Updated: 26.08.2025
Today, there is no doubt that PayPal is the leading online payment platform. However, it was originally founded in 1999. For many years, it has been a popular method for processing global transactions. Today, it is also a popular method for depositing and withdrawing funds from betting sites. Its speed, convenience and ease of use (compared to other real money online payment platforms) have led to an increasing number of players registering with bookmakers that accept PayPal. In this article, we will detail the benefits of using PayPal for online sports betting, as well as some of the potential fees you may encounter.
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MIN. deposit : 5 Free daily odds boost Highly prestigious brand |
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| 18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply, | |||||
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MIN. deposit : 10 Wide range of offers Price boosts each day |
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| £10 min deposit using promo code 200BONUS • The bonus will be applied once the full deposit amount has been wagered at least twice with cumulative odds of 1.50 or greater • To withdraw any winnings from your bonus, you must wager the bonus amount at least 5 times • All deposit and bonus wagering requirements must be completed within 60 days • This offer may not be combined with any other offer • Wagering limit of £50 per bet Applies • Restrictions apply to withdrawals, payment methods and countries & full T&Cs apply. | |||||
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MIN. deposit : 5 Extra places and BOG Correct4 football game |
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| 18+ Eligible UK+IRE players. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 4 days, stake not returned. No cashout, restrictions + T&Cs apply. | |||||
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4
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MIN. deposit : 10 Very well-regarded bookie Fantastic range of offers |
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| For new customers only - Bet £10 & Get £50 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. | |||||
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5
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MIN. deposit : 10 Innovative social features Free soccer betting tips |
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| New UK, IE & Malta users only. Min. £10/€10 first deposit only using Debit Card or Trustly. Free bets expire in 90 days. T&Cs apply. | |||||
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MIN. deposit : 10 Outstanding track record Fixed odds & spread betting |
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| Don’t miss our exclusive World Cup offers for new and existing customers. Terms apply. Full details available here. | |||||
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MIN. deposit : 10 Excellent track record New Bet Boost each day |
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| New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. See full terms below. | |||||
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MIN. deposit : 30 Specialise in horse racing Boost on football accas |
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| 21+, new UK + IRE members only. Min deposit £10. Singles, win part of e/w or multiples at odds of evens (2.0) or greater qualify. The Free Bet must be placed at odds of 1/2 (1.5) or greater. Free bets expire in 7 days. The Free Bet stake is not included in the returns . Additional T&Cs apply. Bet responsibly. | |||||
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| 18+ New Customers opt in, bet £5 & get 2x £10 Free Bets for set events (odds 2.00+) + £10, Slots Bonus, selected games, 35x wagering to withdraw max £250. Bonuses expire in 7 days. Card Payments only. T&Cs Apply | BeGambleAware®: Gambling Help & Gambling Addiction | BeGambleAware | Please gamble responsibly | |||||
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10
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| New customers only. Max one free £15 bet. Qualifying bets must be placed at odds of 1/1 (2.0) or greater. Paid as bonus token with min 4/5 (1.80) odds req. Skrill, Neteller & PayPal not eligible. T&Cs apply. 18+ | |||||
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MIN. deposit : 10 Deep in-play section Widespread racing streams |
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| *New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org | |||||
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MIN. deposit : 10 Increasingly popular site Free bet refunds on racing |
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| 18+ begambleaware.org; New bettors get 50% of deposit up to £50; Once per household; Min deposit £15 (no Skrill/Neteller); Wager a total of 8 times deposit + bonus, with max qualifying bet stake equal to your initial bonus amount; Bonus expires after 60 days; Min odds of 4/5 on singles, or 2/5 per leg for acca; Some bet types excluded; See full terms; See full terms; Terms apply; 18+ | |||||
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MIN. deposit : 5 Famous Free Bet Club #BetYourWay for football |
