PayPal are one of the most popular online payment solutions but should you use PayPal betting sites in 2019?

Read on to find out more.

PayPal betting sites

PayPal Betting Sites 2021. More recently, PayPal has opened up its doors to online gambling companies too. And in this PayPal betting page, we’re going to show you some of the pros and cons of using PayPal online. We’ll also show you exactly how to deposit and withdraw at betting sites that accept PayPal.

1. Sports Betting Sites That Accept PayPal Initially launched as Confinity in 1998, PayPal has evolved into one of the most widely used payment platforms in the world. In its infancy, PayPal was mostly used to facilitate sales and purchases on eBay.
2. US Sports Betting Sites Accepting PayPal FanDuel Sportsbook. FanDuel is one of the leading and most trusted sportsbooks in the United States. Starting out as a daily fantasy sports (DFS) site, FanDuel branched out into sports betting.
3. Pros and Cons of Using PayPal; PayPal Betting FAQs; There are a number of New Jersey, US registered sports betting sites that accept PayPal. These are: BetStars: get $500 in free bets. DraftKings: get a $25 free no deposit bonus. FanDuel Sportsbook: receive a $500 risk-free bet. Additionally, there are a number of daily fantasy sports sites.

In this article we’ll look at why you should consider using PayPal for betting along with which PayPal betting sites are the most popular in 2019.

Before we get into the meat of this article and look at which betting sites accept PayPal, let’s look at what makes PayPal such a popular choice for UK bettors.

Founded back in 1999 by a group of tech entrepreneurs, PayPal is one of the world’s leading online payment solutions.

With over 267 million active accounts worldwide and a total of 7.6 billion payment transactions in 2017, PayPal is certainly the number one eWallet provider.

Paypal offer a reliable, fast and secure transaction that can be used for many different purposes, one of which is PayPal betting sites.

Which betting sites accept PayPal?

If you’ve skipped to this section, you’re obviously interested in which betting sites you can bet with PayPal.

In the modern world of online gambling, bookmakers need to appeal to as many customers as possible.

Bookies need to ensure the process of depositing and withdrawing funds is easy, reliable and secure. To accommodate for different needs, they offer a huge range of payment methods from debit/credit card transfers to eWallets to wire transfers. They’ve got it all.

As PayPal is one of the most popular online payment solutions, bookmakers are likely to include this option.

Here’s a list of the 10 most popular PayPal betting sites rated by our community here at The Sure Bettor.

1. Bet365
2. Betfair
3. PaddyPower
4. Betway
5. Betvictor
6. William Hill
7. Ladbrokes
8. Coral
9. 888Sport
10. SkyBet

There are plenty more PayPal bookmakers out there, the ones listed above are just the most popular.

Depositing and withdrawing funds using PayPal

One of the key ingredients to online betting is being able to deposit and withdraw your winnings easily. PayPal makes this an absolute doddle…

The process of depositing and withdrawing money from your betting account is made incredibly easy with PayPal and this is one of their key selling points.

In this example I’m using a Coral account although most bookmakers are very similar.

Simply log in to your bookmaker account and head to the quick deposit section in the top right.

Note: this process should be similar if this is your first deposit with Coral.

From there, click on the Add PayPal link.

You’ll then be asked to enter the amount you want to deposit. Once you’ve done this you’ll be redirected to the PayPal website where you’re asked to confirm your deposit.

If you’re adding a PayPal account for the first time, you won’t need to repeat this process. You’ll be able to sign in, meaning your deposits will be much quicker in the future.

The withdrawal process is very similar so we won’t go into the details.

How quickly will your money transfer?

Your money should transfer from your PayPal account to your bookie account within a matter of seconds. However, it can take longer than this so give it a few minutes.

In terms of withdrawals, your funds should be back in your PayPal account within 48 hours. Again, this may differ depending on which bookmaker you’re using.

From experience, PayPal offer some of the quickest eWallet payment transfers making PayPal for betting a great choice.

The benefits of using PayPal for betting sites

PayPal are certainly one of the best eWallet solutions to use for your betting accounts.

Here are some of the key benefits of using PayPal:

• Ease of use
• Speed of transactions
• Security

Ease of use

As you’ve probably understood from reading this guide up until now, PayPal is incredibly easy to use. There’s no need to worry about separate passwords and security information for different betting sites.

Once you have an account with PayPal, it’s literally just plug and play. Add your information to your betting account and you’re away.

Overall, this makes dealing with payments incredibly easy meaning you can focus more of your attention on what matters; what bets you’re going to place!

The PayPal mobile app also helps in this regard. You can easily see your overall activity including where your money’s gone and when you made a withdrawal amongst other things.

PayPal is also a great option if you’re looking to place bets from your mobile.

In my opinion, the PayPal mobile app is what really sets this platform apart from its competitors.

Speed of transactions

Another benefit and one that we’ve already touched on a little earlier, PayPal offer some of the quickest payment transactions in the industry.

Speed of transactions is vital for online payment methods in 2019 and bettors are always after quick transfers. PayPal do not disappoint!

You can deposit funds into your betting account within a matter of seconds and your withdrawals generally take no more than 48 hours to enter your PayPal account.

Seen some great odds but don’t have enough funds in your account? No worries, with PayPal your transfer will be instantaneous.

Security

With the age and size of PayPal, you can be sure that they offer a very reliable and secure platform.

PayPal spend millions on cyber security giving you peace of mind when it comes to financial transactions over the internet.

