BetMGM NJ Review & Rating 2023: $1,000 Back in Bonus Bets

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BetMGM is a must-try sportsbook and casino in New Jersey, offering some of the most competitive lines in the industry and top-quality games from leading developers.

All of that is backed up by some pretty generous bonuses for both the sportsbook and casino, and BetMGM is fully licensed and legal in a handful of states, including NJ.

In this BetMGM review, we will take a look at all the features that make this platform great and share a few alternatives that are just as good.

Let’s get started.

BetMGM Pros

  • Up to $1,000 back in bonus bets
  • 24/7 customer support
  • Reliable mobile apps for Android and iOS
  • 20+ sports betting markets with competitive odds
  • Live streaming feature available
  • 500+ casino games

BetMGM Cons

  • Short bonus validity periods
  • Can lower your betting limits

BetMGM Bonuses

  • Welcome Bonus: As a new customer at BetMGM, you can get up to $1,000 back in bonus bets if your first wager is a losing one.
  • Referral Bonus: Refer your friends to BetMGM NJ and earn a bonus of $50 for you and your friend.
  • Every-Week Bonus: Place a total of $50 in sports bets to get a $10 bonus bet. You need to be a member of the Money Monday Club to take advantage.

BetMGM is one of the safest gambling platforms you can use – it’s licensed by the New Jersey Division of Gaming Enforcement and is part of the world-famous BetMGM brand.

With that out of the way, let’s dive in and see everything this sportsbook and casino has to offer.

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BetMGM Sportsbook & Casino Stand-Out Features

  • Quality Customer Support: Customer service is available 24/7 to answer all your questions. You can reach them through live chat, telephone number, or email.
  • Unique Loyalty Program: Loyalty reward points are given to regular players whenever they place a sports bet or play casino games. These reward points can be redeemed for various prizes.
  • Reliable Payment Options: This sportsbook presents several deposit and withdrawal methods. They include PayPal, Visa, MasterCard, and EFTs.
  • Top-Rated Bonus Offers: BetMGM stands out as one of the best sportsbooks for bonuses. The site’s loyalty program is extremely generous, and you can get up to $1,000 back in bonus bets if your first wager is a losing one.
  • Style and Feel: This sportsbook’s site was impeccably designed. It offers an aesthetically pleasing interface that is easy to navigate. Plus, you can download an app on your iOS or Android device.
  • Sports Betting Markets: BetMGM has a wide variety of betting markets, catering to the preferences of most players, consequently establishing itself as one of the best choices in the industry.

Is BetMGM Legit?

BetMGM Online Casino and Sportsbook is a popular destination for New Jersey players searching for a safe and reputable gambling platform.

As a recognized and authorized operator, BetMGM provides a safe environment for players to enjoy various casino games, such as live dealer games, table games, and slots.

Given the fact that there are two notable names behind this online sportsbook, it’s safe to assume that BetMGM is entirely legitimate. This platform provides gambling services in various states and is licensed in each.

Furthermore, BetMGM is committed to providing a trustworthy experience by obtaining licenses from multiple respected gaming regulators in the US, including the New Jersey Division of Gaming Enforcement.

The sportsbook’s entire system is protected by one of the most sophisticated firewalls in the industry, and it actively collaborates with highly skilled security advisers to continually improve the systems protecting players’ data.

How to Sign Up and Claim a Bonus with BetMGM Sportsbook in New Jersey?

Follow our step-by-step guide below to create an account at BetMGM and start betting on sports or playing casino games.

1. Sign Up

  • Continue with PayPal or Yahoo Sports, or create an account by providing your email
  • Fill in the form by providing your first and last name, email, date of birth, account name and password, phone number, SSN, and email address
  • You must create two security questions and provide answers to help you recover your password in case you forget it

2. Account Verification

  • Once you’ve completed the sign-up process, you will need to verify your account
  • Upload the necessary documents such as ID, Driver’s License, or Utility Bill
  • Wait for BetMGM to verify your account

3. Deposit & Bet

  • Log in to your account once verified
  • Open the cashier, select a payment method, and follow the prompts to deposit
  • Place your first wager and get up to $1,000 back in bonus bets if it’s a loser!

In-Depth BetMGM Review: Should You Join This NJ Sportsbook?

In this part, we’ll dive a bit deeper into all the details and examine the BetMGM bonus offers, user experience, mobile applications, payment methods, and customer service.

Bonus Offers: 4.7/5

Newbies at BetMGM sportsbook are eligible for up to $1,000 back in bonus bets. To qualify for this bonus, you must deposit at least $10 and place it as your first bet.

If your bet loses, you’ll be given a bonus bet of the same amount. You’ll have a week to use up the bonus you have been awarded.

If you’re joining BetMGM to play casino games, you can claim a 100% match deposit bonus of up to $1,000. This bonus has a 15x wagering requirement and a validity period of two weeks.

