PayPal is one of the most popular ways to make payments at many of the top sports betting sites in the United Kingdom. Once you’ve registered your PayPal details, you can make instant deposits and quick and easy withdrawals. PayPal payments are safe and secure and there’s no need to register your bank account details or lots of other personal information with a betting site.
Spieth edging closer to long-awaited win 5:00 Jordan Spieth's long wait for another win goes on after a disappointing final day at Pebble Beach, but he vowed to continue his recent resurgence at. We noticed you’ve requested to add money from your bank account to your PayPal Cash or PayPal Cash Plus account.It will take 3-5 business days for this process to complete. Once the process is completed, the money will appear in your balance and then you can make online purchases or send money to anyone. How does PayPal Funds Transfer Works? The PayPal offers three types of fund transfer for all of their users. The first one is the PayPal to PayPal transfer, second is the Third-party payments, and the third is the Wire Transfer of funds to the user’s bank account. Withdrawals to e-wallets are normally the quickest and are often credited within 24-hours. But other methods can take up to five days. Before making a withdrawal at Betway, it’s also important that you have completed any identity verification checks and the wagering requirements on any bonuses.
In terms of both convenience and security when it comes to online gambling there aren’t any better choices than PayPal. It allows you to quickly and easily fund and withdraw from your account and in the process you’re protected by the many security features PayPal has to offer.
Best PayPal Betting Sites: Top 9
The following is a list of the best sites for betting with PayPal:
*Info accurate as of 10-03-2021 for the UK market.
PayPal Betting Sites Compared: Limits & Fees
|William Hill||£5||Instant||24 hours||0%|
|Paddy Power||£10||Instant||1-4 hours||0%|
How to Use PayPal: Deposits & Withdrawals
As one of the largest online payment processors, PayPal is widely accepted by online bookies, and many sites even offer a free bet bonus for punters who make their initial deposit via PayPal. Moreover, as PayPal is a fully electronic payment storage option, making a deposit to a bookmaker which accepts PayPal is extremely easy – as is making a withdrawal.
How To Deposit:
- To get started with making a deposit via PayPal, you’ll have to first set up and fund your PayPal account.
- Head to PayPal.com to open an account now.
- For greater convenience, you can verify the account with PayPal which lifts your £/$500 monthly limit (find instructions when logged in on the PayPal site.
- Now add money to your PayPal account by simply clicking the ‘Add Money’ button (when logged in). It will process the same way as any online payment.
- Next log into your chosen PayPal friendly bookmaker, select deposit and easily move funds from PayPal to your betting account.
- If you bet with PayPal all deposits process instantly.
How To Withdraw
- Log in to your betting account and hit the withdraw link.
- Select PayPal as your chosen method and enter the amount you wish to cash out.
- Confirm the transaction – most bookies process PayPal withdrawals instantly (one of the biggest perks of this option).
Security & Anonimity: Stay Safe With PayPal
If you’re using PayPal to process online financial transactions, then you are already in a pretty good place in terms of security. Here’s how PayPal keep you safe:
Protecting Card Information
It is always a good idea, especially for the more security-minded among us, to use a third-party payment processor for any online payment. This saves you from sharing your credit card or bank account details with a wide variety of sources, and instead means that you’re only providing the critical information to one party (in this case PayPal and not the betting site).
PayPal does recognise how critical the safety of your information truly is, and have taken all industry-standard measure to make sure that your information is locked up securely (behind their Secure Sockets Layer), and that you don’t maintain any liability should the information be compromised. Slotmega888. If you check your address bar you’ll see we employ the same security function here on Cheeky Punter.
PayPal takes their security extremely seriously, and tends to err on the side of caution when dealing with potentially fraudulent activity. Particularly if you travel internationally, or deal with a lot of cross-border transactions, you might be see your account flagged, locked, or frozen with some regularity. This is usually sorted out with a quick call to customer service. It’s better to be safe than sorry.
Finally one of the best things about using any of the Paypal betting sites listed in our table above is the anonymity they provide you. If you deposit with Paypal then your bank statement only shows money in and out of Paypal, not a gambling operator. This is more important than you think as whenever you apply for credit, even if you’re only spending £20 a week, it’ll still flag up on many banks reports.
Paypal have a policy of never asking for account information or passwords via email so you know as soon as something lands in your inbox trying to get your details it’s a scam. If you want to report phishing just forward any email to [email protected] They’ll let you know straight away if it’s fraudulent or not. Be on high alert for emails from PayPal as impersonating the company is right at the top of the list for many scammers.
PayPal is a worldwide e-commerce institution, which allows you to make online money transfers quickly and securely between your PayPal account and the accounts of thousands of merchants and banks worldwide.
The company operates by storing money drawn from your checking account, and then allowing you to send the money via online transfer to the merchant of your choosing. Payments are processed quickly, and PayPal saves you the risk of providing your financial details directly to the merchant.
