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Venmo Betting Sites - Things You Must Know!

Last Updated on 07/08/2025
Fact checked by: David Howard

Why is Venmo the perfect payment method to play on online betting sites? A full analysis shows that Venmo betting sites are some of the best platforms to enjoy the best gambling experiences. We’ve put together a comprehensive guide to help you find the best betting sites that accept Venmo.

The top Venmo bookmaker options (via PayPal)

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Bet365
1.
Favicon
4.6/5
Find out more on Bet365.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Bet365 Review Bet now
T&Cs apply, 21+
GAMBLING PROBLEM? CALL OR TEXT 1-800-GAMBLER (AZ/CO/IL/IN/KY/LA/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Must be present in AZ/CO/IA/IL/IN/KY/LA(select parishes)/NC/NJ/OH/PA/TN/VA. *This Referral Code is used for marketing/tracking purposes only. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply.
BetMGM
2.
Favicon
4.6/5
PayPal
PayPal
PayPal accepted
Additional Payment Methods
PayNearMe
Skrill
Bank Transfer
VIP Preferred
+9
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
BetMGM Review Bet now
T&Cs apply, 21+
Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
FanDuel
3.
Favicon
4.5/5
PayPal
PayPal
PayPal accepted
Additional Payment Methods
Prepaid Card
PayNearMe
Bank Transfer
Cheque
+7
Bet $5 Get $150 in Bonus Bets If Your Bet Wins!
FanDuel Review Bet now
T&Cs apply, 21+
Gambling Problem? Call 1-800-GAMBLER or visit RG-help.com. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. Gambling HelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C.) To claim, new users need to register, make a first-time deposit of $5 or more, and then simply place their first real-money wager on any FanDuel Sportsbook market (no odds limits) that is live on platform. All users will receive their $150 in Bonus Bets If Your Bet Wins within 72 hours of the bet settlement.
Caesars
4.
Favicon
4.5/5
PayPal
PayPal
PayPal accepted
Additional Payment Methods
E-Check
PayNearMe
Bank Transfer
VIP Preferred
+7
Bet $1, Double Your Winnings Your Next 10 Bets
Caesars Review Bet now
T&Cs apply, 21+
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)
DraftKings
5.
Favicon
4.5/5
PayPal
PayPal
PayPal accepted
Additional Payment Methods
VIP Preferred
Play+
Discover
Bank Transfer
+7
New Customers: Bet $5, Get $150 in Bonus Bets INSTANTLY!
DraftKings Review Bet now
T&Cs apply, 21+
Fanatics
6.
Favicon
4.5/5
PayPal
PayPal
PayPal accepted
Additional Payment Methods
Skrill
Venmo
Apple Pay
Bank Transfer
+3
Bet $30, Get $300 in Bonus Bets
Fanatics Review Bet now
T&Cs apply, 21+
Hard Rock Bet
7.
Favicon
PayPal
PayPal
PayPal accepted
Additional Payment Methods
PayNearMe
Neteller
Play+
ACH
+2
Bet $5 & Get $150 in Bonus Bets
To be eligible, the Player must be at least 21 years old, physically located in a Eligible Jurisdiction: AZ, IL, IN, 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. | T&C apply | Gambling Problem? Call 1-800-GAMBLER
Barstool
8.
Favicon
PayPal
PayPal
PayPal accepted
Additional Payment Methods
E-Check
PayNearMe
Play+
Discover
+6
Bally Bet
9.
Favicon
PayPal
PayPal
PayPal accepted
Additional Payment Methods
Play+
BankWire
Cash at Casino Cage
ACH
+5

Venmo Betting Sites: Pros & Cons
  • ✅ Offers credit and debit card options
  • ✅ Free when transferring with debit cards
  • ✅ Instant deposits
  • ❌ Cannot cancel payments

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

Bet365
1.
Favicon
4.6/5
Get $150 in Bonus Bets Win or Lose when you bet $5!
Virginia
Players from Virginia accepted
Virginia (US) Lottery Board
Bet now
GAMBLING PROBLEM? CALL OR TEXT 1-800-GAMBLER (AZ/CO/IL/IN/KY/LA/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Must be present in AZ/CO/IA/IL/IN/KY/LA(select parishes)/NC/NJ/OH/PA/TN/VA. *This Referral Code is used for marketing/tracking purposes only. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply.
BetMGM
2.
Favicon
4.6/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Virginia
Players from Virginia accepted
Skrill
Virginia (US) Lottery Board
Bet now
Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
Fanatics
3.
Favicon
4.5/5
Bet $30, Get $300 in Bonus Bets
Virginia
Players from Virginia accepted
Skrill
Virginia (US) Lottery Board
Bet now
T&Cs apply, 21+

