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BetMGM Review

With features like competitive betting odds and seamless user experience, BetMGM has managed to carve out a solid reputation in the industry.

Frank Fleming
Author: 
Frank Fleming
20 mins
March 1st, 2024
Bet With Confidence
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Rating
9.8/10

As the online betting world continues to expand, sports enthusiasts and bettors alike are always on the lookout for reliable and user-friendly platforms. Among the top contenders in this space is BetMGM, a reputable sportsbook offering an impressive range of services to its users.

Founded as a joint venture between MGM Resorts International and Entain PLC, BetMGM offers a comprehensive suite of betting options, including live and in-play betting. The platform is known for its extensive coverage of various sports, including football, basketball, baseball, and soccer, making it an ideal choice for seasoned bettors and newcomers alike. Additionally, the platform takes user security seriously, implementing stringent measures to ensure a secure and trustworthy betting environment.

In this article, we will be delving deeper into what sets BetMGM apart from its competitors, looking at its pros and cons while reviewing its key offerings and services. This review aims to provide readers with a comprehensive understanding of BetMGM, allowing them to make informed decisions when choosing an online sportsbook for their betting needs.

BetMGM Betting Overview

What Is BetMGM?

BetMGM is a well-established online gambling and betting platform owned by Entain plc and MGM Resorts International. The platform offers a comprehensive range of options, including sports betting, casino games, and poker. BetMGM is renowned for its user-friendly interface, live streaming video, and busy promotional calendar.

Key Information About BetMGM Summarized in a Table

Category

Information

Ownership

Entain plc and MGM Resorts International

Sports Offered

Football, Basketball, Baseball, Soccer, Tennis, Golf, and more

Casino Games

Slots, Table games, Video poker, Live dealer games, and more

Poker

Cash games, Tournaments, Sit & Go, and Spin & Go

States Available

Indiana, Michigan, New Jersey, Pennsylvania, West Virginia, and more

Promotions

Welcome bonuses, reload bonuses, free bets, cashback, and more

User Experience

Clean design, streaming video of live events, Parlay Generator tool, and helpful guides

Mobile App

Feature-rich app, occasionally lags

BetMGM provides a comprehensive sportsbook, with offerings for a wide range of sports such as football, basketball, baseball, soccer, tennis, and golf. The platform is known for its quality and competitive betting odds. In addition to sports betting, BetMGM also offers online horse race betting options in states like Indiana.

The casino section on BetMGM stands out for its vast selection of games, including slots, table games, video poker, and live dealer games. This comprehensive offering caters to players of various interests and skill levels, ensuring an engaging and enjoyable experience for all.

Poker enthusiasts can enjoy BetMGM’s poker section, featuring cash games, tournaments, Sit & Go, and Spin & Go options. The platform is praised for its seamless playing experience, making it suitable for both beginners and seasoned poker players.

In terms of user experience, BetMGM is lauded for its clean design, streaming video of live events, and helpful Parlay Generator tool, which sets it apart from other online sportsbooks. The platform also offers a feature-rich app, which at times may lag, but overall provides a smooth and enjoyable experience for bettors on the go.

BetMGM Pros And Cons

Pros

BetMGM has many advantages when it comes to sports betting, making them a popular choice among users. Some key benefits include:

  • Betting Markets: BetMGM offers a large number of betting markets, ensuring that users have access to a wide array of sports and events to bet on.

  • Special Bets: The platform frequently provides special bets that are available for users to take advantage of regularly.

  • Live Streaming: BetMGM allows users to watch live sports, enhancing the user experience and making it easier for them to follow their bets in real-time.

  • Cash Out Feature: The platform has a cash out feature, which enables bettors to protect themselves and minimize losses by cashing out early.

Cons

Despite its strengths, BetMGM does have some drawbacks as well, such as:

Who Is BetMGM Best For?

BetMGM is an ideal choice for users who prioritize variety in their sports betting options, as the platform provides access to a large number of betting markets. Additionally, those who enjoy live streaming and value the ability to cash out early in bets would also benefit from using BetMGM. However, players who prioritize a substantial welcome bonus may wish to explore other options in the sports betting landscape.

BetMGM Legal Status And Regulation

Which States Is BetMGM Legal In?

