BetMGM bonus code LABSTOP is ready to help you prepare for a loaded sports week, highlighted by the 2023 NFL Playoffs.
By claiming the BetMGM bonus, you can insure your first wager up to $1,000. In other words, you get your hands on a special insurance policy for sports bettors. Click here to claim it now.
How does the BetMGM bonus offer work, exactly? We’ll explain that in this article, while also previewing current NFL playoff odds at BetMGM Sportsbook. Keep in mind that our BetMGM bonus code isn’t only for NFL bettors. You can use it on any sport that’s in action this week, like the NBA, college hoops, PGA, and UFC.
Let’s start with the BetMGM bonus details, including sign-up instructions, eligible states, and the offer’s terms and conditions.
GET $1,000 IN FIRST BET INSURANCE!
BetMGM Bonus Code – Details for the NFL Playoffs
Here’s how to claim up to $1,000 in first-bet insurance, currently one of the best sportsbook bonuses in the industry:
- Step 1) Make sure you’re in a legal sports betting state, in which the BetMGM Sportsbook is currently active.
- Eligible states include: AZ, CO, DC, IA, IL, IN, KS, LA, MD, MI, NJ, OH, TN, PA, VA, WV, WY
- Step 2) Click here to sign up for a new BetMGM Sportsbook account
- Step 3) Enter your personal information and use the BetMGM bonus code LABSTOP during the sign-up process
- Step 4) Make your first deposit at least $10, using on of BetMGM’s many deposit options
- Step 5) Place your first wager up to $1,000
That’s it! In five simple steps, you’ve claimed this excellent BetMGM bonus offer, just in time for the NFL Divisional playoffs.
Ok, you’ve signed up for a new account, you’ve used our BetMGM bonus code and have your insurance…so what’s next?
How the BetMGM Bonus Works
The BetMGM bonus will be added to your account after your first wager plays out.
If your first bet wins, then you’ll proceed as normal. If it loses, however, BetMGM will refund it in the form of free bet credits.
But how will the bet credit be allocated? Per BetMGM’s Terms & Conditions:
If your Qualifying Bet loses, and the amount is more than $50, you’ll get FIVE Site Credits worth 20% of the Qualifying Bet, up to $1,000. If the Qualifying Bet amount is less than $50, you’ll get 1 Site Credit for the full amount of the Qualifying Bet.
- Example 1: If you place a $1,000 Qualifying Bet and lose, you will get FIVE Site Credits of $200 each.
- Example 2: If you place a $20 Qualifying Bet and lose, you will get a single Site Credit of $20.
Optimize The BetMGM Bonus Code With These NFL Playoff Odds
One of the best ways to get the most out of our BetMGM bonus code is by betting on underdogs. Why? because it increases the expected value of the offer.
For example, if you bet on $100 on a +400 moneyline underdog, you’ll profit $400 dollars if the wager wins. If it loses, you’ll receive $100 in bet credits.
With that said, here’s a look at current underdogs ahead of the Divisional Round matchups:
- Jacksonville Jaguars +333 (at Kansas City Chiefs)
- New York Giants +275 (at Philadelphia Eagles)
- Cincinnati Bengals +300 (at Buffalo Bills)
- Dallas Cowboys +165 (at San Francisco 49ers)
It might be the best sportsbook bonus strategy, but we understand betting on underdogs isn’t for everyone. If you can’t muster up the courage to bet on the Jaguars, Giants, Bengals, or Cowboys to win outright, then you may want to consider betting on the spread or over/under.
BetMGM Divisional Round Odds and Schedule
Saturday, January 21
- Jacksonville Jaguars at Kansas Chiefs (-8.5), O/U 52.5 | 4:30 p.m. EST on NBC
- New York Giants at Philadelphia Eagles (-7.5), O/U 48 | 8:15 p.m. EST, FOX
Sunday, January 22
- Cincinnati Bengals at Buffalo Bills (-5.5), O/U 48 | 3:00 p.m. EST, CBS
- Dallas Cowboys at San Francisco 49ers (-3.5), O/U 46 | 6:30 p.m. EST, FOX
Current Super Bowl Odds at BetMGM
Or you could use the BetMGM bonus code to make a bold Super Bowl prediction. Keep in mind if you do this you won’t receive your bet credits until after the Super Bowl.
In any case, let’s look at current Super Bowl odds according to BetMGM oddsmakers.
- Kansas City Chiefs +290
- Buffalo Bills +325
- San Francisco 49ers +400
- Philadelphia Eagles +500
- Cincinnati Bengals +800
- Dallas Cowboys +900
There are some longshots certainly within reason. Could the Dallas Cowboys make a dark horse run to Phoenix? What about the Bengals.
If I were using the BetMGM bonus code to bet on the Super Bowl, it would definitely be a longshot bet on the Cowboys. It also makes the most sense from the perspective of optimization and expected value.
BetMGM Bonus Code FAQ
Q: What is the current BetMGM Bonus Code?
A: The BetMGM bonus code LABSTOP delivers a $1,000 bonus
Q: Who is the BetMGM bonus code offer for?
A: The BetMGM bonus code offer is only for new BetMGM users 21 and older, who are in an eligible state.
Q: What states are eligible for the BetMGM bonus code offer?
A: You can use the BetMGM bonus code LABSTOP in 16 states across the U.S., plus Washington, D.C. These states include AZ, CO, DC, IA, IL, IN, KS, LA, MD, MI, NJ, OH, TN, PA, VA, WV, W
Q: What sports can you bet on with the BetMGM bonus?
A: You can use our BetMGM bonus code to bet on any sport. NFL, NBA, college basketball, UFC, and PGA are all in action this weekend!
Q: How is the BetMGM bonus allocated?
A: BetMGM bonuses come in the form of site credits, up to $1,000. One site credit will be added for any wager less than $50. Multiple site credits, each 20% of your initial wager. So, for example, if you place a qualifying wager for $1000, and it loses, you’ll receive five $200 site bet credits.
Q: What’s the best way to use your BetMGM Bonus?
A: The best way to use this BetMGM bonus is by placing your first bet on an underdog. Doing so will increase the expected value of the promotion.
