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In terms of both convenience and security when it comes to online gambling there aren’t any better choices than PayPal. It allows you to quickly and easily fund and withdraw from your account and in the process you’re protected by the many security features PayPal has to offer.
Best PayPal Betting Sites: Top 9
The following is a list of the best sites for betting with PayPal:
Csgo Gambling Sites With Paypal
*Info accurate as of 03-02-2021 for the UK market.
PayPal Betting Sites Compared: Limits & Fees
| Bookmaker | Min | Deposit | Withdraw | Fees |
|---|---|---|---|---|
| Betvictor | £10 | Instant | 1-3 days | 0% |
| Coral | £5 | Instant | 24 hours | 0% |
| William Hill | £5 | Instant | 24 hours | 0% |
| Paddy Power | £10 | Instant | 1-4 hours | 0% |
| 888Sport | £20 | Instant | 2-5 days | 0% |
| Betfred | £10 | Instant | 24 hours | 0% |
| Ladbrokes | £10 | Instant | 6 hours | 0% |
| Unibet | £10 | Instant | 24 hours | 0% |
| Betfair | £5 | Instant | 24 hours | 2% |
| Boylesports | £10 | Instant | 1-5 days | 0% |
| Betdaq | £10 | Instant | 1-5 days | 2% |
How to Use PayPal: Deposits & Withdrawals
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 a withdrawal.
How To Deposit:
- To get started with making a deposit via PayPal, you’ll have to first set up and fund your PayPal account.
- Head to PayPal.com to open an account now.
- For greater convenience, you can verify the account with PayPal which lifts your £/$500 monthly limit (find instructions when logged in on the PayPal site.
- Now add money to your PayPal account by simply clicking the ‘Add Money’ button (when logged in). It will process the same way as any online payment.
- Next log into your chosen PayPal friendly bookmaker, select deposit and easily move funds from PayPal to your betting account.
- If you bet with PayPal all deposits process instantly.
How To Withdraw
- Log in to your betting account and hit the withdraw link.
- Select PayPal as your chosen method and enter the amount you wish to cash out.
- Confirm the transaction – most bookies process PayPal withdrawals instantly (one of the biggest perks of this option).
Security & Anonimity: Stay Safe With PayPal
If you’re using PayPal to process online financial transactions, then you are already in a pretty good place in terms of security. Here’s how PayPal keep you safe:
Protecting Card Information
It is always a good idea, especially for the more security-minded among us, to use a third-party payment processor for any online payment. This saves you from sharing your credit card or bank account details with a wide variety of sources, and instead means that you’re only providing the critical information to one party (in this case PayPal and not the betting site).
Esports Betting With PayPal » Where Can You Bet With PayPal?
SSL
PayPal does recognise how critical the safety of your information truly is, and have taken all industry-standard measure to make sure that your information is locked up securely (behind their Secure Sockets Layer), and that you don’t maintain any liability should the information be compromised. If you check your address bar you’ll see we employ the same security function here on Cheeky Punter.
Transaction Monitoring
PayPal takes their security extremely seriously, and tends to err on the side of caution when dealing with potentially fraudulent activity. Particularly if you travel internationally, or deal with a lot of cross-border transactions, you might be see your account flagged, locked, or frozen with some regularity. This is usually sorted out with a quick call to customer service. It’s better to be safe than sorry.
Anonymity
Finally one of the best things about using any of the Paypal betting sites listed in our table above is the anonymity they provide you. If you deposit with Paypal then your bank statement only shows money in and out of Paypal, not a gambling operator. This is more important than you think as whenever you apply for credit, even if you’re only spending £20 a week, it’ll still flag up on many banks reports.
Phishing Emails
Paypal have a policy of never asking for account information or passwords via email so you know as soon as something lands in your inbox trying to get your details it’s a scam. If you want to report phishing just forward any email to spoof@paypal.com. They’ll let you know straight away if it’s fraudulent or not. Be on high alert for emails from PayPal as impersonating the company is right at the top of the list for many scammers.
About PayPal
PayPal is a worldwide e-commerce institution, which allows you to make online money transfers quickly and securely between your PayPal account and the accounts of thousands of merchants and banks worldwide.
The company operates by storing money drawn from your checking account, and then allowing you to send the money via online transfer to the merchant of your choosing. Payments are processed quickly, and PayPal saves you the risk of providing your financial details directly to the merchant.
How Does PayPal Work?
PayPal For Online Betting
For any readers in North America, please note that PayPal will not process payments to any gambling sites for North American customers. The only way to deposit in a account from a North American PayPal account is by first transferring your money to a third-party, such as another e-wallet.
However, for users in the UK and Europe, PayPal offer a fast, safe, and convenient way to deposit and bet online as well as a quick and easy way to withdraw your winnings.
Company History
PayPal dates to the late 1990’s and early 2000’s. Although not originally an online payment system, it slowly merged into that as the need and desire for such as system become increasingly evident.
In particular, the popularity of online auction site Ebay.com propelled PayPal into the national spotlight. Although Ebay had its own payment system, the PayPal system was more flexible, as it allowed users to move their money around more freely. As such, PayPal become the online payment option of choice for a variety of websites, Ebay included.
