Sportsbook Comparison 2026

DraftKings vs BetMGM

DraftKings leads on sports betting features. BetMGM leads on bonus size and casino. Here's exactly who should use which.

Last updated: 2026-04-29 · 21+ only · Gambling problem? Gamble Responsibly | 1-800-522-4700

DK
DraftKings
Rating: 94/100 · Best Props

Best prop variety and same-game parlays. Bet $5, Get Bet $5, Get $300 in Bonus Bets. $1,000 deposit match. Strongest DFS platform in the country.

Best for
Props · SGPs · DFS · Guaranteed $200
Claim $200 at DraftKings →
MGM
BetMGM
Rating: 91/100 · Biggest Bonus

Biggest welcome bonus ($1,500 first-bet insurance). Best casino+sportsbook combo. MGM Rewards for hotel and dining. Use code SBRMGM.

Best for
Big bonus · Casino · MGM Rewards
Claim $1,500 at BetMGM →

Side-by-Side Comparison

FeatureDraftKingsBetMGM
Welcome bonusBet $5 → $200 + $1K match$1,500 first-bet insurance
Bonus guaranteed?✓ $200 win or loseOnly if you lose
Max bonus value$1,200 (deposit match)$1,500
Prop bet variety★★★★★★★★☆☆
Same-game parlays★★★★★★★★☆☆
Casino quality★★★★☆ Good★★★★★ Best
Loyalty rewardsDK Crown rewardsMGM Rewards (hotels/dining)
Daily fantasy (DFS)✓ Full platform✗ No DFS
Available states25+28+
iOS app rating4.8★4.7★

Choose DraftKings if…

  • ✓ You want the deepest prop bets and best SGP builder
  • ✓ You want Bet $5, Get $300 in Bonus Bets on your first bet regardless of outcome
  • ✓ You play daily fantasy sports (DFS)
  • ✓ You prioritize app experience and live betting features
Get DraftKings →

Choose BetMGM if…

  • ✓ You want the largest welcome bonus ($1,500 insurance)
  • ✓ You want casino + sportsbook in one premium app
  • ✓ You visit MGM hotels/casinos and want to earn Rewards
  • ✓ You're in a state where DraftKings isn't available
Get BetMGM →

Frequently Asked Questions

DraftKings is better for sports bettors focused on props and parlays. BetMGM is better for casino players and those who want the biggest welcome bonus. Sign up for both to claim over $1,700 in combined welcome offers.
BetMGM offers up to $1,500 in first-bet insurance — higher in raw dollar value. But DraftKings' $200 is guaranteed regardless of outcome. If your first bet wins at BetMGM, you get no bonus. At DraftKings, you get $200 no matter what.
DraftKings generally has better odds than BetMGM, especially on player props and same-game parlays. Both post standard -110 on spreads. For the absolute best odds, FanDuel is the leader — another reason to have multiple sportsbook accounts.
BetMGM Casino is clearly better — larger game library, more live dealer tables, and MGM Rewards you can redeem at MGM properties. DraftKings Casino is solid but can't match BetMGM's casino pedigree.
Yes. Each sportsbook's welcome bonus is independent — one per person per book. Signing up at both gives you DraftKings' Bet $5, Get $250 in Bonus Bets plus BetMGM's $1,500 first-bet insurance. That's over $1,700 in combined welcome value.

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 Promo
DraftKings Promo Code

Claim Both — $1,700+ in Combined Bonuses

DraftKings: Bet $5, Get Bet $5, Get $300 in Bonus Bets. BetMGM: Up to $1,500 first-bet insurance. Sign up for both and claim over $1,700 in welcome offers.

DraftKings Bet $5, Get $300 in Bonus Bets → BetMGM $1,500 Insurance →

21+ only. Legal states only. Gambling problem? 1-800-522-4700.