We have picked out some of the best PayPal betting sites below, based on our own experience of using their cashiers to deposit and withdraw funds.
Betfred needs no introduction, really, but we always like to shine a light on the pros of the site. From the comprehensive sportsbook to promotions for existing customers, there is a lot to talk and that can be applied to the cashier as well.
Quite a few methods are accepted by the bookie, including PayPal, and the limits are very generous as well. The minimum for deposits and withdrawals is set at £5, while you can withdraw a maximum of £5,000 in a single go.
Cons
Minimum Deposit | £5 |
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Deposit Processing Time | Instant |
Minimum Withdrawal | £5 |
Withdrawal Processing Time | Within 48 hours |
BetMGM took the UK market by storm following the successful launch in the US, focusing heavily on marketing and generous welcome bonuses. Thanks to the partnership with LeoVegas as the provider, the payments situation is also decent.
Granted that it would have been better with a few more options, punters can't really complain as PayPal is one of five methods. The minimum for deposits and withdrawals is £10, while the maximum is £10,000 and £4,000 respectively.
It's possible to claim the welcome offer with PayPal at BetMGM, which is fantastic news!
Pros
Minimum Deposit | £10 |
---|---|
Deposit Processing Time | Instant |
Minimum Withdrawal | £10 |
Withdrawal Processing Time | Within 24 hours |
Midnite isn't the biggest betting site in the UK, and it will probably never be that, but the journey in recent years is impressive. There is a rather unique sportsbook on offer (looks-wise) and there is a decent number of payment methods accepted.
With a minimum deposit and withdrawal amount of £5, as well as a maximum of £5,000 for withdrawals, it must be said that the terms are good for PayPal. It's definitely worth giving Midnite a go if you haven't already.
Cons
Minimum Deposit | £5 |
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Deposit Processing Time | Instant |
Minimum Withdrawal | £5 |
Withdrawal Processing Time | Up to 72 hours |
Coral has the exact same payment methods and terms as its sister Ladbrokes, but we have opted for the blue-themed bookie here thanks to its promotions. The Rewards Grabber is just fantastic, but enough about that for now.
Focusing on PayPal instead, the minimum amounts are slightly higher for PayPal than the other methods, set at £10 for deposits and withdrawals. The maximum for deposits is £2,000, while you could not find that information for withdrawals.
Cons
Minimum Deposit | £10 |
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Deposit Processing Time | Instant |
Minimum Withdrawal | £10 |
Withdrawal Processing Time | Within 24 hours |
Finally, we have arrived at Bet365 and some might be surprised to see the bookie so far down the list. That is simply because the minimum deposit is much higher at £25, while the minimum withdrawal is also higher than other methods at £5.
Considering the amounts of the other sites on this list, it must be said that £25 is very poor from bet365. The maximum amount is the same for deposits and withdrawals at £5,500, though, but that doesn't help the situation much.
Cons
Minimum Deposit | £25 |
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Deposit Processing Time | Instant |
Minimum Withdrawal | £10 |
Withdrawal Processing Time | 60 minutes in our test |
PayPal needs little introduction for most people in the UK. But, why would you use it for online betting?
Fast Withdrawals: Depending on the betting site and if your account is verified, PayPal withdrawals can arrive in your account within 15 minutes. At worst, the withdrawal is usually in your account within 24 hours.
Security: PayPal is a reputable and secure payment platform. There are several security measures to help safeguard your account and financial information, including fraud monitoring and prevention, data encryption, key pinning and security keys.
Email Payment Confirmation: You will receive an email any time you send or receive a PayPal payment. This ensures you can alert PayPal quickly if you didn't make a transaction.
Convenience: PayPal is user-friendly and easy to set up by linking your bank account or debit card to your PayPal wallet. This also means you do not need to share sensitive details with the bookmakers directly.
Privacy: Using PayPal for online betting means you do not need to share sensitive details with the bookmakers directly.
Higher minimum amounts: With some sites, due to the fees that PayPal tends to charge business, the minimum deposit and withdrawal amounts will be higher. Bet365 is a very good example of this as the prominent bookie has a minimum deposit amount of £25 (!) for the method.
Bonus restrictions: There are not many welcome bonuses in the UK that activate with PayPal deposits. Most will exclude PayPal from the bonus requirements meaning you might need to deposit with a debit card to receive your bonus. Be sure to check the key terms and conditions for every welcome bonus.
Withdrawal Delays: Some betting sites may have slower withdrawal processes due to security checks.
If you want to use PayPal as a payment method on a betting site, you will need to create a PayPal account first, which is easy to do. Navigate to the official PayPal website, open a "Personal" account, and complete the registration process. This includes details such as your full name, phone number, and address etc.
Then, you will need to verify your account by linking a bank account to your PayPal profile. You can also connect other bank cards and payment methods, such as e-wallets. But if you plan to use PayPal for betting, you cannot use a credit card in the UK anymore.
Depositing and withdrawing with a PayPal account may seem difficult if you have only used debit cards before. However, it is just as simple and can be done in just a few steps. Most of which are eliminated after your first deposit.
In this example, we chose to use William Hill's app, which is one of the best betting options across the board.
First of all, you need to sign up for a betting site that actually accepts PayPal. While there are many sites that give the wrong information, sometimes even the bookie's own FAQs (!), you can find the updated list at the top of this page. As said, we opted to do this test with William Hill.
When depositing or withdrawing with PayPal at William Hill, you first need to head over to the profile section, tapping on the profile icon in the top right corner. Alternatively, if it's a deposit, you can use the quick deposit button next to the profile icon.
Once you have reached the cashier, either for deposits or withdrawals, you need to choose PayPal as your payment method. If you haven't used PayPal to deposit at William Hill before, it will be listed in the 'Add payment methods' section, as you can see below.
With PayPal as the method, you simply need to enter the amount that you would like to deposit or withdraw. Since withdrawals require nothing more from here, as PayPal will already be connected, the rest of this guide will be about deposits.
After entering the amount, you will need to sign in to your PayPal account. Then, you will be shown the screen below, asking which payment method you would like to use on PayPal. Finally, tap the 'Continue to Review Order' option.
Once done, you will be returned to the app, with the PayPal pop-up closing automatically, and you can begin betting. In the future, your details will be saved, so the process will get a tad quicker!
As Paypal will often cost betting sites more money (in fees) than other traditional payment methods, not all new bookmakers offer PayPal. But, below we have a list of the latest betting sites to launch in the UK that offer PayPal.
PayPal is great for several reasons:
PayPal is safe and is properly regulated for many UK betting sites. They provide a quick, safe, and easy way to make instant deposits in many different currencies (depending on the bookmaker).
PayPal will not share your full financial information with the betting sites and comes with 24/7 monitoring, secure technology, fraud prevention, dispute resolution and purchase protection around the world. If you face any issues while using PayPal, you will find a responsive support section to help.
Using PayPal for betting in the UK comes with certain responsibilities and safeguards to promote responsible gambling:
We take responsible gambling seriously at BettingLounge.co.uk. Please gamble responsibly.
Steven is an experienced iGaming content writer who has been working in the industry since 2018. He is passionate about sports betting and enjoys writing about all aspects of the industry, including bookmaker reviews, betting tips and strategies, and news and analysis.