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Best PayPal Betting Sites in Australia

Looking for a simple, secure and speedy way to pay at Australia’s top online sportsbooks? PayPal checks all three boxes. We’ve put together an awesome line up of the best PayPal-friendly betting sites - simply compare and sign up to start betting today!
By Alan Draper-Lewis & others Updated
Australia Licensed Australia Licensed
Expertly Reviewed Expertly Reviewed
Mobile Friendly Mobile Friendly
Fast Withdrawals Fast Withdrawals
Betting SITE Score WHY PLAY? Expert Review GO TO SITE & SIGN UP Terms
1. Unibet Sports
Daily Racing Rewards

Reviewed & verified by our team

"Get daily racing rewards at Unibet and take advantage of their huge horse racing market"
Sign Up
Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.
2. Bet365
Each Way First Goalscorer

Reviewed & verified by our team

"Bet365 has an extensive live streaming and offers customers the biggest number of sports to bet on "
Sign Up
Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.
3. Betfair
Back and Lay on the Exchange

Reviewed & verified by our team

"Get better odds faster with the new Betfair app and play on the Exchange"
Sign Up
Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.
4. Ladbrokes Sport
Same Race Multi Bonus

Reviewed & verified by our team

"Combine same race picks and get greater odds with Ladbrokes"
Sign Up
Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.
5. Neds
Neds Bet Boost

Reviewed & verified by our team

"Pocket your winnings with Neds Card and use it to buy everyday items"
Sign Up
Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.
6. Palmer Bet
Bookie Bag Bonus

Reviewed & verified by our team

"Palmerbet offers customers a Bookie Bag and Price Push to get more value from their bets "
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Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.
7. Playup
Racing Play of the Day

Reviewed & verified by our team

"Helpful betting guides and multiple promotions make Playup a favourite amongst customers"
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Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.
8. Pointsbet
Lead at Half, You Win

Reviewed & verified by our team

"Pointsbet offer in-play betting on a number of sports and have a new enhanced racing form"
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Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.
9. Sportbetting.com AU
4+ Leg Winner, 20% Bonus

Reviewed & verified by our team

"Play on their recently launched mobile app and get super fast withdrawals"
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Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.

Pros & Cons

Is PayPal your ideal way to pay at the bookies?

PayPal needs little introduction. It’s the obvious choice for many punters, 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.

Pros

  • Free to open an account
  • Free, instant deposits
  • Use multiple bank cards and accounts from one e-wallet
  • Encryption technology guarantees secure transactions
  • Fully regulated
  • No need to share card details with the online betting site
  • 24/7 PayPal customer support

Cons

  • You’ll need to set up a PayPal account
  • Not as widely accepted as bank cards

About PayPal

A closer look at PayPal

Chances are you’ve used PayPal, or at the very least, heard of it. The e-wallet rose to prominence as a result of its popularity with eBay users and is now a household name in Australia and across the globe.

PayPal operates in more than 200 countries, supports numerous currencies and has over 200 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 PayPal is a popular payment method at many of Australia’s best online betting sites.

PayPal Logo
Company Name: PayPal Holdings Inc.
Website: paypal.com
Founded: 1998
Customer Service: 08003587911
Number of Betting Sites with PayPal: 18
Mobile App: icon
Currencies Supported: AUD, BRL, CAD, CHF, CZK, EUR, GBP, HKD, HUF, JPY, kr., MXN, NOK, NZD, PLN, RUB, SEK, SGD, THB, TRY, USD

Deposits & Withdrawals

Making Deposits & Requesting Withdrawals with PayPal

Making a PayPal deposit

The process for making a deposit via PayPal is pretty simple. Once your chosen betting site has verified your identity, you’ll be able to make a payment instantly, within just a few steps. Of course, before you get started, you’ll need to register with PayPal. So if you haven’t already, you’ll be able to create a personal account in just a few minutes – all you need to share is your name, address, phone number and email address.

How to deposit at PayPal betting sites

  1. How to deposit with PayPal
    You can either connect your bank account, deposit funds into your PayPal wallet, or link your debit card to the e-wallet. Whenever you make a purchase, you’ll be able to choose your source of funds.
  2. Deposit with PayPal
    Visit your chosen betting site’s cashier page and log in to your betting account. You’ll be able to select PayPal as your preferred payment option and enter your desired deposit amount.
  3. You’ll be redirected to a PayPal login page. Simply enter your PayPal login details to authorise your payment. Your funds will be available instantly.
  4. Once the transaction is complete, you’ll be returned to your betting site, where you’ll be able to place bets with your newly deposited funds.

