PayPal Betting Sites in the UK

Deposit and Withdraw

PayPal is a flexible option for bettors, allowing you to both deposit and withdraw funds at a moment’s notice. You only have to enter your account details once and then you are able to access your funds instantly.

Reputation

As mentioned above, another reason many sports bettors use PayPal is because of the reputation for security the company has. PayPal is trusted by companies and individuals a like and is responsible for securely transferring billions of dollars each year.

Licensing

As a company, PayPal only makes itself available in jurisdictions where there is strict gambling licensing. For you, that means that if you can use a PayPal bookmaker, you know that they have a licence. That guarantees the site you are playing at has followed strict protocol that includes site security, data protection and fairness.

Flexibility

PayPal also provides flexibility, which is something all online bettors appreciate. You may have found better odds at an alternative site or need to move your cash from one card to another. If you use PayPal, that is easy to do.

Creating a PayPal account

Joining PayPal is simple and quick. It can be done in a matter of minutes. All you have to do is head to the PayPal website, create an account, add some details such as your name and email, link to a credit or debit card then verify your email. After you’ve completed these simple steps, you’re ready to deposit.

Deposit with PayPal

Before you can start betting with PayPal, you’ll need to make a deposit. To do so, first find the cashier section on the betting site. There, you will see a list of deposit options, including PayPal.

Once you choose PayPal, you’ll need to specify how much you want to deposit. At that point, you’ll then be taken to your PayPal account, where you’ll need to log in and verify the details of your transaction. Once you’ve done so, your funds should be transmitted to your betting account in a matter of moments, allowing you to bet with PayPal.

PayPal Withdrawals

One of the best parts about online betting with PayPal is the fact that you can also withdraw funds through this method. Once you’re ready to cash out your winnings, you can choose PayPal from the list of withdrawal options available. Let the bookmaker know how much you wish to remove from your account and provide your PayPal account data, then submit your request.

Be aware that the first time you withdraw winnings from a PayPal betting website, you’ll may need to complete some “know your customer” steps before your cash out will be processed. This may mean that you will have to provide some specific information to the bookmaker, including one or more of the following:

• Birth Certificate
• Bank Statement
• Payslip
• Photo Identification
• Utility Bill

Don’t worry – this is a normal part of the withdrawal process at licensed PayPal betting sites. It is there to protect you as a player. Imagine how difficult it would be for a fraudster to withdraw your winnings if they were asked to provide that information.

PayPal Fees

Many of our users also wonder about PayPal deposit fees. Generally speaking, most bookmakers will cover these fees on deposits. However, it is possible that you will have to pay a fee imposed by PayPal itself if you choose to withdraw using this method.

Debit/Credit Card

Still one of the most popular ways to fund betting accounts. Debit and credit cards are accepted by nearly all online betting sites, especially major ones.

Skrill

Skrill is another e-wallet that is popular amongst online sports bettors. Like all e-wallets, Skrill provides users with convenience and security which is particularly important when betting online.

Neteller

Along with PayPal and Skrill, Neteller is a commonly used e-wallet. Many sports bettors use Neteller to fund their accounts because it makes it easy to move money to and from different accounts.

Cryptocurrency

Cryptocurrencies are becoming increasingly more common as payment methods, and online betting is no exception. The biggest cryptocurrencies and most like to be found at online betting sites are Bitcoin, Ethereum and Ripple.