BetMGM Sportsbook Promo Code and Sign-Up Bonus

Check out Pickswise's full BetMGM Sportbook Review, including the best features, promo codes and everything you need to know about BetMGM sportsbook.

Table Of Contents:

Few names in hospitality and gambling hold quite the weight of MGM Resorts International. With BetMGM Sportsbook, the longstanding and respected brand has entered the online betting space as a powerful force. Drawing from years of experience serving loyal MGM customers in the brick-and-mortar gambling and hotel industry, BetMGM has learned a thing or two over the years. This expertize is brought to its robust sportsbook product in many tangible ways.

Our BetMGM Sportsbook review will examine the significant factors that make a sportsbook worth its salt. This will include essential elements like ease of sign-up, payment and withdrawal methods as well as customer service. We will also analyze some of the tech-oriented aspects of the experience, like the mobile and desktop platforms and the BetMGM app,

On top of all that, we will go in-depth on the variety of sports and bet types available at BetMGM Sportsbook. This will include an analysis of the most traditional sports to bet on in the US, like the NFL and NBA, in addition to reviewing some of the more exotic options available. We will do the same regarding bet types, analyzing the standard money lines, point spreads and totals (over/unders) in addition to multi-leg betting options, props, futures and beyond.

Plus, we’ll discuss the many benefits loyal BetMGM bettors can obtain. This ranges from lucrative welcome bonuses to ongoing promotions like reload bonuses, parlay insurance, odds boosts and more. Not to mention going into the world-class BetMGM rewards program, where you can see how its extensive experience in hospitality pays off in the sports betting arena.

If there is one thing for sure, you will need to sign up for BetMGM Sportsbook to start receiving the many benefits and enjoying sports betting. And while you are signing up for a new account, you’ll be remiss to not take advantage of the lucrative BetMGM welcome bonus available. Next, we will walk you through the sign-up process and how to claim a first bet worth up to $1,000 using your BetMGM promo code.

How to sign up for a BetMGM Sportsbook account

Signing up for a new account with BetMGM Sportsbook is easy as pie. Still, we understand that it can be helpful to have detailed instructions to make signing up for a new sportsbook easier. Please note in advance that all verification details must be provided for the safety of your account and personal funds. Here we’ll look step-by-step, including using your BetMGM promo code to claim your first bet of up to $1,000 on BetMGM.

  1. First, you will need to click on one of the links in our BetMGM review to access the BetMGM Sportsbook sign-up page.
  2. You will now have the opportunity to select the option to “Join Now,” and you will be taken to a registration page.
  3. This is where details like your name, address, date of birth and the last four digits of your Social Security number are entered. You will also select your password here.
  4. After this, you must agree to the terms and conditions of BetMGM Sportsbook. Now you will get a confirmation email from BetMGM confirming that you have signed up.
  5. Now, it is time to sign in to the site using the login details you created and place a deposit. You will want to use your BetMGM promo code to receive your welcome bonus.
  6. Before withdrawing funds, you will need to confirm additional details with BetMGM. You will be able to bet before this, but they will request these verification details when you attempt to withdraw.
  7. This will include a form of ID such as a driver’s license and proof of address.
  8. Once you’ve provided these details, you can withdraw funds. Again, you can deposit and bet as soon as you sign up. Let’s analyze the process of placing your first bets.

How to place a bet on BetMGM Sportsbook

Any BetMGM Sportsbook review needs to cover the betting process since that’s what we’re all here for. It is straightforward to place wagers at BetMGM using the mobile site, desktop version or the app for iOS or Android. You are ready to place a bet as soon as you have signed up before entering your final verification details. Here we will go through the process one step at a time.

