PayPal Betting Sites: Top Bookmakers That Accept Paypal

Management of your betting bankroll is an integral part of online gambling. e-Wallets like PayPal are one of the best payment methods out there, thanks to benefits like security, convenience, and speed. 

Here at HorseRacing.net, we’ve hand-picked a selection of top PayPal betting sites to make your search easy. Browse our rankings to get started, or keep reading to find out all you need to know about betting sites accepting PayPal. 

Intro to PayPal Betting Sites

One of the most widely used payment methods across the web, PayPal is available at a large number of betting sites. The service is what’s called a digital wallet or e-wallet, where a multitude of useful banking features are combined into one account. 

Users can store all their different debit cards within the PayPal account, instead using their registered email and password to complete transactions while keeping financial information private. PayPal accounts can also hold a balance, so they’re a fantastic way to keep track of your betting budget. Another key benefit is fast withdrawals, often arriving the day they’re requested and sometimes instantly. 

You’ll find PayPal supported at most leading bookmakers, including sportsbook brands like bet365. Read on and we’ll dig into everything this e-wallet has to offer in more detail. 

Top 15 PayPal Betting Sites Compared & Reviewed

Looking for your next betting site accepting PayPal? We’ve selected a few of our favourites below.

1. bet365

bet365 is among the best PayPal betting sites for various reasons. My primary highlight was the fast payout speeds, with the operator promising all withdrawals within 24 hours. It only took a few hours during my tests, confirming bet365 as one of the fastest-paying PayPal bookmakers. 

Another key bet365 highlight was using the e-wallet to make a qualifying deposit for the bet £10 and get £30 in free bets welcome bonus, which isn’t possible at most other PayPal betting sites. I had to ensure my identity documents had been validated and enter a postal verification code to do so – an option not many other bookies offer. The only slight drawback was the minimum £25 deposit and maximum £5,500 withdrawal (small compared to the £20,000 for debit cards). I found it particularly frustrating when all I needed was an extra tenner in my account, so bear this in mind if you’re betting on a budget. 

Despite this minor gripe, bet365 leads the pack on several other key metrics, with the critically acclaimed bookmaker giving punters an outstanding array of in-depth betting odds, regular odds enhancements, horse racing features like “My Horses”, and more. 

2. BoyleSports

BoyleSports lives and breathes horse racing betting, with the independent bookmaker having one of my favourite racing layouts and several other beneficial characteristics. I could access my betslip, a racing calendar, promotions, racecards, and upcoming bets with one click from the homepage, generating one of the most streamlined betting experiences I’ve had so far. 

But that’s enough of the horse racing betting advantages, what about PayPal? BoyleSports processes withdrawals using the e-wallet within a few hours, putting it up there with the fastest platforms. I was also happy to find a painless deposit process, with the PayPal pop-up just requiring my username and password before redirecting to the operator. The deposit landed in a blink of an eye as well, so there’s no need to wait around before betting. 

One thing I’m not so keen about with BoyleSports is the complicated £25 free bet bundle terms and conditions. PayPal is excluded from the bonus, which is bad enough. Even worse, you actually only receive a 50% average of your first three bets after claiming an initial £5 free bet. However, this is one of the only drawbacks. By and large, BoyleSports excels as a PayPal betting site, especially on horse racing. 

3. BetVictor

I’m a huge fan of the BetVictor horse racing welcome bonus, offering significantly more free bets than alternatives. First-time customers can access £50 in bonus funds after an initial £10 stake, providing a great way to get to grips with the platform and experiment with some new betting markets. 

Unfortunately, I couldn’t use PayPal to claim this bonus, with only debit cards qualifying. Very few bookies allow the e-wallet to be used with these promotions, so it’s not quite as much of an issue. BetVictor performed admirably during my payout processing speeds tests with PayPal.

The bookmaker has one of the lowest minimum deposit amounts at £10. The current £100,000 maximum withdrawal limit per day is also the industry’s largest, but I struggled to verify whether this was available via PayPal. My final BetVictor highlight is the first-rate design, making PayPal transactions effortlessly simple. 

4. Betfred

I’ve got to heap major praise on Betfred’s remarkable ongoing horse racing promo library before getting into its PayPal betting options. The operator starts things off with a bet £10 and get £40 welcome bonus – one of the most generous options available. But this is just the tip of the iceberg, as I was also treated to money back offers, extra places, super extra places, BOG from 8am, odds boosts, and even a 25% cash bonus if I placed a winning Lucky 15, 31, or 63. 

