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PayPal Betting Sites – Which Sportsbooks & Betting Apps Accept PayPal in 2024

Patrick Cwiklinski

By Patrick Cwiklinski

Updated:


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PayPal is one of the most convenient ways to manage online payments. With billions of dollars wagered every year at sports betting sites, it’s the perfect service for online sportsbooks.

The list of sports betting sites that accept PayPal for deposits and withdrawals includes all the best sportsbooks on the market, but each betting app does it a little bit differently. In 2024, many new customers and existing ones use PayPal as a great instant deposit alternative to traditional credit cards such as Visa and Mastercard.

Let’s get into the specific details for the best PayPal betting sites, along with how to deposit and withdraw funds on each of them.

Jump to: DraftKings | FanDuel | Bet365 | BetMGM | Caesars SportsbookESPN BET | BetRivers


PayPal Betting Sites: Sportsbooks That Accept PayPal

As you can see in the above table, major sportsbooks like DraftKings and FanDuel offer PayPal for managing payments and payouts, making PayPal one of the most popular online betting deposit methods. You’ll need your own PayPal account before you can complete any transactions and cash out, but chances are you already have one.

PayPal sportsbooks can be found in most places where sports betting is legal, allowing sports bettors to make deposits with ease.

Betting sites don’t charge additional fees for using PayPal, and you can load your PayPal account using your bank account, credit, or debit card. Simply put, it’s the best deposit option available via online sportsbooks and online casinos.

It’s always important to make sure you read over what T&Cs apply when claiming welcome bonus before you make your first deposit and first bet using PayPal. Online gambling sites may have varying terms when it comes to their PayPal deposits and withdrawals.


Using PayPal to Deposit on DraftKings

DraftKings added PayPal to its list of accepted payment options in 2018. PayPal has a reputation for quickly facilitating transactions through the online sportsbook and the DraftKings promo code is available in many different states. DraftKings is also one of the best online casinos that accept PayPal in some states.

PayPal betting sites draftkings

Deposits:

If you don’t have a PayPal account, follow this process until you reach the PayPal portal. From there, you can create an account and continue with the deposit process.

  • Log in to your DraftKings sports betting account via the online betting site or mobile app
  • Navigate to the “Deposit” page on DraftKings under the drop-down menu
  • Select PayPal as your payment method
  • Enter your PayPal credentials
  • Confirm the transaction to load up your virtual wallet

DraftKings has a minimum deposit requirement of $5 and a maximum deposit limit of $2000. These figures may vary depending on rules and regulations in the local jurisdiction.

You can request an increase to your deposit limits if need be.

Withdrawals:

  • Make your way to the “Withdraw” section under the drop-down menu
  • Enter the amount you want to take out
  • DraftKings will first refund any deposits made in the last 90 days
  • This refundable deposit will be returned to the original deposit source
  • Select how the rest of your winnings will be delivered, either by PayPal or by check

We recommend sticking with PayPal to withdraw all of your winnings. There is a minimum $5 fee for requesting a check. For more payment options, check out our DraftKings deposit methods.

DraftKings requires users to submit a W-9 form as part of their compliance and identity verification process. They will issue additional tax forms if necessary.


Using PayPal to Deposit on FanDuel

PayPal is accepted at FanDuel, but it works a little bit differently. The FanDuel online sportsbook and FanDuel promo code is available in a number of different states including Arizona, Colorado, Louisiana, Maryland, New Jersey, New York, Pennsylvania, and Ohio.

FanDuel PayPal Deposit Screen

Deposits:

If you want to use PayPal on FanDuel, you need to have your bank account linked to your PayPal account as the preferred payment method. You can link your bank account through the “Wallet” tab on PayPal’s website, and you can set your preferred payment option from the same page.

  • Log in to FanDuel via the online betting site or mobile app
  • Click the “Add Funds” button
  • Select PayPal as your deposit method
  • Choose how much you want to deposit
  • Click the “Deposit” button below the PayPal logo
  • Complete the transaction on the PayPal portal
  • Your funds will be available instantly on FanDuel

Withdrawals:

Note that you must use PayPal to deposit funds on FanDuel if you want to use it as a withdrawal method.

  • Click on the same button you used to deposit on the FanDuel homepage
  • Select the withdrawal option, and choose how much you want to take out
  • You can withdraw winnings on FanDuel through PayPal, online banking, or by check
  • We recommend using PayPal to complete the transaction

It usually takes 48 hours to see your money go through, but you might be waiting up to 72 hours if traffic is high on FanDuel.


Using PayPal to Deposit on Bet365

Bet365 deposit methods include PayPal for deposits and withdrawals in jurisdictions where sports betting is legal and available. The Bet365 bonus code is now available in Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia.

The minimum deposit for PayPal at bet365 is $30, which is the highest among PayPal betting apps we reviewed.

