Maryland sports betting » Banking options

Banking options

Maryland sites offer a diverse range of banking options. In this article, we’re going to show you which are the best for making withdrawals and deposits at certain Maryland sites. We’ll show you the pros and cons of each banking option.

Best betting sites with banking options in MD 2024

Caesars Sportsbook Banking options Caesars Sportsbook Up to $1,250 bonus Bet now Caesars MD bonus code
BetRivers Banking options BetRivers Sportsbook Up to $500 in bonus bets
  • Great bonus terms
  • Excellent loyalty program
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DraftKings Banking options DraftKings Sportsbook Bet $5, get $150 in bonus bets
  • Same game parlay boosts
  • Multiple in-game bonuses
Bet now DraftKings MD promo code
Betfred Banking options Betfred Sportsbook Get up to $1,111 in Fred Bets Bet now
BetMGM Banking options BetMGM Sportsbook Up to $1,000 in bonus bets
  • Free live streams
  • Early Cashout feature
Bet now BetMGM Maryland bonus
FanDuel Banking options FanDuel Sportsbook Bet $5 get $200 in bonus bets Bet now FanDuel Maryland promo
PointsBet Banking options PointsBet Sportsbook Five Second Chance Bets Up To $100 Each Bet now PointsBet MD promo code
Crab Sports Banking options Crab Sports Up to $250 in bonus bets
  • Great live betting options
  • Parlay boost
Bet now Crab Sports promo code

Overview of payment options in MD

On this page, we’ll point you in the right direction of which online banking options rock (and which need work). So if you’re ready to immerse yourself in the fast-paced MD sports arena, you’ll find the info you need to make your first deposit safely, securely, and fast right here.

If you’ve still got some concerns after the page’s end, check out the FAQs section at the bottom, where we’ve got the answers you need.

Banking available for MD

Once you’ve registered with a handful of MD gambling sites, the first thing you’re going to want to do is to deposit some funds into your account. Your choices are extensive:

How do you choose? We’ll break that down for you in this guide. We’ll answer MD sports fans’’ biggest questions. We will even make it extra easy and show you which MD bookies offer the widest variety of banking options. Especially if your interested in Fast Payouts.

Here’s what you need to know to top up the coffers for MD sports online. (Including for events like The Super Bowl)

ACH (Instant eCheck)


Online fans across MD choose ACH, and for a good reason. ACH, which is widely known as eCheck, is an ultra-fast, easy, secure way to fund your accounts in Maryland. All you need to get started is an online checking account. Conveniently, ACH is also one of the most widely accepted banking options on licensed MD sites.

Here’s how it works:

You select a licensed MD sports gambling with ACH as a payment type. You supply your bank’s name, routing number, account number, and bank account city so your site can establish a direct connection with your account. From there, you log in and make deposits and withdrawals instantly—and securely.

Pros; cons for using ACH


  • Widely accepted by major MD sites.
  • Convenient—you can complete an online transaction in less than 2 minutes from the comfort of your home.
  • Zero transaction fees.
  • Non-restrictive withdrawal and deposit limits—you could even pay a mortgage with ACH.
  • Fast turnaround times—1-3 days. You might not see the funds leave your account for up to 5 days, but funds will appear in your account much sooner than that.
  • One of the only Maryland banking options for both withdrawals and deposits at the sites.


  • Unavailable if you don’t have an online checking account with a major bank

Which legal Maryland sites use ACH?

All of them. All our preferred MD sportsbooks accept ACH via VIP Preferred, including DraftKings, FanDuel, BetMGM, PointsBet, FoxBet, Barstool Sports, and Caesar’s / William Hill.


PayPal might be the most well-known e-wallet internationally, and the payment platform makes it safe, secure, and familiar to process funds directly to your online Maryland account.

Here’s how it works:

Once you’ve set up a PayPal account, you need to fund it. You’ll do that either by bank transfer or credit/debit card / P2P transfer. Then, select the PayPal icon in your account at any participating MD operator, and follow the prompts to complete the top-up. Essentially, you pay PayPal, and PayPal pay your sports gambling site.

