eSports are becoming hugely popular around the world. In the past 5 or so years, we have seen a number of different PC, Xbox, and PlayStation games turn into competitive gaming titles on which players can fight it out for cash prizes in huge tournaments. Notable esport titles include Counter Strike, League of Legends, Call of Duty and Starcraft to name a few. As you would expect, with any major surge in sporting competitions, there has also been a surge in eSports betting sites that allow the public to place real money bets on eSports games and competitions just like any other sport. Bet365 paypal it’s a great way to bet on your favorite game.
This article looks at eSports betting sites that accept Paypal payments, and how you can bet Paypal money on eSports – Enjoy!
Most csgo sites provide promo codes to their players.We have therefore added the best promo codes for each gambling site in our list. These codes often gives the player a signup bonus, free coins or free credit to use at the site. Using CSGO betting sites with PayPal. Can you bet on CSGO matches using PayPal?Absolutely – the sites suggested in the table above both offer wide coverage of CSGO matches and accept PayPal, meaning that’s relatively easy to do your CSGO betting with PayPal.
PayPal is an online payment system that was first released to the public in 1998. During the early development of PayPal up until 2014, it was actually owned by eCommerce marketplace giant eBay. PayPal started out as an extremely basic online payment system, but it has now developed into one of the most efficient, and fastest forms of online payment in the world today. PayPal boasts a huge userbase and millions of people around the world use it for payments – it is the most used online payment platform of all time.
If you want to use Paypal for eSports betting there are several steps you must first take:
Register a PayPal account
First, you must head on over to the PayPal website and register an account. There should be a sign up button – simply follow the steps and complete the registration process. You with have to have a valid email address and also enter your own home address too – you will then receive a confirmation email that will allow you to finalize the registration and complete your new account. Once you have created your account, you can then set up your profile.
Add a payment method such as a debit or credit card
After registering your PayPal account, you can now add payment methods so you can bet PayPal money on eSports. If you go to account management you can add payment types – the most common type to add is a credit or debit card – once you have added your card details and verified them, you can then just use your Paypal account to make eSports betting deposits and payments.
Choose one of the betting sites that take PayPal and start gambling!
Finally, as you will see below, there are many betting sites that take PayPal. You must choose an eSports betting site you like, and then you can start betting! You can look at the myriad of different games available to bet on – Betway eSports, for example, has markets for Counter Strike: GO, Defense of the Ancients 2 and League of Legends.
PayPal is the most versatile online payment system in the world – its just so much better than all the rest – there is no competition really. The following are two of the main benefits of eSports betting with PayPal:
No need to enter payment details for every transaction
This is obviously the major plus. Once you have entered a payment method once via your actual PayPal account, you can then use that payment method over and over again – there is no need to enter your card details every time you want to make an eSports betting deposit for example. We all know how irritating it can be trying to remember the long number on our debit cards, and then if we can’t remember, having to think where we left our wallet to find our card! PayPal removes that irritation and provides a seamless payment method that can be done with a click of a button.
Much quicker transactions and withdrawals than traditional banking methods
Aside from the ease of use, and the fact that you only have to enter your card details once, PayPal is also infinitely quicker than other payment methods such as Skrill, Neteller, and bank transfer. PayPal deposits on eSports betting sites such as Pinnacle sports and Cherry Casino typically process instantly – some other transaction types can take hours or even days depending on the controlling financial institute.
This holds true for withdrawals too – once you have made a killing betting on eSports, you want to be able to take your winnings straight away – PayPal can again allow you to do this whereas some withdrawal methods can take between 3-5 days.
Now that you understand about PayPal and why it is beneficial for eSports betting, we can look at the PayPal betting sites available on the market today. Unfortunately, not every eSports betting website allows PayPal deposits and withdrawals, therefore, it is important to understand which platforms offer this service first. The following are four of the main betting platforms that offer both eSports coverage and PayPal eSports betting:
Pinnacle Sports has actually been around since 1998 and has established itself as a fantastic alternative gambling platform for those who want something different to the mainstream sites. Furthermore, Pinnacle Sports is actually one of the best PayPal eSports betting platforms, and it has one of the largest selections of games and in-game markets to choose from.
Games covered by Pinnacle include CS: GO, DOTA 2, LoL, Starcraft 2, Heroes of the Storm, Hearthstone, World of Tanks, Rocket League, Warcraft 3 and King of Glory. Their range of available eSports betting with PayPal is magnificent, and they also have a blog that provides game updates and tips.
Betway sports was established in 2006 and since then has been at the forefront of online gambling. This company predominantly deals with traditional sporting markets such as football, basketball and horse racing, but they have also branched out into eSports betting. Their eSports markets started off limited, but they have since expanded and now have a superb range of games to place Paypal eSports bets on.
