Legal Super Bowl Betting With Venmo

There are actually no sports betting sites that use Venmo directly, as Venmo is a USA-only service on the P2P and debit sides of the equation.

This is why we only recommend using Venmo for betting on the Super Bowl – and on all other sports at legal offshore betting sites – in conjunction with gambling vouchers and the third-party MatchPay service.

Venmo credit cards can be used internationally, but there are also various issues with this that make these cards less than ideal when it comes to legal sports betting banking (see below).

You can certainly try, but we don’t recommend it.

The branded Venmo Visa card is rated for international transactions, but Visa cards are the most common targets for UIGEA interference, and Venmo itself has even stricter policies about the types of businesses for which it allows these cards to be used.

Venmo has partnered with Mastercard to bring users an official Venmo-branded debit card for use with the platform.

However, Venmo debit transactions are limited to the US only, which means you cannot use them for legal offshore sports betting or legal offshore gambling purposes.

It is 100% free to sign up with Venmo, but Venmo is not free to use.

Fees are charged for each Venmo private transfer (P2P), and when you use the Venmo Visa credit card, you’ll be charged standard Visa network fees.

The same goes for using the Venmo Mastercard debit card, unfortunately.

Yes, actually.

While no sports gambling sites that accept Venmo can do so directly (and thus cannot charge a direct fee for Venmo use), there are still Venmo fees to be aware of when using the service with betting vouchers or MatchPay.

This is a big drawback of the Venmo platform in general, as most P2P apps don’t charge fees for private person-to-person transfers.

Still, the Venmo transaction fee is fairly small at just 1.5% (maximum $15) per transfer.

Yes, there are.

If you’ve just joined Venmo and haven’t yet verified your account, you’ll have a weekly P2P Venmo transfer limit of just $299.99. However, once you’ve completed Venmo’s KYC process, your weekly limit will be boosted to $4999.99.

That said, there is no Venmo daily limit to worry about.

Of course, Venmo limits aren’t the only limiting factor. You also have to keep your sports betting site’s transfer limits in mind.

Luckily, these are fairly high, with vouchers having a $3000 max transfer limit and MatchPay having a $1000 maximum limit.

For Bovada Super Bowl gamblers who wish to transfer more than that, player transfers – which are effectively the same as sportsbook vouchers – have a $15,000 limit on all individual transfers, which is far higher than the Venmo max.

The Venmo help line can be reached at 1-855-812-4430.

However, if you’re wanting to call Venmo about deposit or withdrawal issues relating to offshore sports betting, Venmo support probably isn’t the way to go.

Instead, we recommend ditching the Venmo phone number and calling, emailing, or chatting online with your specific betting site’s customer care team.

Venmo – like all other financial service providers – has an official policy of “disavowal” when it comes to legal Super Bowl betting (or any other form of legal offshore sports betting, offshore casino gambling, offshore poker, etc.).

This doesn’t mean you’re breaking any rules or laws by using Venmo to fund your account via vouchers or MatchPay. It simply means that for their own liability issues, Venmo doesn’t want to know what you’re spending your money on.

As a P2P app, Venmo really requires its users to exercise discretion when using the private person-to-person money transfer option within the Venmo app.

In other words, Venmo expects you to trust your seller.

It is very difficult to get a Venmo P2P transfer reversed, and since online bet funding with Venmo requires users to undergo private P2P transactions with other users, you should only do so in a controlled environment.

Whenever you use Venmo transfers to buy or sell sports betting vouchers, you should only respond to ads (or post your own) using your site’s dedicated community page or member forum (i.e. the Bovada Community message board instead of the Bovada Reddit page, etc.).

This way, you can avoid any potential Venmo scams.

Neither!

The Venmo vs. PayPal debate is effectively irrelevant for USA-based online Super Bowl bettors, as neither platform allows users to send funds directly to – or receive funds directly from – their offshore sports betting sites of choice.

The Venmo-PayPal issue is additionally moot for US residents because Venmo is actually owned by PayPal and is only functionally different in that it boasts a few “social media” features that PayPal doesn’t.

That being said, when using Venmo with sports gambling vouchers or MatchPay, your deposits and withdrawals may take a bit longer than they would with these same PayPal betting options, as there are simply far fewer Venmo users in the USA than there are PayPal users.

The Cash App vs. Venmo debate is something we can put to rest right now: Cash App is far superior to Venmo for the purposes of online sports betting.

The two services have a comparable amount of total USA users, so your chances to successfully buy/sell vouchers or make MatchPay transfers are going to be about the same with either.

But where Cash App sportsbook deposits truly shines is that it’s the only mainstream P2P app in America that lets users not only buy Bitcoin but also to send that Bitcoin off-platform to any external wallet – including those used by the very best Super Bowl gambling websites on the Internet!

While you can buy BTC with Venmo and PayPal, for example, those services do not let you send that Bitcoin to any external wallet address.

Because of this specific Bitcoin compatibility, CashApp can be used with any reputable Super Bowl offshore sportsbook, while Venmo and PayPal are currently limited to Bovada Sportsbook only.