BetMGM Sportsbook Bonus Code

Our Rating: 4.5
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Quick Take:

The BetMGM online sportsbook features a very generous sportsbook sign-up bonus and a number of impressive options to bet from. BetMGM is a sportsbook to watch. Backed by one of the top gaming companies in the US, we anticipate it will become a major player within the next few years. 

Visit BetMGM Sportsbook

  • Weekly "Money Monday" promotion is arguably the best in the industry
  • Match up to $500 on first deposit
  • Fantastic user experience
  • Strong partnerships with sports leagues and name brands

BetMGM Sportsbook Bonus Code 2020

BetMGM offers a decent new player bonus offer. Use our exclusive link below to claim up to a $500 risk-free bet bonus offer. Enter “TOPBONUS100″ to claim this Bonus Code at BetMGM. Please review the full terms and conditions before depositing.

BetMGM Sportsbook Bonus CodeUse Bonus Code "TOPBONUS100" to claim bonus offer
Deposit BonusUp to $500 risk-free bet
1x play through?Yes
Minimum Deposit$10
BetMGM Sportsbook StatesCO, WV, NJ, IN, Nevada
Date Last VerifiedOctober 2020

BetMGM Online Sportsbook: Quick Facts

  • BetMGM Sportsbook offers a $500 risk-free bet offer on the first deposit at the site. Terms and conditions apply.
  • There’s a wide variety of sports on offer, including US and international sports. They accept all types of straight bets as well as prop bets.
  • BetMGM has been announcing partnerships with professional sports leagues, including the Detroit Lions.
  • Deposit options include ACH/eCheck, prepaid cards, debit cards, PayPal, and casino cage deposit.
  • BetMGM Sportsbook is legally available to players in Colorado, Indiana, Nevada, New Jersey, and West Virginia. It is anticipated that BetMGM will launch in Illinois and Michigan as well. Michigan will most likely be next to launch as it announced its partnership with MGM Grand Detroit City.
  • BetMGM also operates an online casino in New Jersey and will launch an online casino in Michigan soon.

Pros

  • Strong partnerships with sports leagues and name brands to bring aggressive promotions to the consumer
  • Fantastic User Experience with a smooth and easy to navigate application
  • Money Monday features a free $10 bet every Monday with qualifying bets of at least $50 the week prior

Cons

  • Not typically first to market in a state once sports betting is legalized
  • Higher vigorish compared to other sportsbooks
  • No live-chat customer service option and difficult to find email and phone numbers
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Deposit Bonus:
$500 Risk Free Bet
Deposit Bonus:
$250 Free Bet
Deposit Bonus:
$200 in Free Bets
No Deposit Bonus:
N/A
No Deposit Bonus:
N/A
No Deposit Bonus:
N/A
PayPal Deposits: YesPayPal Deposits: YesPayPal Deposits: Yes
Cash Deposits:
PayNearMe, PayPal Online Banking, Credit/Debit Card,
ACH Check, Skrill
Cash Deposits:
Online Banking, PayPal, Credit/Debit Card
Cash Deposits:
PayNearMe, Online Banking, PayPal, ACH Check

What States Is BetMGM Sportsbook Available In?

BetMGM Online Sportsbook is available in Colorado, Indiana, Nevada, New Jersey, and West Virginia

 

BetMGM Colorado Online Sportsbook

In November of 2019, Colorado legalized sports betting online and in-person. Colorado online sportsbooks launched on May 1, and sites like BetRivers Sportsbook were first to market. Although it took a bit longer for BetMGM to debut in Colorado, they made it. 

The Colorado Division of Gaming Enforcement licenses all online sportsbooks in Colorado and each sports betting site must partner with a local, land-based casino. BetMGM partnered with Midnight Rose Hotel and Casino.

 

CO Online Sports Betting

BetMGM Indiana Online Sportsbook

The Indiana Gaming Commission gave BetMGM the authorization to debut in February 2020. In partnership with Belterra Casino & Resort, BetMGM immediately jumps near the top of the Indiana sports gambling market along with DraftKings Sportsbook.

