BetMGM originated as an iGaming and online casino site. However, once the Professional and Amateur Sports Protection Act was passed in 2018, MGM Resorts International, which owns the site, saw this as an opportunity to get involved in sports wagering. This BetMGM Sportsbook review covers everything you need to know about the site before signing up.
BetMGM Sportsbook is known for good promotions, but the platform gives an exceptional betting experience. The technology is what separates BetMGM from the competition.
BetMGM is a partnership between MGM Resorts International and Entain Holdings. Entain is a conglomerate in the American iGaming industry. The sportsbook aims to provide a fantastic wagering experience through great digital technology and unique player experiences.
The app has delivered with all its promises, and the sports betting side of the app is being enhanced. Entain Holdings took sports wagering to a new level on BetMGM. This partnership was a lifetime contract.
As long as BetMGM Sportsbook is operating, Entain Holdings will be operating the sportsbook and providing the technology. The future of BetMGM is bright in the legal industry, with over half the states in America passing sports wagering legislation.
States where BetMGM Sportsbook is Legal
BetMGM is a product of MGM Resorts International and Entain Holdings. BetMGM is a subdivision of the two companies, and it has turned into a massive revenue generator. The sportsbook HQ is in New Jersey.
This initial location has given BetMGM a large footprint in New Jersey. As a result, new Jersey has recently surpassed Nevada for the largest sports betting market in the United States. The two states compete every month for the largest handle in the nation.
BetMGM is live in Nevada as well. The sportsbook has helped these states achieve massive handles in the past year. BetMGM is live in 11 states currently. The company has the goal to continue growing with the surging sports betting industry in the United States.
BetMGM is currently available in Colorado, Indiana, Iowa, Michigan, Nevada, New Jersey, Pennsylvania, Tennessee, Virginia, Washington D.C., and West Virginia. In addition, the BetMGM legal and sales teams have done a great job expanding the book to large gambling states throughout the nation.
BetMGM has a firm grip of the east, west, rustbelt, and south. Nevada is the largest market on the west coast, and New Jersey is the main industry on the east coast. Colorado has achieved monumental gains since the industry launched in 2020.
BetMGM has been one of the most utilized sites in the state. This is likely because of MGM Resorts International’s landlocked betting dominance in Nevada, which borders Colorado. However, BetMGM Sportsbook is starting to secure the southern part of the country as well.
Legislatures in the south are starting to become more accustomed to the idea of sports wagering, so you should expect BetMGM to continue lobbying in the region.
Features that Set BetMGM Sportsbook Apart
BetMGM checks all the boxes when it comes to necessary features for a successful sportsbook. The sportsbook has bonuses that can compete with other top sites in the industry. However, many other features make BetMGM a phenomenal wagering platform.
The BetMGM mobile app is user-friendly, but it’s not simplistic to a point where it takes away from the experience. The technology is quick and easy to maneuver. You will be locking in wagers on BetMGM with ease.
The site is designed to make betting simple because you never want to get lost in a sportsbook when placing a wager. This does come with some costs because betting options can be limited for some sports.
Nevertheless, the sportsbook covers the major sports very well which, makes it competitive with larger platforms. Another great feature of BetMGM is the registration and cashiering process.
It’s simple to sign-up for an account if you are of age and in a legal jurisdiction. You will receive your bonus with ease, and when you win, the payout process will be stress-free. BetMGM focuses on doing the little things right, so they have simplified transactions.
You will get your money quickly from the sportsbook, depending on what payment method you utilize. There are areas where BetMGM comes up short, but it’s one of the best sites for technology and maneuverability.
Bonuses and Promotions on BetMGM Sportsbook
BetRivers is improving regarding bonuses and promotions. BetRivers is above average compared to other sportsbooks in the wagering industry. Although, there are still issues with the bonuses.
BetRivers is a tier below sites like DraftKings and FanDuel for bonuses. This is expected because those sites are in a class of their own. It’s important to note that BetMGM has better promotions for its casino and online poker room.
These two have been the main component of BetMGM. Sports betting has improved on the site recently, so it’s expected that the promotions will improve. The main welcome bonus on BetMGM Sportsbook is a $600 risk-free bet.
