For those of you that enjoy online betting but are only looking to use a safe and secure method, then PayPal is definitely the choice you will want to go with.
The best PayPal betting sites provide an extra layer of security when you make your deposits and withdrawals. There are few payment services that can match the quality of PayPal and we show you why in the following review. Keep reading our review to see how you can create your PayPal account today.
Making a payment with PayPal betting sites – how to set your account up
If you are talking about one of the best financial payment services in the world, then you are undoubtedly talking about PayPal. PayPal has blossomed into one of the most used payment services as more and more people scramble to get their accounts set up. Whether they’re personal accounts or related to PayPal sportsbook accounts, we’ll take a look at how you can get your account started with this exceptional payment method:
Setting up your PayPal account
In order to get your PayPal account set up, you need to navigate to the PayPal website. You will then see the “sign up” button in the top right-hand corner of the homepage. Click on that where you will then head to a page where you have to enter in some information about yourself, and what you need from the account. Choose between the personal or business account. You will then add your mobile number which PayPal will then send a code to before you continue your sign up process.
From there, you enter in all the necessary information about yourself, including your full name, email address and your preferred password. Lastly, you need to enter your city, zip code and date of birth. Once all of this information has been filled out you can move on to the next phase of your account set up process.
Verifying your identity
Much like American Express betting sites, you will need to verify your identity with PayPal before your account is officially set up. This is done in much the same way, as you will need to upload a copy of your I.D. card, passport or driver’s license which PayPay will then verify for you. You will also have to upload a copy of a bank statement that is no older than 3 months in order to verify your proof of address as well. Once you have completed these two steps and PayPal have verified them, you will then be able to make your first deposit into your PayPal account.
Before you head off to sign up to one of the best PayPal bookies, you first need to make your first deposit into your PayPal account. It’s really easy as you just need to add money from your prefered bank account. The whole process shouldn’t take you longer than 5 minutes. After that, you can then make deposits using your PayPal account. You’ll first need to find some for the better PayPal betting sites that let you use this method but we can help you find the best ones.
Withdrawal and deposits with PayPal betting sites: speedy transactions
Making deposits and withdrawals with the best betting sites with PayPal is a breeze. The processing times for deposits and withdrawals can vary but for the most part, you can swiftly top up your accounts and withdraw money without any issues.
We found that making deposits with the best PayPal betting sites was incredibly speedy. We found that you can expect your transactions to clear almost instantly. The only thing to keep in mind is that these speeds may vary depending on the bookmakers themselves. Sometimes these operators may take some additional time to process your deposit request. This still results in almost instant deposits but it’s worth noting that it can vary at times.
When it comes to making withdrawals with the best PayPal betting sites, we found that yet again, the processing times can vary. They vary to a more significant degree than when you make deposits as we found that you can wait anywhere between 3-5 days when withdrawing your cash from the ebay PayPal betting sites.
PayPal verification requirements – confirming your account
PayPal actually gives users a bit more wiggle room than other online payment methods. What we mean by this is that you don’t actually have to go through the process of verifying your account if you don’t want to. However, this would mean that you are limiting yourself to a maximum of a $500 monthly deposit into your account. You won’t be able to add any more funds than that if you choose not to verify your account in full.
If you do decide to verify your account, like you would have to do with your average sports betting bank transfer, you will need to upload a copy of your standard I.D, driver’s license or your passport. Once you have done that you will also need to verify your phone number and provide proof of address by uploading a copy of your recent bank statement or utility bill. After you have completed these steps you are then able to top up your PayPal account with more than $500. The whole process can actually move pretty quickly and should have everything done within the same day.
The history of PayPal – how it became one of the biggest payment services in the world
One of the richest men in the world by the name of Elon Musk was actually involved with the start and growth of this phenomenal payment service. His initial company called X.com merged with a payment service company called Confinity. The two merged to what is now the widely renowned payment service company PayPal. It was officially renamed PayPal in 2001 when the company began to pick up some serious traction with a bigger client base.
If you think about the pioneers of an online payment service, PayPal is one of the first to come to mind as they were arguably the most successful company to branch out into this sphere of payments so early on. PayPal could be used for so much more than just online gambling purposes as the goal of the service was to become people’s everyday, go-to form of payment. They certainly weren’t far off as they have grown into one of the most widely used payment services not just in the US but in the world.
PayPal is well renowned not just for its exceptional efficiency and speed of transactions but also because it is incredibly secure to use. The payment service is known to use some of the most sophisticated security measures to keep their clients data and payment information safe either during transactions and even when they aren’t using their accounts. There have been little to no negative incidents involving PayPal which is why so many people continue to flock to this payment service.
