Sports Betting Sites That Accept Paypal

Initially launched as Confinity in 1998, PayPal has evolved into one of the most widely used payment platforms in the world. In its infancy, PayPal was mostly used to facilitate sales and purchases on eBay. In fact, eBay bought PayPal in 2002 and eventually spun off the payment processor in 2015. PayPal is accepted in over 200 countries and there are approximately 286 million registered accounts. Throughout the second half of 2018 and the first half of 2019, PayPal’s net total payment volume exceeded $640 billion. While people still use PayPal to buy and sell on eBay, they also use PayPal for a variety of other purposes, including playing at PayPal online casinos and betting on sports.

The Best Sites to Bet with Paypal

Jan 04, 2021 On an international level, no. PayPal is only available on betting sites licensed by an organisation within their own country. UK punters will be happy to hear, however, that they live in a place where betting sites accept PayPal. Take a look at our full list of UK PayPal betting sites to see if your favourite bookie is a PayPal betting site. PayPal Betting Sites: Sportsbooks That Accept PayPal Major sportsbooks like DraftKings and FanDuel offer PayPal for managing payments and payouts. You’ll need your own PayPal account before you can complete any transactions, but chances are you already have one. PayPal betting sites can be found in most places where sports betting is legal.

By the early 2000s, PayPal was the most popular payment method at online betting sites. However, due to factors such as increased regulations and the company’s 2002 merger with eBay, PayPal stopped processing online gambling transactions in 2003. Fortunately for the online betting community, PayPal has since resumed facilitating online gambling payments at properly licensed betting sites in regions where online gambling is legal.

All About Sports Betting With PayPal

Many online casinos and bookmakers have enthusiastically embraced PayPal’s re-entry into the online gambling market. Because so many people all over the planet have existing PayPal accounts, customers already have a secure and reliable way to make instant deposits and fast withdrawals.

Those who use PayPal for their online sports betting are familiar with the benefits. They love the low fees, quick transactions, and the high level of protection that PayPal offers. Additionally, punters know that PayPal bookmakers are on the level. You see, because PayPal only processes transactions for licensed real money online casinos and bookmakers, bettors know they aren’t dealing with some shady fly-by-night operation. PayPal places rigid requirements on operators that offer it as a payment option.

Those who place their bets at reputable PayPal-friendly sites like Betway and 888sport know they can cash out their winnings with no hassles or unnecessary delays. They also know that they are getting the most competitive odds on the widest variety of betting markets. Even better, PayPal bookmakers usually give players excellent bonuses when they use PayPal to make their deposits. This also applies to online casinos. Aside from the bonuses, PayPal users who enjoy playing casino games like slots and blackjack are confident that the games they play at PayPal casinos are provably fair. PayPal casinos feature games from the best software providers like Microgaming, NetEnt, Cryptologic, and Betsoft.

What Can You Bet on at Sports Betting Sites That Accept PayPal?

Punters didn’t have a lot of betting options before online bookies came along. Back then, bookies typically offered odds on moneylines, spreads, and totals. Things have changed dramatically since then. Now, online bookmakers present punters with a staggering number of betting options. Many high-profile matches such as Monday Night Football games feature over 150 betting opportunities. Here are a few examples of what NFL bettors can choose from:

  • First half moneylines, spreads, and totals
  • First and last team to score
  • Alternate spreads and totals
  • Game props (Team to score first, Over/Under total field goals)
  • Player props (Over/Under receiving yards, rushing yards, passing yards)
  • Loads of other props

No matter what sport you like to bet on, PayPal sportsbooks are an all-you-can-eat buffet of betting options. Most PayPal bookies even offer oodles of odds on popular eSports and other niches like entertainment and politics.

How to Bet on Sports Using PayPal

There is a good chance you already have a PayPal account. If not, it only takes a few seconds to open one. You need only provide an email address and a few other basic details like your name and country of residence. Once you’ve created a new account, link your bank account, credit card, or debit card so you can fund your account.

