Online sports betting and real-money gaming are exciting, engaging, and potentially rewarding activities. However, they require safe, reputable, and regulated platforms. BetMGM and DraftKings have rightfully dominated the online sports gaming industry. Bettors love their usability, market diversity, and promotions. Both offer new bettors generous deposit bonuses to enhance their initial bankroll and maximize potential profitability.
At NXTbets, we strive to help bettors, real-money gamers, and sports fans improve their betting, Daily Fantasy Sports (DFS), and fandom experience. Our betting experts offer in-depth blogs on various subjects, including reputable sportsbooks, DFS platforms, niche sports, and betting strategies. Join us as one of our specialists reviews BetMGM and DraftKings sportsbook deposit bonuses, features, and other relevant aspects.
Let’s begin by exploring what makes a deposit bonus attractive and an overview of both platforms.
What Makes a Deposit Bonus Attractive
While deposit bonuses are welcome, bettors should choose the most lucrative. A deposit bonus should be valuable, flexible, and accessible for enhanced user experience and profitability. Below are the factors that make deposit bonuses attractive:
Value: Larger bonus amounts translate to increased profitability or enhanced value.
Flexibility: Check how fast or easily you can convert the bonus funds into cash.
Accessibility: Consider the bonus terms and usability-related factors like game eligibility and expiration dates.
Overview of Platforms
Both BetMGM and DraftKings are renowned sports betting platforms. However, here are a few unique things to note about each:
DraftKings is one of the pioneers of Online Sports Betting.
BetMGM is part of the MGM Resorts brand. It is a favorite among many professional bettors owing to its great promotions, partnerships with major leagues, and premium features.
Comparing BetMGM Deposit Bonus vs. DraftKings Sign-Up Bonus
Let’s explore and contrast BetMGM and DraftKings sign-up bonuses.
BetMGM Deposit Bonus
BetMGM has one of the best welcome offers. With a minimum deposit of $10, users can qualify for bonus bets equal to their stake (capped at $1,500) if their first bet fails. Enter the code BETMGMBONUS during signup to claim this competitive offer.
DraftKings Deposit Bonus
DraftKings offers new users a welcome bonus of 20% of the deposit amount (up to $1,000). To qualify, they must be in an eligible state and make a qualifying deposit of at least $5. Continue reading for more information on eligible states.
Which Bonus is Better for Users?
BetMGM offers a higher percentage match, making its deposit bonus more lucrative than DraftKings’. On the other hand, DraftKings users can easily access their deposit funds due to fewer restrictions and requirements. Choose BetMGM for long-term value or DraftKings for enhanced accessibility.
Promos for Existing Customers: BetMGM vs. DraftKings
Besides the deposit bonus, both DraftKings and BetMGM have promotions for existing customers. Below is an in-depth discussion:
BetMGM Promotions
You can maximize your BetMGM success by cashing in on the following promos:
Referral bonus: BetMGM rewards users who refer their friends to the platform. You will receive $50 per registration (your friend also gets a similar value), capped at 20 registrations.
Money Monday Club: This BetMGM incentive runs every week. Users receive $10 in bonus bets every Monday. However, they must have enrolled through the promotional page and used at least $50 on money bets the previous week to qualify.
Other ongoing BetMGM promos include the following:
Cashback insurance on certain parlays.
Risk-free prop bets on select (mostly high-profile) events.
Diverse parlay odd boosters.
Betting credits and special offers at MGM Resorts.
DraftKings Promotions
Seasoned DraftKing users enjoy the following promotions:
Refer a friend promotion: You can earn up to $100 (depending on your referral’s deposit) by referring your friends or new users to DraftKings.
Odd surges: DraftKings offers odd surges in select events, such as PGA Tournaments.
Odd boosts: DraftKings’ odd boosts apply to Same Game Parlays (SGPs). Users enjoy better odds than in a traditional parlay and even bigger boosts for additional SGP legs.
Flash bets: DraftKings has in-game promotions for live events, offering users a dynamic betting experience.
Comparing Recurring Promotions
BetMGM’s recurring promos suit consistent or ‘big events’ bettors, while DraftKings’ diverse promotions suit casual bettors and DFS players. Always check your account’s promotions page for new, lucrative offers.
