Now regarded as one of the elite bookmakers of the US🌜, BetMGM captivates both newcomers and seasoned punters with its diverse array of offerings. In this comprehensive BetMGM review, I unveil everything that makesꦰ this bookmaker a standout choice.
- 1 BetMGM Short Overview
- 2 BetMGM Sportsbook Short Overview
- 3 BetMGM Pros & Cons
- 4 BetMGM Promotions
- 5 BetMGM Bet Types
- 6 BetMGM Payment Options
- 7 BetMGM Mobile
- 8 How To Sign Up for BetMGM
- 9 BetMGM Support Team
- 10 BetMGM Partnerships
- 11 Responsible Gambling on BetMGM
- 12 BetMGM Casino Review
- 13 Resources
- 14 ThePuntersPage Final Say
- 15 BetMGM Review FAQs
Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER |
BetMGM Short Overview
Website | //sports.betmgm.com/ |
Year established | 2018 |
Available in | AZ, CO, D.C., IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NJ, NV, NY, OH, PA, TN, VA, WV & WY. |
Services | Sportsbook, Casino & Poker |
Payment options | Credit/Debit Cards, PayPal, Online Banking, ACH/VIP Preferred e-check, Pay+ Prepaid Card, Skrill, PayNearMe |
Customer service | Email, phone & live chat |
BetMGM Sportsbook Short Overview
While BetMGM boasts a casino product, the bookmaker is revered for its robust online sportsbook. There are some subtle differences depending on the state, especially when it comes to promotions, but over 20 sports make up their sportsbook.
While popular markets that involve the NFL betting, NBA, NHL, and MLB take priority, BetMGM does a fine job of ensuring all needs are satisfied, also impressively covering more niche 🔯sports such as cricket and rugby union.
Is BetMGM Sportsbook a Legit Platform?
Since being established in 2018, BetMGM has become one of the US leading online sportsbooks. It’s currently legal in 22 states — each with its own regulator, and it has recently opened operations in th🏅e UK.
In summary, BetMGM is very much a legit platform, so rest assured that your betting experience is both safe and secure.
BetMGM Legal States
As of January 2024, BetMGM is legal to some capacity in 22 US states (listed below), with North Carolina set to become tꦑhe 23rd.
-
Arizona
-
Colorado
-
Illinois
-
Indiana
-
Iowa
-
Kansas
-
Kentucky
-
Louisiana
-
Maryland
-
Massachusetts
-
Michigan
-
Mississippi
-
New Jersey
-
Nevada
-
New York
-
Ohio
-
Pennsylvania
-
Tennessee
-
Virginia
-
Washington DC
-
West Virginia
-
Wyoming
Can You Claim Real Money at BetMGM?
BetMGM is a safe, licensed sportsbook, so you can 🥀deposit funds, place bets, and withdraw money through an array of available payment methods.
However, it’s worth noting that on some occasions, some winnings — especially with ongoing promotions — may be paid out via bet credits, which you can then use on BetMGM’s sportsbook/cas🍎ino to potentially win real money. Whether payments are made🔯 in bet credits or real cash will be clear within the promo’s terms and conditions.
How Does BetMGM Work?
Like with any bookmaker, you need to create an account, deposit funds, place wagers, and, hopefully, win money! Presuming BetMGM is legal in your state, creating an account is very ಌsimple, and once you’ve been verified, you’ll 🔴be clear to start betting.
By depositing funds into your account, you should be able to take advantage of BetMGM’s generous welcome bonus — which I’ll soon discuss. Thi𒁃s promotion gives new customers a greatꦦ chance to kick-start their BetMGM journey with a bang!
Navigating through the bookie’s sportsbook is easy enough. A promotions slider at the top denotes all of BetMGM’s current offers, while an A-Z menu of the sports offered runs down the left-hand side of the homepage. Once you’ve found🦄 an event/market you fancy betting options on, you’ll then go through the slick and quick betting process.
How To Read BetMGM Odds
The bookie uses American sports betting odds, displayed as aღ plus or minus — e.g. +1000 or -180.
The plus odds is the amount you’d win on a $100 bet. So, using the above example, $1,000 — not including the stake. Minus odds show the amount you’d wager to make $100 in profit🌌. With odds of -180, you’d have to stake🃏 $180.
Sports Leagues on BetMGM
BetMGM boasts an impressively comprehensive sportsbook with a multitude of different sports 💯leagues availabl🔴e to bet on.
As you’d expect, their coverage of the major American sports leagues such as the NFL, 🐓NBA, MLB, NHL, and MLS, is stellar. Their sportsbook promotions often center around these leagues, and the bookie also does an excellent job of catering to state-specific needs. For instance, during the NFL season, New York bettors can enjoy tailored odds boosts on available games.