Once you have an account balance, you need to find the online sportsbook that best suits your needs. Consider the bonus and promotions, available betting markets, odds, and other features like live streaming and in-play wagering. Of course, you’ll want to find a bookie that offers the fastest payouts. Now that you have loaded your PayPal account, found the ideal bookmaker, made a deposit, and claimed your bonus, it’s time to get into the thrilling sports betting action.

While the overall layouts of different PayPal sportsbooks might vary, the process of placing a bet is usually the same. When you find the game you wish to wager on, you’ll likely see odds on the moneyline, spread, and total beside it. You will also probably see a link to other betting options. Clicking on that link will present you with several other betting opportunities such as the aforementioned alternate spreads, alternate totals, exact scores, and a plethora of player and team propositions.

Clicking on the wager you’d like to make will automatically bring up your bet slip. Once you fill in the wager amount, the bet slip shows you the odds, bet amount, and potential winnings. You can build a parlay, combo bet, or a teaser by placing additional selections to your bet slip. You should know that most bookmakers do not let you cancel a bet once you’ve confirmed it.

Basic Sports Betting Tips

Betting on sports is a lot different from playing most casino games. Sure, both involve luck. It’s just that the outcome of many casino games like slots, video poker, and live online Roulette depend almost entirely on luck. Conversely, successful sports bettors use their knowledge and skill to maximize their chances of getting lucky. Seasoned sports bettors know how to find the best opportunities. With the massive number of betting options that many bookies offer on a single game, those opportunities abound. Nevertheless, there is a lot more to being a winning sports bettor. Here are a few quick tips to increase your chances of winning money over the long run.

Money Management

Poor money management is one of the most common causes of punters losing their bankrolls. Successful sports bettors manage their money in a way that allows them to endure the inevitable cold streaks. Let’s say that you want to place bets throughout the NFL season. Let’s also say your sports betting budget is $500. If you bet the whole shebang on a Week 1 game and lose, well, your NFL betting season is over.

Most experienced sports bettors limit their wager amounts to a certain percentage of their total bankroll. While there is no specific number, beginners should limit their bet amounts to between 2% and 5% of their bankroll. Sure, you’re probably not going to win a ton of money, but you will easily survive a long losing streak and keep on betting. You can always increase your bets as you gain experience and grow your account balance.

Sports Betting is a Form of Entertainment

As with any other form of gambling, it’s important that you think of sports betting as a form of entertainment. Placing a few bucks on a sporting event adds an element of excitement and gives you a real stake in the outcome. It’s true that a few people have made a lot of money betting on sports. However, the reality is that many more have lost money. In some cases, sports bettors have lost a lot more than just cash.

Odds

Just as casino fanatics want to play at online casinos that boast the best payouts, sports bettors always want to get the best odds. Why would you risk $25 to win $20 at one sportsbook when you could risk the same amount to win $25 at another sportsbook? It would be like buying a pair of pants for $100 when you could buy the same pair across the street for $80.

Getting the best odds could be the difference between making and losing money during a sports betting season. Experienced punters often have accounts with multiple bookmakers. This way, they can shop around for the best available odds and take advantage of more bonuses.

Researching Matchups

You could simply flip a coin to make your sports picks, but that’s not a winning strategy. Serious sports bettors do their homework before placing their bets. They look at a number of factors including trends, statistics, current streaks and key injuries. Weather conditions also affect games that are played outdoors. Studying an individual matchup gives you better insight and improves your chances of winning.

Take Advantage of Bonuses, Promotions, and Other Features

Obviously, you’re a winner right off the bat when you claim a sportsbook bonus. But don’t forget to find out what promotions your bookmaker is offering. Odds boosts, risk-free bets, acca insurance, and bore draw promos are just a few offers that will give you an edge. Then there are other features such as live betting and the cash out options that, if used properly, can also add to your bottom line.

