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PayPal Betting Sites in Canada

⏲️ Reading time: 5 minutes
When it comes to online payments in Canada, PayPal is one of the prominent payment services you can rely on. Its fast and convenient transaction makes it the top choice not only for everyday use but for sports betting as well.

Want to learn which sites support the best online payment service for betting, PayPal? Keep on reading to learn more about this useful payment option.

List of the Best Betting Sites with PayPal

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
300% match bonus up to 7,380 CAD!
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2
4.8/5
100% first deposit bonus up to 300 CAD
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3
4.5/5
300% welcome package up to 200 CAD
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4
4.8/5
Welcome Bonus up to 270%
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5
4.8/5
225% welcome bonus on the first three deposits
PlayRead review
6
4.5/5
100% Welcome Bonus up to 145 CAD
PlayRead review
7
4.8/5
100% First Deposit Bonus up to C$150
PlayRead review
8
4.5/5
Rareback Bonus Up To 25%
PlayRead review
9
4.8/5
150% Welcome bonus of up to 145 CAD
PlayRead review
10
4.8/5
Welcome package of 150%
PlayRead review

What Will You Find in This Article?

To provide you with a fast and easy way to know everything about this, here’s a list of important points about PayPal.

PayPal Betting Sites

Click on any link to jump to that section:

Why You Have to Use Payment Methods in Online Bookmakers

As soon as you log into your account on any betting site, you are provided with a set of payment options. Bettors have their preferences when it comes to online bookmakers; some opt for credit/debit cards while others prefer online banking. In short, you can’t use your account if you don’t have any linked payment method.

You can only enjoy your time in an online bookmaker if you have a reliable payment method like PayPal. It guarantees the safety of your funds and the transactions you make, whether deposits or withdrawals.

This allows for a more seamless online betting experience since everything you need will operate online.

Is PayPal Safe and Secure for Betting?

One of the world-renowned sportsbook payment methods, PayPal is preferred by many due to its safety and top-of-the-line security measures.

PayPal recognizes the threat of online transactions considering that it has more than 400 million active users around the world. That’s why each transaction uses end-to-end encryption and two-factor authentication to make sure that users’ funds are always protected and away from any kind of online attack.

How to Bet With PayPal

PayPal’s application can now be downloaded on mobile devices to let users like you manage your payments anywhere and anytime. It’s easy and completely free to download on IOS and Android devices which saves you from the hassle of visiting physical banks.

  • 1

    Check our bookmaker list

    The first and most important step in betting with PayPal is to check our bookmaker list to know which sites support it. This is an essential part of the process since it helps you narrow down the choices on where you can use this payment service.

  • 2

    Get used to your bookmaker

    Once you’ve filtered which bookmakers support PayPal, your next task is to become familiar with the website itself. Each bookmaker may vary in their web design and you might get confused the first time you visit your preferred site.

    You can start by being familiar with the site’s interface so you know where to go when you start betting with PayPal. Additionally, you can check out what the site offers from its sports down to its betting options.

  • 3

    Deposit Funds

    You can begin your sports betting experience when you deposit into your account. Make sure to register on the website first and then proceed to link your PayPal account. Keep in mind that PayPal will only let users deposit on sites that are licensed in their resident jurisdictions.

  • 4

    Start Betting

    After completing the previous steps, you can start participating in various sports betting events to your heart’s content. Check out the different leagues and betting options available on the site and place your wagers wisely.

How to Withdraw Money From a Bookmaker to PayPal

Winning your bet is one of the best feelings in the world and fortunately, you can easily withdraw your winnings through PayPal. Check out how you can securely claim your prizes here:

How to Withdraw Funds

Withdrawing your funds is often done on the profile page of your preferred betting site. From there, choose PayPal as your payment method, enter the amount you want to take and click ‘withdraw’.

Canceling Your Withdrawal Request

If you change your mind and want to cancel your withdrawal, check to see if the transaction status is still pending or unclaimed on your PayPal account. Once you find it, click ‘cancel’ and the ‘cancel payment’ button.

Don't Withdraw All Your Funds at Once

You shouldn’t withdraw your funds all at once so you still have some saved if you plan to bet on sporting events. This way, you don’t have to deposit every time you bet on your favourite sports.

How Deposit and Withdrawal limits work

Payment methods such as PayPal come with built-in withdrawal and deposit limits that can help you control the amount of money you put in and take out of your account. This way, you can prevent yourself from losing too much money and at the same time, save the majority of your funds in your bank account.

Pros and Cons of Betting with PayPal

As with other payment options, PayPal comes with various advantages and disadvantages. These are:

Pros:

✔ Security in transacting payments

✔ An established and trusted platform

✔ Data security

Cons: 

✖ Hefy chargeback fees

Read More
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Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
4/5
1 vote
FAQ. Frequently Asked Questions

  • PayPal is mostly free to use unless you’re dealing with currency conversion.

  • If you’re unable to log into your account due to forgotten information, you can head to the official website and click on the ‘forgot password’ button.

  • When it comes to safe betting payment options, PayPal is a reliable option. To guarantee safety and security, PayPal incorporates data encryption and anti-fraud technology with every transaction.

  • Yes, and it’s completely free to download for Android and Apple mobile devices. You can use this app to take all your banking needs anywhere and anytime.

  • PayPal will send you an email after every successful transaction. This message contains the official receipt of the transaction and it’s on top of the email notification that gets sent to the payee as well.

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