PayPal sports betting sites are pretty popular around the world, but not so much in the United States. Although the e-wallet service is a fast and secure way of making payments online (and due to that fact, and is probably the most famous e-wallet of all-time) not all US sportsbooks offer it as a banking option. Still, hundreds of PayPal transactions are completed daily, with some of those being to online sportsbooks aimed at US gamblers. This has led to PayPal becoming a trusted banking option among avid sports bettors.
If you would like to learn more about betting sites that take PayPal in the USA, make sure to keep reading our guide. Below we have a look at all you need to know about PayPal bookies. This includes their advantages and disadvantages, along with some frequently asked questions about the service. So, read on and find PayPal sports betting sites that fit your needs today.
Top Online Sports Betting Sites That Accept PayPal
These are the best PayPal betting sites currently available to US gamblers. Make sure to have a good look at all the wonderful wagering options available to you:
What You’ll Find In Our PayPal Guide
PayPal is very selective about which sports bookmakers use their service. This is the result of the company wanting to maintain its world-renowned reputation for quality service. PayPal doesn’t want to become associated with dodgy bookies. So, if you find gambling websites that accept PayPal as a banking option, consider this a mark of quality and security.
There are a number of online betting PayPal sites available in New Jersey:
- DraftKings Sportsbook: get a $25 free no deposit bonus.
- BetStars: get up to $500 in free bets.
- FanDuel Sportsbook: get $500 risk-free bet.
Furthermore, there are a number of daily fantasy sports (DFS) sites that accept PayPal:
- DraftKings: get $20 free play on your first deposit.
- FantasyDraft: get free entry and a $4 entry ticket.
- FanDuel: get up to $5 free play on your first deposit.
In future, if you find betting sites with PayPal deposit, know that they are some of the biggest companies in the sports betting industry. As a result, you’ll have the best online sports betting experience there is.
To make a properly informed decision when it comes to online gambling, and online sports betting in particular, it’s good to know what you’re getting yourself into. As with any banking option online, there are pros and cons to it. Let’s take a look at what these are for betting websites that use PayPal.
Advantages of PayPal Betting Sites
- Instant deposits
- Can use your credit card, debit card, and electronic bank transfers as a deposit option.
- Also, your PayPal account can be funded from other accounts like your family/friends and business.
- Can use it on other online platforms like shopping.
Disadvantages of Online Betting Sites That Take PayPal
- Additional deposit fees associated with credit card deposits.
- Withdrawals are slower than other e-wallet options.
Check out our other popular banking guides:
Which online bookmakers accept PayPal?
There are loads of sports betting sites that use PayPal. Unfortunately though, not all that many of them are available to US bettors.
Are there any fees that I will have to pay when using betting sites that use PayPal USA?
No, none are directly related to depositing with PayPal to your online betting site account. There also aren’t any fees for using your existing PayPal balance or electronic funds transfer. However, PayPal charges a 2.9% to deposit using a credit card or debit card into your PayPal account.
How do I withdraw from PayPal?
Withdrawal option for PayPal include electronic check and check by mail. For those who like convenience, PayPal now has its own debit card that can be used at any retailer accepting credit cards. Furthermore, you can use it at ATMs to withdraw cash.
Is it safe to use gambling sites that use PayPal?
Yes, PayPal is very safe. It’s just as safe as most ewallet banking options. Actually, it’s even safer than directly using your bank account at online betting sites. What it does is give you an extra layer of security between the betting site and your personal financial information.
Why can’t US players deposit at a betting site using PayPal?
Because PayPal is so stringent with which sites uses their services, they only allow gambling transactions where gambling is licensed. This is why you’ll only find the best online sportsbook PayPal sites in Europe, and states like Nevada and New Jersey where sports betting is permitted.
Why does PayPal operate on FanDuel and DraftKings?
These are daily fantasy sports (DFS) sites, which isn’t considered gambling under most state laws. Alternatively, DFS is considered a game of skill. Therefore, PayPal’s legal opinion is that payments for DraftKings and FanDuel are legal in all jurisdictions.