BetMGM Sports NJ Review – $500 Risk Free Bet

Claim $500 Welcome Bonus

Sign up and make your first deposit up to $500, download the app and place your first bet. Once your first bet is settled, you'll be rewarded with free bet up to the value of your first bet.
Bonus
  • To claim this Sports Promotion, you must deposit a minimum of $10 in to your account and place, as your first real money bet after opening your account, any sports wager. Only the first $500 of the first wager are eligible for this promotion.
  • A bet will not be considered a Qualifying Bet for the purposes of this Sports Promotion if for any reason it becomes Void.
  • On placing your Qualifying Bet, if your bet loses, you'll become eligible to risk-free, free bets back up to $500.
  • Maximum eligible free bet back (upon loss of first sports bet) for this wager is $500.
  • If your Qualifying Bet loses, you'll receive free bets back in denominations of 10% of the total number of free bet earnings you're eligible for.
    • Example 1: If you deposit $500 and place a $500 wager and this wager loses, you'll receive $500 in free bets.
      • The free bets will be broken down to ten (10) $50 free bets
    • Example 2: If you deposit $250 and place a $250 wager and this wager loses, you'll receive $250 in free bets.
      • The free bets will be broken down to ten (10) $25 free bets
  • All free bets will be automatically credited to your account within 24 hours of the end of the event.
  • Free bets are limited to one per person, household (IP address) and/or computer
8.8Expert Score
BetMGM Sports NJ - A Powerful New Sportsbook

While one of the new kids on the block, BetMGM is certainly up there with one of the best sportsbook launches in NJ. With a sweet weekly bet club and an awesome $500 matched bonus, we're very excited about this brand.

Welcome Bonus
9
Markets
8
Mobile
10
Payment Methods
8
Customer Support
9
Positives
  • Solid odds
  • Plenty of betting options available
  • Fantastic $500 risk-free bet
  • Awesome customer support
Negatives
  • Mobile app could be a little easier to use

BetMGM Sportsbook NJ - $500 Free Matched Bet

BetMGM, like the majority of new online sportsbooks in NJ, is offering a relatively generous welcome bonus for all new customers which comes in the form of a $500 risk-free bet.

If you're unfamiliar with risk-free bets, the concept it relatively simple — you are able to deposit up to $500 with BetMGM sportsbook and place your first bet up to this value also; if your initial bet loses then you will be rewarded a free bet token at the same value of your first bet. This can be used on any market, within any sport, within the BetMGM Sportsbook portfolio.

We think it's a pretty fair way to get your foot through the door at BetMGM Sports. If you're not a confident sports bettor, then you can place a $20 bet for the first time and, if it doesn't come off, you'll get another shot. For experienced bettors, the BetMGM NJ welcome bonus allows you to mitigate some of the risk when it comes to your more high value bets.

How to claim your BetMGM welcome bonus:

But of course, it's all well and good knowing how the risk-free bet works, but how do you claim the bonus? Well, it's simple — check out these easy to follow steps below:

  1. Click on any link on this review to head to BetMGM Sports NJ
  2. Sign up as you would any online sportsbook or casino — there is usually a simple way to do this either on a special promotional page, or in the top right-hand corner.
  3. Register a payment method (more on those further into the review).
  4. Deposit up the value of $500.
  5. Place your first bet — fingers crossed!
  6. If it loses, wait patiently and your risk-free bet credit will be in your account within 24 hours.

