Online Gambling Real Money Paypal
Things have changed considerably for lovers of gambling over the past few years. In less than a decade, online gambling has exploded in popularity and become a multi-billion dollar industry worldwide.
In those dark days before the revolution of always on broadband and omnipresent social media, trying to gamble online with real money was a precarious business and best avoided altogether. These days, online gambling is completely legal in many countries around the world, and properly regulated to ensure the safety of customers and businesses alike.
PayPal vs other Real Money Deposits. Fortunately, PayPal is selective when it comes to the gambling site operators that they allow to use their service. This means that seeing their logo on an online bookmaker’s website is a great sign. We Recommend PayPal for Playing Real Money Casino Games Online. PayPal is a top choice for making deposits and withdrawals at online casinos in the USA. It is quick and easy to use while offering you the highest levels of protection and security. The ultimate list of best Online Casinos to play real money games with PayPal is here. Best PayPal games, bonuses, and mobile Casinos included. Playing Online Blackjack at PayPal Casinos for Real Money The types of blackjack games with PayPal you can play may very well depend on where your casino is located. UK casinos accept PayPal, so playing.
Best Online Casinos that Accept PayPal:
As online gambling’s popularity has increased, the number of available payment methods has also naturally expanded. One of the most popular funding solutions for many people is PayPal – a secure and convenient way of sending and receiving money online.
With a solid track record spanning more than fifteen years behind it, PayPal is the leading online e-wallet solution and works with 25 different currencies and in 180 countries world-wide. The company was taken over by eBay in 2002 and spun off into a separate company in 2014.
Though PayPal dominates the e-wallet landscape, there are solid alternatives out there that offer much of the same functionality. The most notable of these are Skrill and Neteller.
Table of Contents
1) PayPal’s Policy Towards Online Casinos
2) How To Use Paypal At Online Casinos
3) Online Casino Software Providers You’ll Find At PayPal Casinos
4) Pros And Cons Of Using PayPal At Online Casinos
5) Alternatives To PayPal For Funding Online Casino Accounts
6) What’s Going On With PayPal Casinos And What We Can Expect In 2020
7) Review Of The Best Online Casinos That Accept Paypal
PayPal’s Policy Towards Online Casinos
The one potential snag with online casinos and PayPal is that every single online casino accepts PayPal but you’ll find that nearly all reputable ones do. In fact, the mere fact that a casino takes PayPal can be an excellent sign as to its overall security and reliability. PayPal imposes strict requirements on businesses using its services and supervises them actively. If they receive a number of valid complaints regarding a specific online casino, it will ban their account and cease working with them.
From the point of view of gambling providers, the most notable fact about PayPal is that it works only with online casinos that have a gambling license in the country of the player. For example, a user with a PayPal account from the United Kingdom will be allowed to deposit from his PayPal account only if the online casino has a gambling license in the United Kingdom. The costs of obtaining a gambling license in each of the European countries is considerable but it’s an excellent sign that you’re dealing with a reputable online casino.
From the casino’s point of view, PayPal puts hurdles in their path but it’s a solid trust sign for users, and even though this payment provider has more strict requirements for them, they know that offering payments through one of the most popular ewallet in the market translates in convenience for their users.
How To Use Paypal At Online Casinos
Opening a PayPal account is a straightforward affair. All you need to get going is a valid email address. Once you’ve set up your basic account, you then have options for connecting it with whichever credit card or bank accounts you choose.
When it comes to actually using your PayPal account with online casinos, there are a few key points to bear in mind:
Deposit and Withdraw - Most of the providers we recommend will accept PayPal for both deposits and withdrawals, but you’ll want to keep an eye out for conditions here. Some online casinos will only allow you to deposit via PayPal, for example. Other casinos may impose withdrawal restrictions such as only being able to withdraw via PayPal when the amount involved doesn’t exceed your initial deposit. Always be sure to check the small print before signing up to a casino.
Another aspect to keep in mind in this regard is the cashing out time. With PayPal, it’s usually much faster than other alternatives (1-3 days), whereas credit card withdrawals can take almost a week.
Minimum Deposits: You’ll usually be asked to deposit a minimum amount of between $10-$25, but there are exceptions to this general rule.
