In the comparison of DraftKings vs BetMGM, the verdict isn’t clear-cut. Both platforms offer a robust and dynamic betting experience, and your choice will ultimately come down to your personal preferences and betting needs. However, we think DraftKings performs marginally better.
BetMGM is a strong contender with its impressive range of betting options and user-friendly interface. If you’re new to sports betting or a seasoned bettor, you’ll find BetMGM’s platform easy to navigate. Moreover, BetMGM offers betting markets for major US leagues including NFL, NBA, MLB, NHL, and NCAA, providing an extensive selection for sports enthusiasts.
However, DraftKings is a pioneer in the US betting scene, especially with its daily fantasy sports offerings. If you’re an avid fan of fantasy sports and enjoy the thrill of building your dream team, DraftKings might be your go-to platform. The site is user-friendly, the odds are competitive, and they offer a wide variety of sports and betting markets.
Welcome to our comprehensive sportsbook review and comparison of two leading betting platforms in the United States: DraftKings and BetMGM. Whether you’re a seasoned bettor or new to the sports betting scene, this sportsbook comparison will provide you with an in-depth understanding of what DraftKings and BetMGM have to offer.
| DraftKings Sportsbook | BetMGM Sportsbook | |
|---|---|---|
| Welcome Bonus | Up to $200 in bonus bets | Get up to $1,000 back on your first bet if you don’t win. |
| Wagering requirement | N/A (no rollover) | N/A |
| Launch year | 2012 | 2018 |
| Rating | ||
| Best for | Suitable for those looking for daily fantasy sports and competitive odds on various sports | Best for those looking for generous welcome bonuses and ongoing promotions |
| Minimum deposit | $5 | $10 |
| Mobile betting | Yes | Yes |
| Live streaming | Yes | Yes |
| eSports betting | Yes | Yes |
| Sports available | 20+ | 15+ |
| Deposit methods | e-wallets, bank transfers, paper checks, and prepaid cards, VIP Preferred, Venmo | e-Wallets, Visa, Mastercard, PayNearMe, and PayPal. |
| Withdrawal methods | Online banking, VIP Preferred, PayPal, Venmo, Play + prepaid card, check | Visa, Mastercard, e-Transfer, PayPal, Apple Pay |
| Security | ||
| Odds | ||
| Customer service |
DraftKings and BetMGM are US-licensed sportsbooks and aren’t available state-wide. For top sportsbooks available in all jurisdictions, check the options below:
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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 15DraftKings and BetMGM are two highly-rated sportsbooks in the US, providing you with a platform to place bets on a variety of sports events.
DraftKings is a reputable sportsbook that initially gained recognition in the daily fantasy sports market but has since expanded into the sports betting industry. As a player, you can enjoy a comprehensive sports betting experience with a user-friendly interface and a wide range of betting options.
On the other hand, BetMGM is a well-established sportsbook that offers competitive odds and odds boosts. Whether you’re an experienced bettor or new to the world of sports betting, BetMGM is designed to provide a seamless and enjoyable betting experience. The user-friendly interface ensures easy navigation through various online casino games, betting markets, and sports.
At BetMGM, you can place bets on popular US leagues such as the NFL, NBA, MLB, NHL, MLS, and NCAA. The platform has even established a sportsbook presence in Arizona, with three locations at Gila River casinos and a facility at the State Farm Stadium.
DraftKings offers a welcome bonus of up to $200 in bonus bets. To qualify, you only need to deposit a minimum of $5. This bonus has a validity of 7 days, which means you have a week to use it before it expires. What’s more, there’s no rollover requirement, which is a significant advantage.
On the other hand, BetMGM offers a welcome bonus in the form of a loss refund of up to $1000. To qualify for this, you need to deposit a minimum of $10. The validity period of this bonus is 14 days, and you’ll need to use the promo code PLAYBONUS when signing up.
While both bonuses are attractive, we prefer BetMGM’s offer. If you’re a high-roller or someone who bets large amounts, their loss refund of up to $1000 is highly appealing. However, if you’re a casual bettor or someone new to sports betting, DraftKings’ bonus bet offer may be more suitable.
Winner: BetMGM
DraftKings is known for its attractive ongoing promotions designed to enhance your betting experience. For example, they often offer free bets on certain games or events. This could mean that if you place a bet on a specific game, you could be eligible for a free bet up to a certain amount.
