Content:
- What’s PayPal and is it available at casinos?
- How to use PayPal?
- Why is PayPal the best payment solution for online gamblers?
- Are there fees for using PayPal for live gambling?
- How to play at PayPal live online casinos to benefit the maximum?
- To conclude
Players used to deposit with PayPal, and that was the best time for gamblers in Sweden. However, today PayPal is withdrawing from online casinos. But don't you get upset because there are still a few top live online casinos in Sweden that accept PayPal. Check them out below.
What’s PayPal and is it available at casinos?
PayPal is by far one of the top e-wallets in the world. It features high-security standards, quick transactions, and a convenient interface. Nowadays, PayPal comes not only in the form of an e-wallet but also physical cards and other convenient services.
For a long time, it was used for online casino gambling as one of the best payment solutions for players. But in 2019, casino players saw the worst “nightmare” in reality — PayPal was withdrawing from more and more casino sites until it became unavailable.
Currently, only a few providers of casino games and sports betting in Sweden can boast of accepting PayPal. Nevertheless, in some cases, you can face problems depositing with PayPal. For example, some casinos allow you to use it for betting but not for slots and live games.
How to use PayPal?
PayPal users are supposed to register with the service, create a new account, and verify their identity with the documents. Additionally, you need to link your credit or debit card to the account so that you can top up your PayPal balance for further transactions. PayPal also verifies your account by transferring a small sum of money from your bank card.
When all the procedures are made (which is quite quick), PayPal will remove all the restrictions from your account and you’ll be allowed to use PayPal for online games.
Now, if you want to make a live casino deposit using the best payment method, here’s how to:
- Go to the live online casino PayPal in Sweden that you chose from the list above.
- After registration, go to the deposit section.
- Find the payment methods drop-down list and choose PayPal.
- Enter the email address linked to your PayPal account.
- Enter the password to confirm the transaction.
That’s it! Deposit is made and you can freely use your money for live games or other gaming options. Withdrawals are also available for PayPal players. The process is practically the same with the exception that you need to do it at the withdrawal section.
Why is PayPal the best payment solution for online gamblers?
There are a lot of advantages to using PayPal. Let’s just look at them:
- Fast transactions. The best thing about PayPal is its speed. While most payment methods feature instant deposits but slow withdrawals, PayPal offers fast deposits and withdrawals as well. The process is quick too. As you can see, you only need your PayPal email address and password to confirm any transaction.
- Secure payments. PayPal is known for its high-end security technology and data protection. The company does everything to maximize the protection of your information and funds. It’s also good for players who don’t want their gambling transactions to be revealed on the bank statement.
- You don’t need to provide your banking details to the casino. So no one (including fraud) can lay hands on your bank credentials.
- Some online casinos release you from the verification step if you use such an e-wallet as PayPal. Mind that it’s individual and casinos have the right to ask you for documents at any suspicious moment.
Are there fees for using PayPal for live gambling?
Now, let’s talk about the drawbacks of using PayPal. Since it’s a commercial company, PayPal charges its users. The good thing is that most Swedish live online casinos don’t charge players for PayPal transactions.
But you can experience fees on the side of PayPal. For example, if you want to pay in a different currency (most casinos accept euros though), you will be charged a conversion fee. Also, you must pay a fee if the recipient (online casino) is registered on another continent.
Generally, the PayPal users that send money have to pay fees, not the recipients. However, when you cash out money from online casinos, you can also expect a fee of €0.35 + 1.9% of the amount.
How to play at PayPal live online casinos to benefit the maximum?
Of course, we can’t leave you without tips to help you maximize your gaming experience. When using PayPal, your experience is guaranteed to be the best. Anyway, here you’ll find a few tips:
- Set the limits. PayPal allows you to transfer money easily, and this is good and bad at the same time. You can quickly exceed your monthly limit and lose more money than you expected. So it’s best to manage your bankroll and always have a fixed limit for PayPal casino deposits.
- Claim bonuses! Bonus is what helps you prolong your gaming experience by maximizing your budget. Don’t miss out on the opportunity to wager for a little more in your favorite live games. Be careful when claiming bonuses, and always check if you can use them on live casino games.
- Choose the top-paying games. It’s important to know the payout rates of online games if you’re planning to win money. Pay attention to the RTP values and choose games with the highest RTP that guarantee to return most wagers in the long run. Among live casino games, top-paying ones are live blackjack, live baccarat, and of course, live poker tables. Live roulette titles can also be used with a smart strategy but roulette is more of a game of chance. As for live game shows, they work with random number generators and can’t be played with a strategy.
To conclude
No doubt, PayPal is the top payment method for Swedish gamblers. However, the problem is that just a few casino sites accept the e-wallet due to the company’s policy. On the other hand, only licensed and reliable gaming operators can offer players to deposit with PayPal. So you will not regret your choice if you pick a live online casino PayPal recommended on this page.
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