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Paypal Bookmakers and Betting Sites

PayPal is an online service that allows people and businesses to securely transfer money online. The best PayPal bookmakers chosen by country can be seen only in certain countries, not all over the world. PayPal bookmakers UK are at the top of the list, as all forms of gambling are legal in the United Kingdom.

There are lots of betting companies that use PayPal, so you still need a “best of” list to start. We already picked the best PayPal bookmakers: You can see our betting site PayPal list below. Some of them are UK betting sites but we cover the entire world: No matter where you live, at least one of these sites will be able to offer a sport betting PayPal service to you.

But first…

Top Betting Sites with Paypal Payments [2021] – Updated List

Rank
Betting Site
Sign Up Bonus
PayPal Accepted
Rating
Get Started
1
BET €10 GET €30
Yes
Rating 9.20 out of 10
2
BET €10 GET €30
Yes
Rating 8.88 out of 10
3
50% up to €150
Yes
Rating 8.68 out of 10
4
100% up to €100
Yes
Rating 8.66 out of 10

What is PayPal?

Max Levchin, Peter Thiel, and Luke Nosek initially established PayPal in December 1998 as Confinity -it was a company that developed security software for handheld devices but suddenly switched to a digital wallet, launching its first electronic payments system in 1999. Elon Musk‘s x.com, an online financial services company, acquired Confinity in March 2000. By October 2000, x.com entirely focused on PayPal and terminated other internet backing services. Confinity was renamed PayPal in 2001 and went public in 2002.

eBay Inc., in July of 2002, acquired PayPal for $1.5 billion. This acquisition made PayPal even more popular at a faster pace. In 2005, PayPal obtained VeriSign payment solutions, and in 2013, it acquired Braintree payments gateway for $800 million. However, in 2014, PayPal split from eBay after a public campaign from Carl Icahn, a PayPal investor, and activist. So, how do bookies that accept PayPal work? It is simple; you can use your PayPal account to fund your betting account or get money out of your sportsbook account to your PayPal account.

How do PayPal bookmakers and betting sites work?

The rise of eWallet bookmakers and betting sites have made it more convenient and easier for punters to place bets worldwide. PayPal is a form of eWallet that makes it easier for gamblers to deposit and withdraw money from their accounts on betting sites that use PayPal

So, how do bookies that accept PayPal work? It is simple; you can use your PayPal account to fund your betting terms account or get money out of your sportsbook account to your PayPal account. All betting sites that use PayPal work pretty much the same. Ideally, bookmakers who accept PayPal allow punters to deposit or withdraw money from their sportsbooks account. So, in the account sections, you can see PayPal as a payment option.

Why should you use PayPal for sports betting?

Tip

Remember, PayPal can only be used at licensed betting sites, i.e., the UK betting sites that accept PayPal located in countries where online gambling is legal. And when we say licensed betting, we mean all kinds of betting: There are even low CSGO betting sites that accept PayPal. One of the main benefits of using PayPal is sheer convenience. Transactions are easy to perform, and they are processed almost instantly. And that’s why bookmakers that accept PayPal are preferred by players: They are practical and straightforward to use.

If you want to deposit into a sportsbook using PayPal, you must first find an online bookie that accepts this payment option. If it supports Trustly, even better. Trustly and PayPal joined forces in 2014 to enable PayPal users from many European countries to fund their accounts directly from their bank account. Take a look at our list of the best PayPal bookmakers above to start. Also, check out our recommended Trustly betting sites.

Several such PayPal bookmakers – find a list of PayPal bookmakers and betting sites later in this article. You are also advised to check the bookmaker reviews at Gamblingjudge.com to ensure said PayPal bookie is trustworthy. Once you have found a reliable PayPal sportsbook, follow the deposit instructions and choose PayPal as the payment method. Upon completion, the funds will be added to your sports betting account, and you can start placing your bets. It’s as simple as that.

The withdrawal process is just as easy. Select PayPal as your withdrawal method, and your funds will be quickly transferred from your online betting account into your PayPal account. A PayPal withdrawal is suitable when your deposit method doesn’t allow withdrawals. This is the case with Boku deposits at Boku betting sites.

There are many reasons why you should consider using Sportsbooks that takes PayPal. Some of them include:

  • wide acceptance  – many businesses accept PayPal as a payment method. 
  • Speedy transaction – all PayPal transactions are instant unless your account has some issues. 
  • Anonymity – you can make an anonymous or semi-anonymous payment if you register a bank account or payment card. Here the recipient only sees your name and email address
  • Highly reliable – all issues are resolved in minutes besides being a secure transaction method. 

Are some countries banned from PayPal?

