As seen at online sports betting sites in the US, PayPal is one of the most used payment methods because of its high safety and security features. With 1.6 million sites enlisting PayPal’s services worldwide, customers are letting businesses know what they like.
Among those 1.6 million sites, are many, many sites in the US. But which ones deserve to be crowned the best PayPal betting sites and garner your attention, and which ones should be avoided?
Well, lay your weary head down to rest, because we’ve got all the answers you need right here.
If PayPal is your preferred payment method when you're using online casinos or online sports betting sites, then stick around for this article!
Top PayPal Online Betting Sites in the US
| Name | Score | Play Now | Welcome Bonus | Payment Methods | Sports | Payout Speed | Disclaimer | |
|---|---|---|---|---|---|---|---|---|
 | 9.8 | Claim OfferBetMGM.com | Bet $5 Get $158 in Bonus Bets | Cash, Venmo, PayPal, Bank Transfer, Apple Pay, Play+ | 20+ | 3-8 Days | Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in the state you're wagering in. T&C Apply. | |
 | 9.2 | Claim Offerbet365.com | Bet $5 Get $150 | PayPal, Skrill, Paysafecard, PayNearMe, Visa, Mastercard | 20+ | Hours - 5 Days | Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in CO. T&C Apply. | |
 | 9.6 | Claim OfferFanDuel.com | Bet $5 Get $200 In Bonus Bets If Your Bet Wins | Cash, Venmo, PayPal, Apple Pay, ACH Transfer, Visa, Mastercard | 18+ | Hours - 5 Days | Gambling Problem? Call 1-800-GAMBLER. Hope is here. Gamblinghelplinema.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY). | |
 | 9.4 | Claim OfferDraftKings.com | Bet $5 Get $150 in Bonus Bets Instantly! | Cash, Venmo, PayPal, Apple Pay, Play+, ACH Transfer, Visa, Mastercard | 25+ | Hours - 5 Days | Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in CO. T&C Apply. | |
 | 8.6 | Claim OfferBetway.com | Up to $250 Back In Bonus Bets If Your First Bet Loses | PayPal, PayNearMe, Play+, ACH Transfer, Visa, Mastercard | 16+ | Up to 7 Days | Gambling Problem? Call 1-800-GAMBLER. Hope is here. Gamblinghelplinema.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY). | |
 | 8.8 | Claim OfferCaesars.com | Get Your First Bet Back If It Loses - up to $1,000 | Cash, Venmo, PayPal, PayNearMe, Play+, ACH Transfer, Visa, Mastercard | Hours - 5 Days | Must be 21 or older to gamble. Know When To Stop Before You Start.® Gambling Problem? If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER (1-800-426-2537). |
What is PayPal?
PayPal is an American online banking system supporting online money transfers that simplify old payment methods like checks or money orders. The company was established in 1998 as Confinity, but 4 years later, it went public via IPO.
The subsidiary of eBay bought the company for $1.5 billion in 2002. eBay held the company under its ownership until 2015; however, it became independent again after that. Nowadays, PayPal holds 143rd place on the Fortune 500 list of the largest US corporations in funding.
While still new on the market, PayPal underwent a security breach through which hackers made millions by leaking money from multiple accounts. Over the years, the company established various security protocols and utilized modern encryption technologies, ensuring such breaches would never happen again. Moreover, PayPay employed a new business strategy that obliges partner companies to follow specific payment processing terms and conditions for extra security.
Right after eBay acquired it, PayPal deliberately paused all payment services to online gambling companies and consumers. In the early 2000s, it was the only trustworthy payment processor that could have capitalized on the market by creating more contracts. Instead, it decided to keep away from unsafe internet activities. This service pause lasted until 2010, when many countries legalized online gambling and even online gambling sites. Once again, PayPal started extending its partnerships, but only with licensed websites.
Paypal debuted on the US networks through daily fantasy sports, but online gambling apps were still untouched. In all states where daily fantasy firms conduct business, PayPal handles deposits and withdrawals for their websites.
In 2015, PayPal took the next step into the online gaming sector in the US. At that time, a few popular casinos from all over the states, like WSOP.com, together with 888, Harrah's Casino, and Caesars Casino, began accepting payments for online poker. Slowly but surely, PayPal became the go-to payment option for casino transactions.
Today, PayPal still stands as one of the most popular e-wallets with the biggest coverage in the US and globally. Being a processor for well-known companies like Betfair, Bet365, Ladbrokes, and William Hill helped it build brand recognition in nations where it could not have otherwise attracted players' attention.
