Is PayPal the Ideal Way to Play Online Poker?
PayPal in a Nutshell
While there are plenty of younger competitors on the market, PayPal is still the world’s most famous online payment brand. Its roots go right back to the dawn of the internet age in the 1990s, when it was founded by a group of soon-to-be-famous tech pioneers, including Elon Musk.
The company was later acquired by eBay, helping to further popularise it as a way to purchase items and services online. Its global reach now extends to more than 200 countries, and at the time of writing, there are more than 400 million PayPal users around the world. Being a secure, universally accepted payment option has also made PayPal particularly popular with fans of gambling sites.
|Company Name:||PayPal Holdings Inc.|
|Currencies Supported:||AUD, BRL, CAD, CHF, CZK, EUR, GBP, HKD, HUF, JPY, kr., MXN, NOK, NZD, PLN, RUB, SEK, SGD, THB, TRY, USD|
How We Choose PayPal Poker Sites
There are a number of factors we look for when reviewing and recommending poker sites that accept PayPal. These include:
- A valid licence from the UK Gambling Commission
- A smart, user friendly interface
- Good mobile optimisation, ideally including a downloadable app
- Access to a good range of poker rooms and tournaments
- Generous bonuses with no restrictions for users making PayPal deposits
- Generous loyalty scheme
- Clear, player-friendly terms and conditions
- Proactive customer service
- Fast PayPal deposits and withdrawals
The Best Paypal Poker Sites
Here are just some of the PayPal poker sites that have particularly impressed the industry experts here at Compare.bet.
Paddy Power Poker
There are a lot of poker rooms available at Paddy Power, with buy-ins to suit the budgets of pretty much all poker players. As a new customer, you’ll be able to grab a £40 bonus made up of tournament tokens and slots credits, along with entry to a £1,000 freeroll tournament. To access the offer you’ll need to play £20 worth of tournaments or Sit and Gos – that won’t be hard, considering the rich array of Hold’em and Omaha tournaments available. An added perk is the fact that PayPal withdrawals from Paddy Power Poker can be with you in as little as four hours.
As a long-established name in online poker, this site certainly ticks the welcome bonus boxes. Not only does a minimum deposit of just £10 qualify you for a 100% up to £400 matched deposit, but you’ll also get £40 in free tickets for multi-table tournaments and fast-paced, three-handed Sit and Gos. If you love Omaha, you’ll be in your element at PartyPoker, thanks to its plethora of daily events for this poker variation, including Pot Limit Omaha. There’s also an appealing reward programme that gives you 40% cashback every week if you’ve generated sufficient points.
Grosvenor calls itself the home of UK poker, which is quite the claim. But this is a site that lives up to expectations. After using PayPal or any other payment method to fund your poker account, you’ll be able to enter daily satellite tournaments that can pave the way for some of the biggest poker events around, such as the 25/25 Series and GUKPT. The ongoing deals deserve plaudits for innovation – you can expect an ever-evolving range of themed promotions, such as a ‘Poker Advent Calendar’ which can let you win tournament tickets, not to mention a rake race with prizes paid out to the leading poker players twice a month.
Undoubtedly an A-lister among PayPal poker sites, PokerStars greets newbies with £40 in free play credits if you make a minimum £10 deposit. There are more events than you can shake a stick at here, including low buy-in satellites, fast-paced turbo poker rooms, and the famous Sunday Million, which is billed as the world’s biggest weekly poker tournament. What’s more, using PayPal means you won’t have to wait very long for payouts as these are processed within minutes.
Depositing and Withdrawing with Poker Sites That Accept PayPal
We’ve compiled a list of reputable, trustworthy and licensed PayPal poker sites. All you need to do is compare and pick one that matches your needs. So, whether you’re after a huge welcome bonus or the best live dealer poker tables, we’ve got you covered. All sites recommended by us are licensed and regulated to operate in the UK, so you can be sure they are a great option when it comes to PayPal poker.
Once you’ve picked out a favourite place to play PayPal poker, simply follow our link to sign up and potentially become eligible for your exclusive welcome bonus. All that’s required is a few personal details, so you should be done within minutes. If you’ve opted for a no deposit bonus offer, you’ll usually receive your poker bonus immediately after your account is created.
Haven’t signed up with PayPal already? Registering an account is quick and easy. Just head over to PayPal’s site and provide your name, address, phone number, and email address. You’ll then need to link a bank account or a debit card (such as a Visa or Mastercard) to your account before you can use PayPal to make payments.
With your online poker and PayPal accounts set up and ready to go, your next step is to make a deposit. Head to the cashier page of your chosen online poker site and follow the on-screen instructions, choosing PayPal as your payment method. If you’re a new player, you can expect to receive your welcome bonus almost instantly.
PayPal is a more or less immediate poker deposit method, so you should have your bankroll set in no time. You’ll then be able to take your pick from a number of free and real money poker rooms. Pretty much every top poker brand features a game of Texas Hold’em, but you can expect to find other variations such as Omaha and 7-card stud too.
Deposit & Withdrawal Limits
PayPal poker is a great option for casual players and high rollers alike. That’s because the minimum deposit limit is typically very low – often between £5 to £10 – while the maximum allowable deposit is often a lot more generous than other payment methods. To take an example, PartyPoker has a £10,000 maximum deposit limit for PayPal transfers, compared to the much tighter £750 cap it places on Paysafecard deposits. High rollers should also be in their element because poker sites accepting PayPal often allow large cashouts through the platform.
Claim a Bonus with Your PayPal Poker Deposit
Keep your eyes peeled when joining a poker site, as there’s always the slim chance that PayPal deposits won’t qualify for welcome bonuses. This isn’t that common – when such exemptions are made, they usually apply to e-wallets such as Skrill and Neteller rather than PayPal. Saying that however, it’s always a good idea to read the small print if your heart is set on using PayPal.
