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BetMGM Review

By Jack Kitson
Posted: Thursday 24th August 2023

BetMGM is the result of a partnership between MGM Resorts International and Entain Holdings, and it’s a big name in sports betting. BetMGM began its journey in 2018, shortly after the Supreme Court overturned the federal ban on sports betting, first launching in New Jersey as PlayMGM before later rebranding to BetMGM. Since then, BetMGM has built a reputation as one of the most stylish sports betting platforms in the US, expanding to multiple states and making lots of new bettors happy along the way.

I found plenty to like about BetMGM – hardly surprising for a brand pitching itself as ‘The King of Sportsbooks.’ The desktop and mobile platforms are loaded with all the features you’d expect from a top-tier online sportsbook: a wide variety of sports and leagues to bet on, lots of exciting ways to wager, and unmissable perks like live streaming, in-play betting, and engaging promotions. And if you’re seeking a bit of variety between bets, BetMGM also offers an online casino and live poker in select states. 

To get the full scoop on BetMGM’s set-up, features, and what it brings to the table, check out the rest of this review. And if you feel excited to give it a go, you can take the next step by signing up through our link. 

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Bonuses and Promotions

BetMGM's sportsbook sign-up offer is right up there with the best of them, providing a chance to recoup up to $1,000 if your initial bet doesn't pan out. It's a straightforward process: sign up, deposit, and then place your first bet of $10 or more. If that bet loses, you receive a bonus equivalent to your stake. The bonus arrives within 24 hours of your initial bet settling, and you have a week to use it.

The value of BetMGM’s welcome deal is on par with leading competitors like FanDuel and Caesars, though Caesars edges a bit higher with a bonus reaching $1,250. One thing I appreciated about the BetMGM offer is how the bonus is awarded: if you wager over $50, the bonus is divided into five equally sized bonus bets, improving your chances of landing a winner compared to a single bet credit.

When it comes to existing customer offers, BetMGM doesn't disappoint. It runs lots of betting promotions, from MLB Same Game Parlay Insurance to $100 referral bonuses and free-to-play contests with exciting prize packages. It’s safe to say there’s something for everyone here, and some real value too. You can even join the appealing MGM Rewards program, a luxurious loyalty scheme that offers a range of perks. Activation is a breeze; just get your account rolling online to start collecting points.

Sports and Markets

BetMGM has a good selection of sports to pick from, covering major leagues like NFL, NHL, NBA, and NCAAF. They also have betting options for things like PGA Tour, UFC, and NASCAR. Just a heads up though, there’s not much action on smaller sports here, especially when compared to sportsbooks like DraftKings and BetRivers. But if you're into popular sports, you should enjoy what’s on offer. 

BetMGM offers lots of different types of bets too. They have the usual ones like who will win, total points, and point spreads. But they also have markets like guessing if the final score will be odd or even in a baseball game, or how many runs a team will score. You can also place combo bets and special bets in the same game. Basically, whatever type of bet you like, I’m confident that BetMGM will have you covered.

Design and Usability

BetMGM nails it when it comes to design and ease of use. Their sportsbook rocks a stylish black and white theme with the familiar gold accents associated with this iconic brand, making the site bold yet easy on the eyes. Moving around is straightforward too: well-organized menus get you to different parts of the site with just a click or two. 

BetMGM’s mobile site is also user-friendly and has all the sports and features of the desktop site, making it smooth sailing whether you're betting at home or on the go. The only slight drawback I faced on mobile was that sometimes things felt cramped on the smaller screen. But overall, both on the computer and phone, BetMGM offers an enjoyable experience.

Payment Methods and Withdrawal Times

The BetMGM's cashier page doesn’t offer the biggest lineup of payment methods I’ve seen, but the choices that do make the cut are trustworthy. You've got options like Visa, Mastercard, PayPal, VIP Preferred, Online Banking, and the Play+ card for deposits. All these methods ensure swift deposits, letting you jump into betting in no time.

Something that I do really like about BetMGM is the withdrawal speed. It offers seriously quick payouts, with an internal approval time of 24 hours or less. Payouts to BetMGM Play+ cards and eligible debit cards hit right after processing, making them the speediest choices. VIP Preferred and Online Banking take 2-4 business days, while Mastercard withdrawals take 1-3 days. With speeds like these, this is among the fastest paying sportsbooks out there, so if you're keen on getting your winnings fast, BetMGM might be your perfect match.

Live Betting Options

Live betting at BetMGM is a real treat with a range of exciting features that not only make every moment count but also helps the sportsbook compete strongly against rival sites. The live betting section is neatly organized, offering a wide choice of daily events from both local and international leagues, giving you many choices to pick from. While exploring, I found that the live events came with plenty of markets, and that the interface provided a clear view of the ongoing action and statistics. 

