BetMGM Promo Code NY & Sportsbook Review

BetMGM SportsBook Promo Code & Welcome Offer March 2023

New BetMGM customers in New York are rewarded with a fantastic one-time offer. Simply sign up, make a deposit, place your first wager and if it loses you’ll get a risk-free bet worth up to $1,000.

To be eligible for BetMGM’s welcome offer you’ll need to be located in New York or any of the other states in which it legally operates. There’s no promo code required to access the BetMGM sign-up offer.

BetMGM Sportsbook Welcome Offer

BetMGM’s risk-free bet offer has a maximum top limit of $1,000. That means if you place a first wager of $100 and it loses, you’ll be credited with a bonus of $100. If your first bet is a successful one then you’ll receive your winnings as normal.

Any first bets you place that are $50 or over will receive BetMGM credit split five ways. So if that $100 first bet loses, you’ll get five free bets worth $20. If your first wager is $49 or under then you’ll receive a single free bet to that value.

Free bets will be credited quickly but in any event will be in your account within 24 hours. You can’t withdraw the value of the free bets. They must be used to place additional wagers and if they win you’ll receive the profits.

How To Claim Your BetMGM Welcome Bonus

To bag your BetMGM welcome bonus you’ll need to meet all the requirements for registering a new account. It isn’t available to existing customers. You don’t need to enter a promo code to receive the new user risk-free bet offer. However, occasionally BetMGM will boost its welcome bonus with a valid promo code; remember to check back regularly because NYSafeBets brings you all the new BetMGM promo codes as they become available.

BetMGM Sportsbook Promo Terms & Conditions

There is a minimum first deposit of $10 needed to qualify for the BetMGM welcome bonus. The free bets credited expire within seven days. There is no minimum odds requirement for the first bet to qualify. The risk-free bets credited have just a 1x playthrough requirement so you’ll immediately receive the cash on any winning wagers when using them.

You can’t use the free bet tokens on any other MGM brands such as its casino and poker sites, and the value(s) of any free bets are not returned as winnings, which is something to be aware of. Any bets that are voided will not be included in the promotion and the free bets credited can only be used on a valid straight bet or parlay, so you can’t split them between different wagers.

BetMGM Welcome Offer Vs Other NY Sportsbooks

BetMGM’s New York welcome offer is one of the most generous out there in terms of the size of bonus available. Of course, you’ll have to make a sizable deposit to max it out, but the option to place smaller stakes than $50 and receive multiple free bets will make it appealing for those who don’t want to lump all of their received credit on one winner-takes-all flutter. This also means you have more opportunities to see a return on your free bets, and the 1x playthrough requirement is excellent for releasing any winnings.

If it’s a first risk-free bet that whets your appetite, then BetMGM’s welcome offer compares favorably with the best of the rest. The BetMGM sign-up offer matches that of FanDuel, though Caesars slightly tops it with a maximum of $1,100. BetMGM's risk-free bet value of $1,000 trumps similar offers from PointsBet and Resorts WorldBET which are both capped at $500.

For anyone trying out each of the best NY sportsbooks, and who doesn’t intend to make a big first bet, then WynnBET may be a better option as for just an initial $10 stake new users are rewarded with $200 worth of free bets. Alternatively, if you fancy placing several bets from bonus credit earned, the matched deposit offers at DraftKings and BetRivers will land you up to $1,000 from the former and a lower $250 at the latter. You can use both to mix and match wagers. N.B. DraftKings' higher bonus does reflect its more onerous playthrough requirements than that of BetRivers.

BetMGM Sportsbook Review

With its user-friendly interface, range of betting popular options and generous promos, BetMGM is one of the leading sportsbooks in New York. The whole user and betting experience is a sweet one with a great desktop site and mobile apps that are among the best in the industry.

The entertainment and gaming giants behind BetMGM make for an appealing and exciting sportsbook package that rates highly in all areas. The company’s operations in other worldwide gambling markets are reflected in its promos which are pretty unique among NY sportsbooks. And with such a vast portfolio, BetMGM customers are also offered one of the most extensive and generous loyalty programs with rewards from across the MGM brand’s operations.

BetMGM NY Bonuses & Promotions

As well as its enticing welcome offer, BetMGM has a host of regular promos that are refreshed regularly. You’ll typically find up to a dozen ongoing promotions that reward bettors after they’re on boarded and have continued playing through BetMGM’s sportsbook platforms. Here’s a few popular promotions you might find at different times of the year:

The BetMGM Monday Money Club is a mainstay and is one of the best repeat bet offers currently available in NY. To receive a weekly $10 free bet, you’ll need to opt into the promotion and stake $50 between Monday and Sunday. The free bet drops into your account the following Monday provided the $50 has been staked on markets with odds of -300 or greater. Qualifying wagers count for any sport although cashed out bets will be excluded from the running total. It all means you don’t have to be a big betting spender to earn the free bet bonus with just a handful of qualifying wagers needed to receive it each week.