Given that it is only available in licensed states, PayPal online betting sites provide top-notch security that ensures your payment details will be protected from any data breaches on sports betting sites. You can choose from our selection of PayPal online betting sites for US bettors and immediately proceed to make safe deposits.
Pros & Cons of Using PayPal in America for Online Betting
Many customers and online betting sites in the US recognize PayPal as the most reliable e-wallet. Below we go through the main points that distinguish this banking method from popular options on the market, such as Skrill or Neteller. Check the many advantages and some drawbacks of PayPal below.
Pros
Safety and Security
Thanks to advanced technology, PayPal is undoubtedly one of the safest and most secure transaction systems available in the US. The service uses secure sockets layer (SSL) protocol technology and 128-bit encryption to encode all transactions automatically. Additionally, PayPal does server checks to ensure users access its website with a browser that supports SSL 3.0 or above.
PayPal also features increased security measures that go above and beyond current technologies like SSL. According to Tom Kelly, President and Chief Executive Officer of the digital privacy protection company IDX, PayPal maintains all of its data in a single online vault system. It is considered far safer than how credit card information is kept.
Given these facts and its long experience in the field, PayPal rightfully earned the title of one of the safest transaction systems in the United States, giving extra credibility to the online betting sites it works with.
Ease of Use
Probably the second leading advantage of using PayPal is the user-friendly outlook. Making a transaction for any purpose, including online sports betting, is a snap because the instructions are straightforward and require no additional help.
Moreover, making a PayPay account is not only effortless but free. You don't need agents to set up your account; only a valid email address will do. No hidden fees, no charges!
Linking your credit card and bank account to your PayPal account for withdrawals and financing simplifies online purchases. It also allows you to easily sign up at betting operators and quickly proceed to depositing and placing wagers from your credit card.
Generally No Fees for Deposits/ Withdrawals
For US users, PayPal doesn't charge fees for withdrawing or depositing like other popular payment methods. Neteller, for example, charges $5 (or the equivalent) as a monthly service fee if you don't log in to the account and make a transaction at least every 6 months.
Paypal doesn't subject users to these terms, but there are a few cases where PayPal may charge you money. For example, you can send money for free from your PayPal account to your bank, but quick transfers cost 1% of the transfer amount, with a maximum of $10 per transaction.
Regarding sports betting online sites, PayPal doesn’t impose any transaction fees; however, the betting operator might.
Fast Deposits & Withdrawals
Transactions with PayPal are instant. Note that the first deposit from your PayPal account might take longer because of specific verification procedures. However, that won’t be the case with the next.
As for withdrawals, the processing times are a bit extended. If, for example, you win a larger amount of money at a betting site, you'll have to wait before cashing out. Depending on the sum, the withdrawals can take up to 72 hours to be processed through the system. Occasionally, PayPal will delay the payment for additional assessment and take an extra day to complete it.
In most cases, you can get fast cashouts, even within 30 minutes, via the rapid withdrawal channels. PayPal's security system examines each transaction before it is issued to ensure everything is under control.
Available for use Worldwide
PayPal is legal in almost every country in the world. You can use it interchangeably at many licensed sports betting sites or online purchases.
However, PayPal isn't meant for online payments only, as you can also use it in physical stores across the US.
Cons
Not always accepted by US betting websites
PayPal constantly improves its terms and conditions to enhance users' protection from data breaches and other cyber-attacks. Unfortunately, many US online casinos fail to fulfill PayPal's strict policies, and cannot offer it as a payment method.
However, this works in the players’ favor. If you notice PayPal is an available payment method at any betting site, you can rest assured it is legal, licensed, and trustworthy since it follows PayPal’s strict security regulations.
Not Always Eligible for Bonuses in USA
You should know that some betting sites exclude PayPal deposits for their bonus offers. Moreover, there are rarely promotions tied specifically to PayPal users.
However, that’s not to say that you can’t claim bonus deals if you make PayPal transactions. All top online PayPal betting sites on our list feature generous promotions you can qualify for if you deposit through this method.
How to Deposit Using PayPal
As long as the bank account you've linked to PayPal is active, PayPal does not need you to have money in your account. But keep in mind that having money in your PayPal account can make online payments more accessible and make the whole process faster.
Here’s a short guide on how to create a PayPal account and utilize it for PayPal deposits at US betting sites:
Sign up for PayPal (if you don’t have an existing account) – Setting up your PayPal account is easy. All you have to do is visit the company’s site or download the app, fill in your personal information, and confirm the details through phone or email.