E-wallet and prepaid card restrictions apply on the deposit bonus, so Betfred falls behind bet365 here. Other than that, the PayPal betting experience is largely impressive. I like the simple cashier section, echoing the slightly dated yet straightforward design seen elsewhere on the platform. 

I particularly enjoyed the £5 minimum PayPal deposit at Betfred, lower than most competitors that usually require at least £10. The operator lags slightly behind other UK bookmakers with its processing speeds, which can take up to two days. I still got my withdrawal within 24 hours when I tried, but it took longer than the industry leaders regarding fast payouts. 

5. Unibet

Unibet has one of my favourite racing layouts alongside BoyleSports and an exceptionally deep number of potential markets. I enjoyed PayPal betting on extremely rare options like Chilean and Uruguayan races, demonstrating the operator’s industry-leading coverage. Punters also benefit from a personalised selection of existing customer bonuses – a cool scheme I’m a big fan of. 

New customers must make their first deposit using a debit card to qualify for the up to £40 money back on horse racing welcome bonus, so take this into consideration. Betting with PayPal at Unibet also delivers speedy payout processing speeds, with funds largely landing within 24 hours.

Despite the many advantages, I do have some worrying complaints regarding PayPal betting at Unibet. It looks as though the bookies has removed the e-wallet as a UK deposit and withdrawal method on several occasions. I’ve used PayPal at Unibet before, but it wasn’t available on my most recent visit. I also saw other users complaining after checking the ‘Deposit and Withdraw Help’ section of the Unibet Community help platform.

6. BetUK

BetUK recently added PayPal to its deposit and withdrawal options, further enhancing this budding new bookmaker. I was very impressed by the immediate processing time for PayPal withdrawals stated in the FAQ section, but also had my suspicions. While the payment didn’t land immediately, it didn’t take long at all during my tests. As a result, BetUK matches other leading PayPal betting sites for speed. 

I also enjoyed the bookmaker’s straightforward, no-fuss cashier design. There aren’t many banking options available, which can be a drawback for some bettors. But if you’re set on using PayPal, it actually makes the whole process much easier to navigate. The minimum £10 deposit amount is favourable, but my favourite highlight is the fact that PayPal is eligible for the bet £10 and get £30 in free bets welcome bonus. 

While it doesn’t quite match the service offered by top-spec horse racing betting platforms, BetUK still has a fantastic array of options. I particularly liked the calendar under the ‘Meetings’ tab, displaying a very clear overview of the upcoming events for the month. Punters also enjoy extensive live streaming coverage alongside weekly £5 free acca bets and 50% acca profit boosts. 

7. VirginBet

VirginBet is another one of the fastest PayPal betting sites, with the payments team processing withdrawal requests in a matter of minutes. The Virgin-branded bookmaker matches trailblazers – a significant highlight I was very happy to find. Elsewhere, the operator puts a £10 minimum limit on PayPal deposits and a £20,000 maximum on withdrawals, similar to most other platforms. 

One slightly frustrating aspect I found was that PayPal is blocked for punters making their first deposits. As a result, you cannot take advantage of the bet £10 and get £20 in free bets welcome bonus either. But I’m not going to let this dampen my VirginBet enjoyment, especially when the operator has such a wonderfully designed payment process. 

This first-rate design is a common hallmark when betting at VirginBet. I loved the easily accessible betslip on the right-hand side of the screen and particularly enjoyed the horse racing betting section. The operator seamlessly integrated Racing Post tips and racecards, something I found consistently indispensable. 

8. William Hill

I recently checked out William Hill, a trusted online bookie and one of the top bet sites that accept PayPal. Their user-friendly website and app provided a smooth betting experience, though PayPal isn’t an option for the Bet £10 Get £30 welcome offer, which provides 3 x £10 bet credits with promo code R30.

Using PayPal for subsequent transactions at William Hill is straightforward, but deposit and withdrawal limits are more stringent compared to other e-wallets. For instance, the max payout with PayPal is £5,500, while it’s £300,000 for Payz, something for high rollers to consider. PayPal withdrawals at William Hill often land the same day, offering fast access to your cash.

With banking sorted, I explored the range of sports and markets available. William Hill shines with its horse racing markets, including UK, Irish, and international events, along with various promotions like extra place races and the EPIC Boost, which doubles the odds on a horse of your choice. Beyond horse racing, William Hill offers a diverse range of sports, from football and tennis to niche options like volleyball and water polo. With an online casino for good measure, William Hill seems like a top pick among PayPal gambling sites.

