E-wallet

Venmo at Louisiana Sportsbooks


Venmo (owned by PayPal) is accepted at FanDuel and a few other Louisiana operators. Deposits are instant and withdrawals are nearly as fast as PayPal, making it a top choice for users who already keep money in Venmo.

Deposit SpeedInstant
Withdrawal SpeedMinutes to hours
Typical Min$10
Typical Max$5,000 per week (Venmo limits)

Pros & cons

Pros

  • Fast deposits and withdrawals
  • Familiar interface for younger bettors
  • No sportsbook-side fees
  • Integrated with PayPal infrastructure

Cons

  • Fewer Louisiana sportsbooks support it than PayPal
  • Weekly Venmo transaction limits can constrain larger bettors
  • Venmo Instant Transfer to bank carries a 1.75% fee

Fees

No sportsbook fees. Venmo charges 1.75% (cap $25) for Instant Transfers to bank; standard 1-3 day transfers are free.

Louisiana sportsbooks that accept Venmo

For deposits (1)

For withdrawals (1)

How to use Venmo

  1. Open your sportsbook app
  2. Go to Banking → Deposit
  3. Select Venmo
  4. Approve in the Venmo app popup
  5. For withdrawals: select Venmo and the funds appear in your Venmo balance

Venmo FAQ

Which Louisiana sportsbooks accept Venmo?

FanDuel is the largest Louisiana operator that accepts Venmo. Several other operators are rolling Venmo out; check the sportsbook app for current methods.

Do I need to link a bank to Venmo?

Yes; Venmo requires a linked bank or debit card to fund deposits. A Venmo balance can also be used directly.

Other payment methods