Written by:
Damjan Jugovic Spajic
Fact checked by:
Paul Ricci
Updated:
February 14, 2024

American Express Betting Sites

American Express Betting Sites

American Express is widely accepted in the United States, with almost 25% of credit cards used in the country issued by this financial company. As such, it’s no surprise that a good number of legit online sports betting sites support this banking method, including BetMGM, DraftKings, Caesars, and Borgata.

Using AmEx at sports betting sites that support this payment method allows you to make instant deposits while enjoying safe and secure transactions, and some of the best AmEx betting sites cover fees when you make deposits.

This guide will not only unveil the top online sportsbooks accepting AmEx, but it will also explain why we chose these sites. Using American Express to make a ten-spot deposit or more at online betting sites is a snap, as you only need to visit any of the sportsbooks listed on this page, complete the signup process, select AmEx from the list of supported deposit methods under the cashier section, and enter the unique code you’ll receive via email or text message to complete the transaction.

How AmEx Online Betting Works in the US

With a history that stretches back to 1850, American Express started as a Buffalo, New York-based freight forwarding company. It was founded after the merger of the following three cash-in-transit companies: Livingston, Fargo & Company, Wells & Company, and Wells, Butterfield & Company.

American Express currently has more than 56.4 million cards in the US, making it one of the most popular card issuers in the country. The company offers different types of cards to suit all needs, including several kinds of Personal Cards, Serve Cards, and Small Business Cards. Blue Cash Everyday Card, Delta SkyMiles Gold Card, and The Platinum Card are some of the popular cards it offers.

Each card has its own perks like cashbacks, reward point systems, and welcome bonuses. AmEx has earned global trust mainly due to its long history coupled with the top-notch customer service and impressive rewards it offers.

Given the convenience of using AmEx cards and the top security measures put in place to protect your data, some of the best sports betting sites in the US accept this banking method. You can only fund your sportsbook account at the cashier using your Personal American Express card. Deposits through AmEx are instantaneous, and you can use your mobile phone or PC to fund your sportsbook account.

Online Betting Sites Accepting American Express

Caesars Sportsbook

4.4/5
  • Minimum deposit $10
  • Reliable and user-friendly app
  • Most lucrative first bet promotion in the market
  • Huge market depth and coverage
  • Best rewards program in the industry
  • Experience can vary per state
  • Frequently changing its features
$1,000 First Bet on Caesars
Play Now

BetMGM Sportsbook

4.6/5
  • Minimum deposit $10
  • Plenty of payment methods available
  • Well-designed Android & iOS app
  • In-Game wagering
  • Football live streaming is not available
  • Customer service contact has to go through FAQs
Up To $1,500 in Bonus Bets
Play Now

DraftKings Sportsbook

4.8/5
  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system
Bet $5, Get $150 In Bonus Bets
Play Now

While it is not a common sportsbook payment method like Visa and Mastercard, more and more sports betting sites continue to add AmEx as one of their banking options since it’s widely accepted and implements tight security measures that safeguard players’ financial data. American Express has also quickly gained a lot of traction amongst sports bettors because it’s a convenient and reliable payment option, allowing them to fund their sportsbook account in the twinkling of an eye and with zero hassle.

To ensure your sports betting journey doesn’t come to a screeching halt because of playing at an unreliable site, our team of experts has handpicked the best American Express sportsbooks you can join and start betting on major sporting events.

Top American Express Betting Sites

  1. 🥇 BetMGM Sportsbook
  2. 🥈DraftKings Sportsbook
  3. 🥉Caesars Sportsbook
  4. 🎖️Borgata Sportsbook
  5. 🏅DRF Sportsbook

🥇#1 BetMGM Sportsbook

Available in 22+ states, BetMGM ticks all the boxes for one of the best US minimum deposit sportsbooks that allows you to fund your betting account using an American Express-branded card. But keep in mind that you cannot make AmEx deposits using the following cards:

This sportsbook covers transaction fees when you use your AmEx card for deposits. Indeed, BetMGM is the king of sportsbooks since it brings US players action with thousands of markets from a diverse range of sports, including football, soccer, baseball, and ice hockey. Whether you like to bet on player props, totals, spreads, or futures, BetMGM Sportsbook has got you covered.

