It’s not uncommon for online casinos to offer fewer withdrawal options compared to their deposit methods. So, don’t panic if Paypal is not one of the site’s available selections. To reiterate, we recommend using Bitcoin for deposits and withdrawals because it can take as little as 15 minutes to hit your account once your request is processed.
Here are the typical steps you can expect to encounter when withdrawing from a casino site using Paypal:
Request a Withdrawal
OK, you’re up a couple thousand dollars and are ready to cash out some of those winnings. First, make your way to the casino withdrawal page or cashier as it’s often referred. Choose the amount you want to withdrawal and select Paypal as your option.
The casino will need to confirm your identity before processing this request. In some cases, casinos require a four-digit authentication pin code to process withdrawals. You provide this during account registration. The more common practice is asking for some indentification like an electric bill and/or your personal ID.
Process Withdrawal and Receive Funds
How long it will take for the casino to process your request varies from site to site, but typically within 48 hours. Funds would then be transferred a few more business days after that as the money clears. If you ever run into any issues during this process, be sure to reach out to the site’s customer support team for assistance.
Using Paypal for Online Gambling: Safety and Security
As we’ve noted, when you can find a Paypal-eligible casino, you should jump at the chance to take advantage of the deposit option. Paypal is well-known for being an industry leader in efforts to provide secure online payment options.
The casino sites we recommend are reviewed for safety and security and have all been verified to check those boxes. They use state-of-the-art SSL encryption methods to keep your personal and financial information hidden from would-be hackers. To confirm your casino is SSL encrypted, be sure to find the little padlock icon near your address bar.
Even if your deposit attempt is declined, do not worry about lost funds or legal consequences. You’re fine.