Venmo Sportsbook

Venmo is a P2P (peer-to-peer) instant-pay platform that is a subsidiary of the popular PayPal service. Venmo allows users to send money to one another instantly, and over 60 million US residents use Venmo every day. Essentially, Venmo is a quick, convenient way to transfer funds to private individuals and businesses, and it works like digital cash. The Venmo Credit Card is issued by Synchrony Bank pursuant to a license from Visa USA, Inc. The information about the costs of the card described above is accurate as of August 1, 2020. This information may have changed after that date. BitCoin, CashApp, Venmo, PayPal, Apple Pay Why Global Sportsbook? EASY DEPOSIT OPTIONS. ONLINE SINCE 2001. A+ RATED REVIEW. 24/7 VIP SUPPORT MILLIONS OF SATISFIED CUSTOMERS. 1000+ SPORTSBOOK MARKETS AVAILABLE $29,864,768 CASINO JACKPOTS PAID. 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. Venmo is a digital wallet that makes money easier for everyone from students to small businesses. More than 60 million people use the Venmo app for fast, safe, social payments. Fast, safe, social payments. Join more than 60 million people who use the Venmo app.

• Venmo Sportsbook
• Can You Use Venmo For Gambling

Venmo Sportsbook

Breaking: Bovada has removed the MatchPay banking option from its deposit and withdrawal menus. It is currently unclear whether this is temporary or permanent, and this page will be updated as soon as more information is released. However, if you're looking for fast, easy ways to load up your betting account, you can still take advantage of Bitcoin, Bitcoin Cash, Bovada Vouchers, Zelle-To-Bitcoin options, Stellar, and more. Some sites also support QB Direct for rapid Litecoin deposits. All of these options allow for same-day payouts at legal online betting sites.

There’s a brand-new deposit method trending at the best international betting sites for US players, and it’s called MatchPay. Bovada is the first site to support the new payment option, and it’s a gamechanger. In short, MatchPay lets online gamblers purchase portions of the account balances of other members at the same site, using that money to top off their own accounts. It’s simple, fast, secure, and safe.

Just like Internet betting banking methods got a shot in the arm when operators started to accept Bitcoin gambling deposits, legal online MatchPlay gambling sites now let USA members effectively deposit using PayPal, Venmo, Cash App, and Zelle!

Because these overseas sites are geographically precluded from directly accepting PayPal and the other aforementioned person-to-person money transfer options, that leaves a lot of potential members without a convenient way to get in on the action. MatchPay changes all that in one fell swoop, and our brief guide will tell you everything you need to know about this exciting new banking option.

Is It Legal To Use MatchPay Deposits For Online Gambling?

Absolutely. The MatchPay service is available to all US customers aged 18 and up, which is the same age you have to be to register for real money gambling at the best online casinos, sportsbooks, and poker rooms.

Just as there are no federal US gambling laws that bar online gambling with licensed and regulated overseas betting sites, there are no legal barriers for those who wish to use MatchPay to fund their online gambling activities.

As long as you have a PayPal, Venmo, Cash App, or Zelle account, you can use MatchPay to purchase a fellow gambler’s account balance (or portion thereof) to apply to your own account.

Real Time Gaming + Rival

As usual, Bovada is paving the way by being the first major US betting site to support MatchPay account-to-account transfers. As the number-one all-in-one casino, sportsbook, and poker site on the Internet, Bovada has been the best in the business for a generation, and the brand has never missed a single payout for any of its millions of USA players.

With a full casino offering over 200 virtual games, a live dealer casino for the most popular classics like online blackjack and roulette, a full international sportsbook with odds on every major league in the world, and a racebook featuring daily horse races from the US and abroad, Bovada is the perfect place to start your legal online gambling career.

