Best 10 Sports Bettings with PayPal 2023

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.

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 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.

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.

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)

Best Bookies accepting PayPal