PayPal Betting: Overview

PayPal betting is one of the most efficient ways for Indian players to bet on sports. Let’s start with the basics. In order to place real-money bets at all betting sites, you need to deposit funds into your account.

Before you can do that, you must register at the betting site itself, and also create a PayPal account. Then, you connect the PayPal account with your bank account select PayPal as a payment method at the sports betting sites.

Thanks to the fact that PayPal betting at bookmakers is extremely efficient and secure, many Indian players resort to using this method.

Pros and Cons of Bet with PayPal at Indian Bookies

Of course, each fundamental in life has its own pros and cons and the case is not different when you participate in online betting activities at a PayPal betting site. So, we are more than happy to provide you with all the advantages and disadvantages that come with this method.

• Fast PayPal deposits and withdrawals (+)
• Increased security (+)
• Wide acceptance rate (+)
• Easy to use (+)
• Restrictions to bonuses and promotions (-)

Pros of PayPal Betting

Most of us want to hear the good news first, which is why we are going to start with the pros of PayPal betting.

Let’s start breaking down all of these advantages. First of all, you are aware of the fact that PayPal is an e-wallet. That means that it is fully optimized for use at online gambling sites.

Fast PayPal Deposits and Withdrawals	very PayPal deposit is instant and it often comes free of charge. Not only that, but withdrawals are either instant or have a very short processing time (1 or 2 business days). This makes PayPal much more efficient than other methods such as credit and debit cards, which on average have a processing period of 3-5 business days.
Increased Security	Next up, as an e-wallet, your PayPal account protects the information that you have from your bank account. This may seem like it’s not a major deal, but it actually increases your security by making it almost impossible for unwanted third parties to gain access to the details on your bank account.
Evokes Trust	The increased security is one of the reasons why many online betting sites allow you to participate in online gambling activities by using PayPal. It keeps you safe and that lowers the chances of a hack/scam, which also keeps the reputation of the online betting site at a high level.
Wide Acceptance Rate	That leads us to the third advantage of PayPal betting sites, which is the wide acceptance rate. The number of bookmakers that will allow Indian players to open a betting account with PayPal as their chosen method is huge. Thanks to the wide acceptance rate, players from India will have a lot of flexibility at sports betting sites.
Easy to Use	Finally, we have the last advantage of PayPal, which is the fact that it is easy to use. Setting up a PayPal account then using it to register at PayPal sports betting sites to deposit and withdraw money is rather easy. Regardless of their age or skill, Indian players will have no trouble completing both of these processes.

Cons of PayPal Betting

Now we transfer to the other side, which is the disadvantages of using PayPal at legal sports betting sites. When we think of the cons that come with PayPal as a payment option, the only con seems to be restrictions to bonuses and promotions.

Restrictions to Bonuses

Even though this is not a common case, betting sites that accept PayPal may consider it as ineligible to claim the featured bonuses and promotions such as free bets, welcome packages, reload bonuses, etc. In most cases, this only refers to two other e-wallets (Neteller and Skrill) but there are some online betting sites that will not allow Indian players to claim a bonus with a PayPal deposit.

The simplest way to check whether online betting sites accept PayPal as a method to claim the promotions is to take a look at the terms and conditions of the bonuses. If PayPal deposits are not eligible, then this will be elaborated in the T&Cs section.

There are tons of reasons why you should always check the T&Cs of every bonus at every betting site and this is one of them.

Easy Ways to Make Deposits and Withdrawals with PayPal

The process of making deposits and withdrawals at PayPal betting sites is rather easy. The first part is creating a PayPal account that you will later on use to fund your betting account.

The PayPal account is connected to your bank account and as stated earlier, it enhances the overall security of Indian players. After the first step is completed, then you proceed to create an account at the best PayPal betting sites.

Registering an account at a betting site is extremely simple and fast. Here’s what you need to do!

Find the best PayPal betting sites

There are many great betting sites with PayPal deposits and withdrawals that accept Indian players. Check out our list and choose the one that best suits your needs!

Sign up

Any betting site will require you to create an account before making any bets. Simply press the “Sign Up” button, enter your data, verify the account and you are ready to rock! Don’t forget to check out the promotions section – there could be a hefty welcome bonus waiting for you, including free bets.

Choose PayPal as the payment method

The next step of online betting with PayPal is selecting this option as your banking method. As mentioned earlier, sports betting with this payment method has a lot of advantages that will come in handy.

Start betting with PayPal!

Now that you have created an account and made a deposit, you can start betting on your favourite sports teams!

As for the easy ways to deposit and withdraw money using PayPal, there isn’t a lot of science in the process. You just log in to your online sports betting account and use this preferred payment optionto make deposits and withdrawals.

