BetMGM Sportsbook Canada – $1,000 Sign-up Bonus

Risk Free BetRisk Free BetUp to $1,000Up to $1,000
Bonus CodePLAYBONUS

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.

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Why Choose BetMGM Sportsbook in Canada?
  • Up to $1,000 risk-free bet
  • Sportsbook app is available for iOS and Android devices
  • Exciting range of sports available for betting
  • Plenty of cashiering options to choose from
BetMGM Online Sportsbook Rating
  • Support:
  • Payouts:
  • Bonus:
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What is the BetMGM Sportsbook bonus code for January 2022?

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 SportsbookBetMGM Sportsbook Canada
Bonus CodePLAYBONUS
Risk Free BetUp to $1,000
Last UpdatedJanuary 2022

How the BetMGM Sportsbook bonus works

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.

BetMGM Sportsbook odds boosts, parlays and free bets

In addition to its welcome bonus, BetMGM Sportsbook has a variety of additional perks, including the Lions 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.

How to download the BetMGM Sportsbook app in Ontario

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.

BetMGM Sportsbook on iOS

Downloading and installing the BetMGM app on an iPhone or iPad is fairly quick and easy:

  • Head to the BetMGM site via mobile browser and choose your location.
  • At the bottom of your screen, select “A-Z menu” and, under where it says “Download our apps,” select the sports app.
  • This will take you to the correct page on the App Store, and you can download the app from there.

BetMGM Sportsbook on Android

Here are the steps if you use an Android device:

  • Navigate to the BetMGM Sportsbook site and choose your location.
  • Select the A-Z menu and select the sports app under where it says “Download our apps.”
  • This will take you to the correct page on the Google Play Store, and you can download the app from there.

How do I use the BetMGM app?

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:

  • Open the app to the homepage and scroll through the available sports until you find the sport and game you want to bet on.
  • Once you click on the game, you can scroll through the options before making your selection.
  • Enter the amount that you want to wager in the bet slip, and place the bet.

What bets can you place at BetMGM Sportsbook Canada?

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.

What are the most popular bets at BetMGM Sportsbook in Ontario?

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.

Is BetMGM Sportsbook your best option in Ontario?

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.

What’s great about BetMGM Sportsbook for Canada

  • Comprehensive platform: Our favourite feature about BetMGM is how comprehensive of a platform it is. Everything seems to be available, from live streaming and impressive betting markets to cashing out early and the “Edit My Bet” option.
  • Impressive promotions: BetMGM offers a long list of benefits on its promotions page on both the app and the website. Here you can find potential free bets, parlay offers and much more with an ever-changing selection to pick from.
  • M life Rewards: A loyalty program is a must for any top-level sportsbook, and BetMGM offers a good one. The MGM Resorts loyalty program is available online, with all players able to claim personalized offers, discounted and comped rooms and much more.

Areas in need of improvement

  • Risk-free welcome promotion: Although new bettors may first be intrigued by a risk-free bet for up to $1,000, the fine print does detract somewhat from the offer. Bettors receive the value of a losing bet back in full in the form of free bets, but the value of these free bets does not return to you if you win with them. Something to keep in mind before betting the maximum amount.
  • Minimal odds boost options: We like the “Lion’s Boost” at BetMGM, although we do have one gripe about the feature — there’s not enough of it. A small selection of boosted odds is a shame, but it’s a quick fix that we’d love to see BetMGM include.
  • Confusing customer service: Once you have adjusted to how the customer service system works, it’s a breeze — but getting to that point can be a little frustrating. You’ll need to work through the FAQ before being able to chat to customer support. While this can be annoying, it’s not the end of the world.

BetMGM Sportsbook payment options

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:

  • Credit/debit card
  • Online bank transfer
  • E-check
  • PayNearMe
  • Play+
  • Skrill

How to withdraw money from BetMGM Sportsbook

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:

  • Online bank transfer
  • Wire transfer
  • PayPal
  • Play+
  • Skrill
  • Couriered check

Customer support at BetMGM online sportsbook

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.

BetMGM’s entry into the Canadian sports betting market

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.

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