PayPal Betting Sites – A guide on Betting with paypal

On this page we will be look at which PayPal betting sites you’ll be able to sign up to in 2020 and guiding you through the online world of betting with PayPal.

Check out who we’ve ranked best for PayPal Betting:

Best Sites for Betting with Paypal 2020:

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PayPal is easily one of the most popular processors in the world, trumping both Neteller and Skrill in terms of use. Its growth spurred on by being incorporated in the early days of EBay which saw millions of people take up using it due to the protections it offered customers.

Now its quickly becoming a go to tool for betting across regulated markets offering a variety of benefits over other payment methods that are available.

How to bet using PayPal?

Betting with paypal is a pretty simple process, let’s face it you wouldn’t grow to become one of the worlds biggest payment processors if you had a complicated integration process. In fact some sites even allow you to register using PayPal therefore making the whole process fast and simple.

We’ve split our guide up into two sections, depositing and withdrawing at betting sites using your PayPal account as a primary source of funding.

How to deposit at a betting site using PayPal

Firstly, you’d need to sign up to one of the paypal Betting Sites listed above. Once you’ve chosen your betting operator its time to register your account.

You’d go about this the normal way filling out all of the details required.

Once your account has been registered and verified its time to head over to the banking area of the site. Here you will find all of the payment methods that you can use to deposit. Click on the paypal option and add your details.

Remember as this is your PayPal login information, if you use a different email for PayPal you will need to enter that one instead. Enter in your password for your PayPal account followed by the amount you want to deposit. Remember you can no longer use credit cards to fund your betting so all PayPal deposits will need to be taken off your debit card.

Once you click submit the money will be deposited into your account and ready to bet with.

How to withdraw back to my paypal account?

Withdrawing from your betting account using PayPal is just as easy. After your bet has won and you’re ready to cash out. Head back over to the banking area of the site and go to the withdrawal tab.

Once accessed you need to select paypal. Process the amount of money that you’d want to withdraw and click confirm.

After this your funds will be withdrawn to your PayPal account and can therefore be cashed out into your bank account. Certainly two of the positives we see with using PayPal to bet is easy of use and how quick withdrawals are processed.

Advantages and Disadvantages of using PayPal to Bet With

Paypal is certainly one of our preferred ways to fund a betting account. But there are certain disadvantages to using it. We will be going into the Pro’s and Con’s with using paypal to bet with. 

Advantages

Deposit Speed – One of the main benefits is the speed at which deposits are processed between your paypal account and your chosen betting site. In fact you don’t even need to add anymore details as its all processed by your paypal account.

Security – PayPal adds an additional layer of security between you and the betting website. As you never have to add your card details to the website this means they can never be stolen. So for those of you who are more security minded then PayPal is probably the right choice for you.

Withdrawal Speed – Now this is certainly one of the main advantages of using PayPal. Withdrawals are conducted within 24 hours in most places some are even done within the same hour.

Anonymity – This is a little known benefit to using PayPal to fund your online betting accounts is that it won’t show up on your bank statement as betting. Its normally given a non descript name especially if its funded Bank > PayPal > Betting Site. So if you’re wanting to keep your statements clean then PayPal is certainly worth considering .

Disadvantages

With PayPal there aren’t many disadvantages due to the size of the company and the improvements made over the year.

Welcome Bonuses – The main disadvantage that comes to mind when using PayPal betting is if you want to claim a welcome bonus from your chosen bookmaker then you will be unable to use PayPal as a first deposit option. While there are some free bets that do allow you to use PayPal its very rare as it leaves the system open to bonus abuse. So keep in mind when funding your account for a first time betting offers, make sure to use your debit card.

Scams – With PayPal being so popular its unfortunate that there are a lot of phishing scams going on in the guise of PayPal. They will send emails to your registered email that will look and act just like a paypal email asking you to log in. Please make sure you check where the email has come from before doing this as they’re trying to steal your details. 

