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Did you know that PayPal casinos offer more privacy than you get when using your credit or debit card to make a deposit? PayPal effectively acts as a middleman between you and the online casino.
Why is this important? Because PayPal doesn’t share your personal or financial information with the casino. In turn, this protects your data, reduces your online paper trail and keeps you distanced from targeted advertising, online theft or hacking. However, that’s just one of the many advantages of choosing the PayPal brand as your preferred payment method.
Without wasting any time, here is a quick summary of the main advantages and disadvantages of using
online casinos
and betting sites with PayPal. I’ll expand on some of these points a little later and also walk you through the process of using PayPal to make an online casino deposit or withdrawal.
PayPal is a US-based e-payment solution that has been around since the late 1990s. Effectively, it is the original e-wallet and remains the most widely used and trusted payment solution of this type today.
It is currently available in more than 200 countries worldwide and is accepted at a number of reputable online casinos and betting sites. As a result, it’s one of the most popular casino banking methods, and is highly-rated amongst players and experts like myself.
PayPal is a household name across the world, and many of you reading this will already have a PayPal account. This makes it a quick and convenient solution that requires minimal effort – which is something that I can definitely get on board with.
However, there are some other advantages to using PayPal casinos that you may not already know about:
When you fund your online casino account using your bank account or even use a credit card casino, your personal and financial details are made available online. Conversely, PayPal doesn’t share your details with the casino site, protecting you from online hackers, marketers, spammers, and other unwanted eyes.
PayPal is one of the most secure and trusted e-wallet brands in the world and only permits its services to be used by legitimately licensed casino sites. More importantly, the company and software don’t stand still – it is constantly being updated for your security and convenience.
Online casino deposits made using PayPal are processed instantly, and most withdrawals take less than 24 hours to complete. This is much quicker than a standard Visa casino payout and way speedier than bank transfer withdrawals, which can take up to five business days to reach your account.
PayPal doesn’t charge you any fees for outgoing transactions. Therefore, when you deposit funds at an online casino, you won’t need to worry about hidden charges being applied.
As well as being available in over 200 countries worldwide, PayPal is also supported as a payment method at a large number of online casinos and betting sites.
It is no accident that PayPal has been the number one e-wallet since the early 2000s. Its established reputation continues to grow, and it is one of the most trustworthy brands, which gives you peace of mind.
The pros by far outweigh the cons when using a PayPal casino, however, there are a few downsides. While PayPal doesn’t charge you anything to send money to an online casino, it may charge a small fee when you receive it. The standard fee is 2.9% but may be more for international transactions where there is a currency exchange involved.
If you like the sound of what you have read so far, then your next step is to create a PayPal account, which you’ll need to do ahead of signing up with your chosen online casino. It is a very quick and easy process that can be completed in just a few simple steps:
Once you have created your PayPal account, or if you already have one, just follow this guide to make your first online casino deposit:
You can see how this process works at a specific betting site by consulting our GG.Bet sports review. For now though, here is a look at how the process works in general across the board:
As a long-time casino expert, I don’t merely want to inform you about which brands I think are the top five PayPal casinos, I also want to show you why. So here I have shared with you the main things that I consider when I test and rate online casinos, sportsbooks or other gambling sites.
The first thing I would look for is to check that PayPal is included in the list of deposit and withdrawal options. On top of that, I also check out the minimum and maximum payment limits, confirm that the casino won’t charge me any transaction fees, and make sure that I’m happy with the transaction processing times.
All online casinos have a welcome offer for new players, but only a select few have one that I think is truly decent. As well as assessing the bonus and T&Cs, which is vital, I also make absolutely sure that PayPal is a compatible payment method before I claim any bonus.
In my opinion, a good online casino should be user-friendly and accessible for players of all experience levels. If you are a new player, you will want a simple layout that is easy to follow. On the other hand, more experienced players like myself will want to find some tools and features to enhance their overall experience.
