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DunkOrThree > BetMGM Review

BetMGM Sportsbook Review 2024: In-Depth Analysis and Legitimacy Check

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BetMGM Sports
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4.6/5
  • Excellent variety of sports
  • Live streaming available
  • Cash Out feature
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Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
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Imagine an online sportsbook offering a great choice of sports and betting markets, that you can easily carry around in your pocket. As my BetMGM review demonstrates, that’s just one of your options with this comprehensive sports betting platform.

Available on big and small screens, BetMGM sports betting is tailored to suit all types of bettors, with an easy-to-use interface and plenty of help and support available when it’s needed. There’s a welcome bonus to kick-start your wagering experience, with plenty of bonuses to look forward to, including the renowned BetMGM Rewards program.

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BetMGM sportsbook and casino
BetMGM Sportsbook: Pros & Cons
  • Great variety of sports
  • Live betting and streaming
  • Apps available for Android and iOS
  • 24/7 customer support
  • Withdrawals aren’t the fastest
Payment Methods
PayNearMe
Skrill
PayPal
+
License
Virginia (US) Lottery Board
Award
GGA - Digital Operator of the Year (2023)
Withdrawal
0 – 3 Days
Company
MGM Resorts International
Founded
2018
Website
betmgm.com
Available Languages
EN
Customer Support
Email Support
Phone
(800) 522-4700
Overall Rating
4.6/5
  • Bonus Offers & Free Bets
    4.4/5
  • Usability, Look & Feel
    4.2/5
  • Mobile App
    4.8/5
  • Payment Methods
    4.8/5
  • Customer Service
    4.5/5
  • Licence & Security
    4.7/5
  • Rewards & Loyalty Program
    4.6/5
Payment Provider Deposit min/max Deposit time Withdrawal time Safety Approval rate
PayNearMe instant high
Skrill 1 days high
PayPal instant 1 days very high High
Bank Transfer instant 2 - 3 days very high
VIP Preferred instant 2 - 3 days high
Play+ at most 10000€ instant 1 days high
Discover instant high
Visa instant 1 - 3 days high
Mastercard instant 1 - 3 days high
Applepay instant very high
American Express instant high
Wire Transfer instant high
Cash instant instant low risk
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User Rating
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1 Star
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Last Updated on 25.10.2024
Fact checked by: Emily Carter

A bonus offer for every new customer at BetMGM

I’m always on the lookout for the best sportsbook promotions, so before diving deeper into my BetMGM sportsbook review I took some time to check out the introductory offer for new signups. All sports betting sites aim to make new customers feel welcome – and they’re all hoping to stand out from the crowd a little too. Welcome offers at online sportsbooks usually involve one or more of the following:

  • Deposit match bonuses.
  • No deposit bonuses.
  • Bonus bets.

Right now, the welcome bonus at BetMGM comes in the form of bonus bets worth up to $158. No promo codes are required to activate the offer, so the only requirement is to register for your brand new account, make a deposit of at least $10 and bet $5 on the sport of your choice. It makes no difference whether your qualifying bet wins or loses, you’ll still receive your bonus bet. You’ll then have 7 days in which to use your bonus bet credits, which award only the winnings – if any – but not the stake itself.

BetMGM
Sports Welcome Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply, 21+
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How to sign up for a BetMGM account

You know what it’s like when you’re ready to back your favorite team while making full use of a great bonus promotion. The less time you need to spend on setting up your new player account, the more time you have to check over the statistics – and your wagering options too. So I was delighted when my BetMGM review led me to an easy and straightforward registration process;

  • Click or tap on the Register button to bring up the registration form.
  • Fill in your name, email address and date of birth.
  • Create an account name and a unique password.
  • Input your address, phone number and SSN.
  • Create two security questions and answers.

Once your details have been confirmed you can make your first deposit, wager $5 on the event of your choice and claim your $158 in bonus bets.

Sports Bonus
4.6/5
BetMGM
Sports Bonus
4.6/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Welcome Bonus
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T&Cs apply, 21+
Go to BetMGM
Get Bonus

A great-looking sports betting platform that’s easy to use

To give you a taste of what lies ahead in this BetMGM sportsbook review, I’ve highlighted the standout features that you really need to know about.