BetMGM operates legally in various states across the USA, offering sports betting and casino gaming services. Here’s a list of states it’s currently licensed in:

  • Michigan

  • New Jersey

  • Pennsylvania

  • Colorado

  • Indiana

  • Iowa

  • West Virginia

  • Tennessee

  • Virginia

  • Arizona

  • Louisiana

Please note that the states’ list constantly expands as gambling regulations change nationwide. It is essential to verify BetMGM’s availability in your state before participating in any betting activities.

Who Regulates BetMGM And Does This Differ Per State?

Different regulatory bodies oversee the operations of BetMGM, depending on the location. As a sportsbook and casino provider, BetMGM is required to obtain licenses from state regulators in each state it operates. The regulatory bodies differ per state, ensuring that the services provided are in compliance with legal and ethical requirements.

Here’s an overview of some state regulators for BetMGM:

State

Regulatory Body

Michigan

Michigan Gaming Control Board

New Jersey

New Jersey Division of Gaming Enforcement

Pennsylvania

Pennsylvania Gaming Control Board

Though it operates under different regulators, BetMGM consistently maintains a high level of security, trust, and customer satisfaction across its platforms.

Promotions, Bonuses And Rewards

What Are The Promotions And Bonuses Offered By BetMGM?

BetMGM offers a variety of promotions and bonuses for its patrons. One of the most notable promotions is their welcome bonus which includes up to $1,000 back in bonus bets. This generous offer is a great way for new customers to get a head start on their sports betting journey. It’s essential to review the terms and conditions of these promotions to ensure eligibility.

Some popular BetMGM promotions include:

  • Risk-free first bet: Place your first real money bet with a minimum deposit of $10 and, if your qualifying bet loses, receive up to $500 back.

  • Wager $5 get $200: BetMGM offers a bet $10 get $200 in bonus bets offer, spread out over five installments of $50 each.

  • Ongoing promotions: BetMGM frequently offers special promotions for significant sporting events and a variety of other betting opportunities.

Does BetMGM Offer Rewards And Loyalty Programs?

Yes, BetMGM offers a comprehensive rewards and loyalty program designed to give back to its loyal users. These programs provide members with exclusive benefits and bonuses, giving them more reasons to continue betting on the BetMGM platform. Keep an eye on the BetMGM site for the latest updates on rewards and loyalty programs available to members.

Other Promotions Offered By BetMGM

In addition to the welcome bonus and loyalty programs, BetMGM also hosts a range of great promos for existing users. These promotions may include:

  • Deposit bonuses: Matched bonuses relevant to deposits made by users.

  • Free bets: Opportunities to place bets without having to use your own money.

  • Parlay boosts: Increased payouts for winning parlay bets.

Remember to check BetMGM’s website regularly for the most up-to-date and exciting promotions and offers.

Betting Odds And Markets

What Are The Odds Like With BetMGM?

At BetMGM, you can expect competitive odds that cater to a wide range of sports bettors. While not always the industry leader in terms of odds, BetMGM provides a solid offering that strikes a balance between attractive odds and maintaining an extensive and diverse betting market. Keep an eye on their live-betting odds, as they are known for offering some of the best in the industry1.

All BetMGM Sports Options & Betting Markets Reviewed & Compared

At BetMGM, you’ll find a comprehensive selection of sports and betting markets that cater to a variety of bettor preferences. Some of the popular sports covered include:

  • NFL

  • NBA

  • MLB

  • NHL

In addition to these popular leagues, BetMGM also covers a wide selection of international sports and niche interests. This makes it easier for bettors to find the markets they’re most passionate about. Here’s a brief analysis of the sports selection:

Sports Category

Available Options

Major American Leagues

NFL, NBA, MLB, NHL

International Competitions

Soccer, Tennis, Rugby, Formula 1, Golf

Niche Sports

Darts, MMA, Boxing, Cycling, eSports

With BetMGM, bettors have access to a variety of betting options, including pre-game wagers, live in-play betting, and futures. The platform offers a range of bet types, such as moneylines, point spreads, over/unders, parlays, teasers, and prop bets. This allows bettors to tailor their wagering strategy and get the most out of their experience on the platform.

Getting Started With BetMGM

How To Get Started With BetMGM?

To begin your journey with BetMGM, first, visit their official website and click on the “Register” button located at the top-right corner of the page. You will then be prompted to provide some personal details, such as your name, date of birth, address, and social security number. After verification, you will be able to make your first deposit and claim their welcome bonus.

