Disclaimer: BetMGM Horse Racing is not yet online in Pennsylvania. This review is speculative based on what we know so far and will be updated when BetMGM Racebook launches in PA.
BetMGM has become one of the leading online bookmakers, poker providers and casino companies in the US since partnering with Entain (formerly GVC Holdings). This push to become top dog in the digital world has led to a partnership with the New York Racing Association’s NYRA Bets.
This deal opened the door to the sport of kings in 2021 and led to the creation of BetMGM Racing. The app, like its stablemates within the BetMGM empire, is vying to become royalty within the US racing world. This BetMGM Racing review will give you a taste of what to expect when you download the horse race betting app.
Reasons to choose the BetMGM Horse Racing app
- Access to races from over 200 tracks.
- Odds on major US and international races.
- Part of BetMGM’s online empire.
- Live racing streams and video replays.
BetMGM Racing sign-up bonus
We can’t say for certain what BetMGM Racing’s welcome bonus will be. However, we can look at BetMGM Sportsbook for some ideas. When you join the online sportsbook in Pennsylvania and use the code PLAYBONUS, you qualify for a risk-free bet for up to $1,000. That’s a solid promotion, so BetMGM Racing may elect to offer the same deal or something similar.
Another thing we can speculate on is the type of insurance you’ll receive on a potential risk-free bet. The BetMGM Racing app is all about horse racing. Therefore, the bonus is almost certainly going to cover the sport of kings and, potentially, an outright win bet with minimum odds. For those who don’t know, win bets are wagers where you have to predict the winner of a race.
Again, we can’t say for certain, but the best horse betting bonuses typically cover this type of wager. And, moreover, the terms and conditions may specify some minimum odds for your opening bet.
BetMGM Racing PA promo code for 2023
|Online Racebook||BetMGM Racebook PA|
|Risk Free Bet||TBD|
|Last Updated||June 2023|
BetMGM Racing rewards program
BetMGM already has some ways that it rewards loyalty. Regardless of whether you bet on poker, casino games, sports or horse racing, your bets don’t go unnoticed. For example, at BetMGM Sportsbook, you can get a $10 bonus every week when you make $50 worth of qualifying bets. And in addition, the M life Rewards program comes into effect.
This loyalty program covers all of MGM’s wagering options. From its bricks and mortar casinos to its online assets, this program gives customers something extra. As such, we expect M life Rewards to be available for BetMGM Racing users. On the sportsbook, you can earn nine iRewards Points for straight sports bets totaling $50, and 12.5 iRPs for parlays totaling $50.
These iRPs also come with tier credits that help you move up the loyalty ladder and unlock extra rewards. Moving up in levels also gives you the ability to receive more iRPs for less wagering. In other words, you get point multipliers at each new level.
This means you actually end up getting more value if you’re more active. Once you’ve built up a sufficient number of iRPs, you can exchange them for free bets.
Signing up at BetMGM Horse Racing
You can register with BetMGM Racing by following these simple steps:
- Head to the BetMGM racing site to create an account. Note: You must be 21 or older and located in a state where BetMGM Racing is legal.
- Input your personal details and the bonus code, if required.
- Verify your account via the link sent to you by email (if prompted).
- Once you’ve created your account, log in via your PC. Alternatively, you can download the app for iOS or Android.
- Make a deposit and get ready to place some bets.
BetMGM Racing software
BetMGM is the result of a collaboration between MGM Resorts and GVC Holdings (now known as Entain). A joint investment of more than $200 million led to the creation of Roar Digital (now BetMGM), which, in turn, powers various online sports betting apps, casinos and poker sites across the US. The consumer-facing brand is also known as BetMGM, but they’re built on the foundations of Entain technology.
This software provider is an international powerhouse. As well as working with MGM Resorts, Entain is the company behind major brands such as Partypoker, Sportingbet, Coral and Ladbrokes. Put simply, Entain has decades of experience in the online betting business. That means the BetMGM Racing app is not only slick and secure but extremely efficient. From the one-touch betting to icons that provide some visual context to a variety of technical terms, this really is a world-class app.
Of course, to offer horse betting in the US, MGM and Entain needed help. That’s where NYRA Bets comes in. ROAR Digital/BetMGM partnered with the New York-based betting company in May 2021. This link means BetMGM is now able to offer bets for international horse races.
