BetMGM sportsbook review
Chris is a sports betting expert who has spent years learning how sportsbooks work and how to beat the markets. In addition to his own personal success with betting, Chris now also spends his time producing educational content for his followers across YouTube and Twitter. As a huge NBA, NFL and MLB fan, Chris enjoys the entertainment sports betting can bring, but also understands the hard work required to develop his knowledge and keep up with the markets in order to turn a consistent profit.
BetMGM: Our verdict
Overall rating: 4.4
BetMGM is one of the biggest names in legal online betting. Part of MGM Resorts International, and MGM, the leading entertainment company, in 2018 they took the brand to a new level with the introduction of online sports betting and casinos. The result is a fantastic sportsbook, with a variety of markets to bet on, as well as extra perks included, such as risk-free bets as welcome bonuses.
|Quick payouts (typically within 24 hours).||No live chat or phone number offered as part of MGM's customer service.|
|Live game tracking – follow all the action from the game you’ve bet on in real time.||Wager limits can be lowered quickly if you're consistently winning.|
|Cash out option - after placing a bet, the ability to cash out before the game starts or as a live option during the game.|
|Live streaming of current events.|
|Edit my bet feature gives bettors the control to edit your straights or parlays that have cash out available.|
On this page:
Click the links to jump to each section.
How to sign up to BetMGM
It doesn’t matter if you’re signing up for a BetMGM account via the app or from their website, it's a simple process either way.
Start by visiting BetMGM.com or opening the app. From here click on the Register button in the top-right corner.
Next, you’ll be prompted to select your email address. (Note: trying to register in a state where BetMGM is not legalized or licensed will not work).
Enter your full name, your date of birth, and the last four digits of your SSN, then click Continue.
BetMGM will have to verify your identity through one of two ways. You can answer questions about your identity through public record documents, or upload photo ID. Once BetMGM has reviewed and confirmed your identity you will have access to the BetMGM account.
BetMGM welcome offer: Get up to a $1,000 risk free first bet (subject to terms and conditions)
BetMGM has one of the sweetest “free bet” deals you’ll find on any sportsbook out there. New customers get a risk-free first bet up to $1,000 paid in free bets. Simply registering for an account, making your first deposit, and downloading the BetMGM app means that you will qualify for this offer, although this must be used within seven days. This offer is state-specific and not always available in all states, so it’s definitely worth checking if you’re eligible.
BetMGM bonuses and promos
BetMGM is probably my favorite sportsbook to check first when I’m looking for promos and bonuses because of the array of choices that they offer.
During the MLB season, there’s a MLB Parlay Boost Token which gets users 10% extra winnings on a minimum three-leg parlay. This can be used in pre-match or in-play with a maximum stake of $100.
Speaking of MLB , BetMGM also offers a MLB One Game Parlay. Using this promo, if you place a $25 one game-parlay you’ll be rewarded with a $10 free bet.
Refer a friend, earn a $50 bonus – If a friend signs up using your referral link, and meets the basic wagering requirement, you’ll both get $50 credited to your account.
Parlay plus – earn up to 40% more on parlays placed by opting in and placing a four to seven-leg parlay of any combination of sports or events.
Overtime Insurance for NFL – You get $25 in free bets returned if your moneyline or point spread NFL wager is graded a loser in overtime.
Play-by-play specials that allow you to predict the outcome of a single drive or at-bat.
After you’ve signed up for an account, BetMGM will send notifications via email and through the app with free bet offers. Throughout different leagues’ seasons, BetMGM offers a $10 Free Bet. For example, during the NFL season, I placed a one-game parlay of at least $25 on Monday Night Football, and then received a free bet of $10.
There’s also the Quick Deposit option once you’ve created an account that can make it extremely simple to deposit funds to your account with card information saved. You only have to enter your CVV2 number (from the back of your credit card).
BetMGM key features
Live betting : This section is clear and very well laid out, with a large number of options available every day for live betting. As well as sporting events to bet on, there’s also plenty of different markets within those sports to explore. This includes all the markets that you would expect to see from a good sportsbook – run spread, totals, moneylines, game props, etc.
Early cash out: This is an amazing feature typically offered by top sportsbooks. The cash-out option isn’t available for all markets, but it is a way for bettors to decide if they’d like to cash out at their current odds, at almost any time during a live event after a bet has been placed, even if your bet isn’t coming in.
Live streaming: One of the coolest features BetMGM offers is the live streaming capability of some of the top sporting events. Soccer games, tennis highlights and other events are offered under the live section. It’s dedicated to upcoming matches that can be streamed by users.
