On this page we’ll walk you through everything you need to know about using PayPal for online betting including a list of what we feel are the best Paypal betting sites for punters to use.
In terms of both convenience and security when it comes to online gambling there aren’t any better choices than PayPal. It allows you to quickly and easily fund and withdraw from your account and in the process you’re protected by the many security features PayPal has to offer.
It’s without a doubt one of our favourite payment methods and you’ll be pleased to know that all our most recommended bookmakers can be considered betting sites that accept PayPal.
Best Betting Sites With PayPal: Top 9
The following is a list of the best sites for betting with PayPal which have been ranked by our own review rating and the quality of the sign up bonus on offer:
*Info accurate as of 22-06-2022 for the UK market.
Top PayPal Betting Sites: More Info
PayPal Betting With Bet365
What are they like?
Bet365 are almost universally top of our rankings when it comes to the best bookmakers in any category and long-term punters will not be surprised to see us recommending them as the best betting site with PayPal.
The sheer amount of features available… in-play betting, live streaming, cash out, bet builders, statistics databases, mobile betting app to name but a few makes them one of the absolute best all rounders. Add to that the fact they are happy to accept PayPal as a payment method and you’ve got a juggernaut of a betting site.
New customers can also claim one of the biggest sign up bonuses available across all the different online betting sites, in the form of the bet credits offer that Bet365 are currently running, but it is worth nothing that you’ll need to verify your identity with Bet365 to deposit with PayPal and quality for the promo.
PayPal Betting With Betvictor
What are they like?
Betvictor are the only other bookmaker, alongside Bet365, who we have assigned a five star rating. Their only real weakness is a lack of live streaming, outside horse racing and greyhounds, which would normally be enough to mark them down a little but the generosity of the odds they offer tip the scales back in their favour – they’re one of the best PayPal betting sites for that reason alone.
If you read Cheeky Punter on a regular basis and follow our betting tips you’ll see them consistently top of the pile when it comes to the best odds on our recommended football bets and this carries through across all sports. Getting more return for your money is key to coming out ahead vs the bookies and Betvictor’s prices certainly do just that.
They’ve also got a number of solid promotions running, which are constantly updated, including their latest bet and get sign up offer which offers one of the biggest returns, in terms of percentage, you’ll find at any online bookmaker.
PayPal Betting With Coral
What are they like?
Coral are one of the UK’s longest standing bookmaker brands and for a long time dominated the high street betting scene. It took them a number of years to transition online but they’ve finally started getting it right and now fully deserve the 4.5 star rating we’ve assigned them.
Their website is now streamlined so punters can find and place their bets quickly. They list all their current promotions in a dedicated section and there’s plenty on offer which include existing as well as new customers. Live streaming, cash out, in-play betting and all the features you’d expect are available.
Their sign up offer is again on the higer side in terms of percentage of bonus offered vs deposit/bet amount BUT be aware that to claim it you must make your first deposit using a debit card (not PayPal) to claim the deal.
PayPal Betting With William Hill
What are they like?
William Hill are another of the big brand names in UK sports betting and their online offering is right up there with the biggest and the best. We’ve given them a 4.5 star rating and they only lost points because when you do a detailed odds comparison vs the likes of Betvictor and Bet365 they just aren’t as generous.
In terms of features though they’ve got everything you want including a vast live streaming section which runs smoothly alongside in-play betting. They’ve also got regular promotions for existing customers, a big plus point, and their site is easy to use (especially on mobile).
If you add the above to a solid sign up offer which is basically bang in line with the industry average then you’ve got yourself a top bookie with a great reputation which of course accepts PayPal transactions.
PayPal Betting With Paddy Power
What are they like?
Paddy Power are well known in the industry for running outlandish promotions and loyalty offers for existing customers which you might think would make them the best bookie around but they still fall a little short of the big boys, in our opinion, with a 4.5 star out of 5 rating.
They lose marks when it comes to the slightly tight odds they spread and the fact that their welcome bonus is a little less than the industry average. In terms of features though they are right up there and have without a doubt on of the best live betting and live streaming offerings.
If you prefer promotions over consistent prices then you’ll find a good home at Paddy Power, who do of course accept PayPal deposits and withdrawals from their customers (free of any transaction fees).
PayPal Betting With Betfred
What are they like?
Betfred get a four star rating which means they are still a very solid online bookmaker but fall a little short of the rest in certain areas. Where Betfred are concerned those areas are website design and usability. Despite a recent site upgrade their interface just isn’t as slick some of the bigger bookmakers.
What Betfred do extremely well are promotions – out of all the bookmakers we review they usually have the most offers running at any one time. Outside of their welcome bonus all these offers are available for existing customers who are free to fund and withdraw from their account using PayPal.
