Best PayPal Betting Sites 2024 – Compare Sportsbooks That Accept PayPal

Thanks to the flexibility of cryptocurrencies, PayPal betting sites allow sports bettors to deposit and receive payouts using one of the most secure digital payment platforms in the US. Read on as we reveal the simple steps required to deposit and withdraw gambling funds using PayPal. Our experts reveal the best PayPal sportsbooks in the US and show you how you can use crypto wallets to bet with PayPal, even when it isn’t directly supported.

Best PayPal Betting Sites in 2024

Our Favorite PayPal Sportsbooks Ranked

1. BetOnline – No.1 PayPal betting site in the US
2. EveryGame – Best PayPal betting site for valuable soccer odds
3. BetNow – Use PayPal to enjoy fee-free cryptocurrency payments.
4. Bovada – Best sports betting odds for PayPal users.
5. SportsBetting – Get excellent low-margin odds for US leagues.
6. Lucky Block – Enjoy instant deposits and withdrawal speeds.
7. Jazz – Great NCAA basketball and football odds.
8. BetUS – Get very sharp odds for top US leagues.
9. MyBookie – Claim ongoing sports bonuses with low rollovers.
10. Mega Dice – Use PayPal and deposit without a KYC.
11. BUSR – Excellent international and local horse racing odds.
12. XBet – Incredibly fast live betting on desktop and mobile.

PayPal Sports Betting Sites Reviews

To make choosing a PayPal betting site that much easier, we’ve provided easy-to-digest reviews of our top five choices. You can check out what makes each platform unique and we reveal the variety of sports betting options available at each sportsbook.

1. BetOnline – No.1 PayPal Betting Site in the US

• Payout time: Within 24 hours
• Established: 2006
• License: Panama Gambling License
• Headquarters: Panama

Since 2006, BetOnline has been a market leader for sports betting in the US and the platform still rivals the local sportsbooks. The platform is well-known for providing very early lines with incredibly low margins. This has made BetOnline a very sharp betting site that the sharpest of professional bettors can enjoy.

 

PayPal options:

You can use PayPal at BetOnline by levering any of the 16 cryptocurrencies that incur no-operator transaction fees and low deposit minimums of only $20. Bitcoin deposits can be as large as $500,000 but the altcoins are limited to $100,00. Crypto withdrawals are restricted to $10,000 except Bitcoin which can receive $100,000 payouts.

2. EveryGame  – Best PayPal Betting Site for Valuable Soccer Odds

• Payout time: Within 48 hours
• Established: 1996
• License: Curacao eGaming License
• Headquarters: Antigua

EveryGame is the oldest offshore betting site that accepts PayPal in our top rankings, and there is a clear reason why this sportsbook has endured for so long. You can find valuable odds for popular sports in the US and the live betting site is incredibly fast and responsive.

PayPal options:

You can deposit using PayPal at EveryGame by taking advantage of any of the four cryptocurrencies which includes the Bitcoin fork, Lightning Bitcoin. Deposits are limited to between $25 and $2,500 except Lightning Bitcoin which is still quite low at $5 – $50. Withdrawal minimum requirements are a little high at $100.

3. BetNow – Use PayPal to Enjoy Fee-Free Cryptocurrency Payments.

• Payout time: 48 hours
• Established: 2015
• License: Curacao eGaming License
• Headquarters: Curacao

BetNow is starting to feel like an older platform now as it enters its eighth year in the US market. The sportsbook has a great reputation for offering alternative lines, especially for the bigger US leagues including MLB and the NFL.

PayPal options:

Five cryptocurrencies can be used for betting by PayPal to make instant deposits and fast withdrawals funded by PayPal. BetNow doesn’t charge any fees to use cryptocurrencies. Deposits can be for as little as $10 and the high rollers can deposit as much as $20,000 – $40,000.

4. Bovada – Best Sports Betting Odds for PayPal Users.

• Payout time: 48 hours
• Established: 2011
• License: Curacao eGaming License
• Headquarters: Curacao

Bovada has been operating in the US for over 10 years now and provides the best odds of any offshore sportsbook on our top list. US league bettors and horse racing bettors are known to find particularly valuable odds for betting on longshots. Bovada is also feature-packed such as the “#whatsyawager” which lets you suggest new markets and Bovada will try to provide lines.

