The Best PayPal Betting Sites – A Guide to Sports Betting with PayPal Betting

With the abundance of PayPal online sports betting sites, the competition for players is fierce. Each operator relies on a different strategy to allure new customers and keep the current player base satisfied. Some of them believe that an attractive welcome offer will be enough to draw in new customers, others depend on a bigger diversity of sports betting markets and more appealing odds.

Top PayPal Betting Sites

• 🥇 BetMGM ✪ Best PayPal Betting Site
• 🥈 Hard Rock Bet ✪ Fast PayPal Depositing
• 🥉 BetRivers ✪ Value PayPal Betting Bonus
• ⭐ bet365 ✪ Low PayPal Withdrawal Fees
• ⭐ Borgata ✪ New PayPal Withdrawal Sportsbook

Clearly, there are many perks of choosing to bet with a PayPal sportsbook. Funding your account or withdrawing your winnings is like a walk in the park, and there’s no other payment method that will proceed your transactions with such speed. In the table below, you can see our selection of the top PayPal betting sites, along with their biggest advantages.

In the following paragraphs, we will dig a little deeper at our recommended top PayPal sports betting sites. As we said, there were many factors that we have taken into account in order to make our selection, and we will sort them out by categories. Keep reading our review, and you will learn how to make the most of your PayPal betting.

Selection Criteria – Choosing the Best PayPal Betting Sites

Our criteria for selecting the top PayPal betting sites are very strict. All of our recommended sportsbooks are licensed, reliable and safe to play at. Most of you probably know that the pure existence of the PayPal logo among the accepted payment methods is a sign of legitimacy and transparency. On numerous occasions, the eWallet company has stated that it will only work with sports betting sites that have been fully authorised to offer online sports betting services to bettors.

But besides safety – which should always be your number one priority – there are many other factors that we had in mind when making our list of the top PayPal sportsbooks. We have evaluated the available welcome bonus offers and promotions, the diversity of betting markets, the attractiveness of the odds, the mobile compatibility of the platforms, and many other features.

In the end, the choice is up to you, and having some reliable and synthesised information about the top PayPal sportsbooks will surely make your decision easier. All our recommended best PayPal betting sites possess various advantages and have been very well optimised to provide first-class user experience. Stay with us to learn which are the best PayPal sports betting sites for different categories such as welcome bonuses, odds, betting markets, and more.

The Best PayPal Sports Betting Sites by Category

Even though there are millions of bettors, every player concentrates a little more on certain site features and betting categories. That’s why we will spare a few rows for each of the most significant categories and features of the top betting sites that accept PayPal. For your convenience, we have included a navigation menu below, so you can jump straight to the topic that most interests you.

Winning Limits at the Operators

Winning limits determine the most that a PayPal sportsbook will pay out on a given sports wager. Rather than setting a maximum bet, most online sports betting companies set certain maximum payouts. Normally, the more established an operator is, the higher the maximum payout is. Luckily, all of our suggested top PayPal betting sites have been in the industry long enough, so the winning limits are quite high.

PayPal Betting Sites with the Best Bonuses

Yes, online betting at the best PayPal sportsbooks has many, many advantages. Not only do gamblers have access to the most competitive odds and betting markets from the comfort of their homes, but they can also take advantage of top welcome bonuses and promotions. Attractive bonus offers are available at all of our selected online betting sites that take PayPal.

A good welcome bonus can give a mighty boost to your starting bankroll. It will give you more chances to land a win and will allow you to make larger bets. There are different variations of a welcome bonus, as some operators would match your first deposit with bonus funds, while others will reward you with bet offers. Either way, you should make the most of the promotions, and read the terms and conditions of the offer carefully.

PayPal Betting Sites with No Deposit Bonus

From time to time, online sportsbooks offer no deposit bonuses. These offers usually reward you with a no-sweat bet, despite the lack of a first deposit. Unfortunately, at the moment our selected top PayPal betting sites do not have such promotions.

Live Sports Betting and Streaming at the Top PayPal Online Sportsbooks

Live betting, aka in-play betting, is probably the most popular way to place online wagers on sports nowadays. Just like many of the best gambling sites that count on their live casino sections, the top online sportsbooks make millions of profits from live sports betting. The option to bet on live sports events surely adds another level of entertainment and excitement to watching sports games. It also allows bettors to make more accurate predictions because they watch the game and how the teams and players perform.