  • User friendly registration process

  • Ensure accuracy of provided personal details for smooth verification

  • Take advantage of the welcome bonus to kickstart your betting experience

BetMGM Design and Layout

BetMGM sportsbook boasts an excellent user experience with a sleek and organized design that can be easily navigated by both beginners and experienced bettors. You will find popular sports and events prominently displayed, ensuring quick access to betting markets. The layout is also optimized for mobile devices, providing a seamless experience regardless of your preferred device.

Here’s a snapshot of the main features of the BetMGM design:

Feature

Description

Clear Categories

Easy-to-find sports and events for hassle-free navigation

Search Function

Quickly locate specific games, leagues, or teams

Bet Slip

Intuitive and organized bet slip for simplified bet placement

Live Betting

Accessible live betting options for in-play wagering

The interface prioritizes user experience, making it a joy to explore and use. With BetMGM’s design and layout, you can focus on what truly matters – placing bets and enjoying the thrill of online sports betting.

Deposit And Withdrawal Options

What Are The Deposit Options With BetMGM?

BetMGM offers a variety of deposit options for its users. These include:

  • Online bank transfer

  • Credit/debit cards (Visa, Mastercard, American Express)

  • PayPal

  • ACH/e-check

  • Play+ card

  • PayNearMe

Deposit Method

Processing Time

Online Bank Transfer

Instant

Credit/Debit Cards

Instant

PayPal

Instant

ACH/E-check

Instant

Play+ Card

Instant

PayNearMe

Instant

What Are The Withdrawal Options With BetMGM?

Withdrawal options at BetMGM are similarly diverse. Some of the most popular options are:

  • Online bank transfer

  • PayPal

  • ACH/e-check

  • Play+ card

  • Check by mail

Withdrawal Method

Processing Time

Online Bank Transfer

2-7 days

PayPal

2-7 days

ACH/E-check

2-7 days

Play+ Card

2-7 days

Check by Mail

7-14 days

Is There A Minimum Deposit To Bet At BetMGM?

Yes, there is a minimum deposit requirement at BetMGM—typically $10 for most deposit methods. This ensures that users can easily fund their accounts while maintaining responsible gaming practices.

How To Deposit Money To BetMGM?

Depositing money to BetMGM is straightforward and secure. Follow these steps:

  1. Log in to your BetMGM account or create one if you haven’t already.

  2. Click on the “Deposit” button on the top right corner or in the “My Account” section.

  3. Choose your preferred deposit method from the available options.

  4. Enter the amount you wish to deposit and any required information for the selected method.

  5. Confirm the deposit, and the funds should appear in your account instantly.

How To Withdraw Money From BetMGM And How Long Does It Take?

To withdraw money from BetMGM, follow these simple steps:

  1. Log in to your BetMGM account.

  2. Click on the “Withdrawal” button in the “My Account” section.

  3. Choose your preferred withdrawal method from the available options.

  4. Enter the amount you wish to withdraw and any required information for the selected method.

  5. Confirm the withdrawal.

Processing times for withdrawals vary depending on the method chosen, with online bank transfers, PayPal, ACH/e-checks, and Play+ cards typically taking 2-7 days, while checks by mail may take 7-14 days.

BetMGM Mobile And Desktop Experience

Does BetMGM Have An App?

Yes, BetMGM offers a mobile app for both Android and iOS devices. Users can experience the full range of BetMGM’s features such as sports betting, casino games, and promotions through the app. The app is designed to provide convenience and an enjoyable gaming experience for those who prefer to play on their smartphones or tablets. To download the app, visit the BetMGM website on your device and follow the instructions for your specific operating system.

BetMGM Desktop Vs Mobile Overview

Desktop Experience:

The BetMGM desktop platform provides a well-structured and visually appealing experience for users. The website is easy to navigate, with menus and options clearly displayed to help users find what they’re looking for. The compatibility with various devices such as desktops and laptops ensures that players can enjoy BetMGM’s offerings from the comfort of their home or office.

Mobile App Experience:

The BetMGM app is available for both Android and iOS devices, and is built to offer a fulfilling and intuitive experience for users. The app features a user-friendly interface and smooth performance, making it easy for players to place bets and enjoy their favorite casino games on the go. According to reviews, the app is the most convenient option for BetMGM players as it allows for betting and gaming from anywhere at any time.