Countries where PayPal is accepted: Online casinos with PayPal options don’t accept deposits and withdrawals from all countries. Locations where you can usually expect things to work are: Germany, Spain, UK, Ireland, Italy, Portugal, Finland, Denmark, Austria and Sweden. Remember that online casinos can only offer a PayPal functionality in those countries where they hold a valid gambling license.
Deposit Bonuses: Some online casinos give different amounts of deposit bonuses (in percentage terms) depending on which deposit method you use. For example, Playtech online casinos usually give a 15% deposit bonus for PayPal and 10% to credit cards.
Deposit Fees: Not all casinos are generous, however. Some casinos will actually charge you a deposit fee for using PayPal. For example, Betfair charges a deposit fee of 1.5% when PayPal is used.
Online Casino Software Providers You’ll Find At PayPal Casinos
Imagine walking into a casino only to discover it doesn’t have any games. That’s what online casinos would be like if it wasn’t for the software providers. It is these creative geniuses who create the games that are featured at online casinos. While a few PayPal casinos feature games from a single provider, most offer games from multiple sources. Some online casinos have partnered with dozens of providers which enables them to boast libraries consisting of over 3,000 games. There are loads of reputable and innovative game developers out there. Let’s take a look at three of the industry’s best.
Microgaming is a pioneer of the online casino industry. The company was established in 1994 and is believed to have developed the very first online casino. They also played a huge role in the development of mobile gaming and virtual reality casino games. Microgaming has released hundreds of titles over the past quarter-century. Some of their earlier releases like Gladiator Gold and Fruit Slots remain among the most popular slot games of all time. One of their most successful creations, Mega Moolah, was released in 2006. In 2015, this progressive jackpot slot set the Guinness world record for the biggest online casino payout in history. A lucky British soldier hit a jackpot worth nearly €18 million. In all, Microgaming’s progressive jackpot network has paid out well over €1 billion.
There is a lot more to Microgaming than slots. They create excellent casino table games, poker, and specialty games as well as a sportsbook platform and live dealer games. Aside from winning countless awards, one of their most important achievements was playing a critical role in the creation of eCOGRA. This brought higher standards to an industry that was struggling to earn the trust of a wary online gambling public. When a PayPal online casino displays the eCOGRA Safe and Fair Seal, players know the site operates with honesty, transparency, and integrity.
If you like playing at online casinos, there’s a good chance that you have at least heard of Betsoft. The company was founded in 2006 and quickly earned a reputation for producing high-quality games. In particular, Betsoft is well-known for creating stunning 3D graphics and incredible animations. Slot games like The Angler, The Slotfather Part II, and Weekend in Vegas are loaded with sights, sounds, and interesting storylines that keep players immersed in the action. Betsoft’s inventory of casino table games ranges from variants of Blackjack, Roulette, and Baccarat to a variety of casino poker games and dice games. Betsoft has also produced a number of other exciting games like Skratcherz and Virtual Racebook 3D.
An example of Betsoft’s ability to stay ahead of the curve is the Shift Platform. Realizing that Flash Player has become outdated, Betsoft switched its focus to HTML 5 which is supported by almost all computers and mobile devices. It runs on most browsers without needing any third-party plugins. All you need is a modern browser and an internet connection. The Shift Platform integrates a cutting edge animation engine that operates and loads much faster than Flash. Despite this breakthrough, Betsoft will still offer their Flash games so that people with older machines can still have access to their favorite Betsoft titles.
Another respected giant of the casino software industry, NetEnt’s collection of over 200 mobile-friendly games are featured at the world’s best PayPal casinos. NetEnt is a member of eCOGRA which means you can trust that the games are 100% fair. Additionally, NetEnt only provides its products to the most reputable online casinos. NetEnt started to configure their most popular games for mobile devices in 2011 after foreseeing the explosion of mobile gaming. Now, all of NetEnt’s games are available for desktop and mobile devices. The games are almost identical on both platforms. The most noticeable differences are the menus and action buttons which have been reconfigured and optimized for mobile screens.
NetEnt has produced one of the largest gaming collections in the business since it launched over 20 years ago. Branded games like Narcos, Vikings, and Jumanji have become fan favorites while Gonzo’s Quest, Starburst, and Dead or Alive remain popular at PayPal casinos around the world. NetEnt is even making its mark with live casino games. Even though they don’t have an overwhelming number of table games, NetEnt still has a good variety of them. Those who want to go after a life-altering cash prize love that this multi-award-winning provider has created one of the biggest progressive jackpot networks on the planet.
