PayPal is one of the most popular ways to deposit and withdraw at online betting sites. The easiest way to deposit to a bookmaker, casino or poker room by PayPal is through an existing balance. This can be received through a transfer from a friend or a sale over the internet at an auction site such as eBay.
There are several other ways to fund a PayPal account. An instant electronic check may be drawn directly from a bank account. Large transfers are available through bank wires. European bettors may also use a credit or debit card, including the PayPal Extras Mastercard. Players in the US may not use a credit or debit card to fund an account at a regulated poker or casino site.
Paypal betting sites & sports betting apps
Aug 10, 2020 As one of the largest online payment processors, PayPal is widely accepted by online bookies, and many sites even offer a free bet bonus for punters who make their initial deposit via PayPal. Moreover, as PayPal is a fully electronic payment storage option, making a deposit to a bookmaker which accepts PayPal is extremely easy – as is making. The majority of betting sites feature soccer (EPL, Champions League, Bundesliga, MLS, Italy Serie A, La Liga, Liga MX, and Ligue 1). You may even encounter local sports leagues for rugby and handball, and niche sports like the WNBA at online PayPal betting sites. See full list on legalsportsreport.com.
If you’re in New Jersey, Pennsylvania, Indiana or West Virginia and you want to use PayPal to bet on sports, you’re in luck. A number of online sports betting apps and sites use PayPal
PayPal betting FAQ
Can I use PayPal on betting sites?
It depends on where you are. PayPal only allows deposits to sites that are fully licensed in their resident jurisdictions.
So, residents and visitors to Nevada and New Jersey can use PayPal because those states allow PayPal as an option. Similarly, countries outside the US can elect to allow PayPal as a payment method for their online gaming sites.
However, in unlicensed areas, such as most of the states in the US, PayPal cannot be used on betting sites.
Can you buy Bitcoin with PayPal?
No. PayPal does not allow users to purchase Bitcoin or other cryptocurrencies at this time.
Are there fees associated with using PayPal at online betting sites?
Online betting sites do not charge a fee to deposit with PayPal. PayPal charges 2.9% to deposit using a credit card or debit card. There is no fee to use an existing PayPal balance or an electronic funds transfer from a bank account.
Can you deposit using PayPal if you don’t have a PayPal account?
Players must create an account with PayPal to use it as a deposit method. It is a quick and simple process that only takes a few minutes.
Can you use a family member or friends account to deposit via PayPal?
No. A PayPal account used to deposit at a betting site must belong to the account holder.
Why don’t I see PayPal as a withdrawal method?
PayPal will appear as a withdrawal option once a successful deposit using the method is made.
How do I withdraw from PayPal?
PayPal withdrawal options include electronic check and check by mail. PayPal has a debit card that may be used at any retailer that accepts credit cards. It can also be used to withdraw cash from an ATM.
Paypal Online Betting Sites
Are there any online casinos that accept PayPal?
Yes. Within in the US, some online casinos in Nevada and New Jersey accept PayPal.
Outside the US, several countries accept PayPal as a deposit and withdrawal method. Please check each casino website’s frequently asked questions for more specific details about banking methods at that site.
Is PayPal a safe way to deposit at betting sites?
Yes. PayPal is just as safe as using any other ewallet. It is safer than using a bank account directly as it provides an additional layer of security between the betting site and the player’s financial information.
What are the advantages and disadvantages of using PayPal?
PayPal offers instant deposits. Credit cards, debit cards, and electronic bank transfers are among the deposit options. Players can also use PayPal for traditional purchases and eBay sales, making it more useful than some of its competitors. PayPal balances can also be created by receiving a transfer from a friend or business. The main disadvantage of PayPal is that there are deposit fees associated with credit card deposits. Withdrawals can be slower than other ewallets.
What countries are allowed to use PayPal?
PayPal is available for betting sites in Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Portugal, Spain, Sweden, and the UK. Nevada and New Jersey players may use PayPal for online gaming deposits in the US. PayPal is also a deposit method for horse racing sites in the United States.
