Zack Wilson is an experienced sports writer with over a decade’s worth of professional work behind him. After cutting his teeth at Goal.com, one of the world’s biggest football websites, Wilson moved into the world of rugby league, and helped take Love Rugby League to its position as one of the UK’s premier rugby league websites. Particular highlights of his career include interviewing the dual-code rugby legend Jonathan Davies, and working in the press box the first time that Scotland played Australia, at Hull, and then England, at Coventry, in rugby league internationals.
PayPal is an amazing resource for punters to manage their bankroll, hence the guide. Not all operators accept PayPal of course, but it’s definitely one of the most popular methods in the world.
Here we’ll take a closer look at how things work with PayPal and online casinos, limits, the pros and cons – that sort of thing. We also tell you a bit about the history of PayPal and how online punters are using it in digital casinos. Gambling in the 21st century requires 21st century methods, apparently.
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Making a Payment with PayPal – Step by Step
PayPal is sometimes referred to as an e-wallet, which basically means that it is an electronic means of storing and spending money. Widely accepted at a huge variety of outlets all across the internet, it is very simple to open and use a PayPal account. In order to open one, you need to have a debit or credit card, or a bank account. Once you have an account, you can send funds to anyone else with an account by using their email address. You can also pay for a huge range of goods and services from the internet, including at online casinos.
Using a casino with PayPal deposit options is therefore very simple. First, you need to check that the casino accepts PayPal as a payment method. If it does, you need to ensure that you have sufficient funds in your verified funding source to cover the amount that you want to deposit in your casino account. The vast majority of PayPal customers use a debit card associated with their bank account to fund their PayPal transactions. There are other options that you can use, though. You can see how to deposit funds in your casino account below.
Go to your account page at your online casino and look for the PayPal button. Click on it.
You should then be taken to the PayPal website. This is where you choose the amount you want to deposit.
Review the casino information and the payment amount and check that everything is in order.
Click on ‘send money now’. The money will usually be transferred to your account within seconds.
Average Time of PayPal for Deposits and Payouts
If you are playing at a casino online with real money and PayPal then the average time for deposits and withdrawals is very short. An online casino with PayPal deposit and withdrawal options will usually process transactions immediately, meaning that money will move between your casino account and your PayPal account within seconds. Withdrawals of winnings may take longer if you are playing at a casino online with real money and PayPal, but this is usually because casinos can sometimes require further verification of your identity before they allow winnings to be withdrawn. The casino itself may also process payments of winnings more slowly, but the actual PayPal process is usually very fast indeed. Even if casinos take longer to process winnings, your money should be with you within two to three working days of you making your request.
PayPal Verification Requirements
Before you can use your PayPal account to pay for anything you need to verify it. This is a very simple thing to do, and you should make sure that you do it before you play at a casino online with real money and PayPal. To verify your PayPal account you need to add and confirm the debit card with which you are funding your PayPal spending. Alternatively, you can add and confirm the bank account that you are using. Once this has been verified by PayPal, you can start using your account to pay for things online. This includes an online casino. PayPal is available to be used at many online casinos and sportsbooks nowadays.
The History of PayPal
So what is the history of PayPal? The brand began life as Cofinity in 1998, when it was set up by Max Levchin, Peter Thiel, and Luke Nosek. Since then, it has mutated through several existences and has been owned by Elon Musk and eBay at different times in its existence. By 2010, it had over 100 million verified accounts, using 25 currencies in 190 territories.
This shows that playing at a casino online with real money and PayPal is very safe, as you are relying on a company with a proven track record of keeping customers secure. This makes it ideal to use if you are playing at an online casino. PayPal has shown over the course of its history that it is very convenient and safe. If you find an online casino with PayPal deposit and withdrawal options you are in good hands.
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If you’re playing at a casino online with real money and PayPal then you are ensuring that your transactions are safe, secure, and speedy. If you’re playing at an online casino PayPal definitely helps you stay safe and in control of your gambling. We’ll outline a bit more about that later in the article, but rest assured, if you find a good casino with PayPal deposit options then you can maintain good control over your bankroll.
As we have said elsewhere, the main drawback of e-wallets like PayPal is that they can sometimes rule you out of being able to claim bonuses and promotional offers from even the best live casino providers. You may see this as a fair trade-off for the convenience and security that PayPal provides, however. PayPal also allows you to carefully manage your gambling funds in a more focused way than is possible with some other payment methods. Live casino bonus UK offers can often be hard to turn into real cash too, as they often carry very stringent wagering requirements. Never rule out using PayPal just because you might not be able to claim a welcome bonus.
Most Popular Payment Methods
While using a casino with PayPal deposit options is very convenient and easy, there are other methods that offer a great deal of convenience and flexibility. PayPal has certain benefits, but debit cards are by far the most popular method used by online gamblers in the UK. You need to remember that you cannot use your credit card to fund your casino account anymore, after the law changed in April 2021.
