Payment Methods for Maine Sportsbooks
Funding your account and getting paid out should be the easiest part of sports betting. Both Caesars and DraftKings support the same core payment menu in Maine — here is what to use and what to avoid.
Methods at a Glance
| Method | Deposit | Withdraw | Speed | Fees |
|---|---|---|---|---|
| Online Banking (ACH) | Yes | Yes | 1–5 business days | Free |
| Debit Card (Visa / Mastercard) | Yes | Yes | Instant deposit · 1–3 days withdraw | Free |
| PayPal | Yes | Yes | Instant both directions | Free |
| Play+ Prepaid | Yes | Yes | Instant | Free |
| Cash at Cage | Yes (Caesars only) | Yes (Caesars only) | Instant | Free |
| Credit Card | Limited | No | Instant | Cash-advance fees apply |
Method-by-Method Notes
Online Banking (ACH)
The most reliable option for funding amounts above $100. Plaid-style instant verification makes setup take a couple of minutes. Withdrawals route directly back to your bank.
Debit Card
Fast, ubiquitous, and the default for most new bettors. Withdrawals require a verified card on file — your first cashout via debit may take longer while verification clears.
PayPal
The single fastest withdrawal option in Maine. If you already have a PayPal account, link it for two-way speed. PayPal does not charge fees for sportsbook transfers.
Play+ Prepaid
Both Caesars and DraftKings offer branded Play+ cards (Caesars Prepaid and DraftKings Play+). Funds live on the card itself, separate from your bank, and can be used at participating retailers via Discover Network. Useful for budget control.
Cash at the Cage (Caesars Only)
If you're at Oddfellahs in Portland, you can deposit or withdraw via the casino cage. Useful for instant access to funds without bank delays.
Credit Cards — Read the Fine Print
Some banks classify sportsbook deposits as cash advances, triggering immediate interest and fees. Many issuers (notably Capital One, Bank of America, Citi) block gambling transactions outright. If your card works, you cannot withdraw to a credit card — winnings must route to a debit card, ACH, or PayPal instead.
Withdrawal Tips
- Verify your identity first. Both books require ID verification before your first cashout. Doing it during signup avoids friction later.
- Use the same method for deposit and withdrawal when possible — minimizes review time.
- Large withdrawals may trigger additional manual review (typically over $10k). Allow extra time.
- Tax forms. Single sports betting wins of $600+ at long odds generate a federal W-2G. The book issues it; you're responsible for reporting.
Related
21+. Must be physically located in Maine. Gambling problem? Call 1-800-GAMBLER or visit our responsible gambling resources.