9. Kwiff

There’s a wide choice of new betting sites that accept PayPal, but kwiff really stands out for me. The bookie's unique ‘kwiffed’ feature, where any bet’s odds can be supercharged at random, brings an added layer of excitement to the usual betting experience.

They also offer a great welcome bonus – a £30 surprise bet when you bet £10. This new customer bonus is quite unique. While I appreciate the randomness might not be for everyone, it’s a plus that PayPal deposits qualify for the offer, ensuring instant access to this popular payment method. Speaking of PayPal, deposits start from £10, and the maximum varies. For withdrawals, PayPal is convenient as well, allowing requests from £30.

Regarding horse racing, I found UK, Irish, and international races on Kwiff, along with deals like First Past the Post and a 2nd Place Refund offer. However, it wasn’t all perfect. The horse racing betting page's layout on kwiff was a bit lacking. I could only see race cards for events happening that day. I enjoy checking out upcoming races, so this was a drawback. For other sports, kwiff does better, offering not just a wide range but also a more user-friendly layout.

10. Grosvenor Sport

There’s no doubt that Grosvenor is a top pick for PayPal users. The platform fully supports PayPal, with a low minimum deposit of just £10. For PayPal withdrawals, it’s better still – not only can you withdraw as little as £5, but the process is fast, usually taking just 15 minutes. 

Promotions are a perk that can make or break a site for me, and I’m pleased to report that Grosvenor offers hit the spot. While the 100% odds boost token for new customers doesn’t quite match up to the generosity of some other offers out there, it’s certainly unique. Plus, there’s no shortage of offers on the table once you join the realms of existing customers. A free daily scratch card, 2nd to the SP Favourite offers, and weekly in-play boost bundles for the biggest sports are among those that stood out for me, but there’s something for everyone here. 

What really adds to the appeal is Grosvenor's excellent mobile app. It's user-friendly and makes betting on the go simple and enjoyable. Based on my experience, I'd definitely use Grosvenor Sport again, both at home and while out and about.

11. SBK

SBK really caught my eye as an app-only sportsbook, and my experience using it on my iPhone was great, matching the good reviews it's received on the App Store. The site has a good rating from Android users too, making it a top all-round choice for mobile betting. 

The new customer offer, where you bet £10 to get £30, is generous but comes with a catch: it’s debit card only, and the free bets are spread out over two weeks. For someone who prefers immediate rewards, this staggered approach might not be ideal. Despite this, SBK, part of Smarkets, offers a broad range of sports and sharp odds. However, it falls short in regular promotions compared to giants like William Hill, focusing more on odds than frequent offers.

The experience for PayPal users at SBK is mixed. You can't use PayPal for the welcome offer, and the minimum deposit is higher at £25, compared to other methods at £10. The maximum PayPal deposit per day is just £250. On the flip side, I found PayPal withdrawals more user-friendly, with a minimum of £10 and a maximum of £5.5k, processed within 24-48 hours.

12. LiveScore Bet 

Having recently tried out LiveScore Bet, I found the deposit process especially straightforward. They offer only PayPal, Trustly, and Visa/Mastercard debit cards, which simplifies things. The minimum deposit is £5 for debit cards and Trustly and £10 for PayPal, which isn’t a huge deal. Withdrawals are equally simple with a minimum of £10 across all methods. A generous maximum limit of £20,000 applies to both deposits and withdrawals, and for all payment options. 

Their Bet 10 Get 20 new customer offer is decent, though not the highest on the market. However, LiveScore Bet excels with its ongoing promotions like best odds guaranteed, money back offers, and extra place races in horse racing. For those interested in betting on sports, the selection here is extensive, including everything from popular sports like football and golf to niche options like Lacrosse and Speedway. As with horse racing, the sports are matched by an exciting lineup of promotions.

Overall, my experience with LiveScore Bet was positive, and not just because it's one of the top betting sites that use PayPal. The site offers perks like live streaming and a standout mobile app, perfect for betting on the move.

13. JeffBet

At first, JeffBet struck me as leaning more towards an online casino than a sportsbook. However, after spending some time on the site, I found its sportsbook section quite capable. While it doesn’t boast the broadest range of sports betting options, it's perfect for those who enjoy a blend of online slots, casino games, and a bit of sports betting.

As a PayPal user, I noticed JeffBet has a higher-than-average minimum deposit of £20. Withdrawals, however, can be made from as little as £2.50, but there's a processing fee of 1% up to £3 per withdrawal. Although this fee was a bit off-putting, it seemed a small compromise for the variety of offerings on the site.

