Some 431 million people use PayPal across the globe, while the platform processed around $337B in transactions in the second quarter of 2023. It’s little wonder that there’s such a rising demand for PayPal betting sites in the global marketplace.
There’s a growing number of PayPal sportsbooks in regulated markets such as the UK, US and Canada, including some of the best-known and most reputable brands around. PayPal certainly offers advantages to bettors, including excellent levels of encryption and the ability to link several funding sources securely. Let’s learn more about the best betting sites that accept this popular e-wallet!
While betting with PayPal is convenient and increasingly popular, not every sportsbook offers this payment method. However, we argue that the best betting sites should. In the table below, we consider some sportsbooks and what other features set them apart from their competitors, besides having PayPal as a payment option:
| Best Betting Sites with Paypal | Bonus Offer | Best Features |
|---|---|---|
| Unibet | Get £40 in money back if your first sports wager loses | 60,000+ live streams each year, lots of betting markets, highly competitive odds and boosts |
| Bet365 | Bet £10 and earn £30 in free bets | Advanced in-play betting offers, convenient banking options, superb customer support |
| Betway | £30 matched free bet if your first football acca loses (+50 bonus spins) | User-friendly interface, partial bet positions when cashing out, competitive football odds |
Unibet is undoubtedly one of the best PayPal betting sites and one that’s best known for its extensive live-streaming platform (Unibet TV). This is accessible through both the homepage and the native Unibet apps on iOS and Android, while it streams more than 60,000 live sporting events every year.
PayPal is one of the best ways to deposit at Unibet, as all deposits are processed instantly and with zero fees attached. Just make sure that you have enough funds in your PayPal account to add money to Unibet, and you’re all set. The minimum deposit at Unibet (in the UK) is just £5, meaning that you don’t have to break the bank to bet here with PayPal.
Following your PayPal deposit, you can bet on 35 different sports categories at Unibet, with thousands of betting markets available when wagering on football, basketball, ice hockey, American football and even esports. It is also one of our favourite betting sites with PayPal due to the favourable withdrawal terms and conditions. You need to have at least £10 in your Unibet account to process a withdrawal, and the funds should be transferred to your PayPal account within 24 hours.
bet365 is another of the best PayPal betting sites and one that also extensively live streams sporting events. If you wish to add funds to your bet365 account with PayPal, you can do so with an initial deposit of just £5. As a new customer, your PayPal deposit will activate the welcome promotion, which is a 300% deposit match. Therefore, if you deposit £5 via PayPal, you will receive £15 in free bets to use at bet365. This is a great PayPal welcome bonus, as some sportsbooks only make their welcome bonuses available to customers who deposit with a debit card.
Like Unibet, you need to have at least £10 in your bet365 account to process a PayPal withdrawal, and the funds should be made available to you in just a few hours. Also, if you wish to withdraw to PayPal, you need to have made your initial deposit via this payment method. Alternatively, you can leave the winnings in your account to bet on 30+ sports at bet365 and enjoy unrivalled in-play wagering at one of the very best PayPal betting sites in the business.
Betway is another huge global brand and one that also happens to be one of the very best PayPal betting sites on the market. It certainly offers a well-rounded online betting experience, which is characterised by competitive and consistent odds and a large range of markets from the Premier League and Championship to niche sports such as skiing and cycling. To gamble at Betway with PayPal, you need to deposit at least £5 into your account, and the funds will be made available immediately.
The biggest downside of betting at Betway with PayPal is that you won’t be eligible for the welcome bonus. To access £10 in free bets as a new customer, you must make your initial deposit with a debit card. Of course, you can get around this by initially depositing with Visa or Mastercard, before switching to PayPal for subsequent deposits. On a positive note, all PayPal deposits at Betway are instant, while PayPal withdrawals are typically processed within 12 hours, which is up there with the fastest we’ve seen. Overall, Betway is another viable PayPal sportsbook to consider.
Clearly, some of the world’s leading sports betting brands accept PayPal, which offers a number of advantages to players. In fact, PayPal is one of the most convenient payment methods for betting online, but what are the precise benefits and drawbacks of using a PayPal platform?
PayPal is an accessible banking method and one that enables you to open an account for free. What’s more, no fees are applied to your PayPal deposits, while most transactions of this type are completed instantly.
PayPal is licenced and fully regulated by the Financial Conduct Authority (FCA) in the UK, and similar entities in other regulated markets. It also boasts 128-bit SSL encryption to help secure transaction data while leveraging two-factor authentication when you log in.
When you register for a PayPal account, you can connect this to a bank account in your name and multiple debit or credit cards. This process is quick and secure, while it enables you to draw from multiple funding sources through a single interface. This makes betting sites accepting PayPal highly appealing.