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| New UK customers only. Min Deposit: £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. Debit card deposits only. This is offer is valid for 7 days from your new account being registered. 18+ BeGambleAware.org Full terms apply. | |||||
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MIN. deposit : 10 Boosted specials on football Various free bet offers |
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| Get a Free Bet up to £35 based on 50% of your first days losses plus 10 Free Spins! UK 18+ T&C's apply. | |||||
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MIN. deposit : 10 Money-Back football deal Exceptional mobile apps |
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| Terms apply | |||||
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MIN. deposit : 10 Acca protection & boosts Wide range of deals |
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| 18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £15 bonus, valid for 14 days, bets must be placed at a min. odds of 1/1 (2.00) or greater and be settled within 14 days of placement. System bets no eligible. Full T&Cs apply | |||||
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MIN. deposit : 10 New specials bets each day Multiple acca promotions |
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| New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply.**18+. Opt in. UK/IRE customers only. Max refund £/€20. Win or win part of e/w outright singles only. 5 or more runners. 1st bet on each race. Free bet expires after 7 days. Free/void/antepost bets don’t qualify. T&Cs apply | |||||
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| 18+ New Customers only. Deposit, opt in and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days. Plus a £10 Game Show Bonus, selected games, wager 40x to withdraw a max of £250. PayPal and Card Payments only. Geographical Restrictions and T&Cs Apply, See Below. Please Gamble Responsibly. | |||||
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| New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply. Terms & Conditions Apply | |||||
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| 18+, Welcome Bonus: New Players only. Valid on 1st deposit only. Min Deposit £10. Max Free Bet £40. Min turnover of £20 must be placed at odds of 1/1 or greater, and settled within 14 days of placement. System bets not eligible. PayPal, Skrill and Neteller deposits not eligible for promotion. Click to see full T&Cs | |||||
888Sport, one of the popular bookmakers that accepts PayPal, allows its customers to use the online payment platform to both deposit and withdraw funds from their sportsbook. By using PayPal, you'll not only have a convenient way to manage your money at 888Sport, but you'll also have a way to do it without any annoying fees.
The terms of PayPal at Paddy Power ensure that their customers can use this banking method for both deposits and withdrawals. You can deposit funds with PayPal at Paddy Power from a minimum of £10 to a maximum of £10,500, making it a very attractive option for high rollers who want to use this banking method to play at their site. Meanwhile, you can also withdraw funds from Paddy Power using PayPal, and if you do, they guarantee that your withdrawal will be processed within a window of 4-24 hours. However, in most cases it is almost instant.
Ladbrokes caters to punters who want to use PayPal to deposit and withdraw funds. They allow deposits as low as £10 and the maximum is £5,500. Transactions are processed instantly and there are no fees. Also, if you fund your account with PayPal and you're a new user at Ladbrokes, you can claim their welcome bonus. This is in contrast to some other PayPal-friendly bookmakers who don't offer this incentive.
Bet365's PayPal terms allow deposits from as little as £10 all the way up to £5,500. PayPal deposits at Bet365 are instant, with no fees, while withdrawals are processed within 24 hours. PayPal impose the same limits on their customers for both deposits and withdrawals, meaning that those using them at Bet365 can enjoy the full range of services, including live streaming, cashing out and in-play betting.
Another bookmaker that offers PayPal as a banking option is William Hill. At William Hill, deposits via PayPal start as low as £10 and we can transfer up to £5,500 from our accounts to yours. PayPal is an instant deposit method, hassle free for punters as there are no holds on any of our deposits. PayPal is equally good for withdrawals, with a 24 hour timeframe as to how long we can expect our accounts to be funded after we request a withdrawal.
Players wishing to deposit using PayPal can do so in amounts ranging from £5 to £5,500, putting them on par with many of their closest competitors. PayPal deposits at Betway are instant, while withdrawals can be made via PayPal on both desktop and mobile. Along with their generous £30 free bet welcome bonus and range of sports markets, Betway is undoubtedly one of the leading PayPal betting sites around today. ⭐Visit Betway >>
One of the leading PayPal gambling sites, Betfred allows both minimum and maximum deposits that are well within the realm of possibility for most online bettors. PayPal deposits at Betfred are allowed for amounts ranging from £5 to £15,000, and there are no service fees for either deposits or withdrawals. PayPal is what PayPal does, and that means no fees. So how much can you withdraw? Betfred allows PayPal withdrawals for a range of amounts similar to the range for deposits: £5 to £5,000.
