Best Paypal Betting Sites: UK Bookies that Accept Paypal
Betting guide that shows you how to use PayPal on UK betting sites, and how to fund you online betting account securely, in an instant
PayPal is the world’s most popular digital payment method with over 244 million active customer accounts. Most will be familiar with one of its founders, Elon Musk, who has gone from creating PayPal to making rockets and electric cars! But what does this have to do with sports betting?
Well, while Paypal has long been used for online shopping and payments, many online sportsbooks, online casinos, and poker sites in the UK have recently implemented this fast and secure payment system.
Where did most punters start to bet online with PayPal? Find out now!
PayPal is a good payment option for punters primarily because it’s safe. Through PayPal, you can bet online without revealing your debit card details to the bookies, and you can conveniently withdraw funds to your debit card or bank account without having to worry about having betting companies show on your bank statement. As expected, the PayPal mobile API fully integrated mobile payments with online bookmakers’ websites, so transferring money on mobile devices is easy.
Do any betting sites accept PayPal? Yes, they do!
Can I use PayPal for Bet365? Yes, you can! Bet365 is UK's top Paypal betting site. Plus, you'll be able to claim the #1 betting promo in the UK.
So let’s get you up and running…
Quickly navigate to your desired topic:
- Best PayPal Bookmakers (UK)
- Paypal Fees And Limits
- Bet With Paypal: Pros and Cons
- What Is PayPal And How Does It Work?
Best PayPal Bookmakers (UK)
Although PayPal only restarted working with online sports betting sites a few years ago, many top UK betting sites now accept the payment format.
We’ve carefully put together a selection of recommended PayPal Bookmakers that are suitable for all types of punters, regardless if you fancy wagering on horse racing or if you’re an avid football betting nut that’s always staking a few units on Premier League and Champions League matches.
Best PayPal Betting Sites UK:
Bet365 Paypal min deposit £10, min withdrawal £10, zero fees | See Bet365 Bonus | |
Betfred Paypal min deposit £5, min withdrawal £5 | See Betfred Free Bet | |
William Hill Paypal min deposit £5, min withdrawal £5 | See WH Free Bet |
Coral Paypal – min deposit £10, min withdrawal £0.01 – See Offer
888sport Paypal – min deposit £10, min withdrawal £15 – See Offer
Ladbrokes Paypal – min deposit £10, min withdrawal £0.01 – See Offer
Betfair Paypal – min deposit £1, min withdrawal £1 – See Offer
Paddy Power Paypal – min deposit £1, min withdrawal £1 – See Offer
BetVictor Paypal – min deposit £10, min withdrawal £10 – See Offer
NetBet Paypal – min deposit £10, min withdrawal £10 – See Offer
BetWay Paypal – min deposit £10, min withdrawal £10 – See Offer
BoyleSports Paypal – min deposit £5, min withdrawal £5 – See Offer
PayPal Betting UK: Fees And Limits
You’ll be charged a 2.9% fee when you use your debit card. However, you can withdraw funds from your PayPal account to a bank account with zero fees. There are no other betting fees associated.
Paypal deposit and withdrawal: The vast majority of the UK bookmakers that accept PayPal won’t charge fees when you’re depositing and withdrawing. The operator will generally pay the fees unless there’s a currency conversion occurring (which is rare), and in any case, such details are clearly specified beforehand. The leading betting companies from the UK markets won’t charge you a dime when transferring money in or out.
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If you want to bet with PayPal, then you should consider the fees that come with their contactless prepaid MasterCard:
Paypal Access card Fees
- No monthly, annual or maintenance fees
- Zero fees for online or in-store transactions
- UK cash withdrawals (£2 per withdrawal)
- Overseas cash withdrawals (£3 + 2.75% per withdrawal)
- Overseas purchases (2.75% foreign exchange fee)
- A replacement or second card on your account (£4.95)
Paypal Access card Limits
PayPal uses two types of debit cards. When you apply, they’ll choose the one the suits you best.
