Our Picks for the Best PayPal Betting Sites

The Best PayPal Bookmakers

A good thing when it comes to choosing the best PayPal bookies is that it’s the most widespread digital wallet available on hundreds of sites. On a side note, not all of them are safe and legit, so you’ll need to do some due diligence before joining one. For instance, our team uses a specific rating method, which led us to worthy PayPal sportsbooks like Ladbrokes, Sky Bet, Bet Regal, Coral, and Paddy Power. These platforms have the best odds and sports betting options, allow you to bet on Esports, and have excellent customer support services.

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Claim a Bonus When You Make a Deposit With PayPal

Most PayPal bookies come with a joining bonus of some sort, often including deposit match rates and free bets.

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How to Use PayPal for Online Betting

PayPal bookies let their punters use PayPal to both deposit cash and withdraw winnings. If you wish to use the digital wallet, you just need to have an active account and fund it via your bank account or a credit card. Deposits usually take from just a few minutes to a few hours, while withdrawals could take up to a few business days, especially if you’re using e-checking to clear the transfer back to your PayPal-associated bank account.

Top Paypal Betting Sites Comparison Table

What Is PayPal?

PayPal is somewhat similar to other digital wallets, only it rather acts as the bridge between your credit cards or bank accounts and the receiving bookmaker. Of course, you can also hold your funds within the PayPal wallet for future usage, but it’s also possible to transfer your bank account’s balance directly to the online bookie with it.

It requires you to sign up for an account, and you can also download the official app of the service for even more convenience.

The History of PayPal

PayPal was founded in 1998 by Peter Thiel, Max Levchin, and Luke Nosek. What was initially imagined as a security software named Confinity quickly turned into one of the biggest digital merchant solutions out there. The digital wallet officially launched in 1999, and even Elon Musk had a short stint with it.

As one of the first e-wallets in the world, it quickly drew the attention of online shops and bookies that signed up as PayPal’s partners. The company has a user-friendly policy and is known for picking only reputable betting sites and businesses. In 2002, online gambling accounted for around 8% of PayPal’s entire business value. Of course, it was looking to expand on that number, expanding into territories outside North America.

Now available in more than 100 countries, it is one of the safest, most secure payment methods at online sports betting sites. It’s a preferred payment option for many, with bettors citing unbeatable security and fast deposits and withdrawals as the main reasons they choose PayPal.

eBay Purchases PayPal

PayPal went through a public IPO in 2002. It was acquired by eBay for $1.5 billion later that year. After more than a decade of business, eBay spun it off to its shareholders, and PayPal became an independent company once again. In 2022, the company ranked 143rd on the Fortune 500 list, ranking the biggest US corporations by value. During its time with eBay, PayPal became the biggest payment service provider for online transactions. After going independent again, it has branched out to new industries, including a more widespread approach to online sports betting. It’s now among the top wallets for online betting, which accounts for a solid part of its annual revenue.

PayPal Returns to Online Betting

PayPal was not that interested in online sports betting until 2009. The growing industry caught its shareholders’ eyes, and the company decided to return to the online sports betting business. It was a tough time considering the implications of the PASPA Act, which greatly limited online betting in the US.

The company only partnered with bookmakers in legal jurisdictions, focusing on the UK at the time. The first company in Europe to accept PayPal transactions was Betfair, a betting exchange that took a different approach to wager than US sportsbooks. It gave PayPal a way into an entirely different (yet legit) market.

As soon as Betfair announced it as a new accepted payment method, the industry was on notice. It didn’t take long before William Hill and Ladbrokes joined the party. Once the PASPA Act was lifted in 2018, it re-entered the US market in New Jersey.

Quick Paypal Tip

If you’re looking for an E-wallet for deposits and withdrawals at US betting sites, PayPal is an excellent choice. It mainly focuses on the US market and offers safe and fast transactions at online bookies. It’s one of the world’s leading E-wallets, and being careful about its partners means the biggest betting operators only accept it.

Making a Deposit With PayPal

Depositing on an online betting platform with PayPal is pretty straightforward. While each operator has different procedures surrounding the deposit process, you’ll find these steps useful for most of them:

1. Create a PayPal account.
2. Connect your bank account or credit card to fund it.
3. Visit a bookie you wish to join and register.
4. Go to the “Cashier” or “Banking” section and choose PayPal as a preferred payment option.
5. Enter your deposit amount.
6. A secure PayPal window will appear. Use the app and your secret code to confirm the payment.

Making a Withdrawal With PayPal

Your account details will probably be saved if you have already made a deposit using PayPal. If they have been saved, you can just click on the “Withdraw” tab, select PayPal, and enter the amount you wish to withdraw from your account.

