FanDuel, DraftKings and BetMGM control over 90% of the US sports betting market. Together, they process billions of dollars in wagers every year. But they are not the same product, and the one that suits you depends entirely on how you bet.
Quick answer
FanDuel has the most polished app and same-game parlays, DraftKings the widest market depth and promos, BetMGM the strongest odds boosts and casino cross-over. Their margins on main markets are nearly identical (4-5%). The real edge is holding all three accounts and taking the best line on every bet.
This comparison breaks down each sportsbook across the criteria that actually matter: odds quality, app experience, bonuses, betting markets, and what each platform does better than the other two. No affiliate rankings, no paid placements. Just a clear breakdown so you can make the right call.
MyBankroll is a sports betting tracker, not a sportsbook. We do not accept bets. This article is for informational purposes only. Sports betting involves financial risk. Please bet responsibly.
Market share and who dominates US sports betting in 2026
Before comparing features, it helps to understand the scale of each operator. As of Q1 2026, FanDuel leads the US market with 44% of gross gaming revenue. DraftKings holds second place at approximately 34%. BetMGM sits in third at around 14%. Together, these three sportsbooks account for over 90% of all legal online sports betting in the United States.
That dominance exists for a reason. All three are fully licensed, operate in over 20 states, offer competitive odds, and have invested heavily in their mobile apps. The differences come down to execution, focus and your betting profile.
FanDuel vs DraftKings vs BetMGM: the quick comparison
| FanDuel | DraftKings | BetMGM | |
|---|---|---|---|
| Market share (2026) | 44% | 34% | 14% |
| Available states | 23+ | 25+ | 20+ |
| Welcome bonus | First bet up to $1,000 | Bet $5, get $300 if it wins | First bet up to $1,500 |
| Odds quality | Best overall | Very competitive | Slightly below average |
| App rating (iOS) | 4.8 | 4.7 | 4.1 |
| Same-game parlay | Yes | Yes | Yes |
| Live streaming | Limited | Limited | Yes (select markets) |
| Loyalty program | No (sportsbook) | Yes | Yes (MGM Rewards) |
| Best for | Overall experience | Market depth and beginners | High-stakes bettors and casino users |
Odds: FanDuel leads, but the gap is smaller than you think
Odds quality is the most important factor for any bettor who tracks their ROI. A half-point better odds on every bet adds up to hundreds of dollars over a full season.
FanDuel consistently offers the best odds among the three. Across NFL, NBA, NHL and MLB markets, FanDuel's lines tend to be sharper and less juiced than the competition. On a standard -110 moneyline, FanDuel frequently posts -108 or -109, a meaningful difference over hundreds of bets.
DraftKings is close. On most markets, the difference between FanDuel and DraftKings is small enough that line shopping between the two can find better value depending on the game. DraftKings also offers odds boosts regularly, which can compensate for slightly weaker base prices.
BetMGM lags behind both on odds. Their margins are slightly higher, which means your long-term return is lower betting the same volume. That said, BetMGM occasionally offers promotional odds boosts that temporarily close the gap.
The practical takeaway: if you only use one sportsbook, FanDuel gives you the best long-term odds. If you have accounts at all three, compare before every bet.
Welcome bonuses: BetMGM offers the most, DraftKings is the most flexible
All three offer welcome bonuses for new users, but the structure and value differ significantly.
FanDuel offers a first bet protection of up to $1,000. If your first bet loses, you get the amount back in bonus bets. The minimum odds requirement is low, making it easy to qualify. It is a clean, low-friction offer.
DraftKings offers $300 in bonus bets if your first $5 bet wins. On paper this sounds small, but the $300 triggers on a winning $5 bet, making it relatively easy to unlock. It is the best offer for bettors who want a guaranteed positive outcome from their first wager.
BetMGM offers up to $1,500 in first bet protection. It is the largest bonus by dollar amount, which makes it attractive for high-stakes bettors who plan to place a large first wager. The catch is that the bonus comes as multiple bonus bet credits, not a single lump sum.
None of these bonuses is free money. All come with playthrough requirements and expiration windows. Read the terms carefully before depositing.
Apps: FanDuel and DraftKings are ahead, BetMGM lags on Android
The mobile app is where most US bettors spend 90% of their time. App quality matters more than almost any other factor for day-to-day usability.
FanDuel has the highest-rated app of the three. It is consistently praised for its clean interface, fast load times, reliable location verification, and intuitive same-game parlay builder. The app almost never crashes, and the live betting interface updates quickly enough to be useful in real time.
DraftKings is very close. The app receives slightly lower ratings than FanDuel but offers a deeper market selection, better visibility on player props, and features like betting carousels that surface popular markets without you having to navigate manually. DraftKings is often recommended for beginners because the guided betting features and tooltips reduce the learning curve.
