Best PayPal Betting Sites 2024: UK Bookmakers That Accept PayPal
When you’re betting online, you’ll see that the betting platforms in the UK offer a huge range of payment methods. With such a diversity of options, punters often feel lost on which one is best to deposit and withdraw funds. But one payment method stands out – PayPal.
PayPal is a game-changer and an absolute favourite among bettors. You know how sometimes you’re itching to place a bet, but the hassle of deposit methods turns you off? With PayPal, this is in the past. This payment method is incredibly convenient for both deposits and withdrawals.
We’ve personally tested various bookmakers using PayPal and listed the best betting sites.
Best Betting Sites in the UK That Accept PayPal 2024
We’ve rounded up the top betting sites that accept PayPal, and they’re one of the best PayPal sites. Sports fans will love online betting with PayPal with these online sports betting platforms’ great features and daily promos.
Plus, when you use PayPal to fund your account on these gambling sites, you can access some awesome sportsbook promo codes and welcome bonuses.
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What is PayPal?
You’ve probably heard about PayPal hundreds of times when placing bets online. But you’re not sure what exactly PayPal is. Well, we’re here to help you out.
PayPal is this super handy e-wallet that’s all about keeping your money transfers safe and sound. If you’re moving funds in and out of your betting account, then PayPal is your best friend.
It’s a big deal worldwide for online payments. Betters love it because it’s a breeze to deposit money. And even better, you get your winnings back in your PayPal account super fast. Usually, it takes up to 24 hours, which is great for those who want their money right away. It’s a real game-changer in the betting world.
Betting With PayPal – How To Get Started
Getting started with PayPal is no rocket science. If you are new PayPal user, setting up your PayPal account is made as easy as possible. If you want to create a PayPal account, all you need is an email and a few minutes.
Once you’ve set up a PayPal account, finding the right betting site with PayPal is key. Look for online sports betting sites with best odds and juicy bet offers – because who doesn’t love a good bonus, right? At Mr.Betting.co.uk, you can find the best PayPal betting sites on the market.
When it’s time to make your first deposit, just a few clicks, and you’re in the game. You’ll be placing bets before you know it.
💳 How To Deposit With PayPal?
Depositing money to a bookmaker with PayPal is a breeze. All you have to do is head over to the bookmaker’s digital cashier and select PayPal from the available options.
If you’ve already got a PayPal account, just punch in the email address you used to set it up and enter the amount you want to deposit. After that, hit “deposit”, and you’re on your way.
Remember, fees might be tacked on to the transaction, so ensure your PayPal account has enough to cover any extra costs. The bookmaker will let you know upfront if there are any fees on the deposit.
💰 Withdrawing Money With PayPal
Withdrawing funds from a bookmaker using PayPal is similar to how you’d do it with traditional banking methods. Most UK bookmakers have a rule: you’ve got to withdraw your money the same way you deposited it. So, if you plan to withdraw using PayPal, make sure your deposits were made through PayPal, too.
There’s usually a minimum withdrawal amount, often about £10, when taking out funds with PayPal. And yes, sometimes there are fees involved, but this depends on the bookmaker. You can usually find all this info in the cashier section of the bookmaker’s site.
Why You Should Choose PayPal?
PayPal is a big hit globally for online payments, and bettors are particularly fond of it. What’s not to love? Depositing cash is easy-peasy, and the best part? Your winnings zip back into your PayPal account quickly, usually within a day.
That’s perfect when you’re eager to get your hands on your cash. It’s definitely shaken things up in the betting scene. Here’s why bettor love it and you should too:
Widely Accepted
Many online betting platforms in the UK widely accept PayPal. This means you can easily find a betting site that allows you to use PayPal for your transactions.
Secure and Reliable
PayPal offers a secure and reliable way to transfer funds. With its advanced encryption technology, you can rest assured that your financial information is protected.
Fast Transaction Times
PayPal transactions are usually processed within 24 hours. This allows you to start betting or withdraw your winnings without delay.
Easy To Use
PayPal has a simple interface that works well for new and experienced bettors. Making deposits and withdrawals is now super easy with PayPal.
Pros & Cons Of Using PayPal For Betting
➕ Pros of Using PayPal
Thinking of switching to a quicker way to handle your betting funds? PayPal’s got some great perks. First, setting up an account online is free and only takes a few minutes. The verification? A piece of cake.
Once your account is good to go, you can get a PayPal debit card for quick cash access. You also have the option to link your PayPal to your regular Visa or Mastercard. This is a game-changer because it means you can transfer money to your bank way faster compared to using a regular bank debit card for withdrawals from your sportsbook.
You get to enjoy instant transactions. No waiting around – your money moves at lightning speed.
And guess what? Some sites roll out the red carpet for PayPal users with exclusive bonuses. It’s like getting a VIP pass to the betting world.
Plus, with PayPal’s mobile app, you can manage your betting funds on the go. Betting from your couch, the bus, or while in line at the coffee shop? Yes, please!
➖ Cons Of Using PayPal
Just like with debit card deposits, sportsbooks don’t slap any transaction fees on deposits or withdrawals. They’re always free. But keep in mind PayPal might add fees for moving money to and from your account. It’s the trade-off for quick and secure transactions.
Whether you’re getting a payout from a win or a refund from a missed pick in an accumulator bet, expect some charges from PayPal.
