The Best PayPal Betting Sites in Ontario November 2024
Most of the top betting sites in Ontario have included PayPal as one of their payment methods. This is because PayPal is easy to use, and most bettors prefer a means of payment that is free of any hassle. If you’re new to PayPal, you’ll find how to use it in this guide. We’ll also share our list of Ontario’s top 5 PayPal betting sites.
The 5 Best Betting Sites with PayPal in Ontario
We’ve checked through the top Ontario sports betting sites to help our readers. Below, we list some of the top PayPal betting sites in Ontario.
Betting site | Withdrawal speed | Overall rating |
PointsBet | 1 business day | ⭐ 4.9/5 |
BetMGM | 1 to 5 business days | ⭐ 4.8/5 |
Caesars Sportsbook | 1 to 5 business days | ⭐ 4.9/5 |
bet365 | 1 to 6 business days | ⭐ 5/5 |
Betano | 1 to 7 business days | ⭐ 4.9/5 |
Listed above is our list of the top 5 PayPal betting sites and their ratings. But why are they the best? What sets them apart from other sites? We’ll review each bookie briefly and what sets them apart.
PointsBet – Great Sports Betting Markets
Pros:
- 25+ sports to choose from
- Payment speed within a business day
- Over 100 markets per event
Cons:
- Customer support is a bit slow
Sports and Markets for Betting with PayPal
Our top choice for Ontario players looking to place bets using Paypal is PointsBet. It offers over 25 sports for you to choose from and a wide variety of markets for your sports betting with PayPal.
The popular options include football, Aussie rules, soccer, basketball, baseball, and handball. Players will find a wide range of competitions under each sport. Each event houses hundreds of betting markets, allowing customers a variety of betting options.
Deposits and Withdrawals with PayPal
Making deposits and withdrawals with PayPal on this betting site is very easy. All you need to do is go to the banking section of your account, select PayPal as the payment method, and follow the necessary steps to complete the transaction.
The minimum deposit is $5; you can deposit as much as $50,000. You can request a payout of as much as $50,000 for withdrawals. The good side is that the sportsbook doesn’t charge a fee for deposits and withdrawals with PayPal.
Transactions Speed with PayPal
It’s important to know the waiting time for your transactions with PayPal. Deposits you make with PointsBet using this payment method are reflected immediately in your user account.
The waiting time for withdrawals is a bit longer because the betting site could take up to one business day to process your payout request. Once your request has been approved, you’ll get your funds within 30 minutes.
Final Verdict of the Betting Site
As mentioned earlier, PointsBet is the best option for Ontario bettors who want to place their bets using Paypal. The platform is accessible for both Android and iOS users, allowing them to wager on the go. You can bet on hundreds of betting markets when you become a customer.
Overall rating ⭐ 4.9/5
BetMGM – Best Live Betting Site with PayPal
Pros:
- Fast transaction time
- 25+ sports available
- Minimum deposit of $10 with Paypal
Cons:
- Without a contact phone number
Sports and Markets for Betting with PayPal
For your sports betting with Paypal at BetMGM, you will find over 25 sports available. Top among them are soccer, basketball, football, baseball, tennis, and much more. Players can also bet on politics and entertainment. Whether you want to bet on the NFL, NBA, CFL, or NHL, BetMGM has you covered. Each sport houses various competitions and also features hundreds of betting markets. The top options are Moneyline, Spread, Totals, and Props.
What stands out the most about this PayPal betting site is its live section. This area stands out thanks to a great selection of sports, highly attractive odds, and an excellent streaming service for watching live sports events.
Deposits and Withdrawals Processes with PayPal
Depositing and withdrawing funds using PayPal is simple on BetMGM Ontario. Players can fund their accounts within a few minutes and start playing quickly. Because the sportsbook is user-friendly, players won’t have a problem navigating through the cashier area to fund their accounts. You’ll find the necessary button at the top of the homepage.
