The push to legalize online sports betting throughout the United States continues. BetMGM is one of the online betting platforms leading the charge. You can find BetMGM in numerous states, and things just got even better. It appears that BetMGM is adding online racebooks in several states to its existing sports betting and online casino platforms.
Before you sign up with BetMGM here is some information that you should consider. How well will this gaming giant treat players when it comes to betting horses online for real money?
BetMGM – A Good Horse Betting Choice?
There is little to question when it comes to the overall reputation of the MGM brand. It has been a driving force in Las Vegas for many years. BetMGM is the online sports betting and casino platform developed by the brand.
Players can take comfort in knowing that BetMGM is fully regulated and licensed to operate in states where online betting is legal. The company uses location software to make sure players are located in an approved area before allowing them to bet.
BetMGM has the experience and the knowledge to create an excellent online horse betting platform. They also have one of the best loyalty programs in the industry. The points that you earn from betting online can be used to get free rooms, free bets, complimentary meals and more.
Online Horse Betting With BetMGM – What to Expect
So what should you expect from BetMGM adding online racebook betting to its platform? If you are a horse betting fan you can expect to have access to many tracks throughout the world. These tracks are all connected to the platform. You will be betting into the same pools that are offered on the track.
This means that you can make bets at the best American tracks like Santa Anita, Saratoga, and Churchill Downs. You can also make bets on the biggest days in horse racing like the Kentucky Derby and the Breeders’ Cup. The betting pools on these days can grow very large, giving you a change to win larger sums of money.
The betting menu at BetMGM is expected to be vast. Players will be able to access all of the traditional bets such as win, place, or show. They will also be able to make exotic wagers like the superfecta and Pick 6.
Bonuses From BetMGM
If you sign up for an account with BetMGM and decide to make a deposit, you may receive free money. This is usually offered in the form of a guaranteed bet or a matching deposit bonus.
The guaranteed bet is a refund of your first wager up to a certain amount if you lose. In other words, if you were to bet $100 on a race and lose, your $100 bet would be refunded in full in the form of a $100 free bet. In most cases the guarantee is only for the very first bet that you make at the online horse betting site.
With a matching deposit bonus you are given an amount of money equal to the amount you deposited. If you deposit $500, BetMGM will add a matching amount to your account in free bet money. You cannot withdraw this money until you satisfy the wagering requirement. The good news is that the wagering requirement is pretty low. It is usually just one time.
Betting Other Sports
An advantage of BetMGM adding online racebook action to its menu is that you don’t need an extra account if your state also allows sports betting. With one account you can bet on both sports and horses. You may also be able to play in the online casino if your state is one with legalized online casino betting.
For the United States bettor, this seems to be a win. Of course, those who still live in an area where online horse betting is not permitted can often play at sites like Bovada which are happy to accept US players. Check our Bovada racebook review, Twinspires review, Busr, BetUS, 1stbet, or even our Betamerica review. All great choice if you are in the US. 5Dimes review for folks anywhere.