Online Gambling That Uses Paypal
- Online Gambling Sites That Accept Paypal
- Online Gambling That Accepts Paypal
- Online Gambling Sites That Use Paypal
- Online Gambling For Real Money
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.
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.
This page is about using PayPal to for deposits and withdrawals on NJ online casinos. See our Banking Guide for information about other deposit and withdrawal methods. PayPal is an online wallet that offers a fast and secure way for users to make purchases online, transfer cash to family and friends or receive payment for goods and services. POLi: This alternative to making money deposits at an online casino Australia PayPal is supported by leading banks in Australia. POLi is a very simple and secure way to get started with real money gambling even at online casinos that accept PayPal selectively. Check out our POLi page for more information.
PayPal’s Policy Towards Online Casinos
The online e-Wallet service can be used at a whole bunch of Internet stores and online Paypal casinos or for wiring cash to friends. In 2020, there are plenty of real money online gambling sites that take PayPal. That's the good news; the bad is that you may not find many online casinos accepting Paypal in Canada. Online Gambling Sites That Accept PayPal Established in the 1990s, PayPal ‘s first business model was processing payments for eBay, the world’s largest online auction site. The two companies became so synonymous they eventually merged before breaking up again in 2015. What countries use PayPal for online gambling? PayPal is available for gamblers in Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Portugal, Spain, Sweden and the UK. Gamblers in regulated US markets can use PayPal for online gaming transactions, too, and it’s an option for sports betting and horse betting sites where permitted.
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 from the user’s point of view.
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. Ladbrokes casino bonus wagering requirements.
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 Who Accept PayPal:
The vast majority of online casinos are powered by software from a small group of recognised suppliers behind the scenes. Rather than trying to sort through potentially hundreds of different casinos when you’re trying to find one that accepts PayPal, it’s easier to divide them by which underlying software they use. Here’s a quick breakdown of three of the biggest providers.
- Microgaming Online Casinos With PayPal Microgaming is the most popular provider of online casino software and is in use on a huge amount of online casinos. Some of these accept PayPal and some don't. The most popular Microgaming online casinos that have PayPal are: 32red, Ruby Fortune and Spin Palace. 32red is a good example of a provider that is happy to accept PayPal. They allow deposits and withdrawals, have a minimum deposit of $10, and offer instant cashouts. Here’s an example of how PayPal options look with a 32red account:
- Playtech Online Casinos With PayPal Most Playtech online casinos also accept PayPal. The largest Playtech online casinos are: Will Hill, 21nova, Bellini, Casino Tropez, Paddy Power, Casino.com, Winner, Eurogrand, Betfair. To take one example, Eurogrand are happy to accept PayPal deposits and withdrawals, offer one-day cashouts, and are prepared to give a 15% percent deposit bonus. Here’s an example of PayPal options in action with a Eurogrand account. Betfair is another large Playtech provider who support PayPal. They allow deposits and withdrawals via PayPal, cashouts within 24 hours, a minimum deposit of £5 and charge a deposit fee of 1.5%.
- RTG Online Casinos and PayPal Real Time Gaming is the final software giant that we’ll cover. They’re another popular option with many online casinos and the best known online casinos that work on RTG are: Intertops Casino, Grande Vegas Casino, Slots of Vegas, and Slotsplus. Among those sites, however, it's much harder to find any that accept PayPal. For example, none of the providers we’ve just mentioned accept PayPal.
Pros And Cons Of Online Casinos And PayPal
As with anything in life, there are advantages and disadvantages to using PayPal with your online casino account. Let’s start with the plus points:
1. Ease of use: PayPal is definitely easier to use than most other payment methods. You simply choose to deposit, enter the relevant sum, provide your account details, and it’s done straightaway. You’ll be able to see the transaction in your account instantly.
2. Security: PayPal is one of the juiciest targets for cybercriminals in the world but their track record in terms of security over the years is exemplary. They regularly crack down on attempted fraud in both the online casino space and elsewhere. A sign of how robust their procedures are in general is that even during a major eBays security breach in 2014, PayPal remained secure.
3. You’re probably already using it: PayPal is incredibly popular as a general online e-wallet so there’s an excellent chance you already have a funded account you can use.
4. Licensing requirements: As mentioned previously, PayPal requires that casinos are fully licensed in countries where they wish to allow gamblers to use PayPal. This is good news from a user point of view as it means you know for a fact the casino is fully regulated.
The advantages are pretty impressive and we definitely recommend at least experimenting with using a PayPal account with your online casino. There are, however, also some negative points to consider:
1. Not all online casinos accept PayPal: As you could see from our breakdown of software providers above, not all online casinos accept PayPal. Many of the ones who do not allow it are also the ones who offer the most attractive deposit bonuses.
2. Not possible in all countries: As we noted before, countries where PayPal can be used with online casinos are slightly limited. The territories where it is usually no problem are: Germany, Spain, UK, Ireland, Italy, Portugal, Finland, Denmark, Austria and Sweden.
The Current Situation With US Players And PayPal
The situation regarding online gambling in the United States is still in flux and, as a responsible gambler, you’ll always want to keep one eye on potential legal issues. Federal law regarding online gambling in US gives individual states the authority to decide if online gambling is allowed in their jurisdiction zone. States such as Nevada and New Jersey have allowed it whereas it’s prohibited in other states. Unfortunately for American gamblers, PayPal deposits to online casinos are prohibited throughout the United States.
