Paypal Betting Sites September 2024
With speedy withdrawals, ease of use, and the e-wallet acting as an additional layer of security, it’s no surprise that PayPal is one of the most sought-after payment options by UK bettors.
- Paypal
CopyBet
- Exclusive Offer
- Welcome Bonus
Full T&Cs apply. New UK customers only. The qualifying bet should be either a Single or Acca (2+ selections) bet, start at £10, have 1.9 or greater odds and must be settled within 7 days of sign-up. 5 Free bets which must be placed with a min odds of 2 include: 1 x £10 Free bet on any Pre-match Football game (single); 1 x £10 Free Bet for Horse Racing (single); 1 x £10 Free Bet for Acca (min 2 selections) Bet on any sport; 1 x £10 Free Bet for Acca (min 3 selections) Bet on any sport; 1 x £10 Free Bet for Acca (min 4 selections) Bet on any sport. Max payout – £500. 7 day expiry. To unlock the offer, complete the first deposit via the banking app (Open banking). 18+. GambleAware.com
Welcome Offer: New cust only. Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 Free Bets: 1 x £10 Horse Racing, 1 x £10 Free Bet Builder and 1 x £10 Football. 7 day expiry. Stake not returned. T&Cs Apply. Acca Club: T&Cs Apply. Promo runs Mon 09:00 to Sun 23:59. Opt-in required. 50% profit boost on 7+ Acca selections. Max stake £20. Max winnings £1,000. Up to 5 boosts per customer per week. Exclusions apply.18+ BeGambleAware.org.
Midnite
- Welcome Bonus
18+ New customers only. Bet £10+ on pre-match accas with 4+ legs, min odds 3/1 (4.0) within 14 days of sign-up. Get 4x £5 Free Bets and 50 Free Spins, valid for 7 days on selected bets and games only. Restrictions and T&Cs apply. GambleAware.org
Bet365
- Exclusive Offer
- Welcome Bonus
New Customers only Bet £10* & Get £30* in Free Bets. Sign up, deposit between £5* & £10* to your account & bet365 will give you three times that value in Free Bets when you place qualifying bets to the same value & they are settled. Free Bets are paid as Bet Credits. Min odds/bet & payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.
New UK customers only. Min £10 first deposit using Debit Card or Bank Transfer. Place a bet of £10 at min odds of 1.5 and get £10 upon settlement. Further £10 Multiple token will be credited after 24 hours and a further £5 Horse Racing Multiple token and a £5 Football Bet Builder token will be credited after 48 hours. Full T&Cs apply.18+. BeGambleAware.org.
New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.
Qualifying bet of £10 at min. odds 2.0 within 5 days of registration, E/W excluded.
Get 3 x Free Bets: 1 x £10 Football, 1 x £10 Racing, 1 x £10 Acca (Min 4 selections). 7-day expiry. New selected customers & 18+ only. Min. deposit of £10. Full T&Cs apply
Betway
- Exclusive Offer
- Welcome Bonus
*New UK customers only. Min Stake: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. 100 Free Spins on More Unusual Suspects (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. 18+ GambleAware.org. Bet the Responsible Way. Full Terms apply
Cashback is cash without restrictions. Full T&c’s apply. No Max Cashout. Gambling can be addictive. Play responsibly. T&C’s apply. 18+
Ladbrokes
- Welcome Bonus
18+ New UK+ROI Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 5x £5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.
New Players Only. Min £10 qualifying bets, stake not returned. Free bet – one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms apply. gambleaware.org #ad
18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £15 bonus, valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets no eligible.
LiveScore
- Welcome Bonus
*New members only. £10+ bet on sportsbook (ex. virtuals) at 1.5 min odds, settled within 14 days. Free Bets: accept in 7 days, valid 7 days on sportsbook only. 2x£5 Free Bets for Bet Builder only. Stake not returned. T&Cs + deposit exclusions apply. Bet Responsibly. GambleAware®. 18+
18+. Play Safe. From 00:01 on 18.10.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. www.gambleaware.org #ad
18+ New UK+IRE Customers. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 1x £20 free bet. Free bet available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply
Paypal Betting Sites
PayPal is one of the top payment methods allowing bettors to deposit and withdraw at a range of UK betting sites.
However, not all betting sites accept the e-wallet giant as a valid payment method. Check out everything you need to know and the best welcome offers from bookmakers that accept PayPal below.
