PayPal is undoubtedly the leading online payment platform around today, having originally been founded back in 1999. With the payment system has been processing transactions across the globe for many years, it comes as little surprise that PayPal is now a popular method of depositing and withdrawing funds when it comes to betting sites. Betting sites that accept PayPal are now in demand, with the speed, convenience and ease of using this method of payment meaning that an increasing number of punters are now registering with bookmakers that accept PayPal. This page will take a detailed look at the benefits of using PayPal, as well as some of the potential fees involved. However, let’s start by listing the betting sites that use PayPal today.
The first of our PayPal bookmakers is 888Sport, with their customers being able to use the online payment system to both deposit and withdraw funds on their sportsbook. A minimum deposit of just £10 is available at 888Sport using PayPal, while there are no fees to worry about when depositing cash. Coupled with sports markets, generous promotions and additional features in which the bookmaker offers, it comes as little surprise that 888Sport is now one of the best betting sites that use PayPal. ⭐Visit 888Sport >>
Paddy Power PayPal terms mean that their customers can use this form of banking to both deposit and withdraw money, with deposits ranging from between £10 and £10,500, making them an appealing platform for high rollers. Meanwhile, withdrawals made using PayPal at Paddy Power are processed between 4-24 hours, however they are often almost instant.
Ladbrokes also cater for punters looking to deposit and withdraw funds using PayPal, with deposits starting at just £10, rising to up to £5,500. Meanwhile, processing times for transactions are instant, while no fees are involved either. Those making an opening deposit at Ladbrokes using PayPal can also take advantage of their generous welcome bonus, something which cannot be said of some other bookmakers. ⭐Visit Paddy Power>>
Bet365 PayPal conditions state that deposits start at just £10, while they rise up to £5,500. Deposits using PayPal at Bet365 are also instant, with no fees being involved, while withdrawals are processed within just 24 hours, with the same limits applying to their customers. Those depositing using PayPal at Bet365 can take advantage of live streaming, cash out and in-play betting opportunities, making the bookie all the more appealing. ⭐Visit Bet365 >>
William Hill is another betting site which offers PayPal as a method of banking, with deposits again starting at £10, while a maximum amount of £5,500 can be transferred to user accounts. Deposits made using PayPal are also instant, meaning that there are no frustrating waits for punters. Withdrawals can also be made using PayPal at William Hill, with transactions taking just 24 hours to complete. ⭐Visit William Hill >>
Punters looking to deposit using PayPal can do so anywhere between £5 and £5,500, putting them on a par with many of their closest competitors. PayPal deposits at Betway are instant, while withdrawals can be used via PayPal on both desktop and mobile. Alongside their generous £30 free bet welcome bonus and range of sports markets, Betway is undoubtedly one of the leading PayPal betting sites around today. ⭐Visit Betway >>
Betfred are one of the few PayPal gambling sites to offer deposits starting from £5, while the maximum deposit amount sits at a significant £15,000. Both deposits and withdrawals using PayPal are processed free at Betfred, with withdrawals range from anywhere between £5 and £5,000. ⭐Visit Betfred >>
PayPal is available for both deposits and withdrawals at Unibet. Deposits start at £10, rising to as much as £10,000. There are no fees involved, with PayPal deposits at Unibet being instant too. The average processing time for withdrawals via PayPal is 12 hours. However, punters must have made a successful deposit with PayPal before it can be used for withdrawals. This is the same as the majority of betting sites that accept PayPal. ⭐Visit Unibet >>
PayPal is one of a handful of e-wallets available at Coral. Here, deposits start at £10, with such transfers being processed instantly. The bookie does not provide information surrounding withdrawals, with punters having to login to their account instead. However, it is understood that PayPal withdrawals at Coral also start at £10. ⭐Visit Coral >>
BetVictor is another of the bookmakers that accept PayPal. Deposits start at £10, with customers being able to add as much as £5,500 to their sportsbook account via PayPal. Meanwhile, withdrawals processed via PayPal should be completed within 24 hours. There are also no fees to worry about BetVictor when using PayPal. ⭐Visit BetVictor >>
As with all payment methods, PayPal comes with both benefits and limitations. Punters will be pleased to learn that the pros certainly outweigh the cons at UK PayPal betting sites. Bookmakers that accept PayPal are generally able to offer quick, secure and convenient deposits and withdrawals. So, let’s take a closer look at the standout features of PayPal:
✔️Ease of Use – First and foremost, PayPal is extremely simple to use. PayPal sports betting can be achieved by signing up with the e-wallet, a process that takes just a matter of minutes. Once registered, punters must simply select PayPal as their preferred payment method, before entering their login details.
