BetMGM Bonus Code Gets $1,000 in OH, $1,050 in Other States for Tuesday Bets

BetMGM Bonus Code Gets $1,000 in OH, $1,050 in Other States for Tuesday Bets article feature image

BetMGM OH Ohio State-Illinois, 01/24/23

The Ohio State Buckeyes look to salvage their season against Big Ten foe Illinois on Tuesday; if you're in Ohio, BetMGM bonus code TOPACTION earns new in-state bettors a $1,000 first bet on the house. So if your first wager at BetMGM loses, you'll be refunded whatever you lost in bet credits.

In all other states (minus New York), bettors can use BetMGM bonus code ACTIONBONUS50 for a $1,000 first bet on the house, plus a guaranteed $50 in bet credits at BetMGM Sportsbook. It's the same offer, just with that extra $50 guaranteed.

If you're looking for a lower-risk offer in Ohio, use BetMGM bonus code ACTIONNBA for $200 in bet credits when you wager $10 on any NBA game at BetMGM.

We'll explain more about these offers below.

BetMGM Bonus Codes Live on Tuesday

So before we get into how we can use this promotion, let's discuss the simplicities of getting situated at BetMGM: First, register using one of the three BetMGM bonus codes available:

  • TOPACTION in Ohio for a $1,000 first bet on the house. That means if your first wager loses, you'll get refunded whatever you lost in bet credits.
  • ACTIONBONUS50 in most other states for $1,000 first bet on the house plus $50 in bet credits.
  • ACTIONNBA in Ohio, Maryland, Louisiana, Illinois and Kansas for $200 in bet credits.

Accessing Bonus Bets: Ohio-State-Illinois 

Your first bet can be on anything and up to $1,000 to have the safety net of the promotion. We'll use Tuesday's Ohio-State-Illinois tipoff as a vehicle to betting with this BetMGM opportunity.

Ohio State Buckeyes (+152) vs. Illinois Fighting Illini (-184)

The Buckeyes may have rebounded from their five-game slump with a tempo-setting 93-77 victory over Iowa on Saturday. But they might have their work cut for them against Illinois Tuesday night when the two Big Ten programs meet at 7 p.m.

Ohio State will likely be without top rebounder Zed Key (8.1) after a knee injury late in Saturday's win. Key's absence would serve trouble defending under the boards against an aggressive Illinois defense.

Despite recent struggles, the Buckeyes have posted a record of 4-1 ATS in its last five. However, the Fighting Illini have also covered in four of its last five and are 9-2 at home. That's polarizing, because Ohio State is 1-4 on the road.

The Fighting Illini are led by senior guard Terrence Shannon Jr. leads the top-heavy program with 18.1 PPG. In Saturday's loss to Indiana, he posted his best display of the season etching 26 onto the stat sheet. The Illini will be better rested after playing six straight games with two-day's rest in between.

While the Buckeyes may have difficulty scoring at their usual rate inside the arc against an Illinois program that's successful in defending that region, OSU may present a counter to Illinois' offense. Here's why BJ Cunningham thinks this could translate to betting the under on this matchup:

If a team is going to slow down the Illinois offense, it has to be able to defend the 3-point line at an elite level, which Ohio State has done this season. The Buckeyes are allowing just 30.1% from behind the arc and own one of the lowest open 3-point rates in the Big Ten, per ShotQuality.

The Illini are taking 42.8% of their field goal attempts from 3, but are hitting just 33.5% of those attempts, which ranks 195th in the country.

Ohio State plays at a below-average pace (165th in Adjusted Tempo), so I highly doubt it’s going to try and get into a track meet with Illinois on the road in Champaign.

The Pick: We'll grab Cunningham's suggestion of under 146.5 at BetMGM with Shannon Jr.'s player prop of over 17.5 points for +240 odds.

A bet of $100 on this play would net $340 as a payout if it hits. If this SGP misses however, $100 is returned in BetMGM bet credits.

Scoring With BetMGM Bet Credits

Ever ask a friend to spot you for a bet; they place it with their money but send you the profits if it wins? That's kind of what's happening here, but BetMGM is that friend.

Suppose the bet above loses. If in Ohio, the $100 that was bet is returned instead of the extra $50 on top of that in all other states (except New York). In the case where all $100 is placed on Wake Forest to beat Pittsburgh straight up on Wednesday at +110: A $110 payout would be won if the Demon Deacons win, but the $100 stake is taken back by BetMGM. The same happens if they lose, but there's a $0 payout, so bet carefully with bet credits.

We always recommend you make plus-money wagers with your bet credits, so taking spreads actually isn’t the best idea. You’re getting much more expected value, since you don’t keep the initial stake. It’s riskier, but more mathematically optimal and you’ll make money in the long run.

Keep in mind, your bet credits must be used within seven days of being credited to your account. So you'll want to use them when you can.

Quick Tip: Follow Sharp Action

The bettors who have a renowned history of winning are the people's bets you'll want to consider. You can identify sharp action by finding where Reverse Line Movement is. This is when the line moves in the opposite direction of the betting percentages. Action's PRO Report helps examine these signs.

So, let's say the Celtics are getting 80% of spread bets, yet you see them fall from -8 to -7. Oddsmakers would only drop the line to give public Celtics bettors a better number because sharp professional bettors influenced them by hitting the opponent. In turn, the line fell.

Signing Up at BetMGM

Here's several things to note about BetMGM before making a splash.

  1. 21+ years old
  2. New users must be located in a state where BetMGM is active. It should be noted that 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.
  3. Access to valid deposit method (credit/debit card, bank account, or other accepted medium)

21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER

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