Venmo Online Gambling Guide: Best Venmo Casinos & Steps to Play There
Venmo is a mobile banking app initially adopted to split bills between family and friends. Its fast and secure nature led to PayPal purchasing it in 2013. Since then, Venmo online casinos have been slowly emerging.
Making casino payments via Venmo is similar to other eWallets. You sign-up for the service, link your card or bank account, and then make a transfer to online casinos accepting Venmo. Withdrawals work similarly, and Venmo allows for your connections to comment in a social manner when you win big at the casino.
Although just a few Venmo casino sites are currently available, players are on the lookout because the mobile banking app is already on their home screen. Our team provides a guide to making Venmo gambling transactions below, along with the list of US online casinos currently supporting it.
Venmo Online Casinos Pros & Cons
Best Venmo Online Casinos USA
Despite Venmo being around for nearly two decades, few operators have introduced this payment system. One would expect a US-dedicated banking app to quickly be implemented by online casino sites, but this hasn’t been the case with Venmo.
Our team had to do considerable research to find the listed operators, each supporting Venmo casino deposits and withdrawals. From the batch, we only selected Venmo casino sites that are licensed, offer lucrative bonuses for Venmo deposits, host a decent game collection, and allow for fast and flexible payments. Any of the above can be considered a top Venmo online casino for US players.
If you cannot find Venmo in their cashier, you can instead select PayPal and then the Pay with Venmo option to make instant payments using your Venmo Me QR code. Deposits and withdrawals begin at $20 or less with these operators.
- US Players Accepted
- Instant Payments
- Payout Speed: 0-5 days
Deposit / Withdraw:
+1
Promo code: OCC
$2000
Welcome bonus
Min Deposit: $25
- 300% Welcome bonus
- Up to $2000
- Deposit $25 - play with $100
★★★★★ 5/5
- US Players Accepted
- Instant Payments
- Payout Speed: 0-15 days
Deposit / Withdraw:
+8
Promo code: CAWELCOME100
$6000
+100 Free Spins
Min Deposit: $20
- 1st Deposit code: SS250
- 2nd Deposit code: SS100
- Same day payouts
★★★★★ 5/5
- US Players Accepted
- Instant Payments
- Payout Speed: Instant to 15 days
Deposit / Withdraw:
+10
Promo code: WILD250
$5000
Welcome bonus
Min Deposit: $20
- Promo code: WILD250
- Huge range of banking methods
- Multiple bet types
★★★★★ 5/5
- US Players Accepted
- Instant Payments
- Payout Speed: 0-15 days
Deposit / Withdraw:
+20
Code: BETCASINO
$3000
100% Bonus
Min Deposit: $25
- 500 online games
- Huge range of banking methods
- Fastest payouts
★★★★★ 5/5
- US Players Accepted
- Instant Payments
- Payout Speed: 0-10 days
Deposit / Withdraw:
+8
Code: CAS150
Promo code: CAWELCOME100
Promo code: WILD250
Promo code: WILD250
Promo code: WILD250
How to Pick a Venmo Gambling Site
Aside from the obvious requirement – featuring Venmo or PayPal payments via Venmo – such online casinos must meet a range of criteria to be considered by our team. These include:
License – we only approve Venmo casino sites licensed by an official iGaming body. This can be a US state authority like the NJDGE or offshore bodies like Curacao and Panama.
Secure and Convenient Payments – accepting Venmo isn’t the only aspect that matters when it comes to banking with an online casino. Minimum and maximum deposit and withdrawal limits must be on par with the industry while processing times and fees must be minimal to non-existent.
Gaming – playing games is at the forefront of every Venmo casino player. We only approve operators partnered with several decent iGaming vendors, including names like Betsoft, RTG, and Rival. Such operators offer a variety of games, which you can play after making your first Venmo deposit. Online slots, roulette, video poker, blackjack, live casino games, and scratchies, to name a few.
