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BetMGM Sportsbook

While no bettor has ever found a one-size-fits-all answer to which sportsbook is the best, a specific set of sportsbooks has effectively distinguished themselves from the mediocre rest.

One of these gambling sites that has a rightful claim to a well-earned spot on the Mount Rushmore of sportsbooks that are available in the United States is BetMGM, and I have been lucky enough to see why.

With its enduring presence on the iconic Las Vegas strip and its ability to package an extensive catalog of sports and betting markets into an easy-to-use platform, BetMGM is known as one of the most recognizable sports betting brands in the entire global gambling industry.

To understand the reasons behind this, my team of experts and I conducted a comprehensive BetMGM Sportsbook review, delving into all the crucial aspects that can either make or break an online betting site. We hope that the insights from our BetMGM review can help you decide if BetMGM Sportsbook will be your next stop on your sports betting journey.

Gamble USA strives to improve your online gambling experience. We aim to help you play safely, make informed decisions when gambling, and increase your betting knowledge through our guides.

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Pros

  • Superb range of sports
  • Extensive catalogs of betting markets
  • Enticing rewards program
  • Free live-streaming for plenty of sporting events
  • Outstanding reputation in the gambling industry
  • Great variety of payment methods
  • Reliable mobile apps for Android and iOS devices
  • Great early cash-out feature

Cons

  • Limited ability to track betting stats
  • Live chat delays during peak periods

Overview

Few sportsbooks have had the magnitude to cause a seismic shift in the online gambling world quite like BetMGM. Owned by MGM Resorts International, BetMGM had the potential to send ripples through the gaming landscape from the moment it was introduced as PlayMGM in 2017 in New Jersey.

Today, thanks to its massive geographic expansion across the United States and its numerous partnerships with local casinos and sports teams, BetMGM is a sports betting powerhouse that captures the attention of anyone in the industry.

The sportsbook offers its users an easy-to-use platform that includes an extensive range of sports markets, lucrative promotions that can boost their winnings, and a fine selection of helpful features. While the welcome offer and the inability to bet using cryptocurrencies might be a turn-off for some, BetMGM has proven to have what it takes to be a place where a great betting experience is nearly guaranteed.

BetMGM Lobby

Bonuses & Promotions

Although the current welcome offer from BetMGM is not turning any heads in the industry, BetMGM orchestrates a symphony of promotional offers that seems to strike the right chord with their beloved bettors.

BetMGM Bonuses

Welcome Offer

The current Welcome Bet offer at BetMGM invites new users to elevate their betting experience, but we remain uncertain about its overall appeal.

This bonus is available in most states until 2/12/2024, and to become eligible for it, each bettor must be at least 21 years old and meet the specific deposit and wagering criteria.

So, to become eligible for this bonus, create your account at BetMGM, deposit at least $5 into it, and place a minimum $5 wager on any available game. This will instantly get you $158 in Bonus Bets, regardless of the outcome of your first bet.

The Bonus Bets will be credited into your account within 24 hours and split into three parts. Once in your account, you can use the bets to bet on straight bets, parlays, or even same-game parlays within seven days.

BetMGM Bonus

Although the wagering requirements do not seem bad, it is worth noting that many other high-rated sportsbooks have far more enticing welcome offers that can attract more casual bettors.

Refer-A-Friend

Like most things in life, betting is more enjoyable with friends. So, if you have a friend interested in sports betting, you can refer them to BetMGM, and you will both earn a bonus.

All you have to do is invite your buddy to sign up via the BetMGM Refer A Friend invitation and have them create a new sportsbook account. Once your friend verifies their account, you will both get a $100 bonus that you can use to place bets on any of the available sporting events.

You can refer up to 20 friends per month, yet you must ensure they sign up for the same BetMGM state/jurisdiction app you use.

Sport-specific offers

The page for ongoing promotions at BetMGM can get really busy, mainly due to their sport-specific offers, often featuring odds boosts and parlay deals. Currently, BetMGM Sportsbook offers the following Sport-specific promos:

  • 25% Extra Winnings PGA Tour Odds Boost
  • NBA 33% Odds Boost Token
  • 33% Multi-Sport Parlay Boost Token
  • 33% College Basketball Odds Boost Token

In addition to the mentioned BetMGM offers, you can expect an overload of promotions during major sporting events like the Super Bowl, Stanley Cup, World Series, and the FIFA World Cup.

