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
Offers from our partners
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 | $20 | Within 24 hours |
| Mastercard | $20 | 1-3 business days |
| PayPal | $20 | Within 24 hours |
| Venmo | $20 | Within 24 hours |
| Apple Pay | $20 | 1-3 business days |
| VIP Preferred | $20 | 2-4 business days |
| Online Banking | $20 | 2-4 business days |
| Instant Banking | $20 | 2-4 business days |
| Play+ PrepaidCard | $20 | Within 24 hours |
| Cage | $20 | Within 10-12 hours |
| Check by Mail | $20 | 7-21 business days |
Offers from our partners
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:
- Click the My Account button in the top right of the website or mobile app.
- Select My Balance.
- Click Deposit.
- Choose your deposit method.
- 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.
- 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:
- Click the My Account button in the top right of the website or mobile app.
- Select My Balance.
- Click Withdraw.
- 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.
- Type in how much you want to withdraw and confirm the transaction.
- 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:
- Start off by clicking the “Help & Contact” button at the top of your screen
- Choose the topic that most closely fits your problem (if you can't find your problem just click any one)
- Choose the problem that most closely fits your situation (if you can't find your problem just click any one)
- If you can't find a helpful solution, click the “Yes” button in the “Do you need more help?” section
- Start a live chat or submit a contact form from this page
- Email: [email protected] (even if you are in a different state, BetMGM should forward your message to the appropriate person)
- Twitter: @BetMGMSupport
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 |
Washington DC | Yes | N/A |
West Virginia | Yes | The Greenbrier |
Wyoming | Yes | N/A |