Unibet accepts PayPal for both deposits and withdrawals. You can deposit from as little as £10 and you can deposit up to £10,000. There are no fees and deposits are processed instantly. The average processing time for PayPal withdrawals is 12 hours. However, at Unibet, in order to withdraw using PayPal, you must have already made a successful deposit using the same method. This is very similar to the way most bookmakers work with PayPal.
Coral has a small number of e-wallets, including PayPal. Of these, deposits can be made from a minimum of £10, and with PayPal, processing is instantaneous. We have absolutely no information from Coral on how to withdraw your funds using this method, as the bookmaker would prefer you to log into your account and find out for yourself. We can only assume that with PayPal, as with the other methods, the minimum amount to withdraw is £10. ⭐Visit Coral >>
PayPal is an accepted payment method at BetVictor, one of the online bookmakers. You can deposit from as little as £10 and up to £5,500 if you feel like it. They also take care of your withdrawals. PayPal withdrawals here should be completed within 24 hours, and you will not incur any fees when you do this with PayPal.
Like all payment methods, PayPal has its pros and cons. However, we are happy to report that the pros definitely outweigh the cons at PayPal betting sites in the UK. Bookmakers that accept PayPal tend to offer fast, reliable and easy to use deposits and withdrawals. With that said, let's take a look at the most important aspects of PayPal.
Ease of Use - First and foremost, PayPal is extremely easy to use. Using PayPal to place bets can be accomplished in a matter of minutes. First you need to register with the PayPal e-wallet. Then select PayPal as your payment method when using it with your unibet.com account. Log into your e-wallet by entering your PayPal account details. Now you can use PayPal to fund your betting account at unibet.com!
Security - Bookmakers that accept PayPal don't require any personal financial information to process payments. There is no need to provide your bank or card details when depositing into your betting account. In addition, PayPal operates under a license from the Financial Conduct Authority, which is your assurance that the service is reliable and secure.
Limits - The limits set by PayPal betting sites should satisfy even the most demanding punter. You can start by depositing either £5 or £10, but your maximum deposit amount can range from £5,500 to £10,000, depending on where you choose to play. The minimum you can withdraw is £10 and again the maximum in this industry is around £10,000.
Trustworthiness - PayPal has been around since 1998. The online payment provider has an excellent reputation, as evidenced by the many online bookmakers that now accept it. PayPal is 100% trustworthy and their e-wallet has everything in place to ensure that all user data is secure at all times.
Speedy transactions PayPal's speed is one of its most attractive features. When you use PayPal to make a payment for online sports betting, you can be almost 100% sure that your payment will be processed in a matter of seconds. If you're trying to make a deposit at a sports book with PayPal, there's really no other method that can touch it. Similarly, if you're cashing out and using PayPal, the wait time is usually no more than a day, and often much less.
Anonymity - Instead of your chosen bookmaker appearing on your bank statement, PayPal is listed instead. This is ideal for anyone who wants to keep their gambling under wraps. Yes, information will show up on your PayPal account, but for most people that's not a big deal.
Credit Card - You can now apply for a credit card through PayPal. You earn cash back on every purchase and the card comes with no fees.
Fees - While UK PayPal betting sites generally cover all costs, punters may have to pay small fees from time to time. Bookmakers charge different fees, and most of them come into play when punters try to withdraw money from their sportsbook accounts.
Suspended Accounts - If a PayPal account is not verified or has inconsistent information, it may be suspended. Users will not be able to process transactions. This can be for varying periods of time, but it will obviously prevent users from processing transactions.
Bonus Payment Restrictions - Opening deposits made through PayPal are unlikely to qualify for a welcome bonus. Most bonus terms and conditions state that a debit card deposit is required. So players may need to avoid PayPal right after signing up with a new bookmaker.
Newly established betting sites can attract customers in a variety of ways, and one of those ways is by offering popular payment methods. Today, PayPal is one of the most popular options for punters, and bookmakers who don't offer it could be missing out on some serious business. We've dug into the payment methods of some of the newest bookmakers in the UK, and here are a few of them that accept PayPal.
