BetMGM Sportsbook Promo Code & Review (2023)

Backed by the MGM Resorts brand, BetMGM has quickly become one of the biggest and most successful online gambling platforms since it first launched. It has around 13% of the market share, making it one of the top sportsbooks in the US right now. You can sign up to BetMGM today and claim your excellent welcome bonus, or read on to find out more about what you can expect.

SportsbookReviewPromotionPromo CodeClaim
BetMGM Sportsbook
BetMGM Sportsbook
Risk Free Bet up to $1000
21+. Bet Responsibly. | T&Cs Apply
No code neededClaim Now!

BetMGM Bonus and Promotions

BetMGM has become one of the country’s favorite betting sites, thanks partly to its excellent bonus offers. According to the research we’ve done on all US sportsbooks, BetMGM has some of the best promotions, all of which are really easy to claim and use. Before you get started and claim any of the offers, be sure to read through the terms and instructions first.

BonusDescription
$1000 risk-free betClaim up to $1000 in bonus bets if your first bet loses, with your entire stake being refunded.
$10 bonus betgrab a $10 bonus bet when you bet $25 or more on boxing.
Refer a friend bonusClaim $50 for each friend that signs up using your referral link.

BetMGM Sign Up Offer

When you create your BetMGM account, you can claim the excellent welcome offer, which is available to all new users when they join. This offer lets you place a risk-free bet, refunding your stake in bonus bets if it loses. In total, you can receive up to $1000, split between five different bonus bets.

The bonus bets can’t be withdrawn, but you can use them to place bets on any sports on the site. They can only be used once and can’t be split up, and any winnings you make from them will be yours to keep. However, the bonus bet itself is used up when you place a bet using it.

To claim this sign up offer, simply follow these steps:

  1. Sign up to BetMGM
  2. Deposit at least $10
  3. Place your first bet on any event
  4. If it wins you get to keep your winnings
  5. If it loses, your stake is refunded up to $1000

Bet and Gets

Once you’ve signed up and used the welcome offer, there are still more rewards for you to claim. BetMGM offers regular bet and gets, which give you bonus bets if you place a qualifying bet. For example, the fight night bet and get gives you a $10 bonus bet if you place a $25 bet on the boxing.

To claim these bet and get offers, you need to make sure you read the terms carefully so you can place a qualifying bet. They’re usually only available for a specific event, and you’ll normally need to place your bet at the right odds in order to qualify.

Refer a Friend

BetMGM offers a fantastic reward scheme for those who encourage their friends to sign up. With the refer a friend offer, you can claim a $50 bonus for each friend that joins and meets the requirements. Your friend also gets a $50 bonus, so they have more incentive to join up. You can actually claim this offer up to 20 times per month, making it extremely lucrative if you have lots of friends.

The main condition of this offer is that each friend you refer will need to meet certain requirements. For example, they’ll need to follow your referral link and create an account within 30 days before making a deposit and completing the 1x wagering requirement of their $50 bonus.


Safety and Security

Before you join a sportsbook, safety, and security should always be on your mind. It’s important to only ever sign up to sites that are licensed, reputable and safe. During our review process, we carefully analyze all available data to make sure that each site we recommend is safe and secure.

BetMGM may be a relatively new sportsbook, but its parent company, MGM Resorts, is one of the biggest casino and entertainment companies in the world. With such a large reputation to protect, the company has ensured that BetMGM is one of the safest sportsbooks available, with encryption helping to keep your data secure.

BetMGM License

BetMGM is licensed in multiple states, including the following:

  • Arizona
  • Colorado
  • DC
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Louisiana
  • Maryland
  • Massachusetts
  • Mississippi
  • Michigan
  • New Jersey
  • New York
  • Ohio
  • Nevada
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • Wyoming

Responsible Gambling

Aside from keeping your data secure, BetMGM also ensures that you’re safe from gambling problems. The site encourages responsible gambling and is partnered with GameSense to help ensure your time betting is always fun, and that help is available if you need it. There are guides on staying safe while gambling, resources relevant to your specific state, and helplines that can provide support. In addition, BetMGM provides responsible gambling tools such as:

  • Daily, weekly, and monthly deposit limits
  • Daily, weekly, and monthly time limits
  • Cool down period for 180 days
  • Self-exclusion to close your account and prevent you from signing up again

Payments at BetMGM

The payment process at BetMGM is just what you’d expect from a high-quality sportsbook. Compared to other sites we’ve tested and reviewed, it supports a wide range of payment methods, and it’s incredibly easy to make deposits and withdrawals. Before you choose a method and make your first deposit, make sure you know the processing time and any limits.

