PayPal Betting Sites in the US
PayPal is the quick, reliable, and secure online payment method you’ve been looking for.
Below we look into the best PayPal betting sites and why you should choose this banking option over other available methods. We also guide you through PayPal’s quick deposits and withdrawals process.
Best PayPal Betting Sites in 2022
Top Results for Virginia, US | # | Sportsbook | Bonus | Visit Site | T&Cs | ||||
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Caesars Sportsbook |
Up to 1100$ free bet Cashback |
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Play |
Use bonus code: CZR
Qualifying bet: No minimum bet amount and no odds restrictions Wagering requirement: 1x bonus |
PayPal Sportsbook Winners by Category
We’ve come up with a list of the best online betting sites according to what they excel in, plus they accept PayPal deposits and withdrawals.
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BetMGM in More Detail
If you’re looking for a welcome bonus that doesn’t have any wagering requirements for you to reach and has great value then BetMGM sportsbook is the right one for you. BetMGM offers a risk-free bet of up to $1,000 on your first wager, with a minimum deposit of just $10.
BetMGM has a great selection of sports available from NBA to Formula 1, you’ll surely be content with the sports they offer. The amount of the risk-free bet is also very large when compared to other sportsbooks.
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How to find the Best PayPal Betting Site for You?
Creating a PayPal account is very easy and simple and if you get stuck in the creation of your new online betting account they have a great selection of FAQs you can look into.
To make your life easier we’ve created this guide that helps you find the perfect sportsbook that takes PayPal and fits right with your needs.
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Check out our top sportsbook listIf any of the sportsbooks interest you should read more about it in our reviews.
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Sign up with the sportsbookCreate a new account with the sportsbook you’ve selected.
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Input your personal detailsThe sportsbook will ask for your name, as well as the usual personal details to sign up with them.
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Deposit using PayPalYou can now start your betting experience when your funds have been added to your account.
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Claim the welcome bonusClaim the bonus offer and place your first real money bet.
How to Use PayPal on Sports Betting Sites?
PayPal is one of the most widely used payment methods for online betting sites. We’re going to guide you through all the steps on how to deposit and withdraw using PayPal for online betting.
Apply the following steps only if you already have a PayPal account, make sure to check out our list of sportsbooks that take PayPal.
How to Deposit with PayPal at Online Sportsbooks?
Depositing using PayPal on an online betting site is not complicated at all, just follow our depositing steps and you’ll manage. Before you try to place a deposit make sure the sportsbook takes PayPal as a deposit payment method.
Use your username and password to log into the account.
Find the cashier section which might also be called Deposit.
You’ll have a list of payment methods that the sportsbook accepts, select PayPal.
When you’ve selected PayPal you will be asked the deposit amount. Enter your PayPal details to log into your account.
You might be asked to give some details for the sportsbook to process your deposit, after which the deposit will be completed.
PayPal Payouts from Sports Betting Sites
PayPal is one of the most efficient payment methods for online sportsbooks, next to VIP Preferred and Play+. On top of that, it’s easy and convenient to use and PayPal is accepted at various betting sites.
Fees and Processing Times
When using PayPal to fund your sportsbook account you won’t be charged any fees when making deposits and withdrawals.
However, PayPal themselves might apply a small charge when using their services. This is the norm for companies that offer financial services. You can find the list of fees that PayPal might charge you on their official website.
Using PayPal on betting sites has a number of advantages to it, including transaction convenience and speed. PayPal deposits are made instantly to your sportsbook account.
PayPal withdrawals on online betting sites are also very fast when compared to other payment methods, usually advertised up to a day or two. However, keep in mind that withdrawal times differ depending on the sportsbook you’re betting with.
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How Secure is PayPal?
PayPal has one of the most robust security for their financial services, they use some of the most advanced encryptions. You could make use of their two-factor authentication security feature to log into your account for extra security. Overall, PayPal is one of the safest online payment methods you could use at an online sportsbook.
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ChargebackPayPal offer some great chargeback options for buyers, you can open a dispute in regards to a chargeback. The seller has a selected amount of days to respond before a chargeback is made to your account.
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EncryptionPayPal use SSL 128-bit encryption, this is a great way they keep your data safe and keep their services secure.
