BetMGM Sportsbook Review
4.8

BetMGM Sportsbook Review

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BetMGM SportsBook (New Jersey) – Expert Review & Sign-Up Bonuses

BetMGM Sportsbook app was the first mobile-ready sports betting platform to go live in New Jersey. It’s a product of MGM Resort International and is powered by GVC Holdings. Backed by a trusted brand, bettors will be pleased with the innovative sportsbook platform, generous rewards, and integrated mobile apps.

Pros
  • Lots of tie-ins with MGM’s land-based Borgata Atlantic City
  • User-friendly & intuitive sportsbook interface
  • State-of-the-art mobile sports apps
  • Really interactive and innovative live betting section
  • Generous introductory offer
  • Personalize your sports betting using “favorites” section
  • Super-comprehensive FAQ lists
  • A newly refurbished software platform
  • Highly regarded & trusted gambling brand
  • Shared wallet with BetMGM Poker and Casino sites.
Cons
  • Too long a pending period for withdrawals
  • No “cash-out” in mobile app
  • Somewhat limited markets covered
  • Weak pricing on some unique/exotic bets.

BetMGM SportsBook New Jersey Highlights

BetMGM online sportsbook was first launched in Nevada a few years before the revamped version went live in the NJ market. Today, it’s one of the most sought-after gambling destinations for New Jersey sports bettors, and not without great reasons:

Stellar variety: Given that no two sports gamblers are created equal, BetMGM has done an impressive job in offering an immense variety of pre-match and in-play betting markets. For any specific sports event, match or game, bettors can wager on 100-200 or even more single bets.

It doesn’t matter if you are a fan of football; ice hockey or any other sports game in between, BetMGM has got you covered. You’ll find obscure markets like the “9th inning correct score” for MLB, the “final scoring play” in NFL, and the “last goalscorer” in soccer/MLS.

Those looking to go long can wager on outright, season-wide bets like: “Super Bowl LV Winner” in NFL; “Tournament winner” or “Conference winner” in NBA; and “Outright Winner” in NHL – there’s at least one for each game type.

As if that weren’t great enough, they can also wager on player and game props, as well as a range of punters and futures. Every type of sports bettor will certainly be hard-pressed to find a bet that doesn’t match their wagering preferences and styles.

Newly refreshed software interface: The freshly refurbished BetMGM SportsBook interface is slick, clean, clutter-free, and most crucially, super easy to use. This a true gem for rookies who may feel overwhelmed by the intricacies of sports wagering.

The ease of use and quality of the software interface transitions seamlessly from desktop to mobile. The betting markets load really fast, with no software glitches or lags. No matter your device and OS, the quality and sports betting experiences are consistently remarkable.

Multigame sports betting: Single-bet wagers usually carry less risk but are equally low-rewarding. To help you up the ante, the BetMGM sportsbook gives you a chance to build parlays across different matches, competitions, and sports.

Parlay betting at BetMGM is easier than ever. Just pick your games and respective prices from the offerings, and they will be filled on your bet slip. From here, enter your wager amount, and the payout will be updated on the slip.

What’s more, you can add more or take off some games from the slip as you do your research. You can make a multi-bet by clicking on the Parlay menu on the bet slip. At present, there are no other multi-game bets like round-robins and teasers.

Innovative & intuitive mobile gaming: BetMGM Sportsbook is available for download as a mobile app. Just visit BetMGM.com to download the respective apps. Alternatively, Apple and Android users can get them via iTunes and Google Play Store respectively.

Note, however, that if you prefer not to download the sports app or have a different mobile device (say Windows Mobile), the BetMGM Sportsbook website is fully designed and optimized for mobile gaming. Whether you’re using your browser or app, the menu offers several options, making it easy to navigate to specific sections and games.

GVC Holdings, which powers the sportsbook at BetMGM, has plenty of expertise in mobile gambling. More excitingly, the entire huge sports-betting menu available on the desktop site is also accessible on mobile.

The software platform itself runs effortlessly and the colors, animations, and graphics pop even more on mobile screens.

Impressive money lines: We can say this for BetMGM sportsbook – money line bettors are highly recommended to try this platform. That’s because the sportsbook provides money line pricing that trumps nearly all other online books available in the NJ market.

The only sportsbook that can give BetMGM a run for its money is Fanduel. Like the former, it boasts run line, spread, under/over, and other money line prices that will simply blow your boots off.

Never-ending rewards: Rewards and promotions are what set BetMGM apart from the rest, making it a truly special gambling destination for NJ sports bettors.

