In this promotion, you'll be given additional funds to use based on the amount you deposit. For instance, a 100% matching bonus would mean that if you deposited £500, you would receive £500 in bonus money to use on the site. Is It Safe to Use PayPal for UK Betting Sites? PayPal betting sites are among the safest gambling websites in the world.
Betting With PayPal – An Overview
A: While there is no such thing as a PayPal casino, there are casinos the accept PayPal as a form of banking. As a result, the answer to this question is that there are a wide range of features, whether it be their variety of games or their welcome bonus. Pick a casino who's features meet your needs. PayPal is a pioneer in providing internet-based payment services. The system really took off in 2002, when it was acquired by eBay, becoming the online payment method of choice for the majority of web-based shoppers. Nowadays, bettors from around the world use PayPal to fund their betting accounts because of how easy it is to deposit and withdraw your winnings.
Betting with PayPal is becoming ever more popular – and for lots of good reasons. In this article we willlist the best sites that make use of PayPal and why it should be your preferred option. We will also discuss the pros & cons, how you deposit & withdraw with PayPal plus a brief history about the company and how it entered the online betting market.
PayPal Bookies: Best Sites That Make Use of PayPal
The following is a list of sites hand picked by our experts for betting with PayPal:
- William Hill– If you enjoy betting on football games then William Hill is the best option. They also offer high limits when it comes to withdrawals.
- Ladbrokes – If you're looking for regular betting promos then Ladbrokes is your choice. They also offer gamblers great odds when betting on football.
- 888sport– This is actually one of the most respected bookmakers today. The company has been in the business of sports betting for many years. Make sure to check out its payouts for football games. It is no less than impressive.
- Unibet – If you want a bookmaker with plenty of experience then Unibet is for you. It's one of the most well-known in the UK, offering amazing football odds and top live streaming.
- Bet365 – As one of the biggest betting sites out there Bet365 offers a great range of markets. You will also find numerous promotions & special deals.
- 10Bet– 10bet is one of the betting sites investing a lot in football team's and former player's partnership. They have paired with Juventus and Drogba and they communicate this all over the site which offers a great mobile experience.
- Bwin – A great up and coming bookmaker that has lots of top offers and promotions. It's perfect if you're looking for a bookie that rewards you throughout the year.
- Mr. Play – One of the latest bookmakers joining the UK betting world with an impressive user experience. It's definitely the best option if you want to try out a new betting site.
- MansionBet – This is brilliant in terms of variety of sports, and offers more than most of its competitors – even the bigger ones. It's innovate, quick, safe and secure.
Why should you use PayPal for Online Betting?
We all know that PayPal is a relative newcomer to sports betting. There are others who have been at it much longer than PayPal has. Nevertheless, PayPal has been in the e-wallet industry for much longer. Now, you have to weigh the pros and cons of using this payment method (we'll go over that in a little bit).
When you use PayPal's service you are banking on its decades' worth of experience. That's a lot of experience when it comes to providing security for your money. Note that there are countless transactions that occur on the company's servers on a daily basis.
It brings its security experience while working with eBay on the table, which is an added guarantee. On top of that, the company offers its clients 6 levels of precautionary measures to keep each transaction safe. That's the level of security that your account will get.
What the company is doing is to simply take an entire suite of services that are already in operation and offer it to a different set and more specific group of customers. The level of security it offers makes it a pretty good option that you can switch to if you're looking for an alternative to credit card deposits and bank wire transfers.
PayPal Services
It offers the following services: global member protection, secure encryption technology, dispute resolutions, 24/7 monitoring, fraud prevention, and personal data privacy. If you have used e-wallets before, then you might find its sports betting services to be quite familiar.
If your bookmaker allows the use of PayPal, then you can use it to top up your account, usually without any extra cost. Other than top-ups that are free of charge, you can also take advantage of a deposit bonus that you can claim after making a first-time deposit.
Note that this is only one of the many betting promotions that you can take advantage of from PayPal. Do be aware that transactions usually take 3 to 5 days to complete. Also, understand that there are usually no fees when you transfer money from your PayPal account to your bank account, but check with your bank to be sure – since some banks do charge.
