BetMGM Review

Joey Shadeck

Joey Shadeck | March 11th, 2020

BetMGM is a solid option for people who enjoy betting on sports, online poker, and online casino games. For those who exclusively want to bet on sports, there are better options with better odds and more educational content.

Top Takeaways for 2020

After spending six months testing thirty online sportsbooks, here are our top findings on BetMGM:

  • BetMGM is one of the only companies to offer sports betting, online poker, and online casino games all under one login.
  • BetMGM has dramatically improved their selection of bets, mobile app, and live betting menu over the last year.
  • Unfortunately, BetMGM offers sub-par odds and no education for first-time bettors.
BetMGM
🏟️ Gambling Types Sports Betting, Poker, Slots & Table Games
⚖️ Legal NJ, WV, IN, NV
🏈 Sports Offered 13
📊 Odds Below Average

Overall Summary

FeatureBetMGM
Overall 3.5 Stars
Sports Offered 3.5 Stars
Bets Offered 3.5 Stars
Odds 2.5 Stars
Banking Options and Fees 4.5 Stars
Live Betting 4.5 Stars
Mobile Betting 4.5 Stars
Customer Service 3.5 Stars
Education and Research 0.5 Stars
Reputation 5 Stars

BetMGM is a legal U.S. sportsbook, currently available in New Jersey, Indiana, Nevada, and West Virginia.

Bets Offered

Overview - BetMGM has drastically improved the variety of bets they offer over the last year and a half or so. Team and player props are now available, as well as daily odds boosts and the cash out feature.

Props - BetMGM offers a decent selection of prop bets. Common player prop bets include "over/under how many points will Trae Young score" or "will Sidney Crosby score a goal?" Typical team prop bets include "what team will score first," or "what will the winning margin be," or "will the first-quarter total be odd or even?"

Daily Odds Boost - Daily odds boosts take individual bets and increase the odds in favor of the bettor. For example, during the NFL season, BetMGM partnered with Barstool Sports to release "BigCat's Can't Lose Parlay." BigCat released his parlay each week on his podcast, Pardon My Take, and BetMGM would drastically increase the odds.

Does BetMGM offer cash out? - BetMGM does offer early cash-outs, which allow customers to receive cash for their open bets before the game ends. Customers can safeguard winnings or minimize losses without actually waiting for the result of the match. The early cash-out feature is available for some straight bets and parlays.

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Banking Options and Fees

BetMGM offers an excellent selection of banking methods, making it easy for bettors to deposit and withdraw money.

Deposit Options - Customers can deposit money via ACH (e-Check), Credit/Debit Card (Visa/MasterCard/American Express), PayPal, PayNearMe, Skrill, Play+, Online Banking, and at MGM properties such as the Borgata Hotel in Atlantic City.

Withdrawal Options - BetMGM customers can make a withdrawal by using Play+, PayPal, VIP Preferred, check by mail, Skrill, and cash at MGM properties such as the Borgata Hotel in Atlantic City. Most withdrawals are paid out in less than a day or two, except for receiving a check by mail.

Sports Offered

BetMGM offers action on 13 different sports, which is a big improvement over the eight sports the company offered in 2018. All of the most popular sports and leagues are available.

FeatureBetMGM
Total Sports Offered13
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

Odds

The odds data below was gathered over the course of several months and contained over 10,000 data points. Data from 21 total sportsbooks were collected for NBA, Soccer, and NHL games, 17 for NFL games, 18 for NCAA games, and 16 for MLB games.

FeatureBetMGM
NFL Moneyline 11th
NBA Moneyline 9th
NCAAF Moneyline 12th
Soccer Moneyline 16th
MLB Moneyline 1st
NHL Moneyline 8th
NHL Spread 12th
MLB Spread 13th
NBA SpreadAverage spread odds are greater than -110
NCAAF SpreadAverage spread odds are greater than -110
NFL SpreadAverage spread odds are greater than -110

Live Betting

BetMGM offers a well-balanced live betting experience, including live streaming, instant betting for tennis, and a live match tracker.

