With over two decades worth of eCommerce experience to its name, PayPal has long been one of the most popular methods of making online payments, if not THE most popular. Its speed and convenience has helped to attract a huge number of users, with the number of PayPal betting sites having increased as a result.
Sites that qualify as PayPal betting sites because they allow online betting with PayPal for withdrawals and deposits literally litter the internet. With so many sites available, selecting the best one for your needs can become something of a minefield.
If you are looking for a betting site offering both deposits and withdrawals via PayPal, be sure to check out the list below. We’ve taken it upon ourselves to take a magnifying glass to the leading UK PayPal betting sites and evaluate them for safety, convenience, functionality and support. We hope that you find our findings are better than a tip on a ‘dead-cert’ horse that turns out to have three legs!
Here’s a snapshot overview of the top 10 PayPal online bookmakers of 2021.
If the potential of £40 worth of free bets upon signing up is not appealing enough, punters at STS can also look forward to taking advantage of features including an extended list of markets, cash out, enhanced specials and virtual betting. The STS sports book is fully optimised on all mobile devices and for both iOS and Android. The site also offers regular deals such as bonus acca insurance, and bonus spins at the site’s attached online casino.
TonyBet is a relatively young betting site that is quickly gearing up to compete with some of the more established online bookmakers. Featuring over 25 different sports and thousands of markets, the platform is well equipped to handle your favourites. In addition, it features several eSports and online casino games.
Expand your initial bankroll with TonyBet by getting a 100% match bonus of up to £50. Use PayPal or any other supported payment methods to activate this one-time welcome bonus and be sure to read the full T&Cs that come with this offer.
If you follow the EPL, then you will instantly recognise the entry of MansionBet into our list of the top 10 UK sports that accept online betting with PayPal. In their time, MansionBet have been sponsors of Tottenham Hotspur, Newcastle United, Crystal Palace and AFC Bournemouth. Punters can also look forward to taking advantage of promotions including acca boosts, horse racing best odds guaranteed and early payout offers. MansionBet also offers a mobile betting app, with all platforms being easy to use and efficient.
Another bookie with an excellent history and reputation is 888sport, a site that regularly delivers market leading odds. With £30 worth of free bets being up for grabs for new customers, punters can look forward to betting on a large number of sporting events, whether it be pre-match or in-play. Here, PayPal is just one of a number of available payment methods. You’ll find all the most popular betting markets covered plus if you drill right down, you may find sports you’ve never even heard of.
Grosvenor Sport is now one of the leading betting sites that use PayPal in Europe, with features such as Million Pound Picks and Acca Boosts. Lost a bet because VAR ruled out a goal? Don’t worry – Grosvenor may still pay out!
At the time of writing Grosvenor Sport have quite a unique new customer offer. For your first bet at the site, you get double the odds on any horse you want to bet on. If the horse wins or places (if an each-way bet) then you receive back your winnings (max £10 on ‘additional’ winnings) as cash!
Karamba Sports are one of the most recent additions to our top 10 online betting with PayPal sports book list, and they are one of the most recent additions to the sports betting realm too. That’s not to say they should be ignored as the Karamba Casino has been around since 2005. Karamba had a fairly typical welcome bonus deal in that if you bet £20 at the site, you get £10 as a free bet, but there’s an added benefit – you also get free entry into the ‘Karamba Battle’ contest. This is a daily sports betting contest where sports betting experts compete with one another to claim the highest spots on the leaderboard and the top prizes.
Here, customers can enjoy daily boosts on many sports, which on top of a potential £20 free bet upon signing up, is hugely appealing. Ladbrokes has an excellent reputation, with their market coverage odds and additional features continuing to attract customers.
Best odds guaranteed is available on all UK & Irish horse racing and greyhound meetings, while betting on the go is made easy thanks to an efficient app.
Founded in 2001, NetBet is a site which often goes under the radar, but is well worth checking out due to its bonuses and in-play betting options in particular. It uses the sports betting back end B2B firm Kambi for its software, creating a visually appealling interface that is very easy to use.
Bet and win limits also cater for both beginners and high rollers here, while their odds are especially pleasing when it comes to football betting and cricket. Support is available 24/7 via live chat, while punters can set themselves deposit limits which is now something that the UKGC expects as part of its regulations.
Coral has a long-standing history in the sports betting industry, with their football and horse racing markets in particular being appealing. Licensed by the Gambling Commission, Coral is known for its free bet offers, while a host of additional promotions are available too.
The ‘Create Your Bet’, smart boost and live streaming features help to make Coral an outstanding overall betting site.
With over 20 years of experience, BetVictor has long been one of the leading names in the UK betting industry. If £30 worth of free bets is not enough to entice you, BetVictor covers some 30+ sports too. On top of this, punters can watch live horse racing streams on a daily basis, with in-play betting being excellent here too. Meanwhile, the bookie is also fully licensed and regulated in the UK.
Of course, there are plenty more reasons for choosing an online betting site beyond ‘because it is one of the betting sites that accepts PayPal’. Any site that has been granted a licence by the UKGC can apply to accept PayPal payments. Even if PayPal gives them the go ahead, that does not mean it automatically rises above all sites that don’t accept online betting with PayPal. Here are the other main factors that turns a mundane online betting PayPal site into a great one, beyond the factor that it accepts PayPal payments.
Whether you have used PayPal on other online platforms before or not, you will probably be aware of its benefits, which are also in play when it comes to PayPal sports betting sites. With security always being paramount, potential users will be pleased to hear that when operating at a PayPal sports betting site, there is no need to upload any of your bank details in order to make payments. PayPal betting sites also offers quick deposits and withdrawals. This means that punters can concentrate on betting, while all transactions are fully encrypted.
