Paypal Sports Betting Sites

Betting With PayPal – An Overview

• See Full List On Legalsportsreport.com
• Paypal Sports Betting Sites

Betting with PayPal is becoming ever more popular – and for lots of good reasons. In this article we willlist the best sites that make use of PayPal and why it should be your preferred option. We will also discuss the pros & cons, how you deposit & withdraw with PayPal plus a brief history about the company and how it entered the online betting market.

PayPal Bookies: Best Sites That Make Use of PayPal

• Betting sites that work with PayPal have already done the heavy lifting and set up an.
• Sports betting sites that accept PayPal deposits allow you to start betting within minutes of signing up. Once you've chosen a site from our list above, you'll need to provide your email address. Once you confirm your identity by clicking on the link the site will send, you're ready to add funds to your betting.
• PayPal Betting Bonuses. PayPal betting sites are always excited to get new punters. As part of their efforts to attract new members, they offer bonuses for new players that make it even easier to come away a winner. By taking advantage of these promotions, smart bettors can increase their profits and get more value for every PayPal.

PayPal betting sites can be found in most places where sports betting is legal.

The following is a list of sites hand picked by our experts for betting with PayPal:

• William Hill– If you enjoy betting on football games then William Hill is the best option. They also offer high limits when it comes to withdrawals.
• Ladbrokes – If you're looking for regular betting promos then Ladbrokes is your choice. They also offer gamblers great odds when betting on football.
• 888sport– This is actually one of the most respected bookmakers today. The company has been in the business of sports betting for many years. Make sure to check out its payouts for football games. It is no less than impressive.
• Unibet – If you want a bookmaker with plenty of experience then Unibet is for you. It's one of the most well-known in the UK, offering amazing football odds and top live streaming.
• Bet365 – As one of the biggest betting sites out there Bet365 offers a great range of markets. You will also find numerous promotions & special deals.
• 10Bet– 10bet is one of the betting sites investing a lot in football team's and former player's partnership. They have paired with Juventus and Drogba and they communicate this all over the site which offers a great mobile experience.
• Bwin – A great up and coming bookmaker that has lots of top offers and promotions. It's perfect if you're looking for a bookie that rewards you throughout the year.
• Mr. Play – One of the latest bookmakers joining the UK betting world with an impressive user experience. It's definitely the best option if you want to try out a new betting site.
• MansionBet – This is brilliant in terms of variety of sports, and offers more than most of its competitors – even the bigger ones. It's innovate, quick, safe and secure.

Why should you use PayPal for Online Betting?

We all know that PayPal is a relative newcomer to sports betting. There are others who have been at it much longer than PayPal has. Nevertheless, PayPal has been in the e-wallet industry for much longer. Now, you have to weigh the pros and cons of using this payment method (we'll go over that in a little bit).

When you use PayPal's service you are banking on its decades' worth of experience. That's a lot of experience when it comes to providing security for your money. Note that there are countless transactions that occur on the company's servers on a daily basis.

It brings its security experience while working with eBay on the table, which is an added guarantee. On top of that, the company offers its clients 6 levels of precautionary measures to keep each transaction safe. That's the level of security that your account will get.

What the company is doing is to simply take an entire suite of services that are already in operation and offer it to a different set and more specific group of customers. The level of security it offers makes it a pretty good option that you can switch to if you're looking for an alternative to credit card deposits and bank wire transfers.

PayPal Services

It offers the following services: global member protection, secure encryption technology, dispute resolutions, 24/7 monitoring, fraud prevention, and personal data privacy. If you have used e-wallets before, then you might find its sports betting services to be quite familiar.

If your bookmaker allows the use of PayPal, then you can use it to top up your account, usually without any extra cost. Other than top-ups that are free of charge, you can also take advantage of a deposit bonus that you can claim after making a first-time deposit.

Note that this is only one of the many betting promotions that you can take advantage of from PayPal. Do be aware that transactions usually take 3 to 5 days to complete. Also, understand that there are usually no fees when you transfer money from your PayPal account to your bank account, but check with your bank to be sure – since some banks do charge.

How to Use PayPal to Withdraw/Deposit Money on an Online Bookmaker

To make deposits via PayPal, you still need to go to your bookmaker's payment page or payment section. You should fill out any information if necessary. They will then ask you to enter the amount you want to deposit or withdraw in case you are making a withdrawal.

See Full List On Legalsportsreport.com

You will then be transferred to the PayPal page where you will have to log in to your account. You won't do much on your PayPal account page since the only thing that you will have to do is to approve the transaction that you performed (i.e. withdrawal or deposit).