Top 10 Betting Sites That Accept PayPal
UK PayPal betting sites
SBK
SBK is an app-only sportsbook that allows punters to bet on an exchange against other punters, often giving its customers access to better odds than available on usual sportsbooks. SBK allows its customers to deposit a maximum of £3000 and a minimum of £20. There is also a minimum of £20 withdrawal but a maximum of £25,000, with withdrawals processed within 1-2 business days.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £20 min / £200 max | £10 min / £5.5K max | Instant | 1-2 business days | Free |
Bet365
Bet365 is one of the most popular and famous sportsbooks in the world, so it’s not surprising that it welcomes PayPal transactions from its huge customer base. Impressively, their withdrawal processing time for PayPal is within 24 hours too, meaning punters aren’t waiting too long for their money to return to their account. With an easy to use app and great customer service, they represent a great option for punters looking to use PayPal.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £20 min / £5500 max | £10 min / £5500 max | Instant | Within 24 hours | Free |
Betfair
As you’d expect for a bookmaker as popular as Betfair, they are also one of the betting sites that accept PayPal. With a relatively speedy withdrawal processing time, this brand also lives up to its name. Deposits can only be made with linked debit cards, as Betfair does not accept credit cards. For those customers that like to know they’ll get competitive odds and strong customer service, this is a particularly good choice for your PayPal betting needs.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £7 min / £5000 max | £1 min / £7000 max | Instant | 3 hours | Free |
Kwiff
You can enjoy online betting with PayPal by playing with Kwiff, a newer bookmaker with its own unique twist on sports betting. At any point with Kwiff, you can have your odds ‘supercharged’, leaving you with huge odds on a bet you were ready to place at normal on-site odds. You may need to verify your account with PayPal on Kwiff by sending a screenshot showing your email and residential address from your PayPal account.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £10 min | £5 min | Instant | Instant | Free |
William Hill
One of our featured betting sites that accepts PayPal is William Hill. One of the longest-standing bookmakers in the United Kingdom, ‘Willy Hill’ has a very trustworthy reputation, which makes them one of the safest options when looking at Paypal bookmakers.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £5 min / £5500 max | £20 min / £10,000 max | Instant | 24 hours | Free |
888sport
One of the betting sites that takes PayPal, with deposits available in Spain, UK, Ireland, Italy, Portugal, Denmark, and Sweden, is 888sport. Popular across the globe and with competitive odds and excellent security, it’s no surprise that they are another bookmaker that we recommend when looking for betting sites that take PayPal. Do note, however, that there are slightly higher deposit and withdrawal limits available with 888.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £20 min | £15 min | Instant | 3 hours | Free |
Paddy Power
Another supremely popular bookmaker with customers in the United Kingdom are Paddy Power, thanks in no small part to their creative marketing campaigns, excellent sign-up bonuses and continued loyalty reward programs. They do offer PayPal as a payment method, although it’s worth noting that it can take up to 24 hours for withdrawals to be processed via PayPal.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £20 min | £1 min | Instant | 4-24 hours | Free |
Betfred
Betfred has become more of an online presence in recent years, having previously been focused on its in-store offerings. They offer a large array of bonuses and casino games and are a trusted name, so it’s no surprise that many punters using PayPal will opt for Betfred as their favoured online bookmaker. It is worth noting that you may have to wait some time to receive your funds if withdrawing through PayPal with Betfred, as the processing time is up to 48 hours with this brand.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £5.50 min | £5 min/£5000 max | Instant | Up to 48 hours | Free |
LiveScore Bet
LiveScore Bet is one of the newer faces in the sports gambling industry, but it is a trusted and recognisable name. Their original app has built a good reputation for live sports news. They only offer Debit/Credit cards and PayPal as payment methods, but you can use either to claim their excellent new customer offer.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £10 min/£20,000 max | £10 min/£20,000 max | Instant | Instant | Free |
JeffBet
JeffBet is one of the newest bookmakers on the online gambling scene, having only formed as recently as 2022. They have already started building a loyal customer base through their large casino options, rewards programs and easy to use sportsbook. Be wary, however, that they have set withdrawal limits of £3000 per week and £6000 per month for users with every payment method.
| Deposit Limits | Withdrawal Limits | Deposit Processing Time | Withdrawal Processing time | Transaction Fees |
| £10 minimum | Weekly max limit: £3000 | Instant | 1 Business Day | Free |
Why do Betting Sites Accept PayPal?
UK betting sites look to offer their services to as many customers as possible. One of the most popular methods of attracting additional bettors is by offering as many popular banking methods as possible.
