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BetMGM Bonus Code Unlocks $1,050 Value for NFL Championship Games

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BetMGM NFL, 01/29/23

New users to BetMGM Sportsbook can use BetMGM bonus code ACTIONBONUS50 for $50 in bet credits no matter what, plus a first bet on the house up to $1,000. This is an exclusive offer available only to Action Network readers and its partner websites, worth $50 more than anything else on the market.

So how does it work? your first bet loses at BetMGM Sportsbook, you’ll be refunded in bet credits equal to whatever you lost. And no matter what, you’ll get $50 in bet credits after you make your first wager of $10 or more with this BetMGM bonus code.

If you’re in Ohio, use BetMGM bonus code ACTIONYARD for $200 in bet credits no matter what, or use TOPACTION for a $1,000 first bet on the house.

Signing Up at BetMGM

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

  1. Start by clicking here
  2. Enter bonus code ACTIONBONUS50 at checkout
  3. Put in your real sign-up info. If you don’t use your real name, address, and last four digits of your SSN, BetMGM can’t verify your identity, and you won’t be able to deposit.
  4. 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.
  5. Deposit at least $10
  6. Make your first bet up to $1,000

Getting Value Back With BetMGM Bonus Codes

BetMGM is a key sportsbook for the NFL playoffs because of the strong first touchdown pricingfirst TD promo, prop offerings and other benefits. And before signing up anywhere, check out our guide to each sportsbook promotion type.

If you can afford it, it’s a wise move to wager your entire bankroll up to the $1,000 limit. Mathematically, you’re seeing the best value of the offer.

So we’ll create a scenario where we deposit a dime ($1,000) into BetMGM and bet it on a plus-money wager for the NFC Championship at 3 p.m. ET.

First Bet on the House: 49ers-Eagles

BetMGM has the Eagles as 2.5-point favorites after carving up the Giants 38-7 in the Divisional round. The total is set at 65.5 with two stingy defenses coming together and two productive run offenses.

Brock Purdy will face the undoubted toughest pass rush he’s seen to date. Furthermore, it’s worth noting that Elijah Mitchell could see an uptick in carries with Christian McCaffery banged up. McCaffery will likely play, but any hit to his normal usage would put San Fransisco in a precarious position without its most polarizing offensive weapon.

Simon Hunter gave headway on betting the spread on the Eagles in his Conference Championship picks:

Brock Purdy, the last pick of the 2022 NFL Draft, has played exceptionally well in his rookie season. As a starter in the regular season and playoffs combined, he is 8-0 with 16 touchdowns and four interceptions. He also has been sacked 14 times, or 1.75 times per game, one of the six lowest rates of all NFL starting QBs when extrapolated over a whole season.

Purdy, however, has shown one issue: He allowed himself to be sacked at least three times in three of six regular season games. He has been better in the playoffs, though, as he was sacked twice against Dallas.

The Eagles defense, meanwhile, averaged 4.2 sacks per game this season, the highest in the league by one whole sack. The 1985 Bears set the NFL record with 72 sacks in the regular season; the Eagles finished the 2022 season with 70 sacks (in one more game played).

This will be an extremely difficult spot for a rookie quarterback who spent the past three seasons playing against Big 12 defenses. Meanwhile, Jalen Hurts is a lot better than Dak Prescott. I took the Eagles as my Big Balls Bet of the Week last week. I will do it again.

Let’s take Hunter’s advice on Philly -2.5 and slap it together with the under of 46.5 given that the Niners have held opponents to 23 points and under for 11 of the 12 game win-streak. These SGP odds are priced at +257. With $1,000 bet on this, here’s what would ensue:

  • If the SGP hits, we accrue $2,570 ($1,000 bet x 2.57) and keep the original $1,000. We also now have the extra $50 in bet credits.
  • If the SGP misses, we get the $1,000 that we wagered back in bet credits, plus the guaranteed $50.

Bet Credits With BetMGM: Bengals-Chiefs

Before using bet credits, check out the math in our +EV betting guide.

With $1,050 in bet credits coming back from the 49ers-Eagles, let’s place $500 of it on Bengals-Chiefs at 6:30 p.m. ET.

We’ll combine two bets for another SGP to boost our line. Here’s a couple excerpts from Action analysts on how to approach the AFC Championship:

  • Parlay Leg 1 – Ricky Henne on over 48:

If there’s any coach I trust to adjust an offense in a matter of days, it’s Andy Reid. “Big Red” is as creative as they come, so assuming Mahomes’ ankle limits him to being a pocket passer, I suspect the Chiefs will have plenty of wrinkles to move the ball nonetheless. Additionally, this version of Kansas City’s offense runs the ball more efficiently than years’ past behind Isaiah Pacheco and Jerick McKinnon.

Meanwhile, the Bengals offense will get theirs. Joe Burrow and company finished the year fourth in offensive DVOA, per Football Outsiders, and ranked seventh in total points (26.1). They’ve also had success against the Chiefs, scoring exactly 27 points against them in a pair of meetings over the last calendar year.

Cincinnati will likely hold up its end of the bargain, so it all comes down to whether a Kansas City offense that led the league in points per game (29.2) can be effective with Mahomes at less than 100%.

  • Parlay Leg 2 – Dylan Wilkerson on Bengals ML:

This year’s Bengals are one of the most disciplined units in the NFL, committing the second-lowest total of offensive penalty yards in the regular season. Avoiding self-inflicted mistakes is crucial at this point in the season.

The Bengals also have a huge advantage when it comes to red-zone defense. They’re allowing touchdowns on 52% of opposition trips inside the 20-yard line, compared to the Chief’s 67%.

Cincinnati’s defensive strengths don’t stop there. The Bengals allowed fewer than two points per drive during the regular season. Any team that wants to beat the Chiefs will have to neutralize their high-powered offense, and the Bengals are fit to do just that.

If you believe that history tends to repeat itself, the pick here is pretty clear. Zac Taylor and his Bengals have taken care of the Chiefs in every one of their meetings over the last two years, and I expect more of the same Sunday.

The Outlook: Betting the over and the Bengals to win straight up together in an SGP would give us +291 odds. Here’s how the dust would settle if we placed $100 of our bet credits on this:

A hit would get $291 in profits and the $100 in bet credits is taken back by BetMGM. A miss loses the $100 and profits nothing. We’d still have $950 remaining to use on anything.

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