Roulette is definitely one of the casino games that have managed to gain tremendous popularity among casino fans. One of the main reasons for this is that its rules are quite straightforward which makes it suitable for all types of players. When you have managed to gain some experience and you feel more comfortable with the game, perhaps, you will want to give some of the real-money versions of the game a try. As you will see, there is an abundance of such games, so you will definitely find a title that satisfies your preferences and demands. What is more, these games will not solely make your betting session enjoyable, but will also give you the opportunity to pocket some nice prizes, which makes them even more alluring.
PayPal remains one of the best options players can pick from when they wish to fund their account at the preferred gaming website. Its name has become synonymous with fast and safe internet payments. It is a secure system that eliminates the need to enter credit card information on websites where you want to make a payment.
How Does PayPal Work
Today, a lot of casinos on the internet accept PayPal as a payment option for the convenience of users and all the games in a casino can be handled with your PayPal account. Among them, roulette is the easiest table game to play and one of the classic ones at that.
To bet with your PayPal account, you should simply make a transfer to your gaming account after authorization. When you are done with playing, you can withdraw your winnings back to your PayPal account. This process might take a few days as the casino has to handle the transaction. Once the money is in your PayPal account, you can do as you like. You can pay in any store on the internet or withdraw it back to your bank account. This process is chargeable depending on the money, but no more than 3% of the amount being transferred.
Pros of Using PayPal to Play Roulette
Being one of the most sought-after casino games, roulette can be found in a wide array of web-based casinos. The game undoubtedly ranks among the fan-favorites and is preferred not only by experienced players but also by casino novices. Once you have picked a gaming website that offers the preferred roulette variation, you will have to load your account with cash.
One of the best options to do this remains PayPal as the service will allow you to transfer your funds to your gaming account in a matter of seconds, meaning that you can start placing your bets on your favorite roulette game forthwith. The fact that your funds will be available within only a few seconds remains one of PayPal’s major assets which sets it apart from many of the other providers of payment solutions. Moreover, you can also use PayPal when you wish to cash out your winnings, which makes the payment service even more appealing. Not to mention the fact that with PayPal, you are enabled to do all these with ease.
Simply register for an account, link it to a bank account or a credit card, transfer funds, and your gateway to internet payments just opened! The charges on PayPal are very reasonable and you can transfer funds into your PayPal account for free when you use a bank account, but there is a service charge of almost 3% when using a credit card
It is only natural that all gambling enthusiasts want to make sure that their security is guaranteed while they are playing their preferred roulette variation. If this is also the case with you, you should know that this is exactly what PayPal will provide you with, due to the fact that you are not required to disclose any of your sensitive information. PayPal will require you to log into your account using your email address as well as a password when you wish to initiate a transaction. This means that the gaming website you have picked to play roulette will not have access to any of your personal or banking information, thus reducing the chances for frauds to a minimum. PayPal is also suitable for gambling enthusiasts who wish to remain anonymous while playing their preferred roulette game.
A major asset many of you will undoubtedly appreciate is that PayPal has quite wide transfer limits. The service will allow roulette fans to transfer larger amounts of money as well as some more humble sums which makes the method suitable for all types of players, irrespective of their budget.
Cons of Using PayPal to Play Roulette
Even though the payment service has some great assets, it still has several drawbacks that should be taken into account when you are bound to make use of it.
In the first place, we should note that the number of the gaming websites that accept payments via PayPal is not that large. Despite the fact that many of the interactive casinos will give you the opportunity to transfer your funds using the e-wallet, there are still many casino operators that have not added it to the list of the supported payment options which can make it slightly troublesome to hunt such a gaming website down.
Despite the fact that it will take only a few minutes to set up your PayPal account, connecting it to your bank account or your credit/debit card may take several business days which will considerably prolong the whole procedure. All users need to go through a verification which is the reason why the whole process takes more time.
Interactive players should also keep in mind that certain fees may be charged when utilizing the service. Still, it would be better if you check this in advance.
PayPal Used by Roulette Players
As it was already mentioned, roulette is one of the most well-liked table games that can be found in most of the interactive casinos. Its overwhelming success does not stem only from the fact that roulette features rules that are extremely easy to grasp, but also from the fact that the table limits range greatly across the numerous variations, thus making the game suitable for casual players as well as for high-rollers.
In this relation, PayPal remains one of the best options interactive players are presented with due to the fact that the transfer limits of the service are quite wide which makes it the perfect alternative when you wish to use it for gambling purposes. In some roulette variants, you will be allowed to wager $1 per spin. The upper limits are also game specific, but you will stumble upon roulette games in which the maximum bet per spin is $100 or $200. Some roulette versions, however, will allow you to bet as much as $2,000 per a single spin of the wheel.
With that being said, we can say for sure that the payment method will be the perfect option for you, if you prefer placing more humble bets or if you simply want to enjoy a few roulette rounds, without chasing some eye-watering prizes. Perhaps, you may also wish to make use of PayPal if you are a mid-roller who prefer playing bigger, but who is still unwilling to risk too much funds. Undoubtedly, PayPal would be the perfect choice for high-rollers as well, considering the fact that the service will allow them to make transactions of as much as $10,000 which will please many roulette fans who prefer playing riskier.
PayPal Taxes and Deposit/Withdrawal Time
Roulette fans should know that there is no limit to the amount they can send via PayPal as long as their account is verified. They are enabled to send up to $60,000, but there may also be a limit of $10,000 for individual transactions. If your account is not verified, however, you will be allowed to withdraw $500 or the currency equivalent per month.
Roulette fans should keep in mind that deposits via PayPal are instantaneous which is definitely a great advantage as, in practice, you will have the chance to start placing your real-money bets at once. When it comes to the withdrawals, however, you should be more patient due to the fact that it may take from 3 to 7 business days for your funds to appear in the balance of your bank account. What is more, interactive players cannot withdraw their funds back to a credit, a debit card, or to a prepaid card.
When it comes to the fees, you should know that you are not required to pay such when you are opening a PayPal account and when you are sending money using the service. Still, when you are initiating a transaction to a country that is different from your country of residence, a fee will be charged. When you wish to withdraw your funds from your PayPal account to your bank account, you are also not required to pay any additional fees, but if you want to request a check, however, a fee will be charged.
If you are a roulette fan who is on the lookout for the best payment solution for both deposits and withdrawals, you should consider using PayPal. The service would be the best choice for you, especially if you want to start spinning the wheel immediately for which you need to have your funds credited to the balance of your account forthwith.
PayPal will also fit your preferences if you want to make sure that the gaming website or any other people will not get access to your personal or banking information. What makes the service the best alternative for roulette fans is that the transfer limits are quite wide, which definitely makes PayPal appropriate for the different types of players.