How Does PayPal Work?
PayPal For Online Betting
For any readers in North America, please note that PayPal will not process payments to any gambling sites for North American customers. The only way to deposit in a account from a North American PayPal account is by first transferring your money to a third-party, such as another e-wallet.
However, for users in the UK and Europe, PayPal offer a fast, safe, and convenient way to deposit and bet online as well as a quick and easy way to withdraw your winnings.
PayPal dates to the late 1990’s and early 2000’s. Although not originally an online payment system, it slowly merged into that as the need and desire for such as system become increasingly evident.
In particular, the popularity of online auction site Ebay.com propelled PayPal into the national spotlight. Although Ebay had its own payment system, the PayPal system was more flexible, as it allowed users to move their money around more freely. As such, PayPal become the online payment option of choice for a variety of websites, Ebay included.
In 2002 it was purchased by Ebay and has been used as the official payment option for all auctions on that site. However, it has also continued to operate as an independent business, and offers customers a convenient and secure method of processing payments online to a wide variety of merchants worldwide. As such, it is an ideal option for making deposits to, and withdrawals from, online bookmakers and since PayPal started to appear the method has grown quickly in popularity to the point where some punters will only use PayPal friendly sites.
There are two places where you could potential incur fees making a deposit using PayPal; either from the betting site, or from PayPal itself.
Fortunately, the former have eliminated processing fees so no betting site will charge you anything for using PayPal.
On the other end, PayPal does charge a wide variety of fees for performing different types of transactions. The fees you incur depend on the type of transaction, the type of account you hold with them, the type of payment option utilised, among other factors.
Deposits are always processed instantly and withdrawals are often instant as well – some withdrawals can take up to 24 hours to process but it’s rare that they don’t go through straight away.
Some bookmakers will and some bookmakers won’t give you a deposit bonus if you make your first deposit using PayPal. There’s nothing stopping you using an alternative method for the first ever deposit and using PayPal for everything thereafter.
The only other two deposit options similar to PayPal are Neteller and Skrill. Both offer a similar e-wallet style service to PayPal but be careful as fee’s can be slightly higher.
We consider PayPal to be one of the safest deposit options available to online punters. They employ all the expected security protocols for online transactions and provide an account monitoring service to ensure you haven’t been hacked or scammed.
SkyBet are one of the most well known bookmakers given their advertising platform on TV but when you start to dig deeper into the company you find there are some seriously alarming questions over the brand.
Sky Bet To Paypal How Long Distance
Sky don’t actually own SkyBet. Which is weird considering the branding. They are owned by a Canadian company who have no relationship with Sky.
On top of that SkyBet recently terminated deals with a number of their marketing partners overnight and suspended payments. This is a massive red flag for any company and I’m no longer comfortable recommending a bookmaker with, what from the outside appears to be, a question mark over their finances.
If the company are struggling financially then players funds are potentially at risk, as are payouts, and until resolved you’d be much better off sticking to a safer option.
Sky Bet To Paypal How Long Island
Check out either Bet365 or Betvictor, both 5 star bookmakers, for better alternatives to Sky Bet.
Licensing & Safety
- UKGC license
- Alderney license
- Strange ownership?!
- Financial questions marks?!
Although Skybet have all the correct licenses they need to operate, from the UK Gambling Commission and Alderney Gambling Control Commission, they aren’t actually owned by Sky and have a big question mark over their financials after sudden terminations with marketing partners who claim unpaid debts.
Bonne Terre Limited, the company that own Skybet, are licensed by Sky to use the Sky trademark so they can operate the Sky Bet bookmakers. This just feels like an odd situation and we’d be much more comfortable if Sky owned and ran the site.
At no point in any of their advertisements, on Sky TV, is it made clear that Sky don’t own SkyBet. In fact as a punter you just automatically assume they do by association.
With these two key points in mind, at this point in time we’ve assigned Skybet with our highest possible risk rating. We wouldn’t keep our money on the site so we don’t expect you to.
If you’re looking for an alternative option… check out our bookmaker reviews.
Deposits & Withdrawals
- Instant deposits available
- Credit & debit cards
- Skrill accepted
- PayPal accepted
£10 – £10,000
£10 – £10,000
£10 – £10,000
£10 – £50,000
£10 – £100,000
£5 – £5,500
£5 – £750
£1 – £100,000
Markets & Odds
- 30+ sports
- Average odds
- In-play betting
- Limited live streaming
When it comes to sport, Sky is one of the biggest name in the United Kingdom, covering all kinds of different events on their many television channels. This massive scope also extends to the huge amount of different sport markets that they have on their gambling site, therefore meaning that there is something for everyone.
