How do I Withdraw Funds from BetMGM?

By Alex Smith, Last updated Dec 5, 2024

BetMGM Casino is among the most popular online casinos and sportsbooks in the United States. The casino mainly targets players from Michigan, Nevada, New Jersey, Iowa, West Virginia, Wyoming, Virginia, Tennessee, Colorado, and Pennsylvania. A vast number of betting markets and casino games are available.

From Our Forum: “Bet MGM Refuses To Pay Winner Over 3 Million“

One of the reasons why BetMGM Casino is so famous is due to the wide variety of bonuses and promotions, and this includes regular free bet offers and generous casino match bonuses. Many players may be familiar with BetMGM Casino purely from a casino standpoint. However, in the last few years, they have ramped up their efforts in the online sports betting world and are now one of the biggest sports betting websites in the USA.

However, many players ask us how they can go about withdrawing money from BetMGM Casino. In this guide, we’re going to show you exactly how to withdraw money from your BetMGM Casino account.

Withdrawing Money From Your BetMGM Account

BetMGM Casino has done everything possible to make withdrawal easy. Log in to your account from the desktop website and mobile app. Withdrawals can be made from the desktop website and the mobile casino app. Click on the “my account” button in the top right corner. You will then navigate to the cashier page.

Once you have opened the cashier page, you must choose the withdrawal method you would like to use. Input the amount of money you wish to withdraw, and hit the confirmation button. Your withdrawal request will then be sent directly to the casino, and they will process it within 1 to 3 working days.

Please note that the minimum withdrawal you can withdraw from BetMGM Casino – whether you are betting in their casino or sports book – is $20. You should also be aware that you can only use a withdrawal method if you have used it to deposit within the last six months. If you cannot make a withdrawal back to the deposit method you last used, you are advised to contact the customer support team for further information.

From Our Forum: Do NOT Deposit At BetMGM

Withdrawal Method / Payment Method Options

BetMGM Casino has worked tirelessly to offer players as many deposit and withdrawal methods as possible. However, unfortunately, not all casino payment methods that can be used to make deposits can be used to make withdrawals. For example, while you can fund your account using a credit or debit card, you cannot currently make withdrawals back to your card. This is something we would like to see change in the future.

In the sections below, we will be looking at some of the leading payment methods you can use at BetMGM Casino to withdraw your cash. Please note that some of these withdrawal methods may not be available, depending on where you live.

We should also point out that when you make withdrawals at BetMGM Casino, they are made using the latest technology and encryption software. This offers you fantastic layers of protection and ensures that your personal and sensitive information is always secure.

Bank Account Transfer

A bank transfer is the easiest way to withdraw money at BetMGM Casino. While this is not the quickest option, it does mean that you withdraw straight into your bank account. However, depending on where you live, the minimum withdrawal fee for a bank transfer can be as high as $100.

Once BetMGM Casino has processed your withdrawal request, it can take up to 7 working days for the funds to appear in your bank account. Usually, it doesn’t take this long – and you can expect to wait around a couple of days. However, bank transfer payment systems in the United States are not yet as advanced as those found in Europe, and this means instant transfers are currently out of the question.

Cash

If you frequent the BetMGM Casino in Las Vegas, you can withdraw your money using cash. This is quite a unique way of withdrawing, and if you choose to use this option, you will need to head to the casino with proof of your ID. You will also need to answer some security questions. If the casino has successfully verified your identity, they will simply hand you cash which will automatically be deducted from your online casino account balance.

Wire Transfer

A wire transfer is almost identical to a bank transfer, although depending on your bank, timeframes can be either shorter or longer. Wire transfers can also cost more money, so, where possible, we will advise you to use a bank transfer instead.

Once BetMGM Casino has processed a withdrawal request, a wire transfer typically sees the money credited to your bank account balance in 3 to 5 working days.

Couriered Check

BetMGM Casino allows you to withdraw money via cheque – and if you choose to do this, the check will be sent via courier. Not only is this beneficial from a security point of view, but it’s also handy for you, as, usually, you can track the location of the check in real-time from the shipping company’s website.

However, the minimum withdrawal to use the check is high – between $100 and $500, depending on where you live – and it can take up to 10 working days for you to receive the check once the casino has processed your withdrawal request.

PayPal

PayPal is a new addition to BetMGM Casino, which is not available to players from every state. PayPal is a fantastic way to withdraw money from an online casino. Once the casino has processed your withdrawal request, the money will be credited to your PayPal account. You can then send the money from your PayPal account to your bank account.

Creating a PayPal account is easy and does not cost you any money. However, you will likely need to undergo additional verification checks on PayPal’s side to confirm your identity.

Sk3rill

Skrill is another popular e-wallet like PayPal, although many consider it a more gambling-friendly option. Skrill is a payment method at virtually every online casino worldwide, although US-facing sites seldom offer it due to regulatory concerns. This does, however, look to be changing.

The major benefit of using Skrill is that once the casino has processed your withdrawal request, the money will be available in your Skrill account within just a few minutes. You can then withdraw money from your Skrill balance to your bank account – and this process can take anywhere from just a few minutes to 5 working days, depending on your bank and country.

Unfortunately, while Skrill is free to use, you pay a fee when you withdraw money back to your bank account. This fee has increased significantly in the last couple of years, which is why many players have started choosing alternative payment methods.

How Long Do BetMGM Withdrawals Take?

When you make a withdrawal at BetMGM Casino, your request is first sent to the finance team. They will take a quick look over your account, ensure you have already verified your age and address, and check for any irregularities that may be a cause for concern. Once they are happy that everything is above board, they will approve your withdrawal. This entire process generally takes between 24 hours and 48 hours.

Once the casino has processed your withdrawal, it will depend on the payment method you used to determine how long it takes for the money to reach your account. For example, if you withdraw using a bank transfer, the money is typically available in your account within five working days. Using cash, on the other hand, allows you to claim your winnings instantly – and when you use an e-wallet like PayPal or Skrill, the money will be available in your e-wallet balance immediately once the casino has processed your request.

Unfortunately, once BetMGM Casino has processed your withdrawal, they will rarely be able to provide any updates on where the money is or how long it will take to reach your account. Once they send the money from their side, their job is done – unless the money is sent back to them, they will have no further input.

Why Can’t I Withdraw?

While BetMGM Casino has worked hard to make the withdrawal process as easy as possible on their website, there are occasions when you may run into problems when trying to make a withdrawal. The most likely cause that your withdrawal was denied is that you haven’t completed an identification check. This is required of all players, and you will need to upload a copy of your driving license or passport, along with proof of address.

If you have an active bonus on your account, you will also not be able to withdraw until you have completed the wagering requirements. You can check the current wagering requirements for any bonuses from within your account section – but don’t hesitate to reach out to the casino’s customer support team if you have any questions about bonuses remaining in your account.

Generally speaking, making withdrawals at BetMGM Casino is very straightforward. However, if you run into any problems, simply reach out to the customer support team via email or telephone, and they’ll be happy to help you. The support team is available 24 hours a day, seven days a week, and waiting times are usually rapid; it’s rare for players to wait more than a few minutes to be connected with a team member.

If you head to the withdrawal tab and find it’s impossible to withdraw from your BetMGM account, check whether you have a deposit bonus active on your account. You may also need to deposit funds using different payment methods. If deposit bonuses are active on your account, you will not be able to withdraw from your BetMGM account.

This is why, before claiming a deposit bonus, you should consider whether you want to get tied into a bonus on your BetMGM account. Before you can transfer funds (and transaction fees may apply), you need to complete the wagering requirements of the deposit bonus.

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