Online Gambling That Accepts Paypal
While Skrill (Moneybookers) and Neteller are widely accepted at online casinos, PayPal is not the prime banking option when it comes to US accepted casinos.
But with some research we have managed to find a few reputable casinos that accept PayPal for both deposits and withdrawals. When you look at the list below you will probably have heard of all of them. These are large, global gambling companies that do not only offer games like roulette, black jack or slots, but also offer sports betting and poker games.
- Online Gambling Sites That Accept Paypal
- Australian Online Casino That Accepts Paypal
- Online Casino That Accepts Paypal
- Canadian Online Casino That Accepts Paypal
Sky Bet are also an online sports betting bookmaker that accepts PayPal as a form of payment. They charge no additional fees and accept both withdrawals and deposits from PayPal accounts. The minimum bet is of £10 when betting at Sky Bet and using PayPal as the payment service. PayPal was launched all the way back in 1998 and is a pioneer in the world of e-wallets, commonly accepted as a banking method among online casinos worldwide. PayPal Banking at Online Casinos in 2020 (209 Casinos Accept PayPal).
Online Casinos Accepting PayPal
888 Casino The 888 group is one of the largest gambling providers in the world. Besides poker, bingo and sportsbook they have a nice online casino. They also have a live games where you get a realistic gameplay as if you were in a brick and mortar casino.
Party Casino Recently merged with Bwin, this is another huge gambling company. Play fair roulette, slots and blackjack games with their reliable software. PayPal deposits are welcome and the first deposit bonus is up to 3,000$!
Depositing with Paypal
PayPal is the largest eWallet service – it’s your bank account on the web. The two biggest advantages of PayPal are time and banking options.
Payments with PayPal happen instantly. So if you feel like you want to gamble a bit online, you can make a quick deposit and start instantly playing for real money.
The other big advantage is that transferring money to and from PayPal is secure and that you can use a wide range of banking options. For example, you can deposit with your Mastercard or with with your Visa card to PayPal and then use that eWallet to transfer your money to an online casino.
One disadvantage of PayPal are the fees. Payment fees are significant; at the time of writing this article they were about 2-4%. Normally, the casinos pay these fees when receiving funds. But when you withdraw your winnings, you might be in the situation that you lose 40$ on your 1,000$ cash out due to these fees. If you then want to withdraw the money to your bank account, you will again have to pay fees. This is why it is better to use Skrill (Moneybookers) or Neteller if this payment option is available for you.
Other eWallet Deposit Options
Due to the high PayPal fees we usually advise gamblers to use their Skrill (Moneybookers) or Neteller account if they want to use an eWallet service. Both Skrill and Neteller are widely accepted at online casinos. All large brands accept these banking options.
Established in the 1990s, PayPal’s first business model was processing payments for eBay, the world’s largest online auction site. The two companies became so synonymous they eventually merged before breaking up again in 2015. Paypal Holdings Inc currently trades under the ticker symbol PYPL.
Besides processing payments for online auctions, PayPal also moved into other markets.
This included online gambling sites. It was the first choice for U.S. players in the early 2000’s. Most online poker, casinos and sportsbooks accepted PayPal. The ease of funding a PayPal account made it convenient. Its brand name made players feel more comfortable using it compared to newcomers to the market.
PayPal left the online gaming business after it merged with eBay in 2003.
List of the Top PayPal Gambling Sites
Using PayPal for US online gambling
PayPal remained as eBay’s preferred payment processor after it dropped the online gaming business. It returned to the U.S. online gaming market in 2015.
NJ online sportsbooks and casino sites accept PayPal. As does Pennsylvania, Indiana and West Virginia. And, when you signup using the links on this page, you qualify for exclusive no deposit offers for Sugarhouse, BetMGM, Unibet and Hollywood Casino.
List of PayPal gambling sites in USA
Rank | Sportsbook & Casino | Legal States | Bonus Offer | Get Your Bonus |
---|---|---|---|---|
1. | Unibet Casino | PA, NJ | $500 Match | Get Bonus! |
2. | BetMGM Casino | NJ, WV | $500 Match | Get Bonus! |
3. | PlaySugarhouse Casino | NJ, PA | $250 Match | Get Bonus! |
4. | DraftKings Casino | NJ, PA, WV | $35 Free | Get Bonus! |
5. | Hollywood Online Casino | PA | $502 Match | Get Bonus! |
6. | Golden Nugget Casino | NJ | $1,500 Match | Get Bonus! |
7. | Tropicana Casino | NJ | $100 Match | Get Bonus! |
8. | LuckyLand Slots | All US (except WA) | Get A $10 Gold Coin Package for $4.99 | Get Bonus! |
9. | Chumba Casino | All US (except WA) | Get A $30 Gold Coin Package for $10 | Get Bonus! |
10. | FunzPoints | All US (except WA) | $20 Match | Get Bonus! |
There are some restrictions for PayPal transactions for Americans looking to use the eWallet for online gaming purposes. You can only fund these types of accounts using electronic funds or an existing balance. A transfer from another individual counts as an existing balance.
Funds in an American PayPal account that originated from the user’s credit or debit card may not be used to fund an account. This is due to restrictions that many bank card issuers have on gaming transactions, even ones that are specifically legal. U.S. players may withdraw from PayPal by electronic check, check and PayPal debit card.
Using PayPal for online gambling in the UK
The UK was the first market that PayPal returned to for online gaming payment processing.
This started in 2008 with Betfair. The number of sites that accept bets from UK players has exploded since. A PayPal online betting site in the United Kingdom must have a license from the UK Gambling Commission (UKGC) to accept the eWallet. Paypal does not approve or work with unlicensed sites.
Online Gambling Sites That Accept Paypal
Players in the UK may fund a PayPal account using Visa, Mastercard, Solo, Switch, Delta, electronic funds transfers and an existing balance. Withdrawals are processed by check, electroniccheck and PayPal’s debit card.
Using PayPal for online gambling in Canada
PayPal is not available for online poker, casino or sportsbook transactions in Canada.
This is because gaming sites in Canada are not licensed and regulated by the government. That is a requirement for PayPal to process payments. PayPal is still available for transactions related to eBay purchases and other person-to-person transfers.
Benefits of using PayPal for online gaming transactions
Australian Online Casino That Accepts Paypal
PayPal is a fast way to load an online casino, poker, or sports betting account. There are a variety of ways to fund a personal PayPal account.
Transfers are instantaneous to merchants, including online gaming sites. Deposits made by PayPal rarely require a documentation check as PayPal already does that when creating an account.
Withdrawals are simple with PayPal. Some sites tack on a 2.9 percent fee for withdrawals, although some will cover this cost, depending on local regulations and company policy. You can send cash for free from a PayPal account to a bank. There is a small fee for a check or debit card withdrawal.
PayPal is the oldest eWallet. This experience shows in its security and software. PayPal security is quick to identify fraudulent logins and transactions. This protects players and their balances.
Online Casino That Accepts Paypal
Drawbacks of using PayPal
Canadian Online Casino That Accepts Paypal
The 2.9 percent fee for withdrawals in some jurisdictions is the number one complaint about PayPal. Additionaly, there may be a fee in countries where debit and credit cards are used.
PayPal does not offer good customer service. One issue not related to online gaming is the high number of chargebacks eBay sellers report. PayPal rules on the side of the buyer far too often in the eyes of sellers.