Paypal is one of the biggest online payment services, and players from Europe are allowed to use Paypal to deposit online sportsbooks. Paypal services are offered in as many as 18 different currencies and countries.
Paypal also offers support in many languages, making it a great sportsbook deposit option to use at online betting sites.
Best Paypal Betting Sites
Paypal deposits are accepted only at sports betting sites and betting apps licensed and regulated in the UK, EU, and the USA.
Using a Paypal account to bet on online sportsbooks is extremely simple. Choose a sportsbook that accepts funds transfers through Paypal, create a real money betting account, and use the form provided by the cashier.
Once this is done, enter the amount you wish to deposit, and Paypal credits your sportsbook account instantly. Betting accounts are updated in real-time and, basically, work the same way as using your credit card online.
Using PayPal To Make A Betting Deposit
Some betting Web sites allow PayPal as a way for players to deposit funds into their accounts. It is important to have already a PayPal account created and funded to deposit betting sites. PayPal offers three types of accounts for users to pick from. Select one, verify it and fund it. Afterward, use the funds to deposit into your favorite betting website, ensuring the amount to deposit is entered into the appropriate field.
Where To Get PayPal For Betting
To get a PayPal account for betting, online players would go to the PayPal site on the Internet and sign up. The steps would involve: Enter this web address into your browser’s URL bar: https://www.paypal.com. Press the enter key. At the top of the loaded page, click on the link that reads: Sign Up.
As seen in the screenshot below, the next page will require you to select which country you currently reside in. There are many countries to choose from. Please select only one.
Select one of the three accounts to open a PayPal account: Personal, Premier, or Business by clicking on the ‘Get Started’ button. Finish the process for opening an account, and after you fund it with your bank account, you will be ready to deposit your funds into a betting site of your choice.
Deposit At PayPal Accepted Betting Sites
Above, you were shown where and how to get a PayPal account for betting. The next step would include going to your favorite betting provider and follow their procedures for depositing funds from PayPal into your betting account.
Paypal Sportsbook Withdrawing
When it’s time to withdraw your winnings, most sportsbooks will credit your cashout directly back to your PayPal account. Punters can also collect payouts using any other option at the sports gambling sites as well. After withdrawing money won betting online back to Paypal, you can then turn your Paypal balance into cash by withdrawing your credit/debit card or bank account.
Paypal Secures All Transactions
Paypal punters are not required to give out personal information, like credit card or bank account details. Paypal sportsbook deposits are made using only a valid Paypal email address when wagering on all the sporting events. Furthermore, there is an in-built tracking system with Paypal that displays all the transactions made from the Paypal account and all the deposits made. The players can also check the history from a certain time period. Some of the popular sportsbooks that accept deposits through Paypal are betfair.com, partybets.com, and 888sport.com.
Mike Murphy founded BettingWebsites.com to help educate bettors navigate the legal online sports betting market in all countries. Mike has been an expert in the gambling industry since 2008.