How to Deposit at BetMGM? Quick, Easy, and Secure Options

Read our detailed BetMGM deposit guide to uncover how to deposit money in BetMGM Sportsbook. Fund your BetMGM account in no time today!

Luke Jones
Luke Jones

Last Updated: 2024-10-07

Ziv Chen

6 minutes read

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    After creating your new account, you’ll need to use one of the accepted payment methods to make a deposit before you can start betting on BetMGM Sportsbook. The payment process is incredibly simple, but it’s important to understand how it works to ensure your first payment goes smoothly. 

    In this guide, we’ll explain how to deposit money in BetMGM and which methods are available.

    BetMGM Deposit Methods

    After logging into your account, you can open up your wallet and choose one of the available payment methods to make a deposit. BetMGM’s deposit options include a range of popular and secure options, including e-wallets, mobile methods, and debit cards, ensuring making deposits is fast, simple and convenient. 

    The payment options include:

    • Visa Debit Card
    • Mastercard Debit Card
    • PayPal
    • Apple Pay
    • Google Pay
    • Bank transfer

    BetMGM Deposit Time

    All deposits are instant, with the BetMGM deposit time ensuring your funds arrive as soon as you confirm the transfer. If your deposit hasn’t arrived in your account within 14 minutes or you experience an issue with the payment, you can contact the support team. 

    Here’s some more information on how long BetMGM deposits take:

    Deposit Method

    BetMGM Deposit Processing Time

    Visa Debit card

    Instant

    Mastercard Debit card

    Instant

    PayPal

    Instant

    Mobile wallet

    Instant

    Bank transfer

    Instant 

    BetMGM Deposit Fees

    All BetMGM deposits are free, with no fees or hidden charges. Provided you pay using the correct currency, you won’t be charged for adding funds to your account or face a BetMGM deposit problem. 

    Minimum and Maximum Deposit Limits

    The minimum deposit in BetMGM is £/€10. You’ll need to deposit at least this in order to get started. This is also the BetMGM minimum deposit amount you’ll need to meet in order to qualify for the BetMGM welcome bonus.

    When you first sign up, you can choose a daily, weekly or monthly deposit limit, but limits may also be in place for some payment methods. 

    Deposit Method

    Minimum Deposit

    Maximum Deposit Limit

    Visa

    £/€10

    £/€3,000

    Mastercard

    £/€10

    £/€3,000

    PayPal

    £/€10

    £/€10,000

    Apple Pay

    £/€10

    £/€3,000

    Google Pay

    £/€10

    £/€3,000

    Bank transfer

    £/€10

    £/€10,000

    Unaccepted Payment Methods

    BetMGM supports a few of the UK’s most secure, popular, and convenient payment options. However, the online sports betting site doesn’t accept as many deposit methods as some other sportsbooks. For example, you won’t be able to fund your account using other popular eWallets such as Neteller and Skrill. 

    BetMGM Sportsbook also doesn’t accept cryptocurrency payments. However, this is a sign that the sportsbook is operating securely since the UKGC doesn’t permit cryptocurrency deposits and withdrawals. 

    Luke Jones
    Luke JonesSports Betting Writer

    With over a decade of experience writing about sports, sports betting, and iGaming, Luke has witnessed the industry’s evolution first-hand. A fan of football, blackjack and live dealer games, Luke is always keeping an eye on the sports betting and iGaming scenes.