Disclaimer: BetMGM Sportsbook is not yet live in Canada. This review is speculative based on BetMGM online sportsbook in other jurisdictions and will be updated when it launches in Ontario.
Founded in 2018, BetMGM is one of the young guns offering sports betting in a variety of legal jurisdictions. It will soon be bringing its impressive platform full of advanced features north with the launch of BetMGM Sportsbook Ontario.
New users will be able to use BetMGM sportsbook bonus code PLAYBONUS to claim a risk-free bet worth up to $1,000. If your first bet settles as a loss, a free bet will be waiting for you in the cashier section.
Bettors can use this welcome bonus on any of BetMGM’s various betting options on either the sportsbook website or the app. Keep reading to learn more about BetMGM as it launches in legal sports betting provinces in Canada.
To claim the welcome bonus, create an account and enter the BetMGM bonus code PLAYBONUS when the online sportsbook prompts you to do so.
|Online Sportsbook||BetMGM Sportsbook Canada|
|Risk Free Bet||Up to $1,000|
|Last Updated||January 2022|
Once you’ve signed up and entered the BetMGM sportsbook bonus code, if your first bet loses, you will receive a matching refund in the form of free bets. If your first bet wins, the bonus offer goes away and any additional bets will not qualify for it.
If your first bet is for more than $50 and loses, you will receive a refund divided into five equally sized free bets. For example, if you bet $100 and lost, you would receive five free bets for $20 each. If your first bet is lower than $50, you would receive a single free bet if it loses.
Note that you won’t get the original value of the free bet back if you place a wager with it and win, but the winnings from the bet are yours to keep. Also, you will need to use any free bets within seven days of receiving them.
You won’t be able to redeem the free bets themselves for cash at any point, and you cannot use them to bet on poker, slots or other casino games. You can only use them to place bets in the sportsbook, although you will receive any profits from successful bets in the form of cash in your BetMGM sportsbook account. You can withdraw those funds, or continue to use them for future bets.
In addition to its welcome bonus, BetMGM Sportsbook has a variety of additional perks, including the “Lion’s Boost” odds boost. The odds boosts are a great way to find bets on games that you may otherwise not have considered, with improved rates compared to their expected value.
Aside from the improved odds, you can find a range of highlighted parlays. Depending on the season, college football betting and MLB parlays appear to be some of the most popular options available at the site.
Parlay insurance, at the time of writing, is available for both college football and the NFL, with single-game parlay insurance up to $50 and $25 respectively. Additionally, a “parlay plus” bonus offers a chance at up to 40% more in profits. You just need to opt-in and place a four- to seven-leg parlay on any combination of sports or events. And then of course you need to win.
Free bets are another key area that BetMGM does well. It offers a $10 free bet every week with the Money Monday Club. Players who wager $50 in qualifying bets during the previous week can receive the $10 free bet. Similarly, you can receive a risk-free bet for up to $25 if you wager on the first touchdown scorer of any NFL game. If the bet loses, you can receive a matching free bet for up to $25.
Starting in 2021, Canada began allowing individual provinces to open up to legal online sports betting. Ontario was the first to do so, with more likely to follow. This means that BetMGM will be able to legally operate its online sportsbook in any of those provinces as long as it receives regulatory approval.
To legally wager at BetMGM in Ontario, you will need to be 19 or older. The sportsbook will verify your details when you create an account. Additionally, you will need to be within provincial lines to place any bets.
Additionally, BetMGM is a trusted name in online betting and gambling. The online sportsbook is a venture from MGM Resorts, which launched in 1986 with a focus on gambling, hospitality and entertainment.
The BetMGM Sportsbook app is available on both Android and iOS devices, whether that’s a smartphone or a tablet. We would recommend creating an account at the sportsbook website before downloading the app to ensure the smoothest possible experience.
Downloading and installing the BetMGM app on an iPhone or iPad is fairly quick and easy:
Here are the steps if you use an Android device:
The BetMGM app is intuitive and easy to use, making it one of the top sportsbook apps that we’ve tried. We would, as with all sportsbooks, recommend creating an account on the website before downloading the app and logging in.
