Update: MatchPay has been removed from the Bovada banking options. It is unclear if this is temporary or permanent, and this page will be updated accordingly when more is known. However, if you wish to make immediate deposits and benefit from same-day payouts, you can still use Bitcoin, Bitcoin Cash, other cryptos (Ethereum, Litecoin, Dash), Bovada Vouchers, Zelle-To-BTC, and QB Direct for Litecoin deposits (at sportsbooks that support the service).

  1. Draftkings Sportsbook Venmo
  2. Online Sportsbook Venmo Deposit
  3. Sportsbooks That Accept Venmo

Are Venmo sportsbooks in the Philippines safe? Many might think that since PayPal has to do with security, everything is ideal. However, this applies exclusively to retailers. Since Venmo uses PayPal, the same virtual protections will be available for it as for retailers. As for PayPal Protection, Venmo offers its almost identical security. So you have registered at DraftKings and have checked out the assortment of games. You are now ready to take the plunge and make a deposit and join the exciting and fun world of real money daily fantasy sports contests, all 100% legal in 45 states.

Legitimate United States online sportsbooks operating internationally have long been the best option for American players, but they have one glaring flaw when it comes to sports betting banking: They don’t accept PayPal*, Venmo, Cash App, or Zelle Pay directly. MatchPay, however, changes that.

Need a book that uses Venmo, PayPal, etc Subscribe Subscribe Unsubscribe +1. Sportsbook Reviews Sports Betting News Podcasts Responsible Gaming. Experts Free Picks Our Experts. People consistently and/or exclusively using Venmo to settle out betting accounts are taking on a huge risk of getting shut down by the biggest thug in the P2P market, PayPal, who owns Venmo. I would never want to lose my Venmo but if it is low volume then it would probably wouldn't get flagged. A more detailed explanation of how to access and use a Venmo balance can be found here. Funding sources. When setting up your Venmo account, one of the first things you do is decide how you want to pay people, also known as setting your funding source. In Venmo, you can pay people from any of the following.

Now, MatchPay sportsbooks for USA players allow bettors to purchase all or part of the eligible account balances of other players using the above popular payment methods. Conversely, MatchPay lets sports bettors sell their balances, allowing them to claim fee-free same-day payouts, which was until now limited only to Bitcoin sports betting deposits and other crypto options.

Bovada MatchPay is the first integration of the MatchPay third-party platform, but we expect all of the top USA online sportsbooks to follow suit in the near future, as being able to make PayPal sports betting deposits – as well as Venmo sports betting deposits, Cash App betting deposits, and Zelle transfers – means that US players now have many more quick, easy, guaranteed options for getting their accounts funded so they can bet on their favorite players, teams, and sports immediately.

*In late 2020, PayPal announced Bitcoin and other cryptocurrency support. Now that you can buy BTC with PayPal, you may soon be able to make direct PayPal Bitcoin deposits to all the top online sportsbooks operating internationally. Currently, however, outgoing BTC transactions are blocked by PayPal, so sports bettors should wait for this policy to change before using PP to buy BTC or other cryptos.

Best US Online Sportsbooks
Accepting MatchPay Deposits

Site NameCurrent BonusU.S.Visit Site
150% Max $250
Review

What Is MatchPay?

MatchPay is a new service that allows members at retail and merchant sites to transfer their account balances to other members at those same outlets. While each merchant must sign on to accept MatchPay’s services, once they do, customers can buy other members’ balances (or portions thereof) using a variety of popular person-to-person – or P2P – services, including the following:

  • PayPal
  • Venmo
  • Cash App
  • Zelle

Bovada Sportsbook is the first reputable USA sports betting site to support MatchPay, which they do right in the deposit section of their Cashier page. In this context, MatchPay is a gamechanger, as it allows new and existing US sportsbook members to top off their bankrolls using the aforesaid P2P services.

Remember, because US-friendly sportsbooks like Bovada are not allowed to directly accept PayPal, Venmo, Cash App, or Zelle transfers, millions of potential customers who use these services every day have not been able to use them for online sports bet funding.

MatchPay changes the game, so now every MatchPay sportsbook is effectively a PayPal sportsbook, Venmo sportsbook, Cash App sportsbook, or sports betting site that accepts the US-only Zelle Pay instant-pay service.

In short, when it comes to online sports betting for USA players, MatchPay allows for a multitude of new deposit and withdrawal options. To learn the specifics of how to bet on sports with MatchPay, we outline the procedure in the section below.