Deposits

Payment MethodDeposit TimeFeesMinimum Deposit
Visa/MastercardInstantFree$10
PayPalInstantFree$10
Apple PayInstantFree$10
Online bankingInstantFree$10
Wire transferInstantFree$10
VIP Preferred eCheckInstantFree$10
MGM RewardsInstantFree$10
Play+InstantFree$10
PaynearmeInstantFree$10
Cash at retail location20 minutesFree$10

Withdrawals

Payment MethodWithdrawal Processing TimeWithdrawal TimeFeesMinimum Withdrawal
Visa/MastercardUp to five working days1-3 business daysFree$10
PayPalUp to five working days30 minutesFree$10
Apple PayUp to five working days30 minutesFree$10
Online bankingUp to five working days1-3 business daysFree$10
Play+Up to five working days1-3 business daysFree$10
Cash at retail locationUp to five working daysInstantFree$10

BetMGM Betting Features

BetMGM offers one of the best sports betting experiences, with plenty of great features to help you make the most out of your bets. Compared to other sportsbooks we’ve tested, the site is easy to use and has just about anything you could want in terms of sports, odds, markets, and features.

BetMGM Odds

BetMGM offers extremely competitive odds, regularly beating the other major sportsbooks in terms of price. If you’re looking for great value, you’ve come to the right place, as you can often find better odds at BetMGM, especially on NBA and NFL point spread markets.

All major US sports are available to bet on here, and you can find the latest odds on sports from around the world too. In fact, it offers more sports than a lot of other betting sites we’ve reviewed, and there’s a huge amount of variety to bet on if you want to branch out and enjoy new sports.

These are all of the sports you can currently bet on at BetMGM:

  • Aussie rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Football
  • Formula 1
  • Golf
  • Handball
  • Hockey
  • Lacrosse
  • MMA
  • Motorsport
  • NASCAR
  • Rugby league
  • Rugby union
  • Snooker
  • Soccer
  • Tennis
  • Volleyball

Betting Markets at BetMGM

On top of providing loads of different sports to bet on, BetMGM also has a wide range of markets, particularly on big events. This means you have a lot more variety to choose from and hopefully, an opportunity to find more value too. Bigger events such as those in the NBA, NFL, and MLB will have more markets, but you can also find lots of betting options on smaller events too.

Some of the most popular betting markets at BetMGM include:

  • Moneyline
  • Point spread
  • Total points/goals
  • Half/quarter betting
  • Player props
  • Game props
  • Parlays
  • Same game parlays

Live Betting

You can bet on both pre-game and live markets at BetMGM, with a huge range of live games available throughout the day. You can find all live games easily from the homepage, and they’re categorized by sport to make it easier to choose the event you want. Selecting a live game brings up the available markets, and you can also find live stats here too.

The number of live betting markets will depend on the size of the event, with games in major leagues featuring a far greater number of markets for you to bet on. Compared to some other sportsbooks, the live statistics aren’t as comprehensive, but there’s still plenty of information available to help you choose your bets. In addition, they’re updated instantly as the game happens, so you don’t need to worry about missing out.

Live Streaming

If you’ve opened up an account with BetMGM, you’ll also gain access to free streaming on loads of exciting sporting events. When you open up the live betting page you can easily select live streams from the sports menu to instantly find games that you can watch as you bet. Streams include NBA and MLB games, as well as lots of sports and competitions from around the world. The streams look great, and it works really well with the betting interface.

Cash Out

The cash out feature is one that a lot of bettors now can’t do without, and it’s available here at BetMGM. If you’re unfamiliar with how it works, it basically allows you to end your bet at the current odds. You can use it before a game, taking advantage of odds movement, or you can cash out during the game.

To cash out your bets, you can go to your bet slip and see if any of your open bets are available for cash out. The value of the cash out will be shown, so you know just how much you’ll get based on the current odds. BetMGM also offers an “Edit my Bet” feature that allows you to change any bet which currently has cash out available.


BetMGM Usability

One of the best features of BetMGM is how easy it is to use. Whether you’re completely new to sports betting or you’re already a member of several other betting sites, you’ll have no issues finding your way around the site. The layout and design of the sportsbook make it easy to find what you’re looking for, and signing up is really easy too.

The sign up process at BetMGM takes a few minutes at most. Once you’ve entered your information, you’ll simply need to verify your location and then make a deposit to start betting. We found the site very easy to use, thanks to the menus, which make finding the event you want to bet on incredibly simple.

