BetMGM vs. FanDuel: A Comparison of Leading Sportsbooks

BetMGM vs. FanDuel: A Comparison of Leading Sportsbooks

Byokyidong

In the quickly growing sports betting market, two of the biggest and best sportsbooks are FanDuel Sportsbook and BetMGM Sportsbook. Every sportsbook offers a large selection of sports and betting markets and is accessible in more than 20 states. We’ve compared BetMGM and FanDuel to provide you all the information you need to evaluate the two sportsbooks side by side and determine which is better for you and your budget. Now let’s get going.

FanDuel Sportsbook vs. BetMGM: welcome bonus

The greatest betting apps all include a sign-up bonus to entice you to join. It’s crucial to remember that these could change at any time, but this is what each sportsbook currently has to offer.

Welcome Offer at BetMGM

A 20% first deposit match up to $1,500 in sports bonus is available to new clients who open a BetMGM account (10x wagering requirement). Sports bettors can get up to $1,500 in reimbursement for their first wager with our no-sweat first bet deal. You receive all of the money back into your account in the form of bonus bet credits if the first wager you place after creating an account is unsuccessful. With the exception of the fact that you are only paid for wins on plays made using sports bonuses, these credits are handled exactly like standard bets. Remember that in order to take advantage of this promotion, you must use our BetMGM bonus code.

BetMGM Bet $5, Get $158 in Bonus Bets!

This offer is only valid in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, OH, PA, TN, VA, WV, WY, and DC. Use the code HANDLE to access this offer — Bet $5, and Get $158 in Bonus Bets!

As one of the more active sportsbooks in all US markets, BetMGM is heading soon to North Carolina. Stay tuned for information on our BetMGM North Carolina bonus code.

FanDuel Sportsbook Sign-Up Bonus

The welcome bonus at FanDuel is Bet $5 Get $200 in Bonus Bets If Your First Bet Wins. But there are no limits on the odds for the wager, so you can take a prohibitive favorite to increase your chances of getting the bonus bets. What’s more, you won’t need a FanDuel promo code to claim this promotion. Similarly, we don’t anticipate a FanDuel North Carolina promo code will be needed once North Carolina betting promos begin in 2024, but we’ll keep you posted.

Comparing the FanDuel vs. BetMGM new customer promotions

The sportsbook bonuses offered by BetMGM and FanDuel are quite different. Yet both of them could be preferred by sports bettors depending on their wagering style.

If you’re a big player with larger bets, the BetMGM bonus is an attractive offer. Knowing that they’ll match your deposit up to $1,500 could allow you to get back on track by winning one play using the funds credited to your account after that initial loss.

The average Joe sports bettor may prefer the offer from FanDuel. Having your first wager on the house is a great promotion, but if you don’t like to make big wagers, the bonus bet guarantee might not be that exciting. However, betting only $5 on a moneyline wager and getting $200 back in bonus bets if your bet wins could offer a small bettor the ability to wager all weekend on one small deposit.

One thing to remember is that you don’t necessarily have to choose between the two. There’s nothing preventing a player from opening accounts on both sites and taking advantage of both new customer offers. Most experienced gamblers will tell you that having multiple options for placing your wagers is a smart move. That allows you access to different lines and odds on the games you’re betting on. Plus, you get to take advantage of both offers.

BetMGM vs. FanDuel: existing promos

BetMGM Sportsbook promotions for existing customers

Lion’s Boosts: Every day, existing BetMGM customers will have access to an odds boost on a specific betting market determined by the sportsbook.

Odds Boosts: BetMGM is always offering some type of odds boost that allows existing customers to win more money on those wagers than the original odds.

Sports Bonus: Promotions that include Sports Bonus allow you some peace of mind if your wager comes up short. Just remember that you only collect the winnings, not the original Bonus Bet amount, when wagering with Sports Bonus.

Parlay Profit Boosts: Parlay Profit Boosts use the same format as odds boosts, except it’s for parlays only. As with all parlays, every leg must win for you to get the extra payout.

FanDuel Sportsbook promotions for existing customers

FanDuel Boosts: When you place a wager on FanDuel Sportsbook, if there’s a toggle button to turn on a Profit Boost, you can increase the payout odds of your wager with a simple click.

Refer-a-friend: Everyone wins on FanDuel when you refer a friend and they open an account. Your friend gets the Welcome Bonus and as soon as they wager at least $5, you get $15 to use in your account.

Odd Boosts: FanDuel also offers Odds Boosts. This is a great deal if you are wagering on the sports that have odds boosts, but isn’t relevant for every sport. Still, it’s worth checking out the available wagers because the potential payout is boosted.

