If you don’t read any further in this sportsbook review, know this: MyBookie is a much better sportsbook for US bettors. Although MyBookie and BetMGM are again neck-and-neck in terms of available sports, the former excels in almost all other areas. It offers more competitive odds, supports cryptocurrency payments, and is available throughout the US, whereas BetMGM has limited availability.
Moreover, both MyBookie and BetMGM offer a $1,000 sports welcome bonus. However, MyBookie offers more player-friendly terms and conditions. It also has a slight advantage with generous ongoing promos and a more straightforward VIP loyalty reward program. Its 24/7 customer support was also second-to-none, exceeding the support offered by the top offshore providers.
The only category BetMGM beats MyBookie in is mobile capabilities—the BetMGM app shines a bit brighter. With a $10 minimum deposit at BetMGM, it is also among the best low minimum deposit sportsbooks, but MyBookie’s $20 minimum still appeals to most players. Besides, when considering all the other points, choosing which sportsbook to use is a no-brainer: MyBookie all the way.
As an avid sports bettor, you’re constantly searching for the best real-money sportsbooks to place your wagers. Two top contenders in the United States are MyBookie and BetMGM. Our MyBookie vs BetMGM sportsbook comparison will help you decide which one is the right fit for your sports betting needs.
In this article, we review and compare the welcome bonuses, ongoing promotions, user interfaces, betting odds, market coverage, and more. The must-know points are shown below, but keep reading details.
|50% welcome bonus up to $1,000 on your first deposit
|Get up to $1,000 back on your first bet if you don’t win.
|Great for bettors looking for extensive sports coverage and excellent customer service.
|Best for those looking for generous welcome bonuses and ongoing promotions
|Visa, Mastercard, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Tether, Moneygram
|e-Wallets, Visa, Mastercard, PayNearMe, and PayPal.
|Bitcoin, Wire transfer
|Visa, Mastercard, e-Transfer, PayPal, Apple Pay
Looking for the best sports betting experience possible? The below sites have consistently performed top in all our sportsbook comparisons, guaranteeing the biggest bonuses, most competitive odds, and extensive market coverage:
Bonus:125% up to $3,125
Bonus:125% up to $3,125
Bonus:50% up to $1,000
Bonus:50% up to $1,000
Bonus:50% up to $250
Bonus:50% up to $250
Legality is a critical aspect to consider in the ever-expanding world of sports betting. If you’re a US-based player, you may be wondering if platforms like MyBookie and BetMGM are legal. Both platforms operate within the framework of U.S. law, but the legality can vary depending on your location and the age restrictions for gambling in your state.
MyBookie, one of the top offshore betting sites, is known to operate legally in the United States. Its Curacao license authorizes this prestigious platform to operate in all 50 states. However, the laws related to online gambling vary from state to state. Therefore, you must check your state’s specific gambling laws to ensure that placing bets on MyBookie is legal.
Similarly, you must be aware of the gambling laws in your state before betting on BetMGM Sportsbook. However, BetMGM is a US-licensed platform and is only available in less than two dozen states where online sports betting is legal. If you live in a state with legal sports betting, then great! But if not, MyBookie is a better and more widely available option.
Both platforms are committed to providing a fair and transparent betting experience. When you win a bet, your winnings are credited to your account, and you can withdraw the funds using various methods. Both MyBookie and BetMGM pay out winnings to their users, making them reliable platforms for your sports betting needs.
From our MyBookie review, we learned that the platform launched in 2014 and has quickly become a prominent player in the sports betting industry. Operated by Duranbah Ltd. N.V., it has demonstrated high professionalism and trustworthiness, earning it a solid reputation among bettors.
The license for this Costa Rica-based betting site, issued by the Curacao Internet Gaming Association, is a testament to its commitment to providing a safe and regulated environment for U.S. sports bettors. This dedication to maintaining a trustworthy and secure betting environment has allowed it to rise to prominence in a relatively short period.
The BetMGM Sportsbook app is a product of a joint venture between Nevada-based MGM Resorts International and the UK-based Entain, formerly known as GVC Holdings.
