Here is a list of top licensed betting sites that accept PayPal deposits and withdrawals:
- Bet Regal
- 888 Sport
- Mansionbet
Pros
Cons
| Company Name: | PayPal Holdings Inc. |
| Website: | paypal.com |
| Founded: | 1998 |
| Customer Service: | 08003587911 |
| Number of Betting Sites with PayPal: | 18 |
| Mobile App: |  |
| Currencies Supported: | AUD, BRL, CAD, CHF, CZK, EUR, GBP, HKD, HUF, JPY, kr., MXN, NOK, NZD, PLN, RUB, SEK, SGD, THB, TRY, USD |
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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. -
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.
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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.
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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.
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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.
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.
Do I need to verify my PayPal account before I can make deposits?
Yes. While you can still bet with PayPal before you’ve verified your account, there will be limits on how much you can send, receive and withdraw. This might affect how you fund your account, or withdraw any winnings. It’s always best to verify your account as soon as possible to use it without restrictions.
Can I use the same PayPal account across multiple betting sites?
Yes. If you want to wager at several different PayPal sports betting sites, then you can use a single PayPal account across each. This is a simple and efficient way of managing your bankroll across multiple gambling sites.
I’m depositing via PayPal, can I withdraw via bank transfer?
No. Most New Zealand betting sites stipulate that bettors must use the same deposit method and withdrawal option. This means that if you make a PayPal deposit, you have to withdraw via PayPal too. If you get lucky and win more than you deposit, you’re often given a range of withdrawal options to choose from.
Do online casinos sites accept PayPal?
Yes. There’s a whole host of online gambling sites that accept PayPal deposits, which makes it the perfect payment methods, whether you want to bet on horse racing or play online slots. You’ll find a list of the best online casinos that accept PayPal right here!
