PayPal Holdings, Inc. is a US based company that offers a global online payment method and it was the pioneer of secure internet based online payment services. The growth of paperless money transfers made electronically as an alternative to traditional methods such as cheques and money orders transformed how we spend our cash, especially in online gambling. Currently, PayPal processes payments for commercial users such as online bookmakers and charges a fee for providing this service. The size of the operation is a global phenomenon today. In the fact, in 2014 alone, PayPal processed a whopping $228 billion in 26 different currencies and in more than 190 countries all over the globe.
The growth of PayPal has come in several phases with bookmaking not initially involved but becoming part of the massive evolution of the business. At first PayPal payments were mainly made for eBay transactions after it was acquired in 2002 and that’s when it really took off. Paperless payment was suited for the auction site especially for individuals who could not accept credit cards. PayPal then tailored its service to cater for business accounts, such as bookmakers. Its merchant services now provide payment solutions to ecommerce businesses, including bookmakers.
In this detailed dossier, you are going to learn all about PayPal betting:
Without a doubt, PayPal is an excellent payment method for depositing and withdrawing funds from an online betting account. After you read this exclusive PayPal betting guide, you will agree that it is the best solution for all kinds of online betting transactions. Today, PayPal betting sites have virtually flooded the online gambling market. But then, before we get to details about betting with PayPal, let us first look at why it should be your number one choice for online betting transactions.
Underneath you will find all the advantages of betting with PayPal and the BIG reasons why you should use PayPal for your gambling transactions online:
Instant Money Transfers
Transactions are instant. If you have a PayPal account, creating a betting account, making a deposit using PayPal and having the funds to place bets will only take a few minutes. Unlike PayPal, Bank transfers and cheque payments involve a delay which is a huge hindrance to spontaneous online betting. Whether you are an avid gambler or a beginner you definitely want to respond quickly to new account free bet offers. That lucrative offer may only be valid of a day or perhaps even a few hours. With instant funds transfer from PayPal you will always be able to act promptly whenever you spot an exceptional offer or when you just want to make a deposit and place a quick bet.
Funds appear in an account immediately and once the two sites have been linked, money is transferred from PayPal as if it was a bank account. As is standard in the betting industry deposits are processed immediately and withdrawals take between three and five working days.
PayPal Account Security
Security is one of the most important considerations when you are dealing with online bookmakers. As a customer, you need access to your funds with full confidence that your money is completely safe and not subject to any kind of fraud. Thankfully, your PayPal has an optional security key which is part of the PayPal login UK process or any other part of the world for that matter. This code is randomly generated and can be changed for your convenience at any time.
It isn’t really a two-factor authentication per se, but it does make it difficult for your account to be compromised by anyone with evil intentions. Thus, with a PayPal account, you are guaranteed that your money is secure since their systems have a top-notch security protocol to keep your money safe.
Privacy and security are vital aspects to consider when selecting a betting account. Customers like to be fully reassured that their monetary details will not be abused in any way. PayPal has developed intricate procedures to eradicate fraud and maintain the discretion of personal information.
Age verification procedures make sure that under-age individuals don’t bet online. PayPal has also developed a monitoring system using artificial intelligence to detect suspicious transactions. The issue is handled as risk management and betting PayPal tries to ensure that fraudulent activity is eliminated.
For convenience and security betting PayPal is an excellent method of banking with online bookmakers. Funds can be quickly deposited and taken out of betting sites with the confidence gained from many security features that come with this payment method.
There is also fast processing of payment and even better bookmakers don’t have direct access to your financial details. That’s because the online casino / bookmaker will not have any direct access to your bank account information. Apart from that your bank will not know about your gambling activities. The only thing that will show up in your statement is transactions in and out of PayPal. Some banks end up suspending your account temporarily whenever they find the trail of your gambling activities. Thanks to your PayPal account, your bank will not know what you are doing.
Protecting The Details Of Your Card
PayPal betting also protects your card details. If you use it to make your deposits in your gambling account, you will be redirected to PayPal’s website for confirmation of the amount of deposit and the transaction itself. Meaning that you will never have to share your card details with any other individual and entity other than PayPal alone.
