PayPal is one of the most trusted and widely used 'online wallet' in the world and you'd be hard pressed to find any e-commerce sites where PayPal is not accepted, however; within the gambling industry; it's not that common.
- Online Casinos That Take Paypal
- Online Casinos That Take Paypal Debit Cards
- Online Casinos That Take Paypal Transaction
How To Use Paypal at the Online Casino. The way PayPal works is to act as an intermediary between a wide variety of online casinos and a player's bank account. While the majority of modern online casino. Withdrawing from NJ online casinos to PayPal. Withdrawing your money from an online casino into your PayPal account is a snap, just look for the PayPal logo in the cashier and follow the prompts. Keep in mind that many sites will allow you to cash out via PayPal. Online Casino Canada Paypal. While you can't find as many Online Casinos Canada which take Paypal as in the UK, you can deposit and withdraw your funds in Online Casinos Canada according to the terms and conditions which each casino puts in place. Some casinos will allow deposits but won't allow withdrawals for example. Online Casinos That Accept PayPal. PayPal is one of the biggest online payment methods in the world. It has millions of users across the globe and was the facilitator of 9.9 billion payment transactions in 2018 alone (Statista – PayPal: Statistics & Facts). USA Online Casinos That Accept Paypal From 2000 to 2002, PayPal was the leading money processor for online gambling in the United States of America. After that short period, they left the US market because of the lack of online gambling regulations as they did not want to jeopardize their status.
Today we will show you some of our favorite online casinos that accept PayPal, and we'll also explain to you the ins-and outs of using PayPal to fund (deposit and withdrawal) your betting activities with online casinos and sportsbooks.
Before I go on to tell you why PayPal is one of the best methods to fund your deposits, let me just explain to you why there aren't many online casinos that take PayPal.
PayPal Have Strict Rules:
As we'll mention in the 'benefits section' of why you should use PayPal, the reason not all online casinos use PayPal is because PayPal has strict rules on who they accept as a vendor.
Overall, the online gambling industry can have a bit of a negative 'vibe' to it, and as such, PayPal has taken every step available to make sure they do not associate themselves with any shady casinos. What does payout mean.
Even if an online casino does take PayPal, they only need a handful of complaints from PayPal users until they are completely banned from using the PayPal service.
More so than that, there are also country restrictions.
Casinos Need to be Regulated Before Joining PayPal:
Before any online casino can start accepting PayPal, they need to be regulated by the governments of their country and at the same time, in countries that are also in PayPal's approved countries.
This is both a win and a loss for online players because this regulation does yes prevent a lot of casinos from taking PayPal, but you can also be sure that the few that do accept PayPal are in line with every gambling regulation in place.
This guarantees you, the user, full safety and full transparency of your money. In a nutshell, joining online casinos that take PayPal tend to usually be the safest bet you can take.
So, ready to win big with PayPal and online casinos?
Let's look at some of the top best online casinos that will allow you to use your PayPal wallet as a withdrawal and deposit method.
Betfair
Betfair is one of the UK's favorite online casinos and sportsbook. We have reviewed the sportsbook but still need to do our casino review.
However, we are 100% sure they accept PayPal, and we're also sure that being one of the most-used bookmakers, the casino will be a great experience.
You can see all the Betfair welcome bonuses here.
LeoVegas
LeoVegas are one of our favorite casinos here at Alpha Casinos, so it's with great pleasure that we include the lion on this list.
LeoVegas have a spectacular casino, easy to use interface, superb welcome bonuses and yes; they are also one of the few online casinos that take PayPal.
See our LeoVegas Casino review.
WilliamHill
Another UK favorite is the long-standing giant; William Hill sports book and casino.
While it may not be our #1 favorite, we have listed William Hill in the top 5 casinos that we have reviewed so far.
Yes, William Hill does live up to their legacy, and yes they do take PayPal.
You can read our review and join William Hill here.
Bet365 Casino
Bet365 secures a place on this list because it's a well-rounded sportsbook and casino with a long-standing history of high-quality service and 1000s of satisfied punters.
Proof of this is their highly extensive betting markets and highly competitive odds, and yes, they also accept PayPal.
Find out about Bet365 casino and their incredible welcome bonuses here.
Why You Should Use PayPal?
Safety & Security
PayPal is extremely secure, probably as much as crypto currencies, so whenever you are using PayPal, you can rest assured that your funds and the casinos you are dealing with are all as safe as can be.
It's Commonly Used
I am sure you have heard and maybe even used PayPal (or at least saw how widely accepted it is).
PayPal is everywhere, and for good reason too; they keep an ethical approach to their business and using PayPal for online gambling would be the smart thing to do.
More Casinos Will Take PayPal
PayPal is tough when it comes to online casinos and their regulations, but as time goes by and more and more casinos will start getting regulated in different countries this more and more online casinos will start accepting PayPal.
We are sure this list of 4 online casinos that take PayPal will only continue getting bigger in the coming months and years.
