When you sign-up through links on our site, we may earn an affiliate commission. Learn more >
Depositing and withdrawing money from legal sports betting sites in the US using PayPal is easier and more convenient than with any other payment method.
If you reside in any of the states where sports betting is legal, you have a wide range of legal sportsbooks offering PayPal as a banking option to choose from. Whether you want to bet on regular or daily fantasy sports, PayPal is a great banking option.
The table below shows which legal sportsbooks currently accept PayPal as a payment option. The list below covers New Jersey, Illinois, Colorado, Pennsylvania, Indiana, West Viginia and more. Make sure to check back regularly as more PayPal sportsbooks are added to the list.
In addition to the below sites accepting PayPal, the payment method is also accepted at daily fantasy sports sites for both deposits and withdrawals.
No bet-throughs required
Lots of sport-specific promos
Promo Code 'WSNFULL'
Up To $1,250 On Caesars
21+ | Terms and conditions apply
Impressive range of bonuses
Best betting markets in NJ
1 of the world's top sportsbooks
$200 in Bonus Bets
21+ | NJ Only | T&Cs, time limits & exclusions apply
Great payment and customer support
Access to fantasy sports with one account
Bet $5, Get $150 in Bonus Bets Instantly!
21+ | T&Cs apply
Wide range of betting options
Top notch customer service
Promo Code 'SPORTS'
$500 Free Bet
21+ | VA only | Gambling problem? Call 1-800-532-3500
Lots of betting options
Daily odds boost
Great live betting section
$100 Second Chance Bet
Terms and conditions apply | 21+ | VA only
Unique PointsBetting system
Unbeatable rewards
Get 5 x $50 Bet Credits
21+ | T&Cs apply
Fastest payout platform
Many withdrawal options
Promo Code 'SPORTS'
2nd Chance Bet up to $100
21+ | Terms and conditions apply
Excellent live streaming options
Generous welcome bonus
Wide range of banking options
$100 in FREE BETS
21+ | NJ only | T&C apply
Beginner friendly
Fantastic odds
Bet $20 Win $200 in Free Bets
21+ CO, VA, MI Only | Terms and conditions apply
Impressive range of bonuses
Best betting markets in NJ
1 of the world's top sportsbooks
$200 in Bonus Bets
21+ | NJ Only | T&Cs, time limits & exclusions apply
20K public contests per day
Play against friends privately
Win even if you don't finish 1st
Bonus up to $500!
New Users Only. Min. $5 Deposit. Eligibility restrictions apply. See DraftKings.com for details.
Free play options
Special contests for newbies
Get a FREE NBA Entry
21+ | Min Deposit $10. T&Cs apply
Easy registration
Beginner friendly
Impressive range of bonuses
$500 Deposit Match Bonus
Betting site focusing on fantasy
Bonus Code wsn_promo
$200 Deposit Match
21+ | Terms and conditions apply
Live streaming and instant replays
Exclusive rewards program
Huge variety of bets
$200 Sign-Up Offer
21+ | Terms and conditions apply
$25 referral bonus
Picks from horse racing experts
Promo Code '200TVG'
Get your first single horse wager back up to $200
21+ | Terms and conditions apply
If you’re looking for the best US online sportsbooks that accept PayPal, or you have questions about how PayPal can be useful for betting on sports online, this guide is perfect for you.
In this in-depth article we’ll explain the ins and outs of using PayPal for sports betting, including:
We’ll also touch on the kinds of processing times you can expect for PayPal deposits and withdrawals, as well as the fees and extra costs associated with this banking option.
If PayPal isn’t a good option for you, refer to our comprehensive guides to other popular online sports betting payment methods to find alternatives to PayPal.
Sports betting sites that offer PayPal will not charge you any processing fees when you deposit using PayPal and the service itself is free.
However, you will have to pay PayPal fees when depositing via a debit or credit card. This fee is currently 2.9% of the total amount deposited.
If you only use an existing PayPal balance to deposit or fund your PayPal account via bank transfer, no processing fees will be charged.
PayPal provides gamblers with a deposit or withdrawal method that is:
The main benefit of depositing with PayPal is not having to disclose your credit card or bank account information, which gives some users more peace of mind.
Moreover, despite online sports betting being legal in states like New Jersey, some major US banks like BofA, Capital One, Wells Fargo, and TD Bank still refuse to process transactions to and from gambling sites. Using PayPal can help you bypass that hurdle, especially if your bank has a no gambling transaction policy.
Being an e-wallet, PayPal also allows you incredible speed when depositing funds into your betting account.
All these benefits together contribute to PayPal being the payment method of choice for online gamblers.
An added benefit is that PayPal is useful for all sorts of online transactions, not just gambling.