Pros And Cons Of Using PayPal At Online Casinos
As with anything in life, there are advantages and disadvantages to using PayPal with your online casino account, in the table below we summarize all the factors you should take in consideration before selecting Paypal as your banking option at online casinos.
Advantages
| Disadvantages
|
Alternatives To PayPal For Funding Online Casino Accounts
As convenient as funding your online casino account using PayPal is, it’s not the only way. International online casinos are famous for giving players plenty of payment options.
If you have a bank account, you probably also have a debit card. Did you know that most online casinos accept debit cards? They do. You can even cash in on some great bonuses when you make an instant deposit using your debit card. Visa and Mastercard are the two most commonly used brands, but there are others. Unlike credit cards, debit cards do not allow you to exceed the amount you have in your bank account. While many issuing financial institutions charge a small transaction fee, those charges are far less than they would be if you were to use a credit card.
Making a deposit or a withdrawal using a debit card is the same as using a credit card. When you enter the banking section of your account and choose the “Deposit” option, select your debit card from the list of payment options. Among other things, you will need to provide the card number, expiry date, the three-digit CVV number on the back, and the amount you wish to deposit. The money is instantly credited to your online casino account once you confirm the transaction. Make sure you claim any available bonuses when you use a debit card to make your deposit.
Neteller has offered an easy and hassle-free payment solution for over 20 years. Neteller is essentially an eWallet that supports over two dozen major currencies. It only takes a few seconds to open a free Neteller account and you may fund it immediately using up to 50 different options. Neteller is one of the most widely used payment methods at online casinos. Deposits are instant and they usually qualify for various bonuses. Unlike some other payment options, Neteller also facilitates online casino withdrawals which are typically processed within a couple of days.
Of course, the speed and convenience of Neteller transactions come with a small price. Funding your Neteller account normally involves a charge of about 2.5%. However, you won’t be charged any fees to transfer money from your account to an online casino. Most online casinos do not charge you to make a withdrawal into your Neteller account, but you’re looking at a $10 fee when you withdraw from your Neteller account back to your bank account. You should be aware that you need to verify your age and identity before you can withdraw funds from your Neteller account. A scanned copy of your passport and a utility bill should do the trick.
People couldn’t do a lot with their Bitcoin during the early days of cryptocurrency. Then, a few online betting sites started to accept it. Since then, Bitcoin has become one of the best ways to fund online casino accounts. There are several advantages to using Bitcoin. The high level of privacy and anonymity make it an attractive alternative to other payment methods. This is especially true for online casino fans who live in countries in which online gambling is frowned down upon. Because Bitcoin payments are peer-to-peer, there are no middlemen and transactions are processed very quickly. The fees are also low to non-existent and Bitcoin deposits usually qualify for bonuses.
There are a couple of drawbacks to using Bitcoin and other cryptocurrencies. For starters, Bitcoin is highly volatile and prone to extreme fluctuations in price. Furthermore, Bitcoin isn’t accepted at all online casinos although the number of Bitcoin-friendly sites is on the rise. Getting started with Bitcoin is a straightforward process. Start by finding a secure Bitcoin wallet in which you store your Bitcoin. Next, open an account at a reputable Bitcoin exchange like Coinbase or Kraken. You may then proceed with the purchase of your Bitcoin. You can buy Bitcoin using a wide range of payment options. Credit cards, debit cards, and eWallets like PayPal are commonly used to purchase Bitcoin. Now you are ready to make a Bitcoin deposit at your favorite online casino.
What’s Going On With PayPal Casinos And What We Can Expect In 2020
A lot of online casinos accepted PayPal back in the late 1990s and early 2000s. In fact, PayPal was the most widely used payment option at online casinos by 2003. That same year, PayPal voluntarily stopped processing transactions with gambling sites. PayPal implemented new policies and once again began processing transactions with online casinos in 2010. PayPal continues to process these transactions but only if the account holder lives in a country in which online gambling is legal. It’s also worth mentioning that PayPal only offers its services to online casinos that are fully licensed. This means you can have a great deal of confidence when you see the PayPal logo at an online casino.