This is a major benefit because the bookmaker or casino won’t see the details of your card and will therefore not be able to store them.
There is no way of anyone accessing the details of your card. In fact, in the unfortunate event that someone manages to hack into your gambling account, the trespasser won’t manage to make a deposit. That’s because they aren’t able to successfully confirm this transaction from PayPal’s confirmation page.
If you have a PayPal account, you will not have to worry about transaction fees because PayPal doesn’t charge any fees whether you are withdrawing or making deposits. However, you have to read through the terms and conditions of the online casino that you are gambling in to confirm whether there are any fees associated with PayPal transactions.
PayPal is widely accepted by online bookmakers so the industry of gambling has many PayPal betting sites. The majority of them offer free bets when deposits are made using funds from your PayPal account. It is a fully electronic payment storage provider so depositing funds with a bookmaker is universal.
PayPal will not process bookmaker payments from US based customers but British users can fund their betting accounts using this method.
Virtually all the casinos in UK accept PayPal as a method of payment. Using it is quite simple. But first, if you don’t have a PayPal account, you will have to sign up for one using your email address. The PayPal sign up process is easy, just fill in the details as needed and you will be done in minutes. You might have to wait a few days for your account to be verified once you connect you credit card to your PayPal account. To load your PayPal account, just go to the homepage and fill in your email address and password on the PayPal login UK page. From there, you will be ready to make your first payment in your bookmarker of choice.
Here are the steps you have follow, to make your payment at William Hill;
As you can see, it’s the same easy process that you use when you shop online, nothing new.
You will be impressed by the efficiency of both deposits and withdrawals as we have already discussed.
Your real cash will be deposited in your gambling account immediately and you will be able to enjoy your favourite games in minutes.
Does PayPal work for online Casinos?
The PayPal ewallet works well and efficiently on online casinos in the UK. It does boast of faster speeds in deposit payments and total safety of your account information. However, due to legal issues, it is not usually found as a payment method in gambling sites in the United States.
How do I know if an online casino will accept PayPal?
Most bookies will portray the logo of the payment methods that can be used to make deposit on the site, and thus, you will see the PayPal logo among the payment options. Still, if you are not keen enough to find the logo or any writing to that effect, then you can always sign up into the bookie’s site. During that registration process, you will be prompted to make a deposit and the payment channels accepted will be brought to you. From there, choose PayPal
How safe is my money when using PayPal on online casinos?
PayPal prides itself in total security. Your real money transactions are always secured and protected any time you are using it online as you bet. All your casino money transfers will be processed through a highly secure encryption software which cannot be tapped into by any outside party. Therefore, you are safe when making any deposits or withdrawals from the PayPal betting sites. Furthermore, PayPal only accepts casinos that are fully licensed and regulated. All PayPal betting sites have to abide to the rules and regulation of the industry. You won’t find it in an illegal bookmaker where there is a chance for you to get ripped off.
What are the PayPal fees when I use it as a payment method in Casinos?
All online gambling PayPal transactions are free. However, it’s recommended that you check with your bookmaker prior to playing, since in some cases you may be charged some PayPal fees for making withdrawals to your account. Most of the online bookies outline for you the details in the section of the terms and conditions if they have PayPal fees for deposits and withdrawals.
How does PayPal compare to other payment methods in online casinos?
PayPal as a payment method offers you incredibly fast speeds for deposits and withdrawals as well that can’t be compared to other payment options such as Discover, UnionPay, JCB, MasterCard and other ewallets. Sometimes withdrawal periods may vary from one bookie to another depending on the regulations. As a PayPal user, you will also enjoy more prestigious reward programs depending on the bookie. Some payment methods are usually not eligible for some specific bonuses in online casinos, which isn’t the case if you have a PayPal account. Apart from that, you have more privacy since your betting transactions cannot be monitored directly by your bank.
What happens if I face a problem with my PayPal account?
In case you face a problem with you PayPal betting account, you can go to the PayPal contact page and reach out to the customer support using your account details. If your problem is urgent, use the live support feature for faster responses.
