We’re on a mission to pair you with the best PayPal betting site in Canada. PayPal is considered an industry leader when it comes to online payment methods after they took off in 2002 when eBay acquired its rights. Today, PayPal is used by hundreds of millions of people around the world and has become a mainstay as a banking option in the online sports betting industry.
We’ve reviewed all the best PayPal sportsbooks Canada has to offer and compiled everything you need to know to start betting with PayPal. Keep reading to learn more about the best PayPal betting sites on the market, how to sign up for an online sports betting account, and what to watch out for while enjoying the awesome advantages of PayPal betting.
Can I bet with PayPal in Canada?
Players can only bet with PayPal in Ontario at this time, not in the rest of Canada. While the passing of Bill C-218 legalized single-event sports betting in Canada, PayPal’s strict regulations for gambling merchants means sites operating in the grey-market can’t offer PayPal as a payment method.
Legal PayPal Sports Betting Sites Ontario
| Sportsbook | Referral Code |
|---|---|
| BetMGM | Sign up without code |
| BetRivers | Sign up without code |
| Betano | Sign up without code |
| Caesars | Sign up without code |
| DraftKings | Sign up without code |
Until Canadian sportsbooks start rolling out more PayPal gambling sites, please enjoy our deep dive into the Ontario betting sites that accept PayPal. You can always trust that all our books are by the book! We’ll cover everything you need to know to begin betting with PayPal, from setting up your first sports betting account to reviewing PayPal’s fine print. Let’s take a look at our top legal PayPal betting sites and what each has to offer.
1. BetMGM Ontario
Using PayPal at BetMGM
As long as you’ve registered your PayPal account with BetMGM Ontario and have used it to deposit funds within the last 6 months, you can make PayPal deposits and withdrawals without any hassle. Although deposits are instant, it takes 3-6 days to process withdrawals—but since BetMGM offers the highest maximum withdrawal around, we can let it slide.
| BetMGM PayPal | Min | Max | Fees | Time |
|---|---|---|---|---|
| Deposits | $10 | $20,000 | Free | Instant |
| Withdrawals | $10 | $100,000 | Free | 3-6 days |
Pros & Cons of BetMGM
Starting out in Las Vegas, the MGM brand has become a globally recognized name, becoming one of the best PayPal betting sites around. If you’re looking for a top online casino that accepts PayPal and countless sports betting opportunities using this payment method, your search is over with BetMGM.
Offering hundreds of prop bets, a grade-A live betting hub, and all the top sporting events, BetMGM has won the hearts of sports bettors around the globe. Speaking of which, using your BetMGM Rewards (points awarded for qualifying play), you can stay at any of the MGM resorts—or put your points towards your wagers. Automatically become a BetMGM Rewards member when you sign up for BetMGM Ontario.
2. BetRivers Ontario
Using PayPal at BetRivers
Betting with PayPal through the BetRivers sports betting app and desktop site is a piece of cake—just be sure your PayPal account is linked with a verified bank account, otherwise, BetRivers won’t accept PayPal transactions (sorry!). Needing to connect a verified bank account takes away the fun, doesn’t it? On the upside, you can withdraw winnings using PayPal in as little as 2 hours (up to 24 hours).
| BetRivers PayPal | Minimum | Maximum | Fees | Transaction Time |
|---|---|---|---|---|
| Deposits | $10 | $10,000 | Free | Instant |
| Withdrawals | $10 | $10,000 | Free | Within 24 hours |
Pros & Cons of BetRivers
Although new to the game, BetRivers is one of the fastest-growing sportsbooks in North America and is backed by Rush Street Interactive’s superior technology. As one of the best betting apps and sportsbooks that accepts PayPal, BetRivers prioritizes user experience providing an incredible customer service team (especially compared to others on our list) and overall betting experience.
BetRivers stands out from other online sports betting options for its excellent selection of popular and niche sports, iRush Rewards loyalty program, and live-tracker. This PayPal betting app (and site!) boasts top odds, fantastic betting markets, and an insane selection of online sports betting options. Sign up for BetRivers Ontario today!
