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BetMGM Sportsbook Review & $1000 Bonus

BetMGM enjoys a massive following in the United States for a good reason. The BetMGM Sportsbook is now ranked third after DraftKings and FanDuel.

Welcome to our BetMGM review, where we analyze every aspect of this online sportsbook and casino.

image author shadrack kairu
Author:
Shadrack Kairu
Published:
01/03/2022
Last Update:
04/07/2022
100% Up To $25 Cashback
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4.9
by Odds Scanner US

General Information

🎁 Bonus 100% Up To $25 Cashback
⭐ Rating
icon yellow full star
4.9
by Odds Scanner US
💳 Payments American Express Bank Transfer Discover Mastercard PayNearMe
⚽ Sports American Football
Basketball
Baseball
Ice Hockey
Football
🛡️ License DGE DGE/06-09-2019

Pros and Cons

Excellent collection of sports markets and bets
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Partnerships with several land-based affiliates for real Vegas gambling experiences
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Generous welcome bonus, regular promos, and boosts
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A user-friendly website and mobile app with a seamless navigational interface
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Multiple deposit and withdrawal methods
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Limited promotional offerings in some states
red cons
The live streaming option is limited
red cons
American Express
Bank Transfer
Discover
Mastercard
PayNearMe
Bonus
100% Up To $25 Cashback

BetMGM Sportsbook Review

BetMGM online sportsbook offers the opportunity to bet on countless sporting events across all major international and North American sports leagues. You’ll find nearly every market right here, from the more popular sports like football and baseball to the less popular ones such as volleyball and snooker.

The sportsbook is loaded with convenient features to ensure the best gambling experience. An easy-to-use Parlay Builder lets you build your bet slip smoothly and the “Edit My Bet” function makes it possible to change bets. The “Share My Bet” feature allows you to share your bet slip with your friends.

Check out our complete BetMGM sportsbook review covering everything from the legitimacy of BetMGM to its operational principles and procedures. This also includes bonuses and promotions, betting odds and offers, payout methods and speeds, mobile app and site experiences, customer service, and much more!

Is BetMGM Legit? (Can You Actually Win?)

BetMGM is fully licensed and regulated by the New Jersey Division of Gaming Enforcement. The operator is 100% legit.

But is it safe to bet on BetMGM in any state? Unfortunately, NO. Customers may only place wagers in states where BetMGM is licensed.

At the moment, BetMGM holds licenses in 23 states (it’s expanding to more states). Placing a bet in one of the regulated states is safe and you can win real money and cash out your winnings.

BetMGM Bonus Code & Promotions – Generous + Random Specials

BetMGM guarantees value for both first-time and regular punters. The brand offers several bonuses as rewards for players who consistently play at the site.

Players receive free bets, referral bonuses, daily boosters, event promotions, loyalty program rewards, and leaderboard tournaments among others. A slew of BetMGM bonus codes keep customers coming back for more!

Keep in mind that bonuses and promotions vary slightly by location. Consult the sportsbook from your state to confirm the availability of a bonus or promotion.

BetMGM Signup Bonus

BetMGM offers 100% risk-free first bet up to $1,000. To claim this sign-up bonus, register and verify your account, deposit a minimum of $10 and place your first bet.

If you win the bet, you take home your winnings. If you lose it, BetMGM will refund your stake in full in the form of free bet credits. For example, if you lose $100 on your first bet, you’ll get $100 worth of free bet credits.

Note that the sign-up bonus is valid for only seven days from the day it is claimed.

Money Monday Club

BetMGM awards the Money Monday Club bonus to its active bettors. To qualify for this offer, opt into the Money Monday Club promotion.

Then, bet at least $50 on qualifying wagers during the week (Monday through Sunday). BetMGM will award you $10 worth of free bet credit on Monday of the following week.

Parlay Bonus

Registered customers at BetMGM can scoop up the operator’s parlay bonus. This promotion is reserved for players who take greater risks by adding more legs (or selections) to their parlay bets.

To be eligible for this promo, opt in and make a qualifying parlay bet of at least four selections. The more selections you add to your parlay bet, the bigger your returns will be.

At BetMGM, your winnings from a qualifying parlay can increase by up to 40%. The actual payout depends upon how many legs are involved.

BetMGM App & Site – User-Friendly Interface and Seamless Navigation

The BetMGM site has a clean layout that’s easy to navigate. Sports markets are strategically located at the top of the homepage so you can easily select your desired event.

The BetMGM app also benefits from a simple, clean interface. Navigating is smooth. Plus, it’s easy to find your desired sports betting markets.