BetMGM vs. DraftKings Mobile Apps
For easy, fast, and accessible gameplay, both DraftKings and BetMGM have mobile applications. Here are their features and how they compare:
BetMGM Mobile App Features
It is available on Android and iOS: Bettors can easily download the BetMGM application from the Play Store (Android) or App Store (iOS).
It is user-friendly: The BetMGM mobile application has a clean, bug-free interface and is compatible with various devices and screen sizes.
Bettors can access a full feature set: The mobile application has all the features found on the desktop site, from betting markets and tools to competitive odds.
The BetMGM app installs quickly on iOS and Android platforms, making it easy for bettors to get started. Users enjoy unique tools like “easy parlay Builder” and “edit my bet.”
DraftKings Mobile App Features
It has a user-friendly interface: Bettors can navigate different sports and betting options thanks to DraftKings’ user-optimized design.
It offers extensive betting markets: The DraftKings’ mobile application has diverse betting markets. Bettors can wager on popular sports like basketball and baseball or niche sports like table tennis and darts.
DraftKings Sportsbook offers an excellent live betting feature. You can wager on games as they unfold, boosting your overall sports-watching and wagering experience.
It has top-notch DFS integration: Users can seamlessly transition between sports betting and DFS contests.
DraftKings allows members to customize notifications for their favorite promotions and teams.
Head-to-Head Comparison
Choose DraftKings for enhanced speed and DFS integration and BetMGM for unique betting tools. However, both platforms are built to offer a premium user experience.
Legal States for BetMGM and DraftKings
BetMGM and DraftKings are both popular. Read below to discover where they operate legally.
Where is BetMGM Available
BetMGM Sportsbook is available in most states that legalize sports betting. These include:
Arizona, Indiana, Iowa
Michigan, Kansas, Kentucky
Colorado, Louisiana, Maryland
Massachusetts, Mississippi, Nevada
New Jersey, North California, New York
Ohio, Tennessee, Pennsylvania, Wyoming
Washington, Virginia, Wyoming, West Virginia
Check out the BetMGM website for more information. Stay tuned with NXTbets for relevant updates.
Where is DraftKings Available
DraftKings is available in roughly 20+ states. You can access its online sports betting/DFS contests in:
DraftKings has been aggressively expanding by launching operations in various states. It has more geographical coverage than BetMGM. However, judging from recent years, both platforms will continue to widen their geographical and market coverage.
Responsible Gaming on BetMGM and DraftKings
Both BetMGM and DraftKings prioritize responsible gaming. BetMGM users can set deposit, time, and spending limits or use the platform’s time-out feature to take a break in case of gambling dependency or issues.
DraftKings offers several responsible gaming tools, including limits, self-exclusion, and timeouts. You can review its responsible gaming blogs to learn how to play, set cool-off periods, establish limits, and exclude yourself from the platform.
Here are a few general responsible gaming tips for both DraftKings and BetMGM bettors:
Bet or play for entertainment only: Do not treat gambling or Daily Fantasy Sports as a source of income.
Take regular breaks: Breaking regularly between betting sessions minimizes chances of overdependence or problematic gambling.
Set a gaming budget: Have a daily, weekly, or monthly budget and honor it.
Lastly, only commit money you can afford to lose. Any lost funds should be viewed as entertainment costs.
BetMGM vs DraftKings Customer Support
You should promptly contact customer support if you have an issue with your deposit bonus or any ongoing promotion. Here is a brief overview of BetMGM and DraftKings’ customer support:
BetMGM: You can reach BetMGM’s customer representatives via email, live chat, or the platform’s official social media channels. You can also navigate to the ‘Help & Customer Care’ page to obtain a self-diagnosis (if possible) from the Help Center.
Click the ‘Contact Us’ button for 24/7 live chat support, complete an online support form (on the contact page), or email the relevant regional contact for help. Online support forms are answered within 24 hours.
DraftKings: DraftKings also offers 24/7 customer support. You can obtain assistance through the live chat feature, email, or the platform’s official social media platforms. Unfortunately, the live chat option (albeit instantaneous) offers automated answers only. Select the “Get in touch” option for help with more complex questions. Unfortunately, most DraftKing users and customers are dissatisfied with the platform’s customer service response.
BetMGM towers above DraftKings in customer support. It has robust 24/7 chat availability, making it highly accessible for urgent issues. DraftKings’ customer response is quite slow. However, it offers in-depth solutions.
