It’s no secret that Finnish and English players love to visit online sportsbooks to place wagers on their favourite sports. Online casinos have now become accessible to the general public more than ever before, and this is a big reason why they have become so popular now let us discuss the online casinos that use PayPal.
Apart from how easily accessible they’ve become, online sportsbook are always becoming better by making sure that every type of player from any background can place bets on these games, and how they do this is by allowing players to make transactions with a variety of different banking options, be it cryptocurrencies, credit cards or bank transfers. Recently, another very popular way that casino lovers are funding their accounts is with electronic wallets, one of the top options being PayPal.
With over 400 million users signed up, PayPal is an excellent way to make transactions online without inputting any personal or banking data, making for quick and secure transactions. In this review, we’ll look at why PayPal is such a great banking option and the gambling sites where you can make payments with it.
What is PayPal?
Launched in 1998 in Palo Alto, California, PayPal was created with the idea of providing a secure software for handheld devices. In March 2000, the company partnered with an online banking business and from there, they started focusing on online payments.
Essentially, PayPal is an online payment solution where users can send and receive funds to other members safely and securely. PayPal works by linking it to your preferred credit card or bank account, and through it, you can make transactions at online casinos without having to input your banking credit card details. PayPal essentially works like a middleman between your preferred casinos and your bank of choice.
PayPal is currently available in many different regions, and it’s widely used by many Finnish players who love to play online. Currently, PayPal has 6.4 million users, and this is expected to grow in the following years.
Overview of PayPal Betting in Finland
Like in many other countries, online betting and gambling is on the rise in Finland and the UK, and the number of people joining online casinos to play games with real money is only expected to grow in the following years. It’s interesting to note that statistically Finland– has one of the lowest house edges globally, which encourages players to enjoy their games more as they have better chances at potentially landing wins.
Of course, safety and security are some of the most important features of playing at online casinos, and Finland has enacted strict laws to ensure that these casinos are offering the safest standards to players, so that they can get their hands on their wins, as safely and as quickly as possible. One of the main ways that online casinos keep players safe when playing is by allowing them to make transactions with the safest banking options possible, as this ensures that their data is encrypted, and this is where PayPal comes into play. To read more about this, you can click here.
When playing at licensed and regulated online casinos, you’ll often be able to make transactions with PayPal, as this is one of the safest banking options players can use. Indeed, PayPal is known for its strict security measures, and they even have a 24⁄7 fraud team you can contact in case you notice any unauthorized transaction on your PayPal account. Adding onto this, when making transactions with PayPal, you’ll always have to verify them using touch or face ID, which adds another layer of security to your transactions.
Pros and Cons of Using PayPal for Online Casino Deposits
Here are the main pros and cons of using PayPal at online casinos. It’s a good idea to be aware of these before you make your first transaction with this payment solution, so you’ll know just what to expect:
|✔️ No fees for making deposits||❌ Not as widely available|
|✔️ Deposits appear instantly||❌ Fees might be incurred when sending payments|
|✔️ Swift and easy transactions|
Top 5 PayPal Betting Sites in Finland for 2023
|🏆 Best overall||TonyBet||Great Odds; Compatible on Mobile; Over 25 Sports to Bet on|
|💸 Fastest withdrawals||20Bet||Over 25,000 Monthly Events; Over 30 Sports; 24/7 Customer Service|
|🎰 Best for Live Betting||iBet||96% Payout Percentage; Over 321 Sports Events; Live Betting|
|📱 Best for Sports Markets||Fezbet||Online since 1996; 94.04% payout percentage; Possibility to Make Bets on Less Popular Sports such as Hurling|
|🃏 Best for Bonuses||FastBet||Great Promotions; 318 Daily Events; Over 600 Sports Events|
In-Depth Reviews of Each Top PayPal Betting Site
Let’s have a closer look at what you can expect to find at these top PayPal betting websites:
TonyBet is a casino and sportsbook site that has been around since 2003, and it’s simply one of the best PayPal casinos around. When visiting TonyBet, you can make wagers on over 25 popular sports, such as tennis, soccer, darts, and basketball, amongst many others. Their sportsbook comes with a 97% payout on top football tournaments, and they offer a wide range of alternative bets on almost any top event. TonyBet also provides more than 40,000 monthly pre-match events on over 40 sports.
