BetMGM Bonus Codes: Claim Your 20% Deposit Match or $200 Bonus Bets for Tuesday MLB, Any Sport

There is a 20 percent deposit match available for the ALDS and all other Tuesday events by using the BetMGM bonus code TOPTAN1500upon signing up to place your first wager.

BetMGM bonus code ACTIONGET will bank $200 bonus bets regardless of your first bet's outcome after a $10 wager. This isn't as lucrative as the deposit match, but we recommend this offer for those with more limited bankrolls.

The deposit match offer allows up to a maximum of $1,500 in return value. If you wanted to earn that much, you would have to deposit $7,500. It also comes with a 10x rollover, which we will dive more into below.

You can use this article to get started with either BetMGM bonus offer for Tuesday's betting slate.

How to Use Your BetMGM Bonus Code

We did a full breakdown of how the different kinds of sign-up offers work if you want to read about deposit matches more in detail.

It's best to deposit the entirety of your bankroll size as it serves all the more value for you to bet with along with the 20% in bonus bets you'll see. Suppose I deposit $1,000. I'll have the $200 in bonus bets to wager with.

Deposit matches generally come with a rollover, which is designed to prevent you from taking the bonus cash and running. This BetMGM deal has a 10x rollover on the bonus amount. So basically you must wager 10x what you received as a bonus over your first 30 days with BetMGM.

So I need to wager 10-times that $200 in 30 days for the bonus money to become eligible for withdrawal, which is $2,000-worth in this case.

You win at about a .500 rate, so you're not shedding out as much money as you might think.

If you place 20 different $100 bets to hit the rollover threshold. Each of these bets on a spread — all priced at -110.

• If you go 11-9, you’ll make about $100 in profit, plus you’ll get the $200 free from BetMGM. You’ll now have $1,300 in your account off a $1,000 deposit.
• If you go 10-10, you’ll lose about $91 from those bets, but still get the $200 in free cash for a total profit of $109.

Betting the point spreads at -110 to hit the rollover is just an example. You can bet anything as long as it’s shorter than -250 (so -240 is OK, -350 is not).

Keep in mind that you cannot bet on the opposite sides of the same game at BetMGM to hit your rollover requirement.

How to Use BetMGM Bonus Bets: ALDS Game 3

We tell readers to make plus-money wagers with your bonus bets. You’re getting much more expected value, since you don’t keep the initial stake. It’s mathematically optimal and you’ll make money in the long run. Don't focus as much on how many bets you win or lose.

There are several ways to do this: betting on an underdog, creating a parlay or choosing a longshot prop.

The Texas Rangers are favored over the Baltimore Orioles to win Game 3 and sweep the series in Arlington Tuesday. The Rangers are -138 to win, so let's look at a player prop.

Corey Seager is hitting .417 through the start of the postseason and tallied 33 home runs through the regular season. Seager is hitting .500 against Dean Kremer in his career and .333 against righties this season with 26 home runs.

Let's roll the dice with $100 in bonus bets on Seager to hit a homer at +320. If he hits one on Tuesday, that $100. in bonus bets would earn $320 in winnings, but the stake goes away. It earns nothing if he doesn't hit one and they are still not kept.

Signup with your BetMGM Bonus Code

These offers are not available in Kansas, New York, or Washington D.C. Here's what you should know about the BetMGM bonus code before signing up.

1. 21+ in all states, even Kentucky, which is 18+ by law
2. Physically located in a legal BetMGM state
3. Complete the sign-up flow
4. Make a deposit using any payment method
5. Use BetMGM bonus code TOPTAN1500 or ACTIONGET at checkout