PayPal & Betting Sites

PayPal Betting SitesPayPal is an eWallet that allows you to store your money electronically. Similarly to a regular bank account, your online PayPal wallet will allow you to deposit and withdraw funds and to pay online in the same way you would typically do with your debit or credit card. PayPal can surely be used to deposit funds into UK online betting accounts: you can do that anywhere in the world as long as you are in a country where gambling is legal.

Betting Sites That Accept PayPal

888-sport (1) 888 Sport  Min Dep: £10 | Min Withdrawal: £15 | Fees: 0% | Withdrawal Time: 2 – 3 Days

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ladbrokes 1 - Betting Sites Payment Options – PayPal Ladbrokes  Min Dep: £10 | Min Withdrawal: £10 | Fees: 0% | Withdrawal Time: Up to 6hrs

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Coral - Betting Sites Payment Options – PayPal Coral  Min Dep: £10 | Min Withdrawal: £5 | Fees: 0% | Withdrawal Time: Up to 24hrs

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betvictor 1 - Betting Sites Payment Options – PayPal BetVictor  Min Dep: £10 | Min Withdrawal: £10 | Fees: 0% | Withdrawal Time: Up to 24hrs

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betway 1 - Betting Sites Payment Options – PayPal Betway  Min Dep: £10 | Min Withdrawal: £10 | Fees: 0% | Withdrawal Time: 2 to 24hrs

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william hill 1 - Betting Sites Payment Options – PayPal William Hill  Min Dep: £10 | Min Withdrawal: £5 | Fees: 0% | Withdrawal Time: Up to 24hrs

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betfred 1 - Betting Sites Payment Options – PayPal Betfred  Min Dep: £5 | Min Withdrawal: £5 | Fees: 0% | Withdrawal Time: Up to 24hrs

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unibet 1 - Betting Sites Payment Options – PayPal Unibet  Min Dep: £10 | Min Withdrawal: £15 | Fees: 0% | Withdrawal Time: Up to 12hrs

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betfair 1 - Betting Sites Payment Options – PayPal Betfair  Min Dep: £5 | Min Withdrawal: £1 | Fees: 2.0% (0% Withdrawal) | Withdrawal Time: Up to 24hrs

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paddy power 1 - Betting Sites Payment Options – PayPal Paddy Power  Min Dep: £5 | Min Withdrawal: £10 | Fees: 0% | Withdrawal Time: 1 – 4 Hours

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betsafe 1 - Betting Sites Payment Options – PayPal Betsafe  Min Dep: £10 | Min Withdrawal: £10 | Fees: 0% | Withdrawal Time: Up to 24 hrs

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888-sport (1) PayPal Special 888 Offer – Treble The Odds, Cash WinningsThe majority of betting sites are not allowing players that deposit through PayPal to qualify for offers. 888 Sports, however, do provide new customers that are using PayPal to fund their newly created bonus to get 3x odds on any bet of £10 or more. All the winning will be on cash and this is valid on any bet apart from enhanced specials. Full T&C’s Applies, 18+ Only, Gamble Responsibly

A top advantage of using PayPal when funding betting accounts is that you don’t have to provide your payments details to every single betting site. With PayPal, you are able to send and receive money with all the major UK betting sites: in this way you can manage your betting efficiently and also avoid the risks that come from having to supply payments details to a large number of entities. Regarding costs, the vast majority of UK betting sites are accepting PayPal in the same way as a regular debit or credit card transaction.

PayPal Is A Fast Method For Withdrawing

Funds are clearing with PayPal faster than with regular bank accounts so you can use your money already 24 hours after requesting a withdrawal: in some cases already after few hours. Once the cash is on your PayPal account you can decide to use them to buy something online (or fund another betting site) or you can withdraw them into your bank account: if you choose the second way you will need to allow around 2 to 5 working days due to regular banking times.

PayPal gives you great flexibility and will allow you to keep better track of all the betting expenses: with this eWallet, you will be able to see what you are depositing and withdrawing without being confused by your ordinary grocery expenses. PayPal is also accepted worldwide as a way of online payment so you can use the funds that are in the ewallet in different ways and not only for gambling reasons.

PayPal Quick Registration

Recently most UK bookmakers have launched PayPal quick registration: with this innovative feature, you will be able to sign up and deposit in just a few minutes. This will allow you to receive your sign up bonus and you can repeat the same quick sign up on many betting sites without having to enter your details every single time.