The promotions at JeffBet particularly stand out. The 'Bet 10 Get 30' welcome offer is quite enticing, even with the caveat of wagering free bet winnings. The Free Bet Mondays’ promotion, which gives a £20 free bet for a £50 deposit and bet, and the various cashback offers, add to the site's appeal. These promotions, alongside the mix of casino and sports betting, make JeffBet a site I’d consider revisiting, despite it not being one of my preferred websites that accept PayPal. 

14. Sky Bet

During my review of Sky Bet, this popular online bookie started strong with a compelling offer for new customers: deposit £5 and place a bet (as low as 5p) to get £30 in bets, divided into 3 x £10 bet credits. This offer makes it easy to explore a wide range of sports.

The variety of sports on Sky Bet is quite extensive, including all the popular choices, along with an interesting selection of niche sports for bettors seeking something different. The Sky Bet Club is great, offering a weekly reward for betting £30, which is a nice bonus. However, it's their horse racing betting that really stands out. They cover UK, Irish, and international races, spicing things up with regular promotions like prize boosts and money back deals.

Despite its many pluses, Sky Bet has some limitations for PayPal users. The minimum deposit is £20, which is higher than the £5 for other methods like debit cards, Apple Pay, and Google Pay. A more significant downside is that new customers can’t use PayPal, restricting its use to those with existing Sky Bet members who have previously deposited with PayPal. That said, if using a debit card isn’t an issue, Sky Bet still offers a lot to enjoy, particularly with its comprehensive sportsbook and attractive promotions.

15. 10bet

Surely one of the best PayPal betting sites UK-wide,10bet offers full flexibility for PayPal users: instant deposits from £10 to a whopping £50,000, and withdrawals that match this upper limit but can start as low as £1. What’s more, there are no fees, and the processing time for withdrawals is reasonable, typically up to 48 hours. 

The welcome offer is quite exciting too: a 50% matched bonus up to £50, meaning to grab the maximum £50 bonus, you need to deposit at least £100. Importantly, this can be claimed with PayPal, which is a big plus in my book. On my visit, I also discovered several attractive betting offers, such as up to 100% boosts on winning accumulators and various £5 free bet deals for betting £40 on sports like greyhound racing, American sports, and horse racing. 

10bet also takes responsible gambling seriously, offering a range of tools to help maintain safe betting habits. While I found their website extremely user-friendly, the mobile app didn’t quite hit the mark for me, a sentiment echoed in many user reviews. 

How We Rate PayPal Betting Sites

We don’t just recommend any riff-raff here at HorseRacing.net. Our experts take various crucial factors into account when selecting the best UK bookmakers, but PayPal integration is the most important characteristic for the purposes of this page. The e-wallet offers several benefits compared to other methods, so we’re on the lookout for betting sites that can deliver the best possible PayPal betting experience. 

But what does this entail? We look at a range of important aspects to give the most holistic and effective overview of how each platform fares. Our detailed mini-reviews examine the payment speed, bonus eligibility, ease of use, and minimum/maximum limits. 

While most sites perform relatively well regarding these factors, only a select few can offer notable highlights like PayPal eligibility on deposit bonuses. These small margins can make all the difference when ranking the top PayPal betting platforms, so we always delve as deep as possible into the terms and conditions. 

Despite this page’s focus on PayPal betting, it certainly isn’t the only piece of the puzzle. HorseRacing.net also considers a number of different areas to guarantee our recommendations tick all the right boxes. These factors include:

• Licensing – We exclusively recommend PayPal betting sites with a valid UK Gambling Commission license, providing you with essential safeguards like fair play, responsible gambling tools, and an assurance that your data will be handled securely. 
• Bonus Offers – We go the extra mile by carefully evaluating the range of bonuses and promotions available to new and existing customers, combing through the full terms and conditions to assess the true value of offers and ensure you’re getting a fair deal. 
• Sports and Markets – An extensive range of sports and betting markets is paramount. The best PayPal betting sites offer action on a diverse mix of both popular and niche sports, providing ample opportunities for a bit of variety on your betslip. 
• Features – Distinctive features can set online bookies apart. We look out for platforms that offer extra functionality like live streaming, live betting, and early cash out. Some go further still, providing stats, insights, virtual and e-sports betting, and casino games.
• Alternative Payment Methods – While PayPal support is a given for the betting sites featured on this page, we also assess the availability and speed of alternative options like Skrill, Trustly, and Paysafecard, including a review of withdrawal processing times.
• Site Design – We appreciate betting sites that are easy to navigate and free from technical glitches. There are bonus points for those sites that are not only user-friendly and glitch-free, but also look the part with a visually appealing design.
• Mobile –  Loads of punters bet on their phones, making mobile compatibility essential. We check out what sites have to offer, taking mobile sites and betting apps for a spin to ensure they hit the spot for mobile bettors.
• Customer Support – It’s good to know the bookie’s there to lend a helping hand if you run into any technical problems or have a question about your account. We love to see betting platforms offer support via 24/7 live chat, email, and phone channels.

