BetMGM Sports Review
$1,000
| Bonus Offer | 9.5 |
|---|---|
| Odds Variety | 9 |
| Interface | 9.5 |
| Payment Options | 9.5 |
| Customer Support | 8 |
$1000 First Bet Offer Terms:
- Must clear in 7 days
- Available for BetMGM Sports only
- Bet must be qualifying
- Bet must lose
MGM sounds familiar, but BetMGM is what you're really looking for. Whether you are a seasoned or casual bettor, BetMGM Sports meets all your expectations. In fact, it is one of the most complete online sportsbooks.
Whether you are into in-play betting or you want the safety of a cash-out feature, this online sportsbook checks off all the boxes. Get these features and much more, but first, start with the BetMGM Sports welcome bonus offer.
Join me, and I will take you through this detailed BetMGM Sports review. I leave no stone left unturned!
- Free Live Streaming
- Crisp in-play betting
- Boosted parlays
- Easy Navigation
- Shortage of special market odds
- Slow customer support response
BetMGM Sports Welcome Offer
Right now, when you sign-up as a new player to BetMGM Sports, you receive an amazing welcome bonus offer.
Truly, this lucrative first bet of up to $1000 welcome offer is an excellent incentive to try out the BetMGM Sports Betting platform.
How to Claim
To claim your BetMGM Sports First Bet Offer, it is an easy and convenient process:
- Create and register fully a new player account at BetMGM.
- Now, deposit up to $1000 to redeem the deposit matched bonus.
- Earn M Life Tier Credits for real money wagers made.
BetMGM First Bet Offer Terms
- If you claim this offer, you cannot claim other new customer offers at BetMGM Sports.
- Deposit $10-$1000 to claim the offer.
- This bonus is available in BetMGM Sports only.
- The first real money bet must be placed on a sports wager up to $1000.
- The bet must be qualifying; no void bets are allowed.
- If your bet loses, you are eligible for the free bet refund up to a maximum of $1000.
- The free bets are credited in 10% increments of Qualifying Bet.
(If you wagered $600, you would receive 10 x $60 free bets). - Free bets appear within 24 hours of bet settlement in your account.
- Promotion only applies to one person, household, or computer.
- This bonus is valid from 9:00 a.m. EST on 8/21/19 & 11:59 p.m. EST on 12/31/20.
How to Use the BetMGM Free Bet
First, you can wager online via a desktop with a web-based browser or on the mobile app. Most importantly, the Free Bet must be used as a single bet and within 7 days from the time they are credited to your account.
This means that if you want to gain the Free Bet's maximum value, you must wager the whole amount on a qualifying bet. To explain, using our example above of receiving 10 x $60 Free Bets, you need to wager $60. If you wager $40, you forfeit the remaining value of $20 of your Free Bet.
Also, you can’t redeem the Free Bets for cash or towards any other BetMGM games except Sports. Finally, the value of your Free Bet won’t be included in any winnings.
Ongoing Betting Promotions
BetMGM Sports keeps it fresh and exciting for existing players by offering various and new incentives. Look for promotions based on major sporting events and holidays. On a typical basis, BetMGM Sports runs some parlay promotion along with free bets.
While writing this BetMGM Sports review, specific promotions were dedicated to some of the major sports like NBA, MLB, Golf, and even a multi-sport parlay boost.
A great perk of betting with BetMGM is that you can live stream games for free, whether it be European soccer matches, major tennis events, or other top sporting events. Be sure to check your Promotions tab to stay up to date on the most current offers.
If parlay bets whet your sports betting appetite, BetMGM is a top contender as far as online sportsbooks go. On the other hand, these are ongoing promotions, so things are subject to change depending on the year's time.
Sports Betting at BetMGM Sportsbook
Although the BetMGM brand launched in 2019, the operator is already making big waves in the online gaming industry. First, BetMGM is owned by casino and hotel powerhouse MGM Resorts International. Secondly, BetMGM is partnering with some of the most popular sports, such as NASCAR, to bring even more betting options to players.
