BetMGM Sportsbook Promo Code | Best Bonuses & Betting Experience
If you’ve yet to try BetMGM Sportsbook, now is a great time to change that. The sports betting platform is offering an excellent welcome offer for new users. After signing up for a new account, I was able to score up to $1,500 bonus bets if my first bet didn’t win. BetMGM’s offer for new customers delivers the bonus bets in the amount of your initial stake if your first wager loses.
Join me as I share what you can expect from BetMGM Sportsbook, providing detailed information on how to sign up for a new BetMGM account and claim the up-to-$1,500 in bonus bets from the welcome offer. But that’s not all. I’ll also cover many other aspects of the sportsbook, like the deposit and withdrawal processes, customer support options, the vast array of markets and betting options available, and the many other features that make BetMGM Sportsbook one of the top sportsbooks in the U.S.
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Pro tip: Besides the welcome bonus and large range of betting markets, I really like that BetMGM Sportsbook offers players special promotions regularly, including frequent odds boosts and boost packs.
Pros & Cons of This Sportsbook’s Promo
Pros
- The first-bet safety net bonus helps minimizes the risk on your first wager
- Getting your stake back on your first bet allows you to make a larger initial wager, as you’ll get the full amount of your stake back if it doesn’t win
- If you wager $50 or more with your first bet, you’ll receive five bonus bets in the amount of your initial stake, letting you spread the bets out over multiple wagers
Cons to look out for
- If all of your wagers with bonus bets lose, you’ll get no returns on your first bet
- Unlike with a normal wager, the bonus bet stakes are not returned with your winnings
- Bonus bets expire after seven days
How This Promo Compares to Other Sportsbooks
Here’s how BetMGM’s welcome offer compares to new-user promotions at other top U.S. sportsbooks:
| Sportbook | BetMGM Sportsbook | FanDuel Sportsbook | bet365 Sportsbook |
|---|---|---|---|
| Welcome offer | Up to $1,500 in bonus bets if first bet loses | Bet $5, Get $200 in bonus bets if first bet wins | Bet $5, Get $200 in bonus bets |
| Promo code | Click here to claim | Click here to claim | Click here to claim |
| Bonus odds restrictions | None | None | -500 or shorter |
| Minimum deposit | $10 | $10 | $10 |
| Bonus expiration | 7 days | 7 days | 7 days |
Best Feature: Don’t be too sad about losing your first bet. Bonus bets are delivered right after your first wager settles as a loss, so you’ll be able to use them on other bets and (hopefully!) pick a winner.
How I Claimed & Used the BetMGM Sportsbook Promo
I found the process of signing up for a new BetMGM Sportsbook account and claiming the welcome offer to be very straightforward and fast. To sign up, I only needed to enter a few personal details, after which BetMGM electronically pre-filled the rest of my information and I was almost immediately verified.
After verification, I needed to fund my account before placing my first bet, a process I also found to be very smooth. Since the first bet would be returned to me as a bonus bet if it lost, I found an in-process NFL game and picked the underdog with +300 odds to win. I placed a $25 bet which ultimately lost, meaning I didn’t receive the $100 payout.
The loss settled shortly after the game ended, after which I had one $25 bonus bet token waiting for me in my account that I could use right away.
Step-by-Step Sign-Up Process
Here are the simple steps I took to register for a new BetMGM Sportsbook account:
Download App
After downloading the BetMGM Sportsbook app, I hit the prominent “Sign Up” button to begin registration. You can also register through the BetMGM website at betmgm.com/en/sports.
Enter Email
I then entered my email address to begin the sign-up process. You can also sign up using your PayPal or Yahoo Sports account, but additional details must be provided.
Create Password
From there, I was prompted to create a password for my new account.
Verify Account
The next step was to enter the last four digits of my social security number and phone number, after which I was sent a code to verify the number. This allowed BetMGM to pre-fill the rest of my information (name, street address and date of birth), but you can also opt to enter those details manually.
Start Playing
Once the pre-filled details were submitted, I received a notification that my identity had been verified and I could begin using BetMGM Sportsbook.
Be aware that if BetMGM cannot verify your identity electronically with the details provided, you may be asked to upload images of your government-issued ID, which will be manually reviewed. This can add additional time to your verification.