What You Need to Know about Legal Sports Betting

Even though sports betting remains illegal in many regions, that doesn’t stop punters in those countries from indulging in it. Innovations like VPNs and Bitcoin casinos make sports betting relatively easy and anonymous. Still, those who engage in illegal sports betting risk certain consequences. They also lack the level of player protection that punters get when they use PayPal bookies. Remember, PayPal only offers its services to licensed and regulated bookmakers that operate in regions where sports gambling is legal. This means that PayPal sportsbooks operate with the highest degree of integrity and honesty.

Advantages Of Sports Betting with PayPal

PayPal certainly isn’t the only eWallet payment option at online betting sites, although it might be the most secure and cheapest to use. There are plenty of options out there. A lot of sportsbooks and online casinos accept Ethereum and other cryptocurrencies. Unfortunately, the volatile nature of cryptocurrency is a major drawback. Prepaid cards are also popular, but they cannot be used to make withdrawals. Almost every site accepts major credit cards. It’s easy to find online casinos that accept Mastercard, but watch out for the fees and good luck making a withdrawal.

Advantages of using PayPal include:

  • Available in over 200 countries
  • Low fees
  • Supports nearly 30 currencies
  • Use PayPal for deposits and withdrawals.
  • PayPal deposits normally qualify for bonuses.
  • PayPal transactions are safe and secure.
  • PayPal sportsbooks and casinos are licensed and regulated.

Disadvantages Of Sports Betting With Paypal

Using PayPal to bet on sports doesn’t have any major drawbacks, but, like almost every other payment method, it has a couple of minor ones.

PayPal isn’t supported at as many online gambling sites as other methods like credit cards. The good news is that the number of PayPal sportsbooks is on the rise. Another disadvantage to using PayPal is the fees, but almost every other deposit and withdrawal method comes with some kind of transaction charge. You will find that PayPal’s fees are significantly lower than other eWallets and they’re definitely lower than credit cards and wire services.

Best Sports Betting Sites

PayPal users have a considerable number of excellent sportsbooks to choose from. PayPal bookmakers offer scads of betting possibilities on almost any sports event you could think of. They also boast a bevy of bountiful bonuses. Here are a few PayPal sportsbooks that truly stand above the rest.

William Hill: William Hill has been among the biggest and most reputable sport betting brands since 1934. Sports bettors love the excellent odds, plenty of promotions, and nice bonuses. Their live streaming feature greatly enhances your in-play wagering experience.

Ladbrokes: This PayPal bookmaker’s illustrious history dates all the way back to 1886. Ladbrokes has remained at the forefront of the sports betting industry ever since. Enjoy live streaming, innovative promotions, a massive selection of betting options, and a great welcome bonus when you make your first deposit using PayPal.

888sport: 888sport has only been around since 2008, but it has quickly established itself as a leader. Punters will find everything they need to maximize their sports betting adventure at 888sports. In addition to a valuable welcome bonus package, 888sport is one of the few sites that offers new players a no-deposit bonus.

Top Sports to Bet Online With PayPal

There aren’t too many competitions that don’t generate betting action. Money is bound to change hands at almost any event that draws spectators. The most popular sports to bet on with PayPal include:

  • Soccer
  • Cricket
  • Basketball
  • Tennis
  • American Football
  • Baseball
  • Tennis
  • Hockey
  • Golf
  • Rugby
  • Motorsports
  • Boxing/MMA

On top of those popular sports, PayPal bookies also offer odds on less trendy competitions such as:

  • Athletics
  • Badminton
  • Bandy
  • Chess
  • Crossfit
  • Cycling
  • Darts
  • Handball
  • Snooker
  • Table Tennis
  • Volleyball

But that’s not all. You can find odds on politics, entertainment, and even miscellaneous props like wagering on whether humans will visit Mars. Let’s not forget about eSports which are the latest betting phenomenon. Counter Strike: Global Offensive, DOTA 2, and League of Legends now produce as much betting activity as many mainstream sports do. In short, PayPal bookmakers have almost every form of competition on their betting menus. Don’t forget to claim your sports betting bonus when you make your deposit using PayPal.

