BetMGM is one of the biggest and best sports betting platforms, and the industry giant will surely open its doors in Arkansas soon after mobile wagering gets approval. Here’s a preview of what to expect and how to get up to speed and up and wagering, hopefully for fun and profit.
Quick Glance At BetMGM Sportsbook Arkansas
The “King of Sports Books” is a joint venture between MGM Resorts and European gaming powerhouse Entain. It offers a large array of bets on its website and easy-to-navigate app.
BetMGM has tight markets for “deeper” bets like Halves and Quarters as well as for live betting. BetMGM has a DFS and Fantasy tie-in with Yahoo Fantasy. And as such, they’ll offer competitive markets on player props.
BetMGM Promo Codes Arkansas
Every book jumping into Arkansas sports betting wants your business, and BetMGM Arkansas is no exception. BetMGM will offer attractive promos to encourage new users to sign up for and fund an account. Here are a couple of promos that BetMGM frequently puts out there.
Bet Up to $1,000 Risk-Free
BetMGM Arkansas offers a free bet of up to $1,000 upon registration. Sign up for online wagering, make your deposit and bet up to $1,000. If you win, the money is yours. If you lose, BetMGM will give you $1,000 in free bets.
The credit will hit as soon as the losing bet is marked. The free bets must be then used within 7 days. The good news is the rollover is only 1x, meaning you just need to bet that amount in order to be able to withdraw any winnings from your free bets.
Bet $10, Win $200
This is a great intro offer that BetMGM throws out there for new mobile sports betting customers. They will let you bet $10 on a moneyline or point spread and add on a simple proposition, such as “Will there be a touchdown in the Dallas Cowboys vs Philadelphia Eagles game”. If yes, you win $200 in risk-free bets. You will likely have to use the free bets within a certain time frame, but once you roll them over the winnings will be yours.
BetMGM Arkansas Features
All the best online bookmakers offer a variety of betting options. BetMGM Arkansas is no exception. Here’s some of what you will find.
Live In-Game Betting
A live bet is a wager placed on a game in progress. Say you’re watching the Arkansas Razorbacks take on Alabama in basketball. It's a close game early in the 2nd half and you think the Razorbacks are about to go on a run. BetMGM Arkansas will have a live spread line on the game that updates constantly. You can bet live at almost any time during a major sporting event and even some less major ones.
Stream Live Games
Sports wagering should be fun: Live bets make it even more so. Live streaming a game you have some money on just adds to the excitement Like many online betting sites, BetMGM offers live streaming on a variety of major sporting events that lets you view the game on the same screen as your wagering screen. It's available on any event on BetMGM where you see an arrow and “Live” button and you do not have to bet on the event to live-stream it.
Early Cash Outs
Let’s say you place a wager and then have second thoughts about it. BetMGM Arkansas has an Early Cash Out feature that allows you to undo the bet before the game has started. And so long as the spread hasn’t moved since you originally bet online, BetMGM offers the early cash out at the same price as where you entered the bet, so in effect, it never happened!
One-Game Parlays are like they sound, you can parlay two or more bets on the same game and compound your winnings. Just hit up the event in question and then the One-Game Parlay button on the BetMGM app or website and they will give you several pre-packaged parlay options. You can also click on “Click Here to Build Your Own” and create one yourself. Keep in mind you need to build your parlay on the specific fields that BetMGM offers. Further, since it's a One-Game Parlay, there are issues of correlation between legs. BetMGM may allow the parlay and price it accordingly.
Odds Boosts are a net positive for bettors, so take advantage any time you see one offered at BetMGM Arkansas. Books typically price straight bets at -110, meaning you would need to risk $110 to win $100. An Odds Boost flips it in your favor, maybe you get the same game at +115, meaning a $100 bet wins you $115. So long as the spread itself is fair, you come out ahead betting with Odds Boosts over time
Types of Bets Available with BetMGM Arkansas
There are types of bets on sports. They range from simply wagering on the winner of a game to more complex plays. Here’s a sampling.
A moneyline is a straight bet on the winner of the game. Say it's the Super Bowl and the Buffalo Bills are -190 vs the Green Bay Packers at +160. That means if you want to bet on the Bills to win, you would need to risk $190 in order to win $100. Conversely, if you liked the Packers, a $100 risk would win you $160.
