Last Updated on September 6, 2022
Fact checked by: Jesse M Cox
PayPal has steadily grown in popularity since its start in 2001. This is honestly no surprise as it gives users a seamless and effective way to execute online deposits and withdrawals.
With zero transaction fees on your deposits and withdrawals PayPal is not only arguably the best e-wallet around but it is also the most cost effective. They even let you have an account without verifying it, albeit with a $500 monthly withdrawal cap. Check out the rest of our review to see how you can set up your PayPal account to start your PayPal sports betting right away!
PayPal is one of the best e-wallets around and has been taken to by tons of different online gamblers. Creating your account and making your first payment with PayPal is actually pretty simple but we want to make sure that you don’t have any issues in this regard. That’s why we have put together our step-by-step guide on the process of setting up your account and making your first payment.
You should now have a fully functioning PayPal account in which to use for the best PayPal betting sites around. Finding the best PayPal betting sites can sometimes be tricky as there are so many options available to you. Be sure to check out our reviews and ratings at Betting.net to help you pick out the best betting with PayPal as a payment option.
When it comes to making deposits and withdrawals on the best PayPal betting sites we found that there are a few differences and factors to keep in mind. However, your deposits should remain quite uniform in their processing times as we found that it almost always reflects in any of your PayPal bookies’ accounts instantly. This might vary to some degree based on the bookmakers themselves but overall we found that the instantaneous deposit remains fairly consistent.
Making a withdrawal bookmakers that accept PayPal will vary more so than the process of making a deposit. This is because the PayPal bookies need some more time to process the withdrawal request itself. Some will be quicker than others but all in all it shouldn’t affect the overall waiting time by more than a couple of hours at worst. In terms of the actual processing time for your PayPal withdrawal to clear, we found that you can wait anywhere from 3-5 days for the withdrawal to reflect in your account.
All of the best PayPal betting sites should have a FAQs section on their site that gives you a detailed look at the deposit and withdrawal methods on the site including minimum withdrawal amounts and more importantly the processing times. Check out our review for the best American Express betting sites to see how another payment method stacks up versus the PayPal processing times.
There are a lot of benefits to verifying your PayPal account. You don’t actually have to if you don’t want to but this will limit the amount of cash you can withdraw from your account per month to a total of $500.
There are a couple more steps in the verification process of your PayPal account. Firstly, you need to provide PayPal with your valid identification document. You will then need to verify your phone number (as we mentioned earlier) by responding to the message PayPal sends you. After which you will need to verify your email address in much the same way, by confirming that you have received the email from PayPal.
You will need to verify your I.D. yet again but this time with your bank. Simply enter the code that your bank sends you into the PayPal verification process. Once you have done that, your account should then be fully verified and you can get cracking with some PayPal sports betting.
PayPal was essentially the merging of two different companies to form one. The basis of the idea for the payments system came from a company called Confinity that would ultimately merge with Elon Musk’s company called X.com in 2000. While the newly merged company began to find its feet, it was later named PayPal in 2001. The following year the company would go public.
PayPal paved the way for online electronic payment methods, as people could now purchase their everyday items like their lunch to a new pair of shoes. You can even fund your online sports betting accounts with PayPal these days as since day one it has continued to expand into all spheres of the economy.
PayPal’s name became more and more synonymous with safety as it employs the strongest SSL technology around. Your data is always kept under lock and key. During your PayPal transactions your data is scrambled while en route to its final destination, only to be unscrambled right at the end of the process. It is due to software tech like this that PayPal has become so well respected, as there have hardly been any mishaps in the past.
With such a high level of security, it didn’t take long before people began to flock to this payment method as their go-to service for all things casino gaming and sports betting. More and more people are using PayPal on the best betting sites today as it is safe, effective and efficient.
With its popularity soaring, you won’t struggle to find bookmakers that accept PayPal as a payment method on their sites. Your PayPal sports betting is made easy by the sheer amount of bookmaker options you have available to you and of course by how easy it is to make PayPal payments in general.
PayPal is a part of the e-wallet family providing a similar service to the likes of Skrill and Neteller. With PayPal, you have the ability to execute online payment transactions swiftly and without any hassle. In an industry that offers so many different e-wallets to choose from, how does PayPal stand above the rest?
Firstly, there is the PayPal app which can be used to make your day to day PayPal transactions even easier. PayPal has a signed agreement with Mastercard and First data that has culminated in this PayPal app. Essentially, this means that you can use your PayPal card like you would your Mastercard, as a means for your daily swiping purchases.