BetMGM user experience
BetMGM is simple to navigate. The app makes it easy to track bets, view your bet slip and find your favorite sports. It’s also a plus that promos, and built-in parlays, are on the home screen and that there’s also a simple search feature included at the bottom for quick access to any last-minute bets that you want place. BetMGM also offers a ton of different markets to bet on the app and through the website. There’s a variety of categories to bet, such as player props, parlays, spreads, totals, and so on. There’s also ‘One Game Parlay Bets’ that are pre-made, giving users the of choice of ready-made parlays should they like the look of them.
BetMGM deposits and withdrawals
Upon signing up there is a minimum $10 deposit. This deposit can be made via online banking, PayPal, a credit card, or other funding options. If your first bet loses, BetMGM will give you matching credits, although these must be used within seven days.
There’s also the Quick Deposit option once you’ve created an account, making it extremely simple to deposit funds into your account with your saved card information. It just requires you to enter the amount that you wish to deposit and CVV2 number on the back of your credit card.
BetMGM payout speed
BetMGM is one of the best sportsbooks for quick payouts. Typically funds are available within five days, but I’ve had payouts received as early as twelve hours after winning. You can also withdraw funds directly into your bank or PayPal account. BetMGM doesn’t take any fee for users withdrawing funds.
BetMGM deposit methods
A variety of different payment methods are offered including debit/credit cards, PayPal, online banking, ApplePay, MGM Rewards Mastercard, VIP Preferred, PlayMGM Play+, PayNearMe, Bank Wire Transfers and Tapp (a BetMGM-style gift card).
How to deposit at BetMGM
To make a wager, you must deposit funds into your account. To deposit, navigate to the Deposit button at the top-right of the header and select your desired deposit method. More information on the deposit methods offered can be found in the general section of their FAQs and on their banking page.
|Option||Minimum deposit||Maximum deposit||Process time|
|Bank transfer||$10||$2500||Up to three business days|
BetMGM withdrawal methods
Withdrawing funds from your account is straightforward and convenient. Simply select My Account in the top right corner and navigate to the Cashier page on the main menu. Select the Withdrawal tab, and click on your desired withdrawal method, following the steps to process your BetMGM withdrawal.
|Option||Minimum withdrawal||Maximum withdrawal||Process time|
|Credit card||$10||TBC||1-3 business days|
|Bank transfer||$10||TBC||1-3 business days|
BetMGM app review
The BetMGM app is widely available to all bettors, being on both iOS and Android. Its facial recognition feature saves bettors time, avoiding the process of logging in using your email address and password – probably my favorite part of using the BetMGM app, overall.
Additionally, the app features a “Live” tab in the top-left corner. As soon as you log in, you have immediate access to every sporting event that can currently be wagered on in real time. These two features, in addition to the app having the day’s most popular games and promotions listed on the home screen, make using the BetMGM app an amazing experience.
Lastly, I love the interface and how user-friendly it is to place bets and find specific sports to wager using the A-Z menu search feature. I also really enjoy the fact that the website and the app are so similarly designed. This eliminates any confusion when you’re using the option that you’re less familiar with, whichever it may be.
BetMGM price comparison
BetMGM has pretty standard odds, powered by Entain’s software. They’re typically one of the first sportsbooks to have markets open and lines available. From my personal experience, BetMGM has some of the best odds early, so if you’re line shopping for competitive advantages, BetMGM is a great sportsbook to use in comparison to beat the juice offered on other books. They’ve also been known for having some of the most competitive odds on their live betting platform.
BetMGM betting options
Does BetMGM have good odds?
In comparison to other top sportsbooks, BetMGM has very competitive odds. During the baseball season, if you’re line shopping through different sportsbooks, BetMGM will have some of the best odds available in most baseball markets, including totals, moneylines , player props and spreads.
There’s value in BetMGM’s odds across multiple sports – not just baseball – but a lot of the time I’ve been able to find value using their sportsbook to bet on point spreads in the NBA during the past season.
Furthermore, during the MLB season, BetMGM offers competitive game props like “Winning margin”, “Which team will score the first run?”, and “Will there be runs in the first inning?”, for example.
During the NBA and NFL season, users can bet on first half scores, individual quarters, and future bets.
BetMGM determines what the maximum wager is per user in all sporting events. This includes all potential markets. Remember, winnings are considered taxable income and it’s a big reason your betting history is stored within their system.
What markets does BetMGM offer?
