BetMGM Bonus Code TOPTAN1500/TOPACTION: $1.5K Deposit Match or $158 Guaranteed Bonus Available All Week

BetMGM Sportsbook is offering two welcome bonuses for new users in legal states. The BetMGM bonus code TOPTAN1500 provides a 20% deposit match up to $1,500 in sports bonus, and the BetMGM bonus code TOPACTION yields a guaranteed $158 in bonus bets.

Both offers are eligible for any sporting event throughout the week. You can bet on any event today or wait until the Super Bowl on Sunday. BetMGM bonus bets are available for seven days.

Keep reading for more details on each BetMGM welcome offer. We'll also provide a bonus bet pick for tomorrow's 2024 WM Phoenix Open.

20% Deposit Match Up to $1,500 in Sports Bonus

BetMGM's 20% deposit match offer has a large bonus, but it's not easy to obtain. Because the deposit match is only 20%, it takes a $7,500 deposit to earn the full sports bonus. You should only claim this offer if you have a large bankroll.

The offer becomes less desirable with a 10x rollover requirement. BetMGM requires you to wager 10 times your sports bonus within 30 days to complete a withdrawal. For example, you would have to wager $1,000 of a $100 bonus to withdraw.

Bettors in Kentucky, New York, Nevada, and Washington D.C. won't have access to this sign-up bonus.

Bet $5, Get $158 in Bonus Bets Guaranteed!

If you prefer guaranteed bonus bets with a small deposit, check out the $158 in bonus bets offer. You only need a $10 deposit and $5 wager on any market to instantly receive $158 in bonus bets.

It's a much lower offer than the deposit match but comes with less risk. The bonus bets come in three increments: $50, $50, and $58. That allows you to use a bonus bet on Wednesday and save the other two for Super Bowl Sunday.

This offer is available in all legal BetMGM states except New York and Nevada.

BetMGM Bonus Bet Example: WM Phoenix Open

The BetMGM welcome offers provide a bonus bet for any sport or betting market. The WM Phoenix Open from TPC Scottsdale tees off on Thursday with two-time defending champion Scottie Scheffler opening as the favorite (+500).

Scheffler has finished fifth, 17th, and sixth in three tournaments this year. He has been nearly unstoppable at TPC Scottsdale, scoring two wins and a seventh-place finish in four starts.

The +EV betting guide recommends betting on a longshot in the +300 to +700 range for a bonus bet. Golf betting is great for a bonus because even the favorite fits the optimal bonus range. We take this approach since you only keep the potential winnings with a bonus bet.

A $50 bonus bet on Scheffler winning the WM Phoenix Open results in a $250 payout. No matter the outcome, we don't keep the $50 bonus stake.

BetMGM Sign-Up Steps

1. 21+ in all states, including Kentucky, which by law is 18+, BetMGM maintains 21+ there.
2. You are located physically in a betting state when signing up. You don't have to be from there, but you have to be physically present.
3. Accept the app's Terms & Conditions, set security questions, and confirm your age and eligibility. You've created your account!
4. Make a $5 deposit using online banking, PayPal, a credit card, or another funding option.
5. Bet $5 on any market and instantly receive $158 in bonus bets.

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, IA, IL, IN, LA, KS, MA, MD, MI, 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.