PayPal is one of the oldest e-wallets today; however, the payment method is now so vastly preferred and adopted that it is hard to envision online and eSport gambling without it. Whether you are into Overwatch, League of Legends, or CS:GO, bet with PayPal account will offer you a lot of benefits over others.
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If you are looking for the best PayPal betting sites that make use of the e-wallet as one of the methods for a transaction, you can make use of the following:
It is an e-wallet that processes payments for thousands of merchants globally. It is best known for partnering with eBay as its preferred payment processor. Additionally, the e-wallet is used for a wide range of small online businesses and marketers.
In today’s time, online betting sites PayPal is quite an acceptable form of withdrawing and depositing payments by several online gaming companies. At first, the e-wallet started as a platform for processing payments for poker rooms and online casinos in the early 2000s. However, it went out of business but made a return in 2008.
Once the payment site returned, it started processing payments for a wide range of sportsbooks from the UK, like William Hill and Betfair. Later, the company started processing payments for licensed online casinos all across Europe.
The company started payment processing for regulated casino and poker sites from the US in 2015. While PayPal is still not available for transactions in places like Delaware, some betting sites that accept PayPal are from places like New Jersey and Nevada.
Next, it entered the world of eSport betting and has not stopped since then. Today, you will find a lot of bookmakers that make use of this company as the preferred mode of transaction.
To offer you the best eSport betting experience possible, you need to rate listed brands on many vital factors. Some of these factors that you need to look at while looking for betting sites that use PayPal are:
You first need to create an account. Once you establish your account, you need to pick a betting site with PayPal. You then need to pick a bet of your choice that lists PayPal as one of the payment methods and link it to your PP account.
Once done, you need to transfer the depositing amount; you should receive a confirmation of the payment from the bookmaker after it is done successfully.
After you make your deposit, you will be able to make your first wager on a preferred match or tournament of choice. You should also not forget about the welcome bonus offered by the bookmakers to customers that wager real money, which will be added to your linked account.
Making withdrawals on PayPal is similar to other e-wallets; you need to order the amount that you wish to withdraw. Next, you will need to notify the PayPal betting sites the UK. Once done, the money will be transferred to your e-wallet within the next 24 hours, along with the automatic transaction fees.
PayPal is quite a secure online payment processing site if you want to bet with PayPal. All the details about the transactions are encrypted with the latest technology. E-wallets like this one are considered secure because it removes the middleman from the standard method of transferring funds.
The company only interacts with your verified and linked bank account and its dedicated server, including any retailer that accepts it.
Making deposits is considered even safer for online betting PayPal than transferring funds to a bookmaker site using your debit or credit card. This is because you do not even have to share your banking details and information with the eSports betting site that you choose.
Apart from using top-notched encryption and security features, the e-wallet also keeps track of all the records of transactions and purchases. The site has more than 100 million users, which only proves that the e-wallet is quite safe and secure. The site has been operational since 1998; hence, there should be no reason for you to worry while using PayPal.
Of course, you might have the question – whether betting with PayPal safe? The good news here is that apart from being safe, it is a much cheaper and faster way of transferring money than the widely used MasterCard and VISA. Here are some advantages of using this e-wallet for eSports betting:
While PayPal might be an electronic wallet, it does not need to be connected with your bank account nor provide the bank with access to your transactions. This means that you can withdraw and deposit money without having to show your activity to the bank.
PayPal deposit betting is almost similar to Bitcoin eSports betting, as you do not have to show your transactions on your card.
It allows you to fully access and controls the flow of your money. This means that once your funds are collected from online betting with PayPal, they become liquidated. Once they are sufficiently liquid, you will be able to get them transferred to MasterCard or VISA immediately or could be exchanged to cash.
One of the more exclusive advantages of bet online with PayPal is that you will be able to send money from your wallet to another, without requiring any bank intermediary.
For instance, your friend wants to wager bets on eSports but does not have any funds in the PayPal wallet; you can transfer money from your wallet without breaking a sweat.
It has been operating for a long time, even before the existence of other e-wallets. Hence, its safety and reliability have been verified and confirmed by betting sites that take PayPal and by millions of users from around the world.
Betting PayPal is available for betting in countries like the UK, Sweden, Spain, Portugal, Italy, Ireland, Greece, Germany, France, Finland, Denmark, Belgium, Australia, and Austria. For the US, players from New Jersey and Nevada can make use of this company’s e-wallet to make withdrawals and/or deposits.