Disclaimer: BetMGM Racebook Maryland has yet to launch. This review is based on BetMGM Racebook elsewhere and will update when the app goes live here. In the meantime, you can bet with TVG today.
When BetMGM partnered with the New York Racing Association’s NYRA Bets in 2021, it added another arrow to its already impressive quiver. It means BetMGM Horse Racing will be able to offer odds on top-class races from over 200 tracks, including Churchill Downs, Ascot, and Del Mar.
With licenses in three states and more to come, BetMGM Racebook is rapidly expanding its reach. And with new customers getting up to $200, live racing streams, and expert tips, it already has a lot to offer. To learn more, read our full BetMGM Racebook review below.
Why choose BetMGM Horse Racing?
- Bet on horse races from over 200 tracks.
- Live streams and video replays.
- Competitive odds.
- Betting tips and past performance data.
BetMGM Horse Racing rating
- Bonus: 3/5
- App: 4/5
- Support: 4/5
- Overall: 3.6
BetMGM Horse Racing bonus code Maryland 2023
New customers can get a deposit bonus of 100% up to $200 when they join BetMGM Racebook. Don’t forget to join using the BetMGM Horse Racing promo code if one is available.
|Online Racebook||BetMGM Racebook Maryland|
|BetMGM Horse Racing Bonus Code||TBD|
|BetMGM Racebook Deposit Bonus||100% up to $200|
|Last Updated||February 2023|
BetMGM Maryland welcome bonus — the fine print!
To claim the bonus, you’ll need to deposit $10 or more and BetMGM Racebook will match it. For example, if you deposit $100, you’ll receive $100 in bonus cash. You can then use the bonus credits to bet on races from around the world. And, as long as you complete the necessary wagering requirements, any profit you make is yours to keep.
Can I trust BetMGM Horse Racing?
Yes. BetMGM Racebook’s digital siblings are BetMGM Sportsbook and BetMGM Casino. Those sites are legal in a variety of states, though the sportsbook is in more locations than the casino. Legal states include New Jersey, Michigan, New York, Iowa, Arizona, and multiple others.
The BetMGM Racebook app, meanwhile, is licensed for use in Florida, Ohio, and Louisiana. BetMGM will only launch BetMGM Racebook in states when it receives regulatory approval. Therefore, you know it’s received the approval of gambling authorities if it’s legal where you are.
Finally, BetMGM was a brand born out of a partnership between MGM Resorts International and Entain. The two work in unison under the Roar Digital banner, and they joined with the New York Racing Association’s app, NYRA Bets, in 2021.
How to create a BetMGM racebook account in Maryland
You need an account to claim the BetMGM Racebook welcome bonus and bet on races from over 200 tracks. Once the app becomes available in Maryland, you’ll be able to download it, create an account by providing some personal details (including the last four digits of your Social Security number), make a deposit, and start betting.
BetMGM Racebook Maryland promotions
You can view every BetMGM Racebook promotion inside the app. Just log in, go to the “promotions” page and you’ll see the following types of offers:
These promotions give you a matching bonus if you make a deposit. They’re similar to a first deposit bonus, except they’re available to existing customers.
The most common way to get added value at BetMGM is via free bet bonuses. For example, you may be able to receive a free bet for wagering on a specific race.
Also known as insurance or parlay insurance, these promos allow you to get money back on losing wagers. The refunds are usually capped. However, you can usually get around $10 to $25 back if you fall just short.
BetMGM Racebook will often boost the odds for a race. That means the promo team will move the betting line beyond what it normally would be so you can win more for a correct pick.
MGM Resorts International has a loyalty program known as M life, and your online bets can count toward your rewards, as well. The premise is simple: You get points each time you make a bet. The more points you accrue, the higher you’ll climb on the loyalty ladder.
Points improve your ranking and unlock bonuses. You can also convert them to free bets. Therefore, if you’re an active customer, you can get more for your time online.
BetMGM Racebook app review
There are several reasons to give the BetMGM Racebook app in Maryland a try. First, the app is available for iOS and Android devices and, based on the current ratings, it’s a four-star product.
From an aesthetic perspective, the interface is clean and simple. There isn’t too much going on with regard to page elements, which means you get a clear view of the day’s races and odds. In fact, the daily race schedule dominates the page.
You can use the menu button to call up a list of settings and options. You can also access additional features, such as live streams, from within a race card. This setup makes it extremely easy to find the races and horses you’re looking for. Could the app be a little sparse in places? Possibly. However, if you value efficiency and accessibility, it’s perfect.
In addition to offering slick software, the BetMGM Racebook stands out for these reasons:
Coverage of races from over 200 tracks
BetMGM Racebook offers competitive odds for events at over 200 tracks. From US tracks like Churchill Downs and Saratoga to international racing venues such as Ascot, Epsom, and Longchamp, it covers quite a variety. This means you can bet on every major race, including the Kentucky Derby, the Preakness Stakes, the Gold Cup, the Prix de l’Arc de Triomphe, and more.
