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PayPal betting sites are a great option if you’re looking for a fast and reliable way to fund your sports betting account online. Millions of bettors around the globe trust PayPal, and by the end of this guide, you’ll understand why.
Here, we’ll look at the pros and cons of using PayPal on betting sites, before answering some key questions related to this pre-eminent payment service. Then, we’ll take you step by step through the process of making betting site deposits and withdrawals using PayPal, so you can jump straight in and start using this powerful payment option for yourself.
Given the volume of people who use PayPal to make online purchases every day, it’s easy to see why sports bettors are also drawn to this big-name e-wallet service. PayPal is a household name in most parts of the world, making it a go-to payment option for many sports betting enthusiasts.
Before you use betting sites that accept PayPal, though, there are a couple of things to note. The FAQs below should get you up to speed in a flash.
No time to waste? Get the scoop on how you can benefit from using Paypal on your favourite betting sites – along with the pitfalls to watch out for – with these essential pros and cons.
Yes, absolutely. PayPal is often listed among the accepted payment options on betting sites in Ireland, so you shouldn’t struggle to find bookmakers that let you make deposits and withdrawals with this particular facility.
Note, though, that it’s worth checking if a brand accepts both deposits and withdrawals before you sign up. Some Irish betting sites may only let you make deposits using PayPal, with cashouts only available through debit cards or bank transfer.
PayPal is one of the safest and most trusted e-wallet payment services around, with a solid reputation and excellent coverage. It offers several security benefits to sports bettors, including:
One of the key considerations when choosing a payment method to use on your elected betting site is any fees which might be applied to deposits and withdrawals. Happily, PayPal doesn’t charge any such fees, so you’ll always know you’re getting optimal bang for your buck.
Do note, though, that some betting sites with cash out charge their own fees for handling and processing transactions, particularly when you’re withdrawing winnings. Check the T&Cs before you bet for any charges that may apply.
Like to keep your options open? That’s fair. The truth is, there are tons of different payment facilities out there that you can use to fund and manage online betting, with some of the best alternatives being:
Don’t forget, too, that you can use standard debit/credit cards to make deposits on betting sites, along with bank transfers. These don’t offer the same benefits that come from using PayPal, but they’re among the most convenient.
If you’re not familiar with PayPal, don’t sweat. This e-wallet service is an absolute breeze to get to grips with, offering fuss-free transactions and a state-of-the-art mobile app that allows you to manage betting transactions in a few easy taps.
To prove just how easy PayPal is to use for online betting, here are a couple of step-by-step guides on how to deposit funds and withdraw winnings using the service.
Step 1 | If you haven’t done so already, you’ll need to create a PayPal account. Don’t worry – this is completely free to set up and your new PayPal account will be ready in a few steps. You’ll just need to provide the usual contact details, before linking PayPal to your bank account and adding any debit cards you plan to use. |
Step 2 | Next, sign up at your preferred PayPal betting site. You’ll typically need to provide your name, date of birth, and permanent address to sign up with a new online bookmaker. Note, too, that you’ll need to complete verification before you can deposit funds using PayPal – a process that requires you to provide proof of ID. |
Step 3 | All signed up? Head to the cashier page to make your first deposit using PayPal. Simply tap ‘PayPal’ on the payment options dropdown to start the process. |
Step 4 | After inputting the sum you wish to deposit, you’ll be redirected to PayPal to complete the transaction. Here, you can check over all the details and any associated fees, and have the option to choose a different debit card if you wish. |
Step 5 | All set? Follow the steps to complete your transaction. The funds should be available on your betting site’s cashier page instantly, but you may need to refresh the page before the deposit reflects in your account balance. |
How to make betting site withdrawals using PayPal
Step 1 | Withdrawing sportsbook winnings to your PayPal account is a pretty similar process to making a deposit, only in reverse. To get started, head to the cashier page and tap the 'Withdrawal' option. |
Step 2 | Assuming you’ve met the bookmaker’s minimum withdrawal requirement, select the amount you wish to withdraw before tapping the PayPal icon. |
Step 3 | Once again, you may be redirected to PayPal to validate and complete the transaction, at which time you should be made aware of any fees and charges levied by the sportsbook for processing the transaction. |
Step 4 | Follow the steps to complete your withdrawal. Depending on the site in question, the winnings should land in your PayPal account within an hour or so, but may take a day or two at some sites. |
That’s it – easy, right? It’s worth pointing out that making betting site deposits and withdrawals is significantly easier if you have the PayPal app, which allows you to verify and validate transactions in just a couple of short taps. Plus, app push notifications will alert you when you’ve received funds, so it’s a great way to manage your betting bankroll.