Why Should I Bet Using PayPal?

PayPal stands out as a secure, convenient, and fast payment method for online sports betting. Its advanced encryption technology protects your financial data, reducing fraud and identity theft risks, while the user-friendly interface simplifies deposits and allows for easy switching between linked payment methods. Speedy transactions enable quick betting and access to winnings, and the mobile app offers on-the-go account management. Below, we’ve rounded up some of the main benefits of placing a bet with PayPal, while also offering a peek at the potential drawbacks.

Key Benefits of Betting using PayPal

Online sports betting with PayPal offers a range of benefits to online punters, including increased security, convenience, speed, and mobile accessibility. Below, we’ll take a closer look at some of the benefits of using PayPal at online betting sites like Betfred and BetVictor. 

Security 

One of the biggest pluses of using PayPal to bet online is the added security it provides. PayPal uses advanced encryption technology to protect your financial info and prevent unauthorised access. By using PayPal betting sites, you can avoid sharing details like debit card numbers with online gambling sites, minimising the risk of fraud or identity theft.

Convenience

PayPal provides a convenient way for you to manage your online betting account. You can quickly deposit funds into your account using a bank transfer, debit card, or PayPal balance. Plus, by linking multiple bank accounts and cards to your PayPal account, you can easily switch between payment methods without the need to enter new details each time.

Speed

PayPal offers one of the fastest ways to deposit and withdraw funds from your betting account. PayPal deposits are typically processed instantly, so you can start placing bets right away. Withdrawals also tend to be speedy, with funds often credited back to your PayPal account within 24-48 hours of your withdrawal request, if not faster. 

Mobile 

To complement the PayPal website, there’s a PayPal mobile app that makes it easy for you to manage your account on the go. The app allows you to check your balance, make deposits and withdrawals, and view your transaction history, all from your smartphone or tablet. This makes it easy to stay on top of your bets, no matter where you are.

Key Disadvantages of Betting using PayPal

Betting with PayPal offers several perks, but it’s important to be aware of the potential drawbacks associated with using this e-wallet for online sports betting. Here are a few key things to watch out for:

Bonus Eligibility 

While PayPal offers better bonus eligibility than Neteller and Skrill, some sites may exclude all e-wallets from their bonus offers. This makes it essential to check out the terms and conditions for individual betting sites and bonus offers to ensure you don’t inadvertently forfeit a bonus you’re looking forward to. 

Limited Availability

Many bookmakers feature PayPal as a payment option, but not all betting sites offer it. This could restrict your choice of betting platform if you’re dead set on using PayPal as your preferred betting option. Make sure to confirm PayPal's availability for deposits on your chosen site before signing up.

Need to Set Up a New Account

Setting up a separate PayPal account for online betting may not appeal to every punter. It involves providing personal information and linking it to your bank account or cards. While it enhances security, this extra step might not appeal to everyone who prefers simpler transactions with no middleman.

Can You Receive Welcome Bonuses by Depositing with PayPal?

Yes, in many cases, you can claim betting site welcome bonuses when you deposit with PayPal. However, at some betting sites, e-wallet eligibility can be a bit hit and miss. While in most cases, it’s Neteller and Skrill that are off the menu, with PayPal off the hook, that’s not always the case. This makes it a smart move to read the full terms and conditions before claiming a bonus. As always, we’re here to provide some inspiration, handpicking some of the best bookmakers that accept PayPal deposits for their welcome offer:

• Kwiff: Bet £10 Get £30
• 10bet: 50% up to £50
• Grosvenor: Double the Odds Token
• LiveScore Bet: Bet £10 Get £20

How to Withdraw Funds from Betting Sites with PayPal

Withdrawing your cash from betting sites with PayPal is simple, working in much the same way as depositing, but with even less to do. Follow these steps for a hassle-free payout. 

