PayPal Betting Sites UK for June 2023

PayPal is a global online payment system used by millions across the world, including the UK and over 200 other countries. With more than 400 million users, many prefer this payment method for online secure transactions. A number of UK-based sports betting sites that accept PayPal have emerged. In this article, our Match.Center experts have compiled a list of the top PayPal betting sites, comparing their pros and cons, as well as providing information on Free bets and other bonuses. Discover the best PayPal betting sites UK and improve your online gambling experience with these secure and convenient payment option.

Last updated: 05.6.2023

  • Bet Builder
  • Live streaming
  • Withdrawal Time – 24 hours
  • 2000+ markets on top football
  • Minimum PayPal deposit / withdrawal – £10
  • No Welcome bonus with PayPal
  • Low maximum PayPal deposit / withdrawal – £5500

18+ Use the promo code R30 to register. You must place a qualifying bet of at least £10 at minimum odds of 1/2 (1.50). You will receive 3 x £10 Free bets after the qualifying bet is settled. Free bets expire 30 days after the qualifying bet is placed. You can't withdraw your Free bets. You can use your Free bets on any sportsbook product (except for tote, pool, and lottery bets). T&Cs Apply. BeGambleAware.org

  • Bet Builder
  • Price Boosts
  • Withdrawal Time – 24 hours
  • 2500+ markets on a top football 
  • Minimum PayPal deposit / withdrawal – £10
  • No Welcome bonus with PayPal
  • A poor choice of payment systems
  • Low maximum PayPal deposit – £5500

18+ Place your first bet of £10 or more at odds of evens (2.00) or greater. You must do this within 7 days of registering a new account. Get 4 x £5 Free bet stakes: two bonuses can be used on any sports except for horse racing (one should be used in 24 hours, once the qualifying bet is settled), one — for a football match and another one — for a football Bet Builder with 3+ legs. The bonus expires in 7 days. T&Cs Apply. BeGambleAware.org

  • Bet Builder
  • Politics bets
  • Casino / Poker
  • Many bonuses for horse racing and greyhounds
  • Low minimum PayPal deposit / withdrawal – £5
  • Few broadcasts
  • Not many sports to bet on
  • No Welcome bonus with PayPal
  • Long withdrawal times – up to 48 hours

18+ Register on the betting site or in the app using the "CHELT40" promo code. Within 7 days after registration, make a debit card deposit and bet at least £10 on a sporting event at odds of 1/1. You will get £40 in Free bets within 10 hours after the qualifying bet settlement. Full T&Cs Apply. BeGambleAware.org

  • 40+ sports
  • High odds on horse racing
  • Withdrawal Time – 24 hours
  • Minimum PayPal deposit – £10
  • Lots of promotions for existing customers
  • Few live streams
  • No Welcome bonus with PayPal

18+ Download the BoyleSports mobile app, register and make a deposit. Place a qualifying bet of at least £10 with min odds of at 1/1. You'll receive £20 in Free bets. T&Cs Apply. BeGambleAware.org

  • Welcome bonus with PayPal
  • Minimum PayPal deposit – £10
  • Detailed statistics from SportRadar
  • Low minimum PayPal withdrawal – £1
  • High maximum PayPal deposit / withdrawal – £50 000
  • No live streaming
  • Few bets on horse racing
  • Long Withdrawal Time – up to 2 days

18+ Make a deposit starting from £15. The maximum free bets credited amount is £50. You have to wager the amount of the deposit and reward 8 times. Accounts which funds are paid into by Skrill and Neteller do not qualify for the promotion. The minimum single's odds for wagering are 4/5, and each selection in the accumulator bet must be at odds of 2/5. Full T&Cs Apply. BeGambleAware.org

  • Welcome bonus with PayPal
  • Minimum PayPal deposit – £10
  • BetFeed with other players' bets
  • Minimum PayPal withdrawal – £5
  • Free predictions game "Up for 8" with cash prizes
  • Live chat only after registration
  • Long Withdrawal Time – up to 3 days

18+ Register with the bookmaker, make a deposit and place your first bet of £10 or more at odds of 1/2 or greater. 3 x £10 Free bets must be used within 7 days. On top of that, you'll receive another £10 for 888 Casino. Full T&Cs Apply. BeGambleAware.org

