PayPal is one of the most popular online payment systems in the world, available in more than 200 countries, including the United States.
It’s an easy-to-use e-wallet that’s accessed by millions of users worldwide daily, and many of those users consider PayPal the most convenient option for making deposits and withdrawals with online sports betting platforms.
PayPal betting sites include FanDuel, Caesars, BetMGM, BetRivers, and DraftKings.
This article discusses which sportsbooks accept PayPal as well as how to use PayPal for sports betting.
5 Best PayPal Sports Betting Sites
I’ve reviewed all the major PayPal betting sites in the U.S.
In my analysis, I considered key factors like bonuses, odds, user experience, market variety, PayPal withdrawal speed, banking limits, and more.
After breaking down each PayPal sportsbook, I narrowed the list to the top 5 overall. Below, you’ll find those sportsbooks ranked by their overall rating.
Best PayPal Betting Sites for Sports
- FanDuel: Best for small PayPal withdrawals
- Caesars: Best for big PayPal withdrawals
- BetMGM: Best for big PayPal deposits
- BetRivers: Best for fast PayPal withdrawals
- DraftKings: Best for flexible PayPal transactions
1) FanDuel Sportsbook: Best for Small PayPal Withdrawals
Min deposit/withdrawal with PayPal: $10/None
FanDuel is my top-rated PayPal sportsbook. They’ve got the best odds, the smoothest user experience, and the widest range of markets you’ll find on any U.S. betting site.
PayPal works seamlessly for both deposits and withdrawals at FanDuel. Deposits are instant, and the first withdrawal with PayPal usually takes about 48 hours. After that, payouts can be quicker—sometimes as fast as 24 hours. The withdrawal limit is $10,000 per transaction, which is plenty for most bettors.
What I really like is that FanDuel doesn’t have a minimum withdrawal limit for PayPal. If you want to pull out a dollar, you can. Their $10 minimum deposit also makes it super budget-friendly for casual bettors.
The Bet $5, Get $250 in Bonus Bets If You Win for new customers is also one of the best currently available. Get a No Sweat Token every day for your first 7 days. If you win, you'll get up to $250 back in bonus bets, which you have 7 days to use. No promo code required.
Market depth is another area where FanDuel excels. They offer a ton of props and futures for every sport, including options you won’t find elsewhere. Player matchups, quarter-specific bets, and alternative props like “to score X points” are just a few examples of what you’ll see.
What bugs me about FanDuel is how strictly they enforce their withdrawal policy. Like many sportsbooks, they require withdrawals to match the deposit method, but FanDuel doesn’t budge on this. A few times, I deposited with my credit card only to find out I couldn’t withdraw with PayPal until I made a small deposit using it.
FanDuel Sportsbook Quick Facts:
- OA BetReview Rating: 94/100
- Sign-Up Bonus: Bet $5, Get $250 in Bonus Bets If You Win
- Best Features: Odds competitiveness, market variety
- Biggest Drawbacks: No sportsbook rewards program, not many daily odds boosts
- Number of Sports: 21+
- Payout Speed: Up to 5 business days (typically faster)
- Rewards Program: DFS & Casino only
2) Caesars Sportsbook: Best for Big PayPal Withdrawals
Min deposit/withdrawal with PayPal: $20/$20
Caesars Sportsbook is my second-highest-rated sportsbook and a top choice for anyone looking for a PayPal-friendly betting site in the U.S.
They support PayPal for both deposits and withdrawals. Deposits are instant, and withdrawals take up to 72 hours, which is pretty standard for sportsbooks.
The PayPal withdrawal limit is $10,000 per transaction—way higher than any of their other banking options. If you’re cashing out bigger sums at Caesars Sportsbook, PayPal is the way to go.
The benefits don’t stop there. Caesars offers some of the sharpest odds for straight bets and loads up the board with daily odds boosts. What’s more, every bet also earns points in Caesars Rewards, which is hands-down the best loyalty program in the industry.
Their app lives up to the hype. It’s fast, easy to navigate, and works just as smoothly on your phone as it does on your desktop.
It’s tough to find much wrong with Caesars Sportsbook. If I could change one thing, it’d be lowering the minimum deposit and withdrawal to $10 to make it even more accessible for casual bettors.
Caesars Quick Facts:
- OA BetReview Rating: 93/100
- Sign-Up Bonus: Bet $1, Double Your Winnings on Your Next 10 Bets
- Best Features: Loyalty program, user-friendly UX
- Biggest Drawbacks: Slower payout speeds, sluggish customer service
- Number of Sports: 23+
- Payout Speed: Up to 72 hours
- Rewards Program: Caesars Rewards
3) BetMGM: Best for Big PayPal Deposits
Min deposit/withdrawal with PayPal: $10/$20
BetMGM Sportsbook has the most brand power of any PayPal sportsbook on my list, and they don’t just coast on that reputation—they deliver on it.