These days, the vast majority of us play casino games on our phones or tablets. Whether an online casino offers a dedicated mobile app, or a well-optimized website makes very little difference to me personally. Each has its pros and cons, but as long as I can experience great gameplay, I’m happy with either option.
There are two simple things I look at here. First of all, is the casino legally available in my location and, secondly, is it safe and secure for me to use.
As I mentioned previously, almost all online casinos will offer some form of welcome bonus to new customers. However, once that initial bonus is long gone, I still want to find that said before, all PayPal casinos. However, the best sites also reward their most loyal players.
While there are some casinos, such as Stake.com, that use their own software, the majority of games at most online casinos are supplied by third-party software developers. As a result, we must check and verify the quality of the providers. Generally, we start by looking for top names, such as Pragmatic Play, Betsoft, and Play ‘N’ Go.
Last but certainly not least, this is probably the most important aspect of any online casino. The main reason that we all sign up for an online casino is to enjoy playing games, so we must ensure that there is a decent selection available.
As you can see, there are a number of attributes that I consider before rating the very best PayPal online casinos in December. While these all play a crucial part in the process, I believe that your own personal preferences should be considered along the way.
Security, licencing, support, and eligible payment methods should create the foundations for your PayPal online casino experience. However, it is important that you consider your preferred style of play, understand your own activity levels, and be aware of your available bankroll before diving into an online casino with the largest welcome bonus.
I’ve found that online casino bonuses come in many different shapes and sizes, providing you with a great way to personalise and kick-start your time online. In this convenient table, I’ve managed to offer a quick overview of the most common bonuses you will find.
| Bonus Type | Overview |
|---|---|
| Deposit Match | A deposit match is the most common type of new customer promotion you will find at a PayPal online casino. As the name suggests, you’ll be expected to make a qualifying deposit before receiving a matched bonus based on a set percentage. |
| No Deposit Bonus | The no deposit bonus is another aptly named promotion. No deposit is required to release this specific PayPal online casino bonus; however, you may be expected to enter a promotional code or reach a certain level/milestone within the VIP program. |
| Free Spins | Free spins are often offered as part of a welcome package or as a “thank you” for reaching a certain level/milestone within the VIP program. They will have set values attached to them and can only be used on specific titles. |
| First Bet Offer | A first bet offer provides you with a little security blanket on your first few spins. Generally, this bonus will have a capped value or time attached, allowing you to win a certain percentage of any losses back in credits. |
Beyond finding yourself a bonus that ticks all of your boxes, you’ll wish to find yourself a number of additional perks that help to fully personalise the experience. For those of you just getting started, I’ve provided a short list of some key considerations to take in mind.
PayPal might be one of the best known e-wallets, but it isn’t the only one. While it is the safest and most well-established, there are a few alternatives out there that you can check out.
Before I round things off, here is a quick overview of some similar online casino deposit and withdrawal payment options:
While online casino aficionados might make a case for some of the newer and more niche e-wallets and payment solutions, as a long-standing online casino enthusiast, I can assure you that there are plenty of good reasons why PayPal is still the number one e-wallet provider in the world.
Not only is it a trustworthy brand, but it also works with almost any currency and is accepted by most legitimate casino sites and online casino apps. Moreover, you can enjoy fee-free deposits, private and secure transactions and fast withdrawals. So if you want all of the convenience of using your bank card, but with enhanced privacy, then I highly recommend using PayPal for your online gambling.
Yes, many online casinos support PayPal as a deposit and/or withdrawal method. Even some cryptocurrency casinos allow you to purchase crypto using PayPal and deposit it into your online casino account on their platforms.
You will find there are more online casinos in the world that support PayPal transactions than those that don’t. You can discover more about PayPal and explore some of the best online casino brands like Stake.com, 1xbet and GG.Bet by reading my guides and reviews.
While the withdrawal times differ at each online casino, PayPal payouts are generally processed within 24 hours. Although this is much faster than what you’d get at a Mastercard casino site, it’s worth noting that some casino brands will have a ‘request approval’ time to take account of too.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
