PayPal Sportsbook Deposits
Instead of using old-fashioned checks or futzing around with money orders, consider using PayPal. It is one of the largest internet-based payment companies, functioning as a handy electronic alternative to the antediluvian methods of yore. PayPal first started in 1998, and in the subsequent two decades has grown exponentially. Hundreds of billions of dollars are transferred annually using PayPal, making it by far the most lucrative business of its kind.
This page will help to familiarize you with PayPal and all that it has to offer. We will start out by explaining who is eligible to use the service, and we will then explain how you can get an account. We will move on to how you can make a sportsbook deposit using PayPal, and we will then move on to the various speeds, fees, and limits associated with the service. The penultimate section of this page will be a review of a great online sportsbook that accepts PayPal payments, and lastly we will a brief glimpse at PayPal withdrawals.
Who Can Use PayPal?
PayPal accepts customers from all over the world, including the United States and Europe. However, because most American sportsbooks do not accept PayPal and many European sites do, this page will be geared toward non-US players. Rest assured, though, that even though most American sportsbooks do not let you use PayPal, they might at some point offer it as a viable method, so it is good to at least have some knowledge about it.
In order to get a PayPal account, you will need to visit the PayPal homepage. In the middle of the screen, you will see a blue tab that says “Sign Up For Free.” Clicking this tab will bring up three fields: one for your email, one to create your password, and one to confirm your password. After you have entered this information, click the blue tab that says “next.” You will encounter a new window where you will need to enter your name, address, and other personal information. You must check the box that says you have read and understand PayPal’s user agreement. The final step is to click the tab that says “Agreed and Create Account.”
How To Make A Sportsbook Deposit Using PayPal
PayPal is a great way to fund your account without having to use a physical credit or debit card. Since it is an eWallet system, it is completely electronic. To make a deposit, you must first go to the payments section of your favorite online sportsbook. Under “Deposits,” click the PayPal logo. Type in the amount you would like to deposit and your sportsbook password. Next, click “Make Deposit.” You will be taken to the PayPal homepage, where you will be asked to enter your password and verify your deposit amount. As soon as this is done, your will be able to instantly see your money in your account.
PayPal Deposit Speeds
For quick and easy deposit, you just can’t beat PayPal. Whereas old-fashioned mail and courier-based deposit methods could often take up to a week, PayPal is instantaneous. It takes just a few seconds for your money to transfer over from your PayPal account to your sportsbook account once you have submitted your deposit request. It is so fast, you will never want to bother with paper checks or plastic cards ever again!
PayPal Deposit Fees
Sports bettors love PayPal for many reasons, not least of which is that there are no extra fees or taxes. While it is possible that the sportsbook itself will tack on a fee, this is highly unlikely, especially if you bet with the book that we recommend. It doesn’t matter if you deposit the bare minimum or the absolute maximum; there is no charge. The lack of a surcharge is just one reason why PayPal is such a popular deposit method.
PayPal Deposit Limits
All sportsbook deposit methods stipulate a minimum amount that you must deposit. In PayPal’s case, the minimum is usually around 15 Euros. PayPal caps it off at 8,000 Euros. That being said, you never know what the limits are going to be until you visit the funding methods page of the sportsbook. It is in your best interest to check the limits before you bet. The other thing is that the limits vary depending on what type of world currency you are using. For example, there is a higher minimum and a higher maximum when it comes to US dollars.
Sportsbook Deposit Bonuses
Sportsbook deposit bonuses are a great way to save money and receive free plays. The first bonus you will be offered when you sign up at an online sportsbook is the welcome bonus, which gives you a percentage of free plays when you make your first deposit. There is going to be a minimum and a maximum amount you must deposit, and the percentage you receive is usually between 25 and 50 percent. Another common type of deposit bonus is the reload bonus, which is a lot like the welcome bonus, only it is a lifetime bonus, meaning you can use it as many times as you want as long as your deposit meets the minimum amount.
To claim your bonus, find the appropriate promo code and email it to your sportsbook. This way, they know which bonus to apply to your account, and it is understood that you have read and accept the bonus terms and conditions. These conditions include rollovers. These are rules that required you to spend a certain amount of actual cash before using the bonus. Rollovers prevent nefarious schemers who just want free money from taking advantage of the sportsbook.
You will not find too many online sportsbooks in the US that accept PayPal deposits, but you WILL find plenty of them in Europe. We don’t want you to have to spend hours and hours searching, though. That is why we have done all the necessary research and found a dazzling sportsbook that is packed with every special feature imaginable. Best of all, it offers PayPal as a method of deposit.
Not only can you make deposits using PayPal, you can also make withdrawals. You do not have to pay any extra money to withdraw using PayPal, and you can expect to receive your cash within a 24-hour period. You can request payouts as low as 20 Euros and as high as 10,000 euros. You can request a PayPal withdrawal by visiting your online sportsbook today. All you have to do is go to the payments menu/withdrawals menu and click on the PayPal logo, which will take you through the payout process. Getting your cash out of your sportsbooks account has never been easier!