Best Venmo Sportsbooks May 2025

Top Venmo Sportsbooks and Reviews

The rapid evolution of digital payment solutions has ushered in a new era for online transactions, especially in sectors like online sports betting. Among these modern payment systems, Venmo stands out as a very popular peer-to-peer payment platform known for its convenience and social features. Owned by PayPal, Venmo facilitates easy cash transactions between individuals and incorporates a social media aspect where users can publicly share their transactions. 

As online betting continues to expand widely in the United States, Venmo's integration into this industry is impactful as well. We at Action Network wrote this article to dive into the landscape of betting sites that accept Venmo, providing insights into their offerings and the benefits of using this payment method. If you prefer another payment method to fund your sports betting account, be sure to check out alternative options in our best sportsbook payment methods review.

🏟️ Sportsbook 🏟️

💵 Sportsbook Promo Offers 💵

🚨 Promo Codes 🚨

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🏅Caesars Sportsbook Promo Code

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🏦 The Best Venmo Betting Sites May 2025 🏦

Many of the top sports betting sites have recognized the advantages of Venmo and incorporated it as a payment option. All of the platforms listed below are some of the best sportsbooks that accept Venmo. Let's take a look:

bet365 Sportsbook 🏟️

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🏦 bet365 Venmo Tutorial: In your bet365 account, click deposit, payment method, then choose "Venmo" in the dropdown list.

Bet365 Sportsbook is a highly rated sports betting platform known for its user-friendly interface, competitive sports betting odds, and wide range of betting options. The bet365 app offers a smooth experience with real-time updates, live streaming, and accepts Venmo. We believe it is a top choice for sports bettors to enjoy all the time.

Fanatics Sportsbook ⚾

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🏦 Fanatics Sportsbook Venmo Tutorial: At the top right of your Fanatics Sportsbook account, click deposit. Look down and choose the "Venmo" square.

Fanatics Sportsbook gives bettors a great mobile sports betting experience, featuring intuitive live betting, streaming, and a standout FanCash rewards program (we love this part). Its seamless blend of sports retail and betting makes it a fresh and engaging option for passionate sports fans to use as a top Venmo sportsbook.

BetMGM Sportsbook 🦁

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🏦 BetMGM Venmo Tutorial: Click the deposit button in the top right of BetMGM Sportsbook. Look down the list and pick Venmo as your payment method.

Another prominent name in the sports betting industry, BetMGM, has embraced being a Venmo betting site. Known for its comprehensive betting markets and user-friendly app, BetMGM offers bettors a reliable platform for placing wagers. Venmo's inclusion further streamlines the deposit and withdrawal processes, catering to a broader audience.

Caesars Sportsbook 🥊

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🏦 Caesars Sportsbook Venmo Tutorial: Click on your profile in the top right of the Caesars Sportsbook app. Then choose Deposit or Withdraw, and Venmo will appear as a banking option for you.

Caesars Sportsbook stands out for its robust live betting experience, including exclusive NFL live streaming directly within the app. It features a wide range of betting markets, a user-friendly interface, and the Caesars Rewards program, which adds extra value through redeemable perks at Caesars properties. It is another top Venmo betting site to use for us.

DraftKings Sportsbook 👑

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🏦 DraftKings Venmo Tutorial: Click on the Deposit button in the top right section of the DraftKings mobile app. From there, you can choose Venmo as your payment method when sports betting on DraftKings.

DraftKings, a leader in daily fantasy sports and sports betting, has also adopted Venmo payments. The platform provides a diverse range of betting options, including live betting and fantasy leagues. The integration of Venmo simplifies financial transactions, allowing users to focus on their gaming strategies.

ESPN BET 🏀

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🏦 ESPN BET Venmo Tutorial: Once you've signed into your ESPN BET account, click your profile in the top right. Look down at the "Wallet" section and choose to either Withdraw or Deposit. From there, you can pick Venmo so that you can make Venmo deposits or Venmo withdrawals.

ESPN BET is a mobile-exclusive sportsbook that launched in November 2023 through a partnership between ESPN and PENN Entertainment. It offers a user-friendly app with features like live betting, early cash-out options, and Same Game Parlays (Parlay+). The app also integrates with ESPN Mint, allowing users to earn rewards while betting. ESPN BET's integration with ESPN’s media content and sleek interface make it a top choice for Venmo sports bettors.

Learn more about ESPN BET by checking out our ESPN BET Promo Code review!

