There are numerous ways a player can pursue his passion for placing sports bets online, but they all require a deposit. One of the most common payment methods used for that is PayPal. The e-wallet provides safe and secure transactions, which are also instant. Precisely that is what sports betting website customers want since they won’t miss any important events due to a late deposit. Players can fund their PayPal accounts in many different ways and make fast and easy withdrawals to their bank account or another payment method.
PayPal is not that complicated to use, especially if you get the hang of it. That is why we will provide players with much-needed information about this payment method. While doing so, our main task is to display the advantages of using this deposit option. In addition, we will also look into the best sports betting websites that offer PayPal as a deposit and withdrawal option. That way, players can find the most suitable bookie for them, where they can also use their most beloved payment method.
Bet365
One of the best sports betting websites, where a player can deposit funds with PayPal, is undoubtfully Bet365. The British company has a solid experience behind its back, which is noticeable from the first time a customer opens the betting platform. By creating an account at Bet365, players can bet on thousands of events daily from numerous sports, including football, basketball, volleyball, tennis, and many more. Each sports event comes with a massive selection of markets, and their odds are simply brilliant. It is almost impossible to find a bookie that offers higher odds for most markets, especially the ones for football matches.
But the standard markets are not the only ones a player can bet on since Bet365 enhances most sports events with the Bet Builder feature. It basically allows customers to create a combination of markets on their own for the same football match, for instance. Let’s say a player wants to bet simultaneously on Result, Team Goals, and Corners. There is no such market available, but with the help of Bet Builder, he can create that exact combination. Bet365 customers can add up to 12 selections by using the feature. The bookie itself also offers them excellent Bet Builder suggestions, which in most cases, have higher odds than usual.
At Bet365, players can take advantage of even more features, such as Live Streaming and Cash Out. The most outstanding one of them is the Cash Out feature. It gives players the opportunity to control their bets and settle them even before the final whistle of a football match, for example. The Cash Out value is mainly based on the events on the field. As the odds for the chosen market fall, the amount offered by the feature rises. That also applies in the opposite direction.
After seeing all the incredible features of Bet365 and the available sports events, let’s take a look at the process of placing a bet. Once a player finds the perfect game and a suitable market, he must press on the odds to add the selection to his bet slip. The bet slip can hold up to 20 selections. After they choose wisely, players must also select what type of bet they want to use. The options they have are singles and multiples, while it is also possible to make one or more of the selections a Banker. After completing all of that, players can select the amount they want to wager and place their bet.
Most players prefer to place their bets from a smartphone or tablet, as it is possible to do so not only from the mobile version of the gambling website but also from the Bet365 app. The company’s customers can download the application directly from Google Play or Apple Store. The application also has additional goodies that will please every player. For extra help with installing the app or any other questions, customers can also turn to Bet365 support. The professional team of the gambling website is available 24/7 via live chat, email and web messages.
What is PayPal?
The main features of PayPal are sending and receiving money safely, securely and efficiently, shopping online, and, of course, depositing at a chosen sports betting website. To become a customer of the e-wallet, players must first download the free app or open the PayPal website. After that, they can create an account. That process includes entering a valid phone number, which they must also confirm. Afterwards, PayPal customers can add payment options to their profile, so it is possible to fund the account and use that money to deposit at a bookie or for other purposes.
PayPal Advantages
Millions of people choose PayPal for their online transactions, and there are more than a few reasons for that. The main one is that the e-wallet allows customers to process secure and fast payments from and to their accounts. In addition, they can use their account at PayPal to shop online, receive their salaries, and link their cards and bank account info in one place. With the addition of a mobile app, all of that is possible anywhere and anytime. And as one of the most popular payment options in the online world, PayPal seems suitable for every need. The best part is that with the help of the e-wallet, players won’t have to reveal any information about the payment methods used to fund the PayPal account when using it for other transactions.
How to Deposit with PayPal?
Let’s find out how players can deposit with PayPal at online sports betting websites. Of course, they should already have an account with the e-wallet company, and the bookie must allow transactions with that option. If that is so, players can find PayPal in the deposit menu of their profile on the sports betting website. After selecting the payment method, they will see only one field in which they need to enter the desired amount for the transaction. By pressing Deposit at the end, they will redirect to the PayPal website to enter their e-wallet account and complete the process. After the transaction is confirmed, the deposit amount will show up momentarily on the sports betting website.
Depending on the chosen bookie, players will also have minimum and maximum limits for deposits with PayPal. Those amounts usually don’t differ so much from the other payment options. One of the only problems a player can encounter while depositing with PayPal is if his accounts with the bookie and e-wallet are not registered under the same name.
How to Withdraw with PayPal?
Depositing with PayPal is relatively easy, but the opposite transaction is even easier. If available, the only requirement to use this option for a withdrawal is to have at least one deposit with the same payment method. Players already deposited with PayPal can process every withdrawal to their e-wallet account. After requesting the amount, they had in mind, the gambling website will forward it, and usually, in under 24 hours, it will arrive in the customer’s PayPal account.
As it was with deposits, there are limits for withdrawals with PayPal. However, those limits are not set by the e-wallet company but by the bookie. The same goes for additional fees for the transactions. At the same time, most leading sports betting websites don’t have fees for withdrawals with PayPal and deposits.