Alternatives to PayPal for Sports Betting

One of the best things about making deposits and withdrawals from sports betting sites is the number of available payment options at your disposal. It’s not like in the past where your options were cash or credit card. Online bookmakers want to make it as quick and convenient for you to use their services. This is why they support so many other payment methods. Here are some other easy payment solutions for making deposits and withdrawals.

Bitcoin

Cryptocurrencies are one of the fastest growing means of conducting transactions at online sportsbooks and Bitcoin leads the way. Bitcoin didn’t have too many uses when it first appeared in 2009. The fledgling cryptocurrency finally found its place when online betting sites began supporting it as a payment method. Now, Bitcoin and sports betting go together like prime rib and Cabernet Sauvignon.

Sports

The biggest advantage to using Bitcoin is the low to non-existent fees. Not only are online bookmaker deposits usually free and instant, withdrawals often are as well. Users also love the anonymity and high level of security that Bitcoin transactions afford them. The many Bitcoin deposit bonuses make using Bitcoin even better.

Skrill

Formerly known as Moneybookers, Skrill has been one of the most popular eWallets since 2001. Skrill supports over 40 currencies and is accepted in nearly 200 countries. Furthermore, it’s accepted at countless online betting sites. Like PayPal, Skrill deposits are instant and withdrawals are typically processed within a couple of days. The biggest drawback to using Skrill is that a few bookies do not offer deposit bonuses when you use Skrill. Be sure to check the site’s terms and conditions before making your deposit.

Visa

Visa is one of the fastest and most convenient payment methods on the planet. Online sports bettors can use their Visa credit card, debit card, or prepaid card to make instant deposits at almost all online sports betting sites. Deposits are secure, and they almost always qualify for bonuses and promotions. However, the convenience comes with a cost.

Generally, the transaction fees associated with Visa credit card sportsbook deposits are higher than most other payment options. As opposed to using a Visa credit card to pay for goods or services, sportsbook deposits are often treated as cash advances. As such, users are susceptible to additional cash advance fees. Of course, these extra fees don’t apply to Visa debit card or Visa prepaid card users. Make sure you check with your issuing institution to find out what fees apply to you.

You need to know that some bookmakers don’t offer Visa credit and debit card withdrawals. You should also know that some issuing banks sometimes block Visa credit card transactions with betting sites. This is especially true in the United States.

PayPal is one of the most popular ways to deposit and withdraw at online betting sites. The easiest way to deposit to a bookmaker, casino or poker room by PayPal is through an existing balance. This can be received through a transfer from a friend or a sale over the internet at an auction site such as eBay.

There are several other ways to fund a PayPal account. An instant electronic check may be drawn directly from a bank account. Large transfers are available through bank wires. European bettors may also use a credit or debit card, including the PayPal Extras Mastercard. Players in the US may not use a credit or debit card to fund an account at a regulated poker or casino site.

Paypal betting sites & sports betting apps

If you’re in New Jersey, Pennsylvania, Indiana or West Virginia and you want to use PayPal to bet on sports, you’re in luck. A number of online sports betting apps and sites use PayPal

PayPal betting FAQ

Can I use PayPal on betting sites?

It depends on where you are. PayPal only allows deposits to sites that are fully licensed in their resident jurisdictions.

So, residents and visitors to Nevada and New Jersey can use PayPal because those states allow PayPal as an option. Similarly, countries outside the US can elect to allow PayPal as a payment method for their online gaming sites.

However, in unlicensed areas, such as most of the states in the US, PayPal cannot be used on betting sites.

Can you buy Bitcoin with PayPal?

