BetMGM Bonus Code & Sportsbook Review: Get a $1,500 Offer or Bet $10 to get up to $250 Bonus in Select States

BetMGM bonus code overview

💰 BetMGM bonus code sign-up bonus 💰

The BetMGM bonus code 'CVRBONUS1500' unlocks up to $1,500 in bonus bets when you create a new BetMGM account, deposit at least $10, and lose your first real money wager.

Confirm that you’ve read the terms and conditions, are in a legal betting state, and are at least 21 years of age before claiming this limited-time offer.

Claim $1,500 in bonus bets

$1,500 in Bonus Bets

CVRBONUS1500

 Claim $1,500

As a first-time customer with BetMGM Sportsbook, you can use our BetMGM bonus code 'CVRBONUS1500' and make a minimum deposit and real money wager on any sports market you wish. If you lose, the operator will issue up to $1,500 in bonus bets.

BetMGM's terms and conditions

Covers Expert Analysis

"If you lose your first wager of more than $50, BetMGM will award you five bonus bets. If you place a bet of less than $50 and lose, you will receive one bonus bet. In both cases, the total bonus will equal the amount of your first losing wager, up to $1,500."

Christian Stringer, Sports Betting Editor

Earn a $200 bonus in AZ, CO, DC, MA, MD, NC, and VA

Bet $10, Get $200

COVERS200

Claim $200

If you're located in Arizona, Colorado, DC, Massachusetts, Maryland, North Carolina, or Virginia, you can register using BetMGM new user promo code 'COVERS200', deposit $10, and place a $10 wager to get an automatic $200 in bonus bets. With the welcome reward arriving as four $50 bonus bets, you'll have multiple opportunities to add to your bankroll.

BetMGM Michigan, NJ, PA + WV

Bet $10, Get $100 + $150 in Casino Bonus

COVERS350

 Claim $250

Bettors who register with BetMGM Michigan, BetMGM New Jersey, BetMGM Pennsylvania, and BetMGM West Virginia can get $100 in bonus bets, along with a $150 casino bonus from simply wagering $10.

Is BetMGM legal?

BetMGM Sportsbook legally operates online sports betting in 22 states, DC, and Puerto Rico. If you are over 21 years old and located within one of these regions’ borders — excluding Nevada, New York, and Puerto Rico — you’ll be eligible to earn $1,500 in bonus bets with BetMGM bonus code 'CVRBONUS1500' for the ongoing MLB Playoffs.

Sign-up bonus: $1,500 in bonus bets

How to claim the BetMGM bonus code

Claiming a bonus code and a BetMGM new-user promo may feel tricky to inexperienced bettors, as sportsbook terms and conditions aren't always crystal clear. Rest assured, I've personally tested the BetMGM Sportsbook bonus code and provided you with a step-by-step breakdown of how to claim the welcome bonus below.

BetMGM sportsbook review

$1,500 in Bonus Bets

Bonus bets expire in 7 days. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER.

CVRBONUS1500

Claim $1,500

Who it's for

BetMGM is an ideal sports betting site if you have a travel bug. Upon registration, you automatically gain access to BetMGM Rewards and MGM Rewards, which allows you to earn points with every wager you place. The points you earn can be redeemed for various great bonuses, such as hotel stays and travel vouchers.

NFL bettors are in luck in 2024, as BetMGM debuted several game-changing features for the football season, including enhanced same-game parlays, live bet tracking, and exclusive markets for the 2024-25 NFL season.

Covers BetSmart Rating: ⭐ 4.9/5

Bonuses and promotions	⭐ 4.4/5
Banking and payout speed	⭐ 4.2/5
Key features	⭐ 4.4/5
Security and trust	⭐ 4.6/5
Customer support	⭐ 4.5/5
User experience	⭐ 4.7/5
Betting odds	⭐ 4.3/5

User reviews  

Editor's note: User reviews may be edited for clarity. 

"I’ve had nothing but a great experience so far, as the BetMGM Sportsbook is one of the best I’ve seen. I've managed to win a bit, and payouts have always hit my account in roughly five hours. I’ve not had to contact customer services yet, so I can’t review that. Overall, BetMGM is probably the best online bookmaker I’ve used in many years."

