Friday, August 20, 2021

It’s taken a bit of time for online casinos to rekindle their relationship with paypal. However, more and more betting sites are accepting it these days. This includes many of the online casinos that have opened up in the united states. Anyone who has visited an american-based online casino knows that those sites offer very few payment options compared to most international sites. Speaking of the big international sites, they have been rather slow to adopt paypal. Fortunately, this trend is turning as sites like ladbrokes, 888, and other industry titans have embraced it. With a solid track record spanning more than fifteen years behind it, paypal is the leading online e-wallet solution and works with 25 different currencies and in 180 countries world-wide. The company was taken over by ebay in 2002 and spun off into a separate company in 2014.

Online casinos that accept paypal

Things have changed considerably for lovers of gambling over the past few years. In less than a decade, online gambling has exploded in popularity and become a multi-billion dollar industry worldwide.

In those dark days before the revolution of always on broadband and omnipresent social media, trying to gamble online with real money was a precarious business and best avoided altogether. These days, online gambling is completely legal in many countries around the world, and properly regulated to ensure the safety of customers and businesses alike.

Best online casinos that accept paypal:

As online gambling’s popularity has increased, the number of available payment methods has also naturally expanded. One of the most popular funding solutions for many people is paypal – a secure and convenient way of sending and receiving money online.

With a solid track record spanning more than fifteen years behind it, paypal is the leading online e-wallet solution and works with 25 different currencies and in 180 countries world-wide. The company was taken over by ebay in 2002 and spun off into a separate company in 2014.

Though paypal dominates the e-wallet landscape, there are solid alternatives out there that offer much of the same functionality. The most notable of these are skrill and neteller.

Paypal’s policy towards online casinos

Online Casinos That Accept PayPal, what online casinos accept paypal.

The one potential snag with online casinos and paypal is that every single online casino accepts paypal but you’ll find that nearly all reputable ones do. In fact, the mere fact that a casino takes paypal can be an excellent sign as to its overall security and reliability. Paypal imposes strict requirements on businesses using its services and supervises them actively. If they receive a number of valid complaints regarding a specific online casino, it will ban their account and cease working with them.

From the point of view of gambling providers, the most notable fact about paypal is that it works only with online casinos that have a gambling license in the country of the player. For example, a user with a paypal account from the united kingdom will be allowed to deposit from his paypal account only if the online casino has a gambling license in the united kingdom. The costs of obtaining a gambling license in each of the european countries is considerable but it’s an excellent sign that you’re dealing with a reputable online casino.

From the casino’s point of view, paypal puts hurdles in their path but it’s a solid trust sign for users, and even though this payment provider has more strict requirements for them, they know that offering payments through one of the most popular ewallet in the market translates in convenience for their users.

How to use paypal at online casinos

Opening a paypal account is a straightforward affair. All you need to get going is a valid email address. Once you’ve set up your basic account, you then have options for connecting it with whichever credit card or bank accounts you choose.

When it comes to actually using your paypal account with online casinos, there are a few key points to bear in mind:

Deposit and withdraw - most of the providers we recommend will accept paypal for both deposits and withdrawals, but you’ll want to keep an eye out for conditions here. Some online casinos will only allow you to deposit via paypal, for example. Other casinos may impose withdrawal restrictions such as only being able to withdraw via paypal when the amount involved doesn’t exceed your initial deposit. Always be sure to check the small print before signing up to a casino.

Another aspect to keep in mind in this regard is the cashing out time. With paypal, it’s usually much faster than other alternatives (1-3 days), whereas credit card withdrawals can take almost a week.

Minimum deposits: you’ll usually be asked to deposit a minimum amount of between $10-$25, but there are exceptions to this general rule.

Countries where paypal is accepted: online casinos with paypal options don’t accept deposits and withdrawals from all countries. Locations where you can usually expect things to work are: germany, spain, UK, ireland, italy, portugal, finland, denmark, austria and sweden. Remember that online casinos can only offer a paypal functionality in those countries where they hold a valid gambling license.

Deposit bonuses: some online casinos give different amounts of deposit bonuses (in percentage terms) depending on which deposit method you use. For example, playtech online casinos usually give a 15% deposit bonus for paypal and 10% to credit cards.

Deposit fees: not all casinos are generous, however. Some casinos will actually charge you a deposit fee for using paypal. For example, betfair charges a deposit fee of 1.5% when paypal is used.

Online casino software providers you’ll find at paypal casinos

Imagine walking into a casino only to discover it doesn’t have any games. That’s what online casinos would be like if it wasn’t for the software providers. It is these creative geniuses who create the games that are featured at online casinos. While a few paypal casinos feature games from a single provider, most offer games from multiple sources. Some online casinos have partnered with dozens of providers which enables them to boast libraries consisting of over 3,000 games. There are loads of reputable and innovative game developers out there. Let’s take a look at three of the industry’s best.

