Top Paypal betting sites 2023
Paypal betting sites will only be found in regulated markets, with this payment option abiding by all laws around the globe. This means countries like the United Kingdom, Australia and growing parts of the USA are free to sign up and deposit at Paypal betting sites. The best Paypal betting sites allow you to deposit via both desktop and computer and will have outstanding customer service departments. Find Paypal betting sites accepting players from your location:
Top Paypal betting sites 2023
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 online betting sites that accept it.
PayPal is one of the most well-known and popular forms of bookie payment mediums around today, with over 110 million active accounts. And there is a reason that they are so popular. 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 from around the world, including localised events like US sports (NBA, NFL, MLB etc), UK sports (EPL, T20 Blast etc) and even from far-flung places like Australia (AFL, NRL etc).
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.
Step-by-Step: How To Use PayPal At online betting sites
Paypal is one of the most popular deposit methods at betting sites, with it an instant and secure method to fund online betting sites. 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
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.
- 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 bookies, 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
Many of the Top Paypal betting sites will allow to claim various promotions and bonus offers when using this payment method. These could take the form of a sign up bonus or matched deposit, but there are plenty of variations of these offers out there. The most common Paypal betting promotions include:
- Paypal sign up bonuses
- Paypal matched deposits
- Paypal reload bonuses
- Paypal cash back offers
- Paypal free bet deals
- Paypal racing promotions
** It’s also worth noting that some Paypal betting sites, will not allow you to claim bonus offers and promotions if you use this method.
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.
Paypal bookmaker fees
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 in some countries there will be a small flat fee for withdrawing from your bookie account with Paypal. Most decent Paypal betting sites will display this information in their websites.
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.
While Paypal stopped accepting US payments at online betting sites in 2002, soon after ebay took over, this has changed in recent years as regulated sports betting rolls out across the US. So in short, if you are in a state with regulated betting apps and sites you will be able to use Paypal to fund it.
If you are looking at a specific online sportsbook, they would be the best at telling you whether or not they accept PayPal. But the majority of them do, as long as you are in a country where Paypal is active and sports betting is legal.
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 sports betting sites are among the most trusted in the world, with this payment company used extensively for online transactions. Basically Paypal the web wallet allows you to put another layer between yourself and your betting company, which in some cases can be a massive positive. While not all bookmakers accepting Paypal will allow it as a withdrawal method, in recent times this has improved. So in conclusion, Paypal betting sites are perfectly safe to use.