Sign Up Bonus
The BetMGM promo code for new bettors is worth up to $1,000 in the form of risk-free betting. Risk-free bets are essentially wagers that are insured by the sportsbook to account for any potential losses, just like you would insure a vehicle or a house. Sportsbook promos and bonuses are common, but BetMGM’s are very lucrative.
First-time BetMGM users will be able to use the BetMGM bonus code to place their first bet with the guarantee that up to $1,000 will be protected. All winners will receive the usual payouts, while any losing bets will see customers granted the amount that they risked up to $1,000 in the form of free bet tokens.
These free bets are essentially vouchers of a native currency that can be applied to betting lines and then turned into cash, although they cannot be withdrawn for real-world money.
Bettors don’t need an exclusive BetMGMpromo code to claim the offer, but using one can take you directly to the registration page and will automatically enroll you in the offer.
BetMGM Sportsbook Sign Up Bonus Terms
Several terms and conditions that apply to the BetMGM promo code used during sign-up. The first and most obvious is that all users must be at least 21 years old and in any state where the BetMGM sportsbook is legal.
“Where is BetMGM legal” you might ask? A list of those states can be found above.
Bettors do not need to use the full $1,000 to redeem the offer, although they will not be able to apply it in full later or use it on multiple bets. If the qualifying bet loses and is at least $51, BetMGM will send five equally-distributed free bet tokens. Qualifying bets that miss and are $50 or less will go on one free bet token.
Free bets must be used within 14 days of landing in your account. They can be used anywhere on the BetMGM menu but cannot be transferred to another sportsbook.
The deal expires at the end of 2022. All bettors redeeming the opportunity must first deposit and bet at least $10.
BetMGM Loyalty Bonus
BetMGM has cultivated a hardcore fanbase through the introduction and continued use of its loyalty bonus, which is one of the reasons it performed so well in our BetMGM reviews. Essentially, all BetMGM mobile app users can accumulate rewards points that can roll over to opportunities at MGM properties.
All that BetMGM patrons have to do to start earning points is place bets, sit back and wait to see the results. Whether your bets hit or miss, you will be progressing through the BetMGM loyalty program.
A few examples of rewards that can be unlocked are lower resort fees and later checkout times, free tickets to MGM Rewards concerts, free travel to Las Vegas, and suite upgrades for up to three nights.
The type of reward that you are eligible for depends entirely on the tier that you are in, which can be found in your BetMGM mobile app. Players can move up tiers the more time that they spend with the BetMGM sportsbook app.
The only major drawback to the rewards program is that players cannot combine their points into one central account across sportsbooks in different states, even if they are all under the BetMGM brand. That means that someone in the pearl tier in Virginia that travels to New Jersey will have to start at the bottom of the tiers.
Over 20 MGM destinations and resorts accept BetMGM rewards credits. Tiers include Gold+, Platinum+, and Pearl+.
Credits can also be used to unlock betting opportunities with free plays in online sports betting online casino, and poker.
Mastercard customers also have a leg up in gathering rewards as BetMGM dishes out extra loyalty points for anyone who uses Mastercard to make deposits on the BetMGM app.
Going hand in hand with the BetMGM rewards program is Borgata Online Rewards, a program that helps customers of the Borgata Online Casino in Pennsylvania and New Jersey accumulate rewards points. These points can then be used to activate rewards at MGM properties, including dining, stay, and luxury.
The BetMGM loyalty program is available in the following states: Colorado, Indiana, Iowa, Louisiana, Michigan, Mississippi, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming, as well as Washington, D.C. Our BetMGM review will provide more details on different bonuses.
Customers will be enrolled in the loyalty program once they finish their registration and begin betting with BetMGM.
BetMGM: Refer to A Friend
BetMGM bonus codes apply to a variety of areas and are extremely valuable during registration and can help you start with extra money in your account; ongoing promotions such as odds boosts can help you win even more money than usual; the BetMGM loyalty program allows users to redeem prizes with points they accumulated in the BetMGM mobile app; but still, there is yet another way to earn prizes with BetMGM.
You’ve heard desperate show owners tell you to “tell a friend!” whenever you are walking out the door with your purchase—the difference between those other places and BetMGM is that they will reward both you and a friend for creating an account, whicb is another point in their favor in the BetMGM review.
If you get someone you know to register with BetMGM, both you and that person will receive $50 in free bets. Just like the welcome deal, free bets can be applied to any bet on the BetMGM sportsbook, regardless of sports or type of wager.
You can refer up to 20 friends to BetMGM and will receive prizes every time. That means that if you max out the 20-person opportunity, you will earn $1,000 in free bets! Combine that with the $1,000 that you can earn during registration and you could have up to $2,000 in bonuses from the get-go.
