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BetMGM Bonus Code ACTION Offers New Users $1,000 for Tuesday Bowls

BetMGM Bonus Code ACTION Offers New Users $1,000 for Tuesday Bowls article feature image

BetMGM Guaranteed Rate Bowl, 12/27/2022

New users can take advantage of BetMGM bonus code ACTION to claim a bet on the house up to $1,000 if their first wager loses. That’s right! If your first bet bounces, BetMGM will give you back your stake in free bets (up to $1,000), no questions asked.

What a jolly belated Christmas gift to receive while enjoying a relaxing holiday season watching bowl games, like Wisconsin-Oklahoma State!

Learn more about BetMGM to see why it is one of the industry’s leading sportsbooks. For those interested in some additional fun and games, be sure to check out Action Network’s BetMGM Casino offer with a value up to $1,025 when you use our casino bonus code ACTIONCASINO.

Bonus Codes for BetMGM by State

It’s worth noting that BetMGM has a variety of new user promotions depending on your location. While most bettors are eligible to receive the $1,000 risk-free bet, others will get a slightly different offer.

Here’s a breakdown of all of the available BetMGM bonus code options along with details for each state where the sportsbook is currently active.

  1. ACTION: A $1,000 first bet on the house.
  2. ACTIONYARD: For users in Maryland, Kansas, Illinois and Louisiana only. Get $200 in free bets if the NFL team you bet throws for 1+ yard. It’s a lower-risk offer than the $1,000 first bet on the house.
  3. ACTIONOHIO: Get $200 in free bets with no deposit required. BetMGM is expected to launch in Ohio on Jan. 1.
State Code
Arizona ACTION
Colorado ACTION
Indiana ACTION
Michigan ACTION
Mississippi None
New Jersey ACTION
Nevada None
New York None
Pennsylvania ACTION
Tennessee ACTION
Virginia ACTION
West Virginia ACTION
Wyoming ACTION

BetMGM Sign Up Process

Getting registered and collecting your new user bonus with BetMGM is a simple 5-step process:

  1. Click here to begin your BetMGM registration
  2. Input the appropriate bonus code for BetMGM based on your location (ex: ACTION, ACTIONYARD, ACTIONOHIO)
  3. Enter the required account information to verify your identity (i.e. name, address, email, last four digits of SSN, etc.)
  4. Make your initial deposit to start your bankroll ($10 minimum)
  5. Place your first bet and wait for the results (remember that you can get up to $1,000 on BetMGM in most states if your first bet loses, so think about going for that long shot)

BetMGM New User Promo Requirements

BetMGM has a few requirements that potential new users have to meet in order to register for their sportsbook. Confirm your eligibility with the checklist below:

  1. Must be 21+ years old
  2. New users must be located in a state where BetMGM is active. It’s important to note that new players do not have to live in a legal betting state, they just have to be there at the time of activation and making a bet. Check out our travel betting guide for more details.
  3. Access to valid deposit method (credit/debit card, bank account, or other accepted medium)

How Does the $1,000 First Bet on the House Promotion Work?

If you are completely new to sports betting, it is definitely worth your time to familiarize yourself with common betting terminology as it relates to sportsbook offers. Also, don’t forget to review Action Network’s tips for first-time bettors to position yourself for success.

Alright, now it’s time to talk about the fun stuff—how to use the BetMGM new user bonus to its fullest potential.

Choosing a First Bet

Once you’ve made your initial deposit, shop for a bet that you want to place your entire bankroll on (up to $1,000). This may sound scary, but this strategy is the best way to maximize this BetMGM offer. Remember, they’ll return your stake if your first wager loses.

Let’s use today’s Wisconsin-Oklahoma State bowl game as an example to see this promo in action.

First thing’s first – find a prop bet or other long shot (maybe a parlay?) wager that offers significant plus-money. These are the types of wagers that offer the most value with free bets and promotional offers.

For this example, lets pick the moneylines for Georgia Southern and Memphis is their bowl games early today. If we bet $1,000 on them at +119 odds on BetMGM, we’d earn $1,190.08 (and get our stake of $1,000 back).

Alas—your bet doesn’t hit, and now you’ve got free bet credits coming your way. Now what? Let’s get into it.

Free Bets on BetMGM

Hypothetically, the bet lost, so as part of the new user promotion, BetMGM is now going to credit your account with 10 separate $100 free bets. Think of these as $100 spots courtesy of BetMGM. They’ll cover your wager, but if your bet wins, you only get to keep the profits.

Now you might be wondering, what should I do with all these free bet credits? Well, the free bet strategy is similar to we previously outlined. Continue to seek out plus-money wagers with high-value potential. These bets are far from sure things, but if they win, it will be a significant bankroll booster.

Here’s another example using one of your newly acquired $100 free bets.

For this one we’d like to bet on the Wisconsin-Oklahoma State bowl game. Let’s say we love Oklahoma State in this game and use one of our $100 free bets on the +130 moneyline.

If the bet hits, we win $130 in profit. We won’t get the $100 stake back since it was a free bet that BetMGM generously gave to us.

If it loses, we get nothing, since we used one of the free bets.

ACTIONYARD Bonus Code Overview

If you’re a resident of Maryland, Kansas, Illinois, or Louisiana, the promotional information above does not pertain to you. Instead, BetMGM is offering a near no-risk, NFL-specific bonus. Here’s how it works:

  • Simply bet $10 on any NFL game
  • If the team you’ve wagered on throws for 1+ yard in the game (yes, you read that right), then you get $200 in free bets

While the money value may not be as high with ACTIONYARD, new users are practically guaranteed free money from BetMGM in the form of four $50 free bet credits.

Nothing changes in terms of strategy with these free bet credits. Go for plus-money wagers that you think could have a reasonable chance of winning to maximize your profits.

Bets to Make on Tuesday

Georgia Southern vs. Buffalo

The Camellia Bowl this year will be between two 6-6 teams that struggled to finish their regular season schedules out.

Our own Evan Abrams wrote: Totals of 70 or more in bowl season are just 2-6-2 to the over in the last 10 games dating back to 2016.

Beware of high-rising totals, too. Totals that close at 60 or higher and that move at least three points up from open are just 26-32 (44.8%) to the over since 2005.

The Pick:  Under (67.5)

East Carolina vs. Coastal Carolina / Wisconsin vs. Oklahoma State

Wisconsin is on a three game losing streak and Oklahoma State’s defense is looking better again. In a battle of disappointing college football seasons, Oklahoma State has the better team to come out with the win here.

Coastal Carolina are also on a three game losing streak. ECU has a smart veteran offense that will pick apart Coastal’s shaky defense. The Pirates also boast one of the best special team units in the country. ECU should shine in this bowl game.

The Pick: ECU & Oklahoma State moneyline (+226)

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