BetMGM vs Fanatics Sportsbook
A direct comparison of two Colorado-licensed sportsbooks. Both operators are regulated by the Colorado Division of Gaming.
BetMGM
★★★★☆Fanatics Sportsbook
★★★★☆Head-to-head comparison
| Attribute | BetMGM | Fanatics Sportsbook |
|---|---|---|
| Overall rating | 4.7/5 | 4.5/5 |
| Welcome bonus | Up to $1,500 Back | Bet $5, Get $200 FanCash |
| Bonus condition | If first bet loses | Or $1,000 matched in FanCash |
| Promo code | BETINCO | No code required; use links |
| Minimum deposit | $10 | $5 |
| Withdrawal speed | 24-72 hrs | 24-72 hrs |
| App rating | 4.7 ★ | 4.8 ★ |
| Launched in CO | May 2020 | 2023 (acquired PointsBet US assets) |
| Retail partner | The Lodge Casino, Black Hawk | Inherited via PointsBet |
| Payment methods | Online Banking, Debit Card, PayPal, Skrill, Play+ Card | Online Banking, Debit Card, PayPal, Apple Pay |
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
Fanatics Sportsbook pros
- 1% FanCash on every bet redeemable at fanatics.com
- Highly-rated app among new releases
- Frequent boosted odds for jersey-day promos
Fanatics Sportsbook cons
- Smaller live-betting menu than market leaders
- Withdrawal options narrower than DraftKings or FanDuel
Verdict
Across our scoring rubric, BetMGM edges Fanatics Sportsbook with a 4.7/5 rating versus 4.5/5. 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.
Bettors prioritizing low minimums should note Fanatics Sportsbook accepts $5 deposits versus $10 at the alternative.
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.