It’s taken a bit of time for online casinos to rekindle their relationship with PayPal. However, more and more betting sites are accepting it these days. This includes many of the online casinos that have opened up in the United States. Anyone who has visited an American-based online casino knows that those sites offer very few payment options compared to most international sites. Speaking of the big international sites, they have been rather slow to adopt PayPal. Fortunately, this trend is turning as sites like Ladbrokes, 888, and other industry titans have embraced it.
Since spinning off from eBay in 2015, PayPal has been aggressively strengthening its international business through various acquisitions. Revenue has nearly doubled while net income has increased fourfold. There are over 305 million active accounts spread throughout 202 markets, and they are responsible for billions of dollars worth of transactions. PayPal has also expanded its horizons by adding such services as PayPal Credit, PayPal Mobile, and PayPal One-Touch. You can expect PayPal to continue with this approach through 2020 and into the foreseeable future.
One thing that makes PayPal such a great payment option is the relatively low fees. The cost of conducting transactions with PayPal is lower than most other eWallets and it’s certainly lower than using a credit card. Moving money from your PayPal account to your bank account is faster too. While we are told that standard withdrawals take 2-4 business days, it often takes a little over 24 hours. PayPal also offers express withdrawals which allow you to access your funds through an ATM within minutes. Increased convenience, lower fees, faster withdrawal times, and an industry-leading Buyer Protection Policy sets PayPal up nicely going forward. The expansion of online gambling in the United States bodes well too.
Review Of The Best Online Casinos That Accept Paypal
As mentioned, PayPal only offers its services to properly licensed online casinos. We also know that software providers like NetEnt and Microgaming are members of eCOGRA. So, what does this tell us? Well, if your online casino accepts PayPal and displays the eCOGRA Safe and Fair Seal or is certified by another reputable organization, you know the site is as legit as they come. Fortunately, there are a lot of great sites that meet these standards. On top of that, many of those sites give you sweet bonuses when you make your deposits using PayPal. Here are five of the best PayPal online casinos.
888casino is a PayPal-friendly site that has been operating since 1997. Aside from featuring games from its own in-house development team, 888 Gaming, 888casino has partnered with several other top software developers like NetEnt, Playtech, NextGen, and WMS. The site has a massive collection of games because of this. The site bears the eCOGRA Safe and Fair Seal and is licensed in multiple jurisdictions including the United Kingdom and Malta. You’ll find loads of exciting slots, progressive jackpot games, and dozens of table games like Caribbean Poker, Craps, and Bonus Poker. Of course, 888casino also has several variants of Blackjack, Baccarat, and Roulette. Their live casino has something for players of all stripes and budgets. Play a round of Roulette for as little as $0.50 or go as high as $10,000 on a hand of blackjack.
There are a few things that separate 888casino from many other PayPal casinos. For instance, they will give you a no-deposit bonus package worth $88 just for signing up. Furthermore, 888Casino gives you a choice of two welcome bonuses. You can choose the 100% first deposit match bonus up to $200 or you can go with the Premium Welcome Package which nets you up to $1,500 in bonus cash. To make things even more interesting, 888casino has a different promotion every day of the week. That gives you plenty of opportunities to earn more bonus cash and free spins. To top it off, you earn comp points every time you place a bet. These comp points are redeemable for cash.
Microgaming, NetEnt, and Betsoft are just three of over two dozen software providers featured at Mr Green Casino. Add that to the fact that Mr Green accepts PayPal and you have yourself an excellent casino. Slot players will be blown away when they see how many slots and progressive slots they have to choose from. From classic favorites like Book of Dead and Starburst to exclusive titles like Lucky Mr Green and Vegas Adventures, the site has something for everyone. The collection of table games is equally impressive. Casino Barbut, Slot Dice, Casino Patience, and Dream Catcher complement multiple variants of Blackjack, Roulette, and Baccarat. Then there’s the awesome assortment of live dealer games from Evolution Gaming and NetEnt. Mr Green even has an excellent sportsbook that offers competitive odds on almost any sport you could think of.
Mr Green gives you a choice of three welcome bonus packages. When you open a new account and make your first deposit, you can claim the casino bonus which gives you 200 free spins on Book of Dead plus up to $1,200 in bonus cash. If you like playing live dealer games, pick the live casino welcome bonus and Mr Green will 100% match your first deposit up to $100. Those who prefer betting on sports will get two free bets worth $10 each. Roulette Lucky Numbers, the $3,000 Blackjack Challenge, and the $1.5 Million Daily Drops & Wins are just a few of the innovative promotions that are available every day.
