Pros and cons of PayPal
- Simple registration process
- Traceable transactions linked to your bank account
- Dedicated mobile app allows you to deposit and withdraw on the go
- Instant deposits and fair fees guaranteed
- Limited PayPal betting sites allow withdrawals
Sign up process for enjoying online sports betting with PayPal
Before you find yourself an ideal betting site that uses PayPal, you’ll need to create your account. The process itself is extremely straightforward and can be achieved by following this detailed step-by-step guide.
Visit PayPal or download the app
To begin the process, you’ll need to make your way to PayPal’s homepage or download the mobile app from respective stores.
Once you’re onsite or the app has downloaded, you’ll need to click the
sign up
button and decide whether you are looking to open a personal or business account.
Select your region and enter basic details
Next, you’ll be required to confirm your location before entering some basic personal details, including a phone number and email address.
You’ll then be required to confirm your identity by verifying your phone number and email address. This is achieved by entering the specific code sent to you.
Add a card or bank account
Once verified, you’ll be able to head to your wallet and link your bank account or preferred debit or credit card.
Find an online sportsbook with PayPal
With your account and card now verified, you’ll be able to make use of our site banners and find an online operator where you can start online sports betting with PayPal.
Making a payment with PayPal - find a sportsbook that accepts PayPal
In this next section of our PayPal sports betting guide, we run through how you can make your first PayPal payment.
- Head back to The Game Haus:
It all begins by letting us help you find betting sites which accept PayPal. You can make use of the banners on site to help determine which operators are best suited to you before registering, entering your bonus code, and getting ready to link your PayPal account.
- Visit the cashier section:
Once you’ve registered at one of our recommended PayPal betting sites, you can head to the cashier section and select “deposit”.
- Choose PayPal:
You’ll be presented with a drop-down list of available methods. Select PayPal, enter the amount you wish to deposit, and click “submit”.
- Confirm your identity:
After you click “submit”, a new window will open that redirects you to your PayPal account. When logging in, you’ll be required to confirm your identity with the online sportsbook with PayPal before choosing your preferred way to fund your sports betting account.
- Choose a card or bank account:
At this stage, you’ll be able to directly make a payment via PayPal using your bank account or card. Of course, if you already have funds in your PayPal account, you’ll be able to make use of these first.
- Confirm your request:
When you have confirmed how you wish to pay, you can click “submit” and PayPal will close. You will then find that your online sportsbook balance will update almost instantly and you can begin online sports betting with PayPal.
Withdrawal and deposits with PayPal: average timescales
When it comes to funding your online sportsbook, you’ll want to make sure that you can move money in and out safely and efficiently. Thankfully, that’s something that comes as standard for those choosing a respected PayPal betting site.
Deposits
Once you’ve linked your Paypal account to your chosen online sportsbook, you’ll be able to instantly make a deposit. You can choose to use your PayPal balance or fund your sportsbook through a linked bank account or card. For those choosing a card, please bear in mind that a standard charge of 2.9% may be added.
Withdrawals
It’s worth mentioning that withdrawals do not come as standard at all PayPal betting sites. However, for those that do, you can expect prompt withdrawals once the initial verification process has been completed. We suggest checking out the banners on site to find a site that meets your own requirements.
How long do payments take at an online sportsbook with PayPal?
Following on from the above, this table highlights some key information regarding your PayPal payments. Should you find that your deposits and withdrawals are taking longer than anticipated, please ensure you get in contact with your sportsbook or PayPal directly.
|
Minimum |
Maximum |
Timeframes |
| Deposit |
$5-$10 |
$5,000 |
Instant |
| Withdrawal |
$10-$20 |
Uncapped |
Instant |
PayPal verification requirements
When compared to other popular payment providers, PayPal stands alone in this section. As things stand, beyond email and telephone confirmation, verification of your account isn’t completely essential. However, that will add significant deposit and withdrawal limits to your account.
For those who do plan to verify your account, the process is fairly straightforward. Once you’ve linked your bank account or card, you’ll be required to forward a copy of your government-issued ID and a proof address dated within the last 12 months. You can upload the documents by heading to the
confirm your identity
page and following the on-screen prompts.
PayPal aims to review documents within 48 hours, so a small delay to your betting may occur if you plan on depositing more than $500. For most, we feel that these terms are fair and won’t hinder the average bettor from depositing into their account.
Providers that use PayPal
1.
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Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
3.
Bet $5 Get $200 in Bonus Bets IF YOU WIN
4.
First bet back as a bonus bet up to $1000
5.
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The history of PayPal
PayPal officially started life as Confinity back in 1998. It came to life through the work of Max Levchin, Peter Thiel, and Luke Nosek before merging with Elon Musk’s X.com in 2000. By 2001, the rebranding and renaming of Confinity had been completed - the birth of PayPal.
PayPal went public in 2002 and was listed under $PYPL at $13 a share. Today, it trades around the $80 mark. In October of the same year, PayPal was acquired by eBay and became an accepted payment method on over 70% of its auctions.
