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BetMGM Review

Joshua Howe - Covers
Written by: Joshua Howe, Sports Betting Editor Fact checked by: Brandon DuBreuil, Head of Content

Last Updated Jan 25, 2023, 12:19 PM ET

BetMGM logo
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4.4/5
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User-friendly mobile app

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Good deposit options

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Offers same-game parlays

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BetSmart™ Rating:

Bonuses & Promotions

4.8/5

Banking & Payout Speed

4.0/5

Key Features

4.4/5

Security & Trust

4.6/5

Customer Support

4.4/5

Payout Speed:

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2-7 days

Deposits & withdrawals

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Why BetMGM?

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User-friendly mobile app

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Payout Speed:
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2-7 days

BetSmart Logo BetSmart™ Rating:
Overall Rating:
4.4/5
BetSmart Logo BetSmart™ Rating:
4.4/5
Bonuses & Promotions
4.8/5
Banking & Payout Speed
4.0/5
Key Features
4.4/5
Security & Trust
4.6/5
Customer Support
4.4/5
Deposits & withdrawals
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    BetMGM Sportsbook Review

    BetMGM Sportsbook is an absolute must-have account for bettors looking to access a wide variety of sports in a highly functional manner. The famed brand BetMGM boasts an elegant interface with a user-friendly layout on a very reliable platform.

    BetMGM is safe, easy to use, and licensed in the following states:

    • Arizona
    • Colorado
    • DC
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maryland 
    • Michigan
    • Mississippi
    • New Jersey
    • New York
    • Ohio 
    • Nevada
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming

    Hits and misses

    Covers hit icon
    Live streaming on the site and in the apps
    Covers hit icon
    Great range of sports with plenty of betting options
    Covers hit icon
    Bonus bets offered every week except in New York
    Covers hit icon
    Access to the casino and poker sections
    Covers hit icon
    Trusted bookmaker with low margins
    Covers miss icon
    Withdrawals take at least two banking days
    Covers miss icon
    Not that many promotions for sports bettors
    Covers miss icon
    Customer support is not available by phone

    BetMGM bonuses and promotions

    Rated #3 of 34 books in this category

    4.8/5

    Lowest Rated

    Tiered Rewards Program

    BetMGM logo

    Rated #3

    $1,000 Back in Bonus Bets

    Highest Rated

    Up To $1,250 On Caesars

    Highest Rated

    Up To $1,250 On Caesars

    BetMGM logo

    Rated #3

    $1,000 Back in Bonus Bets

    Lowest Rated

    Tiered Rewards Program

    Based on our hands-on testing of the BetMGM U.S. sportsbook, the betting site provides its customers with lucrative promos in most states.

    Sign-up bonus

    The latest BetMGM Sportsbook welcome bonus consists of a first bet offer, where you get up to $1,000 paid back in bonus bets if you don't win your first-time wager. Customers do not need a BetMGM promo code to claim the offer.

    Loyalty bonus

    The Money Monday Club awards weekly plays to its active U.S. clients on the betting site. To qualify, eligible users have to opt-in from the promotions page and place qualifying wagers. Players can also access this feature when wagering with the BetMGM mobile betting app. 

    Parlay bonus

    The Parlay Plus promotion can reward U.S. bettors for taking bigger risks and adding more legs to their parlay bets. The promotion can increase the payout from a parlay by up to 40%, depending on the number of legs involved in the bet. For U.S. customers to be eligible for this offer, they need to opt in and place a parlay of at least four qualifying selections.

    Ongoing promotions and bonuses

    The sportsbook currently offers U.S. users a $10 casino bonus for the first $10 bet on any futures market. Plus, there is a $500 daily trivia game that is free to play. Participants will receive 10 questions based on sports or pop culture and can win up to $500 cash for getting them right. Winners will also be entered into the weekly leaderboard contest for a chance to win up to $1,000 in additional prizes.

    BetMGM deposits and withdrawals

    Rated #12 of 34 books in this category

    4.0/5

    Deposit options

    BetMGM Sportsbook supports deposits through a solid range of banking methods. Transactions are free, and the money will be available in your account right away. BetMGM is one of many great PayPal betting sites (U.S.).

    Deposit Method Fee Process Time
    visa Logo FREE Instant $10
    mastercard Logo FREE Instant $10
    maestro Logo FREE Instant $10
    americanexpress Logo FREE Instant $10
    paypal Logo FREE Instant $10
    paynearme Logo FREE Instant $10
    skrill Logo FREE Instant $10
    playplus Logo FREE Instant $10
    banktransfer Logo FREE Instant $10
    echeck Logo FREE Instant $10

    Withdrawal options

    Withdrawing funds is safe and secure, but not that fast. The security team will typically process requests within two banking days, but it can sometimes take up to three days to get approved.