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

Bet365
1.
Favicon
4.6/5
Get $150 in Bonus Bets Win or Lose when you bet $5!
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Go to Bet365
Get bonus now
GAMBLING PROBLEM? CALL OR TEXT 1-800-GAMBLER (AZ/CO/IL/IN/KY/LA/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Must be present in AZ/CO/IA/IL/IN/KY/LA(select parishes)/NC/NJ/OH/PA/TN/VA. *This Referral Code is used for marketing/tracking purposes only. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply.
BetMGM
2.
Favicon
4.6/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Virginia
Players from Virginia accepted
Min. Deposit: $5
Copy
Get bonus now
Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
FanDuel
3.
Favicon
4.5/5
Bet $5 Get $150 in Bonus Bets If Your Bet Wins!
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $5
Go to FanDuel
Get bonus now
Gambling Problem? Call 1-800-GAMBLER or visit RG-help.com. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. Gambling HelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C.) To claim, new users need to register, make a first-time deposit of $5 or more, and then simply place their first real-money wager on any FanDuel Sportsbook market (no odds limits) that is live on platform. All users will receive their $150 in Bonus Bets If Your Bet Wins within 72 hours of the bet settlement.
Caesars
4.
Favicon
4.5/5
Bet $1, Double Your Winnings Your Next 10 Bets
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit
Copy
Get bonus now
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)
DraftKings
5.
Favicon
4.5/5
New Customers: Bet $5, Get $150 in Bonus Bets INSTANTLY!
Virginia
Players from Virginia accepted
Min. Deposit: 5
Go to DraftKings
Get bonus now
T&Cs apply, 21+

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

Bet365
1.
Favicon
4.6/5
Get $150 in Bonus Bets Win or Lose when you bet $5!
Virginia
Players from Virginia accepted
Virginia (US) Lottery Board
Bet now
GAMBLING PROBLEM? CALL OR TEXT 1-800-GAMBLER (AZ/CO/IL/IN/KY/LA/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Must be present in AZ/CO/IA/IL/IN/KY/LA(select parishes)/NC/NJ/OH/PA/TN/VA. *This Referral Code is used for marketing/tracking purposes only. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply.
BetMGM
2.
Favicon
4.6/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Virginia
Players from Virginia accepted
PayNearMe
Skrill
PayPal
Virginia (US) Lottery Board
Bet now
Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
FanDuel
3.
Favicon
4.5/5
Bet $5 Get $150 in Bonus Bets If Your Bet Wins!
Virginia
Players from Virginia accepted
Prepaid Card
PayNearMe
PayPal
Virginia (US) Lottery Board
Bet now
Gambling Problem? Call 1-800-GAMBLER or visit RG-help.com. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. Gambling HelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C.) To claim, new users need to register, make a first-time deposit of $5 or more, and then simply place their first real-money wager on any FanDuel Sportsbook market (no odds limits) that is live on platform. All users will receive their $150 in Bonus Bets If Your Bet Wins within 72 hours of the bet settlement.
Caesars
4.
Favicon
4.5/5
Bet $1, Double Your Winnings Your Next 10 Bets
Virginia
Players from Virginia accepted
E-Check
PayNearMe
PayPal
Virginia (US) Lottery Board
Bet now
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)
DraftKings
5.
Favicon
4.5/5
New Customers: Bet $5, Get $150 in Bonus Bets INSTANTLY!
Virginia
Players from Virginia accepted
PayPal
VIP Preferred
Play+
Virginia (US) Lottery Board
Bet now
T&Cs apply, 21+

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:

Venmo VISA Paysafecard
Average deposit time Instant Almost instantly Up to 5 business days
Average withdrawal time Within 48 hours 2-5 business days Processed within 24 hours

 

 Best Venmo betting sites FAQ 

❓Is it difficult to sign up at Venmo?

No payment provider will try and make it difficult for you to sign up – in fact they will try and make it as easy and possible! To find out how to sign up at Venmo and why it’s one of the safest options, read on.

💳 Can I connect my credit card to my Venmo account?

Venmo is not a bank account in itself, so you need to link it to a source that provides funds. There are several options you can choose from, and in our detailed Venmo sportsbook guide, we tell you all about them. Take a look!

🏈 Where can I find great Venmo sportsbooks?

Venmo is becoming more popular as a payment method for online sportsbooks in the US. However, to make sure you get the most recent information regarding sportsbooks that offer Venmo, you can take a look at our Venmo payment method guide.

🌎 Can I use my Venmo account for purchases outside the US?

If you like to do shopping internationally, you need a payment method that supports international transactions. You can find out here how and where you can use Venmo. Just keep in mind that legal gambling operators should be situated in your state. Take a look at your options

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Bet365
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