User Experience: 4.5/5

The BetMGM site is exceptional and pleasing to the eye. You’ll be greeted by a Jamie Foxx portrait each time you log in to your account. We don’t exactly know why, but it is what it is.

The top navigation bar offers quick links to important sections of the website, such as ‘promotions,’ ‘live,’ ‘login,’ and ‘contact’ pages.

BetMGM loads smoothly, even on a slow broadband connection; hence you can rest assured that you won’t experience any lags navigating from one section to another.

Devices and Mobile App: 4.9/5

BetMGM provides users with a top-notch desktop and mobile site, making it easy for users to get started. Their app works smoothly on all iOS and Android devices, allowing players to enjoy uninterrupted mobile gaming.

If you don’t want to bother installing yet one more app on your phone, you can always use BetMGM via your browser, as it’s fully optimized for instant play as well.

Payment Methods: 4.9/5

At BetMGM, you can choose from a wide range of popular deposit methods, providing you with enough flexibility and convenience.

At present, BetMGM offers the following deposit methods:

  • Online Banking
  • PayNearMe
  • EFTs
  • PayPal
  • ACH checks
  • Visa
  • MasterCard

Deposits reflect instantly, but cashouts take time, depending on the method used. The site implements excellent software encryption, ensuring the safety of transactions.

On average, most players will receive their payouts within a single business day.

Customer Service: 4.7/5

All sportsbooks are highly dependent on the customer service base. At BetMGM, customer support is readily available to address any inquiries around the clock.

They provide in-depth answers to all questions and offer multiple methods of contacting their customer support team. You can reach them through their email, telephone, live chat, and their various social media channels.

By clicking the “help and contact” icon at the top right corner of the webpage, users are directed to a page with FAQs that address a wide range of concerns. Users can choose between live chat or email on the contact page for further assistance.

License and Security: 4.8

BetMGM is a legitimate New Jersey online casino and sportsbook, holding a valid gambling license issued by the New Jersey Division of Gaming Enforcement – and it is also licensed in all other 19 states in which it operates. This means the sportsbook is subject to regulation by the respective gambling authorities in those states.

BetMGM is highly equipped in terms of website security to keep players safe. Each page is secured by encryption software, ensuring the protection of user data. Additionally, players can enable a 2-step verification feature for added security during logins and deposits.

Rewards and Loyalty Program: 4.9/5

The platform has a reward program that rewards loyal players on their site. You earn reward points and tier credits whenever you place a bet. You’ll unlock greater rewards and benefits as you progress to higher tiers.

You can redeem the points for free spins, poker tournament entries, and bonus bets. BetMGM provides a page outlining how to earn reward points and the available options for redeeming them.

BetMGM NJ Review Overall Score: 4.8/5

BetMGM received one of the highest scores our team has ever given. A total of 4.8 out of 5 is as good as a sportsbook can get – and it just proves how far the BetMGM brand has come.

Whether you like to play casino games or bet on sports, BetMGM is sure to provide you with all the necessary tools you need and some of the best bonuses to back up your gameplay.

It’s an overall fantastic choice for all New Jersey players.

What Should You Consider Before Signing Up to BetMGM Sportsbook in New Jersey?

Before getting started at BetMGM in NJ, it’s essential to be aware of two key requirements. First, you must be at least 21 years old to participate. Second, you need to be physically present in New Jersey (or any other state in which BetMGM can legally operate).

While it is possible to register in restricted zones, it is important to note that you will not be able to place bets while in those locations.

BetMGM has specific restrictions in place to ensure certain individuals are not permitted to use their platform. This includes individuals affiliated with regulatory authorities, sportsbook employees, and those associated with other sports betting sites.

The site has distinct registration procedures for these restricted groups, ensuring compliance with regulations and maintaining the integrity of their platform.

After successfully entering your details, you must verify your account to ensure you’ve provided accurate information.

If your account remains inactive, meaning there has been no login activity for three years, it is considered dormant. In such cases, any unclaimed assets within the inactive account may be remitted in accordance with the applicable laws.

All BetMGM Bonuses for New Jersey Players

You can take advantage of several bonuses once you create an account with BetMGM in New Jersey. They are discussed below:

The first bet offer is exclusively available for new members. As a newbie, you can get up to $1,000 back in bonus bets if your first wager is a loser. To take advantage of this offer, all you need to do is sign up, deposit funds into your account, and place a bet.

If you win, you’ll receive winnings as usual, but if you fail to win the bet, you’ll receive the original bet amount back as a bonus bet. To obtain this offer, you have to meet the following terms and conditions:

  • Make a $10 minimum deposit.
  • This first offer is valid for your first cash bet of up to $1,000.
  • The bonus is limited to one person per IP address. If another person in your household creates an account using the same IP address, they’ll not be eligible for this welcome bonus.
  • The bonus will be invalid if you use the “Edit my bet” feature or cash out.
  • All bonuses at BetMGM have a one-week validity before they expire.

