BetMGM Bonus Code: Get a $1,500 Bonus or Bet $10 to Get $250 Bonus in MI, NJ, PA, and WV
Use our exclusive BetMGM bonus code 'CVRBONUS1500' to get up to $1,500 in bonus bets if your first wager loses on any NFL Week 6 game. Simply make an initial $10 minimum deposit to access one of the industry's best sportsbook promos in 2024.
Learn more about the sportsbook's welcome offer and detailed reviews of its features in 2024.
Offers are not available to residents of Ontario, Canada.
$1,500 in Bonus Bets
CVRBONUS1500
$1,500 in Bonus Bets
BetMGM bonus code overview
💰 Sign-up bonus | $1,500 in bonus bets |
💰 Sign-up bonus (NV only) | $250 in bonus bets |
⏩ BetMGM bonus code | CVRBONUS1500 |
💵 Minimum deposit | $10 |
💲 Eligible bet types | All bet types |
🌎 Eligible states | AZ, CO, IL, IN, IA, KS, LA, MD, MA, MI, MS, NC, NV, NJ, OH, PA, TN, VA, WV, WY (+DC) |
📱 BetMGM mobile app | iOS and Android |
🕒 Offer expiry | Dec. 31, 2024 |
✅ Last verified | Oct. 15, 2024 |
BetMGM bonus code new-user offers
The BetMGM bonus code 'CVRBONUS1500' unlocks up to $1,500 in bonus bets when you create a new BetMGM account, deposit at least $10, and lose your first real money wager.
Confirm that you’ve read the terms and conditions, are in a legal betting state, and are at least 21 years of age before claiming this limited-time offer.
Claim $1,500 in bonus bets
$1,500 in Bonus Bets
CVRBONUS1500
As a first-time customer with BetMGM Sportsbook, you can use our BetMGM bonus code 'CVRBONUS1500' and make a minimum deposit and real money wager on any sports market you wish. If you lose, the operator will issue up to $1,500 in bonus bets.
Note: The BetMGM sign-up bonus is not available to new sports bettors in New York.
Pro Football Second Chance on First TD bets
This is one of our favorite BetMGM bonus offers: If you place a first touchdown scorer wager and your player doesn’t score first but scores second, BetMGM will refund your bet — in cash. Online sportsbooks rarely return a losing bet as withdrawable money, so we expect a lot of BetMGM users to take advantage of this offer.
BetMGM MI, NJ, PA + WV
Bet $10, Get $100 + $150 in Casino Bonus
COVERS350
Users in Michigan, New Jersey, Pennsylvania and West Virginia can get $100 in bonus bets, along with $150 in casino bonus from simply wagering $10.
BetMGM Nevada: Claim $250 in bonus bets
For the first time, BetMGM Nevada players can access a welcome bonus during registration. Enter BetMGM promo code 'CVRBONUS1500' and make a minimum deposit and real money wager on any sports market you wish. If you lose, the operator will issue up to $250 in bonus bets, to be used within seven days.
BetMGM bonus code terms and conditions
I've gone through BetMGM's terms and conditions with a fine-tooth comb. Read the most important T&Cs associated with the sportsbook's sign-up bonus below:
Use BetMGM bonus code 'CVRBONUS1500' to claim this sportsbook offer.
You must make a $10 initial deposit and place a real money wager to unlock your welcome bonus.
If you lose your first bet, you'll receive your entire stake back, up to $1,500, in bonus bets.
If you wager more than $50, BetMGM will award five bonus bets. Each bet will be worth 20% of your qualifying wager. If you wager less than $50, you will receive one bonus bet equaling the amount of your qualifying wager.
Bonus bets carry no wagering requirements, but expire seven days after issuance.
Claim this offer by Dec. 31, 2024, at 11:59 p.m. ET.
You cannot use BetMGM if you are on any self-exclusion lists for gambling. If you struggle with problem gaming, please refer to BetMGM's responsible gambling features on this page for assistance.
BetMGM bonus code offer pros and cons
How to claim the BetMGM bonus code
Claiming a bonus code and sign-up offer may feel tricky to some first-time users, as sportsbook terms and conditions aren't always crystal clear. But rest assured, I've personally tested the BetMGM bonus code and provided you with a step-by-step breakdown of how to claim the welcome bonus below.
