Promotion Banner

BetMGM Bonus Code TOPACTION Offers $1,000 Value for Friday NBA, NFL Weekend Slate

BetMGM Bonus Code TOPACTION Offers $1,000 Value for Friday NBA, NFL Weekend Slate article feature image

BetMGM NBA, 01/20/2023

Ahead of a huge sports weekend, BetMGM bonus code TOPACTION unlocks a $1,000 first bet on the house for all new users (except users in New York, where BetMGM Sportsbook does not have any bonus offers available).

How’s it work? Make your first wager at BetMGM Sportsbook. If it wins, you keep the winnings and initial bet amount. If it loses, you get refunded in bet credits, which we’ll explain more below.

This BetMGM bonus code can be used on any sport and any game — it just has to be your first wager on the platform.

If you’re in newly-launched Ohio and looking for a lower-risk offer, use code ACTIONNBA to get $200 in bet credits when you wager $10 on any NBA game.

BetMGM is a sportsbook you need in your arsenal for the NFL thanks to its first touchdown pricing, first TD promo, prop offerings and other benefits.

BetMGM Bonus Codes, Explained

Before you sign up, check out our guide to each sportsbook promotion type. It will help explain how the different offers work.

BetMGM’s bonus is a fairly straightforward “first bet on the house.” Here’s how it works.

Making Your First Wager

Time for our first bet. Let’s pretend I’m signing up for the first time on Friday, and deposit $100. I’ll want to put my full deposit on my first bet to maximize the value.

Let’s say I want to put $100 on the Giants moneyline at +300 against the Eagles. It’s the mathematically optimal strategy to use your bonuses on plus-money wagers.

Here’s how it can play out:

  • If the Giants win, I profit $300 and keep the original $100. I’ll now have $400 in my account that’s real cash I can withdraw or keep betting.
  • If the Giants lose, I get $100 back in bet credits.
Outcome Profits Total $ in acct.
Giants win $300 $400
Giants lose $0 $100 bet credits

Since it’s the playoffs, it can’t be a tie.

Bet Credits With BetMGM

OK, I lost my first bet. What now?

I have $100 in bet credits.

In this case, I’ll tail our Sean Koerner on Devin Singletary under 43.5 rushing yards on Sunday against the Bengals.

There are a few reasons why I like Singletary’s under.

First, there’s his backfield mate, James Cook. In the Wild Card Round, Singletary was out-touched by Cook, who had 12 rush attempts to Singletary’s 10. I thought there was a chance the Bills would lean more on Singletary in the playoffs, but it was the opposite. Singletary dominated passing down work, while Cook played more on early downs.

This should also be a close game where the Bills will likely be a bit more pass heavy than usual.

The Bengals run defense is very good. Though they rank 14th in DVOA, consider that D.J. Reader — one of the premier run stuffers in the league — missed six games. Teams average 4.6 yards per run when he’s off the field, compared to only 3.6 yards/run when he’s on the field.

I project Singletary’s median closer to 38.5 rush yards.

Here are the possible outcomes:

  • Singletary goes under and you win the prop — that $100 bet credits becomes about $91 in cash. But you don’t keep the $100 bet credit.
  • Singletary goes over, and you lose the bet credit. You’re now left with nothing in your account.

Registering Your BetMGM Account

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.

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.

How would you rate this article?

This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only. Action Network makes no representation or warranty as to the accuracy of the information given or the outcome of any game or event.