Live streaming

The ability to watch sporting events in real time adds extra layers of insight into gameplay, with the chance to place bets that allow you to capitalize on the latest odds. Once you’re logged into your BetMGM account you can tap on the Media menu just above your bet slip and check out the live stream, where available. There’s an option to keep an eye on the latest games stats too, so you’ll have plenty of useful information at your fingertips.

Cash Out 

We’ve all experienced the pain of watching things go terribly wrong at a sporting event, and it’s uniquely dispiriting to watch what seemed to be a sure-fire wager suddenly  head south. The Cash Out feature at BetMGM, which is available for some fixtures, lets you minimize losses by cashing out early. It’s a great way of safeguarding winnings too, if you’re not confident about the final outcome. It also gives an instant boost to your account balance, so you can wager again without having to make a further deposit.

One Game Parlays 

Players who are up for big potential payouts with longer odds will appreciate the opportunity to place same-game parlays at BetMGM. Simply choose your sport and fixture, and look for the One Game Parlay tab, which will only appear when the feature is available. Then it’s just a matter of picking out your preferred options from the menu, to build your own bespoke parlay bet. You’ll need to win every wager to win a payout, but the prospect of bigger rewards makes this type of wagering exceptionally attractive to bettors.

Casino and poker

It’s my BetMGM sportsbook review that you’re here for, but just in case you’d like to while away some time waiting for your next match to start, it’s good to know that there are casino games available in some states too. BetMGM has separate platforms for its casino and poker provision, but all of them are accessed by one single account. In addition to top slot machines and table games, there are virtual sports too, and daily poker tournaments, so there’s something here for every type of bettor.

Generous bonuses and rewards

Odds Boost tokens and Parlay Boost tokens are just two of the special bonuses you can look forward to at BetMGM. In addition to regular and seasonal promotions, all players can benefit from the BetMGM Rewards program, which comes with a raft of benefits, including discounts for hospitality and special events at BetMGM Resorts.

BetMGM is a reputable sports betting platform

MGM Resorts joined forces with the mighty Entain group in 2018, resulting in the BetMGM brand. The following year the Entain sportsbook was incorporated to create the initial BetMGM sports betting platform. Operating out of its offices in New Jersey, BetMGM is a recognized name with a solid reputation in the industry, scooping the following awards in 2023 alone:

  • Digital Operator of the Year – Global Gaming Awards Las Vegas.
  • Winner in the Heavy Hitter category – Benzinga Titans Sports Betting Awards.
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BetMGM TrustPilot Reviews
  • Immediate sign-up bonuses
  • Withdrawals within hours
  • Helpful customer support
  • Great betting boosts

Players appreciate all that BetMGM has to offer

I took time to check out BetMGM sportsbook reviews and ratings left by current and former customers. There were a lot of extremely positive comments, particularly at Google Play and Apple Store, where the apps received ratings of 4.1 and 4.8 respectively.

Bearing in mind that it’s usually unhappy players who tend to leave reviews, I made a point of examining complaints in closer detail. Negative comments about withdrawal issues invariably involve players who fail to complete the necessary legal verification checks, or who are violating the platform’s terms and conditions.

It’s also worth noting that BetMGM makes a point of addressing comments directly, which is an indication of a proactive betting platform that puts customer needs to the forefront.

An easy and intuitive BetMGM sports betting experience

New signups at BetMGM who want to get straight down to placing parlay bets or checking out the underdogs will be able to get started without the need for any explanation. Even if you’re a newbie, you’ll easily be able to place a wager – just select your sport from the navigation bar or A-Z menu, tap on your selection, choose your bet from the options displayed and tap on the bet slip

If you’re not sure what a parlay bet is, or you’re unfamiliar with the concept of Round Robin bets, BetMGM offers help in the form of betting guides and a glossary of betting terms, so you’ll soon be working on your One Game Parlays as though you’ve been doing them forever.

BetMGM apps available

The website designers at BetMGM have one eye firmly on the future, so it’s no surprise to find that the sports betting platform is fully mobile responsive. The one thing you’ll need to be aware of, if you choose to access the site via your mobile browser is that you’ll need to install the Geoguard app first – BetMGM is legally obliged to check the exact location of all players, due to the lack of consent across states in terms of  online sports betting.

