Top Takeaways 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.)
|Sports & Bets Offered|
|Bonuses & Promotions|
|Ease of Use|
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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. 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.
As displayed in the table below, BetMGM offers good odds on soccer moneyline bets and NCAAB moneyline bets. For comparison, if average soccer moneyline odds on a team are +130 at other sports betting sites, BetMGM might offer odds at +140. In this example, every dollar wagered would return $1.40 at BetMGM versus $1.30 at other sites.
The sportsbook offers below average odds on NFL spread bets, NFL total bets, NHL total bets, and NHL spread bets. For comparison, if average NHL spread odds on a team are -110 at other sports betting sites, BetMGM might offer odds at -115. In this example, every dollar wagered would return $.87 at BetMGM versus $.91 at other sites.
|NFL Spread||Below Average|
|NFL Total||Below Average|
|NHL Total||Below Average|
Methodology: To score Odds, Moneyline.com gathered data from 20 sportsbooks over five months. For our 2021 Sportsbook Review, over 34,000 data points were collected for spread, moneyline, and over/under (bets).
Leagues and bet types collected include NCAA football moneyline bets, NCAA basketball moneyline bets, NFL moneyline, spread and total bets, NBA spread, moneyline and total bets, NHL moneyline, puckline and total bets, and soccer 3-way result (moneyline) bets. When collecting odds, we made sure to collect the same games at the same time for each sportsbook, ensuring data accuracy.
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.
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)).
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.
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. For a full list of promotions for new and existing customer see our BetMGM bonuses page.
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.
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.
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.
|Total Deposit Methods||8|
|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.
|Total Withdrawal Methods||6|
|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.
|Total Sports Offered||14|
|Aussie Rules (AFL)||Yes|
|Sports & Bets Offered|
For Moneyline.com’s annual best online sportsbooks review, we collected more than 36,000 data points over five months from 20 sportsbooks that serve 11 states where full-scale mobile betting is legalized. Hundreds of hours were spent testing and scoring each sportsbook (mobile and online/desktop) in seven core categories: sports and bets offered, odds, live betting, mobile betting, education, ease of use, and bonuses and promotions. The results determined each sportsbook’s overall rating.
Data from more than 1,700 bets (including moneyline, spread and total bets) was used to generate each sportsbook’s comparative odds ranking. Leagues and bet types collected include NCAA football moneyline bets, NCAA basketball moneyline bets, NFL moneyline, spread and total bets, NBA spread, moneyline and total bets, NHL moneyline, puckline and total bets, and soccer 3-way result (moneyline) bets. When collecting odds, we made sure to collect the same games at the same time for each sportsbook, ensuring data accuracy.
About Moneyline.com’s chief sportsbook researcher, Joey Shadeck: I’ve been a hobby sports bettor for more than six years, placing hundreds of bets on my favorite sports (football, basketball, MMA) and teams (Packers, Spartans, and whoever is playing the Lions). Beyond sports betting, I’m known for saying “Wanna bet on it?” in almost any situation and that is how I found out I can eat 42 chicken nuggets in less than 20 minutes.
As of February 2021, 22 different states have legalized sports betting to some capacity. Of those 22 states, the following 11 have legalized full-scale mobile betting: Colorado, Illinois, Indiana, Iowa, Michigan, Nevada (must register in-person), New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia.
About the author: Joey Shadeck Joey Shadeck is the lead writer for Moneyline.com and content strategist for 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.