BetMGM NBA Same Game Parlay Insurance: Earn Bonus Bets Back

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NBA Same Game Parlay Insurance BetMGM
BetMGM @BETMGM Feb 16, 2024, 4:21 PM

If your NBA Same Game Parlay (SGP) loses, you can still win!

With BetMGM’s SGP Insurance Token, you can receive your stake back (in Bonus Bets*) if your SGP loses by only one leg.

Here’s an example of an SGP with a stake of $10:

  • Denver Nuggets spread (+5.5)
  • Shai Gilgeous-Alexander points (35+)
  • Jamal Murray assists (8+)

That bet has odds of +450 and a potential payout of $55 (including stake), a profit of $45.

If two of the three legs hit — e.g., the Nuggets cover the spread, Gilgeous-Alexander has 36 points, and Murray has six assists — you’d receive $10 in Bonus Bets.

To find and use an SGP Insurance Token follow these steps:

  1. Log in to your BetMGM account. If you don’t have an account, sign up with BetMGM’s welcome offer.
  2. Visit the Promotions section of your account to see if a Token is available.
  3. Browse NBA odds.
  4. Build a parlay of at least three legs with odds of +400 or longer.
  5. Insert a stake. Maximum stake varies; check your account for full details.
  6. Place your bet!

Visit the sportsbook for full terms and conditions.

Some sportsbook promotions may have expired or may not be available to all customers. Check your account for all available promos, terms and conditions for each promo, and more information.

*Bonus Bets expire in seven days. Add’l terms.

See below for state-specific promos:

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Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.