You can use the BetMGM bonus code for a choice between a 20% deposit match up to $1,600 in bonus or a $1,500 first bet on the house.

Here are the two promos with the correlating BetMGM bonus code you can use at sign up:

You can earn sports bonus funds to use within BetMGM when making your first deposit on the platform using the BetMGM bonus code SHNEWS1600. You’ll need at least a $10 deposit to get started and follow a cash betting requirement after earning the sports bonus.

BetMGM requires you to cash bet 10x whatever the bonus is in the first 30 days of opening your new account. For example, a $100 deposit, earning $20 in sports bonus, would require $200 in total cash bets to access any cash winnings in your account.

Additionally, you’ll need to use the sports bonus funds within seven days to avoid expiration.

The alternate sports betting promo is a first bet insurance that covers your first bet up to $1,500 if it doesn’t go your way. You can access this promo with the BetMGM bonus code HANDLETOP, applied when making your first deposit of $10+.

If you nail your first bet, it is treated as a normal winning bet on the platform that profits cash and returns the stake. However, no bonus bets are earned in that outcome.

Imagine I want to grab plus money on Monday night such as a +300 pitcher player prop for the Pittsburgh Pirates vs. San Diego Padres.

BetMGM reimburses you with the exact dollar amount of your stake, if it loses, in the form of bonus bets. These bonus bets deposit on a certain schedule depending on the size of your first bet.

$50 or less — You receive one single bonus bet that matches your stake loss

$51 or more — BetMGM sends five bonus bets each worth 20% of your stake loss such as five payments of $20 bonus bets if you bet $100

Each bonus bet must be used in its entirety on any straight bet on the platform. You play the bonus bets for potential cash but the bonus bets disappear after use since they can only be used once.

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