Sites Where You Can Deposit By PayPal And Bet

About PayPal and its usage for betting online

With over 159 million accounts from around the world, PayPal is the biggest and most trusted electronic payment processor in the world. But as you will read in history section, the activities in betting industry, and here we mean on a total number of deposits and other financial transactions, are not on the level they were once.

PayPal is located in San Jose, California and serves users in 203 countries using 17 different currencies. Account holders can use PayPal to convert currency, make online purchases and transfer money between bank and sportsbook accounts in a safe, worry-free environment.

A few sports betting, poker, bingo and casino sites have seen how valuable PayPal could be and have added it as a payment method for individuals living outside of the United States and Canada. So although North American players can't use this method to deposit, most other players can. It's fast and convenient, allowing players to deposit, play, withdraw and use their winnings without the hassles of other banking methods.

It's pretty cool when you can deposit instantly using PayPal and then withdraw just as quickly to do a little online shopping. If you have a good day with the casino games or want to lock in some of your winnings bets, PayPal makes it easy to move your money out. You can even get a PayPal debit card to make it that much easier. After receiving a payment on the debit card your winning can be withdrawn as a cash. Just visit an ATM near you and make a cashout. This is definitely one of the bigger advantages associated with the PayPal that shows how useful holding an account with them can be.

As we already mentioned the list of U.S. sportsbooks that looks on players with PayPal account as possible customers is empty, but America is not the whole world. We've compiled above list of the top sites where PayPal is accepted, so you don't have to waste your time searching. These are the biggest betting sites out there with a maximum focus on player security and all process depositing of funds in a quickly manner. As fast payments are an important factor to every player feel free to check them all and pick the one that have the fastest transaction time. They all accept PayPal and they'll all provide you a great gambling experience.

History of PayPal in bet market

All British sports punters that have been in the online betting world longer time know that banking with PayPal wallet isn't anything new. In the beginning when Internet gambling was just starting out the main deposit method was PayPal. This was so convenient for players, because PayPal was already the main online payment processor, so most people had accounts and were comfortable using it. Also, players could move money from their bank account or credit card to their betting account and back extremely quickly.

Online gambling saw a huge increase in popularity during this period because of easy access to funds through PayPal, and convenient and quick withdrawals right to your bank account. However, this didn't last long.

Once auction website eBay bought out PayPal, they made company to drop online gambling payment processing, so that was the end of that. It has never resurfaced as a major deposit option for betting, but it is great for online merchants.

Which online casinos accept Paypal?

Many online casinos accept Paypal and our top recommendation, in this case, is Bet365, but you can use Paypal on Ladbrokes Casino and many others as well. Still, we believe that our recommendation is the best choice. Why? Because it allows transferring funds via this eWallet and in the same time it is the complete service when we look at the various gambling products they offer.

How do I fund my PayPal account?

Making of the initial deposit can be done by many ways including all major credit cards, a wire transfer or cheque that may be withdrawn straight from a personal bank account.

What does represent two small PayPal's transfers that I can see in my bank account?

To verify your account PayPal will send two transactions to it in the range of £0.01–£0.99. They will appear on your bank statement in 2–4 business days. You will need to enter those amounts when making the first deposit from the bank account.

Does betting sites incur fees on PayPal deposit?

Based on our research only Betfair charges 1.50% deposit fee. The easiest way to confirm current fee amounts is to scroll up on this page to the table with details for the site you are interested in.

Is there any fee charged by the betting site when withdrawing via PayPal?

None of the sites listed on this page charge a fee on the withdrawals so you will receive a full withdrawal amount without any deductions from the balance.

Why is PayPal not allowed on a lot more gambling sites?

Because it has a strict policy towards sites that offer gambling activity. It means that in a jurisdiction such as U.S. and Australia where gambling and games of skill are kinda illegal, PayPal prohibits transactions for this type of activities. It is a big disadvantage for all companies that try to operate in those countries. For example, Bet365 is licensed by the Australian government, but although having a license and being a legal operation in that country, because of PayPal's policy it is still not able to set-up this option to pay its players. Currently, the players from the United Kingdom are in the best position because all PayPal betting sites listed in our guide allow usage of this eWallet.

Why your list of PayPal sites doesn't include well-known names such as Betfred, Betvictor and Coral?

Yes, the truth is that every of those big brands accepts PayPal, but due to the fact that some of them were introduced unfriendly terms against their partners, they were removed from our list. They are looking on their businesses and we on ours. In short, the commission percentage they offered is too small which doesn't allow us to run this site effectively. Still, there is a nice selection of independent PayPal bookies here to choose from. All of them are the largest operators in the UK and Europe.

Does PayPal have any disadvantage I need to know?

When it comes to disadvantages the biggest one is the fees. No one likes to pay any fees but we are sure you fully understand how this sort of business operate and this is their way of funding. Another disadvantage is specific for UK customers because one of their laws known as the Consumer Credit Act is protecting all players from the United Kingdom that make purchases with a credit card. It requires that purchase must be min. £100 and up to £30,000. This will create an extra layer of protection, but it will disappear when they pay via credit card through PayPal payment gateway.

Can punters claim a deposit bonus if they use this payment method?

When punter sign-up with any of the sites here, it is his responsibility to read the fine print that follows all welcome bonuses. Those are the things that are really important to understand so took some time to study them. Please note that for all betting offers terms and conditions apply. If you visit any of the reviews from this page you will notice that we have prepared a short list of key terms that players must fulfil to be able to cash out the bonus.

NOTE: If you are getting started in this industry and need help regarding sign-up promotions please use our contact form to send us a message.

Is PayPal secure payment system?

The company is regulated in the United States and is licensed as a money transferrer. It must comply with various rules and laws that are related to the financial industry so it is one of the safest places that store your personal and financial data. As a widely spread operation, it is extremely important for them to take customer privacy seriously. Regarding anonymity, on the bank statement you will only see a transaction processed by the PayPal, without any notification on what betting site they went exactly.

In addition, for you as a potential customer, it worth to mention that they also provide two-step authentication and fingerprints login to make account access even more secure. Those extra security features can be important factors in terms of the account security. They will add additional protection that will keep your account from unauthorised access and more resistant on potential fraudulent activities.

Are there other methods that are working in a similar way?

The strongest competitors are Skrill and Neteller, but there are others that are being more common in the last few years. To see the full list of approved and reviewed payment methods scroll down to the bottom of the page where are links to their dedicated pages.

In which countries can PayPal be used?

Although it is international payment method only bettors from the several European countries and UK can use it. The next list show countries where their services are available.

Are there any PayPal bookmaker that allow mobile payments?

We have tested cashier service at all sports betting sites that take PayPal payments on both desktop and mobile devices. The payment process is the same whatever you want to use, desktop PC or mobile phone.

Can I use PayPal to deposit on the online betting site without being their customer?

The most simple answer to this question is NO. Alternatively, some online stores use PayPal's checkout so when you buy something you will be redirected to PayPal where you can pay securely with any of the supported payment options without the need to be a registered customer.