BetMGM Bonus Code | Latest BetMGM New User Promo for 2024
Using BetMGM Sportsbook bonus code GAMBLINGCOM, new bettors can make their first bet without worry. We’ve reviewed this BetMGM bonus code for new customers, as well as their available ongoing bonuses, special offers, and rewards program.
For complete details about what you can expect when you sign up, check out our in-depth BetMGM Sportsbook review.
Latest BetMGM Promo Code for New Users
How to Claim BetMGM Welcome Offer
These are the steps you need to follow to claim this BetMGM offer:
- Sign up by clicking (or tapping if you're on a mobile device) the button in the BetMGM banner above.
- Type in BetMGM Sportsbook bonus code GAMBLINGCOM when signing up.
- Deposit at least $10 into your account.
- Bet at least $1.
- If your first bet loses, you'll be refunded your initial wager amount up to $1,500 in the form of bonus bets.
Do You Need a BetMGM Sportsbook Promo Code?
Yes, you need a promo code to qualify for this exclusive BetMGM $1,500 first bet refund. Make sure you use the BetMGM bonus code GAMBLINGCOM when signing up to claim the welcome offer.
BetMGM Welcome Offer Terms & Conditions
It’s important to read the full terms and conditions for the BetMGM welcome offer. We’ve provided some of the most important terms below:
- Minimum deposit of $10
- Minimum qualifying wager of at least $1 at standard odds
- Maximum refund is $1,500 in bonus bets
- Bonus bets expire after 7 days
Note that BetMGM can change or end the promotion for legal or regulatory reasons.
Who Can Claim Welcome BetMGM New User Promo?
The BetMGM bonus code offer is available only for new players who have not previously signed up for a BetMGM account. Once you claim this new customer offer, you cannot claim any other welcome bonuses.
BetMGM will verify eligibility and can refuse participation based on wagering history. Accounts previously closed, suspended, marked as fraudulent, or in cool-off status are not eligible.
You must be at least 21, even if you're located in a state where the minimum betting age is set to 18. You must be located in a state where BetMGM offers online sports betting (see the list below).
Where Can You Claim BetMGM Sportsbook Promo Code?
You can claim the BetMGM Sportsbook promo code for new users in the following states:
Note: BetMGM promotional offers are unavailable in Mississippi, New York, Nevada, or Puerto Rico.
Pros & Cons of BetMGM Welcome Offer
- First Bet Offer significantly larger than most competitors' offers
- Bonus paid back in multiple bonus bets rather than one lump sum
- No odds minimum on first bet
- Riskier than some competitor's offers
- Only have 7 days to use bonus bets before expiration
Comparing BetMGM Welcome Offer
You should assess your risk tolerance when comparing sportsbook promo codes. If you’re a high roller, the BetMGM welcome offer may be for you because you will need to make a large first bet to make the most of the offer. The first-bet Caesars Sportsbook promo is worth up to $1,000 in bonus bets. However, one major difference is you receive a single bonus bet as one lump sum if you lose your bet.
If you want to assume less risk, an offer that requires a small first bet (such as the DraftKings Sportsbook promo) might be more your style. You’ll get your bonus bets, win or lose. The welcome FanDuel Sportsbook promo is similar, but you must win your first bet to claim the bonus bets.
Why Choose this BetMGM Bonus?
BetMGM’s current welcome offers the biggest bang for your buck to jumpstart your bankroll. There’s no such thing as a sure thing in sports betting, but BetMGM’s offer is as close as it gets.
If you win your first bet, you get your winnings. If you lose, you get bonus bets that you can use to recoup as much of your loss as possible. You can’t beat the value of potentially $1,500 in bonus bets to start your sports betting journey.
Ongoing BetMGM Promotions for Existing Customers
Once you've signed up and claimed that welcome bonus, the folks at BetMGM are going to want to have you coming back day after day. One way they achieve that is by offering regular promotions for existing customers. To take advantage of these, you're going to want to keep an eye out because they come and go.
Also, bear in mind that the promotions vary from state to state. BetMGM offers a solid user experience, but this is one area in which the sportsbook comes up short. On the home page, they list all of their current promotions, but they might not all be available to you depending on your location.
To see promotions specifically for you, you need to tap on "Promotions" in the menu at the bottom of the screen.
For all BetMGM promotions that you opt-in to, make sure you read the complete terms to learn about offer conditions. For example, bonus bets generally expire in seven days.
MLB Promotions
BetMGM caters to fans of MLB betting sites. You can now take advantage of a free-to-play game to win prizes, from odds boost tokens to bonus bets.
Each day, step into the batter's box and play "Swing for the Fences." Your daily reward depends on the outcome of your at-bat. For instance, if you knock a single, you'll receive a parlay boost token and if you slam a home run, you'll claim a bonus bet. This contest lasts through the end of the regular season in September, so it's to your benefit to play every day.
All prizes must be used on MLB betting markets and expire in 24 hours.
Tournaments & Jackpots
Occasionally, BetMGM runs tournaments or jackpot promotions. For instance, now you can enter the sportsbook's MLB Grand Slam Jackpot. How does it work?
You can enter up to three days a week (Friday, Saturday and Sunday) by wagering at least $10 on a player to hit a home run. If that player smacks a grand slam, you'll win $50,000 in bonus bets, split evenly among other entrants who picked that same player. You'll also receive your regular winnings from the bet hitting, so there's that too.
NBA Promotions
During the season, you can expect regular NBA betting site promotions from now until a champion is crowned.
During the Finals, for example, you could take advantage of the NBA Odds Boost Token promo and get a 33% bigger payout.
Boosts
BetMGM offers a variety of odds boosts and parlay boosts, such as the multi-sport parlay boost, throughout the year. These boosts will increase the potential payout of your bet. For example, your three-leg parlay bet of $100 might have odds of +1000.
With the multi-sport parlay boost of 25%, your odds will now be +1250 and your potential payout would be $1,350 (including your stake).
Referral Promo
The BetMGM "Refer A Friend" promotion offers bonuses to both you and your friends who sign up and meet wagering requirements for sports betting. The current referral bonus is available from January 1 to December 31, 2024, with a limit of 20 referrals per month.
Responsible Gambling with this BetMGM Bonus Code
Like any reputable sportsbook, BetMGM is an ardent supporter of responsible gambling and, as such, it provides sports bettors with online tools to stay in control of their gambling even after they’ve used the bonus bets they’ve claimed via the welcome offer.
You can easily set time and spending limits on the app or the desktop version of the BetMGM platform. You can also enable a time-out or self-exclude if you feel like your gambling is getting out of control.
Scroll down to the "Responsible Gambling" section to access tools and get more information.
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