While not all online sportsbooks and betting sites accept PayPal in markets such as the UK, US and Canada, a growing number are embracing the platform. So, you’ll be able to use your PayPal account to good use when betting online!
Despite the payment method’s growing popularity, some operators occasionally prohibit you from using PayPal to qualify for their welcome bonuses. This is because PayPal imposes quite stringent criteria on betting sites, while also applying higher than average transaction fees to merchants.
So, even if you wager at a licensed PayPal betting site, you may have to use an alternative banking method when opting in to receive a welcome bonus. But the good news is that as soon as you can claim it, you can revert back to PayPal for your next deposits and bets.
Before you start betting with PayPal, you’ll need to sign up for an account. Fortunately, this is a secure and straightforward process and one that can be completed by following these steps:
First, head over to the PayPal account and click the ‘Signup’ button, which is located in the top right-hand corner of the homepage. Then, choose between a ‘Business’ and ‘Personal’ account, with the latter ideal for the purposes of gambling and remote sports betting.
Then, you’ll be taken to a separate screen, where you’ll have to enter your phone number (and correct country code), email and personal details. These include your name and address, which will be used to verify your identity. At this stage, you’ll also have to check and read the terms and conditions before proceeding.
You can now link a bank account in your name and one or more payment cards, including both debit and credit options. These can be linked securely and quickly, enabling you to transact online without having money directly in your PayPal account balance. It also affords you access to multiple funding sources through a secure interface.
It’s also a good idea to set up two-factor authentication at this stage, as this will require you to authorise all logins and payments using an additional device (such as your smartphone). You can do this through the PayPal website, simply by heading to ‘Settings’, ‘Security’ and then ‘2-step verification’. From here, simply choose your verification method from the available options and confirm!
Whether you have funds in your PayPal account or have set up access to a bank account or payment card, you’re now ready to deposit and start betting! Just click into your preferred sportsbook, log in and head to the cashier page before selecting ‘PayPal’ and entering the desired deposit amount. Just ensure that these meet the site’s minimum limit and the precise requirements of a specific bonus or promotion.
When it comes to identifying the best PayPal sportsbooks and betting sites, there are several criteria to keep in mind. Many of these considerations remain the same when considering Neteller and Skrill betting sites, while they can help you to choose licensed, secure and easy-to-use sites:
Not only must all PayPal sites be licensed by a relevant and recognised authority (such as the UK Gambling Commission), but they must also boast 128-bit SSL encryption as a minimum security standard.
Ideally, the market-leading PayPal sportsbooks should also offer a broad range of secure payment methods. These include Visa debit, Mastercard credit (outside of the UK and Australia), Skrill, Paysafecard and Neteller, some of which can be linked to your PayPal account, as mentioned before. A variety of secure options is a good indicator of trust; for example, often, the best Neteller betting sites also accept PayPal and Skrill. It would be a bit of a red flag if you only see one payment method, even if it’s PayPal.
When appraising the best betting sites with Apple Pay, you’ll find that these platforms offer seamless mobile compatibility. This is also something that you should look for in a PayPal site, as this simplifies the process of switching between devices, browsing in-play markets and processing real-time transactions. You’ll also want me to be able to make all your PayPal transactions directly on the app or mobile browser itself, not just through the main site.
The leading PayPal sportsbooks should also offer comprehensive and 24/7 customer support, ideally through an array of channels. This should include interactive customer support and email, while any support offered by telephone should be accessible through a toll-free number. Having access to help is key, especially if you should encounter any strange transaction behaviour made under your PayPal account.
PayPal is a convenient and encrypted payment method and one that enables you to process fee-free transactions while also accessing multiple funding sources, among several other core advantages.
Fortunately, there are many betting sites with PayPal in the global marketplace, many of which are secure, trusted and licensed by a reputable body. While PayPal may be ineligible to receive welcome bonuses at some sites, this is a relatively rare occurrence, and it shouldn’t distract from one of the best banking methods in the remote betting market.
A growing number of betting sites now accept PayPal, including global market leaders such as Unibet, Bet365 and Betway.
This depends on your chosen sportsbook. While some enable you to deposit and claim a welcome offer using PayPal, others prohibit this due to stringent guidelines and increased transaction fees.
While PayPal may impose stringent guidelines and transaction fees on certain sportsbooks, you’re free to bet online using your personal account.
You can deposit money into your PayPal account and withdraw money for free. If your chosen sportsbook also refrains from applying charges to your withdrawals, you can access all of your winnings through PayPal!
They sure do! The best betting sites with PayPal all offer a broad range of trusted payment methods, including Visa debit, Skrill and Neteller. It would be quite rare to encounter a betting site with PayPal only.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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