This transatlantic partnership, known as Roar Digital, was established in 2018 to create a top-notch sports betting and online gaming platform. The result was the BetMGM Sportsbook app.
The app’s parent company, MGM Resorts International, has a long-standing reputation in the casino industry and is known for its premium resorts around the globe. This pedigree is reflected in the app, designed to provide a seamless, user-friendly betting experience, whether at home or on the go.
Overall, the origin and growth of the BetMGM Sportsbook app demonstrate a commitment to user satisfaction, fair play, and extensive, exciting sports coverage.
A welcome bonus can make a significant difference when kick-starting your sports betting journey. Both MyBookie and BetMGM offer enticing welcome bonuses for new users in the United States.
MyBookie provides a substantial welcome package with a 50% sports welcome bonus up to $1,000. This means that if you deposit $2,000, you can start betting with $3,000, providing you with extra funds to explore the platform and make your initial bets. MyBookie also offers a 10% up to $200 first deposit cash bonus.
On the other hand, BetMGM also offers a warm welcome to its new users. You can get up to a $1,000 first bet offer in a welcome bonus. Make a minimum deposit of $10 into your new BetMGM account, place your first bet, and get up to $1,000 back in bonus bets if it is lost.
While both offer an equal amount in welcome promotion, there is a noticeable difference. MyBookie’s welcome bonus is a traditional offering that you receive when signing up with the site. However, BetMGM’s first bet offer is only activated if you lose your first-ever bet. So, in case of winning, there is no welcome bonus.
In addition, MyBookie offers more lenient terms and conditions. For example, you must use BetMGM’s bonus bets within seven days compared to 30 days on MyBookie. Additionally, MyBookie’s sports welcome bonus is more universally available than BetMGM’s, which is currently offered in roughly 18 states. This offer is not extended to DC, MS, NV, or NY.
In addition to its generous welcome bonus, MyBookie offers a variety of other promotions. A 25% up to $1,000 sports reload is an exciting promo offered to existing customers. MyBookie also awards a $200 referral bonus every time you successfully invite a friend to the site. You may also find promotions tied to specific sports or events, allowing you to increase your stakes or receive free bets.
Similarly, BetMGM values player retention and offers ongoing promotions and rewards to keep you coming back. For example, you can use the Money Monday Club, which offers a free bet bonus every week. You can earn a free bet to use the following week by placing a certain amount of wagers in a week. There is also the “Parlay Plus”, which boosts your winnings on a successful parlay bet. The boost depends on the number of selections in your parlay: the more ambitious your bet, the bigger the potential boost.
When comparing the two, both MyBookie and BetMGM offer exciting ongoing promotions to enhance your betting experience. However, MyBookie offers simpler promos to their existing players and is more generous overall. For example, compared to MyBookie’s up to $200 referral bonus, BetMGM offers up to a $50 bonus for each friend you refer. Interestingly, you can refer up to no more than 20 friends on BetMGM. There is no such restriction on MyBookie.
Loyalty programs are a critical factor to consider when choosing your sports betting platform. They offer an opportunity to get more value from your betting experience. Both MyBookie and BetMGM have loyalty programs tailored to reward their US-based players.
MyBookie offers a three-tiered VIP program – Heart, Club, and Diamond. Becoming a MyBookie VIP means you will qualify for many exclusive benefits, including dedicated VIP support, bigger welcome bonuses, higher betting limits, faster payouts, extra deposit options, monthly cashback, a designated account manager, and much more.
As you wager and participate more, you’ll climb through the ranks, unlocking more significant advantages and making your sports betting journey even more enjoyable.
BetMGM also features an excellent reward program – the operator calls it membership. You automatically become a member of the five-tier BetMGM Rewards after signing up with its app. However, it is not as good as the MyBookie VIP scheme. MyBookie offers a straightforward loyalty program understandable to even novice players, whereas BetMGM Rewards demands more customer loyalty and engagement.
MyBookie offers an impressive list of popular U.S. leagues. It is among the best football sportsbooks, top baseball sportsbooks, and leading betting sites for hockey. Whether you’re an avid follower of the NFL, NBA, MLB, NHL, MLS, or NCAA, this platform has you covered.
