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PayNearMe Betting Sites

Modern betting is all about fast and easy deposits. To enjoy this, most payment methods require that you have a bank account and provide your credit/debit card information. But some people don’t have a bank account or don’t want to share their financial details. This is where PayNearMe betting sites come in.

PayNearMe is a payment solution for those who prefer to keep their information private. It’s also fast and somewhat convenient. But how suited is it for online betting? And how do you use it on the betting sites that accept PayNear Me? 

Table of Contents

 

Betting Sites that Accept PayNearMe

 

PayNearMe is just over a decade old. But it’s already a common and trusted payment option in many online sportsbooks. The top betting sites that accept PayNearMe include:

1.  Caesars Sportsbook

Caesars

4.8/5 Read Review

Generous welcome bonus

Caesars is an online betting site owned by the WilliamHill Race & Sportsbook brand. It’s part of the largest betting brands to come out of Nevada. As a result, handicappers get competitive odds across many different sports and bet types.

Caesars has partnered with several establishments to allow bettors to fund their accounts with PayNearMe.  

2.  FanDuel

Fanduel

4.9/5 Read Review

Great promos & odds boosts

FanDuel is a popular online betting site with good odds, bonuses, and bet variety. When it comes to funding your betting account, you can use PayNearMe. 

3.  BetRivers

BetRivers

4.7/5 Read Review

Best odds of any sportsbook

BetRivers ranks among the biggest online sports betting sites in the United States. It operates legally across many states. And with a wide variety of bets, you can enjoy betting on different sports with competitive odds. There are also regular bonuses and promotions for new and existing bettors. In addition, you can deposit funds to your BetRivers account using PayNearMe. 

BetRivers operates a sister sportsbook, SugarHouse, in a couple of states. The two are essentially the same, with similar odds, bonuses, and payment options. The only difference is in the name. 

4.  BetMGM

BetMGM

4.9/5 Read Review

Competitive intro bonus

BetMGM is another sportsbook with competitive odds and generous bonuses. It has odds on all major sports events, where you can wager on different bet types. There are various ways to deposit funds to the sportsbook, one of which is PayNearMe. 

How we rank online gambling sites that accept PayNearMe

 

The sportsbooks mentioned above are our favorites for PayNearMe. Why? You might have noticed that they have several things in common. These include competitive odds, a variety of betting options, and bonuses, which are some of the factors we look at when ranking online betting sites with PayNearMe. 

Odds

 

Odds determine how much you can win from a wager. Generally, a good sportsbook will have competitive odds

Promotions

 

While odds allow you to have good winnings, promotions and bonuses give you better winning. Online casinos usually have different promos for new and existing users. Overall though, the more generous the bonuses, the better the sportsbook. 

Betting types

 

Online betting is all about the options. You can make different bet types on different sports with the right sportsbook. The best sportsbooks have odds for all the major sports. You can also make futures, spreads, totals, parlays, and moneyline wagers.

Safety and security

 

Sportsbooks will ask for some personal information as you open an account. The last thing you want is for this information to fall into the wrong hands. Thus, we only recommend legal and established betting sites to protect you and your information. 

Customer reviews

 

Lastly, we go for sportsbooks that have a positive reputation among handicappers. Good customer reviews indicate a positive experience on the betting platform. They show that the sportsbook offers good odds and bonuses, has enough betting options, and cares for the safety and security of its users. 

Depositing at PayNearMe sportsbooks

 

Depositing funds with PayNearme takes a bit of work. But if you don’t mind physically visiting a store, it should be an easy process. 

  • Find a sportsbook that accepts PayNearMe deposits and signup. 

  • Log into your account and navigate to the ‘Cashier’ section. 

  • Browse through the available options and choose “PayNearMe.’

  • Enter the deposit amount. Your sportsbook will generate a PayCode button. 

  • Save the code by writing it down, printing it, or taking a screenshot. 

Once you have the code, you must visit a local store to complete the deposit. This can be a CVS Pharmacy, Dollar Store, or a 7-Eleven. Fortunately, there are tens of thousands of such stores spread out across the US. So, unless you’re living in a remote rural area, it should take a couple of minutes to get there. 

