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Guide to PayPal betting in New Zealand: 2024

Written by
Checked by Elena I.

One of the world’s largest payment providers, PayPal, is now available for New Zealand bettors to fund their sportsbook accounts. It is not only fast but also highly secure and free of fees.

Although restricted to a handful of sites, our experts have evaluated and handpicked the most exceptional PayPal betting sites in New Zealand. Each site is rated under the same criteria: safety, usability, markets, odds, and sports range.

Sportsbook Logo Odds rating Bonus Go to sportsbook Button Show more T&C
1
neds logo
Neds sportsbook review
86/100 Expert rating by Elena I. 76% Playscore based on 100% up to $200
Read review

Good to know

  • NZ$5 minimum PayPal deposit
  • Excellent payment suppport
  • 1-3 day withdrawals

8 payment methods

Visa
Mastercard
PayPal
PayID
POLi
Bank Transfer
BPay
Cash In
Read review
2
ladbrokes logo
Ladbrokes sportsbook review
89/100 Expert rating by Elena I. 81% Playscore based on 100% up to $250
Read review

Good to know

  • Instant PayPal deposits
  • Same-day PayPal payouts
  • No fees applied

8 payment methods

PayPal
POLi
Bank Transfer
Visa
Mastercard
BPay
PayID
Cash In
Read review
3
sportsbet logo
Sportsbet sportsbook review
77/100 Expert rating by Elena I. 70% Playscore based on
Read review

Good to know

  • 35+ sports available
  • Live streaming
  • Knowledgeable customer support

6 payment methods

Visa
Mastercard
BPay
Bank Transfer
POLi
PayPal
Read review

Editor's note

This overview is based on the current offer in New Zealand; the information you see, and our toplist, may change as the market grows. Rest assured that we’ll keep our data updated to reflect the latest offer for Kiwi players.

As for the rankings, our aim is not to regurgitate our top list of sportsbooks in New Zealand, but to give you a comprehensive overview of which sportsbooks in New Zealand are best for PayPal payments. If you see a sportsbook high up but with a lower score, it simply means that this sportsbook offers better PayPal payment terms than the rest.

Betting sites that accept PayPal: best by category

We do not want to restrict you when you choose online bookmakers that accept PayPal betting. We know you will look at other betting features when you choose PayPal sportsbooks. With that in mind, we also rate each PayPal website on other criteria.

For instance, mobile betting might be important, so choosing betting apps that take PayPal is important. You should focus on a site with a wide selection of sports betting markets, so we list these too. Alternatively, playing at the newest site might be important for your online betting experience. 

When looking at the best sports betting sites accepting PayPal, we also check out the best PayPal betting sites with early cashout options. We check that if you want to use PayPal and get speedy payouts. Finally, we see which sites have instant deposits with PayPal too. 

CategoryOur winner
Fastest transaction processingLadbrokes sportsbook
Best for withdrawals Neds sportsbook
Safest transactionsSportsbet sportsbook
Best customer serviceNeds sportsbook
Best for mobile paymentsSportsbet sportsbook

Choosing the best PayPal betting sites

Finding sites with sports betting accounts that accept PayPal can be hard, especially as you want those sites to offer strong features. That’s why we review the main criteria for each sportsbook right here. Then you can look for yourself and see if you agree with our assessments or rate them yourself.

5 Keep Eye On Bet Limits

PayPal transaction limits 

When you sign up for a PayPal sports betting site, one of the many things you need to consider are the transaction limits. This can refer to those set out by the sportsbook and those imposed by PayPal itself.   Of course, there are some PayPal payment method restrictions in place. For instance, you can only sometimes deposit a small amount. However, when we check this for each sportsbook, we want to see a site offering you the chance to deposit as large a sum as possible. Top sportsbooks will allow you to deposit around NZ$10,000. More than that, and we’re giving the site an even better score.   Typically, the best sports betting sites will also have a very low minimum limit for PayPal deposits, usually around NZ$10, which is ideal. Sites with higher limits than this, around NZ$50, should be avoided. 

