Ever wondered if you can place an online sports bet through PayPal? It's definitely possible, and perhaps even encouraged by many. PayPal is a leader online payment portal used by millions and many of the best horse racing betting sites offer punters the ability to bet with their PayPal accounts. In 2018, it's a quick, easy and affordable way to transfer funds into your online sports betting account without having to worry about safety and security.
On this page, you’ll find out:
Horse betting is incredibly popular in the UK for one main reason: there are big sums of money to be won. The best gamblers understand the form guides and see the nuances of every race, and they use this information to make many successful bets on horses over a period of time. Of course, the fact that there are no guaranteed wins only enhances the thrill when you bet on horses!
So, why is horse racing so popular? Well, there are many reasons, ranging from the long history of the sport in the UK, through to watching some of the world’s most impressive beasts thunder down the track. The biggest reason is excitement though, as horse racing is one of the most exhilarating spectacles around. Of course, gambling on a horse only increases the thrill.
All sportsbooks we review, including those that allow PayPal card betting, undergo the same rigorous process. We’ll start by looking at the desktop and mobile sites, evaluating the usability and security of them. We’ll then add money using a number of depositing options, including PayPal, and will claim any bonuses and promotions we can. We'll then test how easy it is to place multiple bets, as well as how good the odds are. After contacting customer support and seeing how they cope with our questions, we’ll withdraw our funds. Only then will we be able to give an honest and accurate assessment of the online sportsbook in question, and assign it a score.
Horse racing has been a national obsession in the UK for hundreds of years. While things have changed considerably in that time, the excitement of every race remains the same when crowds cheer on their chosen horse from the grandstand. Online betting has opened up a whole new world of horse racing to UK punters, allowing them to place a wager on any chosen race, be it the Betfair Chase, the Cambridgeshire Handicap, or any of the other exciting races.
It’s a really quick and easy process to sign-up with horse racing sites accepting PayPal, and you can start gambling in no time at all when you follow the step-by-step instructions listed below:
Many sportsbooksoffer plenty of banking options, includingPayPal, but why exactly should you use this option the next time you want to deposit or withdraw? Well, the main reason is convenience. Most people in the UK already have a PayPal account and can start placing bets straight away, making it one of the quickest deposit methods. If you don’t have a PayPal account though, it should only take a few minutes to get one up and running.
PayPal fees are also quite reasonable, which is another reason why this payment method is so commonly used. There are no fees for adding money to a PayPal account, and no fees for then spending this money. There are only fees when receiving withdrawals via PayPal, however, these are pretty low when compared to those charged by other methods. When the high-security levels and the simple use are added into the mix, it’s clear to see why so many punters in the UK use PayPal every day.
We have built up a great reputation with UK gamblers, and have become one of the top sites for horse racing fans to visit. This reputation has been cultivated carefully, and we’ve won the trust of many for the following reasons:
We couldn’t do everything we do without your help though, and our readers are a big part of this site. Whether it's a suggestion or correction, we always love to hear from you, and we reply to every single email.
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New UK & Ireland customers only. £10. First deposit matched up to £30. 1x wagering at odds of 1.75+ to unlock Free Bet. Credit Card, Debit Card & PayPal deposits only. Full Terms apply.Full T&C's apply
Average Payout Time
New online customers only, min £10 stake, win only, min odds 1/2, free bets paid as 3x £10, 30 day expiry, free bet/payment method/player/country restrictions apply. Full Terms apply.Full T&C's apply
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18+ New UK+IRE customers. PayPal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply.Full T&C's apply
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Risk Free 20: New customers only, limited to one per person. If you've previously had a Paddy Power account, you will not qualify for the offer. Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards or PayPal will qualify for this promotion. T&Cs apply. paddy's Rewards Club: get a £10 free bet when you place 5x bets of £10+. T&Cs apply.Full T&C's apply
Average Payout Time
New customers only – Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply & full T&C’s applyFull T&C's apply
When depositing with PayPal, you should find the process to be a breeze. Firstly, head to the banking section of your chosen horse betting site, and then click on the PayPal option and decide how much to deposit. You’ll then be taken to a different screen, and will need to log-in to your PayPal account, before then confirming the transaction. You’ll then automatically head back to the banking screen of your sportsbook, and the money will be transferred over to you straight away. Make sure you have a valid card attached to your PayPal account though, as if you don’t, the transaction will not work.
It is also possible to make withdrawals using PayPal. Once again, head to the banking section and click on the PayPal option. You will then need to decide how much to withdraw from your winnings, before confirming the request. As with most withdrawal options, it should take around 48 hours for the request to be processed. You can then transfer funds from your PayPal account to your bank account straight away.
Most OTB betting sites are fantastic to gamble at, offering everything a gambler could ever ask for. There are a few to avoid though, and these are placed on our blacklist. Three blacklisted sites can be seen below:
Poor range of banking options
Unresponsive customer service
Really bad mobile site
Not correctly regulated in the UK
Misleading terms and conditions
Poor selection of bonuses
Slow customer support
Many customer complaints
Not regulated by the UKGC
Making PayPal horse racing bets is incredibly easy, thanks to the fact that most people already have access to a PayPal account. Deposits and withdrawals are fast, the fees are reasonable, and an increasing number of sites are starting to accept this payment method – all extra reasons why you might want to consider gambling at betting sites with PayPal. Finding the top-rated PayPal betting sites is easy, as you just need to read through the many comprehensive reviews found right here on this website.
If you have a question about betting at online sportsbooks with PayPal, you’re in luck, as we’ve created this comprehensive list of FAQs. If you can’t find the answer you’re looking for though, please feel free to drop us a message.
How do I make deposits with PayPal?
Assuming you have already signed up with an online sportsbook, you’ll need to head to the banking section of the site. Click the PayPal logo and then choose how much money to deposit. You’ll then be prompted to sign-in to your PayPal account and confirm the transaction. Once you’ve done this, the money should be available straightaway.
Is there a minimum amount I must deposit?
Yes, there is nearly always a minimum deposit amount when using any depositing option at a sportsbook. It isn’t usually too high though, with most sites requiring customers to deposit at least £5 to £10. There is also a maximum deposit limit at most online sportsbooks, however this is usually in the thousands.
Can I withdraw bonus money?
You certainly can withdraw bonus money, but not straightaway. Instead, you can only withdraw it once you’ve met the rollover requirement of the bonus, which is found in the bonus’ terms and conditions. If, for example, you received a £20 bonus and there was a 35x rollover requirement, you’d need to make a total of £700 worth of bets before being able to withdraw.
Is my money safe in an online betting site?
All the sites we endorse are completely safe, meaning that you can be sure your money is in good hands. This is because we only ever recommend reputable online sportsbooks, plus we also thoroughly check the security procedures in place before recommending a site to you. If a horse betting site offering PayPal deposits doesn’t meet our strict requirements, we simply won’t recommend it.
Can I withdraw my funds whenever I want?
Yes, you can start a withdrawal at any time when you gamble at one of the best online horse betting sites with PayPal. Even if it’s out-of-hours, the request will still be logged. Payouts aren’t granted instantly though. Instead, it usually takes around 48 hours for the request to be processed, after which the money will be transferred straightaway.