  • Withdrawal Time – 24 hours
  • Huge amount of live streams
  • Full, partial, and automatic Cash Out
  • 800+ markets on top football and basketball
  • Minimum PayPal deposit / withdrawal – £10
  • No Welcome bonus with PayPal
  • Difficult to find support contacts
  • Low maximum PayPal deposit / withdrawal – £5500

18+ This offer is exclusively for new customers. To qualify, deposit between £5 to £10 and place a bet that contains at least one selection at odds of 1/5 (1.20) or greater within 30 days of registering your account. You will receive 300% of the deposited amount in Bet Credits, up to a maximum of £30 in Bet Credits. You must claim your offer within 30 days of registering your account. T&C’s Apply. BeGambleAware.org

  • 30+ sports
  • Fast PayPal withdrawal – 12 Hours
  • Low minimum PayPal deposit – £5
  • Minimum PayPal withdrawal – £10
  • High maximum PayPal deposit – £10000
  • No Welcome bonus with PayPal
  • Few bonuses for regular players
  • Live chat is not available until registration

18+ You get the bonus if your first bet loses. To participate in the promotion you need to place a real money bet of at least £1. The bet placed must be a single at min odds of 2/5 or an accumulator bet with selections at min odds of 2/5 or greater. To withdraw bonus money you need a min wagering 3 times. Additionally, a £10 casino bonus with an x50 wager calculated. T&Cs Apply. BeGambleAware.org

  • Biggest exchange with sportsbook
  • More than 2700 top football markets
  • Fast PayPal withdrawal – up to 4 hours
  • Low minimum PayPal withdrawal – £1
  • Conveniently structured Horse Racing and Greyhound sections
  • Few live streams
  • No Welcome bonus with PayPal
  • High minimum PayPal deposit – £20

18+ Betfair will award a £20 free bet for every 5 single qualifying bets of £10 or more. That’s one of the best betting sites free bet offers in the UK. After bet settlement, you can get 5 of these free bets totalling £100. The minimum odds of a qualifying bet are 1/2. Free bets valid for 30 days. T&Cs Apply. BeGambleAware.org

  • Bet Builder
  • Power Prices
  • Live streaming
  • Withdrawal Time – up to 24 hours
  • Minimum PayPal withdrawal – £1
  • No Welcome bonus with PayPal
  • High minimum PayPal deposit – £20

18+ Register a new betting account with a promo code YSKAMR, deposit £10 or more and place your first qualifying bet of £10. If it loses, the betting site will return it to the main account in cash, not free bets. The transfer will be processed within 1 hour after the qualifying bet settlement as a loser. Full T&Cs Apply. BeGambleAware.org

  • 30+ sports
  • Withdrawal Time – 24 hours
  • Wide range of Esports betting
  • Minimum PayPal deposit – £10
  • Special offers in horse racing betting
  • Few live streams
  • Few In-Play events
  • No Welcome bonus with PayPal
  • Low maximum PayPal deposit – £5500

 18+ Register with BetVictor, make a deposit and place a bet on any sporting event at min odds of 1/1. You will get a Free bet on the bet amount, but no more than £100. The Free bet is valid for 7 days. There is no wagering requirements. T&Cs Apply. BeGambleAware.org

  • Live streaming
  • Welcome bonus with PayPal
  • Withdrawal Time – 24 hours
  • Minimum PayPal deposit / withdrawal – £10
  • High maximum PayPal deposit / withdrawal – £20 000
  • Few payment systems
  • Few bonuses for existing players

18+ Make a deposit and place the first qualifying in-play bet starting from £10 at min odds of 1/2 or greater. Cashed Out, Void or Draw No Bet wagers do not qualify for this promotion. The bonus includes 2 x £10 free bets. Full T&Cs Apply. BeGambleAware.org

  • Acca boosts
  • Expert Betting Tips
  • Special bets on horse racing
  • Welcome bonus with PayPal
  • Minimum PayPal deposit / withdrawal – £10
  • Few sports
  • No live streaming
  • Few payment systems

18+ The offer is available on a mobile browser and desktop only. With a deposit and a £10 bet at min odds of 1.5 (1/2), the company offers 3 x £10 free bets. You can use them only for accumulator bets of 4 events or more. The free bets will expire 7 days after they are awarded if they remain unused. T&Cs Apply. BeGambleAware.org