The beauty of the PayPal card is that it gives you the ability to still use your PayPal account for your PayPal sports betting while still being able to use your card for every day real-world transactions as well. It now gives your PayPal account a tangible use for your everyday shopping. This feature is something that is not currently being provided by any of the other major e-wallets which is why PayPal probably has a slight edge over its fellow competitors.
Lastly, if you have ever tried to claim an online casino welcome offer or a sports betting promotion you may have noticed that there are times where e-wallets like Neteller and Skrill are excluded from the promotion. Meaning, you can’t use them to make your deposit to access the bonuses. You will have no such problem with your PayPal account. There has hardly ever been a time in the past where you have been denied access to a bonus if you are making a deposit with your PayPal account. There is no doubt that PayPal is one of the best online betting payment methods you can find.
If you are a fan of online casinos or sports betting sites then you will always come across a number of different payment methods that are available for you to select from. At Betting.net we want to make sure that you know exactly what these payment methods are, what their processing times and maximum withdrawals are and more importantly, how safe each of them are to use.
We take you through all of the factors that make up the security and licensing of these payment methods. Essentially, we do the research on the methods so that you can know for sure whether or not they are going to be the right fit for you personally. Just as we have done for PayPal.
To find out more about different payment methods and online casino operators just navigate to our Betting.net website to check out our reviews and ratings. With our ranking system and comparison tool you will be able to find your perfect payment method and the best accompanying betting site without any problems. If you want to know more about a sports betting bank transfer, we’ve got you covered there as well.
We can’t give you a blanket answer on this, as every PayPal betting site is different. In order for you to safely conduct your PayPal sports betting you will need to check out our reviews and ratings on the Betting.net website. Here, we go into detail about the licensing and security of these PayPal betting sites. We also give you some information on previous user experiences and the overall reputation of these PayPal betting sites as well.
The PayPal sign up process is nice and straightforward. You are given two options to open an account, one for business and one for personal use. If you are looking to join the best PayPal betting sites then you would choose a personal account. However, you can open a business account as well. There is no limit on you having both of these PayPal account types at one time.
Unfortunately this is not the case. This does not mean to say that you can’t mind a plethora of different PayPal betting sites to use. However, not all betting sites will offer PayPal as a payment option. At Betting.net our reviews will tell you exactly what payment methods are available on these sites and whether or not PayPal is one of them.
In terms of fees from PayPal themselves, you won’t have to pay any on your deposits and withdrawals. PayPal do their part but we can’t guarantee that you won’t be charged transaction fees on PayPal sports betting sites. As we say, we will always let you know about this kind of information in our reviews of the best betting sites.
There are a couple of different ways that you will need to verify your PayPal account. Namely, you will have to verify your email address, I.D and phone number. You don’t have to but as we mentioned earlier you will then only be able to withdraw a total of $500 per month from your PayPal account which could prove troublesome when you want to withdraw your PayPal sports betting winnings.
As one of the biggest e-wallets in the world there are few payment options quite like PayPal. You should now have a clear idea of how you can create your PayPal account and conduct a transaction on the best PayPal betting sites. It provides users with a seamless method for making quick and easy deposits and withdrawals. Not only is it efficient but it is wholly safe to use on your betting journey as well.
If you are looking for a payment method with non-existent transaction fees, speedy processing times and an ability to provide you with easy day to day transactions then PayPal is the method for you. We genuinely can’t recommend this payment service highly enough and if you take the time to check out some user reviews, you will see that most people agree with us. If for some reason, you didn’t take to PayPal quite like we did then you may want to check out our review for some of the best EcoPayz betting sites around.
At Betting.net we give you the breakdown on how you can go about creating your PayPal account step by step. We make the whole process that much easier for you by giving you a detailed look at how we did it and what you should look out for at the best betting sites with PayPal. There are a couple of steps in the process to keep in mind so our review really comes in handy for you to stay on top of each of the sign up steps.
If you want to find the best PayPal bookmakers online then you need look no further than Betting.net. At Betting.net we give you all the reviews of the best PayPal bookmakers around and tell you exactly what we think of them in an objective and unbiased manner. By the time you are done checking out our site you will know exactly who the best PayPal bookmakers are.
Nobody likes paying additional fees on their deposits and withdrawals. However, this is not always a given which is why our review has taken a closer look at whether or not PayPal charges any transaction fees for your deposits and withdrawals.