Pros; cons for using PayPal


  • Reliable and ultra-safe—trusted by millions of businesses (and 180+ million people) worldwide
  • It can also be used as a withdrawal option if you have previously made a deposit using the same PayPal account
  • Familiar
  • Widely used at Maryland sites
  • Zero fees for deposits, but sometimes there will be a fee on a withdrawal to your PayPal account


  • Must use a personal PayPal account for deposits—business and premier accounts are not accepted
  • Your login email at the sports site must match your PayPal email address
  • Zero fees

Which legal Maryland sites use PayPal?

Again—all of our preferred sportsbooks in MD accept PayPal.

Credit/debit cards

If you’ve ever shopped online, you already know how easy it is to whip out the trusty old credit card. Most sites in Maryland accept major credit cards—like Visa, MasterCard, Discover, and American Express—so if plastic is your preferred payment method, you’ll be in luck. For deposits, at least. So far, there are no licensed ones in MD that will payout to a credit or debit card.

Here’s how it works:

It’s just like shopping online or joining any subscription service—enter your details into the payment gateway from your account, and voila! Fresh cash for your wagers.

Pros; cons for using credit/debit cards


  • Familiar
  • Safe and reliable
  • Fast processing means instant funds in your account
  • Accepted at all MD gambling sites
  • Zero transaction fees


  • Lower deposit limits are often set by card providers to combat fraud
  • Some card providers view deposits to online sites as cash advances, not payments.
  • No cashout option

Which legal Maryland sites use credit/debit card?

Every licensed online bookie in MD accepts major credit and debit cards for deposits.



Prefer to do all your betting in cash? You can, even when you’re at an online site. PayNearMe doesn’t even require you to have access to a bank account.

Here’s how it works:

You’ll need to get started by downloading the PayNearMe app. From there, set up your account. When you’re ready to top up your Maryland sports account, head over there (digitally) and generate a PayNearMe barcode. Take the barcode and your cash to a participating store—like 7-Eleven, CVS, Walmart, or Casey’s. You’ll pay the teller your cash and receive a code to input into your account.

Pros; cons for using PayNearMe


  • Handy for people who don’t want to use their banking details or credit card information
  • A great cash-only option for those without a bank account
  • Becoming more widely accepted with licensed MD operators.


  • Transaction fees can vary
  • $500 deposit limit per day
  • Since you have to visit a retail store to complete the transaction, it can be the most inconvenient banking method
  • Requires use of a third-party app
  • Slower than the above payment methods
  • No cashout option

Which legal Maryland site PayNearMe?

Caesar’s / William Hill, BetMGM, FanDuel, and DraftKings accept PayNearMe for deposits in MD.

Using Neteller, Skrill, and other e-wallets

PayPal might be leading the e-wallet race, but other providers like Neteller and Skrill aren’t too far behind. There are a few advantages that those two e-wallets have over PayPal, too.

If you are already using one of the other mainstream e-wallets for your online shopping, it would make sense to keep all your entertainment funds together (that’s right, we’re calling an entertainment expense).

Here’s how it works:

First off, you’ll need to put funds in your e-wallet account. From there, you’ll select the corresponding e-wallet icon from your betting site’s account page and follow the prompts to top up your account. You’ll be taken to a secure page for your e-wallet account to finalize payment.

Pros; cons for using e-wallets


  • Secure and reliable
  • Allows you the convenience of paying online without sharing your bank account or credit card information
  • It May be able to be used for deposits (depending on the provider and the provider)
  • Familiar and fast


  • Transaction fees apply
  • Neteller has restrictive upper limits for transactions and high fees
  • May not qualify for MD online deposit bonuses
  • Limited availability—PayPal still leads the pack with local Maryland sites

Which legal sites use e-wallets other than PayPal?