Deposit Tip 03

Deposit and withdrawal times

When making a transaction, we want to see things moving speedily along. And we’re sure you do too. How is this when it comes to PayPal betting sites?   Typically, Paypal deposits are instant, which we expect from all sportsbooks. Withdrawals will take longer, and this is due to pending periods. However, the best sportsbooks will have your money winging its way to you in as little as 24 hours when using a PayPal account, which is excellent compared to the 3 days plus for a bank transfer. Additionally, a 48-hour turnaround is considered acceptable by us too. Any longer than that, and we’re going to look elsewhere.   Generally, top sportsbooks will also have no fees in place when you use PayPal, and that’s what we want to see. But if there are fees, these need to be transparent. 

It Betting Payment Tip 03

Available betting markets

If you’re betting online, you will want many sports betting markets to enjoy. These days, the top NZ sportsbooks should offer at least 25 sports betting markets, if not more.   If we’re honest, a site offering less than this is not worth your time or money. We also want to see many betting options within the betting markets. And, across the different sports, we want to see that the site offers domestic and international events. Finally, it’s always great if the site focuses on something other than the most popular sports.   Bonus points include bookies offering PayPal esports betting, novelty options and politics. If there are no PayPal esports options or only minimal markets, the site gets a no from us. 

Stacked coins and a deposit amount indicator

Odds

Competition is key when signing up for a new online betting account. After all, you will want to stretch your funds for as long as possible. When we look at the sportsbooks, we check the odds to see if they are competitive.   To do this, we calculate the payout percentages of each betting site by taking ten bets from each sport. The site must have around a 95% payout for a good score. This demonstrates that the bookie is matching, or even exceeding, the odds of other sportsbooks. Truly excellent sites will have payout rates around the 97% mark, which is impressive. Anything under 93% is a site we do not recommend wagering at.   However, be aware that live betting payouts always tend to be significantly lower, and for these live markets, 93% is acceptable. 

Safety

Being safe and secure online is key. We will never recommend that you play at a site that does not have a licence. Given that NZ does not offer its licences and that you can only play at overseas sportsbooks, we will always take a look at the licensing jurisdiction for you.   The best licences come from the UKGC and the MGA (the UK and Malta, respectively). These licences should be displayed at the bottom of the page or found in the PayPal betting sites FAQs. Several Australian sportsbooks are also available, and the Northern Territory Racing Commission licenses these.   In addition, top sites should have 256-bit SSL encryption or more to protect your data. Responsible gambling protocols should be advertised and easily accessible on the site too. If they’re not, we won’t trust that site. 

Read Reviews 02

Betting app offering

Playing on the go is becoming a more sought-after feature for betting sites. Sportsbooks should have a strong mobile platform, a mobile browser site, and an app to get top marks.   Both mobile platforms should be fully scalable to fit tablet and mobile screens. Better still, they should also be compatible with Android and iOS devices. We will only score a site down if there is a betting app. The key is that the mobile browser version of the site works well. If it offers the same features and functions as the desktop site, working smoothly and glitch-free, we still give it a good score.   Betting sites that are glitchy, slow or lack some desktop features will lose points and score lower. 

Rating System 03

Customer support

It may be something that only some of you think about, but you must have access to strong support options when playing online.   The best sportsbooks will give you three or more different support options. One of these should be available 24/7, ideally the live chat. In addition, the live chat should have a speedy response time (we like to see less than five minutes) and be operated by a real person, not a bot. Sites with live chat and good response times need 24/7 support to get an average score.   It’s also good if the site has a detailed FAQ section. It has tips on payment options and includes information on how to use your PayPal account to make transactions.

Pros and cons of PayPal sports betting

So, you’ve made it this far. But is PayPal one of the betting payment methods for you? Several pros and cons are associated with using PayPal for sports betting. Because of this, we will look at these and see if the pros outweigh the cons (a little secret here, we know they do!). Take a look below. 

