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BetMGM NJ Sportsbook Review: Risk-Free Bets Bonus Codes for May 2022

Author:

Mike F

Updated:

29-04-22

Huge casino fan who loves the occasional sports wager. You can usually find me at the blackjack table or playing slots.

“Now, you’re in the ring with the king of sportsbooks. You know what to do,” says Hollywood A-lister Jamie Foxx in BetMGM NJ Sportsbook’s much-publicized ad, but can it live up to all the hype?

Well, with a $1,000 Risk-Free Bonus introductory offer and a host of other fantastic offers on the table for New Jersey sports bettors, BetMGM NJ is definitely worth your attention. Established in New Jersey in August 2019, following a collaboration between MGM Resorts International and Entain Holdings (replacing Play MGM), BetMGM is the biggest online gaming operator in the US. What’s more, with app, mobile, and desktop options available, the BetMGM New Jersey Sportsbook can be accessed on a wide array of devices.

BetMGM NJ boasts a valid gaming license (don’t go near any sportsbooks lacking one of these), and its licensing partner is the Borgata Hotel Casino & Spa (which runs the Borgata Sportsbook). BetMGM has been broadening its reach through strategic partnerships over the past few years and now has links in sports (with the likes of the NFL, NHL, and MLB), media (Audacy, Turner Sports, and NBA Digital), and entertainment (Buffalo Wild Wings and Top Golf). And you can learn a lot more about the BetMGM Sportsbook in our comprehensive review below.

1434 ratings
Review
$1,000 Risk Free First Bet
21+. T&C Apply
21+. T&C Apply
  • Promo Code: GAMBLEUSA
  • Super fast payouts
  • Live streaming

BetMGM Sportsbook & App Overview

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According to the BetMGM website, mobile betting is now offered in 18 states, with several more on the way. Indeed, you can now bet at BetMGM online in Arizona, Colorado, Florida, Indiana, Iowa, Louisiana, Michigan, Mississippi, Nevada, New Jersey, Ohio, New York, Oregon, Pennsylvania, Tennessee, Virginia, Washington DC, West Virginia, and Wyoming. The BetMGM sports app is available in all these places, except Florida and Ohio (only horseracing is available in these two states), and Louisiana (presently, just pre-registration is open there), where it is due to be launched imminently. However, you can also access the BetMGM Sportsbook at casinos in many of these states and others without the digital options, such as in Washington, Maryland, South Dakota, and Las Vegas.

With slick menus, smooth navigation (on the BetMGM NJ app and mobile versions at least), and fast loading times, the BetMGM online sportsbook runs, looks, and feels impressive. Plus, BetMGM grants you a vast range of betting options when it comes to wagering. In fact, in terms of BetMGM parlay bets (more about these later), you’ll find it hard to beat the variety on offer, and you can even bet on sports like snooker and volleyball. Casino fans can also change their luck at the BetMGM NJ online casino.

BetMGM Promo Code for New Jersey Players

betMGM NJ 1000 risk free

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New players with BetMGM New Jersey can avail of the $1000 risk-free bet bonus by simply registering and typing in the following BetMGM NJ bonus code: GAMBLEUSA. But what exactly is a risk-free bet? Well, it’s a win-win wager, really, as if you’re lucky enough to win your first bet, you can enjoy your winnings, and even if you lose, BetMGM will reimburse you up to $1,000. Thus, you won’t have to part with any of your precious dollars on your first flutter (if it’s for amounts between $10 and $1,000).

Other BetMGM NJ Bonuses & Promotions

Of course, new customers aren’t the only ones entitled to special offers. Bonuses abound at BetMGM NJ for regular users, too. For instance, you can expect to see the following:

  • free cash bets
  • risk-free prop bets
  • parlay insurance bets
  • free casino games
  • early cashouts

You can even edit some of your bets! And to view their latest bonuses and promotions you can always visit this page or the promo section of BetMGM.

1434 ratings
Review
$1,000 Risk Free First Bet
21+. T&C Apply
21+. T&C Apply
  • Promo Code: GAMBLEUSA
  • Super fast payouts
  • Live streaming

How to Claim the BetMGM NJ Promos

To claim a BetMGM NJ promo, click on the Promotions button at the top of the page (see above) and then select the offer you’d like to receive. Some of these are seasonal (e.g., the March Madness promotion in college basketball in spring), while others require specific deposits (e.g., $50), so make sure you read the terms and conditions attached to each offer. BetMGM also rewards users for their custom through their Regulars Reward loyalty program.

Although you can use the BetMGM sports app anywhere, you cannot bet where you please, as sports betting is illegal in certain US states. Consequently, BetMGM identifies your location via geolocation to verify you’re in a legal betting state, so please ensure that the location settings are switched on in your device. In some states, such as Oregon, you must visit a particular casino to register in person, while in Washington DC, wagers can only be made within a two-block radius of Nationals Park.

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BetMGM Sports Markets

When it comes to sports market coverage, the BetMGM NJ Sportsbook is amongst the finest in the field as it contains more sports than most out there. Let’s look at these now.

