Sportsbooks that accept PayPal in New York: deposits, payouts and limits

PayPal is the most widely accepted e-wallet at New York sportsbooks. FanDuel, DraftKings, BetMGM, Caesars, BetRivers, Fanatics and theScore Bet all list it in their cashiers. Bally Bet is the one licensed NY app that doesn’t.

Deposits are instant everywhere. Withdrawals are where the apps separate, from same-day approval at BetRivers to up to 72 hours of processing at Caesars.

NY sportsbooks that accept PayPal: deposits, withdrawals and payout times

Caesars’ 72-hour figure comes from its NY terms and conditions, and BetRivers says over 90% of withdrawal requests are approved in real time. The other times are the ranges reported by independent payout tests in 2026; operators don’t publish exact PayPal timings. Your first withdrawal can take longer while the sportsbook verifies your identity.

Top PayPal betting sites for New Yorkers

FanDuel: the fastest big-name PayPal cash-out

FanDuel puts PayPal under its quick-deposit options, and PayPal withdrawals usually land within a day or two. It also takes Venmo and Apple Pay, the widest e-wallet menu in New York. The minimum deposit is $5.

DraftKings: PayPal from $5

DraftKings takes PayPal deposits from $5 and pays PayPal withdrawals, typically in 1 to 3 business days. Venmo, Play+ and Skrill are also available.

BetMGM: PayPal funded from your balance or bank

BetMGM accepts PayPal deposits from $10, but only when the PayPal payment comes from your PayPal balance or a linked bank account, not a card. Withdrawals typically take 24 to 48 hours. BetMGM has no NY welcome offer right now.

Caesars: PayPal plus casino-cage cash

Caesars takes PayPal and Venmo, plus Apple Pay, Amex and cash at a casino cage. Its terms allow up to 72 hours of internal processing before money leaves for your PayPal account.

BetRivers: the quickest approvals

BetRivers says it approves over 90% of withdrawal requests in real time through its RushPay system. PayPal deposits start at $10.

Fanatics and theScore Bet

Fanatics takes PayPal and Venmo, and e-wallet withdrawals typically clear in under 48 hours. theScore Bet accepts PayPal for deposits and withdrawals, with payouts generally taking 24 to 72 hours. Both rank in our best NY sportsbooks list.

Depositing with PayPal, step by step

1. Log in to the sportsbook app while you’re in New York.
2. Open the cashier and tap Deposit.
3. Choose PayPal and enter the amount.
4. Sign in to PayPal in the pop-up window and approve the payment.
5. Check your balance. The money appears instantly, ready to bet.

Two things trip people up. First, the name on your PayPal account should match the name on your sportsbook account. Second, PayPal generally won’t fund a gambling payment from a credit card, so link a bank account or debit card, or keep a PayPal balance.

If you’re claiming a welcome offer, make your PayPal deposit before your first bet. Compare current offers on our NY sportsbook promos page.

Cashing out winnings to PayPal

Go to the cashier, tap Withdraw, choose PayPal and enter the amount. Once the sportsbook approves it, the money arrives in your PayPal balance.

Most NY sportsbooks run a “closed loop”: you withdraw to the method you deposited with, up to the amount you deposited. If you deposited with PayPal, your withdrawal goes back to PayPal. Winnings above that amount may have to go out by bank transfer instead.

From PayPal, a standard transfer to your bank costs nothing and takes a few business days. An instant transfer is faster but carries a fee.

PayPal limits and fees by operator

Minimums. PayPal deposits start at $5 at FanDuel and DraftKings and at $10 at BetMGM, Caesars and BetRivers.

Maximums. Each sportsbook sets its own per-transaction and daily caps, and you’ll see them in the cashier. New York apps also let you set lower deposit limits yourself, which we recommend.

Fees. NY sportsbooks generally don’t charge for PayPal deposits or withdrawals. PayPal’s own fees apply to extras, such as instant transfers to your bank.

Bonus eligibility. Check the welcome offer’s terms before you deposit, since a few promotions anywhere restrict which payment methods qualify.

Is PayPal the best way to bet in New York? Pros and cons

Pros – Your bank and card details stay with PayPal, not the sportsbook. – Deposits are instant at all 7 NY books that take it. – Withdrawals are among the fastest options, typically within 1 to 3 days. – Your betting deposits sit in one transaction history, which helps you track spending and keep records for tax time.

Cons – No credit card funding, so you need a bank account, debit card or PayPal balance. – Closed-loop rules can split a big withdrawal between PayPal and your bank. – Not available at Bally Bet. – Instant transfers from PayPal to your bank cost extra.

For most New Yorkers, PayPal is the best mix of speed and privacy. If you bet at Bally Bet or want the quickest card-based cash-out, Play+ or a debit card is the better pick.

PayPal alternatives: Venmo, Play+ and Apple Pay

Venmo. PayPal’s sister app works at FanDuel, DraftKings, Caesars and Fanatics. Deposits are instant, and it suits bettors who already use Venmo for everyday payments.

Play+. A prepaid card branded by each sportsbook, accepted at FanDuel, DraftKings, BetMGM, Caesars, BetRivers, theScore Bet and Bally Bet. It’s the best option at Bally Bet, where PayPal isn’t listed, and Play+ withdrawals at BetRivers typically take under 24 hours.

Apple Pay. Available for deposits at FanDuel and Caesars. It’s quick on iPhone; check the cashier for withdrawal options, since Apple Pay is listed as a deposit method.

Online banking and debit cards. Every NY sportsbook takes them. BetMGM’s debit card withdrawals are reported as instant.

PayPal betting FAQ