Betting Sites With Instant Withdrawal Uk

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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.

Paypal betting sites & sports betting apps

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

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  2. Slowest withdrawal methods. In terms of payment methods, the cheque is commonly known as the slowest withdrawal option. Those wanting an instant withdrawal option should avoid this, as it can take a few weeks for a cheque to arrive, and an additional 7-10 working days on average for deposited cheques to appear as funds in your bank account.

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PayPal betting FAQ

Can I use PayPal on betting sites?

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.

Can you buy Bitcoin with PayPal?

No. PayPal does not allow users to purchase Bitcoin or other cryptocurrencies at this time.

Are there fees associated with using PayPal at online betting sites?

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.

Can you deposit using PayPal if you don’t have a PayPal 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.

Can you use a family member or friends account to deposit via PayPal?

No. A PayPal account used to deposit at a betting site must belong to the account holder.

Why don’t I see PayPal as a withdrawal method?

PayPal will appear as a withdrawal option once a successful deposit using the method is made.

How do I withdraw from PayPal?

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.

Are there any online casinos that accept PayPal?

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.

Is PayPal a safe way to deposit at betting sites?

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.

What are the advantages and disadvantages of using PayPal?

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.

What countries are allowed to use PayPal?

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.

Why can’t US players deposit at a betting site using PayPal?

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.

Didn’t PayPal once process payments for offshore 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.

Why do DraftKings and FanDuel accept PayPal?

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.

Can you use PayPal on bet365?

Yes. Many countries that host bet365 allow players to make deposits and withdrawals with PayPal

Can you use PayPal on 888?

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.

Does betway accept PayPal?

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.

History of PayPal in online betting

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.

eBay purchases PayPal

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.

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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 returns to online betting

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. 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.

PayPal enters daily fantasy payment processing

Betting Sites With Instant Withdrawal Uk

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.

New Jersey, the next step for PayPal

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.

In order to best serve their customers online bookmakers now offer a wide range of different alternatives for depositing and withdrawing funds.

What matters most to punters is depositing quickly and withdrawing instantly or on the same day they request it.

On this page we’re going to focus on highlighting the best and quickest payment options for punters, explain the pro’s and con’s of certain methods and even show you how to deposit and withdraw.

Quickest Deposit & Withdrawal Options

By far the most widely accepted e-wallet style, PayPal is almost universally available for deposits & withdrawals. Deposits are accepted instantly and withdrawals are usually processed within 2 hours.

Deposits: instant

Withdrawal: 0-2 hours

See:PayPal Accepting Bookmakers

Accepted at fewer sites than PayPal, Neteller is another e-wallet service which is still widely available. Again it’s very quick with deposits being processed instantly and withdrawals in 1-3 hours.

Deposits: instant

Withdrawal: 1-3 hours

See:Neteller Accepting Bookmakers

Skrill is another e-wallet alternative widely accepted by online bookies. Deposits & withdrawals are again very quick with deposits instant and withdrawals taking between 1 and 3 hours to reach you.

Deposits: instant

Withdrawal: 1-3 hours

See:Skrill Accepting Bookmakers

Entropay is a prepaid virtual Visa card. Funds can be pre-loaded the card and then spent. Deposits are quick and easy. Withdrawing money is faster than a regular credit/debit card at within 24 hours.

Deposits: instant

Withdrawal: 0-24 hours

See:Entropay Accepting Bookmakers

A payment method offered by all online bookmakers, depositing via debit card works in exactly the same way as making any online purchase. Deposits are quick and withdrawals don’t take too long.

Deposits: instant

Withdrawal: 1-5 days

See:Debit Card Bookmakers

All bookmakers accepting UK customers also accept a brank transfer. It’s the same as any other online banking transfer but you use the bookmakers details to send them money to.

Deposits: 2-10 days

Withdrawal: 2-10 days

See:Bank Transfer Bookmakers

Probably the newest of all available payment methods, a small handful of major bookmakers now let you deposit funds via Apple Pay on your mobile. Currently you must withdraw using bank transfer.

Betting Sites With Instant Withdrawal Uk Golf

Deposits: instant

Withdrawal: must use bank transfer

See:Apple Pay Bookmakers

Paysafecard is a prepaid card payment alternative, which is accepted by all online betting sites. Vouchers can be purchased online or in person and used to deposit, withdrawals aren’t possible.

Deposits: instant

Withdrawal: must use bank transfer

See:Paysafecard Bookmakers

Pingit is an app which links your mobile number with your bank account so you can pay for things using your phone. Withdrawals must be done via bank transfer, but this could change in the future.

Deposits: instant

Withdrawal: must use bank transfer

Trustly is accepted at a range of different sites but only for depositing funds – you can withdraw using a bank transfer or any method previously used on your account.

Deposits: Instant

Withdrawal: 1-5 days

See:Trustly Bookmakers

Klarna is only available at a small selection of betting sites (pay later is not allowed) and you can only deposit meaning you’ll need to withdraw via a bank transfer only.

Deposits: Instant

Withdrawal: 1-5 days

See:Klarna Bookmakers

Not sure why you’d bother but some online bookies accept cheques. They are slow to process and minimum deposit amounts are usually quite high to make it worthwhile for sites to accept.

Deposits: 2-28 days

Withdrawal: 2-28 days

Which Option Should You Choose?

