In the past, PayPal is something that you might have used for eBay purchases and sales, although this payment method has become increasingly popular when it comes to transferring funds in and out of a bookmaker account.
These are just some of the bookmakers that now have PayPal as a payment option and the great news is that it’s free to make a deposit / withdrawal using these means:
Why use PayPal for your betting account?
It makes life incredibly easy! Why bother entering a long card number, security code, expiry date and everything else from your debit card when you can simply add in an email address that is linked to your PayPal account?
A PayPal account doesn’t expire after a certain time so as long as you have verified it to make payments and receive them, then it could be the only payment method you require for betting purporses.
Most bookmakers will not charge you for using PayPal and one of the biggest advantages is the depositing and withdrawal speed using this payment method.
Depositing is instantaneous, with the merchant site sending you over to your PayPal account where you can verify the payment and the money is whisked into your bookmaker account.
When it comes to making a withdrawal, most bookies return the funds from your betting account to PayPal in a matter of hours so it’s nearly always the same working day.