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PayNearMe betting sites in Connecticut

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FanDuel, DraftKings, and SugarHouse fall on the list of PayNearMe betting sites in Connecticut. These are the only licensed sportsbooks in the state and PayNearMe allows players to make secure, fast, and simple cash deposits.

About PayNearMe

Run by PayNearMe MT, a subsidiary of Handle Financial, the payment method was launched in 2009, mainly to allow for fast cash transactions at retail locations like 7-Eleven.

As time went by, it gained popularity, mainly among people who did not want to share their bank details with any third party or did not own traditional bank accounts. Currently, it partners with over 27,000 locations in the country. And one can pay utility bills at any of the participating stores countrywide.

In sports betting, PayNearMe rose to fame for the same reasons. Punters want quick and secure deposit options. Online sports betting in CT is months old, but its punters can make PayNearMe deposits to all the legal sportsbooks. But seeing the method allow for withdrawals from the sportsbooks will be a dream come true for most of Connecticut’s players.

How to deposit using PayNearMe on betting sites in Connecticut

Below is a detailed guide on how to make deposits into your CT sportsbook account with PayNearMe:

  1. Go to the deposit section of the CT betting site – Most of the time, this option is in the top-right corner of the Home Screen. FanDuel and DraftKings, for instance, place a plus sign below the account balance, and you can click on it to make deposits.
  2. Choose PayNearMe – The list of deposit methods may be on a drop-down menu or a single list.
  3. Enter the amount you wish to deposit – $10 is the minimum you can deposit with the method and the maximum for every 24 hours is 500. After this, click the ‘Ok’ button to be redirected to the PayNearMe official site.
  4. You will be provided with a barcode – From there, you can print the slip or use your smartphone and receive the link with the barcode via text message or email.
  5. Take the slip to the nearest PayNearMe vendor – Any Family Dollar, 7-Eleven, or CVS store should accept the payment.
  6. Give them the slip and pay – The clerk will scan the slip to confirm the amount you owe alongside the money you present. If all is set, he/she will authorize the payment.
  7. The cash will be in your betting account in minutes – If all is set, processing of the payment will be instant. So, you should get the money in your sportsbook account in not more than 15 minutes.

Why bettors love PayNearMe betting sites in CT

A few of the reasons bettors in Connecticut love PayNear Me betting sites will be covered in this section. Transferring cash at hand into your online sportsbook in Connecticut is now very easy, thanks to the PayNearMe technology.

To many bettors, this is a high-end convenience and to sportsbooks, it makes transactions with customers more flexible. Some detailed advantages of choosing PayNearMe on sportsbooks in Connecticut are:

  • Your information is private: When making deposits with the method, the player’s details are converted into a barcode. And the clerks only feed the code to the computers to complete the transactions. Besides, one does feed in any personal details to PayNearMe apart from the target account. So, it promotes anonymity in online betting.
  • Safe & Secure: Safety is guaranteed when you bet with PayNearMe because it does not hold any of your money. Once you hand over the barcode and the amount is verified, the funds are paid instantly into your sportsbook account. Also, being cash-based means, the payment does not include any third parties like banks that may compromise the safety of your transactions.
  • You keep control over your betting (because you need to visit a store to deposit): Having to travel to a PayNearMe retail location means you must plan on what you are going to deposit. So, you’ll not make random visits to deposit money all the time and this helps in controlling your betting.
  • Available 24/7: The participating stores operate on a 24-hour basis. Thus, players can visit them and make deposits any time of the day.

Drawbacks of using PayNearMe when sports betting in CT

Although PayNearMe is the most popular cash-based deposit option in Connecticut, cash payments have their fair share of cons. Read more about the most important drawbacks of using PayNearMe to fund your betting account:

  • You need to travel: One has to access the nearest participating store to make sportsbook deposits via PayNearMe. So, no matter the location, there must be some movements and this may prove to be an inconvenience.
  • Only cash can be used: The credit/debit cards and bank options do not function, leaving only the cash payment to be the only option. Thus, using the method means being ready to deal with all the hurdles with cash deposits. For instance, there’s no security guarantee for those who move around with huge amounts to make deposits.
  • There are fees associated: PayNearMe charges between $1.99 and $5.99 for deposits. When compared to other methods with zero or fewer transaction charges, PayNearMe proves to be expensive.
  • You can miss out on bonuses: Online banking and electronic wallet deposits are encouraged. This is because they directly link with customers’ bank accounts which is a good sign for trustworthy players as opposed to using PayNearMe. Thus, one may miss out on bonuses aimed at popularizing the use of the advised methods.

Alternatives to using PayNearMe on Connecticut sportsbooks

  • Venmo betting sites in in CT: Venmo is a P2P payment app that facilitates quick and safe money transfers between friends and legal sportsbooks. In Connecticut, FanDuel, DraftKings, and SugerHouse sportsbooks accept Venmo payments. One can also make withdrawals through it.
  • Neteller betting sites in in CT: As an electronic wallet, Neteller allows players to make online payments, receive funds, and manage their money. It has its own account where you can store the betting bankroll. Besides, you can deposit money into your Neteller wallet via credit and debit cards.
  • Skrill settings sites in in CT: Skrill is another electronic wallet accepted by almost every sportsbook worldwide. It promises seamless and fast transactions, security, and reliability. Furthermore, it can also serve as an online bank.

FAQ

Is PayNearMe a secure option for betting online in CT?

Yes, PayNearMe is a secure option for betting online in CT. You only need to give your account name and the amount you want to deposit. Furthermore, there's no inclusion of a third party and your deposits are processed instantly. So, the provider deals directly with your sportsbook account and is liable for any security breach.

Do I pay fees using PayNearMe betting sites in CT?

Yes, you pay fees using PayNearMe betting sites in CT. PayNearMe charges between $1.99 and $5.99 depending on the deposit amount. While this may sound a lot, it equals the quality of service one gets using the method. That is a secure, fast, and convenient deposit service. But, other methods like Venmo, Neteller, and Skrill offer the service free of charge or at a lower cost.

Do all betting sites in Connecticut accept PayNearMe?

Yes, all betting sites in CT accept PayNearMe. Only three sportsbooks (FanDuel, DraftKings, and SugarHouse) are live and legal in the state. And they all accept PayNearMe deposits. So, no matter the player's preference, they will always be able to make deposits via PayNearMe in the state.