FanDuel vs. BetMGM: Which Sportsbook is Better in 2023?
BetMGM Promotional Offers Not Available in Mississippi, New York, Nevada, Washington DC, Ontario, or Puerto Rico
FanDuel Sportsbook and BetMGM Sportsbook are regarded as two of the best sports betting sites in the United States. Both sportsbooks have respectively grown over the last few years to cement their place among the rest of the industry’s top mobile wagering options and aren’t showing any signs of slowing down.
But which sports betting site comes out on top when looking at FanDuel vs. BetMGM? We’ll settle that debate while examining various aspects of FanDuel Sportsbook and BetMGM Sportsbook. The following comparison breaks down payment methods, wagering options, mobile betting apps, and much more.
More on FanDuel vs. BetMGM
- FanDuel vs BetMGM: Which Sportsbook is Better?
- FanDuel vs. BetMGM: Banking Options
- Comparing FanDuel & BetMGM Features
- Which Mobile App is Better?
- FanDuel vs. BetMGM: Final Verdict
- FanDuel vs. BetMGM FAQs
FanDuel vs BetMGM: Which Sportsbook is Better?
When attempting to determine which sportsbook is the better of the two, there is no better place to start than the beginning of it all. Gaining insight into each operator’s history can help us contextualize their current offerings.
FanDuel Sportsbook and BetMGM Sportsbook have both established themselves as market leaders in the online sportsbook world, so users should naturally want to know how they got there. Check out the backgrounds of FanDuel and BetMGM below:
FanDuel Sportsbook History
FanDuel began as a daily fantasy sports (DFS) platform in 2009. A group of entrepreneurs started the company in Scotland before opening its headquarters in New York. Over the years, it competed with DraftKings for the nation’s top DFS site.
Following the overturning of PASPA, FanDuel became increasingly popular as an online sportsbook. FanDuel Sportsbook first launched its online sports betting platform in New Jersey but has since expanded to 20 total states.
The sports betting site offers its customers a favorable experience thanks to its strong promotions for new and existing users, signature Same Game Parlays, and in-depth markets with competitive odds.
BetMGM Sportsbook History
The BetMGM brand has been known for over 50 years thanks to its hotel, casino, and entertainment operations. BetMGM was one of the earlier players in the online sports betting game, as it launched an online sportsbook in Nevada in 2018. A year later, the brand’s new online casino, BetMGM Casino, replaced playMGM’s online casino in New Jersey. Though the latter platform was separate from the sportsbook, it’s evidence that BetMGM has long established itself as a reputable online gambling operator.
BetMGM Sportsbook officially went live in 2018 after a partnership was reached between MGM and the UK gambling operator Entain. Both BetMGM and FanDuel began in New Jersey, and the BetMGM Sportsbook app and sports betting site is now available in 19 states plus Washington D.C.
BetMGM Sportsbook offers all major sports with as many wagering options as FanDuel. It’s a favorable sports betting experience for bettors due to its wide range of markets and convenient online banking options, which we will shed a little more light on in the next section.
FanDuel vs. BetMGM: Banking Options
Each book’s available payment methods are crucial to the FanDuel vs. BetMGM debate. The two sportsbooks might have amazing features, but that doesn’t matter if they don’t offer common deposit and withdrawal methods. Thankfully, that isn’t an issue with FanDuel Sportsbook and BetMGM Sportsbook.
BetMGM Sportsbook and FanDuel Sportsbook offer similar deposit options, such as:
- Debit Cards
- Credit Cards
- Online Banking
- E-wallets (PayPal, Venmo, etc.)
- Prepaid Cards
The minimum deposit does differ at the two sites. BetMGM users must deposit a minimum of $10 per transaction, while FanDuel allows its users to upload any amount over $5. Another major difference we noticed was that while FanDuel offers Apple Pay as a banking option, BetMGM does not.
FanDuel Sportsbook often advertises its fast withdrawal methods, which include debit card, online banking, Venmo, and PayPal. The online betting platform also requires users to make a deposit with any banking method before they can use the same method for withdrawal.
BetMGM Sportsbook has a standard payout time of 24 hours for debit cards, PayPal, Venmo, and Prepaid Play+ Cards. There’s very little difference with FanDuel, as the sportsbook has a standard withdrawal time of 24 hours for all of the same methods.
FanDuel gets a slight edge for withdrawals because BetMGM requires all deposits and withdrawals through the same method. FanDuel does that with some payment methods, but not all.
Comparing FanDuel & BetMGM Features
Many key factors go into the FanDuel vs. BetMGM debate: promotions, welcome bonuses, loyalty programs, and partnerships. We’ll cover these components below as we examine BetMGM vs. FanDuel in greater detail:
Ongoing Promotions & Bonuses at FanDuel vs. BetMGM
A signup bonus can make all the difference in which brand is better between FanDuel vs. BetMGM. The good news is that both operators have pretty lucrative offers up for grabs at the moment:
If it’s your first rodeo at FanDuel Sportsbook, you can get the following offer: Bet $5 Get $200 in Bonus Bets If Your First Bet Wins! These bonus bets will make your potential first win that much sweeter. New users with FanDuel can claim this offer by clicking on this link!