- J. Sawyer, Trustpilot reviewer

"It is fun and easy to use and understand. There are great promotions, and great range of betting options on NBA players for points, rebounds, and assists. Stat's have each teams record of wins and losses right next to the betting lines, which gives me an ideal way to look at each bet, who to bet on, saving me time doing research."

- Scott, Google Play Store user

BetMGM key features

BetMGM won 2024 Sports Betting Operator and Employer of the Year at the ERG North America Awards. Read on to learn about some of the online sportsbook's standout features: 

Live betting

BetMGM’s live betting section is well-organized, offering hundreds of events daily across local and international leagues. Each live event includes numerous markets, with the interface providing a straightforward display of the action and key statistics. For more details on how BetMGM stacks up against competitors, visit our BetMGM vs. Caesars page.

Live streaming

BetMGM also provides free live streaming for various events, including top soccer matches, tennis, and more. The live section has a dedicated tab showing all upcoming live-streamable matches, making it easy for registered bettors to catch their favorite games, all clearly marked on the list.

Same-game parlays

Creating same-game parlays is seamless on the BetMGM app. Simply navigate to the sport, league, or event page, then scroll to view eligible games marked with ‘One Game Parlay.’ After selecting a game, users can start building their parlay from the available options — a feature that has only grown more popular over time.

Early cash out

The early cash-out feature allows users to take payouts at current odds at any point on select markets. This flexibility is valuable for those looking to secure a win or cut their losses in real time.

Poker

BetMGM also features a poker section powered by GVC Holdings, the creators of PartyPoker. BetMGM Poker runs on advanced software and offers a variety of cash games and daily tournaments with guaranteed prize pools.

BetMGM horse racing

Available exclusively to users in Louisiana, Ohio, and Florida, the BetMGM Horse Racing app provides access to daily race cards from over 200 race tracks, making it a dedicated option for horse racing enthusiasts in these states.

Responsible gaming

BetMGM encourages responsible gaming, allowing users to set daily, weekly, or monthly limits on deposits and spending. Additionally, it offers a timeout feature for up to 180 days for those looking to take a break.

BetMGM at a glance

💰 Sign-up bonus	$1,500 in bonus bets
⏩ BetMGM bonus code	CVRBONUS1500
🏅 Top feature	Great range of sports
💵 Minimum deposit	$10
🕒 Payout speed	2 days
App Store rating	4.8/5 ⭐ (224.7K reviews)
Google Play rating	4.4/5 ⭐ (32.1K reviews)
🌎 Available states	AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)
✅ Last verified	Nov. 5, 2024

BetMGM app review

We consider BetMGM’s mobile app to be one of the top online betting platforms, with a sleek design and enhanced navigation. It’s clear they’ve invested heavily to improve the user experience. The app is available on both iOS and Android, with the latter version standing out as particularly strong.

The BetMGM sports betting app retains the desktop platform’s style while being perfectly optimized for smartphones. We highly recommend it, especially for its extensive range of betting market options.

Recent updates to the mobile app include a 'Top Events' module, an updated bet slip, improvements to geolocation capabilities, a new launch screen, push prompts for live alerts, and more.

BetMGM iOS app

What we like

User-friendly mobile app: BetMGM's recently upgraded its mobile betting app, improving its layout to make it more user friendly for bettors of all experience levels. New exclusive betting markets from Angstrom will see over 1,000 futures markets and 450 different ways to bet on every pro football game this season. It's easy to see why BetMGM is among our picks for the best football betting apps and NFL prop bets. 

SGPs done right: BetMGM simplifies the process of combining multiple wagers onto one same-game parlay ticket, which earns you a larger payout if it hits. You can also browse and select from BetMGM's pre-built SGPs, which are available for most major markets, including the 2024 MLB Playoffs.

Over a dozen deposit options: You can pick between over 12 banking options to add funds to your BetMGM account. All methods process payments instantly and have a reasonable $10 minimum requirement. 

What we don't like

Slow withdrawals: Though you typically receive withdrawals within two banking days, this is still slower than many of BetMGM's competitors, which process requests within roughly 24 hours. 

No phone support: The inclusion of a dedicated phoneline to reach BetMGM's customer support team would help to improve upon the operator's already solid support department.

BetMGM review conclusion 

BetMGM takes the best parts from MGM and Entain to give American bettors a secure place where they can bet on over 20 sports. We ensure you BetMGM is well worth the download.