Players may deposit at least $10 using PayPal, while they can deposit as much as $1000. On the other hand, you can withdraw a minimum amount of $10 and a maximum of $100,000.
Transactions Speed with PayPal
Deposits and withdrawals at BetMGM are faster than those at other PayPal betting sites. Deposits will be reflected immediately in your account; you just need to ensure that the entered details are correct.
While deposits are almost immediate, withdrawals could take longer. PayPal withdrawals on BetMGM usually take 24 hours. However, all withdrawals are first subjected to a 3-5 days internal review. You’ll get your funds within a day after this review.
Final Verdict of the Betting Site
What do we think about BetMGM when placing bets with PayPal? We noticed that it offers easy-to-complete transactions, short waiting times, and reasonable deposit and withdrawal limits.
Furthermore, the sportsbook stands out for its live betting options. Players can access over 25 sports options, including politics and entertainment.
Overall rating ⭐ 4.8/5
Caesars Sportsbook – Best PayPal Betting Site for Casinos
Pros:
- Fast transaction time
- Offers over 500 casino games
- Accessible money limits
Cons:
- Players must be 21 or older to register
Sports and Markets for Betting with PayPal
If you’re looking for a betting site dedicated to casino lovers, Caesars should be your option. The platform provides both sports and casino games, but casino enthusiasts will find it more appealing.
The top games available include Slots, Roulettes, Video Poker, Blackjack, Baccarat, and more. The betting platform provides hundreds of options in each category, enabling users to access up to a thousand casino options.
You could also bet on sports offers, including the CFL, NFL, NBA, NHL, Soccer, MLB, and others. The sportsbook provides hundreds of betting markets for each competition or league.
Deposits and Withdrawals Processes with PayPal
To bet on this betting platform using PayPal, you simply need to have a verified bank account or PayPal balance. However, you must use the same PayPal account you used to make deposits for withdrawals.
Caesars customers can deposit and withdraw as low as $10. The maximum deposit amount allowed depends on the source of the deposit.
Transactions Speed with PayPal
Deposits at Caesars SportsBook with PayPal will be reflected in your account immediately, allowing you to start betting as soon as possible. On the other hand, withdrawals take longer and are subject to approval by the betting platform. You can claim your funds using PayPal within an hour, but the sportsbook could sometimes take up to 24 hours to approve. On rare occasions, claiming your winnings could take up to 3 days.
Final Verdict of the Betting Site
Our experience using PayPal at Caesars SportsBook was quite positive. Depositing and withdrawing funds are quite fast. Players can deposit and withdraw as little as $10, which you’ll not find on other platforms. To crown it all, the betting platform does not charge a fee for deposits and withdrawals.
Overall rating ⭐ 4.9/5
bet365 – The Best Mobile Betting Site with PayPal
Pros:
- 40+ sports to choose from
- Mobile app for iOS and Android
- 24 hours max for withdrawals
Cons:
- Without phone support
Sports and Markets for Betting with PayPal
bet365 Ontario is the best option for players who are passionate about online sports betting on mobile. The betting site offers one of the best betting apps for iOS and Android devices.
By signing up for a bet365 account, you can bet on over 40 sports. That’s not all; players who are interested in casino games will find a place on the platform. We discovered that you can bet on special sports such as Daily Lineups, Lacrosse, Jai Alai, Squash, and Surfing.
Each sport has a number of competitions, and each competition or league is home to several matches. As a result, you’ll find hundreds of betting markets to wager daily.
Deposits and Withdrawals Processes with PayPal
Funding your bet365 account is easy. The good side is that the sportsbook doesn’t charge a fee to deposit or withdraw your winnings. However, you must first own a PayPal account before connecting it to your betting account.
The minimum deposit allowed is $40, while the maximum is $12,500. The bookie also allows you to fund your account without having money in your PayPal account. You will also have the option to set up future payments, which you can complete in one click.