If you’re usually going to be accessing the sportsbook on your mobile or tablet, the BetMGM betting app is available for Android and iOS devices. You’ll have full access to the complete BetMGM collection of wagering opportunities available in your state – but note that each app is state specific, so you’ll need separate downloads if you travel between states offering the BetMGM sports betting service.

Payments to suit everyone at BetMGM

The minimum deposit requirement at BetMGM is just $10, with a good range of options for making payments, including Mastercard, Visa, PayPal, Apple Pay, Venmo and bank wire transfer. Transactions are usually instant, and BetMGM won’t charge you any fees.

A slight disappointment is the length of time required by BetMGM staff to process withdrawal requests, which could take up to 5 days. In my experience, it’s well worth taking the time to undertake all necessary verification checks well in advance of any withdrawal requests, as that can speed up the process considerably. Once approved, payments can take up to 3 days to reach your personal account, depending on the method chosen.

Great BetMGM customer service

If you find yourself in need of any support, there’s plenty available at BetMGM. It starts with a really comprehensive Support Center, packed with useful information about your account, payments, technical issues and even guides to betting. If you can’t find your answer there, the support team is on standby 24/7 with contact options that include email and a live chat service.

BetMGM is licensed and secure

Of course, you’ll want reassurance that BetMGM is legit, so the next step was to check out the licenses. Each state has its own regulatory body overseeing the issuing of sports betting licenses, and I’m happy to confirm that BetMGM really is one of the top legal sports betting sites. As such, it holds all necessary certification issued by industry regulators including the New Jersey Division of Gaming Enforcement (DGE) and the Pennsylvania Gaming Control Board (PGCB).

Data security is another important issue, so the platform maintains the most up-to-date Tls 1.2 protocols. Top-level encryption ensures your data, including financial information, is protected at all times, while player funds are always held in secure and separate bank accounts.

Virginia (US) Lottery Board
New Jersey (US)
Pennsylvania (US)
Michigan (US)
Colorado (US)
+ 18

Overview of states where BetMGM sportsbook is available

My BetMGM review has identified the following states where you can sign up and place sporting bets:

  • Arizona
  • Colorado
  • District of Columbia
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Mississippi
  • Nevada
  • New Jersey
  • New York
  • Ohio
  • Ontario
  • Pennsylvania
  • Puerto Rico
  • Tennessee
  • Virginia
  • West Virginia
  • Wyoming.

Ongoing bonuses and BetMGM Rewards

There are always plenty of bonuses at BetMGM, including odds boosts and parlay boosts, but it’s the BetMGM Rewards that are the standout attraction for loyal players. All MGM betting, whether it’s at a land-based resort, or the online sportsbook, casino and poker platforms, leads to MGM Rewards. Collect points to exchange for some incredible rewards, including hospitality and discounted events at a BetMGM Resort – it’s no surprise that it’s proved to be such a firm favorite with players!

Similar sportsbooks to BetMGM

If you’re looking for other sports betting sites similar to BetMGM, I suggest you take a look at FanDuel and DraftKings. Both platforms adopt a mobile-first approach, with easy interfaces that make them suitable for all levels of bettors – and all available in a format you can carry around in your pocket.

The table below represents further sportsbooks worthy of investigation. Check it out to see how BetMGM compares to its closest rivals. Please note that the region in which you live can have an affect the sites shown on the table and whether the table shows at all. If sports betting is not legal in your state, you may be able to find a suitable Daily Fantasy Sports site instead.

Main sports to bet on at BetMGM

I found all the main sports available to bet on during the course of my BetMGM review, with plenty of basketball options, including:

  • NBA
  • College basketball
  • WNBA
  • Women’s college basketball
  • FIBA Champions League
  • Euroleague.

But that’s just the tip of the iceberg, with a diverse range of sporting events also available, such as NFL, NCAAM, NHL, MLB, NCAAF, along with soccer, Formula 1 and NASCAR. There’s something to suit all sporting tastes, with everything easily accessible from the Home page.

A good variety of betting markets

The main betting options according to my review of BetMGM are:

  • Straight bets with one pick.
  • Parlay bets with two or more picks.
  • Round Robin bets with three or more picks.

