BetMGM Sportsbook Review - Apr 2024

BetMGM Online Sportsbook is a leading choice among sites and apps for US sports betting. It's a joint venture between MGM Resorts and Entain. As you'll find out in this BetMGM Sportsbook review, it is available in 20+ states and offers a top betting experience. Some features include early cash-outs and live streaming on both its website and app.

BetMGM sportsbook is currently offering a welcome bonus for new bettors. All new sign-ups get Up To $1500 in Bonus Bets if Your First Bet Loses. These bonus bets will become available whether your original bet wins or loses. 

BetMGM Sportsbook Welcome Offer

Bonus Amount:	🎁 Up To $1500 in Bonus Bets if Your First Bet Loses 🎁
Bonus Code:	GAMBLINGCOM
Player Eligibility:	New players only, ages 21+
Start Date:	March 11, 2024
Expiration Date:	August 12, 2024
Minimum Deposit:	$10
Eligible States:	AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NJ, NC, OH, NV, NY, PA, TN, VA, WV & WY

* Please Note that while BetMGM Sportsbook is also available in NY & MS, the welcome offer details may vary. To check out the welcome offer in any of these states, please visit the BetMGM sportsbook website through this link .

 

 Find Your State-Specific Review and Exclusive Offers

• Arkansas - BetMGM AR Sportsbook Review
• Illinois - BetMGM IL Sportsbook Review
• Kentucky - BetMGM KY Sportsbook Review
• Louisiana - BetMGM LA Sportsbook Review
• Maryland - BetMGM MD Sportsbook Review
• Michigan - BetMGM MI Sportsbook Review
• New Jersey - BetMGM NJ Sportsbook Review
• New York - BetMGM NY Sportsbook Review
• North Carolina - BetMGM North Carolina Sportsbook Review
• Ohio - BetMGM OH Sportsbook Review
• Pennsylvania - BetMGM PA Sportsbook Review
• Vermont - BetMGM Vermont Sportsbook Review

BetMGM Sportsbook Key Facts

Established Since:	2019
Reputation:	Highly reputable and trusted brand
Availability:	20+ US States (with more coming)
Payment Methods:	Both cards and e-wallets accepted
Customer Support:	24/7 Live Chat
Licensing:	Licensed and regulated
Live Betting:	Available for the majority of sports
Loyalty Program:	MGM Rewards
Sportsbook App Rating:	⭐⭐⭐⭐⭐
Other BetMGM Apps:	BetMGM Casino App, BetMGM Poker App

PROS & CONS

 

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BetMGM Sportsbook Promo Code

BetMGM Sportsbook is well-known for its wide range of betting promotions for both new and existing members. We’ve reviewed the BetMGM promo code that is part of the welcome deal, as well as their available ongoing bonuses, special offers, and rewards program.

 

BetMGM Sportsbook Welcome Bonus

Sports bettors who sign up to the BetMGM Sportsbook will all be able to claim their “Up To $1500 in Bonus Bets if Your First Bet Loses” promotion using code ‘GAMBLINGCOM’. To qualify, you’ll need to place a minimum deposit of $10 and wager that at standard odds. BetMGM Sportsbook will then award you with six $25 bonus bets regardless of whether you win or lose.

 

Welcome Bonus Terms and Conditions

It’s important to read the full terms and conditions for the welcome offer on the BetMGM Sportsbook app or website. However, we’ve provided some of the more important terms below:

• Must be new BetMGM Sportsbook users making their first bet.
• Participants must be at least 21 years old and located in a state where BetMGM offers online sports wagering.
• A minimum deposit of $10 is required into the BetMGM Sportsbook account, and a qualifying wager of at least $5 at standard odds.
• BetMGM reserves the right to verify eligibility and refuse participation based on wagering history.
• Accounts previously closed, suspended, marked as fraudulent, or in cool-off status are ineligible.
• Participants claiming this offer cannot receive any other welcome or 'New Customer' sports promotion offer.
• The Promoter reserves the right to change or end the promotion for legal or regulatory reasons.

 

BetMGM Sports Promotions for Existing Players

• BetMGM Refer A Friend

  The BetMGM Refer A Friend promotion offers bonuses to both you and your friends who sign up and meet wagering requirements for sports betting.. Available from January 1 to December 31, 2024, with a limit of 20 referrals per month.

• Multi-Sport Parlay Boost

  For example: A three-leg parlay with two college football moneylines and one NFL moneyline might have odds of +400 and a potential payout of $500 (including stake) on a $100 bet. With a Multi-Sport Parlay Boost of 25%, the odds are now +500 and the potential payout is $600 (including stake).

