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BetMGM vs. DraftKings: Which Sportsbook is Best?

BetMGM and DraftKings are big names in legal sports betting. Both offer strong odds boosts, generous bonus bets, and packed betting markets. The mobile apps are fast, easy to use, and built for smooth on-the-go betting.
betmgm-vs-draftkings

BetMGM and DraftKings are big names in legal sports betting. Both offer strong odds boosts, generous bonus bets, and packed betting markets.

The mobile apps are fast, easy to use, and built for smooth on-the-go betting. New or experienced, you’ll find solid value on both. But when it comes to BetMGM vs. DraftKings, which one fits your betting style?

This guide compares it all—user experience, betting options, promos, and app features—so you can make the right call.

BetMGM vs. DraftKings: Bonuses and Promotions

BetMGM and DraftKings sportsbook have made a name for themselves in sports betting industry with their promos. From welcome deals to VIP perks, each platform knows how to hook both new and loyal players. 

Welcome Bonus BetMGM DraftKings
Bonus Offer ๐ŸŽ Bet $10, Win $150
(if your first bet wins)
๐ŸŽ‰ Bet $5, Win $150
(win not required)
Flexibility Only pays if first bet hits Bonus activates regardless of bet result
Bonus Code Required Yes (varies by state) Yes (shown at signup)
Wagering Terms Bonus must be wagered; expires in 7 days Bonus must be wagered; expires in 7 days

Welcome Bonuses and Promo Codes

New players get a strong start on both apps. DraftKings sportsbook offers a deposit bonus of $5 to win $150—your bet doesn’t even need to win. It’s simple, fast, and rewarding.

BetMGM sportsbook runs a similar promo—bet $10, win $150. But this one only pays if the first bet hits, making it less flexible than DraftKings.

You’ll get a bonus code during signup, depending on your state. Bonus bets can’t be withdrawn—they’re used to place bets and help build your bankroll from day one.

If you’re new to online gambling, check each app’s terms. Knowing the conditions avoids headaches later when you start cashing in those wins.

>> Claim Your BetMGM Welcome Offer

Ongoing Promotions and Rewards Programs

DraftKings sportsbook ongoing bonuses are tough to beat. Expect regular deals like no sweat tokens for MLB games, parlay boosts, profit boosts, and custom promos tied to big events or player props.

A standout offer includes an MLS season pass with a $5 bet—something most online sports betting brands don’t match.

BetMGM keeps things competitive with exclusive promos. Offers include instant win games, stakeback deals, and rotating boosts tied to big matchups. New deals drop often on the app’s promo tab.

The big difference comes down to loyalty programs. DraftKings mobile app uses its Dynasty Rewards system. For every $25 wagered, you earn $1 in site credits across all products, including daily fantasy sports and casino play.

BetMGM sportsbook app ties into MGM Resorts. You’ll earn rewards for every sports bet, casino spin, or resort visit. Perks include room discounts, dining credits, and priority check-ins—real-world benefits that bring major value to online casino customers.

>> Claim Your DraftKings Welcome Offer

BetMGM vs. DraftKings: Company Overview

Both BetMGM and DraftKings started with different goals—but today, they’re two of the most trusted names in sports betting. Each has built a strong presence through big partnerships, solid user experiences, and nonstop expansion.

Now, let’s look at how each one got here.

BetMGM Sportsbook Overview

BetMGM was born from a joint venture between MGM Resorts International and Entain Holdings. It started with casino betting but quickly moved into online sports and gaming.

It’s now the exclusive sportsbook partner for all MGM Resorts properties across the U.S.

Because of this, BetMGM players can earn rewards tied to real-life experiences—hotel stays, dining, and more at places like the Bellagio, MGM Grand, and Borgata.

In 2018, BetMGM launched retail sports betting in Mississippi. By 2019, it rolled out online betting and casino games in New Jersey.

West Virginia followed in early 2020, then more states including:

  • Pennsylvania
  • Colorado
  • Oregon
  • Nevada
  • And many more

Today, BetMGM is live in 29 states. It covers online casinos, poker, and even daily fantasy sports contests. The platform has something for casual players and high rollers alike.

