Being one of the most popular payment methods worldwide, Paypal has become a comfortable option to make deposits and withdrawals at online casinos. Today we will introduce our readers to the world of such casinos, show all the details, give an insight on the professional reviewal process, present some useful advice on choosing a decent Paypal casino and much more.
🔥 Best Online Casinos updated: 05 Aug 2021 20:13:41
📍 How we rate banking options in Canada
First of all, we would like to elaborate on our rating of banking options. It will both give our readers an insight into the process and point out the most important aspects to look at while assessing another payment method. There are several crucial criteria that have to be matched, so let us review each of them in detail.
The security of transactions is essential. With insecure services, losing the amount of a specific transaction is not even the worst scenario: your financial information might be exposed and all the funds from the account might disappear in a matter of seconds.
The history of the company providing such services is also important. If there were major incidents in the past, they might occur again, whether these are security flaws, data leaks or other big issues.
This is more of comfort criteria. In case the service is unstable, you will fail to authorize the transactions, have to spend time calling the support and face other related inconveniences. Decent platforms provide their service 24/7 without having holidays or hours off.
With really good banking options, you won’t even have to contact the support, but in case you, for example, make an input mistake, while filling the transaction info, the support should be quick to react and ready to help.
Last but not least, the popularity of the banking option is quite important. In case it is a freshly released platform, there are no guarantees they will succeed and survive the competition. We suggest being cautious with aspiring platforms and not keeping large sums on your accounts there.
Paypal meets all of the criteria as a banking system, but you have to assess the casinos as well.
🎮 Finding and Choosing Online Casinos that Accept PayPal
Once you are ready to use this banking option, it is necessary to find gambling sites that accept Paypal and ensure they provide a good service. There are several basic ways to do so, we’ll present them in the list below.
Perform the research yourself. Find several Canadian online casinos that accept Paypal, ensure they meet all the necessary criteria and choose the place you like the most.
Check out the independent casino ratings from professional reviewers and try to project their experience on yourself.
Visit independent review platforms and check out the experience of other players at specific casinos to choose one for yourself.
So on, we have mentioned the security of this banking method several times and now is the time to explain it in detail. There are several points that grant the security of transactions with Paypal, feel free to read them below:
They don’t share any sensitive financial information with the recipient of the payment.
They have a buyer protection program.
The personal information is encrypted by using the latest security protocols.
There is a support team that is always ready to help if any issues occur.
Moreover, the transactions at gambling sites that accept Paypal are processed on the servers of Paypal, excluding the casino’s security from the equation. In addition, you do not interact with the casino directly, as you would do with prepaid cards, for example. It allows you to be sure that the transaction will be finished and you will have the receipts for the case if something goes wrong.
Moving further on with aspects of casino Paypal deposit and withdrawal processes, it is time to assess their benefits and drawbacks. By outlining the hits and misses, we hope that our readers will have a clearer understanding of the process and it will be easier for them to decide whether it is worth it or not. Also note that some of the points will be related only to cash-ins as the conditions between deposits and withdrawals might differ.
a deposit to the casino account balance.
✔️ Secure transactions, which we have explained in detail in the previous section.
✔️ Stable performance of the platform without frequent technical issues.
✔️ Quick transaction processing for withdrawals and, with most of the Paypal casinos, instant deposits.
✔️ No fees for deposits and usually either no or small fees for withdrawals.
✔️ It is a convenient method for most users thanks to the easy setup and comfortable account management.
❌ Despite the high-security standards, the transactions are not anonymous.
❌ Withdrawing money from the Paypal account to your debit card might take a while.
As you can see from our list, there are more advantages than there are pitfalls and the benefits are pretty sufficient. Our experts consider it a decent banking option that has lots of positive features and is comfortable and secure to use, so if you are fine with the mentioned disadvantages, it is definitely a great choice. However, before starting to gamble online with Paypal, there are some other details you need to know.
🎁 Minimum and maximum PayPal casinos deposits and withdrawals
As with any banking system, each Paypal casino has transactional limits. Some of the limits are explained by the security standards of Paypal, which may not allow it to process several huge transactions a day, the others are related to the terms set by the casinos themselves. Also note that the limits mentioned further on are the industry average, meaning they can vary between different sites.
