BetMGM Sportsbook Bonus Code & Sportsbook Review 2021

$1,000 Risk-Free Bet
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BetMGM is one of the biggest operators in the US, and it is aggressively expanding into states as more legalize sports betting. The company’s revenue is expected to surpass $1 billion by the end of 2022, and it consistently ranks in the top three most popular sports betting apps across the country.

Sports bettors can expect an extremely reliable app, lucrative promotions, and some of the best special features in sports betting, including 40% parlay profit boosts and integrated live streaming. And that’s on top of a nice welcome bonus for new members.

Competitive odds
Strong App
$1,000 Risk-Free Bet

BetMGM Sportsbook is available in most states with legal online sports betting. While it first became available in New Jersey in 2018 to offer in-person betting at Borgata in Atlantic City and online sports betting across the state, it’s now also licensed in:

New Player Bonuses At BetMGM Online Sportsbook

  • Get up to a $1,000 risk-free bet after you sign up for a new account with the promo code SHARP: CLAIM HERE
  • If your bet loses, you will receive your refund in free bets within 24 hours of the bet’s settlement. The free bets must be used within seven days of receipt.
BetMGM Sportsbook Promo CodeSHARP
BetMGM Sportsbook Risk-Free Bet$1,000
Terms And Conditions Available?Yes
BetMGM Sportsbook: Available StatesAZ, CO, IN, IL, IA, MI, NJ, NV, PA, TN, WV, VA, DC, WY
Compatible With Apple + Android Devices?Yes
Promo Code Last TestedOctober 2021

BetMGM Promo Code Comparison

BetMGM Online Sportsbook comes through with a very strong $1,000 risk-free first bet bonus for first-time customers. 

Compared to the competition, BetMGM Sportsbook is right up there among the best. FanDuel has essentially the same offer with a $1,000 risk-free bet, but the T&Cs are a bit different. At BetMGM, a lost bet is refunded as free bets in 20% increments unless it’s $49 or less, which is refunded as a single free bet. At FanDuel, a lost bet is refunded in site credits, which is a bit better in terms of betting freedom.

But PointsBet offers two risk-free bets up to $2,000, which is twice the BetMGM offer. And DraftKings matches your first deposit by 20% up to $1,000 while BetRivers matches first deposits by 100% up to $250. Some bettors prefer deposit bonuses to risk-free bets.

BetMGM Vs. FanDuel & DraftKings

In terms of the odds and market depth at BetMGM Sportsbook, it’s about equal to FanDuel and DraftKings. The three titans of online sports betting compete head-to-head to offer the best odds. Sports bettors that shop around for the best odds are smart to join all three and then some.

Not only does BetMGM have great odds, but it also offers some of the most exciting promotions. The Parlay Plus deal boosts parlay profits up to 40%. Other deals include parlay insurance, big odds boosters, and free-to-play pick’em prize pool tournaments.

Plus, BetMGM 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 for bettors.

BetMGM also makes a point to offer state-specific deals. For example, BetMGM Michigan offered Detroit Lions merchandise for placing certain bets during the 2021-22 NFL Season.

Where BetMGM Online Sportsbook Gets It Right

All-In-One Gambling App

BetMGM Sportsbook took some tips from its partner in Borgata Casino and added online casino games to the app and website. BetMGM Poker is also available in select states.

BetMGM Casino and BetMGM Poker are available in New Jersey, Michigan, Pennsylvania, and West Virginia. In addition to traditional games like blackjack, poker, and roulette, BetMGM has live dealer games 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. The sportsbook really does have it all, including a near-perfect App Store rating. It also has the most online casino games in Michigan out of all online casinos in the state, providing the biggest variety of both casino games and sports betting options. Still, it could improve in one key area:

More Unique Sportsbook Promotions

BetMGM Sportsbook offers a consistent selection of bonus offers that almost exclusively cover parlay betting. If you don’t place parlay wagers, you’ll be pretty limited by the deals. This is a massive sports betting brand, especially considering it’s owned by MGM Resorts. A bigger variety of promotions would take the platform up a notch, especially the ones that focus on single-bet wagers.

Deposit Options

The following deposit methods are available at BetMGM in most states:

  • Credit card: MasterCard, Visa, AmEx (not available in Iowa)
  • Debit Card
  • PayPal
  • Skrill
  • Online Bank Transfer
  • PayNearMe
  • BetMGM Play+ Card
  • Cash at partnering casino’s cashier

We do not recommend using a credit card for depositing at an online sportsbook. The deposit is usually considered cash, which means you’re charged cash advance fees and APR.

    Withdrawal Options

    BetMGM offers the following cashout methods in most states:

    • PayPal
    • Skrill
    • Online Bank Transfer
    • BetMGM Play+ Card
    • Check by mail (high minimums)
    • Cash at partnering casino’s cashier

    Who Will Enjoy BetMGM Online Sportsbook?

    BetMGM Sportsbook is going to appeal to plenty of bettors. Both newcomers and veteran gamblers will find plenty to enjoy, from the massive selection of sports and types of bets to the promotions. Also, if you place parlay wagers, even just two-leg parlays, this is the perfect online sportsbook for you.

    The BetMGM rewards program (iRewards) can be connected to the MGM Resorts M Life Rewards program. That means you can earn loyalty points by betting both online and in-person. MGM has properties in Las Vegas, Atlantic City, and many other locations across the US, including MGM National Harbor in the DC area, MGM Grand Detroit in Michigan, and MGM Springfield in Massachusetts.

    Plus, BetMGM is in most states with online betting. While a platform like PointsBet or Barstool Sportsbook may appeal to you more, there’s a decent chance it’s not licensed in your state. BetMGM is even licensed in areas with a limited selection of sportsbook apps, like Wyoming, Illinois, and Washington, DC.

    About the Author

    Mike Epifani

    Mike Epifani (shown here at Caesar's Palace Las Vegas) is an experienced online gambling writer who specializes in online casinos and sports betting sites. From the nuances of bonus offers to winning strategies and beyond, his insights have helped countless remote bettors keep more of their money while having fun and staying safe.