With such prestige behind the BetMGM name, let’s take an in-depth look at what this online sportsbook really offers.
Featured Sports
Truly, this is a complete sportsbook befitting of being an industry leader. Besides the extensive list of sports below, BetMGM even offers odds on fun events like Nathan’s Famous Hot Dog Eating Contest. For example, in 2020, Joey Chestnut was a massive -1250 to win.
Odds Comparison
| Aug. 19, 2020 | Dallas Mavericks | Los Angeles Clippers | Vig % |
|---|---|---|---|
 BetMGM Sports | +195 | -239 | 4.40% |
 Unibet Sports | +188 | -230 | 4.42% |
 William Hill | +190 | -220 | 3.23% |
BetMGM is a clear favorite compared to Unibet, whereas it lags behind William Hill. This is, again, merely a snapshot of what the odds look like.
There is a reason why people say you bet with the betting site, not with yourself. Don’t hesitate to shop for odds; it’s a free market!
Bet Types
Additionally, BetMGM Sports offers the following types of bets:
- Totals
- Moneyline
- Props
- Point Spread
- Parlay
- Live Betting
- Single
- Round Robin
- Teaser
- Futures
Nothing out of the ordinary here. Both casual and experienced bettors can find what they’re looking for. There’s no need to compare BetMGM’s offer with competitors as most offer the same bet selection.
However, I have to do a more in-depth analysis at the height of the season because there is reason to believe discrepancies will occur.
Cash Out
BetMGM Sports offers early cash out for certain straight and parlay wagers. Should you choose to cash out, some of your potential winnings are collected before the final outcome. Thus, the Cash Out amount will be based upon the live-action at the time you initiate it.
Advantages to the Cash Out feature:
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Keep in mind that the Cash Out feature is not available for all bets. Look for the Cash Out on MY BETS or the CASH OUT section during pregame.
Edit My Bet Feature
BetMGM also offers another great feature called ‘Edit My Bet.’ This feature allows you to change any parlay or straight bet when the Cash Out option is available. Edit My Bet is great for changing your bet during the event. For example, if you feel confident and want to add even more selections or increase your wager, you can do so. Modify your bet by adding, swapping, increasing, or even removing your selections.
Go to ‘My Bets’ on your player account, and if the feature is available, select ‘Edit Bet.’ Make sure to save whatever edits you made, or else the existing bet will remain.
Minimum and Maximum Bet Limits
Interestingly enough, BetMGM Sportsbook does not specify minimum and maximum bet limits or wager amounts.
However, from my experience, it appears the minimum bet amount is $0.50 on each event. Additionally, the maximum payout or payoff on the board parlays is 10,000/1.
In-Play Betting
Bet real-time with live sports betting at BetMGM. In detail, the available odds change during the event depending on what happens in the game. I really enjoy the flexibility in betting coupled with surprising shifts in-game.
The following bets are available for in-play betting:
- Traditional bets
- Prop bets
- Parlay bets
Overall, I highly recommend in-play betting at the BetMGM Sportsbook. The actual design is optimized well, meaning betting in-play is easy to do, and odds refresh quickly.
Live Streaming
BetMGM Sports Betting Mobile App
The BetMGM app is clean, modern, and offers a convenient way to wager or check odds quickly. However, this is not just based on my opinion.
As a testament to how many others enjoy the BetMGM Sports Mobile App, it rates a 4.6 out of 5 with over 1,700 ratings in the Apple App Store.
I really enjoy how you can easily see upcoming, popular, and trending games from the mobile app's home screen. Besides, placing a wager is a simple and easy process. Once you pick the event you want to place a wager on, another screen appears where you can choose your actual type of bet plus the amount. Moreover, the BetMGM Sports Betting Mobile App allows you to see what amount is available on a particular wager plus what results are required to win the bet. Finally, you can also easily find other available bets for the same event onscreen.
