Best PayPal Betting Sites 2024
Betting sites that accept PayPal are on the rise for good reason. Now over a quarter of a century old, the popular payment service provides easy, fast, and fee-free transfers to and from sportsbooks and casinos. Here, we share the best PayPal betting sites by weighing up the pros and cons.
By signing up with any of the platforms mentioned on this page, you’ll gain access to the world’s most efficient e-wallet – with some fun bonuses to boot. Just visit any of the links sprinkled throughout to get started.
List of the Best PayPal Betting Sites
- Payout Speed
- Payment Options
- Streaming
- No. Of Sports
- 24/7 Support
BetMGM
The nation’s favorite sports markets are available at BetMGM – with chance bet picks, parlays, team props, player props, and futures for a broad range of events. The site’s PayPal integration is seamless, offering instant deposits and speedy withdrawals. Considering the ease at which I could claim the platform’s welcome offer, BetMGM is easily recommendable for new customers and veteran sports bettors.
FanDuel
Like its rivals in the industry, FanDuel serves as a haven for US sports betting. It’s one of the few betting sites with PayPal that’s renowned for focusing on horse racing through TVG – but there’s more to the sportsbook than just live streaming. 24-hour turnarounds for PayPal withdrawals and instant deposits make FanDuel a top pick for me, with few bookmakers providing such a vast array of action.
DraftKings
DraftKings may be one of many PayPal sportsbooks, but I find that it shines brighter than much of its competition. The online sportsbook racks up numerous features, including fantasy sports, sports betting, a casino, promotions, unique markets, and more – all of which begin with a simple e-wallet deposit. I can’t overstate how impressed I was when I loaded up the site, and I’m already looking forward to diving in again.
Hard Rock Bet
Fancy mixing casino games with online sports betting? Hard Rock Bet is the place to be. Serving up MMA, motor racing, top sports divisions, global events, and popular table games, the operator lists PayPal as one of its many deposit options. Plus, withdrawals should come through within two days.
How We Select the Top PayPal Betting Sites
Not all betting sites that use PayPal are created equal. Some deliver more detailed streaming services, while others focus on offers and markets. Here, we break down the criteria used on our sportsbook review pages to separate the good PayPal sports betting sites from the great.
- License and Safety — We examine whether the site’s license is up to date and provided by recognized authorities, and only ever recommend licensed sites. The website’s security features—like SSL encryption—are considered.
- PayPal Integration — Betting sites using PayPal should make the e-wallet available for rapid deposits and withdrawals – both with low minimum limits.
- Withdrawal Speed — Other than bank transfers, we expect the best PayPal betting sites to process withdrawals for all methods in 48 hours or less.
- Betting Market Coverage — All sports betting sites should strive to offer the most complete coverage when it comes to market options. That’s why we note the depth associated with every sport.
- Live Streaming and In-Play Betting — Modern technology allows for real-time streaming and live betting – so online betting sites without these features are marked down in our books.
- Welcome Bonus and Ongoing Promotions — We love to see betting sites that accept PayPal reward new users and existing players so long as PayPal deposits are eligible for every promotion.
PayPal Betting Sites Explained
PayPal is a virtual online-only payment method that processes transactions between two systems for free. The peer-to-peer nature of PayPal shapes its network, allowing for fast, uninterrupted transactions – as is necessary in an ever-evolving online betting industry. All you need is a bank account to get started.
PayPal’s popularity in the gambling scene is driven by this primary factor: it makes deposits and withdrawals quicker, more reliable, and fee-free. Payout speeds often sit in the sub-30-minute range, making the service one of the most efficient options around. The fact that all transactions are requested in a couple of clicks makes PayPal a highly convenient payment system – one backed by heavy-duty security software.
Just link your PayPal account to a sports betting account to send funds back and forth. Once set up, you’re free to move money around whenever you please – just be sure to remain within minimum and maximum limits.
Pros and Cons of Betting with PayPal
Positives
- Supports iOS & Android — PayPal is a payment option for users of the two most popular smartphone providers.
- Fast withdrawals — Boasting speeds of between a few minutes to 48 hours, sports betting sites with PayPal support impressive withdrawal timeframes.
- Easy to set up — Online casinos and bookies make linking your PayPal account to the betting platform simple, adding to the rapid speeds associated with payments.
- Zero fees — Unlike transactions via bank transfer, PayPal is completely free – regardless of whether you use it as a withdrawal or deposit method.
Negatives
- Not available everywhere — Despite being one of the world’s biggest payment systems, PayPal isn’t accepted at all online gambling sites.
- Card payments unsupported — Ensure that your PayPal account is linked to a bank account rather than a debit card or credit card.
- Not eligible for every offer — Some betting sites that accept PayPal exclude e-wallet transactions from qualifying deposits.
Claim a PayPal Betting Site Bonus
PayPal functions as more than just a tool to fund bets. Often, deposits at online sportsbooks that accept PayPal allow users to qualify for betting offers. Your sole requirement is to meet the minimum deposit linked to the sportsbook promo or enter a bonus code.
Bonus Bets
Betting sites that take PayPal transactions tend to hand out free bets—also known as bonus bets—to new and existing customers. Essentially, you keep the money from any winnings and lose nothing if the punt lets you down.
Money Back Bets
The premise for money back bets is simple: you get a refund as a free bet or cash if your wager loses. T&Cs apply to this and similar offers – so remember to read your requirements before jumping in. A promo code may be required.
Matched Deposits
Predominantly available for players with a new sportsbook account and depositing funds for the first time, this type of offer matches your initial deposit up to a predetermined figure. For example, a 100% matched deposit bonus doubles your money – whereas a 50% matched deposit bonus rewards users with half the value of the first deposit.
Responsible Gambling
Whether you’re betting from Colorado, New Jersey, Michigan, Pennsylvania—or anywhere else—the dangers of online gambling are something to keep an eye on. It can be easy to get caught up in the heat of the moment, but make sure to keep your habits in check. Never chase losses, and remember that gambling is supposed to be a fun hobby – not a way to make money.
If you feel that your gambling habits are getting out of control, visit the NCPG to get help and advice. The National Council for Problem Gambling provides access to a variety of gambling support options – including live chat, text support, and help by phone.
Please refer to our Responsible Gambling page for further information and FAQs on staying safe while gambling.
Get Started with a PayPal Betting Site
Now you know the top five online sports betting sites that accept PayPal, and the pros and cons of PayPal betting sites, you can get started. Do you fancy yourself as an expert score-predictor? A touchdown connoisseur? Or do you prefer to try your luck at a bit of everything?
No matter your favorite market, many of the best PayPal sports betting sites will cater to your needs. Simply sign up to PayPal, link your account to any of the best sportsbooks, and then begin betting on hundreds of exciting markets.
Hit any of the links on this page to access highly-rated betting sites with PayPal.
Frequently Asked Questions
Is PayPal free?
Yes, PayPal and its app are free to use.
Is sports betting legal?
Sports betting is legal in more than half of the states in the US.
How fast are PayPal payouts?
PayPal withdrawals are generally processed in under 48 hours.