BetMGM Sportsbook Review

BetMGM is one of the top sportsbooks in any legal market. While it may not be quite as big of a name as powerhouses FanDuel and DraftKings, we still found it to be in that elite tier of sportsbooks, offering a thoroughly enjoyable experience for new and seasoned bettors. 

The BetMGM welcome bonus is excellent, offering the same or more than many other top sportsbook promotions. Sign up by clicking on the exclusive link. Then, use promo code ‘CBSSPORTS’, make a deposit of at least $10, and your first bet of up to $1,500 will be returned to you in bonus bets if it loses.

Our experts spent a lot of time with BetMGM to craft this review, and we found very few reasons to dock points. All in all, it’s a fantastic betting platform with a lot going for it. Read on for the full review of BetMGM Sportsbook and its many amazing features.

Sign up as a new user to get the welcome bonus: Up to $1,500 in bonus bets if your bet loses.

You need to deposit at least $10 into your new account to make the bonus kick in. Make sure you enter the BetMGM promo code ‘CBSSPORTS’ and opt in before placing your initial bet. 

After placing your first wager, BetMGM will grant you up to $1,500 in bonus bets if your first bet loses. If it wins, you get to keep the profit. If not, you can use those to wager on whichever markets you wish. The bonus bets expire seven days after they are issued, and if a bonus bet of yours wins, you’ll receive only the winnings, not the initial stake.

BetMGM regularly shifts its promotional offers to match the sports that are currently in season. During the NFL season, you will see many NFL-specific promos. Same for the NBA season and so on.

The top BetMGM promotion are simple profit boosts. 

At BetMGM, you can boost bets on specific sports by claiming a corresponding promo. For example, they may have an NHL boost that offers a 25% increase in winnings if a hockey bet wins. 

As mentioned above, these types of offers constantly rotate in and out. It is recommended to check the BetMGM promotions page to find the latest profit boost deals. 

Refer friends to sign up for BetMGM Sportsbook to get rewarded. This only works if your referred friend doesn’t already have a BetMGM account. Once the friend signs up and meets the requirements, you’ll each get $100 in credit. You can refer up to 20 friends per month this way. The requirement is simple: your friend must wager through $100 within 30 days. At that point, you’ll receive your $100 credit. 

Other than the aforementioned NHL boost, there are many more profit boost tokens accessible at BetMGM Sportsbook. Check the promotions page for the latest boosts to maximize your potential winnings. 

The user experience at any sportsbook is made up of many different factors, and BetMGM gets high marks from us in almost every important area. 

First and foremost comes navigation; it’s incredibly easy to get where you want to be at BetMGM. You’ll never have to look for more than a minute or two to find your desired bet. The more “traditional” bet types, like point spreads, are easier to find, while the more niche bets like player props require a tad more digging. Not much, but maybe a few seconds more. If you are looking to improve your understanding of betting terms and strategy, our betting guides have plenty of information to get you going.

If you’re a live bettor, BetMGM is a great sportsbook from a user experience perspective. The main menu has a “Live” section that displays the number of bettable matches that are currently in progress. Clicking it will bring up a lot of information on all sorts of available sports, current scores and live betting markets. Some matches even had the live streaming option to offer. 

Placing a bet at BetMGM is also seamless. Select your bet and it will go right into your bet slip, showing you how much your bet would pay depending on your stake. You can add additional bets to create a parlay or place them individually. The process of placing a bet takes a maximum of a few seconds.

The sign-up process at BetMGM usually takes no longer than five minutes. To get started, follow this quick guide:

If you’d rather take the streamlined approach, BetMGM has alternatives. You can sign up with your existing Yahoo Sports or PayPal account. PayPal makes payments incredibly easy through your existing profile. It’s a nice benefit. 

It takes about three minutes to create a BetMGM account.

The BetMGM app has a striking interface with a black background, stark white elements and a gold accent color. It looks good, and it works even better.

One standout element of the BetMGM mobile app is its layout. The sportsbook has a search function at the top of the page, so you can seek out leagues, players or bets by name. The homepage displays current and upcoming games for popular sports. The bottom menu includes four simple options: Home, My Bets, Promotions and Account.

Deposits and withdrawals are seamless from the BetMGM mobile app, allowing quick requests to keep you in the game.

The presence of the current slate of promos on the home screen once you’re logged in is a nice addition, making it easy to claim available offers such as profit boosts and parlay insurance.

Overall, we found no major downsides of the BetMGM mobile app.

