Top Paypal betting sites in Australia 2021
Paypal is one of the most popular ways to fund Australian betting sites in 2021, with this payment method processing millions of payments yearly to many different bookmakers. The best Paypal betting sites include some of the biggest online bookmakers in Australia, with almost all legal operators having it available. You will not however, find Paypal bookmakers accepting Australians that are based offshore, with this payment company not allowing its use in Australia for illegal means. Paypal betting sites allow you to wager instantly, while it can be also be used for withdrawals. Unfortunately Australians are unable to have Paypal bookmaker promotions and free bets marketed to them because of local laws. The top Australian Paypal betting sites for 2021 include:
Top Paypal betting sites 2021
When you have a deposit method that works as well as PayPal, it’s only natural that there be online bookmakers that take PayPal deposits. It all comes down to convenience and PayPal definitely offers that. Keep reading more below and we’ll educate you on the ins and outs of PayPal as well as how to use this highly successful deposit method with Australian betting sites that accept it.
PayPal is one of the most well-known and popular forms of bookie payment mediums around today, with over seven million active accounts in Australia. And there is a reason AUD payments are so popular with this service. When you operate efficiently, and cater to a variety of needs through electronic transaction of funds, you attract customers to your company.
Paypal withdrawals can also be made from online betting sites, although we have found some that do not allow withdrawals using this method. As a general rule it will be instant, but you might have to wait for the bookie to process the payment.
The best Paypal betting sites will allow you to wager on all the major sports Australians love to bet on, including localised events like US sports (NBA, NFL, MLB etc), UK sports (EPL, T20 Blast etc) and of course, popular domestic sports like the AFL and NRL.
One thing that it is important you remember when using Paypal betting sites is that you must verify your account before you can withdraw, which means you have to prove your identity. It also means you must give your correct details or you won’t be able to do it.
There is every chance you don’t need us to tell you much about PayPal because you have already used it before with eBay and other online stores. Below, we’re going to go into the details about using PayPal sportsbook deposits.
Top 10 Paypal bookmakers list:
Step-by-Step: How To Use PayPal At online betting sites
Paypal is one of the most popular deposit methods at Australian betting sites, with it an instant and secure method to fund accounts. In this section we’ll break down the steps needed to successfully fund your online betting account using Paypal.
- Opening and setting up a Paypal account in Australia
The first thing you need to do is open a Paypal account, which is a straight-forward process that can be done by visiting Paypal.com. Follow the sign up process, which includes giving over things like your name, address, email, date of birth and then linking your card or bank account to your account. Paypal is regulated and legal to use in Australia with it catering extensively to the Australian dollar.
- Finding Paypal betting sites
The second thing to do is to find an online bookie that accepts Paypal for deposits and withdrawals. We recommend signing up at one of the above Paypal bookmakers, with these vetted by our team for safety.
- Making your first Paypal bookie deposit
Now select Paypal as your deposit method after clicking on cashier or banking in your new bookmaker account. You will be thrown to a screen to login to your new Paypal account. After logging in, you can then follow the prompts to finalise your payment
- Further Paypal betting deposits
Once you have your PayPal account set up, it’s pretty easy from there as it will allow you to deposit and withdraw from your PayPal account into the online sportsbook instantly. So from your second deposit onwards you should just have to visit the cashier and request your Payment.
Paypal betting bonus offers & promotions
Australian Paypal betting sites are now allowed to promote sign up bonus offers and promotions to prospective customers, with this practice banned under the IGA. Lawmakers in Australia moved on Paypal bonus offers in 2017, in the belief they contributed to problem gambling. Paypal betting promotions that are banned in Australia include:
- Paypal sign up bonuses
- Paypal matched deposits
- Paypal reload bonuses
- Paypal cash back offers
- Paypal free bet deals
- Paypal racing promotions
** The Australian gambling list will update this page if there are any law changes surrounding Paypal betting sites and bonus offers.
Paypal betting history
The first signs of Paypal was in 1998, but it was not until Confininity & X.com merged that the business really took off. Confinity was initially a security company for handheld devices, but struggled in the early days of mobile, but after combining with Elon Musk’s X.com, an online banking business, it took off.
Paypal went public in 2002 and their initial IPO raised over $61 million USD and as the money transfer business expanded, they quickly moved with it. Paypal was then sold to auction giant ebay in late 2002 for $1.5 billion.
Paypal became an option to fund online betting sites around 2010, and has since became the second most popular method used at bookies behind debit cards in Australia. Paypal accounts are held by over seven million Australians, with many people making all of their online banking transactions with this web wallet.
Paypal betting sites in Australia are common, with all of the brands that we promote on this website having this payment option. We expect Paypal to remain at the cutting edge of online banking in Australia, with it not uncommon for giants like these guys to buyout smaller competitors and either axe their product or add it to their impressive suite of banking options.
Paypal Australia fees at bookmakers
Paypal betting sites do not charge you fees for using this method to fund your betting account, which is much better than using credit and debit cards, which often can charge you up to 3% per transaction.
However there is often a flat fee associated with using Paypal to make a withdrawal from an online betting site, with this usually a small fee or percentage (30 cents when you are receiving money).
Australian fees at Paypal vary depending on what you are using the service for, but rest assured they have an easy calculator on their website which will calculate your fees before you commit any real money. Generally Paypal fees
Commonly asked questions about Paypal betting sites
In this section we answer some of the frequently asked questions about PayPal sports betting sites transactions:
Australian betting sites as almost always accept Paypal, with this one of the biggest and betting countries in the world.
Australians do not have any legal online casino options open to them in 2021, although this could change rapidly, with some talk of regulating the online gambling industry, hastened by the covid-19 pandemic.
If you are looking at a specific online bookmaker, they would be the best at telling you whether or not they accept PayPal and they will generally have it displayed clearly on their website. Paypal will only be at legal sports betting sites in Australia.
Yes, as long as sports betting is legal in your country and Paypal is active, it’s perfectly legal to use this online betting payment option.
Paypal betting sites conclusion
Paypal is one of the most popular web wallets that Australians use and most online bookmakers have got it as a payment method. Paypal essentially puts a layer between yourself and your online transactions, which can be a great way to stay safe when making purchases online. From a wagering perspective, Paypal betting sites are great because they allow you to fund your account instantly and it is frequently available. Factor in that you can often use Paypal for bookmaker withdrawals and it really is a market leader in online betting.