>> Claim Your BetMGM Welcome Offer

DraftKings Sportsbook Overview

DraftKings started in 2012 as a daily fantasy sports (DFS) platform. Its smart marketing and user-first features helped it rise fast in the DFS space.

By 2014, it had already partnered with the NHL.

In 2018, it made a major move—becoming the first operator to launch mobile sports betting outside Nevada. That moment pushed DraftKings into the national spotlight.

Now, it’s one of the top online sportsbooks in the U.S.

DraftKings operates in several states, including:

  • New York
  • New Jersey
  • Colorado
  • West Virginia
  • Indiana
  • Pennsylvania
  • And more

In 2020, it added online casino games in Pennsylvania and partnered with SBTech to boost mobile performance even further.

Today, DraftKings works with over 50 gaming operators across more than 15 U.S. and global markets. From DFS to casino to sports betting, it’s built for players who want options and high energy.

>> Claim Your DraftKings Welcome Offer

BetMGM vs. DraftKings: User Experience and Mobile Betting

Both BetMGM and DraftKings offer great mobile apps built for quick, smooth betting. But how do they actually compare on your screen? Let’s break down how each app performs, from layout to speed to features.

Website and Mobile App Performance

Both apps are available on Google Play and Apple’s App Store. Each holds a 4.3-star rating and works well on both Android and iOS. The apps are fast, clean, and easy to navigate—even for beginners.

Mobile App Feature BetMGM DraftKings
Availability โœ”๏ธ iOS & Android (App Store & Google Play) โœ”๏ธ iOS & Android (App Store & Google Play)
Average Rating โญ 4.3 (Google Play) โญ 4.3 (Google Play)
Speed & Responsiveness โšก Fast & Clean UI โšก Fast, but feature-heavy layout
Unique Features ๐ŸŽฐ Integrated casino app; bet slip-focused design ๐Ÿ“Š Fantasy integration, pools, social betting
Same Game Parlays โœ”๏ธ Available โœ”๏ธ Available
Live Streaming ๐Ÿ“บ Yes (visible & accessible) ๐Ÿ“บ Yes (less intuitive—inside bet slip)
App Complexity ๐Ÿงญ Simple, clean navigation ๐Ÿง  Feature-rich, may feel busy to new users

Both support:

  • Same Game Parlays (SGPs)
  • Prop bets
  • Live in-game betting
  • Odds boosts

DraftKings shines with extras like daily fantasy integration, free-to-play games, pools, and social betting. Great for players who want options. BetMGM feels more focused. It separates casino from sportsbook, which makes betting feel less cluttered.

If you want a simple, clean betting layout, BetMGM wins. If you want everything in one app, DraftKings is a better fit.

Account Registration and Verification Process

Signing up on BetMGM means picking your state first. That decides which welcome offer you’ll see—like $10 to win $150 or $1,000 in no sweat bets.

On DraftKings, it’s simpler. Enter your email and phone number—no state selection required. Then add your personal info to verify identity.

Both require you to be 21+ and pass ID verification. DraftKings makes this quicker—you just scan your license. Once approved, you can deposit funds and start betting—as long as you’re in a legal betting state. Both apps use geolocation to confirm your location.

Total setup time? Less than 15 minutes on both.

>> Claim Your DraftKings Welcome Offer

BetMGM vs. DraftKings: Betting Markets and Options

Let’s talk about what really matters—what can you bet on, and how flexible are the features? Both apps cover major and niche sports, but each has a few exclusives, too.

