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 Betā MGM review, I unveil everything that makes 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
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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 ź¦°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. Itās currently legal in 22 states ā each with its own ą·“regulator, and it has recently opened operaštions in the 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 tź¦ŗo become the 23rd.
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Arizona
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Colorado
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Illinois
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Indiana
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Iowa
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Kansas
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Kentucky
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Louisiana
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Maryland
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Massachusetts
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Michigan
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Mississippi
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New Jersey
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Nevada
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New York
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Ohio
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Pennsylvania
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Tennessee
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Virginia
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Washington DC
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West Virginia
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Wyoming
Can You Claim Real Money at BetMGM?
BetMGM is a safe, licensed sportsbook, so you can deposit funds, place bets, and withdrawš½ money through an array of availabį©į©į©į©į©į©ā¤ā¤ā¤ā¤į©ā¤ā¤ā¤ā¤į©ā¤ā¤ā¤ā¤į©š±į©į©į©le payment methods.
However, itās worth noting that on some occasions, some winnš„ings ā especially with ongoing promotions ā may be paid out via bet credits, which you can thenš use on BetMGMās sportsbook/casino to potentially win real money. Whether payments are made in bet credits or real cash will be clear within the promoās 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 iź¦”n your state, creating an account is very ź¦æsimple, and once youāve been verified, youāll be clear to start betting.
By depositing funds into your account, you should be able to take advantage of BetMGMās generous welcome bonus ā which Iāll soon discuss. This promotion gives new customers a great chanšce to kick-start their BetMGM journey with a bang!
Navigating through the bookieās sportsbook is easy enough. A promotions slider at the top denotes all of BetMGMās current offers, while an A-Z menu of the sports offered runs down the left-hšand side of the homepage. Once youāve found an event/market you fancy betting optišŗons on, youāll then go through the slick and quick betting process.
How To Read BetMGM Odds
The bookie uses American sports betting oddsą¼, displayed as a plus or minus ā e.g. +1000 or -180.
The plus odds is the amount youād win on a $100 bet. So, using the above example, $1,000 ā not including the stake. Minus odds show the amount youād wager to make $100 in profit. With odds of -180, youād have toš stake $180.
Sports Leagues on BetMGM
BetMGM boasts an impressively comprehensive sportsbook with a multitude of different sports leagues available to beą± t on.
As youād expect, their coverage of the major American sports leagues such as the NFL, NBA, MLB, NHL, and MLšS, 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 alsšo highlighted on the bookie's homepage, where odds for uāpcoming 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 areš 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 onÜ«e of the top offers for new bettors ā Bonus Bets promotion.
After entering the promo code āBOOKIESā during registration, youāll be eligible for this offer. All you then need to do is deposit a minimum of $5 and place your first wager on any BetMGM sports market to instantly reāceive the rather random figure of $158 in Bonus Bets. These bonuses will be awarded as two $50 bets and one $58 bet.
Youāve got seven days after registration to qualify for this bet offer, and five days to use your bonuses. This is a mightily generous ā¦offer given the low qualifying bet stake and the fact that you receive your bonuses instantly!
Same Game Parlay Insurance
BetMGM may not have pioneered the rise and subsequent prominence ofź¦Æ the Same Game Parlay (SGP) bet type, but itās nāonetheless a part of their promotions package.
A little quirk theyāve 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 leāast +400 to qualify.
If your bet wins, you win! However, if just one leg of your SGP lets you down, BetMGM will give you yošur stake back in Bonus Bets as compensation.
Odds Boosts
Thereās nothišng particularly exciting or unique here, with every top-level bookmaker offeringā some sort of boosted odds promo.
BetMGMās is once again sport specific. Their Boosted Odds Token, which can increase your pašyout by 25%, 33%, or 50%, is offered on matches fārom various major sports leagues, depending on the time of year.
BetMGM Refer a Friend
This is such a simple way of earning credits tšo spend on the bookie's sportsbook or casino.
A Refer a Friend invitation will get the baą¹ll rolling. Once your friend has signed up, been verified, and met BetMGMās wagering requirements, youāll each receive a bonus on the product they signed up for. You can refer up to 20 friends, all of which come šwith a $50 sports or casino bonus.
If they sign up š„for poker, youāll each receive up to $1,000 in bonus amount and $75 for tournament play.
šøFor more similar offers, you can always visit the Promotions page on the BetMGM website.
BetMGM Bet Types
Here are some of the mšost popular bet types offered by this bookmaker:
Spread
Sš“pread betting is immensely popular among US bšØettors, and BetMGMās 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 ā-ā next to their points spread, while ź¦«the underdog will have a ā+ā.