Live streams and video replays
More and more US sportsbooks are incorporating live streams into their apps, but few offer as good a service as BetMGM Racebook. Customers can log in and watch live races from tracks around the world.
Not only that, you can watch replays from the previous races. Finally, you can watch horses in the paddock and parade ring.
TrackMaster tips and past performance data
You can get data-driven tips courtesy of TrackMaster. You can also buy past performance data (usually for less than $1.50 per race). These reports tell you everything about a horse, including its speed, form, results, and ROI (the amount it has returned to bettors).
Easy Bet Pad for fast betting
You can construct multiway and parlay bets with a few taps using the Easy Bet Pad. Basically, you can open a race card and add a horse to your bet slip with a single tap. You can add multiple selections in seconds before setting your wager and locking in the bet.
The Roar racing tips
The final feature of note is BetMGM’s sports betting blog, The Roar. This blog not only offers racing tips, roundups and results, but insights for dozens of sports, including football, basketball, and baseball.
How could the BetMGM Racebook app improve?
You may not like the fact that the BetMGM Racebook isn’t filled with boxouts and fancy animations. The design is slick but sparse. Of course, the counterargument here is that you won’t get lost in a matrix of options.
Another issue you might have with BetMGM Racebook is the fact it only focuses on horse racing. Of course, you can cross over to BetMGM Sportsbook if it’s available in your state. However, inside the racebook, it’s all about the sport of kings.
Finally, BetMGM Racebook is a little short on promotions. The company as a whole does run plenty of promos, but most of them focus on sports betting and casino gambling. Therefore, if we were to suggest just one improvement, it would be an increased focus on bonuses for racing fans.
Types of bets available at BetMGM Racebook
Horse racing is a sport where you can be general or specific with your predictions. You can also bet on races individually or combine multiple races into one bet. Whatever your preferences, you can make the following wagers, some for less than $1:
- Win (the outright winner of a race)
- Place (the horse will finish first or second)
- Show (the horse will finish first, second or third)
- Win/place (the horse can win or place)
- Win/show (the horse can win or show)
- Place/show (the horse can place or show)
- Win/place/show (the horse can win, place or show)
- Double (correctly pick the winner of two consecutive races)
- Pick Three (correctly pick the winner of three consecutive races)
- Pick Four (correctly pick the winner of four consecutive races)
- Pick Five (correctly pick the winner of five consecutive races)
- Pick Six (correctly pick the winner of six consecutive races)
- Exacta (pick the horses that will finish first and second in a race in the exact order)
- Trifecta (pick the horses that will finish first, second and third in the exact order)
- Superfecta (pick the horses that will finish first, second, third and fourth in the exact order)
How to deposit and cash out on the BetMGM Racebook app
All payments are secure, that’s a given. The minimum deposit at BetMGM is $10. On the way out, the minimum withdrawal is $20, and it can take up to five days to complete one. BetMGM’s security team does aim to authorize transactions in less time. However, it’s given itself longer than the industry average of 48 hours. So, again, this is an area for improvement. In terms of the ways you can pay, here are your options:
|Payment Type||Deposit||Withdrawal||Withdrawal Time|
|VIP Preferred||Yes||Yes||2-5 Days|
|In Person||No||Yes||Within 1 Hour|
How do I get help at BetMGM Racebook?
You can get help 24/7 at BetMGM through an FAQ and customer service agents via the following methods email and online live chat.
How do I exclude myself from BetMGM?
You can use BetMGM’s responsible gambling tools to take a timeout whenever you need it. Go to your account page, choose the self-exclusion option and set how long you want to restrict your access. This can be temporary or permanent. Additionally, you can set your own deposit and betting limits. These tools can help control your betting.
Can I bet with BetMGM Racebook in person?
Once the racebook launches in Maryland, you conceivably will be able to conduct business at MGM National Harbor Casino. As well as a gambling facility, MGM National Harbor has theaters, bars, and a hotel. It is located at 101 MGM National Ave., Oxon Hill, Maryland.
How does BetMGM compare to other Maryland online racebooks?
BetMGM’s main competitors in the racing world are TwinSpires Horse Racing and TVG Horse Racing. It’s fair to say that TwinSpires is the more experienced of the two because it’s owned by Churchill Downs. However, thanks to its partnerships, BetMGM has racing ties, as well. So, while TwinSpires might have the upper hand in some areas, it’s not a complete shutout.
BetMGM Racebook FAQ
Why should I choose BetMGM over an offshore site?
Offshore sportsbooks don’t fall under Maryland or US law. As such, your money is at risk if you use one. The only way to ensure you’re getting fair odds, guaranteed payouts, and legit service is to use a licensed sports betting site.
How do the odds at BetMGM Racebook compare to other racebooks?
BetMGM Racebook has odds that compare well to the best in the industry, including TwinSpires.
How do you withdraw money from BetMGM Racebook?
You can withdraw $20 or more via debit cards, PayPal, Play+, bank transfer, or in-person (only in certain states).