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A scanned copy of your passport and a utility bill should do the trick. Then, a few online betting sites started to accept it. Since then, Bitcoin has become one of the best ways to fund online casino accounts.
There are several advantages to using Bitcoin. The high level of privacy and anonymity make it an attractive alternative to other payment methods.
This is especially true for online casino fans who live in countries in which online gambling is frowned down upon. Because Bitcoin payments are peer-to-peer, there are no middlemen and transactions are processed very quickly.
The fees are also low to non-existent and Bitcoin deposits usually qualify for bonuses. There are a couple of drawbacks to using Bitcoin and other cryptocurrencies.
For starters, Bitcoin is highly volatile and prone to extreme fluctuations in price. Getting started with Bitcoin is a straightforward process.
Start by finding a secure Bitcoin wallet in which you store your Bitcoin. Next, open an account at a reputable Bitcoin exchange like Coinbase or Kraken.
You may then proceed with the purchase of your Bitcoin. You can buy Bitcoin using a wide range of payment options.
Credit cards, debit cards, and eWallets like PayPal are commonly used to purchase Bitcoin. Now you are ready to make a Bitcoin deposit at your favorite online casino.
A lot of online casinos accepted PayPal back in the late s and early s. In fact, PayPal was the most widely used payment option at online casinos by That same year, PayPal voluntarily stopped processing transactions with gambling sites.
PayPal implemented new policies and once again began processing transactions with online casinos in PayPal continues to process these transactions but only if the account holder lives in a country in which online gambling is legal.
This means you can have a great deal of confidence when you see the PayPal logo at an online casino. However, more and more betting sites are accepting it these days.
This includes many of the online casinos that have opened up in the United States. Anyone who has visited an American-based online casino knows that those sites offer very few payment options compared to most international sites.
Speaking of the big international sites, they have been rather slow to adopt PayPal. Fortunately, this trend is turning as sites like Ladbrokes, , and other industry titans have embraced it.
Since spinning off from eBay in , PayPal has been aggressively strengthening its international business through various acquisitions. Revenue has nearly doubled while net income has increased fourfold.
There are over million active accounts spread throughout markets, and they are responsible for billions of dollars worth of transactions.
You can expect PayPal to continue with this approach through and into the foreseeable future. One thing that makes PayPal such a great payment option is the relatively low fees.
Moving money from your PayPal account to your bank account is faster too. While we are told that standard withdrawals take business days, it often takes a little over 24 hours.
PayPal also offers express withdrawals which allow you to access your funds through an ATM within minutes. Increased convenience, lower fees, faster withdrawal times, and an industry-leading Buyer Protection Policy sets PayPal up nicely going forward.
The expansion of online gambling in the United States bodes well too. As mentioned, PayPal only offers its services to properly licensed online casinos.
So, what does this tell us? Fortunately, there are a lot of great sites that meet these standards. On top of that, many of those sites give you sweet bonuses when you make your deposits using PayPal.
Here are five of the best PayPal online casinos. Aside from featuring games from its own in-house development team, Gaming, casino has partnered with several other top software developers like NetEnt, Playtech, NextGen, and WMS.
The site has a massive collection of games because of this. Of course, casino also has several variants of Blackjack, Baccarat, and Roulette.
Their live casino has something for players of all stripes and budgets. There are a few things that separate casino from many other PayPal casinos.
Furthermore, Casino gives you a choice of two welcome bonuses. To make things even more interesting, casino has a different promotion every day of the week.
That gives you plenty of opportunities to earn more bonus cash and free spins. To top it off, you earn comp points every time you place a bet.
These comp points are redeemable for cash. Play at casino. Mr Green Casino. Add that to the fact that Mr Green accepts PayPal and you have yourself an excellent casino.
Licensing Authority. How we rate Licensing Jurisdictions? Withdrawal Limit. Monthly limit higher than certain amount of money.
Minimum monthly withdrawal limit. Filter Casinos by Language. Website Language. Customer Support Language.
Live Chat Language. PayPal pros and cons as a casino payment method We've already revealed one of the indisputable edges of PayPal accepted casinos: security.
Aside from this, using PayPal in online casinos makes sense, if you seek: More Convenience. With PayPal, you only enter login and password in an online casino account.
With any card, you will have to type the number of this card, expiry date, confirmation codes, and other types of data which is hard to remember.
Faster Withdrawals. In most of PayPal casinos, it takes days to load your winnings onto your PayPal wallet.
On average, it's faster than a bank transfer, where the average time of withdrawal is days, although some other e-wallets are even faster than that. Fee-free Transfers.
Some e-wallets charge transaction fees. PayPal may not be as speedy as these services, but here you don't have to pay extra commission for depositing or withdrawing money from an online PayPal casino.
How to use PayPal in online casinos The first step to transferring your funds to an online casino via PayPal is setting up a PayPal account. How to choose the right casino that accepts PayPal deposits The fastest way to choose a PayPal online casino is to open our 'Recommended' tab, in which you will see only the websites that our review team found the most worthy and credible.
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If, however, you make use of the bonus offers for new customers, then many casinos will give you the chance to multiply your deposit.
At least in theory, this will increase your chances of making a profit significantly, as you can play many more rounds in the casino.
They protect the provider from people taking advantage of the bonus offer and cashing out straight away after receiving it. In order to be able to transfer the bonus in real cash to your own account, you will have to meet the specified conditions.
The playthrough requirements usually amount to between 20x and 50x of your bonus. This means that the profits from these games will not contribute to the playthrough requirements.
You should therefore inform yourself carefully about the conditions for any deposit bonus before using it in order to avoid problems when withdrawing later on.
The following list includes the current promotions for each provider and also shows possible disadvantages that could occur in connection with using the bonus offers.
Sunmaker Casino has not only made a name for itself as the first Merkur Casino on the internet, but also appeals to many fans due to the wide range of available payment options.
The possibility to deposit via PayPal enables quick and secure processing. Another definite advantage is the fact that any payment method can be used for making the deposit, including PayPal.
The playthrough requirements are medium to high 40x the bonus amount for a total of euros. The offer is especially interesting for players new to online casinos.
Thanks to the selection of Merkur games that will be familiar to players frequenting land-based casinos, their transition to the online world will be an easy one.
In addition, the permanently available support will help players with any questions or problems in a quick and easy manner. When visiting the SunnyPlayer Casino website, you will be greeted with the regular welcome bonus straight away.
The bonus here can go up to a maximum amount of euros. What do you have to do to get it? Unfortunately it is not entirely free — you will have to deposit 1 euro.
To do so, you can use all the usual payment methods, PayPal included. Many players will have used many other bonuses already and will therefore be looking for new offers.
Overall, this is one of the most lucrative bonus options among comparable portals. Even players accessing the mobile app via their smartphone or tablet can receive the 10 euros.
However, not all of the slot games are available on the mobile version yet. This casino is not very well known yet. Part of the reason might be the fact that the software download is mandatory in order to use the platform.
An option for using the services directly in the browser on your PC or laptop, as is the norm these days, is still missing. Only the mobile casino can be run directly in the browser only iOS and Android.
However, just like with the other offers, there are some requirements for this bonus. Should you really be opposed to downloading the software client, then you can use the app instead.
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