Standard Card Limits:
- Limit per transaction – £1,000
- Daily transaction limit – £1,000
- Weekly transaction limit – £1,500
- Daily cash withdrawal limit – £250
- Weekly cash withdrawal limit – £500
- Annual cash withdrawal limit – No limit
- Total annual limit – No limit
Full Card Limits:
- Limit per transaction – £1,500
- Daily transaction limit – £1,500
- Weekly transaction limit – £3,000
- Daily cash withdrawal limit – £250
- Weekly cash withdrawal limit – £1,000
- Annual cash withdrawal limit – No limit
- Total annual limit – No limit
Bet With Paypal: Pros and Cons
Using an e-wallet service like PayPal comes with several advantages. By linking your debit card or loading funds to your PayPal account, you’ll always be able to make payments quickly without needing to carry any cards or passwords with you. On top of that, you have the option to apply for a PayPal Access card to be able to use your account balance to pay at shops, online or withdraw real money from ATMs. PayPal gives punters total freedom and speed when moving their funds.
PayPal currently operates in more than 200 countries worldwide but is not available for use for betting in all of them. These are some countries where PayPal can be used for gambling purposes: UK, Austria, Belgium, Denmark, Finland, France, Greece, Ireland, Italy, Portugal, Spain & Sweden. More countries will be added subsequently, so feel free to check with PayPal directly to see if your country is included in this list.
All Paypal accounts are required to complete the full verification process before the user can transfer funds to a betting operator. This is because some online bookmakers that accept PayPal also allow new customers to claim welcome bonuses when depositing via PayPal, so preventing fraud becomes mandatory. This is one of PayPal’s biggest advantages over other e-wallets such as Skrill or Neteller, as using these won’t make the user eligible to claim a sign-up offer.
Also, a few top online bookmakers allow quick registration through PayPal. You can register a new betting account and make your first deposit in a matter of seconds if you agree to give PayPal the authorisation to share your personal information with the betting site, i.e. in the same way you can register on various websites using Facebook or Google.
When it comes to cashing out from the online gambling sites, PayPal’s withdrawal time is hard to beat, especially if we think about the possibility to own a prepaid bank card that will enable you to gain access to your funds lightning fast.
On the downside of things, customer support can be a problem when you have more than 244 million active accounts worldwide, so don’t expect the PayPal customer service to be rapid and straightforward.
The 2.9% fee for topping up your account balance via debit or debit card can be a pain for some punters, but then again, if you’re not in a rush, you always have the option to use the bank wire transfer method which comes with no fees.
Overall, we like PayPal’s service here at BettingInstitute. PayPal offers a quick, safe and convenient way to transfer money and wager online, as well as a fast way to withdraw your winnings.
What Is PayPal And How Does It Work?
PayPal is the oldest electronic wallet that allows users to transfer funds quickly online. Although the service is most commonly used to purchase goods, services, or subscriptions, various well-known online UK betting sites had adopted this payment method since 2015, when eBay and PayPal were split into two different companies. For the curious, there’s more on the history of PayPal, but for now, let’s move on to the essential bits.
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Opening an Account with PayPal is pretty straightforward: you’ll have to choose between personal and business subscriptions, enter basic personal information and provide an e-mail address and a phone number (both must be confirmed). Next, you’ll have to verify your account by validating a payment method, namely a debit card or a bank account. A random sum will be deducted from your account, and a code will appear on the bank statement: you’ll have to enter those details online to be completely linked up. For the safety-conscious, you can always set up two-factor authentication or even fingerprint authentication (if you’re an iPhone user) for extra security.
Once your account has been confirmed, you can initiate the deposit process from the bookies' website. You’ll have to enter the desired amount and then log in to PayPal to confirm the payment, and the sum will be deducted from your existing PayPal balance or your linked bank card within a matter of seconds.
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Withdrawing winnings through PayPal is also incredibly quick: once the respective betting site approves the request, the funds will appear in your e-wallet in an instant. You then have the option either to keep your money in the e-wallet, transfer them to a friend, or withdraw them to your debit card or bank account. It shouldn’t take more than a couple of hours for the funds to arrive!
And that’s not all…
UK residents aged 18 or over that are already using a verified UK PayPal Premier or Business account can also apply for a PayPal Access Card, which is basically a contactless prepaid MasterCard that can be used just like any other debit card to pay for stuff in shops or online or to withdraw funds from ATMs (home and abroad). All the funds are directly deducted from your PayPal account balance.
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