BetMGM Sportsbook – $500 Risk-Free Bet With Bonus Code

BetMGM Sportsbook has been available in New Jersey since 2018 and offers in-person and online sports betting. BetMGM is partnered with Borgata Hotel & Casino in Atlantic City. 

Not only does BetMGM Sportsbook do business in New Jersey, it is also now licensed in Colorado, Indiana, and West Virginia.

The company is likely to obtain more locations as sports betting becomes more prevalent in different states in the United States. These new locations could very well be Massachusetts, Michigan, Mississippi, Ohio, or Tennessee

In 2019, BetMGM NJ had the third highest revenue in the state at brick-and-mortar locations ($5.4 million) and the fifth highest revenue in the state for online wagering ($5 million). That’s not a bad year for the company.

The numbers were similar in early 2020 before the coronavirus outbreak, with BetMGM NJ ranking third highest in brick-and-mortar revenue ($405,000) and fourth highest in online revenue ($3.5 million). 

New Player Bonuses At BetMGM Online Sportsbook

  • Get up to a $500 risk-free bet after you sign up for a new account with the promo code PLAYBONUS.
  • If your bet loses, you will receive your refund within 24 hours of the bet’s settlement. The free bet credit must be used within seven days.
BetMGM Sportsbook Promo CodePLAYBONUS
BetMGM Sportsbook Risk-Free Bet$500
Terms And Conditions Available?Yes
BetMGM Sportsbook: Available StatesNew Jersey, Colorado, Indiana, and West Virginia
Compatible With Apple + Android Devices?Yes
Promo Code Last TestedJuly 2020

Promo Code Comparison

BetMGM Online Sportsbook comes through with a very strong $500 deposit bonus for first-time customers. They can get up to that amount matched on their first deposit.

Compared to the competition, BetMGM Sportsbook is right up there amongst some of the best. Only DraftKings and BetAmerica have higher bonuses of up to $1,000 in site credit.

In terms of the pricing margins on BetMGM Sportsbook, they aren’t much different from the average line you’ll find in the marketplace. In fact, the margins are actually slightly below the middle.

This is good news for bettors, knowing that they won’t be taken advantage of on margins. Bettors can certainly put their faith in BetMGM and won’t have to search far for the fairest pricing out there. 

Not only does BetMGM have a great relationship with its customers, but it also has some great offers in partnership with other businesses. Buffalo Wild Wings and Yahoo! Sports often combine to make daily and weekly partnerships with BetMGM to offer odds boosts and different specials that customers can benefit from. 

What is great about bonus money at BetMGM is that you don’t need to win a ton of money in order to withdraw the funds. Many other sites make you win about 3x or 6x as much money as the amount you received in order to finally take that money and withdraw it into your account. 

Where BetMGM Online Sportsbook Gets It Right

Plenty Of Casino Options In Addition To Sportsbook

BetMGM Sportsbook took some tips from its partner in Borgata Casino and added online casino games to the app and website. In addition to traditional games like blackjack, poker, and roulette, BetMGM has live editions with real dealers for a true casino atmosphere. There are also plenty of video slots and other interesting games that bettors can try their luck at.

Huge Variety Of Sports Betting Options

BetMGM has literally every sport on the planet to bet on. Customers are going to love the number of sports that are available. Even during the coronavirus sports cancellations in the US, players were able to bet on Taiwanese baseball and Russian ping pong. 

User Friendly App And Website

The mobile app and website are very simple and easy to navigate. Some folks may like the snazzy neon-colored schemes and menus.

At the top left-hand side of the mobile app and website, you’ll find all of the sports listed that you can bet on. In addition, there is an “A-Z” menu at the bottom of the list on the left-hand side.

Where BetMGM Online Sportsbook Can Improve

When looking at BetMGM Sportsbook, there aren’t a lot of things it could be doing differently for customers. After all, it seems like the sportsbook’s main focus is on customer appreciation. 

More Appealing Graphics

Some people might argue that the website and mobile app could use more visually appealing graphics (as opposed to the current heavy text-based platform). However, seasoned veterans and old timers of the betting industry would tell you that’s a bunch of malarkey.

Keeping the graphics simple and clean has its advantages more often than not. This allows bettors to focus more on the task at hand – winning money – and not get distracted by fancy visuals that could hinder their focus.

Deposit Options

The following deposit methods are available in New Jersey, West Virginia, Indiana, and Colorado:

  • Credit card: Mastercard, Visa Or American Express
  • VIP Preferred
  • PayNearMe

New Jersey players may also deposit using:

  • Retail Casino Cashier
  • ACH e-Check
  • BetMGM Online Play+
  • Online Banking Transfer
  • PayPal
  • Skrill

Withdrawal Options

  • Retail Casino Cashier
  • ACH e-Check
  • BetMGM Online Play+
  • Check By Mail
  • PayPal
  • Skrill

Who Will Enjoy BetMGM Online Sportsbook

BetMGM Sportsbook is going to appeal to plenty of bettors, but it’s not likely that one particular group will love it more than others. Perhaps that’s why we see this company with middle-of-the-road figures in revenue.

One thing that definitely appeals to bettors for BetMGM Sportsbook is that it is located in the popular Borgata Casino in Atlantic City. This is one of the greatest casinos in town, making it a popular destination. In fact, it’s no coincidence that BetMGM ranks higher amongst its competitors in retail revenue as opposed to its online numbers.