Sign up for a sports betting website that supports PayPal – Once your digital wallet is ready, you can register at a PayPal online betting site. If you choose one of our recommended operators, the registration process will be straightforward. Enter the requested data and verify your account (by providing extra documentation).
Check if PayPal is eligible for the bonuses – Some bonuses can’t be claimed with all payment methods, so make sure that PayPal deposits qualify for the promo you choose.
Select PayPal as the payment method – Go to the Deposit section and choose PayPal from the banking options.
Enter the amount you want to deposit – Make sure you have available funds in your PayPal account and specify the amount you wish to transfer. PayPal is compatible with almost every bank in the US, barring the pre-paid card issuers or some of the online-only banks.
Approve the deposit using the PayPal app – Go to the PayPal app to confirm the deposit amount. Afterward, the funds will instantly show up on your PayPal account.
How to Withdraw Using PayPal
Withdrawing with PayPal is just as easy as depositing. Here's what the process looks like at top PayPal betting sites US:
Go to the cashier section of the sports betting site – You will find the cashier section somewhere around the corners or in the My Account tab of the sports betting account of your sports betting website.
Select to withdraw to PayPal – Once you find it in your sports betting account, click on the withdraw button to collect your win and choose PayPal as your preferred method. The betting operator and the e-wallet may take a few days to verify the transactions, especially in the case of larger sums. The average processing time is around 5 days.
Check the details and confirm the request – check the details once again before you file your claim. Your withdrawal will be credited to your PayPal account within the specified timeframe. If there is any problem with the cashout, you can contact the customer support team.
Deposit & Withdrawal Times & Limits in the US
There are restrictions for both deposits and withdrawals at all PayPal betting sites US, and betting websites are free to handle them individually. The sites usually impose minimum and maximum limits for all transactions, and customers must make payments within the given range. Additionally, the casino or bookie may add daily, weekly, or monthly limitations on deposits and withdrawals.
Most sites stick to $10 minimum PayPal deposits; however, they can bring it down to $5 or even $1 in rare cases. Maximum deposits usually don’t exceed $5,000. For withdrawals, most betting websites have a $10-20 minimum limit and up to $10,000 maximum withdrawals.
In a nutshell, the limits vary among US betting sites, and you must inform yourself about them before making any transactions at a new online PayPal betting site.
As you can see in the table of our best PayPal betting sites below, PayPal deposit and withdrawal times vary from instant payouts to approximately 48 hours. Only the best PayPal sites have made it to our list, so you won’t see any ‘1-week payouts’ here.
New PayPal Betting Sites in the US
Since online betting has become legal in most US states, more PayPal betting sites are entering the gaming industry. The market is fairly competitive, and with the constant launching of new betting operators, players can expect better perks and offers. Most Virginia betting sites are also among the sports betting websites that accept PayPal payments.
New US sports betting websites that accept PayPal have started releasing special promos for e-wallet deposits, and some have lowered the minimum deposit qualifications to $1, $3, or $5. In terms of bonuses, operators are trying to extend their player base and become competitive in the market; thus, they’re offering more lucrative deals.
In the table below, you’ll find the best online PayPal betting sites coming this 2023, where you can safely deposit and withdraw with your favorite digital wallet.
Best PayPal Betting Bonuses in the USA
Most often, all top PayPal betting sites offer exclusive welcome bonuses for new customers. Players can claim the deal by creating an account and making an initial deposit via PayPal.
Besides the signup bonuses, new punters can get various other promos like reload bonuses, no-deposit deals, free bets, etc. There are various promotions for regular customers as well, such as the popular 100-300% deposit match bonuses and cashback deals.
Researching and evaluating thousands of available betting websites that accept this banking method will take you a lot of time. Instead, we’ve completed the whole process for you. Below, you’ll find the best US betting sites that accept PayPal where you can enjoy some free bets or generous registration promos for only a few bucks deposits. Take your pick and enjoy betting worry-free.
Best US Alternatives to PayPal
If you struggle with your PayPal account or want to check other similar options, there are many alternatives to PayPal you can use in the US, offering similar protection and payment services.
Debit/Credit cards
Debit and credit cards are mostly used payment methods by rookie punters. It's super straightforward, the process of depositing is the same as purchasing an item online, and they’re available at almost any betting platform. Still, there are a few things to consider.
In terms of security, both credit and debit cards are safe banking methods, but using credit cards can be tricky since they aren’t usually accepted for withdrawals. Also, most card transactions feature fees and longer processing times.
Cash
Cash at Cage is an accepted payment method at some of the best online betting sites aimed at US players; however, it doesn’t have nearly as much coverage as PayPal. Its deposit limits are similar to PayPal and start at about $10 on most platforms.
