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BETMGM Sportsbook Review_ Comprehensive Analysis of Features, Bonuses and More

BETMGM Sportsbook Review: Comprehensive Analysis of Features, Bonuses and More

Are you seeking a reputable, user-friendly, safe, and tech-driven betting platform? BetMGM is an excellent option. It allows bettors in various jurisdictions to wager on niche, local, and international sports, leagues, and divisions. Users enjoy several useful features and offerings, including unique and regular promotions, live betting, early cashouts, live streams, and an intuitive bet slip.

Besides being a leading platform for real-time sports betting data, insights, and picks in the United States, NXTbets doubles up as a top BetMGM affiliate. Our affiliate program lets us secure amazing bonuses and promotions for sports fans and enthusiasts for an enhanced betting experience. Continue reading to find out what more you stand to enjoy by choosing BetMGM.

Key Features

BetMGM prides itself on its bonuses, promotions, user experience, and diverse betting options, as explained below:

Bonuses and Promotions

1
DFS Real Money Gaming
Claim a Free Pick + Deposit Match up to $1,000 in Bonus Cash!
Simple. Fast. Fun. Win Money On Sports.
6849 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.9
2
Hot & Trending
BET $5, GET $200
IN BONUS BETS IF YOUR FIRST BET WINS
8690 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.8
3
Fan Favorite
BET $5, GET $200
IN BONUS BETS INSTANTLY
6369 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.9
4
Global Sportsbook
BET $5, GET $200
IN BONUS BETS WHEN YOUR FIRST BET SETTLES
2249 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.7
5
Hot & Trending
UP TO $1,500
BACK IN BONUS BETS
8690 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.9
6
Social Sportsbook & Casino
No Deposit Welcome Bonus! Join today to play Sweepstakes!
Claim 7 Sweeps coins + 170K Gold coins
1149 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.7

BetMGM users enjoy sign-up, loyalty, parlay, referral, and ongoing bonuses depending on their stay on the platform. BetMGM also has a loyalty program, the MGM Rewards.

Sign-Up Bonus: BetMGM reserves its sign-up bonus for first-time users. It is quite lucrative, allowing users to claim free bets of up to $1,500. The bonus is commonly divided into five bets, each equalling 20% of the first stake. It cannot be withdrawn or transferred and is only paid out if you lose your first bet to shield you from subsequent risks.

Bettors who wager less than $50 often receive one bonus bet instead of 5. Unlike most platforms, BetMGM’s sign-up bonus (whether single or multiple) has a 1* rollover requirement: You only need to use it once (within seven days) to withdraw your profits. While it is available in several states, New York, Washington DC, Mississippi, and Kansas are excluded.

MGM Rewards: BetMGM users earn credits and points with every qualifying wager, thanks to MGM Rewards, the platform’s loyalty program. Once the points are converted into MGM Reward points, users can redeem them for accommodations, hotel discounts, and complimentary dining at MGM Resorts International. This reward program has quickly become competitive despite being launched recently. Visit the promotions page to log in.

Referral Bonus: BetMGM provides $100 in bonus bets for successful referrals. A referral becomes successful if the referred user makes an initial deposit and wagers at least $100. The platform caps the number of referrals at 20, meaning you can only invite 20 new users.

Parlay Bonus: BetMGM’s Parlay Plus promotion rewards bettors for taking huge risks or adding extra legs to their parlay bets. It can increase the ultimate payout by up to 40%, depending on the number of legs. To qualify, opt in (on the promotions page) and place a parlay of not less than four qualifying selections.

Ongoing Promotions and Bonuses: Regular BetMGM users can qualify for a $10 casino bonus on their first $10 futures bet, a free $500 daily trivia game (users answer ten questions for a chance to win up to $500), and a weekly leaderboard contest (participants can win up to $1,000 in additional prizes).

Other ongoing promotions and bonuses include Swing for the Fence, Multi-Sport Parlay Boost, and MLB Grand Slam Jackpot. The Multi-Sport Parlay Boost operates as a boost token and may increase multi-sport parlay payouts by 33%. The MLB Grand Slam Jackpot involves placing at least a $10 home runner prop bet on any game between Friday and Sunday for a chance to win up to $50,000 in bonus bets. 

User Experience

BetMGM users can choose between its desktop website and a mobile application.

