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 BetMGM 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 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. It’s currently legal in 22 states —🦩 each with its owꦯn regulator, and it has recently opened operations 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
꧒ As of January 2024, BetMGM is legal to some capacity in 22 US states (listed below), with N💙orth Carolina set to 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, an꧒d withdraw money through an array of available payment🌞 methods.
However, it’s worth noting that on some occasions, some winnings — especially with ongoing promotions — may be paid out via bet credits, which you can then use on BetMGM’s sportsbook/casino to potentially win real money. Whether payments are made in bet credits or rea꧒l cash will be clear within the promo’s 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! Pඣresuming BetMGM is legal in your state, creating an account is very simple, and once you’ve been verified, you’ll be clear to start betting.
By depositing funds into your account, you should be able to take advantage of BetMGM’s generous welcome bonus — which I’ll soon discuss. This promotion giv🐽es new customers a great chance to kick-sꩲtart their BetMGM journey with a bang!
Navigating through the bookie’s sportsbook is easy enough. A promotions slider at the top denotes all of BetMGM’s current off🃏ers, while an A-Z menu of the sports offered runs down the left-hand side of the homepage. Once you’ve found an event/market you fancy betting options on, you’ll then go through the slick and quick betting process.
How To Read BetMGM Odds
The bookie uses American sports betting odds, displayed as ꧋a plus or minꦚus — e.g. +1000 or -180.
The plus odds is the amount you’d win on a $100 bet. So, using the above exꦇample, $1,000 — not including the stake. Minus odds show the amount you’d wager to make $100 in profit. With odds of -180, you’d have to stake $180.
Sports Leagues on BetMGM
BetMGM boasts an impressively comprehensive sportsbook 🍌with a multitude of dꦬifferent sports leagues available to bet on.
As you’d expect, their coverage of the major American sports leagues such as the NFL, NBA, MLB, NHL, and MLS, 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 also highlighted on t🉐he bookie's homepage, where odds for upcoming daily t൩ournaments 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 are some of the best curren🍒t promotions ဣoffered by BetMGM, including their new customer offer:
Bet $5 Get $158 Instantly in Bonus Bets
BetMGM has prepared one of the top offers for new bettors — Bonus Be༺ts promotion.
After entering the promo code ‘BOOKIES’ during registration, you’ll 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 receive the rather random figure of $158 in Bonus Bets. Th🌌ese bonuses will be awarded as two $50 bets and one $58 bet.
You’ve got seven days after registration to qualify for this bet offer,💫 and five days to use your bonuses. This is a mightily generous 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 of the Same Game Parlay (SGP) bet type, but it’s nonetheless a part🗹 of their promotions package.
A little quirk they’ve 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 least +400 ༺to qualify.
If your bet wins, you win! 🌠However, if just one leg of your SGP lets you down, BetMGM will givꦫe you your stake back in Bonus Bets as compensation.
Odds Boosts
There’s nothing particularly exciting or unique here, with every top-level bookmaker offering some sor𓄧t of boosted odds🌱 promo.
BetMGM’s is once again sport specific. Their Boosted Odds Token, which can increase your payout by 25%, 33%, or 50%, is offered on match♛es from various major sports leagues, depending on the time of year.
BetMGM Refer a Friend
This is such a s🃏imple way of earning credits to spend on the bookie's sportsbook or casino.
A Refer a Friend invitation will get the ball rolling. Once your friend has signed up, been verified, and met BetMGM’s wagering requirements, you’ll each receive a bonus on the product they signed up for. You can🐲 refer up to 20 friends, all of which come with a $50 sports or casino bonus.
If they sign up for poker, you’ll each receiꦉve up to $1,000 in bonus amount and $75 for tournament play.
For more similar offers, you can always visit the Promotions 🎀page on the BetMGM website.
BetMGM Bet Types
Here are some of the mos🦩t popular bet types off⛦ered by this bookmaker:
Spread
Spread betting is 🅰immensely popular among US bettors, and BetMGM’s🐲 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 “-” next to th𝓀eir points spread, while the🌌 underdog will have a “+“.
