PayPal is one of the most common methods used by bettors to make deposits and withdrawals from all of their favorite online betting websites. As one of the most popular methods to carry out online financial transactions (It has over 200 million users all over the world and is available in more than 190 countries) it is readily available for hassle-free use.
At first, New Jersey online casino players were never allowed to use PayPal to process deposits or withdrawals. Using PayPal for any gambling activities was prohibited and gamblers who contravened these restrictions would typically be banned from using the well-liked service.
The situation didn’t change until other e-Wallets such as Skrill and Neteller started enabling online casino payments. E-wallet services quickly realized that there was a gap in the market, which led them to take maximum advantage of the demand for a well-organized and fast online payment service.
With increasing demand, PayPal soon removed the restrictions they had placed and started enabling gamblers to make use of the service for both deposits and withdrawals. So, if you are in the market for efficiency, PayPal is the right choice for you.
How exactly does PayPal work at online casinos in New Jersey?
Basically, PayPal acts as an intermediary between your favorite casino and your bank account. Although all the best New Jersey casinos work hard to provide a safe and secure gambling environment for their patrons, some NJ casinos may still very vulnerable to cyber-attacks. That’s why gamblers prefer not to hand over their credit or debit card details to online sites.
Thanks to PayPal however, players only have to submit their details once during the verification stages. After that, they can process as many transactions as they want from multiple gambling sites without issues.
Where can you find an online casino that accepts PayPal withdrawals in New Jersey?
The good news is that it’s not difficult to find gambling sites that accept PayPal withdrawals. The bad news? There are too many gambling sites. This means that if you are new, the chances of making mistakes are higher than you think. Virtually all New Jersey casinos support this method, including Borgata, BetMGM, PartyCasino, 888 Casino, William Hill, Caesars, SugarHouse Casino, Golden Nugget, Tropicana and Virgin Casino, 888 sportsbook, William Hill Sportsbook, DraftKings Sportsbook, Borgata Online Sportsbook, Hard Rock Sportsbook, BetMGM Sportsbook, PointsBet Sportsbook, FoxBet Sportsbook, and FanDuel Sportsbook
Not all PayPal casinos are worth signing up for. Not only can they be a haven for cyberattacks, but some are also notorious scammers intent on making you part with every cent you have. So, which are the best PayPal gambling websites? Here are a few points you should consider before trying out a new PayPal casino:
- Look for bonuses and promotions
You want to stick with online PayPal casinos that will give you good bonuses and promotions as incentives to keep betting with them. Before you sign up, first check whether any deposits made through PayPal can qualify for bonuses. You also need to pay close attention to the wagering requirements and the bonus validity period.
If a casino is asking for anything above $40, that may be on the higher side. Just remember to go through the terms and conditions page, even though you might be tempted to skim or skip over them before you make any major moves.
- Look for a varied collection of games
The best PayPal casinos are those that can give you a wide array of games and offerings to play. The casino business is all about entertainment. So, if you don’t feel entertained by the games your PayPal casino is offering, it might be a good idea to go elsewhere.
At the very least, your casino should have more than 200 video slots, live games, tables, and card games. Do some homework to make sure all games are powered by well-known brands such as Microgaming, NetEnt, Play N GO, iSoftBet, and likes.
- Safety
A good PayPal casino should be outfitted with the latest encryption software so that your personal and financial data are always safe. The best New Jersey casinos use the same technology that is used by banks.
- Customer support
Only sign up for an online PayPal casino that has a responsive customer support team. You should be able to get in touch with your support team whenever you want, 24/7, through email, live chat, or a phone call.
- Device compatibility
If you love to gamble on the go, you need to make sure your device is compatible with your chosen New Jersey online casino. If the PayPal casino has a mobile app, even better.
How to withdraw your winnings from a PayPal casino
Follow these steps to start enjoying your NJ casino winnings in no time. It’s as easy as 1-2-3.
- Make your way to the cashier
Once you verify that you can indeed withdraw from your available balance, make your way to the cashier section and select the PaPal option to withdraw. Be sure that you have met all wagering requirements before you attempt to cash out! If any ID documents need to be submitted, make sure that you have them ready.
- Select the withdrawal amount
Select PayPal for your withdrawal choice and feed in the amount that you want to withdraw. It should fall between the minimum and maximum amount that should be withdrawn in a single session.
- Take note of the processing period
You might have to wait for a short while before the money is reflected in your account. The waiting period will depend on the New Jersey casino’s processing time as well as the time it takes to clear PayPal, which is typically instantaneous.
- Have fun spending your money
Once the amount appears in your PayPal account, you can opt to leave it there, shop online, or transfer it to your bank account; the choice is entirely yours.
Advantages of PayPal withdrawals for New Jersey Online Casinos and Sportsbooks
Assured safety and security at all times
When withdrawing your winnings via PayPal, you can be assured that the NJ casino has taken measures to keep your security and safety in check. The best New Jersey casinos will ensure that certain measures such as fraud and buyer protection are in place.
PayPal doesn’t work with blacklisted casinos or those with a poor reputation (and frankly neither do we!). Even if somehow a rotten apple manages to offer PayPal withdrawal, it won’t be able to maintain the partnership for long due to dodgy behavior.
PayPal’s account protection feature will keep you protected from unauthorized purchases as well as identity theft in the event that someone illegally accesses your account. PayPal may be a pioneer in the e-Wallet games, but it still ranks highly even though there are some newer players worth considering.
No exposure of your card details
PayPal is such a powerful withdrawal method because it allows you to access your cash without exposing your important banking details. You never have to feel pressured about exposing your bank or card details with a New Jersey casino that accepts PayPal; There is no trail leading to your banking statements.
You will be hard-pressed to find another withdrawal method as speedy and convenient as PayPal. Withdrawals take less than 24 hours to reflect in your account, which is great news for anyone who needs to quickly access their funds.
World-class reputation
PayPal is one of the most secure withdrawal methods available. It has a great reputation among online shoppers and gamblers alike and it is very easy to see why. Not only is it super simple to use but it is also safe.
Disadvantages of PayPal withdrawals for New Jersey Online Casinos and Sportsbooks
It is not always compatible
PayPal is compatible with several gambling transactions all across the EU. The case is, however, a little different for American and Australian bettors. The situation isn’t all bleak, though; the number of American betting and gambling websites that offer PayPal withdrawals is slowly increasing.
Some gambling activities are prohibited
PayPal only allows you to complete transactions like withdrawals from approved New Jersey gambling casinos in jurisdictions where gambling is allowed. Unfortunately, this often means that players from the US are unable to use PayPal for their gambling accounts.
It is pricey
Although the convenience offered by PayPal cannot be beaten, it has some of the highest transaction fees around which could be a big turn off for someone who wants to save funds. Customer support can also be hard to reach, which is worth noting if you think you will ever be in need of assistance.
Final Thoughts
PayPal is definitely ranked high as one of the most popular payment methods to use in day-to-day life. People use PayPal for all sorts of services and purchases from paying bills to buying merchandise online. For gamblers, PayPal offers an efficient and straightforward way to make deposits and withdrawals of NJ casino winnings.
PayPal is a fantastic withdrawal option that is slowly becoming more available for the top-recommended NJ casinos and sportsbooks. It is an especially great choice because it offers punters an extra layer of protection between gamblers and their credit card or bank details and any other casinos used.
That may not seem like a big deal, but it really is. This extra layer of protection does go a long way in giving you the peace of mind needed to safely complete transactions. If you do succeed in finding a good NJ casino that offers PayPal withdrawals, then consider yourself in great hands.