BetMGM Sportsbook Review 2024

BetMGM is one of America’s most recognizable betting brands, with its significant Las Vegas presence and star-filled media campaigns cementing its position as one of the country’s leading online betting sites. 

It has an approximate 12% player base across the US, behind only DraftKings and FanDuel, and it’s easy to see why. Throughout my in-depth review process, I enjoyed several notable highlights, including a bountiful array of ongoing promotions, a superb mobile app, a straightforward same-game parlay builder, and comprehensive sports betting coverage. 

You can kick off the BetMGM experience with the BetMGM Promo offer of up to $1500 in bonus bets. But before you do so, read below for my thoughts on the platform. 

Welcome bonus available in NJ, WV, IN, CO, PA, IL, VA, TN, MI, NV, IA, DC, AZ, WY, LA, MD, ON, NY, OH, KS, MA, KY

Bettors enjoy seven ongoing promotions at the time of writing. These range from competition-specific price boosts to free-to-play games and a referral scheme. The eye-catching MGM Rewards program completes an industry-leading approach to promotions overall. We’ll go into more detail below: 

First Bet Offer Up to $1500

BetMGM offers new customers in most states a first bet offer of up to $1500 $5 and get $158 in bonus bets welcome bonus after creating an account. Bettors will receive a bonus bet equal to the amount they placed on their first bet. So if you place a $100 bet, you will receive an extra $100 in bonus bets. 

This promotion may be seen as worse than the promos of DraftKings Sportsbook or ESPN Bet, where first-time bettors can score $200 when they place as little as $5. I’m inclined to let BetMGM off for this though, as the ongoing promotions and rewards scheme generally outscore all other rivals.  

Taking advantage of the BetMGM welcome bonus is straightforward, with no opt-in or bonus code required. Bettors have seven days before the bonus bets expire, largely in line with other platforms. I enjoyed the clear-cut terms and conditions, offering an uncomplicated and transparent set of rules without any minimum odds or wagering requirements. The main factors to note include:

• $5 minimum bet
• Bonus bets expire within 7 days 
• Bonus bet not included in winnings 

Moreover, I was impressed by the freedom of how to place a bonus bet, with straight wagers, parlays, and same-game parlays all covered. 

$1 Million Playoff Football Challenge 

NFL enthusiasts can score a share of $1,000,000 in bonus bets during the playoffs by answering questions and making predictions accurately. The two initial main prizes reward $250,000 in bonus bets, while the last entry period offers $500,000. 

This ongoing BetMGM promotion is only available for a short period during the NFL playoffs, but it’s a healthy indication of how future competition-specific free-to-play promotions will look. 

NBA 33% Odds Boost Token 

Existing customers can enjoy a 33% odds boost token on NBA wagers with minimum -300 odds. The token will be available to toggle on the bet slip when you select a qualifying bet, offering a straightforward way to potentially maximize your profits.  

25% Extra Winnings PGA Tour Odds Boost 

BetMGM also offers 25% extra winnings on PGA Tour odds at the time of writing. The operator is renowned for these regular odds and price boost promotions, generally covering a few different US sports and competitions every month or so. Check the ‘Promotions’ section on the website or mobile app to keep up-to-date. 

Free-To-Play Weekly Prizes 

Small touches can go a long way when choosing the best US sportsbook, and BetMGM’s free-to-play weekly 8-Bit Barry is a great example. The retro video game offers you a choice between a spin, stiff arm, or juke as Barry Sanders attempts to score a touchdown. Pick the right option to win a $20 bonus bet. It’s fun, simple, available weekly, and offers a three-in-one chance of success – I’m a fan of those odds. 

BetMGM Big Game Bash Sweepstakes 

Place a $10 professional football same-game parlay with minimum -200 odds to enter the BetMGM Big Game Bash Sweepstakes promotion. Winners get a three-night stay at the MGM Grand and are invited to the BetMGM Big Game Bash and Watch Party. I was happy to find a free mail-in entry method as well, granting up to three entries a week during the promotional period. If you are interested in the Sweepstakes Casino scene online, at Betting Odds we have a list of the sweepstakes casinos from you to choose from.

$100 Refer-a-Friend Bonus 

BetMGM also excels with its referral bonus, offering $100 each for you and a friend after making a successful referral. This is one of the most generous referral bonuses I’ve found, with alternatives like FanDuel only offering $50. 