Desktop Website: The website performs adequately but may not be as sleek as top competitor sites. Its simple navigation system allows users to easily find popular bet selections (such as soccer), although specific competitions may take multiple clicks. The website layout has two homepage menus (a left-hand side menu and a top-level sports list), further enhanced by a robust search option for locating specific sports or individual markets quickly.

A quick look reveals a black backdrop with mostly white sections. This color combination contrasts sharply, allowing users to easily read the site’s data. The interface is clean and well-organized, with brightly colored yet modest promos (visible but less annoying). However, a few users have mentioned experiencing occasional live-streaming performance issues and minor loading delays.

Mobile Application: BetMGM’s mobile application is compatible with Android and iOS operating systems (OS). Its sleek design guarantees effortless navigation and an impressive overall user experience. Users enjoy useful, easy-to-access features, including live streaming, in-play betting, and early cash-out. The app runs smoothly, allowing users to sign up, place bets, and make deposits quickly. You will find the live odds updates and intuitive bet slip equally impressive.

However, some bettors (mostly Android users ) have reported occasional glitches and temporary performance issues, especially after updates. While the iOS version enjoys a higher rating, some users are concerned that recent updates may have modified and removed a few ‘useful’ betting features. However, save for such minor issues, you will hardly regret downloading the mobile application.

Betting Options

BetMGM offers diverse betting options in a centralized place. Bettors can wager on all major local and international sporting events or explore the online casino and dedicated online poker room for enhanced excitement.

Sports Offered: BetMGM’s users can bet on 25+ sports. Mainstream options include soccer (Premier League, MLS, Champions League, Liga MX, and NWSL), basketball (NBA, WNBA, and NCAAB), American football (NFL, NCAA, and NCAAF), baseball (MLB), and hockey (NHL), while niche sports include World Surf League, BKFC, SuperMotocross, Power Slap, NASCAR, darts, Formula 1, ping pong, and MMA/UFC.

Bet Types: BetMGM supports both standard and unique bets. Depending on your risk appetite, you can place moneyline/ straight, round robin, parlay (including same-game parlay), futures, spreads, total score, alternate lines, live bets, and prop bets.

Pros and Cons

Like other betting platforms, BetMGM has its strengths and weaknesses. Let’s review its performance compared to other platforms.

Strengths

  • Great Odds: BetMGM users enjoy highly competitive odds, especially for spreads and totals.
  • Competitive Bonuses: New BetMGM users enjoy up to $1,500 in sign-up bonus bets. The platform also offers loyalty, parlay, referral bonuses, and a loyalty program (MGM Rewards).
  • Regular Promos: Besides the bonuses, BetMGM has valuable ongoing promos, mostly odds, payout, or parlay boosts.
  • Extensive Market Depth: BetMGM’s betting lineup comprises diverse local and international sports. Bettors can also place various types of wagers, as discussed above.
  • Unique Features: BetMGM has highly competitive features, like live streaming, optional cashout security, and Same Game Parlay+. Its unique Edit My Bet function lets bettors alter their parlays as the game progresses. Other outstanding features include daily fantasy, micro-betting markets, competitive live odds, and in-game same parlays.
1
DFS Real Money Gaming
Claim a Free Pick + Deposit Match up to $1,000 in Bonus Cash!
Simple. Fast. Fun. Win Money On Sports.
6849 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.9
2
Hot & Trending
BET $5, GET $200
IN BONUS BETS IF YOUR FIRST BET WINS
8690 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.8
3
Fan Favorite
BET $5, GET $200
IN BONUS BETS INSTANTLY
6369 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.9
4
Global Sportsbook
BET $5, GET $200
IN BONUS BETS WHEN YOUR FIRST BET SETTLES
2249 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.7
5
Hot & Trending
UP TO $1,500
BACK IN BONUS BETS
8690 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.9
6
Social Sportsbook & Casino
No Deposit Welcome Bonus! Join today to play Sweepstakes!
Claim 7 Sweeps coins + 170K Gold coins
1149 other betters have claimed this offer
Terms And Conditions Apply. See Details below.
logo

Offer Score

9.7

Areas of Improvement

  • Unfair Limits: While BetMGM seeks to enhance bettors’ experiences, it often limits the maximum bet size for bettors who risk heavily and win consistently, reducing them to smaller amounts.
  • Less Competitive Prop and Moneyline Odds: BetMGM users enjoy competitive odds on totals and spreads. However, its moneyline and prop bet odds are less lucrative.
  • Overall User Experience: While BetMGM’s user interface is quite impressive, it is not always reliable. For example, users may have to click twice to log in or place a bet. Its desktop version can also be slower than competitors like DraftKings or FanDuel.
  • Slower Withdrawals: BetMGM users can deposit money instantly, but withdrawals take 2-7 days, depending on the method used.

