Gambling Sites With Paypal

PayPal is once again embracing sports betting and gambling. PayPal now only allows for gambling transactions in jurisdictions where it is legal and with companies that are licensed. However, that wasn’t always the case. In the early 2000s, PayPal was a top method of deposit/withdrawals for a number of off-shore gambling sites. When depositing funds into an online casino with Paypal some sites will “bill” Paypal from a parent company rather than via the exact name of the casino site. In other words, you may deposit $500 into Casino X, but when you look at Paypal activity, the deposit may be listed under Casino X Parent Company. So, when looking at a transaction.

• Csgo Gambling Sites With Paypal
• Gambling Sites With Paypal Deposit

PayPal is one of the most widely-recognized e-wallets in the world, and it’s available at most non-US online gambling sites. I recommend using Paypal for online gambling transactions because of its security, simplicity and low fees.

Here’s a list of the best sports betting sites that accept Paypal deposits. The only difference between this list and the list of top gambling sites overall is that all of these sites have Paypal as their banking option, while some others may not.

Our Top Recommended Paypal Gambling Sites

As you may have noticed, the list includes zerosports gambling sites that accept US customers. Paypal’s US customers are prohibited from transferring money to online gambling websites.

Here’s an excerpt from their website:

How It Works

Depositing money to online betting sites via Paypal is fast and easy. Here’s an example of the process:

1. Go to Cashier

Log-in to your gambling account and go to the cashier or the equivalent (could be called “Banking” or “Deposit” as well).

2. Choose Paypal as the Deposit Option

See the list of deposit options and choose Paypal (no harm in checking out the other options in case one of them is a better fit for you).

3. Fill-In the Details

You have to write down two types of details to make a deposit.

First, you need to determine the deposit amount and enter a promotion/bonus code if you have one.

Second – after clicking ‘Submit’ – you’ll be taken to Paypal.com where you have to log-in and approve the transaction. You will have the money on your gambling account instantly after approving the transaction.

To withdraw money from a gambling account to a Paypal account, go to your gambling account’s cashier and select Paypal as the withdrawal option (it will often be the default option since you used it to make the deposit). Then you enter the amount to cashout and you’re done.

Fees and Transaction Speed

Most gambling sites (and all of the Paypal sportsbooks listed on this page) cover all fees for transfers between gambling websites and your Paypal account, so transfers to and from a gambling site are free.

So are you subjected to any fees?

If you use a credit/debit card to fund your Paypal account, you’ll pay a 2.9% fee for the deposit. If you make the deposit via bank transfer, though, depositing money to your Paypal account is free. Withdrawals from Paypal to your bank account are free, so suggesting you make a bank transfer deposit, using Paypal is free for all of your gambling-related transactions.

Should You Use Paypal?

It’s Convenient

Once you’ve got your Paypal account set-up (the verification process takes a few days), using Paypal to make a gambling deposit is easy and simple. Plus, money transactions between your Paypal account and the gambling site are instant.

It’s Secure

You never have to give any online sportsbook your credit card information when using Paypal. This is especially useful for those who deposit to multiple sites (which, as I’ve previously mentioned, is recommended).

It’s Free (Potentially)

Transfers between your Paypal account and your gambling account are free Most gambling websites process Paypal deposits and withdrawals for free, but the same goes for the majority of payment options. Paypal transactions are delivered instantly, but that is also common for most payment options.

Brief History

Paypal, one of the most popular online wallets in the world, will celebrate its 20th anniversary in a few years.

The roots of this online banking service go back to 1998 when four people – among which Max Levchin and Peter Thiel – founded a company called Confinity. It so happened that X.com – a company founded by none other than Elon Musk – also had an office in the same building. Instead of competing with each other, the two companies decided to join forces in March 2000 and to re-brand as PayPal in 2001.

Paypal grew as eBay’s most popular payment option. As eBay gained popularity in the US, and eventually across the world, so did Paypal. After spreading into eBay’s biggest international markets, Paypal directed its attention to growing outside of eBay.

For the first couple of years, Paypal gained users by offering the most convenient way for eBay users to pay and receive money for auctions. As eBay spread worldwide, Paypal followed and soon reached a global audience. Then, naturally, it was time to spread outside of eBay, and nowadays Paypal operates in over 200 countries.

eBay acquired Paypal in July 2002 for $1.5 billion (Musk, the company’s largest shareholder, made $165 million).

In 2003, Paypal not only exited the US gambling market but stopped serving as a payment processor at online gambling sites altogether. It took seven years for the company to return to the internet gambling market – however, they’re still yet to re-enter the US gambling market.

Several top-class gambling sites accept Paypal transactions. Americans are unable to use Paypal for gambling purposes, but for the people outside of the US, Paypal is a good way to transfer money to and from gambling websites (and can be used at many online stores as well).

