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BetMGM Sportsbook Review​

Bonus code: PLAYBONUS

The BetMGM Sportsbook is potentially one of the best sportsbooks around. With a wide variety of sports to choose from and a good New Customer Offer, players are certainly in for a good time. Offering parlays and great odds compared to many other sportsbooks, BetMGM Sportsbook is well worth spending time on. 

Overall rating

Bonuses & Promotions

Deposit & Withdrawal Speed

Betting Markets

Mobile Experience

Customer Service

Overall Rating

BetMGM

MOST POPULAR SPORTSBOOK
$1,000 Risk-Free Bet Bonus Offer

Bonus Code

PLAYBONUS

Welcome Bonus Offer

Risk-free bet up to $1,000

Bonus Valid

March 2022

New Jersey Partner

Borgata Hotel Casino

Online Since

2019

BetMGM Sportsbook’s Pros & Cons

BetMGM sportsbook, as with any sportsbook, has some pros and cons. These include:

Pros

Cons

BetMGM Bonus offer details

Bonus code PLAYBONUS
Welcome bonus offer
Risk-free bet up to $1,000
Bonus valid
February 2022
New Jersey partner
Borgata Hotel Casino
Online since
June 2019
Accepted payment methods
Visa, Mastercard, ACH, Discover, Online Banking, Instant Bank Transfer, PayPal, Play+, PayNearMe.

Overall Experience

The BetMGM sportsbook NJ is a very good sportsbook. With a great online atmosphere and good customer service, the app is one to watch out for. Cashing out is relatively easy thanks to the wide range of available options. With a reasonable number of promotions and many different sports to bet on, it’s no wonder most BetMGM reviews are very positive.

Players can expect to enjoy multiple chances to bet on local and national games. With many different betting options available and some very happy players, BetMGM is here to stay.

BetMGM Bonuses & Promotions

At the time of writing (February 2022), the following bonuses and promotions were offered by BetMGM Sportsbook:

New Customer Offer

New players will have the opportunity to place a bet that’s risk-free and worth up to $1,000. Players need to make a deposit into their accounts and place their first wager. If the players lose their first bet, the amount of money they wagered will be returned to their accounts.

Refer a Friend

Players can refer a friend and they will both receive a $50 cash bonus. A player simply needs to ask their friend to open a BetMGM account and wager at least $50. As soon as the friend has wagered $50, both parties will receive the $50 bonus.

Money Monday Club

Players need to opt-in to this club. Players need to have placed at least $50 of wagers the week before they opt-in. Once the wagers have been made and the players have opted in, they will receive a $10 free bet. The BetMGM free bet can be used on any game.

There seems to be a lack of bonuses and promotions available, which is somewhat disappointing. There are no BetMGM promo codes or VIP programs available to those who visit the sportsbook. Unfortunately, most of the bonuses and promotions are offered at the BetMGM casino.

Please note, the above promotions and bonuses may change from time to time.

BetMGM Deposits and Withdrawals

Method Processing Time Min. Deposit Max. Deposit Min. Withdrawal Max. Withdrawal Withdrawal Time (Once approved)
Visa Instant $10 No Information Available N/A N/A N/A
Mastercard Instant $10 No Information Available N/A N/A N/A
ACH Instant $10 No Information Available $20 No Information Available 2-4 Business Days
Discover Instant $10 No Information Available N/A N/A N/A
Online Banking Instant $10 No Limit $20 No Information Available 2-4 Business Days
Instant Bank Transfer Instant $10 No Information Available $20 No Information Available 2-4 Business Days
PayPal Instant $10 No Information Available $20 No Information Available Up To 24 Hours
Play+ Instant $10 No Limit $20 No Information Available Up To 24 Hours
PayNearMe 20 minutes $10 No Limit N/A N/A N/A

There do not seem to be any major issues associated with depositing and withdrawing money. All credit to BetMGM Sportsbook for this.

BetMGM’s sports betting markets

BetMGM offers every player the opportunity to place a bet on a wide range of sports. These include: Football, Bobsleigh, Skeleton, MMA, Cricket, Snooker, Boxing, Table Tennis, Cross Country Skiing, Formula 1, Tennis Curling, Table Tennis, Cycling, NASCAR, Darts, Basketball, Figure Skating, Baseball, Freestyle Skiing, Golf, Handball, Hockey, Lacrosse, Biathlon, Rugby Union, and Rugby League.

All credit to BetMGM Sportsbook for the wide variety of sports available. Most sports betting sites do not offer a range as wide as this. However, the above sports are not all that this sportsbook offers. Players also have the opportunity to place a bet on some virtual sports.

