BetMGM vs. DraftKings

Which is the Better Sportsbook?

BetMGM vs. DraftKings Comparison

They are both big players in the online sports betting industry, but who comes out on top in the battle of BetMGM vs. DraftKings? The two operators came from different backgrounds, but they have since become two of the most respected names in online betting.

Between them, they cover more than 20 states and whenever any new region opens its doors to legal betting, both BetMGM and DraftKings are usually at the forefront of new providers.

Each offers an excellent place to make sports bets, but there are key differences between the two. So which is better, BetMGM or DraftKings?

Book BetMGM DraftKings

Welcome Offer πŸ’°

Get a 20% Deposit Match up to $1,500 in Sports Bonus using our code TAN1500

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Bet $5, Get $150 in Bonus Bets using our code ACTION. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Additional terms apply.

Bet at least $5 to earn $200 in Bonus Bets

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9.8/10 See our BetMGM Bonus Code & Review 9.2/10 See our DraftKings Promo Code & Review
Available in πŸ“Œ 21 states and Washington, D.C. 23 states 
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BetMGM vs. DraftKings: Which Sportsbook is Better? New User Details
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Comparing BetMGM Welcome Offer vs. DraftKings Sportsbook Sign-Up Bonus

The first area where online sportsbooks can gain an advantage is through special promotional bonuses. A generous opening promotion can draw customers in and give the operator an edge over the opposition.

BetMGM is offering new customers dual offers: use our code TAN1500 for the Get a 20% Deposit Match up to $1,500 in Sports Bonus (with a 10x wagering requirement in the terms and conditions of this BetMGM bonus offer), or the Bet $5, Get $150 in Bonus Bets offer when using our code ACTION. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Additional terms apply.

At DraftKings Sportsbook, the welcome bonus works differently. After registering for a new account, sports bettors can claim a 20% match on their opening deposit up to a value of $1,000.

It's difficult to assess which of these offers is best. With BetMGM Sportsbook, there is no guarantee that there will be any return, but additional bonus bets just for making a deposit is certainly an attractive offer.

With the DraftKings Sportsbook promotion, there is a guarantee of a bonus, providing customers follow the terms and conditions correctly. However, to claim the maximum figure of $1,000, players would have to deposit $5,000. There is also a 25x rollover attached to the promo.

In summary, the DraftKings Sportsbook deal might be better suited to high rollers, while the BetMGM offer is a good option for less frequent bettors.

BetMGM Sportsbook vs. DraftKings Sportsbook Existing Promos

It’s important to keep rewarding loyal customers who continue to wager on the platform, and one way of doing this is through existing promotions. Both DraftKings and BetMGM lists several deals for those who play beyond welcome bonuses.

Here’s what you can expect from both of these sports betting platforms.

BetMGM Sportsbook Promotions for Existing Customers

BetMGM logo

Lion's Boosts

A Lions Boost is a special enhanced odds deal and around five to 10 of these offers will appear daily. BetMGM will offer unusual combinations, so there might be an odds boost on whether two quarterbacks will throw at least two touchdowns each in a football game.

In a hockey game, two players may be picked, one from each team, and the Lions boost is on both to score at least one goal. With several boosts to choose from each day, this is a popular offer for BetMGM customers.

Odds Boosts 

While this type of offer is similar to a Lions boost, the bets are more straightforward. A typical deal could involve a boost on the LA Galaxy to win a playoff game in MLS. There is value still to be found in regular Odds Boosts from BetMGM.

Bonus Bets

A bonus bet works similarly to the welcome offer for new customers. It offers a refund of free bets if a qualifying bet loses. Bonus bet offers are frequent at BetMGM Sportsbook, and they are often attached to big events such as the Super Bowl, the NBA Finals and the final of the U.S. Open tennis.

Parlay Profit Boosts 

A parlay bet is a multiple selection where two or more outcomes are combined. At BetMGM, there is a regular offer where returns on parlay bets can be boosted. These are issued to customers at random and are a thank you for playing on the platform.

