PayPal is a safe payment method that allows instant deposits and swift payouts. So, it’s not a surprise that it has quickly become one of the Aussie punters’ favourite banking options.
PayPal sports betting sites are getting increasingly popular, so we decided to make things easier for you and list them all below. Keep scrolling to learn about PayPal betting features, fees and how to deposit with PayPal betting sites.
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PayPal is only available at the top Australian bookmakers. While the selection is limited, PayPal only partner with the very best betting sites. Every one of them offers a broad range of odds and markets, as well as an excellent selection of special betting features, like live betting or live streaming.
Our experts have tested each of the listed bookies that take PayPal, so you can be sure that they are 100% reliable. If you want to learn more about any of the operators above, take a look at some of our in-depth bookie reviews or jump directly to the part of the article that interest you the most.
All PayPal bookmakers are very good because this payment method is available only at big operators. Bet365 is one of the biggest online sportsbooks in the world, so it’s no wonder they are our top PayPal bookie. You can visit our bet365 review to learn more, or click the button below and visit their site straight away.
bet365 – Best PayPal Bookmaker
Bet365 allows you to make instant PayPal deposits on both mobile and desktop. PayPal is also one of the quickest withdrawal methods available at bet365. The money will be in your account within just 24 after requesting a withdrawal. Also, note that you can claim any bet365 betting bonus when betting with PayPal.
This betting site offers much more than PayPal deposits and withdrawals. They cover 35+ sports and offer a market-leading selection of markets. On top of that, you can also watch live sports directly on their site and Android or iOS betting apps.
Each of the bookmakers with PayPal we have listed above are great, but it can be hard to know which bookmaker is best for you. That’s why we have chosen the best bookmaker for each category, so you don’t have to wander around searching on your own. Take a look at the list below and see if there is anything that matches your interests.
Bet365 is the best option for sports betting, with 35+ sports available and over 100 markets on average for the most popular sports, like NRL or IPL. If you’re more into horse racing, we suggest you visit Palmerbet, as they have the best coverage of both domestic and international races. This PayPal bookmaker is also known for constantly offering some of the highest racing odds in Australia.
When it comes to live betting and live streaming, no PayPal betting site is better than bet365. They have the best streaming coverage, which includes some of the most popular cricket, tennis and soccer events.
We focused on a single set of features when picking the category winners, so each of the sites above is the best in one particular domain. If you want to find out which is the best PayPal sports betting site overall, take a look at the top list at the beginning of this article.
Betting Apps That Use PayPal
It doesn’t make any difference whether you bet on mobile or desktop. Aussie bookies that take PayPal will deliver regardless of the device you choose. Our top operators have native betting apps for Android and iOS, which we highly recommend downloading when betting on the go. However, you can still get access to all the top betting features even if you play on their mobile websites.
Bet365 has the best PayPal betting app, which we highly recommend to both new and experienced bettors. You can download it on Android or iOS devices and enjoy the full range of bet365 odds and markets. They even offer an option to watch live sports directly on the app, which is something only a handful of operators have available.
Unibet also has an excellent betting app with PayPal available. It has an excellent design, so it’s really easy to find anything you need. The selection of sports and races is also excellent, especially if you like to bet on sports like NRL, AFL, cricket or basketball.
The great thing about PayPal is that it’s very mobile-friendly. They also have a native app, which works like a dream. It makes it very easy to top up your PayPal account or withdraw some money to your private account, even if you only have a smartphone at your disposal.
PayPal Advantages and Disadvantages
PayPal is one of the most popular payment methods among Aussie punters. It’s very convenient and easy to use, but it also has a few downsides. We examine both pros and cons of online betting with PayPal, so you can make an informed decision about whether this payment method is the right choice for you.
The most significant advantage of online betting with PayPal is the quickness and ease of use. All deposits are instant, and withdrawals take under 24 hours, which is less than any other payment method available. Also, note that PayPal is one of the most secure banking options. They are a very reliable brand with a long tradition of excellence and all the latest safety features.
Another important thing is that PayPal payments towards betting sites won’t show on your bank statement. This is important because banks don’t look kindly at gambling transactions, so you may have difficulties getting a loan in the future. However, this won’t be a problem if you bet with PayPal.
Withdraw money under 24 hours
Best security system in the business
Very reliable brand
Excellent for mobile betting
Betting transactions won't show up on your bank statement
PayPal is super easy to use
Available only at legal betting sites
Not all online bookmakers accept PayPal
High credit card funding charges
The biggest downside of betting with PayPal in Australia is that it’s still available only at a handful of betting sites. Luckily, those are some of the best bookmakers around, like bet365 and Unibet.
Also, remember that PayPal charges high fees for funding your account with credit cards. That’s why we suggest using a bank transfer to top up your account to avoid extra charges.
How to Pick the Best PayPal Betting Site
We consider several important factors when picking bookmakers with PayPal for our top lists. Here are a few things to look for when trying to decide whether the bookmaker is the right fit for you. If an operator ticks most of these boxes, you can be sure that they will be a good pick.
