Mgm Sportsbook Deposit Bonus

3/25/2022by admin
Mgm Sportsbook Deposit Bonus Rating: 6,3/10 5028 reviews

Promocode BonusMGM is valid for the BetMGM sportsbook and online casino. The BetMGM bonus code for West Virginia is BONUSMGM. This bonus code works for both BetMGM casino and BetMGM sportsbook for all WV based players. Using the code gives you a $25 free play no-deposit casino bonus and a 100% up to $1,000 matched bonus at BetMGM. BetMGM Casino gives new players $25 no deposit sign up bonus dollars and $1,000 match bonus money with BetMGM casino bonus code BonusMGM. BetMGM Sportsbook has $500 free bet first deposit match bonus, and BetMGM Poker is 100% up to $1,000 bonus cash + $10 real cash and $15 in tournament dollars. BetMGM PA Casino Bonus Code.

Promo Code
Available to bettors in NJ, VA, PA, IN, CO, WV, IA, TN, and MI!
Scores and Odds Rating: 4.5

MGM Resorts is one of the largest names in gaming, and now has the online presence to match. Since launching BetMGM in 2018, the company has sought to bring the same world class experience to mobile bettors that has become synonymous with the MGM name.

Here’s everything you need to know about BetMGM. Eligible states, types of bets, banking, and more – read on for all the details.

BetMGM Welcome Bonus

BetMGM welcomes new bettors to the book with a $600 risk-free bet with use of promo code SAOMAXPROMO. The same offer is available in every state where BetMGM is available, here are the terms:

BetMGM Risk-Free Bet up to $600

The current BetMGM welcome offer is a risk-free bet. After sign up your first bet (and only your first bet!) will be risk-free. If it loses BetMGM will give you freebets equaling the amount of that first wager, up to a total of $600. A minimum $10 real money deposit is required to qualify.

These bonus freebets will be available for use within 24 hours after your first bet is judged a loss. You will then have one week to use them, or else they will expire. If your first bet is for more than $50, the resulting free wagers will be divided into 20% increments. Therefore a maximum rebate of $600 through the promotion would be credited as five x $120 bets. If the first bet is sub-$50, it will be one bet credit. Any winnings from these freebets are free of restriction, though the original (free) stake isn’t returned on a successful bet.

Use our exclusive BetMGM sportsbook promo code SAOMAXPROMO during sign up to claim yours today.

  • Use Code: SAOMAXPROMO
  • Big, Exciting Brand
  • NJ-MI-PA-IN-CO-TN-WV-VA-IA-MI

Sign Up With BetMGM

Before you can place a bet, you’ve got set up the account, which can be accomplished with a few quick steps.

  • Step 1: Click our exclusive BetMGM sign up link here, which will direct you to our custom landing page.
  • Step 2: Click the gold ‘REGISTER’ button to begin the account creation process.
  • Step 3: Enter your first name, last name, email, and date of birth on the first page, then click ‘continue’.
  • Step 4: Choose your BetMGM username, add a password, and submit the last 4 digits of your Social Security Number. Don’t worry, it’s completely safe! Lastly, provide your mobile phone number and hit ‘continue’.
  • Step 5: The next section is pretty quick, as you just need to confirm your physical address. It’s important to note that you don’t have to live inside of the state you’re looking to bet in, so be sure to list your mailing address no matter where it is.
  • Step 6: Now, the final step asks bettors to select a few security questions and provide the relevant answers. Now, last but not least, the important ‘Bonus Code’ box is the last thing you’ll need to fill out. Be sure to enter BetMGM promo code SAOMAXPROMO in this field, and then click the large green ‘Create My Account’ button to finalize it.

Deposits and Withdrawals

New bettors will be directed straight from the account creation page, to the cashier to make a deposit. You can fund your BetMGM account anywhere, at any time. You don’t have to be physically located in a state with legal betting to do so. However, depending on the state you’re in, available deposit methods may vary – so be sure to load up the cashier and see for yourself. Common options include:

  • Credit/Debit Cards – Visa/MasterCard are the most popular, but American Express is also available in some locations
  • Online Banking Transfer
  • PayNearMe – deposit with cash at CVS, 7Eleven, Family Dollar, and other participating retail stores
  • Prepaid Play+ Casino Cards
  • VIP Preferred e-check
  • PayPal
  • Skrill
  • Paper Check

In person deposits are often available as well at participating partner casinos. For example, in New Jersey you may fund your BetMGM account in person at the Borgata Casino cage.