Register
You can click here to register with BetMGM Sportsbook and use the BetMGM bonus code 'CVRBONUS1500.' This bonus code will add a layer of security to your initial wager. Have your personal information — like name, address, and email address — ready before you begin.
Deposit funds
Once you've created your new sportsbook account and used your BetMGM promo code, you will need to deposit funds. You'll have to put down an initial deposit of at least $10 to qualify for the welcome bonus.
Make a wager
Now you're ready to begin online sports betting. Place a wager on any sport or market. Within 24 hours, BetMGM will return your entire stake up to a maximum of $1,500 if you lose.
Withdraw winnings
If your wager wins, you can withdraw your winnings immediately. However, you cannot withdraw your bonus bets right away — you must use each bonus bet before accessing a potential payout. Notably, BetMGM Sportsbook does not return your stake when using bonus bets.
BetMGM Sportsbook Insights
We'll be updating this section constantly throughout the season as we receive real-time information on betting trends at BetMGM. Be sure to check in regularly for NFL Week 6, as per BetMGM's most recent report on Oct. 15, 2024.
Stay tuned to see what plays the Covers' expert team is rolling with next week; check out all of our NFL picks and predictions:
BetMGM Sportsbook promos for Oct. 15, 2024
Below is a list of the ongoing promos you can score today at BetMGM Sportsbook:
Knock One Into the 'Pen
Wager at least $10 on any MLB player with minimum +100 odds to hit a home run this MLB Playoffs. If your backed player into the bullpen that day, you'll win a share of $50,000 in bonus bets.
Lions Boost
BetMGM regularly offers 'Lions Boosts' that you can claim to receive enhanced odds on various betting markets for a larger payout.
Multi-Sport Parlay Boost
Opt-in and receive a boost token to increase the potential payout of your multi-sport parlay wagers by 33%. Terms and conditions apply.
MLB® Grand Slam Jackpot
Place a minimum $10 home run player prop on any MLB game between Friday and Sunday during the 2024 regular season to be automatically entered to win up to $50,000 in bonus bets. Terms and conditions apply.
Parlay Plus
Earn up to 40% more in profits on successful parlays. Opt in and place a four to seven-leg parlay on any combination of sports or events.
EPL 2 Up Early Payout
Place a pre-game wager on any EPL match, and if your selected team goes up by two goals at any point, you'll still receive your winnings regardless of the final outcome.
BetMGM sportsbook review
$1,500 in Bonus Bets
CVRBONUS1500
BetMGM is one of the biggest names in the sports betting industry, largely thanks to its well-rounded online sportsbook that offers one of the highest-valued welcome bonuses in 2024. BetMGM sportsbook is currently offering new users a great promotion that carries no complicated terms, making it easy to claim no matter your betting experience.
BetMGM is an ideal sports betting site if you have a travel bug. Upon registration, you automatically gain access to BetMGM Rewards and MGM Rewards, which allows you to earn points with every wager you place. The points you earn can be redeemed for various great bonuses, such as hotel stays and travel vouchers.
NFL bettors are in luck in 2024, as BetMGM debuted several game-changing features for the football season, including enhanced same-game parlays, live bet tracking, and exclusive markets for the 2024-25 NFL season.
Bonuses and promotions | ⭐ 4.4/5 |
Banking and payout speed | ⭐ 4.2/5 |
Key features | ⭐ 4.4/5 |
Security and trust | ⭐ 4.6/5 |
Customer support | ⭐ 4.5/5 |
User experience | ⭐ 4.7/5 |
Betting odds | ⭐ 4.3/5 |
"I’ve had nothing but a great experience so far, as the BetMGM Sportsbook is one of the best I’ve seen. I've managed to win a bit, and payouts have always hit my account in roughly five hours. I’ve not had to contact customer services yet, so I can’t review that. Overall, BetMGM is probably the best online bookmaker I’ve used in many years."
- J. Sawyer, Trustpilot reviewer
"It is fun and easy to use and understand. There are great promotions, and great range of betting options on NBA players for points, rebounds, and assists. Stat's have each teams record of wins and losses right next to the betting lines, which gives me an ideal way to look at each bet, who to bet on, saving me time doing research."