  1. First, you must sign into your BetMGM Sportsbook account using your credentials.
  2. Now you will navigate to the sport you would like to place a bet on. You will find that the BetMGM menus are well organized for the website and app alike. More popular sports like NFL and NBA will be the easiest to find.
  3. Once you select a sport, you will see the list of games available to wager on. You will also see common wager types and lines/odds.
  4. Upon selecting a wager, the BetMGM bet slip will show you your bet and allow you to enter a wager amount. Once you enter a dollar amount, you will see what you would stand to win.
  5. You can add additional bets to the bet slip to place as individual wagers or add them to a parlay. On the bet slip, you will see what you would stand to collect for these wagers.
  6. You will now have the option to “Submit” once you are happy with your selections. You will need to do this for your bets to be placed. You will then be able to track your running bets at BetMGM via the “My Bets” section of your account.

BetMGM Sportsbook bonuses and promotions

Betting on sports can be entertaining and rewarding, regardless of the outcome. Still, we wouldn’t be risking our money if we weren’t hoping to win. Not only is profitability a good thing, but the thrill of betting is heavily weighted towards the enjoyment of winning money.

If you want to come out ahead in the end, winning your bets is important, but there are other ways to improve your return on investment (ROI) dramatically. One way is to shop for the best lines and odds for any bet. Another is to take advantage of all lucrative bonuses and promos available at the top sportsbooks.

BetMGM promo offers are among the best available in the industry, and it all starts with the welcome bonus. In addition, you will find a lot of additional promotions like odds boosts, parlay insurance, additional deposit bonuses and more. If you want to be a profitable bettor, you will undoubtedly want to take advantage of all the lucrative BetMGM Sportsbook promo offers.

The first step is to understand the various types of bonuses BetMGM provides. Let’s start with the sign-up bonus, and we’ll also analyze the various ongoing promos available.

Welcome bonuses

The welcome bonus is the most common type of promotion you will find at all major sportsbooks. A welcome bonus encourages prospective sports bettors to sign up for sportsbooks. BetMGM offers one of the best in the industry. 

BetMGM offers a generous $1,000 in bet credits with an initial deposit and wager. Upon signing up, you will receive bet credits matching your first wager of up to $1,000 if it loses.

You must deposit and bet at least $10 to qualify. If your wager is 0ver $50, your credits will be broken up into 20% chunks of your initial bet. You will only collect the winnings on wagers made using the bet credits, not the amount you bet.

Odds boosts

Odds boosts are frequently offered by BetMGM and are one of the best ways to increase your ROI in sports betting. They are prominently displayed on the BetMGM page, and it is a good idea to check daily for any new odds boosts.

Generally, you will find an odds boost in the form of a parlay. Sportsbooks will pair particular set selections and give you more favorable odds than you would obtain if you bet those selections using a standard parlay. Since you are receiving favorable odds, it is wise to take advantage of these in most cases.

Parlay insurance

Another no-brainer BetMGM promo you will frequently see is parlay insurance. The exact specifications of the various parlay insurance offers you will see at BetMGM and throughout the industry varies. Still, let’s break down essentially how these promos work.

A common form of parlay insurance would be where you are offered the opportunity to bet, for instance, a five-leg parlay. Yet, rather than with a standard parlay where you would lose your bet if one selection loses, you are afforded your money back if four of the five selections win. If you are a bettor who enjoys playing sizable parlays, you’d be wise to take advantage of any parlay insurance offers available.

Reload bonuses

Another common benefit you will find among BetMGM promos is the reload bonus. Reload bonuses refer to additional deposit/wager match offers that extend beyond your first deposit/bet. You will be notified periodically when these offers are available via your BetMGM account.

What states is BetMGM Sportsbook legal in

Before even considering betting at BetMGM Sportsbook, one must consider whether it is legal in their state of residence. Here we will look at the states where BetMGM is currently operating. As one of the pioneers of regulated online sportsbooks in the US, you will find that BetMGM is active in most states where online sports betting is legal.

Please consider that as more and more states legalize sports betting, BetMGM will be one of the first active operators. We will keep you up to date on all new states that legalize sports betting, where BetMGM will inevitably become active soon. Let’s look at a complete list of active states for BetMGM Sportsbook.

