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PayPal was established in 1998 and is located in California and eBay bought the company in 2002. PayPal is a very popular alternative payment method which has received numerous awards for their service, more than 20 awards in fact. They won two individual ‘Best Financial Services Site’ awards from the ‘06 Webby Awards and the ‘06 Webby People's Voice Awards respectively.

How does PayPal Work?

Members use PayPal to send and receive money via the web, and you can do this once you sign up for a free PayPal account. You can fund you PayPal account via you credit card or bank account, and this will then allow you to make PayPal payments.

When you buy something via PayPal, you usually click on PayPal during the website in question’s checkout procedure. You can fund your account and PayPal will then transfer it securely to your beneficiary’s account. After you make a payment, PayPal will send your recipients an email to notify them that they have been paid.

An important issue to look at is how sellers transfer their PayPal funds into their banking accounts. This process is quite easy for US residents, as well as residents of 7 other preferred countries that allow transfers from PayPal accounts to bank accounts. US residents don’t pay for these transfers, although the other countries pay a small transaction fee. PayPal is currently accepting people from 43 countries but in only 7 of these countries outside the US can members transfer money: Canada, France, UK, Germany, Netherlands, Australia, and New Zealand. Keep in mind that it takes between three to five working days to withdraw cash from your PayPal account.

PayPal Pros and Cons

One of the reasons we would recommend PayPal is because of their low fees, especially for personal account clients. If you open a personal account, you can receive up to 100 dollars per month free of charge, whereas businesses account holders must always pay to get money. Instead of charging high fees like some other alternative payment methods PayPal only charges a % of the transaction and a small transaction fee.

Some people might say that PayPal is overprotective as they don’t allow certain countries to join. Individuals from countries such as South Africa are allowed to make payments but they are not allowed to receive funds. This can be frustrating for individuals who do freelance work for overseas companies. Also, some people have complained that PayPal has suspended their accounts without providing a good reason. The upside of PayPal’s strict security measures it that their fraud rate is much lower than most other alternative payment methods.

Outside of the eight preferred countries including USA, Canada, France, UK, Germany, Netherlands, Australia, and New Zealand; merchants aren’t able to easily transfer money out of their PayPal accounts. Some merchants wonder why PayPal could not simply mail a check in US dollars to merchants from these countries. PayPal is sticking to its guns and says they are an electronic transmission company and not a paper one, and that issuing checks cost a lot of money.

Related Reading

PayPal payment method fees and facts
PayPal is popular in these countries Canada, Ontario, CA, Germany, Spain, United Kingdom, Ireland, India, New Jersey, US
Countries restricted from using PayPal Australia
Available accounts 2 accounts (1 personal + 1 business account)
Available currencies AUD, BRL, CAD, CNY, CZK, DKK, EUR, HKD, HUF, ILS, JPY, MYR, MXN, TWD, NZD, NOK, PHP, PLN, GBP, RUB, SGD, SEK, CHF, THB, USD
Account management fees free
Account unused free
Exchange fees (FX) 2.5%
p2p Money transfer
Send money p2p free
Receive money p2p Free for p2p in same country and currency by using bank or PayPal balance only.By transferring money internationally, with different currencies or by using a credit card the fee is between2.9% + 0.30 USD (from US to US account) and7.4% + 0.50 USD (from US to Brazil account)–> PayPal User Agreement #Receive Money
Deposit fees
Bank transfer free
Instant bank transfer free
Credit card between 2.90% + 0.30 USD and 7.40% + 0.50 USD
Withdraw fees
Bank transfer free
Cheque 1.50 USD
Prepaid card at the ATM 1.95 USD
To merchant site free (only available at few online gambling providers)
Cashback and promotions
Additional bonus programs none
PrePaid card PayPal PrePaid MasterCard
Requirements to order customer for 60+ days with premier or business account
Fee to order free
Membership 4.95 USD/month
Costs for cash withdrawals at the ATM 1.00 USD + 2.5% FX fees, 1% + 2.5% FX fees outside the US
ATM transaction decline fee 1.00 USD
Costs at points of sale free
Stop payment fee for preauthorized 10 USD
Online bank statement free
New PIN free
New prepaid card 5.95 USD
Cash withdrawal at ATM limits/24h 940 USD
Points of sale limits/24h 5,000 USD
Delivery time 2-4 weeks
Prepaid card available currencies EUR, USD
Validation 3 years
Two factor authentication PayPal Security Key
Fee to order 29.95 USD
Money-back guarantee in case of fraud yes
Link to terms & conditions https://www.paypal.com
21.55%

