Venmo Betting Sites - Things You Must Know!

How to use Venmo on Betting Sites

In five simple steps, you can start use Venmo to be able to bet online:

1. Download the app available for iOS & Android
2. Open the Venmo app after downloading
3. Choose a sign-up method and then create a password
4. Verify your email address and mobile number
5. Add, and then verify the bank account you’re going to use

It’s as easy as that! And, you can also access Venmo from your PC.

Top 5 alternatives to Venmo Betting sites

1.

4.6/5

BetMGM Review

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

Players from Virginia accepted

Bet now

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

Venmo sports betting in few words

Venmo was originally created as a way to sell music online but soon developed into a peer-to-peer payment platform. A social side was eventually integrated into the service. Venmo was eventually acquired by PayPal. Today, the company processes transactions worth more than $15 billion every year. It, therefore, doesn’t come as a surprise that Venmo betting sites are becoming popular.

It’s worth noting that Venmo is only available for US transactions, which means both the sender and the recipient should be in the States to use this betting sites payment method.

Setting up an account for Venmo sports betting is extremely simple, whether you want to do it on your PC or using the Venmo app. Next, you have to fuel up your Venmo account. This is simple enough if you already have friends or clients who use the service. Else, you can use your debit card, credit card, or a direct bank transfer.

Bettors can also use the Venmo MasterCard to process their deposits and payouts.

Top 5 sports betting bonuses

1.

4.6/5

BetMGM Promo Code

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

Players from Virginia accepted

Min. Deposit: $5

Copy

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Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

2.

4.5/5

FanDuel Promo Code

New Users – Bet $5 Get $150 If Your Bet Wins!

Players from Virginia accepted

Requirements (WR): 1x Deposit, Min. Deposit: 5

Go to FanDuel

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Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ DC, KY, WV). Void where prohibited. Gambling problem? Call 1-800-GAMBLER or visit www.gamblersanonymous.org . Must be 21+ in NJ, PA, MI, or WV. $10 first deposit req. Bonus issued as non-withdrawable bonus spins which expire 7 days after receipt. Restrictions apply. Contact 1-877-770-7867 (LA).

3.

4.5/5

DraftKings Promo Code

New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!

Players from Virginia accepted

Min. Deposit: 5

Go to DraftKings

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GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $100 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 5/31/26 at 11:59 PM ET.

4.

Caesars Promo Code

Bet $1 and get double the winnings up to $25 for your next 10 bets

Players from Virginia accepted

Requirements (WR): 1x Deposit

Best Alternative

Go to BetMGM

21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)

5.

Hard Rock Bet Promo Code

Deposit first $5+ cash bet, get $150 in Bonus Bets

Players from Virginia accepted

Requirements (WR): Sign up for HR SB, deposit and place your first cash bet of at least $5 Receive $150 in Bonus Bets (6 $25 Bonus Bets) if your first bet wins

Best Alternative

Go to BetMGM

To be eligible, the Player must be at least 21 years old, physically located in a Eligible Jurisdiction: AZ, CO, IL, IN, MI, NJ, OH, TN, or VA, and not on any exclusionary lists in any Eligible Jurisdiction. Excluded patrons are prohibited from participating in Promotions. To be eligible all personal and contact data associated to your account must be verifiable. Arizona Customers: Call 1-800-NEXT-STEP or Text NEXTSTEP to 53342. Colorado, Michigan, Illinois, New Jersey, and Virginia Customers: Call 1-800-GAMBLER  Indiana Customers: Call 1-800-9-WITH-IT  Ohio Customers: Gambling Problem? Call 1-800-MY-RESET.  Tennessee Customers: Call or text the Tennessee REDLINE: 1-800-889-9789

Advantages of using Venmo

One thing you’ll begin to notice once you start playing at online betting sites is that deposits and withdrawals are extremely important. Sometimes you need to deposit more than initially planned, so being able to deposit via mobile is required. Losses in the form of transaction fees have also been known to cause a lot of problems. As such, before we recommend Venmo sports betting, we have to explain how it’ll benefit your gaming. Gambling at the best betting sites with Venmo will always come with the following benefits.

Universal merchant

If you live in the US, chances are high that you or someone you know already uses Venmo for everyday transactions. If you don’t, signing up takes just a minute or two. It’s also free. Because many players already use Venmo to make and receive other payments, using the payment method to power up their interplanetary gaming sessions, instead of playing at Apple Pay betting sites, is a no-brainer. To put it in laimans terms, if you already have gasoline regularly delivered for use in your car and boat, it only makes sense to get a motorcycle that runs on the same fuel.