Owned by 888 Holdings, 777casino offers a range of instant play games from software giants like NetEnt, NextGen, Playtech, and IGT. Every single game has been audited to meet the strict requirements of the UK Gambling Commission. You’ll find the latest eCOGRA certification in the “Fair Play” section. PayPal deposits are instant and qualify for bonuses while PayPal withdrawals are processed within 24 hours. 777Casino also supports over two dozen other deposit methods and over 20 withdrawal options.
777casino is a little different from its more famous sister site in that it places more of a focus on slot games. And they have more slots than you could imagine. Progressive slots like the ever-popular A Nightmare on Elm Street game gives players a chance to win massive sums of money. Unfortunately, the variety of table games is a little underwhelming. Aside from a few Roulette, Blackjack, and Baccarat games, the site doesn’t offer a heck of a lot in that department. The same could be said of the live casino which features just 5 games at this time. Oh, and video poker enthusiasts are out of luck.
As you might expect, 777casino’s bonuses are similar to those at 888casino. You can get a no-deposit bonus consisting of free spins just for opening an account. You may then take advantage of a 100% match welcome bonus up to $200 when you make your first deposit. 777casino has a good range of regular promotions through which players can earn more bonus cash and free plays.
Another member of the prestigious 888 family, Vegas Spins features loads of instant-play games from several of the world’s best casino software providers including NetEnt, Barcrest, and WMS. Like the other online casinos mentioned on this list, Vegas Spins bears the eCOGRA Safe and Fair Seal and holds licenses in multiple jurisdictions including the UK. Vegas Spins offers a limited number of payment options compared to other online casinos, but you can make instant deposits and fast withdrawals using PayPal.
You’ll find many of today’s most popular slots like Narcos, Medusa, and Cleopatra. New games are regularly added to the catalog. There’s also a good mix of progressive jackpot slots such as Temple of Ausar, A Nightmare on Elm Street, and Shaman’s Dreams. Vegas Spins has several instant win games along with Slingo Who Wants To Be A Millionaire and Slingo Deal or No Deal. Instant Racing and Instant Football will give you hours of excitement. As great as the selection of slot games is, there’s next to nothing for fans of table games or video poker.
Vegas Spins has a unique welcome bonus. Spin the Bonus Wheel when you make your first deposit of at least $10 for a chance to win up to 777 free spins on pre-selected slot games. Those free spins may result in a maximum bonus amount of $400.
Hundreds of games from leading casino software developers like Microgaming and NetEnt? Check. The eCOGRA Safe and Fair Seal? Check. Accepts PayPal? Check. Moon Games is also licensed in the United Kingdom and offers a hefty welcome bonus too. The site has quite a lot going for it. Play hot titles like Bonanza, Temple Of Iris, and Twin Spin, or try one of the latest releases such as Ozzy Osbourne, Tiki Idol, and Greek Gods. Increase your chances of winning on the Raging Rhino slot game which has 6 reels and 4,096 ways to win. Millionaire Genie, Aztec Realm, and Gods of Gold are among the progressive slots at Moon Games that could make you a multi-millionaire in the blink of an eye.
If you love slots, then you’re going to be thrilled with what Moon Games has to offer. If you love great welcome bonuses, you’ll be over the moon. Open a new account at Moon Games and make your first deposit to receive a 100% match bonus up to $100. The generosity doesn’t stop there. Moon Games will also throw in 100 free spins on pre-selected games. The free spins can be turned into as much as $25. You’ll receive your free spins in five daily increments of 20 spins starting on the day after you make your qualifying deposit. Use the bonus cash to win more money on your favorite slot games or try some of the instant win games like 7s to Burn, Rainbow Fortunes, Alchemist, and Star Raiders Scratch. The fun never ends at Moon Games.
PayPal was one of the first payment methods to facilitate online payments, having been founded in 1998. In 2002, it was acquired by eBay, and it has since focused on providing users with fast and safe money transaction options.
With the acquisition, PayPal became the perfect tool not only for online purchases on eBay and other retailers but also for casino transactions. It can store funds, transfer them quickly, safely and anonymously and, as such, it is highly praised among the gambling community.
