4/14/2022

Betting Sites Accept Paypal

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  • Best PayPal Betting Sites We selected the best PayPal betting site for USA and Canada. We are also introducing the best PayPal bonuses, lowest fees, and fastest transactions. BetOnline – The Best.
  • Best Online Gambling Sites Compared 2021 - We've tested 100's of sites to help you find the top real money online casinos, gambling & betting options.

NFL Betting Sites and Banking Options. When you’re looking around the betting sites, remember to look at the banking options and make sure that there’s one that’s appropriate for you. The majority of the sites will accept the major bank cards, and there is usually a range of e-wallet payment types, such as PayPal, available. Betting sites that accept PayPal disappeared almost overnight, and other payment options had something new to contend with. The Unlawful Internet Gambling Enforcement Act or UIGEA focuses on the processing of payments as it prohibits businesses from accepting. Some online betting sites geared toward American bettors also offer odds and lines on politics and entertainment. Type of Bets Offered at USA Sportsbooks. The best sports betting sites will offer a wide array of betting options. To make a moneyline bet, you simply need to pick a winner. If the Red Sox are playing the Yankees, you.

PayPal is a form of electronic storage for your cash. Add or remove funds to or from your normal bank account into your digital PayPal wallet and use these funds to pay for things online as you would do usually with your bank card. PayPal can be used to deposit into UK online betting accounts in countries anywhere where online gambling is regulated.

  • Paypal:

Betfred - Best PayPal Betting Site

Uk Betting Sites Accept Paypal

PayPal is a more expensive option for betting companies due to higher fees, which is why less offer it compared to other methods and with most operators tbe minimum deposit is £10+. Betfred stand-out among online bookmakers when it comes to betting with PayPal for a number of reasons, but one of the main benefits is the £5.50 minimum deposit level, lower than almost every other brand.

Withdrawals also start at just £5 and can be made up to £5000 in a single transaction, again better than most of their competition. Betfred have been in the business a long time and have a good grip on what customers want from a betting company, this is evident when you look at their PayPal limits.

Deposits are instant and withdrawals take up to 48 hours, this is mainly due to processing time for Betfred, you will find in many cases withdrawals happen much quicker than this. With Betfred having high street shops too it means you can bet through PayPal and withdraw in cash from an online funded account in their shops if you wish.

Online Bookmakers That Accept PayPal

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SiteMin DepositMin WithdrawQuick RegFeesWithdrawal TimeVisit
Betfred£5.50£5No0%Up To 48hrs
BetVictor£10£10No0%1-3 Days
T&Cs Apply, 18+
10Bet£10£10No0%1-2 Business Days
Mr.Play£10£10No0%Up To 3 Days
T&Cs Apply, 18+
Paddy Power£10£1No0%4-24 Hours
888 Sport£10£3No0%4 - 5 Days
T&Cs Apply, 18+
Vbet£5£5No0%2-3 Days
William Hill£10£10No0%Up To 24hrs
T&Cs Apply, 18+
STS£10£10No0%Up to 30 mins
Novibet£10£10No0%Up To 24 Hours
T&Cs Apply, 18+
Ladbrokes£10£0.01Yes0%Up to 6hrs
Coral£10£5Yes0%8 Hours
T&Cs Apply, 18+
Betfair£5£1No012 - 24hrs
MansionBet£10£10No0%Up to 3 days
T&Cs Apply, 18+
Parimatch£5£10No0%1-3 Days
BETDAQ£10£10No0%Up To 48 Hours
T&Cs Apply, 18+
Sport Nation£25£250%3 - 5 Days
Unibet£10£10No0%Up To 12 Hours
T&Cs Apply, 18+
Tonybet£10£10No0%Up To 48 hrs
LeoVegas Sports£10£10No0%Up to 5 days
T&Cs Apply, 18+
Boylesports£5£5No0%Up To 24 Hours
Energybet£10£20No0%3-5 Days
T&Cs Apply, 18+
Mr Green£10£100%Up to 2 hours
32Red Sports£10£10No0%2-3 Days
T&Cs Apply, 18+
Grosvenor Sports£5£10
Betfair Extra Bonus£5£1
T&Cs Apply, 18+

By loading funds from your existing conventional checking account you can deposit and withdraw without needing to carry various cards and passwords around with you. Through PayPal you can send and receive money with many UK online betting sites offering a convenient and easy to manage your betting. Most of the bigger UK bookmakers accept PayPal with similar deposit and withdrawal limits and rules to conventional debit card transactions.

Using an electronic wallet service like this comes with several advantages. Funds clear more rapidly with PayPal than through standard banking meaning you can use your money within 24 hours of making a withdrawal and quite often this can occur within several hours. You would still need to withdraw from PayPal back to your bank account for full access to your cash and this will take 2-5 working days due to normal banking procedure. PayPal also offers some added security by not requiring you to constantly enter various card details across several sites.

Ultimately though PayPal gives you flexibility. By managing your betting wallet in this way you can see clearly what you are depositing and withdrawing without these transactions being lost with your usual grocery shopping. Through PayPal you could build up funds to a certain amount before you withdraw so you can get more out of your winnings. Alternatively you can use your PayPal funds to spend as you usually would as this service is now accepted by many companies worldwide.

Some UK betting sites also offer PayPal quick registration allowing you to sign up, deposit and receive your bonus in a matter of minutes without you needing to enter your details over and over again (see below for more).

