Best Betting Sites With PayPal in Ontario 2023

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Bet365
Quick Cash Out Options
19+ - Gambling can be addictive. Play responsibly. - Connexontario.ca 1-866-531-2600. You must be at least 19 years old to engage in any gambling activity. Bet365 Ontario operates pursuant with the iGaming Ontario agreement. AGCO regulated.
9 / 10
rating
Bet365 Canada
  • Various betting markets
  • Live streaming options
  • Convenient payment methods
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PointsBet
Fast transactions with Interac
19+ - Gambling can be addictive. Play responsibly. - Connexontario.ca 1-866-531-2600. You must be at least 19 years old to engage in any gambling activity. PointsBet operates pursuant with the iGaming Ontario agreement. AGCO regulated.
8 / 10
rating
PointsBet Canada
  • Array of betting markets
  • Fixed odds bets
  • Fast & reliable payouts
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Bwin
No withdrawal limits
19+ - Gambling can be addictive. Play responsibly. - Connexontario.ca 1-866-531-2600. You must be at least 19 years old to engage in any gambling activity. Bwin operates pursuant with the iGaming Ontario agreement. AGCO regulated.
8 / 10
rating
Bwin Canada
  • Huge choice of betting markets
  • Live events and tournaments
  • Live poker options
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BetMGM
Your Bet Options
19+ - Gambling can be addictive. Play responsibly. - Connexontario.ca 1-866-531-2600. You must be at least 19 years old to engage in any gambling activity. BetMGM operates pursuant with the iGaming Ontario agreement. AGCO regulated.
7 / 10
rating
BetMGM Canada
  • Trusted betting provider
  • Early cash out
  • Multiple bet options
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FanDuel
Safe and secure provider
19+ - Gambling can be addictive. Play responsibly. - Connexontario.ca 1-866-531-2600. You must be at least 19 years old to engage in any gambling activity. FanDuel operates pursuant with the iGaming Ontario agreement. AGCO regulated.
6 / 10
rating
FanDuel Canada
  • Wide range of betting options
  • Great variety of promotions
  • Cash out options
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Unibet
Safe and secure operator
19+ - Gambling can be addictive. Play responsibly. - Connexontario.ca 1-866-531-2600. You must be at least 19 years old to engage in any gambling activity. Unibet operates pursuant with the iGaming Ontario agreement. AGCO regulated.
5 / 10
rating
Unibet Canada
  • Sports betting industry leader
  • Loyalty program
  • 24/7 client support
Since sports betting was finally legalized in Ontario, more and more people are enjoying its many advantages. This leads to more providers offering their services and obtaining licenses to function in this beautiful province of Canada. However, choosing a betting site may be a little difficult task, and all bettors are looking at different factors when making this choice, including the payment methods that are available.PayPal is one of the most wanted options at the moment, and is being used by over 6.4 million of people based in Canada. It is a safe and easy way to deposit and withdraw money, and it offers its many advantages. That’s why more and more betting sites are introducing this payment methods into the payment options section. Today we are about to tell you which are the best betting sites that offer PayPal as a payment option in Ontario this year.

Betting sites in Canada that do accept PayPal as payment

Bet365

Bet365 is one of the best betting providers in Ontario that offer to their clients more than amazing betting experience. The sportsbook is more than astonishing, and it covers some of the most popular and loved sports and events in Canada. Furthermore, the promotions are attractive, and the customer support is always available to resolve any issue that has appeared. When it comes to payment methods, Bet365 offers the service of PayPal and you can easily make a deposit or a withdrawal with PayPal when using this betting site. Overall, it is one amazing choice for all bettors based in Ontario.

Bwin

Bwin has always been loved by all sports bettors – thanks to the great betting experience it offers. Furthermore, the variety of sports is great, as well as the betting odds. We can’t forget to mention the great features offered by this provider, which definitely make the betting experience much better. Furthermore, for all users that prefer to bet on their mobile phone, Bwin offers great mobile application available. When It comes to payment methods, Bwin offers PayPal and many others, so you will surely be able to easily choose the one that fits you the most.

