In just three weeks time, Yahoo Sports and BetMGM went from signing a working agreement to launching a sportsbook. To be more accurate, it is the odds comparison sports betting information app which allows sports fans compare betting odds in NFL, NHL, NBA, tennis, boxing, UFC, Olympics lines etc. But only that. As expected, New Jersey bettors will also be able to place their bets online (if they click through the odds) on BetMGM sportsbook website. Here is our betMGM review and bonus code info.
Here is our short Yahoo Sportsbook By BetMGM Review
Yahoo, the Sunnyvale, Calif.-based web services provider and news and information source owned by Verizon Media, combined with BetMGM, the wagering division of hospitality industry giant MGM Resorts International, to launch the Yahoo Sportsbook in New Jersey on Thursday.
The multiyear deal will see Verizon Media, MGM Resorts International and Roar Digital, a joint venture of BetMGM and sports betting platform provider GVC Holdings share in addtional betting options, live events and original content. As part of the agreement, MGM will distribute Yahoo Sports contract across all of its properties and platforms. The Yahoo will play host to several player participation events at MGM Resorts properties.
The deal is that Yahoo will be compensated based on how much traffic is driven from its app to place wagers at BetMGM.
Yahoo Sportsbook Promo and Bonus Offers
The good thing is that Yahoo sportsbook will offer the same bonus code offers and promotions as their partner betMGM sports in 2020.
First Deposit Bonus Description + Wager Terms
As an incentive to attract new customers, players making a $10 deposit to their account will receive $100 in free bets from BetMGM sportsbook. No promo code is required to take advantage of the Yahoo Sportsbook first deposit bonus.
Promo Code for the Sports Bet App by BetMGM
|No Deposit Bonus||$25 FREE PLAY BONUS|
|Match Bonus||$1000 on 1st Deposit|
|Yahoo Sportsbook Promo Terms||NJ, 21+, via betMGM bet app|
Sports betting giants partner with media giants in USA
This is what I call a new 2020 way of co-opetition between a sports betting platform and a news media. The trends show 2 things. Firstly, in the USA betting companies will either partner with established media corporations to get engaged traffic that can be easily conferted into depositors. Second trend shows that media companies will become sportsbooks themselves (why to pay affiliates and other patrners). Example? TheScore bet app.
So, the deal that I managed to secure between NJ.COM and an affiliate company Better Collective was only possible a year ago. I am sure NJ.COM now would rather partner with a sporstbook or start taking online bets on their own platform.
Yahoo Sportsbook Betting App
Yahoo Sports Bet App Legal States
Although odds on sporting events will be available for everyone to peruse via the Yahoo sports bet app, sadly, only New Jersey residents of legal age will be able to click through and place a wager on these events. Free, no-money games will be offered to those in states other than New Jersey.
The long-term plan is to make sports betting via the Yahoo app available in other legal states when BetMGM has a presence. Currently, 19 U.S. states have legalized sports betting.
How to Open an Account: Step-By-Step
To create a sports betting account with Bet MGM, select Create Account at the BetMGM website and then fill out the required information on the online registration form.
You’ll have to provide your first and last name, email, date of birth, account name and password, social security number, phone number, and address. You will also need to create two security questions. Please remember your security questions and answers as you may need them in the future if you forget your password.
All information must be validated before an account can be activated.
Players not based in New Jersey can still view all of the odds at the Yahoo Sports fantasy platform. New Jersey residents will be prompted to click through from the Yahoo platform to the BetMGM sportsbook in order to place a wager.
The two sides in this deal have also reached a multi-year agreement with Buffalo Wild Wings that will eventually see the Yahoo sportsbook links on television in the restaurants.
Industry insiders were intrigued to see what would come of the deal between Yahoo and BetMGM. We think this deal has the potential to be a game changer on the American legal sports betting landscape. Hopefully, this agreement will enable BetMGM to make an even larger impact in the New Jersey sports betting market.
It’s a great way to expose a new audience to the option of sports betting while still allowing those who aren’t interested in wagering on games to have unfettered access to the sports info they seek.
Yahoo offers an extensive fantasy sports platform. Verizon reports that Yahoo Sports has a monthly audience of 60 million U.S. users, and Yahoo Fantasy Football users spend approximately 9 billion minutes on the platform annually.
All of the major sports – NHL, NFL, NBA, MLB, NCAA basketball and football – are available for wagering through the Yahoo Sportsbook.
As well, you can bet on ATP and WTA tennis, PGA and LPGA golf, rugby union, international and MLS soccer, Formula 1, NASCAR and IndyCar racing, Aussie Rules, boxing, MMA and cricket.
Betting Types Offered
Straight bets such as moneylines, totals, and point spreads are offered at the Yahoo Sportsbook. When you click through to the BetMGM site, you’ll also find a rich menu of prop wagers, future books and live betting options.
You can also visit Sports.Yahoo.com to get started.
Available deposit options when you click through the Yahoo sportsbook to the BetMGM site include ECheck/ACH, PayPal, the BetMGM prepaid card, bank transfer, PayNearMe, Visa or MasterCard, and Skrill. Or customers and go in person and deposit cash at the Borgata Casino cashier.
You can use all except Visa, MasterCard and bank transfer to make withdrawals. You will be able to withdraw money from your account via check by mail.
Yahoo support is available 24/7 by calling 800-305-7664. There’s also a lengthy list of FAQs accessible on the Yahoo website.