Making a Wager with BetMGM

Once you’ve got some online-cash at your disposal, it’s time to make a bet. Events with available ‘Live Betting’ are displayed front and center, right in the middle of the sportsbook’s homepage. Odds will update on the fly as game circumstances change. Additional markets exist on the left side of the website under the ‘Popular’ heading, or via ‘Top Sports’. Either way, you’re never more than a click or two away from the game you want.

After you’ve identified the bet(s) you want to make, all you have to do is click to add them to your Bet Slip where they will all be laid out for you. You can also combine multiple bets for bigger paydays when building parlay cards.

Once active on the Bet Slip you simply have to choose the stakes, and finalize the wager. Wa-la, you’ve made a sports bet.

Active States: Where You Can Use BetMGM

BetMGM is picking up momentum. Like most operators, its first taste of regulated online betting in the United States came in New Jersey, where its online product began accepting wagers on August 22, 2018 under the playMGM name. Since then expansion into new markets, plus a savvy rebrand to BetMGM, has only increased its notable profile. Here’s the full breakdown of BetMGM from state to state:

StatePromo CodeBonusOnline LaunchCasino PartnerRetail Launch
New JerseySAOMAXPROMORisk-Free Bet up to $600Aug. 2018Borgata (skin)N/A
West VirginiaSAOMAXPROMORisk-Free Bet up to $600Jan. 2020The Greenbrier (skin)N/A
IndianaSAOMAXPROMORisk-Free Bet up to $600Feb. 2020Belterra Casino Resort (skin)N/A
NevadaSAOMAXPROMORisk-Free Bet up to $600Feb. 2020ManyMany
ColoradoSAOMAXPROMORisk-Free Bet up to $600May 2020Midnight Rose Hotel & CasinoTBD
TennesseeSAOMAXPROMORisk-Free Bet up to $600Nov. 2020N/AN/A
PennsylvaniaSAOMAXPROMORisk-Free Bet up to $600Dec. 2020Independent License N/A
MichiganSAOMAXPROMORisk-Free Bet up to $600Jan. 2021MGM Grand DetroitMarch 11, 2020
VirginiaSAOMAXPROMORisk-Free Bet up to $600Jan. 2021N/ATBD

Details to Keep in Mind

Since the Supreme Court struck down PASPA in May 2018, all U.S. states have had the ability to pursue and regulate sports betting as they see fit. However, not every state views sports betting the same, or takes the same approach to regulation. There are often unique rules, requirements, or circumstances in each state that should be noted. Here are some to keep in mind:

New Jersey

While the Borgata AC is owned and operated by MGM Resorts, you won’t find an official BetMGM branded sportsbook on site. Don’t worry though, bettors can still deposit and withdraw from their BetMGM online accounts in person at the Borgata casino cage in NJ.

West Virginia

BetMGM entered the WV market in January 2020 using a skin on The Greenbrier’s gaming license. It is not, however, an MGM property nor the retail sportsbook sponsor on site. That distinction falls to FanDuel. Thus, BetMGM customers in the state are not able to deposit/withdraw from their accounts in person at The Greenbrier, it must be done online.

Indiana

Similar to West Virginia, BetMGM accepts wagers in Indiana using the Belterra Casino’s license, but once again it is not the on-premise sportsbook sponsor (also FanDuel). All banking transactions, too and from the account, will need to be done online.

Nevada

MGM has many retail partners in Nevada. BetMGM actually still goes by their old name, playMGM. While you can satisfy some of the playMGM NV registration requirements online, you must visit an in-state MGM property to finalize the process before you can make an online bet. You can complete registration, and deposit/withdraw from your account in Nevada from any of the following locations: Bellagio, ARIA, MGM Grand, Mandalay Bay, Mirage, Monte Carlo, NY-NY, Luxor, Excalibur, or Circus-Circus.

Pennsylvania

MGM Resorts can be found all over the world, however, they do not currently operate any brick-and-mortar casinos in Pennsylvania. Thus, when it came time to apply for online licenses, MGM was initially left out in the cold. However, after a few went unclaimed, the opportunity to enter the Keystone State in an online-only capacity was too good to pass up. BetMGM brought both their online casino and sportsbook to the PA market in December 2020.

