Are you looking for betting sites that accept PayPal? Are you tired of difficult and slow payment transactions? Check our list of reliable PayPal gamblling sites.
Popularity of PayPal gambling sites is growing
Gone are the days when you had to visit a brick-and-mortar betting house to place a wager. These days, most reputable bookmakers are accepting bets online and payments and withdrawals can be made using an online payments processor.
There are a number of online payment gateways that bookmakers use for years but PayPal is emerging as one of the most popular options. Betting apps that use PayPal are safe and legit because they’ve been verified according to PayPal policies.
You can find bookmakers that accept PayPal all over the world while opening an account with PayPal is relatively easy. You should bear in mind; however, that betting with PayPal may require submission of a set of documents if you are to have a verified account that lifts some restrictions on your PayPal account.
Why PayPal gambling sites are popular
Bet sites with PayPal enable you to place wagers without revealing your credit card or bank account details. This is also a convenient way to make an online betting PayPal deposit without jeopardizing your credit card or bank account credentials.
It is actually for everyone: for individuals, businesses, partners, and developers. PayPal is one of the most popular digital wallets for bookmakers and gambling sites. According to a study by azBookmakers team, there are more than 100 bookmakers that accept PayPal. And it starts with bet365.
In fact, PayPal gambling in the UK, PayPal gambling in the USA, and PayPal gambling in Australia is still the most popular method to make sporting bets online. It is partly because to gamble online with PayPal is easy but also because their service is quite secure and provides reliable protection against unauthorized access.
Low interest rates and increasing number of churn customers at Skrill and Neteller are changing the market for bookmakers funding options. With digital wallet becoming an increasingly precious and important resource for every online gambler, it is worth considering how to find the best bookmakers payment provider.
Save time with PayPal sports betting
Discovering a fast and cheap deposit method can be one of the most exciting things to dream about as a bettor. It all starts with an understanding of what you’re trying to achieve, how fast you want to transfer your funds between bookmakers, how important is security to you and how much do you want to pay in fees.
Regardless of your technical skills or betting experience, the payment method can play a role, which in some cases can be detrimental to the success of your betting strategy. Luckily, there are so many funding options and while it is the norm for many of us, for some, paying a transaction fee is a nightmare. PayPal online gambling provides a secure and time saving method to bet safely and fast.
We should also add that PayPal does not impose additional fees on accounts you use to make online wagers. Neither the account holder nor the betting house owe fees to PayPal and the payments service does not restrict the amount of your monthly deposit. This adds to the attractiveness of PayPal as an affordable payment method for both seasoned and novice gamblers.
Opening a PayPal account for betting
At first glance, opening a PayPal account for betting of other purposes is easy. You should have in mind, however, that PayPal may ask for various documents ranging from national ID card to driver’s license to a copy of utility bill to prove your identity.
It might be a long process in some cases but the good news is that PayPal actually do not ask what you are using your account for and does not prohibit you from placing online bets in jurisdictions where it is legal.
Also, PayPal may put limits on your account if it is not verified in accordance with their policies. It might require submission of additional documents for your account to be verified and limits lifted.
PayPal gambling: what you need to know
It is not that hard to find PayPal friendly bookmakers using the list we have complied after careful research. We strongly advise you to read through the entire list to find those PayPal betting websites that best fit your requirements and gambling strategy.
Whomever you choose, you must bear in mind a few PayPal policies regarding account creation and maintenance as well as the PayPal gambling policy.
As put on their official website:
“PayPal prohibits transactions for gambling activities by merchants and account holders in the U.S. and any jurisdiction where gambling activities are illegal, and by merchants whose services are accessible to account holders in the US and Canada.”
Therefore, PayPal betting is available mostly outside the United States but some PayPal betting sites in the USA are working on methods to legally provide wagers in the US. In fact, each merchant willing to provide betting services should get approval by PayPal independently.
This applies in particular for PayPal betting sites in the US and PayPal betting sites in the UK.
To conclude, most sportsbooks that accept PayPal do this through their affiliates located outside the US and the UK, which does not make them less reliable or reputable.
Another important clause in the PayPal policies is that their PayPal protection policy does not cover deposits made with PayPal bookies or online casinos. This is not a huge problem, however, if you are placing your wagers at reputable PayPal bookmakers. Actually, you cannot take advantage of PayPal credit gambling but need to deposit a certain amount with your favorite PayPal sportsbooks.
It is a bit more difficult to find horse betting sites that accept PayPal due to the above mentioned restrictions by the payment processing service.
The best PayPal bookmakers
You can find the complete list of PayPal betting sites in the azBookmakers main table, where you can choose from carefully selected bookmakers. PayPal is powering many of the biggest names in the gambling industry.
