Read more about PayPal sports betting
Here, you can learn a lot about PayPal and how to use it on betting websites:
➤ Check out the best PayPal betting sites in the UK
➤ Comparison of PayPal bookmakers
➤ Why use PayPal deposits with bookies
PayPal Betting Sites UK
Bojoko helps you find the best PayPal betting sites. PayPal bookmakers let players deposit and withdraw money using one of the most favoured transfer methods online.
Because PayPal has been widely recognised as safe, fast and handy, this digital wallet has become the clear choice for many punters. Experience the security of PayPal, fast deposits and rapid withdrawals at UK licensed PayPal betting sites.
All betting sites that accept PayPal
Below you will find a comprehensive list of sites that allow you to bet with a PayPal deposit.
Best PayPal betting sites recommended by Bojoko
At Bojoko, you'll find a handpicked selection of trustworthy UK sportsbooks which offer PayPal betting. We add each new site to the list of PayPal bookers after careful review and testing.
We have betting reviews made by our experts for all of our listed betting sites that accept PayPal, where we tell more about the site's features, offers and withdrawal times just to name a few of our ranking factors.
TOP 5 PayPal bookies
At the moment Bojoko recommends the following five PayPal bookmakers to our readers. There are plenty of other good options in our PayPal betting sites list, however here are our current choices as the best Paypal sportsbook in 2022:
Bet UK
BetUK is a betting site that is created especially for British punters. This UKGC licence-regulated bookie is a part of LeoVegas Gaming group.
Pros ✔
+ £30 free bet offer
+ Fast withdrawal with PayPal
+ Focus on UK players
Cons❌
- The free bet offer is available only on mobile
- The free bet expires in seven days
21LuckyBet is the latest brand from Progress Play LTD company. This July 2022 -launched bookie offers truly comprehensive betting markets.
Pros ✔
+ £20 free bet offer
+ Comprehensive list of betting markets
+ Fresh betting site
Cons ❌
- Withdrawal fees
- The average payout percentage could be higher
Do you like betting on horse races? Then head over to Parimatch and take advantage of the site's "Best Odds Guaranteed" promise.
Pros ✔
+ £35 welcome bonus offer
+ Best Odds Guaranteed on horse racing
+ Visually good-looking betting site
Cons❌
- There could be more betting markets
- A bet is required to watch the live stream
If you are looking for a good betting site where you can deposit via PayPal and bet with a great mobile app, then Smarkets might be the bookie for you.
Pros ✔
+ £20 sign-up offer
+ High odds
+ A well-functioning mobile app
Cons❌
- No odds for virtual sports betting
- Poor selection of in-play betting markets
Kwiff is the freak of the betting sites. The brand offers surprise odds and instant PayPal withdrawals, but the average odds sadly leave a bit to be desired.
Pros ✔
+ £20 free bet offer
+ Instant payouts with Paypal
+ Supercharged surprise odds
Cons❌
- The average return to player % is a low
- Lack of eSports and virtual sports
Paypal bookmakers comparison
So which of the five PayPal betting sites we have presented above is the best? That's for you to decide, depending on which feature from every brand you value the most.
Below you will also find a Bojoko-made comparison of the different sites' minimum deposit amounts, withdrawal times and possible money transfer fees.
What is PayPal?
PayPal is an American company established in 1998 that provides real-time money transfers online. Users link their debit cards and bank accounts to the service - after that PayPal customers can make superfast money transfers globally between both individuals and companies.
Here is a short presentation on how PayPal works in the company's own video:
With a turnover of over 25 billion, PayPal is a well-known payment option for online shops. According to surveys, as many as 87.5% of online shoppers globally use PayPal as one of their payment methods.
The US is by far the biggest market for PayPal online users but the UK comes second in a global comparison.
