While Paypal is probably the most popular banking method where available. For use
with sportsbooks, this is essentially limited to parts of Europe and Australia. You
will be able to transact up to about 5,500 GBP or currency equivalent with PayPal
and your chosen sportsbook.
About: PayPal allows any individual with an email address to securely, conveniently
and cost-effectively send and receive payments online. Their network builds on the
existing financial infrastructure of bank accounts and credit cards to create a global,
real-time payment solution.
The size of their network and widening acceptance of their product has helped PayPal
become one of the leading payment networks for online auction websites, including
eBay. PayPal is also being increasingly used on other e-commerce sites for the sale
of all manner of goods. PayPal's service, which lets users send payments for free,
can be used from computers or web-enabled mobile phones.
Paypal’s Available Currencies and supported countries with regard to online sportsbooks:
Although Paypal provides its normal payment and money sending services to many people
in many countries, their service with regard to sportsbooks is limited. You will
be able to bank with Paypal and supported sportsbooks from the UK, Ireland, Australia,
Sweden, Finland, Austria, Germany and Spain. The currencies supported include the
Pound, Euro, Swedish Krona and Australian Dollar. Find PayPal betting sites for
Sweden, find PayPal betting sites for Ireland and PayPal betting sites for the United
Kingdom.
Fees
FREE to send money to your sportsbook of choice (or anyone else) when you are sending
funds in your PayPal balance or from your linked bank account. FREE to receive money.
Pay a fee of 3.4% + 20p when you would like send or receive money using a credit
or debit card. Your card statement will show you the amount funded plus the PayPal
fee. As a general rule: make sure the name for your PayPal account matches the registered
name of your chosen sportsbook account.