Proven platform: BetMGM’s sports betting platform is used by some of the top sportsbooks in Europe. It is easy to navigate, incredibly stable, and packed with all of the popular features American bettors have come to expect.

All betting options in one place: BetMGM has a complete sportsbook covering all major sporting events, locally and internationally. U.S. customers in Michigan, New Jersey, Pennsylvania and West Virginia can also access the whole online casino and the dedicated online poker room for even more excitement. 

Safe bet: U.S. users can always rely on the fact that BetMGM is secure and keeps their real money funds safe. Customers can deposit through various methods and withdraw their winnings without any issues whenever they wish.

BetMGM Sportsbook Insights

We'll be updating this section constantly throughout the season as we receive real-time information on betting trends at BetMGM. Be sure to check in regularly for NFL Week 10 MNF and NCAAF intel, as per BetMGM's most recent report on Nov. 5, 2024.

BetMGM NFL Insights: Super Bowl

Line movement (Last week to now)
•    Lions +650 to +500
•    Bills +1000 to +800
•    Commanders +2500 to +2200

Stay tuned to see what plays the Covers' expert team is rolling with this week; check out all of our NFL picks and predictions for Week 10: 

• Buccaneers vs. Chiefs MNF predictions
• 2024-25 NFL MVP Odds
• Rookie of the Year Odds 2024
• Covers NFL Picks page

BetMGM Nevada

Claim $250 in bonus bets

  

$250 in Bonus Bets

COVERS250

 Claim $250

For the first time, BetMGM Nevada players can access a welcome bonus during registration. Enter BetMGM promo code 'COVERS250' and make a minimum deposit and real money wager on any sports market you wish. If you lose, the operator will issue up to $250 in bonus bets, to be used within seven days.

Bettors physically in Las Vegas can visit any of the following BetMGM sportsbooks to register an online account: 

BetMGM promotions for existing users: Nov. 5, 2024

Below is a list of the ongoing promos you can score today at BetMGM Sportsbook:

Pro Football Second Chance on First TD bets

This is one of our favorite BetMGM bonus offers: Place a first touchdown scorer wager and if your player doesn’t score first but scores second, BetMGM will refund your bet — in cash. Online sportsbooks rarely return a losing bet as withdrawable money, so we expect a lot of BetMGM users to take advantage of this amazing offer.

Lions Boost

BetMGM regularly offers 'Lions Boosts' that you can claim to receive enhanced odds on a wide variety of betting markets for a larger payout.  

Multi-Sport Parlay Boost

Opt-in and receive a boost token to increase the potential payout of your multi-sport parlay wagers by up to 33%. Terms and conditions apply. 

Parlay Plus

Earn up to 40% more in profits on successful parlays. Opt-in and place a four to seven-leg parlay on any combination of sports or events. 

EPL 2 Up Early Payout

Place a pre-game wager on any EPL match, and if your selected team goes up by two goals at any point, you'll still receive your winnings regardless of the final outcome. 

BetMGM payment methods

BetMGM offers some of the popular banking methods, including credit cards — like Visa and Mastercard — PayPal, American Express, debit cards, and Play+. Getting started on the sportsbook app is easy, as deposits are instant and carry no fee.

BetMGM customer support

Unlike many of its competitors, BetMGM has a dedicated customer service Twitter account that users can access at any time. My favorite features are its 24/7 live chat on its site and significantly sized FAQs section, which users can visit to learn more about BetMGM promotions, banking information, key features, responsible gambling, etc.

All that’s missing from BetMGM’s customer service is phone and multi-language support. For now, customer service is only provided in English.

• Live chat: 24/7
• Email: support.nj@betmgm.com
• Phone: N/A
• Support languages: English
• X (Twitter): @BetMGMCare

BetMGM referral program

$50 Bonus

No code required

Claim $50

BetMGM has one of the highest-valued sportsbook referral bonuses in 2024, offering up to $1,000 per month. Start by sending an interested friend an exclusive invitation to join the BetMGM sportsbook. Once they have successfully created a new account and fulfilled the requirements, you each receive a $50 bonus that can be used on any available sports betting market. You can invite up to 20 friends per month to register with BetMGM, totaling $1,000 in maximum monthly referral bonuses you can earn. 

