Gambling Websites That Use Paypal

If you’re looking for an online betting site with an easy-to-use method to deposit and withdraw your money, you might be interested in checking out PayPal betting sites. Betting sites that work with PayPal have already done the heavy lifting and set up an easy-to-use, fast way for you to fund your betting account and withdraw your winnings.

Withdrawing money using PayPal. Go to the cashier of your poker room. Choose PayPal as your payout option. Specify the amount you wish to withdraw. Wait until the transaction is fully processed.This usually takes 2 business days. Poker Sites that accept PayPal. The following list of poker sites offer poker PayPal deposits and withdrawals. PayPal at a glance Back in 2003, PayPal made the decision to voluntarily withdraw from being a payment option for many gambling sites, only resuming their service in 2010 for a select few websites. Doing so only for organisations that operate in countries where gambling is legal, PayPal have now ensured that they are a.

  1. Until 2003, online gambling with PayPal was widespread; in fact, at that point, PayPal was the top internet gambling payment processor in the world. But that year, PayPal decided to stop accepting online gambling payments to ensure they were on the right side of any legal issues in the United States and other nations.
  2. PayPal only works with trustworthy sites in areas where online gambling is legal. That means you can usually trust the sites who accept PayPal. You can use PayPal at legal online casinos in Nevada, Delaware and New Jersey. You can use PayPal for fantasy sports. If you can use PayPal for deposits, chances are you can use it for cash outs.
  3. PayPal betting sites are among the safest gambling websites in the world. When you deposit via PayPal, you’ll know that your deposit is protected by the same protocols as any other transaction using the service.

You’ll see in our list below some of the best PayPal betting sites offering a trusted, top-notch experience. All you have to do to get started today is check out a few of these sites, find the one that fits best for you, and start trying to rack up a win!

Betting Site
BonusBet Now
1 up to €30 Free BetGo to Site
2
22Bet
100% up to €122Go to Site
3100% up to €200Go to Site
4
10Bet
100% up to €50Go to Site
5 100% up to €50Go to Site

The Advantages of PayPal Betting Sites

Before we get into how PayPal betting sites work and a few other things you need to know, we want to cover the advantages of using one of these sites. Below, you’ll find a list of the three biggest perks of choosing to bet with a PayPal betting site. These are not all of the perks, but certainly, they’re the three biggest that we wanted to make sure to point out. It doesn’t matter to us what type of betting site you use, as long as you use the best one that works for you. That being said, you’ll probably see that PayPal betting sites are probably going to be a good fit for a lot of you.

Privacy of Your Banking Information

PayPal is a massive international company that is trusted by pretty much every business in the world. With a market cap of over $50 billion, they’re certainly not some fly-by-night processor that you have to worry about. We share all of that information to point out that you can trust your banking information with them.

Now, we have a lot of trust with the online betting sites that we recommend, but you may have never heard of them and might be a little skeptical about giving them your banking information. You might not be ready to just surrender your trust and your information. This is where PayPal comes in.

Most people that use PayPal (179 million users) choose it so that they don’t have to use their banking information with any other online sites. Instead, they use PayPal as a middleman to do all of their transactions. As you’ll see when we discuss how PayPal deposits work, they take the money from your credit card, debit card, or bank account, and then they complete the transaction with their own banking information. So, no matter how many sites or companies you use PayPal with to make purchases or deposits, you never have to share your banking information with any of them.

This helps to keep your personal banking information or card information safe.

Easy Method to Withdraw

Not only is PayPal great for getting your money onto an online betting site, but it’s also a great way for you to withdraw your winnings. Typically, if you use PayPal to deposit onto a site, they will then allow you to use it to withdraw your funds. The only reason they require at least one-lifetime deposit is to make sure that when they withdraw the money, it goes to the right account. So, you can make a $5 deposit on PayPal, and then withdraw as much money as you want for the remainder of the life of your account.

Usually, there are no or low fees associated with this withdrawal method (depending on the site you choose to bet with). The cash-out wait period is typically only a few days at the most from the time of your request to become available in your account. Some sites can even get these cash-outs done in less than 24 hours!

