When comparing BetOnline and BetMGM, BetOnline Sportsbook is the clear winner. The sportsbook platform offers a variety of betting markets and boasts a user-friendly interface that makes navigation easy. BetOnline also provides a generous welcome bonus and ongoing promotions to incentivize user loyalty. It’s the sportsbook that just keeps on giving!
Additionally, BetOnline makes depositing and withdrawing funds easy with various methods available, including credit cards and cryptocurrencies. In comparison, BetMGM does not support crypto currencies and only allows you to use FIAT currencies. Crypto transactions are known for being free and among the fastest payment option, so offering this banking method is a huge advantage for BetOnline.
The only minor drawback of BetOnline is that it’s an offshore online sportsbook, whereas BetMGM is a US-licensed gambling site. US-licensed sites are typically safer than offshore operators. However, BetOnline does hold a valid Panama license and has developed a stellar reputation since its launch in 2001. If you’re torn between the two sportsbooks, sign up for BetOnline.
This article offers a comprehensive comparison between BetOnline and BetMGM sportsbooks. We explore essential aspects like user experience, safety, and betting options, giving you a balanced view of what each offers. Our aim is to equip you with the necessary information to make the best choice for your sports betting needs courtesy of our online sportsbook comparisons.
| BetOnline Sportsbook | BetMGM Sportsbook | |
|---|---|---|
| Welcome Bonus | 100% up to $1,000 on your first deposit | Get up to $1,500 back on your first bet if you don’t win (The offer isn’t available in the following locations: Mississippi, New York, Nevada, Ontario, Puerto Rico, and Washington, D.C.) |
| Wagering requirement | 10x | N/A |
| Launch year | 2001 | 2018 |
| Rating | ||
| Best for | One of the best US sportsbooks, offering competitive odds, massive bonuses, secure payments, and a brilliant mobile app. | Best for those looking for generous welcome bonuses and ongoing promotions |
| Minimum deposit | $20 | $10 |
| Mobile betting | Yes | Yes |
| Live streaming | Yes | Yes |
| eSports betting | Yes | Yes |
| Sports available | 30+ | 15+ |
| Deposit methods | Wire transfer, money order, credit and debit cards, USD coin, Bitcoin cash, Bitcoin | e-Wallets, Visa, Mastercard, PayNearMe, and PayPal. |
| Withdrawal methods | Bitcoin, USD coin, wire transfer, money order, person-to-person, check by courier | Visa, Mastercard, e-Transfer, PayPal, Apple Pay |
| Security | ||
| Odds | ||
| Customer service |
The best real-money sportsbooks for US players are listed below. These sites have performed best our of all our sportsbook reviews, with big bonuses, competitive odds, and intuitive betting platforms.
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125% up to $3,125 475 21
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50% up to $1,000 312 23
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50% up to $250 112 15BetMGM offers an appealing welcome bonus for new users. By using the promo code BETMGMBONUS, you can get a loss refund of up to $1,500. To activate this bonus, you need to make a minimum deposit of $10, making it accessible to casual players and high-rollers alike.
While a generous offer, the main issue with this promotion is that you only get rewarded if your bet loses—make a smart first wager and you don’t receive any promotional credits. Essentially, the bonus removes the risk on your first bet and helps you recover your losses rather than actively boosting the size of your bankroll. Moreover, despite being licensed in these jurisdictions, the offer isn’t available in the following locations: Mississippi, New York, Nevada, Ontario, Puerto Rico, and Washington, D.C.
BetOnline takes a different approach with its welcome bonus, offering 50% up to $1,000 on your first deposit. To be eligible for this, you need to make a minimum deposit of $55, which might me an issue if you’re on a smaller budget. However, the bonus comes with a 10x rollover requirement and is valid for a full 30 days, which is around industry standard. This means the promotion is relatively easy to clear.
Another perk of the BetOnline promotion is that it actively grows your bankroll. Even if you deposit the minimum $55 needed to claim the offer, the 50% match takes your total bankroll to $82.50. To claim the full $1,000, you need to deposit $2,000, taking your bankroll to a huge $3,000. It was clear from our BetMGM review that its offer has significant drawbacks. So, even with the high minimum deposit at BetOnline, it’s hand-down the better promotion.