BetMGM is one of the leading online sports betting providers in the market and the sportsbook doesn’t disappoint with its selection of different betting markets. Most of the popular U.S. and international markets are listed on BetMGM, giving fantastic access to its users. The current available BetMGM sports markets include:
|Formula 1||Cricket||Rugby union||Rugby league||Australian rules|
Within the different sports you can bet on within BetMGM, the operator offers a wide selection of bet types. After selecting the betting market you’re interested in, there’s options to select available betting types.
All the ways you can currently wager include:
|Moneyline||Point spread||Parlay||Live (in-play)||Futures|
You’ll have access to see the matches currently in progress featured on their website’s homepage when it comes to live betting. It’s also pretty sweet that live events are the first thing shown when you open the BetMGM app, with odds currently updating in real time.
Does BetMGM offer live betting?
Live sports betting is one of the most entertaining and exciting forms of sports betting. It allows bettors to increase their pregame proposition, hedge a pre-placed bet, or jump on a favorable position throughout an eighth inning, third quarter or third period. BetMGM allows you to place in-game wagers throughout live games. With easy-to-track event pages, it’s a hassle-free way of making live betting more exhilarating and entertaining.
BetMGM has a nicely organized event section with plenty of available markets for live betting. BetMGM offers a load of markets to place live wagers and have an interface that allows for simple representation of the action and statistics.
BetMGM player protection
BetMGM can absolutely be classified as a safe and secure sportsbook. Given the two huge brands behind this online sportsbook, it is safe to say that BetMGM is 100 percent legit. The site offers regulated real money sports betting options in multiple states and holds local licenses in each one.
There’s multiple Responsible Gambling resources and tools which are relatively easy to find. They are also promoted across social media and across multiple websites. BetMGM combines best-in-class digital encryption with fair and responsible gaming.
BetMGM also has a Game Sense website, with different tools and resources for finding help or assistance with any signs of a gambling problems, including a self-assessment questionnaire and how to find help.
BetMGM Customer Service
BetMGM has 24/7 customer service but only via their FAQs. Complaints can be submitted via email (formalcomplaint.in@betMGM.com), but there isn’t currently any phone number to speak to someone. Response time to emails are typically 24 to 48 hours. There’s also a twitter account for support (@BetMGMSupport) but not having a number to actually talk with someone doesn’t entice customers when they’ve run into a problem and want to resolve something promptly.
How to contact BetMGM in the US
|Live chat 24/7:||Yes, via app|
|Email:||Not listed, but can contact via online form|
The state you’re located in determines how you can contact this sportsbook. They have an email address listed on their website that’s pretty easy to find with a simple online search. Other states have phone numbers that can be used to contact the sportsbook, giving them the edge over BetMGM in this regard.
Is BetMGM regulated in the US?
BetMGM US is a completely safe, legal, and regulated sportsbook. The operator is fully licensed by relevant authorities in every state in which it provides its services. BetMGM is fully legitimate, so you have nothing to worry about when betting here.
BetMGM has a generally favorable reputation amongst casual bettors. They’re a leading sportsbook in the US and have a wealth of experience in gaming, thanks to their foundation in casinos and resorts. The biggest problem you will run into with BetMGM is that they quickly limit bettors who win consistently. This isn’t specific to BetMGM, and is a trend among the major sportsbooks in the industry, where they like to sort out the sharps, catering towards the more inexperienced crowds. They offer a wealth of promos, but most are low-value plays with limited profitability. If BetMGM wants to gain ground and separate itself from leading sportsbooks like DraftKings, FanDuel, and Caesars, they will benefit from eliminating limits and retaining regular bettors.
BetMGM review conclusion
Quite simply, BetMGM is the perfect sportsbook to start with for new bettors trying to figure out if they’ll like sports betting for a few reasons. Firstly, who doesn’t love free money? And with the very generous sign-up bonuses offered it’s a no-brainer to give it a try. Secondly, BetMGM has a wide variety of sports to bet on and markets to choose from (moneylines, totals, spreads, player props, etc). Finally, BetMGM is easy to navigate and has a sleek interface, making it pretty simple to use.
BetMGM key information
|Licensed in Canada:||Yes, as of April 4, 2022|
|Licenses:||AZ, CO, DC, IL, IN, IA, LA, MI, MS, NJ, NV, NY, PA, TN, VA, WV & WY|
|Operating regions:||AZ, CO, DC, IL, IN, IA, LA, MI, MS, NJ, NV, NY, PA, TN, VA, WV & WY|
|Average payout speed:||Typically between one and five days|
|24/7 support:||Yes, via web or app|
|Number of sports offered:||17|
|Cash out offered:||Yes|
|Additional products:||BetMGM Rewards loyalty program|
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