Speaking of welcome bonuses, there are various different types on offer at online poker sites accepting PayPal. You can also enjoy the generous ongoing promotions that are designed to keep existing customers coming back for more. Here are some of the bonuses and promos you’ll find at most sites.
- Matched deposit bonuses, where the operator gives you bonus credits equal to a percentage of your first deposit up to a maximum cap (for example, a bonus of “100% up to £100” means that depositing £50 will get you another £50 in bonus credits)
- Free play, where you’re gifted a number of tournament tickets and credits over a given number of days
- Rakeback, sometimes called cashback, which rewards poker players for gathering loyalty points by giving back a percentage of the rake (that’s the commission the casino site takes from poker games)
- Other promotions, such as boosted prize pools for tournaments, daily mystery gifts like tournament tickets, and the potential to win free entry to main event tournaments
Read the Fine Print
Whenever you receive bonus credits, check the terms and conditions. There will probably be some important restrictions to be aware of at poker sites accepting PayPal, including:
- Wagering requirements, which refer to the number of times you’ll have to bet the bonus credits before you’re able to cash out any winnings made from the bonus
- Time limits by which you’ll have to make use of free play tickets, bet bonus credits or fulfil your wagering requirements
- Maximum limits on how much you’re able to win using bonus credits
Play Poker on the Go with a Mobile PayPal Poker Site
Virtually all poker sites that accept PayPal will be fully optimised for use on your mobile device, whether it runs on an iOS or Android operating system. But that’s not all. Some well-known brands such as PokerStars also offer native apps for downloading onto your device. Unlike web browser apps, these do take up a bit of storage space on your phone. But it’s worth it, as you’ll be able to play PayPal poker directly through the app, rather than opening the browser. Plus, you have the option of receiving push notifications that keep you updated on the latest bonuses and special offers.
Try Out a New Poker Site
There are quite a few online sites offering PayPal poker these days, but new ones also continue to crop up. We keep up with the latest developments and assess how good they are. This way, we can recommend any new online poker sites that accept PayPal and offer fresh, exciting experiences for poker buffs.
Want to use an alternative banking method to PayPal, but would prefer to avoid making bank transfers or debit card payments to casino sites? No problem. The majority of online casinos and poker rooms online accept a range of other options, including:
How to Stay Safe when Playing Poker with PayPal
As you might expect from a globally renowned brand like PayPal, it has state-of-the-art security protocols in place for its millions of users. Transactions are monitored and signs of fraud are detected quickly. That said, it pays to be savvy whenever dealing with money online. Here are some things to keep in mind for your own security.
Keep an Eye on Your Emails
When you make a PayPal transaction, you’ll receive an email confirming it’s happened. So, if you receive an email for a payment you didn’t make, contact PayPal straight away.
Two-factor authentication, also known as 2FA, provides you with an additional layer of protection from online fraud. PayPal has exactly this sort of system in place with its Security Key. It means that as well as having to enter your password to access your account, you’ll also be required to input a temporary code sent to you by SMS.
Beware of Phishing
If you ever receive an email or text claiming to be from PayPal and asking for your password, don’t reply and don’t open any attachments. You can be sure these are phishing messages sent out to steal sensitive account details.
Play at Licensed Sites
The golden rule with gambling sites is to stick strictly to sites licensed and regulated by the UK Gambling Commission. This guarantees the site has the proper security measures in place to keep members safe. At Compare.bet, we will only ever review and recommend gambling sites – including poker sites accepting PayPal – which have the regulatory body’s stamp of approval.
Block Gambling Transactions
If you struggle with problem gambling, then taking some time away from online poker sites can be a great way to stay safe when playing online. You can do this by blocking your PayPal account from making gambling transactions, which you can enable by getting in touch with PayPal directly. This is similar to the actions taken by individual banks which also allow players to block gambling transactions from being made using their personal account.
Ready to Play at a PayPal Poker Site?
Has all of this got you interested in a round of Texas Hold’em, Omaha High or any other kind of poker? Great! Just check out our list of the best sites that accept PayPal, compare the bonuses on offer and follow the link to sign up whenever you like!
Can I link my credit card to my PayPal account?
Yes, you can. However, credit card gambling is banned in the UK, so you can’t deposit with your credit card via PayPal at online poker sites.
Is my money safe with PayPal?
You can rest assured knowing your money is safe with PayPal. It is one of the most trusted names in the business and it’s been protecting customer’s funds for over 20 years. PayPal offers buyer protection, fraud protection and all transactions are encrypted using industry-standard encryption technology.
What are the deposit and withdrawal limits using PayPal?
£10 is the most common minimum deposit and withdrawal limit, yet some PayPal poker sites may say £20. As for the maximum, this tends to vary depending on your chosen poker site, although as a guide £5,500 is the limit available at William Hill Poker.
If my debit card is attached to my PayPal, will these details be shared with the poker sites?
Absolutely not. One of the main reasons why PayPal is so widely used is that you don’t need to share any financial information with the merchant (in this instance your poker site). Your details are held by PayPal, which has a trusted and proven history, but they go no further. This makes it a very secure system to use for online payments.
Is my credit history checked when opening a PayPal account?
No, it isn’t. You are not borrowing or using any money from PayPal so there is no reason for a credit check to take place. If you link a bank account, then PayPal is simply drawing funds from your own account. If you don’t have sufficient funds in your account, the payment will not go through.
Can I use PayPal on my mobile device?
Yes. The PayPal mobile application is available for Android and Apple devices. This means you can deposit and withdraw anywhere and at any time. The app is very easy to use and with PayPal’s excellent security features, it’s also very safe.
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