Parlay boosts may also be available for completing certain offers or tasks. They appear randomly, but there is value, so it’s worth looking at the BetMGM offers page for the latest news.

This is a section where BetMGM scores highly. It offers more odds boosts than most sportsbooks, and the levels of enhancement can be generous.

DraftKings Sportsbook Promotions for Existing Customers

DraftKings logo

DK Boosts 

The DK Boost is a simple term for a regular DraftKings Sportsbook odds boost. Before the game, DraftKings lists which odds boosts are available for that day. Bettors will add the selection to their bet slip and tick to claim the enhancement.

DK Boosts can appear daily, and they will increase odds that are already competitive.

Refer-a-friend

DraftKings Sportsbook publishes a refer-a-friend offer that rewards players for introducing new customers to the online sportsbook. Once logged in, there will be a special referral link that the new players will need to use when they sign up.

Both the referrer and the new customer can then earn a bonus bet, and there are three levels as follows:

New customer deposits between $25 and $49: 2x $25 free bet tokens are awarded.

New customer deposits between $50 and $99: 2x $50 free bets are awarded.

New Customer deposits $100 or higher: 2x $100 free bets are awarded

A maximum of five friends can be referred, and the terms and conditions of this, and all offers should be checked in full.

Odd Surges 

An odds surge is similar to the DK boost, but the level of increase can be higher. An odds surge at DraftKings can appear at random for any event, and details are published regularly on the home page.

Parlay Profit Boosts 

Parlay profit boosts are a regular DraftKings feature. Players will not receive them at random, and they can be claimed in the same way as regular DK Boosts.

A parlay boost may often appear when a big event is coming up. For example, DraftKings issued a 50% parlay profit boost on 3-leg multiples for the Champions League soccer final in 2022. The Super Bowl, the Stanley Cup Finals and March Madness might all have parlay boosts.

While DraftKings may not publish as many odds boost offers as BetMGM, it is generous in terms of its ongoing promotions for existing customers. Those frequent Lions boosts may give the BetMGM platform a slight edge here, but the two sites are fairly even after this section.

BetMGM vs. DraftKings: Legal States

BetMGM DraftKings

States where legal πŸ‡ΊπŸ‡Έ

Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming and Washington, D.C.

Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming.

BetMGM vs. DraftKings: What Platforms Are These Sportsbooks Available?

All sports bettors want greater flexibility, and that’s why it’s important to have a betting app in place. A sports betting app is useful for most customers and, for those staking in the live betting markets, it’s essential. 

Customers want to see apps available for:

  • iOS

  • Android

  • Desktop

BetMGM vs. DraftKings Mobile Betting App Comparison

It is essential that an app is quick, and carries the same functionality as the operator’s static site. Customers want to find their markets and bets quickly without any delay.

Here is how the BetMGM Sportsbook app and DraftKings Sportsbook app compare.

BetMGM Sportsbook Mobile App

BetMGM-Sign-Up-App-Screenshots.png

BetMGM’s sports betting app is available for all platforms, so it can be downloaded from the Google Play Store, or other access points, including a QR code which is placed on the operator’s website.

It’s easy to find your way around the BetMGM app and place bets. Customers can use the same login details as the main site, and they can register with the BetMGM Sportsbook app.

Customer reviews have suggested that the interface is quite small, with lots of information on the screen. Others mention that the BetMGM app can drain mobile device memory quickly. These may be small downsides, but the app ranks highly among BetMGM customers.

DraftKings Sportsbook Mobile App

DraftKings-User-Experience-Screenshot...

The DraftKings Sportsbook app is also available for the main platforms, so head to the Google Play store or other outlets for Android Devices. It’s free and can be downloaded onto any device in a matter of seconds.

Reviews show that the DraftKings app is simple to use, and customers can find their betting markets quickly. One of the plus points is the presence of a stats hub, which provides key information and helps bettors make more informed decisions. 

Aside from the stats hub, some criticisms suggest that the DraftKings app is a little basic and more suited to betting beginners. That’s not necessarily a downside, but more experienced customers might want to see greater functionality.

