BetMGM vs. FanDuel: Who has the better sportsbook in 2024?

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

BetMGM Sportsbook keeps up with the competition in many states thanks to a generous welcome bonus and a lengthy list of ongoing promos.

The welcome bonus gets you $1,500 in bonus bets if you lose your first bet + $50 bonus bet. 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.

Pros of BetMGM

  • Great ongoing promos
  • MGM Rewards access
  • Easy-to-use app and online sportsbook

Cons of BetMGM

  • Bonuses expire fast
  • Rarely the best odds
  • Limited customer service options

FanDuel

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.

Pros of FanDuel

  • User-friendly app
  • Single wallet DFS and sportsbook access
  • Terrific contests and ongoing promos

Cons of FanDuel

  • No traditional loyalty program
  • The welcome bonus requires winning a moneyline bet
  • Maximum bets on promos are usually low

FanDuel vs. BetMGM comparison

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, but the BetMGM welcome bonus can provide more value. Finally, both have great online sportsbooks and betting apps, but FanDuel is the most user-friendly online sportsbook.

BetMGM vs. FanDuel banking options

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

BetMGM vs. FanDuel sign-up process

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 vs. BetMGM betting app

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

BetMGM vs. FanDuel promotions and bonuses

Sign up for a new account with FanDuel Sportsbook via the links on this page, bet $5, and you’ll get $150 in bonus bets, win or lose. Meanwhile, sign up for a new account with BetMGM Sportsbook using the promo code SPORTSPICK, lose your first bet, and you’ll get paid back up to $1,500 in bonus bets + $50 bonus bet.

The size of BetMGM’s refund gives it the edge here. You also have to win the moneyline bet to receive bonus bets at FanDuel.

It’s a bit of a wash with both having at least a little something on the promo front during sports’ slowest month. However, BetMGM wins this category, if only by a nose, thanks to the size of its welcome bonus refund.

See more: Best football betting promos

FanDuel vs. BetMGM state accessibility  

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), 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, NJ, NY, OH, PA, TN, VA, VT, WV, WY.

That gives BetMGM a slight edge regarding availability, although FanDuel owns the market share.

BetMGM vs. FanDuel odds markets

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.

BetMGM vs. FanDuel payout speed

Both sportsbooks offer similar withdrawal options with payout speeds that are generally equal.

See more: Fastest paying online betting sites

FanDuel vs. BetMGM loyalty programs

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.

FanDuel vs. BetMGM responsible gambling

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.

BetMGM vs. FanDuel customer service

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.

Conclusion: Is BetMGM better than FanDuel? 

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 and a potentially bigger welcome bonus. 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.

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FanDuel vs. BetMGM FAQ

Which sportsbook is better: FanDuel or BetMGM?

A head-to-head comparison shows FanDuel has a slight edge over BetMGM. Consistently better odds make it the better choice. 

Can I use FanDuel and BetMGM at the same time?

You can have accounts with FanDuel and BetMGM and take advantage of everything both provide on the promo and bonus front. 

Which sportsbook is better for NFL betting?

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.

Is BetMGM or FanDuel better for bonuses and promotions? 

BetMGM has a potentially bigger welcome bonus, and FanDuel’s welcome bonus requires you to win a moneyline bet. There are also great ongoing promos at both. The truth is that BetMGM and FanDuel are both solid options when it comes to promos and bonuses.

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