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BetMGM Bonus Code: ACTIONBONUS50 Presents $1,050 Value for Friday NBA

BetMGM Bonus Code: ACTIONBONUS50 Presents $1,050 Value for Friday NBA article feature image

BetMGM OH NBA, 01/27/23

Friday night’s basketball betting will commence with five NBA matchups and BetMGM bonus code ACTIONBONUS50 banks new users $50 in bet credits no matter what, plus a $1,000 first bet on the house. That’s good for up to $1,050 in total value.

This is an Action Network exclusive offer with BetMGM Sportsbook. It works like this: If your first bet loses at BetMGM, you’ll be refunded in bet credits equal to whatever you lost. You’ll also get $50 in bet credits after you make your first wager of $10 or more.

All that must be done: sign up and enter in BetMGM bonus code ACTIONBONUS50. Your first bet at BetMGM Sportsbook will be the one that get the “first bet insurance” promotion.

In Ohio, use BetMGM bonus code TOPACTION for a $1,000 first bet on the house. Or you can use ACTIONNBA for $200 in bet credits if you wager at least $10 on any NBA game, and your team hits a 3-pointer. That’s a lower-risk offer, but the total possible value is lower. It’s available in Ohio, Maryland, Kansas, Illinois and Louisiana.

Let’s talk Friday NBA and how we can strike up the best value at BetMGM using ACTIONBONUS50.

 Betting With ACTIONBONUS50 Friday

The sign-up language can differ from book to book, so we broke it down with a guide. It should clear up most questions about how these different offers work.

With BetMGM, we can bet anything up to $1,000 and get the same value back if the bet is lost. With that said, the closer to $1,000 we bet, the more value we’ll see.

The mathematically optimal strategy is to use your first bet and bonus bets at plus-money. Let’s look at Pacers-Bucks

Making Your First Bet: Pacers-Bucks

Giannis Antetokounmpo leads the Bucks (31-17) into this cross-conference matchup with 31 PPG, which ranks him third amongst the league. He returned from injury on Monday to average 31 points in his last two games.

The Bucks are hot leading a four-game tear and sitting third in the ever-competitive Eastern Conference. BetMGM has given a handicap of 7.5 points to Milwaukee, as the Pacers (24-26) have dropped eight of their last nine.

Indiana is solid from shooting beyond the arc at 36.2%. They rank 6th in makes and attempts, while the Bucks 5th (35.9%)

It’s led by Tyrese Haliburton, who’s the only player with above 20 PPG at 20.2. The 20-year-old Bennedict Mathurin has made a step forward into the limelight as he’ll be looking for his fourth straight 10+ point game.

The Bucks took the first game in Indiana 132-119; Jrue Holiday dropped 35 in Antetokounmpo’s stead.

Both teams own an above .500 record ATS as Indiana is 27-23 and Milwaukee is 27-23. It’s also worthy to note that the Pacers have lost the last nine consecutive contests against the Bucks.

The Pick: The Pacers have struggled to cover the spread going 1-4 in the last five games against the likes of Washington, San Antonio, Philadelphia and Chicago. The over is set at 237.5 at BetMGM. The Bucks have limited opponents to 111.5 PPG and something tells me the Pacers won’t change that. Let’s go Bucks -7.5 and under 237.5 at +257.

If we bet $1,000 on this, a win would get a $3,570 payout plus the $50 in bet credits. But a loss returns the $1,000 and the extra $50 both in the form of bet credits.

So what are bet credits, anyway? We’ll explain more below.

Bet Credits With BetMGM

The optimal bet credit strategy is like we already talked about: bet at plus-money. You’ll be getting much more expected value, considering you don’t keep the bet stake BetMGM is giving you. Check out more of the math here in our +EV betting guide.

After getting $1,050 in bet credits back, let’s take the Raptors (for example’s sake) against the Warriors at +188. We’ll drop down $100 of our $1,050 in bet credits.

  • If the Raptors win, we win $188 in real cash. The $100 in bet credits has done its due and goes away.
  • If the Warriors win, we lose the $100 and profit nothing.

Signing Up at BetMGM

Signing up at BetMGM is painless, and will take just a couple minutes.

  1. Start by clicking here
  2. Use bonus code ACTIONBONUS50 at checkout
  3. Enter all your info — name, address, phone number, last four digits of your SSN so they can verify your identity, etc.
    1. Note: If you’re traveling to a BetMGM state, you can still sign up, even if you don’t live there. Just use all your real information, including your real address, or BetMGM won’t be able to verify you. Check out our complete guide to traveling and betting if you have further questions.
  4. Deposit at least $10
  5. Make your first bet up to $1,000

BetMGM Casino Offerings

If you want to take your holiday fun beyond the sportsbook, be sure to check out Action Network’s BetMGM Casino offer with a value up to $1,025 when you use casino bonus code ACTIONCASINO.

Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER. A Problem Gambling Helpline is available 24/7 at 1-800-589-9966 or texting 4HOPE to 741741.

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