BetMGM also goes the extra mile by offering free live streaming for various events, including soccer games and tennis matches. You'll find a dedicated tab in the live section that lists all upcoming events available for live streaming, which really helps the excitement to build. One cool thing about the live streams at BetMGM is that options include MLB.TV’s Free Game of the Day. BetMGM has made history with this one, becoming the first sportsbook to stream MLB games on its desktop site as well as its app.

An early cash-out feature adds yet more appeal to betting with BetMGM. This allows you to cash out bets early on selected markets, giving you the chance to secure a payout or cut your losses based on the current odds at any point during the game. There’s also a unique Edit My Bet feature, which I found was the perfect addition to cash out. It allows you to add, swap, and remove selections, and increase the stake of your wagers. It’s available whenever cash out is, providing a fun alternative to calling it quits on your bet.

Bet Builder

BetMGM makes parlay betting simple with its Easy Parlay feature, but it's the Same Game Parlay (SGP) option that lets you get truly creative. Unlike combining bets from different events, SGPs let you combine selections from the same game, giving you a chance to dive into game details and put your knowledge and instincts to the test. 

Using the SGP feature at BetMGM is straightforward. When available for a game, you'll spot a 'Build Parlay' button next to the selection. A quick click opens a window showing a variety of bets ready for your SGP. These options range from simple picks like the game winner to player-specific predictions such as Mike Trout hitting a double. As you pick your bets, they appear in your bet slip ready for you to confirm your stake and place your wager. 

For an even simpler route to placing a Same Game Parlay, just click on the event to access the full listing. There you'll find a section named Pre-Built SGPs, offering a handful of pre-made wagers. The only thing not on the menu here is the ability to combine SGPs with other SGPs, a feature present on FanDuel and DraftKings. However, I'm confident that this is a feature that will be missed by only the most experienced bettors.

BetMGM Betting App

Every bettor needs a fantastic mobile sportsbook app for betting on the go, and BetMGM serves up a luxury contender. The app boasts a slick look, carrying over not only the bold black, white, and gold color scheme of the desktop site but also its intuitive design and full range of sports and markets. It’s available for both Android and iOS, allowing most bettors to get involved and experience the excitement of betting on sports anytime, anywhere. 

For the most part, BetMGM’s mobile sportsbook app has a tailored design offering a more spacious feel. However, there are certain features that I will always prefer to enjoy on the desktop site, not least the all-new MLB live streams. The bigger the screen the better where they’re concerned. 

Customer Support

BetMGM keeps things simple when it comes to support, offering customers the chance to get in touch either over live chat or through an on-site contact form. It’s hard to find fault with a sportsbook that offers friendly live chat support, especially when it’s on the menu 24/7. This option certainly suited me, though it’s not beyond the realms of possibility to think that some folks may prefer the option to give BetMGM a call. Social media users can take advantage of the option to contact customer support on Twitter (now X) @BetMGMCare.

Summary

After learning all about BetMGM, I’m truly impressed with just about every aspect of this site. If BetMGM seems like the right choice for you, trying it out is simple. Just click our link, and we’ll guide you directly to the sign-up page. 

Frequently Asked Questions

Is BetMGM safe and legal?

Yes, BetMGM offers a safe and secure platform for sports betting in multiple US states. You can access your account from anywhere and legally place bets in states where BetMGM is licensed, such as in Arizona, Kansas, and Wyoming.

Does BetMGM have a smartphone app?

Yes, BetMGM offers a highly rated mobile app. Available for Apple and Android devices, it offers access to the same sports, markets, and features as the desktop site. 

Can I cash out at BetMGM?

Yes, a cash out option is available on select straight and parlay bets at BetMGM. Where cash out is available, you can also choose an alternative Edit My Bet option. This allows you to add, remove, or swap selections, and increase your bet stake too. 

Does BetMGM have competitive odds?

For sure! BetMGM offers competitive odds across a wide variety of sports and bet types. They also have special offers called Lion’s Boosts, which enhance the odds on selected bets. Remember, it often pays to compare odds across different sportsbooks to find the best value, and you can do that here at Betting Odds. 

The people behind this page

The BettingOdds.com's online gambling content experts who helped write, edit and check this page:
Jack Kitson
Jack Kitson is the Editor of Betting Odds and The Sack Race. He is an NCTJ-qualified sports journalist who has accumulated over 10 years of experience in the sports betting industry. His work on The Sack Race was honoured by a panel of experts at the Football Blogging Awards where it was named the Best Gambling Football Blog. Jack created the popular YouTube series ‘In The Managers Office’ featuring exclusives with Chris Wilder and Ian Holloway, while his work has been referenced within numerous publications such as The Guardian, BBC Sport, The New York Times, and Washington Post.
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