Of course, there are important terms and conditions to take into account when taking advantage of this awesome risk-free welcome bonus. Please see below for a quick summary of the important terms you need to know:

  • Firstly, this bonus is available up until the 31st December, 2019 (we'll keep you updated on whether this is extended or not).
  • You have to be a NJ resident. There's no getting around that.
  • The minimum you can deposit to claim this bonus is $10.
  • The free bet ‘refund' will be broken down into 10 individual free bets if your refund is $500 (10 x $50 free bets — which is a nice perk).
  • Free bets are limited to one per household.
  • To claim this Sports Promotion, you must deposit a minimum of $10 in to your account and place, as your first real money bet after opening your account, any sports wager. Only the first $500 of the first wager are eligible for this promotion.
  • A bet will not be considered a Qualifying Bet for the purposes of this Sports Promotion if for any reason it becomes Void.
  • On placing your Qualifying Bet, if your bet loses, you'll become eligible to risk-free, free bets back up to $500.
  • Maximum eligible free bet back (upon loss of first sports bet) for this wager is $500.
  • If your Qualifying Bet loses, you'll receive free bets back in denominations of 10% of the total number of free bet earnings you're eligible for.
    • Example 1: If you deposit $500 and place a $500 wager and this wager loses, you'll receive $500 in free bets.
      • The free bets will be broken down to ten (10) $50 free bets
    • Example 2: If you deposit $250 and place a $250 wager and this wager loses, you'll receive $250 in free bets.
      • The free bets will be broken down to ten (10) $25 free bets
  • All free bets will be automatically credited to your account within 24 hours of the end of the event.
  • Free bets are limited to one per person, household (IP address) and/or computer

Betting Markets available at BetMGM Sports:

As with any news sportsbook, their range of markets and odds offered is never as comprehensive as an established sportsbook — such as William Hill NJ for example. But, that's not to say we're disappointed with what BetMGM has to offer. Their top sports — denoted by their top sports menu on the right hand corner — seem to be football, basketball, NHL, MLB, soccer, tennis, golf and MMA. This is quite a nice suite of markets on offer, but nothing out of the ordinary. On further investigation, we found the typical odds offered are moneyline, spread bet, totals, super spread and super total bets — when it came to NFL betting, that is. Soccer betting provided more opportunity to bet on individual elements of the game, such as correct score, team to advance to the next round, number of goals, number of cards show — but this is pretty normal, and is the main reason soccer betting is popular across Europe. Ultimately, we're pretty impressed with what BetMGM has to offer sports-wise and we're excited about what they can offer in the future. 

BetMGM's Online Software — Simple, Sleek and Fast!

Being a reputable and popular online casino in NJ for many years now, BetMGM has been able to piggy-back off that to launch their sportsbook in a relatively efficient way.

Much like their casino website, their platform is smooth, simple to use and is perfectly approachable from a beginner's perspective. On the left-hand side of the screen you will find their ‘popular' and ‘top sports' sections, which host the main betting markets in the US. To get the latest odds available on the NHL, you simply have to click from within that menu and they're brought up on page straight away.

Popular sports are also offered across the top menu as well, which might seem like over-kill, but due to the fact that many Americans aren't used to online sports betting, it's important that they have access to odds in as many ways as possible. Alongside the top menu bar you will find the odds boosts, which are enhanced odds on specific events. You will also find the promotions section available in this menu also. 

In regards to the appearance of the website, it falls in line with their casino platform and uses the neutral palate of grey, beige and white — and while this might seem like a boring set-up, the relatively stress-free appearance (which when compared to Harrah's website is welcome addition), makes for a more relaxed online betting experience. 

BetMGM Sports Mobile App — Play on the Go!

BetMGM Sportsbook NJ offers a mobile app for both iOS and Android device owners — all you need to do is go to your respective app store and search for ‘BetMGM sports'. Again, the mobile app incorporates all that you would expect from a mobile sports betting app, providing you with a quick and simple way to access NJ sports betting odds for a wide variety of both American and US pastimes. To access the mobile sportsbook app for BetMGM, you need to make sure your device is relatively modern — we're saying an iPhone 6 or a Samsung Galaxy S6 at a minimum, although the app may work on older devices if kept up to date with the latest software.