Be sure to use our exclusive link to sign up for your new account. This will pre-fill the BetMGM Sportsbook promo code so you can claim the welcome offer.
My Experience with the Bonus
I decided to use my $25 first-bet-bonus token on the primetime NFL game that night and, while I could have again picked a longshot to potentially maximize my return, I decided to play it safe and picked the favorite at -125 odds, so I’d at least get something back.
To use my bonus bet, after entering the amount of my wager, I simply needed to click “Apply Reward” before submitting the bet.
My bonus-bet wager won and I promptly received a $20 payout, which I could withdraw or use for future bets. If I’d wagered $50 or more, I would have received five bonus-bet tokens, each worth 20% of my initial stake, which would have allowed me to spread the bets around and try a few different kinds of wagers.
The whole process was simple and easy to understand, with no friction with the sign-up or bonus claim. I also liked that the only restrictions on my first bet and bonus-bet wagers were that odds needed to only be -10000 or better.
App & Website Experience
The design layout and various other features of BetMGM Sportsbook make it as easy to navigate as any other top U.S. sportsbook. But there are a few things that could be improved, like the overall speed of the platform.
App Speed
My biggest issue with BetMGM Sportsbook is that, compared to some other sportsbooks, it takes slightly longer for pages to load when opening the different sports markets and trying to place a bet. It’s only a matter of an additional 2-3 seconds, but it can often be frustrating, particularly when engaging in live, in-game betting.
Ease of Use & Navigation
The speed issues make the platform feel less intuitive than other online sportsbooks. But the BetMGM Sportsbook app and site are by no means difficult to navigate, with the different sports and leagues laid out in easy-to-find sections. The loading issues don’t affect the ease-of-use too terribly much; I think more experienced bettors used to faster sportsbooks might get impatient, but new or more casual bettors may barely notice.
Login, Geolocation
I had some issues when opening the app, where the app would stall out and I had to close and reopen it. When it did load properly, I found that turning on Face ID sped up the login, but the app still took an extra second or two more to load when logging in compared to some other sportsbooks.
I never had issues with geolocation checks, which confirm you are in a state where betting on BetMGM Sportsbook is legal. When loading the site on my computer’s web browser, it seemed to automatically take me to the site for the state in which I was betting.
Overall Interface & Design
I love the look of BetMGM Sportsbook, which uses a dark background with white text, making it easy to read. While the layout is easy to navigate, the opening homepage can be a little cluttered, with scroll bars with the different games and boxes promoting pre-built parlays inserted throughout. Thankfully, those promotions mostly disappear as the games start.
The sections for the different leagues and sports are much more clean and straightforward, showing boxes with just the different games and related straight-bet odds, which can be clicked on to see the full range of bets available.
Placing Bets – Pre-Game, Live & Parlays
Besides taking a second or two longer than I’m used to when placing bets due to the aforementioned speed issues, the betting experience at BetMGM Sportsbook is pretty smooth. There are betting markets for all major sporting events and numerous betting options, including straight bets, player, game and team props, and SGPs and multi-game parlays.
🔍 Finding Markets
I never had any issues with finding particular markets on BetMGM Sportsbook. You can click the collapsible “Sports” section at the top of the homepage to see all of the sports and leagues, or scroll through them all in the toolbar just beneath it.
The search function also works pretty well, but can be a little quirky and require additional clicks.
For example, when I searched “Charlotte” to look for Hornets NBA markets, instead of listing every team attached to the name, it provided links to the results in the football, basketball, and World Cup betting sections that required an additional click. The only direct link provided was for the “Charlotte 49ers,” the teams from University of North Carolina at Charlotte. But when clicking on the Charlotte 49ers link, it also showed me the market for an upcoming San Francisco 49ers game.
🧾 Bet Slip Experience
The bet slip at BetMGM Sportsbook can be opened at any time by clicking on the bar near the bottom of the screen, even when you have no bets in progress. It’s easy to add and delete wagers on the betting slip; just click the “X” next to the bet to get rid of it. When placing a bet, you’ll see your potential payout, including what it will be when using bonus bets.