Risk-free bets are not great compared to deposit matches. A risk-free bet gives you your initial wager back in free credits if you lose. Therefore, you never receive your actual risk back. If you win your first bet, you receive no bonus for being a new player on the site.
Risk-free bets may give you extra confidence to place a controversial wager, but you must remember that you may not receive your actual risk amount back from the sportsbook.
The welcome bonus is the only standard promotion on the site, but recurring deals arise during the year. Additionally, BetMGM Sportsbook focuses on major events during the year for promotions.
If it’s the Super Bowl or World Series, make sure to utilize BetMGM. The significant matchups are the time to play on BetMGM if you want large bonuses.
Banking Options on BetMGM Sportsbook
BetMGM Sportsbook has revolutionized payments. The site has a payment method for every bettor in the United States. The most common payment method in sports betting is PayPal for a variety of reasons.
PayPal is a mainstream payment method that’s used throughout the United States. It’s used by frequent bettors and people who only bet big events like the Super Bowl. You can deposit and withdraw with PayPal.
It’s important to know that if you deposit with PayPal, you must withdraw with the payment method. If you want to pay with a credit or debit card, BetMGM gives you all the major options.
You can utilize MasterCard, Visa, Discover, and American Express. American Express makes the sportsbook elite in the industry for payment methods. All sportsbooks will give you the ability to utilize Visa and MasterCard. Most sites allow you to pay with Discover, but it’s not common to find many legal platforms that accept American Express.
In addition to these deposit methods, you can utilize e-Check, BetMGM Play+, electronic transfer, Skrill, or PayWithMyBank. To receive your winnings, you can use Play+, PayPal, VIP Preferred, check by mail, Skrill, cash at the cage, or online banking.
If you have payment questions, you can receive 24-hour support on the sportsbook. This constant helpline also makes BetMGM unique in the wagering industry.
Types of Bets on BetMGM Sportsbook
BetMGM Sportsbook allows bettors to make all the standard bets in the legal market. The most common wagers on the sportsbook are the moneyline, point spread, and over/under. The moneyline is choosing a team straight up to win.
The only thing that matters is the final score at the end of a contest. The point spread is when you wager the points. You must choose how much a team will win by or be within in a specific contest. The over/under is betting on the total number of points scored in a game.
BetMGM covers these markets well for all sports. However, the sportsbook does struggle for prop bets outside of the major markets. A prop is a bet that occurs on some portion of the game.
An example of a prop bet would be wagering the number of touchdowns a quarterback will throw in an NFL game. BetMGM has been known to limit markets for smaller sports. This is usually okay for people looking to bet on football, baseball, basketball, and hockey.
Nevertheless, it’s something to keep in mind when gambling on the site. BetMGM also offers future wagers. Futures are when you bet on something that is going to occur down the road.
FAQs about BetMGM Sportsbook
Where is BetMGM available?
BetMGM Sportsbook is live in 11 states. The list includes Colorado, Indiana, Iowa, Michigan, Nevada, New Jersey, Pennsylvania, Tennessee, Virginia, Washington D.C., and West Virginia.
Does BetMGM also have an online casino?
Yes, BetMGM also has an online casino and poker room. However, this is limited to states where iGaming is legal and BetMGM has secured market access.
What’s the minimum age to gamble on BetMGM?
This depends on the states, but the typical gambling age in the United States is 21 years old.
What sports can I wager on BetMGM?
You can wager the NFL, NBA, MLB, NHL, soccer, tennis, boxing, eSports, cricket, rugby, college football, college basketball, UFC, auto racing, golf, darts, volleyball, and cycling on BetMGM.
Is BetMGM Sportsbook safe?
Yes, BetMGM Sportsbook is very safe. The site goes through frequent testing to guarantee that personal information stays secure on the sportsbook.
Can I use BetMGM if I am not in a legal state?
No, you cannot use BetMGM Sportsbook if you are outside the 11 states where the sportsbook is legal. This is because the sportsbook uses your mobile device’s GPS software to guarantee you are in the state. However, you can view the sportsbook outside of the 11 legal states.