Best PayPal Betting Sites 2020

First and foremost, gambling sites that accept PayPal allow you to deposit funds without being charged. This is typically the case whenever PayPal is used to purchase goods or services, as the platform makes its money through other channels.

As such, gambling sites PayPal accepted are not charged by the payment processor for accepting deposits, so they don’t need to pass on transaction fees to players like they do with debit/credit cards.

In a similar nature to debit/credit cards, deposits at gambling sites that use PayPal are instant. As we cover in more detail later on, all you need to do is log in to your PayPal account via an online bookmakers site, enter the amount you wish to deposit, and the funds will be added to your betting account instantly.

With techniques being used by cyber-criminals getting more and more elaborate, you need to be extra careful when using your debit/credit card details online. Such details are often craved by bad actors in the online arena, so you need to decide whether you think it’s worth the risk using a debit/credit card at a gambling site.

With that said, gambling site that accepts PayPal add an extra layer of security on your deposits, as you are never required to enter your debit/credit card credentials at the sportsbook. Instead, PayPal already has your details, so you merely need to log in.

A further benefit of online betting using PayPal is that you will have access to multiple payment methods at the click of a button. This is because PayPal allows you to link up several debit/credit cards and bank accounts on a single account. As such, you can choose your funding source with ease when using PayPal sports betting sites.

Without a doubt, the main benefit of betting sites that use PayPal is that you will have access to same-day withdrawals. This is in stark contrast to debit/credit card withdrawals, with operators typically taking 24-48 hours before the cashout request is authorized.

You would then need to wait a further 1-3 working days before the respective card issuer credits the withdrawal. On the contrary, betting sites you can use PayPal on have the remit to process e-wallet withdrawals in just a few hours.

Finally, once the PayPal betting site has processed your same-day withdrawal, the funds will arrive back into your PayPal account. The good news is that you can withdraw the money out of PayPal and straight into your UK bank account. In fact, as long as the bank account has been verified, the funds will arrive instantly via the Faster Payments Network.

First and foremost, you need to find a PayPal betting site that meets your individual gambling needs. This can be challenging, as there are heaps of gambling sites accept PayPal that are active in the UK market. As such, we would suggest assessing what your priorities are.

For example, are you interested in PayPal bet sites that offer the fastest withdrawal times, or is the number of betting markets more important to you?

Once you’ve assessed what you are looking for in an operator and subsequently chosen a PayPal betting site, you’ll need to open an account. The process works exactly the same as any other online betting site, meaning that it will take less than 2 minutes to register.

To complete the process you’ll need to enter the following details:

• Full Name
• Home Address
• Date of Birth
• Telephone Number
• Email Address
• Username
• Password

So now that you’ve opened an account, you are now ready to deposit funds at your chosen PayPal betting site. First, click on the deposit button, which you should find within your account portal. You will then need to scroll down through the many different payment methods supported by the betting site until you find PayPal. Once you do, enter the amount you wish to deposit.

Note: If you don’t already have a PayPal account, you can open one on the spot. You’ll need to provide PayPal with some personal information and then link your debit card and bank account.

A pop-up box will then open – requesting you to enter your PayPal email address and password. In doing so, PayPal will then ask you what payment source you want to use, before confirming the transaction.

All being well, betting sites PayPal typically credit deposits instantly.

Assuming that you are now ready to make a cash out, the process operates much the same as withdrawing funds to a debit/credit card. For example, you’ll need to head over to the banking section of the online betting PayPal platform, and then enter the amount that you wish to withdraw.

Once you submit the withdrawal request, you’ll likely find that betting sites accepting PayPal will authorize and process it within a few hours. As soon as they do, the funds will arrive in your PayPal account instantly. You can then use the funds to make a deposit at an alternative PayPal betting site or better yet – withdraw the funds back to your UK bank account!

If you’re based in the UK, then your chosen PayPal gambling site must be regulated by the Gambling Commission. If it isn’t – and it continues to accept UK players, then it is doing so illegally. As such, always check that the PayPal betting site is authorized and regulated prior to signing up.

Once you have ascertained that PayPal deposits are supported, you then need to assess the sports betting arena. At the forefront of this is the number of markets that the platform supports.

You also need to explore what sports the PayPal gambling website offers. While we would expect the likes of football, cricket, rugby, and tennis to be supported, it’s always nice when less popular sports are covered, too.

Check to see whether or not the PayPal betting site has an in-play section. If it does, it’s worth exploring what betting markets are available while the game is still being played – as well as the types of odds that are on offer.

If you’re a new customer at the PayPal betting site in question, then you might be eligible for a welcome bonus. We say “might”, as some gambling sites do not allow you to claim a welcome bonus if you are looking to deposit funds with PayPal. The reason for this is that it is much easier to engage in bonus abuse when using an e-wallet.

Although PayPal is by far the fastest payment to use when it comes to withdrawals, you still need to check how long the betting site takes to process requests. Some operators will process e-wallet withdrawals in less than 3-6 hours, so be sure to check this before signing up.

You also need to make some considerations regarding customer support. We prefer platforms that host a combination of live chat, telephone support, and email. Furthermore, we also prefer bookmakers that offer customer support on a 24/7 basis.