[Yesterday 2:04 PM] Alessandro Guiotto


Review Summary:

PayPal is the oldest and most reliable e-wallet in the world. No doubt, it is also the most popular one in use to date. Whether you want to use t for online shopping or online betting, most places accept this payment method now. Not only is it quick and easy, but it's one of the most secure methods on the market.

  • Accepted by most bookmakers
  • Safe and secure method
  • Offers instant transactions
  • Can incur fees
  • Can be easily traced

Betting With PayPal

Betting sites that acceptPayPal

Bookmaker Rating Bonus Min Deposit Min Withdrawal Withdrawal Time Fee
£10 Backup Bet £10 £10 1 n/d Claim Bonus T&C Apply

If you open an account with Sportingbet, you’ll be awarded a FreeBet as a welcome bonus if your first sport bet loses.

£10 Money Back Bet as a free bet £10 £10 1 n/d Claim Bonus T&C Apply

When you decide to sign-up with Bwin, you’ll be awarded a welcome bonus of £10 money back as a free bet if your first sports bet loses.

£40 Money Back Bonus £10 £10 1 n/d Claim Bonus T&C Apply

When you decide to sign-up with Unibet, you’ll be awarded a welcome bonus of money back as a bonus if your first sport bet loses.

€50 sports bonus £10 £10 1 n/d Claim Bonus T&C Apply

To redeem the welcome offer, simply register and top up your betting account; after this, click on ‘Redeem Bonus’ under ‘My Account’; then enter the bonus code ‘FIRST’ and then they’ll credit 50% of the paid amount into your betting account.

Up to £20 in free bets £5 £5 1 n/d Claim Bonus T&C Apply

In order to take advantage of this offer you simply need to register as a new player. You are then done with your first Ladbrokes login. Then, make a deposit of at least £5 and the free matched bet is yours.

Bet £10, get £30 in free bets £10 £5 1 n/d Claim Bonus T&C Apply

Promo code SPORTS40a. 1st sports bet of £10+ at Odds of 2.00+. £30 free bet paid in 48 hours of settlement, valid for 7 days. Full T&Cs apply.

Get Your Betsafe Bonus! £10 £20 1 n/d Claim Bonus T&C Apply

Betsafe doesn't offer a sportbetting based bonus, but it does offer a casino bonus when you sign up so you can try something different. This comes with T&Cs attached.

Top competitive odds £10 £10 1 n/d Claim Bonus T&C Apply

Join Betsson to get some of the most competitive odds in top sports. T&Cs apply.

Get an extra 50% up to £50 £10 £10 1 n/d Claim Bonus T&C Apply

Min. deposit £10. Only debit or credit card. You must enter the code MB50. Deposit & bonus amount must be wagered 6 times (min. odds 4/5).

Bet £10, get £30 in free bets £10 £10 1 n/d Claim Bonus T&C Apply

To claim your bonus, simply register, log in then deposit £10; place a bet of £10 or more at odds of 1/2 or higher then get your £30 free bets.

3 free £10 bets when you place bet of £10 or more £5 £5 1 n/d Claim Bonus T&C Apply

The William Hill welcome bonus will give you 3 free £10 bets when you place your first bet of £10 or more on odds of ½ or more, which is one of the better sportsbook welcome bonuses around

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Bonus £10 Backup Bet £10 Money Back Bet as a free bet £40 Money Back Bonus €50 sports bonus Up to £20 in free bets Bet £10, get £30 in free bets Get Your Betsafe Bonus! Top competitive odds Get an extra 50% up to £50 Bet £10, get £30 in free bets 3 free £10 bets when you place bet of £10 or more
Min Deposit £10 £10 £10 £10 £5 £10 £10 £10 £10 £10 £5
Min Withdrawal £10 £10 £10 £10 £5 £5 £20 £10 £10 £10 £5
Withdrawal Time 1 1 1 1 1 1 1 1 1 1 1
Fee n/d n/d n/d n/d n/d n/d n/d n/d n/d n/d n/d
T&C Apply T&C Apply T&C Apply T&C Apply T&C Apply T&C Apply T&C Apply T&C Apply T&C Apply T&C Apply T&C Apply

Betting with PayPal is becoming ever more popular. PayPal is the oldest and most reliable e-wallet in the world. No doubt, it is also the most popular one in use to date. However, the company wasn’t known by its current name when it was just a fledgeling little enterprise.


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.

PayPal Bookies: Best Sites That Make Use of PayPal

The following is a list of 10 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 high betting limits then Ladbrokes is your choice. On top of that, you can take advantage of their numerous promotions that are offered to players on a regular basis. Ladbrokes always 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.
  • Betsafe – Betsafe is brilliant if you like to bet on the horses. It’s a cool and stylish betting site that offers a modern and exciting betting experience, with safe and quick banking options, including PayPal.
  • 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.
  • Betsson – Betsson is one of the most well-trusted and respected bookmakers in the industry. Not only is the service top class, but the banking, deposits and withdrawals are quick, safe and secure.
  • Betfred – Is a great site for lovers of football, as it has lots of top promotions and great odds available. The customer service and banking is superb and the overall experience is impressive.
  • 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.
  • Bet-at-Home – This is a great site if you’re looking to bet on a range of sports, as it offers a great variety. It’s also very good for in-play betting, so if you have some last minute bets to put on, Bet-at-Home is perfect.

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 promotional offers 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.

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.

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.

Linking Your Bank Account

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

Security is one of the features that make betting with PayPal an industry leader. 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.

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:


  • 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.


  • 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.