BetMGM and FanDuel Sportsbook are two of the most innovative and reliable sports betting platforms available in the United States. They each provide a wonderful experience to their customers and are continuing to go live in new locations every year.

Whether sports betting was recently legalized in your state or you are just looking for a new platform to try out, BetMGM and FanDuel Sportsbook are certainly options that you will want to consider.

However, every customer has different priorities and areas of focus when choosing their preferred sportsbook. As a result, you need to have all the latest, detailed information in order to make an informed decision.

In this article, we will discuss FanDuel and BetMGM Sportsbook in depth and compare their welcome offers, rewards programs, mobile apps, customer service, and much more!

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BetMGM and FanDuel Sportsbook: A Brief Overview

Deciding between BetMGM and FanDuel Sportsbook will not be easy, as they each have so many great qualities and attributes. In the chart below, you will find some of the best features offered by each online sportsbook.

Which Is Better: FanDuel or BetMGM?

Comparing Fanduel and BetMGM, both platforms offer enticing sportsbook bonuses and promotions for new and existing bettors. However, BetMGM's welcome bonus stands out for providing superior value.

In terms of user-friendliness, FanDuel takes the lead, offering the most intuitive online sportsbook and betting apps. Ultimately, your choice between Fanduel and BetMGM may hinge on your preference for bonus value or user-friendly design.

Are BetMGM and FanDuel the Same?

BetMGM and FanDuel differ in their betting markets and rewards programs. BetMGM stands out with a wider range of options for NFL and NBA betting, giving it a slight advantage in betting markets.

Additionally, BetMGM takes the lead in the rewards department, offering a robust loyalty program, unlike FanDuel, which lacks such a program. This distinction makes BetMGM a preferred choice for those seeking a comprehensive sports betting experience.

Is FanDuel Owned by MGM?

FanDuel and BetMGM have different ownership structures. FanDuel is owned by Flutter Entertainment, a leading global sports betting, gaming, and entertainment provider. On the other hand, BetMGM is a joint venture between Entain and MGM Resorts International. So, FanDuel is not owned by MGM; its ownership lies with Flutter Entertainment.

Comparing Sportsbook Welcome Offers & Sign Up Bonuses

Most betting sites offer a special sign-up offer to new customers to help them get their betting experience off to a great start. BetMGM and FanDuel Sportsbook are no different, and they each provide a very exciting welcome opportunity to new users.

The FanDuel Bet $5 Get $150 Promo is now available at FanDuel Sportsbook, and it allows first-time users of the platform to unlock $150 in bonus bets by simply signing up and placing any wager of $5 or more. It doesn't matter if your bet wins or less, as you are guaranteed to receive the $150 bonus regardless of the outcome!

The BetMGM Bet $5 Get $158 Promo works the same way at BetMGM Sportsbook. All you need to do is sign up, make an initial deposit, and place any wager of at least $5. Then, you instantly receive $150 in bonus bets no matter the result.

As you can see, these two sportsbook bonus offers are very similar (with only $8 separating them), so you'll probably want to either take advantage of both promotions or give other factors (odds, betting markets available, mobile app and user experience, etc.) more weight when making your decision between FanDuel and BetMGM.

BetMGM vs FanDuel: Ongoing Bonuses & Promotions

In addition to their incredible welcome offers, there will always be exciting promotional offers and ongoing bonuses available to existing customers of BetMGM and FanDuel Sportsbook. For instance, FanDuel is currently offering their users no sweat same-game parlays, profit boosts, and chances to earn bonus bets.

Meanwhile, BetMGM customers can currently take advantage of their Early Cash Out and Edit My Bet features. In addition, both sportsbooks provide big bonuses to bettors who refer friends to the platform. Although BetMGM Sportsbook has some exciting promotional deals, FanDuel is the clear winner when it comes to their everyday bonuses and compelling opportunities.

Location & Availability: Where Are They Legal?

BetMGM and FanDuel are both widely available across the United States. The locations where the online sportsbooks are currently available can be seen below.

As you can, each platform is live in regions all over the nation. The only differences between the availability of BetMGM and FanDuel Sportsbook involve three U.S. states: Connecticut, Nevada, and Vermont.

Unlike FanDuel, BetMGM Sportsbook is currently available in Nevada. On the other hand, unlike BetMGM, FanDuel Sportsbook is currently available in Connecticut and Vermont.

BetMGM vs FanDuel: Market Depth & Variety

In terms of the variety of sporting events and leagues on which customers can place wagers, FanDuel and BetMGM are the best in the business. In the table below, you can see all of the sports currently being offered by the platforms.

*Note: The availability of certain betting options may vary across states and at different times throughout the year.

Each online sportsbook covers the most popular U.S. sports such as basketball, football, baseball, and hockey.

BetMGM Sportsbook seems to have a slight edge in this category because they offer betting opportunities on some less commonly followed sports like table tennis, water polo, volleyball, and curling. However, for the vast majority of bettors, all desired lines and spreads will be provided by both BetMGM and FanDuel.

Types of Wagers & Live Betting Experience

BetMGM and FanDuel are two of the best in the industry in terms of offering a wide variety of betting options.

Both platforms currently provide their customers with the opportunity to place wagers on point spreads, moneylines, teasers, parlays, same-game parlays, player props, game props, futures, alternate lines, and many others. While it is a very close race, FanDuel seems to have a slight edge over BetMGM, as they offer a broader selection of alternative lines and prop bets.

Furthermore, both online sportsbooks allow their users to place in-game wagers. You certainly cannot go wrong with either of the live betting experiences offered on the platforms. However, BetMGM Sportsbook seems to cover a wider range of sports and leagues than FanDuel.