Microgaming is a pioneer of the online casino industry. The company was established in 1994 and is believed to have developed the very first online casino. They also played a huge role in the development of mobile gaming and virtual reality casino games. Microgaming has released hundreds of titles over the past quarter-century. Some of their earlier releases like gladiator gold and fruit slots remain among the most popular slot games of all time. One of their most successful creations, mega moolah, was released in 2006. In 2015, this progressive jackpot slot set the guinness world record for the biggest online casino payout in history. A lucky british soldier hit a jackpot worth nearly €18 million. In all, microgaming’s progressive jackpot network has paid out well over €1 billion.

There is a lot more to microgaming than slots. They create excellent casino table games, poker, and specialty games as well as a sportsbook platform and live dealer games. Aside from winning countless awards, one of their most important achievements was playing a critical role in the creation of ecogra. This brought higher standards to an industry that was struggling to earn the trust of a wary online gambling public. When a paypal online casino displays the ecogra safe and fair seal, players know the site operates with honesty, transparency, and integrity.

If you like playing at online casinos, there’s a good chance that you have at least heard of betsoft. The company was founded in 2006 and quickly earned a reputation for producing high-quality games. In particular, betsoft is well-known for creating stunning 3D graphics and incredible animations. Slot games like the angler, the slotfather part II, and weekend in vegas are loaded with sights, sounds, and interesting storylines that keep players immersed in the action. Betsoft’s inventory of casino table games ranges from variants of blackjack, roulette, and baccarat to a variety of casino poker games and dice games. Betsoft has also produced a number of other exciting games like skratcherz and virtual racebook 3D.

An example of betsoft’s ability to stay ahead of the curve is the shift platform. Realizing that flash player has become outdated, betsoft switched its focus to HTML 5 which is supported by almost all computers and mobile devices. It runs on most browsers without needing any third-party plugins. All you need is a modern browser and an internet connection. The shift platform integrates a cutting edge animation engine that operates and loads much faster than flash. Despite this breakthrough, betsoft will still offer their flash games so that people with older machines can still have access to their favorite betsoft titles.

Another respected giant of the casino software industry, netent’s collection of over 200 mobile-friendly games are featured at the world’s best paypal casinos. Netent is a member of ecogra which means you can trust that the games are 100% fair. Additionally, netent only provides its products to the most reputable online casinos. Netent started to configure their most popular games for mobile devices in 2011 after foreseeing the explosion of mobile gaming. Now, all of netent’s games are available for desktop and mobile devices. The games are almost identical on both platforms. The most noticeable differences are the menus and action buttons which have been reconfigured and optimized for mobile screens.

Netent has produced one of the largest gaming collections in the business since it launched over 20 years ago. Branded games like narcos, vikings, and jumanji have become fan favorites while gonzo’s quest, starburst, and dead or alive remain popular at paypal casinos around the world. Netent is even making its mark with live casino games. Even though they don’t have an overwhelming number of table games, netent still has a good variety of them. Those who want to go after a life-altering cash prize love that this multi-award-winning provider has created one of the biggest progressive jackpot networks on the planet.

Pros and cons of using paypal at online casinos

As with anything in life, there are advantages and disadvantages to using paypal with your online casino account, in the table below we summarize all the factors you should take in consideration before selecting paypal as your banking option at online casinos.

Ease of use: paypal is definitely easier to use than most other payment methods. You simply choose to deposit, enter the relevant sum, provide your account details, and it’s done straightaway. You’ll be able to see the transaction in your account instantly.

Security: paypal is one of the juiciest targets for cybercriminals in the world but their track record in terms of security over the years is exemplary. They regularly crack down on attempted fraud in both the online casino space and elsewhere. A sign of how robust their procedures are in general is that even during a major ebays security breach in 2014, paypal remained secure.

You’re probably already using it: paypal is incredibly popular as a general online e-wallet so there’s an excellent chance you already have a funded account you can use.

Licensing requirements: as mentioned previously, paypal requires that casinos are fully licensed in countries where they wish to allow gamblers to use paypal. This is good news from a user point of view as it means you know for a fact the casino is fully regulated.

Disadvantages

Not all online casinos accept paypal: as you could see from our breakdown of software providers above, not all online casinos accept paypal. Many of the ones who do not allow it are also the ones who offer the most attractive deposit bonuses.

Not possible in all countries: as we noted before, countries where paypal can be used with online casinos are slightly limited. So, we highly advise users to make a quick research to make sure the service is available on their country of residence.