FanDuel vs BetMGM: which book has better odds?
Sign-up offers are one-time. Price is every bet. Here is how we measure FanDuel against BetMGM on the number itself — and what the honest answer looks like.
See the live numbers
Our FanDuel vs BetMGM comparison recomputes two-way hold and head-to-head best-price rate from the last 24 hours of quotes, market by market.
How we frame the comparison: hold and best-price rate
Every sportsbook comparison that leads with a welcome bonus is answering the wrong question. What compounds over a season is how much of each bet the book keeps, and how often it happens to post the better side of a two-book race.
Two-way hold takes both sides of one market at one book, converts each American price to implied probability, adds them, and subtracts 1. A −110/−110 spread holds about 4.5%. Lower is cheaper for you, always.
Head-to-head best-price rate looks only at selections both books quote at the same line, and counts how often each posts the higher decimal price. Ties are discarded so a shared −110 does not inflate either book's score.
| Metric | What it answers | Better when |
|---|---|---|
| Two-way hold % | How much the book charges to make a market | Lower |
| Best-price rate | How often this book beats the other on the same bet | Higher |
| Sample size | Whether the gap means anything yet | Bigger |
What the pattern usually looks like
Across our snapshots, FanDuel tends to hold slightly less on marquee moneylines and spreads, where both books are sharpest and neither can afford a wide market. BetMGM tends to win the head-to-head rate on secondary and derivative markets, where it prices more aggressively in spots and moves later after news.
Neither pattern is stable enough to bet blind on. That is the point: the answer to "which book has better odds" is a distribution, not a winner, which is why the live page publishes the current sample size next to every number.
Honest pros and cons
FanDuel
Pros
- Consistently tight two-way pricing on core NFL and NBA game lines.
- Deepest same-game parlay and player-prop menu of the two.
- Fast, reliable app — cash-out and live betting rarely stall.
Cons
- Limits winning accounts quickly, especially on props.
- Promotional pricing is often worse than the base market it replaces.
- Alternate lines can be padded relative to the main number.
BetMGM
Pros
- More frequently posts the standout single price on secondary markets.
- Strong odds boosts that are occasionally genuinely +EV.
- Wide state footprint and generally slower to cut stakes.
Cons
- Wider hold on totals more often than FanDuel.
- Slower to move after news, which cuts both ways.
- Prop coverage is thinner on non-marquee games.
Where to go next
Compare the rest of the cluster the same way: DraftKings vs Caesars, or if you are weighing a sportsbook against a prediction market, Kalshi vs FanDuel and today's best Kalshi bets.
Then let the price decide for you: the +EV screen names the book with the best number on each play, and the hold and vig calculator lets you check any market's hold yourself.
FAQ
Does FanDuel or BetMGM have better odds?
It depends on the market, and it changes week to week. Measured over the last 24 hours of quotes, FanDuel is usually tighter on core game lines while BetMGM more often posts the better single price on secondary markets and alternate lines. Our live FanDuel vs BetMGM comparison publishes the current two-way hold and head-to-head best-price rate for both.
How do you compare two sportsbooks' odds fairly?
Two measurements. Two-way hold: add the implied probabilities of both sides of a book's own market and subtract 1 — lower is cheaper. Head-to-head best-price rate: on selections both books quote, count how often each posts the higher decimal price. Ties count for neither.
Should I have accounts at both books?
Yes, if you care about price. The better number moves between books constantly, so holding both means you take whichever side is cheaper on each bet. Line shopping is the highest-certainty edge available to a recreational bettor.
Does Parlae get paid to rank one book above the other?
We earn referral commissions from sportsbooks, and payout terms are excluded from every ranking comparator by design. Books are ordered by price. Our funding is documented on the how-we-make-money page.