Games covered by Betway sports include Counter Strike: GO, League of Legends, DOTA 2, NBA 2k, King of Glory, Starcraft 2, FIFA, Rainbox Six, Starcraft Broodwar and Street Fighter 5. Their League of Legends markets are the most extensive, and you can place PayPal bets on most of the major competitions.
William Hill is a renowned betting company that has both an online betting marketplace and physical betting stores too. William Hill is also one of the oldest betting companies in existence and has one of the largest sports markets available – you can place Paypal bets on a variety of different sports such as American Football, Baseball, Darts, Cycling, Golf and Ice Hockey.
Furthermore, William Hill has a fantastic eSports betting marketplace too. Their list of games is certainly not as extensive as Betway or Pinnacle, but they still have a great deal to offer. It is possible to place eSports PayPal bets on League of Legends, Counter Strike: Global Offensive, DOTA 2, FIFA, and NBA2K.
Betfair is actually owned by the gambling brand Paddy Power and the joint venture was formed in 2016. Betfair has already established itself as a fantastic online gambling provider and has an exciting array of markets, promotions, and special offers. As with other major gambling sites, Betway has also branched out into eSports and user can now bet on a variety of different esport markets.
Betfair currently supports Starcraft 2, League of Legends, Counterstrike Global Offensive and DOTA 2. You can place PayPal eSports bets on the global Starcraft 2 league, DOTA 2 International and various different League of Legends official tournaments and seasons.
Bet Red Kings
Bet Red Kings is actually a lesser known online gambling company that specializes in football betting and horse racing. They cover a wide variety of footballing leagues and major horse races around the world. Aside from their sports coverage, Bed Red Kings also has a variety of eSports markets too. Whats more, you can use PayPal as a payment method for deposits and withdrawals. eSports games covered include League of Legends and Counterstrike Global Offensive.
We hope you have found this guide useful – you should now have a much clearer idea of eSports betting with PayPal and why this payment method is beneficial. PayPal really is one of the best payment methods to use for eSports betting due to its convenience and speed. Why not register an account today, set up your own payment method and have a little bet on an esSports competition?
PayPal is one of the most popular ways to deposit and withdraw at online betting sites. The easiest way to deposit to a bookmaker, casino or poker room by PayPal is through an existing balance. This can be received through a transfer from a friend or a sale over the internet at an auction site such as eBay.
There are several other ways to fund a PayPal account. An instant electronic check may be drawn directly from a bank account. Large transfers are available through bank wires. European bettors may also use a credit or debit card, including the PayPal Extras Mastercard. Players in the US may not use a credit or debit card to fund an account at a regulated poker or casino site.
If you’re in New Jersey, Pennsylvania, Indiana or West Virginia and you want to use PayPal to bet on sports, you’re in luck. A number of online sports betting apps and sites use PayPal
It depends on where you are. PayPal only allows deposits to sites that are fully licensed in their resident jurisdictions.
So, residents and visitors to Nevada and New Jersey can use PayPal because those states allow PayPal as an option. Similarly, countries outside the US can elect to allow PayPal as a payment method for their online gaming sites.
However, in unlicensed areas, such as most of the states in the US, PayPal cannot be used on betting sites.
No. PayPal does not allow users to purchase Bitcoin or other cryptocurrencies at this time.
Online betting sites do not charge a fee to deposit with PayPal. PayPal charges 2.9% to deposit using a credit card or debit card. There is no fee to use an existing PayPal balance or an electronic funds transfer from a bank account.
Players must create an account with PayPal to use it as a deposit method. It is a quick and simple process that only takes a few minutes.
No. A PayPal account used to deposit at a betting site must belong to the account holder.
PayPal will appear as a withdrawal option once a successful deposit using the method is made.
PayPal withdrawal options include electronic check and check by mail. PayPal has a debit card that may be used at any retailer that accepts credit cards. It can also be used to withdraw cash from an ATM.
Yes. Within in the US, some online casinos in Nevada and New Jersey accept PayPal.
Outside the US, several countries accept PayPal as a deposit and withdrawal method. Please check each casino website’s frequently asked questions for more specific details about banking methods at that site.
Yes. PayPal is just as safe as using any other ewallet. It is safer than using a bank account directly as it provides an additional layer of security between the betting site and the player’s financial information.
PayPal offers instant deposits. Credit cards, debit cards, and electronic bank transfers are among the deposit options. Players can also use PayPal for traditional purchases and eBay sales, making it more useful than some of its competitors. PayPal balances can also be created by receiving a transfer from a friend or business. The main disadvantage of PayPal is that there are deposit fees associated with credit card deposits. Withdrawals can be slower than other ewallets.
PayPal is available for betting sites in Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Portugal, Spain, Sweden, and the UK. Nevada and New Jersey players may use PayPal for online gaming deposits in the US. PayPal is also a deposit method for horse racing sites in the United States.