3. Betano Ontario
Using PayPal at Betano
With Betano, PayPal betting has never been easier! Make repeat PayPal deposits with a single click after signing into your PayPal account and accepting the billing agreement. Please ensure you use the same PayPal account for both deposits and withdrawals. Betano Ontario is the top PayPal betting site when it comes to efficiency (it’s hard for other PayPal sportsbooks to complete with single-click payments!).
| Betano PayPal | Minimum | Maximum | Fees | Transaction Time |
|---|---|---|---|---|
| Deposits | $10 | $5000 | Free | Instant |
| Withdrawals | $10 | $5000 | Free | Under 24hrs |
Pros & Cons of Betano
Developed by Greek gaming technology company Kaizen Gaming, Betano offers stellar security, cutting-edge technology, and everything you could ask for from the online betting sites we know and love today. Available on the Google Play Store and Apple App Store, Betano has received positive reviews all around.
Sign up for Betano Ontario to enjoy unique features like Betano’s Bet Mentor, which creates slip suggestions after you state your stake and how you would like to play. Paired with its PayPal One-Click payment options, Betano offers a streamlined online betting experience with all the top sports (including esports!), numerous live betting options, and a solid customer support team.
4. Caesars Ontario
Using PayPal at Caesars
Caesars Sportsbook has several max deposit limits for PayPal (daily, weekly, and monthly), and the maximum number of deposits each user can make are 5 per day, 40 per week, and 160 per month (whew!). Additionally, withdrawals take 3-5 days unless your bank is eligible for fast withdrawal, which can be approved within 1 hour.
| Caesars PayPal | Minimum | Max | Fees | Time |
|---|---|---|---|---|
| Deposits | $10 | $10,000 | Free | Within 24 hours |
| Withdrawals | $1 | $20,000 | Free | 3-5 days |
Pros & Cons of Caesars
The Caesars Sportsbook also made its start in Las Vegas and quickly became one of the hottest casinos in the world. Now, Caesars is one of the best-known sports betting sites in the industry and is one of the few online betting sites in Canada that accept PayPal deposits and withdrawals. Yes, betting with PayPal is convenient, clear, and crazy cool at Caesars Ontario.
Please note, Caesars Sportsbook is currently only available through the mobile betting app. Enjoy an intuitive on-the-go sports betting and online casino experience by signing up with Caesars Ontario.
5. DraftKings Ontario
With the lowest minimums of all our PayPal betting sites, DraftKings Ontario is a great option for casual and novice bettors looking to bet a couple of bucks here and there. Plus, like all the online sports betting sites on our list, you shouldn’t expect any sportsbook transaction fees—but keep an eye out for any third-party charges (especially for money entering your PayPal account).
| DK PayPal | Minimum | Maximum | Fees | Transaction Time |
|---|---|---|---|---|
| Deposits | $5 | $10,000 | Free | Instant |
| Withdrawals | $1 | $60,000 | Free | 2 days |
Pros & Cons of DraftKings
DraftKings Ontario has a wide selection of online betting options, from the top sporting events and niche leagues to novelty and special bets. With numerous betting markets and competitive odds, the fun is endless! Plus, DraftKings Dynasty Rewards Program lets qualifying players earn “crowns” to use for online casino or sportsbook credits and work their way up membership tiers to win exclusive rewards.
Pros and Cons of Betting with PayPal
No matter your preferred method to transfer money, whether credit or debit card, PayPal, e-wallet accounts, or even digital currencies, there are advantages and downsides to each online payment method. Let’s check out what PayPal has to offer when paired with the best betting sites!
Advantages
For many, PayPal paved the way for safe and secure payment methods online without the need for a credit card (or even a verified bank account in some cases). Here are some of the serious advantages to using PayPal to transfer funds to your sportsbook account (after all, we wouldn’t be here if there weren’t):
🏃 Speed
Most PayPal deposits are instantaneous, meaning once you hit confirm, you’re off to the races—well, at least, you can bet on them right away. As for PayPal withdrawals, all online transactions are reviewed and approved by PayPal’s team within 24 hours. Although PayPal withdrawals aren’t instant like deposits, they are certainly faster than other payment methods.
