Reasons To Use PayPal For Online Betting On eSports

The evolution of eSports can be traced back to 1972 when the first known video game competition took place at Stanford University. Atari’s Space Invaders Championship brought eSports further into the mainstream in 1980 when it drew over 10,000 participants. However, it wasn’t until the 1990s that the popularity of eSports exploded thanks to global access to the internet. These days, countless people from all over the world take part in eSports and it has become big business. Just like professional sports, eSports draw large audiences and, just like with professional sports, modern venues such as the HyperX Esports Arena in Las Vegas have been built to accommodate spectators.

An estimated $6.7 billion was wagered globally on eSports in 2018 with most of those wagers being placed online. Since it is so easy to make deposits at online sportsbooks and online casinos using PayPal, an increasing number of eSports fanatics are placing bets and participating in this growing phenomenon. While PayPal distanced itself from the gambling industry in its early days, it is now one of the most popular payment methods for betting on eSports which is great news for eSports fans who want to use the most reliable payment processor to make instant deposits and quick withdrawals.

Easy To Open An Account

It takes just a few seconds to open a PayPal account and it couldn’t be a simpler process. It starts with a visit to PayPal.com where you can click on the “Sign Up for Free Today”. You are then asked to select your country of residence, enter your email address, and then choose a password. You will be directed to a new page where you are asked for a few more details and your new PayPal account is created. All that is left to do is link your bank account, credit card, or debit card and you are all set.

PayPal Is Accepted At The Best eSports Betting Sites

PayPal is accepted at over 10 million online businesses including PayPal online casinos and PayPal eSports betting sites. Funding an eSports betting account using PayPal is as easy as logging into your eSports betting account, clicking on the “Deposit” option, and selecting PayPal as your method of payment. Deposits are usually instant and they are always secure.

Using PayPal Is Safe And Secure

As a pioneer in online payments, PayPal sets the standard for preventing fraud and keeping your information secure. PayPal uses the most modern real-time anti-fraud tools and they closely monitor every transaction that takes place. All personal details are encrypted using the latest 256-bit SSL technology and financial information is closely guarded and never shared.

Earn Bonus Cash At eSports Betting Sites Using PayPal

Those who use PayPal for betting on eSports can cash in on some valuable bonuses. New customers who make their first deposit at Bet365 are eligible to receive up to $100 in bonus cash that they can use to bet on the next big DOTA2 event or any number of other eSports that are available for wagering on. There are plenty of other respected PayPal eSports betting sites that offer cash bonuses, free eSports bets, and other perks to those who use PayPal.

Instant Deposits, Fast Withdrawals, And High Limits

PayPal users love that their deposits at eSports wagering sites are instant and that PayPal allows them to deposit larger amounts than many other payment methods do. This is particularly convenient for those who want to deposit larger sums of money so that they can get the most out of their deposit bonuses and VIP program benefits. This also means that PayPal customers can normally make bigger withdrawals which get processed faster than many other withdrawal methods. Those who use a PayPal card have the added advantage of being able to access their money even faster because they need not wait for their funds to be transferred into their bank accounts. They can use their cards to withdraw directly from their PayPal accounts or to make purchases.

Conclusion

There are many reasons why there are over 254 million active PayPal users who combined to make around 7.6 billion transactions in 2017. PayPal users who have made deposits and withdrawals from their eSports betting accounts have experienced the benefits first hand and the growing popularity of PayPal means more people are enjoying these benefits every day. So, if you want to start betting on League of Legends, Counter-Strike: Global Offensive or any of the other wildly popular eSports then it would be well worth your while to take a few seconds to open a PayPal account.

the author

He’s a cat. He likes to play video games. He often has a hard time with this since he’s a gamer cat living in a gamer human world, but he gets by.