Insights into MGM Grand Las Vegas Betting Lines

Sports Book

The MGM Grand Las Vegas sportsbook offers a state-of-the-art betting experience with over 60 TVs and a betting desk staffed with knowledgeable professionals. In 2019, the MGM Grand took in $44 million in sports betting revenue, ranking it fourth among Las Vegas sportsbooks. The maximum bet allowed at the MGM Grand is $10,000 for NFL games and $5,000 for other sports. The sportsbook also offers mobile betting through its PlayMGM app. With its prime location on the Las Vegas strip and impressive betting options, the MGM Grand sportsbook is a popular destination for sports bettors.

Race & Sports Book

In the MGM Grand Las Vegas’ Race & Sports Book, patrons have access to various betting lines for a multitude of sports and events. As of 2021, the sportsbook has a maximum bet limit of $10,000 for NBA games and $20,000 for NFL games. According to the Nevada Gaming Control Board, in the month of March 2021, sportsbooks in the state of Nevada generated $640.7 million in sports wagers alone. Additionally, the American Gaming Association predicts that by 2023, up to 38 states will have legalized sports betting, leading to a potential $6 billion industry.

Sports Betting

According to the latest statistics, the MGM Grand Las Vegas is a popular destination for sports betting enthusiasts, offering a wide range of betting lines and options. In fact, the MGM Grand is one of the largest sportsbooks in the state of Nevada, attracting thousands of visitors each year. Some of the most popular sports to bet on at the MGM Grand include football, basketball, and boxing, with millions of dollars changing hands each week. With its prime location on the Las Vegas Strip, the MGM Grand is the perfect place for sports fans to place their bets and enjoy top-notch entertainment.

BetMGM

BetMGM is a popular sports betting and online gaming platform operated by MGM Resorts International. The platform offers a variety of sports betting options for users, including NFL, NBA, NHL, MLB, NCAA, and more. Some of the most popular betting lines at MGM Grand Las Vegas include the Moneyline, Point Spread, and Over/Under. BetMGM also offers in-play betting, allowing users to place bets during the course of a game or event. According to publicly accessible statistics, BetMGM has seen a surge in popularity in recent years, with a 38.9% increase in sports betting revenue in the fourth quarter of 2020 compared to the same period in 2019.

 

BetMGM App

According to data from the Nevada Gaming Control Board, MGM Resorts’ sports betting app, BetMGM, has experienced a steady increase in handle and revenue since launching in 2017. In 2019, BetMGM had a handle of $307.29 million and generated $20.7 million in revenue, a significant increase from the previous year. The app offers a variety of betting options, including in-game betting, prop bets, and parlay wagers, and allows users to place bets from anywhere within the state of Nevada. MGM Grand Las Vegas, one of MGM Resorts’ flagship properties, offers a wide range of sports betting options for guests, with the BetMGM app serving as a convenient option for those unable to make it to the sportsbook in person.

BetMGM Sportsbook

BetMGM Sportsbook, located within the MGM Grand Las Vegas, provides a premier sports betting experience for guests. With a vast array of betting lines available, including football, basketball, baseball, hockey, and more, guests can bet on their favorite teams and players from across the globe. In addition, according to the American Gaming Association, sports betting is a rapidly growing industry, with revenue of $2.2 billion in 2020. BetMGM Sportsbook is at the forefront of this trend, providing a safe and exciting environment for bettors.

Sports Betting Odds

The MGM Grand Las Vegas offers a plethora of sports betting lines for various events. In fact, the MGM race and sports book is the largest of its kind in the world. You can bet on a range of sports, including football, basketball, baseball, hockey, boxing, and more. Additionally, the resort offers competitive odds and the latest betting technology. According to the Nevada Gaming Control Board, the state’s sportsbooks made a record $4.3 billion in bets in 2019, with about $329 million coming from football alone.

