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In fact, the mere fact that a casino takes PayPal can be an excellent sign as to its overall security and reliability. If they receive a number of valid complaints regarding a specific online casino, it will ban their account and cease working with them.
From the point of view of gambling providers, the most notable fact about PayPal is that it works only with online casinos that have a gambling license in the country of the player.
For example, a user with a PayPal account from the United Kingdom will be allowed to deposit from his PayPal account only if the online casino has a gambling license in the United Kingdom.
All you need to get going is a valid email address. When it comes to actually using your PayPal account with online casinos, there are a few key points to bear in mind:.
Some online casinos will only allow you to deposit via PayPal, for example. Always be sure to check the small print before signing up to a casino.
Another aspect to keep in mind in this regard is the cashing out time. Countries where PayPal is accepted: Locations where you can usually expect things to work are: Remember that online casinos can only offer a PayPal functionality in those countries where they hold a valid gambling license.
Some online casinos give different amounts of deposit bonuses in percentage terms depending on which deposit method you use.
Not all casinos are generous, however. Some casinos will actually charge you a deposit fee for using PayPal.
For example, Betfair charges a deposit fee of 1. As with anything in life, there are advantages and disadvantages to using PayPal with your online casino account.
PayPal is definitely easier to use than most other payment methods. PayPal is one of the juiciest targets for cybercriminals in the world but their track record in terms of security over the years is exemplary.
They regularly crack down on attempted fraud in both the online casino space and elsewhere. A sign of how robust their procedures are in general is that even during a major eBays security breach in , PayPal remained secure.
As mentioned previously, PayPal requires that casinos are fully licensed in countries where they wish to allow gamblers to use PayPal.
This is good news from a user point of view as it means you know for a fact the casino is fully regulated.
Microgaming is no different. That means you can shop around for the Microgaming casino with the best deposit bonus, VIP rewards, and games selection you like best.
This is good not only for UK players, but anyone who enjoys Pay-Pal as their favorite e-commerce provider. Rival Gaming sites and Topgame Technology websites are going to fall into the same category.
The United States government is hostile to most forms of online gambling, making it uncomfortable for the e-casinos, Internet poker sites, and online sportsbooks that operate unimpeded throughout most of the rest of the world.
If anything, many individual U. While many of the jurisdictions are happy to operate state lotteries that pay back a far lower percentage than any casino would ever consider paying, they continue to take the stance that gambling is immoral.
Thus online gambling sites are hounded by the US Justice Department, while the e-wallets, credit card companies, and other money transfers companies who service their money transactions are equally targeted.
That describes many online casinos, but not all. In fact, the payment company allows you to send money to over different countries worldwide.