No. PayPal does not allow users to purchase Bitcoin or other cryptocurrencies at this time.

Are there fees associated with using PayPal at online betting sites?

Sports Betting Sites

Online betting sites do not charge a fee to deposit with PayPal. PayPal charges 2.9% to deposit using a credit card or debit card. There is no fee to use an existing PayPal balance or an electronic funds transfer from a bank account.

Can you deposit using PayPal if you don’t have a PayPal account?

Players must create an account with PayPal to use it as a deposit method. It is a quick and simple process that only takes a few minutes.

Can you use a family member or friends account to deposit via PayPal?

No. A PayPal account used to deposit at a betting site must belong to the account holder.

Sports gambling sites that take paypal

Why don’t I see PayPal as a withdrawal method?

PayPal will appear as a withdrawal option once a successful deposit using the method is made.

How do I withdraw from PayPal?

PayPal withdrawal options include electronic check and check by mail. PayPal has a debit card that may be used at any retailer that accepts credit cards. It can also be used to withdraw cash from an ATM.

Are there any online casinos that accept PayPal?

Yes. Within in the US, some online casinos in Nevada and New Jersey accept PayPal.

Outside the US, several countries accept PayPal as a deposit and withdrawal method. Please check each casino website’s frequently asked questions for more specific details about banking methods at that site.

Is PayPal a safe way to deposit at betting sites?

Yes. PayPal is just as safe as using any other ewallet. It is safer than using a bank account directly as it provides an additional layer of security between the betting site and the player’s financial information.

What are the advantages and disadvantages of using PayPal?

PayPal offers instant deposits. Credit cards, debit cards, and electronic bank transfers are among the deposit options. Players can also use PayPal for traditional purchases and eBay sales, making it more useful than some of its competitors. PayPal balances can also be created by receiving a transfer from a friend or business. The main disadvantage of PayPal is that there are deposit fees associated with credit card deposits. Withdrawals can be slower than other ewallets.

What countries are allowed to use PayPal?

PayPal is available for betting sites in Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Portugal, Spain, Sweden, and the UK. Nevada and New Jersey players may use PayPal for online gaming deposits in the US. PayPal is also a deposit method for horse racing sites in the United States.

Why can’t US players deposit at a betting site using PayPal?

PayPal only permits gambling transactions in jurisdictions where it is licensed. That is why it is available in Europe. Countries license online betting sites. Nevada and New Jersey online gambling sites are also permitted to use PayPal as a payment option. The online sports betting sites available to players outside of Nevada are not licensed. They are located offshore. PayPal refuses to do business with those sites.

Didn’t PayPal once process payments for offshore sites?

Yes. PayPal was once the main ewallet for offshore gaming sites that accepted US players. This included poker, casino, and sports betting. The company processed these payments from 2000 until November 2002. PayPal paid a $10 million fine to the US government for these transactions in a civil action.

Why do DraftKings and FanDuel accept PayPal?

DraftKings and FanDuel are daily fantasy sports sites. These businesses are considered to be skill gaming under most state laws. PayPal’s legal opinion is that processing payments for FanDuel and DraftKings are legal in all jurisdictions that it operates.

Can you use PayPal on bet365?

Yes. Many countries that host bet365 allow players to make deposits and withdrawals with PayPal

Can you use PayPal on 888?

Yes. When you are about to deposit you will be directed to a PayPal login page. Simply enter your email and PayPal password to access your account.

Does betway accept PayPal?

Yes. betway does permit PayPal as one of its banking methods. However, it may be necessary to open a PayPal account specific to the country in which one’s betway account resides.

History of PayPal in online betting

PayPal was the first major ewallet on the Internet. It allowed individuals the ability to send money to a company or another person. It became the most popular way to purchase an item on Ebay. It was also the top choice for online gambling sites that accepted Americans, although it was a trivial amount of PayPal’s total business.

