June 5, 2026
by James Pacheco
BetMGM and DraftKings are both leading sportsbook brands in the United States without question. If you’re reading this, you’re likely contemplating which of the two to use for online betting. Well, our BetMGM vs DraftKings comparison will help you decide.
For starters, BetMGM and DraftKings are legit sportsbook sites with licenses in multiple states. Also, they cover popular US sports leagues, with markets for pre-game and live betting. In our comparison, we’ll take a closer look at the sportsbook lines, odds, and other essential areas like payment methods and customer service. Continue reading to learn more.
Compare the BetMGM and DraftKings Experiences
Our top recommendation for DraftKings Sport
- Bet $5 on any market and get $100 in Bonus Bets.
- 20+ Sports and Deep Markets
- Improved SGP Pricing with real-time odds changes.
New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!
Go to DraftKings Sport
Our top recommendation for BetMGM Sport
- 25+ sports available
- Multiple sports promotions
- Low margins
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Go to BetMGM Sport Quick facts about BetMGM and DraftKings
- DraftKings and BetMGM are legal and highly rated US online sportsbooks.
- BetMGM is available in 24+ states, while DraftKings is active in 28+ states.
- BetMGM has 25+ sports, while DraftKings offers 17+.
Where are BetMGM and DraftKings available?
If only one of BetMGM or DraftKings is active in your state, then the choice of which to use is simple. For this reason, let’s first look at where online sportsbooks are currently available in the US.
In our BetMGM Sportsbook review, we noted that the site is legal in 24+ states. Meanwhile, at DraftKings, we counted 28+ states. As such, DraftKings has slightly more accessibility than BetMGM in the US, although the difference is minimal.
From our checks, BetMGM operates in Mississippi and Nevada, while DraftKings doesn’t. In contrast, DraftKings is licensed in Arkansas, Connecticut, Maine, New Hampshire, Oregon, and Vermont, but BetMGM isn’t. If you’re in any of the mentioned states, you can simply use the sportsbook available in your location.
DraftKings Sportsbook vs BetMGM Sportsbook side-by-side comparison
BetMGM and DraftKings overlap in 22+ states, which is nearly half of the US. If you reside in one of the locations, here’s our BetMGM vs DraftKings comparison, so you know which site is best for you:
Sports and markets
On DraftKings, we counted 17+ sports in the A to Z list. Switching to BetMGM, we got 25+, which is quite high. However, both sites feature the main sports you’ll typically stake on as a US bettor. We’re referring to football, basketball, hockey, baseball, tennis, boxing, MMA, soccer, and others.
In terms of betting markets, both sites are almost indistinguishable. During our DraftKings review, we saw moneyline, spreads, totals, player props, futures, and more. These top markets are also present on BetMGM.
Betting odds
We can confirm that DraftKings and BetMGM have competitive betting lines. You can choose either of the two online sportsbooks and still get fair odds with reasonable returns on your bets. To illustrate, these are the average margins we calculated for moneyline odds in popular sports:
| Sport | BetMGM average margin | DraftKings average margin |
| NBA | 4.5% | 4.3% |
| NFL | 4.3% | 3.7% |
| NHL | 4.3% | 4.3% |
| MLB | 4.6% | 4.5% |
As you can confirm, the margins are consistently below 5% for both online sportsbooks. It means an expected payout rate of over 95% in the long run, as the betting sites take only a low cut of bets. American (moneyline) odds are the default on DraftKings and BetMGM, but you can switch to other formats like decimal if preferred.
Live betting
Based on our DraftKings vs BetMGM comparisons, there’s no debate that the online sportsbooks allow live betting. So, regardless of which you choose, you can stake while games are ongoing.
We really can’t pick one of BetMGM or DraftKings to be better than the other for live betting. That’s because they both provide real-time markets for all popular sports. The options are still moneyline, spreads, totals, and others, but you’ll see some special in-game props.
From our observations, DraftKings and BetMGM use green and red markets to show when odds increase or decrease. Thanks to this, you won’t miss the market movements as the games progress. We must mention that live streaming is limited on both sites.
