BetMGM is a popular name in the US gaming industry. It has been around for a while now, and they have made a name for themselves. In this article, we will review the main things you need to know before signing up for BetMGM. Let’s hope you find this information helpful.
Table of Contents
Sports and Markets Available
BetMGM doesn't offer a lot of options when it comes to the variety of sports available. Their top-grossing sports are:
- Ice Hockey
They also offer niche sports such as Formula 1 or Mixed Martial Arts. Overall the number of sports they provide is thirteen, which compared to other bookmakers is very low.
When we talk about bet types and which are available on BetMGM, we can say that all the expected betting types are available, and while not all of them are popular, at least they are available. Here are the betting types you can choose from:
- Round Robins
BetMGM also provides markets for College sports. This practice isn't particularly popular among many bookmakers, which kind of makes BetMGM unique. They are certainly not the only bookmaker to offer college sports, but they are one of the few. They also have exclusive college sports promotions that benefit the bookie even more in that department.
Odds and Limits
We won’t compare BetMGM’s odds to a specific bookie's prices. Still, we must acknowledge that if we make a general comparison to the overall odds provided by competitors, we can safely say that BetMGM is doing well. Their prices aren't perfect, and let's admit it we can't get excellent odds from a traditional bookmaker (like the odds we choose when we bet on an exchange), but they are trying to satisfy their customers while getting a little something for themselves too. They could provide better odds like other top choices like bet365 or DraftKings, but for now, they are keeping their users happy.
There is one category in which BetMGM is doing great, and that's their odds on NCAAB, NCAAF bets, and NBA spread bets. These three divisions have the most competitive odds available. But there are categories where you will probably be more satisfied if you place bets elsewhere such as NFL lines, soccer money lines, or NHL spread bets. No one is perfect, and these are categories in which BetMGM needs to work on.
Another exciting bonus you can benefit from is the “Boosted Odds” promotion. You can have your favorite bets at enhanced prices for a limited time only. The odds on the improved price list change daily, so you don't have much time if you want to get in on the action. Be sure to check the website or app daily to find out which odds are on the list today and if you want to bet on them or not.
The in-play odds are also another category that needs improvement. The interface is old, and the only info provided is the current scores. You can't even see detailed stats. Overall the live betting experience lacks a lot, and compared to other lead bookmakers in the industry, the experience you get from the in-play section is average at best.
BetMGM is full of exciting promotions, even if they are not as many as we'd all like them to be. They change them up frequently, so you don't have to wait long to find a bonus you are interested in.
Their current welcome bonus is a $500 Risk-Free First Bet. All customers that place their first wager on the playMGM Sportsbook, whether it is in Nevada or New Jersey, they will receive a $500 risk-free bet. What this means is that your next wager that doesn't go as planned will be paid back up to $500. And the threshold is also higher than what we usually see when bookies offer risk-free bets. To snatch this offer, you must be a new customer and create a free account. After placing your first wager (if it loses), you will get the bonus reward of up to $500 cashback.
Other bonuses and promotions you can see on the app or desktop site are popular:
- Sunday Strategy, free bets up to $50
- Pro Football Playoffs Bet & Get
- Place a pre-game Hockey bet and get an in-play free bet
- Money Monday Club
- Power Parlay Leaderboard
BetMGM offers some exclusive features that will make your betting experience even better. Some of the features the bookie is offering are:
- Edit My Bet
- Cash Out
- Live Streaming
- Daily Odds Boosts
You will be happy to know that this extremely sought-for feature is available at BetMGM. It is 100% free, meaning you don't have to pay any taxes or fees to use the feature. The only requirement is that you have a funded and active account. Another fact you will be delighted about is that this popular feature is available on the mobile app as well. This feature has been quite popular in recent years and has become a step toward the top bookie lists. BetMGM is going places with all the changes and the introduction of all the new features.
BetMGM supports versions of its apps for both Android and iOS. You can find detailed instructions on how to download them on BetMGM’s website. But to play on them, you have to either be in Nevada or New Jersey. These are the only states the app is available in, but there are plans to add more states to the roster such as:
The app has impressive new features like faster banking, 24/7 customer support, and more secure betting experience. You can enjoy live-betting options and daily doses of boosted odds. The bookie has outdone themselves when redesigning the app.
Frequently Asked Questions
Q: Can I deposit into my BetMGM NJ account via Cash?
A: Yes, you can. You need to visit the cashier desk at Borgata Hotel Casino & Spa resort in Atlantic City, New Jersey, and provide your ID and account info.
Q: How do I request a market?
A: If you wish to place a wager on an event or market that you can't see on the roster, then contact the BetMGM support team for further details. They will speak to their team of traders to see if the market/event you wish can be added and give you feedback as soon as possible.
Q: Can I use my BetMGM Nevada account to log in to the BetMGM New Jersey app?
A: No, you can't. The Nevada app is separate, and if you wish to play from New Jersey, you will have to download the NJ app and create an account there.
Q: Is there an age requirement for playing on BetMGM?
A: Yes, there is. You have to be at least 21 years old to use the BetMGM app or create an online account.
Q: Can I play from West Virginia?
A: Unfortunately, currently, BetMGM doesn't have a sportsbook for this state. You can play form Nevada or New Jersey. Soon they might add more states to the list like Michigan, Pennsylvania, Indiana, and even West Virginia. Only time will tell which of them will be added in the future.
BetMGM has made a substantial upgrade. They redesigned their app and website's appearances and even added a few new features. These changes made a difference and attracted many new clients since the launch of their official online Sportsbook. The variety of available sports and markets isn't that impressive compared to market leaders such as William Hill or Bet365. Still, they manage to fill a market niche by becoming a top College sports odds provider. They are very popular when it comes to that category, whether it is Football, Basketball, or any other college sport.
The new features they added – Cash Out, Live Streaming, and Edit My Bet are very trendy among new and existing clients alike. I especially love the Edit My Bet feature because it gives me more flexibility when betting, and also, I don't have to worry too much if I make any mistakes when placing a bet. The Live Streaming feature is their newest attraction. It's completely free as long as you have an active account, and you don't have to place any bets to watch the matches.
The only drawback I can think of would be the fact that for now, you can only play from Nevada or New Jersey. Of course, there are plans for expansion in the future, and individual states like Michigan, Pennsylvania, Kansas, and Indiana have been mentioned. Still, we won't know anything until the official launch.
Recently BetMGM has made a lot of changes to accommodate the evolution of sports betting in America, and for now, it seems like they are benefiting from them. Only time will tell if BetMGM will climb the so-called “success ladder” and become a top US sports betting provider or not.