Bet $5, Get $158 in Bonus Bets at the BetMGM Online Sportsbook

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BetMGM @BETMGM Feb 16, 2024, 4:49 PM

OFFER EXPIRED ON FEB. 12, 2024.

New BetMGM online sportsbook customers in eligible states can receive $158 in Bonus Bets!

How to get the offer:

  1. Sign up for a BetMGM Sportsbook account.
  2. Make your first deposit.
  3. Wager $5 on any game as your first bet.
  4. Get $158 in Bonus Bets instantly!

You’ll receive the Bonus Bets regardless of the outcome of your first bet.

Bonus Bets expire in seven days. One New Customer Offer only. Add’l terms.

A Bonus Bet is a credit which allows players to place a bet without using cash funds. Such credits cannot be withdrawn or cashed out by participants. A Bonus Bet can only be used once, is not included in any winnings, and is subject to loss if the bet placed with such credit does not win. A Bonus Bet must be used within seven days of being credited to your account.

See below for full terms and conditions. This offer isn’t available in Nevada, New York, Ontario, and Puerto Rico.

Someย sportsbook promotionsย may have expired or may not be available to all customers. Check your account for all available promos.

See below for state-specific promos:

  • Terms & Conditions

    DESCRIPTION OF PROMOTION:

    1. Place your first BetMGM Sportsbook wager through BetMGM Sportsbook mobile application of at least five dollars ($5.00). You will receive one hundred and fifty eight dollars ($158.00) instantly in additional winnings regardless of your wagerโ€™s outcome!
    2. Bet $5 Get $158 Instantly Acquisition Promotion for BetMGM Sportsbook.

    PROMOTIONAL PERIOD:

    1. This โ€œSports Promotionโ€ is available to qualifying customers from 1/9/2024 at 12:00 AM EST through 2/12/2024 at 11:59 PM EST, unless terminated earlier in BetMGM, LLCโ€™s sole discretion (the โ€œPromotional Periodโ€). Accounts opened before or after the Promotional Period will not qualify for this Sports Promotion.

    ELGIBILITY:

    1. All new BetMGM Sportsbook users making their first bet through the BetMGM Sportsbook mobile application.
    2. This Sports Promotion is open to participants who, at the time of wagering, are located in a state or jurisdiction in which the Promoter (as defined below) offers online sports wagering services, are at least 21 years old, are not on an exclusion or self-exclusion list, and who, during the Promotional Period, both (a) make a first deposit in the amount of at least five dollars ($5.00) (the โ€œDeposit Minimumโ€) to their online BetMGM Sportsbook account, and (b) place a wager of at least five dollars ($5.00) at standard odds price using their BetMGM Sportsbook account (โ€œParticipant(s)โ€).
    3. Employees, officers, directors, members and representatives of BetMGM, LLC (the โ€œPromoterโ€), its parent and affiliate companies, and any advertising agency or web company connected with the Promoter (collectively, โ€œPromotion Entitiesโ€), as well as immediate family members (spouse, parents, siblings and children) and household members of each such person, areย notย eligible to participate in this Sports Promotion. The Promoter reserves the right to verify the eligibility of all Participants. The Promoter additionally reserves the right to refuse or otherwise restrict the eligibility of any individual to participate in this Sports Promotion for any reason, in its sole discretion, including based on Participantโ€™s wagering patterns or wagering history.
    4. Additionally, any individual with a BetMGM account on any product in one (1) or more jurisdictions where the Promoter operates, that has been involuntarily closed, suspended (including any accounts in cool-off status), or where such account has been marked as fraudulent, is ineligible to participate in, and/or receive a prize, for this Sports Promotion even where such entrant may seek entry in this Sports Promotion through an active account in another jurisdiction.
    5. Participants claiming this Sports Promotion willย notย be eligible to receive any other welcome offer or โ€œNew Customerโ€ sports promotion offer.

