BetMGM Bonus Code TOPACTION Delivers $1,000 Value for the Indy 500, All Sunday Sports

The 107th running of the Indianapolis 500 begins today as 34 drivers aim to capture one of the biggest motorsports races in the world. This isn't just a big event for drivers, as the Indy 500 brings plenty of betting action. New users can check out a $1,000 first bet on the house with the BetMGM bonus code TOPACTION.

How does this offer work? New customers can make a first bet up to $1k. If that first bet loses, BetMGM matches it and refunds you in bonus bets. The only way to earn $1,000 in bonus bets is by betting that same amount for your first bet and losing.

Sunday, May 28 marks the biggest day in motorsports. The BetMGM bonus code is available for the F1 Monaco Grand Prix or NASCAR's Coca-Cola 600. If motorsports betting isn't your thing, you can use the signup offer on a different sporting event.

BetMGM offers guaranteed bonus bets if you bet $10 on an NBA, MLB, or NHL ML. Most states offer a $100 bonus bet, with $200 available in Massachusetts and Ohio.

• TOPACTION: $1k first bet on the house
• TOPACTIONNBA: Bet $10 on any NBA moneyline, get $100 ($200 in MA & OH)
• ACTIONNHL: Bet $10, get $100 ($200 in MA & OH)
• ACTIONMLB: Bet $10, get $100 ($200 in MA & OH)

BetMGM Bonus Code: Indy 500

The 2023 Indy 500 begins at 12:45 p.m. ET on NBC. Scott Dixon and Alex Palou had the cars to beat last year, leading a combined 142 of 200 laps but Marcus Ericsson took command with 11 laps to go to claim his first Indianapolis 500 victory.

Palou will start on the pole for this year's Indy 500. The 2021 IndyCar Champion has had much success in the Indy 500. Palou led 35 laps in the 2021 race and nearly pulled off the victory before losing the lead in the final five laps. He followed up the runner-up finish with a ninth-place showing after leading 47 laps in 2022.

BetMGM has three drivers with odds shorter than +1000. Unsurprisingly, Palou leads the way at +550. The odds are low for an IndyCar race, but it's perfect for our bonus bet.

The +EV betting guide recommends taking a longshot because that's the best way to earn a strong return on investment. You don't keep your initial stake with a bonus bet, so a plus-money prop is the only way to turn a profit.

There are many betting options for the 2023 Indy 500, but betting on the winner is the simplest. Remember, you only have bonus bets if your first bet up to $1k loses. Let's say you lost a $100 bet ahead of the Indy 500. Now, you can put your $100 bonus bet on Palou winning the Indy 500 at +550.

A Palou victory means you earn $550 in winnings. You no longer have a bonus bet, but your winnings are available for cashout, or you can continue betting. You have no money left if Palou doesn't win the Indy 500.

Signing Up at BetMGM

BetMGM has a few things you should know before you get started.

1. You must be 21+ years old to register and bet.
2. You must be located in a BetMGM state when placing your first wager. You don’t have to live in Ohio to wager; you have to be in the state at the time of activation and making a bet. Check out our travel betting guide for more details. You can withdraw money once you’ve already left the state (so if you were in Ohio on Monday and bet on the Super Bowl, you could withdraw in your home state next Monday).
3. You must have access to a valid deposit method. Credit cards, bank account transfers, and PayPal are the most popular, though some credit cards will flag gambling and not allow you to deposit.

21+. Gambling problem? Call 1-800-GAMBLER. CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Nevada, New York or Ontario.