BetMGM vs Caesars: Sportsbook Comparison
The sports betting industry is taking off in the United States and new customers have a wide range of sports sites and apps to choose from. Two of the best sportsbook options are BetMGM and Caesars.
Here’s a breakdown of BetMGM vs Caesars for sports bettors. A look at the features, promo codes, bonuses, and more offered by each online sportsbook.
BetMGM Sportsbook vs. Caesars Sportsbook Promos
New sports bettors are looking for the best promotion and offer to place their first bet. This allows bettors to start the betting experience with a boost in their account.
BetMGM welcome offer
BetMGM offers a first bet insurance of up to $1,000 for new users. It’s a risk-free bet. For example, you place your first bet of $150 on the Lions to win. The bet loses. BetMGM will give you $150 in bet credit to cover the initial loss.
BetMGM has been known to offer bet credits and bonuses during state launches. For example, when Ohio launched, BetMGM gave users who pre-registered $200 in bonus bets that hit their accounts on launch day.
Caesars welcome offer
Caesars offer is a bet on the house of up to $1,250 ($1,500 in some states). If your first bet loses, Caesars will cover the loss in bet credit up to $1,250. The welcome offer also includes 1,000 Caesars Rewards Tier Credits.
The sportsbook has also dished out bet bonuses during state launches. For example, for Ohio’s launch, Caesars gave out a $100 bet credit to users who pre-registered and placed a minimum deposit of at least $20 on signup.
More promotions from BetMGM
BetMGM has one-game parlay insurance, odds boosts, and an “Edit My Bet” feature. Users can add or change their bet selections. They can also increase their stake.
More promotions from Caesars
Caesars has profit boosts on all sports that can be as high as 10%. The platform also has MLB parlay insurance on bets with at least 4 legs. Users do not have the option to edit bets on Caesars.
BetMGM vs Caesars: Who Has Better Odds?
As a sports bettor, you want to get the best odds possible. This allows you to get the most value out of your bet. When placing wagers on major sports, comparing competitive odds at online sportsbooks can make you a little extra money.
BetMGM has better favorite odds
When comparing odds, BetMGM has shown it has the best odds on favorites for bettors. For example, an NFL game might have the Chiefs as -125 favorites. BetMGM might have the Chiefs at -115. A $115 bet gets you $100 instead of a $125 bet.
Caesars favors the underdog
While BetMGM’s betting markets seem to boost the favorite, Caesars favors the underdog. When going to place your first wager, compare the odds of favorites and underdogs with each platform.
Now, what about getting rewarded as you place bets? Let’s see which offers a better rewards program.
BetMGM’s rewards are broken into tiers. The levels are Sapphire, Pearl, Gold, Platinum, and Noir. Placing bets earns reward points that can be used for bonuses and are redeemable at MGM Resort properties.
Sports bettors earn points for placing straight bets or parlays. $100 earns at least 20 points on a straight bet and 50 points for a parlay.
Caesars VIP Loyalty program is known as one of the best in the business. New customers earn 1,000 points for signing up. Bettors then earn points for each wager they place. The bets can be redeemed for bet credits, bonuses, and more.
One credit is earned for every $5 in wagers placed. Users move up tiers after collecting a certain number of points. Rewards are collected along the way.
Each sportsbook has a long list of popular sports and leagues. You can bet on the NFL, NBA, MLB, and more. While both have a wide range of sports available, BetMGM has a few more options.
BetMGM includes darts, MMA (Bellator), and volleyball. As each sportsbook continues to grow, you can expect more sports to be added.
Bet Types Breakdown
Each sportsbook offers the main types of bets on the top sports. These include spreads, totals, moneylines, parlays, teasers, props, and futures.
Each platform has live betting with an extensive list of odds for users to check out while watching their favorite team in action.
The same-game parlay has gained major popularity in recent years. It is not available at every major sportsbook but BetMGM and Caesars both offer this option for bettors.
The platforms each have a variety of banking options for users to easily fill up their accounts or cash out after a big win.
Each platform has at least 7 methods to deposit. The best options include major credit/debit cards, PayPal, and online bank accounts. The minimum deposit at BetMGM is $10 while Caesars has a minimum deposit of $20.
For withdrawals, Caesars Sportsbook offers fewer options than BetMGM. Each sportsbook has the major methods you’ll see across online sports betting such as PayPal, bank account, and check.
Withdrawals at Caesars are processed within 72 hours. BetMGM takes 3-5 days. So if your latest bet is a winner, Caesars will be the faster cashout option.
BetMGM vs. Caesars State Availability
Bettors can find these sportsbook apps and sites in the US where betting is legal. Both are up and running in almost every legal betting state. For example, each is located in Arizona, Michigan, Ohio, Tennessee, and more.
Each operator has a one-state advantage vs the other. Caesars is live in Rhode Island while BetMGM is not. BetMGM is available in Wyoming where Caesars is not live.
Sportsbook Apps and Interfaces
BetMGM and Caesars are available on Android and Apple iOS devices. BetMGM is strongly rated at a 4.8 in the Apple Store while Caesars is a 4.6 out of 5.
Users have complimented BetMGM’s slick interface as it is easy to use. This is one of the reasons BetMGM is seen as a solid place to start in the industry.
The platforms are up to date with their customer support. Each sportsbook has 24/7 customer service that includes email, live chat, and phone.
This is a big advantage. Sports take place all day long. Being able to reach your sportsbook at any time is crucial if you have questions or issues with bets.
Final Verdict: Which Sportsbook is Better?
When looking for the best overall sportsbook, there is a lot to consider. Review the BetMGM and Caesars sportsbooks to find what you are looking for as a bettor. Download each app on your mobile device to scan what is available.
Who wins the battle comes down to personal preference. Both platforms are strong in their own way and are two of the top betting sites in the United States. Caesars has the better loyalty program while BetMGM is a great place for new users.
Check out both and do a comparison of odds, features, and more before making a decision. After that, you’ll be ready to place your first bet.
Please Gamble Responsibly. 21+ and Gambling Problem? Call 1-800-GAMBLER
Caesars vs BetMGM FAQs
Do Caesars and BetMGM have mobile apps?
Yes. You can access the BetMGM or Caesars mobile betting app in the Google Play or Apple Store. Other devices can also be used to access the betting platforms or you can visit each sportsbook’s online website.
Can I live bet with BetMGM and Caesars?
Yes. Both sportsbooks offer live betting and in-play odds for users. Bettors can also live stream events on both platforms to keep up with the action.
Does Caesars or BetMGM payout faster?
Caesars processes withdrawals within 72 hours while BetMGM takes 3-5 business days. This gives Caesars a slight advantage between the two sportsbooks because of the few extra days it might take BetMGM.
Are BetMGM and Caesars legal sportsbooks?
Yes. BetMGM and Caesars are approved and live in legal sports betting states. Each sportsbook is part of an established online gambling brand licensed to operate where betting is legal.
Written and updated by
Top SportsbooksSee All
Get a $1,000 Deposit Bonus
10x your first bet. Up to $200 in bonus bets.
A First Bet Offer up to $1,000