BetMGM New York: Welcome Bonus Code and Sportsbook Review
BetMGM New York Sportsbook is officially live! Use our BetMGM promo code USBETTING for a $1,000 Risk-Free Bet!
Legal online sports betting has come to New York, and it’s time to take a look at everything that BetMGM NY offers. We’ll tell you what you can expect when you wager with BetMGM New York, what kinds of betting markets you’ll see, and what other promotions could be in place beyond that introductory BetMGM New York Sportsbook promo code.
You’ll be able to bet with confidence anywhere in New York state, on all your favorite New York teams… with only a couple of exceptions. For instance, betting on in-state college teams is not permitted, whether through BetMGM New York or any of the other sportsbooks licensed to operate by the state. But with plenty of action across all the major sports, the time is now to get in the game.CLAIM BONUS
BetMGM Sportsbook NY: Bonus Codes
It’s a simple equation: If you’re informed, you’re going to bet more intelligently, and if you bet intelligently, you’re more likely to win. So before you start using BetMGM New York, you’re going to want to know the basics.
Get the lowdown on what our BetMGM New York bonus code is going to get you, and some of the features you’ll see. And we’ll also tell you what we like about the BetMGM experience and where we thought it could use some improvement.
BetMGM New York Welcome Bonus
The first thing you’re going to want to know is what kind of introductory bonus you’re looking at from BetMGM New York sportsbook, and we’ve got you covered. By using our bonus code USBETTING, you’ll qualify for a $1,000 risk free bet.
How does that work? Simply open a new BetMGM account and use that code. Once you’ve made a $10 minimum deposit to your bankroll, your first bet will be a risk-free bet, meaning that even if your first bet doesn’t pay off, you’ll get your stake returned to you in the form of credit, up to $1,000. From there, you’ll be able to take advantage of offers from the Promotions tab on the top of the webpage or the bottom rail of the app.
BetMGM New York Pricing
Now that we’ve seen the New York launch of the first round of sportsbooks, we’re able to observe the ways the heated competition benefits the bettor. You’re going to be able to find favorable betting odds if you shop around and know where to look. This results in more money when you win, and less of a hit when you lose.
In the biggest markets, betting odds are often similar- but any edge is worth exploring. We found that BetMGM consistently offers competitive lines, and frequently gives the best action in New York on the most popular bets. To be specific, if you’re betting moneylines, spreads, or totals, especially on football and basketball, there’s a reasonable chance the best betting odds you’ll get in New York come from BetMGM.
How to Bet on BetMGM Sport Betting
If you peruse legal sports betting operators in New York, you’ll find a lot of common ground – every place has point spreads, over/unders, and moneylines. Every place will let you bet on the most popular sports in America. But the differences are what makes one book stand out over another, and BetMGM has plenty going on to set itself apart from the competition.
Live Sports Streaming At BetMGM
Want to bet on EuroLeague basketball but don’t want to add some channel in the 700s to your cable plan to keep track of the action? The BetMGM sports betting app allows you to live-stream a number of sporting events from around the world. Their streaming content began with soccer and tennis, but now includes golf, table tennis, and snooker just to name a few.
BetMGM Live Betting
While this is a common feature among the NY sportsbooks, it bears mentioning that BetMGM has a live betting option. Rather than just locking in a bet on the New York Jets ahead of kickoff, you can follow along during the game through the app and make new wagers based on the action in progress. BetMGM helpfully adds colored arrows as the odds change in real-time and responds quickly to ensure you can lock in your wager when you see lines you like.
Early Bet Cash Outs
Some parlays and straight bets on BetMGM are eligible for the Cash Out option to protect your winnings or cut your losses. The Cash Out feature lets you settle a bet ahead of the final outcome of the game, so you can set aside a portion of your potential payout if the oddsmakers think your original bet would ultimately pay out.
Conversely, if your bet seems to be a likely loser, the Cash Out will let you call it done early and preserve a piece of your initial stake.
Are Same Game Parlays Allowed?