    Withdrawal Method Fee Process Time
    paypal Logo FREE 2-3 Banking Days $10
    skrill Logo FREE 2-3 Banking Days $10
    echeck Logo FREE 2-3 Banking Days $10
    playplus Logo FREE 2-7 Banking Days $10
    cheque Logo FREE 3-10 Banking Days $10
    cash Logo FREE 2-3 Banking Days $10

    BetMGM key features

    Rated #10 of 34 books in this category

    4.4/5

    With the backing of Entain, BetMGM comes with a modern sportsbook platform that has all of the bells and whistles a sports bettor could ask for.

    Live betting

    The section is very nicely organized, with plenty of events available every day for live betting. BetMGM covers matches from local and international leagues to give users plenty of options. Live events generally have loads of markets, and the interface also shows a simple representation of the action and statistics.

    Live streaming

    BetMGM offers free live streaming for various matches, including top soccer games, tennis highlights, and much more. The live section has a dedicated tab with all upcoming matches that users can live stream. These games are marked accordingly on the list and can be viewed by any registered bettor.

    Poker

    It doesn’t come as a surprise to see that BetMGM also offers a poker section. It is powered by GVC Holdings, the company behind the famous Party Poker cardroom. BetMGM Poker uses the same modern software and gives players a good selection of cash games and daily tournaments with guaranteed prize pools.

    Responsible gaming

    BetMGM empowers you to set personal limits on deposits and spending. Enable these limits for daily, weekly, or monthly play. If you feel your gambling practices are going in the wrong direction, BetMGM allows its players to take a timeout period for up to 180 days.

    Early cash out

    This feature is probably familiar to most experienced sports bettors. It is generally available at all of the top online sportsbooks, including the new ones launched in the U.S. Of course, it is not missing from BetMGM Sports. The cash-out feature is available on selected markets and will allow bettors to get their payouts at the current odds at any time.

    Casino

    BetMGM Casino is a premium gaming site available to players in regulated states from the same accounts as the online sportsbook. Here is where you can take your pick from over 500 online casino games, including top slots, live dealer table games, and so much more. You can also benefit from special bonuses and promotions.

    Only available in: Michigan, New Jersey, Pennsylvania, and West Virginia.

    Same-game parlays

    BetMGM makes placing same-game parlays a snap. Users can navigate to a sport, league, or event page of their choosing and then scroll through the available games, where they'll see 'One Game Parlay' visible on eligible events. Once a game or match has been clicked on, users can select the feature from the menu and begin to build their parlay.

    BetMGM mobile app

    Rated #4 of 34 books in this category

    4.7/5

    A great mobile betting app has proven to be a must nowadays, and BetMGM has come prepared. The operator has clearly invested a lot of money into the new mobile betting platform, which is great news for bettors. A slick new look and heightened navigation lend themselves to a vastly improved user experience. The BetMGM Sportsbook app is available for both Android and iOS devices.

    We at Covers highly recommend downloading their app — you won't regret it. The app has an excellent interface that maintains some of the styling touches of the desktop platform. It is perfectly optimized for betting on smartphones, with a full range of markets to choose from.

    BetMGM Android app BetMGM Android app BetMGM Android app

    BetMGM security and license

    Rated #19 of 34 books in this category

    4.6/5

    Given the two huge brands behind this online sportsbook, it is safe to say that BetMGM is 100 percent legitimate. The site offers regulated real money sports betting options in multiple states and holds local licenses in each one. 

    New Jersey (DGE)

    Colorado Division of Gaming

    Indiana Gaming Commission

    Iowa Racing and Gaming Commission

    Michigan Gaming Control Board

    Pennsylvania Gaming Control Board

    Tennessee Sports Wagering Advisory Council

    Virginia Lottery

    West Virginia Lottery Commission

    Arizona Department of Gaming

    Nevada Gaming Control Board

    Wyoming Gaming Commission

    DC Office of Lottery and Gaming

    New York State Gaming Commission

    Illinois Gaming Board

    Kansas Racing and Gaming Commission

    Louisiana Gaming Control Board

    Maryland Lottery and Gaming

    Ohio Casino Control Commission

    BetMGM customer service

    Rated #10 of 34 books in this category

    4.4/5

    The operator encourages users to get their answers from the various help center resources found on the site. It has plenty of answered questions and also provides additional information regarding banking, promotions, and more. If you prefer to get in touch with the support team directly, you can opt for live chat or email. 

