BetMGM Florida Sportsbook Review & Launch Updates

In this article, we will cover the latest updates on BetMGM Florida promos, launch dates, betting options, and everything else you need to know before Florida sports betting goes live.

BetMGM Florida Promos Table & Launch Updates: April 2024

BetMGM Florida: Legislation Timeline

It's looking like Florida residents won't get the chance to claim BetMGM Florida bonuses until 2024 at the earliest or even 2025. More details on BetMGM bonuses Florida might offer will be released when online sportsbooks can apply for licenses.

• 📅 2023: Lawmakers fail to advance Florida online sports betting discussions before the legislative session ends. Court appeals continue to delay sports betting in Florida.
• 📅 2022: The Florida sports betting compact are tied up in D.C. Circuit Court appeals, as BetMGM online sportsbook revenue hits $850 million.
• 📅 2021: Florida sportsbooks are put on hold after a lawsuit brought by FL casinos claims that the legal sports betting compact violates Indian Gaming Regulatory Act. MGM Resorts International releases a BetMGM mobile app for horse race betting in Florida.
• 📅 2020: SB 968 and SB 970 receive very little consideration for online sports betting and end up dying in committee.
• 📅 2019: Florida legislators dispute over Seminole Tribe gaming rights. BetMGM signs a partnership contract with the MLB.
• 📅 2018: MGM Resorts International and Entain Holdings announce a new iGaming division for BetMGM online sports betting following the U.S. Supreme Court's decision to rule Professional and Amateur Sports Protection Act (PASPA) unconstitutional.

BetMGM Florida bonus code updates will be added here as the legislative timeline continues to develop, so bookmark this page to stay in the know.

What is the BetMGM Florida Bonus Code?

The BetMGM Florida promo code is STATEBONUSMGM. However, it can't be redeemed in Florida quite yet. It can only be used in states like Louisiana and Tennessee, where BetMGM Sportsbook and other sports betting is already legal. If you find yourself in one of those neighboring states, this BetMGM Florida welcome bonus offers up to $1,000 in bonus bets for first wagers that result in a loss.

How to Claim BetMGM Florida Bonus Code? 

New sports bettors can use the BetMGM Florida Sportsbook promo code to claim a bonus bet if their first bet loses. Remember, you must be located in a state like Louisiana or Tennessee, where sports bettings is live and legal, in order to place a wager using this promo code. BetMGM Florida bonus bets are issued as credits matching the first bet amount up to $1,000.

Here's how you can claim the BetMGM Florida promo first bet offer:

1. ✅ Sign up for an account with BetMGM Sportsbook
2. ✅ Enter the BetMGM Florida promo code STATEBONUSMGM
3. ✅ Deposit at least $10 into your new BetMGM account
4. ✅ Wager real money on an eligible game
5. ✅ If your bet loses, you'll be credited with bonus bets up to $1,000

Losing a first bet over $50 will get five bonus bets for another shot at victory. Each BetMGM bonus bet is worth 20% of the original wager up to a total amount of $1,000. For example, losing a $1,000 first bet will get a refund in five $200 bonus bets. Any first bet below $50 will earn a BetMGM bonus bet equal to the amount wagered.

What to Know About BetMGM Florida Bonus Code

Florida Sportsbook promos all have terms and conditions for wagers, deposits, rollovers, and sports betting markets. Here are the basic requirements for this BetMGM Florida promo code:

• 👇 Minimum Bet: $10
• 👆 Maximum Bet: No limit, but credits only cover $1,000
• 🏀 Eligible Sports: All games
• 📊 Minimum Odds: None
• ⏱️ Time Limits to Claim Offer: Bonus bets expire within 7 days
• 💰 Maximum Win: $1,000,000 (sportsbook limit)

BetMGM bonus bets typically show up in accounts 24 hours after the first bet loses. Each bonus bet credit must be wagered one time before withdrawing any profits. For example, a $200 credit requires a $200 bet to cash out a winning wager (excluding the credit amount).

Do I Need a BetMGM Florida Bonus Code? 

No, you don't need a BetMGM Florida promo code. While BetMGM Florida promo codes are not required, they can supercharge online sports betting strategies. For example, a BetMGM Florida Sportsbook promo welcome bonus code for a refund credit can level the playing field on a first bet. Sign-up offers with a BetMGM deposit bonus code will match first deposits for a bigger bankroll right off the bat.

