Last updated on: November 20th, 2023
2023 PayPal Sports Betting Sites
There are a ton of PayPal sports betting sites available in the US. These sites have become extremely popular, as sportsbooks that accept PayPal are very easy to use. The best sites available taking the method use a service called MatchPay to allow you to buy betting credits from other players. These same sites also have the option to transfer Bitcoin straight from the PayPal app for instant deposits. All of the sites/apps reviewed on this page are 100% legal and US players can use them to bet on sports with PayPal with no issues. This page breaks down how to make PayPal deposits, how to claim bonuses, and how to request payouts from your phone.
Bovada is one of the best sportsbooks taking PayPal. On top of that, they are one of the best betting sites around period. While you may not be able to deposit directly into Bovada with PayPal, you can use a service called MatchPay to get the job done. This service allows two players to transfer their betting credits. PayPal will be used for the person wanting to deposit to send money to the person that they connected with that wants to withdraw. The process is smooth and free-fee, making Bovada one of the best Payal sportsbooks in the US. Additionally, Bovada offers all players the chance to transfer Bitcoin straight from PayPal for near-instant transactions.
- Thousands Of Super Bowl Bets
- Exclusive Player Props
- Easy-to-use Interface
- Mobile Friendly
- Efficient Payouts
How PayPal Sports Betting Sites Work
If you’re trying to figure out how PayPal sports betting sites work, you have to first sign up and make an account with PayPal. Doing so will require many of the basic bits of information you use for any online service. This means putting in your basic personal information such as name and address, as well as some sort of banking information in order to fund your account. Keep in mind, you cannot use someone else’s account if you’re trying to deposit into legal sports betting sites. MatchPay matches two users, one player who is looking to deposit and one that is looking to withdraw by using a like-minded person-to-person transaction method. You can also buy Bitcoin from PayPal and transfer it to Bovada or other online sports betting sites taking crypto deposits. When it comes to payouts, the top PayPal sportsbooks offer two different ways to get your money and we have outlined them below:
- MatchPay – MatchPay allows you to connect with another player who wants to deposit. They will send you money from PayPal and your sportsbooks will transfer your betting credits to their account.
- Bitcoin – Crypto sportsbooks will send your winnings to an external Bitcoin address, with no fees involved. All you have to do is give them your PayPal wallet address and request the transfer.
How To Use PayPal At Bovada To Deposit With MatchPay
- Select “Deposit” and choose the “MatchPay” option.
- Create a “MatchPay” ID and enter that into Bovada.
- Create an order within the MatchPay account that was just created by selecting “Create Order”.
- Enter the desired deposit amount and the method. Continue to the next step by clicking “Continue”
- Once a match is found, MatchPay will alert you. The seller will respond and complete the sale of their funds to you via PayPal.
- Confirm that the seller’s funds were received by you. The MatchPay deposit is now complete.
How To Use Paypal At Bovada To Withdraw With MatchPay
- Select “Withdraw” and “MatchPay” from the listed methods.
- A MatchPay account is necessary for withdrawal so creation may be needed if you did not deposit with MatchPay.
- Log into the MatchPay account and enter the amount of Bovada credit you wish to sell and the PayPal method option.
- Select “Create” and confirm the method and amount.
- Once MatchPay finds a match, both the depositor and withdrawer are notified and they then complete the transaction.
- Confirm to the buyer that you received their funds and that they received the Bovada credit.
How To Make PayPal Sports Betting Deposits With Bitcoin
When using PayPal as a crypto exchange site, making deposits and withdrawals is simple. From the crypto page on the app, PayPal breaks down how to buy Bitcoin. Once it is in your wallet, they will give you the steps to send your BTC to an external wallet. From here, you will go to the banking page of your sportsbook. Select Bitcoin as your deposit method and copy the wallet address that is generated. You will use this address to tell PayPal where you want your funds sent. Bovada, MyBookie, BetOnline, and SportsBetting are the best sports betting sites that take Bitcoin deposits from PayPal.
PayPal Deposit and Withdrawal Limits
The deposit and withdrawal limits are different for players using MatchPay to deposit with PayPal and those utilizing Bitcoin sports betting. It is important to note, however, that Bovada is the only sportsbook that accepts PayPal deposits through both Bitcoin and MatchPay.