- Scott, Google Play Store user
BetMGM at a glance
💰 Sign-up bonus | $1,500 in bonus bets |
⏩ BetMGM bonus code | CVRBONUS1500 |
🏅 Top feature | Great range of sports |
💵 Minimum deposit | $10 |
🕒 Payout speed | 2 days |
App Store rating | 4.8/5 ⭐ (220.3K reviews) |
Google Play rating | 4.4/5 ⭐ (31.2K reviews) |
🌎 Available states | AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR) |
✅ Last verified | Oct. 15, 2024 |
BetMGM iOS app
What we like
What we don't like
Refer to our BetMGM review for more information.
BetMGM payment methods
BetMGM offers some of the popular banking methods, including credit cards — like Visa and Mastercard — PayPal, American Express, debit cards, and Play+. Getting started on the sportsbook app is easy, as deposits are instant and carry no fee.
Method | Deposit | Withdrawal |
---|---|---|
Visa | ✅ | ❌ |
Mastercard | ✅ | ❌ |
PayPal | ✅ | ✅ |
American Express | ✅ | ❌ |
Play+ | ✅ | ✅ |
eCheck | ✅ | ✅ |
Check | ❌ | ✅ |
PayNearMe | ✅ | ❌ |
Skrill | ✅ | ✅ |
Online banking | ✅ | ✅ |
Debit cards | ✅ | ❌ |
BetMGM customer support
Unlike many of its competitors, BetMGM has a dedicated customer service Twitter account that users can access at any time. My favorite features are its 24/7 live chat on its site and significantly sized FAQs section, which users can visit to learn more about BetMGM promotions, banking information, key features, responsible gambling, etc.
All that’s missing from BetMGM’s customer service is phone and multi-language support. For now, customer service is only provided in English.
- Live chat: 24/7
- Email: support.nj@betmgm.com
- Phone: N/A
- Support languages: English
- X (Twitter): @BetMGMCare
Is BetMGM legal?
BetMGM Sportsbook legally operates online sports betting in 22 states, DC, and Puerto Rico. If you are over 21 years old and located within one of these regions’ borders — excluding Nevada, New York, and Puerto Rico — you’ll be eligible to earn $1,500 in bonus bets with BetMGM bonus code 'CVRBONUS1500' for the ongoing MLB Playoffs.
Sign-up bonus: $1,500 in bonus bets
Arizona | Kentucky | North Carolina |
Colorado | Louisiana | Ohio |
DC | Maryland | Pennsylvania |
Illinois | Massachusetts | Tennessee |
Indiana | Michigan | Virginia |
Iowa | Mississippi | West Virginia |
Kansas | New Jersey | Wyoming |
Unique welcome bonus
MI, NJ, PA, and WV bettors can get $100 in bonus bets and $150 in casino bonus when they wager $10.
Nevada bettors can now get $250 back in bonus bets if their first bets settle as losses.
Puerto Rico bettors can now get $100 back in bonus bets if their first bets settle as losses.
No welcome bonus
Take a look at our legal tracker to discover where BetMGM Sportsbook may be coming next and for states that allow sports betting.
BetMGM referral program
$50 Bonus
No code required
BetMGM has one of the highest-valued sportsbook referral bonuses in 2024, offering up to $1,000 per month. Start by sending an interested friend an exclusive invitation to join the BetMGM sportsbook. Once they have successfully created a new account and fulfilled the requirements, you each receive a $50 bonus that can be used on any available sports betting market. You can invite up to 20 friends per month to register with BetMGM, totaling $1,000 in maximum monthly referral bonuses you can earn.
It's important to note that any new BetMGM users who claim a referral bonus are ineligible to claim the sportsbook’s current welcome promotion.
BetMGM Casino bonus
100% Match up to $1,000 + $25 No-Deposit Bonus
COVERS1000
Deposit $10, Get $200 on the House
COVERS2500
Available in West Virginia
Use BetMGM Casino bonus code 'COVERS1000' to claim BetMGM's online casino welcome bonus. New online casino users in Michigan, New Jersey, and Pennsylvania can claim a 100% deposit match up to $1,000, along with a $25 bonus. Those in West Virginia can secure $200 on the house when you make a $10 deposit. For a thorough breakdown of the online casino gaming platform, table games, and mobile app, check out the BetMGM Casino review.
Minimum deposit of $10 to activate the online casino bonus offers.
Satisfy a 15 times wagering requirement before withdrawing winnings.
14 days (seven days in West Virginia) to meet the online casino bonus wagering requirement.
