BetMGM stands as a prominent force in the thriving American gambling industry with roots deep inside the notorious Las Vegas Strip. Its online platform provides top gambling experience to bettors in more than 20 states across the country.
With their star-studded lineup of celebrities pushing their rewarding promos and a rich choice of sports and betting options seamlessly incorporated into their user-friendly mobile betting app, the people behind the brand are working tirelessly to become the top sportsbook in the US. Are they there yet? There are now many BetMGM alternatives and challenges to the king’s throne, but has the operator done enough to stay ahead of the competition? Stay with us until the end of this review, and you will get more than a simple answer.
| Pros | Cons |
|---|---|
| Minimum Deposit $10 | Withdrawals take a minimum of two business days |
| Well-established brand in the industry | No phone support available in most states |
| Large state availability | Can be quick to limit accounts |
| Highly-responsive mobile app | No live chat facility |
| Wide variety of sports with numerous betting options | Limited promos for existing users |
| Rich choice of banking options for deposits |
BetMGM Sportsbook Sign Up Bonus
The Welcome Offer at BetMGM Sportsbook is not among the absolute top of the industry, but it still is a great bonus that can help you at the start.
If you register at BetMGM today, make a deposit of at least $10, and place a qualifying wager of any amount on any sports market, you will become eligible for the sign up bonus which offers a refund of up to $1,500 should your wager lose.
The amount you will get back will be refunded as bonus bets. If you bet $50 or more, BetMGM will get you the refund as bonus bets in 20% denominations. However, if the amount you placed on the qualifying wager was lower than $50, you will get your refund as one bonus bet. Use the BetMGM promo code BETTINGTOOLS to claim your welcome offer at betmgm.com!
Make sure to use your bonus bets within 7 days. Otherwise, they will expire.
Other BetMGM Promotions
In addition to the welcome bonus, you can claim other promos on BetMGM, depending on your location. Once you have placed a qualifying bet that loses, you can get your stake back for the following sports:
NHL: During the regular NHL season, you can get your wager back in cash every Wednesday if your predicted first goal scorer scores second.
Golf: From Monday to Wednesday in all of the PGA Tour majors, you can get your stake back if the player you bet on to win finishes as the runner up.
Our Favorite Betting Tools and Features at BetMGM Sportsbook
We all love shiny new toys, and in the world of online betting, those toys are the latest betting tools and features. Luckily, BetMGM has plenty of them.
Live Betting
For many bettors, live betting is everything. The live betting section, unlike other sections, doesn’t have the luxury to come back from an occasional hiccup. It is a critical feature that demands perfection.
Luckily, the live betting platform at BetMGM works like a charm. The navigation is seamless, the odds are getting updated without any lag and the intuitive design allows you to browse the hundreds of live betting options effortlessly.
Cash Out
Like most sportsbooks, BetMGM offers customers the ability to end their bet early with a great feature, aptly called cash out. With the BetMGM Cash Out feature, if you think your bet won’t finish, you can end it early for a reduced payout. This is a great option to help secure profits or minimize losses based on real-time game developments. As much as we would love all our bets to come in, realistically, this is just impossible.
If a bet is heading toward a loss, cashing out early can help recover part of the stake instead of losing everything. On the flip side, if a bet is winning but the outcome is uncertain, cashing out ensures a guaranteed profit rather than risking a late-game upset. We use this feature during live betting, where odds change rapidly. BetMGM also offers partial cash-out options, letting bettors withdraw a portion of their winnings while keeping part of the bet active.
Live Streaming
Cheering on your picks while watching them live in HD is one of the best feelings for every sports enthusiast, and the hard-working people at BetMGM know that.
At BetMGM, you can watch all your favorite sports events live whether you are on the mobile app or the web browser on your desktop. The live streaming feature works perfectly and puts you in a position where you can monitor your picks at any time and at any place.
Enhanced Betslip:
The streamlined betslip on BetMGM allows you to view your parlay betting options with a single look. You will find a selection of parlays, SGPs, and SGP + bets at the top of the slip. Then you can use the checkboxes at add your parlay bets to the betslip. This simplifies the whole process, as you can place multiple wagers with a single click.
