Because the best legal Super Bowl betting sites operate offshore, when it comes time to bet on the biggest game of the year, you may find that common person-to-person (or P2P) instant pay services like Venmo can’t be used directly for bet-funding. However, legal Super Bowl betting with Venmo is still possible at a limited number of trusted online sportsbooks, with Bovada being the first to support the service through its voucher and MatchPay bet funding options.
Venmo is the second most popular P2P money sending app in the United States, and when you use Bovada Vouchers or Bovada MatchPay, you can top off your betting account – and often receive same-day payouts – by using the Venmo app to buy and sell betting site account balances. These are private transactions that legally get around the UIGEA banking regulation, and all Venmo betting options are safe and secure.
Bovada Sportsbook – Use Venmo To Bet On Super Bowl 56 Online
Bovada Sportsbook is America’s favorite place to bet on the Super Bowl. In fact, the site sees more action in the two weeks leading up to the NFL championship game – and on Super Bowl Sunday itself – than it sees during the entire NFL season!
Of course, that’s because Bovada has over a thousand Super Bowl prop bets on the menu, along with live betting options and an interactive online Super Bowl Prop Builder that lets members assemble their own props and parlays for tens of thousands of different possible wagers.
Of course, Bovada Super Bowl betting isn’t the only reason to join. Bovada is also a fully fledged online casino with hundreds of RNG electronic casino games, live-dealer casino tables, a full poker room, and a global horse racing betting portal. One account gives you access to everything, but their Super Bowl odds menu is undeniably the crown jewel.
Super Bowl Sign-Up Bonus: 50% Deposit Match Up To $1000 (Bovada Promo Code: BVD1000)
Deposit Methods: Venmo Voucher, Venmo MatchPay, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Visa, Mastercard
Venmo Friendly Online Sportsbooks
|Site Link||Bonus Offer||Rating||USA|
|BovadaReview||50% Max $250|
|MyBookieReview||50% Max $1,000|
|Xbet Review||100% Max $500|
|BetonlineReview||50% Max $1,000|
|SportsBetting||50% Max $1,000|
How To Use Venmo For Online Super Bowl Betting
If you’re going to bet on the Super Bowl, in most cases you’ll already be familiar with online sports betting in general. That said, the Super Bowl is the single most popular betting event on earth, and more new sports bettors place their very first wagers on the NFL title tilt each year.
But whether you’re new to the game or have been betting online for years, you may not be aware that – at Bovada (and likely other major operators in the near future) – you can actually use the Venmo P2P app to make online gambling deposits and withdrawals.
You can’t do this directly, of course, since Venmo is USA-only. However, because Bovada utilizes sports betting vouchers and supports the third-party MatchPay betting service, you can use Venmo to buy other site members’ account balances for deposits and sell your own account balances to fellow players to claim payouts.
The process isn’t as straightforward or rapid as some other banking options, but it’s a great choice for Venmo users and those who would rather not bet with Bitcoin, bet with Ethereum, or gamble with other cryptocurrencies.
The next sections will tell you Venmo than you ever needed to know about this clever online betting banking method.
Online Betting Venmo Deposits And Withdrawals
Venmo betting deposits and withdrawals work more or less the same way. However, there are a few differences that we’ll cover below. Once you’ve read about Venmo voucher and MatchPay options, you’ll be able to use either method (currently at Bovada only) to top off your bankroll and claim payouts quickly.
As a side note, it’s important to remember that Venmo isn’t the only P2P network that works with these methods. You can actually use PayPal, Cash App, Zelle, and various e-Wallet platforms (Apple Pay, Google Pay, Samsung Pay, etc.) with online sports betting vouchers. Meanwhile, the MatchPay service currently only supports P2P apps, not eWallets (yet).
How To Make Venmo Super Bowl Betting Deposits
If you want to use Venmo to bet on Super Bowl odds, you must first sign up for Venmo. You can initiate a Venmo app download for your mobile platform of choice (which goes great with mobile Super Bowl betting) by installing Venmo for iPhone from the App Store or installing Venmo for Android from the Google Play store. After that, just enroll and link your bank account, credit card, or debit card.
While it is possible to use a Venmo-linked debit or credit card to make online gambling deposits, the UIGEA banking regulation will cause these to be declined about 10% of the time, making them a less reliable option than vouchers or MatchPay.
You can try to make debit/credit online betting deposits with Venmo by using the standard card deposit options at your Super Bowl sportsbook of choice, but we do not recommend this route. Venmo is best utilized at Bovada via its private P2P transfer feature.
Venmo Voucher Deposits
- Navigate to Bovada Sportsbook by following any link on this page and clicking the red “Join” button.
- Enter in all required personal information, using your real, verifiable data. Bovada uses industry-standard KYC protocols to secure your online profile, and the site never shares or sells your private info.
- Skip the deposit option for now and head over to the Bovada Community member message board, where you can find Bovada Voucher codes for sale.
- Select a voucher code advertising a suitable deposit value and which specifies that Venmo is an accepted form of payment.
- Contact the seller, arrange the terms of the sale, and Venmo them your payment.
- Once your seller receives the funds, they will release their voucher code to you (via text, email, messenger service, etc.).
- Head back to the Bovada Cashier and select the Voucher option from the deposit menu.
- Paste in your voucher code and select an optional online Super Bowl betting bonus. You deposit will be credited immediately with no added fees, and you’re ready to bet!
Venmo MatchPay Deposits
- Follow any link on this page to Bovada Sportsbook and sign up using your real, verifiable credentials.