Registered users can claim ongoing BetMGM Florida promos for parlay insurance, odds boosts, reload bonuses, and other special offers. Profit boosts are another popular BetMGM promo Florida is expected to offer. These BetMGM promotions can add some extra green to winning wagers, especially on same game parlays.

Comparing BetMGM Florida Bonus to Other Sportsbooks

Every online sportsbook will have a welcome bonus code for building a roster of Florida sports bettors. Let's take a look at how the BetMGM Florida bonus code for new users stacks up against the competition.

BetMGM Florida Promo Code vs. PointsBet

Rookies can cover five wagers with the Second Chance PointsBet Florida Promo. Every first bet for 5 consecutive days will get a refund for a $100 bonus bet if the wager loses (5 Wagers x $100 Bonus Bet = $500). BetMGM FL bonus bets can go up to $1,000, but they only cover one losing wager. That said, bigger bankrolls might benefit more from the BetMGM first bet offer.

BetMGM Florida Promo Code vs. Hard Rock

Fresh recruits don't have to sweat a first bet with the New User Hard Rock Florida Promo. First wagers that don't win will get a bonus bet worth up to $100 compared to a $1,000 BetMGM bonus bet. The only real difference between these sports betting bonuses is the credit amount. Budgets with less flex may opt for a lower bonus bet value over the BetMGM Florida Sportsbook promo.

Latest BetMGM Florida Promos & Bonuses

Sports bettors can wager with BetMGM Florida Sportsbook bonus codes to get bigger bankrolls, better odds, or a break on a bad call. These are some of the latest BetMGM promotions Florida is expected to offer.

First Scorer Bet Insurance

First Scorer Bet Insurance BetMGM Florida Sportsbook promo codes will pay out bonus bets on losing player props. The most recent promo gave football fans insurance for wagers on who will score the first touchdown in select NFL games. Coming up short on Dolphins prop betting, for example, returns a $25 BetMGM bonus bet credit.

Call Your Shot Wednesdays

MLB fans can earn bonus bets for baseball wagers with "Call Your Shot Wednesdays" BetMGM FL promos. Placing $25 on a home run prop with this BetMGM bonus code will earn a $10 bet credit, regardless of the outcome. For example, a $25 wager on Jorge Soler to hit a homer against the Sox at +400 odds will pay out $125 plus the $10 bonus bet.

Weekly Bonus Bets

BetMGM Sportsbook will sometimes automatically offer Bonus Bets to users who log in on certain days of the week. You just have to claim the Bonus Bet by Friday and use it within three days of receiving it. Those bonuses can be used on any sport, including parlays and future bets.

Referral Program

Get bonus bets for every friend that signs up using a referral BetMGM Sportsbook Florida promo code. Each referral is worth a $50 bonus bet for both accounts. Bonus bets are credited after friends deposit $10 and wager the $50 referral bonus on a game with -200 minimum odds. Each account can have 20 referrals per month.

BetMGM Rewards Program

Florida bettors will earn perks on par with BetMGM rewards in other states. Every wager on BetMGM casino games and BetMGM sports will earn Tier Credits and Rewards Points.

Rewards Points can be redeemed for BetMGM Florida Sportsbook bonus bets. These points can also be used at over 20 MGM Resorts (e.g., MGM National Harbor, Gold Strike Casino Resort) for hotel stays, dining vouchers, entertainment packages, and more.

Tier Credits unlock loyalty status levels with exclusive benefits for MGM Resorts, including hotel discounts, concert tickets, room upgrades, and travel credits. There are 5 tiers available, with the highest level being invite-only.

Is There a BetMGM Florida NFL Promo? 

No, there isn't a BetMGM Florida NFL promo yet. Dolphins, Bucs and Jags fans will still have to hang on for NFL BetMGM Florida bonus codes to come off the bench. The wait will be worth it, though, since BetMGM Sportsbook is an official NFL sports betting partner. Even though Florida sports betting is not yet allowed, you can still track the latest odds for Florida NFL teams all season:

We predict a full range of football-themed BetMGM Florida promotions for regular and post-season games. The usual BetMGM bonus code lineup will feature plenty of profit boosts, parlay insurance, and odds boosts. Other bonus codes BetMGM Florida might offer could be for preseason action, like the $25K Draft Prediction Challenge. 