The process for receiving money will be almost the same. You will have to go to the payment section of your bookmaker's website and select PayPal as your payment processor. You will then be required to enter the amount of you will be receiving (in some systems this step is no longer necessary since the amount will already be indicated) and then you will be required to enter your bookmaker password as an added security feature.

How to Deposit with PayPal – Step by Step

• Log in to your bookmaker account
• Go to the deposit page and choose PayPal as your payment option
• Enter the amount you would like to deposit and confirm
• Now you will be automatically redirected to your PayPal account where you will need to log in and authorize the payment (Note, if you don't have an account you can now register one from the same page)
• Done!

How to Withdraw with PayPal – Step by Step

• Log in to your bookmaker account
• Go to the withdrawal page and choose PayPal as your preferred method
• Enter the amount you would like to withdraw and confirm
• Done! The money should be in your account within 48 hours

Linking Your Bank Account

What if you want to add cash to your PayPal account? There are two options available to you. The first one is through your bank account and the other option is through the PayPal cash service.

Note that before you can use your PayPal account for any type of transaction, you should link your account to your bank account. The process to link your bank account to your PayPal account will require a test withdrawal and deposit to and from your bank account.

Click 'add money' link at the bottom of your PayPal account balance. You will then be asked to choose which bank account to use. You will then be required to enter the amount of funds you wish to add to your account and then you click 'Add.'

To use the PayPal cash service you will then follow pretty much the same process. Now, instead of choosing a bank account you will select the local vendor that is associated with PayPal. You will then be given a special code or bar-code after requesting a deposit. Note that there will be a service for the cash transfer service which will vary from one vendor to another. Your PayPal account will then be credited immediately.

Security and Fees

Tight security is one of the main reasons why betting with PayPal continues to be the safest deposit and withdrawal method. This is primarily the reason why it has been so successful as an e-wallet service company. It offers top-notch security that has been tried and tested – which is one of the main reasons why the UK Gambling Commission continues to allow PayPal transactions.

Paypal Sports Betting Sites

This feature is quite attractive to bettors of course. It uses the latest technology, payments and other transactions are encrypted. Your financial and personal information will remain undisclosed throughout every transaction.

Note that making deposits on your PayPal account is absolutely free. The only time they will charge a fee is when you withdraw money for any transaction whether you're betting for a sport or when you make a purchase online. This is where PayPal makes its money – it's usually a 3.4% commission rate. Note that the rates change since transaction amounts vary and are classified according to tiers. Some tiers have lower commission rates, sometimes lower than 2.4%.

PayPal for Sports Betting: Pros and Cons

Here are the advantages and disadvantages of betting with PayPal for sportsbook transactions. Let's begin with the pros:

Pros

• Betting with PayPal is available for mobile transactions. That means you can top up your bookie account balance, make deposits, withdraw your winnings, and complete your other transactions using your mobile device.
• PayPal's reliability as an e-wallet is pretty high. Many people consider it one of the world's best if not the best.
• The company's customer service is also top-notch. However, you should remember to call the customer service team during business hours. Other than that, you can send an email to their support centre. The response is usually prompt.
• It offers instant money transfers.
• Many popular and reliable bookmakers accept this form of payment.

Cons

• When betting with PayPal, they may charge you certain fees when you make your withdrawals. Some fees are charged by your bank and others may be charged by PayPal.
• Though not exactly a con, per se, all transactions when betting with PayPal are documented. That means the local financial authority in your country can review your betting activity, which can be a bad thing for some people.

History of PayPal

PayPal wasn't always known by its current name. They were once known as Confinity. The company was founded in 1998. Back then it was a close-knit small enterprise. Nevertheless, it was able to gain the trust of its clients and became the top payment method on eBay.

Through the years PayPal underwent a lot of changes. During its first year in operations, it was only doing software development. The following year after its establishment, the company started offering money services.

Business was going great and then it merged with x.com, which was an online banking enterprise. In 2001 after the merger it changed the name of the new company to PayPal.

Things went quite well. Well, it went so good that eBay became interested in the company. PayPal was eventually acquired by eBay in 2002 for 1.5 billion dollars.

PayPal only came into the online betting scene quite recently. Other e-wallets such as Neteller and Skrill, have been in the business for quite some time now but PayPal's experience in the e-wallet business makes it a formidable competitor. In fact, a lot of sports betting pages nowadays accept PayPal as a mode of payment.

FAQ commonly asked questions about PayPal

• Can I bet with PayPal?

