PayPal has cemented its status as one of the most popular payment methods at real money online casinos. It is fast, free, and highly secure. Read on to learn more about the best PayPal online casinos, how to use this payment option, and its notable pros and cons.
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PayPal online casino key takeaways
| 🏛️ Casinos Accepting PayPal | DraftKings, FanDuel, BetMGM, Caesars Palace, Bally Casino, various others |
| 🥇 Best PayPal Casino | DraftKings |
| ⏱️ Best Processing Time | BetRivers |
| 💵 Avg. Minimum Deposit | $10 |
| 💰 Avg. Max Withdrawal Amount | $60,000 |
| 💲Fees | None |
Best PayPal online casinos
1. DraftKings Casino: Best overall casino
DraftKings Casino is the best PayPal casino in the business right now. It offers more than 1,000 slots and a very large range of exclusive table games, which often feature large progressive jackpots.
The app and the website are both reliable, easy-to-navigate and user-friendly. There are lots of casino bonuses, and you will earn Dynasty Rewards points whenever you play games.
The minimum deposit at DraftKings is $5, compared to $10 at rivals, so this casino may appeal to casual players. You can also rapidly withdraw between $1 and $60,000 per transaction via PayPal.
2. BetRivers Casino: Fastest payout
BetRivers Casino offers the fastest withdrawals via PayPal. Parent company Rush Street Interactive has implemented an automated payout system called RushPay, which approves most withdrawal requests automatically.
You should then receive your funds within a couple of minutes if you use PayPal as your payout method. It is a smooth, simple process,
BetRivers offers a huge variety of games too, along with 24/7 support, a competitive sign-up bonus, a rewards program and various weekly promos.
3. Caesars Palace: Best rewards program
Caesars Palace allows deposit and withdrawals from personal and premier Paypal accounts but requires that players use the same account to do both types of transactions. Caesars has a minimum $10 withdrawal requirement with no fees charged to the transaction.
Money used at Caesars provides the best rewards program for online casino players. You will earn 1 Reward Credit for every $5 wagered on slots and every $25 wagered on table games. Players can then redeem their points for bonus credits at a rate of 500 per $1.
It will give you Tier Credits too, which unlock perk at land-based casinos owned by Caesars Entertainment.
How to make a deposit with PayPal at online casinos
It is easy to deposit using Paypal at an online casino. For example, just follow these simple steps at DraftKings Casino.
Step 1: Open the deposit page
Hit the “Deposit” button at the top of the mobile app or the website. Choose a deposit amount, either by selecting a prepopulated option or entering a custom amount.
Step 2: Select PayPal as your method
You will see PayPal listed as one of many different deposit options. Click or tap on the PayPal button and hit “Continue.” You will be taken through to the PayPal gateway.
Step 3: Authorize the payment
Log into your PayPal account and click to authorize the payment. You will then be taken back to DraftKings Casino, and the funds will appear immediately in your account balance.
Read more: Minimum deposit casinos
How to withdraw winnings with PayPal
PayPal is one of the quickest withdrawal options at US online casinos. Follow these instructions to get paid out via PayPal at DraftKings.
Step 1: Visit the withdrawal section
Click on your profile icon and hit the “Withdraw” button. You will then see your withdrawable balance. Enter the amount you would like to withdraw and click “Continue.”
Step 2: Select PayPal as your method
It will provide a range of withdrawal options. PayPal will be available if you have used it for a deposit. Type in your PayPal email address and hit “Request Withdrawal.”
Step 3: Wait for your funds to arrive
DraftKings will need to process your payout request and approve it. Withdrawals are processed withdrawals daily from 9 a.m. to 5 p.m. ET. The online sportsbook advises that PayPal withdrawals can take up to two days, but we have generally found that they take fewer than 24 hours.
The funds will be released as soon as the payment is approved, and they should arrive in your PayPal account within a few minutes. You can then hold them on PayPal, or you can transfer them to your regular bank account for free. There will only be a fee if you use a debit or prepaid card to withdraw funds from PayPal to your bank account.
Read more: Fastest paying casinos
Pros and cons of using PayPal casinos
| Pros | Cons |
|---|---|
| PayPal is an instant, secure deposit method at all the leading online casinos in the county. | Setting up a PayPal account for the first time is a time-consuming process. |
| It is often the fastest withdrawal method at online casinos. | PayPal is highly secure, but its buyer and seller protection team has a reputation for being a little overzealous at times. |
| Casinos do not charge fees for PayPal deposits or withdrawals, and you can transfer funds to and from your bank account for free at PayPal. | PayPal has pretty broad payment limits, but high rollers may need to use an alternative method (like a wire transfer) for large payments. |
| Many players find PayPal more secure than cards, as it cuts out the need to enter your card number and security code on a web form. | PayPal is not FDIC-insured, so it is not advisable to leave funds in your wallet for a long period. |
Alternatives to PayPal online casino deposits
PayPal is one of the best payment options available to online casino players. However, some appealing alternatives can offer advantages over PayPal. These are the other main payment methods to consider.
