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PayPal Betting Sites: U.S. Sportsbooks That Accept PayPal in 2025

Joshua Howe - Covers
Written by: Joshua Howe, Content Manager Fact checked by: Brandon DuBreuil, Head of Content
Last Updated Jan 22, 2025, 10:08 AM ET
Fact Checked
Brandon DuBreuil has ensured that facts presented were obtained from reliable sources and are accurate.

If you're looking for the safest way to move your bankroll in and out of your accounts at legitimate betting sites in the U.S., PayPal may be the banking option for you. First marketed as a more secure alternative to credit cards, PayPal is now supported by the best betting sites for withdrawal and deposit options.

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Top-Rated Sportsbook
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#1
Caesars Caesars
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COVERSBONUSDYW
Sign up bonus
Bet $1, Double Winnings on Your Next 10 Bets
New customers only. Must register using eligible promo code. Place a wager of at least $1 and you'll get 10x 100% profit boosts, up to $2,500 each, win or lose. Void where prohibited. See Caesars.com/promos for full terms.
Covers BetSmart Rating:
4.6/5
Featured Sportsbook
0.0/5
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4.5/5
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4.8/5
Key Features
4.7/5
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4.6/5
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4.8/5
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4.7/5
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Last verified - July 10, 2025
Min. Deposit
$10
Apple App Store rating
4.6/5 ⭐
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4.5/5 ⭐
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4.4/5 ⭐
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COVERSBONUSDYW
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Min. Deposit
$10
Apple App Store rating
4.6/5 ⭐
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4.5/5 ⭐
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4.4/5 ⭐
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Top-Rated Sportsbook
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#2
FanDuel FanDuel
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Sign up bonus
Bet $5, Win $150
New customers only. Deposit min. $5. Place first bet of min $5 and get $150 in bonus bets if your bet wins.
Covers BetSmart Rating:
4.8/5
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4.8/5
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4.8/5
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4.6/5
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4.7/5
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4.8/5
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4.8/5
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4.6/5
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Last verified - July 10, 2025
Min. Deposit
$5
Apple App Store rating
4.8/5 ⭐
Google Play rating
4.7/5 ⭐
Betting Odds
4.5/5 ⭐
Bet Now
Last verified - July 10, 2025
Min. Deposit
$5
Apple App Store rating
4.8/5 ⭐
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4.7/5 ⭐
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4.5/5 ⭐
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Top-Rated Sportsbook
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#3
DraftKings DraftKings
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Bet $5, Get $150
New customers only. Deposit min. $5. Place first bet of min. $5 (at -500 odds or greater) and get $150 in bonus bets instantly.
Covers BetSmart Rating:
4.5/5
Featured Sportsbook
5.0/5
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4.6/5
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4.6/5
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4.8/5
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4.8/5
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4.9/5
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4.5/5
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  • DraftKings Benefits
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Last verified - July 10, 2025
Min. Deposit
$5
Apple App Store rating
4.8/5 ⭐
Google Play rating
4.6/5 ⭐
Betting Odds
4.4/5 ⭐
Bet Now
Last verified - July 10, 2025
Min. Deposit
$5
Apple App Store rating
4.8/5 ⭐
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4.6/5 ⭐
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4.4/5 ⭐
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#4
BetRivers BetRivers
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COVERSBONUS
Sign up bonus
$500 Second Chance Bet
Terms & conditions apply
Covers BetSmart Rating:
4.3/5
Featured Sportsbook
4.6/5
Bonuses & Promotions
4.4/5
Banking & Payout Speed
3.9/5
Key Features
4.6/5
User Experience
4.2/5
Security & Trust
4.7/5
Customer Support
4.2/5
Payout Speed:
Currency-dollars Within 24 hours
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  • BetRivers Benefits
  • Weekly promotions
  • Over 20 sports available
  • NFL live streaming
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Last verified - July 10, 2025
Min. Deposit
$10
Apple App Store rating
4.6/5 ⭐
Google Play rating
4/5 ⭐
Betting Odds
4/5 ⭐
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COVERSBONUS