Live Streaming - BetMGM is one of a select few sportsbooks to offer live streaming, which lets users watch live sports straight from the BetMGM website or mobile app. Right now, live streaming is limited to sports such as soccer and tennis, but will hopefully expand in the future.

Instant Betting - Examples of instant betting include betting on the next swing of a tennis match, or the next drive of a football game. BetMGM offers instant bets on tennis points. BetMGM does not provide "next drive results" on NFL games like some competitors.

Match Tracker - A live match tracker is an animated graphic that updates in real-time as you are watching a game. A match tracker has a live clock, displays the score by quarter, and even shows which team is attacking. For NFL games, the match tracker also lists the last play, the total plays, and yards on the drive, and the down and distance.

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Customer Service

BetMGM currently offers live chat and email support. Phone support is not provided at this time. That said, the quality of support via live chat and email is decent.

BetMGM App

The BetMGM App is an easy way to bet or play casino games right from your mobile device. Those who want to play poker will have to download a separate app.

As far as sports betting is concerned, the BetMGM App offers everything that the website offers. Users shouldn't have any issues placing bets on the go.

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Education

Education - BetMGM is the only sportsbook reviewed on this site with absolutely no education. There are not even simple definitions or explanations of betting types. First-time bettors will want to use sportsbooks with an excellent education, such as 888sport or DraftKings.

Blog - While BetMGM does not offer any education on the site, they did launch a blog in early 2020. The blog has posts for baseball, basketball, soccer, football, and hockey. The blog covers a variety of topics, including fantasy sports, free agency, and more. While the blog is a nice feature, it doesn't make up for the lack of educational content.

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Other Notes

Promotions - BetMGM offers users a ton of promotions, including risk-free bets, free play, a trip to Vegas, and parlay insurance, amongst others. Pictured are some of the promotions that offered in March of 2020.

Does BetMGM offer poker?

BetMGM is one of the few sportsbooks also to offer poker. BetMGM poker accounts can also be used to bet on sports or play online casino games, a nice feature for gamblers who enjoy both products.

Does BetMGM offer online slots and casino games?

BetMGM offers hundreds of online casino and table games, including blackjack, video poker, roulette, and craps. Live dealer tables are also available for blackjack, roulette, and baccarat. BetMGM offers a ton of online slot machines, which is no surprise given their large casino brand.

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Final Thoughts

BetMGM has come a long way from its initial sportsbook product. The new BetMGM platform and mobile app are crisp, clean, and offer a much better selection of bets and live betting experience. Bettors who also enjoy poker and casino games should give BetMGM serious consideration. Those who strictly bet on sports should look at other sportsbooks with better odds, education, and more bets to choose from.

About BetMGM Sportsbook

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 traded publicly under the ticker MGM. BetMGM is currently legal in four states and looks to expand as more states roll out online sports betting further.

How do I withdraw money from BetMGM?

BetMGM customers can make a withdrawal by using Play+, PayPal, VIP Preferred, check by mail, Skrill, and cash at MGM properties such as the Borgata Hotel in Atlantic City. BetMGM offers more withdrawal options than the average sportsbook.

Where is BetMGM legal?

BetMGM is a legal U.S. sportsbook, currently available in New Jersey, Indiana, Nevada, and West Virginia.

Is BetMGM safe?

BetMGM is a product of MGM Resorts International, which operates hotels and casinos around the world. The BetMGM online sportsbook is legal and regulated in each state it operates in. BetMGM is safe and has not faced any major consumer complaints.

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.



Learn more about how we test.


Joey Shadeck

About the author: Joey Shadeck is a research analyst for BettingBuck.com. He has been a sports fan all his life, football and basketball being his two favorites to watch. Joey remembers betting his mom that the Green Bay Packers would beat the Detroit Lions as early as elementary school. He has 5 years of online betting experience with hundreds of bets placed during that time.



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