Bonus Bets: Bonus Bets on FanDuel allow you to place a wager without using your cash balance. They only pay you for the winnings, but it is a Bonus Bet so you get real money when you’re a winner.

Parlay Profit Boosts: Parlay Profit Boosts work the same way on FanDuel. Existing customers who get a profit boost token can use that to increase the payout odds on a parlay wager.

BetMGM vs. FanDuel: legal states

Of the 30+ states that have legalized sports betting, BetMGM and FanDuel are active in most of them. Here’s a table with all the states where you can wager on sports with these two sportsbooks.

BetMGM vs. FanDuel: app reviews

Both FanDuel and BetMGM have betting apps available on iOS and Android devices. As two of the most popular betting apps in the country, we have a fairly large sample of reviews to pool from to determine a winner. Here’s how they currently rank:

iOS App: It’s a dead heat

Sports bettors who are iPhone users can download either of these sportsbooks’ apps through the App Store. These two mobile sportsbooks have iOS applications that both rank high and come with good reviews. The BetMGM app is rocking 4.8 stars from over 176.9K ratings and is listed #11 in the sports category. FanDuel has also earned a 4.8-star rating from over 1.2M reviews and is #3 on the top sports app list.

How they stack up on Android: FanDuel pulls ahead

Android users will find it just as easy to try both of these sportsbooks for themselves. Searching Google Play gets right to the install button for these two as well. BetMGM’s online sports betting app has been downloaded over 1 million times and currently holds a 4.3-star rating following over 22.8K reviews. FanDuel rating on Google Play is a little higher with a 4.7 star average across 245K reviews.

How the betting public feels about each app

A large percentage of the action taken on both BetMGM and FanDuel are wagers placed over a mobile device. While both these sportsbooks have great apps, there are other aspects of mobile wagering that can cause sports bettors problems. Your phone’s reception or the quality of the Wi-Fi being used can make the difference in placing a wager or getting shut out of a play. Whenever you can, if speed is most important, it is better to use a desktop version with a device that is wired to the web for your wagering. Your action on both BetMGM and FanDuel will move a lot faster.

BetMGM vs. FanDuel mobile betting apps

While we’ve already discussed the BetMGM app scores vs the FanDuel app scores, now it’s time to actually compare the two products. Below we’ll give our thoughts after using each platform.

BetMGM Sportsbook mobile app

The BetMGM app has a very organized layout that allows you to access anything in your account quickly. You can find all the sports market with one click and there’s even a search bar to find a game quickly. That’s very important if you’re running somewhat late on getting your action in. Especially on a Saturday during college basketball season when there are hundreds of games on one day.

FanDuel Sportsbook mobile app

FanDuel’s app allows you to scroll through the entire board without leaving the home page. Once you’ve isolated the sport that you want to wager on, you can open that event and see the hundreds of different wagers that are available to bet on. The tabs across the screen are also designed to help customers find the most popular bet types: popular wagers, Same-game Parlay options, and even quick bets. Those are wagers where the results will be determined very quickly. You can bet on which football team gets the next first down or which hoops club makes the next three-point basket.FanDuel app screenshots

BetMGM vs. FanDuel FAQs

What sportsbook that you deposit your hard-earned money into matters. Here are some answers to the most common questions sports betters ask about which sportsbook is better, BetMGM or FanDuel.

BetMGM vs. FanDuel: sports betting market comparison

Another reason why deciding whether BetMGM or FanDuel is the best sports book for you depends on what sports you like to bet on. All of these sports (and a few more depending on the state and time of year) can be found on BetMGM and FanDuel:

  • Aussie Rules
  • Baseball
  • Basketball (NCAA and NBA)
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Football (NCAA and NFL)
  • Golf
  • Ice Hockey
  • Lacrosse
  • MMA/UFC
  • Motorsport
  • Rugby League
  • Rugby Union
  • Soccer
  • Table Tennis
  • Tennis
  • Volleyball

BetMGM and FanDuel bet types

When you open up the BetMGM or FanDuel online sportsbooks, all your betting options are easy to find. Here are the bet types that are available at both sportsbooks:

  • Parlays (including Same Game Parlay) – Pick two or more bets and combine them to get a potentially higher payout
  • Moneyline – Pick who you think will win. The simplest type of wager available
  • Spread – The points spread needs to cover for you to win the bet
  • Totals – Over or under an established total. Available for Quarters, Halves, And Full Games
  • Scoring/Game Props – These propositions have to do with how many points will be scored.
  • Player Props – point totals, yards passing or rushing, and many more player props are available in all major sports
  • Live Betting – The latest odds on contests that are in action right then and the odds to bet it.