Thanks to Boyd Gaming, the parent company of Belterra Casino & Resort, BetMGM has brought their superb reputation to Indiana, a huge boon for sports bettors in Indiana.

 

Indiana Online Sports Betting

BetMGM Nevada Online Sportsbook

Las Vegas, Nevada, is home to the largest selection of casino resorts in the US. MGM has a large foothold in the city, giving it a leg up on the competition when it comes to sportsbooks in the state.

MGM Resorts include:

  • The Bellagio 
  • ARIA
  • MGM Grand
  • Mandalay Bay
  • The Mirage
  • Park MGM
  • New York- New York
  • Luxor
  • Excalibur

Many of these locations now host sports betting kiosks. There are over 100 MGM sports betting kiosks in the market. But, sports bettors in Nevada don’t need to visit a Nevada casino to wager on their favorite sports.

Read More

 

Nevada Online Sports Betting

BetMGM New Jersey Online Sportsbook

BetMGM Online Sportsbook was one of the first sportsbooks to debut in NJ during the summer of 2018. Some fans may recognize BetMGM as “PlayMGM,” which was its initial launch name. The company rebranded when they announced their partnership with Roar Digital LLC.  

Of interest to NJ sports betters, Yahoo! partnered with BetMGM, effectively launching the Yahoo! Sportsbook. The Yahoo partnership gives NJ sports bettors and other users some unique offerings. 

Read More

 

NJ Online Gambling

BetMGM West Virginia Online Sportsbook

BetMGM Sportsbook West Virginia is partnered with The Greenbrier Resortwhich opened in 1778. The state legalized online gaming in March 2018 and the first online sportsbooks debuted in January 2020. 

 

West Virginia Online Sports Betting

Full Review Of BetMGM Sportsbook

The three things that you look for when attempting to grade a sportsbook are as follows.

First, overall betting options in terms of both types of sports and betting types. Second, would be the user experience of the application and ease of betting when using it. And lastly, a sign-up bonus that draws the consumer into the market. BetMGM grades highly on this scale making BetMGM Sportsbook one of the best online sportsbooks in the industry. 

BetMGM’s strength in the industry, backed by the reputation of MGM, means they are able to partner with sports leagues across the country. In 2020, BetMGM partnered with the National Lacrosse League to bring fans the option to bet on Lacrosse! MGM also partnered with Yahoo!. In Michigan, BetMGM announced a partnership with the Detroit Lions.

BetMGM Sportsbook is able to compete with other popular sportsbooks, including DraftKings, FanDuel, and FOX Bet. Although it’s still finding its own with respect to odds, being backed by MGM means where there is room for improvement, a strong publicly-traded company backs the app.

Overall, BetMGM is strong across the board in the three most important aspects of a sports gambling app. The rating of this sportsbook is high and will be difficult to beat, especially as they continue to take market share. 

Key Features Of BetMGM Sportsbook

Types of bets offered: Spreads, Moneylines, Futures, Totals, In-play, Prop Bets. 

Does BetMGM Online Sportsbook Have a Rewards Program? No. Unfortunately, betters will not accrue iRewards points or tier credits at this time.

What Sports Leagues are Covered?  NFL, NBA, MLB, NHL, NCAA, EP, MMA, and many more.

Mobile apps: Android and iOS. Web-version is available.

Deposit methods: Credit/Debit Cards, PayPal, Play+ prepaid card, Skrill, PayNearMe, cash at land-based casino,  

Minimum deposit: $10.

Betting limits: Players are responsible for their own limits. 

Other products available from sportsbook account:

  • Full online sportsbook
  • Online casino
  • Physical Casino locations across the country

License Information: BetMGM is licensed and regulated in each state jurisdiction it serves. For instance, in New Jersey, BetMGM is licensed and regulated by the New Jersey Division of Gaming Enforcement.

