PayPal betting sites in Illinois

A significant percentage of sportsbooks in Illinois accept PayPal as a payment method. On this page, you'll find more information about how to use PayPal when betting online in Illinois.

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Best PayPal betting sites in Illinois

Top-Rated App
Bet $5 Get $200 in Bonus Bets
21+ and present in IL. Gambling Problem? Call 1-800-GAMBLER
Hot & Trending
Second Chance Bet Up To $500
21+ and present in IL. Gambling Problem? Call 1-800-GAMBLER
Popular Promo
Second Chance Bet Up To $1000
21+ and present in IL. Gambling Problem? Call 1-800-GAMBLER
Second Chance Bets Up To $1000
21+ and present in IL. Gambling Problem? Call 1-800-GAMBLER

Which sportsbooks in Illinois accept PayPal?

There are currently 4 sportsbooks in Illinois that accept PayPal: DraftKings, BetRivers, Caesars, PointsBet. This means that you can both deposit and withdraw funds using PayPal on these sportsbooks.

How to deposit using PayPal on Illinois sports betting sites

PayPal offers an easy way to deposit money on Illinois sports betting sites. However, if you don't have an account yet, you need to create one to access this service.

1. Create a PayPal account

Creating a PayPal account is a straightforward and quick process. Two types of PayPal accounts exist: personal and business. Since you want a PayPal account to deposit money to online betting sites, create a personal account.

The first step you will take is to visit the PayPal website. On the site, click the "sign-up" button which is found in the top-right corner of the screen. The personal and business account options will appear. Choose the personal type and click "Next."

You will then key in your phone number and verify it with a code that will be sent to you in a few minutes. Then, add your name, email address, and password.

After double-checking that all the details are correct, click "Continue." Verify your email address through a link that PayPal will send via email. You will then add your address and any other needed information, and click "Continue."

2. Fund it using online banking or a credit card

Now that you have created your PayPal account, it's time to verify it to start transferring funds. You will link your online banking or credit or debit card to your PayPal account. This is done by clicking on the "Pay & Get Paid" tab on the PayPal website. You will then see "Wallet" on the top bar, under which you will find "Bank & Cards." Choose your preferred option.

If you want to fund your PayPal with your credit or debit card, select your card type. Enter the expiration date on your card. You will then verify your card by entering a four-digit code that PayPal will send to your phone. Note that charges will apply when funding your PayPal using your credit or debit card.

If you want to fund your PayPal card with your online banking, the steps are also easy. Select your bank from the provided list, and log in with your bank credentials. This will link your bank to the PayPal account instantly.

However, if the instant option is unavailable, log in manually and click "Agree and Link." If your bank is not among the given list, click "Don't see your bank," and follow the provided steps.

After linking your bank, PayPal will send two random deposits to your bank account for verification. This can be between $.05 and $.15. Enter the given deposits on your screen, and submit. Your account should be verified within a short period. Now that you have verified your account, it's time to find reliable PayPal betting sites in Illinois.

3. Register to a sportsbook and deposit it using your PayPal

Once you have found your preferred Illinois online sportsbook you should register with it. The process will vary with sites, but the standard steps are clicking on "Sign Up" or "Join Now" and entering your details, including full name, date of birth, username, password, email address, phone number, and address. You will be asked to verify some of these details.

After you have signed up to your chosen sportsbook, you will then be asked to deposit. At this stage, you will click PayPal as your option and complete the payment, which will take a few minutes. Now that you have made your deposit, you can start betting on your favorite sports.

How to withdraw winnings using PayPal

If you end up winning money, you might want to withdraw them back to your PayPal account. In order to do that, follow the steps below:

1. Withdraw the funds to your PayPal account

After your winnings are credited to your sportsbook account, you can withdraw them through PayPal. First, you need to place a withdrawal request by clicking the "Cash Out" option, which can also be referred to as "Withdraw," "Cashier," or "Wallet," and so on, depending on your sportsbook. Then, enter the amount you want to withdraw. When stating the amount you wish to withdraw, observe the sportsbook's minimum and maximum withdrawal policies.

After this, choose PayPal as your payment method. Confirm if all your details are correct before submitting your request. Your sportsbook will offer you a tracking section in which you can confirm if your request has been accepted and processed by the site. The withdrawal may be instant or take hours or days.

2. Transfer the funds from your PayPal

Once your sportsbook approves your withdrawal request, the money will be on your PayPal account. From it, you can transfer it to different payment options, which include:

  • Your bank account. If you want to transfer your winnings from PayPal to your bank account, visit your PayPal account and click on the balance. Then click "Transfer Money" and tap "Transfer to your bank." Choose the bank account you want to transfer your funds to and click "Continue." Enter the amount you want to transfer and click "Next." Confirm the details and click "Transfer Now" to complete the process. The estimated arrival time is about 2 to 3 days.
  • Your Visa/Mastercard. If you want to transfer the funds to your debits card, either Visa or Mastercard, the steps are similar to withdrawing to a bank account. However, after clicking the "Transfer Money" option, you will click the "Instant" section. Select your card from the drop-down list and transfer the funds. Transferring money from PayPal to a debit includes a small fee, and it takes about 30 minutes to arrive.
  • Your PayPal Mastercard debit. PayPal has its Mastercard debit, which guarantees faster withdrawal time. Hence, you should consider using it. After clicking the "Transfer Money" option, specify that you want to transfer it to your PayPal's Mastercard debit. You can withdraw from this debit from most ATMs by selecting the "Checking Account." Note that this option is only available to US customers.
  • Check. If you want to send the funds to your check, click "Request a check by mail instead." A fee also applies to this option.

The benefits of using PayPal on IL sportsbooks

PayPal offers a wide array of benefits to consumers who use it as a payment option on sportsbooks. First, PayPal uses advanced security measures to protect its user's information. Therefore, you don't have to worry about scammers getting their hands on your information.

Additionally, your transactions will be secured as you will be the only one who can view them. Also, the transactions are quick and straightforward, allowing you to enjoy your winnings seamlessly.

PayPal betting site bonuses in IL

DraftKings Bet $5 Get $200 in Bonus Bets
21+ and present in IL. Gambling Problem? Call 1-800-GAMBLER
Caesars Second Chance Bet Up To $1000
21+ and present in IL. Gambling Problem? Call 1-800-GAMBLER
BetRivers Second Chance Bet Up To $500
21+ and present in IL. Gambling Problem? Call 1-800-GAMBLER
PointsBet Second Chance Bets Up To $1000
21+ and present in IL. Gambling Problem? Call 1-800-GAMBLER


Are there any fees when depositing or withdrawing using PayPal?

PayPal doesn't charge fees when you deposit or withdraw using an existing balance. However, fees may apply if you deposit directly with your bank card using PayPal checkout.

How long is the process time for a withdrawal using PayPal?

The period it takes for your withdrawal request to be approved depends on your sportsbook. However, after approval, your withdrawal from PayPal to your bank account should take 2 to 3 days. Transferring your winnings from PayPal to a debit card takes about 30 minutes, whereas a check takes 1 to 2 weeks for US customers and slightly longer for clients in other countries.

Is it safe to use PayPal on IL sportsbooks?

Yes. PayPal employs safe measures to protect clients who use it on IL sportsbooks. Since your banking and card information is kept private using this payment method, it is considered to be one of the safest.