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Bonuses if you deposit with PayPal

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New Customer Offer. T&C’s Apply. 18+.This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. Play Responsibly. All Players - USA OK! Amount: 150% up to $300. How to claim the bonus: New players need to sign up from our LINK, make a deposit and claim the bonus code in the cashier or via Live Chat. Please note: Existing players need to make a deposit and claim the bonus code in the cashier via Live Chat. Minimum deposit: $25. Max cashout: No. Game contribution to the wagering requirements: Slots - 100%. Allowed games: Non-Progressive Slots only. Cashable bonus: Yes. Sticky Bonus: Yes. Available: 1x per player. Is the offer available on download &/or instant play version: Instant. Exclusive promo expires: 31st May, 2025.Allowed countries for the bonus: US, Canada (except Ontario), New Zealand, Italy, Germany, Norway, Sweden.

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Best PayPal casinos

Casinos found: 15

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Virginia

To save you time, we are only displaying casinos that are accepting players from Virginia.
If we have jumped the gun, you can remove that filter by clicking here.

MrO 25/10/23

$80

Bonus code: LCBMOTHER

Mother's Day Bonus - Exclusive
35xb - lowest WR
CLAIM
Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+.This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. Play Responsibly. USA OK! Amount: $80. How to claim the bonus: Players need to sign up through our LINK, and claim the bonus code in the cashier or via Live Chat. Max cashout: $100. Allowed games: Non-Progressive Slots only. Game contribution to the wagering requirements: Slots - 100%. Max bet for the bonus: $10. Cashable bonus: Yes. Sticky bonus: Yes. Promo offer valid: 31st May, 2025. Minimum deposit needed to verify a payment method: $10. Is the bonus available on download or instant play version: Instant. Allowed countries for the bonus: US, Canada (except Ontario), New Zealand, Italy, Germany, Norway, Sweden.
  • A- Minimum Desposit Grade
  • C++ Cashout Limit Grade
  • A++ Cashout Times Grade
  • B-- Minimum Withdrawal Grade

4 / 5 Rating

  • $3 Chip Reward
Lucky Tiger 21/09/20

$40

Bonus code: LCB40

No Deposit - Exclusive
50xb - lowest WR
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Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. USA OK! How to claim the bonus: New players need to sign up from our LINK and use the bonus code in cashier upon registration and email verification. Max cashout: $50. Restricted games: Table Games, Roulette. Game contribution to the wagering requirements: Slots, Keno, Bingo, Scratch Cards - 100%. Max bet for the bonus: $10. Cashable bonus: Yes. Promo offer valid: Until further notice. The minimum deposit needed in order to verify a payment method: $50. Bonus can be claimed in conjunction with sister casinos no deposit: Yes. Is the No deposit available on download or instant play version: Instant. 
  • A- Minimum Desposit Grade
  • D++ Cashout Limit Grade
  • F+ Cashout Times Grade
  • F- Minimum Withdrawal Grade

3.9 / 5 Rating

Highway 04/05/21

$30

Bonus code: DRIVE

No Deposit Bonus
53xb - lowest WR
CLAIM
New players only. T&Cs apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. $30 Free Chip. Players need to sign up from our link, activate bonus code in profile (email should be verified). Maximum cashout: $60. Restricted games: No. Max bet amount for no deposit bonuses: no restrictions.
  • A- Minimum Desposit Grade
  • D++ Cashout Limit Grade
  • E- Cashout Times Grade
  • F- Minimum Withdrawal Grade

