Pros and Cons of PayPal on Tanzanian Betting Websites

Following our comparison table of the best Tanzanian betting websites that offer PayPal as a payment method, the Gazzetta team discusses the key pros and cons of PayPal on Tanzanian online betting websites.

Among the benefits, security is a major feature. PayPal places customer safety foremost, with high-grade SSL encryption software. It even compels customers to activate two-factor authentication for extra security. Such security is on par with other top Tanzanian payment modes.

Speed is the second benefit. PayPal users enjoy immediate processing time for deposits.

Lastly, convenience is a bonus: PayPal turns deposits and withdrawals into a few clicks.

There are some negatives, however. One is the risk of payment charges—although PayPal rarely incurs deposits or withdrawals, users may incur fees when they're paid from abroad (always verify the bookmaker's jurisdiction).

Also, the minimum PayPal deposit occasionally can be very large, depending on the site.

How to Trigger a Welcome Bonus using PayPal

Welcome bonuses are important when choosing a Tanzanian bookie. These are usually month-to-month and operator-specific.

You must get a welcome bonus by creating an account for betting and fulfilling the terms and conditions of the offer. Most sites need a first deposit, and PayPal is generally acceptable, unlike Skrill or NETELLER, which are most commonly unable to qualify for bonuses.

Thus, if you wish to take advantage of these deals, the easiest way is to deposit with PayPal.

How to Open a PayPal Account in Tanzania

It is simple to begin on a Tanzanian bookmaking site that supports PayPal. Below is how to sign up for PayPal:

• Visit the official PayPal page or download the app on your mobile phone.
• Click "Sign Up", enter your email address, and create a password.
• Verify your new account via email.

Second, fund your PayPal by linking your bank account (either using IBAN or local banking details). After linking, you can transfer funds from your bank to your PayPal account.

Third, go to your chosen betting site, click on "Deposit", and choose PayPal. You will be directed to the PayPal page to complete your payment.

How to Deposit at a Betting Site via PayPal

After you have your PayPal account up and running and linked, this is how you deposit:

• Log in to your betting account.
• Select "Deposit", then choose PayPal as the payment method.
• You'll be prompted through a pop-up window to log in to your PayPal account with your details and verification code (sent by SMS or email).
• Verify your amount of deposit—at least the site's minimum figure—and your betting wallet will immediately be topped up.

How to Withdraw from an Online Betting Site with PayPal

It is as simple to withdraw money:

• Log in and select "Withdraw".
• Choose PayPal as the payment method and type in your desired figure (subject to limits).
• Confirm, and your PayPal will have the money in 2–3 working days.

PayPal Fees, Timeframes, and Limits in Tanzania

As per our comparison, all Tanzanian-suitable PayPal bookmakers accept deposits as low as TZS 12,000 (about €5). The minimum is intended to attract a great number of users.

This is the list of popular bookmakers that support PayPal, with their withdrawal times, limits, and fees. All the sites mentioned don't include any fees in using PayPal except a few with high-frequency withdrawals.

Bookmaker	Withdrawal Time	Min Deposit	Max Deposit	Max Withdrawal	Fees
Eurobet	24 hours	€5	€5,000	€5,000	None
LeoVegas	Instant	€10	€4,000	€10,000	None
bet365	1-5 business days	€15	€10,000	€8,000	None
Snai	24-72 hours	€10	€500	€5,000	Limited free withdrawals
Planetwin365	1-2 business days	€5	€20,000	€10,000	None

What is PayPal and How Does It Work?

PayPal is the largest online payment processor and e-wallet in the world. Founded by Max Levchin and Peter Thiel, with early participation by Elon Musk, PayPal emerged as a leading player in international e-commerce in a matter of a very short period of time.

Since becoming part of the eBay group in the early 2000s, it has become the go-to method for online gambling transactions. It is popular because it is so easy to use: after your account is established and linked to a bank, choosing PayPal as a payment option is almost instinctive.