We have bet on BetMGM odds several times, and we can easily say that the online sportsbook has some of the best lines in the industry. This means you can get more from your winning bets on various markets.
If it is your first time using the platform or any online sportsbook in general, then you need to understand how these odds work before placing your first wager, as we prepared another thorough check and update today. Don’t worry, this simple guide has everything you need. We will cover how to read the numbers and provide some tips to make the most of the sportsbook’s odds.
Final Rating - 25+ sports available
- Multiple sports promotions
- Low margins
BetMGM Sportsbook: Pros and Cons - Vast array of sports to bet on
- Multiple welcome bonuses
- Secure payment options
- Dedicated mobile apps
- Offers 3.6 / 5
- Customer Service 3.7 / 5
- Licensing 3.9 / 5
- Mobile App 3.9 / 5
- Usability 3.5 / 5
- Payment Methods 3.9 / 5
- Rewards 3.8 / 5
How to sign up - Begin Registration: Click the gold ‘Sign Up’ button on the top right of the homepage.
- Enter your personal details including your email, address, mobile number, and SSN digits.
- Click “Send me a code” to verify your phone number and pre-fill some details automatically.
- Complete Registration: Click the gold ‘Complete registration’ button at the bottom of the form to finish the sign-up process.
BetMGM Sport Bonus Details Sports Betting Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win Type: Welcome Bonus Cashable: No
copy Promocode
Go to BetMGM Sport Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico. BetMGM Sport Facts
| Welcome Bonus | Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win |
| Mobile Statistics | Yes |
| Partial Cash Out | No |
| Live Betting | Yes |
| Live Streaming | Yes |
| Mobile Live Streaming | Yes |
| Cash Out | Yes |
| Gaming Licence | Ohio Casino Control Commission (OCCC) |
| Support Types | E-Mail, Live Chat, Hotline |
| Deposit time | instant |
| Available States | OH, AZ, CO, IL, IN, IA, KS, KY, LA, MD +12 more, MA, MI, MO, NV, NJ, NY, NC, PA, TN, VA, DC, WV |
Show more entries
BetMGM Sport Signup Promo Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
copy Promocode
Go to BetMGM Sport Rating - 25+ sports available
- Multiple sports promotions
- Low margins
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
How to read BetMGM odds
When you visit the betting site from any of the BetMGM legal states in the US, you will see that the odds are displayed in the American format. That is, numbers have a plus or minus sign in front of them.
These numbers tell you two things: The winning chances of each side and the potential payout you will get from betting on that market. Let’s give you an example to make things clear:
Consider an NFL game between the Los Angeles Rams and the Seattle Seahawks. You find moneyline odds like these:
The positive sign usually indicates the underdogs. They also tell you the amount you can win from a $100 bet. Meanwhile, the negative sign shows the team is likely to win. It also specifies how much you have to wager to win $100.
In the table above, you can easily tell that the Rams are the underdogs while the Seahawks are favored to win. If you bet $100 on the Rams, you get $130 if the team wins. On the other hand, you have to wager $155 on the Seahawks to get an extra $100 if the Seahawks win.
An important thing to note about BetMGM odds
The $100 figure we used in the example above is just a benchmark. You can bet and win more or less than the amount depending on how much you wager. For example, if you bet $250 on odds of +130, you get an extra $325, and a total payout of $575 ($325 extra plus $250 initial bet).
-
Signup Promo Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
get bonus
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
How to change the odds on BetMGM?
As long as you meet the BetMGM age requirement and reside in a state where the sportsbook is legal, you can sign up and bet. However, there is no option to change the odd format. It is automatically displayed as American odds. This is unlike some sportsbooks that include Decimal, Fractional, and other odd display formats.
On the bright side, the American/moneyline display is one of the easiest to interpret. Also, no matter the odds format, they pass the same message.