Moreover, the PGA Tour is covered in impressive depth, with BetMGM also offering an array of futures markets of golf majors. Tennis and UFC are aඣlso highlighted on the bookie's homepage, where odds for upcoming daily tournaments and cards are presented.
BetMGM Pros & Cons
- Lucrative partnerships which lead to once-in-a-lifetime VIP prizes for users
- Comprehensive sportsbook covering a multitude of sports
- State-specific promotions
- Live betting and livestreaming offered with early cash- out feature
- 24/7 customer support
- Busy interface which some might find hard to navigate
- Better odds can be found at competitors
- Existing bonuses can be limited depending on season
- No player statistics
BetMGM Promotions
Here are some of the best 🌜current promotions offered🍸 by BetMGM, including their new customer offer:
Bet $5 Get $158 Instantly in Bonus Bets
BetMGM has✤ prepared one of the top offers for new bettors — Bonus Bets promotio♌n.
After entering the promo code ‘BOOKIES’ ✱during registration, you’ll be eligible for this offer. All y🐬ou then need to do is deposit a minimum of $5 and place your first wager on any BetMGM sports market to instantly receive the rather random figure of $158 in Bonus Bets. These bonuses will be awarded as two $50 bets and one $58 bet.
You’ve got seven days after registration to qualify for this bet offer, and five days to use your bonuses. This is﷽ a mightily generous offer given the low qualifying bet stake and the f👍act that you receive your bonuses instantly!
Same Game Parlay Insurance
BetMGM may not have pioneered the rise and subsequent prominence♛ of the Same Game Parlay (SGP) bet type, but it’s nonetheles🍸s a part of their promotions package.
A little quirk they’ve introduced is an insurance element🅷 to the popular SGP. The insurance essentially means you can still win if your SGP loses. SGP insurance is available on NFL and NBA games, but your bet must boast odds of at least +400 to qualify.
𒁃If your bet wins, you win! However, if just one leg𒁃 of your SGP lets you down, BetMGM will give you your stake back in Bonus Bets as compensation.
Odds Boosts
There’s nothing particularly exciting or unique here, with🌜 every top-level bookmaker offering some sort of boos💫ted odds promo.
BetMGM’s is once again sport specific. Their Boosted Odds Token, which can increase your payout by 25%, 33%, or 50%, is offered on matches from various major sports l♎eagues, depending on the time of year.
BetMGM Refer a Friend
This is such a simple way of earning credits to 𝓰spend on the bookie's sportsbook or casino.
A Refer a Friend invitat🌃ion will get the ball rolling. Once your friend has signed up, been verified, and met BetMGM’s wagering requirements, you’ll each receive a bonus on the product they signed up for. You can refer up to 20 friends, all of which come with a $50 sports or cas▨ino bonus.
ಞ If they sign up for poker, you’ll eౠach receive up to $1,000 in bonus amount and $75 for tournament play.
For more similar offers, you can always visit the Promotions page on the BetMGM websi🍰te.
BetMGM Bet Types
Here are some of the most popular bet types offered by this b♚ookmaker:
Spread
Spread betting is imm🎐ensely popular among US bettors, and BetMGM’s markets are laden with markets of this kind.
The point spread (what oddsmakers think the margin of victory will be) is the number of points a team must win by for the bet to pay out. The favourite will have a “-” next to their points🥀 spread, while the undꦆerdog will have a “+“.
For example, if you’re betting on 🐼the NBA and BetMGM have the San Antonio Spurs at +10.5 to beat the Houston Rockets, the Spurs 🐈would need to win by 11 points or more for your bet to be a winner (if you backed the Spurs).
Moneyline Bets
If you make a moneyline bet, which is the simplest form of sports bet, you’re betting on that team to win the contest ꦏ— there’s no m💟argin of victory involved. Your payout for such a bet will depend on how much a team is favoured or overlooked (underdog).
Totals
Totals betting takes away the need to bet on the outcome of a featured game. With this bet type, you’re betting on how many points will be scored in the game. BetMGM sets a line, and you have to🅠 choose whether more or fewer points will be🐬 scored than that line.
𝕴 Let's say you back the under on a game between the Cleveland Browns and Baltimore Ravens and the line is set at 39.5, these two teams must combine to score fewer than 39 points for your bet to win.
Props
A prop bet is another bet type that doesn’t focus on the outcome of a s𒊎porting event.
These bets can focus on many events that could occur in a sporting event, including the performance of꧟ a particular BetMGM player. For example, you might want to bet on how many yards Joe Burrow will throw for𒆙, or how many touchdowns Deebo Samuel will score in one game.
There are other types of prop bets, including team props. With these bets, you’re wagering on the team in question to hit a certain target within the game. For insta🥃nce, you might back a particular team to score X amount of field goals in the first quarter.