PayPal Fees

In most cases, you will not be charged any fees for using PayPal at an online sportsbook. However, depending on where the bookie is registered and which currency you’re using in your PayPal account, you might need to pay some conversion fees.

For instance, conversion fees in the Americas are 4.5%, while Malaysian punters will only need to pay a 2.5% fee. It all depends on your country of residence and where you wish to wager, and you can check the platform’s official fees rulebook on the main website.

Countries That Accept PayPal for Sports Gambling

PayPal is available in over 200 countries or regions, so the likelihood is that your state accepts the digital wallet for online betting. The UK, the USA, and Australia are some of the countries that use PayPal the most for online wagering.

Canada

New Zealand

Brazil

Peru

Chile

Finland

Norway

Paraguay

Japan

Which States Allow Sports Betting With PayPal

Dozens of US states have legalized sports betting online since the PASPA Act was overturned. For those unaware, this act effectively prevented sports wagering on a federal level, and it took almost 2 decades before it was overturned in 2018. Every state in the US has distinctive rules and regulations, as well as a local regulatory body. For instance, online staking in New Jersey operates under the keen eye of the Division of Gaming Enforcement (DGE), which issues state betting licenses to bookmakers. As of 2025, a total of 38 states, including the District of Columbia, feature legal bookies. So, these are the only restricted states where you won’t be able to fund your wagering account using PayPal:

• Alabama
• Alaska
• California
• Georgia
• Hawaii
• Idaho
• Minnesota
• Oklahoma
• South Carolina
• Texas 
• Utah

It’s also worth stating that some states like North Dakota and Washington also restrict online betting except for a few locally-run bookies. On a side note, 2025 might be a time of change for Oklahoma, Hawaii, and South Carolina, as the online wagering legislation bills might get the subject of legislative talks.

Accepted Currencies on PayPal

PayPal accepts 25 different currencies, covering countries across the globe. Some of the most popular currencies accepted at PayPal include the Australian dollar (AUD), the British Pound (GBP), the Euro (EUR), and the American Dollar (USD).

As mentioned, visiting an offshore betting site would lead to some currency exchange fees. Overall, the most widely used currencies for online punting via the wallet are GBP, USD, and EUR.

Using PayPal on Mobile Betting Apps

Online betting has never been easier, and it’s largely due to mobile gaming apps and platforms that widely accept PayPal. Add to that the user convenience of the dedicated PayPal app, and you’ve got a winning combination. It’s possible to manage your betting deposits and withdrawals with just a few taps on your mobile device’s screen.

These betting apps where you can cash out are dedicated mobile betting platforms that bring about some unique wagering features. For instance, you can use them for placing in-play bets or for following up on live streams and stats.

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PayPal Betting Apps Comparison

Staying Safe When Using PayPal to Bet Online

It is of paramount importance that you remain safe at all times when betting online using the PayPal platform. The wallet solution already covers a great deal of your online wagering security with data encryption and advanced safety protocols like TLS and HTTPS when facilitating payments.

Maintaining Your Privacy

When it comes to your online safety, privacy is key. Your personal information should never be put at risk. When you use PayPal for online betting, the company will keep your personal and banking information safe.

They achieve this by using modern software that protects online data against cyber threats. Transport layer security and firewalls are used to stop hackers from stealing your private information.

Alternatives to PayPal

While PayPal is a straightforward and convenient payment method, it may not be available to every single bookie. If you run into one that lacks this payment option, we’ll show you some of the best alternatives.

You should also consider the recent innovations since there are many crypto and Bitcoin betting sites for even faster payments or even voucher-based Boku bookmakers for even higher masking of your personal info.

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PayPal vs Play+ Prepaid Card

Prepaid cards are getting increasingly popular since you can buy and use them anonymously. Think of them as gift vouchers you can redeem at online sports betting sites. They have much more restricted limits than PayPal and can’t be used to withdraw. The Play+ prepaid card can be funded with credit/debit cards, too, but it doesn’t beat the reach or benefits of PayPal. On the positive side, you can withdraw money if you’ve applied and got your Play+ prepaid physical card.

PayPal vs ACH/eCheck

EChecks are vastly different from PayPal since they make a direct way of moving money from your bank account. However, they are rarely accepted at online bookies, except in Canada where they are the most prominent. While eChecks have bank-level security, PayPal comes close and is much easier to use. We can safely say that eChecks are no match for a digital wallet like this one due to their longer transaction pending periods and limited availability.

PayPal vs PayNearMe

If you prefer to pay old-school with cash but want to enjoy the benefits of online bookies, PayNearMe is the best choice. It allows you to visit your local CVS, Family Dollar, or 7-Eleven and deposit into your betting account.