I had no problems with the software during testing, which ran smoothly with quick refresh rates to be kept up-to-date on live bets or upcoming events. Thus, I cannot more highly recommend the BetMGM mobile app.
How to Download
- Go to the BetMGM Sports website.
- Download the APK file for the BetMGM app.
- Allow the Install (you might have to change phone settings).
- You can now fund your account and bet with real money!
As a reminder, the Google Play Store doesn't support gambling apps.
Browser-Based BetMGM Sportsbook
I highly recommend the browser-based online betting interface for BetMGM Sports. Overall, the user interface is clean for a responsive and streamlined sports betting experience. The Home section displays much of the upcoming live sporting events. Thus, you can easily find your favorite Top Sports quickly, whether you prefer basketball or rugby.
Easily navigate and place your bets either on your desktop Windows or Mac operating systems. Finally, easily access your BetMGM account information plus promotions or navigate over with just a few easy clicks to the casino games and poker.
Payment Methods and Withdrawal Limits
Betting with legal online sportsbooks, such as BetMGM, guarantees you access to the most convenient payment methods. Most other online sportsbooks offer the same payment methods, but there are some differences between limits and transaction times. The devil is in the details!
In fact, BetMGM does not charge any fees associated with deposits or withdrawals, but your chosen payment processor may.
Keep in mind that the processing time for a withdrawal request may take up to 5 business days. Also, it does not matter what method you choose. Additionally, you need to have used the same deposit method within the previous 180 days.
Finally, if you used a prepaid credit card, you cannot withdraw to that same card. However, you will need to use your bank account for a withdrawal.
Most importantly, there are no withdrawal limits for any of the payment methods below at BetMGM.
| Withdrawal Method | Processing Time |
|---|---|
| VIP Preferred e-Check | 3-5 Business Days |
| PayPal | 3-5 Business Days |
| Borgata Cashier Cage | Instant |
| Skrill | 3-5 Business Days |
| Physical Check in Mail | 14-20 Business Days |
| Play+ Card | 3-5 Business Days |
Featured Payment Method
Truly, the BetMGM Play+ card is fast and easy to set up and manage your online banking needs.
First, log in to your BetMGM account and head to the Deposit page.
Click on the Play+ deposit option and enter your social security number and date of birth. Additionally, your address needs to be correct because your Play+ card will arrive within 10-14 days after funding the account.
| Note: after you enroll successfully online, you will be able to immediately fund your account using either a bank card or eCheck. |
Although BetMGM itself does not charge any transaction fees, Play+ is technically a third party payment processor. Thus, there are some fees associated with funding or withdrawing your Play+ account.
- Bank Card Load: 2.85% of the transaction or lower
- eCheck Load: 2.85% of the transaction or lower
- ATM Withdrawal: $2.00
- Account to Bank Transfer: $2.00
Also, there are daily limits and funding limits. There is a VIP level for higher limits as well.
Legal and Licensed
To recap, BetMGM Sports is legal and licensed in every state that it accepts sports wagers. However, there’s more to just being legal and licensed. In order to maintain their associated license, BetMGM is also regulated and in compliance with the rules and regulations set forth by each state's regulatory division or board.
