Canadian Betting – Best Online Sportsbooks in Canada

Sportsbooks that Accept PayPal Deposits: Not Available in Canada

For online sporpaypal-sports-bettingts bettors, PayPal has been one of the most popular and easiest to use deposit  methods for nearly twenty years. Like Neteller and Moneybookers, they act as an e-wallet which allows sportsbook customers to make deposits and withdrawals without ever associating their personal credit cards or bank accounts with an online gaming enterprise. Unfortunately, for gamblers from Canada, PayPal is not an option as a deposit method. PayPal decided to no longer allow customers from the USA and Canada to use their PayPal account for gambling related deposits and withdrawals in 2007 when the UIGEA was enacted in the United States.

Note to Canadians: There are many services available to fund your online betting accounts that work just like PayPal or better. Instadebit and IDebit are both very popular sportsbook deposit methods in Canada.

If you happen to be from Austria, Denmark, Finland, Germany, Ireland, Italy, Portugal, Sweden, or the UK, you can use PayPal freely to make deposits and withdrawals at many of the top online sportsbooks. These books include Bet365, 888 Sport, Sportingbet, Ladbrokes, and William Hill. Those of you that can take advantage of PayPal as a sportsbook deposit method will be happy to know that they also offer some of the lowest minimums and highest maximums when it comes to deposit restrictions.  William Hill, for example, will allow you to deposit a minimum of £10 and a maximum of £5,500 by PayPal and do so in four different currencies. If you are depositing in a currency other than British Pounds, exchange rates will be used to calculate your minimum and maximum deposit options based off of the Pound limits. When making a withdrawal your options actually open up a bit. While the maximum still sits at £5,500, you can make a withdrawal as small as £5. All of these deposits and withdrawals are free of charge from the online sportsbooks method. PayPal is the only one that will charge you for making transactions. PayPal allows you to make payments to online sportsbooks free of charge, but will charge a fee when you accept a withdrawal. The standard fee is 3.4% + a separate 0.35 Euro charge.

We’ve compiled a full list below of our featured online sportsbooks and what their minimums and maximums for deposits and withdrawals are with PayPal. You can also see your currency options as well.

Sportsbooks Min Dep. Max Dep. Min Withdr. Max Withdr. Currencies
Bet365 £10 £5,500 £10 £5,500 GBP, USD, EUR, AUD, CAD, SEK
William Hill £10 £5,500 £5 £5,500 GBP, EUR, USD, SEK
Sportingbet £10 £6,000 £10 N/A GBP, EUR
Ladbrokes £10 £9,999 £10 £5,000 GBP, USD, EUR, SEK, DKK

 

A Little More About PayPal…

Setting up a PayPal account is something that you can do free of charge as long as you are 18 years of age and they offer several ways for you to add money to your account. Customers can use credit cards and debit cards to fund their PayPal balance as well as bank transfers. Just like most other e-wallets, PayPal allows you to not only send and receive money with merchants and sportsbooks, but also with fellow PayPal members. You can send money to a friend free of charge, but you will incur a charge for receiving money just like when you make a withdrawal from a sportsbook. One of the major difficulties with gaming websites is that, save for some poker sites, they typically don’t allow you to transfer your funds to and from other customers at the website. PayPal solves this problem with their inter-member transfer system.

 

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