Gambling at PayPal casino online
Gamblers interested in using PayPal for playing casino games online have a wide choice of casinos to place bets although not all online casinos are accepting PayPal for payments. One would expect that any online casino would accept this hugely popular e-wallet but PayPal’s very strict and selective policies toward gambling sites force some online casinos to look for alternative payment methods to offer to their clients. Nonetheless, you can easily find a PayPal casino that suits your needs and tastes while all the biggest online casinos offer PayPal.
How PayPal Is accepting a casino on their list
Actually, all the leading online casinos are partnering with PayPal and respectively offer deposits and withdrawals via this method for online payments. Every gambler knows that a PayPal accepting casino should be regarded a reliable one as PayPal enforces strict requirements toward online casino operators and closely supervises each and every PayPal casino.
PayPal have a policy to revoke their license for using their payment method if the company gets a valid number of complaints from gamblers concerning an online casino.
For an online casino to start offering PayPal as a payment method, it should have a valid gambling license in the country where the gambler resides. For instance, a PayPal casino in Europe cannot service players in the United Kingdom if they do not have a gambling license there despite the fact that the European Union unites close to 30 nation states, the UK including.
The online casino must have a license for every single state within the EU to offer PayPal in each respective country. Hence, if you find a PayPal casino in Europe that holds gambling licenses throughout the entire continent, you must rest assured it is a very secure and reliable one as obtaining a license for every single country is quite expensive.
How casino PayPal payment works
Once you have a PayPal account that is tied to a bank account or a credit/debit card, you are good to go for playing online casino games.
Usually, an online casino that supports PayPal is both accepting deposits and withdrawals though the e-wallet. Nonetheless, always check the specific casino’s PayPal payments policy, as there are certain restrictions in many online casinos.
For instance, a good number of operators allow only casino PayPal deposit and require another payment method for cashing out your winnings. There are also online casinos that put restrictions on the amount of withdrawals e.g. the player cannot withdraw amounts exceeding his initial deposit.
When cashing out your money from a casino with PayPal online, you should be aware that credit card withdrawals take longer to arrive in your account – in some cases it takes a week to get the money. So, do not expect your casino PayPal payout to reach your account immediately in most of the cases.
What Is casino PayPal minimum deposit
Most of online casinos offer minimum PayPal deposits starting at $10-$25 or £10-20. On the other hand, there are plenty of low deposit casinos that offer even lower minimum deposits, usually starting from £5 or even less.
Actually, it is not that hard to find a £5 PayPal deposit casino as even the largest online casinos struggle to attract new clients in a very competitive online gambling environment and thus start offering low minimum deposits to attract casual players.
You should be aware that low minimum PayPal deposits does not mean the use of this payment method is free of charges. Many online casinos, including large ones such as Betfair, are charging fees for the use of PayPal. These fees are in the range of 1.5% but they really depend on the respective casino operator.
Does casino PayPal bonus exist
The short answer is – yes, there are PayPal casino bonuses and you can also benefit from PayPal casino no deposit bonus in many online casinos large and small. You can take advantage from casino PayPal bonuses even if you opt for a casino with low PayPal minimum deposit.
A casino PayPal bonus varies depending on the gambling operator but some online casinos, usually the largest ones, are giving up to 15% deposit bonus for PayPal.
Actually, PayPal casino no deposit bonus is the most common type of a PayPal bonus offered by online casinos across the world. By getting such a no deposit bonus for PayPal accounts, you are able to play slots without actually depositing any money at the casino.
Advantages of a PayPal casino
- PayPal offers one of the highest security levels across the online payment industry.
- Easy to use, most actions take two-three clicks.
- Immediate transfer of funds to the casino.
- Payments are free of charge.
- PayPal works only with fully regulated casinos.
Disadvantages of a PayPal casino
- Many online casinos that offer the most lucrative bonuses do not accept PayPal.
- PayPal is not available for gambling in many countries.
- US players cannot make PayPal deposits to online casinos.
One of the most notable disadvantages of PayPal casino deposits is that the e-payments service is prohibited for online gambling in each and every state in the United States.
However, the US gamblers have alternatives such as online casinos focusing on the US market as well as alternative payment methods such as crypto betting where the player remains completely anonymous.
Overall, PayPal is one of the most popular e-wallets for making deposits and cashing out winnings in an online casino. You can effortlessly a PayPal casino online, except you reside in the US, and added advantage is that many people have a PayPal account long before they start playing online casino games.
As a rule, PayPal casinos are considered a safe bet since the company is very selective in approving a casino operator to use PayPal as a payment method and requires the casino to hold a gambling license for each country where they operate.
Nonetheless, carefully consider whether PayPal is the best payment method for you as there are also certain drawbacks. In any case, it is not a mistake to have a PayPal account for betting and playing online casino games while you can always have other payment options in place.