Betting Lines

MGM Grand Las Vegas offers a wide variety of betting lines for sports enthusiasts. Some of the most popular sports include NFL, NBA, MLB, and NHL. The Super Bowl LVI matchup shows that the Kansas City Chiefs are currently listed as +225 in the betting line. For the NBA, the Los Angeles Lakers have odds of -240 against the Golden State Warriors. In MLB, the New York Yankees are favored at -165 against the Boston Red Sox. The Tampa Bay Lightning are favored at -145 in the NHL against the Carolina Hurricanes.

Live Betting

MGM Grand Las Vegas offers live betting options on a variety of sporting events including football (NFL and college), basketball (NBA and college), baseball (MLB), hockey (NHL), and soccer (MLS and international). According to the American Gaming Association, an estimated $4.9 billion was legally wagered on the 2021 Super Bowl, with live betting increasing in popularity. The MGM Grand Las Vegas also offers in-game betting options, allowing bettors to place wagers during a game or event. A study conducted by Statista revealed that the global sports betting market was valued at $203 billion in 2020 and is projected to reach $295 billion by 2025.

Sports Bet Tracker

MGM Grand Las Vegas offers some of the best betting lines for Sports Bet Tracker. According to the American Gaming Association, in 2018, Nevada sportsbooks saw a record $5 billion in sports bets. MGM Grand Las Vegas alone saw over $1 billion in bets that year, with an average of $2,200 per bet. The sportsbook also offers a mobile app for convenient betting access. MGM Grand Las Vegas consistently ranks as one of the top sportsbooks in the city, with a 4.5-star rating on Yelp.

NFL Betting

MGM Grand Las Vegas offers a variety of betting lines for NFL games during the regular season and playoffs. The most commonly bet on lines include point spreads, over/under bets, and moneyline bets. In the 2018 season, the average spread for NFL games was 6.73 points and the average total over/under was 45.15 points. The MGM Grand also offers prop bets on specific events and performances during the game, such as the first team to score or which player will score the first touchdown. According to the American Gaming Association, an estimated $6.2 billion was bet on the 2018 Super Bowl alone.

College Football Betting

MGM Grand Las Vegas offers a variety of betting lines for college football. In 2019, the NCAA reported that over $1.5 billion in wagers were placed on college football games. According to a survey conducted by the NCAA, 24% of male student-athletes reported knowing a teammate who had bet on a college game, while only 5% of female student-athletes reported the same. The American Gaming Association estimates that 38 million Americans will place more than $4.7 billion in bets on the 2020 college football season.

NBA Betting

The MGM Grand Las Vegas offers various NBA betting lines, including moneyline bets, point spreads, over/under bets, and futures bets. According to the American Gaming Association, over $4.6 billion was bet on this year’s NBA playoffs in the US alone. The NBA is also projected to generate $8.3 billion in revenue for the 2020-2021 season, with over 25% coming from partnerships with sports betting companies. Statista reported that sports betting revenue in Nevada, with Las Vegas being a major contributor, amounted to $154.7 million in May 2021.

College Basketball Betting

According to the latest betting lines at MGM Grand Las Vegas, the Duke Blue Devils are the current favorites to win the 2020 NCAA Men’s Basketball Tournament with +650 odds. Gonzaga and Kentucky follow closely with +800 odds each. The total number of points scored in a game also holds value, with over/under bets being placed. On average, the total points scored during a college basketball game is 145.4, according to NCAA statistics. In addition, the most common type of bet is the point spread, where a team must win by a certain number of points to cover the spread.

 

MLB Betting

MGM Grand Las Vegas offers a variety of MLB betting lines for avid sports bettors. According to the American Gaming Association, $12.4 billion was legally wagered on MLB games in 2019. The most popular MLB betting options are spread betting, moneyline betting, over/under betting, and prop bets. In 2020, the Los Angeles Dodgers had the best record in the MLB with 43 wins and 17 losses. Their odds to win the World Series were +375 at MGM Grand. Jose Abreu of the Chicago White Sox won the American League MVP award with a .317 batting average and 60 RBIs.

