BetMGM Deposit Methods – How to make safe & secure deposits

How to Deposit on BetMGM

Making a casino deposit on BetMGM is easy. If you don’t know how to go about it, this walkthrough will detail the different methods and information related to making deposits or withdrawals to help kickstart your BetMGM experience.

BetMGM is an online sports betting, horse race betting, casino gambling website, and mobile app where players in 17 states and Washington D.C. can bet legally on their game of choice depending on local gambling regulations. You can find it online at casino.betmgm.com or the BetMGM casino in the app store, and it’s perfect for new and experienced bettors. New users can sign up today and claim their exclusive bonus bets. The BetMGM casino app is only available to players in NJ, MI, PA, and WV. The sportsbook is available in a lot more states.

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Overview of the BetMGM Payment Options

BetMGM has several different online deposit methods that are very quick and easy to use. They all come with a good deposit bonus and reasonable deposit limits. The process is straightforward, and it is effortless to deposit funds and get started with BetMGM slot games! Like many online sportsbooks and mobile casinos, BetMGM sportsbook offers deposit bonuses in the form of risk-free bets just by creating an account on the BetMGM website or mobile app. And come on, who doesn’t like a risk-free bet?

💳Deposit Method⏱️Processing Time💰Min/Max Deposit💵Fees
VIP Preferred E-CheckInstant$10/ $25,000None!
Play+Instant$10/ $25,000None!
Bank TransferInstant$10/ $25,000None!
Visa or MastercardInstant$10/ $4,500None!
American ExpressInstant$10/ $4,500None!
PayPalInstant$10/ $50,000None!
SkrillInstant$10/ No MaxNone!
PayNearMeInstant$10/ $500None!
Borgata Hotel, Casino, and SpaInstant$10/ No MaxNone!

How to Deposit Money at BetMGM?

Depositing money at the BetMGM online sportsbook or casino is very simple, but first, you’ll need to create an account before you can get started with your betting. After signing up, you’ll have full access to the site (according to state laws) and will be directed to the cashier where you can make your first deposit (also in the top right-hand corner of the screen).

Below is a detailed guide on the depositing process, and information on the different methods of deposit on this platform. You’ll also find answers to frequently asked questions for depositing money through the BetMGM real money casino app. There is no reason to question if BetMGM Casino is legit, as it follows all safety and protective measures to the letter.

BetMGM Deposits

Create a BetMGM Account

Creating a BetMGM Casino app account is easy and takes just a few minutes, along with only a little bit of information to get started. To sign up, BetMGM app requires your:

  • Full name
  • Gender
  • Date of Birth (Must be 21+)
  • Email Address
  • Cell Phone Number
  • Address
  • Last Four of SSN (For Tax and Security Reasons)

After you’ve created your BetMGM sportsbook account, you will need to make a deposit before you get started. Start by clicking the cashier button in the top right-hand corner of the screen (shown below) to start the deposit process. Ensure you are using the correct account and banking details to play, or BetMGM Casino might suspend or restrict your account.

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A Closer Look into BetMGM Deposit Methods

There are ten different BetMGM payment methods in total, and they all come with a deposit bonus of up to $1000 (use the BetMGM bonus code “GAMBLEUSA” during sign-up). The minimum deposit is $10, and it can be done in any state where is legal to use the online sportsbook or casino. The deposit limit is set by you when you create your account, so be sure you’re only gambling with money you can afford to lose (gambling problem? Go here). Visit BetMGM after you sign up for an account and go to the deposit screen to get started.

BetMGM Deposit Options

VIP Preferred Payment Method (E-Check)

The VIP preferred payment method, or e-Check, is a simple bank transfer between your bank and BetMGM. The difference between this method and the bank transfer method is the information needed to deposit. An e-Check will require your bank account number, your bank’s routing number, and your ID number to make a deposit. Standard bank transfer fees may apply.

BetMGM Play+ Prepaid Card

The BetMGM Prepaid Play+ is a prepaid account that allows you to transfer money from your bank account, debit, or credit card into this account before putting it into your BetMGM platform account. The standard cardholder or bank fees may apply. Similar prepaid cards are apparent among DraftKings payments, Caesars deposit methods, and the FanDuel banking options. All top operators have launched their very own branded prepaid cards for their customers.

MasterCard and Visa Deposits

These are some of the most popular deposit and withdrawal options available today and you can find them on the BetMGM sportsbook app. If you have Mastercard or Visa credit and debit cards, you can quickly put in your card’s information and deposit a minimum of $10 into your online gaming account. This method can be saved for later for easy and quick deposits to keep online betting convenient.

American Express

BetMGM is one of several online casinos that now accepts American Express as an instant deposit method, similar to many other legal online sports betting sites. You’ll need your card information and billing address on the account.

