BetMGM Sportbook Review Chart
Because of the juice or hold -- the “tax” a sportsbook takes on a bet -- it can be difficult to find bets with positive expected value. That means when books give out promotions and odds boosts, it’s important to take advantage of those situations.
Bonuses & Promotions
Bonuses & Promos from BetMGM - 4.5 / 5 Stars
BetMGM has a solid sign-up offer, and it stands out particularly because of the 1x rollover, which is much lower than most legal online sportsbooks. They also stand out by offering a slew of bonuses, promotions and daily boosters so users can keep receiving value even after the initial one-time sign-up. Read More
Mobile App & Website
BetMGM: Sports Betting Mobile App - 4.0 / 5 Stars
BetMGM’s mobile app is user-friendly but not especially high-tech or different from the desktop website. It’s easy to navigate to sports, promotions and the betslip, but some markets, like player props, are a little more difficult to find. Read More
Registering & Cashiering
BetMGM: Registering & Cashiering - 5.0 / 5 Stars
We didn’t have any issues signing up for an account or depositing and withdrawing money. It can take a couple days for a withdrawal request to clear, but overall the process works. BetMGM does give a variety of options to deposit and withdraw, including PayPal. Read More
BetMGM Betting Options
BetMGM: Betting Options - 4.0 / 5 Stars
BetMGM is a large sportsbook that’s been around for a while, so it definitely has a handle on just about any sport that’s legally available to bet on. It doesn’t open markets, so it may take longer to find a line, and some smaller markets like props can be somewhat limited. Read More
BetMGM vs Other Sportsbooks
BetMGM: Competitor Comparison - 4.5 / 5 Stars
BetMGM is a big player in the market and will continue to expand to states as they legalize sports betting. The book shines in its offers and promotions, but it does have some of the higher holds among its competitors in the U.S. landscape. Read More
Bonuses & Promotions
BetMGM's bonuses and promos are top-tier.
Sign Up Offer
BetMGM has a solid sign-up offer for new users: They’ll match your deposit up to $500. Note that the deposit match is a 1-for-1 match of your deposit. That means if you deposit $100, they’ll give you $100 of free bets in your account; if you deposit $500, they’ll match $500. It’s a one-time offer, so make sure you take advantage of whatever sum you’re comfortable depositing.
- The minimum deposit to qualify for the offer is $10. There’s no promo code required at BetMGM to get this offer; all you have to do is click this link, create an account and make a first deposit. They’ll instantly match whatever that amount is.
- It does require a 2x rollover, which means you’ll have to wager twice your bonus offer before being able to withdraw those funds into cash. That just means that for every $2 bet, you’ll get $1 toward your bonus offer. A lot of books, especially offshore ones, can have rollovers that are way higher. BetMGM’s 2x rollover is competitive in the industry.
One stipulation to keep in mind is that that 2x rollover requirement must be hit within 30 days of opting into the offer, and only bets that are -200 or lower (so -150 is OK, as are plus-money bets) will be counted toward the rollover requirement.
Mobile App & Website
BetMGM’s site isn’t as high-tech as competitors like DraftKings or PointsBet, but it gets the job done. It’s very easy to navigate to sports, and promotions and bonus offers are front and center on the main page to help users find some extra daily value.
One challenge we’ve found is that while it’s easy to navigate to sports, finding smaller markets or particularly bets within those isn’t as user-friendly. For example, NBA player props are not listed anywhere in the main or sport-specific navigation. Instead, you have to click into a specific game and then click onto a different “Player Props” page.
Once you’ve found the section you’re looking for, however, things are well-organized with easy-to-use, clean tables. It’s easy to click a bet and add it to your bet slip.
Registering & Cashiering
BetMGM offers a variety of options for users to deposit funds, including debit and credit cards, prepaid cards, e-wallets and bank transfers. There have been instances reported of a deposit being declined because a credit card company doesn’t allow it. In that instance, users have to use a prepaid card or a bank transfer.
Notably, no current U.S. sportsbook allows deposits or withdrawals with cryptocurrency like Bitcoin, including BetMGM.