With all the advantages that you will get with having a PayPal account when betting, you still need to make the right choice when you select where you want to play. Lucky for you, our team of expert punters has done all the heavy lifting for you and here, we have the best PayPal betting sites that you can find out there. As you keep reading, you will find that we have provided you with a list of the best places for real money betting with your exclusive PayPal account. You can pick any from the top options that we have covered here.
William Hill is one of the most trusted brands in the UK betting industry. They have a large presence on the High Street with licensed betting offices in most towns and cities. Despite the move to online betting the company are developing their shops with the latest technology and gaming products. There has been a shift away from betting on William Hill horse racing so betting offices now offer a wider range of products such as numbers games and Fixed Odds Betting Terminals.
The William Hill mobile and digital product is holding on to the tight struggle in a competitive environment including exchange betting that offers better odds but charges commission on winning bets.
William Hill Deposits and Withdrawals
William Hill as a Betting company has one of the widest ranges of payment options in the industry and is one of the most prominent PayPal betting sites. Many of the methods are obscure but the major credit and debit cards can be used. The leading e-wallets are available, PayPal being the most popular. Funds are processed immediately in a range of deposits from £50 to £5,500. Bank transfers can be used to deposit funds and the usual delay of between three and five days applies.
The minimum bet is £0.03 and the maximum bet varies depending on the sport and league. The maximum payout each day is £2,000,000 for soccer betting and other limits apply to different sports.
William Hill Betting Bonuses
William Hill offers a range of free bets and bonuses including a £25 welcome offer matched bet that can be used on sports.
888Sport is a relatively new addition to the UK betting market having been founded in 2008 and focuses on online bookmaking. The site is registered in Gibraltar but also regulated by the Great Britain Gambling Association.
Does 888Sport accept PayPal?
Yes, 888Sport accepts PayPal for UK customers but this is one of many payment methods that can be used to deposit funds. Customers can make banking transactions using over 20 e-wallets, major debit and credit cards and bank transfer. There are fewer ways of taking out money but betting PayPal is one of the options so 888Sport is one of the PayPal betting sites online.
Money can be deposited and bets placed using five currencies, including the Euro, British pound and US dollar even though US players are not accepted. The site can be read in six European languages and odds displayed in fractional, decimal and US format. Customers can place bets with 888Sport using desktops and mobile devices. Live betting is offered for a wide range of sports and events which are streamed live to customers who login to their account. In total customers, can bet on 21 sports on the 888Sport site.
Odds and Winnings at 888Sport
Betting PayPal margins for football and ice hockey are higher than the average and across the whole range of sports the overall betting margin is above the industry standard. The minimum bet is £0.10 and the maximum bet is at the discretion of the company and varies across sports. The maximum that can be won on any day is over £350,000 and each customer has access to a full betting history. Customers can contact 888Sport by telephone, email and through Live Chat and office hours are 9am to 10pm GMT.
888Sport Bonus Offers
Betway was founded back in 2002 in the United Kingdom. The company is regulated in Great Britain by the Gambling Commission and outside of Great Britain by the Malta Gaming Authority.
Betway PayPal Betting
Banking can be carried out using major credit and debit cards and a number of e-wallets, including PayPal. Customers can make deposits and withdrawals using PayPal which allows players to securely send and receive money online using credit and debit card and bank account details. Funds can be deposited using 11 currencies including the British pound, Euro and US dollar.
Only PayPal uk players are allowed to make deposits using this mobile wallet. Players from USA are not accepted. Customers that are logged in have access to a full account history that shows banking and betting transactions.
Betway Odds and Winnings
Betway’s odds can be displayed in fractional and decimal format. Football is a major part of the product range but betting margins are above average. The overall margin across all sports is higher than the industry standard and ice hockey odds are particularly uncompetitive. There is no minimum stake as such as the maximum varies by sport and league. Customers can be paid up to £100,000 for one winning bet depending on the sport. Betway offers odds for over 40 sports and politics and film and TV specials. Customers can make contact through telephone, email and Live Chat and the customer service department is available for 24 hours each day.
Betway Bonus Offers
The 10Bet online bookmaking company was founded in 2003 and is registered in Malta and licensed by the UK Gambling Commission.
