BetMGM Bonus Code: Pick $1.5K Insurance Bet or 20% Deposit Match for Monday Sports; $150 Bet/Get Live in NC

BetMGM Bonus Code: Pick $1.5K Insurance Bet or 20% Deposit Match for Monday Sports; $150 Bet/Get Live in NC article feature image

If you are signing up for BetMGM Sportsbook on April 1, you can choose between a $1.5K first bet on the house or $1.6K total in deposit match value.

Using the BetMGM bonus code TOPACTION, you can receive up to $1.5K in bonus bets. Wager up to $1,500 on any sporting event, and if your bet loses, you'll get your bet back in bonus bets. However, BetMGM does not offer a bonus bet if your first bet is a winner.

With the BetMGM bonus code TOPTAN1600, you can access a $1,600 deposit match. This match equates to a 20% bonus, meaning you'll receive a portion of your initial deposit as bonus bets. For instance, depositing $1,000 will grant you $200 in bonus bets. Keep in mind, this offer includes a 10x rollover requirement, which needs to be fulfilled within 30 days to make a withdrawal.

BetMGM offers an exclusive welcome deal for users in North Carolina. By using the BetMGM NC bonus code TOPACTION and placing a $5 wager on any market, they'll unlock $150 in bonus bets. These bonus funds are distributed in increments of $25.

What is the BetMGM Bonus Code?

All of these offers are designed to secure bonus bets. The first bet insurance will draw them if your wager loses as BetMGM will match your losses in bonus value. The deposit match will bring you 20 percent worth of whatever you deposit and the bet/get in North Carolina will get $150 no matter what happens.

When using bonus funds at any sportsbook, it's best to avoid favoring the favorites. This strategy offers a prime chance to enhance your returns, particularly considering the more lucrative welcome offers compared to those for existing users.

Instead, consider placing a straight bet on an underdog with odds ranging from +300 to +600. Seek out markets where both sides are evenly matched.

A tight market suggests that the underdog and favorite have similar odds. For instance, you might wager on the +325 underdog while the opposing side is priced at -400. By offering odds on both sides, the sportsbook shares some risk in setting the price.

If you're unsure about betting on an underdog with your bonus funds (remember, sports bonuses usually expire after seven days at BetMGM), you can choose to create a parlay to achieve the desired odds.

I like the Tigers to defeat the Mets on Monday because the young Reese Olson showed great strikeout potential in 2023. The Mets deploy Sean Manaea, who has regressed over the last few years and showed some instability even in his spring appearances.

The Tigers are +115 on the moneyline, so to get me up to preferred bonus betting odds, I am going to combine Tigers ML with Yankees -1.5 against the D-backs. I like this play because the Yankees bullpen has a considerable edge over Arizona even if either of the young starting pitchers should folly.

I would have a +405 price on this parlay at BetMGM, which would bank $405 in a total payout if both legs hit with $100 in bonus on the line (note that bonus bets are not kept after use and they expire in seven days).

Sign Up for BetMGM Sportsbook

1. Click here and select your state. Click "Register" in the top right corner to begin registration.

2. Enter your details to create a new account

  • Email Address
  • Name
  • Date of Birth
  • Select a Unique User ID
  • Create a Secure Password
  • Provide the Last Four Digits of Your SSN (for verification purposes)
  • Phone Number
  • Home Address

3. Accept the Terms & Conditions, set security questions, and confirm your age and eligibility.

4. Make an initial deposit using online banking, PayPal, a credit card, or another funding option.

5. You will get your first deposit matched 20% to unlock up to $1,600 in Sports Bonus with the BetMGM bonus code after successfully navigating the BetMGM login process.

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