I’m also a huge fan of how easy it is to find the refer-a-friend bonus information. It’s surprisingly rare to find the offer directly under the promos tab at other sportsbooks, so extra points go to BetMGM for making it so easy to take advantage of. 

Select Your Squad

Now this is where BetMGM separates itself from the competition, offering bettors personalized content and special offers depending on your favorite NFL and NBA franchises. The operator promises to “spice up your account” depending on your team, and I quickly gained the advantage of specific news and tailored promos for my beloved Denver Nuggets and Miami Dolphins. 

BetMGM Rewards 

Another area where BetMGM surges clear of any competitors is the BetMGM Rewards scheme. The legendary Las Vegas casino brand integrates its land-based locations to offer up to 20% discounts at MGM Resorts, food credits, and member-exclusive offers like 40% off select Cirque du Soleil shows. 

You can also earn extra points using the MGM Rewards Mastercard, providing full-spectrum loyalty scheme options. The tagline is “this isn’t loyalty, it’s membership”, and I can see the sportsbook’s determination to provide a cutting-edge VIP program. You certainly won’t find better elsewhere. 

Once verified, you’ll be free to deposit at BetMGM using twelve potential payment methods. The sportsbook covers all bases, offering a healthy range of debit cards, online banking, e-wallets, and prepaid cards. Go to the cashier page under “My Account” to take advantage. Your options include: 

How to make a Deposit at BetMGM

I found depositing at BetMGM effortlessly simple. I’ll run you through the basic steps below: 

1. Navigate to the “My Account” homepage using the shortcut in the top right
2. Press on “My Balance” 
3. Choose “Deposit” 
4. Select your chosen method from the list 
5. Input your desired deposit amount and press confirm 

Withdrawal Options

BetMGM performs better than average regarding its withdrawal options, providing bettors with eleven options. I was particularly impressed by the quoted withdrawal speeds for options like Visa Fast Funds, PayPal, and Venmo, with payouts possible within 24 hours. Here are the BetMGM withdrawal options: 

How to make a Withdrawal at BetMGM

Withdrawals at BetMGM are also uncomplicated. Bear in mind you can only withdraw using a payment method used for deposits within the past 180 days. Follow these steps to withdraw: 

1. Head to the “My Account” section 
2. Select “Withdrawal” under the “Cashier” page 
3. State your preferred withdrawal amount and method 
4. Click on “Submit” and wait for the withdrawal to verify 

How to Build a Bet at BetMGM Sportsbook

BetMGM offers a robust and exceptionally versatile approach to betting, with comprehensive moneyline, spread, totals, futures, props, and more across all major competitions and hundreds of other global leagues. 

I’ve heard some people complain about the design, but I didn’t have any problems. Sure, it’s a little more simplified than FanDuel and DraftKings, with fewer menus on the NFL homepage, for example. However, once you click through to specific games, you’ll find a well-organized range of bet categories on the horizontal scrolling menu at the top of the page. 

It’s a matter of personal preference, but this approach works better for me. It’s easy to get bogged down in an overwhelming number of betting options straight from the home screen, whereas this approach allows me to hone in on a particular game before assessing my options. 

I’m also a fan of the bet slip. BetMGM splits this into “Straight”, “Parlay”, “Teaser”, and “Round Robins” categories providing instantly calculated potential payouts and a straightforward option to change bet size. There’s also a handy betting settings shortcut where you can decide whether to accept odds fluctuations for live betting – a nice touch. 

I’ll show you how to build a same-game parlay and teaser bet below: 

How to Build a Same-Game Parlay Bet at BetMGM 

Although the BetMGM same-game parlay builder isn’t as exhaustive as DraftKings, I actually prefer the general design. The “Build Parlay” option underneath each qualifying game provides a handy shortcut, and the subsequent pop-up window has minimal loading times and is easy to navigate. Use the steps below to get started with a BetMGM same-game parlay bet: 

1. Look for an event with the “Build Parlay” button
2. Click the shortcut and choose at least two options. As an example, NFL games are split into “Popular”, “Game”, and “Teams” categories. 
3. Consult the odds of your combined selections and input a stake 
4. Once you’re happy, press “Add to Bet Slip”  

How to Build a Teaser Bet at BetMGM 

I’m also a big fan of the teaser bet interface at BetMGM. The sportsbook provides a straightforward slider, helping you dial in the exact spread and instantly calculate the odds. Follow the instructions below to take advantage: 