Who is the BetMGM Florida Partnership Promo With?

Although specific information on BetMGM Florida promo code partnerships is not available, this online sportsbook holds court with major sports leagues such as the NFL, NBA, MLB, and NHL. These sports betting contracts may hint at upcoming BetMGM promotions related to Florida-based professional sports teams like the Tampa Bay Buccaneers, Miami Heat, and Florida Panthers. Stay tuned for updates on BetMGM Florida promo code partnerships.

Get to Know the BetMGM Sportsbook Mobile App for Florida Bettors

Sports fans can count on BetMGM Sportsbook App features to fall in line with top Florida betting apps. The homepage has a simple design that makes it easy to find the current slate of games.

Top banner icons call out major leagues and live betting markets. Sticky tabs on the bottom provide quick access to all sports, bet slips, current bets, and BetMGM Florida Sportsbook promos.

Adding wagers to a bet slip is intuitive and only takes a couple of clicks. Game density is on-point with minimal lag time to keep selections active and uninterrupted until the whistle blows.

Here's how to use the BetMGM Florida Sportsbook App to place a bet:

1. ✅ Choose a sports betting market
2. ✅ Select odds and click the bet slip icon
3. ✅ Create a parlay or keep selections separate
4. ✅ Enter a wager amount over $0.50
5. ✅ Apply a BetMGM Florida Sportsbook bonus code (if available)
6. ✅ Click "Place Bet" to submit wagers

Finding some pre-game betting options requires a bit of maneuvering. That said, BetMGM mobile app reviews consistently rave about its user-friendly interface compared to some rivals. For example, Barstool app users report issues of promos overcrowding the main page. 

What Makes the BetMGM App Stand Out?

The BetMGM Florida App will come equipped with daily odds boosts to gain a slight edge on select sports betting markets. Most BetMGM Sportsbook boosts increase odds by 20-25% (e.g., -200 to -150). These odds boosts are called a "Lion's Boost." There's usually only one daily deal, but sports bettors might find 5-10 competitive odds boosts for big games.

Do I Have to Download the BetMGM App?

No, you don't have to download the BetMGM Sportsbook app. But, live betting is much easier to keep up with on the BetMGM App. While big screens offer more visual space for stats and lines, mobile betting provides the freedom to stay engaged with in-play wagers from anywhere.

BetMGM Sportsbook app notifications track real-time odds for game-time decisions on early cashouts instead of running to the nearest desktop. These notifications also send alerts for flash BetMGM Florida promotions with fast expiry dates that won't wait for sports bettors to sign into a computer.

BetMGM Florida Technical Info 

BetMGM Sportsbook App software is compatible with mobile devices running iOS 13 or Android 5.0 and higher. Logging in requires multi-factor authentication for added security. BetMGM Sportsbook privacy policies prioritize secure user data that isn't collected or shared with third parties.

Positives & Negatives of BetMGM App

How to Download BetMGM Betting App

Florida residents can download the BetMGM Florida betting app when it goes live. Visit BetMGM's online sportsbook or search for "BetMGM Sports" in the Apple or Google Play Store. Click "Install" on Android devices or "Get" on Apple devices to start downloading. Follow the instructions to sign-up and claim any BetMGM promos Florida will be offering to new users.

Is there a state-specific BetMGM App? 

No, there isn't a state-specific BetMGM Sportsbook app. You'll be able to download one app across all states. Here's where the BetMGM Sportsbook app ratings currently stand:

What iOS Users Are Saying

🗣️ "Deposited, played, and won. Cashed out and had my money in my hands in one day.”

🗣️ "Really good, and the withdrawals come quick. Really the number 1 betting app that's very friendly too. I have tried the majority of the betting apps. USE BETMGM."

🗣️ "This was the best betting app. I used this one far more than the other ones, but the update changed the layout, menus, and betting restrictions on parlays and somehow got worse for lag."

What Android Users Are Saying

🗣️ "I downloaded many sportsbook apps (DraftKings, Fanduel, and Caesars), and this is the best. Not only is the app easy to use, BetMGM gives good odds and boosts."

