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paypal betting in New York

TOP NY Betting Sites Accepting PayPal

Place sports bets with Paypal. There are nine online sportsbooks in New York that accept PayPal as a deposit and withdrawal method. This is because PayPal is one of the most popular e-wallets among NY bettors. PayPal allows you to quickly and easily deposit and withdraw funds from your betting account, also via mobile apps and place sports bets. In addition, PayPal is a safe and secure way to manage your online betting account.

NY Paypal Sports Betting Sites

Let’s look at the New York online sports betting sites and see which of the nine licensed books are PayPal friendly.

PointsBet

Pointsbet NY Sportsbook Logo

In order to use PayPal for deposits or withdrawals at PointsBet sportsbook, first you’ll need to link your bank account as the preferred PayPal payment method. PointsBet won’t allow the use of credit or debit cards with PayPal. As far as deposits and withdrawals, the minimums are $5 and there are no maximums. PayPal withdrawals take 1-2 business days to process at PointsBet. 

BetMGM

BetMGM NY Sportsbook Logo

BetMGM does accept PayPal, so you can easily bet with Paypal. All transactions are processed within 24 hours. Players establish personal deposit and withdrawal limits in conjunction with BetMGM staff. 

At BetMGM you can access a signup bonus of a risk-free first bet with a maximum of $1,000.  To join BetMGM Sports NY, select Register, provide your first and last name, email, date of birth, account name and password, SSN, phone number, and address. Create a unique username and password, along with some security questions. Verification of this info will be required.

BetRivers

Betrivers NY Sportsbook App

The BetRivers New York sports betting app accepts PayPal for sports bets: both deposits and withdrawals. Both deposits and withdrawals through PayPall are generally processed instantly. No fees are attached to PayPal transactions. 

The minimum deposit with PayPal at BetRivers is $10. There is no maximum deposit. As well, no upper or lower limits are placed on PayPal withdrawals.

Signing up at BetRivers is a three-step process. Launch the process by clicking on the orange join button. Next, choose a unique username and password. Then provide your name, home address, birthdate, gender, mobile number and Social Security Number. Scans of photo IDs may be requested to confirm this info.

Caesars Sportsbook

Caesars Sportsbook New York

PayPal deposits and withdrawals can be made to Caesars online sportsbooks either directly through the player’s PayPal account, or from their personal bank account. The minimum and maximums for deposit and withdrawal are $20 and $5,000.

Caesars online sportsbook welcomes you with a $1,500 risk-free first bet. To create a Caesars account, you’ll need to click the Register button. Then fill out your personal information such as name, address, phone number, and date of birth. Next, create a password, answer two security questions, provide the last four digits of your Social Security Number, and any promotional codes that you have. Now you are ready to place sports bets with PayPal in NY.

Bally Bet

While Bally Bet doesn’t technically accept PayPal, it is possible to fund your Bally Bet New York account with PayPal via their Bally Bet Play+ card. Maximum deposit to an account is $25,000. The maximum daily withdrawal is $15,000. The minimums in each case are $10.

Newcomers to Bally Bet are welcomed with a risk-free first bet offer that is worth up to $550. 

To sign up at Bally Bet, some personal information must be shared, including name, date of birth, physical address, email address, phone number and Social Security Number. A unique username and password must be created and proof of age needs to be provided. You’ll also be asked to create security questions. 

DraftKings

Draftkings Sportsbook App New York

PayPal deposits and withdrawals process immediately at DraftKings. The minimum deposit is $5. There’s no maximum limit on deposits, although players can establish personal limits by consulting DraftKings. As for withdrawals, the minimum is $1 and the maximum $60,000.

New DraftKings players can access their signup bonus offer of a $20 matching deposit up to $1,000. To sign up at DraftKings, players must provide their full name, current home address, date of birth, email address, telephone number and Social Security Number (SSN). Verifying this info and establishing a username and password unique to them will also be necessary.

FanDuel

Fanduel Sportsbook NY

To use PayPal with FanDuel, account holders will need to first have their bank account linked to PayPal. PayPal deposits at FanDuel will be accessible immediately. PayPal withdrawals at FanDuel can take up to 48 hours to be processed. The minimum deposit is $10, while maximum deposits are set by contacting FanDuel. As for withdrawals, as little as $10 and as much as $5,000 may be withdrawn in one transaction. 

Signing up at FanDuel is as simple as it comes. Just enter a valid email address, create a username, and secure your account with a password. Then you’ll be eligible for the FanDuel signup bonus of up to $1,000 in free bets.

Resorts World

Resorts World Bet New York Sportsbook App

PayPal is accepted at Resorts World. The minimum deposit and withdrawal limit is set at $10. There are no maximums in place. 

New players at Resorts World gain access to a $500 risk-free first bet. To sign up, players must enter their first and last name, submit their phone number and email address, provide confirmation that they are of legal age to bet, and then await a confirmation email from Resorts World Bet.

WynnBET

Wynnbet NY Sportsbook App Banner

PayPal is available as a banking method to WynnBET sportsbook players. Minimum deposit is $10. Maximum deposit is contingent on a player’s standing with WynnBET’s payment service provider. Minimum withdrawal is $20. The maximum withdrawal is whatever available funds there are in a player’s account.