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1
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MIN. deposit : 5 Free daily odds boost Highly prestigious brand |
|||
| 18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply, | |||||
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MIN. deposit : 10 Wide range of offers Price boosts each day |
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| £10 min deposit using promo code 200BONUS • The bonus will be applied once the full deposit amount has been wagered at least twice with cumulative odds of 1.50 or greater • To withdraw any winnings from your bonus, you must wager the bonus amount at least 5 times • All deposit and bonus wagering requirements must be completed within 60 days • This offer may not be combined with any other offer • Wagering limit of £50 per bet Applies • Restrictions apply to withdrawals, payment methods and countries & full T&Cs apply. | |||||
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MIN. deposit : 5 Extra places and BOG Correct4 football game |
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| 18+ Eligible UK+IRE players. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 4 days, stake not returned. No cashout, restrictions + T&Cs apply. | |||||
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MIN. deposit : 10 Very well-regarded bookie Fantastic range of offers |
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| For new customers only - Bet £10 & Get £50 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. | |||||
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MIN. deposit : 10 Innovative social features Free soccer betting tips |
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| New UK, IE & Malta users only. Min. £10/€10 first deposit only using Debit Card or Trustly. Free bets expire in 90 days. T&Cs apply. | |||||
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MIN. deposit : 10 Outstanding track record Fixed odds & spread betting |
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| Don’t miss our exclusive World Cup offers for new and existing customers. Terms apply. Full details available here. | |||||
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MIN. deposit : 10 Excellent track record New Bet Boost each day |
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| New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. See full terms below. | |||||
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MIN. deposit : 30 Specialise in horse racing Boost on football accas |
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| 21+, new UK + IRE members only. Min deposit £10. Singles, win part of e/w or multiples at odds of evens (2.0) or greater qualify. The Free Bet must be placed at odds of 1/2 (1.5) or greater. Free bets expire in 7 days. The Free Bet stake is not included in the returns . Additional T&Cs apply. Bet responsibly. | |||||
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| 18+ New Customers opt in, bet £5 & get 2x £10 Free Bets for set events (odds 2.00+) + £10, Slots Bonus, selected games, 35x wagering to withdraw max £250. Bonuses expire in 7 days. Card Payments only. T&Cs Apply | BeGambleAware®: Gambling Help & Gambling Addiction | BeGambleAware | Please gamble responsibly | |||||
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10
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| New customers only. Max one free £15 bet. Qualifying bets must be placed at odds of 1/1 (2.0) or greater. Paid as bonus token with min 4/5 (1.80) odds req. Skrill, Neteller & PayPal not eligible. T&Cs apply. 18+ | |||||
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MIN. deposit : 10 Deep in-play section Widespread racing streams |
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| *New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org | |||||
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MIN. deposit : 10 Increasingly popular site Free bet refunds on racing |
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| 18+ begambleaware.org; New bettors get 50% of deposit up to £50; Once per household; Min deposit £15 (no Skrill/Neteller); Wager a total of 8 times deposit + bonus, with max qualifying bet stake equal to your initial bonus amount; Bonus expires after 60 days; Min odds of 4/5 on singles, or 2/5 per leg for acca; Some bet types excluded; See full terms; See full terms; Terms apply; 18+ | |||||
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MIN. deposit : 5 Famous Free Bet Club #BetYourWay for football |
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| New UK customers only. Min Deposit: £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. Debit card deposits only. This is offer is valid for 7 days from your new account being registered. 18+ BeGambleAware.org Full terms apply. | |||||
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MIN. deposit : 10 Boosted specials on football Various free bet offers |
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| Get a Free Bet up to £35 based on 50% of your first days losses plus 10 Free Spins! UK 18+ T&C's apply. | |||||
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MIN. deposit : 10 Money-Back football deal Exceptional mobile apps |
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| Terms apply | |||||