• Boosted Odds

  An Odds Boost will increase the potential payout of your bet. For example: The potential payout on a $100 bet with +100 odds is $200 (including stake). With a 25% odds boost to +125, the potential payout increases to $225.

• Bonus Bets

  For example: You could stake $25 in Bonus Bets on the New York Mets’ run line (-1.5 at +125 odds). If the Mets don’t cover, you don’t lose any money because you bet with Bonus Bets. But if the Mets cover, you win $56.25 (including stake).

• Same Game Parlay Insurance

  For example: If your $20 five-leg Same Game Parlay misses by one leg, you could receive the stake back (up to $25) as Bonus Bets. The Bonus Bets could then be used on other NCAAB odds or another sport.

• MGM Resorts Discounts

  BetMGM players can get exclusive discounts at MGM Resorts in Las Vegas.

• NBA SGP Insurance

  Basketball fan? Love the thrill of parlays? Looking for the best NBA betting sites? Minimize the sting of near misses with BetMGM's NBA Same-Game Parlay Insurance Token. Activate your new user offer and head to the promotions tab. This limited-time perk gives you a bonus bet up to $10 if your qualifying same-game parlay with 3+ legs and +400 or higher odds loses. Use your bonus bet on any game this week, across any league! Don't wait! Lock in your welcome bonus with code GAMBLINGCOM and place your first $5 NBA bet. Let the excitement begin!

• Fast Break Free-to-Play Game

  BetMGM's Fast Break promotion gives daily chances to win prizes for free! Just play as the Point Guard, make your move, and score for rewards. Prizes like Boost Tokens and Bonus Bets available until 4/30/2024.

Other Special Offers – Don’t Miss Out!

1. Same Game Parlay Boost: Enhance potential payouts for Same Game Parlays using a Boost Token.
2. PGA Tour Odds Boost: Get up to 25% more winnings with BetMGM Odds Boost Token.
3. Multi-Sport Parlay Boost: Boost potential payouts for multi-sport parlays. Check for a Boost Token in your account.
4. Win Bonus Bets & Odds Boosts: Play the "8-Bit Barry" game weekly to win bonus bets and odds boosts.
5. MGM Resorts Discounts: Exclusive discounts for BetMGM players at MGM Resorts in Las Vegas, with up to 20% off room rates.

 

BetMGM Rewards Program

 

BetMGM sportsbook account holders automatically join the iRewards loyalty program. You will also qualify for the M life rewards loyalty program, which earns you rewards at MGM Resorts properties. Read on to find out how each program works in more detail: 

How the iRewards Loyalty Program Works:

• Automatic enrollment for BetMGM sportsbook account holders.
• Earn 9.5 points for a straight bet of $50+ at odds of +100.
• Earn 9 points for a straight bet at odds of -110.
• A $25 parlay at combined odds of +300 gives 20 iRewards points.
• A $100 futures bet at odds of +1100 provides 30 reward points.
• Accumulate 2,800 points for a $25 bet bonus or a $10 cash reward.

How the M life Rewards Loyalty Program Works:

• Earn rewards at MGM Resorts like BetMGM Grand, Bellagio, and Mirage.
• Start at the Sapphire tier and progress through Pearl, Gold, Platinum, and VIP Noir tiers.
• Tier progression based on earned credits (e.g., 25,000 credits for Pearl).
• Benefits include:
  • Invitations to tournaments
  • Bonus points on slots
  • Hotel room discounts and upgrades
  • Priority access to pools, cabanas, spas, and salons
  • Shopping discounts
  • VIP access to select nightclubs
  • Rental car discounts
  • Personalized offers

The BetMGM app is made by ROAR Digital. For those that don't know, ROAR Digital is a company formed through a partnership between MGM Resorts and GVC Holdings. The latter is one of the largest software developers in gambling . That means BetMGM uses proprietary software, which gives it the edge over its competitors.

✅ BetMGM Live Betting

You can make use of live betting on 20+ sports at BetMGM. The odds are generous and, importantly, you get access to live animations and statistics to help you make better decisions.

✅ Live Streaming

You can enhance your in play betting experience by watching events play out in real time. This makes BetMGM better than other sports betting apps because it offers betting opportunities and entertainment.