Parlays
Any good sportsbook needs to offer parlays, and as you can probably guess, BetMGM is one of the best to do it. It is really easy to place parlay bets with BetMGM and the sportsbook really excels with user-friendly features, customizable options, and competitive odds. The book also offers parlay boosts, wide market coverage, and live bet integration, enhancing potential payouts while ensuring a seamless experience for both beginners and seasoned bettors.
Same Game Parlays
If you want to crank up the excitement and get a chance to earn higher potential payouts without having to wait for long hours then Same Game Parlay is the feature for you.
Building a Same Game Parlay at BetMGM is super easy to do. All you have to do is find an event you like that is eligible for the Build Parlay option (most events are eligible), select it, and make your picks. Your Same Game Parlay will be ready in no time. Then, you can request a payout immediately after the match has finished.
BetMGM is our sportsbook of choice when it comes to parlay betting sites. The book offers competitive odds on a wide range of sports when compared to other operators.
Edit My Bet
Not satisfied with your bet? You think you made a mistake? Well, at BetMGM, you have nothing to worry about.
Thanks to the Edit My Bet feature, you can edit, add, swap, or remove selections – with the current odds, of course. And if you are feeling more confident as the game progresses, you can even increase your stake.
To be able to use the Edit My Bet feature your bet must be eligible for the Cash Out feature or you must have unsettled selections on your parlay whose outcome has not already been determined.
Responsible Gambling Tools
BetMGM advocates for responsible gambling and offers its bettors various self-management tools that they can use to keep things under control.
Remember, you don’t have to have a gambling problem to use these tools. Being in full control and not letting sports betting become anything more than just a hobby is always the right way to go.
Our Experience & Score of BetMGM Sportsbook
| Review Areas | Score |
|---|---|
| Welcome Bonus | 8 |
| Betting Markets | 10 |
| Banking | 8 |
| Support | 9 |
| Safety | 10 |
| Promotions | 8 |
BetMGM Sports Markets
While sign up bonuses and the usability of certain betting tools are something people can always argue about, a sizable catalog of sports markets like the one at BetMGM leaves no place for debate.
The selection of sports you can bet on at BetMGM is second to none. It literally includes any sport you can imagine and each sporting event comes with hundreds of betting options you can choose from. It’s not just the big sports like football and baseball that get coverage. Fans of smaller sports such as MMA are well covered. BetMGM has some of the best coverage of the UFC making it our number #1 betting app for UFC.
If you are someone who likes to browse through the betting markets, make sure to clear your schedule before logging in to your BetMGM Sportsbook account.
BetMGM Sportsbook Banking Methods
BetMGM offers convenient banking options for sports betting, largely thanks to the inclusion of numerous payment methods for deposits and withdrawals. Depositing with nearly all listed banking options is instant, and most of them qualify for the generous welcome offer. The minimum deposit amount at the book is $10 which may be a tad high for some, with many bettors preferring a $5 deposit sportsbook.
| Payment Method | Fee | Payment Processing Time | Minimum Amount |
|---|---|---|---|
| Visa | No fee | Instant | $10 |
| Mastercard | No fee | Instant | $10 |
| PayPal | No fee | Instant | $10 |
| Venmo | No fee | Instant | $10 |
| Apple Pay | No fee | Instant | $10 |
| Play+ Prepaid Card | No fee | Instant | $10 |
| VIP Preferred | No fee | Instant | $10 |
| Bank Wire Transfer | No fee | 1-6 business days | $10 |
| PayNearMe | No fee | Within 15 minutes | $10 |
| American Express | No fee | Instant | $10 |
On the other hand, withdrawals are not something BetMGM is at the top of the game. While the simplicity of the process and the safety are top-notch, the speed of the internal review is not something this betting site has the bragging rights for. There is good news for Apple fans in that BetMGM is one of several Apple Pay betting sites available, alongside several other ewallet options.