BetRivers Sportsbook 🏟️

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🏦 BetRivers Sportsbook Venmo Tutorial: In your BetRivers Sportsbook account, you can simply click the cashier section of your account to find Venmo.

BetRivers Sportsbook offers a wide range of betting options, including live betting, same-game parlays, and early cash-out features. Its mobile app is user-friendly, and the iRush Rewards program adds extra value for loyal bettors, making it a solid option as a Venmo betting site.

Learn more about BetRivers by checking out our BetRivers Promo Code review!

betr Sportsbook 🥊

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🏦 betr Sportsbook Venmo Tutorial: Go to your banking options in your betr account, then choose Venmo deposits or Venmo withdrawals.

betr Sportsbook isn't in many states, but it is still a great choice for those using the Venmo app to bet on sports.

Learn more about betr Sportsbook by checking out our betr Promo Code review!

FanDuel Sportsbook 🏈

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🏦 FanDuel Venmo Tutorial: Once you're signed into your FanDuel Sportsbook account, click on your profile. From there, you can click on either Withdraw or Deposit. Then, you can pick Venmo as your sports betting banking option.

FanDuel Sportsbook is one of the market leaders in the sports betting world. They will always be a great choice for anyone who wants to use it as a Venmo betting site.

Learn more about FanDuel by checking out our FanDuel Promo Code review!

How to Use Venmo for Sports Betting

For those interested in using Venmo for sports betting, the process is generally straightforward:

  1. 1. Create a Venmo Account: Sign up for a Venmo account if you don't already have one. You'll need to link it to either your bank account or debit card.
  2. 2. Choose a Venmo-Compatible Sports Betting Site: Select a betting platform that accepts Venmo payments. Ensure that it is reputable and offers the sports betting options that you prefer.
  3. 3. Deposit Sports Betting Funds from Venmo: Navigate to the payment section of the site, select Venmo as your payment method, and enter the desired deposit amount.
  4. 4. Place Your Sports Bets: Once your mobile sports betting account is funded, explore the betting markets and place your wagers.
  5. 5. Withdraw Winnings: If you win, you can withdraw your sports betting earnings through Venmo, subject to the site's withdrawal policies.

The Rise of Venmo in Online Transactions

Venmo has transformed the way people manage financial transactions, offering a streamlined process that appeals to the digital-savvy generations of the modern world. Its integration into social networks allows users to share payment activities with friends, adding a unique social layer to financial exchanges. This distinctive feature has contributed to Venmo's popularity, making it a preferred choice for many, including those involved in online sports betting.

Why Venmo Is Gaining Popularity in Online Sports Betting

Several factors contribute to the growing popularity of Venmo at online sports betting sites:

  1. 1. Ease of Use: Venmo's user-friendly interface simplifies the payment process, making it accessible even to those who are not tech-savvy.
  2. 2. Instant Transactions: Unlike traditional banking methods that may take days, Venmo facilitates instant money transfers, which is crucial for bettors looking to place timely wagers.
  3. 3. Security Features: As a subsidiary of PayPal, Venmo benefits from robust security protocols, ensuring users' transactions and data are protected.
  4. 4. Social Interaction: The ability to share transaction details with friends enhances the social experience, making betting more engaging.

Benefits of Using Venmo for Online Sports Betting

Using Venmo as a payment method on betting sites offers several advantages:

  1. 1. Convenience: Venmo's straightforward setup and operation enable users to manage their betting finances effortlessly.
  2. 2. Speed: The immediacy of transactions means bettors can deposit and access their funds without delay, allowing them to capitalize on live betting opportunities.
  3. 3. Security: Backed by PayPal's security framework, Venmo provides a safe environment for financial transactions, giving users peace of mind.
  4. 4. Social Features: Sharing betting experiences with friends can enhance the social aspect of online betting, making it more enjoyable and interactive.

Using Venmo for Live Betting

Watching a football game or soccer match is already a blast for us, but adding a live bet into the mix can take the excitement to another level. Venmo makes it super easy to jump into the action with its fast and straightforward transaction process. Here’s how you can use Venmo for live betting while enjoying a sporting event with friends or even just chilling at home.

