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Sports Betting with PayPal
Written by: Daniel Collins
Last Updated:
Read Time: 7 minutes
PayPal is one of the most popular options for making a payment online, as it is used by millions of people every single day.
You probably have a Pay Pal account and use it either to make payments or send money to a friend or coworker.
PayPal is integrated as a payment option for many websites, so you can simply select the option ‘Pay with PayPal’ and it directs you to the Pay Pal page and poof, your done.
Luckily for you, PayPal is now an available option for the every day sports bettor as a deposit and withdrawal method!
On this page you will see the list of some of the Regulated Sportsbooks that offer PayPal as a payment option and give you a step-by-step rundown of how to use it on a Sportsbook to make your betting life just that much easier.
What Sportsbooks Offer Paypal?
Here is a list of the Major Regulated Sportsbooks that offer Paypal as a deposit and Withdrawal option.
Additional Sportsbooks:
- DraftKings
- Points Bet
- Fox Bet
- William Hill
How to Deposit with PayPal on BetOnline
Before you start this process with any of sportsbook, you have to make sure you have a Pay Pal account.
After you have set up your PayPal account, you need to sync your bank to your Pay Pal for easy deposit and withdrawal.
To Deposit:
- Log in to BetOnline
- Select “Add Funds”
- Press PayPal as your deposit method
- Insert the amount you want to Deposit
- Select “Deposit”
- Complete the transaction via the PayPal portal
- Your funds will be available instantly on BetOnline!
It really is that straightforward.
To Withdraw:
- Click on the same button you used to deposit on the BetOnline homepage
- Select the withdrawal option
- Choose the amount you want to take out
- Select PayPal as the Withdrawal option
It is important to mention that to use PayPal as a withdrawal option on BetOnline, you must have deposited with PayPal originally.
And there you have it!
It is a quick and easy method to Deposit and Withdraw on BetOnline using PayPal.
How to Deposit with PayPal on Bet MGM
Before you start this process with any of sportsbook, you have to make sure you have a Pay Pal account.
After you have set up your PayPal account, you need to sync your bank to your Pay Pal for easy deposit and withdrawal.
Deposit:
- Log in to your BetMGM account
- Select the “Cashier” tab
- Click “Deposit” and search for the PayPal button
- Decide on an amount to deposit
- Finish the transaction via PayPal.
Withdraw:
- Select ‘Account’
- Click the ‘Withdraw’ button
- Select ‘Paypal’
- Complete the transaction on PayPal
An added bonus about Bet MGM, in comparison to BetOnline, is you can withdraw from BetMGM via PayPal even if you did not deposit via PayPal.
This gives you much more flexibility and use for Paypal on Bet MGM in comparison to BetOnline!
How to Deposit with PayPal on Bovada
Before you start this process with any of sportsbook, you have to make sure you have a Pay Pal account.
After you have set up your PayPal account, you need to sync your bank to your Pay Pal for easy deposit and withdrawal.
How to Deposit:
- Log in on to your Bovada Sportsbook account
- Select the “My Account” button on the homepage
- Click “Deposit”
- Select PayPal as your payment option
- Enter the amount you want to deposit and click “Continue”
You will then be directed to the PayPal portal where you complete the rest of the payment process and you are good to go!
IMPORTANT
You must have linked your Bank Account to your Pay Pal account to deposit on Bovada. You cannot pay with a debit or credit card!
How to Withdraw:
- Click on “My Account”
- Select “Cashier”
- Enter the amount you want to withdraw
- Click “Continue”
Unlike Bet MGM, you must have completed a PayPal deposit to withdraw the funds to the same Pay Pal account.
How to Deposit with PayPal on BetUS
Before you start this process with any of sportsbook, you have to make sure you have a Pay Pal account.
After you have set up your PayPal account, you need to sync your bank to your Pay Pal for easy deposit and withdrawal.
How to Deposit:
- Login to BetUS
- Find the “Deposit” menu on the home screen
- Select ‘PayPal’ as the Deposit option
- Confirm the transaction on PayPal
How to Withdraw:
- Select ‘Withdraw’
- Click Pay Pal as the desired Withdraw option
- Complete to process via PayPal
Why Use Pay Pal vs. Other Deposit Methods?
PayPal is one of the most popular internet currency exchanges and is incredibly easy to use.
You can be certain that you won’t have any security issues while using PayPal on sports betting sites.
That in addition to it’s incredible levels of security, PayPal has become one of the most effective methods for depositing and withdrawing on all the Regulated Sports Books in the US.
For full details on where your information goes while using PayPal, check out their privacy statement.
All in all, this is all about ease of use and safety. We want your betting experience to be as hassle-free as possible and using PayPal makes it about as easy as it gets!
We hope this article was helpful to you! If you have more questions, please don’t hesitate to get in touch with us on Twitter and one of our sports betting pros will get back to you!
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