PayPal Online Sportsbooks
There are many online sportsbooks that take PayPal available to US players. PayPal can be used to quickly fund an account and request payouts. Between online sportsbooks that accept PayPal directly, and ones that use the payment for MatchPay transactions, the P2P service can be used for receiving big betting bonuses. This page breaks down both methods of betting with PayPal for all US players and the different limits that are offered for PayPal deposits, withdrawals, and bonuses from online sportsbooks.
When depositing with PayPal, Bovada members will go through the MatchPay service for a P2P transaction. When selecting the MatchPay deposit option, bettors will have a choice to select a bonus to be added to the deposit when it processes. The best bonus that Bovada offers for PayPal transactions in the welcome bonus that is a $250 bonus for all new players. This PayPal sports betting bonus can help bettors put more skin in the game, or just helped keep their bankroll funded and ready for any new exciting wager types.
Creating A MatchPay Account Steps For Bovada
- Create Bovada sportsbook account
- Log in, and go to deposit page
- Click MatchPay option
- Select “Join Now”
- Fill out basic personal information
- Verify With phone number
- Verify with email that was also used for Bovada account
Using MatchPay To Make A PayPal Deposit At Bovada
Using MatchPay to make a PayPal deposit at Bovada is easy. MatchPay is Bovada’s built-in system for processing payments, and it’s the only way to use PayPal at an international online sportsbook. While some state-regulated books are able to take PayPal, international books have to deal with different laws, and as such use MatchPay to make sure the money goes where it needs to go.
How To Make A Paypal Deposit With Bovada
- Visit Bovada and start the deposit process.
- Select MatchPay as your deposit method. This will take you to MatchPay.
- If you do not have an account, you’ll need to create one
- Select “create order” to use PayPal to add credit to your MatchPay account.
- You’ll be matched with someone looking to sell their credit for your PayPal money.
- Finish the transaction on MatchPay.
Can I Withdraw With PayPal At Bovada?
The only way to withdraw with PayPal at Bovada is to use MatchPay, but in reverse. You can sell your Bovada credit in exchange for a transfer into your MatchPay account. The way this works is you go onto MatchPay as a seller and then are matched with someone looking to buy what you’re selling.
PayPal Deposit Limits At Bovada
When depositing with PayPal via MatchPay at Bovada, you can access deposits of up to $1,000. This is notably lower than Bovada’s crypto deposit options, but some people just really enjoy the convenience of PayPal.
Bovada PayPal Deposit Limits
| Type | Minimum | Maximum | Processing Time | Fees |
|---|---|---|---|---|
| Deposit | $20 | $1,000 | 15 Min | No Fees |
Withdrawal Limits For PayPal At Bovada
Bovada’s withdrawal limits for PayPal are influenced by their MatchPay service, which is how they accept both PayPal deposits and withdrawals.
Bovada PayPal Withdrawal Limits
| Type | Minimum | Maximum | Processing Time | Fees |
|---|---|---|---|---|
| Withdrawal | $20 | $1,000 | 15 Min | No Fees |
Note: There is a 15-minute processing time for funds to be transferred after the PayPal transaction has been received and processed.
Online Sports Betting Bonuses With PayPal
Bovada’s bonuses are excellent, and as the premier PayPal online sportsbook, they better be. There’s one major issue – you cannot redeem them on MatchPay deposits, and MatchPay deposits are the only way to use PayPal at Bovada.
Bovada Paypal Bonuses
| Bonus | Percent Bonus | Up To | Rollover | Available For PayPal? |
|---|---|---|---|---|
| Sports Welcome Bonus | 50% | $250 | 5x | No |
Benefits Of Betting With PayPal At Bovada
- 15-minutes to process
- No deposit fees
- No withdrawal fees
- Trusted and secure platform
- Most people already have PayPal account
- Deposits and withdrawals up to $1,000
Disadvantages Of Using PayPal At Bovada
- P2P transfers are not overseen by Bovada
- Payouts require a MatchPay agreement with another Bovada player
How Trustworthy Is MatchPay At Online Sportsbooks?
The MatchPay service itself is a trusted method for funding and requesting payouts from an online sportsbook. While Bovada does everything they can to ensure a safe betting experience with PayPal, they have no way of regulating the actual PayPal transfers between players. However, Bovada is not going to transfer the funds in the bankroll until the PayPal transfer has been received and there are no issues between players.
Other Available Payments Through MatchPay
PayPal is the most common P2P money transfer platforms that is accepted by online sportsbooks in the US. When depositing with a sportsbook that used the MatchPay Service, players do not have to use PayPal but have the option to use many other P2P services for deposit and withdrawal transactions.
- Zelle
- CashApp
- Venmo
- Chime
- Apple Pay
Why Do I Not See MatchPay Or PayPal As An Option At Bovada?
If a Bovada player signs up for an account and does not see the MatchPay option for depositing with PayPal, they can send a live chat to their 24/7 customer service. However, Bovada does not always offer every bettor the same deposit options. In some cases, this is the result of that bettor not depositing with the online sportsbook before. Using a cryptocurrency is another great wat to fund a Bovada account, if the PayPal option is not available.
Do State-Regulated Sportsbooks Accept PayPal?
There are a few state-regulated sportsbooks that accept PayPal for funding an account. These deposits and withdrawals can be processed directly and do not require the assistance of MatchPay or any other third-party services. However, these sportsbooks are available in far fewer states than Bovada. These sportsbooks are:
- FanDuel – Available in 17 states
- DraftKings – Available in 18 states
- BetMGM – Available in 16 states
- Caesars Sportsbooks – Available in 14 states
- Barstool Sportsbook – Available in 13 states
- PointsBet – Available in 11 states
- BetRivers – Available in 13 states
- UniBet – Available in 6 states
Mobile Sports Betting With PayPal Transactions
All of the online sportsbooks that accept PayPal transactions for deposits and withdrawals can be accessed from a mobile device in the US. The state-regulated books like DraftKings offer apps that use PayPal and internationally licensed books like Bovada offer mobile browser betting with PayPal that does not require anything to be downloaded to the device. Using PayPal to bet on sports makes it simple and profitable for players to hop on live betting odds during any occasion. No matter which method is chosen for PayPal online sports betting, players in the US can use the person-to-person service to bet on sports, accept bonuses, and request payouts without leaving the house.
Best Mobile Devices For PayPal Betting
- Apple iPhone
- Samsung Galaxy
- Samsung Galaxy Flip
- Motorola Moto
- Google Pixel