You placed the bets, you hit the winner — now it’s time to get your cash. With BetMGM, withdrawing your winnings in 2025 is straightforward, but the process has a few key rules and timing factors you should know. Follow this guide and you’ll avoid common delays and get your money faster.
Step 1: Make Sure You’re Fully Verified
Before BetMGM will approve your withdrawal, you must complete your identity verification (KYC). That means:
- A government-issued photo ID (e.g., driver’s license or passport).
- Proof of address (utility bill or bank statement within last 90 days).
- Your banking or e-wallet account details must match your name on file.
If you skip verification until you’re requesting a withdrawal, you risk a 3-5 business day review period just to clear your first payout.
Best practice: verify immediately after signing up.
Step 2: Navigate to “Withdrawal” in the App
Once verified, go to:
My Account → Cashier → Withdraw (or simply “Withdraw”).
Select the amount you want to withdraw. You’ll need to choose from the available methods listed in your state (see the next section).
Step 3: Select Your Withdrawal Method
BetMGM offers several withdrawal options, though availability may vary by state. Some of the common methods in 2025:
- PayPal / Venmo — typically the fastest.
- BetMGM Play+ Prepaid Card — often processed within hours.
- Debit Card (Visa/MasterCard) — 1-3 business days.
- Online Banking / ACH Transfer — 1-3 business days.
- Cash at partner casino cage (where applicable) — same day or within hours in some jurisdictions.
🔑 Important Rule: BetMGM enforces a “same-method” withdrawal policy. You’ll generally be required to withdraw using the same method you deposited with, if available in your state.
Step 4: Check For Any Holds or Review Periods
Even when everything is set, BetMGM may place a review hold on your withdrawal — especially if it’s your first large payout or if you recently made a deposit. Review holds can last up to 3-5 business days before funds are sent.
To minimize delays:
- Avoid switching withdrawal methods just before cashing out.
- Don’t request the day after a large win — try early in the week rather than Friday.
- Make sure your account is in good standing (no bonus conflicts, no unresolved verification).
Step 5: Confirm the Withdrawal & Wait for Processing
After submitting your withdrawal request:
- You’ll get a confirmation email.
- The funds will be sent once the policy review clears.
- The processing time then depends on your withdrawal method (see Step 3 table).
Keep your account logged-in to monitor the status (My Account → My Transactions).
Step 6: Taxes, Records & Responsible Betting
Even though withdrawal is simple, keep these in mind:
- BetMGM reports winnings to the IRS when applicable. Save your Win/Loss statement (My Account → Transaction History).
- The withdrawal amount you get may exclude bonus funds until you meet play-through requirements.
- Use responsible gaming tools (limits, time-outs) so you withdraw winners rather than chasing losses.
Best Withdrawal Tips for Arizona Bettors (and Other States)
- Deposit using PayPal or Play+ if available — fastest path to payout.
- Verify ID before your first bet so you’re not waiting later.
- If you’re in Arizona, make sure you’re physically located in state when placing bets — withdrawals still follow same rules.
- For large wins, consider online banking (higher limits) even if slightly slower.
- Know your minimum withdrawal for state and method — some methods may require $20 or more.
How Long Does a Withdrawal Actually Take?
Here’s a realistic timeline based on processing method:
- PayPal / Venmo: Under 24 hours in many cases.
- Play+ Prepaid Card: Often within 6-12 hours after approval.
- Debit Card: 1-3 business days.
- Online Banking / ACH: 1-3 business days, sometimes up to 4.
- Review hold (first-time or large sum): 3-5 business days before method processing begins.
Frequently Made Mistakes & How to Avoid Them
- Using a deposit method that doesn’t support withdrawals — check availability first.
- Waiting until you hit big winnings to verify account — do it upfront.
- Changing withdrawal methods mid-week (e.g., deposit PayPal, try debit card) — stick to method you used.
- Requesting withdrawals on weekends/holidays — bank processing delays often wait until Monday.
- Ignoring wager requirements or bonus restrictions — make sure bonus-linked funds are eligible for withdrawal.
Final Thoughts
With BetMGM in 2025, withdrawing your winnings doesn’t have to be stressful or slow. If you’ve verified your account, deposited with a fast method, and submit your request during a business day, you should see your funds in under 24-48 hours in many cases.
Remember:
The fastest cashout isn’t just about method — it’s about planning ahead, staying verified, and using smart withdrawal options.
If you enjoyed this guide and want help with other parts of betting (promos, bankroll management, best sportsbooks), check out our posts on Bankroll Management, Sportsbook Review Cluster, and Arizona Betting Guide.