New players who make a minimum first deposit of $50 will receive $200 in free bets as a signup bonus. To sign up, first download the WynnBET app. Next, click on the gold register button at the top of the page. Choose a username and password. Enter your email address, first and last name, birthdate, phone number, home address and the last four digits of your SSN. 

New York TOP PayPal Sportsbooks Compared: Place Sports Bets With Paypal

NY SportsbookPaypal depositsPaypal withdrawals and process time
PointsBet$5no minimum, 12 days
BetMGM$1024 h
BetRivers$10no maximum withdrawals, use code NYBRV
Caesars $20 $5,000, 1-2 days
Bally Bet Appmax deposit $25,000max daily $15,000
Draftkings$5$1, max – $60,000, 24h
FanDuel$10from $1, max $5,000, 48 h

How to Fund Your PayPal Sports Betting Account in New York

If you already have an existing PayPal account, then the next thing you need to do is to fund your account. You can do this by adding an account to your PayPal profile. Once you have added an account, you will be able to transfer funds from your bank account or credit/debit card.

  • Go to your account page and then click on the “Link a bank” or “Link a card” option.
  • Input the card type, card number, expiration date, and CVC code (if required).
  • Click “Add Money” and then transfer the amount that you want to deposit into your sports betting account.

From there you can now deposit to your choice of online sportsbook that accepts PayPal. For an easier method, you can directly link a bank account to your PayPal account. This will allow you to instantly transfer funds from your bank account to your betting site account.

Withdrawing Winnings Using PayPal

Withdrawing is as easy as depositing. All you need to do is go to the “Payment” or “Withdrawals” page of the online sportsbook that you are using. Select PayPal as your withdrawal method and input the amount that you want to withdraw. Take note that some websites have withdrawal options, be sure to check that first. It is important to note that PayPal has a fee of 2.9% for every withdrawal transaction.

Minimum and Maximum Deposits and Payouts

The minimum deposit and withdrawal amount may vary depending on the online sportsbook that you are using. Many online sportsbooks, however, do not advertise their limits. So it is always best to check with customer support first. Maximum payouts on the other hand often range from $5,000 to $10,000 per transaction. The average time it takes for the payout withdrawal to reflect on your PayPal account is within 24 to 48 hours.

Minimum Deposits:

  • BetMGM: $10
  • PointsBet: $0
  • Caesars: $10
  • DraftKings: $5

Promotions at Paypal Sportsbooks in New York

  • BetMGM NY Sportsbook Bonus: Earn Big Rewards
    • Licensed in New York Sports Betting Service • Simple Trusted & Reliable Betting Site • Refer-a-friend • MGM Rewards program • Exclusive Vegas discounts • One-Game Parlays • Cash Out • Edit My Bet See Review T&C apply
  • Betrivers NY Sportsbook: Get up to $100 Bonus Match
    Best-rated in NY Online Sports Betting Website, In-Game Live Betting Odds, 1X Lowest Playthrough Requirement, Mobile Sportsbook App, Football & Tennis Live Sports Streams, RUSHPAY™, iRush Rewards, Daily Boosted Odds, New Customer Bonus See Review T&C apply
  • Caesars NY Sportsbook: up to $1,250 Free Bet
    • Fully licensed in NY • Same-Game Parlay • Live betting • Live streams • Price boosts • Caesars Rewards program See Review T&C apply
  • Draftkings NY Sportsbook: Get up to $1,000 Deposit Match
    • New York-licensed sportsbook • Stats hub • In-play betting • Odds boosts • Dynasty Rewards scheme • Daily Fantasy Sports available See Review T&C apply
  • PointsBet NY Sportsbook: 2x Daily Booster Tokens
    • Licensed Sportsbook App in New York • PointsBetting spread wagering • Live streams • In-person deposits • Request a bet • Live streams • Cash Out See Review T&C apply
  • Resorts World Bet App: Risk-Free Bet up to $500
    • Licensed in New York State • Quick parlay • In-game betting • Cash out • Lightning bets • Name a Bet • Live stream See Review T&C apply
  • WynnBET NY Sportsbook: Bet $100 Win Tickets
    • Licensed in New York • Build Your Own Bet • Same-Game Parlays • The Playbook tips service • Parlay boosts • WynnBET Rewards program See Review T&C apply

Why to use Paypal?

PayPal is arguably one of the most convenient and safest ways to manage your online betting account. So if you’re looking for an easy and hassle-free way to deposit and withdraw funds, then we recommend that you use PayPal.

How to use Paypal app – video.

NY PayPal Betting FAQs

Paypal Sportsbook Apps New York

Now that you’ve made the decision to sign up with a New York betting app, the next step is to fund your account to enable the wagering to get underway. PayPal is among the most popular payment methods in the online sports betting industry, mainly for two reasons. Firstly, it is the easiest format for depositing and withdrawal of funds from an online sports betting account. Secondly, PayPal is almost universally accepted within the industry. Here are some common questions about using PayPal for betting in New York state.

Do all New York sports betting apps accept PayPal?

Yes, all nine active online sports betting sites accept PayPal as a banking method in some form.

How long does a PayPal transaction take to process?

PayPal deposits process instantly. Withdrawals via PayPal are generally processed within 24-48 hours.

Should I pay tax on winnings in New York?

All winnings from New York online sportsbooks are subject to taxation.

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Featured Paypal Sportsbooks for New York