When you look at a list of deposit options at U.S. online casinos these days it’s easy to be confused by some of the methods listed. Sure it’s clear what VISA and Bitcoin are, but as you get further down the page you might notice a few others with names that you’ve never heard of before.
One of these will probably be “Person to Person” because technically it could mean anything. Well let the mystery end today because “P2P” is simply another way to refer to MoneyGram, the service that transfers funds around the world. However, it should be noted that some gambling websites are actually referring to Western Union when they list this, and might have MoneyGram nicknamed as “Money Transfer”. So a good rule of thumb is that when you see any combination of “money”, “person”, “transfer”, “rapid”, and “funds” in a list of deposit methods, the operator is referring to either MoneyGram or Western Union and you will have to contact their customer service team directly to confirm which is which.
Since we’ve already published a guide to depositing at online casinos with Western Union, this will focus on MoneyGram and how to use it. Although if you’re already familiar with WU, these steps are going to be quite familiar to you as they are both an intermediary that transfers “electronic cash” from one person to another.
From a historical perspective, MoneyGram was founded in 1940 and originally called “Travelers Express“, but has been in its current form since 1994 with their business increasing with the rise in popularity of online gambling. They’re an excellent way to send funds around the world, however, their services are becoming much less vital due to the invention of cryptocurrency.
Deposit with Person to Person
Depositing with Person to Person is great for those who don’t want to use their credit cards or bring their bank into the transaction. If you have cash in your hand and want to get it into the casino quickly, MoneyGram will certainly be a decent option for you.
However, there have been instances of individuals getting “blacklisted” by MoneyGram if they admit that the funds they are transferring are going to be used for online gambling and if this happens, you won’t be able to use them ever again. Sometimes you will get barred from their services just for the mere suspicion that you are betting with the money so you have to have a story ready to tell them if they ask.
If you do get blocked you will have zero recourse because they’ll simply quote U.S. money laundering laws and tell you to go somewhere else – your business just isn’t worth them getting fined by the government. Not to mention, they’ve already been in serious legal trouble before thanks to their assistance with numerous fraud groups in scamming Americans out of millions of dollars. The company settled with the Department of Justice and have been cautious in their dealings ever since.
Triggers for getting caught by MoneyGram are fairly straightforward. First of all, if you are regularly sending money to questionable locations like Costa Rica, Panama, or Quezon City in the Philippines, chances are you’ll eventually start to get some questions from curious MoneyGram agents. Also, the size of the transfer could set off an investigation so try to keep the amounts reasonable – under $500 or so. If you want to move more money than that you should deposit with Bitcoin or another cryptocurrency since there are no maximums and the transaction is absolutely private.
How to Deposit at a U.S. Online Casino with MoneyGram
The first step to depositing with MoneyGram at an online casino that accepts U.S. players is always contacting them to get a name and address of a person to send the money order to. For many years you actually had to leave your house and go to a physical MoneyGram location to fill out the forms and initiate the transfer but these days it can all be done over the phone or online.
From there you fill out the transfer form with the other person’s information, enter the amount, and then select how you would like to pay for it, with debit and credit cards like VISA being accepted, or you can pay in cash if you’re there in person. Note that it will never be a company name that you send the funds to, and it certainly won’t be the name of the betting website that is receiving the funds. It’s always a simple transfer to another human being.
The main strength of using MoneyGram as a deposit method is that you don’t need the internet or a phone to complete the transaction, and you don’t even have to provide a personal bank account. This is why “old school gamblers” love P2P and Western Union so much – it’s a link to the past and how things used to be done. Not to mention there are locations all over the USA in Walmarts, grocery stores, and pharmacies so it’s easy to find an outlet.
The main complaint with Person to Person is the high fees that are charged, often 7% or higher for any size of transaction, which certainly eats into a bankroll before you’ve even placed a wager. However, fees over a certain amount will often be covered by the betting website, with the usual minimums for transfer being around $200 to $300, but always confirm this with the casino in question first. Also, since higher transactions will get flagged for review, the deposit and payout limits are relatively low with P2P.
Best USA Online Casinos for MoneyGram
There are currently more online casinos accepting MoneyGram than there are accepting cryptocurrencies like Litecoin, so you will have a few different options to choose from. This is because most players over 40 years old have been using this method for well over a decade and they’re therefore very comfortable using it and don’t need to learn new directions for another option.
The list of operators above is constantly being updated and the rankings change all the time, so any of those websites will happily accept MoneyGram and be able to walk you through the entire procedure. Sure MoneyGram is a “traditional” way to do your business but it still works very well.