BetMGM New York features a One Game Parlay feature that offers plenty of exciting options. From the menu of betting options on a single game, you’ll be able to select from a series of pre-built One Game Parlays, as well as the chance to build your own from a vast menu of options. Better still, one of the common promotions run on BetMGM is the One Game Parlay Insurance option, which will return a portion of your bet if you miss a single leg.
Frequency Of Odds Boost
BetMGM Sportsbook offers a single daily boost in odds, which they have branded the Lion Boost. The Lion Boost enhances the betting odds – increasing the potential payout of one betting option, generally, something the oddsmakers see as being a 25-to-30% likelihood of hitting.
The boost in odds may apply to a straight bet or a simple parlay. For instance, you may see a Lion Boost offer for the Brooklyn Nets to cover a 2.5 point spread as the favorites, parlayed with the over on a 224.5 point total. A bet like that was recently featured as a BetMGM Lion Boost, kicked from +225 up to +275.
Other Betting Features
🔥 Money Monday Club
|If you’re planning on using the BetMGM online sportsbook, you’ll want to be aware of one of their most popular running promotions. If you opt in to the Money Monday Club and bet $50 or more in qualifying wagers, they’ll throw you a $10 free bet, week in and week out. Not too shabby.|
🔥 Edit My Bet
|If a single bet or parlay is eligible for a Cash Out, you can also add, remove or swap selections, or add to the stake you’ve already laid down.|
🔥 Parlay Insurance
|Miss a single leg of a qualifying parlay and get up to $25 back.|
🔥 Referral Bonus
|Invite a friend to join and you both get a cash bonus if they do.|
🔥 Boost Tokens
|Bump up the payout on a bet in a specific event, such as a tennis tournament.|
About the BetMGM Sportsbook App
The BetMGM Sportsbook mobile app is available for iOS via the App Store, and Android through Google Play and only takes up about 16MB on your device. We’re big fans of the live-streaming option to improve an already exciting live-betting experience.
And as great as the pre-made options are for One Game Parlays, we would be remiss if we didn’t mention the parlay generator, which is definitely cool and something we haven’t seen through any other online sports betting app in New York. The parlay generator lets you set parameters around odds or potential winnings based on spreads, moneylines, or totals and builds a parlay to fit your size and specifications.
BetMGM Mobile App
In New York, BetMGM provides an excellent mobile app to service sports bettors. The app is available on iOS and Android, and easily acquired through their respective stores. You can count on a secure and stable experience that rarely stalls out as long as your connection is sound.
BetMGM has provided a separate NY sports betting app experience for tablet users, but we found the phone version easier to navigate. The layout is clean and uncluttered, but allows users to get to what they’re looking for without getting in the way of itself. It’s truly a strength of the product.
BetMGM Pros and Cons
|✅ $1000 Risk-Free Bet is a great intro offer||❌ Only one odds boost a day|
|✅ Streaming video enhances live betting option||❌ Tablet app experience can be frustrating|
|✅ Guides welcoming to new sports bettors||❌ Could use more easily accessible support|
|✅ Partnerships with New York Rangers and New York Knicks|
Advantages of BetMGM NY
When it comes to online sports betting in New York, BetMGM has several positive qualities that help it stand out in a crowded field. Between the introductory $1,000 risk-free bet and the guide baked into the promos tab, it’s a welcoming environment for inexperienced sports bettors. The ability to stream certain events takes the already exciting live-betting experience to a higher level than some of the competition.
The large variety of options around both major sports and more specialized games means that you’re likely to find online wagering action you’re looking for. What’s more, the favorite teams feature allows you to get to your faves quickly.
Finally, the recently announced partnership with Madison Square Garden and its affiliated teams, the Rangers and Knicks, hold the promise of plenty of great perks around their games and other events held at The World’s Most Famous Arena.
Drawbacks of BetMGM New York
No online sportsbook is without its flaws, and there’s room for improvement in a few places when it comes to BetMGM. The Lion Boost is a solid feature, but with only one boost available a day, the limits around its usefulness are plain to see.
The tablet instance of the mobile app isn’t as intuitively easy to navigate as the phone version and can be frustrating to get around in. And the customer support feature (we’ll dig into that below as well) makes it challenging to reach a rep, at least compared to some of the other New York sports betting operators.
