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. 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.
There are lots of reasons PayPal is a great option if you need to get money onto your online sports betting account. 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. Wide range of betting options Top notch customer service Great live betting section. Claim Now. William Hill. Fastest payout platform Many withdrawal options Live Right Now feature. Great banking options Access to fantasy sports Beginner friendly.
Lots of betting options Daily odds boost Great live betting section. Fox Bet. Attractive odds boost feature Great website and app design Top Bonus. Huge variety of bets Great mobile app Beginner friendly. Free play options Special contests for newbies. Monkey Knife Fight. Use bonus code WSN50 2nd half contests Beginner friendly. PayPal provides gamblers with a deposit or withdrawal method that is: Secure Private Fast 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.
First you have to sign up for a PayPal account. Next, you must fund your PayPal account. Choose the option to set up a personal account, not business. Enter your personal information including name, email, mailing address, and phone number, and then agree to the terms and conditions. Verify your account by following the link in the verification email sent to you by PayPal.
Continue to the next section to fund your PayPal account. Bank transfers are free but the downside is that it takes three or four days to process the transaction. Credit card transfers cost 2. Once you have funds in your PayPal account, go to your online sports betting site and choose PayPal from the list of deposit options. Check Free — Having a paper check mailed to you is appealing to some people but it does take longer, usually around two weeks.
PayPal actually issues its own MasterCard debit cards that you can use just like a regular debit card, wherever MasterCard is accepted. Bet on Sports with PayPal for Fast, Secure Transactions There are lots of reasons PayPal is a great option if you need to get money onto your online sports betting account.
Impressive range of bonuses Best betting markets in NJ 1 of the world's top sportsbooks. One of the most trusted casino names in the business, BetMGM provides an excellent betting platform for its users.
Caesars is perhaps one of the biggest names in the sports betting and casino industry. Caesars offers some of the widest range of betting options with some of the most competitive lines in the industry. The Golden Nugget is one of the oldest and most famous names in the casino industry.
With locations in five cities, including Las Vegas, Golden Nugget customers can find their sportsbook across the country. They charge fees for the following circumstances:. There is no cost if you transfer money from your PayPal account directly to your bank account. If you prefer to receive a check, a small fee will be charged. Click Link a bank account. Depending on the bank you select, you may have the option to link your bank instantly using your online banking login information.
PayPal will match this information with your bank to confirm your account ownership. Once this information is entered correctly, your bank account will be confirmed instantly. You must complete this step before you can use your bank account to make payments or add money to your PayPal account.
You can also contact your bank to find out the exact amounts of these deposits. With this information, you can complete the confirmation process online or follow the steps below:. Click Wallet at the top of the page. Click the bank you want to confirm. Enter the exact amounts of the 2 deposits made to your account. Click Submit. Click Link a debit or credit card on the left side of the page.
Follow the instructions on page to link your card. If you cancel a payment you just sent from your bank, please allow business days for the money to appear in your bank account. Instant transfer using your eligible debit card or bank account Estimated arrival: about 30 minutes :. On your Summary page, click Accept the Money. Click Transfer to your bank. Fill in the amount you are transferring and click Next. Click Done to complete the transfer. Click Wallet. Click Transfer Money.
Click Add money to your balance. Select your bank and enter the amount you want to transfer and click Add. It usually takes business days for the transfer to go through. You can do it at any time and at no cost. There are 2 types of PayPal accounts: Personal and Business.
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