PayPal options:

Bovada supports PayPal transactions by offering Bitcoin, Tether, Ethereum, Litecoin, and Bitcoin Cash payments. Additionally, you can unlock Bitcoin SV transactions too. However, Bovada has some rather restrictive limitations such as a weekly withdrawal limit of $2,500. Although, the minimum withdrawal is only $20 and Bitcoin users can enjoy a $180,500 weekly limit.

5. SportsBetting – Get excellent low-margin odds for US leagues

• Payout time: Within 24 hours
• Established: 2011
• License: Panama Gambling License
• Headquarters: Panama

Acquired by the BetOnline Group in 2012, you’ll notice a ton of similarities between the two platforms and SportsBetting is often a matter of preference when choosing between the two. SportsBetting received a redesign a few months ago which aided in improving both desktop and mobile performance.

PayPal options:

Just like BetOnline, you can use the same 16 cryptocurrencies – which include Bitcoin, Litecoin, Dogecoin, and Ethereum – to make deposits and withdrawals funded by your PayPal account. Crypto withdrawals are limited to $100,000 – $500K for Bitcoin – and the processing time is a fairly speedy 24 – 48 hours.

What to Look for in PayPal Betting Sites?

Supporting PayPal isn’t the only factor we consider when recommending sportsbooks to PayPal users. We ranked every operator in our top list by testing each platform thoroughly and comparing our findings against a range of important factors that every sportsbook should excel at.

To help you spot a great sportsbook from a mile away, we’ve provided a few of the factors we look for in a PayPal betting site.

Methods that accept PayPal

Offshore sportsbooks don’t support PayPal directly anymore. However, numerous other digital payment methods do let you use PayPal. That’s why we look for sportsbooks that accept cryptocurrency and e-wallets which let you use PayPal to deposit and withdraw. Every platform on our top list is a crypto gambling site.

Sports betting options

It’s imperative that a sportsbook excels at its purpose – betting on sports. We make sure that the sportsbooks we recommend provide a great range of markets with competitive odds across as many sports as possible. This means looking for odds with low margins, a big range of props for US leagues, and a range of betting features.

Customer support

Excellent customer service is a strong sign that an operator is safe and reputable. We rank sportsbooks based on the availability, professionalism, and range of support options provided by the operator. For example, a top-ranked sportsbook will offer 24/7 support via multiple channels that are speedy and managed by knowledgeable support agents.

Safety & security

The protection of your data, both personal and banking, is of the utmost importance so we thoroughly examine the security features and legitimacy of every sportsbook we test. To make our top list, a betting site that accepts PayPal will typically be licensed, boast up-to-date encryption certificates, and the operator will have a good reputation.

Promotional bonuses

Bonuses are one of the biggest advantages to betting online so we make sure that offshore PayPal betting sites provide a range of exciting promotional offers. The offers we look for are of a reasonable size with rollover requirements that can be cleared by casual bettors, not just professionals. It also helps if several ongoing bonuses be claimed multiple times.

Using PayPal as a Payment Method

Since that heavy legislation and increase in fees stopped the wide acceptance of betting with PayPal, users had to find another way of enjoying their favorite digital payment solution. Even though top sportsbooks don’t accept PayPal, that doesn’t mean you have to stop using it.

The workaround is to leverage an efficient payment method that is widely accepted for gambling but allows you to use PayPal too. For example, the best option is cryptocurrency. Many popular crypto exchanges like Binance and Coinbase let you buy tokens using PayPal and allow you to receive a USD payout directly to your PayPal account.

PayPal also lets you buy and sell Bitcoin, Bitcoin Cash, Ethereum, and Litecoin which are all widely accepted at offshore sports betting sites. However, you can only send and receive crypto to and from US-based accounts, therefore you’ll still need to use a separate crypto wallet or exchange to complete gambling transactions.

Pros and Cons of PayPal Sportsbooks

Like any payment method, there are both advantages and disadvantages to using PayPal betting sites. We reveal the biggest reasons you should be using PayPal for your betting transactions but also a few of the drawbacks that let the payment method down.

Is it Betting with Paypal Legal?

Another reason why you need to use a workaround to enjoy PayPal betting sites in the US, PayPal prohibits gambling transactions in jurisdictions in which gambling isn’t legal. This means PayPal doesn’t allow gambling transactions in any state that does not have a regulated market – such as betting in Texas.

Additionally, in legal jurisdictions, PayPal needs to approve the merchant and few operators bother to obtain approval. This means offshore sportsbooks choose to offer other payment options rather than get approval from PayPal.