BetMGM also offers mouth-watering bonuses that will set your taste buds ablaze. For instance, the New Customer Offer grants new sign-ups a succulent bonus that rewards them with $158 in Bonus Bets when they make a deposit of at least $10 and place their first wager with a $5 stake through the BetMGM Sportsbook app. The offer is available to players from all the states where this betting site is legal, excluding Washington, D.C., Nevada, Puerto Rico, and New York.

Existing customers who lay down a parlay on NBA Monday games will float around on cloud nine since they will receive a 33% boost on their wager. The fun doesn’t stop there, as you can snag up to $2,000 every month by inviting up to 20 friends to join BetMGM. Additionally, this American Express betting site is known for offering competitive odds.

✅Pros

❌Cons

BetMGM Sportsbook

4.6/5
  • Minimum deposit $10
  • Plenty of payment methods available
  • Well-designed Android & iOS app
  • In-Game wagering
  • Football live streaming is not available
  • Customer service contact has to go through FAQs
Up To $1,500 in Bonus Bets
Play Now

🥈#2 DraftKings Sportsbook

Not only is DraftKings one of the pioneers of the online sports betting market in the United States but it also ranks among the best sportsbooks in the industry because it offers a vast array of betting markets and unparalleled customer service.

DraftKings also did one hell of a job creating a distinctive user interface design for its mobile app and site. The navigation system of the DraftKings app is much more advanced than most of its competitors, guaranteeing a smooth and reliable betting experience since it helps you find what you want as quick as a flash. In addition to viewing all the markets in a given game, I could also see a specific bet by slate.

DraftKings offers odds on a broad range of sports betting markets. You’ll find odds on a wide variety of leagues within each market. You can place wagers on major sports leagues, including the NBA, NHL, and MLB.

While this betting site accepts a wide range of payment methods, the available options may vary depending on your state and the DraftKings product. For instance, only sports bettors from NJ can make AmEx deposits at DraftKings Sportsbook at no cost, while players from all the states where DraftKings Daily Fantasy Sports is available can fund their accounts using American Express.

DraftKings Sportsbook is available in 22 states, and new players who register an account from an eligible jurisdiction will receive $200 in bonus bets at the drop of a hat when they place a $5 bet. Anyone located in any of the states where DraftKings Sportsbook is legal, except Massachusetts, will receive a 20% match deposit bonus up to $1,000. But you’ll have to opt into this offer when making a $5 deposit or more.

✅Pros

❌Cons

DraftKings Sportsbook

4.8/5
  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system
Bet $5, Get $150 In Bonus Bets
Play Now

🥉#3 Caesars Sportsbook

With a rich array of sports markets, Caesars Sportsbook provides players from 26 US states with diversity in betting options. The betting site has a clutter-free, sleek, and intuitive layout that allows you to navigate through the site without breaking a sweat. And since pages have super fast loading times, this American Express online betting site delivers an enjoyableuser experience.

Caesars Sportsbook accepts a plethora of banking options, including American Express payments. The minimum amount you can deposit using your AmEx card is set at $10, while the maximum cumulative AmEx deposits you can make on a single day is $500.

Caesars Sportsbook also posts favorable odds on spreads, point totals, and moneyline bets. The site provides betting odds for all popular sports, keeping players engaged with any event they wish to bet on. If you are a fan of the NFL, you can explore comprehensive NFL odds, including player props, totals, and point spreads.

If you are a sucker for hockey, basketball, or baseball, you will be glad to hear that this American Express online betting site offers an equally remarkable wealth of odds covering the NHL, NBA, and MLB leagues.

Caesars Sportsbook has knocked most of the AmEx sports betting sites on the US market out of the park when it comes to bonuses. New customers will be overjoyed to hear that this online sportsbook grants up to $1,000 insurance on the first wager they place. Other bonuses and promotions that existing customers can take advantage of include referral bonuses, profit boosts, regular odds boosts, and a loyalty program.