FanDuel and BetMGM: which platform is better for in-game/live betting?

FanDuel has an extensive Live Now platform. All the sports that currently have games on the board are listed with the number of contests available highlighted in red. If there was a line on the game before it started, there’s a good chance there’s a live-action line available. Once you open the game you want to bet, you’ll see the traditional side and total options for that game as well as a more wagers tab that opens to all the current props available for that game.

BetMGM does a great job of updating the Live odds without taking the game off the board for a long period. You can find the sport that you want live action on by clicking on the image for that sport. There you can open the All Wagers tab and see what props are available for wagers on that match-up. Like most live-action offerings there a sometimes hundreds of wagers available. Alternate totals are one line that takes a straight wager and gives it parlay odds.

These two sports books both have strong live wagering platforms. When it comes to live wagering, lines move quickly. Depending on the sport, a live-action line can be there for only a few seconds at a time. They go off the board and come back again with a different number. Both offer a terrific live-betting experience, but we have to give a slight nod to FanDuel. The FanDuel app is superior in just about every way, including live betting.

BetMGM vs. FanDuel competitive odds pricing comparison

Finding the best odds for the game you’re betting on is important. The higher the odds you lay on a wager, the greater your winning percentage has to be just to break even. Most sports books are fairly consistent and base their original numbers form the industry’s top odds makers.

Sports bettors who focus on specific sports, and are consistently checking various sports books, might notice a difference between BetMGM and FanDuel odds. When you compare the two across normal sports betting activity the odds are very similar. Occasionally, one book might have a number that’s a little higher or lower.

Finding the best odds for wagers is only one of the reasons for creating accounts on both BetMGM and FanDuel. Another important variable involved in cashing tickets is the point spread. It’s great when you can get better odds on a play, but the play still has to win, and the only difference is the amount of money won. When the point spread is different, by even only one-half of a point, it can mean the difference between winning and losing.

What are the payment options at FanDuel and BetMGM Sportsbook?

The BetMGM and FanDuel banking options make it easy to deposit funds in your account. Here are all the other ways you can add funds to your BetMGM and FanDuel online sports betting accounts.

  • Debit Cards
  • PayPal
  • Venmo
  • Online Banking
  • Apple Pay
  • VIP Preferred
  • Play+ branded prepaid cards
  • PayNearMe
  • Bank Wire Transfer
  • BetMGM or FanDuel retail sportsbooks
  • Credit Cards
  • And more depending on state

BetMGM vs. FanDuel customer support

It’s easy to find the BetMGM Help & Customer Care link as it sits right next to the login button for your account. Once you’re on that page there are many popular FAQ articles to read.

If your subject isn’t listed and you need to speak to someone, just click on the Contact Us link, and you can reach a customer support representative 24 hours a day, 7 days a week.

FanDuel offers a search bar on the main customer support page that even includes a FanDuel Coach link where you instantly start a chat. They have their articles organized by categories that include most topics that are of interest to customers. Additionally, chatting with the support team on FanDuel is also just a click away.

Responsible gaming on BetMGM and FanDuel

The proliferation of sports betting has many professionals concerned. BetMGM and FanDuel both have pages on their websites dedicated to Responsible Gambling. The categories listed on the BetMGM Responsible Gaming page answer all the following questions.

  • How can I close my account or take a time-out?
  • How do I set/change my deposit limits?
  • How do I know if I have a gambling problem?
  • What help and support is available to me?

FanDuel takes responsible play management very seriously and is committed to protecting its players. Some of the resources available on their website answer common questions.

  • How do I set account limits on FanDuel?
  • How do I put a Timeout on my FanDuel account?
  • What’s the difference between a Time Limit and a Timeout on FanDuel?
  • How do I raise my FanDuel state deposit limit? ​​​​​​
  • What is self-exclusion and how do I self-exclude on FanDuel?
  • How do I close my FanDuel account?

BetMGM Casino

MGM has been in the gambling industry since 1987. Their properties are some of the most famous resorts in the world, including the MGM Grand Las Vegas and Bellagio. BetMGM is the result of its partnership with Entain Holdings, one of the world’s largest online betting technology companies. BetMGM Sportsbook and its online casino products are one of the leading names in online gaming.

BetMGM Casino new customer bonus offer

Right now, anyone in MI, NJ, WV, or PA who wants to sign up for BetMGM Casino can get $25 on the house plus a 100% deposit match up to $1,000. What a deal! Remember that the $25 is a no-deposit bonus, which is the best kind since you don’t have to make a deposit or wager to get the bonus. Also remember to use promo code SHCASINO1100 when signing up to get this great promotion.

