If you want to bet on esports, PayPal could be the perfect payment method for you. Anybody who has tried making an esports bet with PayPal will know that this payment method gives you speedy withdrawals, safe deposits and it’s incredibly easy to use too. Our guide to esports betting with PayPal will tell you all you need to know about wagering on competitive gaming with this revolutionary e-wallet.
But just as not all esports betting sites have odds for your favourite game, not all esports betting sites accept PayPal. So we will show you some of the best esports betting sites using PayPal, and reveal why trying some PayPal betting on esports could be the way forward. And just to be completely fair, we will also reveal some disadvantages to esports betting with PayPal. But on the whole, we think that if you want to wager on esports, PayPal could be a great option.
What is PayPal betting?
Esports betting with PayPal is remarkably similar to using just about any other payment method. All that you have to do is to create a PayPal account, register with one of the many PayPal gambling sites, and then you can make a PayPal deposit to fund your esports bets. Similarly, once you have placed your esports bet with PayPal, then you should be able to simply make a speedy withdrawal of your winnings back to your PayPal account.
Rather than having to use a credit or debit card, PayPal betting allows you a quick way to make deposits and withdrawals, and you won’t have to reveal important financial information like your card number to make your deposits.
PayPal has been around since 1998 and it can be used for anything from sending money to a friend, to paying for goods, and of course, indulging in a little esports betting. Here are a handful of reasons as to why you might want to place an esports bet with PayPal.
In a nutshell:
- Make safe and secure deposits for esports betting
- Enjoy the fastest withdrawals of your esports winnings
- Keep your betting budget separate from your regular funds
What are the advantages of esports betting with PayPal?
Whilst the use of PayPal for esports betting isn’t quite as widespread as credit and debit cards, it’s clear that this is one of the key things that many gamers look for when they sign up to a betting site. Here are just some of the reasons why esports betting with PayPal is so popular.
Enjoy a very simple esports bet with PayPal
Rather than having to fuss around with your bank details, all you need to do to make a deposit with PayPal is to just register your account with one of the PayPal gambling sites by entering your preferred email and your password. Once this is done, then you can just repeat the process to make a speedy withdrawal. So if you want the simplest way to make real-money bets on esports, PayPal is hard to beat.
For safe bets on esports, PayPal is a great option
One of the best reasons to try esports betting with PayPal is the fact that it’s very safe. All of the financial transactions for esports betting with PayPal will undergo strict checks to make sure that details of your deposits and withdrawals are fully encrypted. Plus the fact that you never have to reveal important financial information like your debit card number also adds an extra level of protection. In addition to this, there’s something reassuring about keeping your betting budget separate from your regular funds so that you don’t accidentally get caught up in a touch of esports betting fever. We should note that for esports betting PayPal is much safer than CSGO skin gambling too.
Get fast withdrawals from PayPal gambling sites
But perhaps the biggest reason as to why so many gamers choose to make an esports bet with PayPal is the fact that this e-wallet offers some of the fastest deposits and withdrawals around. If you want to make a deposit to bet on esports, PayPal offers you an instant way to do so. And even if you want to withdraw your winnings from one of the esports betting sites using PayPal, then it should usually take less than one hour – certainly better than withdrawals for cards and bank transfers that can sometimes take up to one week.
Are there any disadvantages of making an esports bet with PayPal?
All decent esports betting sites using PayPal will also put on some other popular betting payment methods for funding your esports betting experience. This gives you plenty more choice for making your deposits and also helps you avoid some of these drawbacks of using PayPal for esports betting.
Limited possibilities of picking up welcome bonus offers
We have seen many esports betting sites putting on sign up offers that cannot be accessed if you make an opening deposit from e-wallets such as PayPal, Skrill and Neteller. Whilst you should be able to use these payment methods later on, it’s important to read the small print of the bonus to make sure that you don’t accidentally invalidate the bonus by making an initial PayPal deposit. Thankfully, there are always some esports betting sites who have a nice welcome bonus that you can claim with a qualifying PayPal deposit.
Smaller scope of esports betting odds
Whilst there are many great betting sites who now take PayPal payments, it’s also true that many of the more dedicated esports betting sites don’t facilitate PayPal deposits. This means that if you have your heart set on using PayPal, then your choice of esports betting options might be reduced. For example, some Overwatch betting sites might not take PayPal payments. So whilst this payment method offers you a free, quick and easy service, if you want to bet on esports, PayPal might not give you access to the best betting odds.
Can you bet with PayPal credit?
PayPal Credit is a way in which you can buy goods and services online and then pay for it later. It’s a financial service that is currently in use at many leading US retailers. However, we have noticed that PayPal Credit has yet to be accepted at any esports betting sites. This means that you should use regular forms of PayPal to fund your esports bets instead.
Some of the best esports betting sites using PayPal
Thankfully there are plenty of great bookmakers out there who not only handle PayPal payments, but have earned a pretty strong reputation for putting on some great esports odds. Whilst you should always shop around to see who has the best odds on the market, if you want to bet on esports, PayPal betting sites should be able to give you a decent price for your esports bets. Take a look below to see some top bookmakers accepting PayPal.
