BetMGM New York provides sports bettors a top-notch betting app with a huge selection of additional incentives, including bonus bets, odds boosts, parlay promotions, contests, prize draws and a loyalty program.
Our BetMGM New York bonus code guide breaks down the various offers available at this popular online sportsbook.
We will also give our verdict on the value-added features that BetMGM NY Sportsbook offers, the deposit methods it provides and the overall quality of the app and the website. Read on to learn more about BetMGM New York.
BetMGM NY Bonus Code
|💸 BetMGM NY Bonus Code:||REALGMNY|
|📱 Betting App:||Yes|
|💳 Minimum Deposit:||$10|
|📅 Live Since:||January, 2022|
The BetMGM New York bonus code REALGMNY gets the journey started. You can simply sign up, deposit $10 or more and place a wager on any sports betting market to qualify for this BetMGM bonus code.
Additional BetMGM Promos in New York
BetMGM online sportsbook has made a name for itself based on its generous promotional offerings and its user-friendly platform. After signing up, you will be entitled to lots of additional BetMGM NY bonus code offers. These are the exciting bonuses available to all BetMGM New York customers:
One-Game Parlay Insurance
BetMGM Sportsbook offers its users protection on parlays of four or more legs. The promotions change frequently, and depending on what sport is in season, the sport with parlay protection can change. However, while the sport changes, the rules of parlay insurance generally do not. The rules are simple: Place a parlay of four or more legs up to 20 events, and sports bettors will receive $25 back as a bonus bet if only one leg of the parlay fails to win, causing the overall bet to fail.
You will receive a profit boost of up to 40% on winning parlays with between four and seven legs at BetMGM New York Sportsbook. Every additional leg you add increases the size of the profit boost. All profits are paid in cash at BetMGM online sportsbook.
The daily odds boosts at BetMGM NY Sportsbook are called Lion's Boosts, named after the MGM mascot. They tend to focus on parlay or one-game parlay markets on major sports such as football, basketball and baseball. It does not offer as many odds boosts as Caesars, but BetMGM provides more boosts than most other New York online sportsbooks.
Every Monday, BetMGM sportsbook gives users $10 in bonus bets for placing $50 or more of bets during the previous week. To take advantage of this promotion, a bettor needs to opt into the Money Monday Club in the "promotions" tab on the app or website. The $10 bonus bet cannot be withdrawn until you have completed a 1x rollover requirement.
Select Your Squad
You can tell BetMGM Sportsbook NY your favorite NFL team and NBA team. It will then provide you with customized content, odds boosts and bonuses on those teams throughout the year.
BetMGM gives out bonus bets through a variety of sports wagering bonuses. For example, if you place a bet on the NBA playoffs and your team loses in overtime, you will be refunded with a bonus bet worth up to $25. There is an identical BetMGM bonus code NY offer on the NHL playoffs, too
You will receive a $50 bonus bet if you refer a friend to the BetMGM online sports betting site. Your friend just needs to use your unique referral link, register with BetMGM New York and make a deposit. You and your friend will then each receive a $50 bonus bet. You can recommend up to 20 friends to this New York sports betting site, resulting in a total of $1,000 in bonus funds. The bonus bets can be used on any sports wagering market, with a 1x rollover requirement.
BetMGM New York App
BetMGM Sportsbook offers a terrific mobile sports betting app. Sports bettors can download the BetMGM Sportsbook app on the App Store for iOS devices and the Android app store for Android devices. The BetMGM Sportsbook app is easy to use and navigate, and it is extremely responsive. The BetMGM app rarely shuts down unexpectedly or glitches.
The app takes around .5 MB to download and the more a user uses the app the more storage it will take up on a device. When using the app there is a bet builder that contains a bet slip so a user can select a wide variety of bets and look them over before placing any action. The app also gives users the ability to stream games and take live bets. In this arena, BetMGM excels relative to its competition.