Unlike some other payment methods, PayPal can be used in order to deposit and withdraw funds at betting sites, with the process being a simple one in both cases. The first step is to register an account with PayPal, which can be achieved in a number of ways either via their website or mobile app, with a limited number of personal details having to be entered. Having completed this stage of the process, the following is a step by step guide surrounding how to deposit and withdraw at PayPal betting sites UK.
2. Click on the withdrawal option and select PayPal as your chosen method of transfer, then enter the amount in which you wish to withdraw from your available balance.
3. Confirm that you wish to withdraw. As you have used your PayPal account before, there are no details to confirm. You cannot withdraw to any payment method that you have not previously used to make a deposit.
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Punters signing up with a bookmaker for the first time are likely to be in a position to claim some form of welcome bonus, whether it be a matched deposit offer, free bet or price boost. However, it is important to check out the terms and conditions surrounding such promotions, with some PayPal betting websites stipulating that deposits made using PayPal, along with other eWallets or prepaid cards, will not be eligible. If that is the case, it may well be worthwhile using a different payment method for opening deposits, before using PayPal thereafter.
You should now have a much clearer understanding of PayPal betting sites, however if this is not the right payment method for you then there are a number of appealing alternatives available. The following are some of the other deposit and withdrawal options available to punters online today:
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The creation of PayPal is another example of being the right person in the right place at the right time. In those fledgling days of the internet, there were plenty of companies all working hard to create an online payments system, just like there were plenty of companies all working hard to create the best search engine (Yahoo!, AskJeeves, Dogpile etc). Just like Google won the right to stand atop the podium as the most popular search engine, PayPal won the right to take the gold medal for the most popular online payments system.
Somewhat strangely, PayPal’s early success was not even wholly down to their own efforts, but the success of a completely different company. In the late 1990s people discovered that they could sell practically anything they didn’t want online via an online auction site called eBay. Paying for such items or receiving money was problematic in the early days of eBay though, so eBay decided to look for a online payments system that people could use with ease.
Three people had started a company called Confinity in 1998. After failing as a security software supplier they decided to move on to online payments instead. In 2000 the company merged with Elon Musk’s X.com payments system and in 2001 the company rebranded itself as PayPal.
PayPal was already offered as a payments system on eBay when the auction website decided to purchase PayPal outright in 2002, for the staggering sum of $1.5 billion. At the time eBay offered alternative payment systems such as Billpoint, c2it, PayDirect and Google Checkout, but PayPal swiftly eclipsed all alternatives and other sites began to offer PayPal as an online payments facilitator.
By 2010 there were over 100 million PayPal user accounts. In 2014 eBay decided that PayPal had become too big as a subsidiary company, so they decided to spin PayPal off as a company in its own right. Over time, PayPal has swallowed up many of its competitors and companies that offer finance-related services, such as Paydiant, Xoom, iZettle and Honey.
As we move firmly into the 2020s there are close to 380 million PayPal accounts open across the globe, with 10 million new PayPal accounts being opened each quarter.
PayPal and sports betting have not always been happy bedfellows. Go back a decade and despite PayPal already having established itself as the number one online payment services provider on the planet, you would not find a single sports book, online casino site, slots site or even bingo site that used PayPal as a payments method. It is only in recent years (when PayPal worked out they were missing out on a great deal of potential revenue) that PayPal have relaxed their ‘no gambling’ stance.
Their current rules seem a little unclear. For example, on PayPal’s website and in relation to gambling activities, the company quite clearly states “PayPal prohibits tranactions for gambling activities for merchants and account holders in the U.S.”. Despite this, there are a handful of legal and licensed US betting sites that accept PayPal payments. There is further confusion as the text clearly states “Merchants must demonstrate to PayPal’s satisfaction that they have the ability to block gambling activities for account holders in the U.S.”
If you are based in the UK, then there is no such confusion. Possession of a UKGC licence is required by law at all Paypal sports betting sites in the UK. PayPal says it is happy to allow its services to be used for gambling activities in the UK at sites that have the proper licensing. Whether you use PayPal or not, this is another reason why you should only ever place wagers at sites with a UKGC licence.
PayPal has become an increasingly popular payment method for punters at betting sites with PayPal found as an option at many of them. With its convenience, availability, speed and security, PayPal is likely to appeal to most people. Both existing and new bookies are now almost forced to facilitate deposits and withdrawals in this way as a result, with our experts having put forward a number of suggested betting sites, which all meet our strict criteria surrounding safety. So, check out one of the betting sites that use PayPal on this page, before trying this method of payment for yourself.
PayPal is an online payment system that is now accepted by many betting sites, with punters being able to deposit and withdraw funds without sharing their personal financial information. Users must sign up for an account at PayPal beforehand.
Yes! PayPal is fully licensed and regulated, with all payments being completely encrypted using state of the art software.
Deposits using PayPal are instant, while withdrawals are likely to take anywhere between a matter of hours to 48 hours to process, depending on the bookmaker.
We have provided a list of safe, licensed and entertaining PayPal betting sites on this page, however the one that is best for you will be the bookie who meets your list of wants and needs.
Deposits at PayPal betting sites are free, however some withdrawals may come with a small fee involved. This will again differ between bookies, but don't expect to ever pay large fees using PayPal.
Peter is an experienced iGaming wordsmith who has been working in the industry since 2013. He has written more words on all aspects of iGaming than he cares to remember, and has provided content for many big industry names. When not writing Peter can be found out running or gaming on his Xbox.
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