Online Sportsbooks that accept PayPal

PayPal is now accepted by almost every major online sportsbook in the US. We explain how it works and which online sportsbooks offer it as a payment option.

Online Sportsbooks that accept PayPal

Bet365 Sportsbook

Most Trusted
  • A global trustworthy brand
  • A huge selection of secure payment options
  • An excellent variety of sports events
  • High value odds
  • Only available in New Jersey and Colorado (so far)
Welcome Offer
up to $500 in bet credits
Claim Go to website
Website: Founded: 2000
Owner: Bet365 Group LTDHeadquarters: Stoke-on-Trent, UK

Summary

Author: Nils Edmondson Nils Edmondson

The sports betting giant has now arrived on American shores. The sportsbook which boasts over 45 million customers globally is now online in New Jersey.

The global brand is still a relative unknown in the US, but with the company's track record in other markets, we expect this is just the beginning of their US journey.

Bet365 are operational in the following states:

  • New Jersey
  • Colorado
Read full review

Unibet Sportsbook

  • Great variety of bets
  • Very safe & secure
  • Top welcome offer
  • Trustworthy brand
  • Secure payments
  • Only available in NJ, PA & IN
Welcome Offer
$500 risk-free bet & 4x$10 no deposit bonus
Claim Go to website
Website: Founded: 1997
Owner: Kindred GroupHeadquarters: Malta
Unibet_homepage
Unibet_promos
Unibet_signup

Summary

Author: Nils Edmondson Nils Edmondson

BettingScanner's Verdict: 8/10

Unibet belongs to Kindred Group - an online gambling operator based in Malta. Unibet launched its website in 1999. The Company now has offices in the UK, US, Italy, Australia as well as many others.

Unibet are operational in New Jersey, Indiana and Pennsylvania.

Read full review

PointsBet Sportsbook

  • Unique points betting
  • Top customer service
  • Great welcome bonus
  • No teaser bets
Welcome Offer
2x risk free bets worth $2,000
Claim Go to website
Website: pointsbet.comFounded: 2017
Owner: PointsbetHeadquarters: New Jersey
PointsBet Sportsbook
Pointsbet_signup
PointsBet Promos

Summary

Author: Nils Edmondson Nils Edmondson

Pointsbet is an Australian company, that launched in the US in 2019.

The sportsbook places a heavy emphasis on point spread betting, a unique form of betting where you are rewarded, or docked points, according to how wrong or right a bet was.

PointsBet is operational in:

  • New Jersey
  • Indiana
  • Iowa
  • Illinois
  • Michigan
  • Colorado
Read full review

888 Sport Sportsbook

  • Wide selection of bets
  • Very competitive odds
  • A global trusted brand
  • Many payment options
  • NJ specific promos
  • Only in NV and NJ
Welcome Offer
Risk-free bet up to $500
Claim Go to website
Website: Founded: 2008
Owner: Avi Shaked, Aaron Shaked, Shay Ben-Yitzhak, Ron Ben-YitzhakHeadquarters: Gibraltar
888Sports sign-up
Promotions
888Sport homepage

Summary

Author: Nils Edmondson Nils Edmondson

BettingScanner's Verdict: 9/10 🔥

888Sport is one of the largest betting companies in the world. It entered the US market in 2013 when it opened in Las Vegas and has since firmly established itself as one of the best online sportsbooks in the country.

888Sport is also licensed in New Jersey.

Read full review

DraftKings Sportsbook

  • Easy-to-use mobile app
  • Lots of payment options
  • Wide variety of bets
  • Misleading welcome bonus
Welcome Offer
Deposit Bonus of up to $1,000
Claim Go to website
Website: Founded: 2012
Owner: Jason RobinsHeadquarters: Boston
Draftkings online sportsbooks odds
Online Sportsbook DraftKings Signup
DraftKings Online Sportsbook Landing Page

Summary

Author: Nils Edmondson Nils Edmondson

DraftKings is the largest fantasy sports operator in the US. Since 2018, they have established themselves as one of the country's most successful online sportsbooks. According to BettingScanner's 2020 survey, DraftKings can boast the country's highest brand awareness at 44%.

