In the past, placing bets and staking your claim was done with cold-hard cash. However, as our institutions have continued to evolve, so have our preferred payment methods – and it’s now possible to take to the gambling cosmos with a variety of different payment options.
The rise of the internet has bestowed upon us innovative, and convenient, payment solutions, all of which are well-equipped to simplify the management of your betting accounts. Of all of the stars in the payment method sky, perhaps the most prominent of these is PayPal; a widely-accepted, and much-trusted, ewallet service that shines particularly brightly. However, is it possible to use PayPal when betting online in Canada? We’ve made it our mission to find out.
Unfortunately, we have to start our PayPal mission with bad news – PayPal is not currently an accepted payment method at bookmakers in Canada. There are several reasons for this, but the rule is absolute: if you’re going to bet at an online bookmaker in Canada, then you’re going to need to use another method of payment.
The exclusion of PayPal is undoubtedly a blow, especially for those who are already accustomed to using the service to shop online. It would be ideal if you could simply transfer your existing account usage over to your betting experience but, alas, it’s just not possible. Nevertheless, we’re optimists here at PlayersBest.com, so we’re going to take a look at what PayPal could offer to bettors in Canada if the service becomes available for betting purposes at some point in the future.
PayPal’s existence has been minute in relation to that of the universe. However, in a quarter of a century, it has left an incredible mark on how people make online payments. PayPal was started in 1998 by three co-founders. The company was formerly known as Confinity. This company actually developed software for devices such as mobile telephones. After realizing that the shared vision wasn’t working out, the founders switched to focusing on an e-wallet service. Over the years, PayPal has undergone various transformations. But, the core belief of providing a secure payment solution has endured. Today, PayPal operates in over 200 markets with more than 300 million active accounts.
PayPal’s growth and prominence is seemingly exponential, due in no small part to the service’s ability to provide a fast and convenient way of transferring funds. Thus, it can only be hoped that one day, online bookmakers will be able to adopt the service for use on their sites.
If PayPal does become available for bettors in Canada, there are a number of highlights to look forward to. An electronic wallet allows you to store and send money as you please. PayPal has gone to immense measures to ensure that the platform is safe and secure. The added convenience of using PayPal for sports betting purposes means that it is accepted across the gambling galaxy. You needn’t worry about stopping off at a betting planet only to find you can’t refuel with PayPal. Although this is the case for certain betting providers, PlayersBest.com will always point this out beforehand.
In the future, we will compile a full PayPal bookmaker comparison to highlight all of the sites that accept this payment method – should it ever become available to bettors in Canada.
In a galaxy far, far away, when PayPal has become a viable payment method for online betting in Canada, you will first need to create a valid account with the service before you can use it at your chosen bookmaker. Thankfully, the process of registration is rather simple and doesn’t take too long. You will need a registered bank account in order to open a PayPal account. You can use your bank account details or your debit/credit card. Once you have linked your bank account to PayPal, you’ll be able to transfer funds. Depositing funds into your PayPal account will allow you to send money across the entire cosmos. Domestic bank accounts can be very restrictive. PayPal has managed to breach this black hole. In addition to sending money, you’ll also be able to receive money from entities. Remember, you must fund your PayPal account with real money from your bank account. If you are expecting someone to pay you, then it’s not necessary to fund your account. The most common way of funding a PayPal account is by using your debit or credit card.
This is just as simple, if not more. Once you have a valid PayPal account, you can link it to your favourite betting provider should this option ever become available to those in Canada. This way, you’ll be able to deposit and withdraw funds via PayPal. The following steps outline how to fund your online betting account.
One of the great characteristics of e-wallets such as PayPal, is that payments are quick. Using other payment methods might cause you to wait a couple of earthly hours or even days! Not with PayPal, which perhaps explains why bettors in Canada will likely welcome the news – should it come – that the service is available for use on betting sites in the future.
Depositing funds from your PayPal account to a gambling account should, if using the service for this purpose in the future, be very straightforward. Once you have decided on how much you would like to deposit, you follow the steps outlined above. For online operators that accept PayPal, your deposit should reflect immediately. Thus, you won’t have to wait around while floating around space. You can stay in the thick of the action. If you’re ever running low on fuel, top up with PayPal immediately.
Withdrawals tend to take slightly longer than deposits. However, withdrawal times are not always related to the payment method itself – it also depends on the individual bookmaker. Online gambling providers will require you to submit additional documentation prior to the funds being released, which is a fairly standard practice. Once your chosen provider has processed your request, PayPal should remove funds instantly, so you won’t have to wait too long – you’ll just need to ask your betting provider how long it will take for a request to be fully processed to get a full idea of withdrawal times should PayPal become available.