TonyBet is fully optimized to work on your preferred smartphones and tablets, which means you can place wagers wherever you are. You can expect everything here to work just as smoothly, as when you’re playing on desktop, making for an immersive and fun experience. There’s even an app that you can download if this is what you’re looking for!
Currently, upon making your first deposit, you’ll be awarded 100% up to €120 to place bets plus 120 spins, which we think is pretty impressive! The fun doesn’t stop there, though, as Tonybet is also offering a sports VIP program, betting tournaments, and the opportunity to boost your odds too. Don’t forget to read the T&Cs before signing up.
The last thing we’d like to shed light on about this online casino is that players can make payments with not just PayPal, but various other payment solutions, such as Skrill, Neteller, Visa, and Mastercard. One of the best things about TonyBet is that they also have a 24⁄7 customer service team ready to deal with your queries as quickly as possible. They even offer responsible gambling tools to help you control your time spent there if needed.
Established in 2020, 20Bet is another incredible sportsbook site that has become very popular in the gambling scene thanks to its impressive markets and bonuses. The site is licensed in Curacao and is operated by TechSolutionsGroup, which also runs 22Bet. 20Bet has a 96% plus payout on football’s top leagues, together with more than 40,000 pre-match events available each month. Other than that, it also has many live betting markets in basketball, making the site perfect for any basketball lovers out there.
You’ll be able to place bets on over 30 sports here, including tennis, football, cricket, and soccer, and there are over 200 options, such as Asian handicaps, corners, and cards. For the live betting zone section, you will find over 25,000 monthly events.
Like most top PayPal betting sites UK out there, 20Bet has an app that you can download both in iOS and Android, which allows you to place bets wherever you are. The app works just like a dream and also allows you to make deposits and withdrawals at the site with ease. We were also very happy to find out that the casino has a customer service team that you can contact in case of any problems, and you can do this by clicking on the ‘live chat’ button at the bottom of the page.
Now let’s look at bonuses. Upon making your first deposit, you can claim a 100% deposit bonus for betting up to €120 alongside 120 spins(T&Cs apply). This is a great way to get a head start on the site. Other than that, you can also expect other generous promotions, like reload bonuses.
Owned by Claymore Group, ibet was launched in 2021 and is regulated by one of the strictest licenses, the Malta Gaming Authority. We simply love the ibet site, which makes everything very easy to find, and you can make bets either before the game or live. The payout percentage here is 96%, which is quite decent, and players can make bets on a variety of sports, including football, basketball, boxing, and cycling.
You’ll find over 24 sports games, 321 sports events, 249 live events daily, and 7470 live events monthly at the ibet sportsbook. They even have a cash out service that allows players to close their bets before a game ends, which can help prevent losses. Upon making your first transaction with the site, you’ll trigger their welcome bonus, a 100% match bonus up to €100 plus 25 spins(T&Cs apply). If you deposit €20, you’ll have €40 to make bets with, which is pretty neat!
Since ibet is a new site, you won’t find an app available for their sportsbook page, as their website is fully optimised to work on your favourite devices. Indeed, this is usually the case for newer casinos because their site tends to work smoothly regardless of where you open it from. This means that all you need to do to make bets on mobile is to access the site via your internet browser.
Now let’s look at the customer service team. ibet has a 24⁄7 live chat that you can use to contact a member of their team instantly, which is something we always expect to find at top sites out there. Other than that, they also have a helpful FAQ section that deals with the topics of bonuses, deposits, and accounts.
Another trustworthy and secure casino we’d like to mention in our PayPal betting websites list is FezBet, an incredible sportsbook site that has been around ever since 1996 and is licensed in Curacao, a professional and safe regulator. One of the first things we’d like to mention about this site is that it offers players great bonuses and promotions, including Welcome bonuses, reload bonuses, and cashback offers.