BetMGM's app is the weakest of the three by ratings. On iOS, it holds a 4.1 compared to FanDuel's 4.8 and DraftKings' 4.7. On Google Play, the gap is even wider. The interface is functional but not as polished, and some users report occasional lag on live betting markets. Where BetMGM stands out is the Edit My Bet feature, which lets you modify an active bet before it settles, a proprietary tool not available at FanDuel or DraftKings.
Betting markets: DraftKings goes deeper
If you bet on a wide range of sports, DraftKings is the best option. It covers 25 sports including entertainment markets like the Oscars. FanDuel covers 21 sports with excellent depth on the major US leagues but less coverage on niche international markets. BetMGM sits between the two.
For player props, DraftKings consistently offers more lines per game than FanDuel, particularly on NBA and NFL. For same-game parlays, both FanDuel and DraftKings have excellent builders. BetMGM's parlay coverage is solid but not as deep.
For international soccer, all three have improved significantly heading into the 2026 World Cup. All three will offer lines on every World Cup match, with FanDuel and DraftKings likely to have deeper prop markets on group stage games.
Live betting and streaming: BetMGM has an edge
Live betting is one of the fastest-growing segments of US sports betting, and all three platforms offer it. The experience varies.
FanDuel's live betting interface is clean and fast-updating, but the platform does not offer live streaming for most sports. You are betting without watching unless you have a separate TV source.
DraftKings is similar: solid live betting tools, limited streaming. The platform has made progress on streaming for select events but it is not a primary feature.
BetMGM offers live streaming on a broader range of markets. If watching the game while betting is important to you, BetMGM has an edge here.
Loyalty programs: BetMGM wins by a significant margin
FanDuel does not offer a loyalty or rewards program for sportsbook users. If you are a high-volume bettor, you earn nothing back from FanDuel beyond the bets themselves.
DraftKings has a rewards program, but most bettors find it underwhelming compared to what casino-linked operators offer.
BetMGM's MGM Rewards is the standout here. Points earned on sports betting can be redeemed at MGM hotels, casinos, restaurants and entertainment venues. If you are a frequent MGM customer, the loyalty integration is a genuine advantage. For pure sports bettors with no MGM relationship, it matters less.
Which sportsbook is best for your profile?
There is no single best sportsbook. The right choice depends on what you value.
If you want the best odds and the smoothest app experience, FanDuel is the answer. It leads the market for a reason. The odds are sharper, the app is more polished, and the platform is the easiest to recommend as a default.
If you want the deepest betting markets and beginner-friendly features, DraftKings is the better fit. The breadth of sports and props, combined with the guided interface, makes it the best platform for bettors who are still figuring out their style.
If you bet large amounts and value loyalty rewards or plan to use MGM's casino ecosystem, BetMGM makes sense. The $1,500 welcome bonus and MGM Rewards integration are genuine advantages for this profile.
The real answer is to use all three. Serious bettors open accounts at multiple sportsbooks and shop lines before every bet. The difference between FanDuel's and DraftKings' odds on a given game can be significant enough to change your long-term ROI. A 0.5% improvement in average odds across 500 bets per year translates to real money.
How to track your bets across all three sportsbooks
Using three sportsbooks creates a tracking problem. Your bets are scattered across platforms, your ROI is impossible to calculate without manual consolidation, and you lose visibility into which sportsbook is actually performing best for your specific betting style.
This is exactly what mybankroll.io is built for. You can log every bet regardless of which sportsbook you placed it on, tag each bet with the sportsbook, and see your ROI broken down by FanDuel, DraftKings and BetMGM separately. Over time, you will see clearly which platform has given you the best return on your specific bets, which is more useful than any generic comparison article.
Try mybankroll.io free for 7 days.
Frequently asked questions
Is FanDuel better than DraftKings?
FanDuel edges DraftKings overall thanks to better odds and a more polished app. But DraftKings offers deeper betting markets and a better loyalty program. Most serious bettors use both and shop lines between them.
Which sportsbook has the best welcome bonus?
BetMGM offers the largest first bet protection at up to $1,500. DraftKings has the most flexible structure with $300 in bonus bets on a $5 winning first bet. FanDuel's offer is the cleanest with $1,000 in first bet protection and no minimum odds.
Is BetMGM worth using alongside FanDuel and DraftKings?
Yes, particularly if you value live streaming, the Edit My Bet feature, or the MGM Rewards loyalty ecosystem. As a standalone sportsbook, it lags behind on odds and app quality, but as a third option for line shopping and loyalty, it adds value.
Can I use all three sportsbooks at the same time?
Yes. There is no restriction on holding accounts at multiple legal US sportsbooks. Opening accounts at all three and shopping lines is the most effective way to improve your long-term ROI.
How do I track my ROI across multiple sportsbooks?
Use a betting tracker like mybankroll.io. Log every bet with the sportsbook tag, and your dashboard will show ROI, winrate and performance broken down by platform.
