KoG betting sites that accept Paypal
Many esports betting sites accept Paypal as a payment method, and it is no wonder, as Paypal is by far the world’s most popular e-wallet. In this article, we will go deeper into details about how to use Paypal at KoG betting sites.
[table id=50 /]
Using KoG betting sites with Paypal
King of Glory, or KoG, is a MOBA esports game that was published in 2015. You can place bets on this super popular esports game at the biggest and most popular sportsbook sites, for instance at Bet365 and Mr Green. And best of all, as reputable sites, they work together with Paypal, offering you a possibility to deposit with this popular ewallet.
As Paypal only works together with reputable sites, you can be sure that your gaming experience is the best possible one. Just pick one of our recommended online sportsbooks and you can make deposits with Paypal and get to enjoy the best esports games.
On our list, you will find the best esports betting sites that accept Paypal as a payment method.
[fly_topsites num=3 orderby=’order’ ]
How to deposit at sportsbooks using Paypal
When it comes to ewallets, Paypal is by far one of the most popular ones. It was launched already in 1998 and today it processes over a million transactions a day. It’s no wonder, because using Paypal is very easy and best of all, free.
Before you can make deposits with Paypal, you have to have your own Paypal account. Opening it takes only a few minutes and it is free: all you have to do is fill out a registration form. Then, you have to link at least one payment method with your account. You can link your credit cards, such as Visa, Mastercard, Amex, Dela, Solo and Switch as well as your bank accounts.
If you wish, you can add funds to your Paypal balance from your linked cards or bank accounts, however, this is not a requirement in order to make deposits at sportsbooks.
After your Paypal account is open, head over to your sportsbook and choose Paypal as a deposit method. Type in the amount you want to deposit and log in to your Paypal account after the sportsbook redirects you. Choose the payment method you want to use and confirm the transaction.
The deposit is in your sportsbook account immediately.
How to withdraw with Paypal
Usually sportsbooks require you to withdraw with the same method you used for depositing. Withdrawing with Paypal is easy, as all you need to do is to make a withdrawal request and wait for it to be processed. Processing times vary from sportsbook to sportsbook, but it is normally 0-3 business days.
When the sportsbook has approved your request, your winnings will be in your Paypal account in minutes.
Benefits to using Paypal
Paypal is 100% safe and secure, and it is especially known for being able to catch fraud quickly. This is only a positive thing for its users.
Also, Paypal is available at many online sportsbooks and casinos as well as regular online stores. You can even send money between friends and family. It only takes a few minutes to pay and best of all, it is totally free.
You can even keep track of your spending easily and keep your receipts.
Disadvantages of using Paypal
The only real disadvantage of Paypal is, that it charges fees from merchants when they receive payments. Thus a merchant may add a small fee for your payment to cover the fee that Paypal takes out from them.
Similar or Alternative Paypal options
[table id=54 /]
History of Paypal and gambling
Paypal is one of the oldest ewallets today: it was founded already in 1998. It was a great time for Paypal to launch, as around this time, online sportsbooks and casinos were booming and growing. Paypal processed many gambling related transactions, until the US gambling laws changed in 2006.
This is when it became illegal for financial institutions to process gambling related payments. So, Paypal had to withdraw from the US market, and it also withdrew its services from other online casinos as well,
However, in 2008, Paypal started coming back to iGaming markets slowly but surely. Nowadays, many online sportsbooks, such as Unibet and 88Sport, use Paypal, but Paypal is in fact very picky about who it chooses to work with.