PayNearMe betting sites in Illinois

Which betting sites in Illinois accept PayNearMe?

There are currently 5 betting sites in Illinois that accept PayNearMe for deposits and withdrawals: Caesars, BetRivers, FanDuel, DraftKings, and PointsBet.

About PayNearMe

PayNearMe is a payment platform, on which you load money in a physical store, such as 7-Eleven, Family Dollar, and CVS Pharmacy. It is similar to prepaid cards and eWallets. The biggest difference is that you need to visit a convenience store to load money, you cannot do it online. The whole process of using PayNearMe is very private since you do not have to fill in personal information.

Moreover, online sportsbooks are growing on the idea of this payment method, as there have been problems with financial transactions via credit and debit cards. Besides, they always have to take into consideration what their clients ask.

Bettors have been opting for this method more. Therefore, PayNearMe took advantage of this situation and offered a great alternative, that every day attracts more and more new users.

How to deposit using PayNearMe on Illinois sports betting sites

Depositing using PayNearMe on Illinois mobile betting apps and sites can be tricky if you do not know the steps you have to follow.

Luckily you can find them below. While they look a lot, at first sight, you will find that it is super easy and simple to make a deposit on PayNearMe.

Advantages of using PayNearMe on sportsbooks in Illinois

PayNearMe is not an ordinary payment method, in the sense that the procedure is not the same as others. Thus, it is only natural that it has certain pros and cons.

Your information is private

The first advantage is that your private information is very safe. It is actually what makes PayNearMe so attractive and what the platform sells. You do not have to provide your personal information or your banking details.

All you need to do is to have cash and visit a PayNearMe convenience story. This means that people who do not have a bank account, or a credit card, can also use the platform to pay for their online sports bets.

Safe & secure

As a consequence, your private information is also safe and secure. When you do not load them online, no one can hack you. This is very important because hackers tend to attack online gambling sites the most, as they want to steal the bettors' bank accounts.

Therefore, in order to protect their clients, both gambling sites and banks have such high-security measures. But it always helps to protect yourself as well. PayNearMe is a great way to ensure that no such thing will happen to you.

You keep control over your betting

When you gamble, it is easy to fall victim to the excitement and turn out to be addicted to it. In order to protect yourself from the worst-case scenario, you have to be careful with gambling.

PayNearMe helps you gamble in online sportsbooks with caution. It keeps track of your movements and the fact that you have to visit a store to pay for a deposit, makes you think twice about your move. That way, you are in total control of your betting habits, and you are not in danger of overcharging yourself.

Available 24/7

PayNearMe works with physical stores that are open 24/7. So, you can visit them to make your payment whenever you want during the day or week. It is an asset, given that you have to leave your house in order to complete a payment.

Disadvantages of using PayNearMe

PayNearMe has a few practical disadvantages you should know before choosing it. While most of the pros look great, they have another side as well, which is considered a flaw.

You need to travel

While having to visit a physical store to make the deposit has its perks, it definitely is not for everyone. Even though it helps you control your betting, which is super important when to comes to such entertainment, you may not want to leave your house in the middle of the night in order to place a bet.

Besides, it ends up costing you more because you have to spend money on gas too. Furthermore, there may not be a 7-Eleven or a CVS near you, and you may have to make a long distance.

Cash only

Being a cash-only way of payment is a double-sided coin. On the one hand, you can not spend more money than you already have, so you will not end up in debt. On the other hand, a credit card offers safety, a certainty. For example, let's say that you are wise about your gambling and that you do not overspend.

Your payday might be on Monday and you want to place a bet on Saturday but you do not have the cash to do it. A credit card would allow you to do it. But PayNearMe is strictly by cash.

Thus, you would end up missing that bet, just because you did not have cash. Another scenario could be you not having an ATM near you to withdraw the money and deposit it to PayNearMe. So, you would have to make an even bigger distance.

It’s not free

PayNearMe is not a free payment method. When you go to the store, you do not pay just your deposit, you also pay a small commission to the platform, which varies depending on your location and the amount you deposit.

There are cases where there is no fee at all, but there are also cases where the fee is very expensive because it goes up to $5,99. In most cases, however, the fee is usually $1,99. So, in total, if you combine the fee with the money you spend on gas in order to get to the store, you end up spending more money than the amount you were planning on depositing.

You can miss out on bonuses

Unfortunately, sometimes PayNearMe eliminates your chance of getting the best betting bonuses in Illinois. Many bonuses are not eligible for payment with PayNearMe. So, if you want something very specific to bet on, chances are you may not be able to do it with PayNearMe.

Actually, PayNearMe online gambling websites are not as many as one would think, eliminating your choices even more. So, in order to not fall into this unfortunate occasion, before claiming a bonus, read in the terms and conditions if it is eligible with this payment option.