Using Betway PayPal to bet on Betway sports

Good news for all sports betting friends: you can use Elon Musk’s fast and secure eWallet for your deposits and withdrawals in Betway! We’ll show you how the payments work and have put together everything you need to know for your sports bets. Also, we will answer this question: Does Betway Accept PayPal?Using Betway PayPal to bet on Betway sports

Using Betway PayPal to bet on Betway sports

Let’s now talk specifically about PayPal sports betting payments in Betway. How does the deposit work? What requirements must be met? What are the limits and fees? We will answer all of these questions in the next sections.Using Betway PayPal to bet on Betway sports

If you have already completed the PayPal account opening, the PayPal deposit can be made to the betting provider. This is exactly where the clear advantages of PayPal become visible. Your sensitive account and credit card information remain locked. They are not transmitted to the betting companies.Using Betway PayPal to bet on Betway sports

The transfers at PayPal are assigned based on the email address. The speed also speaks in favour of PayPal deposits at the bookmaker. Bookings are made in real-time. Anyone who asks Does Betway Accept PayPal? Can rest assured that his money is available for betting within a few seconds.

Using Betway PayPal to bet on Betway sports

PayPal Betway now all work free of charge. You don’t have to pay any fees when depositing at the bookmaker’s cash desk.

PayPal can only be used with the sports betting provider up to a maximum of 1,000 euros per month. In the past, the maximum deposit limit was usually 7,500 euros per transaction. You can usually deposit a minimum of 10 euros with PayPal. There are a few PayPal betting providers that work with 15 euros or 20 euros as a minimum amount.

Using Betway PayPal to bet on Betway sports

Below we have put together another small, simple step-by-step guide for your PayPal sports betting deposit. The handling is virtually identical for all betting providers with PayPal.

Using Betway PayPal to bet on Betway sports

Open the Betway’s checkout area and select PayPal as your payment method. You then determine the desired deposit amount and enter your email address.

Using Betway PayPal to bet on Betway sports

After you have been redirected to the PayPal page, log in there and confirm the transaction. Your deposit goes directly to the betting account.

Using Betway PayPal to bet on Betway sports

As a rule, you are entitled to a new customer bonus with your first deposit. With the additional bonus money, you can place your first tips straight away.

Using Betway PayPal to bet on Betway sports

Anyone who wants to make a PayPal payment via smartphone or tablet can of course do so. You don’t have to download the PayPal app in advance. The process is no different from the desktop version. You follow the identical steps. During the deposit, you will be redirected to the financial service provider’s mobile website to confirm the deposit. PayPal’s optimized homepage can be opened with any newer smartphone or tablet.

Like the majority of betting providers with PayPal, Betway offers so-called web apps. The betting provider pages are responsive and browser-supported. You can of course download native sports betting apps for Android or iOS, but you don’t necessarily have to do so. The PayPal deposit works either way.

Using Betway PayPal to bet on Betway sports

Let’s come to the betting provider PayPal payout. The withdrawal of winnings is slightly different from the deposit. While you make the deposit entirely yourself, in practice the withdrawal is simply requested. The money is always released by Betway.

Using Betway PayPal to bet on Betway sports

PayPal withdrawals are only possible if you have used the e-wallet for at least one deposit in advance. So, for example, you can’t make all of your deposits with a credit card and then request a PayPal withdrawal. You should also know that the email addresses stored at the bookmaker and the financial service provider must be identical. The PayPal account must be in your name. Payouts for the benefit of third parties are generally prohibited by the betting provider.

It is also important that the legitimacy check has been carried out in advance. Money can only be withdrawn from verified accounts at Betway.

Using Betway PayPal to bet on Betway sports

You can pay out to the betting provider using PayPal as follows:

Log in to the bookmaker. Then go to the cash register in the lobby and go to “Payout”.
Enter your desired amount and your email address if it is not already displayed automatically.
Submit the withdrawal request.

Using Betway PayPal to bet on Betway sports

The decisive factor for the quality of the betting provider is how quickly your withdrawal request is responded to. We have found that sports betting providers now pay out very quickly. Numerous internal test processes have been automated. With the best PayPal betting providers, you can expect processing within a few hours. Once the bookmaker has released the money, it will be credited to your PayPal account at the same time.

If the betting winnings are booked with PayPal, you can a) leave this amount or b) of course transfer it to your bank account. This is exactly where we see a small disadvantage in the PayPal sports betting test. The financial service provider grants itself a maximum payout period of seven days in its terms and conditions.

