They were one of the first on the high street and it’s not much of a surprise that Ladbrokes are one of the first to accept Paypal deposits for on-line betting.
‘The Magic sign’ are not alone in this with Austrian based Bwin also allowing punters to transfer money from the web based wallet. Betting exchange Betfair also managed to get the system in place just in time for the Cheltenham festival too.
On the surface being able to use Paypal to bet on races is an excellent addition and it seems a shame that more of the major bookies don’t except payment in this way. It’s much easier to manage all your money on-line and for those who don’t have access to on-line banking this way of placing a wager can really help punters keep their betting money separate from their bank account without committing it all in a single account.
To start betting using one of the web’s best e-wallets is simple. First you need a Paypal account and all you require for this is a credit or debit card and a e-mail address. After going through the easy registration process there is a bit of a fiddle verifying your account but it takes less than 24 hours. Once your set up here it’s a simple case of going to Ladbrokes, BWIN and/or Betfair registering or logging into your account and depositing using the Paypal option.
The money is in and off you go and bet – Happy Punting.