✅Pros

❌Cons

Caesars Sportsbook

4.4/5
  • Minimum deposit $10
  • Reliable and user-friendly app
  • Most lucrative first bet promotion in the market
  • Huge market depth and coverage
  • Best rewards program in the industry
  • Experience can vary per state
  • Frequently changing its features
$1,000 First Bet on Caesars
Play Now

🎖️#4 Borgata Sportsbook

Borgata Sportsbook is the go-to choice for many NJ and PA sports bettors since it has great parlay-building features and provides a wide range of sports markets, covering over 20 sports with markets for international and US competitions. Their odds are also competitive and similar to BetMGM.

Borgata Sportsbook also has excellent live-streaming options and an extensive range of banking options. You can fund your betting account using your American Express-branded card, with the minimum deposit being $10 per transaction. The site does not accept Small Business Cards, Corporate Travel Cards, and Bank Co-Branded Cards.

The operator also gives new users from NJ and PA a guaranteed $100 in bonus bets when they bet on any of the available sports. Borgata Sportsbook has an exciting free-play game for those who love NFL football. You only have to opt in and pick your results. You will win a share of the $15k prize pool in Freeplay if the winning teams you pick are more than the Borgata Book.

✅Pros

❌Cons

🏅#5 DRF Sportsbook

DRF Sportsbook went live in Iowa in early 2022, and the operator plans to expand into six other US states by the end of 2024. This betting site has a simple design that’s easy on the eye, and browsing information pages is duck soup. With intuitive menus and navigation, going from one page to another to find what you want is pretty easy-breezy. I found it effective for sifting through sports and available events on smartphones and tablets.

At DRF Sportsbook, players can bet on 15+ sports, each providing a rich selection of markets, including half-time specials, props, and game combos. The operator offers aggressive odds with some markets. I liked the fact that I could alter lines and odds for full-game markets.

DRF Sportsbooks allows you to fund your betting account using all major credit cards, including American Express. The deposit limit for any non-authorized credit card is $1,500 per week, and they charge a $5 maintenance fee for any amount you deposit. You can make instant AmEx deposits online or via phone at 1.877.408.1999.

The DRF Sportsbook welcome bonus grants new customers a 100% deposit match bonus of up to $300 when you fund your sportsbook account with at least $5. That’s not all, as you will also receive a $25 bet credit that you must claim within seven days under the My Bets menu when you log into your newly created account.

✅Pros

❌Cons

Why We Selected These American Express Betting Sites

Our team rigorously evaluated the above AmEx betting sites based on various criteria to ensure we only recommend reputable operators. One of the reasons we selected the sportsbooks on this page is because their top priority is the security of sports bettors; they all use advanced SSL technology to encrypt all financial and personal data to and from their platforms. They also use firewalls to prevent malicious attacks and unauthorized access to the players’ betting accounts.

We hand-picked these online sportsbooks because they support a wide range of banking methods known for having unique set features, including quick transaction times, two-factor authentications, and ease of use. Most of these payment systems have flexible deposit and withdrawal limits suitable to the needs of different types of sports bettors.

The sites also allow you to place wagers on a vast range of sports, and their robust sportsbooks cater to an impressive range of betting preferences. Additionally, they offer a generous welcome offer for new players and great ongoing promotions that allow existing customers to make the most of their online sports betting.

We also ensured that these sportsbooks are fully licensed since this certifies their legitimacy and verifies that their online sports betting services meet the required standards. They also provide stellar customer service available 24/7 to help players who may encounter problems as they place bets on their favorite sports.

Lastly, all these sportsbooks are mobile-optimized and have a handy mobile app that you can install on your tablet or smartphone, allowing players to experience the exhilaration of sports betting in the palm of their hands.How to Deposit with American Express at Online Betting Sites

Before you fund your online sports betting account with American Express, you must first apply for your AmEx card. Here is how to do it:

You will receive your AmEx card between 7 and 10 days. You’ll then have to activate it by heading to https://www.americanexpress.com/in/activate and entering your 5-digit card number and 4-digit Card ID. Alternatively, you can use the American Express app to activate your card.