PayPal is one of the most popular banking solutions used by bettors not only to manage their deposits and withdrawals at a betting site but to make purchases and spend money in other areas of everyday life.
With more than 2.9 million monthly active users utilising PayPal to make purchases in the UK, it makes sense for betting sites to accept PayPal for bettors looking to deposit and withdraw funds.
Key Advantages of Betting using PayPal
There is a long list of benefits associated with PayPal and accounts, which is why most bettors aim to use the e-wallet when banking at an online betting site.
Of the available pros, the speed offered by PayPal is often the main benefit that UK bettors are most appreciative of. Although deposits are typically instant, regardless of the banking method chosen, withdrawals rarely are. With PayPal, bettors can gain access to their processed withdrawals within 24 hours—saving multiple banking days compared with alternative banking methods.
The e-wallet is also incredibly simple to use. The innovative payment method is one of the favourites for bettors making a deposit or withdrawal in the UK due to their familiarity with the banking solution. Used in everyday life, PayPal is one of the friendly financial faces bettors rely on.
Another key benefit of PayPal that UK bettors look for when making deposits and withdrawals is the additional security offered by the e-wallet. As one of the top financial companies globally, PayPal ensures that all transactions are safe and secure. Not only does the company offer a range of fraud prevention measures, but it also utilises SSL encryption to avoid any potential data leaks when making deposits.
PayPal can also be thought of as an additional layer of security between the bettor’s bank details and their betting site of choice thanks to its anonymity. The betting company does not require any of the user’s personal banking information, avoiding any potential unfortunate leaks or breaches of data when using the e-wallet.
Cons of betting using PayPal
Although PayPal is typically a good solution for bettors looking to use an e-wallet when betting online, the popular service has a handful of downsides.
One of the most frustrating issues surrounding PayPal is the exclusion of the payment method when claiming new player bonuses at top UK sportsbooks. A number of top betting sites do not permit bettors to use PayPal or any other alternative banking solutions when making their initial deposit at a new site.
Additionally, bettors outside the UK may find that PayPal is not available in their country for making deposits and withdrawals with any betting site. That being said, with some bookmakers, punters in the US can now use PayPal as a banking tool when depositing and withdrawing from an online betting site in states where gambling is now legal.
Despite PayPal allowing bettors in the UK to use their eWallet when making deposits and withdrawals in the iGaming sector, not all bookmakers offer the banking method. Some betting sites are limited in the number of banking solutions that they offer. This prevents bettors from making deposits and withdrawals with PayPal – a clear disadvantage for those aiming to use the e-wallet.
Another disadvantage of using PayPal to deposit into your online account is that ‘gambling, gaming and/or any other activity with an entry fee and a prize’ are not eligible on PayPal’s buyer protection program, so do keep this in mind that you may not be protected in th
Can I use PayPal to Sign Up for Free Bet Offers?
Bettors looking to claim free bet sign-up offers may find that a number of different banking solutions are unavailable when claiming their offer.
When betting sites include banking method restrictions on a welcome bonus, bettors will often find PayPal as one of the main non-qualifying deposit options. PayPal is typically joined by Neteller, Skrill and other alternative deposit methods that will forfeit the welcome offer.
In order to avoid missing out on claiming a welcome bonus, it is recommended that bettors first thoroughly check through the terms and conditions of any welcome offer that they are looking to claim. If any restrictions on the available deposit methods are enforced, bettors can then make an effort to avoid using a prohibited banking decision. In our bookmakers’ section above, you can find the free bet restrictions for each sportsbook.
The most popular way to claim welcome offers is to use a debit card when signing up and making that first deposit. This removes all the risks of forfeiting a welcome offer when betting sites include deposit method terms and conditions.
For example, one of the current Betway welcome offers includes the following term:
- Debit Card deposits only (exclusions apply).
This means that all bettors must use a debit card to make their qualifying deposit and claim the welcome offer.
Another example can be found in the terms and conditions of the current SBK welcome bonus which states:
- Min. £10/€10 first deposit only using Debit Card or Trustly.
Again, bettors are required to use specific deposit methods when claiming the welcome offer.
How do I use PayPal on Betting Sites?
Bettors can use PayPal on a UK betting site much like they would any other traditional banking system.
The service is designed to be easy to use. Those supporting bookmakers simply offer PayPal within the standard cashier options. Bettors who do not currently possess a PayPal account can head over to the PayPal site to sign up for the e-wallet.
How to create a PayPal account
To get started with PayPal, new users should head over to the PayPal homepage before hitting the “Sign-Up” option, or select PayPal as a payment option when looking to make a purchase or deposit online.
