BetMGM Odds: Your Guide to Finding the Best Betting Lines

16 min read
Oct 10, 2024, 1:53 PM

What Are BetMGM Odds?

BetMGM odds refer to the betting lines provided by BetMGM Sportsbook, which covers over 25 sports and 200 different sports leagues, playoffs, and other major sports events. These odds are key in determining potential payouts, and informed bettors use them to decide their wagers. BetMGM offers odds on various bet types, including moneyline bets, point spreads, prop bets, parlay bets, live in-play bets, and many more. Each is designed to address different types of betting strategies that we will cover in this guide.

Main Components of BetMGM Odds

  1. Moneyline Bets: A bet on which team will win the game. For example, wagering on one team, such as the Buffalo Bills, based on odds that reflect the likelihood of their victory.
  2. Point Spread: A system that balances betting activity by assigning a handicap. For instance, if a team is listed as -7, they need to win by more than 7 points for the bet to succeed, while the opposing team must lose by fewer than 7 points or win outright to cover the spread.
  3. Totals (Over/Under): Wagers on specific events or outcomes within a National Football League (NFL) game, such as the number of points scored by a team or the total passing yards of a player.
A screenshot of BetMGM online sportsbook and its odds

There are thousands of odds at BetMGM but the main ones include Money Line, Totals, and Point Spread.

Key Factors Affecting BetMGM Odds

  • Team and Player Performance: The odds are adjusted based on recent performance trends, injuries, and roster changes.
  • External Conditions: Factors such as weather, venue, and game timing can influence the point spread, moneyline, and totals for NFL games.
  • Market Trends: Odds shift as sportsbooks monitor betting activity, adjusting to ensure balanced wagering on both sides of a line.
  • Advanced Algorithms: Proprietary systems integrate historical and live data to simulate games, events, and specific play outcomes.

The Role of BetMGM Odds in Betting

BetMGM odds serve as a benchmark for evaluating the potential return on a bet amount. Bettors use them to compare options across multiple games and assess which lines offer the best odds for a given wager. By reviewing the latest betting lines, individuals can focus on finding opportunities that align with their approach, whether it involves the NFL season, playoffs, or specific matchups.

This understanding gives a more informed perspective on how BetMGM’s odds are structured and influenced by various factors, contributing to a broader analysis of betting markets.

Where Does BetMGM Get Its Odds?

BetMGM’s odds are generated through a combination of proprietary technology, market analysis, and external data sources. As a leading sportsbook and iGaming operator, BetMGM continues to invest in advanced tools and partnerships to deliver precise and comprehensive betting lines. For the 2024 NFL season, BetMGM has introduced several upgrades powered by Angstrom, Entain’s sports modeling and analytics company.

Integration of Angstrom's Play-by-Play Modeling

  • Simulation-Based Pricing Models: Angstrom’s play-by-play simulation-based pricing models, first implemented during the 2024 MLB baseball season, now power BetMGM’s NFL odds. These models analyze game scenarios to provide real-time updates and exclusive betting markets.
  • Exclusive Markets: Angstrom enables BetMGM to offer unique markets, such as an extensive range of home run markets in baseball and over 450 ways to wager on each pro football game.

Enhanced Technology for a Seamless Experience

Smart Stats
  • Players can access data-driven insights directly alongside betting markets. This includes team performance metrics, player statistics, and matchup-specific trends to help bettors make informed decisions.
Streamlined Betting Features
  • Redesigned bet slips allow customers to view and place multiple types of bets, such as parlays, moneyline bets, and player props, from one interface.
  • BetMGM announced in August 2024 that its app now enables nationwide connectivity for bettors through a single account and wallet, allowing seamless wagering across all states where the sportsbook is active.
Live Bet Tracking
  • Real-time bet tracking lets bettors monitor how their wagers are progressing during NFL games and other live events.

