PayPal has developed a reputation as one of the safest and most secure online payments systems in the world. There are literally millions of websites that now accept PayPal as a method of payment, including a number of legal and regulated online casino and poker sites across the US.
PayPal transactions can be conducted in more than 25 different currencies and the payment processor’s 200 million active users worldwide use it to send, receive and hold funds in all of them.
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Now, thanks to PayPal reversing a no-gambling transactions policy it had in place for years, gamblers and poker players in the US can use PayPal to deposit and withdraw funds form several online poker and casino sites operating legally inside the US.
Which online poker and casino sites in the US accept PayPal?
PayPal is now accepted as a method of deposit and withdrawal by four online poker sites operating legally in the US.
The sites include:
Additionally, five more legal and regulated online casino sites in New Jersey also accept PayPal.
These sites include:
Banking with PayPal
Making a deposit on an online poker or casino site with PayPal is a simple three-step process.
You must first ensure the email address you are using for both your poker or casino site is the same one you’re using for your PayPal account.
Next, you must fund that PayPal account. PayPal accounts can normally be funded through a transfer from another PayPal account or by direct transfer from your bank account.
PayPal usually accepts major credit and debit cards as well. However, there are fees associated and several online poker and casino sites do not accept PayPal deposits from accounts funded in this manner.
Once there is money in your account, the third and final step is to choose PayPal as your method of deposit on the online casino or poker site of your choice and follow the prompts.
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Once you have successfully made a deposit using PayPal, you can then withdraw funds using the online payment processor.
Is PayPal safe and secure?
As a licensed money transmitter in the US, PayPal is subject to many of the laws governing the US banking industry. For the most part, this means your money is as safe with PayPal as it is with any bank in the country.
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Additionally, PayPal uses Secure Sockets Layer (SSL) encryption technology to keeps all of its users personal and financial information safe and secure. This means your privacy is protected.
Finally, PayPal has its own Buyer Protection and Account Protection programs that will help you on the rare occasion your money somehow disappears. Essentially, these programs help resolve any disputes over transactions. They help prevent fraud and provide an additional layer of protection for all PayPal users.
In the end, you can count on PayPal being one of the safest and most secure ways to make a deposit on accepting online poker and casino sites in the US.
Are online casino and poker sites that accept PayPal safe?
Government oversight ensures the legal and regulated online poker and casino sites in the US are safe and secure. In New Jersey, that oversight is provided by an arm of the State Attorney General’s Office called the Division of Gaming Enforcement.
In Nevada, it’s the Nevada Gaming Commission and the Nevada Gaming Control Board.
These government bodies have put in place regulations guaranteeing the safety of all player funds. They are also responsible for testing the games and software for fairness.
The history of PayPal and US poker and online casino sites
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PayPal launched online payment processing services back in 1998. At the time, online gambling sites were one of its biggest business partners.
The online auction site eBay bought PayPal in 2002 and it wasn’t long before the U.S. Attorney’s Office first alleged PayPal was processing payments for what it considered illegal gambling operations.
PayPal and eBay settled the case against it by agreeing to pay a $10 million fine, admitting it had aided illegal offshore online gambling sites, and instituting a strict no-gambling transaction policy.
This policy stayed in effect for close to seven years.
By that time, governments around the world had begun legalizing and regulating online gambling operations. PayPal moved back into the online gambling market in 2010 by beginning to act as payment processors for online casino sites in Europe that were licensed and regulated in different jurisdictions.
The strict no-gambling transaction policy was changed with PayPal now interested in working with online gambling operators, as long as they were licensed and regulated by local governments.
Caesars Interactive Entertainment’s NJ online gambling sites struck a deal to start accepting PayPal in 2015. The WSOP.com Nevada site came on board at that time as well. Two New Jersey sites operating under Golden Nugget Atlantic City’s internet gambling license came aboard in 2017.
PayPal online poker and casino FAQ
Are there fees for using PayPal?
The online poker and casino sites in the US that accept PayPal as a method of deposit do not charge users a fee for using PayPal.
There are also no fees for funding a PayPal account directly from a US bank account or by electronic funds transfer.
Can you use PayPal without an account?
Players must create a PayPal account to use it as a deposit method on sites that accept it. Plus, the email address has to be the same one on both accounts.
Can you use someone else’s PayPal account?
No. The PayPal account used to deposit at a US online poker or casino site must belong to the site account holder. It must also needs to use the same email address.
Why can’t I see PayPal as a withdrawal method?
PayPal only appears as a withdrawal option once its used as a deposit method.
How do I make a withdrawal from PayPal?
Users can almost always make a withdrawal from PayPal using the same methods used to fund the account. Users can also request electronic check and a check by mail.
PayPal users also have the ability to obtain a PayPal debit card that can be used at ATMs and places where most major credit cards are accepted.
Why should I use PayPal?
PayPal offers instant deposits at the US online poker and casino sites that accept it. It is safe and secure and money on PayPal can also be used all over the internet.
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The only downside is withdrawal times can sometimes be slower than other online payment processors.