Caesars vs. BetMGM

Caesars vs. BetMGM: Which Sportsbook is better?

They are two big names in sports betting and casino play. Since the United States opened up to legalized sports betting in 2018, both Caesars and BetMGM have been at the forefront of the new online gambling landscape.

In the battle of Caesars and BetMGM, this review will look more closely at each betting site to see if there is a clear winner. Does one platform have an advantage, or are they both closely matched?

Book Caesars BetMGM

Welcome Offer šŸ’°

Up to $1,000 back in bonus bets if your first bet loses - using Caesars promo code ACTION1000!

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

OR

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

Action Network Rating ā­ļø

9.3/10 See our Caesars Sportsbook Promo Code & Review 9.8/10 See our BetMGM Bonus Code & Review
Available in šŸ“Œ 21 states (including D.C.) 21 states
Daily Boosts?  šŸš€ āœ… āœ…
Rewards Program? šŸ’Ž āœ… āœ…
Caesars vs. BetMGM New User Details
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Overview of Caesars vs. BetMGM

Caesars Promo Code/BetMGM Bonus Code: Caesars: ACTION1000; BetMGM: TAN1500 or ACTION

Caesars/BetMGM Welcome Offer:

Caesars - Bonus wager tier credits up to $1,000 if first bet loses.

BetMGM - Get a 20% Deposit Match up to $1,500 in Sports Bonus OR Bet $5, Get $150 in Bonus Bets. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Additional terms apply.

Caesars/BetMGM Promo Requirements:

Caesars

Register for an account, make a bet up to $1,000. If the first bet fails, a first bet insurance refund of $1,000 in site credits will be issued.

BetMGM

Register for an account and BetMGM will match 20%. The maximum amount of sports bonus you can receive is $1,500. There also is a 10x wagering requirement for this offer in the terms and conditions.

Or, you can bet $5 when signing up with our code and get $150 in bonus bets from BetMGM. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Additional terms apply.

Caesars/BetMGM Legal Betting Age

21 in both cases.

Caesars vs. BetMGM: Comparing the New User Promos

The first place to start when assessing any online sportsbook is with the welcome bonus. A generous opening bonus helps an operator to stand out from the competition in a crowded sports betting industry, but do BetMGM or Caesars deliver a more valuable promotion?

Caesars Sportsbook New User Promo

The Caesars Sportsbook promo for new customers offers up to $1,000 in bonus bets. There is a Caesars promo code ACTION1000 required and those bonuses will come back to the customer if their first bet fails to win.

Players must register a new Caesars Sportsbook account, deposit, and make a qualifying bet. If that bet wins, the returns are added to their account balance. If the first bet fails, bet credits up to that $1,000 limit will be issued.

BetMGM Sportsbook New User Bonus

The BetMGM sportsbook new user bonus is a Get a 20% Deposit Match up to $1,500 in Sports Bonus or Bet $5, Get $150 in Bonus Bets. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Additional terms apply.

The BetMGM promo code is TAN1500 or ACTION.

Caesars vs. BetMGM: Which Has the Best Promo Code?

When we look at the welcome promotions for BetMGM and Caesars, we have to say that the BetMGM Sportsbook has the edge in this section. It has a greater maximum value and allows you to get bonus bets simply by making a deposit. It doesn't matter if your first wager wins or loses — you'll get the allocated bonus bets either way.

While we have a winner in this section, it should be noted that both welcome deals are generous among the wider online sports betting industry.

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How to Sign Up for Caesars or BetMGM

The registration process is similar among all online sportsbooks. In the case of BetMGM and Caesars, there are slight differences between the two operators, so here’s how to sign up at each platform.

