Venmo betting sites in Mississippi
If you are looking for all you need to know about Venmo betting sites in Mississippi, then we’ve got you covered. In this article, we will explain what Venmo is, how to deposit and withdraw, answer all your FAQs, and much more.
Venmo explained
Venmo is an electronic payment method for the exchange of money between individuals. It has a physical card powered by MasterCard. Gamers use the debit cards to make payments.
Founded in 2009, Venmo is one of the PayPal services that offer to send and receive money at no cost. With Venmo, you do not need to have a credit card. Still, if you have a Venmo debit or credit card, you can pay for bills in-person.
Venmo app is available on Android Play Store and Apple Store. However, note that this payment solution does not have a Windows app. The Venmo betting sites in Mississippi require the players to install the app link the account to their debit, credit or checking account.
This article has covered betting sites that accept Venmo in Mississippi. Read the entire article to understand how to deposit and withdraw funds using Venmo.
Why use Venmo when sports betting in Mississippi?
The best thing about Venmo is that it gives numerous top-notch protection and privacy features to protect vulnerable customers from security breaches. For instance, Venmo has data encryption technology for users’ protection against unauthorized transactions.
To use Venmo, you must install the Venmo app, create an account, and link to their credit card, debit card, or checking account. Afterward, you can fund and withdraw money from your sportsbook in MS.
The pay and request section is available on the Venmo app. Therefore, you can only enter the recipient’s phone number, username, or email. You can either keep the balance or transfer it from your Venmo account to your linked account when you receive the money.
Additionally, Venmo is typically free. However, gamblers only pay a 3% transaction fee when using a credit card to send money to betting sites that accept Venmo in MS.
Again, Venmo has limits on your money transfer. For unverified Venmo users, the limit is $2,999.99, while $4,999.99 is a limit for verified users every week. But still, players can spend an additional $2,000 weekly on authorized vendors alone.
In summary, the total Venmo limit stands at $6,999.99 weekly.
Lastly, the transaction processing time varies, mainly with the type of transaction. A standard transfer may take three business days, with the most approved taking 72 hours. But, for an instant transfer, you’ll pay a 1.5% fee, and it will take 30 minutes.
How to deposit with Venmo on a betting site in MS
Funding Mississippi online betting apps with Venmo is a straightforward process. Here is our step-by-step guide to depositing money into your betting account.
How to withdraw with Venmo from a betting site in MS
Mostly, sportsbooks in MS that accept Venmo deposits also allow withdrawals. Deposit and withdrawals have all simple processes. Here is the procedure to withdraw your winnings.
Log into your casino account and select Venmo as your preferred withdrawal method to withdraw funds. On the ‘Withdraw’ option, state the amount you wish to withdraw and confirm, you’ll receive a confirmation email, and the funds will instantly be credited to your Venmo account.
Alternatively, you can use Venmo physical cards to transfer money to your bank account or withdraw via ATMs that accept the card. The process of withdrawing funds either at an ATM or to bank accounts is fast, secure, and accessible.
However, the process may take some three business days.
Best Venmo betting sites in Mississippi
Venmo can be used as a payment method on some of the top betting sites in Mississippi. These include:
DraftKings Mississippi
DraftKings Sportsbook is one of the leading betting sites with dedicated iOS and Android apps in MS. In addition, the sportsbook has superb gambling features such as cash-out, in-play game betting, same-game parlays, live streaming, and daily fantasy. The user interface is top-notch, and the platform offers plenty of sports.
One more thing that makes DraftKings Sportsbook’s payment options stand out from other gambling providers is the safe and secure banking transactions. The s include Venmo, MasterCard, Visa, bank transfers, eCheck, and PayPal.
On top of that, banking processes are straightforward and simple. Transactions are instantaneous and cost-free. But, note that withdrawals may take 1-3 banking days.
BetRivers Mississippi
BetRivers is a popular sportsbook with lavish welcome bonuses to its new customers and a range of promotions for existing customers. It also offers speedy payouts and an excellent desktop site.
On the contrary, the sportsbook does not provide professional 24/7 customer support. Also, payment services are very narrow.
BetRivers has live betting, live streaming, stats Hub, cash out, and odds boost features, giving gamers the best gaming experience.
BetRivers accepts deposits via MasterCard, Visa, bank transfers, BetRivers Play+ card, and Venmo. The payout options are bank transfer, Pay+ card, or cash at the casino cage.
PointsBet Mississippi
PointsBet is one of the top options to choose from in MS, with an excellent interface on both mobile and desktop. It also has a wide range of sports and markets available to its customers.
PointsBet has a limited range of payment methods. Users can fund their betting accounts via Visa, MasterCard, PayPal, bank transfers, eChecks, and Venmo. Note that all these deposit methods do not support withdrawals. But still, payout processes are simple. Withdrawal request takes 24 hours of processing time.
FanDuel Mississippi
FanDuel has now become a dominant leader in legal online sports betting. It has the best gambling app that users can navigate with ease.
Deposits and withdrawals are relatively straightforward. Banks that accept deposits with FanDuel are PayPal, bank transfers, MasterCard, and Visa. Deposits are instant with FanDuel.
Equally, withdrawals are quick and easy. To withdraw your winnings, bettors can use Venmo, bank transfers, PayPal, or FanDuel. Players can also visit locations in Mississippi for cash withdrawals from their accounts. Still, the processing time for bank transfers may delay your withdrawals. It might take three banking days.
Pros and cons of Venmo for betting online in Mississippi
Venmo has a lot of benefits to the bettors in MS such as transacting funds in an easy, safe, and convenient way. Below is a list of customers’ help when they wager using Venmo.