Deposits using PayPal at Betfred take place instantly (with a £5.50 min deposit amount) and withdrawals are processed within 48 hours (min withdrawal amount is £5). If you want to claim the sign up offer below you’ll need to first deposit with your debit card and then swap to PayPal at a later date.
PayPal Betting With 888Sport
What are they like?
888Sport are one of only a smaller number of UK facing bookmakers that don’t have a history of being on the high-street. In the early days this lack of experience cost them but recently their website and app have been significantly upgraded and now they offer a very solid service to punters.
They’d score higher but they lack both a diverse live streaming service and match data or statistics inside their in-play console. They do offer bet builders, cash out, live racing streams and various daily promotions for existing customers.
888Sport are always happy to transact with punters using PayPal but it’s worth noting that, like the majority of betting sites, to claim the sign up bonus on offer you first need to deposit using your debit card.
PayPal Betting With Betfair
What are they like?
Betfair are the worlds biggest and best online betting exchange. They operate both a regular bookmaker site and an exchange which customers can access from the same account.
They only have a 3.5 star rating because, despite having one of the larger welcome bonuses, customers who deposit using PayPal are charged a 2% transaction fee. Betfair are one of the only companies to charge such a fee and quite frankly we don’t think they should be.
Regardless of the fee charged if you want to use a betting exchange as opposed to a regular betting site then Betfair are still your best option. The bonus advertised below is for the betting site but it’s bigger than the exchange so likely the one to go for.
PayPal Betting With Boylesports
What are they like?
Boylesports are rated as a 3 star bookmaker by us and very much play second fiddle to Paddy Power when it comes to Irish based online betting sites. They’re constantly improving their offer but they still fall some way behind their competitors.
Boylesports lose marks because their website (and app) simply isn’t as user friendly and slick as it could be and they don’t offer live streaming outside of horse racing. They also fall down vs competitors when it comes to quality of odds available. Pleasingly though, PayPal is accepted.
Whilst there are downsides of using Boylesports one of the big recent positives has been the introduction of a number of different existing customer promotions (all viewed via the ‘Promotions & Specials’ link). The is, of course, also a new customer bonus.
PayPal Betting Sites – What To Know
- Minimum deposit using PayPal at any online bookmaker is £5 (some have £10 min)
- Deposits are instant and withdrawing back to PayPal takes around 1-3 days.
- It’s free to use – there are no payment processing fees.
- Bank statement only shows money in and out of paypal not betting account.
- Added layer of security thanks to PayPal’s transaction monitoring.
PayPal Accepted Betting Sites Compared: Limits & Fees
The following table shows a list of all the different betting sites that accept PayPal, what their minimum deposit amount is, how long deposits take to process, how long withdrawals take using PayPal and if any fees are charges on PayPal transactions.
|William Hill||£5||Instant||24 hours||0%|
|Paddy Power||£10||Instant||1-4 hours||0%|
Mobile PayPal Betting Sites
You’ll be pleased to hear that all the bookmakers listed above can be classified as mobile PayPal betting sites because they offer punters the option to deposit and withdraw using PayPal via their dedicated betting apps.
Not all apps are created equally though, so if you are planning on using PayPal to fund your account, then you want to make sure you’re getting the best service possible. Here’s our top mobile PayPal betting site for punters who primarily use their phones for placing bets:
- Bonus: Bet £5 get £30
- Size: 121.4mb
- Speed: Fast
- Stability: Highly Reliable
- Compatible: Android & iOS
Betvictor are one of only two bookmakers we have assigned a five out of five star review rating and their mobile app is just as good, if not better, than their desktop website. They’re a great one stop shop for all sports and the odds available are competitive across the board (they frequently have the best odds for football bets which you’ll already know if you read any of our tips articles).
PayPal deposits and withdrawals are available with a minimum deposit of £5 (recently reduced from £10) and a maximum deposit of £5,500. Withdrawals back to Paypal will usually be credited within 1 day of your request making it the second quickest option on the site.
How to Use PayPal: Deposits & Withdrawals
As one of the largest online payment processors, PayPal is widely accepted by online bookies, and many sites even offer a free bet bonus for punters who make their initial deposit via PayPal. Moreover, as PayPal is a fully electronic payment storage option, making a deposit to a bookmaker which accepts PayPal is extremely easy – as is making a withdrawal.
How To Deposit On PayPal
- To get started with making a deposit via PayPal, you’ll have to first set up and fund your PayPal account.
- Head to PayPal.com to open an account now.
- For greater convenience, you can verify the account with PayPal which lifts your £/$500 monthly limit (find instructions when logged in on the PayPal site.
- Now add money to your PayPal account by simply clicking the ‘Add Money’ button (when logged in). It will process the same way as any online payment.
- Next log into your chosen PayPal friendly bookmaker, select deposit and easily move funds from PayPal to your betting account.