To get involved with the deal, you have to either create or log in to your existing BetMGM account—once you have done so, get your referral link and send it to your friends. Once they have used that link to sign up and placed their complimentary $50 free bet, you too will have $50 in free bets waiting for you.
As is the case with any other promotion, the BetMGM refer-a-friend bonus is only active in states with legal sports betting and where the BetMGM sportsbook is regulated. Players also have to be at least 21 years old to access the sportsbook.
Your friend must also sign up within 30 days of receiving the affiliate link to activate the bonus. Free bets earned during the process will expire after 30 days and must be placed on bets with maximum odds of -200.
Other terms and conditions apply and can be found on the BetMGM website. Any questions about the referral bonus or other promotions can go through the support desk, which we will touch on later in this BetMGM betting guide. Continue reading to find more information.3:Other Ongoing Promotions and Bonuses
In this BetMGM review, we have already highlighted BetMGM promo codes, registration benefits, and referral bonuses, but there are plenty of other ways to unlock more special opportunities on the sportsbook menu.
The offers are ever-changing and designed to be competitive with the other top sportsbooks like FanDuel and DraftKings. Without further ado, here are just a few of the many deals that bettors can find on BetMGM.
First Touchdown-Scorer Insurance
One of the most popular bets on NFL betting sites like BetMGM is for the first touchdown scorer, which is a prediction of which player (from both teams) will be the first to cross the pylons.
As an added bonus to betting on the most exciting event in football (a touchdown), BetMGM will cover up to $25 in the form of free bets for any missed first touchdown scorer bets. These free bets can be used anywhere on the BetMGM sportsbook menu but are not able to trigger other promotional opportunities for free bets or any other prize.
NFL Same-Game Parlay Insurance
The NFL season brings much more than just first touchdown scorers—one of the biggest attractions is parlays, which are multi-staged bets with higher payouts than traditional bets but that come with more risk.
Throughout the 2022 NFL season (and potentially beyond, although that has not been confirmed), BetMGM will refund up to $25 in the form of free bets for any parlays of at least four legs that miss by one leg. Think of this as insurance against a “bad beat,” the worst outcome for any gambler who was nearly spot-on but would otherwise go home empty handed.
First Basket-Scorer Insurance
Similar to the first touchdown scorer bet, the first basket scorer is tremendously popular on BetMGM and other NBA betting sites. Customers have to pick which player will make the first basket in the entire game, not just on a per-team basis, but with very high payouts compared to spreads, totals, or traditional props.
This deal runs throughout the 2022-23 NBA season and will see bettors receive up to $25 in free bets for missed first basket-scorer bets. You will be able to use your free bets anywhere on the BetMGM sportsbook menu but cannot withdraw them as cash. However, those same free bets can be used to win cash on BetMGM.
NHL Same-Game Parlay Insurance
BetMGM and other NHL betting sites might target a smaller demographic of fans, but that does not mean that those fans are being left out to dry. BetMGM’s NHL same-game parlay insurance helps protect against missed parlays in hockey by returning your stake up to $25 in the form of free bet.
As you may have figured out by now, the same-game parlay insurance will protect against parlays that miss by one leg. Different bets that can be added to an NHL parlay include the moneyline, alternate points totals, goal-scorers, clean sheets, and much more.
EPL Same-Game Parlay Insurance
The English Premier League (EPL) is the crown jewel of BetMGM’s soccer betting sites. It contains the game’s best and brightest stars, draws the most interest and revenue of all major soccer leagues worldwide. There are 20 teams in the league that fight for spots in top leagues and to avoid relegation to a lesser league.
EPL same-game parlay insurance applies to parlays placed specifically in the EPL, not to be confused with the EFL or any other professional English soccer leagues. Players will be refunded with free bets worth the amount they risked up to $25 for any parlays of at least four legs that miss by one leg.
MLB Same-Game Parlay Insurance
BetMGM and other MLB betting sites frequently offer special deals for baseball bettors, and in the case of BetMGM, that deal was same-game parlay insurance guaranteeing bettors up to $25 in risk-free betting for parlays of at least four legs that missed by one leg. However, this one comes with a bit of a caveat.
The same-game parlay insurance was guaranteed through the 2022 MLB season, which ended in early November. There is no guarantee that the deal will return, although it is very possible. In the event that the same-game parlay protection does disappear permanently, other BetMGM promos can be expected to fill the void.
Offers may change over time—check the BetMGM promotions page and your inbox (once you have finished creating an account) to stay up to date with the latest deals.