BetMGM Bonus Code TOPTAN1100: Thursday Playoff Action Arrives With Deposit Match up to $1,100
Can the Warriors stave off a 3-0 hole to the Kings? Are the Rangers strong enough to shutdown the Devils again? Thursday marks a turning point for several NBA and NHL playoff matchups while BetMGM bonus code TOPTAN1100 lends a 20% deposit match of up to $1,100.
In layman’s terms, you’ll get 20% back in bonus bets of whatever amount you first deposit at BetMGM. For example, depositing $100 would get $20 in bonus bets, $1,000 would get $200 and $5,500 would get the maximum of $1,100 back. There is a 10x rollover bonus with this offer, so every $1 in bonus bets earned means you must wager $10.
It’s available to use in all BetMGM states except for Massachusetts, Ohio, New York and Washington D.C. It’s also compatible to use on any ongoing Thursday event.
If you’re interested in a more straightforward offer bet, you can gain $200 in bonus bets with BetMGM bonus code ACTIONNHL, TOPACTIONNBA or ACTIONMLB with any $10 moneyline bet placed in Massachusetts or Ohio. All other BetMGM states (excluding New York and Washington D.C.) will net $100.
You’ll see the $200 (or $100) in bonus bets instantly upon betting on any team to win. So placing at least $10 moneyline on the Rangers to conquer the Devils again in Game 2 when in Massachusetts or Ohio scores an automatic $200. This value can only be bet, not withdrawn.
|BetMGM Bonus Code||Details|
|TOPTAN1100||20% deposit match of up to $1,100 with a 10x rollover bonus|
|TOPACTIONNBA||$10 NBA moneyline bet for $200 in bonus bets in MA & OH ($100 in other states besides NY & D.C.)|
|ACTIONNHL||$10 NHL moneyline bet for $200 in bonus bets in MA & OH ($100 in other states besides NY & D.C.)|
|ACTIONMLB||$10 MLB moneyline bet for $200 in bonus bets in MA & OH ($100 in other states besides NY & D.C.)|
How to Bet BetMGM’s Deposit Match
This promotion is live to bet with for a limited period and is best in market, so it’s the optimal offer to snag for playoff betting. We did a full breakdown of how the different kinds of sign-up offers work if you want to read about deposit matches more in detail.
We suggest you deposit the entirety of your bankroll size as it serves all the more value for you to bet with along with the 20% in bonus bets you’ll see. Suppose I deposit $1,000. I’ll have the $200 in bonus bets to wager with.
Deposit matches generally come with a rollover, which is designed to prevent you from taking the bonus cash and running. This BetMGM deal has a 10x rollover on the bonus amount. So basically you must wager 10x what you received as a bonus over your first 30 days with BetMGM.
So I need to wager 10-times that $200 in 30 days for the bonus money to become eligible for withdrawal, which is $2,000-worth in this case.
Since you win at about a .500 rate, it’s not as much money out of pocket as it sounds.
Say you place 20 different $100 bets to hit the rollover threshold. Each of these bets being NBA point spreads — all priced at -110.
- If you go 11-9, you’ll make about $100 in profit, plus you’ll get the $200 free from BetMGM. You’ll now have $1,300 in your account off a $1,000 deposit.
- If you go 10-10, you’ll lose about $91 from those bets, but still get the $200 in free cash for a total profit of $109.
Betting the point spreads at -110 to hit the rollover is just an example. You can bet anything as long as it’s shorter than -250 (so -240 is OK, -350 is not). We prefer plus-money in most cases.
You also cannot bet on the opposite sides of the same game at BetMGM to hit your rollover requirement.
How to Use BetMGM Bonus Bets
When betting bonus bets, we advise to look for plus-money wagers.
The higher the line, the more expected value you gather over time. Expected value means the margin between the real odds of something happening and the odds posted by the sportsbook.
A coin toss is always the easiest example in understanding how expected value works because the fair odds of a coin toss are 50/50 or +100.
So if you had +120 odds on tails, the EV would be (120-100) * .5. That’s $10 expected winnings on a $100 bet, or 10% EV.
If we make 100 of these 10% EV bets we would expect to net $1,000 on those 100 bets.
Let’s Create a Thursday Parlay
In the process of identifying longer odds, crafting together a parlay is a handy style of betting to do so. Looking at the betting slate, here’s an expert bet from Action’s staff for Lightning–Maple Leafs Game 2 and Sixers-Nets Game 3 on Thursday.
My belief is that Toronto is going to bounce back with a better showing tonight in what should be a very favorable matchup with the Lightning’s back end dinged up.
However, I want no piece of that price despite my belief the Leafs will carry the play. Samsonov could struggle again. The Lightning’s incredible power play could continue to come up with goals at crucial times. Or Vasilevskiy could have a trademark playoff performance.
That’s enough avenues for the Lightning to hang around as heavy underdogs, so I don’t want to bet the Leafs as a side.
What I do believe we can tap into is the idea that Toronto will generate a lot of shots on goal both at even strength and on the power play.
Harden scored only eight points in Game 2, and though he had 23 in Game 1, hot 3-point shooting (7-of-13) masked an otherwise pedestrian performance with just two points not behind the arc. Harden is averaging just 14.4 PPG his last 17 games dating back to the regular season despite heavy minutes, and he’s making 38% of his 2s during that stretch.
With an over/under at 19.5, the way Harden is scoring so much of his point total on 3s, he might well need to make five or six treys to go over. I’ll take the under for multiple units. We hit this in Game 2 and also hit an alternate over then. The line has dropped a touch but under 14.5 at +280 is still tempting and probably also a good nibble at that number.
How things will settle: This parlay boosts us to +306 odds. So with $100 in bonus bets wagered, we’d get back $306 and not keep the stake. If it doesn’t hit, we net nothing.
Signing Up at BetMGM
BetMGM has a few things you should know before you get started.
- You must be 21+ years old to register and bet
- You must be located in a BetMGM state when placing your first wager. You don’t have to live in Ohio to wager, you just have to be in the state at the time of activation and making a bet. Check out our travel betting guide for more details. You can withdraw money once you’ve already left the state (so if you were in Ohio on Monday and bet the Super Bowl, you could withdraw in your home state next Monday).
- You must have access to a valid deposit method. Credit card, bank account transfer and PayPal are the most popular, though some credit cards will flag gambling and not allow you to deposit.
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