Upon signing up for a sports account (which has an integrated wallet with the casino & poker sections), you will be greeted with a risk-free bet worth up to $500. This welcome offer is not a bonus per se, but it’s still really valuable.

Claiming it is a simple & straightforward 4-step process:

  1. Register and deposit at least $10 into your newly created sportsbook account
  2. Download the sportsbook mobile app (available on both Android and iOS)
  3. Make your first risk-free bet
  4. If the bet loses, you will get up to $500 back, paid in 10 equal free bets.

Let’s say your first risk-free bet was worth $300. If it does lose, you will get $300 back in ten free bets each worth $30. You should receive these within 24 hours after your initial wager is settled.

Note that wagers made using free bets are paid in winnings only (exclusive of the free bet value). You must use the free bets within seven days of them being issued, and the “Maximum Payout” rule applies.

Aside from welcoming you like a king to its no-frills, intuitive and clean software platform, the sportsbook also offers some of the most notable promotions.

If you choose to join the so-called Money Monday Club, you will be rewarded with a $10 free bet on Monday. To qualify, however, you must have wagered at least $50 in real money bets Monday through Sunday during the past week.

That’s just the beginning. Fans of basketball will be delighted to know that they can receive up to $100 in free bets when they make qualifying in-play wagers. NHL lovers, on the other hand, can snag a free live bet on a weekly basis.

There are a plethora of other different sports promotions, plus Parlay Insurance (where you get your stake back for parlays) and Power Parlay Leaderboard (in which up to $3,000 in prizes are up for grabs).

Amazing tie-ins with Borgata Atlantic City: MGM runs a physical sportsbook at their Borgata property in Atlantic City, NJ. Online sports players should be excited to know that there are multiple tie-ins with the land-based gaming house.

For example, players can link their online rewards program to M Life, the comp-points system available for members across all MGM properties. More importantly, they can deposit or withdraw cash by stopping by any cage at Borgata Casino AC.

Sign-up Process

Signing up with BetMGM SportsBook is fairly easy and straightforward, but the registration form is slightly more elaborate than most would expect.

From the homepage, simply select the light grayish orange “REGISTER” button available from the static header on the top-right side of the page. The sign-up form will load successively in four individual windows:

Personal details: In this window, you will need to provide basic personal info, including your salutation, first & last name, date of birth, and email address.

Create login credentials: In the second window, you will be required to create a unique username and password, as well as providing your phone number and the last 4 digits of your Social Security Number.

Contact details: As expected, you will be asked to enter your full physical address, which, of course, must be situated within the state of New Jersey.

Security and bonus details: In the 4th and final window, you will need to choose two security questions and provide their answers. Additionally, you can enter a bonus code if you have one (for BetMGM Sportsbook Free Bet).

Providing accurate information is imperative and standard procedure for signing up with all NJ gambling sites. SSN and security questions are a crucial part of safe gaming. For its part, BetMGM has some advanced safety measures to make sure your data is safe and private, including firewall systems and the latest SSL-encryption.

Remember that you must be over 21 and be present in New Jersey to be able to sign up.  For this purpose, you may be asked to provide additional verification documents, including:

  • Bank statements or utility bills
  • A copy of your driver’s license
  • Other forms of IDs.

Even still, the sign-up process should be fast and fuss-free, taking five minutes at most.

Ease of Use

BetMGM is a product of Roar Digital, a joint venture shared equally between GVC Holdings and MGM Resort International, two well-known brands that have been active in the gambling industry for decades. The duo’s years of experience have paid off, and this is clearly demonstrated in the quality, functionality, and interactivity of this sportsbook website.

The site has a no-frills, clean, and user-friendly design with a sophisticated dark theme reminiscent of the iconic MGM brand. Although the navigation menu is extensive, it’s reasonably easy to find your way around the sportsbook.

The popular/top games, as well as expandable categories, are found on a static panel on the left-hand side of the site, making it effortless to find your favorite sporting events. The same ease of use translates to the upper menu options, with links to popular games, including NHL, in-play markets, NBA, soccer, football, basketball, boxing, golf, MMA, tennis, and more.

Your favorite sports game isn’t featured in the popular section? No problem – just click on the A-Z category to see a complete list of all sporting events available.

Another feature that takes the limelight is the favorites function. When logged in, simply click or tap the star icon beside any team, player or match to add it to your individual collection of favorites, all housed for you in one central spot. Subtle touches like this are how BetMGM is able to offer the optimal sports betting experience. This also makes the sportsbook really user-friendly to rookie players.

Another aspect of the site’s UX is the Cashier section, which offers an array of practical and cost-free deposit methods, such as credit/debit cards, ACH, online banking, Play+ prepaid card, cash at the cage, and eWallets. Good thing the same methods can be used to move funds out of your sportsbook wallet.

