If you are looking to wager with one of the new legal TN Sportsbooks, then using PayPal as a banking method is one of the fastest and safest ways to make deposits and withdrawals.
If you want to use PayPal as your banking method, then these are the TN sportsbooks and betting sites that accept PayPal:
Tennessee sports betting apps officially launched on Nov. 1, and the industry is mobile-only in Tennessee. There were just four Tennessee sportsbooks ready to go on opening day, and that remained the case for the entire first month.
PayPal plays a large role in the sports betting industry in the United States, and Tennessee is no exception. Other banking options are available in the state, but PayPal is the preferred option for sportsbooks and sports bettors.
Mobile betting on horse racing in Tennessee is another industry that is legal, and PayPal is a banking option used on that platform as well. If you are planning to bet on sports in Tennessee, then finding sportsbooks that accept PayPal is the only way to go.
BetMGM is the sportsbook arm of MGM Resorts International, which is one of the biggest gambling companies in the United States. BetMGM sportsbook has a presence in several states throughout the country, but it is looking to make a big splash in Tennessee.
BetMGM offers a nice welcome bonus for new customers, and PayPal is an acceptable payment option at the site. The welcome bonus and the use of PayPal immediately make BetMGM a great sports betting option in Tennessee.
DraftKings Sportsbook has a welcome bonus offer of up to $1,025 for new customers, which is one of the best in the industry. DraftKings was originally known for daily fantasy sports, but it has quickly grown into a leader in the sports betting industry.
DraftKings offers PayPal as an acceptable banking option, and it is one of the preferred options at the site. This sports betting site should become one of the leaders in the Tennessee sports betting industry, and using PayPal will make the banking process simple and quick.
The latest sportsbook to go live in Tennessee, William Hill, also accepts deposits and withdrawals by PayPal. All new players can get a $500 risk-free bet when they join and deposit at the book. Using PayPal with WH is fast and convenient as well as being a secure way to deposit to your betting account.
FanDuel Sportsbook is currently offering new customers a risk-free bet of up to $500 when signing up for the site, and PayPal is one way to make an initial deposit at the site. FanDuel is another site that was originally a daily fantasy sports operator but has become a major player in the sports betting industry.
There are other banking options offered at FanDuel Sportsbook, but PayPal remains the best option to use.
Action 24/7 Network is a local sportsbook, but it was available from day one in the state of Tennessee. This sportsbook might not have the credibility or popularity of some of the other sportsbooks in the state, but it is still a great Tennessee sports betting option.
Even though 24/7 Action Network is much smaller than some of the other sportsbooks in the state, PayPal is an accepted banking option at this sportsbook. Other banking options are offered as well, but the process goes much smoother when using PayPal to make deposit and withdrawal transactions.
The Tennessee Education Lottery has received several other sports betting licenses, and a few have already been approved. Next year should see the launch of a handful of new sports betting operators, and PayPal will be an available banking method at almost all of the sites.
Be sure to check out the cashier before making any banking transaction to see if PayPal is accepted by the operator.
PayPal was first launched in 1998, and it is now one of the most well-known and trusted e-wallet options on the internet. PayPal works as a third-party online money transfer program, and it is one of the preferred banking options for sportsbooks.
PayPal is a very easy program to use, and it allows sports bettors to send money back and forth quickly. PayPal is a safe and secure site, and there is never any worry about any money being lost or account information being stolen.
With more than 20 years as a third-party banking option, PayPal has emerged as a leader in this industry. Even though there are other e-wallet options available in the industry, using PayPal continues to be the brand chosen by sportsbooks and sports bettors.
There are several reasons for choosing PayPal, but speed is the most important. The processes are extremely fast when using PayPal, and the money can be transferred in minutes.
Using PayPal with a TN sportsbook is also very safe. As your card details are stored and encrypted by PayPal, you don’t need to put in any card details when making deposits or withdrawals on the operator’s site or mobile app.