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BetMGM Review

Joey Shadeck

Joey Shadeck | March 8th, 2021

Make no mistake, despite being a casino-based brand, MGM is all-in on online sports betting. The BetMGM app provides users with a wide collection of sports and bets to wager on, in addition to a full suite of casino and poker games.

Pros and Cons for 2021

After testing 20 online sportsbooks for our 2021 review, here are our top findings on BetMGM:

  • BetMGM’s flexibility allows users to quickly place, edit, and look up an abundant variety of bets (especially prop bets) to make.
  • The new-customer promotion is a risk-free bet of up to $600 is a highlight of BetMGM’s slate of promotions for new and existing bettors.
  • Our main knock is that educational content and customer support is buried deep in the app.

Supported states: Colorado, Indiana, Michigan, Nevada, New Jersey, Pennsylvania, Tennessee, and West Virginia.

Casino: BetMGM offers online casino games in Michigan, Nevada, New Jersey, Pennsylvania, and West Virginia. The roster consists of 123 slot games, virtual table games (such as roulette and blackjack), and virtual poker. (Note: This review focuses on sports betting and not online casino games.)

Poker: BetMGM is one of the few online sportsbooks to host online poker against real players. This feature is currently available only in Michigan, New Jersey, and Pennsylvania. Available games include Texas Hold’em, Omaha, Omaha Hi/Lo, Seven Card Stud, and Seven Card Stud Hi/Lo. Daily tournaments are available, as well as Sit n’ Go tables. (Note: This review focuses on sports betting and not poker.)

Overall Summary

FeatureBetMGM
Overall 4 Stars
Sports & Bets Offered 4.5 Stars
Odds 2.5 Stars
Live Betting 4 Stars
Mobile Betting 4 Stars
Bonuses & Promotions 4.5 Stars
Education 3.5 Stars

Sports and Bets Offered

BetMGM sure isn’t stingy when it comes to the variety of bets it offers. On any given game — and for most sports — there are dozens of prop bets readily available. Odds boosts are also plentiful, and numerous features are available with the sole purpose of making it as easy as possible to throw down some money on your favorite stakes. It’s 4.5-star rating puts it just behind DraftKings and PointsBet in the “Sports and Bets Offered” category.

Cash out feature: Like most sportsbooks, BetMGM offers a cash out feature. This allows bettors to amend their original bet and lock in a profit or a loss by settling the bet (or a portion of the bet) before the event has finished.

Edit My Bet: Available at only a few sportsbooks, BetMGM’s “Edit My Bet” tool allows you to change any straight or parlay bet in conjunction with the cash out feature. (Click here for list of common betting terms.) You can take your existing bet and add, swap or remove a selection, or increase a stake. Say you bet $10 on the Minnesota Vikings to beat the Green Bay Packers. At the end of the first quarter, you realize Kirk Cousins is a man on a mission, and you think the over is going to hit. BetMGM will allow you to add a bet on the over to your existing bet on the Vikings.

Easy Parlay: A parlay bet is a group of bets — typically spread, moneyline, or total bets — combined into one bet to increase the payout odds. BetMGM’s “Easy Parlay” feature lines up all spread, moneyline, and total bets for a slate of games, allowing you to quickly build a parlay. While parlays make for an exciting bet, sportsbooks like BetMGM focus on getting people to make more of them because the odds favor the sportsbook. That said, I’m that sucker who loves parlaying each NFL game, and I picture myself using this tool every week.

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Odds

As displayed in the table below, BetMGM offers excellent odds for MLB moneyline bets. The sportsbook offers below average odds on NCAAF and soccer moneyline bets, as well as MLB, NBA, NCAAF and NFL spread bets. What this means: If average moneyline odds on a bet are +120 at other sports betting sites, BetMGM might offer odds at +115. In this example, every dollar wagered would return $1.15 at BetMGM versus $1.20 at other sites.

Methodology: To score Odds, Moneyline.com gathers data from 21 sportsbooks over several months. For our 2020 Sportsbook Review, over 10,000 data points were collected for spread, moneyline, and over/under (bets).

I collected odds for spread, moneyline, and total bets for over 75 NFL games, 75 MLB games, 75 NBA games, 75 NHL games, 75 Soccer games (various leagues), and 75 NCAA Football and 75 NCAA Basketball games. When collecting odds, I collected the same games simultaneously for each sportsbook, ensuring data accuracy.

Live Betting

While BetMGM provides live stats, live streaming, and a live match tracker, there’s a noticeable void when it comes to live prop bets. Also missing (surprisingly) is a live match tracker for NFL games. That said, as someone who rarely bets live props, without these BetMGM still has enough features to satisfy me, and likely a majority of live bettors.

Instant bets: You’ll find some instant bets at BetMGM, like next drive results for NFL games, but not much else beyond that (as in, next point bets aren’t available for ping pong games).

Prop bets: BetMGM doesn’t offer many in-play prop bets. (Quick example of a prop bet: “How many yards will Patrick Mahomes throw for?” ) If live prop bets are your thing, sportsbooks such as SportsBetting.com and DraftKings offer a more robust lineup.

Live match tracker overview: If you’re new to sports betting, a live match tracker is an animated graphic that typically has a live game clock, live score and shows which team possesses the ball in real-time. BetMGM offers an average quality match tracker for live sports like hockey, basketball, and soccer. However, we’re disappointed that there’s no tracker available for NFL games.

Live Streaming: BetMGM is one of several sports betting apps to offer live streaming of games. Be aware that for all sportsbooks, live streaming is currently limited to international sports (such as basketball, soccer, hockey, tennis, and table tennis matches) because of the high costs of licensing live broadcasting rights.

