Online casinos are a staple for Michigan players. While there are many similarities between playing at brick-and-mortar and online Michigan casinos, there are also some differences. One of the significant differences is how to make a deposit and how to collect your winnings.
This guide gives you all of the Michigan online gambling payment information you need, from various methods to their pros and cons.
Our recommended Michigan online casino banking methods
Each casino offers the basic deposit and withdrawal methods of debit cards, e-wallets, and bank transfers. Beyond the basics, only some casinos offer every method, and no banking methods are created equal.
PayPal
PayPal is one of the oldest e-wallets with a long and trusted history and many users. It is an industry pioneer. It is one of the most popular e-wallets and is one of the fastest ways to deposit and withdraw funds into your casino account and is available on Android and iOS.
You can make instant deposits if you have a PayPal balance or if you link PayPal to your bank account. PayPal also has a flexible deposit policy, making this platform a popular payment method. It does not have withdrawal fees for online casinos. You receive the full withdrawal amount, and it has one of the fastest posting times for withdrawals.
Play+ prepaid cards
Most online casinos in Michigan have a branded Play+ card. We like this option because it is an FDIC-insured reloadable account. Just add funds to your Play+ account and make an instant deposit at the online casino, and you are ready to go.
Play+ is often the fastest withdrawal option. Simply request your winnings payable to your Play+ account. Then, you can use the fund for other purchases, withdraw cash from an ATM, or transfer to your bank account (bank account transfers usually have a fee).
Apple Pay
Apple Pay is high on our list also because of its trusted name, time in the business, and number of users. Plus, you can link multiple credit, debit, and prepaid cards to your Apple Pay wallet.
The platform is quick and convenient for payments, and it is secure. The use of Face ID not only makes for a fast interface but also adds a layer of security. Moreover, the iOS ‘near-field’ chip keeps your data private.
The main drawback of Apple Pay is it can be used only with iOS devices such as the iPhone, iPad, and Apple computers. Using a laptop or desktop can also be cumbersome.
Venmo
Venmo is another e-wallet payment platform. To deposit into Michigan casinos that accept Venmo requires clicking one button, and your money has been transferred. Withdraws are also very fast with Venom. Michigan casinos accepting Venmo are DraftKings, FanDuel, and BetMGM.
Venmo does charge some small fees. These include maintenance and instant transfer fees, but they are minimal. The platform is also not offered by all casinos. Additionally, the maximum deposit you can make is under $5,000 per week. You may find this frustrating if you play through more than $5,000 a week, but it could also be a way to limit the amount you gamble with.
eCheck
An eCheck is a digital version of a paper check. eChecks direct debit from your account via the Automated Clearing House (ACH). They have been in use since the 1990’s, and not surprisingly, most online casinos in Michigan accept eChecks.
With eChecks, the casino does not have access to your banking information. Transactions are highly secure, and deposits are usually instantaneous. eCheck withdrawals sometimes require a processing fee, and there is sometimes a short delay in processing.
Debit and Credit Cards
The most common online Michigan casino deposit and withdrawal method is with a debit card. Using your card with an online casino is the same as with any online transaction.
Debit cards take the funds from your account immediately. In contrast, credit cards borrow money and charge interest if not paid in full on time. Many credit card issuers do not allow deposits to online casinos. Additionally, you can withdraw your winnings via your debit card but not on your credit card. Debit and credit cards are highly secure, but a single data breach at a bank can compromise the data of millions of customers.
Other popular casino banking methods
There are many ways to transfer money, and new applications are being developed. In addition to our top picks above, below are four additional and popular funding methods.
Bank transfer
Players can securely link their bank accounts to an online casino, providing seamless electronic fund transfer. If security is your main concern, bank transfers are the most secure. They also offer high transfer limits in the tens of thousands. However, they take days to process and usually charge a fee for deposits and withdrawals.
Paynearme
PayNearMe is a great way to deposit into your casino accounts, particularly if you don’t have a bank account. Many Michigan convenience stores, pharmacies, and other such retail outlets have Paynearme. You can deposit cash and credit funds to your casino account via Paynearme at these locations. Some retailers charge a small fee, and there is often a processing time that will delay your play.
Skrill
Skrill is an e-wallet similar to PayPal, Venmo, and Apple Pay. It is secure, and you can make deposits and withdrawals without directly linking your bank account to your casino account, a nice layer of security. Some casinos have low or non-existent fees, and both deposits and payouts are fast. Skrill is not as widely accepted as PayPal. Only DraftKings, FanDuel, Caesars, BetMGM, and Golden Nugget accept Skrill.