How to calculate your total payout from BetMGM odds
BetMGM saves you from doing the maths. Once you select your odds, they appear in your betslip. Then, you enter the amount you want to wager, and the platform will automatically calculate your overall payout. There are also settings that allow you to:
- Accept any odds
- Accept higher odds
- Don’t accept odds changes
How does BetMGM set its odds — key factors that affect these numbers
BetMGM’s odds, especially for live events, change in response to various factors, including the following:
| External conditions | The venue, weather, and last-minute changes to the game can affect the sportsbook’s odds. |
| Player lineup | If a key player is absent from the lineup, it automatically influences the lines set by the sportsbook. |
| Recent performances of players and teams | BetMGM always factors in player and team performances, noting roster adjustments, managerial changes, and injuries that can affect the game’s possible outcome. |
| Market trends | The sentiment and betting activity on a particular market can tip the scales, as the sportsbook must adjust the odds to ensure balance on both sides. |
Popular markets with odds at BetMGM
The exact markets you will find at the sportsbook depend on the sport and the event, but here are some of the common options:
| Market | Description |
| Moneyline | In this case, you’re simply picking the team or player who you think will win the game. |
| Totals | You bet on whether the total goals or points scored will be over or under a specific threshold. |
| Point spreads | This levels the playing field between favorites and underdogs. The favorite has to win by at least a specific number of goals or points to cover the spread. |
| Team and player props | You’re betting on events that do not necessarily affect the game’s outcome. An example is choosing the number of assists a player will have. |
| Correct score | These are usually available for football events. For this option, you try to predict the exact score. Their odds are often higher than the standard over/under market. |
![]()
Enjoy different sports betting markets at BetMGM
![]()
Mobile sports betting made easy with BetMGM
How to bet on BetMGM odds
Betting on the sportsbook is easy, but you need an active account first. Afterwards, you deposit using a BetMGM gift card or other payment options, then navigate to the lobby and place your bet. Here’s a detailed breakdown of how to go about this:
-
Click on the BetMGM banner on this page.
-
Tap the signup option at the top of your screen.
-
Fill in your details and verify your identity.
-
Navigate to the deposit section.
-
Choose a payment method and fund your account.
-
Head to the sports lobby and choose the sport you want to see the available markets.
-
Select your odds and enter the amount you want to bet.
-
Double-check the details before confirming the stake.
-
Wait and get your winnings if your bet is successful.
Maximize BetMGM odds with these tips
Below are three simple tips you can use when betting on BetMGM:
🔍 Research the Participating Teams and Players
Information is key when placing bets on BetMGM or any other sportsbook. Always learn about the team and its players, as this knowledge will help you make more informed betting decisions.
💰 Take Advantage of Bonuses
Besides the BetMGM sign up bonus you get as a new player, you can take advantage of other promotions on the platform. These include odd boosts, the BetMGM reload bonus, and early payouts.
📈 Start with Simple Markets
If you’re new to sports betting, play it safe. Start with simple markets like moneylines and totals to get the hang of the process. You can explore other complex markets once you grasp the basics.
Pros and cons of BetMGM odds
Here are the upsides and downsides we noted when reviewing BetMGM’s odds:
Pros and Cons - Highly competitive spreads and totals
- Frequent odds boosts and promotions
- Extensive sports coverage
- Live odds often take longer to adjust
Take advantage of the best odds at BetMGM
BetMGM has great odds, especially for spreads and totals. It also displays these numbers in the American format, which is quite easy to interpret. Now that you understand how they work, you can easily register on the sportsbook and place bets. Don’t hesitate to use the tips we recommended earlier to make the most of the operator’s odds.
Signup Promo Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
copy Promocode
Go to BetMGM Sport Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico. Read More
BetMGM odds FAQs
- 📈 What happens if the odds change before I confirm my bet?
BetMGM will notify you if these odds change. You can decide to accept them or stick to the initial selection.
- 🔧 How does BetMGM set its odds?
BetMGM uses advanced algorithms alongside real-time data on team performance, injuries, weather, and betting volume to set its odds. These lines adjust based on changes in factors that can impact the game’s outcome.
- 💰 How do BetMGM odds boosts work?
Odd boosts increase the potential payout you can get from betting on specific markets. You get these payouts only if your bet wins.