BetMGM Review
User-friendly mobile app
Good deposit options
Offers same-game parlays
Bet $5, Get $150
Covers BetSmart Rating:
Bonuses & Promotions
Banking & Payout Speed
Key Features
Security & Trust
Customer Support
User Experience
Betting Odds
Payout Speed:
2-7 days
Deposits & withdrawals
Why BetMGM?
User-friendly mobile app
Good deposit options
Offers same-game parlays
Payout Speed:
2-7 days
Deposits & withdrawals
Hits and misses
BetMGM bonuses and promotions
Rated #6 of 24 books in this category
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 receive $150 in bonus bets for depositing at least $10 and wagering a minimum of $5. Use our exclusive BetMGM bonus code 'COVERSBONUS' to activate the offer.
After making your qualifying wager, BetMGM will give you six $25 bonus bets. These bonus bets are non-withdrawable and expire in seven days.
Remember: When using bonus bets, you do not receive the bonus amount as part of your winnings. If you use a $25 bonus on a bet with +100 odds and win, you should expect to see $25 in your cash balance — not $50.
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 rewards 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. Additional ongoing BetMGM promos are outlined below:
Type of BetMGM Promo Offer | Description of BetMGM Promo Offer |
---|---|
CBB Odds/Parlay Boost Token | Activate a 33% larger payout when you place a successful CBB bet or parlay wager. |
NBA Odds Boost Token | Place an NBA wager on Tuesdays and Wednesdays with minimum odds of -300 and receive a 33% odds boost. Certain exclusions apply. |
NBA SGP Insurance Token | Receive a SGP token on Thursdays to use on a minimum three-leg NBA parlay with odds of +400 or longer. Certain exclusions apply, and not available in New York. |
NHL Odds Boost Token | Place an NHL wager on Wednesdays with minimum odds of -300 and receive a 25% odds boost. Certain exclusions apply. |
Parlay Plus | Earn up to 40% more in profits on successful parlays. Opt in and place a four to seven-leg parlay on any combination of sports or events. |
Refer-A-Friend | Send a friend an invitation via email, social media, or text, and once they make their first deposit and wager $100 or more, you'll both receive $100 in sportsbook referral bonus bets (20 referral maximum). |
BetMGM deposits and withdrawals
Rated #6 of 25 books in this category
Deposit options
BetMGM Sportsbook supports deposits through a wide range of payment methods, including credit cards — like Visa and Mastercard — Venmo, Apple Pay, and more. 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.), but despite a laundry list of banking options, the operator does not support cryptocurrency transactions and is, therefore, not among the top crypto sportsbooks of 2024.
Deposit Method | Fee | Process Time | |
---|---|---|---|
FREE | Instant | $10 | |
FREE | Instant | $10 | |
Free | instant | $10 | |
Free | instant | $10 | |
FREE | Instant | $10 | |
FREE | Instant | $10 | |
FREE | Instant | $10 | |
FREE | Instant | $10 | |
FREE | Instant | $10 | |
FREE | Instant | $10 | |
FREE | Instant | $10 | |
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 | |
---|---|---|---|
FREE | 2-3 Banking Days | $10 | |
FREE | 2-3 Banking Days | $10 | |
FREE | 2-3 Banking Days | $10 | |
FREE | 2-7 Banking Days | $10 | |
FREE | 3-10 Banking Days | $10 | |
FREE | 2-3 Banking Days | $10 |
BetMGM key features
Rated #8 of 25 books in this category
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.
Check out our BetMGM vs Caesars page to see how BetMGM's live betting section compares to the competition.
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 — like Aristocrat's Buffalo and MGM Grand Millions — live dealer table games, Dual Play Roulette, and so much more. You can also benefit from special bonuses and promotions.
Learn more in our extensive BetMGM Casino review.
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. Same-game parlays have significantly grown in popularity year over year.
BetMGM mobile app
Rated #6 of 25 books in this category
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, with the former being a particularly strong offering.
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 security and license
Rated #12 of 25 books in this category
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.
Access to the DraftKings sportsbook is available in the following states:
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
Massachusetts Gaming Commission
Kentucky Horse Racing Commission
North Carolina Education Lottery
BetMGM customer service
Rated #6 of 25 books in this category
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: @BetMGMCare
BetMGM review conclusion
Rated #5 of 25 books overall
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
March 1, 2024: BetMGM enters a pre-registration period in North Carolina before the official state launch on March 11, 2024.
Jan. 8, 2024: BetMGM partners with Charlotte Motor Speedway to offer legal online sports betting in North Carolina when legalization occurs later this year.
Sept. 28, 2023: BetMGM celebrates the launch of legal Kentucky online sports betting in the state by offering new users its latest welcome bonus — up to $1,500 in bonus bets.
Aug. 22, 2023: BetMGM received a temporary online sports betting license for Kentucky.
BetMGM quick facts
BetMGM bonus code | COVERSBONUS |
First bet offer | Bet $5, get $150 in bonus bets |
Top feature | Great range of sports |
Covers BetSmart Rating | 4.4/5 |
Minimum first deposit | $10 |
Mobile app | iOS and Android |
Casino | Yes (in MI, NJ, PA, and WV) |
Odds provider | BetMGM |
Payout speed | 2-7 days |
States with legal access to BetMGM | 21 (+ DC, PR) |
In-play betting | Yes |
Early cash out | Yes |
Same-game parlays | Yes |
Live streaming | Yes |
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, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, Nevada, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. BetMGM is also live in DC and Puerto Rico.
Yes, you can use our BetMGM bonus code COVERSBONUS to receive $150 in bonus bets when you deposit at least $10 and wager a minimum of $5. This bonus is available in all regions except DC, Nevada, New York, Mississippi, and Puerto Rico. Puerto Rico bettors can claim $100 back in bonus bets.
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.
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Christian is a lifelong sports fan with a love of basketball, football, skiing, and sailing. Prior to joining Covers as a sports betting editor in 2022, Christian spent five years on the operator side with casinos and sportsbooks, giving him a unique perspective to help make smarter sports bettors. His preferred sportsbook is bet365 for its market coverage, and consistent odds boosts.