BetMGM Bonus Codes: Earn $150 Bonus Bets (TOPACTION) or $1.5K Deposit Match (TOPTAN1500) This Week

Tuesday's betting board is headlined with eight NHL matchups, college basketball and a bevy of other events available to wager at BetMGM Sportsbook with a choice between two sign-up offers.

You can get $150 in bonus value by placing a first bet of $5 or more with the BetMGM bonus code TOPACTION. After the bet has settled, you will get three sports bonuses of $50 that you can't split into finer amounts.

The alternative has higher potential value, but it requires more money out of your pocket. If you sign up with the BetMGM bonus code TOPTAN1500, you can net up to $1.5K, but with a $7.5K deposit. It's a 20% deposit match, so if you deposit $100, you would have $20 in sports bonus. If you deposit $1,000, you'll get $200, etc.

You can't sign up with either of these New York and Nevada. If you're in Kentucky and Washington D.C., you will only get the $150 offer.

Let's get into some specifics on the offers and sports bonus at BetMGM below.

What is the BetMGM bonus code?

Note that you will get the $150 value no matter how your first bet results.

With the deposit match, you need to wager 10 times the amount of sports bonus you receive before you can withdraw anything.

Sports bonus at BetMGM function like bonus value at any other popular sportsbook. You won't keep them after using them, even if your bet wins. Sports bonus also expire after seven days if you don't place a wager with them.

The math says to always place bonus value on longer odds. You get less expected value with heavy favorites, so we advise to always bet underdogs on tight markets or plus-money odds that have two sides to the bet. The longer the odds, the more value you get with bonus bets.

For Tuesday night's NHL slate, I am going with Penguins -1.5 given it's an underperforming team that holds top seven ranks in both expected goals rate and shot attempt differential.

The Islanders have been struggling as well, but their advanced metrics support those lousy results. They have the worst penalty kill in the league and are one of the lowest ranked five-on-five play teams.

After a deflating meltdown in the Stadium Series, the Isles head to Pittsburgh and try to refocus while the Penguins chase them in the standings.

Bonus bet pick: Penguins -1.5

Example: If I placed $100 in sports bonus on this +185 play, I would earn $185 in real cash

BetMGM Sportsbook 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 $150 in bonus bets.

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