✅ Edit Bet Feature

BetMGM offers a unique feature called "Edit My Bet" that allows bettors to make changes to their bets after they've been placed. This feature provides flexibility in the following ways:

1. Add Selection: If you missed adding a team to your parlay or were impressed by a team's performance, you can add them to your existing bet.
2. Swap Selection: If there's a sudden change, like a key player being inactive, you can swap your bet for another team or game.
3. Remove Selection: If you feel a selection in your parlay might not win, you can remove it to increase your chances of a successful bet.
4. Increase Stake: If you're confident about an outcome, you can increase the amount you've wagered.

To use this feature, go to the "My Bets" section of your BetMGM account. If "Cash Out" is available for a bet, "Edit My Bet" will also be accessible. Click on the "Edit Bet" label on the bet card you want to modify, and the editing options will be enabled. After making your desired changes, ensure you save them. Once saved, a new bet reflecting your edits will be placed.

✅ Cash Out Feature

The Cash Out feature at BetMGM allows bettors to settle a bet before its final outcome, meaning that you can either secure a profit or minimize potential losses based on the live betting situation. The amount offered in Cash Out depends on the live action of the game. For instance, if you've bet on a team that's leading at halftime, you might be offered a portion of your potential winnings to cash out early. 

Cash Out is available for select single and parlay bets. You can see if Cash Out is available for your bet on the BetMGM sportsbook app or website, either in the "My Bets" section (if the event has started) or the "Cash Out" section (if the event hasn't started).

LATEST BetMGM App Feature Upgrades For The Current Football Season

💥 Survivor Pool: BetMGM introduced a Survivor Pool where users can select one team per week. The catch is that once a team is chosen, it cannot be picked again for the rest of the season. The last standing participant(s) will win a $100,000 grand prize.

💥 Streamlined Account Experience: For those traveling across multiple states during the football season, BetMGM has made the account experience more seamless. All login, cash balance, and other account details will be consistent across approved markets, with a few exceptions.

💥 8-Bit Barry Game Returns: The popular game featuring BetMGM's Celebrity Ambassador, Barry Sanders, is back. Players can make choices for Barry Sanders to earn various rewards, such as parlay boost tokens, odds boost tokens, and more.

💥 Same-Game Parlay+: This new feature allows players to merge different same-game parlays into one super parlay, providing enhanced odds.

💥 Exclusive Odds Boosts: In collaboration with its team partnerships, BetMGM is offering exclusive 50% live odds boost tokens. These special wagers are available within the states of specific partnered teams.

💥 New User Offers: New BetMGM users have two exciting offers to choose from for the season. They can either place a bet with a refund in bonus bets.
 

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Like on all the new betting sites, you can make pre-event and in-play wagers on a variety of sports. Although the events covered vary from state to state, you'll always be able to bet on college basketball and other professional sports. 

The brand has also renewed its exclusive partnership with MLB. That means that you won't be able to find any better odds on MLB due to the operator having access to exclusive advanced statistics as the official 'MLB Gaming Operator'. This makes BetMGM sportsbook one of the best MLB betting sites.

Apart from that, BetMGM offers wagers on the following sports:

• Basketball (Bet on NBA finals, regular season games and NCAA College Basketball)
• Football - Take advantage of the Top NFL Sites
• Baseball (MLB Games and international leagues)
• Ice Hockey Betting (NHL Games and international leagues)
• Tennis
• Soccer (MLS and international leagues)
• MMA (UFC)
• NASCAR odds
• Boxing
• Golf
• Formula 1
• Darts
• Rugby
• Cricket
• Lacrosse
• Cycling
• Biathlon
• Bobsleigh
• Handball
• Cross Country Skiing
• Curling
• Athletics (such as the Olympics)
• Specials (politics, TV shows etc.)

Odds and Lines

BetMGM odds aren't always the best, but they're far from poor. From our research, FanDuel typically has the best lines. However, thanks to sportsbook promos such as parlay boosts and cashouts, you can get solid value each time you make a bet.

Best Bet MGM Sports Betting Options

• Moneyline: When you bet on sports and choose the outright winner, it's known as a moneyline wager.
• Point Spreads: These bets require you to answer the following question: will a team beat the spread?
• Totals: This type of sports bet allows you to speculate on whether or not a result will finish over or under a set line.
• Teasers: These are a special type of sports bet that allow you to adjust the points spread or total for a price.
• Parlays: Making multiple picks and putting them together as a single wager is known as a parlay bets. Parlay rules state that all picks have to be correct for the wager to be declared a winning bet.
• Futures: A sports wager where you predict the outcome of an event taking place at some point in the future, such as the winner of a season-long contest, is know as a futures bet.
• Prop Bets: Betting lines that focus on specific actions, such as a player scoring.
• In-Play Wagers: Make a sports bet while an event is in process is known as an in-play wager or a live wager.

