In Tennessee, PayNearMe is one of the most popular methods to pay for betting activities. Their app lets the user deposit funds using cash and make bets quickly. Read on to learn more about the best betting sites in Tennessee that accepts PayNearMe

What is PayNearMe?

PayNearMe is a money-transfer service that allows you to use cash to make deposits, withdrawals, and other payments at participating retailers. More than 2,000 convenience stores across the country participate in PayNearMe.

Depositing to Tennessee sports betting sites using PayNearMe

Tennessee sports bettors can easily deposit using PayNearMe. It’s a quick and easy way to fund your account and start with online betting.

1. Create a PayNearMe account on the official website

You’ll need to have a PayNearMe account first. If you don’t, you can create one by visiting the website or downloading the app for free on Android or iOS devices. After logging in, visit your favorite sportsbook and click on the cashier to make a deposit.

2. Visit a sportsbook in Tennessee that accepts PayNearMe and head to their banking section

Choose “PayNearMe” from the list of available deposit methods, and then follow the instructions to find the nearest location where you can make a cash deposit. You will need your player account number and the amount of money you wish to deposit. Also, you can do this by entering it manually or sending an SMS text message containing this information.

3. Choose an amount to deposit

You’ll need to deposit at least $10 into your account to get started. This amount may be higher depending on the sportsbook you choose. After selecting an amount, click “Deposit Cash” and fill in all required fields. After filling out all fields, click “Continue”.The sportsbook will generate a PaySlip that includes instructions on how to submit your payment.

4. Take payslip to 7-Eleven or Walmart

The online sportsbook in Tennessee will generate a PaySlip and send it to your email address. You then print the PaySlip and go to a participating retailer like 7-Eleven or Walmart to make the deposit. The retailer will give you cash in exchange for the PaySlip.

5. Hand receipt to the cashier and pay

Hand the payslip to the cashier at any 7-Eleven store and pay your selected deposit amount with cash. However, you can also have your deposit mailed to you via USPS or FedEx, but this will take a few days extra.

6. Wait for the funds to be added to your sportsbook account

Once PayNearMe has approved the transaction, the money will be added to your sportsbook account. This usually takes anywhere from 1-24 hours.

Advantages of using PayNearMe for sports betting in Tennessee

  • Your information is private. If you’re looking to bet on sports but prefer not to share your financial information with anyone, PayNearMe is for you. With PayNearMe, you can deposit funds quickly and securely into your account and start placing wagers in minutes. You don’t need to create an account or give us your personal information.
  • Safe & secure. PayNearMe is a secure and convenient way to make payments. The PayNearMe service does not require any bank or credit card information. Thus, it means that you don’t have to submit sensitive personal information when using the service. The PayNearMe service also uses 128-bit SSL encryption technology to protect your payment information from hackers and other unauthorized users.
  • Available 24/7. The PayNearMe service is available 24 hours a day, seven days a week, and you can use it at any time of day or night. You can use PayNearMe for all types of sports betting sites, and it’s free to use.

Disadvantages of using PayNearMe on sports betting sites

  • You need to travel. If you want to use PayNearMe for sports betting, then you need to travel to your nearest convenience store or retailer that accepts this payment method. This means that you will have to take time off work and travel for about half an hour each time you want to make a deposit or withdrawal. In addition, if your local convenience store does not accept PayNearMe payments, you need to find another location close by.
  • Only cash can be used. The biggest disadvantage of using PayNearMe for sports betting is using only cash. Most online sportsbooks only accept credit cards, e-wallets, and prepaid cards. So, if you don’t have any cash on hand, there’s no way to deposit money into your account. This is a big problem because not everyone has access to cash at all times. Some people may keep some cash in their checking accounts, but that amount might not be enough to cover the deposit amount required by the sportsbook.
  • There are fees associated. Another disadvantage of using PayNearMe for sports betting is the fees associated with the service. The first fee is a flat fee of $1.50, which is charged by PayNearMe when you use their service. This fee is waived if you deposit more than $200 at once. They also charge a cash-out fee of $4.99 for every transaction you make using their service, but you can avoid this by depositing at least $500 at once.
  • You can miss out on bonuses. The biggest disadvantage of using PayNearMe for sports betting is that you can miss out on sports betting bonuses. Many sportsbooks have special promotions for new customers, but these often require that you make your first deposit with a credit or debit card. in order to redeem the bonus offer.

Alternatives to using PayNearMe for sports betting in Tennessee

Below are some of the best alternatives to PayNearMe betting sites in Tennessee:

FAQ

What are the fees that go along with PayNearMe?

When you make a payment using PayNearMe, the payment location charges you 3.99$. However, the sportsbook itself won't charge you any fees for making deposits using PayNearMe.

Are there limits to depositing at sportsbooks in Tennessee using PayNearMe?

No, there are no limits on the amount of money deposited with PayNearMe on Tennessee sportsbooks. You may use a single deposit to fund multiple accounts at different sportsbooks in Tennessee or use multiple deposits to fund a single account at one sportsbook.

Is PayNearMe safe to use for bettors in TN?

Yes, PayNearMe is a safe and secure option for funding sports betting accounts in TN. PayNearMe is licensed and regulated by the US government. Using PayNearMe, you don't have to disclose any financial information since it is a cash-based service.