Best PayPal betting sites in 2024: ranked by betting experts

Bookmakers that accept PayPal have risen in popularity over the last 2–3 years. The arrival of this e-wallet has revolutionised online sports betting and allowed for extra layers of security. As you read on, we’re going to be looking at the best bookies that accept PayPal so that you can be sure you’re only gambling at sites that deliver. We’ll also be looking at the pros and cons of PayPal because we want you to be fully informed. Let’s take a look now.

PayPal betting sites that we recommend for new players

Found: 7 Bookmakers

Rank Bookmaker Bonus Claim
1 1xBet

100% Welcome bonus up to €100

18+ T&C apply, GambleAware.org

2 22Bet

100% Welcome Bonus up to €122

18+ T&C apply, GambleAware.org

3 Melbet

Welcome bonus up to €100

18+ T&C apply, GambleAware.org

4 Megapari

100% Welcome bonus up to $130

18+ T&C apply, GambleAware.org

5 20Bet

100% Welcome bonus up to €100

18+ T&C apply, GambleAware.org

6 bet365

Welcome bonus up to €100 in Bet Credits

18+ T&C apply, GambleAware.org

7 BetWinner

100% Welcome bonus up to €100

18+ T&C apply, GambleAware.org

What we look for in betting sites that accept PayPal

Updated:

Graphics for block 'What we look for in betting sites that accept PayPal'

When looking at what makes for top PayPal bookmakers, there are numerous factors that we consider. We always start by looking at the licences in place and making sure that the betting sites are safe and secure. Then, it’s about the sports and betting markets. We want to be sure that there’s enough variety to keep you entertained and so that you can find the bet types that matter to you.

When betting sites accept PayPal, we also look at the deposit and withdrawal levels, as well as the speed of transactions. Overall, it’s all about making sure that your sportsbook experience is the best it can be.

Top PayPal sports betting sites – 10 picks from our experts

Before we place any PayPal bookie on our website, we take the time to work through our criteria. Whether looking at new PayPal operators or well-established ones, we want to be sure that we’re only ever recommending the best betting sites around. Let’s jump in and take a look at our top 10:

  1. bet365
  2. Betway
  3. William Hill
  4. Betfred
  5. Unibet
  6. 888sport
  7. Parimatch
  8. NetBet
  9. 1xBet
  10. BetMGM

Comparing PayPal bookmakers side-by-side

If you create a PayPal account to use at your favourite bookmaker, we understand that you’ll want to know all about transaction speeds. Let’s take a look at these now:

Deposit Times, Fees & Limits

Betting Site Deposit speed Free Limits Min/Max
bet365 Instant £30 – £8,000
Betway Instant £10 – £5,000
William Hill Instant £10 – £5,500
Betfred Instant £5 – unlimited
Unibet Instant £10 – £10,000
888sport Instant £10 – £3,000
Parimatch Instant £10 – £10,000
NetBet Instant £10 – £5,000
1xBet Instant £1 – unlimited

Withdrawal Times, Fees & Limits

Betting Site Withdrawal speed Free Limits Min/Max
bet365 Up to 24 hours £15 – £8,000
Betway Up to 24 hours £10 – unlimited
William Hill Up to 24 hours £10 – £5,500
Betfred Up to 48 hours £5 – £5,000
Unibet Up to 12 hours £10 –unlimited
888sport Up to 24 hours £10 – £5,000
Parimatch Up to 24 hours £10 – £5,000
NetBet Up to 24 hours £10 – £5,000
1xBet Up to 24 hours £10 – £5,000

What to look for in a PayPal sportsbook

There are now more than 426 million people with a PayPal account, so it makes sense that more and more betting sites accept this as a payment method. Today, PayPal is widely accepted so how do you know what to look for when choosing a site to gamble at? Here’s what we keep our eyes on:

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    Licensing

    When looking for a betting site that will accept PayPal, the first thing to check is the licence. For a sportsbook to be safe and trusted, there must be a licence from a respected authority such as the UK Gambling Commission, the Curacao government, or the Malta Gaming Authority. The issuers of these licenses ensure that operators stick to the rules and regulations that will keep you safe.