I could also build parlays easily by just selecting multiple bets after my first bet had been added to the bet slip. After clicking on multiple bets, BetMGM gave me the option to place them individually or all together as a parlay. I could also choose to keep wagers on my bet slip, which would seem to be useful only if you are planning to make the same exact bet in near future, perhaps on something like a particular player to reach the same benchmark stats game to game.
💰 In-Play Betting
On BetMGM Sportsbook, I could make many bets on games even after they’d started. Click the “Live” section to see all of the games currently in progress. These live bets include most props and straight bets, including spreads and totals, which allows you to respond to odds adjustments as the game goes on.
When odds change, BetMGM highlights them with different colors to show whether they’ve gone up (highlighted in green) or down (highlighted in red). I did notice that when certain bets would lock while the odds were being adjusted, it sometimes took a few minutes before they reopened.
BetMGM Sportsbook also lets you bet on some shorter-period outcomes. I didn’t have any issues placing bets on next possession results f or football games or point/set winners during tennis matches.
But given the sometimes lengthy period of time some markets lock for odds shifts, I imagine it would make shorter-period outcomes, like the result of a next pitch in baseball, more difficult to wager on. BetMGM doesn’t have an extensive menu of these types of “microbets” and they were only available for some games. I didn’t see any basketball “next possession result” bets, for example.
Features That Stand Out
On BetMGM, You’ll find most of the same features you’ve seen at other sportsbooks, including a couple of standout ones.
Live Streaming & Visualizations
BetMGM reportedly offers in-app, live video streams of some games, including MLB matchups. Over the four days I tested the sportsbook, during which there were football, basketball, hockey, tennis, and soccer matches, none of the games were available to stream.
But you can follow along with games using BetMGM’s visualizers, which are accessible in each game market by clicking the field icon in the upper right corner. The game visualizers work well, updating with every play while also showing various related stats.
Cash-Out & Same Game Parlay
In the My Bets section, you can see your live, open, and settled bets. If early cash out is available on your bets, you’ll see a button to initiate that process in this section.
It’s easy to build parlays on BetMGM Sportsbook. Just add bets and, when you go to enter your wager amount, you’ll see them presented as both parlays and individual markets, along with the latest odds and your payout if you win. You can also hit the “Build Parlay” button on any game market to start building SGPs.
I like that BetMGM Sportsbook doesn’t over-promote their pre-built parlay suggestion, limiting them to pre-game. At some sports betting platforms, they are over-highlighted and can get pretty annoying.
Unique Features
BetMGM is one of the few online sportsbooks that allows you to change your bet after you’ve placed it with their Edit My Bet feature (which closes once a game starts). At many sportsbooks, if you’ve made a mistake or want to change your bet, the only way to do so is to cash out your wager and usually lose a little money. At BetMGM, I could also cash out the full amount of my wager within minutes after placing a bet.
You can also set up “Auto cash out,” which lets you pull out of a bet once the cashout value reaches a specified amount.
BetMGM also has a solid loyalty program, BetMGM Rewards, which I was automatically enrolled in when I signed up for an account. You earn points with every bet you make, which can be redeemed in the rewards store for bonus bets. Points can also be converted into MGM Rewards points and be used on dining, entertainment and more at MGM’s various brick-and-mortar properties around the country. BetMGM Rewards members can also get bonus bets on their birthday and sign-up anniversary.
Payments, Withdrawals & Support
BetMGM accepts several different banking methods for deposits and withdrawals, so you should be able to find ones that best suit your needs.
Deposit & Withdrawal Process
To make a deposit, just hit the “Deposit” button at the top of the screen. You can also go to your account page, where you’ll see your wallet and options to deposit or withdraw. After making a deposit, you have to use the same banking option for your withdrawals. To change your withdrawal method, you must first make a deposit using it.
The minimum deposit you can make is $10. When selecting your deposit method, hit the “deposit limits” link to see the maximum daily, weekly, and monthly deposit limits for each option.
Here are the payment options with which you can choose to fund your BetMGM Sportsbook account:
- Visa and Mastercard debit/credit cards
- Discover credit cards
- Online banking transfer (via Trustly)
- PayPal
- Venmo
- ApplePay
- GooglePay
- VIP Preferred
- Play+ Prepaid Card
- Bank wire transfer (minimum $500 deposit)
- If you decide to withdraw your winnings at BetMGM Sportsbook, you can use all of the same methods available for deposits, plus:
- Mailed check (New Jersey only)
- In-person at the cage at MGM casino properties
Credit card deposits and withdrawals are not available to users in Iowa, Tennessee, Massachusetts, New York, and Illinois.
