Almost all bettors like online platforms that offer reliable and secure transactions, and BetMGM withdrawal is a good example. At Outlookindia, we have explored the available options and will share an overview of each in this review.
BetMGM Withdrawal Methods in the USA
Being one of the best betting sites in the USA, BetMGM is a reputable platform that offers several ways to cash out winnings. The table below shows some popular BetMGM withdrawal options, along with the withdrawal range, 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 |
| Play+ PrepaidCard | $10 | Not Stated | 2-4 business days (after internal review) | No fee |
| VIP Preferred | $10 | Not Stated | 2-4 business days (after internal review) | No fee |
| Cage | $10 | Not Stated | 10-12 hours (after interval review) | No fee |
| Instant Banking | $10 | Not Stated | 2-4 business days (after internal review) | No fee |
| Check by Mail | $10 | Not Stated | 7-21 business days | No fee |
BetMGM Withdrawal Methods Explained
Many sportsbooks and some of the best online casinos in the USA offer reliable and secure payment methods. The following is an overview of the BetMGM payment methods for withdrawing your winnings.
Visa Card
BetMGM allows you to withdraw using a debit card. Many bettors prefer this method since it’s safe and easy to use. In addition, this withdrawal method doesn’t charge a fee when transferring money from your BetMGM account to your bank account. After an internal review, your funds should be reflected in your bank account within 24 hours.
eWallet
Most online gaming platforms offer eWallet as a withdrawal method. It’s a secure option; you don’t have to reveal your personal information to the betting site. At BetMGM, you have a variety of eWallet payment options. Here are the most popular:
- PayPal: This method offers safe and secure transactions. In this regard, PayPal and the sportsbook operator protect your personal information. Furthermore, using PayPal to withdraw ensures the transaction is made within 24 hours after internal review.
- Venmo: Venmo is another popular eWallet BetMGM payment method. It provides a user-friendly experience with quick and secure transactions. After an internal review, you should expect money in your account within 24 hours.
- Apple Pay: BetMGM also supports Apple Pay, which allows you to withdraw your winnings without delays. Apple Pay transactions are encrypted, and your details remain confidential. After an internal review, your winnings will be credited to your account within 24 hours.
Bank Transfer
BetMGM withdrawal time for bank transfers is two to four days after the internal review. Here are the popular bank transfer methods you can use at BetMGM.
- VIP Preferred: This popular method allows you to quickly transfer money from your BetMGM account to your bank account and vice versa. It provides a safe and reliable solution for fast processing.
- Online Banking: BetMGM allows direct withdrawals to your bank account via your online banking. The process is easy and safe as it doesn’t require any third-party service.
- Instant Banking: This is a convenient option, especially if you want to transfer funds securely and quickly.
Play+ PrepaidCard
This is a convenient and secure withdrawal option at BetMGM. Withdrawals using this method are fast; the maximum waiting period is 24 hours after internal review.
Cage
The platform allows you to collect BetMGM cash withdrawals from a partner casino’s cashier cage. To do so, you must visit one of BetMGM’s partner casinos with a valid ID and provide your account details.
Check by Mail
This method is available on BetMGM if you prefer a traditional way of receiving money. Here, you’ll be mailed a check at the address you used during registration. While this payment method takes a long time to process, usually 7-10 business days, it is one of the most secure and reliable.
How to Withdraw from BetMGM
Withdrawals at BetMGM are simple, but the platform will accept withdrawals using the same payment method you used for your BetMGM deposit. This means there are BetMGM withdrawal restrictions that will prohibit you from changing your withdrawal method.
With that in mind, here are the steps to complete your BetMGM withdrawal process.
- Visit the casino website and click the “Login” button to enter your BetMGM login details.
- Click on the “Account” icon on the homepage.
- Tap “Withdraw” in the cashier.
- Select the payment method. It should be the same option you used when depositing.
- Enter the amount you want to withdraw and tap on “Submit.”
BetMGM Withdrawal Time
Before processing payment, BetMGM will have to review the request, which takes three to five days. This may include checking if the BetMGM sign up details match those on your payment methods.