You have many different sports to place bets on here, such as traditional sports betting favourites, like football and tennis, and less popular ones, like Pesapallo and Hurling. Some of the most popular matches you can bet on here include World Cup and English Premier League. Players here can even place bets in real time while a game is ongoing, making for a truly exciting gaming experience. FezBet sportsbook as an overall payout out 94.04%, which we’re quite satisfied with.
You can easily use FezBet on your desktop or via their mobile page. We’d like to point out here that the site doesn’t have a dedicated app you can download, but the reason for this is that their page has been fully optimized to work on the mobile thanks to sophisticated HTML5 technology.
The customer service team at FezBet is available around the clock, so in the case of any problems, you’ll always have someone to reach out to. Their team can be contacted either via live chat, email, telephone, and you can also check out their FAQ section in the case of any generic questions related to bonuses, account, or withdrawals.
The last PayPal casino we’d like to mention here is Fastbet, a great sportsbook and casino site that was launched in 2012. Fastbet is a fantastic platform to place bets on some of the most popular sports around,and they make it very easy to find what you’re looking for on their modern and intuitive site.
You’ll find over 600 sports events, over 34 sport games, and 318 daily live events, which we think is pretty impressive! The sports you can find here include football, tennis, ice hockey, and baseball, and you can place bets on the Champions League, Premier League, and Ligue 1, together with NBA All-Star Weekend and Super Bowl.
There isn’t a mobile app you can download for Fastbet, but they do have a flawless mobile website that you can use while you’re on the go. This is a great way to place bets with ease without having to toggle your laptop with you! Apart from that, the site has a 24⁄7 customer service team that you can contact int he case of any difficulties, although everything is usually working quite smoothly here.
Now let’s look at promotions. When singing up here, the site will double up your deposit up to €200, which is a great way to start your journey with the online casino site. Make sure to read the website’s full T&Cs before joining!
How to Make PayPal Deposits at Betting Sites
PayPal has made it very easy to make transactions at your preferred online casino sites, and normally, a deposit will take around a couple of minutes to complete. Check out our step-by-step guide below to make your first payment with PayPal.
- First, go ahead and sign up or log into your online casino of choice. Remember, if you’re at a loss regarding which site to play at, you can check out our list above.
- Once you’re logged in, head over to the ‘Banking’ section.
- Select the PayPal banking option and fill in the details of your PayPal account.
- Input the amount of money you would like to make. Keep in mind that different casinos have different minimum deposit amounts, and this is usually either $10 or $20.
- Confirm that all your data is correct, and authorize the transaction. Your funds should appear in your account instantly.
How to Make PayPal Withdrawals at Betting Sites
Making a withdrawal with PayPal is just as easy as making a deposit, and we’ve outlined the process below:
- Log in to your chosen casino and head over to the ‘Payments’ section
- Click on the ‘Withdrawal’ button
- Choose PayPal to withdraw your funds. Follow the steps on the screen to log into your PayPal account.
- Input the amount you would like to withdraw.
- Confirm the transaction.
Factors to Consider When Choosing a PayPal Betting Site
Nowadays, there are many online casinos out there, however, not all of them are as safe and secure as you would expect them to be. With this in mind, it’s important to spend some time reviewing your online casino of choice and making sure it’s safe before you go ahead and start using it. Let’s look at some of the factors to consider when choosing PayPal gambling sites:
- Importance of Reviewing Terms and Conditions: Often, when making your first deposit with a site, you’ll be awarded a match bonus up to a certain amount, and these can go up to thousands of pounds; however, these bonuses always come with wagering requirements which aren’t easily visible upon reading a promotion for the first time. Before you go ahead and make an account with PayPal Betting Sites UK, we highly recommend reviewing the site’s terms and conditions, especially regarding the bonuses the site offers. Apart from the bonus aspect, it’s also a good idea to read through the site’s banking policy to be aware of any minimum and maximum deposits and withdrawals.
