PayPal Betting New York

According to PayPal, it’s the #1 e-wallet provider worldwide. Moreover, according to more than 400 million users across the planet—including major corporations and hardcore online shopping fanatics—it’s the best e-wallet on offer.

PayPal has history. It’s been around since 1997, when Elon Musk’s X.com merged with Confinity. At the time, people weren’t buying the whole online payments scheme, and PayPal was created to make the act of handing over your digital money more appealing to the masses.

Fast-forward to now. Almost everything we do is charged to the plastic fantastic online, or paid for via e-wallet online. PayPal’s board wasn’t sold on the future Tesla creator, though—Elon Musk was out of the company within a year. But it is very alive for betting in New York, read on to learn more.

If you haven’t used PayPal already, this section is for you. Loading PayPal as a banking method at your local New York sports betting site is easy and fast—and means you can get in on the action faster than ever.

All you need is an active PayPal account that has an existing balance. So how do you get an existing balance?

Simple—put some funds in your PayPal account. You can do this by ACH e-check, which is the transfer of funds from your bank account to your PayPal account. Or you can do it the easy way: by credit or debit card. This is going to look much like making any other purchase online.

We’ll go through the online payment and withdrawal process here.

How to make New York PayPal betting deposits

To deposit funds to your New York betting account via PayPal is remarkably fast. Top up your account instantly with PayPal.

You’re literally one step away from direct PayPal banking—you’ll be taken to the third party payment portal when you select the PayPal payment option. It takes seconds—no more time than you’ll need to verify a credit or debit card. It’s simple—all you’ll need is your login credentials. It’s also ultra-secure—and we’ll talk about that down here.

Top up your betting apps that use PayPal in New York in 3 easy steps:

1. Navigate to your sportsbook deposit section
2. Key in the dollar amount you want to deposit
3. Select PayPal as your deposit method

From there, it’s just a matter of following the on-screen prompts. Once approved, you’ll be bounced to your betting site’s landing page, where your funds will show up—fresh and ready to be wagered to your heart’s content.

How to make New York PayPal betting withdrawals

Making a deposit at New York PayPal betting sites is easy. Withdrawals—not so much.

Firstly, not all NY-based online betting providers accept PayPal for payouts. If yours does—great. You’ll often need to make a deposit to your sports betting account via PayPal before it can qualify as a payout method,  so check the Ts ; Cs before you try to cash out that big win.

From there, the process is reasonably straightforward:

1. Navigate to your sportsbook withdrawal section
2. Key in the dollar amount you want to withdraw
3. Select PayPal as your withdrawal method

Again, you’ll need to follow the prompts within the PayPal platform to finalize your payout, but there’s a plus-side, too: you should receive your payout into your PayPal account within 24 hours on business days.

There’s good news, and there’s bad news.

The good news is: every one of our top NY sportsbook picks accepts PayPal. The bad news is: you can’t make deposits from a PayPal business account (that means your email address needs to match your personal name).

Our top picks for the best PayPal betting apps in New York are:

• FanDuel for PayPal betting New York. There is great depth in the betting menu, awesome bonuses, and a huge membership base that keeps the forums and odds active. Accepts PayPal for deposits and withdrawals.
• DraftKings for PayPal betting New York. Impressive betting markets, great customer support, one of the most seamless, user-friendly mobile apps on the market, and lightning-fast verification. Accepts PayPal for deposits and withdrawals.
• Caesars for PayPal betting New York. The country’s best loyalty program, generous rewards, impressive bonus offers, and competitive odds for the Big Three US sports. Accepts PayPal for deposits and withdrawals.
• BetMGM for PayPal betting New York. It is known for its top tier live betting, fast payouts and verification, easy betting interface, intuitive algorithms, and the backing of one of the world’s best gambling brands. Accepts PayPal for deposits and withdrawals.

PayPal is beloved by NY sports betting fans for a few reasons.

For starters, the e-wallet platform is easy to use. It’s free to set up. It’s safe, secure, and—all things considered—pretty cheap to run.

You can say goodbye to transaction fees with PayPal, too. Aside from a tariff on payments coming into your account, and a fee when you transfer funds under a certain limit, you’re also able to keep your overheads low.

And as every sports betting brain knows, every dollar counts.

Why else would you choose PayPal as your betting banking method of choice? In this section, we’re unpacking all the pros and cons of the #1 e-wallet in the world.

Pros of using PayPal betting New York

• 24/7 customer support service. PayPal has a dedicated support center that offers both live chat, email support, and a pretty comprehensive self-help section.
• Zero fees on all deposits, zero fees on all withdrawals up to a specified amount, and no transaction or “admin” fees.
• Quick payment processing makes it fast for you to place your next wager. Deposits via PayPal at New York sports betting apps are always instant.
• Versatility. PayPal has the widest range of any e-wallet in the world—meaning it’s accepted at tens of millions of retailers internationally. As a result, you can use PayPal for everything from New York online betting to online shopping to subscriptions, memberships, and even travel. You can also accept payments from your friends and family (ideal for that one friend who constantly forgets his wallet).
• The ultimate in online security. PayPal betting New York delivers top tier secure payment processing online, for total confidentiality, anonymity, and safety.
• An easy to understand, user-friendly interface that lets you easily see where your payments have gone—and why. PayPal can also help you keep track of scheduled payments and subscriptions.

Cons of using PayPal betting New York

• Payouts aren’t processed instantly—so you could be waiting a day or two (or more, where federal holidays are concerned) to get your hands on your funds
• PayPal is notorious for freezing accounts if something looks suspicious. It’s a good tactic to counter security breaches and digital identity theft, but it can be a long, complicated process to put right.

Sports betting enthusiasts in the Empire State know a good deal when they see one—and PayPal is a very good deal for the gambler in you.

It’s almost unbeatable when it comes to safety and security in online banking. It’s incredibly difficult for anyone to get access to your financial information—because PayPal is separate to your bank account. As a stand-alone payment app, it’s independent of your mortgage, your rent payments, your car payments, your income streams…

What we’re saying is: it’s pretty darn safe.

PayPal also offers its proprietary Purchase Protection and Payback Protectin schemes. These add another layer of digital payment trust, because they offer you the chance to log complaints with PayPal.

Had a bad experience with customer service? PayPal’s issue resolution rate is surprisingly high—and fast. That means quick, speedy problem resolutions. For PayPal, it means customer satisfaction and a world-famous customer loyalty rate.

The frosting on the cake is PayPal’s recognition as a reputable e-wallet platform. Typically, PayPal-initiated payments don’t get flagged by banks unless there have been a bunch of them in a short period. Less interference, less delays, and less risk of your credit cards being frozen by your bank when you try to top up your New York sports betting account.

Customer service for PayPal betting sites NY

We’ve touched on this already, but PayPal offers 24/7 customer support via:

• Live chat message
• PayPal community help forums
• The PayPal resolution center—an extensive FAQs section for any problems that crop up regularly
• Phone