Winner: BetOnline
BetOnline and BetMGM offer a variety of other bonuses, such as risk-free bets, refer-a-friend bonuses, and odds boosts. These bonuses provide an opportunity for you to potentially increase your winnings and minimize your losses. However, we though the promotions at BetOnline were more diverse and interesting, catering to all players.
We were particularly impressed with their seasonal offer that change depending on the current sporting events. At the time of writing, they have bonuses on the NFL, NBA, MLB, and UFC. No matter what your preferred sport is, they have a promotion to match. They also run promotions on different bet types, such as live bet bonuses and parlay promotions, allowing you to find an offer that matches your preferred way to wager as well.
Winner: BetOnline
BetMGM offers a comprehensive Rewards program that rewards you for your betting activities. As a participant, you can earn points and exchange them for perks, such as exclusive bonuses, increased withdrawal limits, lower payment fees, and priority support. You can also exchangr your loyalty points for in-person rewards, such as food and hospitality goodies in BetMGM’s land-based venues.
On the other hand, BetOnline lacks a loyalty or VIP program entirely. Their reasoning behind this is that they believe all players should have access to all the bonuses they can dream of, regardless of their spending habits on the platform. This is arguably a better set-up for casual players, but if you’re looking for loyalty-based rewards, BetMGM is the superior option.
Winner: BetMGM Sportsbook
BetOnline offers a broad range of betting markets, from popular sports like NFL, NBA, MLB, and NHL to niche options like eSports. The diversity is impressive, providing you with ample opportunities to bet on your favorite sports. They have over 30 different markets in total, catering to absolutely everyone. It’s international soccer coverage is particularly notable, making it one of the best soccer sports betting sites for American players.
BetMGM also offers an extensive range of betting markets that cater to your diverse interests. It covers popular leagues such as the NFL, NBA, and MLB, as well as international events like the English Premier League and UEFA Champions League. Not to forget, sports like tennis, golf, boxing, and MMA are also available. This range ensures you can usually find your preferred sport to bet on.
However, the coverage at BetMGM is nowhere near as comprehensive as what’s offered at BetOnline, with around 15+ markets as opposed to 30+. It is particularly lacking in niche events, novelty betting options, eSports, and — in some states — college sports bets.
Winner: BetOnline
BetOnline offers live betting options, allowing you to place bets on ongoing events. You can find live bets for almost every sport, and you can get your first live bet for free through their exciting bonuses. However, the platform doesn’t offer live streaming , which can hamper your experience. Nevertheless, their real-time game updates and graphic representations of the game means that making informed live bets remains straightforward.
On the other hand, BetMGM offers full-service live betting and live streaming. This allows you to watch events in real-time, making it super simple for you to make informed bets and feel in on the action. BetMGM is also one of the best sites for early cash out options. This additional feature significantly improves your live betting experience, making BetMGM a preferable choice for your betting needs.
Winner: BetMGM Sportsbook
At BetMGM, you have access to a wide array of bet types. From moneyline bets and point spreads to parlays and prop bets, the platform caters to your diverse betting interests. This variety ensures you can place bets that align with your strategy and risk tolerance. Moreover, BetMGM’s odds are known to be competitive, ensuring fairness in your betting experience. This balance between variety and fairness makes BetMGM a solid choice for your sports betting needs.
BetOnline also offer a range of bet types, including moneyline bets, point spreads, and prop bets, with a notably good selection on proposition bets on college athletes. It also offers reduced juice for bettors, unlike BetMGM and other US-licensed sites. This gives you a better return on your investment, as the sportsbook takes a lower commission on your bets. The fairness of the odds presented by BetOnline are also competitive, again helping to boost your potential return.
Comparing BetOnline and BetMGM, both offer a variety of bet types and competitive odds. However, BetMGM stands out with its low-vigour wagers, ensuring you get the most value from your bets. This is true across a wide range of sports markets, making it a top sportsbook option for fans of baseball, football, soccer, golf, and more.
Winner: BetOnline
When it comes to mobile betting, BetMGM and BetOnline both offer apps for iOS and Android devices. BetMGM’s native mobile app stands out with its user-friendly and intuitive interface. The app offers a similar range of sports and betting markets as the desktop version, making it a versatile tool for on-the-go betting. You also have access to all areas of the site via the app, including their live streaming.