Perhaps most importantly of all, BetMGM also offers a complete sports betting guide. This is great if you’re new to the world of betting on sports, as it explains everything you need to know to get started. This includes details on betting markets and how to understand odds.


Mobile Betting at BetMGM

You can sign up and start betting using a variety of different devices, as BetMGM is compatible with mobiles and desktops. The mobile site functions well, offering all the same features as you’d find on desktop, and it’s still just as easy to use. However, the sportsbook also provides its own app, with Android and iOS users able to download it directly to their tablet or smartphone.

The BetMGM mobile app is even easier to use and looks really great too. The betting interface is well-designed to make browsing sports and markets as simple as possible while ensuring you get all the same options as anyone else. Live streaming is also available through the app, so you never have to worry about missing a game while you’re away from home.


Customer Service

It’s important that you’re able to trust your sportsbook before you sign up, and good customer service can help. All of the betting sites we’ve reviewed offer varying levels of support, ensuring that if you have any questions or issues, you can get an answer. BetMGM is no different, and the help page is extremely useful if you have a question about how to use the site.

The help page includes lots of frequently asked questions about payments, accounts, and more. If you still have an issue, you can also get in touch with the support team for further assistance. The live chat is available 24/7, and there’s also an email and Twitter page if you prefer.

Support OptionDetailsResponse Time
Help centerFAQ pageInstant
Live chat24/7 availabilityWithin a few minutes
Email support[email protected]24 hours or less
Social mediaTwitter: @BetMGMSupport24 hours or less

Final Thoughts

BetMGM is one of the best options for anyone looking to join a new sportsbook. The site has an excellent reputation and is licensed in multiple states, making it extremely accessible and easy to trust. Compared to other betting sites we’ve tested, BetMGM offers consistently great odds, especially on the NBA and NFL, so it’s excellent if you’re looking to get the best value. Not only that, but the excellent welcome offer, regular promotions, and easy-to-use betting interface make it well worth your time.

Quick Facts

Promo codeNone needed – claim today
Welcome bonusRisk-free bet worth up to $1000. Your first bet is refunded if it loses.
Bonus termsThe refunded stake is paid in up to five bonus bets, worth up to $1000, which can be used to bet on any event.
Best featureGreat odds on lots of big games
Minimum deposit$10
Payout timeUp to five working days
Mobile appiOS and Android
Legal in statesAZ, CO, DC, IL, IN, IA, KS, LA, MD, MA, MI, MS, NJ, NY, OH, NV, PA, TN, VA, WV, WY
Live bettingYes
Early cash outYes
Same-game parlaysYes
Live streamingYes

Pros

  • Great site that’s easy to use
  • Huge range of sports and markets
  • Great odds on the NBA and NFL
  • Excellent live streaming options

Cons

  • Slow to process some withdrawal requests
  • No odds boost offers

BetMGM FAQ

Is BetMGM safe to use?

BetMGM is incredibly safe to use. It’s one of the most popular sportsbooks in the US and is licensed in multiple states. The site’s parent company has an excellent reputation for fairness and safety, and it has great reviews from bettors and review experts.

How do I sign up to BetMGM?

You can join BetMGM very easily by downloading the app or visiting the site and entering your personal details. The sportsbook welcomes all users over the age of 21, provided you’re in a state where it’s licensed.

Can I use BetMGM on my mobile?

Yes, BetMGM is fully accessible on mobile devices, including iOS and Android. You can access the site on your mobile browser, but we recommend downloading the app for the best possible betting experience. The BetMGM is incredibly easy to use and offers all the same sports, markets, bonuses, and live streams.

Are there bonuses for me to claim at BetMGM?

BetMGM has some excellent bonuses for you to make the most of, including a welcome offer worth up to $1000. Claiming this offer is as simple as signing up and placing your first bet. If it loses, you’ll get your stake refunded. There are plenty of other regular promotions too, including a refer a friend bonus.

Does BetMGM have live streaming sports?

BetMGM offers live streams on lots of sporting events, including the NBA and MLB. You can access these streams simply by opening up an account, and they’re completely free.

How long do I have to wait for my withdrawal at BetMGM?

BetMGM aims to process all withdrawal requests within five working days. In most cases, you won’t have to wait more than two days, though the payment method you choose can affect how long it takes to receive your money.

Author

Tom Edlin is a senior author and contributor to SportsbookPromo.com. He's been writing and reporting on the US sports betting industry for years and has crafted hundreds of in-depth reviews and guides.

Chris Williams is a senior editor and fact checker at SportsbookPromo.com. He's been active within the US sports betting industry for over five years and has edited and fact checked hundreds of articles.