Real-money stakes at online casinos are a key to feeling the adrenaline making you worried and then the happiest person ever (when your stakes work). And not to make this experience disappointing, you can take a look at the payment methods that will make your deposits and withdrawals both smooth and safe.
That’s why casinos that accept PayPal are becoming hugely popular, while the service is becoming more and more accessible. We’ve also noticed this trend in the world of gambling, and for this reason our team has prepared a guide on how to use the payment method, what benefits and pitfalls should be taken into account, and what things can help you save money on commission-free payments via this service. Here we go to learn more!
This brand is one of the most well-known digital services to keep money online, provide payments all over the world, and do other kinds of transactions. It’s also adored by players for being free and providing a lot of methods to top up the account/cash out funds. How about exploring the roots of this payment service and the current position of the brand?
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History of the Brand
The history of PayPal dates back to 1998 when Max Levchin, Peter Thiel, and Luke Nosek established Confinity. But the project wasn’t that successful, so the developers decided to switch the focus onto the digital wallet PayPal is today. In 1999, the first attempt to launch it took place. Then, the following events took place.
A year later, this company merged with the X.com company that also specialized in payments and was represented by Elon Musk.
Unlike the other members of this project, Harris wasn’t sure of its success and left it in 2000.
In 2001, Peter Thiel headed the project and rebranded it to PayPal.
In 2002, another crucial event took place. The company was acquired by eBay for a pretty solid price of $1,5 billion.
In 2003, a really unpleasant event took place. All PayPal casinos became prohibited.
Only in 2010, the situation changed, so today players use the service to cover their gambling needs and do it safely.
PayPal & Online Casinos
As since 2010 the brand is ‘in the game’ again, the list of online casinos PayPal works with is amazingly big. It includes a whole lot of sites that support both this and alternative payment solutions, and can bring players all they need. As the brand is working in this area officially, players are provided with transparent details and conditions that are extremely favorable.
Today, gamblers effortlessly find the logo of this company in the payment sections of many famous gambling sites. The deposits via the service are usually commission-free and in most cases can be followed by a match bonus (but don’t forget to check the conditions of the platform to make sure that your casino isn’t an exception).
Detailed Guide to Start Using the Service
If you are not familiar with the service yet, don’t panic as its working principle is really easy. And we are going to highlight each detail so that you can grab your phone or open the service’s site and make a payment in a snap.
How the Service Works
This service is virtual, so after you sign up, you get a digital wallet that can be used for paying for services on loads of online sites. To top up the account, you can use various Internet transactions, bank cards, and other methods. Additionally, users can add their cards (debit/credit) to make transactions via PayPal that will serve as a buffer between the bank and the gambling site.
How to Use the Service
Users who are new to the service will spend up to several minutes to understand how it works. Actually, the guide on using it is here:
visit the official site and sign up for free;
verify your account (email, personal details);
add the cards you are going to use to the account (you can have separate accounts);
start paying for various services online: as soon as you select PayPal, the funds will be deducted from the funding source you choose.
Making Deposits at PayPal Casinos
That’s why we are discussing all these things: in order to explain to you how this service can help top up a casino account. Let’s find out how casino PayPal deposits are working.
Check the balance of your PayPal account or make sure that it’s connected to the source that has enough funds to make the necessary transaction.
Navigate to the payment section of your casino and select this method.
Specify the amount you are going to deposit (make sure that it meets the minimum limits the site has).
Confirm the payment and give it a few minutes to be processed.
Finally, you can start playing any game you like for real money.
And remember that this method is usually compatible with match bonuses that can include bonus money and Free Spins.
This task won’t be complicated as online casinos PayPal works with always provide a detailed guide on doing any kind of transactions. We also will explain how to withdraw casino winnings via PayPal.
Verify your profile: it’s required on almost any sites, especially when the amount to withdraw is big enough.
Visit the Cashier section and opt for the withdrawal option.
Choose an amount to withdraw (according to the casino’s limits per day/week/month) and find out whether any fees take place.
Find out how long the transaction will take (they are usually instant) and agree if you are happy with the following terms.
Wait for a while and spend your money.
Just keep in mind that the process can be slightly different as it depends on the interface and the parameters of the gambling site you choose.
Benefits & Disadvantages of the Payment Method
Year by year, PayPal casinos are conquering the gambling industry. And the reasons for that are the benefits of the method we are going to describe. But don’t forget that there are always two sides to the situation, so the cons should also be considered. Let’s take a look at both of them!
Among the strong qualities of the payment method, users highlight the following benefits:
PayPal is legally working with licensed online casinos;
it’s already familiar to those who prefer online shopping;
the service is free and doesn’t require special skills to use it;
you can connect it with your bank account to with your card, but do it quickly;
PayPal is secure and can boast of a great reputation;
payments are comparatively quick (though deposits are faster than withdrawals);
a mobile app of the service simplifies the things for those who prefer paying on-the-go;
the support of the service is responsive and can solve any problem of players;
if necessary, the funds are automatically converted;
gamblers can benefit from various deposit bonuses.
The list of advantages is impressive, but we can’t forget about the weak points of PayPal in gambling.
There are certain geographical restrictions: for example, players from India, Egypt, Turkey, and the US won’t be able to use the method to place a bet.
Occasional fees take place sometimes: it’s not a common case, but remember to check the conditions before making a payment.
Some casinos don’t work with it: but it’s not even a disadvantage when you understand why. The thing is that the brand is working only with the online casinos that are reliable enough, have all the necessary licenses, and all their other features are on the top. And why would you play on a site where these parameters are missing?
Safety Issue: How to Make Sure That The Method Is Safe
We understand that players appreciate not only convenience but also the safety, that’s why PayPal casinos should be safe, as well as the method in general. Coming ahead, don’t worry: the service is safe, and we can both explain why and give several tips to avoid fraudulent sites and the cases of meeting scammers.
