Venmo Betting Sites For US Bettors
As sports betting grows across the U.S., more bettors are turning to Venmo betting sites—sportsbooks that accept Venmo for deposits and withdrawals. Known for its speed, simplicity, and security, Venmo has become one of the most trusted and widely used digital payment platforms in the country.
Using Venmo for online betting offers a seamless experience, especially for mobile users who value quick transactions and minimal hassle. Compared to traditional banking methods, Venmo stands out for its instant transfers and user-friendly design.
Top sportsbooks like DraftKings, FanDuel, BetMGM, Caesars, and BetRivers now support Venmo, making it easier than ever to fund your account and start betting. In this guide, we’ll cover the best Venmo betting sites and explain why this payment method is quickly becoming a favorite among U.S. sports bettors.
Venmo Betting Apps
Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER
Use Bonus Code: LINEUPS
- Bet $5 Get $150 in Bonus Bets Win or Lose
- OR First Bet Safety Net up to $1,000
- 30% Extra on Same Game Parlay Profit
- T&Cs Apply. Gambling Problem? Call or text 1-800-GAMBLER 21+
- Use Bonus Code: LINEUPSBET
- Stream NFL Games In-App for Free
- 21+ Gambling problem? Call 1-800-GAMBLER
- Use Promo Code: LINEUPSDYW
Get $200
Bet $5, Get $200 in Bonus Bets if Your Bet Wins
Available on Desktop, Android & iOS
Gambling Problem? Call 1-800-GAMBLER. 21+
To Claim: Click Play Now
Get $150
Bet $5, Get $150 in Bonus Bets Instantly
Get Your Bets Boosted
21+. Gambling Problem? Call/Text 1-800-Gambler. T&Cs apply
To Claim: Click Play Now
- Bet and Get up to $1,000 in No Sweat Bets or Choose Your Own Offer
- Earn FanCash & Spend it on Team Swag or More Bets
- 21+. Gambling Problem? Call 1-800-GAMBLER
- To Claim: Click Play Now
Bet $5 Get $300 in Bonus Bets if Your Bet Wins
PLUS Get a $50 Bonus Bet on Deposit
PLUS up to $1,000 Deposit Bonus
Gambling Problem? Call 1-800-GAMBLER
Top Venmo Betting Sites
| Sportsbook | Welcome Bonus | Venmo Withdrawal Speed | Platform Features | Legal States |
|---|---|---|---|---|
| Caesars | Bet $1, double your winnings on your next 10 wagers | Up to 4 business days | Mobile App, Live Betting, Rewards Program | AZ, CO, DC, IN, IL, IA, KS, KY, LA, ME, MD, MA, MI, NC, NJ, NY, NV, OH, PA, TN, VA, WV, & WY |
| BetMGM | Up to $1,500 in bonus bets paid back if your first bet does not win | Up to 24 hours | Mobile App, Live Betting, One-Game Parlays, Streaming, Edit My Bet | AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NJ, NV, NY, NC, OH, PA, TN, VA, WV & WY - Note: Offer not available in NY |
| FanDuel | Bet $5, get $200 in bonus bets if your bet wins | Up to 24 hours | Mobile App, Live Betting, Same-Game Parlays, Streaming | AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, NJ, NY, NC, OH, PA, TN, VT, VA, WV & WY |
| DraftKings | Up to $1,350 in bonuses | Up to 48 hours | Mobile App, Live Betting, Same-Game Parlays, Streaming, Pools & Contests | AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV & WY |
| BetRivers | Second-chance bet up to $500 | 2-5 business days | Mobile App, Live Betting, Cash Out, iRush Rewards | AZ, CO, IL, IN, IA, LA, MD, MI, OH, NJ, NY, PA, VA & WV |
Caesars Sportsbook
- Stream NFL Games In-App for Free
- 21+ Gambling problem? Call 1-800-GAMBLER
- Use Promo Code: LINEUPSDYW
Caesars Sportsbook accepts Venmo for both deposits and withdrawals. Deposits are typically processed instantly, allowing bettors to fund their accounts without delay. Withdrawals via Venmo can take up to 4 business days to process, which is slower compared to some other methods.