At the store, give the cashier your code and the amount you wish to deposit in cash. They will register the deposit against the card and give you a receipt. The deposit should automatically reflect in your betting account once you verify the payment. 

Withdrawing from PayNearMe betting sites

 

PayNearMe has always been a deposits only payment option. Thus, sports bettors could only use the platform for making deposits but not withdrawals. 

Fortunately, the situation looks like it’s going to change soon. This is because PayNearMe has partnered with a fintech company to offer ATM withdrawals to customers. 

  • Enter your mobile number and the amount you wish to withdraw

  • You will receive two text messages. One message has the withdrawal amount,  order number, and the timeframe for completing the withdrawal. 

  • The second message links to a map that shows you nearby ATMs. 

  • Visit the nearest ATM, enter your phone number, amount, and pin to receive your payout. 

Note that sportsbooks are yet to adopt this PayNearMe withdrawal. Thus, you may have to use an alternative payment option to receive your payout. 

PayNearMe verification requirements

 

PayNearMe, as a payment method, doesn’t require users to complete any verification process. Therefore, the online registration process is pretty convenient and straightforward.

However, betting sites are legally obligated to verify the user’s identity. Once you find a PayNearMe betting site, you’ll still have to verify your account. You’ll be required to provide documents as proof of ID and residence.

Acceptable documents include your passport, state ID, military ID, or current driver’s license.   

PayNearMe benefits

 

Using PayNearMe to deposit to your online betting account has several advantages. These include;

Secure

 

PayNearMe is very secure. You don’t have to maintain an eWallet or online bank account to use it, and your payment information remains private if you don’t want to share it. Furthermore, payments are made in cash. So, you can avoid all the security risks that come with making online payments. 

You receive a receipt for every transaction you make with PayNearMe.

Instant deposits

 

PayNearMe deposits take a short time to reflect in your betting account. Once you have verified the transaction, you need only wait for a couple of minutes before you can use the money to bet. 

Far fewer requirements

 

Most payment options will take you through a thorough verification process. They will demand your personal details and proof of them. So, you’ll have to provide documents like your state ID or driver’s license and add your bank details. 

Things are different with PayNearMe. There is no verification process, so you don’t have to go through the hustle of providing your personal information and documents. 

Can deposit using cash

 

How many payment methods let you use cash? It might seem counterintuitive given the world we live in, but it has its benefits in online betting. For instance, PayNearMe deposits are an excellent way to keep your gambling activities in check. How?

Experts agree that most people tend to be more careful with their spending when using cash than when using a debit/credit card. Thus, the risk of overspending on betting and developing an unhealthy gambling habit is significantly reduced.   

PayNearMe drawbacks

 

You have to go to a store to make your payment physically

 

You cannot make payments from the comfort of your couch. With PayNearMe, you have to be physically present at a store to deposit funds. This can be a deal-breaker for those who prefer making payments from their phone or PC. 

You cannot withdraw using PayNearMe

 

As of now, most sportsbooks don’t support PayNearme withdrawals. You’ll have to use an alternative method, like a bank transfer, to get your payout.

Limits

 

PayNearMe betting sites limit the maximum daily deposit to $500. So, if you’re a high roller who occasionally makes huge bets, it’s not the best option.  

Yes. PayNearMe is very safe. For one, the payment method is licensed to operate in several states. You’re also only dealing with cash. Thus, you won’t be vulnerable to phishing attacks and online scams. The only way you lose your money is if someone physically robs you on your way to the store.

PayNearMe doesn’t specify its transaction fees on its website. But when depositing to an online betting account, you will be charged a small transaction fee. So you should check with your preferred sportsbook the transaction fee for PayNearMe deposits.

Yes. While most payments involve cash, you can still use a credit or debit card to fund your deposit.

PayNearMe will notify you and give you a link to track your payment, which will be completed within a couple of minutes. If the deposit doesn’t reflect on your betting account, you can always present the receipt as proof of payment. Customer service will serve you from there.

PayNearMe is one of the faster methods of funding online betting accounts. It takes a maximum of 15 minutes for PayNearMe transactions to process.