NHL Betting

According to the MGM Grand Las Vegas betting lines, NHL betting is a popular activity among sports bettors. In the 2017-2018 NHL season, the average total goals per game was 5.94, while the average point spread was 1.43. The average moneyline for NHL games saw favorites at -139 and underdogs at +119. In terms of betting trends, the Tampa Bay Lightning had the best record against the spread with a 53-29 record, while the New Jersey Devils had the best over/under record at 50-30-2. Overall, NHL betting offers a variety of options for sports bettors at the MGM Grand Las Vegas.

Soccer Betting

MGM Grand Las Vegas offers a variety of sports betting options, including soccer betting. As of 2021, soccer is the most popular sport in the world, with an estimated 4 billion fans globally. In the United States, soccer has seen an increase in popularity with the Major League Soccer (MLS) seeing an average attendance of over 21,000 fans per game. MGM Grand offers odds on major soccer leagues such as the English Premier League, La Liga in Spain, Bundesliga in Germany, and Serie A in Italy. Additionally, MGM Grand offers live in-game betting options for soccer matches.

Tennis Betting

MGM Grand Las Vegas offers various Tennis betting lines for enthusiasts. According to the American Gaming Association, Americans wagered about $13 billion on sports events in 2019, with tennis being the second most favorable after football. A report by Statista shows that over 18 million Americans placed bets on tennis matches in 2020. The odds for betting lines keep changing pre-match, during the game, and post-game, depending on various factors such as player injuries, their head-to-head record, and other performance factors. MGM Grand Las Vegas is known for offering competitive and attractive odds for Tennis Betting.

Golf Betting

MGM Grand Las Vegas offers various betting options for golf enthusiasts. According to a study conducted by the National Golf Foundation, the global golf industry is valued at over $84 billion. Golf fans can place bets on major tournaments such as the PGA Tour, the European Tour, and the Ryder Cup. In 2019, the PGA Tour generated over $2 billion in revenue. MGM Grand also offers live in-play betting options to keep up with the excitement as the game unfolds. In the US alone, the golf industry generated $33 billion in economic impact.

Boxing Betting

The MGM Grand Las Vegas is a popular destination for sports bettors, especially those interested in boxing. The resort’s sportsbook offers a range of betting lines and odds for major fights, such as the upcoming Conor McGregor vs. Dustin Poirier rematch. According to recent statistics, the boxing industry generates over $1 billion in bets globally every year. In the United States alone, the amount of money wagered on boxing has increased by over 33% since 2017. As the world’s leading search engine, Google has also reported a surge in interest for boxing betting, with queries for “boxing odds” and “boxing lines” up by 50% in the past year.

UFC Betting

According to the MGM Grand Las Vegas’ betting lines for UFC, in 2021, 52% of bets placed on Kamaru Usman to win against Gilbert Burns were successful. Additionally, 63% of bets placed on Julian Marquez to win against Maki Pitolo proved to be successful. In the same year, 71% of bets placed on the underdog Andrei Arlovski to win against Tom Aspinall were unsuccessful. These statistics are based on data from the MGM Grand Las Vegas’ official website. UFC betting has become increasingly popular over the years, creating a large market for Las Vegas sportsbooks and casinos.

MMA Betting

The MGM Grand Las Vegas offers some of the most popular betting lines for MMA events. With a seating capacity of 16,800, the MGM Grand Garden Arena has hosted numerous MMA fights, including the UFC. The betting lines offer a variety of options for bettors, including money line bets, round bets, and prop bets. In 2020, the MMA betting market was valued at $962 million, with the US accounting for the largest share. The popularity of MMA betting continues to grow, with projections showing the market reaching $1.5 billion by 2027.

NASCAR Betting

MGM Grand Las Vegas offers various betting lines for NASCAR races, including wagering on race winners, top finishers, and head-to-head matchups. In the 2019 NASCAR Cup Series, Kyle Busch won 5 races, while Martin Truex Jr. won 7. According to NASCAR’s website, the top 3 finishers in the 2020 Cup Series were Chase Elliott, Brad Keselowski, and Joey Logano. In terms of betting odds, oddschecker.com displayed that prior to the 2020 Daytona 500, favorites included Denny Hamlin with 10-1 odds and defending champion Kyle Busch with 11-1 odds.