Things started to snowball when PayPal acquired Verisign to add additional security in 2015. By 2010, PayPal had secured a partnership with Mastercard, acquired Fraud Sciences, and had over 100 million users. Additional partnerships followed, right up until 2014 when it was announced that PayPal and eBay would trade as separate companies.
In 2015, the launch of peer-to-peer transactions was completed. Now users had personal links that would allow them to send and receive money around the globe including at the first PayPal betting sites. By 2019, PayPal had secured a partnership with Instagram and had cemented itself as a popular payment provider in the sports betting scene.
Today, we at The Game Haus can list a whole host of sites that make use of the credibility provided by PayPal. As things start to expand, we are beginning to see more sites allow PayPal deposits to release bonuses, and the addition of PayPal withdrawals too.
PayPal compared to other providers
There are plenty of
sportsbook deposit methods
to choose from. In this next section, we put PayPal up against some fierce competition to see who comes out on top. It'll help you see why you should use PayPal for betting sites:
- PayPal vs Crypto:
Both of these methods provide advanced levels of transactional security; however, PayPal is traceable while crypto allows for anonymity. You will find various fees are required to make use of the blockchain, compared to a standard 2.9% added to any debit or credit card payments made through PayPal. Processing times will also vary, depending on the site and cryptocurrency you use. Generally, PayPal betting sites will process both your deposits and withdrawals instantly.
- PayPal vs Bank Transfer:
Although you can link your bank account to your PayPal, both of these methods are available as separate options at most PayPal betting sites. Despite needing to create a PayPal account and linking it to your sportsbook, the whole deposit and withdrawal process is far swifter and more efficient than using a bank transfer. While some Paypal betting sites may not provide withdrawals, those that do will complete the transaction instantly. Bank transfers, on the other hand, can take up to seven days to be processed and returned to your account.
- Paypal vs Skrill:
PayPal and Skrill are both considered e-wallets and allow you to conveniently send money to and from your chosen sportsbook account. The linking process is also fairly similar; however, Paypal is more widely accepted. With that being said, card fees are slightly cheaper when using Skrill.
Alternative payment method providers
1.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Bet now
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
3.
Bet $5 Get $200 in Bonus Bets IF YOU WIN
4.
First bet back as a bonus bet up to $1000
5.
Bet $5 and Get $150 in Bonus Bets Instantly!
Three essential facts about using betting sites with PayPal
In this penultimate section of our latest PayPal sports betting guide, we highlight a few key takeaways to consider before making use of the banners on site and finding some great betting sites accepting PayPal.
Not all betting sites with PayPal offer withdrawals
Although PayPal betting sites are growing in popularity, the ability to both deposit and withdraw is still unavailable at most of them. Instead, you’ll be able to deposit freely and be required to find an alternative method to withdraw.
Fees will be attached to any debit or credit card deposits
Fees sent directly to your sportsbook from a bank account or your PayPal account balance will be completely free of charge. However, any deposit made through PayPal using your debit or credit card may be subject to a 2.9% processing fee.
Some bonuses cannot be redeemed using PayPal
Before joining betting sites that accept PayPal, it is worth reviewing whether you can redeem the bonus. Often, welcome bonuses have strict terms that will confirm PayPal as an ineligible deposit method.
Conclusion: Find betting sites with PayPal at The Game Haus
PayPal is a top ewallet payment provider that allows you to seamlessly send transfers to and from your chosen online sportsbook. You may find that fees are associated with card transactions but all deposits are completed instantly and are 100% traceable.
Registering for a PayPal account is straightforward and can be completed within a matter of minutes. Once you’ve verified your account and forwarded sufficient documentation, the initial $500 limit will also be lifted, allowing you to deposit freely at some of the best sportsbooks around.
To find top betting sites that accept Paypal, we suggest heading back to The Game Haus and making use of the banners on site. Once you’ve found your ideal destination, you can head back to this guide and make use of our top tips.
All gambling and sportsbook deposit methods
Our favorite bonuses
1.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Wagering (WR): 1x Bonus, Min. Deposit: $10
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Min. Deposit: $5
3.
Bet $5 Get $200 in Bonus Bets IF YOU WIN
Wagering (WR): 1x Deposit, Min. Deposit: $10
4.
First bet back as a bonus bet up to $1000
Wagering (WR): 1x Deposit
5.
Bet $5 and Get $150 in Bonus Bets Instantly!
Min. Deposit: 5
Betting Sites with PayPal FAQ
💸 What is a PayPal betting site?
Online sportsbooks now make use of various payment methods to ensure that all users are well catered for and can use their preferred options. In our latest PayPal betting sites guide, you can find out more about the popular e-wallet provider and how to make your first deposits.
💰 How do I deposit with PayPal?
You can complete the PayPal registration process within a matter of minutes; however, it’ll take 48 hours to completely verify your account. Until your account is officially authorized, you’ll be limited to $500 sportsbook deposits. Find out how you can link your account and make your deposit in our latest PayPal betting guide.
🌟 Where can I find a bonus to unlock using PayPal?
Although not all PayPal betting sites will allow you to redeem bonuses, many top operators will. We suggest heading back to The Game Haus and checking out the banners on site to find yourself a top destination. Then come back and make the most of our Paypal betting guide.