Colorado

BetMGM is live in Colorado as of May 2020. You can wager on pretty much everything in Colorado, except for college props. For example, if you want to bet on your favorite college basketball player scoring 15 points, it’s unfortunately off limits. Beyond that, the sky is the limit.

Tennessee

BetMGM has no casino or licensing partner in Tennessee because the state doesn’t require them. TN is an online-only betting market, there are no retail sportsbooks.

Betting restriction wise, college player props are the only notable items that are off the table.

Iowa

BetMGM landed in Iowa in early 2021, just as the state eliminated the in person registration requirement. As of Jan 1, 2021, registration can be done both in-person and online via your computer or mobile device.

Michigan

BetMGM was among the first online sportsbooks to accept wagers in the state of Michigan on January 22, 2021. The company is partnered in state with its own MGM Grand Detroit casino.

Virginia

BetMGM launched in Virginia in January 2021, and brings all the same action to the Commonwealth that you have come to expect from one of the industry leaders. The only exception in Virginia is that in-state college sports is off limits, so you would need to travel outside the state to place your UVA bets elsewhere.

BetMGM Mobile App Experience

BetMGM brings an efficient sports betting experience to the market. When you first pull up the app you’ll see popular events displayed front and center. Spread, total, and moneyline will be the first options you see, with an easily accessible ‘Game Props’ button just below that yields a much larger betting sheet.

The mobile BetMGM experience revolves around an easy to use menu at the bottom of the app. From it you can easily select the sport you want (listed from A-Z), see live games, view your active wagers, check your bet slip, and contact support.

The browser-based book is equally easy to use, though most of the menus and available betting options can be found either at the top of the page, or along the left side. After selecting a bet via browser, your slip will be prominently shown towards the right of your screen, also showing options for parlays and round robins.

FAQ

What is the BetMGM sportsbook welcome bonus?
The BetMGM welcome offer is a risk-free bet worth up to $600.

What is the BetMGM promo code?

Use our exclusive promo code SAOMAXPROMO to receive your sign up rewards. Be sure to enter the code in the ‘Bonus Code’ box during registration, as illustrated above.

Is BetMGM legal?
BetMGM is completely legal, and fully licensed to operate online sportsbooks in the states listed in the table above. Keep in mind that you must be physically located in one of these states to legally bet on sports with BetMGM.

Is my money secure with BetMGM?
There’s absolutely no reason to be concerned for the safety of your funds on BetMGM. As a licensed online sports betting operator, BetMGM has been certified by the chosen regulatory body in every state where it is available.

Do I have to register in person to bet online?
Only in certain states. Nevada is currently the only BetMGM state that requires that you complete the registration process in person at a participating MGM property.

I think I might have a gambling problem, how can BetMGM help?
At the bottom of the sportsbook homepage under the ‘About Us’ section, BetMGM offers a Responsible Gaming link for all kinds of state-specific information. If you’re looking to self exclude, set limits, close your account, or just seeking someone to talk to – you’ll find the resources you’re looking for.

The BetMGM online sportsbook features a very generous sportsbook sign-up bonus and a number of impressive options to bet from. BetMGM is a sportsbook to watch. Backed by one of the top gaming companies in the US, we anticipate it will become a major player within the next few years.

Get $600 Risk-Free Bet At BetMGM Sportsbook

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  • Weekly 'Money Monday' promotion is arguably the best in the industry
  • Up to $600 Risk-Free Bet
  • Fantastic user experience
  • Strong partnerships with sports leagues and name brands

BetMGM Bonus Code 2021

BetMGM offers a decent new player bonus offer. Use our exclusive link below to claim up to a $600 risk-free bet offer. By entering our BetMGM Bonus Code: TOPBONUS100 to claim this offer. Please review the full terms and conditions before depositing.