In practice, the funds will be available in your own bank account within two to four working days. But this isn’t really fast either. It’s a shame that PayPal doesn’t have a connected Mastercard that gives you direct access to your credit. Other e-wallet providers, such as Skrill and Neteller, are much better and more customer-friendly in this regard.

Using Betway PayPal to bet on Betway sports

The PayPal sports betting bonus is a well-known buzzword that is used again and again by numerous betting fans. We would like to provide a bit of clarity here. There is currently no betting bonus that is limited exclusively to PayPal.

On the other hand, it can be said that PayPal is always one of the bonus-relevant payment methods for sports betting providers. Anyone who completes their deposit with PayPal will receive their sports betting bonus if desired. In practice, however, other e-wallets are often excluded from the bonus programs. With PayPal, you are always on the safe side.

The majority of betting providers reward your first deposit with a welcome bonus. You complete your deposit and receive your sports betting bonus on top. Financially and in terms of percentage, the PayPal bonus offers vary somewhat. The standard is a 100% bonus up to 100 euros, i.e. your deposit will be doubled up to a maximum of 100 euros.

Using Betway PayPal to bet on Betway sports

You shouldn’t judge the quality of the sports betting bonus based on the financial situation. Whether you receive 100% up to 100 euros or up to 200 euros or 200% up to 50 euros or 50% up to 100 euros has an impact on the attractiveness of the promotional offer, but is not decisive. The bonus conditions are more important. Only if the bonus is tied to fair wagering requirements can it really be seen as attractive. Always answer the following questions before activating the bonus:

How many times do I have to wager the betting bonus or the entire starting capital?
What is the minimum quota for the rollover? Does the betting odds rule only apply to solo tips or also to combination bets?
How long do the wagering requirements have to be met?
Are there betting limits and/or excluded sports or betting markets during the free spins phase?

Using Betway PayPal to bet on Betway sports

The betting offer must of course correspond to your expectations. Betway has well over 20 disciplines to choose from on average per day. At the top of the sports spectrum, the mainstream disciplines must be football betting, tennis, ice hockey and basketball. Handball bets, motorsports, volleyball, American football bets and rugby bets are just as important. The bookmakers then bring the necessary variety to the screen with some fringe sports.

At the same time, you should look at the depth of the betting options. How many and which betting markets are called per game? Also, relevant are the live bets, which in the best case can be seen as a mirror image of the pre-match offers. Some providers go even further with free live streams. PayPal betting also means that the bookmaker has helpful betting functions. We are primarily thinking about the cashout and the bet builder.

Using Betway PayPal to bet on Betway sports

Immediate crediting of the deposit amounts to the betting account
No fees for PayPal deposits
E-wallet can be used for withdrawals
Very secure payment method, sensitive data is not transmitted
PayPal is considered a relevant bonus for all sports betting providers
Mobile deposits are possible via smartphone
PayPal only works with licensed bookmakers

Using Betway PayPal to bet on Betway sports

Internal fees for using the PayPal account
The payout from the PayPal account to the bank is quite slow
No credit card connection for credit availability
PayPal account opening and activation require preliminary work

Using Betway PayPal to bet on Betway sports

PayPal undoubtedly plays a special role in the online betting scene. However, it is true that not everyone has a PayPal account or wants to get one. It is therefore relevant for betting providers to offer additional, secure, fast and free payment methods. Here are the PayPal alternatives available at Betway:

Skrill
Neteller
Immediately
Paysafecard
MuchBetter
Visas
Mastercard

The e-wallets from Skrill, and Neteller and the mobile e-wallet from MuchBetter can be seen as direct opponents of PayPal. The prepaid methods are no longer supported due to gambling laws. The only exception is the Paysafecard. You can continue to use the prepaid codes for deposits as long as you have deposited them in your paysafecard account in advance.

Using Betway PayPal to bet on Betway sports

PayPal	Relevant information about the online payment service
🏢Company name	PayPal Holdings Inc.
📍Registered office	San Jose, California
💻Website	www.paypal.com
📅Founding year	1998
👨‍💼Founder	Elon Musk, Peter Thiel and others
💰Sales volume	$24.6 billion (2021)
📧e-mail	[email protected]

The online payment service experienced its global boom under the umbrella of eBay. PayPal was a subsidiary of a well-known online retailer from 2002 to 2015. PayPal made its name on eBay primarily because of its buyer protection. PayPal Incorporated is now legally back on its own two feet. The company’s shares are traded on the NASDAQ stock exchange. PayPal payments are processed in all known currencies.