User Experience and Support

Among the key features to consider when ranking sportsbooks are the overall user and customer experience. Let us find out how BetMGM competes.

Ease of Use

BetMGM has a user-friendly mobile application with comprehensive features. Casual and experienced bettors find it impressive thanks to its simple, informative descriptions and heightened navigation. Users can seamlessly scroll between menus and place bets with just a few clicks (click to add a selection, then click again to place your bet). The market options, deposit and withdrawal methods, and bonus offers are displayed clearly.

Users also enjoy an efficient search function, a favorite teams feature, personalized settings, and live betting push notifications. The bet slip is user-friendly, allowing users to easily customize singles, parlays, and system bets. The app is compatible with iOS and Android devices.

Customer Support

For queries, you can reach BetMGM’s customer support in several ways, including:

  • Live Chat: BetMGM has a dedicated 24/7 live chat feature. Click the feature from the Contacts Page and connect with a support representative in real-time for immediate assistance.
  • E-mail: BetMGM has state-specific e-mail addresses. Select and use an e-mail address corresponding to your location from the options provided for personalized assistance.
  • Phone Number: BetMGM also has state-specific phone numbers for direct assistance. However, you can only use them between 11 AM- 8 PM.

For common or less-pressing queries (such as how to withdraw your winnings), check the frequently asked questions (FAQs) in the Help & Customer Care section.

Payment Methods and Security

BetMGM allows easy deposits and withdrawals through various methods. It also has security features for secure betting and enhanced user data protection. Here is an in-depth exploration:

Deposits and Withdrawals

Deposits: BetMGM users can make free, instant deposits through credit cards, Apple Pay, and Venmo. Other methods include PayPal, Skrill, online banking, e-check, and Play+Prepaid card. Users can also make physical payments at a local CVS, Family Dollar outlets, or 7-Eleven stores.

The platform also offers state-specific payment methods. For example, bettors in Atlantic City, New Jersey, can fund their accounts at the Borgata Hotel, Casino, and Spa Resort. As you check the options available for your account, remember that most methods have a $10 deposit limit. You can also cap your daily, weekly, or monthly deposit amount.

Withdrawals: Although BetMGM withdrawals are safe and secure, they take comparatively longer. Requests can take 2-7 banking days to process, depending on the method used. For example, PayPal, Skrill, and e-check withdrawals take 2 to 3 days, while Play+ can take up to seven days. Other methods include online banking and electronic transfer.

Remember the following tips when making BetMGM deposits or withdrawals:

  • Directly transferring funds to a credit or debit card is impossible. You can only get money to your bank through electronic transfer or online banking.
  • Most withdrawal options have a $20 minimum withdrawal limit. The maximum withdrawal differs from one option to another.
  • Deposits are mostly processed instantly, while withdrawals depend on the payment method.

Security Measures

BetMGM prioritizes fair, safe, and secure gameplay. Here is how it guarantees player safety and minimizes the risk of cyberattacks:

  • It uses advanced encryption technology to protect sensitive user data and communication.
  • It supports safe deposits and withdrawals through an in-built 3-D Secure protocol.
  • Thanks to the integrated Visa and MasterCard SecureCode programs, users must verify online transactions.
  • It has qualified cybersecurity specialists and advisors who continually assess and improve its defenses.
  • Its advanced firewalls prevent unauthorized access and protect user data by acting as a barrier between the platform’s internal network and the Internet.

Other security measures include controlled-access login procedures, robust user identification technology, and an optional cashout security feature. The platform also adheres to strict regulatory requirements, including independent auditing, licensing, fraud/collision detection, and platform protection.

NXTbets: Your One-Stop Betting Solutions Provider

At NXTbets, we believe betting should be enjoyable and rewarding. For such an experience, bettors must consider several factors, beginning with the betting platform. We seek to help bettors maximize the value of their bets through different means, including ongoing affiliate programs with trusted betting platforms such as BetMGM. We also offer valuable resources like real-time action sports betting data, insights, picks, and in-depth blogs.

Even as you explore the legal landscape of sports betting in the US, remember to engage safely through responsible gaming strategies. Sign up for our newsletter and continue reading our blogs for expert insights, timely updates, and exclusive offers.