For example, if youāre betting on the NBA and BetMGM have the San Antonio Spurs at +10.5 to beat the Houstāon 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, youāre betting on that team to win the contest ā thereās no marāØgin of victory involved. Your payout for such a bet will depend on how much a team is favoured or ą½§overlooked (underdog).
Totals
Totals betting takes away the need to bet on the outcome of a featured game. With this bet type, youāre betting on how many points will be scored in the game. BetMGM sets a line, and youā have to choose whether more or fewer points will be scored than ź¦¬that line.
Let's say you back the under on a game between the Cleveland Browns and Baltimore Ravens and the line is set š¼at 39.5, these two teams must combāine to score fewer than 39 points for your bet to win.
Props
A prop bet is another bet type that doesnātź¦ focus on the outcome of a sporting 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 fš³or, or how many touchdowns Deebo Samš°uel will score in one game.
There are other types of prop bets, including team props. With these bets, youāre wagering on the team in question to hit a ź¦«certain target within the game. For instance, 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 (ālinesā) winning. All it takeš²s is oneā leg to let you down for your parlay to be a losing bet.
However, these bets typically garner longer odds and larger payouts. Parlay odds are calculateād by multiplying each lineās odds sequentially. Thus, the more lines you add, the longer the odds and the bigger the payout.
BetMGM also offers Same Game Parlays, allowing you to comš bine māultiple bets on one sporting event into one big bet.
Live Betting
If you didnāt 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 to the final buzzer. The bookieās live coverage makes for an easšy, user-friendly experience, with their in-play markets easy to access.
BetMGM offers live markets ą¶£on an array of sports, with popular leagues such as the NBA and NFL particularly popular for live betting. The length of time football and basketball matches go on for means there are plenty of live betting ošŖpportunities.
Futures
In these long-term bets, youāre betting on the future outcome of a spoš¦¹rting event. For example, you can bet on the Super Bowl winner before the season begins and throughout the season. If youāre 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 options may differ from state to state, but the followingź¦ are generally found across all states.
Banking Methods
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Credit or Debit Card ā The most popular option for bettors. Debit cards available include Visa, Discover, Mastą“ercard, and American Express.
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Online Banking/Electronic Transfer ā This is a quick and šeasy option if youāve set up an account befš ·orehand.
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ACH/VIP Preferred e-check ā You need to šhave aš routing number if you choose this payment method
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PayPal ā This is a particularly popular payment option at BetMGM as you can link your PayPal account when signing up to this bookmaāØker.
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Skrill ā Another e-wallet accepted by BetMGM, although itź¦s fees may look āintimidating
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Play+ Prepaid Card ā Popular due to its robust security team, this is a prepaid card connected to the BetMGM betting site. Make sure to enrol your card through the bookie before using it. Play+ accounts registered for other bookies are š„not compatible with BetMGM.
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PayNearMe ā With this ošption, you can make a payment at your local CVS, 7-Eleven, or Family Dollar. To make sure you successfully deposit using this option, you must provide your email and phone number associated with your BetMGM accounšt. You 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.
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Borgata Hotel, Casino & Spa ā A more niche optiošn which very few use, but itās available nonetheless. You can make payments at the cashier window at the Borgata Hotel & Casino Resort if you're in Atš¤”lantic City. You will need your ID and a BetMGM account to complete the payment.
While there are some anomalies, the minimum deposit ź©²for all these optionsš ° is $10 when betting at this bookie.
Withdrawals
Weād always recommend you use the same payment option for both depositing and withdrawing with BetMGM. However, you canāt directly transfer funds to a debit/credit cardą·“.
š° Below are availablļ·ŗe betting options for withdrawal at BetMGM:
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Couriered Check
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VIP Preferred e-check
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PayPal
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Skrill
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Online Banking/Electronic Transfer
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Play+
The minimum withdrawal for all methods is $20, while the maximum differs by the options. There are no fees associated with any withdšrawals, which are typicalšly processed between one to five banking days.
BetMGM Mobile
BetMGMās mobile is available to download on Apple and Android via the App Store and Google Play respectively. The BetMGMš casino app is only available for those that reside and are betting from within the states the bookmaker operates.
The bookieās comprehensive sportsbook is condensed into the betting 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 featurš¦es such as odds boosts and cash-out to enhance their betting experience.
How To Sign Up for BetMGM
Sāigning up and creating an account with BetMGM is a quick and straightforward process. Hereās a step-by-sš tep guide:
Visit the BetMGM sportsbook app and select theš« state in which you currently ź¦reside.