It's important to note that any new BetMGM users who claim a referral bonus are ineligible to claim the sportsbook’s current welcome promotion.

BetMGM Casino offers

100% Match up to $1,000 + $25 No-Deposit Bonus

Deposit match expires 30 days after account registration and $25 casino bonus expires three days after account registration. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER.

COVERS1000

Claim $1,025

Deposit $10, Get $200 on the House

One new customer offer per user. Minimum deposit of $10. 15x wagering requirements. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER

COVERS2500

Available in West Virginia

Claim $2,550

Use BetMGM Casino bonus code 'COVERS1000' to claim BetMGM's online casino welcome bonus. New online casino users in Michigan, New Jersey, and Pennsylvania can claim a 100% deposit match up to $1,000, along with a $25 bonus. Those in West Virginia can secure $200 on the house when you make a $10 deposit. For a thorough breakdown of the online casino gaming platform, table games, and mobile app, check out the BetMGM Casino review. 

Minimum deposit of $10 to activate the online bonus offers.

Satisfy a 15 times wagering requirement before withdrawing winnings.

14 days (seven days in West Virginia) to meet the bonus wagering requirement.

The no-deposit bonus holds a 1x playthrough requirement and must be completed within seven days.

BetMGM Horse Racing bonus

$1,500 in Bonus Bets

FL, LA, OH bettors only

Claim $1,500

Bettors in Florida, Louisiana and Ohio can take a lap with BetMGM Horse Racing to get into all of the top 2024 racing betting action. You can learn about the most popular bet types, access betting markets for top races, livestream events, and much more with BetMGM Horse Racing. Additionally, you can bookmark your favorite tracks and races in advance, ensuring you catch all of the top events in 2024. 

BetMGM VIP and rewards benefits

You are automatically enrolled in BetMGM Rewards, which is one of the best sportsbook rewards programs in the U.S. in 2024, upon signing up. From day one, you can start earning points with every sports wager and iGaming bet made on the BetMGM app or at MGM Resort properties. 

The points you earn from BetMGM Rewards can be converted to MGM Rewards points, which are redeemable for perks like discounted concert tickets and dining services at over 20 MGM Resorts International locations across the country. BetMGM recently partnered with the Marriott Bonvoy, allowing you to exchange points for various exclusive rewards, such as free hotel stays at select locations. During the 2024 NFL season, you will receive 3,000 Marriott Bovoy points when you link your account to your BetMGM profile and make your first wager. 

Similar to most sportsbook rewards programs, BetMGM Rewards and MGM Rewards are tier-based loyalty systems, meaning you can spend more to rise up the program's five levels and earn better perks.  

I've outlined how you can earn BetMGM Rewards and MGM Rewards points below:

🎲 Retail Casino Games 

• Casino games - Earn MGM Rewards Points and Tier Credits when playing slots, video lottery terminals, and table games at participating U.S. MGM destinations 

📲 BetMGM Sportsbook 

• Straight bets - 20 BetMGM Rewards Points and 20 Tier Credits per $100 wagered
• Parlays - 50 BetMGM Rewards Points and 50 Tier Credits for every $100 bet

♥️♣️ BetMGM Online Casino 

• Progressive jackpot slots - 10 BetMGM Rewards Points and 10 Tier Credits per $100 wagered
• Regular slots and instant win games - 20 BetMGM Rewards Points and 20 Tier Credits per $100 wagered
• Live table games - 4 BetMGM Rewards Points and 4 Tier Credits per $100 wagered on live table games, including baccarat, blackjack, craps, and roulette
• Poker tournaments - Up to 500 BetMGM Rewards Points and 500 Tier Credits per $100 spent on online registration fees
• Cash game rake - Up to 500 BetMGM Rewards Points and 500 Tier Credits per $100 spent

🏨 Hotels 

• Earn Tier Credits when staying at any of the 20 U.S. MGM Resort locations
• Book directly through MGM Resorts and provide your MGM Rewards account number or show your card at the front desk at the start of your stay 

🎬 Entertainment 

• 4 Tier Credits for every $1 spent on tickets to resident shows at MGM Resorts

🍴 Dining 

• 1 MGM Rewards Point for every $1 spent at participating restaurants at MGM Rewards destinations nationwide 
• 4 Tier Credits for every $1 spent at participating dining options.

