FanDuel Sportsbook and BetMGM Sportsbook are both top sports betting sites. FanDuel has the most users nationwide; BetMGM is in a battle for third in market share.
FanDuel owns 30-45% of bettors in most states, while BetMGM averages about 10-15%. But the gap between the actual products is much smaller.
Both sportsbooks offer welcome bonuses to new bettors and run free-to-play contests, odds boosts, and more ongoing promos. Both offer competitive odds and have sports betting apps with easy sign-ups, banking, and betting functions.
Which should you bet on? We’ve done the leg work to compare the two in several critical categories.
BetMGM Sportsbook keeps up with the competition in many states thanks to a lengthy list of ongoing promos.
The welcome bonus offers a First Bet up to $1,500. Receive up to $1,500 in Bonus Bets if your first bet doesn’t win.* (*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.) BetMGM’s many promos include single-game parlay offers, parlay profit boosts, and parlay insurance.
BetMGM also offers access to the MGM Rewards loyalty program at MGM Resorts properties. The app is fast and responsive, and BetMGM has consistently competitive odds.
FanDuel Sportsbook is the US market leader because of its great betting app and expansive contests and promos. Its list of popular betting markets is extensive, and FanDuel allows you to dive right into them with a nice welcome bonus, $150 in bonus bets by placing a $5 bet win or lose.
FanDuel allows seamless shifting between the sportsbook and its DFS contests. Ongoing promos include free-to-play contests, regular odds boosts, bonus bets, parlay insurance, and more.
Finding your way around the app or online sportsbook is always easy, making it a consistently enjoyable experience betting with FanDuel.
From a sportsbook product standpoint, there isn’t much of a difference between FanDuel and BetMGM. The big difference is that FanDuel is much more popular.
FanDuel does offer slightly better odds, as BetMGM is rarely the best in any betting market. BetMGM offers free membership in the BetMGM Rewards loyalty program, and while FanDuel doesn’t have such a program, it runs a few more free contests.
Both offer sportsbook bonuses and promos for new bettors and ongoing promos for existing ones. Finally, both have great online sportsbooks and betting apps, but FanDuel is the most user-friendly online sportsbook.
BetMGM and FanDuel have the same banking options available for the most part. But since FanDuel has a few faster options, it wins the head-to-head comparison. Here’s a look.
Banking Method | FanDuel Deposits | FanDuel Withdrawals | BetMGM Deposits | BetMGM Withdrawals |
---|---|---|---|---|
Online Banking | Instant w/ no maximum | 2-4 business days | Instant w/ no maximum | 2-4 business days |
Bank Transfer | Instant w/ no maximum | 2-4 business days | Instant w/ no maximum | 2-4 business days |
Debit/Credit Card | Visa, Mastercard | N/A | Visa, Mastercard, Discover, Amex | N/A |
ACH/eCheck | Instant w/ variable maximum | 3-5 business days | Instant w/ variable maximum | 3-5 business days |
PayPal | Instant w/ variable maximum | Up to 48 hours | Instant w/ variable maximum | Up to 48 hours |
Sportsbook Branded Prepaid Play+ Card | Instant w/ $2,000 maximum | Less than 1 hour | Instant w/ $2,000 maximum | Less than 1 hour |
Cash at retail sportsbooks | Instant w/ no maximum | Instant | Instant w/ no maximum | Instant |
Check | Up to 7 days w/ no maximum | 7-10 business days | Up to 7 days w/ no maximum | Up to 14 business days |
PayNearMe | 15 minutes w/ $500 maximum | N/A | 15 minutes w/ $500 maximum | N/A |
Wire Transfer | Up to 24 hours w/ no maximum | N/A | Up to 24 hours w/ no maximum | N/A |
Venmo | Instant w/ $5,000 maximum | Up to 4 business days | Instant w/ $5,000 maximum | 24 hours |
Apple Pay | Up to 48 hours w/ $5,000 maximum | Up to 48 hours | Instant w/ $5,000 maximum | 1-3 business days |
There’s really no difference between the sign-up process at BetMGM and FanDuel. Neither truly wins this battle.