Is PayPal really that good? Aren’t there other superior celestial payment providers? Well, the short and long of it is that it depends. When looking at certain aspects, PayPal is right up there with the best. In terms of security and efficiency, PayPal is one of the best payment providers in the cosmos. You can rest assured that your funds are safe and protected from third-party entities. You can easily log in and check your balance without having to go through a drawn-out process. Using an e-wallet such as PayPal also allows you to manage your funds with great budgetary oversight. When it comes to being successful in the gambling galaxy, managing your bankroll is key. By looking at these two aspects, it’s clear that PayPal is holding its own.
The downside, of course, is that PayPal is not currently available in Canada, which is why you will need to use a different payment method. There are a number of options to consider in this regard, ranging from debit cards to other ewallets, so you should be able to find an option that suits you.
In terms of sheer convenience, it can be that PayPal plays second fiddle to bank cards. The most popular payment method continues to be your debit or credit card. This doesn’t mean that you shouldn’t use PayPal.
When it comes to launching yourself into orbit, you’ll want to feel safe and secure. PayPal will definitely provide you with a sense of security. Imagine floating around in space untethered. Not the most comforting prospect. This is why PayPal is a great ace up your sleeve. Having PayPal as an option to use can never be underestimated.
In terms of privacy, PayPal is leading the way for payment solutions. We’ve outlined the fact that PayPal is very secure and safe. The fact that your privacy is protected is another benefit of using PayPal. The world of online gambling is regulated. However, this doesn’t mean that there aren’t risks involved when making online payments. As you are well aware of, online card details can be stolen rather quickly. Using PayPal for betting provides you with an added layer of security. The best online betting providers are well in-tune with what it takes to ensure secure platforms. Thus, using PayPal will definitely launch you into the safest part of the gambling universe – should you ever be able to use this method when betting in Canada, of course.
If you’re a sports punter at heart, you’ll be eager to know if the best sports betting providers accept PayPal. The short answer is, no. Unfortunately, PayPal is not available as a payment method at any Canadian bookmaker; a disappointment, and one that can hopefully be resolved in the future, but an undeniable fact at this point in time.
Should PayPal ever become available at bookmakers in Canada, using the service to fund your sports betting account is quick and easy. One of the biggest reasons to use PayPal to fund your sports account is the sheer speed with which your account is credited. This will allow you to take advantage of the latest bets and best odds. In-play betting requires poise and quick responses. You surely don’t want to miss out on a favourable bet because your account isn’t funded. Using PayPal will allow you to top up on the go and maximize your betting opportunities.
Using PayPal to fund your online casino account is another great option should it ever become available. Hopefully one day, the best casinos will allow you to use PayPal as your preferred payment method. With PayPal available, you’ll be able to top up your account and play your favourite casino games without pause. What we’ve found is that many punters prefer to use PayPal or a similar e-wallet when funding a casino account, so fingers crossed these benefits can one day be enjoyed by those wanting to use PayPal accounts in Canada to fund their betting.
The mere speed of PayPal deposits allows you to stay at your favourite table with ease, so it’s understandable why so many punters are keen for this option to become available. You won’t have to up-and-go because of long waiting times. PayPal will keep you in the action. This is also true for other exciting casino and live casino games.
As we have discussed, it is not currently possible to use PayPal to fund betting activities in Canada – which is a real shame.
However, the fact that bookmakers don’t accept PayPal does not mean that high-quality operators should be dismissed and forgot. Figuring out what works for you from the available options will lead to the best possible gambling experience. There are many great bookmakers and a host of online payment methods, so while PayPal isn’t available, that doesn’t mean the end of your interstellar betting journey – it just means you might need to make a few amendments to your payment method preferences.
As you will have come to realize by now, PayPal is currently not available for use by bettors in Canada. We are sure that this will change over time, but for now, it is best to look for alternative payment options. Canadian bookmakers accept a range of reliable payment options. Below, we’ll outline which are available to you.
Using a bank card to fund your online betting account is one of the longest-standing options. Be it a Visa or Mastercard bank card, you’ll be able to make deposits and withdrawals. If you have a bank card in your name, you’ll be able to refuel your betting account in no time. It’s as simple as logging into your personal betting account and entering in your card details. Once you have approved the transaction, your deposit should clear immediately. However, it is important to keep in mind that certain banks do not facilitate online betting payments. Thus, you’ll need to double-check with your respective bank as to their current practices.
If you prefer using your mobile banking app, then it’s possible to ETF funds to and from your betting account. It’s a super convenient method and once you have added your betting account to your payments list, all you need to do is choose the amount you wish to transfer for future payments. As is the case with certain online bookmakers, some will only allow you to withdraw using this option. A handy tip in this case – using a prepaid card to deposit funds and withdrawing via bank wire is a popular practice. You cannot withdraw using prepaid cards so these two methods go hand in hand on occasion.