How Does MatchPay Work At USA Sportsbooks?

In order to use MatchPay to fund your United States betting account, you must be both a member at an online sportsbook that supports the service (i.e. Bovada), and you must sign up for a free MatchPay Trader account.

The books that offer MatchPay deposit options have a plug-in to the MatchPay service where you can enroll if you’re not already an account holder with the third-party platform, making that process easy.

Once you’re a MatchPay Trader, you can buy other sportsbook members’ account balances or sell your own to fellow online gamblers.

MatchPay Sports Betting Deposits

Sportsbooks that accept venmoDraftkings sportsbook venmo

To make a MatchPay sportsbook deposit, the procedure is outlined below. Assuming you have neither an online betting account nor a MatchPay account, here’s how the process works (using Bovada as the example, though we expect all the fastest-paying USA sports betting sites to employ the same general process):

  1. Follow any link here to Bovada or another USA MatchPay sportsbook, and become a member by clicking or tapping the “Sign Up” or “Join” button (usually in the top right corner of the screen).
  2. Enter your real name, phone number, address, and other requested data. You must use your actual information for account creation, as all the best USA sportsbooks require you to prove your identity in order to withdraw your winnings. Please do not use a VPN service when signing up or gambling at any USA-friendly online sportsbook.
  3. After creating your account, you will be shown your deposit options. Select MatchPay from the menu. If you aren’t already a MatchPay member (you can also join MatchPay at MatchPay.app), you’ll get a pop-up allowing you to create your MatchPay Trader account. This will require a working phone number and a real email address for account verification.
  4. Once you’re a MatchPay Trader, you will be redirected back to your sports betting site. Here, enter your MatchPay ID and the amount of money you wish to deposit into your account.
  5. MatchPay will automatically find a fellow sports betting site member who has earmarked their money for the MatchPay service. Once you are paired with this member, you can choose to transfer your deposit to them via services like PayPal, Venmo, Cash App, or Zelle.
  6. Once you’ve transferred your money, it will be immediately credited to your sports betting account. Both MatchPay and your sportsbook act as overseers of this process, guaranteeing that your account is funded rapidly and in full. As with the Zelle-to-Bitcoin deposit process, there is no way for a MatchPay Trader to abscond with your funds.

That’s the basic system, and all sportsbooks that support MatchPay will employ a similar setup. Again, MatchPay is the only way to make PayPal, Venmo, Cash App, or Zelle Pay deposits at legal offshore betting sites, and until these P2P payment services change their gambling policies, MatchPay will be the only way to do this.

Venmo Sportsbook

MatchPay Sports Betting Same-Day Payouts

In addition to making PayPal deposits and other P2P deposits with MatchPay at sites like Bovada, members who sign up as MatchPay traders can also get same-day payouts. Up until now, Bitcoin and other cryptos have been the only banking method to allow for same-day payouts from overseas USA sports betting sites.

Now, however, any member that uses MatchPay can earmark a portion of their eligible-to-withdraw balance to transfer to other MatchPay Traders’ account balances. This effectively allows sellers to claim same-day payouts via PayPal, Venmo, Cash App, and Zelle.

While the MatchPay process uses automated pairing, you may not always get same-day payouts going this route, but you usually will, and the transactions have no added fees and conclude in just minutes. Best of all, unlike Bitcoin sports betting payouts or other crypto withdrawals, that money comes to you in USD, ready to spend stateside without any conversions or exchanges.

MatchPay Sportsbook Pros

  1. Make PayPal online sports betting deposits
  2. Make Venmo online sports betting deposits
  3. Make Cash App online sports betting deposits
  4. Make Zelle online sports betting deposits
  5. Fast transfers – Transactions complete in under 10 minutes
  6. No fees – Keep more of your bankroll when depositing or withdrawing
  7. Valuable sports betting bonuses for new deposits + account reloads
  8. 100% Guaranteed – MatchPay and your sportsbook site both manage the transfer process for safety and reliability
  9. Same-day payouts in USD via popular P2P money transfer services

MatchPay Sportsbook Cons

  1. Currently limited to Bovada Sportsbook
  2. Requires signing up for the third-party MatchPay service – Another account to manage
  3. Does not support Visa sports betting deposits, Mastercard sports betting deposits, or American Express sports betting deposits
  4. Does not support international gift cards or credEcardplus sports betting deposits
  5. Does not allow members to deposit with cryptocurrency like the QuickBit QB Direct service used by some US sportsbooks

MatchPay Sports Betting Bonuses For US Players

Venmo Sportsbook

MatchPay USA sportsbook bonuses can be claimed when new or returning members use the service to fund their betting accounts. However, because MatchPay is effectively an account-to-account transfer platform, players will only be eligible for the standard deposit and reload bonuses on offer.