The no-deposit bonus holds a 1x playthrough requirement and must be completed within seven days.
BetMGM Horse Racing bonus
$1,500 in Bonus Bets
FL, LA, OH bettors only
Bettors in Florida, Louisiana and Ohio can take a lap with BetMGM Horse Racing to get into all of the top 2024 racing betting action. You can learn about the most popular bet types, access betting markets for top races, livestream events, and much more with BetMGM Horse Racing. Additionally, you can bookmark your favorite tracks and races in advance, ensuring you catch all of the top events in 2024.
BetMGM VIP and rewards benefits
You are automatically enrolled in BetMGM Rewards, which is one of the best sportsbook rewards programs in the U.S. in 2024, upon signing up. From day one, you can start earning points with every sports wager and casino bet made on the BetMGM app or at MGM Resort properties.
The points you earn from BetMGM Rewards can be converted to MGM Rewards points, which are redeemable for perks like discounted concert tickets and dining services at over 20 MGM Resorts International locations across the country. BetMGM recently partnered with the Marriott Bonvoy, allowing you to exchange points for various exclusive rewards, such as free hotel stays at select locations. During the 2024 NFL season, you will receive 3,000 Marriott Bovoy points when you link your account to your BetMGM profile and make your first wager.
Similar to most sportsbook rewards programs, BetMGM Rewards and MGM Rewards are tier-based loyalty systems, meaning you can spend more to rise up the program's five levels and earn better perks.
Tier | Gaming Tier Benefits |
---|---|
💎 Sapphire (up to 19.9K credits) | No BetMGM Rewards point bonus, $5 birthday bonus bet, $5 anniversary bet, no premium customer support |
🦪 Pearl (20K credits) | 10% BetMGM Rewards point bonus, $10 birthday bonus bet, $10 anniversary bet, tickets, premium customer support |
🥇 Gold (75 credits) | 20% BetMGM Rewards point bonus, $25 birthday bonus bet, $25 anniversary bet, tickets, valet, room upgrades, premium customer support |
👑 Platinum (200K credits) | 30% BetMGM Rewards point bonus, $100 birthday bonus bet, $100 anniversary bet, tickets, valet, room upgrades, premium customer support |
⭐ Noir (invite only) | 40% BetMGM Rewards point bonus, $200 birthday bonus bet, $200 anniversary bet, tickets, valet, room upgrades premium customer support, expedited window service at MGM Resort-based BetMGM Sportsbook |
I've outlined how you can earn BetMGM Rewards and MGM Rewards points below:
🎲 Retail Casino Games
- Casino games - Earn MGM Rewards Points and Tier Credits when playing slots, video lottery terminals, and table games at participating U.S. MGM destinations
📲 BetMGM Sportsbook
- Straight bets - 20 BetMGM Rewards Points and 20 Tier Credits per $100 wagered
- Parlays - 50 BetMGM Rewards Points and 50 Tier Credits for every $100 bet
♥️♣️ BetMGM Online Casino
- Progressive jackpot slots - 10 BetMGM Rewards Points and 10 Tier Credits per $100 wagered
- Regular slots and instant win games - 20 BetMGM Rewards Points and 20 Tier Credits per $100 wagered
- Live table games - 4 BetMGM Rewards Points and 4 Tier Credits per $100 wagered on live table games, including baccarat, blackjack, craps, and roulette
- Poker tournaments - Up to 500 BetMGM Rewards Points and 500 Tier Credits per $100 spent on online registration fees
- Cash game rake - Up to 500 BetMGM Rewards Points and 500 Tier Credits per $100 spent
🏨 Hotels
- Earn Tier Credits when staying at any of the 20 U.S. MGM Resort locations
- Book directly through MGM Resorts and provide your MGM Rewards account number or show your card at the front desk at the start of your stay
🎬 Entertainment
- 4 Tier Credits for every $1 spent on tickets to resident shows at MGM Resorts
🍴 Dining
- 1 MGM Rewards Point for every $1 spent at participating restaurants at MGM Rewards destinations nationwide
- 4 Tier Credits for every $1 spent at participating dining options.
BetMGM in the news
Recent BetMGM updates
Stay tuned to the latest BetMGM news to keep abreast of all its legal U.S. sports betting market activity.
Oct. 1, 2024: BetMGM is the official bullpen sponsor for the 2024 MLB Playoffs.