PayPal & Betting Sites

PayPal ExampleIt is not true at all the PayPal cannot be used to fund betting accounts in the UK. This might be correct in the USA and Canada, but it is possible to use PayPal in any jurisdiction where gambling is legal, like the United Kingdom. One minor issue is that not all the betting sites are accepting PayPal, but all the top bookmaker will offer this popular option.

Verification Process

When you use PayPal as a payment method you will have to complete a verification process which is required by law with the betting sites: this is nothing special, and it is done with the regulator intention of preventing minors from gambling and also avoid fraud and money laundering. Generally, with PayPal, you also qualify for welcome offers which is not the case for others eWallet companies like Skrill or Neteller.

How To Use PayPal To Deposit Money To A Betting Site

Lots of people in the UK have a PayPal account. If you want to deposit money into a betting site, you will need first to load your PayPal account with the necessary cash and then proceed with transferring that money from PayPal to the betting site.

The whole process is, and if the name on the PayPal account matches with the one in the betting account, things will go smoothly. Usually, due to security, you are not allowed to withdraw to PayPal if you have not used this payment method when depositing.

Opening A PayPal Account Is Easy

If you don’t have a PayPal account, don’t worry as opening a new one is very simple. PayPal will take some time as they will need to verify your email address and your bank account: this process is usually carried out by a code that is sent via post and also by sending you a code with a bank transfer. As soon as the account has been verified, you can start using it immediately and load it with funds that you will then transfer into one or more betting accounts.

A key advantage of having your bank account linked with PayPal is that you can manage everything seamlessly. You will have the control of your ins and outs, and even if you have multiple betting accounts, everything will be easy to keep track. It will also save you a lot of time when your debit or credit card will expire: instead of changing your card details in all the betting sites, you just need to change it once. For additional flexibility, you can also link multiple cards in your PayPal account.

Betting Sites PayPal Quick Registration

PayPal Quick RegistrationRecently some of the best betting sites like Ladbrokes and Coral have launched a new functionality which is linked with PayPal, and it is called Quick Registration. With this functionality, you can register to betting sites by using PayPal credentials: in short, you authorising PayPal to share personal details with the betting site like name, date of birth, address and so on. The main advantage is that you will be able to register with just a click and within seconds you will be ready to deposit funds and start betting. Furthermore, you just need to enter your details in PayPal once, and you will be able to register with all the betting sites that are offering this innovative functionality.

What is PayPal History?

Paypal-iPhonePayPal was created towards the end of the last century as a way to electronically transfer money. It wasn’t until they reached a deal with eBay that they started to do serious business.

eBay was offering an innovative way to buy and sell goods online and needed a payment method to go with this idea. Initially, eBay had their own system called Billpoint, but the vast majority of their auctions (around 70%) preferred PayPal as a payment method. In 2002 eBay decided to buy PayPal for $1.5 billion, and it became the default payment method on eBay. PayPal, however, continued to operate as a separate company, and it was also used by others, online providers.

PayPal Continued Growth

PayPal continued to grow exponentially and in 2010 had more than 100 millions active users. Today PayPal has more than 200 million users and do operate in more than 200 countries and with 25 currencies. PayPal had separated entirely from eBay in 2015, and it is now a separate entity.

Countries Where You Can Use PayPal For Betting

PayPal is currently available in 202 countries in the world, but it is only available to fund betting websites in those legislations where gambling is legal and regulated.

PayPal Security

Bank SecuritySince the very beginning, PayPal has been set up to be a completely safe way to transfer money electronically. They have taken all the steps so that your data is fully encrypted and it is a lot safer to use PayPal then enter your payment details everytime you are buying something online.

PayPal has a full team that is checking for irregularities and will immediately block the account if they notice a suspect behaviour.

PayPal Fees

You could be charged in two ways for using PayPal to deposit betting funds: firstly you could be charged by the betting site and secondly by Paypal. This was mostly in the past though as nowadays the majority of the betting sites will not charge you for using PayPal.

The majority of charges are if you are sending money to another country or another currency. If you have a UK bank account and you are going to bet in GBP with a UK bookmaker, it is likely that you won’t be charged at all.

How PayPal Make Money If They Don’t Charge Personal Fees?

They make money by charging the betting site. Some betting sites, the vast majority, decide not to pay those fees and they are passing back to the customers, but this is not frequent. PayPal might charge you to fund your digital wallet if you use for example credit cards as this is classed as a cash transaction.