BetMGM Sportsbook 5.0

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$1000 bonus

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Promo code
SQORE1000

5.0

Rated 5 stars out of 5

(Author: Jay Sanin)

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BetMGM Sportsbook Review & Promo Code 2022

BetMGM is one of the leading sportsbooks in the US due to its background in casinos and resorts.

They serve all states where online gambling is legal. This BetMGM review will explain why this online sportsbook is one of the best for sports bettors.

Pros & Cons

Pros
  • Easy-to-use app
  • Competitive promotions
  • Complete offering
Cons
  • Hard to reach customer support
  • Player statistics are not yet available
  • Withdrawal process can take longer
BetMGM Sportsbook

Editors Conclusion - Various BetMGM's Promos Make Betting Easy

The BetMGM Sportsbook offers both site and app with a lot of great features with clean, intuitive menus. BetMGM offers regular promotions for its customers. There are several niche sports that are not even available at other sportsbooks.

BetMGM is one of the top three major players in the online sports betting world. It claims approximately 26% market share in the third quarter of 2021 alone, claiming over $200 million in revenue. This means BetMGM's simple menu, security, and extensive sports and banking options appeal to the market.

Safe to say that BetMGM is the best-recommended sportsbook for sports betting.

Bonuses and Promotions at BetMGM

BetMGM offers a large selection of event and sport-specific promotions. Parlay insurance and odds boosts are offered for certain leagues or games, as well as risk-free bet tokens if certain prop bets fail to payout.

Be sure to check out BetMGM's official promos page for an up-to-date list. Since promotions are state-specific, you might see advertisements for promos that aren't available in your state.

Here are some current promotions:

BetMGM up to $1,000 Risk-Free Bet

BetMGM  $1000 risk-free first wager

BetMGM offers a risk-free wager of up to $1,000. To claim the bonus, you need to make an initial deposit upon signing up and use the promo code below.

Promo Offer:$1,000 Risk-Free Bet
Promo Code:SQORE1000
Minimum Deposit:$10
Sports: All
Eligible states:AZ, CO, DC, IA, IL, IN, LA, NJ, NY, MI, MS, PA, TN, VA, WV & WY 
T&C:
  • New users only, shall meet the minimum eligible age as per state requirement
  • Free bets within 7 days as one straight bet or parlays
  • Free bets cannot be split into different bets

Other Promos

NBA 3-Pointer Bet $10 Win $200

Make a $10 bet and win $200 if either NBA team makes a 3-pointer. The free bets will be divided into four $50 free bets and must be used in a single bet within 7 days after they are credited to your account. This promo is exclusive to new users signing up for a new account at BetMGM and cannot be used with other promos.

MLB Promo Bet $10 Win $200

BetMGM's new MLB promo code unlocks a 20-1 home run odds boost on any game. Create an account, make a deposit of at least $10, and stake at least $10 on any MLB team. When either team hits a home run in that game, bettors receive $200 in bonuses regardless of the outcome of the original bet.

Money Monday Club

All Money Monday Club members (free opt-in available in your account) would receive $10 in free bets every Monday if they placed at least $50 in qualifying wagers the previous week. Regardless of your previous week's result, you begin each week with a $10 free bet bonus.

King of the Weekend

You can win $50,000 in cash without placing a single wager with King of the Weekend. Throughout the NFL season, if you correctly predict the six highest-scoring teams each week from a group of five games, you'll win $50,000. There is still a chance to win $1,000 in cash and up to $250 in free bets if you beat the other contestants, but you don't get all six in order.

8-bit Barry

This promo is one of the industry's unique, interactive promos. Get a taste of 90's retro video games and legendary running back Barry Sanders in a totally free-to-play game. You'll have a chance to get a free bet, parlay boost, or risk-free token for online betting at BetMGM if you score a touchdown. The game is available every week during the football season.

