University of Calgary

Esports Betting With PayPal

PayPal is one of the most popular e-wallets in the world. It is used to pay for goods and services on the Internet, including replenishing accounts in bookmaker’s offices.

The Best PayPal Esports Betting Sites

The best bookmakers with PayPal operate internationally and offer players a high level of service. Funds are instantly transferred to the bookmaker's account. The commission is not charged, but it is present when replenishing the account of the payment system. The ranking includes bookmakers accepting esports betting via PayPal. These operators enable their clients to use this system for deposits and withdrawals.

Bookmaker’s Name

Highlights

Bonus

PayPal Deposit

Bet365

One of the leading brands

Countless markets for betting

Profitable odds

100€ in Bet Credits

-

888Sport

Sleek and simple interface

Countless markets for betting

Profitable odds

40€ For placing a 10€ bet

+

Unibet

Countless markets for betting

Odds boost function

Casino section

100% up to

40€

+

Neo.Bet

Countless markets for betting

Best for European customers

-

+

Betfair

One of the leading brands

Countless markets for betting

Profitable odds

100% up to

100€

+

BetWinner

One of the leading brands

Countless markets for betting

Sleek and simple interface

100% up to

100€

+

What Is PayPal And What It Has To Do With Esports

E-sports betting is a young and promising direction in the bookmaking world. Virtual sports are not only spectacular, there are many factors of its attractiveness, and the main one is the virtual absence of borders. And with real sports, the boundaries are already becoming very blurred, everything that is inherent in traditional sports is also in esports.

This sport is growing faster than others due to large prize funds. It is in great demand among those who want to earn extra money. This betting is accepted in real time. That’s why you need to have a reliable electronic payment system like PayPal.

Choosing A Good Esports Betting Site

The best bookmakers offer good cooperation conditions for esport betting. When choosing a right site, consider the following criteria:

But the main criterion is a suitable payment system. You should search for esports betting sites that offer PayPal as one of the methods.

How To Bet On Esports Using Paypal

To place bets at a bookmaker by replenishing your account using this payment system, you need to register on the company's website. On the official website of the service, you can create two types of accounts: personal and corporate.

The first one is intended for individuals. With its help, you can shop on the network and receive payments on-line (that is, the owner of a personal wallet will be able not only to buy, but also to sell goods). The second is designed to serve the activities of legal entities engaged in commerce on the internet (electronic stores and auctions).

Opening a PayPal Account

Registration on the official PayPal website goes as follows:

  1. To register with PayPal, a potential user first of all needs to select the country of residence and interface language from the drop-down list.
  2. At the next stage, you will need to list: personal data, including address of residence, email, mobile phone number, come up with a password and repeat it twice.
  3. By installing an icon in the corresponding window of the registration form and entering information about your credit card (number, expiration date, etc.), you can decide how to link the card to PayPal for betting esports. This will make it possible to use the money available on it for online purchases through the system.
  4. Confirm the email address.

The whole process is intuitive and requires no payment.

How To Deposit

To replenish the system wallet through bank card, you need:

  1. Go to the bookmaker’s website, log in or register.
  2. Click on «My Account». A cashier page will open in which click on the inscription «Deposit».
  3. Select PayPal from the list that appears by clicking on the image of the payment system. In the advising column, indicate the currency and the amount of the payment.
  4. The system will automatically redirect you to the page for entering payment details. Enter the required details and confirm the payment.

After the transaction on the bookmaker's account, the funds will be displayed within 10-20 minutes.

How To Withdraw

For withdrawal, you can use a bank card:

  1. In the «Account» section, click on «Withdraw funds».
  2. Select the direction of translation.
  3. Write down the amount and confirm the operation.

The withdrawal of money from the esports betting bookmaker to PayPal is carried out by analogy. The only exception is that the bettor does not need to confirm the transaction.

What Can You Bet On

Modern bettors have a unique opportunity to earn money by watching Dota, CS: GO online, League of Legends, World of Tanks, Starcraft 2 and Mortal Combat. The biggest tournaments as Blast Premier, DreamHack, ESL, Raidcall, SLTV Starladder, The International win millions of dollars.

Most bookmakers offer the opportunity to bet on pre-match, live streams, total, handicap and outright.

What Bonuses Do PayPal Esports Betting Sites Offer

Almost all esports betting bookmaker offices with PayPal offer different bonuses. The great part of them is welcome bonuses. These offers are quite generous. For example, Betfair and BetWinner give 100% up to 100€.