After that, the withdrawal processing time will vary from one payment method to another. Here is the table showing a few popular withdrawal methods along with the processing time:
| Withdrawal Method | Processing Time (After internal review) |
| Mastercard (Debit) | 1-3 business days |
| Visa (Debit) | Within 24 hours |
| Venmo | Within 24 hours |
| PayPal | Within 24 hours |
| Apple Pay | 1-3 business days |
| Online Banking | 2-4 business days |
| VIP Preferred | 2-4 business days |
| Instant Banking | 2-4 business days |
| Play+ PrepaidCard | Within 24 hours |
| Cage | Within 10-12 hours |
| Check by Mail | 7-21 business days |
BetMGM Withdrawal Issues
We’ve discovered from our BetMGM review that punters could face a few withdrawal issues. Among the main BetMGM withdrawal problems include:
- Lengthy Processing Times: Many bettors complain about long waiting periods when cashing out their winnings. The sportsbook undergoes an internal review that takes three to five business days. Once approved, you still have to wait a few hours to some days, depending on your selected payment method.
- Verification Delays: You must redo the verification if you want to change your payment method. This can take more time, inconveniencing some bettors.
BetMGM Sign Up Bonus – How to Get it
One of the standout features of BetMGM is the welcome bonus for both sports and casino players. Whether you use the BetMGM app or website, getting these bonuses is simple and fast.
For Sports:
- Register your BetMGM account via the app or visit the official website.
- Deposit at least $10 into your BetMGM sportsbook account.
- Place your first bet and get a BetMGM bonus code reward of up to $1,500 in bonus bets once your bet loses. Note that this bonus expires in seven days.
For Casino:
- Sign up for a BetMGM Casino account and become verified. You’ll receive a $25 house bonus, which is available for immediate use. Note that this bonus only has a 1x playthrough requirement on slots and jackpot slots. So, for every $1, you’ll have to place $1. Besides, you have up to seven days to complete the wagering requirements.
- Make your first deposit, a minimum of $10, and receive a 100% match BetMGM Casino bonus code reward of up to $1,000.
- Note that the match bonus expires after 30 days. Once the bonus has been activated, you have up to 14 days to fulfill the wagering requirements. These requirements can only be satisfied by playing Slots or jackpot Slots.
Conclusion – How to Withdrawal from BetMGM
As we summarize this BetMGM withdrawal review, the platform offers an easy process for claiming your winnings. While you may find internal review time too long to wait, the options available are reliable and secure.
| Withdrawal Method | ✅ Pros | ❌ Cons |
| Visa (debit) | No fee Fast processing | Limited to debit cards only |
| Bank transfer | Secure Direct transfer to your bank account | Long processing time |
| Venmo | User-friendly Fast processing | Limited availability depending on your location |
| Mastercard (debit) | No fee Secure | Long payout time |
| Apple Pay | Reliable Secure | Limited to iOS devices |
| Online banking | High payout limit No fee | Long processing time |
| Play+ PrepaidCard | Convenient Reliable | Long payout time |
| VIP Preferred | Easy to use Secure | Transaction fees might be involved. |
| Cage | Fast way to access cashReliable | You must appear in person to collect your money |
| Instant banking | Quick transfer Secure | Charges when transferring money |
| Check by Mail | Secure method No fee | Longest processing time |
BetMGM Withdrawal FAQ
How long does withdrawal take?
Withdrawals at BetMGM vary depending on the method you choose. However, before the payments are processed, you’ll have to wait for an internal review that takes three to five days.
How to cancel withdrawal on BetMGM
You can cancel your withdrawal, but this depends on its status. If it’s pending approval, you can cancel it and have it refunded to your betting account.
Why can’t I withdraw my winnings from BetMGM?
If you receive a bonus after depositing, you must meet the wagering requirements per the terms. Otherwise, you can only withdraw once you satisfy these demands.
Does BetMGM pay out real money?
Yes, BetMGM pays out real money. Once you meet the bonus wagering requirements and your withdrawal is approved, you can receive your funds via your chosen withdrawal method.
Does BetMGM have withdrawal limits?
Yes, there is a BetMGM withdrawal limit, which varies depending on the payment method selected.
What is the fastest way to withdraw on BetMGM?
The fastest withdrawal method at BetMGM is eWallet, which processes payment within 24 hours after approval.
