Read our comprehensive review to find out all there is to know about BetMGM Colorado Sportsbook including welcome bonuses, sports coverage, and how to win real money online.
As of 1st May 2020, sports gambling is legal in Colorado and the BetMGM sportsbook is currently live in the state. The site launched on this date, making it one of Colorado’s first sportsbooks to take to the market. It has been brought to the Centennial State by ROAR Digital, a collaboration between MGM Resorts and GVC Holdings, through a partnership with the Midnight Rose Hotel & Casino in Cripple Creek.
BetMGM sportsbook is a leading sports gambling website, allowing betting through desktop browsers and mobile phones. They offer extensive sports coverage inclusive of international events, an impressive welcome bonus, and interesting wagering options. Game odds are also great compared to competitors leading to larger payouts. Here is everything you need to know about BetMGM sportsbook.
- Website: www.betmgm.com
- Type of site: Sportsbook
- Welcome Bonus: $500
- Land-based Partnership: Midnight Rose Hotel & Casino
- Colorado Launch Date: 1st May 2020
Bonuses and Promotions
|Max Bonus Amount||Bonus Type||Promotional Code||Wagering Requirements|
BetMGM sportsbook provides a welcome bonus in the form of a $500 risk-free bet for all new customers. This entitles new players to site credit equivalent to the first bet placed if the wager loses, up to $500. For example, if you wagered $100 on a bet that lost, BetMGM will credit your account with $100 site credit to spend on more bets. In essence, this acts as insurance and allows you to place riskier wagers with potentially huge payouts, knowing in a worst-case scenario you will be no worse off. If the bet wins, you receive no bonus funds but keep your winnings. Bonus funds cannot be redeemed as cash and must be used to place further sports wagers. You also have seven days from receiving the bonus funds to spend them before they expire.
When it comes to sports coverage, BetMGM does not disappoint! There is a huge array of sporting events covered, inclusive of US and international markets. You can place wagers on all of the following sports at BetMGM:
|Athletics||Australia Rules||Auto Sports||Baseball||Basketball|
|Golf||Hockey||MMA||Olympic Sports||Rugby League|
Although there is currently a limited sports schedule, as events are reorganized, more options will become available on the BetMGM site. However, now is a great time to learn to navigate around the sportsbook and bet on sports such as table tennis and UFC, which dominated the first weeks of Colorado’s sports betting launch.
Once you have selected an event from the vast list covered, there are also interesting and varied wagers for you to choose from. You can place all the following bets on the BetMGM site:
- Moneyline Bets
- Round Robins
- In-Play Bets
In-play betting is growing in popularity and allows you to place wagers as the game unfolds in real life, getting you involved in the action. Odds are updated in real-time and you can watch live and wait for your bets to come in. BetMGM offers a thorough live betting schedule, however, there is limited in-game information available. Whereas you can see the live game score, player possession, the position of the ball, and other game statistics are not available. This means in-play betting is limited on BetMGM compared to sites like FOX Bet and DraftKings Sportsbook which provide comprehensive live game information. If you are interested in live betting, BetMGM would not be your best option.
One huge advantage of BetMGM, however, is their payouts. Compared to the other sportsbooks in Colorado, BetMGM frequently provides better odds for both the underdogs and favorites. This means if your bet comes in, you will likely receive a larger payout than if you placed the wager on an alternative website. Daily odds boosts on random events each day also do their bit to boost your winnings.
It is simple to sign up for a BetMGM account and can be done from a desktop computer or your mobile phone. Follow these simple steps:
- Head to the BetMGM Colorado website and select the “Register” button in the top righthand corner.
- Complete the registration form by filling in your personal details, social security number, and other information.
- Set up security questions to protect your account and confirm your eligibility.
Once confirmed, you can then deposit money into your new account and start placing sports wagers to win real money online.
Deposit and Withdrawal Methods
There are several methods to choose from for depositing money into your account with BetMGM. Here are your options:
- Visa & MasterCard Payments
- Online Bank Transfers
- E-Wallets such as Skrill
- PayNearMe at 7-Eleven Stores
- VIP Preferred
As the Colorado sportsbook has only recently launched, there may be additional deposit options added to this list in the future. For example, both the New Jersey and Indiana BetMGM sportsbooks allow for deposits to be made via PayPal and Play+ account payments. Whether the Colorado sportsbook will offer this is still to be determined. While some operators offer more choices, there should be enough methods here to find one that suits them. There is a minimum deposit amount of $10.
Withdrawal methods are slightly more limited: you have the option of AHC, Skrill, or check by mail. Withdrawals take a few days to process, with funds typically hitting your bank account within 5 days of the withdrawal request being submitted.
Interface and Navigation
After signing up for an account, you will be greeted with BetMGM’s landing page and will immediately notice the clean interface. Different sports can be selected from the menu at the top to direct you to specific sporting events. Conveniently located down the left, there are also additional options: popular events and top sports, with an A-Z of sports located further down the page to pinpoint precisely what you are looking for. Navigating to the event you are after could not be easier.
Also on the home page there are also lists of odds boosts so you can easily see the deals on offer, and below that, you will see a rotating carousel of current promotions. To the right is your bet slip. Clicking on bets will add them to your bet slip and once happy with your selection, place the bet and wait for the game to unfold.
BetMGM also has a mobile app that can be downloaded to your smartphone or tablet, meaning you can place wagers on the go and from anywhere in the state! The BetMGM app is compatible with both iOS and Android devices. To download the app, simply head to the App Store or Google Play for iPhone or Android devices, respectively. If you cannot find the application on your relevant store, visit the BetMGM mobile website and follow prompts to download the app from there.
The BetMGM mobile app has all of the same functions as the desktop website and is similarly easy to navigate with a simple layout and intuitive design.
If you have any trouble with your account or questions on how to use the BetMGM sportsbook, there are several options for customer support. These include:
- “Help & Support” page on their site for all generic queries
- Live online chat
- Contact form on their website
The customer support provided is okay and there are ways of getting immediate answers to questions using the FAQ pages and live chat. However, actually navigating to these pages of the site is longwinded. First, you need to select “Help & Contact” in the top righthand corner. After this, you will be prompted to select a category that your issue fits into and then narrow it down further. The site will then form an automatic answer to your general query, and by clicking the option for more help, you are finally directed to the contact links and FAQ pages. Therefore, although they have good customer support in place, it is not easily accessible.
As a whole, BetMGM’s Colorado sportsbook is a great option for gambling real money online. The impressive sports coverage and wagering options, along with better odds than competitors make this a popular site. However, the in-play betting information could be improved so players have more information on the live games to produce a more complete sports betting website. Additionally, their customer support, while useful, could also be easier to find. Nevertheless, the BetMGM is incredibly intuitive and makes gambling on the go simple.