BetMGM Sportsbook Review

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The King of Sportsbooks

Gamblers at BetMGM have plenty of accessible tools and features to use. They start you off with a strong welcome bonus and keep the rewards coming in with their loyalty program. Read on to find out what else BetMGM is offering!

91% overall rating

BetMGM Sports Betting

BetMGM offers several different sports, including NBA, MLB, NHL, NFL, MMA, boxing, soccer, golf, tennis, NASCAR, and more! They also have live betting, futures, and plenty of prop bets!

Live Streaming

Gamblers at BetMGM have the option to livestream select sporting events. Once you make a deposit, you can begin streaming!

Mobile App

Apple and Android users can download the BetMGM mobile app on their respective app stores.

BETMGM Welcome Bonus – Get a $600 Risk-Free Bet Now

BetMGM offers a risk-free bet up to $600 as a welcome bonus.

BETMGM Promotions

BetMGM also offers a “Money Monday” promotion for a $10 free bet, as well as a “Parlay Plus” bonus that includes up to 40% more in profits. You can insure up to $25 with “NBA One Game Parlay Insurance.”


Sports bettors at BetMGM can earn iRewards Points (iRPs) and Tier Credits by placing bets. These can be redeemed for sports bets, casino games, or poker games.

BETMGM site features and user experience

How to set up a BETMGM Account

  1. Select “Register”.
  2. Fill out the registration form.
  3. Create two security questions

Payment Methods

Payment MethodTypeAvg Deposit TimeAvg Withdrawal Time
VisaCardInstant1-2 business days
MasterCardCardInstant1-2 business days
M Life Rewards MasterCardRewardsInstant1-2 business days
DiscoverCardInstant1-2 business days
American ExpressCardInstant1-2 business days
VIP PreferredACH/e-checkInstant1-2 business days
Play+PrepaidInstant1-2 business days
Electronic TransferTransferInstant1-2 business days
PayPale-walletInstant1-5 business days
PayNearMeCashLess than 60mins1-5 business days
PayWithMyBankOnline BankingLess than 60mins1-5 business days
Skrille-wallet24hrs1-5 business days

How to Deposit

The payment process depends on which deposit method you select. 

  1. Click on the “Deposit” button on the top-right header.
  2. Select your desired deposit method.

How to Withdraw

Withdrawal wait times can take up to 1-5 days, depending on your payment method.

  1. Select “My Account” in the top right corner.
  2. Navigate to the “Cashier” page on the main menu.
  3. Select the Withdrawal tab.
  4. Click on your desired withdrawal process.

Responsible Gambling

BetMGM cares deeply about their players and the risk of problem gambling behavior.

Here you can read about how they can help.

  • Deposit Limit
  • Loss Limit
  • Session Limit
  • Wagering Limits
  • Player History
  • Self Exclusion
  • Time Alerts
  • Protection of minors
  • Preventing obsessive gambling
  • Self-set limits
  • Situation reminder
  • Withdrawal cancellation settings
  • Account Restrictions, Voluntary Blocking, and “Tale a Break”

Licencing/jurisdictions, privacy & safety

BetMGM, located in Jersey City, New Jersey, is licensed and regulated by the New Jersey Division of Gaming Enforcement. The sportsbook was founded in 2018 and has already set a year-end revenue target of $1 billion after closing with $178 million in 2020.

BetMGM takes its security seriously, using a state-of-the-art system that sits behind one of the most advanced firewalls in the world. 

Final word on BETMGM

Overall, BetMGM is one of New Jersey’s best sportsbook options. This bookie checks all the standard boxes and even offers a little more with live streams and frequent promotions.

Frequently Asked Questions (FAQ)

No. For security reasons, you are only permitted to have one account.

No. Bets accepted will not be changed or voided upon confirmation of the successfully placed bet.

Select “My Account” in the top right corner > “My Transactions”. To see pending bets, navigate to your Bet Slip > My Bets.

Odds may vary slightly between the counter and the BetMGM Sports app. All odds are reviewed by our oddsmakers and adjusted as they deem appropriate.

No. It is illegal to place a bet for another person.

If you have a BetMGM NV sports account, you still need to download the BetMGM NJ Sports app and create a BetMGM online account in order to wager in New Jersey. The BetMGM NV sports app only operates when you are physically in the state of Nevada.
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