Playing at Paddy Power means making deposits, and the site offers a range of payment method options to let UK customers withdraw and deposit funds quickly.
Whether you have an existing Paddy Power account that you are just returning to or are setting up an entirely new account from scratch, knowing the accepted payment methods can be an important part of using the site properly.
This article will explain the details you need to know about Paddy Power deposit options and withdrawal methods.
- Depositing Money into Paddy Power
- Alternative Way To Top Up Paddy Power Betting Account
- What is the Minimum Deposit at Paddy Power?
- What is the Maximum Deposit to Paddy Power per day?
- Withdrawing Money from Paddy Power
- Why Can’t I Withdraw from my Paddy Power Account?
- What is the Maximum Withdrawal from Paddy Power per day?
- Does Paddy Power have a maximum payout limit on individual bets?
- Why do different payment method and withdrawal options matter?
- Does Paddy Power accept bank transfer payments?
- How long do bank transfer withdrawals take?
- Does Paddy Power accept debit and credit cards?
- How long do card withdrawals take?
- Does Paddy Power work with PayPal?
- How long does a PayPal withdrawal take?
- Does Paddy Power work with Skrill?
- How long does a Skrill withdrawal take?
- Does Paddy Power work with Bitcoin?
- Other Payment Platforms Accepted by Paddy Power
- Invalid Payment Platforms
- Does Paddy Power put restrictions on accounts?
- Payment Methods Related Articles
Depositing Money into Paddy Power
Paddy Power allows users to deposit funds quickly through various payment methods.
The first of these is the quick deposit feature that uses your debit card. The process is surprisingly simple:
- Click on the Deposit tab next to the “My Account” option.
- Double-check your card details for the quick deposit system.
- Enter the amount that you want to deposit.
- Select the “Deposit” button and finalise the payment.
Alternative Way To Top Up Paddy Power Betting Account
Outside of the quick deposit system, you can use multiple alternative payment methods to deposit into your Paddy Power balance instead.
- Open the “Balance” tab.
- Click on “Deposit”.
- Choose your preferred deposit method from the available payment method options.
- Enter the amount that you want to deposit and finalise the payment.
What is the Minimum Deposit at Paddy Power?
The minimum deposit at Paddy Power is £5. This is cheaper than many other sites, but remember that some bonus features require a larger deposit amount.
Note that deposits may take some time to reach your account, depending on the platform used.
What is the Maximum Deposit to Paddy Power per day?
You can deposit a maximum of £25,000 to your Paddy Power account daily.
There is also an optional deposit limit option, allowing you to limit how much you can deposit if you try to break bad habits or bet more responsibly.
Withdrawing Money from Paddy Power
Withdrawing your funds from Paddy Power is relatively simple and can be done directly through your Paddy Power account.
- Go to the “Balance” tab – the small arrow next to your balance on the Paddy Power website.
- Click on “Withdraw” next to the “Main Wallet” section.
- Choose your payment method through the drop-down box.
- Enter the amount that you want to withdraw.
You can only withdraw from your main wallet and not from game-specific wallets.
This means that you will want to transfer the money into your main Paddy Power account balance before you try to withdraw.
Why Can’t I Withdraw from my Paddy Power Account?
There are many reasons why your Paddy Power account balance may not allow you to withdraw.
This could include withdrawal limits added due to misconduct, or your money may be spread across game-specific accounts instead.
The closed-loop policy at Paddy Power means that withdrawn funds must be returned by the same payment method you used to deposit account credit.
Talk to customer support if you want to know more about what this means.
What is the Maximum Withdrawal from Paddy Power per day?
The limit for withdrawals from your Paddy Power account is £2,000 daily.
If you have won more than this, you must withdraw it multiple days.
Does Paddy Power have a maximum payout limit on individual bets?
Specific games at Paddy Power have their own payout limit, which is important to know before you make a new deposit and place bets.
While there is no minimum amount, notable game limits for maximum payouts include the following:
- Full-Service Horse Racing – £1,000,000
- Ante-Post Horse Racing – £200,000
- Virtual Horse Racing – £50,000
- Other Horse Racing bets – £50,000
- Ante-post Greyhound Racing – £100,000
- Full Service All BAGS/BEGS Greyhound Racing – £100,000
- Live Greyhound Racing – £25,000
- Virtual Greyhound Racing – £50,000
- Other Greyhound Racing bets – £10,000
- Soccer – £500,000
- Golf – £250,000
- Gaelic Athletic Association – £100,000
- Paddy’s Millions Lottery Betting and Euro Lottery Match 5 – £1,000,000
- General Lottery Betting – £250,000
- General Sports Betting – £100,000
- General Betting – £25,000
Why do different payment method and withdrawal options matter?
Paddy Power is a Channel Islands, United Kingdom and Ireland betting site that offers a wide range of games.
However, for legal and security reasons, not all payment sources are considered valid, and many have their own quirks that make them specifically good in different situations.
Each deposit and withdrawal option boasts different open banking access options, processing time and withdrawal times, rapid transfer times, minimum amount of deposit limits, and countless other details.
