BetMGM
3.3

BetMGM

First Bet Offer Up To $1500

BetMGM Sportsbook Welcome Offers Halted in the state of NY! But Available In NJ.
SBNY » BetMGM
Pros
  • Super-slick website and app
  • Cash out and Edit My Bet
  • Live streaming
  • Comprehensive live betting channel
  • Excellent odds in many markets
Cons
  • Welcome Offers Halted in the state of NY
  • Minimal player props
  • Contacting customer support requires patience

BetMGM has established itself as one of the most professional sportsbooks in the US, offering quality sports betting services in New York.

A Comprehensive Look at One of New York’s Biggest Betting Providers

BetMGM makes for an intriguing option in the New York sports betting market. A renowned name across the USA for its’ casino properties, BetMGM has made the leap as an online sportsbook courtesy of European firm Entain.

BetMGM’s website and the app simply feel more professional and comprehensive than the efforts of many of their rivals, which is surely a result of tapping into Entain’s wealth of experience in the field.

New customers of BetMGM Sportsbook in New York have access to quality promotions, including a Refer-a-Friend deal and rewards program. Earn rewards points with betting activity and redeem points that you earn to unlock benefits including hotel stays, dining, and more via MGM properties.

When it comes to the actual betting options, BetMGM is one of the tops in the industry. With low vig averaging around 4.5% in many markets comes generous odds, and aside from a lack of player props, it’s difficult to pick holes in BetMGM’s offerings at all. Moreover, this is a sportsbook that you can trust with complete certainty.

Welcome Bonuses

BetMGM provides new members of its’ sportsbook in New York with several incentives. Promotions change regularly, so new and existing members have new ways to build a bigger bankroll or take advantage of extras.

BetMGM is currently offering a new customer offer that can grant up to a $150 When you place a bet of $5.

betMGM bet $5 get $150

How to Claim a Welcome Offer from BetMGM

  • To utilize the promotion, log in to your BetMGM account.
  • The new account holder must then make their first deposit
  • To receive the extent of the bonus, you must wager $5 for your first bet
  • You’ll score $150 in Bonus Bets instantly, regardless of your wager’s outcome!

Other Promotions & Offers

There are currently no other promotions or offers at BetMGM at this time. However, this can easily change. Site members should check the promotions page regularly once logged in to see available offers.

betmgm promotions

Keep in mind that BetMGM does provide a comprehensive rewards program. Members earn reward points with wagering. The points can then be used for room rates at MGM properties, restaurants, and other rewards.

Withdrawals, Deposits & Payments Methods

There is a large collection of banking methods at BetMGM NY that can be used to fund your account at BetMGM, with more payment methods than you would find at many of their rivals:

BetMGM payment methods
  • American Express
  • Visa
  • Mastercard
  • Online banking
  • Play+ card
  • ACH e-check
  • PayPal
  • Skrill
  • PayNearMe
  • Bill Pay
  • BetMGM Gift Card

Those options detailed above are the deposit methods available and as far as withdrawals are concerned, you can use Play+, PayPal, VIP Preferred eCheck, Skrill, online banking, and check by mail.

The time to process a withdrawal depends upon your chosen method, with eWallets such as PayPal, Skrill, Visa and Pay+ processed within 24 hours and bank transfers in 2-4 days.

The minimum withdrawal is $10 across the board ($50 for check by mail) and there are no fees charged for payments made into and out of your account. The maximum amount you can wager is $1,000 (without prior permission) and the maximum you can withdraw depends on the payment method used. For example, it’s up to $25,000 per transaction for online banking, $10,000 for debit/credit cards, and so on.

To make a payment, you must visit the cashier section of your dashboard via the website or app. You’ll see both deposit and withdrawal options listed there, and then all you need to do is choose the amount and your payment method.

One of the unique things about BetMGM is that they use a single wallet system, which means you can use one bankroll to power your sports betting, online casino gaming, and poker play. That’s a handy advantage.

How to Register at BetMGM Sportsbook

BetMGM account creation screenshot
  • Visit BetMGM Sportsbook and click the Register button at the top right of the desktop or app.
  • Create a password for your new account.
  • Enter your name, last four digits of your social security number, birthday, mobile telephone number, and address.
  • Agree to terms and conditions and enter any bonus code you may have at this time.
  • Click create an account, and you are all set!

BetMGM Sports Betting User Experience

While some US sportsbooks focus predominantly on key American sports, BetMGM has more of a global feel and offers equal time to popular sports abroad.

For example, there is plenty of the homepage devoted to soccer around the world. At the same time, the ‘top tier’ of sports that are featured on the main vertical menu include rugby, golf, and boxing, alongside football, baseball, basketball, and hockey. You can easily find whatever you are looking for from the desktop home page.

