PayPal is one of the world’s largest online payment methods. This deposit method is available in Ireland and the United Kingdom. Not all betting sites accept this payment method for real money betting though so be sure to check. Setting up an account is free and easy to do. You just visit the PayPal website and provide your name, email address, address, bank or credit/debit card details, and date of birth. You will have to verify your bank account to make withdrawals. Having an account is free as is making payments, but there are fees for some services such as currency conversions and receiving payments.
PayPal Betting Sites Guide
Betting Sites That Accept PayPal
New Customer Offer
Min deposit requirement. Free Bets paid as Bet Credits & available for use upon settlement of qualifying bets. Min odds, bet & payment method exclusions apply. Returns exc Bet Credits stake. Time limits & T&Cs apply.
Advantages and Disadvantages of Using PayPal at Betting Sites
First of all, let’s take a look at the advantages.
- The PayPal service is free and setting up an account is quick and easy.
- It is one of the safest payment methods and you can deposit and withdraw funds from online bookmakers with ease. All the data is encrypted too.
- It offers quick deposits that are usually instant.
- You can transfer to your money to your bank account.
- Currency conversions are automatically applied.
- You can use the mobile app for deposits and withdrawals.
- Fantastic customer service.
- Some PayPal bookmakers offer special bonuses when you use this payment option.
- Your bank and card details are not given to the sportsbook and remain private
There are very few disadvantages to using PayPal.
- Not all bookmakers accept it, but the number of sites in Ireland is growing.
- There can be small fees involved in your transactions.
Using PayPal as a Deposit Method in Ireland
Fans of sports betting in Ireland will be happy to know that a lot of new betting sites now accept PayPal. To make a deposit all you have to do is visit the bookies cashier section and choose PayPal from the list of options. Enter the amount that you would like to add to your bankroll and then hit the deposit button. You will be taken to PayPal to login and confirm the transaction before being redirected back to the bookmaker site. The deposit is instant and you can start placing bets right away. Be sure to check for special payment option bonuses too as many online gambling sites have these.
Cashing Out Your Winnings
Withdrawing your winnings is easy and just as simple as making a deposit.
- Go to the cashier or banking section of the website and choose PayPal as your withdrawal method.
- Enter your PayPal details and the amount you wish to withdraw from your account balance. Be sure to check the minimum and maximum requirements first.
- Confirm your cashout request and wait for the money to appear in your account.
- Once the money arrives you can transfer it to your bank account.
Withdrawal times can vary from site to site and it can take anywhere from a couple of hours to a couple of days. Some sportsbooks for Ireland will also have pending periods on all withdrawals. Although still, most of the PayPal betting sites do offer a quicker withdrawal comparing other payment methods.
FAQ
Is PayPal a safe method to deposit at betting sites?
Yes. PayPal is one of the best-known electronic payment systems in the world. With most online bookmakers PayPal deposits are instant and withdrawals can be made in just a few short hours. It is one of the safest means of transferring money.
Do all Irish bookmakers accept PayPal?
Most Irish bookmakers allow users to make deposits and withdrawals with PayPal. Visit the individual bookmaker sites to find out if that particular bookmaker uses PayPal and what the associated transaction times are. In most cases, withdrawals with PayPal are faster than with debit or credit cards.
How do I withdraw from PayPal?
Sign up to create a PayPal account. Then link that account to your bank account and you can request that any money received into your account can be transferred into your bank with no added fees. Payments are usually instant.
The PayPal account must be on my name?
Yes. Much like your bank account, your PayPal account must be in your registered name. You can also link a business account to your PayPal account but must go through the relevant steps (and proof of identification) to do this. Your bookmaker account must be in the same name as your PayPal account.
Are there any fees for betting with PayPal?
Most bookmakers will absorb any associated PayPal fees in the withdrawal. There are no deposit fees. For full terms and conditions about making deposits and withdrawals from your PayPal account, it is best to fully read through your PayPal account terms and conditions.