Overall Winner: BetMGM or DraftKings Deposit Bonus
Both BetMGM and DraftKings have great deposit bonuses and ongoing promotions. Whether to use one or the other should depend on your preferences. Here is a summary of what each offers:
BetMGM: Unique features, high-value bonuses, and consistent promotions.
DraftKings: Excellent app performance, easily redeemable bonuses, and enhanced speed.
As you choose, evaulate additional platform features.
Conclusion
DraftKings and BetMGM are leaders in the sports betting industry. While each excels in specific areas, they both offer excellent deposit bonuses. For seasoned bettors looking for maximum returns and unique promotions, BetMGM is the best choice. DraftKings serves new bettors looking for usable bonuses better. All in all, both offer excellent wagering opportunities that are worth considering.
Consider NXTbets for real-time sports betting data, insights, and picks. We offer in-depth blogs on sports, sportsbooks, athletes, and betting strategies to boost your sports betting experience.Subscribe to our newsletter for prompt updates, exclusive offers, and expert sports betting data.
Which Platform Has a Lower Playthrough Requirement for Bonuses?
DraftKings has lower playthrough requirements (5×) than BetMGM (15×). Its users can unlock and convert bonus funds quickly and easily. Sign up with DraftKings today to begin or continue with your Sports Betting journey.
Can I Claim Both Bonuses If I Have Accounts on Both Platforms?
Yes. Bettors with separate accounts on DraftKings and BetMGM can claim both bonuses if they meet relevant qualifications and reside in eligible states. Register with BetMGM Sportsbook to explore.
Are BetMGM and DraftKings Legal in My State?
BetMGM and DraftKings are available in several states. Check your state’s sports betting regulations or contact the relevant gaming authority to confirm.
Which Platform Has Faster Withdrawals?
DraftKings offers faster withdrawals (within 24 hours) than BetMGM, especially through its PayPal and e-wallet options. In contrast, BetMGM withdrawals usually take 1-2 days (or longer) depending on the method.
How Do I Download the BetMGM or DraftKings Mobile App?
BetMGM and DraftKings have Android and iOS mobile applications:
Download the app from your Google Play store if you are an Android user.
Obtain the mobile app from your App Store if you are an iOS user.
Can I Use Crypto to Deposit or Withdraw Funds on BetMGM and DraftKings?
Unfortunately, BetMGM and DraftKings do not accept crypto payments. However, you can use traditional methods such as bank transfers, credit cards, and e-wallets.
Which Platform Has Better Odds Pricing for Sports Contests?
BetMGM offers slightly better odds for select markets, making it an excellent choice for seasoned bettors looking for value. DraftKings, on the other hand, offers competitive pricing and boosts for live bets and parlays, making it great for casual players.
Please refer to Affiliated Operators’ T&C. Void where prohibited. Gambling problem? Call 1-800-GAMBLER
Bonuses improve your online sports betting experience. They offer you more value for your money and allow you to explore the wide betting market. Every astute bettor looks at bonuses as a way of minimizing risks without risking their own money. Picture betting bonuses as a cushion to your betting, allowing you more money to …
Alternative sports were once considered a niche but have since gained more popularity. Nowadays, it is common to hear both enthusiasts and bettors talk about alternative sports. Alternative sports, such as Professional Bull Riding or the World Jai Alai League, provide a wide range of betting opportunities. In the United States, sports betting is evolving with the increase …
Bonus bets are the best enhancement to a bettor’s gaming experience. Imagine placing more bets with even lesser financial risks. It is like a power shot that pushes you up the ladder in the betting world. Both beginners and seasoned bettors can claim bet bonuses on Betcris. Betcris is one of the most reputable sportsbooks …
Caesars Sportsbook is widely and rightfully recognized as a major player in the US online sports betting industry. It operates in several states, allowing bettors to wager on major leagues, niche sports, and live events. However, like other platforms, it has pros and cons, which you should understand before signing up. At NXTbets, we have …
BetMGM vs DraftKings Deposit Bonus- Which is Better?
Table of Contents
Online sports betting and real-money gaming are exciting, engaging, and potentially rewarding activities. However, they require safe, reputable, and regulated platforms. BetMGM and DraftKings have rightfully dominated the online sports gaming industry. Bettors love their usability, market diversity, and promotions. Both offer new bettors generous deposit bonuses to enhance their initial bankroll and maximize potential profitability.