If you want the absolute best bonuses, then cryptocurrency deposits (i.e. BTC deposits, Ethereum deposits, Litecoin deposits, DASH deposits, etc.) are best. That said, the tradeoff is that MatchPay allows bettors to use the most convenient and popular USA P2P payment methods, so PayPal gambling deposits and other app transfers are finally on the table!

MatchPay Mobile Sportsbook Banking

Like the top US sports betting sites themselves, MatchPay is fully accessible by mobile, regardless of whether you’re using an iPhone, iPad, Android phone, or any other modern device. The service is web-based, but given the fact that it’s brand new, you can expect to find a dedicated MatchPay iPhone app and MatchPay Android app in due time.

Regardless, as long as you have a mobile device, an up-to-date web browser, and a live network connection via cellular Internet or Wi-Fi, you can use MatchPay and your favorite mobile sports betting sites all in one tidy package that fits right in your pocket or purse.

For betting on the go – and bet funding on the go – MatchPay is the perfect solution to use in conjunction with your PayPal app, Venmo app, Cash App account, or Zelle app.

MatchPay is an account-to-account transfer service that lets members of online retailers or services buy all or part of eligible account balances from other members using popular P2P payment methods like PayPal, Venmo, Cash App, and Zelle Pay.

Online United States sportsbooks are some of the first sites to embrace the new MatchPay option to help make deposits quick, simple, safe, and convenient.

MatchPay works by matching members of retail and merchant sites with one another so they can transfer account balances. This allows buyers to utilize more payment options than the merchant site may natively allow, as is the case with US online sportsbooks.

With sportsbooks operating overseas unable to directly accept PayPal, Venmo, etc., MatchPay opens up the option to use these funding methods in a roundabout but convenient and easy way.

Yes! If you live in the USA and are a member at a betting site that supports MatchPay, the service is totally legal to use. There are no USA gambling laws that prevent MatchPay from helping match you with private buyers and sellers of legal sports betting account balances.

Remember, MatchPay is simply a third-party service that lets members of sites buy and sell each other’s account balances via PayPal, Venmo, Cash App, and Zelle Pay. As long as you’re at least 18 years of age, have accounts with any of the above P2P payment platforms, and an account with a MatchPay sportsbook, you’re good to go!

Though MatchPay is a brand-new financial trading service, it is a legitimate platform that offers guaranteed transactions to make funding your online betting account with services like PayPal a reality. The best evidence of MatchPay’s legitimacy is that Bovada – America’s most popular and trusted sportsbook – has chosen to adopt the service.

Bovada is notoriously picky in the deposit and withdrawal methods it supports, putting user experience and reliability above all else. In short, Bovada’s done its homework with MatchPay, and since you can trust Bovada, you can trust MatchPay, too.

Venmo sportsbook sign in

MatchPay, when used in conjunction with any reputable online service provider (i.e. a trusted USA betting site like Bovada), is very safe and secure. Account transfers are overseen by MatchPay and your sportsbook itself, and there are also guarantees built into the payment systems utilized (PayPal, Venmo, Cash App, Zelle).

When you make an online sports betting deposit with MatchPay, you can rest assured that your account will be credited with your full deposit amount within just a few minutes.

Yes. USA MatchPay sports betting deposits (and payouts) are guaranteed by your sportsbook, by MatchPay itself, and by the operational terms and conditions used by the P2P payment services (PayPal et al.) that MatchPay supports.

As of Q3 2020, only Bovada uses MatchPay. Of course, given that Bovada is the most popular United States sports betting site, this is hardly a limitation. Still, we expect other top-rated USA bookmakers to come online with MatchPay support sooner rather than later.

Yes. MatchPay memberships are totally free, and there are currently no added fees when using the service to fund your online sports betting account.

PayPal, Venmo, Cash App, and Zelle Pay could all theoretically charge small service fees, though because MatchPay lets members place private person-to-person transactions, these fees are generally not in play.