Draftkings sportsbook is operational in the following states:

  • New Jersey
  • Indiana
  • Pennsylvania
  • New Hampshire
  • Iowa
  • West Virginia
  • Illinois
Read full review

FanDuel Sportsbook

  • Tried and tested brand
  • Excellent mobile betting
  • Lots of deposit options
  • Less withdrawal options
Welcome Offer
up to $500 risk-free bet
Claim Go to website
Website: Founded: 2009
Owner: Flutter Entertainment (previously Paddy Power Betfair)Headquarters: New York City
Fanduel Sportsbook
Fanduel Sportsbook Promos
Fanduel Sportsbook Desktop

Summary

Author: Nils Edmondson Nils Edmondson

The New York-based company began life as a daily fantasy sports provider but now can claim to be the country's most popular sportsbook. According to BettingScanner, it enjoys the second highest brand awareness rate in the US (41%).

Fanduel Sportsbook is operational in the following states:

  • New Jersey
  • Pennsylvania
  • West Virginia
  • Nevada
  • Indiana
  • Iowa
  • Illinois
  • Tennessee
  • Michigan
  • Colorado
  • Virginia
Read full review

BetMGM Sportsbook

  • Excellent product
  • Top-rate customer service
  • High-value odds
  • The desktop site could look better
Welcome Offer
$500 risk-free bet
Claim Go to website
Website: Founded: 1993
Owner: MGM Resorts InternationalHeadquarters: Paradise, Nevada, United States
BetMGM desktop
BetMGM mobile
BetMGM promo

Summary

Author: Nils Edmondson Nils Edmondson

PlayMGM and BetMGM are owned by MGM Resorts International. The sportsbook is branded as PlayMGM in Nevada and BetMGM in New Jersey and West Virginia.

The iconic brand's transition into the online sports betting world has been seamless. Its NJ sports betting app is one of the most highly rated in the state.

BetMGM sportsbook is operational in:

  • New Jersey
  • West Virginia
  • Nevada (PlayMGM)
Read full review

Online Sportsbooks: Deposits & Withdrawls using PayPal

PayPal is the most trusted online payment service for transferring funds to and from online sportsbooks.

Since the US Senate withdrew the ban on sports betting in 2018, there has been a complicated and protracted process of state-by-state legalization. Now, three years later there are over a dozen states that have allowed legal online sports betting.

If you are in one of these states, you should be allowed to transfer funds directly from your bank account to your online sportsbook. However, the reality is that many US banks have simply not kept up with the legislative changes sweeping the US and routinely block Visa and Mastercard transfers to online sportsbooks.

This is the reason why safe, alternative payment methods such as PayPal are so popular; by acting as the middleman they circumvent any restrictions placed on these transfers by the banks.

Pros & Cons with PayPal

Advantages with PayPal 👍

  • PayPal is safe and secure Using the online payment service adds another layer of security thanks to their encryption technology. PayPal does not share your financial information.
  • Deposits are in instant
  • PayPal payments are less restricted than Visa/Mastercard payments PayPal is trusted by both banks and sportsbooks alike.
  • PayPal is accepted by almost all major online sportsbooks

Disadvantages with PayPal 👎

  • Not all sportsbooks accept PayPal for welcome bonuses

  • PayPal charges a 2.9% deposit fee if you deposit with Visa/Mastercard

FAQS: Deposits & Withdrawls using PayPal

PayPal is arguably the most popular payment methods for depositing and withdrawing funds, but before you sign up to PayPal it is important to have done your research. Here are your most frequently asked questions on the topic.

Is PayPal safe?

Yes. PayPal is trusted by both banks and online sportsbooks, which means you can enjoy fast and seamless transactions.

They also boast world-class encryption technology which adds an extra layer of security between your bank account and your sportsbook of choice.

Most major online sportsbooks offer PayPal as a payment option including Bet365, 888Sport, FanDuel, DraftKings and PointsBet.

What online sportsbooks accept PayPal?

Most major legal online sportsbooks now accept PayPal as a payment method for depositing and withdrawing funds. They include

Bet365 The British sportsbook was one of the first to accept PayPal payments in the US thanks to its longstanding partnership with payment provider in other markets.

Unibet The European online sportsbook now accepts PayPal transfers in Pennsylvania, Indiana and New Jersey.

DraftKings The fantasy sports operator and sportsbook offers PayPal as an option in a large number of states.

FanDuel The largest online sportsbook has accepted PayPal payment since 2018.

PointsBet The Aussie sportsbook is now active in a number of states including Indiana, Illinois, New Jersey, Pennsylvania and Michigan.