Caesars Sign Up Process

  1. Head to home page and enter your state

  2. Complete essential information including name, date of birth and contact details

  3. Enter the Caesars promo code ACTION1000 to claim the welcome offer

  4. Click to confirm details and complete registration

  5. Be Prepared to provide ID verification if the sportsbook requests it

BetMGM Sign Up Process

  1. Head to the home page and click on the button marked sign up

  2. Enter required information

  3. Input the BetMGM promo code TAN1500 or ACTION for the welcome bonus

  4. Check details and confirm

  5. Keep ID documents on hand if requested

Caesars vs. BetMGM: Brand Identities

While both the Caesars and BetMGM platforms are successful in online sports betting, the two brands have backgrounds that originated in offline entertainment. Their parent companies were heavily involved in brick-and-mortar casino play, and there are certain similarities between the operators.

Here’s how the Caesars and BetMGM brands evolved.

The Caesars Brand

Caesars Sportsbook can trace its history to 1996 when it was known as Eldorado Resorts. The focus then was on high-quality physical casinos, providing a luxury entertainment experience. 

The casinos can still be accessed today, and there are many to choose from across the United States.

The company changed its name to Caesars Entertainment in 2020, as it began to concentrate more on the online areas of its operations. Legalized sports betting spread across the U.S., and Caesars aimed to be among the market leaders. 

A significant development took place a year later when Caesars acquired Willam Hill, one of the longest-serving and most recognizable betting brands in the world. The sports betting arm of Caesars began to take off from this point, as the operator began to move into many states, as each one opened up to legalized sports betting and digital casino play.

The BetMGM Brand

BetMGM also began with a series of physical casinos, but it can trace its history to 1986. The parent company is MGM Resorts International, and its initial focus was on casinos, hotels, restaurants, and a wider entertainment package.

When the U.S. Supreme Court passed a law that relaxed legislation on sports betting in 2018, the BetMGM Sportsbook was incepted almost immediately. Like the Caesars Sportsbook, BetMGM began to move into many states as it began to allow sports betting, and it now has an extensive network around the country.

BetMGM-User-Experience-Screenshots.png

Caesars vs. BetMGM: Promos for Existing Users

Having started with a generous welcome bonus, all major sportsbooks offer value for customers. Those sports bettors who play regularly will want to see regular promotions for the life of their account.

BetMGM and Caesars have promos for existing users, but which platform is better?

Caesars Existing Promotions

Odds Boosts

Each day on the Caesars Sportsbook app, or website, it may be possible to track down odds boost promotions. These are deals that enhance the regular Caesars' odds of a specific event on that day, and it can increase the figures by up to 25%.

Bonus Bets

These work in a similar way to the welcome bonus at the Caesars Sportsbook. Bonus bets promos often appear when a big event comes along such as the Super Bowl. Customers make a qualifying bet and, if it doesn’t win, they will receive a refund in bet credits.

Parlay Profit Boosts

Another popular promotion, Caesars Sportsbook offers the Parlay Profit Boost which can lift the returns from same game parlays or SG+ winning bets. Terms and conditions may specify that the parlay has to have four or more selections and that the minimum odds should be +400. Check those terms, and take advantage of a promo that will typically offer profit boosts of 33%. In some cases, these can rise to 100%.

BetMGM Existing Promotions

Lions Boosts

The Lions Boost promotion sets BetMGM apart from many bookmakers, although its mechanics will be familiar to many sports bettors. A Lions Boosts is an enhanced odds bonus, and there may be between five and 10 of these deals appearing daily.

These odds boosts refer to a combination of events so, in a big soccer game such as the MLS Cup Final, there might be an enhanced price on prop bets such a player from either team to score at least one goal.

Odds Boosts

These are similar to Lions Boosts, but the betting options are more straightforward and are usually focused on straight bets for a single outcome. For example, using an NFL game, it could be a wager on the Kansas City Chiefs to beat the Philadelphia Eagles in the Super Bowl, with boosted odds on the outcome.

Bonus Bets

The BetMGM Sportsbook also offers a bonus wager promo, similar to the one found at Caesars. These are frequently listed for big sporting events, such as the Stanley Cup, or the FIFA Soccer World Cup Final. Bettors must make a qualifying stake and receive credits as a form of single bonus bet insurance if the stake fails to win.