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MIN. deposit : 10 Acca protection & boosts Wide range of deals |
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| 18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £15 bonus, valid for 14 days, bets must be placed at a min. odds of 1/1 (2.00) or greater and be settled within 14 days of placement. System bets no eligible. Full T&Cs apply | |||||
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MIN. deposit : 10 New specials bets each day Multiple acca promotions |
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| New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply.**18+. Opt in. UK/IRE customers only. Max refund £/€20. Win or win part of e/w outright singles only. 5 or more runners. 1st bet on each race. Free bet expires after 7 days. Free/void/antepost bets don’t qualify. T&Cs apply | |||||
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| 18+ New Customers only. Deposit, opt in and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days. Plus a £10 Game Show Bonus, selected games, wager 40x to withdraw a max of £250. PayPal and Card Payments only. Geographical Restrictions and T&Cs Apply, See Below. Please Gamble Responsibly. | |||||
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| New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply. Terms & Conditions Apply | |||||
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20
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| 18+, Welcome Bonus: New Players only. Valid on 1st deposit only. Min Deposit £10. Max Free Bet £40. Min turnover of £20 must be placed at odds of 1/1 or greater, and settled within 14 days of placement. System bets not eligible. PayPal, Skrill and Neteller deposits not eligible for promotion. Click to see full T&Cs | |||||
SBK SBK is a betting application from Smarkets. It works on mobile devices and allows users to bet whether they are on iOS or Android systems. The bookmaker welcomes new users with a risk-free bet of up to £20. For existing users, SBK places a strong emphasis on the social side of mobile betting.
Gatobet - Founded in 2019 by Progress Play Limited, Gatobet serves as a viable option for individuals looking for a simplified sportsbook. While Gatobet accepts PayPal, it also offers its customers an extensive selection of over 30 different sports to choose from.
Mr Play - Online casino gaming is where Mr Play has made a name for itself, but in 2019 this brand has launched a sportsbook. Full of markets, promotions and extra features, the Mr Play betting platform is as safe as it gets thanks to a license from the Gambling Commission.
STS - If you are looking for a modern online bookmaker, look no further than STS. With daily price boost offers, ACCA insurance, and a very generous welcome bonus, both new and existing customers of STS are definitely well taken care of. STS is also launching in the UK market in 2019.
To deposit funds using a betting site, we will use Ladbrokes as an example. This step-by-step tutorial must be followed after you have set up a PayPal account.
1.Enter the Ladbrokes website or mobile app.
2.Log in to your account using your username and password.
3.Click or tap on the DEPOSIT option.
4.Select PAYPAL as your preferred method of banking.
5.Enter the amount in wihch you wish to deposit.
6.Confirm your decision.
7.Enter your PayPal account details once redirected.
8.Confirm your decision to deposit via PayPal.
There are so many bookmakers nowadays that accept PayPal, that the question of whether you can use it has almost become irrelevant. The question now is really more about where you should use PayPal to fund your betting. When it comes to that decision, it is not just about looking at the deposit and withdrawal limits. Most experienced punters also consider a few other real important factors.
You can choose a betting site that aligns with your playing style. Don't just go after the sites that offer the biggest deposit bonuses. Weigh all these factors, and look for the site that suits you.
One of the most popular e-wallets, PayPal is not the only option available to bettors in the UK. To really understand what makes it unique (and what makes the alternatives unique as well), let’s pay a little comparative attention to the PayPal experience versus the experiences you get with some of its main competitors.
Speed and safety continue to be PayPal's number-one selling points. White deposits are processed instantly, withdrawals usually land within hours, and you never share your card details with the bookmaker. For players who value black-and-white anonymity on bank statements, PayPal is unmatched.
Bonus offers sometimes don’t apply to PayPal transactions, and withdrawing cash can take a while if you use a debit card—you have to wait five to seven days for the bank to process the withdrawal. If you use a Skrill or Neteller account, you might get your cash a little faster, but those electronic wallets don’t work everywhere and come with some hefty fees.
All things considered, PayPal is the best overall method for most UK bookmaker transactions. It balances three super important qualities—trust, speed, and acceptance—that we want in an online payment method. But serious punters often keep a second method of payment on hand, just in case. And that second method is usually either a debit card or some other kind of e-wallet.