  • A trendy option that’s accepted at a growing number of sportsbooks 
  • Safe and secure, PayPal uses its third-party platform offering you anonymous payments when using your online betting account 
  • Fast transactions are a constant across the board, with withdrawals typically processed in less than a day 
  • A PayPal account is straightforward to set up and use, partly due to the easy app
  • PayPal fees are in place if you want to transfer money from your PayPal account to an ATM though these tend to be minimal 
  • Not always available at NZ sportsbooks, so you may have no choice but to pick a different payment method

One of the great things about PayPal is that it also offers a lot of extras. You can avoid ATM fees by using the PayPal extras Mastercard. Then, you can withdraw from an ATM using this Mastercard free of charge, which is great.

It Betting Payment Paypal

Betting with PayPal: beginner’s guide

If you’re still with us, you are still considering making a PayPal account. How do you do this and then use this PayPal account to fund your sportsbook? Well, that’s exactly what we’ll go through right here. Of course, a few more steps are involved, especially if you compare this method to making a bank transfer. 

The first step is actually to get a PayPal account. To do this, you must go to the main PayPal home page and sign up there. The process is relatively simple but will require you to provide your ID and proof of address to verify your PayPal account from the outset. Take a look below as we outline the full process. 

How to deposit with PayPal

A PayPal deposit is straightforward to set up. They’re even easier than a bank transfer and, of course, much faster. The first step is to log in to your PayPal account so that you can properly authorise any payments. To help you out, here’s how to deposit in a few simple steps. 

  1. Create your PayPal account: Go to the PayPal home page and get a free account by providing all the required details. 
  2. Sign up to a sportsbook: Make sure it accepts PayPal. You can check out our list of PayPal sportsbooks right here. 
  3. Head to banking: Also known as the cashier section, once you’ve created your account, you can select the payment method you’d like to use. 
  4. Set currency: Depending on the sportsbook, you may need to set your currency before depositing. Do so right away, as you may get pinged with conversion charges down the line if you don’t. 
  5. Choose PayPal to deposit: Type in the amount you’d like to deposit and follow the instructions. 
  6. Log in to PayPal: When prompted, you’ll have a popup window where you sign in to your PayPal account to authorise the payment. 
  7. Wait for the money: Deposits are instant, and you’ll be up and running, placing your bets immediately. 

It is a very straightforward thing to make a PayPal deposit. Excitingly, there are also no fees in place. There are some limitations to the amount you can deposit at any time. That said, this is still usually very high, catering to even the high rollers. 

How to withdraw with PayPal

Generally, if a sportsbook accepts PayPal deposits, it will allow withdrawals with this payment method. So, if you do get a win, how can you claim it? Well, all you need to do is follow the steps outlined below, and you’re ready to get started and get your hands on any funds you’ve won. 

  1. Login to your sportsbook account 
  2. Go to banking: Choose PayPal as your preferred withdrawal method. Often, the sportsbook will automatically select this if you’ve deposited with PayPal already. 
  3. Check wagering requirements: Before requesting a payout, check that you’ve met any rollover requirements with the funds, especially if you’ve used a bonus. 
  4. Type the withdrawal amount: Go through any security steps and confirm the withdrawal. 
  5. Verify your account: If this is your first withdrawal, you may need to verify your account before the payment can be processed. You’ll need to provide a government-issued ID and proof of address. 
  6. Wait: the pending time can be as much as 48 hours but can be less. 
  7. Enjoy your winnings! 

For the most part, sportsbooks prefer it if you use the same withdrawal method you used for making the deposit. This makes it a whole lot easier. And, to speed up the process for future transactions, you can also opt to save your PayPal details in your sportsbook account. 

Our top tips for using PayPal for sports betting

PayPal is already one of the best payment methods out there, thanks to a number of excellent features. Not only is it super fast, but it’s easy to use and very accessible. But there are things you can do that will further boost your ability to make transactions with this payment method. Take a look below at our PayPal top tips! 

Laliga Tips 05

Set your budget

Set a budget and stick to it.