What MrBetting.co.uk Looks for in a PayPal Betting Site
In the UK, not every bookmaker that accepts PayPal is on the same level. At MrBetting, we only suggest the cream of the crop of UK betting sites that let you use PayPal for both deposits and withdrawals. We have strict criteria to separate the good from the great.
✅ Welcome Bonuses For Using PayPal
Now, about welcome offers and PayPal? While it’s rare, some UK betting sites let you use it for your first deposit.
If new UK customers want to take advantage of the welcome betting offers, they are usually encouraged to use a debit card for their initial deposit. But there are exceptions. A few sites do offer PayPal for qualifying bets, and these are the ones that we prioritize on our recommended list.
When you make your first deposit using PayPal, you can earn £30 in free bets. The free bets valid certain period of time, but a qualifying bet must be placed. Free bets are paid as bet credits. Most of the time, you must use the bet within 7 days.
✅ Promotions For Loyal Players
If you plan to stick with a PayPal bookmaker long-term, the ongoing offers, not just the welcome bonuses, should grab your attention.
Nearly all UK bookmakers have promotions for loyal players who’ve been betting for weeks, months, or even years. These deals, ranging from acca and free bets to odds boosts and money-back guarantees, are big draws for choosing a betting site.
But, like with welcome offers, using PayPal might complicate claiming these promotions. At MrBetting.co.uk, we don’t just look at the shiny welcome offers; we also scrutinize the ongoing offers and free bets.
Bookies that exclude PayPal from their existing player offers tend to fall in our rankings of the top PayPal betting sites.
✅ No PayPal Fees
Another big red flag for us is fees on PayPal transactions. In today’s world, there’s really no good reason for bookies that accept PayPal to tack on extra charges for deposits or, even worse, withdrawals. Sites that sneak in fees are, frankly, some of the worst. There’s nothing like unexpected withdrawal fees to change your opinion of a sportsbook. It’s a definite negative mark against them.
Best Alternatives To PayPal
There are plenty of alternatives to using PayPal for betting beyond debit cards and other traditional methods. E-wallets have become quite popular, and it’s common for punters to have accounts with several of them. Let’s take a look at some of the more popular betting payment methods and see how they compare to PayPal.
➡️ Netteller
Neteller has been in the game since 1999, starting in Canada. It quickly became a hit with online gambling companies, turning into the go-to e-wallet for many punters. But as more competition entered the betting market, Neteller’s popularity took a hit, mainly because it’s often excluded from welcome bonuses. View the best Neteller Betting Sites.
➡️ Paysafecard
After making a purchase, you will be issued a 16-digit PIN, which you can subsequently use to wager the funds on a betting website. You can deposit as little as £10 and as much as £100 into the card. Buying many cards and using them in conjunction will give you extra. The nicest part? There are no hidden fees. View the best Paysafecard betting sites.
➡️ Skrill
If your main concern is fees, Skrill might be the better choice as it tends to be less expensive than PayPal. However, finding UK sportsbooks that accept PayPal is easier than Skrill, which is often excluded from welcome bonuses. View the best Skrill Betting Sites.
➡️ Boku
Boku’s a bit different. It’s a phone carrier service that adds your deposit to your phone bill, so it’s usually limited to £30 per day. It’s not widely used in sportsbooks, and there’s a chance it could go the way of credit cards in gambling – potentially getting banned. You can check our list of Boku Betting Sites.
Final Words
So, there you have it – using PayPal for your betting is a no-brainer. It’s safe, fast, and convenient. Whether you’re a seasoned bettor or new to the game, PayPal’s got your back.
All the betting sites we recommend that allow PayPal are totally safe to use, and the best part is that they are not on GamStop. Tons of punters use PayPal daily to fund their betting accounts and pull out their winnings.
One big reason for PayPal’s popularity is how fast it is compared to bank cards, which can take 1-3 days for transactions. Sure, there’s a fee for moving money between your PayPal and bank account, but it’s usually not too hefty.
PayPal Sports Betting Sites FAQ’s
Can you use PayPal on betting websites?
Yes, you can use PayPal on many sports gambling websites, online casinos, live betting, poker rooms, and digital bingo halls across the UK. But, not every betting site accepts PayPal as a banking option.
What are PayPal alternatives?
If PayPal isn’t available, don’t worry — there are other eWallets that you might find as an alternative on these sports betting sites. Such alternatives are Skrill, Netteller, Boku, Paysafecard, Goodle and Apple Pay.
Is PayPal safe for betting?
Yes, PayPal is one of the safest options you can use for deposits and withdrawals at betting sites. This is because you’re using one of the world’s leading financial services as a buffer. PayPal offers top-notch fraud prevention, SSL encryption, and an extra layer of protection with a password-protected account with PayPal.
What Are PayPal betting sites?
PayPal betting sites are sportsbooks that accept PayPal as a payment method. However, it’s common for these sites to restrict Welcome Bonus eligibility if your initial deposit is made via PayPal. We listed some of the best gambling sites offering PyPal.
Can I use PayPal for both deposits and withdrawals on betting sites?
Yes, you can definitely use PayPal for both making a deposit into your betting account and withdrawing money from your account. PayPal deposits and withdrawals offer a smooth and convenient betting experience, making it a popular choice among bettors.
What is the minimum and maximum PayPal deposit and withdrawal at betting sites?
The minimum deposit and withdrawal amount with PayPal differs across various betting sites. For precise limits on a specific site for the min deposit and PayPal withdrawal, it’s best to check the online betting site help center, where they’ll provide all the necessary details.
