Does PointsBet Accept PayPal? Only in Canada, Not the US

Does PointsBet Accept PayPal?

Does PointsBet accept PayPal? In the two markets where PointsBet still operates — Ontario and Alberta, Canada — yes, and it’s one of the cheaper, faster ways to move money on the platform. There is no PointsBet product left in the US to ask this question about at all: the company sold its entire American sportsbook to Fanatics Betting and Gaming in a deal that finished closing in April 2024.

Does PointsBet accept PayPal? Only in Canada — and only because Canada is one of two places PointsBet still operates at all. In Ontario and Alberta, PayPal sits on the deposit and withdrawal menu next to debit cards, online banking, and Interac e-Transfer. In the US, the question doesn’t really have an answer, because there’s no PointsBet account left to attach a payment method to.

PayPal at PointsBet Canada: The Numbers

A PayPal deposit at PointsBet Canada starts at C$5, lower than the roughly C$10 minimum on most of its other deposit methods. Deposits post instantly once PayPal confirms the payment, and PointsBet doesn’t charge a fee for choosing it over any other option.

Minimum deposit: C$5

Deposit speed: instant

Withdrawal speed: typically within 48 hours of approval

Fees: none charged by PointsBet on either side

Availability: Ontario and Alberta only

The Rule Behind PayPal Withdrawals

PointsBet generally won’t send a withdrawal to PayPal unless a deposit has already come in through PayPal first. That’s not unique to PointsBet — it’s the standard e-wallet rule most regulated sportsbooks apply, since it keeps the deposit and payout tied to a verified account instead of an arbitrary one entered at cashout. An account that has only ever used a debit card or Interac e-Transfer won’t find PayPal on the withdrawal screen until a PayPal deposit changes that.

The 48-hour estimate assumes verification is already done. Like every regulated Ontario or Alberta operator, PointsBet requires identity verification before releasing a withdrawal. PayPal doesn’t skip that step — it just tends to move quickly once the review clears.

Why There’s No US Answer to This Question

PointsBet sold its entire US sportsbook, iGaming, and retail betting business to Fanatics Betting and Gaming in a deal that closed state by state and finished in Illinois in April 2024. Every US PointsBet account converted automatically into a Fanatics account on the same underlying Banach Technology platform. Anyone searching “PointsBet PayPal” from a US state is looking for an app that no longer exists — Fanatics sets its own payment menu, separate from whatever PointsBet used to offer.

Whether in Canada or checking on an old US account, confirm current payment options directly with the operator before depositing, and treat any of it as entertainment spending, never income. 19+ in Ontario and Alberta. 21+ where legal in the US. 1-800-GAMBLER.

Does PointsBet accept PayPal? — Frequently Asked Questions

Does PointsBet accept PayPal?

Yes, but only through PointsBet Canada in Ontario and Alberta. PayPal appears on the deposit and withdrawal menu there alongside Visa/Mastercard debit, online banking, and Interac e-Transfer. PointsBet has no US product at all anymore — it sold its American sportsbook business to Fanatics Betting and Gaming in a deal that closed in April 2024, so there’s no US account for a PayPal question to apply to.

What is the minimum PayPal deposit at PointsBet?

C$5 in the Canadian market — lower than the roughly C$10 minimum PointsBet sets for most other deposit methods, making PayPal one of the cheapest ways to fund a small first deposit.

How long does a PointsBet PayPal withdrawal take?

Typically within 48 hours once approved, and PointsBet Canada’s withdrawals overall tend to process in under 24 hours on average. That clock starts after identity verification is complete, not from the moment the withdrawal request is submitted.

Why can’t I withdraw to PayPal on PointsBet?

PointsBet generally requires a successful PayPal deposit before it will send a withdrawal back to that same PayPal account — standard practice for e-wallets at regulated sportsbooks, meant to keep the deposit and payout method matched for anti-fraud purposes. An account funded only by debit card or e-Transfer won’t see PayPal as a withdrawal option until a PayPal deposit has gone through first.

Does PointsBet charge a fee for PayPal?

No. PointsBet doesn’t add a fee to a PayPal deposit or withdrawal in its Canadian market. Any charge inside PayPal itself, such as a linked card’s cash-advance fee, would come from PayPal or the card issuer, not from PointsBet.

Can I use PayPal on PointsBet in the US?

No — there’s no PointsBet account to open in the US at all. PointsBet sold its entire American sportsbook, iGaming, and retail betting business to Fanatics Betting and Gaming, with the sale finishing in Illinois in April 2024. Every US PointsBet account converted automatically into a Fanatics account, and Fanatics sets its own separate payment methods.