- How old do you have to be to bet online at BetMGM? In all states with regulated online gambling, you must be at least 21 years old to place a bet with BetMGM.
- Can I bet on college sports on BetMGM? Yes. If college sports are legal in the state from which you plan on making your bet, then BetMGM will probably run a line on them. This is of course dependent on the specifics of the event, but BetMGM do not have a company policy against taking bets on college sports.
- Is there a mobile BetMGM app? Yes. BetMGM has a mobile sports betting app in all of the states in which it operates that also allows online sports betting. In some states, it also provides casino and poker apps as well.
- How do I report a problem with BetMGM to regulators? Before going to the regulator, it is best to contact BetMGM directly. If BetMGM’s customer service representatives are unable to help you, you can contact the regulators directly. First, check what entity regulates BetMGM in your state (this information appears in the small text at the bottom of the BetMGM website). Each regulator has different contact details or ways to report companies. If you need help look for the “Contact Us” page on the regulator’s site and try to find a general email or a department that uses a keyword like “compliance”, “complaints”, or “oversight.” These tend to be the relevant departments that handle investigations and reports from the public.
- Does BetMGM allow me to bet on credit? No. However, while BetMGM does not provide its standard customers with lines of credit the company does allow players to deposit using credit cards in most states.
BetMGM vs. FanDuel Sportsbook
|Selection of Sports|
BetMGM and FanDuel both represent top-tier online sports betting brands. Each mobile sports betting app scores the highest marks in just about every category.
Both platforms are available in just about all states with legal online sports betting. FanDuel and BetMGM each offers the full array of sports and betting types.
The deadlock continues in the welcome bonus category, with both online sportsbooks greeting new players with a risk-free bet up to $1,000.
BetMGM and FanDuel Sportsbook also both boast a highly-rated mobile app, with both Android and Apple iOS users giving top scores for each.
What Makes the BetMGM Sportsbook Stand Out?
Too big to fail
MGM Resorts Brand and Entain Holdings back BetMGM. These vast, highly diversified, multinational companies provide some peace of mind to players. Players can feel sure their funds are secure, and company practices are fair.
The stakes for a company like this in reputational damage or difficulties are enormous. So BetMGM’s team is motivated to provide fair play and good service.
The scale of the companies also means that BetMGM can afford to lay on high-quality customer service, make deals with payment providers, and provide excellent promotional deals. This brings us nicely to our next point.
BetMGM’s offers and promotions
Your mileage may vary from market to market, but the BetMGM sportsbook has a reputation for high-quality offers and promotions. Both in terms of regular deals for their current customers and sign-up bonuses.
Because of the company’s relationship with MGM Resorts, BetMGM also provides promotions that tie in with the MGM integrated resorts in Vegas and across the U.S.
At the time of writing, BetMGM offers a $1,000 free bet in many states and a free $10 bet at 20-1 on NBA 3-pointers.
The $1,000 free bet does not require clearance requirements. (However, if the player loses, their rebate is in free bets that the player must place within 7-days of receipt.)
These deals can stretch a recreational gambler’s budget nicely and pad out the profits of a pro.
Strong gambling verticals
Unlike some sportsbooks, the BetMGM app has an online casino and online poker app where those services are legal and regulated.
Having an account with BetMGM is, therefore, a good option for customers who want to play table games, slots, or poker online and can easily move between those spaces. The integration with land-based properties also shines here, with BetMGM users able to easily move between online and retail.
How Do I Sign Up At BetMGM?
To sign up with the BetMGM Sportsbook, go to the BetMGM website and select the state you will be betting from in the grid. Your device must be physically in the state as the site uses geolocation data from your device to determine if you are betting where you claim to be.
You then need to find the “sign up” button in the top right-hand corner, which will bring up a form.
Fill the form in with details like name, date of birth, and email. Next, you’ll need to select your User ID, create a password, and enter the last four digits of your social security number. Last but not least, the form will need your home address and phone number.
You will then need to confirm you are of gambling age and you’re all ready to deposit and bet.
