PayPal Betting Sites
PayPal is possibly the most safe and secure payment method that you can use at any betting site or casino. It was first established in 1998 and is the most successful online banking method out there. It is used for all sorts, Personal and business finances. It is also the payment method that customers use for eBay, due to how safe and secure it is. It has now become one of the leading payment options used by punters to withdraw and deposit funds to and from their betting account successfully. In the past, betting sites have been known to offer specific bonuses and promotions that require you to use PayPal to claim, this is a technique used to encourage players to use PayPal.
Your PayPal account is linked to your bank account; therefore, you can deposit funds from your bank to your PayPal account securely. Then when you make a payment to the betting site, PayPal will ensure that your transaction is safe. They will hold a payment for a few days in order to ensure that the place it is being transacted to is safe and legitimate.
We have created a list of the best PayPal betting sites for you to play. Find them from the list below and claim their welcome bonuses today!
Best PayPal Betting Sites
You will struggle to find a well-established betting site that does not offer PayPal as a payment method. It is so popular and convenient. Here are some of the best sportsbooks that offer you the option of using PayPal:
Coral is one of the best betting sites with one of the largest customer bases. The registration is fast, deposits can be made instantly. The minimum deposit amount is £10 which is reasonable in comparison to other bookmakers, the minimum withdrawal amount is £5, which is very good and low compared to others. There are no fees included so the amount you deposit is the amount you get. It can also take up to 24 hours for a withdrawal to reach your account.
William Hill is one of the oldest sports betting sites in the industry that covers almost every betting market out there. As well as that, they have expanded into a casino and offer their customers such a huge range of promotional offers to kickstart their betting account. The minimum deposit amount is £10, and deposits are processed instantly. The minimum withdrawal is £5, which is the same as Coral. There are no added fees and the withdrawal speed is up to 24 hours.
10Bet are the official sponsor of Blackburn Rovers FC. They are becoming increasingly popular year on year and with good reason. 10Bet are one of the few betting sites which have a minimum deposit amount of £5, this is one of the lowest amounts you will find. The minimum withdrawal amount is £10, which is slightly higher than others but could also be the reason as to why the deposit amount is so low. There are no added fees and the withdrawal time is 3-5 days, which is slightly longer than players would have hoped.
BetVictor is a popular sportsbook that have a huge welcome bonus for you to claim. They stand in the middle in terms of how generous they can be with PayPal rules. They have a minimum deposit and withdrawal of £10, they do not have any extra fees and it can take up to 24 hours for withdrawals to reach your PayPal account.
888Sport may not be your first choice of betting site when you are considering who to place your bets with. They sit in the middle of a bunch of betting sites. The minimum deposit amount is £10, and the minimum withdrawal amount is £15, that is high in consideration to other sites. There are no fees and the withdrawal speed are 2-3 days. Its PayPal terms and conditions may not be the best; however, this sportsbook definitely makes up for it in bonuses.
Making a Deposit via PayPal
Making a deposit via PayPal could not be simpler. They have installed a very fast and effective depositing method so that you can quickly switch money to and from your betting account. We have created a simple step by step guide for you to follow:
- Select PayPal as the desired payment option.
- Choose an amount you wish to deposit into your betting account.
- You will then be directed to PayPal, where you will enter your email and password.
- PayPal will clarify this payment and ask you to confirm it.
- Your payment with then be processed.
Customers do not have to worry about the safety of PayPal. PayPal is a recommended payment option due to how safe and secure it is. There are many barriers in-between payments, so that PayPal can verify the transaction.
PayPal do not disclose any of your private and personal information to any 3rd parties or even the betting site themselves. All that is given to the betting sites are your PayPal information and not any personal or financial information. PayPal will also flag up any suspicious payments, they will clarify that it is you that have made the payment if it seems to be unusual.
Rarely, will players have to pay a fee for making a payment through PayPal. Most betting sites will have a 0% fee involved with any transactions made to your sports betting account or casino account. Although you may find some betting sites that do make you pay a slight fee for using PayPal services. Bookmakers such as Betfair and Betdaq charge a 2% fee for suing PayPal on top of your withdrawals.
Customers can still access PayPal and the best sports betting sites using their mobile device. PayPal has an app which you can download to your iOS or Android device and so do some betting sites. This makes it more convenient for you to switch from your PayPal account to your betting account. You can still perform all the PayPal transactions that you can on a desktop, in fact it may even be quicker on a mobile device. You can deposit funds on your smartphone and tablet and also withdraw funds.
Advantages & Disadvantages
As a way to sum up the above information and iron out what we consider to be the key points of using PayPal, we have selected a number of advantages and disadvantages to include so you can make a more justified decision on whether or not PayPal is a suitable payment method for you when betting.
- Extremely safe and secure.
- Most sites require no added fees.
- Fast transaction speeds for most betting sites.
- Specific bookies will offer exclusive PayPal bonuses and promotions.
- E-wallets can be more convenient if you do not know your bank details.
- High withdrawal limits.
- Having a middle man can be a slower process. Withdrawals could be made quicker if they were straight into your bank.
- Not every sports betting site or casino will allow the use of PayPal.
- Some betting sites will have fees attached to PayPal, for example Betfair who charge 2%. This isn’t ideal as there are other payment methods that have no added fees at all with some payment options.
To summarise PayPal, it is certainly one of the best and safest payment methods that you can use to withdraw and deposit funds to/from your betting account. The great thing about using an e-wallet like PayPal, is that you don’t have to enter your debit/ credit card details every time you want to make a deposit, all you need is your email and password and you can sign into your PayPal account and quickly make a deposit. With PayPal you can receive low withdrawal limits and low deposit limits, which is preferred by punters, as not all bookies will allow you to deposit an amount if it is deemed to be too low. If you are looking for a safe and reliable payment option, then certainly consider PayPal. Almost every betting site will accept PayPal. You can find out if they do by going to your online bookmaker and finding the payment methods on the site. PayPal does make online betting more convenient for players and credit goes to sites that accepted PayPal, to offer a safer way of betting to players. Tcs apply. PayPal can also be used on betting apps, a faster way of betting. Look out for promotions that are specifically for PayPal, some betting sites will encourage the use of PayPal by offering a promotion for a market, (eg Football Premier League or Horse Racing) in order to encourage you to make an online payment via PayPal.