A question we get often is “Which online casinos accept PayPal?” or “How can I deposit to an online casino using PayPal?” and “What online casinos allow PayPal withdraws?”. In this article you will find out why NO reputable online casino will allow you to use PayPal.
PayPal is one of the most popular ways do financial transactions online. Online betting sites though do NOT accept PayPal unless those sites are legally licensed specifically in their jurisdiction or province. The easiest way to deposit to a bookmaker, casino or poker room via crypto currency.
PayPal Betting FAQ
Can I use PayPal on betting sites?
It depends on where you are. PayPal only allows deposits to sites that are fully licensed in their resident jurisdictions. That means in Canada, NO, you can NOT used PayPal to play at the online casinos. Keep in mind all the online casinos are located in other jurisdictions, and not physically located in the specific provinces.
In unlicensed areas, such as all provinces in Canada, PayPal cannot be used on betting sites. Can not be done.
Can you buy Bitcoin with PayPal?
Yes, kind of. PayPal does not allow users to purchase Bitcoin or other cryptocurrencies in the past, but they are currently working on making it available as an option.
Can you deposit using PayPal if you don’t have a PayPal account?
Well, you aren’t allowed to use PayPal to start with, so no.
Can you use a family member or friends account to deposit via PayPal?
No. There’s no way around the rules, you can not deposit to online casinos using PayPal.
Why don’t I see PayPal as a withdrawal method?
PayPal does not allow any transactions, both deposits AND withdrawals if it is related to online gambling.
Are there any online casinos that accept PayPal?
Nope. Well, let me take that back, Yes there are, but you are going to get scammed. They are not legitimate online casinos. They know full well they’ll be shut down sooner than later, and with your money. Don’t use any online casino that accepts PayPal.
What are the advantages and disadvantages of using PayPal?
This is General PayPal info, NOT related to online gambling. PayPal offers instant deposits. Credit cards, debit cards, and electronic bank transfers are among the deposit options. PayPal users can also use PayPal for traditional purchases and eBay sales, making it more useful than some of its competitors. PayPal balances can also be created by receiving a transfer from a friend or business. The main disadvantage of PayPal is that there are deposit fees associated with credit card deposits. Withdrawals can be slower than other digital wallets. We personally use PayPal for any subscription online, since canceling is made easy since PayPal works as the in between.
What countries are allowed to use PayPal?
PayPal is available for betting sites in other countries, but none in North America. Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Portugal, Spain, Sweden, and the UK all allow gambling while using PayPal. NOT Canada or the USA.
Why can’t Canadian players deposit at a betting site using PayPal?
PayPal only permits gambling transactions in jurisdictions where it is licensed. That is why it is available in Europe. Countries license online betting sites.
Didn’t PayPal once process payments for offshore sites?
Yes. PayPal was once the main digital wallet for offshore gaming sites that accepted Canadian players. This included poker, casino, and sports betting. The company processed these payments from 2000 until November 2002. PayPal paid a $10 million fine to the US government for these transactions in a civil action.
Why do DraftKings and FanDuel accept PayPal?
DraftKings and FanDuel are daily fantasy sports sites. These businesses are considered to be skill gaming under most provincial laws. PayPal’s legal opinion is that processing payments for FanDuel and DraftKings are legal in all jurisdictions that it operates.
Can you use PayPal on Bodog?
No. Bodog does not allow deposits using PayPal.
Can you use PayPal on BetAnySports?
No. BetAnySports does not allow deposits using PayPal.
Does Spartan Slots accept PayPal?
No. Spartan Slots does not allow deposits using PayPal.
Does UpTownAces accept PayPal?
No. Uptown Aces does not allow deposits using PayPal.
Does BetOnline accept PayPal?
No. BetOnline does not allow deposits using PayPal.
Does Intertops accept PayPal?
No. Intertops does not allow deposits using PayPal.
Does Slots LV accept PayPal?
No. Slots LV does not allow deposits using PayPal.
Does Bovada accept PayPal?
No. Bovada does not allow deposits using PayPal.
History of PayPal in online betting
PayPal was the first major digital wallet on the Internet. It allowed people the ability to send money to a company or another person. It became the most popular way to purchase an item on eBay. It was also the top choice for online gambling sites that accepted North Americans, although it was a trivial amount of PayPal’s total business.
Online gambling transactions accounted for about eight percent of PayPal’s entire processing business in 2002. PayPal had little business outside North America at the time. That has changed drastically and PayPal is now an international company that processes payments in over 100 countries.
eBay acquired PayPal in 2002. The company has since split and became two different companies in 2015.
eBay purchases PayPal
PayPal stopped processing online gambling payments almost immediately after the 2002 merger. This left the US online gaming market with a massive void. Firepay and Neteller quickly came to the rescue. Both of these companies ran into legal trouble in 2006 and 2007, respectively.
The combined company became the target of a federal investigation into its online gambling payment processing in 2002, even though PayPal was an independent company when the alleged transactions took place. The company agreed to pay a $10 million civil settlement to dispose of the case in US Court in the Eastern District of Missouri. The amount was estimated to equal the amount of profit PayPal made during the two years it processed online gambling payments.
PayPal returns to online betting
PayPal stayed out of the online betting business until 2009. That is when the company decided to start processing payments again for the online gaming industry. The difference is this time around, the sites PayPal did business within the sector were fully legal and licensed in the jurisdictions where PayPal processed payments. This generally meant that the United Kingdom was the only country where PayPal was available as a deposit and withdrawal option.
Betfair was the first online betting site to use PayPal in Europe. Maybe not coincidentally, Betfair never accepted US players for any of its offerings, even before the Unlawful Internet Gambling Enforcement Act went into effect in 2006. Before that time, virtually every online gambling site accepted US players.
Betfair is known as a betting exchange. It differs from a typical betting shop as it allows players to set buy and sell prices similar to a commodities or stock market. Betfair takes a percentage of the win. This gave PayPal a unique entry into a complicated industry.
It was not long before other UK sportsbooks got approved by PayPal to use it for payment processing. Bet365, Ladbrokes and William Hill were among the companies selected to expand PayPal’s European online gaming business. Other online gaming companies that accept PayPal include 888, bwin, PartyPoker and Paddy Power. PayPal continued to only permit its use for online gaming purposes in countries where the activity is specifically legal and licensed.
Bet365, Ladbrokes and William Hill are among the strongest online gaming brands in the world. Each specializes in sports betting with online poker rooms and casinos falling secondary to the main business. All three started out as live betting shops throughout the UK. Each started to move its business to the Internet in the mid-2000’s during the online gaming boom. Bet365 sold its bricks-and-mortar betting shops in 2005. Ladbrokes and William Hill continue to operate them, lending even more credibility to the online business.
PayPal continued to operate its eBay and person-to-person business in the US. This included payment processing for traditional online businesses. It also permitted some uses within the skill gaming sector. This includes Worldwinner, a skill-based site owned by GSN. Worldwinner also processed payments to less traditional skill gaming sites that include Gamesgrid’s backgammon games and duplicate card games like spades, bridge and poker. Duplicate cards deal all players the same cards and score based on the difference in points between the participants.
PayPal enters daily fantasy payment processing
The next big move in the US for PayPal was daily fantasy sports. The contests are believed to fall under skill game laws in as many as 45 states, although there is some debate about the exact number where it is legal. Nonetheless, PayPal processes deposits and withdrawals for all sites in all states where daily fantasy companies operate.
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