Once you have activated your card, you can now select any of the sportsbooks featured on this page and use our exclusive links to make an AmEx deposit to enjoy your bonus. But first, you must sign up for an account at one of these betting sites. To do this, you must be 21 years or older. The registration process will only take a couple of minutes, and all sites will ask for similar information. Here are the simple steps you need to follow to create an online betting account at one of our recommended sportsbooks:

Once you have verified your identity, you can head to the Cashier page by clicking the Deposit button and choosing America Express as your deposit method. Fill out the boxes with your card details, including your AmEx card number and the card’s expiration date. Enter the amount you want to deposit; make sure it lies within the minimum and maximum deposit limits stated by your chosen AmEx online betting site. The best part is that you will qualify for the welcome bonus when you meet this minimum deposit requirement.

American Express Minimum and Maximum Deposit Limits

AmEx deposit limits vary from one sportsbook to another, but the minimum deposit at most betting sites I have reviewed ranges from $5-$50. You’ll see these limits in the cashier section when funding your account. For instance, the minimum deposit limit at DraftKings Sportsbook is $5. You can expect to find $10 minimums at most of our recommended online sportsbooks, including BetMGM Sportsbook and Caesars Sportsbook.

The maximum deposit limits at most sites range from $1,500 to $5000. For instance, the deposit limit for AmEx cards is $1500 per week at DRF Sportsbook.

Keep in mind that when American Express approves your application, they will set a credit card limit based on various factors, including your credit profile, income, and the card you choose. The AmEx Platinum Credit Cards have a max credit limit of up to $50k, while all other AmEx credit cards have max limits of up to $25k.

How to Withdraw From American Express Betting Sites

Most American Express online betting sites won’t allow you to withdraw your winnings until you have verified your age and address. Some sportsbooks, including DraftKings Sportsbook, will even prevent you from placing wagers if you haven’t completed the verification process. Reputable operators do this to comply with federal and state online gaming regulations.

Our recommended AmEx sportsbooks will ask you to complete KYC by providing a range of personal information that will confirm your age and location. To verify your age, you’ll have to upload government-issued identification documents, such as a passport, ID card, or driver’s license. The more common age limit is 21; however, some US states, including New Hampshire, Montana, and Kentucky, allow you to engage in domestic sports betting if you are 18 years old and above.

The most commonly requested documents for proof of address include copies of a utility bill or bank statement bearing your name and personal residential address. The documents must also be dated no more than three months.

Every bonus that AmEx sports betting sites offer, including a bet bonus and initial deposit bonus, is tied to wagering requirements, which are conditions that you must meet before withdrawing any winnings associated with a bonus deal. For instance, the Caesar Sportsbook new-user promo for $1k worth of first-bet insurance comes with a 1x wagering requirement that you must complete within 14 days. You also have to place a single wager of $10 to qualify for this offer.

Due to the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) and excessive exposure, betting sites that support this payment method do not allow players to make withdrawals to their AmEx cards. But, you can always use alternative methods to withdraw your winnings, such as paper checks, online bank transfers, ACH wire transfers, and e-wallets like PayPal and Skrill. Follow the steps below to make a withdrawal at an AmEx online betting site using an alternative banking option:

Withdrawal Processing Times

All withdrawal requests you make at sportsbooks are subject to internal review, which can take between 1 hour and 5 business days, depending on the operator. For example, all withdrawal requests at BetMGM Sportsbook have an internal review period that often takes 3-5 days, while Caesars approves withdrawals in as little as 60 minutes if you have already verified your identity and account.

If everything checks out and the internal review is approved, the sportsbook will credit your funds to the account you selected as your preferred withdrawal method. The time it takes for the funds to hit your account will depend on the withdrawal method used. Check out the estimated processing times for some of the most common withdrawal methods that leading sportsbooks support:

Fees and Charges when Betting with American Express

Most betting sites, including BetMGM and DraftKings Sportsbook, do not charge players anything when they make AmEx deposits. However, some operators like DRF may charge a maintenance fee for all deposits you make using your AmEx card.

You can also incur some charges as stipulated in your agreement with American Express. You may pay a fee when you open an AmEx account and annually to enjoy the perks and features of some cards.

AmEx may also tack on a fee for funding your sportsbook account with your card. Of course, the percentage and total charge will depend on your contract with American Express, but it can range from 1% to 5%.  Be sure to read and understand the agreement before making an AmEx deposit.