BetMGM Bet Types and Odds

Type of BetDescriptionExample Using BetMGM
Moneyline BetsBet on the team you think will win outright.On BetMGM, bet on the Kansas City Chiefs (-160) to win outright against the Buffalo Bills (+135) in an NFL game.
Over/Under (Totals)Bet whether a game's total points/goals/runs exceed or fall short of a specified number.On BetMGM, bet Over 220.5 total points (-110) in an NBA game between the Los Angeles Lakers and Golden State Warriors.
Both Teams to ScoreBet whether both teams will score during the match (common in soccer).Bet on Both Teams to Score (-120) in a soccer match between Arsenal and Chelsea, available on BetMGM.
Exact ScorePredict the exact final score of a game.Place a bet on BetMGM predicting a 3-2 final score (+1000) in a hockey game between the New York Rangers and Pittsburgh Penguins.
Double ChanceBet on two outcomes in a single match to increase your chances of winning.Use BetMGM to bet on Barcelona to either Win or Draw (-250) against Real Madrid in La Liga.
Point SpreadAssign a handicap to level the odds between favorites and underdogs.On BetMGM, bet on the Dallas Cowboys -6.5 (-110) to cover the spread against the Philadelphia Eagles.
Half-Time/Full-TimePredict the outcome at both half-time and full-time.Bet on a Draw at Half-Time (+120) and Bayern Munich winning at full-time (+200) in a match against Borussia Dortmund using BetMGM.
Anytime GoalscorerBet on a specific player to score any time during the match (available in soccer, football, and hockey).On BetMGM, bet on Lionel Messi (+150) to score anytime during a soccer match between Inter Miami and LA Galaxy.
Futures OddsLong-term bets on outcomes beyond a single game.Bet on BetMGM for the Denver Nuggets (+400) to win the 2025 NBA Championship or Novak Djokovic (-110) to win the US Open.
Goal LineBet on the total number of goals scored in a match, often using Asian Handicap rules.On BetMGM, bet on Over 2.5 goals (-110) in a soccer match between Tottenham and Liverpool.
Prop BetsBet on specific events or occurrences during a game, such as player performance or team achievements.On BetMGM, bet on Patrick Mahomes throwing over 300 yards (-115) in a Chiefs game or LeBron James scoring over 30 points (-120) in an NBA game.
Parlay BetsCombine multiple bets into a single wager for a higher payout.Use BetMGM to create a parlay combining the Yankees to win, Over 8.5 runs in a Dodgers game, and the Packers to cover the spread.
Live In-Play BettingBet on real-time odds as the game progresses.On BetMGM, bet on the Patriots (+200) to win during halftime when trailing by 7 points or Over 1.5 goals (+120) in the second half of a soccer match.
Race to PointsBet on which team reaches a specified number of points first.On BetMGM, bet on the Golden State Warriors (-150) to score 50 points first in a game against the Boston Celtics.
Winning MarginBet on the margin of victory in a game.On BetMGM, bet on the Green Bay Packers to win by 1-6 points (+300) against the Chicago Bears.
Set Betting (Tennis)Predict the score of sets in tennis matches.Bet on Rafael Nadal to win 3-1 in sets (+400) against Roger Federer in a Grand Slam match on BetMGM.
Run Line (Baseball)A variation of point spread betting where a run handicap is applied.On BetMGM, bet on the New York Yankees -1.5 (+150) against the Boston Red Sox.
Correct Quarter/PeriodPredict the exact number of points/goals/runs scored in a specific quarter or period of the game.On BetMGM, bet on Over 20 points (-110) in the 2nd Quarter of an NBA game between the Brooklyn Nets and Milwaukee Bucks.
First to ScoreBet on which team or player scores first.On BetMGM, bet on the Seahawks (+120) to score the first touchdown in an NFL game or Serena Williams (-105) to win the first point in a tennis match.
Draw No BetBet on a team to win, with the stake refunded if the match ends in a draw (common in soccer).Use BetMGM to bet on Inter Milan (-150) to win against Juventus, with a refund if the match ends in a draw.
First Half/Second HalfBet on outcomes specific to the first or second half of a game.On BetMGM, bet on the Ravens to lead at halftime (-110) or the Lakers to outscore the Clippers (-120) in the second half of their NBA game.

Comparing BetMGM Odds With Other Sportsbooks

To get a better picture of BetMGM's odds, the best thing to do is compare them across other sportsbooks. Our example game comes from Week 16 of the NFL season (2024/25) between the Minnesota Vikings and the Seattle Seahawks. \

After analyzing BetMGM's odds, it is obvious that the sportsbook is aligned with the competition in the U.S. states where they are operational. The following side-by-side comparisons of BetMGM’s odds with those offered by BetRivers and DraftKings will give a clearer picture of what to expect.