Payouts can take up to five days to be approved, although they’re usually processed sooner. Funds can be withdrawn directly into your bank account. Notably, you cannot withdraw funds onto a prepaid credit card. There are no fees to withdraw funds from BetMGM.
One of the nice things about betting with a U.S. legal book like BetMGM is you don’t have to worry about successfully withdrawing money. Sportsbooks are regulated by each state, so you have protections from those regulatory bodies; that same assurance doesn’t exist for offshore sportsbooks.
BetMGM has a variety of deposit and withdrawal options, including:
- Bank account
- Credit card
- Debit card
- Prepaid credit card
- Casino cage
Almost all U.S. sportsbooks have ways to promote responsible gambling, and BetMGM is no different.
- Self-exclusion: Bettors can take a “time-out,” which either locks your betting or locks your account altogether for a specified amount of time.
- Deposit limit: Bettors can set a maximum amount they want to deposit up front, and BetMGM won’t allow more than that.
- Loss limit: Bettors can set a limit on how much they can lose in a day, week or month; after that, they won’t be allowed to bet until the time expires.
- Session time limit: Bettors can limit the amount of time for each session, or the time they’re logged in.
- Full name
- Phone number
BetMGM Betting Options
As one of the biggest sportsbooks in the United States, BetMGM has a lot of available markets, including all major sports and most niche ones, too. There are some exceptions like politics markets and props not revolved around sporting events, but the options are vast.
Bet types available
As one of the biggest gaming entities in the U.S., BetMGM offers about every market that’s legal to offer in the states they’re located. Here are some of the main bet types:
- First halfSecond half
- Player props
One drawback is that compared to some other books in the U.S. market, BetMGM does have somewhat limited secondary markets, including game or player props. For example, DraftKings offers odds on players to make or miss the cut at PGA Tour events; BetMGM has historically not offered that market. They will sometimes offer props, but they’re more limited than other books.
There are other smaller markets available as well, including leagues within sports. For example, within golf you can be on the PGA Tour, European Tour, the Ryder Cup and more.
BetMGM vs Other Sportsbooks
While sign-up offers, promos and user experience are all crucial factors in selecting a sportsbook, the most sophisticated bettors are often worried about the price. We can compare books in this regard a couple of ways:
- Juice: Also referred to as the “vig,” this is the tax a sportsbook charges for a bet. The standard odds for a spread bet is -110, which means you have to pay $110 to win $10. That extra $10 is the tax.
- Hold: Similar to the juice, hold is defined as the percentage a sportsbook keeps for every dollar wagered. It’s a better metric to measure for moneylines, for example.
Most online U.S. books -- in states where betting is entirely online and not regulated by the state lottery, at least -- have standard juice on your typical bets. Take, for example, the juice on spread bets for the NFL:
There’s no major difference between sportsbooks: It is commonplace to get -110 on both sides for both the spread and the over/under.
In terms of hold on moneylines, here’s how BetMGM has compared with other U.S. books in the past:
BetMGM, on average, hasn’t been quite as high on NFL moneylines as DraftKings, but it’s still among the highest of the main U.S. sportsbooks. While the difference might seem minuscule on the surface -- and it might be for smaller, recreational bettors -- the difference can definitely add up over time.
BetMGM also offers worse odds on some smaller markets, like player props. While some books like DraftKings will offer -110 sides on those, BetMGM often offers -115 both ways. For some bets, like golf head-to-head matchups, it will even hike up the juice to -118 on both sides.
If you’re looking to bet main markets like spreads and totals for major sports, BetMGM is definitely worth opening an account with so you can find the best price when you’re ready to make a bet. However, for smaller markets like props, BetMGM does charge a higher price, although it does try to offset that with a variety of promotions and daily boosters.
Following the overturn of PASPA in 2018, MGM decided to expand its sports betting market share by launching in newly legal and online states, including Colorado, New Jersey, Indiana and West Virginia. They’ll be one of the biggest players as sports betting grows in the U.S.
MGM has made a name for itself not only with a good introductory offer (you get an INSTANT 100% deposit match of up to $500), but also some more custom promotions centered around specific games. Example: 49ers +49 in the NFC Championship Game. (Breaking news: They covered.)