| BetMGM Sports Company Overview | |
|---|---|
| Parent Company: | MGM Resorts International |
| Software: | Entain, formerly GVC Holdings |
| International Licenses: | Macau |
| Email: | Form Submission |
License Regulator: New Jersey Division of Gaming
License Number: NJIGP 19-001
License Partner: Borgata Hotel Casino & Spa in Atlantic City
License Regulator: Pennsylvania Gaming Control Board
License Number: 115293
License Partner: Hollywood Casino at Penn National Race Course
License Regulator: Colorado Division of Gaming
License: Internet Sports Betting Operator
License Partner: Midnight Rose Hotel & Casino
License Regulator: Michigan Gaming Control Board
License: Online Sports Wagering Pool
License Partner: MGM Grand Detroit
Address: 1777 3rd Ave, Detroit, MI 48226
License Regulator: Nevada Gaming Control Board
Partner: MGM Grand
License Regulator: West Virginia Lottery Commission
License: Sports Wagering Management Service Provider
License Partner: The Greenbrier
License Regulator: Tennessee Education Lottery
License: Sports Gaming Operator Licensee
License Regulator: Indiana Gaming Commission
License: Sports Wagering Vendor
License Partner: Belterra Casino Resort
Address: 777 Belterra Dr, Florence, IN 47020
License: Iowa Racing and Gaming Commission
License: Advance Deposit Sports Wagering Operator Licensee (ADSW)
License Partner: Diamond Jo Worth Casino
Address: 301 Bell St, Dubuque, IA 52001
License Provider: VA Lottery
Overview of BetMGM in the US
Originally launched under the playMGM brand name in 2017, a rebrand was announced in 2019. The BetMGM brand name then expanded to offer casino games and sports betting along with poker. With MGM Resorts International and GVC Holdings forming the subsidiary, Roar Digital, BetMGM is now looking to conquer the regulated online iGaming sector within the United States.
Expansion of BetMGM
Roar Digital has raised two rounds of funding to expand the BetMGM brand name in the online gambling industry within the United States. In detail, BetMGM is close to launching in Michigan and Virginia. BetMGM is accepting sports wagers currently in Pennsylvania as well as Iowa. To date, BetMGM Sports is already accepting wagers in Nevada, Colorado, Indiana, West Virginia, Tennessee, and the Garden State.
Also, MGM Resorts International entered partnerships with Buffalo Wild Wings and Yahoo Sports to bring even more visibility to the MGM brand.
Other BetMGM Products
Responsible Gambling
It should come as no surprise that the BetMGM brand adheres to a high standard and commitment to responsible gambling. From the bottom of the main website, look for sections specifically dedicated to ‘Responsible Gambling’ and ‘Self-Exclusion.’
In the responsible gaming section, you will find information and resources regarding responsible gambling. To explain, BetMGM most highly promotes the principles of self-control and self-protection.
BetMGM gives you control on setting your own limits on betting on a daily, weekly, or monthly basis. Besides, you can set monetary limits for wagers and deposits. Keep in mind, though, that a limit decrease will be immediate. However, the limit increases after you made a decrease request valid after a delay depending on the original request. Finally, you can set a limit on your daily playtime. Again, keep in mind that a delay will apply when increasing a limit after originally requesting a decrease.
For a more serious limitation, you can choose to self-exclude from gambling anywhere from 3 to 180 days. Should you need a more permanent exclusion, you can always physically head into the state-specific regulatory office to exclude yourself from any licensed gambling operator for a period of one to five years.
Loyalty Rewards Program
Previously, there was no loyalty or rewards program for sports betting at BetMGM. However, this recently changed.
Placing sports wagers at BetMGM earns you M Life Rewards Tier Credits. The M Life Rewards Program is the award-winning MGM Resorts loyalty program. Earn your way towards some amazing perks by placing sports wagers. In detail, you may earn discounts at MGM Resorts towards dining, entertainment, or hotel stays. You may also receive more personalized offers and promotions plus dedicated BetMGM sports lines and hotel check-ins.
Please note that BetMGM awards iRewards Points for casino and poker play, but not sports wagers.