BetMGM PayPal Deposits

If you already have a PayPal account, this is an easy way to make quick deposits. There are no fees by depositing through PayPal at casinos, and it is a safe and secure e-wallet that offers users a money market account.

Electronic Transfer Directly to BetMGM

Electronic transfers are a bank transfer directly from your bank account into your BetMGM account in a few easy steps. All you have to do is find your bank and sign into your bank account via your online banking information with your own bank’s website. Be sure to have the “Bill Pay” option enabled in your bank account.

Borgata Hotel, Casino, & Spa

If you’re ever in Atlantic City, New Jersey, stop by the Borgata hotel, casino, and spa, you can deposit into your BetMGM Casino and sportsbook account by cash at the cashier. You’ll need to have a government-issued ID and your online gaming account information to deposit by this method. If it is your first deposit, you can still use a BetMGM Casino bonus code to get a risk-free first bet up to $1000 on the BetMGM Sportsbook or a 100% deposit bonus (up to $1000) if signing up for the BetMGM online casino.

BetMGM Skrill Payments

Skrill is a very similar option to PayPal and allows you to have an e-wallet linked to your bank account, debit, or credit card that lets you deposit funds instantly into your BetMGM Casino account. Sign up for an account at skrill.com if you want to employ this BetMGM deposit method!

PayNearMe

The PayNearMe option is for anyone with none of the available deposit methods above and allows someone to search for stores near them to pay in cash to add funds to their BetMGM online account directly. You’ll need to have a government-issued ID and your online gaming account information to deposit by this method.

Which is the recommended BetMGM Payment Method?

BetMGM has a few different preferred payment methods than my own, prompting people to use their BetMGM Prepaid Play+ account. This account is safe, secure, and backed by an FDIC-insured bank to guarantee safe deposits. It also comes with reasonable deposit and withdrawal limits which makes it ideal for most players. What’s more, they prefer the VIP PreferredTM ACH/e-Check method, which is similar to bank transfers but requires different information.

In my personal opinion, though, I enjoy transferring funds directly from my bank account or Paypal into my BetMGM account. I think these are the easiest and safest methods because it keeps all of your information on your own bank’s (or PayPal’s if using a PayPal account) site, not making you give your data anywhere else. A couple of great alternatives missing from this operator which you will find on many legal online sportsbooks are Google Pay and Apple Pay casino deposit methods.

Potential Issues with BetMGM Deposit Options

BetMGM is not always perfect and sometimes there are issues when making deposits into your account. First, be sure to be making a deposit of at least $10 (deposit minimum) and that you’re located in a legal betting state. In some cases, the BetMGM mobile app or BetMGM online casino website may have geolocation issues, which in turn would not let you deposit funds until these issues are resolved.

Other problems might be related to fees, payment methods being declined, or delays in funds being posted to your account. While there are no fees from BetMGM, your bank or credit card might charge fees based on your bank or cardholder agreement that you’ve agreed to when signing up for those services.

Sometimes there are issues with banks or debit card deposits because of your bank’s security measures, which may not let you make a deposit to BetMGM out of caution of your identity being stolen. Finally, delays, while uncommon, do happen from time to time and will need to be fixed by getting in touch with customer service.

Customer Support

If any of the above deposit issues happen to you, be sure to contact customer support immediately to resolve these problems. BetMGM offers quick and reliable customer service that can get to the bottom of any of these issues and get you on the right track to fixing them (if they don’t do it for you).

BetMGM customer support is some of the best in the online casino and sports betting industry, giving live 24/7 service at the click of a button on the app or website or through a phone call if you’d like to talk to someone. You can find the customer support chat by the login/deposit button on the website/mobile app (shown below) or by calling (304) 451-7981.

BetMGM Payment Limits

Before creating your BetMGM betting account and making a casino or BetMGM sportsbook deposit, it is important you are aware that all operators, including BetMGM, apply limits to deposit and withdrawal amounts. Doing this allows the operators to control cash flow and ensures that all customers have enough funds in their accounts to wager. Different payment options have different limits applied:

  • Credit/Debit Cards: Cards such as Mastercard and Visa come with a minimum deposit amount of $10, with a minimum withdrawal amount of $20.
  • E-wallets (PayPal, Skrill etc): When depositing using e-wallet payment systems such as PayPal or Skrill, the minimum deposit amount is $10 and the minimum withdrawal amount is set at $20.

Bank transfers also have precisely the same limits on them as the options listed above. Additionally, we should mention that  you can only withdraw to a payment method if you have used that same method to add funds in the past 180 days. If you are a high roller, you might be happy to know that there are no maximum deposit and withdrawal amounts applied.