If you’ve deposited using PayPal, you can withdraw your funds using the same PayPal account. The minimum withdrawal amount is $20, while the maximum is $12,500.
Transactions Speed with PayPal
You can fund your bet365 account instantly. On the other hand, withdrawals take a few minutes but could sometimes take up to 24 hours to arrive in your PayPal account.
Final Verdict of the Betting Site
We can only give a good review about transactions using PayPal on bet365. The sportsbook has made it easy, allowing you to deposit instantly. Withdrawals on the betting site are also faster than most betting platforms.
The betting site is optimized for mobile devices, allowing Android and iOS users a convenient place to wager. Apart from that, players get to bet on up to 40 sports, and the platform has an appealing user-interface that makes betting easy.
Overall rating ⭐ 5/5
Betano – Best PayPal Betting Site for eSports and Virtual Sports
Pros:
- Withdrawals within a day
- Over 30 sports to choose from
- Great selection of eSports
Cons:
- No phone contact available
Sports and Markets for Betting with PayPal
You’ll enjoy signing up with this platform if you’re an eSports and virtual sports lover. Besides providing customers with over 30 different sports, Betano Ontario prides itself on providing customers with a wide range of eSports markets. The available options include League of Legends, StarCraft II, Dota 2, King of Glory, Valorant, Counter-Strike, Call of Duty, and Rainbow Six. You can also jump on various virtual sports offers, including virtual football, virtual soccer, virtual basketball, and more.
The sports options include Squash, Basketball, Football, Hockey, Rugby Union, and more. You may also play live betting on the betting platform. We love that Betano has a live-streaming service that allows users to watch their games. To top it up, the platform enables customers to deposit and withdraw funds using PayPal.
Deposits and Withdrawals Processes with PayPal
Betano provides many payment methods, and PayPal is one of the most popular. This is because transactions are quite easy, and customers can deposit and withdraw seamlessly.
Players can deposit and withdraw as little as $10 on Betano. You can also deposit and withdraw a maximum of $5,000 on the platform. The betting site doesn’t charge a transaction fee, allowing you to get your money in full.
Transactions Speed with PayPal
Like other betting sites that accept PayPal, deposits on Betano are processed immediately. On the other hand, withdrawals are processed within a day. However, you must use the same PayPal account used for deposits to claim your winnings from the betting site.
Final Verdict of the Betting Site
There is no doubt that you’ll enjoy your time betting on Betano. Besides offering a wide range of sports, the sportsbook is excellent for virtual and eSports games. Depositing and withdrawing funds using PayPal is seamless, and there are no transaction fees charged.
Overall rating ⭐ 4.9/5
What is PayPal, and How Does it Work?
Paypal is an online payment platform that allows bettors to make transactions securely and conveniently on betting sites. It works as a virtual wallet that you can connect to your betting account to make deposits and receive funds.
It was founded in 1998 and has since gained considerable popularity and acceptance among Ontario players. The payment method is one of the most sought-after payment methods by users on betting sites.
Key Factors to Consider When Choosing PayPal Betting Sites
Before selecting a PayPal betting site, it’s essential to consider some factors. This ensures that you sign up with the right betting site and enjoy a more thrilling and seamless experience.
What are these criteria we are talking about? Below, we will mention key aspects to help you choose the best PayPal betting sites.
Variety of Sports and Markets
When choosing a PayPal betting site, it is essential to pay attention to the variety of sports and competitions it offers. Before registering, research the sports and competitions the PayPal betting site provides. You should also verify that it includes a variety of markets to give you a wide range of betting options.
Competitive Odds
Always stay informed about the odds the betting site offers and ensure they are competitive and within the ideal average. We recommended researching a few betting sites that accept PayPal and comparing their odds.
License and Security
Your preferred PayPal betting site must offer high security to protect your transactions. This includes an SSL encryption system and identity verification when making withdrawals.
