There are many different methods of payment available these days when it comes to betting on sports and casino.
One of the most popular and secure ways to deposit and withdraw is via PayPal, and that’s for a variety of reasons.
Below you’ll find all you need to know about betting with PayPal, including the best sites in which you can play at.
How To Use PayPal With Betting Sites
e-Wallets are hugely popular these days and PayPal is certainly leading the way. That’s down to a number of reasons, one of which being simplicity.
You can use PayPal with many sites these days to deposit and withdraw and all you generally need to do is link up your PayPal account to your betting account.
To deposit with PayPal for your online betting app or casino, simply take these steps…
- Sign-up or log in to a betting account.
- Visit the deposit section of your account settings.
- Select PayPal as the method of payment.
- Log-in to your PayPal account.
- Select the account in which you wish to deposit from and enter the amount you wish to add to your betting account.
- Click deposit and the funds will be added to your betting account.
When it comes to withdrawing, it’s a similar story. Head to your betting account and withdraw in the same way you would to a bank account. Instead, select PayPal as your chosen place to withdraw. It’s that simple!
Which Betting Apps Offer PayPal As A Payment Method?
You’ll find most online betting apps offer PayPal as a payment option these days and in fact more and more people are using them ahead of the likes of bank transfer and debit and credit card.
Benefits Of Betting With PayPal
The reason e-Wallets and PayPal are really taking off within betting is due to the major benefits that come with that.
One of the biggest benefits is the speed in which transactions can be made. PayPal withdrawals and deposits are much quicker than bank transfers and the like, particularly when it comes to the former.
In some cases it can take up to five days to see a withdrawal enter your account. However, with PayPal that is much quicker and in some cases can be almost instantly.
As well as this, it’s also safer. Transferring money from your PayPal account is done with encryption and also means that at no point does your betting account connect to your bank account. Your e-Wallet essentially acts as a go-between, therefore is a much safer option.
In this case, because there’s no connection directly between a betting app and your banking account, your bank also won’t recognise that you are depositing with a bookmaker or casino, something which can be frowned upon, particularly with credit card companies.