  Yes, not only you can bet with PayPal but it is also suggested as one of the safest, quickest and simplest payment method for your betting transactions. In addition to this, some bookmakers also offer exclusive offers and promotions to those users choosing PayPal to make their deposits.

• Do all betting sites accept PayPal?

  Yes, most of the bookmakers allow transactions through PayPal. PayPal is used for all kinds of digital payments, 2019 projections show that roughly 50% of all digital payments will be executed through Paypal, making it the most common form of online payment.

• Is PayPal a safe payment option for sports betting?

  Yes, PayPal is considered one of the safest payment options for online transactions. Betting experts recommend using Paypal as payment method for online betting for multiple reasons with the most important being the fast processing times for withdrawals (up to 24 hours).

• Do any fees occur when betting with PayPal?

  No, no fees occur when betting with Paypal. Not only both deposits and withdrawals are free but also deposits are instant, and the withdrawal processing times are amongst the quickest; a withdrawal takes on average 3 hours to be processed, at most 24 hours.

• Can I still claim bonuses & free bets when I use PayPal?

  Yes, you can. There are no restrictions to promotions, bonuses and free bets while using Paypal as payment method as it happens with other forms of payment methods which are commonly known as e-wallets. The reason for this is that PayPal is a safe payment method for bookmakers as well.

• How long does it take to deposit money with PayPal to a betting site?

  Deposits with Paypal are instantly credited to your betting sites. Assuming your Paypal account is funded, a deposit to any of the betting sites requires seconds to be fully processed. This makes PayPal the most used form of digital payment around the globe.

• How long does it take to withdraw money with PayPal from a betting site?

  Paypal is one of the quickest payment methods for withdrawal processing times. It only takes up to 24 hours to see the funds available on your PayPal account. However researches show that on average a withdrawal done through PayPal only requires 3 hours to be processed.

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.

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. List of all online casinos. 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

Note that this is only one of the many betting promotions that you can take advantage of from PayPal. Do be aware that transactions usually take 3 to 5 days to complete. Also, understand that there are usually no fees when you transfer money from your PayPal account to your bank account, but check with your bank to be sure – since some banks do charge.

How to Use PayPal to Withdraw/Deposit Money on an Online Bookmaker

To make deposits via PayPal, you still need to go to your bookmaker's payment page or payment section. You should fill out any information if necessary. They will then ask you to enter the amount you want to deposit or withdraw in case you are making a withdrawal.

See Full List On Legalsportsreport.com

You will then be transferred to the PayPal page where you will have to log in to your account. You won't do much on your PayPal account page since the only thing that you will have to do is to approve the transaction that you performed (i.e. withdrawal or deposit).

The process for receiving money will be almost the same. You will have to go to the payment section of your bookmaker's website and select PayPal as your payment processor. You will then be required to enter the amount of you will be receiving (in some systems this step is no longer necessary since the amount will already be indicated) and then you will be required to enter your bookmaker password as an added security feature.

How to Deposit with PayPal – Step by Step

• Log in to your bookmaker account
• Go to the deposit page and choose PayPal as your payment option
• Enter the amount you would like to deposit and confirm
• Now you will be automatically redirected to your PayPal account where you will need to log in and authorize the payment (Note, if you don't have an account you can now register one from the same page)
• Done!

How to Withdraw with PayPal – Step by Step

• Log in to your bookmaker account
• Go to the withdrawal page and choose PayPal as your preferred method
• Enter the amount you would like to withdraw and confirm
• Done! The money should be in your account within 48 hours

Linking Your Bank Account

What if you want to add cash to your PayPal account? There are two options available to you. The first one is through your bank account and the other option is through the PayPal cash service.

Note that before you can use your PayPal account for any type of transaction, you should link your account to your bank account. The process to link your bank account to your PayPal account will require a test withdrawal and deposit to and from your bank account.

Click 'add money' link at the bottom of your PayPal account balance. You will then be asked to choose which bank account to use. You will then be required to enter the amount of funds you wish to add to your account and then you click 'Add.'

To use the PayPal cash service you will then follow pretty much the same process. Now, instead of choosing a bank account you will select the local vendor that is associated with PayPal. You will then be given a special code or bar-code after requesting a deposit. Note that there will be a service for the cash transfer service which will vary from one vendor to another. Your PayPal account will then be credited immediately.

Security and Fees

Tight security is one of the main reasons why betting with PayPal continues to be the safest deposit and withdrawal method. This is primarily the reason why it has been so successful as an e-wallet service company. It offers top-notch security that has been tried and tested – which is one of the main reasons why the UK Gambling Commission continues to allow PayPal transactions.

