Latest Sports Betting Promotions & Offers at the BetMGM Sportsbook (July 27)

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BetMGM Jul 27, 2021, 1:55 PM

BetMGM has an array of sports betting promotions for anyone seeking to place a bet online.

Whether you’re a new customer seeking a risk-free bet for the NHL playoffs, a casual fan interested in One Game Parlays for the NBA, or a regular bettor taking advantage of insurance for golf betting or Euro 2020 betting, there are many promo opportunities available.

Here are some current promotions on BetMGM:

Risk-Free Bet

First-time customers, whether new to online sports betting or visiting BetMGM for the first time, can place one risk-free bet with the BetMGM $600 Risk-Free Bet.

You might, for example, browse NBA odds and place a $600 bet on the Los Angeles Lakers’ money line (+155) vs. the Denver Nuggets. If the Lakers win, your payout is $1,530. If the Lakers lose, a $600 credit is issued to your account. In this case, the Lakers won, so your account has $1,530 in free bets for other NBA games or any other event on BetMGM.com.

Team USA Basketball

You can receive a Free Bet if you bet on the USA Basketball team in the Tokyo Olympics.

If you place place a bet of $20 or more on any bet involving the USA hoops team, you'll receive a $5 Free bet to use on any sport. Check out Olympics odds and place your bet today!

Hit the Cycle Challenge

Through the end of the MLB regular season, BetMGM customers can earn up to four rewards per week with the Hit the Cycle Challenge. The cycle, which must be completed in order like a natural cycle in baseball, begins with a Base Hit and concludes with a Grand Slam:

  • Base Hit: Receive a Parlay Boost token when you place a $10 money line wager.
  • Stand-Up Double: Receive a risk-free token when you place a parlay bet of at least $10.
  • Triple: Receive a $5 Free Bet when you place a parlay bet of at least $10.
  • Grand Slam: Receive a $10 Free Bet when you place an MLB futures bet.

MLB Walk-Off Insurance

You placed a $25 money line bet online for the Philadelphia Phillies (+145) to beat the Atlanta Braves on Saturday, May 8. And when the Phillies scored three go-ahead runs in the top of the 12th inning to take a 7-4 lead, you were eyeing a payout of $61.25.

Instead, the Braves scored four runs in the bottom of the 12th inning, the last run coming on a walk-off RBI single by Ehire Adrianza. Your money line ticket didn't cash but, with the MLB Walk-Off Insurance, your bet was refunded.

On Saturdays throughout the season, your money line bet is refunded (up to $25 in free bets) if your team loses on a walk-off hit. Opt in to the promotion, browse MLB odds, place your bet, and enjoy the game knowing you can't lose your stake regardless of the outcome.

Money Monday Free Bet

All members of the Money Monday Club -- free opt-in available in your account -- receive $10 in free bets every Monday if they placed at least $50 in qualifying wagers the previous week.

Whether you won, lost, or broke even the previous week, you start every week with a $10 free-bet bonus.

Parlay Boost

If you love the thrill and returns of parlays, parlay boosts are your ticket. 

Parlays boosts are an extended version of BetMGM's popular odds boosts. If an odds boost is offered on a particular game, you are entitled to increase the odds of an online bet. It doesn't require additional risk or other alterations to your intended bet; it's an opportunity to increase the reward without increasing the risk.

With an MLB Parlay Boost, your payout may increase by 10 percent. If, for example, your $10 three-team parlay bet has odds of +500, your payout would be $60. But with a 10-percent parlay boost, the same bet has a payout of $66.

Parlay Plus

Parlay Plus is a specialty version of a parlay boost.

You can receive up to a 40-percent profit boost when building a parlay of between four and seven legs. Instead of receiving a payout of $50.63 on a $10 bet with four legs at -200 odds apiece, you could receive a payout of $66.88 for the same bet.

Your wager amount doesn’t change, nor do your parlay legs or odds. Your winnings, however, do; with Parlay Plus, you earn more money for placing the same four-, five-, six-, or seven-leg parlay.

One Game Parlay

One Game Parlays are low-risk, high-reward betting opportunities for fans seeking maximum entertainment and a bigger return on their investment. 

Instead of a multi-game parlay in which fans combine money line, spread, and other types of bets into one parlay to increase their payout, a One Game Parlay stays within one single game. And instead of waiting hours or days to cash a multi-game parlay, a One Game Parlay cashes during the three-hour window of an NFL game or two-hour and 15-minute window of an NBA game.

Cross Sport Parlay

Another unique parlay option, Cross Sport Parlays give better odds and increased payouts while saving you time in building a multi-game parlay. Just like a One Game Parlay, the Cross Sport Parlay is a ready-made parlay that doesn’t require a customer to custom-build a parlay.

Instead of, for example, building a three-sport money line parlay with the Los Angeles Clippers, Seattle Mariners, and Vancouver Canucks, with odds of +468, a Cross Sport Parlay boosts the parlay to +500. That’s a bigger payout for the same parlay bet.

MLS One Game Parlay Insurance

Just like the NBA One Game Parlay Insurance, your MLS One Game Parlay stake is refunded (up to $25 in free bets) if you miss only one leg of a One Game Parlay with at least four legs. 

Lion’s Boost

Lion’s Boost is a popular odds boost for customers. 

Like a parlay odds boost, a customer receives better odds and a bigger payout with the Lion's Boost. For example, a prop bet for “Pete Alonso hits a home run” vs. the Phillies might carry +325 odds. The Lion’s Boost might boost the odds to +425.

If Alonso homers, instead of an $85 payout on a $20 bet (at +325), the payout is $105 on a $20 bet (at +425).

What is a Promotion?

Promotions, aka “offers,” are the staple of an elite and unmatched online sports betting experience at BetMGM. And with several promos each day, customers can earn free bets, parlay boosts, and more in a variety of ways.

How to Earn Promotions

Promotions are available immediately upon joining BetMGM and throughout your stay.

With the first deposit, you are eligible for a welcome bonus, a risk-free bet up to $600. If your first bet cashes, you win! If your first bet doesn’t cash, you don’t lose! Whether your first wager is $6, $60, or $600, any losses will be refunded in free bets. You don’t need a promo code or special access to receive the $600 risk-free bet promotion. 

You can eliminate or mitigate risk with other promotions, too, including insurance if you miss one leg of a One Game Parlay or free bets for another sport if you place an eligible bet.

What Sports Have Promotions?

There are many sport-specific promotions, including One 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. 

There are also sport bet promotions available for all sports, including some risk-free bets, free-bet bonuses, and Lion’s Boosts. You can view all sport-specific and non-sport-specific promotions at BetMGM.com, and check out other betting opportunities, like NFL odds Week 1, live sports betting, mobile sports betting (with the BetMGM sportsbook app), and more!