At most places, the limits are rather low for minimum deposits and withdrawals and the top limits are comparably high as well. It allows you to gamble online with Paypal without worrying about reaching the minimum cash-out amount or having restricted withdrawals of your winnings.
The limits at most of the places are indeed comfortable for most kinds of players. In case you are not planning to spend a fortune, you will not even be bothered by these boundaries. Below we present the average limits for cash-ins and cash-outs.
The minimum deposit is C$10 at most of the sites, while the minimum withdrawal is from C$10 to C$20.
Maximum deposit varies significantly between places, but it is usually around C$5,000. The maximum cashout reaches C$10,000 per transaction at some sites.
The wagers are not directly connected to the banking system, but the best Paypal casino won’t have them larger than x50.
Wager or Wagering Requirements
the amount of times the player has to bet the sum to be eligible for a withdrawal.
As we have mentioned before, the fees are rather comfortable with this system. In most cases, a casino Paypal deposit will be free of charge, while the withdrawals may have a small fee or may be provided for free as well. Note that we mean the fees of the casino to process a transaction, not the fees of the payment platform itself, when, for example, transferring funds from your debit card to your Paypal account.
The speed of the transaction processing is as well rather comfortable. As usual, a casino Paypal deposit will be processed instantly at most of the sites. The withdrawal times may significantly vary between places, but they do not usually exceed 24 hours. Sometimes the casinos have to check the player’s history, which requires a bit more time, but that happens regardless which banking option is used.
Coming up to mobile gambling, this payment option is probably the most convenient for playing on the go. There is a mobile app, which allows you to instantly process the transactions, without having to perform additional steps. Moreover, the best Paypal casino would have a mobile app, to make playing on the go even more comfortable. The conditions like limits and withdrawal time are exactly the same as on the desktops.
The last topic we are about to cover today is the sweetest one, the bonuses. Of course, we once again have to outline that different casinos offer different promotions, so note that these are only examples of promos. However, the best Paypal casino would feature all of them to make the experience more entertaining and beneficial for the players. So let us finally give the examples of different bonus types:
Welcome bonus. It is available at 99% of casinos and basically increases the amount of your deposit by a specific percentage, usually from 50% to 200%. There are max limits and wagers applied to such promotions, so don’t forget to attentively read the bonus terms.
No deposit bonus. Some places rarely offer an option to get free spins without making a deposit. However, the wagers for these promos are usually extremely high.
Recurring events. These are the promotions available once per week or for the selected time of the month or of the year. The bonuses usually include deposit bonuses and free spins.
Referral programs. These are the bonuses for recruiting a friend with a referral link. The casinos reward you with free spins or a percentage of the friend’s deposits.
Paypal is a banking option we are ready to recommend for our readers. It has all the necessary features and the service is provided on a decent level of security and quality.
💠 How to make an online casino deposit using PayPal?
It will take: 10 minutes
In order for our readers to have an easier start at a Paypal casino, we have prepared this short guide on deposits.
Create an account at the casino, enter the necessary information and verify your email address.
Have the desired amount available on your Paypal account and make sure you have read all the terms and conditions of the casino before making the deposit.
Visit the banking page of the place, select Paypal, enter the desired amount of deposit and finish the transaction.
Yes, being one of the most popular platforms for online payments, it maintains a sufficient level of security. The transactions are protected and the personal information is always encrypted for storage.
Are there any bonuses for using it?
Well, most places do not offer Paypal-exclusive promotions, but a decent casino will have enough bonuses for everyone. In fact, there are in general not so many bonuses offered for using a specific banking method.
Which gambling sites accept it?
There are hundreds of gambling sites that have this option on the list. The simplest way to check whether it is available at a specific place is to visit their banking page.
How do I find such a casino?
The simplest option would be to use the search engine, but we remind our readers once again to choose the place carefully. Don’t forget to read the reviews of other players before making a deposit.
How long do the withdrawals take?
With this banking method the withdrawals usually take from 24 hours to seven days, depending on the place. However, most casinos tend to process cash-out requests as fast as possible.
Will I receive any receipts?
Yes, all the information on your transactions will be stored at Paypal servers. You can find it in the mobile app or on their website by visiting your transaction history and selecting a specific operation.