Payment methods
As a DraftKings bettor, you can choose from payment options like Visa, Mastercard, Apple Pay, PayPal, Cash at Cage, online banking, and Venmo. In our review, we also saw an exclusive DraftKings Gift Card option.
Switching to BetMGM, we found similar banking methods to those on DraftKings. Plus, there’s a BetMGM gift card. That said, note that the exact payment options you can use to deposit or withdraw depend on your state.
Withdrawals from BetMGM take 1–3 business days on average for most payment methods. At DraftKings, the typical turnaround time is 1–2 days, so the difference isn’t much.
Bonuses and loyalty rewards
BetMGM has two welcome bonuses for new bettors, and which one you get is based on your location. It’s either a Bet $10, Get $150 in bonus bets if you win, or get up to $1,500 paid back in bonus bets if you don’t win. You don’t need a special BetMGM promo code for any of them.
If you join DraftKings, you can bet $5 and get $300 in bonus funds if you win. It’s similar to the first BetMGM offer, and a DraftKings Sportsbook promo code isn’t needed. We analyzed the terms of each promo and noted that they’re largely friendly. You have to read the fine print and pick what works best for your betting strategy.
Beyond the welcome offers, BetMGM and DraftKings have loyalty programs: BetMGM Rewards and Dynasty Rewards. So, you can access exclusive perks, bonuses, and other benefits if you bet on the sportsbooks long term.
Customer service
The final aspect of our BetMGM Sportsbook vs DraftKings Sportsbook comparison is support for when you need assistance. To be honest, both sites are dependable.
BetMGM provides 24/7 customer service via live chat and email, while phone lines are open from 11 AM to 8 PM EST. On DraftKings, we also encountered 24/7 support using live chat and email. However, instead of direct phone support, the sportsbook lets you request a callback or leave a voicemail.
If you want to find answers on your own, there’s a help center on BetMGM and DraftKings. The resources are among the most extensive we’ve seen on US betting sites, and you can resolve many potential issues with them.
Discover our must-see bookmakers
Pros and cons of DraftKings and BetMGM
Until now, we’ve discussed DraftKings and BetMGM, considering each individually. When you group them, these are the upsides and downsides of the online sportsbooks:
Pros and Cons - Available in nearly half of the US
- Fair odds with low margins
- Exclusive loyalty reward programs
- Limited live streaming for in-game betting
Conclusion – Which is the best, DraftKings or BetMGM?
Our BetMGM vs DraftKings comparison reveals one fact: both sites are top-performing. For that reason, we can’t crown any as the outright best. You can pick DraftKings or BetMGM, and you’ll get access to quality online betting.
What matters most when selecting a sportsbook site is your personal preferences. Therefore, consider the sports markets, odds, payment methods, and other factors to know which of BetMGM or DraftKings is best for you.
When you make your choice, click the banners on this page to visit the online sportsbook and register. You can still join both sites and use them simultaneously to maximize their respective benefits.
Get off to a great start with these betting bonuses
BetMGM vs DraftKings FAQs
- 🤔 Which is better between BetMGM and DraftKings?
BetMGM and DraftKings are both reliable US sportsbooks for online betting. The answer to the question about which is better is subjective, as it depends on your preferences and location.
- 🏢 Does DraftKings own BetMGM?
No, DraftKings doesn’t own BetMGM. DraftKings and BetMGM are totally different online sportsbooks, owned and operated by distinct companies.
- 📊 Is BetMGM bigger than DraftKings?
Both BetMGM and DraftKings are big online betting sites in the US. They feature all the popular US leagues, including the NFL, NBA, MLB, NHL, NCAAF, and NCAAB. You’ll also find international sports events to bet on the sites.
- ⚖️ Does DraftKings have better odds than BetMGM?
DraftKings and BetMGM both offer competitive, fair online betting odds with low margins. None is outright better, as the vig varies by sport, market, and betting volume.
Related Content