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BetMGM Sportsbook Review

Intro to BetMGM


BetMGM was born out of MGM Resorts International, which has been a big name in American gambling for over 30 years. They joined the sports betting fray in July 2018, launching their sportsbook app in New Jersey a month later.


They’re contenders for the top of the market in terms of revenue generated, and a November 2021 deal with the Madison Square Garden Company has them slated to get more exposure.


BetMGM Sportsbook: Top 5 Features


  1. Live-streaming on app and website

  2. NFL Overtime Insurance

  3. Large range of sports

  4. Easy Parlay function

  5. Can get up to $1,000 through referrals


BetMGM Sportsbook Pros And Cons


Pros:

  • Easy access to casino and poker

  • Many deposit options

  • User-friendly website and mobile app

  • Trustworthy

  • Daily odds boost

Cons:

  • Withdrawal speed is nothing special

  • Poor customer service

  • Low max bets on odds boosts


BetMGM's Bonuses, Promotions, Contests, and Odds Boosts


BetMGM has a host of promos, contests, and more available to new and existing customers.


New User Bonus


First-time customers receive a risk-free bet from BetMGM, up to $1,000.


It works where the first wager you place with BetMGM, between their minimum of $0.50 and $1,000, will be refunded as a free bet if it loses. If it wins, you keep the money from the bet.


This bonus isn’t available in New York.


King of the Weekend


This is a free-to-play game that BetMGM runs during the NFL season. BetMGM picks five games each week, and players have to pick the six highest-scoring teams in the correct order.


The grand prize for correctly getting all six teams ranked properly is $50,000, split between any winners. The highest scorers of the week also get $1,000, even if they don’t win the grand prize.


Money Monday Club


The Money Monday Club is available to all BetMGM users. They reward those who opt-in with a $10 free-bet bonus every week if they wagered at least $50 the previous week.


Referral Bonus


Having a friend use your specialized invitation to join BetMGM can net you $50, up to $1,000 total. They have to make an account through your referral, put a deposit down, and wager at least $50 through their account. Each person who does that nets you a $50 bonus.



Which states is BetMGM Sportsbook legal in?


BetMGM has opened in a number of the eligible states along with the nation’s capital:



These four states could get BetMGM soon:


BetMGM Sportsbook: What Sports You Can Bet On Legally Using BetMGM?


BetMGM has a massive selection of sports compared to some of its competitors.

Other sports pop up when major events are available, including:

  • Badminton

  • Biathlon

  • Handball

  • Pool

  • Snooker

  • Table tennis

  • Volleyball

  • Water polo


BetMGM Sportsbook User Experience, Ratings, & Reviews: Website & Mobile App


Outside of an inconsistent Face ID performance for logging on, the BetMGM app is extremely solid. Their search functionality, speed, and design make finding and placing bets on games a simple process. Their website is among the best, with regards to the same, while their app gets generally positive reviews.


One consistent complaint throughout is that their customer service is among the worst across all sportsbooks. They have no phone number dedicated to customer service, and their live chat is difficult to find on every platform.


BetMGM - History, Background, and Founders


MGM Resorts International and Entain Holdings, which is based in London, partnered and created BetMGM. In 2018, BetMGM was officially born, and Adam Greenblatt was named CEO a few months later in October.


They’ve rapidly grown as major players since then, striking a large number of partnerships with big companies and leagues. This list includes Buffalo Wild Wings, Yahoo Sports, NBA, NHL, MLB, New York Rangers, Pittsburgh Steelers, Boston Red Sox, and many more.


BetMGM Sportsbook Contact Information


Again, they have no phone number to reach if you’re looking for customer support. They have a live chat on their website and app, but they’re inconvenient.


They have a Twitter: @betMGMsupport


They also have a dedicated email for every state they’re open for responsible gaming. (insert state initials here)@betMGM.com


BetMGM Sportsbook: Security, Licenses & Certifications


BetMGM has been active in US gambling for decades, now holding licenses in over 15 states to operate their sportsbook. There may not be a more secure or legitimate sportsbook available on the market than BetMGM.


BetMGM Sportsbook: How does it fare among other sportsbooks?


With a nickname like “The King of Sportsbooks,” BetMGM has a lot to live up to. The company has worked hard to defend that crown.


Although the customer service is horrendous, everything else is worthy of the moniker. It’ll be hard to find a sportsbook that combines ease, options, and security in one package like BetMGM does.


How long does it take BetMGM to give you your winnings?


BetMGM winnings can be withdrawn and available to customers anywhere between one business day to one week. Each method takes a different amount of time, but they aren’t any slower than standard.


BetMGM Deposit & Withdrawal Options


As a major sportsbook, BetMGM has plenty of ways to deposit money:

  • Online Banking

  • Debit/Credit Cards

  • PayPal

  • MGM Rewards Mastercard

  • e-Check

  • PayNearMe

  • Wire Transfer

  • PlayMGM Play+ Card

  • PromoCode

They also offer many ways to withdraw:

  • Online Banking

  • Instant Banking

  • Visa

  • PayPal

  • VIP Preferred

  • Play+ Prepaid Card

  • Check through the mail (only in New Jersey)


Top 3 Sportsbook Alternatives To BetMGM


  1. FanDuel

  2. Caesars Sportsbook

  3. DraftKings



BetMGM Sportsbook Review Conclusion & Takeaways


BetMGM is a proven sportsbook that will have almost anything you’re looking for in terms of sports betting. The free games they offer and easy casino access only prove that they are great not only as a sportsbook but for all iGaming.


They are a few bug fixes and a massive customer service overhaul away from arguably being the undeniable leader in sportsbooks. The only problem is that those are the types of frustrations that could easily deter growth.


BetMGM Sportsbook FAQs


Is BetMGM legit?


Yes, BetMGM is as legitimate as they come for sportsbooks.


Can you really win money on BetMGM?


Yes, the money wagered and won is all real currency. The same applies to their casino and poker rooms.


What states banned BetMGM?


BetMGM isn’t specifically banned by any state but is illegal in states that haven’t legalized gambling yet.


Which is better BetMGM or FanDuel?


There is no clear-cut way to declare a sportsbook better than another because it always boils down to personal preference. The best way to decide is to ask peers with experience or try both.


Is BetMGM casino legit?


Yes, the BetMGM casino is the real deal and has been for a long time.


Do you need a promo code for BetMGM?


No, while they have redeemable promo codes, a promo code isn’t necessary to register, deposit, or claim the new user bonus.


How do I get my money out of BetMGM?


There is a slew of withdrawal options, so the choice is yours based on what they have available.


Who has won the most money on BetMGM?


It’s impossible to say which one person has won the most, but BetMGM does have a list of massive sports betting wins.


How do I check my BetMGM results?


The “My Bets” section of BetMGM tracks any wagers you’ve made.


Do you get a welcome bonus at BetMGM?


Yes, BetMGM offers new customers a risk-free bet of up to $1,000 as a welcome.