Unibet

Unibet is a betting provider that functions legally in Ontario and offers amazing benefits to all its users. Starting with the wide sportsbook that covers some of the best events happening worldwide, going through the amazing odds that ensure great winnings, and getting to all features that are loved by the players. There design of the website is also great, the navigation is easy, and the players can enjoy great promotions and offers all the time. When it comes to payment methods – PayPal is available, there are no taxes applied, and the withdrawals are always fast.

BetMGM

BetMGM is a betting provider with amazing reputation in Ontario. It offers many betting options, including sports betting markets, eSports, good odds and of course – attractive promotions for both the new and loyal users. If you want to bet with BetMGM you will surely be happy of the experience that you are about to have. We can’t ignore the amazing design of the website and the easy navigation. PayPal is one of many payment methods that are available, and it makes betting even easier.

FanDuel

FanDuel is one attractive sports betting provider in Ontario that functions under all needed licenses. It provides all its clients with great betting experience, it offers many promotions and offers for both the new users and the already registered ones, and of course – great gambling experience. If you are a fan of the beautiful websites with simple design – you will not be wrong if you choose FanDuel. The website offers good variety of payment methods too, including easy process with PayPal.

Pointsbet

One appealing Ontario sports betting site that holds all necessary licenses is PointsBet. It offers a great gambling experience to all of its customers, numerous promotions and offers for both new and existing users, and, of course, it offers a great gambling experience thanks to the many sports markets, attractive odds and much more advantages. You won’t go wrong with PointsBet if you want many promotions, easy navigation and always available customer support. Additionally, the website provides a wide range of payment options, including an easy PayPal process.

What to look for in a PayPal betting site

There are several things that you should be looking for in a PayPal betting site, despite the payment methods. After all, in order for you to feel good with the website, to be able to enjoy the advantages of sports betting, and to not encounter issues, you should look for the perfect betting site. Here are some factors that you should take into account when choosing a PayPal betting site:

Deposit and withdrawal limits

Most of the betting sites that accept PayPal usually have a minimum deposit requirement of $5-$10, but this may depend on the provider, so make sure you check it. When it comes to withdrawal limit, it always changes and depends on the website, so make sure you are choosing a platform with good limit for your specific needs.

Payout speed

The speed with which you can transfer funds into and out of your sportsbook account is one of the best sides of PayPal. Once you’ve found betting sites that accept PayPal, choose those that can quickly process withdrawals. You might be able to access your funds almost immediately at some sportsbooks. In reality, you should see your winnings in your PayPal account within a day or two. PayPal and sports betting sites take precautions to verify your identity and ensure that funds are transferred to the correct account

Sportsbook, odds and availability

Although flashy advertisements may entice you to some sportsbooks, you are not required to remain after creating an account there. Successful gamblers always look for the best betting lines across multiple betting platforms. You should always look for a betting site that offers competitive odds, great variety of betting markets, parlays of the same game, and of course – live betting. Although not all PayPal betting sites offer these increasingly popular bet types, they are now in high demand. There are sportsbooks that offer betting lines for every possible event. Some will restrict wagering to major sports leagues only. If you are a niche bettor, look through all of the sports that are available to see if the leagues, events, and types of bets you like are available.

Customer Support

You should always look for a betting site that offers high quality customer support. If you ever encounter some kind of an issue while betting with a specific provider, you should always be able to contact the support and resolve the problem. It is great if the website offers 24/7 live chat support, or agents that are accessible by phone, because mail is not the best option when you need a quick answer.

Safety

Isn’t the most important factor the security and safety? When looking at a betting site, you should always check the licenses and regulations of the provider. Yes, PayPal has its regulations and offers great security to its clients, but you should always pay attention to the security procedures of the betting site.

The pros and cons of betting with PayPal

As with anything else, betting with PayPal has its advantages and disadvantages. When you use a credit card or debit card to top up a PayPal balance, you will be charged a fee of 2.9% in addition to a fixed fee of $0.30 CAD. However, when you bet online, all transactions involving your existing balance are free, which may be one of the best sides of this payment option. Let’s not forget that you can also keep your banking information private using PayPal. When registering with an online sportsbook, you won’t be asked for the same information after linking a bank account to a PayPal account.

