Home/Compare/Dk Fd Mgm 3Way
Comparison

DraftKings vs FanDuel vs BetMGM: The Big Three

The three sportsbooks that together control 85% of US sports betting volume. Here's how they compare across the metrics that actually decide which is right for you.

If you're new to sports betting, you'll evaluate these three first. They're the most-marketed, most-used, and most-discussed US sportsbooks. The honest answer to "which one?" is "all three, line shopped on every wager." But if you must rank them, here's how they sort across the dimensions that matter.

By welcome bonus value

  1. FanDuel — No-Sweat First Bet up to $1,000 (highest mathematical EV when used optimally on +200 to +300 underdogs)
  2. BetMGM — First Bet Offer up to $1,500 (largest dollar amount but split into 5 bonus-bet increments)
  3. DraftKings — Wager $5, Get $150 (smallest but instantly credited and risk-free)

By app quality

  1. FanDuel — Best UX in the US market, period
  2. DraftKings — Most features, occasionally laggy
  3. BetMGM — Solid, less polished than the top two

By market depth

  1. DraftKings — Deepest player-prop menu, strongest SGP+
  2. FanDuel — Slightly tighter on standard markets, comparable depth
  3. BetMGM — Strong on majors, thinner on niche markets

By payout speed

  1. FanDuel — Same-day on PayPal/Venmo
  2. DraftKings — Same-day to 1 day
  3. BetMGM — 2-5 days; consistently slowest of the three

By loyalty value

  1. BetMGM — MGM Rewards converts to real comp value at MGM properties
  2. DraftKings — Crowns rewards (digital-only, modest value)
  3. FanDuel — Group Rewards (digital-only, modest value)

The optimal multi-account strategy

Sharp US bettors run all three. The reasoning:

  • Use FanDuel for everyday wagering (best app, best line shopping)
  • Use DraftKings for player props and SGPs (deepest menus)
  • Use BetMGM for casino-resort travelers (loyalty value)
  • Place each bet at whichever has the best price for that specific market

Average improvement vs. single-account: 1.5-2.5% per bet. Over a year of moderate volume, this is the difference between a winning and losing bettor.

Reviews: DraftKings · FanDuel · BetMGM

FAQ

Should I use DraftKings, FanDuel, or BetMGM?

All three. Open accounts at each, fund modestly, and line shop on every wager. The 1-2% per-bet improvement compounds dramatically.

Is having three sportsbook accounts allowed?

Yes — fully legal at all three operators. Each runs its own KYC and the accounts are entirely independent.