BetMGM Florida Review

BetMGM Florida could be available soon to Florida bettors. Sports betting might just be on the horizon for Florida residents, and that has inspired many to look at potential upcoming sportsbooks so they can decide which ones they want to download if and when the industry launches this year or next. 

There will undoubtedly be several sportsbook platforms to choose from. But one of the best we expect to launch is BetMGM: a relatively new but up-and-coming sportsbook with plenty of top-tier features to make it worth your time and money.

Let’s take a closer look at BetMGM’s mobile sportsbook in detail so you can determine whether you want to download the sportsbook as soon as it’s available.

BetMGM Florida Bonus Code For October 2024

One of the best reasons to try BetMGM provided it launches alongside other betting platforms is its opening bonus. Any new account holders will benefit from a bonus bet offer worth up to $600. All you have to do is enter a bonus code after making an account, and any initial wager you make will be covered if it doesn’t go your way.

It’s a fantastic bonus for new players–especially those who may not know what separates a great betting line from a subpar wager or those who don’t want to lose all of their wagering cash the first time they boot up the app.

Terms & conditions apply.

How To Register For A BetMGM Sportsbook Account

If and when BetMGM launches in Florida, you’ll first need to register for a new account before you can put any money down on your favorite sporting events.

There isn’t any word as to whether Florida’s future sports betting industry will require in-person registration. Regardless, your general registration process will look something like this:

• Download the BetMGM mobile sportsbook from the iOS App Store if you have an Apple device or from the Google Play Store if you have an Android device. The Play Store recently allowed various sportsbooks, including BetMGM, to be directly downloaded from its platform, so you don’t have to visit the desktop site as you did before.
• After downloading the sportsbook, you don’t have to worry about installation. It’ll happen automatically, alongside the installation of geolocation software, which will track your location and prevent you from making a wager outside state lines.
• Once installation is finished, you can create your account by providing your Social Security number, date of birth, and physical address. All of this will be used to verify your identity.
• Your account should be complete at this point. Now you can fund your account using a variety of deposit methods, such as credit or debit card transfers or direct bank transfers.
• Be sure to keep the bonus opening bet bonus offer in mind. You should apply the promotional code before placing your first wager to make sure you get it.

If Florida’s future sports betting industry does require in-person registration, you’ll need to add a visit to BetMGM’s land-based partner and casino to the mix. Simply visit the casino after creating your account and they’ll finish verifying your identity.

BetMGM Florida: Bonus and Promotional Grade (4.5/5)

As mentioned above, BetMGM offers a bonus bet opening bonus worth up to $600. It’s a pretty standard opening bonus but it’s a little higher than many other sportsbooks offer (they usually cap the bonus bet coverage up to $500 instead of $600).

Note that this opening bonus has a few strings attached. You don’t get the bonus bet credit as a lump sum. Instead, BetMGM will provide you with five bonus bet vouchers, with each bet being worth 20% of the total bet value. Say you bet $100 and lose. In this case, BetMGM will give you five $20 vouchers to use on individual bets.

As a result, you can’t use your credit on a single big bet as you might want to. But it’s still a good opening bonus overall, both for new wagerers and experienced sports bettors alike.

Aside from the opening bonus, BetMGM provides many regular ongoing promotions tied to specific sports leagues or gaming events. For example, during football season, BetMGM runs a “Money Monday” club that players can opt into during various bonuses, such as bonus $10 bets.

These ongoing promotions add even more value to this mobile sportsbook and make a phenomenal choice for sports bettors looking for a robust, in-depth experience to hold their attention for weeks or months on end.

BetMGM Sportsbook Florida: Odds Vs The Competition Grade (4.7/5)

BetMGM isn’t just a great sportsbook because of its opening bonus. It also has excellent odds for players who like to bet on the underdog and wagerers who prefer putting their money down on safer, popular teams.

Either way, BetMGM uses professional line makers to create player-friendly odds across the board in all of its markets. This also makes BetMGM a great place to “line shop” during which you browse multiple sportsbooks in search of the wager that will make you the most money.

Speaking of wagers, BetMGM provides all manner of common wagers across its betting markets, such as prop bets, futures bets, and moneyline bets. Many players specifically flock to BetMGM in states where it’s legal due to the spread bets available here. These bets are favorites for many experienced sports bettors due to their high profit potential.

We also recommend BetMGM because of its live and in-play betting functionality. You can stream games straight to your mobile device’s screen, then place bets in the middle of the action using a built-in interface. Overall, BetMGM’s odds compared to the competition are quite good.

BetMGM: Market Depth And Variety Grade (4.2/5)

BetMGM also does a decent job in terms of market depth and variety. Although it doesn’t have quite as much market variety compared to larger sportsbook operators, such as FanDuel, it does provide excellent markets for popular US professional sports leagues including the MLB, NBA, and NFL.