At NXTbets, we strive to help bettors, real-money gamers, and sports fans improve their betting, Daily Fantasy Sports (DFS), and fandom experience. Our betting experts offer in-depth blogs on various subjects, including reputable sportsbooks, DFS platforms, niche sports, and betting strategies. Join us as one of our specialists reviews BetMGM and DraftKings sportsbook deposit bonuses, features, and other relevant aspects.
Offer Score
Offer Score
Offer Score
Offer Score
BetMGM vs. DraftKings: Key Comparisons Overview
Let’s begin by exploring what makes a deposit bonus attractive and an overview of both platforms.
What Makes a Deposit Bonus Attractive
While deposit bonuses are welcome, bettors should choose the most lucrative. A deposit bonus should be valuable, flexible, and accessible for enhanced user experience and profitability. Below are the factors that make deposit bonuses attractive:
Overview of Platforms
Both BetMGM and DraftKings are renowned sports betting platforms. However, here are a few unique things to note about each:
Comparing BetMGM Deposit Bonus vs. DraftKings Sign-Up Bonus
Let’s explore and contrast BetMGM and DraftKings sign-up bonuses.
BetMGM Deposit Bonus
BetMGM has one of the best welcome offers. With a minimum deposit of $10, users can qualify for bonus bets equal to their stake (capped at $1,500) if their first bet fails. Enter the code BETMGMBONUS during signup to claim this competitive offer.
DraftKings Deposit Bonus
DraftKings offers new users a welcome bonus of 20% of the deposit amount (up to $1,000). To qualify, they must be in an eligible state and make a qualifying deposit of at least $5. Continue reading for more information on eligible states.
Which Bonus is Better for Users?
BetMGM offers a higher percentage match, making its deposit bonus more lucrative than DraftKings’. On the other hand, DraftKings users can easily access their deposit funds due to fewer restrictions and requirements. Choose BetMGM for long-term value or DraftKings for enhanced accessibility.
Promos for Existing Customers: BetMGM vs. DraftKings
Besides the deposit bonus, both DraftKings and BetMGM have promotions for existing customers. Below is an in-depth discussion:
BetMGM Promotions
You can maximize your BetMGM success by cashing in on the following promos:
Other ongoing BetMGM promos include the following:
DraftKings Promotions
Seasoned DraftKing users enjoy the following promotions:
Comparing Recurring Promotions
BetMGM’s recurring promos suit consistent or ‘big events’ bettors, while DraftKings’ diverse promotions suit casual bettors and DFS players. Always check your account’s promotions page for new, lucrative offers.
BetMGM vs. DraftKings Mobile Apps
For easy, fast, and accessible gameplay, both DraftKings and BetMGM have mobile applications. Here are their features and how they compare:
BetMGM Mobile App Features
The BetMGM app installs quickly on iOS and Android platforms, making it easy for bettors to get started. Users enjoy unique tools like “easy parlay Builder” and “edit my bet.”
DraftKings Mobile App Features
DraftKings allows members to customize notifications for their favorite promotions and teams.
Head-to-Head Comparison
Choose DraftKings for enhanced speed and DFS integration and BetMGM for unique betting tools. However, both platforms are built to offer a premium user experience.
Legal States for BetMGM and DraftKings
BetMGM and DraftKings are both popular. Read below to discover where they operate legally.
Where is BetMGM Available
BetMGM Sportsbook is available in most states that legalize sports betting. These include:
Check out the BetMGM website for more information. Stay tuned with NXTbets for relevant updates.
Where is DraftKings Available
DraftKings is available in roughly 20+ states. You can access its online sports betting/DFS contests in:
Check out DraftKing’s website for more information.
Expansion Potential
DraftKings has been aggressively expanding by launching operations in various states. It has more geographical coverage than BetMGM. However, judging from recent years, both platforms will continue to widen their geographical and market coverage.
Responsible Gaming on BetMGM and DraftKings
Both BetMGM and DraftKings prioritize responsible gaming. BetMGM users can set deposit, time, and spending limits or use the platform’s time-out feature to take a break in case of gambling dependency or issues.
DraftKings offers several responsible gaming tools, including limits, self-exclusion, and timeouts. You can review its responsible gaming blogs to learn how to play, set cool-off periods, establish limits, and exclude yourself from the platform.