One of the benefits of using PayPal over debit and credit card transfers is that you don’t have to give out your bank details more than once. Your details stay secure with PayPal once you’ve created an account.

Whilst there are still things you need to look out for (more on this below) PayPal offer one of the most secure online payment methods for betting sites.

The drawbacks of using PayPal for betting sites

Like everything, using PayPal for betting sites has its drawbacks. Here are a couple of cons of using PayPal bookmakers:

• Restricted promotions
• Transaction fees

Let’s look at each of these in a little more detail.

Restricted promotions

The main drawback of using eWallets for betting sites are the restrictions on promotions.

A lot of bookmakers don’t allow customers to qualify for their free bets, bonuses and other promotions if they use an eWallet provider like PayPal to deposit their funds.

This is especially the case for sign up promotions for new customers. Most UK bookmakers restrict their sign up offers to customers who use debit/credit card transfers to fund their accounts.

Going back to Coral, they state that customers who deposit using PayPal will not qualify for a free bet or enhanced odds when creating a new account.

The way to get around this is to create your account using a debit or credit card, take advantage of the free bet or enhanced odds and then add your PayPal account at a later stage.

If you’re specifically looking to take advantage of bookmakers promotions on a regular basis or you’re interested in strategies such as matched betting, I recommend you stay away from using eWallets such as PayPal.

More often that not, the terms and conditions will state that you can’t take advantage of a free bet, bonus or other kind of promotion.

As with most things in betting, it’s best to check the terms and conditions before making any decisions.

Transaction fees

The only other drawback of using PayPal for betting sites is the transaction fees. Whilst a lot of bookmakers won’t apply fees to transactions, there are some that may do. Once again, it’s best you check the terms and conditions.

PayPal also charge their own small fees for certain transactions. Such things as currency exchanges may have fees applied so just be mindful.

Things to look out for when using PayPal for betting sites

There are a number of things you should keep an eye out for when using PayPal for betting sites.

Whilst PayPal offer one of the safest and most reliable online payment solutions, there are still those who get caught out.

Unfortunately, there are individuals who lose money through scams and other phishing methods.

However, you can do your bit to avoid getting caught out if you’re careful and watch out for tell-tale signs.

Keep your personal information safe

Never freely hand over your personal information like usernames, email addresses, card information etc. to anyone you don’t know or trust.

This one is probably very obvious but it’s worth mentioning as you don’t want your information in the wrong hands.

Before entering any personal information, make sure the site you are using is legitimate. Here’s a few things you should look out for.

All websites that take payments over the internet are required to have SSL encryption on their site.

In simple terms this means that information passed over the internet is secured and encrypted. No one can steal or get their hands on any of that information.

To ensure the bookmaker is using SSL, you simply need to look at the URL in the search box. It should say https rather than http.

You can see in the example below that both these bookmakers are using SSL. In Chrome, there’s also a padlock shown next to the URL for sites that Google deems to be secure.

Use these tips and you should be in safe hands when it comes to online payments.

PayPal vs other eWallets

There’s a huge range of different online eWallets so what makes PayPal the best choice?

For starters, PayPal is by far the most widely known and popular eWallet meaning more bookmakers are likely to accept it for deposits and withdrawals.

As I mentioned earlier, PayPal have invested thousands in their platform meaning they have a very reliable and trustworthy system that beats other eWallet providers.

Having said that, there are a number of alternatives to betting with PayPal. We’ll have a look at the options in the next section.

PayPal betting alternatives

Here are some other popular eWallets you can use when it comes to funding betting sites:

• Skrill
• Neteller

Skrill

Skrill is another popular online payment solution. Founded in 2001 they’re a few years younger than PayPal and they’re also considerably smaller.

However, don’t let this put you off.

Skrill is accepted by a huge range of online bookmakers and it turns out that most bookmakers that accept PayPal, also accept Skrill.

For those of you that already have an account with Skrill, this makes betting with eWallets incredibly easy.

For those that don’t, opening an account with Skrill is incredibly easy and you’ll have plenty of freedom when it comes to your betting accounts.

However, as with most eWallets, you’ll need to keep an eye on any fees the bookmaker may charge.

Some betting sites charge a withdrawal fee. Ultimately this affects your betting profitability meaning you may want to avoid using Skrill.

All in all, Skrill are certainly worth considering for your betting accounts as long as you are mindful and aware of the fees that come with it.

Neteller

Similar to that of Skrill and PayPal, Neteller are another smaller yet nifty payment solution you could use as an alternative to betting with PayPal.

Founded in 1999, Neteller are the same age as PayPal yet, like Skrill, they’re significantly smaller.

Neteller is generally accepted at all the bookmakers that accept PayPal and Skrill.

Once again, you’ll need to keep an eye out for the fees. Betting sites generally have a fee for withdrawing funds from your account.

Again, if you’re looking for an alternative to betting with PayPal, Neteller are certainly one of the most popular choices.

Should you use PayPal betting sites?

So, should you use PayPal betting sites in 2019?

The answer to this question is going to depend on your situation and ultimately what you want to get out of your betting.

If you’re after quick, reliable transactions PayPal is just for you. If you’re looking to take advantage of the bookmakers promotions on a regular basis I would advise against using PayPal.

In this scenario I suggest you stick to debit and credit card transfers.

I’ll leave the ultimate decision with you.

Let me know what you think about using PayPal for betting by leaving a comment below right now.

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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.

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.

Betting Sites That Use Paypal Us

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. 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.

Uk Betting Sites That Accept Paypal

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.

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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.

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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.