Gambling Sites That Take Paypal
- Csgo Gambling Sites That Take Paypal
- Gambling Sites That Take Paypal
- Csgo Gambling Sites That Take Paypal
- Online Gambling Sites That Take Paypal
- Gambling Sites That Take Paypal
For that matter, all PayPal payments at online websites are instant. Withdrawals, in general, are also instant from PayPal's side but there is processing time imposed by the casino sites. How long does a PayPal withdrawal take at online casinos? Withdrawing from an online casino using PayPal can take anywhere between seconds and 7 days. 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.
Those players with gambling problems can use this self-exclusion system to make the entire process more comfortable. Once you register the details at Gamstop, the player will be offered a verification process on every online casino site. The registered and verified players are not allowed to use online casino services anymore. PayPal is once again embracing sports betting and gambling. PayPal now only allows for gambling transactions in jurisdictions where it is legal and with companies that are licensed. However, that wasn’t always the case. In the early 2000s, PayPal was a top method of deposit/withdrawals for a number of off-shore gambling sites.
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.
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 UpCsgo Gambling Sites That Take Paypal
” 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.
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.
FAQ
Do I have to open an account with PayPal to use their services?
Do any online casinos accept PayPal?
What are PayPal fees?
Are PayPal transactions safe?
Are PayPal casino transactions reversible?
How long does it take to withdraw money via PayPal?
PayPal is a pioneer online payment method founded back in 1998. Since eBay purchased it in 2002, it has focused on providing users with safe and fast money transaction options. PayPal has since become the perfect tool for not only buying on eBay and other retailers but also for funding betting accounts and collecting your winnings. It can store funds, move them quickly and safely and without disclosing your bank info, and as such, it has earned an excellent reputation among punters.
Punters from Canada and around the world are using PayPal for betting due to its reliability, quickness, and how easy you can operate it. In this article, I will show you how to use PayPal for betting in Canada, as well as:
- What sites accept PayPal
- How to make PayPal for online betting — making deposits and withdrawals with PayPal
- What the advantages and disadvantages of using PayPal for betting are
- Is PayPal secure and what are the fees
Read on to find out more about PayPal betting in Canada.
Recommended Canadian PayPal Sports Betting Sites
CAD 250 | 5/5 |
2 | CAD 200 |
CAD 200 | 4.9/5 |
4 | CAD 500 |
CAD 2500 | 4.9/5 |
6 | CAD 125 |
CAD 200 | 4.8/5 |
8 | CAD 200 |
CAD 500 | 4/5 |
10 | CAD 2500 |
Why Use PayPal for Online Betting
Contents
- How to Use PayPal for Online Betting
- Pros and Cons
PayPal entered the online betting and casino markets as a payment method in 2009, perhaps a bit later than other methods known to Canadians, such as Skrill and Neteller. However, it has been a running e-Wallet for much longer. Countless transactions that occur on PayPal everyday vouch for its ubiquitous use and potential. Partnering with eBay has only added to its stability and security.
As a bettor, security, stability, and how fast the transactions are completed are essential features, and PayPal has not failed. They have six layers of preventive and protection measures in their practice: they monitor all transactions 24/7, resolve any disputes, employ the latest encryption technology, fraud protection and data security, as well as global member protection.
With PayPal, bettors will have access to many of the deposit bonuses online betting sites offer to new users. Online betting sites in Canada bolster the use of PayPal, as with it, they know their players are protected and can move the funds quickly. The usual form of deposit bonuses used is the deposit match bonus. With the first deposit you make via PayPal, the betting site will match it in bonus funds up to a certain sum so that you can maximize on your deposit.
Also, PayPal was made for the digital world. You can access it through both desktop and mobile devices, making it ever so convenient to transfer funds to and fro your betting account, no matter where you are.
Furthermore, with PayPal, you won’t need to disclose your bank and private data to the betting site as all transactions are done through PayPal, and thus your credit card numbers won’t appear anywhere in the betting sites records.
How to Use PayPal for Online Betting
Betting with PayPal starts by setting up a PayPal account first. There are two types of accounts that PayPal offers: personal and business accounts. The personal account is used for your everyday payments, including betting, while the business one is reserved for e-commerce and business. The entire process is done in a few simple steps.
Setting Up a PayPal Account
- Signing up to PayPal is free of charge, just click on the “Sign Up” button and follow the next steps.
- Now, you need to choose the type of account and provide personal info, such as an email address, and choose your password.
- Next up is linking your credit/debit account to your PayPal account. PayPal links your bank account to your PayPal account, so you don’t need to provide any banking details to the betting site you are playing at.
After you have filled in the banking info and linked the credit/debit card to your PayPal, a small deposit will be made into your account, which will effectively complete the process and prepare you for making deposits and withdrawals in betting sites. Don’t worry. The deposited money will be refunded to your account after a couple of days. Refer to the YouTube link before for a video presentation of the entire process.
Funding Your PayPal Account
Before I show you how to deposit in online bookies, you must first make sure your PayPal account is topped up. You can fund your PayPal account in two ways: through your bank account or PayPal Cash Service. If you go with the bank transfer, you will be requested to choose the bank account as the source of the funds, choose the amount you want to transfer, and then click ‘Add’.