3.9 / 5 Rating

  • $3 Chip Reward
ComicPlay 10/10/21

$30

Bonus code: WONDERCHIP

No Deposit Bonus
53xb - lowest WR
CLAIM
New players only. T&Cs apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. $30 Free Chip. Players need to sign up from our link, activate bonus code in profile (email should be verified). Maximum cashout: $60. Restricted games: No. Max bet amount for no deposit bonuses: no restrictions.
  • D++ Minimum Desposit Grade
  • D++ Cashout Limit Grade
  • E- Cashout Times Grade
  • F- Minimum Withdrawal Grade

3.9 / 5 Rating

  • $3 Chip Reward
WinPort 10/10/22

$30

Bonus code: READY30

No Deposit
53xb - lowest WR
CLAIM
New customers only. T&C's apply. 18+.This offer is not available for players residing in Ontario. The wagering requirements for Free Chip are 53x, allowing to cash out $60. Applies to all games except titles by Dragon game provider, All Roulette Games, Ride'em Poker, Baccarat, Pai Gow, Craps, Caribbean Poker, Top Card Trumps (Casino War), Draw High Low, Pontoon 21, Pirate 21, Red Dog, Oasis Poker.
  • D++ Minimum Desposit Grade
  • D++ Cashout Limit Grade
  • E++ Cashout Times Grade
  • F- Minimum Withdrawal Grade

3.9 / 5 Rating

  • $3 Chip Reward
BetWhale 08/10/24

250%

Sign Up Bonus
30x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+.This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. Play Responsibly. Minimum deposit: $20. Game contribution: Slots, Keno, Scratch Cards - 100%; Card games (BlackJack, Multihand Video Poker, Video Poker, Tri Card Poker) - 20%.



  • B-- Minimum Desposit Grade
  • A++ Cashout Limit Grade
  • C- Cashout Times Grade
  • F- Minimum Withdrawal Grade

3.4 / 5 Rating

Free Spin 09/08/16

220% up to $4400 + 50 Spins

Bonus code: CRYPTOBRIDGE

Sign Up Bonus
35x(b+d) - lowest WR
CLAIM
New customers only. T&C apply. 18+.  This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. The code is valid twice for New Players on slots+cards, 220% Match + 50 FS for crypto deposits, or 180% Match + 40 FS for other deposits; pt x35, max cashout x25 the deposit amount. FS apply to the Pop the Bank game only.
  • C- Minimum Desposit Grade
  • D++ Cashout Limit Grade
  • E- Cashout Times Grade
  • F- Minimum Withdrawal Grade

3.3 / 5 Rating

Regal 30/12/24

300% up to $6000

Bonus code: VIP300

Sign Up Bonus
30x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. Minimum Deposit $100. Maximun Deposit $2000. 48hrs to Redeem Bonus. 5x deposit max cashout.
  • C- Minimum Desposit Grade
  • C++ Cashout Limit Grade
  • C- Cashout Times Grade
  • E- Minimum Withdrawal Grade

3.1 / 5 Rating

Jazz 06/05/21

400% up to $2000 + 100 Spins

Sign Up Bonus
40x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. This offer is not available for players residing in Ontario. Canadian customers must be 19+ to participate. Play Responsibly.  Plus 100 Free Spins. 20 Free Spins (upon request) during the next 4 days, until reaching the full 100 total Free Spins. Min deposit: $25. Max cashout: $2,500.
  • C- Minimum Desposit Grade
  • C++ Cashout Limit Grade
  • E++ Cashout Times Grade
  • E- Minimum Withdrawal Grade

2.7 / 5 Rating

  • A++ Minimum Desposit Grade
  • E++ Cashout Limit Grade
  • F+ Cashout Times Grade
  • A++ Minimum Withdrawal Grade

2.7 / 5 Rating

400% up to $4000

Bonus code: WELCOME1

Sign Up Bonus
40x(b+d) - lowest WR
CLAIM
New customers only. T&C apply. 18+. This offer is not available for players residing in Ontario. New customers only. T&C apply. 19+. Min Deposit: $20. Max Bet: $5. Max Cashout: 10xDeposit. Cashable Bonus. Selected games only: See the website for a list of online slots.
  • B-- Minimum Desposit Grade
  • C- Cashout Limit Grade
  • F+ Cashout Times Grade
  • A++ Minimum Withdrawal Grade