Alternatives To PayPal For Funding Online Casino Accounts
PayPal is far from your only option when it comes to getting money in and out of your online casino account. Here are some of the most popular alternatives:
Online Gambling Sites That Accept Paypal
Credit Cards: Both Visa and MasterCard are accepted in practically every online casino. Both cards offer world-class levels of security, convenience, and flexibility, in addition to a range of attractive bonuses and reward programmes.
Bank Transfer: So long as online gambling is legal in the country of the bank, you should have no problem transferring money to an online casino account or accepting withdrawals from an online casino. Bear in mind that the speed of transfer and associated fees could vary considerably depending on which bank you’re with.
Other e-wallet providers: As we mentioned earlier in the article, though PayPal are the biggest e-wallet provider, they’re far from the only one. You’ll find Netteller and Skrill accepted at many online casinos and other options such as Click2pay, Paysafecard, Ukash, and Webmoney are also occasionally available.
What’s Going On With PayPal Casinos And What We Can Expect In 2018
Before we finish up, it’s worth taking a few minutes to review PayPal’s recent past with a view to seeing what might be coming down the track. It’s been an interesting couple of years since the online payments giant officially split from eBay, and there’s a sense that some big changes that could well affect gamblers may well lie in the immediate future.
The first point of interest to casino fans is probably PayPal’s tentative re-entry into the online gambling market in the United States. It was a pilot programme and use on most sites is still prohibited in the terms and conditions, but it does show that PayPal are potentially eager to move further in this direction – a move that would be great news for gambling fans across the States if it should come to pass.
2016 also saw the announcement of much closer ties between Visa and PayPal in the form of an official partnership. The move was primarily about bringing PayPal into offline checkouts but also a sign that the company is much more willing to explore commercial partnerships post-eBay than was previously the case. Again, there’s a potential upside here for gamblers down the line if this mood continues – a payment option that’s already impressively flexible looks set to become even more so. Looking to 2017 and beyond, it’s safe to say that PayPal will remain an essential part of your funding toolkit as an online casino player.
We hope the information above has helped you make up your mind about whether to use a PayPal account with your online casino. It’s an option we generally recommend and gives you a little more flexibility when it comes to getting money to and from online casinos, in addition to being a generally useful online payments method.
You should also have no trouble finding a reliable and secure online casino that accepts PayPal with our listings of top-tier providers. Good luck out there on the tables!
See Offers from Online Casinos that Accept PayPal
Using PayPal for online gambling in the U.S.
PayPal remained as eBay’s preferred payment processor after it dropped the online gaming business. It returned to the U.S. online gaming market in 2015.
Caesars Entertainment online poker and casino sites accept PayPal. This includes WSOP.com in Nevada and New Jersey, as well as Caesars Casino, Harrah’s Casino and 888 in New Jersey.
There are some restrictions for PayPal transactions for Americans looking to use the eWallet for online gaming purposes. You can only fund these types of accounts using electronic funds or an existing balance. A transfer from another individual counts as an existing balance.
Funds in an American PayPal account that originated from the user’s credit or debit card may not be used to fund an account. This is due to restrictions that many bank card issuers have on gaming transactions, even ones that are specifically legal. U.S. players may withdraw from PayPal by electronic check, check and PayPal debit card.
Using PayPal for online gambling in the UK
The UK was the first market that PayPal returned to for online gaming payment processing.
This started in 2008 with Betfair. The number of sites that accept bets from UK players has exploded since. A PayPal online betting site in the United Kingdom must have a license from the UK Gambling Commission (UKGC) to accept the eWallet. Paypal does not approve or work with unlicensed sites.
Online Gambling That Accepts Paypal
Players in the UK may fund a PayPal account using Visa, Mastercard, Solo, Switch, Delta, electronic funds transfers and an existing balance. Withdrawals are processed by check, electroniccheck and PayPal’s debit card.
Using PayPal for online gambling in Canada
PayPal is not available for online poker, casino or sportsbook transactions in Canada.
This is because gaming sites in Canada are not licensed and regulated by the government. That is a requirement for PayPal to process payments. PayPal is still available for transactions related to eBay purchases and other person-to-person transfers.
Benefits of using PayPal for online gaming transactions
PayPal is a fast way to load an online casino, poker, or sports betting account. There are a variety of ways to fund a personal PayPal account.
Transfers are instantaneous to merchants, including online gaming sites. Deposits made by PayPal rarely require a documentation check as PayPal already does that when creating an account.
Withdrawals are simple with PayPal. Some sites tack on a 2.9 percent fee for withdrawals, although some will cover this cost, depending on local regulations and company policy. You can send cash for free from a PayPal account to a bank. There is a small fee for a check or debit card withdrawal.
PayPal is the oldest eWallet. This experience shows in its security and software. PayPal security is quick to identify fraudulent logins and transactions. This protects players and their balances.
Drawbacks of using PayPal
Online Gambling Sites That Use Paypal
The 2.9 percent fee for withdrawals in some jurisdictions is the number one complaint about PayPal. Additionaly, there may be a fee in countries where debit and credit cards are used.
Online Gambling For Real Money
PayPal does not offer good customer service. One issue not related to online gaming is the high number of chargebacks eBay sellers report. PayPal rules on the side of the buyer far too often in the eyes of sellers.