Select Your Squad

Another promo we love is the team-specific offer. To join, choose your favorite NFL and NBA teams. BetMGM Sportsbook will then tailor news and promos exclusively for your favorite teams, offering a personalized sports betting experience.

MGM Rewards

MGM Rewards is a tiered loyalty program that acknowledges guests and customers for their spending, offering benefits such as hotel upgrades and online BetMGM bonus bets.

This program enables bettors to convert Rewards Points into bonus credits for sports, casino, or poker play or MGM Rewards Points for complimentary offerings like food, entertainment, and hotel stays at any of the MGM resorts. Renowned in the industry, the rewards system at BetMGM is the vital ingredient to their recipe for retaining customers.

Features

BetMGM Sportsbook stands out for its effective marketing strategies. And what’s a better way to promote the company in this highly competitive industry than by offering enticing bonuses and a long list of features?

Live Betting

Live betting is a critical aspect in which many bettors like their sportsbook of choice to excel. Luckily, BetMGM does so. Despite not having the most modern appearance, the platform’s intuitive design allows for seamless navigation through live betting options.

Besides the functionality aspect, we noticed that BetMGM does not only offer very competitive live betting odds but also has a massive selection of live betting Team and Player props that are definitely worth checking out.

Cash Out

The Cash Out option at BetMGM offers bettors an option to settle bets before the final whistle. This is a valuable asset for players who want to remain responsible, safeguard their winnings before the event concludes, and ultimately minimize their losses.

Find the Cash Out option in the MY BETS section for live betting or the dedicated Cash Out section for pregame bets in your bet slip. However, remember that BetMGM does not guarantee to offer cash out at all times.

Edit Bet

Did you know that at BetMGM, you possess complete control over your bets? You can edit, add, swap, or remove selections according to your preferences and increase your stake to further sweeten the taste of your winnings. With the functionality of such a unique feature, you can now bid farewell to the era of fixed bets.

You can edit any bet eligible for the Cash Out option and any eligible bet with unsettled selections where the outcome has not already been determined. This means that even if several selections within a parlay bet have already been settled, the Edit My Bet feature can still be used as long as the Cash Out option is available.

Live Streaming

At BetMGM, you can live stream all your favorite games on both the BetMGM Sportsbook app and the desktop version. Through our experience with BetMGM, we never encountered any issues with the live streaming feature. As a matter of fact, it worked flawlessly, and it has provided us with an opportunity to stay in the heart of the action during our tests on the live betting section.

Same Game Parlays

Building same-game parlays on BetMGM can be accomplished effortlessly, thanks to the intuitive design. To craft a same-game parlay, find an event with a Build Parlay option, click the button, make at least two selections, confirm your choice, input your desired stake, and immerse yourself in the thrilling action.

For an added layer of excitement, BetMGM offers the opportunity to elevate Same Game Parlays by combining them into a bigger parlay through their SGP+ feature.

For instance, if you create a three-leg Same Game Parlay with +400 odds and another with +1200 odds, you can merge them using SGP+ for combined odds of +8000 and an additional bonus.

BetMGM Same Game Parlay

Banking & Payouts

Regarding payment methods, BetMGM Sportsbook, while not significantly trailing, falls slightly behind some competitors. This is mainly attributed to the absence of a few e-wallet options. Nevertheless, for those favoring traditional online banking methods, BetMGM Sportsbook provides plenty of options to deposit funds and withdraw money to your bank account.