Bet types include money lines, point spreads and totals during each quarter, half or period. Combine bets for teasers or parlays, which are a riskier option, but they could lead to bigger potential payouts if your predictions are on point.

American odds at BetMGM

BetMGM offers American odds only for US players, so you’ll need to use an online conversion tool if you prefer decimal or fractional odds. The sportsbook often offers better odds than some of its competitors, but markets vary, so it’s always wise to double check for specific events. Look out for frequent odds boosts up to 25%, and be sure to take advantage of markets offering a little extra juice. If there’s a fixture you’d like to wager on that isn’t currently available at BetMGM, the customer support team will be happy to investigate on your behalf to see if that option could be added for you.

Live betting and streaming available 

The live betting and streaming features are a real highlight of my BetMGM sportsbook review, with intuitive menu tabs that make it easy to track down all your options. Once you’ve selected your fixture, tap on the Media button just above your betslip. This gives you options to watch real-time visualizations, live-streamed gameplay and access to the latest statistics. Some matches offer a Cash Out option too, so you can take advantage of events as they unfold.

Set your own BetMGM limits

BetMGM is committed to Responsible Gaming and encourages all players to take full advantage of their wagering from within their account settings. I discovered easy options for setting daily, weekly and monthly deposit limits, ensuring that we can all set out a gaming budget that we can stick to.

Requests to decrease limits take place straight away, but there’s a 24-hour cooling-off period if you’d like to increase limits, ensuring none of us can get caught up in the heat of the moment. If you feel you’re spending too much time on the platform, the customer support team will help with arranging a period of Time Out, or self-exclusion.

BetMGM sportsbook review summary

Now that my BetMGM review is drawing to a close, I hope I’ve given you all the info you need to decide for yourself whether it’s a sportsbook you’d like to investigate further. I can confirm that BetMGM is legit, giving access to an impressive variety of sports and betting markets, with odds that compare favorably against other top sports betting platforms.

The live betting and streaming provision is really outstanding, making this a great option if you like to feel as though you’re a part of the action – it’s the next best thing to being there – except it’s so much easier to place bets in real time. The introductory offer is designed to show off the best of what BetMGM has to offer, so be sure to check for a BetMGM promo code before you register – which could add even more bangs to your first deposit bucks!

Sports Bonus
4.6/5
BetMGM
Sports Bonus
4.6/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
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T&Cs apply, 21+
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BetMGM review FAQ

❓ Is BetMGM legit?

It certainly is, holding numerous individual state licenses, as my BetMGM review explains. Discover the sports betting markets, the standout features and a breakdown of the pros and cons. Everything you need to know is here, including information about a bonus bet offer for new customers.

🔍 Where can I find an honest BetMGM sportsbook review?

Right here, where my insightful BetMGM review highlights the disadvantages as well as all the good points. It makes choosing and using your new online sportsbook so much easier – but then, that’s the point of Dunkorthree.com!

🌎 Is BetMGM available in all states?

No, there are quite a few restrictions, but that’s entirely down to individual state laws governing access to online sports betting platforms. My comprehensive BetMGM sportsbook review here at Dunkorthree.com has the full list of available states, as well as all the info you’ll need to decide whether this could be your perfect online sports betting site.

Conclusion of my BetMGM review

BetMGM is an extremely reputable sports betting platform with a name that holds weight in the industry, which is always reassuring for customers. It’s kind of disappointing that withdrawal requests could take up to 5 days to process, but as I’ve explained, early and full verification should help to speed the process along.

The overall conclusion of my BetMGM sportsbook review is that this is a platform suitable for all types of bettors, from seasoned pros to inexperienced newbies. But whichever camp you fall into, the bonus bet offer applies to absolutely everyone, with a wide choice of sports betting options that cater for all tastes – and budgets too.

BetMGM Sports
4.6/5
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Highlights
  • Excellent variety of sports
  • Live streaming available
  • Cash Out feature

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BetMGM Sports
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4.6/5
  • Excellent variety of sports
  • Live streaming available
  • Cash Out feature
BetMGM Sports Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
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BetMGM Bonus Details
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Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Type: Welcome Bonus
Requirements (WR): -
Min. Deposit: $10
Cashable: No
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