BetMGM Bonus Code TOPACTION Unlocks $1,000 for Chiefs-Eagles
BetMGM Super Bowl, 02/12/2023
Pad your bankroll for the biggest American sports betting event of the year. BetMGM bonus code TOPACTION can get new bettors up to $1,000 in value on Super Bowl LVII.
If your first bet (any amount up to $1K) at BetMGM Sportsbook loses, you’ll get back whatever you waged in bonus bets.
There’s also BetMGM bonus code ACTION100, which nets out $100 in bonus bets when you wager $10 on either the Eagles or Chiefs moneyline. These credits appear instantly, so you can use them on the Super Bowl once you wager that initial $10.
|BetMGM Promo Code||State||Value|
|TOPACTION||All BetMGM States (Except NY)||Up to $1K (based on wager)|
|ACTION100||All BetMGM States (Except NY)||$100|
Before we break down how both of these offers will work, let’s talk about getting set up.
Offer 1: BetMGM Bonus Code TOPACTION
This sounds iffy, but it’s best to plop your money on plus-money wagers when it comes to betting a promotio — it’s the mathematically wise method.
Try targeting longshots, so lines in the +300 to +500 range. Given Sunday is the Super Bowl, there are a myriad of props and markets to bet. Don’t be shy in getting creative.
We suggest plus money because you get more expected value this way. The higher the line, the more value over your betting career.
The trick is finding a nice sweet spot since you won’t have infinite bets.
Placing Your Super Bowl Wager
Suppose I were to deposit the max value of this offer in $1,000. I place it all on Boston Scott to score a touchdown at anytime. BetMGM has these odds priced at +400.
- If Scott reaches the end zone, I’d get my $5,000 payout. The promotion is effectively over.
- If Scott doesn’t score, I’ll get my $1K back in BetMGM bonus bets.
I’ll then have to use the bonus bets on other games to turn them into cash.
Converting With Bonus Bets
Bonus bets are used to bet with, not to withdraw. So I can’t cash out my $1K and run if Scott doesn’t reach pay dirt.
They show up in my account after the bet settles, so I’d have them to use on any future sporting event after the big game. However, in keeping with themes, I’m going to use another Super Bowl example to demonstrate how they work.
I have $1K and I can split these bets up. Let’s say I fork down $100 worth on Jerrick McKinnon to have 5+ receptions priced at +310.
- If the McKinnon catches five or more targets, I profit $310 ($100 x 3.1) but I don’t keep the bonus. I still have $900 in bonus bets left in my account, so I’ll need to bet through all of that before I can do anything else with the money.
- If McKinnon puts up a stinker, I lose the $100, profit nothing and continue betting the rest of the $900 worth that I have left.
Offer 2: BetMGM Bonus Code ACTION100
This will get $100 in bonus bets right away. So if you want the quick return that you can actually use on the Super Bowl, this will do the trick.
Step 1: Activate the Bonus Bets
I’d just need to bet a minimum of $10 on either team to win moneyline.
Let’s say I do that on the Chiefs to win at +105.
- If the Chiefs win, I get the $20.50 payout, plus $100 in bonus bets that I’d have after I place the bet.
- If the Chiefs lose, I lose my $10, but still get the $100 in return.
Step 2: Use the Bonus Bets
This will work just like the other offer. But as mentioned above, I get the bonus bets right away. So it’s not a reimbursement situation.
I can take my $100 that I got before kickoff (if that’s when I placed the moneyline bet) and put it on anything I’d like.
Say I like Travis Kelce to score the first touchdown of the game enough to bet the $100 on it. This is priced at +650 odds at BetMGM.
- If Kelce draws first blood, I win $65 in real cash I can withdraw. The bonus bets go away.
- If he doesn’t score, I lost the bonus bets and didn’t profit anything with them.
I’d suggest reading our beginner’s guide to sports betting and our breakdown of sportsbook promotions if all of this seems at all confusing.
Signing Up at BetMGM
The BetMGM registration process will take just a few minutes. Here’s how to get started.
- Click here if you haven’t started signing up already
- Use BetMGM bonus code TOPACTION or ACTION100 at checkout
- Enter all your info — name, address, phone number, last four digits of your SSN.
- Deposit at least $10
- Make your first bet up to $1,000 if you use code TOPACTION, or $10 on either Super Bowl moneyline if you use ACTION100.
New users must be located in a state where BetMGM operates (you can find the full list here). You don’t have to live in a BetMGM state to wager, you just have to be in the state at the time of activation and making a bet. So you can travel from California to Arizona, make an account and bet, leave Arizona, and still cash out when you’re home.
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