BetMGM Sportsbook Bonus CodeUse Bonus Code 'TOPBONUS100' to claim bonus offer
Risk-Free BonusUp to $600 risk-free bet bonus
1x play through?Yes
Minimum Deposit$10
BetMGM Sportsbook StatesMI, VA, CO, WV, NJ, PA, IN, NV, TN
Date Last VerifiedMay 2021

BetMGM Online Sportsbook: Quick Facts

  • BetMGM Sportsbook offers a $600 risk-free bet offer on the first deposit at the site. Terms and conditions apply.
  • There’s a wide variety of sports on offer, including US and international sports. They accept all types of straight bets as well as prop bets.
  • BetMGM has been announcing partnerships with professional sports leagues, including the Detroit Lions.
  • Deposit options include ACH/eCheck, prepaid cards, debit cards, PayPal, and casino cage deposit.
  • BetMGM Sportsbook is legally available to players in Michigan, Colorado, Indiana, Iowa, Nevada, New Jersey, Tennessee, Pennsylvania, and West Virginia. It is anticipated that BetMGM will launch in Illinois as well.
  • BetMGM also operates an online casino in New Jersey, Pennsylvania, and Michigan.

Pros

  • Strong partnerships with sports leagues and name brands to bring aggressive promotions to the consumer
  • Fantastic User Experience with a smooth and easy to navigate application
  • Money Monday features a free $10 bet every Monday with qualifying bets of at least $50 the week prior

Cons

  • Not typically first to market in a state once sports betting is legalized
  • Higher vigorish compared to other sportsbooks
  • No live-chat customer service option and difficult to find email and phone numbers
PLAY NOWPLAY NOW
Rating: ⭐⭐⭐⭐Rating: ⭐⭐⭐⭐Rating: ⭐⭐⭐⭐
Bonus:
Risk-Free Bet Up To $600
Bonus:
$250 Deposit Bonus
Bonus:
Two Risk-Free Bets Up to $1500
PayPal Deposits: YesPayPal Deposits: YesPayPal Deposits: Yes
Cash Deposits:
PayNearMe, PayPal Online Banking, Credit/Debit Card,
ACH Check, Skrill
Cash Deposits:
Online Banking, PayPal, Credit/Debit Card
Cash Deposits:
PayNearMe, Online Banking, PayPal, ACH Check

What States Is BetMGM Sportsbook Available In?

BetMGM Online Sportsbook is available in Colorado, Indiana, Iowa, Michigan, Nevada, New Jersey, Pennsylvania, Tennessee, and West Virginia.

BetMGM Michigan Online Sportsbook

BetMGM Sportsbook officially launched its online app in Michigan on January 22, 2021. BetMGM Michigan is offering new bettors a risk free bet up to $600. Claim the offer here.

One of the requirements for online sportsbooks in Michigan is to partner with a local casino in order to get its license. Because the MGM brand owns BetMGM and operates the MGM Grand Detroit, BetMGM had a leg up when it came to operating and launching Michigan. BetMGM also opened a retail sportsbook at the MGM Grand during 2020.

BetMGM Colorado Online Sportsbook

In November of 2019, Colorado legalized sports betting online and in-person. Colorado online sportsbooks launched on May 1, and sites like BetRivers Sportsbook were first to market. Although it took a bit longer for BetMGM to debut in Colorado, they made it.

The Colorado Division of Gaming Enforcement licenses all online sportsbooks in Colorado and each sports betting site must partner with a local, land-based casino. BetMGM partnered with Midnight Rose Hotel and Casino.

BetMGM Indiana Online Sportsbook

The Indiana Gaming Commission gave BetMGM the authorization to debut in February 2020. In partnership with Belterra Casino & Resort, BetMGM immediately jumps near the top of the Indiana sports gambling market along with DraftKings Sportsbook.

Thanks to Boyd Gaming, the parent company of Belterra Casino & Resort, BetMGM has brought their superb reputation to Indiana, a huge boon for sports bettors in Indiana.

BetMGM Iowa Online Sportsbook

Now to be outdown by its midwest neighbors, Indiana and Illinois, Iowa has been making quite a splash with its online sports betting market. BetMGM Iowa officially launched in January 2021, just before its Michigan launch. BetMGM partnered with Diamond Jo Casino in Dubuque.

BetMGM Nevada Online Sportsbook

Las Vegas, Nevada, is home to the largest selection of casino resorts in the US. MGM has a large foothold in the city, giving it a leg up on the competition when it comes to sportsbooks in the state.