Parlay Profit Boosts

Profit boosts can apply to a same game parlay or to an SGP+. At BetMGM, those can be issued at random and sent to a customer’s inbox as a thank-you for playing. Parlay profit boosts may also be awarded if a player completes specific tasks, such as using up other offers. They are random deals, but they can be valuable when they arrive.

Who Has the Best Existing Promos: Caesars or BetMGM?

The existing promotions provided by BetMGM and Caesars Sportsbook are similar in many ways. Both offer price boosts on single bets, profit boosts on parlays, and bonus bets across the sporting calendar.

Customers of both sportsbooks have suggested that the BetMGM odds boosts may be more regular and more generous, but there is little to split the two betting sites here.

Caesars vs. BetMGM Mobile App Experience

A mobile betting app offers flexibility for customers, and, for those who enjoy live betting, having access to the markets on your mobile device is essential. Both BetMGM and Caesars publish apps for their customers to use, but which of them provides the best experience?

DraftKings logo

Caesars App Review

The Caesars sports betting app is available for all major software platforms, including iOS and Android. It can be downloaded from the usual areas including the Google Play Store. 

When you first log on to the app, you could be met with quick picks, a selection of parlay options selected by the sportsbook. If you don’t want to bet on these, it’s easy to close them and find your way around the markets.

Users state that the Caesars app is fast and simple, which are the best qualities users can hope for.

Pros

  • Available for all major software platforms

  • Easy-to-use interface

  • Excellent speeds

Cons

  • Default to ‘quick picks’ is not helpful for many players

BetMGM App Review

BetMGM logo

BetMGM customers can also use their BetMGM sports betting app on the iOS and Android platforms. It can be downloaded in seconds, and finding your way around to settle on your favorite markets is easy.

As a possible downside, some users have reported that the BetMGM app is a little slow compared to Caesars and other online sportsbooks.

Pros

  • Supported by all major platforms

  • Can be used for sign up process

  • Fast and simple to use

Cons

  • Can be slow to load

Which App is Better: Caesars vs. BetMGM

There is little to divide the sportsbooks here. Both BetMGM and Caesars apps are functional, and the downsides to either one are minor. In this section, we’re going to call it a tie.

The Pros and Cons of Caesars vs. BetMGM

We’ve seen some similarities and key differences between the Caesars Sportsbook and BetMGM Sportsbook, so we’ll now have a quick round-up of the pros and cons of each platform.

Caesars Sportsbook Pros

  • Excellent welcome offer

  • Great choice of betting markets

  • Superb rewards program

  • Most competitive odds on many sports

Caesars Sportsbook Cons

  • Fewer banking options

BetMGM Pros

  • Competitive welcome offer

  • Wide choice of bets

  • Great value ongoing promotions

  • Competitive odds

BetMGM Cons

  • Fewer niche sports

Rewards Programs for Caesars vs. BetMGM

Both Caesars Sportsbook and BetMGM Sportsbook have rewards programs that can add extra benefits to regular sports bettors. Is there a clear winner in this section? Let’s compare the BetMGM and Caesars rewards programs to find out.

Caesars Rewards Program

The Caesars loyalty program has six levels. Everyone can become involved and earn points every time they wager at the online sportsbook or casino.

At the lower levels, customers can exchange those points for bet credits.

Those who like to aim higher could enjoy some luxury packages, because of Caesars rewards and an extensive network. Discounted meals, hotel stays at Caesars Palace among other locations, and other entertainment deals are on the table.

BetMGM Rewards Program

The loyalty program at BetMGM is known as M Life. As customers place bets or wagers at the online casino, they earn MGM rewards points. When they have collected enough points, these can be redeemed for exciting rewards.

Because of the wide network, MGM rewards points can offer great incentives such as hotel stays and other entertainment packages at top-class MGM resorts, including the Mirage and MGM Grand.

Which Rewards Program is Better: Caesars or BetMGM?

There are obvious similarities between the two reward points programs. Because the Caesars and BetMGM brands have roots in the casino and entertainment industries, each can pass on great reward packages to customers.