The good outweighs the bad, all of these drawbacks are worth considering.
What to bet on with BetMGM NY
Some of the sports betting providers stick to just the biggest of the American markets, but BetMGM isn’t one of those books. You’ll find action in markets from all around the world and all sorts of options in each of those markets. Here are some of the sports wagering markets you’ll be able to take advantage of with BetMGM.
- 🏸 Badminton
- ⚾ Baseball
- 🏀 Basketball
- 🥊 Boxing
- 🏏 Cricket
- 🚴 Cycling
- 🎯 Darts
- 🏈 Football
- 🏎️ Formula 1
- ⛳ Golf
- 🤾 Handball
- 🏒 Hockey
- 🥍 Lacrosse
- 🥋 Mixed Martial Arts
- 🚙 NASCAR
- ♾️ Olympics
- 🏉 Rugby League
- 🏉 Rugby Union
- 🎱 Snooker
- ⚽ Soccer
- 🏓 Table Tennis
- 🎾 Tennis
- 🏐 Volleyball
So whether your favorite hockey team is the New York Islanders or IK Oskarshamn, or if you prefer TSG 1899 Hoffenheim to the New York Giants, you’ll get betting odds an all your favorites.
BetMGM New York Betting Must Know
Whether you’re new to sports wagering or have have been haunting the retail sportsbook scene on the Las Vegas Strip, you’re going to find exciting options at BetMGM New York. If all you want is to bet $10 on the New York Giants to cover the spread, or if you want to build a 10 leg parlay around Croatian Premijer Liga basketball, BetMGM Sportsbook can handle it. And if you don’t know what any of that means, the next section is just for you. Read up, there’ll be a quiz later. At your Super Bowl party.
BetMGM New York Betting Options
|The moneyline is a straightforward bet on who will win a particular contest. When the heavily favorited Buffalo Bills faced the Patriots in the 2022 Wild Card Round, BetMGM listed the Bills at -225 and the Patriots at +175 – meaning that a $50 bet on Buffalo would have paid out a total of $72.22, where a $50 bet on the Pats would have betted $137.50 had they won.|
🎁 Spread Bets
|A bet on the spread is a wager on the difference in the final score – it’s a way to level the field on teams and offer similar betting odds on each side, usually -110 or near it. BetMGM set the Bills point spread at -4.5, meaning a win by 5 or more would cover their side of the bet, and that the Patriots (at +4.5) could have lost by as many as 4 points and still covered.|
🎁 Parlay Bets
|Parlay bets combine more than one wager into a single bet in such a way that every wager (leg) has to hit for the bet to win. You parlay the New York Jets, Buffalo Bills and LA Rams all to cover their spreads on same Sunday, for instance. Each leg of the parlay makes the odds longer and the potential payout better. If all three of those teams cover, you win. If only two do? That’s why they call it gambling.|
🎁 Total Lines
|A totals bet is a wager on the combined score of an event. The oddsmakers could set the totals line for a game between the New York Knicks and the Heat at 203.5 points. It’s up to you to predict whether the score will be higher or lower at the end of regulation, which is why this is also knows as the over/under.|
🎁 Futures Bets
|If you’re looking to wager on something that isn’t going to be settled in the next week or so, that’s a futures bet. For instance, if you like what you see when the New York Yankees break camp in Ft. Lauderdale, you can place a futures bet on the Bombers to win the World Series, which, when this was written was listed at +1100 on BetMGM New York.|
🎁 Prop Bets
|If your wager isn’t related to the final outcome of a sporting event, you’re talking about a prop bet. A prop bet on hockey could be wagering that the New York Rangers will score first, or an over/under on how many saves Alexandar Georgiev will rack up.|
What To Expect When Registering for a BetMGM Sportsbook Account
If you’re looking to to open up a BetMGM account, you’ll be glad to know you can do it through their app or website. Simply navigate to their app homescreen or the registration page on your web browser. From there it’s a series of just a couple steps and you’re on your way.
- Enter your name, email address and date of birth.