- Evaluating the Range of Betting Markets and Sports Events: It’s no secret that UK and Finnish players love to place bets on sports, and with this in mind, the best PayPal vedonlyönti sites should offer players a variety of betting markets and sports events to choose from. Again, we highly recommend reviewing what sports markets the site offers before you go ahead and make an account with them.
- Assessing the Competitiveness of Odds and Payouts: Before settling for an online casino, compare the odds and payouts of your preferred PayPal betting sites, as this can have a huge impact on the potential for you to land wins with the online casino site.
- Checking Customer Reviews and Ratings: Finally, one of the best ways you can ensure that your online casino of choice is worth making an account with is by checking customer reviews and ratings of the sites you are interested in. Customer reviews outline what different players' experiences have been with the site and will often outline key features of the site, such as payout times, the selection of games on offer, the bonuses you can expect, and the responsiveness of the site’s customer service team.
History of PayPal
Launched in 1998 in Palo Alto, California, PayPal was created by Max Levchin, Peter Thiel, and Luke Nosek under the name Confinity, and initially, the company was focused on creating secure software for handheld devices. In March 2000, the company partnered with an online banking company that was created by Elon Musk, and from there, they started focusing on online payments, and this is when they changed their name to PayPal.
Some Alternative Payment Methods to PayPal
Here are some other banking solutions you can consider if you’re looking for different ways to make payments with PayPal:
Skrill is another very popular e-wallet owned by Paysafe, which also owns Paysafecard and Neteller. Similar to PayPal, one of the main reasons why Skrill has gained so much attention since it was launched in 2001 is because of the incredible security features that come with it, and again, it allows you to make deposits at online casinos without inputting any personal data. Indeed, it only took six years from its launch date for Skrill to become one of the top three e-payment solutions in Europe.
Launched by Udo Mueller in 2000, Paysafecard is a prepaid card that you can use to make deposits at your preferred online casinos safely without having to input any banking or personal data. These cards can be bought in many partnering retail shops, and all you need to do to make a transaction is enter the 16-digit Paysafe code. The only problem with Paysafecard is that you cannot withdraw funds.
Founded in 2011, SIRU mobile is a Finnish payment system that allows users to make payments via their mobile phones. This is a great option for players who are interested in making transactions with their smartphones safely and securely. Again, SIRU mobile is a popular choice amongst many players as it allows them to make payments without having to input any bank credentials or credit card data.
Neteller has been around since 1999, and they are very well-known in the online casino industry. Neteller is owned by Paysafe, which also owns Skrill and Paysafecard, two other very popular payment solutions that you’ll be able to use at many online casinos. With Neteller, you can make payments via your preferred banking account without having to input any personal data, making it one of the safest ways to make payments online.
Zimpler is an instant payment solution that’s operated by open banking. Founded in 2012 in Gothenburg, Zimpler allows players to make deposits and withdrawals at online casinos with ease. They even have an app which makes keeping track of your funds easier than ever before.
FAQs: Frequently Asked Questions About PayPal
Before we wrap up this review, we’d like to look at some FAQ regarding PayPal and PayPal betting on sports.
Is gambling with PayPal legal in Finland?
Yes, gambling with PayPal is 100% legal in Finland. Indeed, there are many online casinos in Finland that allow you to make payments with PayPal.
How does PayPal work for sports betting?
PayPal is a great way to fund your preferred sportsbook easily and without having to input and personal data, making it a popular choice amongst many sports lovers.
What are the restrictions on PayPal?
When creating an account with PayPal, you’ll have to verify your identity and link a preferred payment solution to your PayPal account, in order to use. PayPal has maximum withdrawal and deposit limits when sending money which you must take into account.
Can I get bonuses on PayPal betting sites?
Yes, you can definitely get bonuses when playing at PayPal betting sites. If you’re looking for recommendations, you should check out our PayPal betting sites list above.