If the option of remembering your username and password is available, then Indian players can definitely check it as it will save them a few seconds of their time. After all, sports betting, especially live betting is an activity in which every second counts.

Markets can be volatile, as there are endless events that can occur in a sports game and they affect the outcome. Depending on the outcome, odds can go up or go down. The faster you are able to place bets, the better it will be for you.

Indian Mobile PayPal Betting Sites

In the past couple of years, the online sports betting industry has welcomed a new trend – mobile betting. As data shows, mobile usage in India is rising. by 2025, it is expected that the number of mobile Internet users will reach 1.1 billion.

So, there’s no denying the fact that mobile sportsbooks are part of the future of all online gambling sites. A majority of PayPal sportsbooks are ahead of the curve as they are already optimized for mobile use. How?

They utilize the latest HTML5 technology. Thanks to that fact, all Indian players who are looking to gamble responsibly on sports can proceed to bet with PayPal on their mobile devices at any time and place. There’s just one condition that they need to fulfil in order to bet on their chosen betting site – make sure that they have a stable Internet connection.

The process of betting with PayPal on mobile devices is the same as betting on desktop devices. You just access your mobile browser, type in the address of the betting site and log in. Thanks to HTML5, the site will fit the smartphone’s screen and Indian players will be able to place bets within seconds.

Moreover, they will be able to transfer funds to their account with PayPal as their chosen deposit method and make a withdrawal. Indian players will be able to claim bonuses and promotions, however, it is worth reading the terms and conditions for reasons we explained in the pros and cons section.

While you are at it, you can check whether you can claim special online betting bonuses such as a free bet, cashback, reload bonus, or even a casino bonus, if the sportsbook offers casino services. Some sportsbooks are known to offer special bonuses to Indian players who are accessing their sites from mobile devices.

How to Find Sites Accepting PayPal

Of course, before you can place bets, you need to be able to find the online sports betting sites that feature PayPal as a payment method. If you like to be more hands-on with the process, you can browse various online betting operators and go to their banking section to see whether PayPal is featured among the deposit options. If they opt-in for this option, there are a few things that every Indian player should take into consideration.

See If the Betting Site Allows for PayPal Withdrawals	First off, PayPal may be accepted as a qualifying deposit, but the sportsbook might not support PayPal withdrawals. That is why it is important to check the withdrawal options as well. Moreover, as an e-wallet, some bookmakers might allow you to connect your PayPal account and make a deposit, but they may charge fees for deposits or withdrawals.
Check Whether You Can Claim Bonuses with PayPal	We’ve mentioned that some payment methods (mostly e-wallets) don’t let bettors claim certain bonuses. And oftentimes it’s the welcome bonus, which is one of the most important. Take a look at the terms and conditions of the site to see whether PayPal can be used to claim bonuses and promotions.
Make Sure the Betting Site Is Properly Licensed	Placing your bets on a rogue site and finding out that not only your deposit is burned but also your personal information got compromised has to be a nightmare scenario for every punter. And it’s possible that you experience it in real life if you’re not careful enough. One way of being careful is making sure that the site of your choice has a proper license.

Alternatively, you may choose a much better option and rely on our expertise. The list that we featured at the beginning of this piece shows all of the bookmakers that support betting with PayPal. These betting sites are verified and all of them accept it as a deposit method.

Since each of these online sportsbooks is licensed and secure, Indian players can rest assured knowing that they will be protected at all times while making PayPal transactions to wager on sports. The one thing that you should do here is to take a look at our online sportsbooks list and decide which one is the best pick for you. Be sure to take your personal preferences into consideration as they will help you have the best betting experience.

Do I get any Bonuses if I Use PayPal?

While speaking of the pros and cons of using PayPal as a payment option, we noted that some online sportsbooks might not consider it as an eligible method to claim a certain bonus, such as free bets.

So, you must be wondering whether you get any betting offers if you use PayPal. The answer to this question is both yes and no and here’s why. In most cases, bonus restrictions apply to these two deposit options: Skrill and Neteller.

That means that you will be able to claim bonuses and promotions if you use PayPal. But on rare occasions, sportsbooks may include PayPal on their list of ineligible banking methods to claim the bonus. That is why you should always check the terms and conditions of the bonuses before depositing money in hopes to claim them.

Reading the Terms and Conditions is Important

Apart from telling you whether you can use PayPal to claim a certain bonus, the terms and conditions of the bonus will provide you with extra vital information on the promotion. For starters, they state the minimum required deposit and whether a bonus code is needed to claim it.