✔️Security – Bookmakers that accept PayPal also don’t require any personal financial information in order to process payments. There is no need to upload your bank account or card details to your betting account. On top of this, PayPal is licensed by the Financial Conduct Authority, demonstrating that it is completely trustworthy and safe.
✔️Limits – The limits set by PayPal betting sites should meet the demands of even the most demanding of punters. Deposits start at either £5 or £10, while the maximum deposit amount sits between £5,500-£10,000 in most cases. Those looking to withdraw winnings made should be able to do so at as little as £10, with the maximum amount also averaging around £10,000.
✔️Trustworthiness – PayPal has been around since 1998. The payment provider has an excellent reputation, demonstrated by the number of online bookmakers now accepting it. PayPal is 100% reliable, with e-wallet having everything in place to ensure that all user details are safe at all times.
✔️Speedy Transactions – One of the major selling points of PayPal is its speed. Deposits at betting sites are instant, while withdrawals are generally processed in under 24 hours. This is significantly quicker than other payment methods accommodating payouts.
✔️Anonymity – Rather than your chosen bookmaker appearing on your bank statement, PayPal will be listed instead. This is perfect for those looking to keep their betting hidden. While information will appear on your PayPal account, this is something that will not bother most.
✔️Credit Card – A PayPal credit card can also now be applied for. Users can get cashback on all purchases, with no transaction or annual fees.
❌Fees – While UK PayPal betting sites will generally cover any costs involved, punters may have to pay small fees from time to time. Fees differ between bookies, with the majority arising when punters are looking to withdraw funds from their sportsbook account.
❌Suspended Accounts – In the event of a PayPal account not being verified or details being inconsistent, it is possible that it will be suspended. This can be for different timeframes, however it will obviously stop users from processing transactions.
❌Bonus Payment Restrictions – Opening deposits made through PayPal are unlikely to qualify for a welcome bonus. Most bonus terms and conditions state that a debit card deposit is required. Therefore, punters may have to steer clear of PayPal, at least just after signing up with a new bookie.
One way in which new betting sites can attract customers is through the payment methods offered. With PayPal being one of the most popular options for punters today, those failing to offer it will potentially miss out. We have taken a close look at some of the brand new bookies in the UK, with the following being among the new betting sites to accept PayPal:
SBK – SBK is a mobile betting app from Smarkets. Available on iOS and Android devices, the bookie offers a £20 risk free bet to new customers, while there is a significant social emphasis for those signed up.
Gatobet – Founded in 2019 by Progress Play Limited, Gatobet is a good option for those looking for a simplistic sportsbook. PayPal is accepted, while Gatobet offers over 30 different sports.
Mr Play – Despite being better known for online casino games, Mr Play launched their sportsbook in 2019 also. Coming with a host of markets, promotions and additional features, Mr Play is a safe platform for betting, thanks to a license from the Gambling Commission.
STS – If you are looking for a modern online bookmaker, STS could well be for you. With daily price boosts, acca insurance and a generous welcome bonus, both new and existing customers are well looked after. STS also launched in the UK in 2019.
Infernobet – Another betting site from Progress Play Limited is Infernobet. The same design as found at Gatobet is used, with PayPal also being accepted here. A significant emphasis is placed upon live betting at Gatobet, with live Multiview and calendar pages being of great benefit to punters.
