It’s 2025, and you’re ready to place a bet at an online sportsbook—but you don’t have a credit card, and you’re understandably cautious about using your bank card given the constant reports of data breaches. While cryptocurrency options like bitcoin are gaining popularity, and prepaid credit cards are a fallback, sometimes you just want a safer, more convenient solution without leaving home.
That’s where PayPal comes in. As one of the most trusted digital wallets in the U.S., PayPal offers a secure and widely accepted way to fund your sportsbook account. Many leading sportsbooks now support PayPal for deposits—and in some cases, for withdrawals too. While exact numbers vary, dozens of licensed U.S. sportsbooks currently accept PayPal transactions, thanks to its strong security standards and strict regulatory compliance.
At MyTopSportsbooks, we’ll walk you through how to use PayPal for online betting, from the deposit process to cashing out your winnings. We’ll also highlight some of the top sportsbooks that accept PayPal and explain what kind of welcome bonuses, promo codes, or deposit offers you can expect when making your first deposit.
Getting Started with PayPal Betting Sites
One of the fastest and most secure ways to fund your online sportsbook, casino, or poker room account in 2025 is by using an existing PayPal account. It allows bettors to load funds instantly and start wagering without the delays associated with bank or wire transfers, which can take several days.
While many sportsbooks also support direct bank account payments, PayPal offers an added layer of protection through its secure payment portal. You can even use the PayPal app on your Android phone to fund your account and place your first bet.
Although PayPal allows you to link Visa and MasterCard, be aware that some card issuers may block gambling-related transactions—even when routed through PayPal. When opening your sportsbook account, you’ll likely need to make a minimum deposit and may be eligible for a deposit match bonus or other promotion. Whether you’re into horse racing, esports, or live betting, you’ll find plenty of sportsbooks that accept PayPal deposits.
While no bet is truly risk-free, a promo code from one of the big bookmakers can unlock valuable bonuses—like deposit matches or first-bet insurance—to get more from your bankroll.
Here are some of the sportsbook that accept PayPal as of 2025:
Sportsbook | PayPal Accepted? |
---|---|
Bovada | ✅ Yes |
BetNow | ✅ Yes |
Everygame | ✅ Yes |
Everything You Wanted to Know About PayPal Betting and Payouts
Betting Sites That Accept PayPal Sports Betting
If the site you choose is licensed in the jurisdiction you want to gamble in, PayPal will permit your deposit in your personal account for new customers. Depending on where you are has a great deal to do with PayPal permissions. Most sportsbooks aren’t licensed in the US; therefore, PayPal won’t authorize a deposit to those sites or apps.
Is Bitcoin a Permitted Purchase with PayPal?
PayPal allows users to buy and hold certain cryptocurrencies like Bitcoin and Ethereum within its platform, but you typically cannot use those assets to fund sportsbook accounts directly. Most online sportsbooks still require crypto deposits to come from external wallets. If you want to bet with crypto, you’ll need to transfer it from a dedicated crypto wallet, not from your PayPal crypto balance.
Are Fees Included With My account?
The sportsbook doesn’t charge fees for a PayPal deposit or withdrawal, but PayPal charges a fee for account usage. For every transaction you make to send funds to PayPal, there is a 2.9 percent charge. PayPal doesn’t charge a fee when making a deposit at a sportsbook or with a bookie.
What Are My PayPal Withdrawal Options?
They will issue an electronic cheque, check by mail or send funds to a debit card for a cash withdrawal at an ATM.
Which States Can I Use PayPal In?
As of 2025, PayPal is widely accepted across U.S. regulated sports betting markets, including New Jersey, Pennsylvania, Michigan, Illinois, Colorado, Arizona, Indiana, Tennessee, and West Virginia. In these states, licensed sportsbooks typically allow both deposits and withdrawals via PayPal, enabling fast and secure transactions. PayPal is also commonly available for daily fantasy sports—classified as games of skill—in most of the same jurisdictions as DFS betting expands.
Does PayPal have Security for my Protection?
Just like any other e-wallet, PayPal has a wall of security surrounding your online sportsbook deposits. Because it has a security regime all on its own, it works in conjunction with your bank to provide two-stage protection when moving funds for sports gambling.
Advantages and Disadvantages of PayPal
Advantages:
- Instant deposits.
- Credit cards and debit cards are other deposit options.
- PayPal balances can be created by receiving a transfer from many sources.
Disadvantages:
- There are fees associated with credit card deposits.
- Withdrawals come more slowly than other e-wallets.
PayPal and the US Betting Market
PayPal is available in multiple regulated markets including New Jersey, Pennsylvania, Michigan, Illinois, Colorado, Arizona, Indiana, Tennessee, Virginia, and West Virginia, among others. While offshore sportsbooks may still offer PayPal-like services, only licensed, regulated operators are approved by PayPal to accept payments from U.S.-based users. For sports bettors, this means many more states now offer safe, PayPal-funded betting options on mainstream platforms.
DraftKings and FanDuel Accept PayPal
Part of the business model at DraftKings and FanDuel is fantasy sports sites. In many states, fantasy sites like online sportsbooks and casinos are considered a game of skill, not a game of chance.
A Brief History of PayPal and Online Betting
PayPal was the first e-wallet on the Internet that permitted funds transfers between businesses and individuals. Once PayPal was established, it was only a matter of time before the gambling industry took advantage of this newfound convenience for their players. In 2002, roughly eight percent of all PayPal transactions were devoted to the sports gambling industry. Over time and through expansion, PayPal is now an international company that processes online gambling transactions worldwide.
PayPal is Involved in Online Betting
In 2009, PayPal jumped into the online gambling pool head first when they decided to do business in regulated states with licensed sportsbooks that were deemed reputable. The UK was the first country to embrace PayPal – William Hill was one of the first online sportsbooks to do so – before some in the US market boarded. Once on boards for sportsbooks, PayPal began processing payments for daily fantasy sports. Fantasy sports are designated as a game of skill by PayPal and permitted payment processing in 45 US states.