What are the Benefits of Choosing Bookies That Accept PayPal?
Let’s explore why using PayPal on betting sites is such a smart move.
When you choose bookies that accept PayPal deposits, you’re setting yourself up for a more confident and convenient online betting experience. Here’s a breakdown of the benefits:
- Security: PayPal’s high-tech security methods keep your money and personal info safe, so you worry less about fraud and unauthorized transactions. PayPal adds extra security between your bank account and the betting site.
- Speed: Instant deposit and withdrawal services mean you can move money in and out of your paypal account swiftly.
- User-Friendly: Even if you’re not tech-savvy, PayPal’s straightforward layout makes it easy to use.
- Choice: PayPal’s popularity means you have a ton of bookmakers and sites that accept paypal.
- Privacy: PayPal transactions hide your financial details from bookmakers.
- Low Fees: PayPal often has lower or no fees for transactions compared to other payment methods.
- Mobile-Friendly: The PayPal app makes sending and receiving money quick and easy.
- Exclusive Perks: If you use PayPal that might qualify you for special bonuses and promotions on the best paypal betting sites.
- Currency Flexibility: PayPal supports various currencies. It is an ideal payment method for international bettors.
- Support: If there’s ever a dispute or issue, PayPal’s customer support and dispute resolution services have got your back. Plus, there is customer support on the top PayPal betting sites. The team there will help you out if you run into any issues with PayPal deposits, PayPal withdrawals, bonus bets, online gambling, etc.
What Are the Drawbacks of Betting Sites With PayPal?
Yes, PayPal is super reliable, safe, and fast, which is why lots of gamblers love it. But hang on—there are some drawbacks too that you should know. Here’s what you should keep in mind about online bookmakers that accept this payment method:
- Account Freezes: PayPal has strict rules and can freeze your paypal accounts if they suspect suspicious activity.
- Availability: PayPal isn’t available for online betting in every country. This limits its usefulness if you’re thinking about betting with paypal internationally.
- Account Verification: Sometimes when you’re betting online, you might run into issues like not being able to validate your info or link your PayPal account, which can really slow things down.
How to Open a PayPal Account?
Here’s how to get started on betting with paypal:
- Head over to the PayPal website or download the app and hit ‘Sign Up’.
- Choose a Personal account if you’re looking to bet, send money, and shop, or go for a Business account if you need more advanced features.
- Pop in your phone number. Make sure the country code is right.
- Fill out your details and password.
- Read through and agree to the Terms of chosen.
- Link a bank account or card to fund your PayPal account.
- Turn on 2-step verification for added security.
- Now, you are ready to sign up and deposit funds on betting sites that accept PayPal.
How to Deposit Money With PayPal?
Gamblers can easily use PayPal to fund their online betting accounts. Here’s a simple guide to help you make a deposit on online betting sites:
- First, link your bank account or debit card to PayPal and transfer the money you need.
- Log in to your sportsbook: Make sure this betting site accepts PayPal.
- Once you’re in, navigate to the cashier section.
- Select PayPal as your deposit method and enter the amount you want to deposit into your betting account.
- If you have two-factor authentication set up, you’ll get a prompt (via SMS or an app) to confirm the transaction. Your deposit will show up immediately.
- With your account funded, you can place bets or play casino games. You can choose PayPal or another payment method for withdrawing funds.
How to Withdraw With PayPal?
If you’re looking to cash out quickly from your betting site, PayPal is a smart choice. With PayPal, you can get your winnings within 48 hours. A lot of times, it’s even faster—like 24 hours or instantly. The variation in PayPal withdrawal speeds often comes down to the betting site’s processing time. Each sportsbook has its own rules for approving PayPal withdrawals. Read the Terms and Conditions page of the betting site to understand how long you will have to wait.
Here’s how to withdraw with PayPal:
- Go to your bookmaker’s website and head to the cashier or payments section.
- Choose to withdraw your winnings.
- Select PayPal as your withdrawal method.
- Enter the amount you want to withdraw.
- Confirm the transaction with a click on the submit or confirm button.
- That’s it! Wait for the money to arrive in your PayPal account. You can check it on a PC (Mac) or in your PayPal mobile app.
Are There Any Fees and Limits For Using PayPal on UK Betting Sites?
Using PayPal to deposit or withdraw from recommended betting sites won’t cost you extra. The only fees PayPal charges are for currency exchanges, so it’s pretty handy if you’re sticking to your currency!
Regarding fees imposed by bookmakers, as we said, if you gamble on the betting sites we recommend in this review, you shouldn’t worry. None of those bookmakers charge fees to players who use PayPal. However, some other betting sites may charge fees for using this payment method.
Which Countries Accept PayPal Payments?
PayPal can be used by residents in over 200 countries, supporting 25 different currencies. So it’s pretty handy if you’re playing online casinos from various locations like:
- United Kingdom
- United States
- Austria
- Italy
- Sweden
- Poland
- Malta
- Canada
- India
- Brazil
- Peru
- Niger
- Egypt
- South Korea
- France and more.
