Struggling with a gift idea for the sports-mad fan who already has everything? There is no better present than the BetMGM gift card.
BetMGM Gift Card – What Is It And Where to Buy One
The online sportsbook and iGaming brand has launched a BetMGM prepaid card that can be redeemed on their platform sports.betmgm.com. The BetMGM gift cards are among many features the operator provides.
BetMGM partnered with payments processing provider TAPPP to launch branded betting gift cards at retail outlets nationwide.
What is the BetMGM Gift Card?
The BetMGM Gift Card is a prepaid card that is used to fund your BetMGM account. All customers with active sportsbook or casino accounts can use BetMGM gift cards, they’re in no way tied to the person that actually purchased them. Hence, they can be used to either add funds to your own account or as a gift for someone else. Furthermore, the gift card can be used to fund both your BetMGM Casino and BetMGM sportsbook accounts.
The BetMGM gift card comes in denominations of $25 and $50 at more than 12,000 locations. Once the user activates the gift card, it can be used to bet on sports and play online casino games.
Besides serving as a useful gift, these cards also provide convenience by allowing you to quickly add money to your account without going through traditional, more complex, methods such as bank and credit card transfers. This is especially true if your bank disallows or hampers gambling and betting-related transactions.
Traditionally, bettors use Visa debit cards or a third-party merchant to fund their BetMGM account. However, prepaid cards are becoming more common. BetMGM has introduced an additional gift card option that helps avoid deposit failures when using the BetMGM mobile app or desktop site.
Lastly, a good reason to add funds via this card is due to the BetMGM gift card bonus of $10 that you receive automatically when depositing money this way.
Where Can I Buy A BetMGM Gift Card?
BetMGM gift cards can be bought in regulated states that allow sports betting at locations such as:
- Speedway
- Dollar General
- 7 Eleven
- Lowe’s
- Kum & Go
- Sheetz
TIP – You can use this handy store locator to check where the BetMGM Gift cards are available: Gift Card Store Locator
The list of BetMGM states includes:
- Arizona
- Colorado
- Florida
- Illinois
- Indiana
- Iowa
- Kansas
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Mississippi
- Nevada
- New Jersey
- New York
- Ohio
- Ontario
- Pennsylvania
- Puerto Rico
- South Dakota
- Tennessee
- Virginia
- Washington
- Washington D.C.
- West Virginia
- Wyoming
How to Redeem Your BetMGM Gift Card
Once you have purchased your gift card:
- Log in to your BetMGM account.
- Go to the cashier section.
- Select the TAPPP logo to select this option select this deposit option.
- Input the BetMGM gift card PIN number printed on the back of the gift card to complete the transaction.
There are no added fees for depositing via gift cards, and your account will instantly be credited with the funds.
How Gift Cards Comply With Responsible Gambling
Every state with a legal online gambling industry has programs tailored for individuals with gambling problems, including betting limits and exclusion lists. The stores that sell gift cards don’t have these programs in use to stop selling them to anyone who is part of such lists; however, BetMGM deals with that themselves.
BetMGM has revealed that they engage with their customers and see TAPP as the “perfect partner.” As part of this engagement with customers includes the need to ensure they are safe. The introduction of gift cards is merely to provide a convenient deposit method. Stringent measures to protect customers from gambling issues will still be in force.
BetMGM Gift Card Bonus
BetMGM offers a $10 deposit bonus with each prepaid card sold. There are no limits as to how many times you can redeem this bonus, but the promotion does come with playthrough requirements. The bonus amount comes with a 5x wagering requirement for sports betting and 15x for casino games. This means that you have to wager $50 on sports or wager $150 on the casino in order to withdraw any winnings tied to this bonus.
The bonus is rewarded in the form of promotional funds and cannot be withdrawn from your account. Also, the rollover requirements have to be completed within 7 days after redeeming the bonus or the remaining bonus funds will expire.
Bonus Restrictions
There are also certain restrictions that come with the gift card bonus. A quick breakdown of these requirements are as follows:
- 5x wagering requirement attached to all sports bets
- 15x wagering requirement when you play real money casino games
- All sports bets must be -200 or longer odds. For example, you could place wagers with odds of -100 or -150.
- All players must complete these wagering requirements within 7 days from deposit.
FAQs
What States Can You Bet in Using the BetMGM Gift Card?
- New Jersey
- New York
- Pennsylvania
- Louisiana
- Michigan
- Nevada
- Wyoming
- West Virginia
- Colorado
- Virginia
- Iowa
- Indiana
- Washington D.C.
- Tennessee
- Arizona