Best Live PayPal Betting Sites

Sportsbook	Bonus	Visit Site	Terms
BetRivers	2nd Chance Bet Offer	Bet Here!	T&Cs Apply. New customer offer. Always gamble responsibly. 21+ Make your first-time deposit with code SPORTS and place your first sports wager with real money. If your first wager loses, receive a 2nd Chance Bet, equal to your stake, up to a maximum of $500 ($100 max in NY). 2nd Chance Bet will be awarded within 24 Hours of your qualifying wager settling as a loss and expire 14 days after issuance.
Hard Rock Bet	Up to $100 Bet Match	Bet Here!	AZ, IN, IA, NJ, OH, TN, VA Only. 21+. T&C's apply. Gambling Problem? Call 1-800 GAMBLER.

On top of that, each of our selected betting sites that accept PayPal offers live streams on certain events, so you can watch them live on the betting platform. Very often, certain sports games are not available on TV, but they are free to watch at the top PayPal betting sites. This is a great way to keep gamblers online for longer periods of time, and with the hundreds of odds and markets in front of your eyes, it’s more likely to place additional bets.

How Does a PayPal Betting Site Work

From here on, our review will cover a whole series of different information topics, which will guide you step by step in understanding the operating mechanisms of a PayPal betting site. We will cover the main features, actions and characteristics of the most popular eWallet in the world, so stay with us in case you have never used PayPal before.

Any product that needs an instruction manual is a finished product!

Elon Musk, Co-Founder of PayPal

See Top PayPal Sportsbooks

As the business magnate, philanthropist and engineer Elon Musk has claimed, the simpler a product is, the bigger usage and popularity it has. That’s one of the many reasons why PayPal is the most preferred e-wallet in the world. Making PayPal transactions is like shooting a fish in a barrel, and in the following paragraphs, we will talk about the basics of having a PayPal account and using it for online betting.

How to Open an Account

This is an incredibly simple and fully optimized process. All you have to do is load up the PayPal homepage and proceed with the sign-up process. The first thing you want to do is come up with a strong password so your account and funds are safe. Here are some tips and good practices for a safe and secure password:

A Safe Password Should:

• Make Your Password Long and a Nonsense Phrase
• Include Numbers, Symbols, Uppercase and Lowercase Letters
• Avoid Using Obvious Personal Information
• Do Not Use the Same Password for Multiple Platforms

Opening an account with PayPal will only take a few minutes. Bear in mind that you will be required to confirm your email and phone number, so make sure you have access to both of them. Have a look at our visual guide below, outlining the three stages of the process of opening a PayPal account.

As you can see, the process of opening a PayPal account is as straightforward as it can be. There are certain verification checks that can be annoying but trust us – the more, the better. After all, this is an online wallet with your real money, so top notch security is essential. If you’re keen to experience the many benefits of playing at an online PayPal betting site, but don’t have an account yet, visit the official PayPal page and sign up.

PayPal One Touch

For those of you who still haven’t used PayPal One Touch, we will give a brief explanation. It allows you to skip logging in with your email and password, while still keeping your financial information secure. This way, you can deposit funds into your PayPal betting site account with ease in a matter of seconds.

The option can be turned on and off at any time from the Settings menu of your phone, tablet or any other device where you have downloaded the PayPal app. Clearly, you should only activate One Touch on your personal device or computer, and not on a public one, to avoid misuse of your PayPal account.

How to Open an Account at a Betting Site

Similarly to making a registration at PayPal, the process of opening an account with any online sports betting site is quite straightforward. After you’ve selected a new betting website, you click on the registration button and follow the instructions. Filling up your personal details, address, phone number, email and more is a standard procedure.

You will be asked to verify your identity by providing an ID card, driving license or a utility bill. After you successfully pass the verification process, you can add your preferred payment method, make a deposit and start betting on sports.

How to Deposit

Making a deposit via PayPal is very simple. After you’ve opened your selected PayPal betting site, log in and go to the deposit menu. Click on PayPal to select it as an option. Enter the amount and confirm the deposit. You will be transferred to a page where you will need to enter your PayPal account details. As soon as you authorize the payment via the PayPal page or app, the requested amount will be in your sports betting account.

How to Withdraw at a PayPal Betting Site

Withdrawing winnings through PayPal is possibly the quickest way to get funds out of your betting wallet. After you log in at your selected PayPal sports betting site, go to the withdrawal menu, choose PayPal and enter the amount. The funds will be verified by the sportsbook and then transferred to your PayPal account. You can either hold funds in your eWallet or withdraw to your bank or card.

Not only are withdrawal transactions with PayPal safe and secure, but they are probably the fastest among all payment options. eWallets are certainly ahead in terms of speed, but the most popular internet wallet in the world surely wins the race. Depending on the PayPal sportsbook, the sum that you cashed out will be available in your PayPal account in a matter of hours. In some cases, there might be small delays due to account verifications.

