Best 10 PayPal Bookmakers for 2024

Welcome to BettingRanker, your trusted guide in the world of online betting. Today, we're zeroing in on a game-changer for your betting experience: PayPal. Known for its security and ease of use, PayPal has become a preferred payment method for bettors worldwide. Our team of casino veterans has scoured the internet to bring you the top betting sites that welcome PayPal transactions. Why PayPal, you ask? It's simple. This payment method not only offers swift deposits and withdrawals but also adds an extra layer of protection to your financial data. Whether you're a seasoned bettor or just starting, using PayPal can significantly enhance your betting journey. Let's dive into the benefits and reveal our expert picks for the best PayPal-friendly betting sites. With BettingRanker by your side, you're equipped with all you need to make informed decisions and enjoy a seamless betting experience.

Best 10 PayPal Bookmakers for 2024
Top betting sites with PayPalHow to make a deposit with PayPalHow to make a withdrawal with PayPalSafety and security at PayPalPayPal customer support options
Aria Mitchell
Written byAria MitchellWriter
Fact checked byIliana PetkovaFact Checker
Top betting sites with PayPal

Top betting sites with PayPal

Launched in 1998, PayPal is arguably the most trusted e-wallet today. It has a reputation for offering secure transactions with instant deposits and withdrawals. No wonder PayPal is currently a mainstay at all top betting sites. All a player needs is an email account to start transacting on PayPal. So, this page lists all top PayPal betting sites and a few things to know before using this banking method.

Top betting sites with PayPal
How to make a deposit with PayPal

How to make a deposit with PayPal

Before diving deeper, it’s important to note that PayPal is available in 200+ countries and supports 20+ currencies. Yes, that’s how popular PayPal has become among online traders, sportsbooks, online casinos, and so on. In addition to its wide acceptance, making PayPal deposits is pretty quick and straightforward, as you’ll see below.

Start by finding a sportsbook that accepts deposits via PayPal. There are hundreds or even thousands of those online. Then, proceed to create a personal account on PayPal.com before depositing funds.

Bettors can do this via another verified PayPal account or a linked bank account. Now head to the bookie and choose PayPal under the “Deposit” page to move funds. It’s that easy! Like most online money transfer options, PayPal lets its customers transact on mobile via the PayPal app. The application is available to download on Play Store for Android and App Store for iPhone.

Alternatively, mobile phone bettors can transact on PayPal using the instant access version on the web browsers. Just enter the PayPal address, log into the account, and make deposits.

PayPal fees and limits

Opening a PayPal account is absolutely free, as users don’t have to pay a dime to enjoy the services. PayPal also doesn’t charge any monthly fees or ask for a minimum balance. And to make it even better, the company doesn’t charge anything to transfer money from a linked bank account to PayPal.

As you may know already, this online banking giant limits unverified accounts to only $500 monthly transactions. But after verifying identity, users can send a maximum of $60,000 on a single transaction.

Verifying identities is a common practice among most e-wallet. This eliminates any security risks, giving users higher deposit/withdrawal limits. At PayPal, one only needs to link their bank account and provide proof of address to get it done.Note: Some bookies don’t offer bonuses on PayPal deposits. So, read through the terms and conditions page to find one that does.

How to make a deposit with PayPal
How to make a withdrawal with PayPal

How to make a withdrawal with PayPal

Withdrawing funds from a bookie to PayPal is quick and easy, just like when making deposits. If you’ve already linked a PayPal account, go to the cashier, select PayPal, and enter the withdrawal amount. Lastly, confirm the transaction. In most cases, PayPal withdrawals are near-instant, although this depends on the bookie. Some bookmakers might ask for up to 2 working days to process PayPal withdrawals.

Most bookmakers also charge users a certain percentage of the withdrawal amount to facilitate transactions. But don’t worry because the rate is usually something between 2% to 5%. It’s also worth saying that almost all top betting sites need players to verify their betting accounts before withdrawing anything.

How to make a withdrawal with PayPal
Safety and security at PayPal

Safety and security at PayPal

Do you know why PayPal is one of the most trusted betting payment methods out there? Well, the platform offers around-the-clock 24/7 security to prevent fraud, data mining, and email phishing. That’s because every PayPal transaction is heavily guarded with SSL encryption. This means even the most advanced online fraudsters can’t break into your financial details on PayPal.

In addition to offering top-notch financial protection, PayPal is licensed to provide financial services by legal bodies. For example, the firm is licensed to operate in almost all states in the USA.

For example, PayPal is licensed by Alabama Securities Commission in Alabama, whereas the New York Department of Financial Services approves PayPal in NY. Internationally, PayPal is licensed in more than 200 countries.

While banking with PayPal is generally safe, don’t treat it as a bank account to save money. Instead, PayPal’s user agreement clearly states that the platform is strictly for money transfers. In the US, for instance, PayPal transactions aren’t FDIC insured. Now this means your money might go down the drain if the unfortunate happens to PayPal. So, always withdraw all sportsbook winnings as soon as they come in.