However, BetMGM is the best when it comes to college betting markets, especially if you want to get to the betting lines before any of your friends. This might not matter for any future Florida sports bettor, as Florida may decide to ban collegiate betting altogether, which wouldn’t allow you to place college-level bets in the first place.

In terms of international betting markets, BetMGM does have some decent choices for rugby, Australian rules football, and similar sports. You’ll also find plenty of betting markets for activities like NASCAR races, MMA fighting, and more. In short, BetMGM has good betting market depth and variety even if it is the best in the industry. It’s definitely not a big downside to this app.

BetMGM Florida Sportsbook: Deposit And Cashout Grade (4.5/5)

Further demonstrating BetMGM’s high-value are its deposit and withdrawal methods. Naturally, you have different methods available depending on the state in which you use the app, so we’ll have to wait and see what Florida ends up approving.

In other states, BetMGM allows bettors to use deposit and withdrawal methods such as electronic wallet transactions using platforms like PayPal, credit and debit card transfers, direct bank transfers, and physical payments through PayNearMe terminals at convenience stores.

In general, BetMGM allows you to withdraw money through the same methods in which you can deposit. This is simplistic and player-friendly, as you won’t need to remember which methods are available for deposit only and which methods are fine for withdrawals.

BetMGM’s deposit and withdrawal methods are, therefore, usually very flexible. They’re perfect for both funding your account before a big game or withdrawing your money after an excellent winning streak.

BetMGM Florida: Mobile App Grade (4.5/5)

Florida’s future sports betting market will be filled with competing book operators, and one of the best ways to tell which platform is worth your time and money is the quality of its mobile app. BetMGM, fortunately, has one of the best mobile apps in the industry.

You’ll first notice a minimalist style as soon as you boot up the app. This makes the interface very easy to navigate, even if your mobile device has a smaller than average screen. The top of the interface is dominated by promotional opportunities and popular betting lines–perfect for new sports bettors who don’t quite know what they want to bet on without a little guidance.

At the bottom of the screen, you’ll be able to access your betting slip at any time. On the betting slip, you’ll be able to change your odds or wager setting to whatever you like. Even better, this option and all the other functions on the app are generally lag-free, even if you decide to use the live streaming feature.

In the end, BetMGM’s mobile app is certainly worth the hype and is one of the best in the industry, even compared to longer-running apps like DraftKings’.

BetMGM Sportsbook: Overall Grade (4.5/5)

BetMGM is a high-quality sportsbook without any major downsides or serious flaws. While it could do slightly better in a few key areas, such as its international market depth and variety, the mobile platform already has one of the best apps around, a good array of deposit and withdrawal options, and a player-friendly opening bonus that is sure to draw in new sports bettors if the industry comes to Florida soon.

The app also has excellent live streaming functionality, a great loyalty program, and regular promotions to keep things interesting. In this way, BetMGM is a solid overall sports betting platform and a great choice if you want to download the sportsbook that you can rely on for years to come. It’ll also be a favorite for line shoppers due to its player-friendly betting odds.

Is BetMGM Legit?

Yes, it is. While BetMGM isn’t currently active in Florida (no sportsbook is, of course), the platform has already been approved for licensure in other states like Colorado and New Jersey. What does this mean for you?

In short, it means that BetMGM has already been vetted by other authoritative bodies and found to be legitimate, secure, and trustworthy. Additionally, BetMGM is run by MGM’s larger international corporation, so it’s already overseen by bigger gambling companies. It has an extended history that speaks to good behavior and solid performance over the long run.

Why Choose BetMGM Sportsbook Over Illegal Betting Sites?

Legal sports betting has been a long time coming, especially for fans in Florida. Even though it has been a long wait, you should never use an offshore or illegal betting site.

Offshore and illegal betting sites don’t protect their users’ personal information and aren’t concerned with making sure that your winnings are secure. In fact, your chances of identity theft or getting your winnings stolen out from under you are much higher if you use an offshore betting site compared to a licensed and legitimate app like BetMGM.

Furthermore, illegal betting sites create their betting lines using sources other than official league data. This more often than not generates less than player-friendly odds, so your betting action will probably be subpar compared to what you would experience with an official betting app.

Do yourself a favor and stay away from offshore sites if you want your Florida sports betting experience to be top-tier and secure.

Why Can You Trust BetMGM With Your Money?

BetMGM already has a long history of safe and successful operations in a variety of other states. Should BetMGM eventually be licensed in Florida, it will be overseen by at least one regulatory body, such as a specialized gambling commission.

This commission will make sure that the mobile sportsbook has adequate digital security and insurance to protect its users in case winnings are ever stolen in a breach. Furthermore, in states where BetMGM is already operating, the site and app both use SSL certification and other digital security strategies to protect their users and their central databases.

Basically, you’ll be able to trust BetMGM with your money should you choose to use them since they’ll take steps to actively protect your account, unlike offshore betting sites or illegal books. 

BetMGM Fact Sheet

BetMGM Florida – FAQs