PayPal is widely popular among European casino players due to the provider’s reliability, quickness and easy-to-use features. There are also plenty of US-friendly PayPal casinos that offer its users to deposit and withdraw money through this payment service.
The main perks of using PayPal for online casino payments are:
- Lightning-fast processing times
- State-of-the-art security measures
- Anonymity
- High transaction limits
- Low to no fees
Sounds unreal, does it?
It did to us in the beginning as well, but as we began to unravel all the benefits of using this platform, we came to realize that PayPal is the real deal. And we’re utterly confident that you’ll share our enthusiasm once you read this guide and learn everything you need about using PayPal in casino sites.
Everything you need to know
Stick around as we explore all the pros and cons of using one of the leading payment services in the world for online casino transactions and beyond!
Most Trusted Online Casinos that Accept PayPal
PayPal is accepted by a host of US-friendly casinos. Our expert casino team took on the challenge of tracking down the most trustworthy options.
All the casinos below boast splendid bonuses and promotions, as well as a plethora of gaming options. Most importantly, they’re perfectly legitimate and accept PayPal deposits and withdrawals.
Casino | Offer | Devices | Play Now / Review |
---|---|---|---|
$5,000 Welcome Bonus | |||
First 3 Deposits, Get Up To $6000 | |||
350% Match up to $3500 | |||
$5500 Welcome Bonus | |||
$5000 Welcome Bonus | |||
255% Bonus up to $2555 | |||
First 3 Deposits, Get Up To $6000 | |||
First 3 Deposits, Get Up To $3000 | |||
300% up to $500 | |||
$500 other options also available |
Can US Players Use PayPal for Online Gambling?
Absolutely and unequivocally yes! PayPal is accepted by numerous online casino sites operating legally in the US. There are a bunch of licensed online casinos in the US, as well as offshore sites which offer this payment method.
Although PayPal’s official website says that the company needs to pre-approve all activities related to gambling. In other words, a US-facing online casino cannot use PayPal until and unless it receives a pre-approval from PayPal.
According to a CNBC report of September 2015, some US-facing online casinos started offering PayPal as a payment option after nearly 10 years of staying away from the US market. The online payment processor started pre-approving US online casinos very quietly and hardly released any information about any changes to its policies.
Although PayPal had no issues processing transactions related to online gambling when it was an independent company, it stopped supporting US online gambling activities in 2003 after it merged with eBay. Now that PayPal is once again an independent company, it is quietly allowing some US gambling websites to offer PayPal as their banking method.
Best Online Gambling Sites For Real Money
If you can’t find a PayPal online casino that accepts players from the US, there are some noteworthy alternatives, such as crypto casinos. You can read all about them in our in-depth crypto casino guide — we have an entire page dedicated to how to use cryptocurrencies on online gambling sites.
How to Use PayPal on an Online Casino: Step-by-Step Guide
Using PayPal as a preferred casino banking method is easy, safe, secure, fast, anonymous, and convenient. PayPal is a complete banking method as it can be used not only to load casino gaming accounts, but also to withdraw winnings.
Here is a simple guide to using PayPal as a banking method at online casinos.
Set up a PayPal Account
Signing up to a PayPal account is quite self-explanatory and, more importantly, free of charge. First, you must visit the PayPal official site, and click on the “Sign Up” button.Then choose the type of account you want to open and fill out the required fields. You will need to provide personal info, such as a username, password, and email address.
Next up is linking your PayPal account to your credit/debit account. Since PayPal is in charge of linking your bank account to your PayPal account, you won’t need to share any banking details with the casino site you’re playing in.
Online Casino Real Money Paypal Usa
After you have provided the banking info and connected your bank account to your PayPal account, a small deposit will be made into your account that will effectively complete the process and allow you to proceed with making deposits and withdrawals in a real money online casinos.
Don’t worry — the deposited money will be refunded to your bank account in a few days.
For a more detailed explanation, refer to the video below:
Fund Your PayPal Account
Before you can start using PayPal for casino payments, you must make sure your account is topped up. You can fund your PayPal account either via PayPal Cash Service or through your bank account.If you opt for the bank transfer, you will be asked to provide the bank account as the source of the funds, input the amount you want to transfer, and finally click on “Add”.
If you go through the PayPal cash service, you must find a local PayPal-friendly vendor. When you do, generate the barcode through the PayPal app and show it to the retailer along with giving your cash, and your account will be topped up in 15 minutes. You will be charged a small fee.