Users can then select the type of account that would best suit them (business or personal). Next, you will need to create your own log-in details and enter the following personal information:
- Email address
- Full name
- Postal address
- Date of birth
- National ID or Passport Number
If you already have a business account, you’ll need to set up your new account with a personal email address, bank account, and credit or debit card.
Once the account has been created, new users are then able to link their bank/card information with PayPal. Alternatively, funds can be added to the eWallet by a payment method without any details saved at the site.
Once you’ve verified your email address and phone number for an added layer of security, your PayPal will be ready to use with the card details you’ve linked to your account.
Depositing Funds to a Bookmaker with PayPal
When depositing with PayPal, bettors must head to the digital cashier before choosing PayPal from the list of options.
For existing PayPal customers, the email address used to create the account should be entered alongside the amount that the user wants to add to the betting site. Following this, bettors can hit “deposit” to begin the deposit process.
Bettors should note that fees may be applied to the transaction and their PayPal account should have sufficient funds to cover additional expenses. The bookmaker will clearly note if any fees will be applied to the deposit.
Withdrawing Funds from a Bookmaker with PayPal
Similar to depositing with PayPal, withdrawing with the banking solution follows much the same pattern as withdrawing with a traditional banking method.
The majority of bookmakers in the UK will require bettors to withdraw funds with the same method used to deposit. This means that those looking to withdraw with PayPal should also ensure that their chosen deposit method reflects the e-wallet.
When bettors withdraw funds from their PayPal account, a minimum withdrawal, typically of £10, is required. Depending on the bookmaker chosen, this is also occasionally subject to fees. Bettors can find this information in the cashier of their chosen bookmakers.
What Squawka looks for in a PayPal betting site
Of the UK bookmakers that accept PayPal as a banking solution, not all are created equally.
Squawka only recommends the top UK betting sites that offer PayPal as a deposit and withdrawal method. To ensure that only the best make it through, we use a selection criterion to separate the good from the best.
Welcome offers supporting PayPal deposits
Although it may be rare, there are some betting sites in the UK that do allow bettors to deposit with PayPal on their initial deposit.
The majority of welcome offers available to new bettors looking to join a new betting site forbid initial PayPal deposits. Instead, these bookmakers and casinos prefer bettors to deposit with a debit card when claiming the welcome offer with their initial deposit.
However, not all betting sites enforce this, and a small number allow qualifying deposits to be made with PayPal. These welcome offers are fast-tracked right to the top of our recommended list.
Existing player options supporting PayPal
If new bettors are looking to sign up with a bookmaker for the long run, it’s not the welcome offer that should be gaining their attention – but rather the existing offers.
Almost all UK bookmakers offer existing players promotions to players who have been betting with them for weeks, months, or years. These promotions are among the most popular reasons for choosing any given betting site, with bonuses ranging from acca insurance and free bets to odds boosts and money-back guarantees.
However, similar to the welcome offers, bettors who want to use PayPal when bargaining with the cashier may run into trouble when trying to claim these offers. At Squawka, we don’t just check those enticing welcome offers; we also check out the remainder of the existing offers.
Those bookies offering existing offers with PayPal exclusions will quickly fall off the list of the best PayPal betting sites.
Lack of PayPal fees
One of the biggest red flags we look for as an indicator that a betting site isn’t quite up to par is the fees applied to PayPal deposits/withdrawals.
In this day and age, there is quite simply no reason that a betting site should apply an additional processing fee on top of either a deposit or worse, a withdrawal. Those betting sites that add sneaky fees to separate bettors from their hard-won cash are among some of the worst in the industry.
There’s nothing quite like a seemingly trustworthy sportsbook charging withdrawal fees to instantly change an opinion. If a betting site is charging additional fees, it’s a black mark against it.
Other key features
In addition to the PayPal-centric features of a betting site, we also look for a much broader series of pros and cons associated with a betting site.
There’s a huge amount that goes into powering the best of the bookmakers and banking is just the start. In addition to ensuring the best PayPal betting site include PayPal deposit and withdrawal support, we also evaluate the following:
- Brand reputation
- Market selection
- Odds quality and boosts
- Free bonuses
- Ease of use
Squawka ensures that all information is taken into account and evaluated before recommending any of the top PayPal betting sites.
PayPal and online betting
The history of PayPal and offering online betting is interesting with several U-turns in the e-wallet’s approach to iGaming.
