Though there are a lot of (really attractive) benefits to doing your sports betting here in Maryland 100% online. The biggest drawback has always been not being able to use cold, hard cash to fund your account. Until now, anyway where there’s several Maryland betting sites using PayNearMe available today!
PayNearMe sportsbooks MD
With the help of PayNearMe, the premier cash-based deposit solution for all 100% legitimate and licensed sportsbook in Maryland. You’re finally going to be able to use your cash to place bets online – with no headache, no hassle, and very few hurdles to clear, either.
What is PayNearMe – MD sports betting?
The PayNearMe service operates independently of any sports betting platform, offering a convenient banking option in MD. They turn cash deposits into “payslips” that can be added or uploaded directly to your sportsbook account. Provided you’ve picked an online betting platform that offers PayNearMe as a deposit solution.
The whole process of getting your cash into one of these digital “payslips” might sound complex and convoluted on the surface. Still, we will walk you through everything step-by-step here so that you can hit the ground running without any issue whatsoever.
Signing up for PayNearMe – MD online betting
The very first thing you’re going to want to do is signing up for a PayNearMe account directly on the PayNearMe website.
This is going to give you access to the PayNearMe network. Then provide you information and directions to find the nearest PayNearMe physical location (usually located at a 7-Eleven convenience store, a CVS pharmacy, or add a Family Dollar retail location).
Some of these partner locations also allow you to create your PayNearMe account right there on the spot. But not all of them will have the capabilities. This is why it’s a good idea to get set up before you go with cash to those locations.
How do I fund my PayNearMe account?
The next piece of the puzzle (the step that actually funds your PayNearMe account with the money that you want to use on Maryland sportsbooks) involves actually finding your nearest PayNearMe outlet – usually in the locations we mentioned above – and showing up during normal business hours with cash in hand.
Speak to the cashier and tell them that you’d like to make a PayNearMe deposit. Tell them how much you’re going to be depositing, and then hand over the cash so that they can complete the transaction for you.
You’ll then be given a paper “payslip” confirming your cash transaction, complete with a barcode (a unique barcode) down at the bottom of the slip. This barcode needs to be scanned (by your mobile phone), or you can upload the provided code to your PayNearMe account online, basically adding the money attached to this “payslip” to your account.
Now you are off to the races! All that’s left to do is logging into your favorite sportsbook here in Maryland. Add the PayNearMe money to your war chest, and start placing wagers.
Methods offering fast payout options in MD:
Which Maryland Sportsbooks Accept PayNearMe?
You would think that all Maryland sportsbooks would be interested in allowing their players to add cash to their account with as little hassle as possible – but that’s not the case, at least not yet anyway.
A decent amount of sportsbooks operating in Maryland do offer PayNearMe as a banking option, with more of them jumping on board regularly. Even still, though, it’s not at all uncommon to come across an online sportsbook that just doesn’t have this option in their banking configuration.
Don’t let that dissuade you, though!
There’s nothing wrong with firing off a quick email to customer service and letting them know that you’d like them to consider adding the PayNearMe platform to their banking options. Shine a light on all the advantages this platform offers, and you might be able to persuade them to greenlight this service!
Best Maryland sportsbooks accepting PayNearMe
As of right now, two of the very best online Maryland sports betting platforms in operation currently accept PayNearMe right now, this very moment.
PointsBet Maryland – PayNearMe
One of the most trusted names in the online betting world (particularly here in Maryland), whether you’re looking to put money down on the Orioles or the Terrapins – or maybe against the Washington Football Team. You’ll be able to do exactly that using cold, hard cash here thanks to the fact that PayNearMe is accepted.
Not only are you going to be able to use PayNearMe to get your money into your PointsBets account, but this platform has eliminated a lot of the barriers of using this service as well.
There are links on the platform to sign up for a PayNearMe account, step-by-step instructions for finding a nearby location. And also a quick walk-through designed to get you comfortable with all that the PayNearMe setup has to offer.
Not a bad deal, right?
Barstool Sports Maryland – PayNearMe
Leave it to the guys and gals over at Barstool to make sure they have all of their bases covered when guaranteeing that folks looking to use their sportsbook can do so any and every way they like.
Barstool, in general, has always been right out on the cutting edge of the sports entertainment world. It should come as zero surprises to anyone that their sportsbook is forward-thinking and making use of the latest and greatest in payment options, too. Barstool might not make it quite as easy to use PayNearMe as PointsBet does right now. But the chances are pretty good that they are going to streamline things even more so moving forward.
Remember, the Barstool sportsbook is still a relative newcomer.
PayNearMe fees and hidden charges
Here’s where things get a little sticky when it comes to PayNearMe, though.
For starters, PayNearMe has hard limits of $500 deposits per day placed on every single account. And you won’t be able to have this limit lifted, even if you call customer service directly. People have tried. It makes no difference.
Most folks might not have a problem with that hard $500 deposit limit. But if there’s a particularly juicy deal available – great odds and a sweet bonus – knowing that you aren’t going to be able to really max yourself out on a wager can put a damper on things.
