
BetMGM
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BetMGM Review
BetMGM is the online sportsbook of MGM Resorts, run as a joint venture with Entain since 2018 out of Jersey City. It is live in 22 states plus Washington DC and Puerto Rico, with an online casino and poker room in Michigan, New Jersey, Pennsylvania and West Virginia, and its loyalty points can turn into hotel rooms and show tickets at MGM resorts.
This review covers the first bet welcome offer, the features worth knowing about, banking and where you can play.
BetMGM Sportsbook review
New customers: Up to $1,500 in Bonus Bets Paid Back if Your First Bet Does Not Win
- Open an account and deposit at least $10.
- Place a first real-money bet of $10 to $1,500 on any market.
- If it loses, the full stake comes back as Bonus Bets within 24 hours of settlement.
- A losing stake under $50 returns as one Bonus Bet. A stake of $50 or more returns as five equal Bonus Bets.
- Bonus Bets carry a 1x playthrough and expire 7 days after they are issued.
- Available in AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, MO, NC, OH, TN, VA and WY.
- In MI, NJ, PA and WV, new customers instead get $150 in Bonus Bets if their first $10 bet wins.
- Must be 21+. New customers only.
Click HERE to claim the BetMGM welcome offer
BetMGM best features
The first bet offer is the headline, but these are the reasons people stick with the app afterwards.
BetMGM Rewards and MGM Rewards
You are enrolled in BetMGM Rewards automatically when you open an account, and every sportsbook and casino wager earns points. Points can be redeemed for Bonus Bets, and they also count as Tier Credits in MGM Rewards, the loyalty program at MGM properties. Climb from Sapphire through Pearl, Gold and Platinum and the perks include room rates, dining and show tickets at MGM resorts.
Odds boost tokens
BetMGM posts daily odds boosts and hands out parlay and Same Game Parlay boost tokens, along with regular second chance and parlay insurance promos. Once you have joined BetMGM, the promotions tab is worth a look every day.
Parlay+ and Same Game Parlay
Build a Same Game Parlay from one game or combine several SGPs across games with Parlay+. Prebuilt parlays and the Easy Parlay builder cover you on a busy Sunday when there is no time to pick legs one by one.
Edit My Bet and Cash Out
Edit My Bet lets you change selections, add legs or raise the stake on a bet that is already open, something few apps allow. Cash Out, including partial cash out on eligible markets, lets you settle early and bank some profit when a ticket is going well.
Deep market menu with live streaming
A single NFL game can carry more than 450 markets, including alternate lines and player props on backups. The app streams select sports free, including MLB, NBA, NHL, tennis and soccer, and runs shot-by-shot in-play markets on the PGA Tour.
Pros and cons of BetMGM
Here is what we like about BetMGM, and two small things to keep in mind.
Pros
✅ First bet protected up to $1,500 with Bonus Bets paid back within 24 hours
✅ Loyalty points convert to MGM Rewards perks at resorts nationwide
✅ Edit My Bet and partial Cash Out on open wagers
✅ More than 450 markets on a single NFL game
✅ PayPal, Venmo and debit withdrawals usually clear within 24 hours
Cons
❌ Bonus Bets expire 7 days after they are issued, so use them that week
❌ The welcome offer differs by state, with a $150 version in MI, NJ, PA and WV
How to get started with BetMGM
- Click HERE to open your account.
- Enter your name, date of birth, address and the last four digits of your SSN for identity checks.
- Download the BetMGM app for iOS or Android, or use the desktop site.
- Allow location access so BetMGM can confirm you are in a licensed state.
- Deposit at least $10 by debit card, PayPal, Venmo, Apple Pay or online banking.
- Place your first bet of $10 to $1,500 on any market.
- If it loses, your Bonus Bets land within 24 hours. Use them within 7 days.
What can you bet on with BetMGM?
BetMGM covers the standard bet types with a deep list of props and alternate lines.
Moneyline: Pick the team or player to win outright.
Point spread: Bet on a team to cover a set margin.
Totals: Wager on whether the combined score goes over or under the posted line.
Same Game Parlay: Stack legs from one game, or combine several SGPs with Parlay+, on one ticket.
Player props and alternate lines: Back a player over or under a stat line, or take a different spread at adjusted odds.
Sports covered by BetMGM
The big American leagues are all here, and the overseas coverage is broad enough to include darts and table tennis.
- Baseball
- Basketball
- Boxing
- College basketball
- College football
- Darts
- Football
- Golf
- Hockey
- MMA
- Motorsports
- Soccer
- Table tennis
- Tennis
Banking at BetMGM
The minimum deposit is $10. After you open an account you can fund it with a Visa or Mastercard debit card, a credit card where permitted, online banking through Trustly, PayPal, Venmo, Apple Pay, the Play+ prepaid card, VIP Preferred e-check, PayNearMe cash, a BetMGM gift card, bank wire or cash at an MGM casino cage.
Withdrawals are paid through PayPal, Venmo, Apple Pay where supported, debit card, online banking, VIP Preferred, Play+, the casino cage or a mailed check. PayPal, Venmo and debit payouts usually arrive within 24 hours and online banking takes 2-3 business days. The minimum withdrawal is $10.
Where is BetMGM available?
BetMGM Sportsbook is live in 22 states plus Washington DC and Puerto Rico, and BetMGM Casino runs in Michigan, New Jersey, Pennsylvania and West Virginia. The app checks your location, so you must be inside one of these places to bet. Nevada requires in-person sign-up at an MGM property.
- Arizona
- Colorado
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Missouri
- Nevada
- New Jersey
- New York
- North Carolina
- Ohio
- Pennsylvania
- Puerto Rico
- Tennessee
- Virginia
- Washington DC
- West Virginia
- Wyoming
Sign up here to get started.
FAQs
Can I use BetMGM on my phone and my computer?
Yes. There are iOS and Android apps, and the desktop site carries the same markets and the same balance.
Is BetMGM safe and regulated?
Yes. BetMGM holds a license from the gaming regulator in every state where it operates, and it is owned by MGM Resorts International and Entain, both publicly listed companies.
Do I pay tax on winnings?
Yes. Sports betting winnings are taxable in the US. BetMGM sends a tax form for bigger wins, and the rest is on you to report.
How old do I need to be?
You must be 21 or older to bet with BetMGM in every state where it operates.
How fast are BetMGM payouts?
PayPal, Venmo and debit card withdrawals usually arrive within 24 hours. Online banking takes 2-3 business days.
What happens if my first bet wins?
You are paid in cash like any other winning bet. The Bonus Bets only kick in if the first bet loses, which is why it makes sense to use the offer on a bet you would have placed anyway. Ready to go? Click here to claim Up to $1,500 in Bonus Bets Paid Back if Your First Bet Does Not Win.
21+. Gambling problem? Call 1-800-GAMBLER.
Key Points
- Up to $1,500 in Bonus Bets Paid Back if Your First Bet Does Not Win
- Minimum deposit: $10
- First bet of $10 to $1,500 refunded as Bonus Bets if it loses
- Bonus Bets arrive within 24 hours, 1x playthrough
- Bonus Bets expire 7 days after issue
- MI, NJ, PA and WV: bet $10, get $150 in Bonus Bets if your first bet wins
- iOS app, Android app and desktop site
- Live in 22 states plus DC and Puerto Rico
- Online casino in MI, NJ, PA and WV
- BetMGM Rewards points convert to MGM Rewards tier credits
- PayPal, Venmo and debit payouts usually within 24 hours
- Minimum age: 21+