2.7 / 5 Rating

  • $3 Chip Reward
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  • E++ Cashout Limit Grade
  • F+ Cashout Times Grade
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2.5 / 5 Rating

250%

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30x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. Min deposit: $25. Bonus and Free spins are valid for 7 days.
  • A- Minimum Desposit Grade
  • E++ Cashout Limit Grade
  • E- Cashout Times Grade
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2.4 / 5 Rating

20 Spins

Bonus code: LCBFS

No Deposit - Casino Spins - Exclusive
20xb - lowest WR
CLAIM
Exclusive Bonus - Read Details
New players only. T&Cs apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. 20 Free Spins on any Mancala game. How to claim the bonus: Players need to register through our LINK, once they create the account using the bonus code, they have 24 hours to contact Customer Service to request 20 Free Spins. Max cashout: 40mBTC. Max bet for the bonus: No. Min deposit needed to cashout winnings: No. Is the ND available on download &/or instant play version: Instant play only. Promo offer expires: Until further notice
  • A++ Minimum Desposit Grade
  • A++ Cashout Limit Grade
  • D Cashout Times Grade
  • F- Minimum Withdrawal Grade

1.8 / 5 Rating

moreless PLAY
BetUS 16/12/15

220% up to $2200

Bonus code: LCB220

Sign Up Bonus - Exclusive
25xb - lowest WR
CLAIM
Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+. How to claim the bonus: Players need to sign up through our LINK and redeem the bonus in the cashier once the deposit has been verified. Minimum deposit: $50. Max cashout: $5,000. Restricted games: Pai Gow Poker, roulette, craps, baccarat, and Live dealer 0%. Cashable bonus: Yes. Available on mobile: Yes. Exclusive promo expires: Until further notice.
  • A- Minimum Desposit Grade
  • A++ Cashout Limit Grade
  • F+ Cashout Times Grade
  • A- Minimum Withdrawal Grade

1.7 / 5 Rating

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Step-by-Step Guide to Casino Deposits and Withdrawals Using PayPal

Ever since its creation PayPal has been considered one of the best methods to use when it comes to executing online transactions. With that in mind, it comes as no surprise that it is also one of the most commonly offered methods in online casinos all over the world.

On top of being rather easy to use, it is also one of the safest ways to deposit and withdraw funds.

Before we start, there are two things that you will need. The first is, of course, a paypal account with funds in it, while the other required thing is an active account in a casino that accepts PayPal.

How to Make a Casino Deposit with PayPal

The process of using PayPal to make a casino deposit is pretty straightforward and you should have no issues doing it successfully, regardless of your previous experience using either this or any other method to make online transactions. Don’t worry - even if you get stuck, we got your back each step of the way!

  • Log In to Your Casino Account
    Sign in to your casino account using credentials (username/password) you’ve decided on when creating your account.
  • Go to the Cashier Section
    When you log in head to the cashier section of your online casino. When you get there look for the deposit menu.
  • Select Your Deposit Method
    After opening the deposit menu you will find different deposit methods available. Find PayPal and select it as your desired deposit method.
  • Enter the Amount to Deposit
    Enter the amount of money you would like to deposit to your casino account.
  • Log In to Your PayPal Account
    When you decide on the amount you wish to deposit to your casino account, a window will open requiring you to log in to your PayPal account using your credentials.
  • Choose a Way to Pay
    Once you log in to your PayPal account, you will have a few options on how you would like to pay, such as credit/debit cards linked to your account, but also PayPal balance. If you have enough funds on your account, you can proceed with PayPal balance.
  • Confirm Transaction
    After deciding on the payment method and the amount you would like to deposit, go ahead and confirm the transaction.
  • Check Your Casino Balance
    Deposits using PayPal are usually blazing fast, so, go ahead and check if your casino balance has been updated accordingly.

And just like that, you have successfully deposited money into your casino account. It wasn’t so hard, was it?

