New betting providers with PayPal 2022 deposit

New betting providers are constantly entering the sports betting market, trying to win over customers with good service and a wide selection of bets. Of course, the service also includes payment methods. So, of course, all new sports betting providers also want to offer PayPal as a payment method for deposits and withdrawals. Some of these providers are not entirely new, but have only recently become available to customers again.

However, this is not easy because of legal regulations. PayPal subjects each partner to strict checks and requirements that they can’t always meet immediately. Therefore, it may take some time before a new betting provider gets approval from PayPal to be included in the range of payment methods.

With providers that have been on the market for a long time, the situation is easier. They have already gained a good reputation and can meet the requirements more easily due to their experience. Nevertheless, it can happen that even a brand new betting provider offers PayPal from the beginning.

PayPal sports betting 2022

The current situation allows only sports betting providers in the iGaming industry to offer PayPal as a payment method. Therefore, at most bookmakers you can fund your account with PayPal.

PayPal bonus

Whether you can cash out a sports betting bonus using PayPal depends on each individual sports betting provider. This is due to the different licenses and legal regulations of the countries in which the respective companies are located.

In most cases, however, PayPal is not a barrier to getting a sports betting bonus. This means that the betting bonus will be paid even if you have opened your sportsbook account through PayPal.

This option does not apply to all external payment service providers. PayPal is one of the leading companies here, too, in terms of convenience and service.

The best bonus offers from sports betting providers with PayPal

Sports betting PayPal payment possible Bonus
BETANO 20 € without deposit 100% up to 100 €
bet365 Offer code: WETT365
BildBet 100% up to 150 €
bet-at-home 50% up to 50 €
888Sport 88€ in free bets!

PayPal commission – is PayPal free?

Basically, registration, account management, and all deposits with PayPal casino are free. However, PayPal charges may apply for withdrawals. This is because PayPal charges a commission to sports betting providers. Some betting providers pass these fees on to customers.

In general, the current trend among bookmakers is to no longer pass on PayPal fees to customers. Competition is having a positive effect on sports betting enthusiasts around the world.

Whether your chosen betting provider charges a commission for PayPal transactions, you can find out in the terms and conditions, on the deposit and withdrawal page, or directly from customer support via email or chat.

Open and fund your PayPal account

If you don’t have a personal PayPal account you can create one in a few steps. Go to the PayPal website to register.

Registration is done in a few steps and is easy even for inexperienced users.

Choose a personal account when registering and enter your personal information such as name, address, email, etc. At the end of the process, you link your bank account to your new PayPal account.

A small amount of cents will then be credited for verification. Confirm the process by entering the verification code provided and you’re all set.

Please remember to choose a strong password. A strong password consists of upper and lower case letters, numbers and special characters, and is at least 8 characters long.

Open your PayPal account before you create your Sportsbook account, so you can choose your PayPal payment method directly.

The easiest way to fund your PayPal account is to transfer money from your bank account. You can also fund your PayPal account with a credit card, e-wallet, or prepaid cards.

How many customers does PayPal have?

There are currently more than 200 million customers with a PayPal account. Thus, the first destination, payment on eBay has long been secondary. Meanwhile, PayPal is used in every conceivable online store, no matter what it’s about. We’ve handpicked for you the best PayPal providers for sports betting. Meanwhile, you can even register directly with PayPal.

Advantages: high security, direct debit works the same way as credit cards of all kinds, the money won does not need to be transferred to the store first, as PayPal is accepted in almost all online stores.

Legendary Founder

Not only has the company created one of the most common payment methods, but it has also become one of the most legendary founders in Silicon Valley. Elon Musk is the founder of a company that launches rockets into space and also wants to get into space tourism. But he is even better known as the founder of Tesla, which is by far the most successful electric-powered car on the market. The foundation of all this was the creation of PayPal! eBay later bought the company, but the payment service had recently been so much more successful than the auction house that shareholders forced the parent company to take PayPal completely off the stock market so it could grow even better.

Background

Founded in 2000 in California, PayPal grew in a short time into such a successful method of online payments in the United States that the company was bought out by online transaction house eBay. Since 2004, more than 15 years ago, PayPal now has tens of millions of customers, many of whom use the service not for the original idea of eBay, but for many other online portals where you can pay with PayPal.

Creating an account is quick and easy

Those who don’t already have a PayPal account for sports betting can create one within minutes on PayPal’s own site or through a site that offers PayPal as a payment option. As a private customer, you enter several pieces of information, such as your email address, password, and your name and address, and confirm the email address, which is also your account identifier. In addition, you must provide your own bank account or credit card information in order for PayPal to transfer two small amounts to the specified account as a test to verify the account and thus definitively confirm it.