Parlays
A parlay bet (or ‘accumulator' in the UK) relies upon multiple bets (‘lines’) winning. All it takes is one leg 🔯to let you down for your parlay to be a losing bet.
However, these bets typically garner longer odds and larger payouts. Par🅺lay odds are calculated by multiplying each line’s odds sequentially. Thus, the more lines you add, the longer the odds and the bigger the payout.
BetMGM also offers Same Game Parlays, alloꦬwing you to combine multiple bets on one sporting event into one big bet.
Live Betting
If you didn’t have the time to place a pre-match bet, or live betting is merely your preference, BetMGM allows you to place in-play wagers from tip-off ꩵto the final buzzer. The bookie’s live coverage makes for a💖n easy, user-friendly experience, with their in-play markets easy to access.
BetMGM offers live markets on an array of sports, with popular leagues such as the NBA and NFL particularly popular for live betting. The length of time footbal𝔍l and basketball matches go on for means there are plenty of live betting opportunities.
Futures
In these long-term bets, you’re betting on the future outcome of a sporting event. For exaꦯmple, you can bet on the Super Bowl winner before the season begins and throughout the season. If you’re bullish on a franchise early on, make the most of it and place your bet before their odds shorten as the season progresses.
BetMGM Payment Options
The bookmaker's available payment opti♚ons may differ from state to state, but the following are generally fo✤und across all states.
Banking Methods
-
Credit or Debit Card — The most popular option for bettors. Debit cards available include Visa, Discover, Mastercard, and American Expre🦄ss.
-
Online Banking/Electronic Transfer — This is a qu🎉ick and easy option if you’ve set up an account beforehand.
-
ACH/VIP Preferred e-check — You need to have a routing number if you𒅌 choose this payment m🐻ethod
-
PayPal — This is a particularly popular payment option at BetMGM as you can link 🌠your PayPal account when signing up to this bookmakeꦜr.
-
Skrill — Another e-wallet accepted by BetMGM, although its fees may look intimidati💎ng
-
Play+ Prepaid Card — Popular due to its robust security team, this is a prepaid card connected to the BetMGM betting site. Make sure to ꦇenrol your card through the bookie before using it. Play+ accounts registered for other bookies are not compatible with 🐓BetMGM.
-
PayNearMe — With this option, you can make a payment at your local CVS, 7-Eleven, or Family Dollar. To make sure you successfully deposit uജsing this option, you must provide your email and phone number associated with your BetMGM account. Y♔ou will get a bet slip that you can then take to the selected store/location. When you complete the payment, money will be added to your account.
-
Borgata Hotel, Casino & Spa — A more niche option which very few use, but it’s available nonetheless. You can make payments at the cashier window at the Borgata Hotel & Casino Resort if you're in Atlantic City. You will need your ID and a BetMGM account to complete the🍎 payment.
While there are some anomalies,✤ the minimum deposit for all these options is $10 when betting at this bookie.
Withdrawals
We’d always recommend you use the same payment option for both depositing and withdrawing with BetMGM. However, you can’t directly transf🍨er🌜 funds to a debit/credit card.
Below are available be﷽tting options 🌼for withdrawal at BetMGM:
-
Couriered Check
-
VIP Preferred e-check
-
PayPal
-
Skrill
-
Online Banking/Electronic Transfer
-
Play+
The minimum withdrawal for all methods is $20, while the maximum differs by the options. There are no fees associated with any with🍃drawals, which are typically processed between one to five ban🍷king days.
BetMGM Mobile
BetMGM’▨s mobile is available to download on Apple and Android via the App Store and Google Play respectively. The BetMGM casino app is only available for those that reside and are betting from within the states the bookmaker operates.
The bookie’s comprehensive sportsbook is condensed into the bet꧑ting app, which functions at the utmost efficiency. No features are left out. Livestreams of major sports leagues across the globe are accessible, with casual bettors also being able to enjoy an array of betting features👍 such as odds boosts and cash-out to enhance their betting experience.
How To Sign Up for BetMGM
Signing up and creating an account with B💞etMGM is a quick and straightforward process. Here’s a ไstep-by-step guide:
Visit the BetMGM sportsbook app and select the s🌌tate in which you currently reside.
Click the ‘Register’ button.
Register using a valid email, then creat🍷e a⛦ password.
Alternatively, you can use your PayPal 🐟or Yahoo Sports account to register.
Follow the simple registration st♕eps in which only basic information is required.
Tick the T&Cs box if you agree to the terms.
Undergo the verification process to confirm your ide💙ntity — you’l⛎l need to send BetMGM a document (passport, driving license, etc.). You’ll also need to provide the last four numbers of your SSN.
