Paypal is one of the oldest and most secure and hassle-free payment methods available online for making money transfers around the world. Originally PayPal became commonly used at most online e-retailers and major shopping businesses but the trusted Paypal brand has now entered the online casino market.
Paypal however, is found only in a limited number of legitimate casino sites and can only be accessed in certain countries. Currently, PayPal is accepted for gambling transactions online in the UK, Sweden, Portugal, Ireland, Greece, Portugal, Finland, Denmark, Belgium and Austria– some countries even offer cashouts with PayPal.
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One of the main advantages of using Paypal as a payment option is the ability to make purchases with only a bank account. Users may simply connect their bank account to their Paypal account and then make purchases online by transferring the money needed for their purchase to their Paypal account directly from their bank account. While many other online payments systems are available, Paypal is still the most used online money transfer system in the world due to its top security and customer service and its easy to use platform.
Currently, Paypal is used in a number of major casinos and sportsbooks such as LeoVegas, for instance. To learn more about Paypal, its application in with online casinos and sportsbooks as well as all the top benefits and bonuses of using Paypal, read the following tutorial and review.
What is Paypal and how does it work?
Paypal is a licensed worldwide e-wallet payment system that is based in America. The site has been running since 1998 is is considered the first legitimate online payment system to be created. The site is now owned by eBay and continues to be the biggest online transfer method in the world.
The way the site works is very simple. PayPal works like a separate checking account when dealing with online casinos. A user may deposit money into his or her PayPal account via bank transfer and subsequently use the money on any valid online casino.
Paypal doesn’t charge users for to purchase goods or services. However, if you as a user receive money for goods or services such as for a withdrawal from a online casino or sportsbook, the fee for each transaction is 2.9% a tiny nominal fee. WHile 2.9% seems like it could add up, the security and stability of Paypal makes up for any fees that you may incur. Alternatively, players have the ability to make deposits via Paypal and then make their withdrawals through a different payment method.
Why use Paypal when betting online?
To put it simply, convenience and security. PayPal is well known for being secure and reliable taking the risk out of making deposits on casino sites. There’s also very little fraud that can take place when using Paypal as you won’t be required to hand out any personal details, such as your bank account numbers. All of this personal data will be managed by the ultra secure Paypal site.
It’s also lightning quick,with transactions only taking a couple of minutes to be completed. Once you have filled out the deposit or withdrawal information the money will be instantly available for you to use. The withdrawal fee is also quite small at only 2.9%, which compared to the convenience is well worth it.
For currency exchange on Paypal, foreign currencies are automatically converted into the currency at the current exchange rate. Players may decide against this if they do not want to play the fees. In general Paypal always offers a good rate which compares to any bank.
Setting up for Paypal – Step by Step Guide
Setting up your Paypal account is a simple hassle-free process that should only take a couple minutes of your time. Use the following step-by-step guide to ensure you don’t run into any problems setting up your account:
- Visit the Paypal website and click on the ‘Sign Up’ button found at the top right hand side of the page.
- You will be transported to a registration form which will require you to choose your country of residence and provide an e-mail address and password. Click on the ‘Sign Up’ button to continue.
- You will now be sent to the second form on the process which will require that you enter your personal details such as your: full name, date of birth, nationality, mailing address and mobile number. After you have completed the form, tick the terms and conditions box and click on the ‘Agree and Create Account’ button found at the bottom of the form.
- You may now link your Paypal account with a debit card of your choice. This option will immediately pop-up after you have created your account. Type in the card number, expiry date and CVV code to register the card.
- Your account will now be ready to accept or send payments. If you would like to link more cards to your account you may by clicking on the ‘Wallet’ button on the main menu.
Remember that online casino Paypal can only be used as a payment method if you already have a Paypal account. Use the link below to start the registration process.
Using Paypal to Deposit
When using Paypal to pay on an online casino or sportsbook you will be eventually transported to the Paypal website to complete the transaction. Generally you will start off by choosing Paypal as your deposit method on at the Cashier of the your chosen casino. You will be required to choose your deposit amount at the casino.
To complete the process you will need to login to your Paypal account and confirm the payment. Once completed the money will instantly be deposited in your casino gaming account.
Paypal also offers the ‘One Touch’ payment system for certain casinos, which enables you to stay logged into your PayPal account making it easier and faster to make deposits in the future.
Remember that the name on your casino gaming account will have to match the name on your Paypal account for a successful deposit to occur.
Using Paypal to Withdraw
Much like depositing, using online casino Paypal to withdraw requires visiting the site. In most casinos Paypal must be used as a deposit method before players are given the option to use it as a withdrawal method.
To start the withdrawal process, find the withdrawal section of your chosen online casino and choose Paypal as your withdrawal method. You may now type in the amount you would like to withdraw and enter in your Paypal details. From there all you need to do is confirm the withdrawal and wait for the money to appear in your e-wallet.
Withdrawals may take a few business days unlike deposits.It should be noted that not all countries that allow players to make deposit using online casino Paypal will allow for withdrawals. Make sure you read the terms and conditions and have another withdrawal option on hand if you deposit using Paypal in one of these countries. Some examples of such countries are Canada and Australia.
