General

In Which Countries Can You Pay Via PayPal on Sports Betting?

PayPal is one of the most preferred payment methods in most countries. It is also a favorite deposit and withdrawal method for sports bettors. But not every country allows payment via PayPal. If you also want to make payments on all betting websites that take PayPal, read this guide until the end. Here, we have shared all about PayPal and its usage after interviewing Tim Harrison, the betting expert from BetZillion.

In Feb 2022, experts suggest that PayPal is yet one of the most used payment methods in renowned casinos. Bettors choose it repeatedly due to its easy usability and fast speed. But besides that, there are other advantages too of using PayPal. Do you want to know more about this excellent payment service? If yes, then read on!

In Which Countries Can I Use PayPal?

Before delving into any other details of using PayPal, we would like to share the name of a few countries where gamblers can freely use PayPal. Here are the top gambling countries that allow PayPal:

  • The UK
  • The USA
  • Denmark
  • Austria
  • France
  • Greece
  • Spain
  • Portugal

More countries accept PayPal payments, but it’s impossible to mention all of them in one guide. Hence, we recommend you check your country’s laws before using them. You can Google to find out whether or not PayPal can be used for betting in your country. Even though Google is a safe option, you can always contact a lawyer if you want a more concrete answer. They will know the best about the country’s financial laws and help you the best.

How to Use PayPal While Taking Part in Sports Betting?

Once you find out whether PayPal can be used in your country, the next thing you need to learn is how to use PayPal for betting. Here are the steps:

  • Set up your PayPal account: This step is not important for those already with a PayPal account. But if you are someone who wants to deposit money using PayPal but haven’t used the platform before, you need to get started from the basics. The first thing you need to do is create a PayPal account. It is an easy step. You need to provide your details, link your card and bank account, and then submit your KYC. PayPal might take 5 to 7 business days to review the KYC and activate your account. So make sure you do it at least a week before you plan to bet on your favorite sports.
  • Deposit money using PayPal: Once your PayPal account has been activated, Tim suggests you use it as a deposit method on a betting site. Visit the cashier section of the site, open the deposit page, enter the amount you wish to deposit and choose your preferred payment mode, which is PayPal in this case. Lastly, click on ‘submit,’ and the deposit will be initiated soon.
  • Use PayPal to withdraw cash: PayPal is a payment method that allows you to deposit and withdraw money without any hassles. Like the deposit method, while withdrawing too, you need to visit the cashier section of the betting site. Then choose the amount you want to withdraw and your preferred withdrawal mode, PayPal. Finally, submit the details asked by the site to complete and approve the transaction process. The withdrawal period is usually 3 to 5 business days when you use PayPal.

Sports Betting Sites Recommendations from WebFrenz that Support PayPal

To make your work easier, Tim also suggested the names of his favorite sports betting sites that support PayPal. The WebFrenz.com team took note of the sites. We reviewed them personally and were glad to see how incredible suggestions Tim had in store. Have a look below to know the names of all betting websites that take PayPal:

  • FanDuel
  • William Hill
  • BetMGM
  • Ladbrokes
  • Caesars Casino
  • Bet365 Casino
  • DraftKings
  • PointsBet
  • Unibet
  • Hard Rock Casino

Advantages of Using PayPal While Betting Online

Are you wondering what advantages you can enjoy while using PayPal for making transactions on online betting sites? We have listed down a few pros below:

  • Cheaper charges: PayPal has much cheaper charges than other payment modes. It charges even lower than what traditional banks charge.
  • Cardless payment: If you are tired of swiping your card every time you make a deposit, you can get rid of it easily by using PayPal. Here, you no more need to carry your card to make online deposits. Instead, you can download the PayPal app or use their website to make easy and quick transactions on any sportsbook site you want.
  • Popularly known for providing the best service: PayPal is the top choice among gamblers and business people, and service members worldwide. So why do you think they have such a huge base of loyal customers? It is because of the excellent quality service they offer. Seamless transactions, affordable rates, and a super helpful customer support team make PayPal popular.
  • Instant deposit: When you deposit money in a sportsbook account using PayPal, you don’t have to wait for hours to show the balance in your gambling account. It will be credited to your account within just a few seconds, and you will be able to place bets instantly.

Also, Read to Transfer Your Cryptocurrencies to Cash and Enjoy the Profits

Disadvantages of Using PayPal While Betting Online

Nothing in this world is perfect, including PayPal. So, here are the two cons of PayPal that one must consider before using this payment method:

  • Limitations: As discussed earlier, PayPal is not allowed in all countries. It is also not a valid payment option on all sportsbook sites. Hence, this one limitation will always be there. However, this limitation is true for all payment methods, and therefore, it is not a big deal.
  • Withdrawal time: Compared to Neteller and Skrill, the time taken for withdrawal by PayPal is slightly more. It takes around 3 to 5 business days.

As evident, the pros are more in number than the cons. So PayPal is a good payment method!

Final Words

Tim Harrison from Betzillion said that one should never use a restricted payment method in their country. If they do, they have to face legal consequences. That is why you should be careful before using PayPal too. You must do your research and find out if using PayPal is legal in your country. If not, do not worry because betting sites offer a range of payment options these days. Besides PayPal, there are many other payment services that you can use, like MasterСard, Visa, American Express, Apple Pay, and Amazon Pay.

Some cities in the US where you can use PayPal for sports betting include Las Vegas, Atlantic City, Reno, Tunica, Chicago, Detroit, Shreveport, and Palm Springs. So if you stay in any of these cities, you can enjoy all the perks of PayPal without worries. First, however, make sure you are not getting addicted to gambling at any cost. And in case you have already fallen into gambling addiction, get in touch with counseling firms like GamCare, GambleAware, Gambling Therapy, National Problem Gambling Clinic, etc.

Before leaving, share with us your experience with PayPal, and if you haven’t used it yet, when will you? We are excited to know!




Recent Posts

How E-commerce Businesses Can Capture The Purple Pound

In the United Kingdom, a remarkable opportunity exists for e-commerce businesses to tap into a…

4 months ago

Revolutionizing Testing Automation with No-Code Solutions

In the fast-paced world of software development and quality assurance, testing automation platforms have become…

7 months ago

What to Consider When Looking for a Coding Tutor

Coding is one of the most after-sought skills on the job market. Demand for programmers…

7 months ago

Understanding the Benefits of Life Insurance for Tax Savings

Life insurance plan is an essential tool for ensuring a financially secure and comfortable future…

8 months ago

International Door-to-Door Shipping for Spain to USA Deliveries

You’ve got your product ready to ship from sunny Spain to the land of opportunity,…

8 months ago

How to Master the Art of Couponing Online

Using coupons is one of the easiest ways to save money on essentials. Many rely…

8 months ago