Payment is the most essential factor to consider when choosing a Maryland online betting site. One of the best payment options is American Express. So that you can find and use American Express betting sites with confidence, this article provides you a comprehensive look at which sites accept American Express in Maryland, what to expect, and more. Read on to learn about AmEx betting.
Using Amex for sports betting
In conclusion, American Express is a safe and quick credit card to use for your Maryland sports betting. Keep in mind that it is not the most widely accepted card, meaning you may need to hunt around a bit.
However, most of the popular and trusted sites accept American Express, making them fun, convenient, and safe for American Express users.
Maryland sportsbooks accepting Amex
Because American Express is one of the most popular credit cards globally, most sports betting sites accept this card for banking in Maryland . Still, finding out which online betting sites accept your card of choice can be a bit difficult. Below is a list of the many sportsbooks that accept this form of payment
The top Maryland sportsbooks accepting American Express
Of this list of MD sportsbooks, BetMGM, DraftKings, and Caesars Sportsbooks are the most popular sites for American Express betting. These three operators are highly trusted because of their safe reputation and convenient options.
Do some sportsbooks NOT accept American Express?
Yes. In fact, between American Express, Visa, and MasterCard, Amex is accepted less, though this is likely due to the higher merchant fees. The higher merchant fees mean that more betting companies are reluctant to accept these sorts of payments.
What to do about it
If the sports betting site you select does not accept American Express, there are two things you could do. Obviously, you can use a different card or find another site that accepts American Express. Given that American Express is pretty popular, it isn’t very hard to find AmEx betting sites.
The second option is a roundabout way to use American Express. Nearly all betting sites accept payment through E-wallets, such as PayPal. So you can connect your American Express to your PayPal and then pay through the third-party E-wallet.
As we will learn next, most betting sites require a third party for fast payouts in Maryland anyways. In other words, you might have to go through the trouble of connecting your betting account to an E-wallet anyways if you want to withdraw your money.
Deposits / Withdrawals and processing times with Amex
Once you find a Maryland sports betting site that accepts American Express, it’s important to know what to expect when using this card. Three important factors to think about include depositing, withdrawing, and processing times with American Express. Let’s take a look at each one.
Depositing with American Express
Whenever you deposit with American Express, the process is really easy. Depositing money into your account will be much like purchasing an item online. Simply select the deposit option for American Express, type in your card information, and click confirm.
Whenever you deposit with American Express, you are not working with a third party, meaning the deposit time is instantaneous. This instantaneous time allows for immediate AmEx betting.
Withdrawing with American Express
Although depositing money with American Express is easy, the same is not true for withdrawing with the card. Most sports betting sites will require an alternative payout method, such as a paper check, bank transfer, or E-wallet. Most sports betting sites will require this of any credit card, not just Amex.
We prefer opting for E-wallet withdrawal. One of the most popular E-wallet withdrawals is through PayPal betting in Maryland, which is easier and faster than other payout methods.
Since withdrawing from American Express can be a bit of a hassle, you certainly need to think about this before deciding on a sports betting site. But, once again, having difficulty withdrawing is not just an issue for an American Express card. It’s an issue for nearly every credit card.
Processing times can impact your enjoyment of the game dramatically. Generally speaking, the faster the processing times, the better. Luckily, Amex generally offers pretty fast processing times.
The processing times for deposits are especially quick, as we have already mentioned. Moreover, since you are depositing through the card itself, you don’t have to waste time going through a third-party vendor. In other words, you can start betting right away.
Predicting withdrawal processing times is a bit more difficult. Since many sites do not even accept American Express withdrawals, it depends on the intermediary option you select. Some can take between two and five business days, whereas electronic options may be immediate.
Fees and Sign-up Bonuses – Amex sports betting MD
Because you’re already spending so much money for your Amex sports betting in the first place, you want to consider fees and sign-up bonuses. The last thing you want is to spend a fortune on fees or miss out on opportunities for free money.
Credit cards are consistently some of the most affordable ways for depositing money on online sports betting accounts. American Express users are rarely charged by betting companies for depositing fees. This isn’t a 100% guarantee, but most sportsbooks do not charge fees when using American Express.
Because withdrawal using your Amex is so rare, most sports betting sites that offer it do charge a small fee for payout. Still, most sites don’t even offer American Express pay-out in the first place, making withdrawal fees a bit unpredictable.
Even though fees are a bit of a downer, everyone loves Maryland betting bonuses. Most sportsbooks offer some sort of sign-up bonus or promo for your first deposit. The purpose of these bonuses is to attract more customers so that the sports betting companies can make more money.
For a sign-up bonus, simply deposit from your AmEx and make your first bet. The companies will then either refund the bet if you did not win, or they will double your winnings. In addition, sites often offer additional bonuses, such as NFL, NBA, or other sports-specific bonuses.
It is important to note that sign-up bonuses are a tactic to get more users. Therefore, you should not put down a whole lot of money into your account simply because there is a sign-up bonus. That being said, definitely take advantage of these bonuses since they are offering free money.
American Express Sports Betting: Pros and Cons
Now that we have looked at which sites accept American Express and what to expect, let’s get into what really matters: what are the pros and cons of using the card for sports betting?
As for the benefits, Amex is a great option because it is easy to use, convenient, and familiar for many users. Since this company is responsible for nearly a fourth of the United States’ national credit card transactions, many users use it. Using your American Express can make the entire sports betting process feel more comfortable.
Another major benefit of using the card is that the transactions are very fast. Since deposits are practically instantaneous, you don’t have to worry about waiting for the money to hit in case you need to make a quick bet.
The last major benefit of using American Express is that they offer safety features. Just about any sportsbook that accepts the card will follow many rules and regulations for online billing. In other words, you don’t have to worry about putting the information into an untrustworthy site.
Although American Express is a great choice if your betting site accepts it, there are some downsides to this credit card. Most obviously, the biggest downside is that it is accepted less commonly in comparison to MasterCard and Visa. As a result, you may have to use an intermediate service to use your card at smaller sports gambling sites.
Additionally, withdrawing money with the card is next to impossible on most sites. Withdrawals, in general, are difficult with credit cards, but they are more difficult with American Express since sites simply don’t accept Amex as often.
FAQ’s About American Express Maryland
Should I use American Express for sportsbooks sites?
If the sportsbook site you are considering accepts American Express, then yes. The card is safe and quick. However, you may have to opt for an E-wallet option if the site you want to use does not accept Amex.
Is it safe to use American Express on online betting sites in MD?
Yes. Any site that accepts American Express typically follows strenuous rules and regulations for online transactions.
How do I make a deposit with American Express in Maryland?
Depositing money with an American Express card is very similar to purchasing something online. You will need to enter your credit card information, select how much you want to deposit and confirm the payment.
How do I withdraw from American Express in MD?
Does American Express charge for deposits and withdrawals?
No. American Express does not charge for deposits and withdrawals, but the individual betting site you select may. Read the fine print before making any decisions.