BetMGM vs Fanduel

Intro/history of BetMGM vs. FanDuel

About BetMGM

BetMGM, which was established in 2018, is the mobile betting platform for the famous MGM Resorts International and Entain plc. MGM provides brand recognition and market access with this pairing, while Entain provides online gaming technology. The betting products offered to vary from state to state with a mix of casino, poker, and sports betting products. 

BetMGM offers a refreshing experience via its mobile app. Their mobile app is easy to navigate, and load times are quick.  For bettors looking to bounce ideas off each other and stay updated to date with news, BetMGM offers a blog. The blog is a mix of current articles, discussion both for serious sports news and others a bit on the fun side.

About FanDuel

Since 2009 FanDuel has been known to the masses as a daily fantasy sports website, but they also operate a full sportsbook and racebook. FanDuel offers an extensive list of sports to bet on, with their modern betting platform on both desktop and mobile applications. 

FanDuel also offers a full casino experience with all of your favorite slots and table games. Sports junkies no longer have to bounce around for sports news, articles, and betting platforms. Fanduel offers all of the latest news and stats in the sports world while keeping your betting markets close by.

States offered for BetMGM vs. FanDuel 

ColoradoIndiana IowaMichiganNevada New Jersey PennsylvaniaTennesseeWest VirginiaVirginia ColoradoIllinois Indiana IowaMichiganNew Jersey PennsylvaniaTennesseeWest Virginia Virginia 

Both online sportsbooks are at the forefront of regulator changes state to state, which should see both being offered across the board equally. Currently, BetMGM operates in Nevada, which FanDuel does not. FanDuel is available for bettors in Illinois, but BetMGM is not yet available to bettors in the state.

Sports To Bet on for BetMGM vs. FanDuel

Baseball (MLB)Basketball (NBA)Basketball (NCAA)BoxingCricketCyclingDartsFootball (NFL)Football (NCAA)Golf (PGA)Hockey (NHL)MMA Motor Sports (Nascar, F1)Rugby (League, Union)Soccer(EPL,Premier League,MLS)Tennis Baseball (MLB)Basketball (NBA)Basketball (NCAA)BoxingCricketDartsFootball (NFL)Football (NCAA)Golf (PGA)Hockey (NHL)Horse Racing MMA Motor Sports (Nascar, F1)Rugby (League, Union)Soccer(EPL,Premier League,MLS)Tennis 

FanDuel has a major advantage in this section as they offer a horse racing betting market.  FanDuel also provides live streaming for horse races. 

Types of bets offered BetMGM vs. FanDuel

Early Cash out FuturesMoneylineParlayPropsRound RobinSpreadTeaserTotal (Over/Under)Early Cash out FuturesMoneylineParlayPropsRound RobinSpreadTeaserTotal (Over/Under)

Live Betting OfferingsBetMGM vs. FanDuel

BaseballBasketballFootballHockeySoccerTennis BaseballBasketballFootballHockeySoccerTennis 

All common bet types are currently offered by both online sportsbooks (No reverse bets). Both BetMGM and FanDuel offer live betting for all major sports along with other sporting options. Betting Odds available are dead even between these two sportsbooks.

Banking at BetMGM vs. FanDuel

Minimum Deposit – $10
Total Deposit Methods – 8 Debit/CreditOnline Bank Transfer (ACH)

Minimum Withdrawal – $10
Total Withdrawal Methods – 6Online Bank Transfer (ACH)PayPalPrepaid Gift Card 
Minimum Deposit – $10
Total Deposit Methods – 8 Debit/CreditOnline Bank Transfer (ACH)

Minimum Withdrawal – N/A
Total Withdrawal Methods – 6Online Bank Transfer (ACH)PayPalPrepaid Gift Card 

Both online sportsbooks offer a low initial deposit, allowing bettors to start small while becoming familiar with the platform. Both sportsbooks offer fast and secure transactions, both depositing and withdrawing funds. Methods for deposit and withdrawal include all common types, and cryptocurrencies are currently not available at either sportsbook.

Desktop/Mobile at BetMGM vs. FanDuel 

DesktopFully functional website Mobile iPhone and Android compatibility DesktopFully functional website Mobile iPhone and Android compatibility 

Both sportsbooks offer amazing internet browser and mobile app betting platforms. Top-tier user design and experience while using both betting platforms. Both are available for iPhone and Android with identical features.

Bonuses Offered at BetMGM vs. FanDuel 

Risk Free First Bet If your initial bet is a loser, BetMGM will refund your bet up to $600. Your refund is made in “free bet credits” that must be used for future bets. No refund or bonus is issued if your first bet is a winner.  20% Deposit MatchGet a bonus of up to $500, as FanDuel will match 20% of your first deposit.
Risk-Free First Bet -Up to $1000 back if you don’t win your first bet

FanDuel’s Signup Bonus is superior with a bigger refund if your first bet doesn’t pan out. New customers can also choose a 20% deposit bonus if they prefer.

Customer Service at BetMGM vs DraftKings 

BetMGM Customer SupportPhone: 609-248-9531Email: 24/7FanDuel Customer SupportPhone: 1-800-475-2250Email: 24/7

Both online sportsbooks offer excellent customer service and provide users with multiple ways to contact a customer service agent.

Betting Resources Available at BetMGM vs Draftkings 

Articles & News Explanation of Bet Types Articles & News Explanation of Bet Types GlossaryTeam & Player Statistics 

FanDuel does a great job of providing bettors all the information needed before placing their bets. Sports articles, news and statistics are available directly within the betting platform, saving valuable time. Both sportsbooks do a great job of explaining bet types to new bettors. 