Betting Market BetMGM DraftKings
Major U.S. Sports โœ”๏ธ NFL, NBA, MLB, NHL, NCAA โœ”๏ธ NFL, NBA, MLB, NHL, NCAA
International Sports โšฝ F1, Gaelic Games, Water Polo ๐Ÿ Rugby, Cricket, Snooker
Niche Sports โ›ท๏ธ Biathlon, Skiing, Handball ๐ŸŽฎ eSports, Darts, Chess
Bet Types โœ”๏ธ Spreads, Totals, Parlays, Teasers โœ”๏ธ Spreads, Totals, Parlays, Teasers
Live Betting โœ”๏ธ Extensive with real-time odds โœ”๏ธ Fast odds updates & wide variety
Bet Slip & Custom Bets ๐Ÿงพ Simple, focused layout ๐Ÿงพ Multi-feature, customizable

Available Sports Leagues and Events

You’ll find all the big names on both—NFL, NBA, MLB, college football, horse racing, Aussie Rules, and more.

DraftKings goes deeper into niche sports like eSports and snooker. BetMGM stands out with extras like:

  • Biathlon
  • Cross-country skiing
  • Formula 1
  • Gaelic games
  • Water polo

DraftKings organizes sports well, with clear sections for playoffs and championships.

Betting Types and Features

BetMGM and DraftKings both offer market-leading moneyline odds, giving players solid value across most bets. You can bet on major leagues or dive into niche betting markets—both platforms give you options.

You’ll get all the standard bet types: point spreads, totals, parlays, teasers, and more. Prop bets are also available, so you can bet on player stats, game moments, or unique outcomes. It’s easy to match your bet to your skill and risk level.

Both apps support live in-game betting, so you can react as the game unfolds. Want out early? Use the cash-out feature to lock in a win or limit a loss. BetMGM shows these clearly on your bet slip and promotions tab.

Using the bet slip is simple. Tap a bet to add it. Then review, edit, or remove as needed. You’ll see all current selections and possible payouts in one clean view.

BetMGM keeps the layout focused. You can flip between sportsbook and casino with one tap. DraftKings loads more features into one place—like fantasy Pick 6, DK Horse Racing, DK Shop, and social betting for friendly competition.

New BetMGM users can grab $1,000 in no sweat bets or $10 to win $150, depending on your state. You’ll also see frequent offers like stakeback deals, instant wins, and limited-time bonuses.

DraftKings brings more action with parlay boosts, odds boosts, profit boosts, and promos like the MLB Parlay Boost. Their bonus rotation is bigger, making it great for bettors chasing value and variety.

>> Claim Your BetMGM Welcome Offer

Live Betting and Streaming

Live betting is strong on both apps. You can track the action and adjust your bets in real time.

BetMGM offers live streaming, game simulations, and constant odds updates—all visible on desktop and mobile.

DraftKings also offers streaming, but it’s hidden in the bet slip—less intuitive, but still functional.

Odds updates are fast on both platforms, so you can react quickly.

BetMGM vs. DraftKings: Odds and Payouts

Both BetMGM and DraftKings offer similar but slightly more competitive odds compared to traditional sportsbooks. However, there are some key differences in odds and payouts between the two platforms.

We go into further detail below.

Payout Speed and Reliability

Withdrawals on both apps take up to 5 business days, depending on method. Both support:

  • Online banking
  • PayPal
  • Debit cards
  • Venmo
  • Play+
  • Wire transfer

DraftKings is usually faster—banking withdrawals can clear in 24 hours. BetMGM takes 2–4 days.

Neither platform charges transaction fees, but check with your bank just in case.

BetMGM vs. DraftKings: Banking and Payments

Both apps make funding your account easy. From fast deposits to flexible withdrawals, they support most payment methods you’ll find at most online sportsbooks.

Payment Method BetMGM DraftKings
Credit/Debit Cards โœ”๏ธ Visa, Mastercard, Discover โœ”๏ธ Visa, Mastercard
PayPal โœ”๏ธ Available โœ”๏ธ Available
Venmo โœ”๏ธ Supported โœ”๏ธ Supported
Online Banking โœ”๏ธ Trustly, VIP Preferred โœ”๏ธ VIP Preferred, Bank Transfer
Play+ Prepaid Card โœ”๏ธ BetMGM Play+ Card โœ”๏ธ DraftKings Play+ Card
Apple Pay โŒ Not supported โœ”๏ธ Supported
Cash at Casino Cage โœ”๏ธ Yes (at select MGM locations) โœ”๏ธ Yes (limited locations)
Other Methods PayNearMe, GameOn, MGM Rewards Card E-check, Wire Transfer, Checks