  • Bet Builder
  • Welcome bonus with PayPal
  • 650+ markets for football matches
  • Many CS:GO and LoL tournaments
  • Minimum PayPal deposit / withdrawal – £10
  • No live streaming
  • Confusing and atypical website interface

18+ Increase your winnings by 100%. To receive the bonus, place a maximum £10 in-play bet at minimum odds of 1/1 or greater, necessarily from a mobile phone. Payment method exclusions apply: this promotion is not valid for deposits made with Skrill and Neteller. T&Cs Apply. BeGambleAware.org

  • 1500+ markets on football
  • Withdrawal Time – 24 hours
  • Welcome bonus with PayPal
  • Minimum PayPal deposit / withdrawal – £10
  • High maximum PayPal deposit / withdrawal – £20 000
  • Few live streams
  • Poor choice of betting on horse racing

18+ To receive 2 x £10 free bets a new user must make a bet of at least £10 qualifying bet on any sport at odds of 1/2 or greater. Only the first single or accumulator bets count. T&Cs Apply. BeGambleAware.org

Full List of PayPal Betting Sites

When you fund your online betting account using PayPal, often you will not qualify for a bonus. The UK betting sites almost always exclude this payment method from qualified deposit options. Please read the T&C of each promotion carefully.

  • The Pools (min. PayPal deposit: £5, deposit time: Instant, fee: 0%)
  • 888sport (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Betfred (min. PayPal deposit: £5, deposit time: Instant, fee: 0%)
  • Vbet (min. PayPal deposit: £1, deposit time: Instant, fee: 0%)
  • Boylesports (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Hollywoodbets (min. PayPal deposit: £5, deposit time: Instant, fee: 0%)
  • Parimatch (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • William Hill (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Smarkets (min. PayPal deposit: £20, deposit time: Instant, fee: 0%)
  • Mr. Play (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • BetDukes (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Tonybet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Geoff Banks (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • 10Bet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Netbet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • FanTeam (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Space Casino (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Bet365 (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Unibet (min. PayPal deposit: £5, deposit time: Instant, fee: 0%)
  • Bwin (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Betfair (min. PayPal deposit: £20, deposit time: Instant, fee: 0%)
  • LiveScore Bet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Ladbrokes (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Paddy Power (min. PayPal deposit: £20, deposit time: Instant, fee: 0%)
  • Coral (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • 32Red (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Betway (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Virgin Bet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • BetVictor (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • LeoVegas (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • BETDAQ (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Betiton (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • BetUK (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Karamba (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Kwiff (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Sportingbet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • BK8 (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Midnite (min. PayPal deposit: £5, deposit time: Instant, fee: 0%)
  • GatoBet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Interbet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • PokerStars Sports (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • 21 Bet (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)
  • Gamebookers (min. PayPal deposit: £10, deposit time: Instant, fee: 0%)

Best PayPal Bookmakers

PayPal Betting Benefits

Sports betting with PayPal offers several advantages for bettors. Here are some of the key benefits:

  • Speed of transactions. PayPal deposits are processed quickly by PayPal bookies, with funds usually credited to your account instantly. The withdrawal takes on average 24 hours. But it is typically much quicker - 4-8 hours.
  • One-click top-up option. Some online sports betting sites that accept PayPal offer a one-click top-up option, which allows you to quickly and easily add money to your betting account.
  • Convenience. You only need to register once, and you can use your PayPal e-wallet to place bets at multiple PayPal betting sites.
  • Control of finances. You can keep your betting expenses separate from your other financial transactions. This makes it easier to manage your finances and keep track of your betting activity.
  • Confidentiality. When betting with PayPal, you don't need to reveal your debit card or bank account details to the bookmaker. This helps to protect your financial information and adds an extra layer of security to your PayPal transactions.

PayPal Betting Drawbacks

While there are several advantages for betting with PayPal, there are also some potential disadvantages to consider.

  • Need to have a PayPal account. In order to use PayPal for sports betting, you need to have a existed or new PayPal account or register with the payment option.
  • Very limited access to deposit bonuses. Some online bookmakers do not offer all or some of their Free bets and other bonuses when making a deposit through PayPal.
  • Expensive to operate. PayPal charges its own transfer fee for moving funds from your PayPal account to your bank account, and this fee can be quite high compared to other payment methods.