Software Company

BetMGM Sportsbook uses software provided by Playtech. This software company was founded in 1999 and is known to be a leader in the gambling industry. Some sportsbooks have more than one software provider. However, BetMGM seems to be happy with Playtech.

NJ Teams

layers can bet on almost every NJ team, apart from college teams, college bowl games, and events that take place at the Prudential Center in Newark or the Boardwalk Hall in Atlantic City. However, players can bet on the following New Jersey Teams:

The New Jersey Devils

The New Jersey Jackals

The Jersey Shore BlueClaws

The Trenton Thunder

The Somerset Patriots

Other US Teams

Players can bet on almost every other US team. This includes teams in the:

MLB

NHL

NBA

NFL

In other words, there is an almost endless list as to the games and teams that players can bet on. All credit to BetMGM Sportsbook for this. Not every sportsbook offers as many games as BetMGM. This is another area where this sportsbook seems to excel.

BetMGM Trust and Security

Is BetMGM legit? Yes. This online sportsbook is licensed by the New Jersey Division of Gaming Enforcement. This means that players can trust that this online sportsbook is legal and run ethically.

It is always worth spending time on a legal site as opposed to an illegal one.
Legally-run sites offer much more security, especially as each player’s money is kept separate from BetMGM’s accounts. Illegal sportsbooks may not have very high standards. In addition to this, there is always a risk that the player’s payment methods and data may not be kept safe

The BetMGM Sportsbook is legal in the following states:

State Launched
Arizona September 2021
Colorado May 2020
Indiana February 2020
Arizona September 2021
Arizona September 2021
Arizona September 2021

At the time of writing (February 2022), the states of Maryland and Illinois were scheduled to open their own BetMGM Sportsbook. The exact date of the releases is not yet known, however, it is thought that the sites will go live in 2022. There is also hope that a sportsbook will open in Ohio at some stage.

Licensed encryption

With the use of licensed encryption, BetMGM makes sure that every player’s data and identity documents are safe and secure. BetMGM always uses the latest licensed encryption, ensuring that every player can feel confident that the sportsbook is always safe to use.

Geolocation

Only those who are located in New Jersey can access the sportsbook. This is thanks to the use of geolocation. Anyone who is located outside of New Jersey will be unable to visit the New Jersey BetMGM Sportsbook. Anyone who manages to visit the sportsbook from outside of New Jersey could find that their account is suspended. This means they may lose money that they have deposited or won.

Two-step authentication

Players can opt to activate the two-step authentication feature, should they wish to. Those who opt for this feature will receive a PIN each time they want to log in. The PIN will be sent to their phone or email address.

Cashing out

Players have the opportunity to choose whether they would like to answer security questions before they cash out. This offers every player an extra level of protection.

Responsible Gaming

Every single player is encouraged to set themselves responsible gaming limits. Players can set themselves deposit, time, and spending limits. When players reach the limits that they have set, they will need to wait until the chosen time period has passed. Players can typically set daily, weekly, or monthly limits. Should a player wish to remove the limits, they will need to contact customer services

BetMGM Customer Service

When players spend time at the BetMGM New Jersey sportsbook, it’s likely that they will have a few queries. Here is where this particular sportsbook seems to excel. Players can contact the customer service team via the following options:

Telephone: 609-248-9531

Live chat

It is not clear when the telephone line is open; it is hoped that it would be open for 24 hours a day. However, having 3 available contact options is something that many online sportsbooks do not have. All credit to BetMGM for this.

Should players wish to reach out to customer services, they should receive a response to their email within 48 hours. Live chat is typically responded to within 20-30 minutes, as are telephone calls. These response times are standard and they may be affected during busy periods.

FAQ section

There is not an FAQ section as such, however, there is a “Help & Contact” page. Players who click on the icon located at the top of the home page will be presented with 11 different topics. These topics are:

Account details, registration & verification

Account access

Deposit

Geolocation

Promotions and bonuses

Sports betting rules

Casino

Withdrawal

Poker

Unable to play

Responsible

Each time a player clicks on one of the above options, they will be taken to a new menu. The menu displays a range of appropriate questions. Selecting the relevant question will take the player to an answer. Should they need any more help, the player can contact customer services. 

BetMGM Extra Features

BetMGM online betting offers players more than they think. In addition to being able to bet on almost every sport imaginable, players can also enjoy the following extra features:

In-Play console – The presentation of the in-play console is something that BetMGM Sportsbook seems to excel at. The console is very easy to read, and the odds are updated frequently.

Live streaming – Live streaming is available. Players simply need to select the event in question and click on it. They will then be given an option to view a live stream of their game. It is not clear what the minimum requirements for live streaming are.

Cash Out – Should a player wish to cash out, so they limit their losses, they can. Not every sportsbook offers this option.