BetMGM SportsBook New Jersey Deposit Options

MGM is a well-established gaming brand with a healthy, long-standing relationship with most payment processors. This is apparent in its selection of deposit options that include standard credit and debit cards, online wallets, instant electronic checks, nifty online banking methods, and creative payment means such as paying with cash at the Borgata’s main cage in Atlantic City.

With such a diverse list of banking options in place, every player will definitely find a payment method to suit their gameplay and preference.

The minimum amount you can deposit at BetMGM is $10 regardless of the payment method, and USD is the only currency accepted at the site.

Another important thing to note is that deposits are limited to $1,500 per day for most players. If you are a bulk or high-roller player, however, you can request the daily cap be reviewed and BetMGM may push it beyond $10,000.

Depositing at the site is easy, secure, and all payment transactions should process instantly.

When you are ready to deposit funds into your online sportsbook account, you can do so on the app as follows:

  • ACH/eCheck: Also known as VIP Preferred e-check, this is the most recommended method at the site. You’ll have to provide your bank’s account number, routing number, and DL, and money will be moved directly from your bank account to your sportsbook wallet.
  • PayPal: A great, secure eWallet loved by many. You can fund your BetMGM.com online account via your PayPal balance or your listed bank account/credit card.
  • Skrill: Another fantastic eWallet, and way cheaper than PayPal.
  • American Express: Use any Amex-branded cards to deposit money into your BetMGM online wallet. You may be charged a small fee depending on the card tier.
  • PayNearMe: You can pay with cash at any local retail outlets like 7-Eleven.
  • Online Bank Transfer: A safe & reliable method to move large amounts of money into your BetMGM.com account. You must enable the ‘Pay Bill’ on your online bank account.
  • Play+: Sign up for a BetMGM Play+ prepaid card which can be loaded using a credit/debit card or bank transfer. This is a preferred method for players planning to play at the site regularly.
  • Visa/MasterCard: Classic credit cards and debit cards should work. However, some banks may not process deposits made to iGaming sites at all, while for some cardholders, every transaction may trigger a small processing fee.
  • Cash at the Cage: Drop by any cashier window at MGM’s Borgata Hotel Casino & Spa Resort in Atlantic City, NJ, and use cash, credit card or debit card to fund your sportsbook wallet at the casino’s cage. Have your driver’s license and online account info handy.

Don’t forget that you can reach BetMGM’s customer support reps at any time for help in case you’re faced with challenges when depositing.

BetMGM SportsBook New Jersey Withdrawal Options

You can withdraw funds from your BetMGM online account via nearly all the same methods able to make deposits.

There is a minimum withdrawal limit of $10, which is favorably low. All cash-outs at BetMGM.com are capped at $10,000 per transaction, which is also fair.

As a general rule, all withdrawal requests should take between 24 hours and 48 hours to process. BetMGM reserves the right to hold withdrawn funds pending for up to five days, which seems relatively long and unfair.

We did a bit of investigation, and while we did not come across any complaints about players not getting their payouts, there were some who’d had a problem with the five-day processing period.

Withdrawal methods currently available at BetMGM are:

  • BetMGM Play+ Prepaid Card
  • ACH/eCheck
  • PayPal
  • Skrill
  • Visa/MasterCard (only to credit cards issued outside of US)
  • Online Bank Transfer
  • Cash at the Cage of Borgata Casino & Spa Resort Atlantic City
  • Check by mail.

EWallet and Direct Bank Transfer withdrawals are deposited instantly once the mandatory pending processing time elapses, while you can expect checks to be delivered by mail within 7 and 14 days.

BetMGM SportsBook New Jersey Popular Games

On BetMGM SportsBook in New Jersey, you can wager on virtually every sporting event you could imagine. The book is home to some of the most popular sports franchises, leagues, and competitions happening here in the US and across the globe.

The sporting franchises represented at the sportsbook site include:

  • Formula 1
  • ICC Cricket
  • MMA
  • UFC
  • Rugby Union
  • NASCAR
  • WTA Tennis
  • Rugby League
  • ATP Tennis
  • Pro Golf
  • NHL Hockey
  • NCAA College Basketball
  • NBA Basketball
  • NFL
  • Major League Baseball
  • Bundesliga Soccer
  • Serie A Soccer
  • English Premier League Soccer
  • Spanish La Liga Soccer
  • French Ligue 1 Soccer
  • European Champions League Soccer
  • PDC Darts.