BetMGM Sportsbook also welcomes new users with open arms. Bettors might find the welcome warmer here, as BetMGM Sportsbook lets new users pick from the following offers:
Exclusive Offer: Get a 20% Deposit Match up to $1,500 in Sports Bonus! with code NYP1500 (subject to 10x wagering requirement and not available in KY, NY, or DC)
Bet $5, Get $158 in Bonus Bets! with code NPBONUS
What ultimately gets players to stick around will be each site’s existing-user promotions, which users will be glad to hear are available at both sportsbooks.
FanDuel and BetMGM do an excellent job of offering daily promotions to existing users. Bettors at either sportsbook will find deposit matches, odds boost tokens, enhanced odds, No Sweat Bets, and much more available for most sports and leagues.
Overall, BetMGM Sportsbook provides more ongoing promotions and a better selection of new-user offers in comparison to FanDuel Sportsbook, giving them the edge in this category.
Available Sports at FanDuel vs. BetMGM
Both FanDuel and BetMGM offer all of the major sports needed to suffice sports bettors’ needs. However, the BetMGM vs. FanDuel battle could come down to the niche sports and different league options available.
Available Sports at FanDuel Sportsbook
There are 21 sports listed under the “All Sports” tab on FanDuel Sportsbook:
- Aussie Rules
- Ice Hockey
- Rugby League
- Rugby Union
- Table Tennis
Available Sports at BetMGM Sportsbook
BetMGM Sportsbook has the following 27 sports on its site:
- Beach Volleyball
- Formula 1
- Rugby League
- Rugby Union
- Ski Jumping
- Table Tennis
Regarding major U.S. sports, there’s virtually no difference in the sports and leagues offered at BetMGM and FanDuel. It appears that BetMGM has a slight edge among niche sports, but that’s a matter of personal opinion.
Betting on NFL at FanDuel vs. BetMGM
A standard NFL game at FanDuel Sportsbook offers props for scoring, passing, rushing, receiving, kicking, and even defensive plays. Game props are offered on a first-half, second-half, and quarterly basis.
FanDuel also has particular game specials that are exclusive to the sportsbook. The betting site almost always offers a promo surrounding NFL Sunday, whether it be for the 1pm games or Sunday Night Football. An individual primetime game often features an odds boost or No Sweat token that allows users to receive bonus bets if their wager loses. The site also offers many alternative lines for the spread, total, and select player props.
The BetMGM vs. FanDuel debate may favor FanDuel for NFL betting. As many options as BetMGM provides, FanDuel has more props available for a typical NFL game.
Betting on NBA at FanDuel vs. BetMGM
NBA bettors at FanDuel Sportsbook have access to all of the standard betting markets featuring player and game props. If you’re looking for unique options, the platform offers odds for stat leaders, winning margin, and race to X points.
In terms of wagering on the NBA, the BetMGM vs. FanDuel debate goes against BetMGM when you consider that the operator only offers alternate lines for player props in Same Game Parlays.
Bet Types & Rewards at FanDuel vs. BetMGM
The different betting types available at a sportsbook are crucial to its success. Even the best sportsbook wouldn’t be complete without unique betting types, including live betting. Their validity and recognition hinges on strong partnership and rewarding loyal customers.
These factors played a big role in deciding the better sportsbook between BetMGM and FanDuel.
Live Betting at FanDuel vs. BetMGM
Both BetMGM and FanDuel do an excellent job when it comes to live betting. Both provide odds for all major sporting events while covering most niche sports. They also offer live streaming for select sports, making it easier to follow your bets.
The consensus around the industry is that BetMGM Sportsbook has more options for live betting, but it runs faster at FanDuel Sportsbook. The lines move quickly with live betting, giving FanDuel a slight edge in this regard.
Loyalty Programs at FanDuel vs. BetMGM
BetMGM Sportsbook wins this category by default, as FanDuel Sportsbook doesn’t have a loyalty program. BetMGM has different tiers to reward players for placing bets at its sportsbook or online casino.
For example, a $100 straight bet yields at least 20 reward points and 20 tier credits. A $100 parlay gives users 50 points and credits. Customers can move into a higher tier to earn more perks such as points, bonuses, and premium customer service.
Users can convert BetMGM points into bonus credits at the betting site. Users can also redeem them for hotel and dining perks at MGM-affiliated properties.
Partnerships at FanDuel vs. BetMGM
This section would be far too long if we listed every partnership associated with FanDuel. The betting site has partnerships with the NFL, NBA, MLB, and NHL in addition to partnerships with many sports teams across these leagues. A few prominent names associated with FanDuel include Charles Barkley, Kay Adams, and Rob Gronkowski.
BetMGM Sportsbook has its fair share of partnerships, but FanDuel does a better job leveraging its brand through its partners and ambassadors.
