Depositing To A Tennessee Sportsbook Via PayNearMe

Posted on November 6, 2020

Before you can bet, you have to deposit into a sportsbook account.

A variety of deposit methods are available for Tennessee sports betting. PayNearMe is a relatively unfamiliar platform to many that is great for safe, speedy transactions.

The simplicity of this cash-based service may surprise bettors.

The convenience of PayNearMe

PayNearMe involves traveling to a brick-and-mortar location, offering the advantage of a nearly instant deposit.

It is the primary option for bettors looking to avoid disclosing sensitive bank account information to an operator.

Furthermore, the service is especially useful when making a first-time deposit outside of regular business hours.

Deposits made through eligible bank accounts generally take up to one business day to complete. If the sportsbook has not already verified an account, bank transfers can be further delayed.

Similarly, PayPal does not allow for an instant deposit unless a player already has funds sitting in that account.

Wire transfers are also rarely an option outside of normal bank hours.

Players looking to make a quick first-time deposit without waiting for verification or processing will enjoy PayNearMe’s cash option.

Depositing to a Tennessee sportsbook via PayNearMe

PayNearMe offers Tennessee residents a modern way of depositing via good ol’ fashion cash.

Bettors can deposit as little as $5 to as much as $500 per day in a few quick steps.

First, select cash as the deposit option on the Tennessee sportsbook app you are using.

The app will generate a single-use barcode. An employee at participating Family Dollar, CVS Pharmacy, Dollar General and 7-Eleven locations will scan that barcode at the store.

The clerk will accept the cash payment like any other cash transaction, with the barcode as the item of purchase.

The sportsbook account will reflect the transaction almost immediately. FanDuel specifies that funds will be available for wagering within 15 minutes of deposit.

This option is available on DraftKings, FanDuel and BetMGM, though it is not currently offered with Action 24/7.

Alternatively, Action 24/7 accepts cash transfers through ActionPay. Bettors can deposit at any Advance Financial location.

Representatives are available for account verification and deposit assistance.

Players can successfully fund a sportsbook account any day of the week with PayNearMe and ActionPay.

The little luxuries cash deposits afford bettors are well worth the trip to the store.

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Alec Cunningham

As a college athlete, Alec Cunningham played Division II golf at Tusculum University. She graduated in 2015 with a bachelor’s degree in Journalism and Professional Writing. She then returned to her love of written word in 2000 after working in the music industry as a concert promoter, tour manager and artist developer. As a journalist, she's covered a variety of topics and currently specializes in Tennessee online sports betting and Virginia casino news. She served as a panelist at this year's All American Sports Betting Summit, discussing the ever-evolving role of women in the gambling industry.

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