You can use PayPal on all of the UK betting sites in our list above for both depositing and withdrawing money. But, this is mostly for the UK and Irish residents. If you are living in any other country, check out their FAQ page for more information.
However, it is important to note that there are few free bets & signup offers that work with PayPal deposits. Most of the signup bonuses exclude PayPal and other e-wallet deposits in terms and conditions. Be sure to check our T&Cs below each of our betting offers to see if PayPal deposits are eligible for the bonus.
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 finacial 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.
Fees: Fees are often waived by most betting sites in the UK, but not all. Be sure to check each bookmaker to see if they charge for deposits or withdrawals.
Withdrawal Delays: Some betting sites may have slower withdrawal processes due to security checks.
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.
Here's a table summarizing the PayPal terms for various UK betting sites:
|Betting Site||Min Deposit||Max Deposit||Min Withdrawal||Max Withdrawal||Deposit Time||Withdrawal Time|
|bet365||£10||£5,500||£10||£10,000||Instant||Within 24 hours|
|Ladbrokes||£5||N/A||£10||£10,000||Instant||Within 24 hours|
|BetVictor||£10||£5,500||£10||£7,000||Instant||Up to 24 hours|
|Betfred||£10||N/A||£5||£5,000||Instant||Within 24 hours|
|Unibet||£10||£2,500 - £5,000||£10||£10,000||Instant||Within 12 hours|
PayPal is one of the main payment methods that can be used to deposit funds at Bet365. Deposits into Bet365 are free and are paid instantly, allowing customers of the betting site to start staking their funds immediately. The minimum deposit using PayPal at Bet365 is £10, while the maximum deposit for adding funds via the e-wallet is set at £5,500. For withdrawing winnings, Bet365 aims to pay out within 24 hours. The minimum withdrawal is also set at £10, while the most people can take out via the e-wallet in one go is also £5,500.
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There is no charge for deposits using PayPal into Ladbrokes accounts, which is good news. Ladbrokes deposits using PayPal should be virtually instant - the site says it can sometimes take 10-20 seconds for the transaction to be processed and funds to appear in an account.
Ladbrokes allows PayPal users to withdraw more than they deposited with the e-wallet, which is not always the case for other top payment methods. No timescale for PayPal withdrawals is mentioned either, but payouts should be within a day.
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The minimum that Coral customers can deposit via PayPal is £10, which is broadly in line with most of the biggest and best betting sites in the UK. Deposits are instant and there is no mention of a maximum limit for depositing with PayPal here. Neither is there any mention of a minimum or maximum withdrawal for using PayPal at Coral.
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There are no charges for using PayPal to make a deposit or withdraw winnings at Betfred. This UK online betting site has a minimum deposit of £10 when adding funds via PayPal.
However, it might be possible to withdraw winnings under £10 by contacting customer service. Betfred aims to pay out withdrawals to customers via PayPal within 24 hours, but users will often see the money appear in their account much faster than this.
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Unibet does not charge a fee for either deposits or withdrawals that are made with PayPal.The site does have a minimum deposit of £10 for those who opt to add funds with the e-wallet, but there is no mention of a maximum deposit that can be made with PayPal at Unibet.
As with most top UK betting sites, Unibet aims to pay out via PayPal quickly. Customers should see the money appear in their PayPal account within 12 hours. When withdrawing winnings from Unibet accounts to PayPal, users will have to take at least £10 out of each transaction.
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BetVictor accepts plenty of major payment methods, with e-wallets like PayPal among them. Customers who have BetVictor accounts must deposit at least £10 when using PayPal. As with most rivals in the online betting world, the maximum amount to deposit with PayPal is £5,500.
All payment methods at BetVictor must be in the account holder's name only but Betfred makes no mention of minimum or maximum withdrawal limits for those who opt for PayPal here. Approval can take up to 24 hours due to "compliance and security processing checks".
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PayPal is on the list of payment methods that are accepted by 888Sport in the UK. Customers with 888Sport accounts must deposit at least £10 when adding funds with PayPal.
The minimum withdrawal limit for all payment methods accepted by 888Sport is set at £5. However, the site warns it can take a day or so for withdrawing winnings out of 888Sport accounts to be processed. After this stage, users will get their money in one or two days.
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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.
If you want to use PayPal as a payment method on a betting site, you will need to create a PayPal account first. 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, 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.
How to verify your account:
Of course, some betting sites may vary slightly, but depositing using PayPal is quick and easy on pretty much all UK betting sites that accept PayPal.
If you have any problems, check the betting sites' help section, and almost all bookies have a detailed guide for deposits and withdrawals using PayPal.
Again, some bookmakers may vary slightly, but the withdrawal process is usually quick and easy.
If you need to verify your account or payment method to authorise your withdrawal. Simply send in a photo of one of these documents.
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. If you have any questions about online gambling in the UK, please don't hesitate to contact him.