Is that the process is already set up. Once you make that one deposit through PayPal, you have nothing else that you have to do to set up your withdrawals. All you have to do to get your money is request it from the site, and then it automatically gets sent to your account. We like easy in this industry.

Fewer Headaches and Bank Issues

If you’ve ever tried to make a deposit into an online betting site before, you know that sometimes there can be issues. Specifically, you’ll run into one of two problems. One, the method you are using is confusing or not well laid out and can be more headache than it’s actually worth. Or two, if you’re using a mainstream option like a credit card deposit, you may run into problems with your bank declining the charge because they think it’s fraudulent. Usually, you can work around this, but it requires you to call your bank and work with them to get the transaction through. With PayPal, though, there are usually no issues with any bank as it is such a major reputable business.

How Does a PayPal Deposit and Withdrawal Work?

Some of you may have never used PayPal before, which could make this option seem a little bit intimidating. But, never fear – we’re going to walk you through exactly how it all works. There’s a reason that over 179 million people choose to use PayPal.

Deposits

Normally, when you make an online purchase (a deposit is the same as a purchase), you have to give your payment information to the site you are making the purchase with. This could be your banking information, your debit card number, or your credit card number. The site then takes their money and puts the funds in your account or sends you the product you are purchasing.

Gambling Websites That Take Paypal

If you end up making a purchase with 10 different sites, 10 different companies now have your information in their systems. If you make 100 purchases, 100 different companies have your information in your systems. This is not a big deal unless one of these sites gets hacked and their information becomes comprised. Obviously, if you have your information with more sites, you’re more likely to be a victim of a mass hacking, which happens far too often at all different types of online businesses these days.

That
But When you make a purchase (or a deposit) with PayPal, PayPal acts as a middleman insulating you from the other company. They look at how much the purchase is for and then go and take that money from either your credit card, debit card, or bank account. Then, they move the money into their PayPal bank account and use their own account to complete the purchase.

During this process, the only company that sees your banking information is PayPal. Technically, you make a purchase/deposit with PayPal first, and then they go and make a secondary purchase/deposit on your behalf using their own banking information. This means that the site you are buying from will only see PayPal’s information. That means if that site is ever hacked, the only company that needs to worry about their information being compromised is PayPal. You are completely protected and insulated.

So, even if you make 1000 different purchases online using PayPal, only one company sees your banking information. And that company has 179 million users, more than a 50 billion dollar market cap, and some of the best security possible. You only have to give your information to one major company that you can trust.

We’re not saying that online betting sites are more susceptible to getting hacked, but why not take advantage of the added layer of security just in case? In fact, you should probably be using PayPal or a site like it with all of your transactions online.

Withdrawals

When you’re making a withdrawal with your PayPal account, you’re equally as insulated. Just as there were two transactions with a deposit (you pay PayPal, and then they pay the betting site), there are two transactions when you make a withdrawal. PayPal will provide their banking information when you request a withdrawal, and the betting site will send your money to PayPal’s main account. Then, PayPal will make a second transaction, transferring your money from their main account into your personal PayPal account.

Now, if you’ve never used PayPal before, the next obvious question is how do you use your money? Well, you have two options.

Is to transfer the money back to your bank account. This is free to do and usually takes no more than one business day. PayPal also has an instant withdrawal option that costs $0.25 no matter the size of the transaction. It will then credit the money back to your debit card.
Is to leave the money in your PayPal account and use it to pay for things online. Typically, most online companies will accept PayPal as a form of payment, including stores as well as bill pay options. You have a ton of flexibility to use PayPal if you don’t want to move the money back to your bank account. But that only takes one day at the most and is free, so it’s really up to personal preference. The bottom line is that withdrawing your funds from a PayPal betting site is extremely easy and definitely one of the perks.

Things You Need to Know

Before we send you out on your own, we wanted to point out a few additional important things that you need to know about PayPal betting sites. We want to make sure that we answer as many of the most popular questions and topics of discussions surrounding these types of sites.