Baseball BasketballBoxing
CricketCyclingDarts
Football Formula 1Golf
HandballHockeyLa Crosse
MMARugby LeagueRugby Union
SnookerSoccerTable Tennis
TennisVolleyball

Unlike many of its competitors, BetMGM NJ also covers some college sports, so bets can be placed on college basketball and football (as well as on their professional counterparts). You can also bet on sports that aren’t available on their rivals’ sportsbooks, such as handball and volleyball. In addition, a wide variety of wagers is available on all of these. However, Aussie rules fans will undoubtedly be disappointed that no bets are available on this sport here. DraftKings and Fanduel have this option on their sportsbooks, so BetMGM should try to add it to theirs soon.

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BetMGM Sportsbook Odds

But how does BetMGM NJ’s Sportsbook shape up to its competitors when it comes to odds? Well, we tested it out on popular bets and discovered that while the odds aren’t necessarily better than the rest, they’re highly competitive (check out two examples below, but please remember that odds fluctuate regularly). BetMGM tends to post its odds early, and thus you can study them carefully. Furthermore, you can’t help but fall in love with BetMGM’s Odds Boost feature, which can improve your odds and increase your winnings.

NFL Team Future Bet: Superbowl Winner 2022 BetMGM NJ: Packers +500
Chiefs +600
Buccaneers +800
DraftKings NJ: Packers +400
Chiefs +500
Bills +750 (The Buccaneers are only 5th favorites here and available at +900.)
Caesars NJ:
Packers +400
Chiefs +475
Buccaneers + 700
Premier League Soccer Team Prop Bet: Manchester City v Chelsea BetMGM NJ:
Both teams to score:
Yes -120
No -115
DraftKings NJ:
Both teams to score:
Yes -130
No -110
Caesars NJ:
Both teams to score:
Yes -115
No -115

New Jersey Betting Options

The sports betting options on the BetMGM NJ Sportsbook are exceptional. Indeed, you have access to thousands of BetMGM bets at the click of a button. What’s more, you’re granted a lot more control over your bets with innovative features like Edit My Bet, which allows you to change bets that are already underway. Check out the betting options below.

  • Alternate Lines (more spread options on an adjusted betting line)
  • Futures (long-term bets on future events such as MLB World Series winners, Premier League champions, etc.)
  • Live Betting (betting during a game)
  • Moneylines (Choosing the winning side in a game, e.g., the Lakers -6.5 over the Kings +6.5)
  • One-Game Parlays (numerous bets on a single game)
  • Parlays (bets combine multiple wagers on one ticket)
  • Props (side wagers on things that happen in a game, such as who will score the first field goal)
  • Round Robins (less-risky parlay bets)
  • Spreads (bets on the margin of victory in a game, e.g., Manchester City – with a -2 handicap – to win against Newcastle by three or more goals)
  • Teasers (allow you to adjust lines on spreads and totals to improve odds)

It could also be argued that BetMGM put the “p” into parlay bets as they excel in this field. Parlays have never been easier thanks to the wonderful Easy Parlay and Parlay Generator options. Meanwhile, Parlay Plus presents you with up to 40% more in profits on parlay bets, and you can even protect your wager with Parlay Insurance (which can cover you if you lose a leg on a four-legged NBA parlay).

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BetMGM NJ Live Streaming

Live streaming is available at BetMGM on a selection of sports such as baseball, basketball, soccer, tennis, and table tennis. And you don’t have to bet on the game you’re watching (free entertainment). Of course, you can only access live streams with an account, so be sure to sign up before attempting to watch one of these. Live streams appear on the right side of the page (courtesy of the media player), come with a range of live betting options, and run smoothly.

Cash Out Feature

The BetMGM Sportsbook has a Cash Out feature, offering you the chance to settle bets early. Say, for example, the team you backed is winning, but the opposition is starting to come back into the game. With the cash-out option, you can end the bet before your team loses the lead and win some money (albeit less than the amount you’d be entitled to if you held your nerve and your team ended up winning the game). BetMGM’s cash-out feature cannot be used on all bets; it’s only available on some single and parlay wagers (always check carefully on any bets you wish to make). To ascertain if a particular bet employs the cash-out feature, go to the My Bets section of the bet slip (if the bet is already underway) or the Cash Out section (if the bet hasn’t begun). Overall, we were very impressed with this service on BetMGM.

BetMGM Deposit and Withdrawal Methods

KYC (know your customer) rules in the US gambling industry require all sportsbook providers to verify the name and age of every customer. Therefore, you must go through a strict vetting process to confirm your identity with BetMGM NJ (and all the other licensed sportsbooks). To verify your ID, submit one ID document (such as a passport, passport card, military ID, or permanent resident visa) and one address document (like a bank statement, utility bill, IRS tax notification, tenancy agreement, mortgage, or home loan statement). And once you’ve submitted these documents, your account will be verified (within a day or two).