If you’re a fan of the NFL then check out BetMGM’s Thursday Night Halftime Payout promo. The Halftime Payout offer is valid for every Thursday night NFL fixture. It applies when you place a moneyline bet of up to $250 on a game and if your selected team is 10 points ahead or more at halftime your bet will win regardless of the final score. The offer is great for protecting against blown leads. To really gain value from it, backing an underdog to race into a strong scoring position in the first half will return a decent profit without the second half nerves of watching them fritter it away.

BetMGM also offers same game parlay insurance on various sports matches including those in the NFL, NHL, NBA, Basketball Champions League and some soccer games. Every bettor who’s ever placed a few parlays knows that sinking feeling when one line fails to win. The BetMGM One Game Parlay Insurance promo means that if you place a same game parlay bet with at least four legs and one lets you down, you’ll get your stake back in the form of free bets. Matches that are valid for placing a same game parlay on the BetMGM sportsbook will display the ‘SGP’ logo so you can easily identify them. Also look out for BetMGM’s regular parlay boosts that can return up to 40% extra in profit on winning multi-line wagers.

Like all of the top NY sportsbooks, BetMGM also has a ‘refer a friend’ promo. Share the love of sports betting by opting in and sending someone a unique referral link. Once that person signs up with BetMGM and places a first bet of $50 they’ll receive an additional $50 free bet. Once they play through the bonus once, you’ll also receive a $50 free bet. With the chance to refer up to 20 friends, BetMGM’s buddy offer is one of the best of its kind in New York and can net you up to $1,000 in additional free bets.

Finally, the BetMGM Rewards scheme is one of the best and most comprehensive loyalty programs around. It features across the MGM portfolio and you climb up its tiers based on how many credits you earn. The more you stake at BetMGM, the more points you’ll earn. For example, a $25 parlay with minimum odds of +300 will land you with 20 reward credits and a $100 straight futures bet on odds of at least +1100 returns 30 points. Once you hit 2,800 points you can exchange it for either a $25 free bet or $10 cash. Reward credits can also be exchanged for online casino bonuses, discounts on MGM hotel bookings and priority access to competitions and all manner of events.

About BetMGM Sportsbook

BetMGM is part of the larger ROAR Digital brand, a 50/50 venture between MGM Resorts International and London-based gambling giant Entain. You’ll likely recognize some of the other sports betting titles in Entain’s portfolio that include Coral, Ladbrokes, Bwin and SportingBet.

MGM Resorts need little introduction either as the brand is amongst the world’s largest casino-entertainment businesses. The MGM-operated Bellagio is one of the most famous casinos on the Las Vegas Strip, and the company also owns the gambling mecca’s biggest hotel, the MGM Grand and its City of Entertainment casino.

Launched in New York state in January 2022, BetMGM also operates either online or retail sportsbooks (or both) in over 20 other regions in the US. The only other countries in which the company operates under its BetMGM brand are Costa Rica with a retail sportsbook at the La Concha Resort and in Ontario province, Canada.

As at April 2022, BetMGM ranked as the fourth biggest NY sportsbooks by market share which stands at just under 5%. BetMGM took $142.2 million in wagers during the opening month of Q1 2022-23. That figure compares with $600 million at FanDuel, $327 million at DraftKings and $216 million for Caesars.

BetMGM Sportsbook NY Mobile Apps & Website

The BetMGM NY sportsbook has as big a variety of sports as the majority of its main rivals. All of the mainstream US sports are neatly listed including football, baseball, hockey and basketball. The most ‘exotic’ that BetMGM gets in its sporting choices is probably Rugby Union, although that’s limited to the 2023 World Cup, and there are no sports at the more 'niche' end of the spectrum such as snooker and table tennis. Regardless, BetMGM covers all of the top sports, competitions, leagues and events that most users will ask for.

BetMGM’s web and mobile platforms possibly aren’t quite as snazzy and high-tech as some of its competitors including DraftKings or PointsBet, but for many customers that might not be a bad thing. Everything is logically arranged, easy to navigate and without clutter or irritating distractions. BetMGM has apps for iOS and Android that are standard across the US, though its desktop site has different platforms for different states.