Online gambling transactions accounted for about eight percent of PayPal’s entire processing business in 2002. PayPal had little business outside North America at the time. That has changed drastically and PayPal is now an international company that processes payments in over 100 countries.
eBay acquired PayPal in 2002. The company has since split and became two different companies in 2015.

eBay purchases PayPal

PayPal stopped processing online gambling payments almost immediately after the 2002 merger. This left the US online gaming market with a massive void. Firepay and Neteller quickly came to the rescue. Both of these companies ran into legal trouble in 2006 and 2007, respectively.

The combined company became the target of a federal investigation into its online gambling payment processing in 2002, even though PayPal was an independent company when the alleged transactions took place. The company agreed to pay a $10 million civil settlement to dispose of the case in US Court in the Eastern District of Missouri. The amount was estimated to equal the amount of profit PayPal made during the two years it processed online gambling payments.

PayPal returns to online betting

PayPal stayed out of the online betting business until 2009. That is when the company decided to start processing payments again for the online gaming industry. The difference is this time around, the sites PayPal did business within the sector were fully legal and licensed in the jurisdictions where PayPal processed payments. This generally meant that the United Kingdom was the only country where PayPal was available as a deposit and withdrawal option.

Sports Betting Sites That Accept Paypal Electronics

Betfair was the first online betting site to use PayPal in Europe. Maybe not coincidentally, Betfair never accepted US players for any of its offerings, even before the Unlawful Internet Gambling Enforcement Act went into effect in 2006. Before that time, virtually every online gambling site accepted US players.

Betfair is known as a betting exchange. It differs from a typical betting shop as it allows players to set buy and sell prices similar to a commodities or stock market. Betfair takes a percentage of the win. This gave PayPal a unique entry into a complicated industry.

It was not long before other UK sportsbooks got approved by PayPal to use it for payment processing. Bet365, Ladbrokes and William Hill were among the companies selected to expand PayPal’s European online gaming business. Other online gaming companies that accept PayPal include 888, bwin, PartyPoker and Paddy Power. PayPal continued to only permit its use for online gaming purposes in countries where the activity is specifically legal and licensed.

Bet365, Ladbrokes and William Hill are among the strongest online gaming brands in the world. Each specializes in sports betting with online poker rooms and casinos falling secondary to the main business. All three started out as live betting shops throughout the UK. Each started to move its business to the Internet in the mid-2000’s during the online gaming boom. Bet365 sold its bricks-and-mortar betting shops in 2005. Ladbrokes and William Hill continue to operate them, lending even more credibility to the online business.

PayPal continued to operate its eBay and person-to-person business in the US. This included payment processing for traditional online businesses. It also permitted some uses within the skill gaming sector. This includes Worldwinner, a skill-based site owned by GSN. Worldwinner also processed payments to less traditional skill gaming sites that include Gamesgrid’s backgammon games and duplicate card games like spades, bridge and poker. Duplicate cards deal all players the same cards and score based on the difference in points between the participants.

Sports Betting Sites That Accept Paypal Credit

PayPal enters daily fantasy payment processing

The next big move in the US for PayPal was daily fantasy sports. The contests are believed to fall under skill game laws in as many as 45 states, although there is some debate about the exact number where it is legal. Nonetheless, PayPal processes deposits and withdrawals for all sites in all states where daily fantasy companies operate.

New Jersey, the next step for PayPal

The next step for PayPal in the online gambling industry came in 2015. That is when PayPal and Caesars Interactive Entertainment started processing online poker and casino payments for WSOP.com and Nevada and New Jersey, as well as 888, Harrah’s Casino and Caesars Casino.

Sports Betting Sites That Accept Paypal As Payment

PayPal continues to be the largest ewallet in the world. Its movement back into the online betting industry helped it compete with Neteller and Skrill in Europe. Becoming a processor for big names like Betfair, Bet365, Ladbrokes and William Hill helped give it brand awareness in other countries where it may not otherwise have received the attention from players.