The Top 10 recommended PayPal Bookmakers.
- 1 PayPal Bookmakers for Easy Deposits and Withdrawls
The PayPal Bookmaker sites on this page accept funding by deposits and withdrawals using the online payment method by PayPal. A popular and convenient way of moving money from whichever credit, debit banking account you have linked with your PayPal one. There are no fees for depositing or withdrawing your funds at the PayPal bookmakers listed below. Betfair being the exception with a 1.5% fee for deposits, withdrawals are free.
PayPal Bookmakers for Easy Deposits and Withdrawls
If you use PayPal to fund your betting accounts you will find that it's probably the easiest and the safest. Compared to the big names in e-wallet and I include Skrill, Moneybookers and Neteller, Paypal is my number one choice in online betting.
The PayPal bookmakers we have mentioned only accept this method as a payment option for customers from the following countries: Austria, Denmark, Finland, Greece, Ireland, Portugal, Spain, Sweden and United Kingdom.
Online Betting with PayPal
You may already have heard the adage that if an online casino offers PayPal as a deposit or withdrawal method, it is a reliable establishment. There is plenty of truth to this, because PayPal only works with companies that it deems to have met certain minimum standards of security. This is a complete guide to betting online with PayPal: what benefits this brings, which casinos and online bookies work with PayPal in the UK, and what PayPal's own policy on gambling is.
The Advantages of using Paypal
The most salient advantage of using Paypal when gambling online is that it provides you with an additional layer of security for your bank account, or credit or debit card. When you pay directly using your card on an online casino, you need to put your trust in that casino's security systems to keep your payment details safe. When you log in using Paypal, however, you never need to reveal your card details or bank account details to the casino in question: Paypal will handle the transaction for you, and their system is very secure as it is encrypted.
In addition, Paypal provides you with a certain amount of payment protection so that if the casino does something awry with your money, Paypal will be able to freeze the payment and return it to you within a set period of time. More detail will be given on the protections that Paypal provides for gamblers below.
The advantages of using Paypal do not stop there, however. Paypal also makes withdrawing and depositing money very easy: once you link your PayPal account to your bank account, you can deposit money into your bank instantly.
Finally, some gamblers find that loading money into their Paypal account rather than paying casinos directly using their card details or bank account numbers makes it much easier for them to control their spending. Thus, if you want to ensure that you want to gamble with £100 and nothing more this week, load £100 into your Paypal account, keep the online casino ignorant of your card and bank details, and use your Paypal account only to whirl that roulette wheel or lay down a pre-flop stake in poker.
In sum, then, Paypal is a payment option that is:
- Ideal for anyone who wants to keep control of their cash
Which online PayPal bookmakers are accepted?
Currently, there are a grand total of 14 online PayPal bookmakers in the UK that accept deposits from a Paypal account (and, usually, enable their punters to withdraw any winnings to their Paypal account, too). This list includes some of the UK's largest and most trusted betting sites, namely:
- William Hill
- 888 Sport
Of course, this is not the entire list. If you wish to see all 14 bookmakers which have integrated Paypal into their business operations, just scroll to the top of this page.
What online Casinos accept Paypal?
Online casinos in the UK have rapidly become wise to the fact that being able to offer Paypal payment services demonstrates that they have met Paypal's security standards. In addition, online casinos know that many gamblers prefer to use Paypal for the reasons outlined above. Currently, there are 42 UK casinos that accept Paypal. These casinos include:
- Luxury Casino
- Virgin Games
- Foxy Casino
- 32 Red
- Bingo Extra…
and many, many more. A full list detailing what online casinos accept Paypal in the United Kingdom can be found here. It is no accident that the list contains some of the biggest names in the UK casino world: as already established, in many sectors Paypal is synonymous with reliability and security. As you can see, there are a couple of gambling websites that have appeared on both of the lists cited above: Betfair is one example. This is because several sites double up as both online bookie and online casinos, and they accept Paypal for all types of gambling on their platforms.
PayPal Gambling Policy
Reflecting the fact that it is widely used in the online gambling world, Paypal has formulated its very own gambling policy.
This policy is part of Paypal's wider Acceptable Use Policy, which means that when you connect your Paypal account to a gambling site, your transactions are also covered by Paypal's rules and protections regarding the acceptable use of their services.
Nevertheless, there is one key restriction to the protections that you can enjoy when gambling with Paypal. This is the fact that Paypal's payment protection policy applies to all transactions except wagers of all kinds.
If you make a purchase on eBay and your item does not arrive, Paypal will be able to refund you the money very quickly and pretty much automatically in most cases as you will be governed by their buyer protection policy.
PayPal's wager Clause
Nevertheless, if you use your Paypal money to make a wager and then get into a dispute with the casino about something, Paypal's ‘wager clause' entails that you will not be afforded this automatic protection.
Paypal may well have introduced this clause due to a spate of gamblers who had deposited money in an online casino, gambled with that money, lost it all, and then tried to get their money back from the casino by invoking Paypal's buyer protection programme.
It does make sense that Paypal's gambling policy is more restrictive.
When you purchase an item such as a sofa or a sweater online, you have bought a real object that you expect to receive in exchange for your money. With online casinos and bookies, however, there is an inherent element of risk involved: it's part of the very nature of gambling that you do not have any concrete expectations that you will get any of the money you have wagered back at all.
In fact some commentators have summed up Paypal's payment protection policy and the gambling policy embedded within it by saying that this policy only provides maximum protection for ‘tangible objects'.