PayPal Betting Sites 2020

Sports Betting With PayPal UK

If you are partial to a spot of sports betting, you may well have noticed that an increasing amount of online sports bookmakers offer you the chance to use PayPal to fund your account. PayPal has become a dominant brand on the internet over the last 20 years or so, and has developed a reputation for convenience and security that few of its rivals can match.

In this review, we’ll take a closer look at how PayPal betting sites work and how easy it is to enjoy some sports betting with PayPal as your payment method. Read on to find out how to use PayPal for sports betting, how to find bookmakers that accept this method, and much more besides…

Making a Payment With PayPal – Step by Step

Using PayPal betting sites is very simple, and all you need to do it is a verified PayPal account. We’ll tell you how to acquire a verified PayPal account later on in this review, but it is a very simple process. Equally simple is the process of making a payment with PayPal. Depositing funds in your betting account is something that even complete newcomers to the world of sports betting should be able to do.

The process has four simple steps to it. We have outlined these for you below.

  1. Click on the PayPal button when you choose a payment method to fund your betting or casino account.
  2. Enter the amount of money you wish to deposit. You should then be redirected to the PayPal website.
  3. Review the payee information and check the amount again.
  4. Click on ‘Send money now’ – this should mean that the money will be in your betting account inside a matter of minutes.

As you can see, the whole process of making a payment with PayPal is very simple. This is partly why sports betting with PayPal has become so popular in recent years.

Average Time of PayPal for Deposits and Payouts

If you are wagering at one of the PayPal betting sites UK players can bet at, your waiting times should not be too long. Deposits at PayPal betting sites are usually processed immediately, with the money appearing in your account almost instantly. While we cannot guarantee that this will happen at every single one of the PayPal betting sites that we feature here at Betting.co.uk, it is true for the majority. Any delays that occur are likely to be due to the bookmaker’s own processes rather than any delay on PayPal’s part.

Withdrawals of winnings from PayPal betting sites UK punters wager at may take slightly longer to process than deposits. This is usually due to the betting site or casino taking longer rather than anything PayPal do, however.

PayPal Verification Requirements

PayPal’s verification requirements are also very straightforward. All you need to verify your PayPal account is a checked and confirmed bank account or debit card. Once you have assigned a bank account or card to your account and it has been checked your PayPal account will be verified. You will then be able to use it to pay for a wide variety of goods and services online as well as enjoying some sports betting with PayPal. It really is that simple to use PayPal. This simplicity is a big part of its popularity across the world, and not just with online sports bettors.

The History of PayPal

PayPal’s history begins in 1998 when a company called Cofinity was founded by Max Levchin, Peter Thiel, and Luke Nosek. This company’s purpose was to develop and maintain security for mobile phones and other handheld devices, the popularity of which was set to increase hugely in the coming years. In 2000, Cofinity merged with an Elon Musk-owned venture called X.com – an internet banking venture. By 2002, PayPal as it was now known had been acquired by internet auction site eBay, a relationship that would continue right up until 2014.

By 2010, PayPal was operating in 190 territories in 25 different currencies, and there were over 100 million verified PayPal accounts in existence. By 2014, PayPal had split off from eBay, but in 2019 it would partner up with another giant of social media – Instagram. It is headquartered in San Jose, California, in the United States, but there are also offices in Germany, the Republic of Ireland, and Singapore. The PayPal betting sites UK punters can use are therefore just a small part of the overall picture. PayPal really has become a giant brand when it comes to internet commerce.

PayPal to Other Providers Compared

While using PayPal to fund your sports betting account is very convenient and simple, there can be drawbacks to it too. Not every bookmaker accepts PayPal as a payment method, so you may be disappointed if you are eyeing up a certain bookie and then they don’t accept PayPal. If this is the case and your heart is set on using a certain bookie, we would recommend that you use a Visa or Mastercard debit card for betting. Both of these types of cards are widely accepted, allow you to deposit and withdraw funds with no charges, and allow you to claim welcome bonuses and other promotional offers from bookies and online casinos.

So there are other options other than PayPal for betting. Sports fans may also want to check out some of the alternative payment methods that we mention below. You should note, though, that credit cards cannot be used to fund your sports betting account any longer, for reasons we will outline below.

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Most Popular Payment Methods

While PayPal betting sites are very popular and are becoming much more common, PayPal is not the only payment method that you can use. Debit cards are one of the most popular payment methods among online gamblers. Visa and Mastercard debit cards are accepted at almost every online bookie. They provide great security and safety and also allow you to claim the full range of bonuses and promotional offers that a sportsbook or online casino might have made available to customers.