PayPal betting sites bet365

Deposits:

  • Log in to your Bet365 account via the online betting site or mobile app
  • Click on “Deposit” and select PayPal from the list of payment options
  • You’ll be redirected to the PayPal website to enter your login information
  • Confirm your payment in the PayPal portal
  • Your deposit will be instantly credited to your Bet365 account

Withdrawals:

Using PayPal for withdrawals at Bet365 is just as easy as making a deposit.

  • Go to the “Account Menu”
  • Select “Bank” and then select “Withdraw”
  • You can choose to withdraw via your PayPal account
  • Funds will be credited to you within 24 hours

Using PayPal to Deposit on BetMGM

BetMGM takes bets from anyone located in Arizona, Colorado, Indiana, Nevada, New Jersey, New York, Ohio, Pennsylvania, and more. All these states have legal sports betting, so PayPal can be used for deposits and withdrawals while claiming the top BetMGM promo code. BetMGM is also an online casino that accepts PayPal, as its casino app is one of the most popular in the US.

PayPal betting sites BetMGM

Deposits:

A pre-loaded PayPal account or a PayPal account linked with your bank information can be used to make deposits at BetMGM. You can fund your PayPal account through your bank account, debit, or credit card.

  • Log in to your BetMGM account via the online betting site or mobile app
  • Find the “Cashier” tab
  • Select “Deposit” and click on the PayPal icon
  • Enter the amount you want to deposit and complete the transaction through PayPal

There are no fees to deposit through PayPal at BetMGM, and your funds will be available in 10 to 20 seconds.

Withdrawals:

You can withdraw funds through PayPal at BetMGM, but you need to have made a deposit with your PayPal account within the last six months.

A unique feature of using PayPal at BetMGM is the ability to withdraw to PayPal even if you deposited funds with a different payment method. No matter how you deposited money into your bankroll, you can access your winnings through PayPal.


Using PayPal to Deposit on Caesars Sportsbook

Casino giant Caesars Entertainment has online sportsbooks available in many states and you can use PayPal to deposit funds while betting with the Caesars Sportsbook promo code.

PayPal betting sites Caesars

Deposits:

  • Start by logging on to your Caesars account via the online betting site or mobile app
  • Click the “My Account” button on the homepage and select “Deposit”
  • Select PayPal as your payment option
  • Enter the amount you want to deposit and click “Continue”

You’ll be asked to enter the email address associated with your PayPal account. Be sure to use a personal PayPal account, as Caesars won’t accept deposits from PayPal Premier or PayPal Business accounts.

If you enter a different email address than the one used on your PayPal account, your deposit will not go through. Only one PayPal account can be used per customer when depositing funds to Caesars.

From there, you’ll be directed to the PayPal portal. Caesars requires you to link PayPal to your bank account as the preferred payment method. You can’t deposit funds on Caesars through PayPal using a debit or credit card.

Once you’ve completed the transaction on PayPal, the funds will be added to your Caesars Sportsbook account immediately.

Withdrawals:

You can only withdraw funds to PayPal on Caesars if you’ve made a deposit through the same PayPal account.

  • Click on “My Account” and select “Cashier”
  • Enter the amount you want to withdraw and click “Continue”

Caesars has a $10 minimum withdrawal requirement, and it takes them an average of three business days to process withdrawals, which is lengthy compared to other PayPal gambling sites.


Using PayPal to Deposit on ESPN BET

ESPN BET is available in over fifteen states across the US. PayPal is the best choice for depositing and withdrawing funds through ESPN BET.

PayPal betting sites ESPN BET

Deposits:

Before you can make a deposit on ESPN BET, you need to link your bank account as the preferred payment method. You cannot make a deposit on ESPN BET using a credit or debit card through PayPal.

Head over to the PayPal website and click the “Wallet” tab. Add your bank account if it’s not there already and set it as your preferred payment method on the same window.

  • Log in to your ESPN BET account via the online betting site or mobile app
  • Navigate to the “Deposits” feature under the drop-down menu on ESPN BET
  • Decide how much you want to deposit and click the yellow PayPal button
  • Enter your PayPal information on their portal and complete the transaction

Your funds should be available immediately on ESPN BET once the transaction is completed.

Withdrawals:

If you haven’t made a deposit through PayPal on ESPN BET, you won’t be able to withdraw funds to your PayPal account. Make sure you’ve made a deposit through PayPal before trying to withdraw from them.

  • Find “Withdraw” under the drop-down menu
  • Enter the amount you want to withdraw
  • Click the yellow PayPal button and fill in your PayPal information
  • Confirm the account you want to withdraw to
  • Enter your ESPN BET account password and complete the withdrawal request

Processing PayPal withdrawals on ESPN BET takes an average of one to two business days, but, like most PayPal betting apps, often will be completed much faster.


Using PayPal to Deposit on BetRivers

BetRivers has eight different methods to choose from for making deposits, but PayPal is the best choice.

PayPal betting sites betrivers

Deposits:

Making a deposit on BetRivers through PayPal is simple and effective.