In summary, BetMGM offers a strong mobile and desktop experience for its users through both its website and mobile app. Players can expect easy navigation, attractive design, and reliable performance on both platforms. Whether using a desktop computer or a mobile device, BetMGM customers can have an enjoyable and seamless gaming experience.

Customer Service And Support

BetMGM Customer Service Details In The US

BetMGM provides a variety of customer service options to its clients in the United States. These options include email, live chat, and phone support. The most efficient method of receiving assistance is via BetMGM’s 24/7 live chat channel. This allows customers to instantly communicate with a representative and resolve their queries quickly.

Phone support is also available, providing an alternative for those who prefer to discuss their concerns directly with a customer service agent. There is no phone number listed on the website, but users can request a callback from a customer service agent.

Email support is another option offered by BetMGM. Customers can reach out with their questions or concerns and expect to receive a response in a timely manner.

Contact Method

Availability

Live Chat

24/7

Phone

24/7

Email

24/7

BetMGM Online Reviews From Trustpilot (Summarized)

BetMGM’s Trustpilot page offers reviews from real users that help paint a picture of their customer service quality. From the available Trustpilot reviews, the general consensus indicates some mixed experiences.

One user reported difficulty with free spins and bonuses, making it nearly impossible to find where to contact customer service. However, it is important to remember that customer experiences may vary, and this particular issue might not reflect the overall performance of BetMGM’s customer support.

In contrast, other reviewers have praised BetMGM’s customer service, specifically mentioning the customer support’s presence on social media platforms, such as their Twitter account. This further demonstrates the company’s dedication to providing assistance and ensuring customers feel heard and supported.

While the feedback from Trustpilot provides a glimpse into customer experiences, it should be considered alongside other factors when evaluating BetMGM’s customer service and support.

Security And Responsible Gambling

BetMGM Safety & Security For Gamblers

BetMGM is committed to providing a safe and secure environment for its users. The platform employs advanced security measures, such as SSL encryption, to protect sensitive user information and financial transactions. Furthermore, the casino operates under strict licensing and regulations, which ensures fairness and integrity in its games and services.

Here are some features that help ensure safety and security:

  • SSL encryption for data protection

  • Licensed and regulated by state gaming authorities

  • Regular audits by third-party organizations

BetMGM Responsible Gambling Measures

BetMGM prides itself on promoting responsible gambling and offers various tools and resources to help users manage their gambling behavior. These include:

  1. Self-exclusion: Users can request a temporary or permanent self-exclusion from the platform.

  2. Deposit limits: Players can set daily, weekly, or monthly deposit limits to manage their spending.

  3. Time-out reminders: Users can receive regular reminders to take breaks during their gaming sessions.

In addition, BetMGM provides links to organizations that offer support for individuals struggling with gambling addiction, such as:

  • National Council on Problem Gambling

  • Gamblers Anonymous

  • Gam-Anon

BetMGM KYC Process

To ensure compliance with regulatory requirements and prevent fraud, BetMGM has implemented a Know Your Customer (KYC) process for its users. This process involves verifying the identity of users by requesting certain documents, such as:

  • A government-issued photo-ID (passport, driver’s license, or national ID)

  • Proof of address (utility bill, bank statement, etc.)

The KYC process helps BetMGM maintain a secure platform and protect its users from potential fraud and illegal activities 5. By prioritizing security and responsible gambling practices, BetMGM upholds its reputation as a reliable and trustworthy gaming platform.

Background Information And Alternatives

Is Anything Hidden In BetMGM Terms And Conditions?

In the BetMGM terms and conditions, users should be aware of a few key points:

  • Users must be at least 21 years old and located in a state where BetMGM is legally authorized to operate.

  • Bonuses and promotions are usually subject to specific terms. For example, the first bet offer for up to $1000 requires a minimum deposit of $10, and users have seven days to claim the bonus.

  • Users should also note that BetMGM reserves the right to refuse or close an account at their discretion.

BetMGM Owner Background Information

Entain, which owns BetMGM in partnership with MGM Resorts International, was formerly known as GVC Holdings. Entain is one of the world’s leading sports betting and gaming operators, offering both online and retail betting services. BetMGM is the official mobile betting app of MGM Resorts International, a globally recognized land-based casino operator.

