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Borgata Payment Methods - Deposit & Withdrawal
There are multiple Borgata payment methods that you can use to fund your online sports betting account today. As well as Visa Mastercard and American Express, you can also use online banking and traditional bank transfers.
Quicker, faster and more modern payment methods are available in the form of cash cards and e-wallets. The most notable of these being the payment giants PayPal, who offer safe and secure payments while reducing your online paper trail. You can also use Skrill, Play+ and PayNearMe billing to make your first Borgata deposit. On top of all that, there’s also Borgata’s unique in-house payment method as well.
Borgata Deposit Options and Limits
The Borgata deposit methods available to you are wide-ranging and consist of banking, e-payment, e-check and prepaid methods. Online banking payments are accepted, as well as wire transfers and credit/debit cards. However, these days, it’s advisable to go for alternatives due to the better speed of payments and further protection that’s offered by them.
The best Borgata payment methods for deposits include:
- PayPal
- VIP Preferred e-check
- prepaid Play+ account
For larger payments, the Borgata maximum deposit limit is found with wire transfers or by paying directly at the cashier window in a land-based Borgata resort.
Which credit & debit cards are accepted?
Similar to other sportsbooks as BetMGM and DraftKings, Borgata accepts Visa and Mastercard payments for deposits with no fees from their side. That being said, you should check with your bank before using your card to make a deposit. Your bank may charge additional fees, or in some cases not allow you to use your card to fund online gaming accounts.
Discover is the best option when it comes to credit card payments, as payments are processed within two minutes and no fees are charged. You can also use American Express, however co-branded cards cannot be used and fees may be charged at the other end.
Is PayPal accepted?
PayPal is included on the list of accepted Borgata payment methods and can be used for both deposits and withdrawals. For your Borgata deposit, you can use either your available PayPal balance or your personal bank account to fund your Borgata sports betting account.
Like all of the other Borgata withdrawal methods, PayPal payouts are subjected to an internal review process that can take up to five days. There are no fees charged when using PayPal to make withdrawals with Borgata. Best of all, you can still claim your Borgata welcome bonus when depositing using PayPal.
How To Fund Your Account
Everything You Need To Know In 5 Easy Steps!
Log in to your sports betting account
Locate and enter the cashier/payments page
Choose your preferred deposit method and input required details *With most sportsbooks you need to set a payment method in the registration process, this is then used for both deposits and withdrawals
Enter the total amount of funds that you wish to deposit into your sports betting account and click on the deposit button.
Visually confirm that the funds have been added to your account balance, and then you are free to wager them. Good Luck. *The time it takes the funds to be credited to your account differs between payment methods. But the best methods will instantly credit your account
Borgata Withdrawal Options and Transaction time
As well as PayPal, the Borgata withdrawal methods available to you include:
- Online baking
- Play+
- Skrill
- VIP Preferred
- Borgata’s in-house method
In addition to those listed, you also have the option to use check by mail, which isn’t available as a deposit method.
When it comes to the Borgata withdrawal time, there’s an internal review process which can take up to five days. After that, the time it takes for the money to reach your account depends on the payment method you have used. Check by mail and online banking withdrawals tend to be the slowest, with e-payments and e-checks being faster.
USD
Payment Methods FAQ
Can I change the currency in my account?
The only accepted account currency with Borgata is USD, as the Borgata sportsbook has no jurisdiction outside of legal US gambling states. Therefore, you cannot change the account currency regardless of the Borgata payment methods you use.
Can I deposit with cryptocurrency?
At the time of writing, Borgata doesn’t accept cryptocurrency deposits in any form. As mentioned in the previous answer, the one and only accepted account currency is USD. Should you wish to make deposits using crypto, you can fund your PayPal account with crypto and then use PayPal to deposit with Borgata.
Can I use different options for deposit & cash out?
In general, it’s always advisable to use the same Borgata payment methods for both deposits and withdrawals. However, this isn’t always possible. Credit and debit cards, for example, are available for deposits, but not withdrawals. On the other hand, check by mail is only available as a withdrawal option.
Can deposit and withdrawal limits be changed?
If you wish to reduce your deposit limit with Borgata, you can do so in your account and it will become effective immediately. Should you wish to increase your Borgata maximum deposit, you can request this via your account. However there will be a waiting period while it is reviewed and approved or rejected by Borgata.
Conclusion
All in all, the range of Borgata payment methods available falls into the ‘excellent’ category. Players are offered plenty of flexibility, no fees are charged for any methods from Borgata’s side and all methods are safe and secure. The five day withdrawal approval period is a little long, but understandable. The only real thing missing for the modern player is crypto payment. Other than that - top marks!