🛍️ Convenience
With PayPal, speed and convenience go hand in hand. PayPal is widely accepted online and across Ontario, providing seamless online transactions for the sportsbooks that currently accept PayPal. Whether you’re betting from home or on the go, PayPal ensures quick, hassle-free transactions across multiple devices and every sportsbook app in our list above.
🔐 Security
Don’t want to use your banking information over the web? Thanks to PayPal, you can send and receive money without worry. For all your wet feet pics—ahem (oh god)—bet sheet picks, PayPal has you covered with end-to-end encryption and the latest authentication tools to protect PayPal users from fraud, phishing, and identity theft. Here are a bunch of ways PayPal protects users online:
- 24/7 Fraud Monitoring
- Transport Layer Security (TLS)
- Data Encryption
- Passkeys for PayPal (Fingerprint and Face ID)
- Email Payment Conformation
Disadvantages
Despite PayPal’s awesome advantages for online sports betting, there are a few notable downsides to betting with PayPal—and, honestly, PayPal in general. Without further ado, let’s help you better understand some of the disadvantages of PayPal.
💰 PayPal Fees
The biggest bummer using PayPal is the fees. You shouldn’t expect any fees from the sportsbooks or betting apps on our list, but PayPal does have some small internal fees. Sending money and making deposits should be free of charge; however, adding money to your PayPal account from your credit or debit card may receive a 2.9% fee plus a fixed flat rate.
Typically, you shouldn’t have any fees on winnings transferred from your sportsbook account; however, the standard fee to receive money in your PayPal account is 2.9%. After 12 months of inactivity, you could also be charged $20 if there is any money left in your PayPal account. And if you transfer funds internationally, you can expect even more fees.
🚦 Availability
Today, PayPal betting sites availabilities are slim in Canada and are currently only available for Ontario-licensed sports betting apps and sites. Since PayPal betting options are quite limited, we encourage you to check out our individual online sportsbook reviews to find out if BetMGM, BetRivers, Betano, Caesars, or DraftKings suits your unique betting style and needs.
✋ Potential Account Holds
Since PayPal’s top priority is its users’ security, some transactions may be flagged and your account put on hold. There won’t be any significant delays with your deposits and withdrawals, but on rare occasions, the PayPal team may need to complete additional verification steps before processing your transactions.
How to Bet With PayPal in Canada
Are you ready to rumble? Learn to bet with PayPal and avoid making your first sports betting fumble! Make sure you’ve created a PayPal account first, then follow these steps. Here’s how to bet with PayPal in four easy steps:
- Choose a PayPal betting site.
- Register your account.
- Make a deposit.
- Place a bet.
1. Choosing a PayPal Betting Site
With our lineup of top Canadian PayPal betting sites, you should have a roster of frontrunners. When comparing sportsbooks, consider the available sports leagues and betting markets, transaction times and fees, and which site has the best odds. Of course, you could follow our lead, signing up for multiple betting sites that accept PayPal to leverage competitive betting lines and promotions. But—you know—one is cool, too, as long as you remember to sign up with one of our exclusive links.
2. Registering Your Account
Creating a sports betting account through any of our top PayPal sportsbooks is a snap! Most sportsbooks will ask for your personal details and address as they appear on your government-issued ID, which you’ll need later for verification, and prompt you to create a unique username and secure password.
To verify your identity, you’ll need to complete a photo verification process through a pop-up window or simply upload your ID before your initial deposit. Additionally, you may need to enter a security question or set up multi-factor identification before you can hit the ground running.
3. Making a Deposit
It’s speedy, straightforward, and safe to deposit funds with PayPal. First, you’ll need to locate the “Deposit” button or cashier page, typically found in the top right corner or under your account profile. Then select PayPal (obviously) as your preferred payment method, enter your payment details and deposit amount, and click to confirm.
At this point, you’ll be redirected to the PayPal website, where you can enter your login details through the PayPal app or website to complete your deposit. After, PayPal should deposit money directly from your PayPal account to your sportsbook balance (it’s basically the same process for other deposit methods).