Bonuses – online casinos with no deposit bonuses can help you cash out via Venmo without even making a deposit. You can find a couple of such operators on our list. All Venmo casinos will also double or triple your first deposit up to a certain amount, often above $5000. Free spins, reload bonuses, VIP rewards, and other perks must be on the Venmo casino’s promotional page to be rated highly.
Accessibility – the same convenience offered by Venmo should be also provided by the respective online casino. Operators with casino apps or optimized mobile websites get extra points for offering the ultimate gambling experience to users.
Venmo Insights and Background 💡
Banking is ever-changing. Only a few years ago people had to visit their local branch to cash out a check or send money to a third party. Online transactions via cards or bank transfers were the first step to modern banking, but a lot of progress has been achieved since.
eWallets have brought the ultimate convenience and safety. Such payment systems allow users to keep their credit card or bank account details private, by using them as the middleman. They do require you to register for the service and transfer funds there, but everything else is done seamlessly. Such payment systems are fast, private, and follow the same security protocols as banks do.
Venmo is such a payment method, initially launched in 2009. It started as a personalized mobile banking app, employed by the average Joe to split bills with family and friends. Safety and security were maintained, although its core strengths were the non-existent fees and instant payment times. Typically, a user sign ups a Venmo account, installs the iOS or Android app, moves money into Venmo through their Bank, Card, or other eWallets, and proceeds to make lightning-fast payments to merchants online.
Adding to that, Venmo enabled users to make their transactions public. Every approved connection can comment or react to a transaction similar to a tweet. Signing up for a Venmo account is free, and users don’t need to pay any monthly fees. That’s similar to PayPal, although a huge uptick from other popular eWallets like Skrill and Neteller.
Since 2013, Venmo has been a subsidiary of PayPal, further adding to its already solid reputation. Where the two differ is the exclusive US nature of Venmo. Two other areas where Venmo is moving things forward are cryptocurrency support via its partnership with the Paxos broker, and the option to order and use a Venmo MasterCard for free on supported ATMs and cashpoints.
The excellent features highlighted above should make it obvious why casino players are constantly looking for Venmo online casinos. Although still lagging behind PayPal and Cash App online casinos in terms of reach, Venmo is slowly being supported by operators. Free and instant casino deposits and withdrawals are guaranteed with Venmo gambling sites.
Venmo Registration Process
The first step to using any eWallet service is signing up an account. This comes even before finding a Venmo online casino.
To begin, you can visit the official Venmo website and click to register.
How to deposit using Venmo
As soon as your Venmo account is set up, you can easily make payments to an online casino.
- Simply choose one gambling site accepting Venmo from our list and sign-up on their website.
- When that’s through, you can visit the cashier section and tap on the Venmo option. Some will instead offer this option after selecting PayPal.
- Enter the deposit amount you wish to transfer and follow the prompts.
- Verification will be required via your Venmo app to complete the transaction.
- The funds will be instantly deducted from your eWallet and get added to your casino account.
- Any bonus funds or free spins should also follow, and you can instantly begin playing slots or games.
How to withdraw using Venmo
If you manage to win at the casino, you can easily cash out via Venmo. A few things to ensure before visiting the cashier are that you meet the minimum withdrawal limits, don’t have any active bonuses, and have verified your account through the KYC.
When the above boxes are ticked, simply choose Venmo in the cashier, enter the amount you wish to withdraw, and confirm the transaction.
The online casino will email you as soon as they process your payment request, and the funds should instantly show up in your Venmo wallet.
Venmo gambling payments processing times and fees
Venmo online casinos don’t charge fees for deposits and withdrawals via this method. Signing up for a Vemo account and ordering the Venmo MasterCard is also free. The only time you’ll be charged for using Venmo is when transferring funds through a credit card, at a 3% rate, and when making instant Venmo payments to a Bank, at a 1.5% rate. A $2.5 – $3 fee will also be applied to MasterCard withdrawals.