PayPal betting sites are everywhere as more and more online betting sites have added this service to their available list of methods. There are still some online operators that have yet to add this method so if you are looking for a payment service that is a little more stable in terms of its availability then we recommend checking out our review of the best EcoPayz betting sites.
PayPal betting sites compared to other providers – why PayPal is so widely praised
If we had to list a bunch of positives about PayPal, we would be here all day but we will try to narrow it down to the absolute highlights of this payment service. First and foremost, the ease of making deposits and withdrawals. Aside from the fact that your processing times are exceptionally quick, we also love the fact that making deposits and withdrawals is made simple. The layout of PayPal either on the main site or with the best PayPal betting and PayPal sports betting sites is done in such a way that the process of making deposits and withdrawals is incredibly easy. Even if you are new to making online payments into your betting account, you won’t struggle at all with the easy to use PayPal system.
There is so much to love about using PayPal as your main payment service but there are a few things that can be a bit disappointing. This doesn’t really have anything to do with PayPal themselves, but more about the operators that can at times restrict PayPal users from being able to claim any promotional offers or welcome bonuses. If you make deposits with PayPal, then you may not be able to claim any welcome offers on a lot of these sites. This is pretty common and we hope it is something that will change in the near future. But for now, if you are looking to claim some online bonuses then you may want to opt for some of the other online betting payment methods that we have reviewed instead.
Three essential facts about using PayPal betting sites – what you need to know about the service
There are plenty of interesting and important things to know about PayPal. However, we have decided to narrow them down to three important facts which you can find below:
PayPal support 26 different currencies
The beautiful thing about PayPal is how inclusive it is. Users can select from 26 different currencies worldwide. This leaves a lot of room for plenty of different punters looking to use PayPal betting sites to choose their preferred currency. PayPal are really covering their bases with that kind of range, so you will more than likely find a currency on their platform that is going to suit you.
Much like other payment services like Neteller and Skrill, there are several sites that will exclude PayPal from being able to claim welcome bonuses and certain promotions. We aren’t entirely sure why that is, but that is the current situation on a lot of the PayPal betting sites that we have reviewed. However, it’s worth keeping that in mind if you were looking forward to claiming a couple of bonuses with these PayPal betting sites.
To verify or not to verify
PayPal gives its users the choice to verify their accounts or not verify their accounts. If you don’t want to verify your account when you will be limited to a maximum $500 deposit every month and not a penny more. So, if you don’t plan on using any more cash than that with your PayPal account, you can avoid the extra verifications steps. However, if you are looking to use your PayPal account more frequently then you will need to get through the identity verification process if you would like to spend more than $500 a month.
Conclusion for online betting PayPal sites
That brings our review of the best PayPal betting sites to an end. If we’re being completely honest, there are few online payment services that you can rely on more than PayPal. PayPal has become one of the most popular online payment methods for online gambling fans. Whether you are a fan of casino gaming or sports betting, PayPal will help you to easily top up and take money out of your account.
There are plenty of PayPal betting sites for you to choose from in the US right now. However, if you are looking for betting sites that give you access to more diverse payment methods you may want to check out our review for the best crypto betting platform. These platforms will often give you access to crypto payments and PayPal services, giving you the best of both worlds if you are after more payment methods.
Here at TheGruelingTruth.com, we give you all the information you could possibly need to set up your PayPal account. These payment services tend to vary on how you set up your account. That is why our review will take you through how you can create your PayPal account as we take you through the whole process step by step.
❓ Is there a customer support service at PayPal?
Having a great customer service team at your disposal can make a big difference to your user experience. As such, our review of the best PayPal betting sites will take you through the different modes of contact that are available for you to use if you have any issues using your PayPal account. We leave no stone unturned with our detailed review so be sure to check it out if you want to learn more.
💳 Can I use PayPal for any online sports betting site?
Not all betting sites were created equal which means that you won’t always find betting sites that accept PayPal. In our review, we point out which of these sites are currently the best sites to use for PayPal deposits. We’ll show you which of these sites we currently rate as the best right now.
📱 Can I make PayPal payments on these sites via mobile?
And lastly, we take you through whether or not these PayPal betting sites allow you to make deposits and withdrawals using a mobile app. Mobile apps are a great way to top up your betting accounts while you are on the go which is why we make sure to shed some light on which of these sites actually have apps available for you to download. We’ll give you the rundown on which of these apps are the best and which of them actually allow you to make quick and easy payments with PayPal via mobile.
Players must be 21 years of age or older to reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council of Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.