It's Easy To Use
Setting up your PayPal account is super easy if you do not know how we you can see the detailed guide here or a short how-to mini guide below:
How To Start Your PayPal Account
All you would need to do is to visit PayPal.com and register using your email address and password.
Once that is ready, you would just need to add a credit card or a bank account to your PayPal, and you are good to go. Easy.
(Some) Alternatives To PayPal
Now that we have talked about PayPal, how about some other PayPal alternatives that you may also want to consider?
Some of the best know e-wallets in the online gambling world are:
- Skrill
- American Express
- Boku
- MoneyBookers
- Alipay
- BitCoin
- Visa
How To Get Started With A PayPal Casino
A few days ago, we published our guide on how to start playing online casinos games. In that guide, we went through the exact process of how to sign up to a new casino.
If any of the above-mentioned casinos have interested you in joining them, we advise you to either read our sign up guide or else follow the links above, and you can go ahead and register for the bonuses.
Closing Words
Card counting rules. Thanks for reading our list of the top 4 online casinos that take Paypal.
As we mentioned in this post, we look forward to seeing more and more online casinos start accepting PayPal and we wish you all the best in your betting endeavors.
Feel free to read more content from our blog here, or some more gambling news on our Medium channel.
Talk soon.
PayPal is one of the most popular ways to deposit and withdraw at online betting sites. The easiest way to deposit to a bookmaker, casino or poker room by PayPal is through an existing balance. This can be received through a transfer from a friend or a sale over the internet at an auction site such as eBay.
There are several other ways to fund a PayPal account. An instant electronic check may be drawn directly from a bank account. Large transfers are available through bank wires. European bettors may also use a credit or debit card, including the PayPal Extras Mastercard. Players in the US may not use a credit or debit card to fund an account at a regulated poker or casino site.
Paypal betting sites & sports betting apps
If you're in New Jersey, Pennsylvania, Indiana or West Virginia and you want to use PayPal to bet on sports, you're in luck. A number of online sports betting apps and sites use PayPal
PayPal betting FAQ
Can I use PayPal on betting sites?
It depends on where you are. PayPal only allows deposits to sites that are fully licensed in their resident jurisdictions. Reel em in big bass bucks.
So, residents and visitors to Nevada and New Jersey can use PayPal because those states allow PayPal as an option. Similarly, countries outside the US can elect to allow PayPal as a payment method for their online gaming sites.
However, in unlicensed areas, such as most of the states in the US, PayPal cannot be used on betting sites.
Can you buy Bitcoin with PayPal?
No. PayPal does not allow users to purchase Bitcoin or other cryptocurrencies at this time.
Are there fees associated with using PayPal at online betting sites?
Online betting sites do not charge a fee to deposit with PayPal. PayPal charges 2.9% to deposit using a credit card or debit card. There is no fee to use an existing PayPal balance or an electronic funds transfer from a bank account.
Can you deposit using PayPal if you don't have a PayPal account?
Players must create an account with PayPal to use it as a deposit method. It is a quick and simple process that only takes a few minutes.
Can you use a family member or friends account to deposit via PayPal?
No. A PayPal account used to deposit at a betting site must belong to the account holder.
Why don't I see PayPal as a withdrawal method?
PayPal will appear as a withdrawal option once a successful deposit using the method is made.
How do I withdraw from PayPal?
PayPal withdrawal options include electronic check and check by mail. PayPal has a debit card that may be used at any retailer that accepts credit cards. It can also be used to withdraw cash from an ATM.
Are there any online casinos that accept PayPal?
Yes. Within in the US, some online casinos in Nevada and New Jersey accept PayPal.
Outside the US, several countries accept PayPal as a deposit and withdrawal method. Please check each casino website's frequently asked questions for more specific details about banking methods at that site.
Is PayPal a safe way to deposit at betting sites?
Yes. PayPal is just as safe as using any other ewallet. It is safer than using a bank account directly as it provides an additional layer of security between the betting site and the player's financial information.
What are the advantages and disadvantages of using PayPal?
PayPal offers instant deposits. Credit cards, debit cards, and electronic bank transfers are among the deposit options. Players can also use PayPal for traditional purchases and eBay sales, making it more useful than some of its competitors. PayPal balances can also be created by receiving a transfer from a friend or business. The main disadvantage of PayPal is that there are deposit fees associated with credit card deposits. Withdrawals can be slower than other ewallets.
What countries are allowed to use PayPal?
PayPal is available for betting sites in Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Portugal, Spain, Sweden, and the UK. Nevada and New Jersey players may use PayPal for online gaming deposits in the US. PayPal is also a deposit method for horse racing sites in the United States.
Why can't US players deposit at a betting site using PayPal?
PayPal only permits gambling transactions in jurisdictions where it is licensed. That is why it is available in Europe. Countries license online betting sites. Nevada and New Jersey online gambling sites are also permitted to use PayPal as a payment option. The online sports betting sites available to players outside of Nevada are not licensed. They are located offshore. PayPal refuses to do business with those sites.
Didn't PayPal once process payments for offshore sites?