Here are a few general responsible gaming tips for both DraftKings and BetMGM bettors:
Lastly, only commit money you can afford to lose. Any lost funds should be viewed as entertainment costs.
BetMGM vs DraftKings Customer Support
You should promptly contact customer support if you have an issue with your deposit bonus or any ongoing promotion. Here is a brief overview of BetMGM and DraftKings’ customer support:
Click the ‘Contact Us’ button for 24/7 live chat support, complete an online support form (on the contact page), or email the relevant regional contact for help. Online support forms are answered within 24 hours.
BetMGM towers above DraftKings in customer support. It has robust 24/7 chat availability, making it highly accessible for urgent issues. DraftKings’ customer response is quite slow. However, it offers in-depth solutions.
Overall Winner: BetMGM or DraftKings Deposit Bonus
Both BetMGM and DraftKings have great deposit bonuses and ongoing promotions. Whether to use one or the other should depend on your preferences. Here is a summary of what each offers:
As you choose, evaulate additional platform features.
Conclusion
DraftKings and BetMGM are leaders in the sports betting industry. While each excels in specific areas, they both offer excellent deposit bonuses. For seasoned bettors looking for maximum returns and unique promotions, BetMGM is the best choice. DraftKings serves new bettors looking for usable bonuses better. All in all, both offer excellent wagering opportunities that are worth considering.
Consider NXTbets for real-time sports betting data, insights, and picks. We offer in-depth blogs on sports, sportsbooks, athletes, and betting strategies to boost your sports betting experience. Subscribe to our newsletter for prompt updates, exclusive offers, and expert sports betting data.
Offer Score
Offer Score
Offer Score
Offer Score
Frequently Asked Questions (FAQs)
DraftKings has lower playthrough requirements (5×) than BetMGM (15×). Its users can unlock and convert bonus funds quickly and easily. Sign up with DraftKings today to begin or continue with your Sports Betting journey.
Yes. Bettors with separate accounts on DraftKings and BetMGM can claim both bonuses if they meet relevant qualifications and reside in eligible states. Register with BetMGM Sportsbook to explore.
BetMGM and DraftKings are available in several states. Check your state’s sports betting regulations or contact the relevant gaming authority to confirm.
DraftKings offers faster withdrawals (within 24 hours) than BetMGM, especially through its PayPal and e-wallet options. In contrast, BetMGM withdrawals usually take 1-2 days (or longer) depending on the method.
BetMGM and DraftKings have Android and iOS mobile applications:
Unfortunately, BetMGM and DraftKings do not accept crypto payments. However, you can use traditional methods such as bank transfers, credit cards, and e-wallets.
BetMGM offers slightly better odds for select markets, making it an excellent choice for seasoned bettors looking for value. DraftKings, on the other hand, offers competitive pricing and boosts for live bets and parlays, making it great for casual players.
Please refer to Affiliated Operators’ T&C. Void where prohibited. Gambling problem? Call 1-800-GAMBLER
Related Posts
How To Claim BET365 Bonuses by NXTbets
Bonuses improve your online sports betting experience. They offer you more value for your money and allow you to explore the wide betting market. Every astute bettor looks at bonuses as a way of minimizing risks without risking their own money. Picture betting bonuses as a cushion to your betting, allowing you more money to …
Alternative Sports Betting: Game Mechanics and Betting Strategies
Alternative sports were once considered a niche but have since gained more popularity. Nowadays, it is common to hear both enthusiasts and bettors talk about alternative sports. Alternative sports, such as Professional Bull Riding or the World Jai Alai League, provide a wide range of betting opportunities. In the United States, sports betting is evolving with the increase …
How to Claim Betcris Bonus Bets by NXTbets
Bonus bets are the best enhancement to a bettor’s gaming experience. Imagine placing more bets with even lesser financial risks. It is like a power shot that pushes you up the ladder in the betting world. Both beginners and seasoned bettors can claim bet bonuses on Betcris. Betcris is one of the most reputable sportsbooks …
Caesars Sportsbook Review: Key Features, Promos & User Experience
Caesars Sportsbook is widely and rightfully recognized as a major player in the US online sports betting industry. It operates in several states, allowing bettors to wager on major leagues, niche sports, and live events. However, like other platforms, it has pros and cons, which you should understand before signing up. At NXTbets, we have …