BetMGM Odds Comparison on Points Spread
BetMGM Odds Comparison on Over/Under
BetMGM Odds Comparison on Moneyline

BetMGM Sportsbook Overview

BetMGM is a leading digital sports wagering platform operating under MGM Resorts International, a publicly traded company on the New York Stock Exchange (NYSE) with the ticker symbol "MGM." The company has established itself as a significant player in the North American sports betting and iGaming industry.

Company Background

BetMGM was formed as a joint venture between MGM Resorts International and Entain (formerly GVC Holdings), leveraging the expertise of both companies in entertainment, hospitality, and gaming. It has rapidly grown since its launch, offering online and retail sports betting and casino games across multiple jurisdictions.

Market Presence in the U.S.

BetMGM is licensed and operational in 29 U.S. jurisdictions, which include:

  • States with Digital Wagering: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, New Jersey, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania, South Dakota, Tennessee, Virginia, Washington, West Virginia, and Wyoming.
  • Territories: The District of Columbia and Puerto Rico.

International Operations

In addition to its robust U.S. presence, BetMGM has expanded its reach into Canada, where it is operational in Ontario, a key iGaming market in the country.

Retail and App-Based Operations

BetMGM complements its online services with a network of retail sportsbooks:

  • In Las Vegas, BetMGM operates nine retail locations at iconic properties such as Bellagio, Aria, The Cosmopolitan, MGM Grand, Park MGM, Mandalay Bay, New York-New York, Luxor, and Excalibur.
  • Customers can begin wagering by downloading the free BetMGM app on Android (Google Play Store) and iOS (Apple App Store). In Nevada, users must visit a retail sportsbook to complete the registration process for the mobile app.

Insights and Key Points

  • Customer Base and Reputation: BetMGM is recognized for its innovation, wide market coverage, and strong brand association with MGM Resorts.
  • Legal Compliance: The platform adheres to regulatory requirements in each licensed jurisdiction.
  • Growth Strategy: BetMGM continues to expand through partnerships, marketing campaigns, and its integration with MGM Resorts’ loyalty programs.

How to Sign Up at BetMGM Sportsbook

BetMGM offers a seamless registration process on its platform, which is available through its mobile app or website. Here’s a neutral, step-by-step guide to help you navigate the process while keeping responsible gambling practices in mind.

Step 1: Confirm Eligibility

  • Verify that you meet the legal requirements to create an account. You must be of legal gambling age in your jurisdiction and physically located in a state, territory, or province where BetMGM operates.

Step 2: Download the BetMGM App or Visit the Website

Step 3: Create an Account

  • Provide personal information, including your name, email address, phone number, and date of birth. You’ll also need to set up a secure password.
Use this opportunity to review BetMGM’s responsible gambling tools, such as deposit limits, self-exclusion options, and daily time limits, during or after account creation.

Step 4: Verify Your Identity

  • Complete the identity verification process by submitting the required documents (e.g., government-issued ID, proof of address).

Step 5: Fund Your Account

  • Choose a preferred payment method (e.g., credit/debit card, e-wallet, or bank transfer) and deposit funds into your account. Follow the platform’s minimum deposit requirements.

Step 6: Claim Welcome Offers (Optional)

  • BetMGM offers a First Bet Offer; carefully review the terms and conditions, such as wagering requirements, eligible bets, and expiration dates, before opting in.
Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Step 7: Choose Your First Bet

  • What to Do: Browse BetMGM’s offerings, choose a sport or market that you've researched and fully understand how it works. Always remember to compare odds between sportsbooks, as BetMGM odds are not always the best in each market.

Step 8: Monitor Your Gambling Activity

  • Use BetMGM’s account management tools to track your betting history and performance.

Step 9: Explore Responsible Gambling Resources

BetMGM Sportsbook

Great Rewards Program

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Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

FAQ

About BetMGM Odds

What are BetMGM Odds?

BetMGM odds refer to the betting lines provided by the BetMGM sportsbook, which covers a variety of sports, including extensive NFL betting options. These odds help determine potential payouts for various bet types such as money lines, NFL point spreads, prop bets, and live wagers. Whether you're betting on the Rams or another NFL team, these odds allow bettors to plan their strategy for the entire game.

How Does BetMGM Set Its Odds?