- If you bet with PayPal all deposits process instantly.
How To Withdraw On PayPal
- Log in to your betting account and hit the withdraw link.
- Select PayPal as your chosen method and enter the amount you wish to cash out.
- Confirm the transaction – most bookies process PayPal withdrawals instantly (one of the biggest perks of this option).
Pros & Cons of PayPal Betting Sites
- Transaction Speed – it’s very quick and easy to deposit and withdraw from your PayPal account to a bookmaking site. In fact it’s one of the quickest possible methods with deposits being instant and withdrawals usually taking less than 24 hours (much quicker than Debit Cards for example).
- No Fees – assuming you choose the right bookmaker from the list above then PayPal is free to use so you won’t be charged deposit or withdrawal fees when you move your money around.
- Anonymity – on your bank statement, the only information displayed will be your payments into, or withdrawals from your PayPal account so it won’t be easy for anyone to determine if you have been using an online bookmaker and to what extent (especially handy when applying for credit).
- Security – PayPal is a a very secure method of payment to use when making online transactions. If you use PayPal then you benefit from the fact that your personal financial info (card number etc) are never shared with the bookmaker preventing possible fraudulent activity or card details being stolen.
- Widely Accepted – accepted by all the biggest bookmaking sites online today PayPal is versatile and can help you keep your betting money in one wallet but quickly and easily move it around different bookmakers in order to get the best price on your bets.
- Bonus Restrictions – you’ve got to watch out when joining a betting site, while some bookmakers will honour welcome bonuses if you’ve made a PayPal deposit first up, some exclude PayPal deposits from their welcome offers. This is fairly common place but doesn’t usually apply to all other ongoing promotions.
- Hidden Fees – rarely (very) bookmakers attach extra fee’s to Paypal transactions. As you can see from our table above there are only two bookies that currently do this so it’s not common but it does happen.
- Extra Transactions – whilst using Paypal for online betting does make you more safe and secure you will obviously have to first move money into your PayPal account to then start moving it around online. That takes time and an extra step in terms of transactions which some punters won’t want to do.
- Account Setup – obviously you are going to need to set up a PayPal account in order to use it for online gambling. Whilst this doesn’t take too long there are verification steps which require you to log into your bank account and connect the two platforms so again it can take longer initially to get your money moving. Not an issue if you already have an account.
Countries Where PayPal Is Accepted For Betting
There are a number of different betting sites that accept PayPal, as shown in our lists above, but unfortunately only residents from certain parts of the world are eligible to use PayPal for online betting deposits.
The list of countries where PayPal is accepted for online gambling is as follows:
- United Kingdom
Note: We do our best to keep this list as up to date as humanly possible but it is worth contacting your bookmakers customer service team if your country is not listed to double check if PayPal deposits are available in your region.
Security & Anonymity: Stay Safe With PayPal
If you’re using PayPal to process online financial transactions, then you are already in a pretty good place in terms of security. Here’s how PayPal keep you safe:
Protecting Card Information
It is always a good idea, especially for the more security-minded among us, to use a third-party payment processor for any online payment. This saves you from sharing your credit card or bank account details with a wide variety of sources, and instead means that you’re only providing the critical information to one party (in this case PayPal and not the betting site).
PayPal does recognise how critical the safety of your information truly is, and have taken all industry-standard measure to make sure that your information is locked up securely (behind their Secure Sockets Layer), and that you don’t maintain any liability should the information be compromised. If you check your address bar you’ll see we employ the same security function here on Cheeky Punter.
PayPal takes their security extremely seriously, and tends to err on the side of caution when dealing with potentially fraudulent activity. Particularly if you travel internationally, or deal with a lot of cross-border transactions, you might be see your account flagged, locked, or frozen with some regularity. This is usually sorted out with a quick call to customer service. It’s better to be safe than sorry.
Finally one of the best things about using any of the Paypal betting sites listed in our table above is the anonymity they provide you. If you deposit with Paypal then your bank statement only shows money in and out of Paypal, not a gambling operator. This is more important than you think as whenever you apply for credit, even if you’re only spending £20 a week, it’ll still flag up on many banks reports.
Paypal have a policy of never asking for account information or passwords via email so you know as soon as something lands in your inbox trying to get your details it’s a scam. If you want to report phishing just forward any email to email@example.com. They’ll let you know straight away if it’s fraudulent or not. Be on high alert for emails from PayPal as impersonating the company is right at the top of the list for many scammers.
PayPal is a worldwide e-commerce institution, which allows you to make online money transfers quickly and securely between your PayPal account and the accounts of thousands of merchants and banks worldwide.
The company operates by storing money drawn from your checking account, and then allowing you to send the money via online transfer to the merchant of your choosing. Payments are processed quickly, and PayPal saves you the risk of providing your financial details directly to the merchant.