Betting With PayPal at 10Bet
PayPal UK is one of the accepted payment options and others include bank transfers, debit and credit cards and several other e-wallets. Using PayPal, bets can be placed in 17 currencies including the British Pound, Euro and American dollar even though US bettors can not bet with 10Bet. The site can be read in over 20 languages and is available on desktops and mobile devices. Customer service representatives are available 24 hours per day to address queries made via Telephone, Email and Live Chat.
10Bet Odds and Winnings
Betting margins for most sports are about average, but especially for soccer and tennis though they are slightly higher for US Sports. The overall betting margin is marginally less competitive than others in the online gaming market. The minimum bet is higher than accepted by many competitors at £1 while the maximum bet is £5,000 when betting on soccer. Maximum payouts depend on the sport and league but a general guide is £100,000. Live betting is a feature of the site which has odds for over 20 sports and offers some entertainment markets. The betting site focuses on UK and American sports and the company does not target potential customers in other parts of Europe or the world.
10Bet Bonus Offers
Titanbet was established in 2009 and is regulated in Antigua and Barbuda and the United Kingdom. Customers can contact their office by telephone, email and Live Chat and the customer service hours are 24 hours each day for every day of the year. A full postal address is not listed on the site. Titanbet offers more payment options than most other online bookmakers. The range includes the major e-wallets such as PayPal and some more obscure e-commerce methods.
Betting With PayPal at Titanbet
Customers can deposit and withdraw funds using a betting PayPal account. Funds immediately appear in your PayPal account when depositing but the standard delays apply when taking out money using PayPal and similar methods of banking. Bets from PayPal uk can be placed using eight currencies, including the British pound and euro. US based players are not allowed to access the site but customers from other parts of the field can make deposits using US dollars.
Titanbet Bonus Offers
Titanbet Odds, Markets and Winnings
New account holders who make a deposit from their PayPal account have access to betting markets in over 20 sports including the main European and UK ones and the four American sports. The Titanbet website also features odds for politics, entertainment and awards which are displayed in decimal and fractional odds format. Betting margins are significantly above average especially for football and ice hockey and the overall average is relatively high. The minimum bet is £0.10 and the maximum is not fixed but dependent on the sport and league. There is no maximum payout as such but potentially high winning bets are accepted at the discretion of the company.
BetVictor is one of the most famous names in the UK betting industry. The company was founded in 1946 by a man called Victor Chandler who passed on the business to his son who passed it to a third generation of family members with the same name. Chandler’s were one of the first British based betting companies to take their business to Gibraltar for advantageous tax. When those incentives decreased the operation stayed in Gibraltar where there was a trained and committed local work force. The company online was rebranded as BetVictor in 2012 but the third Victor Chandler remained a figurehead. In 2014 he sold his majority interest in the company to Michael Tabor, a former bookmaker who is part of the Irish based Coolmore thoroughbred breeding and racing operation.
BetVictor is licensed and regulated in Gibraltar and with the UK Gambling Commission and it is performing quite well online using traditional bookmaking methods in the digital environment.
Does Betvictor accept PayPal?
As one of the most popular bookmakers with a UK background BetVictor are huge commercial partners with betting PayPal. Betvictor PayPal customers are allowed to make deposits and withdrawals conveniently and with optimal efficiency. This betting site has fewer banking methods than some of their competitors focusing on blue chip organizations and not some of the more obscure and less well established. Just like other PayPal betting sites, it accepts a number of currencies including the British pound and several from other parts of Europe. Currencies that can be used from outside Europe include the Australian dollar and the US dollar, even though US players do not have access to the website. Deposit limits vary from £10 to £5,500 using PayPal and other payment methods.
Betvictor Odds and Markets
Betting margins for soccer are the lowest in the industry. BetVictor advertises the fact that they are best price on English Premier League matches more often than any other sportsbook. Margins for tennis are below average but the basketball odds are extremely uncompetitive. The overall betting margin is nothing exceptional and the focus is getting customers to bet on English football. The minimum bet is £0.05 and the maximum bet varies depending on the sport, league and market. Payouts on soccer can be as much as £500,000 in any one day. Odds are displayed in a wide range of formats: UK fractional, European decimal, US, Indo and Chinese. Live betting and live streaming are available on desktops and mobile devices.