Recent BetMGM updates

Stay tuned to the latest BetMGM news to keep abreast of all its legal U.S. sports betting market activity.

Oct. 1, 2024: BetMGM is the official bullpen sponsor for the 2024 MLB Playoffs.

Sept. 25, 2024: BetMGM's 2024 growth year plan will focus on tech reinvestment and player acquisition, according to the MGM Resorts CEO during a webinar. 

Sept. 6, 2024: BetMGM reports that as of Sept. 6, the Green Packers and Philadelphia Eagles game in Brazil is the league's most-bet game.

Sept. 2, 2024: BetMGM commits to responsible gaming messaging in NFL stadiums for the 2024-25 season.

Aug. 27, 2024: BetMGM launches new features like Smart Stats betting insight and an enhanced same-game parlay system ahead of the NFL season.

Aug. 22, 2024: BetMGM launches a single digital wallet in Nevada, allowing Silver State access to their funds to BetMGM mobile markets nationwide. 

Aug. 15, 2024: MGM Resorts seeks a sports betting and iGaming license in Brazil after partnering with Grupo Globo, one of the largest media groups in Latin America. 

Aug. 8, 2024: BetMGM's revenue growth and 13% market share highlight Entain's first half of 2024. 

July 29, 2024: BetMGM calls 2024 an 'investment year' in an effort to make an impression with customers. 

July 24, 2024: The arrival of Caitlin Clark has had an immediate impact, as BetMGM has seen nearly three times the number of wagers on WNBA this season year-over-year.

July 19, 2024: BetMGM goes offline after a global technology outage. 

July 17, 2024: BetMGM launches in D.C. with the standard $1,500 in bonus bets offer.

July 11, 2024: BetMGM is set to launch in D.C. next week following recent regulatory changes that will allow district-wide mobile betting.

July 11, 2024: MGM Resorts partners with the New York Yankees, strengthening the company's commitment to Major League Baseball and the greater New York sports betting and casino market. 

July 5, 2024: BetMGM takes 'less action' from the Joey-Chesnut-less 2024 Hot Dog Eating contest on July 4th. 

July 5, 2024: BetMGM wins Sports Betting Operator of the Year and Employer of the Year at 2024 EGR North America Awards.

July 2, 2024: Tottenham strikes a deal with BetMGM as its official betting partner. 

July 1, 2024: Newcastle United extends partnership with BetMGM after "exceptional first year together."

June 26, 2024: BetMGM confirms that game seven between the Florida Panthers and the Edmonton Oilers was the most-bet NHL game ever on its platform. 

June 26, 2024: BetMGM UK signs a multi-year partnership to be the official club betting partner of the Premier League's Wolverhampton Wolves.

June 25, 2024: The Indiana Gaming Commission fines BetMGM after the company allows players to place wagers while on a voluntary self-exclusion list.

June 19, 2024: BetMGM partners with popular iGaming influencer Brian Christopher Slots. 

May 23, 2024: BetMGM is named the new official odds provider for the Associated Press. 

May 21, 2024: Entain's strategic review suggests focusing on BetMGM's growth and selling Crystalbet. 

May 17, 2024: BetMGM will sponsor Wheel of Fortune's 800th episode for Nightly Progressive Jackpot feature. 

May 8, 2024: BetMGM CEO Adam Greenblatt says it's "naive" to think that illegal sportsbooks won't offer problematic props like unders in light of recent events involving Jontay Porter.

May 2, 2024: BetMGM is set to launch in the Netherlands, making it the second European market for the operator after going live in the UK in August 2023.

May 1, 2024: Changes at BetMGM's co-owner Entain is a "breathe of fresh air" for MGM Resorts CEO. 

April 25, 2024: Mystery BetMGM bettor places $10k bet on the 1st overall pick in the NFL draft — to win $100. 

April 18, 2024: Entain’s 50% stake in BetMGM delivered a 2% year-over-year increase in net gaming revenue during Q1

April 17, 2024: MGM sues FTC to block probe into 2023 data breach, which does not affect its online sportsbook but does impact certain BetMGM-branded betting kiosks at retail properties. 