While restricted locations (such as the following countries; Austria, Finland, Germany, Isle of Man, Italy, Norway, Sweden and many other countries) are not a part of the problem, choosing the right accepted methods of payment can be important for getting the results that you want.
Even if you wish to deposit through alternative methods, you must be sure that the site allows it.
For example, credit cards are not used on the site for legal reasons, so you can’t even deposit the minimum amount possible into your account with them.
See below for further information on platforms that can and cannot be used.
Anything that works similarly to a bank transfer deposit (you are spending money that you own) should be fine. Still, the site mostly only accepts the popular alternative payment types.
More importantly, the differences between platforms can be important for the user.
While it might not impact net deposits or your total winnings and withdrawals, different platforms may offer unique rapid transfer and withdrawal times or a faster processing than another method.
For example, if you want to transfer money into your poker wallet rapidly, the processing time of some tools may make that rapid transfer less reliable.
A long processing time can also slow down withdrawals.
Does Paddy Power accept bank transfer payments?
Customers can use a bank transfer to deposit money directly into their accounts if they do not want to (or can’t) use tools like Apple Pay.
While this requires moving the money straight from your bank account, a bank transfer is a relatively reliable way to deposit funds.
Note that a bank transfer can also be used to withdraw money, but this can take longer than other ways you can withdraw funds.
Even so, moving the money right into your bank account can be a good reason to use a bank transfer if you prefer avoiding middlemen.
How long do bank transfer withdrawals take?
A bank transfer can take at least 24 hours to process, often reaching 2-3 days. This makes bank transfers slow.
Remember that bank transfer payment also take weekends into account.
Bank account processing times and opening hours may lead to situations where it takes five days to move your money into your bank account.
Does Paddy Power accept debit and credit cards?
While Paddy Power does not accept credit card deposits, withdrawals are still allowed.
This restriction can also apply to certain e-wallets: for example, if your PayPal account uses a credit card, it may be rejected under the same restrictions.
Debit cards can be used for both deposits and withdrawals with minimal issues. These follow all of the usual deposit limits and requirements.
The Paddy Power Play Card and Paddy Power Cash Card are prepaid card options used specifically for the site, akin to debit card payments.
Contact the site’s staff if you want to know more about the Cash Card prepaid card.
How long do card withdrawals take?
Using a card as your withdrawal method can take 2-5 working days. Some debit cards may allow instant withdrawals, but this varies from debit card to debit card based on the company issuing it.
You can cancel credit cards by midnight that same day (or the following day if you made the debit card withdrawal after 8 pm).
The minimum withdrawal amount to a credit card or debit card is £0.01.
Does Paddy Power work with PayPal?
Paddy Power works with most standard e-wallets, such as PayPal. As long as your PayPal account does not use a credit card (it requires bank transfers or debit cards), you can treat it like a valid deposit tool.
Customers can only use their own PayPal account, not those registered with another person. The minimum PayPal deposit amount is £10.
How long does a PayPal withdrawal take?
Withdrawals from your Paddy Power account to your PayPal account can take between 4 and 24 hours, with a minimum withdrawal amount of £1.
Does Paddy Power work with Skrill?
Skrill is a valid deposit and withdraws method for Paddy Power, allowing near-instant deposits.
However, depending on your connection, these payments may be slower than expected.
How long does a Skrill withdrawal take?
Using a Skrill account as a withdrawal method tends to require a processing and security wait time between 4 and 24 hours, like PayPal.
However, the withdrawal itself is near-instant.
Does Paddy Power work with Bitcoin?
Paddy Power does not work with Bitcoin or any other cryptocurrency.
To bet with crypto, you must turn it into cash through another payment method.
Other Payment Platforms Accepted by Paddy Power
There are many lesser-used payment method options out there to choose from.
If you want to use certain payment methods in a swift and easy process, then it is important to know whether or not you can use that payment and withdraw option properly.
Valid Paddy Power payment platforms include:
- Google Pay
- Apple Pay
- Phone ID bill payments
Most of these will appear as PP online in your bank statement. While this is not always the case, it can be important to remember which platform you use if something happens.
Paddy Power is only responsible for things that happen on their side, like the Paddy Power withdrawals process.
If your Neteller account fails to send Neteller deposit funds, you would need to talk to Neteller about a problem with their site rather than Paddy Power.
Invalid Payment Platforms
There are certain payment options that Paddy Power does not currently accept.
These alternative payment method choices are not suitable for use with Paddy Power and are either restricted or only usable in specific circumstances.
Invalid Paddy Power payment tools include:
- Amex (although it can be used to withdraw funds)
Does Paddy Power put restrictions on accounts?
You can have your Paddy Power account hit with restrictions if you violate the terms of service or are suspected of trying to game a system meant only to be used in a certain way.
For example, verifying your account with a fake photo ID later found to be false will usually get your account suspended.
This also includes making multiple accounts to take advantage of bonus offers or charging back PayPal deposit funds to try and keep your money and the funds on the site.
Suppose you need further information about how specific methods for deposits and withdrawals work.
In that case, you can reach your account payment details and other vital information from the home page of the Paddy Power site.
Payment Methods Related Articles
If you have enjoyed this Paddy Power Payment Methods page, here are some other articles related to deposit and withdrawal details you may also like: