The most common way to fund a PayPal account is to link it to a bank account or bank debit card. Approved transfers can be completed in a few days. At that point, withdrawal requests will be processed back into the PayPal account. Winning wagers are credited back into that online account as cash. Once the funds are transferred to the book via PayPal, they are recognized as cash.Īny sports bets placed from that account will draw the funds as cash from the available balance. The legal US sports betting industry has embraced this money transfer service as a primary means for placing real money wagers.īetting on sports with PayPal starts with funding an online account at any participating sportsbook.

Once a PayPal online account has been established, it can be used in a variety of ways. Email notifications confirm every transaction and the PayPal site itself is very easy to navigate. Transfers can be completed in just a few minutes. However, this innovative design makes it easy to use. The advanced technology and sophisticated software behind PayPal may be complex in its design. PayPal has taken the necessary steps to ensure that every online transaction is completed in a safe and secure manner. Online security is a major concern for companies accepting PayPal payments and for consumers making them. Since PayPal is so widely recognized, most companies will offer this money transfer service for payments, purchases and payouts. Anyone can set up an online account to make and accept payments.

PayPal has grown to become one of the easiest and fastest ways to transfer money online. The following three benefits top the list: BENEFIT 1: CONVENIENCE There are numerous benefits to using PayPal as a preferred means for moving funds in and out of an online sportsbook account. They all offer the use of PayPal as a primary online banking option. BETTING SITES THAT ACCEPT PAYPALīelow is a list of popular US-based online sportsbook operators. The top eight participating online sports betting sites are listed below. As far as using PayPal for legal betting on sports, most of the top US-based sportsbook operators offer PayPal as a preferred online banking option. This is also one of the easiest and most trusted ways to make and collect payments. PayPal has become one of the most widely accepted ways to transfer funds online.

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