BetMGM Sportsbook mobile app review

Most sports bettors looking for the top online sportsbooks will spend most of their time betting and tracking their bets using mobile apps. For this reason, BetMGM reviews need to consider the functionality and ease of use of the mobile app in addition to the desktop and mobile versions of the website.

Here we will go in-depth on all factors regarding the BetMGM mobile app, including essential elements like compatibility with different operating systems, storage space required and how updates work. We will also analyze more specific qualities of the app, like the overall aesthetic experience, how easy it is to use, what unique features are available and more.

The number one factor when considering any mobile app is whether it is available for your device. Fortunately, the BetMGM Sportsbook app is compatible with both iOS and Android devices. However, it is worth noting that the Google Play store does not allow gambling apps to be displayed. Therefore, you will need to visit the BetMGM Sportsbook website to download the app for Android.

BetMGM reviews by active app users are quite favorable across the board. The interface is modern, in line with the general aesthetic qualities of the BetMGM brand. The app is responsive, the bet slip is intuitive and the list of sports and bets you can make is well-organized and easy to navigate. Plus, BetMGM offers an excellent selection of live-streaming options.

A mobile app must enable you to update it frequently and without issues. Some apps can also take up an unreasonable amount of space on your device. Especially considering the complexity of the BetMGM Sportsbook app, it is sensible in size and won’t eat up too much space on your device. We found this to be the case for both iOS and Android devices. Updates are convenient, easy and go off without a hitch.

BetMGM Sportsbook website review

It is also imperative to consider the website when looking at a sportsbook. Yes, many modern bettors will prefer the app experience for easy use when on the go or not near a computer. Yet, some sports bettors prefer to place their bets using desktop or laptop computers. Some may be more comfortable with the experience, and astute bettors may find it easier to navigate to advantageous lines and odds before they move.

Another reason it is crucial to consider the web experience is for mobile users who prefer not to take up space on their device with the app. As we’ve mentioned, the app is nicely sized and does not take up too much space, but still, some users may not have much to spare on their devices. Our BetMGM Sportsbook review will now go into detail on the web experience via mobile and desktop.

One thing that you will quickly note is that the BetMGM Sportsbook website is quite speedy. You can tell that BetMGM’s extensive resources from many years as a top hospitality provider went into the highly functional website. Any website needs to function quickly, but it is particularly vital in sports betting since bettors will want to take advantage of inefficient lines before they move.

You will also find it straightforward to navigate your sports and bets of choice. The added screen space afforded by the desktop experience enables a broader selection of sports and types of bets to be prominently displayed. While the mobile site does not benefit from this added real estate, you will find that betting options are similarly organized in a similar way to what you would find on the app. 

The virtual bet slip at any online sportsbook is a crucial part of the experience. The arrangement of your wagers, your bet amount and what you stand to win can make the betting experience quite enjoyable or a hassle depending on the quality of the bet slip. BetMGM’s bet slip is particularly well-arranged regarding placing single wagers and parlays on one bet slip.

Another vital thing to consider when looking at any online sportsbook is how easy it is to find essential options on the website, such as banking, customer service and other factors that don’t directly relate to placing bets. BetMGM does an excellent job of making all of these options easy to find without interrupting easy access to the betting selections.

Which sports can you bet on at BetMGM Sportsbook?

When choosing an online sportsbook, it is vital to consider what sports you can bet on. Of course, you will not find a relevant sportsbook that does not offer standard selections such as NFL, NBA, MLB, NHL, PGA, and NCAA football and basketball. But, a sportsbook can stand out with its less popular niche sports selection,

Among the sportsbooks we have reviewed, BetMGM is among the best when considering sports to bet on and the types of bets you can make. At this point in our BetMGM review, we will list all the sports available at BetMGM. Please remember that availability may rotate depending on the season and which sports BetMGM has added at any given time. BetMGM is frequently improving its selection.

Which sports betting markets can you bet at BetMGM Sportsbook?