Fees and Limits

Most commonly, PayPal betting sites do not apply fees to deposits and withdrawals with the eWallet. Very rarely, there might be some small fees on your withdrawals. PayPal charges a fee to businesses to use their payment platform. Most online gambling platforms absorb these charges, however, there are some that will pass them on to the players. That’s why you should always get familiar with the terms and conditions of a gambling site, whether it is a sports betting platform or an online casino.

As for the minimum and maximum sum that you can deposit and withdraw at a PayPal betting site, it depends entirely on the set banking limits by the gaming operator. Most of the betting sites that accept PayPal set very low limits, which is great for newcomers who aren’t ready to jump into the deep from the very beginning. Below you can see some additional information about the fees that may apply to PayPal transactions, and we advise you to visit the dedicated page of the eWallet for complete clarity.

How Secure is Online Betting with PayPal?

While PayPal’s ease of use and simplicity has helped it become so successful, it wouldn’t have achieved it without being a secure and safe system. Security is probably the biggest aspect that has drawn millions to become regular users of the payment system. The very process of paying via this payment method gives users peace of mind.

When betting with PayPal, you’ll never have to share any financial information with the operator. You can simply enter your login details to confirm the transaction. The beauty is that this process is both simple and safe, but there are a few things to pay attention to.

Firstly, you should always ensure that the website you are on is protected. You’ll know whether the protection is active through the address of the website. Look out for HTTPS at the start of the address bar, which signals that data is being encrypted. Some of the sportsbooks encrypt all data on the site, while with others encryption protection kicks in when personal data is being sent or received, such as when making a deposit or withdrawal or when making bets.

It’s also obviously a good idea to keep your password safe. Make sure that you are on an encrypted site whenever entering your log-in details, and be sure not to share your password with anyone. There is, of course, a lot more relevant information when it comes to security, especially around keeping your details and information safe from phishing attempts.

Does PayPal Buyer Protection Formula Apply to Sports Betting?

PayPal’s buyer protection policy is clearly explained on the website of the company. Notable, there are a number of exceptions, including sports betting, in which this protection is not guaranteed. If this wasn’t mentioned, various online sportsbooks would not be able to offer cyber wallets as a payment option due to a very sensible reason.

Each bet involves the possibility of losing money. In case the bettor is not satisfied with the results at the PayPal betting site, paradoxically, he could appeal to Buyer Protection to get his money back. Understandably, an operator must protect themselves from such an event, which in fact would negate the very logic of the concept of betting.

Spam and Phishing

The PayPal reputation of being the safest online payment system in the network does not mean that your account cannot be targeted for spam and phishing emails. For those of you who aren’t familiar with the term phishing, this is a fraudulent attempt to obtain sensitive information or data by disguising oneself as s trustworthy entity in an electronic communication.

Keep in mind that receiving a fake email doesn’t mean your account has been compromised. If you think an email is fake, don’t open it, don’t reply, don’t click on any links, nor open any attachments. If you have any hesitations and worries about the authenticity of an email, make sure to report it to the PayPal customer support straight away.

Pros and Cons of Playing at PayPal Sportsbooks

Like with most things in life, there are both pros and cons to using PayPal. While it offers an excellent level of buyer and seller protection, PayPal is not a bank and, therefore, not subject to the same requirements when it comes to compensation or protecting its customers. In the next lines, we will thoroughly examine the biggest pros and cons of using PayPal at sports betting sites.

Advantages of Using PayPal

PayPal is one of the most successful, profitable and popular companies in the world. This can only happen when you make a user-friendly and secure product. Anyone who wants to make deposits via the e-wallet on online betting sites benefits from undoubted advantages, which we will list below.

Easy to Use and Fast Transactions

PayPal is extremely easy to use. The process of setting up an account is very simple, and after that, you can make real money transactions with ease. Signing up for PayPal is completely free, and you can reach the eWallet platform on any device. There’s also a free and safe application that you can use on your phones and tablets.

Depositing with the e-wallet is much simpler and quicker than using a debit card. Normally, when you deposit at a betting site that accepts PayPal, the money will be available in your gaming account instantly. As for the withdrawals, PayPal provides the fastest services not only among e-wallets, but all payment methods.

Trustworthiness and Reliability

The PayPal company has been around for many years now, and keeps attracting millions of new users annually. This shows that PayPal has turned into a symbol for reliability. Considering there are several billions of monetary transactions per year, the number of occurred errors and missteps is truly insignificant. Regardless of if you want to use betting sites that support PayPal, online purchases or other reasons, you know that the brand is trustworthy, and you can expect only fast first-class services.