Then, you can make your first BetMGM deposit (and claim your $1000 risk-free bonus). And money can be deposited from your bank account, the Borgata Hotel Casino, credit cards, e-wallets, or even gift cards. Some banks and states (such as Iowa and Tennessee) don’t allow you to use credit cards as deposit options, so check out the available options in the Cashier section of BetMGM if you’re unsure. Now, let’s look at all the payment options at BetMGM…

  • ACH/e-check deposits (like VIP Preferred)
  • American Express cards
  • Apple Pay
  • Bank transfers (online)
  • BetMGM gift cards
  • Borgata Hotel Casino & Spa deposits
  • Discover cards
  • Neteller
  • PayNearMe
  • PayPal
  • Skrill
  • Venmo

And rest assured, your funds are secure with BetMGM NJ as it employs sophisticated encryption software to protect your personal information.

Deposits can be made via the Android and iPhone apps, or on the mobile and webpages through the cashier facility. The minimum deposit accepted is $10, while the maximum depends on the deposit method used (and can be increased if you contact the customer service department). To make a deposit on the BetMGM NJ sports app, head to the Deposit icon on the top-right header and select a payment method.

Withdrawals at BetMGM are a breeze, too. The swiftest cash withdrawals are available at the cashier window at the Borgata Casino & Spa in Atlantic city – where instant withdrawals are possible. However, if you don’t want to travel there, you can use some of the other options on the list below.

  • Borgata Casino & Spa (instant)
  • Online banking (1- 5 days)
  • Play+ (2-3 days)
  • PayPal (2-3 days)
  • VIP Preferred (2-3 days)
  • A Check by mail (a week to 10 working days)
  • Skrill (2-3 days)

And to withdraw money on the BetMGM NJ app, click the My Account icon in the top-right hand corner, head to the Cashier page, click the Withdrawal button, select your preferred withdrawal option, and follow the steps to release your cash.

1434 ratings
Review
$1,000 Risk Free First Bet
21+. T&C Apply
21+. T&C Apply
  • Promo Code: GAMBLEUSA
  • Super fast payouts
  • Live streaming

 New Jersey Online Sportsbook vs BetMGM Mobile App

Navigation on the website (pictured above) could be improved a little as once you’ve selected a sport by clicking on its icon on the top of the page, it’s difficult to process all the information that appears in front of you because the Media, Bet slip, Parlay Generator, and Mini-Games sections vie for your attention on the right-hand side of the page.

Indeed, because of this, it could be argued that the app and mobile sites are better, as both contain all bets offered on the webpage and are easier to navigate through. Nevertheless, if BetMGM frees up some space by moving the media, parlay generator, and mini-games sections elsewhere, everything should be fine, as having a bet slip on the right seems to be standard procedure these days.

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BetMGM Sportsbook Legal US States

While only people residing in New Jersey can bet on the BetMGM NJ app, BetMGM has sportsbooks in many other states, and residents in these states can place bets on their own BetMGM Sportsbooks. You can access the sportsbook in the following places:

  • Arizona
  • Colorado
  • Indiana
  • Iowa
  • Michigan
  • Mississippi
  • Nevada
  • New Jersey
  • Oregon (you must be at the Spirit Mountain Casino to register and bet here)
  • Pennsylvania
  • Tennessee (only available online)
  • Virginia (only available online)
  • Washington DC
  • West Virginia
  • Wyoming (only available online)
  • New York

Due to legal restrictions and requirements, differences exist between the sportsbooks offered in some states. For instance, in Arizona, Colorado, Indiana, Iowa, Michigan, Mississippi, and New Jersey, prop betting on college sports is illegal, whereas, in DC, Nevada, Wyoming, Pennsylvania, and West Virginia, it’s permissible. BetMGM will go live in Louisiana anytime now too.

1434 ratings
Review
$1,000 Risk Free First Bet
21+. T&C Apply
21+. T&C Apply
  • Promo Code: GAMBLEUSA
  • Super fast payouts
  • Live streaming

BetMGM New Jersey FAQs

Is BetMGM available in NJ?

Yes, New Jersey was the first place the sportsbook was made available in the US.

Is BetMGM the same as Borgata Sportsbook?

Because BetMGM NJ’s licensing partner is the Borgata Sportsbook, they’re very similar in terms of odds and betting options. However, their bonus offers differ; see the best BetMGM alternatives here.

How do I contact BetMGM NJ?

BetMGM NJ support is available 24-7. Go to BetMGM login, click the Help and Contact link, and select the contact method you would like to use (e.g., email, BetMGM NJ chat, etc.). If you have any issues, like the need to troubleshoot BetMGM app, you should reach out through the above.

How long do withdrawals take on BetMGM?

Depending on the option you choose, withdrawals can take between 0 to 10 business days. Instant withdrawals are available at the Borgata Casino & Spa, whereas checks may not arrive for 5-10 days.

Are there free bets?

Yes, there are quite a few. New members receive the BetMGM NJ risk-free $1000 bonus after signing up and inputting the BetMGM NJ bonus code (GAMBLEUSA), and everyone else can access them via the Promotions button.

 Is BetMGM sportsbook legal in the US?

Yes, BetMGM possesses a legitimate license, awarded by the New Jersey Department of Gaming Enforcement.