PayPal Emerges as Top Choice for Online Sports Betting

In June 2025, the landscape of sports betting was evolving, with PayPal emerging as a preferred payment method for many bettors. Its quick, reliable, and secure nature made it a popular choice, especially in the U.S. where legal sports betting was expanding post the overturning of PASPA in 2018.

PayPal’s journey started in California in 1998 and has since grown to serve over 300 million active users globally. In the UK, PayPal betting had been prevalent for years, and its popularity was now extending to the U.S. where it was legal in more than half of the states.

Numerous sportsbooks in the U.S. were now accepting PayPal deposits, providing bettors with a convenient and safe option for transactions. This payment method offered instant deposits and quick withdrawals, making it a favored choice among users.

States like Arizona, Colorado, Indiana, and Virginia were among those allowing online sports betting with PayPal. Major sportsbooks like BetMGM, DraftKings, and FanDuel were offering attractive bonuses for new customers using PayPal.

While PayPal was widely accepted, some sites still excluded it from welcome bonuses due to past abuse. However, bettors could easily switch to other payment methods for initial deposits and then revert to PayPal for subsequent transactions.

The convenience of PayPal extended to mobile betting apps, allowing seamless transactions and quick withdrawals. Bettors could fund their accounts instantly and enjoy the thrill of betting on various sports leagues.

In addition to sports betting, PayPal was also being used in online casinos in states like Michigan, New Jersey, and Pennsylvania. The ease of transactions and security features were making PayPal a preferred choice in the online gaming industry.

Despite its benefits, PayPal users needed to be aware of potential transaction fees, withdrawal delays, and bonus restrictions when using the service for betting. However, the overall convenience and security it offered outweighed these minor drawbacks for many users.

As the sports betting landscape continued to evolve, PayPal remained a key player in facilitating seamless transactions for bettors across various platforms. Its user-friendly interface, quick processing times, and widespread acceptance made it a go-to option for online sports betting enthusiasts.