Ok, this one can be complicated. BetMGM, FoxBet, and Barstool Sports accept Skrill for both deposits and withdrawals in MD. Caesar’s accepts Skrill for deposits and withdrawals and Neteller for deposits only. We recommended confirming with your individual MD provider since their stance on e-wallet payment options and platforms are updated rapidly.

Online Banking Transfers

An online bank transfer is dependent on two things—and therein lies the problem. Firstly, it’s not a widely accepted banking option at Maryland online sites—so you’ll need to shop around to find one that offers an online bill pay service or PayWithMyBank. Second, you’ll need to be banking with a participating financial institution, like the Bank of America, Chase, HSBC Bank USA, and PNC.

Here’s how it works:

Login to your banking portal and enter the required details to make payment. Accept the payment information, and your funds will be transferred to your MD account.

Pros; cons for using online bill pay


  • Reliable and ultra-safe—you don’t need to give out your financial information


  • No cashout option
  • It can take up to 3 working days, so it requires forward planning
  • Not widely available
  • High transaction fees through banks

Which Maryland sites use online bill pay?

DraftKings Maryland, BetMGM MD, and Caesar’s accept online bill pay for deposits only.


PaySafeCard is a prepaid card that you can pick up from participating retail stores across Maryland. It’s safe, it’s simple, and it’s another convenient way to top up your digital account non-digitally.

Here’s how it works:

Purchase a PaySafeCard—it comes pre-loaded with various amount options. Then, navigate to the PaySafeCard payment page at your MD sports site. Follow the prompts and enter a 16-digit PIN code. Note: you don’t need to use the entire pre-loaded dollar amount at once.

Pros; cons for using PaySafeCard


  • Fast—funds clear as quickly as with a credit/debit card
  • Private—you don’t need to share your financial information
  • Maryland sites won’t charge any fees—but PaySafeCard charge up to 10% of the purchase price when you top up your prepaid card


  • Restrictive upper and lower deposit limits
  • No cashout option
  • Inconvenient—you need to find a participating retailer

Which legal Maryland sites use PaySafeCard?

Only PointsBet accept PaySafeCard for funding your sports betting in MD at the time of writing.

Play+ prepaid Cards

Play+ is a relatively new player in the sports banking options arena—and it’s a good one. It’s fast, easy, and has the backing of a major credit card brand. It’s also got a high approval rating amongst seasoned sports bettors.

Here’s how it works:

Navigate to the Play+ option on a participating the sites deposits page. Click enroll, and enter your details as prompted. Then, verify your account and add funds to your Play+ account via PayPal, ACH, or credit/debit card. You’ll receive a physical Play+ card within around 2 weeks, but you can use your account online straight away.

Pros; cons of using Play+


  • Can be used at any MD site that accepts Discover card
  • Safe and secure
  • Can be used to cashout
  • Can also be used at ATMs


  • Structured fees

Which sites use Play+?

All our chosen operators in MD will accept Play+ cards, even if they were issued through another site.

FAQ banking options at Maryland gambling sites

Which licensed Maryland bookie has the most banking options?

Caesars Sportsbook Maryland offers nearly every banking option in the US, plus it’s safe, secure, and has one of the most user-friendly interfaces we’ve seen. BetMGM is also a strong contender.

What are the main withdrawal options for Maryland operators?

Your most common options for withdrawals are ACH (Instant eCheck), PayPal, Play+, and Trustly.

Where does Maryland sports revenue go?

Good question, because it’s a lot of money—up to $20 million a year in tax revenue. It has been earmarked for funding public education.

How do I use online banking?

First, you’ll need to be at least 21 years old and have a current, state-issued ID. Then, although you can sign up from anywhere, you’ll need to be physically in Maryland to verify your location.

Do MD gambling sites have a minimum deposit limit?

Yes, but they all vary. As an example, DraftKings has a minimum deposit of $5. However, BetMGM has set their limit at $10, and Caesar’s / William Hill at $20.