Proven Security and Buyer Protection

Keeping your financial information secure is absolutely essential when you make online real money transactions. The protection of sensitive data through the peculiarities of the money transfer system and encrypted connections are a guarantee of money protection. Your personal data and money are completely secure, and you do not share your financial information with anyone.

On top of that, PayPal monitor all transactions 24/7. The site encryption keeps your online transactions guarded from start to finish. The company also provides a wide range of buyer protection options and prevents scams of any kind. There is also the benefit of anonymity as your online betting transactions will not appear on your bank statement.

Disadvantages of Using PayPal

We managed to sum up the many advantages of PayPal in just three sections, and in order to be completely objective, now we will turn our attention to some of the drawbacks. When we talk about online sports betting, it is important for us to point out that not all sportsbooks accept PayPal. On top of that, it is very common to see PayPal excluded from the list of qualifying methods for a bonus. See the rest of the cons of using PayPal below.

Political Controversies

Over the years, some choices made by PayPal have caused a lot of discussions . This is the case of some forced closures of accounts of users such as Richard Kyanka (owner of website Something Awful), the Cryptome foundation, April Winchell (owner of Regretsy), Marcus Persson (developer of Minecraft) and more.

Some entrepreneurs who have used PayPal to collect the funds they raised have also reported difficulties in being able to withdraw the money. Most notable victims are GlassUp, OUYA and Mailpile. By the end of 2016, ConsumerAffairs had received over 1,200 consumer complaints relating to PayPal policies.

Unjustified Account Lockouts

Many customers have reported blockages or limitations placed on their accounts, which have restricted the ability to send or withdraw funds. These often occur with a freeze placed on accounts, which will temporarily freeze all the funds in any account while an investigation is carried out. This can be a serious issue if you have a lot of money in your account that is suddenly frozen.

While these are, of course, part of the company’s policy and designed to protect customers and their money, there have been many occasions where accounts have been locked seemingly with little to no reason and for a fairly long duration of time. After the blocking takes place, the unblocking procedure requires a lot of time, clarifications and many documents.

Control by Authorities

PayPal’s operations in the USA are subject to a complex web of federal and state regulation, and it must comply with numerous laws related to financial services, consumer protection, and other areas.

Possible Fees

Even though PayPal betting sites do not charge any fees for transactions (in almost all cases), there might be some applied fees to other kinds of transactions via the eWallet. The fee structure, in most cases, is quite confusing and dependent on where the money was transferred to.

Alternative Payment Methods

Of course, there are alternatives to using PayPal. Many other leading eWallets even have lower fees. Our top recommendation is Skrill. There are many benefits to using Skrill compared to other eWallets. Both sending and receiving money with Skrill is totally free. Sending payments to another Skrill account does come with fees, but it is just 1% of the amount sent, and the charge is capped at $10.

The only downsides are that in some cases, transferring funds into your Skrill wallet may be subject to fees, as are withdrawals to a bank account. These are very low, however, with most methods that are subject to charges being around 1%. Another very popular and reliable eWallet is Apple Pay.

As for those of you who don’t want to use an e-wallet for your online betting transactions, we strongly recommend the usage of PayNearMe. It is very easy to use and is completely anonymous. The biggest drawback is that you cannot use it for withdrawals, which truthfully, is a deal-breaker for many players.

Company Information

Founded in 1998, PayPal has been one of the most successful companies to come out of the internet boom period of the late 20th Century. It was initially established as Confinity, a software company that developed security software for mobile devices. The company initially existed as a money transfer service at Confinity, launched in 1999.

Shortly after, in 2000, Confinity merged with an online banking company called X.com. The new entity decided to focus on the money transfer aspect and renamed itself PayPal in 2001, expanding rapidly and becoming public in 2002. In 2005, the firm acquired Verisign, providing more security support to its product. Not long after, it started a partnership with MasterCard in 2007 and later launched the PayPal Secure Card service in cooperation with the credit card company. This enabled users to pay online, even where the service was not accepted.

