BetMGM has many sports betting promotions at the online sportsbook and on the BetMGM Sportsbook app (iOS and Android), including a $1,500 First Bet Offer.
Some promotions may not be available to certain customers or have expired.
BetMGM $1,500 First Bet Offer
New BetMGM customers can use the promo code “BETMGMBONUS” to receive a $1,500 First Bet Offer.
Simply sign up, make a deposit, and place your first wager. If the bet loses, you’ll receive the amount of your wager back in Bonus Bets to bet on more games. The First Bet Offer can be used on college football spreads, MLB NRFI odds, and more.
The offer isn’t available in the following locations: Mississippi, New York, Nevada, Ontario, Puerto Rico, and Washington, D.C.
Touchdown in Vegas Sweepstakes
You can win a trip to Las Vegas for the Big Game!
With BetMGM’s Touchdown in Vegas Sweepstakes, there are 58 total weekly prize packages that include a trip to Vegas for a three-night stay at the MGM Grand. And one lucky winner will receive two tickets to the Bighttps://sports.co.betmgm.com/en/sports/events/michigan-state-at-iowa-14766349 Game on Sunday, Feb. 11, 2024.
Log in to your account today for more details!
MLB Insurance
MLB postseason betting is back! And you can receive Bonus Bets if your wager loses.
Check out updated MLB odds to place your bets this week.
Win Bonus Bets & Odds Boosts
You can win Bonus Bets, Odds Boosts, and more throughout the season!
If you score a touchdown as Barry Sanders in BetMGM’s free-to-play game 8-Bit Barry, you will win a prize.
All BetMGM customers can play each week of the season.
BetMGM Refer A Friend
You can earn BetMGM Refer A Friend betting bonuses when your friends join the sportsbook.
Send your friend a Refer A Friend invitation, and once your friend signs up, gets verified, and meets our basic wagering requirement, you’ll both receive a $100 cash referral bonus!
You can refer up to 20 friends.
MGM Resorts Discounts
BetMGM players enjoy exclusive access to discounts at MGM Resorts in Las Vegas and can select from a dozen luxury resort properties across the world-famous Las Vegas Strip!
Book today and receive up to 20% off room rates, plus food & beverage credit. Two-night minimum stay required.
Cash Out
At the best online sportsbook, you can Cash Out a bet early to guarantee winnings before the final result, minimize losses, and/or increase your account balance immediately without an additional deposit.
Visit our sports betting guide to learn how to Cash Out early.
Edit My Bet
After you place a bet online, you don’t lose control of the bet. With BetMGM’s Edit My Bet feature, you can add a selection, remove a selection, swap a selection, or increase your stake after the bet is placed (if Edit My Bet is available for that particular bet).
Check out BetMGM’s sports betting guides to learn how to Edit My Bet.
Best Sportsbook Promotions Explained
With many available promos each day, customers can earn Bonus Bets, parlay boosts, and more in a variety of ways.
Some promotions are earned by placing certain bets, while others are available to all customers.
How Do Sports Betting Promotions Work?
You can view updated betting promos in the Promotions section of your BetMGM account.
Example 1: Perhaps you have a Parlay Boost Token in your account. To use the token, just add a bet to your Bet Slip, insert a stake, and use the token!
Example 2: If you have the $1,500 First Bet Offer, you might place a $200 bet on the Detroit Red Wings moneyline against the Chicago Blackhawks. If the Red Wings win, you win! If the Red Wings lose, you’ll receive $200 back in Bonus Bets.
Common Mistakes
Always check your account for eligible promos. And always read the Terms & Conditions for each promotion.
Types of Sportsbook Bonuses Explained
There are many different types of sportsbook bonuses:
Sign-Up Bonus
The $1,500 First Bet Offer is BetMGM’s sign-up bonus, aka a welcome offer and welcome bonus.
You can receive Bonus Bets equal to the stake of your first bet (up to $1,500) if that first bet loses.
Boosted Odds
An Odds Boost will increase the potential payout of your bet.
For example: The potential payout on a $100 bet with +100 odds is $200 (including stake). With a 25% odds boost to +125, the potential payout increases to $225.
Player Referral: Refer A Friend
You can earn up to $2,000 each month with Refer A Friend bonuses!
For each friend you refer to BetMGM you earn $100. And you can refer up to 20 friends per month by following these steps:
- Invite your friend to join BetMGM via the BetMGM Refer A Friend invitation.
- Have your friend register for a BetMGM account.
- Once your friend creates a verified account and meets all the Refer A Friend requirements, both of you will receive the bonus.
Sportsbook Bonus Terms & Conditions
Each sportsbook promo includes Terms & Conditions.
The terms might include active dates for the offer, eligibility rules, and expiration of a Bonus Bet.
Read the terms for each promo before wagering.
Bonuses & Promos By State
Some BetMGM promos are available to all customers regardless of state, while others are available in select states.
Check out state-specific promos:
- BetMGM Arizona Promos
- BetMGM Colorado Promos
- BetMGM Illinois Promos
- BetMGM Indiana Promos
- BetMGM Iowa Promos
- BetMGM Kansas Promos
- BetMGM Kentucky Promos
- BetMGM Louisiana Promos
- BetMGM Maryland Promos
- BetMGM Massachusetts Promos
- BetMGM Michigan Promos
- BetMGM New Jersey Promos
- BetMGM New York Promos
Sports With Betting Promotions
There are many sport-specific promotions, including Same Game Parlay insurance for the NBA or MLB, and event-specific promotions, including Bet $1 to Win $100 on a golf tournament or the NFL Draft.
NFL
You could use the $1,500 First Bet Offer on NFL odds.
For example: If your first bet is $100 on the Cincinnati Bengals spread (-6.5 at -110 odds) against the Cleveland Browns, the potential payout is $190.91 (including stake).
If the Bengals cover, $190.91 is deposited into your account!
If the Bengals don’t cover, $100 in Bonus Bets is now available.
NCAAB
You could use Same Game Parlay Insurance on college basketball odds.
For example: If your $20 five-leg Same Game Parlay misses by one leg, you could receive the stake back (up to $25) as Bonus Bets.
The Bonus Bets could then be used on other NCAAB odds or another sport.
NCAAF
There might be a Multi-Sport Parlay Boost available during the college football season.
For example: A three-leg parlay with two college football moneylines and one NFL moneyline might have odds of +400 and a potential payout of $500 (including stake) on a $100 bet.
With a Multi-Sport Parlay Boost of 25%, the odds are now +500 and the potential payout is $600 (including stake).
NHL
Perhaps there’s an Odds Boost Token available during the early weeks of the NHL regular season.
For example: A $20 bet on the Philadelphia Flyers’ moneyline of +100 would have a potential payout of $40 (including stake).
With an Odds Boost Token of 25%, the potential payout is now $45 (including stake) if the Flyers win.
MLB
If you have Bonus Bets available during the summer, you could use them on MLB odds.
For example: You could stake $25 in Bonus Bets on the New York Mets’ run line (-1.5 at +125 odds). If the Mets don’t cover, you don’t lose any money because you bet with Bonus Bets. But if the Mets cover, you win $56.25 (including stake).
How to Take Advantage of Sportsbook Promotions
You can make sportsbook promotions a key piece of your online sports betting by always watching your account for new opportunities.
If you want to build a six-leg parlay with NFL moneylines, NBA spreads, and NHL puck lines, look in your account for a Multi-Sport Parlay Boost.
The parlay boost will change the odds to give you a bigger potential payout.
If you don’t have an account yet, visit the sportsbook to activate the $1,500 First Bet Offer and start checking your new account for more promos!
