BetMGM Bonus Code: $1.6K Match or $1.5K Insurance Bet Live in Most States for Masters, All Weekend Action; $150 Promo in NC

BetMGM Bonus Code: $1.6K Match or $1.5K Insurance Bet Live in Most States for Masters, All Weekend Action; $150 Promo in NC article feature image

Pictured: Bryson DeChambeau. (Photo by Andrew Redington/Getty Images)

With the second round of the 2024 Masters underway on Friday, you can sign up for BetMGM to grab bonus value throughout the weekend. There is a choice between two offers in most states and an exclusive bet/get in North Carolina.

If you punch in the BetMGM bonus code TOPTAN1600, you'll get back 20% of your deposit in sports bonus. Just keep in mind, there's a 10x wagering requirement attached to this offer.

You can elect for the BetMGM bonus code TOPACTION instead, which gets a $1,500 first bet on the house. If your initial wager doesn't hit, BetMGM refunds your bet amount in sports bonus.

So if I wanted to grab Scottie Scheffler's outright odds while they're still at plus-money, I could place $1K on him at +135 and I would get $1K back in sports bonus if he doesn't get win the Masters.

The North Carolina offer activates $150 with the BetMGM NC bonus code TOPACTION. You need to wager $5 to receive the value in $25 increments.

There is no BetMGM Sportsbook offer live in New York, Nevada or Washington D.C.

Let's talk about an example for sports bonus usage for the Masters this weekend.

How to Use a BetMGM Sports Bonus

If you want to make the most of your bonus, aim for longshots. Keep in mind that with any form of bonus bets, you don't get the stake back, so targeting plus-money markets ensures better returns in the long term anyway. Seek markets with odds ranging from +300 to +700, as this strikes a balance between potential gains and realistic outcomes.

Good thing it's Masters weekend because there are plenty of exciting bets to make that lie inside that sweet spot.

OK, let's have a little fun and use an outright bet that we suggested in our Friday best bets. We think Joaquinn Niemann at +3300 could be a good longshot to bet before the weekend given his strong opening round. He sits at T8 at -2 heading into the second round.

After factoring in his baseline short-game metrics and comparing them to his actual ball-striking performance, we have a model that ranked the Chilean golfer first in expected scoring output.

So if we used $100 worth of sports bonus on Niemann to win the Masters before he tees off on Friday, we would net $3,300 in real earnings if he prevails with a green jacket.

Sign-Up Steps for BetMGM

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
  • Select a Unique User ID
  • Create a Secure Password
  • Provide the Last Four Digits of Your SSN (for verification purposes)
  • Phone Number
  • 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.

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participants must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit for Terms & Conditions.

Must be 21+ and present in North Carolina. Full T&C apply. Gambling problem? Call 877-718-5543 or visit

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