Paypal Sports Betting Sites

This feature is quite attractive to bettors of course. It uses the latest technology, payments and other transactions are encrypted. Your financial and personal information will remain undisclosed throughout every transaction.

Note that making deposits on your PayPal account is absolutely free. The only time they will charge a fee is when you withdraw money for any transaction whether you're betting for a sport or when you make a purchase online. This is where PayPal makes its money – it's usually a 3.4% commission rate. Note that the rates change since transaction amounts vary and are classified according to tiers. Some tiers have lower commission rates, sometimes lower than 2.4%.

PayPal for Sports Betting: Pros and Cons

Here are the advantages and disadvantages of betting with PayPal for sportsbook transactions. Let's begin with the pros:

Pros

• Betting with PayPal is available for mobile transactions. That means you can top up your bookie account balance, make deposits, withdraw your winnings, and complete your other transactions using your mobile device.
• PayPal's reliability as an e-wallet is pretty high. Many people consider it one of the world's best if not the best.
• The company's customer service is also top-notch. However, you should remember to call the customer service team during business hours. Other than that, you can send an email to their support centre. The response is usually prompt.
• It offers instant money transfers.
• Many popular and reliable bookmakers accept this form of payment.

Cons

• When betting with PayPal, they may charge you certain fees when you make your withdrawals. Some fees are charged by your bank and others may be charged by PayPal.
• Though not exactly a con, per se, all transactions when betting with PayPal are documented. That means the local financial authority in your country can review your betting activity, which can be a bad thing for some people.

History of PayPal

PayPal wasn't always known by its current name. They were once known as Confinity. The company was founded in 1998. Back then it was a close-knit small enterprise. Nevertheless, it was able to gain the trust of its clients and became the top payment method on eBay.

Through the years PayPal underwent a lot of changes. During its first year in operations, it was only doing software development. The following year after its establishment, the company started offering money services.

Business was going great and then it merged with x.com, which was an online banking enterprise. In 2001 after the merger it changed the name of the new company to PayPal.

Things went quite well. Well, it went so good that eBay became interested in the company. PayPal was eventually acquired by eBay in 2002 for 1.5 billion dollars.

PayPal only came into the online betting scene quite recently. Other e-wallets such as Neteller and Skrill, have been in the business for quite some time now but PayPal's experience in the e-wallet business makes it a formidable competitor. In fact, a lot of sports betting pages nowadays accept PayPal as a mode of payment.

FAQ commonly asked questions about PayPal

• Can I bet with PayPal?

  Yes, not only you can bet with PayPal but it is also suggested as one of the safest, quickest and simplest payment method for your betting transactions. In addition to this, some bookmakers also offer exclusive offers and promotions to those users choosing PayPal to make their deposits.

• Do all betting sites accept PayPal?

  Yes, most of the bookmakers allow transactions through PayPal. PayPal is used for all kinds of digital payments, 2019 projections show that roughly 50% of all digital payments will be executed through Paypal, making it the most common form of online payment.

• Is PayPal a safe payment option for sports betting?

  Yes, PayPal is considered one of the safest payment options for online transactions. Betting experts recommend using Paypal as payment method for online betting for multiple reasons with the most important being the fast processing times for withdrawals (up to 24 hours).

• Do any fees occur when betting with PayPal?

  No, no fees occur when betting with Paypal. Not only both deposits and withdrawals are free but also deposits are instant, and the withdrawal processing times are amongst the quickest; a withdrawal takes on average 3 hours to be processed, at most 24 hours.

• Can I still claim bonuses & free bets when I use PayPal?

  Yes, you can. There are no restrictions to promotions, bonuses and free bets while using Paypal as payment method as it happens with other forms of payment methods which are commonly known as e-wallets. The reason for this is that PayPal is a safe payment method for bookmakers as well.

• How long does it take to deposit money with PayPal to a betting site?

  Deposits with Paypal are instantly credited to your betting sites. Assuming your Paypal account is funded, a deposit to any of the betting sites requires seconds to be fully processed. This makes PayPal the most used form of digital payment around the globe.

• How long does it take to withdraw money with PayPal from a betting site?

  Paypal is one of the quickest payment methods for withdrawal processing times. It only takes up to 24 hours to see the funds available on your PayPal account. However researches show that on average a withdrawal done through PayPal only requires 3 hours to be processed.

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.

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. List of all online casinos. 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.

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.