BetOnline’s app also provides a seamless experience. The top-rated mobile betting app allows for real money deposits, gameplay, and withdrawals, and navigating through sports is straightforward. However, there is no downloadable app. Instead, BetOnline has opted for a web-based app that you can access through your mobile browser, allowing for instant wagering and keeping the storage space on your device free for more important things.
Winner: BetOnline
When it comes to deposits and withdrawals, both BetOnline and BetMGM provide a range of options. You can deposit and withdraw using methods such as credit cards, debit card, and bank wire transfers. However, in terms of being amongst the top crypto sports betting sites, turn your attention to BetOnline. It supports most major altcoins compared to BetMGM’s complete lack of cryptocurrency options.
Nevertheless, BetMGM is one of the best low minimum deposit sportsbooks, with a minimum deposit limit of $10 for most of its payment methods, including e-Wallets, Visa, Mastercard, PayNearMe, and PayPal. This makes it accessible for all kinds of bettors, whether you’re a beginner or an experienced player. At BetOnline, you’re looking at a slightly less accessible minimum deposit of $20 to $25.
However, the maximum deposit limit with BetMGM varies depending on your account status. This is frustrating for casual players that win big, as they may have difficulty withdrawing their winnings in one go. On the other hand, our BetOnline sportsbook review highlights that the site lets you withdraw up to $100,000 per crypto transaction, making it easy for you to get your hands on your hard-earned winnings. Crypto payouts are also processed within as little as 1 hour.
All in all, BetOnline is superior in terms of payment options. BetMGM does have a slight advantage in terms of minimum deposit. However, a $20 minimum at BetOnline is still fair. Plus, with the added advantage of crypto payments and large and fast withdrawals, BetOnline stands out.
Winner: BetOnline
When considering customer service options, both BetMGM and BetOnline have several avenues for assistance. Both platforms offer a live chat feature, which connects you with a customer support representative in real-time. They also provides email support, which is useful for detailed inquiries or when documentation is needed, and telephone support, which can be more personalized and direct.
While the range of support channels at BetMGM and BetOnline are impressive, their availability differs. BetOnline offers round-the-clock support via email, telephone, and live chat that ensures assistance whenever you need it. In comparison, BetMGM only offers a 24/7 live chat option, and we found long wait times during peak periods. Also, their FAQ section, though available, is difficult to navigate and hard to find from the sportsbook website.
Winner: BetOnline
Safety and regulation are crucial aspects of any online betting platform, and both BetMGM and BetOnline have measures in place which are designed to ensure this. They both utilize high-level encryption technology to safeguard your personal and financial data. Their bonuses and promotions are subject to fair and transparent terms and conditions, so you can be confident that you’re getting a fair deal.
Moreover, both BetOnline and BetMGM offer a range of responsible gambling tools, such as self-exclusion and deposit limits, to help you manage your betting behavior effectively. They’re also both regulated and licensed, reflecting the sportsbooks’ commitment to adhering to industry standards and providing a safe betting environment.
However, the type of licenses both operators hold are different. BetMGM is licensed and regulated by the gambling laws of various US states, having undergone independent third-party testing to ensure adherence to industry standards, affirming their trustworthiness. They adhere to strict laws regarding licensing, regulation, with various rules regarding state gambling ages.
In comparison, BetOnline is licensed in Panama. This accrediting body is not as strict as the US government, so it isn’t as thoroughly regulated. However, the perk of an offshore license is that the sportbooks can be accessed from almost every US state. Offshore sportsbooks like BetOnline also don’t withhold any online gambling taxes, meaning more of your winnings ends up in your pocket.
Winner: It’s a Tie
While both platforms have their merits, BetOnline stands out due to its user-friendly interface and diverse betting options. Along with its generous promotions and responsive customer support, BetOnline provides a more reliable and enjoyable betting experience, making it a preferable choice over BetMGM.
BetMGM is licensed and regulated out of several US states, but not all of them. Therefore, if you aren’t residing in a state where this is possible, we recommend registering for BetOnline or checking out our list of the best offshore sportsbooks you can play at.
Yes, BetOnline is one of the safest online sportsbooks available throughout the US. It is licensed in Panama and employs various safety measures, such as the use of SSL encryption technology, offering responsible gambling tools, and only working with secure payment providers.
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