If you are looking for a safe, fast and easy payment method for betting on LoL, PayPal might be the brand that you’ve been searching for. Our guide to esports betting with PayPal will show you why this e-wallet has become hugely popular, and the sheer quantity of PayPal gambling sites reveals just what an impact this payment method has had.
Our guide to PayPal betting will walk you through how to make an LoL esports bet with PayPal, and we will also give you a few good examples of esports betting sites using PayPal at the moment. And with a quick look at some safe alternatives to PayPal betting, you should have everything you need to enjoy wagering on your favorite battle arena game with a payment method that suits you best. Make money with League of Legends has never been easier.
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All about PayPal betting
PayPal has been around since 1998, and since then it has quickly become a hugely popular way for people to pay for goods online. Whether it’s making an internet payment to a friend, or even buying goods from an online retailer, PayPal has flourished thanks to its online safety and ease of use.
As such, it’s no real surprise to find that esports betting with PayPal is widespread. PayPal betting involves you linking your PayPal account with one of the many PayPal gambling sites, and then you should be able to make a deposit to fund your LoL bets. Similarly, PayPal also allows you to make withdrawals of your LoL winnings back to your account in a fast and convenient manner. And we should also mention the fact that using PayPal is free so that you won’t have your profits compromised if you decide to make an esports bet with PayPal.
Benefits of making an esports bet with PayPal
Most of us will be aware of the PayPal brand, but what is it about the e-wallet that makes it such a good choice for betting on League of Legends?
Here are a handful of reasons as to why esports betting with PayPal is so popular.
- Free to use
- Speedy withdrawals and deposits
- Very safe and secure
PayPal is free for sending money
If you are funding your betting account with PayPal, then the payment brand will not charge you a penny for doing so. However, we should mention the fact that we have seen a small number of betting sites who sometimes add some processing fees on deposits and withdrawals, so be sure to check the small print.
PayPal offers you fast deposits and withdrawals
If you have made some decent winnings on your bets on LoL, PayPal gives you one of the fastest ways to make a withdrawal. Whilst bank transfers and card withdrawals can sometimes take up to one week to process, if you withdraw your funds back to your PayPal account, then you can usually expect to get your winnings in less than one hour. As always, check the betting site’s terms and conditions to see how fast they are in processing your payments.
PayPal is very safe and secure
Each stage of a PayPal transaction undergoes rigorous checks to make sure that it is fully encrypted. It’s not just this that boosts your online security, as there’s also something reassuring about just using your PayPal email address and password to make a deposit rather than typing in your debit or credit card number in a relatively unknown betting site. Plus, making an esports bet with PayPal also means that you can keep your betting budget separate from your regular funds to make sure that you stay within your limits.
Some of the best esports betting sites using PayPal
Most esports betting sites put on a broad variety of payment methods for adding funds to your account and withdrawing your winnings. But which PayPal gambling sites also feature great odds and helpful customer service for your LoL bets? Take a look at some great esports betting sites using PayPal below.
If you want to wager on esports, PayPal betting sites like Betway give you a great example of what you should be looking for. Whilst this is primarily a sports betting site, Betway have earned a fantastic reputation for their LoL betting odds, as well as plenty of great betting markets for other esports like CSGO, Dota 2 and even niche esports like King of Glory and Rainbow Six. What makes Betway one of the best PayPal gambling sites is its ease of use. Whether you are using their website or the Betway mobile app, everything is designed so that you can add funds to your account and make a withdrawal with the bare minimum of fuss.
- Excellent choice of LoL betting markets
- Fully licensed site
- Fast withdrawals via PayPal
Whilst 888sport tend to only serve up basic match winner bets for League of Legends, if you are looking for decent odds on the biggest LoL tournaments, then this bookmaker are always worth checking out. You can make PayPal deposits from a minimum of £10 at a time here, and whilst PayPal withdrawals may be fairly slow at between two and three working days, it’s nice to find that you can make withdrawals from a very low amount of £3 at a time at the UK Gambling Commission licensed site.
- Low PayPal withdrawal threshold
- Licensed by UK Gambling Commission
- Good match winner odds for LoL
You might not be too familiar with the TonyBet brand name, but we have found that this bookmaker have put on a pretty good esports betting service that covers classic titles like LoL, CSGO, Dota 2 and StarCraft. Esports betting with PayPal at TonyBet is actually pretty easy as the brand allow you to make deposits from as little as €10 and they won’t charge you a penny for doing so. What’s really impressive about TonyBet is the fact that they give you great odds for a wide variety of LoL tournaments that range from big hitters like the ESL Meisterschaft to niche competitions like the Kayzr League. So if you ever wanted to wager on LoL, PayPal betting sites like TonyBet give you plenty of options.