Security at Paypal
Security of money and information is at the very top of the list of things provided by Paypal. It starts when when you sign up for a PayPal account. After this all your personal details are stored in the secure system of PayPal.
Thus, you may use your PayPal account to make real money deposits into online casinos that accept PayPal.
Paypal also provides players with world-class security services such as PayPal’s Buyer Protection. Buyer’s Protection may reimburse you in full for an eligible online purchase when you use PayPal, if the bought item doesn’t arrive or is not the same as described online. Conditions apply for this feature.
Paypal also monitors every transaction 24/7 to help prevent against fraud, email phishing and identity theft. Every transaction is heavily guarded behind Paypal’s top notch encryption technology. Their dedicated team of security specialists is always ready to keep players safe from any fraudulent behavior.
Countries Restricted From Paypal
While Paypal can be accessed in most countries worldwide not many countries allow for online gambling via Paypal and a few have outright bans on Paypal. The US and Canada in particular have very strict rules against using Paypal as a payment method for online gambling.
Currently, most countries which use Paypal as an accepted online casino payment method are found in Europe. To find out if the country you are from accepts online casino Paypal payments you may visit the Paypal website.
The Paypal Mobile App
This feature of PayPal is extremely popular and offers great accessibility for customers. Especially for online casino Paypal players, the ability to make a deposit from your bank to your Paypal account via your mobile device and then subsequently play all your favorite casino games from the same device adds a great convenience and makes playing on the go without a PC possible.
The mobile app feature is available for all smartphones and allows player to: deposit money into PayPal using their phone, gamble online with PayPal deposits via their mobile and even shop online and make transfers between friends through their mobile device.
The mobile app comes with a PIN feature making sure that customers have an added measure of security in case their phone gets lost or falls into the wrong hands.
Paypal Customer Support
If you run into any issues on the Paypal end of your transactions then a knowledgeable and ever-ready customer support team will be at your disposal.
Users may contact the Paypal support team via both e-mail and telephone. The Paypal customer support hotline is available from 5 am – 8 pm on weekdays and 6 am to 6 pm on weekends. User may e-mail Paypal directly through the Resolution section of Paypal.
Alternatively, users may also use the robust FAQ section to answer any simple questions they may have. Almost all frequently asked questions are answered as well as even more specific ones. It’s recommended that users check out the FAQ section before contacting the customer support staff at Paypal.
If you’re looking for an incentive to play at a PayPal Casino, then you’re in luck. Currently casinos using PayPal as a payment method offer a range of sign-up bonuses that you’ll be able to acquire once registering your details to the online casino you have chosen. The online casino bonuses that welcome player usually offer players a bonus on their first deposit which ranges from 100% – 200%. The maximum which can be acquired from each bonus also varies from site to site.
As a player you are advised to check on the terms and conditions which particularly specify information about online casino PayPal deposit bonuses. While some casinos may seem to be offering extremely generous bonus offers, the wagering requirements of the site may make it close to impossible to actually withdraw the money.
Our Top Pick for Online Casino Paypal Bonuses
The Welcome package at Leo Vegas is one of the most generous ones you’ll find anywhere on the internet. With LeoVegas welcome offer you can unlock 50 Free Spins on Big Bass Splash & up to £100.
Online Casinos with Paypal Payment
As mentioned above, many casinos do not have Paypal as a payment option. This doesn’t mean that there is any shortage in Paypal accepting casinos however. Some of the most popular casinos and sportsbooks in fact, allow players to use Paypal.
Some of the more notable casinos that allow players to make payments via Paypal are:
- Vernons Casino – UK Only
- Leo Vegas
- Ladbrokes Casino
- Virgin Casino – UK Only
- Party Casino- UK, Germany Only
- William Hill Casino
All of these casinos are known for having a wide selection of games and sports to place wagers on. Whether you’re a slots fan, table games fan or just want to bet on your favorite sports, all these casinos have you covered.
Best Online Paypal Casinos
Out of all the casinos that offer Paypal as a payment method we have narrow the choice down to what we believe is your best option: LeoVegas. This casino offers a wide variety of choices for players to choose from and provides players with all sorts of bonus incentives to come play at their site. It also couples as great choices for Roulette Paypal casinos, as the game is available with Live Dealers as well as the normal casino software format. The following is a further look into what makes LeoVegas stand out.
Leo Vegas was introduced to in 2012 and has branded itself as the fastest and most mobile friendly casino in Europe. The casino has won quite a few awards in it short history including Mobile Casino Product of the Year by EGR Innovation Awards in 2014. If you enjoy playing casino games on your mobile Leo Vegas is probably the best casino you can find not only in Europe but in the world. The fact that you can use online casino Paypal payments via your mobile just puts the icing on the cake.
In terms of games Leo Vegas has all the essentials that any online casino player could be looking for. Roulette, Blackjack, Slots and Video Poker are all available on your beck and call. Live Casino games are also on offer as well as a range of of promotions and rewards schemes.
