PayPal Sports Betting in Ontario: Top Betting Sites Which Accept PayPal

The basics of betting with PayPal

PayPal is a digital payment platform that lets you carry out a variety of financial transactions online. As of mid-2023, there were over 430 million PayPal accounts across the world, and the e-wallet is available in Ontario.

You can create a PayPal account and then link it to a bank checking account or a credit card, and from here, you’ll be able to purchase goods and services online.

This extends to using PayPal on online sportsbooks where you will be able to use the e-wallet to fund your sports bets and then withdraw whatever you win. Here are just a few of the key reasons as to why PayPal is such a good fit for online sports betting:

Bookmakers that accept PayPal in 2025

1.

4.6/5

BetMGM Review

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Visit BetMGM.com or BorgataOnline.com for Terms & Conditions. Must be 19+. ON Only. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable site credit, unless otherwise provided in the applicable Terms. Please Play Responsibly. If you have questions or concerns about your gambling or someone close to you, please contact ConnexOntario at 1-866-531-2600 to speak to an advisor, free of charge.

2.

4.6/5

PointsBet Review

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3.

4.6/5

Betway Review

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4.

4.6/5

DraftKings Review

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5.

4.6/5

Bet365 Review

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How to create a PayPal account?

We figured that if you indeed had to wager with PayPal, it would be especially beneficial for you to get your basics right and learn how to make a PayPal account that you put to use. Creating a PayPal account is as easy as signing up on a social casino site. Stay around to find out how you can make an account in a few simple steps.

1. Go to the official site of PayPal, paypaal.com, and choose the sign-up option.
2. Select the type of account you want, preferably Personal, and click on Next. you will need a valid email address and phone number for a Personal account.
3. Choose the country where you reside, and enter all other details like your name, your email address, and password.
4. Fill out whatever details the site requires to complete your profile. Next, click on Agree, and then select Create Account.
5. Complete creating your account with the verification and confirmation of your email.

How to make a PayPal deposit for sports betting

PayPal is easily one of the most convenient payment methods that you can use for online sportsbooks. Here are the steps you’ll usually need to take to make a PayPal deposit:

1. Log into your sportsbook account
2. Navigate to the cashier section
3. Select the Deposit option
4. Click on PayPal
5. Enter in your deposit amount
6. Sign into your PayPal account
7. Authorize the deposit transaction.

Once this is done, you should see that the transaction has instantly been carried out and you can now enjoy betting on sports without delay.

Making PayPal withdrawals from online sportsbooks

The good news is that it’s just as easy to make a PayPal withdrawal from an online sportsbook as it is to make a deposit. Here is how you do it:

1. Log into your sportsbook account
2. Navigate to the cashier section
3. Select the Withdrawal option
4. Click on the PayPal tab
5. Enter how much you wish to withdraw
6. Enter your PayPal information
7. Confirm the account you wish to withdraw to
8. Enter your sportsbook password to authorize the transaction
9. Submit your payout request.

After this has been done, there will usually be a period of a few hours while the sportsbook authorises your payout request. From here, it will just take a little longer for your withdrawal to come through and you should see the transaction reflected in your PayPal balance.

Getting help with PayPal payments

Most PayPal payments with online sportsbooks should be efficiently handled without any issues. But if you encounter any kind of problem with your deposits or withdrawals, you can usually do the following:

• Contact the sportsbook: All good sportsbooks have friendly and professional customer support who’ll answer your queries via live chat, email and telephone.
• Contact PayPal: It’s worth noting that PayPal operates 24/7 phone support and it has a separate customer service section on its website that should give you all of the help you need.

Which betting sites accept PayPal in Canada? 

While PayPal is a hugely popular payment method, it’s taken some time to become featured on online sportsbooks in Ontario. Thankfully, there are now a number of betting platforms that’ll be more than happy to take your PayPal payments. Here are just a couple to get you started.

Comparing betting sites that accept PayPal

The above table shows you that there isn’t too much difference in how these two premier sportsbooks handle your PayPal payments. This means that you’ll have to do some research to see which online sportsbook suits your betting needs best. So here are some mini-reviews of the sportsbooks so you can get to know them a little better.

