PayPal Betting Sites: Best Sportsbooks & Casinos (May, 2024)

PayPal is one of the top online financial systems available, allowing users to make payments and deposits with ease. The platform is popular in sports betting as an alternative to other payment methods like debit cards, credit cards and online banking. The top online betting sites all welcome PayPal, including DraftKings Sportsbook, FanDuel Sportsbook, Caesars Sportsbook and BetMGM Sportsbook. However, not every state allows bettors to use PayPal to make instant deposits and withdrawals.

This PayPal sports betting guide has all the information needed for using the payment method for sportsbook deposits and withdrawals.

PayPal Betting Sites — Pros & Cons

Players can select from an array of payment options at any given sportsbook. However, PayPal has quickly become a go-to option for many bettors. This is largely due to PayPal’s ease of use and quick banking abilities, as well as its secure payments and accessibility. And thanks to the PayPal mobile app for Android and iOS devices, users can sign up for the platform and make deposit and withdrawal transfers directly from their mobile devices. Thankfully for sports bettors and fans of online casinos, PayPal is readily available at most major betting sites.

There aren’t any particular cons to using PayPal for your sports betting payments — especially with its top payout speeds. As with any valid payment method, though, sportsbooks will have a maximum and minimum deposit. Keep this in mind, as you’ll need to move more than a handful of dollars around for the transaction to be approved.

Best PayPal Sportsbooks

Sports betting fans looking for an easy deposit and withdrawal method can rely on PayPal. Top online sports betting apps like DraftKings, BetMGM, Caesars (formerly William Hill) and FanDuel all allow users to connect their PayPal accounts for easy banking. This should also be the case for states planning to launch sports betting markets,  and North Carolina. Here are the different sports gambling sites that offer PayPal as a banking option and their maximum and minimum deposit requirements.

SportsbookMin. PayPal DepositMax. PayPal Deposit
DraftKings Sportsbook$5None
FanDuel Sportsbook $10Varies By State
BetMGM Sportsbook$10Varies By State
Caesars Sportsbook $20$10,000
BetRivers Sportsbook$10
$50,000
Bet365 Sportsbook $10 $10,000
PointsBet Sportsbook$5None
Betfred Sports$5$20,000
Tipico Sportsbook $10 $2,000 Daily

Best PayPal Online Casinos

Online casino gaming has grown considerably over the years, with states like Michigan, Pennsylvania, New Jersey, and the province of Ontario all offering iGaming to anyone of legal betting age. Many of the available online casinos feature interfaces similar to that of sports betting websites, with many shared withdrawal and deposit options as well. PayPal is a consistent banking method for iGaming users, allowing for quick online payments and simple withdrawals. Below is a table of all the iGaming apps that accept PayPal.

Online Casino Min. PayPal DepositMax. PayPal Deposit
BetMGM Casino$10 Varies By State
Caesars Casino$20$10,000
FanDuel Casino $10 Varies By State
Golden Nugget Casino $10$1,500 Per Transaction
WynnBET Casino $10Varies By User
BetRivers Casino $10$50,000
Unibet Casino $10 $10,000
Bet365 Casino $10 $10,000
DraftKings Casino$5None
1

Find A Betting Site

How To Use PayPal On A Betting Site

Bettors using PayPal with an online betting site for the first time will want to know how to make their initial deposit. Here’s a simple step-by-step guide on how to utilize PayPal with a mobile betting app.

1

Sign Up For PayPal

Setting up a PayPal account is simple. First, provide basic information such as first and last name, physical address, phone number and email address. After that, all that’s needed is to add on a bank account, debit card, or credit card to attach to the new account and add funds.

PayPal Sign Up

2

Go To A Betting Site’s Banking Page

After that, open up an online sports betting app and visit the deposits and withdrawals section. There will be numerous options, such as online banking, credit card, debit card, PayNearMe, and ACH e-check.