Top Online Bookmakers that accept PayPal:

With so many Online Bookmakers out there that accept PayPal, it can be difficult to decide on who to bet with because of the huge range of options that is available! To give you a helping hand, we have decided to create a list of some of the best Online Bookmakers that accept PayPal. This list is displayed below;

A Brief History of PayPal

PayPal actually began its life under a very different name, it was at its inception called Coinfinity and was founded in 1998. From this point onwards it grew rapidly going through a merger period with an internet banking company called x.com this is when it changed name to what we know today PayPal.com.

One of the reasons why PayPal grew to the size it did is due to its partnership with eBay. Due to eBay using them as their main payment processor it saw popularity grow 10fold and eventually resulted in eBay acquiring them for the sum of $1.5 billion back in 2002.

However it wasn’t until recently PayPal started being integrated into online betting and casinos and since then we feel its definitely a match made in heaven. 

PayPal Timeline:

1998 – PayPal was founded.

1999 – PayPal is launched to the public.

2000 – Elon Musk steps down as CEO.

2001 – PayPal introduces paid accounts for buyers and sellers that require verification and offer guarantees against fraud.

2002 – eBay acquires PayPal.

2008 – PayPal acquires Bill Me Later.

2009 – PayPal opens its platform, allowing other services to get access to its code and to use its infrastructure in order to enable peer-to-peer online transactions.

2010 – PayPal removes the electronic withdrawal option for users in India.

2011 – PayPal reaches 100 million users.

2012 – PayPal rebrands its services for small businesses as PayPal Payments and debuts a number of online, offline, and mobile payment options.

2013 – PayPal launches support for prepaid gift cards, just in time for the 2013 holiday shopping season.

2014 – PayPal launches Passport, a service aimed at facilitating international sales by merchants.

2015 – Paydiant & FIS launch Cashless Card Access.

2016 – PayPal launches redesign of PayPal App.

PayPal Betting FAQ

Here are a few of the frequently asked questions that our readers have had in relation to Betting with PayPal.

Can anyone bet with PayPal?

As long as you match all the criteria of signing up to any betting sites then you can use PayPal to deposit/withdraw. This means you have to be over the age of 18, based within the United Kingdom and already have a PayPal account or able to set one up.

Will every Betting site process deposits/withdrawals via PayPal?

No, despite PayPals immense popularity across the world not every betting website you see on this site will have PayPal as a payment option. If the site is listed on this page then it will be accepted. There are numerous reasons as to why such as too difficult to implement or fees are too high.

I deposited using my debit card can I still withdraw by PayPal?

Unfortunately not, betting sites will only process withdrawals back to the method you chose to fund it with. That means unless you used PayPal as your first deposit method you won’t be able to do it. Any subsequent deposits made with PayPal can be withdrawn to it though.

Is it a safe way to bet?

While online gambling at regulated and secured sites is already incredibly safe, PayPal adds that extra layer of protection between bettors and any fraud that could occur over the internet. This is due to no card details being passed from your internet device to the bookies servers. So even if there was a breach which there’s a very slim chance of occurring they wouldn’t be able to steal any details anyway.

Will there be any fees?

As a customer you won’t face any fees from betting with PayPal, Instead it will be the bookies who deal with costs and fees attributed to PayPal which depending on size can be quite costly.

Betfair

£100 Free Bet

New customer offer | Place 5 x £10 or more bets to receive £20 in free bets | Repeat up to 5 times to receive maximum £100 bonus | Min odds 1/2 (1.5). Exchange bets excluded | Enter the correct Betfair Promo Code on sign up. T&Cs + Further restrictions apply

Betfred

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New customers only. 18+. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +.£30 paid in free bets within 10 hours of bet settlement, expires 7-days after issue. Offer not available to those registering on 06/04/2019. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Full T&C's apply.

BetVictor

£30 Free Bet

New Customers bet £5 and Get 2x £10 Free Bets and a £10 Casino Bonus, wager 40x to withdraw winnings. Bonuses expire in 7 days. Credit/Debit Cards only.