How to Sign-up and Claiming the Promo Code

How to sign up and claim the promo code

To sign up for the online sportsbook, you don't have to be a resident of one of the states where BetMGM operates. However, you must be located in one of those states to place wagers. Additionally, you must be at least 21 years old in most states.

1 Start signing up.

Visit BetMGM and select your state. Click "Register".

2 Add Personal Details

Enter your details to create a new account:

  • Email
  • Name
  • Date of Birth
  • Select a Unique User ID
  • Create a Secure Password
  • Last four digits of your SSN
  • Phone Number
  • Home Address
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3 Accept Terms & Set Questions.

Verify your age and eligibility and set the security questions.

Bet
4 Deposit.

Make an initial deposit of $10 or more using the available funding option. You can also enter the promo code to claim the bonus on this page.

5 Place Your Bet(s) and Wait for Results.

Now it's time to bet! Your account will be credited with the amount you can withdraw if your bet "cashes" or wins. BetMGM will give you free bets worth what you staked in 24 hours if it loses.

6 Use Your Credits.

If you win, you'll see your account balance increased. You have seven days to use the free credits before they expire.

This process is fast and simple, and it only takes a few minutes.

Loyalty & Reward Program

Bet

M Life Rewards, the award-winning loyalty program of MGM Resorts, is one of the major benefits of signing up for BetMGM Sports Betting or Online Casino. Customers can also redeem rewards points for bonuses, cash, or world-class experiences like comped rooms, discounted dining, VIP seating at sportsbooks, and more at all MGM family properties.

BetMGM's ability to convert online winnings into real-life experiences is one of the things we liked most. Bettors can be part of one of the most extraordinary resorts in the world with M Life Rewards. 

M Life offers more than just hotel discounts and lifestyle perks. There are also perks just for customers:

  • Extended expiration for points
  • Special tournaments
  • Ability to convert points to FREEPLAY
  • Bonuses on playing slots up to 40%

Benefits are tier-based, based on the points that a player has accumulated:

BetMGM TierPoints Required
Sapphireup to 24,999
Pearl25,000
Gold75,000
Platinum200,000
NoirBy Exclusive Invitation Only

As a global brand, BetMGM has an extensive and unique rewards program. For more information about the loyalty program, please check their official website.

BetMGM FAQ

How do I claim the BetMGM sports betting welcome promo?

All new customers are eligible for the BetMGM intro promo. Register for an account and enter the promo code SQORE1000.

Is BetMGM legit?

Yes, BetMGM is legal and legitimate in all of the states listed above.

Can I use cryptocurrency to bet with BetMGM?

No, currently you cannot use cryptocurrency to deposit or withdraw money into or from your BetMGM account.

How do I place a bet with BetMGM?

You can log in, make your selections, hit the bet slip button, enter your wager amount, and click Place Bet.

Who can place bets with BetMGM?

Anyone physically located in one of the states where BetMGM operates can place a bet.

Can I deposit and withdraw money outside of a state where BetMGM operates?

Yes, you can deposit and withdraw money from anywhere.

Does BetMGM offer live betting?

Yes, BetMGM offers live betting on most major sports including football, basketball, hockey, baseball, and more.

Does BetMGM offer live cashouts?

Yes, you can cash out your bets on select games while they are still in progress.

Does BetMGM have a rewards program?

Yes, it is called M life Rewards. You may earn benefits by placing bets at MGM Resorts (including the sportsbook).

Does BetMGM charge fees?

BetMGM does not charge fees to deposit or withdraw money from your account.

Betting at BetMGM Sportsbook

betmgm

BetMGM Sportsbook is currently tied as our highest-rated legal online sportsbook in the states where it is available.

They offer a competitive intro promo, a wide variety of sports and bet types (including same game parlays), generous promotions and odds boosts, a smooth user experience, and great customer reviews.

Overall, if you are looking for a sportsbook in any of the following states, BetMGM is definitely worthy of your consideration.

Odds Pricing

While sign-up offers, promos, and user experience are crucial factors in selecting a sportsbook, the most sophisticated bettors are often worried about the price. We compared some of these sportsbooks for you to help you understand where the BetGMG odds pricing stands out.