Select PayPal.
PayPal FanDuel Payment Page

3

Link PayPal Account

Next, bettors will need to visit the sportsbook app of their choice to link their PayPal account. After selecting the option to connect a PayPal account, the last thing to do is to sign into PayPal from the sportsbook app.

PayPal Link Account

4

Choose Amount And Make Deposit/Withdrawal

The deposit and withdrawal part is simple. After choosing an amount and confirming the selection, the payment process will begin! Some online betting apps complete the linking process after the first successful deposit. With the PayPal account linked, banking with the online sportsbook will be simple going forward.
PayPal FanDuel Deposit

PayPal Betting History

PayPal was originally founded in 1998, with the company gaining a million users by March of 2000 and 100 million by February of 2006. After being purchased by eBay in 2002, the e-wallet became a quick, simple way to pay for items online, although the two entities are no longer connected. Additionally, the platform became popular with online betting sites, and PayPal is now consistently a banking option for mobile sports betting and iGaming.

In fact, betting has been a major part of PayPal’s business for decades now. In 2002, online betting accounted for 8% of all PayPal transactions. While these betting transactions would be put on pause until 2009, the platform began working with U.K. sports betting sites such as Betfair, William Hill, Bet365, plus other gambling sites like PartyPoker, Bwin, Paddy Power, and 888.

Where Can I Use PayPal To Deposit & Withdraw?

While PayPal is widely available for depositing into mobile sports betting accounts and online casino accounts, bettors can’t use it in every state. As long as an online sportsbook user is located in a U.S. state with legal sports betting or iGaming, they can deposit with their PayPal account. Some states such as California, Arkansas, New Mexico, Rhode Island, New Hampshire, and Florida might not have legal mobile sports betting available, but still have horse racing platforms like FanDuel Racing and DK Horse available. Bettors in those areas can still use PayPal to fund their horse racing betting accounts.

PayPal Sports Betting FAQ

What betting sites allow PayPal banking options?

The top sports betting sites on the market all offer PayPal as a banking option. This includes mobile sportsbooks like FanDuel, Caesars (formerly William Hill), BetMGM, and DraftKings, plus online casinos like WynnBET Casino, BetRivers Casino, and Golden Nugget Casino.

Is PayPal the best sportsbook deposit method?

When it comes to banking with sports betting sites, PayPal offers instant transactions while depositing, allowing bettors to quickly fund their online sports betting accounts and start wagering. While deposits are lightning-fast, sportsbook withdrawals with PayPal take one to two days to process.

Is PayPal the fastest-paying option for online casinos?

As is the case with sports betting markets, PayPal is the quickest option when it comes to online transactions, meaning users will be able to quickly start playing their favorite casino games. However, like with online sportsbooks, the withdrawal process can take more time with online casinos.

Where can PayPal be used for betting sites?

Anyone in a state with legal online betting can use PayPal to fund their betting account. This includes New York, New Jersey, Michigan, Pennsylvania, Arizona, Colorado, Ohio, Louisiana, Virginia, Wyoming, Iowa, Tennessee, Maryland, Massachusetts, Indiana, West Virginia, Kansas, and the province of Ontario.

What information does PayPal require during signup?

Anyone signing up for a new PayPal account will need to provide some basic information, such as name, email, phone number, and physical address. After that, users need to simply add a payment method to link to their PayPal account, such as a bank account, debit card, or credit card.

Is PayPal safe?

One of the reasons PayPal is so popular is due to its focus on security. In fact, the platform is seen as even safer than using a bank account directly with an online betting app, as going through PayPal means there is an extra security level.

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Anthony Elio is the Lead Writer for LINEUPS.com, focusing on sports betting, online casino gaming, and horse racing. He covers state betting handles, sportsbook partnerships, operator news, and NHL picks. Outside of his work with LINEUPS, Elio has also written for Daily Fantasy Cafe, Innovation & Tech Today, Krazy Coupon Lady, and Residential Tech Today.