1. Log In and Access Cashier - Start by logging into your betting site, either on desktop or mobile. Once logged in, head to the cashier or banking section, usually located within your account settings. This section is where you manage all your financial transactions, including withdrawals. 
2. Choose PayPal and Enter Amount - Within the cashier section, look for the withdrawal option and select PayPal. Next, specify the amount you want to cash out to your PayPal account. Remember, betting sites usually impose minimum and maximum withdrawal limits. 
3. Confirm and Submit - Next up is to review the withdrawal details to ensure everything’s correct. This includes verifying the withdrawal amount and ensuring your PayPal email address is correct. Once you’ve confirmed all the details, go ahead and submit your withdrawal request.
4. Check PayPal Account - The betting site will now process your withdrawal request, often faster than other methods. Keep an eye on your PayPal account; the withdrawn funds will appear there, ready to transfer back to your bank or use for future betting and online purchases.

PayPal Betting Site Features

PayPal betting sites have numerous special features that significantly enhance the overall experience. Our experts use some of the following characteristics to differentiate between leading UK bookies: 

Live Streaming

Horse racing live streaming is available at the best PayPal betting sites, a significant benefit that is particularly useful when used together with in-play betting. It’s not always easy to find horse races on free TV channels, not to mention attend a popular racing meet in person. Bookmakers with a comprehensive live streaming platform offer customers an easy way to watch, especially via mobile apps. 

In-Play Betting

In-play betting is often better suited to other sports like football or tennis, but it can also be a particularly useful tool for longer horse races like the Grand National. Live betting allows punters to place bets after an event has started, allowing for more accurate and informed bets due to being able to see how each horse starts, adjusting your forecast accordingly. Head to the in-play betting suite at your chosen bookies to find all odds currently on offer.

Cash Out

Cash out is another highly advantageous tool when betting with PayPal, especially if you move quick enough. Many leading UK bookies allow their customers to cash out on a bet before the event has finished at a reduced price. It can be a great way to avoid losing your entire stake on a horse that has fallen out of the running or capitalise on an early lead from a runner known to falter towards the end of a race. 

Fast Withdrawal

Fast withdrawals are naturally top of the checklist for many punters at PayPal betting sites. The e-wallet can offer some of the most rapid payments, so finding a platform with fast processing speeds is important. Our experts always look at withdrawal speeds when reviewing platforms to give you the quickest access to any winnings.

PayPal Betting Offers

Whether you’re a loyal existing customer or looking to create a new account, there are plenty of PayPal betting offers up for grabs. With any bonus, be sure to read the full terms and conditions before you claim.

New Player Betting Offers

The most generous bonuses are usually awarded upon signing up. Here are some different offers you might find:

• Free bets are usually given in return for a qualifying bet, and let you place a wager without risking your own cash.
• Matched deposits see the bookmaker award bonus bet credit based on the size of your qualifying deposit.
• Risk-free bets and bet refunds return your stake — either as cash or a free bet — if your first wager at the site loses. 
• Free spins are sometimes offered alongside betting offers if the bookmaker also operates an online casino. These tokens can only be used on the slots, and often come with lofty wagering requirements.

Existing Customer Promotions

It wouldn’t be fair if new customers had all the fun — thankfully, those who stick around can often reap the benefits of ongoing promotions:

• Free bet clubs reward those who stake a certain amount each week with free bet tokens.
• Odds boosts give increased payouts on selected markets. Sometimes, punters can choose specific bets to receive an odds boost. 
• Best odds guaranteed is a common horse racing promotion where winning bets are paid out at the best odds available, regardless of the price you took when the bet was made. 
• Loyalty rewards are available at some PayPal betting sites, where customers accrue points which can be traded in for rewards.
• Cashback is paid at some sites as a percentage of your total deposits or losses in a given period, usually weekly.  
• Non Runner No Bet sees bookies refund your stake if your horse does not run. This offer mostly applies to ante-post bets, meaning bets placed before race day. 
• Acca Insurance refunds your stake on a losing horse racing multiple if just one leg of your bet fails to come in. 
• Extra Place Payouts is where bookmakers pay out on additional finishing positions in a race, beyond the standard number of places. 

History Of PayPal

PayPal launched in 1998 under the name Confinity before renaming to PayPal in 2001 following a merger with Elon Musk’s x.com. The company rapidly made a name for itself in the early 2000s tech boom, so much so that the fledgling online auctioneer and marketplace eBay acquired it for $1.5 billion. This was the beginning of a fruitful partnership, with both sides benefiting from the practical new virtual e-wallet. 

PayPal split from eBay in 2014, kickstarting a new era in the e-wallets lifespan. The last several years have brought sustained success, with almost 500 million registered active accounts as of 2022. PayPal has also become popular for horse racing bettors due to its efficiency, mobile optimisation, and safety features. 

