How does Esports betting using PayPal work? Having reputable bookmakers providing PayPal as a payment option makes Esports gambling much easier for many users. Many of the most popular Esports betting sites will accept PayPal as an option, some include but are not limited to: Esports betting and PayPal is a match made in heaven as a majority of gamers will have used PayPal at least once before, if not on a regular basis. Since then it’s had its changes but has remained the same, with its main purpose being an easy way for people and companies to transfer money online. The revolutionary idea that is PayPal, was launched back in 1998.