Furthermore, DraftKings offers a referral program where users can earn bonuses by inviting friends or family to join the platform. Additionally, DraftKings is currently offering an MLB 50% Profit Boost, which increases the potential winnings on selected MLB bets by 50%.
BetMGM Sportsbook offers a variety of ongoing promotions that you can take advantage of. For instance, they often run “Risk-Free Bets” where you are refunded your wager amount, up to a certain limit, if your bet doesn’t win. They also offer “Odds Boosts” which increase the potential payout on specific betting lines, giving you the chance to win more than you normally would.
Additionally, BetMGM often provides “Parlay Insurance” where if one leg of your parlay bet fails, you get your stake back. As it stands, both sportsbooks performs as well as each other in terms of ongoing offers. But remember: these promotions can change, so check their site regularly to maximize your betting value.
Winner: It’s a Tie
When it comes to the variety of sports you can bet on, both DraftKings and BetMGM offer a comprehensive range for US-based players. Both are a good option if you’re after a sportsbook for football, basketball, and other major US sports.
That said, DraftKings is renowned for its extensive coverage. You can bet on all major American leagues such as NFL, NBA, MLB, NHL, and NCAA. Beyond these, DraftKings covers sports like soccer, golf, tennis, motorsports, rugby, cricket, and even esports. This extensive coverage means you’ll find something to suit your interests, whether you’re a fan of mainstream sports or have a niche preference.
BetMGM also offers a wide array of sports. Like DraftKings, they cover all the major US leagues including NFL, NBA, MLB, NHL, and NCAA. While BetMGM might not have as extensive a list as DraftKings, they ensure that the most popular and most betted-on sports are covered. They also offer betting markets for international leagues and sports events like golf, giving you a global betting perspective.
Both DraftKings and BetMGM provide early cash out sports betting for US-based players, allowing you to secure your winnings or minimize your losses before the event has concluded. This feature adds an extra level of flexibility and control to your sports betting experience.
Winner: DraftKings
When you’re seeking a real-time thrill, both DraftKings and BetMGM offer live betting features, but there are some differences in their offerings that you should be aware of as a US-based player.
DraftKings offers live betting for many of the sports they cover. This allows you to place bets as the action unfolds, adding an extra layer of excitement. You can bet on the outcome of a match or even individual plays, providing a more engaging experience. However, the platform does not offer a live streaming feature, which means you’ll have to rely on other sources to follow the games live.
On the other hand, BetMGM does provide live streaming for select events along with their live betting feature. This means you can watch the action in real time while placing your bets, adding a level of convenience and immediacy to your betting experience. The availability of live streaming gives it the edge; however, it is dependent on the specific event and your location.
Winner: BetMGM
Starting with DraftKings, you’ll notice its clean and intuitive layout right off the bat. The main navigation bar at the top allows quick access to different sections such as sports, contests, and promotions. This means you can easily find the events and bets you’re interested in without spending too much time searching. Additionally, DraftKings offers one of the most prominent sports betting apps in the market, providing a seamless experience on both mobile and web platforms.
BetMGM also provides a user-friendly interface that makes navigating various online casino games, betting markets, and sports easy. The platform is designed to ensure you find exactly what you’re looking for quickly and efficiently. However, it cannot quite match DraftKings intuitive website and mobile application.
Winner: DraftKings
When it comes to betting online, your safety and the legality of the platform are paramount. Unlike offshore sportsbooks, both DraftKings and BetMGM are licensed in the US and have made significant strides in ensuring that they operate within the confines of US gambling laws and state age restrictions.
DraftKings is not only a legitimate and reputable betting platform but it also promotes responsible gambling. The platform operates under the strict US state and federal gambling regulations and licensing. For instance, in Oregon, DraftKings was approved by the Oregon Lottery to take over the state’s sports betting operations. This demonstrates their commitment to operating within the law and providing a trustworthy and reliable service for their customers.
Similarly, BetMGM operates under rigorous regulations. This sportsbook is known for its strong presence in various states across the US, which is a testament to their adherence to state-specific gambling laws and regulations. BetMGM’s operations are transparent and they have a reputation for maintaining high standards of safety and fairness.