    BetMGM recently added an official customer support Twitter account to its roster of supported channels. The page is monitored 24-hours a day and enables customers in any state to live chat with BetMGM representatives. 

    • Live chat available 24/7
    • Email: support.nj@betmgm.com
    • Phone: Not available
    • Support languages: English
    • Twitter: @BetMGMSupport

    BetMGM review conclusion

    Rated #7 of 34 books overall

    4.4/5

    BetMGM takes the best parts from MGM and Entain to give American bettors a secure place where they can bet on over 20 sports. You will not be disappointed with their platform. 

    Proven platform

    BetMGM’s sports betting platform is used by some of the top sportsbooks in Europe. It is easy to navigate, incredibly stable, and packed with all of the popular features American bettors have come to expect. 

    All betting options in one place

    BetMGM has a complete sportsbook covering all major sporting events, locally and internationally. U.S. customers can also access the whole online casino and the dedicated online poker room for even more excitement.

    Never miss a beat, even on vacation, as BetMGM has partnered with Carnival Corporation to supply cruise ship passengers with retail and mobile sports betting platforms. 

    Safe bet

    U.S. users can always rely on the fact that BetMGM is secure and keeps their real money funds safe. Customers can deposit through various methods and withdraw their winnings without any issues whenever they wish.

    BetMGM in the news

    On Jan. 1, 2023, BetMGM officially went live in Ohio.

    On Dec. 19, 2022, BetMGM is named an official sports betting partner of the Nashville Predators. The multi-year partnership includes a BetMGM-branded restaurant and signage at Bridgestone Arena.

    On Sept. 1, 2022, BetMGM became an official betting sponsor of the Kansas City Chiefs on a multi-year agreement. 

    On Monday, Aug. 22, 2022, U.S. gaming titan MGM Resorts International secured regulatory approval for its acquisition of LeoVegas, the Swedish gaming company and online sports betting operator.

    BetMGM quick facts

    BetMGM promo code No code - Claim now!
    First bet offer Up to $1,000 paid back in bonus bets
    Top feature Great range of sports
    BetSmart rating 4.4/5
    Minimum first deposit $10
    Rollover requirement (welcome bonus) None
    Mobile app iOS and Android
    Casino Yes (only in MI, NJ, PA, and WV)
    Odds provider BetMGM
    Payout speed 2-7 days
    States with legal access to BetMGM 19 (+ DC)
    In-play betting Yes 
    Early cash out Yes 
    Same-game parlays Yes 
    Live streaming Yes 
    Bet Now

    BetMGM review FAQ

    Yes, BetMGM is a legit online sports betting website that you can trust. It is licensed in several states and meets all gambling regulations set out by each jurisdiction.

    Yes, but only in select states. BetMGM is currently available in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Mississippi, New Jersey, New York, Nevada, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

    Yes, you are eligible for the BetMGM first bet offer of up to $1,000 paid back in bonus bets if you lose the initial wager. This bonus is available in all states except Mississippi, Nevada, and New York, where there are no BetMGM promos.

    Yes, the BetMGM Sportsbook app is available for iPhone and Android smartphones. You can download it and start betting within minutes.

    No, Bitcoin is not one of the supported banking methods for deposits at BetMGM.

    After submitting the needed documentation, you can freely withdraw money from your account through the banking methods used previously to make deposits.

    The BetMGM security team will review and approve your withdrawal request within two banking days. You need to allow a few extra days for the funds to reach your bank account.

    In the top right corner, you can find the Help & Contact button on the BetMGM site. It will direct you to the most frequently asked questions and the BetMGM contact options if you need more help. The recently launched BetMGM customer support Twitter (@BetMGMSupport) account is monitored 24 hours a day.

    Recent News

    BetMGM 01/02/2023 17:11  ET
    Entain Reports Strong Q4 2022 Results
    Spike in profit buoyed by the company's 50% revenue share of BetMGM.
    Read more
    BetMGM 27/01/2023 15:14  ET
    BetMGM Bullish on Future Despite Being Earnings Negative in 2022
    U.S. operator projects around $2 billion in revenue for 2023.
    Read more
    BetMGM 24/01/2023 10:50  ET
    Michigan's Handle is Down, but Revenues Are Up
    Michigan's handle dipped, but revenues are up.
    Read more

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    Joshua Howe - Covers
    Joshua Howe
    Sports Betting Editor

    Joshua Howe is a sports betting editor at Covers, helping make smarter sports bettors since 2021. The experienced writer and editor has reviewed over 20 sportsbooks and has been placing his own wagers for three years and counting. He prefers FanDuel for its sleek app design and variety of NBA markets.

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