Aside from major U.S. leagues, MyBookie also provides betting markets for international leagues and sports events, including prominent soccer leagues. You can even find prohibited bets like election betting on this site. It has provided top-notch mobile betting to U.S. bettors for the last decade.
On the other hand, BetMGM is also known for its extensive sports coverage. All the major U.S. sports, leagues, and college sports are available on this legal betting app. However, while BetMGM’s prestigious app is excellent, the locally licensed operator cannot offer odds on many exciting options like betting on elections and the stock exchange and college prop betting in those states where it is prohibited.
In conclusion, both platforms cater to a broad spectrum of sports fans, providing access to a diverse range of leagues and sports. However, MyBookie’s ability to offer greater market coverage gives it an obvious advantage over BetMGM. The choice between the two would come down to your personal preferences, the sports you follow, and the leagues and betting markets you’re most interested in.
One of the standout features you’ll enjoy at MyBookie is the live betting feature. This allows you to place wagers as the action unfolds in real time. Whether it’s a touchdown in an NFL game, a home run in an MLB match, or a goal in the Stanley Cup final, you can bet on it as it happens.
The odds update dynamically, allowing you to take advantage of fluctuating odds. This feature adds extra excitement to your betting experience, making every moment of the game an opportunity for a potential win. However, it does lack an early cash-out feature, that enables you to settle your bets early to lock in your profits or minimize losses.
BetMGM also enhances the excitement of your betting experience with live betting options. This means you don’t have to place all your bets before the game begins. Instead, you can assess the game’s progression and make informed decisions based on what you see happening in real time. They also offer the early cash-out feature that MyBookie lacks.
In conclusion, both platforms offer dynamic live betting experiences. Depending on your personal preference, either platform could be an excellent choice for enjoying the thrill of live sports betting.
Winner: It’s a Tie
Understanding and comparing odds is a crucial part of sports betting. It can make the difference between a significant win and a disappointing loss.
MyBookie stands out for its competitive odds. As a bettor, you can anticipate favorable odds across various sports. Whether your interest lies in football, basketball, baseball, or hockey, you’ll find the odds to be on par with or even better than many other platforms. For example, imagine you’re betting on a basketball game. The platform might offer odds of -105 for both teams, which means you’d have to bet $105 to win $100.
BetMGM is also committed to providing a seamless and enjoyable betting experience, thanks to the competitive odds it offers. For instance, in a football game, you might find odds of -110 for your favorite team, meaning you’d have to bet $110 to win $100. However, they’re no comparison to the odds available at MyBookie, one of the top reduced juice sportsbooks. It is because, unlike BetMGM, the offshore site doesn’t have to pay hefty regulatory and licensing fees.
When choosing a sports betting platform, the user experience is as important as the odds offered. Finding a platform that’s intuitive, easy to navigate, and provides a seamless experience from sign-up to placing your bets is essential.
MyBookie has a user-friendly interface that makes it easy for you to navigate through various sports and betting markets. As a new user, you’re also eligible for a generous welcome bonus, which gives you an excellent start to your betting journey. The platform further ensures you have a reason to keep coming back with ongoing promotions and rewards.
The interface at BetMGM is no less impressive. Recognized for its great bonuses and excellent customer service, it makes a mark with an equally user-friendly interface. It offers an impressive welcome bonus, keeping you engaged with various other promotions. The platform is designed to cater to its players, providing an engaging, thrilling world of sports betting at your fingertips.
Winner: It’s a Tie
Mobile betting is all about convenience and ease of use. When comparing the top mobile betting apps like MyBookie and BetMGM, it’s important to consider some key features.
The MyBookie mobile app is known for its user-friendly interface and seamless betting experience. It offers a wide range of sports and betting markets, matching the extensive offerings of its desktop version. This platform ensures you can place wagers, manage your account, and even make deposits and withdrawals from your mobile device. It’s available for both Android and Apple devices, providing a complete betting experience at your fingertips.
