BetMGM Thanksgiving Football Promo: Same Game Parlay Insurance

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BetMGM Thanksgiving Same Game Parlay Insurance
BetMGM @BETMGM Nov 22, 2023, 8:50 AM

If your Same Game Parlay (SGP) loses on Thanksgiving, you can still win at the online sportsbook.

With BetMGM’s SGP Insurance Token, you can receive Bonus Bets back if your pro football SGP loses by only one leg.

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

  • Detroit Lions: Moneyline
  • Jahmyr Gibbs: Anytime touchdown
  • Sam LaPorta: 70+ receiving yards

That bet has odds of +700 and a potential total payout of $80 (including stake), a profit of $70.

If two of the three legs hit — e.g., the Lions win, Gibbs scores, and LaPorta has 65 passing yards — 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 pro football odds for Thanksgiving games.
  4. Build an SGP 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 promos may have expired or may not be available to all customers. Check your account for all available promos.

See below for state-specific promos:

BetMGM First Bet Offer $1,500
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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.