- Excellent coverage of LoL tournaments
- Competitive League of Legends odds
- Easy to use website
Mr Green is one of the best lol betting sites using PayPal at the moment. Whilst the brand are famous for their sports bets, you should be able to find a good amount of LoL match winner bets here alongside odds for other top esports like CSGO and Dota 2. Whilst the Mr Green website might be take a little bit of getting used to, if you are a fan of LoL mobile betting, then you should definitely download the very user-friendly Mr Green app. This allows you to place an easy LoL bet on the go, plus you should be able to carry out all other important tasks like making deposits and withdrawals. Just remember that Mr Green implement a charge of £1 for each withdrawal up to £100.
- Decent odds for LoL
- Great Mr Green betting app
- Quick deposits and withdrawals
Which PayPal gambling sites should you avoid?
Just because a website allows you to make an esports bet with PayPal, doesn’t necessarily mean that you should be rushing to sign up to their services. There has been the unfortunate rise of many esports betting sites who offer a service that’s not completely legitimate, so be sure to check the following things are in place before you make your first PayPal deposit.
Check the betting site’s license
You should never use a betting site that fails to display a license from an organization like the UK Gambling Commission or the Malta Gaming Authority. Whilst they might allow you to enjoy esports betting with PayPal, you would stand to get very little in the way of customer protection should something go wrong.
Does the betting site take care of their customers?
Always research around to see how other betting fans have experienced a bookmaker’s services. If you see lots of bad reviews about a betting site, then you should probably leave them well alone. It’s also a good idea to make sure that the betting site has a responsive customer service team who can be reached 24/7 via live chat, email or telephone so that you can get help with anything like making a bets on esports, PayPal deposits, or even making a withdrawal.
Does the betting site have decent LoL odds?
Whilst a betting site might allow you to make an esports bet with PayPal, there is little point in doing so unless you are getting a decent return on your LoL bets. Be sure to check around and do a quick odds comparison test to make sure that you are getting a fair price, and don’t forget to check back into EsportsBettingSites.com to find the best deals for this classic battle arena title.
Limitations of esports betting with PayPal
PayPal betting is remarkably straightforward, and it’s clear that if you are into esports, PayPal betting sites give you some of the fastest and easiest ways to wager on LoL. Despite this, there are a handful of reasons why you might wish to consider an alternative payment method for betting on League of Legends.
Limited number of esports betting sites who take PayPal
Whilst many of the larger sports betting sites like Betway and 888sport take PayPal payments, it’s clear that the payment method hasn’t been taken up by many bookmakers. In fact, many of the smaller esports betting sites tend not to include PayPal facilities. This means that if you have your heart set on using PayPal for LoL betting, then you might not get quite the same quantity of choice when it comes to odds for the battle arena game. And we all know that it’s only by being able to shop around amongst lots of betting sites that you are going to get the best returns from your LoL bets.
Some esports bonuses can’t be claimed with PayPal deposits
We all love to get a good welcome bonus to help us along with our esports bets. But we have seen many examples of sign up offers that cannot be claimed with a PayPal deposit. For example, you cannot use a PayPal deposit to qualify for the William Hill welcome bonus. Thankfully, there are a handful of betting sites like Betway who do allow you to claim their sign up offer with a simple PayPal deposit, so be sure to check around and always read the small print.
Alternative payment methods to PayPal
If you want to bet on esports PayPal isn’t the only option. The majority of gamers will probably use a credit or debit card like Visa and MasterCard to gain full access to all of the relevant promotions. Whereas those who are keen on getting the fastest withdrawals possible will prefer to use other e-wallets like Skrill or Neteller.
If you like to keep your esports betting budget separate from your regular funds, then prepaid cards like Paysafecard could be a good option. And don’t forget that most esports betting sites will allow you to make a standard bank transfer which could be good as long as you don’t mind some lengthy withdrawal times.
Above all, if you like betting on esports, PayPal is a great payment method as it offers you plenty of security, fast withdrawals and it’s also very easy to use to make some decent profits on your LoL bets.