We cannot stress the cost-effective nature of Venmo enough, given the 10% fees by other eWallets or banking solutions.
Fees aside, all Venmo casino deposits and withdrawals are processed instantly by the service. Online casinos are also quick to take your payments but might take up to 72 hours to process your withdrawal. As soon as they approve it, the money will be Venmoed to you instantly.
Fastest Paying Venmo online casinos
All online casinos that accept Venmo tend to facilitate quick transactions. Deposits are always instant, but withdrawals might take some time.
Choosing approved operators by our team will ensure you are not faced with unnecessary delays. Completing the online casino KYC checks before being ready for a casino withdrawal is a good way to cut down on pending times.
Venmo Account Verification
In the same way online casinos ask users to verify their accounts through ID, SSN, and Bank related documents, so does Venmo. The app’s verification procedure is only triggered when you attempt to transfer $300 or more within a week. Follow-up transactions exceeding $1000 will require additional identification.
To ensure a smooth banking experience, have your SSN at hand. You will be asked to provide a number of digits to prove your identity. This might sound like a drag, but it ensures a safe and secure banking environment.
Venmo Security & Safety Features 🔐
Venmo is a legit banking app with HQs in NY and offices in IL and CA. Being a subsidiary of PayPal, Venmo shares the same license, allowing it to operate in all US states.
Being linked to PayPal, there is no questioning the security of Venmo. All your payments are processed in an encrypted environment, with no outside leaks or hacking concerns.
If an online casino accepts Venmo, it also adds to the operator’s legitimacy. The eWallet service only does business with legit US-registered companies, to avoid being tied with any illegal activities.
Users who face issues or have concerns about the service can contact Venmo via the following:
24/7 live chat
Venmo Alternatives for Online Gambling
Unfortunately, not every online casino takes Venmo payments. This page has offered a guide and viable options for such transactions. However, if you have eyed an online casino bonus and the operator doesn’t take Venmo, there are some other good alternatives provided by the majority of US gambling sites:
🏦 PayPal – a more common eWallet gambling alternative to Venmo with similar features.
₿ Bitcoin – using crypto to make payments online provides the ultimate privacy and speed. No fees will be applied, and you can qualify for exclusive crypto casino bonuses.
💳 Credit Cards – players who aren’t keen on setting up a Venmo account can use their bank card to instantly make payments at online casinos.
FAQ’s 🙋♂️
Which online casino accepts Venmo?
Far and few online casinos take Venmo. Our team discovered that FanDuel, DraftKings, and Chumba are among the social and online casinos accepting Venmo players directly. You can also opt-in for PayPal online casinos supporting payments via Venmo, including Bovada, BetUS, and Liberty Slots.
Does Chumba Casino take Venmo?
Chumba is the only sweepstake casino in the US accepting Venmo, on top of classic credit cards. You’ll find the option under the PayPal banking method in the Chumba cashier, enabling you to buy gold coin packages and receive free sweeps coins.
How do I pay with Venmo at online casinos?
The first thing to play at Venmo online casinos is to download the banking app and register for the service. Then, you can either select Venmo or PayPal>Pay with Venmo on the casino cashier, and instantly add funds to play slots and casino games.
Is it possible to use Venmo without a card?
Yes, it is. You can transfer funds to your Venmo app via Banks, Direct Transfers, or cash at selected locations.
Can I transfer funds from Venmo to PayPal?
Yes, users can seamlessly move money from their Venmo account to their PayPal account and vice versa. To do so, you must link the same card on both services and use your bank as the mediator.
Is it possible to transfer funds from Venmo to Cash App?
Transferring funds from Venmo to Cash App is possible if you link the two apps to the same bank account. Your bank will act as the mediator between the two services, but fees will be applied.
Which countries use Venmo?
Venmo is only available in the US. The service shares the same license with PayPal and is allowed to manage payments across all states.