The only disadvantage of using PayPal lies in the processing fees associated with depositing with a credit card.
Like we said before if you already have funds in your PayPal account, or you’re able to fund it using bank transfers, you won’t have to pay any fees at all.
Yes. You can use PayPal as a withdrawal method provided that you have already made a successful deposit with the same PayPal account.
In general, online sportsbooks always prefer that you withdraw funds using the same method you used to deposit. If you need to withdraw using another method you’ll usually have to contact the site’s security department to make special arrangements for a different withdrawal option.
Just go to your online sportsbook’s cashier and make sure the site allows you to cash out using PayPal.
PayPal deposits at sports betting apps happen instantly. This is one of the biggest advantages of choosing PayPal as your banking option and it’s reason the service is so popular for betting on sports in the US.
Most of the time people don’t want to wait around for days before being able to place their first bets. Using PayPal means you’ll be able to start wagering seconds after making your deposit.
As with all payment methods, PayPal withdrawals will usually take a couple of days to get processed by most sportsbooks.
The reason for this is the additional checks and verifications that need to be performed on the transactions. The processing times for PayPay withdrawals varies a bit from site to site. If fast cash outs are important to you, make sure to read the sportsbook’s fine print before you sign up.
For more information check out which are the best online sportsbooks for payouts and withdrawals.
Currently, none of the sportsbooks offer PayPal-specific bonuses for which you would need a special bonus code. If any of the betting sites accepting PayPal start offering this option, we will make sure to update this section with all available bonus codes.
Meanwhile, check out our sports betting bonus guide for the latest sportbook promo codes and offers.
No. Generally speaking PayPal can only be used in jurisdictions where gambling is regulated, such as New Jersey.
Moreover, you can only use PayPal to deposit and withdraw from licensed sports betting sites and online casino sites, as well as daily fantasy sports sites and horse racing sites.
Not being able to use reputable payment processors like PayPal is just one of the reasons to steer clear of unregulated offshore betting sites. Since these sportsbooks are not licensed in the US, they are not subject to the same laws and oversight.
That means if something goes wrong with a transaction, or the company runs into trouble with their business, you might not get your money back.
Choose from our list of recommended legal US PayPal betting sites above to make sure your gambling experience is safe and secure.
Getting started with PayPal is really easy so even if you don’t have an account, you won’t have any problem using this banking option for online sports betting.
Like most e-wallets, PayPal acts as an intermediary between your bank account or credit cards, and the online sportsbook, allowing you to make a deposit or withdrawal without entering your banking information.
In this section, we’ll explain how to move money on and off your online sports betting account using PayPal.
Depositing with PayPal is a two-step process.
First you have to sign up for a PayPal account. Next, you must fund your PayPal account.
When it’s time to cash-out money from your sports betting account, just follow the same process as depositing but in reverse.
First, withdraw the money to your PayPal account using the online betting site’s cashier.
Once the money is in your PayPal account, there are four main ways to get your hands on it:
There are lots of reasons PayPal is a great option if you need to get money onto your online sports betting account.
The biggest reason right now is that even though betting on sports is legal in New Jersey and lots of other US states, many banks and credit cards still don’t let you make transactions with gambling sites.
Until this changes, third-party payment processors like PayPal will continue to be the best option for safe and convenient sports betting deposits and cash outs.
Check the list above for the best sportsbooks that accept PayPal and use the links in our reviews to get a great bonus when you sign up.
Payments
Sportsbooks That Take Visa Credit Card
Payments | 14 October, 2022 | Evan Henningsen
Payments
Online Sportsbooks That Take Mastercard
Payments | 14 October, 2022 | Evan Henningsen
Payments
Prepaid Gift Card Sportsbooks
Payments | 14 October, 2022 | Evan Henningsen
© Rebel Penguin ApS 2023 (a subsidiary of Gaming Innovation Group Inc.)
We support responsible gambling. If you feel like you're losing control over your gambling experience, call
1-800-GAMBLER (NJ, PA, WV), 1-800-9-WITH-IT (IN), 1-800-BETS-OFF (IA), 1-800-522-4700 (NV), 1-800-522-4700
(CO,
TN), 1-855-2CALLGA (IL), 1-800-270-7117 (MI).
WSN.com is run by iGaming Cloud Inc (a Gaming Innovation Group Subsidiary) and is registered with the New Jersey
Division of Gaming Enforcement (DGE) under affiliate vendor ID
89744,
with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by
the
Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number
117656-1,
possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account
number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board,
an
interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery
Commission, a sports betting vendor registration, under registration number #100400, issued by the Director
of
Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a
Vendor
Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.
Advertising disclosure: WSN contains links to online retailers on its website. When people click on our
affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various
sportsbooks.