Both DraftKings and BetMGM use advanced encryption technology to protect your personal and financial information. This means that when you’re placing your bets, you can focus on the game, knowing that your data and funds are secure. Whether you choose to bet with DraftKings or BetMGM, you’re choosing a sportsbook that prioritizes safety and operates within the legal framework.
Winner: It’s a Tie
As a sports bettor, you need a sportsbook that not only offers a wide range of betting options but also provides exceptional customer service. DraftKings and BetMGM are two platforms that stand out in this regard.
At DraftKings, you can expect top-notch customer support. They understand the importance of addressing your questions and concerns promptly and effectively. For those who prefer self-service, DraftKings offers an extensive Help Center packed with helpful articles, guides, and FAQs. If you require personalized assistance, you can reach out to their dedicated customer support team through live chat, email, or even social media platforms like Twitter.
BetMGM also offers a comprehensive Help Center or FAQ section on their website and app, covering a wide range of topics. For more complex issues or if you prefer a verbal conversation, you can call their customer support line. Keep in mind that wait times can vary depending on the call volume, so patience may be required. We generally found DraftKings responded more promptly.
Winner: DraftKings
At DraftKings, you can choose from many payment options. E-wallets are popular for their speed and convenience, with funds appearing in your account within a few hours. Bank transfers offer a secure and direct transfer to your bank account, though they may have longer processing times. If you prefer a more traditional approach, you can opt for paper checks, but these can take several weeks to process.
On the other hand, BetMGM is a low deposit online sportsbook with options such as e-Wallets, Visa, Mastercard, PayNearMe, and PayPal. Each of these methods has a minimum deposit limit of $10, catering to those who prefer to bet smaller amounts. For instance, if you use PayNearMe, you can deposit between $10 and $500 per day. Remember, the maximum deposit and withdrawal limits can vary based on your account status and the specific method you choose.
The low minimum deposits available at BetMGM give it an edge in their category. But regardless of your preferences, both DraftKings and BetMGM have made it easy and convenient to manage your betting funds. The only option that is lacking at both sites is cryptocurrencies, and neither is a top crypto betting site.
Winner: BetMGM
In the realm of sports betting, having a top-notch mobile app is crucial, and both DraftKings and BetMGM are leading the pack in this regard.
Starting with DraftKings, you’ll find a mobile app that is not only easy to navigate but also highly responsive. This makes it easy for you to place bets, manage your account, and check on your wagering status on-the-go. DraftKings’ app also provides live streaming for select events, giving you the opportunity to watch the action unfold in real-time as you place your bets.
On the other hand, BetMGM’s mobile app, available for both Android and Apple devices, offers a comprehensive betting experience. The app mirrors the wide range of sports and betting markets available on their desktop site. The BetMGM app is also user-friendly and intuitive, making it easy for both seasoned bettors and newcomers to navigate.
Winner: It’s a Tie
No, DraftKings and BetMGM are not the same; they are two different online sports betting platforms. DraftKings, known for its daily fantasy sports offerings, was originally a fantasy sports platform before branching out into sports betting. BetMGM, on the other hand, is part of the MGM Resorts International and offers a wide range of sports betting options. Both platforms offer unique features and experiences, with the choice between the two largely depending on personal preferences and betting needs.
Yes, it is safe to bet with BetMGM. As a part of the MGM Resorts International, BetMGM operates under strict regulations and holds proper licenses in the United States where online sports betting is legal. It provides a secure platform for placing bets, with a variety of safe withdrawal methods. Furthermore, BetMGM is committed to promoting responsible gambling, adding to its credibility and trustworthiness.
Yes, DraftKings is a trustworthy platform for online betting. Not only is it a legitimate and reputable betting platform, but it also promotes responsible gambling. DraftKings operates under strict regulations and licensing in various jurisdictions, ensuring a secure betting environment for its users. Its dedication to customer service further enhances its reliability and trustworthiness.
Both DraftKings and BetMGM have their strengths and cater to different preferences of bettors. DraftKings, a pioneer in daily fantasy sports, offers a wide range of betting options and sports, and is known for its user-friendly interface. On the other hand, BetMGM also offers a variety of reduced juice sports bets and has a strong presence in various states. The choice between the two ultimately comes down to individual preferences and the specific features that matter most to you.
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