While it’s a decent alternative to PayPal, it could take a while before the deposit is processed. Still, we think the e-wallet is advantageous and can be used anytime and anywhere, especially since it can also be used for withdrawals, unlike PayNearMe.

PayPal vs Bank/Wire Transfer

Bank transfers are outdated in 2025 and PayPal is precisely one of the reasons why. Unlike exposing your banking details to a bookmaker operator and having to wait up to 5 business days for transactions, PayPal brings much higher privacy and banking info protection.

Plus, it’s a much better option in terms of processing fees and using convenience overall. On a side note, they are accepted on nearly every single sportsbook, which may not be the case with PayPal.

PayPal vs Credit cards

If you want bank-level security and solid limits, Visa and MasterCard credit card deposits are the way to go. Some banks will also give you cashback or reward points on purchases, which isn’t the case with PayPal. On the other hand, our betting experts can honestly say that credit cards are still not as widespread at online sportsbooks in the USA as PayPal is. Some are tiny, but others may go as high as 30%, depending on the payment service provider. Plus, since you’re using cash in advance, there might be fees involved in each deposit.

PayPal vs Debit cards

Debit cards allow you to use your checking account to make sports betting deposits. Unlike credit cards, you’re not using cash in advance, so fees are non-existent. Of course, deposit times with debit cards are instant. The only disadvantage compared to PayPal is the small number of betting sites in the USA that accept debit card deposits. You’re more likely to find a bookie with PayPal than one that accepts Visa and MasterCard debit cards.

PayPal vs Cash at Casino Cage

Some PayPal bookmakers will accept cash deposited in person since many online sportsbooks in the USA have a land-based partner that allows them to operate legally. In that case, you can deposit the money via Cash at Casino Cage, in person and on-site. These deposits are instant and have a major advantage over PayPal – they allow for huge deposits that can go as high as $100,000 per day. On the other hand, you’ll still share personal details that way, not to mention that carrying around that kind of money isn’t always a great idea. Most bettors will choose PayPal.

PayPal vs Skrill

Skrill is one of the most popular payment methods at betting sites in the USA. It’s a direct competitor to PayPal, sharing many similarities. They mostly offer the same service to American bettors and can be funded in various ways. While Skrill has lower fees, coming in at a fixed 2.99%, PayPal is still more widely available among US sportsbooks.

PayPal vs Neteller

Neteller is part of the same payment network as Skrill, with the few differences being the fees, which are higher than PayPal’s. There are many US bookies that accept Skrill and Neteller as the biggest alternatives to the e-wallet we’re reviewing today, but they are still no match for PayPal’s widespread use, although they are slowly getting there.

PayPal vs Apple Pay

Apple Pay is a solid alternative to PayPal, but you should note that Apple Pay bookies have less convenient limits, and some only allow you to use the method for deposits. Plus, they can only be used on Apple devices like your iPhone, iPad, Mac, or Apple Watch, but the deposit process is a bit quicker than that of PayPal.

PayPal vs Venmo

Venmo is a PayPal-owned mobile app that enables sending and receiving funds. It’s commonly used to split the bill at restaurants between friends, but it can also be used for online sports betting. It allows easy transactions at betting sites, but its limits are way lower than those of PayPal. Plus, Venmo is only available in the US, so it isn’t as widely used for online betting transactions as PayPal.

New Bookmakers That Accept PayPal

If you are looking for a newer online betting experience, we’ll give you a few worthy picks of PayPal bookies established in 2025. The main problem with recent bookmakers is that they haven’t been around for long enough to be assessed by bettors.

That’s where our BetZillion team jumps in with firsthand recommendations of platforms like Mr. Play Sport, Bet Regal, 10Bet, and RubyBet, all of which we’ve previously tested. Of course, they also feature PayPal deposits and withdrawals.

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Is Betting With PayPal Worth It?

Many people use PayPal for their online betting due to its simplicity and convenience. The fact it’s available in over 200 countries and on hundreds of bookies internationally also helps punters decide on whether to use it. If you already have a PayPal account, linking it to a betting site is incredibly simple and makes the whole online betting experience more streamlined.

Even if you don’t, it’s simply worth it for the peace of mind it guarantees with secure protocols and instant payment processing with low fees, allowing you to focus on placing your bets only.

An Overview of Using PayPal for Online Betting

Overall, PayPal is an excellent payment option for everyone’s online betting needs. It’s fast, safe, and very convenient in terms of the number of bookies, allowing it for deposits and withdrawals.

The platform also includes a responsive customer support team and other useful features like the Android and iOS app and secure codes for approving payments. So, if you’re in need of the best online payment method overall, head to PayPal today, set up an account, and check out our recommended sportsbooks to put it to good use.