BetMGM, a prominent online sportsbook and casino operator, offers a variety of deposit methods to accommodate the diverse preferences of its users. Understanding these options is crucial for a seamless and secure gaming experience. Below is an overview of the deposit methods available on BetMGM:
1. Credit/Debit Cards
- Accepted Cards: Visa, Mastercard, Discover, and American Express.
- Details: Deposits via credit or debit cards are processed instantly, allowing immediate access to funds. However, some banks may decline transactions related to online gaming, and certain fees may apply.
- Bonus Bets only pay out if you lose
- Available in 20+ States
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
2. Online Banking (PayWithMyBank)
- Details: This method enables direct transfers from your bank account to your BetMGM account. It requires prior setup of online banking credentials and offers a secure way to deposit funds.
3. ACH/e-Check (VIP Preferred)
- Details: By providing your bank’s routing number and account number, you can transfer funds directly from your bank account. This method is quick, simple, and widely used.
4. PayPal
- Details: As a popular e-wallet, PayPal allows for instant deposits once linked to your bank account. It offers an additional layer of security and is favored for its ease of use.
5. Play+ Prepaid Card
- Details: BetMGM’s Prepaid Play+ account is a convenient option for instant deposits. After funding the Play+ account, you can transfer money to your BetMGM account seamlessly.
- Bonus Bets only pay out if you lose
- Available in 20+ States
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
6. PayNearMe
- Details: This method allows you to deposit cash at participating retail locations, such as 7-Eleven stores. After making a cash payment, the funds are available in your BetMGM account within minutes.
7. Apple Pay
- Details: For users with Apple devices, Apple Pay offers a quick and secure deposit method. Ensure that your Apple Pay account is linked to a valid payment source.
8. Bank Wire Transfer
- Details: Suitable for larger deposits, bank wire transfers may take longer to process and often have higher minimum deposit requirements. This method is ideal for high rollers.
9. MGM Rewards Card
- Details: Linked to BetMGM’s loyalty program, the MGM Rewards Card can be used for deposits, integrating your gaming and rewards experience.
Important Considerations
- Minimum Deposit Amounts: Most deposit methods have a minimum deposit requirement, typically around $10, except for bank wire transfers, which may have higher minimums.
- Processing Times: While many methods offer instant deposits, some, like bank wire transfers, may take longer to process.
- Fees: BetMGM generally does not charge fees for deposits, but it’s advisable to check with your bank or payment provider for any potential charges.
- Availability: Certain deposit methods may vary based on your location and the specific BetMGM platform you are using.
How to Make a Deposit on BetMGM
- Log In: Access your BetMGM account through the website or mobile app.
- Navigate to the Cashier: Click on the “Deposit” option, usually found in the account or cashier section.
- Select Deposit Method: Choose your preferred deposit method from the list of available options.
- Enter Deposit Amount: Specify the amount you wish to deposit, ensuring it meets the minimum requirements.
- Complete Transaction: Follow the on-screen instructions to finalize the deposit. Funds should appear in your account shortly, depending on the chosen method.
Conclusion – BetMGM Deposit Options
BetMGM provides a comprehensive range of deposit methods to suit various user preferences, ensuring a flexible and user-friendly experience. By selecting the deposit option that best fits your needs, you can enjoy a seamless and secure gaming experience on the platform.
Access our full library of BetMGM help articles for more information or read our detailed BetMGM review. You can also jump straight to our list of the best sportsbook promotions for your state.