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Last verified - July 10, 2025
Min. Deposit
$10
Apple App Store rating
4.6/5 ⭐
Google Play rating
4/5 ⭐
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4/5 ⭐
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Top-Rated Sportsbook
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#5
BetMGM BetMGM
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CVRBONUS1500
Sign up bonus
$1,500 First Bet Offer
Bonus bets expire in 7 days. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER.
Covers BetSmart Rating:
4.9/5
Featured Sportsbook
4.5/5
Bonuses & Promotions
4.4/5
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4.2/5
Key Features
4.4/5
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4.7/5
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4.6/5
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4.5/5
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Currency-dollars 2 days
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Last verified - July 10, 2025
Min. Deposit
$10
Apple App Store rating
4.8/5 ⭐
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4.4/5 ⭐
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4.3/5 ⭐
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Last verified - July 10, 2025
Min. Deposit
$10
Apple App Store rating
4.8/5 ⭐
Google Play rating
4.4/5 ⭐
Betting Odds
4.3/5 ⭐
BetMGM Bonus Review
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Top-Rated Sportsbook
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#6
Betway Betway
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Modern Platform
Covers BetSmart Rating:
4.1/5
Featured Sportsbook
0.0/5
Bonuses & Promotions
4.0/5
Banking & Payout Speed
4.0/5
Key Features
4.0/5
User Experience
4.2/5
Security & Trust
5.0/5
Customer Support
4.0/5
Payout Speed:
Currency-dollars Within 24 hours
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  • Betway Benefits
  • Modern betting platform
  • Convenient banking
  • 24/7 customer support
  • Betway Review
Last verified - July 10, 2025
Apple App Store rating
3/5 ⭐
Google Play rating
3.7/5 ⭐
Betting Odds
3.7/5 ⭐
User Experience
4.2/5 ⭐
Bet Now
Last verified - July 10, 2025
Apple App Store rating
3/5 ⭐
Google Play rating
3.7/5 ⭐
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3.7/5 ⭐
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4.2/5 ⭐
Betway Review
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Top-Rated Sportsbook
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#7
SugarHouse SugarHouse
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Sign up bonus
$500 2nd Chance Bet
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Covers BetSmart Rating:
4.4/5
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0.0/5
Bonuses & Promotions
4.5/5
Banking & Payout Speed
4.4/5
Key Features
4.6/5
User Experience
4.6/5
Security & Trust
4.7/5
Customer Support
4.0/5
Payout speed..
Currency-dollars 1-14 days
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Last verified - July 10, 2025
Betting Odds
4/5 ⭐
User Experience
4.6/5 ⭐
Key Features
4.6/5 ⭐
Bonuses & Promotions
4.5/5 ⭐
Bet Now
Last verified - July 10, 2025
Betting Odds
4/5 ⭐
User Experience
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4.6/5 ⭐
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Top-Rated Sportsbook
Top-Rated Sportsbook
#8
bet365 bet365
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COVERS
Sign up bonus
Choose: $150 Win or Lose or $1,000 Bonus
Bonus bet amounts not returned with winnings. Min. deposit required. Must register with app only. T&Cs, time limits, and exclusions apply. 21+. Gambling Problem? Call or Text 1-800-GAMBLER. Code is for marketing/tracking purposes.
Covers BetSmart Rating:
4.7/5
Featured Sportsbook
4.8/5
Bonuses & Promotions
4.7/5
Banking & Payout Speed
4.4/5
Key Features
4.4/5
User Experience
4.5/5
Security & Trust
4.4/5
Customer Support
4.4/5
Payout Speed:
Currency-dollars Within 24 hours
  • More details
  • Fewer details
  • bet365 Benefits
  • Best prices
  • Gold standard layout
  • World-class live betting
  • bet365 Review
Last verified - July 10, 2025
Min. Deposit
$10
Apple App Store rating
4.6/5 ⭐
Google Play rating
2.6/5 ⭐
Betting Odds
4.7/5 ⭐
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COVERS
Bet Now
Last verified - July 10, 2025
Min. Deposit
$10
Apple App Store rating
4.6/5 ⭐
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2.6/5 ⭐
Betting Odds
4.7/5 ⭐
bet365 Review
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    Table of contents
    • Best PayPal sites
    • What to look for in a PayPal betting site
    • The pros and cons of betting with PayPal
    • Latest U.S. betting news
    • How PayPal keeps your funds secure
    • How to create a PayPal account
    • How to start betting with PayPal
    • More payment and betting resources
    • PayPal betting sites FAQs
    • Pages related to this topic

    What to look for in a PayPal betting site

    PayPal may account for a staggering 22% of all online transactions in the U.S. (Statista, 2020), but not all PayPal betting sites are created equally. The best U.S. betting sites offer bettors favorable odds, lucrative bonuses and promotions, safe and convenient banking, and industry-leading customer support.