How To Create a PayPal Account

The process of setting up a PayPal account is fairly uncomplicated. The following are the steps involved:

  • Go to the PayPal website. 
  • Click on the "Sign Up" button located in the top-right corner of the screen.

    Sign Up button on the PayPal website

    Sign Up button on the PayPal website

  • Choose a type of account you want to create. For sports betting, a personal account is usually sufficient.

  • Enter your phone number in the field provided, and click on "Next."

    Entering a phone number when registering with PayPal

    Entering a phone number when registering with PayPal

  • Confirm your phone number. PayPal will send you an SMS message with a confirmation code. Enter the code in the field provided and click on "Next."

    Confirm your phone number

    Confirm your phone number

  • Enter your personal details including your first name, surname, date of birth, email address, and other requested information.

  • Attach a bank card to your e-wallet right away. This will allow you to deposit and withdraw money from your PayPal account quickly. If you plan to use PayPal to fund your account with the bookmaker, you must specify a debit card, not a credit card.

When registering with PayPal and the sports betting site, you must enter the same email address. Otherwise, transactions may be denied.

How to Deposit At PayPal Betting Site

The process of depositing funds at online betting site that accepts PayPal is simple and easy to follow. Here are the steps you need to take:

  • Top up your PayPal balance. Before you can deposit funds at a PayPal betting site, you need to make sure that you have a sufficient balance in your PayPal e-wallet. Log in to the PayPal site, select "Transfer Money" in the Wallet section, then click "Add money to your balance" and follow the instructions.
  • Log in to the betting site. Once you have a sufficient balance in your PayPal e-wallet, log in to your betting site account. If you do not have an account, you will need to create one.

  • Go to the financial management page and select PayPal as your deposit method.

  • Enter the deposit amount and confirm the payment. Enter the amount you wish to deposit, and then click on the PayPal deposit button. You will then be redirected to the PayPal website, where you will need to enter your PayPal account details on the secure page. Once you have confirmed the payment, the funds will be credited to your betting account instantly.

  • Start betting. Once the funds have been credited to your account, you can start betting with PayPal.

It is worth noting that some of the best PayPal betting sites, such as William Hill, support PayPal One Touch, which allows you to make a one-click deposit to your betting account.

PayPal authorization window

PayPal authorization window

Registration form at Bwin

Registration form at Bwin

How to Withdraw From PayPal Betting Site

The process of withdrawing funds from a betting site that accepts PayPal is straightforward. Here are the steps you need to follow:

  • Log in to the betting site.
  • Go to the financial management section. 

  • Select PayPal as the withdrawal method. 

  • Check the e-wallet address and enter the withdrawal amount.

  • Submit the withdrawal request. 

  • Wait for the payment to be processed. 

On average, it takes up to 24 hours to process a withdrawal request. Occasionally it may take up to 5 days. But there are also online betting sites (e.g. Unibet, Betfair) who process PayPal transactions quickly - from 2 to 12 hours.


It is important to note that some PayPal betting sites may have additional requirements or procedures for processing withdrawals, so it's always a good idea to check the site's rules and guidelines before making a withdrawal request.

Betting Offers At Betting Sites That Accept PayPal

Many UK betting sites do not offer Welcome bonuses for customers using PayPal as their payment method. One of the main reasons is the payment processing fee. PayPal charges betting sites a payment processing fee (2-4%). This means that PayPal sports betting sites may be less inclined to offer bonuses or promotions to customers using PayPal, as this could reduce their profits.


Here are the main types of bonuses in the UK:

  • Free bets. Free bets are bets placed at the bookmaker's expense. They are offered both to new and existing UK customers for making deposits, betting on certain matches, and sometimes as a gift for a holiday. In case of a win, the client receives only the net winnings, excluding the Free bet amount. 
  • Bet X Get X. The bonus allows you to get a Free bet of a certain amount for a bet that meets the parameters specified by the bookmaker. Most often offered to new UK customers for their first bet.
  • Deposit Bonus. When making a deposit and meeting the conditions of the promotion, the client receives another 50-100% of the deposit amount as a cash bonus. The bonus can be used for betting and can be withdrawn after wagering.
  • Risk-free bet or Insurance bet. If you lose a bet, you will get its amount back or part of it in the form of a Free bet for a new bet. If you win, the bonus is simply cancelled, and the bet is settled as usual.
  • Price Boost. For some events or markets, the betting site reduces the margin and increases the odds. Such offers are valid for a limited time and are available to all registered users. 