BetMGM vs. DraftKings: Betting Markets

Each sports betting platform should offer bets on all major sports. It’s essential to list odds for core leagues such as the NFL, MLB, NHL and NBA. Without those and other major competitions, no serious sports bettor is going to be interested in signing up.

Prospective new customers want to see those and other big sports, while many will also take an interest in niche events.

Here is a guide to betting markets listed in the Draftkings and BetMGM sportsbook.

  • NFL

  • NBA

  • MLB

  • NHL

  • Boxing

  • MMA

  • Soccer

  • Golf

  • Tennis

  • Motorsports

  • College basketball

  • College football

  • Cricket

  • Cycling

  • Darts

  • Australian Rules

  • Badminton

  • Bandy

  • Handball

  • Rugby

  • Snooker

  • Table Tennis

  • Volleyball

  • Winter Sports

There is an identical set of betting options here with core events included, together with a good selection of niche sports.

The markets cannot be split, so we have to call this section a tie.

BetMGM and DraftKings Bet Types

Anyone involved in the online sports betting industry needs to provide a selection of bets. Most customers like to bet on the outcome of a game, but many will want to consider other options.

Here is a guide to bet types offered by both the DraftKings and BetMGM sportsbook.

Spread

A spread bet is a type of handicap that can be applied to many different sports.

The best way to illustrate this is with an example so let’s say that the Detroit Lions are playing the Las Vegas Raiders in a regular season NFL game.

The Lions may be clear favorites, but we can increase the odds for them to win by applying a handicap. For this example, we’ll say that the spread is -7.5. This means that the Lions would have to win the game by at least eight points to beat the spread and deliver a winning bet.

That is just an example, and there will be different options for handicap spreads across most sports.

Total

Totals bets are wagers on the total number of points, runs, goals, etc. We’ll cross over to soccer for this example, where Los Angeles FA is playing the Vancouver Whitecaps in an MLS game.

The bet here is on Total Goals. Online sports betting operators will list a number of lines from 0.5, 1.5, 2.5, 3.5, 4.5 and up. It’s then up to the bettor to bet over or under one of those lines, depending on how many goals they think will land.

The most common totals bet is on the combined number of points for both teams in a game. There will also be options for each team and specific periods of the game, including halves and quarters.

Moneyline

A moneyline bet is a wager on the outcome of a specific game. All sportsbooks issue moneyline odds and it's the simplest type of bet to understand, so let’s revisit that NFL game between the Detroit Lions and the Las Vegas Raiders.

Let's say the Lions are -150 on the moneyline to win. Using $100 as a standard betting amount, a bettor would have to bet $150 to win $100. If the bettor wants to take the Raiders as the underdog, or at +150, they would have to wager $100 to win $150.

Parlay

A parlay is a multiple bet with two or more selections. It can come in two distinct categories as follows:

Same Game Parlays

A same game parlay takes those selections from the same event. We could be looking at an NHL game between the Toronto Maple Leafs and the Los Angeles Kings. There will be lots of parlay options but, for this example, we’ll be backing the Leafs to win and Over 4.5 goals.

Same Game Parlays+

A same game parlay+ takes two or more selections from one game and combines them with at least one selection for another event. To keep things simple, we’re going to start with that parlay on the Maple Leafs to win and Over 4.5 goals in the game. 

To complete the Same Game Parlay+, we’ll add in the Calgary Flames to beat the Dallas Stars from another NHL game. Lots of different bets can be combined to complete a Same Game Parlay+.

Live Betting

A live bet is a wager on any available bet that is listed after a game has started. For example, in an English soccer match between Liverpool and Manchester United, bettors can bet on the match result, first goal scorer, both teams to score, total goals and much more.

Both DraftKings Sportsbook and BetMGM Sportsbook offer comprehensive live betting coverage, and we’ll take a closer look at them shortly.

Futures

A Futures bet assesses a competition and asks who will win outright. Examples of this exist in all sports, so we could be talking about the winners of the Super Bowl, the Stanley Cup, the World Cup, and the Masters golf tournament.

