American Express Betting Sites Maryland

If you are looking for an American Express-eligible sportsbook in Maryland, it probably won’t be long before you discover that most sites do not accept it. This is because Amex charges quite high fees to process transactions.

When sportsbook profit margins are quite slim as it is, most betting companies don’t want to deal with that. That being said, there are a few American Express betting sites in Maryland to choose from. Luckily, these sportsbooks are some of the best in Maryland:

BetMGM

If you want to use your American Express card to gamble on some of the more niche sports (e.g., lacrosse or Aussie rules), then BetMGM Maryland is worth checking out. They also offer some fantastic bonuses for newcomers. This includes an insurance bonus bet of up to $600. You can take advantage of this using your Amex.

DraftKings

With thousands of betting markets open up at all times, it is no surprise that DraftKings Maryland is one of the premier sports betting sites for gambling lovers. You can use your Amex to enjoy some of the best odds in Maryland. Couple this with a welcome bonus of an insurance bonus bet of up to $500, and you just know that DraftKings is going to be a winner.

Caesars Sportsbook

Sure, Caesars Sportsbook Maryland doesn’t have the largest selection of sports. However, if you love your parlay bets, there is no better place to whip out your American Express card and deposit some cash into your account. There are several MD betting bonuses tied to those parlay bets, and you will always be enjoying some of the best odds in the state.

American Express cards, or Amex cards as they are sometimes known, are payment cards that use the American Express payment network. Most Amex cards are going to be credit cards. However, the company also issues debit cards and prepaid cards.

While the vast majority of American Express is going to be issued by their namesake, there are a few banks that are also allowed to issue these cards. However, they are not often given out as standard to customers. Amex cards tend to carry a bit of prestige to them, and they are often going to be issued to those that have top-level bank accounts.

The problem with American Express is that it is not a widely accepted payment method. So while there are going to be American Express bets at the Maryland sports betting sites, they can be a bit trickier to find. In fact, they are so tricky to find that few people realize that you can actually deposit into your sportsbook account with American Express.

How to deposit using American Express

Using an Amex card for sports betting in MD is going to be as simple as making an online purchase.

Obviously, you will want to start by ensuring that your selected sportsbook accepts American Express. Check out one of the three sites listed previously if you aren’t quite sure where to head. If they do, then go ahead and make an account. You can then follow these steps to deposit cash into it:

• Login to your account
• Browse to either your profile or look for an option that says ‘Cashier’ (or something similar to that)
• Select American Express or Credit/Debit card as your payment method.
• Type in the amount of money that you want to deposit
• Go through the various security checks that may appear.

The whole process will take just a couple of minutes. You will have access to your funds right away.

How to withdraw using American Express

Amex does not support withdrawals. While you can get money back onto an Amex card through a refund, most sportsbooks will not do that. This is because the cost of refunding an Amex is incredibly high. This means it doesn’t really make a viable withdrawal method.

There are currently no major sportsbooks in Maryland that offer prepaid Amex cards. Unfortunately, this means that you won’t be able to withdraw that way either.

The pros of using Amex

If you have an American Express card and have found a sports betting site in Maryland that you really love, then there are plenty of reasons why you will want to use your Amex over any other payment method there.

No deposit fees

Any site that offers American Express online betting in Maryland is not allowed to charge extra fees to accept American Express. This means that whatever you deposit into your account using your Amex card is exactly what you are going to be able to gamble with.

Low minimum deposits

This payment method will often have far lower minimum deposits than other payment options. This means that using an Amex can be a fantastic option for those that tend to bet with smaller amounts of cash.

Easy to use

Depositing money into your account using Amex is going to be exactly the same as making an online purchase. All you need to do is tap in your card details, and you are ready to go.

Fast to use

Amex payments process incredibly fast. Once you have made your payment, you will be able to start gambling with your funds within a couple of minutes. Get fast payouts in Maryland, with AMEX betting.

The cons of using Amex

While American Express is a great payment method to use, like all things, there are going to be a couple of downsides.

Not widely accepted

Sadly, American Express is not widely accepted by sports betting sites in MD. Earlier on, we did list three brilliant sportsbooks that accept Amex. We suggest that you use one of those. It is going to save you a lot of time trying to track down a site that accepts American Express.

Remember, just because a site says that it accepts credit; debit cards, it does not necessarily mean that American Express is supported. This is because it operates slightly differently from your typical card. Other options available for banking in Maryland are:

• PayPal
• Skrill
• Neteller
• Paysafecard
• Play+
• VISA
• Mastercard
• Discover card
• ACH

Can’t withdraw to Amex

Amex cards do not support withdrawals. This means that you will need to have a backup withdrawal method in place if you are planning on using an American Express online betting site in Maryland.

Some banks do not allow sports betting with credit cards

If you have been issued a credit card from a bank instead of American Express, you sometimes find that you can’t use it for betting. This is because many card issuers do not want to extend a credit line to people who are gambling. You will have to check the terms and conditions of your credit card to find out whether this is the case for your bank.