1. PointsBet - A great example of a PayPal sportsbook

Pros & Cons

• Flexible PayPal limits
• Speedy processing times
• Excellent customer support
• Licensed by iGaming Ontario

• Some smaller sports not featured

PayPal is just one of the payment methods accepted at PointsBet and it offers you a great way to fund your sports bets instantly. What’s best is that PointsBet lets you make PayPal deposits from just $5 at a time, meaning you don’t have to spend too much to enjoy some quality betting entertainment. The same is true for payout so you can easily withdraw even the tiniest wins, and the PayPal withdrawal processing times are some of the fastest around.

Elsewhere, you’ll find that PointsBet is a sportsbook just as good as any other you’ll find in Ontario. This means you can sign up here and get nothing but great odds for anything from that massive NHL showdown to any game in the NBA, CFL, and so on. There are also some great same-game parlays and boosted odds here, and the cash-out feature makes live betting a whole lot more fun.

We should also mention the fact that PointsBet is fully licensed by iGaming Ontario. Plus with great customer support on live chat, email, and phone, you’ll have all of the help you need to make your PayPal deposits and withdrawals efficiently.

4.6/5

PointsBet Sports

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PointsBet Highlights

• Unique betting lines
• Live streaming available
• Regular boosters for big sporting events

2. Caesars - A massive sportsbook who accepts PayPal

Pros & Cons

• Fast PayPal withdrawals
• Flexible PayPal limits
• Licensed in Ontario
• Excellent Caesars Rewards

• App can be glitchy

We’re not saying that bigger is always better, but Caesars is a massive online sportsbook who’s just come to Ontario, and the best thing is that the brand accepts PayPal payments. This means that you can simply sign up for Caesars, make an instant PayPal deposit and then enjoy the brand’s famously competitive odds. Plus, with the chance to get same-day withdrawals, you won’t have to wait too long to get your hands on your well-deserved winnings.

Everything else about Caesars is impressive. You’ll enjoy a huge range of odds and lines on all major and minor sports, and the brand isn’t afraid to put on lots of boosts to give you more for your winning bets. The best part is the Caesars Rewards program which could give you a bunch of benefits like sports tickets, getaways, and dining experiences for all of the betting you’ve been doing.

Obviously, Caesars is licensed by iGaming Ontario, otherwise, we wouldn’t be recommending it, plus with 24/7 customer support always available, you’ll get plenty of help in making the most of this awesome online sportsbook.

4.3/5

Caesars Sports

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Caesars Highlights

• Easy to use app
• Wide range of sports markets
• Live betting available

3. Bet365- Using PayPal was never easier

Pros & Cons

• Withdrawals and deposits using the same bank account
• Highly adaptable
• One of the fastest withdrawals

• Has a higher minimum deposit

You must have a PayPal account in order to utilize it at Bet365. Once you have a working account, it's simple to make both deposits and withdrawals at Bet365 using PayPal. Withdrawing funds from your Bet365 account is free of charge, and you may even anticipate receiving the funds in your PayPal account in a day or two.

With the Bet365 site, you can deposit and withdraw money using the same bank account after you've set PayPal as your preferred method of payment; there are no concerns about which bank account will hold your winnings. Players may transfer money easily and conveniently via PayPal.

PayPal is also by far the most adaptable payment option when it comes to Bet365. Your task is essentially done as long as your card is linked to your PayPal account. Your information is already kept with PayPal, so you don't have to worry about taking out your bank card.

It is not possible to discover a faster way to withdraw money except from the Bet365 MasterCard. Along with sibling eWallet Skrill, PayPal processes withdrawals in less than a day, making it the fastest eWallet available at Bet365. Processing withdrawal requests made using online banking, debit cards, or credit cards may take up to five business days.

You may sign up as a new Bet365 member by selecting PayPal as your payment option pretty easily. In contrast to prepaid vouchers that need obtaining a barcode scanner or credit or debit cards that require you to manually input your card information, etc., you may sign up, claim your Bet365 welcome bonus, and begin playing right away.

