BetMGM vs. DraftKings – Which Sportsbook is Higher?

BetMGM and DraftKings have emerged as two of the hottest on-line sportsbooks within the nation after increasing quickly over the previous few years. Which of those on-line sports activities betting manufacturers is best?

An Overview of Two Nice Sportsbooks

DraftKings turned the primary authorized on-line sportsbook to launch in america when it made its debut in New Jersey on August 1, 2018. The model was already well-liked because of the success of its day by day fantasy sports activities contests. It made a pure transition into sports activities betting after the Supreme Court docket declared the Skilled and Beginner Sports activities Safety Act (PASPA) unconstitutional. The ruling allowed states outdoors of Nevada (and Oregon, Delaware and Montana, to an extent) to pursue regulated sports activities betting and DraftKings was prepared. Three weeks later, BetMGM – initially working as PlayMGM – turned the nation’s second on-line sportsbook. Each DraftKings and BetMGM Sportsbook shortly expanded out of New Jersey and launched in lots of states throughout the nation, the place they compete for purchasers by providing giant bonuses and tempting odds.

BetMGM

BetMGM is a three way partnership between on line casino large MGM Resorts Worldwide and UK on-line playing heavyweight Entain. MGM has casinos throughout the nation, placing it in a chief place for market entry, whereas Entain has a wealth of trade experience, having operated well-liked manufacturers similar to Ladbrokes, Coral, Bwin, and PartyPoker for a few years. The holding firm for the 50-50 BetMGM three way partnership is known as ROAR Digital, and it additionally operates the Borgata on-line Sportsbook in New Jersey (MGM Resorts Worldwide runs the land-based Borgata on line casino).

DraftKings

Entrepreneurs Jason Robbins, Matt Kalish and Paul Liberman created DraftKings again in 2012, and it initially operated out of Liberman’s home. It launched its first DFS contest in 2012 across the begin of the MLB season. By 2018, DraftKings was a family title throughout the nation, having invested closely in advertising campaigns to advertise its well-liked contests, which flourished earlier than sports activities betting was legalized. When the Supreme Court docket overturned PASPA, the regulation that banned sports activities betting outdoors of Las Vegas, in 2018, DraftKings added a web-based sportsbook powered by Kambi.

Two years later, DraftKings Sportsbook merged with white-label sportsbook supplier SBTech – and a particular function acquisition firm – and have become publicly traded on the New York Inventory Trade. It then switched from the Kambi platform to SBTech. The corporate’s market valuation soared, leaving it flush with money. In August 2021, it agreed to accumulate Golden Nugget On-line for almost $1.6 billion in inventory. DraftKings then launched an audacious $22.4 billion bid to purchase Entain, the co-owner of BetMGM. That would have brought about a serious headache for MGM Resorts Worldwide, however the bid finally collapsed as a consequence of numerous points, together with the issues relating to the BetMGM Sportsbook three way partnership. As such, BetMGM and DraftKings stay rival on-line sportsbook manufacturers. They each supply on-line casinos in some states, too. DraftKings continues to supply its DFS contests throughout the nation, whereas BetMGM has a web-based poker site.

A Comparative Breakdown of BetMGM vs. DraftKings

BetMGM and DraftKings are two of the finest on-line sportsbooks within the enterprise. But they every have their strengths and weaknesses, so we’ve got damaged the battle down into a number of key classes: Welcome affords, ongoing bonuses, obtainable sports activities, cellular app, high quality of the chances, in-play betting, deposits and withdrawals, partnerships, and loyalty packages. Learn on to be taught which sportsbook stands out in every class.

