BetMGM Bonus Code Unlocks $1,000 Offer for This Week’s Slate
BetMGM has returned to its standard $1,000 first bet on the house offer in most states, including the newly-launched Massachusetts. If your first bet loses, you'll be refunded in bonus bets equal to what you lost, up to $1k.
So let's say you bet $100 on Miami to defeat Texas with +160 moneyline odds, the following can happen:
A) You win the bet and get your $260 payout ($160 in winnings plus your original $100), and the promo is over.
B) You lose the bet and get $100 back in bonus bets (more on those below).
This offer is good for any game on any day this week at BetMGM Sportsbook. Here are all three possible offers you can claim, depending on which state you're in.
- BetMGM Bonus Code TOPACTIONDANCE: This BetMGM promo code revolves around March Madness. New users receive $200 in bonus bets after they bet $10 on a college basketball moneyline. This offer isn’t available in NY and DC., but is available in Mass. and all other BetMGM states.
- BetMGM Bonus Code TOPACTION: New users can receive up to $1,000 back in bonus bets if your first wager loses. If it loses, the book will return your wager in bonus bets equal to what you lost.
- BetMGM Bonus Code ACTIONPOINT: Bet $10, get $200 in bonus bets if the NBA team you bet scores a point. Only available in Mass., Ohio, Louisiana, Kansas, Illinois and Maryland.
How to Use BetMGM Bonus Bets: Miami-Texas
Bonus bets must be used within seven days of being credited to your account. So you’ll want to jump on them as soon as you can.
These work differently than betting with real money. They’re an opportunity to win real profits back, but we can’t just withdraw bonus bets and run.
We need to bet through all of our bonus bets before we can withdraw the profits. Also, it’s wise to split these up into different bets rather than wagering the whole pot.
Let's use an example from the Miami-Texas game. Here's the optics heading into tipoff between these programs:
|All statistics courtesy of ShotQuality.|
Say we take $100 in bonus bets and place it on a parlay of Texas to win and the over of 134.5 total points. These odds would reflect as +396.
We would either win the bet and rake in $396 in real cash or get $0. We suggest the plus money route for a bevy of reasons, but not keeping the stake is a primary one.
For more coverage on how to bet on the Elite 8, read Sean Koerner's check Elite 8 Odds, Lines: Expert Projections for Spreads, Totals for All 4 Games.
BetMGM Sign Up
Here’s how to sign up at BetMGM.
- 21+ years old
- New bettors must be located in a legal BetMGM state. You aren't required to be a resident to bet in that state. Check out our travel betting guide for more information.
- Use online banking, PayPal, a credit card, or another banking option to make a deposit.
If you or a loved one is experiencing problems with gambling and needs support, call 1-800-327-5050 or visit https://helplinema.org to speak with a trained specialist free and confidentially 24/7. LiveChat with a GameSense Advisor at GameSenseMA.com or call 1-800-GAM-1234