App rating: 4.8/5

The BetMGM mobile app might be better than its desktop counterpart. We say this because it offers all the same features but everything is slightly more refined, easily accessible, and swipeable. Therefore, if you want one of the best betting apps, BetMGM's app is packed with odds, features, and promos.

BetMGM App Download on iOS

1. CLICK HERE (or our banner) to create a BetMGM Sportsbook account.
2. Input your personal details, as well as our promo code GAMBLINGCOM.
3. Verify your account and go to the iOS store.
4. Search for the BetMGM mobile app.
5. Allow the geolocation BetMGM plugin to determine your location.
6. Download the app and log in to bet on college football, basketball, MLB and more.

 

BetMGM sports app iOS rating: 4.8/5

BetMGM Sports App Download on Android

1. CLICK HERE (or our banner) to visit the BetMGM registration page.
2. Input your details, as well as our exclusive bonus code GAMBLINGCOM.
3. Verify your account and go to Google Play.
4. Search for the Android Android app.
5. Allow the geolocation plugin download to determine your location.
6. Download the app and log in to bet on sports.

 

BetMGM sports app Android rating: 4.1/5

How to Check Your Bonus Funds on the App

You should receive a notification to inform you that your BetMGM bonus funds have been received. A bettor can also visit the “My Current Bonuses” section of his or her account. It will display a history of all the bonuses you have received in the past, and details of all existing bonuses. The current bonuses can have four different statuses:

• New Bonuses, which need to be claimed.
• Waiting Bonuses, which are paused if you are currently working your way through the playthrough requirements on a different bonus. Click “Activate!” next to one of these bonus offers if you want it to go live.
• Active Bonuses, which you are currently wagering. You can only use one sportsbook bonus or one casino bonus at a time. You can delete an active bonus if you so desire.
• Accepted Bonuses, which you have claimed but which require you to make a deposit before you can activate them.

 

Available Deposit Options:

Methods to fund and withdraw from your BetMGM account vary by state. You will likely be able to use your standard debit card or credit card or a range of e-wallets. 

The following are the most popular payment options to place your bets:

 

BetMGM emphasizes that sports wagering should be a form of entertainment. Their approach to betting is rooted in the belief that it should be enjoyed responsibly. For BetMGM, the true essence of sports betting lies in the excitement of the game, not just the outcome of a bet.

NBC's Partnership with BetMGM for Informed Betting

BetMGM's collaboration with NBC aims to deliver top-tier sports betting content. This partnership is designed to equip fans and bettors with accurate information, promoting informed betting decisions. It's a clear indication of BetMGM's dedication to responsible gambling.

MGM Resorts and NFLPA: More Than Just Betting

The partnership between MGM Resorts and the NFL Players Association goes beyond the realm of betting. It's about curating unique content and experiences and offering exclusive hospitality benefits. This collaboration underscores the idea that sports betting, when approached responsibly, can be a fun addition to the overall sports experience. The emphasis on responsible gaming, is a critical aspect that the best NFL betting sites uphold, ensuring that the thrill of sports betting is balanced with the importance of safety and integrity. 

 

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🚫 Don't Bet Too Much

Bankroll management is a skill every gambler needs to master. In simple terms, you should never bet more than you can afford. The general rule is that wagers shouldn't be more than 1% of your total bankroll.

🔎 Find the Best Bonuses

The best sports betting sites offer a variety of bonus bet promotions. BetMGM is no different. New customers can get a bonus bet with our exclusive code. You can also take advantage of other offers, such as getting a return when a bet loses, get better odds with boosts, insure parlay bets and more.

🏈 Try Different Wagers

A great way to get more from your online sports betting experience is to experiment. BetMGM offers a variety of sports bets and you should try them all. From prop bets and totals to points bets, teasers, and parlays, it's worth sampling everything that's on offer.

💻 Do Your Research

Successful sports bettors do a lot of research. As well as scanning the headlines on websites such as The Athletic, look through recent results, team statistics, and expert tips.

🏆 Have Fun

The final tip all sports bettors should keep in mind is to have fun. This means betting conservatively, picking sports you enjoy, and stopping when things get too stressful.

 

Yes! BetMGM is legal and licensed in multiple states. That means it offers a legit sports betting experience with guaranteed payouts.

Security and Reliability

The BetMGM platform is secured by SSL encryption technology. Additionally all BetMGM sportsbook odds are fair and every payout is guaranteed. Add to this the fact it's licensed and regulated in multiple states, with multiple retail sportsbooks, and you don't have to worry about safety or security.