Other sports that are featured on BetMGM include:

  • Boxing
  • Formula One
  • Table tennis
  • Cricket
  • Cycling
  • Darts
  • Handball
  • Snooker
  • Tennis

All the key betting markets exist on BetMGM Sportsbook, with dozens of options available that include the top sports, sports leagues from around the globe, and more niche offerings. There’s the usual trio of game lines, but BetMGM offers you alternatives from the main moneyline, spread, and total line at higher or lower odds – allowing you to find your value plays more easily.

If we look at the NBA and NFL specifically, here are some of the other bet types available:

  • Three-Way (home win, tie, away win)
  • Grouped Points Totals
  • Winning Margin
  • Quarter/Half Betting
  • Race to 5/15/25 Points etc
  • Futures – Super Bowl, NBA Championship, MVP, Conference Winner, etc

One drawback to BetMGM is that they don’t offer many player props markets. However, there is a way to get around this. BetMGM’s One Game Parlay lets you combine the traditional lines with player props, for example Over 48.5 Points, Bucs -5.5, Tom Brady 350+ passing yards.

There’s a selection of other sportsbook features that showcase BetMGM as a premier player in the field. Cash out is as exactly as the name suggests, enabling you to lock in a profit if you think your wager is about to take a turn for the worse or cut your losses if your bet selections are underperforming.

With cash out available, you can also take advantage of the Edit My Bet feature. This enables you to remove legs from your parlay even after they have gone live. This cuts adrift those that look like they might lose. You can even add new selections to your coupon or increase your stake if you are feeling particularly bullish about your picks.

Another feature we must mention in this BetMGM NY review is live streaming, which is widely available across several sports. You can watch tennis, soccer, basketball, hockey, and much more while placing your in-play wagers simultaneously.

The live betting channel at BetMGM is one of the most comprehensive we have seen at a US sportsbook. They cover both major and minor sporting events from around the world, around the clock, with a wide range of markets to back and odds changing by the second to reflect the action.  

Many bettors are price-sensitive and we would describe BetMGM as being a mid-table performer as far as their odds are concerned. They are amongst the best priced for the game lines in the NFL, with low vigorish across the board ensuring they are one of the best value books for your football bets.

For other sports, as mentioned, BetMGM sits somewhere in the middle of those offering industry-leading prices and those who are implementing the highest juice on their odds.

While the predominantly white-and-gray color palette could use a burst of brightness to help differentiate different sections of the sportsbook, BetMGM has taken the time to implement a simple horizontal menu of sports across the top of the screen. This makes finding markets and events so much easier than scrolling vertically, as is the case at many other betting sites.

In combination with the ease of navigating the main home page, the generous portion of live betting options and some unique features like Edit My Bet confirms BetMGM as delivering one of the strongest sportsbook platforms on US soil.

BetMGM Mobile

If you are a fan of browser-led betting, you’ll be happy to hear that BetMGM is readily available via Apple and Android devices. The good news is that the site can resize for smaller screens, so you will feel comfortable wagering right away.

For a dedicated option, you can download the BetMGM app, which is available across the iOS and Android platforms. Intuitively designed, the app features the same horizontal menu system as the main website, making the process of finding bets much less complex.

All the usual betting options are available via the app, as are the features we have already pointed out. These include premature Cash Out, Edit My Bet, live streaming, and more. There are no differences to speak of when it comes to transactions being made between the desktop site and mobile app with the same deposit and withdrawal limits applying. You can also claim the welcome bonus directly through the app if you prefer.

BetMGM possesses one of the best betting apps we have reviewed, boasting a 4.8 out of 5 star rating in the App Store. You can download the app by heading to the App Store or Google Play Store and searching for BetMGM.

Legal and Licensed

BetMGM has a huge level of coverage across the United States, with the site live in states ranging from Arizona to Wyoming and Colorado to West Virginia. In New York, BetMGM was one of the first license holders in the state.

As part of MGM Resorts International, BetMGM is one of the most recognized names in online sports betting within the United States. Players have access to secure gaming services, with data encryption and additional tech support to ensure that all player data is safe and protected.

Customer Support

Support is a little tricky to connect with at BetMGM Sportsbook in New York. Click on your account and choose the support option. From there, you are taken to the Help Center. Click on a topic and see if you can find the answer to your question listed in the FAQs. If you need more help, scroll down and click ‘Yes’ for more help.

This brings up the live chat option and email. Click either of the options to get started. We recommend live chat for the quickest and most efficient form of contact. You can also call the support telephone line from 12pm to 8pm eastern time at (212) 574-8233.