As we said above, there are very few online betting sites who actually offer a Welcome bonus to PayPal customers. However, such companies do exist in the UK. Match.Center experts have compiled a selection of the best bonuses from licensed UK betting sites that you can get when you fund your account with your PayPal wallet.

Livescore Bet App

Bet £10 & Get £20 Free Bets

Virgin Bet

Bet £10 & Get £20 Free Bets

Gatobet icon

Bet £10 & Get £30 Free Bets

BetDukes

Bet £10 & Get £10 Free Bets

Interbet icon

Bet £10 & Get £10 Free Bets

New Betting Sites With PayPal

Among the huge number of PayPal gambling sites, there are those who have recently started operating in the UK.

Virgin Bet: Part of the Renowned Virgin Group

Established in June 2019, Virgin Bet is a subsidiary of the Virgin Group, founded by British entrepreneur Sir Richard Branson. Known for its user-friendly interface and innovative betting constructor, Virgin Bet allows a minimum deposit and withdrawal of £10 via PayPal. Deposits are instant, while withdrawals usually take up to 24 hours.

Livescore Bet: Newcomer with Competitive Odds

Although LiveScore Bet only entered the online betting market in 2020, it has rapidly gained a strong reputation for its wide range of sports markets and competitive odds. PayPal users can deposit a minimum of £10 instantly, while the minimum withdrawal is also £10, typically processed within 24 hours.

Parimatch: Premier Coverage of English Premier League

Parimatch is an international online bookmaker that launched in the UK in 2020, offering extensive range of sports betting markets for football, tennis, and basketball. Renowned for its competitive odds, live streaming, and comprehensive coverage of English Premier League football matches (2000+ markets), Parimatch has a minimum deposit and withdrawal of £10 via PayPal. Deposits are instant, and withdrawals take up to 24 hours.

Betiton: New Football Betting Focused Bookmaker

Founded in 2020 in the UK, Betiton is a relatively new bookmaker concentrating on football betting with more than 2200 markets. Betiton also features bets on politics, entertainment, and Esports. With a minimum PayPal deposit and withdrawal of £10, deposits are instant while transactions may take up to 2 working days to process.

Midnite: Esports Betting Specialist

Midnite, founded in 2018, primarily focuses on Esports, covering games such as Counter-Strike, Dota 2, League of Legends, and Starcraft 2. UK customers can fund their Midnite accounts via PayPal with a minimum deposit of £5, credited instantly. Withdrawals to PayPal accounts take up to 4 hours.

Betting Apps that Use PayPal

PayPal is used for deposits and withdrawals not only on PayPal betting sites, but also in mobile apps. Statista.com states that mobile payments accounted for more than 41% of transactions on the system in 2018. We couldn't find more recent data, but we believe that at least half is now accounted for by mobile devices.


According to Statista.com, the number of smartphone owners in the UK is predicted to approach 63.5 million in 2022 - that's more than 90% of the country's population. Many people have their whole lives on a smartphone, and of course they don't bet from a computer. Many of the best PayPal betting sites are trying to offer the best of what they have specifically in apps for Android and iOS.


Online bookmakers' apps allow you not only to place bets, but also to manage your account. This includes making deposits and withdrawals with PayPal.


The Match.Center team has listed 5 great bookmaker apps with PayPal support and - Bonus! - their Welcome Offers are valid if you've made a deposit through PayPal.

unibet

£40 Money Back + £10 Casino Bonus

Virgin Bet

Bet £10 & Get £20 of Free bets

LeoVegas

Win up to £100 Extra Winnings with Your Profit Boost

10bet logo

50% up to £50 Welcome Bonus

PayPal Alternatives For Sports Betting

PayPal is not the only payment method supported by betting sites in the UK. Here are some other available options:

Visa y Mastercard

Debit cards. Online sportsbooks mainly support Visa and Mastercard. Unlike PayPal, the client does not have to register additionally with the payment system, they just use their existing bank card. With debit card payments, you can participate in all the bookmaker's welcome offers. However, it takes much longer to withdraw funds from betting sites via debit card. On average, you have to wait up to 2-5 working days. 