Utilizing PayPal for placing bets on sports can be clear-cut, but seasoned betters are aware of several tips and tricks that help them fully capitalize on its advantages.
You can follow these practices to avoid the pitfalls most new players encounter and get the most out of PayPal.
Many people will already know how PayPal works, but it is important to understand the different ways that PayPal is used in online gambling. With PayPal, you have the ability to both fund your online sports betting account and request cash withdrawals from such accounts. One of the absolute best things about using PayPal in this way is that you, the player, are not required to deposit either your bank account or your debit/credit card details with the online bookmaker itself.
You must select PayPal as your preferred payment method before you can make a deposit, but once you do, it's instant. Withdrawing your winnings to PayPal doesn't take much longer - most of the time you'll get your money back in less than 24 hours.
Betting sites that accept PayPal usually don't have any fees to worry about. You can make deposits and withdrawals without any fees. The only potential fees you may incur are if your account is inactive for an extended period of time.
Creating a PayPal account can be done in minutes. New users will want to have all the information they need at hand, though, since you can't stop halfway through and come back later. Signing up can be done on either a desktop or mobile device. Here we outline the super simple process. All you need to do is: 1. Go to the PayPal website or open the app; 2. Click "Sign Up"; and 3. Fill out the easy-to-understand form. After that, you're ready to go!
Betting online with PayPal is very safe for a number of reasons. The first is that it uses SSL encryption technology to make sure that no unauthorized people get their hands on anything they shouldn't. This is good, solid, accessible technology that most online businesses use, but it's especially nice to see it at PayPal because PayPal is more than just a payment processor; it also serves as an identity manager of sorts. If you have a PayPal account, you can safely use it to place bets at sites that also accept PayPal.
While PayPal is a top payment option for bettors, it's not for everyone. It is worth taking a look at the other options available.
The majority of PayPal gambling sites will also accept the following payment methods:
In 1988, entrepreneurs Peter Theil and Max Levchin founded PayPal, a platform originally known as Confinity. Based in California, they developed the first version of their electronic payment system in 1999. They sold their company to eBay in 2002. Then, in 2007, they launched a partnership with Mastercard, and by that time, PayPal had generated nearly $2 billion that year. By 2010, PayPal had more than 100 million users in 25 different currencies. In 2011, they started accepting payments in online stores. The company now operates out of Luxembourg, Singapore and other major cities.
As you will have noticed from this page, there has been a recent upsurge in the number of PayPal bookmakers, with this online payment system providing a safe, convenient and efficient means of depositing and withdrawing funds. With that said, in terms of demand, we're well past the "existing" stage for this method of banking, with the number of trusted bookmakers now accepting PayPal on a noticeable rise.
An enormous number of betting sites now accept PayPal. Some of the very best betting sites that accept PayPal can be found on this page, and in this day and age it is almost a challenge to find a betting site that does not accept it.
Absolutely! One of the reasons people prefer PayPal is its security. PayPal is brimming with all the necessary security protocols, and the e-wallet is approved by none other than the Financial Conduct Authority.
Withdrawing funds from PayPal is simple. Once you have transferred your winnings from your betting account to PayPal, click the "Transfer" button. Then select your preferred bank account before confirming the transaction. Withdrawals usually take a few hours.
For anyone considering using bookmakers that accept PayPal, it's important to be aware of potential fees. Sure, some deposits and withdrawals may have small fees - typically around $5 - that you have to pay to complete a transaction. The good news? In most cases, and for most of us, the vast majority of PayPal transactions are processed quickly and without a hitch. And PayPal doesn't charge us for processing them.
No, but the majority do. Now synonymous with the online betting industry, PayPal is one of the leading payment methods at betting sites in the UK. If you want to use it at a betting site, you won't have much trouble finding a place to do so.
PayPal minimum deposits range from $5 to $10. Again, the choice is entirely up to the bookmaker and PayPal has no say in the matter.
The maximum deposit amount ranges between bookmakers that accept PayPal. However, it is likely to be between £5,500 and £10,000.