Betvictor Welcome Bonus
The BetVictor sign up bonus offers a £30 free bet to new customers who must open an account and choose to opt-in in the account section called ‘My Promotions’. The company will match the value of a customer’s first bet with Bonus Funds of which the maximum is £30. This offer is subject to specific terms and conditions which are documented on the BetVictor website. The offer is heavily promoted on commercial television in the UK and the Racing Post, which is the sports betting industry publication. The paper mainly provides information about horse racing but has a daily sports section which features adverts for the leading bookmaker’s offers.
When a new BetVictor account is registered customers will have their first bet matched for £30 at most. New players have seven days to opt-in and activate the bonus but the offer will not be available after the first week since joining. The first bet must be placed within seven days with one selection at least at odds of Evens or higher. Customers have 30 days to use the bonus funds which will be credited as soon as possible.
Funds can be withdrawn through your PayPal account after the initial bonus amount has been staked four times. Any profits from the free bet will appear in the regular account and available for taking out once the wagering requirement has been met. Bets placed in the casino or on poker and games do not count. The offer is available in the UK and Ireland but does not apply to several European countries, mainly in Eastern Europe, and Japan.
In addition to the welcome offer BetVictor offers many event related and ongoing promotions associated with their sportsbook and casino.
These offers can be described as follows:
In summary, BetVictor offers one of the best ranges of bonuses of online bookmakers based in the United Kingdom. Deposits and withdrawals associated with offers can be made using several banking methods, including PayPal.
Ladbrokes in the past have been known as the biggest bookmakers in the world based on the number of betting offices they run in towns and cities in Great Britain. The gaming landscape has changed since the onset of the internet and other companies that focus on a digital product have become bigger. However, Ladbrokes is still one of the most trusted betting brands in the UK and maintains traditional betting values. The art of bookmaking has waned due to automatic pricing and reliance on exchange bookmakers to set the sports betting markets. Ladbrokes still have a presence on racecourses in Britain and Ireland that provides the unique attraction of cash betting and trying to find the best prices amongst rows of bookmaker pitches.If not now the biggest bookmaker Ladbrokes could claim to be one of the oldest as the company was established in 1886.
Betting With PayPal at Ladbrokes
This bookie offers a number of payment options including PayPal. In terms of customer base Ladbrokes are probably on a par with William Hill and as such are major commercials partners with PayPal. The range of banking methods includes the more blue-chip type organizations in keeping with a company that is listed in the London Stock Exchange. Deposits from your PayPal account among other methods of payment can be made using 18 currencies in total, including the Australian and Canadian dollar, US dollar, British Pound and Euro. Players based in the United States do not have access to Ladbrokes online, including the sportsbook and casino.
Odds and Winnings
Odds on the Ladbrokes website are displayed in decimal, fractional and US format. Betting margins for football are relatively low but not the lowest and that is compensated somewhat by the high betting margins for tennis.
The minimum bet is £0.10 and the maximum bet varies. The most that can be paid out in one day on a soccer bet is £1,000,000. Live betting and live streaming is available for many sports and fixtures.
Ladbrokes Welcome Bonus
New customers are entitled to a free bet of up to £50 but detailed terms and conditions apply. Once a new user makes a deposit and stakes at least £5 a free matched bet is added to the new account equal to the amount of the first bet. The free bet token must be used within 7 days of the free bet being credited. The first bet must be placed at odds of 1/2 (1.50) or over. There are no specific wagering requirements except that the free bet is for the same amount as the initial bet so is a matched bonus. Only the win parts of each-way bets count.
The sign up offer is one of several ongoing promotions on the Ladbrokes website. The company also offers event specific bonuses related to a fixture or match and all the current promotions are listed below:
Ladbrokes also offers promotions associated with other products such as casino, slots, bingo and poker. The Grid is a benefits package that links Ladbrokes betting offices to their online sportsbook. Cash Out is now common on the websites of traditional bookmakers and mirrors the laying of bets to ensure a profit or limit losses that is the feature of exchange betting. Customers can keep track of bets and make cash out decisions accordingly.
