Read our verdict for BetMGM Sportsbook and Casino for New York (NY)
Since sports betting was given the green light, the Empire State has turned into a buzz of sports betting frenzy. BetMGM New York was one of the first sportsbooks making its appearance in New York to many sports betting fans’ delight.
Well, sportsbooks don’t always stay the same, as they frequently offer new promotions, update their platforms to be more competitive, and implement new, crowd-pleasing features. That’s exactly why we’re doing a BetMGM sportsbook NY review. There can also be differences across state lines when it comes to certain aspects, so we’re focusing on what BetMGM NY has to offer.
BetMGM officially launched in the Empire State on January 17, 2022, with its partners MGM Resorts and Entain. This happened after mobile sports betting started on January 8, 2022, due to the approval of online sports betting laws in New York in April and the licensing procedure in November of the previous year. BetMGM was only beaten by DraftKings and is thus the second sportsbook to enter the Empire State lines. Shortly after it also launched in Louisiana - and you can check out our BetMGM Louisiana sportsbook review here. Additionally, we also cover all available BetMGM states.
BetMGM sign-up promotion
BetMGM sportsbook has a great new sign-up offer for new customers that includes a first-bet offer of up to $1,000 with a valid BetMGM promo code. The great thing about it is that, if you win, you win! And, if you lose, you still win by getting the same amount of as a bonus bet credited to your BetMGM account.
To become eligible for this sign-up bonus, you need to register for a BetMGM sportsbook account, make your first deposit of at least $10, and you can place a bet on a sport of your choice. After receiving your BetMGM bonus bet, you need to use them within seven days. If you don’t, they will expire.
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up to $1,500 back in Bonus Bets
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BetMGM New York sportsbook review: Get ready for some good times
License and Security: Is BetMGM legal in New York?
BetMGM sportsbook NY is licensed by the New York Gaming Commission and regulated in line with New York Sports Wagering Regulations. These regulations are stipulated in the Racing, Pari-Mutuel Wagering, and Breeding Law: Section 1367-(a).
Additionally, the BetMGM sports betting online platform was tested by an independent party approved by the New York Gaming Commission to ensure fair and safe internet gambling.
Sports and betting on offer
If you want to be spoilt for choice when it comes to betting variety, then you need to consider BetMGM sportsbook NY. There is an immense variety of sports to choose from, and these range from NHL, NBA, NFL, and MLS to Formula 1, golf and the PGA Tour, NASCAR, tennis, rugby, and soccer.
There is also a fantastic variety of betting options that include straight bets, money line bets, totals (over/under), a build-your-own parlay option, and round robins. It’s the dream playground of a strategic bettor, as well as a sports bettor looking for some wagering fun.
Odds/spreads & in-play betting
BetMGM offers in-play betting on most of the sports it offers other wagering options on. Each sport offers a variety of live betting options, which include props, money lines, and point spreads.
Interface quality
The BetMGM sportsbook NY sports betting app is available for iOS and Android device users and can be downloaded for free from the respective app stores or the BetMGM site. Both the apps and the site have a great-looking interface with black, gold, and white used along with some color here and there.
The site is not only super functional but also easy to navigate and intuitively designed. Everything you need is on the sports page and all you need to do is look for the option you’re aiming for.
Deposit & withdrawal methods
This is by far the most variety in BetMGM sportsbook payment methods we’ve seen so far. And, there is a decent variety of withdrawal options too! Let’s take a look:
Deposits
VIP preferred: VIP Preferred is recommended by BetMGM as a deposit method. To get started, you simply provide your bank’s routing number, driver’s license number, and your account number to VIP to be enrolled. Thereafter, you’ll be able to make direct transfers from your bank account to BetMGM.
Play+: The BetMGM Prepaid Play+ account is also a preferred method for making deposits into your BetMGM account. Play+ is also fast and efficient.
Mastercard/Visa: You can use your Mastercard or Visa debit card to fund your BetMGM account.
Apple Pay: Apple Pay offers an easy, anonymous, and secure deposit method on your iPhone, iPad, Apple Watch, and Mac. If using an online web browser, make sure you’re using Safari.
PayPal: You can use your PayPal account and make a deposit via your PayPal balance or personal bank account.
