BetMGM Online Since: 2002

Deposit and withdrawal methods

Financial transactions on BetMGM are simple and most importantly, secure. The following are facts you need to know about depositing and withdrawing funds on BetMGM.
 

• You need to verify your identity and age before making your first withdrawal. You can do this by uploading a photo of your ID.
• To make a deposit, click the “Deposit” button on the top right corner and select your preferred deposit method.
• Withdrawal might take up to 5 business days because every withdrawals placed on BetMGM must first get approved by the sportsbook’s internal review team.
• To make a withdrawal, click My Account in the top right corner and move to the Cashier page. There, click withdrawal and choose your preferred withdrawal method.
• BetMGM does not charge any fee on withdrawals and deposits.

Below are some of the withdrawal and deposit method available at BetMGM

• MasterCard
• Visa
• American Express
• Paypal
• Electronic Transfer
• PayNearMe
• Apple Pay

Promotions

 
NFRI Fridays: Placing a No Run First Inning wager on a Friday MLB game qualifies you for a refund of your initial stake on the condition that only one run is scored. The refund will be given in the form of Free Bets and with this, you can get up to $20 in Free Bets.
 
One Game Parlay: Get your initial MLB stake back if your One Game Parlay misses by just one leg. You can get up to $25 with this promotions and it will be awarded to you in form of Free Bets.
 
Refer a Friend: What’s better than inviting your friends to place bets with you? Getting cool incentives while doing it. Yes, BetMGM offers you cash referral bonus when you send your friend a Refer A Friend Invitation. You and your friend will receive $50 cash referral bonus each once your friend meets the basic wagering requirements upon registration. What’s more, You can invite up to 20 friends and get the referral bonus every time. Refer your friend and enjoy the incentives BetMGM has to offer.
 
Cash Out: Have you ever lost a wager and wished you could have cashed out your win earlier? This is what BetMGM provides with their Cash out promo feature. This promotion gives you the opportunity to buyout before the final outcome of the event(s). You get paid a percentage of your potential winning either at halftime or third-quarter. With Cash out, it doesn’t matter what the final outcome of the game is, you are guaranteed a win. That way, you minimize losses and are guaranteed a profit.
To take advantage of this promotion, click “Cash Out” in the My Bets section of your vet slip. You also have the chance to activate Auto Cash out.
 
Edit My Bet: As an avid wagerer, it is not uncommon to wish you could make some changes to your wager after you’ve already placed it. We’ve all been there.
 
Good thing is that BetMGM makes it possible for you to edit your bet. You can make the following changes with this feature:

• Adding more selections to your bet.
• Removing some selections from your bet.
• Swap some selections in your bet for other ones.
• Increasing your bet stake.