PayPal Deposit Limits
|Sportsbook:||Min. Deposit:||Max. Deposit:||Fee:||Processing Time:|
|Bovada||$20 MachPay/$10 BTC||$1,000 MatchPay/$5,000 BTC||0%||15 Minutes|
|BetOnline||$20 BTC||$500,000 BTC||0%||15 Minutes|
|MyBookie||$20 BTC||No Max||0%||15 Minutes|
PayPal Withdrawal Limits
|Sportsbook:||Min. Withdrawal:||Max. Withdrawal:||Processing Time:||Frequency:|
|Bovada||$20 MatchPay/$10 BTC||$1,000 MatchPay/$9.500 BTC||15 Minutes||2 Per Day|
|BetOnline||$200 BTC||$100,000 BTC||15 Minutes||2 Per Day|
|MyBookie||$25 BTC||$50,000 BTC||15 Minutes||2 Per Day|
Bonuses At PayPal Sportsbooks
When using PayPal to fund your sportsbook, there are legal sports betting bonuses up for grabs. The best PayPal betting bonuses are offered to players using the App to buy and transfer Bitcoin. For example, Bovada offers new users a 75% deposit match up to $750. For players using MatchPay to make PayPal deposits, bonuses are not as easy to claim. Feel free to grab a bonus in all states with legal sports betting.
Ways Other Than PayPal To Deposit With MatchPay At Bovada
Players can use PayPal to deposit at Bovada via MatchPay easily. But, if you’re uncomfortable with using PayPal, consider another method. Because Bovada one of the best PayPal sports betting sites, they also allow for other ways to use MatchPay at Bovada.
Sports To Bet On At PayPal Sportsbooks
PayPal sportsbooks have all types of betting options. You’ll be able to access moneyline, spreads, totals, futures, props, and other types of bets. Even more, using PayPal to bet on the Super Bowl and other major events is never an issue. Here are some sports to bet on at US sportsbooks that accept PayPal.
|NFL Betting||NBA Betting||MLB Betting|
|NHL Betting||Wager On Soccer||Tennis Betting|
|Bet On Golf||Horse Betting Odds||UFC Betting|
Using PayPal For Daily Fantasy Sports
Aside from using PayPal to bet on sports with online sportsbooks, you can also use it to make deposits and withdrawals into daily fantasy sports sites. The great thing is that all of the major DFS sites accept PayPal as payment and process them immediately. You can also withdraw right back into your PayPal accounts. This happens as quick as local sportsbooks accepting PayPal. When withdrawing, there are no fees associated with PayPal, making your banking experience even more convenient.
Ready to Wager at Bovada Sportsbook?
Customer Service At PayPal Sportsbooks
Of course, specific customer service options will depend on the PayPal sports betting site that you are using. You will most likely have the option to reach out by telephone, email, or live chat. Agents will be available to answer questions about your account, wagering options, banking inquiries, and just about any other issue that might arise. Of course, if its a concern related to your PayPal account specifically, reaching out to the company directly is also an option. Aside from the number listed below, there is also a web form in their Resolution Center.
- Telephone: 1 (888) 221-1161
The Legality Of Using PayPal Sportsbook Deposits
The legality of PayPal sports betting sites comes with a bit of an interesting story. PayPal was one of the first ewallet services to fill the needs of US sports bettors that were using online offshore sportsbooks. However, shortly after the company was bought out by eBay, PayPal was targeted by a federal investigation for processing payments to unregulated sports betting sites. They were forced to pay a fine of up to $10 million in 2002 and after that PayPal ceased handling any transactions with PayPal accepted sportsbooks. This is why Bovada uses MatchPay to be a middleman in the transaction.
Legal PayPal Sportsbooks
As with all other payment options for online sports betting sites, the list of sportsbooks accepting PayPal is constantly changing. PayPal’s growing popularity may cause this list to grow in the future. But the list of legal sportsbooks that use PayPal inside the US include:
- DraftKings Sportsbook
- Fox Bet
- Hard Rock
- SI Sportsbook
PayPal Sports Betting Sites FAQs
Do Any US Internet Sportsbooks Accept Paypal?
Yes! There are sports betting sites in New Jersey and Nevada that will accept Paypal as a method of payment. All other internet sportsbooks that accept Paypal will be offshore websites.
Does PayPal Prohibit Any Types Of Gambling?
PayPal has no restrictions when the internet sportsbook has been approved to use their services. All other sites that try and use them as a form of payment without approval are prohibited from doing so. This means that all types of gambling, sports betting included is not allowed.
At What Age Can You Use PayPal At A Sportsbook?
PayPal has no age restrictions when it comes to using their services. They fall in line with the legal gambling ages within the state you reside in. If you are using an offshore sports betting site and your state has a legal age of 18 as the internet sites do, then you only need to be 18 years of age to use Paypal as your preferred method of payment.
Can I Use Paypal For Fantasy Sports?
While PayPal is most popularly known for legal sportsbook deposits, it can also be used for fantasy sports. These fantasy sports include fantasy football, basketball, baseball, and any other sport that has offerings the major DFS sites. Any winnings from fantasy sports contests can also be distributed back through PayPal making it a safe, secure, and relatively fast payment method for fantasy football games and the like.