    ACTION REQUIRED:

    1. Download the BetMGM Sportsbook app on iOS or Android, or visit betmgm.com.
    2. Sign up and deposit at least five dollars ($5.00) into your newly created account.
    3. Place a wager in the amount of at least five dollars ($5.00) at standard odds price (a โ€œQualifying Betโ€).
    4. Once you have placed a Qualifying Bet, you will receive one hundred and fifty eight dollars ($158.00) in Bonus Bets regardless of the outcome of your wager!

    โ€œBonus Betsโ€ are credits which allow participants to place another bet with BetMGM Sportsbook; such credits cannot be withdrawn or cashed-out by participants, are forfeited when used to place a bet, and are lost if the bet(s) placed with such credits do not win.

    CLAIMING PROMOTIONAL OFFER:

    1. To claim this Sports Promotion, Participant must, during the Promotional Period, (a) visit www.betmgm.com or download the BetMGM Sportsbook mobile application, (b) open a BetMGM Sportsbook wagering account, (c) deposit the Deposit Minimum in to Participantโ€™s account, and (d) place a wager of at least five dollars ($5.00) at standard odds price using their BetMGM Sportsbook account (a โ€œQualifying Betโ€). Only the first Qualifying Bet is eligible for this Sports Promotion.
    2. A wager placed, in whole or in part, using โ€œBonus Betsโ€, โ€œOdds Boost Tokensโ€, โ€œParlay Boost Tokensโ€, โ€œSame Game Parlay Boost Tokensโ€, โ€œBet Insurance Tokensโ€ or โ€œBet & Get Tokensโ€ (or other promotional funds or tokens as determined by the Promoter in its sole discretion) will not be considered a Qualifying Bet for the purposes of this Sports Promotion. A wager will not be considered a Qualifying Bet for the purposes of this Sports Promotion if for any reason it becomes void, in whole or in part, as determined by the Promoter in its sole discretion.
    3. After placing a Qualifying Bet, Participant will receive one hundred and fifty eight dollars ($158.00) in Bonus Bets, regardless of the outcome of Participantโ€™s wager.
    4. If Participantโ€™s Qualifying Bet is deemed a winner (as determined by the Promoter), winnings (if any) will be paid in cash at the odds shown based on the normal odds price on the BetMGM platform. For clarity, regardless of the outcome of Participantโ€™s Qualifying Bet, if the Qualifying Bet occurs, Participantโ€™s account will also be credited with an additional one hundred and fifty eight dollars ($158.00) in Bonus Bets.
      • Example: If shown-odds are +100 and a Qualifying Bet wins, Participant will receive five dollars ($5.00) in winnings for every five dollars ($5.00) wagered in Participantโ€™s Qualifying Bet and one hundred and fifty eight dollars ($158.00) in Bonus Bets.
        • Bonus Bets will be awarded as two (2) fifty dollar ($50.00) Bonus Bets and one (1) fifty eight dollar ($58.00) Bonus Bet.

    REGISTRATION PROCEDURES:

    1. If you created a BetMGM online gaming account via BetMGM Casino or BetMGM Poker, you do not need to create a new account.
    2. You can go to BetMGM.com or download the app and use your existing credentials to log into BetMGM Sports app.
    3. To Create a BetMGM account, select โ€œRegisterโ€ and fill out the online registration form. Provide your first and last name, email, date of birth, account name and password, SSN, phone number, and address. You may be prompted to create two security questions. Please remember your security questions and answers as you may need them in the future if you forget your password.
    4. All information must be valid in order for the account to be verified. You cannot place a wager until your account is verified.