Why can’t US players deposit at a betting site using PayPal?
PayPal only permits gambling transactions in jurisdictions where it is licensed. That is why it is available in Europe. Countries license online betting sites. Nevada and New Jersey online gambling sites are also permitted to use PayPal as a payment option. The online sports betting sites available to players outside of Nevada are not licensed. They are located offshore. PayPal refuses to do business with those sites.
Didn’t PayPal once process payments for offshore sites?
Yes. PayPal was once the main ewallet for offshore gaming sites that accepted US players. This included poker, casino, and sports betting. No deposit bonus free spins. The company processed these payments from 2000 until November 2002. PayPal paid a $10 million fine to the US government for these transactions in a civil action.
Why do DraftKings and FanDuel accept PayPal?
DraftKings and FanDuel are daily fantasy sports sites. These businesses are considered to be skill gaming under most state laws. PayPal’s legal opinion is that processing payments for FanDuel and DraftKings are legal in all jurisdictions that it operates.
Can you use PayPal on bet365?
Yes. Many countries that host bet365 allow players to make deposits and withdrawals with PayPal
Can you use PayPal on 888?
Yes. When you are about to deposit you will be directed to a PayPal login page. Simply enter your email and PayPal password to access your account.
Does betway accept PayPal?
Yes. betway does permit PayPal as one of its banking methods. However, it may be necessary to open a PayPal account specific to the country in which one’s betway account resides.
History of PayPal in online betting
PayPal was the first major ewallet on the Internet. It allowed individuals the ability to send money to a company or another person. It became the most popular way to purchase an item on Ebay. It was also the top choice for online gambling sites that accepted Americans, although it was a trivial amount of PayPal’s total business.
Online gambling transactions accounted for about eight percent of PayPal’s entire processing business in 2002. PayPal had little business outside North America at the time. That has changed drastically and PayPal is now an international company that processes payments in over 100 countries.
eBay acquired PayPal in 2002. The company has since split and became two different companies in 2015.
eBay purchases PayPal
PayPal stopped processing online gambling payments almost immediately after the 2002 merger. This left the US online gaming market with a massive void. Firepay and Neteller quickly came to the rescue. Both of these companies ran into legal trouble in 2006 and 2007, respectively.
The combined company became the target of a federal investigation into its online gambling payment processing in 2002, even though PayPal was an independent company when the alleged transactions took place. The company agreed to pay a $10 million civil settlement to dispose of the case in US Court in the Eastern District of Missouri. The amount was estimated to equal the amount of profit PayPal made during the two years it processed online gambling payments.
PayPal returns to online betting
PayPal stayed out of the online betting business until 2009. That is when the company decided to start processing payments again for the online gaming industry. The difference is this time around, the sites PayPal did business within the sector were fully legal and licensed in the jurisdictions where PayPal processed payments. This generally meant that the United Kingdom was the only country where PayPal was available as a deposit and withdrawal option.
Betfair was the first online betting site to use PayPal in Europe. Maybe not coincidentally, Betfair never accepted US players for any of its offerings, even before the Unlawful Internet Gambling Enforcement Act went into effect in 2006. Before that time, virtually every online gambling site accepted US players.
Betfair is known as a betting exchange. It differs from a typical betting shop as it allows players to set buy and sell prices similar to a commodities or stock market. Betfair takes a percentage of the win. This gave PayPal a unique entry into a complicated industry.
It was not long before other UK sportsbooks got approved by PayPal to use it for payment processing. Bet365, Ladbrokes and William Hill were among the companies selected to expand PayPal’s European online gaming business. Other online gaming companies that accept PayPal include 888, bwin, PartyPoker and Paddy Power. PayPal continued to only permit its use for online gaming purposes in countries where the activity is specifically legal and licensed.