April 11, 2024: BetMGM announces that nearly four times the number of wagers were placed on the NCAA men's and women's basketball tournaments than on Super Bowl 58.

April 8, 2024: Major private equity firms eyeing Entain. Apollo Global and CVC Capital are rumored to be looking into acquiring a range of the company's assets, which includes BetMGM. 

April 3, 2024: BetMGM is reportedly among several big-name sports betting brands eyeing entry into the Brazilian market.

April 2, 2024: BetMGM announces that Iowa-LSU is the most bet women's NCAA basketball game of all time at its online sportsbook.

March 27, 2024: BetMGM joins six other major online sportsbooks to form the Responsible Online Gaming Association (ROGA). 

March 19, 2024: BetMGM partners with Marriott Bonvoy to offer a cross-brand rewards promotion.  

March 13, 2024: NASCAR announces BetMGM as the title sponsor for the Xfinity race in Charlotte, NC, on Memorial Day Weekend. 

March 12, 2024: BetMGM introduces a new responsible gaming ad featuring NHL All-Star Connor McDavid.

March 11, 2024: BetMGM is among the first group of operators to go live on day one of legal North Carolina sports betting. 

March 7, 2024: Etain, BetMGM's operator, receives a 14% yearly increase, highlighted by BetMGM earning $1.96 billion in net gaming revenue, which is a 36 YoY increase.  

March 5, 2024: BetMGM"s record-high progressive jackpot eclipses $4 million. 

March 1, 2024: BetMGM unveils its North Carolina pre-launch offer — $200 in bonus bets.

Feb. 27, 2024: North Carolina will start online sports betting sign-ups on Friday, and Covers' own Geoff Zochodne outlines what to expect from BetMGM and other expected sportsbook operators.

Feb. 21, 2024: BetMGM is among several sportsbooks offering betting options for when and how Lebron James reaches 40,000 points, which has never been achieved in NBA history.

Feb. 14, 2024: BetMGM reports record Q4 in 2023 earnings call, bringing in Q4 consolidated net revenues of $4.4 billion, which is a 22% increase. 

Feb. 9, 2024: BetMGM reports a 36% YoY increase in revenue to nearly $2 billion.

Feb. 1, 2024: BetMGM will face an adjudicatory hearing in MA for allowing 15,000 illegal wagers on a college football player prop, which is not allowed in the state.

Jan. 26, 2024: BetMGM is partnering with X (formerly Twitter) to bring sports betting odds to the social media platform.

Jan. 8, 2024: BetMGM partners with Charlotte Motor Speedway to access the North Carolina sports betting market. 

Dec. 20, 2023: BetMGM releases a list of its most wagered-on events of 2023, including the Super Bowl, the Colorado Buffaloes college football team, Shohei Ohtani, and more. 

Dec. 5, 2023: BetMGM reports $1.9 billion in estimated revenue for FY2023, a compound annual growth rate of 125% compared to the company's 2020 revenue. 

Oct. 26, 2023: BetMGM and the Philadelphia 76ers renew their sports betting partnership. 

Oct. 25, 2023: BetMGM partners with Sportsradar to access NBA optical tracking data for the NBA, thereby enhancing its live betting, prop markets, and more. 

Sept. 28, 2023: BetMGM Sportsbook officially goes live in the Bluegrass State alongside the launch of legalized online Kentucky sports betting. Use BetMGM Kentucky promo code 'COVERSBONUS' to claim the offer. 

Sept. 7, 2023: New users can deposit real money funds with BetMGM before Kentucky sportsbooks come online. 

Aug. 30, 2023: BetMGM Kentucky goes live with its pre-launch offer: $100 in bonus bets. 

Aug. 29, 2023: BetMGM Sportsbook updates its offer for NFL season to $1,500 in bonus bets (this includes West Virginia).  

June 29, 2023: BetMGM Sportsbook announces it will stop running acquisition offers in Kansas, including promotional bonuses. 

Feb. 24, 2023: BetMGM Sportsbook pledges to prominently feature responsible gambling messages in its advertising and marketing campaigns to promote the start of Problem Gambling Awareness Month. 

Jan. 1, 2023: BetMGM Sportsbook goes live in the Buckeye State with the launch of its Ohio sports betting app. 

