PayPal Review
Unfortunately US players cannot make payments to and from PayPal casinos.
Of all online financial service providers PayPal is certainly one of the most familiar and most used. On its website it says there are currently over 240 million customers making use of PayPal's services. If you buy and sell stuff on eBay it is very likely that you use PayPal, as it is eBay's preferred payment method.
PayPal is used for all kinds of online transactions, but unfortunately gambling-related money transfers are only tolerated in a select number of countries. These countries do not include the US, Canada, and Australia. For those players looking to deposit funds to an online casino using a more or less similar payment method, we suggest checking out our page on Moneybookers. If you are from the UK, you can safely make payments from and to the PayPal casinos listed below this article.
PayPal Account Registration
PayPal is not your average e-Wallet. You can see PayPal as an intermediate station connecting your bank account or credit card to your online casino (or other online merchant) account. If you sign up for an e-Wallet, you have to fund it before you can use it. If you sign up for PayPal, you connect your credit card or bank account before you can make a deposit.
After you registered a PayPal account (which takes about three minutes) you connect one of the two payment options. Connecting your credit card is the easiest and is 100% hassle-free. When you connect your bank account PayPal makes a micro-deposit. Once received you fill in this micro-amount at your PayPal account to verify your bank account.
PayPal Casino Deposit
If you linked your credit card or bank account, you are ready to make your first deposit to a PayPal casino. Head over to the cashier and select PayPal out of the list of payment options. You will be prompted for your PayPal account details to approve the transaction.
A deposit made using your connected bank account appears immediately on your PayPal casino account, but is debited from your bank account 2 to 3 business days later. Credit card deposits are debited immediately, and also appear instantly in your casino account. Making deposits to and withdrawals from PayPal casinos is always free of charge.
Withdrawing Your Winnings
Getting the money back in your PayPal account is free of charge. You can then opt for either a fast withdrawal option (which costs £5.00 as a one-time fee) or a regular bank transfer (for free). It's probably best to pick the regular electronic bank transfer, as the 2 to 3 business days it takes for the funds to arrive is definitely not that long.
