BetMGM Bonus & Review

Within the world of sports betting, BetMGM is a powerhouse that has become a renowned name thanks to its user-friendly platform, its competent odds and the cutting-edge betting features that it presents to its users. With an additional array of tools and promotional offers on their site, BetMGM is able to cater to all types of bettors. To better understand exactly what this stand-out name has to offer, though, we here at Racing TV will break down all the intricacies of BetMGM, all whilst delving into the innovative components that set them apart. 

Although they are a major name in the sports betting scene today, BetMGM was actually founded in 2018, thanks to a collaboration between MGM Resorts and Entain. This site has since become one of the top betting platforms around the world, most notably in the US, with this all being down to the decades of experience within their team being combined with an array of boundary-pushing technologies. Something that is a testament to BetMGM’s expertise is their winning of the Sports Betting Operator of the Year in 2024, with this following many existing awards received for the casino portion of their site in prior years. 

Getting started on the BetMGM site is a relatively straightforward process that can simply be completed in just a couple of steps.

Once these steps have been completed and you have an account with BetMGM, some additional verification steps may still be required to begin placing stakes. Verification can be done by submitting a photo of your ID or proof of address with BetMGM, keeping things relatively simplistic.

BetMGM has an impressive range of horse racing betting markets that are able to cater to all types of user preferences. Each race taking place that day is clearly displayed with the participating runners, with different regions and their runnings dissected towards the bottom of the screen, keeping things nice and organised.

The usual win and each way horse racing betting markets are available at BetMGM should you prefer to predict horse racing results outright, as well as Forecast and Tricast options, all of which have been divided into different tabs for each race card. In addition, BetMGM also offers a ‘Betting Without’ market, removing the favourite of a race from the equation and adjusting the odds of the other runners accordingly.   

Speaking of odds, BetMGM prides itself on provoking highly competitive odds across all major sporting events and their individual markets. By factoring in statistical analysis and horse racing tips from experts, BetMGM odds reflect outcome probabilities, with the odds being updated regularly as events develop, especially with their series of in-play markets.

What’s more, by accessing the settings menu, BetMGm also allows its users to customise the format in which odds are presented. Although the odds on site are automatically set to fractional, users can switch this to either decimal or American formats should that be their preference. 

The number of bonuses that BetMGM offers to users is vast; however, their main sign-up bonus is the most noteworthy one they present. This is exclusive for new sign-ups only and could potentially see new users claim £40 in free bets. To be eligible for this, a £10 qualifying bet with minimum odds of evens or higher must be placed, with 4 additional £10 free bet credits being added to the account following the qualifying bet being settled.

BetMGM also offers reload bonuses for existing users. By placing 4 separate bets valued at £5 each throughout a week, users could qualify for an additional £5 free bet. However, the bets to qualify users for this bonus must have odds of 1/1 at least, with each way bets not being factored in for this reload bonus either, something worth bearing in mind if utilising horse racing markets.

These aren’t the only BetMGM bonuses either, with the platform frequently running boosted odds promotions on selected big events, including Cheltenham free bets and special promos.

✔ Up to £40 in free bets being able to be claimed.

✔ Free bet credits can be used on an array of sports betting markets.

✘ Each-way markets are excluded from qualifying bets.

The BetMGM site is packed with various betting details that elevate the overall experience even further. Most notably, the cash-out options allow bettors to cash out their bets at any point after they have placed them. Certain sports and events can also be watched directly from BetMGM thanks to the live streaming capabilities the platform also presents to users, something that is great if you like to watch horse racing as it happens. 

When it comes to horse racing specifically, there are a plethora of stats provided relating to horse form and previous outings, with some expert analysis also being provided hand in hand to present even more information for an event. As games and races play out, though, the in-play betting feature not only allows users to wager once an event has begun, but it also introduces dynamic odds that change in real-time, mirroring any advancements.

Regarding the payment methods that BetMGM has available, all the major ones that users may wish to access are covered. Debit cards, both Visa and Mastercard, are the predominant options presented to users; however, additional payment methods such as PayPal, ApplePay and Bank Transfer can also be used. Regardless of the method however, both the minimum deposit and withdrawal amount is set to £10, something that is key to remember.

Regardless of the method that may be selected, though, making deposits and withdrawals at BetMGM is as straightforward as the sign-up process mentioned earlier. This can be done by clicking the wallet symbol in the top right corner, taking users to a separate page in which they can select between withdrawals and deposits and input the amounts related to these actions. With most of the major payment methods at BetMGM, deposits are almost instantaneous; however, there may be a slight waiting period when it comes to making withdrawals. 

BetMGM has not forgotten about customer support either, with this site having a number of options that can be easily accessed via the main menu tab. A help centre featuring various Frequently Asked Questions (FAQs) houses a number of answers in one place, with a live chat feature that allows users to relay any queries or issues to a member of BetMGM. What’s more, there is also a direct number to call should you wish to talk with a support member directly. 

In addition to all these customer support aspects, BetMGM also has a variety of responsible

gambling tools that users can utilise. Things such as deposit, session, loss, and wagering limits can all be set, with reality check notifications, time-out features, self-exclusion options, and even support groups and advice. 

All in all, BetMGM delivers a robust betting experience to users with a friendly, easily navigable interface and a range of diverse markets, especially in the horse racing free bets sector. The collection of innovative features and bonuses all contribute to this platform's great reputation in the sports betting space.

✔ Range of bonuses.

✔ Both IOS and Android apps that mirror the intuitiveness of the site. 

✔ Wide range of betting markets and events, including horse races from various regions.

✔ Competitive odds that are updated for in-play markets.

✔ Series of customer support and responsible gambling options. 

✘ Withdrawals aren’t always instantaneous.

✘ Limited payment methods compared to other sites.