BetMGM is one of the top sports betting sites for a reason. It offers a slew of amazing features, including the three highlighted in this section: 

Sportsbook desktop sites aren’t quite as popular as their app counterparts. Think about it—everyone has a smartphone, and betting apps are easily accessible via mobile devices. But sportsbooks have desktop betting sites as well, and BetMGM offers one of the top desktop options on the market. 

What makes it a top option? It provides a comprehensive view of many markets and gives bettors plenty of options laid out in a visually appealing manner. Whereas many desktop sportsbooks feel like they play second fiddle to the mobile app, BetMGM’s desktop site functions as its own entity with computer users in mind.

Whenever you have promotions accessible to you or currently active, they will appear in a “My active promotions” drop-down at the top of the BetMGM homepage. This makes it easy to see which promotions you can currently claim without digging through the entire promos page. 

Look for the “play” icon on live games to stream the event straight to your mobile device or computer from within the BetMGM Sportsbook. Live streaming is becoming more common in the sports betting world, and BetMGM is one of the best sites for it due to the volume it offers and the stability of its streams.

The minimum deposit at BetMGM is $10 for most methods. However, wire transfers have a $1,000 minimum. Let’s take a look at the methods available for deposits and withdrawals at BetMGM Sportsbook.

There is a variety of payment methods offered by BetMGM and some MGM properties or partnered casinos may also allow cash deposits or withdrawals.

BetMGM imposes various stipulations on players making withdrawals or deposits. Here are a few to keep in mind:

Minimums are the most important thing to look out for. Deposit methods each may carry their own minimums. For example, most BetMGM deposit method minimums require $10 or more. Maximums are slightly less common, though sportsbooks occasionally have rules or limits on big deposits. 

When you use an e-wallet service such as PayPal or Venmo, you can’t use a connected debit or credit card. Instead, you must have a bank account or an existing balance from which you can pull. Only those two sub-methods will work. If that doesn’t work for you, a credit or debit card deposit is allowed as a separate method. 

Some methods are only available for withdrawals once you’ve already used them for deposits. PayPal is a prime example. You can’t withdraw using PayPal unless you’ve already deposited with the service. For this reason, it is recommended to pick one method and sticking with it (this also helps keep your account secure). 

Here’s a general look at the sports and bets available at BetMGM. Keep in mind that other bets may be available depending on the time of year and which sport you’re betting on.

BetMGM offers a wide range of betting markets for major league sports like the NBA, MLB, NHL and NFL, and has a large selection of bet types available for these sports as well. 

One omission from the BetMGM library is Jai Alai.

On the BetMGM app or site, click “Help & Customer Care” to open the help center. It includes a detailed FAQ page with responses to common questions and solutions to frequent issues. If you can’t find help there, BetMGM offers two support options:

If you’re within live chat service hours, that’s the way to go. Agents are helpful and incredibly responsive at BetMGM. Most questions asked there were answered in a matter of minutes. The email option is nice if you don’t need help right away, as it offers the option to upload documentation detailing your issue. 

Let’s take a moment to compare BetMGM with FanDuel, another huge name in sports betting. 

Currently, both of these sportsbooks have a welcome bonus dependent on the result of your first bet, which isn’t what new users want to see. However, both sportsbooks also offer a large selection of bonuses and promotions to existing users including profit boosts, bonus bets, odds boosts and more. The edge goes to BetMGM since they additionally have a rewards program where you can win all sorts of perks while FanDuel has no rewards program at all.

This one’s a photo finish, bordering on an outright tie. Both sportsbooks seem to have invested a lot of resources into their design and functionality, and that has paid off. Both apps are straightforward to navigate, offering top-notch user experiences. We found that while FanDuel’s app was a bit better overall, BetMGM had an incredible desktop site experience. Let’s call this category a draw. 

Once again, another draw. BetMGM and FanDuel both offer an impressive array of odds, markets, and bet types. FanDuel is better for same game parlays, but BetMGM has an amazing bet-builder and displays its odds intuitively. 

The FanDuel mobile app is simply our favorite. It works smoothly and seamlessly, on a level most sportsbooks can’t match. The navigation and app layout are so intuitive. This isn’t even to say BetMGM has a bad app. It’s just not as good as FanDuel’s. It doesn’t function quite as quickly and the interface is not as aesthetically pleasing as at FanDuel.

To answer the question simply: no. Even in double-overtime, the match between BetMGM and FanDuel ends in a tie. They’re both amazing sportsbooks with plenty of pros and only a few cons. Both are recommended to have in your betting arsenal.