PayPal is a virtual wallet that provides a secure way for you to move money to and from your sportsbook account.
After eBay acquired PayPal in 2002, it became the world’s most popular electronic-wallet system. PayPal was the first of e-wallet to work with online gambling sites; however, it had to temporarily pull out of the US in 2006.
With the regulation of online betting in Pennsylvania and other states, PayPal is back, offering sports bettors a secure way to deposit and withdraw from online sportsbooks and casinos.
This page covers Pennsylvania sportsbooks accepting PayPal deposits and withdrawals. Here, you’ll find practical information on how to use PayPal for betting site payments.
Also, you’ll find the pros and cons of PayPal (compared to other deposit options), and an overview of what to expect from the new online sportsbooks that welcome PayPal.
Then, we examine the bonuses and promotions for PayPal users and finish with an FAQ.
If you want to skip the details and jump straight to the best PayPal friendly sportsbooks in PA, then FanDuel has you covered. It is currently the only online sportsbook option in the state that accepts PayPal.
If you are not one of the 200 million+ people who have a PayPal account, you’ll need to follow these steps to register:
While this does take some effort, once you have a PayPal account set up, this will provide security for years. You can now deposit and withdraw at PayPal online sportsbooks and casinos. The added security comes from never needing to give your credit or debit card information to an online merchant.
Registering with PayPal is only part of the process. Also, you will need to register with a sportsbook and to make a deposit there.
We use FanDuel as an example, though the process for all PA betting sites is the same. To do so, follow these steps:
At FanDuel, the stake of your first bet (up to $500) gets returned if the selection loses, which is a great way to get your betting off to a positive start.
PayPal is popular for sports betting sites and many regular online merchants. While there are some benefits in terms of security and simplicity, you might wonder how this matches up to other betting sites’ deposit options.
Here are the pros and cons:
For many people, those small fees are worth the extra security and convenience of moving money between online gambling sites. That said, cheaper deposit options are available.
PayPal is one of many in an extensive list of deposit options. These methods fall into several broad categories, and PayPal is in the electronic wallet, aka e-wallet, category.
Also, you can use various bank transfers, card payments or even cash.
Below is a list of the alternatives to using PayPal at Pennsylvania’s online betting sites:
Some PA sportsbooks may launch their branded debit cards. In other states, these are funded via your cards or bank account, which you can use for secure deposits and withdrawals.
Competition between brands is fierce in Pennsylvania.
Whether you deposit with PayPal an alternative method, you can take advantage of bonus offers. Bonuses include completely free bets, risk-free first bets and loyalty schemes. Whether you choose FanDuel or another book for your PayPal deposits, keeping an eye on sportsbooks’ promotions’ pages will pay off in the long run.
Here are some of the promotions to look out for:
It is worth reading the small print of any sportsbook bonus or promo before you participate. Terms to look for include minimum odds for bets and time limits. Even restrictions on deposit methods qualify, which include e-wallets at some sites.
Yes, FanDuel and DraftKings both welcome PayPal deposits for their DFS contests. These sites are categorized as “skill games,” and are exempt from the gambling restrictions for banking methods.
Yes, you can use PayPal at legal horse racing betting sites, including BetAmerica and TVG. These sites are separate from the PA sportsbooks, which currently do not include access to the pari-mutuel betting pools.
Yes, sports betting become legal after signing of the bill H 271 in October 2017. Implementation was delayed while the PASPA act was challenged by the US Supreme Court. This was overturned in 2018, which triggered the licensing of both live and online sportsbooks. The first live books appeared toward the end of 2018, with online betting starting in May 2019.
Sports betting sites are under the jurisdiction of the Pennsylvania Gambling Control Board (PGCB). Existing brick-and-mortar casinos license all PA sportsbooks.
At FanDuel, you can deposit outside of Pennsylvania in states where FanDuel Sportsbook operates, like New Jersey.
However, when and if other sportsbooks add PayPal as an option, you will more than likely need to fund your online sports betting account within Pennsylvania borders.
You need to be at least 21 years or older and inside Pennsylvania’s state lines to place a bet. You don’t need to be a permanent resident of the Keystone State.
No, FanDuel require that the name on the PayPal account matches the holder of the sports betting account.
PayPal provides a layer of security between your bank and online merchants (including sportsbooks). For many, this method is better than providing bank details directly. Your PayPal account requires password management and basic security precautions.