You can use PayPal for deposits and withdrawals, and they’re fast. Deposits are instant, and withdrawals usually clear within 24 hours. They don’t impose any deposit limits for PayPal, which makes them a great option for high rollers.
If your PayPal isn't working for whatever reason, BetMGM offers plenty of alternatives, including Apple Pay, Venmo, and even gift cards, so you’ll have no problem switching things up.
One thing I really like about BetMGM is their features. Tools like Edit My Bet and Auto Cashouts give you more flexibility and control over your bets.
They also deliver strong odds for spreads and totals, which makes them a great choice for basketball and football betting.
If I had to nitpick, I’d say they should drop their minimum PayPal withdrawal to $10—it’d make life easier for smaller bettors. Other than that, it’s hard to find much to complain about with BetMGM.
BetMGM Quick Facts:
- OA BetReview Rating: 84/100
- Sign-Up Bonus: Up to $1,500 in bonus bets
- Best Features: Edit My Bet, NFL rewards
- Biggest Drawbacks: Quickly limits sharps, UX can be a bit buggy
- Number of Sports: 19+
- Payout Speed: Up to 24 hours
- Rewards Program: MGM Rewards
4) BetRivers: Best for Fast PayPal Withdrawals
Min deposit/withdrawal with PayPal: $10/$10
BetRivers processes PayPal withdrawals faster than any other major sportsbook—you can have your money in as little as 30 minutes.
They also support PayPal for deposits, with a maximum limit of $50,000. That’s a great option for anyone looking to place larger bets without any hassle.
For new customers, BetRivers offers a second-chance bonus bet. If your first bet loses, you’ll get it refunded as a bonus bet, with the amount depending on your state. Some states offer up to $250, while others go as high as $500. Once credited, you’ll have 30 days to use the bonus.
Their sports coverage is another strong point. With betting options across 29 sports, including unique picks like netball and surfing, there’s always something to play.
Another thing I like is how easy it is to get in touch with their support team. The live chat button is right on the homepage, so you’re not wasting time hunting for help.
I do have a bone to pick with BetRivers when it comes to connectivity issues. Even on a solid Wi-Fi connection, I’ve run into speed warnings that disrupt the experience. It’s especially frustrating when it happens during a withdrawal, and it’s something they should work on.
BetRivers Quick Facts:
- OA BetReview Rating: 82/100
- Sign-Up Bonus: Second chance bet up to $500 depending on state
- Best Features: Fast payouts, competitive teaser and soccer odds
- Biggest Drawbacks: Functionality issues, limits successful bettors quickly
- Number of Sports: 29+
- Payout Speed: Up to 5 business days (usually within a day)
- Rewards Program: iRush Rewards
5) DraftKings: Best for Flexible PayPal Transactions
Min deposit/withdrawal with PayPal: $5/$1
DraftKings Sportsbook lands last on our list of the best PayPal betting options, which just goes to show how fierce the competition is.
PayPal deposits with DraftKings are instant, but withdrawals take 3 to 5 days.
What I really like about DraftKings is how flexible they are with transaction limits. Their $1 minimum for deposits and $5 for withdrawals are the lowest you’ll find. On the other end, they allow PayPal payouts of up to $60,000, which is one of the highest limits in the game.
DraftKings' Bet $5, Get $300 in Bonus Bets If Your Bet Wins is a strong offer for new users. It’s a valuable deal, especially since you don’t need your first bet to win to claim the bonus, unlike what you’ll find at some other sportsbooks.
DraftKings has a lot to like overall. They offer great teaser odds, a strong user experience, and a huge variety of markets. In fact, they’re one of the only sportsbooks that can give FanDuel a run for its money in terms of market depth.
My only issue with DraftKings is the speed of their PayPal withdrawals. Compared to others on this list, it’s significantly slower.
DraftKings Sportsbook Quick Facts:
- OA BetReview Rating: 84/100
- Sign-Up Bonus: Bet $5, get $300 in bonus bets if your bet wins
- Best Features: Market depth, profit boost tokens
- Biggest Drawbacks: Odds not always competitive, quickly limit winners
- Number of Sports: 25+
- Payout Speed: Up to 5 business days
- Rewards Program: Dynasty Rewards
Benefits of Using PayPal With Online Betting Sites
- Fast transactions. Like most other e-wallets, PayPal offers instant money transactions, meaning you won’t have to wait for long to load your sportsbook account balance.
