PayPal My Cash Prepaid Gambling Review – How To Use PayPal My Cash Cards To Deposit Into Online Casinos, Poker Rooms and Sportsbooks

PayPal Cash prepaid cards are available for purchase in any increment between $20 and $500. However, please keep in mind that the online gambling site you are considering using this payment method at probably has specific requirements regarding the denominations they accept. Our top recommendation at this time is 5 Dimes and they only accept My Cash in increments of $500. This means the minimum you can deposit using this option is $500. Be sure to verify the incremental requirements at the website you are visiting prior to making your purchase as it can vary by site.

There are a number of safety benefits to using a prepaid option such as My Cash. For one, the cash only nature of this purchase ensures that no third party merchant or gambling site employee has access to your credit card, debit card or bank account information. This extra layer of security is very attractive to many players, particularly if they have ever been a victim of fraud or theft online. In addition, the card is issued by PayPal, which is one of the world's foremost financial services. They employ the highest level of security protocols when producing and processing their prepaid card option. The only breach of security with My Cash cards is if you lose one or provide your card information to an untrustworthy party. Because they act just like cash, they are attractive to thieves and scammers, so always use due diligence in protecting your card and card information.

Absolutely not. The PayPal prepaid card allows you to load cash funds up to your PayPal wallet. You can then use those funds anywhere that PayPal is accepted. This allows people who choose not to have a bank account or who don't have access to credit or debit cards to still hold and use a PayPal online wallet account. In essence, you can use cash to pay online through this innovative feature, and your possibilities are virtually limitless due to the fact that PayPal is a widely accepted payment method at thousands of merchants world wide. Their mobile app allows you to use PayPal to make purchases at brick and mortar merchants, and their prepaid MasterCard allows you to use your PayPal account anywhere MasterCard is accepted. As you can see, PayPal Cash is a very flexible and fluid payment solution.

While using prepaid card solutions in this manner is still somewhat new to the online gambling industry, the gambling brands that are already on board offer a nice range of betting services, including casino gambling, sports betting and poker gaming. At this time, only one of our recommended gambling site brands accepts PayPal My Cash prepaid deposits, however this method is so innovative and has seen such success thus far that we are very confident that it will end up becoming a staple in the banking suites of the top Internet gambling destinations.

The fact that PayPal My Cash prepaid cards are a 'cash only solution' means that US players who opt for this method are not involving their credit cards, debit cards or bank account in the transaction. This is where you get out from under restrictions that are imposed by ewallet brands such PayPal who fear being targeted for non-compliance with the UIGEA bill. Traditional PayPal accounts are funded through your credit card, debit card or bank account. The UIGEA bill prohibits US based banks and credit card companies from processing gambling related transactions, hence a cash alternative does not apply to these restrictions and provides a legal and secure prepaid casino solution for US players.