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Top 5 PayPal Casinos Online (December 2020) - Find out how you can use PayPal to make deposits & withdrawals at the world's best PayPal online casinos.

Did we just hit the Googles or pull these PayPal betting sites out of thin air? Nope! We take our reviews and recommendations extremely seriously here at GamblingSites.net. It’s our feeling that if we aren’t working hard to give you the most honest and accurate reviews and the best recommendations possible, then we aren’t doing our job.

If you’d like to know how we go about reviewing sites and how we came up with our list of the best PayPal gambling sites, check out our How We Rank page now for all of those details and more.

Is PayPal the best option to use to deposit online?

The answer to the question of whether or not PayPal is the best option to deposit money into an online gambling account really comes down to some personal preferences and choices. For a lot of people, PayPal betting sites are going to be a phenomenal option, while for some others it might not be the best fit. Let’s talk about what you should be looking at if you’re trying to decide if you want to use PayPal or not to gamble online.

Online Gambling Sites That Use Paypal

Second, you’ll have to make sure that the gambling site you want to play on takes PayPal as an option. A few years ago, the gambling sites that utilized PayPal as a deposit or withdrawal method were few and far between. Now, though, most major sites have started including it as an option, and there are even sites out there using nothing but PayPal to facilitate their banking. If you are dead set on one site that doesn’t offer PayPal, then it’s probably a bad fit. But, if you’re open to playing somewhere new or at one of the top PayPal betting sites we’ve recommended above, it’s probably a phenomenal option for you.

If you like the concept of e-wallets and the site you’re interested in offers PayPal as an option, then it certainly is going to be one of the top if not the best option for you to use. PayPal is an absolute giant in the industry and an extremely safe, secure, and trusted platform.

How Does PayPal Work?

If you’re new to the world of e-wallets, you might not really understand how PayPal works or how a PayPal betting site would work. We feel this is important for you to know because it helps to illustrate some of the benefits that come along with utilizing this banking method.

Where PayPal comes in is they allow you to give them your banking information, and then they make all of your deposits and purchases across the web on your behalf. So, if you go to a website and make a purchase through PayPal, you never have to send your banking information to the website. PayPal will make the purchase for you, and then they will get the money from you since they have your banking information.

This means that you can make hundreds of purchases and transactions across the web and your banking information is still with only one company. This insulates you from a lot of things that might happen with the sites, vendors, or companies that you do business with.

Tips for Using a PayPal Betting Site

If you’re looking to get started using a PayPal betting site, here are a few important tips that can help you to best navigate through the process and ensure you get the most out of your online gambling experience.

Set Up Your PayPal Account First

Because you are using a third-party e-wallet, you’re going to have to create a PayPal account to use with the gambling site that you choose. It’s a lot easier to go ahead and get your PayPal account set up first, and then go in and make your deposit onto the site you want to play on. It really only takes a few minutes to get your account set up and linked to your bank or bank card. But, it makes the deposit process a lot smoother if you have that taken care of before you head over to make your deposit. Otherwise, you’ll have a bunch of different things open and going at once which really zaps a lot of the convenience out of the process.

Take Advantage of PayPal for Other Things

If you’ve caught on to the trend in what we’re saying so far, you’ve probably realized that PayPal is a pretty awesome service to be able to use when making your deposits and withdrawals with an online gambling site. But, PayPal is also something that you can use for a lot of different things across the web. Most online stores accept it, and you can even pay some of your bills with PayPal.

If you’re going to set up a PayPal account for use with online gambling, make sure you take the time to see where else you can utilize the service across the web. The added protections you get and the convenience are fantastic. When you make a purchase, you don’t have to run get your wallet or your purse and pull out your card to fill in all the information. All you have to do is log into your PayPal account from the merchant, and the purchase is done. You can even stay logged into your PayPal account if you’re on a trusted computer where you don’t even have to log in to make your purchases. Be careful with that, though, if other people use your computer.

Know and Protect Your Login Details

With convenience sometimes comes responsibility. The fact that you can make purchases, deposits, and even pay bills with just a login is awesome. But, this means that you need to protect that login properly so that no one you don’t want to gets access to your money. This starts with having a great password that is not used anywhere else (having the same password for multiple things is a terrible idea).

The convenience of PayPal and PayPal betting sites is awesome. But, that all goes away if you don’t do the basic things you need to do in order to protect your information and your account from those you don’t want to have access to it.

Betting Sites That Accept Paypal Canada

Use PayPal For Your Withdrawals

PayPal is not just a great way for you to get money onto a gambling site, but it’s also a great way for you to withdraw your winnings. Almost every gambling site that allows deposits through PayPal will also let you withdraw through the method as well. It’s an extremely safe, fast, and efficient way of getting your winnings.