BetMGM Bonus Pros and Cons
Bonus bets have just a 1x rollover requirement
Offers a wide selection of sports betting promotions
All sports betting customers will join the MGM Rewards loyalty program
Some bonuses are only available on short-term basis
No phone line for customer support
What to Bet on From New York
When using BetMGM, a user will notice a wide variety of betting markets to place action on. BetMGM will have traditional bets on American markets such as the NFL odds, NBA, NHL, and MLB but also out-of-country markets such as the English Premier League and cricket. Below is a list of all the sports markets available for bettors using BetMGM:
We know New York sports fans love to bet on the classic sports leagues such as the NFL, MLB, NBA, and NHL. New York has a strong presence in all of these sports with multiple teams in each league, so this adds a new way for Empire State residents to enjoy watching their favorite teams.
NY BetMGM Betting Options
BetMGM Sportsbook offers a wide variety of betting options for players to utilize. For starters, there are the classic betting options suited for more pro bettors like moneyline, spread bets and totals.
Also, BetMGM has super popular betting options for more casual bettors like parlay bets and prop offerings. On the BetMGM website and mobile app casual and professional bettors can take advantage of solid odds and plentiful betting options.
Moneylines – A moneyline bet is a wager that a team will win an event straight up. There is no addition or subtraction of points involved. Moneyline bets usually have one team with negative odds and one team with positive odds. For example, a bettor can take the New York Jets +250 moneyline against the Bills. If the Jets win, the bet wins.
Unless otherwise specified within the bet's description, moneyline bets are settled regardless of a game going into overtime or extra innings. A moneyline bet will only push if it is two-way action in a sport with draws. For example, if you place a Major League Soccer moneyline bet on the New York Red Bulls vs the Philadelphia Union, and the two teams play to a tie, your bet will "push" (i.e., your bet will be refunded).
Spread Bets – Spread betting is the most common form of sports betting. A spread bet is a bet where one team has points subtracted from its final score and one has points added to its final team total. The odds on spread bets are usually -110. For example, a bettor can take the New York Giants +7 points vs the Washington Football Team. For the bet to win, the Giants need to lose by less than 6 points or win outright
Significant steam – or wagering action – on one team's end of the spread may result in that number moving as the game approaches. So if the Giants are available at +7 on Tuesday, the spread may fluctuate to +5, +9, etc by game time.
Parlay Bets – A parlay bet is a wager that includes more than one leg combined into a single bet. The odds of a parlay are determined by the true odds of both straight bets. For example, a bettor can wager that the Jets, Giants, and Islanders all win on the moneyline for a larger payout. If any leg of the parlay loses, however, the bettor's entire stake is graded a loss. This enticing form of betting is feast or famine.
Total Lines – A total line bet is a wager on the number of goals/points/runs will be accumulated, obviously depending on which sport. For example, if the Islanders are playing the Rangers and the total line is 4.5, the two teams would have to combine to score more than 5 goals for the bet to win.
Worth noting for new sports bettors: Totals will often be set at 38.5, 40.5, etc as opposed to 39. This is to avoid bettors on either end of the spectrum – whether playing overs or unders – from hitting their number exactly, and having their bet refunded.
Futures Bets – A future bet is a wager on an event that is happening later in the season. For example, before the season even starts a bettor can place a bet on the Yankees to win the AL East and the Mets to win the pennant.
Prop Bets - A prop bet is a bet that focuses on a single-player's outcome for an event. For example, a bettor can bet on Zach Wilson to toss two or more touchdown passes or Giancarlo Stanton to hit a home run in a game.
The Origins Of BetMGM Sportsbook NY
BetMGM is a joint venture between MGM Resorts International and a British gambling company called Entain. MGM Resorts International is based in Las Vegas, and it owns many famous Las Vegas sportsbook and casino venues, including Bellagio and MGM Grand, along with Borgata in New Jersey. Entain runs online gambling brands such as Party Casino, Party Poker, Ladbrokes and Bwin.
BetMGM New York is one of just eight online sports betting operators in the state. It was the fifth New York sports betting site to go live, following BetRivers NY, Caesars New York, DraftKings NY and FanDuel New York. On a nationwide basis, BetMGM is the No. 1 online casino and No. 3 online sportsbook, according to MGM Resorts International.