The list goes on and on. There are hundreds of betting markets across over fifteen popular sports, including Soccer, American Football, Ice Hockey, Tennis, Darts, Boxing, Motorsports, Golf, MMA, Aussie Rules, and much more.

Each and every major world sporting event on the calendar is covered, and they include Olympic Games, Oscars, FIFA World Cup, Final Four, World Series, Super Bowl, and many more in between.

For every sports game available at the site, bettors have a variety of wagering options that include:

Moneyline Betting

Popularly called American Odds, money betting is the easiest and perhaps the most straightforward way to bet on the outcome of a match without having to crunch lots of numbers.

In a money-line bet, there are only two outcomes, and if you select the winner, you will get paid. The odds are determined by bookmakers and displayed on the sportsbook at the highest level of the event.

Technically, odds for money-line betting are calculated relative to earning $100 and expressed as a negative or positive integer.

When you wager on the favorite team, you’re making a negative money-line bet. For example, let’s say the odds of Boston Celtics beating LA Clippers are -200. That means if you bet $200 on Boston Celtics and they win, you will win $100 for a total return of $300.

Wagers made against the run of play (a fancy way of saying you’re betting on the underdogs) are positive money-line bets. Here’s an example: if the odds of LA Clippers (the underdogs, in this case) winning against Boston Celtics are +200, then betting $100 on them will win you an extra $200, so you will take home a total of $300.

At BetMGM Online Sportsbook NJ, placing money-line bets is a breezy process. Every event or competition has two big light-gray buttons indicating each team and listing the relevant money-line (mostly in decimal format).

3-Way Bets

Three-way betting is applied to games where a tie is possible, most notably soccer.

Making a 3-way bet is another simple way to wager on a sports game at BetMGM Sportsbook. That’s because each competition has three big light grey buttons identifying the odds of the home team winning, a tie, and the away team winning–in that order. This format is called 1X2.

Here’s an example: Manchester United vs. Liverpool – 1(2.02), X (3.15), 2(3.76)

If you bet $100 on Manchester United and the team wins, you will receive $202 inclusive of the stake. If you go for a tie, instead, and the game ends in a draw, then you will get a return of $315 including the stake.

This is a WYSIWYG (What You See Is What You Get) type of sports-betting system.

Point Spreads

Instead of wagering on the outright winner of the game, the point spread system allows you to bet on whether the favorite will win by a big or small margin.

In sports betting lingo, the spread is the number of points by which the favorite (often called the ‘chalk’) is expected–by the bookmakers–to trounce the underdog.

Essentially, you are betting on a team to either cover or fail to cover the spread. Like most NJ online sportsbooks, BetMGM point-spread odds are typically expressed as money-lines.

In a basketball game between Boston Celtics and LA Clippers, for instance, sportsbooks will most likely favor the former with odds of 1.87 to cover the spread by least three points (expressed as +2.5 in money-line), and not to cover the spread at 1.97 odds.

If you bet $100 on Celtics to cover the spread, and the game ends with the favorite ahead by two or more points, then you will win a total of $187. If they win by fewer than two or lose the game to LA Clippers, then your bet loses, either way.

If you bet on Celtic not to cover the spread and they don’t, then you will receive a total of $195 including the original stake of $100.

Over/Under (Totals) Betting

Totals or Over/Under bets are what they sound like: you are wagering on the possible total points scored at the end of a game.

Sportsbooks such as BetMGM sets the base total points which differ from sport to sport. In soccer, for example, the standard base score is 2, 3, 4, etc. Similarly, in basketball, the base points can be 169, 179, 189, etc.

Let’s say the set Totals for Celtics vs. LA Clippers game are set at 189 with odds Over/Under — 1.87/1.95. If you “take the Over 189” with a bet of $100 and the game ends 110-87 for a total of 197, then you will win a total of $187.

If the game ends with total points of 189 (the exactly predicted number), then the wager is “pushed” and you get your stake back. You neither win nor lose. If the final point count is less than 189, then the bet loses.

On the other hand, if you bet on Under 189, and the final outcome is 167, then you will receive a total of 1.95x$100 = $195 inclusive of your stake.

Live in-Play Betting

Live in-Play or in-Game betting is a recently-introduced sports wagering system that allows players to wager on events when the game is underway. This is a great way to get in on the action even if that game has already started.

At BetMGM Sportsbook, you can make the following in-game bets:

  • Money-line bets
  • Over/under bets
  • Point spread bets
  • Outright winners (3-way bets).

This fast-paced betting allows bettors to make wagers in between halves, innings, holes, quarters, and other forms of periods in sporting events.

Parlay Betting

Sometimes called Multi-Game, Accumulator or Multi-Bet betting, parlay betting means bunching up several single bets to form one, high-returning wager.