In order to deposit funds using a betting site, we will take a look at Ladbrokes as an example. This step-by-step guide must be carried out after a PayPal account has been registered.
1.Enter the Ladbrokes website or mobile app.
2.Log in to your account using your username and password.
3.Click or tap on the DEPOSIT option.
4.Select PAYPAL as your preferred method of banking.
5.Enter the amount in wihch you wish to deposit.
6.Confirm your decision.
7.Enter your PayPal account details once redirected.
8.Confirm your decision to deposit via PayPal.
Many will already be aware of how PayPal works, however it is important to understand the different processes at PayPal betting sites. PayPal can be used to both deposit and withdraw funds with online bookies. One of the best things is that users are not required to enter their bank account or card details to their betting account in order to take advantage.
Deposits are instant, with PayPal having to be selected as your preferred payment method, before entering your PayPal login details. Meanwhile, withdrawals take under 24 hours in most cases, making it one of the quickest payment methods around.
There are also generally no fees to worry about at betting sites that accept PayPal. Deposits and withdrawals do not come with charges, with the only fees potentially cropping up surrounding an extended run of inactivity.
Signing up at PayPal takes just a matter of minutes. However, newcomers must ensure that they have the necessary information at their fingertips. The PayPal registration form can be accessed on both desktop and mobile. The following is a step by step guide for punters to follow:
Online betting with PayPal is very safe, with a number of security measures having been put in place. SSL encryption technology is used in order to ensure that no third parties gain access to personal details, while PayPal regularly suspend user accounts upon suspicious activity being traced. Meanwhile, the fact that punters are not required to enter their bank details when using PayPal betting sites in the UK makes them more trustworthy and reliable.
While PayPal is a leading payment option for punters, it will not meet the needs of all. As a result, it is worth considering the alternatives.
The majority of PayPal gambling sites will also accept the following payment methods:
PayPal was founded back in 1988 by entrepreneurs Peter Theil and Max Levchin, with the platform having originally been known as Confinity. Based in California, the first version of their electronic payment system was developed in 1999. The company was purchased by eBay in 2002, before PayPal launched a partnership with Mastercard in 2007. It was such deals that helped PayPal generate a revenue of almost $2 billion that same year. By 2010, PayPal had amassed over 100 million users, operating in 25 different currencies. PayPal became available to use in shops in 2011, with the operator now having offices in Luxembourg, Singapore and other major cities.
As you will have gathered from this page, the number of PayPal bookies has increased over recent times, with the online payment system offering a safe, convenient and efficient form of depositing and withdrawing funds. With that being said, the demand for this method of banking has also increased, demonstrated by the number of trusted bookmakers now accepting PayPal.
A huge number of betting sites now accept PayPal. Some of the best bookies accepting PayPal can be found on this page, however it is now more difficult to find a betting site that does not do so.
Yes! PayPal is popular because of its safety, as well as other factors. PayPal has all of the necessary security measures in place, with the e-wallet being licensed by the Financial Conduct Authority.
It is simple to withdraw funds from PayPal. Having taken winnings from your betting account to PayPal, click on the “Transfer” button. Select your preferred bank account, before confirming the transaction. Withdrawals generally take just a matter of hours.
Those considering using PayPal bookmakers must be aware of the fees that may be incurred along the way, with small charges sometimes having to be paid when depositing and withdrawing funds. While the majority of transactions are processed quickly and without charge, a 1.5% fee is unlikely to put punters off on the whole.
No. However, the vast majority do. PayPal is now synonymous with the online betting industry. Many of the leading betting sites in the UK offer PayPal as a payment method.
Minimum deposits via PayPal start at either £5 or £10. This is again chosen by the bookmakers, with it not being something that PayPal itself can impact.
The maximum deposit amount ranges between bookmakers that accept PayPal. However, it is likely to be between £5,500 and £10,000.