For security and due diligence reasons, the company will probably require you to provide proof of your identity and address before you can cash out.
Why Should I Trust The BetMGM Sportsbook?
Who regulates BetMGM?
BetMGM is regulated separately by each state in which it operates. For example, the Pennsylvania Gaming Control Board in P.A., the New York State Gaming Commission in N.Y., and the Iowa Racing and Gaming Commission in I.A.
You can check the specific regulator in your state in the small print at the bottom of the BetMGM website.
Where players have complaints that they cannot resolve with BetMGM’s customer service departments, they can contact the relevant regulating body to take things further.
In many of the states in which BetMGM operates (for example, Ontario), independent labs test the app to ensure fairness.
Why should I trust BetMGM?
The main two motivations keeping gambling companies in line are regulatory enforcement and reputational damage.
Companies like BetMGM are only allowed to operate in regulated markets by the grace of the regulatory bodies. As a result, BetMGM is heavily motivated to keep its nose clean with the authorities. Moreover, the company’s ability to carry out its business is dependent on the regulators renewing its license. As a result, companies in regulated markets tend to exercise an abundance of caution to avoid serious complaints.
The other issue is reputational risk. The enormous market of U.S. sports betting has many options for customers. Therefore, companies in this space need to maintain a good reputation for everything from smooth cashouts, paying out winning bets, and ensuring fair lines and games.
How do I get paid if I win on BetMGM?
To cash out, head to “My Account” in the upper right corner of the page and then go to the Cashier page, where you select the Withdrawal tab and click your preferred method of withdrawal.
The allowed methods may vary a little from state to state, but they include debit and credit cards, prepaid cards, e-wallets (like Paypal and Venmo), bank transfers, and even cheques in some states.
What Company Is Behind the BetMGM Sportsbook?
The BetMGM Sportsbook is the flagship sportsbook product for BetMGM, a U.S.-based joint venture between MGM Resorts and Entain Holdings. While BetMGM only operates in the U.S. at the moment, both of its parent companies are international corporations.
BetMGM is an LLC owned 50/50 by its parents. As such, it is not publicly traded.
Entain Holdings operates several brands, including the Ladbrokes and Coral sportsbooks and casinos in Europe and the International market. The company also owns partypoker, one of the biggest online poker sites in the world.
MGM Resorts operate 30 casinos and integrated resorts across the U.S., including the iconic Bellagio, ARIA, and Mirage in Vegas.
The expectation is that BetMGM may use Entain’s overseas expertise to expand beyond the U.S.
For regulatory reasons, BetMGM operates in partnership with numerous other companies for a state to license an online gambling operator. For example, in providing sportsbook services to Pennsylvania, BetMGM operates the site “on behalf of” the Mountainview Thoroughbred Racing Association.
BetMGM has only been in the U.S. online sportsbook market since 2018, but after a slow start, the company is one of the biggest operators in the market. In Q3 of 2021, it surpassed its goal of 25% market share, hitting a little over $200 million (26% market share) in revenue.
It was surpassed only by a FanDuel and only by a small margin (about $30 million in revenue).
In October 2018, Adam Greenblatt was brought on board as CEO to establish BetMGM in the U.S. gaming market. Greenblatt has a long history in the industry, having worked at LadbrokesCoral before Entain purchased it. He moved up to director of corporate development and strategy at Entain Holdings and now runs BetMGM LLC.
BetMGM’s CRO is Matt Prevost, who worked at Coral in Gibraltar. The CFO is Gary Deutsch, who has a wide range of experience from New York marketing firms to Disney.
BetMGM Legal and Regulated Online Sports Betting Markets
These are the states and territories of the U.S. in which BetMGM’s online sportsbook is available, regulated, and operates legally.
- New Jersey
- New York
- Puerto Rico
- West Virginia
BetMGM also operates retail locations in most of these states and several other states where retail sports betting is legal but online sports betting is not.
AZ, CO, IA, IL, IN, LA, MI, NJ, NV, NY, PA, TN, VA, WV, WY