What is PayPal?PayPal is an online payment processor and e-wallet that has been around since December of 1998. Founded by some big names like Elon Musk and Peter Thiel, backed by over $40 billion in assets, and under the parent company eBay, you know that this is a company that knows what they’re doing and can be trusted to treat you right. As an e-wallet, PayPal allows you to create an account where you can have money stored online. You can then utilize this account to make purchases all over the web and at PayPal accepted casinos. As you’ll see in the next section of this guide, that is a huge perk because it allows you to keep your personal information safe. It also keeps you from having to share your banking details with companies and websites all over the web. As a payment processor, PayPal also allows “guests” who do not have a PayPal account to make purchases and deposits across the web. You’ll still be able to take advantage of all the perks we’ll cover in the next section, but you won’t have to create a PayPal account. While PayPal accounts are free, some people don’t want to take the time to set things up. On the flip side, there are a lot of advantages to having a PayPal account, so setting up the account (which takes two minutes) might be something you want to do. Overall, PayPal is probably the most famous, most respected, and most trusted online e-wallet in the world. This means that utilizing PayPal at your chosen betting site is something we highly recommend, because you’ll have a wall of security, safety, and protections following you throughout your journey.
PayPal CasinosPayPal has expanded its service into the online gambling sector. You can utilize the banking method to make deposits or withdrawals from your online casino account. But, not all PayPal casinos are created equally. While they may all offer the same banking option, they aren’t all going to be of the same quality. If you’re looking for the absolute best and most trusted PayPal casinos, we’ve got you covered. The link below will take you to the most current and up to date list of the top PayPal casinos that are available in your area. If you want to ensure an awesome experience gambling online, you’ll want to start by picking out a great site you can trust.
PayPal SportsbookIf you’ve been looking into moving your betting action online, you can now do so through the safe and secure payment processor PayPal. PayPal sportsbooks allow you to deposit funds and withdraw winnings utilizing the trusted banking option. But, as you probably already suspect, not all PayPal sportsbooks are going to be of the same quality. If you’re on the hunt for a legit PayPal sportsbook that you know you can trust with your money, your bets, and your personal information, you just so happened that you’re in luck. Check out the link we’ve provided below to our most up to date list of the top PayPal sportsbooks available in your area and online.
Pros of Using PayPal to Gamble OnlineNot yet sure if PayPal gambling sites are the right fit for you and what you’re looking for? Not a problem! A lot of this is very new to people, and we commend you for actually taking the time to make sure you are doing it the right way. To help make your decision a little easier, we wanted to point out some of the benefits and perks that you get when using PayPal gambling sites. Don’t worry! In the next section, we also cover any drawbacks to ensure we’re giving you the complete picture, so you can make the best decision before you deposit real money with PayPal.
Established and Trusted Method of Online BankingWhen you pick out anything important in life, do you usually go with the option that you’ve heard of and know you can trust? Or do you go with the random option that has no track record whatsoever? This seems like an easy question, but it’s baffling how often people don’t follow this. If you have the choice between some unverified, lesser-known options and well-known, trusted options, you should always choose the trusted options. This is the same when choosing the banking method you want to use when gambling online. PayPal has been in the industry for over 20 years now, has over $40 billion in assets, and has a proven and trusted track record in the industry. You know that when you bet online with PayPal that you’re getting a banking option that you can trust and, for lack of better cliches, that you can take to the bank.
Able to Use All Over the WebBecause of PayPal’s popularity, it’s not just something you can use for your online gambling accounts. Pretty much any major online site where you can make purchases is going to offer PayPal as an option. This means that if you take the two minutes to set up your PayPal account, then you can not only use it to deposit into online betting sites, but you can also use it to make purchases all over the web. PayPal lets you pay your bills, buy groceries, purchase clothes, and do just about anything you want on the web. If you cash your winnings off of a PayPal betting site into your PayPal account, you can immediately use them anywhere on the web (or you can move them back into your account if you want to). Do you have to use PayPal all over the web? Of course not. You can just use PayPal for your online gambling deposits and call it a day. All we want to do is make sure that you are aware that this option is extremely versatile and will give you a lot of other options across the web. If you use a lesser known e-wallet, you might be able to get your online betting account funded, but that might be the end of the options that you have. If you like flexibility and options, we highly recommend PayPal gambling sites.
Additional Protection From Potential Web ThreatsIt’s pretty safe to say that the internet can be a scary place at times. Just like in real life, there are threats all over the place that you need to be careful of. The good news, though, is that just like in person, as long as you take a few precautions, you really don’t have much to worry about. One of the biggest fears people have when making purchases or moving money around online is that their banking or credit card information is going to be compromised. As you might imagine, the more websites that you use your credit card or banking information for, the more you are going to be at risk of being compromised. For the record, we do not expect that to happen AT ALL with any of the PayPal gambling sites we’ve recommended, but we just want to explain why PayPal covers you just in case. When you create a PayPal account (or even when you check out as a guest), your banking information is shielded from the rest of the web and even from the site that you are making your purchase or deposit at. You share your details with PayPal, and they use their own banking methods to make the actual purchase. Then, they get the money for the purchase from you. It does not matter how many purchases you make or websites you go to. You only have to share your information once with PayPal. They are like a glorified middleman that protects your information which you know is going to be safe with them. If you’re still confused on this, here’s an analogy that might make things clearer. Let’s say that you want to buy something at a store, but you don’t want to give them your credit card number, and they don’t take cash. Your friend offers to make the purchase on their credit card if you give them the cash. This is how PayPal works. You just give the money to the same “friend” every time, and they go out and make the purchases for you. The only difference in the real equation is that your “friend” is a multibillion-dollar company that has been doing this for a living for over 20 years.
Cons of Using PayPal to Gamble OnlineIt wouldn’t be a fair picture if we just told you all of the pros of using PayPal gambling sites without also telling you some of the drawbacks. While there really aren’t many drawbacks to using gambling sites that accept PayPal deposits, there are a few things that you should be aware of before you get started or before you make a decision on what type of online betting site you want to use.
Requires an Additional Account SetupOne of the “drawbacks” to using PayPal gambling sites is that, in order to get the full benefits of PayPal, you are going to need to create a PayPal account in addition to your betting site account. The reason we put drawback in quotes, though, is because it’s not really a drawback. There are several ways around this that you should be aware of. Let’s take a look at the important factors that you need to know. First, if you absolutely do not want to create a PayPal account, you can still use the platform and just make your deposit as a guest. You won’t be able to withdraw with PayPal, but you will be able to get your account funded with real money. Second, you need to realize that it only takes about two minutes to get a PayPal account set up. Seriously, it is that easy. If you are that much of a betting fiend that you can’t wait an additional couple minutes to do things the best way possible, you may want to make sure that gambling and betting are the right hobbies for you. So, is this really a drawback? In our opinion, not really. We have heard some people complain that they didn’t want to take the additional time to create a second account, so we figured it was best to list it for you here.
Occasional Fees and Limits to Be Aware OfWhen you are making a deposit into a PayPal online gambling site, you should never have to pay a fee. Any betting site that accepts PayPal worth its weight is going to cover any and all fees associated with your deposit. If they don’t, it’s not a site you’re going to want to be playing at. You’ll see that all of the online PayPal betting sites we’ve recommended take care of this. That being said, you may run into fees from time to time if you are just loading money into your PayPal account to use elsewhere. You may also see small fees if you choose to utilize PayPal as your withdrawal method. Typically, though, most online betting sites are going to give you at the very least one free withdrawal per month, while others are going to give you one free withdrawal weekly. So, unless you are withdrawing money daily for some strange reason, you really shouldn’t have a lot of issues with this. If you do, though, most PayPal gambling sites have a lot of different withdrawal options that you can utilize to avoid any fees. For the record, these fees are typically very small if you even have to deal with them.
How to Get Started Right Now with PayPalIf you’ve read the past few sections and are still with us, we’re going to go ahead and guess that you’ve decided gambling via PayPal is the right fit for you. Honestly, we can’t see why it wouldn’t be. It’s a trusted banking option coupled with trusted gaming partners, offering an exquisite online gambling and betting experience. Want to know how to get started right away? Well, we have got you covered, friends. In this section, we’ve got the five steps you need to follow to get started with PayPal gambling sites the right way and right now. If you follow these steps, you’ll be playing your favorite casino games and slots or making some sharp bets from home in a matter of minutes.
Select One of the PayPal Gambling Sites from the List at the Top of the PageThe very first step you need to do right now is pick out the best PayPal betting sites for you. You’ll notice that we didn’t just put one PayPal gambling site at the top of the page and call it a day. We put several. Why? Well, ALL of these betting sites are incredible and offer an awesome and trusted experience. But keep in mind, they are all going to offer a slightly different experience. In particular, you’ll see some variation in the games they offer, the look and feel of the site, the additional banking options they have, and the promotions they offer. Which of these combinations is the best? The answer is that it depends on what you are looking for! While each site will certainly give you an awesome experience, you need to poke around a little bit and see which one is the best fit for you. Each of the sites we listed will let you check out all the games and types of bets for free. You’ll be able to see the promotions, banking options, user interface, and just about everything without even creating an account. We highly recommend that you take about five minutes right now and check out at least a couple of the PayPal gambling websites that we recommended. A few minutes now could ensure years of a lot more fun and enjoyment!