Welcome Gives

DraftKings supply a 20% match deposit welcome bonus of as much as $1,000. To get the total $1,000 it’s essential deposit $5,000. There’s a 25x rollover requirement, which implies for each $25 wager, $1 will probably be launched into your account. DraftKings launches a brand new, attractive welcome bonus each week or two. The DraftKings Sportsbook promo code permits new clients to make a deposit of $5 after which wager $1 on any NFL, NBA, Faculty Basketball, Faculty Soccer or UFC moneyline. If both group scores, or if both fighter lands a punch, you get a $100 free wager bonus. No less than one group scores in each soccer or basketball recreation, and no less than one punch is landed in each UFC bout, so that is primarily a “Guess $1, Get $100” bonus. The credit score is split into 4 $25 free bets, every with a 1x rollover requirement. DraftKings Sportsbook affords welcome bonuses of this nature on an ongoing foundation. They’re extra engaging than the BetMGM Sportsbook $1,000 risk-free wager bonus, which explains why BetMGM has began to launch related affords.

Winner: DraftKings Sportsbook

Ongoing Bonuses & Promotions

BetMGM Sportsbook bonus code affords tons extra ongoing bonuses and promotions than DraftKings. In the event you worth day by day bonuses, BetMGM Sportsbook is a superb alternative. Its “Cash Monday Membership” promotion provides you a free $10 wager every week if you happen to place $50 price of wagers throughout the earlier seven days. There’s additionally a free-to-enter sportsbook contest referred to as “Deal with the Weekend,” the place you’ll be able to win as much as $50,000 in money prizes every week by accurately guessing the highest scoring NFL groups. BetMGM Sportsbook additionally affords as much as 40% further on profitable parlays with 4 to seven legs, together with one recreation parlay insurance coverage on NFL, NBA, school soccer, and Premier League soccer. BetMGM supplies extra odds boosts than DraftKings, too.

The “Promos” part at DraftKings seems to be just a little threadbare by comparability. It affords nice welcome bonuses, however there usually are not many ongoing promotions. You may earn as much as $100 through its refer a buddy promotion. There’s additionally a on line casino bonus that gives $100 in free wager credit score, and you may participate in free-to-play day by day swimming pools, which provide money prizes to the bettors on the prime of the leaderboard. DraftKings additionally supplies day by day odds boosts, however fewer than BetMGM Sportsbook.

Winner: BetMGM Sportsbook

Accessible Sports activities to Guess On

It’s price noting that BetMGM runs on Entain’s proprietary know-how, so you’ll obtain a singular consumer expertise at that sports activities playing web site. DraftKings Sportsbook runs on the SBTech platform, which additionally powers the likes of Betway, Golden Nugget and Resorts Sportsbook, so it affords a really related consumer expertise to these websites.

Sports activities like Aussie Guidelines and water polo usually are not all the time proven on the homepage, however they seem when massive tournaments are happening. Olympic sports activities additionally seem throughout these instances.

The SBTech platform at DraftKings Sportsbook listed 19 sports activities on the time of this evaluate. It didn’t have biking and volleyball, however they do seem when occasions just like the Tour de France and the FIVB World Championship are happening. DraftKings Sportsbook doesn’t cowl lacrosse or biking. BetMGM Sportsbook subsequently has a slight edge, however they’re area of interest sports activities.

In terms of the key sports activities, each manufacturers cowl them in exhaustive element. For instance, BetMGM has on-line sports activities betting on basketball in Argentina, Australia, Brazil, Croatia, France, Germany, Iceland, Israel, Italy, Japan, Lithuania, Poland, Portugal, South Korea, Spain, Sweden, Turkey, and the UK, alongside NBA and school basketball. DraftKings Sportsbook additionally covers most of these nations.

It’s shut, however BetMGM does cowl extra sports activities and affords a barely broader collection of betting choices.

Winner: BetMGM Sportsbook

Cellular Betting App – Which is Higher?

Each BetMGM and DraftKings Sportsbook have a mean score of 4.8 out of 5 from iOS customers on the App Retailer. Customers at Google Play are usually extra crucial. BetMGM has a mean score of simply 2.4 there, though it’s from a small base, whereas DraftKings Sportsbook has a mean score of three.8 at Google Play. A couple of customers have complained about bugs and technical points on each apps, however the majority of shoppers are very pleased with the cellular betting expertise they’ve obtained.