PayPal only permits gambling transactions in jurisdictions where it is licensed. That is why it is available in Europe. Countries license online betting sites. Nevada and New Jersey online gambling sites are also permitted to use PayPal as a payment option. The online sports betting sites available to players outside of Nevada are not licensed. They are located offshore. PayPal refuses to do business with those sites.
Yes. PayPal was once the main ewallet for offshore gaming sites that accepted US players. This included poker, casino, and sports betting. The company processed these payments from 2000 until November 2002. PayPal paid a $10 million fine to the US government for these transactions in a civil action.
DraftKings and FanDuel are daily fantasy sports sites. These businesses are considered to be skill gaming under most state laws. PayPal’s legal opinion is that processing payments for FanDuel and DraftKings are legal in all jurisdictions that it operates.
Yes. Many countries that host bet365 allow players to make deposits and withdrawals with PayPal
Yes. When you are about to deposit you will be directed to a PayPal login page. Simply enter your email and PayPal password to access your account.
Yes. betway does permit PayPal as one of its banking methods. However, it may be necessary to open a PayPal account specific to the country in which one’s betway account resides.
PayPal was the first major ewallet on the Internet. It allowed individuals the ability to send money to a company or another person. It became the most popular way to purchase an item on Ebay. It was also the top choice for online gambling sites that accepted Americans, although it was a trivial amount of PayPal’s total business.
Online gambling transactions accounted for about eight percent of PayPal’s entire processing business in 2002. PayPal had little business outside North America at the time. That has changed drastically and PayPal is now an international company that processes payments in over 100 countries.
eBay acquired PayPal in 2002. The company has since split and became two different companies in 2015.
PayPal stopped processing online gambling payments almost immediately after the 2002 merger. This left the US online gaming market with a massive void. Firepay and Neteller quickly came to the rescue. Both of these companies ran into legal trouble in 2006 and 2007, respectively.
The combined company became the target of a federal investigation into its online gambling payment processing in 2002, even though PayPal was an independent company when the alleged transactions took place. The company agreed to pay a $10 million civil settlement to dispose of the case in US Court in the Eastern District of Missouri. The amount was estimated to equal the amount of profit PayPal made during the two years it processed online gambling payments.
PayPal stayed out of the online betting business until 2009. That is when the company decided to start processing payments again for the online gaming industry. The difference is this time around, the sites PayPal did business within the sector were fully legal and licensed in the jurisdictions where PayPal processed payments. This generally meant that the United Kingdom was the only country where PayPal was available as a deposit and withdrawal option.
Betfair was the first online betting site to use PayPal in Europe. Maybe not coincidentally, Betfair never accepted US players for any of its offerings, even before the Unlawful Internet Gambling Enforcement Act went into effect in 2006. Before that time, virtually every online gambling site accepted US players.
Betfair is known as a betting exchange. It differs from a typical betting shop as it allows players to set buy and sell prices similar to a commodities or stock market. Lucky Creek Casino. Betfair takes a percentage of the win. This gave PayPal a unique entry into a complicated industry.
It was not long before other UK sportsbooks got approved by PayPal to use it for payment processing. Bet365, Ladbrokes and William Hill were among the companies selected to expand PayPal’s European online gaming business. Other online gaming companies that accept PayPal include 888, bwin, PartyPoker and Paddy Power. PayPal continued to only permit its use for online gaming purposes in countries where the activity is specifically legal and licensed.
Bet365, Ladbrokes and William Hill are among the strongest online gaming brands in the world. Each specializes in sports betting with online poker rooms and casinos falling secondary to the main business. All three started out as live betting shops throughout the UK. Each started to move its business to the Internet in the mid-2000’s during the online gaming boom. Bet365 sold its bricks-and-mortar betting shops in 2005. Ladbrokes and William Hill continue to operate them, lending even more credibility to the online business.
PayPal continued to operate its eBay and person-to-person business in the US. This included payment processing for traditional online businesses. It also permitted some uses within the skill gaming sector. This includes Worldwinner, a skill-based site owned by GSN. Worldwinner also processed payments to less traditional skill gaming sites that include Gamesgrid’s backgammon games and duplicate card games like spades, bridge and poker. Duplicate cards deal all players the same cards and score based on the difference in points between the participants.
The next big move in the US for PayPal was daily fantasy sports. The contests are believed to fall under skill game laws in as many as 45 states, although there is some debate about the exact number where it is legal. Nonetheless, PayPal processes deposits and withdrawals for all sites in all states where daily fantasy companies operate.
The next step for PayPal in the online gambling industry came in 2015. That is when PayPal and Caesars Interactive Entertainment started processing online poker and casino payments for WSOP.com and Nevada and New Jersey, as well as 888, Harrah’s Casino and Caesars Casino.
PayPal continues to be the largest ewallet in the world. Its movement back into the online betting industry helped it compete with Neteller and Skrill in Europe. Becoming a processor for big names like Betfair, Bet365, Ladbrokes and William Hill helped give it brand awareness in other countries where it may not otherwise have received the attention from players.