Yes, every sportsbook of any reputation will offer an excellent selection of standard bet types, such as money lines, point spreads, totals and parlays. Yet, you will also want additional options like teasers, round robins, a good selection of props and futures and solid in-game betting options. All of this and more can be found at BetMGM Sportsbook.

Here we will list out all of the bet types available at BetMGM Sportsbook. We’ll start with the more common types and move on to more adventurous options. In addition to providing a list of all types of bets available, we will also detail how they work for new sports bettors or those looking to brush up on their sports betting knowledge. Here are the bet types available with BetMGM Sportsbook:

Money line

When learning about sports betting, the easiest way to comprehend how it works is when dealing with the money line. Traditional sports fandom involves rooting for a team; the only thing that matters is what team wins the game.

This is how money line betting works. You bet on what team will win the game, and if they win, you win. BetMGM Sportsbook offers an excellent selection of money line betting options.

The thing that makes money line betting interesting is that, as we all know, in sports, some teams are a lot better than others. A sportsbook would not offer an even money return on both sides of most sports matchups. For this reason, sportsbooks like BetMGM must set differing odds to accommodate uneven matchups.

An example would be that the Las Vegas Raiders are facing the Denver Broncos, and the Raiders are perceived to be the better team. You would note that the Raiders would be marked at -140, for instance, while you might see that the Broncos are +120 underdogs. You must place a $140 bet on the Raiders to win $100. On the other hand, a $100 bet on the Broncos could net you $120.

Point Spread

Point spread betting is the most popular way for Americans to bet on sports. While the money line is the simplest, it presents some challenges regarding sports betting enjoyment. Significant underdogs are hard to get behind, and big favorites result in minimal winnings, even in a victory. This is why the point spread becomes particularly appealing for betting on sides.

Using our Raiders and Broncos example, the Raiders might be marked at -3.5, while the Broncos are +3.5. This is referred to as the point spread, which means that if you bet on the Raiders, they must win by four or more for you to win your bet. A wager on the Broncos will win even if they lose by as many as three points.

Sportsbooks like BetMGM need to take some money off the top, or they would make no money on point spread betting. For this reason, you will generally see -110 odds on point spreads or something close to that. You must bet $110 on either side to win $100. The point spread is a great equalizer where you can bet on either side of a game and have a reasonable chance to win close to double your money.

Totals (over/unders)

A prevalent form of betting is to bet on the total, also referred to as the over/under. A great thing about betting on totals is that instead of wagering on what side will win the game, you don’t have to root for either team. Instead, you want points to score (over) or the opposite (under). It is common to parlay (more on parlays later) a total with a team in the same game to give yourself more action on a sporting event you plan to watch.

A typical example of a totals bet one might place at BetMGM Sportsbook would look like this; using our previous example, say the total in the Raiders/Broncos game is 48.5, if you bet the over, you need 49 or more points to score to win. And the under bet will win if 48 points or less are scored.

Parlay

A parlay is one of the most popular bets at sportsbooks like BetMGM. There is a reason for this: it can be anticlimactic to bet on sports in such a manner that all you can win is double what you’ve bet or close to it. Parlays enable you to invest a small amount of money with the potential to win a lot. The risk is that if you pair many games together and just one loses, you lose all your money, even if most of your picks won.

The way a parlay works is that you put multiple bets together on one ticket. The more you pair, the more you win. All of your picks have to hit, or you lose your money wagered. It is wise to bet each selection in your parlay as a single wager to, at minimum, back up your plays. It stings to bet a six-game parlay and have five selections win yet still lose all your money wagered.

Teaser

A teaser is a type of parlay, yet quite a bit different. There is a lot less risk but also less reward. Teasers involve “teasing” the lines on multiple selections in a parlay considerably in your favor. Here is an example of a teaser using our previous Raiders/Broncos game.

Since the Raiders are -3.5 favorites, if you select them as part of a six-point teaser card (a common type), they would become +2.5 underdogs. In contrast, the Broncos would become +9.5 underdogs. These are incredibly favorable odds and make you highly likely to win your bet on either side based on how the original line was set.

