PayPal Betting Sites in India

How Does Paytm Work?

PayPal is essentially an intermediary. That means that you’re making your payments from your bank account to the merchant by using PayPal as the middleman. Now while the merchant isn’t going to see your bank details, you’ll still have to add it to your PayPal account.

The transactions are processed through PayPal instead of your bank account. You can fund your PayPal account directly from your bank account using your card. And the funds will remain in your account until you want to make a payment.

Depending on where you’re sending the money, transfers might take a couple of days. But for a transfer fee of around 1%, it can be sent in a matter of minutes.

If you’re planning on funding your sports betting account using PayPal, a personal account should be enough. A personal account allows you to make e-commerce transfers.

You should be able to make payments using the PayPal betting app or the PayPal website. You’ll need to provide a few personal details during your account creation. This includes your name, National ID or Passport number, bank account number, bank routing number, debit/ credit card data, and some more.

PayPal in Betting Sites

If you’re familiar with online betting sites, you’ll already know about the different payment options. PayPal, on a betting site, is basically an e-wallet. That means it is very similar to Skrill and Neteller.

PayPal is a particularly good option for punters in India. That’s because there are a lot of international sportsbooks operating in the region. And that means punters need a payment method that the sportsbook accepts and one that is also available locally.

And since PayPal is already widely used in India, many international sportsbooks offer it in the jurisdiction. It also opened up a path for new punters emerging who previously didn’t have a good method to fund their accounts.

How to Sign Up for PayPal

To be able to use PayPal for transactions, you’ll need to create your own account first. The process is simple enough. And if you’re used to the sign up process at a sportsbook, it might seem really similar to you.

You can sign up for PayPal either on the website or by downloading the app. We’ll be giving you registration instructions for both methods:

1. Go to paypal.com or download the app. It should be available on both the App Store and the Google Play Store.
2. Next, click on the blue “Sign up” button.
3. You’ll likely only need a personal account for funding your sportsbook account. Click on “personal” and you will be directed to the next page.
4. On this page, you’ll have to enter your phone number. You’ll receive a security text to the number and you need to enter it on the relevant field when signing up.
5. Next, you’ll be taken to the registration form where you’ll have to enter your name as it is on your ID. You also have to enter your email and create a unique password.
6. Afterwards, you need to enter your mailing address and agree to the Terms and Conditions and the privacy policy.

These are the steps to create your account. Before you fund it, you need to set up a payment method.

How to Fund a PayPal Account?

Before you can send money to your sportsbook account, you’ll need to hand some funds to your PayPal account first. You’ll need to set up a payment system first. You can use your debit or credit card for it.

We’ll list the steps on how you can do so in this section:

1. First, login to your PayPal account on the app or the website. You can do so using the password you created when signing up.
2. Go to the “Money Transfer” that you can find under your balance on the home page.
3. Next, click on the option to “Add money to your balance.”
4. Enter the amount you wish to transfer and click on the “Add” button.
5. Next, you’ll be redirected to a new page. There, click “Add $ (XXX Amount)” to complete the transfer.

The funds will be deposited to your PayPal account from your bank account. The transfers usually take 3 to 5 business days to be processed.

How to Deposit at PayPal Cricket Betting Sites?

To bet with PayPal, you need to first fund your betting account. Later, we’re going to tell you about some of the best PayPal accepted websites active for betting in India. But in this section, let’s see how you can use the payment method to make deposits.

To make a deposit to your betting account, just follow these steps:

1. First login to the sports betting site or create an account. Afterwards, go to the “Payments” section. It should be easy enough to find, usually at the top of the page.
2. From there, select PayPal as the payment method. You need to set up your PayPal number and you might have to authenticate it with a one-time password.
3. After you’ve set up the payment method, click on the PayPal icon and enter the amount you want to deposit.
4. Once you confirm, the funds will be transferred to your account. The process may vary from these steps, but the prompts should tell you what to do in that case.

How to Withdraw from Winnings of Sports Bet with PayPal?

Well, if you’re betting on an online sportsbook, you’re probably hoping to win, right? And if you do end up winning, you may want to withdraw those profits. You should be able to transfer them straight to your PayPal account.

To cash out on your winnings using your PayPal account, all you need to do is the following:

1. Login to your sports betting account and go to your profile. From the deposits section, you should be able to click on “Withdrawals.”
2. In the “Withdrawals” tab, enter the amount you want to withdraw. The sportsbook will likely have a minimum and maximum amount and you need to select a sum in between that.
3. Afterwards, select your PayPal account to receive the funds. The payment method needs to be authenticated beforehand for the withdrawal to go through.
4. If your account isn’t already verified, you should verify it before completing the withdrawal. If it’s not verified, the funds will likely not be transferred.
5. Confirm the payment using the PayPal betting apps and the funds will reflect within the time requested by the sportsbook.