The Caesars welcome bonus for new users is 10 profit boost tokens to double your winnings on your next 10 wagers for a $1 wager once you sign up with the promo code LINEUPSDYW and deposit.
BetMGM Sportsbook
Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER
Use Bonus Code: LINEUPS
BetMGM supports Venmo for deposits and withdrawals. Deposits are usually instant, enabling immediate betting. Withdrawals to Venmo are processed within 24 hours after approval, offering a relatively quick turnaround.
New customers who sign up for the BetMGM welcome bonus with code LINEUPS will receive a refund of up to $1,500 in bonuses if their first bet does not win.
FanDuel Sportsbook
Get $200
Bet $5, Get $200 in Bonus Bets if Your Bet Wins
Available on Desktop, Android & iOS
Gambling Problem? Call 1-800-GAMBLER. 21+
To Claim: Click Play Now
FanDuel accepts Venmo for both deposits and withdrawals. Deposits are instant, while withdrawals are processed within 24 hours.
The FanDuel Sportsbook promo for new customers can be a great way to maximize your bankroll. Once you register, deposit, and place your first wager of $5 or more, you are eligible to receive $200 in bonus bets if that wager wins, on top of any winnings from the original bet. Be sure to check all terms and conditions when it comes to claiming this offer since golf does not have traditional moneyline wagers.
DraftKings Sportsbook
Bet $5 Get $300 in Bonus Bets if Your Bet Wins
PLUS Get a $50 Bonus Bet on Deposit
PLUS up to $1,000 Deposit Bonus
Gambling Problem? Call 1-800-GAMBLER
DraftKings allows users to deposit and withdraw funds via Venmo. Deposits are processed instantly. Withdrawals to Venmo typically take up to 2 business days to complete.
New DraftKings Sportsbook customers can get up to $1,350 in bonuses. The DraftKings promo opens the door to new users with a $50 bonus bet when you make a first deposit, plus a 20% match of that deposit up to $1,000. Then place a first bet ($5 minimum) to receive another $300 in bonus bets.
BetRivers Sportsbook
BetRivers supports Venmo for deposits and withdrawals. Deposits are processed instantly. Withdrawals via Venmo typically take 2 to 5 business days to process.
The BetRivers welcome bonus is a first-bet bonus up to $500. Register, deposit, and place your first bet. If it falls short, get paid back in bonus bets up to $500 at BetRivers.
Why Use Venmo For Sports Betting?
Venmo is a popular transaction method for online sports bettors for a variety of reasons including but not limited to:
- Fast Deposits and Withdrawals: Venmo offers near-instant deposits and quick withdrawal processing on most major sportsbooks, allowing bettors to access their funds with minimal wait time.
- Enhanced Security: Transactions are protected by Venmo’s built-in security measures, including two-factor authentication, encryption, and fraud monitoring—adding an extra layer of protection for user accounts.
- Widespread Acceptance: As Venmo continues to grow in popularity, it’s becoming a widely accepted payment method across top legal U.S. sportsbooks like DraftKings, FanDuel, Caesars, and BetMGM.
- Privacy: Venmo enables users to keep their financial details private from the sportsbook by acting as a secure middle layer between bank accounts and betting platforms.
- Mobile-Friendly Experience: Designed for mobile use, Venmo provides a smooth, app-integrated experience that complements the mobile-first approach of most online sportsbooks.
How to Use Venmo for Sports Betting (Step-by-Step) Guide
If you’re looking to use Venmo to fund and withdraw from your sportsbook account, these are the steps to take:
- Create a Venmo account and link your banking information to it, or deposit funds into the account before making your sportsbook deposit.
- Sign up for one of our Venmo betting sites by clicking any link on this page to create a sportsbook account. Registering will also activate the site’s welcome bonus. If you have an account, continue to the next step.
- Once registered and signed into your sportsbook account, head over to the Cashier and select deposit. You’ll then be able to select Venmo.
- Log into your Venmo account and make your transaction. When you’re ready to withdraw, you’ll also be able to do so using Venmo.
Pros and Cons of Using Venmo
✅ Pros of Using Venmo at Online Sportsbooks
- Instant Deposits: Venmo transactions typically process instantly, so you can start betting right away without delays.
