BetMGM Bonus Code TOPTAN1500 Fetches up to $1.5K Total Value for All Fourth of July Events

With the Fourth of July comes perhaps the year's most unusual betting event with Nathan's Hot Dog Eating Contest and its 15-time champion, Joey Chestnut, in Coney Island, NY. Any event taking place Tuesday can be wagered with BetMGM bonus code TOPTAN1500 to access $1.5K in bonus value with a $20% deposit match.

This offer means you get 20% worth of whatever you first deposit at BetMGM in bonus bets. Since the max value for this offer is $1,500, you can deposit up to $7,500.

But in order to withdraw, you must bet 10x whatever amount you get in bonus bets. So a $100 deposit that gets $20 back in bonus bets would require $200 worth of bets ($20 x 10 = $200) for withdrawal.

New York and Washington D.C. are the only BetMGM states that do not have access to this offer.

The women's event begins at 10:45 p.m. ET while the men's delayed to 1 p.m. ET.

Joey Chestnut will seek to eclipse consuming 76 hot dogs and buns—a world record he set in 2021. Chestnut's 15 victories have all come in the last 16 years.

Let's look at an angle to bet the best eaters in the world at Nathan's Hot Dog Eating Contest at BetMGM below.

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BetMGM Bonus Code: Nathan's Hot Dog Eating Contest

Only having lost the contest in 2015, Chestnut is an overwhelming favorite at -3000 with Geoffery Esper and Nick Wehry priced behind him at +1400 and +3000, respectively.

Chestnut fell short of his record in 2022 eating 63 hot dogs, but still prevailed to win his 15th Mustard Belt.

This year, Chestnut is priced at +285 to top his world record.

Esper is the world No. 2 rank having finished in second place the last two years—swallowing 50 hot dogs in 2022. Esper's career best is 51—leaving a wide historical gap between Chestnut and the field. His over/under hot dogs eaten prop is set right under that at 49.5 to Chestnut's 72.5. Both sides priced at -112.

Since betting Chestnut outright offers no value, we can get creative with confidence in his perennial dominance of this event.

BetMGM has the Male Winner to Win by 5.25-10 Hot Dogs prop set at +650. Given that Chestnut has beat the field by that number of hot dogs before, this offers exciting value for using bonus bets; we want to place them on longshots anyway.

How Would this Bet Settle Using Bonus Bets?

Using $100 in bonus bets for this example, we would see $650 in real profits back if the winner eats anywhere between 5.25 to 10 more hot dogs than the runner-up. But if the margin between first and second place is not in that window, the $100 is gone and we profit nothing.

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.