1. Choose between basketball or football 
2. Add at least two total or point spread wagers to your bet slip 
3. Toggle to the “Teaser” section 
4. Use the slider to choose how many points you wish to buy
5. Enter your stake and confirm the bet 

BetMGM Betting Markets

BetMGM offers an extremely comprehensive selection of betting markets reflecting its prestigious reputation. These include: 

• Moneyline 
• Point Spread 
• Totals 
• Parlays 
• Same-Game Parlays 
• Teasers 
• Prop Bets 
• Futures 

The sportsbook performs better than most alternatives regarding the betting market scope, although you’ll typically find slightly more in-depth options on major competitions at DraftKings and FanDuel. I still found everything I needed at BetMGM, but it’s something to consider for advanced bettors who desire a cutting edge.  

The BetMGM odds are generally very competitive, and there’s not much separating the sportsbook from other industry leaders. As a quick comparison, an upcoming NBA game between the Minnesota Timberwolves and Detroit Pistons had -700 and +500 moneyline odds at BetMGM. Over at DraftKings you could get -675 and +490, ever-so-slightly better for wagering on favorites.  

Available Sports at BetMGM

BetMGM provides 25 sports, covering each one in an impressive amount of detail. This even goes for rarer options like rally or ski jumping. Here is a complete list of options: 

Live Sports Betting

BetMGM has a fantastic live betting section covering everything from major leagues like the NFL to more niche options like badminton and table tennis. I was particularly impressed by the level of detail for sports like tennis, where I could bet on the winner of each point. The sportsbook also provides handy betting filters on the main live betting screen, allowing you to quickly sift through options like “Who will win the set?”. 

But the well-designed and exhaustive interface isn’t even the best thing regarding BetMGM’s live betting capabilities. The brand has dozens of live streaming opportunities across soccer, tennis, and more, creating arguably the best platform for bettors wanting to watch sports live as they wager.  

BetMGM is among the best sportsbooks for mobile betting, with its iOS and Android apps providing a top-rated service to well over one hundred thousand bettors. iPhone users can enjoy the best service, with a 4.8 out of 5 rating on the App Store pointing to a consistently excellent service. The 4.2 out of 5 rating on the Google Play marketplace indicates a few little niggles, but I didn’t experience anything worth shouting about during my tests. 

My highlight regarding the BetMGM app was the integration with features like Select Your Squad. I received push notifications highlighting the latest news and promotions for my chosen teams – a nice addition. 

BetMGM Licensed States

BetMGM has one of the largest legal US betting footprints, covering 22 states as of January 2024. Check below for the rundown: 

BetMGM runs an outstanding customer support service, with 24/7 live chat support alongside a reliable email option at [email protected]. Telephone support was patchy during my review process and largely depends on your state. It was temporarily unavailable in New York, but bettors elsewhere can enjoy access from 11am to 8pm. The sportsbook supplies a list of the state-specific numbers and email addresses.

I wasn’t particularly bothered by the slightly pared-back telephone support, as BetMGM ensures a stellar service using the 24/7 live chat. The operator places the ‘Help & Customer Care’ option front and center along the banner on the desktop homepage and mobile app, so it’s always a mere click away. This makes a huge difference compared to competitors like DraftKings, where the help center can be much harder to find. 

BetMGM performed exceptionally well during my customer service tests. I experienced swift response times using the live chat, with polite and helpful agents taking a direct approach to solving any issues. You will rarely even need to speak to an agent for most queries, as the wide-ranging library of help FAQs covers pretty much all bases.

Conclusion 

I have no doubt that BetMGM will continue offering one of the best sports betting services across the US. Some of my favorite highlights include the in-depth sports coverage, exhaustive live streaming support, and clean betting interface. I’m also a huge fan of the ongoing promotions, particularly Select Your Squad and the BetMGM Rewards program. 

Advanced bettors may prefer the slightly more comprehensive betting markets at DraftKings and FanDuel, but the tradeoff is a more complex layout that can be particularly overwhelming for beginners. In my opinion, BetMGM strikes the perfect balance with intuitive same-game parlay builders and better-organized menus. 

I recommend giving BetMGM a shot. Hit our shortcut to get started and claim the bet $5 get $158 in bonus bets welcome bonus. 

BetMgm Sportsbook Frequently Asked Questions