Sept. 25, 2024: BetMGM's 2024 growth year plan will focus on tech reinvestment and player acquisition, according to the MGM Resorts CEO during a webinar.
Sept. 6, 2024: BetMGM reports that as of Sept. 6, the Green Packers and Philadelphia Eagles game in Brazil is the league's most-bet game.
Sept. 2, 2024: BetMGM commits to responsible gaming messaging in NFL stadiums for the 2024-25 season.
Aug. 27, 2024: BetMGM launches new features like Smart Stats betting insight and an enhanced same-game parlay system ahead of the NFL season.
Aug. 22, 2024: BetMGM launches a single digital wallet in Nevada, allowing Silver State to access their funds to BetMGM mobile markets nationwide.
Aug. 15, 2024: MGM Resorts seeks a sports betting and iGaming license in Brazil after partnering with Grupo Globo, one of the largest media groups in Latin America.
Aug. 8, 2024: BetMGM's revenue growth and 13% market share highlight Entain's first half of 2024.
July 29, 2024: BetMGM calls 2024 an 'investment year' in an effort to make an impression with customers.
July 24, 2024: The arrival of Caitlin Clark has had an immediate impact, as BetMGM has seen nearly three times the number of wagers on WNBA this season year-over-year.
July 19, 2024: BetMGM goes offline after a global technology outage.
July 17, 2024: BetMGM launches in D.C. with the standard $1,500 in bonus bets offer.
July 11, 2024: BetMGM is set to launch in D.C. next week following recent regulatory changes that will allow district-wide mobile betting.
July 11, 2024: MGM Resorts partners with the New York Yankees, strengthening the company's commitment to Major League Baseball and the greater New York sports betting and casino market.
July 5, 2024: BetMGM takes 'less action' from the Joey-Chesnut-less 2024 Hot Dog Eating contest on July 4th.
July 5, 2024: BetMGM wins Sports Betting Operator of the Year and Employer of the Year at 2024 EGR North America Awards.
July 2, 2024: Tottenham strikes a deal with BetMGM as its official betting partner.
July 1, 2024: Newcastle United extends partnership with BetMGM after "exceptional first year together."
June 26, 2024: BetMGM confirms that game seven between the Florida Panthers and the Edmonton Oilers was the most-bet NHL game ever on its platform.
June 26, 2024: BetMGM UK signs a multi-year partnership to be the official club betting partner of the Premier League's Wolverhampton Wolves.
June 25, 2024: The Indiana Gaming Commission fines BetMGM after the company allows players to place wagers while on a voluntary self-exclusion list.
June 19, 2024: BetMGM partners with popular iGaming influencer Brian Christopher Slots.
May 23, 2024: BetMGM is named the new official odds provider for the Associated Press.
May 21, 2024: Entain's strategic review suggests focusing on BetMGM's growth and selling Crystalbet.
May 17, 2024: BetMGM will sponsor Wheel of Fortune's 800th episode for Nightly Progressive Jackpot feature.
May 8, 2024: Former MGM Executive receives one-year probation for failure to report illegal bookmaker's casino wagers.
May 8, 2024: BetMGM CEO Adam Greenblatt says it's "naive" to think that illegal sportsbooks won't offer problematic props like unders in light of recent events involving Jontay Porter.
May 2, 2024: BetMGM is set to launch in the Netherlands, making it the second European market for the operator after going live in the UK in August 2023.
May 1, 2024: Changes at BetMGM's co-owner Entain is a "breathe of fresh air" for MGM Resorts CEO.
April 25, 2024: Mystery BetMGM bettor places $10k bet on the 1st overall pick in the NFL draft — to win $100.
April 18, 2024: Entain’s 50% stake in BetMGM delivered a 2% year-over-year increase in net gaming revenue during Q1
April 17, 2024: MGM sues FTC to block probe into 2023 data breach, which does not affect its online sportsbook but does impact certain BetMGM-branded betting kiosks at retail properties.
April 11, 2024: BetMGM announces that nearly four times the number of wagers were placed on the NCAA men's and women's basketball tournaments than on Super Bowl 58.
April 8, 2024: Major private equity firms eyeing Entain. Apollo Global and CVC Capital are rumored to be looking into acquiring a range of the company's assets, which includes BetMGM.