The whole experience of using BetMGM’s sportsbook is high-class and you won’t get into the site without bumping into award-winning actor and brand ambassador Jamie Foxx. It all brings a touch of Hollywood 'A' List to BetMGM’s sportsbook proceedings.

BetMGM iOS Mobile App

The BetMGM iOS app is one of the best there is for NY bettors and that top grading in all areas is reflected in its 4.8 rating on the Apple App Store - one of the highest among all New York iOS sportsbooks. The app is packed with features and it's all very clean to look at with straightforward navigation and slick scrolling for the most part. The black and gold brand colors are set against a mainly white main area that makes for easy reading and quick-to-find key items. The big matches of the day and best promos on offer scroll along the top of the screen.

Speed of loading and stability are generally very good, though some users report occasional slow periods and freezes. The latest BetMGM iOS version launched in April 2022 though and seems to have fixed most intermittent issues. New markets, price boosts, flash promos, extensive parlay options and prop bets are all among the positives reported by BetMGM’s Apple user community. The option to toggle on mobile alerts for events in which you’ve placed a bet is also great for tracking progress. 

All in all, BetMGM’s iOS app is an elegant affair that’s straightforward to use and perfect for those looking to make bets fast and easily whether on the go or making a quick pick at home.

BetMGM Android Mobile App

Similar to the things Apple users enjoy most, the BetMGM Android App provides a supremely accessible browsing and betting experience. A 4.4 rating on the Google Play Store suggests BetMGM is up there with its competitors, with the highest-ranked NY sportsbooks Android apps only scoring a fraction or two higher. Android users rate BetMGM’s promos highly too and a fair number have noted a quick bonus offer appearing after a losing bet to get them back in the game quickly.

Android app users might take a little while to become accustomed to BetMGM’s handheld layout when it comes to locating the bet they want. It’s all there but the wide variety of markets, bet types and specials can appear under different menus at different times. However, the in-app search function is always available to enable swift navigation to exactly where you want to be.

BetMGM’s ‘Edit My Bet’ feature is a great alternative to the usual live betting options found on most sportsbook apps too. Clicking on the relevant button gives options to change a straight or parlay bet when it’s in progress or cash it out - ideal for those who wager on live sports action while watching it. Overall, there’s a lot to like on BetMGM’s Android app and it only gets better once you’re familiar with everything going on.

BetMGM Sportsbook on Desktop

There are very few differences between BetMGM on its apps and its desktop version. The sophisticated theme continues on the wider screen layout. The top bar on the website gives quick access to the main sports markets and BetMGM’s promotions page plus live betting offerings. It’s also from here that you’ll land straight into BetMGM’s ‘Easy Parlay’ builder. Perfect for parlay superfans or anyone unfamiliar with loading lines onto their bet slips, the ‘Easy Parlay’ page takes the tedium out of making multiple selections. You can set certain limits for your parlay including odds and a minimum desired payout and quickly choose from all the available spreads, totals and moneylines in the day’s big games.

Live betting options are easy to access on all BetMGM platforms along with any streaming events underway or upcoming. In fact, on BetMGM’s desktop site any current broadcasts are listed under the ‘Media’ dropdown on the main lobby page so even if you just want to take in some action rather than bet on it, you just need to be logged in to do so.

The live betting page is also ahead of most as it offers several customizable options. You can pick at-a-glance odds from the drop-downs at the top. For example, if you're following a live tennis match you can toggle between ‘next game winner’, ‘who will win the set’ and ‘handicap’ markets. As opposed to sportsbooks websites that hide the betslip so as not to clutter the screen, BetMGM will maintain a view of your current selections on most pages. To sum it all up, BetMGM’s desktop presence is very calm and cool, and some folks may even find it easier to use than the apps.

BetMGM User Experience

BetMGM as a sportsbook experience largely sets a differentiated standard from its rivals. That makes BetMGM something of a must to add to your sports betting arsenal. Having not been around as long as some (it is only three years old), it’s now that BetMGM is entering the sphere of major sportsbooks. The MGM brand has long been a bold one in the casino space and that combined with its big betting partner in other parts of the world has made for an exciting entrant into US sports gambling.

BetMGM as a sportsbook benefits from retaining a separate identity from its casino sibling. BetMGM is only going to get bigger as its reach broadens, so a focused assault on the sportsbook space bodes well for an ever-progressing user journey. The BetMGM interface on all platforms is a strong one for every kind of sports betting customer. Building bets is supremely easy thanks to BetMGM’s unique functionality and many rave about its great offers. BetMGM offers rich content across its own sites and those of its partners and it’s also one of the most active sportsbooks on social media.