Volt

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New players only. 18+. Spins are free of wagering requirements. First deposit of £20 required. Max winnings from spins is £500. Additional T&C apply.

Karamba

£10 Free Bet

Bonus Policy and Terms of Service apply. This offer is for new customers only and is available once per household. Max. FreeBet amount £10. Minimum Deposit and wagering on sport to activate the Free Bet is £10.

EnergyBet

£50 Free Bet

Offer is available only for customers registered in the UK. Min. £10 deposit required. Maximum bonus amount is £50. Select the Welcome Bonus on the deposit page before proceeding with payment. Welcome Bonus must be wagered 10 (ten) times on accumulator bets consisting of a minimum 3 (three) selections, minimum selection odds of 1/5(1.20), and minimum selections total odds 1/1 (2.00). T&Cs apply. 18+ BeGambleAware.org. Please bet responsibly.

BetRegal

£10 Free Bet

New customers only. Freebet amount £10. payment restrictions and country restrictions apply. 14 day expiry. Min odds 2.0. Further tcs apply.

Totesport

£35 Free Bet

This promotion is available to new UK (including Northern Ireland) internet and mobile customers only. Customers can qualify for both the up to £25 Matched Free Bet on Sports and £10 Cash Back on Totepool in either order.

TonyBet

£50 Free Bet

18+. New Customers only. bonus code TONY50. Min odds 1.65 within 30 days. Must be wagered 10x. Further terms and conditions apply.

888Sport

£30 Free Bet

New customers only • Minimum deposit £10 • using deposit code 30F • Min odds 1/2 • Free bets expires after 7 days • Deposit balance is available for withdrawal at any time. withdrawal restrictions.

22Bet

£50 Free Bet

New Players Only. Min odds 1.65 within 30 days. 10x Wagering. Wagering requirements met within 5 days. Further T&Cs apply.

Bwin

£10 Free Bet

18+, New Customers Only, Min Deposit £10, Min Odds 1/1, Max Free Bet £10. T&Cs Apply

Mr Green

£10 Free Bet

New Customers Only. Deposit and bet £10, min odds 3/1. Applies to 3+ fold, Expires in 7 days. Cannot be used on system bets. Further T&Cs apply.

LeoVegas

£100 Free Bet

18+ New customers only. Mobile Only. £10 min deposit activates 1x100% in-play profit boost. Max stake £10. Max extra winnings £100. Valid for 30 days. Skrill/Neteller deposits do not qualify. Full T&Cs apply

SportingBet

£10 Free Bet

In order to participate in this promotion, an Eligible Player must place an Eligible Bet during the Promotional Period. Players must be over 18 years old.

BoyleSports

£25 Free Bet

Get up to £25 in FREE BETS. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. Subsequent free bets equal 50% average of each 3 qualifying bets. 13 bets required to receive full £25 free bet. 18+. T&Cs apply.

New customers only. Min stake £50 on Glory Holes. Max free bet £25. Free bets must be used within 48 hours on any Glory Games market. Qualifying bets must be placed within 48 hours of first deposit. Min odds of 1.2 for qualifying bets and free bet usage. 18+ BeGambleAware. Full terms apply.

Interbet

£10 Free Bet

New Players Only. Minimum £10, minimum odds 1.5, stake not returned. 1x wagering the winnings from the free bet. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Free Bet is valid for 7 days from issue.

10Bet

£100 Bonus

New Customers; Min. deposit £15 (no Skrill/Neteller); Bonus amount is 50% of deposit up to £100; 6x deposit and bonus turnover (min. odds 4/5 on singles and 2/5 per selection on acca bets), in 30 days, for bonus release; Some bet types don’t contribute to turnover; Withdrawal before turnover results in bonus cancellation; Terms apply, 18+

RedBet Sports

£100 Bonus

18+. Minimum Deposit £10. Only real money wagering with minimum 1.8 odds qualifies for promotion. Bonus bet stake is not included in any winnings and winnings are paid in cash. Bonus bets valid for 7 days. T&Cs apply.