Why Can‘t I Withdraw Money on BetMGM?

If you try to make a withdrawal from your BetMGM account and get rejected, there are 5 main reasons why this likely happened:

1. Your balance is below the $20 minimum payout threshold
2. You have bonus funds that haven‘t met the playthrough requirement
3. Your chosen withdrawal method doesn‘t match a previous deposit method
4. Your account is temporarily locked for security review
5. You made a mistake entering withdrawal details like account numbers

Understanding the specifics around each of these situations is key to resolving any pending cashout issues. Let‘s take a closer look:

Minimum Withdrawal Balance

Before allowing a payout, BetMGM requires that your account balance meets a minimum threshold. This amount varies depending on withdrawal method:

So if your balance is $15 and you request an online banking transfer, that withdrawal attempt will be rejected. You‘d need to continue playing games and building your account balance to at least $20 before meeting the requirement for that cashout method.

Unplayed Bonus Funds

If you have any active bonus funds, free bets, or other promotional credit in your BetMGM account, this can block withdrawals until you fully complete the playthrough or wagering requirements.

For instance, if you claimed a $50 bonus with 5x rollover, you‘d need to place $250 worth of bets before withdrawing. Even if your cash balance is over $20, any outstanding bonus obligations will prevent successful payouts.

Tip: Check your account‘s Bonuses section to see status of rollover progress or other redemption terms before attempting to cash out.

Unsupported Withdrawal Payment Method

BetMGM only processes payouts to payment methods that already have successful deposits from that same external account on file.

So if you originally funded your account via PayPal, you cannot request a withdrawal to your checking account unless you‘ve used it to deposit previously.

This policy is designed to verify legitimate ownership of all accounts being used to collect winnings. Having a deposit history from the same external account is key evidence for security and compliance.

Account Under Review

For safety and regulation requirements, BetMGM may temporarily restrict certain account functions, including withdrawals, while security reviews are being conducted.

Some common triggers for an account review include:

• Suspicious login or betting activity
• Difficulty validating your identity credentials
• Multiple failed deposits from a payment method

If your account is locked during an active investigation, you‘ll have to wait until receiving official notification that the review has been completed (or resolved in your favor) before regaining full access to payout capabilities.

Incorrect Withdrawal Details Entered

Lastly, make sure to carefully double check all the information entered during withdrawal requests. Simple data entry errors can also lead to failed payout transactions.

Pay particular attention to:

• Correct account numbers
• Exact full names (must match bank account holder)
• Valid addresses, routing numbers, etc.

Just one digit off in an account or routing number can kick back the entire cashout attempt even if everything else looks OK.

Taking an extra minute to closely verify everything is accurate before submitting the withdrawal form can help avoid incorrect detail situations.

How to Get BetMGM Withdrawals Working Again

Now that you know the key troubleshooting areas around BetMGM payouts issues, fixing them is typically straightforward:

• Minimum Balance – Keep playing games to build account balance past the $20 (or other) threshold

• Playthrough Bonus – Place more bets to complete any outstanding playthrough requirements

• Unsupported Method – Deposit from the chosen withdrawal method first to associate accounts

• Account Review – Wait for notification that review is done and restrictions lifted

• Incorrect Details – Resubmit withdrawal with 100% accurate account numbers and personal information

As long as you take the appropriate resolution steps based on what is causing the underlying withdrawal problems, getting your payout successfully processed through BetMGM cashier should be relatively simple.

Of course, be sure to reach out to BetMGM customer support if you have any other questions or issues getting payments to work properly on your account. Their agents are very familiar with policies around withdrawals and can provide guidance if needed.

I hope this gives some greater visibility into why you may struggle to withdraw funds from BetMGM at times. Let me know if you have any other common payout issues crop up! As an avid online sports bettor myself, I understand the importance of being able to conveniently cash out winnings.