Tips for Managing Your Bankroll at American Express Betting Sites

Bankroll management is, without a doubt, the backbone of prosperous sports betting. Below, I have shared some bankroll management tips that will help you have a profitable and enjoyable betting experience when playing at American Express betting sites:

Choose Sportsbooks with a Low Minimum Deposit Limit

You can join sportsbooks that allow you to start your betting journey with a small bankroll. For instance, DraftKings Sportsbook allows you to deposit as little as $5 with your AmEx card and claim $200 in bonus bets when you place wagers worth a fiver; this is a great way to boost and extend your bankroll.

Build Your Bankroll with Bonuses

Betting sites that accept AmEx offer a wealth of bonuses and promotions to attract new players and retain existing customers. You should take advantage of these offers and increase your bankroll. Most sportsbooks offer a welcome bonus, which applies to your first few bets or initial deposit. Once you have claimed your sign up bonus, you can hunt for ongoing promos and stretch your bankroll. These include reload bonuses, referral bonuses, and odds boosts.

Avoid Parlay Betting and Stick to Single Bets

Parlay bets involve combining multiple one or more single bets into one wager. This could jeopardize your bankroll’s stability since you will lose money faster than someone who chooses to place single bets. Parlay betting is risky and not a good bankroll management strategy since to win a parlay bet, you’ll have to win every leg included in the parlay. That means your wager will lose if only one leg fails.

Choose a Unit Size

Determine your bankroll size and only decide what percentage of the bankroll you’ll bet on any single event. I recommend beginner sports bettors to keep the size of their bets consistent. Selecting a unit size between 1% and 5% is a good idea. If you are a conservative bettor, you should wager between 1% and 2% of your bankroll per single bet, while aggressive bettors should consider betting 3-5% of their bankroll.

Use Responsible Gambling Tools

Reliable AmEx betting sites offer responsible gambling tools that can help you manage your bankroll. For instance, with the Deposit Limits tool, you can cap the amount you are willing to deposit hourly, daily, weekly, or monthly. The Loss Limits tool allows you to set a limit on the amount of money you can lose for a period of your choice, while the Session or Play Time Limits help you control how much time you spend at a betting site.

Pros and Cons of Using AmEx for Online Betting

✅Pros❌Cons
It offers advanced security features designed to protect users’ financial and financial information, such as SafeKeyAmEx cards can have annual fees that range from $492 to $695 or more
Using AmEx as your preferred deposit option at online sports betting sites ensures you are only playing at a reputable and legal sportsbook like BetMGMYou cannot withdraw your winnings using your American Express card, so you might have to find other alternatives like e-wallets and your bank
It offers a convenient way to fund your online betting account since it’s easy to use; for instance, your funds will reflect in your sportsbook account within 1-2 minutes when you make an American Express depositBetting sites that accept American Express are not that many when compared to sportsbooks that accept Visa and Mastercard

Alternatives for Betting in the U.S.

US players looking for better alternative payment options for betting on their favorite sports should consider the following banking methods:

FAQs

  • Do any sportsbooks take AmEx?
    BetMGM, DraftKings, Borgata, DRF, and Caesars are some of the best online betting sites that accept AmEx deposits.
  • Can I withdraw winnings from a betting site using my AmEx card?
    You cannot use your AmEx card to withdraw your winnings from online sports betting sites.
  • Does American Express have bonuses?
    AmEx periodically offers different types of bonuses and promos, including rewards points and cash bonuses. You can also enjoy a range of bonuses and promotional deals when you use AmEx as your preferred payment method at our recommended sportsbooks. These include no-sweat or bonus bets, boosted odds, and deposit bonuses.
  • Is AmEx a safe way to deposit funds at online sports betting sites?
    American Express offers great security measures to ensure each transaction is safe and secure. SafeKey is an innovative authentication technology designed to work in the background to safeguard AmEx users against fraud, making sure it's you using your American Express card at online betting sites.
  • What's the minimum deposit to open an AmEx account?
    There is no minimum deposit requirement to open an American Express account. You only need a good credit score to get approved for an AmEx card.
AUTHOR
Damjan Jugovic Spajic

A soccer and eSports fan who always roots for the worst possible teams, Damjan is a resident writer and contributor at Minimum Deposit Betting Sites. With over 5 years of experience in the online casino and sports betting industry, he largely focuses on writing reviews and testing out bookmaker transaction processes.