Casino cage
Cash at the casino cage is just what it sounds like. Many brick-and-mortar casinos will allow you to deposit at their retail casino to fund and withdraw from your online account. There is typically no fee for this. The transaction can be completed in just a few minutes while you are there.
Comparing all casino banking methods
Which of these deposit and withdrawal methods are best for you? Beyond the methods your casino accepts, it is personal preference. We put together a table with key features like online casino payout speed, to consider when deciding which method is best for you.
| Type | Deposit Time | Withdrawal Time | Minimum Deposit Average |
|---|---|---|---|
| PayPal | Instant | Minutes to 24 hours | $10 |
| Apple Pay | Instant | 24 to 72 hours. Some casinos do not allow a withdrawal into Apple Pay | $10 |
| Play+ prepaid cards | Instant | 24 hours or less | $5-$10 |
| Venmo | Instant | Instant to 72 hours | $5-$10 |
| eCheck | Instant | 72 hours or less | $10 |
| Credit cards | Instant | Withdrawals not supported | $10 |
| Debit cards | Instant | 72 hours or less | $5-$10 |
| Bank transfer | Less than 24 hours | 4 days or less | $10 |
| Paynearme | Instant | Withdrawals not supported | $10 |
| Skrill | Instant | 48 hours or less | $10 |
It’s important to remember that withdrawal times and minimum and maximum deposits vary from casino to casino. Some may have an ‘internal review’ period of up to 5 days in addition to the times listed. This is why you must always read the terms and conditions regardless of your chosen method to ensure you select the most suitable method for your needs.
How to select the best online casino banking method in Michigan
It may be tempting to grab your debit card or log into your PayPal account, deposit, and start playing.
Don’t do that!
- Do this instead:
- Read the terms and conditions.
- Know the minimum deposit limits and withdrawal limits.
- Be aware of how long it takes to receive your winnings.
- Research how secure each method is.
- Be mindful of any fees associated with each deposit and withdrawal.
Then, after you have all the relevant information, decide which method is best for your situation.
Security
Security is a priority for any financial transaction, and each fund transfer we’ve discussed is secure. But some methods are more secure than others.
Availability
Casinos, obviously, want you to play. So, they make it as easy to deposit and withdraw your money with as many options as possible. However, only some casinos offer every payment option. Additionally, new payment methods are being introduced, and casinos are adding different payment options.
Fees
Most online casino banking methods available in Michigan do not have any fees associated with deposits and withdrawals. However, as not all banking methods are created equally, remember that Pay+, Venmo, bank transfers, Paynearme, and Skrill may have fees associated with creating an account or have transaction fees.
Minimum/maximum deposit/withdrawal
Here, we refer to each payment method’s minimum and maximum deposit and withdrawal amount. The casinos have policies regarding the minimum and maximum deposit and withdrawal, which will apply to each funding type.
Michigan online casino deposits
Making a deposit at an online casino is a straightforward process, regardless of the type of deposit option you choose. Once you have created your account with the casino, you will be prompted to deposit money and add a promo code if you have one. Select the deposit method of your choice and follow the instructions.
Once you select the deposit method, you can expect several steps to fund your account. This may include filling out a form and providing additional proof of identity. Others may take you to an external site or popup to enter your login information and fund your account. The key is to carefully read the instructions and terms for each deposit method to ensure it is the ideal one for you. Once you’ve confirmed your deposit, it should be in your casino wallet within minutes.
Online casino withdrawals in Michigan
Withdrawing from an online casino is what generally worries most players. Firstly, if you’ve used a bonus when signing up, you must confirm you’ve completed the playthrough requirements before withdrawing. If you have, ensure you have the necessary funds to initiate a withdrawal.
Once in your account and funds are confirmed, select ‘Withdrawal’, and you will be taken to the withdrawal page where you can select your banking method. Different casinos have different banking methods available. Choose the one that best suits you and follow the instructions. As withdrawal times vary from casino to casino and method to method, read the terms and banking information carefully before selecting.
Common issues when banking at an online casino
Casinos want you to play, have fun, and play again, so they work hard to make your gaming experience smooth and trouble-free. However, there may be a bump in the road on rare occasions.
Declined credit or debit card deposit
Aside from the most common reason of needing more funds, there are other reasons why your card may not be going through. If this isn’t the issue and you have enough funds, consider contacting your bank or card issuer.
Some banks and credit card companies do not allow using their cards for online gambling or have limits set that you must manually lift.
Another common cause is that your card issuer needs to allow the card to be used with online casinos. If this is the case, try an e-wallet since credit card issuers typically do not restrict funds transfer to an e-wallet.