PayPal Withdrawals

With instant PayPal deposits available at just about every bookie, you’re probably wondering why PayPal withdrawals aren’t instant too. Simply put – it’s because the two processes aren’t the same. Let’s take a look at how PayPal withdrawals work at online betting sites.

Withdrawing with PayPal at an online betting site

The exact processing for making a PayPal withdrawal can vary between betting sites, but it will look something like this:
Log in
Use your username and password to log in
Cashier
Click the cashier button
Request
Select the ‘withdraw’ option
Confirm amount
Type in your withdrawal amount
Select PayPal
Choose PayPal as your banking option
Submit
Submit your withdrawal request

The best PayPal betting sites offer instant withdrawals, so you can often see the funds in your account in a matter of hours.

Bonuses

PayPal betting sites promotions

Sign-up incentives such as welcome bonuses are no longer permitted in Australia, but the best PayPal betting sites still offer a variety of promotions for returning customers, including 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 AFL Grand Final, or the Melbourne Cup, for example.

Promotions will differ in how they work, but you can count on our sportsbook reviews to give you a good overview of what you can expect from the best Australian bookies.

Best Betting Site For Promotions
Unibet Sports
Unibet Sports
Daily Racing Rewards
Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.

Bonus terms and conditions

It’s important to read the bonus small print when accessing promotions, so you’re aware of minimum odds requirements and market restrictions. There are also usually caps on how much you can win, and some bonus winnings are subject to wagering requirements.

Mobile

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 only adds to this convenience. A few years ago it was reported that mobile payments represented a staggering 41% of PayPal’s total payment volume, which goes to show that it’s a firm favourite for consumers.

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. Take advantage of push notifications to stay in the loop on the latest promotions and odds offers.

Download the PayPal mobile app to keep on top of your finances, even when you’re on the go. PayPal’s key pinning security feature keeps your app safe and secure.

Best PayPal Bookie With A Mobile App
Bet365
Bet365
Each Way First Goalscorer
Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.

New Sites

Try one of 2021’s new PayPal-friendly bookies

PayPal is already a widely accepted payment method at Australia’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, you can bet with PayPal at many new betting sites.

Newest Betting Site With PayPal
Unibet Sports
Unibet Sports
Daily Racing Rewards
Customer Offer 18+. Full T&Cs apply. Please gamble responsibly.

PayPal Alternatives

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 online betting sites. We’ve put together a list of banking options that are widely available at online bookmakers.

Skrill

Skrill lets you make fast and discreet online payments, without disclosing your financial information. You’ll also have access to a Skrill prepaid Mastercard.

Paysafecard

You can use a paysafecard’s prepaid card to pay online by simply entering your 16-digit paysafecard PIN. No personal details or bank card information required. Most bookies don’t permit withdrawals via paysafecard.

Neteller

Neteller is a firm favourite among businesses and consumers alike. This e-wallet offers instant online payments, and all you need is your Neteller login information.

EcoPayz

Priding itself on quick, secure and simple payments, ecoPayz makes it easy to deposit at betting sites. Simply log in to your ecoPayz account to verify your transaction.

Some betting bonuses have payment method exclusions, which means you won’t always be eligible to claim the bonus when you deposit with these deposit options.

Security

How to stay safe when betting with PayPal

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.

While PayPal works hard to keep its users safe, there are a few steps you can take to 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 site 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 betting sites- the only kind of online sportsbook you’ll find here at Compare.bet.

Use 2FA

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 you should never do this. Likewise, you should never click on links or download attachments in these kinds of emails. Received a suspicious email? Contact the PayPal customer support team, and delete the email from your inbox.

Extra security tips

  • Don’t make transactions 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.

FAQs

Your Questions Answered

Are there any fees for betting with PayPal?

No. PayPal doesn’t charge its customers more for deposits at online betting sites, provided the payment is funded by your PayPal balance, bank account or debit card, and as long as there is no currency conversion involved.

The people behind this page

Compare.bet's online gambling content experts helped write, edit and check the content on this page:

Alan Draper-Lewis

Alan is a deputy editor at Compare.bet. He has an MA in English Literature and has three years of writing experience, with bylines at These Football Times and 90Min as well as extensive coverage of all things sports betting and online casino.

Daniel is the editor-in-chief at Compare.bet. He has half a decade of experience writing on topics including sports betting, online casino and the NBA. Daniel also covers Premier League football for The Warm-Up and has interviewed Louis Saha, Richard Dunne and Gary Pallister. In his spare time, Daniel enjoys film photography and making Spotify playlists.