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    Welcome bonuses

    You’ll find that the best sportsbooks come with attractive welcome bonuses for new customers. These can help you to get value for money, making your deposit go further. Check these before you sign up and be sure that the terms and conditions are fair. Some sites with PayPal may offer exclusive bonuses while others may exclude you from a promotion for using this method.

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    Transaction fees and limits

    Transaction fees can eat into your winnings so keep an eye on these before you sign up. PayPal is often a method that is fee-free so this shouldn’t be an issue. When it comes to limits, you need to choose options that you’re comfortable with. Do you want a low minimum deposit or are you seeking unlimited withdrawals?

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    Betting odds

    Competitive odds mean better returns. Before signing up with a site, compare the odds to those at other operators. If you find sites where the odds are similar, but one is much lower, then you should be avoiding the one that fails to match up to the rest.

  • sport-40x40sa

    Diversity of betting markets

    The more betting markets there are, the more variety there is and the more enjoyable your experience will be. Check out the bet types available and the markets that are covered to get the best from your chosen sportsbook.

  • support-40x40sa

    Customer service

    If you ever run into any issues using PayPal as a banking option, you’ll find that the PayPal Help Centre is superb and will work with you to resolve things. Aside from this, you need to be sure that a sportsbook is there to help too. Look for those that offer 24/7 live chat options so you can reach out whenever you need to.

Pros and cons of online betting with PayPal

So that you can make an informed decision about your payment method, we are now going to explore the pros and cons of using PayPal. This is here to help you decide whether a PayPal bookmaker is right for you:

Pros of using PayPal for online betting

PayPal is a trusted brand

When looking at payment options, 68% of people prioritise a trusted brand. Launched in 1998, PayPal is long-established and has an outstanding reputation for being safe and reliable.

Safe and secure transactions

When using an e-wallet like PayPal, your financial details are not shared with your sportsbook. PayPal acts as an intermediary so your details are never at risk. With high levels of encryption, you can be sure that your transactions are kept secure.

Fast payouts and deposits

If you’re like most punters, when you place a bet and win, you want to access your winnings immediately, without delay. Many PayPal betting sites offer withdrawals in less than 24 hours and these can often be instant. Deposits are instant too and hit your betting account straightaway.

Wide acceptance in online betting

When you use PayPal to bet, you open up a wide selection of sportsbooks to use. This is because this payment method is hugely popular and offered by many sites.

Convenience of use

PayPal offers levels of convenience that are hard to match. It’s so easy to use your PayPal wallet across a variety of devices.

Cons of betting with PayPal

Possible transaction fees

While sportsbooks may not charge fees, PayPal will sometimes apply fees to transactions. These usually kick in either once your PayPal account is credited or at the time that you try and withdraw to your bank account.

Payment system can ban players without explanation

If you ever explore the user conditions for PayPal, you’ll find them vast and a little confusing. There have been cases where PayPal has alleged a breach and gone on to confiscate funds and close accounts. This is something to keep in mind and our advice would be to withdraw funds as soon as possible rather than leaving them sat in your PayPal account.

How to set up a PayPal account step-by-step

Here are the steps to follow to open a PayPal account:

  1. Go to PayPal’s website. Click on ‘Sign Up’ and choose between a personal or business account.
  2. Provide your details. Enter your email address, create a password, and fill in your personal information.
  3. Verify your PayPal account. Confirm your email and phone number by following the instructions PayPal sends you.

When your account is open, you should then be able to link a bank account or credit card for easy payments and withdrawals.

How to make a deposit at betting sites with PayPal

Making a deposit at a PayPal bookie is easy. Here’s a look at the steps you’ll need to follow:

  1. Choose a betting site. Select a bookmaker that accepts PayPal deposits.
  2. Access the cashier. Login to your betting account and navigate to the deposit section.
  3. Select PayPal. Choose PayPal as your preferred payment method.
  4. Enter deposit amount. Specify the amount you wish to deposit.
  5. Confirm transaction. Review the details and confirm the payment. You’ll be redirected to PayPal to complete the transaction.