In the company’s early years, online betting accounted for a large percentage of the revenue generated. Online bettors quickly identified the core benefits of using an e-wallet when depositing and withdrawing funds for online gambling and flocked to use the service.
However, following the merger with eBay in 2002, the company’s policy on allowing online gambling was changed. This was in response to issues surrounding the US legal system and additional pressure from a $10 million lawsuit that plagued the company.
As a result, PayPal prevented its users from depositing and withdrawing funds from all betting sites worldwide. However, with bettors still drawn to the concept of an e-wallet for online gaming, a market opportunity was presented and promptly filled by both Skrill and Neteller. The pair of companies offered much of the same services as PayPal with a focus on iGaming.
This pair of financial companies quickly grew and the impact did not go unnoticed by PayPal. In 2009, the company changed their policy related to online gaming once again, allowing payments to be processed in the gaming industry in the UK.
How to Keep your PayPal Account Safe when Betting
Online betting sites, especially those in the UK, offer some of the safest online platforms, thanks to strict rules and regulations enforced by the United Kingdom Gambling Commission (UKGC).
Similarly, PayPal is widely regarded as one of the safest online transfer methods. However, a number of tips can still be implemented to ensure the safety and security of the digital wallet.
Set up a strong password
It should be a no-brainer, but setting up a strong password to both your PayPal and your online betting account is the first step to increasing the safety of a PayPal account.
All online passwords should be unique, meaning that all accounts should have a different password. This prevents further distress if one password is compromised and offers an extra layer of safety between online accounts.
A strong password uses both upper- and lowercase letters, numbers, and symbols. It is also recommended that passwords be unrelated to personal lives, e.g., the name of a pet or family member. Strong passwords can be generated by internet browsers such as Google Chrome and saved in the password manager.
Set up strong security questions
In addition to utilising a strong password, PayPal users should also consider using a number of strong security questions to access their accounts.
The security questions are used when account holders forget their password, but can also be a weak point in which account entry can be forced. To prevent a PayPal account from being forcefully entered, strong security questions should be set up.
A strong security question is one that only the account holder would be able to answer. Information such as a mother’s maiden name or first school can often be easily found. A common tip is to use a random string of words as the answer to the security questions, saved in a secure location, to be used in place of a traditional answer.
Enable two-factor authorisation
PayPal account holders can enable two-factor authorisation, which requires users to enter a unique code each time their PayPal account is accessed.
This can be accessed in the PayPal account settings and gives multiple options for using the two-factor authorisation. A code can be sent to a user via text message or via the authenticator app, which can be accessed on iOS and Android devices.
Avoid phishing scams
One major downside to PayPal is the number of phishing scams that use the brand to access users’ personal details.
Although they are often easy to spot, phishing scams can be quite convincing and can catch out even the most experienced web user. Common PayPal phishing scams use email and aim to access users’ personal information in an attempt to access their accounts.
When receiving an email from PayPal or any other company to which an account is held, the first port of call is to view the email account to which the message has been sent. If the account is not an official PayPal email, it’s best to avoid clicking any links and report the email as spam.
If the email is concerning important information about your PayPal account, this can be checked by logging into the account without clicking through from the email.
Ensure recovery information is up to date
In the situation that the PayPal account must be recovered, it is much easier to do so when recovery information is entered and up to date.
The recovery information can be entered in the settings menu and allows users to add both a phone number and an email address that can be used for recovery purposes. It is important that these are kept up to date when using PayPal, as they will be incredibly valuable in saving headaches if an account needs to be recovered.
Keep your mobile devices secure
A huge amount of sensitive data is stored on a mobile device and it’s vital that access to this information is protected.
We always recommend that an access code or facial recognition be used to protect a mobile device. The PayPal app does allow for an additional layer of security with users required to enter an access code. We recommend that this code is different to the code used to open the mobile device.
Are there any e-wallet alternatives to PayPal?
A range of alternative e-wallets are often used as substitutes for PayPal, the most popular being Skrill and Neteller.
Skrill
Established in 2001, Skrill is a UK-based and founded digital wallet with the parent company of the Paysafe Group. The e-wallet can be used in more than 120 different countries, offering services in more than 40 different currencies.
The pros and cons of using Skrill are very similar to that of PayPal. One of the top benefits that bettors using Skrill will find when making deposits and, more importantly, withdrawals are the speed at which they are processed. Withdrawals can be processed faster than traditional banking methods, allowing bettors to get their hands on their cash quicker than alternative methods.
In addition to the speed of transaction, bettors using Skrill may also find exclusive promotions with betting, casino, and poker promotions available to users of the eWallet. These can be difficult to find, but they are out there when searched for!