In 2002 it was purchased by Ebay and has been used as the official payment option for all auctions on that site. However, it has also continued to operate as an independent business, and offers customers a convenient and secure method of processing payments online to a wide variety of merchants worldwide. As such, it is an ideal option for making deposits to, and withdrawals from, online bookmakers and since PayPal started to appear the method has grown quickly in popularity to the point where some punters will only use PayPal friendly sites.
FAQ
There are two places where you could potential incur fees making a deposit using PayPal; either from the betting site, or from PayPal itself.
Fortunately, the former have eliminated processing fees so no betting site will charge you anything for using PayPal.
On the other end, PayPal does charge a wide variety of fees for performing different types of transactions. The fees you incur depend on the type of transaction, the type of account you hold with them, the type of payment option utilised, among other factors.
Deposits are always processed instantly and withdrawals are often instant as well – some withdrawals can take up to 24 hours to process but it’s rare that they don’t go through straight away.
Some bookmakers will and some bookmakers won’t give you a deposit bonus if you make your first deposit using PayPal. There’s nothing stopping you using an alternative method for the first ever deposit and using PayPal for everything thereafter.
The only other two deposit options similar to PayPal are Neteller and Skrill. Both offer a similar e-wallet style service to PayPal but be careful as fee’s can be slightly higher.
We consider PayPal to be one of the safest deposit options available to online punters. They employ all the expected security protocols for online transactions and provide an account monitoring service to ensure you haven’t been hacked or scammed.
Esports betting sites that accept PayPal
Csgo Gambling Sites
Using CSGO betting sites with PayPal
Can you bet on CSGO matches using PayPal? Absolutely – the sites suggested in the table above both offer wide coverage of CSGO matches and accept PayPal, meaning that’s relatively easy to do your CSGO betting with PayPal.
View current CSGO odds here to get a better sense of what sportsbooks cover the CSGO matches that you’re interested in betting on.
CSGO gambling sites and PayPal
We do not endorse gambling at CSGO skin gambling sites – there’s just too much uncertainty following Valve’s crackdown and it’s not clear that the games at CSGO gambling sites are fair.
We suggest that you consider some safe alternatives to CSGO skin betting as opposed to using PayPal to fund your account at unregulated, unlicensed CSGO betting and gambling sites. While some of these CSGO gambling sites may accept PayPal, it’s difficult to have full confidence that your funds and your account will actually be safe when you’re gambling at CSGO PayPal betting sites that are based in skins as opposed to legal online sportsbooks.
How to deposit at esports betting sites using PayPal
PayPal accepts a variety of methods for deposits. Visa, Mastercard, Discover and American Express are credit card options. UK options include Switch, Solo and Delta debit cards.
Other jurisdictions offer local debit card options. Electronic funds transfer, often described as an eCheck, is available in most countries. In the U.S., credit and debit card transactions may not Dungeon fighter online. be used for gaming purposes.
There is one unique feature PayPal offers that most eWallets do not, especially those that accept U.S. residents. PayPal users may send money from one to another. The fee is 2.9 percent per transaction. The sender can place the fee on the receiver or pay it before the transfer.
How to withdraw from PayPal
PayPal offers several ways to withdraw.
Funds may be sent to another PayPal user. An electronic funds transfer may also be used. This option is free in all countries where it is available. A check may be requested. There is also a PayPal debit card that may be used at ATM machines and points of sale.
Advantages to using PayPal over other eWallets
There are several advantages to using PayPal over other eWallets.
It is the world’s oldest eWallet. This gives it experience newer ewallets do not have. Its security is unrivaled. PayPal has been known to catch fraud quickly and block suspicious accounts. While this can be annoying, it also prevents users from losing money to fraudsters.
PayPal offers more deposit options than most other ewallets. Its variety of credit and debit card options can be advantageous to players. Its uses that go well beyond gaming is also a plus.
Getting funds out of PayPal is fast and easy. The electronic funds transfer option is free and processed in just a couple of days. The debit card option has low fees and is instant.
Paypal and gambling – background
PayPal is an eWallet that processes payments for hundreds of thousands of merchants around the world. It is best known for its partnership with eBay as its preferred payment processor. PayPal is also used by a variety of transactions from small online marketers and businesses.
PayPal is accepted by many companies in the online gaming industry. It started out processing payments for online casinos and poker rooms in the early 2000’s. It got out of the business but returned to it in 2008.
That is when it started processing payments for a variety of UK sportsbooks that include Betfair and William Hill. PayPal since branched out to process payments for many licensed online gaming sites in Europe.
In 2015, PayPal started processing payments for regulated U.S. poker and casino sites. These markets are Nevada and New Jersey. PayPal is not yet available for gaming transactions in Delaware.
Csgo Skin Gambling Sites That Accept Paypal
Esports betting was the next business PayPal entered. This is where bettors make wagers on prestigious video gaming events throughout the world. Not all esports sites accept PayPal. It is only available at ones that are properly licensed in the jurisdiction where the depositor is located. This typically means a handful of countries in Western Europe.