As a Canadian, you’ll be well acquainted with the aforementioned payment solutions. If your bank doesn’t allow you to make direct payments using your card or you do not wish to open an e-wallet account, then we’ve got you covered. Jetting across the solar system isn’t possible without an efficient payment option – which should be readily available. Using INSTADEBIT, iDebit, or Interac will allow you to fund your betting account via your actual bank balance. You will not be using your bank card, nor will you be making a bank transfer. However, all of these options will allow you to make deposits at the drop of a hat. All three options are great mediums that facilitate online payments with speed and utmost security.
Yes, it’s true that PayPal isn’t accepted by online gambling providers in Canada. But, this doesn’t mean you can’t use a number of alternative e-wallets to fund your gambling adventures. If you’ve ever heard of – or used – MuchBetter Neteller, or ecoPayz, then you are in luck. Using any one of these options will allow you to fund your chosen betting account. An added advantage of using an e-wallet of standard bank cards is that you can keep your bank account separated from your betting account. Plus, you might feel that it is more secure using an e-wallet online as opposed to making a payment via your bank card.
Prepaid cards have come to the fore as a way of funding online betting accounts. These types of accounts require you to make deposits or top-up your account once it is depleted. From here, you can use your prepaid card to deposit funds into your betting account. Paysafecard is widely accepted by online bookmakers in Canada. Furthermore, you’ll have total control over your budget. It is important to take note that prepaid cards can only be used to make deposits. Withdrawing funds from your betting account is not possible at present.
Unfortunately, it is clear to us that PayPal will not make a sudden appearance in the online betting world of Canada. This needn’t hamper your willingness to take on the wide expanse that is the gambling galaxy. With the above-mentioned alternative payment options, you’ll always have a method available to you. Be sure to go through the correct channels when signing up with your alternative to PayPal.
If you decide to use your bank card, make sure your bank allows for this to take place. Added to which, enable the two-step authentication measure. This will instill a sense of confidence in yourself as you navigate the uncharted, yet enthralling, depths of the online betting universe.
If you wish to link your e-wallet account, do so straight after you create a valid betting account. You’ll need to verify your details in any case and you might as well get it out the way. This will ensure that you’re set for a streamlined excursion with no unforeseen detours or incoming meteors. An e-wallet is certainly a handy solution and will provide quick and reliable payment processing, regardless of where you may find yourself.
Otherwise, if you happen to be a shoe-string traveller – gaining a glimpse into the online betting world – then we recommend you use a prepaid card. It’s a far better option if you wish to confine yourself to limited betting funds. It’s easier to stick to a budget when using a prepaid card. You won’t be able to top-up your gambling account infinitely. Just remember to have a withdrawal option at hand for those potential winnings!
PayPal has proven to be a remarkable payment provider the world over – it’s just a shame that, at the time of writing, these benefits are not currently available to bettors in Canada. In the modern world of constant connectivity and 24/7 betting, PayPal would make a reliable and secure partner should the service ever be extended. Players would be able to link their PayPal account with many of the best bookmakers, resulting in reliable transactions under a well-known brand.
As PayPal and e-wallets continue to grow in popularity, it is only logical to conclude that more and more online providers will adopt PayPal as an accepted payment method, which would no doubt be welcome amongst Canadian bettors. At PlayersBest.com, we’ll be sure to update you as soon as any relevant changes take place in the universe of gambling and PayPal.
PayPal has gone from strength to strength in the last decade or so. Being an online payment solution, it enables customers to send and receive money across continents. However, there’s much more to PayPal than just that. As it continues to grow in versatility, so do the additional services and features become more robust. In our PayPal bookmaker comparison, we’ll outline exactly what PayPal entails – specifically when it comes to online gambling.
PayPal has a great reputation as an online payment provider. They continue to provide secure and safe payment services to a wide customer base. Having said that, various countries do not allow bettors to use PayPal as a payment option when funding betting accounts. In our PayPal bookmaker comparison, we’ll take you through all the ins-and-outs of using PayPal in Canada. This way, you’ll know if it is possible to link your betting account with PayPal. At PlayersBest.com, it’s our mission to keep you in the loop of all the latest betting developments.
Nowadays, online bookmakers accept a host of payment options. This allows you to choose from a range of efficient solutions, providing you with a secure way of funding your betting account. At PlayersBest.com, we strive to bring you an extensive overview of all things betting-related. Find your very own payment method for betting in Canada with us.
PayPal has been around for some time now. As an online payment platform, PayPal continues to grow in popularity. This allows you to send and receive money via a secure payment solution. To find out more about the reliability of PayPal when it comes to online betting, take a look at our PayPal bookmaker comparison guide. Not only will you find out more about PayPal, but you’ll be provided with a range of alternative payment methods.
No, you won’t always be excluded from welcome offers. Having said that, it is important to check before signing up and depositing funds. This is particularly true when it comes to online betting in Canada. For a comprehensive overview of this matter and more, head over to our PayPal bookmaker comparison at PlayersBest.com.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