• Operates under the license of the world famous Bodog brand

• Offers MatchPay support for PayPal, Venmo, Cash App, and Zelle

• Full iPhone + Android support for all gambling markets

Best Online Gambling Sites That Accept MatchPay Deposits

Because MatchPay is such a new service, Bovada is currently the only online gambling site that supports the revolutionary new person-to-person payment method. However, it’s obviously going to be a huge hit, because players have been clamoring for PayPal, Venmo, and Cash App banking options for years.

As such, we fully expect all the best online casinos, poker rooms, and sportsbooks to accept MatchPay for legal online gambling deposits in the near future, though it will probably be Bovada’s sister sites that do so first:

• Ignition Casino
• Slots LV
• Café Casino

While MatchPay is currently limited to Bovada at launch, Bovada is an all-in-one gambling site with sports betting, a full casino (including live dealer games), a full tournament poker room, and an international racebook featuring horse racing action from around the world.

In due time, you can expect the following types of gambling sites to accept MatchPay, including Bovada’s sister sites Slots LV, Café Casino, and Ignition Casino.

MatchPay Online Casinos

MatchPay is already live at Bovada Casino, and the model used there will apply to all other legal online casinos operating outside of US jurisdiction whenever they integrate the payment option.

These casinos all offer hundreds of RNG (random number generation) games, live dealer casino games for blackjack, roulette, and baccarat, and feature every kind of electronic slot machine, video poker game, and even online bingo, keno, and more.

Being able to make PayPal casino deposits along with the other P2P instant-pay deposits supported by MatchPay will make it that much easier to play your favorite games anytime, anyplace.

MatchPay Online Poker Sites

Online poker sites will soon accept MatchPay, which is currently supported by the Bovada Poker suite. Online poker is different than video poker, focusing on multiplayer poker games that take place on the virtual felts.

You can choose from cash table play, Sit ‘N’ Go tournaments, and full-tilt poker tourneys with thousands of players and hundreds of thousands of dollars in payouts when you win.

The game types supported by MatchPay poker rooms are the traditional classics: Texas Hold ‘Em, Omaha, and Omaha Hi/Lo.

Matchpay Online Sportsbooks

Online sports betting requires the fastest deposits of all legal gambling markets. While you can always jump into a fresh slots or poker tournament, sports is time sensitive, and the odds move almost by the minute.

When you see a line you like, you need to get money into your account ASAP, because if there’s any delay at all, you could miss out on valuable moneylines, spreads, and props.

For this reason, most legal online sportsbooks are sure to follow Bovada’s lead and host MatchPay sports betting in the near future.

MatchPay is a P2P payment platform (i.e. person-to-person or peer-to-peer payment platform) that allows account holders at all kinds of online retail stores to sell all or part of their account balances to other customers of those same merchants.

These private sales are undertaken using any of the most popular online instant-payment services, including the following:

• PayPal
• Venmo
• Cash App
• Zelle

For members (or prospective members) of US-friendly offshore betting sites, MatchPay will finally allow them to make deposits using the above services.

While these won’t be direct transfers – as you’ll still have to go through MatchPay’s third-party portal to initiate the transactions – they’re as close as US gamblers are going to get when it comes to making PayPal betting deposits, Venmo betting deposits, and Cash App betting deposits.

Though Zelle is also supported, online gamblers in the United States have been able to use Zelle to fund their betting accounts for some time.

However, to do so before MatchPay hit the scene, Zelle deposits had to first be converted to Bitcoin (via the LocalBitcoins Zelle-to-BTC process) before you could then make an online crypto deposit at your site of choice. With the MatchPay Zelle option, several steps are removed from that procedure, making your deposits even faster.

How To Fund Your Legal Online Betting Account With MatchPay

Regardless of the type of betting you plan to do (casino, sportsbook, poker, or horse racing), the method by which you deposit with MatchPay is the same.

For now, we will use the system in place at Bovada, as this is likely to be the operational template for all other legal betting sites using MatchPay going forward.

