PayPal's Acceptable Use Policy explicitly prohibits transactions related to gambling activities, particularly with offshore operators. This restriction affects virtually all international sportsbooks, not just Bovada.
Key Reasons:
- PayPal Policy: Gambling transactions violate PayPal's terms of service
- Regulatory Compliance: PayPal must comply with US financial regulations
- Risk Management: Gambling transactions are considered high-risk by payment processors
- Chargeback Issues: Gambling-related disputes create complications for payment processors
Good News: Bovada's payment alternatives are often faster and more secure than PayPal for gambling transactions.
Deposit Methods
- Credit Cards: Visa, Mastercard, American Express
- Cryptocurrency: Bitcoin, Bitcoin Cash, Litecoin, Ethereum
- Bank Transfer: Direct bank transfer
- Vouchers: Prepaid vouchers
Withdrawal Methods
- Cryptocurrency: Bitcoin (fastest option)
- Check by Courier: Physical check delivery
- Bank Transfer: Wire transfer to your bank
| Payment Method | Processing Time | Fees | Min/Max |
|---|---|---|---|
| Credit Card | Instant | 5.9% | $20 - $1,500 |
| Bitcoin | 15 minutes | Free | $20 - $5,000 |
| Bank Transfer | 1-5 business days | Free | $50 - $3,000 |
🥇 Bitcoin (Recommended)
The best PayPal alternative for Bovada users.
- ✓ No fees on deposits
- ✓ Fastest withdrawals (15 minutes - 1 hour)
- ✓ Higher deposit limits ($5,000)
- ✓ Enhanced privacy and security
🥈 Credit/Debit Cards
Most familiar option for PayPal users.
- ✓ Instant deposits
- ✓ Widely accepted (Visa, Mastercard, Amex)
- ✓ Familiar payment method
- ✗ Higher fees (5.9%)
🥉 Bank Transfer
Secure option for larger deposits.
- ✓ No fees
- ✓ High security
- ✓ Higher limits
- ✗ Slower processing (1-5 days)
If PayPal is essential for your betting needs, consider these regulated US sportsbooks:
Note: These sportsbooks are only available in states where online sports betting is legal.