Available on mobile

Venmo sports betting sites typically have native apps for Android and iOS mobile devices. If not, you’re sure to get an equally capable HTML5 web app.

Fast transactions

At a Venmo bookie, you’re guaranteed instant deposits. You can, therefore, play your favorite games or act on your gut instinct just before a football game starts. Payouts are also a same-day affair, so no need to worry.

Everything you pay goes in

At Venmo betting sites, players can start betting from the off. Everything you pay goes into your bookie account. Your Venmo account also doesn’t have any monthly or annual fees.

Top 5 best betting sites with Venmo

1.

4.6/5

BetMGM Review

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

Players from Virginia accepted

Bet now

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

2.

4.5/5

FanDuel Review

New Users – Bet $5 Get $150 If Your Bet Wins!

Players from Virginia accepted

Bet now

Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ DC, KY, WV). Void where prohibited. Gambling problem? Call 1-800-GAMBLER or visit www.gamblersanonymous.org . Must be 21+ in NJ, PA, MI, or WV. $10 first deposit req. Bonus issued as non-withdrawable bonus spins which expire 7 days after receipt. Restrictions apply. Contact 1-877-770-7867 (LA).

3.

4.5/5

DraftKings Review

New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!

Players from Virginia accepted

Bet now

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $100 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 5/31/26 at 11:59 PM ET.

4.

Caesars Review

Bet $1 and get double the winnings up to $25 for your next 10 bets

Players from Virginia accepted

Best Alternative

Go to BetMGM

21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)

5.

Hard Rock Bet Review

Deposit first $5+ cash bet, get $150 in Bonus Bets

Players from Virginia accepted

Best Alternative

Go to BetMGM

To be eligible, the Player must be at least 21 years old, physically located in a Eligible Jurisdiction: AZ, CO, IL, IN, MI, NJ, OH, TN, or VA, and not on any exclusionary lists in any Eligible Jurisdiction. Excluded patrons are prohibited from participating in Promotions. To be eligible all personal and contact data associated to your account must be verifiable. Arizona Customers: Call 1-800-NEXT-STEP or Text NEXTSTEP to 53342. Colorado, Michigan, Illinois, New Jersey, and Virginia Customers: Call 1-800-GAMBLER  Indiana Customers: Call 1-800-9-WITH-IT  Ohio Customers: Gambling Problem? Call 1-800-MY-RESET.  Tennessee Customers: Call or text the Tennessee REDLINE: 1-800-889-9789

Disadvantages of Venmo Bookie

In the case of Venmo sports betting, it’s the frequent unavailability of the banking option as a withdrawal method. This is something we’re keeping track of and will update as more gambling providers expand to accommodate the payment options for payout requests.

Venmo sports betting transactions are basically cash transactions. As such, once you make a payment, you won’t be able to request a chargeback or claim a refund. The company, however, protects its customers from fraud. So, if you lose money to bad actors, you’re likely to get it back, albeit in days or weeks.

How bookmakers that accept Venmo compare to other options

Playing at Venmo betting sites is a tried-and-true option when you want to access quick, seamless deposits and withdrawals. That, however, doesn’t mean it’s always the best way to go. Venmo’s instant deposits are much more faster than the 1-3 days you get with bank transfers. True, other eWallet and card options also facilitate instant deposits.

But while a lot of such payment options allow you to link your debit card, few offer their own card that’s linked to your account. By offering a MasterCard, Venmo makes it easy for bettors to move between online betting and other transactions. As you’ll find, the Venmo app is a lot easier to navigate and allows you to brag to your friends about your newly-found winnings from betting. Take a look at this deposit and withdrawal payment method comparison:

Best Brand

BetMGM Bonus

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

Get bonus now

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

Best Bonus

FanDuel Bonus

New Users – Bet $5 Get $150 If Your Bet Wins!

Get bonus now

Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ DC, KY, WV). Void where prohibited. Gambling problem? Call 1-800-GAMBLER or visit www.gamblersanonymous.org . Must be 21+ in NJ, PA, MI, or WV. $10 first deposit req. Bonus issued as non-withdrawable bonus spins which expire 7 days after receipt. Restrictions apply. Contact 1-877-770-7867 (LA).

Newcomer

Caesars Bonus

Bet $1 and get double the winnings up to $25 for your next 10 bets

–

21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)

 Best Venmo betting sites FAQ