  • Find the “Deposit” menu
  • Confirm the transaction on PayPal
  • Your funds will be available instantly

Withdrawals:

Note that you will not be able to withdraw any bonus funds until you’ve met the terms and conditions of BetRivers’ deposit match.

BetRivers usually takes 24 hours to process your withdrawal request.

Advantages of Using PayPal for Sports Betting

As one of the easiest and most trusted ways to exchange money online, there’s lot of reasons to use PayPal at sports betting sites. It’s currently the most-widely used e-payment option, although the number of Venmo betting apps and Apple Pay betting apps is growing.

PayPal utilizes a geo-location feature that ensures deposits and withdrawals are made without any issues. This feature identifies a user’s location when completing transactions, which is important for authorizing payments in legal sports betting jurisdictions.

PayPal is trusted around the world by people looking to send and receive money. You can rest assured you won’t have any security or privacy issues while using PayPal on sports betting sites.

For full details on where your information goes while using PayPal, check out their privacy statement.

Another great feature of PayPal is the ability to transfer funds from other eWallets. Moving money from another service like Neteller to PayPal is simple if you have the same bank account connected to both platforms.

Just follow these simple steps to transfer funds from another eWallet to PayPal:

  • Send money from another eWallet (i.e Neteller) to your bank account
  • Access your wallet on PayPal
  • Select the “Transfer Money” feature
  • Select your bank account and send the money to PayPal

Note that other eWallets like Neteller might charge a fee for transferring funds to or from a bank account. Neteller has a bank transfer fee of $10 USD.

Using PayPal for withdrawals is equally easy, which makes it popular at the fastest payout sportsbooks. There are no fees for withdrawing from PayPal directly to your bank account. You will be charged $5 if you request a check for your withdrawal.


Other Factors Worth Considering

Here are some other factors you should be aware of while using PayPal on betting sites.

Potential Limits

PayPal has a $20 minimum withdrawal requirement, so you’ll need to stack a few $5 bills before you can collect your lunch money.

There are daily, weekly, monthly, and individual transaction withdrawal limits on PayPal. These limits vary by currency, but it’s typically $10,000 per transaction.

You don’t have to worry about these limits unless you’re a high roller.

Processing Times

Processing times for PayPal deposits and withdrawals depend on a variety of factors. Each betting site has different processing times, and high levels of online traffic can impact the speed of your transaction.

Fees

You won’t encounter many fees when banking at betting sites with PayPal. This is one of the main reasons PayPal is so popular in the world of sports betting.

Because PayPal uses a geo-location feature to keep your transactions within legal sports betting jurisdictions, the only toll you might be charged are domestic transfer fees.

PayPal has a 2.9% transfer fee for domestic transactions sent through to your debit or credit cards, plus a $0.30 fixed fee in the US. There is no fee for sending domestic transactions through your bank account on PayPal.

This domestic transfer fee does not apply when depositing money on sports betting sites. It only applies if you move money from PayPal to a debit or credit card.

There are no fees for receiving domestic transactions on PayPal as long as you aren’t converting any currency. For full details, see the fees page on PayPal’s website.


PayPal Betting Sites FAQs

Looking for more information about PayPal betting sites? We’ve got you covered.

Can I use PayPal for betting on sports and casino games?

Yes, most major online sportsbooks and online casinos will let you use PayPal as a deposit and withdrawal method so you can bet on sports and casino games.

How do I find trusted PayPal betting sites?

This page contains a list of trusted PayPal betting sites that our team has personally used and verified.

Are PayPal betting sites safe and secure?

Absolutely. In fact, PayPal betting sites are some of the most safe and secure types of betting sites in the industry.

What are the advantages of using PayPal for online betting?

Some of the advantages of using PayPal for online betting include very fast deposits and withdrawals, increased security, and great customer support.

Are there any fees associated with PayPal betting transactions?

Generally speaking, there are no fees associated with PayPal betting.

How can I deposit and withdraw funds from PayPal betting sites?

Most online sportsbooks will have deposit and withdrawal options via PayPal built in within their website or mobile app so you can easily access your funds.

Can I claim bonuses and promotions when using PayPal for betting?

Yes. PayPal can be used the same way as other deposit and withdrawal methods when it comes to claiming bonuses and promotions.


The Bottom Line

With so many online sports betting sites competing for your business, there’s no shortage of options. Sports Betting Dime is here to help you make informed decisions and find the best fit for you.

Our extensive set of guides on sports betting bonuses will help you ensure you don’t leave money on the table.

Patrick Cwiklinski
Patrick Cwiklinski

Evergreen Manager; Sportsbook Expert

Following a sports journalism career with his work appearing in outlets like theScore, The Province, and VICE Sports, Patrick moved into the world of content marketing to bridge the gap between great writing and SEO success. He’s brought that same mindset to lead evergreen content efforts at SBD.

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