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BetMGM Bonus Code Offers $200 for Football All Weekend

BetMGM Bonus Code Offers $200 for Football All Weekend article feature image

BetMGM bonus code ACTIONNFL will unlock a $200 offer for any NFL game on this weekend’s slate for users new to BetMGM.

Just bet $10 on any game, and you’ll win $200 in free bets if there’s a touchdown scored. Then your free bets will be unlocked.

This offer is not available for BetMGM users in New York, Pennsylvania, and Mississippi.

Confused about what “free bets” mean? We’ll explain how this BetMGM bonus works.

Understanding Bonuses at BetMGM

This $200 in free bets offer is one of the best in the sports betting industry right now, and better than the $1,000 risk-free offer. Why? We explain in-depth here.

A free bet is a wager that can be used on anything. If it wins, you keep the winnings (but not the original free bet amount). If it loses, you end up with nothing.

BetMGM will usually split up free bets in increments of $50 — so the $200 offer results in four $50 free bets.

Using BetMGM Bonus Code Free Bets

Bears vs. Packers Odds

Bears Odds +10
Packers Odds -10
Moneyline +375 / -500
Over/Under 41.5
Time Sunday, 7:20 p.m. ET
Odds as of Sunday afternoon via BetMGM.

Let’s look at an NFL example. You need to get your free bets first, so let’s say you do that on the Patriots vs. Steelers. Then you have $200 in free bets to wager, and you use those on the Bears vs. Packers game.

You bet $200 on Bears moneyline, +375.

  • If the Bears win: You win $750 (but don’t keep the original $200).
  • If the Packers win: You end up with nothing.

Risk-Free Bets at BetMGM

Risk-free bets are a bit more confusing. The amount offered is higher, but it’s a worse offer.

Here’s how risk-free bets work:

  • If you win a risk-free bet: If your risk-free bet wins, you keep the stake and the winnings, and it becomes real cash you can withdraw.
  • If you lose your risk-free bet wager: You get a free bet equal to that amount.

The “catch” is that to get a $1,000 free bet, you must deposit and wager the total of $1,000. If you deposit $100, you’ll get a $100 risk-free bet. You also have to make your first bet $1,000 — you don’t get to choose which of your first ten bets gets the risk-free treatment.

In the Bears vs. Packers example, if you bet a $200 first bet on their moneyline at +375 and it wins, you keep the $200 and the $750 that you profited.

If it loses, you get a $200 free bet back. If that free bet loses, you end up with nothing. We recommend the free-bet bonus over risk-free in this case!

If you’re new to sports betting, check out our 12 tips for beginners or how to read American odds.

How to Sign Up

Signing up at BetMGM takes just a few minutes.

  1. Navigate to BetMGM via one of our links or download the mobile app
  2. Enter accurate signup info
  3. Use BetMGM bonus code ACTIONNFL at checkout
  4. Deposit with your bank account, credit card, or PayPal
  5. Make your first NFL bet of $10 or more to qualify for the $200 bonus

Some credit cards don’t play nice with online sports betting, so bank account transfer is often more reliable.

How to Use Your BetMGM Free Bets

The best way to use any free bets is on longshots. The higher the line, the more expected value you get over time.

But we understand most bettors don’t want to use big risk-free bets on longshots at +800, so +250 to +450 can be an excellent sweet spot.

Here are a few ways to use that bonus this weekend:

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