A point spread is just an evening mechanism on a game bet. In the above example, the betting market might be Bills -3.5. Books typically price straight bets at -110. So if you risk $110 on the Bills and they win by 4 points or greater, you win $100. If you bet $110 on the Packers and they win the game or lose by less than 4 points, you win $100.
A parlay is a bet where you combine at least two or more bets. In order to win the parlay, all of the “legs” within the parlay must cash. You can create a parlay out of any combo of straight bets, money lines, totals, props, or just about anything that has a line on it. Parlays can be placed across different sports. Want to parlay bet the Packers to win the game and the Memphis Grizzlies to cover +5 vs the Bucks? You can, you just need to win both “legs” in order to cash.
Totals or Over/Under
A Total, also commonly called an “Over/Under” bet is a wager on the total points/runs/goals/etc. scored in the contest. Bills-Rams 49.5 Total is an example of this. The Under wins if the teams combine for 49 points or less, the Over cashes at 50 combined points or more.
A futures bet is a long-term bet, typically on a team’s season. BetMGM Arkansas offers bets on league champions, conference winners, division winners et al. Say you're a college sports fan and want to bet on Duke to win the NCAA Tournament at +1000. That means you'd win $1,000 on a $100 bet. There are also Futures on team win totals in the form of an Over/Under, for example. St Louis Cardinals Over/Under 87.5 wins.
A prop bet is typically a yes/no type wager on a certain event taking place. It can be either team or player-related. For example, BetMGM might offer a prop such as “Ezekiel Elliot Over/Under 59.5 rushing yards”. Or maybe its “Chiefs Over/Under 2.5 passing touchdowns”
User Experience Mobile vs. Desktop
BetMGM is a top-notch site. On the plus side, the app and website are fast and easy to navigate. There’s quick-to-find Live Betting as well. Props aren’t quite so simple to locate, though BetMGM does have a search feature to help there.
Mobile Sports Betting
Sports bettors like the BetMGM app as it carries a 4.8 rating in the App Store. It is a generally fast and intuitive app. Log on with your username and password, or Face ID and you enter a screen with the top sports markets of the day right at your fingertips.
If any of the games are going when you log in, you will immediately see live spreads, totals, and money lines. Up top, you will find links to other popular sports. You will also see the promotions at the top, most commonly plugs for parlays.
Website & Desktop Interface
The website has everything in the app, but more and better of course given the size of the screen. You might not be able to wager from your couch or gym, but it can go on the site you will see buttons to click on every major sport.
If you want to place a bet, click on the event and the side you like and your wager immediately populates a Bet Slip on the right side of the screen. One more click and have some action going.
Loyalty & Rewards Program
When you sign up with BetMGM, you are automatically enrolled in their Bet MGM Rewards program. From there, every bet you place accumulates points. Points will earn you “bonus credits for online casino play, poker play, and sports wagering’ as per BetMGM. You can also convert points for use at MGM resorts as part of their MGM Rewards Tier Credits program.
There is a Tier Structure to the program. You start at Sapphire and can move up to Pearl, Gold, Platinum, and finally Noir (invitation only). Each tier unlocks new rewards such as:
- ☀ Pearl - Complimentary tickets to concerts at MGM Resorts
- 🥇 Gold - Waived resort fees
- 🥈 Platinum - Advanced suite upgrades
You can see where you stand on the Rewards Program by clicking on BetMGM Rewards and then Account Summary.
Betting Lines & Odds
All the legal sports typically price straight bets at -110, meaning you must risk $110 to win $100. BetMGM is no exception. Money lines can vary a bit and BetMGM generally prices in line with the width at the other sports betting platforms. BetMGM does use a different odds-making service from other books, so it is more likely to have outlier odds.
This can present a great opportunity as you always want to place your wager at the best price available and BetMGM is modestly more likely to have that price than the other books.
Deposits & Withdrawals with BetMGM
BetMGM Arkansas wants to make it quick, easy, and convenient to deposit money into your mobile sports betting site.
As you can see, BetMGM offers a large array of options to deposit money into your account. They include bank transfers, credit cards, prepaid cards, PayPal, and MGM affinity cards. Simply pick the one that’s best for you, fill in the required info and your funds will transfer into your account within seconds. It's quick, reliable, and easy.