Deposits And Cashouts At BetMGM Sportsbook

How Can I Deposit At BetMGM Sportsbook?

Deposit MethodMinimum DepositHow long for funds to appear in my account?
Online Banking$10Generally instant
Visa, Mastercard, American Express Credit Card$10Generally instant
Paypal/Skrill$10Generally instant
ACH (eCheck)$10Up to 48 hours
PayNearMe with 7Eleven/MGM Casino & Resort Cash$10Cash - Instant

The most commonly used methods are credit/debit cards and PayPal. However, BetMGM does have the BetMGM Paid+ Prepaid Card. You can apply for this card on the BetMGM website. The card automatically attaches itself to the Sportsbook account. The card can be funded with Visa, Mastercard, or ACH, and then funds the Sportsbook account in turn with the card.

My Credit Card Was Declined At BetMGM Sportsbook. What Do I Do?

A consistent issue that betters run into is their credit card companies will not recognize the transaction and reject it. This happens when sportsbooks open up initially, which is a very common initial issue to run into. In this case, try one of the following options:

  • Using the BetMGM Play+ prepaid card
  • Using a different credit card
  • Using eCheck / ACH

How Can I Cash Out From BetMGM Sportsbook?

Withdrawal MethodMinimum CashoutHow long for funds to appear in my account?
Online Banking/Play+ Prepaid Card$10Generally Instant
Paypal/Skrill$10Generally Instant
Check By Mail$500Up to 14 business days
Casino Cashier$10Instant

BetMGM deposit and withdrawal options are some of the best in the industry. Adding PayPal and Skrill for instant transactions as well as online banking gives players instant transactions with no fees.

In some cases, there are limits on how a bettor can withdraw or cashout depending on the method of deposit. For example, if you use PayPal or Skrill to deposit, you cannot request a cashout via credit or bank transfer to withdraw.

How Can You Play At BetMGM Online Sportsbook?

Google PlayAndroid App. BetMGM online sportsbook is available as an Android app. As with all gambling apps in the Android store, you will need to sideload the app.
Apple StoreiOS App. BetMGM’s iOS app is very well-regarded and is available for download from within the App Store for iPhone and iPad.
BrowserBrowser. BetMGM online sportsbook can also be played from any major browser, including Chrome, IE, and Firefox.

Common Geolocation Issues With BetMGM Sportsbook

In order to bet with BetMGM, you must be in the state that the app mandates. Once you are inside state borders you will be able to place a bet.

BetMGM has had issues with this in the past with one IOS reviewer saying, “The app tells me I am not in NJ every time I try to place a bet. There is no check location feature on this app.”

This is definitely something BetMGM should invest in because constantly having to open and close the app for location checks definitely grows tiresome.

What You’ll Probably Like About BetMGM Sportsbook

Money Monday!

Arguably the best weekly promotion in the industry. Fans who bet $50 in a given week are given $10 free the following week! There are no odds restrictions and single bets are included in this promotion. Not to be confused with FOX Bet who offers a similar promotion but only on parlay action. You can qualify for this every week on BetMGM!!

User Experience Is Near The Top In The Industry

Taking application layout seriously is important and something BetMGM clearly invested lots of money and time into. The panels on the left side and bottom give bettors ease of access when choosing between different categories and sections.

Backed By MGM Reputation

MGM is one of the top companies in the gaming industry. This means bettors can feel confident when betting with the BetMGM Sportsbook.

Why You Might Choose A Different Online Sportsbook

BetMGM Sportsbook’s “No-deposit” Option Is A Casino-only Bet

You will see many “free $25 no deposit required” throughout the ad campaigns for BetMGM. This is only for casino bettors, not the sportsbook. This is important to differentiate. When you sign up for the sportsbook, there is no free bet without a deposit. 

Higher Vig Than Other Sportsbooks

Vigs are tough to work around because sportsbooks are not exactly the most profitable business. Vigs are basically a commission on bets that are placed through their app. Many people claim that FanDuel and FOX Bet offer significantly better odds, which does not come as a surprise.