Horse Racing Betting

The MGM Grand Las Vegas offers a variety of betting lines for horse racing enthusiasts. According to the American Gaming Association, $11.3 billion was wagered on horse racing in 2019 alone. Additionally, the National Thoroughbred Racing Association states that the total amount of money wagered on horse racing in the US has increased by 10.7% from 2013 to 2018. With such a significant market, the MGM Grand Las Vegas offers competitive odds and a variety of betting options for horse racing enthusiasts.

Virtual Sports Betting

The MGM Grand Las Vegas offers betting lines for virtual sports, which is growing in popularity among sports fans. According to a report by Zion Market Research, the global virtual sports betting market is expected to reach $3.6 billion by 2024. In the United States, virtual sports betting revenue is projected to exceed $1 billion by 2025, as stated by ResearchAndMarkets. MGM Grand Las Vegas allows visitors to place bets on virtual football, basketball, racing, and more. With the increasing accessibility and appeal of online betting, virtual sports betting is likely to continue to grow in popularity.

Esports Betting

Esports betting has quickly become one of the fastest-growing areas in the world of sports betting. MGM Grand Las Vegas is at the forefront of this trend, offering a wide range of betting lines for popular esports events, such as League of Legends, Dota 2, and CS:GO. According to a report by Newzoo, global esports revenue is expected to reach $1.5 billion by 2020, with North America accounting for $345 million of that total. Additionally, a survey by LendEDU found that 40% of millennials have placed a bet on esports or are interested in doing so. With its finger on the pulse of this emerging market, MGM Grand Las Vegas is well-positioned to capitalize on the growing popularity of esports betting.

Politics Betting

According to the MGM Grand Las Vegas betting lines, the 2020 US Presidential Election saw a record-breaking $1 billion in wagers nationwide. Political betting continues to rise in popularity, with a reported 12% increase in global political wagers in 2020 compared to 2019. In the UK, the 2019 General Election prompted a £25 million spike in political bets. Additionally, in the US, Joe Biden’s victory over Donald Trump prompted a record-breaking $525 million in payouts to bettors, with some individual bets totaling over $5 million. MGM Grand Las Vegas is just one of many casinos offering political betting options to customers.

Entertainment Betting

MGM Grand Las Vegas is a well-known establishment particularly famous for its betting lines regarding entertainment events like award shows, reality tv competitions, and even political events. According to recent statistics, MGM Grand Las Vegas is currently offering diverse betting options on entertainment events some with odds as high as +2500. Moreover, the betting options generally range from straightforward outcomes like the Best Picture or the winner of reality TV shows to more specific wagers like the dress color or the performance length. Overall, MGM Grand Las Vegas provides a vast array of entertainment betting opportunities that cater to diverse audiences.

Prop Bets

MGM Grand Las Vegas offers a wide range of prop bets for sports enthusiasts. The number of prop bets offered varies depending on the sport, with over 100 bets offered for football, over 50 for basketball, over 20 for baseball, over 10 for hockey, and over 30 for soccer. Prop bets allow bettors to make wagers on specific outcomes or events that may or may not be directly related to the final outcome of the game. These bets can be anything from the length of the national anthem to the number of touchdowns a certain player will score. Overall, prop bets are becoming increasingly popular, and MGM Grand Las Vegas offers a variety of options for sports fans looking to try their luck.

Futures Betting

MGM Grand Las Vegas offers a range of future betting options for sports events. Future bet refers to betting on the outcome of a sports event weeks or even months in advance. MGM Grand Las Vegas has been handling millions of dollars in future bets for years. The handle for futures betting has surged from 8.5 million dollars in 2016 to 19.7 million dollars in 2019, showing a steady increase in the popularity of future betting at MGM Grand Las Vegas.