BetMGM Mobile Experience Highlights

  • The mobile site is uncluttered, easy on the eye, and simple to navigate
  • All betting markets are accessible from the center of the screen
  • The Home, A-Z Menu, My Bets, Bet Slip, and Promotions tabs are accessible at the bottom of the screen to save time
  • Tabs for major US leagues are labeled clearly across the top of the screen so you can make quick bets for local games
  • The mobile app isn’t the best-looking looking, but BetMGM prioritizes function over style

BetMGM Desktop Experience Highlights

  • A player-friendly interface with eye-catching white, gold, and black colors
  • All the prominent features are centralized to minimize scrolling
  • The sport-by-sport menu at the top can be accessed easily
  • An “A-Z Sports Guide” tab and “Promotions” tab direct users to all the available promos on the site
  • A persistent slideshow dominating the middle of the homepage can be distracting. However, it provides clickable icons for users to jump to featured events and promos

BetMGM Odds – You Don’t Need To Search Elsewhere

Odds are a fundamental aspect of sports betting. Higher odds mean bigger payouts.

For example, imagine a game between Man United and Liverpool. The Caesars sportsbook offers odds of -125 on the over/under 2.5 goals market. Another bookmaker, Fox Bet, offers odds of -111 on the same betting market.

If you were to choose Caesars and wager $100 on the over/under 2.5 market, a winning bet would pay out $180.

On the other hand, if you decide to go with Fox Bet and place the same bet, a win would return $190.

The BetMGM sportsbook’s odds are as competitive as those of other leading sports betting sites. That being said, the odds are subject to change. Be smart and shop around for great odds before placing your bet.

Boosted Bets

Every day the BetMGM sportsbook selects a few specific games and enhances their odds to increase the amount of money a player could win. Occasionally, the odds for underdogs and longshot plays are also boosted.

Parlay Insurance

BetMGM offers what is called “parlay insurance.” To qualify, you need to construct and populate a parlay of at least five legs and 300 odds. If you lose that parlay by one leg, you’re eligible to receive up to $25 in free bet credits.

BetMGM Sports Betting Review

BetMGM isn’t limited when it comes to sports and leagues to bet on. US bettors can place real-money wagers on more than 20 BetMGM sports including baseball, soccer, football, MMA, golf, and tennis.

Expect to find top American leagues like NBA, MLB, NHL, and NFL. Moreover, the sportsbook boasts a bevy selection of college events too.

Note that the BetMGM online sports betting site updates the available leagues regularly. Visit the sportsbook to see which sports are currently available.

Baseball

Along with the MLB, there are more than nine European leagues to bet on. There are also great basketball leagues from Australia, Japan, Argentina, South Korea, and New Zealand.

Basketball

The BetMGM online betting site is full of NBA action. Browse updated NBA betting odds, parlays, NBA championship futures, and more right from your phone.

Soccer

The BetMGM betting site has partnered with Major League Soccer to take your sports gaming to the next level. You can bet on One Game Parlays, build soccer parlays, view live betting odds, and more.

Mixed Martial Arts (MMA)

One of the most popular bets you can place online at BetMGM is an MMA bet. There are lines for every fight, including straight bets, props, points handicap, parlays, over/unders, and more.

BetMGM Casino Review

BetMGM is committed to offering thrilling online gambling entertainment. The BetMGM online casino has more than 400 casino games from renowned software providers.

There are classic table games like BetMGM poker, blackjack, and roulette. There are also a variety of real money slots, progressive jackpot slots, and a set of exclusive games.

Online Slots

There are more than 360 online slot games available to players at BetMGM. Among the most popular ones are 88 Fortunes, Siberian Storms, Kitty Glitter, Starburst, and Monopoly: Bring Down the House.

Live Dealers

BetMGM has a large collection of live dealer games. You’ll find about 6 live dealer options, including Live Blackjack, Live Roulette, Live Baccarat, Premium Blackjack Pro, Unlimited Blackjack, and others.

Video Poker

The video poker section of the BetMGM online casino consists of 13 versions of the game. The most popular ones include DJ Wild Stud Poker, Texas Hold’Em Bonus Poker, Double Double Regal Poker, and Five Play Draw Poker.

Virtual Sports

Love betting on sports but hate to wait for the results for hours? The BetMGM casino has you covered. There are 5 virtual sports games at this online casino, including Virtual Soccer, Virtual Motorcycles, Virtual Greyhounds, Virtual Horses, and Virtual Cars.

BetMGM Deposit and Withdrawal Methods

BetMGM has a deposit and withdrawal method for every player. From the convenience of an e-wallet like PayPal and Skrill to the simplicity of credit/debit cards, there is something for everyone.

How can I deposit money to BetMGM?

BetMGM deposit supports a solid range of options. Click the “Deposit” button and choose from:

  • Credit/debit card (MasterCard, Visa, Discover): Instant transaction with a $10 minimum deposit. You must provide all card information including your CVV code.
  • Online bank transfer: Instant transaction with no minimum deposit.
  • PayNearMe: Scan a barcode on the BetMGM website or app and fund your account at 7-Eleven, Family Dollar, or CVS. Funds are available within 20 minutes of the deposit. No limit.
  • Play+ prepaid card: Link your card to BetMGM to make an instant deposit. Requires a minimum deposit of $10.
  • ACH/e-check: Provide your bank routing number and account number to Transactions clear instantly.
  • PayPal: Link your PayPal account to your bank account to deposit to BetMGM. Make a minimum deposit of $10 to get instant funding.

How can I withdraw money on BetMGM?