For example, if you’re betting on the NBA a🍷nd BetMGM have the San Antonio Spurs at +10.5 to beat the Houston 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, you’re betting on that team to win the contest — there’s no mar🍬gin of victory involved. Your payout for such a bet will depend on how much a team is favoured or overlooked (underdog).
Totals
Totals betting takes away the need to bet on the outcome of a featured game. With this bet type, you’re betting on how many points will be scored in the game. BetMGM sets a line, and you have to ch🌄oose whether more or fewer points will be scored than that line.
Let's say you back the under on a game between the Cleveland Browns and Baltimore Ravens and the line is🎉 set at 39.5, these two teams must combine to score fewer than 39 points for your bet to win.
Props
A prop bet is another bet type that doesn’t focus on the out♏🍒come 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 mﷺight want to bet on how many yards Joe Burrow will throw for, or how many touchdowns Deebo Samuel will score in one game.
There are other types of p𝔉🌳rop bets, including team props. With these bets, you’re wagering on the team in question to hit a 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 (‘lines’) winning. Aꦏll it takes is one 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 calculated by multiplying each line’s odds sequentially. Thus, the more lines you add, the longer the odds and the bigger the payout.
BetMGM also offers Same Ga🌜me Parlays, allowing you to combine multiple bets on one sporting event into one big bet.
Live Betting
If you didn’t 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 bookie’s live coverage ꦺmakes for an easy, user-friendly experience, with their in-play markets easy to access.
BetMGM offers live markets on an array of sports, with popular leagues such as the NBA and NF♚L particularly popular for live betting. The length of time football and basketball matches go on for means there are plenty of live betting opportuniti🦩es.
Futures
In these long-term bets, you’re betting on the future outcome of a sporting event. For example, you can bet on the Super Bowl winner before the season begins and throughout the season. If yജou’re 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 di🍰ffer from state to state, but the following are gಌenerally found across all states.
Banking Methods
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Credit or Debit Card — The most popu🥂lar option for bettors. Debit cards available include Visa, Discover, Mastercard, and American Express.
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Online Banking/Electronic Transfer — This is a quick and easy option if you’ve set up an account 💦beforeh𒁏and.
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ACH/VIP Preferred e-check — You need to have a routing n𒉰umber if you choose this payment method
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PayPal — This is a particularly popular payment option𓆉 at BetMGM as you can link your PayPal account when signing up to this bookmaker.
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Skrill — Another e-wallet accepted ꦉby BetMGM, although its fees may look intimidating
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Play+ Prepaid Card — 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 𝕴the bookie before using it.💎 Play+ accounts registered for other bookies are not compatible with BetMGM.
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PayNearMe — With this option, 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 account. 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 — A more 🥂niche option which very few use, but it’s available nonetheless. You can make payments at the cashier window at the Borgata Hotel & Casino Resort if you're in Atlantic City. You will need your ID and a ♏BetMGM account to complete the payment.
While there are some anomalies, the minimum dไeposit for all these options is $10 when betting at this bookie.
Withdrawals
We’d always recommend you use the same payment option for both de✃positing and withdrawing with BetMGM. However, you can’t directly transfer funds to a debit/credit card.
Below are availabಌle 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 withdrawals, which are typically processღed between one to five bankiꦡng days.
BetMGM Mobile
BetMGM’s mobile is available to download on Apple and Android via the App Store and Google Play respectively. The BetMGM casino app is only available for those that reside and are betting from within the states the bo🎐okmaker operates.
The bookie’s comprehensive sportsbook is condensed into the betting app, which functions at the utmost efficiency. 𝓰No features are left out. Livestreams of major sports leagues across the glꦫobe are accessible, with casual bettors also being able to enjoy an array of betting features such as odds boosts and cash-out to enhance their betting experience.
