BetMGM Bonus Code: Choose Between a 20% Deposit Match or $1.5K Insurance Bet in 19 States for Tuesday Events

BetMGM Bonus Code: Choose Between a 20% Deposit Match or $1.5K Insurance Bet in 19 States for Tuesday Events article feature image
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BetMGM Pacers-Knicks, 05/14/2024

BetMGM Sportsbook allows you to choose between a 20% deposit match up to $1.6K in sports bonus or a $1.5K first bet on the house. Both offers are available in all legal BetMGM states, except NY, NV, and Washington D.C.

The BetMGM bonus code TOPTAN1600 unlocks the 20% deposit match. You can deposit up to $8K, and BetMGM matches 20% of it in a sports bonus. A $8K deposit provides the maximum sports bonus amount of $1.6K. The betting site also enforces a 10x rollover requirement before withdrawing.

Instead of the deposit match, you can opt for the $1.5K first bet with the BetMGM bonus code TOPACTION. This offer is fairly simple, as you bet up to $1.5k for your first bet. If that bet loses, you earn it all back in bonus bets.

Both offers aren't exclusive to a particular sport or market at BetMGM Sportsbook. Keep reading to view a bonus bet example for Tuesday's Pacers-Knicks matchup.

BetMGM Bonus Bet Example: Pacers-Knicks

The Pacers-Knicks series returns to Madison Square Garden on Tuesday night for Game 5.

We saw the first three games come down to the wire, with the Knicks taking a 2-1 series lead. Then, we saw a dominant performance by the Pacers in a 32-point victory in Game 4.

New York has home-court advantage in what becomes a best-of-three. It's interesting to examine the odds because the Knicks are -145 to win Game 5, but the Pacers are -135 to win the series. Indiana has to win one game at MSG to advance to the Eastern Conference Finals.

You can go either way betting on the Pacers vs. Knicks. There's no guarantee, but there's a good chance the winner of Game 5 wins the series.

If you like the Pacers, I'd bet on them to win Game 5 on the road. If you're backing the Knicks, take them to win the series. BetMGM bonus bets come in five increments, so you could bet on both outcomes, but it'll be tough to correlate.

Either way, you're using your bonus bet on the underdog. That's one of the best ways to use a sportsbook bonus because it presents more value.

A $50 bonus bet on either market yields a $60 profit (Pacers G5 Win) or $55 profit (Knicks Series Win). You don't keep the $50 bonus bet regardless of the outcome.

  • BetMGM Bonus Bet: Pacers Game 5 ML (+120) and/or Knicks Series Win (+110)

Claim the BetMGM Welcome Offer

1. Click here and select your state. Click "Register" in the top right corner to begin registration.

2. Enter your details to create a new account: email address, name, date of birth, user ID, password, last four digits of your SSN (for verification purposes), phone number, and home address.

3. Accept the Terms & Conditions, set security questions, and confirm your age and eligibility.

4. Make an initial deposit using online banking, PayPal, a credit card, or another funding option.

5. You will get your first deposit matched 20% to unlock up to $1,600 in Sports Bonus with the BetMGM bonus code after successfully navigating the BetMGM login process.

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