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Paypal Slots

S. Stoynova (editor)

Slots have managed to catch on with many gambling enthusiasts due to the fact that they are a great source of entertainment. This is one of the most well-liked casino games also because it does not feature any complicated rules which makes it suitable for less experienced interactive players as well as for seasoned ones. In fact, the game has a certain appeal which continues to capture the attention of avid casino fans. The game’s tremendous popularity can be ascribed not only to the fact that it provides gamblers with an extremely enthralling experience but also to the fact that it can deliver them some hefty prizes.

Still, prior to giving any of the slot titles a try, you should top up your account at the preferred gaming website. As it turns out, PayPal remains one of the most preferred options to do this due to the fact that it makes payments online easier and more secure.

How to Deposit With PayPal

paypal gamblerIn order to make use of the service, you just have to register for an account, to authorize it, and to link it either to a bank account or to a credit card. Then, you simply need to transfer funds to your PayPal account and you are ready to pay out of it. This way, you do not ever have to reveal your credit card or bank account information online and save yourself the hassle of authorization at the bank’s end. One of the most common uses of PayPal is for online gambling. Since there are constant deposits and withdrawals to be made, people prefer PayPal as it gives them the chance to wrap up transactions quickly and safely.

When you have found a gaming site that offers the most appealing slot titles, you simply need to make a deposit in order to start playing. If PayPal is your payment service of choice, you need to go to the banking section and to select it from the list of the options. Then, simply provide your PayPal details, enter the amount you wish to transfer, and confirm the transaction. Your funds will be available almost instantly, thus allowing you to start spinning the reels forthwith.

Pros of Using PayPal to Play Slots

pros signIf you have already used PayPal to load your gaming account with cash or for some other reasons, perhaps, you have noticed that the payment method has numerous assets that give it a clear advantage over many of the other providers of similar services available out there.

PayPal would be the perfect option for you as long as you are a slots fan who is impatient to embark on his/her gaming adventure. By this, we mean that PayPal will give you an almost immediate access to your funds as they will be credited to your account within only a few seconds after you have initiated the transaction. In other words, the transfer of funds via PayPal is definitely not a time-consuming process which is of major importance.

One of the greatest benefits of using PayPal is that the service will allow you to transfer not solely some smaller amounts of money, but also more considerable ones. This, on the other hand, explains why PayPal is a payment method of choice for both high-rollers and casual players.

When it comes to PayPal’s advantages, we should not forget to mention the fact that this is one of the safest ways to make payments over the internet. One of the best things about PayPal is that you do not need to reveal any of your personal or banking information in order to wrap up the transaction to the gaming site you have picked for your betting session. The whole procedure will involve solely logging into your PayPal account using your email address and password and confirming the payment. When you have done this, you can go ahead with playing the preferred slot titles without worrying about any security issues. Moreover, the company uses an encryption technology so, in the unlikely event that something goes wrong, your security will also be guaranteed.

PayPal is preferred by many slot fans also because the payment method can be used for both deposits and withdrawals which distinguishes it from some of the other payment services that are available solely for deposits. In fact, this is an invaluable asset due to the fact that it will provide you with greater convenience.

A major advantage is also the fact that the company has presented slot fans with an app that will enable them to manage their funds and to keep track of them with ease.

Cons of Using PayPal to Play Slots

cons signAs with everything else, the coin definitely has two sides as PayPal also has its shortcomings you should take into account when contemplating whether to make use of it. Prior to making a deposit to the preferred gaming website and fully immersing yourself in your favorite slot titles, you should know that it will take some time before you can handle transactions via the service. Although setting up a PayPal account itself will take only a few minutes, its linking to your bank account or to your credit/debit card may take several business days. But let’s look on the bright side as this is simply a small price you will pay once.

Despite the fact that the company provides its services solely to well-regulated and licensed gaming websites, you can never be sure to what an extent the site that offers PayPal is credible and trustworthy. That is why you should always conduct a small research in order to make sure that the gaming website you are planning to register with is worth your while.

Albeit PayPal is a payment method that is supported by a large number of the gambling destinations, there are many gaming websites that do not accept payments through the method which is a major drawback.

It may turn out that your quest for a gaming site that offers not solely the preferred slot titles but also accepts payments via PayPal will take more time than you have expected.

PayPal Used by Slots Players

paypal slotsPlaying slots have always been an appealing way to have some fun and potentially, to win some nice prizes. What made slots even more popular is that recently, the number of the gaming websites that offer this particular casino game has grown dramatically. This, on the other hand, resulted in an easier access to your favorite slot titles, making them even more alluring than before.

Some of you may say that slots are a casino game that is preferred predominantly by gambling enthusiasts who do not wish to put too much of their funds in risk. In fact, this may be true to some extent, as there are lots of casual players who prefer spinning the reels. Such players prefer placing smaller bets which allows them to enjoy their betting session to the fullest without exhausting their bankroll. What is more, there are also slot fans who get a real kick out of spinning the reels and prefer to do this only for fun.

Apart from the casual players as well as the mid-rollers, there is one more category of slot fans and these are high-rollers. Such players are more inclined to place higher bets as, in most cases, they are chasing a bigger profit. That is why with progressive slots, for example, they will prefer to place the maximum possible bet as this will guarantee them that when the special symbols land on the reels, the will pocket the whole amount of the jackpot.

No matter whether you are a casual player or you prefer placing higher bets, you should know that in any case, you can make use of PayPal. The reason for this is that PayPal features quite wide transfer limits which makes it suitable for the different types of players.

PayPal Taxes and Deposit/Withdrawal Time

PayPal Casinos DepositPerhaps, one of the best things about PayPal is that deposits via the payment method are instantaneous, meaning that you can give your favorite slot title a try right away. This is definitely a major asset as you are not required to wait long for your funds to appear in the balance of your account which can make you nervous and unwilling to play. When it comes to the withdrawals, however, you should know that the timeframes will depend on the option you have picked. If you have decided to retrieve your winnings to a debit or a prepaid card, your funds will be available within 30 minutes. Still, if you want to withdraw your funds back to your bank account, it may take between 3 to 7 business days for them to appear in your account.

Slot fans should keep in mind that they are not allowed to send more than $60,000 via PayPal. What is more, individual transactions are also limited to $10,000. It should be noted that this amount can vary across the different currencies, which is why it would be better to check this in advance.  The maximum amount you can withdraw per week is $50,000, whereas the maximum amount you are allowed to withdraw per month is $100,000. If your account is still not verified, however, you will have the opportunity to send as much as $500 per month using the service.

If you are planning to fund your PayPal account via a credit or a debit card, you should know that you will have to pay 2.9% of the amount. If you prefer to use your bank account, however, a fee will not be charged.

Conclusion

PayPal is definitely the right choice for you if you are looking for a fast and a secure way to transfer your funds to the balance of your account at the preferred gaming website. The payment method will allow you to embark on your gambling adventure forthwith as your funds will become available instantly. Moreover, with PayPal, you will have the opportunity to transfer both smaller amounts of money as well as higher ones, which makes it suitable for all types of slot fans.

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