    LIMITATIONS ON PARTICIPATION:

    1. Each Bonus Bet can only be used once. Each Bonus Bet can only be placed as one (1) straight bet, one (1) Parlay or one (1) Same Game Parlay and cannot be split between various bet placements.
    2. Bonus Bets are limited to no more than three (3) per person, account, household (IP address) and/or computer. All details of Bonus Bets will be determined by the Promoter in its sole discretion. The Promoter reserves the right to substitute Bonus Bet(s) (or portion thereof) with a similar reward (or Bonus Bet element) of comparable or greater value. All taxes and other expenses, costs, or fees associated with the acceptance and/or use of Bonus Bet(s) are the sole responsibility of Participants. Bonus Bet(s) cannot be transferred, withdrawn, or redeemed for cash and are valid only for the items detailed above, with no substitution of Bonus Bet(s) by Participants.
    3. Bonus Bets can only be redeemed via the BetMGM Sportsbook website or mobile application and must be used within seven (7) days of them being credited to Participantโ€™s account.
    4. Bonus Bets cannot be redeemed on any other BetMGM brands (including, but not limited to, BetMGM Casino/Poker, Borgata Sports/Casino/Poker, Party Casino/Poker).
    5. Bonus Bets do not count towards qualifying for any other promotional offers, unless otherwise specifically stated in the terms & conditions of such promotional offer.
    6. If Participantโ€™s Bonus Bet wager becomes void, in whole or in part, as determined by the Promoter in its sole discretion (including, without limitation, if the game/event on which Participantโ€™s Bonus Bet was placed is cancelled), Participantโ€™s Bonus Bet will be returned to Participantโ€™s account.
    7. Additional terms and restrictions may apply (including, without limitation, maximum pay out restrictions). See the Promoterโ€™s Terms of Service for details.
    8. Any other restrictions in the Promoterโ€™s Terms of Service which are not inconsistent with the Terms and Conditions of this Sports Promotion shall also apply.
    9. The value of a Bonus Bet, once redeemed, will not be included in any winnings.
    10. If the participant is targeted by a promotional campaign in more than one eligible jurisdiction, and if the participant opts to participate in the campaign in multiple eligible jurisdictions, any rewards, credits, or other indicators of value (โ€œRewardsโ€) that the participant earns through successful gameplay (including progress toward any such Rewards) will not transfer from one eligible jurisdiction to another.
    11. For example, if the participant opts into a promotional campaign and engages in gameplay in Arizona, the participant is able to earn a Reward in Arizona as a result of any successful gameplay that takes place while the participant is physically located in Arizona. If the participant also opts into the same campaign in Colorado, and the participant engages in gameplay in Colorado, the participant is able to earn a separate Reward in Colorado for the successful gameplay that occurs while the participant is physically located in Colorado. Any progress made toward Rewards in Colorado cannot be combined with or counted toward Rewards in Arizona, and vice versa. In other words, Rewards earned in one jurisdiction may not be combined with Rewards earned in another jurisdiction.

    WAGERING REQUIREMENTS/EXCLUSIONS:

    1. To claim this Sports Promotion, Participant must, during the Promotional Period, (a) visit www.betmgm.com or download the BetMGM Sportsbook mobile application, (b) open a BetMGM Sportsbook wagering account, (c) deposit the Deposit Minimum in to Participantโ€™s account, and (d) place a wager of at least five dollars ($5.00) at standard odds price using their BetMGM Sportsbook account (a โ€œQualifying Betโ€). Only the first Qualifying Bet is eligible for this Sports Promotion.

    ORDER OF FUNDS USED FOR WAGERING:

    1. Participant must make a real money Qualifying Bet as their first wager.
    2. All Bonus Bets will be automatically credited to Participantโ€™s account promptly (within approximately 24 hours) after the Qualifying Bet identified on the landing page associated with this Sports Promotion occurs.
    3. To use a Bonus Bet, simply add a bet(s) to your Bet Slip (Straight or Parlay), tap on โ€œApply Bonus Bet?โ€ next to the stake area to display all your eligible Bonus Bets and activate the desired Bonus Bet. Select the โ€œiโ€ button to find out more details. If a wager using a Bonus Bet wins, the net winnings will be credited to the account. The stake amount, which was offered through the Bonus Bet, will not be credited.
      • Example:
        • A $10 Bonus Bet is awarded.
        • $10 Bonus Bet wagered to win at odds of -200
        • If the bet wins, $10 stake at -200 odds = $15 ($10 stake + $5 winnings).
        • This means that only $5 will be credited to the balance.
        • Bonus Bets cannot be redeemed in conjunction with Tokens.

