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Some online casinos will only allow you to deposit via PayPal, for example. 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. Countries where PayPal is accepted: Locations where you can usually expect things to work are: Remember that online casinos can only offer a PayPal functionality in those countries where they hold a valid gambling license.
Some online casinos give different amounts of deposit bonuses in percentage terms depending on which deposit method you use.
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.
As with anything in life, there are advantages and disadvantages to using PayPal with your online casino account.
PayPal is definitely easier to use than most other payment methods. 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 , PayPal remained secure.
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:. 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. Not possible in all countries: PayPal is completely free to use to make payments online at a variety of different vendors.
In recent years, PayPal has become a favorite depositing method by many premier gambling sites. The use of PayPal as a depositing method at online casino sites is limited to countries outside of the United States, Canada and Australia.
One of the reasons using real cash online casinos accepting PayPal is that the transactions, both into your deposits and cashing out of winnings, is instantaneous.
No waiting for days to send money to or from your account. You can play your favorite blackjack, baccarat, roulette, craps, video poker and slot machine games immediately, and when you win, you can enjoy the thrill of seeing that money in your own account for use right away.
With PayPal you can either transfer those winnings to a preferred credit card assigned to that account, to your bank account, or with the free PayPal debit card—use them right away at any online or brick and mortar location that accepts MasterCard.
Not only does this allow you to get your money fast, but using online casinos accepting PayPal means you don't have to give the casinos themselves any of your private information.
It's easy and secure. PayPal works like a separate checking account for use at online vendors. A user will deposit money into his or her PayPal account via bank transfer or credit card and then use the money at online casinos.
PayPal users can also link a credit card to the account so that PayPal can make automatic withdrawals when it is used as a depositing method at online casinos Paypal.
This ensures that sensitive credit card information is shared with only one site when making payments online.
You can choose to use your everyday PayPal account that you use for all internet transactions with your PayPal online casino, or you can open a totally separate account with a different credit card that you use for dedicated casino play.
Doing that will also help you regulate the amount of money you spend, and keep track of your winnings easier. PayPal is a preferred payment option at several internet casinos.
Some PayPal casinos will give users additional credits when deposits are made using PayPal. It can also be used as a withdrawal method at some real money online casinos and gambling sites.
We give you links to two of the best online PayPal casinos above. These casinos that take PayPal provide worldwide gaming options, and hundreds of exciting games.
Enjoy any one of the casino sites that accept PayPal, and play all of the exciting games with confidence.
Have fun and good luck! Looking for better payment methods? Learn which other payment options are available today. PayPal is one of the most popular online e-wallets around, and is used for millions of transactions on major sites like eBay and Amazon.
It's also a convenient way for making gambling deposits and withdrawals. However, PayPal does have strict rules about allowing their eWallet to be used at some gambling sites, and the service can be severely restricted depending on where you live.
Because of PayPal's own restrictive rules on which countries they take business from, not all casinos accept this payment method.
Players who want the best possible online gambling experience should investigate the top casinos that accept PayPal and on our definitive list before playing.
Other than plumping for a tried-and-trusted debit or credit card, players seeking eWallet solutions luckily have a wealth of alternatives at their disposal.
Ukash — although not accepted in all countries — is another valid alternative. Despite gaming legislation going through in several US states recently, many payment processors are failing to play ball, and as of November, , that includes PayPal.
Perhaps mindful of the grey area still governing much of online poker in the US the processor — now owned by global auction site, eBay — is preferring to stay on the fence.
It looks like, for the time being at least, PayPal will continue to stay out of jurisdictions entirely — like Canada, Australia and the US — who continue to have decidedly vague policies regarding online gambling.