Side-by-Side
Bally Bet vs BetMGM
A direct comparison of two Colorado-licensed sportsbooks. Both operators are regulated by the Colorado Division of Gaming.
Option A
Bally Bet
★★★★☆Bet $50, Get $100
Regional Brand VS
Option B BetMGM
★★★★☆Up to $1,500 Back
Highest Bonus Head-to-head comparison
| Attribute | Bally Bet | BetMGM |
|---|---|---|
| Overall rating | 4.3/5 | 4.7/5 |
| Welcome bonus | Bet $50, Get $100 | Up to $1,500 Back |
| Bonus condition | In bonus bets | If first bet loses |
| Promo code | BETINCO | BETINCO |
| Minimum deposit | $10 | $10 |
| Withdrawal speed | 24-72 hrs | 24-72 hrs |
| App rating | 4.3 ★ | 4.7 ★ |
| Launched in CO | 2022 | May 2020 |
| Retail partner | Bally's Black Hawk | The Lodge Casino, Black Hawk |
| Payment methods | Online Banking, Debit Card, Play+ Card | Online Banking, Debit Card, PayPal, Skrill, Play+ Card |
Bally Bet pros
- Cross-property loyalty with Bally's casinos nationwide
- Improving app stability since 2024 redesign
- Reasonable promo cadence
Bally Bet cons
- Smaller live-bet and props menus
- Limited payment methods vs leaders
BetMGM pros
- Largest first-bet offer in Colorado
- Tier credits earn at MGM properties nationwide
- Strong parlay and One Game Parlay options
BetMGM cons
- Higher minimum deposit than DraftKings or FanDuel
- Live betting interface lags top competitors
Verdict
Across our scoring rubric, BetMGM edges Bally Bet with a 4.7/5 rating versus 4.3/5. BetMGM is the loyalty play in Colorado; every bet earns MGM Rewards Tier Credits redeemable at MGM resorts in Las Vegas, Detroit and elsewhere. The first-bet offer is one of the largest in the state, and the NFL market depth is strong, especially for Broncos and division games.
Best move: try both. Welcome offers are one-time, so claiming each operator's promo lets you compare apps with real money before settling in.
Must be 21+ and physically located in Colorado. Gambling problem? Call 1-800-GAMBLER or the Colorado Crisis Services line at 1-800-522-4700.