Bet365
If you want to try esports betting, PayPal betting sites like Bet365 are a great option. The Bet365 PayPal betting service is secure, quick and easy. This means that you can quickly fund your bets on the brand’s excellent esports odds, and Bet365 is one of the best sites for PayPal esports betting Canada has to offer.
- Top odds on all esports
- Excellent betting promotions
- Quality betting apps
Betway
Betway has been around since 2006, and since then the brand has become one of the most popular online betting sites around. But Betway has also earned a great reputation for their esports betting service, and have even sponsored top esports teams like Ninjas in Pyjamas and MIBR to prove their esports credentials. Betway tends to only cover the biggest esports tournaments, but for these competitions, the brand is able to offer some seriously competitive odds. But what’s best is that Betway offers some seriously fast PayPal withdrawals meaning that the brand pledge to give you your esports winnings within two hours or by the next day at the very lates.
- Make a fast Betway PayPal withdrawal from £10 at a time
- Very competitive esports odds
- Licensed by UK Gambling Commission
TonyBet
As TonyBet is famous for poker gaming and sports betting, it might not seem like being the obvious choice for your esports bets. But we have found that this brand covers a decent amount of esports like Counter Strike Global Offensive, League of Legends, StarCraft Broodwar, Rainbow Six, Dota 2 and some of the larger Overwatch tournaments. You can make instant and free PayPal deposits from £10 at a time at TonyBet, and whether you are using their great betting site or their intuitively designed betting apps, we think that you will have a great time at this UK Gambling Commission licensed site.
- Competitive esports betting odds
- Live customer support
- User-friendly website
888sport
This highly rated sportsbook has been around since 2008, and since then 888sport has frequently provided punters with some of the best odds on the market. Its user-friendly site and great betting app means that you stand to make some seriously easy esport betting profits here. Whilst 888sport is primarily a sports betting site, it does feature odds for esports like CSGO, Dota 2 and League of Legends, and occasionally throw up bets for the larger Overwatch matches. You can make PayPal deposits from £10 at a time at 888sport and the money should show up in your account in less than 10 minutes. Whilst your PayPal withdrawals might take between two and three working days to reach your account, it’s nice to know that you can withdraw from as little as £3 at a time at 888sport.
- Good odds for most esports
- Low minimum PayPal withdrawal limits
- User-friendly betting site and app
Mr Green
Mr Green is another popular sportsbook who have started introducing esports betting options on their site. Whilst it claims to be ‘the gentlemen’s bookmaker’, Mr Green can give anyone decent odds for top esports like CSGO, Dota 2 and League of Legends. Again, they only tend to serve up Overwatch odds for the larger tournaments, but it’s always worth checking in to see what Mr Green has to offer. If you want to use Mr Green’s site to bet on esports, PayPal deposits can easily be made without fees. We should mention that Mr Green does include some annoying fees on PayPal withdrawals however. These are just fees of £1 for each £100 that you withdraw, but it’s a small price to pay considering that Mr Green has some of the fastest PayPal withdrawals around which means that you should get your esports winnings within two hours.
- Very fast PayPal withdrawals
- Great Mr Green betting app
- Fully licensed by UK Gambling Commission
If you want to bet on Esports, PayPal isn’t the only thing to consider
There are a huge amount of factors that you should consider before you sign up to an esports betting site. Obviously, check to see that they allow you to do esports betting with PayPal, but you should also make sure that they feature a relevant license from the likes of the UK Gambling Commission or the Malta Gaming Authority. Plus it’s a good idea to see what kind of customer service facilities the site has.
You should also check to see what kinds of betting limits the bookie has as there’s nothing worse than winning a large esports bet, only to find that the betting site has some low limits. Plus we have seen many betting sites that have free live streaming which is a great way to add some accuracy to your in-play entertainment when betting with PayPal.
But ultimately it’s the esports betting odds that could be the deciding factor. This is why you should always compare a betting site’s prematch and in-play betting odds before you lay down an esports bet.
Some other popular payment methods to try
There are plenty of great esports betting sites who don’t have PayPal facilities, but do give you a top class esports betting experience. Instead of PayPal, many of these sites will allow you to use a broad range of alternative payment options such as credit and debit cards like Visa and MasterCard, other e-wallets like Skrill and Neteller, prepaid cards such as Paysafecard, or you could even make a bank transfer.
The main thing to consider is whether or not the bookmaker includes any processing fees as these have the potential to eat away at your Overwatch winnings. Plus be sure to check what the minimum thresholds are for deposits and withdrawals, and finally you should also enquire as to how long it takes to receive your winnings when you make a withdrawal at their site.
Final thoughts on esports betting with PayPal
If you want to fund your esports betting, PayPal is a great option. This is because esports betting with PayPal is secure, fast and stress-free. There are now many top esports betting sites that accept PayPal payments. When you use PayPal for betting sites like this, you’ll also be able to get lightning fast withdrawals too.
Not that esports betting with PayPal isn’t without a few disadvantages. After all, you might not be able to claim some welcome bonuses when you make deposits with this ewallet. Plus it has to be noted that many decent esports betting sites won’t actually let you make PayPal deposits and withdrawals.
But on the whole, we think that PayPal is one of the best ways that you can fund your esports bets. So for anybody serious about stress-free esports betting, PayPal should definitely be among the main contenders for your preferred payment method.