BetMGM utilizes advanced algorithms and real-time market analysis to set NFL betting odds. Key factors include:

  • Team Performance: Adjustments are based on injuries, form, and roster changes.
  • External Conditions: Weather, venue, and timing affect NFL point spreads and totals.
  • Market Trends: Dynamic shifts in betting activity influence odds.
  • Proprietary Models: Simulations like Angstrom’s play-by-play modeling enhance accuracy and quality for bettors.
What Types of Bets Are Available at BetMGM?

The sportsbook offers a wide array of betting options, including:

  • Moneyline Bets: Predict the team winning outright.
  • Point Spreads: NFL betting that levels the playing field between favorites and underdogs.
  • Prop Bets and Props: Wager on specific player or team achievements, such as touchdowns scored by the Rams or passing yards by a quarterback.
  • Totals (Over/Under): Bet on whether the combined score exceeds or falls short of a specified number.
  • Parlays: Combine multiple bets for a higher payout.
  • Live In-Play Betting: Bet during the game based on updated odds.
  • Many more.
How Can I Compare BetMGM Odds to Other Sportsbooks?

To find the best ones, compare BetMGM odds with other sportsbooks. NFL betting odds for the Rams or other teams can vary, so check money lines, point spreads, and props to maximize value.

BetMGM Promotions

Does BetMGM Offer Enhanced Odds or Promotions?

Yes, BetMGM frequently provides promotions like odds boosts for NFL betting. These promotions enhance payouts but come with terms and conditions, so bettors should utilize this feature carefully.

Details About BetMGM Odds

What Makes BetMGM Odds Unique?

The sportsbook’s integration of Angstrom’s modeling allows:

  • Real-Time Updates: Odds change dynamically during NFL games.
  • Exclusive Markets: Unique props for specific matchups or players.
Can I Bet on Futures at BetMGM?

Absolutely. BetMGM offers futures betting for NFL outcomes, such as predicting the winner of the Super Bowl or a specific division. These long-term bets let you wager on team performance over an entire season.

Responsible Gambling at BetMGM

How Does BetMGM Support Responsible Gambling?

The sportsbook provides tools to protect bettors, including:

  • Deposit Limits: Control your bet amount.
  • Time Reminders: Ensure you don’t spend too much time betting.
  • Self-Exclusion: Temporary account suspension when needed.
  • Support Access: Links to organizations for those who worry about gambling habits.

Navigation

Where Can I Access BetMGM Odds?

View BetMGM odds via:

  • Website or App: Accessible for mobile and desktop users.
  • Retail Sportsbooks: Locations like those in Las Vegas.
What Are the Benefits of Live In-Play Betting?

This feature allows you to bet on the entire game while monitoring team performance in real-time. Bettors can adjust their strategy based on game momentum.

Are BetMGM Odds Available in Canada and Puerto Rico?

Yes, BetMGM operates in Ontario, Canada, and Puerto Rico, offering NFL betting and other sports markets.

How Can I Improve My Betting Strategy Using BetMGM Odds?
  • Study Trends: Monitor NFL betting activity.
  • Utilize Data Insights: Review team and player statistics.
<p>With 20+ years of writing experience across sports, gambling, regulation, technology, and startups, Sol brings a broad understanding to his role as Editor-in-Chief at RG. His work provides clear, factual information to help readers make informed decisions about gambling. Sol’s approach is about transparency and research, so the content at RG is straightforward, evidence-based, and accessible.</p><p>At RG, Sol keeps the focus on the reader by maintaining a standard of reliability and integrity in the information shared. Under his editorial direction, RG aims to provide practical insights into sports and sports entertainment that support a balanced and informed approach. Sol’s approach has helped RG become a go-to source for readers looking to engage responsibly and thoughtfully in the industry.</p>
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With 20+ years of writing experience across sports, gambling, regulation, technology, and startups, Sol brings a broad understanding to his role as Editor-in-Chief at RG. His work provides clear, factual information to help readers make informed decisions about gambling. Sol’s approach is about transparency and research, so the content at RG is straightforward, evidence-based, and accessible.

At RG, Sol keeps the focus on the reader by maintaining a standard of reliability and integrity in the information shared. Under his editorial direction, RG aims to provide practical insights into sports and sports entertainment that support a balanced and informed approach. Sol’s approach has helped RG become a go-to source for readers looking to engage responsibly and thoughtfully in the industry.

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