4. Placing a Bet
Placing bets online has finally become idiot-proof (well, almost), with many PayPal betting sites streamlining the process. If you don’t already have a match in mind, you can browse sporting events and odds with ease, and if any catch your eye, you can click on the odds, enter your bet amount, and add the wager to your bet slip.
Once you’re happy with your bet slip, you can place your initial bet by clicking to confirm. A word of warning? You should only wager what you’re willing to lose; once your bets are placed, all bets are off the table—unless there are early cash-out options or a bet safety net, of course.
Tips for PayPal Betting
Before you start betting with PayPal, there are a few things to keep in mind to help streamline your sports betting experience and to help you play responsibly. And if you don’t have one yet, here’s your cue to create a new PayPal account. Here are our top PayPal betting tips and tricks:
- Connect and verify your PayPal account. This process may vary slightly across PayPal betting sites but is relatively straightforward, and some sites like Betano let players permanently pair their PayPal account for one-click, painless payments.
- Use the same PayPal account for transactions. If you have multiple PayPal accounts, be conscious of which account you use, as many sites restrict PayPal withdrawals to the same account as your PayPal deposit.
- Double-check your sportsbook accepts PayPal. Okay, yeah, this one is a no-brainer, but checking which payment methods your desired sportsbook accepts is a solid best practice for any bettor looking to make the leap.
- Be aware of transaction times. Does anything suck more than cash in limbo? While PayPal transactions are super speedy, some online sports betting sites have atrocious transaction times when you withdraw funds.
- Stick to your budget. Using a dedicated PayPal account can help you maintain a betting budget by only using your PayPal balance to fund your sportsbook account. However, online shoppers who use PayPal regularly can set a monthly budget other ways to prevent overspending.
- Set limits. Most sports betting sites allow (and often encourage) users to set limits, including daily deposits, maximum bets, losses, and more. All online sportsbooks should have responsible gambling tools and resources at the ready, but please double-check what self-limits you can set.
Final Thoughts: Plenty of Awesome Sportsbook PayPal Options!
Now that we’ve covered the best PayPal betting sites Canada has to offer—or, at least, the limited bangers currently available in Ontario—let’s recap! Sports bettors love PayPal betting for its super safe, secure, speedy transactions! Nothing beats the convenience of PayPal betting across devices, but keep an eye out for transaction fees (especially for money going into your PayPal accounts).
Our top PayPal sports betting sites (and respective online casinos) all have competitive odds, solid betting markets, and a wide selection of sporting events and leagues. For more information on each of these online betting sites, check out our in-depth reviews—but if you’re ready to hit the ground running, you can sign up for one or more of our PayPal betting sites today using our exclusive links. Best of luck, and please play responsibly.
PayPal Sports Betting FAQ
Yes! PayPal betting in Canada is completely legal under Bill C-218, which legalized single-event sports betting in August 2021 but it is limited to licensed Ontario betting sites.
PayPal allows select online gambling sites and merchants to use their services and offer PayPal as an accepted payment method. Please note, that PayPal betting sites are only available where online sports betting and gambling sites are fully legal and regulated.
BetMGM, BetRiver, Betano, Caesars, and DraftKings all accept PayPal in Ontario; however, these sites do not accept PayPal for the rest of Canada. Read our hot takes on the best PayPal betting sites Ontario has to offer and learn how to make your PayPal betting debut.
Yes, PayPal is one of the safest ways to deposit money into online sports betting accounts thanks to its layers of security, from 24/7 fraud monitoring to end-to-end encryption. When gambling online, please ensure the sports betting site is licensed and regulated by the proper gaming authorities.
PayPal offers sports bettors a safe and convenient solution to deposit money into online casinos and sports betting site accounts in a timely and secure fashion across devices.
Yes, bettors must create and fund their PayPal account before depositing funds into their sportsbook account using PayPal as their chosen payment method. Upon making a PayPal deposit, users must log in to their existing PayPal account to verify the transaction and link the account for future use.
