BetMGM is offering new users in most states a 20% deposit match, up to $1,500. That means whatever you deposit, you’ll get 20% extra in bonus bets, up to a max of $1,500 bonus bets.
Here are the two primary offers available at BetMGM on Thursday:
- BetMGM bonus code LABSNEWS1500: 20% deposit match
- BetMGM bonus code FLNEWSGET: Bet $10, get $200 in bonus bets no matter what.
There are no new user offers available in New York, Kansas or Washington D.C.
Claiming Your BetMGM Bonus Code
BetMGM is one of the few sportsbooks with a deposit match right now. Many betting offers are “first bet insurance” or bonus bets no matter what. A deposit match is what it sounds like — whatever you put onto the platform, you’ll get 20% of in bonus bets.
So let’s say you deposit $2,000. You’ll get $400 in bonus bets. But there’s a 10x play-through attached, meaning to get the full allotment of bonus bets, you’ll need to wager 10 times your bonus amount — in this case, $400.
So $4,000 is the total play-through amount. You must wager that much in the first 30 days on the platform — it would be 400 $10 bets or 40, $100 bets. Or anything in between.
The play-through will be tough to hit if you’re not actually betting on the platform, but shouldn’t be too bad if you are. But it’s not nearly as high DraftKings’ 25x requirement for its deposit match.
If this offer feels like too much work, use bonus code FLNEWSGET to get $200 in bonus bets no matter what after a $10 wager. You’ll have a week to use those bonus bets and turn them into cash.
Bonus bets serve as a similar currency for most sportsbooks, where you keep the winnings from bonus bets but not the stake itself. So if you put a $20 bonus bet on Justin Fields to score a touchdown at +180, you’d profit $36 if he does score, but wouldn’t keep the $20 in bonus bets.
BetMGM Bonus Code Sign-Up Details
Here are the key details when signing up at BetMGM:
- Head here, or go straight to BetMGM
- Sign up using all your real info — name, last four digits of your SSN
- Use BetMGM bonus code LABSNEWS1500 at checkout
- Make a first deposit, up to $7,500. Whatever you put in, you’ll get 20% of that in bonus bets.
- Bet at BetMGM to
21+. Gambling problem? Call 1-800-GAMBLER. CO, DC, IL, IN, LA, MD, MS, 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), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Kansas, Nevada, New York or Ontario.