April 3, 2024: BetMGM is reportedly among several big-name sports betting brands eyeing entry into the Brazilian market.
April 2, 2024: BetMGM announces that Iowa-LSU is the most bet women's NCAA basketball game of all time at its online sportsbook.
March 27, 2024: BetMGM joins six other major online sportsbooks to form the Responsible Online Gaming Association (ROGA).
March 19, 2024: BetMGM partners with Marriott Bonvoy to offer a cross-brand rewards promotion.
March 13, 2024: NASCAR announces BetMGM as the title sponsor for the Xfinity race in Charlotte, NC, on Memorial Day Weekend.
March 12, 2024: BetMGM introduces a new responsible gaming ad featuring NHL All-Star Connor McDavid.
March 11, 2024: BetMGM is among the first group of operators to go live on day one of legal North Carolina sports betting.
March 7, 2024: Etain, BetMGM's operator, receives a 14% yearly increase, highlighted by BetMGM earning $1.96 billion in net gaming revenue, which is a 36 YoY increase.
March 5, 2024: BetMGM"s record-high progressive jackpot eclipses $4 million.
March 1, 2024: BetMGM unveils its North Carolina pre-launch offer — $200 in bonus bets.
Feb. 27, 2024: North Carolina will start online sports betting sign-ups on Friday, and Covers' own Geoff Zochodne outlines what to expect from BetMGM and other expected sportsbook operators.
Feb. 21, 2024: BetMGM is among several sportsbooks offering betting options for when and how Lebron James reaches 40,000 points, which has never been achieved in NBA history.
Feb. 14, 2024: BetMGM reports record Q4 in 2023 earnings call, bringing in Q4 consolidated net revenues of $4.4 billion, which is a 22% increase.
Feb. 9, 2024: BetMGM reports a 36% YoY increase in revenue to nearly $2 billion.
Feb. 1, 2024: BetMGM will face an adjudicatory hearing in MA for allowing 15,000 illegal wagers on a college football player prop, which is not allowed in the state.
Jan. 26, 2024: BetMGM is partnering with X (formerly Twitter) to bring sports betting odds to the social media platform.
Jan. 8, 2024: BetMGM partners with Charlotte Motor Speedway to access the North Carolina sports betting market.
Dec. 20, 2023: BetMGM releases a list of its most wagered-on events of 2023, including the Super Bowl, the Colorado Buffaloes college football team, Shohei Ohtani, and more.
Dec. 19, 2023: BetMGM announces a multi-year extension to its partnership with the NHL which will include more fan interactions and branded casino games.
Dec. 5, 2023: BetMGM reports $1.9 billion in estimated revenue for FY2023, a compound annual growth rate of 125% compared to the company's 2020 revenue.
Oct. 26, 2023: BetMGM and the Philadelphia 76ers renew their sports betting partnership.
Oct. 25, 2023: BetMGM partners with Sportsradar to access NBA optical tracking data for the NBA, thereby enhancing its live betting, prop markets, and more.
Sept. 28, 2023: BetMGM Sportsbook officially goes live in the Bluegrass State alongside the launch of legalized online Kentucky sports betting. Use BetMGM Kentucky promo code 'COVERSBONUS' to claim the offer.
Sept. 7, 2023: New users can deposit real money funds with BetMGM before Kentucky sportsbooks come online.
Aug. 30, 2023: BetMGM Kentucky goes live with its pre-launch offer: $100 in bonus bets.
Aug. 29, 2023: BetMGM Sportsbook updates its offer for NFL season to $1,500 in bonus bets (this includes West Virginia).
June 29, 2023: BetMGM Sportsbook announces it will stop running acquisition offers in Kansas, including promotional bonuses.
Feb. 24, 2023: BetMGM Sportsbook pledges to prominently feature responsible gambling messages in its advertising and marketing campaigns to promote the start of Problem Gambling Awareness Month.
Jan. 1, 2023: BetMGM Sportsbook goes live in the Buckeye State with the launch of its Ohio sports betting app.
BetMGM betting odds and restrictions
BetMGM Sportsbook relies on an in-house team to provide odds pricing to its customers. While shopping around for the best number is always recommended, you can expect BetMGM odds pricing to be competitive.
Like most of the big operators, big winners can expect to be limited. To understand the intricacies of betting limits and how they may affect you, please consult the BetMGM terms and conditions. BetMGM also applies restrictions to bettors who are under the legal gambling age, have access to non-public information that could impact a betting event, or are attempting to use BetMGM from a non-legal state.