| Payment Method | Fee | Payment Processing Time | Minimum Amount |
|---|---|---|---|
| Visa | No fee | Within 24 hours (After internal review) | $10 |
| Mastercard | No fee | 1-3 Business days (After internal review) | $10 |
| PayPal | No fee | Within 24 hours (After internal review) | $10 |
| Venmo | No fee | Within 24 hours (After internal review) | $10 |
| Apple Pay | No fee | 1-3 Business days (After internal review) | $10 |
| Play+ Prepaid Card | No fee | Within 24 hours (After internal review) | $10 |
| Online Banking | No fee | 2-4 Business days (After internal review) | $10 |
| Instant Banking | No fee | 2-4 Business days (After internal review) | $10 |
| VIP Preferred | No fee | 2-4 Business days (After internal review) | $10 |
While more and more top-rated sports betting platforms are starting to process withdrawals in less than 24 hours, BetMGM still needs between two and three days to process your request. If you are a PayPal user, the good news is it is easy to link your accounts. PayPal offers customers a very fast (and secure) way to deposit funds into your account. BetMGM is our preferred PayPal betting site as it is so easy to link your accounts and get your winnings out fast. The operator is also one of the few that allow betting deposits and withdrawals by PayNearMe, so they are a great choice for anyone looking to use this method. To learn more about quick withdrawals, check out our guide to the fastest payout betting sites for more info.
As well as PayPal, BetMGM is one of the growing number of sportsbooks accepting Venmo as a method to make deposits and withdrawals. Venmo offers a fast, secure and convenient way to deposit, which is why it’s such a hit with bettors.
BetMGM State Availability
You can access the BetMGM sportsbook in the following states:
- Arizona
- Colorado
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Marlyland
- Massachusetts
- Michigan
- Missouri
- Nevada
- New Jersey
- New York
- North Carolina
- Oregon
- Ohio
- Pennsylvania
- Tennessee
- Virginia
- Washington
- Washington D.C
- West Virginia
- Wyoming
If you meet the legal age requirements in any of these states, you can create a BetMGM account and claim your bonus.
BetMGM Sportsbook Support and Contacts
The first thing you will probably notice regarding customer service is the lack of phone support in many states. However, do not let that discourage you. The BetMGM Sportsbook customer support team will be more than happy to provide you with assistance through the following channels of communication:
- Email: (state initials)@betmgm.com
- X (Former Twitter) Account: @BetMGMCare
- Live Chat (Available 24/7)
Although we had a positive experience getting in touch with a customer support agent through all of the channels, what stood out was the Help Center with its FAQ section where we were always just a few clicks away from finding an answer to any question we had.
Is BetMGM Sportsbook Legit?
BetMGM Sportsbook, under the operation of MGM Resorts International, is one of the most reputable brands in the industry.
BetMGM Sportsbook works under a license issued by a government body that regulates and monitors all the activities on the platform in each state where BetMGM operates.
Operating under such licenses, BetMGM Sportsbook guarantees a safe and secure betting experience for every user.
Regular Deals and Rewards at BetMGM Sportsbook
Not many deals and rewards programs in the gambling industry have the reputation of the BetMGM rewards program. This program lets you earn points that you can later spend at MGM Resorts to pay for your hotel stays, dining, and more.
As you stack up your points, you will climb the MGM Rewards tiers. Higher tiers typically offer more benefits that can come as room upgrades, VIP access to shows and events, and various personalized offers.
Once you create your BetMGM Sportsbook account, you will automatically enroll in the BetMGM Rewards loyalty program for sports betting. On top of that, you will also be eligible for MGM Rewards, the loyalty program for MGM Resorts. From then on, each time you place a bet, you will rack up reward points and tier credits.
Besides the loyalty program, BetMGM Sportsbook has regular promo offers tailored to special events and sports. The promotions often include Odds Boosts, Parlay Boosts, and Multi-Sport Parlay Boosts. Make sure to check them out regularly.
BetMGM Sportsbook Review Verdict
Finding a one-size-fits-all answer to the question of which is the best online sportsbook is impossible in this incredibly competitive market.
The list of top-notch online sportsbooks available to US bettors seems to be getting longer and longer, and BetMGM is clearly up there with the very best.
While many can argue if BetMGM deserves to sit on the American sports betting throne, most will agree that the sportsbook has more than it takes to have a place on the Mount Rushmore of online sports betting platforms.