For instance, you can bet on Boston Celtics to win (odds: 1.67), LA Lakers to win (odds: 1.57), and New York Nicks to score 3 or more points (odds: 1.53). This is called a 3-game parlay, and it will have a total odds equal to the multiple of the three individual odds — that’s 1.67*1.57*1.53 = 4.01

So, instead of winning just $167 for a $100 bet on Boston Celtic winning, you can rake in more than $400 for a similar wager amount by betting on a positive result on all three events. The downside is that your bet will automatically lose if any of the bets on your slip end up losing.

BetMGM SportsBook New Jersey Loyalty Program

BetMGM has a loyalty rewards scheme called the iRewards Online Loyalty Program, in which you earn comp points by making casino and poker wagers. This online rewards program is tied to the M-Life card, allowing players to earn and redeem points both online and at several land-based MGM properties.

Unfortunately, sports-betting on the BetMGM SportsBook doesn’t earn any iRewards points. And neither is the sportsbook linked to the MGM’s Borgata Casino, which means there isn’t any connection to the existing loyalty programs such as the M-Life rewards program.

Rather, sports bettors at BetMGM can enjoy stand-alone rewards like free bets, cashbacks, and other promotions geared toward the sportsbook.

BetMGM SportsBook New Jersey Website

The BetMGM sportsbook website is well-designed, streamlined, and fast-loading, but you can’t help but feel that something is missing from the execution standpoint. Don’t get me wrong, though; the design and layout of the site are spot on.

However, some BetMGM Casino ads keep sliding beside sportsbook promotions. Yes, the casino, poker, and sportsbook sites are integrated, but this lends the impression that BetMGM would rather you play casino games than bet on sports.

Outside of that, the sportsbook’s site is user-friendly and clutter-free. There are several static panels, categories, and sections, including the right-placed Bet Slip, left-positioned Popular & Top Sports, and the Upper Menu. From here, you can easily access the most important sports games, from NBA to NHL.

The static bet slip feature is very resourceful because it allows you to monitor your action from any place on the site. You can also access your starred sports, players, and competitors from the “Favorite” section, which is another fantastic tool.

Alternatively, use the search feature to find a specific player, team or competition, which makes it a super handy function given the sheer size of the sportsbook.

On a slightly negative note, the BetMGM site makes players jump through a few hoops to be able to access support functions such as email, live chat, and phone number. This is a small downside, but definitely not a deal-breaker. Even better, there’s a massive help center, one so big and useful that you may not have to ever involve live representatives.

BetMGM New Jersey SportsBook App

The sportsbook mobile app is easily our favorite thing about BetMGM. It’s way ahead of the pack among other NJ online sportsbooks. The sports-betting platform was built in-house by GVC Holdings, a brand that has been focusing on mobile gaming for years.

To be quite honest, the sports-betting markets, features, and everything else work better on the app than on the desktop website. Despite being high-performing, the sports app is remarkably lightweight as a betting platform with a no-frills, clean and smooth layout.

Don’t expect to find awkward buttons or stray menu items. The graphics are incredibly rich, and colors and icons really pop, with no software glitches or lags. There’s an innovative menu at the bottom that makes it easy to navigate to bet-slip, bets, promotions, in-play bets, sports, and other sections.

There are two versions of the sportsbook app, one designed for Apple iOS users, and the other for Android device owners. The app can be downloaded from BetMGM.com, Google Play or App Store.

From our tests using a variety of mobile devices, the sportsbook works like a charm on Android smartphones, iPhones, tablets, Samsung phones, and iPads. Both the mobile playability and interactivity are spot on.

BetMGM SportsBook New Jersey Contact Information

  • Self-Help: Check out BetMGM’s interactive FAQ page here
  • Phone: 1-609-248-9531
  • Live Chat: This option is available through the interactive help page
  • Email: Fill out the email support form here.

BetMGM SportsBook New Jersey – The Verdict

BetMGM Sportsbook NJ is one of the most exciting online sportsbooks in New Jersey, mainly because of its outstanding mobile apps.

The promotional offers for the sportsbook are also incredible. First off, new customers are welcomed with a valuable sign-up offer of free bets worth $500. There are free bets for existing bettors too.

Both the sportsbook site and app are loaded with sports betting available across multiple popular games, including football, soccer, NHL, NBA, basketball, Formula 1, tennis, rugby, and much more.

Throw in a variety of deposit & withdrawal methods, unbeatable mobile gaming, user-friendly interface, and modestly strong customer support, and you are left with a truly authentic and vibrant sports-betting experience.

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