BetMGM betting odds and restrictions

BetMGM Sportsbook relies on an in-house team to provide odds pricing to its customers. While shopping around for the best number is always recommended, you can expect BetMGM odds pricing to be competitive. 

Like most of the big operators, big winners can expect to be limited. To understand the intricacies of betting limits and how they may affect you, please consult the BetMGM terms and conditions. BetMGM also applies restrictions to bettors who are under the legal gambling age, have access to non-public information that could impact a betting event, or are attempting to use BetMGM from a non-legal state. 

About BetMGM

BetMGM is the exclusive sports betting division of MGM, which is one of the most iconic and biggest brands in all of betting. After PASPA was overturned in 2018, MGM partnered with Entain — a UK-based gambling operator — to create BetMGM. The sports betting site quickly gained traction in the U.S. after partnering with top sporting leagues, such as the NHL, NBA, and MLB. BetMGM uses in-house odds for its sports betting markets. Meanwhile, the BetMGM Casino — which is available in Michigan, New Jersey, Pennsylvania, and West Virginia — receives its games from top industry gaming studios, such as IGT, Microgaming, and NetEnt. 

In 2024, BetMGM is one of the biggest online sportsbooks in the country, offering legal sports betting services in 22 states plus DC and Puerto Rico. The following U.S. regulatory bodies authorize BetMGM:

How we rate

For over 29 years, the Covers BetSmart Rating system has been our go-to resource when conducting online sports betting sites reviews. We've outlined below what we look for in the top sportsbooks in 2024:

Bonuses and promotions

Online sports betting operators will often roll out the red carpet for new users, offering a range of the most common sportsbook sign-up bonuses to encourage bettors to register. The best sportsbooks will also do the same for their existing users, providing a range of daily boosts and promos to keep them engaged. We highly suggest reviewing the terms and conditions for any bonus before claiming.  

Banking and payout speed

Refer to our list of the best betting sites for withdrawal and deposit options to ensure the operator you are using has an array of top banking vendors for you to use, such as Visa, Mastercard, PayPal, e-wallets, and more.

Security and trust

The protection of your personal and financial information is of the utmost importance to use at Covers. To ensure this, we highly encourage you only to use sportsbooks that carry a valid operating license and utilize data-encryption technology to store your information safely.

Customer support

Unfortunately, issues will arise no matter the sports betting site you choose. This is why selecting an operator that offers multiple ways to reach its customer support team — such as 24/7 live chat, email, a dedicated phone line, and social media — is critical. 

Key features

The U.S. online sports betting landscape is more crowded than ever, and that's why we prefer operators that try to stick out with various key features, such as an intuitive sports betting app, live streaming for various events, ongoing contests, and more.

Additional factors we consider

Finally, we also look at numerous additional factors when evaluating sportsbooks, including existing user reviews, how frequently they update their platform, time to adjust betting lines, early cash-out options, and more. 

Sportsbook bonus comparison

	BetMGM	FanDuel Sportsbook	Caesars Sportsbook	DraftKings Sportsbook
Welcome bonus	$1,500 in bonus bets	Bet $5, Get $150 if You Win + 3 Free Months of NBA League Pass	$1,000 First Bet on Caesars	Bet $5, Get $200 + $1K Deposit Bonus
Bonus code	CVRBONUS1500	Not required	COVERSBONUS1000	Not required
Bonus type	Second chance bet	Bet and get	Second chance bet	Bet and get
Bonus form	One (< $50) or five (> $50) bonus bets	$150 in bonus bets	One (1) $1,000 bonus bet	Eight (8) $25 bonus bets
Wagering period	7 days	7 days	14 days	7 days
Min. deposit	$10	$5	$10	$5
Covers BetSmart Bonus Rating	⭐ 4.8/5	⭐ 4.9/5	⭐ 5/5	⭐ 4.6/5

List of sports you can bet on with BetMGM

BetMGM is a well-respected bookmaker that cultivates its own odds. The operator offers a wide range of sports betting markets, live betting, and live streaming features that make for an immersive experience.

All of the major North American sports leagues are available, including:

 NFL

 MLB 

 NBA

 NHL

 UFC

BetMGM's wide range of sports offerings is plentiful — users can access and wager on the following complete list of sports:

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Discovering which legal sportsbooks are right for you is vital, which means doing your fair share of comparison shopping to ensure you make the best choice.

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