The method has been around for years, and its reputation proves that you can trust the site. This is not just a matter of words as the tools that protect the data and money of customers are Fraud Protection, Buyer Protection, and data encryption measures that let users rest assured and relax.
Safety at Online Casinos That Accept the Method
Besides the security measures of the service, PayPal casinos also should take care of this issue. And they do. Operators can prove that both the games and the transactions are fair and protected. That’s why casino owners hold numerous certificates and licenses (eCOGRA, MGA, UKGC, etc.).
Of course, it’s also up to you to avoid scammers and remember about the things that can protect your money. So here, we’ll describe the most common problems and the ways to avoid them.
Avoid emails from scammers
If a casino or PayPal staff will get in touch, you will get an official email. And the representatives of these companies will never ask you to provide a password or pay for additional services. If you get an email and aren’t sure that it’s official, contact the support on the official site to find it out.
Visit only reputable gambling resources
When you make a payment at online casinos, you type in your personal details. And if the site is fraudulent, it will capture these details to steal your money. That’s why it’s important to visit only proven sites (we have a list of those).
Check the amount you are going to pay
It’s always good to check an amount that you want to pay, because sometimes a small typo can turn a $1000 deposit into a $10 000 transaction. And as it’s really hard to arrange a refund, it’s much easier to be attentive and check the details one more time.
Keep your password private
First of all, the password you set should be unique and complicated enough. Additionally, it’s important to keep these details private: remember to log out when using a public computer or somebody’s phone, don’t send a password to anyone, change it if you notice something suspicious.
It’s not exactly about safety, but about maintaining control at a PayPal online casino. You should remember that responsible gaming will let you spend as much as you were going to, and not a penny more. Plus, you should know when to stop. There are numerous tests and tips to show you when the problems with gambling addiction take place. If a problem takes place, players can use self-exclusion and other options or additional tools to protect themselves.
Casinos That Accept Paypal
And now it’s time to choose the best PayPal casino that has all the qualities to provide you with a perfect gaming experience: hot slots, fascinating bonuses, and other perks. We can tell you how to choose the most engaging casinos and what parameters to keep in mind.
Choosing the Site to Play for Money
Yes, we have a list of sites that are trustworthy and invite you to have a good time. But if you are going to delve into details yourself, take a peek at the characteristics to keep in mind.
How We Help Our Readers to Choose a Casino
Our team strives to help players understand how PayPal works and find online casinos that accept the service. We give useful tips to pick a good gambling site and avoid scammers. Additionally, we provide a list of trustworthy online casinos that have thrilling features to satisfy even the most demanding customers. In other words, we are your helping hand in the world of gambling.
What Casinos to Avoid
Unfortunately, not all online casinos PayPal works with are equally fair. That’s why we list the qualities that reveal the gambling sites to avoid:
poor licensing: no one regulates how fair your games are;
lack of alternative payment solutions: you always have to have a plan B;
a small catalog of games: if you can’t see a list of titles from the leading providers, you’d better leave this site;
a complicated interface: it’s not convenient when you don’t understand where to look for the games and how to contact the support;
bad reviews from gamblers: these reviews should be proven (eg. with screenshots) to show that the site really isn’t worth your time.
And as PayPal isn’t working with rogue projects, you can rest assured and just enjoy the games.
Other Things to Keep in Mind
As you can see, PayPal is a really easy-to-use payment service. The basic things about it are listed above, while online casinos you choose always try to provide you with necessary guides and tips. And some more things players should take into account are the following.
Alternative Payment Methods
If the casino you choose doesn’t accept this method or you just want to choose the additional option for yourself, opt for the alternative payment solutions we overview. These services can be eCheck, Paysafecard, Visa/MasterCard, etc. You should take a note that e-wallets guarantee instant payments, while bank cards allow you to get winnings directly into your bank account.
Bonuses and Paypal: Real or Not?
As we’ve already mentioned, PayPal bonuses are available and you can get a whole lot of presents. Just bear in mind that all of these promotions have certain conditions that are sometimes rather strict. For example, a minimum deposit to activate the promo and a wager to cancel the bonuses then. That’s why we highly recommend reading the fine print attentively and claiming only those bonuses you can really benefit from.
This issue is quite serious as, unfortunately, the online casinos of not all countries can work with the payment method. The list of prohibited territories includes India, Egypt, the US, and Turkey. But if you are not sure about your jurisdiction, contact the support team to make sure that you can use the service.
Transactions Processing Period
This question is what many players are interested in. We recommend, first of all, to read the conditions of your current site and ask the support if you are not sure. But in general, deposits are all instant, and withdrawals are processed within several days.
Playing for Free Before Making a Deposit
The last good tip we can give is to play for free before making a deposit via this method. You can try out any games of the casino (except Live) and understand the mechanics of each slot or table title. Of course, it doesn’t bring you real winnings, but what you get is an experience and an understanding of how things work. All the bonuses and features the game has are available in a demo mode. But some online casinos require gamblers to sign up before testing the games.
To conclude about the best PayPal casinos, they are a perfect option for those who prefer a blend of safety, interesting games, and nice promotions. We provide the list of these sites and help players who want to choose a platform themselves to reveal both the honest and the fraudulent sites (to avoid them). And if everything about PayPal is clear, head over to the trustworthy PayPal online casino you have chosen and have the luckiest games ever!
There are several reasons for that: PayPal is gladly working with iGaming sites, provides safe and fast transactions, and is usually used for online shopping.
Lisa works as a content writer and specializes in delivering top tier i-gaming content which is why her articles and blog posts are always very engaging and informative. Well spoken, and does her research very well in an industry where transparency, honesty and constant follow up is a rarity.
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