The main advantage of this payment option lies in its processing times. If you live local to a land-based establishment, your deposits can be instantaneous, and you won’t have to wait around before you start betting. In terms of withdrawals, it won’t take more than 24 hours to get the confirmation for your cash out. Afterward, you can head out immediately to the land establishment partnered with your online sports betting site and pick up your money.
ACH & Wire Transfers
Bank transfers are another in the line of robust banking method for depositing and withdrawing at sports betting sites. This method emerged even before technology boomed, but it's still one of the best banking methods for two major reasons.
Users of the Bank Transfer aren't obliged to provide their financial information to betting websites. And because banks use exceptionally high levels of encryption and security with their transactions, bank transfers are exceedingly secure. The second reason is that bank transfers are super affordable, and users don't have to pay any additional fees to bet sites for depositing or withdrawing.
Alternatively, you can use ACH transfers for your deposits and withdrawals. They are usually slower than a wire transfer, but come with lower processing fees – so if you don't prioritize speed or have a particularly high sum that you wish to move around, ACH transfers may be a better choice.
Skrill
Skrill is also a very popular eWallet among bettors. Just as with PayPal, Skrill has a user-friendly app that eases the registration process and is free to use.
Generally, Skrill features high deposit and withdrawal limits, allowing punters to transfer larger amounts of money into their wagering accounts. Compared to other banking methods, Skrill makes fast withdrawals with no charges whatsoever, except in the case of currency conversions where dome fees are applied.
eCheck
Another in the line of safe and secure electronic payment alternatives is eChecks. With the aid of a payment processor, eChecks uses the Automated Clearing House (ACH) to perform a direct debit from a customer's checking account into a merchant's business bank account.
What makes eChecks a safe and optimal alternative is the technology they use to complete the transaction, making them more secure. Using eChecks is a breeze, as everything is straightforward and adjusted to fit all age groups.
PayNearMe
We picked PayNearMe as one of the best alternatives because many popular forums with real user testimonials have made positive comments about it. Player satisfaction rises as the operating costs of this payment method are reduced, and the excellent interface is just another plus.
Although PayNearMe is usually not available for withdrawals, you can still deposit at most betting sites with ease. The minimum limit is around $20, while the maximum daily limit on most platforms is $500. To use it, you'll have to generate a barcode from your betting account, and take it to the nearest PayNearMe location to deposit your cash. There are over 60,000 locations spread across the US, so it's likely that you'll have one local to you.
Play+ Prepaid Card
Play+ is a prepaid credit card FDIC-insured account that you can use to fill your favorite resort, sports, or iLottery account. Play+ may be used for everyday purchases both online and in-person, as well as at ATMs.
Most betting sites in the US offer this payment option, so accessibility is not a problem. Ultimately, many refer to this as the cashless way of playing, as it allows you greater control over your bankroll and spending due to some specific features.
Practice Responsible Gambling
At BestGamblingSites we want our readers to enjoy betting on sports and stay safe when doing so. To stay safe when betting we advise you to:
Establish a budget: Set yourself a financial limit before you start betting. Adhere to this budget strictly and do not chase losses.
Manage time wisely: Set specific time boundaries for betting. If you're betting a lot, then take a break. Most US betting platforms offer timeout options to assist with this.
Emotionless decision-making: To ensure responsible gambling, it is crucial to detach emotions from the betting process. Recognize that luck plays a role, and that heightened emotions can lead to poor choices. Take a pause.
Avoid pursuing losses: Although betting losses are undesirable, resist the urge to chase them. Doing so can exacerbate errors in judgment. Most US betting platforms offer payment caps to assist with this.
Understand the risks: Gain comprehensive knowledge about the potential risks associated with betting. Acknowledge that the odds generally favor the house and approach sportsbetting as entertainment, rather than a reliable source of income.
Do not borrow to bet: Refrain from borrowing funds for betting purposes. This practice can lead to financial distress and a cycle of debt. Only utilize disposable income for betting.
Seek assistance when necessary: If you or someone you know is grappling with gambling addiction, do not hesitate to seek support from dedicated organizations or helplines. These resources provide valuable assistance, guidance, and access to relevant tools for overcoming gambling-related challenges.
| Organization | Description | Website |
|---|---|---|
| National Council on Problem Gambling (NCPG) | Advocates for individuals and families affected by problem gambling and provides resources and helpline services. | www.ncpgambling.org |
| Gamblers Anonymous (GA) | Offers support groups for individuals struggling with gambling addiction. | www.gamblersanonymous.org |
