Sunday is the final day of the college basketball regular season and there is still time to take advantage of BetMGM’s great offer. Right now, BetMGM Sportsbook is offering up to $1,000 in bonus bets if your first bet loses when you sign up with the BetMGM bonus code LABSTOP.
While there are some premiere CBB matchups throughout the day, if those markets are not to your liking, you can use the BetMGM offer for any sport and market of your choosing. Remember to use the BetMGM bonus code LABSTOP at sign-up to lock in your bonus bets in case your first bet goes south.
If you’re in Massachusetts, you can also use bonus code LABSTOP for $200 in bonus bets with no deposit required. Based on past state launches, you’ll need a deposit to claim any bonus once online sports betting goes live on March 10.
This offer is an excellent opportunity for all bettors. If you are a new bettor and looking to get started, this is a great way to give yourself a chance to start out on the right foot. Though, if you are an experienced bettor and don’t have an account at BetMGM, this is the time to join, as you can up your bankroll significantly.
Again, just use BetMGM bonus code LABSTOP when signing up and go through the checklist to help you secure the offer. If you’re in Massachusetts, read more about how you can claim $200 in bonus bets from BetMGM Mass ahead of launch.
$1000 FIRST BET BONUS OFFER!
How to use BetMGM’s offer on Sunday
The top two teams in the AAC will square off, but this matchup will not decide the regular season title. Houston has a three-game lead over the Tigers, but Memphis will be motivated to boast their resume before Selection Sunday.
Houston is the No. 1 team in the country, but the Memphis Tigers a team that can hang with them. Kendric Davis has tremendous for Memphis and he will be a challenge for an unmotivated Cougar defense.
KenPom has the Tigers projected to be six-point underdogs and that line is great value as Memphis will be healthy, motivated and be at home for this one.
How the BetMGM Bonus offer works
Since you could use your BetMGM bonus offer on one of tonight’s college basketball matchups, let’s go over how it works to ensure success.
- If you win your first bet: If the first bet you place at BetMGM wins, you keep the wager and the winnings. It will then become real cash that is withdrawable.
- If you lose your first bet: Your account will be credited with bonus bets equal to the amount you wagered. However, you must remember, to see the full $1,000 back in bonus bets, it requires depositing and wagering the max of $1,000. If you deposit and bet only $100 and it loses, you’ve got yourself $100 in bonus bets. If you deposit and bet $500, you’d get $500 back in bonus bets, and the same applies to any amount.
So, suppose you deposit $500 and bet it all on Memphis +6 (-110) against Memphis this Sunday at BetMGM.
- If the Tigers cover, your profit is $454.54, and you keep the original $500. You’ve now got yourself a grand total of $954.54 in your account. You can withdraw all of this.
- If the Tigers don’t cover, you get $500 back in free bets.
Refer a friend with BetMGM
If padding your bankroll without actually placing a bet sounds good to you, then you’ll want to check out BetMGM’s “refer a friend” bonus. BetMGM allows users to refer up to 20 friends, and each time that one of your friends signs up, both of you will receive a $50 in bonus bet.
For you to claim your bonus, your friend will need to make their first deposit and place their $50 of bonus bets on any side, total, or prop at -200 odds or greater.
How to claim the BetMGM Bonus Code
- Download the BetMGM app.
- Sign up and register your account.
- Deposit into your account.
- Enter the BetMGM bonus code LABSTOP when prompted.
- Place your first bet on any side, total, or prop for any event up to $1,000.
- If your bet wins, you will be paid out in cash.
- If your bet loses, your wager will be returned in bonus bets that will be available after the wager is settled.
- The bonus bets must be used within seven days of being awarded, or they will expire.