Using PayPal online

PayPal accounts can be funded by bank transfer, credit card or Giropay, or by sending funds through another PayPal account. Due to the enormous popularity of this payment method, it can be used to pay online, especially in stores, and even to make donations, depending on how the company is positioned in the online payment sector.

PayPal Sports Betting – Licenses

Since time immemorial, PayPal has sought to establish a good reputation for the use of its payment service. Initially, they were still critical of the betting market and so far only provided this opportunity to providers such as Betfair or bwin.

After a license for sports betting was granted to various, carefully tested bookmakers such as Tipico, Sportingbet, BetVictor, bet365, mybet, Interwetten, Betway and Ladbrokes, they also included PayPal in their payment options, which has many advantages for customers, because in most cases the online gaming bank is also connected to the same. On the one hand, you can be absolutely sure of the seriousness of the respective provider, and on the other hand, PayPal is almost always one of the deposit options with which you can claim bonus offers, while other e-wallets such as Skrill or Moneybookers, for example, are explicitly excluded from this.

Offers of popular bookmakers with PayPal

This electronic wallet has long been the most in demand in many markets. And we have no doubt that in the foreseeable future, PayPal will take the first position as the main method of payment in the market for gambling and sports betting. And it will be used by most of the players. The only thing left to do is to wait for the gambling market to come out of the gray zone and to be fully legal. Then PayPal will be able to totally enter this sphere. Since this payment method can be offered only by the most reliable and respectable providers. In all areas where PayPal is offered – it is one of the most demanded and popular. And the most important thing – this method of payment is the safest and the most trustworthy. You can not worry about your personal data and funds in your account.

Betway

  • Possible amounts: from 20€
  • Costs per transaction: none
  • Speed: Immediately there

At Betway, the deposit minimum is even a little higher, at 20€. For this, there is no limit when depositing with PayPal. The deposit is free and, of course, immediately in the account. At Betway, this payment method is even more important, because the 100% up to 100€ bonus (great bonus!) is only credited for deposits with betting provider PayPal, credit cards and instant transfer.

Withdraw with PayPal at Betway

  • Possible amounts: 20€ – 4.000€ per week
  • Costs per transaction: none
  • Speed: Immediately

There is a weekly limit for withdrawals, but this is a proud €4,000 per week. In return, the payouts are extremely fast and reliable. Betway has become one of the best betting providers in Europe for us.

Sports betting with PayPal at Interwetten

  • Possible amounts: 10€ – unlimited
  • Costs per transaction: 4.9% of the amount
  • Speed: Immediately there

Interwetten shows its old weakness here and that is the fees for most payment methods. 4.9% is not little, after all, you would squeeze off a steep 49€ as a fee for deposited 1,000€.

Withdrawals with PayPal at Interwetten

  • Possible amounts: 30€ – unlimited
  • Costs per transaction: none
  • Speed: Is indicated with 24 hours

Here, too, there is the usual Interwetten peculiarity: for all customers, the first deposit MUST be made by bank transfer. That is a perfectly understandable measure and countless fake accounts to prevent, but it can of course also be annoying. Sports betting PayPal is therefore possible!

PayPal at Betano

  • Possible amounts: 15€ – 5.000€
  • Costs per transaction: none
  • Speed: Immediately there

Betano PayPal deposits are no problem – fast, easy and secure. With a maximum of 5,000€, the needs and wishes of most are actually more than adequately covered. The PayPal deposit at Betano is free of charge, and fairly regulated with a minimum deposit of 15€.

Withdrawal at Betano

  • Possible amounts: 15€ – 5.000€
  • Costs per transaction: none
  • Speed: Within one day

Betano PayPal payout is also easily and quickly regulated. In general, all conditions are transparent for all users to see, even if you have not yet created an account at Betano. So you can inform yourself in peace beforehand and compare the methods.

Frequently asked questions

What payment methods can I use with PayPal?

You can use the following payment methods to fund your PayPal account: Direct Debit, credit card, or bank transfer. Unfortunately, other e-wallets or cryptocurrencies are not allowed.

Is PayPal secure?

Yes, PayPal is one of the safest ways to send money, deposit at a betting shop, or shop online.

Is it legal to use PayPal for sports betting?

Yes. PayPal almost completely left the gambling business a few years ago, except for a few sports betting providers. Otherwise, you can no longer fund your account with PayPal. Thus, special bonuses and payment methods apply to sports betting providers.

What are the sports betting providers with PayPal payment method?

We’ve named the best sports betting providers that use PayPal as a payment method on our list. There you can get a welcome bonus when you use PayPal to make deposits and withdrawals.

Are there any fees for PayPal?

There are no fees for deposits and transfers between friends. However, there may be a fee when paying online to protect the buyer. For more complicated issues, we recommend contacting PayPal customer service directly or checking the website.