Having grown to become one of the world’s largest payment processors, PayPal is now widely accepted by most online retailers and has become a firm favourite with customers everywhere. It seems the betting industry is now no different either with PayPal fast becoming more popular than credit and debit cards with online punters.

Do Betting Sites Accept PayPal?

Nowadays, all the major  betting sites accept PayPal as a legitimate method of payment. The service can be used for both deposits and withdrawals and is seen as a safe and secure way for punters to transact.

Betting Sites That Accept PayPal

Online Bookmakers	Bookmaker's Promotion	Amount	Bet Now
	Open Account Offer Bet £10 & Get £30 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.	£30	Bet now
	Bet £10 and get £30 in free bets New online customers only, min £10/ €10 stake, win only, min odds 1/2, free bets paid as 3 X £10/€10, 30 day expiry, free bet/payment method/player/country restrictions apply.	£30	Bet now

How Do I Get Started?

If you don’t already have one, you will need to set up and fund a PayPal account. Having entered your banking details and funded the account via a bank transfer, your funds will show up instantly and these can be used straight away for all sorts of online purchases, including funding your betting account.

Once your PayPal account is set up, simply select it as an option on your betting account and begin betting immediately. Although PayPal will of course take their fees for transactions, a major advantage is how quickly you can withdraw funds using this method, typically just one working day.

Advantages Of Using PayPal For Betting

Although a relatively new concept for most punters, using PayPal for betting transactions is very advantageous both because of its convenience and also its security.

PayPal allows for betting customers to more easily withdraw winnings or deposit funds to their accounts, while also offering customers who choose this payment method their renowned transaction security, something which should not be underestimated by punters.

Here are some of the better online firms currently accepting PayPal for betting deposits and withdrawals:

Bet365

Bet365 have done more than most to move the game of online gambling on in recent years, especially in the UK market. Started in England from very humble roots, the firm has grown into a worldwide betting giant and its promotions and offers are pretty much unrivalled. They also offer 100% first deposit bonus for new customers.

Easy deposits, big bonuses, cash-outs, live streams, bet editing and many more things are available with bet365, making them probably the safest choice for new betting customers.

The markets offered on bet365 are unrivalled anywhere in the world also; down the left of their main screen you will find American football, Australian rules, baseball, basketball, bowls, boxing/mma, cricket, cycling, darts, e-sports, financials, futsal, gaelic sports, golf, greyhounds, hockey, horse racing, ice hockey, lotto, motor sports, rugby league, rugby union, snooker, soccer, specials, speedway, tennis, virtual sports, volleyball, winter sports AND MORE.

William Hill

One of the traditional high street big boys in the UK, William Hill has been around for over 80 years and is now desperately keen to for its online game to be strong in order to keep up with the new firms. Their bet £10 and get £30 free bet offer attracts new customers.

In the world of the betting office, they still stand with Ladbrokes at home as by far and away the biggest bookmakers but online, it’s harder for them to compete. The Bet365’s of this world have stolen a march on them and William Hill’s strategy now is to offer innovative bonuses and signup deals to attract new punters.

That’s not something they have actually managed to achieve though to be honest, with better bonuses available elsewhere. One thing they have at least achieved in recent times is to add the likes of PayPal to their options for payment transactions, with their handling of it being in line with that of Bet365’s:

William Hill's Paypal Deposits:

Transaction fee: free

Process time: instant

Minimum: £10

Maximum £5,500

William Hill's Paypal Withdrawals:

Transaction fee: free

Process time: 1 working day

Minimum: £5

Maximum: £5,500

Ladbrokes

Ladbrokes, otherwise known as The Magic Sign, are one of the oldest, biggest and most trusted bookmakers on the planet.

Offering a huge range of markets and offers to punters, Ladbrokes have constantly evolved and while they still have a huge presence on the UK high street, they are now one of the biggest worldwide online firms too and their service gets better and better.

Up to £50 Free Matched Bet from Ladbrokes

TC's for F50 Multi Sports Offer:

18+. New customers only. Promo code 'F50' required. Certain deposit methods excluded. Min £/€5 on win or each-way bet excluding Tote or pools = match max £/€50 free bet. Min odds 1/2 (1.5). Bet must be made within 14 days. Free bet valid for 4 days. Free bet stake not returned. Single bets only. Free bet cannot be used on certain markets. T&Cs apply.