888Sport The sportsbook is popular in New Jersey and has accepted PayPal payments since 2018 when it went live in the state.

Is PayPal legit?

Yes. PayPal is a secure payment service used by millions of people across the globe.

The following online sportsbooks accept PayPal as a payment provider:

How do I deposit money to a sportsbook using PayPal?

You will first need to set up a PayPal account which you can do by visiting their homepage and sign-up using your e-mail address. You can then connect your bank account to your PayPal account and make your initial deposit.

You can then log onto your sportsbook account and select PayPal as a payment option.

Can I withdraw money from a sportsbook using PayPal

Yes, almost every major online sportsbook offers PayPal as a withdrawal option.

Bet365 The British sportsbook was one of the first to accept PayPal payments in the US thanks to its longstanding partnership with payment provider in other markets.

Unibet The European online sportsbook now accepts PayPal transfers in Pennsylvania, Indiana and New Jersey.

DraftKings The fantasy sports operator and sportsbook offers PayPal as an option in a large number of states.

FanDuel The largest online sportsbook has accepted PayPal payment since 2018.

PointsBet The Aussie sportsbook is now active in a number of states including Indiana, Illinois, New Jersey, Pennsylvania and Michigan.

888Sport The sportsbook is popular in New Jersey and has accepted PayPal payments since 2018 when it went live in the state.

Can I use PayPal with NJ sportsbooks?

Yes. PayPal is legal in New Jersey and the following NJ online sportsbooks accept it as a payment method

Online Sportsbook: PayPal Deposit & Withdrawls

PayPal is the safest and most reliable payment option if you cannot complete a transfer via Mastercard or Visa.

The payment service has been the darling of the sports betting market for over twenty years and has now established itself as the go-to provider in the US sports betting industry.

The antiquated regulation surrounding the US banking system has left thousands of bettors all over the country unable to complete transfers to their sportsbook using their Visa or Mastercard. This has opened up a market for alternative payment methods; a vacancy PayPal was more than equipped to fill.

PayPal has been operational for twenty years and boasts over 300 million customers around the world. Add to this their state of the art encryption technology, and you have the perfect service for transferring funds between your bank and your sportsbook.

Depositing funds with PayPal

  • At BettingScanner we are here to help. However, when it comes to depositing with PayPal it really couldn't get much easier.
  • First, you need to click the sign-up button located in the top-right of PayPal's homepage. You will then be asked to choose a personal account or a business account. For the purposes of sports betting we recommend you chose a personal account.
PayPal_Signup
  • You must then fill in the form and provide your e-mail address and your phone number. You can then click on agree and create account.
  • You will then be presented with a screen telling you: you are in! what's next?
  • You can now connect either your bank account or your Visa/Mastercard.
  • After successfully creating your account, you will receive an e-mail asking you to confirm your address. You can click on the link in the e-mail to finalize the process.
  • You can now login to your sportsbook and select PayPal as a payment method. This process will be slightly different depending on your sportsbook.
Deposit fees associated with PayPal

The only downside with depositing funds into your sportsbook using PayPal is that you will be charged 2.9% of the total if you use your Visa/Mastercard.

This is why, if it is possible, we would recommend you link your bank directly to your PayPal account.

Other online payment services like Skrill charge you on withdrawal which can be advantageous when it comes to sports betting because this means that that you are only charged a fee if you win.

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Online Sportsbooks that accept PayPal Welcome Bonuses

  1. $500 risk-free bet & 4x$10 no deposit bonus

  2. up to $500 in bet credits

  3. Risk-free bet up to $500

  4. 2x risk free bets worth $2,000

  5. $500 risk-free bet

  6. Deposit Bonus of up to $1,000

  7. up to $500 risk-free bet

Withdrawing funds with PayPal

Every sportsbook will have a slightly different process for withdrawing funds from their account. However, once you have used your sportsbook's product a few times you should be able to easily navigate the withdrawal process. If you have selected PayPal as your preferred payment method, then your sportsbook should automatically select it for withdrawal.

The transfer of funds can take a few business days.