BetMGM vs FanDuel Sportsbook: Odds Comparison

FanDuel and BetMGM Sportsbook each provide some of the best and most competitive odds among all U.S. sportsbooks. Finding the best odds for your bets is extremely important because it lowers the number of successful wagers you will need to be profitable.

For instance, if your average wager is placed at the industry standard -110 odds, then you will need to win roughly 52.4% of bets in order to turn a profit. On the other hand, if your average wager is being placed at -120 odds, then you would need to win over 54.5% of your bets to make money.

As a result, rather than choosing between BetMGM and FanDuel Sportsbook, you may be better off if you sign up for both and shop for the best odds each time you want to place a bet. Although the odds may be the same sometimes, there are sure to be plenty of opportunities to find a better deal if you have the choice between multiple sportsbooks.

Customer Rewards & Loyalty Programs

BetMGM Sportsbook has a significant advantage over FanDuel Sportsbook when it comes to their customer loyalty programs. The BetMGM Rewards Program allows customers to earn BetMGM Rewards Points and Tier Credits each time they place a wager on sports or play an online casino game.

Rewards Points can be redeemed in the BetMGM Rewards Store for bonus bets or converted into MGM Rewards Points and used for hotel stays, entertainment, or food and beverages at any of the 20+ MGM Resort properties located around the country.

In addition, Tier Credits will allow BetMGM users to move into higher tiers to unlock special benefits and prizes. For example, when a customer reaches the Platinum Tier, they are eligible to receive a $100 bonus bet on their birthday and the anniversary of the day they signed up on the platform. Furthermore, they will get a 30% BetMGM Rewards Point Bonus, access to premium customer support, and more.

On the other hand, FanDuel does not currently offer a rewards program for its online sportsbook. There is a FanDuel Players Club that provides special rewards to users, but this loyalty program only benefits players of FanDuel daily fantasy sports (DFS).

BetMGM vs. FanDuel: Banking Options

FanDuel and BetMGM Sportsbook each offer a variety of safe, secure options for making deposits and withdrawals to their accounts. The tables below include all the available options for each online sportsbook.

Deposit Methods

*Note: The deposit options available typically vary in different states.

Sports bettors can fund their accounts in many different ways with FanDuel and BetMGM. These include online banking, Venmo, PayPal, debit/credit cards, and several others. The only difference between the deposit methods available is the availability of American Express.

Unlike BetMGM, FanDuel does currently accept American Express as a payment option. Furthermore, it is worth noting that the minimum deposit amount on both platforms is $10.

Withdrawal Methods

*Note: On FanDuel, first-time withdrawals by debit card will take up to 48 hours, and all subsequent withdrawals will only take up to 24 Hours.

Users can withdraw money from their accounts on FanDuel and BetMGM in quite a few different ways. These include cash at the casino cage (in certain locations), checks, online banking methods, PayPal, Venmo, and several others.

The most significant difference between the withdrawal process on each sportsbook is the amount of time it will take to receive your funds. Because the internal review process on BetMGM Sportsbook can sometimes take up to five days, FanDuel can offer much quicker payouts to customers.

Customer Service & Supoort at FanDuel and BetMGM

The customer service provided by BetMGM and FanDuel is similar in many different ways.

For example, users can receive help and get answers to their questions from a member of each sportsbook's customer support team by phone, email, Twitter, and live chat. Most customers prefer to use the live chat option provided by the two online sportsbooks because it typically gets the quickest response.

In addition, both BetMGM and FanDuel Sportsbook have a wide variety of help articles on their websites that cover important topics such as the registration process, deposit/withdrawal options, sports betting rules, promotional offers, and rewards programs.

Overall, there are no major differences between the platforms' customer service. However, the FanDuel Sportsbook customer support team is generally more available and quicker to respond. As a result, FanDuel takes home the win in this category.

Mobile App & User Experience

BetMGM and FanDuel Sportsbook each provide a mobile app for their users that is available for iOS and Android devices and can be downloaded on the App Store or Google Play Store.

The BetMGM Sportsbook app has earned an average rating of 4.8 out of 5 stars (~185,000 ratings) on the App Store and 4.2 out of 5 stars (~25,000 ratings) on the Google Play Store.

Meanwhile, the FanDuel Sportsbook & Casino app currently has an average rating of 4.8 out of 5 stars (~1.3 million ratings) on the App Store and 4.7 out of 5 stars (~266,000 ratings) on the Google Play Store.

Despite the slight difference in their average Google Play Store rating, both online sportsbooks offer a fantastic mobile experience to their customers. Each mobile app has a user-friendly interface and receives regular updates based on the feedback of customers.

However, if a choice had to be made between the BetMGM Sportsbook app and FanDuel Sportsbook & Casino app, FanDuel seems to have the advantage, especially because of their typically faster loading times and minimal bugs or crashes.

Final Verdict: BetMGM or FanDuel?

After taking the time to thoroughly review each sportsbook, it is clear that BetMGM and FanDuel are two of the most popular options in the U.S. for a reason.

They each provide an incredible promotional offer to new customers, accept many different payment options, and have some of the most competitive odds on the market. Choosing between the two platforms ultimately comes down to what you are looking for in a sportsbook and how each option best fits your needs.

BetMGM Sportsbook has one of the best customer rewards programs in the sports betting industry, covers a wide range of sports and leagues from around the world, and provides a fantastic live betting experience to their users. Meanwhile, FanDuel Sportsbook offers speedy payouts, a top-tier mobile app, exciting bonuses and promotional deals to everyday customers, and unmatched customer service.

Since each sportsbook has so much to offer its customers, the best option may be to sign up and create accounts with both BetMGM and FanDuel. This will allow you to shop around for the best odds while also figuring out which option works best for you!