Updated: Oct 26, 2022
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BetMGM has an impressive selection of bonuses and promotions.
We particularly like the offers featured here because they are tailor-made for sports bettors.
Too many times, you find online gaming platforms adopting a one-size-fits-all approach to bonuses. Well, it doesn’t.
The fact that many players like what BetMGM offers only prove our point. So what can you expect from this app?
The BetMGM sportsbook welcome bonus will impress you right from the start.
This is a risk-free first bet bonus of up to $1,000. There are many new customers offers like this one, yes, but few are zero wagers.
Most are laden with wagering restrictions that make you wonder why you claimed the bonus in the first place.
Regular bettors have not been forgotten here. With many sport-specific offers up for grabs, you will find something of interest.
BetMGM Sportsbook Promo Code
Imagine placing a bet in which you know you can’t lose.
Whatever happens, the least you can expect from that wager is your money back in bonus cash. Sounds unfair, doesn’t it?
Well, this awaits all new customers in BetMGM Sportsbook.
On creating a new account, you can claim a risk-free bet of up to $1,000 or bet 10 win 200 special promo for all sports.
There are two things you need to do to get this offer. The first one is to deposit at least $10 into your new BetMGM account.
You will also need to use the bonus code ‘BESTODDS‘ to cash in on this bonus. It’s that simple.
You can also just use the links featured on the site, and the bonus will be applied automatically.
So how does it work? When you claim this bonus, you first bet with your deposited funds. You are probably wondering what sort of offer this is—but hold on, we will explain.
The risk-free bonus applies to your net losses. So if you wager and win, it’s not activated.
The best part is that this bonus is zero-wager.
Learning about bonuses is always easy when you know what you are referring to. Here are some definitions to help get you started.
- Total Bonus Available: It is the maximum value you can claim in a bonus.
- No Deposit Bonus: You need not make an initial investment to claim this offer, it’s available on signing up.
- Free Bet Offer: With this offer, you can make a free bet in the sportsbook but it will usually limit you to specific odds.
- Risk-Free Bets: This bonus covers all your net losses up to a specified amount.
- Bonus Code: This is the confirmation you need to input when accepting a bonus. It opens up the full features of a bonus offer.
Do BetMGM Sportsbook’s Promo Codes Expire?
Yes, the BetMGM offer expires; you can’t expect it to last forever. The BetMGM sportsbook welcome bonus expires within 7 days.
Any part of the bonus which remains unused after this point is removed from your account.
BetMGM No Deposit Promo Code
The BetMGM sportsbook does not offer a no deposit bonus. This is not surprising, though. No deposit bonuses are hard to come by.
You won’t usually see these being given out in the sportsbook, but players in the BetMGM casino benefit from a $25 no deposit offer.
BetMGM Deposit Match Bonus
The BetMGM sportsbook does not have a deposit match running at the moment.
BetMGM NFL Special Bonus
Take advantage of the 2020 NFL season special bonus: Players can bet $20 and will win $100 in Free Bets, regardless of their wager’s outcome!
Get $5 For Every Goal Scored
This bonus is valid for the NHL Stanley Cup Final. You need to opt in to this bonus and place a $50 wager or more in any finals match.
A $5 free bet is credited to your account every time a team scores. You can use your free bets in any sport of your choice.
Monday Monda Club
Every Monday, regular bettors in BetMGM can enjoy free bets. The Money Monda Club promotion extends $10 worth of free bets to players who place $50 qualifying wagers the previous week.
$10 Live Freebet
Tennis players have also been treated to a feast of freebie goodness.
This bonus is live for Wimbledon action and is activated when you opt-in and wager $25 on any tennis game during the tournament.
BetMGM will give you a $10 free bet. You can use it to make a live bet in any sport.
BetMGM Risk-Free Bet
The risk-free bet in the BetMGM sportsbook is open to all new players.
You need to opt-in for this offer by inputting the promo code and wagering a minimum of $10 on your first bet. BetMGM will cover all your net losses up to $1,000.