Venmo
Venmo is a mobile payment service founded in 2009. It has been a subsidiary of PayPal since 2013 and has many similarities to PayPal. They both offer quick, secure payments and replace the need for cards and cash.
However, there are also some significant differences between them. Venmo is available only in the United States, whereas PayPal is a global payment provider. Moreover, PayPal focuses on business transactions, but Venmo was created to help friends and family members split bills and transfer funds to one another. Venmo can now be used for regular online payments, too, but it is not as widely accepted as PayPal at online casinos.
Online banking
This payment method is also similar to PayPal, as it allows you to make deposits and withdrawals at online casinos without providing card information. Instead of being redirected to the PayPal gateway, you will be redirected to your online banking site, where you can log in and confirm the transfer.
This process can be somewhat time-consuming at certain banks. In that case, players may prefer to use PayPal instead. However, some banks make it simple by supporting instant payouts. There are no fees, and the limits are often higher than at PayPal. If you want to make an even larger payment, you can opt for a wire transfer.
Credit or debit cards
Credit and debit cards are the most popular payment methods at online casinos. Visa and Mastercard are accepted at most casino sites, and you can often use Discover, too. Meanwhile, American Express is generally unavailable, but you can use it through PayPal if you like.
Credit cards cannot be used for withdrawals, and you may incur fees if your provider treats payments as cash advances. For those reasons, debit cards are often superior, as they draw funds from your checking account and can often be used for withdrawals. Alternative options include gift cards and prepaid cards.
PayPal online casino transactions FAQ
You can use PayPal at most leading online casinos in the United States, including BetMGM Casino, DraftKings, Golden Nugget, FanDuel, Caesars Palace Online Casino, and Bally Casino. PayPal can be used for instant deposits and is one of the quickest withdrawal options, too.
The minimum PayPal deposit accepted at most online casinos is $10. However, DraftKings Casino has a $5 minimum deposit.
You can withdraw up to $60,000 via PayPal at the best online casinos. That is a limit set by PayPal rather than the online casinos.
It is free to send and receive funds via PayPal. You will only need to pay fees when currency conversions are required, which is not an issue at US online casinos, or if you send payments to your bank account via debit or prepaid card. There is no cost to transfer funds directly from your PayPal account to your bank account.
PayPal is one of the safest payment methods available at online casinos. You do not need to enter card details on web forms when making payments, as you can simply log into your PayPal account to confirm the deposit, and your details will not be stored by the casino. PayPal has very robust security measures, including TLS connections, data encryption, and advanced fraud detection technology.
Open your PayPal account and click the “Activity” option on the navigation bar at the top of the page. You can set the start and end date for your search, and filters also allow you to narrow your search by transaction type.
More banking guides
If you would like to learn more about the main alternatives to PayPal at online casinos, check out these guides.
Venmo
Our Venmo guide discusses the merits of using this e-wallet as opposed to PayPal. It has lower payment limits, so it will not suit all players, but Venmo has a large and loyal customer base. It is only available at a handful of online casinos right now, but we explain where you can use it.
The Venmo deposit and withdrawal process is similar to PayPal’s. We will walk you through the steps required to transfer funds from Venmo to an online casino and how to use it for payouts if you win. You will also learn more about the security measures and payment speeds associated with Venmo.
Online banking
Online banking is another popular option among casino players. It is very similar to PayPal, as it negates the need to enter card details online, but it requires you to briefly leave the online casino and log into your account to authorize the transaction.
Our online banking guide explains how to use it for deposits and withdrawals at online casinos such as BetMGM. This guide also discusses how online banking differs from bank wire transfers and e-checks.
Prepaid cards
Prepaid cards are widely accepted at online casinos. For example, you can sign up for a DraftKings Play+ Card or a BetMGM Play+ Card. They rival providers like PayPal, as they also offer very quick transactions and make the payment process simple and convenient.
However, they do not draw funds from your bank account, so you need to preload them. You will also be charged fees when withdrawing from an ATM or sending an e-check to your bank account, as we explain in our in-depth Play+ prepaid cards guide.