About BetMGM
BetMGM is the exclusive sports betting division of MGM, which is one of the most iconic and biggest brands in all of betting. After PASPA was overturned in 2018, MGM partnered with Entain — a UK-based gambling operator — to create BetMGM. The sports betting site quickly gained traction in the U.S. after partnering with top sporting leagues, such as the NHL, NBA, and MLB. BetMGM uses in-house odds for its sports betting markets. Meanwhile, the BetMGM Casino — which is available in Michigan, New Jersey, Pennsylvania, and West Virginia — receives its games from top industry gaming studios, such as IGT, Microgaming, and NetEnt.
In 2024, BetMGM is one of the biggest online sportsbooks in the country, offering legal sports betting services in 22 states plus DC and Puerto Rico. The following U.S. regulatory bodies authorize BetMGM:
How we rate
For over 29 years, the Covers BetSmart Rating system has been our go-to resource when conducting online sports betting sites reviews. We've outlined below what we look for in the top sportsbooks in 2024:
Bonuses and promotions
Online sports betting operators will often roll out the red carpet for new users, offering a range of the most common sportsbook sign-up bonuses to encourage bettors to register. The best sportsbooks will also do the same for their existing users, providing a range of daily boosts and promos to keep them engaged. We highly suggest reviewing the terms and conditions for any bonus before claiming.
Banking and payout speed
Refer to our list of the best betting sites for withdrawal and deposit options to ensure the operator you are using has an array of top banking vendors for you to use, such as Visa, Mastercard, PayPal, e-wallets, and more.
Security and trust
The protection of your personal and financial information is of the utmost importance to use at Covers. To ensure this, we highly encourage you only to use sportsbooks that carry a valid operating license and utilize data-encryption technology to store your information safely.
Customer support
Unfortunately, issues will arise no matter the sports betting site you choose. This is why selecting an operator that offers multiple ways to reach its customer support team — such as 24/7 live chat, email, a dedicated phone line, and social media — is critical.
Key features
The U.S. online sports betting landscape is more crowded than ever, and that's why we prefer operators that try to stick out with various key features, such as an intuitive sports betting app, live streaming for various events, ongoing contests, and more.
Additional factors we consider
Finally, we also look at numerous additional factors when evaluating sportsbooks, including existing user reviews, how frequently they update their platform, time to adjust betting lines, early cash-out options, and more.
Sportsbook bonus comparison
|
|
|
|
|
---|---|---|---|---|
Welcome bonus | $1,500 in bonus bets | Bet $5, Get $300 if Your Bet Wins | $1,000 First Bet on Caesars | Bet $5, Get $200 |
Bonus code | CVRBONUS1500 | Not required | COVERSBONUS1000 | Not required |
Bonus type | Second chance bet | Bet and get | Second chance bet | Bet and get |
Bonus form | One (< $50) or five (> $50) bonus bets | $300 in bonus bets | One (1) $1,000 bonus bet | Eight (8) $25 bonus bets |
Wagering period | 7 days | 7 days | 14 days | 7 days |
Min. deposit | $10 | $5 | $10 | $5 |
Covers BetSmart Bonus Rating | ⭐ 4.8/5 | ⭐ 4.9/5 | ⭐ 5/5 | ⭐ 4.6/5 |
List of sports you can bet on with BetMGM
BetMGM is a well-respected bookmaker that cultivates its own odds. The operator offers a wide range of sports betting markets, live betting, and live streaming features that make for an immersive experience.
All of the major North American sports leagues are available, including:
BetMGM's wide range of sports offerings is plentiful — users can access and wager on the following complete list of sports:
Aussie Rules | Formula 1 | NASCAR |
Baseball | Golf | Rugby Union |
Basketball | Hockey | |
Boxing | Lacrosse | Tennis |
Cycling | MMA | Volleyball |
Football |
Motorsports enthusiasts will have to take a lap with BetMGM, as the operator stands atop the podium as the industry's best F1 betting site. Combat fans will love to hear that BetMGM is our pick for the top boxing betting site and is also among the best UFC betting sites in 2024.
More sportsbook sign-up bonuses
Discovering which legal sportsbooks are right for you is vital, which means doing your fair share of comparison shopping to ensure you make the best choice.
