PayPal Betting Sites in 2024

There are simply tons of betting sites that accept PayPal, including the biggest players like FanDuel, DraftKings, and BetMGM.

It also doesn’t hurt that the payment processor makes the process of adding funds even easier, with some transactions taking you under 10 seconds to complete .

If that sounds like something you would be interested in for sports betting, you’re not alone. We’ll take you through how you use PayPal and some of the advantages that come with the payment method.

Pros of PayPal Betting

• high level of security
• fast transactions
• can be used for both deposits and withdrawals
• widely available

Cons of PayPal Betting

• customer service can be hard to reach

Top PayPal Sports Betting Sites

Before you invest the time and energy into reading up on PayPal, consider which bookmakers accept the processor. To help you out, here is our list of the nation’s top sportsbooks that accept PayPal .

FanDuel: One of our favorites, to say the least, FanDuel offers an accessible platform with great odds and fantastic promotions . You can even use one of their free-to-play offers to test out the site before committing.

BetMGM: Offering a clean and concise betting platform, BetMGM lives up to its Las Vegas reputation. The sportsbook brings with it a large library of sports, lots of betting styles , and slim margins .

DraftKings: DraftKings offers one of the most easy-to-use sportsbooks in the nation, with it taking only a couple of minutes to sign up, deposit, and start wagering. We should also highlight, the sportsbook offers plenty of promotions .

BetRivers: The main draw with BetRivers is the incredible selection of promos , dwarfing most competitors. Those promotions can then be combined with BetRiver’s already stellar odds to create a potentially winning combination.

Caesars: Although originally known for its brick-and-mortar casinos, Caesars now offers one of the best online sportsbooks out there, with lots of promotions, good odds, and a well-made platform.

Betway: As a sportsbook, the brand provides a pretty good overall platform but really excels when it comes to its soccer odds . Betway offers one of the best soccer betting sections we’ve seen.

Unibet: Unibet is the best choice if you’re looking for a wide variety of events and want to place some unique bets. While it may not cover every sport in the world, it has some pretty fun options like Gaelic sports, snooker, and even darts.

Bet365: Bet365 is one of the more well-known sportsbooks out there, and for good reason; it has great odds, a heaping serving of sports, and an ample number of promotions.

Why Using PayPal to Fund Your Betting Account is a Smart Choice

There are plenty of betting sites that take PayPal for a reason; the payment method is known for its security and overall ease of use for both vendors and bettors. It employs state-of-the-art encryption software on both incoming and outgoing transactions, so your money will never get lost.

However, the main benefit of using PayPal is that it can be used for both deposits and withdrawals. There are many other payment options, like Visa and Mastercard, found on top sportsbooks, but those are only available for deposits.

PayPal seems to be the all-in-one solution for sports bettors. Just connect your bank account to PayPal, and you can easily get money on and off a sportsbook.

Betting With PayPal

Using this payment method to gamble seems like a no-brainer, seeing as most online betting sites already use and accept PayPal. Instead of signing up with different credit cards and payment processors, one platform can easily do what you need.

Moreover, PayPal is fairly easy to sign up with, requiring only a little bit of information to get started. You simply need to give your first and last name, email address, address, and password. It’s surprisingly relaxed in terms of identification, especially considering it is a payment processor but that doesn’t mean it’s not safe. Rest assured, it’s safe. Very safe.

To help you get started, we’ll walk you through the signup process and what to expect when using the payment method on sportsbooks.

How to Sign Up for a PayPal Sportsbook and Casino

Here are the steps you need to follow when signing up with a sportsbook:

• Research: Begin by finding a reputable PayPal betting site or PayPal casino site. Ensure they accept PayPal as a payment method. The sites we’ve listed above are all outstanding choices.
• Sign up: Locate the ‘Sign Up’ or ‘Register’ button on the site’s homepage and click it.
• Provide information: Fill in the required information when you’re signing up, including your name, email address, password, and personal details.
• Verify account: Follow any verification steps, which may include confirming your email or identity with a government ID like your driver’s license or passport.
• Link to your bank account: Access the payment options and link your PayPal account to your bank account by entering your credentials and connecting it securely.
• Deposit funds: Once linked, add funds into your betting or casino account using PayPal.
• Start betting/playing: Your account is now set up, and you can start placing bets or enjoying casino games using your PayPal balance.