Analysis parameters:

  • Data collected from 1/1/2021-4/1/2022
  • Used closing odds (the odds 30 minutes before game-time) in calculations
  • Each data point is the average book-edge for the month
  • Each # is represented as a percent of the book's edge

The book with the lowest average book edge is considered to have the best price.

Best Pricing: Sportsbook Edge Averages by Sport (All Markets)

SportBetMGMFanDuelDraftKingsCaesarsPointsBet
NFL4.854.584.554.434.57
NBA4.744.554.565.475.76
MLB4.724.484.583.864.83
NCAAF4.884.754.604.565.19
NCAAB4.704.684.544.545.29
Total4.744.664.624.715.18

Sportsbook Edge by Sport Overview:

  • BetMGM was middle of the pack in terms of overall average pricing across all betting and sports markets.
  • Caesars had the best pricing for NFL, MLB, NCAAF, and NCAAB.
  • FanDuel is priced in bettors' favor with the NBA.
  • PointsBet was the least favorable total pricing market for bettors overall.

Pricing Overview for Specific Markets:

  • BetMGM Moneylines. BetMGM had the second-highest total Moneyline pricing on average (4.65) across all major sports. Caesars featured the best average Moneyline pricing for NFL (4.06), MLB (2.87), NCAAF (4.14), NCAAB (4.00), and overall (4.03).
  • BetMGM Spreads. BetMGM was near the top in terms of average total spread pricing (4.76) and excelled specifically in NBA pricing (4.71) over competitors.
  • BetMGM Totals. BetMGM has the best average pricing across sports (4.81), specifically in MLB (4.72) compared to other sportsbooks. If you like betting over/under totals, BetMGM is a recommended sportsbook.

How much does "Sportsbook Pricing" matter?

Pricing differences become most apparent as Moneylines get bigger. For example, FanDuel may have something like this:

  • Colts -200
  • Jaguars +160

Meanwhile, BetMGM might have:

  • Colts - 205
  • Jaguars +175

Despite a slightly lower price on the Colts, BetMGM offers a better price on the Jaguars, and overall there is less vig on this market than at FanDuel. Those differences in vig accumulate over hundreds of bets.

Betting Markets

In terms of odds for events, BetMGM isn't always the best, but its betting lines aren't far behind. You can find competitive odds at BetMGM on most major sports including NFL, MLB, NHL, NBA, and College Sports. You can easily find the odds for your favorite games, including for prominent tournaments such as the Super Bowl and season playoffs.

Sports to bet on
Aussie Rules FootballTennisTable Tennis
Baseball (MLB/NCAA)Football (NFL/NCAA)Lacrosse
Basketball (NBA/NCAA/Other)Golf (PGA)MMA (UFC/Bellator)
Hockey (NHL/Other)HandballNASCAR
BoxingFormula 1Volleyball
CricketRugby (League/Union)Darts
CyclingSoccer 

BetMGM's primary drawback is that its secondary markets, such as game or player props, are somewhat limited compared to other books in the US market. BetMGM has historically not offered the odds on players to make or miss the cut at PGA Tour events as DraftKings does. BetMGM occasionally provides prop bets, but they're limited compared to other books.

Other smaller markets are available as well, such as sports leagues. The PGA Tour, European Tour, Ryder Cup, and other golf tournaments are available.