You can earn a bonus when you invite your friends to register an account at BetMGM. Simply share your invitation link with your friends, and once they sign up using that link, you’ll be eligible for the bonus.

Once they sign up, get verified, and fulfill the wagering terms, you’ll be credited a $20 referral bonus. You can refer up to a maximum of 20 friends.

Players at BetMGM resorts in LA receive discounts and can select several resort properties across Las Vegas Strip.

Players only have to book and receive a 20% discount on room prices, food, and beverages. It is only applicable to a minimum of two-night stays at the resort. This is a temporary offer that could expire soon.

The “Get $10 Every Week” promotion is a bonus that offers existing members a $10 bonus if they placed a total of $50 in sports bets in the previous week and joined the Money Monday Club.

You are automatically enrolled in the BetMGM rewards loyalty program when you become a BetMGM rewards member — Earn BetMGM reward points and tier credits by placing bets.

The site allows you to redeem the reward points for bonus credits to wager on sports, casino games, or poker. Reward points can be exchanged for food and beverage, hotel stays, and entertainment.

Tier credits, on the other hand, can be used to unlock new BetMGM reward tiers for benefits such as waived resort fees, tickets to concerts, or room upgrades. More information on the reward program is on the promotion page at BetMGM.

With this offer, you’ll get your bonus bet back when your MLB game of at least three legs and over 400 odds misses by one leg; you will get a refund as a bonus bet. The maximum amount you can get as a refund is $25.

Other Amazing NJ Online Sportsbooks Like BetMGM

While BetMGM is indeed an elite online sportsbook and casino, you might want to explore a bit further. After all, there are plenty of other great online casinos for NJ players.

Below, we’ve listed BetMGM’s strongest competitors.

Pointbet is a new and highly-rewarding sportsbook in the US. It is fully licensed and regulated by the New Jersey Division of Gaming Enforcement, making it a completely secure and legal NJ sports betting site.

PointsBet is an online sports betting platform providing a user-friendly mobile betting app for Android and iOS users.

Joining PointBet is a straightforward process – you must be at least 21 years old and reside in one of the states where PointsBet is authorized to operate.

The sportsbook is generous in terms of offers. You’ll be given five second-chance bonus bets up to $50 each as a new customer. You won’t be required to input a promo code.

There are other fantastic offers at PointsBet. They include:

  • Money-Back offer: You’ll get $50 back if one leg fails in four or more Parlay bets.
  • MLB bonus: You receive $25 when you bet $5 or more
  • Tennis offer: You get $1 for every ace on given events
  • If you back a winner at MLB and it leads by three runs, you get paid immediately
  • A $20 bonus for every home run on Fridays
  • Reward points for every bet you place
  • A $100 bonus for every depositing friend you refer

Withdrawals take 1 – 5 days, depending on the specific withdrawal method.

Alongside traditional bet types, PointsBet offers a unique betting alternative, including prop bets and points betting, which appeals to experienced sports bettors seeking a fresh and exciting experience.

FanDuel is one of the first legal online sportsbooks alongside BetMGM to have joined the NJ market, and it’s one of the best alternatives you can use.

In addition to sports betting options and casino games, FanDuel offers one more thing that BetMGM lacks – and that’s Fantasy Sports Betting. If this is the type of jam you’re looking for, then you’d be hard-pressed to find a better option than FanDuel.

To get you started, this NJ sports betting site offers the identical bonus that you can get at BetMGM – up to $1,000 in bonus bets on your first wager of at least $10 if it’s a loser.

Where FanDuel stands out, however, is with its slew of over 15 different sportsbook and online casino bonuses that you can take advantage of as a regular member of the site.

These include profit boosts on parlays, free spins for the casino, exclusive MLB and NBA bonuses, and more.

Other BetMGM Reviews by NJ Players

For a complete overview of the BetMGM Sportsbook and everything it offers, we explored the internet to find out what other NJ users think about it. Here are a few BetMGM reviews that we found:

BetMGM Review Verdict: Is It the Best Sportsbook & Online Casino in New Jersey?

BetMGM is definitely one of the best online sportsbooks and casinos you can join in New Jersey right now.

It provides an intuitive gambling experience, excellent live betting options, and some of the industry’s best bonuses. The sportsbook also has a great variety of sports and leagues, all of which have competitive odds, as well as a good customer service base.

Eager to get started? You can get up to $1,000 back in bonus bets on your first wager of at least $10.

Thanks for reading, and remember to gamble responsibly!

21+ only. The information on this site is for entertainment purposes only. Online gambling comes with many risks. Players are advised to gamble responsibly and only use funds they can afford to lose. Remember, gambling is only intended for entertainment purposes and is not a solution to any financial difficulties.

Gambling laws and policies vary from one region to another. Some sites mentioned in this review may not be accessible in your area. Always do your due diligence and check your local gambling policies. It is always better to be safe than sorry.

If you suspect you’re becoming addicted to gambling, seek help immediately by contacting the National Gambling Helpline at 1-800-522-4700.