The sports that they offer markets for are:
- Aussie Rules
- Formula One
- Horse Racing
- Ice Hockey
- Motor Sports
- TV & Films
- Winter Sports
As can be seen, if you can find the sport to watch on Sky Sports, then the chances are you will also be able to find a market for it on this site. Sky have used their considerable resources to provide one of the most comprehensive list of sports around, as well as to make sure that all of the sports covered are covered in great depth. This means that from low league encounters through to World Cup matches, you will be able to find what you are looking for here.
A note on the odds: whilst the odds you’ll find on Skybet aren’t a million miles away from the other major bookmakers they are by no means the most generous and when it comes to football for example you’d be much better off at one of these sites.
- Expected range of events
- Cash out offered
- Live stats & scores
- Limited live streaming
As you would expect from a site of this size, Skybet also offers a comprehensive in-play section, which means that you are able to place bets as the event is being played out. Odds are constantly updated on this feature and it is offered for nearly all matches that are ongoing, regardless of the sport.
The live menu can be found right in the middle of the homepage, with details of the match and the number of different bets that are being offered. Once an event is selected you’ll be presented with a console where the live score is at the top, odds below, a graphic displays the current state of play and clicking the stats icon in the top right switches to match stats.
However in-play bet types are limited and the odds available certainly seem tight when compared to other online bookies. These two negatives put them right back in the middle of the pack in this category.
To be honest there are better live options out there. For the top two check out our Bet365 review or our BetVictor review.
Live Streaming on Skybet
Given that Sky have the television rights to pretty much every sport worth watching you’d think they’d have a pretty stellar live streaming section… well unfortunately you’d be wrong.
In fact they recently reduced their live streaming service and now only offer UK and Irish horse racing. You must bet at least £1 per race to watch.
All in all it’s vastly disappointing and when you compare them to Bet365 who stream over 100,000 events per year on top of horse racing it doesn’t look great. We’ve been forced to downgrade Skybet as a result here. Click the previous link to read our Bet365 review if live streaming is important to you – you’ll be looked after there.
After conducting our Skybet review we felt that, given our concerns, they were worth no more than a 1 star rating.
They have all the correct gambling licenses required to operate an online bookmakers but as we’ve mentioned previously in this review they company isn’t owned by Sky themselves and they’ve recently had disputes with marketing parters over contracts and payments.
It’s a real shame that the above two issues overshadows what could be quite a solid online bookmakers. Their depth and range of markets is decent, odds are competitive if not outstanding and there’s plenty of offers (such as Super 6) to keep punters interested.
A lack of live streaming does also let them down, especially given the TV platform… but as we know Sky don’t seem to own SkyBet so I guess that explains why this is an issue.
If they are able to resolve on going disputes with their marketing partners then to us that would prove they at least have the financial security to upgrade their rating. Unfortunately at this time we wouldn’t use Skybet and therefore would be uncomfortable recommending you do.
See bookmakers we DO recommend in our reviews section.
- September 17, 2018
Had big problems getting my money off of Skybet. Put £30 into my account. Placed a few bets and ended up winning a 4-fold acca on the footie for £156.73. Went to withdraw it and they want me to send in my ID. Have now sent it three times, to different people, and the situation isn’t resolved. Just pay me my money, you didn’t ask for ID for me to deposit!
- September 24, 2018
Didn’t realise that Sky didn’t actually own SkyBet. Thanks for pointing it out. These big companies never really let you know what’s going on do they. I do Super6 on Sky, in a league with a few of my mates, but won’t be using them for anything else after reading this. Probly switch back to Bet365 tbh.
- January 12, 2019
Never ever bet with this bunch of cowboy’ s… Tried to have an even £30 with skybet, only to be told they’ll only take an even £10!!! This week tried to place £30 at 7/2, only to be told we’ll only lay you £2,15p at 7/2!!!! I’ve withdrawn every penny from my account, and can’t see how they’re still trading… STAY away from this joke of a company. They should have their licence revoked…
Avoid Sky bet at all costs. Take your bets when you’re losing, but dare to win and all the restrictions kick-in!!! Bunch of cowboy’s. Should have their licence revoked.
Sky Bet FAQ
The Sky Bet bonus is currently worth just £10 to new customers. Which when compared to other companies is outrageously small. Compare it to the bet credits at Bet365 and you’ll wonder why people bother with SkyBet at all.
It’s a very good question. Sky actually sold Sky Bet to The Stars Group in 2018 and therefore retain zero ownership over the brand so whilst you think you’re getting the a brand with Sky’s long standing reputation you getting it’s name only.
Why Are There So Many Negative Reviews Of Sky Bet?
The main reason there are so many negative Sky Bet reviews online is that just before they were sold the company cut all ties with their promotional partners and broke financial agreements worth millions of pounds. If they can do that to their so called ‘partners’ then can they really be trusted by players?!