Sports you can bet at BetMGM
In addition to pregame bets, BetMGM also offers live wagering on many of the sports listed.
- College Football
- College Basketball
- NHL + other hockey leagues
- Motor Racing
- Cricket and more
Registering at BetMGM
BetMGM features a registration process that's super easy to complete on both your phone and computer.
Creating An Account Requires
- First Name
- Last Name
- Date of Birth
- Cell Phone Number
- Last 4 of SSN
- 2 Security Questions
Making Deposits at BetMGM
BetMGM gives users a number of ways to deposit funds.
- ACH (eCheck)
- Cash via Borgata Casino
Making Withdrawals at BetMGM
How to take money out of your BetMGM account.
- ACH (eCheck)
- Cash via Borgata Casino
- Check by mail
BetMGM Frequently Asked Questions
What’s the best promo code to use for BetMGM?
BetMGM doesn’t require you to enter a promo code; all you need to do is follow this link to get a 100% deposit match of up to $500.
How does the 100% deposit match (up to $500) work?
Deposit matches are generally great promotions for bettors to take advantage of, and BetMGM’s is no exception.
It requires a 2x rollover, meaning you have to wager 2x your bonus offer before being able to withdraw funds.
Let’s say you make a $500 deposit. If you follow this link, you’ll INSTANTLY get $500 in bonus bets deposited into your account. You can withdraw whatever you turn those $500 in bonus bets into after you wager $1,000 (2x the bonus amount).
Is it legal to bet on sports using the BetMGM app?
Yes. BetMGM is a fully legal, regulated online sportsbook operating in four states: New Jersey, Indiana, West Virginia and Colorado.
Which states allow betting via the BetMGM app?
As of May 1, there are four states that allow online sports betting via the BetMGM app:
Can I download the BetMGM app even if I’m not in one of those four states?
Yes, but you won’t be able to make any bets unless you are in New Jersey, Colorado, Indiana or West Virginia.
BetMGM will confirm your location through your phone or computer GPS. As long as you’re in a legal state, you can bet. If you live in one of those states but are not within the borders, you will not be able to bet.
Do I have to be a resident of New Jersey, Colorado, West Virginia or Indiana to bet on the BetMGM online sportsbook?
No. You just need to be inside the state border, at least 21 years old and a United States citizen.
BetMGM will use a GPS to confirm your location and make sure you are within its legal jurisdictions. As long as you’re in the state, you can place a bet.
Can I withdraw money from BetMGM if I’m not in a legal state?
Yes. You can take out money from your BetMGM account from any location, though you will not be able to place a bet until you are back in a legal state.
Do I have to go to a MGM casino to sign up for a BetMGM sportsbook account?
No. If you’re hoping to use the BetMGM app in New Jersey, West Virginia, Colorado or Indiana, you do not need to physically go into one of its brick-and-mortar locations to register and fund your account. You can do all of that on your computer or smartphone.
Is a 1x rollover the industry standard?
Most sportsbooks require rollovers to access bonus funds, and many of them require much larger rollovers. For example, for some books if you get a $100 deposit match, you’ll have to wager 10x that amount to get access to that cash. With BetMGM, you just have to wager the amount of your first bet, which is a great offer.
What’s the minimum deposit I can make?
BetMGM requires new users to deposit at least $10.
What is the minimum bet amount?
You can make bets on BetMGM starting at $0.50, which is nice for beginning bettors.
What type of devices can I use to create an account on the BetMGM app?
- Computer (Mac or PC)
Can I deposit into my account via PayPal?
Yes, BetMGM accepts PayPal. It’s one of the easiest methods to both deposit and withdraw money, so we recommend it.
How fast can I withdraw money from my BetMGM account?
Fast. Legal, online sportsbooks like BetMGM will deposit the money in your bank account just a few days after requesting a payout. One of the easiest ways to do this is by hooking up your bank account to direct deposit both ways.
Is it safe to bet using the BetMGM app?
Yes, BetMGM is safe.
BetMGM is one of the most established brands in gaming and is indeed legit. You do not need to be worried about being scammed. It is licensed to offer sports wagering within specific states, and as such it is required to abide by its terms and conditions and pay out all winning bets.
