PayPal®: What It Is and How to Use It
What is PayPal®?
PayPal® is a fast, secure, and user-friendly online payment platform. By linking your PayPal® account to your Bally Bet Sportsbook & Casino account, you can enjoy seamless deposits and withdrawals from both web and mobile.
Getting Started with PayPal®
To use PayPal® for deposits or withdrawals at Bally Bet, you’ll need to have an active PayPal® account.
Click here to register for PayPal® or to learn more.
Depositing with PayPal®
You can fund your Bally Bet account through PayPal® using:
- A confirmed bank account linked to your PayPal® account
- Your PayPal® Wallet balance
Note: Deposits cannot be made directly with a credit card or unverified bank account. However, you may add funds to your PayPal® Wallet using a Visa® or Mastercard® debit card, then use those funds to deposit.
Learn more about funding your PayPal® Wallet here.
How to Deposit with PayPal®
- Log in to your Bally Bet Sportsbook & Casino account.
- Go to Wallet > Deposit.
- Select PayPal® as your payment method.
- You will be redirected to PayPal® to log in and select your funding source.
- Complete the transaction.
Deposits are typically instant, but may take up to 72 hours in rare cases.
Linking and Verifying Your Bank with PayPal®
To deposit via PayPal®, you must link a confirmed bank account. You can do this by:
Method 1: Instant Bank Confirmation
- Log into PayPal®.
- Go to the Wallet tab.
- Search for and select your bank.
- Click “Confirm Instantly” and enter your mobile banking credentials.
- If successful, your bank will be instantly linked.
Method 2: Random Deposits Verification
- Log into PayPal® and go to Wallet > Link a bank.
- Enter your routing and account numbers.
- PayPal® will send two small deposits within 2–3 business days.
- Once received, log back into PayPal®, go to Wallet, and confirm the deposit amounts.
You’ll receive an email once your bank is successfully linked.
Withdrawing with PayPal®
To withdraw using PayPal®:
- Click the balance icon on the top right to open the Menu.
- Under Wallet, select Withdraw.
- Choose PayPal® as your withdrawal method.
- Enter your desired amount.
- Click Withdraw to complete your transaction.
Note: You must have previously made a deposit using PayPal® to use it for withdrawals.
Withdrawal Limits
- Minimum withdrawal: $10.00
- Maximum withdrawal: $5,000.00 per transaction
Funds typically appear in your PayPal® account within 24 hours after processing.
Fees & Tax Information
- Fees: Bally Bet does not charge any fees for deposits or withdrawals via PayPal®.
- Tax Reporting: If your annual total of commercial transactions through PayPal® exceeds $600, PayPal® may issue a 1099-K form in compliance with IRS regulations.Visit the IRS website for more information here.
Need help? If you have any questions, we're available 24/7 and here to help!