There are, in fact, quite a few countries that do not allow PayPal to be used at all. These countries are Afghanistan, Bangladesh, Cameroon, Central African Republic, Côte D’Ivoire (Ivory Coast), Democratic People’s Republic of Korea (North Korea), Equatorial Guinea, Gabon, Ghana, Haiti, Iran, Iraq, Lebanon, Liberia, Libya, Monaco, Moldova, Montenegro, Myanmar, PakistanParaguay, Saint Lucia, South Sudan, Sudan, Syria, Timor-Leste, Uzbekistan and Zimbabwe. So no need to look for the PayPal payment method at betting sites Monaco – based. Therefore, be careful when registering at betting sites in Zimbabwe or Ghana betting sites, as they do not accept Paypal for the moment.

Countries that allow PayPal to be used as a means of funding gambling accounts are AustriaAustralia,Belgium, DenmarkFinland,France, Germany, GreeceIrelandItalyPortugalSpain, Sweden, and the UK. It should also be mentioned that the American states of New Jersey and Nevada allow players to use PayPal to fund betting accounts. Most of the Germany betting sitesItalian bookmakersSpanish bookmakersSweden betting sitesBelgium betting sitesFrench betting sites or punters who want to opt for Montenegro betting. Of course, this list of countries is subject to change. Check with your online gambling site to find out if this payment method is accepted.

Are there PayPal Fees for deposits and withdrawals at sportsbooks?

PayPal does not charge any fees on betting site deposits. As long as the PayPal account has sufficient funds, the deposit will be processed instantly, but for more check fast or instant paying bookmakers. The same goes for withdrawals, except that the normal processing time for a PayPal withdrawal is sometimes up to 3-5 days. Some betting sites will apply fees to deposits and withdrawals, but PayPal doesn’t levy these charges. Be sure to check with your betting site to see if any fees apply to your transactions.

How to use PayPal bookmakers and betting sites?

Searching for the best PayPal betting sites is only one part. The other part is knowing how to use these online sports betting sites. The best PayPal betting sites UK ideally allow you to quickly deposit and withdraw money from your account using your PayPal account. So two things are pretty apparent: deposits and withdrawals.

Depositing into online betting sites using PayPal 

Betting with PayPal is easy; Ensure that your PayPal account has enough money. If it doesn’t have enough money, you can make a bank transfer into your PayPal account, or you may use your credit or debit card, and the process is easy.

Step 1
Log into your PayPal account and select the "Add Funds" option.
Step 2
You'll be prompted to enter the amount you want to send.
Step 3
Confirm the amount and authorize the money transfer. Usually, the money transfer is effected instantly.

The actual deposit:

Step 1
Go to the betting site's deposit page and navigate to the Account section
Step 2
Select deposit money – here you see various payment methods; so, choose deposit with PayPal.
Step 3
You will be redirected to your PayPal account, where you will enter the amount, you wish to transfer, confirm and complete the transaction. Again, you'll be redirected back to the betting site.
Step 4
Confirm the transaction, and your betting account should be instantly credited, and you can start placing bets.

Withdrawing funds from a betting account into your PayPal account

If you want to withdraw your winnings:

Step 1
Head over to your bookmaker and request a withdrawal.
Step 2
Select PayPal as your withdrawal method
Step 3
Enter the amount you wish to withdraw and press 'Withdraw.'

PayPal withdrawals take a maximum of five days if your PayPal account is okay. Some top PayPal betting sites will credit your account in hours. However, if your account has issues, you may experience withdrawal restrictions. If you have any troubles, then you can contact service@paypal.com or call customer support at 00 402-935-2050. They are there to help you.

What are the Best Betting Sites that Accept PayPal?

Several top-rated online bookmakers accept PayPal. Remember that to use PayPal for betting, you must reside in a jurisdiction in which gambling is legal, and the betting site must be licensed. With that said, most of the industry’s most trusted brands offer PayPal as a payment option. BetfairWilliam Hill, and Bwin are a few of the biggest names in internet bookmaking, and they accept PayPal payments. 

Paddy Power and Stan James also offer this option, as do Ladbrokes888Boyle Sports, and 32 Red. Other well respected PayPal gambling sites include Sky BetCashpointMcBookieSports Betting OnlineOtobet, and Bet Owi. If you want to find a top-rated PayPal wagering site, then go to Gamblingjudge.com’s sortable bookmaker database and select your country and then select PayPal as a payment option in the filter. Don’t forget to get yourself a great bonus too.

Is PayPal good for Betting Bonuses? What are the top PayPal Betting Bonuses?

Many PayPal-friendly betting sites offer a variety of great signup and deposit bonuses along with other promotions for established players. Unless expressly stated in the terms and conditions of a site’s promotion, PayPal deposits allow players to collect bonuses. These bonuses are different depending on what region you are in. McBookie and Vernons are all giving away up to £25 in betting bonuses on PayPal deposits, while Betway and Bwin are offering new customers from the UK up to £30 as a welcome bonus on such deposits or other betting deposits bonuses.

German punters can cash in on €100 worth of bonuses from BetVictorInterwetten, and Titan Bet. It all depends on which country you are betting in. Still, if you are in a region that is PayPal friendly, then there is an excellent chance of a valuable deposit bonus waiting for you when you fund your betting account using PayPal.