MGM Resorts include:

  • The Bellagio
  • ARIA
  • MGM Grand
  • Mandalay Bay
  • The Mirage
  • Park MGM
  • New York- New York
  • Luxor
  • Excalibur

Many of these locations now host sports betting kiosks. There are over 100 MGM sports betting kiosks in the market. But, sports bettors in Nevada don’t need to visit a Nevada casino to wager on their favorite sports.

Nevada’s BetMGM sportsbook app provides a strong user experience, backed up by their relationship with Roar Digital, LLC.

BetMGM New Jersey Online Sportsbook

Mgm Sportsbook Deposit Bonus

BetMGM Online Sportsbook was one of the first sportsbooks to debut in NJ during the summer of 2018. Some fans may recognize BetMGM as “PlayMGM,” which was its initial launch name. The company rebranded when they announced their partnership with Roar Digital LLC.

Of interest to NJ sports betters, Yahoo! partnered with BetMGM, effectively launching the Yahoo! Sportsbook. The Yahoo partnership gives NJ sports bettors and other users some unique offerings.

BetMGM NJ Online Sportsbook offers players very aggressive promotions and is partnered with their own Casino, The Borgata. The online platform is an IGT product operating under the Borgata license, which also offers retail sports betting on property.

BetMGM owns one of the largest casino chains in the world. Featuring, arguably, the most well-known luxury Casino & Resort in NJ, the Borgata Casino is a brick and mortar location for betters to enjoy the beauty of sports in the best possible way. Deposits can be made in person at their cashier kiosks as well but the in-app deposit options are extensive.

BetMGM Pennsylvania Online Sportsbook

BetMGM Online Sportsbook was one of the most recent sports betting apps to launch in Pennsylvania, in December 2020. The sportsbook launched just after the BetMGM Casino app launched in Pennsylvania.

BetMGM is partnered with the Pittsburgh Steelers as one of the team’s preferred sportsbook partners. BetMGM also announced a partnership with the 76ers at the end of 2020. BetMGM first launched its online casino in Pennsylvania.

Unlike other Pennsylvania online casinos, BetMGM doesn’t have a local casino partner. Instead, they opted for an independent license, which is part of the reason why it took longer to launch than other casino apps in the state. The sportsbook launch followed just weeks after.

BetMGM Tennessee Online Sportsbook

BetMGM joined a handful of other online sportsbooks when Tennessee officially launched online sports betting on November 1, 2020. Unlike other states, there is no local retail partner required for sportsbooks in the state. That’s because there are no retail casinos in the state. The Tennessee Lottery licenses and regulates all sportsbooks.

BetMGM West Virginia Online Sportsbook

BetMGM Sportsbook West Virginia is partnered with The Greenbrier Resort, which opened in 1778. The state legalized online gaming in March 2018 and the first online sportsbooks debuted in January 2020.

Full Review Of BetMGM Sportsbook

The three things that you look for when attempting to grade a sportsbook are as follows.

First, overall betting options in terms of both types of sports and betting types. Second, would be the user experience of the application and ease of betting when using it. And lastly, a sign-up bonus that draws the consumer into the market. BetMGM grades highly on this scale making BetMGM Sportsbook one of the best online sportsbooks in the industry.

BetMGM’s strength in the industry, backed by the reputation of MGM, means they are able to partner with sports leagues across the country. In 2020, BetMGM partnered with the National Lacrosse League to bring fans the option to bet on Lacrosse! MGM also partnered with Yahoo!. In Michigan, BetMGM announced a partnership with the Detroit Lions.

BetMGM Sportsbook is able to compete with other popular sportsbooks, including DraftKings, FanDuel, and FOX Bet. Although it’s still finding its own with respect to odds, being backed by MGM means where there is room for improvement, a strong publicly-traded company backs the app.

Overall, BetMGM is strong across the board in the three most important aspects of a sports gambling app. The rating of this sportsbook is high and will be difficult to beat, especially as they continue to take market share.

Key Features Of BetMGM Sportsbook

Types of bets offered: Spreads, Moneylines, Futures, Totals, In-play, Prop Bets.

Does BetMGM Online Sportsbook Have a Rewards Program? Yes, betters will accrue M-Life rewards allowing them to earn personalized offers and perks at MGM resort casinos.

What Sports Leagues are Covered? NFL, NBA, MLB, NHL, NCAA, EP, MMA, and many more.