To provide greater security, the betting site you have chosen must be fully legal and transparent. You should make sure to check if it has a valid license with the Alcohol and Gaming Commission of Ontario.
Deposit and Withdrawal Limits with PayPal
Generally, PayPal betting sites establish transaction limits ranging from $5 to $50,000 per transaction. This is quite reasonable, although sometimes they may be much higher for withdrawals. You must ensure your chosen platform allows you to deposit and withdraw as little and high as possible. Also, remember that most PayPal betting sites allow you to withdraw winnings using the same payment method you used to deposit.
Speed in Transactions
Before signing up with your preferred betting site, it is also essential to consider the transaction speed. One of the major advantages of using PayPal is that you don’t have to wait long to deposit or receive your funds.
Deposits are usually instant, while withdrawals usually take 24 hours. On rare occasions, some platforms may require additional time to approve withdrawals.
Customer support
You must ensure your preferred betting site has different communication channels that help resolve transaction issues. It’s completely normal to encounter challenges when funding or withdrawing funds from your betting account. Ensure your preferred betting site has options such as live chat, email, phone numbers, and support tickets.
Advantages and Disadvantages of Betting Sites with PayPal in Ontario
Bettors get a wide range of benefits when they sign up on PayPal betting sites. However, certain downsides are available as well. Below are some of the pros and cons.
Advantages | Disadvantages |
✅ It is a highly secure and popular payment method. ✅ Deposits are quick to process. ✅ It keeps your data completely confidential. ✅No transaction fee involved. ✅ Available on most betting sites in Ontario. | ❎ Withdrawals could sometimes take 1 to 3 days. ❎ You must have a PayPal account to use it. ❎ While using PayPal is free, some betting sites may apply additional fees. |
How We Selected Our Top 5 PayPal Betting Sites in Ontario
Due to its popularity among users in Canada, many betting sites have included PayPal among their banking options. However, it is essential to recognize that not all sites are of the best quality. We know how important it is to choose a site for betting with PayPal correctly, and that’s why we only select the best ones based on the following procedure.
Research and Comparison
We conducted in-depth research to identify the betting sites that accept PayPal in Ontario and compared the selected betting platforms to choose only the high-quality ones.
Our experts analyzed aspects such as their selection of sports, odds, markets, web design, and PayPal’s availability among their banking options. We also investigated their reputation based on reviews or comments from other players.
Registration and Exploration
After selecting only high-quality betting sites with PayPal, we registered on each one to gain a comprehensive understanding of its services.
Our experts considered the range of sports they provide, whether they include major competitions and a variety of markets. We also checked for a live betting section and other special features such as cash out and bet builder.
Payment Method Testing
Next, we made a deposit using PayPal as the payment method. We did this to assess the convenience of using the banking option.
We analyzed the transaction process and the speed to see if it was worth it. We also verified that the deposit limit is accessible to all types of players.
Placing Bets
To make an informed decision, we placed bets on the betting platform and explored the available markets. We also accessed the live betting area to evaluate its comprehensiveness and tried out various types of bets.
Withdrawal Process Testing
As the final step, we tried withdrawing our winnings using PayPal. We watched out for the speed and transaction limits available, and we also checked whether the betting site charges a withdrawal fee.
Is PayPal a Safe Payment Method for Online Betting?
PayPal’s popularity in online sports betting sites is not solely due to its speed and simplicity in transactions; it is also attributed to the security it provides to bettors.
This payment method employs high-security measures that protect user information and financial data. Let’s explore the reasons why PayPal is so reliable:
Data Security
PayPal employs state-of-the-art encryption technologies and advanced security measures to protect users’ personal and financial data. This means your transactions are safeguarded against unauthorized access.
Financial Privacy
When you use PayPal, there’s no need to provide direct banking information to the online sports betting site. This reduces the risk of data compromise in case of fraud or a cyber attack.
Identity Verification
You must verify your identity to complete transactions when using PayPal on betting sites. This measure prevents fraud and protects players from suspicious activities.
