PayPal is the best-known electronic wallet you can use. PayPal serves as a waystation for your online funds and may provide you more options for depositing.
Check out our PayPal page for more information.
Venmo is a convenient, mobile-first e‑wallet owned by PayPal, now accepted at top U.S. online casinos. With instant deposits and fast withdrawals (often under 48 hours), Venmo makes managing funds quick and easy—no bank or card details shared directly with the casino. Read on to learn how Venmo works, which casinos support it, fees, limits, and key security tips.
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Venmo is a popular e-wallet owned by PayPal Holdings Inc. It has traditionally specialized in peer-to-peer payments between friends and family members, allowing them to split bills for movies, dinner, rent, and so on. Venmo also includes a social network aspect.
However, Venmo is now increasingly offered as a standard casino deposit and withdrawal option at businesses such as online casinos. It facilitates instant deposits, and it is one of the fastest withdrawal options, too. You can create a Venmo account via the mobile app or website. Just provide a valid email address and phone number to get started.
🏛️ Casinos Accepting Venmo | DraftKings, FanDuel, BetMGM, Caesars |
🥇 Best Venmo Casino | DraftKings |
⏱️ Best Processing Time | FanDuel (often within 1 hour) |
💵 Avg. Minimum Deposit | $10 |
💰 Avg. Max Withdrawal Amount | $2,999.99 |
💲Fees | No casino fees; Venmo standard limits apply (no cost), bank transfer fees may apply. |
DraftKings Casino is the best online casino for Venmo payments. It offers free, instant deposits starting at just $5, and you can also use Venmo for fast payouts.
Venmo withdrawals are available from $1 to $20,000 per transaction. If you would like to make a larger withdrawal, the upper limit for PayPal is $60,000, online banking is $100,000 and bank wires are unlimited.
DraftKings offers a large range of real money slots and table games, with lots of exclusives. The user experience is simple, and it provides some of the largest bonuses in the industry too. Be sure to check out our DraftKings Casino promo code page for the best offers.
FanDuel Casino offers faster Venmo payouts than rival online casinos. Most payout requests are approved within an hour, and the funds should then show up in your Venmo account in just a couple of minutes.
This online casino does not feature as many slots and table games as DraftKings, but it offers a beginner-friendly interface and better customer support.
The FanDuel Casino app also has better average user ratings than rival casinos on Google Play and the App Store. It provides regular bonuses too, including a daily spin on the Reward Machine. Check out our FanDuel Casino promo code page for more details.
BetMGM Casino is the best Venmo casino for anyone seeking ongoing casino rewards. It is part of the MGM Rewards program, which also covers land-based casinos such as Bellagio in Vegas, Borgata in Atlantic City and MGM Grand Detroit.
You will receive 20 points for every $100 wagered on slots, 10 points for every $100 wagered on progressive jackpots and 4 points for every $100 wagered on table games.
The points can be redeemed for bonus credits, along with rewards at land-based casinos owned by MGM Resorts International.
Depositing with Venmo is a straightforward process at the top online casinos. This section explains how to do so at DraftKings Casino, but the process is similar at rival operators such as BetMGM and FanDuel.
Log into your account and hit the “Deposit” option in the top right corner of the app or the website. Choose one of the prepopulated deposit amounts or type a custom amount in the box provided.
Select the Venmo button displayed within the grid of available payment methods and tap or click “Continue.”
Once you’re on the Venmo login page, you can quickly sign in and authorize the payment by tapping the “Agree & Complete” button. The funds will then be available in your account immediately.
Read more: Minimum deposit casinos
You can also quickly withdraw your online casino winnings via Venmo. Just bear in mind that your Venmo withdrawal cannot exceed $20,000. Follow these steps to get paid out using Venmo at DraftKings Casino.
Click your account icon to view your playable balance. Select “Withdraw” to request a payout.
The page will display your withdrawable balance. Enter the amount you would like to withdraw and click “Continue.”
You will receive an email confirming your request. A member of the team will review and approve the request, and the funds will then be released. DraftKings advises casino customers that Venmo withdrawals can take up to two days after you make the request, but the funds often arrive more quickly.
Read more: Fastest paying casinos
Venmo is quickly becoming a go-to option for online casino players who value speed and simplicity. But like any payment method, it has its advantages and limitations. Below is a breakdown of the key pros and cons to help you decide whether Venmo is the right fit for your deposit and withdrawal needs.
The table above highlights a few disadvantages to using Venmo at online casinos. These are some of the alternatives to consider.
You can use Venmo for online casino deposits at certain sites in New Jersey, Pennsylvania, Michigan, West Virginia, and Connecticut. Just visit the payments page of any online casino to check whether Venmo is accepted.
Venmo is accepted at BetMGM, DraftKings, and FanDuel. You can use Venmo for deposits and withdrawals at those sites, which do not charge fees for Venmo payments.
The minimum deposit through Venmo at an online casino is usually $5 or $10, depending on the site. You can withdraw up to $2,999.99 per transaction and up to $5,999.99 per week via Venmo, so alternative methods are better suited to high-stakes players.
Once approved, Venmo withdrawals generally take less than an hour at online casinos. You need to wait for the online casino to process and approve your payout request before the funds will be released. The length of that procedure will vary from one casino to the next, but the best online casinos often approve withdrawal requests on the same day they are made.
You can transfer the funds in your Venmo wallet to your bank account. There are two options: instant, which incurs a small fee; or standard, which can take 1-3 business days. Venmo also offers a debit card, which you can use to make cash withdrawals at an ATM.
Absolutely. Venmo is encrypted and regulated, and requires KYC checks. But since its default social feed is public, users should set gambling-related transactions to “Private.”
PayPal and Venmo are both part of the same group, PayPal Holdings Inc., so they offer similar security measures. Both providers protect your transactions with the latest encryption measures and two-factor authentication. However, some businesses may find that the security measures at PayPal are more robust.
We have compiled in-depth banking guides to all the main deposit and withdrawal options available at legal online casinos. Check out these additional guides to learn more about alternative options to Venmo.
PayPal is the best-known electronic wallet you can use. PayPal serves as a waystation for your online funds and may provide you more options for depositing.
Check out our PayPal page for more information.
Play+ prepaid cards allow you to have a separate area for your online casino funds. Best of all, you can usually get an online casino-branded card, and transactions are among the speediest.
Many people use the online banking or bill pay functions to pay their bills and make other transactions online. You can also use this function with legal online casinos, too.