General Sports Book Rules
1. We reserve the right to refuse any wager prior to its acceptance.
2. We will determine minimum and maximum wager amounts per patron on all events to include all periods, segments, propositions, and future book wagers. Maximum payouts limits shall only be established through limiting the amount wagered and cannot be applied to reduce a winning wager amount.
3. The BetMGM Sports App displays real time lines, current odds, and potential payouts when placing wagers. Patrons will be prompted with a confirmation message that selections are correct prior to the selection of the ‘place wagers’ button. Line change notifications may occur at any time during the wager placement process. The system by default accepts more favorable odds and the player must acknowledge or decline any less favorable odds changes. This setting can be adjusted by the player to accept all odds changes for fastest play or remain on the system default of accepting more favorable odds.
4. For mobile wagers, if a patron made an inadvertent bet in patron's account due to an error (e.g., inadvertent multiple identical bets), patron must inform Us within 15 minutes of placement for Us to consider appropriate adjustments to be made to your
5. Wagers accepted will not be able to be changed or voided by the player upon confirmation of the successfully placed
6. We reserves the right to add, change or delete the payout ratio limits.
7. There are no player-initiated voids of any wager after the event has
8. Wagers may be accepted at terms other than those displayed within the main sports book rules or individual sports wagering rules. Specific stipulations will be displayed within the inventory section of an event
9. We reserve the right to add, change or delete the Sports Book House Wagering Rules, subject to regulatory approval.
10. We will not accept the past posting of wagers or wagers on an event where the outcome is already known. In such cases, We may, with prior approval from the Nevada Gaming Control Board, void the wager.
11. We will accept wagers on currently posted terms unless otherwise posted.
12. Management will maintain a record of all point spreads, odds, race results, final scores and related betting proposition statistics and outcomes in case of obvious mechanical or human
13. We will not knowingly accept wagers from any person who is prohibited from engaging in sports wagering activities, including:
- Any individuals who have been banned from gaming activities at any MGM Resorts International subsidiary or affiliate, or who have been prohibited from gaming pursuant to any applicable Laws, including individuals who have been “self-limited” or listed on any self-exclusion, disassociated persons, or similar list in any state;
- Employees of MGM Resorts International, and employees of their subsidiary and affiliated companies who have administrative or privileged access to the Our sports betting software applications;
- “Prohibited persons” that are government officials or residents of certain embargoed countries and/or whose names are included on the U.S. Treasury Department's list of Specially Designated Nationals or the U.S. Department of Commerce Denied Person’s List or Entity List or successor or similar lists;
- Persons who are under the age of 21;
- Coaches, athletic trainers, officials, players, or other individuals who participate in the specific authorized sporting event in which they are directly involved in, in which wagers may be accepted;
- Persons who are employed in a position with direct involvement with coaches, players, athletic trainers, officials, athletes or participants in the specific authorized sporting event in which they are directly involved in, in which wagers may be accepted; and
- An individual who is excluded from wagering for other good cause, including but not limited to, an attempt to place a wager as an agent or a proxy on behalf of another for compensation (i.e., messenger betting).You may not attempt to create an Account if you are an Unauthorized Person or assist other Unauthorized Persons to use the BetMGM Sports App.
14. Wagering Account holders are encouraged to contact Customer Care for additional wagering information, questions, and complaints of any such nature. We will investigate any issue and provide a timely response.
15. Canceled events that have either not started or have not met the minimum length for an event to be official will result in straight wagers being refunded. Parlays that involve a canceled event will reduce to the next lowest number of selections.
16. We assume absolute responsibility for paying the .25% Federal Excise Tax on sports wagers.
Chargebacks
If your account is overdrawn due to a chargeback, BetMGM reserves the right to lock your account.
At that time, BetMGM will notify you of the chargeback, including your transaction details.
The card related to your chargeback will also be blocked for use and any available funds in your account will be automatically collected.
You have the right to repay the outstanding amount by making a new deposit. Once repayment is confirmed by BetMGM and the funds are collected, your account status will be adjusted accordingly.
If the chargeback is not resolved, your account will remain locked.
Re-settlement
Markets are generally settled shortly after the end of the event in question. BetMGM may settle (or partially settle) some markets before the official result is declared purely as a customer care benefit. However, BetMGM reserves the right to amend the settlement of the market if:
- The official result is different than the result on which BetMGM initially settled the market; or
- The whole market is eventually cancelled (e.g., for an incomplete or abandoned event).
BetMGM reserves the right to reverse the settlement of a market if a market is settled in error. BetMGM reserves the right to take any necessary action, without prior notice and within reasonable limits, to adjust any inaccuracy in a customer’s account due to a settlement error, including through the reversal, amendment, or cancellation, of any subsequent transaction.
As a result of a market resettlement, BetMGM may amend an account balance and/or deduct funds from a customer’s account.
BetMGM reserves the right to reverse the settlement of, and take necessary action to correct, a customer-initiated Cash Out of a wager that was affected by a technical, pricing, or settlement error at any time between the original placement of the wager and the Cash Out. That necessary action may include, but is not limited to, resettling the impacted wager at a value that would reflect the proper Cash Out value.