If you register today are Leo Vegas you will be entitled to the Welcome Package. The package includes 4 separate deposits which can net you up to £1600 and 100 free spins on the site. No bonus code is required to activate this bonus.
Leo Vegas Key Features
As mentioned before, the Leo Vegas Casino mobile app is at the top of its class. It is arguably the biggest advantage of playing on the site and the sites main selling point.
What’s great about the Leo Vegas Mobile App is that it is not limited to a few games like other sites. It is not a shell of the browser based site but rather the exact same. There are over 400 slots titles to choose from, which can be accessed within seconds. Not many other online casinos can boast the same.
There are also a number of table games, some even with live dealer options which have been perfected for mobile devices at Leo Vegas. The mobile apps for Android and iOS can easily be downloaded by visiting the App stores or by visiting the Leo Vegas website.
Leo Vegas is another Roulette Paypal Casino where players may enjoy roulette via live stream. Since the mobile app is world-class at Leo Vegas these same live dealers can be accessed via your mobile, perfectly optimized for seamless play.
Other games which are currently available for Live play on the Leo Vegas site are: BlackJack, Texas Hold’em, Dream Catcher, Baccarat and Squeeze.
Roulette Paypal Casinos
If roulette is your game of choice then you will find that almost all Paypal casinos cater to roulette players. However, if you are looking for a Roulette Paypal Casino which offers Live Roulette, then your options might be more limited. Some Roulette Paypal Casinos that offer Live Roulette are:
- Leo Vegas
- William Hill
Roulette Paypal Casinos in general, will offer a range of roulette variations including most popularly: European Roulette and American Roulette. The Roulette Paypal Casinos will also offer a selection of different limits based on the stakes players would like to play for.
Paypal – Frequently Asked Questions
Paypal has strict rules as to the application of Paypal accounts in regard to online casinos, as it attempts to keep its clean image. Some of the more frequently asked question with regard to Paypal and online casinos are:
- Can I use Paypal at any online casino?
The short answer is no. Paypal only works on a select few online casinos and sportsbooks. Before committing to a Paypal account make sure that you check the deposit and withdrawal options of the online casino ro sportsbook you would like to play at to avoid disappointment. Remember that even sites that accept Paypal may only accept it in certain countries, so make sure you do your research.
- What alternatives are there to Paypal?
The most popular alternative to Paypal is Neteller. Much like Paypal, Neteller allows players to connect their bank account to their Neteller account. Also available is Skrill, formerly known as Moneybookers. These third party sites have grown to be popular amongst many online casinos but may require transaction fees when depositing money into your account.Other possible alternatives include: Entropay, Apple Pay, Ukash and Poli.
- Which countries accept Paypal payments?
As mentioned earlier the PayPal option is not available in all countries. Currently Paypal can be used to pay at casinos in the following countries: Austria, Belgium, Denmark, Finland, Portugal, Greece, Ireland, Sweden and in the UK. Both Australia and the US are currently in negotiations to allow Paypal to be used as a method in the country, however, it is uncertain when the legislation will pass, if ever.
- What are the fees for using Paypal?
There is no charge for creating a Paypal account. Neither is there any charge for purchasing goods or services. However, when players receive money for a good or service they will be required to pay a 2.9% fee. You may also withdraw money from your Paypal account to bank account for free. If you would like to receive the money in the form of a check instead a small set fee applies.
- How long does money take to actualize in my online casino Paypal account?
Your money will actualize in your online casino Paypal account instantly when making a deposit via Paypal. On the other hand, withdrawals via Paypal may take a few days to actualize. Not all countries that allow deposits via Paypal allow withdrawals as well, make sure you read the terms and conditions before making a decision to deposit using Paypal.
- How much can I deposit using online casino Paypal?
The amount which a player can deposit at any given online casino varies. It is up to the site to set the limits. Each casino generally sets a minimum and a maximum for each payment method available on their site. This information can generally be found in the cashier or payment method section of the site.Paypal is strict on gambling, so they may impose a daily maximum which can be transferred in a day.
Mobile Casino Apps and Paypal
Many mobile casinos apps within Europe allow the use of Paypal. The apps are available in both Android and iOS versions. The advantage of being able to deposit via Paypal directly from the online casino app gives players the flexibility to make Paypal-based deposits from anywhere on the go. This can be very important to players who generally access online casinos via their mobile device.
The following mobile apps are currently Paypal friendly:
- Cherry Casino
- Super Casino
- Royal Vegas Casino
- Moobile Games
- 777 Casino
- Ladbrokes Casino
- William Hill Casino
- Virgin Mobile
Gambling with PayPal Review – Verdict
Paypal is clearly one of the best options to make deposits on online casinos. The only issue that players may run into is accessibility. Other than that, there is no payment method which is as convenient, secure and hassle-free.
Remember that when you use Paypal you won’t be required to hand out any personal details to third party sites which will protect you against possible fraud. Your personal data will only managed within the security of the Paypal site.
All in all online casino Paypal is a great method for getting money on and off sites and should be considered as a go-to option for any player who is looking for security and flexibility in service.
If you haven’t already registered for a Paypal account use the following link to get started.