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BetMGM Sportsbook Review

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BetMGM - Sportsbook Review

970x90 BetMGM Sportsbook - Article - Risk-Free Bet $600

Overall Grade: 4.4/5

BetMGM lives up to its luxury brand. It has a beautiful display, and even new bettors can find their way around it. Its sign-up bonus is nice enough to specify that it’s only good for the first bet – an improvement over some other risk-free bets. BetMGM has one of the most diverse selections of deposit and withdrawal options. It’s a strong sportsbook.

However, bettors who want the very best odds will have to keep searching. BetMGM has great odds, but they’re not always at the top of the market. If you compare odds on every line, this will only be one of several sportsbook accounts you may create. BetMGM’s lag time between screens may grate on you over time, too.

But overall, BetMGM is a great sportsbook that manages to stand out in a competitive market. If you’ve ever wanted to try sports betting, then you should create a BetMGM account and give sports betting a shot.

Related: Check our sports betting guide if any of the betting terms are unclear.

Sign-Up Bonus

$600 Risk-Free First Bet

Sign-Up Bonus Grade: 4/5

BetMGM’s welcome bonus is a good deal for bettors who can plan ahead. But like all risk-free bets, it’s easy to miss if bettors aren’t ready for it.

Risk-free bets refund your first bet if it loses. So, if you win, then you get to bask in the glory of your winnings. But if you lose, then you’ll get however much you wagered back in site credits. That lets you bet with BetMGM’s money. However, you won’t be able to take site credits back out of your account. It’s not cash.

Remember that it’s only good for your first bet, too. If you want to take full advantage of the risk-free bet, you have to wager $500 on your first bet. That might be a lot to ask for a new bettor. However, seasoned or wealthy bettors may not mind putting that kind of money down upfront. If you’re not comfortable wagering a lot of money upfront, then you won’t be wild about this welcome bonus.

Legal States of Operation

Legal State Casino Partner Launch Date
Colorado Midnight Rose Hotel & Casino May 2020
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Blue Chip Casino Hotel Spa

February 2020
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Beau Rivage Resort & Casino

August 2018
Nevada MGM Resorts March 2020
New Jersey Borgata Casino August 2018
Tennessee MGM Resorts November 2020
West Virginia The Greenbrier Resort January 2020

Sign-Up Process and Payment Options Grade: 5/5

BetMGM doesn’t make you jump through many hoops to create an account. It has a standard sign-up process broken into three steps. First, you’ll enter your email and desired password. Then, you’ll enter your name, date of birth, and the last four digits of your social security number. Finally, you’ll enter your address, check a few acknowledgment boxes, then finish the sign-up process.

Moving money around is easy, too. BetMGM’s deposit options include:

  • Online Banking
  • Visa
  • MasterCard
  • Discover Card
  • VIP Preferred E-check
  • PayPal
  • Instant Bank Transfer
  • Bank Wire Transfer
  • Online Banking Transfer
  • Play+ Card

BetMGM has one of the most comprehensive lists of deposit options on the market. The many bank transfers work with many different banks, making online banking options available to as many bettors as possible. But it’s easy to collect your winnings, too. Here are BetMGM’s withdrawal options:

  • VIP Preferred E-check
  • Online Banking
  • PayPal
  • Play+ Card
  • Instant Bank Transfer

This is a generous list of withdrawal options. It’s one of the most expansive sets of withdrawal options. If this kind of versatility is important to you, BetMGM is a good sportsbook to consider signing up for.

970x90 BetMGM Sportsbook - Article - Risk-Free Bet $600

Odds Value Grade: 4/5

BetMGM is a jack-of-all-trades. Its odds can be wonderful, okay, or terrible. There’s no discernable pattern based on sport, league, or side of the line. Here are some of its stronger odds on an English Premier League match:

Leicester City Draw Fulham
BetMGM -189 +320 +525
DraftKings -190 +330 +525
FanDuel -190 +320 +500
Fox Bet -188 +320 +500
BetRivers -186 +330 +525
theScore Bet -215 +305 +520
Betfred Sports -193 +315 +500
William Hill -188 +320 +550
PointsBet -195 +320 +500

It doesn’t have the best lines, but it’s close. It’s only three points shy of having the best odds on the favorite, ten points from the best odds on a draw, and twenty-five points shy of the best odds on the underdog. Those are small differences, so bettors who only want one sportsbook account would have competitive odds at BetMGM.

BetMGM can offer these odds because they don’t take too much profit off each line. Here’s their expected profit margin on this English Premier League line:

Expected Profit Margin
BetMGM 4.95%
DraftKings 4.56%
FanDuel 5.65%
Fox Bet 5.44%
BetRivers 4.11%
theScore Bet 8.32%
Betfred Sports 6.22%
William Hill 4.28%
PointsBet 6.17%

BetMGM is in the middle of the pack here. They’re expecting to take some money off this line, but this isn’t one of their profit-centered lines. BetMGM is leaving room to offer competitive odds while continuing to generate revenue. If you only create a BetMGM account, you’ll find competitive odds on at least part of the line you’re betting on. But if you like comparing sportsbooks, this is one of several that you’ll have to check every time.

User Experience Grade: 4.5/5

Even if you’re new to sports betting, you’ll be able to find your way around BetMGM. The home page gives you multiple places to screen through the leagues you want to see lines on. If you scroll down, you’ll find live game lines, the next lines up, and the next upcoming events. Best of all, they’re easy to scroll through and flow naturally from one section to the next.

But if you want to keep looking, you can find the A-Z menu, too. That’ll list all the sports BetMGM is offering lines on. It’ll take you to the list of leagues available and how many lines are available in each league. Critically, the font is small enough to skim lines and leagues quickly. However, it’s not so small that it hurts to read. BetMGM’s display strikes a delicate balance, making it one of the best user interfaces on the market.

However, its weakest point is the lag between screens. When you switch menus, you stay stuck on the current page for a few seconds before the next one loads. It’s a flaw in an otherwise stellar app and website. It’s still one of the easiest sportsbooks to navigate and one of the clearest to read.

Available Sports and Wagers Grade: 4.5/5

BetMGM has a broad selection of sports. It has professional and college leagues that everyone pays attention to. NFL fans are in good hands at BetMGM. But BetMGM has something for bettors who want to venture outside mainstream sports like football and soccer. You can find sports like:

  • Alpine Skiing
  • Cricket
  • Handball
  • Pool
  • Snooker

Most of you may not be big snooker fans. (It’s pool with more balls and different rules.) But if you want to try betting on new sports, BetMGM offers many sports, leagues, and lines to wager on.

Customer Service Grade: 4.5/5

Most sportsbooks that have customer service and help sections don’t fill them with much. But BetMGM has a full help section organized by different topics. If you have a problem, you can probably find a menu for it. But if you need to talk to someone, then you’re in luck. BetMGM has live chat, email, and phone options available.

However, these options are buried in the help section. If you click on a question, you’ll find a popup on the bottom of the screen asking whether you need additional help. Clicking “no” will offer additional customer service options. They’re not easy to find, but that’s what we’re for.

Related: Here’s how you can easily create a sportsbook account.

970x90 BetMGM Sportsbook - Article - Risk-Free Bet $600

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