and other major events is never an issue. Here are some of the common betting markets at PayPal sportsbooks:
| Football | Basketball | Baseball |
| Hockey | Soccer | Tennis |
| Golf |
Bonuses At PayPal Sportsbooks
Bonuses that are offered at PayPal sportsbooks are pretty similar across the board. If you live in New Jersey or have visited there you have most likely downloaded the DraftKings, FanDuel, or 888sport mobile sports wagering app. Each of these sports betting sites use PayPal. First-time users of DraftKings are eligible for a 50% deposit match bonus that's worth up to $500 dollars. New sportsbook customers for FanDuel are also eligible for a $500 risk-free bet on the first wager they place on the site. The 888sport welcome bonus is almost identical to the one offered by DraftKings. Each of these promotions are based on sportsbook deposit bonuses and depositing to a PayPal sportsbook is extremely easy once you've made an account
Live Betting At PayPal Sports Betting Sites
Live betting at PayPal sports betting sites is arguably the most fun way to bet on sports. Period. Live betting, in general, allows you to place bets on events that are happening within a game as the game is playing out in real-time. Odds are updated constantly so you have to make quick and decisive choices for these betting lines. This also requires that you are able to make deposits into your account quickly. If you're using a PayPal sports betting site then you will have this opportunity because payment processing through the service is instant and seamless. In order to get NFL betting online with Paypal, be sure that your account is set up beforehand just in case you need to make additional deposits while live bets are still up for grabs.
Customer Service At PayPal Sportsbooks
Of course, specific customer service options will depend on the PayPal sports betting site that you are using. You will most likely have the option to reach out by telephone, email, or live chat. Agents will be available to answer questions about your account, wagering options, banking inquiries, and just about any other issue that might arise. Of course, if its a concern related to your PayPal account specifically, reaching out to the company directly is also an option. Aside from the number listed below, there is also a web form in their Resolution Center.
Telephone: 1 (888) 221-1161
Do Any US Internet Sportsbooks Accept Paypal?
Yes! There are sports betting sites in New Jersey and Nevada that will accept Paypal as a method of payment. All other internet sportsbooks that accept Paypal will be offshore websites.
Does PayPal Prohibit Any Types Of Gambling?
PayPal has no restrictions when the internet sportsbook has been approved to use their services. All other sites that try and use them as a form of payment without approval are prohibited from doing so. This means that all types of gambling, sports betting included is not allowed.
At What Age Can You Use PayPal At A Sportsbook?
PayPal has no age restrictions when it comes to using their services. They fall in line with the legal gambling ages within the state you reside in. If you are using an offshore sports betting site and your state has a legal age of 18 as the internet sites do, then you only need to be 18 years of age to use Paypal as your preferred method of payment.
Paypal Online Sports Betting
Can I Use Paypal For Fantasy Sports?
Paypal Sports Betting
While PayPal is most popularly known for legal sportsbook deposits, it can also be used for fantasy sports. These fantasy sports include fantasy football, basketball, baseball, and any other sport that has offerings the major DFS sites. Any winnings from fantasy sports contests can also be distributed back through PayPal making it a safe, secure, and relatively fast payment method for fantasy football games and the like.