Now then, the M Life Rewards earns you tier credits, and this program actually consists of five different tiers. Below, check out the different tiers, along with more details and additional perks. Bear in mind that M Life Rewards and BetMGM may run promotions during the year, such as decreasing the Tier Credits required to jump to different levels. This is why it is important to check your email or log onto BetMGM Sportsbook to be kept up-to-date on the most current available offers.
| m Life Tier | Points Required |
|---|---|
| Sapphire | 0-24,999 |
| Pearl | 25,000-74,999 |
| Gold | 75,000-199,999 |
| Platinum | 200,000+ |
| Noir | By Invitation Only |
Customer Support
For any time that you require customer support, BetMGM customer agents are available 24/7. My recommendation is to first check the ‘Help and Contact’ section on their website. This section is informative, as well as extensive. For example, you can find answers to commonly asked questions or concerns like bonuses, promotions, geolocation, banking, plus other common questions.
Live Chat can be a hit-or-miss experience. To explain, customer support agents sometimes have issues with connections requiring you to repeat your question and start anew with a different agent. Moreover, if you have a more complicated question or issue, you will be required to email support. Thus, my recommendation is to email support for a faster and more immediate response.
Yet, despite the issues mentioned above, customer support at BetMGM is overall polite and friendly. Therefore, I still recommend betting with BetMGM overall despite this issue.
How to Contact
- Live Chat: Accessible from the top right of the website, click on the Chat icon.
- Email: Form Submission on the FAQ pages.
- FAQs: Available on the main site.
- Support Hours: 24/7
Final Verdict
The only real issue I have with BetMGM is customer service. At times, it isn't easy to get responses. Possibly, the slow response time is due to the recent expansion in the BetMGM Sports brand. On the whole, though, this is a fantastic sportsbook with great brand recognition, sleek upgraded software interfaces, a wide variety of odds, including futures and live in-play betting. The cherry on top is that BetMGM is one of the very few sportsbooks to offer live streaming, for free too. Certainly, it is no wonder why I recommend this up-and-up online sportsbook!
The sports betting welcome offer for new customers is quite the treat, as outlined at the beginning of my BetMGM Sports review.
BetMGM Sportsbook Review FAQs
What kind of welcome bonus is available at BetMGM Sportsbook?
BetMGM Sports offers new customers a bonus bets up to $1000 if your first bet loses. This generous promotion offers a worthwhile and valuable incentive to try out sports betting. Once you make a new account at BetMGM Sports and make a real-money deposit, you are eligible for the welcome bonus offer.
Does BetMGM NJ have a mobile app?
Yes, wager on sports conveniently through the highly-rated BetMGM mobile app on iOS and Android mobile devices. To download, head to the BetMGM Sports website. Now, click on the ‘Download' button and follow the instructions. Additionally, the BetMGM mobile app is incredibly highly rated by many users.
Is the BetMGM Sportsbook legal?
BetMGM NJ is fully legal and licensed for players. Currently, BetMGM Sports is available in eight different states. In detail, you can make wagers at BetMGM Sports from New Jersey, Indiana, Colorado, Michigan, Nevada, Pennsylvania, Tennessee, Iowa, and West Virginia. As other states look to legalize online sports betting, expect that BetMGM Sports will launch there as well.
Is PayPal available for banking at BetMGM Sports Betting?
Yes, BetMGM accepts PayPal in certain states for all your banking needs either for deposits or withdrawals. In actuality, PayPal is what I recommend for online gaming. Again, note that PayPal may not be an acceptable payment method in every state that BetMGM is licensed and legal to operate within. For more details, check the Cashier in your account.
Is the BetMGM Sportsbook a legitimate and safe online sportsbook?
BetMGM Sports NJ is legalized, licensed, and regulated by various state regulatory agencies and boards. In detail, BetMGM can accept sports wagers from New Jersey, Indiana, Colorado, Michigan, Nevada, Pennsylvania, Tennessee, Iowa, and West Virginia.
How do I deposit at the BetMGM Sports?
Choose from various payment methods like major credit cards including American Express, Visa and Mastercard, PayPal, Skrill, BetMGM's Play+ prepaid card, PayNearMe, BillPay, or the casino cashier. Note that certain states may not have all the
Specification: BetMGM Sports Review
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