Use

Be Aware of Potential Limits

One thing that you’re going to run into when using a PayPal betting site is limits on how much you can deposit. Typically, these limits are going to be high enough for most, but if you’re a big player, you may have a few issues you have to work around. The limits are all over the place depending on where you are betting, with the low end being a couple hundred and the high end being well into the multiple thousands.

If you happen to run into limit issues, you can always ask to have your limits raised. Usually, the limits will be on the betting site’s end, so you’ll just need to contact their support and ask them to raise your limits. They should oblige but may require some additional information from you just for security purposes.

Csgo Gambling Sites That Use Paypal

Time Frames for Deposits and Withdrawals

PayPal deposits are usually instant after you click to make the deposit from the site. But keep in mind that you will need to set up your PayPal account if you don’t already have one. It doesn’t take too long, but you will need to link a bank account or credit/debit card to your account which will take a few minutes.

Regarding PayPal withdrawals, they usually process within a few days at the max. The reason they aren’t instant is that once you request the withdrawal, the betting site has to process the withdrawal, and then it has to go through its “two transactions” before it finally gets to your account. How quick the betting site is at getting to your withdrawal request will determine how quickly you get your money.

But from what we’ve seen, it usually doesn’t take more than a few business days, which is fast for the online betting world.

Are There Any Fees?

Gambling Websites That Use Paypal Transaction

What we normally see at PayPal betting sites are no fees on deposits or withdrawals. Rarely, we will see a small fee on withdrawals, but never have we seen one on a deposit. The fees that PayPal charges to make their money on your deposit are always absorbed and paid by the betting site.

Safety and Security

We touched on this during the benefits section of our guide, but we wanted to drive it home a little further. Online betting sites aren’t any more dangerous than other online sites in other industries. In fact, the reputable sites are typically a lot safer than the other online merchants you might use because they spend a lot extra to keep your information and money safe. They usually have to have the same level of protective measures as a bank, which means you can expect great security. Remember, this is only with reputable online betting sites, though.

All that being said, you still should be looking to do everything you can to make your online betting experience as safe as possible. When you use PayPal to fund your account and withdraw your winnings, you’re going the extra mile to make sure your information is safe. You never have to share any of your personal banking information with any of the online betting sites you use. That means that if they ever somehow get hacked or have a data breach, you’re not going to be at risk.

So, if your question is whether or not PayPal betting sites are safe, they are as long as you are using a reputable site.

In Conclusion

If you’re looking to get into the betting action and want a safer experience, you’re probably going to be a fan of PayPal betting sites. These sites offer you a quick way to load money online and a quick and headache-free way to get your winnings off. To get started, just select one of the PayPal betting sites we’ve recommended at the top of the page, and get yourself into the action today!

PayPal is the registered trademark of PayPal, Inc. TheSportsGeek.com is in no way associated with PayPal or PayPal, Inc.

PayPal is a form of electronic storage for your cash. Add or remove funds to or from your normal bank account into your digital PayPal wallet and use these funds to pay for things online as you would do usually with your bank card. PayPal can be used to deposit into UK online betting accounts in countries anywhere where online gambling is regulated.

  • Paypal:

Betfred - Best PayPal Betting Site

PayPal is a more expensive option for betting companies due to higher fees, which is why less offer it compared to other methods and with most operators tbe minimum deposit is £10+. Betfred stand-out among online bookmakers when it comes to betting with PayPal for a number of reasons, but one of the main benefits is the £5.50 minimum deposit level, lower than almost every other brand.

Withdrawals also start at just £5 and can be made up to £5000 in a single transaction, again better than most of their competition. Betfred have been in the business a long time and have a good grip on what customers want from a betting company, this is evident when you look at their PayPal limits.

Deposits are instant and withdrawals take up to 48 hours, this is mainly due to processing time for Betfred, you will find in many cases withdrawals happen much quicker than this. With Betfred having high street shops too it means you can bet through PayPal and withdraw in cash from an online funded account in their shops if you wish.

