PayNearMe is a payment method that is fast becoming accepted by more and more betting sites in Maryland. So, what is it all about, and how do you use it? Find out everything that you need to know on this page.
PayNearMe at MD Sportsbooks
PayNearMe is probably be one of the most convenient methods for those who want to deposit cash into their online sports betting account. You will be surprised at the number of sites that offer PayNearMe sports betting in Maryland too.
While this payment method does have a couple of downsides, namely transaction fees and lack of withdrawals, there really is no better method for getting your cash deposited.
PayNearMe sports betting banking in MD
PayNearMe is a revolutionary new sport betting deposit method that allows you to deposit cash into your online betting account. Yep. You read that correctly. You can deposit cash.
This method allows you to send to your local 7-Eleven, Family Dollar, or CVS store and hand over some cash to top up your betting account. It is a quick and easy method. It is especially ideal for those that may not have access to a credit/debit card or a bank account or, perhaps, those that get paid in cash.
The best PayNearMe betting sites
The availability of PayNearMe as a deposit method means that there is going to be no shortage of sites that offer PayNearMe online betting in Maryland. Although we are sure that you want to be gambling at the best of the best. This is why we recommend that you gamble at one of these betting sites:
We have vetted each of these PayNearMe online betting sites in Maryland, and we can assure you that they will offer the best service in MD. This means great odds and tons of sports markets that you can dive into.
How to deposit using PayNearMe
The process for using PayNearMe is somewhat convoluted. However, we cannot possibly think of a way that it could be made any easier. No matter what PayNearMe sportsbook in Maryland that you use, the process is going to be much the same.
Start the deposit online
Start by signing into your MD sportsbook account and tracking down that deposit link. You will need to find the PayNearMe option from here. Type in the amount that you want to deposit into your account.
This must be a maximum of $500. The online sportsbook will tell you what their minimum deposit is and any fees that they may have for using PayNearMe. Once you have typed in your details, you will be given a code. You can either print this off or save a copy onto your phone.
Head to your local PayNearMe location
You will now need to take this code along to one of the PayNearMe locations. You can find a complete list of PayNearMe locations on their website. However, all of these are 100% guaranteed to offer PayNearMe deposits:
- Family Dollar
Some Walmart stores also offer the service. The cashier will scan the code that you show them. They may also ask you to show ID. You will then pay for your transaction in cash.
Your money is ready
If everything goes smoothly, then your money is going to be in your account, ready to use within a couple of minutes! Remember, if the sportsbook charges any fees for using PayNearMe, they will be removed from the amount deposited into your account.
You can reuse the same code
The code that was generated for you is tied to your betting account. You can reuse it as much as you want. You can deposit any amount of cash that you wish when you use the code. It does not have to be the amount that you told the sportsbook that you would be depositing. However, do bear in mind that there will always be that cap of $500 per day.
How to withdraw using PayNearMe in MD
You cannot withdraw using PayNearMe, sadly. This is a method for depositing money into your account only. So, if you are using a website that offers a PayNearMe sportsbook in Maryland, then you will probably need to have a backup withdrawal method in place.
Pros of PayNearMe sports betting in Maryland
As you can probably imagine, there are several major benefits to depositing money into your online sportsbook using PayNearMe. It is one of the more popular payment methods for a reason.
Can deposit using cash
The biggest advantage is that you can deposit cash into your account. You do not need to have a bank account, credit card, or debit card. If you have cash that you can use, then you can deposit it into your online betting account using PayNearMe.
Since you are depositing cash, it is often going to be a whole lot easier to keep track of your gambling habits too. Many people find that it is easier to keep tabs on cash spending because they physically have to interact with the money. You don’t get that with a credit or debit card. As a result, a lot of people overspend if they use one of those deposit methods.
PayNearMe allows you to deposit a maximum of $500 per day. We know that this is probably going to be a bit inconvenient for some. However, many believe that it is better for managing gambling habits. It makes it a whole lot more difficult to overspend. This can help people that have a habit of betting wildly.
Plenty of PayNearMe locations in Maryland
You should have no issues tracking down a location for PayNearMe in Maryland. Any 7-Eleven, CVS, and Family Dollar will allow you to deposit. You probably have one of those stores within 5-10 minutes of your home.
Cons of using a PayNearMe sportsbook in Maryland
Due to the way in which the PayNearMe system has been developed, there are a couple of cons to using it. Now, this list of cons is going to be a bit longer than the pros list. However, don’t let that put you off. If you want to deposit cash, then looking for a site for PayNearMe online betting in Maryland is always going to be your best option.
You have to physically go somewhere to make your payment
The whole idea of online betting is that you can do it from the comfort of your own home. However, some people find it a little bit inconvenient to have to go to their local 7-Eleven or another store to deposit cash into their account. Although, if you actually want to use cash, you are physically going to have to go somewhere. There is no way around that.
Can only pay in cash?
For gambling transactions, PayNearMe does not allow you to pay using a credit or debit card. Instead, it has to be a strict cash transaction.
You cannot withdraw using PayNearMe
PayNearMe does not allow withdrawals. So, if you are looking for a PayNearMe sportsbook in Maryland, you are going to need to have a backup withdrawal method in place, like for example PayPal.
We know that we covered this in the pros section too. However, we know that a few people are not huge fans of the deposit caps for PayNearMe. They are in place for a reason.
If you want to deposit more than $500 into your sportsbook account, then it will need to be done over a couple of days. This is annoying if a welcome bonus that you want to take advantage of, perhaps a matched deposit, is higher than $500.
Too many cons?
If you feel that there’s too many negatives with this payment option, you might want to check out some other options, some that also allows for fast payouts.
These banking options are all available on MD sports betting sites:
PayPal e wallet
Skrill e wallet
Neteller e wallet
Play+ prepaid cards
Credit and debit cards (VISA, Mastercard, American Express and Discover)
ACH methods such as VIP Preferred
and Bank transfers
FAQ’s About PayNearMe Betting Maryland
Where do you find locations for PayNearMe?
All CVS, 7-Eleven, and Family Dollar locations will offer PayNearMe deposit options. If you are looking for somewhere else to pay for the transaction, then you will need to head to the official PayNearMe website, where they have a list of all places that you can pay.
Is PayNearMe Safe?
Absolutely. PayNearMe carefully vets any sites that use it as a payment method. All of the places where you can pay for your transaction are going to be large reputable stores too. There is no part of the process where there is a risk of you being scammed.
How fast are PayNearMe deposits?
Once you have paid for the deposit, then the money should be in your sportsbook account in just a couple of minutes.
How much does it cost to deposit using PayNearMe at sportsbooks in Maryland?
This is going to be dependent on the sportsbook. Many of them should be free. However, it is not uncommon to see certain sportsbooks charging a couple of dollars for using PayNearMe.
Do you have to make your payment in cash while using PayNearMe?
Yes. If you are making any sort of gambling transaction, and this includes sports betting, then you have to pay in cash. You are not allowed to use a credit or debit card for this type of transaction.