BetMGM Sports Payment Methods -- A Wide Variety of Banking Options

As you would expect form a popular online casino in NJ, BetMGM Sports has incorporated all the of payment methods available on their casino platform into their sports betting website. The most popular methods include:

  • Visa
  • MasterCard
  • PayPal
  • PayNearMe
  • Play+
  • Skrill

Of course, you can deposit in cash via the Borgata casino cage — but the above options should be good enough to get you started. 

In regards to withdrawal and deposit limits, the minimum deposit you can make with most payment options is $10 — while withdrawal is again $10 on average, but can be most if you choose wire transfer, so speak to the cashier first. 

PayNearMe vs Paypal

Deposit Limits
$500
VS
$500
Withdraw into same account
VS
Use cash
VS
Fees
VS
Deposit times
Instant
VS
Instant
Withdrawal times
N/A
VS
Up to 5 days

How to Deposit & Withdraw at BetMGM Sports

Both depositing and withdrawing funds into your BetMGM account is relatively simple — just head to the cahier and select your payment method. PayPal is arguably the easiest way to manage your funds at BetMGM — it allows you to deposit with a wide variety of other payment methods linked to your PayPal account; gives you the added extra security through PayPal's payment protection; and also accepts withdrawals from BetMGM. Overall, banking is super simple at BetMGM.

BetMGM Sports' VIP and Loyalty Scheme

From what we can tell there is no typical VIP scheme available at BetMGM sports, but they do offer something cool called the Money Monday Club — which is similar to Sky Bet's Free Bet Club in Europe. By placing $50 or more of bets over the course of the week — which is pretty common for most bettors who partake in sports betting seriously — you will be rewarded with a $10 free bet. And while this might not sound like much on the surface, if you did place $50 of bets over the week, you're getting a 20% rakeback, which is pretty difficult to find anywhere you bet. Of course, the rakeback here isn't physical cash, but a free bet token — but still, you can't really complain at that. Otherwise, if that doesn't interest you, then BetMGM doesn't offer anything else in the way of VIP bonuses.

Is BetMGM's Sportsbook Safe, Secure & Trustworthy?

When it comes down to it, the answer is yes — BetMGM is a safe and secure sportsbook. Backed by the DGE (the licensee and regulator of all sportsbooks and casinos in NJ), BetMGM Sportsbook is legally allowed to operate within NJ state borders. By getting DGE approval, the casino has to live up to a number of standards expected upon them — such as protecting potentially problem players, securing all deposits and ensuring the safety of customer information. If you're ever concerned about whether or not an operator in NJ is legal, then simply scroll to the bottom of the webpage and check of the DGE logo, or head to the DGE's website and check the domain against their records. Furthermore, BetMGM is secured by the latest SSL technology, which means that all communications between your web browser and the website's server are encrypted. This is important for all websites which take payment information and is a further obstacle for anybody who woudl potentially steal your information. BetMGM basically secures their website to the best of their potential.

BetMGM Sportsbook Customer Support

The great thing about BetMGM Sportsbook is that they offer the same high quality customer support as their casino platform. Here's how you can contact their support

Of course, this is what you would expect from such a large brand, but it's not a dead cert. We found customer support to be friendly, efficient and more than happy to help with even the most basic of queries.

With a wide variety of ways to contact customer support, we're happy to announce that we're confident your experience with BetMGM is backed up by a solid customer support team.
8.9Expert Score
BetMGM Sports - Highly Recommended

Offering what is probably one of the biggest matched bet bonuses, alongside a pretty sweet weekly bet club, BetMGM Sports NJ is going to be up there with the best.

BetMGM Sportsbook NJ FAQs

As we mentioned previously, BetMGM Sportsbook is backed up by the DGE — which means it's had to go through rigorous requirements to become legal. So, yes, BetMGM Sportsbook is certainly legit.

PayPal. We're seeing this across most sports betting websites in NJ. It's quick, simple and extremely secure. We highly recommend using PayPal for sports betting in NJ.

BetMGM NJ offers a solid variety of betting markets — but the most popular are NFL, NBA, MLS, MLB and Ice Hockey.

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