How to Withdraw Your Casino Winnings Using PayPal

When it comes to withdrawing funds from your casino account using this method, the process is quite simple as well.

  • Sign In to Your Casino Account
    Once again use your credentials to log in to your casino account, if you aren’t already logged in of course.
  • Get to the Cashier Section
    When you log in, head to the cashier section. This time around you will be looking for a withdrawal menu instead.
  • Choose Your Withdrawal Method
    After opening the withdrawal menu, look for PayPal and select it as your withdrawal method.
  • Enter the Required Information
    Upon choosing PayPal as your withdrawal method, you will be asked to enter some information, including the amount of money you would like to withdraw from your casino account.
  • Wait for the Transaction to Execute
    When you submit your withdrawal request, it might take a bit for the casino to process your request and funds to appear in your PayPal account. Keep an eye out for the transaction status.
  • Check Your PayPal Balance
    Once the transaction is marked as complete, log in to your PayPal account and check if the amount you withdrew from your casino account has been successfully transferred to your PayPal.

As you can probably tell by now, using PayPal to both deposit funds to your casino account, as well as withdraw money from it is pretty simple, but also quite fast. This is exactly the reason why PayPal is one of the most common ways players use this method when it comes to making transactions with online casinos.

FAQs

Are there any currency exchange fees applicable for PayPal transactions?

Yes, players will be subject to a regular 2.5% currency exchange fee whenever they try to perform a transaction in a currency different from those chosen for their account.

What about deposit or withdrawal fees? Will I get charged for funding my PayPal account?

Yes, PayPal does impose some fees for deposits, but only when performed using credit cards – from 2.90%+0.30USD up to 7.40%+0.50USD. As for withdrawals, when they are an option, the fee for bank cheques is 1.50USD, while an ATM withdrawal via the prepaid card comes with a 1.95USD.

What is PayPal Prepaid MasterCard and how does it work for online casino players?

The PayPal Prepaid MasterCard is a plastic card issued by this online payment service, in partnership with the credit card processor MasterCard. This has made the card available throughout the world, in practically any location where the credit card is, thus bringing an additional convenience and advantage to the users. Issuance comes free of charge, although there is a 4.95USD monthly fee for membership purposes.

Is PayPal a secure payment method of choice for handling my online casino funding activities?

Yes, PayPal pride themselves on their strict policy and all-encompassing security measures. In fact, many countries have been partially or completely excluded precisely due to disreputable behaviours. Aside from all industry and regulatory standards, the PayPal service additionally maintains high customer satisfactory standards, mainly by introducing individual protection closer to the user – PayPal Security Key. With all these encryptions and safety checks, both at PayPal and the top reputable casinos it is partnered with, players can feel free to enjoy their favourite slots or a hand or two at blackjack.

Will I be eligible to receive player benefits and bonuses from online casino operators when using PayPal for deposits and withdrawals?

Yes, PayPal has so far been deeply rooted into the online casino industry (in jurisdictions where it is completely legal), and operators even offered dedicated bonuses to promote its use due to the many conveniences it offers. Even more so nowadays, players can benefit from the gambling sites where they use PayPal as a banking method.

Are PayPal transactions reversible in case I decide to cancel my deposit?

If you decide to cancel the deposit you have made to your online casino account via PayPal, there is a chance to cancel it. However, you will need to access your PayPal account and check the status of the transaction – the ‘Pending’ mark tells you that the funds are yet to be transferred, and the transaction can be easily canceled. On the other hand, if the transaction is in your review list, along with all other payments and cashouts you have made successfully, then there is nothing you can do on your own. For refunds, try contacting your specific merchant and explaining the situation; you are also recommended to open a discussion at the PayPal Resolution Center and get feedback from other users.
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Use our Wagering requirements calculator to know your bonus obligations.

Example:20x wagering requirement

A 20x wagering requirement means you must playthrough your requirements 20 times before you can withdraw any winnings.
Case: 100% up to £100 with a wagering requirement of x20.
Bonus money example: Deposit £50 and get £50 bonus money. The wagering requirement is the bonus money multiplied by 20 (£50 x 20 = £1000).
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