Is it safe to use PayPal for Online Betting?

PayPal is safe to use for online betting, available on the safe betting sites list. It is as safe as any other eWallet deposit and withdrawal method, but there is something that users should know. PayPal offers an excellent Buyer Protection Policy. In short, they will reimburse you if you purchase an item and it is either not delivered, or it is not as advertised. In other words, if you use PayPal to buy an item from a merchant and you do not receive that item, PayPal will reimburse you for your losses. However, this protection does not extend to online gambling deposits but will help you to avoid betting scams. If you deposit into a rogue sportsbook that absconds with your money, you will need to go through other channels for recourse.

“You may be reimbursed under PayPal Buyer Protection for a problem with a purchase only if all of the following requirements are met: a. Your purchase is eligible. Purchases of most goods and services are eligible (including travel tickets, intangible items such as rights of access to digital content, and other licenses), except for purchases of the following… …any wager (whether by way of backing or laying against any outcome or otherwise) and any other opportunity to benefit from a gambling activity(if you are purchasing as a UK resident user of PayPal).”

PayPal User Agreement

Sports bettors can avoid this issue by using any of the recommended PayPal betting sites found at Gamblingjudge.com. No matter what payment method you use, it is of utmost importance to only use a reputable bookie.

4 Other PayPal Alternative Payment Methods

Indeed, PayPal is a secure and dependable payment method on gambling sites. However, you may want to try alternatives available on bookmakers by payment methods. Here are some other options: 

Purplepay

Besides being versatile, PurplePay is highly available to players worldwide. While there are many payment methods, player country restrictions apply. Purplepay is accessible across the globe. So, if you live in countries with restrictions, try PurplePay bookmakers and betting sites. You should also check our Amazon Pay bookmakers list.

PayOp

The rise of PayOp bookmakers and betting sites shows that it is a reliable payment method for bookies. It features over 150 150 payment methods for 170+ countries. With PayOp, you perform mass money transfers via eWallets, credit cards, debit cards and internet banking.

Maestro

This is a debit and prepaid card from Mastercard; you need to have an account in a bank to get the card. This is a popular payment in Europe; so, you can use it on European betting sites. Good thing; there are many maestro bookmakers and betting sites on the web, making it easy for many punters to transfer funds. And since it falls under prepaid cards, it might also be used for gambling on prepaid cards bookmakers and betting sites

Apple pay 

Apple pay is a modern payment method that replaces the need for cards. It is safer, easier, private and more secure. To use this payment option, add a credit or debit card to the eWallet app on your iPhone betting list.

What are the Advantages and Disadvantages of PayPal?

Undoubtedly, PayPal is a primary online payment method accepted by many businesses. Its primary advantage is that deposits are instantly processed, making it easy to gamble online with PayPal. Besides, all transactions and personal information are secure. Note; all deposits are eligible for advertised bonuses. Though PayPal may put transactions on hold, it is for your good. This occurs typically in cases of unusual transactions such as out-of-the-country transactions. You might be required to verify your identity. The major drawback with PayPal is that not all bookmakers by jurisdictions allow deposits with this provider. 

PROS

  • Easy to use – signing up is free, making purchases and sending money is straightforward
  • Speedy transactions through the checkout with PayPal
  • Secure platform
  • Highly reliable
  • Some transactions are free

CONS

  • PayPal withdrawals are subjected to a fee
  • PayPal may put your money on hold or may free your account

FAQ about PayPal bookmakers and betting sites

Yes. The United Kingdom allows players to use PayPal as a payment option at betting sites. The betting sites must be licensed in the UK. Many of the world's most reputable brands in sports wagering, such as Betfair or William Hill, are PayPal-friendly betting sites licensed in the UK.

PayPal doesn't levy charges on withdrawing and depositing funds to the online sports betting sites that accept PayPal. However, some sports betting sites may charge deposit and withdrawal fees; so, check with your betting sites first.

Yes, PayPal supports multiple cryptocurrencies. Therefore, it is possible to use your PayPal account to buy Bitcoin

Yes, PayPal esports betting sites allow punters to deposit money into their bookie accounts using PayPal, and the deposits are usually instant. Once you fund your account, you can easily bet on your favorite esport.

Different bookmakers offer different odds values. So, some UK betting sites that accept PayPal may provide better or lower odds. It's up to you to shop around for the best odds.

Betting sites and bookmakers with PayPal: Is PayPal worth it?

Undoubtedly, PayPal is an acceptable payment method with lots of benefits to the punters. Some gamblers term it as the best online casino payment. Apart from being widely accepted, speedy transactions, anonymity, and trustworthiness, PayPal is very secure and comes with PayPal credit cards.

Many sports betting sites incorporate PayPal as a payment method so that gamblers worldwide can quickly deposit and withdraw funds from their bookie account. While bookmakers that use PayPal are some of the best, know that PayPal can be restrictive at times, which might cause inconveniences.