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BetMGM Sportsbook Deposits, Withdrawals, & Payout Speed

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BETMGM BANKING

  • Deposit Options: Debit/credit card, bank transfer, PayPal, Apple Pay, Venmo, Play+, cash, & more
  • Minimum Deposit: $10
  • Withdrawal Options: Debit card, bank transfer, PayPal, Apple Pay, Venmo, Play+, cash, & more
  • Minimum Withdrawal: $0.01 to $20
  • Payout Speed: Up to 4 business days (usually within 1)

Deposit & Withdrawal Methods

Payout Speed

Up to 4 Business Days

One of BetMGM’s best features is how easy and quick it is to make deposits and withdrawals. Many users cite this as one of their favorite things about BetMGM, and it’s rare to find someone complaining about how long it takes to get their winnings.

BetMGM offers all the major deposit options, including credit/debit cards, bank transfer, Apple Pay, PayPal, Venmo, and many more. 

You can withdraw usin most methods you deposit methods. If you want to withdraw via an option you haven't yet deposited with, you can add it as a payment option and then withdraw to it—something that not many books offer.

In addition, I've found payouts to be much quicker than the suggested up to 4 business days. I've typically received my money within 24 hours on weekdays. This is great, especially if you need to move money to another sportsbook to place a bet.

This is one area where most people won’t run into any problems. You can withdraw without being in your home state, so if you’re traveling and need to access your winnings, you can do that with ease.

BetMGM Deposits Methods

Method

Minimum Deposit

Deposit Time

Bank transfer

$10 Instant

Debit card (Visa, Mastercard)

$10

Instant

Credit card (Visa, Mastercard, Discover)

$10

Instant

PayPal

$10 Instant

Apple Pay

$10

Instant

Venmo

$10

Instant

BetMGM Play+ Card

$10 Instant

Cash (at physical sportsbook)

$10

Instant

Cash (via PayNearMe)

$10

15 mins

Skrill

$10

Instant

BetMGM Gift Card

$0.01

Instant

GAMEON Card

$10

Instant

BetMGM Withdrawal Methods

Payment Method

Min Withdrawal

Payout Speed

Visa$20Within 24 hours
Mastercard$201-3 business days
PayPal$20Within 24 hours
Venmo$20Within 24 hours
Apple Pay$201-3 business days
VIP Preferred$202-4 business days
Online Banking$202-4 business days
Instant Banking$202-4 business days
Play+ PrepaidCard$20Within 24 hours
Cage$20Within 10-12 hours
Check by Mail$207-21 business days

Offers from our partners

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None available for your state

How to Deposit With BetMGM Sportsbook

Below you can see the steps you need to take to deposit money into your BetMGM Sportsbook account.

Don’t forget about the BetMGM bonus bets for new customers if this is your first time making a deposit with the sportsbook. Your first bet is up to $1,500, so make sure you deposit enough to make the first bet for the amount you prefer. Note that there is no BetMGM bonus code required to receive the welcome bonus—just sign up with our exclusive link.

Follow these steps to deposit into your BetMGM Sportsbooks account:

  1. Click the My Account button in the top right of the website or mobile app.
  2. Select My Balance.
  3. Click Deposit.
  4. Choose your deposit method.
  5. Enter the amount you want to deposit (at least $10 for most options) and follow the instructions to complete it. You will have to submit information such as bank account/routing number, debit/credit card numbers, or something else depending on the method you chose.
  6. Confirm the transaction. Your funds should be in your playing account within minutes.

How to Withdraw Money From BetMGM Sportsbook

BetMGM Sportsbook offers many withdrawal options, including ACH, PayPal, online bank transfer, and more. The minimum withdrawal is set at $20 and BetMGM does not charge any fees for withdrawals.

Here’s how you can withdraw money from your BetMGM Sportsbook account:

  1. Click the My Account button in the top right of the website or mobile app.
  2. Select My Balance.
  3. Click Withdraw.
  4. Select the withdrawal option. Note that you won't be able to withdraw to some of the available deposit methods such as debit/credit card or PayNearMe.
  5. Type in how much you want to withdraw and confirm the transaction.
  6. Your winnings should arrive within 5 business days depending on the withdrawal option.

BetMGM Sportsbook Deposit & Withdrawal FAQ

BetMGM does not charge fees for deposits or withdrawals. Note that some payment processors and banks may charge a small fee, especially if you are using credit cards, as banks may see this kind of transaction as a cash advance.

There are certain banks and financial institutions that don’t support gambling-related transactions. As a result, they may abort your attempt to transfer your money. You should check with your bank before making a payment request to BetMGM. If everything checks out and the problem persists, you should contact BetMGM's customer support service for further clarification.

The BetMGM Play+ card is a prepaid card that allows you to deposit and withdraw funds quickly and securely. You can use it as a standard debit card at those ATMs that accept PULSE® and NYCE cards, as well as everywhere Discover® is accepted.

You can deposit into your account using cash by using PayNearMe or by visiting one of BetMGM's retail partner casinos. If using PayNearMe, you'll receive a unique barcode that you can present to a cashier at a participating 7-Eleven, CVS Pharmacy, or any other store where you can make your deposit in cash. If depositing with cash at the casino, visit the casino teller and ask for more information on how to deposit.

No. BetMGM does not accept physical checks. Instead, you can use e-checks as an online method that lets you deposit money into your online gaming account from your checking or savings account.

It can be a bit difficult to get support with BetMGM. Instead of just being able to see live chat, a phone number, or email, you have to click through suggested issues to try to resolve your conflict.

Here is the step-by-step process to getting help through the website or app:

  1. Start off by clicking the “Help & Contact” button at the top of your screen
  2. Choose the topic that most closely fits your problem (if you can't find your problem just click any one)
  3. Choose the problem that most closely fits your situation (if you can't find your problem just click any one)
  4. If you can't find a helpful solution, click the “Yes” button in the “Do you need more help?” section
  5. Start a live chat or submit a contact form from this page

State Availability & Physical Sportsbooks Where You Can Deposit & Withdraw

State

Online

Retail Partner

Arizona

Yes

Gila River Hotels & Casino

Colorado

Yes

Midnight Rose Hotel & Casino

Illinois

Yes

Par-A-Dice Hotel Casino

Indiana

Yes

Belterra Resort Indiana

Iowa

Yes

Diamond Jo Worth Casino

Kansas

Yes

Revolutionary Racing

Louisiana

Yes

Sam’s Town Casino

Maryland

Yes

MGM National Harbor

Massachusetts

Yes

MGM Springfield

Michigan

Yes

MGM Grand Detroit

New Jersey

Yes

N/A

New York

Yes

N/A

Nevada

Yes

MGM Resorts Las Vegas

North Carolina

Yes

Charlotte Motor Speedway

Ohio

Yes

MGM Northfield Park

Pennsylvania

Yes

Hollywood Casino Morgantown

Tennessee

Yes

N/A

Virginia

Yes

N/A

West Virginia

Yes

The Greenbrier

Wyoming

Yes

N/A

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