- Easy to use. Using PayPal is fast and simple. As soon as you open an account and make your first transaction, you’ll see that it’s pretty simple. You can see specific instructions on doing so in the next section
- Secure. PayPal uses cutting-edge security protocols and encryption technologies to protect all transactions and other sensitive data.
- Trustworthy. PayPal has been around for more than two decades and has built quite a reputation of being a safe and reliable online wallet and payment method.
How to Deposit Money Into Your Sportsbook Account With PayPal
Here’s how to deposit money into your sportsbook with PayPal:
- Open a PayPal account. Go to PayPal’s official website and find the Sign Up button. Follow the instructions to set up a personal account and connect it to your bank to deposit funds.
- Select a betting site from the above list. Check the available options and pick a sportsbook that meets your needs. You can learn more about our favorite options in our Best Online Sportsbooks Guide.
- Open a sportsbook account. You’ll have to go through the registration process once again. This time, it’s to become a member of an online sportsbook.
- Go to the cashier section. The banking or cashier section is usually located in the top menu of every online sportsbook.
- Select PayPal as your payment option. Once you pick PayPal, enter the amount of money you’d like to deposit.
- Confirm your transaction. After confirming your transaction on the sportsbook platform, a PayPal window will pop up, and you’ll have to log in to your e-wallet account and confirm the transaction once again.
- Have fun placing bets! And always remember to gamble responsibly.
How to Withdraw Money From Your Sportsbook Account Into PayPal
Cashing out your winnings using PayPal is an even more straightforward process compared to deposits. Here’s how to do it:
- Log in to your online sportsbook account.
- Go to the cashier page, click Withdraw, and pick PayPal as your withdrawal option.
- Enter the amount you’d like to cash out and confirm your transaction.
That’s it. If you already connected your PayPal, the sportsbook will transfer funds to your e-wallet balance.
Please remember that withdrawals often take more time, as gambling sites need to review and approve your withdrawal request. PayPal withdrawals are, however, usually much faster than other banking methods.
How to Transfer Money From Your PayPal Account to Your Bank Account
Once your PayPal balance is loaded, you can withdraw money from your PayPal account to your bank account if you want. Here’s a quick guide on how to do it.
- Log in to your PayPal account.
- Go to the My Wallet page and click on Transfer Funds under your PayPal balance.
- Select a card or bank account. PayPal allows you to transfer your funds to an eligible card or directly to your bank account. If you haven’t connected a card or a bank account during the registration process, now would be a good time to do it. Just follow the instructions and provide all the required data to link the card or bank to PayPal.
- Enter the amount you’d like to transfer. Note the transfer fees, if any, imposed by PayPal.
- Confirm the transaction. Depending on your bank, your funds might be available right away, or you might have to wait a couple of business days before the transaction is processed
PayPal vs. Other Banking Methods
PayPal is considered easy-to-use and secure, but how does it compare to other payment options for betting sites? Is it the best option for you? Let’s quickly compare it to other available options in U.S. online sportsbooks.
- Debit/Credit cards. Debit/credit cards are pretty popular in online sportsbooks, primarily because they offer instant transactions. The only issue is that their acceptance rate is relatively low, as approximately 50% of debit/credit card payments are accepted by online gambling platforms, which can be frustrating. On the other hand, PayPal has a much higher acceptance rate. You can see debit card sports betting sites here and credit card sports betting sites here.
- ACH/e-Checks. e-Checks help you move your funds from your bank account to your online casino balance with the help of Automated Clearing House (ACH). They are usually instant and popular eCheck providers, such as VIP Preferred, are accepted in many U.S. online sportsbooks.
- Wire Transfer. This method allows you to deposit your bank funds directly to your casino balance. It offers a high deposit limit, but acceptance rates may vary, as not all U.S. banks allow transferring funds to gambling platforms. Moreover, wire transfer isn’t the fastest method, as transactions can take up to a couple of business days.
- PayNearMe. To use this option, you need to visit a local store that offers the PayNearMe services and deposit your cash directly to your account. This is a quick and easy method, but it limits transactions to $500 a day, much lower than other payment options, including PayPal.
- Cash at Cage. Many online gambling platforms in the U.S. allow players to deposit in person in a land-based casino partnered with the sportsbook of your choice. These transfers are fast and allow up to $100,000 per deposit. However, cash at cage requires traveling to the casino, which could be hundreds of miles away depending on where you live, so it’s not the most convenient method.
