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betMGM Payment Methods Review

betMGM recently launched operations in Ontario, providing natives of the province with an online sportsbook, casino and poker room. A few safe and convenient payment options are accepted by the platform to fund your betting account. Players must be over the age of 19 and physically located in Ontario to make a deposit at betMGM. 

To learn more about the betMGM payment methods and how to make a deposit/withdrawal, see our full review below. You can also read our complete betMGM review to learn more about this bookmaker.

BetMGM
95/100
  • Great LIVE Betting Platform
  • Deposit with Interac e-Transfer

💳 Step-By-Step Payments Guide

If you’re in need of assistance to make either a deposit or withdrawal at the betMGM Ontario, check out the steps below. 

betMGM payment methods

How to Make a Deposit at betMGM Ontario

Before a user can deposit funds at betMGM Ontario they must first sign up for a betting account. Users may then:

  1. Visit the ‘Cashier’ section of the betMGM online website or mobile app.
  2. Pick a payment option you would like to use to deposit in your betting account.
  3. Fill in the required payment details and enter an amount you would like to deposit.
  4. Click the ‘DEPOSIT’ button.
  5. Cash will be deposited instantly into your bet account. Players will be able to bet on sports, play casino games and play online poker on the site with the deposited funds.

How to Make a Withdrawal at betMGM Ontario

To make a withdrawal of funds at BetMGM Sportsbook, Casino or Poker Room, users will first be required to make a deposit using the same payment method. Users may then withdraw by:

  1. Visit the ‘Cashier’ section of the betMGM online website or mobile app (learn more about betMGM mobile app).
  2. Pick a withdrawal option. Payment details should already be input.
  3. Enter an amount you would like to withdraw from your bet account.
  4. Click the ‘WITHDRAW’ button to complete the withdrawal process.
  5. Withdrawals can take up to 5 business days to process. Players will be able to cancel a withdrawal within this time period by visiting the ‘Pending Withdrawal’ section.

betMGM Ontario Payment Methods

There are currently 5 deposit options which can be used to fund your Sportsbook, Casino or Poker account. See the table below for full payment method details.

Method of DepositMin DepositFee of TransferProcessing Time
VISAC$10Free Instant
MasterCardC$10FreeInstant
PayPalC$10FreeInstant
Apple PayC$10FreeInstant
Interac Online BankingC$10FreeInstant

Withdrawal methods are betMGM at the current time are restricted to payment options first used for a deposit. Standard internal processing and approval time for withdrawals will remain up to 5 business days, irrespective of the option you select. You can only withdraw funds to a payment method if you have deposited with that method within the past 180 days. 

betmgm payment methods
Method of WithdrawalMin WithdrawalFee of TransferProcessing Time
VISAC$10Free 1-5 Business Days
MasterCardC$10Free1-5 Business Days
Interac Online BankingC$20Free1-5 Business Days

🙋 betMGM VISA/MasterCard- How it Works

Deposits and withdrawals can be made using your VISA or MasterCard credit or debit card. betMGM also accepts prepaid cards such as betMGM Play+ Card. All deposits and withdrawals made using VISA/MasterCard cards are free of charge. The min deposit amount is C$10.

🙋 betMGM PayPal- How it Works

PayPal is an online e-wallet that allows you to send and receive money using a secure internet account.  It’s one of the easiest and best ways to get funds into your betting account. All you need to do is add your bank account, credit card, or debit card details, and your bank account will be linked to your PayPal account. At the moment PayPal is only available for deposits and not withdrawals at betMGM. The min. deposit amount for PayPal is C$10.

🙋 betMGM Apple Pay- How it Works

Apple Pay is an online mobile payment and digital wallet service that allows users to make payments in person, in iOS apps, and on the web using Safari. It is supported only on iOS devices sold by Apple. Apple pay is only offered for deposits and not withdrawals at betMGM at the moment. The minimum Apple Pay deposit amount is C$10.

🙋 betMGM Interac e-Transfer- How it Works

With Interac e-Transfers you can transfer funds from over 250 banks and financial institutions in Canada through your online banking. Both deposits and withdrawals are free of charge on the side of the betMGM sportsbook, casino and poker room. A fee could however be charged by your bank. The minimum deposit amount for Interac e-Transfers is C$10.

betMGM Ontario Customer Service

Users will be able to contact customer support 24/7 through both live chat and email. Support is available in both English and French. Response times for live chat are generally under 2 minutes. Email replies can take up to 4-5 hours based on the number of inquiries.

betMGM Payment Methods FAQ

Looking for quick answers to frequently asked questions about betMGM payment methods? Read our detailed betMGM payment methods FAQ below.

What are the fees for deposit and withdrawal methods?

Both deposits and withdrawals are free of charge on the side of the operator at betMGM Sportsbook & Casino/Poker. A fee could however be charged by your payment provider in some cases.  (T&Cs may apply)

How does the proof of identity process work?

To make a withdrawal, users may be required to verify their identity. To do this you will need to upload a photo of valid government ID and a selfie. (T&Cs may apply)

What is the minimum deposit & withdrawal amount?

The minimum deposit amount for a betMGM account is C$10 for all deposit methods. Minimum withdrawal amounts vary between C$10-20 based on the payment method.

How long are deposit and withdrawal processing times?

For the most part, all deposit methods are instant. Withdrawal processing times can take between 1-5 business days.

How can I cancel a withdrawal?

You will be able to cancel a withdrawal before it is successfully processed in the ‘Pending  Withdrawal’ section. Already processed withdrawals will not be available for cancellation. (T&Cs may apply)

Do all methods listed above apply to international transfers?

Yes, like most gambling sites, all methods listed above apply to international transfers. A special fee could however be charged by your payment provider for international transfers.

What payment options are available at betMGM Sportsbook & Casino?

You will be able to make a deposit or withdrawal using the following payment methods are betMGM Sportsbook & Casino in Ontario:

– VISA
– MasterCard
– PayPal
– Interac
– Apple Pay

19+ | Please play responsibly | Commercial Content | Terms and Conditions apply