- Quick Withdrawals: Many sportsbooks offer fast Venmo withdrawals—often within 24–48 hours—making it one of the quicker cash-out methods available.
- No Need to Enter Bank or Card Details
By linking your Venmo account, you avoid sharing sensitive banking or card information directly with the sportsbook, enhancing convenience and privacy. - Mobile Convenience: Venmo is designed for mobile users, providing a seamless experience that pairs well with sportsbook apps.
❌ Cons of Using Venmo at Online Sportsbooks
- Not Accepted by All Sportsbooks: While growing in popularity, Venmo is not universally supported, limiting your choice of sportsbooks compared to more traditional methods.
- Potential Fees: Venmo may charge small fees for certain transactions (like instant transfers), although most sportsbooks cover or waive these fees for deposits and withdrawals.
- Transaction Limits: Depending on your Venmo account verification status, you may face deposit or withdrawal limits, which can affect high-volume bettors.
Legal Status of Venmo Betting in the U.S.
The use of Venmo for online sports betting is only permitted with sportsbooks that are fully licensed and regulated in legal U.S. markets. This ensures that all transactions are secure, transparent, and compliant with state-level gaming regulations. Venmo, owned by PayPal, partners exclusively with legally authorized sportsbooks, which adds an extra layer of trust and legitimacy for users.
This means bettors can only use Venmo to deposit and withdraw funds on platforms that meet strict regulatory standards. Choosing a licensed operator is crucial—not only does it protect your funds and personal information, but it also guarantees that your wagers are fair and your winnings are paid out reliably. Always verify that the sportsbook is operating under a valid state license before linking your Venmo account, as this is the safest and most responsible way to enjoy online sports betting in the U.S.
Alternatives To Venmo
If you’re seeking alternatives to Venmo at sports betting sites, consider the following:
- PayPal: A widely accepted e-wallet and parent company of Venmo, PayPal offers similar speed and security, with instant deposits and fast withdrawals. It’s a trusted option for those who want a familiar, reputable payment platform.
- ACH/eChecks: Also known as bank transfers, ACH/eChecks are a secure way to move funds directly from your bank account to the sportsbook. While reliable, they often have longer processing times—especially for withdrawals, which can take 3–5 business days.
- Credit/Debit Cards: Credit cards such as Visa and Mastercard are among the most commonly used deposit methods, offering instant access to funds. However, not all banks allow gambling transactions, and cards are typically not available for withdrawals, which means you’ll need an alternative cash-out method.
- Online Banking: This method allows you to connect your bank account directly to the sportsbook for secure deposits and withdrawals. It’s generally fast and convenient, though setup may require additional verification compared to e-wallets.
PayPal Betting Sites: People Also Ask
- Can I use Venmo to bet on sports in any U.S. state?
- Is there a fee for using Venmo on sports betting sites?
- Can I use someone else’s Venmo account to fund my sportsbook account?
- Are there transaction limits when using Venmo for sports betting?
- How do I ensure my betting transactions remain private on Venmo?
Can I use Venmo to bet on sports in any U.S. state?
Yes, most sportsbooks set a minimum PayPal deposit between $5 and $10, though this can vary by operator. Always check the cashier section for specific limits.
Is there a fee for using Venmo on sports betting sites?
No. You can use a linked bank account or card as the funding source during your PayPal transaction. A balance is optional but not required.
Can I use someone else’s Venmo account to fund my sportsbook account?
If PayPal isn’t appearing, the sportsbook may not support it in your state, or your PayPal account may not be fully verified. Make sure your account is confirmed and check for location restrictions.
Are there transaction limits when using Venmo for sports betting?
Withdrawal limits can vary by operator but are usually tied to daily, weekly, or monthly thresholds. PayPal itself may also impose limits based on account history and verification level.
How do I ensure my betting transactions remain private on Venmo?
Venmo’s default setting shares transaction details on its social feed. To maintain privacy, adjust your settings to make transactions private:
- Open the Venmo app.
- Go to Settings > Privacy.
- Select Private to hide your activity from others.
This ensures your betting transactions aren’t visible to your Venmo contacts.