BetMGM New York Sportsbook Features
These are the high-quality sports betting features you can use at BetMGM New York:
Live Sports Streaming
BetMGM Sportsbook offers its users the ability to live stream sporting events through the BetMGM Sportsbook app or website. This offering is unique to the sports betting industry. While some legal sports betting apps offer live streaming, BetMGM has the most extensive menu of games to watch live. Also, users can place live bets on events while they are watching events directly on the BetMGM app or website.
BetMGM Live Betting
BetMGM Sportsbook gives its users the ability to place bets on events that are currently ongoing. Users can bet on the total, one of the teams against the spread, moneylines, or player props while events are playing out in real time. While live betting, it is imperative that users know for sure the exact score and situation of the event at the time. If the BetMGM app shows the wrong score and a bettor takes a wager thinking that is the correct score, the bettor is at fault and BetMGM will not refund the balance.
Early Bet Cash Outs
BetMGM Sportsbook allows its users to cash out of a bet before it is settled. Early bet cashouts are great for bettors that do not want to ride out an entire bet and either lock in some profit or lose less than the full amount of the bet. Cashouts are not offered on every bet.
Same Game Parlays
BetMGM Sportsbook offers its users the ability to place parlays with events all tied to a single event. For example, if the Jets are playing the Bills, a bettor can bet on a parlay that includes the Jets moneyline, the over, and Elijah Moore to score a touchdown. Same-game parlays are great for users that are looking to make a single event more interesting while also creating an opportunity for a larger payout.
Frequent Odds Boosts
BetMGM Sportsbook frequently offers odds boosts and other generous promotions to its users. While these promotions are generous, users cannot combine promotions for a larger payout. For example, if a user is taking advantage of parlay insurance on a Monday, the user cannot enhance odds even more by combining that promotion with same-game parlay insurance.
This tool allows you to edit open bets. You can change your bet amount, remove selections from a parlay and add in new picks. None of the other online sportsbooks in New York offer this feature.
The BetMGM sports betting app and website offer customers a plethora of useful pre-game stats on sports such as football, basketball and soccer. This helps you make astute betting decisions and come up with ideas for NFL prop bets.
BetMGM Banking Options
Depositing money into a BetMGM account is simple and convenient for its users. You will be offered a wide array of deposit methods to suit any type of bettor. In order to deposit money, a bettor needs to navigate to their wallet which is found by getting to your profile which can be found in the top right hand corner of the app or website.
The payment methods are ACH transfer, online bank transfer, PayPal, Visa, MasterCard, Discover, American Express, Play+ and PayNearMe. The minimum deposit is $10.
BetMGM NY Withdrawals
This New York sportsbook generally requires you to withdraw via the same method you went for when making your deposit. The minimum withdrawal is also $10. Payout requests should be processed within a few days, and withdrawal speeds then vary depending on the method selected. Play+ and PayPal are the quickest.
BetMGM Loyalty Program and Rewards
All BetMGM NY online betting customers will join the MGM Rewards loyalty program. You will earn points for placing sports bets – including straights, prop bets, futures and parlays – and the points can eventually be traded for bonus bets at BetMGM New York Sportsbook. You will also be able to claim rewards at MGM Resorts properties in Las Vegas, Atlantic City, Detroit, Mississippi and other parts of the country.
Other Important Factors to Consider
There are certain factors you should consider when deciding if BetMGM NY Sportsbook is right for you:
Customer Support Methods
BetMGM NY Sportsbook provides all customers with 24/7 support via live chat or email. It does not offer a phone line, but neither does any of its New York rivals like FanDuel New York or WynnBET NY. We have always found that the BetMGM Sportsbook team answers our requests quickly and efficiently when we test out the customer service. There is a helpful FAQ section within the sports betting site and mobile app, too.
BetMGM takes a wide variety of measures to ensure their users and their information are safe. Since users are giving BetMGM sensitive information such as credit card numbers and social security numbers, it is imperative that BetMGM takes all the steps to ensure player safety. BetMGM uses the latest encryption technology to ensure the safety of player information. However, it is still important for bettors to use strong passwords and avoid using basic passwords like "12345" or "password".