Which Mobile App is Better?
Does FanDuel or BetMGM have the better mobile app? That’s a key talking point to the FanDuel and BetMGM debate, as many bettors use the mobile app to place their bets for a convenient on-the-go experience. We’ll examine the signup process and user interface for both the BetMGM and FanDuel apps.
Sign Up Details
FanDuel and BetMGM are available on the App Store and Google Play Store. Once they download the app, customers can complete the signup process by inserting personal information, such as their:
- First and last name
- Home address
- Phone number
- Date of birth
- Last four digits of their SSN
There’s virtually no difference in the signup process at BetMGM and FanDuel. Whether you use the app or desktop site, it’ll ask for the same information before confirming your identity. Once complete, users can place their first bet.
A key difference is that the BetMGM Sportsbook welcome offer requires a bonus code during the final stages of registration. At FanDuel Sportsbook, no promo code is required to claim the welcome offer.
The FanDuel mobile app offers a sleek layout and smooth user interface. It features a great color scheme with light blue and white throughout, making it visually appealing for all users. The app runs quickly and smoothly, so users can easily navigate to their bets.
BetMGM Sportsbook, simply put, doesn’t operate as quickly as FanDuel. Bettors looking to take their time on the BetMGM app won’t have an issue, but its navigation lags behind FanDuel.
When deciding between the FanDuel or BetMGM mobile app, FanDuel might win when it comes to user experience because of its simple layout and easy navigation. Ultimately, it’s close enough that bettors should have a favorable experience with either mobile app.
FanDuel vs. BetMGM: Final Verdict
Which sportsbook comes out on top between FanDuel and BetMGM? They each have a fair share of pros and a few cons. We’ll examine the main differences before choosing which is better.
Main Differences Between FanDuel and BetMGM
Finding key differences between FanDuel and BetMGM was difficult because they had similar features throughout. BetMGM Sportsbook has a slight advantage with its betting markets and rewards program.
The betting markets for the NFL and NBA offered more options at BetMGM, and the loyalty program was a clear winner because FanDuel doesn’t have one.
It may not be a stark difference, but the FanDuel app offers a more optimal user experience than BetMGM. It has a cleaner layout while offering quicker speeds for live betting.
FanDuel vs. BetMGM Conclusion
While bettors can’t go wrong with FanDuel or BetMGM, FanDuel ultimately wins in this battle of online sportsbooks.
For starters, the validity and recognition of FanDuel make it an obvious first choice for new bettors. Additionally, its clever Same Game Parlay builder is the industry’s best, and it comes loaded with nearly any market a player could possibly want to wager on.
FanDuel’s existing user promotions are strong, as the site routinely offers profit boosts and parlay insurance to go along with the occasional deposit match.
The signup bonus options are more favorable for BetMGM Sportsbook, but it changes often. We’ve seen FanDuel have much more consistent offers over the last few years.
All in all, between its in-app offerings and first-class user experience, FanDuel takes the cake in the ongoing debate of FanDuel vs BetMGM.
FanDuel vs. BetMGM FAQs
Here are some common FanDuel vs. BetMGM FAQs:
Which sportsbook offers a higher signup bonus?
BetMGM Sportsbook typically offers higher signup bonuses in comparison to FanDuel. Right now, new BetMGM users can Get a 20% Deposit Match up to $1,500 in Sports Bonus! This offer can be claimed by entering the BetMGM bonus code NYP1500 during signup. Note that it’s subject to a 10x wagering requirement. The secondary welcome offer at BetMGM is Bet $5, Get $158 in Bonus Bets! with promo code NPBONUS.
The current welcome offer at FanDuel is a bit lower, as customers have to wager at least $5 to score $200 in bonus bets. And at FanDuel, you only get the bonus bets if your first bet wins. In order to claim this offer, new users can click on this link.
Which sportsbook is more notable?
FanDuel has been involved in the online sports betting world since launching its DFS platform in 2009. FanDuel has had a lot more time to establish itself as one of the biggest sportsbook brands.
BetMGM, on the other hand, already had an extremely recognizable brand through MGM resort properties and MGM rewards, but its online sportsbook isn’t as much of a household name amongst online bettors.
Does BetMGM or FanDuel offer a quicker payout?
There’s virtually no difference in withdrawals at FanDuel and BetMGM, as both offer their fastest payout within 24 hours.
What sportsbook provides better odds boosts and promotions?
Both sportsbooks offer odds boosts and other promotions to existing users. BetMGM Sportsbook has the edge in quantity, but the quality of boosts at FanDuel gives it the overall edge.
What states offer FanDuel and BetMGM Sportsbook?
BetMGM and FanDuel are available in nearly half of the country, with BetMGM Sportsbook in 19 states and D.C., and FanDuel Sportsbook in 20 states. Both sportsbooks are available in the following states: AZ, CO, IL, IN, IA, KS, KY, LA, MS, MD, MI, NJ, NY, OH, PA, TN, VT, VA, WV, & WY.
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