🗣️ "Had an issue at first finding my $200 bonus bets. Customer support said it would take 24-48 for a response. They got back to me within 20 min, and the issue was resolved by the time I could log back into my account."

🗣️ "App is a little shakey but works good overall. They give lots of bonus bets and odds boosters, which are great. Easy to understand what you are betting and how much you could win or lose. Wish I could use it anywhere, but that's not the app's fault."

How to Sign Up for a BetMGM Florida Betting Account

Florida locals can easily sign up for a BetMGM Sportsbook account and claim bonuses. Remember, Florida sports betting is not legal off of tribal land, so you'll need to be located in a state that has live and legal sports betting in order to actually place a wager. Follow the steps outlined below to create a BetMGM Sportsbook account.

1. ✅ Click "Register" on the BetMGM App or BetMGM website
2. ✅ Fill in a name, email, and date of birth
3. ✅ Enter an address and social security number
4. ✅ Upload identity verification documents
5. ✅ Use BetMGM Sportsbook bonus code STATEBONUSMGM

After setting up a new account, deposit at least $10 and place a cash wager to claim a BetMGM promo code for bonus bets to use on first wagers.

Get to Know BetMGM Florida: Sportsbook Review

The BetMGM Sportsbook in Florida will likely score high for online sports betting. User-friendly navigation makes for easy toggling between screens and casino gaming (available in certain states). BetMGM sports coverage casts a wide net on US and international major leagues, with a few holes in some niche markets.

Lines lag behind some competitors on release times and pricing. There will also be fewer BetMGM FL promo codes than some other online sportsbooks entering the market. However, the overall value on BetMGM Florida bonuses will make up for the shortage. Dive into all of these details in the rest of this BetMGM Florida review.

BetMGM Florida Betting Site Features

BetMGM Florida Sportsbook is geared up to deliver a sports betting experience that rivals the adrenaline rush of a championship game. These BetMGM online sportsbook features will take wagers to the next level.

Edit My Bet

Trade rigid bets for flexible line adjustments with "Edit My Bet." This game-changing tool gives sports bettors complete control to add, swap, or remove selections. There's even an option to raise the stakes for a shot at extra cash. Wagers with a "Cash Out" option will usually offer this feature.

Parlay Generator

Combining selections is a breeze with the BetMGM Parlay Generator. Enter an odds preference and let the Parlay Generator build a parlay from upcoming events. These parlays will default to 5 legs, but selections can be manually adjusted. Some users report lower quality on quick-pick parlays compared to creating a custom multi-leg wager.

Live Betting

Get into the game with BetMGM FL live betting. In-play selections span across major leagues and various international events. Active markets have action-packed schedules with real-time odds updates and game statistics. Add a BetMGM bonus code for the full gameday experience.

FanDuel is a competing online sportsbook that has a solid reputation for speedy updates on live betting options. Even with some occasional load time delays, BetMGM sports markets for in-game wagers cover more ground than most competitors.

Banking Options for BetMGM Florida Users

BetMGM Florida banking options are likely to align with those available in other states where this online sportsbook operates. Potential payment methods for deposits and withdrawals listed below may vary based on state regulations.

Deposit Methods

Minimum deposits at BetMGM Sportsbook start at $10. This amount could change for certain payment options or BetMGM Florida promotion requirements.

• 💳 Credit & Debit Cards
• 💳 Online Banking
• 💳 E-Wallets
• 💳 Play+ Prepaid Cards
• 💳 Wire Transfers
• 💳 PayNearMe

You can also deposit cash at a betting counter inside a Florida casino location.

Withdrawal Methods

BetMGM Sportsbook has a minimum withdrawal amount of $10 for most banking options. Maximum withdrawals are determined by the chosen payment method.

• 💳 Debit Cards
• 💳 Online Banking
• 💳 E-Wallets
• 💳 Play+ Prepaid Card
• 💳 Check

You can also withdraw cash at a betting counter inside a Florida casino location.

Deposit Time

Processing fund transfers with BetMGM Sportsbook will vary based on the chosen payment method and provider. These are the average BetMGM online betting deposit times.