Online Casinos That Take Paypal
Yes. PayPal was once the main ewallet for offshore gaming sites that accepted US players. This included poker, casino, and sports betting. The company processed these payments from 2000 until November 2002. PayPal paid a $10 million fine to the US government for these transactions in a civil action.
Why do DraftKings and FanDuel accept PayPal?
DraftKings and FanDuel are daily fantasy sports sites. These businesses are considered to be skill gaming under most state laws. PayPal's legal opinion is that processing payments for FanDuel and DraftKings are legal in all jurisdictions that it operates.
Can you use PayPal on bet365?
Yes. Many countries that host bet365 allow players to make deposits and withdrawals with PayPal
Can you use PayPal on 888?
Yes. When you are about to deposit you will be directed to a PayPal login page. Simply enter your email and PayPal password to access your account.
Does betway accept PayPal?
Yes. betway does permit PayPal as one of its banking methods. However, it may be necessary to open a PayPal account specific to the country in which one's betway account resides.
History of PayPal in online betting
PayPal was the first major ewallet on the Internet. It allowed individuals the ability to send money to a company or another person. It became the most popular way to purchase an item on Ebay. It was also the top choice for online gambling sites that accepted Americans, although it was a trivial amount of PayPal's total business.
Online gambling transactions accounted for about eight percent of PayPal's entire processing business in 2002. PayPal had little business outside North America at the time. That has changed drastically and PayPal is now an international company that processes payments in over 100 countries.
eBay acquired PayPal in 2002. The company has since split and became two different companies in 2015.
Online Casinos That Take Paypal Debit Cards
eBay purchases PayPal
PayPal stopped processing online gambling payments almost immediately after the 2002 merger. This left the US online gaming market with a massive void. Firepay and Neteller quickly came to the rescue. Both of these companies ran into legal trouble in 2006 and 2007, respectively.
The combined company became the target of a federal investigation into its online gambling payment processing in 2002, even though PayPal was an independent company when the alleged transactions took place. The company agreed to pay a $10 million civil settlement to dispose of the case in US Court in the Eastern District of Missouri. The amount was estimated to equal the amount of profit PayPal made during the two years it processed online gambling payments.
PayPal returns to online betting
PayPal stayed out of the online betting business until 2009. That is when the company decided to start processing payments again for the online gaming industry. The difference is this time around, the sites PayPal did business within the sector were fully legal and licensed in the jurisdictions where PayPal processed payments. This generally meant that the United Kingdom was the only country where PayPal was available as a deposit and withdrawal option.
Betfair was the first online betting site to use PayPal in Europe. Maybe not coincidentally, Betfair never accepted US players for any of its offerings, even before the Unlawful Internet Gambling Enforcement Act went into effect in 2006. Before that time, virtually every online gambling site accepted US players.
Betfair is known as a betting exchange. It differs from a typical betting shop as it allows players to set buy and sell prices similar to a commodities or stock market. Betfair takes a percentage of the win. This gave PayPal a unique entry into a complicated industry.
It was not long before other UK sportsbooks got approved by PayPal to use it for payment processing. Bet365, Ladbrokes and William Hill were among the companies selected to expand PayPal's European online gaming business. Other online gaming companies that accept PayPal include 888, bwin, PartyPoker and Paddy Power. PayPal continued to only permit its use for online gaming purposes in countries where the activity is specifically legal and licensed.
Bet365, Ladbrokes and William Hill are among the strongest online gaming brands in the world. Each specializes in sports betting with online poker rooms and casinos falling secondary to the main business. All three started out as live betting shops throughout the UK. Each started to move its business to the Internet in the mid-2000's during the online gaming boom. Bet365 sold its bricks-and-mortar betting shops in 2005. Ladbrokes and William Hill continue to operate them, lending even more credibility to the online business.
Online Casinos That Take Paypal Transaction
PayPal continued to operate its eBay and person-to-person business in the US. This included payment processing for traditional online businesses. It also permitted some uses within the skill gaming sector. This includes Worldwinner, a skill-based site owned by GSN. Worldwinner also processed payments to less traditional skill gaming sites that include Gamesgrid's backgammon games and duplicate card games like spades, bridge and poker. Duplicate cards deal all players the same cards and score based on the difference in points between the participants.
PayPal enters daily fantasy payment processing
The next big move in the US for PayPal was daily fantasy sports. The contests are believed to fall under skill game laws in as many as 45 states, although there is some debate about the exact number where it is legal. Nonetheless, PayPal processes deposits and withdrawals for all sites in all states where daily fantasy companies operate.
New Jersey, the next step for PayPal
The next step for PayPal in the online gambling industry came in 2015. That is when PayPal and Caesars Interactive Entertainment started processing online poker and casino payments for WSOP.com and Nevada and New Jersey, as well as 888, Harrah's Casino and Caesars Casino.
PayPal continues to be the largest ewallet in the world. Its movement back into the online betting industry helped it compete with Neteller and Skrill in Europe. Becoming a processor for big names like Betfair, Bet365, Ladbrokes and William Hill helped give it brand awareness in other countries where it may not otherwise have received the attention from players.
