BetMGM

BetMGM is a legal and safe sportsbook that is growing in popularity across the USA. It is owned by MGM Resorts International along with other brands like Borgata Casino, Party Casino and Party Poker.

BetMGM was founded in 2018 and is headquartered in New Jersey.

The sportsbook`s popularity has been on the rise in the USA and the brand is currently licensed (therefore legal) in the following states: Arizona, Colorado, Washington, Illinois, Indiana, Louisiana, Michigan, Mississippi, New Jersey, Nevada, New York, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming)

Below is a list of useful information for gamblers (seasoned or beginners) who are interested in giving it a try. The list covers the main topics of interest for any user: bonuses, deposit and withdraw options, general limitations, types of games that are available, and a list of states where the sportsbook is legal.

Bonuses



The BetMGM platform offers a range of bonuses and rewards programs for users. Please note that BetMGM can change the availability and terms and conditions of the below bonuses without prior notice, so please make sure to check the website before signing up.

Welcome offer

New users who sign up for a BetMGM account receive $25 FREEPLAY as well as a 100% deposit match, up to $1,000.

The $25 is available for immediate use, but any winnings received from it are not eligible for withdrawal unless the player makes a deposit and meets the wagering requirements.

To receive the 100% deposit match, the user has to make the first deposit, which will be matched, up to $1,000, in FREEPLAY. The deposit amount, bonus match amount and any other associated winnings have to meet certain wagering requirements and cannot be cashed out or used towards non-eligible games or other promotional offers.

This welcome offer expires 31 December 2022.

Loyalty bonuses/Rewards programs

The welcome offer applies to new users only, but BetMGM also offers existing users numerous offers and bonuses.

Refer a friend

Users can get $50 for every friend they invite, as long as the sign up, get verified, and meet the basic wagering requirement. (Both old and new user receive a $50 bonus).
Each user can invite up to 20 friends.

Get $5 FREEPLAY

Users who bet $25 or more on Diamond Cash Mighty Elephant get $5 FREEPLAY to use on any BetMGM casino slot. Offer is available between 1 and 7 august 2022.

Get a $10 Sports free bet

Users who opt in to this promotion between 2 May and 2 October 2022, and wager $50 (or more) on casino games, get a $10 Sports Free Bet.

Bet $50 on slots and get $5 in FREEPLAY

Users who opt in and wager $50 or more on slots, get $5 FREEPLAY to use on any casino game. This offer takes place every Monday through 26 December 2022.

Deposits and withdrawals



BetMGM provides numerous deposit and withdrawal options, each with its own set of rules and limitations (decided by the platform or by the card issuers).

Deposit options


Visa or MasterCard (debit or credit)

User who want to deposit using their Visa or MasterCard debit or credit cards should be aware that certain banks might not accept debit card transactions for online gambling.
Also, there might be additional costs or fees assessed by the card issuer, so users are to check themselves with their banks to find our further information.

Discover (debit or credit)

This deposit options has are no fees charged, and funds are available within one or two minutes.

American Express

Corporate Travel Cards, Prepaid Cards, Small Business Cards and Bank Co-Branded Cards are not accepted, and there may be additional costs/fees as assessed by the cardholder agreement, so users are to check with their card issuers for additional information.

Online banking

There are no fees for this service.

Apple Pay

This option is available only for iOS users.

MGM Rewards MasterCard

Details on the Rewards MasterCard can be found on the BetMGM website, Rewards T&C section.

Play+

User should be aware that additional fees/costs may be asserted by the card issuer, so they are to get in touch with the card issues for extra information.

Bank Wire Transfer

There is a minimum deposit amount of $1,000 for wire transfers.

Borgata Hotel

For deposits using this option, users have to personally visit the location, and head towards the cashier window.

Other deposit options are: GAMEON Card, VIP Preferred, PayNearMe, BetMGM Gift Card, PayPal.

Deposit limits

Deposit limits (daily, weekly or monthly deposit limits) can be changed (increased or decreased) by the user in cooperation with the customer support team, after having succesfully been verified.

Withdrawal options

BetMGM offers its users the following withdrawal methods: Visa (takes within 3 to 5 business days), PayPal (within 24 hours), VIP Preferred (takes between 3 and 7 business days), online banking (takes between 1 and 3 business days), instant banking (takes 2 business days), Play+ PrepaidCard (within 6 hours), Cage (applicable in NJ, MI and MS and the transfer is done within 72 hours), check by mail (applicable in NJ only and it usually takes between 7 and 20 business days).

Users should be aware that each of the bonuses and rewards are subject to certain terms and conditions regarding wagering and any winning that do not meet all conditions cannot be withdrawn.

What BetMGM offers



The sportsbook offers users a wide range of options in terms of gambling, from sports betting to casino, from live dealer games to video poker and virtual sports.

Sports betting

The Sports Betting category offer users a wide range of betting markets, including:

  • Football
  • MMA
  • Boxing
  • Formula 1
  • Table tennis
  • Basketball
  • Baseball
  • Golf
  • Hockey
  • Rugby Union
  • Cricket
  • Cycling
  • Darts
  • NASCAR
  • Snooker


Casino

The Casino section offers:

  • Live Dealer games (Blackjack, Roulette, Baccarat and more)
  • Table games
  • Slots and Jackpot slots
  • Virtual sports


Poker

Users who are interested in poker games can enjoy Daily Tournaments, the Sit & Go Tournaments, and Mega Tuesday (with $12,000 guaranteed in winnings, every Tuesday at 8pm).

User info



The BetMGM sportsbook is user friendly and can be used from home as well as on the go, as the is available for download both for Apple and Android users.
Users have to be 21 or older (unless they live in a state that allows gambling from the age of 18) to be able to have their accounts verified, and they have to respect certain criteria (such as not being employed by a league, team or specific event, as they cannot wager on their own sports).

What states is BetMGM legal in?



Each of the below states has its own rules and regulations in terms of gambling, geolocation, ages and more. Users should consult the legal matters that apply to the state they live in before signing up with BetMGM and wagering.

  • Arizona
  • Colorado
  • Washington
  • Illinois
  • Indiana
  • Louisiana
  • Michigan
  • Mississippi
  • New Jersey
  • Nevada
  • New York
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • Wyoming

BetMGM is currently in the process of expanding to numerous other US states, and will announce in due time each event.

Conclusion



BetMGM is a legit operator that holds sports betting licenses in numerous US states, which is why the interest in it is on the rise.
The platform is not the most user-friendliest in terms of navigation and users might have a hard time trying to get in touch with the support team; however, its multiple bonuses and reward programs, and entertaining games make is an easy recommendation for bettors.

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