Their online offering overall is strong with a good interface, so them accepting a whole host of payment options is not a surprise and that of course includes the PayPal option.

Ladbrokes' Paypal Deposits:

Transaction fee: free

Process time: instant

Minimum: £10

Maximum: not declared

Ladbrokes' Paypal Withdrawals:

Transaction fee: free

Process time: up to 48 hours

Minimum: £10

Maximum: not declared

10Bet

Having been around since 2003, 10Bet may have taken a while to reach their potential but as of now they are making great advances in the online market and are looking to compete with the more established names.

Join 10Bet Now and Get £200 Sign Up Bonus

10Bet’s web presence is a good one generally and is available in 17 different languages and in over 90 countries. The firm is working hard to make their bonus structure competitive and with live streaming now offered as part of their in-play structure, their format can definitely rival some of the major players for those who like to bet live.

One of the big attractions of this firm is that they make a point of talking about how seriously they take security. With that in mind, PayPal suits them perfectly with their transaction details being thus:

10bet's Paypal Deposits:

Transaction fee: free

Process time: instant

Minimum: £10

Maximum: £50,000

10bet's Paypal Withdrawals:

Up to now, 10Bet are not offering PayPal as a way of withdrawing funds, despite this being a deposit option. Customers should contact their customer service team for more info on this.

Sportingbet

Sportingbet operates a number of services including the traditional sportsbook, virtual games and casinos too. Sportingbet now have over 2million registered online customers who can now use PayPal as transaction resource. Their £50 Welcome Offer is one of the best first deposit bonus on the market.

Sportingbet's Paypal Deposits:

Transaction fee: free

Process time: instant

Minimum: £10

Maximum: £6,000

Sportingbet's Paypal Withdrawals:

Transaction fee: free

Process time: instant

Minimum: £10

Maximum: £6,000

Coral

In recent times Coral has fallen behind somewhat out on the high street, but a link up with Ladbrokes has brought it right up to scratch online and it’s app is a thoroughly decent one. One of the reasons punters are finding it easy to use is the PayPal option for transactions. Coral offer £20 free bet for every new customer.

Coral's Paypal Deposits:

Transaction fee: free

Process time: instant

Minimum: £10

Maximum: not declared

Coral's Paypal Withdrawals:

Transaction fee: free

Process time: instant

Minimum: £10

Maximum: not declared

Stan James

Rebranded like most traditional bookmakers now to StanJames, the traditional high street firm has taken to the digital age well with their apps and online sites proving very popular, especially in the UK. Their bet £10 and get £10 free bet offer attracts new customers.

After the launch in 2012 of their “who are you with” marketing campaign, StanJames has managed to get in on the “lad culture” side of modern betting and with that has to come a modern way of transacting, including using PayPal.

StanJames' Paypal Deposits:

Transaction fee: free

Process time: instant

Minimum: £5

Maximum: not declared

StanJames' Paypal Withdrawals:

Transaction fee: free

Process time: within 24 hours

Minimum: £10

Maximum: not declared

BWIN

bwin have been on the go for over ten years now and their experience is starting to show. Sponsorship of some pretty major football teams has helped to thrust them into the public eye more, especially in Europe and they have some of the fundamentals right including offering live streaming.

bwin's main website is slick and professional as well as easy to use. Football bettors in particular are well catered for with over 500 leagues priced up in over 100 countries – the kind of market level only rivalled by the very biggest firms on the planet.

More than 20 languages and 14 currencies are supported on their platforms and on any given day there will be as many as 30,000 different bets on offer across at least 90 sports markets. The fact PayPal is used only adds to their impressive platform.

Bwin's Paypal Deposits:

Transaction fee: free

Process time: instant

Minimum: £5

Maximum: not declared

Bwin's Paypal Withdrawals:

Transaction fee: free

Process time: 2-6 hours

Minimum: £5

Maximum: not declared

What fees can I expect?

As mentioned above, the online betting firms generally do not charge a fee to deposit or withdraw funds using PayPal, though the payment system itself will of course take their fees directly from you.

PayPal’s typical fees are 3.4% and 20p on every payment made into an account, as long as it does not exceed £1,500 in a month. If you receive more than this amount, the fee changes to just 2.9% and 20p for every transaction.

Given that the 20p per transaction will not hurt a punter, online gamblers can feel free to deposit and withdraw as many times as they wish in a calendar month to and from their betting accounts, with fees of around 3% often comparing favourably to credit card transactions.