That said, you can use your DFS account with FanDuel to sign up for the sportsbook, giving it an edge. If not, you’ll choose a unique username and password and provide your email address, name, physical address, phone number, date of birth, and the last four digits of your SSN. That’s standard at these, or any, legit online sportsbooks.
Both will ask you to accept specific terms and conditions and may verify your identity by scanning your driver’s license. Verification can take up to 24 hours with FanDuel or BetMGM.
FanDuel and BetMGM have relatively similar sports betting apps for both Apple and Android phones and tablets. All the apps are rated equally high in the App Store and Google Play stores.
Navigation, betting, and account management are all considered easy with these apps. Plus, the apps are functional and stylish. The only significant difference between the two is that the FanDuel apps have more stability, while the BetMGM apps have more features.
The overall consensus among sports bettors is FanDuel has a slight edge over most betting apps.
See more: Best sports betting apps
Sign up for a new account with FanDuel Sportsbook via the links on this page, and you can Bet $5, Get $150 in bonus bets win or lose. Meanwhile, sign up for a new account with BetMGM Sportsbook using the promo code SPORTSPICK, and you can get a First Bet up to $1,500. Receive up to $1,500 in Bonus Bets if your first bet doesn’t win.* (*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.)
BetMGM rates the edge with a bigger welcome bonus and more ongoing promos.
See more: Best football betting promos
BetMGM Sportsbook is legal in: AZ, CO, DC (on-site only), IA, IL, IN, KS, KY, LA (varies by parish), MA, MD, MI, MS (on-site only), NC, NJ, NV, NY, OH, PA, TN, VA, WV, WY.
FanDuel Sportsbook is legal in: AZ, CO, CT, IA, IL, IN, KS, KY, LA (varies by parish), MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY.
That gives BetMGM a slight edge regarding availability, although FanDuel owns the market share.
BetMGM and FanDuel are offering their respective North Carolina sportsbook promos now that online sports betting launched in the state on March 11, 2024.
FanDuel and BetMGM offer an equally wide breadth of betting options. However, BetMGM is rarely the top sportsbook in terms of odds, while FanDuel is consistently competitive.
There’s more value at FanDuel, so it gets the nod in the odds category.
Both sportsbooks offer similar withdrawal options with payout speeds that are generally equal.
See more: Fastest paying online betting sites
BetMGM lets you connect your sportsbook account with MGM Rewards so you can earn and redeem in a top loyalty program with every bet.
FanDuel doesn’t have a loyalty program. That gives BetMGM the easy win in this category.
BetMGM now features responsible gambling messages in its marketing and advertising campaigns. The organization is committed to promoting responsible gaming. FanDuel is equally committed and offers a variety of tools and support.
This category is tied since both go above and beyond in encouraging responsible gambling.
FanDuel customer support is available via live chat 24 hours a day, seven days a week. The team is on X and Facebook from 8 a.m. to 12:30 a.m. and promises email responses within 12 hours and voicemail responses within 24 hours.
BetMGM customer support includes a live chat feature and email, but you might have to look around to find all that. FanDuel Sportsbook’s customer support is more accessible when help is needed, giving FanDuel the win in the customer service category.
FanDuel and BetMGM are two of the biggest licensed online sportsbooks in the US. However, FanDuel owns the largest market share nationwide, while BetMGM is fighting for scraps and third place. FanDuel has easier-to-access customer service and consistently better odds.
In the meantime, BetMGM has a great loyalty program. Ultimately, it’s a personal choice, but most say FanDuel is the better option. Better odds and at least an equal number of ongoing promos are the deciding factors.
A head-to-head comparison shows FanDuel has a slight edge over BetMGM. Consistently better odds make it the better choice.
You can have accounts with FanDuel and BetMGM and take advantage of everything both provide on the promo and bonus front.
BetMGM and FanDuel are both popular for NFL betting. However, consistently better NFL odds and NFL promos make FanDuel the better choice in this area.
BetMGM and FanDuel’s welcome bonuses are both solid. There are also great ongoing promos at both. The truth is that BetMGM and FanDuel are both decent options when it comes to promos and bonuses.