How to Make Deposits with PayPal

Making deposits with PayPal is convenient and shouldn’t take much time. Follow these steps:

• Log in: Sign in to your sportsbook account with your email and password.
• Access deposits: Next, navigate to the ‘Deposit’ or ‘Cashier’ section.
• Select PayPal: Once in the cashier section, choose PayPal as your payment method.
• Enter the amount: Specify the deposit amount you wish to transfer.
• Redirect to PayPal: You’ll be redirected to the PayPal website to log in and authorize the payment. Don’t worry, this is basically instantaneous.
• Authorize payment: Confirm the transaction on PayPal and return to the bookmaker’s site.
• Deposit complete: Your funds will be instantly available in your betting account.

How to Make Withdrawals with PayPal

Withdrawing funds from sites that accept PayPal is a straightforward process:

• Log in: Sign in to your sportsbook account.
• Visit the withdrawal section: Navigate to the ‘Withdraw’ or ‘Cash Out’ area of the site.
• Choose PayPal: Select PayPal as your preferred withdrawal method.
• Enter the amount: Specify the amount you want to take out.
• Confirm: Review the withdrawal details and confirm the transaction.
• Processing time: The average withdrawal time with PayPal is typically within 24 to 48 hours. However, this can vary depending on the bookmaker’s processing times and any additional verification requirements.

What are the Advantages of Using PayPal for Betting?

PayPal has some distinct advantages over other payment methods, especially if you are looking to use it for sports betting. From our review of PayPal, we’ve come up with three distinct benefits that make it stand out from the pack.

Security

PayPal is an expert in the realm of online transactions, as the payment method has been around for over two decades now. In that time, PayPal has consistently maintained its position on the current edge of encryption technology to make sure any potential hackers are years behind their security.

Currently, PayPal not only employs SSL encryption but also maintains two-factor authentication and high-level fraud detection. This means you are 100% safe when depositing and withdrawing funds from a sportsbook; PayPal won’t let any money get lost in transit.

We know it can be stressful to put your hard-earned money into a sportsbook, but PayPal’s security can go a long way in terms of giving you some peace of mind.

Ease Of Access

PayPal is incredibly easy to use. No matter if you’re a new bettor just getting started or have been betting in person since the 90s, you shouldn’t have any issues. It only takes a few minutes to get your PayPal account set up so you’re not wasting time and can get started on your sports betting journey.

The widely accepted payment platform also makes setting up your sportsbook account easier, as most USA-based casinos and sportsbooks accept it. Instead of stressing out and having to juggle a number of payment processors, just use PayPal and avoid managing multiple payment types. You’re not a professional juggler. Unless you are, in which case, can you teach us how to do it?

Additionally, PayPal’s user interface is super intuitive, meaning anyone, even your 99-year-old great-grandma should have no problems understanding how to use it.

Use for Both Deposits and Withdrawals

PayPal’s versatility in being used for both deposits and withdrawals on a sportsbook provides a significant advantage to sports betting enthusiasts. This is mainly because it streamlines the overall betting experience and lets you focus more on sports instead of how you can get your money on and off the platform.

It also proves to be much more efficient, as PayPal is known for its speed, and you can quickly deposit and withdraw funds. Instead of fumbling around with multiple payment methods like a quarterback trying to get a handle on the ball during a snowstorm, you can have it all done in one place.

We really can’t overstate the convenience this offers, as nobody likes having to spend the time to transfer money between multiple accounts before you can use it.

How Secure is PayPal?

PayPal stands as a beacon of security and reliability, particularly when it comes to online betting sites that use PayPal for sports betting. This is because its robust security measures assure you that your financial transactions are in safe hands, and that can go a long way towards addressing the common skepticism associated with gambling.

One of PayPal’s key security features is its advanced encryption protocols, including Secure Socket Layer (SSL). This technology safeguards data exchanged between bettors and PayPal’s servers, rendering sensitive information, such as financial details, unreadable to potential hackers.

Therefore, betting sites that use PayPal can definitely be trusted, and even if you get scammed, which you won’t if you use any of the sites we’ve featured above, PayPal has always been pretty good with fraud insurance.

Does PayPal have Good Customer Service?

PayPal has been around for quite a while now, and that means there is a general consensus and reviews as to how good it is and how good the customer service options you have are.

Your customer service options include:

• Chatbot
• Phone: 1-888-883-9770
• Social media: twitter.com/AskPayPal, facebook.com/PayPal, instagram.com/PayPal

These options put PayPal right in line with the industry standard in terms of customer service. You should be able to have any issue resolved, with smaller problems usually being solvable with a quick chat while larger issues can be solved over the phone.

If you have any issues with funding or withdrawing money from your account via PayPal, you will need to contact them, not the sportsbook.