Each BetMGM and DraftKings Sportsbook have a mean score of 4.8 out of 5 from iOS customers on the App Retailer. Customers at Google Play are usually extra crucial. BetMGM has a mean score of simply 2.4 there, though it’s from a small base, whereas DraftKings Sportsbook has a mean score of three.8 at Google Play. A couple of customers have complained about bugs and technical points on each apps, however the majority of shoppers are very pleased with the cellular betting expertise they’ve obtained.

Each apps are polished, straightforward to navigate, and user-friendly. BetMGM packs extra options and betting choices into its app, so that you may discover it a extra complete sports activities betting platform. But DraftKings tends to run just a little smoother. Pages load faster, and it is vitally straightforward to position bets utilizing the DraftKings app. BetMGM has a light-weight, aesthetically pleasing background, whereas the DraftKings Sportsbook app has a extra fashionable and trendy black background. These are two of the finest sports activities betting apps within the trade, bar none.

Winner: DraftKings Sportsbook

Odds Comparability

Each on-line sports activities betting manufacturers supply normal juice sides and totals for NFL, NBA, school soccer and school basketball video games. Additionally they take an analogous margin on moneyline bets. There’s not a substantial amount of uniformity to the margins that both sportsbook takes on its moneylines. Typically DraftKings Sportsbook affords a tighter margin on a recreation, however BetMGM Sportsbook affords tighter margins on different video games.

One factor price stating is that BetMGM and DraftKings typically open with contrarian strains and odds. They don’t seem to be afraid to go in opposition to the broader consensus strains provided by nearly all of their rivals. For that purpose, BetMGM will typically present market main moneyline odds on one group, and DraftKings will typically present the perfect moneyline odds on the opposite group.

Additionally they repeatedly supply level spreads that differ from nearly all of their rivals. For instance, if most sportsbooks make Cleveland the two.5-point favourite to beat Baltimore, you may discover that Cleveland is the 3-point favourite at BetMGM and the 2-point favourite at DraftKings Sportsbook. In that case, BetMGM can be the best choice for betting on Baltimore, and DraftKings can be the best choice for betting on Cleveland.

For that purpose, it would make sense to enroll in an account with each sportsbooks. Which means you get two welcome bonuses, however it additionally means you’ll be able to shortly seize the perfect obtainable odds and features at both sportsbook on every recreation. Buying round on your odds and features will increase your probabilities of producing an general revenue over the course of the season.

Winner: Tie

Stay In-Play Betting

BetMGM and DraftKings Sportsbook each supply very complete reside betting sections. They’re each straightforward to navigate, they usually each replace their strains shortly and repeatedly. DraftKings covers extra sports activities in-play, together with the likes of desk tennis, cricket, snooker and darts. Their in-play protection of NFL, NBA, MLB, and NHL video games is fairly related. Nonetheless, BetMGM supplies extra complete reside betting protection of sports activities like soccer, with extra video games to select from, and it covers extra area of interest sports activities like cricket in-play.

BetMGM Sportsbook affords reside streaming of sports activities like soccer, tennis, desk tennis and volleyball inside its app and web site courtesy of a take care of Sportradar. DraftKings Sportsbook has an analogous reside streaming deal in place with Sportradar, however it additionally permits you to watch one reside MLB recreation every week on its app, together with UFC fights and motorsports, so DraftKings Sportsbook could have an edge by way of reside streaming. Each sportsbooks help you money out reside bets earlier than the sport has completed, whereas BetMGM additionally permits you to edit open bets. BetMGM additionally retains you up to date with reside stats and animations on reside sporting occasions, so we’ll give BetMGM a slender win on this class.

Winner: BetMGM Sportsbook

Fee Choices & Money Out

BetMGM accepts deposits through Visa, Mastercard, American Specific and Uncover. You may alternatively use PayPal, Skrill, wire switch, e-check, PayNearMe, or a branded Play+ card, or pay in money on the on line casino cage. DraftKings Sportsbook affords all of these deposit choices aside from Skrill. In the event you like utilizing Skrill, go to BetMGM. In any other case there is no such thing as a distinction. BetMGM has the upper minimal deposit ($10), whereas neither operator expenses charges for deposits and withdrawals.