BetMGM has a broad range of online sports betting options that you can choose from. Here are some of the betting options available at BetMGM:

Bet TypesDescription
MoneylineTo place this type of wager, simply pick the winning side.
TotalsThe expected number of points, runs, or goals in a game. In a football game, for example, if the total is 41 points, bettors can wager "over" or "under" that perceived total.
SpreadsPoint spreads (or simply "spreads") are the number of points by which the favored team is given an advantage over the underdog.
One-game parlayOne Game Parlays, also known as Same Game Parlays or Single Game Parlays, are a low-risk, high-reward betting strategy that enables gamblers to combine their favorite bets for a single game to win a large payout.
Live bettingLive betting, also known as "in-play betting," refers to wagering that takes place during an ongoing sporting event. It allows viewers to place wagers during the game, as opposed to only before it begins, causing the odds to fluctuate based on the game's progress.
PropsA proposition (or prop) bet is a non-standard or exotic wager, such as which team will score first or the number of yards a player will gain. Often referred to as a "game within a game." These wagers are especially popular on major sporting events, with the Super Bowl being the most popular.
Alternate linesPurchasing or selling points on the spread or total of a sporting event constitutes wagering on alternate lines. Buying points reduces the odds, necessitating a larger payout for a safer outcome. Selling points makes it more difficult to win a wager but increases the odds and potential winnings.
TeasersA type of wager that permits the bettor to place wagers on two different games. The bettor can adjust the point spreads for the two games, but the payout on winning wagers is reduced. Teasers are a popular type of wager in basketball and football betting.
ParlaysA bet on multiple teams, either against the spread or on the money line. All of them must cover/win for the wager to win (or payout). The higher the odds, the more teams you bet on.
FuturesBetting on long-term outcomes is possible with futures bets. Futures bets, as the name suggests, are wagers on events that will occur in the future. For the casual bettor, future bets offer the best chances of winning big.

Live Betting

BetMGM makes live betting easy. You can view live odds on the homepage, live betting page, or league and sport-specific pages when wagering on desktop, mobile, or in the BetMGM Sports Betting mobile app.

Live odds are available for the entire game, first quarter, or first half during the early minutes of the game. Live betting odds vary by sport. For soccer, you can filter live betting odds by handicaps, first-half totals, and next goals.

Additionally, you can win money in real-time. Some games offer live bets that cash out before the end of the game. For example, it could be a first-quarter spread, the first goal in soccer, or the first touchdown in football.

Throughout the year, BetMGM offers live betting on dozens of sports and thousands of events.

Live Streaming

Live streaming of matches is possible through the BetMGM mobile app. Not only that, but bettors can also place in-play bets with this thrilling feature. With this exciting feature, you can watch the game and place a wager at the same time.

betmgm live streaming

Cash-out function

The BetMGM mobile app takes betting to another level. It brings the opportunity for its customers to cancel the wager in between the matches. The app will automatically estimate the cash-out value, i.e., the money bettor will get after canceling the wager.

Same Game Parlay

“Same game parlays” have gained popularity over the past few years after sportsbooks like FanDuel started offering them.

Fortunately, BetMGM does offer the same game parlays. They call them One Game Parlays, and you can bet on them with most major sports and leagues. With these, you can parlay multiple bets from the same game into a single parlay. For example, you could bet on the Dolphins +6.5, Under 44.5, and Tua Tagovailoa to pass for over 201.5 yards in a single parlay.

Other products by BetMGM - Casino & Poker

BetMGM Casino exclusive slot games

As of January, the BetMGM online casino is available to play in five US states, and its online poker product is legal in six. Nevada is the outlier: It allows online poker but not online casinos, so BetMGM isn't able to bring its virtual table games and slots to Sin City just yet.

Poker

It doesn’t come as a surprise to see that BetMGM also offers a poker section. It is powered by GVC Holdings, the company behind the famous Party Poker cardroom. BetMGM Poker uses the same modern software and gives players a good selection of cash games and daily tournaments with guaranteed prize pools.

Casino

BetMGM Casino is a premium gaming site available to players from the same accounts as the online sportsbook. Here users can take their pick from over 500 online casino games, including top slots, live dealer table games, and so much more. Customers can also benefit from special bonuses and promotions.

BetMGM Mobile App

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The BetMGM sports betting app is available for both Android and iOS mobile devices. It is straightforward to download and place a bet via the mobile betting platform.