Wrap up of BetMGM vs. Fanduel 

States offeredBoth states have equal coverage across regulated states. 
Sports to bet on Fanduel offers horse racing while BetMGM currently doesn’t
Types of bets offered All common bet types are offered by both sportsbooks
Live Betting offerings Living bettings options are similar on both sportsbooks
Banking Options Banking options of similar on both sportsbooks 
Desktop/Mobile platforms Both sportsbooks have top tier websites and apps 
Sign-up Bonus FanDuel Offers a bigger sign-up bonus for new customers.
Customer Service Both online sportsbooks offer comparable customer service 
Betting Resources FanDuel provides betting resources such as news and stats to help bettors 

Both of these online sportsbooks are top class and have many similarities with the product they offer to the betting public. What separates Fanduel from BetMGM is their horse racing platform, betting resources, and signup bonus. Make Fanduel your sportsbook of choice when choosing between these two.

Governor is All Louisiana Has left for Legalization of Sports Betting

It’s two done and one to go in terms of sports betting bills getting signed in the state of Louisiana. Governor John Bel Edwards has already given his stamp of approval to the first two pieces of legislation and will quickly do so to the third when it finally reaches his desk.

Senate Bill 247 and House Bill 697 were the two pieces of legislation that have already been signed by Edwards. Senate Bill 142 is expected to be passed by the Senate quickly, and that would allow the state to begin the next steps in sports betting. 

The first two bills establish the initial rules and regulations for the industry, and SB 142 sets the tax revenue amounts. Louisiana is looking for a big boost in revenue from sports betting, and it was this push that helped get support from voters.

There will be a 10% tax on retail sports betting, while online wagers will be taxed at a rate of 15%. In addition, any company wishing to apply for a sports betting license must pay a fee of $250,000, and the five-year licensing fee is $500,000.

Lawmakers in Louisiana have been working on determining where the tax revenue will go, and those amendments are what still need to be approved by the Senate. It is proposed that 25% of sports betting revenue will go to the Louisiana Early Childhood Education Fund.

12% of the sports betting revenue will go to the parishes where sports betting has been approved. Other small amounts will go to other projects, and the rest of the money goes to the Louisiana general fund.

Bars and restaurants in the state will be able to set up sports betting kiosks to take retail wagers on sporting events. In addition, online-only operators can partner with the state’s casinos to launch a sports betting app. 

Only 55 Parishes Affected

When the sports betting industry does officially launch in the state of Louisiana, there will be nine parishes that do not have the ability to launch a sportsbook. Last November, 55 of the 64 parishes in the state voted to approve sports betting, but it was not a unanimous decision throughout the state.

Louisiana saw similar results when it attempted to legalize and regulate the DFS industry a few years ago. Unfortunately, that vote came all the way back in 2018, and the state is still working on getting those DFS sites up and running in Louisiana.

Lawmakers used the lessons learned from the long delay in approving DFS measures, and that helped them get sports betting approved quickly. As a result, sports betting will be available to both residents and visitors of the state, but only in the 55 parishes that are eligible to have options.

Projections for sports betting in Louisiana have been all over the map, but most believe that the state could mirror what took place in Colorado. That state brought in more than $2.3 billion in wagers during the first 12 months, and it could be a sign of good things to come in Louisiana. 

South Dakota Sets Rules on Legal Sports Betting; Coming Soon!

South Dakota could become the next state to launch sports betting, as things are finally moving in the right direction. It has taken lawmakers in the state much longer than expected to get this industry up and running, but the laws are now in place.

The Commission on Gaming announced on Friday that sports betting license applications are now available, and those can be found on the company’s website. Even though companies can start filling out the paperwork, applications won’t be approved until July 1, at the earliest.

Douglas Abraham, attorney for the Gaming Commission, made this official on Friday, and he also announced that there is a $5,000 application fee. This was a new amendment that was added to the rules already in place. 

Voters in the state of South Dakota approved sports betting through a ballot referendum last November. This gave lawmakers the power to craft sports betting rules and regulations, and that took some time earlier this year.

Governor Kristi Noem officially signed SB 44 into law on March 18, but that was the last action taken on sports betting until last week. Even though sports betting will provide a revenue boost for the state, this is not going to be one of the biggest markets.

Statewide online sports betting was removed from the legislation early on in the process in an effort to protect the Deadwood casino revenues. All retail betting must be done at these properties, and that will require some travel for most bettors. 

With license applications set to be approved on July 1, that should allow the state to launch the industry prior to the start of football season. Betting on the NFL is the top market in the US and would allow the state to get off to a big start.

Casino gaming saved the mining town of Deadwood, and there is hope that sports betting will bring another big boost. There is a chance that online betting could eventually be added as a legal form, but that will come after the industry is established. 

Lawmakers Make Other Changes to Gambling

The Deadwood Gaming Commission held its first meeting of the year last Friday, and the next one isn’t scheduled until July 1. Sports betting was the top priority on the agenda, but other forms of gambling were also discussed.

The DGA met to discuss how to correctly define and tax gross gaming revenue that comes from sports betting. An amendment was introduced but won’t be made official until the Interim Rules Committee has a chance to review it. 

This new amendment made it clear that any promotional money de deducted from the revenue reports that are announced by each operator. This will affect the tax rate and is similar to what is done with casino revenue. 

Blackjack is one of the most popular casino games in the state, and there were several new amendments discussed around the game. Customers have complained about some irregularities with the game, and this was discussed.