BetMGM Sportsbook App Review: $1,500 Bonus Bets and App Ratings

BetMGM offers up to $1,500 in bonus bets if your first wager does not win — one of the largest first-bet-back offers among licensed US sportsbook apps. App Store rating is 4.6 on iOS and 4.4 on Android, with more than 1 million downloads recorded.
What Is the BetMGM Welcome Bonus and How Does It Work?
The offer follows a "bet & get" format. Place your first real-money wager. If it loses, BetMGM returns the stake as bonus bets up to $1,500. The bonus bet is not cash — the stake is not included in any winning payout and cannot be withdrawn directly.
Rollover requirements at US sportsbooks range from 5x to 25x before winnings become withdrawable. Always read the current terms on BetMGM's promotions page before opting in, as amounts and conditions change frequently. Welcome offers are limited to one per household, IP address, or device. Must be 21+ in most states. Gambling problem? Call 1-800-GAMBLER.
For a plain-English breakdown of rollover, expiry windows, and the difference between bonus bets and site credit, see the guide to sportsbook app bonus terms, rollover, expiry, and bet-vs-credit rules.
How Does BetMGM Rate Against Competing Apps?
| Operator | iOS Rating | Android Rating | Downloads | Welcome Offer |
|---|---|---|---|---|
| FanDuel | 4.8 | 4.7 | 5M+ | Bet $5 for 7 days to unlock offer |
| DraftKings | — | — | — | Up to $200 in bonus bets on $5 first bet |
| BetMGM | 4.6 | 4.4 | 1M+ | Up to $1,500 bonus bets on first loss |
| Fanatics | 4.4 | 4.2 | 500K+ | Loyalty rewards integration |
BetMGM's app ratings trail FanDuel's. The gap is modest — two tenths of a point on iOS. The welcome offer, however, is the largest of any operator in the table above. Whether that tradeoff suits a particular bettor depends on how much they plan to wager in the first session.
For a direct matchup on banking options and vig, read the BetMGM vs Caesars app comparison covering bonus size, banking, and vig.
What Payment Methods Does BetMGM Accept?
BetMGM accepts PayPal for all transactions. PayPal is the fastest payout method at US sportsbooks — withdrawals can clear in a few hours. Visa and Mastercard debit card deposits are virtually instant. ACH bank transfers take 3–5 business days. PayNearMe is available for deposits only and cannot be used to withdraw funds.
For a full comparison of payout speeds across operators, see the sportsbook app payment methods and payout speeds comparison. PayPal specifics are covered in the guide to PayPal at sportsbook apps.
How Does BetMGM Handle the Vig?
Standard point-spread markets are priced at -110 on both sides. That means a bettor wagers $110 to win $100. The book earns $10 on every losing bet. The implied probabilities at -110 sum to 104.8%, producing a margin of 4.8%. The US national aggregate hold across all licensed books was approximately 9.3% in 2024. Understanding where BetMGM's lines sit relative to that benchmark requires comparing odds across apps in real time. For more on how margin is calculated, visit the explainer on what vig is and how sportsbooks make money on every bet.
Is BetMGM Available in Your State?
BetMGM is a partnership between Entain Holdings and MGM Resorts International. Legal access depends entirely on your physical location at the time of wagering — home-state residency does not travel with a bettor. Most states set the minimum wagering age at 21; seven states permit betting at 18. Check your state's gaming regulator to confirm BetMGM holds a valid license before depositing.
Age requirements by state are covered in the legal betting age by state guide. To see how BetMGM ranks against every other major app, visit the full sportsbook app rankings covering every major US platform.