BetMGM Unveils Rewards Program For Sports Bettors

Posted on November 25, 2020 - Last Updated on November 24, 2020

BetMGM is now part of MGM Resorts‘ rewards program.

M life Rewards members can now earn points and benefits with every wager placed.

BetMGM Rewards Points and Tier Credits

iRewards Points (iRPs) are loyalty points awarded for each qualifying bet. Users can redeem points online in the Loyalty Store.

Benefits are based on a member’s Tier Status and include personalized offers and a variety of perks at MGM Resorts Casinos nationwide.

In addition to iRPs, players also earn Tier Credits per wager, which contribute to their overall Tier Status.

New members receive an account number and can begin accumulating Tier Credits immediately. Current M life Rewards members’ credits from land-based and digital playing are combined and added to their Tier Status.

The following all determine iRPs and Tier Credit award amounts:

  • Bet type
  • Wager amount
  • Odds selection
  • Tier Status

BetMGM provides a model for potential earnings:

Bet TypeWager AmountSingle/ParlayOddsBase iRPs EarnedTier Credits
Straight Bets$50Single-1009.59.5
Parlay Bet$25Parlay+3002020
Futures Bet$100Single+11003030

Points and credits are awarded upon wager settlement and cannot be earned on free bets, cancelled wagers or early cash outs.

M life Rewards Program terms and conditions provide complete details.

Trade points for perks

Players can exchange or cash in iRewards Points, bonuses, and various giveaway opportunities in the Loyalty Store.

For example, members can snag a $25 credit redeemable at MGM Resorts or a $25 sports bonus good for one wager for 2,000 points.

A $10 cash reward costs 2,800 points.

Express Comp iRPs can be used for rooms, dining, entertainment, amenities, and M life Rewards Moments at MGM properties.

Users must redeem iRewards Points within 180 days of acquisition.

Tier levels

Players with a higher Tier Status earn points at a higher rate. Similarly, the higher the Tier Status, the better the perks.

Members begin at the Sapphire level and can work their way up to the invitation-only Noir level.

  • Sapphire
  • Pearl
  • Gold
  • Platinum
  • Noir

Sapphire members lock in base iRP earning rates in addition to specialized offers and discounts. Pearl users earn a 10% iRP bonus and receive exclusive access to buffet lines. Gold players gain a 20% bonus and express privileges when checking into MGM properties.

Likewise, Platinum players are eligible for a 30% bonus and a complimentary annual cruise. Elite Noir members, on the other hand, earn a 40% bonus and receive guaranteed hotel and restaurant reservations, along with airport transportation via limousine.

MGM sets an earning limit on Express Comps at $5,000 for lower tiers and $10,000 for Noir members.

Players can take advantage of their M life Rewards Tier Status through Jan. 31, 2022.

Since BetMGM comes from a casino background, the sportsbook has had to work harder for customer acquisition from the get-go. However, it is clear that expanding the company’s online offerings is a top priority.

This isn’t the only sportsbook with a rewards program, however, it does seem to be one of the best.

With new reward options, BetMGM has found a way to set itself apart from the pack.

Photo by Associated Press
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Alec Cunningham

As a college athlete, Alec Cunningham played Division II golf at Tusculum University. She graduated in 2015 with a bachelor’s degree in Journalism and Professional Writing. Alec has spent the last five years working in the music industry as a concert promoter, tour manager and artist developer. As a journalist, she has covered a variety of topics and currently specializes in the Tennessee online sports betting industry.

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