I've done much of that work for you and compiled multiple guides to help you navigate the sports betting landscape. Dive into some of the best sportsbook sign-up bonuses in 2024 below:
BetMGM responsible gambling features
BetMGM works with GameSense to provide an extension array of responsible gaming resources to sports bettors across the country. BetMGM offers resources highlighting the importance of setting personal betting limits and tools ensuring bettors continue to play within their means, such as deposit limits and self-exclusion periods.
Bettors can access both national and state-level organizations that specialize in responsible gambling, which are anonymous and mostly available 24/7 throughout the year.
BetMGM bonus code FAQ
Yes. BetMGM is authorized and regulated in 22 states, plus DC and Puerto Rico. It is a highly reputable and trustworthy sportsbook.
New users can use BetMGM bonus code 'CVRBONUS1500' to claim the sportsbook's current welcome offer. Eligible customers can make a first deposit of at least $10 and get up to $1,500 back in bonus bets after losing their first real money wager.
Follow the links above and register with BetMGM. When prompted, add BetMGM bonus code 'CVRBONUS1500' to activate bonus funds.
Yes, BetMGM has a referral bonus. If you're already signed up with the sportsbook, you can send a friend an invitation to join BetMGM through email, social media or text. If your friend registers and makes an initial deposit, you’ll both receive a $100 referral bonus. You can refer a maximum of 20 friends per month.
BetMGM bonus bets allow you to make a sportsbook wager with house money. However, bonus bets are not returned as part of your sportsbook winnings and cannot be redeemed as cash. If you wager $25 via a bonus bet and profit $25, you will have gained $25 you can later cash out.
No. The bonus bets at BetMGM are not withdrawable or transferable. They must be used on future wagers with the sportsbook. Remember, if you win when betting with a bonus bet, your stake is not returned.
The BetMGM welcome bonus works like this: Should you sign up for the sportsbook with code 'CVRSBONUS1500' and make an initial $10 deposit and real money wager, BetMGM will refund the entire stake of your first wager if you lose. You can then use the bonus bets for further wagering at BetMGM Sportsbook.
Sports bettors at BetMGM Sportsbook can use credit cards (like Visa, Mastercard and American Express), debit cards, PayPal, Skrill, eCheck, Bank Transfer, Play+, and more to activate bonus money.
It generally takes BetMGM two days to review and approve your withdrawal request. You will need to allow a few extra days for the funds to appear in your bank account.
In order to make a withdrawal with BetMGM Sportsbook, click on the 'My Account' button in the top right corner of the page. Continue to the 'Cashier' page. Then select the 'Withdrawal' tab, choose your withdrawal method, enter the amount you wish to cash out, and then tap the 'Withdraw' button.
The following states have access to the BetMGM bonus code: Arizona, Colorado, DC. Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.
Yes, the BetMGM bonus code can be accessed on the BetMGM Sportsbook app.
This BetMGM welcome offer is no longer available. Instead, new users can claim up to $1,500 in bonus bets when they sign up with the code 'CVRBONUS1500' and place an unsuccessful initial wager.
An award-winning author at just six years old (it’s true!), Jeff has parlayed his early-life accolades into a prominent role in the iGaming content space with Covers. He now leads a talented team of expert betting analysts and sportsbook reviewers focused on delivering world-class experiences to North American bettors.
Jeff joined the Covers team full-time in 2021 and has since played a pivotal role in shaping the brand’s content strategy and providing accurate, timely coverage of burgeoning legal sports betting markets like New York, Ohio, and Ontario. He is passionate about providing comprehensive, transparent, and unbiased betting analysis and giving Covers readers the confidence they need to come to their own conclusions when deciding how and where to bet online.
Jeff primarily bets on NFL, MLB, and NHL player props, but he is always looking for value in futures markets. If Jeff could only use one betting app, it would be bet365, but he’s also a big fan of DraftKings, FanDuel, and Sports Interaction. He is a strong proponent of line shopping and never, ever chases losses.
Jeff holds a BBA from St. Francis Xavier University. His work has been featured in Newsweek and referenced in news media outlets like the Calgary Herald, Financial Post, and Toronto Sun. He was previously an independent NHL prospects writer and has crafted over 200 articles and guides across the sports, iGaming, e-learning, and LMS software industries.
$1,500 in Bonus Bets