Pros

  • High level of security for your data
  • You can bypass banking hurdlers
  • No tax when depositing and withdrawing money from a betting website

Cons

  • There are taxes that must be paid when topping up your PayPal account with a credit/debit card

How PayPal keeps your funds secure

As we already mentioned, PayPal is one of the payment methods that lay a second layer of security on all your data. This is all because the many security technologies that are being used by the platform. Let us tell you more about these:

  • Email confirmation – Every PayPal withdrawal and payment results in an email confirmation. Contact PayPal support to start an inquiry if you receive an email without making a payment or receiving funds.
  • End-to-end encryption – this is the standard for safeguarding the protected correspondence of delicate information. Take PayPal’s encrypted language as an intricate set of signs that even the most experienced and knowledgeable baserunner cannot steal. With the utilization of public keys (put away on servers and used to scramble your own data) and confidential keys (put away locally and utilized by sportsbooks to unscramble your delicate information), pernicious programmers are left helpless without any means to capture your financial subtleties.
  • Security keys – For an additional layer of insurance, PayPal gives sports bettors the choice to utilize a one-time-use security key. You will receive a unique pin along with your password to access your account for each new PayPal session.

How to create a PayPal account

You still don’t have your PayPal account – but you want one? Well then you are definitely on the right place, because we are about to tell you how to open your account with this amazing platform. There are some simple steps you can follow – we have prepared them for you:

  • STEP: 1

    Go to the official website of PayPal or download the application from Google Play Store or App Store

  • STEP: 2

    Choose the Sign Up button

  • STEP: 3

    Add all the required data such as personal information, number and country of residence

  • STEP: 4

    Verify your account via the link in your mail

  • STEP: 5

    Link your bank account or a card to your account and follow the steps to do so

  • STEP: 5

    Choose the button ‘Transfer money’, it is placed under the account balance

  • STEP: 5

    Add money to your balance – now you have funds in your PayPal account

Getting started at betting sites with PayPal

Getting started at betting sites with PayPal is easy as it was to open an account. Once you complete the process,  you will be able to enjoy many advantages of both sports betting and PayPal. All you need to do is to follow the simple steps we have provided for you here:

Select the sportsbook you want to bet with

Make a good research and choose the best sportsbook based on your needs. Keep in mind that all sportsbooks are different and you need to choose the one that is best for you. If you prefer betting on your mobile phone, choose a provider that offers mobile app. If you can’t make a choice, you can always have a look at our reviews to see the best and worst sides of the betting sties.

Open an account

You should register in the betting website you have chosen. This is also not difficult and will not take more than a few minutes. You need to enter personal data, and then to verify it. That is all.

Deposit funds to your account via PayPal

go to the section where you can deposit money to your account. Choose PayPal as the method you will be using and enter the amount of money you want to use. You will be redirected to the website of PayPal, confirm the deposit and start betting.

Start betting

Now when you have deposited funds in your account you can choose a sport, event or anything else you want to bet on, and do it. Good luck!

Withdraw your winning

Once you decide that you are over with betting, you can just withdraw you winnings. You don’t need to pay taxes when making a withdrawal with PayPal, and it may take up to 2 days for you to receive your money.

FAQ

Yes, depositing fund with PayPal is fully safe procedure in Ontario, if you are using the services of licenses and approved provider.
No, not all sports betting websites in Ontario accept PayPal. Make sure you have found and chosen a provider that does, otherwise you will not be able to use this method.
Yes, BetMGM is one of the betting websites that are functioning legally in Ontario and accepting payments with PayPal.
When depositing money to a betting site with PayPal, there will be no taxes applied. However, there are taxes you should keep in mind when popping up your PayPal account with debit/credit card.
Yes, you can make withdrawals with PayPal in betting sites in Ontario, all you need to do is to choose a provider that offers that payment methods.