As the above has demonstrated, there are a wide range of different payment options available to punters. Most, however, will either manage their betting funds via bank transfers or card payments or via an e-wallet service. Let’s take a look, then, at the main pros and cons of those two most popular deposit and withdrawal alternatives.

Bank Transfers & Card Payments

  • Bank transfers and card payments are the most widely accepted payment methods. They are available at almost every online betting site.
  • The process of depositing and withdrawing funds is quick and easy. It will only take a couple of minutes at any online bookmaker or app.
  • Deposits made via bank transfer or through a card payment are instant, with funds appearing in your betting account immediately.
  • Both banks and card issuers apply a high level of security to transactions, making betting account deposits and withdrawals via these very secure.
  • When depositing or withdrawing via bank transfer or card, the name of the betting site you use will appear on your bank statement or credit card bill.
  • Withdrawing money by these methods – especially in the case of credit cards – can take anywhere between one and seven working days.
  • If your debit card details are in any way compromised or stolen all funds within your current account are put at risk.
  • A small number of betting sites do still apply a fee to the use of credit cards for deposits and/or withdrawals.

E-wallets

  • Using an e-wallet to fund an online betting account ensures that you never have to trust your card or bank details to a betting site.
  • No bookmaker or gambling site name will appear on your bank statement or any paperwork related to a credit, debit card or bank account.
  • Processing times are amongst the shortest around and withdrawals are the quickest you’ll get.
  • Every online bookmaker and betting site accept at least two or three different E-wallets as payment methods.

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  • Using certain E-wallet services, such as Skrill or Neteller, to fund your betting account can lead to you being excluded from promotions and bonuses.
  • Some kind of fees are applied to E-wallet transactions, either by the E-wallet service itself or by the online bookmaker.

How To Deposit & Withdraw

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Bank Transfer or Card

Deposits:

  1. Log into your betting account & select ‘My Account’.
  2. Select ‘Deposit’ option from the account menu and then select your desired payment method (in this case bank transfer or your card option)
  3. For bank transfers the account details required for you to transfer to will be displayed. Head to online banking using these details and send your deposit over.
  4. For card payments, you will then be asked to enter your card details (card number, CVV code etc.) and the amount you wish to deposit. Confirm your deposit and enter any further security details required (verified by Visa, SecureCode etc.).
  5. Deposits made with card are instant, bank transfers take 1-3 working days.

Withdrawals:

  1. Log into your account and find the ‘My Account’ menu.
  2. Select ‘Withdraw’ and choose your method (I.e. either ‘Bank Transfer’, ‘Credit Card’ or ‘Debit Card’.
  3. Enter either your bank account or card details for the withdrawal, as well as the amount you wish to withdraw. Some sites remember details making this process even quicker.
  4. Click or tap ‘Confirm’, ‘Withdraw’ or similar. Your withdrawal will have been actioned. Card payments take 1-2 days, bank transfers 1-10 working days.

E-Wallets

Whilst exactly which E-wallet you use introduces an extra factor into the equation, the process of depositing and withdrawing to any betting site by E-wallet is still pretty similar across the board.

Deposits:

  1. Log into your bookmaker account, select ‘My Account’ menu.
  2. Select ‘Deposit’ then select the name of your chosen E-wallet.
  3. Enter you deposit amount and then select ‘Make Deposit’, ‘Deposit’, ‘Confirm’ etc.
  4. You will be redirected to the website of your chosen E-wallet, where you will need to log in to your account in to confirm transaction.
  5. Your chosen deposit amount will then immediately become available in your betting account.

Withdrawals:

  1. Log into your bookies account, select the main ‘Account’ menu.
  2. Select ‘Withdraw’ and then choose the name of your chosen E-wallet. Some betting sites won’t require this step, if you deposited through an E-wallet they will automatically action all withdrawals to the same method.
  3. Enter the amount you wish to withdraw into box provided and then confirm the transaction.
  4. Your withdrawn funds should then appear in your E-wallet within 24 hours.

FAQ

It feels scammy but it’s the case at all online bookmakers. It’s partly because when processing a withdrawal bookmakers have to perform various know your customer and anti money laundering checks and it’s partly because they want to give you a chance to reverse it and spend more money with them.
Why are Some deposit methods excluded from promotions?
Many bookmakers exclude customers who deposit to their betting accounts via E-wallet services such as Skrill and Neteller from taking part in their promotions. The reason for this is that in the past those particular payment methods have been utilised frequently to defraud such promotions and bonuses. The percentage of abuse is so high from ewallet customers that this policy is now widespread.

Betting Sites With Instant Withdrawal Uk Today

This varies from bookmaker to bookmaker but usually a bank transfer allows you the biggest limit and that limit is in the range of £100,0000-£250,000.
This ranges from between £5 and £10 depending on the bookmaker and method chosen. We’re yet to see anyone accepting smaller deposits than £5.
Online bookmakers who also operate betting shops on the high street are increasingly introducing ways by which their customers can deposit to and withdraw from their online accounts in cash, in store. Coral, Ladbrokes, William Hill and Betfred all offer this service.
Will I get charged fee’s for depositing or withdrawing?
99.9% of the time the answer to this question is no, Betfair charge a small fee for PayPal deposit but they are the only bookmaker who do this, all others make all methods free. If using an ewallet your wallet provider will likely charge fee’s at some point in the process.