Placing a Live Bet With Venmo Sportsbooks

Picture this: you're on the couch or at your favorite sports bar, watching your team play. The game is intense, and you spot a perfect chance to make a live bet. Here’s how Venmo helps you get in on the action:

  1. 1. Open Your Betting App: Log into the sportsbook app or site that takes Venmo. Make sure you’re all logged in and ready to go.
  2. 2. Go to Live Betting: Head over to the live betting section, where you can see all the real-time action and odds. Find the football game you’re watching.
  3. 3. Pick Your Bet: Decide what you want to bet on, like who’s going to score next or who will win the quarter.
  4. 4. Deposit Money with Venmo: Go to the deposit section, choose Venmo, and enter how much you want to put in. The money should show up in your account almost immediately, so you don’t miss out.
  5. 5. Place Your Bet: With your account funded, go ahead and place your bet. Then sit back and enjoy the game with a little extra excitement!

Our Tips for Live Betting with Venmo Sportsbooks

  • Set a Budget: Before the game, decide how much you’re willing to bet. This helps keep things fun and stress-free.

  • Keep an Eye on the Game: Stay updated on what’s happening so you can make smart bets.

  • Use Venmo’s Social Features: Share your betting wins or just the fun moments with friends on Venmo. It can make the experience even more fun!

  • Check Your Privacy Settings: If you don’t want everyone to see your betting activity, make sure your transactions are set to private.

Using Venmo for live betting while watching a football game can crank up the excitement. It’s quick, easy, and adds a whole new layer of fun to the game. By following these simple steps, you can enjoy every moment, from the kickoff to the final whistle. Remember to bet responsibly, and most importantly, have a great time!

Challenges and Considerations of Venmo Sportsbooks

While Venmo offers numerous benefits, there are some considerations and challenges associated with its use in online betting:

  • Limited Availability: Despite its growing popularity, not all betting sites accept Venmo. Users need to verify the availability of Venmo as a payment option on their preferred platforms.

  • Transaction Limits: Venmo may impose transaction limits, which can affect high-stakes bettors who require larger sums for their wagering activities.

  • Privacy Concerns: The social nature of Venmo could lead to privacy issues if users inadvertently share sensitive transaction details. It's essential to manage privacy settings carefully.

Venmo Betting Sites and Responsible Gambling

Safe sports betting practices are the most important part of enjoying mobile sports betting. Use our many responsible gambling resources to make sure that you continue to have fun when using your Venmo account to bet on sports in your state.

Best Venmo Sportsbooks Conclusion

Venmo's integration into the online betting industry represents a significant advancement in payment technology. The platform offers users a fast, secure, and social way to manage their betting finances. While it is not universally available on all platforms, its adoption by key players like bet365, BetMGM, and DraftKings highlights its high potential in the industry. As the online betting landscape continues to evolve, Venmo's role is likely to expand, providing bettors with even more options to enhance their gaming experience. As always, users should remain mindful of the challenges and exercise caution to ensure a safe and enjoyable betting journey.

Steven Petrella Author Image

Steve has been with Action Network for more than six years and is currently the Director of Commercial Content at Better Collective US. He specializes in written content covering the latest in sports and betting.

He previously ran the Action Network's editorial team, which specializes in betting advice on specific games and slates, betting education, and more. Steven got his start betting about 10 years ago, and got his first job in the sports betting media industry since 2015. Prior to joining Action in 2018, he worked for Sporting News, MLB.com and Cox Media Group.

As a New Jersey resident, he's tested and used almost every sports betting app on the market.

More from Steven Petrella
Best Venmo Sportsbooks FAQs
Does DraftKings accept Venmo?

Yes, DraftKings Sportsbook accepts Venmo as a banking option for sports betting. DraftKings Sportsbook is one of many official Venmo betting sites.

Can I use Venmo to gamble?

Yes. You can use your Venmo account to deposit and withdraw funds to your Venmo betting site in legal sports betting states.

How do I deposit at sportsbooks with Venmo?

Check the deposit option at your online sportsbook. If it is a Venmo betting site, you should see an option to link your Venmo account to the mobile sportsbook. Once you've linked your Venmo account to the mobile sportsbook, you can then deposit funds from Venmo to the sportsbook and place wagers.

How long to payout from Venmo?

Sportsbook payouts from Venmo betting sites typically take between 1-3 days. Some users have reported that their sportsbook winnings come within 24 hours, while others say it can take a couple of days.

Can I get sportsbooks promos using Venmo?

Yes, you can use Venmo betting sites to get new user promos for mobile sports betting. Simply follow the terms and conditions of the welcome bonus and choose Venmo as your banking account.