Mobile apps: Android and iOS. Web-version is available.

Deposit methods: Credit/Debit Cards, PayPal, Play+ prepaid card, Skrill, PayNearMe, cash at land-based casino,

Minimum deposit: $10.

Betting limits: Players are responsible for their own limits.

Other products available from sportsbook account:

  • Full online sportsbook
  • Physical Casino locations across the country

License Information: BetMGM is licensed and regulated in each state jurisdiction it serves. For instance, in New Jersey, BetMGM is licensed and regulated by the New Jersey Division of Gaming Enforcement.

Deposits And Cashouts At BetMGM Sportsbook

How Can I Deposit At BetMGM Sportsbook?

Deposit MethodMinimum DepositHow long for funds to appear in my account?
Online Banking$10Generally instant
Visa, Mastercard, American Express Credit Card$10Generally instant
Paypal/Skrill$10Generally instant
ACH (eCheck)$10Up to 48 hours
PayNearMe with 7Eleven/MGM Casino & Resort Cash$10Cash - Instant

The most commonly used methods are credit/debit cards and PayPal. However, BetMGM does have the BetMGM Paid+ Prepaid Card. You can apply for this card on the BetMGM website. The card automatically attaches itself to the Sportsbook account. The card can be funded with Visa, Mastercard, or ACH, and then funds the Sportsbook account in turn with the card.

My Credit Card Was Declined At BetMGM Sportsbook. What Do I Do?

A consistent issue that betters run into is their credit card companies will not recognize the transaction and reject it. This happens when sportsbooks open up initially, which is a very common initial issue to run into. In this case, try one of the following options:

  • Using the BetMGM Play+ prepaid card
  • Using a different credit card
  • Using eCheck / ACH

How Can I Cash Out From BetMGM Sportsbook?

Withdrawal MethodMinimum CashoutHow long for funds to appear in my account?
Online Banking/Play+ Prepaid Card$10Generally Instant
Paypal/Skrill$10Generally Instant
Check By Mail$500Up to 14 business days
Casino Cashier$10Instant

BetMGM deposit and withdrawal options are some of the best in the industry. Adding PayPal and Skrill for instant transactions as well as online banking gives players instant transactions with no fees.

In some cases, there are limits on how a bettor can withdraw or cashout depending on the method of deposit. For example, if you use PayPal or Skrill to deposit, you cannot request a cashout via credit or bank transfer to withdraw.

How Can You Play At BetMGM Online Sportsbook?

Android App. BetMGM online sportsbook is available as an Android app. It's available for download in the Google Play store for players in NJ, WV, CO, IN, TN, PA, and IA. However, those located in MI or VA will need to download the app directly from the BetMGM website.
iOS App. BetMGM’s iOS app is very well-regarded and is available for download from within the App Store for iPhone and iPad.
Browser. BetMGM online sportsbook can also be played from any major browser, including Chrome, IE, and Firefox.

Common Geolocation Issues With BetMGM Sportsbook

In order to bet with BetMGM, you must be in the state that the app mandates. Once you are inside state borders you will be able to place a bet.

BetMGM has had issues with this in the past with one IOS reviewer saying, “The app tells me I am not in NJ every time I try to place a bet. There is no check location feature on this app.”

This is definitely something BetMGM should invest in because constantly having to open and close the app for location checks definitely grows tiresome.

What You’ll Probably Like About BetMGM Sportsbook

Money Monday!

Arguably the best weekly promotion in the industry. Fans who bet $50 in a given week are given $10 free the following week! There are no odds restrictions and single bets are included in this promotion. Not to be confused with FOX Bet who offers a similar promotion but only on parlay action. You can qualify for this every week on BetMGM!!

User Experience Is Near The Top In The Industry

Taking application layout seriously is important and something BetMGM clearly invested lots of money and time into. The panels on the left side and bottom give bettors ease of access when choosing between different categories and sections.

Backed By MGM Reputation

MGM is one of the top companies in the gaming industry. This means bettors can feel confident when betting with the BetMGM Sportsbook.

Why You Might Choose A Different Online Sportsbook

BetMGM Sportsbook’s “No-deposit” Option Is A Casino-only Bet

You will see many “free $25 no deposit required” throughout the ad campaigns for BetMGM. This is only for casino bettors, not the sportsbook. This is important to differentiate. When you sign up for the sportsbook, there is no free bet without a deposit.

