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When it comes to online payments in the Philippines, 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, that's why betting sites with Paypal is a great option for you.
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.
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 securitymeasures.
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.
Check our bookmaker list
step 1
The first and most important step in betting with PayPal is to check our bookmaker list to know which sites support sports betting using Paypal. This is an essential part of the process since it helps you narrow down the choices on where you can use this payment service.
Get used to your bookmaker
step 2
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.
Deposit Funds
step 3
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.
Start Betting
step 4
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.
Top 5 PayPal Bookmakers
1xBet Bookmaker #1
1xBet is well established in the sports betting market, having operated since 2007, and it accepts PayPal for both deposits and withdrawals in the Philippines. They have markets on a wide range of sports as well as offering special bets on politics and TV shows. You can also use the casino section of the site once you are registered.
Spinbetter has only been going since 2019, but has quickly grown in popularity across the world and especially in the Philippines. This is due to the large number of sports it can provide odds and markets on its easy-to-use website, and some attractive bonuses. It also supports live streaming and in play betting and has mobile apps on both main platforms.
BK8 offers a safe and trusted sportsbook for its Filipino player base. Founded in 2014, its headquarters are located in Malta. In recent years, they have been able to move into the Philippines with a Curacao eGaming license. They now offer a bespoke welcome bonus for Filipino bettors, and that’s not the only reason to sign up for an account here, as BK8 has a diverse range of sports and markets and a casino section to enjoy.
Fully licensed in Curacao, so able to trade in the Philippines, 888Starz is a bookmaker you can trust with your bankroll. Despite only being in the market since 2020, they have created a site full of promotions that covers all the major sporting events for their punters. Further to this, they also have a full casino section and plenty of ways to bank here. Odds are always good, and they run weekly promotions to help you further boost your bankroll.
With over 400,000 worldwide users, Paripesa is a brand that can be trusted and is well-liked globally. Only founded in 2019, PariPesa Sportsbook has grown to be one of the most respectable bookmakers. They have regular promotions available and loads of sports betting options. Philippine players who like being rewarded for making wagers will love PariPesa as part of their VIP programs for sportsbook and casino..
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
step 1
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
step 2
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:
Pluses
Security in transacting payments
An established and trusted platform
Data security
Minuses
Hefy chargeback fees
PayPal vs Other Payment Methods
E-wallets
Bank Transfers
Cryptocurrency
Payment Method
Deposit Fee
Withdrawal Fee
Processing Speed
None
None
Instant
Free
Fees may apply
1-7 Days
Free
Fees may apply
24 hours
Free
Free
Instant
Varies
Varies
1-2 Days
More about Paypal Company
PayPal was one of the original E-wallet providers for internet users and was formed in the tech bubble in California. The platform was launched in 1998 under the name of Confinity but was bought by eBay in 2002. It spread to Europe soon after with an EU licence, and its coverage in the USA and here has made it one of the most well-known e-wallets globally. Over 434 million PayPal accounts exist across the world, and they reported net income of $4.15 billion in 2024.
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.