After setting up a new BetMGM account, you have the choice between two promos in most locations with a corresponding BetMGM bonus code. We’ll walk through the details of each promo along with the bonus code you’ll need for the offer.

BetMGM bonus code: SHNEWS1600

You can earn sports bonus funds from your first deposit on BetMGM with this exclusive deposit match promo. You’ll need to make at least a $10 deposit to begin earning the bonus, $2 in sports bonus for the minimum $10 deposit up to $1,600 in bonus funds for a maximum $8,000 deposit.

While there is no first bet to earn the bonus, you will need to meet a cash betting requirement in the first 30 days of your new account.

Imagine I make a $100 deposit, earning $20 in sports bonus.

I need to cash bet 10x the bonus to unlock any cash winnings in my account. This means I would need to bet at least $200 in total cash bets in the first 30 days.

Once I meet the requirement, any cash profits in my account are freed to withdraw or use however I prefer.

BetMGM bonus code: HANDLETOP

This is the largest first bet insurance you’ll find among top sports betting apps. It covers your first bet of any size on any type of bet in case it doesn’t go your way.

Let’s say you place a $500 bet on a +300 MLB Sunday parlay, including the St. Louis Cardinals and the Chicago Cubs.

The bonus bets are paid out depending on the size of your first bet.

$50 or less — You receive a single bonus bet to cover the bet

$51 or more — You’ll receive five bonus bets each worth 20% of your stake miss

These bonus bets are each treated as single pieces to use on wagers. In the example above, I would receive five $100 bonus bets and each wager would need to use the $100 bonus bet in its entirety.

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering. Bonus Bets Expire in 7 Days. US Promotional Offers Not Available in MS, NY, NV, ON, or PR. Visit BetMGM.com for Terms & Conditions.