High Market Reputation
PayPal is a globally recognized company with a long-standing presence in the industry. It has become one of the safest payment methods in the iGaming world. This reputation makes players feel more confident using it on sports betting platforms.
Buyer Protection
PayPal offers its users a buyer protection program, which monitors transactions and assists customers in case of problems or even in recovering funds.
Take this into Account
Even though PayPal is such a reliable payment method, there are some security measures you can use to protect your account and money. Let’s see what you can do to increase security:
- Use strong and unique passwords that are difficult for others to decipher but easy for you to remember. Also, do not share these passwords with anyone.
- Always access the official PayPal website and avoid phishing sites.
- Keep your mobile device’s software constantly updated to prevent any unwanted access.
Why PayPal is your Best Option for Online Betting in Ontario
Many other payment methods are available on Ontario sports betting sites, and you may wonder why you should choose PayPal.
Here are some reasons to choose PayPal over other payment methods when betting on the best betting sites in Canada.
Secure Payments
PayPal is one of the safest payment methods on the market. It does not require you to enter your bank details, such as your account number, adding an extra layer of security.
You only need to connect your PayPal account to make deposits and withdrawals. Additionally, it includes high-security measures to keep your transactions safe.
Transaction Speed
Deposits made with PayPal are reflected immediately, so you can start betting right away. This is one of the features that bettors appreciate the most.
Withdrawals usually take a bit more time, approximately 1 to 3 days. The waiting time may vary depending on the sportsbook, but it is still a fairly quick option compared to other payment methods.
Bank Details Protection
One reason to choose PayPal as your payment method on Ontario sportsbooks is personal data protection. This method will always keep your information secure.
Payment Versatility
PayPal is one of the most accessible payment methods for players. You can use it on your computer, phone, or tablet, regardless of the model or year. Additionally, it is available on a wide variety of sports betting apps.
No Need for Cards
When using PayPal on Ontario sportsbooks, you won’t need to enter your card details every time you deposit or withdraw. You just need to log in with your PayPal account and complete the transactions.
Low or Non-Existent fees
Lastly, PayPal is your best option for betting on a sportsbook because it is a completely free payment method. The online sports betting sites determine the fees sometimes charged and are generally very low.
Learn How to Open a PayPal Account
In order to use PayPal at different Ontario sports betting sites, you need to register on the official website. It’s a straightforward process, and we’ll explain how to do it below.
- Go to the official PayPal website and click the “Sign Up” button.
- Select the type of account you want to use; we recommend opening a personal account for betting at sports sites. Tap on “Get Started” to continue.
- Enter your email address on the next page and tap on “Next.”
- Input your phone number and follow the prompt to complete the registration process. You will need to enter other details, such as your full name, and create a password.
- Next, confirm your email address by clicking on the confirmation link sent to your email.
- To use PayPal at Ontario sports betting sites, add a credit card or link a bank account.
- As a final step, you must verify your PayPal account to increase transaction limits and ensure complete security.
Following these steps will create your PayPal account, which you can use on the Ontario betting apps.
How to Use PayPal at Ontario’s Betting Sites – Step-by-Step Guide
Now that you have a PayPal account, the next step is to use it as a payment method at online sports betting sites. If you’re unsure how to make deposits and withdrawals with PayPal, we’ll explain step-by-step what you need to do.
Deposits with PayPal
To make your deposits on PayPal betting sites, follow these steps:
- Choose the betting site where you want to deposit using PayPal and register on their website.
- Navigate to the deposit section to select PayPal as your deposit method.
- Enter the amount you wish to recharge, and you will be redirected to the PayPal login page, where you can enter your account details.
- Confirm the transaction, and don’t forget to check that all the information entered is correct.
- Wait for the deposit to be reflected in your betting account, and start betting.
Withdrawals with PayPal
Now, if you want to withdraw your winnings at the betting site using PayPal, you need to follow this procedure.
