Using PayPal at Online Sportsbooks

Online sports betting sites tend to offer a wide and varied range of deposit options to suit as many punters as possible. While credit card methods like Visa and Mastercard have always been popular, eWallets are now taking over thanks to their superior security and easy-to-use format. PayPal is just one such payment method that has taken online sportsbooks by storm, offering quick and easy transactions to both desktop and mobile bettors.

PayPal currently has over 230 million users worldwide in 190 countries and regions, and because of this, online sports betting sites have been quick to add PayPal to their ranks as a premium and trusted deposit option. Whether you’re betting on football, rugby or horse racing, PayPal can make real money betting easier with just a few clicks.

How To Set Up Your New PayPal Account

If you’re interested in using PayPal as a deposit option, the first thing you’ll need to do is find an online sportsbook that accepts it. Many of our recommended online sports betting sites accept PayPal for both deposits and withdrawals, so check out our listed sites to find the bookie that meets your needs.

The next step is to register for a PayPal account, which can be done online in minutes. Simply head over to PayPal’s websites, enter your email, personal details and password, and you’ll be able to link your chosen bank account to your new eWallet and get ready to make your first deposit. Sending money with PayPal is rapid, and many sportsbooks will receive your deposit almost instantly once you’ve sent it, adding even more convenience to the experience.

The Many Advantages Of PayPal Transactions

So, what are the advantages of using PayPal at your online sports betting site? Well, PayPal is exceptionally easy to use, and also poses affordable fees for transactions and deposits. PayPal’s charges vary according to the amount of each transaction and where you operate from, so be sure to check these things out before you start to wager!

Another major selling point for PayPal is that it is exceptionally safe. Because it acts as an intermediary between your betting site and your bank account, your bookie will never have access to your personal or banking details. PayPal also stores all of your banking details securely in your account, which means the minute you’ve set up your eWallet, any future transactions will require nothing more than a few clicks.

Deposits and Withdrawals Made Easy

Finally, PayPal is one of the few eWallet methods that can be used for both deposits and withdrawals at participating sportsbooks. This is great news if you are looking to streamline your transactions, and you will also be able to get your hands on your winnings in a matter of just one or two days with this world-renowned banking option.

If we have you convinced on the powers of PayPal, check out our favourite online sportsbooks now to find sites that accept PayPal from punters across the globe. You might even get a special payment method bonus when you deposit your first wad of cash!