Since BetMGM is a legal, authorized U.S. sportsbook, your money is protected in any situation, even if they go out of business.
How is BetMGM different from Bovada?
There are plenty of important differences between BetMGM and Bovada. For one, Bovada is an illegal sportsbook in the United States. It is based outside the U.S., and, perhaps most importantly, it is not regulated by the federal government or any specific state. This means that you have almost no options in an event of fraud or anything else.
In contrast, BetMGM had to go through a rigorous regulatory process to become a legal online sportsbook in New Jersey, Colorado, West Virginia and Indiana. It has to follow the rules set forth by those states. It’s required to report its betting handle to the state and pay taxes.
Other huge benefits to using BetMGM as opposed to illegal sportsbooks:
- You can deposit and bet with ease (within seconds of making your deposit).
The bonus you receive is not subject to arduous rollover requirements; you have to roll over your free bets only once before being able to withdraw the money from your account.
It won’t take you weeks and weeks to receive your money when you request a withdrawal. Instead, you’ll get the money in your account in just a few days max and oftentimes sooner if you use PayPal or hook up your bank account.
Does BetMGM charge fees?
You will not be charged for withdrawing or depositing at BetMGM. That said, all sportsbooks charge “juice” or “vig” on each bet, which you can read more about in our sports betting glossary.
Juice differs by sportsbook, but on standard bets like the spread or over/under, it’ll be 10%.
Why does BetMGM need my social security number and other personal information?
Your social security number and personal information are used solely to make sure you’re able to bet by being of legal age and a U.S. citizen. Your information is secured at BetMGM.
Will my winnings be taxed?
BetMGM pays taxes to the states it is authorized to operate in. However, sports betting winnings at any book, including BetMGM, are taxable. Any year-long winnings over $600 will be taxed.
Losses from gambling can be claimed as a deduction, although you’ll need to itemize your deductions.
In terms of deductions, you’re capped at the difference between your gambling wins minus your losses. For example, if you win $2,500 and lose $5,000, you can claim only $2,500 in losses — not the additional $2,500.
Who owns BetMGM?
MGM is part of a larger company called ROAR Digital, which owns both MGM Resorts International and GVC Holdings, a gaming entity out of Britain.
Does BetMGM offer live betting?
Yes, users can live bet most sporting events both on the BetMGM website or in its app.
Does BetMGM allow users to cancel bets?
No, but BetMGM offers the option to cash out before the game’s conclusion or edit your bet during the action.
Does BetMGM help users limit their risk?
Yes, BetMGM allows you to set limits on deposit, spend, session and time spent on the app on your account. Check out their Responsible Gaming page for more information. If you or someone you know has a gambling problem and wants help, call 1-800-Gambler.
Other BetMGM Benefits
Bet & Get
Who doesn’t love a good 2-for-1 deal? Through MGM, you can get an eligible in-game bet for free after placing a pregame NHL bet, as long as the wager takes place from Tuesday-Thursday.
College Hoops + NBA Win Bonus
If you place a bet of $25 or more on the moneyline of MGM’s featured college basketball or NBA game of the day, you’ll receive $3 in site credit for every point that the team wins by.
Get in the Game!
If you opt-in for a live bet on a basketball game anytime Tuesday-Saturday, you’ll earn credits toward free live in-game wagering.
Monday Monday Club
Join MGM’s Monday Monday club and you can start the week with a $10 free bet when you place $50 in qualifying wagers during the previous week.
Enter the Power Parlay Leaderboard contest for a chance to win the $3,000 grand prize or one of the dozens of other prizes. Plus, MGM will offer an additional $500 in free bets during each week of the promotion.
Edit My Bet
The sporting action never stands still, so why should your bet? “Edit My Bet” offers more control over your betting, allowing you to change any straight or parlay bet that has the “Cash Out” option available. Gone are the days of placing your bet and waiting for the result. Don’t like how your bet is going? Then change it! Bets can be modified by adding, swapping or removing selections, as well as adding additional stake.
BetMGM Customer Service
MGM’s customer service team is available 24/7 through its online chat function.