- Come up with a user name and password you don’t use anywhere else, and provide your phone number and last four digits of you SSN for security purposes.
- Enter your mailing address.
- Create two security questions and answers.
- Enter the promo code USBETTING for an up to $1,000 risk free bet.
- Accept the terms and conditions, including agreeing that you are at least 21 years old.
BetMGM Sportsbook Account Payment Options
T0 get the most out of your risk free first bet, you’ll need to give yourself a bankroll. Fortunately, there are plenty of ways to get your money into your account instantly. It’s an easy process, especially after you’ve decided on your preferred method of bankrolling. Check out the following options, but note that there’s a $10 minimum deposit.
- 💳 VIP Preferred e-check
- 💳 BetMGM Prepaid+
- 💳 Visa
- 💳 Mastercard
- 💳 American Express
- 💳 PayPal
- 💳 Online Banking
- 💳 PayNearMe
- 💳 Discover
- 💳 M Life Mastercard
- 💳 BetMGM Gift Card
Withdrawing your money is just as easy as depositing it, though depending on the method, the time you’ll be waiting for it varies. The quickest methods are Visa and PayPal, which will hit your accounts in under 24 hours. If you require a paper check, you could be waiting as long as three weeks. So before you bet online, make sure you see a withdrawal method that works for you from the following:
- 💳 Visa
- 💳 PayPal
- 💳 VIP Preferred e-check
- 💳 Online banking
- 💳 Play+ Prepaid Card
- 💳 Check by mail
- 💳 Casino cage (Only in Michgan and New Jersey)
In New York, BetMGM offers a handful of other contests throughout the year to entice players to use their service. The one that caught our eye is called “8-Bit Barry”, an homage to old school football video games with football legend Barry Sanders. Win a round of “8-Bit Barry” and you’ll walk away with a Free Bet, a Risk-free bet token, or a token good for a Parlay Boost.
As you might expect, this is a promotional game built around football season, so it’s fair to expect this will get rotated out in favor of a new game after the Super Bowl comes and goes.
As a part of MGM Resorts International, BetMGM is also tied into the M life loyalty rewards program that spans the MGM Resorts empire. If you already have an M life account, and you can link it to your new BetMGM account or vice versa. Every dollar wagered earn points good for moving up the rewards tiers at M life, and the tiers qualify you for all kinds of perks at MGM Resorts International properties, including the Empire City Casino in Yonkers, the Borgata in Atlantic City, MGM Springfield in Western Massachusetts, and a dozen or so places in Las Vegas.
Because M life is a loyalty program that’s built around casino gaming, the perks may not be worth the trouble for casual gamblers or sports betting enthusiasts who don’t want to do their traveling around in-person gambling.
BetMGM User Experience
New players at BetMGM New York will quickly get the hang of how easy they’ve made it to get around the interface and select the markets, games and options they’re looking for. Even a sport that’s out of season is easy to access. It only took a few taps on the screen to place a futures bet on the New York Yankees to win the World Series.
Though we’ll note again that the phone instance is more intuitive than the tablet, which uses arrow buttons in some places where the phone allows a scroll. It’s a small setback, but anything that gets in the way of the action is going to detract from our enjoyment.
BetMGM Website Interface
The web instance of BetMGM is similar to the app instance in that it offers a clean, newbie friendly experience with all the most popular markets in easy reach. Obviously, the larger screen size makes the whole thing even easier to navigate, and we really appreciate having the parlay builder and a dropdown menu of the events where live streaming is available. It’s easy to get to the promoted parlays and any other market a bettor would look for.
Customer Support Methods for New York Sports Bettors
The good news is that BetMGM features our two most preferred methods of reaching a customer support agent – live chat runs 24/7, and they also have an e-mail support feature. The catch is that before you have access to either option, you have to navigate their menu of topics. There are times where that’s helpful, since plenty of issues can be worked out with a FAQ.
But if you know that your issue will need personal attention, it’s frustrating to have that additional layer in place, it’s like when you call a place and have to say “representative” 27 times before you get a person. Also the chat and email are the only options after the FAQ. While those are the methods we like best, our way is not the only way.
