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Everything you need to know about PayPal Casino

Rafael Benítez Mirror
  • 30.12.2021

Discover the best online PayPal casinos. The Project Sensible team has researched and reviewed each of these sites in detail, and we verify that they are safe, legal and fair.

Best casinos that accept PayPal

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What is PayPal?

PayPal is an electronic wallet, or digital wallet, that allows you to send, receive and store money online. It was originally launched in 1998 as Confinity and merged with X.com under the direction of Elon Musk in 1999. After Musk was replaced by Peter Thiel, the company was renamed PayPal in 2001.

It is now one of the largest financial companies in the world and billions of dollars are sent every year through PayPal. Many players prefer PayPal casinos for the ease and convenience of their use, and for the confidence it transmits.

Pros and cons: Online casino with PayPal

The truth is that PayPal is a double-edged sword. It makes your life incredibly easy, but you will pay for the privilege of using it. Consider these pros and cons of PayPal casinos before using it.

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What are the negative aspects of PayPal in online casinos?

1. ❌ High commissions

Although they do not charge any additional fees for withdrawals from the casino, their currency conversion rates are among the worst in the world and, when applied, can be as high as 3%. For example, if you play at a PayPal casino in the UK and want to withdraw in USD because you are abroad, you will lose 3% of your profit immediately.

2. ❌ Some users report the random freezing of their accounts

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Paypal has been known to freeze accounts containing customers' money for weeks or even months for random reasons. Most players manage to solve these freezes, and they can be for good reasons such as anti-money laundering. However, some players do not get them resolved and never get their money back.

3. ❌ Their customer service leaves a lot to be desired

PayPal's customer service is notoriously poor. If you have problems, they may take time to solve them.

And the positives?

1. ✔️ Security

You will not have to share credit or debit cards with online casinos that accept PayPal. That means that if someone hacks into the casino, they will only see your PayPal address. They won't be able to do anything useful with it. Of course, do not use the same password for your casino account as for your PayPal account.

2. ✔️ Widely accepted

You can spend the money from your PayPal account at a wide range of online merchants instantly. There are many slot sites that support PayPal.

3. ✔️ Quick deposits and withdrawals

PayPal offers almost instant deposits and withdrawals. While bank transfers can take days, with PayPal it happens in a matter of hours.

4. ✔️ Simplified registration

Some PayPal casino sites in New Zealand allow you to register with a single click using your PayPal account. Many even accept it as identity verification.

5.✔️ Multi-currency support

PayPal supports several currencies, including USD, GBP, EUR, CAD, AUD, NZD and several more. You can even have a multi-currency account. They usually allow you to choose the currency you want to use, or at least the main ones.

In general, we would say that the advantages of using PayPal are greater than the disadvantages. The best way to put it is this: when it's good, it's great, and when it's bad, it's terrible.

PayPal is known for how easy it makes online payments. This is probably the number one reason why people use it to play online.

Withdrawing money is even easier. Your PayPal account will be linked to your casino account after making a deposit. To withdraw, all you have to do is enter the withdrawal amount and confirm it. Your money will arrive in a matter of seconds.

Are there any alternatives to PayPal?

  • 🎲 Neteller - PayPal's biggest rival within the casino industry is Neteller.
  • 🎲 Skrill - Another serious competitor when it comes to e-wallets, Skrill Casino is accepted at most online casinos.
  • 🎲 PaySafeCard – If you don't want to create online accounts and want to use a simple disposable bonus to deposit credit at the casino, PaySafeCard is a potential alternative to PayPal.
  • 🎲 Bitcoin - To avoid all financial companies, Bitcoin is your best option.

Frequently asked questions about PayPal casinos

Can I play at PayPal casinos on my mobile phone?

Yes, indeed you can. All the casinos on our lists are compatible with Android and iOS phones and tablets. That means they work with Samsung, Huawei, LG, Lenovo, Blackberry and Windows devices as well as iPhone/iPads. Some of these PayPal mobile casinos have apps to download, but these are optional. You can always enjoy the instant game directly from your mobile's web browser. No download is required.

Are there any PayPal casinos with no deposit bonuses?

No deposit bonuses are going out of fashion, to a certain extent, and no bet bonuses are quickly replacing them. Choose from the available free spins, deposit bonuses and cashback bonuses.

Do any of these casinos accept US players?

US players will not be able to deposit at online casinos with PayPal due to the UIGEA regulations that regulate online gambling in America.

Can I play live dealer games on PayPal casino sites?

Most of the best PayPal casinos offer baccarat, blackjack, roulette and live dealer poker. PayPal live dealer casinos are everywhere.