Online Bookmakers That Accept PayPal

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SiteMin DepositMin WithdrawQuick RegFeesWithdrawal TimeVisit
Betfred£5.50£5No0%Up To 48hrs
BetVictor£10£10No0%1-3 Days
T&Cs Apply, 18+
Mr.Play£10£10No0%Up To 3 Days
Paddy Power£10£10No0%4-24 Hours
T&Cs Apply, 18+
888 Sport£10£3No0%2-3 Days
Vbet£5£5No0%2-3 Days
T&Cs Apply, 18+
William Hill£10£10No0%Up To 24hrs
Ladbrokes£10£0.01Yes0%Up to 24hrs
T&Cs Apply, 18+
Coral£10£0.01Yes0%Up To 24hrs
Betfair£10£1No012 - 24hrs
T&Cs Apply, 18+
NetBet£10£10No0%Instant
MansionBet£10£10No0%Up To 48 Hours
T&Cs Apply, 18+
Parimatch£10£10No0%1-3 Days
Sport Nation£50£500%Up to 3 Days
T&Cs Apply, 18+
Novibet£10£10No0%Up To 24 Hours
Unibet£10£15No0%Up To 12 Hours
T&Cs Apply, 18+
10Bet£10£10No0%1-2 Business Days
Tonybet£10£10No0%Up To 48 hrs
T&Cs Apply, 18+
BETDAQ£10£10No0%Up To 48 Hours
LeoVegas Sports£10£10No0%24 Hours
T&Cs Apply, 18+
Boylesports£5£10No0%Up To 24 Hours

By loading funds from your existing conventional checking account you can deposit and withdraw without needing to carry various cards and passwords around with you. Through PayPal you can send and receive money with many UK online betting sites offering a convenient and easy to manage your betting. Most of the bigger UK bookmakers accept PayPal with similar deposit and withdrawal limits and rules to conventional debit card transactions.

Using an electronic wallet service like this comes with several advantages. Funds clear more rapidly with PayPal than through standard banking meaning you can use your money within 24 hours of making a withdrawal and quite often this can occur within several hours. You would still need to withdraw from PayPal back to your bank account for full access to your cash and this will take 2-5 working days due to normal banking procedure. PayPal also offers some added security by not requiring you to constantly enter various card details across several sites.

Ultimately though PayPal gives you flexibility. By managing your betting wallet in this way you can see clearly what you are depositing and withdrawing without these transactions being lost with your usual grocery shopping. Through PayPal you could build up funds to a certain amount before you withdraw so you can get more out of your winnings. Alternatively you can use your PayPal funds to spend as you usually would as this service is now accepted by many companies worldwide.

Some UK betting sites also offer PayPal quick registration allowing you to sign up, deposit and receive your bonus in a matter of minutes without you needing to enter your details over and over again (see below for more).

If you are looking for casinos that accept PayPal visit our friends at OnlineCasinos.org.uk

PayPal Gambling

It is a misconception that PayPal cannot be used to fund online betting and gambling sites in the UK. It is true that in the USA, Canada and any jurisdiction where gambling activities aren't formally regulated (or are outright banned) PayPal cannot be used to deposit or withdraw funds into gambling sites.

But in the UK (and certain other EU countries) PayPal acceptance is now common place. Having said this, not all bookmakers offer the service - see the table above for a list of betting sites that accept PayPal.

PayPal make it necessary to complete their full verification process before you can use the service to fund a betting account. This is largely to prevent fraud and it is one reason why you can predominantly claim introductory offers when using the eWallet, which is not the case with wallets such as Skrill or Neteller.

How to Use PayPal

Many people have a PayPal account these days. If you already have an account simply make sure your eWallet is loaded with funds and select PayPal from the list of deposit options. As long as the name of the PayPal account matches the name registered on the betting site then this will be fine, even if the two use different email addresses. Usually you will not be able to withdraw to PayPal if you have not made your deposit using this method.