You will notice that you must add a few teaser selections to your card for a considerable payout. Since the odds are heavily skewed in your favor, you might have to hit a five or six-team teaser for a considerable profit. BetMGM Sportsbook is known for its exceptional NFL betting product, and teasers are a prevalent football bet type.

Round robin

Round robins are another way of betting on sports with a multi-leg format, similar to a traditional parlay. What makes round robins special is that they render it easy to make a wide selection of bets into a bunch of parlays with little work. You are also able to diversify your actions without too much brain power. These are very popular on NFL Sundays.

The way a round robin might work is that perhaps you have eight bets that you want to place on a given NFL Sunday, you may want to place some or all of them individually and have some parlay action. Maybe you don’t want to bet on an eight-leg parlay and would rather have lots of combinations of smaller parlays involving your overall selections.

Sportsbooks will create your round robin based on your criteria, pairing all your selections into smaller parlays. This is a great way to benefit if most of your picks come through on a given week without manually placing many individual parlays. BetMGM excels with its proprietary round robin builder, one of the more innovative in the industry.

Half and quarter bets

Betting on halves, quarters and periods (hockey) is a great way to get action on a game that is already started. There are multiple reasons why you may want to do this. One could be that you are watching a sporting event and have failed to place your bets before the game. Maybe you want to get some money down after the fact.

A more astute reason to bet on halves and quarters would be that you noticed something in a game that gives you an angle for a winning bet. This could include a player injury or a change in a team’s game plan that sportsbooks did not anticipate.

On top of this, you may also have noticed a specific trend for certain teams. Maybe the Magic are having a rough season but often seem to perform well in the third quarter, or the Heat typically start a game slow before picking up speed. This gives you the option to bet on these teams to just win those halves or quarters, rather than the entire game. BetMGM is among the leaders in offering an excellent selection for betting on halves and quarters.

Live bets

Live betting means that you can bet on an event that has already started. It includes things like betting on the next play in a game, but you can also bet on the standard money line, point spread and total markets. For example, the Raiders might be down by 10 points but you still think they can win the game. Their odds will be much bigger since they are losing, and if you believe they can come back, then there is an opportunity to make a live bet. It can be an excellent money maker for sharp bettors who can take advantage of astute observations on in-game activities. Some sportsbooks are limited in their live betting products, however, BetMGM excels in this area.

Futures

Futures are a fantastic option for those who want long-term excitement from a limited investment. You could easily guess what they mean by the name. With futures, you are betting on events that will occur in the future rather than short-term, such as betting on the winner of a game. Examples include what NFL team will win the Super Bowl, what MLB pitcher will win the Cy Young Award or how many points an NHL team will score in a season.

The viability of a sportsbook in terms of futures is limited to how many options are available. Among all the sportsbooks we’ve reviewed, BetMGM is among the best in offering a wide selection of futures bets.

Props

Prop betting, short for proposition betting, is one of the best ways for sharp minds to take advantage of inefficient lines and odds. It is difficult for sportsbooks to maintain the vast selection of props available. This means you are likely to find bets you can take advantage of. Not only is it more challenging for sportsbooks to optimally maintain their prop lines, but it can be easier to project these types of bets than sides and totals.

Props can involve individual player performance, game-based outcomes or team outcomes. An example of a player prop is an over/under on how many rushing yards an NFL running back will have in a game. A team prop might be an over/under on the total field goals scored by an NFL team in a game. And a game prop could be whether a safety will be scored in an NFL game.

BetMGM Sportsbook deposit & withdrawal options

It is essential to consider the banking options when looking at any sportsbook. Let’s look at the options for deposit and withdrawal options that BetMGM offers and some details regarding these methods. 