- Select the MatchPay deposit option from the online bet funding menu.
- A window will pop up prompting you to sign up with the MatchPay service. This free MatchPay signup process requires you to verify your phone number and email address, and it takes about five minutes. Once finished, you’ll be an official MatchPay Trader.
- Link your Venmo account credentials to your MatchPay account.
- Back at Bovada, enter in the amount of money you wish to deposit using MatchPay, and submit the form.
Please note: MatchPay is a third-party service that allows members of online vendors to buy and sell account balances between one another. MatchPay is not a gambling company and does not endorse online betting. Bovada simply uses the service to streamline the above voucher process by automating everything.
MatchPay is faster for deposits (and withdrawals) than vouchers, as it removes the buyer-seller communication and coordination aspect. However, MatchPay limits are lower than voucher limits, and MatchPay does not support voucher-friendly eWallets such as Apple Pay, G Pay, Samsung Pay, etc.
How To Claim Venmo Super Bowl Betting Payouts
Claiming payouts using vouchers or MatchPay is a simple matter, especially if you’ve already used either to make your deposit.
Of course, you can use any Super Bowl betting withdrawal method regardless of your mode of deposit, so if you’d like to use vouchers or MatchPay for payouts but haven’t yet gone through the above setup processes (especially that for becoming a MatchPay Trader), you must follow those steps first.
Once you’re ready, the next two sections outline all you need to do to take advantage of either payout method.
Venmo Voucher Withdrawals
- Head over to the Bovada Cashier and request a voucher payout from the withdrawals menu.
- Enter in the amount of your betting balance you’d like to pull out, and Bovada will email you a voucher code in the full amount using your on-file email address.
- Once you receive your online sports betting voucher code, navigate to the Bovada Community forum and post it for sale. Be sure to indicate the amount of the voucher and the fact that you accept Venmo payments.
- Once a seller contacts you to buy your Bovada Voucher code, arrange the sale and await payment.
- As soon as the Venmo transfer comes through, release your voucher code to the buyer immediately via text, email, messenger, etc. Bovada oversees the voucher process and mandates that all sellers send their codes to buyers ASAP.
- You can then cashout your balance at Venmo ATMs, keep the funds in your Venmo account, or transfer them directly to your linked bank account.
Note: Venmo vouchers are the fastest Super Bowl payout option when you want to cashout in USD, as even crypto payouts require a few extra steps to move your assets into actual fiat money.
Venmo MatchPay Withdrawals
- Visit the Bovada Cashier page and select MatchPay from the payout menu. (If you aren’t already a MatchPay Trader, follow the instructions outlined above to join the service.)
- Using the MatchPay portal, enter in the amount of money you wish to claim from your eligible betting balance.
- MatchPay will automatically pair you with a buyer.
- Once paired, MatchPay will kick off the transfer. Simply approve the trade in your linked Venmo account once you receive the notification, and that’s it!
While both vouchers and MatchPay allow for same-day payouts on occasion, these are not guaranteed. This is because both services are entirely dependent on member demand at your online Super Bowl sportsbook.
In our experience using both options with some frequency, we’ve found that voucher payouts can be had the same day you request them about 70% of the time, while MatchPay allows for same-day payouts roughly 90% of the time.
If you absolutely must receive your Super Bowl gambling winnings same-day (because you’re going to Disney World! or something), the best option is to request your money in a supported cryptocurrency such as Bitcoin, Bitcoin Cash, Litecoin, Ethereum, etc.
Crypto is the only online betting banking method that allows for guaranteed same-day payouts, and they’re usually delivered within just an hour or two.
How To Bet On Super Bowl 56 With Venmo
Now that you know how to use Venmo for legal online Super Bowl betting, you’ll need to know how to bet on the Super Bowl itself. Basically, as long as you’ve read up on various Super Bowl predictions and have taken a look at the Super Bowl 56 preview, you’re good to go.
All the best Super Bowl betting sites offer the following types of lines and markets, presented in the American moneyline format:
- Super Bowl Futures Odds
- Super Bowl Moneyline Odds
- Super Bowl Spread Bets
- Super Bowl Totals Bets (aka Super Bowl Over/Unders)
- Super Bowl Player Props
- Super Bowl Team Props
- Super Bowl Game Props
- Super Bowl MVP Odds
- Super Bowl Broadcast Props
- Super Bowl National Anthem Bets
- Super Bowl Coin Toss Bets
- Super Bowl Halftime Show Bets
- Super Bowl Commercial Bets
- Super Bowl Specials
- Super Bowl Live Betting Odds
- + More!
You can even assemble your own custom Super Bowl prop bets using your site’s prop builder applications. These allow you to create player and team props as well as Super Bowl parlays and cross-sport bets. With online prop builders, you basically have an infinite number of wagers you can create.
Venmo Super Bowl Betting FAQs
How does Venmo work for betting on the Super Bowl?
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).
Can I use the Venmo credit card to make online Super Bowl betting deposits?
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.
Can I use the Venmo debit card to deposit into my online Super Bowl gambling account?
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.
Is Venmo free to use?
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.
Does Venmo charge a fee when used for sports bet funding?
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.
Are there Venmo limits for how much I can deposit at one time?
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.
What is the Venmo customer service number?
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.
How can I avoid Venmo scams when using Super Bowl betting vouchers or MatchPay?
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.
Is Venmo or PayPal better for legal online Super Bowl betting?
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.
Is Venmo or Cash App better for betting on the Super Bowl online?
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 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.