    Bonuses and promotions icon Bonuses and promotions

    Some PayPal betting sites greet new sports bettors with enticing welcome bonuses. Risk-free bets and deposit matches are the most common sign-up sportsbook promos in the U.S., while some newly regulated operators may activate pre-registration offers to generate excitement leading up to their go-live dates.

    Odds icon Competitive odds

    The top PayPal betting sites know that they need to offer competitive odds in order to stick around. Savvy sports bettors will jump from sportsbook to sportsbook after taking advantage of welcome offers, so expect bookies with staying power to provide you with reasonable betting lines. 

    Wallet icon PayPal deposit and withdrawal limits

    Most online sports betting sites that accept PayPal set deposit limits of $5-$10, while you should expect withdrawal limits to be a shade higher.

    If your preference is to withdraw funds via PayPal, read your sportsbook's banking terms and conditions. If you plan to deposit cash using another deposit method, you may be restricted to the same type of withdrawal.

    Fast markets icon Payout speed

    Sports bettors who need lightning-quick withdrawal speeds should take note that not every sports betting site processes this type of transaction at the same rate. Some operators in your state may allow you to instantly draw funds from your account, while others will take a few banking days.

    Regardless of the speed at which your withdrawals are processed, PayPal takes extra caution to verify your account and ensure your winnings make their way to you safely.

    Sports icon Bet types and sports available

    Depending on your preferred type of wager, you may have to take a deeper dive into the betting markets of each PayPal betting site in your region.

    Some PayPal sites touch on major sports only, while others may offer a vast collection of live betting options, futures betting, and player props. Check out all that's available before settling on a sportsbook. 

    Security icon Security

    When it comes to banking and security, all legal and regulated online sports betting sites in the U.S. are subject to stringent testing to ensure your personal information is locked away safely. Still, there's something to be said about the added layer of protection that PayPal provides through its use of end-to-end encryption and security keys.

    Customer support icon Customer support

    An online sports betting site needs to make it easy for users to contact its customer support team. This means providing bettors with multiple ways to reach out and being quick to respond to urgent customer inquiries. 

    If an online sportsbook features a live chat option, test it out at different times during the day before signing up. If customer service agents respond promptly, this could be a good indication you'll be in good hands as a customer.

    The pros and cons of betting with PayPal

    When you use PayPal to bet on sports, you'll never be asked to share your personal banking information with a sports betting site. 

    And while PayPal charges a 2.9% fee — plus a fixed fee of $0.30 USD — when you use a credit card or debit card to top up your account balance, all transactions involving your existing balance are free when betting online.

    Covers hit icon
    Free and speedy sportsbook deposits and withdrawals  
    Covers hit icon
    No need to share personal banking information with sportsbook
    Covers hit icon
    A way to get around banking restrictions
    Covers miss iconFees when adding funds to PayPal account with credit card or debit card

    Latest U.S. betting news

    How PayPal keeps your funds secure

    PayPal's reputation precedes itself. Viewed as one the most secure ways to complete transactions online, many sports bettors choose the e-wallet as a safe and easy way to fund a sports betting account.

    PayPal uses end-to-end encryption, security keys, and email confirmation to make certain your banking transactions are completed with the utmost security in mind.

    End-to-end encryption

    Consider end-to-end encryption the data equivalent of a complex set of signs given by a third base coach — only exponentially more elaborate. This is the industry-standard approach to protecting the communication of sensitive data online.

    Public keys, stored on servers, encrypt your personal information. Sports betting sites then use private keys stored locally to decrypt your sensitive data. End-to-end encryption ensures that hackers will swing and miss on any attempt to intercept this information. 

    Security keys

    U.S. sports bettors seeking an additional layer of protection can opt in to receive a one-time-use security key. This unique pin can be used for every new PayPal session, along with your password, to sign in to your account.

    Email confirmation

    PayPal will send you an email anytime you make a payment or add cash to your account. If you don't recognize a transaction, contact PayPal support to investigate the matter immediately.

    How to create a PayPal account

    If you're new to PayPal, follow this step-by-step guide to open and fund a personal account.

