Top 5 PayPal US Sports Betting Sites 2020
Although PayPal has only joined the gambling industry fairly recently, there is a great number of new PayPal betting sites popping up as well as many older operators adding the method to their overall offering. Being one of the easiest, quickest, and safest methods to deposit and withdraw money, betting sites were quick to adopt PayPal as soon as the company decided to change its anti-gambling stance. These days, PayPal sports betting has become quite normal and you’ll have no problems finding bookmakers accepting this popular e-wallet. In this review, we’ll look into a number of advantages as well as some potential disadvantages of using PayPal to place your sports bets so that you can decide if this is the best method to use for you personally.
- Bet with reliable and properly regulated operators
- Deposit straight from your PayPal account
- Keep your banking information safe & protected
- Enjoy fast withdrawals back to your PayPal wallet
Playing at best PayPal betting sites
Thanks to the fact that a growing number of sports betting sites in the United States has started to introduce PayPal, bettors should have no problems finding ample options to use. Both new and well-established bookies in this category feature great bonus offers, a variety of betting markets, and more, so players don’t have to compromise on any aspect when using PayPal.
As a matter of fact, most of these sports betting operators are of the highest quality and offer everything punters need for an enjoyable and entertaining gambling experience. The fact they also offer PayPal as one of the payment methods just means that they went an extra mile to make things even more convenient for their customers and provide them with even more options to ensure things are as simple and easy for them as they could possibly be.
Depositing with betting sites accepting PayPal
While PayPal may be new in the gambling world, it is one of the oldest and most established e-wallets around. Most people in the US have a PayPal account and have used it numerous times to make online transactions, either to buy things or services or to send money to friends and families. So, for most of those looking to play online at one of the sports betting sites, the process is nothing new.
If you already have a PayPal account connected to your bank or to your debit card, you can easily make deposits to your betting wallet. PayPal will let you use funds stored in your online account or send them straight from your bank through the e-wallet, so both options work.
- Log in to your favorite sports betting site
- Navigate to the deposit section of the bookie
- Select PayPal from the list of available methods
- Enter the amount you want to deposit
- On the next screen, log in to your PayPal
- Confirm the transaction to send the money to the bookmaker
That’s all there is to it. Most PayPal sports betting sites will immediately process your transaction and you’ll have funds readily available to bet with straight away. It is very uncommon for PayPal transactions to get declined (which happens sometimes with debit and credit cards), so this is a very convenient way to fund your online sports betting and gambling in general.
Advantages of PayPal sports betting
Playing with bookmakers that accept PayPal can be very convenient for a number of reasons. Like it’s already been discussed, the biggest advantage of using this method is the fact that most players have it readily available. You can deposit with PayPal even on the go, using your mobile, and you don’t need to have a physical debit card on your person. This makes the whole process very fast and simple.
Another big advantage of using PayPal for betting online is the fact that transactions are instant and almost never declined. As long as you’re betting with a reputable bookie, you’ll have no issues when using PayPal. Money will be transferred to your account immediately and made available to you to place any bets you like.
With new PayPal betting sites, you’ll also be able to claim all of their bonus offers and other promotions without any problems. New bookies love players who use PayPal because it is one of the safest methods that is very hard to abuse, so they can be pretty much certain that new punters making a deposit with PayPal are real people looking to place legitimate bets.
This also translates to the verification process, where it is much easier for PayPal users to verify their accounts. There is no need to send photos of credit or debit cards and betting sites are also much faster to verify those using PayPal to transfer money because PayPal has its own verification process in place. This means that the likelihood of someone trying to take advantage of a bonus offer, for example, is far smaller.
Finally, betting sites with PayPal will also let you withdraw your winnings using the same method, which is extremely convenient. PayPal withdrawals are traditionally among the fastest ones out there and you can expect to receive your winnings within 24 hours with most sports betting operators, which is another big reason to use this e-wallet for your online gambling transactions.
Downsides of online sports betting with PayPal
Perhaps one of the biggest considerations, especially for casual bettors, has to do with the fees. While deposits and withdrawals with other e-wallets are usually free, sports betting sites may charge a certain fee for using PayPal. These usually aren’t big amounts but for those used to betting small, free transactions can be very important.
There is also the matter of moving money from your PayPal to your debit card or bank account. This transaction isn’t free, either, expect if you wait it out and just withdraw once a month as PayPal offer one free withdrawal a month regardless of the amount. If you’d rather have your funds straight away, you’ll have to pay something for it.
Another risk of using PayPal for betting sites is that the company could change its policy again (although it is unlikely), which means that bettors would find themselves in a difficult spot, having to find alternative methods to continue their play and especially withdraw their money. While this is just a remote possibility and not a real concern at this point in time, it is something that some players might worry about.
Safety of PayPal sports betting sites
One final thing to consider in this review of betting sites using PayPal is how safe they are for the end user. When betting sports on the internet, many people are concerned for the safety of their information and sensitive details, and rightfully so. In this digital age, it is all too easy for someone to abuse someone else’s financial information and create serious problems for them.
When it comes to PayPal betting sites USA, as we’ve already emphasized, these bookmakers are mostly well-licensed and properly run businesses. This means that they take great care to protect their players’ sensitive information the best they can and their player databases are encrypted and almost impossible to access.
The advantage of using PayPal for your online transaction is that the information about your account is never actually stored with the bookie. You log in to your e-wallet through a separate PayPal page, which means that the operator never even has access to your log in details so there is no way for them to store them anywhere. So, even if someone were to hack your betting account, they couldn’t get hold of your PayPal information.
Finally, PayPal is a strong and reputable service that protects its customers as well. If something goes wrong and there are charges on your account not made by you, you can always file a dispute and request money to be restored. While this process can take a while and it doesn’t work all the time, you’ll often get reimbursed after some back and forth.
Bet with leading PayPal bookies today
Whether you’re a small-time punter or a serious bettor looking to take advantage of the best odds and bonus offers out there, there is the right sports betting site accepting PayPal out there. You simply need to check out our sports betting comparison and find the operator that fits your needs. From that point on, you’ll be just a few moments away from placing your first bets!
PayPal is just one of many available payment methods punters can use at US betting sites these days. It has many great advantages and it is definitely one of the fastest, most reliable, and easiest options to use to gamble online. This review has presented you with many important facts about PayPal and online betting and now it is up to you to decide if this is the option you want to use or you’d rather stick to some of the alternatives.