BetMGM Bonus Code: Choose Between a 20% Deposit Match or $1,500 First Bet for Sports All Weekend

BetMGM Sportsbook has a dual welcome offer for new customers in 19 states. You can choose between a 20% deposit match up to $1,600 in sports bonus or a $1,500 first bet on the house.

The BetMGM bonus code TOPTAN1600 unlocks the deposit match offer. The max amount you can earn is $1,600, so you cannot deposit more than $8,000. BetMGM enforces a 10x rollover requirement, which you must meet to withdraw within 30 days.

BetMGM's $1,500 first bet on the house is a common offer among online sports betting sites. If your first bet loses, BetMGM will refund you in bonus bets. You can claim this sign-up bonus with the BetMGM bonus code TOPACTION.

Neither offer is available in New York, Nevada, or Washington D.C. For all other legal states, you can keep reading for our BetMGM Sportsbook bonus bet example.

Use your BetMGM Bonus Bets on the Celtics-Heat

The Celtics-Heat series shifts to Miami for Game 3 on Saturday. Following Jimmy Butler's injury, most expected the Celtics to make quick work of the Heat, but Miami shocked Boston with a 10-point victory in Game 2.

It was a generous payout if you were willing to back the Heat on the ML. You won't have as much value for Game 3, but you're still getting a good price with a +340 underdog.

Could we see another shocker with the Heat taking a 2-1 series lead? The possibility is enough to justify using a bonus bet.

• BetMGM Bonus Bet: Heat ML (+340)

Miami had a lot go right in Game 2, especially with their three-point shooting. I doubt we'll see the same barrage in Game 3, but a bonus bet is all about finding value. In particular, we want to target a market with +300 to +500 odds.

Depending on your offer, this can be viewed as a risk-free bet because the bonus doesn't count against your balance. Why not take a chance with the upside of the Heat? They already pulled one upset in this series.

Let's say you drop a $100 bonus bet on the Heat ML. You're looking at a $340 profit with a victory, but a loss leaves you with nothing.

Register for BetMGM Sportsbook

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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