While Paypal is actually extremely popular as a banking method, it does not offer
extremely high limits when dealing with sportsbooks. In general, most limits are
around 5,500 GBP or currency equivalent. If you are looking for single transactions
that are several multiples higher, then it is likely best to look at the other banking
methods addressed specifically on this site, or use the various bank transfer methods
available to you as they are often unlimited. You should also note that PayPal is
only really available for use with sportsbooks by people based in Europe using various
European currencies. Find PayPal betting sites in Sweden, PayPal betting sites in
Ireland, PayPal betting sites in the UK, and see if Canada has any PayPal betting
sites.
About: PayPal allows any individual with an email address to securely, conveniently
and cost-effectively send and receive payments online. Their network builds on the
existing financial infrastructure of bank accounts and credit cards to create a global,
real-time payment solution.
The size of their network and widening acceptance of their product has helped PayPal
become one of the leading payment networks for online auction websites, including
eBay. PayPal is also being increasingly used on other e-commerce sites for the sale
of all manner of goods. PayPal's service, which lets users send payments for free,
can be used from computers or web-enabled mobile phones.
As a high-limit banking method, their daily deposit limits tend to float around 5,500
GBP or equivalent. Note that PayPal tends only to be available for use with sportsbooks
from European countries and in European currencies.
Paypal’s Available Currencies and supported countries with regard to online sportsbooks:
Although Paypal provides its normal payment and money sending services to many people
in many countries, their service with regard to sportsbooks is limited. You will
be able to bank with Paypal and supported sportsbooks from the UK, Ireland, Australia,
Sweden, Finland, Austria, Germany and Spain. The currencies supported include the
Pound, Euro, Swedish Krona and Australian Dollar.
Fees
FREE to send money to your sportsbook of choice (or anyone else) when you are sending
funds in your PayPal balance or from your linked bank account. FREE to receive money.
Pay a fee of 3.4% + 20p when you would like send or receive money using a credit
or debit card. Your card statement will show you the amount funded plus the PayPal
fee. As a general rule: make sure the name for your PayPal account matches the registered
name of your chosen sportsbook account.
Three of the six best football betting sites accept Paypal. They are listed below
with their PayPal details: