Using PayPal to Deposit and Cash Out at Online Casinos

When it comes to playing at online casinos there is a whole host of different ways to deposit your money and start playing any of the casino games as well as to withdraw winnings.  The majority of online casino players either pays directly into their accounts using debit or credit cards or uses some online payment processor such as PayPal. 

Here on this page, we will focus on how to deposit using the PayPal casino deposit option since it is a quick, efficient, and cheap way to fund your online casino or slots player account balance.

Our Top-Rated PayPal Online Casinos

If you're simply looking to find a credible, high-value casino that accepts PayPal, here's our list of the online casinos with top ratings from our review staff that take PayPal as a payment method:

• Paddy Power ($5 no deposit)
• Sky Vegas (£10 no deposit)
• bet365 Casino ($6k in bonuses)

PayPal Online Casino Banking: The Basics

Gambling with PayPal at any online casino site is easy.  You may start with a minimum PayPal deposit of 10 pounds, 10 euros, or 20 dollars, depending on the currency you will be using.  You can find many PayPal gambling sites online.

You might ask or wonder, "what is PayPal?"  It is an online payment processing service, in a way PayPal a little like an online bank.  You pay money into your PayPal account, and once it is there, it can be used to fund your online casino accounts.

PayPal is one of the most popular methods of payment used by so many people.  This can be in business or with personal online shopping all over the place.  You can transfer your funds through this account safely and secured.  Because of its wide acceptability, many online gambling sites prefer to use PayPal as their avenue to accept your deposit and withdraw your winnings.  You will be surprised with the numbers of PayPal gambling sites that are available online. 

With your PayPal account, you can have your leisure while trying your luck in playing casino games through online sites.  Almost all the PayPal gambling sites have a wide array of choices of games from slots, bingo, poker, and many others.

PayPal versus Credit Cards

You might be wondering why you should not simply use a debit or credit card to fund your casino account.  Using a credit card is fine whilst depositing and the money will be credited to your account almost instantly but try cashing out and you will run into problems.

When cashing out on a credit card, unfortunately not all credit card companies allow cash back processing, which is the case with MasterCard issued cards, and even fewer (almost none) allow a greater amount to be cashed back then was initially deposited.  After all, we play to win and I would like to think that we would be cashing out more than we put in.

How to Deposit into PayPal Casinos

First, you would need to fund your PayPal account if you wish to use an existing balance.  There are several methods for depositing money into your PayPal account so that you can deposit money and start playing at casinos that accept PayPal, including credit card, debit card and bank wire.

Once you have funded your PayPal account head over to the cashier.  Click on the PayPal logo, which will be visible at any casino that accepts this payment method, and enter the amount of your deposit.  Your PayPal account has a connected email address and it is these details that you enter in the cashier when depositing money, much in the same way that you would enter credit card details.

The minimum deposit with PayPal at most casinos is a small amount, usually only € 10, and you can deposit in Dollars, Pounds, Euros, and a few other currencies.  On these sites, you do not need to pay any transfer fee.  You may start playing your game immediately once you are done with your deposit.  When the game is just right for you and you win some, you can withdraw your winnings easily.  Of course, the withdrawal needs to be processed to ensure that proper verification has been done.  However, do not worry; the process will not take too much time, usually a few hours or less.

For the reasons, PayPal is a favourite method of deposit and withdrawal for many online casino players.  Keep in mind, however, that PayPal is currently available to casino players that reside in Austria, Belgium, Denmark, Finland, France, Greece, Ireland, Italy, Portugal, Spain, Sweden, and the United Kingdom.  Unfortunately, depositing with PayPal is no longer available to USA players.