Many Futures bets involve overall winners, but they can also apply to Conference and Divisional titles. They will appear in advance of the new season and will switch to live betting sections when the campaign gets underway.

This is another section where the two sportsbooks rank highly. However, our research shows that DraftKings offers more choices for international leagues and tournaments outside of the U.S. BetMGM also offers international sports, but DraftKings coverage is wider, and it gets the edge in this category.

DraftKings and BetMGM: Which Platform is Better for Live Betting?

Those who bet regularly on live sporting events report that BetMGM has more betting options than most online sportsbooks. DraftKings offers live betting, but not as many options as BetMGM.

While there is a suggestion of a winner, both BetMGM and DraftKings are good choices for live betting. BetMGM covers more bets, but DraftKings still has a wide set of live betting options when compared to the rest of the industry.

Odds are competitive in each case, so these are solid live betting platforms in each case.

BetMGM vs. DraftKings Competitive Odds Pricing Comparison

Every bettor, whether they are highly experienced or new customers to a sportsbook, will want to see competitive odds. There is no point trusting your account to a bookmaker who is out of step with inferior pricing to the rest of the industry.

No single sportsbook can come out on top every time, but everyone involved in sports betting needs BetMGM and DraftKings to be competitive.

Having tested an extensive list of markets across many available sports, the contest is almost identical. With a significant amount of bets, DraftKings and BetMGM are offering the same odds. When we take things a step further and look at comparisons for other sportsbooks, these are often the best odds for many betting options. BetMGM and DraftKings are rarely, if ever, out of step with the rest of the betting industry.

As mentioned, BetMGM will likely offer more frequent price boosts, but DraftKings’ boosts may offer more value. Overall, it’s a section that's even.

BetMGM vs. DraftKings Banking Options

A range of funding options helps sports betting operators to be flexible and will also open them up to a wider customer base. There is little to split the BetMGM and DraftKings sportsbooks here, with both operators offering the same number of deposit methods.

These are:

  • Credit Card

  • Debit Card

  • Online Bank Transfer

  • Skrill

  • PayPal

  • Play+

  • Apple Pay

  • Cash at Cage

  • Cash at Retail Outlets

Both online sportsbooks offer instant deposits with most methods, together with fast withdrawals. DraftKings Sportsbook is marginally more flexible regarding minimum levels. Customers can get started here with a minimum deposit of $5, while the figure is $10 at BetMGM.

For withdrawals, the minimum amount at DraftKings is between $1 and $15, depending on the method used. At BetMGM, the minimum withdrawal is $20 across the board for online bank transfer, cards, and eWallets.

BetMGM vs. DraftKings Customer Support

All online sportsbooks need to provide fast and efficient customer service options when it’s needed, so how do DraftKings and BetMGM shape up? 

First, we need to look at the options for getting in touch: 

At Draftkings, customers can seek help via:

  • Live Chat

  • Email

  • Online Contact Form

  • Telephone

  • X (Twitter)

At BetMGM, the options are:

  • Live Chat

  • Email

  • Online Contact Form

  • X (Twitter)

So, the only difference between the two is that DraftKings Sportsbook offers a phone support service which is absent at BetMGM Sportsbook. 

In addition, both sports betting sites have a series of frequently asked questions.

The phone option may be useful to customers, so DraftKings narrowly edges this category.

Responsible Gaming on BetMGM and DraftKings Sportsbook

Any online sportsbook needs to provide support when customers feel they have an issue with their betting habits. Responsible online gambling should be a focus for all platforms, with links provided to independent help facilities, along with several tools that players can use themselves.

In the case of BetMGM vs. Draftkings, here’s how the sportsbooks approach this area.

BetMGM has a page on its website dedicated to responsible gaming, and it’s full of tips and useful resources for those who want to keep gambling for entertainment purposes only.

The tools BetMGM has in place are:

Deposit Limits: Customers can log in and set a ceiling on how much they deposit on a daily, weekly or monthly basis. When the limits are hit, players have to wait until the expiration date before they can add more funds.

