PayPal is one of the most popular online payment methods out there. And calling it popular is somewhat of an understatement. It's a service used by over 200 million people across the globe after all. With this in mind, the brand has built up substantial trust over the years.
Recently, the e-wallet has become popular with a slew of legit online casinos. With PayPal on board, players can make lightning-fast deposits and experience speedy withdrawals. All of this in an easy to use - and secure package.
More importantly, the inclusion of PayPal on a site is now used as a kind of trust factor. Many brands will now proudly display that they offer this depositing method. But this does raise an interesting question.
Does PayPal availability automatically make the casino legit? Or are there much better trust factors to look out for? Let's dive in and take a look.
Online Casino + PayPal = Legit?
If PayPal is in the lineup of casino payment options, then you can certainly join the site with peace of mind. The fact is that the firm is very careful with who they partner with. And this is somewhat due to their history.
In 2003, PayPal was judged to be accepting illegal gambling payments for American casinos. They were slapped with a $10 million fine - which marred the good news that they were joining eBay in the same year.
This series of events lead them to withdraw all activity from the US gambling market. And more importantly, restricting partnerships with any online casino related partners.
It's wasn't until 2010 that PayPal decided to once again offer gambling payment solutions. But this came with a new stricter stance. The firm would only partner with licensed casinos in heavily regulated territories.
In a way, this removes the question that all serious gamblers should ask when joining a new online casino: is it safe to play at this site? If PayPal is present - that means they have already vetted the site in some way.
In summary, PayPal Casinos
already have a big tick box next to their name. The online payment provider is extremely choosy with who they deal with. And that means it's one of the best trust factors out there.
Trust Factors at Legit Online Casinos
Of course, PayPal isn't the only indication that a site is legitimate. There are actually a number of different factors that you can look out for. Some of which we even cover in our comprehensive casino reviews.
Regulation - PayPal Casinos are usually heavily regulated. And the firm does not operate in jurisdictions without tight rules. If a site has PayPal available, then you can be sure that the brand will be licensed and regulated in some way.
Customer Reviews - User-generated review sites are a great resource for discovering the legitimacy of an online casino. While the site might be regulated, it could boast poor service, slow withdrawal times and other grievances.
Partnered with top software
- PayPal isn't the only big brand name that adds that all important trust factor. Big software names like NetEnt
and Evolution are also a positive sign. These are world-class providers who only want to align with the very best.
Responsible gambling - If a site is concerned with the well being of players and their gambling habits, then this is a good sign. Banners about safe gaming should be noted as a valuable trust factor.
Do USA casinos now accept PayPal?
Despite their unfortunate history in America, PayPal is now accepted in a variety of states. And it's one of the better options for players who seek that all important convenience. That's because making deposits by debit or credit card in the states is very hit and miss.
While online gambling is legal in states like New Jersey, banks are still nervous about handling casino payments. It's one of the reasons that debit and credit card boasts one of the highest payment rejection rates in NJ. Many online casinos in the Garden State actually dissuade from using it.
Thanks to PayPal, New Jersey players can now enjoy all the perks of this method at sites like Golden Nugget Casino
Legit Online Casino PayPal List
Finding PayPal casinos worth your time on the web can be a frustrating experience. First of all, you have to wade through a mountain of casinos just to find the ones with this payment method. Then there's the gamble if you are actually joining a quality site or not.
Our free casino reviews help remove some of the gamble from the selection experience. We compare and rate the best sites for your approval. All you have to do is pick the best and get playing. Alternatively, take a look at our list of PayPal casinos below.