BetMGM has an extremely high overhead cost with its casinos. In some cases, be sure to check the odds on other websites before placing your wager.

BetMGM Sportsbook: License Information

Below is a list of states where BetMGM operates an online sportsbook and their license partner in each state.

New JerseyThe Borgata Casino and Resort
IndianaBelterra Casino Resort & Boyd Gaming
ColoradoMidnight Rose Hotel and Casino
NevadaMGM Las Vegas Properties
West VirginiaGreenbrier Resort

Sports betting regulation works differently in each state. What is consistent is that each state has a regulatory agency responsible for overseeing all gaming activity, including online sports betting. For example, all legal online sports betting in New Jersey is regulated by the New Jersey Division of Gaming Enforcement. The NJ DGE regulates all retail casinos and online gaming sites to ensure fair play for bettors. 

In states where MGM has a casino operation, like in New Jersey, Nevada, and Michigan, the license comes under the MGM license. In states where MGM doesn’t already operate a retail casino, they must partner with a local casino. This is the case in West Virginia, where BetMGM operates in partnership with The Greenbrier.

Is The BetMGM Online Sportsbook Right For You?

BetMGM Online Sportsbook is backed by one of the largest companies in the gaming industry. BetMGM offers bettors in most states a $500 risk-free bet for fans to try a large betting option. If your bet loses, you will be given a refund in the form of a $500 free bet. The app is extremely easy to use and promotions are abundant throughout your time using it. Buffalo Wild Wings and Yahoo! are two of their largest partnerships and will undoubtedly extend their reach to fans across the nation. 

Critics of BetMGM will be frustrated by large vigorish and competitors may feature stronger odds. The veteran sports bettor will already know to hunt around for the best odds regardless of the sportsbook. This is an important distinction. The veteran sports bettor will take the sign-up bonus and hunt for the best prices on bets to increase the profit margins and have the opportunity to make the most money.

Is it legal to bet on sports online at BetMGM?

Yes, you must be located within the state borders where BetMGM is legally authorized to operate. Currently, BetMGM is licensed in Indiana, New Jersey, Nevada, West Virginia, and Colorado.

Is BetMGM sportsbook legit?

Yes. BetMGM is owned by MGM Resorts International who owns several casinos throughout the United States like the Borgata Hotel in Atlantic City as well as a litany of casinos in Nevada. They operate legally and various state gaming commissions regulate both their online operations and their retail casinos. 

Does BetMGM have a sports betting app?

Yes. BetMGM is available for download on both Android and iOS devices.

How old do you have to be to bet online at BetMGM Online Sportsbook?

21 or older. You must provide proof of identity when signing up for an account. 

Can I place bets directly on the BetMGM website?

Yes. BetMGM has a comprehensive website for fans in each state to place wagers directly on a website. This can be done on a computer or desktop anytime. Click your state here to place a bet. 

How do I get paid if I win at BetMGM Online Sportsbook?

BetMGM Online Sportsbook offers a variety of cashout options from PayPal, credit/debit card, wire transfer, and even a physical check. You can also get cash if you are near one of their official casino locations. With some cashout options you must have deposited using that same method. 

Can you do in-play betting at BetMGM?

Yes. BetMGM offers comprehensive and extensive live betting options. This gives sports bettors the opportunity to place bets while games are in play. 

What is the best way to make a deposit at BetMGM?

PayPal, Credit/Debit Card, and online banking are all instant options to fund your account. Refer to our table above for a full list of ways that you can make a deposit at BetMGM.

About the Author

Erich Richter

A New York based freelance writer and gambling expert specializing in the sports industry. Written on numerous platforms with SEO certifications and a diehard Mets, Giants and Knicks fan (it’s been tough). Interests include keeping up to date on the newest features and technologies from sportsbooks since beta testing several of the legal gaming companies upon their inception.