You can absolutely deposit money into your online betting account with PayPal. Of course, if you do want to use this option, it is essential that you have a registered PayPal account in the first place. If you do not already have one, you will need to head across to the main PayPal web page and register for a new account this way. This is a process that takes just a few minutes to complete, and it is absolutely free to do. When you come to actually funding your betting account, all of the available deposit options should be shown in the cashier section of the site, and if you see PayPal, you are good to go.