How to Use PayPal to Withdraw/Deposit Money on an Online Bookmaker
To make deposits via PayPal, you still need to go to your bookmaker's payment page or payment section. You should fill out any information if necessary. They will then ask you to enter the amount you want to deposit or withdraw in case you are making a withdrawal.
You will then be transferred to the PayPal page where you will have to log in to your account. You won't do much on your PayPal account page since the only thing that you will have to do is to approve the transaction that you performed (i.e. withdrawal or deposit).
The process for receiving money will be almost the same. You will have to go to the payment section of your bookmaker's website and select PayPal as your payment processor. You will then be required to enter the amount of you will be receiving (in some systems this step is no longer necessary since the amount will already be indicated) and then you will be required to enter your bookmaker password as an added security feature.
How to Deposit with PayPal – Step by Step
- Log in to your bookmaker account
- Go to the deposit page and choose PayPal as your payment option
- Enter the amount you would like to deposit and confirm
- Now you will be automatically redirected to your PayPal account where you will need to log in and authorize the payment (Note, if you don't have an account you can now register one from the same page)
- Done!
How to Withdraw with PayPal – Step by Step
- Log in to your bookmaker account
- Go to the withdrawal page and choose PayPal as your preferred method
- Enter the amount you would like to withdraw and confirm
- Done! The money should be in your account within 48 hours
Linking Your Bank Account
What if you want to add cash to your PayPal account? There are two options available to you. Newest slot machine games. The first one is through your bank account and the other option is through the PayPal cash service.
Note that before you can use your PayPal account for any type of transaction, you should link your account to your bank account. The process to link your bank account to your PayPal account will require a test withdrawal and deposit to and from your bank account.
Click 'add money' link at the bottom of your PayPal account balance. You will then be asked to choose which bank account to use. You will then be required to enter the amount of funds you wish to add to your account and then you click 'Add.'
To use the PayPal cash service you will then follow pretty much the same process. Now, instead of choosing a bank account you will select the local vendor that is associated with PayPal. You will then be given a special code or bar-code after requesting a deposit. Note that there will be a service for the cash transfer service which will vary from one vendor to another. Your PayPal account will then be credited immediately.
Security and Fees
Tight security is one of the main reasons why betting with PayPal continues to be the safest deposit and withdrawal method. This is primarily the reason why it has been so successful as an e-wallet service company. It offers top-notch security that has been tried and tested – which is one of the main reasons why the UK Gambling Commission continues to allow PayPal transactions.
This feature is quite attractive to bettors of course. It uses the latest technology, payments and other transactions are encrypted. Your financial and personal information will remain undisclosed throughout every transaction.
Note that making deposits on your PayPal account is absolutely free. The only time they will charge a fee is when you withdraw money for any transaction whether you're betting for a sport or when you make a purchase online. This is where PayPal makes its money – it's usually a 3.4% commission rate. Note that the rates change since transaction amounts vary and are classified according to tiers. Some tiers have lower commission rates, sometimes lower than 2.4%.
PayPal for Sports Betting: Pros and Cons
Here are the advantages and disadvantages of betting with PayPal for sportsbook transactions. Let's begin with the pros:
Pros
- Betting with PayPal is available for mobile transactions. That means you can top up your bookie account balance, make deposits, withdraw your winnings, and complete your other transactions using your mobile device.
- PayPal's reliability as an e-wallet is pretty high. Many people consider it one of the world's best if not the best.
- The company's customer service is also top-notch. However, you should remember to call the customer service team during business hours. Other than that, you can send an email to their support centre. The response is usually prompt.
- It offers instant money transfers.
- Many popular and reliable bookmakers accept this form of payment.
Cons
- When betting with PayPal, they may charge you certain fees when you make your withdrawals. Some fees are charged by your bank and others may be charged by PayPal.
- Though not exactly a con, per se, all transactions when betting with PayPal are documented. That means the local financial authority in your country can review your betting activity, which can be a bad thing for some people.