Not all betting sites that accept PayPal are cut from the same cloth, so you’ll need to widen your net to find the very best brands. Landing on a PayPal betting site that ticks all your boxes isn’t always straightforward, so follow these tips to find a reputable bookmaker offering the best odds.
This may sound obvious, but the very first thing to check is the cashier page for reference to PayPal deposits and withdrawals. Remember, not all bookies accept PayPal, and some may only support deposits, so this should definitely be your first port of call.
From free bets to cashback, bonuses can really sweeten the deal when signing up for a new betting site. Some brands may offer exclusive deals for PayPal users, while at others, using PayPal might exclude you from claiming a bonus, so be sure to compare what’s out there.
Not directly related to PayPal, but do consider just how competitive a bookmaker’s odds are compared to other like-for-like brands. There can be a significant difference between sites, so it’s worth researching which sites offer the best odds for your favourite fixtures.
The speed at which you can expect any winnings to land in your PayPal account can make or break your experience with a particular bookmaker. Fast withdrawal betting sites are worth seeking out if you want to get hold of your winnings in double-quick time.
There are plenty of instances in which you may need help when using online betting sites, so reviewing a brand’s customer support provision is essential. Look for sites offering 24/7 support across multiple channels.
Many sports betting sites in Ireland also have a casino platform too. So, if you fancy spinning the reels while waiting for your next match to start, you’ll be pleased to know that you can also use PayPal for casino deposits or withdrawals. Definitely a feature to look out for.
Now you know a little bit more about what to expect from the best PayPal betting sites, let us highlight some of our favourite bookmakers in October. These mini-reviews will provide you with a quick overview of some top platforms; however, you'll get a complete look by checking out our online comparisons.
Bet365 is a top PayPal betting site that offers all new users the chance to unlock a bonus of up to €100. Once you’ve made it through the registration process, you can deposit for as little as €10 before redeeming your bonus and heading straight to the sports betting lobby.
Here, you’ll find all sorts of sports covered, including football, cycling, darts, and esports. Competitive odds come as standard, and you’ll even be able to watch live streams of specific fixtures. When it comes to withdrawals, a minimum of €10 is required. You’ll find that you can even enjoy all of these great perks through the mobile app.
Betway provides another solid online sportsbook for those looking to deposit using PayPal. Currently, minimum PayPal deposits are set at €10; however, you will have the potential to unlock a total of €50 in free bets as a new user.
Once you’ve completed the registration process, you’ll be able to work your way through an impressive sports betting lobby. Thanks to the impressive design, you’ll soon find that you can filter through football, rugby, horse racing, and badminton markets. There’s also a great bet builder tool and the option of betting in-play. Plus, you’ll find that the site boasts an impressive app that is equally as responsive and packed with the same features.
Another top PayPal betting platform comes in the shape of Betfair. Having first established itself as a betting exchange, Betfair now also focuses on traditional sports betting. Both are possible through the intuitive mobile app, allowing you to transition between different betting opportunities seamlessly.
As a new user, you’ll be able to work your way through the streamlined registration before making a minimum deposit of just €5. PayPal, Neteller, Skrill, and a selection of additional methods are all available, appealing to all types of punters. The app boasts all the same features, promotions, and markets as its desktop counterpart, offering the perfect way to access your account on the go.
If you’re looking for a reliable way to manage your online betting funds, PayPal is one of the best options out there. Not only does it give you the flexibility of using multiple payment options through a single channel, but it also provides an additional layer of safety and anonymity that you don’t get from standard debit card transactions. Plus, it’s totally free to use, so it’s a thumbs up across the board.
With that being said, there are a couple of downsides to using PayPal versus other payment facilities out there, not least the fact that you may not be eligible to claim certain sportsbook welcome bonuses. If the positives outweigh the negatives for you, though, then this iconic e-wallet is definitely worth considering when joining a new online bookmaker.
Absolutely. Most big-name bookies accept PayPal as standard, so you should have no issue finding a brand you like. It’s one of the leading e-wallet services in the world, so you’ll find it featured among the payment options at most Irish betting sites.
Although PayPal is free to use with no transaction fees, some bookies may charge their own processing fees for using e-wallets, particularly when you’re withdrawing winnings. That’s why you should always check over the T&Cs carefully to see which charges may apply.
Sure, PayPal is 100% legal to use for online betting and is also one of the safest e-wallet services out there. The platform has a ton of security features to keep your transactions safe and secure, including key pinning and full fraud protection.
PayPal helps to create a buffer between you and online betting brands, so your betting activity doesn’t show on your bank statement. It’s free to use and offers fast deposit and withdrawal times, while also being widely accepted by most online bookies.