    Sign up for PayPal

    • Download the PayPal app in the App Store or Google Play store or visit PayPal.com.
    • Tap or click "Sign up." 
    • Tap or click "Personal" to open a personal PayPal account.
    • Choose your country and add your phone number and other personal information.
    • Use your email address to verify your account.

    Add funds to your PayPal account

    • Link your credit card, debit card, or bank account to your PayPal account (Note: you may only link one card to an account at a time).
    • Tap or click "Transfer money" under your account balance.
    • Tap or click "Add money to your balance."
    • Specify the total amount you'd like to place in your PayPal account and confirm the transaction.

    How to start betting with PayPal

    Now that your PayPal account is up and running, you can deposit funds directly into a sportsbook account and place your first bet.

    1

    Select a sportsbook

    Choose the sports betting app that best suits your needs. Consider betting odds, promotions, banking options, customer support availability, and more. 

    2

    Register online

    Most PayPal betting sites in legal states allow sports bettors to complete the registration process anywhere within state lines. Prepare your personal and banking information ahead of time for the smoothest sign-up experience.

    3

    Claim a bonus

    PayPal sportsbooks offer new users welcome bonuses like risk-free bets, deposit matches, and free credits. Remember to opt in or enter the correct promo code if necessary. 

    4

    Deposit funds

    Go to your sports betting app's cashier section and select the PayPal option to fund your account. After specifying how much you'd like to deposit, sign in to PayPal when prompted and confirm your instant deposit.

    5

    Start betting

    Now that you've safely transferred funds from PayPal to your betting account, it's time to start betting. Browse the markets, select your pick(s), and confirm your wagers.

    6

    Withdraw winnings

    You can access your bankroll at any time via PayPal. Payout speeds vary from sportsbook to sportsbook, but you should receive your cash in a day or two.

    More payment and betting resources

    If PayPal isn't your preferred banking option, there are plenty of other ways to add and remove funds from your sports betting account. U.S. bettors can also turn to Visa, Mastercard, Amex, other e-wallets, and many more popular payment methods. Crypto betting sites may also soon arrive in the U.S.

    Check out the following guides for additional payment and betting resources:

    Best Mastercard betting sites
    Find out where you can start betting with Mastercard.
    Mastercard Betting Sites
    Best Amex betting sites
    Check out Covers' guide to betting with American Express.
    Amex Betting Sites
    Best Visa betting sites
    Learn about betting with Visa and why it is among the most popular sportsbook banking methods.
    Visa Betting Sites

    PayPal betting sites FAQs

    Yes, many U.S. sports betting sites accept PayPal deposits and withdrawals.

    While PayPal isn’t universally accepted by U.S. licensed sportsbooks, many of the top operators support PayPal deposits and withdrawals. FanDuel, DraftKings, BetMGM, Caesars Sportsbook, and PointsBet are among the betting sites that process PayPal transactions.

    Yes, you may use your PayPal account to deposit and withdrawal funds at FanDuel.

    Follow the steps in this guide to start betting with PayPal. Depositing funds using PayPal takes only a few moments.

    Yes, if you use PayPal to make a deposit, you’ll also be able to withdraw funds back to your PayPal account.

    Absolutely. PayPal uses end-to-end encryption to thwart even the most skilled hackers’ attempts at accessing your personal information. PayPal offers sports bettors an incredibly safe and secure method to deposit and withdrawal from online sportsbook accounts.

    Pages related to this topic

    Best Sports Betting Sites Canada
    Best Betting Sites US
    Alberta Sports Betting
    States With Legal Sports Betting
    Best Mobile Sports Betting App
    Deposit and Withdrawal Methods
    Best Visa Betting Sites
    Best Mastercard Betting Sites
    Best American Express Betting Sites
    Crypto Betting Sites
    Joshua Howe - Covers
    Joshua Howe
    Content Manager

    Joshua Howe is a content manager at Covers, helping make smarter sports bettors since 2021. The experienced writer and editor has reviewed over 25 sportsbooks and has been placing his own wagers for four years and counting. He prefers FanDuel for its sleek app design and variety of NBA markets.

    Table of contents
    • Best PayPal sites
    • What to look for in a PayPal betting site
    • The pros and cons of betting with PayPal
    • Latest U.S. betting news
    • How PayPal keeps your funds secure
    • How to create a PayPal account
    • How to start betting with PayPal
    • More payment and betting resources
    • PayPal betting sites FAQs
    • Pages related to this topic
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