It takes BetMGM 3-5 days to course of and approve payout requests, which is on the sluggish aspect. DraftKings additionally advises clients that withdrawals are processed inside 5 enterprise days (although they’re sooner at instances), so neither web site is especially fast at paying sports activities betting and on-line on line casino clients. At DraftKings Sportsbook, your payout choices are a web-based financial institution switch, PayPal, VIP Most popular e-check, Play, a wire switch, money on the cage, or examine by mail. BetMGM Sportsbook pays out through e-check, wire switch, PayPal, Play+, Skrill, examine by mail, or money on the on line casino cage.

Each operators present safe, dependable withdrawals, however DraftKings Sportsbook typically pays out faster than BetMGM, so we’ll give it the sting on this spherical of the battle.

Winner: DraftKings Sportsbook

Partnerships

Each of those operators have tied up a variety of partnership offers with sports activities leagues and franchises. It’s the official sports activities betting companion of the New York Knicks, New York Rangers, Philadelphia 76ers, Denver Broncos, Arizona Cardinals, the Vegas Golden Knights and numerous different groups. Its model ambassadors embrace Wayne Gretzky, Barry Sanders, Marshawn Lynch, Chris Johnson, Kevin Garnett, Jalen Rose, and Ariel Helwani, whereas Hollywood star Jamie Foxx fronts lots of the model’s commercials and on-line promos.

DraftKings Sportsbook has extra partnership offers in place than BetMGM Sportsbook, however lots of them are DFS partnerships versus sports activities betting partnerships. It’s an official sports activities betting companion of the NFL, NBA, MLB and NHL, and it additionally has partnerships in place with NASCAR and UFC. DraftKings additionally owns Vegas Sports activities Data Community. Bryson DeChambeau is the face of DraftKings’ golf merchandise. It’s also the sports activities betting and on-line gaming companion of the New York Giants and numerous different groups, so DraftKings Sportsbook clinches a slender victory on this class.

Winner: DraftKings Sportsbook

Loyalty Packages

BetMGM Sportsbook clients will achieve entry to the favored M life Rewards program. You’ll accumulate factors by putting bets, and your factors might be redeemed for rewards at MGM Resorts Worldwide properties similar to Bellagio, Luxor, Mandalay Bay, MGM Grand, The Mirage and New York-New York in Las Vegas, and Borgata in Atlantic Metropolis. You begin off in Sapphire tier, and you may climb as much as Pearl, Gold, Platinum, and at last Noir if you happen to place a big quantity of bets. It is a complete loyalty program, however the redemption price is advanced. It states that you simply get 9 iRewards Factors for a straight wager at odds of -110, and 12.5 factors for a $25 parlay at odds of +300 as a information. If you attain 2,000 factors, you’ll be able to alternate them for a $25 sportsbook bonus.

DraftKings Sportsbook permits you to rack up loyalty factors, generally known as Crowns, by putting sports activities bets, wagering within the on-line on line casino and getting into DFS contests. You obtain 1 Crown for each $2 wagered. You may finally redeem your Crowns for web site credit score, generally known as DK {Dollars}, at a price of round 552 Crowns per $1. That quantities to a cashback price of 0.091%. There are six tiers – Bronze, Silver, Gold, Platinum, Diamond, and Black.

Winner: BetMGM Sportsbook

Location & Availability

Sports activities Provided at BetMGM Sportsbook Vs. DraftKings Sportsbook

Each of those sportsbooks supply very complete protection of main sporting occasions just like the Tremendous Bowl, March Insanity, the NBA Finals, the World Sequence and the Stanley Cup playoffs. They provide pre-game and in-play betting on each NFL, NCAAF, NBA, NCAAB, MLB, and NHL recreation, they usually supply a wealth of futures betting choices too. You may wager on each UFC occasion, Grand Slam, ATP, WTA and Challenger tennis tournaments, PGA Tour occasions, NASCAR races, and all the most important boxing bouts.