Safety and Security of BetMGM Sports Betting App
Like any other Sports Betting App regulated by the state of New York, BetMGM places a premium on protecting the information you give them. The site and apps use a secure connection and similar data encryption to the kinds used by banks, to ensure that any information, including data related to identity or finances, is protected.
Security is a two-way street, however. Be sure to use a password you don’t use anywhere else, and don’t leave it on a piece of notebook paper next to your computer. A strong password (not “Password123”) and setting up 2 Factor Authentication can be your best bet at keeping your account from getting into the wrong hands.
Measures To Ensure Betting Responsibly
Responsible gambling is a vital part of the business, and BetMGM has features in place to give you the best chance to keep from getting in over your head. You can place limits on your account at BetMGM to top out the amount of money you deposit or spend, or time spent over the course of a day, week, or month.
BetMGM also offers a “cool off” period during which you ‘ll be unable to access your account for a minimum of 72 hours. If that’s not enough, you can select their self-exclusion option, which will lock you out for a minimum of twelve months.
If you think you may have a gambling problem, please take advantage of the New York State Gaming Commission Responsible Gaming Resources or text HOPENY.
Taxes On New York Sports Betting
Gambling winnings, whether online or through a retail sportsbook are taxable income. You’re responsible for keeping track of your winnings, and if they exceed $600, be prepared to fill out some paperwork for when Uncle Sam and your friends in Albany come for their cut. State tax rates range from 4 to 8.82%, and you could get another bite taken out if you live in New York City, which can collects its own income tax. Point is, you’ll want to keep accurate records, and consult a tax pro if you get confused.
The Origins Of BetMGM Sportsbook NY
BetMGM is a part of MGM Resorts International, a gambling and hospitality giant with properties in Las Vegas, New York, six other states and China. MGM Resorts International goes back as far as 1969, when businessman Kirk Kerkorian bought a controlling stake of the Metro Goldwyn Mayer film studio. BetMGM launched in the summer of 2018 and has quickly spread through the states where online gambling has been legalized.
When the pastime was legalized in the Empire State, BetMGM was in the first round of operators to receive a license from the New York State Gaming Commission with the hopes of getting rolling prior to Super Bowl LVI. Regulation by the state made BetMGM legal in New York, and they began taking bets on January 17, 2022.
The US Betting Report Verdict on the BetMGM NY Sportsbook
If you’re going to get into sports betting online, BetMGM absolutely deserves your consideration. And if you’re kicking the tires on a few of the New York sportsbooks, you owe it to yourself to at least play through their risk free offer on the first bet. We found the phone app especially easy to get around and build the kind of bets we wanted.
The odds are pretty competitive across the board, the software is easy to use and the promotions come quickly enough that even the frankly lacking Lion Boost can be overlooked in favor of some of their juicier offers.
Finally, we can’t say enough about how easy (and fun) it is to quickly whip up a great basketball bet through their parlay generator. And if you’re new to sports betting, the platform is built for ease of use for novices. We wholeheartedly recommend trying BetMGM New York to see if it suits your style of betting.
FAQs about Online Sports Betting with BetMGM
👉 Does BetMGM NY offer legal mobile sports betting in New York?
- Yes. BetMGM Online Sportsbook is live and accepting bets anywhere in New York State. New York bettors can use the BetMGM sports betting app in addition to their secure website.
👉 Does BetMGM Offer Risk-Free Bets?
- Using our promo code, USBETTING, you can open your BetMGM account with a maximum $1,000 risk-free bet. BetMGM New York also features smaller risk-free bets on a regular basis, usually up to $25.
👉 Can I bet on college sports with BetMGM NY?
- Betting on college sports is legal through BetMGM New York. However, bets on in-state college teams are not permitted by BetMGM Sportsbook or any other online sports betting service in New York.
👉 Does BetMGM NY have an online casino?
- BetMGM Casino is available in Michigan, New Jersey, Pennsylvania and West Virginia. Currently online casino games are not legally available in New York.
👉 Can I live bet at BetMGM NY?
- BetMGM New York features live betting options, including on events you can stream through the BetMGM Sportsbook app.