Deposit Options

Payment MethodFeePayment Processing TimeMinimum Amount
VisaNo feeInstant$10
MastercardNo feeInstant$10
PayPalNo feeInstant$10
VenmoNo feeInstant$10
Apple PayNo feeInstant$10
Play+ Prepaid CardNo feeInstant$10
Cage (NJ, MI, DC, MS, AZ, OH, MD, MA, PR, KYNo feeInstant$10
VIP PreferredNo feeInstant$10
Bank Wire TransferNo fee1-6 business days$10
PayNearMeNo feeWithin 15 minutes$10
American ExpressNo feeInstant$10

Withdrawal Options

Payment MethodFeePayment Processing TimeMinimum Amount
VisaNo feeWithin 24 hours (After internal review)$10
MastercardNo fee1-3 Business days (After internal review)$10
PayPalNo feeWithin 24 hours (After internal review)$10
VenmoNo feeWithin 24 hours (After internal review)$10
Apple PayNo fee1-3 Business days (After internal review)$10
Play+ Prepaid CardNo feeWithin 24 hours (After internal review)$10
Cage (NJ, MI, DC, MS, AZ, OH, MD, MA, PR, KYNo feeWithin 10-12 hours (After internal review)$10
Check by Mail (NJ)No fee7-21 Business days (After internal review)$50
Online BankingNo fee2-4 Business days (After internal review)$10
Instant BankingNo fee2-4 Business days (After internal review)$10
VIP PreferredNo fee2-4 Business days (After internal review)$10

Sportsbook Odds

Throughout the years, BetMGM has maintained a reputation for consistently presenting their customers with highly competitive odds across various sports. During our betting experience at BetMGM, we noticed consistent parity in the odds for major sporting events, aligning closely with those offered by other top-tier online sportsbooks.

BetMGM Odds

For example, we checked the odds for the Phoenix Suns against the Dallas Mavericks at BetMGM, DraftKings, and FanDuel, and the moneyline odds, the odds for Over/Under, and the spread were nearly identical. Further investigation into the odds for Luka Doncic to score over 33.5 points in the same game confirmed consistent results across the three platforms.

Security

As one of the most esteemed brands in the sports betting industry, BetMGM naturally utilizes a cutting-edge system fortified by one of the most advanced firewalls in the world. By utilizing such advanced systems, the platform ensures top-level privacy and confidentiality, safeguarding against interception or alteration of your information during transmission.

To ensure the security of every financial transaction, the company relies on verified and tested encryption technology from VeriSign – a highly-established leader in the industry.

Additional security and safety checks are performed through advanced geolocation technology, state-by-state partnerships with land-based casinos, and tight regulation by iGaming authorities in every state BetMGM operates.

Customer Support

BetMGM Sportsbook does a decent job in the customer support area, providing around-the-clock live chat assistance and an email option at support@betmgm.com. However, throughout our latest BetMGM betting test, we used these two options just for the sake of research since the Help & Customer Care section has all the answers you will probably ever need.

BetMGM Support

Mobile App

We were not surprised to see that the BetMGM Sportsbook app for iOS devices holds an impressive 4.8 out of 5 rating on the App Store, backed by over 185,000 ratings. We love how all the features are implemented and how easy it is to navigate to all your favorite sporting events and bet types.

BetMGM App

Although the BetMGM Sportsbook app for Android devices has a slightly lower rating on the Google Play store, our team of experts could not identify any specific areas requiring urgent improvement.

We want to emphasize the consistent reliability of the BetMGM betting apps, which never crashed or had any bugs during the last couple of years we have been using them.

Sports You Can Bet on

If you’re an adventurous bettor, you’re probably best catered to by online sportsbooks with extensive catalogs of sports that you can bet on.

Luckily, BetMGM is one of the sites that meets this criterion. Now let’s look at all the sports you can place a wager on at the self-proclaimed ‘King of Sportsbooks’:

  1. Football
  2. Basketball
  3. Baseball
  4. Soccer
  5. Hockey
  6. Golf
  7. Tennis
  8. MMA
  9. Auto Racing
  10. Boxing
  11. Cricket
  12. Rugby
  13. Alpine Skiing
  14. Ski Jumping
  15. Esports
  16. Volleyball
  17. Cycling
  18. Darts
  19. Snooker
  20. Table Tennis
  21. Handball
  22. Badminton

User Interface and Design

Sporting its classic white-on-black design, the website at BetMGM is a familiar sight to most American bettors. Yet, younger generations of bettors might find it old-fashioned at first glance. However, we can assure you that they will grow to appreciate its functionality after spending considerable time on it.

