BetMGM vs DraftKings: Which Is the Better Sportsbook?

This BetMGM vs Draftkings comparison tries to answer the question, which is the better sportsbook, BetMGM or Draftkings?

To do this, we compare which sports you can bet on at each and what the pros and cons are for each sportsbook.

About BetMGM

BetMGM was established in 2018 and is the mobile betting platform for the famous MGM Resorts International and Entain plc. MGM provides the brand recognition and market access, while Entain provides the online gaming technology. The betting products offered vary state to state with a mix of casino, poker and sports betting products.

BetMGM offers a refreshing experience via its mobile app. Their mobile app is easy to navigate and load times are quick.  For bettors looking to bounce ideas off each other and stay updated to date with news, BetMGM offers a blog. The blog is a mix of current articles, discussion both for serious sports news and others a bit on the fun side.

About Draftkings 

Draftkings was founded in 2021 and is now one of the most popular brands for daily fantasy sports in the United States. The addition of their sportsbook in regulated states has only expanded their growth and popularity amongst bettors. Draftkings offers a great mobile betting app allowing bettors to always stay connected to the action.

Draftkings are seen as one of the original pinoners of DFS but were also one of the first online sportsbooks to adopt Early Cash out for bettors. Along with their focus on sports betting Draftkings has added a full Casino with  a vast array of games to satisfy all gamblers. To keep users engaged with sports all under one platform they offer sports news,articles and statistics to assist with all your wagers. 


States That Offer Each Brand Today

BetMGMDraftkings
Colorado
Indiana
 Iowa
Michigan
Nevada
New Jersey 
Pennsylvania
Tennessee
West Virginia
Virgina 
Colorado
Illinois
Indiana
Iowa
Michigan
New Jersey
New Hampshire
Pennsylvania
Tennessee
West Virginia
 Virginia

Both online sportsbooks are at the forefront of regulator changes state to state which should see both being offered across the board equally. 

Sports To Bet on at Each Book

BetMGMDraftkings
Baseball (MLB)
Basketball (NBA)
Basketball (NCAA)
Boxing
Cricket
Cycling
Darts
Football (NFL)
Football (NCAA)
Golf (PGA)
Hockey (NHL)
MMA Motor
Sports (Nascar, F1)
Rugby (League, Union)
Soccer(EPL,Premier League,MLS)
Tennis 
Baseball (MLB)
Basketball (NBA)
Basketball (NCAA)
Boxing
Cricket
Cycling
Darts
Football (NFL)
Football (NCAA)
Golf (PGA)
Hockey (NHL)
MMA
 Motor Sports (Nascar, F1)
Rugby (Union)
Soccer(EPL, Premier League,MLS)
Tennis 

All major sports are covered by both sportsbooks. Both online sportsbooks currently do not accept bets on Horse Racing. 

Types of Bets Offered at Both

BetMGMDraftkings
Early Cash out 
Futures
Moneyline
Paraly
Props
Round Robin
Spread
Teaser
Total (Over/Under)
Early Cash out 
Futures
Moneyline
Paraly
Props
Round Robin
Spread
Teaser
Total (Over/Under)

Live Betting Offerings

BetMGMDraftkings
Baseball
Basketball
Football
Hockey
Soccer
Tennis 
Baseball
Basketball
Football
Golf
Hockey
Soccer
Tennis 

All common bet types are currently offered by both online sportsbooks (No reverse bets), Draftkings is known for offering better odds in comparison to BetMGM. Draftkings offers some of the best odds in the business for NFL and NHL action. Both offer excellent live betting options including Early Cash Out. BetMGM offers excellent live streaming of sporting events making it easier to bet live.


Banking Options  

BetMGMDraftkings
Minimum Deposit – $10

Total Deposit Methods – 8 

– Debit/Credit
– Online Bank Transfer (ACH)

Minimum Withdrawal – $10

Total Withdrawal Methods – 6
– Online Bank Transfer(ACH)
– PayPal
– Prepaid Gift Card 
Minimum Deposit – $5

Total Deposit Methods – 8 
– PayPal 
– Debit/Credit
– Online Bank Transfer (ACH)

Minimum Withdrawal – $1-15$

Total Withdrawal Methods – 4
– Online Bank Transfer (ACH)
– PayPal

Draftkings makes it slightly easier for hesitant bettors to get in on the action, with a $5 minimum deposit. Both sportsbooks offer fast and secure transactions both depositing and withdrawing funds. Methods for deposit and withdrawal include all common types, and crypto currencies are currently not available at either sportsbook.