If you don’t have a PayPal account signing up is easy. This does take a few days however as PayPal will need to verify that your address and bank account belong to you. They will do this by sending you a code in the post and also by transferring a nominal amount into your account with a specific reference code to be entered online. Once your account is set up you can load it with funds from which you can deposit into your betting account and play with as normal.

Although initial set up may take a week or so it is worth it. As soon as you have your bank account linked to your PayPal digital eWallet you will be able to manage all of your online betting easily from one place. It is also convenient for when your bank card expires, in this case you only need enter the new details once into PayPal rather than changing your card on each site it is used on. You can also have several of your own cards and bank accounts linked to the one PayPal account giving you more flexibility in funding options.

PayPal Quick Registration

Some leading betting sites now offer PayPal quick registration (indicated in the table at the top of this page). Coral and Ladbrokes were one of the first to bring this in.

This allows you to register with sites using your existing PayPal credentials. You are in essence giving PayPal the authorisation to share your name, address, date of birth, etc., with the online bookmaker. The main benefit of this is you can register in quite literally a matter of seconds while at the same time have you deposit method already set up. This also has the added bonus that you only need to fill in your details once, with PayPal.

History of PayPal

PayPal and its precursor Confinity were developed at the end of the last century as a new way to transfer money however it was through its association with eBay that the company really took off.

In a new era for online commerce eBay offered a pioneering way to buy and sell goods quickly and people wanted payment mechanisms to match this. Although eBay had their own payment system known as Billpoint by 2002, 70% of auctions on the site were accepting PayPal as their preferred payment method, and so in July of that year eBay bought PayPal for $1.5 billion. PayPal quickly went on to become the default payment choice on eBay but remained an independent business allowing it to be used with other online providers.

Online Gambling Sites That Accept Paypal

Over the next few years PayPal grew enormously and by 2010 had over 100 million active users. Today PayPal claim over 200 million users, operating in over 200 countries and in 25 different currencies. PayPal spun off off from eBay as a separate entity in 2015.

One of PayPal's founders was Elon Musk, who famously went on to launch his own private space rocket venture, Space X, with ambitions to send the first humans to Mars no less. Switch over to OnlineCasinos.org.uk for a more detailed history of PayPal along with key facts and contact information.

Countries Where PayPal Can Be Used For Gambling

PayPal currently operates in 202 countries world-wide but is not available for use for gaming, gambling and betting in all. Here is a list of countries where PayPal can be used for gambling purposes.

  • UK
  • Austria
  • Belgium
  • Denmark
  • Finland
  • France
  • Greece
  • Ireland
  • Italy
  • Portugal
  • Spain
  • Sweden

The above list is not necessarily exhaustive, it is worth checking with PayPal directly if you are unsure of whether they allow use of their services for gambling in your region.

Security

Conformity, the precursor to PayPal, were actually company set up to develop security software and so PayPal has been set up with security in mind from the get go. PayPal operate all of the industry standard measures to keep your data locked up tight. On the whole it is much safer to leave your bank account details with a third party like PayPal rather than enter them over and over again each time you make a new transaction online.

PayPal in fact err on the side of caution a lot and will lock down your account quicker than any bank would if they suspect fraudulent activity. At onlinbetting.or.uk we are security conscious so we recommend all our customer to set up two step authentication on their PayPal accounts for added security.

Gambling Sites That Use Paypal Canada

Fees

There are two ways you could be charged a fee for using PayPal, one from the betting site and another from PayPal itself. With so many payment options around these days any high fee system would be shunned so PayPal is pretty much free to use with most online betting sites that offer the service.

PayPal do have a range of fees for sending and receiving money although this is usually only if sending between countries or converting between currencies. If for example you have a UK bank account and bet in British Pounds with a UK bookmaker it is highly unlikely you will incur fees.

How do PayPal make money then if they don't charge you fees personally? Well, by charging the operator fee, in this case the betting company. Some operators choose not to pay these fees and it is one primary reason why the feature is not ubiquitous. Please do note PayPal may charge you fees for funding your digital wallet from certain sources such as credit cards as this is counted as cash.