Create Your Free Account at the Gambling Site of Your ChoosingAfter you’ve gone ahead and picked out the best PayPal gambling sites for you and what you are looking for, it’s time to get your free account created. Thankfully, this is going to be a pretty simple process. You’ll need to pick out a username, a password, and choose an email address to link to your account. Each site might request a few additional bits of information, but the whole process should just take a few minutes. You should see a big “Join” or “Sign Up” button when you navigate over to the site where you can input your information and create your account.
Create a PayPal AccountMany of you that are reading this probably already have a PayPal account. If that is the case, you can go ahead and skip to step four now. You do not need to create a special PayPal account in order to deposit real money with PayPal into PayPal gambling sites. If you don’t have a PayPal account yet, though, that’s okay. Head on over to PayPal, and go through their sign-up process. It should only take you a couple of minutes, and then you’ll have a PayPal account that you can use anywhere and everywhere on the web for more than just online gaming websites!
Make Your First DepositOnce you’ve gotten your PayPal account and betting site account created, it’s time to head back over to the betting site to make your first deposit. There will be a link or tab that should be easy to find that says “Deposit” or “Banking.” It will be in a slightly different spot on each site, but you should have absolutely no problems finding it. If for some reason you do, you can always contact the customer support for the betting site, and they will happily give you a direct link to the “deposits” page. Once there, select PayPal as a deposit option. You will be taken to PayPal where you can complete your deposit either with funds that are already in your PayPal account or through the method that you have connected to your PayPal account. We highly recommend that you just link a payment method and don’t upload money into your PayPal account first. Why? This ensures that you are going to bypass any and all fees when depositing money into your online betting account. If for some reason the link to open PayPal does not work, make sure you don’t have a pop-up blocker, or anything like that, enabled. Usually, PayPal will still pop up in this instance, but we have heard a few times where it did not. Again, if you have ANY issues whatsoever with this process, contact the site’s customer service, and they will be happy to assist you in getting things squared away.
Have Fun and Win Big!Once you’ve done all of these steps, it’s time to have fun! Try and win big! This is the fun and easy step, and you’re only minutes away.
Getting Started with PayPal Part 2: Checking out as a GuestThere is one additional way that you can go about getting started with a PayPal gambling site that we wanted to mention. Remember when we mentioned that it was still possible to gamble online via PayPal without creating a PayPal account? Well, what we were referring to was checking out as a guest. If you choose to use this option, you still get all of the deposit and protection perks that come with PayPal. Your personal information is still only shared with PayPal and is shielded from the rest of the web. The only drawback is that you won’t be able to use PayPal as a withdrawal method from your online betting account. To get started this way, you’ll follow steps one and two exactly the same as in the previous section. You’ll skip step three and go straight to step four. When the PayPal login widget pops up, though, you won’t log in. There will be an option to “continue as a guest” that you will select. This will allow you to complete your deposit with all the same protections, but you won’t need to create a PayPal account. If at this step you change your mind and decide that you do want a PayPal account for easier deposits and withdrawals, this step will also give you the option of creating an account while you make your deposit. Whether you create the account or not, you can still get your account funded and get right into step number five!
How Does PayPal Compare to Other Popular Deposit Options?We want to take a quick look at how PayPal compares with other popular deposit options as well as how it compares with other similar e-wallet deposit options. Most online betting site deposits fall into one of four categories-e-wallets, credit/debit cards, bank transfers, or cryptocurrencies. In comparison to debit and credit cards, there are some perks to utilizing PayPal. First, as we already mentioned, you don’t have to expose any of your banking information to any site with PayPal. When you use your debit or credit card, you do have to give that information out. Again, we certainly do not expect anything to happen at the reputable PayPal gambling sites we recommended, but you can never be too careful. If you make purchases at 100 different websites with your credit card, your credit card information is in 100 different databases. If you make 100 different purchases with PayPal, your credit card information is only in one database: PayPal’s. Compared to bank transfer deposits, the differences are the same as with credit and debit cards. The only other perk that we want to mention with PayPal is that the deposits are almost 100% of the time instant and free of any fees. With bank transfers, they are usually instant and fee-free, but we see much more instances of random fees or delays in this process. This is especially true if you have a smaller bank that is not used to working with internet betting websites. In relation to cryptocurrency deposits, PayPal is light-years simpler. If you are not already an expert with crypto, we don’t recommend trying to figure it out to try and gamble online. Stick to the methods that are designed to be simple, trusted, and without hiccups like PayPal.
The Bottom-Line ComparisonThe bottom line is that PayPal is a simple and safe way for you to gamble online. Compared to other methods it does take a few extra minutes to set up your PayPal account (one-time), but it comes with a lot of extra perks that we think are worth a few minutes of your time. Bottom line, we think PayPal is an awesome option for you to get into the action right now.