Best PayPal Betting Sites UK - 2022

Pros and Cons of PayPal Betting Sites

PayPal needs little introduction. It’s the obvious choice for many people who enjoy sports betting, but is it the perfect payment method for you? We’ve pulled together the pros and cons of using PayPal at betting sites to help you decide.

A Closer Look at PayPal

Even if online betting with PayPal isn’t something you’ve done before, chances are you’ve already used PayPal in other capacities, or heard of it at the very least. The e-wallet rose to prominence as a result of its popularity with eBay users and is now a household name.

As of 2021, PayPal operates in more than 200 countries, supports 25 currencies and has over 400 million active, registered users around the globe. All things considered, it’s safe to say PayPal is one of the most reputable payment method providers available online today. It’s for this reason that betting with PayPal is so popular at many of the best betting sites.

Making a PayPal Deposit

Whether you like a bit of esports betting or enjoy creating ambitious accas for football markets, you’ll want an easy way to fund your account – and that’s exactly what PayPal is. Once your chosen sports betting site has verified your identity, you’ll be able to instantly deposit using PayPal in just a few steps. Of course, before you get started, you’ll need to register with PayPal. A personal account can be created in just a few minutes – all you need to share is your name, address, phone number and email address. As far as deposit methods for online betting goes, it’s certainly not complicated.

PayPal Betting Site Withdrawals

Let’s take a look at how PayPal withdrawals work at sports betting sites.

Withdrawing with PayPal at an Online Betting Site

The exact processing time for making a PayPal withdrawal can vary between betting sites, but it will look something like this:

1. Use your username and password to log in;
2. Click the cashier button;
3. Select the withdraw option;
4. Type in your withdrawal amount;
5. Choose PayPal as your withdrawal method;
6. Submit your withdrawal request.

Make a PayPal Deposit and Claim your Bonus

All of the best PayPal betting sites offer a variety of bonuses and promotions. While a welcome bonus is the offer of choice when it comes to attracting new customers, the UK’s top sports betting sites also boast an array of promotions for returning customers, ranging from free bets offers, enhanced odds and money back if your first bet loses. These kinds of promotions are often used to promote a big sporting event, such as the start of the Premier League, or high profile boxing bouts. 

At most UK betting sites, you simply need to sign up and make a qualifying first deposit or wager to claim the welcome offer, but some require a promo code. You can count on our sportsbook reviews to point you in the right direction when it comes to claiming your offer.

Bonus Terms and Conditions

It’s important to read the bonus small print before you sign up to claim your reward, as terms and conditions apply to every sports betting deal. Most betting offers require a minimum deposit, while others set minimum odds and market restrictions. There are also usually caps on how much you can win, expiry dates on offers and promotions, and some bonus winnings are subject to wagering requirements. Significant terms and conditions are always clearly outlined at Compare.bet.

If you’re interested in playing online casino games as well as betting, make sure you choose the right sign-up offer. At gambling sites with a shared wallet (where you can play all their products under a single account), you may not be eligible for a new customer casino bonus if you already claimed a new customer free bet. With casino bonuses often being larger, it’s one worth considering before you join.

Bet on the Go with a Mobile PayPal Betting Site

Convenience is part of what makes PayPal so appealing, and the ability to pay and play on your mobile device only adds to this convenience. In Q4 of 2018, mobile payments represented a staggering 41% of PayPal’s total payment volume, which goes to show that it’s a firm favourite for consumer money transfers.

Pretty much every PayPal sports betting site has a mobile-friendly website, which makes it easy to bet on sports with this popular e-wallet whenever and wherever. However, the very best PayPal bookies go one step further with mobile betting apps. These apps make for an even better betting experience. With a mobile betting app, you can navigate from your home screen to your betslip in just a couple of taps. You can also take advantage of push notifications to stay in the loop on the latest promotions and odds offers.

Try One of 2022’s New PayPal-Friendly Bookies

PayPal is already a widely accepted payment method at the UK’s top online betting sites, but what about the newest bookies on the market? While brand new betting sites may have to earn their reputation before they can accept PayPal, the good news is that betting with PayPal is possible at many new betting sites.

Try These Alternatives to PayPal

All clued-up on PayPal, but not sure it’s the right payment option for you? There are plenty of alternatives at the top sports betting sites. We’ve put together a list of banking options that are widely available at online bookmakers.

Bet Securely at PayPal Betting Sites

PayPal is one of the most secure online payment providers out there. Incorporating the security protocols into its everyday operations, PayPal works hard to protect its customers. It monitors every transaction 24/7 to minimise the risk of fraud and has procedures in place to act fast if it does suspect a fraudulent payment.

All this being said, there are a few steps you can take to further ensure your safety when betting with PayPal:

Only Bet at Secure Sites

PayPal is pretty selective in terms of which sites can offer its services, but you should still double-check the safety of the bookmaker you’re betting at. Look for the small padlock and ‘https’ in the URL bar (the ‘s’ stands for secure). You should also stick to licensed sports betting sites, which are the only kinds of online sportsbooks you’ll find here at Compare.bet.

Enable Two-Factor Authentication

Two-factor authentication, or 2FA, adds another layer of security to your account. PayPal has its own 2FA process, the PayPal Security Key. When you activate this, you’ll need to enter a unique one-time code that’s sent by text each time you log in. You can also protect your PayPal account with security questions, just to make it extra secure.

Beware of Phishing Emails

Keep an eye out for any emails that claim to be from PayPal and ask you to disclose details about your account. PayPal says that it will never ask for sensitive information, so any such emails should raise red flags. Likewise, you should never click on links or download attachments in these kinds of emails. Have you reived a suspicious email? Contact the PayPal customer support team, and delete the email from your inbox.

Extra Security Tips

• Avoid betting with PayPal on a public or shared device, especially if you’re using PayPal’s One Touch feature;
• Choose a unique password that includes a combination of upper and lowercase letters, numbers and special characters;
• Contact PayPal and your bank as soon as possible if you suspect that your account security may be at risk.

Responsible Gambling with PayPal

Gambling can be a lot of fun for many people, but for others, it can be a source of addiction. That’s why PayPal have taken the step to allow players to block gambling transactions from their PayPal account. That means that if you are struggling with a gambling problem, you can opt out of making deposits and withdrawals on all sports betting markets, including horse racing, using PayPal.

As well as blocking PayPal transactions directly via the e-wallet, you can also contact your bank to block all gambling transactions, use Gamban to block all online gambling, enter the self-exclusion programme provided by GAMSTOP and get in contact with GamCare to receive specialised support.

Get Started at a PayPal Betting Site

Now that you’re up to speed on how PayPal provides a fast, convenient, secure way to place bets on your favourite markets, you can try it for yourself at one of the best PayPal betting sites.

Head back to the top of this page to compare the top PayPal sports betting sites right here, read our expert reviews of the featured sites, and when you’re ready simply click the link to claim your welcome bonus and get started.

References and Related External Links

Please note that Compare.bet is not responsible for the content of third party websites.

1. PayPal.com – ‘PayPal Help Guides’
2. NCSC.org.uk – ‘Setting up two-factor authentication (2FA)’
3. GamCare.org.uk – ‘How can gambling affect your life?’