How Long It Took to Get Paid
Overall, I found the deposit/withdrawal process at BetMGM Sportsbook to be very fast, transparent, and efficient. When I deposited funds into my wallet using both ApplePay and my debit card, they hit my account and could be used instantly.
In its FAQ help section, BetMGM says it has a 3-5-day review period for all withdrawal requests, but I received my payouts much faster. After review, the sportsbook also says that the average payment processing period for withdrawals with Visa cards, PayPal, Venmo, and Play+ prepaid cards is less than 24 hours, while most other options can take up to 3-4 days.
When I put in my requests for withdrawals using ApplePay and a Visa debit card, the funds were shown as pending in my accounts within minutes. I had access to the funds the following morning. BetMGM sent emails and in-app notifications when my withdrawal requests were received, and also when they were approved.
Customer Service Experience
If you have any issues with your BetMGM Sportsbook experience, you can reach out to customer support by going to your account and clicking the “Help Center” link. There you’ll find a fairly comprehensive help section where you can search a database to find detailed answers to most basic questions you may have regarding things like verifications, deposits and withdrawals, bonuses, and much more.
BetMGM only has phone support in certain states (it wasn’t available in mine). When I clicked the “Help & Customer Care” link and then “Contact Us,” I was shown the two ways to reach someone directly — email (done through an internal messaging feature that sends emailed responses) and live chat.
The 24/7 live chat feature works very well. I was initially greeted by a chatbot, which asked what my issue was and offered a few options to click for some stock responses. But when I typed in “connect to agent,” I was promptly sent to a very helpful (and human!) customer support team member who fully answered my questions very quickly.
What Other Bettors Say
Online you’ll find a lot of chatter on social media, particularly Reddit, about BetMGM Sportsbook. People have mixed reviews of the sportsbook, with some having issues with glitches, speed, and withdrawal delays. Others said they appreciated the breadth of markets available and the welcome offer that returns the stake on your first bet (if it loses) in the form of bonus bets.
BetMGM has generally good reviews on the app stores for Apple and Android mobile device users. On Apple’s App Store, it has a 4.8-star (out of 5) rating, while on Google Play (where the Android version is available), it has 4.1 stars.
How Do Players Feel About BetMGM Sportsbook Promotions?
Most complaints about BetMGM are about speed and tech glitches, but, overall, players seem to really like the sportsbook’s promotions.
- Some bettors said they loved that they could receive up to $1,500 in bonus bets from the new-customer bonus.
- For the welcome offer, users like that BetMGM splits the bonus bets into five tokens if your first bet of $50 or more loses.
- Users said they appreciate the consistent promotions for existing users, which include frequent odds and parlay boosts.
- Some users reported being unhappy with technical issues, including not receiving their bonus bets, which forced them to contact customer support to get them.
“BetMGM has had a major improvement as of late, the promos are well above average, the (welcome offers are) very generous, noted and talked about constantly with my (sportsbook) contacts.” — Nicholas in a Google Play review
My Final Verdict – Should You Bet at BetMGM Sportsbook?
If you’re at all interested in sports betting and BetMGM Sportsbook is available in your area, I definitely think you should give it a shot. In terms of the layout, design and the wide range of markets and betting options available, BetMGM compares well to most other top U.S. sportsbooks. The primary knock against it is the slower speed and glitches that sometimes occur.
A big incentive to sign up and give BetMGM Sportsbook a try is the potentially generous welcome offer. I liked that I could make my first bet knowing that if it didn’t win I’d receive bonus bets in the amount of my initial stake. For testing purposes, my first bet was small, so when it lost I received a single bonus bet. If I had to do it again, I would’ve made a first bet of $50 or more in order to receive five bonus bets, each worth 20% of my stake. That would’ve allowed me to diversify my bonus bets and potentially win more.
If you’re looking for a sportsbook with a huge selection of betting options, good parlay-building features, and a solid new-user bonus, download BetMGM and start betting today.