Sportsbook Comparison 2026

BetMGM vs DraftKings

BetMGM has the biggest welcome bonus and best casino. DraftKings has the best props and parlays. Here's which one is right for you.

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

MGM
BetMGM
Rating: 91/100 · Biggest Bonus

Up to $1,500 first-bet insurance with code SBRMGM. Best casino game library. MGM Rewards for hotels and dining worldwide.

Best for
Biggest bonus · Casino · MGM Rewards members
Claim $1,500 at BetMGM →
DK
DraftKings
Rating: 94/100 · Best Props

Bet $5, Get Bet $5, Get $300 in Bonus Bets. Best prop bet variety and SGP builder. Full daily fantasy platform. $1,000 deposit match.

Best for
Props · Guaranteed bonus · DFS players
Claim $200 at DraftKings →

Side-by-Side Comparison

FeatureBetMGMDraftKings
Max welcome bonus$1,500 insurance$1,200 total
Guaranteed bonus?Only if bet loses✓ $200 win or lose
Promo code neededSBRMGMNo code needed
Casino quality★★★★★ Best★★★★☆ Good
MGM hotel rewards✓ Full MGM Rewards✗
Prop bet variety★★★☆☆ Average★★★★★ Best
Same-game parlays★★★☆☆ Average★★★★★ Best
Daily fantasy (DFS)✗ None✓ Full platform
Available states28+25+
iOS app rating4.7★4.8★

Frequently Asked Questions

BetMGM is better for casino and the biggest bonus value. DraftKings is better for props, parlays, and DFS. The smart move is claiming both — over $1,700 in combined welcome bonuses.
BetMGM's $1,500 first-bet insurance is the higher dollar value. But DraftKings' $200 is guaranteed — you get it whether your first bet wins or loses. BetMGM only pays the insurance if you lose your first bet.
PLAYBONUS unlocks BetMGM's maximum $1,500 first-bet insurance. Enter it during signup. Place your first bet — if it loses, you get up to $1,500 back in bonus bets. If it wins, you keep the winnings. The insurance only applies if you lose.
DraftKings generally offers better odds, especially on player props and parlays. Both post standard -110 on spreads. For the best NFL odds in the market, FanDuel leads — another reason to have multiple sportsbook accounts.
No. BetMGM focuses on sportsbook and casino — it doesn't offer DFS. DraftKings and FanDuel are the market leaders for daily fantasy. If DFS is important to you, DraftKings is the better choice.

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 Promo
BetMGM Bonus Code

Claim Both — $1,700+ in Combined Bonuses

BetMGM: Up to $1,500 first-bet insurance (code SBRMGM). DraftKings: Bet $5, Get $300 in Bonus Bets on $5 bet. Sign up for both for maximum value.

BetMGM $1,500 — Code SBRMGM → DraftKings Bet $5, Get $300 in Bonus Bets →

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