BetMGM Sportsbook New York review


BetMGM Sportsbook
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Certifications
VeriSign SecuredeCogra Approved Casinos

Overall Rating

4/5

Withdrawal Speed

3.5/5

Bonuses & Offers

4/5

Security

5/5

Software & Games

5/5

BetMGM Sportsbook at a glance


Casino Name BetMGM Sportsbook
Owner MGM Resorts International
Year Established 1986
Games offered basketball, NFL
Compatible Devices Android, iPhone, Windows Phone, Tablet
Payout Percentage N/A
Payout Days 1-2 days
Banking Options Visa, Mastercard + 3 more
Payout percent
N/A
Payout Speed
1-2 days
  • BetMGM is one of the strongest books
  • Good variety of sports to bet on
  • Among the best for promotions tied to hotel room offers at MGM properties
  • Ease of navigation is better than other NY books
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Chris Sheridan

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Sports betting expert

Chris Sheridan is a sports gambling industry expert based just north of the Bronx who specializes in sports betting issues in legal US markets. He has worked for The Associated Press, ESPN and Forbes, among others.

BetMGM Sportsbook Review 2022

4/5

BetMGM Sportsbook is a huge player in the New York sports gambling industry. Building brand loyalty is important to BetMGM which is advantageous for the customer because if this company identifies you as a loyalist, the rewards will pour in – and not just for MGM sports betting. One of the best things is the ease of navigation from the homepage, with several options for navigating sport by sport along with a live streams of events you can wager on.

BetMGM also has an “Easy Parlay” feature at the top of the screen that makes it easy to build a parlay, either single sport or multi-sport, without the “opt-in to parlay” restrictions we see at other books. The app is speedy and has lots going for it too. Read on to find out why BetMGM scored so well in our review.

Pros

  • BetMGM is one of the four strongest books
  • Good variety of sports to bet on
  • Among the best for promotions tied to hotel room offers at MGM properties
  • Ease of navigation is better than other NY books

Cons

  • Odds on longshots higher at competing books
  • Little to differentiate in terms of available sports
  • Less generous bonuses

Sports markets and bet types

3.9/5

There are 12 different types of sports offered on the desktop version and 18 on the app. You’ll find the likes of darts, cricket, snooker and table tennis exclusively on the app. BetMGM also offers matches from the Champions League in Europe, Premier League in England and LaLiga in Spain to name a few. Popular sports in America like football, basketball, golf and hockey are well covered which is always good to see. Bet types include over/unders, match results, team futures and in-game wagers on just about anything you can imagine. The app also includes gambling on Premiere League Lacrosse, which most other NY sportsbooks do not offer.

Bonuses and promotions

4/5

Promotions here are somewhat lacking, although they can be enhanced at the discretion of company officials if someone discerns that there is a greater need to compete in this category. BetMGM has a $50 refer-a friend bonus, and many promotional offers are tied to traveling to MGM properties.

The “Bigger Better Benefits” program allows users to accumulate bonus credits that can be applied to sports gambling, casino gambling and poker play online, or MGM Rewards points for complimentary food and beverage, entertainment, hotel stays, waived resort fees, room upgrades, tickets to concerts at MGM resorts and the BetMGM gift card.

Banking

3.5/5

There plenty of ways to deposit funds in the sportsbook and the money is available for wagering almost immediately. The six payment options are PayPal, debit card, VIP preferred banking, online banking, instant banking and the Play+ Prepaid card, which offers the fastest turnaround time for withdrawals. BetMGM withdrawal options offer a variety of time frames: 3-7 business days for debit card and online banking, within 24 hours for PayPal. Chat support is unavailable, which is strange because every other book offers it.

Luckily they have a customer service phone number which saves a lot of back and forth. There is a $5 minimum deposit and a $50,000 maximum deposit. Any withdrawal of $10,000 or more will be immediately reported to the IRS in accordance with US banking laws.

Security and fair play

5/5

BetMGM Sportsbook is one of nine sportsbooks licensed to operate online in New York, and it is a publicly traded company trading on the New York exchange. BetMGM uses VeriSign encryption technology to protect data so you can trust that your details are safe. The company is audited internally, and those financial reports can be viewed online.

BetMGM app

4/5

The first thing you will see when logging into the BetMGM Sportsbook App is events currently in progress, which shows how this book prioritizes in-game betting. The extra sports available only on the app like darts, cricket, snooker and table tennis, shows how the app tailors markets to mobile bettors. We’re pleased to see the app is available for both iOS and Android so most smartphone users are catered for.

Conclusion

4/5

We were pleased with BetMGM’s offering and can see why they’re rated highly across the state. The variety of sports on offer and the mix of bets was good to see. The security measures also passed our review process and we are satisfied that this is a safe site to deposit money at.

What we expect to see next as the NY sports betting market evolves is a huge push from BetMGM in the customer loyalty program. MGM is too strong monetarily to have that happen, so if financial safety is a concern then this is a good brand to lock in with, although they need a live chat customer service option.