History of PayPal
PayPal wasn't always known by its current name. They were once known as Confinity. The company was founded in 1998. Back then it was a close-knit small enterprise. Nevertheless, it was able to gain the trust of its clients and became the top payment method on eBay.
Through the years PayPal underwent a lot of changes. During its first year in operations, it was only doing software development. The following year after its establishment, the company started offering money services.
Business was going great and then it merged with x.com, which was an online banking enterprise. In 2001 after the merger it changed the name of the new company to PayPal.
Things went quite well. Well, it went so good that eBay became interested in the company. PayPal was eventually acquired by eBay in 2002 for 1.5 billion dollars.
PayPal only came into the online betting scene quite recently. Other e-wallets such as Neteller and Skrill, have been in the business for quite some time now but PayPal's experience in the e-wallet business makes it a formidable competitor. In fact, a lot of sports betting pages nowadays accept PayPal as a mode of payment.
FAQ commonly asked questions about PayPal
Can I bet with PayPal?
Yes, not only you can bet with PayPal but it is also suggested as one of the safest, quickest and simplest payment method for your betting transactions. In addition to this, some bookmakers also offer exclusive offers and promotions to those users choosing PayPal to make their deposits.Do all betting sites accept PayPal?
Yes, most of the bookmakers allow transactions through PayPal. PayPal is used for all kinds of digital payments, 2019 projections show that roughly 50% of all digital payments will be executed through Paypal, making it the most common form of online payment.Is PayPal a safe payment option for sports betting?
Yes, PayPal is considered one of the safest payment options for online transactions. Betting experts recommend using Paypal as payment method for online betting for multiple reasons with the most important being the fast processing times for withdrawals (up to 24 hours).Do any fees occur when betting with PayPal?
No, no fees occur when betting with Paypal. Not only both deposits and withdrawals are free but also deposits are instant, and the withdrawal processing times are amongst the quickest; a withdrawal takes on average 3 hours to be processed, at most 24 hours.Can I still claim bonuses & free bets when I use PayPal?
Yes, you can. There are no restrictions to promotions, bonuses and free bets while using Paypal as payment method as it happens with other forms of payment methods which are commonly known as e-wallets. The reason for this is that PayPal is a safe payment method for bookmakers as well.How long does it take to deposit money with PayPal to a betting site?
Deposits with Paypal are instantly credited to your betting sites. Assuming your Paypal account is funded, a deposit to any of the betting sites requires seconds to be fully processed. This makes PayPal the most used form of digital payment around the globe.How long does it take to withdraw money with PayPal from a betting site?
Paypal is one of the quickest payment methods for withdrawal processing times. It only takes up to 24 hours to see the funds available on your PayPal account. However researches show that on average a withdrawal done through PayPal only requires 3 hours to be processed.
PayPal is one of the world's most popular online payment processors, allowing users to transfer money to each other, make purchases at millions of websites, and storing money. All of these features also make PayPal betting the perfect tool for online gambling, especially in the UK.
Since just about everyone has a PayPal account and knows how to use it, betting with PayPal is a fast, simple, and trusted way to get started with online sports betting.
Our expert guide to PayPal betting sites will show you everything you need to know including:
Csgo Gambling Sites That Use Paypal
PayPal Betting Bonuses
PayPal betting sites are always excited to get new punters. As part of their efforts to attract new members, they offer bonuses for new players that make it even easier to come away a winner.
By taking advantage of these promotions, smart bettors can increase their profits and get more value for every PayPal deposit. We help you find the biggest and most valuable bonuses so that you can get the most value out of the PayPal betting sites that you choose to play on.
These bonus offers can come in many different forms. One of the most common promotional formats is a straight matching bonus. In this promotion, you'll be given additional funds to use based on the amount you deposit. For instance, a 100% matching bonus would mean that if you deposited £500, you would receive £500 in bonus money to use on the site.
Is It Safe to Use PayPal for UK Betting Sites?
PayPal betting sites are among the safest gambling websites in the world. When you deposit via PayPal, you'll know that your deposit is protected by the same protocols as any other transaction using the service.
