Where to Play Online Poker with PayPal
Since its establishment in 1998, PayPal has evolved into the world’s biggest and most recognizable e-wallet payment scheme. Serving over 180 million people worldwide, this convenient money transfer service have found their use in a number of markets – and the world of online gambling is no exception.
To be exact, PayPal got into the online betting market in 2009, starting off with a limited list of operators. After additional licensing and legal motions, many other real money sites decided to team up with this company, helping dissolve uncertainties and establishing this service as a trusted method for money movement in online real money gaming. Joining the top ranks alongside the commonplace credit and debit card payments, this transaction method offers several fantastic benefits that give it a clear edge over some more traditional tendencies. Stick around for our top-rated PayPal gaming sites and get all the info you need to decide where to take your real money entertainment.
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One of the major online poker operators offering PayPal-based money transfer services is 888 Poker – a site with a fantastic rating that provides not only an excellent choice in the most modern online rooms, but one that also has a great track record in the security and handling of sensitive data. You can use this method here to both deposit and withdraw money with convenience and absolute ease – the transactions are quick, there are no processing fees involved, and, since your financial details are not exposed, you are safer than ever from fraud and mishandling of personal information. Depositing is as easy as with any other types of transactions – just select PayPal and proceed through the following steps. In order to withdraw with this method, you must have deposited with PayPal in the past, and the minimum amount you can take out is £10.
If you choose to make a deposit as a new member, you will also get a generous 100% cashback match on your initial funds, up to a maximum of $400 (although this offer is not tied specifically to PayPal deposits). To put money into your user account, enter the ‘Deposit’ screen from the main lobby, and choose PayPal from the list of available options. A £20 no-deposit reward is also up for grabs!
Benefits of Using This Method of Payment
Despite the longevity of schemes such as credit or bank card-based transfer of funds, there are many upsides to using PayPal in real money poker online – it is, after all, one of the most used electronic wallet options out there, so the popularity certainly must speak for something.
First of all, using PayPal at many operator sites is instant and free! There are no setup or account maintenance fees, and, although transaction fees exist, they are only applied in case your deposit or withdrawal needs a currency conversion. Moving money to and from your existing balance is therefore the easiest and quickest, with no processing fees. Moreover, you can fund your account from a debit or credit card or directly from your bank account, which means you can deposit flexibly. In terms of speed, these transfers are much quicker than some other forms of transactions – with movements being reflected in your account instantly. Here’s a quick rundown of the biggest pluses of this payment method:
- Security – Certified data privacy
- Customer guarantee – Additional protection from faulty transfers
- Quick processing – Deposits are made within minutes
- Flexibility – Cross-currency transactions and flexible sourcing
- Fraud protection – Committed to anti-phishing protection
When it comes to online poker and real money casino games, another clear advantage is often the possibility to move money both ways – for both deposits and withdrawals. So once you are ready to cash out those chips, it might be easier than ever – but make sure to double check if your site of choice does in fact offer this option. To top it off, this payment method also makes life easier for those of us who enjoy online gambling on the go – PayPal is mobile-optimised and thus easy to use with many online poker apps out there – although the availability of this payment method is something to double check before you sign up with a particular site.
Other Online Hosts that Support PayPal
There are several other reputable sites where using PayPal is a breeze. We’d like to recommend you two of those sites and give you a brief overview of their deposit and withdrawal services.
William Hill Poker
Being one of the biggest and oldest operators, William Hill was also one of the first sites to offer PayPal payments. This operator is definitely worth looking into if you’re interested in receiving a hefty welcome package – in this case going up to £1200 in first deposit bonuses as a new member. Deposits are immediate, and withdrawals are possible with a £5 minimum and a £5,500 maximum.
PokerStars has also been on our radar as not only an overall excellent poker site, but a fantastic PayPal partner. Deposits are made through the PokerStars Cashier, and you can also cash out this way if you have used this payment method in the previous 12 months. As far as the perks go, you can get a £20 worth of chips for a deposit of £10, or a 100% match on your first deposit up to £400!
Account Funding and Security Mechanisms
As we previously mentioned, a huge part of PayPal’s status as one of the most popular and trusted online payment method are the security and safety measures implemented in order to enable the most convenient use and reliability for their private customers, as well as appropriate support and supervision for the business clients that use this service. You can enjoy complete identity protection as well as safe handling of sensitive data, and you are not at risk of third-party sharing. Continuous developments and improvements in security monitoring and restricted eligibility to properly-licensed UK casinos can thus boost your confidence.
In addition to excellent data protection and privacy, you have added flexibility in funding your account. Apart from credit or debit card, you can source your account funds directly through your UK bank account (although fees may apply if you source through a credit account). Setting up as well as running the account is completely free, and all incoming or outgoing transactions are reflected on your balance, which you may choose to transfer back to your source account or keep for further future transactions. In case of faulty transactions or any other issues, PayPal’s customer support will be readily available for any queries.
Even though exceptions do exits, most gambling operators charge no service fees if you use your existing PayPal balance to make a deposit or withdrawal. In some cases, fees do apply – namely as regards transnational transfers or currency conversion. Nevertheless, do not forget that sourcing your PayPal balance from a credit card might incur some fees. For more info on that, check out our breakdown of charges.
PayPal Poker Deposits – Free from Special Bonuses
Despite the sea of welcome and loyalty offers at various poker rooms, you will unfortunately rarely find bonuses that specifically target players using this particular deposit method. The story is, however, different when it comes to real money casinos – several major sites do in fact offer a little extra to PayPal customers, so feel free to explore those options if you also happen to be a fan of card, table and slot games!