BetMGM Casino Bonus – Promo Code SHCASINO1100

FanDuel DFS brand

The founders of FanDual realized that if they could have fantasy sports players win real money and do that every day rather than weekly, people would line up to play. Daily Fantasy Sports traces its beginnings to the inaugural $250,000 FanDuel Fantasy Football Championship. It’s been exploding ever since.

There are still traditional season-long fantasy leagues. Dynasty leagues are a big thing now too. It’s the daily aspect of DFS that makes it so interesting. During a long dynasty season, there are some good weeks and some bad weeks. Occasionally there arrives a perfect week. That lineup where every single player has a banner week. In the past, that would have won your match that week. On FanDuel Dynasty, having one of those weeks, the kind that you talk about all season, can be worth a big payday with DFS.

BetMGM and FanDuel partnerships

Professional and collegiate sports spent their entire history distancing themselves from sports betting. Since PASPA was overturned those same detractors have spent the time cuddling up to sports betting every chance they get. Here are some of the organizations that are BetMGM and FanDuel partners. You can find information on partnerships for all the teams and sportsbooks using our handy betting partnership tracker. Check it out today!

BetMGM partnerships

  • Arizona Cardinals
  • Baltimore Ravens
  • Boston Red Sox
  • Cincinnati Bengals
  • Cincinnati Reds
  • Denver Broncos
  • Detroit Lions
  • Detroit Tigers
  • Houston Astros
  • Kansas City Chiefs
  • Las Vegas Raiders
  • New York Jets
  • Philadelphia 76ers
  • Pittsburgh Pirates
  • Pittsburgh Steelers
  • Richard Childress Racing
  • Tennessee Titans
  • Washington Nationals

FanDuel betting partnerships

  • Baltimore Ravens
  • Brooklyn Nets
  • Buffalo Bills
  • Buffalo Sabres
  • Cleveland Cavaliers
  • DC United
  • Denver Broncos
  • Detroit Red Wings
  • Detroit Tigers
  • Indianapolis Colts
  • Los Angeles Lakers
  • Memphis Grizzlies
  • New Jersey Devils
  • New York Jets
  • New York Liberty
  • New York Yankees
  • Orlando Magic
  • Phoenix Suns
  • Washington Commanders

BetMGM vs. FanDuel rewards program

The versatility of the BetMGM Rewards Program comes from your ability to convert those benefits into MGM Rewards that can be used at any of the MGM Resorts. That’s the biggest difference in the rewards program for corporations with physical locations. Isn’t that every gambler’s fantasy? Getting comped is always a special treat. An exotic cocktail in the lobby bar or dinner in their steak house. On a good trip, it’ll be your room charges. Complementary anything is always great.

Online sportsbooks with limited or no retail footprint have limited options for rewards. Thankfully, they have bonus bets. The FanDuel Rewards Program is available for DFS players, but there is, unfortunately, no FanDuel Sportsbook rewards program. This is by far the biggest drawback of FanDuel compared to other sportsbooks.

BetMGM or FanDuel: overall conclusion – which is better?

There are some sports bettors that use one sportsbook and one sportsbook only. Others have multiple online sportsbook apps loaded on their phone. There’s no right or wrong answer to the question of whether BetMGM or FanDuel is better. They are both pretty great. The best answer is to sign up for both of them and check them out to decide which one is best for you.

If you’re playing a parlay, shouldn’t you spend a few minutes checking what it’ll pay on more than one site? Say it takes you 5 minutes to open an app and enter the ticket to see what the odds are on that site. If you can find one of your books pays only +20 more on the winning odds, it’s worth your time and that’s where you should place the bet. Winning at sports betting is hard. The higher your payoff odds, the lower your winning percentage needs to be for the same result.

Finally, you have to be a little greedy. What if BetMGM has an Odds Boost on the game you like but FanDuel doesn’t? Shouldn’t you place your wager where it’ll win the most money? How about if FanDuel is offering a special deposit bonus this weekend? Doesn’t it make sense to fund the account that’ll give you the most money to bet?

When it comes to the best sports books in your state, if FanDuel is available, sign up for an account. If you have access to the BetMGM Sportsbook app, download that one too. Take advantage of any sportsbook that will give you lots of bonus bets when you lose or just for making a deposit. This way, when you’re handicapping you’ll have multiple options on where to place your online sports betting based on what’s best for you.

Other sportsbook comparisons

Interested in seeing how these sportsbooks measure up against other top betting apps? We’ve got that covered.

  • FanDuel vs. DraftKings
  • BetMGM vs. Caesars