Countries where PayPal is generally not available include:
- Afghanistan
- Bangladesh
- Pakistan
- Iraq
- Iran
- Lebanon
- North Korea
- Syria
Bonus Restrictions for PayPal Users at Online Casinos
Many online casinos and betting sites offer their new and current customers various bonuses (sports bonuses, free bets, free spins, cashback, reload bonuses, etc). Usually, to unlock these offers, you need to make a qualifying deposit. But, be aware that PayPal and other digital wallets often aren’t eligible for these bonus-triggering deposits. It’s super frustrating to find this out after you’ve already deposited, so always make sure to check the terms and conditions first.
Here’s why these restrictions usually exist on online sports betting sites:
Transaction Costs
The fees for using PayPal are generally higher than other methods like direct bank transfers or debit cards. Since these costs fall on the paypal betting sites, using PayPal could mean a financial hit for them if it qualified for bonuses.
Anti-Fraud Measures
KYC (Know Your Customer) checks for e-wallet transactions, including PayPal, aren’t as thorough. By excluding PayPal from bonus offers, betting sites reduce the risk of people exploiting bonuses, like claiming the same offer multiple times.
Are There Bonuses Specifically for Betting with PayPal?
If you’re looking to get the most out of your online betting using PayPal, then you should specifically choose PayPal betting sites. They attract new and retain existing players with awesome incentives. Newbies receive hefty sign-up bonuses, and loyal fans enjoy loads of ongoing promos like free bets, more competitive odds, etc.
These deals often pop up during big sports events, like the Premier League kick-off or major boxing matches. To snag these perks, you just need to make the required minimum deposit, or place the necessary bet (and sometimes enter a promo code). Here’s a breakdown of five killer PayPal betting bonuses that bookies offer:
PayPal-Specific Free Bets
Some bookmakers offer free bets specifically for making a PayPal deposit. You make the qualifying deposit and bam—get free bets worth a certain amount. These usually come with conditions like minimum odds, but they’re a sweet way to possibly up your winnings without risk. PayPal betting sites offer many diverse, specific welcome bonuses for players who use this payment method.
Enhanced Odds for PayPal Deposits
For those looking to maximize returns, some bookies boost odds for certain events just for PayPal depositors. This means if you deposit with PayPal, you could get much better odds compared to others.
PayPal Deposit Cashback Offers
Long-term bettors and frequent PayPal users can score cashback deals. This could be a cashback on losses for a certain period, such as 10% cashback on your weekly losses when you use PayPal.
Matched Deposits
Watch out for matched deposit bonuses. If you deposit £20, the site might match it 100%, giving you an extra £20. That doubles your play money to £40.
Exclusive Tournaments or Competitions for PayPal Players
Lastly, some sites run exclusive tournaments or competitions for PayPal users. These might require a PayPal deposit to enter and can range from leaderboard challenges to random prize draws, with rewards like cash or free bets. Pretty exciting, right?
PayPal Betting: Bonus Terms and Conditions
Before you jump in and grab that bonus, make sure to really dig into the fine print because each sports betting offer comes with its terms and conditions. Here are a few key T&Cs to watch out for when picking a new PayPal betting platform:
Exclusion of Certain Payment Methods
Often, UK betting sites only allow deposits from traditional debit cards to qualify for bonuses, excluding digital wallets and pre-loaded cards. To be safe, you might want to use a debit card for your first deposit and switch to PayPal later.
Initial Deposit or Bet Threshold
Most top PayPal betting sites in the UK require a minimum deposit, usually between $5 and $20, to qualify for their welcome bonus.
Requirement for Minimum Betting Odds
To get bonuses, your qualifying bets usually need to meet certain minimum odds. These aren’t generally too strict, but they could apply to any free bets you snag, too.
Time Frame for Bonus Expiry
Bonuses expire, often within a week. However, some PayPal-friendly sites might give you up to three months to use your bonuses.
Limitations on Betting Markets
Sometimes, your free bets can only be used on specific sports or betting markets, and might only be valid for certain types of wagers or events.
Caps on Winnings
There’s often a cap on the maximum free bet and winnings you can get from your bonus bets at PayPal betting sites.
Playthrough Requirements
T&C rules tell you how many times you need to bet your bonus amount before you can withdraw it. The best PayPal betting sites often don’t have tough wagering requirements.
Just keep these points in mind to make the most out of your betting with bonuses!
Can I Gamble on Mobile Devices with PayPal?
You can totally gamble on your mobile device with PayPal. The betting sites and online casinos we suggest are mobile-friendly and also allow you to use PayPal for deposits and withdrawals. It’s super convenient because you can manage your funds securely while on the move. If you decide to use a betting site that is not on our list, just be sure to check that the casino or betting site you choose supports PayPal and works well on mobile devices.