Nothing is more important than valid gambling licenses. Regulated betting sites with Paypal are the only ones that guarantee your safety. If you have any problems, you can always contact the regulatory agency, which isn’t an option when betting at offshore bookies.
PayPal betting fees and limits
Betting sites that take PayPal usually don’t impose any additional fees, but it’s still worth checking. You don’t have to worry about that if you pick any of the sites from our list since non of them imposes extra fees. It’s also important to have flexible deposit and withdrawal limits. Palmerbet has the lowest deposit limit at just $10.
Sports and racing selection
We always check both sports coverage and the selection of markets when picking out top PayPal sports betting sites. The same goes for horse racing betting, but luckily PayPal bookmakers in Australia are all very well-equipped, so you probably won’t have any complaints.
Punters who prefer to bet on the go will love betting with PayPal. This payment option also offers an excellent betting app, so you can finish everything on mobile. That’s why we also consider bookmakers’ apps and how user-friendly they are.
Live streaming and betting
Live streaming is an advanced feature available only at top betting sites. Luckily, two excellent PayPal betting sites in Australia offer this. Both bet365 and Unibet have an excellent live platform that will please even the most experienced bettors.
Keep in mind that some factors are more important than others. For example, having a betting license is by far the most important thing. Even if a betting site has everything else, strongly recommend avoiding unlicensed bookies.
PayPal Deposits and Withdrawals
One of the best things about betting via PayPal is that it supports both bookie deposits and withdrawals.
This banking method is also super fast. PayPal offers instant deposits and withdrawals within 24 hours, which is a lot faster than most other methods. On top of all that, this e-wallet also supports Australian dollars, so you won’t have to worry about exchange fees.
In case you’re not sure how to request a withdrawal at PayPal sports betting sites
PayPal is not accepted as a withdrawal method by Palmerbet.
The popular Aussie bookie does allow deposits via this payment method but requires alternative withdrawal options.
Deposit and Withdrawal Info
Average deposit time
How to Deposit at PayPal Betting Sites
Depositing with betting sites with PayPal is quick and easy. If you have already toped up your PayPal account, you’re just a few clicks away from placing real money betting deposit.
We’re going to explain how to deposit at betting sites that take PayPal in great detail, so scroll down and take a look at our step-by-step guide.
Pick a PayPal betting site
Choose one of the betting sites that take PayPal from our top list.
Go to the cashier. The button is usually located in the upper right corner.
Pick PayPal from the list of available payment options.
Enter the amount
Enter the amount your want to deposit. Make sure it’s a sum you feel comfortable spending.
Login to PayPal
Log in to your PayPal account when prompted to do so by entering your email address and password.
Confirm the transaction
Confirm the payment by clicking the button at the bottom of the screen.
The money will be in your account almost instantly, so you can start betting right away.
PayPal Deposit Limits
The minimum amount that online betting sites will allow you to deposit with PayPal varies depending on the bookie you are with.
Each one will set the amount it takes for you to get started. It could be a big part of the reason you pick one PayPal sports betting site over another.
Minimum Deposit Limit with PayPal
Another big benefit of betting accounts that use PayPal is that the top choices will allow you to withdraw with this banking method as well as make deposits.
You won’t have to go through depositing with one method and then cashing out with another if you choose bet365 or Unibet. However, do note that PayPal withdrawals aren’t possible with Palmerbet.
As it stands, bet365 and Unibet are the only two top Aussie bookies that also offer sports betting with PayPal withdrawal.
How to Withdrawal from PayPal Sports Betting Sites
Visit the cashier by clicking the button in the upper right corner
Select PayPal as your withdrawal method
Enter the amount you wich to withdrawl
Confirm the transaction
Money will be on your PayPal account within 24 hours
PayPal Betting Fees
Depositing at PayPal betting sites is free of charge. Moreover, the online bookmaker will not charge you any fees either. You can double-check this fact by going to the banking information section at the respective online bookmaker. Most, if not all, legit betting sites have this information displayed. Both deposits and withdrawals via PayPal are free of charge, as far as the bookmaker is concerned.
However, PayPal will charge you for transferring the money to and from your personal account from them. That’s why we recommend funding PayPal via bank transfer to avoid credit card fees. However, it’s not that expensive to withdraw money from your PayPal account. They usually charge up to 3% and a fixed fee of around $0.30, so it’s safe to say that PayPal is a very cost-efficient payment method.
PayPal fees explained
3% when withdrawing money from a PayPal account
Additional $0.30 fixed fee
For example, if you withdraw $100 from your account, it will cost you $3 plus an additional $0.30, meaning that you’ll bring home $96.70.
Sports and Racing Selection
PayPal deposits are only available at the best Australian betting sites, so you won’t have to worry about the selection of sports and racing events.