As the service continues growing in popularity, more and more betting sites have adopted PayPal as part of their selection of payment methods. In the UK, several bookers offer the possibility of using PayPal for deposits and withdrawals. With more than 400 million users, PayPal is constantly evolving and is already much more than just an online wallet. With a Paypal wallet, you also have a chance to access all these features in the UK:
- PayPal App - send and receive money using your phone
- PayPal One Touch - stay logged in and deposit with just a single click
- PayPal.me - share a link to receive payments directly without the hassle of bank information
Reasons for betting using PayPal?
Paypal has been one of the most popular online payment methods in the UK in recent years. According to studies, 40.8% of online shoppers used PayPal at least once in 2018. One year later, in the study made by statista.com, the number increased to 49% of buyers in the UK who used their PayPal accounts to make payments online. The statistics show that users trust Paypal.
In the United Kingdom (UK), PayPal was the most used online payment method in 2019.
So you may have already used PayPal before while paying for purchases online. As with online shopping, using PayPal on betting sites is also very quick, easy and reliable. There are certainly many reasons why you should bet with PayPal, but as with all services, PayPal of course has some features included that don't please everyone.
Positives ➕
- Instant deposits without fees
- Speedy withdrawals
- Protection for your money and data
- Great help centre
- Two-step authentication
- Fully regulated
- Mobile friendly, great mobile app
negatives ➖
- Not all betting sites accept PayPal
- Some bookies do not offer sign-up offers for PayPal deposits
- Separate PayPal account needed for betting
- PayPal is unfortunately famous for being aggressive with account freezes
To summarise PayPal's benefits and weaknesses: PayPal can be a super fast and easy-to-use service, but some bookmakers deny bonuses from Paypal deposits and even worse, some sportsbooks don't accept them at all.
What do real people say about Paypal?
The strengths and weaknesses presented above are the arguments put forward by Bojoko. But what do people say about PayPal in general?
Users have written thousands of comments on services such as Trustpilot, Quora and the Google Play Store. Here are a few examples of comments that might give you more reasons to use (or not) PayPal on betting sites
- Adil Advani - Quora.com: "PayPal is one of the most popular ways to deposit and withdraw at online betting sites. The easiest way to deposit to a bookmaker, casino or poker room by PayPal is through an existing balance."
- Michael Huth - Trustpilot.com: "I am okay with using the app, however it lags a lot and sometimes I can't even send money because the app just decided not to do it - using the website is much better."
- Stuart A. Myers - Trustpilot.com: "A very good way of sending and receiving currency. I have had no problems with this company. Quick payouts to my bank, excellent ease of use with the Android App and generally simple enough for anyone. Just a shame there is a £6.00 minimum withdrawal now."
- Eliese Nadin - Smartmoneypeople.com: "If PayPal can be used I always use it. My money is protected which gives me confidence when shopping online. If I've ever had an issue they get it sorted really quickly with excellent customer service."
How to find & use PayPal betting sites
1. Find PayPal bookmakers from our betting sites list
- Check our PayPal bookmakers list
- Use search filters
- Compare different sites
2. Go to the betting site
- Pick the best bookie for you
- Click the green Play Here button
- Move on to the betting site
3. Open your new account
- Fill the registration form
- Click register account
- Check your email
- Confirm registration
4. Deposit and play
- Go to deposit
- Select PayPal as your payment method
- Verify the transfer using your PayPal logins
- Start betting!
Alternative payment methods to PayPal
PayPal is one of the most popular money transfer services after traditional bank cards.
However, PayPal is not the only player in the betting markets; furthermore, banking methods such as Neteller, Skrill, Boku, and Apple Pay support deposits and withdrawals to betting sites.
Check out the other banking services presented by Bojoko by clicking on the link below and going to the review:
FAQ
Article by:
Teemu Mattila
Teemu has been working in sports betting for seven years. That time he has become familiar with dozens, if not hundreds, of sports betting sites and their pros and cons. Teemu is currently co-managing the UK sports betting content at Bojoko.