If you are looking for casinos that accept PayPal visit our friends at OnlineCasinos.org.uk

PayPal Gambling

It is a misconception that PayPal cannot be used to fund online betting and gambling sites in the UK. It is true that in the USA, Canada and any jurisdiction where gambling activities aren't formally regulated (or are outright banned) PayPal cannot be used to deposit or withdraw funds into gambling sites.

But in the UK (and certain other EU countries) PayPal acceptance is now common place. Having said this, not all bookmakers offer the service - see the table above for a list of betting sites that accept PayPal.

PayPal make it necessary to complete their full verification process before you can use the service to fund a betting account. This is largely to prevent fraud and it is one reason why you can predominantly claim introductory offers when using the eWallet, which is not the case with wallets such as Skrill or Neteller.

How to Use PayPal

Many people have a PayPal account these days. If you already have an account simply make sure your eWallet is loaded with funds and select PayPal from the list of deposit options. As long as the name of the PayPal account matches the name registered on the betting site then this will be fine, even if the two use different email addresses. Usually you will not be able to withdraw to PayPal if you have not made your deposit using this method.

If you don’t have a PayPal account signing up is easy. This does take a few days however as PayPal will need to verify that your address and bank account belong to you. They will do this by sending you a code in the post and also by transferring a nominal amount into your account with a specific reference code to be entered online. Once your account is set up you can load it with funds from which you can deposit into your betting account and play with as normal.

Although initial set up may take a week or so it is worth it. As soon as you have your bank account linked to your PayPal digital eWallet you will be able to manage all of your online betting easily from one place. It is also convenient for when your bank card expires, in this case you only need enter the new details once into PayPal rather than changing your card on each site it is used on. You can also have several of your own cards and bank accounts linked to the one PayPal account giving you more flexibility in funding options.

PayPal Quick Registration

Some leading betting sites now offer PayPal quick registration (indicated in the table at the top of this page). Coral and Ladbrokes were one of the first to bring this in.

This allows you to register with sites using your existing PayPal credentials. You are in essence giving PayPal the authorisation to share your name, address, date of birth, etc., with the online bookmaker. The main benefit of this is you can register in quite literally a matter of seconds while at the same time have you deposit method already set up. This also has the added bonus that you only need to fill in your details once, with PayPal.

History of PayPal

PayPal and its precursor Confinity were developed at the end of the last century as a new way to transfer money however it was through its association with eBay that the company really took off.

In a new era for online commerce eBay offered a pioneering way to buy and sell goods quickly and people wanted payment mechanisms to match this. Although eBay had their own payment system known as Billpoint by 2002, 70% of auctions on the site were accepting PayPal as their preferred payment method, and so in July of that year eBay bought PayPal for $1.5 billion. PayPal quickly went on to become the default payment choice on eBay but remained an independent business allowing it to be used with other online providers.

Over the next few years PayPal grew enormously and by 2010 had over 100 million active users. Today PayPal claim over 200 million users, operating in over 200 countries and in 25 different currencies. PayPal spun off off from eBay as a separate entity in 2015.

One of PayPal's founders was Elon Musk, who famously went on to launch his own private space rocket venture, Space X, with ambitions to send the first humans to Mars no less. Switch over to OnlineCasinos.org.uk for a more detailed history of PayPal along with key facts and contact information.

Countries Where PayPal Can Be Used For Gambling

PayPal currently operates in 202 countries world-wide but is not available for use for gaming, gambling and betting in all. Here is a list of countries where PayPal can be used for gambling purposes.

  • UK
  • Austria
  • Belgium
  • Denmark
  • Finland
  • France
  • Greece
  • Ireland
  • Italy
  • Portugal
  • Spain
  • Sweden

The above list is not necessarily exhaustive, it is worth checking with PayPal directly if you are unsure of whether they allow use of their services for gambling in your region.

Security

Conformity, the precursor to PayPal, were actually company set up to develop security software and so PayPal has been set up with security in mind from the get go. PayPal operate all of the industry standard measures to keep your data locked up tight. On the whole it is much safer to leave your bank account details with a third party like PayPal rather than enter them over and over again each time you make a new transaction online.

PayPal in fact err on the side of caution a lot and will lock down your account quicker than any bank would if they suspect fraudulent activity. At onlinbetting.or.uk we are security conscious so we recommend all our customer to set up two step authentication on their PayPal accounts for added security.

Fees

There are two ways you could be charged a fee for using PayPal, one from the betting site and another from PayPal itself. With so many payment options around these days any high fee system would be shunned so PayPal is pretty much free to use with most online betting sites that offer the service.

PayPal do have a range of fees for sending and receiving money although this is usually only if sending between countries or converting between currencies. If for example you have a UK bank account and bet in British Pounds with a UK bookmaker it is highly unlikely you will incur fees.

How do PayPal make money then if they don't charge you fees personally? Well, by charging the operator fee, in this case the betting company. Some operators choose not to pay these fees and it is one primary reason why the feature is not ubiquitous. Please do note PayPal may charge you fees for funding your digital wallet from certain sources such as credit cards as this is counted as cash.

Betting With PayPal – An Overview

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.

Betting Sites That Use Paypal Australia

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

Betting Sites Accept Paypal

What if you want to add cash to your PayPal account? There are two options available to you. 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

Betting sites that use paypal us

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.