BetMGM Customer Service & Support

BetMGM offers customers every support option you’d expect from a top-level sportsbook. Help is immediately to hand with a quick access button at the upper right corner of every desktop and app page. Users generally rank BetMGM’s assistance as good. However, with so many registered users and millions upon millions of bets being placed all of the time, there are some reported gripes.

When accessing customer support online, BetMGM will immediately direct you through a few questions relating to your query to pop up some relevant help topics. It’s all rather intuitive and the info provided isn’t too onerous to read through like it is at some sportsbooks. If the preloaded answers to common questions don’t provide what you need, the page will helpfully ask if you require more assistance and offer the options of live chat or sending an email to customer service. BetMGM lacks the more extensive guides to sports and betting that some of its competitors do though it must be said.

Live chat at BetMGM is available 24 hours a day seven days a week so if you run into a problem outside of regular office hours, say when betting on an event in another timezone, you’ll find that an agent is available. They’ll mostly respond quickly even in the early hours of the morning. Some BetMGM customers suggest that they’ve been passed between different agents or that their query wasn’t adequately resolved at the first attempt though.

If you haven’t the time to chat with an agent directly, you can send BetMGM a direct message through its website and apps. You can upload a screenshot to visually depict your issue or problem page too which is cool. Response times seem to be good and in line with most other sportsbooks. The majority of direct message inquiries will receive a response in just a few hours or better. You can also send an email to support.ny@betmgm.com. It’s worth noting that BetMGM does not readily offer customer service on the phone. That might be a tad frustrating for some.

BetMGM Registration & Cashiering

How To Register At BetMGM Sportsbook NY

There are just a few requirements to register a new account at BetMGM. Following some simple steps will have you signed up and ready to play in just a few minutes. To meet state gambling regulations new users of any sportsbook need to be aged 21 or over and be able to submit some id verification documents. You’ll usually be asked to upload scans of your photo id and proof of address before you make a first withdrawal request.

To join BetMGM head to its New York website or download the app from either the Apple or Google store. Click on the ‘register’ button at the top right-hand corner and you’ll be asked to enter an email address and password. Following that you’ll need to enter some personal details including the last four digits of your Social Security Number (SSN) and then your name, date of birth, address and cell phone number. Set a couple of security questions and your account will be created.

Alternatively, thanks to its unique partnership with Yahoo Sports you can register a new BetMGM account with your Yahoo credentials. The integration of the two sports portals means you can place bets from Yahoo without having to download the BetMGM app.

You can also link your new BetMGM account to a PayPal one if this is going to be your preferred banking method. Click on the relevant button from the BetMGM registration page and you’ll be directed to log in to your PayPal account and connect the two accounts. From there you’ll follow the standard BetMGM sign-up process.

BetMGM Banking & Payment Options

BetMGM offer all of the main deposit and withdrawal methods with details as follows:

How To Deposit At BetMGM SportsBook NY

Making a deposit into a BetMGM account is quick and easy. Access the ‘My Account’ menu, select ‘Deposit’ and follow the onscreen prompts to choose an amount and input the payment method details. Funds should be available in your BetMGM account within minutes.

How to Withdraw Winnings At BetMGM SportsBook NY

Withdrawing winnings from a BetMGM account is not only a thrill but also easy to do. Access the ‘My Account’ menu, select ' ‘Withdrawal’’ and follow the onscreen prompts to choose an amount and which banking method you’d like the funds to be sent to. All BetMGM withdrawals undergo a validation process but in most cases will be credited within five business days.

BetMGM NY Betting Options

As one of New York’s biggest sportsbooks, there’s a whole lot to bet on and follow at BetMGM. With access to the top sports, most popular competitions, leagues and matches, it’s super easy to keep track of your wagers from the ‘My Bets’ menu and you can add events and teams to follow with your own ‘Favorites’ listings. Plus, the ‘Edit My Bet’ feature enables you to follow the action and, say you feel a team is looking strong and heading for a good finish, you could up the spread from its pre-game forecast for a bigger potential profit.

Bet Types At BetMGM Sportsbook

All of the most popular bet types are on offer at MGMBet with competitive odds on futures, moneylines, totals, spreads and parlays. The following are just some of the highlights..

Moneyline Bets

In various sets of analysis, BetMGM regularly features at the head of the odds leaderboards for moneyline bets. BetMGM rates particularly well for NFL and NBA pricing and daily odds boosts only enhance that standing. 

Moneyline markets are extensive at BetMGM - as you’d expect - and straight bets are always the easiest to place making them ideal for newcomers. If you’re a more seasoned bettor who likes to compare odds before making your picks, it means BetMGM's prices are a must to check out.