That includes the fact that your bank account or credit card information will never be transmitted to the PayPal bookmaker: only your account data is used for each deposit or withdrawal you make.
In addition, the PayPal betting sites we recommend use state of the art encryption and security systems to ensure that any sensitive information is protected at all times. These are the same protocols that are utilised by major financial institutions.
We also stand behind every PayPal betting site that we put on our recommended list. Our team of experts has ensured that you can trust each of the PayPal sports betting sites we recommend to you.
The Advantages of Using PayPal for Online Betting
Gambling Sites That Use Paypal
While there are pros and cons of PayPal betting, overall we think that PayPal betting sites are some of the best options available for people who want to bet online. PayPal is a flexible option for bettors, allowing you to both deposit and withdraw funds at a moment's notice. You only have to enter your account details once and then you are able to access your funds instantly.
As mentioned above, another reason many sports bettors use PayPal is because of the reputation for security the company has. PayPal is trusted by companies and individuals a like and is responsible for securely transferring billions of dollars each year.
As a company, PayPal only makes itself available in jurisdictions where there is strict gambling licensing. For you, that means that if you can use a PayPal bookmaker, you know that they have a licence. That guarantees the site you are playing at has followed strict protocol that includes site security, data protection and fairness.
PayPal also provides flexibility, which is something all online bettors appreciate. You may have found better odds at an alternative site or need to move your cash from one card to another. If you use PayPal, that is easy to do.
If you want to start placing your bets right now, choose our top-rated PayPal sports betting site and see exactly why it earned our highest recommendation.
How to Use PayPal for Online Sports Betting
Before you get started, it's important to understand how to use PayPal for gambling. First, you'll need to sign up for an account at one of our recommended PayPal betting websites.
Visit the bookmaker's website and sign up for a free account. This can usually be done in a matter of moments. Just provide some basic information about yourself and choose your login details, and you'll be good to go.
Creating a PayPal account – Joining PayPal is simple and quick. It can be done in a matter of minutes. All you have to do is head to the PayPal website, create an account, add some details such as your name and email, link to a credit or debit card then verify your email. After you've completed these simple steps, you're ready to deposit.
Deposit with PayPal – Before you can start betting with PayPal, you'll need to make a deposit. To do so, first find the cashier section on the betting site. There, you will see a list of deposit options, including PayPal.
Once you choose PayPal, you'll need to specify how much you want to deposit. At that point, you'll then be taken to your PayPal account, where you'll need to log in and verify the details of your transaction. Once you've done so, your funds should be transmitted to your betting account in a matter of moments, allowing you to bet with PayPal.
PayPal Withdrawals – One of the best parts about online betting with PayPal is the fact that you can also withdraw funds through this method. Once you're ready to cash out your winnings, you can choose PayPal from the list of withdrawal options available. Let the bookmaker know how much you wish to remove from your account and provide your PayPal account data, then submit your request.
Be aware that the first time you withdraw winnings from a PayPal betting website, you'll may need to complete some 'know your customer' steps before your cash out will be processed. This may mean that you will have to provide some specific information to the bookmaker, including one or more of the following:
- Birth Certificate
- Bank Statement
- Payslip
- Photo Identification
- Utility Bill
Online Gambling Sites That Use Paypal
Don't worry – this is a normal part of the withdrawal process at licensed PayPal betting sites. It is there to protect you as a player. Imagine how difficult it would be for a fraudster to withdraw your winnings if they were asked to provide that information.
PayPal Fees – Many of our users also wonder about PayPal deposit fees. Generally speaking, most bookmakers will cover these fees on deposits. However, it is possible that you will have to pay a fee imposed by PayPal itself if you choose to withdraw using this method.
Do All UK Betting Sites Accept PayPal?
PayPal betting sites aren't quite as common as bookmakers who accept other deposit options like credit cards, but there are still plenty of options for those who want to deposit via PayPal. This is especially true in the for punters in the UK, where you can choose from a wide range of UK bookmakers that accept PayPal.
This is because of PayPal's own policies, which only allow the service to be used for betting on licensed sites in areas where strong regulation of gambling exists.