The one thing you do want to keep in mind is that there will be one additional step to get the money from the online gambling site to your bank account. When you make your withdrawal, the money will be put into your PayPal account first. From there, you can use it immediately to make purchases online at any place that offers PayPal which is a ton of places.

But, again, that is not really going to be a big deal thanks to all of the perks and protections you get with your PayPal account. We do also find that most people who are new to PayPal don’t realize just how many places they shop at or spend money at take PayPal. There are even some brick and mortar stores that are starting to accept PayPal directly at the counter which is a really awesome trend that we hope to see continuing.

Get Started Now!

As you can see, PayPal betting sites are an awesome way for you to get into the action in a quick, efficient, and easy to use manner. If you’re ready to get started, scroll on back up to the top of the page and check out one of the top PayPal betting sites that we’ve recommended for you. Feel free to check out all of the options we’ve recommended as each of these gambling sites is going to offer a slightly different experience.

Once you find the PayPal gambling site that is the best fit for you, create an account, make a deposit, and you’ll be in the action playing for real money in a matter of minutes. PayPal is one of the fastest ways for you to get in the action and you can do it all without ever leaving the comfort of the chair you’re sitting in right now!

PayPal (www.paypal.com) is the largest e-wallet payment system in the world. The company was founded in 1998 and is headquartered in San Jose, California, the United States. A PayPal account can be used to make purchases at tens of thousands of online retailers and many of the world’s largest online betting sites. With top notch security, lightning-fast transactions and minimal fees, PayPal is a solid option for anyone looking for a new way to play online.

One thing you should be aware of is that PayPal only works with betting sites that are licensed by major licensing jurisdictions. As a US-based company, PayPal is beholden to laws in the United States that strictly prohibit payment processing for unregulated offshore betting sites. Customers in the UK and Europe may use PayPal freely to gamble online, but customers from the US are limited to a select few state-authorized sites.

Best Paypal Betting Sites

These sites are confirmed to accept PayPal for both deposits and withdrawals. If you live in any country from which the above betting sites accept new customers, you may also use PayPal to get started.

How Paypal Works

To put it simply, PayPal is an e-wallet that you can use to store funds online, make payments, receive money and transfer money to friends. Many people choose PayPal simply because it offers security. When you make a payment or transfer funds to a gambling account, the merchant never sees your banking details or credit card number.

People also flock to PayPal because it saves payment information in a secure location. Instead of pulling out your credit card and typing in your information every time you want to make a payment, all you do is choose an amount to deposit and then log in to your PayPal account to confirm the transaction. This comes in very handy for people who do a lot of shopping or betting online.

Additionally, PayPal is a handy withdrawal method from betting sites. You can cash out your winnings any time straight to your PayPal account. The money is moved quickly and then you have the option to transfer that money to your personal bank account or go shopping somewhere else. Cashouts to PayPal are usually completed within hours and rarely longer than a day or two.

Sports Gambling Sites That Take Paypal

Getting Started

First, visit PayPal.com to sign up for a free account. You’ll be asked for your name and address then asked to set a password for your account. The next step is to upload funds to your PayPal account. The easiest way to do this is to link your bank account to PayPal. You can do so by entering your banking information to PayPal and then waiting for two small deposits to be sent to your bank. Check your online banking statement and then confirm the amount of each deposit. This verifies you as the owner of the account.

Once your bank account is confirmed, you can upload funds any time free of charge. All you have to do is log in to your PayPal account and choose an amount to upload. From there, you can make a deposit to any betting site that accepts PayPal.

PayPal betting sites can also send payouts back to your account free of charge. This is a fast-working withdrawal method and accounts for another reason why PayPal is a handy service. Once your funds hit your PayPal account, you can transfer them directly to your bank free of charge. You may also have PayPal send you a check for a $1.50 fee.

Verify Your Account

It would be a good idea to verify ownership of your bank account or credit card as quickly as possible. Doing so is a simple matter of logging in to your PayPal account, clicking on “view limits” and then “lift limits.” Follow the instructions on the screen and then wait for PayPal to send the 2 small deposits that I mentioned earlier.

Confirming ownership of your bank account or credit card immediately lifts your withdrawal limits from $500 per month to unlimited. The verification process takes a couple days, but it requires nothing more from you than to check your statement after a few days to note the exact deposit amounts PayPal credited to your account.

Paypal Betting Fees

It’s possible to use PayPal for years without paying a single fee if you do it right. Deposits to betting sites are free and it is also free to fund your PayPal account with an instant bank transfer. However, you will be charged 2.9% if you upload funds to your PayPal account with a credit card.

Online betting sites do pay a fee to PayPal when you use it to deposit. Most sites cover this fee but some sites have been known to pass the fee on to customers. This fee maxes out at 3.9% so it’s not anything too terrible. Fortunately, most sites just cover the fee so this won’t even be a concern for most gamblers.