No Deposit Sweepstakes Tips 06

Use the same currency

Make sure your PayPal account is in the currency you’re using on the sportsbook.

Check your app

Track all your PayPal transactions in the app.

Bet Limits

Set limits

Set limits on deposits from your PayPal account.

Transfer your funds

After winning, transfer funds to your bank.

Beating out many other payment options such as a bank transfer, PayPal excels simply because it can track payments conveniently. The fact that there is a useful app and 2-step authentication makes this one of the most secure methods for sportsbook transactions. It’s also got multiple features to protect you and your payments.

Alternatives to betting sites that take PayPal

While PayPal is an excellent option for online betting, it’s only for some. Additionally, it’s only starting to emerge as a payment option at many NZ sportsbooks, so your favourite sports betting site has yet to have this option. With this in mind, there are several PayPal alternatives you can consider using. 

If you want to maintain those speedy transaction times, consider e-wallets. Some of the best options include Neteller and Skrill, which offer similar features and functionality to PayPal. Prepaid cards are also great for providing a secure online betting option and are a preferred payment method for many. 

  1. Skrill — A popular e-Wallet offering similar features and functions as the PayPal app. This e-Wallet is a great alternative if you want fast deposits, but PayPal is not accepted. 
  2. Apple Pay — Great for those on the go, Apple Pay is a top option for speedy payouts. You can remain more anonymous, too, as you don’t have to provide any card or account details as you would when using credit or debit cards for online betting. 
  3. VISA — If security is your thing, then VISA is the way to go. Though withdrawals are slower, it’s available at all NZ sportsbooks, making them the most accessible option. It’s also incredibly secure. 

If security is a priority, making the most of credit or debit cards is a great way to go online. Card payments are perfect if you want that next-level security. Top options include VISA and Mastercard. For the best option, choose debit cards and avoid any potential fees that card payments often incur when online betting. 

FAQs

Can you use PayPal at online betting sites?

Yes, you can use PayPal to make a bet at an online betting site. If the site accepts PayPal, you can use it as a deposit or withdrawal method. You can use your PayPal mobile app for faster deposits when PayPal gambling or you can go to the PayPal login page in the banking section of the online sportsbook you have chosen. This e-Wallet is easy to set up and use when making secure transactions to and from your sports betting account. 

Which are the best betting sites that use PayPal?

Currently, there are few online bookmakers in NZ accepting PayPal deposits. However, Ladbrokes, William Hill, Sportsbet, Neds and BetVictor do. As such, this makes them some of the best PayPal betting sites. You can make PayPal deposits and PayPal withdrawals on all of these sites. All you need to do is sign up, choose PayPal and input your PayPal login details when you go to the banking section of the online betting site, and you’ll be good to go. 

How do you make a PayPal deposit at online betting sites?

Making a PayPal deposit is very easy. First, you do need to sign up to get a PayPal account. Then, all you need to do is go to the sports betting site you have chosen and go to the banking section of that site. Select PayPal and then use your PayPal login to authorise the deposit. Make sure the PayPal deposit you make fits within limits set out by the sportsbook that accepts PayPal so that the payment goes through. 

Can you withdraw from betting accounts that accept PayPal?

Yes, you can make a PayPal withdrawal from sites that accept this payment option. Make sure that you check that the sportsbook will accept PayPal withdrawals before you sign up. Making a withdrawal using PayPal is very easy. All you need to do is sign in to your PayPal account and then go to the banking section of the sports betting site. Type in the withdrawal amount and confirm. Depending on the site, it can take up to two days to appear in your PayPal balance. 

Are PayPal betting sites safe?

Yes, PayPal is very safe to use. The company uses some of the top security protocols in place. Additionally, more than just sports betting sites can use and offer PayPal. This is because the company has an approval process in place too. Essentially, the sportsbook has to prove that it’s legit before this e-Wallet will permit payments through its system. PayPal also has a fraud team, so suspicious payments are flagged in the app.

Sources

  1. https://www.paypal.com/ms/webapps/mpp/what-is-paypal

Betting payment methods: other methods you might be interested in

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