On the other hand, the BetMGM sportsbook app is also known for its excellent customer service and generous bonuses. Indeed, the state-of-the-art app is one of the best in the US. However, this prestigious platform is limited to less than two dozen states, unlike MyBookie’s universal availability nationwide. If your state doesn’t have legal sports betting, MyBookie might be the better option.
MyBookie offers a variety of payment options to make the deposit process seamless and convenient. Traditional methods such as DiscoverCard, American Express, Visa, and MasterCard are all accepted, providing you with familiar and trusted ways to fund your account.
If you’re not a fan of credit cards, you can opt for MoneyGram. This flexibility ensures you can easily find a method that suits your needs. If you’re tech-savvy or prefer the benefits of cryptocurrencies, this platform accepts popular digital currencies like Bitcoin, Bitcoin Cash, Ripple, Dash, Litecoin, and Zcash. However, its withdrawal options are somewhat limited, with only Bitcoin and bank wire transfers available.
On the other hand, BetMGM also provides extensive banking options, including Mastercard, VISA, AMEX, Discover Card, instant bank card, check by mail, and bank wire transfer. However, cryptocurrencies are not available on this sports betting platform.
In conclusion, both platforms offer diverse deposit methods, but MyBookie has an edge with its cryptocurrency options. Most U.S. bettors prefer to use crypto banking for anonymous betting and value cryptocurrency sportsbooks over outdated FIAT-only betting platforms. You don’t have to give your personal information using this advanced payment method.
Customer support is a vital component of any online betting platform. It provides the assistance you need when encountering challenges or having questions about your betting journey.
MyBookie prides itself on top-notch customer support. You can get assistance via live chat, giving instant access to knowledgeable representatives who can address your concerns in real-time. This efficient method ensures you can focus on your betting experience without interruptions.
In addition to live chat, this platform also has an extensive FAQ page covering a wide range of topics, from account management to betting rules. If you need more personalized assistance, you can reach out to customer service via email or speak directly with a representative over the phone.
BetMGM, on the other hand, offers a comprehensive Help Center or FAQ section on its website and app. This feature covers various topics, including account management, deposits, withdrawals, and betting rules. Besides offering localized in-person assistance, BetMGM allows you to contact them via email or phone. However, while both platforms prioritize support, MyBookie offers more diverse contact methods.
MyBookie and BetMGM are two of the safest betting sites on the internet. MyBookie is renowned for its commitment to player safety, utilizing state-of-the-art encryption technologies to safeguard your personal and financial data. Its transparency about its security measures is a reassuring sign of its dedication to providing a safe betting environment.
BetMGM also prioritizes safety and security. It employs cutting-edge encryption technologies to protect your personal and financial information. The platform is licensed in the US, giving it an edge in terms of safety from a legal perspective. It also offers secure payments, has many sports wagering options, and always pays out winnings on time.
To summarize, both platforms demonstrate a solid commitment to player safety, making them reliable choices for your betting journey. They also support responsible gambling, adding an extra security layer and indicating a holistic approach to player safety. Choose a platform that best meets your safety and security needs to ensure a worry-free betting experience.
Winner: It’s a Tie
Yes, MyBookie is indeed legal for US-based players. It operates under a license issued by the Curacao eGaming Authority, ensuring it complies with necessary regulations. As a player, you can bet confidently, knowing that your activities are within the legal framework. Always check your state’s specific laws regarding online betting, as they vary.
According to our experts, MyBookie is better than BetMGM. If you want more generous bonuses, competitive odds, greater market coverage, and crypto banking, you won’t go wrong with MyBookie. Another of the biggest advantages of MyBookie is its universal availability in the US, compared to BetMGM’s existence in less than two dozen states.
MyBookie is a licensed entity committed to fair practices, including prompt and accurate payouts. The withdrawal methods include Bitcoin, e-checks, and bank wire transfers. All these payout methods are legit, with Bitcoin making MyBookie one of the fastest cash-out sportsbooks in the U.S.
MyBookie provides a better welcome bonus package, offering 50% up to $1,000 on your sign-up. In contrast, BetMGM offers a First Bet Offer of up to $1,000. You will get $1,000 only if you lose your first bet, compared to a traditional welcome bonus you will surely get when signing up with MyBookie.
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