Draftkings Sportsbook Venmo

All sports betting sites have deposit limits for most banking methods, and MatchPay is no different. However, the limits currently in place at Bovada ($20 min., $1000 max.) are certainly good enough for the vast majority of players.

Online Sportsbook Venmo Deposit

If you need a higher limit, we recommend using Bitcoin or another supported cryptocurrency instead of MatchPay.

Sportsbooks That Accept Venmo

As with deposit limits, MatchPay sports betting sites also have withdrawal limits. At Bovada, the MatchPay payout limits are currently set to a minimum of $20 and a maximum of $1000, with two MatchPay transactions being allowed per day.

Sportsbooks Get Into The Holiday Spirit
by Jeremy Martin
The holidays have always been a time of giving. And sportsbooks in Las Vegas and overseas also tend to get into the spirit during this time of year.
Their gifts to bettors are points via weak lines. And these presents are anything but intentional. The sportsbooks are in business to make money, but they are so overwhelmed in November and December with the high volume of sports and games in the rotation, that it takes a Herculean effort by their staffs just to stay one step ahead of the bettors.
Most of the energy for sportsbooks during the holiday season is directed towards NFL football, which is universally considered the big money maker for betting shops and the hardest for gamblers to win at. College football is also a big draw for bettors, and with the season winding down the sportsbooks have a pretty good handle on their numbers heading into the Bowl season.
But from that point, the waters get murky for the books.
You have the NHL and NBA seasons getting underway in October. There are so many games on the board and so many new players on the teams that the numbers tend to be weak, especially at the beginning of the season. Then college basketball starts in November and that just adds to the laundry list of games the oddsmakers must tend to each day. Plus, when you throw in sports like golf, tennis and auto racing that take place year around, the sportsbooks have their hands full.
So how can bettors take advantage of the overworked oddsmakers? The key is to create a niche and develop a strategy - and stick with it.
Sportsbook managers have told me that the NHL and college basketball are some of the hardest sports for them to make money at. Those are two good places to start. Developing a specialty is important because you can do what the sportsbooks only wish they could do. You can focus certain sports, and limit your research to a small percentage of what they have to oversee every day.
It doesn't take much time to keep track of a small group of teams in the NHL or a particular conference in college basketball. One to two hours a day of Internet research can translate into great profits at the betting window (or your online account, if you bet offshore). There is a wealth of information out there on any team on the betting board at your favorite sportsbook, and all you need to do is find that information and stay on top of it.
Many bettors who consistently make a profit wagering on sports take their niche even further. Some may limit themselves to betting just NHL or NBA totals. Savvy bettors who stay with their niche can often spot a weak line immediately. There are soft lines out there every day, and it's your job to find them. If all of the lines were solid, there wouldn't be so many individuals who make their living by betting on sports.
For most people, however, sports wagering is not a way of life, it is more of a hobby and a way to make a little extra cash. Professional sports bettors have a hard life and often the toughest part of their job is simply finding a sportsbook to place a bet with. Books have nothing to gain by taking business from people who make a living by beating them and they often limit their action or ban them altogether. Most of the pros bet the limit on every game and spend the majority of their days monitoring line movements.
But the low to mid-range bettors can make a nice profit without raising any red flags from the sportsbooks. When a shop has thousands of dollars riding on a small conference college basketball game, a nickel or dime loss isn't going to send them to the poorhouse. Flying under the radar is the best way to go when dealing with betting establishments, as any professional gambler would tell you.
The best strategy for betting, especially at this uncertain time of year for the sportsbooks, is to bet early in the morning, preferably soon after the lines come out. This is when the numbers are at their most vulnerable state. The bookmakers know that their lines aren't solid on some of the lesser-bet sports, and they also know that the majority of action is coming from knowledgeable bettors. The lines will move quickly, and - for the most part - in the wrong direction.
There are also ample opportunities to 'middle' the books during this time of year. You will find situations where you like one team in the morning because you think the oddsmakers have issued a weak number, but by the time the game goes off the number has swung several points in the other direction due to heavy action from the pros. If you bet the other side with the inflated number, you have the chance of the actual outcome of the game landing somewhere in the middle of your two bets, causing you to win both, while risking only your vigorish. Fluctuations of three or four points in the NBA or college basketball are not entirely uncommon during this time of year from the time the numbers are released until game time. This is one of the most low-risk investments in sports betting.
So take the gift that the bookmakers are offering this holiday season and win like the pros. It takes some time and effort, but so does anything else that makes you a profit.