Online Banking: Easily using online banking by using PayWithMyBank allows you to securely fund your BetMGM account directly from your bank account, and you don’t have to leave the BetMGM site while doing so. Plus, there are no extra fees, which makes this option a winner.
BetMGM gift card: The BetMGM Gift Card can be used to fund BetMGM accounts on the online platform or through the BetMGM app. The Gift Card is not available in all states, but luckily, it is available in New York.
Withdrawals
The withdrawal process includes an internal reviewing process by BetMGM that can take up to five days. Thereafter, the following BetMGM withdrawal time applies when using these options:
Play+: Using Play+ is definitely a plus as your money will arrive within six hours after being approved by BetMGM.
Online banking: An online bank transfer takes only 1-3 days and is quick and efficient.
VIP Preferred: Using VIP will take 3-7 days after your funds have left BetMGM and have been transferred to your bank account.
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Customer support
When it comes to customer support, BetMGM New York has got everything under control with regards to sportsbook promo codes and more. You have a massive FAQ section where you can look for information, you send an email directly from the platform, or you can utilize the 24/7 live chat service, where someone is usually immediately available or you might have a short wait.
Rewards & loyalty programs
If you’re a BetMGM sportsbook registered customer, you are automatically part of BetMGM’s highly popular loyalty program which is called M life Rewards.
All you need to do to earn credits is bet, and credits can be used at BetMGM online sportsbooks or MGM resorts.
The M life Rewards program is a tiered system and based on how many credits you accumulate, you will fall under a certain tier: There is Sapphire with 0-24,999 credits, Pearl with 25,000+ credits, Gold with 75,000+ credits, Platinum with 200,000+ credits, and the exclusive Noir, which is by invitation only.
Be a smart bettor at BetMGM New York
What does betting smart mean? Many customers like to enjoy sports betting as a recreational activity, and some might think that most people get a reasonable amount of money back.
However, this is not quite true as in order to benefit in the long-term and start earning a steady stream from your betting, you need a smart, tried-and-tested betting strategy.
Here’s where Expected Value or EV comes in. It will change the way you look at betting by weighing bets by expected value. This gives smart bettors a huge advantage over not only most of their betting competition but also provides an edge over the seemingly unconquerable sportsbook.
Betting smart by using EV requires a sense of objectivity and tuned-down emotions, but the reward is undeniable. It’s easy to learn how to calculate EV, identify positive EV bets, and combine this master calculation into a well-thought-out betting strategy aimed at getting long-term returns.
You can always choose to bet smart at BetMGM.
Conclusion
What a swanky addition BetMGM sportsbook NY is to the Empire State. With its stylish interface, fantastic variety of betting options and sports to bet on, and great additional perks, like one of the top loyalty programs, you have to ask yourself why you’re not signed up yet?
If you are, we hope you’re having a ball of a time with all the promos for existing customers. If you want to start betting smart by using an intelligent betting strategy, BetMGM is a great platform to start on because of its quality and variety. Enjoy yourself!
Sports Bonus
4.9/5
Sports Bonus
4.9/5
up to $1,500 back in Bonus Bets
Risk-Free Bet
|
T&Cs apply, 21+
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BetMGM New York FAQ
💰 Where can I get an MGM gift card?
MGM gift cards are a great gift to buy for someone or even yourself! However, this gift card is only available in selected states. If you want to find out whether you can get an MGM gift card, take a look at our BetMGM New York review.
👮Is BetMGM legal in NY?
BetMGM is a reputable sportsbook and casino operator across the US. However, questioning a sportsbook’s legal status is never uncalled for. An operator’s legal status and adherence to rules and regulations are some of the components we look at in our reviews, so be sure to take a look.
❔What is the BetMGM promo code NY?
BetMGM New York offers several promos and bonus deals for both existing and new customers. If you want to find out whether a promotion requires a code, you can check out our promo review section or take a quick peek here.
Place your first cash bet up to $1,000, and if the bet loses, you will have your wager refunded in Bonus Bets. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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Since sports betting was given the green light, the Empire State has turned into a buzz of sports betting frenzy. BetMGM New York was one of the first sportsbooks making its appearance in New York to many sports betting fans’ delight.