Futures betting – Players can bet on future games, should they wish to. This allows players to choose who they think will win the championship, for example.

Live betting – All players are welcome to bet on live games. The odds will change as the game progresses. This can help to make the game even more exciting.

One game parlay – This is a feature that is not always found elsewhere; players are able to come up with a wager combination from the same game. For example, players can choose who will achieve a triple-double, the total points, and the result.

Every player can enjoy using the above extra features as and when they wish to. All credit to BetMGM Sportsbook for offering a good range of extra features.

BetMGM App Experience

The BetMGM app is available on both iOS and Android devices. It’s safe to say that the iOS app has received much better reviews than the Android app. This is likely to be because the iOS app was available before its Android equivalent.

When we compare the app to the desktop site, we find that there are many similarities.

All of the betting options that are available on the desktop site are also available on the apps

The apps are easy to use, and the interface is quite agreeable. While it takes more time to find the sports players want to bet on when using the app, the experience is quite good

The app is quite a bit slower than the desktop version, which can be a little frustrating at times

The special promotions offered on the app are the same as those on the website. For example, the NJ BetMGM promos are exactly the same

Should a New Jersey player wish to place a bet when they’re in another state, they can do so. However, if they’re in Washington, for example, they can only place a bet on the BetMGM Washington app. The good news is the player will not need to download another app. The app they have downloaded will work in every state.

Conclusion

The BetMGM Sportsbook is one that many other sportsbooks should endeavor to replicate. This sportsbook really does seem to have it all. What it lacks in bonuses and promotions, it makes up for in the availability of sports that players can bet on. With a great online atmosphere and a lot to offer every player, BetMGM is a sportsbook that all players should spend time on.

FAQ

The BetMGM sportsbook bonus code is PLAYBONUS. Players may need to enter this bonus code so that they can receive the bonus offer. The offer involves players having the opportunity to place a bet that’s risk-free and worth up to $1,000. Players need to make a deposit into their accounts and place their first wager. If the players lose their first bet, the amount of money they wagered will be returned to their accounts.

Yes. Bet MGM is licensed by the New Jersey Division of Gaming Enforcement. This means that players can trust that this online sportsbook is legal and run ethically. The New Jersey Division of Gaming Enforcement makes sure that all online gambling in NJ is fair, every website has great security, and players feel safe.

 

The minimum age is 21 years. In some states, the minimum age is 18 years of age. However, players may need to be located in the states in question so they can access the sportsbook.

The BetMGM sportsbook app does not allow players to bet on college sports teams from NJ.  Players can bet on almost every NJ team, apart from college teams, college bowl games, and events that take place at the Prudential Center in Newark or the Boardwalk Hall in Atlantic City.

Some states may allow players to bet on college sports. However, players may need to be located in the states in question so they can place a bet.

Yes. BetMGM offers sportsbooks in the following states: Arizona, Colorado, Florida, Indiana, Iowa, Louisiana, Michigan, Mississippi, Nevada, New York, Ohio, Oregon, Pennsylvania, South Dakota, Tennessee, Virginia, Washington, Washington D.C., West Virginia, and Wyoming.

 

Should players wish to use the New Jersey sportsbook, they will need to be physically located within New Jersey. However, it is possible for players to access their New Jersey account if they are located outside of the state. They simply will be unable to place a bet.

No. BetMGM uses geolocation technology to track where players are. If they are not physically located within the State of New Jersey, they will be unable to log in.

On the very rare occasion that a player accesses the sportsbook using a VPN, their account will be suspended. This means that they will lose any money they have deposited and/or won.

BetMGM occasionally offers parlay options. At the time of writing (February 2022), the following parlay options were offered.

 

  • 4 legs – 15% profit boost
  • 5 legs – 20% profit boost
  • 6 legs – 30% profit boost
  • 7 legs – 40% profit boost

 

Please note the above parlay options may change from time to time.

To withdraw money, players simply need to visit their accounts and check how much money they have in their accounts. Players will need to have at least $20 in their accounts before they can withdraw anything. Players will then need to opt to withdraw their chosen amount and the method they wish to use.

 

The processing times for each payment type are as follows:

 

  • Visa, MasterCard, Discover: Not available
  • ACH: 2-4 Business Days
  • Online Banking: 2-4 Business Days
  • Instant Bank Transfer: 2-4 Business Days
  • PayPal: Up To 24 Hours
  • Play+: Up To 24 Hours
  • PayNearMe: Not available

There may be occasions when BetMGM voids a bet. In most cases, this is because the bet may have contained incorrect information.

Alternatively, a pre-match bet may have been accepted when the event had already started. Players are encouraged to contact customer services if they are concerned about a bet being voided.

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BetMGM NJ Sportsbook

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