1. Sign up at Bovada by following any link on this page (if you haven’t already).
2. For new members, fill out the requisite sign-up form with your real, verifiable information. You will need to prove your identity to receive payouts, remember.
3. Once you’re a member at Bovada, select the Deposit option from the site’s Cashier page.
4. Select MatchPay.
5. Here, you will be transferred to the MatchPay service, where you will need to make a member account. You can also make a MatchPay account from the platform’s site itself.
6. Verify your phone number and email per MatchPay’s five-digit codes.
7. Once verified, you are now a MatchPay Trader.
8. Enter in the amount of money you wish to deposit into your Bovada account.
9. MatchPay will automatically locate an active Bovada member who wishes to sell you that amount, and the buyer and seller can then choose to use PayPal, Venmo, Cash App, or Zelle to complete the transaction.
10. Once the transaction is finalized, the requested balance will be deposited into your Bovada account, and you’ll be ready to wager on sports, play casino games, enter poker tournaments, and bet the ponies!

Though we used Bovada as the example, the MatchPay platform will be integrated into every site that offers support for the system. MatchPay is highly recommended to all gamblers (and potential gamblers) who wish to make fast transfers with services otherwise not accepted at the best USA gambling sites.

While we still recommend Bitcoin, Litecoin, Ethereum, Stellar, and other cryptocurrencies thanks to their enhanced bonuses and same-day payouts, MatchPay is much better and safer than using traditional debit and credit cards, as those transactions can be blocked or declined by US banks.

All of the above online gambling markets have the same PayPal, Venmo, and Cash App restrictions when it comes to the top operators’ US customers. That’s been a real problem for a long time.

But MatchPay – once instituted and fully rolled out by all the top US-facing online gambling sites in the industry – will allow more players than ever to crank the digital slots, ante up at the digital felts, and play the ponies 24/7/365.

The benefits of MatchPay are innumerable, but the system isn’t without its own drawbacks, though these are minimal in comparison.

MatchPayPros

• Allows for PayPal gambling deposits for US players
• Allows for Venmo gambling deposits for US players
• Allows for Cash App gambling deposits for US players
• Allows for Zelle Pay gambling deposits without having to go through the Zelle-Bitcoin transfer process at LocalBitcoins
• Lets members at legal online betting sites sell portions of their balances to other members, giving them access to payouts via a different mechanism
• Makes non-crypto payouts immediate by going through the MatchPay portal instead of the site’s cashier, giving players same-day payouts in many cases
• No added fees for MatchPay deposits or transfers/payouts

MatchPayCons

• Users are not eligible for enhanced Bitcoin bonuses and other crypto bonuses
• The process may be slightly delayed by inactive or inattentive sellers, though MatchPay Traders are rated and systems are in place to minimize this
• Not yet accepted by all top-rated online gambling sites – Bovada only for now

However, pay attention to bonus rollover requirements. If you’re an infrequent low-volume bettor, you’ll want to bypass any bonuses, while if you wager frequently or are a high roller, deposit bonuses can offer a significant boost to your bottom line. Some sites require the use of casino bonus codes, while others simply let you select a bonus from a list of options during the deposit process.

All of our reviews go into great detail about all of the perks and promotions each site offers to new players who signup and make a real money deposit.

In addition to being one of the best new ways to fund your online gambling pastimes and allowing you to make legitimate PayPal deposits, Venmo deposits, Cash App deposits, and Zelle deposits, MatchPay is also fully accessible for mobile gambling fans.

Since the sites we recommend here are all designed with the mobile gambler in mind by using device-agnostic technology to ensure a seamless experience for iPhone gambling and Android gambling, it only makes sense that you’d be able to use MatchPay to make mobile deposits, too.

And since your PayPal, Venmo, Cash App, and Zelle accounts are all mobile-ready as well, your smartphone or tablet is truly a one-stop shop for legal betting online.

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).

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.

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

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.

Can You Use Venmo For Gambling

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

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.

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

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.

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.

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.

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

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.