Bet365, Ladbrokes and William Hill are among the strongest online gaming brands in the world. Each specializes in sports betting with online poker rooms and casinos falling secondary to the main business. All three started out as live betting shops throughout the UK. Each started to move its business to the Internet in the mid-2000’s during the online gaming boom. Bet365 sold its bricks-and-mortar betting shops in 2005. Ladbrokes and William Hill continue to operate them, lending even more credibility to the online business.
PayPal continued to operate its eBay and person-to-person business in the US. This included payment processing for traditional online businesses. It also permitted some uses within the skill gaming sector. This includes Worldwinner, a skill-based site owned by GSN. Worldwinner also processed payments to less traditional skill gaming sites that include Gamesgrid’s backgammon games and duplicate card games like spades, bridge and poker. Duplicate cards deal all players the same cards and score based on the difference in points between the participants.
PayPal enters daily fantasy payment processing
The next big move in the US for PayPal was daily fantasy sports. The contests are believed to fall under skill game laws in as many as 45 states, although there is some debate about the exact number where it is legal. Nonetheless, PayPal processes deposits and withdrawals for all sites in all states where daily fantasy companies operate.
New Jersey, the next step for PayPal
The next step for PayPal in the online gambling industry came in 2015. That is when PayPal and Caesars Interactive Entertainment started processing online poker and casino payments for WSOP.com and Nevada and New Jersey, as well as 888, Harrah’s Casino and Caesars Casino.
PayPal continues to be the largest ewallet in the world. Its movement back into the online betting industry helped it compete with Neteller and Skrill in Europe. Becoming a processor for big names like Betfair, Bet365, Ladbrokes and William Hill helped give it brand awareness in other countries where it may not otherwise have received the attention from players.
One of the easiest methods to start betting on esports is by using PayPal. It’s easy to use, offering great security and perhaps even greater expediency of the transactions. With exceptional customer support and a proven business model, this payment solution should definitely be high top of your list of preferences. We will take a quick, but detailed looked through the esports betting sites that offer PayPal as a payment method and point out the distinct advantages of using it.
|Betting Site||Bonus info|
|1||Best odds, lowest margins. Pinnacle esports review.|
|2||Up to €30 in Free Bets|
Min deposit £10. 1x wagering at odds of 1.75 to unlock Free Bet
|3||Up to €100 in Bet Credits|
Min deposit €/£5. Bet Credits available for use upon settlement of bets to value of qualifying deposit.
|4||100% match up to €100 - use code TOP100|
T&Cs Apply. +18. GG.BET review.
|5||Up to €100 in Free Bets|
New customer offer. Place 5 x €/£10 or more bets to receive €/£20 in free bets.
|6||Bet €10 & Get €40 in Free Bets|
T&Cs Apply. +18.
|7||Money back up to €25|
New customers only. Min deposit of €1. Max bonus of €25.
|8||100% match up to €150 - use code TOP100|
T&Cs Apply. +18. Arcanebet review.
|9||100% match up to €105 - use code TOPMAX|
T&Cs Apply. +18. Buff.bet review.
|10||100% match up to €122|
T&Cs Apply. +18. 22Bet review.
Top 10 Esports Betting Sites That Accept Paypal in 2021
Here’s the list of the ten best esports betting sites where you can use PayPal to make deposits and withdrawals:
- Betway Esports
For example, we know that Betway are one of the few who do and offer esports wagers. As to the other options we have reviewed, they had PayPal facilities in the past, but that’s not entirely true as of today. Why is this so, though?
Well! PayPal is a company with an international footprint and in the past few years, there have been a lot of restrictions levied at gaming. However, this is changing up and PayPal is once again in the spotlight, albeit it now has to fight for market share against the alternative e-wallet solutions, which were not too timid and had been advancing in full.
PayPal Esports Betting
If you are looking for websites that will cover esports bets such as CS:GO, Dota 2 and League of Legends, you can pick some of the best ones out there, including Betfair, for example.
Other flagship bookmakers are now considering adding PayPal so that you can place a safe wager when choosing to bet on esports. Keep in mind, though, that even where PayPal is advertised and allowed, some restrictions may still apply depending on the country you are betting from.
