The world of gambling has been changing rapidly due to the rise of Internet-based casino games that can be accessed 24/7 via PC, mobile phone, tablets and many other devices. Here in Australia popular games such as pokies, roulette and blackjack account for the vast majority of casino gambling online followed by sports betting and lotteries. With these trends for accessing platforms online has brought into question the legality, safety and security of making transactions, and whether or not alternative payment options such as PayPal are a better, safer option for players looking to make deposits and withdraws involved with real money casino play.
As of 2017 there currently is no sports betting, casino or other gambling platform that accepts PayPal. This is not to say gambling is illegal in Australia and therefore casinos restrict certain payment methods, rather PayPal has its own restrictions on the types of platforms it provides services. PayPal announced a few years ago there were too many offshore providers that were not licensed to make legal transactions with its services and therefore it wanted to avoid being used as a channel for illegal money laundering. While Australian online casino providers fought to provide proof of their licenses, as set by the International Gambling Commission and eCOGRA, PayPal later decided it was breaking away from the gambling scene all together in order to avoid controversy as being a conduit for illegal money laundering.
This sounds like a bad wrap for gambling but in fact it extends to illegal operators that failed to meet international standards, thus ruining any chance of PayPal being used as a legit playing method for online casinos. Since then online operators have had to turn down using the service and stopped promoting PayPal all together on their websites. In fact, if you want to know what a legit casino is make sure to ask whether if it accepts the payment services. If so, this should send an alarm to leave the operator and move elsewhere.
Finding the Right Online Gambling Operator
While PayPal may not be an option for gambling anymore there are still plenty of alternative payment options for Aussies looking to deposit and withdraw money for real cash play. The operators promoted at this site not only accept these methods, they are legal casino operators that have obtained licenses to offer services to Australians. At all of these casinos you will find games such as Pokies, Roulette and Blackjack in addition to many others that have payout rates around 97% – much higher than land-based operations. More so, they come compatible with Mac and Windows devices, iPhone, iPad, Android, and Blackberry mobile options.
Deposit and Withdraw methods
Debit Cards: Debit cards are the fastest and cleanest way to make a deposit at an online casino. Simply use your card and deposit the amount of money you want to deposit and you are set. When withdrawing you need to provide the account number and routing number associated with the card in order to receive the transaction properly.
Credit Cards: Making a deposit with a credit card and withdrawing money is more or less the same process as debit cards, only your deposit transaction shows up as a credit transaction on your card statement rather than money being deducted right away. Your credit will not be affected by using a credit card, as a deposit at a casino will appear just like any other transaction made online with your card, and perhaps is a bit safe in case you decide to play over your cash budget. We recommend using credit cards such as MasterCard or Visa.
E-Wallets: E-Wallets such as Skrill and Neteller offer expedient ways of transferring money back and forth from your banking account without the hassle of international wire transfer regulations and fees. Highly recommended for those who are afraid of submitting their financial information to a casino, despite this being perfectly safe.
Wire Transfers: Arrange your routing number, account number and SWIFT code with the bank and send money directly to the casino. You will receive any cash outs in the same manner but may face associated fees. You can read our in-depth guide about how to do a wire transfer at an online casino here.
Prepaid Debit and Gift Cards: You can buy cards with full 16-digit numbers but without the name associated. If you prefer to leave your name out of the picture while depositing this may be your best route, although you will still have to provider your personal banking information for withdraw.
Is it Secure to Make Transactions at Online Casinos?
Overall, we recommend you go the debit card or credit card route one way or the other since you will be faced with withdrawing money at some point. It is perfectly safe to gamble online and make transactions using these methods or any of the other above-mentioned ones. All the casino sites we promote have SSL certificates and are overseen by creditors who allow their services to be promoted at the casinos. Major card makers such as Visa and MasterCard would not allow ongoing transactions associated with these sites if they are illegal, and unlike PayPal, are much more open to the world of real money transactions between gamers and online platforms.
But Wait, What About My Financial Credit?
Your credit in no way will be affected by playing at an online casino even if you use your personal credit or debit cards. Most gamblers look to PayPal for this reason alone when in fact it is not an issue you need to worry about. All transactions appear in your banking account the same way they would with a car or mobile phone bill. It only matters whether you are able to keep up with your funding or credit card payments like it would with any credit institution and you will not receive a deduction in credit points for having associated transactions with these sites.
Q. Do I pay taxes on my earnings?
A. No. Although many gamblers look to use PayPal in order to keep their earnings in an account as to avoid being taxed, this is simply not necessary. The Australian government does not consider earnings from gambling to be taxable much like they are not at land-based casinos. All winnings are considered to be from “luck” and therefore are not considered to be regular income. For those partaking in long-term poker tournaments as a living, however, the government does consider this to be a skills game and therefore you would have to pay should this be a main source of income for you.
Q. Is Online Gambling Legal in Australia?
A. As mentioned accessing online casino sites is perfectly legal for Aussies. The catch in the Australian law is that operators providing service to Aussies cannot be located in Australia whereas offshore providers are okay. If this sounds as bizarre as it reads you are not alone but this is the state of AU politics at the moment.
This site points you to the most reputable casino providers in Australia offering real money play. By following the casino link above you are redirected to the casino’s Home Page where you qualify for a sign-up bonus and will be able to access hundreds of games. Make sure to contact the casino’s customer service should you have any questions and we wish you a happy gambling experience!