Deposit and Withdrawal Options

You can fund your sportsbook or play online casino games through various payment methods. BetMGM supports:

  • Prepaid gift cards
  • Visa, Mastercard, Discover
  • MGM Rewards Mastercard
  • VIP Preferred ACH
  • Venmo
  • PayNearMe
  • Trustly for online bank transfer
  • BetMGM Play+
  • PayPal
  • GameOn
  • Bank wire (min $1,000)

DraftKings supports most of the same—minus BetMGM gift cards or MGM cards. You can still use Visa, Venmo, PayPal, Play+, and online banking to deposit or withdraw.

Withdrawals can be made via:

  • Debit cards
  • PayPal
  • Venmo
  • Apple Pay
  • Bank wire
  • Cash at cage
  • E-check via VIP Preferred
  • Physical checks

Full options are listed in each app’s cashier section.

>> Claim Your DraftKings Welcome Offer

Transaction Fees and Limits

Both platforms skip fees on deposits and withdrawals. But your bank might charge one, so it’s worth double-checking.

DraftKings allows withdrawals up to $100,000 in most methods. Some limits apply:

  • PayPal: $60,000
  • Apple Pay, debit, Play+: $25,000
  • Wire transfers: no cap
  • Checks: strict limits

BetMGM has similar rules. For example:

  • Online banking: $25,000
  • Instant transfer: $50,000
  • Mailed checks: $50,000

These limits vary depending on your method and status.

>> Claim Your BetMGM Welcome Offer

BetMGM vs. DraftKings: Security and Licensing

Both DraftKings BetMGM operate as fully legal platforms. You can feel safe using either—just make sure you’re in a legal betting age state.

Security Feature BetMGM DraftKings
Licensing & Regulation โœ”๏ธ Licensed in 20+ U.S. states โœ”๏ธ Licensed in 20+ U.S. states
Primary Regulators NJ DGE, PA Gaming Control Board, etc. NJ DGE, MA Gaming Commission, etc.
Data Encryption ๐Ÿ” 256-bit SSL encryption ๐Ÿ” 256-bit SSL encryption
Responsible Gambling Tools ๐Ÿ›‘ Deposit & time limits, self-exclusion ๐Ÿ›‘ Deposit & time limits, self-exclusion
Player Verification ๐Ÿ“‡ KYC checks, geolocation tools ๐Ÿ“‡ Faster ID verification with license scan
Account Safety โœ”๏ธ 2FA supported, encrypted logins โœ”๏ธ 2FA supported, encrypted logins

Legal Online Sports Betting and Compliance

Both are official sports betting partners in multiple states. They're licensed by regulators like the New Jersey Division of Gaming Enforcement, known for tight oversight and fair gaming rules.

DraftKings appears in more states thanks to its fantasy sports roots. But both brands stay compliant and secure no matter where they operate.

Responsible Gambling Features

Each app gives you control. You can set deposit limits, activate bet insurance, or take a break with self-exclusion tools. A built-in timer also shows how long you’ve been playing, helping you stay aware.

These tools are essential in keeping your gaming fun, not stressful.

BetMGM vs. DraftKings: Customer Support

Support can make or break your experience, especially when money’s involved. Here’s how both brands handle help.

Customer Support Feature BetMGM DraftKings
Live Chat โœ… 24/7 Available โœ… Available 24/7
Phone Support ๐Ÿ“ž 11am–8pm EST ๐Ÿ“ญ Callback Request Only
Email Support โœ”๏ธ Yes (48-hour avg. response) โœ”๏ธ Yes (Usually under 24h)
Help Center / FAQ ๐Ÿ“š Extensive Resources ๐Ÿ“š More Interactive Guides
User Ratings (Support) โญ 4.3/5 (Google Play) โญ 4.3/5 (Google Play)

Support Channels and DraftKings Customer Support vs. BetMGM Customer Support

Both apps offer 24/7 live chat and an automated chatbot. You’ll find help fast on both mobile and desktop.