4.6/5

Bet365 Sports

Bonus Code

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Bet365 Highlights

• Multicolor game logos
• Live in-game
• Popular markets and futures

4. Betway- Utilise the user-optimized PayPal app for making payments

Pros & Cons

• High Security
• User Optimized app
• Reliable Payment Processor
• Swift Deposits and Withdrawals

• Only available in New Jersey and Pennsylvania

To add money to your gaming account, use your PayPal account. The money in your PayPal balance or the bank account that is connected to your PayPal account can be used to finish the transaction. Verify that your Betway and PayPal accounts have the same first and last name.

You won't be able to use any other PayPal account to make deposits or withdrawals after your successful deposit; instead, the PayPal account you used will be linked to your gaming account. All deposits and withdrawals from your gaming account must be made using the same PayPal account. Do make sure that you open a PayPal account under your own name in order to prevent any delays while making deposits or withdrawals.

This well-known and reliable payment processor provides an easy method to handle your money on Betway. By connecting your PayPal account to Betway, you can take advantage of PayPal's strong security protocols and easy-to-use interface in addition to making fast payments and withdrawals.

Remember that you may only make withdrawals to accounts that have had a deposit made to validate them. For instance, in order to withdraw winnings using PayPal after making a deposit with VIP Preferred, you must first finish the PayPal deposit process.

4.6/5

Betway Sports

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Bonus Code

Go to Betway

Betway Highlights

• Wide range of markets
• Mobile betting options
• Prompt customer support

5. Neo.Bet- PayPal for the fastest transactions

Pros & Cons

• Trusted, Simple, and Safe
• Funds appear in a few hours
• Fee-Free Platform

• Euro is the only acceptable currency

PayPal withdrawals and deposits at NEO.Bet are quick, simple, and safe. At NEO.Bet, you can make PayPal deposits only with a minimum of €10 at a time. However, the e-wallet does allow you to deposit up to €5,000 in total.

Like on any other social casino site, there won't be any costs associated with making deposits at this online casino using PayPal. At NEOBet, your PayPal deposits will be processed immediately, so you can start wagering right away. The one obvious restriction we saw was that NEOBet only accepts payments made with PayPal in euros, and was available for players in Germany.

Our team discovered that using PayPal to withdraw money from NEO.Bet is quite easy. Only NEO.Bet PayPal users who have made a minimum withdrawal of €20 are eligible to do so. This site will also allow a maximum withdrawal of €20,000 per transaction.

Choose withdrawal from the My Account menu on the NEOBet website, then enter the desired withdrawal amount. You can complete the transaction and wait a few hours for the funds to appear in your account; your PayPal account should be preselected. Without a doubt, PayPal has among the quickest withdrawal processing times available.

Disadvantages of using PayPal

To be honest, there aren’t too many disadvantages of using PayPal for your sports bets. However, it’s worth keeping the following things in mind:

Conclusion - Get ready to enjoy PayPal betting in Ontario

This guide has revealed there are plenty of excellent betting sites that accept PayPal in Canada. Online sportsbooks such as PointsBet and Caesars not only let you make PayPal deposits to fund your sports bets, but sites like these offer seriously fast payouts too.

Of course, we have to remember that PayPal is a relatively new addition among sportsbooks in Ontario and we can expect plenty more operators to add this e-wallet to their accepted payment methods in the future. So watch this space to see which betting sites with PayPal you should be using.

Best Alternatives for PayPal Sportsbooks

PayPal highlights how it protects your personal information when you make online payments and how strict its security is when you provide the corporation with your information. For online sportsbooks, PayPal is not the only safe and widely accepted payment option.

The following list of alternatives to PayPal is available:

1. Transfers between bank accounts
2. PayNearMe
3. Play+
4. ACH/e-check
5. Debit Cards
6. Websites that Wager With Credit Cards

PayPal sportsbooks are still quite popular since there are almost no costs associated with using this payment option. Three of PayPal's primary selling factors are incentives, transaction speed, and security. Deposits made into a sports betting account with PayPal arrive on your account quickly. It's also among the easiest methods for completing a withdrawal.

Paypal betting Ontario FAQ