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BetMGM Bonus Code Nets $1,000 for Ohio Bettors Before Monday Night Football

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BetMGM OH NFL Week 17, 01/01/2023

Are you ready for Bengals-Bills? BetMGM bonus code TOPACTION activates a $1,000 first bet on the house from BetMGM. It’s one of the biggest NFL games of the season on Monday Night Football and new Ohio sports bettors should take advantage now.

Just use BetMGM bonus code TOPACTION at checkout. If your first bet loses, you’ll be refunded in bet credits, up to $1,000.

That first bet can be used on any sport and any game, including NFL Week 17, college football bowl games and so much more. Just make sure its your first bet on the platform.

BetMGM Bonus Code Rules

  • Register using bonus code TOPACTION
  • Make your first bet up to $1,000
  • If it loses, you’ll be refunded in bet credits equal to what you lost. The bet credits can take a few hours to hit your account, but they’ll likely be there right away
  • Your bet credits must be used within seven days of being credited to your account.

That’s it! Bet credits are like BetMGM spotting you a bet, but you don’t keep the stake.

Let’s say you put $50 bet credits on the Bears +200 against the Lions in NFL Week 17.

  • If the Bears win, you profit $100 in cash. It’s now available to be withdrawn, or you can continue betting it. You’ll have $100 cash and $150 in bet credits.
  • If the Lions win, you lose the bet credit, and will have $150 in bet credits remaining.

BetMGM New User Promo Requirements

BetMGM does have some requirements that potential new users have to meet in order to register for their sportsbook. Confirm your eligibility with the checklist below:

  1. Must be 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)

What Is BetMGM’s First Bet on the House?

Alright, time to start the promo.

All you need to do is make your first bet, up to $1,000. If it wins, you keep the winnings and the promo is over. If it loses, you get back bet credits equal to whatever you lost.

So if you put $1,000 on the Bengals +110 and it wins, you win $1,100 and keep the $1,000 you bet. That’s $2,100 in your account to withdraw or continue betting.

If it loses, you get $1,000 back in bet credits, which we’ll explain next.

What Is a BetMGM Bet Credit?

So how do bet credits work? It’s like the sportsbook spots you for the bet, and if it wins, you give back the bet, but keep the profits. BetMGM splits up its credits into any increment, so you can put $1 on one bet, $25 on another, or use all $100 at once.

Let’s say you put $100 in bet credits on a Hayden Hurst touchdown on MNF at +300. If it wins, you win $300 and don’t keep the $100. If it loses, the bet credit goes away.

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. While you may not hit your bet credits as often at +500 since those outcomes are less likely, it’s mathematically optimal and you’ll make money in the long run.

 

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

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