Go to the BetMGM withdrawal page and click “Withdraw.” Then, select one of the following:

  • Online bank transfer: Payment processing time is 1-5 business days. You can cash out a minimum of $20.
  • Play+: Takes 2-7 business days to complete payments. The minimum amount to withdraw is $10.
  • Skrill: Withdraw a minimum of $10 from Skrill and get paid in 2-3 business days.
  • Cash: Present your photo ID at the Borgata cage and request that your funds be withdrawn. The minimum withdrawal is $20 and the processing time is instant.

BetMGM Sports Betting Markets

The BetMGM sportsbook offers an excellent array of sports betting markets. There are moneyline bets, spreads, and totals (over/under) for a variety of sporting events.

To see additional options, click the “all wagers” tab in the lower right corner. You’ll see other available bets such as single-game parlays, player props, and teasers.

You can lock in a futures bet from the available bets. Get creative and make your selections as you please.

Moneyline

Bet on the team you think will win the game outright.

Spreads

The favorite wins by covering the spread number, and the underdog must cover a certain number of points to close the margin.

Totals

Choose whether or not both teams will exceed the total number of points predetermined by the BetMGM online sports betting site.

Parlays

Pick multiple bets and tie them together on one bet slip. It involves higher risks but greater returns.

BetMGM Login and Registration

Registering and logging into the BetMGM sportsbook won’t take more than a few minutes. To start, follow these steps:

1.      Visit BetMGM signup page

Head over to the BetMGM signup page and select your state. Then, at the top right corner, click “Register.”

2.      Enter your details

Fill out your first and last name, date of birth, and a valid email address. Create a unique username and a secure password.

Finally, provide your phone number, physical address, and the last four digits of your Social Security Number (SSN).

3.      Set security questions

You must set security questions so that you can retrieve your password if you forget it.

4.      Confirm your eligibility

Confirm that you are 21+ years old for your account to be verified.

5.      Login and deposit funds

Once your account has been verified, you’ll be redirected to the BetMGM login page. Sign in to the sportsbook and make your initial deposit of at least $10. From there, your BetMGM playing journey starts.

BetMGM Live Bets and Streaming Service – Seamless But Can Be Better

BetMGM offers live streaming and in-play betting. However, the live streaming option is rather limited. Streams are only available for popular matches/events.

In-play bets

Live betting is available for different sports, including golf and hockey. Punters can choose moneyline bets, spreads, props, totals, and parlays.

BetMGM live odds aren’t as strong as those of bet365. However, they’re among the most competitive out there.

In-play odds can come and go in a matter of minutes. So, make sure you’re always ahead of the action.

Live streaming option

Live streaming is available on select games like basketball and tennis. However, you can click the corresponding icon on any game and watch a game cast on mobile and desktop.

Some games at BetMGM can also be transmitted via live TV broadcasts. This option is only available on desktop.

BetMGM Customer Support – Comprehensive and Available 24/7

BetMGM customer support is superb. There is a comprehensive FAQs section that answers most questions.

If you’d rather get in touch with an agent, contact BetMGM via live chat, email, or phone. To do this, navigate to the “Help & Contact” section at the top right corner of the screen and select your preferred support option.

BetMGM Company History

The BetMGM brand was born out of a merger between MGM Resorts International, a legendary global hospitality company, and Entain Holdings (formally GVC Holdings), the world’s largest betting technology company.

The company started in 1987 under the management of MGM Resorts International. Back then, it was a brick-and-mortar casino. MGM teamed up with Entain Holdings in 2018, resulting in a slick sports betting site and an online casino.

The BetMGM online gambling site has grown over the years, now ranking third in popularity behind DraftKings and FanDuel.

BetMGM Vs. Other Sportsbooks

BetMGM sportsbook is in the same league as other leading sportsbooks around the world. The brand offers a comprehensive catalog of sports betting markets and competitive odds that meet industry standards.

BetMGM has also built a strong online presence on Facebook and Twitter. Its modern gambling environment appeals to casual and professional bettors alike.

Is it Worth Betting on BetMGM?

BetMGM is an excellent legal sportsbook for American bettors. The sports betting platform is incredibly stable, easy to navigate, and packed with a huge selection of sporting events.

The brand’s casino section harnesses the power of some of the world’s biggest iGaming providers. There are loads of online slots, table games, and a dedicated online poker room to add even more fun.

What’s more? BetMGM offers an excellent $1,000 risk-free first bet to get you started.

Frequently Asked Questions About BetMGM

Is BetMGM a legit betting site?

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It sure is! BetMGM is licensed to operate in 23 states. It meets all gambling protocols set out in each state.

Can I use a credit card on BetMGM?

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Yes. You can fund and manage your BetMGM account using Visa, MasterCard, Discover, and American Express.

How do I withdraw money from the BetMGM app?

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To withdraw funds from the BetMGM sports app, go to My Account and navigate to the Cashier page. Select the Withdrawal tab and your desired cash-out method. Follow the steps to complete your withdrawal request.

How long does BetMGM take to withdraw?

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Processing time varies by the payment method used. Withdrawal times can range from 1 to 7 business days.