For the PayPal Cash service, you will select the local vendor associated with PayPal. Then, generate the barcode in your PayPal app, show it to the retailer along with giving it your cash, and see your account replenished in 15 minutes. This type of funding the account comes with a small fee.
How to Deposit in Online Betting Sites Using PayPal
After you have completed the PayPal registration and signed in to the preferred betting site, it is time to make your first deposit. To deposit money, first you need to log in with your username and password. Then go to the ‘Cashier’ section that is usually located in the lobby of the betting site and marked with a shopping cart symbol. Select ‘Deposit’ and see a list of all available payment methods.
If PayPal doesn’t come up at first, check if there is a ‘More Deposit Methods’ link that will lead you to the remaining deposit methods available. After you have clicked on the PayPal option, select the amount you wish to deposit. At that point, you will be redirected to your PayPal account where you will need to login and verify the transaction.
Gambling Sites That Take Paypal
After you have completed all the steps, your funds should be transferred to your betting account in a matter of seconds.
Csgo Gambling Sites That Take Paypal
Depositing funds to a betting account using PayPal usually incurs no fees and is instantaneous, which is why so many Canadian punters and bookies endorse it.
How to Withdraw Winnings from Online Betting Sites Using PayPal
One of the major strengths of PayPal is that most of the betting sites that accept PayPal deposits also work the other way around and will facilitate withdrawals as well. To make a withdrawal from your betting account, you need to choose PayPal from the list of options. Type in how much you want to withdraw and then submit your PayPal account data to complete the request.
In case of the very first withdraw using PayPal, your online bookie might ask for some additional info. This information is a part of the ‘Know Your Customer’ policy and requires players to divulge specific personal information such as:
- Personal ID or Passport copy
- Bank Statement
- Utility Bill
- Payslip
Security and Fees
One of PayPal’s famed characteristics is the security protocol they employ to ensure every single transaction is entirely safe. Every payment is encrypted with the latest encryption methods and firewalls, restricting the intrusion from any unwanted third parties. Also, by depositing and withdrawing with PayPal, you won’t have to provide bank info to bookies, already making you a tad safer just by using PayPal.
As far as fees are concerned, there are no fees for deposits in betting sites, but there are for withdrawals. Every time you want to withdraw funds from your PayPal account or to your PayPal account from the betting site, there is usually a 3,4% commission rate. However, specific bookies have distinct fees, so you need to check those first.
Pros and Cons
The advantages and disadvantages of using PayPal for online betting in Canada are:
Pros:
- Reliability. PayPal has been in the business for over 20 years and has completed millions of transactions
- Security. With top-notch encryption, all your transactions are kept safe at all times
- All deposits are instant
- PayPal Mobile Apps are functional and intuitive
- The majority of online betting sites accepts PayPal
- Unlike payment methods such as MasterCard and Pay by Phone, PayPal is a complete payment method. You can use it not only to make deposits, but also to withdraw winnings.
- None of the Canada-facing online sports betting sites we recommend charge you for using PayPal as your preferred banking method.
Online Gambling Sites That Take Paypal
Cons:
- Withdrawals using PayPal come with a fee.
- Foreign currency conversion fees also apply.
Gambling Sites That Take Paypal
Canadian Online Sportsbooks that Accept PayPal
We at Betting.ca have taken the trouble of researching a wide range of Canada-facing online sportsbooks to identify the ones that support PayPal. So you don’t have to search for PayPal online sportsbooks on your own. If you want to pay through PayPal, first create a PayPal account and then select any of the online sports betting sites recommended here.
To start using PayPal at the above mentioned sites, claim free bets, and bet on your favourite sports events, you only have to register now.
A vast majority of people, who use the internet to make purchases or sell things on sites such as eBay, will have a PayPal account.
This is a web wallet type account where they can use the funds in that account to make payments online instantly and securely, whilst also receiving payments for things which they may have sold online.
Due to a PayPal account being an ideal way for you to send or receive payments online, then this payment option is now available at a number of online betting sites, who will let you fund your betting account whilst also being able to withdraw any winnings from your betting account back to your PayPal account.
There are usually no fees associated with sending money to an online betting site nor are there usually any fees charged for receiving winnings from a betting site for the betting sites usually pick up all fees. However when you top up your PayPal account with a debit or credit card you may be charged a small percentage of the amount you put into your account using any of these methods.
Betting Sites that Accept PayPal
Please be aware that not everyone is permitted to use their PayPal account to fund their online betting accounts, as there are some very strict rules in place by PayPal regarding which of their customers, residing in which countries can use their Paypal accounts as a way of funding or receiving winnings to or from a betting site.
So please check through the PayPal terms and conditions to see if you are living in a country they permit such transactions from, and if you are then checkout the following betting sites for all of them will flip you a special free bet or bonus when you start to gamble at their respective betting site!
Conclusion
PayPal is a reliable and fast e-Wallet which services are used by more than 200 million people worldwide. With top-of-the-line security and a range of options, PayPal is particularly attractive to punters who want to see their money in safe hands and quickly available in their betting accounts, which is something PayPal has been doing with outstanding success. What are your experiences with PayPal and betting? I would love to hear your opinion, so please, post your thoughts and comments below.