Sports betting sites can occasionally slow-walk the withdrawal process, but that’s not the case at BetMGM.
Click on “My account” and “Cashier” and then “Withdraw” and you will see many options on how to collect your funds. If you use a credit or debit card or bank transfer you can even get your money within 24 hours. Other methods such as Checks By Mail are available but will take longer.
BetMGM Arkansas Payout Methods
Pros & Cons
Every bookmaker comes with its own set of pros and cons. Below, we'll discuss some of the advantages and disadvantages of BetMGM Arkansas.
BetMGM has a quick and easy-to-navigate app, which makes it ideal for Live Betting. And those live markets are right there on the entry screen so you can access them immediately.
Another pro is that BetMGM prices some markets differently than some of the other mobile apps, and thus they often show the best price on a game. Favorable pricing is great for any bettor.
Parlays have big payouts, which carries a broad appeal to bettors. But they also carry odds more favorable to the Arkansas wagering platform than straight bets, so the books love to plug them.
BetMGM arguably devotes more online real estate to parlays than some of the other legal betting sites.
Customer Support Options
To get Customer Support on BetMGM Arkansas, click on the “Account” tab, then toggle to “Support” and choose either FAQ or Search Help. The first step is to wade through some FAQ’s, and perhaps you will find your answer.
If not, you get to a screen that gives you the choice of 24/7 Live Chat, Phone help during regular business hours, or Email. It's a bit of a maze to get to the Live Chat, but once there it's very quick and helpful.
Safety & Security
As per BetMGM “The system used at BetMGM is state-of-the-art and is one of the safest online. The entire system sits behind one of the most advanced firewalls in the world, and we work with the most qualified security advisors worldwide to constantly upgrade the systems, protecting your data and ours.”
That being said, breaches happen. But you can help keep your information safe by picking a strong alpha-numeric password that is tough to guess, not sharing it anywhere and changing it frequently, or if you suspect someone has accessed your account. Maintaining up to date virus protection also helps here and everywhere.
Opening a BetMGM Account in Arkansas
To open an account at BetMGM, either download their app or go to their website here. Select your state and go to “Register”. You will then be asked to enter info such as your name, date of birth, and email address. Next, pick a username and password.
Finally, you must enter the last 4 digits of your Social, your mobile phone number, and your home address. Set some security questions and confirm you are of legal gambling age and you are set to fund your online wagering account.
Responsible Sports Gambling with BetMGM
There is real merit to the old saying “bet with your head, not over it”. Only wager in increments you can afford to lose.
If you are worried you may overbet, it's a great idea to set controls on yourself either by limiting how much you put into your account or controlling the time spent on the site. If you need help on this, you should contact the Arkansas Problem Gambling Council.
Parting Thoughts about BetMGM Arkansas
Getting the most favorable price is one of the keys to successful sports wagering. As such, you should open as many accounts as is practical so as to increase your chances. Every little bit helps.
That’s not always possible of course. BetMGM is definitely one of the best betting apps out there for sports betting in Arkansas and it's a great book to sign up for whether it's your only account or part of a larger betting website portfolio.
BetMGM Arkansas Sportsbook FAQ
Yes, sports betting in Arkansas is legal, but only at three licensed casinos. They are Oaklawn Racing Casino Resort in Hot Springs, Southland Casino Racing in West Memphis, and Saracen Casino Resort in Pine Bluff. These racing operations are overseen by the Arkansas Racing Commission.Online sports betting is expected to be approved sometime in 2022.
Yes, BetMGM offers risk-free bets. They have a Money Monday Club where you can sign up for free and receive a free $10 bet every Monday, as well as frequent risk-free bet promos.
Arkansas does not have online casinos. Legalized online sports betting is first up on the docket.
BetMGM Arkansas does not offer live sports betting yet, you must physically go to one of the 3 Arkansas casinos to place legal sports bets. State gaming regulators are expected to approve online wagering in 2022.
We do not know at this time when BetMGM will launch in Arkansas. But expect to see them quickly after online sports betting in Arkansas is approved.
Yes, daily fantasy sports are legal in Arkansas. BetMGM has a tie-in to Yahoo Fantasy sports and you can log in to BetMGM with your Yahoo account.