Spending Limit: Similar to a deposit limit, this is the overall amount that a player can bet on sports wagering daily, weekly or monthly.

Time Management: Customers can set a time limit on the periods that they are online at BetMGM Sportsbook. The period is set in hourly increments from the point that the customer logs in, to when they log out.

Timeout: Those who want to take a complete break from online gambling can set a timeout period. This can last from 72 hours to a full year. Customers will not be able to deposit or place bets, but they will be able to log in and withdraw.

DraftKings Sportsbook's approach is similar. The page on responsible gaming offers advice, together with contact information for organizations. In addition, these are the tools that customers can use:

Deposit Limits: This is the limit on the amount that players can deposit on a daily, weekly or monthly basis.

Spending Limits: Daily, weekly, and monthly limits can also be applied to the amounts that players can wager.

Cool Off Periods: This is a shorter timeout period where players can opt out of the website for periods from 72 hours onwards.

Self Exclusion: This is the timeout period where players can exclude themselves from the DraftKings Sportsbook site for up to a year.

The tools here are almost identical to each other, so this is another tie in the case of BetMGM vs. DraftKings.

BetMGM Casino Brand

BetMGM has been one of the biggest names in the casino industry. Having established several physical premises, it is now one of the most respected online casinos in the industry.

The sportsbook is part of the parent company, MGM Resorts International, which began life as a series of brick-and-mortar casinos in 1986. It has facilities in many cities, which include casinos, hotels, restaurants, bars and other forms of entertainment.

The BetMGM Sportsbook was launched in 2018 when the laws on sports betting were being relaxed in the United States. An online casino is also in place, and is a popular part of the overall BetMGM platform.

DraftKings DFS Brand

Before it added an online sportsbook, DraftKings started as one of the biggest players in the growing Daily Fantasy Sports space. It still provides DFS contests, and this is a great choice for anyone who enjoys the DFS market.

The company was formed in 2012, and it started solely as a Fantasy Sports operator. Like BetMGM, DraftKings also took advantage of legal online sports betting as it established a sportsbook in 2018.

The longer history behind MGM Resorts and the brand as a whole will attract some new customers. Longevity is important, but both DraftKings and BetMGM are established players in the relatively new U.S. sports betting industry, and each is trusted by a huge customer base.

BetMGM and DraftKings Partnerships

BetMGM Partnerships

League Partners

  • NBA
  • NHL
  • MLS
  • MLB
  • NASCAR
  • PGA Tour
  • LPGA
  • Northern Lakes League (Lacrosse)

Teams

  • Arizona Cardinals
  • Baltimore Ravens
  • Denver Broncos
  • Detroit Lions
  • Las Vegas Raiders
  • New York Jets
  • Pittsburgh Steelers
  • Tennessee Titans
  • Philadelphia 76ers
  • Boston Red Sox
  • Detroit Tigers
  • Houston Astros
  • Pittsburgh Pirates
  • Washington Nationals
  • New York Rangers
  • Vegas Golden Knights
  • Kansas City Chiefs

DraftKings Partnerships

League Partners

  • NFL
  • NBA
  • MLB
  • NHL
  • PGA Tour
  • Premier Lacrosse League

Team Partners

  • Baltimore Ravens
  • New England Patriots
  • New York Giants
  • Philadelphia Eagles
  • Pittsburgh Steelers
  • Boston Celtics
  • Charlotte Hornets
  • Detroit Pistons
  • Indiana Pacers
  • Los Angeles Clippers
  • Minnesota Timberwolves
  • New York Knicks
  • Philadelphia 76ers
  • Sacramento Kings
  • Boston Red Sox
  • Chicago Cubs
  • Colorado Rockies
  • Detroit Red Wings
  • Los Angeles Kings
  • Nashville Predators
  • New York Rangers

BetMGM vs. DraftKings Sportsbook Rewards Program

Both sportsbooks have loyalty programs, but how do they differ? In each case, points are awarded for betting on the sports betting platforms or at the live casinos. The main difference is that BetMGM can offer more experiences because of its wider network.