    ELIGIBLE GAMES:

    1. This promotion is eligible for any sports wager.

    RESTRICTIONS ON WITHDRAWALS:

    1. Bonus Bets cannot be redeemed for cash at any time or withdrawn from Participantโ€™s account. Participant cannot โ€œCash Outโ€ its Bonus Bet(s).

    CANCELLATION:

    1. If Participant opts to cash out on Participantโ€™s first bet early through the โ€œCash Outโ€ or โ€œAuto Cash Outโ€ features, Participant will no longer be eligible for this Sports Promotion. If Participant opts to edit Participantโ€™s first bet through the โ€œEdit My Betโ€ feature, Participant will no longer be eligible for this Sports Promotion. If Participant opts to get Participantโ€™s first bet canceled, Participant will no longer be eligible for this Sports Promotion.
    2. Bonus Bets are not required to be wagered on the account once awarded. Should a player choose not to use their available Bonus Bets, they will expire seven (7) days after being issued.
    3. To view Bonus Bets expiry information, details can be viewed in โ€œMy Account > Promotions > Sports.โ€
    4. Upon request for cancellation, BetMGM will inform the player of the amount of unrestricted funds that will be returned upon cancellation and the value of restricted funds that will be removed from the participantโ€™s Account. If the participant elects to proceed with cancellation, unrestricted funds remaining in a participantโ€™s interactive gaming account will be returned in accordance with the terms and conditions.

    GAMBLING PROBLEM:

    Gambling problem? Call 1-800-GAMBLER (Available in the US)

    Call 877-8-HOPENY or text HOPENY (467369) (NY)

    Call 1-800-327-5050 (MA)

    21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), 1-800-981-0023 (PR). First Bet Offer for new customers only. In partnership with Kansas Crossing Casino and Hotel.

    See BetMGM.com for Terms. US promotional offers not available in New York, Nevada, Ontario, or Puerto Rico.

    IMPORTANT TERMS:

    1. This Sports Promotion cannot be used in conjunction with any other BetMGM Sportsbook promotion.
    2. The Promoter will have complete discretion over interpretation of these Terms and Conditions and administration and operation of this Sports Promotion. Decisions of the Promoter will be final and binding in all matters related to this Sports Promotion. The Promoter reserves the right to change or end this Sports Promotion for any reason, including, without limitation, if required for legal and/or regulatory reasons.
    3. By entering and/or claiming this Sports Promotion, each Participant agrees for Participant and for Participantโ€™s heirs, executors, and administrators (a) to release and hold harmless Promotion Entities, and each of their respective officers, directors, and employees (collectively, โ€œReleased Partiesโ€) from any liability, illness, injury, death, loss, litigation, or damage that may occur, directly or indirectly, whether caused by negligence or not, from such Participantโ€™s participation in this Sports Promotion and/or his/her acceptance, possession, use, or misuse of Bonus Bets or any portion thereof (including any travel related thereto); (b) to defend and indemnify Released Parties from any and all claims or liability resulting or arising from this Sports Promotion and to hereby acknowledge that Released Parties have neither made nor are in any manner responsible or liable for any warranty, representation, or guarantee, express or implied, in fact or in law, relative to Bonus Bet(s), including express warranties provided exclusively by Bonus Bet provider that are sent along with the Bonus Bet(s); (c) to the posting of such Participantโ€™s name on the Promoterโ€™s website, social media accounts, and/or mobile application and the use by Released Parties of such name, voice, image, and/or likeness for publicity, promotional, and advertising purposes in any and all media now or hereafter known (including, without limitation, on the internet and social media), throughout the world in perpetuity, without additional compensation, notification, permission, or approval, and, upon request, to the giving of consent, in writing, to such use; and (d) to be bound by these Terms and Conditions and to waive any right to claim any ambiguity or error therein or in this Sports Promotion itself, and to be bound by all decisions of the Promoter, which are binding and final. Failure to comply with these conditions may result in disqualification from this Sports Promotion or forfeiture of Bonus Bet(s) at the Promoterโ€™s sole discretion.Released Parties shall not be liable to any Participant or any other person for failure to supply Bonus Bet(s) or any part thereof, by reason of any acts of God, any action(s), regulation(s), order(s), or request(s) by any governmental or quasi-governmental entity (whether or not the action(s), regulations(s), order(s) or request(s) prove(s) to be invalid), equipment failure, terrorist acts, earthquake, war, fire, flood, explosion, epidemic, pandemic, public health emergency, unusually severe weather, hurricane, embargo, labor dispute or strike (whether legal or illegal), labor or material shortage, transportation interruption of any kind, work slow-down, civil disturbance, insurrection, riot, or any other cause beyond Promoterโ€™s sole control (a โ€œForce Majeure Eventโ€). A Force Majeure Event expressly includes (i) an outbreak or resurgence of COVID-19 (as defined by the World Health Organization, which, together with any related strains, variants and mutations thereof and other similar infectious diseases, are collectively referred to herein as โ€œCOVID-19โ€) or, (ii) action, order, regulation or guidance taken or issued by a government authority in response to an actual or threatened outbreak or resurgence of COVID-19.Released Parties are not responsible for and shall not be liable for: (i) any incorrect or inaccurate information, whether caused by Participant, printing errors or by any of the equipment or programming associated with or utilized in this Sports Promotion; (ii) technical, hardware, software, or telephone failures of any kind, lost or unavailable network connections, or failed, incomplete, garbled, or delayed computer transmissions which may limit or interfere with Participantโ€™s ability to take part in this Sports Promotion; (iii) unauthorized human intervention in any part of the entry process of this Sports Promotion; (iv) technical or human error which may occur in the administration of this Sports Promotion or the processing of entries; (v) late, lost, delayed, misdirected, incomplete, unreadable, inaccurate, undeliverable, damaged or stolen entries or notices (including winner notifications, if applicable); (vi) data corruption, theft, destruction, unauthorized access to or alteration of entry or other materials; (vii) any printing, typographical, human, administrative or technical errors or omissions in any material associated with this Sports Promotion; (viii) any injury, loss, costs, expenses or damages to persons or property (including, but not limited to, damage to any computer system or mobile device related to participation in, accessing or downloading information related to this Sports Promotion) which may be caused, directly or indirectly, in whole or in part, from Participantโ€™s participation in this Sports Promotion or any related activity; (ix) any illegal activity by Participant or anyone acting in concert with Participant; and/or (x) any cancellations, delays, diversions or substitutions or any act or omissions whatsoever by any persons.
    4. BetMGM reserves the right to alter, discontinue or terminate this Promotion, or any aspect of it, at any time, with or without notice, in the event that the Promotion is not capable of running as planned, including without limitation if there has been any printing, production, distribution or other error in any promotion communication or on the platform, or where there has been any error in the preparation for or conduct of any promotion affecting the result of this Promotion or the number of participants or the value of claims.
    5. BetMGM reserves the right to suspend, change or cancel this Promotion in its entirety or exclude any individual or individuals from participation if it determines at its sole discretion that there is fraud or there are any irregularities or abuses occurring in connection with this Promotion.
    6. BetMGMโ€™s General Terms and Conditions, Terms of Service, and Privacy Policy apply.
    7. Each selected potential winner will be notified of any applicable awards via push notification, in-app inbox message, in-app banner message, email and/or telephone.
    8. This Sports Promotion is subject to all applicable federal, state and local laws and regulations and is void where prohibited or restricted by law.
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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.

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.