PayPal is one of the most important global payment and money transfer systems on the internet today. However, despite the massive popularity enjoyed by the site, PayPal online gambling is a relatively uncommon feature at internet casinos. That said, there are sites that will accept PayPal as a payment method, and when they do, it is one of the easiest and most convenient ways to fund online gambling accounts.

To find out more about using PayPal for online gambling payments and whether the payment provider is available to you, read on:

• Learn how to make an online gambling payment with PayPal
• Find out why PayPal isn't universally accepted
• Discover those sites where you can game with the payment system

How to Make PayPal Online Gambling Deposits

If you've ever made an online purchase using PayPal, you'll have a pretty good understanding of how PayPal online gambling works. While you can technically use PayPal in a basic manner without opening an account on the site, if you want to get the most from PayPal for online gambling, we definitely recommend doing so. This will also allow you to connect your PayPal account to credit cards or a bank account, giving you both a source of funding for your online gambling and a way to withdraw your winnings at a later date.

Once you have your PayPal account set up, visit the PayPal online gambling site of your choosing. In the cashier section, you should find PayPal listed as a payment option. From there, you'll need to input some basic information and let the site know how much money you'd like to deposit. You'll then be taken directly to your PayPal account, where you'll be able to determine exactly how to pay for the deposit. The money will then be instantly transferred to your gambling account, allowing you to begin gambling online with PayPal!

Why Isn't PayPal Gambling Online More Widely Available?

With PayPal being so popular, trusted, and easy to use, it's only natural to ask why it hasn't become a dominating force in online gambling payments. Certainly, just about every internet casino or gambling site would love to be able to offer PayPal online gambling deposits, but most never have the opportunity.

Until 2003, online gambling with PayPal was widespread; in fact, at that point, PayPal was the top internet gambling payment processor in the world. But that year, PayPal decided to stop accepting online gambling payments to ensure they were on the right side of any legal issues in the United States and other nations. PayPal online gambling came back in 2010, when the company said they were once again okay with allowing such transactions.

However, there was a major catch. PayPal was only willing to process payments for a select number of sites. In order to qualify for PayPal online gambling, a site needed to operate only in jurisdictions where online gambling was fully legal and regulated, thus excluding nations such as the United States. The sites must also be registered to operate in those jurisdictions. If a site meets these requirements and is approved, it can offer online gambling with PayPal.

Advantages to Online Gambling With PayPal

If PayPal online gambling is available to you, it may very well be the easiest way to make online gambling deposits. If you do any sort of business online, you may already have a balance in your PayPal account, meaning you won't have to find another funding source to use. If not, you can use PayPal as an intermediary between your bank account or credit cards and your online gambling sites.

Another plus to using PayPal is that it can also handle your withdrawals. Once you've transferred money from your gambling accounts to PayPal, you can hold the money there, withdraw it to your linked bank account, or use it to make a PayPal online gambling deposit elsewhere.

Only the Best PayPal Online Gambling Sites

If you want to gamble online with PayPal, we'll help you find the best sites that offer this e-wallet as an option. The top PayPal sites are not only ones that allow you to make deposits this way, but also ones that are reliable, safe, and fun to play at. Our staff has reviewed and rated all of the best PayPal online gambling sites, allowing you to find the ones that are right for you.

Our reviews cover a whole range of topics that are important to reads who want to enjoy online gambling with PayPal. We cover the games at each site, the quality of the software, how favorable the odds are for players, and the bonus offers available for new signups. By relying on the reviews here at Gambling.net, we're confident that you'll find the PayPal online gambling sites that are right for you.

PayPal FAQ

Is using PayPal at online casinos safe?

PayPal is one of the safest online payment methods available in 2020, as you only provide the casino with your PayPal email address in order to transfer real cash. Of course, the transactions' safety also depends on the casino you have chosen, so only create accounts and deposit money at casinos you trust.

Why should I use PayPal to gamble online?

Csgo Gambling Sites With Paypal

There are many reasons that make PayPal an excellent online banking method: it's a safe and secure way of transferring money which is widely accepted by websites and online services. PayPal also provides very quick transfers at minimal transaction fees, making it apayment method that is superiorto others online.

Can I deposit & withdraw using PayPal, and are there fees?

Yes, you can both deposit real cash and withdraw your real cash winnings through PayPal. PayPal charges minimal fees per each transaction, making it more worth it to transfer larger amounts at one go.

How fast are deposits and withdrawals using PayPal?

Gambling Sites With Paypal Deposit

Deposits with PayPal are almost instant – soon after you issue the payment notice to the casino, the money will be in your gaming account. Withdrawals can take a little longer, but usually you can have the cash in your PayPal account within 3 working days.