When playing at an online casino, PayPal UK is a useful method to have up your sleeve when you are online gambling, not least because it is so secure and safe. While you may not be able to claim every bonus on offer from online casinos if you use PayPal, you can rest assured that all of your transactions are kept safe and secure. All payments are processed very speedily and efficiently too.
PayPal FAQs
Can I always claim a casino welcome bonus when I use PayPal?
This is something that you need to check carefully if you want to use an online casino that accepts PayPal. Not every online casino with PayPal allows you to claim the welcome offer or any other bonus if you use certain payment methods. If you are gambling at an online casino PayPal can sometimes not be valid as a payment method that allows you to claim a bonus. Before you commit to signing up for an account and claiming a bonus you should read the terms and conditions of the offer carefully. You can also find plenty of details in our online casino payment method guides at Betting.co.uk.
Is PayPal accepted at every online casino?
No, it isn’t. Just because one online casino has PayPal it does not follow that another will accept it. Before you commit to signing up for an account you need to check that the casino accepts the payment methods that you will be using. While there are many online casinos in the UK that accept PayPal, it is not a universally accepted payment method. Make sure to read our guides on PayPal and the best live casinos online to find out which casinos and betting sites accept this payment method.
Does PayPal charge me for making deposits and withdrawals?
Sometimes payment providers charge a fee for making deposits and withdrawals. PayPal does charge small fees for some of its transactions, but this should not apply to you if you are using a UK casino with PayPal deposit options. Most charges are for large transactions that cross international borders. If you are in any doubt about whether charges will be applied at your favoured online casino, make sure to read our online casino payment method guides.
Keeping your PayPal Account Secure
Even though PayPal provides safe and legitimate way to play at a casino online with real money, it’s important to make sure that your account details are safe from online scammers. While it may only be a low risk, if you’ll be depositing large sums of money into your account, then you’ll want to make sure it’s as secure as possible. Here are our three top tips for keeping your online accounts safe.
Activate two-step authentication
Two-step authentication provides an extra layer of security for your online accounts, and it’s likely you’re already familiar with it. Ever had to type in a special code sent to your mobile phone before signing into a website? That’s two-step authentication. These codes are unique and time-sensitive, preventing hackers from accessing your accounts.
Regularly change your password
A quick and easy way of keeping your details secure from data breaches is to frequently change your passwords. It’s also best practice to avoid using identical passwords for multiple accounts, as this will prevent scammers from gaining access to all your online accounts and profiles, should they happen to access just one.
Check for site encryption
If you’re going to be depositing money into your account with PayPal or betting sites, then you should always make sure that the website is fully-encrypted. A quick way to check for this is to look for a lock symbol next to the URL of the website. If a lock is present, that means your information is secure. You can also click on it to view more detailed security information.
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If you want to use PayPal on slots or other games at a casino online with real money, then you have plenty of options. You should be able to find a casino with PayPal deposit options very easily. One thing that you need to consider carefully, however, is whether you will be able to claim bonuses if you use PayPal as your chosen payment method. Of course, you are not obliged to accept a bonus from a casino. So if the convenience of PayPal outweighs the benefits the bonus brings in your opinion, don’t accept the bonus.
PayPal has some significant benefits as a payment method for online casino gamers. You can manage your bankroll more effectively with it, and also set yourself spending limits that allow you to minimise the stress of gambling and keep it fun. PayPal should definitely be an option you seriously consider when it comes to your favoured casino payment method. For more casino advice, make sure to have a read of our online casino best payouts, Blackjack with Live Dealers and best roulette online UK 2021 guides.
Online Casino PayPal FAQs
💻Which online casinos accept PayPal?
Many online casinos now accept PayPal as a payment method that their punters can use to deposit and withdraw funds from their account. If you want to know which casinos accept PayPal as a payment method then you should read our detailed operator reviews here at Betting.co.uk. In those, we include full details about each operator’s range of payment methods. You can find out all you need to know about PayPal and online casinos at Betting.co.uk!
💲What are the fees for using PayPal at an online casino?
Some online casinos do charge customers for making withdrawals from their account if they have winnings to claim. If you want to find out the charges that a particular online casino applies to its transactions then it is a good idea to check out our casino reviews here at Betting.co.uk. We can tell you all you need to know about which payment methods can be used at a specific operator, and inform you about any fees or other charges that you may face. If you have a question about online casinos then Betting.co.uk is here to help!
💰Can I withdraw online casino winnings to a PayPal account?
How each casino deals with the process of punters making withdrawals from their account differs from operator to operator. The best way to see what procedures are in place for making withdrawals is to check out our detailed operator reviews here at Betting.co.uk. As well as telling you all about how to withdraw winnings, you’ll also discover how to claim welcome bonuses, and what the licensing situation of casino is, as well as a whole lot more!
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