BetMGM Vig

To make the best-informed decision on who to bet with, it also helps to know the ‘vig’, also called vigorish or juice, that a sportsbook adds to their odds. This is essentially the commission the bookmaker takes on bets for each market, so the lower the figure, the better it is for you. It’s the easiest way to make sure you’re getting the best value prices on your bets as it affects the odds and, ultimately, your winnings.

BetMGM leads the New York betting scene alongside DraftKings, FanDuel, Caesars, PointsBet, and others. We wanted to see how their juice stacks up against those four named brands.

So, here’s the answer. We’ve ranked BetMGM from first (the lowest vig) to fifth (the highest) to show you what to expect:

  • NBA Moneyline: 4th
  • NBA Spread: Tied 1st
  • NBA Total Points: Tied 1st
  • NFL Moneyline: 2nd
  • NFL Spread: Tied 1st
  • NFL Total Points: Tied 2nd
  • NHL Moneyline: Tied 2nd
  • NHL Spread: 4th
  • NHL Total Points: 4th

A Massive Brand Offering Huge Choice

Across the United States, BetMGM has become synonymous with online sports betting. The brand has captured a massive percentage of the market share in several states and is a top choice for sports fans who want to place a quick bet or wager on live games.

The brand offers everything a sports bettor needs, from an easy-to-navigate site and app to competitive odds, promotions, and a quality rewards program. New players, as well as seasoned bettors, can certainly benefit from the overall services provided by BetMGM.  

Summary

One of the most well-known names in gambling on US soil, it’s a major boost for players that BetMGM has developed a website and app that is amongst the best in class.

The creative input of Entain has clearly worked wonders, and that European approach has led to the firm offering several unique features, with Edit My Bet and customizable cash out among them.

Bettors who like to dip into the live markets that may have been disappointed by other New York sportsbooks will be satisfied with BetMGM, who offer a comprehensive in-play wagering channel. That is bolstered by live streaming too, which enables you to watch and wager for the ultimate betting experience.

There’s no doubt that an absence of comprehensive player props markets hurts BetMGM, but when you consider they offer industry-leading odds for some of the major game lines, there is a balance to the critique.

If you are new to sports betting in New York, BetMGM comes heartily recommended as an excellent starting point for your journey.

Responsible Gambling

BetMGM allows its customers to use several tools to ensure that gambling remains safe and fun.

You can set your own deposit limits to help stay in control and implement further limits on your bet amounts and the amount of time you are spending on site. These can be changed across a daily, weekly, and monthly timeframe.

You can also take a time out or self-exclude from BetMGM Sportsbook.

The BetMGM website contains links to several useful organizations as well, so there are plenty of different resources available to help you. The New York Problem Gambling service can be accessed here, along with the self-exclusion program in the state for players who want to take a break.

FAQS

How do I verify my BetMGM account?

If you’re asked to verify your BetMGM account, you will need to upload a copy of a form of I.D. (passport, driver’s license, etc) and/or proof of address (bank statement, utility bill, etc).

Can I claim my welcome bonus via the BetMGM app?

Yes. All of the functionality of the main BetMGM website is available on the app, including the claiming of bonuses and promotions.

Do I need an I.D. for my first withdrawal?

To comply with their licensing requirements, BetMGM asks for a copy of photo I.D. as proof of age and identity.

Do I have to pay withdrawal fees at BetMGM?

BetMGM does not charge fees on withdrawals or deposits, but note that your payment provider may charge a fee for processing a transaction.  

How do I set limits on my BetMGM account?

You can set limits by accessing the responsible gaming section of your dashboard.

How secure is BetMGM?

BetMGM has implemented a range of security protocols. These include best-in-class algorithms and firewalls, TLS1.2 and SSL encryption, and for card transactions, the additional measures implemented by Visa, Mastercard and other payment processors.

How does BetMGM identify my location?

BetMGM identifies the location of their players using a range of different technologies, including IP addresses or the GPS settings on your mobile device.

BetMGM Details

Deposit Methods:
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Devices:
3.3 rating
Top Sportsbooks 2023
5.0 rating
Bet $5 Get $150 in Bonus Bets
If Your Bet Wins
4.3 rating
Get Up To $100
In Bonus Bets!
Bonus Code: Sports
3.3 rating
First Bet Offer Up To $1500

BetMGM Sportsbook Welcome Offers Halted in the state of NY! But Available In NJ.
4.8 rating
Bet $50
Get Up To $1000 Back In Bonus Bets
On Caesars
4.5 rating
Bet $5, Get $150 in Bonus Bets
BetMGM
3.3 rating
3.3/5