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BetMGM Bet $10, Get $200

Starts On
Nov 20
Promos Type
Second Chance Bet Up To $1,500
Sportsbook
BetMGM Sportsbook
Published:Oct 17, 2021
Updated:Sep 21, 2025
Sadonna PriceSenior Writer
Alex Ford
Fact Checker

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Note: This offer is currently paused in favor of the Second Chance Bet up to $1,500 offer.

BetMGM is one of the most trusted names in U.S. sports betting and online casino gaming. New players can choose from multiple welcome offers depending on their state, including a Bet $10, Get $150 sign-up bonus or a $1,500 First Bet Offer. BetMGM also features ongoing promotions, referral rewards, and casino bonuses that provide continued value beyond the first deposit. Below we break down everything you need to know about BetMGM promotions, including sportsbook and casino offers, wagering requirements, bonus strategies, and state-by-state availability.

BetMGM $150 Welcome Bonus

The most widely available BetMGM sign-up deal is the Bet $10, Get $150 bonus. This promotion is currently active in Michigan, New Jersey, Pennsylvania, and West Virginia. To qualify, register for a new account, deposit at least $10, and place a $10 wager on any sporting event. If your first bet wins, BetMGM credits $150 in bonus bets to your account. The $150 is issued as multiple bonus tokens that expire after seven days. Only the winnings from bonus bets can be withdrawn, not the bonus stake itself. This promotion is a low-risk way for new players to get started with BetMGM and is especially attractive for bettors looking to stretch a small deposit.

BetMGM $1,500 First Bet Offer

In most states, BetMGM’s primary welcome promotion is the $1,500 First Bet Offer. After signing up and depositing at least $10, new users receive a special token for their first wager. If that opening bet loses, BetMGM refunds the stake in bonus bets up to $1,500. If the wager wins, players keep their payout as normal and no bonus is applied. This promotion provides a safety net for higher-stakes players who want extra protection on their first bet. Since bonus bets expire within seven days, it is recommended to plan ahead and allocate them strategically across markets with good payout potential.

BetMGM Casino Bonuses

BetMGM also runs generous promotions for its online casino platform, available in New Jersey, Pennsylvania, Michigan, and West Virginia. New players can claim a no-deposit bonus of $25 (or $50 in WV) simply for registering and verifying their account. In addition, the casino matches first deposits 100% up to $2,500 and grants 100 free spins on popular slot titles. Casino bonus funds are credited instantly and can be used on slots, table games, and other eligible content. Winnings from bonus credits are withdrawable once the one-time wagering requirement is met. This combination of free play and a high-value deposit match makes BetMGM Casino one of the most rewarding options for new users.

Wagering Requirements and Bonus Terms

Like all online sportsbook offers, BetMGM promotions come with specific terms and conditions. The key points to remember include:

  • Expiration: Bonus bets must be used within seven days.
  • Stake not returned: Only winnings are credited back when using bonus bets.
  • Qualifying deposit: A minimum of $10 is required.
  • Eligible markets: Some bet types, such as odds boosts or system bets, may be excluded.
  • One offer per user: Each customer can only claim one welcome bonus.
OfferMin. DepositBonus ValueExpiryWagering Rules
Bet $10, Get $150$10$150 bonus bets7 daysMust win initial $10 bet
$1,500 First Bet Offer$10Up to $1,500 back in bonus bets7 daysBonus only if first bet loses
Casino No-Deposit BonusN/A$25 ($50 WV)7 days1× playthrough
Casino Deposit Match$10+100% up to $2,500 + 100 spins7 days1× playthrough

Best Way to Use BetMGM Bonus Bets

Bonus bets should be used strategically since the stake is not returned with winnings. Placing them on heavy favorites with low odds usually offers little value. Instead, many bettors maximize returns by using bonus bets on underdogs, parlays, or higher-payout props where the potential profit is larger. Bonus bets can also serve as hedges against existing wagers. For example, if you already have a futures ticket on one team, placing a bonus bet on the opposite outcome can provide protection. With multiple tokens provided by BetMGM, players have flexibility to spread bets across sports and markets to test new strategies without added risk.

State Availability

BetMGM Sportsbook is active in more than 20 states across the U.S., but the exact promotion you receive depends on your location.

  • Bet $10, Get $150: MI, NJ, PA, WV
  • $1,500 First Bet Offer: AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MS, NC, NV, NY, OH, TN, VA, WY, and others
  • Casino Bonuses: NJ, PA, MI, WV
    BetMGM also operates in Puerto Rico and Ontario (Canada), though bonus terms differ in those markets. Always confirm the available promotion within your state before registering.

Ongoing Promotions for Existing Users

BetMGM doesn’t stop rewarding customers after the first deposit. Returning players can regularly find promotions under the sportsbook’s dedicated “Promotions” tab, including:

  • Lion’s Boost: Daily odds boosts on featured games.
  • Parlay Insurance: Refunds when a parlay misses by one leg.
  • Refer-a-Friend: Earn up to $100 per referral, with a monthly cap.
  • Seasonal contests: Free-to-play challenges and jackpot opportunities tied to major sporting events.
    These ongoing promotions help BetMGM stand out by delivering consistent value for active users.

BetMGM vs Competitor Bonuses

When compared to rivals like DraftKings, FanDuel, and Caesars, BetMGM stacks up strongly. DraftKings and FanDuel often run “win or lose” Bet $5, Get $200 promos, which provide guaranteed bonus value but at smaller stakes. Caesars leans toward higher first-bet insurance similar to BetMGM’s $1,500 offer. BetMGM’s advantage is offering both styles — a smaller, low-risk Bet $10, Get $150 bonus in select states and a larger $1,500 safety net elsewhere. For casino players, BetMGM’s combination of no-deposit credits, deposit matches, and free spins compares favorably to Golden Nugget and Caesars Casino. The referral program and ongoing boosts add further depth that many competitors lack.

FAQ: BetMGM Bonus Codes and Promotions

What is the current BetMGM bonus code?
Promo codes vary by partner. Common codes include BESTODDS, SQORE, GAMEDAY, ATSBONUS, and BOOKIES. All unlock the same core offers depending on state.
Does BetMGM still have the Bet $10, Get $200 promo?
That promotion has been retired in most states but occasionally resurfaces. The main live offers are Bet $10, Get $150 (in select states) and the $1,500 First Bet Offer.
Do BetMGM bonus bets expire?
Yes, all bonus bets must be used within seven days.
Can I withdraw bonus bets directly?
No, only the winnings from bonus bets can be withdrawn.
Is there a BetMGM casino no-deposit bonus?
Yes, new players receive $25 in NJ, PA, MI and $50 in WV without depositing, along with larger deposit match bonuses.
Which offer is best for new players?
The $1,500 First Bet Offer is best for higher stakes, while the Bet $10, Get $150 promo suits players looking for low-risk entry.

Responsible Gaming

BetMGM emphasizes responsible play. New users must be 21 or older (19+ in Ontario). If you or someone you know has a gambling problem, call 1-800-GAMBLER. State-specific hotlines are also available, including 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), and 877-8-HOPENY (NY). Always review BetMGM’s terms and conditions before participating in promotions, and consider setting deposit or time limits to keep betting enjoyable.

About the Author: Sadonna Price

For almost two decades, Sadonna has remained at the forefront of the gambling industry in the US and abroad, covering the latest news and legal updates. Sadonna’s goal is to provide sports bettors and casino players with premium content, including comprehensive details on the US industry.

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