Not only that, but if you claim Free Bets, the T&Cs will tell you what is the maximum bet amount allowed. Bonus validity period, available markets, country restrictions, etc. also apply. However, the single most important T&C is wagering requirements and this is something that Indian players need to be familiar with.

Here’s what wagering requirements represent. If bonuses, for example, free bets, have wagering requirements set at x35, that means that you need to wager deposit 35 times. So, if you made a ₹1000 deposit to claim the free bet, you will need to wager the deposit 35 times to a total of ₹35000 to withdraw its winnings.

Why ₹35000? Well, as the wagering requirements state, they are 35 times the deposit, which in this case is 35×1000 and that totals to $35000. The general rule with bonuses is, the lower the wagering requirements are, the easier it will be to benefit from the promotion, whether that is a sportsbook or a casino bonus.

All in all, terms and conditions play a vital role in claiming a bonus and using it to boost your winnings when you are betting with PayPal.

Safety and Security at Indian PayPal Bookies

Of course, the number one concern that Indian players have when they access PayPal bookies to participate in sports betting activities is safety and security. Considering the fact that the online gambling industry, which consists of bookies and online casinos is not well-regulated, scam sites may be operating in the area and the government is practically powerless.

So, keeping yourself secure at online bookies is a responsibility that falls on you specifically and you need to be aware of the things that you can do to make sure that the chosen site is safe.

In a majority of cases, PayPal partners with legal and regulated sportsbooks, so if you see it featured at a bookie, the chances are high that the sportsbook is safe and you can participate in online gambling activities at that platform.

However, it is still worth knowing how to check the trustworthiness and reliability of sports wagering sites. With that being said, there are two features that will indicate whether the site is secure and you can safely register and claim bonuses such as welcome bonus or free bets. They are license, and security software.

As long as these conditions are met, you can go ahead and safely play at your selected online bookmaker. Let us explain more in detail why it’s important.

License and Regulation

Let’s start with the license first. The Public Gambling Act of 1867 in India does not have any specific details concerning online betting, meaning that there’s isn’t a domestic regulator that will license a certain bookie that will accept PayPal as a banking method.

The license is the most important factor that will indicate whether the sportsbook is trustworthy or not. As we just mentioned, India does not have a domestic regulator, which means that players from this region will have to rely on international authorities to tell them whether the site is legal. Some of the most reputable and most popular regulators on the international field are:

• the UK Gambling Commission
• Malta Gaming Authority
• Kahnawake Gaming Commission
• Gibraltar Gambling Commissioner
• Curacao eGaming

If the sportsbook that accepts PayPal is licensed, then it means that you are free to register an account and place bets there. You will also be able to claim the featured welcome bonus (if it is available) and other promotions such as free bets.

Checking whether the sportsbook is licensed or not is rather easy. First, access the official site of the bookie where you can use PayPal. The second step is scrolling down to the bottom of the page. Every licensed sportsbook is required to display its license at the bottom and list additional details such as the company that operates it, license number, etc. If these details are shown, then the PayPal betting site is safe and reliable.

The reason why a license is so important is that it is an indicator that the sportsbooks’ activities are overseen on a regular basis by the authority that licensed them. That way, they make sure that all online money transfers are legal, there isn’t any corruption or bet rigging, and so on. Each licensed sportsbook has standards that it needs to live up to, and if it doesn’t, then the license will be revoked or suspended.

With that being said, if the sportsbook will allow you to make a bet transaction with PayPal, but is not licensed, it usually means that it is probably doing something shady, hence you should ignore it and don’t engage with it.

Security Software

Next up, if the sportsbook is licensed, that means that it has a reliable online payment system and you can use PayPal to make a transaction. Moreover, the chances of it using the latest security software are almost 100%, but checking the security software is something that will take just a couple of seconds of your time, which is why it is worth checking out.

All online bookies, daily fantasy sports sites and other gambling sites utilize the latest SSL encryption software. This is an AI system that encrypts the data that is sent between the player and the sportsbook that features PayPal as an accepted banking method.

In doing so, it keeps players from India safe while they enjoy placing bets on the featured sports. This is an important feature because when you are completing the process of account reg, you will have to include some details on your own payment system, which in this case, is PayPal. First name, last name, country, etc., may also be among the required details.

Thanks to the SSL encryption, this type of data will always be kept out of harm’s way. There are two types of SSL encryption software that Indian sportsbooks utilize – 128-bit and 256-bit SSL encryption.

Checking whether your chosen sportsbook uses the trusted SSL encryption is simple. All you have to do is take a look at the URL of the bookie. Then, see whether the letter “S”, which stands for “security”, is next to “HTTP”.

If it is, then the site is using the latest SSL encryption, but if it doesn’t, that means that the site is not secure and you shouldn’t trust it with your personal data.