PayPal is one of the most popular and widely used online payment methods in the world. It allows you to send and receive money securely, quickly, and easily. PayPal is also a great option for online sports betting, as it offers convenience, safety, and flexibility.
In this article, we will review some of the best PayPal betting sites in 2023, and explain why you should consider using PayPal for your sports betting needs.
Best PayPal Betting Sites in 2023
There are many online sports betting apps that accept PayPal as a payment method, but not all of them are equally good. We have evaluated and compared various factors, such as reputation, security, bonuses, odds, markets, features, and customer service, to select some of the best PayPal betting sites in 2023.
Here are our top picks:
Bet365 is one of the most popular and trusted online sports betting sites in the world. It offers a generous welcome bonus for new customers who make their first deposit with PayPal and with our Bet365 bonus code.
You can bet on various sports and events with Bet365, including soccer, football, basketball, tennis, golf, esports, and more. Bet365 offers attractive odds, live betting, cash-out options, streaming, and other features that make it a superb option for online sports betting with PayPal.
It’s safe to say that not all PayPal sportsbooks are as easy to use or user-friendly as others. Using PayPal with our Caesars Sportsbook promo code couldn’t be any easier.
Caesars doesn’t charge any fees for using PayPal as a payment method, and funds are made available in your PayPal account on the same day of the withdrawal. You’re also able to transfer your winnings to your Caesars Sportsbook Play+ Card. It stands out among the best betting sites that accept PayPal and is a terrific option for bettors today.
DraftKings Sportsbook is one of the leading online sportsbooks in the US market. It accepts PayPal as a payment method for both deposits and withdrawals, and it has a fast and easy verification process. It also has a huge selection of sports and markets to bet on, including NFL, NBA, MLB, NHL, UFC, MMA, NASCAR, and more.
You can enjoy attractive odds, live betting, cash outs, streaming, and other features with DraftKings. This makes it a thrilling and enjoyable platform to bet online with PayPal. Plus, no DraftKings promo code is necessary when signing up to receive the welcome offer.
Another top online sports betting app in the US market is FanDuel Sportsbook. It accepts PayPal as a payment method for both deposits and withdrawals, and it has a simple and secure verification process. FanDuel also has a large variety of sports and markets to bet on, including soccer, golf, boxing, cricket, college sports, and much more.
FanDuel offers competitive odds, live betting, early cash outs, streaming, and other features that make it a user-friendly and enjoyable betting site that accepts PayPal. No FanDuel promo code is required when signing up to receive the welcome offer.
BetMGM is one of the most reputable and reliable online sports betting sites in the US market. It accepts PayPal as a payment method for both deposits and withdrawals, and it can be used with our BetMGM bonus code. It has smooth and safe verification during the sign-up process.
BetMGM also has a diverse selection of sports and markets to bet on, including football, basketball, baseball, hockey, tennis, rugby, and more. They feature attractive odds, live betting, cash out, streaming, and many other features that make it a premium and professional site to bet online with PayPal.
Why Use PayPal for Online Sports Betting?
There are many benefits of using PayPal for online sports betting. such as:
PayPal transactions are usually instant, which means you can deposit and withdraw money from your betting account without any delays. You can also access your funds immediately after winning a bet, unlike some other payment methods that may take days to process.
PayPal uses advanced encryption and fraud prevention technologies to protect your personal and financial information. You don’t have to share your bank or card details with the betting site, which reduces the risk of identity theft or hacking. PayPal also offers buyer protection and dispute resolution services, which can help you in case of any issues with the betting site.
PayPal is easy to use and compatible with most devices and platforms. You can link your PayPal account to multiple bank accounts, cards, or other payment methods, and choose the one that suits you best. You can also use PayPal to shop online, send money to friends or family, or pay for various services.
PayPal allows you to bet on a wide range of sports and markets, as it supports multiple currencies and countries. You can also use PayPal to fund other online gambling activities, such as casino games, poker, or bingo.
How Does PayPal Work for Sports Betting?
Using PayPal for online sports betting is simple and straightforward. Here are the steps you need to follow:
- Create a PayPal account: If you don’t have a PayPal account yet, you can sign up for free on the PayPal website or app. You will need to provide some basic information, such as your name, email address, password, and phone number. You will also need to verify your identity and link your bank account or card to your PayPal account.
- Choose a PayPal betting site: Once you have a PayPal account, you can choose one of the best PayPal betting sites that we recommend here. Make sure the betting site accepts PayPal as a payment method, and that it is licensed and regulated in your jurisdiction.
- Make a deposit: After registering with the betting site, you can go to the cashier section and select PayPal as your deposit option. You will be redirected to the PayPal website or app, where you will need to log in with your email address and password. You will then see the amount and currency of your deposit, and you can confirm the transaction. The money will be transferred from your PayPal account to your betting account instantly.
- Place your bets: Now that you have funded your betting account, you can start placing your bets on your favorite teams and events. You can browse through the different sports categories, markets, and odds, and choose the ones that appeal to you. You can also use various features and tools, such as live betting, cash out, streaming, or statistics, to enhance your betting experience.
- Withdraw your winnings: When you win a bet, you can withdraw your winnings from your betting account to your PayPal account. You just need to go to the cashier section again and select PayPal as your withdrawal option. You will need to enter the amount and currency of your withdrawal and confirm the transaction. The money will be transferred from your betting account to your PayPal account within 24 hours.
Betting Sites With PayPal: Final Thoughts
PayPal is one of the best payment methods for online sports betting, as it offers speed, security, convenience, and flexibility. You can use PayPal to deposit and withdraw money from your betting account without any hassle or risk. You can also use PayPal to bet on a wide range of sports and markets with some of the best online sports betting sites in the world.
We have reviewed some of the best PayPal betting sites in 2023 that you can choose from. Whether you are looking for sports betting promos, bonuses, odds, markets, or features, you will find something that suits your preferences and needs.
So, what are you waiting for? Sign up with one of the best PayPal betting sites today and start enjoying the thrill of online sports betting with PayPal!
PayPal Betting Sites FAQ
PayPal is a quick, safe, and easy way to transfer money to and from your online sportsbook account without revealing your bank or card information. PayPal also has a low failure rate and accepts several currencies and countries.
Many of the best online sportsbooks in the U.S. offer PayPal as a payment method for both deposits and withdrawals, including FanDuel, DraftKings, BetMGM, Caesars, Betway, PointsBet, and more. However, PayPal is not allowed in every state for bettors, so you should verify the legality and availability of PayPal in your area before using it.
To use PayPal for online sports betting, you need to have a PayPal account and an online sportsbook account. You can then select PayPal as your payment option in the cashier section of the sportsbook, and follow the instructions to complete the transaction. You will need to log in to your PayPal account in order to confirm the withdrawal.
PayPal does not charge any fees for using it as a payment method at online sportsbooks, but you may have to pay a 2.9% fee for deposits with debit and credit cards. You may also face a $2.95 monthly inactivity fee from PayPal if your account is idle for six months.
If you fund your PayPal account with a prepaid card, you may also pay a fee for each transaction and a monthly inactivity fee. The amount you can use PayPal for online sports betting depends on the sportsbook, but it is usually between $10 and $10,000 per transaction.
PayPal allows you to wager on various sports and events, including football, basketball, baseball, hockey, soccer, tennis, golf, esports, and more. You can also place bets on big events such as the Super Bowl, March Madness, the World Series, and the Olympics. However, PayPal may not be available for all sports and events in some states, depending on their sports betting regulations.