Top 3 BetMGM Alternatives For Sports Betting

In addition to BetMGM, other top sports betting providers can be considered by users. Here are three popular alternatives:

  1. DraftKings Sportsbook: A reputable online sportsbook platform known for daily fantasy sports. They offer competitive odds, promotions, and a user-friendly interface. DraftKings is legal in various states, allowing players to bet on a wide range of sports.

  2. FanDuel Sportsbook: Another popular platform that started in daily fantasy sports and expanded to online sports betting. FanDuel offers a sleek user interface, a variety of betting markets, and frequent promotions for new and existing users.

  3. PointsBet Sportsbook: An Australian-based sportsbook that gained popularity in the US market. PointsBet offers a unique “PointsBetting” system, which allows bettors to win or lose based on the accuracy of their bets. The platform also features competitive odds and various promotions.

Provider

Website

Notable Features

DraftKings

https://www.draftkings.com/

Competitive odds, daily fantasy

FanDuel

https://www.fanduel.com/

Sleek interface, variety

PointsBet

https://www.pointsbet.com/

Unique “PointsBetting” system

Final Thoughts

Is BetMGM A Good Choice For You?

BetMGM Casino has established itself as a legitimate and safe choice for online gambling enthusiasts. The platform boasts a fantastic welcome bonus of up to $1000 and has a minimum deposit requirement of just $10. This makes it an appealing option for both beginners and seasoned players.

In addition, BetMGM offers a wide variety of sports betting markets, providing a diverse selection of international and major North American sports. The live streaming platform is another highlight, making it easy for users to engage with live events.

However, there are a few drawbacks worth considering. The user-interface, though functional, can feel a bit dated and plain. Some users have also reported occasional technical issues during their betting experience. Despite these minor setbacks, BetMGM remains a solid option for those looking to enjoy online gambling and sports betting.

Key Features:

  • Great welcome bonus worth up to $1000

  • Minimum deposit of $10

  • Impressive live betting features

  • Wide range of payment methods

  • Licensed and regulated

In terms of user accessibility, BetMGM is available in over 20 U.S. states and its user-friendly platform is driven by technology. The platform’s multi-jurisdictional approach acknowledges the varying preferences of players across different regions.

To sum it up, BetMGM Casino is an attractive choice for online gambling enthusiasts. Its generous bonuses, vast game selection, and user-friendly interface make it a competitive contender in the world of online casinos. However, users should be prepared for the possibility of occasional technical issues and an outdated user-interface during use.

Frequently Asked Questions

Is BetMGM a reliable site?

Yes, BetMGM is a reliable site. It has received high ratings for security and trust, with a 4.4 out of 5. The platform is part of MGM Resorts International, a well-known land-based casino operator. It offers a technology-driven and user-friendly betting experience for its users.

Does BetMGM offer real money payouts?

BetMGM does offer real money payouts. Users can place bets on various sports events and competitions and, if successful, withdraw their winnings. The platform has a 4.2 out of 5 rating for deposits and withdrawals, providing secure and efficient transactions for users.

How does BetMGM compare to FanDuel?

Both BetMGM and FanDuel are reliable and well-known online sportsbooks, each providing a range of sports betting options for users. BetMGM is particularly recognized for its user experience, featuring live event streaming and a helpful Parlay Generator tool. It’s noted as having one of the best interfaces among online sportsbooks. FanDuel, on the other hand, is popular for its daily fantasy sports and has a large user base. The choice between the two will largely depend on personal preferences and betting needs.

Which is better, DraftKings or BetMGM?

There is no definitive answer as to which sportsbook is better between DraftKings and BetMGM, as it depends on individual user preferences. Both platforms have their merits, offering a wide range of sports events and betting options, attractive promotions, and reliable customer support. Ultimately, bettors should consider their own betting habits, preferences, and needs when choosing between the two platforms.

Is BetMGM allowed in the USA?

BetMGM is legal and available in over 20 U.S. states. However, the platform’s operations and sports coverage may vary, depending on each state’s individual regulations. Potential users should check their local sports betting laws and BetMGM’s website to determine whether they can access the site in their state.

What are BetMGM’s deposit limitations?

Deposit limitations on BetMGM can vary depending on the deposit method used and individual user account restrictions. It’s important for users to verify their accounts, as this may influence their deposit and withdrawal limits. Users should check the BetMGM website for detailed information on deposit limitations, as these may change over time and between different account types.

Author

Frank Fleming
Frank Fleming founded the Sports Ecyclopedia in 2001 & is a passionate Devils fan.