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BetMGM Ontario sportsbook review 2023

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BetMGM: Our verdict

BetMGM is one sportsbook that has knocked its Ontario launch out of the ballpark, and it wouldn’t be a surprise to see their 25-million-strong customer base expand with their foray into the Canadian market. Their sportsbook is attractive and very easy to navigate on both desktop and via their app, meaning you can take advantage of their highly competitive and low-juice odds available across a strong range of markets and sports.

If that wasn’t enough, deposits and withdrawals are equally straightforward, and their live betting platform is fun to use. Read on to learn more about why BET.CA recommends BetMGM.

BetMGM pros and cons

Pros

✅ Easy to use sportsbook on both desktop and mobile

✅ Exciting in-play betting options available with live streaming

✅ Appealing range of markets and sports

Cons

❌ Limited live stats to help inform in-play bets

❌ Lack of cash out options on certain markets

How to sign up to BetMGM in Ontario

Signing up for BetMGM only takes a small amount of your time. Simply complete the form by providing your personal information as prompted on screen, then decide upon the username and password that you will use to log in to your account.

After that, you’ll be ready to deposit funds into your account and get betting. Remember that all BetMGM Ontario customers must be located in Ontario and aged 19 or over.

BetMGM deposit and withdrawal methods in Ontario

BetMGM payout speed

BetMGM pay out winning bets almost instantly in the majority of cases. For all non-check withdrawal methods, they advise that withdrawals can take up to five days to be processed.

BetMGM deposit methods

There are plenty of options for depositing with BetMGM in Ontario:

Option

Minimum deposit

Maximum deposit

Process time

Bank transfer

$10

$25,000

Instant

Credit / debit card

$10

$10,000

Instant

PayPal

$10

$5,000

Instant

Wire transfer

$10

$25,000

Instant

BetMGM withdrawal methods

There are a range of options for withdrawing from your BetMGM account in Ontario:

Option

Minimum withdrawal

Maximum withdrawal

Process time

Bank transfer

$20

$30,000

1-5 business days

Couriered check

$20

$25,000

5 business days

PayPal

$20

$10,000

1-5 business days

Skrill

$20

$10,000

1-5 business days

Wire transfer

$20

$30,000

1-5 business days

BetMGM market coverage and betting options in Ontario

Does BetMGM have good odds?

BetMGM pride themselves on providing seriously competitive odds on a large range of sports and markets. They offer some of the best juice lines in the industry on major leagues popular in Ontario, including the NHL, NFL, MLB, and NBA, and allow bettors to wager on over 25 sports in total.

While betting limits vary per sport and event, as a regulated sportsbook in Ontario, BetMGM do not tax payouts on winning bets.

Does BetMGM offer live betting?

BetMGM offer a simple yet enjoyable live betting product. In-play odds are available for the majority of events and markets they post, and are sharply updated in real time to reflect the action. They also provide live streaming for selected events, so that you can watch and bet all in one place.

However, their live betting platform is let down by the limited stats and tips available to help inform your bets, and the fact that cash out options are restricted for certain leagues and markets. Overall, their in-play options are fun to use, but are certainly more suited to novice bettors than those with advanced experience.

BetMGM app review

The BetMGM app is free to download for both iOS (rated 4.8 stars of June 2022) and Android (rated 4.2 stars). The app is a must-have for the sportsbook’s regulars, as it closely mirrors the desktop platform while retaining a compact and easy-to-use layout.

Indeed, placing bets, finding markets, and depositing and withdrawing money are all straightforward, and bettors using the app also have access to a full range of customer service tools. If you enjoy betting both with BetMGM and on the go, there’s no reason not to get their outstanding app.

Reviews of the BetMGM app from bettors in Ontario in November 2022 include:

  • "Great odds, and the deposit and withdrawal services are amazingly quick and easy."

  • "The best thing to happen in Ontario! A brilliant sportsbook that I enjoy using."

  • "Can 100% recommend this to people who enjoy sports betting."

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BetMGM's reputation

With an estimated customer base of 25 million bettors, BetMGM is undoubtedly one of the most popular sportsbooks in North America.

This is largely in part to their consistent efforts to provide the best experience possible for bettors. They are revered for offering among the most favorable sports betting odds you will find anywhere, as well as the chance to take advantage of fun in-play betting product. On top of that, their customer service team is great at dealing with queries.

Their iOS app also has an impressive rating of 4.8 stars from just over 95,000 customer reviews as of June 2022.

How safe is BetMGM in Ontario?

BetMGM is legal to use in Ontario as of April 2022. It has the appropriate license from iGaming Ontario in compliance with the Government of Canada and the Alcohol and Gaming Commission of Ontario (AGCO).

They are also committed to Responsible Gaming and ensuring their platform is safe as well as enjoyable. They have onsite tools that help customers to better understand their wagering habits and activity, and resources providing tips and advice. Bettors can also set daily, weekly, or monthly limits for both deposits and playing time.

BetMGM key information

📅 Year founded:

2018

🍁 Licensed in Canada:

Yes (Ontario)

Available in Canada:

Yes (Ontario)

🎫 Licenses:

AGCO

🌎 Operating regions:

North America

💸 Average payout speed:

Within a few minutes

🕜 24/7 support:

Yes, available via live chat with customer support team

💬 Languages:

10+, including English and French

🏈 Number of sports offered:

25+ including baseball, basketball, football, hockey, soccer, UFC, MMA, table tennis, cricket, boxing and darts

🔢 Number of markets:

Dozens for games in major leagues such as NFL, NBA, NHL, MLB and Soccer

📺 Live betting:

Yes

💰 Cash out offered:

Yes

📱 App:

Android, iOS

🤩 Additional products:

Bingo, Casino, Slots, Poker

Is BetMGM regulated in Ontario?

BetMGM was among the first group of sportsbooks that became regulated in Ontario in April 2022. They are licensed by the iGaming Ontario Commission in compliance with the Alcohol and Gaming Commission of Ontario (AGCO). You can use BetMGM so long you are physically located in the province of Ontario.

BetMGM support

BetMGM make it easy to get in touch with their customer support team via their live chat function, which allows you to talk with a customer service rep 24/7 in multiple languages. Their team has a good record for resolving issues in a timely and helpful manner and are notably willing to go above and beyond in assisting customers, and does not use bots.

They also operate a customer service email for bettors. If you would prefer not to speak to someone, their site has a detailed FAQ section available for both desktop and mobile containing answers to the most common queries.

Why should you bet with BetMGM in Ontario?

While BetMGM hasn’t been around for very long compared to its competitors, it has wasted no time in building a highly enjoyable betting experience. They offer some of the best odds in the business on all major sports, coupled with great in-play offerings and many simple ways to deposit and withdraw funds.

To sweeten the deal, their mobile app is strong and easy to use, their customer support services are highly helpful, and there are plenty of markets and leagues available. On the whole, it’s hard to find reasons not to bet with BetMGM.

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BetMGM Ontario betting FAQs

Does BetMGM accept deposits via Bitcoin?
Is BetMGM legal in Ontario?
Does BetMGM have a mobile app to use?

The team at BET.CA have over 40 years’ experience in the sports betting and gaming industries, and have worked and written for several of the world’s leading sportsbooks. Possessing unrivalled knowledge and a massive passion for sports, the team regularly bet with all of the sportsbooks we feature and continuously update our reviews to help you make the best choice.

BET.CA staff
BET.CA staff