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Two-factor authenticationYou can use PayPal’s security key which is similar to a two-factor authentication, you can use this form of security when logging into your account.
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Preserving positive brand imagePayPal maintains a great brand image for their innovative services and are always working on creating more trust with their customers.
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Payment notificationsYou can receive payment notification via your phone or email, remember you need to switch on these notifications for them to start working.
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Monitored transactionsPayPal has a fraud monitoring system that checks any unusual transactions, this is done to keep their customers accounts safe.
PayPal Online Betting Bonuses
The following table includes the sportsbooks that take PayPal as a payment method according to bonuses they have to offer. For example, the sportsbook that offers the best free bet welcome bonus would be Caesars sports in our expert opinion. The welcome bonus that they offer is a great way to start your betting experience using PayPal.
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Advantages and Disadvantages of using PayPal for Betting
If you’re having trouble deciding whether PayPal is the right betting payment option for you, we’ve outlined the benefits and drawbacks below.
Using PayPal for online sports betting has the same principles as an e-wallet, you can deposit, withdraw and transfer funds to other credit cards and bank accounts.
Another great things about this payment method is its mobile friendliness. PayPal is an ideal banking option for all players who prefer to bet on mobile phones or tablets.
PayPal aside from being one of the most well-known betting payment methods in the world, you can be confident that PayPal has some of the most advanced security protections to safeguard your payments.
- Great reputation
- High withdrawal limits
- Fast withdrawals
- PayPal may incur a small charge per transaction
- Not accepted by all sportsbooks
PayPal Alternatives for Online Betting
PayPal may not be your cup of tea due to various reasons, the table below has three alternative payment methods for you to choose from to fund your sportsbook account.
All these three different payment methods have different deposit and withdrawal limits so we suggest you take a deeper look into our review of them.
Another easy and fast payment method to use at an online sportsbook would be VISA, you probably already have a VISA card available in your wallet for you to use. This payment method just like PayPal is highly accepted at almost every sportsbook in the US.
VIP Preferred and Play+ are online betting payment methods that are similar to each other since they are both available at practically all sportsbooks and offer the same fast deposits.
VISA
VIP Preferred
Play+
PayPal Company Information
PayPal has revolutionized the sports betting industry, and its importance for sportsbooks’ success is undeniable.
When you use PayPal to fund your online sportsbook account, you’ll be using a payment method that makes depositing and withdrawing 10 times faster. Remember that you won’t need to enter any payment method information but, you’ll simply use your PayPal username and password to pay and you’re done.
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History
PayPal has a long history, we’ve compiled a list of the company’s most significant achievements over the years since its founding. The name Confinity was the company’s first founding name of the company now well-known as PayPal.
Confinity is founded
PayPal was first called Confinity and it was founded in December 1998.
Email-based payment technology is created
Confinity produce an email-based payment technology.
Confinity joins Ebay
Confinity join Ebay to get a significant user-base boost, they also reach 1 million customers.
Confinity becomes PayPal
Confinity is no longer the name for this huge company but it changed to PayPal.
PayPal go public at NASDAQ
When PayPal go public the stock rises by 50%.
PayPal Mobile is created
PayPal users can now use PayPal Mobile app on their smartphone.
PayPal buy Honey for 4 Billion
The famous Honey coupon company is now owned by PayPal.
FAQs
Which betting sites accept PayPal?
There are a lot of sportsbooks that accept PayPal for both deposits and withdrawals purposes. To make your life easier we’ve come up with the top 5 sportsbooks that accept this payment method.
How do I use PayPal on an online sportsbook?
Using PayPal is quick, convenient, and easy to comprehend, for both deposits and withdrawals. If you’re looking for a complete guide on how to deposit or how to withdraw money using PayPal as your payment method then take a look at our guide.
Is PayPal secure to use on betting sites?
PayPal is one of the most well-known online payment methods not just in the US but across the world. You should rest assured that the company is reliable and they take a lot of care to keep a positive brand image. They have a lot of security features that you can opt in or out of.
Will I be charged any fees when using PayPal?
When you’re depositing or withdrawing at an online sportsbook using PayPal you won’t be charged any fees by them. PayPal however may still incur a small fee when you use their services.