You should remember that you are not allowed to use your credit card to fund your betting account anymore in the UK. This is due to changes in legislation that occurred in April 2020. PayPal is a good alternative to credit cards if you are unable to use your debit card or do not want to.

PayPal FAQs

Can I claim a sport betting bonus if I use PayPal as my preferred payment method?

Using e-wallets such as PayPal can prevent you from being able to claim welcome bonuses and other promotional offers from online bookies and casinos. Many PayPal betting sites state that the use of e-wallets will mean you cannot claim their offers. In recent years, more bookies that allow you to use PayPal will also pay out bonuses to customers who use this method, but you should never take it for granted. Always check which payment methods can be used at a betting site or casino before you commit to opening an account. If you require further clarity on any issues relating to bonuses and payment methods, check with the customer service team at your chosen bookie. They will be able to clear up any confusion for you.

Does every sports betting site accept PayPal?

No, although PayPal is widely accepted as a payment method by a variety of online gambling outlets, not every bookie accepts it. You can find some of the many PayPal betting sites listed here at Betting.co.uk, so reading our articles should help you find the right bookie for you. We feature many of the PayPal betting sites UK punters can use here so make sure that you use the resources we provide. They can definitely help you find a bookie where you can enjoy some sports betting with PayPal.

Are there minimum and maximum amounts that I can deposit and withdraw when using PayPal betting sites where UK punters can sign up?

Yes, each bookie will usually set a minimum amount for you to be able to deposit and withdraw. Minimum deposits at PayPal betting sites UK customers can use are usually set at £10, though some may ask for £20. You should not expect it to be any larger than this, however. Withdrawal limits can vary more considerably, and you should always check these in the terms and conditions section of the sports betting website that you are using. You can also contact customer services for further clarification if there are still doubts or uncertainties about anything. Most bookies have a live chat function that makes contacting customer services convenient and simple.

Sports betting with PayPal helps you sharpen up your strategy

If you’re using one of the many PayPal betting sites UK punters can use, then this payment method could make it easier for you to remain in control of what you spend on gambling. Keeping a tight rein on your bankroll is a key plank of any betting strategy. Many sensible and successful sports betting punters are able to be that way because they know how to manage their stake size and bet choice properly. You need to be able to evaluate which bets can bring the best value.

While bankroll management is obviously important, it is only one plank of a successful betting strategy. You also need to be doing as much research as possible on your favoured sports so that you have the knowledge required to spot good bets. Betting using smaller stakes is also a good idea, as this allows you to explore more options while minimising your risk. If you want to make the most of the odds on offer while betting with small stakes then accumulators can be an entertaining bet type to choose, especially if you like betting on team sports like football. This helps to keep betting fun and interesting, which is the point of it.

Conclusion

As you can see, PayPal sports betting sites offer a great deal of convenience and flexibility to online punters. As well as being a widely accepted and highly convenient payment method, PayPal can also help you to keep a closer eye on your spending and manage your betting bankroll more efficiently. Enjoying some sports betting with PayPal is simple, and can remove any anxiety about wagering you might be feeling. PayPal also benefits from being a very secure payment method and is widely accepted by many online sportsbooks. You can even fund your poker and other games with Paypal slots online in the UK, if that’s more your thing. If you are looking for an alternative to using your debit card at an online bookie, PayPal is ideal.

PayPal Betting Sites FAQs

🎲Can I use PayPal on betting sites in the UK?

Most online betting sites allow customers to use a wide range of payment methods. If you want to find out which sites allow you to use PayPal then it is a good idea to check out our detailed sportsbook reviews here at Betting.co.uk. As well as giving you all the information you need about whether PayPal is an accepted method, we can also tell you all about matters like bonus offers, licensing and what the security arrangements of a site are. Make sure you use the resources available to you at Betting.co.uk.

✔What is the safest betting site at which I can use PayPal?

If you want to know about how safe and secure a betting site is, you can read our detailed operator reviews here at Betting.co.uk. It’s there that you’ll find out about how each sportsbook deals with matters of security and customer safety, whether it’s SSL encryption or how they protect their customers from falling into potential problems with addiction, and how they keep underage players from using the site. We offer plenty of comprehensive details here at Betting.co.uk in our reviews!

🏇Is online betting with PayPal safe?

When you are betting online it is important that you feel safe. We can offer reassurance about how safe a betting site is here in our betting site reviews at Betting.co.uk. Whatever payment method you prefer, you can find out how each site manages security around deposits and withdrawals by reading our reviews. They contain all the detail you need about the best online betting sites.

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