Bet365 and Unibet are well known as the best-equipped bookmakers in Australia and are among the world’s top betting operators. They cover dozens of sports and hundreds of racing events, so even the pickiest punters will be able to find something that suits their needs. Choosing to deposit at betting accounts that use PayPal won’t impact the sports or features you have available to you.
Live Betting with PayPal Betting Sites
Some of our featured sportsbooks that take PayPal are also offering excellent live betting options. You can place in-play bets and assess ever-changing odds.
Picking a top live betting site in Australia that also accepts PayPal means you get the best of both worlds. Picking a site with your chosen payment method shouldn’t mean you miss out on excellent additional features.
However, they’re not all the same. Take a look at a brief comparison of the best PayPal betting sites in Australia that offer live streaming and betting to see which one suits you the best.
One of the best things about sports betting with Paypal is that this payment method offers remarkable safety features. PayPal is a world-renowned company with millions of customers, so you can be 100% sure that they know what they’re doing. Your money and personal details are as safe as possible, meaning that you can just relax and bet without worrying.
Another great thing is that betting sites that accept PayPal are also very reliable. As we already mentioned, this payment method is available only at the best betting sites, like Unibet and bet365. They are huge companies with spotless track records, so there is nothing you should be concerned about security-wise.
How to Recognise a Trustworthy PayPal Sports Betting Site
Licence from one of Australia’s local governments
Seal of approval from third-party regulators like EGBA or eCOGRA
PayPal Betting Site Customer Support
It’s super important to have access to reliable customer support whenever you bet online. The things you should be looking for are live chat and 24/7 support. Another important thing is how fast will agents answer your questions. The best betting sites that use PayPal usually respond within 5 minutes, which is excellent. Alternatively, you can give them a call or send an email. However, keep in mind that it usually takes them around 24 hours to answer an email.
PayPal Alternatives in Australia
When it comes to PayPal alternatives in Australia, there are some decent choices. PayPal’s direct competitor in Australiais POLi. Available exclusively to Aussies, POLi enables you to make deposits only.
In spite of this downside, POLi is still a worthy replacement for PayPal, mainly because the fees are considerably lower. You’ll still have to withdraw via bank transfer, but they charge only a small fee compared to other payment solutions.
BPAY and FlexePIN are also Australian payment methods, however, they work differently from PayPal and also can’t be used for withdrawals. If you want to bet with an e-wallet, PayPal is by far the best choice. Discover more below.
PayPal is the US online payment company founded in 1998 by now famous Elon Musk and several of his colleagues. This e-wallet grew extremely popular with the rise of the internet and quickly became one of the world’s favourite online payment providers.
They quickly signed for an IPO and went public in 2002 as one of the first billion-dollar tech companies. eBay bought PayPal the same year, however, they went separate ways in 2015. Since then, PayPal has grown to become one of the favourite methods for any online payments, including betting. It’s safe to say that you’ll see much more bookmakers accepting this e-wallet in the future.
We reassure you that sports betting with PayPal is entirely legal at Australian bookmakers. This e-wallet is a legit payment provider with its premises in Australia. On top of this, it’s recognised by authorities as a licensed, authorised payment provider. That’s why many of the most prominent bookmakers in Australia have it listed on their sites.
Using PayPal betting sites means wagering online is fast, safe and simple, so it’s no wonder Aussie punters like this payment method so much. However, it comes with a few minor downsides, such as modest fees for transferring money back to your bank account. But when we consider everything PayPal brings to the table, it’s clear that there are many more positives than negatives.
We have highlighted the best PayPal betting sites on this page so you know the best places to bet with this payment method. In general, they have to be authorised by the Australian authorities and follow strict rules. No Aussie license means no PayPal.
How do I bet online with PayPal?
First and foremost, you need to have PayPal. Open a PayPal account in Australia, and then find a betting site that accepts PayPal. Open a betting account, make a PayPal deposit, and you can place your first real money bet. Check out our article above for more details on how to start using PayPal for online betting.
What is the minimum amount I can deposit with PayPal betting sites?
The minimum amount you can deposit with PayPal at betting sites will vary on the bookie you choose. With some it is as low as $10 as PayPal supports both microtransactions and heftier ones that go much higher. However, if you are going to send large amounts of money, the transaction will have to be verified, by providing additional documents.
Can I deposit money from PayPal to bet365?
Yes, you can deposit with PayPal at bet365. All you need to do is visit their website, create an account, visit the cashier and choose PayPal as a preferred banking option. Bet365 is not just a fantastic PayPal betting site, it’s also one of the best bookmakers overall.
How high are the PayPal withdrawal fees?
Withdrawing from PayPal to a bank account in Australia is free of charge. However, PayPal charges credit card funding transactions, which is usually up to 3%. If you fund your PayPal account via a bank transfer, it’s also free of charge. See the article above for more details on PayPal deposit and withdrawal fees.
What are the PayPal alternatives in Australia?
If you want to use a different service instead of PayPal Australia to fund your betting account, then you should consider a number of PayPal alternatives. These include BPAY and POLi.