PayPal betting sites aren't exactly rare, but it's still important to be sure that a bookie accepts this deposit option before you sign up for an account.
Which Countries Accept Online Betting with PayPal?
PayPal is available to use on betting websites in the following countries:
- UK
- Austria
- Belgium
- Denmark
- Finland
- France
- Greece
- Ireland
- Italy
- Portugal
- Spain
- Sweden
In all of the listed countries, online sports betting is well regulated by national law, and in many cases has been established for many years.
PayPal may be branching out into new countries soon, depending on legislation. If you are interested in using a PayPal betting site in a country that's not on this list, it's worth checking with them directly.
US Sportsbooks with PayPal
In the US, only people in states that have fully licensed online gambling are able to bet with PayPal. With current legislation, that means you can only use sportsbooks with PayPal in Nevada or New Jersey.
It's the same story no matter where you are in the world. If online gambling is legal and licensed then you can use PayPal. However, if it's not, PayPal sports betting won't be an option.
Alternatives to Online Betting with PayPal
Stores That Accept Paypal
- Debit/Credit Card – Still one of the most popular ways to fund betting accounts. Debit and credit cards are accepted by nearly all online betting sites, especially major ones.
- Skrill – Skrill is another e-wallet that is popular amongst online sports bettors. Like all e-wallets, Skrill provides users with convenience and security which is particularly important when betting online.
- Neteller – Along with PayPal and Skrill, Neteller is a commonly used e-wallet. Many sports bettors use Neteller to fund their accounts because it makes it easy to move money to and from different accounts.
- Cryptocurrency – Cryptocurrencies are becoming increasingly more common as payment methods, and online betting is no exception. The biggest cryptocurrencies and most like to be found at online betting sites are Bitcoin, Ethereum and Ripple.
Gambling Sites That Use Paypal
How we Compare PayPal Betting Sites
We understand how important it is for you to find the best possible PayPal betting sites, which is why we take the time to review every PayPal bookmaker. To determine which bookies make the grade, we take into consideration a number of different factors. Our criteria includes:
- Bonuses and Promotions: What kinds of bonuses are available for our users? Are there any special bonuses available for betting with PayPal?
- Betting Options: How many different sports and competitions does the bookmaker offer? Do they support in-play betting? Do they offer a variety of betting markets and novelty options?
- Security: Does the site follow industry-standard procedures to make sure your data and your transactions are protected? Is the bookmaker licensed by a trusted regulator?
- Customer Service: Can you contact customer support 24/7? Are they available by live chat and other methods? Is the service team courteous, knowledgeable, and professional?
- Odds: How do the odds and payouts compare to other bookmakers? Are there any sports or specials on which punters can get better odds than normal?
All of these factors are considered before we recommend PayPal betting sites to you. https://togotorrent.mystrikingly.com/blog/eject-usb-mac. The result is our recommended PayPal bookmaker listed above.
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Frequently Asked Questions
One of the biggest advantages of betting with PayPal is the fact that this e-wallet can be used for both deposits and withdrawals. PayPal is an excellent method for cashing out your winnings, as you can then either transfer that money to your bank account or hold it in your PayPal account for use at other betting sites in the future.
Unfortunately, not all betting sites are able to offer betting with PayPal. This is due to PayPal's own regulations, which do not allow the service to be used except in cases where they have agreed to work with a betting site that is licenced in a regulated jurisdiction such as the UK. Thankfully, that still leaves plenty of great PayPal sports betting websites for you to choose from if you live in an area where betting with PayPal is supported.
PayPal bookmakers are some of the safest betting sites on the internet. Because of PayPal's own policies, only the most trusted sites with effective oversight can accept deposits and withdrawals through their service. You can also rely on our expert reviews to make sure you only choose the best PayPal sports betting sites to play at.
In almost all cases, betting sites will not charge you any PayPal deposit fees when you choose to use this funding method. In addition, most sites will also allow you to withdraw your winnings to PayPal without any added fees. However, be aware that PayPal itself does charge transaction costs that might be applied to your withdrawal and that these fees can vary depending on where you and the betting site are located.