Betting On Major Sports Events Using PayPal

The best PayPal betting sites cover a wide range of UK horse racing events, no matter how big or small, but the big events will always attract the most punters. Here are a few of the most significant events on the horse racing calendar, all available to bet on at sports betting sites: 

Cheltenham Festival

The main event during the National Hunt racing calendar, Cheltenham Festival is an iconic meet with its roots in the 1860s. Taking place annually in March, the four-day event is renowned for the outstanding racing and brilliant atmosphere, characterised by the “Cheltenham roar”. Cheltenham Festival stages several of horse racing’s most prestigious betting opportunities; namely the Cheltenham Gold Cup, Champions Hurdle, and Stayers’ Hurdle. A key fixture on the Group I circuit — and the stage for one of the five British Classics — Cheltenham is an essential PayPal betting event. 

Grand National

The Grand National is the UK’s most widely celebrated and bet-on horse racing event, a gruelling steeplechase covering four miles and two-and-a-half furlongs. Horses must navigate several fences that are typically larger than most other racecourses, many of which have become infamous over the years. Even those not all that familiar with horse racing may have heard of Becher’s Brook and The Chair, for example. Famous winners from past years at the iconic Aintree Racecourse on Merseyside include Red Rum and Mr Frisk, who broke the record with an 8:47.80 time. The Grand National also lends itself to live betting, so bear this in mind. 

Royal Ascot

Royal Ascot is undoubtedly the most regal horse racing festival. PayPal betting sites regularly offer extensive odds, betting markets, and bonuses during the four-day event. Punters have 34 separate races to enjoy, making it one of the busiest festivals on the calendar. Some of the most distinguished races include the Queen Anne Stakes, Gold Cup, King George V Stakes, and Queen Elizabeth II Jubilee Stakes. The inaugural 1768 Royal Ascot meeting was popular enough, but it has grown to become Europe’s biggest event averaging over 300,000 attendants in recent years. 

Epsom Derby

PayPal betting sites offer deep coverage during the Epsom Derby, the UK’s leading flat race per winnings. The 2002 edition had a massive £1,694,999 purse, which is unsurprising considering the Derby’s reputation as the most prestigious of the five British Classics. Open to three-year-old colts and fillies, the race covers one mile, four furlongs, and ten yards. The Epsom Derby takes place annually on the first Saturday of June, and previous famous winners include Serpentune and Troy. 

Glorious Goodwood

Glorious Goodwood is held at the picturesque Goodwood Racecourse near Chichester in West Sussex in late July and early August. Known for its unique twists and turns, the course stages three Group I flat races during the season: the Sussex Stakes, Goodwood Cup, and Nassau Stakes. Running since 1802, it has helped several horses on their way to legendary status, most notably the 19th-century horse Kinscem, who won the Goodwood Cup and ended her career with 54 races undefeated. 

Are there any Payment Alternatives to PayPal?

Whether you’re a horse racing fan or an esports enthusiast, having alternative banking options up your sleeve is a smart move when it comes to online betting. Whether it's because PayPal is not accepted or isn’t eligible for a bonus code, it's good to have other payment methods to choose from. Below, we’ve listed some alternatives that you may want to consider when you can’t select PayPal from the cashier page. Keep in mind that the minimum deposit for these alternative picks can vary between horse racing betting sites. 

Debit Cards

A widely accepted banking option at online bookmakers like Betway and 888sport, Visa and MasterCard debit cards offer a secure way to deposit and withdraw from betting accounts. You’ll need to share your card details with the gambling site, but in return, you’ll enjoy excellent bonus eligibility and all the convenience that comes with using bank cards. Debit card deposits land instantly, but unfortunately, the same can’t always be said for payouts, which can take upwards of three days where services like Visa Fast Funds aren’t available. 

Other e-Wallets

PayPal may well be the most well-known e-wallet, but there are other options available for online bettors, such as MuchBetter, ecoPayz, and Skrill. All offer similar benefits to PayPal, such as instant deposits, increased security, and speedy withdrawals, and some add their own unique perks. For example, AstroPay account holders can order a Wolves branded virtual debit card. Availability of e-wallet options varies across different bookies, and not all will qualify for welcome bonuses. Neteller and Skrill are frequently excluded from these offers. 

Apple Pay and Google Pay 

Apple Pay and Google Pay are popular mobile payment services that enable you to make quick deposits to your online betting account. Apple Pay works with iOS devices, such as iPhones and iPads, while Google Pay is designed for Android devices. Both services incorporate biometric authentication, such as Face ID or Touch ID, which is a big plus for security-conscious bettors. Apple Pay and Google Pay are excellent deposit options for mobile betting apps, but unlike PayPal, they don’t currently support withdrawals.