BetMGM Sportsbook deposit options

Method of PaymentMin. DepositDuration
Bank transfer$10Instant
Debit/credit card (Visa, Mastercard, Amex)$10Instant
PayPal$10Instant
BetMGM Play+ Card$10Instant
Cash (at retail sportsbooks)$10Instant
Cash (via PayNearMe)$1015 minutes
Skrill$10Instant

BetMGM Sportsbook withdrawal options

Method of PaymentMin. WithdrawalDuration
Bank transfer$20Up to 5 business days
Cash (at physical sportsbook)$20Instant
PayPal$20Up to 5 business days
Skrill$20Up to 5 business days
BetMGM Play+ Card$20Instant
Wire Transfer$20Up to 5 business days
Check$20Up to 5 business days

BetMGM Sportsbook customer service options

No BetMGM Sportsbook review would be complete without analyzing the customer support options and quality thereof. BetMGM customer service takes a slice out of the hospitality pie from which the brand has built a lasting global reputation. Whether calling the BetMGM customer service number or contacting via any other channel, BetMGM support representatives are friendly, helpful and efficient in resolving any issues bettors may have.

Here we will look into all of the options for BetMGM customer service. Please note that, unlike some sportsbooks, BetMGM’s service options vary by state. The method of contact via all channels is different from state to state. Please navigate to your BetMGM account to find your specific channels for contacting support.

  • Live chat: BetMGM excels in the customer support department, offering convenient live chat 24/7, seven days a week. We have found quick response times and agents effectively resolving all issues via chat.
  • Email: If you want to contact BetMGM customer service via email, you will generally receive a response within 24 to 48 hours. 
  • Phone: Phone support is an excellent option for customer service if you need to speak to a representative directly. While not 24/7, you can expect a call back in 24 to 48 hours if you contact BetMGM during off-hours. 
  • FAQs: You may want to look for answers to any inquiries on BetMGM’s extensive support page. Not only can you find convenient help for most inquiries, but all options for support can also be found.

Pickswise’s BetMGM Sportsbook review

We’ve looked at every critical factor in our BetMGM Sportsbook review, and there’s little not to like. Years of experience in the hospitality and brick-and-mortar gambling industry have resulted in a top-notch sportsbook product. This is true whether you are looking at sports and bet types, banking options, customer service, ease of use, or any other important element that makes up a quality sportsbook.

This is not to mention the fantastic BetMGM promo codeunlocking up to $1,000 in bet credits. There is little to lose by betting with BetMGM and taking advantage of the lucrative BetMGM promo offers for new bettors. We wish you luck in your betting journey, and BetMGM Sportsbook is as good of an option as you will find for an excellent sportsbook experience.

FAQs

Is BetMGM Sportsbook legit?

BetMGM Sportsbook is entirely legal and regulated in the United States. As a US-licensed operator, you can count on safety, security and prompt payouts from BetMGM.

BetMGM Sportsbook works about as efficiently as you could hope. Sign up, use your BetMGM promo code, place a wager and receive bet credits of up to $1,000. Withdraw funds whenever you would like upon completing simple verification steps.

Yes, you can easily withdraw all winnings from BetMGM Sportsbook. You will need to verify some personal details, such as proof of ID and address. You can then withdraw and will receive prompt and reliable payouts.

Withdrawals take as many as five days, often considerably less.

MGM Resorts International, a publicly traded company, owns BetMGM Sportsbook. 

BetMGM Sportsbook offers an excellent selection of parlay betting, including same-game parlays, teasers and round robins.

Yes, you can bet same-game parlays at BetMGM Sportsbook, with some exceptions at the operator’s discretion.

Click any of the links to BetMGM Sportsbook in our BetMGM review. You can then enter your BetMGM promo code and receive your bonus of up to $1,000.

Ensure you enter your BetMGM Sportsbook promo code when you make your first deposit and place your initial wager of at least $10. You will then receive up to $1,000 in bet credits.

BetMGM Sportsbook is among the best sportsbooks in the industry in terms of offering lucrative offers for existing customers. This includes parlay insurance, odds boosts, reload bonuses and ongoing rewards program perks.