BetMGM Bonus Codes: Bet on All Sports with $200 Bonus Offer or $1.5K Deposit Match

BetMGM Bonus Codes: Bet on All Sports with $200 Bonus Offer or $1.5K Deposit Match article feature image
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BetMGM Marquette-Illinois, 11/14/2023

Tuesday's sports slate features exciting matchups for college basketball, NBA, NHL, college football, and more. Bettors looking to sign up for a new sportsbook should visit BetMGM. The betting site provides new customers with a max of $1,500 in bonus bets with the BetMGM bonus code.

  • The BetMGM bonus code TOPTAN1500 is a 20% deposit match up to $1.5K in bonus bets. New users must deposit $7,500 to earn the full $1,500 bonus bets. Any bonus bet cannot be withdrawn until you wager 10 times that amount in 30 days.
  • Or, you can use BetMGM bonus code ACTIONGET at signup. This offer only requires a $10 first bet on any game. Once complete, you'll get $200 in bonus bets.

Both offers are available for customers in legal BetMGM states, except New York and Washington. Visit the best sportsbooks & betting sites for more welcome bonuses.

How to Use the BetMGM Welcome Offers

The deposit match at BetMGM doesn't require a first bet, but bettors must deposit a minimum of $10. Theoretically, they should deposit $1,000 because anything less would yield fewer bonus bets than the alternative welcome offer. The biggest downside to the deposit match offer is the 10X rollover requirement.

BetMGM's bet and get signup offer is relatively simple. It only takes a $10 first bet to score the $200 bonus bet, as the first bet outcome doesn't impact the bonus bet payout.

Any sporting event on Tuesday is eligible for the BetMGM signup offers. Let's use an example of a marquee college basketball matchup between No. 4 Marquette and No. 23 Illinois.

Both teams have begun 2-0, but they've had easy matchups. A top-25 battle will be the first test for both teams as they attempt to submit themselves as National Championship contenders. Marquette is a slight road underdog and could be without All-American Tyler Kolek.

This matchup isn't as simple as betting on the favorite. A bonus bet should come on a plus-money prop because the stake goes away no matter what. A plus-money prop is the only way to ensure the potential winnings outweigh the stake.

A $100 bet on the Marquette ML (+120) would pay out $120 in winnings, while a loss leaves us with no profit. Check out the +EV betting guide for more information on bonus bets.

  • Betting Pick: Marquette ML (+120)

BetMGM Sportsbook Signup Process

  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 an initial deposit using online banking, PayPal, a credit card, or another funding option.
  5. You will get your first deposit matched up to $1,500 in Bonus Bets (20%) with the BetMGM bonus code after successfully navigating the BetMGM login process.

21+. Gambling problem? Call 1-800-GAMBLER. CO, DC, IL, IN, KY, 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.

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