Decades ago, punters and betting companies had to face the hurdle of making financial transactions physically. That was before the internet and online payment systems became the norm. Even now, most online payment systems are quite slow and can be frustrating when you’re trying to place live bets or need to withdraw your winnings urgently.
Delayed financial transactions are a relatable story to every punter, and bookmakers have been trying to solve this for years through several means, including card and bank payments. The solution seems to have finally arrived with the advent of Paypal betting sites.
Brief Introduction to Paypal
Paypal is an international financial service provider that allows customers to make and receive payments free of charge through an e-wallet. The finance company operates across the US and Europe, offering instantaneous payment options to punters worldwide.
The primary reason for Paypal’s popularity in electronic payments is the flexibility it offers. Paypal wallet owners can easily switch between currencies, making it ideal for betting on offshore websites.
Another interesting feature of using sports betting Paypal account is that you only need an email address to register. This is commendable as it reduces the personal information you have to disclose to bookmakers when making payments. Your funds and personal details are also secured via SSL encryption, reducing the risk of losing your winnings to fraudulent bookmakers.
Perhaps most fascinating about using the betting Paypal payment option is the absence of fees. Unlike regular payment options like bank transfers and card payments, no deductions are made to your account when you make deposits and withdrawals via Paypal. Since launching its e-wallet in 1998, the company has repeatedly invested in making online financial transactions easier for its customers and bookmakers that accept Paypal.
What Betting Sites Accept Paypal Payments?
While Paypal is a reputable payment platform, its services are not available in all countries. For this reason, many punters may find it difficult to discover Paypal betting sites. To ease your search for bookmakers with sports betting Paypal access, we’ve created a list of the best bet online Paypal websites. These bookmakers are available in several countries, regardless of your continent, and offer fast payouts and deposits.
1. William Hill
William Hill is one of the more popular betting destinations in the UK and Europe, providing punters with real-time betting opportunities and scarce markets like horse racing, live casino, poker games, and bet builders. The European betting giant also enables instantaneous payouts and withdrawals via its William Hill Paypal feature. This feature lets you fund your betting account without inputting your card details online. In addition to the enhanced safety, the William Hill Paypal option is also free and instant.
Though headquartered in Cyprus, Betwinner is originally Russian and covers many markets, from sports betting to casinos and eSports. The bookmaker began operation in 2018 with the objective of bringing the largest collection of betting markets to punters worldwide. Unlike most of its peers, Betwinner operates across Europe, Africa, and Asia.
With fast payouts and deposits, the bookmaker ensures the fun doesn’t stop thanks to its Betwinner Paypal payment option. The service is free to all customers as Paypal charges its fees to the operators. Betwinner Paypal is also safe and secure, as Paypal requires all operators to have high-level encryption standards to use its platform.
Other notable bet online Paypal websites include 1xBET, 22BET, Sportingbet, and bet365. You can find more details about Paypal betting sites here. Whichever bookmaker you choose, it is essential to read their terms and conditions as some have minimum deposit amounts for Paypal users.
How to Open a Paypal Account
Opening your Paypal account is very easy and can be done in the following steps.
- Download the Paypal application on your Android or iOS device. You can also visit the Paypal website to create your account.
- Enter the relevant identification details, including your phone number and email address.
- Confirm your email address and click continue.
- Paypal will set up your e-wallet immediately.
Once your e-wallet has been set up, you can put funds in it through your debit card or by receiving payments from another Paypal user or by withdrawing from your betting account. It is essential to always have funds in your Paypal account, so you don’t have to enter your card details on the bookmaker’s website. Paypal also allows you to create multiple currency wallets on your accounts and issues your debit and credit cards that you can use to shop or make payments on other websites.
Lisa has a Bachelor’s of Science in Communication Arts. She is an experienced blogger who enjoys researching interesting facts, ideas, products, and other compelling concepts. In addition to writing, she likes photography and Photoshop.