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.
The benefits PayPal provides are ideal for mobile gambling.The PayPal mobile app provides the same services and is compatible with iPhone and Android devices. There are also several betting apps that accept PayPal; most of these are established online gambling sites where players can enjoy casino games like slots, roulette or blackjack, or even poker. A few real-money poker sites do accept PayPal for deposits and withdrawals. My current top pick is 888 Poker ( PayPal status here ), although you should check the list on this page for the up-to-date list. If you ask someone to transfer money to you online, chances are that they will mention just one option: PayPal. Since being launched in 1998, Paypal has grown into the de facto standard in online payment processing. If using PayPal in casinos is allowed in your country and you can find a good site that supports it, go ahead and use it. However, you might have a better time choosing a website from our general list of best online casinos, without limiting yourselves to those that accept PayPal deposits.
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
Rank | Site | Play | Bonus |
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100% up to €250
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200% up to €500
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100% up to €400
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100% up to €300
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100% up to €400
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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.
![Use Use](/uploads/1/3/4/1/134184233/756275816.png)
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).
![Paypal Paypal](/uploads/1/3/4/1/134184233/495486635.jpg)
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).
This is an easy, quick, and safe option for players to fund online poker accounts. PayPal has been around for many years, and it is very likely that you already have an account. It is the payment method most widely accepted at eBay. It enables users to pay and receive money online instantly.
What are the Best Hold’em Sites that Accept PayPal?
This option is available at all major poker sites. Players outside of the United States can instantly fund their accounts using this method. The wide availability of sites that accept this method gives you, the player, many options to choose from. This enables you to be very selective when choosing a site to play at.
Poker siteBonusBonus CodeVisit$2000THPOBONUS$600 + $88 freenot needed, use our links$30 SPINS ticketsTHPOBONUS
Can Hold’em Players in the US Deposit with PayPal?
This option is available in the US for online purchases, but unfortunately poker players cannot use it to fund accounts. The company pulled out of the US market for online gambling in 2003 when it merged with eBay. The company has now split from eBay and is a separate entity. There are rumors that PayPal is considering re-entering the US market as an online gambling payment solution, but we have not seen that happen yet. We can only hope that it does happen.
What are the Advantages of Depositing with PayPal?
There are several benefits of using this method instead of other methods to fund your online poker account. We have listed a few below:
- Instant Deposits – Your funds will be instantly available when you choose this option to fund your account.
- Very Quick – You will simply enter your email address and password to deposit with this method.
- Widely Accepted – You cannot only use this method to fund your account, but you can use it to shop at millions of merchants around the world.
- Easy Payout Solution – The poker site will be happy to process your cash out using this method. It is simple to use and much quicker than choosing a check.
What are the Disadvantages of Depositing with PayPal?
The disadvantages to this method are very limited. We have found a few things that some players may find as a disadvantage below:
- No Online Gaming Use for US players – This is one of the biggest disadvantages we have found. It leaves players from the US struggling to find an easy banking solution for online poker play.
- Account Verification – If you do not already have an account then you will need to set up one. Before you can use your account, you will have to verify it. A small deposit will be made into your bank account, and you must verify the amount that was deposited. This process usually takes a few days, but once this is complete you will be able to begin funding your poker site instantly.
How Does PayPal Work?
Real Money Poker Sites That Use Paypal Money
This is an online e-wallet. You will begin by opening an account which is a very simple process. Once your account has been opened then you will need to link it either to a bank account or credit card. If you link it to a bank account then you will be able to move money to and fro your bank account easily. You can also request a debit card from Paypal that you can use anywhere that Mastercard is accepted.
Why Should I Deposit at Online Poker Rooms with PayPal?
Using PayPal to deposit at online poker rooms gives you the opportunity to deposit instantly. It is one of the largest online payment processors available, and it is licensed and regulated to ensure that your funds are kept safe. There are minimal to no fees involved and some sites even give you an added bonus for choosing this option.
PayPal History
Real Money Poker Sites That Use Paypal Instantly
This company was one of the very first online payment processors available. It was launched in 1998. The company is publicly traded on the stock market. It instantly became very popular among online gamers and was the number one payment processor for online gaming up until it merged with eBay in 2003. After the merge US players were no longer allowed to use this methods to fund any gambling related transactions online.
In 2015, eBay decided to spin off PayPal back into its own separate company. It continues to be one of the most widely used payment processors for online poker players outside of the US market. There have been rumors that the company plans to open up the market for US players, but I have my doubts about that unless new laws are passed.
The company currently has over 179 million active users, and it continues to grow. It is a widely accepted payment across the internet. Small businesses also have the option to use the this method to accept payments in store via credit card by using the swipe device that enables merchants to turn a cell phone into a solution for accepting payments.