Safety and security at PayPal
PayPal customer support options

PayPal customer support options

Another reason why PayPal is common among the best betting sites is its quality support system. Players can contact PayPal for answers to all their queries regarding sending and receiving money.

The support team is reachable via phone, email, or chat. It’s also important to remember that directly calling a PayPal number may attract a small fee, depending on the cellular service provider.

But to be honest, PayPal’s support system hasn’t been the best until recently. Back in 2003, the company had to be sued just to put up a toll-free number. But to their defense, the number was available, just it was hidden deep down the website. Even today, most PayPal users still struggle to get their customer service number.

For this reason, PayPal strongly advises its users to contact them through email. But even at that, email responses can take up to 24 hours on a typical working day. This can be frustrating, especially if you’re seeking reversal. Alternatively, players can reach support via the messaging feature, which offers non-personalized responses. If this doesn’t satisfy you, the bot will forward your query to a PayPal agent, who usually responds within an hour.

Below are the PayPal support contacts:

  • Phone: 1-402-517-4519 (Monday to Friday 9 AM to 5:30 PM)
  • Email: service@paypal.com (up to 24 hours)
  • Messaging: About 1 hour
  • Social media: @AskPayPal (Twitter) and PayPal (Facebook)
PayPal customer support options
About the author
Aria Mitchell
Aria Mitchell
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From Rotorua's scenic landscapes, Aria Mitchell shines as New Zealand's leading expert in localizing online casino content. Marrying Kiwi essence with global gaming insights, she's the name trusted nationwide.

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Top 3 Sports Betting Welcome Bonuses for Visa/Mastercard Payments
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When looking for a sportsbook to join, it’s vital to consider the payment options and the welcome offers available. Thankfully, most bookmakers offer debit/credit card payments via Mastercard or Visa. Even better, you’ll receive a sportsbook bonus after depositing funds and, in some cases, making your first actual money bet.

FAQ

Everything you need to know about casinos

How do I find betting sites that accept PayPal?

To find reliable betting sites that accept PayPal, you should consider looking at comprehensive lists compiled by betting experts. BettingRanker, for instance, offers a curated list of top-rated betting sites that accept PayPal. This resource is invaluable for beginners as it not only shows which sites accept PayPal but also provides insights into their reliability, betting options, and overall user experience.

Can I make deposits and withdrawals using PayPal on betting sites?

Yes, you can make both deposits and withdrawals using PayPal on many betting sites. It's one of the most convenient and widely accepted payment methods for online betting. To deposit, simply choose PayPal as your payment option, enter the amount, and log in to your PayPal account to confirm the transaction. Withdrawals are similarly straightforward, though processing times may vary depending on the site.

Is it safe to use PayPal for online betting?

Absolutely, using PayPal for online betting is considered very safe. PayPal employs advanced encryption technology to protect your financial information. Additionally, it offers fraud protection and monitors transactions 24/7 for any suspicious activity. This makes it one of the safest payment methods for online betting enthusiasts.

Are there any fees associated with using PayPal on betting sites?

While PayPal itself might charge fees for certain transactions, many betting sites do not impose additional fees for deposits or withdrawals made through PayPal. However, it's always a good idea to check the specific betting site's policies on transaction fees as well as PayPal's own fees for moving money to and from your bank account.

What types of games and bets can I place on betting sites that accept PayPal?

Betting sites that accept PayPal typically offer a wide range of betting options. This includes sports betting on popular games like football, basketball, and tennis, as well as horse racing, esports, and even virtual sports. You can place various types of bets, such as single bets, accumulators, and system bets, depending on the site's offerings.

How long do PayPal transactions take on betting sites?

PayPal deposits on betting sites are usually instant, allowing you to start betting right away. Withdrawals, however, may take anywhere from a few hours to several days, depending on the betting site's processing time. It's worth noting that PayPal itself processes transactions quickly, so any delay is typically on the betting site's end.

Can I use PayPal for betting in any country?

PayPal's availability for online betting varies by country due to differing gambling laws and regulations. In countries where online betting is legal and regulated, PayPal is often available as a payment method on licensed betting sites. However, it's important to check both PayPal's policies and your local laws to ensure you can use it for betting in your location.

How do I get started with betting using PayPal?

Getting started is simple. First, ensure you have an active PayPal account with funds available or a linked bank account or credit card. Then, choose a reputable betting site that accepts PayPal (BettingRanker's list can be a great starting point). Sign up for an account, select PayPal as your deposit method, and enter the amount you wish to deposit. Once your deposit is processed, you can start exploring the betting options available on the site.

By keeping these questions and answers in mind, beginners can confidently navigate the world of online betting using PayPal, enjoying the convenience and security it offers.