Neteller
Founded in 1999, Neteller is an e-money transfer service popular among bettors who want to deposit and withdraw funds online.
Neteller shares the same parent company as Skrill in the Paysafe Group, one of the largest multinational online payment companies. Similar to both PayPal and Skrill, a range of benefits can be attributed to Neteller with the instant withdrawals available to the online Neteller account.
In addition to withdrawing funds to the digital Neteller account, bettors can also withdraw funds directly to a Net+ card, allowing them to use the funds immediately.
Trustly
Trustly is a Swedish company founded in 2008 that uses an open banking method to allow users to shop from their online account. Its technology is used by more than 8,000 different merchants.
With instant transactions allowing you to play quickly like PayPal and a very high level of encryption, Trustly lives up to it’s name by being safe and secure. What’s more, it continues to grow, and it is now provided in 29 European countries, alongside others from across the globe. There are no fees for banks that are supported by Trustly either.
It’s worth double-checking with your chosen bookmaker that they accept Trustly payments, however, as Trustly is not as ubiquitous as PayPal yet.
PayPal Betting Sites FAQ
Have a question about one of the top PayPal betting sites or using the eWallet as a deposit or withdrawal method? Check out our frequently asked questions (FAQ) section below where we cover the most popular PayPal questions and queries.
Can you use Paypal on betting websites?
Yes, PayPal can be used on a large number of sports betting websites, online casinos, online poker rooms and digital bingo halls in the UK.
Not all betting sites in the UK do accept PayPal as a valid banking method. This is something that can be checked in our individual betting site reviews or by the bettor at the site of their choice.
Where PayPal is not an option, bettors may find alternative eWallets available to use at a sports betting site such as Skrill.
Can you use Paypal on betting apps?
The simple answer is yes if you can use PayPal with that bookmaker on its website, but it’s worth checking the terms and conditions first.
Most bookmakers accept the same payment methods on their mobile app as they do on their website.
Will I still get my welcome bonus if I sign up using PayPal?
The welcome bonuses offered by UK betting sites often come with strict terms and conditions that bettors should note when opening a new betting account.
Of these terms and conditions, bettors will often find a restriction on the banking methods that can be used for an initial deposit. A number of welcome offers will not permit new bettors from depositing with PayPal, Skrill, Neteller and other alternative deposit methods.
Instead, when making the initial deposit, bettors should typically use a debit card to claim the offer. Once the welcome bonus has been claimed, bettors can use whichever banking methods they choose for the remainder of their time at the betting site.
Is PayPal safe?
Yes, PayPal is one of the safest banking methods that can be used when making a deposit or withdrawal at a betting site.
When using PayPal, bettors add another layer of security between the betting site and their bank account with one of the global leaders in finance acting as the buffer. The eWallet offers state-of-the-art fraud prevention, SSL encryption and an additional password-protected account.
Bettors can deposit and withdraw their funds safely with PayPal, knowing they remain safe and secure.
Are there fees when using PayPal on betting sites?
The policy regarding whether or not fees are applied when using PayPal at a UK betting site is decided upon on a case-by-case basis.
Although the majority of bookmakers and online casinos do not charge fees when bettors opt to deposit and withdraw with the popular eWallet, others may charge a small fee. As a general rule, Squawka aims to avoid those betting sites that charge a fee when banking at a betting site. There are too many great betting site alternatives to deal with processing fees.
Any potential fees applied, again, depending on the bookmaker chosen. The majority of those that do charge apply a small percentage fee whereas a small number of others may charge a flat fee for each deposit/withdrawal.
What are the max/minimum deposits when using PayPal?
Once again, the minimum and maximum deposits when using PayPal differ depending on the betting brand of choice.
As a general rule, the majority of betting sites do apply a minimum deposit value of £10 for bettors adding funds to their accounts. The maximum deposit can be as much as £20,000, but this information can be verified with the bookmaker of choice before signing up and making that first deposit.
What are the max/minimum withdrawals when using PayPal?
Bettors who deposit with PayPal often find that the betting site requires a withdrawal using the same banking method.
The minimum withdrawal made with PayPal will typically match the minimum deposit value. For example, if the minimum deposit required with the eWallet is £10, the minimum withdrawal will also be £10.
The maximum withdrawals made by PayPal will, similar to the minimum, also often match the deposit values. For example, if a betting site has a maximum deposit value of £20,000, the maximum withdrawal will often mirror this and also be quoted at £20,000.