Once you have received your funds into your PayPal account you can then spend it using PayPal. However, if you would like to send it to your account then you should follow these steps:

  1. Go to your PayPal Wallet
  2. Click Transfer Funds
  3. Click Transfer to your bank account
  4. Follow the instructions to complete your withdrawal

Here's how to withdraw funds through your PayPal app:

  1. Tap PayPal Balance on the home screen
  2. Tap Withdraw Funds
  3. Follow the instructions to complete your withdrawal
Withdrawal times from sportsbook to your bank account

The initial transfer of funds from your online sportsbook to your Paypal can take between 1-3 business days.

If you have connected your PayPal to your bank account via your Visa or Mastercard then a transfer from your PayPal account will take an additional 1-3 business days.

If you have set up a direct transfer between your bank account and your PayPal account then your money should be in your account within 30 minutes.

Where you can bet on sports using PayPal?

There are twelve states in total where you can wager using PayPal. They include:

New Jersey PayPal is licensed by the New Jersey Department of Banking and Insurance.

    Pennsylvania PayPal is regulated by the Pennsylvania Department of Banking & Services.

    Indiana PayPal is regulated by the Indiana Department of Financial Institutions.

      Nevada PayPal is regulated in Nevada by the Nevada Financial Institutions Division.

      West Virginia PayPal is regulated in Nevada by the West Virginia Division of Financial Institutions.

        Virginia PayPal is regulated by the Virginia Bureau of Financial Institutions in the State of Virginia.

        Michigan PayPal is regulated by the Michigan Department of Insurance and Financial Services in the state of Michigan.

          Colorado PayPal is regulated by the Colorado Division of Banking in the state of Colorado.

            Tennessee PayPal is regulated by the Tennessee Department of Financial Institutions in the state of Tennessee.

            Illinois Paypal is regulated by the Illinois Department of Financial and Professional Regulation in the State of Illinois.

              Iowa PayPal is regulated by the Iowa Division of Banking in the State of Iowa.

                PayPal vs. Visa/Mastercard

                PayPal is a much more reliable and slightly safer alternative to transactions between your sportsbook and your bank via Visa or Mastercard.

                It can be a real headache trying to deposit money into your sportsbook account using your card, even when you are in a state where sports betting is completely legal and your sportsbook is fully licensed.

                This is not to say that your Visa or Mastercard will not work, but it's very likely that there will be an issue with the transaction. This is because the US banks are not always updated on the changes in legislation that have occurred since the federal ban was removed in 2018.

                You can forget about withdrawing cash via your Mastercard or Visa.

                Even if your sportsbook and bank allow the transaction - which is very unlikely - you will face huge fees.

                This is why PayPal is one of the best alternatives out there. It offers fewer transactions fees and greater availability that your Visa or MasterCard. It also adds an extra layer of security to your transaction.

                PayPal vs. Skrill

                It should be easier for you to transfer funds from your bank account to your sportsbook. using your Visa or Debit card.

                But the reality for most bettors is that this simply is not a viable option since banks often do not allow transfers to sportsbooks.

                This leaves you with the middlemen of which PayPal is considered the best.

                Skrill is another popular payment option, which provides a very similar service. Here is how they perform against each other in a number of different areas.

                Security

                PayPal and Skrill are both incredibly safe and secure. They are licensed in almost every state in the US and have an outstanding record.

                The two payment services also use state of the art encryption which means that you have an added layer of security on top of your transactions.

                Result: a draw

                Appearance

                Skrill's product is incredibly slick and easy to navigate. It is a simple design that works and inspires trust in the customer.

                PayPal's graphic profile is easily recognized. It is, like Skrill, simple but looks great.

                Result: It's a close one, but we think Skrill edges it

                Availability

                This is where PayPal comes into its own. The payment provider is simply everywhere, from New Jersey to Michigan. It is also available at almost every major online sportsbook in the country.

                Skrill is, so far, only available at four licensed online sportsbooks in the US.

                Result: PayPal wins this category outright

                Availability

                This is where PayPal comes into its own. The payment provider is simply everywhere, from New Jersey to Michigan. It is also available at almost every major online sportsbook in the country.

                Skrill is, so far, only available at four licensed online sportsbooks in the US.

                Result: PayPal wins this category outright

                Fees

                PayPal charges you 2.9% on any deposit. This is a reasonable rate, but for sports betting it can be frustrating as you may go on to lose the deposit on a bet.

                Skrill on the other hand charges you a flat $5.5 withdrawal fee. This is quite a sizable amount if you are into smaller wagers. However, at least you only pay when you've won or cut your losses.

                Result: Skrill wins. We would rather pay up when we win.

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