Join One Of Our Recommended PayPal casinos
Create an account at any of our recommended PayPal casinos. It is absolutely free to do so. You can also play the games for free till you feel comfortable about making a deposit at the site.Login to your chosen Paypal Casino's account
Once you have topped up your PayPal account and registered at a preferred gambling site, it’s time to make your very first deposit.Here’s the whole drill:
- Log in using your username and password
- Go to the “Cashier” section (it’s usually marked with shopping cart symbol) and select “Deposit”
- Select PayPal from the list of all available payment methods
- Enter the amount you wish to deposit
- Verify the transaction
- Enjoy!
After you’ve confirmed the transaction, the funds should be transferred to your casino account almost instantaneously.
Linked Payment Methods Used For Insufficient Funds
If your PayPal balance is insufficient, the funds will be drawn from the bank account or credit/debit card linked to your PayPal account.Withdrawal
The withdrawal process is a piece of cake — just follow these few simple steps:
- Log in
- Go to the “Cashier” section and click on “Withdraw”
- Type in the amount of money you want to cash out
- Verify the transaction
- After 2–5 days, the funds should reach your PayPal account
- Transfer the funds from the PayPal account to your bank account or credit card
Some online casinos that accept PayPal deposits also work the other way around and will allow you to withdraw using the same method. If you’re playing in gambling sites that don’t facilitate PayPal withdrawals, you must choose an alternative payment method, like Visa or mastercard .
When you’re requesting your very first withdrawal using PayPal, the online casino might ask for some additional info to confirm your identity. This is required because most online casinos are subject to KYC (Know Your Customer) policy. On that note, you may need to provide:
- Personal ID
- A copy of your passport
- Utility bill
- Bank Statement.
Players who do not want to use the above two methods to withdraw their cash can request PayPal to send them a check. To withdraw through check, players have to login to their PayPal accounts, click on the Withdraw option, and then click on the Request a Check option. While PayPal checks reach US customers within two weeks, they may take as many as six weeks to reach non US customers. PayPal also charges a fee of US$1.50 for making withdrawals through checks.
Online casinos do not charge you for using PayPal as a banking method.
How to Hand-Pick a Top-Tier PayPal Casino
The legal aspect of using PayPal depends on your country’s stance towards online gambling. Almost all countries have adopted a unique approach to this matter. For example, Turkey can’t send funds to foreign accounts.
Some countries, like Egypt and India, can accept a virtual PayPal visa from the US, but not from the EU or the UK.
The bottom line — you should inform yourself on the online gambling laws in your country of residence that pertain to the usage of PayPal for online casino transactions.
Another thing to have in mind when choosing a PayPal-friendly casino are limits to PayPal deposits. When making casino deposits, you won’t be charged any fees by the casino in most cases. However, PayPal reserves the right to charge fees.
Furthermore, withdrawal fees will vary significantly depending on your geolocation. You should also be aware of the fact that you can only withdraw funds from the casino account via a Visa or US bank account.
You should know all these things before making your final decision on where to gamble online while in the US.
Most Popular PayPal Casinos To Play Casino Games
No matter if you’re a fan of slots or tables, you should check out the offerings at Slots.lv and BoVegas casino.
As the name suggests, this is a true paradise for real money slot lovers.Apart from a massive array of slots, this casino offers all kinds of incentives for US players, including a dazzling welcome bonus of up to $5,000, as well as a hefty $22 no deposit bonus.
If you’re looking for Vegas-style casino action and all the excitement that comes with it, look no further than BoVegas — an all-in-one US-friendly gambling hub.When you join their ranks, you will get a warm welcome — a welcome worth up to $5,500 in bonuses! And if that’s not enough, there is a great great casino game collection for all who enjoy playing casino classics.
PayPal History: Timeline and Facts
With over 280 million active users and over 10 billion payments per year, PayPal is a genuine e-commerce juggernaut, on par with Visa and MasterCard in terms of popularity and quality of service.
Let’s see how PayPal’s path to prominence from the company’s early days went down:
- 1998 — PayPal was founded by technology entrepreneurs called Max Levchin and Peter Thiel. The company’s initial name was Confinity.