Trustly

Using Open Banking technology, Trustly processes direct money transfers between your bank and your betting account. There’s no need to open a Trustly account, and with transactions completed on a secure private portal, nor will you be required to share any sensitive financial details.Trustly’s security, bonus eligibility, and the speed of payouts can make the service an excellent alternative to PayPal. However, you’ll need to feel comfortable with gambling transactions showing up on your bank account statement. 

Paysafecard 

Paysafecard is a prepaid voucher that provides a secure and anonymous way to deposit funds at online bookmakers. In contrast to PayPal, it's not connected to your bank account or debit card, which is great if you want to keep your gambling completely separate from your main finances. Although you won't be able to make withdrawals with Paysafecard vouchers, they do tend to qualify for bonuses. Keep in mind that you'll likely need to provide your bank details to withdraw cash from your account. 

Is PayPal Compatible with Mobile Betting Sites and Apps?

PayPal integrates brilliantly with mobile betting sites and apps, making this e-wallet an excellent choice for betting on the fly. Whether you’re using a smartphone or tablet, the ability to access your PayPal account for deposits, withdrawals, balance checks, and placing bets is right at your fingertips. Sweetening the deal are robust security measures like encryption and two-factor authentication that keep your financial info locked down and offer extra peace of mind.

Whether you're at home or on the move, PayPal's compatibility with mobile betting sites and apps guarantees a secure and hassle-free betting experience. Ready to give it a try? Many trusted platforms readily accept PayPal, so you won't have any trouble finding your perfect fit. Here, we've handpicked five of the best mobile bookmakers with PayPal.

• bet365
• William Hill
• Virgin Bet
• kwiff
• Grosvenor

Tips on How to Keep your PayPal Account Safe when Betting

Keeping your PayPal account safe while betting is essential to protect your funds and personal data. Here are some tips to help you keep your account secure:

Enable Two-Factor Authentication (2FA)

Switch on 2FA for an extra layer of security. It sends a unique code to your mobile or email for login, making it tough for anyone to access your account without it.

Use Strong, Unique Password

Craft a robust password for PayPal. Skip the common stuff and go for a mix of uppercase and lowercase letters, numbers, and special characters.

Regularly Update Password

Keep things fresh by changing your password from time to time. Avoid using the same password across multiple accounts.

Monitor Account Activity

Take a peek at your PayPal transaction history and statements regularly. Spotting any unauthorised or suspicious transactions early is key. Report them to PayPal pronto.

Beware of Phishing Scams

Watch out for tricky phishing emails pretending to be from PayPal. Always double-check the sender's email and the message's authenticity to avoid falling for scams.

Responsible Gambling with PayPal

While PayPal comes with many practical advantages, it can also serve as a responsible gambling tool. Using PayPal to keep your betting bankroll separate from your day-to-day funds is a simple way to stay in control of your spending and see all your deposits and withdrawals at a glance. 

Here are some other responsible gambling tips to keep things safe and enjoyable.

Set Budgets

Setting a budget is the first thing to do before you begin your gambling session. Think about what you can afford to spend and are comfortable losing, and stop once you hit that limit. 

Don’t chase your losses — this is a surefire way to spend more than you intended, and you’re never guaranteed a win.

Self-Exclusion

If you want to take a longer break from gambling, you can self-exclude via the free GAMSTOP service. Once enabled, you’ll be prevented from accessing your gambling accounts or creating new ones for a designated period of time. 

Set Account Limits

All licensed betting sites let players set daily, weekly, and monthly account limits on how much they can deposit or spend. We recommend doing this as soon as you sign up.

Don’t Use Gambling as a Way to Make Money

Ultimately, gambling is a form of entertainment and there’s a strong chance you’ll lose money. Don’t treat it as a way to make a profit. 

Responsible Gambling Organisations

If you feel like gambling is negatively affecting you or those around you, there are plenty of places you can seek support. The following organisations are great places to start:

• Gamcare runs the 24/7 National Gambling Helpline (0808 8020 133), as well as offering responsible gambling tools and advice. 
• BeGambleAware.org features a wealth of responsible gambling advice and support, including tips on how to keep things safe and healthy. 
• Gamblers Anonymous runs a recovery programme for those with gambling addictions. It’s based around in-person meetings which are held all around the country.

PayPal Betting Sites FAQs