How To Redeem BetMGM Sportsbook Promo Codes
Welcome offers target new bettors, so it’s within the sportsbook’s interest to make sure these are as straightforward as possible.
We feel BetMGM got it right. Let’s show you what we mean.
- Register for a new BetMGM sportsbook app.
- Fund your account with a $10 minimum using various banking methods.
- You will also need to opt into the bonus at this point by typing in the promo code.
- Place a wager on a game of your choice.
- Wait for the outcome of the game. The bonus will be applied if your initial bet loses.
Check Bonus Funds On BetMGM Sportsbook’s App
Checking your bonus balance is a breeze; you can do it straight from the mobile app.
You need to find your way to the account balance section. Here you can view details of your total balance.
Under this section, you will see ‘Bonus Balance,’ this will be updated when you have any bonus cash available.
Your account in BetMGM has an associated inbox.
This is where you will get information on the latest promos and general news from the sportsbook.
When you claim a bonus, you will also find notifications about that here and also on your linked email account.
How Long Do Bonus Funds Take To Arrive?
The BetMGM welcome offer is a risk-free bet. As such, it is only resolved after the outcome of the match has been determined.
You can expect to see bonus funds in your account within 24 hours.
It’s not common, but there might be delays in processing your bonus funds. If this happens, there is no need to panic.
You need only contact the helpful BetMGM customer support agents on the various channels available, and they will find out what’s going on for you.
Playthrough & Wagering Requirements
Wagering requirements are a reality in most bonuses.
Though they do not apply to the BetMGM welcome offer, we will still look at what they are here so that you can understand them.
Wagering requirements will tell you how much of your funds you need to wager for you to access your earnings.
Remember, when you claim a bonus, all your winnings are considered bonus cash.
You can only convert this bonus cash to funds you can withdraw by completing the wagering requirements.
Now, let’s say you find an offer with a 20 times wagering requirement on the bonus + deposit amount. This bonus is a 100% deposit match of up to $250, but you only deposited $100 in your initial transaction.
This means your deposit is $100, and your bonus amount is $100—since it’s a 100% match. You must play through 20 times $200 before you can claim your winnings; that’s $4,000.
You need to deposit and wager through $4,000 of your own money for your winnings to be released.
Sports Specific Bonuses & Promotions
BetMGM sportsbook has many sports-specific bonus offers.
These usually apply to total, cup finals, or other major events. We have listed a few below.
- NBA one game parlay risk-free token
- $30,000 in NBA shop credit
- Receive your stake back on overtime losses in NBA Finals
- NBA one game parlay insurance
- Various NFL betting promos
- Earn 40% or more on parlays
- Bet $20 Win $100
- Get $5 for every goal scored in the Stanley Cup Final
- NHL playoff overtime insurance
Other BetMGM Sport Promos
- Top 5 golfer insurance in the John Deere Classic
- $10 live freebet for $25 wagers on Wimbledon
- One game parlay insurance on the Euros
- Receive your stake back when your team loses in overtime in the Euros
- Receive rewards for completing MLB challenges
- MLS one game parlay insurance
Promos Outside Regular Sign Ups
BetMGM sportsbook offers much more than just direct promotions.
Players here can also take advantage of the early cash-out option.
This offer allows you to secure a portion of your winnings instantly and minimize potential losses.
Another promotion worth noting is “edit my bet.”
Here, you can change any bet to suit the direction you feel the game is going. All straight or parlay bets that offer cash out can be edited.
Refer A Friend
Our BetMGM sportsbook bonus review did not find any refer-a-friend promotions.
This would be a welcome addition as we have already seen other sportsbooks offering such.
- Hit the cycle challenge
Promos Worth Considering
- Basketball and Blackjack bet and get
The BetMGM sportsbook app is currently live in 17 states.
You will find the same bonuses and promos across these jurisdictions.
We support this, too, as you wouldn’t want to be the one receiving the inferior bonus just because of the jurisdiction you are betting from.
RatingGet $200 In Free Bets When Betting $10 Or $1,000 In Free Bets