Pros and Cons of using PayPal
Now that we have had a brief look at where we can place a wager, let’s consider the advantages and drawbacks of actually picking this method of wagering. For starters, we want to outline the positive sides:
- Extra security by not sharing financial information with the bookmaker
- Expedient transactions
- Reliable tech support
- Some welcome bonuses that apply for PayPal users
Looking at the reasons outlined here, you definitely won’t be wrong if you pick it as your way of settling financial transactions at a bookmaker. We know it’s our own preferred choice of paying at a casino.
And still, there are a few things to keep your eyes peeled for:
Uk Betting Sites Paypal
- You may need to pay some fees
- PayPal will not be available at every bookie you want to play at
Of course, the benefit of having an extra layer of security upon your account may take you a bit of time to research so that you can make a proper choice for yourself. But don’t worry, it’s a marathon, so remember to pick your bookmakers safely. A recommendation from us should suffice!
Is GG.Bet PayPal compatible?
GG.Bet is slowly becoming a renowned name in esports betting. Thus, it is important to have access to payment methods that are safe and fast. While CS:GO is the game preferred by most bettors, there are other esports titles available, like Dota2, Starcraft 2, League of Legends, and Overwatch.
Though GG.Bet PayPal payment option is a great pick, for both deposits and withdrawals, at this point, Paypal is not available at this bookmaker. If you are still interested to learn more about the site, you can find out all you need to know about this esports book in our GG.Bet review.
CS:GO Betting Sites with PayPal
CS:GO is one of the most popular esports games, thus there are matches and events all year round. All CS:GO Betting Sites with PayPal accept this payment option because it is fast and convenient. After you pick the esports betting site that fits your needs, you need to create an account and make the first deposit. This is when you can link your PayPal account to your favorite bookmaker.
One of the major plus of using PayPal with your CS:GO betting sites is the fast transactions. Unlike credit and debit card withdrawals that can take up to a week to process, with PayPal you can enjoy your winnings faster. PayPal esports betting is popular because it is also safe. This way, you can keep your betting budget in one place and your regular funds in another. Not to mention that if you are betting with PayPal, you are doing it responsibly, relying solely on those funds and not on your day-to-day money.
Alternatives to Esports Betting with PayPal
If the bookmaker you decided to use, or the betting site you are currently using does not include PayPal as a payment option, you do not need to worry. Indeed, betting with PayPal has numerous benefits, but it is not the only payment method that is safe to use. You can make deposits and withdrawals using your credit and debit card. The most popular brands available are MasterCard and Visa. Though they are not as fast as PayPal is, they are reliable and grant you access to the welcome bonus. Plus, there are other e-wallets available, that offer somehow similar options. These are Skrill and Neteller.
You can also check our recommended esports betting sites that accept Bitcoin or Paysafecard as payment methods.
Paypal Alternatives Pros and Cons
|PayPal||Safe transactions||Not available at all bookmakers|
|Paysafecard||Fast transactions||Usually not available for withdrawals|
|Bitcoin||Anonymity||Not so common at bookmakers|
Csgo Betting Sites Paypal
- Is PayPal available in the Philippines? Esports enthusiasts from the Philippines can use PayPal as a payment option. It is accepted by most banks and the fees are low.
- Is PayPal available on mobile devices? As most esports books either have mobile apps available or the site is mobile-friendly, it is important to have a payment option mobile friendly as well. Thus, you can download the PayPal app available on Android and iOS.
- Which are the international betting sites that accept PayPal? PayPal is a very popular payment option, thus accepted by many betting sites. In this article, we selected the best sites for esports betting.
Final Thoughts on Betting Sites that Take PayPal
PayPal is definitely a popular payment option in the online betting world. With almost instant deposits and fast withdrawals, you can easily make the best of your funds. However, before you choose the payment option that works best for you, it is important to find a reliable esports book. This is why we recommend checking our reviews to see which are the most popular and which offer the best welcome bonuses.