Skrill
Neteller

Skrill and Neteller. Electronic wallets are similar to PayPal in terms of the method of depositing with the bookmaker. They differ mainly only in the amount of commission, the application interface and the list of partner banks. Skrill and Neteller are also often not covered by the bookmakers' Welcome bonuses. 

Bank Transfer logo

Bank transfer. In comparison to PayPal, bank transfer is a very inconvenient way to make deposits and withdrawals because the speed of processing the transaction is very slow. Withdrawals can take up to 5-7 business days. Additionally you have to specify all your bank details all the time. But with bank transfer deposits, you can always take part in the bookmaker's welcome bonuses.

Paysafecard

Paysafecard. Unlike PayPal, all prepaid card transactions are anonymous. This ensures greater security and the safety of the funds on the card. However, it is not technically possible to withdraw funds via Paysafecard. As with PayPal, deposits via Paysafecard are often forbidden to receive bonuses from the bookmaker.

Apple Pay

Apple Pay. Unlike PayPal, Apple Pay only works on MacOS and iOS. In the mobile app or on Apple computers, the transaction can be made in a couple of clicks. Android and Windows users, on the other hand, do not have this option. For them, Apple Pay does not work at all. What's more, no winnings can be withdrawn via Apple Pay. In this respect, PayPal's options are much wider.

What is PayPal?

PayPal is an online payment system that allows UK punters to send and receive online money transfers, pay securely online, and access other financial services. The company was created by Confinity in 1998, and is headquartered in San Jose, California.


Initially, PayPal was designed as a way for people to securely transfer money between Palm Pilot devices. However, it quickly evolved into a full-fledged online payment platform. In 2002, PayPal was acquired by eBay and became its subsidiary. In 2014, PayPal was spun off into a separate organization, and its shares were traded on the stock exchange.


Today, PayPal is one of the largest online payment platforms in the world, with more than 400 million registered users in over 200 countries, according to Globaldata as of 2022. The platform allows customers to link their bank accounts, credit cards, or debit cards to their PayPal accounts, and use those payment methods to make online transactions.


One of the key advantages of PayPal is its security features. By using PayPal to make online purchases, UK punters can avoid sharing their personal and financial information with multiple online retailers. Additionally, PayPal offers buyer protection and fraud prevention measures, which can help to protect sports bettors from unauthorized transactions and other types of online fraud.

Company Name

PayPal Inc.

Website

www.paypal.com

Year of foundation

1998

Headquarters

San Jose, California, USA

Number of users

More than 400 million

Number of employees

30000+ (2021)

2021 Revenue

$25.37 billion

CEO

Daniel H. Schulman

Supported currencies

USD, GBP, EUR, AUD, CAD and others

Countries active

200+

Mobile Apps

Android, iOS

Customer support phone number

0203-901-7000

PayPal Betting Sites FAQs

Which Online Bookmakers Accept PayPal?

Over 40 UK online bookies accept PayPal deposits, including Bet365, William Hill, Paddy Power, Coral, Betfred, and Betfair. Ensure the email address for both PayPal and the betting site to avoid withdrawal issues.

Are There Welcome Offers for Betting Sites with PayPal?

Some PayPal bookmakers offer Welcome bonuses for PayPal deposits, such as LiveScore Bet, 10Bet, 888sport, BetUK, LeoVegas, and Virgin Bet. Make sure to read the bonus terms and conditions to determine eligible payment method.

Does PayPal Betting Involve Any Fees?

PayPal may charge transfer fees for deposits and withdrawals, typically ranging from 2 to 4%. However, the exact fee is determined when initiating the transfer.

Is PayPal Betting Secure?

PayPal is a secure payment method, as users do not need to provide debit card or bank details to betting sites or intermediaries. To maintain security, follow standard precautions, such as setting a complex password and enabling two-factor authentication.

Can I Use PayPal for Gambling?

Most UK betting sites, including Bet365, Unibet, PariMatch, and BetVictor, allow deposits and withdrawals using PayPal. Refer to our article above for a comprehensive list of PayPal-accepting bookmakers.

Which Online Casinos Accept PayPal as a Payment Method?

Several UK online casinos accept PayPal, such as Betway, 888 Casino, Betfair, William Hill, Ladbrokes, Coral, Paddy Power, BetVictor, Mansion, and Grosvenor. This list is not exhaustive, and PayPal availability may depend on the betting site’s terms and conditions. Verify with customer support whether PayPal is a viable option before signing up.