PayPal Betting Sites

PayPal is a secure payment method that allows for immediate deposits and quick payouts. It is also easy to use. As a result, it should come as no surprise that using PayPal for betting online has swiftly become one of the preferred banking choices for Australian bettors.

Payment by PayPal betting sites are becoming increasingly popular, so we decided to make things easier for you by providing all you need to know about these betting sites. Keep reading to learn more about the PayPal betting features, mobile compatibility, as well as how to make deposits and withdrawals at top PayPal betting sites in Australia.

Best PayPal Betting Sites

#
Betting Site
Promotion
Review
Bet Now
1
Racing Pick
Bet365
4.0
Bet With Bet365

2
Unibet
3.9
Bet With Unibet

3
Palmerbet
3.8
Bet with Palmerbet

About PayPal Betting Sites

PayPal is an online payment system that allows you to send and receive money as well as pay for services online.

When you link your bank account, credit card, or debit card to your PayPal account, you will be able to use PayPal to make online purchases at participating merchants. PayPal operates as an intermediary between your bank and merchants to ensure that your payment information is secure.

What makes Paypal sports betting really popular amongst Aussies is the fact that it’s easy to use. To use Paypal, all you need to do is open a Paypal account. In order to open a Paypal account, you'll need to enter some personal information, such as your complete name, address, phone number, and email address, among other things. Aside from that, you'll also have to link your account to your debit card, credit card, or bank account. In certain instances, PayPal may additionally need you to provide identification. Here’s an outline of the steps to take:

  • When you go to Paypal's website, click the Sign-Up button in the upper-right corner.
  • Choose whether you want to create a Personal or Business account, then click Next.
  • Submit your phone number to verify it.
  • After entering your email address and password, click Continue.
  • When you have finished entering all of the required information, click the Continue button.
  • Add your debit, credit, or bank account information optionally by selecting the blue Get started button.
  • PayPal will send you an email including a link that will allow you to validate your email address.

Once this is done, you’re prepared to start betting at some of the best paypal betting sites in Australia. Some of the legal betting sites that provide Paypal to Aussie Punters include:

  • Bet365
  • Unibet
  • Palmerbet

Mobile Punter? No problem. Paypal has lots of options for you. You can use the mobile responsive website or download a suitable application for your smartphone’s operating system. Moreover, the recommended bookmakers have betting apps that have Paypal integrated for your payments. 

Advantages and Disadvantages

Weighing the advantages and disadvantages of placing a bet with Paypal account is one of the most important things when picking a Paypal betting site. These pros and cons determine whether playing at Paypal betting sites is the right decision to make as an Australian punter. From my findings, the advantages outweigh the disadvantages. Let’s check them out together!

Advantages

Playing at the top Paypal betting sites in Australia has its own perks. These perks determine if you should choose Paypal betting  ahead of other payment methods. Read to find out the benefits you stand to gain from using Paypal as your preferred payment method: 

  • Time Required for Transaction Processing (Transaction Speed) 

It is straightforward and quick to deposit and withdraw dollars from your PayPal account to and from a bookmaking site. In actuality, it is one of the quickest methods available, with deposits done instantaneously and withdrawals often taking less than 24 hours (much quicker than Debit Cards for example).

  • There are no hidden costs

If you choose the right bookmaker from the list above, you will not be charged any deposit or withdrawal fees while transferring funds from one bookmaker to another.

  • Anonymity

Because the only information displayed on your bank statement will be your payments into or withdrawals from your PayPal account, it will be impossible for anybody to determine whether or not you have used an online bookmaker and to what extent (especially handy when applying for credit).

  • Security

When making online purchases, PayPal is a relatively secure method of payment. When you use PayPal, your personal financial information (card number, etc.) is never shared with the bookmaker, decreasing the potential of fraud or card data theft. Hence, new betting sites that accept Paypal as a payment method can be trusted. 

  • Generally Accepted

PayPal, which is accepted by all of the top online betting sites presently in operation has a wide reach. and may enable you to keep your betting money in one wallet while quickly and easily transferring it between several bookmakers to get the best price on your bets.

Disadvantages

There are few negatives to utilizing Paypal when compared to its numerous advantages. Curious about the disadvantages of playing at Paypal betting sites? Read on to learn more:

  • Not all bookmakers accept payments and withdrawals using PayPal.

While all bookmakers accept debit cards or bank transfers as deposit and withdrawal options, not all bookmakers accept PayPal as a payment method. Additionally, some sites may only accept PayPal for deposits and not for withdrawals. Take the time to research these terms and conditions before joining up with a betting site.

  • Currency conversion costs apply when you do not use the Australian dollar.

Payments via PayPal as an Australian are made in the local currency which is AUD. Therefore, when you play at Paypal betting sites in Australia that require USD, you will be charged additional costs in order to convert your funds.

  • You must have a PayPal account to play at the best Paypal betting sites. 

Paypal acts as a mediator in the vast majority of cases. To utilize Paypal at your preferred bookmaker's betting site, however, you must first have a Paypal account. Your Paypal account must thus stay active in order to be utilized to make payments at your preferred online betting site.

  • Bonus Limitations

When signing up for a betting site, keep in mind that although some bookmakers will recognize welcome bonuses if you make a PayPal transaction beforehand, others will not accept PayPal deposits as part of their welcome offers. This, however, is a very common occurrence, and it does not always apply to all other presently running promotions.

  • Extraneous Transactions,

Although using PayPal for online betting might make you feel safer and more secure, you must first put money into your PayPal account before you can start moving money around the internet with it. This requires extra time and effort, as well as an additional step in the transaction process, which some participants may be unwilling to do.

