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Once again, the leading online casino brand in Michigan has expanded its range of options for funding players’ bankrolls in the Great Lakes State. The well-known BetMGM now offers gift cards that can be purchased across the state at various retailers, available in hundreds of stores in MI.
While this offers greater flexibility for users of BetMGM Casino and BetMGM Sportsbook, it also serves as a marketing strategy for the gambling company. However, the most significant advantage lies in using the cards as a responsible gambling measure.
Where to find the new BetMGM gift cards in Michigan
If you reside or are employed in either peninsula, it is highly likely that you can easily locate these cards in close proximity. BetMGM has formed a partnership with TAPPP, a renowned company specializing in the production of prepaid cards for various brands.
At present, the BetMGM cards can be found in over 6,000 locations across eight states, including MI. Retailers that TAPPP will distribute the BetMGM cards to include:
- Dollar General – a retail store providing affordable products.
- Kum and Go
- Sheetz
- Speedway
Currently, there are two available denominations for the gift cards: $25 and $50. Upon depositing the card funds into your BetMGM account, you will receive an additional bonus of $10.
BetMGM offers a convenient locator tool to find the nearest retailer in your vicinity. Simply enter your address, and please note that the availability of retailers may vary depending on your selection.
Are these cards likely to sell quickly in MI? That will rely on various factors, including whether MI gamblers prefer the advantages of these cards over alternative deposit methods.
Pros, cons of using BetMGM gift cards for online gambling
If you are someone who prefers to gamble with cash or has relied on wire transfers to fund your account before, this deposit method has numerous advantages for you.
Previously, the only way to deposit cash into your BetMGM account was through the cage at the MGM Grand Casino in Detroit. However, these cards now provide an alternative for more residents of Michigan to conveniently convert their cash into funds in their BetMGM account. A visit to Detroit is no longer required.
Moreover, as soon as you deposit the gift card into your online account, your funds become instantly accessible. On the other hand, wire transfer deposits may take several days, eliminating the need for waiting for your deposit to be cleared.
You don’t have to worry about banks banning or restricting your credit or debit card deposits for gambling when using BetMGM gift cards.
Additionally, it is important to mention a few key points. Firstly, these cards are not prepaid “debit” cards; they can only be used once and cannot be reloaded. Moreover, it is not possible to withdraw cash from your BetMGM account using these cards.
In order to accomplish that, it is necessary for you to personally go to the cage located at the MGM Grand. Regarding the $10 bonus, there is a playthrough requirement of 1X and it will no longer be valid after a period of 30 days.
In the end, the choice of deposit method is entirely yours to make. However, for BetMGM, there is more at stake here than simply offering players an additional option.
Little commercials for BetMGM in checkout lines
The deliberate positioning of these branded gift cards close to cash registers in retail stores is not a coincidence. Similar to candy bars and mints, it is a strategic move aimed at convenience and encouraging impulsive purchases.
The BetMGM logo, visible within eyeshot, serves as an additional means to expose the brand to potential customers, even if they don’t specifically choose it while making their other purchases.
In terms of online gaming, BetMGM holds a dominant position in MI. It currently leads in revenue for online casino play and ranks among the top three in the state for sports betting.
It is yet to be determined whether placing numerous small ads in hundreds of MI retailers could propel it to the leading position in Michigan sports betting. However, one of the significant benefits for Michiganders could be their utilization of these cards for effective budgeting.
Know and set your limits for online gambling
Establishing and adhering to a budget is crucial for responsible gambling. These cards simplify the process, allowing even gamblers accustomed to alternative deposit methods to easily manage their finances.
Let’s say you have set aside $100 per month for online gaming. One option is to buy two $50 gift cards, deposit them into the app, and start playing. The added bonus of receiving $20 in extra funds certainly adds to the excitement.
Once you have used up the $100 along with any additional bonus funds for the month, you should refrain from betting until the start of your next monthly cycle. By doing so, you can ensure that you do not exceed your affordable limit for losses.
Responsible gambling necessitates self-control, regardless of the chosen deposit method. BetMGM gift cards offer an additional avenue to achieve this, although it is important to note that this method is effective only within its limitations.
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