An error occurs during the deposit process
The internet and wifi services are not perfect. As with any website or internet connection, interruptions can happen. The first step is to close the casino tab, wait a moment, and then log back in and try again. If the error continues, try a different browser. If that does not solve the issue, take and send a screenshot to the casino’s customer service department. Include your email address, a description of the problem, and the deposit method.
You can expect a quick response since it’s in the casino’s interest to get you playing.
Unable to withdraw your winnings online
Legal online casinos will always allow you to withdraw your money. If you are having problems with a withdrawal, it can be solved.
Make sure that you are meeting the minimum withdrawal amount for the method you’ve chosen. You can collect your funds at the retail casino if the amount is less than allowed online. If the request meets the minimum amount, double-check that you did not use special characters on the withdrawal form or include decimal points or commas in the amount. You must also use whole numbers.
If there is still an issue, email the error message or a screenshot to customer service. They will get it sorted for you.
Can not withdraw the entire credit balance
First, ensure you meet all the withdrawal requirements as outlined above. If you have used a bonus or played in a tournament or other promotion, ensure you’ve completed any playthrough requirements or other participation conditions.
If there is still an issue, email customer support, and they will help you.
Withdrawal request cancelled
If you’ve completed a withdrawal and then it’s been canceled, it is most likely due to one of these issues:
- A withdrawal to a payment method not in your name.
- Withdrawing before play requirements have been met.
Be aware that the casino has the right to send withdrawals to the payment method used to make the deposit up to the total amount deposited before other withdrawal options are used. The payment methods used are at the discretion of the casino.
The casino will communicate with you if there is an issue. Always check your registered email with the casino for messages about withdrawal. If the casino has yet to email you, you must email the casino explaining the issue.
RELATED: Cashless casinos in Michigan
Always gamble responsibly
Gambling is entertainment. If you or someone you know has a problem with gambling, the state of Michigan, Michigan casinos, and several nonprofits can help.
Additionally, many payment options prohibit or restrict online gaming to reduce problem gambling. Credit and debit card issuers may exclude deposits specifically to online casinos or limit the daily or cumulative amounts available for deposits at online casinos. Several prepaid cards do not allow online casino deposits.
Almost all payment methods have a maximum deposit limit, which helps control unhealthy gambling. For example, many e-check providers limit how much you can deposit within a 7-day period, and Paynearme has a $500 daily cumulative limit. If the payment method you use does not set limits or the limits are too high, online casinos allow you to set your limits through deposit and time limits.
- Deposit limits let you manage how much you can deposit over a specific time.
- Time limits let you manage the length of your gaming sessions,
For example, FanDuel has a program called Play Well that gives you the power to bet wisely.
If these limits are insufficient, please contact one of the following organizations for help.
The Michigan Department of Health and Human Services (MDHHS) has a 24-hour toll-free helpline, 1-800-270-7117. For more information, go to the MDHHS website.
Michigan casinos have a Disassociated Persons List that allows customers to voluntarily self-exclude from Detroit casinos by submitting a Removal Request Application.
The Responsible Gaming Database (RGD) allows a patron to voluntarily self-exclude from all Michigan-regulated online gaming.
Other resources include:
- Gam-Anon – For family members and friends of compulsive gamblers.
- Gamblers Anonymous – A group of men and women who support each other to overcome gambling problems.
National Council on Problem Gambling – Provides information about problem gambling.
Casino Banking Methods FAQ
- PayPal
- Apple Pay
- Play+ prepaid cards
- Venmo
- E-checks
- Credit cards
- Debit cards
- Bank transfer
- Paynearme
- Skrill
- Casino cage
Yes, and that minimum depends on the payment method and the casino. Generally, the minimums are in the $5 to $10 range. However, if you take advantage of a welcome no-deposit bonus, you can test the casino before depositing.
Deposits will be in your online casino account immediately to up to 24 hours, depending on the deposit method.
All casinos have a ‘review process’ for withdrawing money. This can be as long as 10 days, after which each payment method has a processing time. But generally, you will have your winning back within a week. Some withdrawal methods are instant, such as with a casino prepaid card.
Sometimes. If there is a withdrawal minimum, it depends on the payment method and the casino. Generally, the minimums are in the zero to $20 range.
The first step is to find out why the casino isn’t releasing your funds. Contact the casino immediately and find out the reason for the hold. In many cases, this is due to them requiring additional proof of identity. If the issue persists and no measures are taken to move your funds, you can contact the Michigan Gaming Control Board.
Unfortunately, if you have opted to gamble at an illegal offshore casino not regulated by the Michigan Gaming Control Board, there isn’t much you can do outside of working with them in hopes of getting your money.