Information about PayPal:

Company Name:	PayPal Holdings Inc.
Business Sector:	Financial Services
Headquarters:	San Jose, California
Website:	www.paypal.com
Regulation:	CCSF Luxemburg
Share Price:	Nasdaq
Founded:	December 1998
CEO:	Dan Schulman
Founders:	Max Levchin, Peter Thiel, Luke Nosek, Ken Howery, Yu Pan, Elon Musk

Supported Currencies:	Payments: 100+; Withdrawals: 56; Account: 25
Active Accounts:	346m
Customers:	50m
Customer Service:	0800 358 7911
Mobile App:	Free
Customer Fees:	Free
Seller Fees:	3.4% + 20p
Number of PayPal Betting Sites:	21
Best PayPal Betting Site:	BetMGM

Headquarters in San Jose, California

Official Twitter Feed

Tweets from paypal

Key to its success was its acquisition by eBay for $1.5bn in July 2002, shortly after going public. By then, it was already the most popular payment option utilized on eBay, and its use skyrocketed afterwards. It returned to being an independent company in 2015. Regulation has always been an interesting area for the company, since its services are primarily electronic money transfer and not those of a bank.

Since splitting from eBay in 2015, the company has continued to go from strength to strength. Though there were some initial mixed reports on revenues immediately after the split, PayPal have since continued moving forward, acquiring numerous companies and start-ups to add to its roster and to help improve its overall service. Currently, there are more than 346 million active PayPal users worldwide, representing a 21% year-to-year growth.

The Arrival of PayPal into Online Betting

As we already mentioned, PayPal was established in 1998 and had its initial public offering in 2002. The first version of the PayPal electronic payments system was launched in 1999. From the very beginning PayPal conquered the online sports betting market and became the most preferable way of banking.

In 2003 however, PayPal ceased serving as a payment intermediary between gambling websites and their online customers despite being the largest payment processor for online gaming transactions. In 2010, the company resumed accepting such transactions but only in countries where online sports betting is absolutely legal, regulated and safe, and only to websites that have been fully licensed and authorized.

FAQs about PayPal Betting

As we are nearing the end of our thorough review of the best PayPal sports betting sites, it is time for us to address some of the most popular questions about PayPal sportsbooks . We hope our article has been informative and useful and will help guide you in the right direction for your upcoming online betting endeavours.

🏆 What are the best PayPal betting sites?

Our team of industry experts has selected the best PayPal betting sites where you can enjoy a regulated gaming environment filled with top notch betting services. Each of our recommendations will grant you with a plethora of betting markets, competitive odds, mobile applications, alluring welcome bonuses and rewarding regular promotions.

↔️ What is the best PayPal alternative?

There are many alternatives to PayPal, but if we have to choose only one, we would go with Skrill. It is another e-wallet that has many advantages similar to those with PayPal. All of the top PayPal betting sites also accept other banking options such as Visa, MasterCard, Paysafecard and more. Base your choice on convenience and preferences.

🙋 Which betting sites accept PayPal?

Even though PayPal is the most popular banking method for sports betting transactions worldwide, there are still many betting sites that don’t accept PayPal payments. The reasons for this vary, but most notably, PayPal counts on safety and does not work with gaming websites that haven’t been fully licensed and are authorized to provide online betting services. So only use the ones listed on this page.

❓ Are there any fees applied by PayPal sportsbooks?

More often than not, there are no fees applied by PayPal sportsbooks. The company charges a fee to businesses to use their payment platform, and most of the PayPal betting sites absorb these charges. On some rare occasions, operators will pass such fees on to the players.

🔒 Is PayPal a safe payment method to deposit at betting sites?

Yes, PayPal is an absolutely safe and secure payment method to make a deposit at betting sites. The company uses multiple security systems, encryptions and firewalls to make sure all your sensitive data is protected from third parties. The PayPal logo has turned into a sign of security and trustworthiness.

🎁 Can I claim a welcome bonus depositing with PayPal?

This depends on the betting site you’re playing at. Every online sportsbook sets certain terms and conditions to their offered welcome bonuses and promotions, and in some cases PayPal may be excluded from the list of qualifying methods. That’s why it is vital to always get familiar with the terms and requirements of a bonus.

😨 I cannot withdraw my winnings using PayPal, why?

To withdraw money from PayPal to a bank account, you will need to have your card or bank details set up. In case you have any troubles with your PayPal account, the best thing to do is to contact the customer support right away. PayPal monitors millions of transactions daily, so some errors or delays might occur.

Final Words

As final remarks, we can say that the top PayPal betting sites that we decided to include in our PayPal betting review will satisfy all your betting needs. These sports betting sites with PayPal are 100% safe and secure to play at and provide plenty of exciting betting markets with competitive odds. We would love to hear your feedback about the article, so please rate us in the rating banner below. We appreciate it.

You can enjoy welcome bonuses, regular promotions, mobile gaming, in-play betting, superb customer support services and many more gaming features at our selected top PayPal betting websites. Being able to make the fastest possible transactions with the most famous e-wallet in the world is another huge advantage of playing at our recommended online sportsbooks. Enjoy online betting to the fullest, and always remember to play responsibly!