In order to use paypal with online gambling you need to sign up and register your bank details. I still prefer to use my prepaid card for online transactions.
I find moneybookers is pretty good for depositing. All your information is kept private too (instead of putting in your credit card everytime)!
I didn't like trusting paypal personally and didn't want the game's losses or earnings coming up on my statement so I got a prepaid credit card to pay for any subscriptions and online purchasing I wanted to keep discreet
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