• 💳 Debit Cards: 1-2 Days
• 💳 Online Banking: 2-4 Days
• 💳 E-Wallets: 24 Hours
• 💳 Play+ Prepaid Card: 24 Hours
• 💳 Check: 7-21 days

Cash deposits at a Florida casino location will take between 10-12 hours to appear in your BetMGM Sportsbook app account.

How Long Does a BetMGM Sportsbook Withdrawal Take?

BetMGM Sportsbook withdrawals may undergo a processing period of up to 5 days. Users will receive a notification when the internal review is complete. Once a withdrawal request is approved, funds can take 1-4 days to deposit (excluding checks). Some BetMGM Sportsbook bonus payouts may take longer, depending on rollover requirements.

Does BetMGM Sportsbook Cash Out Instantly?

While withdrawals can be quick, BetMGM Sportsbook does not cash out instantly. PayPal and Venmo are known for fast withdrawals. Prepaid cards are also a speedy option for receiving funds within 24 hours. Other payment methods may require a few days to complete the transaction, except for mailed checks that can take up to 21 days to arrive.

Can I Use CashApp at BetMGM Sportsbook?

No, CashApp is currently not accepted as a payment method for BetMGM Sportsbook.

Can I Use Paypal or Venmo BetMGM Sportsbook?

BetMGM Sportsbook offers PayPal and Venmo in most states. Once Florida sportsbooks are allowed to go live, you can log into BetMGM and select "deposit" to see which methods are available in Florida.

What Can I Bet on at BetMGM Online in Florida?

BetMGM sports coverage includes major U.S. and international leagues. Fans looking for more variety can dig into darts, table tennis, politics, and other niche markets. While specific betting markets are subject to state restrictions, here's a BetMGM Florida review of potential sports betting options.

Major Sports Markets

Florida is the home state for many of the top teams across professional sports, giving FL bettors plenty of options once sports betting comes online. In fact there are seven Florida-based pro teams across the Big Four sports.

• ⚾️ MLB Baseball: The Miami Marlins are the only pro baseball team in Florida.
• 🏀 NBA Basketball: Florida is home to the 2022-23 Eastern Conference champion Miami Heat and the Orlando Magic.
• 🏈 NFL Football: Three NFL teams call Florida home, including the Miami Dolphins, the Tampa Bay Buccaneers and the Jacksonville Jaguars.
• 🏒 NHL Hockey: The Florida Panthers, 2022-23 Eastern Conference champs, represent the Sunshine State in hockey,
• 🐎 Horse Racing: Florida hosts several prominent horse racing events, including some that factor heavily into Kentucky Derby odds. Racebooks and horse betting is currently live in Florida.
• ⚽️ MLS Soccer: Inter Miami FC is the future home of legend Lionel Messi, who just signed with the team in June. Orlando City is also based in FL.

Other Sports Betting Markets

NCAA leagues may extend this list when Florida sports betting is approved. College sports fans could get BetMGM Florida Sportsbook bonuses for popular tournaments like March Madness or College Football Playoffs.

• 🏈 Aussie Rules Football
• 🥊 Boxing/MMA
• 🏏 Cricket
• 🚲 Cycling
• 🎯 Darts
• ⛳️ Golf
• 🤾 Handball
• 🥍 Lacrosse
• 🏎️ Motorsports
• 🏉 Rugby League & Rugby Union
• 🎱 Snooker
• 🏓 Table Tennis
• 🎾 Tennis
• 🏐 Volleyball
• 🤽 Water Polo
• ⛷️ Winter Sports

Popular Bet Types Available at BetMGM Florida

BetMGM Sportsbook online betting options can fit every wagering style. Players can stick to straight bets or get creative with prop betting and alternate lines on halves, quarters, or periods. Here are a few of the most popular ways to bet online with BetMGM Florida.