Once verified, you’re ready to fund your BetMGM account and start placing wagers from mobilꦛe app or ⛎desktop site.
BetMGM Support Team
BetMGM of𓆏fers several customer support options which differ by the state. Each state has their own separate phone number and email address for users to contact.
Their phone lines are typically available between 11:00 and 20:00 (ET). There’s also a ♏BetMGM Horse Racing line/email♌ to contact, as well as the bookie’s Corporate HQ.
Moreover, bettors can contact the bookmaker via their live chat feature. This service, like email, is available 24/7 for immediate support.
BetMGM Partnerships
The bookmaker itself was brought about thanks to a par♋tnership between global hospitality 𒀰and entertainment company MGM Resorts International and Entain Holdings — a gambling company based on the Isle of Man.
Since its launch in 2018, BetMGM has gone into business with all sorts of partners. 🔥In 2019, they signed a deal with Buffalo Wild Wings sports bar 🐬to bring BetMGM’s digital platform to more players. Later that year, they’d sign a historic agreement with Yahoo Sports as the pair became exclusive sports betting partners.
BetMGM has also established relaꦉtionships with major US sports franchises and leagues. In 2023, they extended their agreement with the National Hockey League (NHL) to continue as the league’s official sports betting partner.
They have also signed deals with an array of teams such as the Baltimore Ravens, Pittsburgh Steelers, Las Vegas Raiders, and New Yorkꦫ Jets from the NFL, the MLB’s Boston Red Sox, New York Yankees, and LA Dodgers, as well as the NBA’s Philadelphia 76ers. S👍uch partnerships help curate VIP experiences for BetMGM users.
Jamie Foxx, Barry Sanders, and ‘The Great One’ Wayne Gretzky are among se🧜veral high-profile brand a🎶mbassadors.
Responsible Gambling on BetMGM
BetMGM ꧋place a strong emphasis upon responsible gambling, offering a dedicated guide with a long list of tips for avoiding problem gambling.
The bookie allows its users to set deposit and spending limits as well as other restrictions 🏅to low🅠er the risk of gambling addiction.
Another resource is available on the BetMGM site, which offers a self-assessment test and a list of signs o𒁃f a gambling disorder. An array of additional help links is also supplied for several states in which the bookie operates.
BetMGM Casino Review
BetMGM separates their casino and online poker pro💫duct♏s, with only a few US states legalizing both. As a result, these products aren’t anywhere near as prominent or popular compared to BetMGM’s sportsbook.
Despite the reduced prominence, the bookie’s casino is sophisticated. A myriad of online casino games such as online slots, table games, live dealer games, card poker are supplied, with quick payouts encouraging custo💯mers to play. In some cases, monster jackpots in excess 𝓡of $2m are in play.
Moreover, new customers can enjoy a generous welcome offer which is a 100% bonus on your first deposit — up to $1,000 or $2,500 depending on the state.
Casಞino players can also access the MGM rewards program — a system used in all land-based casinos. All your stakes and wins contribute points to the program which can ꦫthen be converted into cash bonuses or lucrative real-life experiences.
Where Is BetMGM Online Casino Legal?
While BetMGM’s sportsboo💖♉k is legal in over 20 states as well as Washington DC, their casino product is legal in only four. Bettors in New Jersey, West Virginia, Michigan, and Pennsylvania can take advantage of BetMGM Casino, but nowhere else.
BetMGM P🥂oker has not yet been legalized ဣin West Virginia.
Resources
ThePuntersPage Final Say
This BetMGM review has detailed the extremities of the platform — one of the US’ most pop♍ular bookmakers. With its comprehensive sportsbook, litany of state-specific promotions, and array of efficient services, it’s easy to gauge why BetMGM has gained such an esteemed reputation in short order. This is an operator I’d recommend to anyone who can access it.
BetMGM Review FAQs
Absolutely, BetMGM hꦦas emerged as one of the US’ most secure and popular betting sites since its establishment. However, you should always play responsibly and enjoy different gaming options.
BetMGM was launched in 2018 following the overturni🥀ng of PASPA. You can enjoy legal online sports betting in over 20 US states.
Absolutely, if you are able to placꩵe winning bets, you can withdraw your funds from your BetMGM a𒆙ccount and into your actual bank account.
At the time of writing, you can earn $158 in Bonus Bets from a $5 bet after signing up with BetMGM. Howeve♋r, this new customer offer isn’t available in Mississippi, New York, Nevada, and Wa🙈shington DC.
You must be 21 or o🐎ver to sign up and wager with BetMGM.
BetMGM is accessible in the US, but only from tജhese states: AZ, CO, D.C., IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NJ, NV, NY, OH, PA, TN, VA, WV, and WY.