Using PayPal is a great way to put money from your regular bank account into a secure e-wallet for online payments. You probably already know that PayPal lets you initiate a real-time deposit to your account on online betting sites. This allows you to transfer money from your PayPal account to an online betting account instantly. PayPal is a platform for online payments that allows users in more than 200 countries and regions worldwide to send and receive money and pay for goods and services.
Best PayPal Betting Site
The following are the recommended betting sites that accept PayPal as a payment method. These are excellent choices if you are already familiar with this payment method.
bet365 - Bet £10 & Get £30 In Free Bets
One of the best known and best known UK based sports betting sites accepting Paypal as a payment method, Bet365 has been around since 2000 and has built up a reputation for providing its customers with high-quality services at very competitive prices.
William Hill - Bet £10 Get £30 In Free Bets
Another major UK based sports betting site and one of the first to accept PayPal as a payment method. It's therefore an extremely popular PayPal betting site.
Betfred - BET £10 GET £60 IN BONUSES
One of the best online betting sites in the UK, providing an easy to use website, great customer service and fantastic prices. You can also pay by PayPal.
Coral - Bet £5 Get £20 In Free Bets
One of the longest established sports betting sites in Britain and one of the most popular. They are strong on customer service with good prices for all betting opportunities, including PayPal as a deposit option.
Ladbrokes - Bet £5 Get £20 In Free Bets
One of the largest online bookmakers in the UK. They provide a full range of sports betting markets, including niche markets like Greyhound racing and provide a great service.
BetVictor Casino - 100 No Wager Free Spins
One of the fastest-growing online betting sites in Europe today. They offer the full range of sports betting events, high odds and great value prices.
888Sport - BET £10 GET £30
One of the best online betting sites for providing great customer service and high-quality help. You can also pay by PayPal for betting with 888 Sports.
Betiton - Bet £15 Get £10
One of the best bets for players looking to bet on a wide range of sports.
How Does Pay Pal Work?
Let’s take a closer look at how PayPal works. If you may not have heard of it, PayPal is a global e-commerce business that allows you to make payments and transfers over the internet. It offers its services to users in more than 200 countries worldwide.
You can use it to send money electronically to anyone who has an email address. You can even send money as a gift to someone if they don’t already have a PayPal account.
If you want to pay by credit card or bank transfer, you can do so directly in the PayPal payments menu.
You can’t just use PayPal to send money to another person over the internet. You can also use it as a payment option at stores such as gas stations or supermarkets, where credit cards are generally accepted.
PayPal’s transfer service is the perfect way to transfer money securely without the inconvenience of cash transactions. You don’t have to worry about identification either. In addition, the funds will immediately appear in the other party’s account when you approve the transaction. This is why it is an ideal way to pay out online bets and a good choice for making payments on gambling sites.
Benefits Of Using A PayPal Bookmaker
In today’s world of online sports betting, punters in the United Kingdom have a wide variety of options for depositing and withdrawing funds. Of course, the traditional methods such as debit card deposits will remain popular for a long time; however, PayPal is just one of the many alternative payment methods now available.
Many of the best betting sites offer PayPal payment options while accepting more traditional forms of payment such as credit cards or bank transfers. The use of PayPal is preferred by bookmakers who like to keep their betting money separate from their primary bank account.
There are several reasons why payers using PayPal prefer this solution. The most important thing is the security and reliability offered by PayPal sports betting sites. The other main reason is that players can control their gambling losses by having a separate account for online gambling and betting at an online bookmaker.
If you like this form of payment as a recipient, PayPal can quickly become your favourite payment method. However, to place bets using PayPal, you must place a bet on a PayPal gambling site, as you will need to make a deposit using this financial service provider.
Making A PayPal Deposit
All you need to make a deposit is an existing PayPal account and a username and password. Once you’ve entered the amount you’d like to deposit, choose PayPal as your payment method. You will then be redirected to the PayPal website, where you must enter your username and password.
Once you have completed these two details, you will be asked to confirm the initiation of the transaction. Once this is done, they will be redirected to the betting page. Finally, the PayPal transaction is completed, and the amount of money is available in the gambling account to place bets.
Withdrawing Using Pay Pal
If you win money at online betting, the PayPal withdrawal process is as simple as making a deposit.
You must go to the finances menu on the betting page and select the payouts option. PayPal must be entered here as the method of payment. However, one thing is important to note: if you made a payment using another method, you might not be able to make a PayPal payment.
Once the money arrives in your PayPal account, you can transfer your money to your bank account through the PayPal website or the PayPal app.
Countries Where Pay Pal Can Be Used for Gambling
PayPal operates in 202 countries worldwide, but not all of them are available for gambling transactions. Here’s a list of where PayPal can be used for gambling:
- United Kingdom
It is always a good idea to check directly with PayPal before you want to play using their services. You can find out from the company whether or not they are licensed in your country and what types of gambling are accepted!
Is Pay Pal Secure for Online Betting?
PayPal is known for offering a secure payment method online. You can be sure that your payments will be secure if you use this method. You can use it for all forms of online gambling, including bingo and casino games. Moreover, you can use PayPal to play on online slot sites.
Because eBay owns PayPal, it applies strict security rules. All websites must follow these to receive payments using PayPal. This means that all transactions are completely encrypted, and PayPal never shares any financial information with the seller.
