While Tennessee online sports betting provides a lot of convenience for those in the state, there aren’t a ton of options for those that want to wager with cash. BetMGM gift cards aim to provide a workaround for such bettors.
Tennesseans can now find these cards at retailers across the state.
There are several upsides to choosing them for funding accounts on the sports betting app, including a nice bonus attached to each card.
Where to find BetMGM gift cards in Tennessee
You’ve no doubt seen racks of various gift cards when you walk through major retailers. BetMGM Sportsbook cards will now be among them at the following stores:
- Dollar General
- Kum & Go
Currently, these cards come in $25 and $50 denominations. Tennessee is one of eight states bettors can purchase them in. The rollout includes over 6,000 locations across those states.
Conveniently, BetMGM provides an online locator tool so you can pinpoint the nearest retailer to you.
In case you’re wondering, these are completely legal to use in the state. Regulators recently approved gift cards as a deposit method for Tennessee sportsbooks.
Since the state bans the use of credit cards to fund sports betting accounts, gift cards provide those that may not want to connect their banking info to their sportsbook account with another option.
As a matter of fact, there are some ways in which using these gift cards is superior to other deposit options. To some extent, though, it’s a matter of taste.
Reasons to use BetMGM gift cards for sports betting
As previously mentioned, these new gift cards are a convenient way to turn cash into funds on your BetMGM account.
BetMGM will reward you for doing so, too. Each card comes with a $10 bonus that will be placed in your account when you make the deposit.
There is a 1x playthrough requirement before you can withdraw any of those bonus funds, and the bonus dollars expire 30 days after issuance.
Still, it’s a bonus that isn’t offered with other deposit methods.
Another serious upside is that there’s no waiting for your deposit to clear this way. The second you deposit your gift card(s), you can use those funds to place bets. Other funding sources can take time to process while the operator verifies your banking information.
Perhaps the greatest benefit to Tennessee residents and visitors is the gift cards’ use as a budgeting tool. Bettors can purchase these cards in accordance with their betting budget, and as long as they stick to only wagering with those funds, never exceed their allotted bankrolls.
For responsible gambling, that’s an ideal approach.
While the cards aren’t reloadable, they are still a convenient deposit option just in time for football season for bettors that don’t want to use traditional banks to fund their wagering accounts.