Higher Vig Than Other Sportsbooks

Vigs are tough to work around because sportsbooks are not exactly the most profitable business. Vigs are basically a commission on bets that are placed through their app. Many people claim that FanDuel and FOX Bet offer significantly better odds, which does not come as a surprise.

BetMGM has an extremely high overhead cost with its casinos. In some cases, be sure to check the odds on other websites before placing your wager.

BetMGM Sportsbook: License Information

Below is a list of states where BetMGM operates an online sportsbook and their license partner in each state.

ColoradoMidnight Rose Hotel and Casino
IndianaBelterra Casino Resort & Boyd Gaming
IowaDiamond Jo Casino
MichiganMGM Grand Detroit
NevadaMGM Las Vegas Properties
New JerseyThe Borgata Casino and Resort
PennsylvaniaNo local partner
TennesseeLicensed by TN Lottery with no local casino partner
West VirginiaGreenbrier Resort

Sports betting regulation works differently in each state. What is consistent is that each state has a regulatory agency responsible for overseeing all gaming activity, including online sports betting. For example, all legal online sports betting in New Jersey is regulated by the New Jersey Division of Gaming Enforcement. The NJ DGE regulates all retail casinos and online gaming sites to ensure fair play for bettors.

In states where MGM has a casino operation, like in New Jersey, Nevada, and Michigan, the license comes under the MGM license. In states where MGM doesn’t already operate a retail casino, they must partner with a local casino. This is the case in West Virginia, where BetMGM operates in partnership with The Greenbrier. In Tennessee, BetMGM operates under an online-only license as there are no retail casinos in the state.

Is The BetMGM Online Sportsbook Right For You?

BetMGM Online Sportsbook is backed by one of the largest companies in the gaming industry. BetMGM offers bettors in most states a $600 risk-free bet for fans to try a large betting option. If your bet loses, you will be given a refund in the form of a $600 free bet. The app is extremely easy to use and promotions are abundant throughout your time using it. Buffalo Wild Wings and Yahoo! are two of their largest partnerships and will undoubtedly extend their reach to fans across the nation.

Critics of BetMGM will be frustrated by large vigorish and competitors may feature stronger odds. The veteran sports bettor will already know to hunt around for the best odds regardless of the sportsbook. This is an important distinction. The veteran sports bettor will take the sign-up bonus and hunt for the best prices on bets to increase the profit margins and have the opportunity to make the most money.

BetMGM Sportsbook FAQs

Yes, you must be located within the state borders where BetMGM is legally authorized to operate. Currently, BetMGM is licensed in Michigan, Indiana, New Jersey, Nevada, Tennesse, West Virginia, and Colorado.

Yes. BetMGM is owned by MGM Resorts International who owns several casinos throughout the United States like the Borgata Hotel in Atlantic City as well as a litany of casinos in Nevada. They operate legally and various state gaming commissions regulate both their online operations and their retail casinos.

Yes. BetMGM is available for download on both Android and iOS devices.

How old do you have to be to bet online at BetMGM Online Sportsbook?

21 or older. You must provide proof of identity when signing up for an account.

Can I place bets directly on the BetMGM website?

Yes. BetMGM has a comprehensive website for fans in each state to place wagers directly on a website. This can be done on a computer or desktop anytime. Just choose your state from their website.

How do I get paid if I win at BetMGM Online Sportsbook?

BetMGM Online Sportsbook offers a variety of cashout options from PayPal, credit/debit card, wire transfer, and even a physical check. You can also get cash if you are near one of their official casino locations. This is not an option in Tennessee where there are no local, retail casino partners.

Sportsbook Bonus Offers

With some cashout options, you must have deposited using that same method.

Yes. BetMGM offers comprehensive and extensive live betting options. This gives sports bettors the opportunity to place bets while games are in play. This is not an option for bettors looking at college sports action in Tennesee, where in-game betting on college matches is prohibited.

What is the best way to make a deposit at BetMGM?

Cash Bonus Sportsbook

PayPal, Credit/Debit Card, and online banking are all instant options to fund your account. Refer to our table above for a full list of ways that you can make a deposit at BetMGM.

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