How Does PayPal Work?
PayPal Contact Information
There are numerous ways to get in contact with PayPal directly if you have an issues with your account or simply have query regarding how their services works.
Messaging – if you have an account open you can message PayPal directly via their website (much like how text messaging works) if you go to the ‘Contact’ page and select ‘Message Us’.
Ask The Community – PayPal operate a user forum which contains answers to common questions and allows you to ask other users about questions or issues you’ve got with your account. Again this is accessed via the ‘Contact’ page and you must be logged in to post a question or respond with an answer.
Resolution Centre – via the ‘Contact’ page you can use the ‘Resolution Centre’ link to resolve any transactional or account issues you encounter. This process gives you a direct line to PayPal support who will look to resolve your problem ASAP.
Call Us – you can call PayPal customer service on 0203 901 7000 (from outside the UK use +44 instead of 0). The phone lines are open from 8am to 6pm from Monday to Sunday (7 days a weeks). If you have a landline phone you can use the free phone number 0800 358 7911.
PayPal For Online Betting
For any readers in North America, please note that PayPal will not process payments to any gambling sites for North American customers. The only way to deposit in a account from a North American PayPal account is by first transferring your money to a third-party, such as another e-wallet.
However, for users in the UK and Europe, PayPal offer a fast, safe, and convenient way to deposit and bet online as well as a quick and easy way to withdraw your winnings.
PayPal dates to the late 1990’s and early 2000’s. Although not originally an online payment system, it slowly merged into that as the need and desire for such as system become increasingly evident.
In particular, the popularity of online auction site Ebay.com propelled PayPal into the national spotlight. Although Ebay had its own payment system, the PayPal system was more flexible, as it allowed users to move their money around more freely. As such, PayPal become the online payment option of choice for a variety of websites, Ebay included.
In 2002 it was purchased by Ebay and has been used as the official payment option for all auctions on that site. However, it has also continued to operate as an independent business, and offers customers a convenient and secure method of processing payments online to a wide variety of merchants worldwide. As such, it is an ideal option for making deposits to, and withdrawals from, online bookmakers and since PayPal started to appear the method has grown quickly in popularity to the point where some punters will only use PayPal friendly sites.
PayPal Betting FAQs
Are there any Fees if I use PayPal?
There are two places where you could potential incur fees making a deposit using PayPal; either from the betting site, or from PayPal itself.
Fortunately, all the bookmakers in our best PayPal betting sites table do not charge customers fees for using the service.
On the other end, PayPal does charge a wide variety of fees for performing different types of transactions. The fees you incur depend on the type of transaction, the type of account you hold with them, the type of payment option utilised, among other factors.
Why should you use PayPal on betting websites?
There are a number of reasons to use PayPal on betting websites with the main attractions being added security, anonymity (not betting on your bank statement only PayPal transactions), simple and quick transactions, instant deposits and withdrawals processed within a 24-hour time period (the quickest method possible).
How long do deposits and withdrawals take?
Deposits are always processed instantly and withdrawals are often instant as well – some withdrawals can take up to 24 hours to process but it’s rare that they don’t go through straight away.
Will I get the welcome offer if I use PayPal?
Some bookmakers will and some bookmakers won’t give you a deposit bonus if you make your first deposit using PayPal. There’s nothing stopping you using an alternative method for the first ever deposit and using PayPal for everything thereafter.
Are there any other similar deposit options?
Can you deposit using PayPal if you don't have a PayPal account?
To deposit using PayPal at any PayPal friendly online bookmaker you will need to have an account open with PayPal and an account open at the bookmaker in question.
I’m depositing via PayPal, can I withdraw via bank transfer?
If you deposit via PayPal then you can withdraw via bank transfer, or any other method of you choose, as soon as you have withdrawn at least as much as you have deposited via PayPal. E.g. deposit £100, turn it into £200 and you’ll have to withdraw £100 via PayPal but will have the choice how to withdraw the remaining £100 in winnings.
Is PayPal safe to use?
We consider PayPal to be one of the safest deposit options available to online punters. They employ all the expected security protocols for online transactions and provide an account monitoring service to ensure you haven’t been hacked or scammed.
Is it safe to use PayPal with sports betting sites?
PayPal is one of the safest deposit methods you can use at betting sites because you don’t actually share any of your financial information with the site in question. Should your bookmaker have a security breach then using PayPal means your financial details will not be exposed.
Can I Deposit Money from PayPal to my Betting Account?
Yes – you can deposit money from your PayPal account directly to your betting account as long as your bookmaker accepts PayPal as a banking method. All bookies listed on this page do just that.
Which sports betting sites can I use PayPal for?
Many sports betting sites accept PayPal but in our opinion the stand out top 5 options are Bet365, Betvictor, Coral, William Hill and Paddy Power.