The scheme is called the M Life Rewards Program, and customers earn points throughout their betting journey. Those points can be redeemed for stays and experiences at MGM resorts including the MGM Grand and the Mirage.

DraftKings players earn points which are known as crowns, at the sportsbook and daily fantasy sports platform. When enough points are earned, these can be exchanged for site credits which are known as DK Dollars.

Both loyalty programs are worth following for regular bettors. Most schemes in the industry simply offer free bets, so the DraftKings Sportsbook isn’t alone here. However, for those who are targeting luxury experiences, the BetMGM program is more tempting.

BetMGM or DraftKings: Overall Conclusion - Which is Better?

In the battle of BetMGM Sportsbook vs. DraftKings Sportsbook, the outcome is a close one. Each provides a similar betting experience, and there are small advantages in certain areas.

There are advantages to both operators and many bettors will look to maintain accounts with both the BetMGM and the DraftKings Sportsbook. The first key difference between these two is the welcome offer.

There are a few distinct initial promotions, with BetMGM offering dual promos of a Get a 20% Deposit Match up to $1,500 in Sports Bonus or the Bet $5, Get $150 in Bonus Bets one. Remember that bonus Bbts expire in 7 Days. One new customer offer only. Additional terms apply. With DraftKings Sportsbook, there is also is a 20% bonus on matched deposits with a maximum benefit of $1,000, subject to a 25x rollover. This promotion is better for high rollers, while BetMGM’s deal can be used by anyone.

For ongoing promotions for existing customers, the two online sportsbooks are evenly matched. There may be more sports betting odds boosts with BetMGM, but there is value to be had with both operators.

The choice of markets is similar in each case, although it’s reported that BetMGM Sportsbook offers odds for more niche sports than DraftKings Sportsbook. BetMGM might also be the better option for live bettors, with more in-play markets than most of their competitors.

Odds are competitive in each case, with nothing to split the two sportsbooks in terms of regular value for money.

The infrastructure is almost identical: Both the BetMGM Sportsbook and DraftKings Sportsbook have similar customer service options, and both have proved to be fast and efficient.

Deposit and withdrawal options are also similar, with fast and secure transactions in each case.

In summary, there is no clear winner, and both of these online sportsbooks are used by many bettors and online casino customers.

With its higher rollover terms on the welcome offer for new customers, it could be argued that DraftKings Sportsbook is better for those who bet higher amounts more regularly.

BetMGM might be a better option for those who concentrate on in-play betting, and they also have a longer history, thanks to the MGM Resorts international brand.

Overall, for regular players, there are benefits to both DraftKings Sportsbook and BetMGM Sportsbook, and that is why many will be happy to sign up with each of the two operators.

BetMGM or DraftKings?

Reasons to pick BetMGM:
πŸ“Œ Ideal welcome bonus for players who want to bet big.
πŸ“Œ Rewards program.
πŸ“Œ Easy-to-use app.
πŸ“Œ More player props.
Reasons to pick DraftKings: 
πŸ“Œ Good for those who bet higher amounts.
πŸ“Œ Rewards program
πŸ“Œ Regular user promotions.
πŸ“Œ More coverage on niche sports markets. 
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BetMGM vs. DraftKings: Which Sportsbook is Better? Review Summary
  • Mobile App & Website

    Both sportsbooks offer good mobile app experiences and for high rollers, DraftKings might be a little better. But for regular players these sites are pretty much a draw.

Matt Harris has worked in the iGaming industry for over 10 years, covering campaigns for sportsbooks, casinos and affiliates. He specializes in operator reviews, along with news and opinion articles. When not writing, he’ll always be watching live events and Matt is hoping that the advent of Major League Cricket will help his favorite sport make a breakthrough in the U.S.

More from Matt Harris
BetMGM vs. DraftKings FAQ
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Picking the Best Sportsbooks Online

Many sports bettors have trouble picking which sportsbook to use. For your reference, Action Network experts developed The Best Sportsbook Quiz. Answer a few short questions about your betting preferences, and our quiz will tell you which sportsbooks are best for you. 

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