The mobile betting platform for BetMGM has been heavily invested in. Below, we have broken down each section into the following:

  • Availability: The app can be accessed from both Android and iOS devices. Download the app from Google Play Store or iOS App Store.
  • Speed: The app runs at a good speed, but it's not better than that. There is a loading sign on pretty much every page you try to access, and some of those pages take a while to load. Strangely, both reliable Wi-Fi and relatively weak cellular connectivity showed the same load times.
  • Stability: Our testing hasn't shown any issues with stability. We would estimate an overall use of around 10 hours for this review, during which time it never crashed or froze.
  • Appearance:  While the app doesn't have the best aesthetics of those we have tested, it is very similar to their online platform in that it emphasizes function over style. Just a small negative mark, however, as we're more interested in other aspects of the sportsbook.
  • View/layout: The app has a great layout. There is a detailed menu at the top, along with the menu at the bottom of the page. You can access everything with just one hand.
  • Bet slip/building: The best bet slips are hidden on mobile until needed, exactly as it is here. It sits neatly in the bottom menu until you click on it. A small, non-intrusive pop-up will appear informing you that your bets have been added and are waiting for when you need them. How convenient!
  • Live betting: All live betting markets can be accessed via the app. The best thing about it is that it includes its brilliant match center, which provides real-time updates on each game.

How to download and install BetMGM app on Android

There is good news for Android users! You can now enjoy betting at BetMGM from the comfort of your phone. BetMGM is available on Playstore for fast download on Android devices. Follow these simple steps to install BetMGM app on your android phone:

  1. Go to the main BetMGM sports betting page;
  2. Click on the link to download for Android located at the bottom of the page.
  3. The link will then redirect you to the Google Play Store from where the app can be installed.
  4. Now tap on the BetMGM app icon and get started with the betting arena.

Minimum System Requirements for BetMGM Android App

Android Version8.0 or higher
PermissionThe app will need access to the device location
Age requirementUsers at least 17 years of age can download the BetMGM app
Download size15.74 MB

How to download and install BetMGM app on iOS

Betting has become easier than ever with the all-new iOS BetMGM application, which can be used for iPhones, iPods, and iPads. The app is highly secure, and you can get all betting services under a single platform. Follow the below-mentioned steps to configure BetMGM app for your iOS devices: 

  1. Visit the iOS app store;
  2. Search BetMGM Sportsbook app;
  3. Tap the install button to start installation on your device;
  4. Once installation is complete, you may launch the BetMGM app by tapping the icon.

Minimum System Requirements for BetMGM iOS App Version

iOS Version9.3 or higher
PermissionThe app will need access to the device location
Device compatibilityThe app is compatible with iPhone, iPod, and iPad
Age requirementsUsers at least 17 years of age can download the BetMGM app
Download size15.74 MB

State Availability

As it stands, you can place an online wager with BetMGM if you are located in New York, New Jersey, West Virginia, Illinois, Iowa, Indiana, Colorado, Tennessee, Pennsylvania, Michigan, Virginia, Wyoming, Arizona, and Louisiana. It does hold a mobile betting license in Nevada, but you must complete the registration process in person at a BetMGM Sportsbook in Las Vegas.

Washington DC joined the list of available areas in June 2021, though there are additional location restrictions to note. You can bet in Nationals Park, home of the Washington Nationals, or anywhere within a two-block radius of the stadium using the BetMGM app. If you're not near the ballpark, you won't be able to place a bet.

