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How to Bet on BetMGM Sportsbook: Promo Codes, Beginner’s Guide and Tips
BetMGM
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BetMGM is one of the best and most recognizable sportsbooks in the industry. The sportsbook has a fantastic app and website that makes it easy for bettors – new and experienced to place bets and get in on the action.
If you want to start sports betting, BetMGM sportsbook is one of the best places to start. Here is everything you need to know to get started with BetMGM.
What to Know
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Easy-to-use app
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Strong new user sign-up bonuses
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Safe and fast payouts
Available States
Today's Best BetMGM Promo
Trending Bets On BetMGM
How To Bet On BetMGM Sportsbook
Step 1: Create Account
Creating an account on BetMGM Sportsbook is pretty straightforward, although you must be 21 years of age or older to participate.
First, you will need this information:
- Username
- Create a Secure Password
- Legal Name
- Date of Birth
- Home Address
- Last four digits of your SSN
- Phone Number
- Home Address
Step 2: Deposit on BetMGM Sportsbook
There are several options you can use to deposit on BetMGM Sportsbook, although some do come with fees.
- Online Banking
- Debit/Credit Card
- PayPal
- MGM Rewards Mastercard
- e-Check
- PayNearMe
- Wire Transfer
- PlayMGM Play+ Card
- Promo Code
You can use any of these methods to deposit into BetMGM, but need to deposit a minimum of $10.
Step 3: Place a bet
BetMGM has a great selection of bets to choose from. Whether you want to bet on the NFL or an international sport, BetMGM has something for you.
Betting on the NFL is available year round at BetMGM. You can bet on individual games, but could also put some money down on futures.
For individual games, you can bet on the moneyline, spread and total – as well as prop bets that are legal in your state. If you want to go all-in on a single game, BetMGM offers “one game parlays” for singular games.
For the futures, you can bet on win totals, Super Bowl matchups and even who will lead the league in certain statistical categories.
Betting on the NBA at BetMGM is similar to betting on the NFL.
You can bet on individual games with spreads, totals and money lines. They also offer “one game parlays,” special parlays and futures.
The futures market is mainly dominated by Finals predictions, but you can also bet on divisional winners.
Betting on the MLB is effortless with BetMGM. During the season, you can bet on games with moneyline, total and run line bets – as well as player props. In the offseason, you can bet on futures for the World Series winner and the American/National League winner.
It’s straightforward and to the point.
BetMGM has a great selection of NHL bets. You can bet on the puck line, moneyline and total for individual games, as well as make a “one-game parlay.”
In the futures market, you can bet on the Stanley cup winner, Eastern/Western Conference winner and even which division will have the Stanley Cup Winner.
In the soccer market, you can use the three-way moneyline for normal soccer games and for competitive games as well. The fun part about betting on soccer at BetMGM is the wide variety of game props in individual games from a simple total goals bet to a double chance and both teams score parlay.
BetMGM allows golf bettors to place futures for the Major tournaments and for each PGA tour event.
Tennis betting is simple at BetMGM. You can bet on the over/under, match moneyline and game spread. For futures, you can bet on the winner for Grand slams.
For MMA, individual fight money lines are available so you can back the fighter you’d like to win outright.
In Nascar, BetMGM allows bettors to dive into the futures market and bet on the winner of the Cup Series Championship.
Boxing betting is very similar to betting on MMA, with individual fight money lines available for the top events.
BetMGM Sportsbook Promos
Different Types Of Bets You Can Make On BetMGM Sportsbook
BetMGM has nearly every kind of bet available for its users. With all the options available, let’s dive into each one and see what each bet means.
What is a spread bet?
A spread bet is a bet on the margin of victory in a given event. For example, if the Golden State Warriors are 3.5-point favorites against the Los Angeles Clippers, then the Warriors must win by four or more points for you to win that bet.
If you bet on the Clippers in this scenario, they have to either win the game or lose by three points or fewer for the bet to cash.
What is a moneyline bet?
A moneyline bet is much simpler since you’re only picking who will win the game. If you bet on the Philadelphia Eagles moneyline, all you would need is for the Wolverines to win – regardless if it's by one point or 25 points.
Since it doesn’t matter how much a team wins by, the odds are less favorable than the spread.
How to place a parlay?
A parlay bet combines multiple outcomes to create better odds and a higher payout. You can do a “one game parlay” or you can make picks from different games or sports.
The key thing to remember about parlays is that every leg needs to hit.
What’s a futures bet?
A futures bet concerns an event that will happen at a later date.This could be anything from a PGA tournament winner to picking the NBA Finals Champion.
What’s a teaser bet?
A teaser bet is a form of a parlay bet that allows you to change the point spreads in order to get better lines.
It is most commonly used in football, where bettors will tease a game by six points in either direction.
For example, if the Dallas Cowboys are 10.5-point favorites in one game, and the Los Angeles Chargers are 2.5-point underdogs in another, a bettor can use a teaser to move the Cowboys line down to Dallas -4.5 and Los Angeles +2.5. Then you would need the Bills to win by 5 points instead of 11 and the Chargers to lose by no more than 8 points instead of 2.
Both bets would need to hit for the bet to win.
Where Can You Bet On BetMGM Sportsbook?
There are 24 states where BetMGM Sportsbook is legal. You can place online sports bets in any of those states using the BetMGM Sportsbook app.
States where you can bet on BetMGM Sportsbook online
- Arizona
- Colorado
- Illinois
- Indiana
- Iowa
- Kansas
- Louisiana
- Maryland
- Michigan
- Nevada
- New Jersey
- New York
- Ohio
- Pennsylvania
- Tennessee
- Virginia
- Washington
- West Virginia
Where can you bet on BetMGM Sportsbook in person?
- Arizona
- Maryland
- Michigan
- Mississippi
- Nevada
- New Jersey
- Oregon
- South Dakota
- Washington
- Washington D.C.
Where may you be able to bet on BetMGM Sportsbook in person in the future?
BetMGM currently is live as an online sportsbook, but doesn’t have a home for retail. MGM resorts acquired a casino in 2019, so bettors can expect a retail location soon – per the BetMGM website.
How To Make Parlay Bets At BetMGM Sportsbook
To make a parlay on BetMGM Sportsbook, all you have to do is pick the bets you like. It’s that simple.
For example, all you have to do is pick the winner of two games and place the amount of money you’d like to bet on it.
From there, all you have to do is hit submit and you’re all set.
How To Make Teaser Bets At BetMGM Sportsbook
If you’re looking to place a teaser bet at BetMGM Sportsbook, you’ll need to add the games you want to tease to your betslip.
Once your picks are in, you can select just how much you’d like to tease the games. You can also play around with alternate spreads and make a different parlay for your combination. Each point amount comes with different odds. After you select how many points you’d like to tease, you can then place your bet.
How To Make Over/Under Bets On BetMGM Sportsbook
Placing a bet on the total at BetMGM is extremely easy.
All you have to do is pick the game you want to bet on, press O for OVER and U for UNDER and that’s it.
BetMGM Sportsbook Features
BetMGM Sportsbook offers the “easy parlay feature,” allowing you to craft the perfect parlay with ease. Once you click on the tab, lines for the most popular sports show up on the screen and you can click through the spread, totals and money lines.
This allows you to have everything you need at your fingertips to get the biggest and best payout possible.