How To Sign Up for BetMGM
Signing up and✱ creating an account with BetMGM is a q🧔uick and straightforward process. Here’s a step-by-step guide:
Visit the BetMGM sportsbook app and select the state in which yo👍u currently reside.
Click the ‘Register’ button.
Register using a valid email, then𓂃 create 💃a password.
Alternatively, you can use your PayPal or Yahoo Sports account to re💝gister.
Follow 🌠the simple registration steps in which only basic information is required𓃲.
Tick the T&Cs box if you agree to the terms.
Un🅺dergo the verification process to confirm your identity — you’ll need to send BetMGM a document (passport, driving license, etc.). You’ll also need to provide the last four numbers of your SSN.
Once verified, y💖ou’re 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 differ by the state. Each state has their own separate൲ phone number and email address f🦂or users to contact.
Their phone lines are typically avai𝓡lable between 11:00 and 20:00 (ET). There’s also a BetMGM Horse Racing line/email to contact, as well as the bookie’s 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 itself was brought about thanks to a partnership between global hospitality a꧟nd entertainment company MGM Resorts International and Entain Holdings — a gambling company based on the Isle of Man.
Since its launch in 2018, BetMGM ꦬhas𒈔 gone into business with all sorts of partners. In 2019, they signed a deal with Buffalo Wild Wings sports bar to bring BetMGM’s digital platform to more players. Later that year, they’d 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 th💛e Nat🐷ional Hockey League (NHL) to continue as the league’s 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 MLB’s Boston R📖ed Sox, New York Yankees, and LA Dodgers, as well as the NBA’s Philadelphia 76ers. Such partnerships help curate VIP experiences for BetMGM users.
Jamie Foxx, Barry Sanders, and ‘The Great One’ Wayne Gretzky are among several high-profile brand am▨bassadors♏.
Responsible Gambling on BetMGM
BetMGM place a strong emphasis upon responsible gambling, offering a dedicated guide wi✨th a long list of tips for avoiding problem gambling.
The bookie allows its users to set deposit and spending limits as well as other restrictions ⭕to lower the risk of gambling𝐆 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 he💝lp links is also supplied for several states in which the 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 produ♋cts aren’t anywhere near as🐠 prominent or popular compared to BetMGM’s sportsbook.
Despite the reduced prominence, the bookie’s 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 jackp⛦ots in excess of $🎐2m are in play.
Moreover, new customers can enjoy a generous welcome offer which is a 100% bonus on your first deposit — up to $1,000 or $2,500 depending on the state.
Casino players can also access the MGM rewards program — a system use♑d in ♔all land-based casinos. All your 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 BetMGM’s sportsbook is legal in over 20 states as well as Washington DC, their casino pro🍒duct is 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 not yet been legalized🌌 in West Virginia.
Resources
ThePuntersPage Final Say
Thi🧜s BetMGM review has detailed the extremities of the platform — one of the US’ most popular bookmakers. With its comprehensive sportsbook, litany of state-specific promotions, and array of efficient services, it’s easy to gauge why BetMGM has gained suc꧃h an esteemed reputation in short order. This is an operator I’d recommend to anyone who can access it.
BetMGM Review FAQs
Absolutely, BetMGM has emerged as one of the US’ most secure and popular betting sites since i🌊ts establishment. However, you should always play responsibly and enjoy differe💝nt gaming options.
BetMGM was launched in 2018 following theဣ overturning of PASPA. You can enjoy legal online sports betting in over 2🐻0 US states.
Absolutely, if y🌳ou are able to place winning bets, you can withdraw your funds from your BetMGM account and into your actual bank acco🎀unt.
At the time of writing, you can earn $158 in Bonus Bets from a $5 bet after signing up with BetMGM. However, this new customer offer isn’t available in Mississippi, New Yo🔴rk, Nevada, and Washington DC.
You musꦏt be 21 or over to sign up and wager with BetMGM.
BetMGM is accessible in the US, but onl♈y from these states: AZ, CO, D.C., IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NJ, NV, NY, OH, PA, TN, VA, WV, and WY.