Real Money Sports Betting with PayPal

It comes as little surprise that punters from all over the world are in search of the cheapest and most secure means to deposit money into an online sportsbook, with many criminals lurking in the dark corners of the internet.

Fortunately, there are a number of companies that have made the somewhat nerve-racking task of parting with money online a lot less scary, one of them being PayPal. PayPal is a leading online e-wallet that has been around for some time now and has quickly become known as one of the safest and quickest ways in which people on the internet move money around.

Setting Up an Account

There is an extremely long list of bookmakers from around the world that will accept Paypal as a deposit method, however, this will depend on a player’s location. There are some places in the world that simply do not allow Paypal transactions due to laws that prohibit online gambling transactions, such as the United States.

The best thing for beginners to do is to research the laws and regulations within their country before checking whether the site that they may be interested accepts PayPal at all.

Thereafter, players simply need to create an account with PayPal, keep an eye out for the online betting NZ sites that accept the well-known e-wallet company and start their exciting journey into the world of safe online sports betting.

Funding a PayPal Account

Anyone looking to deposit money into an online bookmaker by using their PayPal account can do so in a few simple steps. Players will just need to visit the PayPal website will allow players to deposit money into their account using a debit or credit card (or even a transfer from their account).

Once the account has been funded, players will simply need to log into the online bookmaker’s site and click on the option to deposit using PayPal, follow the prompts and wait to see the numbers rise in their sportsbook account. Withdrawals are as easy, with players needing to request a cashout to PayPal and then withdraw from their PayPal account into their bank account.

Transfer Fees

It usually depends on how the account has been funded, but PayPal could charge a small fee to the sender. Should the sender use their bank account to fund their account there won’t be a fee, however, should the sender use their debit or credit card to fund it then there will be a percentage fee on the total transaction.

The online sportsbooks that receive funds will have to pay a fee, and what is even better is that most online bookmakers that accept PayPal deposits will cover the fees for both deposits and transfers. This ultimately means that players that pay using their PayPal will never (or very rarely) face a fee for depositing money.

Why PayPal?

There is no better feeling than that of knowing your money is safe and your mind can be free to embrace the joys of the online betting industry.

This feeling seems like a pipe-dream to many but can truly be accomplished with PayPal, one of the safest and most reliable options out there.