How to Deposit at PayPal Betting Sites

One of the most advantageous aspects of placing bets at PayPal betting sites is that they provide deposits and withdrawals. If you opt to wager with bet365 or Unibet, you will not be required to go through the process of depositing with one method and then cashing out with another. Please keep in mind that some betting sites like Palmerbet do not allow for PayPal withdrawals.

Making a deposit at a betting site using PayPal is a simple and fast process. In the event that you have already topped up your PayPal account, you are just a few clicks away from making your first real money betting deposit. Here are the steps to make your deposit on Paypal Betting Sites:

  • Create an account with the PayPal betting site of your choosing.
  • Go to the cashier or click the deposit button to make a deposit.
  • PayPal should be selected as your deposit method.
  • Enter the amount of money you want to put into your account.
  • When asked, enter your PayPal account information.
  • Confirm the transaction's completion.
  • Place your next successful wagers!

 PayPal betting sites allow for quick deposits within 24 hours, which is far faster than the majority of other payment options. On top of that, this e-wallet accepts Australian dollars. Hence, you won't have to worry about currency conversion costs.

How to Withdraw on PayPal Betting Sites

If you deposited using a specific method, the bookmaker would most likely require you to withdraw using the same method. If you've used PayPal to make deposits, you should have no trouble using it to make withdrawals in the future. All you have to do is follow the procedures outlined below:

  • Choose PayPal as your withdrawal method.
  • You will be redirected to Paypal, where you must enter your username and password to continue.
  • The withdrawal process will be triggered after everything has been confirmed. From the moment the confirmation is received, the withdrawal normally takes between 12 and 24 hours.
  • The funds are sent to your PayPal account during this period. Remember that withdrawals from your Paypal account to your bank account may incur a charge. 

Other Withdrawal Options

These are all the steps you need to withdraw at Paypal betting sites. However, not all sports betting websites that provide Paypal as a deposit method provide it for withdrawals too. For instance, just Bet 365 and Unibet provide Paypal for both deposits and withdrawals.

  • Bank Transfers

Bank Transfer is one of the most popular withdrawal methods at the best betting sites in Australia. The reservation I have about bank transfers is how long transactions take to get processed. In most instances, they take three to four days.

  • Debit Cards/ Credit Cards

Debit and Credit Cards are also available withdrawal methods at most betting sites in Australia. Keeping the banking situation in Australia in mind, you can easily get your debit and credit cards to make withdrawals on your favourite betting apps that provide Paypal.

Recommended PayPal Betting Sites to Play at in Australia

You may have difficulty locating the top betting sites that accept PayPal. You don't have to worry since everything has been checked for you. All of the suggested betting sites provide a plethora of fantastic features. To learn more, check out the finest Paypal betting sites below:

BoomBet

Boombet has been operating for a long time. However, in the Australian betting industry they are still a relatively new brand. It was rebranded to SportBetting in 1998, a year after it first appeared online. Fixed odds, customer service, and a user-friendly website and mobile app helped them keep a significant following.

Boombet Review

Visit Boombet

Unibet

For a long time, Unibet has been a major participant in the worldwide gaming market. Anders Ström created the company in 1997, and it is now situated in Malta. As recently as 2012, it purchased an Australian betting firm called Betchoice. In addition to nations in Europe and the United States, the Australian market was now included in a portfolio that was already extensive.

For Australian gamblers, it has subsequently become a favourite bookmaker because of its excellent odds.

However, Unibet's website is cumbersome, and faults that appear on the internet are also present while playing on the phone.

Unibet Review

Visit Unibet

Palmerbet

Australians have come to trust Palmerbet as a trustworthy bookmaker since it was founded in 2013. Palmerbet Despite the fact that they are less well-known in Australia than some of their largest competitors, there is nothing about their business that would deter prospective clients. Their services include reasonable stakes, a vast selection of markets, and top-notch customer service.

Palmerbet Review

Visit Palmerbet

Bonuses and Promotions on Paypal Betting Sites

Most of the bookmakers we recommend offer bonuses and promotions when you deposit using Paypal. However, advertising bonuses and promotions are banned by the Australian Government. Hence, you have to sign up at these Paypal betting sites before you can check out the bonuses and promotions available.

However, overtime popular bonuses include welcome bonuses, match and deposit bonuses.

Mobile Betting on Paypal Betting Sites

It doesn't matter whether you place a bet on a mobile or desktop device. No matter what kind of equipment you use, Australian PayPal betting sites will be able to provide. If you love to wager on the move, our top-rated bookmakers provide mobile betting apps that use Paypal and are available for both Android and iOS devices. Even if you play on their mobile websites, you'll have access to all of the finest betting options.

PayPal has the advantage of being very user-friendly on mobile devices. They have a native app as well, and it works well. Even if you just have a smartphone at your disposal, you may easily fill up your PayPal account or withdraw some money to your personal account.

FAQs

How long do deposits and withdrawals take?

Deposits and withdrawals are usually instantaneous. However, some withdrawals may take up to 24 hours to complete, although this is very unusual.

Is it safe to deposit with Paypal?

Yes! It's safe to deposit using PayPal because it is fully licensed and regulated. All payments are completely encrypted with the best software.

Does Paypal charge fees?

There is no charge to make a deposit at PayPal betting sites. Some withdrawals may have a small fee attached to them. Again, this will vary from bookie to bookie, but don't expect to pay a lot of money with PayPal.

What are other recommended deposit methods?

There are other recommended deposit methods to use like Bpay, POLi, debit and credit cards.

How does Paypal Sportsbetting work?

PayPal is an online payment system that many betting sites now accept. Punters can deposit and withdraw money without giving out their personal financial information, and many sites now accept PayPal. A PayPal account must be set up by users before they can use the service.