BetMGM Bonus Code SHNEWS1500 Earns Your 20% Match or $200 All Week
· 2023-10-19

BetMGM Bonus Code SHNEWS1500 Earns Your 20% Match or $200 All Week

BetMGM Sportsbook currently offers two bonus code introductory offers for new customers in all locations besides D.C. and New York. After setting up a new BetMGM account, new bettors can pick one of the following deals:

Click the module below or download the BetMGM mobile app and use a BetMGM bonus code to grab one of two immense introductory offers from BetMGM, one of our favorite sports betting sites.

 

Which markets qualify for the BetMGM promo?

An example of a market available once you make the first deposit is the MLB Playoffs. Wednesday night features another solid matchup between the Houston Astros and the Texas Rangers.

The Astros find themselves down 2-0 and now travel on the road to the Rangers. Even though it would be shocking for the seasoned team to go down 3-0, the Astros are underdogs in Game 3 at +112.

Terms of the BetMGM intro deals

Both BetMGM offers are easy to navigate for a new bettor. We’ll outline all the details you need to know for whichever offer you choose to activate.

First, the deposit match deal earns bonus bets instantly from the deposit alone. It requires a minimum $10 deposit which would earn $2 in bonus while a maximized deposit can earn $1,500 in bonus bets.

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While no initial wager is necessary, customers will need to wager 10x the bonus earned within 30 days. This means a $100 deposit, for example, would earn a $20 bonus and you would need to wager a total of $200 within that 30 day window.

Conversely, if you choose the Bet and Get deal, you’ll need a $10 deposit and wager on any market or odds. The bet alone earns the $200 in bonus bets whether it hits or misses.

Any bonus bets from BetMGM Sportsbook are valid for seven days in your account and can be used across the platform. Here’s how to sign up for either offer.

  1. First, head to the BetMGM promotion page.
  2. Set up a new BetMGM account.
  3. Make a minimum $10 deposit for either deal.
  4. Use bonus code SHNEWS1500 or SHNEWSGET depending on the promo.
  5. The Bet and Get deal requires at least a $10 wager.

 

MLB playoffs with BetMGM deposit match

For this example, let’s say you choose the deposit match offer and make a $1,000 deposit earning $200 in bonus bets. While you didn’t need an initial wager to earn the bonus bets, you’ll need to wager both cash and bonus bets with the new account.

The $200 in bonus earned means you need to wager $2,000 (10x$200) within 30 days. If you placed the $1,000 cash deposit on the Astros +112 to bounce back in Game 3, it would count towards the wagering requirement and potentially net $1,120 in profit and the stake returned.

Alternately, assume you place the $200 in bonus bets on the same odds. Bonus bets disappear when used as funds for a wager; however, a win would pay $224 in cash.

This cash would be available to place on another wager or withdraw as soon as you meet the 10x wagering requirement in the first 30 days.

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