All the offered sports are easily accessible on the left side of the screen, and all their bet types are available through a handy drop-down list. With that and your betting slip easily accessible on the right side of the screen, you are just a click away from everything you need.

Although the desktop site and the app might not seem as modern as some of the platforms of particular competitors, the minimal loading times and the clever integration of features guarantees a positive betting experience.

Account Signup and Registration Process

Efficient registration is a common expectation for reputable online sportsbooks, yet some face challenges. Fortunately, BetMGM is not one of them. Creating an account, verifying it, and making your first deposit is a straightforward process that took us no more than 5 minutes. Here is how:

  1. Visit the official BetMGM website or download the BetMGM app on your mobile device.
  2. Click on the Register button in the top right corner.
  3. Enter your email address and create a secure password.
  4. Fill in the required information, including your full name, date of birth, address, mobile number, and last 4 digits of your SSN.
  5. Read the terms and conditions thoroughly to check the guidelines and tick the boxes to confirm.
  6. Verify Your Identity by providing some form of identification, such as your last 4 SSN digits.
  7. Once your account is set up, navigate to the cashier or deposit section. Choose your preferred payment method and make your initial deposit.
  8. Browse through the sportsbook, select your desired events, and place your first bet.

Final Verdict

BetMGM is not your only option for sports betting or online casino games, and we always encourage bettors to test as many options. However, despite the hype of online sportsbooks like DraftKings and FanDuel, renowned for intricate betting options, BetMGM still has everything needed to provide an impeccable betting experience.

With extensive sports coverage, a significant presence on the U.S. betting map, and a user-friendly platform full of valuable features, BetMGM stands out as a compelling choice for anyone seeking a premier sports betting hub. This holds especially true for dedicated bettors who can maximize the benefits of the superb rewards program.

FAQs

What are the payment options on BetMGM Sportsbook?

The currently accepted payment options at BetMGM Sportsbook are Mastercard, Visa, Discover, American Express, PayPal, Apple Pay, Online Banking, Venmo, VIP Preferred, PayNearMe, BetMGM Gift Card, Play+, Bank Wire Transfer, GAMEON, Cash at Cage (BetMGM & Borgata), MGM Rewards Mastercard, and Check by Mail (Not available as a deposit method).

How do I download the BetMGM mobile app?

Users with iOS devices can download the app by visiting the Apple App Store. On the other hand, Android users can download it from the Google Play Store or through the official BetMGM website.

Are there any specific requirements to claim a BetMGM welcome bonus?

To claim the BetMGM welcome bonus, users must sign up, deposit at least $5 into their newly created account, and place a qualifying wager of at least $5 on any available game.

Can I bet on live events using BetMGM?

Yes. BetMGM has a long list of live events you can bet on daily. The list includes live football, soccer, basketball, and many other sports and sporting events.

Is BetMGM legal in my region?

BetMGM is legal in AZ, CO, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, OH, PA, TN, VA, WV and WY.

What sports and markets are available on BetMGM?

With more than 25 sports you can bet on, BetMGM is home to one of the most extensive catalogs in the industry. Expect to find betting options like Moneylines, Point Spreads, Totals, Team Props, Parlays, Same-game Parlays, Futures, Player Props, Teasers, and Round Robins for competitions from all over the globe.

How quickly does BetMGM process withdrawals?

While each payment option comes with its own processing time, every withdrawal request at BetMGM has an internal review period that can take up to five business days. However, the pending period usually lasts less than 24 hours before your transaction has been confirmed.

Are there any restrictions on BetMGM account registration?

Yes. Each bettor at BetMGM must be at least 21 years old and reside in a legal sports betting state where BetMGM is licensed to operate.

How does BetMGM ensure fair play and prevent cheating?

Every BetMGM platform operating in legal states is licensed and regulated by the respective government body. On top of that, to guarantee fairness, unpredictability of outcomes, and the highest standards of software integrity, all of the games at BetMGM are independently tested.

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