NYRA launched in 2016 as an advance deposit wagering service. In simple terms, it can only accept bets from customers who have money in their accounts. This type of horse racing service was initially made legal in Illinois in 1999. From there, New York and Pennsylvania legalized ADW operators. Today, more than 30 states allowed ADW betting, which means NYRA is active across a large part of the US.
This will allow BetMGM to offer its services in states where it is already licensed and, potentially, some where it isn’t. More specifically, it means the racing app from BetMGM can offer odds on events from more than 200 international tracks.
What’s more, there may be crossover opportunities. NYRA partnered with the lottery site Jackpocket in May 2021. The deal is based on cross promotions and sponsorship opportunities, which may be something BetMGM can tap into.
BetMGM Horse Racing app review
The BetMGM Racing app is available for iOS and Android devices with all of the features you would expect. You can use the “favorite” button to save certain bets and races to your account. We love favoriting tools because they not only give you easy access to the things you most enjoy, but they allow you to customize your experience. Every online racebook has its own vibe. However, by using BetMGM’s favorite feature, you can put your own stamp on things.
As well as your favorites, BetMGM offers horse racing tips and statistics. The BetMGM blog provides race previews, reviews, results and tips. Alongside subjective info, you can get objective facts about horses and riders, including their wins, losses, weight and form. Therefore, if you like to be an informed racing bettor, the BetMGM app has you covered.
The final string to this app’s bow is live racing streams. The NYRA offers streams and video replays for hundreds of races each month. That means you can download BetMGM Racing and watch racing action from around the world. The one caveat here is that you have to bet on a race to activate the stream. However, that also means you’re invested in the action and can potentially get more enjoyment as it plays out in real time.
Betting options at BetMGM Racing
The partnership with NYRA gives BetMGM Racing access to events from over 200 tracks, from the biggest venues in the US to the best of what Europe, Asia and the Middle East have to offer. Here are some of the big races to look out for when you join BetMGM Racing:
- Kentucky Derby
- Belmont Stakes
- Preakness Stakes
- Royal Ascot
- Grand National
- Melbourne Cup
- Dubai World Cup
It’s impossible to cover so many races and not offer a bevy of betting options. You can be as general or specific as you like with your horse racing bets on this app. Outright win bets are the most popular option. A close second are “place” or “show” bets, where you’re picking a horse that could finish in second (or better) or third (or better).
From there, you get into multiples, parlays and exotics:
- Exacta: You have to pick the first two finishers in a single race. Your picks have to finish in the exact order you specify.
- Trifecta: You have to pick the first three finishers in a single race. Your picks have to finish in the exact order you specify.
- Superfecta: You have to pick the first four finishers in a single race. Your picks have to finish in the exact order you specify.
- Pick 3, Pick 4, Pick 5, Pick 6: You have to pick the winners of three, four, five or six separate races.
BetMGM Racebook banking options
BetMGM Racing is safe by virtue of using the latest security protocols and being a regulated betting site. By Pennsylvanian state law, the racebook has to offer secure payment processing options. Moreover, it has to store your money in protected, sequestered bank accounts.
You can make deposits from as little as $10 and the minimum withdrawal is $20. Deposits process instantly, and withdrawals will receive authorization within 24 to 48 hours. That means you should receive your winnings within one to five days, depending on the payment method you use.
BetMGM Racing payment methods
- VIP Preferred e-check
- Electronic transfers
- M life Rewards MasterCard
- Online banking
Contacting BetMGM Horse Racing
There is help and support whenever you need it at BetMGM Racing. As a responsible racebook, it offers a variety of tools to help you stay on top of your betting habits. These include deposit and betting limits, as well as timeouts.
You can also use the BetMGM FAQ to seek answers to a variety of common issues. We really like the FAQ because it takes you through topics in a granular, step-by-step way. Finally, if you can’t find the answer you’re looking for, you can contact a member of the BetMGM Racing support team via email ([email protected]).
That’s just about everything you need to know for now. BetMGM Racing is bidding to become one of the main sportsbooks for fans of horse racing. Regardless of whether you want to make high stakes single bets or outlandish exotic wagers, watch live racing streams or try a risk-free bonus, this app likely has what you need.