Secondly, there are some extra fees and charges associated with using PayNearMe as your primary online betting method. Worse, these fees aren’t exactly “set in stone” and sometimes bounce around a little bit with very little rhyme or reason. For example, it’s not uncommon for a surcharge and fee of a $1.99 to be assessed on a cash deposit with PayNearMe and then a similar deposit to be assessed a $5.99 surcharge a couple of weeks later.
The fees for PayNearMe services can kind of float, not only from one day to the next but also from one location to the next. Some locations (like 7-Eleven convenience stores, for example) are widely regarded as having lower fees than others (like Family Dollar). Though these are not hard and fast rules, either.
Sportsbook banking with PayNearMe
Depositing to a sportsbook in MD with PayNearMe
It’s important to understand that PayNearMe is, first and foremost a method of depositing cold, hard cash into your online sportsbook account and not a system for pulling out your winnings.
If you want to avoid having to use your credit card or link your bank account to a Maryland sportsbook (for a variety of different reasons). Or just wish that you could use cash to play with rather than plastic, then there is no better option on the banking options market right now than this one.
Maryland online betting withdrawals – PayNearMe
As of right now (2021), there aren’t any betting sites or betting platforms in Maryland – or anywhere else – that are paying out winnings via the PayNearMe platform.
PayNearMe Processing Times – Maryland online betting
It’s important to kind of break down the PayNearMe processing times into two distinct categories: On the one hand, you have the time it takes to actually find a physical location to process a PayNearMe transaction – which can take anywhere from a couple of minutes to an hour or more (and sometimes even much more than that).
On the other hand, though, the process of actually getting your verified PayNearMe deposit into your sports betting account takes no time whatsoever. It happens almost instantly.
PayNearMe betting bonuses
There are no specific sportsbook bonuses for using PayNearMe in Maryland right now. And any of the deposits you make using this service during special promos or bonus offers should be eligible for rewards.
New player, first deposit, and deposit match bonuses are almost industry-standard in the world of sportsbooks right now. All of the money you deposit through PayNearMe will count towards those kinds of promo offers!
Benefits of using PayNearMe – MD online betting
The biggest advantage of using PayNearMe as a sports betting deposit method is that you can use cash on hand anytime you like – provided you can get to a partner location to create the payslip for you.
Another reason many people like to use PayNearMe is because it allows them to do a bit of sport betting without having to expose their personal, private, or payment information in a way that uses a credit or debit card (or their bank account) would have required.
Even people that only place bets through 100% legitimate, legal, and reputable Maryland sportsbooks sometimes want to add another layer of security and even anonymity into the mix. PayNearMe helps make that possible.
Of course, folks that don’t have a credit card, debit card, or a bank account brimming with disposable income that they can use to do a bit of sport betting really like PayNearMe and their cash deposit service.
Plenty of people are even using PayNearMe to limit the amount of money they wager with regularly. And therefore handicapping themselves artificially to only place wagers with the cash they have available (or not at all).
Drawbacks of PayNearMe – Maryland betting
On the flip side of things, the general process of getting up and running with PayNearMe is a lot slower and a lot more deliberate than using your credit card or debit card or connecting your bank account to a sports betting platform.
Sure, this method is a really convenient way of using cash to gamble with online. But it’s not necessarily the most convenient method of getting money deposited into your sports betting account in general.
The hard $500 limit is another drawback, and it’s important to highlight once again the fact that the fee schedule for PayNearMe transactions kind of “floats” and isn’t all that predictable.
FAQ’s About PayNearMe Betting Sites Maryland
How do I get money into my PayNearMe account?
All you really have to do to get money into your PayNearMe account is: Sign-up for a PayNearMe account through their website (or through the sportsbook of your choice) Find a physical PayNearMe location or partner to deposit cash with Upload the barcode or the barcode information from the payslip you’ve been provided to the sportsbook you’re using. And you are good to go!
Can I use PayNearMe to withdraw winnings, too?
Right now, there’s no way to take advantage of the PayNearMe service to withdraw your winnings from your sports betting account. This may be functionality added later down the line, but it doesn’t exist for sportsbooks in 2021.
How safe and reliable is the PayNearMe platform?
PayNearMe is 100% safe, 100% legitimate, and about as reliable as they get.
Are there any delays or cooldowns to deal with?
The biggest delay or cool down you’ll want to expect when using the PayNearMe platform as sports betting banking option is the $500 daily limit. This is a hard limit, really drawn in the sand, and cannot be overridden with a phone call to customer support.
Can I fund my PayNearMe account with a credit or debit card?
You may be able to buy a “payslip” from a PayNearMe partner location with your credit or debit card, but that kind of defeats the whole purpose of using this platform in the first place. Remember, the whole reason that PayNearMe exists is to turn physical cash into “digital money” that can be used online. If you have a credit or debit card, the odds are good that you’re able to use that as a banking method with Maryland-based sportsbooks already!