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BetMGM Bonus Code TOPACTION Earns $1,000 Promo for Cavs-Suns, Any Other Game

BetMGM Bonus Code TOPACTION Earns $1,000 Promo for Cavs-Suns, Any Other Game article feature image

BetMGM bonus code TOPACTION earns all new users a $1,000 first bet on the house at BetMGM. That means if your first wager loses, you’ll be refunded in bet credits.

It can be used on any game, including tonight’s marquee NBA showdown in Ohio, as the Cavs host the Suns (fresh off Donovan Mitchell’s 71-point game). Sports betting just launched on Ohio on Sunday.

BetMGM is one of the market-leading sportsbooks in the United States, and a useful book to have in your arsenal.

Here’s how their sign-up bonus works.

How to Sign Up at BetMGM

Here’s how to sign up at BetMGM. It should take just a few minutes.

  1. Start by clicking here
  2. Use TOPACTION at checkout
  3. Enter all your info — name, address, phone number, last four digits of your SSN so they can verify your identity, etc.
  4. Deposit at least $10
  5. Make your first bet up to $1,000

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.

How BetMGM’s Bonus Code Works

Confused about a first bet on the house, and how bet credits work? Let’s get into it. If you aren’t familiar with any sportsbook lingo, check out our guide on how each promo type works.

Making Your First Bet

Ideally, you want to place your entire deposit on your first wager. It sounds scary, but it’s the best way to maximize this promo.

Say you put $1,000 on an alternate line of Cavs -9.5 at +175.

  • If the Cavs cover that spread and win by 10 or more, you’ll profit $1,750, keep the original $1,000, and you’ll have $2,750 in your account you can withdraw or deposit.
  • If the Cavs don’t cover, you’ll get $1,000 back in bet credits.

If the first outcome happens, the promo is over. If the second happens, you’ll need to “convert” the bet credits.

Bet Credits With BetMGM

If your bet loses, as part of the new user promotion, BetMGM will credit your account with 10 separate $100 bet credits. Think of these as $100 spots courtesy of BetMGM. They’ll cover your wager, but if your bet wins, you only get to keep the profits.

Now you might be wondering, what should I do with all these bet credits? Our preferred bet credit strategy is like we already talked about — bet at plus-money. You’ll be getting much more expected value, considering you don’t keep the bet stake BetMGM is giving you.

Say you take a $100 bet credits and bet it on TCU to beat Georgia in the College Football Playoff national title game on Monday. The Horned Frogs are priced at +400.

  • If TCU wins, you profit $400 but don’t keep the $100 bet credit. You’ll now have $400 in cash and $900 in bet credits remaining.
  • If TCU loses, the bet credit goes away.

How to Use BetMGM’s Bonus Code on Wednesday

Our staff’s best bets for the Sentry Tournament of Champions, like JT Poston top 20: Poston quietly had the best season of his PGA career earning over $3.2M in earnings and got his first win since the 2018-19 PGA season. Poston’s iron metrics disappeared after that season but came back with a vengeance in 2022, especially with those proximities I value the most this week of 50-100 yards and more than 175 yards.

I’m a more conservative golf bettor and am always looking at value in the placement market. With only 39 golfers, the placement market is usually something that wouldn’t have much value overall.

Then I saw the +160 number on Poston and I had to jump on it, trusting that Poston can move his way around Kapalua like he did in 2020 and post a top-20 finish.

There’s a random college basketball game on Wednesday afternoon you should pay attention to: College of Charleston has cracked the AP Top 25 — the Cougars are currently ranked No. 23 — but the smart money is flowing on North Carolina A&T to this point.

Circa Sports in Las Vegas opened the Aggies as 12-point underdogs against the Cougars, but three separate waves of sharp action have come in on North Carolina A&T, driving the spread down to +11 at many shops across the market.

In fact, some sportsbooks, like DraftKings and PointsBet, have adjusted even more aggressively down to +10.5.

Interestingly, FanDuel Sportsbook is still offering North Carolina A&T at +11.5, so be sure to visit the Action Network’s College Basketball Live Odds Page to pick off the best price possible before getting down on Wednesday’s hoops action.

BetMGM Casino Offerings

If you want to take your holiday fun beyond the sportsbook, be sure to check out Action Network’s BetMGM Casino offer with a value up to $1,025 when you use casino bonus code ACTIONCASINO.

Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER. A Problem Gambling Helpline is available 24/7 at 1-800-589-9966 or texting 4HOPE to 741741.

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