- Log in to your betting site account.
- Go to the banking or cashier section and select PayPal as your withdrawal method.
- Enter the amount you wish to withdraw.
- Confirm the withdrawal request. Sometimes, you may need to verify your identity to cash out your winnings.
- Once the transaction is confirmed, the funds will be transferred to your PayPal account.
Please note that the waiting time may vary from one betting site to another, but generally, it ranges from 1 to 4 days.
Use PayPal on the Best Betting Sites from your Mobile
Did you know that PayPal is a payment method you can also use for your mobile betting? In most Ontario sports betting sites, you will find a mobile app that you can download on your smartphone or tablet for added convenience.
These mobile apps also offer PayPal as a banking option for deposits and withdrawals. Using this payment method is just as simple, fast, and secure.
This provides greater convenience for users who enjoy betting comfortably from anywhere they are. You may also download the PayPal app for ease of payment on your preferred betting site.
Other Alternatives Similar to PayPal
While PayPal is one of the best payment methods at Ontario’s betting sites, there are other similar alternatives that you may find attractive when playing.
Here are some of these alternatives similar to PayPal:
- Neteller: This e-wallet belongs to the Paysafe group and works for transferring and withdrawing money from betting sites through bank transfer or Net card to your bank account. It is one of the most popular payment methods on Ontario sports betting sites.
- Skrill: This is another excellent alternative to PayPal. It functions as an e-wallet to make deposits and withdrawals quickly, securely, and easily. It is one of the most private payment methods in the market, which is why bettors seek it out.
- Paysafecard: In recent years, this payment method has become one of the favourites in Europe and is one of the most important payment alternatives in the market. It works without entering your card or account information and is completely private and free.
- Criptomonedas: This is one of the most innovative payment methods. Cryptocurrencies are another equally secure and much faster option than PayPal. The only difference is that they are not available on some betting sites.
- Interac: Interac is also a popular option on many betting sites. Players can use this payment method by linking it to their bank account. Like PayPal, the best Interac betting sites allow for the safety and protection of user information and data.
Summary of PayPal Betting Sites
In conclusion, the betting sites with PayPal provide users with a more convenient way of betting. By registering on them, bettors can enjoy a much smoother, safer, and more enjoyable experience.
They will have access to a wide variety of sports and casino options when betting using one of the most popular payment methods in the market. PayPal is an excellent choice, and we invite you to try it if you want to bet quickly and easily without compromising your security.
FAQs
Which betting sites take PayPal?
A number of PayPal betting sites are in Ontario. We’ve listed a few of them in this guide. bet365, Betano, BetMGM, Pointsbet, and Caesars Sportsbook are some of the top ones.
What is the best sports betting site in Ontario?
Several betting sites are in Ontario, and whichever you choose depends on the player. However, we’ve listed our top 5 PayPal betting sites in this guide, which will be worth your time and effort.
What betting app should you use in Canada?
All of the betting sites in this guide have a mobile app for Android and iOS. However, the best among them depends on your preference. You could select one of our betting sites with PayPal from this guide.
Is it safe to link your bank account to PayPal?
Linking your bank account to PayPal is completely safe and reliable. The payment option is one of the most secure methods in the market.
Can I use PayPal on betting sites with confidence?
Yes, using PayPal for your sports betting is 100% secure. Paypal uses end-to-end encryption to protect all of its users’ data.
How long do transactions made through PayPal betting sites take?
Deposits are usually reflected in your account immediately, while withdrawals may take longer, typically 1 to 4 days.
Do I have to pay fees to use PayPal on Ontario Sportsbooks?
No, opening a PayPal account and using it as a payment method is completely free. However, it’s important to note that some betting sites that accept PayPal may charge fees for using it.
Can I make transactions through PayPal using my mobile phone?
Certainly, PayPal is a very versatile payment method you can use from your mobile phone to make deposits and withdrawals without any issues.