StateRetail PartnerLaunch Date
ArizonaGila River Hotels & CasinoNovember 2021
ColoradoMidnight Rose Hotel & CasinoMay 2020
FloridaN/ADecember 2021
IllinoisPar-A-Dice Hotel CasinoMarch 2022
IndianaBelterra Resort IndianaFebruary 2020
IowaDiamond Jo Worth CasinoJanuary 2021
LouisianaSam’s Town CasinoJanuary 2022
MarylandMGM National HarborDecember 2021
MichiganMGM Grand DetroitMarch 2020
MississippiBeau Rivage Resort & Casino and Gold Strike CasinoAugust 2018
NevadaMGM Resorts Las VegasMarch 2020
New JerseyBorgataAugust 2019
New YorkN/AJanuary 2022
OhioN/AOctober 2021
OregonSpirit Mountain CasinoAugust 2020
PennsylvaniaHollywood Casino MorgantownApril 2021
South DakotaTin Lizzie and Cadillac Jack's in Deadwood, S.DSeptember 2021
TennesseeN/ANovember 2020
VirginiaN/AJanuary 2021
WashingtonEmerald Queen CasinoDecember 2021
Washington D.C.The Washington NationalsJune 2021
West VirginiaThe GreenbrierJanuary 2020
WyomingN/ASeptember 2021

Given the size and resources of MGM, we would fully expect to see the brand explore all possible avenues for expansion. MGM is expected to make moves in other "sports betting states" shortly, including Massachusetts, Maryland, and Ohio.

Outside of the US, the prominent bookmaking brand is also expected to surface north of the border soon.

Banking Options

BetMGM has several methods for both deposits and withdrawals. The exact methods may vary by market, but there’s a good selection of options in each of the legal states in which it currently operates.

Deposit Methods

BetMGM Sportsbook supports deposits through a solid range of banking methods. Transactions are free, and the money is immediately made available in customers' accounts.

MethodMin DepositDeposit Time
Bank transfer$10Instant
Debit/credit card (Visa, Mastercard, Amex)$10Instant
PayPal$10Instant
BetMGM Play+ Card$10Instant
Cash (at physical sportsbook)$10Instant
Cash (via PayNearMe)$1015 mins
Skrill$10Instant

How to deposit at BetMGM Sportsbook

  1. Click the My Account button in the top right of the website or mobile app.
  2. Select My Balance.
  3. Click Deposit.
  4. Choose your deposit method.
  5. Enter the amount you want to deposit (at least $10 for most options) and follow the instructions to complete it. You will have to submit information such as bank account/routing number, debit/credit card numbers, or something else depending on the method you choose.
  6. Confirm the transaction. Your funds should be in your playing account within minutes.

Withdrawal Methods

Withdrawing funds is safe and secure, but not that fast. The security team will typically process users' requests within two banking days, but it can sometimes take up to three days to get approved.

MethodMin WithdrawalWithdrawal Time
Bank Transfer$20Up to 5 business days
Cash (at physical sportsbook)$20Instant
PayPal$20Up to 5 business days
Skrill$20Up to 5 business days
BetMGM Play+ Card$20Instant
Wire Transfer$20Up to 5 business days
Check$20Up to 5 business days

Customer Support

Users are encouraged to access the various help center resources on the site to get their answers. There are plenty of answers to questions about banking, promotions, and more on the site. Customers can contact the support team directly through live chat or email.

BetMGM recently added an official customer support Twitter account to its roster of supported channels. The page is monitored 24-hours a day and enables customers to live chat with BetMGM representatives.

  • Live chat: Available 24/7
  • Email: support.nj@betmgm.com
  • Phone: Not available
  • Support languages: English
  • Twitter: @BetMGMSupport

Responsible Gambling

BetMGM offers five different features for customers to keep playing responsibly from being or becoming a gambling problem.

  • Deposit Limit: Customers can set their limit on the amount they deposit, and BetMGM will prevent any deposit from exceeding the initially set amount.
  • Self Exclusion: Customers can voluntarily disqualify themselves from betting on BetMGM for the amount of time they specify. Customers have the option to lock their account from placing wagers or to lock their account altogether.
  • Limitation Of Losses: Customers can specify a maximum amount they are willing to lose in a set amount of time. Once that limit is reached, customers are stopped from placing wagers until the specified amount of time expires.
  • Time Limit Per Session: Customers can put a cap on the amount of time they can be logged in any given session.
  • Timeout/Cool Off: Customers can temporarily suspend their account for any period from 72 hours to 365 days.

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