This makes it almost impossible for anyone to access your money or personal information. In addition, all sites that use PayPal have their internal security system that protects users from online fraudsters.
Should there ever be a dispute with an online gambling company, it can be resolved with the help of the site’s licensing authority. However, the advantage of using PayPal is that you can start settling the dispute with them.
You can read more about PayPal casino websites and what our experts recommend.
Pay Pal Fees Incurred During Betting
PayPal is even easier to use on online betting sites after the company recently updated its policy. Previously, they could charge up to twice for transactions, as both PayPal and the gambling site could do so. Fortunately, this fee structure was changed last year, so this is no longer a problem.
Fees charged by PayPal are typically paid by the online casino or betting site, not the player. However, some online betting sites may choose to pass this fee on to users. You will be notified before your payment is processed, so you can decide if you want to use another payment method instead.
Most betting sites do not charge a fee if you transfer from the betting account to PayPal. However, this is again at the discretion of the site, so it’s a good idea to check the selected page for additional fees.
PayPal charges a fee if you want to pay in a currency other than the one in your account. This is the so-called currency conversion fee, which usually ranges from 3 to 3.75%.
What Makes A Good PayPal Online Betting Site?
Besides the fact that plenty of betting sites accept PayPal, there are many other considerations to consider before selecting an online gambling site. A website that has a licence from the UK Gambling Commission is eligible to apply to accept payments through PayPal. If PayPal gives them the green light to proceed, that doesn’t mean that their site will automatically rise to the top of all the other sites that do not accept online betting with PayPal.
It is not only that it can accept PayPal transactions but also that the following are some essential characteristics that set good betting sites apart from average ones.
The best sites offer fair and square bonuses to any potential new customer but don’t forget their regular clientele. We only recommend an online sports betting site if they offer free bet promotions and other offers.
You generally don’t have to worry about this in the UK. However, the UK Gambling Commission stipulates that any licensed site must have stringent security protocols to protect internet traffic that is both received and transmitted.
Sometimes things can go wrong when you gamble online, or maybe a customer has an enquiry about something they are not 100 per cent clear about. Good support is crucial, and by ‘good support’, we mean plenty of ways to contact the site operators. Preferably a live chat facility should be available.
An event’s specific outcomes are known as a betting market or bet types. The operators will use them to direct you in making the appropriate choice when placing a wager on a particular sport. You can access the betting markets through either an online sportsbook or a betting shop that is physically located somewhere.
Most people in the UK bet on football, with horse racing a way behind in second place, but that does not describe everyone. We would only recommend a PayPal bookie if they have plenty of different things to bet on.
It is no secret that esports is gaining popularity worldwide, and the most prominent international tournaments offer prize pools worth millions of dollars. Now is the perfect time to get involved if you are interested.
Many of the best online bookmakers for esports support deposits and withdrawals through PayPal.
Numerous esports betting sites from around the world have taken note of how popular these competitions are. As a result, they will now provide a wide variety of betting options for the most important matches in the most popular esports games, such as CS:GO, Dota 2, League of Legends, and Fortnite.
We think that in-play betting and cash-out are now so crucial that they should be viewed as less of a feature and more of a standard. Live streaming is also essential; any bookmaker lacking this usually doesn’t make it to our list.
It’s a common theme that online sports books take much longer to give you your money than they do to accept. There is no reason why a withdrawal should take as long as five days. One of the reasons punters love PayPal is you get quick payouts.
It should not take any more than three clicks to find an event you want to place a bet upon and to wager that bet. If placing a bet at a site is difficult, then it should be avoided.
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Mobile Betting Using Pay Pal
PayPal is a prevalent payment method, and one of the many reasons why it is so popular is its convenience and the fact that you can use it on your mobile device to make payments and play games add to that convenience.
PayPal ensures that your mobile application gives your customers all the convenience and functionality to manage their banking on the go. You can deposit, place bets, transfer money, or withdraw cash anywhere.
The huge advantage is that PayPal’s online customer service is available 24 hours daily, so you can contact them anytime if something goes wrong.
Since betting on a mobile device is now one of the most popular ways to place bets, accessing your PayPal account on your mobile is an easy and convenient way to manage your bankroll.
Pay Pal Alternatives When Betting Online
In our opinion, PayPal is the best payment method, but it may not be suitable for everyone. Fortunately, there are other options available, such as Skrill or Neteller. These two have been around a lot longer than many of their competitors. In addition, bidders who prefer anonymity can make payments easily without providing personal information.
Many people prefer to use a credit card for their transactions, especially when they need cash quickly, but this is no longer permitted in the UK. So if the goal is convenience and security, you may want to choose an e-wallet instead of an old-fashioned card!
PayPal has been a trusted online payment provider for many years, and many betting sites use it as their primary method for making easy payments to online accounts. It is also loved by bingo players and slot machine fans and is, of course, a big favourite at sports betting.
We are passionate about this payment method because it allows you to make payments without providing financial details to the betting side. You can use your PayPal balance to make deposits to your betting account and initiate payments to your PayPal account.
Another great benefit is separating your PayPal balance from your main bank account. This will make it easier for you to manage the change in the bet amount and track your winnings and losses, which can help with responsible gambling. The main drawback is when new customers sign up for a new account, they may not be able to claim the welcome bonus if if they select PayPal as the intial deposit method.
All the sites on this list are trusted and licensed by an official authority, so you can be sure that you will have a great experience when you bet on these sites.