• ⭐️ Moneyline Bets: This is one of the easiest ways of enjoying sports betting: Which of the two sides in a game do you think will win? The favorite's odds will appear with a minus sign, such as -150; this is how much you would need to stake to win $100. The outsider's will appear with a plus, like +150. This is how much you win if you stake $100.
• ⭐️ Point Spreads: This is a way of backing favorites at better odds than the moneyline. But they will have to win by a certain amount, as decided by the sportsbook. The operator gives one side a start of a number of points. If you back the favorite to win by more than that amount and they do, you have "covered the spread" and get a return.
• ⭐️ Totals: This is also known as over-unders. The sportsbook nominates a certain number of times it thinks a particular outcome will happen, like if the Jaguars will score 30 points in a match. If you think they will get more, you go with the "over" price; if fewer, then the "under" is the option for you.
• ⭐️ Futures: As well as being able to wager on games about to happen, you can also place long-term wagers on events that may not be settled for weeks, months or years. If you believe you know in May who will win the World Series in October, you will be able to place a wager on your choice.
• ⭐️ Parlays: If you think you have spotted the winners of more than one game, you can combine them in a parlay. But all your selections have to win for you to pick up a generous return. Increasing numbers of sportsbooks now offer same-game parlays, so that you can construct a bet from a series of props in a single event.
• ⭐️ Prop Bets: Proposition bets relate to particular outcomes within a game. It could be the total number of points by a team or player, the scorer of the first touchdown or goal, or the result of the first period. This increases hugely the number of ways in which you can bet on a sports match.
• ⭐️ Round Robins: A Round Robin is a type of bet that allows you to create a smaller series of parlays from a larger list of teams and players.
• ⭐️ Teasers: In this type of parlay bet, you can change the point spread for a game, making the bet easier to win. In exchange, the sportsbook will lower the payout due if you win.

Software at BetMGM Florida

BetMGM Sportsbook operates on proprietary sports betting software. Leveraging an in-house tech stack can help overcome common limitations seen with third-party providers. This approach generally minimizes lag times and prevents crashes during periods of high server demand. 

Betgenius software integrations run the parlay builder and generator, providing players with over 400 advanced betting options. 

Stay Safe at the Florida BetMGM Sportsbook

Backed by MGM Resorts International, BetMGM Florida will use superior firewall technology and VeriSign SSL encryption to safeguard private data. Bank-level security protocols protect financial information and transactions from unauthorized access. 

How to Contact BetMGM Sportsbook in Florida

Bettors will be able to contact BetMGM Sportsbook customer support in Florida via live chat, phone, and email. Additionally, users can visit the "Help & Contact" section for other resources and sports betting guides.

• 🗣️ Live Chat: 24/7
• 📱 Twitter: @BetMGMSupport
• 📱 Facebook: @betmgm
• 📱 Instagram: @betmgm

BetMGM Florida Sportsbook vs Other Sportsbooks in Florida

BetMGM FL keeps pace on competitive odds, sports variety, and market density. There are two key areas that deserve a spot on the highlights reel alongside BetMGM FL bonus codes.

• ⭐️ Parlay Generator: Creating parlays in seconds adds another extra value beyond pre-set and custom parlays
• ⭐️ Best Editing: Bettors get the upper hand with options to add, swap, or remove selections from active bets

FanDuel Sportsbook in Florida will likely put up a good fight for online sports betting, but it can’t compete with BetMGM Sportsbook on the value of editing active bets and generating same game parlays.

Pros & Cons of BetMGM Online

Responsible Gambling at BetMGM Florida

BetMGM Florida takes responsible gambling seriously to promote a safe and balanced online sports betting experience. The 'Responsible Gaming' section has tips to manage online gambling, information about problem gambling, and resources for help with a gambling problem. 

Players can also set limits for deposits, losses, and on-site time. These adjustable controls have daily, weekly, and monthly limits. Alternatively, players can choose to block account access for 3-180 days or indefinitely. 

Florida residents can seek support for a gambling problem from the Florida Council on Compulsive Gambling and the National Council on Problem Gambling (NCPG).

Our Final Conclusion of this Florida BetMGM Sportsbook Review

BetMGM Sportsbook Florida will be in a league of its own for building parlays and editing bets. However, we do have to dock a few points for pricey lines. Most markets meet the standard for "competitive odds" but fall short on favorable lines compared to rivals. 

BetMGM odds usually carry an average edge of 4.74 for straight bets on major leagues and college sports, with minor fluctuations for each bet type. For example, BetMGM NFL moneylines come in at 4.79 compared to 4.06 at Caesars Sportsbook.

Despite some minor setbacks, BetMGM Florida is expected to pull some aggressive plays for market shares when the Sunshine State opens up legal online betting. Save this BetMGM Florida Sportsbook review for updates on every potential BetMGM bonus Florida will be launching.