Responsible Gambling Measures
BetMGM Sportsbook has an entire section of their website dedicated to responsible gambling. By navigating to the bottom of the website or the mobile app, any user can click on the green "RG" and begin to read about warning signs of problem gaming and how to get help. BetMGM has resources such as phone numbers to call for New York's problem gambling helpline as well as federal problem gaming resources. BetMGM also outlines how users can set self imposed limits on deposits as well as dollars placed on bets.
Sportsbook Taxes On BetMGM
You will need to declare any net winnings over $600 to the IRS, as it deems them taxable winnings. That is the case with any New York sportsbook. However, it refers to net winnings over the course of the tax year, so you do not need to worry about declaring every single winning wager you place.
BetMGM has one of the cleanest web-based platforms in New York. Its NY sportsbook runs on proprietary technology from Entain, the co-owner along with MGM Resorts International. The technology is world-class, and it does not license the platform out to third-party sites, so the user experience is unique. The BetMGM New York Sportsbook site is the most sophisticated and detailed in the state.
BetMGM Retail Sportsbook
There are not currently any BetMGM retail sports betting venues in New York. The nearest is at Borgata in Atlantic City, New Jersey. However, if you happen to be in Las Vegas and feeling homesick, you can visit MGM Resorts International's New York-New York casino resort and play at the BetMGM retail sportsbook there.
How to Sign Up and Redeem a Bonus Code with BetMGM NY
You can redeem a BetMGM NY bonus code quickly and easily by following these steps:
Click on our Activate BetMGM NY bonus code link on this page. You will be taken to the BetMGM online sportsbook site.
Choose New York as your sports betting state and you will be presented with a sign-up form.
Enter personal and contact details when prompted, including your date of birth and the last four digits from your SSN.
When your BetMGM NY Sportsbook account is approved, place a bet worth $10 or more on a game of your choice.
If your first bet loses, BetMGM New York Sportsbook will refund you with bonus bets within 24 hours. Complete a 1x rollover before withdrawing any profits you earn.
The RealGM Verdict On The New York BetMGM Sportsbook
BetMGM New York Sportsbook provides a stronger selection of bonuses and promotions than most rivals in the Empire State. It also offers more features, bet types and payment options than the competition. The legal sports betting platform is extremely sophisticated and polished, and it provides competitive odds. BetMGM NY is arguably the best of the all-round online sportsbooks in the state.
BetMGM New York FAQs
What is the BetMGM New York Bonus Code?
The BetMGM New York bonus code is REALGMNY. Use it when signing up to get the best promotions on one of the best sports betting apps in the industry.
Is BetMGM New York legal?
BetMGM New York is legal, licensed and regulated. It was one of the first legal sports betting apps to go live in the Empire State, and it also offers an online sports betting website. If you sign up for a BetMGM Sportsbook account, you can benefit from a wide array of additional online betting promotions.
Can I bet on college sports with BetMGM NY?
You can bet on college sports games at BetMGM New York, provided they do not feature teams based in the state. Wagering on in-state teams is forbidden in the New York sports betting market – that includes March Madness betting. You can bet on all other college football and college basketball games when using the BetMGM New York app. Our online sports betting review has more details, and it also breaks down the BetMGM Sportsbook bonus code.
Does BetMGM NY have an online casino?
BetMGM is not permitted to offer an online casino in New York. It operates the most popular online casino in the country, but it is only available in New Jersey, Pennsylvania, Michigan and West Virginia, as most other states do not permit online casinos. If you would like to use the BetMGM NY Sportsbook instead, you can check out our review to learn more about it, or head over the border into New Jersey to play at the online casino.
Can I Live bet at BetMGM New York?
You can enjoy live betting at BetMGM New York, via the sportsbook mobile app or the online sports betting website. It accepts live bets on everything from NBA games to obscure water polo tournaments. The BetMGM Sportsbook mobile app also offers live streaming of NBA, MLB and NHL games, and it offers competitive odds on in-play markets.