Parlay Bets

BetMGM makes parlay betting easy, rewarding and fun. With regular promotions, same game parlays and combinations are some of the best bits of BetMGM’s sportsbook. The parlay builder on BetMGM’s platforms puts bettors in control of the lines they’re adding, the odds that accumulate, and enables a quick assessment of the stake required to make a certain level of profit. 

For those new to betting, a unique aspect of BetMGM’s offering is the randomized parlay generator. That’s not to say the sportsbook will pluck picks out of thin air though. Users can set the odds they’re seeking and BetMGM’s nifty software will create a parlay to suit based on the day’s upcoming contests. It makes for a fun feature for anyone unsure what to wager on and hoping for a lucky bet.

Prop Bets

BetMGM is one of the best sportsbooks for prop bets thanks to the huge range of options available. It’s also a great betting platform for those slightly rarer prop bets that might not be on offer elsewhere. You’ll find everything from first-period hockey overs/unders to top five, 10 and 20 props for golf tournaments. 

Player and game-related prop markets are easy to access and switch between, and they’re all neatly laid out to avoid the seemingly endless scrolling that dogs some of the other big NY sportsbooks. For all major sports, clicking on the ‘All Wagers’ link will bring up all of the available props available for each game.

Sports To Bet On At BetMGM

Whether it’s an individual player you follow throughout the year, a team you support during the season, a particular competition that you’ll be immersing yourself in, or even a cross-game parlay and the weekend’s big events, BetMGM features all of the top sports most loved by New Yorkers along with a few exotics. Here are just three of the BetMGM sporting highlights..

Bet On Football At BetMGM

Every match day and game night, BetMGM has hundreds of markets for the biggest football fixtures. You’ll regularly find odds that are generally better than some of its NY competitors. BetMGM’s super easy parlay builder and props bet selector are both fantastic for NFL fans. 

Keep an eye out for the extra special Lions Boosts that appear just once a day when football fixtures are scheduled. Applicable for straightforward bets such as the moneyline, Lions Boosts are never massive but are a big enough odds hike to make a difference. For NY football fans, BetMGM content can also be found on the official New York Jets app.

Bet on Baseball At BetMGM

BetMGM excels in the baseball betting arena thanks to its ever-present and comprehensive parlays and props options. Futures markets for the World Series are available on BetMGM, though a few other sportsbooks offer a wider variety of baseball competitions with leagues from across the globe. 

Regardless, BetMGM has some of the best odds for US baseball betting and was the very first gaming partner of the MLB back in 2018. That enables BetMGM to provide its customers with exclusive and enhanced baseball stats to provide extra insight for your picks.

Bet on Hockey At BetMGM

With their Madison Square Garden tie-in, BetMGM is an official sports betting partner for the New York Rangers, Devils and Islanders hockey teams. That affords the BetMGM brand exclusive promo space at the MSG. 

All of the big NHL fixtures feature on BetMGM and you’ll even also find world hockey competitions including the Russian Kontinental Hockey League during the Europe-Asia contest’s season. NHL legend Wayne Gretzky recently signed up with BetMGM as its hockey ambassador to front the brand’s ice promos during the season.

BetMGM Sportsbook Comparison

Since launch, BetMGM has quickly positioned itself as one of the ‘big four’ NY sportsbooks. BetMGM stands alongside FanDuel, Caesars and DraftKings as the most popular sports betting providers in New York state. BetMGM has always been clear that it achieves this with ‘swagger, greatness and excitement’. Its welcome bonus and ongoing promotions and boosts stand with the best in NY.

If it’s the case that a sole sportsbook will achieve everything you seek, then choosing BetMGM will do it all. Alternatively, if ‘line shopping’ for the best promos, odds and value is your thing then running BetMGM alongside a selection of the other NY sportsbooks is also a great choice.

There are upsides and downsides when comparing any sports betting platform. For example, some will find that FanDuel and DraftKings offer a smoother bet selection experience with more depth, while others will value the enhanced control and flexibility that betting with BetMGM brings. Meanwhile, BetMGM's apps tend to be ahead of the likes of BetRivers and WynnBet. If it's a great rewards program that appeals alongside betting on the top sports, then the choice will come down to BetMGM and Caesars - or both - as the best out there.

BetMGM SportsBook Verdict

BetMGM has won plaudits from bettors and industry experts alike for its New York sportsbook. There is lots to enjoy on all of BetMGM’s platforms along with one of the best welcome offers and ongoing promotions for sports fans in the Empire State. Betting with BetMGM is a breeze thanks to its straightforward set-up. With its neat web and app-based offerings, BetMGM is certainly one worth taking a closer look at.