BetMGM affords a few further sports activities betting choices – lacrosse and water polo – however normally they’re just about equivalent within the betting markets they supply. They each supply extraordinarily complete protection of soccer, together with the decrease leagues in nations like England, Spain, Italy and Germany, together with leagues in locations like San Marino and Gibraltar. Additionally they present an analogous variety of betting choices on every recreation, with identical recreation parlays obtainable on soccer, basketball, and soccer.

DraftKings On line casino vs. BetMGM On line casino

Bettors in Michigan, New Jersey, Pennsylvania, and West Virginia can play on-line on line casino video games at DraftKings and BetMGM. The DraftKings on line casino options 481 slots, 73 desk video games, seven video poker video games, and 7 particular reside vendor lobbies spanning blackjack, roulette, baccarat, recreation exhibits. It options video games from extremely rated builders similar to IGT, Microgaming and NetEnt. The BetMGM on line casino has a bigger vary of slots (708), extra video poker video games, and an analogous vary of digital desk video games and reside vendor video games. Each websites have lots of the identical video games, however in addition they each have exclusives. Total, BetMGM has a barely higher on-line on line casino, which you’d count on, as its father or mother firm owns a few of the world’s most well-known on line casino properties.

Why Select the BetMGM Sportsbook

BetMGM Sportsbook is among the most refined on-line wagering platforms on the earth. Entain’s proprietary sports activities betting know-how is excellent. It packs a variety of info into every web page, however the elegant design ensures that it by no means feels cluttered. The sporting protection is extraordinarily complete and the chances are aggressive. It supplies a wealth of nice options, together with statistical details about upcoming video games, reside streaming, money out, and a identical recreation parlay builder.

BetMGM additionally affords extra promotions than most of its rivals, together with a beneficiant welcome bonus and a few nice contests. It supplies a number of handy deposit strategies, and withdrawals are all the time safe and dependable. BetMGM additionally beats DraftKings Sportsbook with regards to customer support. It supplies 24/7 assist through reside chat, which is unavailable at DK. BetMGM is a very sturdy all-round on-line sportsbook and we extremely advocate it.

Why Select the DraftKings Sportsbook

DraftKings supplies a few of the most fun sign-up bonuses within the nation, so it’s straightforward to see why it has already racked up such a big buyer base. In some states, you’ll be able to take pleasure in sports activities betting, DFS, and on line casino video games all below one roof. The wagering platform at DraftKings Sportsbook is just not distinctive, however it is vitally polished and user-friendly, and its odds and features are additionally aggressive.

The DraftKings cellular app is probably just a little higher than BetMGM’s. Pages definitely load faster at DraftKings, and it’s probably a greater possibility for novices. DraftKings additionally affords handy deposits, safe withdrawals, nice options, and a very good reside betting platform. It’s also a greater possibility for MLB followers, as you’ll be able to stream some video games reside inside the app and the web site.

Last Verdict: Which is Higher? DraftKings or BetMGM?

It truly is an in depth name. BetMGM covers a few further sports activities, it supplies higher customer support, it accepts Skrill deposits, it affords extra statistical info to assist bettors make educated selections, and it’s a very spectacular all-round sportsbook. Its on-line on line casino can also be barely higher. DraftKings Sportsbook has a extra fashionable web site and app, a less complicated consumer expertise, and a loyalty program that spans its on-line sportsbook, DFS contests, and on-line on line casino.

Each of those operators are very related by way of betting limits, the standard of the chances, sporting protection, wagering choices, deposit and withdrawal strategies, safety, and reliability. It is extremely troublesome to separate them, so it could be higher to enroll in an account with each. Which means you profit from two welcome bonuses, and you may all the time declare the perfect odds or strains on each recreation.