Desktop and Mobile Options

BetMGMDraftkings
Desktop
– Fully functional website 
Mobile 
– iPhone and Android compatibility 
Desktop
– Fully functional website 
Mobile 
– iPhone and Android compatibility 

Both sportsbooks offer amazing internet browser and mobile app betting platforms. Modern layouts and visuals paired with streamlined functionality make both websites/apps a favourite for bettors. Both are available for iPhone and Android with identical features.


Bonuses Offers from BetMGM and DK

BetMGMDraftkings
Risk Free First Bet 
If your initial bet is a loser, BetMGM will refund your bet up to $600. Your refund is made in “free bet credits” that must be used for future bets. No refund or bonus is issued if your first bet is a winner.  
Deposit Bonus Up
20% of your first deposit up to $1000($5000 deposit = $1000 bonus)
Or
Risk Free Bet
$500 for first time users 

Draftkings Sign-Up bonus is a bit more flexible giving the user the choice of how to use their bonus, but It is hard to be mad at BetMGM who offers a $600 risk free bet. 


Customer Service at BetMGM vs DK

BetMGMDraftkings
BetMGM Customer SupportPhone:
609-248-9531
Email: support@BetMGMsports.com-Chat: 24/7
Draftkings Customer Support
Phone: Call back service 
Email: support@draftkings.com
Chat: 24/7

BetMGM offers improved customer support which doesn’t come as a surprise as they are veteran’s in the casino world. The simple fact of providing a call in number allows customers to resolve issues quickly.


Betting Resources Available at BetMGM vs DK

BetMGMDraftkings
Articles & News 
Explanation of Bet Types 
Articles & News 
Explanation of Bet Types
Glossary
Team & Player Statistics 

Draftkings does a great job of giving bettors all the information needed to make their decisions. Offering articles, news and statistics within the betting platform saves valuable time before the game starts. Both sportsbooks do a great job of explaining bet types to new bettors.


Features at BetMGM vs Draftkings 

BetMGMDraftkings
Live Streaming (Major Sports)
Casino
Live Poker
 Loyalty Program 
Live Streaming (Alternative Only)
Casino 
Draftkings VIP Program 
Daily Fantasy 

BetMGM currently offers betting Live streaming options within their betting platform, this is crucial for live InPlay betting. Draftkings is currently offering only Korean Baseball, D1 Bundesliga Soccer and Table Tennis for live streaming. Customer feedback has been great in regards to BetMGM live poker action as well. 


Wrap up of BetMGM vs. Draftkings

FeatureWinner 
States offeredDraftkings is currently offered in more states 
Sports to bet on All major sports are offered by both sportsbooks
Types of bets offered All common bet types are offered by both sportsbooks
Live Betting offerings Living bettings options are similar on both sportsbooks
Banking Options Banking options of similar on both sportsbooks 
Desktop/Mobile platforms Both sportsbooks have top tier websites and apps 
Sign-up Bonus Draftkings provides a more flexible sign-up bonus 
Customer Service BetMGM offers phone support
Betting Resources Draftkings provides betting resources such as news and stats to help bettors 
Other Features BetMGM offers live streaming of sporting events within the betting platform.

In a very tight race between top tier online sportsbooks, Draftkings edges out BetMGM. While BetMGM offers live streaming, Draftkings is currently improving this feature on this platform. I do like the fact that BetMGM offers a phone number for customers to call for support, while Draftkings customers must submit a callback form. Draftkings separates itself from BetMGM and is one step above by offering betting resources to users and a flexible signup bonus. Draftkings applies to the casual bettor as well as sharp betting. Both sportsbooks are worth a try, offering a low deposit minimum. If you can only choose one, it would definitely be Draftkings.