- Venmo. PayPal actually bought Venmo in 2013 and it is now offered it as a banking method at many sportsbooks. There is a max deposit limit of $5,000 per transaction, but there are no fees and deposits are instant. You can see Venmo betting sites here.
History of PayPal and Gambling
PayPal was established in 1998, and it soon started allowing gambling-related transactions.
After its merger with eBay in 2002, the wallet ceased to allow gambling payments for some time. Being a payment method for illegal offshore casinos didn’t go unpunished, as PayPal had to pay $10 million to the federal government to settle charges.
After that, U.S. gamblers didn’t have a secure option to deposit funds to offshore casinos. Neteller tried allowing it in 2006 but encountered legal obstacles.
PayPal was quiet until 2009, meaning it effectively stayed out of any online gambling-related activities for more than seven years. The company’s return to gambling was actually in the UK, when Betfair decided to start accepting payments via PayPal. The only difference was that the UK market was fully regulated, and PayPal operated legally in the UK. Other UK sportsbooks followed this example, and PayPal became one of the most popular options for the bettors on the island.
The popular payment processor announced its return to the U.S. gambling scene with daily fantasy sports in 2009. Since these are categorized as games of skill rather than games of chance, PayPal was introduced as a payment method in all states where DFS operators were available.
Finally, New Jersey was the first legal online gambling market that re-introduced PayPal in 2015. Online casino and poker players from New Jersey and Nevada were allowed to use the e-wallet on online platforms. This later expanded to other states that legalized online gambling.
After the Professional and Amateur Sports Protection Act (PASPA) ban was lifted in 2018 and online sportsbooks were introduced, PayPal became a legal deposit and withdrawal option on many online sportsbooks in most states that legalized online betting.
FAQ on Using PayPal for Sports Betting
Do all sportsbooks accept PayPal?
Almost all sports betting sites in the U.S. accept PayPal for deposits and withdrawals. Some of the best online sportsbooks that accept the popular payment option are listed on this page. You can see which sportsbooks accept PayPal in our guide to the sportsbooks with the fastest payouts.
Which betting sites accept PayPal?
You can currently use PayPal on the following U.S. betting sites: BetMGM, Bet365, BetRivers, Caesars Online Sportsbook, DraftKings, FanDuel, FOX Bet, Golden Nugget, Hard Rock Sportsbook, Resorts Sportsbook, SugarHouse Sportsbook, Unibet, William Hill, and 888 Sportsbook.
Do sportsbooks charge fees to deposit or withdraw with PayPal?
No, online sportsbooks do not charge any fees when depositing or withdrawing with PayPal.
Does PayPal charge fees when using it with betting sites?
Even though there are no associated fees for PayPal deposits and withdrawals, you still might have to pay a small fee when withdrawing your funds from the e-wallet to your credit card. This fee is usually 2.9%, although this may vary.
How much does PayPal cost?
PayPal doesn’t charge any membership fees, so it’s entirely free to own a PayPal account.
Why can’t I withdraw my money to PayPal?
Online casinos usually allow withdrawing with PayPal only if you used the same payment option to make a deposit.
Is PayPal safe to use with online sportsbooks and betting sites?
PayPal is one of the safest online payment systems. However, it’s also up to you to make sure to keep your safety and security levels at the maximum by avoiding suspicious or offshore online betting sites and sticking to the ones suggested in this guide, as well as keeping your password confidential and setting up two-factor authentication.
How long does it take to deposit money into my sportsbook account with PayPal?
Deposits are instant, meaning you’ll see your PayPal funds in your sportsbook balance seconds after confirming your transaction.
How long does it take to withdraw money from my sportsbook account to PayPal?
The process is instant, but sportsbook operators sometimes need time to check your withdrawal request to comply with AML regulations. This could take up to several business days—typically one to four.
Does PayPal have deposit limits?
The most money you can send in a single transaction via PayPal is $60,000. However, users are often limited to $10,000, which is usually the maximum deposit limit in online sportsbooks. The minimum mainly depends on the sportsbook, and it’s generally between $1 (PayPal’s minimum) and $50.
PayPal also features limits for using the Instant Transfer feature to withdraw your funds from PayPal to the bank account or debit card. The maximum you can transfer on a debit card is $5,000 per transaction, which is also a daily and weekly maximum. The monthly maximum is $15,000. The maximum amount per transaction for banks is $25,000.
Can I use PayPal with offshore gambling sites?
While some offshore gambling sites might accept PayPal, we don’t recommend doing that as you risk having your PayPal account frozen or banned. Moreover, offshore gambling sites aren’t as safe as ones that are licensed and regulated in the U.S., meaning you have to be careful where you deposit your money.