If there is a narrow winner, we could argue that the Caesars loyalty program is more flexible as it offers free bets at lower levels, but this is another section where these major sports betting platforms are closely matched.

Caesars Legal States

BetMGM Legal States

Caesars vs. BetMGM Betting Markets

A sports betting market relates to an event that a sports bettor can bet on. Every online sports betting operator will list the sports that it quotes markets for, and they are all similar. Within those major sports, markets extend to cover the biggest leagues around the world.

For example, sportsbooks targeting U.S. bettors will be sure to cover core sports such as hockey, football, basketball, and baseball. Their coverage will include the big leagues - NFL games, NHL, NBA and MLB.

Here’s what we can expect from our two competing betting platforms.

Caesars Sportsbook Betting Market

The available sporting markets at the Caesars sportsbook are:

  • NFL

  • NBA

  • MLB

  • NHL

  • Boxing

  • MMA

  • Soccer

  • College Sports

  • Australian Rules

  • Cricket

  • Cycling

  • Darts

  • Golf

  • Handball

  • Lacrosse

  • Horse Racing

  • Motor Sport

  • Softball

  • Table Tennis

  • Tennis

BetMGM Betting Market

Over at the BetMGM sportsbook, customers can place sports bets on:

  • NFL

  • NBA

  • MLB

  • NHL

  • Boxing

  • MMA

  • Soccer

  • College Sports

  • Australian Rules

  • Cricket

  • Cycling

  • Golf

  • Handball

  • Lacrosse

  • Horse Racing

  • Motor Sport

  • Table Tennis

  • Tennis

The two lists are almost identical. The one exception is with Caesars, who quote for more niche sports, including darts and softball.

Caesars vs. BetMGM Payment Options

Having a comprehensive list of payment options can help sportsbooks to build up their customer base. Using a specific method can come down to personal preference, so what banking choices are available at BetMGM and Caesars?

Caesars Cashier Process

Caesars Sportsbook deposits can be made using the following methods:

  • Debit Cards

  • Credit Cards

  • Online Banking

  • Bank Transfer

  • PayPal

  • Skrill

  • In Person at sports halls or casino cages

  • PayNearMe

  • Venmo

  • ECheck

  • Play+ Card

The process for deposits and withdrawals is simple, and full instructions are shown on the cashier’s page. All deposits should hit your betting account instantly, while withdrawals can take up to 48 hours, but may be quicker.

Caesars Entertainment does not charge for transactions, but customers should check with the provider to see if any fees are applicable.

BetMGM Cashier Process

The BetMGM Sportsbook offers the following funding providers: 

  • Bank Cards

  • Online Banking

  • PayPal

  • Venmo

  • Apple Pay

  • Play+

  • eCheck

  • PayNearMe

  • Cash in person

Caesars and BetMGM funding methods are almost identical and the processing is similar. Deposits should be instant, while withdrawals may take up to 48 hours. The funding provider will only make any charges involved, not Caesars Entertainment.

Caesars vs. BetMGM Conclusions

There are similarities between the two sportsbooks, while BetMGM and Caesars are different in some areas. Of those differences, the biggest lies in the welcome offers for new customers. The two deals offer bonus credits for new users, but the BetMGM promo can rise to $1,500 while Caesars offers a potential $1,000 in bonus bets to new users.

In all other areas of this BetMGM sports betting app and Caesars Sportsbook comparison, the two sportsbooks are evenly matched. The existing promotions are similar, the list of markets is strong, the apps are both excellent additions to the platform, and the BetMGM and Caesars rewards program each has many benefits.

Overall, in the BetMGM vs. Caesars showdown, the operators compare strongly with all other providers in the online sports betting industry, and that’s why both would be good betting options for all sports bettors.

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Caesars vs. BetMGM Review Summary
  • Mobile App & Website

    Both sportsbooks offer bettors with great options. About the only difference is the welcome offer and BetMGM's is slightly better at this time.

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.

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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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