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BetMGM Mobile App

Using the BetMGM app was a refreshing experience compared to other betting apps that also offer both sports and casino games. Mercifully, you’re not bombarded with prompts to play casino games on the BetMGM app. Also, placing bets is a breeze, thanks to well-placed mini-menus that pop up throughout the app.

Easy app navigation aside, accessing customer support on both the mobile app and the desktop version of the site was nearly impossible. The only reason I stumbled upon any customer support option was because I was having account registration issues and was eventually offered help via live chat. (See “What kind of customer support does BetMGM offer?” below for directions on how to navigate to help.)

BetMGM blog: BetMGM is one of the few online sportsbooks with a blog. The BetMGM blog is a mix of current articles and fun, random sports discussion topics. Blog posts range from “NFL Week 17 Power Rankings” to “Ranking the Best Super Bowls of the 2010s.” I found myself comparing my opinion about the best Super Bowls of the 2010’s (Patriots vs. Eagles in Super Bowl LII is easily No. 1, imho) to the author’s pick (Super Bowl LI: Patriots vs. Falcons (OT)).

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Education

BetMGM has a sports betting guide that does a good job schooling users on basic bet types such as moneyline, spread, and total bets. However, I struggled to locate the guide in the mobile app. (For some reason it’s listed under promotions instead of the help or FAQ sections of the app.) Outside of this introductory guide, BetMGM offers little additional educational content.

Raise your game: For more education, see our guides on how to read odds, different bet types, and understanding bonus rollovers.

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Bonuses & Promotions

BetMGM competes with the big dogs when it comes to promotions, offering a risk-free bet of up to $600 for new customers as well as several ongoing promotions throughout the year.

New customers: BetMGM’s risk-free bet of up to $600 is more than what most sportsbooks offer. But it’s certainly not the ceiling. For an even sweeter signup bonus, check out FanDuel and PointsBet which offer risk-free bonuses between $1,000 - $1,500.

Existing customers: BetMGM’s ongoing promotions range from weekly free bets to parlay-based promotions and more. The array is above-average (around five promotions at any given time), and I enjoyed some of the basketball and football promotions centered around making a same-game parlay.

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Final Thoughts

If you haven’t logged on to BetMGM since its 2018 rollout, take a second look. The BetMGM of 2021 is a far cry from original version of the app, which now seems ancient in comparison. BetMGM has blossomed into a solid sportsbook with a ton of features (not to mention dozens of prop bets and odds boosts) that make it incredibly easy to place bets on your favorite teams.


About BetMGM

BetMGM is a product of MGM Resorts International, which operates hotels and casinos around the world. MGM Resorts International is headquartered in Las Vegas and publicly traded (NYSE: MGM). BetMGM is currently legal in eight states and looks to expand as more states roll out online sports betting. Read more on Wikipedia

What states is BetMGM legal in?

BetMGM is legal in Colorado, Indiana, Michigan, Nevada, New Jersey, Pennsylvania, Tennessee, and West Virginia.

What deposit methods does BetMGM offer?

Deposit options vary by state and include online bank transfer (ACH), debit/credit card, Neteller, PayNearMe, online banking, VIP Preferred, and cash at certain casino cages.

FeatureBetMGM
Minimum Deposit$10
Total Deposit Methods8
No Debit/Credit Card Deposit Fees Yes
Deposit Min/Max - Debit/Credit Card$0/Varies

What withdrawal methods does BetMGM offer?

Withdrawal options vary by state and include check, online bank transfer (ACH/eCheck), PayPal, VIP Preferred, Skrill, Play+ prepaid cards, and cash at certain casinos. Minimum deposits and withdrawals are $10.

FeatureBetMGM
Minimum Withdrawal$10
Total Withdrawal Methods6
Check Payout Speed is < 10 days Yes
No Withdrawal Fees - Check Yes
Withdrawal Min/Max - Check$0/Varies

What is the minimum deposit at BetMGM?

The minimum amount required to open an account at BetMGM is $10.

What kind of customer support does BetMGM offer?

BetMGM currently offers email support, live chat support, and phone support. It is more complicated than it should be to get a hold of customer support. Our tester had to try multiple agents before getting the help needed to open an account. His advice: “The best way to get a hold of BetMGM customer support is to go to the FAQ section, view a few FAQs, and hit ‘No’ when prompted with ‘Did you find what you are looking for?’ This takes you to the customer support screen, which finally allows you to access live chat support”

What sports can you bet on at BetMGM?

BetMGM offers betting on over 20 different sports throughout the year.

FeatureBetMGM
Total Sports Offered14
Aussie Rules (AFL) Yes
Baseball (MLB) Yes
Basketball (NBA) Yes
Basketball (NCAA) Yes
Boxing Yes
Cricket Yes
E-Sports No
Football (NFL) Yes
Football (NCAA) Yes
Golf (PGA) Yes
Hockey (NHL) Yes
Horse Racing No
MMA (UFC) Yes
Rugby (League) Yes
Rugby (Union) Yes
Soccer (EPL) Yes
Soccer (MLS) Yes
Tennis Yes
Sports & Bets Offered 4.5 Stars

Methodology

For the BettingBuck.com annual best online sportsbooks review published in 2020, a total of 2,300 data points were collected over six months and used to score sportsbooks. Additionally, odds data was collected for each sportsbook on over 1,400 bets to give each sportsbook a comparative odds ranking.

Sports betting sites were scored across seven core categories to computer an overall rating: total number of sports and bets offered, odds, live betting features, mobile apps, educational resources, ease of use, and current bonuses.



Learn more about how we test.


Joey Shadeck

About the author: Joey Shadeck is the lead writer for Moneyline.com and content strategist for Michigan-based Reink Media Group. He has closely tracked sports betting in the United States for the last two years, compiling hundreds of data points across dozens of sportsbooks. He has 6 years of online betting experience with hundreds of bets placed during that time.



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