Many Online betting platforms in the USA offer reliable ways to fund your account, and BetMGM deposit methods are no exception. At Outlookindia, we have explored all the available deposit options and are here to share these methods with you in detail.
As one of the best betting sites in the USA, BetMGM offers a variety of secure deposit options. Here is a table showing some of the popular methods, along with the BetMGM deposit limit, processing time, and fee:
| Withdrawal Methods | Minimum Withdrawal | Maximum Withdrawal | Withdrawal Time | Withdrawal Fee |
| Visa (Debit only) | $10 | Not Stated | Within 24 hours (after internal review) | No fee |
| PayPal | $10 | Not Stated | Within 24 hours (after internal review) | No fee |
| Venmo | $10 | Not Stated | Within 24 hours (after internal review) | No fee |
| Mastercard (Debit) | $10 | Not Stated | 1-3 business days (after internal review) | No fee |
| Apple Pay | $10 | Not Stated | 1-3 business days (after internal review) | |
| Online Banking | $10 | $25,000 | 2-4 business days (after internal review) | No fee |
Transactions are secure and reliable for both BetMGM withdrawal and deposit processes. The following is an overview of the popular methods you can use to fund your BetMGM account:
BetMGM allows you to fund your account using Visa, MasterCard, or Discover. This is a secure method; the minimum deposit amount supported is $10.
In addition, the transactions are instant. However, some card issuers may apply additional fees when processing payments on online platforms.
Also, some banks will not process debit card transactions for online gaming. This means you need to contact your card issuer to know if there are any limitations or fees associated with online casinos and sportsbooks.
You can also deposit money into your BetMGM account using PayPal. This reliable and secure method processes your BetMGM payment instantly.
The minimum amount you can deposit using PayPal is $10. To make a deposit, you can use your PayPal account balance. However, if you have insufficient funds, you can easily top it up using your personal bank account.
PayWithMyBank is one of the most secure online banking methods for funding your BetMGM account. It’s safe because you deposit from your bank account without leaving the BetMGM platform. You don’t have to sign up or share additional personal details.
The BetMGM minimum deposit here is $10; no fees are associated with this service.
VIP Preferred e-Check allows bettors to transact with BetMGM and several of the best online casinos in the USA. You can use ACH, check cashing, and e-check services to deposit a minimum of $10, which will be instantly reflected in your BetMGM account.
You need to enroll with VIP Preferred by providing your bank’s routing number, driver’s license number, and account number. This will allow you to transfer funds directly from your bank account to your betting account.
Another option for funding your account is a wire transfer. This electronic payment service allows bettors to transfer funds from their bank accounts to online betting accounts.
Note that after your BetMGM sign up, the minimum you can deposit using a wire transfer is $1,000. In addition, the processing time may take up to five business days. While this method may take a long process, it’s still secure and reliable.
With PayNearMe, you can fund your account at the local store. You only need to generate the PayCode from the cashier.
To get this code, you must choose PayNearMe, which will be sent to your phone or email. You’ll then visit your selected store and use cash to deposit to your BetMGM account.
This is a convenient and secure method to fund your BetMGM account. You’ll need to register for a BetMGM Play+ to use this method. Then, use it to fund your betting account using a bank transfer or credit card.
You can deposit a minimum of $10 and expect the funds to reflect in your account instantly. However, remember that the card issuer may incur additional costs/fees when transferring funds from your bank account to BetMGM Play+.
The BetMGM Reward Mastercard is a unique payment method offered by BetMGM. It allows you to fund your account as a purchase.
Usually, whenever you make a deposit, you get one point and one tier credit for every dollar. You can read the terms and conditions to understand how this payment method works.
When it’s time to deposit to your account, BetMGM offers an easy process that takes only a few steps. Here is the procedure you need to follow:
Once you deposit into your account via the BetMGM app, you’ll note that most methods have the same processing time. Here is the table showing the deposit method and the expected time for the funds to reflect in your account:
| Deposit Method | Processing Time |
| Credit/Debit card | Instant |
| PayPal | Instant |
| Online banking | Instant |
| Bank wire transfers | 1-5 business days |
| VIP Preferred e-Check | Instant |
| PayNearMe | Instant |
| Venmo | Instant |
| MGM Reward Mastercard | Instant |
| Borgata Resort Cashier | Instant |
| Prepaid/ Gift Card | Instant |
| BetMGM Play+ | Instant |
| GAMEON Card | Instant |
| PromoCode | Instant |
While BetMGM offers reliable deposit methods, during our BetMGM review, we encountered some issues. The common BetMGM deposit problems include:
Your deposit can also be declined if you don’t meet the minimum and maximum deposit limit requirements. To avoid this, you should deposit using the platform’s terms and conditions.
The best thing about BetMGM is the attractive welcome bonuses for casino and sports bettors. We’ve discussed them in detail below:
When you’re a new member, the platform rewards you with a 100% bet bonus of up to $1,500. Here are a few steps you need to follow to get this bonus:
Casino lovers are also included. The platform offers a 100% welcome bonus of up to $1,000 plus $25 on the house. For you to receive the BetMGM casino bonus code offer, here is what you need to do:
In summary, depositing money into your BetMGM account is easy and secure. Whether you’re a high or low roller, the funding options here are endless, and you’re sure to find an option that fits your needs.
| Deposit Method | ✅ Pros | ❌ Cons |
| PayPal | Reliable Instant | Transaction fee when transferring from bank to BetMGM |
| Online Banking | No additional signupInstant | Limited to certain banks |
| Bank Wire Transfer | High limitSecure | It takes a long time to process |
| Apple Pay | Convenient and secureInstant | Limited to iOS users |
| American Express | Highly secure Reliable | Some charges, especially when transferring from bank account to AMEX |
| Venmo | User-friendlyNo fee | Delay when transferring money from bank to Venmo |
To deposit funds, log into your account. Then, click the balance icon at the top-right corner, hit “Deposit,” choose your preferred method, and follow the prompts. You can also claim a BetMGM deposit bonus code after funding your account.
The BetMGM deposit time for most methods is instant except bank wire transfers, which can take one to five business days.
The minimum deposit for most methods is $10, except for bank transfers, which allow a minimum deposit of up to $1,000.
The BetMGM $25 bonus is available for casino lovers newly signed up for an account. The sportsbook provides this bonus immediately after signing up.
BetMGM allows you to cash out early to lock in on your winnings or reduce losses.