Click the āRegisterā button.
Register uź©µsing a valid emš“ail, then create a password.
Alternatively, you can use your PayPal or Yahoo Sports accounšt to registź¦¦er.
Follow the simple registration steps in which only bāasic information is required.
Tick the T&Cs box if you agree to the terms.
Undergo šthe verification process to confiš§rm your identity ā youāll need to send BetMGM a document (passport, driving license, etc.). Youāll also need to provide the last four numbers of your SSN.
Once verified,š³ youāre ready to fund your BetMGM account and start placing wagers from mobile app or desktop site.
BetMGM Support Team
BetMGM offers several customer support options which diffšer 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 (āET). Thereās also a BetMGM Horse Racing line/email to contact, as well as the bookieās 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 itselāØf was brought about thanks to a partnership between global hospitality and entertainment company MGM Resorts International and Entain Holdings ā 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 sportsš bar to bring BetMGMās digital platform to more players. Later that year, theyād sign a historic agreement with Yahoo Sports as the pair became exclusive sports betting partners.
BetMGM has also established relationships with major US sports franchises and leagues. In 2023, they extended their agreement with the National Hockeyš¹ Leaguš§e (NHL) to continue as the leagueās 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 York Jets from the NFL, the MLBās Boston Red Sox, New York Yankees, and LA DodgersāØ, as well as the NBAās Philaą± delphia 76ers. Such partnerships help curate VIP experiences for BetMGM users.
Jamie Foxx, Barry Sanders, and āThe Great Oneā Wayne Gretzky are among several high-profile brand ambassadoš„rs.
Responsible Gambling on BetMGM
BetMGM place a strong emphasis upon responsible gambling, offering a dedicated guide with a long list of tips for avoidinį©į©į©į©į©į©ā¤ā¤ā¤ā¤į©ā¤ā¤ā¤ā¤į©ā¤ā¤ā¤ā¤į©š±į©į©į©g problem gambling.
The bookie allows its users to set deposit and spending limits as well as other restrictionsš to lower thše risk of gambling addiction.
Another resource is available on the BetMGM site, which offers a self-assessment test and a list of signs of a gambling disorder. An array of additional help links is also supplied for several states in which tšhe bookie operates.
BetMGM Casino Review
BetMGM separates their casino and online poker products, with only a few US states legalizing both. As a result, these products arenāt anywhere near as prominent or popular comparedš° to BetMGMās sportsbook.
Despite the reduced prominence, the bookieās 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 customers to play. In some cases, monster jackpots in excess of $2m ašre in play.
Moreover, new customers can enjoy a generous welcome offer which is a 100% bonus on your first deposit ā up to $1,000 or $2,500 depending on the state.
Casino players can also access the MGM rewards program ā a system used in all land-based casinos. All youār stakes and wins contribute points to the program which can then be converted into cash bonuses or lucrative real-life experiences.
Where Is BetMGM Online Casino Legal?
While BetMGMās sportsbook is legal in over 20 states as well as Washington DC, their casino product is ą¶£legal in only four. Bettors in New Jersey, West Virginia, Michigan, and Pennsylvania can take advantage of BetMGM Casino, but nowhere else.
BetMGM Poker has š“not yet been legalized in West Virgź¦inia.
Resources
ThePuntersPage Final Say
This BetMGM review has detailed the extremities of the platform ā one of the USā most popular bookmakers. With its comprehensive sportsbook, litany of state-specific promotions, and array of efficient services, itās easy to gauge why BetMGM has gained such an esteemed reputation in short order. This isź¦¦ an operator Iād recommend to anyonāe who can access it.
BetMGM Review FAQs
Absolutely, BetMGM has emerged as one of the USā most secure and popular betting sites since its establishment. However, you should always play responsibly and enjoy diź§fferent gaming options.
BetMš¦¹GM was launched in 2018 following the overturning of PASPA. You can enjoy legal online sports betting in overā 20 US states.
Absolutely,ā if you are able to place winning bets, you can withdraw your funds from your BetMGM account 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 Betš®MGM. However, this new customer offer isź¦”nāt available in Mississippi, New York, Nevada, and Washington DC.
You must be 21 orš over to sign up andā wager with BetMGM.
BetMGM is accessible in the US, but only from these states: AZ, CO, D.C., IL, IN, IA, KšøS, KY, LA, MA, MD, MI, MS, NJ, NV, NY, OH, PA, TN, VA, WV, and WY.