BetMGM Sportsbook Withdrawal Options

BetMGM has different withdrawal methods for any online casino account. They are easy and convenient for any gambler looking to cash out quickly. Click on the cashier button, and you will be prompted to choose a withdrawal method. All methods are free of fees, require a minimum withdrawal of $20, and take one to five business days to process (unless using a Play+ account). Withdrawing funds will be similar to making a deposit and will have similar options (table shown below).

💳Withdrawal Method⏱️Processing Time💰Min/Max Withdrawal💵Fees
Play+Instant$20/ UnlimitedFree
PayPal1-5 Business Days$20/ UnlimitedFree
Skrill1-5 Business Days$20/ UnlimitedFree
Bank Transfer1-5 Business Days$20/ UnlimitedFree
Wire Transfer1-5 Business Days$20/ UnlimitedFree
E-Check1-5 Business Days$20/ UnlimitedFree
Cash1-5 Business Days$20/ UnlimitedFree

Getting the Most out of your BetMGM Deposits

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Once you make a deposit at BetMGM, your objective should be to get the best value for it. The longer you can manage your funds, the more time and games you are able to play. This is something many new players tend to have trouble with. If you are in this situation, we have put together a few tips to help you achieve this.

First, it is important to set up a budget and stick with it. Games on BetMGM are extremely fun and you can easily get carried away. To ensure you don’t spend more than you are meant to, have a maximum bet amount that you should not exceed. The important part is sticking with the budget, as doing so will drastically minimize your expenses – allowing you to play more.

Also, you need to take note of the games you play. If you are working with a budget, it is advisable to aim for games that have low betting limits. There are games that will allow you to play for $5 or less which will be ideal for managing your bankroll. What’s more, you don’t want to go all in when making a wager. This is a risky bet that can cause you to lose money especially when you lose. We recommend you start small and gradually increase your wagers as you proceed.

Lastly, make sure you leverage the bonus offers available on BetMGM. This can help you extend your playtime on the site before you need to spend extra funds. You can use the exclusive BetMGM bonus code, GAMBLEUSA when registering on the platform. If playing on the sportsbook it gives you a $1,000 BetMGM risk-free bet, while you get a 100% match deposit bonus up to $1,000 + $25 no deposit bonus on the online casino. With these, you can enjoy tons of fun games before you have to use your own cash.

FAQs

  • Does BetMGM accept PayPal deposits?

    Yes! BetMGM accepts PayPal as a method to deposit money into your account with bank transfers and prepaid cards offered as well. A minimum deposit of $10 is required.

  • What is the minimum deposit at BetMGM?

    The minimum deposit amount for the BetMGM app or website is $10 through every form of deposit method, while the minimum withdrawal is $20.

  • Can I deposit at BetMGM with a debit card?

    Yes, if you have a Mastercard or Visa debit card, you can make a deposit into your BetMGM account using their secure online deposit method. All it takes is your debit card’s information and a minimum deposit of $10!

  • Are there any BetMGM deposit fees?

    The different BetMGM deposit methods are free of any deposit fees from BetMGM, although your bank might have standard costs for bank transfers or payments from your credit or debit card due to your bank account or cardholder agreement.

  • Is there a BetMGM prepaid card?

    While there is no actual physical prepaid card, BetMGM offers a prepaid account through Play+! You can find this option through the Play+ card, where you can prepay your gambling account with MGM resorts with a deposit of at least $10.

  • Is there a Neteller payment option at BetMGM?

    Unfortunately, there is not, but other options are similar to Neteller, such as PayPal and Skrill, that act as money transfer services from your bank to BetMGM.

  • How long do BetMGM deposits take?

    BetMGM deposits the funds immediately into your account, so if you’re experiencing delays, contact customer support here.

  • Are there BetMGM locations to pay with cash?

    Yes! There are several BetMGM locations to pay with cash and depositing at other places that may be more convenient! If you’re in Las Vegas or Atlantic City and near a BetMGM location, go inside and make a deposit of at least $10 at the casino cage or cashier at the sportsbook! Also any 7Eleven location in legal states!

  • What BetMGM bonus is there for the first deposit?

    BetMGM offers ongoing promotions throughout the year; however, they currently have a deposit bonus of a risk-free first bet worth up to $1000. You get free bet credits for whatever you may have lost if you lose. This means that by using the code "GAMBLEUSA" you can get a free wager on your first bet up to $1,000 as a welcome bonus. BetMGM bonuses compete with just about any other reputable online casinos and sportsbooks.

  • Can I pay at BetMGM with a Play+ card?

    Yes! The Play+ card is BetMGM's preferred online payment method to make a deposit or to withdraw funds.

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