However, it is perfectly legal to use PayPal as a deposit and withdrawal method when using a cryptocurrency exchange and cryptocurrencies are widely supported by offshore gambling sites like BetOnline and XBet.

Which States Allow Online Betting with PayPal?

US-based PayPal betting sites like DraftKings and BetMGM are allowed in every state that has legalized mobile sports betting. Currently, there are 28 states that allow online sports betting, and this includes betting in Illinois, New Jersey, and Pennsylvania. However, four regulated states including North Carolina and Kentucky haven’t launched their markets yet.

List of states that allow PayPal betting sites:

• AZ, CO, CT, IL, IN, IA, KA, LO, MD, MA, MI, MS, NH, NJ, NY, OH, OR, PA, TN, VA, WA, WV, WY

Do PayPal Betting Sites Have Processing Fees?

Offshore sportsbooks don’t accept PayPal, so there are no direct fees. However, some funding methods linked to PayPal might have fees, like Lucky Block‘s transaction fee, which is often less than 1% of the deposit. Additionally, purchasing and selling cryptocurrency via PayPal’s platform may incur fees up to 1.80%, and chosen crypto exchanges might also have fees for transactions with PayPal.

What are the Processing Times for PayPal Deposits and Withdrawals?

PayPal is rarely accepted directly on betting sites, but you can achieve fast transactions by using it to fund a crypto wallet. Here are the processing times for crypto deposits and withdrawals at our top 12 PayPal-friendly sportsbooks. Remember to factor in withdrawal claiming time, although crypto wallets also offer speedy transactions.

History of PayPal in Betting

PayPal became a popular payment method for online gambling almost immediately and in 2002, gambling transactions accounted for 8% of the company’s business. However, eBay bought PayPal later that year and the platform no longer accepted gambling transactions.

The company had every reason to stop as over the next few years as PayPal, Neteller, and Firepay were the targets of a federal investigation over gambling transactions and PayPal ended up settling for $10 million in 2003. PayPal wouldn’t accept gambling transactions again until 2009.

The platform became widely accepted at UK gambling sites which included many offshore platforms. However, as time went by, PayPal started charging fees and had to deal with legal issues in some jurisdictions such as India. Offshore gambling sites have to adapt and by 2021, PayPal had disappeared from the cashier sections of most offshore sportsbooks.

How to Sign up and Deposit at a PayPal Sportsbook

It’s incredibly easy to sign up to both PayPal and any of the top sportsbooks on our top list. You’ll need to use a crypto wallet to deposit at a sportsbook using PayPal, so we’ll also show you how easy it is to sign up to a popular crypto exchange. Read on to learn how to sign up to PayPal and Coinbase to make instant deposits at BetOnline.

Step 1: Join PayPal

Go to paypal.com by clicking “Sign Up” and completing the simple web form. Fund your PayPal account by accessing your wallet and transferring funds using an alternative method such as a debit or credit card.

Step 2: Join Coinbase

Go to coinbase.com and select “Sign Up”. Choose an Individual Account and fill in the required details to open a personal account. Verify your account by clicking the email link sent to you by Coinbase.

Step 3: Verify your ID

Complete the verification form by providing your personal details, followed up by uploading your documentation as proof. This will include government-issued ID, proof of residency, and proof of wealth.

Step 4: Add a payment method

Click “Add a Payment Method” to begin buying cryptocurrency. Choose PayPal and then log into your PayPal account to link your PayPal account to your Coinbase account.

Step 5: Buy crypto with PayPal

Choose “Buy & Sell” then navigate to your cryptocurrency of choice such as Bitcoin. Nominate an amount to buy. Review your order and click Buy Now. Your PayPal account will be charged.

Step 6: Sign up to BetOnline

Head over to betonline.ag and click “Join”. Simply enter your details in the spaces provided to register for a new account.

Step 7: Claim a Bonus

You’ll be brought to the cashier section upon your first login. Before continuing, be sure to enter your BetOnline promo code in the space provided to claim the welcome offer.

Step 8: Deposit using Crypto

Next, choose your preferred crypto method, nominate a deposit amount, and then receive the crypto wallet address of BetOnline. Head back to Coinbase and use this crypto wallet address by accessing “Send & Receive” and sending the required amount to BetOnline.

Step 9: Enjoy sports betting

The processing of this transaction is instant and you can begin betting on your favorite sports immediately.