How to make a withdrawal from a bookie using PayPal

If you win your bet, the good news is that withdrawing your winnings is just as easy:

  1. Access your betting account. Login to your betting account and navigate to the withdrawal section.
  2. Choose PayPal. Select PayPal as your withdrawal method.
  3. Enter withdrawal amount. Specify the amount you wish to withdraw.
  4. Confirm withdrawal. Review the details and confirm the withdrawal.
  5. Await processing. Allow some time for the withdrawal to be processed by the bookmaker.
  6. Funds in PayPal account. Once processed, the funds will be transferred to your PayPal account.

Our suggested alternatives to PayPal

Apple Pay

If you’ve ever thought ‘Why bet with Apple Pay?’ the truth is that this method has much going for it. It offers speedy transactions and can be used across a range of iOS devices, including the Apple Watch.

Paysafecard

People choose sites that support Paysafecard as it helps them to stick to a playing budget. This is a prepay option and is a great way of staying in control.

AstroPay

If you’re thinking of using AstroPay for betting, you’ll find that this comes with similar advantages to PayPal. As an e-wallet it offers fast and secure transactions with no need to share your financial details.

Payz

You’ll find many sites where Payz is welcomed. Punters like this payment method as it can be used to accept a variety of currencies. It is also regarded as being highly secure as well as being one of the longest established payment providers.

Neteller

There is a lot to be said about the convenience of betting with Neteller. You can choose to use the mobile app and you can usually withdraw winnings in an instant.

Skrill

If you’ve ever wondered why there are so many people using Skrill for sports betting, it’s because this is a fee-free option that’s fast. It also comes with high levels of security and is highly regarded as being trustworthy.

Instant replay: Best PayPal betting sites

When you’re looking to bet, PayPal sites offer a fast and secure payment method. This method is well-established and, over the years, has proven itself to be reliable. The sites that we have looked at are the best PayPal bookmakers around. They come with attractive deposit and withdrawal limits, covering all of the sports you could ever want.

Just bear in mind that some people have had issues with PayPal due to breaches of the user agreement. Remember to withdraw your winnings from your PayPal account and into your bank so that you’re protected.

Kate Richardson Kate Richardson

PayPal betting sites FAQs

? What is PayPal?

PayPal is a well-established e-wallet. It allows you to make transactions without sharing your financial details. It first became popular as the chosen payment processor for eBay, but it is now used in a range of industries as well as online betting. It's interesting to not that Elon Musk was one of the co-founders.

? Is PayPal safe for betting purposes?

Yes, PayPal is safe as it offers a secure method for making deposits and withdrawals. PayPal doesn't need to share your financial details with a bookie when any transactions are made. All data is encrypted and there is also a Buyer Protection policy in place. This means that PayPal will work with you if there are ever any issues.

? How fast are PayPal deposits processed?

PayPal deposits are processed instantly. Regardless of the bookie that you choose to bet at, you will see your funds hit your account straightaway. This is a major advantage if your looking at in-play bets. With odds constantly changing, it's important to fund your account as quickly as possible to secure the best ones.

? Is it worth using PayPal for betting?

Yes, we believe that it is worth using PayPal as a payment method for betting. The added layers of security make it a good option as well as the speed of transactions. The only thing to be careful of here is when there are bonuses to claim. Some bookies won't allow you to claim a bonus if you've funded your account with PayPal, so be sure to check the terms and conditions.

? How to keep your PayPal account safe?

Keeping your PayPal account safe is a must no matter what you use it for. Make sure that you have a password that can't easily be guessed, and make sure that you never share this with anyone. If you're using your mobile, enable fingerprint or facial recognition. When using a computer, be sure to set up two-factor-authentication.

? How do I fund my betting account using PayPal?

To fund your account with PayPal, you just need to head to the banking section of your bookie and then click on PayPal as your chosen method. Enter the amount that you want to deposit and then click to confirm. Before the deposit is finalised, you'll be redirected to the PayPal website where you need to click again to confirm. You'll then be taken back to the bookie and your account will be credited.

Review Author

Kate Richardson

Kate Richardson

Strategic Betting Analyst: Expert in Developing and Implementing Data-Driven, Profitable Sports Betting Strategies.

Reviewer

Eugene Ravdin

Eugene Ravdin

Hey! I've been working for the official UEFA website for 18 years as a translator, reporter, editor, and language version editor in chief.