The other type of bonus is given by 888 — 40€ for placing a 10€ bet. Sometimes bookmakers give bonuses for transactions with a deposit through PayPal.

What to Watch Out for When Using PayPal

PayPal is a convenient way to pay for purchases and transfer money, but players can face some difficulties when withdrawing their winnings. It is allowed to create multiple PayPal accounts in different currencies.

At the same time, there will be no problems with the conversion. This is especially convenient when playing in several bookmakers with different account currencies.

Potential Limits

PayPal account allows you to manage bankroll, track account balance or record payment history. Before the account has been verified, there are restrictions on sending funds from it — at the level of 650 USD. To remove the limit, the client needs to provide information about the payment card.

Time Frames for Deposits and Withdrawals

Though the speed of money transfers depends on many factors (time zone difference, personality identification, access to using funds, banking system availability) terms are blurred. Cash transactions in the PayPal payment system occur instantly, including to esports betting accounts in a betting sites’ offices.

Are There Any Fees

There is no commission fees for opening an account in the PayPal system and there is no subscription fee, as is the case with bank cards. But there are some nuances. To fund an account at a bookmaker using PayPal, the bettor needs to have a credit bank card. The commission for such a deposit will be 3-4%, depending on the bookmaker.

Safety and Security

This payment system is recognized by many financial experts as the most reliable. In the case of purchase payment, the money will be released to the seller only after confirming the delivery. At the same time, PayPal acts as a guarantor for one and the other side. The payer has 45 days to certify that there is no fraud.

PayPal for Esports Betting: Pros and Cons

There are many benefits of using PayPal when you bet esport, including the following:

But there are some disadvantages:

In general, there are more advantages, and the disadvantages are not so serious. This makes PayPal a worthy deposit method for esports betting.

Alternatives to Esports Betting with PayPal

Tens of millions of people use the system every day, through which hundreds of billions of dollars are spent. Logging into your PayPal account for esports betting will allow you to transfer any amount of money at a bargain price in a matter of seconds, withdraw money from your account and make other necessary transfers. But you should take consider other alternative methods.

Credit And Debit Cards

One of the most frequently used methods of replenishing a gaming account at bookmaker's offices is a transfer from a bank card. Almost all modern bookmakers accept payments of this type — using Visa, MasterCard or Maestro.

Comparing with other payment instruments, bank cards are considered the least convenient option for depositing and withdrawing money at bookmakers. The reason is the duration of the payment, which in some cases can be up to 7 days and the likelihood of blocking the account by the servicing bank.

E-wallets

E-wallet is the easiest way to fund your account. It is very easy to create e-wallets, for this go to the website of Qiwi, Webmoney or Skrill and go through the registration procedure, all methods of replenishment are indicated there. Then link your e-wallet to your bookmaker's account and you are able to make deposits.

Prepaid Cards

Like debit or credit cards, a prepaid card is also a safe payment tool. In some cases, it is even safer to pay by the second one. Especially when it comes to bookmaker deposits. If the details of the card get into the hands of fraudsters, it minimizes the risk of losing all savings.

You can just periodically top up your prepaid card for the required amount like the PayPal wallet for esports betting. However, the prepaid card has a drawback — it is not accepted for payment everywhere.

Cryptocurrencies

Bookmakers accepting bets in bitcoins began to appear with enviable regularity. Advantages of bookmakers accepting cryptocurrency are security of transactions, confidentiality, prompt transactions and minimum commission costs or their complete absence.

At the same time, anonymity can become a big problem: in the event of a disputable situation, without prior identification of the person, it is practically impossible to prove that it was you who replenished the account.

Final Thoughts

The number of esports fans is increasing every day. This is due not only to the growing popularity of online games, but also to the size of the income from bets. Cyber ​​athletes have the opportunity not only to enjoy their favorite game, but also to earn great money. Most bookmakers nowadays offer good and high odds for online money betting.

The best bookmakers that accept esport betting offer deposits using PayPal. It has many advantages that make it a convenient wallet for betting players. The main plus is a high speed. The translation takes place in a few minutes. This is convenient when you need to quickly transfer money from one office to another. The wallet also has a high level of protection. You can configure the login via SMS code. If a customer sent funds to the wrong address, they can return them through support.