Can I Withdraw to PayPal?

You cannot withdraw directly to your PayPal account using a sportsbooks cashier but you can receive a fast payout by using cryptocurrencies. We reveal the complete process for receiving a PayPal payout via cryptocurrency using BetOnline as our example.

Step 1: Link PayPal

Before getting started, make sure you have linked PayPal to your Coinbase account. To do this, log into Coinbase, then go to settings, click “Payment Methods”, “Link a New Account”, and then choose PayPal. Log into PayPal when prompted to link your account.

Step 2: Log into BetOnline

Log into BetOnline and navigate to the cashier section by clicking  the green “Deposit” button.

Step 3: Request a withdrawal

Select “Withdrawal”. Nominate a withdrawal amount, choose your preferred cryptocurrency, and provide your crypto wallet address.

Step 4: Access payout

Log into your crypto wallet by logging into your Coinbase account.

Step 5: Withdraw to PayPal

Click on Buy and Sell, then chose “Sell From”. Select the crypto wallet you wish to withdraw from and then chose to deposit to PayPal. You can also choose to wait for the tokens to possibly rise in value. Alternatively, you can use the “Send/Receive” button to withdraw to your PayPal account quickly.

Are Betting Sites with Paypal Safe and Secure?

Yes, the top betting sites that take PayPal on our list are safe and secure. Like most of the best PayPal casinos, they are licensed by reputable regulators, like the Curacao eGaming License, indicating their legitimacy and adherence to safe business practices. These platforms also employ robust 256-bit SSL encryption to protect your personal and banking information. You can enhance security by using cryptocurrencies for transactions and funding crypto wallets with PayPal.

Best Bonuses at PayPal Sportsbooks

Let’s have a look at the betting bonuses offered by the best paypal betting sites:

• BetOnline: 50% up to $1,000  – Promo Code: BET1000 – Min. Deposit: $55
• EveryGame: 100% up to $250 (x3) – Promo Code: 3XBOOST250 – Min. Deposit: $20
• BetNow: 2% weekly cashback – Promo Code: N/A –  Min. Deposit: $10
• Bovada: 50% up to $250 – Promo Code: N/A – Min. Deposit: $10
• SportsBetting.ag: 50% up to $1,000 – Promo Code: SB1000 – Min.  Deposit: $55

Alternative Deposit Methods to PayPal

There is a limited range of deposit options available at PayPal betting sites. However, two methods in particular are supported at all 12 of our favorite sportsbooks. Read on to see two payment options that suit those that like PayPal but are looking for something a little bit different. And if you would like to see more options, check out our guide about online betting payment methods.

Cryptocurrency

You can quickly deposit with cryptocurrencies, enjoy higher transaction limits, and typically avoid operator fees, although a small miner fee, usually less than 1% of the deposit, may apply.

Credit Cards

Credit cards are a widely accepted deposit method at PayPal betting sites, providing a convenient solution for most sports bettors. The process mirrors online purchases: enter your card details and deposit amount. This option is secure, with US-regulated card issuers offering fraud protection. Deposits are instant, though a transaction fee of 1-15.9% may apply.

FAQs

Do any betting sites accept PayPal?

Numerous US-based sports betting sites accept PayPal but those platforms are only available in 24 US states with a regulated market at this time. However, you can fund a crypto wallet using PayPal and deposit at top offshore sportsbooks with ease.

Which are the sports betting sites that use PayPal?

All 12 sportsbooks ranked on our top list accept cryptocurrency transactions that are funded using PayPal. However, you cannot use PayPal directly at any top offshore sportsbook.

Do sportsbooks charge fees for PayPal deposits?

No, since offshore sportsbooks do not directly accept PayPal deposits. However, some operators may charge a small transaction for cryptocurrency deposits that were funded using PayPal.

Does PayPal support cryptocurrencies?

Yes, not only does PayPal support cryptocurrencies, but the platform lets you buy and sell crypto tokens. However, transactions can only occur between US-based authorized contacts. This means you can deposit and withdraw funds from an offshore sportsbook using a reputable crypto exchange like Coinbase.

What is Paypal?

PayPal is a digital payment platform founded in 1998 as Confinity and has been associated with tech moguls and billionaire entrepreneurs such as Elon Musk and Peter Thiel. The company has acquired a further 28 companies and invested in a variety of payment sectors including cryptocurrencies and E-Commerce Enablers.