DraftKings lets you leave a voicemail or request a callback. BetMGM takes it further with a phone line: 719-297-9169, available from 11am to 8pm EST.

User Reviews and Feedback

Each app scores a 4.3 on the Google Play Store. Reviews often praise the same game parlays, promos, and quick account setup.

Some users report lag issues and loading delays. Still, customer support is usually responsive—live chat on DraftKings is instant, while BetMGM typically responds to emails within 48 hours.

Always read terms before betting to avoid support issues later.

>> Claim Your DraftKings Welcome Offer

BetMGM vs. DraftKings: Pros and Cons

When it comes to choosing between BetMGM and DraftKings, there are pros and cons to consider for each. Here are some of the main advantages and disadvantages of each sportsbook app.

BetMGM Sportsbook Pros and Cons

BetMGM Pros:

  • User-friendly interface
  • Wide variety of sports betting markets including major league and international sports
  • Competitive odds
  • Extensive VIP rewards program partnered with MGM resorts international

BetMGM Cons:

  • Limited promotional offers
  • Odds might be less competitive
  • Offers fewer than DraftKings niche sports market

>> Claim Your BetMGM Welcome Offer

DraftKings Sportsbook Pros and Cons

DraftKings Pros:

  • More ongoing DraftKings sportsbook offers like parlay, odds, and profit boosts
  • DraftKings app has more features like social betting and daily fantasy sports
  • Best odds for certain events
  • More niche sports betting markets available like esports

DraftKings cons:

  • Loyalty program not as competitive as BetMGM
  • App can be overwhelming to look at
  • Live streaming can be difficult to find and access on your betslip

FAQs: BetMGM vs. DraftKings

Still deciding which app fits your style? Here are quick, clear answers to the most common questions bettors ask about DraftKings and BetMGM sportsbook.

Which sportsbook has the better odds, BetMGM or DraftKings?

DraftKings usually wins for underdog odds. It also runs more frequent odds boosts and profit boost tokens. BetMGM is competitive, but DraftKings is often the go-to for sharper moneyline odds across a wider range of games.

Do BetMGM and DraftKings offer the same betting markets?

Both cover all the big leagues—NFL, NBA, NHL, MLB, and college games—with prop betting odds, futures, and live wagers. DraftKings offers more niche sports markets, like esports, giving it the edge for bettors looking beyond mainstream matchups.

What is the main difference between DraftKings and BetMGM?

DraftKings leans into variety—fantasy, promos, and rich app features. The DraftKings sportsbook app is packed with extras. BetMGM focuses on traditional betting with a clean interface and VIP rewards through MGM. Both deliver, but the style is very different.

Which sportsbook is better for casual bettors, BetMGM or DraftKings?

Casual players may prefer BetMGM. It’s simpler, easier to navigate, and keeps features focused. If you want fewer menus and faster access to major events, BetMGM is smoother. DraftKings has more tools but can feel busy for first-time users.

How does DraftKings’s rewards program compare to BetMGM’s rewards program?

DraftKings gives credits for every $25 wagered, usable across casino, sportsbook, and fantasy. It’s great for players who stay in-app. BetMGM links rewards to MGM Resorts—you can earn hotel stays, dining, and real-world perks, which make it stronger for high-volume bettors.

Conclusion: Which Sportsbook is Right for You?

DraftKings vs. BetMGM isn’t about which app is better—it’s about which one fits you. If you want speed, simplicity, and real-world loyalty perks, BetMGM sportsbook is a solid pick. It’s great for beginners and those who want a sleek, no-fuss betting flow.

If you want nonstop promos, same game parlays, fantasy action, and more betting options, DraftKings sportsbook leads the way. Its app is loaded, flexible, and rewards activity.

Both are licensed, safe, and trusted online sports betting brands. They offer secure payments, support, and everything needed to bet confidently. Pick the one that fits your style—and place bets with confidence. And no matter what, bet smart and enjoy the game.