To create an account, head to the BetMGM site and select the “Sign up” button. Then you’ll need to enter some personal details. BetMGM requires a full name, email address, postal address and a handful of other personal info before you can accept the terms and create your account.
Don’t forget to enter the BetMGM bonus code PLAYBONUS where required to ensure your risk-free bet is activated.
Once that’s done, you can download the app and log in before placing any bets and claiming any sports betting bonus:
You’ll find a variety of bets available at BetMGM Canada, with options for all of the popular sports that you would expect from a major online sportsbook.
Take the Toronto Blue Jays, for example. You’ll be able to find a range of bets like totals, win/total, first three, five or seven innings, player props and game props. All of those are in addition to the standard moneyline and run line bets, as well. BetMGM also lets you create an array of parlays involving the Jays or any other MLB team.
Naturally, the bets available at BetMGM are tailored to the available sports and events. Bets on the NFL, for example, can be different from what you would expect from betting on the NHL. Similarly, bettors will find game-specific prop bets as well as player prop bets, making for an impressive selection.
The traditional moneylines, spreads, over/unders, props and parlays are among the most popular of the bets that you’ll find. Parlays, in particular, are a huge part of the site, evidenced by the number of offers and promotions that surround the multi-pick bets.
You can place a parlay at BetMGM by adding multiple selections to the bet slip before entering how much you want to bet and selecting the parlay option from the drop-down menu. Parlays do come with heightened risk, as you need all of your picks to be correct to win anything. In return, however, the payout for a successful parlay can be quite large.
A teaser bet is another area where BetMGM really excels. These are similar to parlays, but they use only spread or total bets. Once you’ve added all of the desired bets, you can choose the “teaser” option in the bet slip. This lets you move the lines for all of your bets in your favour.
You’ll also find live betting, which is popular at online sportsbooks in general, not just at BetMGM. This lets you bet on games as they are happening, with updated moneyline odds, spread and total options, as well as a variety of props.
With the changing rules on sports betting, we are likely to see a variety of online sportsbooks in Ontario become available. As of the time of writing, we believe that BetMGM to be one of the best options. The sportsbook really offers a comprehensive platform that’s great for sports fans, with a huge number of features to play with.
However, competition among sportsbooks is fierce, and if you aren’t satisfied with BetMGM, you likely can find good alternatives. We would recommend FanDuel Canada and DraftKings Canada app as additional options, although trying out different sportsbooks for individual preferences is often a wise idea.
With welcome bonuses available at the majority of these sportsbooks, there often are benefits to signing up at more than one place.
Banking at BetMGM is available via a range of payment methods like debit and credit cards, e-wallets and bank transfers.
Making deposits at BetMGM is an instant process, with funds immediately available to bet with. The minimum deposit for the majority of these options is $10, with no transaction fee when depositing. Here are your choices for making a deposit:
To make a withdrawal at BetMGM, you’ll need to head over to the cashier and select the “withdrawal” option. Then select the banking option that you’d like to use and wait for the withdrawal to process. Each withdrawal typically needs to undergo a 24-hour verification period before it can officially begin, with most withdrawals ultimately taking between one and five business days to complete.
Although BetMGM doesn’t charge a fee for making a withdrawal, it does require a minimum transaction of $20. Here are the withdrawal options at BetMGM:
You can access the customer support section at BetMGM by pressing the “Help & Contact” button at the top of either the website or the app. Here, you can select the most appropriate option from a total of nine “how can we help you?” topics. These range from account details to registration and verification to geolocation and more. Once you’ve selected a topic, an FAQ will open with the most common issues that other bettors have faced at the sportsbook.
If you see your problem on the list, you can click on the appropriate question to seek an answer. If you still require assistance, you can choose the “more help” option, which features access to both a 24/7 live chat assistant or an email address to contact the customer support team.
With Canada now allowing individual provinces to open up to online sportsbooks, we can expect to see many of the big names in the industry seeking entry.
BetMGM has clearly spotted the enormous market opening up before it, and likely will be at the forefront of sportsbooks looking to launch, potentially with a welcome message from the brand ambassador and NHL legend Wayne Gretzky.