You can now find two BetMGM bonus code offers in most BetMGM sports betting states, besides New York, Nevada and D.C. Whichever offer you select, you’ll need to set up a new account and make at least a $10 deposit with the corresponding bonus code to qualify.

Here’s the two bonus codes and how they work on Thursday:

Your first deposit of $10 or more is matched at 20% with BetMGM sports bonus funds. For example, if I made a $100 deposit, I earn $20 in sports bonus to use within seven days on the BetMGM mobile app.

Next, there isn’t a first bet required to earn the bonus. However, you’ll need to cash bet 10x the bonus earned to access cash winnings in your account. In the example above, I would need to wager a total $200 in cash bets within 30 days to meet the requirement.

Alternatively, you can select one of the highest-value first bet insurances across top sports betting sites. This promo is easy to navigate and plays out two different ways depending on the outcome of your bet.

A win profits cash and returns the stake just like any other winning bet. Meanwhile, if you miss your first bet, BetMGM reimburses your stake loss with bonus bet payments to use within the platform for seven days.

Yes, BetMGM doesn’t require certain markets or odds to qualify for the first bet insurance or as part of your betting requirement with the deposit match. One of the games I’m excited to watch is the Edmonton Oilers vs. the Dallas Stars on Thursday night.

Both of these teams have the chance to win the Stanley Cup and are extremely talented. Similarly, both teams have yet to get over the hump with so much talent on the roster and only so much time in the championship window.

While Thursday night offers riveting NHL and NBA playoff games, any sport you prefer can be used to activate the BetMGM offers.

Remember, there isn’t a first bet required to activate the sports bonus. However, this promo can be tricky since you have to follow a few requirements after the deposit.

Imagine I make the $100 deposit and earn $20 in sports bonus. I can use either type of funds for my first bet but there’s a key difference whether I use the cash or the sports bonus.

If I wager the $20 in bonus, I can profit cash if the bet hits. However, I can’t access the cash winnings until I meet the 10x wagering requirement within 30 days.

If I used the $100 of deposited funds, whether the bet wins or not, that counts as $100/$200 for the wagering requirement. If I win that bet, I now have cash profits that I can use again to meet the rest of the requirement.

The first bet insurance offer is much easier in my opinion but is better utilized if you want to make a bigger wager. Let’s say I placed $1,000 on the Edmonton Oilers to win the series 4-2 at +450.

Just like the sports bonus from the deposit match, bonus bets are valid for seven days from when they hit your account and can be used to fund wagers within BetMGM.

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