Paddy Power are now mainly an online operation but historically had betting offices in Ireland. It is now part of a group that has brought together two high profile names in the industry after a merger with Betfair, the market leaders in exchange betting. Paddy Power have received some negative Press in the UK for running adverts of questionable taste. Their commercials often get complaints to the regulators but the company view any publicity as positive. The Paddy Power website is one of the most successful in the industry featuring over 40 sports and casino games.
Paddy Power PayPal Betting
Paddy Power offers a limited number of payment options, focusing on the most reputable in business, including PayPal. Customers can make deposits and take out money using this method of payment. Banking is also allowed using debit and credit cards, bank transfer and several e-wallets of which the most widely used is PayPal. Payments can be made in Euro or British pounds and customers have access to a full banking and betting history.
Odds, Markets and Winnings
Odds on the Paddy Power site are displayed in decimal and fractional format. The minimum bet is £0.10 and the maximum is dependent on the sport and league. The most that can be won on one bet is £500,000 on soccer. Live betting and live streaming is available for an extensive range of sports and customers can place bets using desktop and mobile devices. Clients can contact the office by telephone, email and postal address. Live Chat is part of a service that is available from 8am to midnight GMT.
Paddy Power Welcome Offer
New signs ups who bet £10 will be given £30 in free bets. Just use your PayPal account to make the deposit and you will be awarded the free bets. Remember that for you to get the full benefits of the offer, you have to adhere to the terms and conditions. You must therefore read the terms thoroughly.
Sky Bet is part of the media company that also includes Sky Sports, a dedicated group of sports channels that shows live sports virtually around the clock. Sky Sports News is a 24 hour rolling sports news channel that often features betting odds in their coverage. Sky Bet is owned in partnership by CVC Capital Partners and Sky plc, a relationship that brings together expertise in bookmaking and broadcasting.
Sky Bet PayPal Betting
Sky Bet has one of the most limited selections of payment options of the leading UK based online bookmakers. The range includes PayPal, credit and debit cards and a small number of reputable e-wallets. Withdrawal options are limited to the most popular cards and bank transfers.
Deposits can be made using British pounds and Euro through your PayPal betting account. The focus on the UK market is reflected in the fact that there is only an English version of the website and it is not available in any other languages. It is one of the major PayPal betting sites that are almost exclusively meant for the UK market.
Sky Bet Odds, Markets and Winnings
The range of sports on offer is about average for the industry but includes all the mainstream British betting sports and politics and entertainment. Betting margins are relatively high for football and ice hockey and the overall betting margins are above average. The minimum bet is £0.05 and the maximum varies by sport. The most that can be won is £250,000 from one bet. Customer service is a 24/7 operation by email, telephone, address and Live Chat.
Sky Bet Welcome Bonus
The new customer offer gives a £20 free bet when new account holder’s stake £5 when they first place a bet. Use your PayPal sign up details, make your deposit as per the minimum requirement and you can get started. Just remember that you have to fulfill all the stated terms before withdrawing your winnings.
Betfred is a UK based independent bookmaker that was founded in 1967 and historically ran betting offices in the city of Manchester and the surrounding area. The company has grown to become a major player in off course betting in Britain. The Betfred profile rose in 2011 with the purchase of the Tote, the state run pool bookmakers. Betfred introduced some of the most innovative and lucrative pool bets into the market. Fred Done is the founder of the company and a huge Manchester United fan. He twice paid out early on the club to win the Premier League but he had to pay out twice because Arsenal and Manchester City overhauled United towards the end of both seasons. The company website is only available in English and Spanish.
Does Betfred Accept PayPal?
PayPal is one of a number of well-established payment methods for banking, including several prominent e-wallets. Deposits can be made using 17 currencies including various dollars, the euro and British pound.
Odds and Winnings
Odds formats are the usual options of fractional, decimal and US even though players based in America cannot use the website. Betting margins are quite low, especially for the football and the overall margins are slightly above average. The minimum bet is £0.01 and the maximum is dependent on the sport and league. The most that can be won in one day on soccer is £500,000. Customers can contact Betfred by telephone, email, postal address and Live Chat.
Betfred Welcome Bonus
Betfred have a high maximum deposit that is greater than most of the competition. New customers who bet £10 receive a £30 free bet within 2 full days of the initial bet being settled. It is a great way to get started at this online bookie.