BetMGM Bonus Code: Score a $1,500 Deposit Match or Guaranteed $150 Bonus All Weekend
BetMGM Pennzoil 400, 03/03/2024
BetMGM Sportsbook allows new customers to choose between two welcome offers. The bonuses are eligible for any sporting event or betting market for seven days.
- BetMGM Bonus Code TOPTAN1500: Get a 20% Deposit Match up to $1,500 in Sports Bonus
- BetMGM Bonus Code TOPACTION: Bet $5 Get $150 Instantly in Bonus Bets
BetMGM has a 20% deposit match up to $1.5K in sports bonus with the BetMGM bonus code TOPTAN1500. If you're aiming for the full offer, you must deposit $7,500. No matter your deposit amount, you'll have a 10x rollover requirement preventing you from withdrawing until you wager 10 times your bonus. Kentucky and Washington D.C. users won't have access to this offer.
The BetMGM bonus code TOPACTION gives users a guaranteed $150 in bonus bets. The betting site only requires a $5 first bet on any market, and you'll instantly have bonus bets. Both offers are unavailable in New York and Nevada.
BetMGM provides their bonus bets in $25 increments. You can use the bonus code or click the links below to claim the welcome bonus. Keep reading to view our bonus bet example for Sunday's sports slate.
BetMGM Bonus Bet: NASCAR Racing at Las Vegas
The NASCAR Cup Series visit Las Vegas for the Pennzoil 400 today at 3:30 p.m. ET on FOX. Last week's race produced a thrilling three-wide finish, and we hope to see another exciting race.
The BetMGM betting odds have Kyle Larson (+450) as the favorite, with William Byron and Christopher Bell (+900) as the only other drivers with odds shorter than +1000.
Moving down the odds board, we find two-time Cup Champion Joey Logano. Action Network's PJ Walsh has Logano as one of his top picks for the 2024 Pennzoil 400.
- Betting Pick: Joey Logano T3 Finish (+425)
Logano is a three-time winner at Las Vegas, but his recent numbers moved him down the odds board. Walsh likes Logano to win outright, but I'm taking a slightly safer approach with a $25 bonus bet.
The optimal range for a bonus bet is +300 to +500. You earn more expected value with a bigger longshot, but the chances of hitting a market in the +1000 range are lower. We're still getting great value for Logano without betting him to win the race.
Everyone should have at least six $25 bonus increments. If you use one on Logano scoring a top-three finish, you'd have a potential outcome of $106 in winnings.
BetMGM Sportsbook Welcome Bonus
- 21+ in all states, including Kentucky, which by law is 18+, BetMGM maintains 21+ there.
- You are located physically in a betting state when signing up. You don't have to be from there, but you have to be physically present.
- Accept the app's Terms & Conditions, set security questions, and confirm your age and eligibility. You've created your account!
- Make a $5 deposit using online banking, PayPal, a credit card, or another funding option.
- Bet $5 on any market and instantly receive $150 in bonus bets.
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