First Bet Offer up to $1,500
Bet up to $1,500 on your first wager. If your bet loses, BetMGM credits your account with bonus bets equal to your stake (in 5 increments).
Claim bonus →Our verdict
The best loyalty program in US sports betting. Below: a five-pillar score, the welcome bonus broken down, the app and product experience, market depth and pricing, plus our take on trust and withdrawal speed.
Score breakdown
Pros & cons
Pros
- MGM Rewards integration unlocks Vegas hotel/dining/show comps
- First Bet Offer up to $1,500 — biggest dollar value among top books
- Lion's Boost daily promos genuinely useful
- Edit Bet, Easy Parlay, and One Game Parlay+ features
- Strong tennis and soccer market depth
Cons
- Withdrawals slower than DraftKings/FanDuel (2-5 days typical)
- App can feel busy during major events
- Bonus bets break into 5 increments — can't use as one big stake
Welcome bonus and loyalty
BetMGM's First Bet Offer up to $1,500 refunds your stake (in bonus bets) if your first wager loses. The bonus credits in 5 equal increments — a $1,500 first bet that loses returns 5x $300 bonus bets, not one $1,500 bonus bet. This caps your re-deployment options but spreads risk.
The bigger story: MGM Rewards integration. Every dollar wagered earns Tier Credits and Reward Credits. Tier Credits qualify you for status (Pearl, Gold, Platinum, NOIR) which converts directly to comp value at MGM properties — Vegas hotels, restaurants, shows. For a player who travels, it can add 3-5% real value to every bet. No other US sportsbook has this loyalty integration.
App and feature set
The BetMGM app is solid — not as slick as FanDuel, but feature-rich. Lion's Boost offers daily odds boosts that are sometimes genuinely +EV (rare in sportsbook boost-land). Edit Bet lets you swap, add or remove legs from a parlay. Easy Parlay auto-builds parlays around a single team's full slate.
Markets and pricing
Strong on NFL, NBA, NHL, MLB. Particularly deep on tennis (ATP/WTA Slam coverage) and European soccer (Premier League, La Liga, Champions League, lower-tier UK leagues). MMA and boxing covered for major events; smaller cards sometimes missing.
Trust and withdrawals
Operated by MGM Resorts International (NYSE: MGM) — one of the most trusted names in gaming. Withdrawals are slower than DraftKings/FanDuel: debit/credit cards typically 2-5 business days; PayPal usually 1-2; bank wire 3-7. Identity verification required at signup.
State availability
Available in: AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MS, NJ, NV, NY, OH, PA, TN, VA, WV, WY
FAQ
Is BetMGM Sportsbook legit?
Yes. BetMGM Sportsbook is licensed in every US state where it operates. Player funds are segregated, audits are independent, and withdrawals are reliable. We've personally tested deposits and withdrawals.
What's the minimum deposit?
Typically $5-10 across most payment methods (debit cards, PayPal, ACH, Play+). Bank wires generally have higher minimums.
How long do withdrawals take?
Varies by method. PayPal/Venmo are typically fastest (often same-day to 1 business day). Debit card withdrawals 1-3 business days. Bank wires 2-5 business days. ID verification is required for first withdrawal.
Should I use the welcome bonus?
Yes — when applied to a single qualifying bet at fair odds, virtually every welcome bonus we cover is +EV. Stay within the offer's terms (eligible markets, minimum odds, time window) to capture the value.