- 2000 — The company merged with Elon Musk’s online banking company called X.com. Musk saw the potential of Confinity, but the then CEO of X.com, Bill Harris, didn’t share his enthusiasm and Harris left the company. Later on that year, Musk decided to seize X.com’s internet banking operations and turned the focus to PayPal. That same year, Peter Thiel replaced Musk as the CEO of X.com.
- 2001 — The company was renamed to PayPal.
- 2002 — PayPal went public and was acquired by eBay for $1.5 billion.
- 2006 — PayPal launched a mobile platform, allowing customers to facilitate PayPal transactions via smartphone devices.
- 2013 — PayPal acquired an online competitor, a company called Braintree Systems.
- 2014 — Carl Icahn, one of PayPal’s main shareholders, demanded that his company split ways with eBay. The two tech giants split, and PayPal once again became a publicly-traded company.
- 2015 — PayPal purchased a digital transfer firm called Xoom, allowing the company to accelerate the handling of international payments.
- 2016 — PayPal’s subsidiary, Venmo, surpassed $1 billion in payments for a single month, which is the greatest amount ever.
- 2017 — PayPal launched its pioneer P2P payment system, thus paving the way for the company to branch into the emerging P2P marketplace.
- Present day — PayPal is one of the leading financial providers, massively used in the iGaming industry.
Why Use PayPal for Casino Deposits?
Countless transactions that take place via PayPal every day are a testimony to the provider’s ubiquitous use and safety.
As an online gambler, security, ease of use, and speed are the most sought-after features from a banking method, and PayPal hasn’t failed to deliver. Several cutting-edge security measures that are put in place to protect all transactions vouch for PayPal’s undisputed dedication to provide its users with a 100% safe and reliable payment gateway.
One of the most amazing features of PayPal is its One Touch feature, which ensures that all your login information is safely and securely stored on your desktop, mobile or tablet. Once you activate One Touch, you don’t have to repeatedly input your email address and password for the next six months. This makes it possible for you to shop really fast. You can always disable One Touch by visiting your PayPal profile page.
PayPal
What’s more, certain casinos offer bonuses for those who deposit via PayPal. These bonuses might come in the form of free spins, free cash, or match deposit offers.
One of the most significant benefits of using PayPal in online casinos is there are no limits as to how much you can deposit.
PayPal is extremely easy-to-use and convenient. With a single click, you can keep tabs on every deposit, withdrawal, pending transactions, and so on. You can use PayPal via every popular device, making it ever so convenient to add and remove funds from your casino account.
Pro and Cons of Using PayPal
Although PayPal is one of the most convenient payment methods to make casino payments, there are some downsides to its convenience. Here are the good and bad points to consider.
- Reputation and security — There are over 100 million PayPal users in the US alone, which only goes to show how reliable and safe this payment method is. Also, PayPal takes security very seriously and employs the same high-tech security measures as most banks in the US.
- Anonymity — Since PayPal is a third-party service, your financial data (credit card and bank account number) will never get into the casino’s site servers. This means that the money you deposit on gambling sites is always kept hidden from prying eyes.
- Ease of use — Setting up a PayPal account is straightforward and payments are easy to execute. Also, it takes only a few clicks to deposit and withdraw on casino sites via PayPal.
- No maintenance fees — PayPal is 100% free to use. This is a major benefit if we take into consideration that merchants impose fees that may be as much as $100 per month.
- Speed — Being an eWallet, PayPal is able to facilitate lightning-fast transactions. This is particularly noticeable when it comes to casino withdrawals because PayPal cashouts take only 2–3 days to process, which is much faster than via other methods.
- Frozen accounts — In some instances, your PayPal account can be frozen. This may occur if the service detects a substantial amount of money being withdrawn or any potentially suspicious activity. PayPal uses these somewhat strict protection measures to prevent fraudulent activities. However, most people get frustrated when their funds get frozen, which is a completely understandable reaction.
- Not all countries can receive payments from PayPal — Since it’s located in California, US, it doesn’t allow payments to many offshore casinos.
Final Thoughts
Depositing and withdrawing on casino sites via PayPal is an incredibly hassle-free option, provided you are a resident of a country that is accepted by casino sites for PayPal transactions.
In my opinion, PayPal is a payment provider of the highest echelon. When choosing a good PayPal casino, you need to use good judgment, as in every business decision. Hopefully, this guide will assist you in making that decision.
If there is anything I can help you with, please let me know in the comment section below.